International Financial Reporting Standards Foundation
80% goes to programs $1 to raise $100 Strong reserves Growing revenue
International Financial Reporting Standards Foundation is a 501(c)(3) organization, registered in 2001, with $76,406,723 in FY2023 revenue. CharityIndex grades it A, and it directs about 80% of spending to programs.
E144hd, United Kingdom, 00000 EIN 13-4164140 Since 2001
Revenue (FY2023)
$76.4M
▲ 9.7% vs prior year
Community median: $184K
Expenses (FY2023)
$77.1M
Net assets
$61.5M
Employees
56
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating80% to programs · $1 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For International Financial Reporting Standards Foundation: 80% to programs · $1 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating10 mo reserves · -1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For International Financial Reporting Standards Foundation: 10 mo reserves · -1% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For International Financial Reporting Standards Foundation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For International Financial Reporting Standards Foundation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
See schedule o
What they do
Content services and related activities: publications and the ifrs taxonomy activities all support the objectives of the organization and the standard setting process. a key challenge for the content services team is to balance the commercial needs and the public interest mission of the ifrs foundation. some key activities are as follows: * advising national authorities on the ifrs adoption and convergence process: the translations, adoption and copyright team liaises with the relevant national legal authority to support and enable national adoption of ifrs standards. the team aims to support this complex process while maintaining consistency with the foundation's international policies. * directing ifrs translation activities: ifrs standards are translated into more than 40 languages worldwide. any translation of the standards must be consistent and preserve the integrity of the original meaning in a non-english language; the team facilitates this by providing advice to translating jurisdictions and by monitoring the various review committees. * taxonomy : the ifrs accounting taxonomy improves communication between preparers and users of financial statements that comply with ifrs accounting standards. preparers can use the ifrs accounting taxonomy's elements to tag required disclosures, making them more easily accessible to users of electronic reports. the ifrs accounting taxonomy reflects the presentation and disclosure requirements of ifrs accounting standards and includes elements from the accompanying materials to the ifrs accounting standards such as implementation guidance and illustrative examples. in addition, it contains elements for disclosures not specifically required by ifrs accounting standards but commonly reported in practice. updates to the ifrs accounting taxonomy are released when the international accounting standards board (iasb) issues new or amended accounting standards that affect ifrs accounting taxonomy content. updates may also be released after an analysis of disclosures commonly reported in practice or to reflect improvements to the ifrs accounting taxonomy's general content or technology. ifrs accounting taxonomy updates are subject to public consultation. the annual ifrs accounting taxonomy is a compilation of updates to the ifrs accounting taxonomy published throughout the year. the ifrs foundation usually publishes the annual ifrs accounting taxonomy in the first quarter of each year. the issb is currently developing ifrs sustainability disclosure taxonomy. the foundation also publishes educational guides and supporting material to aid understanding and use of the ifrs accounting taxonomy. the ifrs taxonomy consultative group reviews updates to the ifrs accounting taxonomy prior to public consultation and provides advice on ifrs accounting taxonomy-related issues. * sales and licensing of foundation material: the foundation offers a broad range of products and premium services to support the widespread adoption and implementation of ifrs standards. these services include print and digital editions of the ifrs foundation's major works and subscription options for all ifrs standards and related documents. the foundation also sells publications through its ifrs web shop. the ifrs foundation generates an important part of its income from the use of the foundation's intellectual property (ip). this includes its content and trade marks. as the originator and owner of ifrs standards, including ias standards, ifric interpretations and sic interpretations (collectively the 'standards'), the foundation engages in licensing its standards to third parties wishing to reproduce them in their own products and services or distribute them in different jurisdictions. licensing activities generally fall into two main areas: permission and licence agreements.
Contact & location
- Address
- E144hd, United Kingdom, 00000
- City
- —
- State
- —
- Subcategory
- Alliances, Advocacy & Professional Societies
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $43.0M (FY2013) to $76.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $22.8MNet assets $61.5M
Operating margin
-0.9%
Spent more than it raised in the latest fiscal year.
Total assets
$84.3M
Total liabilities
$22.8M
Net assets
$61.5M
Salaries & benefits
$50.9M
66% of expenses
Board members
22
22 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $76,406,723▲9.7% | $77,131,080▲30.6% | $61,518,549▲5.2% | $84,294,215▲0.9% | 990 |
| 2022 | $69,678,668▲74.0% | $59,071,981▲48.9% | $58,469,514▲6.1% | $83,507,013▲22.8% | 990 |
| 2021 | $40,055,296▲3.5% | $39,666,455▲12.2% | $55,109,780▼2.8% | $67,984,215▼4.3% | 990 |
| 2020 | $38,709,138▼3.0% | $35,354,179▼3.4% | $56,708,156▲12.8% | $71,072,950▲10.9% | 990 |
| 2019 | $39,925,344▼4.3% | $36,581,351▲1.4% | $50,283,553▲14.4% | $64,066,763▲27.9% | 990 |
| 2018 | $41,720,453▲0.2% | $36,076,116▲4.2% | $43,961,274▲3.3% | $50,087,739▲2.4% | 990 |
| 2017 | $41,626,910▼0.2% | $34,632,988▲0.4% | $42,558,092▲51.5% | $48,910,095▲46.5% | 990 |
| 2016 | $41,705,005▼1.2% | $34,505,887▼6.1% | $28,096,571▼3.3% | $33,390,015▼11.6% | 990 |
| 2015 | $42,213,562▼10.3% | $36,730,884▼8.4% | $29,067,337▲10.0% | $37,755,224▲16.2% | 990 |
| 2014 | $47,063,826▲9.5% | $40,096,810▲2.2% | $26,435,135▲21.0% | $32,502,282▲13.4% | 990 |
| 2013 | $42,973,410 | $39,223,711▲4.2% | $21,848,622▲24.7% | $28,666,005▲1.0% | 990 |
| 2012 | — | $37,641,548▼8.6% | $17,524,016▲35.2% | $28,395,107▲15.9% | 990 |
| 2011 | — | $41,194,250▲7.5% | $12,964,407▲7.4% | $24,496,657▲30.3% | 990 |
| 2010 | — | $38,334,468 | $12,065,975 | $18,795,480 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Andreas Barckow — $911,937 (1.18% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Andreas Barckow | Iasb Chair | 40 | $911,937 |
| Emmanuel Faber | Issb Chair | 40 | $911,825 |
| Linda Mezon-hutter | Iasb Vice Chair | 40 | $788,590 |
| Susan Lloyd | Issb Vice Chair | 40 | $788,590 |
| Ann Tarca | Iasb Board Member | 40 | $721,248 |
| Nicholas Anderson | Iasb Board Member | 40 | $721,248 |
| Patrina Buchanan | Iasb Board Member | 40 | $721,248 |
| Rika Suzuki | Iasb Board Member | 40 | $721,248 |
| Tadeu Cendon Ferreira | Iasb Board Member | 40 | $721,248 |
| Jingdong Hua | Issb Vice Chair | 40 | $581,762 |
| Lee White | Managing Director | 40 | $516,329 |
| Erkki Liikanen | Trustee Chair | 16 | $248,000 |
| Dame Collette Bowe | Trustee Committee Chair | 5 | $33,480 |
| Dr Suresh P Kana | Trustee Committee Chair | 5 | $33,480 |
| Larry Leva | Trustee Vice & Committee Chair | 5 | $33,480 |
| Michel Madelain | Trustee Committee Chair | 5 | $33,480 |
| Teresa Ko Yuk Yin | Trustee Vice & Committee Chair | 5 | $33,480 |
| Erhard Schipporeit | Trustee | 3 | $24,800 |
| Keiko Tashiro | Trustee | 3 | $24,800 |
| Kenneth Robinson | Trustee | 3 | $24,800 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Baker Mckenzie LLP | Consulting | $2,061,579 |
| Corporate Traveller | Travel Agent | $2,023,208 |
| Softcat Limited | It Support | $966,552 |
| Vialto Partners | Consulting | $552,190 |
| Adobe Systems Software | It Support | $530,665 |
Grants received · $1.6M total
2 grants to International Financial Reporting Standards Foundation totaling $1.6M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $1,000,000 |
| The Blackbaud Giving Fund | General support | 2022 | $577,500 |
Frequently asked questions
- Is International Financial Reporting Standards Foundation a legitimate nonprofit?
- Yes. International Financial Reporting Standards Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-4164140. Donations are tax-deductible.
- What is International Financial Reporting Standards Foundation's EIN?
- International Financial Reporting Standards Foundation's Employer Identification Number (EIN) is 13-4164140.
- How much revenue does International Financial Reporting Standards Foundation report?
- International Financial Reporting Standards Foundation reported $76,406,723 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of International Financial Reporting Standards Foundation's spending goes to programs?
- International Financial Reporting Standards Foundation spends about 80% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does International Financial Reporting Standards Foundation have?
- CharityIndex grades International Financial Reporting Standards Foundation A, based on program efficiency and fundraising cost.
- How much does International Financial Reporting Standards Foundation's highest-paid employee make?
- The highest reported compensation on International Financial Reporting Standards Foundation's latest Form 990 is $911,937, paid to Andreas Barckow (Iasb Chair).
Explore more
Data for International Financial Reporting Standards Foundation (EIN 13-4164140) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.