Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: CERTIFICATION EXAM PRO

  total $19,937,006 · related or exempt $19,937,006 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $245,974 · excluded $245,974

• 7a · Gross sales of assets other than inventory

  securities $2,192,847

• 7b · Less cost or other basis and sales expenses

  securities $1,717,443

• 7c · Gain or loss

  securities $475,404

• 7d · Net gain or loss

  total $475,404 · excluded $475,404

• 11a · Other revenue: ALLOCATED INC IMA IND.

  total $85,113 · excluded $85,113

• 11e · Other revenue, total

  $85,113

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $476,756

• 7 · Other salaries and wages

  total $1,047,944

• 9 · Other employee benefits

  total $106,010

• 10 · Payroll taxes

  total $85,223

• 11f · Fees: investment management

  total $13,544

• 11g · Fees: other

  total $778,898

• 13 · Office expenses

  total $304,714

• 17 · Travel

  total $14,470

• 19 · Conferences, conventions and meetings

  total $1,838

• 24a · Other expenses: ALLOCATED SUPPORT EXP.

  total $17,424,378

• 24b · Other expenses: ADMINISTRATION EXPENSES

  total $5,224,749

• 24c · Other expenses: OTHER TAXES

  total $226,615

• 24d · Other expenses: IMA EGYPT EXPENSES

  total $47,718

• 24e · All other expenses

  total $21,806

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $5,853 · end of year $2,919

• 9 · Prepaid expenses and deferred charges

  beginning of year $882,214 · end of year $0

• 10a · Land, buildings and equipment: cost or other basis

  $0

• 10b · Land, buildings and equipment: accumulated depreciation

  $0

• 10c · Land, buildings and equipment, net

  beginning of year $0 · end of year $0

• 12 · Investments: other securities

  beginning of year $0 · end of year $0

• 13 · Investments: program-related

  beginning of year $0 · end of year $0

• 15 · Other assets

  beginning of year $4,929,014 · end of year $342,923

• 17 · Accounts payable and accrued expenses

  beginning of year $1,994,245 · end of year $154,185

• 19 · Deferred revenue

  beginning of year $9,689,960 · end of year $10,242,305

• 25 · Other liabilities

  beginning of year $36,197 · end of year $812,303

• 27 · Net assets without donor restrictions

  beginning of year -$5,903,321 · end of year -$10,862,951

The filer's explanations (Part III)

PART I, LINE 3

THE SVP & CFO OF THE CONTROLLING AFFILIATE (INSTITUTE OF MANAGEMENT ACCOUNTANTS, INC.) AND THE TREASURER ARE OFFICERS OF THE ENTITY. COMPENSATION OF OFFICERS, IF ANY, IS REVIEWED AND APPROVED BY INDEPENDENT MEMBERS OF THE CONTROLLING AFFILIATE'S BOARD AFTER REVIEW OF COMPARABLE DATA AND DELIBERATION MEETINGS ARE CONTEMPORANEOUSLY RECORDED.

PART I, LINE 4A

SEVERANCE PAYMENT AN INDIVIDUAL RECEIVED A SEVERANCE PAYMENT. THE SEVERANCE IS INCLUDED IN COMPENSATION IN SCHEDULE J, PART II, COLUMN (B)(III).

FORM 990, PART VII, SECTION A, LINE 1 AND SCHEDULE J, PART II:

VARIOUS INDIVIDUALS REPORTED IN THE ICMA FORM 990 ARE PAID BY AN AFFILIATED ORGANIZATION, INSTITUTE OF MANAGEMENT ACCOUNTANTS, INC. ("IMA"). FORM 990, PART VII AND SCHEDULE J, PART II REPORT THE COMPENSATION AS HAVING BEEN PAID BY IMA. HOWEVER, A PORTION OF THE INDIVIDUALS' COMPENSATION IS REIMBURSED BY ICMA BASED ON SERVICES RENDERED TO THAT ORGANIZATION.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• IMA SERVICES INC (IMAS)

  C · EDUCATION SERVICE · NJ

  Directly controlled by IMA

• BEIJING IMA MANAGEMENT CONSULTING LTD

  C · EDUCATION SUPPORT SERVICE · CH

  Directly controlled by IMAS

• INST OF MGMT ACCTS INDIA PRIVATE LTD

  C · EDUCATION SUPPORT SERVICE · IN · 99% owned · share of income $85,113 · share of assets $245,214 · controlled entity

  Directly controlled by ICMA

• IMA SOUTH EAST ASIA PTE LTD

  C · EDUCATION SUPPORT · SN

  Directly controlled by IMA

• IMA EGYPT FOR CONSULTANCY

  C · EDUCATION SUPPORT · EG · 50% owned · share of assets $1,122 · controlled entity

  Directly controlled by IMAICMA

• IMA ARABIA

  C · EDUCATION SUPPORT · SA

  Directly controlled by IMA