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IFMA Foundation Financial Data
Fiscal Year 2006 Financial Summary The following information was compiled from the audited annual financial statement for fiscal year 2006 for the IFMA Foundation.
Program vs. Admin Ratio
The graph displays the comparison of the amount of funds being spent on Programs verses Administrative Expenses. The numbers used to create this graph are taken directly from the IRS Form 990 that is filed annually and is a matter of public record. The calculation used is an industry standard and is used by many of the organizations that evaluate and rank non-profit agencies.
The previous calculation was errant and had no grounding within the non-profit industry. We sincerely apologize for any confusion and we are available to respond to any questions regarding these calculations. Please contact William.rub@ifma.org if you have any questions or comments. |