Civic Intelligence

Intersocietal Accreditation Commission Inc

990 • Fiscal year 2023 • EIN 52-2003726

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 11, 2024

Organization ProfileWWW.INTERSOCIETAL.ORG

View Organization Page

6021 University Blvd 500Ellicott City, MD 21043

(800) 838-2110

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

5th percentile

0.00x

Higher debt load relative to assets than 5% of similar nonprofits.

2023 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

5th percentile

0.00x

Higher debt load relative to revenue than 5% of similar nonprofits.

2023 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2023

Net Margin

7th percentile

-21%

Higher net margin than 7% of similar nonprofits.

2023 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

54th percentile

$606,820

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 6.0% of source-year revenue.

2023 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2023

Asset Growth

35th percentile

3.9%

Faster asset growth than 35% of similar nonprofits.

2023 filings • 501(c)6 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

19th percentile

-4.5%

Faster revenue growth than 19% of similar nonprofits.

2023 filings • 501(c)6 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets5th percentile

Assets

Up

$26,553,624

Up $1,003,760 (+3.9%) from 2022

Net Assets

Up

$26,513,985

Up $966,697 (+3.8%) from 2022

Liabilities

Up

$39,639

Up $37,063 (+1439%) from 2022

Revenue And Expenses
Liabilities / Revenue5th percentileNet Margin7th percentile

Revenue

Down

$10,048,760

Down $476,516 (-4.5%) from 2022

Expenses

Up

$12,171,947

Up $1,653,627 (+16%) from 2022

Net Income

Down

-$2,123,187

Down $2,130,143 (-30623%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth35th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2010: $10,973,856Liabilities 2010: $726,223Net Assets 2010: $10,247,6332010Assets 2011: $13,894,674Liabilities 2011: $664,934Net Assets 2011: $13,229,7402011Assets 2012: $13,589,007Liabilities 2012: $694,938Net Assets 2012: $12,894,0692012Assets 2013: $14,076,336Liabilities 2013: $636,362Net Assets 2013: $13,439,9742013Assets 2014: $15,834,343Liabilities 2014: $586,090Net Assets 2014: $15,248,2532014Assets 2015: $15,734,032Liabilities 2015: $530,656Net Assets 2015: $15,203,3762015Assets 2016: $15,738,633Liabilities 2016: $455,888Net Assets 2016: $15,282,7452016Assets 2017: $18,684,096Liabilities 2017: $366,219Net Assets 2017: $18,317,8772017Assets 2018: $19,393,824Liabilities 2018: $279,849Net Assets 2018: $19,113,9752018Assets 2019: $22,159,975Liabilities 2019: $208,434Net Assets 2019: $21,951,5412019Assets 2020: $25,164,705Liabilities 2020: $872,476Net Assets 2020: $24,292,2292020Assets 2021: $28,295,672Liabilities 2021: $8,259Net Assets 2021: $28,287,4132021Assets 2022: $25,549,864Liabilities 2022: $2,576Net Assets 2022: $25,547,2882022Assets 2023: $26,553,624Liabilities 2023: $39,639Net Assets 2023: $26,513,9852023Assets 2024: $29,819,501Liabilities 2024: $0Net Assets 2024: $29,819,5012024

Highlighted filing

2023

Assets$26,553,624
Liabilities$39,639
Net Assets$26,513,985
Open 2023 Filing

Operations Trend

Revenue Growth19th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2010: $7,587,958Expenses 2010: $6,071,983Net Income 2010: $1,515,9752010Revenue 2011: $11,412,982Expenses 2011: $8,436,983Net Income 2011: $2,975,9992011Expenses 2012: $8,649,2782012Revenue 2013: $8,292,065Expenses 2013: $8,215,896Net Income 2013: $76,1692013Revenue 2014: $12,132,521Expenses 2014: $10,409,054Net Income 2014: $1,723,4672014Revenue 2015: $9,600,689Expenses 2015: $9,137,823Net Income 2015: $462,8662015Revenue 2016: $9,486,522Expenses 2016: $9,911,841Net Income 2016: -$425,3192016Revenue 2017: $12,000,442Expenses 2017: $9,786,529Net Income 2017: $2,213,9132017Revenue 2018: $11,411,394Expenses 2018: $9,794,933Net Income 2018: $1,616,4612018Revenue 2019: $10,938,177Expenses 2019: $9,624,902Net Income 2019: $1,313,2752019Revenue 2020: $12,461,014Expenses 2020: $10,250,846Net Income 2020: $2,210,1682020Revenue 2021: $12,374,113Expenses 2021: $10,289,926Net Income 2021: $2,084,1872021Revenue 2022: $10,525,276Expenses 2022: $10,518,320Net Income 2022: $6,9562022Revenue 2023: $10,048,760Expenses 2023: $12,171,947Net Income 2023: -$2,123,1872023Revenue 2024: $14,351,653Expenses 2024: $10,791,966Net Income 2024: $3,559,6872024

Highlighted filing

2023

Revenue$10,048,760
Expenses$12,171,947
Net Income-$2,123,187
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 11, 2024
Return Version
2023v5.1
Gross Receipts
$18,237,133
Mission and Program Overview

Mission

The intersocietal accreditation commission (iac) programs are dedicated to ensuring quality patient care and promoting health care and are all dedicated to one mission: improving health care through accreditation.

Provides accreditation of diagnostic imaging and image guided treatment facilities through a process of peer review and accreditation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$23,227,385$25,292,575▲ $2,065,190
Cash and Non-Interest-Bearing Accounts$605,532$767,901▲ $162,369
Land, Buildings, and Equipment, Net$136,850$103,636▼ $33,214
Prepaid Expenses and Deferred Charges$1,176,841$4,850▼ $1,171,991
Accounts Receivable-$420-
Total Assets$25,549,864$26,553,624▲ $1,003,760
Other Assets Total$403,256$384,242▼ $19,014
Liabilities
Accounts Payable and Accrued Expenses-$40,565-
Other Liabilities$2,576$-926▼ $3,502
Total Liabilities$2,576$39,639▲ $37,063
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$25,547,288$26,513,985▲ $966,697
Total Net Assets Fund Balance$25,547,288$26,513,985▲ $966,697
Total Liabilities and Net Assets / Fund Balance$25,549,864$26,553,624▲ $1,003,760

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$103,636$812,419$916,055
Leasehold Improvements$0$11,082$11,082
Compensation and Service Providers
Top Officer Pay54th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mary LallyCEOFT$479,765$127,055$606,820
Algis SkudzinskasChief Operating OfficerFT$167,398$58,112$225,510
Kenneth KirbyChief Information OfficerFT$175,948$25,706$201,654
Bonnie Pauza-millerChief Administration/finanFT$160,453$26,992$187,445
Frank VermeirenDirector of Strategic BusiFT$150,101$21,831$171,932
Mary Beth FarrellDirector of ResearchFT$140,728$19,763$160,491
Merri L Bremer Edd Rn Acs RdcsChairperson-$16,610-$16,610
Pamela Burgess Acs Bs Rdms RdcsBoard Member-$11,925-$11,925
Scott Jerome Do Facc Fasnc FscctTreasurer-$10,035-$10,035
Alexandra Page MdChair Elect-$10,000-$10,000
Craig Beavers Pharmd Faha AaccBoard Member-$10,000-$10,000
David Conley MdBoard Member-$10,000-$10,000
David Sacks MdImmediate Past Chair-$10,000-$10,000
Deepak Nair Md Facs Ms Mha RvtSecretary-$10,000-$10,000
Denise Case Mslm RtBoard Member-$10,000-$10,000
Gerald Serwer Md Fhrs Facc FaapBoard Member-$10,000-$10,000
Kathleen Ozsvath Md FacsBoard Member-$10,000-$10,000
Kevin Cockroft Md MscBoard Member-$10,000-$10,000
Mladen Vidovich Md Facc FscaiBoard Member-$10,000-$10,000
Rosemary GibsonPublic Member-$10,000-$10,000
Saurabh Malhotra Md Mph Facc FasnBoard Member-$10,000-$10,000
Tatjana Rundek Md PhdBoard Member-$10,000-$10,000
Walid Saliba Md FhrsBoard Member-$10,000-$10,000

Board Members and Trustees

NameTitle
Heather Gornik Md Rvt RpviBoard Member
Mylan Cohen Md Mph Facc MasncBoard Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Witt Consulting LLCClinical Reviews2934 LINWOOD AVE, Cincinnati, OH 45208$157,330
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$9,810,570
Investment Income
$-146,930
Other Revenue
$385,120
Change in Net Assets
$-2,123,187
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,407,574
Salaries, Compensation, and Employee Benefits$5,764,373
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,965,621$806,334-$4,771,955
All Other Expenses$895,661$333,425-$1,229,086
Occupancy$402,492$134,164-$536,656
Other Employee Benefits$411,979$83,768-$495,747
Conferences and Meetings$463,168--$463,168
Other Expenses$121,165$282,718-$403,883
Payroll Taxes$277,455$56,415-$333,870
Advertising$206,988$68,996-$275,984
Depreciation Depletion$119,497$51,213-$170,710
Pension Plan Contributions$135,292$27,509-$162,801
Insurance-$128,006-$128,006
Fees for Service Investment Mgmnt Fees-$62,712-$62,712
Fees for Services Legal$10,479$24,451-$34,930
Fees for Services Accounting$9,969$23,261-$33,230
Travel$1,187$2,770-$3,957
Office Expenses$2,243$960-$3,203
Total Functional Expenses$8,390,901$3,781,046$0$12,171,947
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Withholdings$-926
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 4

“The organization revised its bylaws.”

Form 990, Part VI, Section A, Line 7A

“The board of directors have the ability to appoint members of the governing body.”

Form 990, Part VI, Section B, Line 11B

“The 990 is reviewed by the accountant, ceo, and chief administration/finance officer. A copy of the final 990 is emailed to all board members before the 990 is filed.”

Form 990, Part VI, Section B, Line 12C

“The ceo and board monitors and enforces the conflict of interest policy.”

Form 990, Part VI, Section B, Line 15

“An independent consulting company was used for the purpose of determining the ceo salary increases and bonuses. The consulting firm uses a minimum of three reference services that provide benchmark data for nonprofit organizations based on organizational size, budget, and location. The consultant's report was reviewed by the chairperson during the ceo review process and the salary was reviewed and approved by the board of directors.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available upon request.”

Filing and Contact Details

Filer

Filer Name
Intersocietal Accreditation Commission
EIN
52-2003726
Phone
8008382110
Address
6021 UNIVERSITY BLVD 500, ELLICOTT CITY, MD 21043

Signing Officer

Name
Mary Lally
Title
CEO
Phone
8008382110
Signed
2024-10-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Lally
Formed
1996
Legal Domicile
Md
Voting Board Members
19
Independent Board Members
16
Employees
47
Volunteers
139

Preparer

Firm
Dembo Jones Pc
Address
8830 STANFORD BLVD SUITE 290, COLUMBIA, MD 21045
Preparer
Michael E Small CPA
Phone
4102900770
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Vigilant expense: program service expenses 229,263. Management and general expenses 0. Fundraising expenses 0. Total expenses 229,263. Exhibit expenses: program service expenses 146,674. Management and general expenses 48,891. Fundraising expenses 0. Total expenses 195,565. Site visit expense: program service expenses 136,141. Management and general expenses 0. Fundraising expenses 0. Total expenses 136,141. Board stipend: program service expenses 120,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 120,000. Printing: program service expenses 79,526. Management and general expenses 26,509. Fundraising expenses 0. Total expenses 106,035. Bank and bankcard fees: program service expenses 0. Management and general expenses 101,683. Fundraising expenses 0. Total expenses 101,683. Postage: program service expenses 56,353. Management and general expenses 18,977. Fundraising expenses 0. Total expenses 75,330. Record storage: program service expenses 36,538. Management and general expenses 15,659. Fundraising expenses 0. Total expenses 52,197. Telephone: program service expenses 27,324. Management and general expenses 11,710. Fundraising expenses 0. Total expenses 39,034. Computer services: program service expenses 0. Management and general expenses 30,429. Fundraising expenses 0. Total expenses 30,429. Webcast: program service expenses 19,020. Management and general expenses 6,340. Fundraising expenses 0. Total expenses 25,360. Research: program service expenses 23,537. Management and general expenses 0. Fundraising expenses 0. Total expenses 23,537. Website: program service expenses 0. Management and general expenses 19,205. Fundraising expenses 0. Total expenses 19,205. Volunteer appreciation: program service expenses 5,726. Management and general expenses 13,362. Fundraising expenses 0. Total expenses 19,088. Temporary services: program service expenses 5,100. Management and general expenses 11,901. Fundraising expenses 0. Total expenses 17,001. Contribution: program service expenses 0. Management and general expenses 12,297. Fundraising expenses 0. Total expenses 12,297. Miscellaneous: program service expenses 0. Management and general expenses 6,652. Fundraising expenses 0. Total expenses 6,652. Dues and subscriptions: program service expenses 1,956. Management and general expenses 4,564. Fundraising expenses 0. Total expenses 6,520. Office equipment leases: program service expenses 3,707. Management and general expenses 1,589. Fundraising expenses 0. Total expenses 5,296. Honorarium-webinar speakers: program service expenses 1,275. Management and general expenses 2,975. Fundraising expenses 0. Total expenses 4,250. Repairs and maintenance: program service expenses 1,914. Management and general expenses 638. Fundraising expenses 0. Total expenses 2,552. Contract services: program service expenses 1,475. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,475. Plaques and boxes: program service expenses 132. Management and general expenses 44. Fundraising expenses 0. Total expenses 176.”

Part XII Line 2C

“The organization did not make any changes regarding the oversight or selection process for the financial statement review.”

Financial Statement Notes

PART X, LINE 2:

“The organization follows the provisions of accounting for uncertainty in income taxes under the income taxes topic of the codification. The codification requires the evaluation of tax positions, which includes maintaining its tax-exempt status and the taxability of any unrelated business income, and does not allow recognition of tax positions which do not meet the "more-likely-than-not" threshold of being sustained by the applicable taxing authority. Management does not believe it has taken any tax positions that would not meet this threshold. The organization's income tax returns are subject to possible federal examination, generally for three years after they are filed. There are currently no audits for any tax periods in progess.”

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IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt9SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11CHAIR ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13IMMEDIATE PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR OF RESEARCH
IRS990/Form990PartVIISectionAGrp/TitleTxt21CHIEF INFORMATION OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt22CHIEF ADMINISTRATION/FINAN
IRS990/Form990PartVIISectionAGrp/TitleTxt23CHIEF OPERATING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR OF STRATEGIC BUSI
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IRS990/GrantToRelatedPersonInd00
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IRS990/GroupReturnForAffiliatesInd00
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IRS990/IndivRcvdGreaterThan100KCnt021
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IRS990/InfoInScheduleOPartIXInd0X
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IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0624
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt0624
IRS990/MissionDesc0THE INTERSOCIETAL ACCREDITATION COMMISSION (IAC) PROGRAMS ARE DEDICATED TO ENSURING QUALITY PATIENT CARE AND PROMOTING HEALTH CARE AND ARE ALL DEDICATED TO ONE MISSION: IMPROVING HEALTH CARE THROUGH ACCREDITATION.
IRS990/MoreThan5000KToIndividualsInd00
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IRS990/NondeductibleContributionsInd00
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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0960
IRS990/OfficeExpensesGrp/ProgramServicesAmt02243
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IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0411979
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IRS990/OtherExpensesGrp/Desc2COMPUTER HARDWARE
IRS990/OtherExpensesGrp/Desc3PROFESSIONAL SERVICES
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IRS990/PYOtherRevenueAmt0279267
IRS990/PYProgramServiceRevenueAmt09558162
IRS990/PYRevenuesLessExpensesAmt06956

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$26,553,624
Liabilities
$39,639
Net assets
$26,513,985
Revenue
$10,048,760
Expenses
$12,171,947
Net income
-$2,123,187
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.8$0.00$29.8$14.4$10.8$3.56
2023Detailed filing. Detailed filing data is available for this year.$26.6$0.04$26.5$10.0$12.2$2.12
2022Detailed filing. Detailed filing data is available for this year.$25.5$0.00$25.5$10.5$10.5$0.01
2021Detailed filing. Detailed filing data is available for this year.$28.3$0.01$28.3$12.4$10.3$2.08
2020Detailed filing. Detailed filing data is available for this year.$25.2$0.87$24.3$12.5$10.3$2.21
2019Detailed filing. Detailed filing data is available for this year.$22.2$0.21$22.0$10.9$9.62$1.31
2018Detailed filing. Detailed filing data is available for this year.$19.4$0.28$19.1$11.4$9.79$1.62
2017Detailed filing. Detailed filing data is available for this year.$18.7$0.37$18.3$12.0$9.79$2.21
2016Detailed filing. Detailed filing data is available for this year.$15.7$0.46$15.3$9.49$9.91$0.43
2015Detailed filing. Detailed filing data is available for this year.$15.7$0.53$15.2$9.60$9.14$0.46
2014Detailed filing. Detailed filing data is available for this year.$15.8$0.59$15.2$12.1$10.4$1.72
2013Detailed filing. Detailed filing data is available for this year.$14.1$0.64$13.4$8.29$8.22$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.6$0.69$12.9$8.65
2011Summary only. Only limited summary data is available for this year.$13.9$0.66$13.2$11.4$8.44$2.98
2010Summary only. Only limited summary data is available for this year.$11.0$0.73$10.2$7.59$6.07$1.52