Civic Intelligence

Association of Insolvency and Restructuring Advisors Fund for Education

EIN 77-0307023 • 501(c)3 • Medford, OR

Profile

To unite and support professionals providing business turnaround, restructuring and bankruptcy services.

1314 Center Drive Ste Unit B132Medford, OR 97501

www.aira.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

35th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

74th percentile

21%

Higher net margin than 74% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

74th percentile

17%

Faster asset growth than 74% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

45th percentile

3.7%

Faster revenue growth than 45% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$873,942

Up $128,425 (+17%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$873,942

Up $128,425 (+17%) from 2023

Revenue

Up

$449,966

Up $16,147 (+3.7%) from 2023

Expenses

Down

$355,782

Down $22,685 (-6.0%) from 2023

Net Income

Up

$94,184

Up $38,832 (+70%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2010: $39,740Liabilities 2010: $0Net Assets 2010: $39,7402010Assets 2011: $41,213Liabilities 2011: $0Net Assets 2011: $41,2132011Assets 2012: $45,009Liabilities 2012: $0Net Assets 2012: $45,0092012Assets 2013: $73,271Liabilities 2013: $0Net Assets 2013: $73,2712013Assets 2014: $78,072Liabilities 2014: $0Net Assets 2014: $78,0722014Assets 2015: $104,258Liabilities 2015: $0Net Assets 2015: $104,2582015Assets 2016: $126,172Liabilities 2016: $72,894Net Assets 2016: $53,2782016Assets 2017: $127,668Liabilities 2017: $77,692Net Assets 2017: $49,9762017Assets 2018: $174,226Liabilities 2018: $26,482Net Assets 2018: $147,7442018Assets 2019: $251,640Liabilities 2019: $9,658Net Assets 2019: $241,9822019Assets 2020: $478,195Liabilities 2020: $0Net Assets 2020: $478,1952020Assets 2021: $637,000Liabilities 2021: $0Net Assets 2021: $637,0002021Assets 2022: $635,402Liabilities 2022: $0Net Assets 2022: $635,4022022Assets 2023: $745,517Liabilities 2023: $0Net Assets 2023: $745,5172023Assets 2024: $873,942Liabilities 2024: $0Net Assets 2024: $873,9422024

Highlighted filing

2024

Assets$873,942
Liabilities$0
Net Assets$873,942

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2010: $411,543Expenses 2010: $409,985Net Income 2010: $1,5582010Revenue 2011: $445,936Expenses 2011: $444,463Net Income 2011: $1,4732011Revenue 2012: $478,930Expenses 2012: $475,134Net Income 2012: $3,7962012Revenue 2013: $497,828Expenses 2013: $469,566Net Income 2013: $28,2622013Revenue 2014: $423,706Expenses 2014: $418,905Net Income 2014: $4,8012014Revenue 2015: $460,591Expenses 2015: $407,606Net Income 2015: $52,9852015Revenue 2016: $404,329Expenses 2016: $455,308Net Income 2016: -$50,9792016Revenue 2017: $384,723Expenses 2017: $391,556Net Income 2017: -$6,8332017Revenue 2018: $446,063Expenses 2018: $341,419Net Income 2018: $104,6442018Revenue 2019: $430,173Expenses 2019: $353,458Net Income 2019: $76,7152019Revenue 2020: $325,038Expenses 2020: $101,721Net Income 2020: $223,3172020Revenue 2021: $284,857Expenses 2021: $154,708Net Income 2021: $130,1492021Revenue 2022: $402,065Expenses 2022: $317,356Net Income 2022: $84,7092022Revenue 2023: $433,819Expenses 2023: $378,467Net Income 2023: $55,3522023Revenue 2024: $449,966Expenses 2024: $355,782Net Income 2024: $94,1842024

Highlighted filing

2024

Revenue$449,966
Expenses$355,782
Net Income$94,184

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.74$0.00$8.74$4.50$3.56$0.94
2023Summary only. Only limited summary data is available for this year.$7.46$0.00$7.46$4.34$3.78$0.55
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.35$0.00$6.35$4.02$3.17$0.85
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.37$0.00$6.37$2.85$1.55$1.30
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.78$0.00$4.78$3.25$1.02$2.23
2019Summary only. Only limited summary data is available for this year.$2.52$0.10$2.42$4.30$3.53$0.77
2018Summary only. Only limited summary data is available for this year.$1.74$0.26$1.48$4.46$3.41$1.05
2017Summary only. Only limited summary data is available for this year.$1.28$0.78$0.50$3.85$3.92$0.07
2016Summary only. Only limited summary data is available for this year.$1.26$0.73$0.53$4.04$4.55$0.51
2015Summary only. Only limited summary data is available for this year.$1.04$0.00$1.04$4.61$4.08$0.53
2014Summary only. Only limited summary data is available for this year.$0.78$0.00$0.78$4.24$4.19$0.05
2013Summary only. Only limited summary data is available for this year.$0.73$0.00$0.73$4.98$4.70$0.28
2012Summary only. Only limited summary data is available for this year.$0.45$0.00$0.45$4.79$4.75$0.04
2011Summary only. Only limited summary data is available for this year.$0.41$0.00$0.41$4.46$4.44$0.01
2010Summary only. Only limited summary data is available for this year.$0.40$0.00$0.40$4.12$4.10$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 15, 2025
Return Version
2024v5.1
Gross Receipts
$449,966
Mission and Program Overview

Mission

To unite and support professionals providing business turnaround, restructuring and bankruptcy services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$745,517$873,942▲ $128,425
Savings and Temporary Cash Investments$178,379$577,981▲ $399,602
Cash and Non-Interest-Bearing Accounts$567,138$295,961▼ $271,177
Total Assets$745,517$873,942▲ $128,425
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$745,517$873,942▲ $128,425
Total Liabilities and Net Assets / Fund Balance$745,517$873,942▲ $128,425
Compensation and Service Providers

Board Members and Trustees

NameTitle
Denise LorenzoChairperson, Director
Boris SteffenPresident Elect, Director
Eric DannerPresident, Director
Jose Monge-robertinVice-president-puerto Rico Chapter
Andrew SilfenBoard of Directors
Angela ShortallBoard of Directors
Brian RynikerBoard of Directors
Charles CarrollBoard of Directors
David BartBoard of Directors
Eric KerwoodBoard of Directors
Evan HengelBoard of Directors
Ira HermanBoard of Directors
Jennifer MeyerowitzBoard of Directors
Karl KnechtelBoard of Directors
Katherine CataneseBoard of Directors
Kevin ClancyBoard of Directors
Kevin MccoyBoard of Directors
Leah EisenbergBoard of Directors
Mychal HarrisonBoard of Directors
Richard NewmanBoard of Directors
Richard WrightBoard of Directors
S Gregory HayesBoard of Directors
Scott WilliamsBoard of Directors
Stephen DarrBoard of Directors
Thomas JeremiassenBoard of Directors
David PayneDirector
James M LukendaExecutive Director
Kenneth EnosSecretary, Director
Robert SwartzTreasurer, Director
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$441,161
Investment Income
$8,805
Other Revenue
$0
Change in Net Assets
$94,184
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$355,782
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$44,934--$44,934
All Other Expenses$8,940--$8,940
Office Expenses-$2,353-$2,353
Total Functional Expenses$353,429$2,353$0$355,782
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
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 B, Line 12C

CONFLICTS OF INTEREST POLICY PROVIDES EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON a HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, b HAS READ AND UNDERSTANDS THE POLICY, c HAS AGREED TO COMPLY WITH THE POLICY, AND d UNDERSTANDS THAT THE ASSOCIATION IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES.

Form 990, Part VI, Section C, Line 19

THE ASSOCIATION MAKES ITS FORM 990 FILINGS AVAILABLE TO ANY PERSON OR ENTITY WHO REQUEST A COPY. ANY MEMBER OF THE ORGANIZATION, OR THE GENERAL PUBLIC, MAY MAKE SUCH A REQUEST OF THE ORGANIZATION, AND A COPY WILL BE MADE AVAILABE FOR THEIR INSPECTION. FORM 990 IS ALSO AVAILABLE ON THE CANDID/GUIDESTAR WEBSITE AT https//www.guidestar.org

Filing and Contact Details

Filer

Filer Name
Association of Insolvency and Restructuring Advisors Fund for Education
EIN
77-0307023
Phone
5418581665
Address
1314 CENTER DRIVE STE UNIT B132, MEDFORD, OR 97501

Signing Officer

Name
James M Lukenda
Title
Executive Director
Phone
5418581665
Signed
2025-06-15
Discuss with paid preparer
No

Organization Details

Principal Officer
James M Lukenda
Formed
1992
Legal Domicile
Va
Voting Board Members
29
Independent Board Members
29
Employees
0
Volunteers
160

Preparer

Firm
Ceres Consulting Company
Address
705 BARCLAY CIRCLE SUITE 130, ROCHESTER HILLS, MI 48307
Preparer
Kimberly a Kennedy
Phone
2484622626
Supplemental Narrative

Additional Explanations

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

A copy of this form 990 and attached schedules was circulated to board members, including the treasurer and the executive director, for their review and input prior to the filing of this return.

Raw XML AppendixShowing 400 of 600 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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