Financials & Ethics
At IREX, transparency, accountability, and ethical practice are foundational to our mission and our long‑term impact. We are committed to responsible financial stewardship and the highest standards of integrity, ensuring our resources are managed carefully, our decisions are guided by strong governance, and our work earns the trust of partners, funders, and the communities we serve.
On this page:
Functional expenses, fiscal year 2024

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Financial statements
Financial statements and reports of independent certified public accountants:
Form 990
Our commitment to ethics
IREX is committed to the highest standards of legal compliance, ethics, and transparency.
All IREX personnel are expected to act as responsible stewards of the funds entrusted to us. Current and former IREX employees are encouraged to disclose any information they become aware of, whether confidential or not, through our internal reporting procedures, third-party fraud hotline service, or to an appropriate public official, if they are under the reasonable belief that the disclosure is required, authorized, or protected by law or IREX policies, is in response to a government request or investigation, or is a good faith exercise of whistleblower or similar rights.
No current or former IREX employee will be subject to discrimination, retaliation, or reprisal of any kind for reporting or disclosing to any government official information that the employee reasonably believes is evidence, in relation to a federal grant or contract, of a false claim, gross mismanagement, abuse of authority, gross waste of funds, substantial and specific danger to public health or safety, or a violation of law, rule or regulation. Employees who believe they have been subject to discrimination, retaliation or reprisal for such reports or disclosures may submit a complaint to the Inspector General of the donor agency in accordance with 41 U.S.C. § 4712.
U.S. General Services
IREX is on the U.S. General Services Administration’s Schedule:
GSA Special Item Number 541611: Management and Financial Consulting, Acquisition and Grants Management Support, and Business Program and Project Management Services
U.S. federal partners can purchase IREX’s services directly through the eBuy portal. Our contract is in the GSA Library and on GSA Advantage. Please search for our legal name, "International Research and Exchanges Board," or our GSA contract number, 47QRAA19D002Y.