A I P G Foundation Inc

Nonprofit profile at a glance

EIN
742137240
IRS 990-EZ coverage
2013–2024
Forms available
Form 990 2018, Form 990-EZ 2024
Location
Reno, NV, USA
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$16,284
Expenses
$2,433
Assets
$327,475

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

People named in this filing

  • KELVIN BUCHANAN (SECRETARY)
  • ROBERT K MERRILL (DIRECTOR)
  • JONATHAN PRICE (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization funds geologically oriented public information and education, research on public issues and to provide information on forums for geological professionals.

What it reported doing in 2024

The organization funds geological education, public health and safety related to geological issues, primarily through text books, videos and related medium.

Operating model

Revenue model
Investment-supported. 78% of the money available for current operations came from recurring investment income.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 44
  • Transparency & Controls: 82
  • Sustainability: 82
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 22%; rating input score 22
  • Program expense ratio: 82.2%; rating input score 82

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 85.1%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 134.6; rating input score 99; 99th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 21.6% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: 3% per year; rating input score 100; 64th percentile among comparable filings
  • Asset growth: 14.1% per year; rating input score 100; 80th percentile among comparable filings

Details

  • Where the money goes: 22% of revenue deployed · 82.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $2K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 10 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 22/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.