Ince Foundation Inc

Nonprofit profile at a glance

EIN
141761628
IRS 990 coverage
2020–2025
Forms available
Form 990 2025
Location
Wakefield, MA, USA
Phone
5744857721
Rating
84
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$143,942
Expenses
$50,159
Assets
$760,181
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • STEVE MARSHALL (PRESIDENT)
  • GORDON EBBITT (VICE PRESIDENT - DEVELOPMENT)

People named in this filing

  • STEVE MARSHALL (PRESIDENT)
  • GORDON EBBITT (VICE PRESIDENT - DEVELOPMENT)
  • ROBERT J BERNHARD (TREASURER)

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

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Ince foundation, inc. Funds awards for best student papers, travel awards, scholarships, and projects following review and recommendation by the institute of noise control engineering of the USA (ince-USA). The foundation co-sponsors workshops and symposia as follow-up to the 2010 national academy of engineering consensus report "technology for a quieter america".

What it reported doing in 2025

As part of its technology for a quieter america (tqa) program, the ince foundation funded: * a report was prepared and printed in 2025 for the 2024 two-day tqa virtual workshop "urban noise: impact and control."* the ince foundation co-sponsored a two-day in-person workshop "disruptive and blue-sky ideas for noise control." the workshop was hosted by the national academy of engineering on november 3-4, 2025. * copies of all previous tqa workshop reports are available on-line at no cost at https://www.inceusa.org/publications/technical-reports/.

Operating model

Revenue model
Investment-supported. 67% of the money available for current operations came from recurring investment income.
Distribution model
Grant intermediary. The nonprofit sent 67% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 94
  • Accountability: 64
  • Sustainability: 89
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 85.6%; rating input score 86
  • Fundraising efficiency: $1.97 raised per $1 spent on fundraising; rating input score 9; 9th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 81st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 65.2%; rating input score 95; 95th percentile among comparable filings
  • Total-asset coverage ratio: 15.16; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings

Growth

  • Program expense growth: 5.2% per year; rating input score 100; 52nd percentile among comparable filings
  • Revenue growth: 9.7% per year; rating input score 100; 68th percentile among comparable filings
  • Asset growth: 4% per year; rating input score 100; 40th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 85.6% of spending went to programs
  • Governance: 8 of 8 board members independent · 1 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $43K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 15 of 15 current checks pass
  • Schedules: 4 filed schedules · includes major donors and grants
  • Filing history: 5 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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 — Accountability: Governance controls: 5 of 6 not reported.
  • High — Financial Efficiency: Fundraising efficiency scored 9/100.