Institute for Applied Science

Nonprofit profile at a glance

EIN
522086045
IRS 990-EZ coverage
2020–2025
Forms available
Form 990 2014, Form 990-EZ 2025, Form 990-N 2015
Location
Alexandria, VA, USA
Phone
7036510688
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
International Development

Official website

Reported finances

Revenue
$38,845
Expenses
$29,803
Assets
$324,396
Liabilities
$87,638

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

Leadership & pay

4 people listed

People named in this filing

  • John Wood (Chairman)
  • Derek Robinson (Finance Director)
  • William Wood (Program 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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote international science for peace through dialogue & international r&d collaboration projects

What it reported doing in 2025

INTERNATIONAL OCEAN SCIENCE R&D ON MACRO-ALGAE CULTIVATION & PRODUCTION Seaweed is a valuable international ocean macro-algae resource. Seaweeds absorb up to five times the amount of carbon as land-based plants. There are over 10,000 species of seaweeds worldwide, divided into three classifications: Pharophyta (brown seaweeds); Rhodophyta (red seaweeds); Chlorophyta (green seaweeds). None of the seaweed macro-algae are toxic, and all are a rich source of healthy dietary minerals and salts, including: Calcium; Iodine; Iron; and Potassium. Seaweed is also highly sustainable in comparison to other crops and contributes to carbon sequestration. Ocean Science R&D project covers: Mapping Intertidal Macro-Algae Resources; Development of genomic tools for seaweed /7 measurement of genetic variations; Seaweed Cultivation R&D; Sustainable Harvesting; Innovative Seaweed Production R&D; Carbon Sequestration Research; Commercialization Support.

Operating model

Revenue model
Earned-program. 65% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 100
  • Sustainability: 64
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.7%; rating input score 77
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 23.3%; rating input score 75; 75th percentile among comparable filings
  • Total-asset coverage ratio: 10.88; rating input score 92; 92nd percentile among comparable filings
  • Liabilities to assets ratio: 0.27; rating input score 10; 10th percentile among comparable filings
  • Officer compensation ratio: 40.3%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: -34.9% per year; rating input score 0; 12th percentile among comparable filings
  • Revenue growth: 7.2% per year; rating input score 100; 75th percentile among comparable filings
  • Asset growth: 12.8% per year; rating input score 100; 76th percentile among comparable filings

Details

  • Where the money goes: 76.7% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $30K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.
  • High — Sustainability: Liabilities to assets ratio scored 10/100.