Institute for Molecular Manufacturing

Nonprofit profile at a glance

EIN
770277990
IRS 990-EZ coverage
2014–2024
Forms available
Form 990-EZ 2024
Location
Palo Alto, CA, USA
Phone
6509171120
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$2,429
Expenses
$2,805
Assets
$9,465

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

Leadership & pay

4 people listed

People named in this filing

  • Neil Jacobstein (Chairman/Pres)
  • James Bennett (Director)
  • Sam Perry (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 Institute for Molecular Manufacturing contributes to the advancement of molecular manufacturing by presenting at meetings, seminars, and conferences

What it reported doing in 2024

Neil Jacobstein, Lecture to Large Power Producers on AI and Atomically Precise Manufacturing. New Orleans Jan 2024. Neil Jacobstein, Lecture to Medical Consortium on AI and Atomically Precise Manufacturing. March 2024. Neil Jacobstein, Lecture to International Journalists at Queen Elizabeth Conference Center London on AI and Atomically Precise Manufacturing. April 2024. Neil Jacobstein, Lecture to University of Otago Business School on AI and Atomically Precise Manufacturing. Zoom. June 2024.Robert A. Freitas Jr., Comprehensive Nanorobotic Cure for Male Erectile Dysfunction, IMM Report 55, November 2024; http://www.imm.org/Reports/rep055.pdfRobert A. Freitas Jr., How Much Nanomachinery Can We Have on Earth?, IMM Report 54, July 2024; http://www.imm.org/Reports/rep054.pdfRobert A. Freitas Jr., Cell Mills: Nanofactory Manufacture of Biological Components, IMM Report 53, June 2024; http://www.imm.org/Reports/rep053.pdfRobert A. Freitas Jr., Hairbots: The Future of Nanorobotic Coiffure, IMM Report 52, April 2024; http://www.imm.org/Reports/rep052.pdfRobert A. Freitas Jr., Safe Bloodstream Concentration Limits for Microscale Nanorobots, Precision Nanomed., 2025;8(1):1454-63; https://precisionnanomedicine.com/article/132323-safe-bloodstream-concentration-limits-for-microscale-nanorobots.J. Storrs Hall PhD, Published, Nanotechnology: A Primer for Policymakers. May 2024; https://abundance.institute/articles/nanotechnology-a-primer-for-policymakers.Tad Hogg, Contributed to Foresight Institutes, Molecular Systems Engineering Platform Workshop, & Nanomachines Design Workshop, October 4-6, 2024.Tad Hogg, Contributed to Foresight Institutes monthly, Molecular Systems Engineering Webinar.Ted Kaehler, Participated in a series of weekly meetings of Jeremy Bartons, NanoDynamics Institute to gather data for a Systems Analysis of the probability of success of various paths to create atomically precise manufacturing.Ted Kaehler, Contributed to Foresight Institutes, Molecular Systems Engineering Platform Workshop, & Nanomachines Design Workshop, October 4-6, 2024.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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

SUPPORTED - 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 revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 82
  • Sustainability: 41
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 87.3%; rating input score 87
  • Program expense ratio: 75.6%; rating input score 76

Transparency & Controls

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

Sustainability

  • Operating margin: -15.5%; rating input score 26; 26th percentile among comparable filings
  • Total-asset coverage ratio: 3.37; rating input score 77; 77th 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: -2.1% per year; rating input score 0; 42nd percentile among comparable filings
  • Revenue growth: -2.5% per year; rating input score 0; 42nd percentile among comparable filings
  • Asset growth: -1.1% per year; rating input score 0; 34th percentile among comparable filings

Details

  • Where the money goes: 87.3% of revenue deployed · 75.6% 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: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 11 filing years from 2014 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 — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 26/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.