International Foundation of Microbiology
Nonprofit profile at a glance
- EIN
- 362654552
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024, Form 990-N 2023
- Location
- Glen Ellyn, IL, USA
- Phone
- 7732037928
- Rating
- 61
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Biological & Life Sciences
Reported finances
- Revenue
- $654,986
- Expenses
- $67,987
- Assets
- $599,627
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Fareed Haque (President)
Highest reported compensation
- Fareed Haque (President): $6,720 total reported compensation
- Tzu Tsen Wu (Board Member): $2,750 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
International Foundation of Microbiology will demonstrate and promote an understanding of the inherent connections between Arts, Music and Sciences through education, outreach, mentorship and financial grants.
What it reported doing in 2024
Expenses incurred to promote the connections between Arts, Music, and Sciences through educational programs, outreach, mentorship, and financial grants.
Operating model
- Revenue model
- Investment-supported. 97% of the money available for current operations came from recurring investment income.
- 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and a relatively small share of voting board members are independent.
Rating breakdown
- Financial Efficiency: 60
- Transparency & Controls: 90
- Accountability: 30
- Sustainability: 87
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 13%; rating input score 13
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 33.3%; rating input score 33; 10th percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 89.6%; rating input score 99; 99th percentile among comparable filings
- Total-asset coverage ratio: 8.82; rating input score 91; 91st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
- Officer compensation ratio: 13.9%; rating input score 25; 25th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 100% of revenue deployed · 13% of spending went to programs
- Governance: 1 of 3 board members independent · 2 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $9K in reported program spending
- Leadership: top reported pay $7K · 3 people listed
- Consistency: 19 of 19 current checks pass
- Schedules: 4 filed schedules
- Contacts: How to reach this organization
- Money network: 3 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 — Financial Efficiency: Program expense ratio scored 13/100.
- Moderate — Accountability: Independent voting board scored 33/100.
- High — Accountability: Governance controls: 5 of 7 not reported.
- High — Sustainability: Officer compensation ratio scored 25/100.