Internet2
Legal name: University Corporation for Advanced Internet Development
Nonprofit profile at a glance
- EIN
- 522060187
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Ann Arbor, MI, USA
- Phone
- 7349134250
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Computer Science
Reported finances
- Revenue
- $81,580,045
- Expenses
- $71,662,467
- Assets
- $160,093,596
- Liabilities
- $81,197,504
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
32 people listed
Executive titles in this filing
- Howard Pfeffer (President & CEO)
- Kevin Morooney (Vice President)
- Ana Hunsinger (Vice President)
- James Deaton (Vice President)
- Steven Zoppi (Associate Vice President)
- George Loftus (Associate Vice President)
Highest reported compensation
- Howard Pfeffer (President & CEO): $816,435 total reported compensation
- Kevin Morooney (Vice President): $440,953 total reported compensation
- Jeffrey Evans (CFO and Treasurer): $438,677 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Internet2 is an exceptional community of U.S. and international leaders in research, academia, industry and government who create and collaborate via innovative technologies—accelerating research discovery, advancing national and global education, and improving the delivery of public services. Internet2 offers a secure high-speed network, cloud solutions, services, events, and working groups to help your organization succeed. We help move scholars, scientists, and researchers into the future. Internet2 About Us Skip Our community includes higher education, research institutions, government entities, corporations, and cultural organizations. Internet2 is a non-profit organization governed by a Board of Trustees who represent our diverse membership. Through InCommon, Internet2 provides security, privacy, and IAM tools built for research and education: single sign-on (SSO), access to...
What it reported doing in 2024
Network Services is an advanced backbone network that connects regional network aggregation points to support the work of Internet2 Universities as they develop advanced internet applications. The Internet2 network is the nation's research and education network and provides state-of-the-art services that researchers use to accelerate the rate of their scientific work and discovery and to collaborate with colleagues and use digital assets and tools worldwide.
Operating model
- Revenue model
- Other-operating. 93% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 99% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 77
- Accountability: 96
- Sustainability: 61
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 81.7%; rating input score 82
- Program expense ratio: 92.2%; rating input score 92
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 94.1%; rating input score 94; 45th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 12.2%; rating input score 77; 77th percentile among comparable filings
- Total-asset coverage ratio: 2.23; rating input score 67; 67th percentile among comparable filings
- Liabilities to assets ratio: 0.51; rating input score 35; 35th percentile among comparable filings
- Officer compensation ratio: 6.2%; rating input score 10; 10th percentile among comparable filings
Growth
- Program expense growth: -0.2% per year; rating input score 0; 7th percentile among comparable filings
- Revenue growth: 3.5% per year; rating input score 100; 27th percentile among comparable filings
- Asset growth: 1.9% per year; rating input score 100; 14th percentile among comparable filings
Details
- What they do: 3 programs and campaigns described on the official site
- Where the money goes: 81.7% of revenue deployed · 92.2% of spending went to programs
- Governance: 16 of 17 board members independent · 9 of 9 filing controls reported
- Programs: 5 filed program accomplishments · $66M in reported program spending
- Leadership: top reported pay $816K · 32 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $6.2M reported
- Consistency: 37 of 37 current checks pass
- Schedules: 8 filed schedules · includes major donors, foreign activity, grants, and executive pay
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 20 filed money-flow records
- Related organizations: 12 filed related-organization links
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 10/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 35/100.