John B Pierce Foundation FY2022 filing

Tax-deductible

New Haven, CT501(c)(3)EIN 13-1624063

Research, educational, technical or scientific work in the general fields of heating, ventilation and sanitation, for the increase of knowledge to the end that the general hygiene and comfort of human beings and their habitations may be advanced, and in general fields of public health and hygiene, physiology, psychophysics, energy utilization and conservation, environmental studies, ecology and related areas of knowledge. The john b. Pierce laboratory, INC. (also an organization exempt under section 501(c)(3)) was organized for the same educational and scientific purposes as those of the john b. Pierce foundation. The foundation is classified as a supporting organization under internal revenue code section 509(a)(3) and supports the scientific research of the john b. Pierce laboratory, INC.

501(c)(3) charity; gifts are tax-deductible.
74¢ of each $1 spent went to programs.
$42K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $747K a year · 114% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
74%
of spending
Fine: 74% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$42K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.1 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $1.8M
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$12K
0.07% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$842K
+12% vs prior year
Spent
$935K
To programs
74%
Net assets
$15.8M
By yearFY2020–FY2024
Revenue
$842K
FY2022▲ +12%
Revenue by fiscal year
FY2020$728K
FY2021$752K
FY2022$842K
FY2023$424K
FY2024$517K
Expenses
$935K
FY2022▲ +212%
Expenses by fiscal year
FY2020$285K
FY2021$299K
FY2022$935K
FY2023$2.3M
FY2024$3.1M
Net assets
$15.8M
FY2022▼ -16%
Net assets by fiscal year
FY2020$17.6M
FY2021$18.9M
FY2022$15.8M
FY2023$15.4M
FY2024$13.8M

From the FY2022 Form 990 · see the original

You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1951.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

74 cents of each dollar spent went to programs.

Program services 74% · $690K Management & general 26% · $245K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

6 people listed on the 990; $42K paid to officers and key staff.

Part VII, Section A · reportable compensation
President & Trustee
$13,932Pt VII · Sec A
Vice President & Trustee
$6,966Pt VII · Sec A
Vice President & Trustee
$6,966Pt VII · Sec A
Treasurer & Trustee
$6,966Pt VII · Sec A
Secretary & Trustee
$6,966Pt VII · Sec A
Director of the Lab
$0Pt VII · Sec A

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Margaret P Mason$13,932$13,932$13,932$11,030$6,966
Anthony Scillia$6,966$6,966$6,966$6,966$6,966
Kevin Myatt$6,966$6,966$6,966$6,966$6,966
Geoffrey Etherington$6,966$6,966$6,966$6,966$6,966
William Ginsberg$6,966$6,966$6,966$6,966$6,966
John Geibel———$3,483$6,966

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See John B Pierce Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Advances public health and comfort through research in heating, ventilation, sanitation, and related environmental fields.

Provided by the organization

This section is blank until John B Pierce Foundation claims this page.

Know this organization? Claim it to add your story

1 program service account for $690K of program spending, described in the organization's own filed words · FY2022.
01

To conduct basic research on the interactions between physiological systems and the stresses imposed by the modern environment with the goal of optimizing these interactions to improve human health and comfort. The john b. Pierce laboratory, inc.

$690Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2022
Total grants receivedfrom 1 funder$1.8M
Grants paid · 3 grants · $5.6M · 2022–2024
The John B Pierce Laboratory INCCT · FY2024$2,890,000
The John B Pierce Laboratory INCCT · FY2023$1,985,000

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$842K
Ln 12
Investment incomeLn 3$842K
Money outPt IX
$935K
Ln 25
Programscol B$690K
Managementcol C$245K
Owns and owesPt X
$15.8M
net assets · Ln 32
Cash and savingsLn 1–2$6K
Total assetsLn 16$15.8M
LiabilitiesLn 26$12K
PeoplePt VI, VII
6
listed · VII A
PaidVII A5
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$842K
Gains on assetsLn 7$796K
Total revenueLn 12$842K
Assets in detailPt X, end of year
SavingsLn 2$6K
Cash and savings togetherLn 1–2$6K
InvestmentsLn 11–13$15.8M
Total assetsLn 16$15.8M
LiabilitiesLn 26$12K
Net assetsLn 32$15.8M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$334$6K
InvestmentsLn 11–13$18.9M$15.8M
Total assetsLn 16$18.9M$15.8M
LiabilitiesLn 26$7K$12K
Net assetsLn 32$18.9M$15.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$690K$690K
Pay of current officers, directors and key staffLn 5$42K$42K
Other salaries and wagesLn 7$8K$8K
Accounting feesLn 11c$13K$13K
Investment management feesLn 11f$181K$181K
Other expenses (24a–d)Ln 24$2K$2K
Total functional expensesLn 25$935K$690K$245K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $517K$3.1M−$2.6M$13.8M 990 PDF
FY2023 $424K$2.3M−$1.9M$15.4M 990 PDF
FY2022 Viewing $842K$935K−$93K$15.8M 990 PDF
FY2021 $752K$299K$453K$18.9M 990 PDF
FY2020 $728K$285K$443K$17.6M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $842,119 across 3 lines filed
VIII-3 Investment incomeExcluded from tax $46,465$46,465
VIII-7 Net gain or loss on sales of assetsExcluded from tax $795,654$795,654
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $842,119$842,119
Part IX · Statement of functional expenses $934,702 across 6 lines filed
IX-1 Grants to domestic organizationsPrograms $689,626$689,626
IX-5 Pay of current officers, directors and key staffManagement $41,796$41,796
IX-7 Other salaries and wagesManagement $7,752$7,752
IX-11c Accounting feesManagement $12,775$12,775
IX-11f Investment management feesManagement $180,692$180,692
IX-24 Other expenses (24a–d)Management $2,061$2,061
IX-25 Total functional expensesPrograms $689,626 · Management $245,076 · Fundraising $0$934,702
Part X · Balance sheet $15,769,131 assets, 8 lines filed
X-2 Savings and temporary cash investmentsStart of year $334$5,966
X-12 Other securitiesStart of year $18,876,529$15,763,165
X-16 Total assetsStart of year $18,876,863$15,769,131
X-17 Accounts payable and accrued expensesStart of year $6,642$11,633
X-26 Total liabilitiesStart of year $6,642$11,633
X-27 Net assets without donor restrictionsStart of year $18,870,221$15,757,498
X-32 Total net assets or fund balancesStart of year $18,870,221$15,757,498
X-33 Total liabilities and net assetsStart of year $18,876,863$15,769,131
Part XI · Reconciliation of net assets $15,757,498 net assets at year end
XI-1 Total revenue$842,119
XI-2 Total expenses$934,702
XI-3 Revenue less expenses−$92,583
XI-4 Net assets at start of year$18,870,221
XI-5 Net unrealized gains (losses) on investments−$3,020,140
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$15,757,498

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.