The Institute for Industrial & Applied Life Scienc EIN 20-1215246

The Institute for Industrial & Applied Life Scienc

EIN  20-1215246 Public charity (501(c)(3)) Saint Joseph, MO Founded 2004
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Size
$100K–1M
What they do
Develops and promotes life sciences in the St. Joseph, MO area.
Leadership
Sara Hagen · $88K
Money in and out
$152K revenue, $300K expenses
Bottom line
18% program efficiency

Develops and promotes life sciences in the St. Joseph, MO area. For fiscal year 2025 it reported $152K in revenue, $300K in expenses, and $406K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$152K
Pt VIII · Ln 12
Total expenses
$300K
Pt IX · Ln 25
Net assets
$406K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$148K
Where spending went · Part IX cols B–D
Program services $0.18 Management & general $0.82
Program efficiency
18%
of spending reaches programs▼ -52% vs prior filing year
Operating runway
16.3mo
months of highly liquid reserves at operating expense rate▼ -6% vs prior filing year
Surplus margin
-97%
revenue over expenses, this year▼ -208% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$152K
FY2025▼ -46%
Expenses
$300K
FY2025▼ -19%
Total assets
$426K
FY2025▼ -25%
Total liabilities
$21K
FY2025▲ +17%
Total revenue
$152K
Pt VIII · Ln 12
Total expenses
$300K
Pt IX · Ln 25
Net assets
$406K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$148K
Total assetsPt X · Ln 16$426K
Program-expense ratioPt IX · col B18%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412
Mission & Programs · Part III

Where the work happens

2 program services account for $53K of program spending, described in the organization's own filed words · FY2025.
01

Life SCIENCES/ECONOMIC development-provide assistance, knowledge & resources to start-up and existing companies in the life science and animal health industry by supporting all related efforts with time, knowledge, physical resources and space. In 2025 there were 10 incubator clients and 1 virtual client.

$51Kprogram expense
02

Workforce development-improve the knowledge, understanding and training in the field of life sciences for the people in the region of ST. Joseph & kansas city. In 2025 there was 16 students in microrite course.

$2Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Institute for Industrial & Applied Life Scienc
EINHdr · item D20-1215246
Principal addressHdr · item CSaint Joseph, MO
WebsiteHdr · item Jwww.innovationstockyard.com
Year of formationHdr · item L2004
State of legal domicileHdr · item MMO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFMay 2005

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$87,680Pt VII · Sec A
Directorvice Chairman
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Directortreasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Directorchairman
$0Pt VII · Sec A

Sara Hagen’s $88K is at the 77th percentile of top reported officer pay among 1615 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2020
Ronan Molloy$201,318
Sara Hagen$87,680$86,255

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.

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Statement of Revenue

Part VIII
Program service revenue$115K · 76%
Investment income$22K · 14%
Contributions & grants$15K · 10%
Program service revenue76%$115K
Investment income14%$22K
Contributions & grants10%$15K
— government grantsLn 1e$10K
Total revenueLn 12$152K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.18 Management & general $0.82
Program services18%$53K
Management & general82%$247K
Total functional expensesLn 25$300K

Balance Sheet

Part X · end of year
CashLn 1$408K
Total assetsLn 16$426K
Total liabilitiesLn 26$21K
Total net assetsLn 32$406K
Months of cash on handcomputed16.3

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $408K · Operating expenses/yr $300K
16.3 months
Where the money goes
Program services
Program services $53K · Total expenses $300K
18%
Management & General
Management & general $247K · Total expenses $300K
82%
Fundraising
Fundraising $0 · Total expenses $300K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $28K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $15K · Total revenue $152K
10%
Government reliance
Government grants $10K · Total revenue $152K
7%
Earned-income share
Program service revenue $115K · Total revenue $152K
76%
Investment reliance
Investment income $22K · Total revenue $152K
+14%
Program self-sufficiency
Program service revenue $115K · Total expenses $300K
38%
Growth & trend
Revenue growth (YoY)
This year $152K · Prior year $281K
-46%
Revenue CAGR
FY2020 $433K · FY2025 $152K
-19%
Net-asset trend (YoY)
End of year $406K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $152K · Expenses $300K
-97%
Liabilities-to-Assets
Total liabilities — · Total assets $426K
Net-asset ratio
Net assets $406K · Total assets $426K
95%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $426K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Sara Hagen · Reported title — · Highest reported compensation $88K · Total expenses $300K
29%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $103K · Total expenses $300K
34%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 18%
Overhead ratio 82%
Revenue growth -46%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2021
Total grants receivedfrom 1 funder$23K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$152K revenue · viewing · ⤓ 990 PDF
FY2024$281K revenue · ⤓ 990 PDF
FY2023$434K revenue · ⤓ 990 PDF
FY2022$498K revenue · ⤓ 990 PDF
FY2021$432K revenue · ⤓ 990 PDF
FY2020$433K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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