Ischools INC FY2021 filing

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The Ischools organization is an international consortium of information schools in institutions of higher education dedicated to advancing the information field in the 21st century through the shared fundamental interest in the relationships between information, people, and technology.

501(c)(3) charity; gifts are tax-deductible.
69¢ of each $1 spent went to programs.
$60K 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

FY2021 · 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
4 of 5
filings with a surplus
Average surplus $59K a year · 17% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
69%
of spending
Fine: 69% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$60K
to officers and key staff · 19% of spending
Fine: pay to officers and key staff is 19% of spending; 15% to 20%.
Pt VII · Sec A
24 mo
of spending, in cash
Looks good: 24.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $5K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 13 voting members
Looks good: 12 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$423K
+55% vs prior year
Spent
$318K
To programs
69%
Net assets
$649K
By yearFY2020–FY2024
Revenue
$423K
FY2021▲ +55%
Tap a bar for its year
Revenue by fiscal year
FY2020$272K
FY2021$423K
FY2022$313K
FY2023$282K
FY2024$473K
Expenses
$318K
FY2021▲ +61%
Tap a bar for its year
Expenses by fiscal year
FY2020$197K
FY2021$318K
FY2022$253K
FY2023$327K
FY2024$371K
Net assets
$649K
FY2021▲ +19%
Tap a bar for its year
Net assets by fiscal year
FY2020$544K
FY2021$649K
FY2022$709K
FY2023$663K
FY2024$775K

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 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 Aug 2016.

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

Where the money goes

69 cents of each dollar spent went to programs.

Program services 69% · $218K Management & general 31% · $100K

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

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Who runs it and what they're paid

14 people listed on the 990; $60K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$60,000Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Wjatscheslaw Sterzer’s $89K as Exec Dir (fr is at the 77th percentile of top reported officer pay among 1613 $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

NameFY2024FY2023FY2022FY2021FY2020
Wjatscheslaw Sterzer$89,279————
Michael Seadle$15,000$55,000$55,000$60,000$60,000

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 Ischools INC executive salaries →

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 15aNo

Programs and updates

Connects universities to advance the study of information, people, and technology.

Questions for Ischools INC

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1 program · $218K · in their own filed words · FY2021
01

The ischools collaborate on goals such as 1) leading, promoting and shaping the academic field of information, 2)CREATING effective responses to strategic research and to leverage funding to advance academic opportunities in the field of information, 3) enabling members to share solutions, 4) providing perspectives on matters of policy…

$218Kprogram expense

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 · FY2024
Total grants receivedfrom 1 funder$5K
Grants paid · 5 grants · $39K · 2020–2024
Unitemized GrantFY2024$9,980
Unitemized GrantFY2024$3,500
Unitemized GrantFY2023$10,700
Unitemized GrantFY2022$9,537
Unitemized GrantFY2020$5,000

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$423K
Ln 12
Gifts and grantsLn 1h$318K
Fees for servicesLn 2g$105K
Investment incomeLn 3$86
Money outPt IX
$318K
Ln 25
Programscol B$218K
Managementcol C$100K
Owns and owesPt X
$649K
net assets · Ln 32
Cash and savingsLn 1–2$649K
Total assetsLn 16$649K
LiabilitiesLn 26$0
PeoplePt VI, VII
14
listed · VII A
PaidVII A1
Voting boardVI 1a13
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$318K
Fees for servicesLn 2g$105K
Investment incomeLn 3$86
Total revenueLn 12$423K
Assets in detailPt X, end of year
CashLn 1$398K
SavingsLn 2$251K
Cash and savings togetherLn 1–2$649K
Total assetsLn 16$649K
LiabilitiesLn 26$0
Net assetsLn 32$649K
OperationsPt I, VI
EmployeesI 50
VolunteersI 620
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3More from this return
Abroad and in kindSch F, M
Grants to other countriesSch F Pt II–III$7K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$544K$649K
Total assetsLn 16$544K$649K
LiabilitiesLn 26$0$0
Net assetsLn 32$544K$649K
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$2K$2K
Grants and assistance to foreign recipientsLn 3$7K$7K
Other fees for servicesLn 11g$284K$202K$81K
Office expensesLn 13$4K$4K
Information technologyLn 14$15K$15K
TravelLn 17$4K$4K
Other expenses (24a–d)Ln 24$2K$2K
Total functional expensesLn 25$318K$218K$100K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 17, 2025 $473K$371K$102K$775K 990 PDF
FY2023Filed with the IRS Apr 18, 2024 $282K$327K−$45K$663K 990 PDF
FY2022Filed with the IRS Mar 20, 2023 $313K$253K$59K$709K 990 PDF
FY2021 ViewingFiled with the IRS Mar 13, 2022 $423K$318K$105K$649K 990 PDF
FY2020Filed with the IRS May 10, 2021 $272K$197K$75K$544K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $423,073 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $259,278$318,078
I-9 Program service revenuePrior year $12,884$104,909
I-10 Investment incomePrior year $210$86
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $272,372$423,073
I-13 Grants and similar amounts paidPrior year $8,500$8,946
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $188,774$308,671
I-18 Total expensesPrior year $197,274$317,617
I-19 Revenue less expensesPrior year $75,098$105,456
Part VI · Governance 12 of 13 board members independent, 4 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members12
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $423,073 across 5 lines filed
VIII-1b Membership dues$318,078
VIII-1h Total contributions, gifts and grants$318,078
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $104,909$104,909
VIII-3 Investment incomeExcluded from tax $86$86
VIII-12 Total revenueRelated to mission $104,909 · Unrelated business $0 · Excluded from tax $86$423,073
Part IX · Statement of functional expenses $317,617 across 7 lines filed
IX-2 Grants to domestic individualsPrograms $1,500$1,500
IX-3 Grants and assistance to foreign recipientsPrograms $7,446$7,446
IX-11g Other fees for servicesPrograms $202,368 · Management $81,267$283,635
IX-13 Office expensesManagement $4,159$4,159
IX-14 Information technologyManagement $14,577$14,577
IX-17 TravelPrograms $4,500$4,500
IX-24 Other expenses (24a–d)Programs $1,800$1,800
IX-25 Total functional expensesPrograms $217,614 · Management $100,003 · Fundraising $0$317,617
Part X · Balance sheet $649,246 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $293,688$398,144
X-2 Savings and temporary cash investmentsStart of year $250,102$251,102
X-16 Total assetsStart of year $543,790$649,246
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $543,790$649,246
X-32 Total net assets or fund balancesStart of year $543,790$649,246
X-33 Total liabilities and net assetsStart of year $543,790$649,246
Part XI · Reconciliation of net assets $649,246 net assets at year end
XI-1 Total revenue$423,073
XI-2 Total expenses$317,617
XI-3 Revenue less expenses$105,456
XI-4 Net assets at start of year$543,790
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$649,246

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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