International Foundation for Science

StockholmUnknown exempt organization EIN 98-0031007Revenue $1.3M in FY2023

On file with the IRSifs.seKarlavgen 108 8th Floor · Stockholm

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See part III, line 1

88¢ of each $1 spent went to programs.
Run by 35 volunteers.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

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FY2023 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 4
filings with a surplus
Average deficit $127K a year · 5% of revenue · last 4 filings
Concern: a surplus in 1 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$13K
to officers and key staff · 0.7% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.3M
-62% vs prior year
Spent
$1.8M
To programs
88%
Net assets
$0
By yearFY2020–FY2023
Revenue
$1.3M
FY2023▼ -62%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.3M
FY2021$2.8M
FY2022$3.5M
FY2023$1.3M
Expenses
$1.8M
FY2023▼ -49%
Tap a bar for its year
Expenses by fiscal year
FY2020$3.3M
FY2021$2.7M
FY2022$3.6M
FY2023$1.8M
Net assets
$0
FY2023▼ -100%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.9M
FY2021$3.0M
FY2022$2.5M
FY2023$0

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023.

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

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $1.6M Management & general 8% · $146K Fundraising 4% · $65K

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

9 people listed on the 990; $13K paid to officers and key staff.

Part VII, Section A · reportable compensation
$12,831Pt VII · Sec A
$0Pt VII · Sec A
Trustee, Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2021FY2020
Nighisty Ghezae$12,831$117,533$127,767$137,725

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 International Foundation for Science executive salaries →

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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

International Foundation for Science is a nonprofit organization based in Stockholm, .

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Provided by the organization

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2 programs · $1.6M · in their own filed words · FY2023
01

Grantmaking

Ifs shall identify, through a careful selection process, promising young scientists from developing countries with potential to become future lead scientists and science leaders. They will receive support in their early careers to pursue high quality research in developing countries on problems relevant to the mission, which will help…

$1.5Mprogram expense
02

Capacity Enhancing Support

Workshops arranged by ifs and its collaborating partners are held to enhance support in research skills and key scientific issues. Researchers, technicians, institutional buyers, suppliers, and policy makers are brought together to exchange know-how on laboratory management and scientific equipment, and to discuss strategies for…

$66Kprogram expense

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$1.3M
Ln 12
Gifts and grantsLn 1h$1.1M
Investment incomeLn 3$177K
Other incomeLn 4–11$15K
Money outPt IX
$1.8M
Ln 25
Programscol B$1.6M
Managementcol C$146K
Fundraisingcol D$65K
Owns and owesPt X
$0
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$0
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.1M
Government grantsLn 1e$1.1M
Investment incomeLn 3$177K
Other incomeLn 4–11$15K
Gains on assetsLn 7$0
Total revenueLn 12$1.3M
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$0
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 50
VolunteersI 635
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$573K$0
InvestmentsLn 11–13$1.8M$0
Land, buildings, equipmentLn 10c$8K$0
Total assetsLn 16$3.2M$0
LiabilitiesLn 26$771K$0
Net assetsLn 32$2.5M$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$645K$645K
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$13K$5K$3K$5K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$435K$376K$44K$15K
Pension plan contributionsLn 8$102K$88K$10K$4K
Other employee benefitsLn 9$18K$15K$2K$789
Payroll taxesLn 10$113K$97K$12K$5K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$40K$40K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$21K$21K
Advertising and promotionLn 12$0
Office expensesLn 13$69K$60K$8K$466
Information technologyLn 14$61K$57K$3K$1K
RoyaltiesLn 15$0
OccupancyLn 16$204K$174K$21K$9K
TravelLn 17$29K$3K$1K$24K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$21$21
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$1K$972$118$51
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$64K$64K
Total functional expensesLn 25$1.8M$1.6M$146K$65K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest Viewing $1.3M$1.8M−$498K$0 990 PDF
FY2022 $3.5M$3.6M−$108K$2.5M 990 PDF
FY2021 $2.8M$2.7M$160K$3.0M 990 PDF
FY2020 $3.3M$3.3M−$61K$2.9M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants F · Foreign O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $1,319,363 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,334,751$1,127,570
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $117,186$177,143
I-11 Other revenuePrior year $16,970$14,650
I-12 Total revenuePrior year $3,468,907$1,319,363
I-13 Grants and similar amounts paidPrior year $1,942,317$644,573
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $960,521$681,646
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $673,881$491,259
I-18 Total expensesPrior year $3,576,719$1,817,478
I-19 Revenue less expensesPrior year −$107,812−$498,115
Part VI · Governance 8 of 8 board members independent, 4 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
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 $1,319,363 across 9 lines filed
VIII-1e Government grants$1,127,570
VIII-1h Total contributions, gifts and grants$1,127,570
VIII-3 Investment incomeExcluded from tax $177,143$177,143
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $14,650$14,650
VIII-12 Total revenueExcluded from tax $191,793$1,319,363
Part IX · Statement of functional expenses $1,817,478 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipientsPrograms $644,573$644,573
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $5,133 · Management $2,566 · Fundraising $5,132$12,831
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $376,044 · Management $43,783 · Fundraising $15,304$435,131
IX-8 Pension plan contributionsPrograms $88,448 · Management $10,341 · Fundraising $3,707$102,496
IX-9 Other employee benefitsPrograms $15,159 · Management $1,834 · Fundraising $789$17,782
IX-10 Payroll taxesPrograms $96,680 · Management $11,695 · Fundraising $5,031$113,406
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $39,882$39,882
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $20,640$20,640
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $60,294 · Management $8,193 · Fundraising $466$68,953
IX-14 Information technologyPrograms $57,104 · Management $2,906 · Fundraising $1,250$61,260
IX-15 Royalties$0
IX-16 OccupancyPrograms $173,698 · Management $21,012 · Fundraising $9,039$203,749
IX-17 TravelPrograms $3,124 · Management $1,464 · Fundraising $24,416$29,004
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsFundraising $21$21
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $972 · Management $118 · Fundraising $51$1,141
IX-23 InsuranceManagement $2,612$2,612
IX-24 Other expenses (24a–d)Programs $63,997$63,997
IX-25 Total functional expensesPrograms $1,605,866 · Management $146,406 · Fundraising $65,206$1,817,478
Part X · Balance sheet $0 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $573,003$0
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $740,243$0
X-4 Accounts receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $73,830$0
X-10c Land, buildings and equipment, netStart of year $7,922$0
X-11 Publicly traded securitiesStart of year $1,835,493$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $3,230,491$0
X-17 Accounts payable and accrued expensesStart of year $155,869$0
X-18 Grants payableStart of year $472,582$0
X-19 Deferred revenueStart of year $53,050$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $89,464$0
X-26 Total liabilitiesStart of year $770,965$0
X-27 Net assets without donor restrictionsStart of year −$314,899$0
X-28 Net assets with donor restrictionsStart of year $2,774,425$0
X-32 Total net assets or fund balancesStart of year $2,459,526$0
X-33 Total liabilities and net assetsStart of year $3,230,491$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$1,319,363
XI-2 Total expenses$1,817,478
XI-3 Revenue less expenses−$498,115
XI-4 Net assets at start of year$2,459,526
XI-9 Other changes in net assets−$1,961,411
XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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