FRIENDS OF IHES INC

EIN: 134065148 501(c)(3) Education

New York, NY

Total Revenue
$13,445,983
Total Expenses
$368,712
Total Assets
$18,177,506
Net Assets
$18,109,657
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
NY
Principal Officer
MARILYN SIMONS
Phone
2123354547
Tax Period
2023-01-01 to 2023-12-31

FRIENDS OF IHES INC, founded in 1999, is a mid-sized nonprofit in the Education sector that reported $13.4M in total revenue in fiscal year 2023. Revenue surged 249% from the prior year, signaling strong growth momentum. The organization ran a surplus of $13.1M, a strong 97% operating margin.

Mission

TO PROMOTE APPRECIATION AND UNDERSTANDING IN THE US OF FRENCH SCIENCE AND CULTURE, TO FURTHER ADVANCEMENT OF RESEARCH, AND NURTURE EXCHANGES ON MATHEMATICS, PHYSICS AND THEORETICAL SCIENCES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $13,243,636
Program Service Revenue $0
Investment Income $202,347
Other Revenue $0
TOTAL REVENUE $13,445,983

Expense Breakdown

Grants Paid $231,860
Salaries & Benefits $0
Fundraising Expenses $70,267
Program Expenses $270,451
Other Expenses $84,352
TOTAL EXPENSES $368,712

Year-over-Year Comparison

2023 2022 Change
Revenue $13,445,983 $3,849,777 +2.5%
Expenses $368,712 $318,397 +0.2%
Net Income $13,077,271 $3,531,380 +2.7%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL DOUGLAS DIRECTOR 0.50
Director
$0 $0 $0
ALEXANDRA LAUVAUX SECRETARY 1.00
Officer Director
$0 $0 $0
SERGIU KLAINERMAN DIRECTOR 0.50
Director
$0 $0 $0
MARK HOWARD TREASURER 1.00
Officer Director
$0 $0 $0
DELARAM KAHROBAEI DIRECTOR 0.50
Director
$0 $0 $0
RAPHAEL DOUADY DIRECTOR 0.50
Director
$0 $0 $0
MONIQUE MILLER DIRECTOR 0.50
Director
$0 $0 $0
NIKITA NEKRASOV DIRECTOR 0.50
Director
$0 $0 $0
EMMANUEL ULLMO DIRECTOR 2.00
Director
$0 $0 $0
DANIEL TOTOUOM-TANGHO DIRECTOR 0.50
Director
$0 $0 $0
KEITH HILLES-PILANT DIRECTOR 0.50
Director
$0 $0 $0
JAMES SIMONS DIRECTOR, CO CHAIR 0.50
Officer Director
$0 $0 $0
MARILYN SIMONS DIRECTOR, CO CHAIR 0.50
Officer Director
$0 $0 $0
BENJAMIN SERVENAY DIRECTOR 0.50
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $13,445,983 $368,712 $18,177,506 $13,077,271
2022 $3,849,777 $318,397 $4,695,808 $3,531,380
2021 $864,872 $380,526 $1,179,604 $484,346
2020 $227,948 $352,842 $662,574 $-124,894
2019 $783,443 $464,835 $802,924 $318,608
2018 $689,799 $603,051 $473,165 $86,748
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