INCE FOUNDATION INC

EIN: 141761628 501(c)(3) Philanthropy & Grantmaking

WAKEFIELD, MA

Total Revenue
$143,942
Total Expenses
$50,159
Total Assets
$760,181
Net Assets
$760,181
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
NY
Principal Officer
ROBERT J BERNHARD
Phone
5744857721
Tax Period
2025-01-01 to 2025-12-31

INCE FOUNDATION INC, founded in 1993, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $144K in total revenue in fiscal year 2025. Revenue surged 121% from the prior year, signaling strong growth momentum. The organization ran a surplus of $94K, a strong 65% operating margin.

Mission

TO SUPPORT, PROMOTE, AND ADVANCE SCIENTIFIC AND EDUCATIONAL ACTIVITIES DIRECTED TOWARD THE THEORY AND PRACTICE OF NOISE CONTROL ENGINEERING; TO AID IN THE PROGRESS AND DEVELOPMENT OF SAID FIELD AND RELATED ARTS AND SCIENCES; TO PROMOTE, FURTHER, AND SUPPORT SUCH SCIENTIFIC AND EDUCATIONAL ACTIVITIES THROUGH GRANTS, FUNDING, AND FINANCIAL ASSISTANCE TO VARIOUS INDIVIDUALS, EDUCATIONAL INSTITUTIONS, AND ORGANIZATIONS SUCH AS THE INSTITUTE OF NOISE CONTROL ENGINEERING OF THE UNITED STATES OF AMERICA, INCORPORATED; TO ACCEPT, HOLD, INVEST, REINVEST, AND ADMINISTER ANY GIFTS, BEQUESTS, DEVISES, BENEFITS OF TRUSTS AND PROPERTY OF ANY SORT WITHOUT LIMITATION AS TO THE AMOUNT OR VALUE, AND TO USE, DISBURSE, OR DONATE THE INCOME OR PRINCIPAL THEREOF FOR EXCLUSIVELY SCIENTIFIC AND EDUCATIONAL PURPOSES.

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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 (2025)

Revenue Breakdown

Contributions & Grants $11,200
Program Service Revenue $0
Investment Income $132,742
Other Revenue $0
TOTAL REVENUE $143,942

Expense Breakdown

Grants Paid $28,600
Salaries & Benefits $0
Fundraising Expenses $5,680
Program Expenses $42,917
Other Expenses $21,559
TOTAL EXPENSES $50,159

Year-over-Year Comparison

2025 2024 Change
Revenue $143,942 $65,261 +1.2%
Expenses $50,159 $52,638 0.0%
Net Income $93,783 $12,623 +6.4%
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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
11

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
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE MARSHALL PRESIDENT 5.00
Officer Director
$0 $0 $0
GORDON EBBITT VICE PRESIDENT - DEVELOPMENT 4.00
Officer Director
$0 $0 $0
ROBERT J BERNHARD TREASURER 10.00
Officer Director
$0 $0 $0
JAMES K THOMPSON SECRETARY 8.00
Officer Director
$0 $0 $0
ERIC W WOOD DIRECTOR 10.00
Director
$0 $0 $0
ROBERT D HELLWEG JR DIRECTOR 10.00
Director
$0 $0 $0
PATRICIA DAVIES DIRECTOR 7.00
Director
$0 $0 $0
PAUL R DONAVAN DIRECTOR 2.00
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
2025 $143,942 $50,159 $760,181 $93,783
2024 No data No data No data No data
2023 $61,019 $48,675 $653,775 $12,344
2022 $47,986 $36,170 $641,452 $11,816
2021 $60,441 $35,662 $629,636 $24,779
2020 $89,777 $38,911 $605,164 $50,866
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