INSTITUTE OF ENVIRONMENTAL SCIENCES AND TECHNOLOGY

EIN: 362434643 501(c)(3)

SCHAUMBURG, IL

Total Revenue
$921,328
Total Expenses
$1,043,397
Total Assets
$1,007,429
Net Assets
$531,277
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1956
Legal Domicile
DE
Principal Officer
ANGELA MCKAY
Phone
8479810100
Tax Period
2024-07-01 to 2025-06-30

INSTITUTE OF ENVIRONMENTAL SCIENCES AND TECHNOLOGY, founded in 1956, is a small nonprofit that reported $921K in total revenue in fiscal year 2024. Expenses of $1.0M exceeded revenue, resulting in a 13% operating deficit.

Mission

FOUNDED IN 1953, IEST IS A 501(C)(3) INTERNATIONAL TECHNICAL SOCIETY WITH MEMBERS WHO ARE RECOGNIZED FOR THEIR CONTRIBUTIONS TO ENVIRONMENTAL SCIENCES IN CONTAMINATION CONTROL/CLEANROOMS, ENVIRONMENTAL TEST AND RELIABILITY, OR NANOTECHNOLOGY FACILITIES. IEST IS AN ANSI-ACCREDITED STANDARDS-DEVELOPING ORGANIZATION; SECRETARIAT OF ISO/TC 209; ADMINISTRATOR OF THE US TAG TO ISO/TC 209; AND A FOUNDING MEMBER OF THE US TAG TO ISO/TC 229 NANOTECHNOLOGIES. IEST'S VISION IS TO ADVANCE THE KNOWLEDGE OF THE ENVIRONMENTAL SCIENCES AND TECHNOLOGY COMMUNITY BY SHARING OUR RECOGNIZED GLOBAL EXPERTISE IN CLEANROOMS AND CONTROLLED ENVIRONMENTS. IEST'S MISSION IS TO GLOBALLY EXPAND AND COMMUNICATE THE KNOWLEDGE OF CONTAMINATION CONTROL, NANOTECHNOLOGY FACILITIES, ENVIRONMENTAL TEST, AND PRODUCT RELIABILITY. THIS IS ACCOMPLISHED THROUGH THE DEVELOPMENT OF RECOMMENDED PRACTICES AND STANDARDS BY A COMMUNITY DEDICATED TO PROFESSIONAL COLLABORATION, TRAINING, AND EDUCATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $63,137
Program Service Revenue $819,998
Investment Income $19,438
Other Revenue $18,755
TOTAL REVENUE $921,328

Expense Breakdown

Grants Paid $0
Salaries & Benefits $606,510
Fundraising Expenses $0
Program Expenses $793,479
Other Expenses $436,887
TOTAL EXPENSES $1,043,397

Year-over-Year Comparison

2024 2023 Change
Revenue $921,328 $888,990 +0.0%
Expenses $1,043,397 $1,030,262 +0.0%
Net Income $-122,069 $-141,272 -0.1%
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
10
Independent Members
10
Employees
6
Volunteers
500

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
11
$200,192
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JULIE S JENNINGS PRESIDENT 3.00
Officer Director
$0 $0 $0
MATT SMYERS PRESIDENT-ELECT 1.50
Officer Director
$0 $0 $0
BEN SHANK IMMEDIATE PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
TAGUHI ARAKELIAN EDUCATION VICE PRESIDENT 1.50
Officer Director
$0 $0 $0
DAVE NOBILE TECHNICAL VICE PRESIDENT 1.50
Officer Director
$0 $0 $0
JULIO E PULIDO EDUCATION VICE PRESIDENT 1.50
Officer Director
$0 $0 $0
KEVIN MCINTOSH TECHNICAL VICE PRESIDENT 1.50
Officer Director
$0 $0 $0
GREG HEILAND FISCAL VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JAMES N POLARINE MEMBERSHIP VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
HASIM SOLMAZ VICE PRESIDENT OF PLANNING 1.00
Officer Director
$0 $0 $0
ANGELA MCKAY EXECUTIVE DIRECTOR 40.00
Officer
$188,662 $11,530 $200,192
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 $921,328 $1,043,397 $1,007,429 $-122,069
2024 No data No data No data No data
2023 $1,001,145 $914,767 $1,177,163 $86,378
2022 $752,889 $794,269 $968,576 $-41,380
2021 $850,803 $702,499 $1,042,908 $148,304
2020 $808,215 $822,762 $1,028,136 $-14,547
2019 $974,517 $880,861 $862,253 $93,656
2018 $818,905 $839,464 $797,121 $-20,559
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