THE INTERNATIONAL SCIENCE FOUNDATION INC

EIN: 453344646 501(c)(3)

HAYWARD, WI

Total Revenue
$178,809
Total Expenses
$561,035
Total Assets
N/A
Net Assets
N/A
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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
2010
Legal Domicile
NV
Principal Officer
SUSAN SCHIROTT
Phone
7155882634
Tax Period
2019-01-01 to 2019-12-31

THE INTERNATIONAL SCIENCE FOUNDATION INC, founded in 2010, is a small nonprofit that reported $179K in total revenue in fiscal year 2019. Revenue fell 80% from the prior year — a significant decline worth monitoring. Expenses of $561K exceeded revenue, resulting in a 214% operating deficit.

Mission

THE INTERNATIONAL SCIENCE FOUNDATION WAS ESTABLISHED TO SUPPORT PROMISING NEW RESEARCH IN THE SCIENCES THAT PLACE A SPOTLIGHT ON INNOVATIVE IDEAS THAT HAVE MET INITIAL SCIENTIFIC INVESTIGATION, BUT LACKED RECOGNITION OR FUNDING TO CONDUCT DEFINITIVE EXPERIMENTATION AND ANALYSIS.

Program Service Accomplishments

Program 1
Expenses: $559,041 Revenue: $172,509

SAFIRE IS AN EXPERIMENT TO EXPLORE THREE DIMENSIONAL PLASMA BEHAVIOR AND COMPARE THE FINDINGS TO OBSERVE THE OUTER ATMOSPHERE PLASMA BEHAVIOR OF STARS USING LOW PRESSURE CHANGE UNDER VARYING DEGREES...

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SAFIRE IS AN EXPERIMENT TO EXPLORE THREE DIMENSIONAL PLASMA BEHAVIOR AND COMPARE THE FINDINGS TO OBSERVE THE OUTER ATMOSPHERE PLASMA BEHAVIOR OF STARS USING LOW PRESSURE CHANGE UNDER VARYING DEGREES AND CONFIGURATIONS OF ELECTRICAL STRESS. SPECIFIC MEASUREMENTS OF THE SAFIRE CHAMBER WILL BE CORRELATED WITH NASA MEASUREMENTS OF OUR SUN. EXAMINING THESE CORRELATIONS WILL HELP FURTHER DETERMINE THE ROLE OF PLASMA, ELECTRICITY AND MAGNETISM IN SOLAR PHYSICS. THE PROGRAM HAS TWO STEPS WITH STEP ONE BEING COMPLETED DURING 2014. STEP TWO WILL DESIGN, FABRICATE AND TEST SAFIRE KEY ATTRIBUTES USING SELECTED EXPERIMENTAL FACTORS.

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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 (2019)

Revenue Breakdown

Contributions & Grants $6,300
Program Service Revenue $0
Investment Income $-120,241
Other Revenue $292,750
TOTAL REVENUE $178,809

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $559,041
Other Expenses $561,035
TOTAL EXPENSES $561,035

Year-over-Year Comparison

2019 2018 Change
Revenue $178,809 $878,250 -0.8%
Expenses $561,035 $777,111 -0.3%
Net Income $-382,226 $101,139 -4.8%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
2
Independent Members
2
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
2
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GERALD POLLACK DIRECTOR 5.00
Director
$0 $0 $0
JAMES RYDER PRESIDENT 5.00
Officer
$0 $0 $0
SUSAN SCHIROTT SECRETARY - TREASURER 20.00
Officer
$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
2019 $178,809 $561,035 No data $-382,226
2018 $878,250 $777,111 $388,526 $101,139
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