INTERNATIONAL SPACE UNIVERSITY ORG INC

EIN: 521511773 501(c)(3)

WEBSTER, MA

Total Revenue
$82,446
Total Expenses
$154,263
Total Assets
$175,380
Net Assets
$-24,755
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
MA
Principal Officer
Frank Diana
Phone
5087979034
Tax Period
2023-09-01 to 2024-08-31

INTERNATIONAL SPACE UNIVERSITY ORG INC, founded in 1987, is a micro nonprofit that reported $82K in total revenue in fiscal year 2023. Revenue surged 79% from the prior year, signaling strong growth momentum. Expenses of $154K exceeded revenue, resulting in a 87% operating deficit.

Mission

ISU Organization Inc. was incorporated to foster international higher education related to outer space for peaceful purposes.

Program Service Accomplishments

Program 1
Expenses: $35,227 Revenue: $0

Active organization of, or participation in, education workshops, symposia, conferences, and alumni networking opportunities intended to increase awareness of critical issues and developments in...

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Active organization of, or participation in, education workshops, symposia, conferences, and alumni networking opportunities intended to increase awareness of critical issues and developments in international and interdisciplinary space exploration and applications.

Program 2
Expenses: $67,048 Revenue: $25,000

Advanced postgraduate education in the space field through distribution of study findings, dissemination of program opportunities and active participation at gatherings where space education and...

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Advanced postgraduate education in the space field through distribution of study findings, dissemination of program opportunities and active participation at gatherings where space education and workforce development are discussed.

Program 3
Expenses: $1,201 Revenue: $0

Respond to public requests for information and analysis concerning evolving issues in the space sector both in the United States and before international organizations. Facilitated communication...

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Respond to public requests for information and analysis concerning evolving issues in the space sector both in the United States and before international organizations. Facilitated communication between experts and the general public on issues related to the uses of outer space. Provided support to bring space topics into the classroom through the professional development of educational and non-educational professionals.

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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 $50,343
Program Service Revenue $25,000
Investment Income $10
Other Revenue $7,093
TOTAL REVENUE $82,446

Expense Breakdown

Grants Paid $0
Salaries & Benefits $77,191
Fundraising Expenses $0
Program Expenses $103,476
Other Expenses $77,072
TOTAL EXPENSES $154,263

Year-over-Year Comparison

2023 2022 Change
Revenue $82,446 $46,074 +0.8%
Expenses $154,263 $132,207 +0.2%
Net Income $-71,817 $-86,133 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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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
3
Independent Members
N/A
Employees
1
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
0
$0
Total Directors
3
$0
Key Employees
1
$72,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ken Davidian Vice-President for North American Operations 30
Key Emp
$72,000 $0 $72,000
N/A Member of the Board of Trustees 0
Director
$0 $0 $0
N/A Member of the board of trustees 0
Director
$0 $0 $0
N/A Chairman of the Board of Trustees 0
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 $82,446 $154,263 $175,380 $-71,817
2023 $46,074 $132,207 $180,144 $-86,133
2022 $76,769 $85,138 $315,101 $-8,369
2021 $218,845 $212,497 $308,784 $6,348
2020 $197,813 $202,955 $196,779 $-5,142
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