INDUSTRY INITIATIVES FOR SCIENCE AND MATH EDUCATION

EIN: 770143865 501(c)(3) Education

SANTA CLARA, CA

Total Revenue
$1,183,013
Total Expenses
$1,293,661
Total Assets
$1,691,942
Net Assets
$1,534,518
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
CA
Principal Officer
Patrick Beatty
Phone
4085532267
Tax Period
2024-06-01 to 2025-05-31

INDUSTRY INITIATIVES FOR SCIENCE AND MATH EDUCATION, founded in 1985, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year.

Mission

To empower educators with industry connections so they can create cutting-edge curriculum that transforms their students career trajectories

Program Service Accomplishments

Program 1
Expenses: $412,841 Revenue: $0

In the fiscal year IISME Ignited awarded Fellowships to 12 teachers from 12 schools with 50% teaching in schools with disadvantaged students. Teachers enhanced STEM knowledge learned to align...

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In the fiscal year IISME Ignited awarded Fellowships to 12 teachers from 12 schools with 50% teaching in schools with disadvantaged students. Teachers enhanced STEM knowledge learned to align curriculum with workplace needs and improved teaching methods. They received $69,225 in stipends easing the impact of the high living costs in the region.

Program 2
Expenses: $379,742 Revenue: $0

Industry Experience Weeks Program - During this program teachers participate in immersive week-long job-shadows with a company or slate of organizations in a specific industry generating lesson plan...

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Industry Experience Weeks Program - During this program teachers participate in immersive week-long job-shadows with a company or slate of organizations in a specific industry generating lesson plan ideas and creating one curriculum plan. During the fiscal year 73 teachers participated in this program 60% of whom teach in schools with a high percentage of educationally disadvantaged students. In addition these teachers received $71,996 in stipends and grants. They increased their knowledge of STEM workplace cultures and career options and they increased their effectiveness in integrating 21st century skills as well as real-world industry and research examples in their teaching.

Program 3
Expenses: $362,047 Revenue: $0

Industry-Aligned STEM Program Models - New program models aim to train and support educators in teaching industry-specific sciences. Teachers are empowered with new enhanced knowledge confidence...

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Industry-Aligned STEM Program Models - New program models aim to train and support educators in teaching industry-specific sciences. Teachers are empowered with new enhanced knowledge confidence resources and peer-support to successfully increase student exposure to and interest in these fields. 58 teachers participated in activities in this fiscal year. In addition Teachers earned $3,230 in stipends and grants. Ignited is introducing newer models to address the changing needs of our corporate partners and educational communities.

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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 $820,743
Program Service Revenue $295,840
Investment Income $66,428
Other Revenue $2
TOTAL REVENUE $1,183,013

Expense Breakdown

Grants Paid $174,415
Salaries & Benefits $807,256
Fundraising Expenses $46,555
Program Expenses $1,154,630
Other Expenses $311,990
TOTAL EXPENSES $1,293,661

Year-over-Year Comparison

2024 2023 Change
Revenue $1,183,013 $1,309,113 -0.1%
Expenses $1,293,661 $1,148,527 +0.1%
Net Income $-110,648 $160,586 -1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
14
Volunteers
110

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
5
$0
Total Directors
13
$0
Key Employees
2
$314,811
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Emily Dilger Executive Director 40.00
Key Emp
$190,000 $9,345 $199,345
Keegan Evans Director 2.00
Director
$0 $0 $0
Patrick Beatty President - To 12312024 3.00
Officer Director
$0 $0 $0
Anne Hausler Secretary 4.00
Officer Director
$0 $0 $0
Karina Chavarria Director 2.00
Director
$0 $0 $0
Meghan Strazicich Director of 40.00
Key Emp
$106,700 $8,766 $115,466
Eric Hards President - From 01012025 3.00
Officer Director
$0 $0 $0
Todd Whitkemper Director 2.00
Director
$0 $0 $0
Jonathan Ho Treasurer 3.00
Officer Director
$0 $0 $0
Christine Moon Director 2.00
Director
$0 $0 $0
Cecilia Martinez Sandoval Director 2.00
Director
$0 $0 $0
Ronnie Versher Jr Director 2.00
Director
$0 $0 $0
Anissa Kalinowski Director 2.00
Director
$0 $0 $0
Shari Liss Vice-President 2.00
Officer Director
$0 $0 $0
Terrence Lim 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 $1,183,013 $1,293,661 $1,691,942 $-110,648
2024 $1,309,113 $1,148,527 $1,749,461 $160,586
2023 $1,556,593 $1,218,061 $1,460,267 $338,532
2022 $942,282 $1,216,282 $1,220,859 $-274,000
2021 $450,123 $1,162,562 $1,589,130 $-712,439
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