INTERACADEMY PARTNERSHIP INC

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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

2016

Legal Domicile

Principal Officer

MARGARET PEGGY HAMBURG

Phone

2023342238

Tax Period

2023-01-01 to 2023-12-31

INTERACADEMY PARTNERSHIP INC, founded in 2016, is a small nonprofit in the Science & Technology sector that reported $112K in total revenue in fiscal year 2023. Revenue fell 94% from the prior year — a significant decline worth monitoring. Expenses of $686K exceeded revenue, resulting in a 511% operating deficit.

Mission

OUR MISSION IS TO CONVENE AND EMPOWER THE WORLD'S ACADEMIES OF SCIENCE, ENGINEERING, AND MEDICINE TO WORK COLLABORATIVELY TO ADDRESS ISSUES OF GLOBAL, REGIONAL, AND NATIONAL IMPORTANCE.

Program Service Accomplishments

Program 1

Expenses: $415,495

IAP WORKS TO SUPPORT THE SPECIAL ROLE OF SCIENCE AND ITS EFFORTS TO SEEK SOLUTIONS TO ADDRESS THE WORLD'S MOST CHALLENGING PROBLEMS. IAP HARNESSES THE EXPERTISE OF THE WORLD'S SCIENTIFIC, MEDICAL AND ENGINEERING LEADERS TO ADVANCE SOUND POLICIES, IMPROVE PUBLIC HEALTH, PROMOTE EXCELLENCE IN SCIENCE EDUCATION, AND ACHIEVE OTHER CRITICAL DEVELOPMENT GOALS.THE "DECARBONIZATION OF TRANSPORT IN AFTICA" PROJECT STARTED IN JUNE 2022 SUPPORTED BY THE CLIMATEWORKS FOUNDATION.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $112,011

Program Service Revenue $0

Investment Income $344

Other Revenue $0

TOTAL REVENUE $112,355

Expense Breakdown

Grants Paid $111,831

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $415,495

Other Expenses $574,141

TOTAL EXPENSES $685,972

Year-over-Year Comparison

	2023	2022	Change
Revenue	$112,355	$1,810,122	-0.9%
Expenses	$685,972	$709,547	0.0%
Net Income	$-573,617	$1,100,575	-1.5%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$159,844

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PEGGY HAMBURG	BOARD MEMBER & CO-PRESIDENT	1.00	Officer Director	$0	$0	$0
MASRESHA FETENE	BOARD MEMBER & CO-PRESIDENT	1.00	Officer Director	$0	$0	$0
STEPHANIE BURTON	BOARD MEMBER	1.00	Director	$0	$0	$0
ASMA ISMAIL	BOARD MEMBER	1.00	Director	$0	$0	$0
DIANE NEGRA	BOARD MEMBER	1.00	Director	$0	$0	$0
GIANFRANCO PACCHIONI	BOARD MEMBER	1.00	Director	$0	$0	$0
DR OURANIA KOSTI	EXECUTIVE DIRECTOR	30.00	Officer	$159,844	$0	$159,844
CHERRY MURRAY	TREASURER	1.00	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
2024	No data	No data	No data	No data
2023	$112,355	$685,972	$969,669	$-573,617
2022	$1,810,122	$709,547	$1,647,232	$1,100,575
2020	$847,022	$198,660	$762,374	$648,362
2018	$1,243,394	$746,961	$559,777	$496,433