Institute For Broadening Participation
- Assets
- $115.8k
- Revenue
- $202.3k
- Investments
- $0.0
- Employees
- 3
- Location
- Damariscotta, ME
- Founding
- 12/2005
- Data as of
- 12/2021
- EIN
- 20-1891162
Organization Overview
Institute For Broadening Participation is located in Damariscotta, ME. The organization was established in 2005. According to its NTEE Classification (U05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Science & Technology and related organizations. As of 12/2021, Institute For Broadening Participation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Broadening Participation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Institute For Broadening Participation generated $202.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (21.2%) each year. All expenses for the organization totaled $158.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (24.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
IBP STRIVES TO BROADEN PARTICIPATION AND INCREASE DIVERSITY IN EDUCATION AND RESEARCH IN SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AGEP ALLIANCES CONSIST OF INSTITUTIONS DEDICATED TO SUPPORTING UNDERREPRESENTED MINORITY STUDENTS, WOMEN, AND STUDENTS WITH DISABILITIES TO COMPLETE ADVANCED DEGREES IN THE STEM FIELDS. ALLIANCES PROVIDE A VARIETY OF SUPPORT PROGRAMS INCLUDING RESEARCH SUPPORT, PROFESSIONAL DEVELOPMENT AND MENTORING, AS WELL AS CULTURAL AND SOCIAL ACTIVITIES.
OTHER PROGRAMS: OTHER SIMILAR PROGRAMS AND GRANTS INCLUDING WEB DEVELOPMENT, CREST, AND VU SCI STEPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Siegfried Executive Director | Officer | 26 | $65,466 |
Timothy Turner Member | OfficerTrustee | 0 | $0 |
Beverly Karplus Hartline Member | OfficerTrustee | 0 | $0 |
Keivan Stassun Member | Trustee | 0 | $0 |
Tomalei Vess Treasurer | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $153,939 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,271 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $179,210 |
| Total Program Service Revenue | $0 |
| Investment income | $5 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $202,315 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $65,466 |
| Compensation of current officers, directors, key employees. | $13,159 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $53,033 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,983 |
| Payroll taxes | $9,193 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,786 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,277 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $522 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,349 |
| All other expenses | $0 |
| Total functional expenses | $158,608 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,358 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $26,425 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $115,783 |
| Accounts payable and accrued expenses | $11,267 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $11,267 |
| Net assets without donor restrictions | $104,516 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $115,783 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Institute For Broadening Participation has recieved totaling $32.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $32 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Institute For Broadening Participation Damariscotta, ME | $115,783 | $202,315 |
Internet Systems Consortium Inc Newmarket, NH | $1,401,718 | $346,096 |
Alex Tanous Foundation For Scientific Research Portland, ME | $493,622 | $64,535 |
Rvj Institute Inc Milford, NH | $6,369 | $6,989 |
Cidr Foundation Moultonborough, NH | $159,777 | $0 |