The Incentive Research Foundation
- Assets
- $939.2k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Mclean, VA
- Founding
- 12/2009
- Data as of
- 12/2021
- EIN
- 30-0496640
Organization Overview
The Incentive Research Foundation is located in Mclean, VA. The organization was established in 2009. According to its NTEE Classification (J05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Incentive Research Foundation 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, Incentive Research Foundation generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $1.0m during the year ending 12/2021. While expenses have increased by 9.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
RESEARCH AND EDUCATION TO ADVANCE THE SCIENCE, AWARENESS AND APPROPIATE APPLICATION OF INCENTIVE AND MOTIVATIONAL PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRODUCTION, DISTRIBUTION, DISCUSSIONS AND TEACHING OF THE PRODUCTIVITY MODEL FUNDED BY IRF TO AID THE DEVELOPMENT OF MOTIVATIONAL PROGRAMS TO ACHIEVE HIGHER PRODUCTIVITY.
FUNDING OF RESEARCH STUDIES TO ADVANCE THE SCIENCE AND ENHANCE THE AWARENESS AND APPLICATION OF MOTIVATION AND INCENTIVES IN BUSINESS AND THE INDUSTRY GLOBALLY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Kelley Chair | OfficerTrustee | 2 | $0 |
Mark Alt Chair Elect | OfficerTrustee | 1 | $0 |
Susan Adams Treasurer & | OfficerTrustee | 1 | $0 |
Sarah Haines Exec Comm At | OfficerTrustee | 1 | $0 |
Stephanie Harris President | Officer | 40 | $0 |
Kari Vrba Immediate Pa | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mciusa Management | 12/30/17 | $563,307 |
Intellective Group Research | 12/30/17 | $151,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,149,604 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $437,975 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,149,604 |
| Total Program Service Revenue | $95,500 |
| Investment income | $35,091 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$167,262 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,112,933 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $628,566 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,447 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $138,697 |
| Advertising and promotion | $0 |
| Office expenses | $9,576 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,977 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,005,704 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $285,045 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $25,500 |
| 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 | $695 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $607,917 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $20,000 |
| Other assets | $0 |
| Total assets | $939,157 |
| Accounts payable and accrued expenses | $52,167 |
| Grants payable | $0 |
| Deferred revenue | $130,585 |
| 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 | $182,752 |
| Net assets without donor restrictions | $756,405 |
| 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 | $939,157 |
Grants Awarded
Over the last fiscal year, The Incentive Research Foundation has awarded $36,825 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Evanston, IL PURPOSE: ACADEMIC RESEARCH | $30,000 |
UNIVERSITY OF CENTRAL FLORIDA PURPOSE: ACADEMIC RESEARCH | $6,825 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Partnership For Public Service Inc Washington, DC | $31,644,746 | $24,928,119 |
Economic Innovation Group Inc Washington, DC | $5,887,257 | $6,209,477 |
The Incentive Research Foundation Mclean, VA | $939,157 | $1,112,933 |
Justjobs Network Inc McLean, VA | $198,918 | $868,230 |
Employ America Washington, DC | $975,022 | $754,025 |
Latino Coalition Foundation Washington, DC | $544,473 | $585,923 |
Louisville Bar Center Inc Louisville, KY | $179,034 | $61,530 |
Quantum Leaps Inc Alexandria, VA | $49,691 | $0 |
Pyramid Foundation Inc Lexington, KY | $155,006 | $0 |
Enterprise Action Committee Arlington, VA | $2,541 | $0 |