Institute Of Environmental Sciences And Technology
- Assets
- $968.6k
- Revenue
- $752.9k
- Investments
- $0.0
- Employees
- 6
- Location
- Schaumburg, IL
- Founding
- 12/1965
- Data as of
- 06/2022
- EIN
- 36-2434643
Organization Overview
Institute Of Environmental Sciences And Technology is located in Schaumburg, IL. The organization was established in 1965. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Institute Of Environmental Sciences And Technology employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute Of Environmental Sciences And Technology 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 06/2022, Institute Of Environmental Sciences And Technology generated $752.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $794.3k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.2%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
IEST IS THE LEADING TECHNICAL, NONPROFIT MEMBERSHIP ASSOCIATION THAT CONNECTS PROFESSIONALS WHO IMPACT CONTROLLED ENVIRONMENTS. WE PROVIDE TECHNICAL GUIDANCE THROUGH INTERNATIONAL STANDARDS, RECOMMENDED PRACTICES, AND EDUCATION PROGRAMS DEVELOPED BY EXPERTS IN THE FIELDS OF CONTAMINATION CONTROL, ENVIRONMENTAL TESTING, AND NANOTECHNOLOGY FACILITIES. OUR VISION IS TO ADVANCE THE KNOWLEDGE OF THE ENVIRONMENTAL SCIENCES AND TECHNOLOGY COMMUNITY BY SHARING OUR RECOGNIZED GLOBAL EXPERTISE IN MEASURED AND CONTROLLED ENVIRONMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL CONFERENCES AND COURSES - SHARING RECOGNIZED GLOBAL EXPERTISE IN THE FIELDS OF CONTAMINATION CONTROL, ENVIRONMENTAL TESTING, AND NANOTECHNOLOGY FACILITIES. THIS IS ACCOMPLISHED THROUGH TRAINING, CONFERENCES, RESOURCES AND PUBLICATIONS AND BY DEVELOPING AND DELIVERING CONTENT THAT IS HIGH QUALITY, TIMELY, AND RELEVANT TO MEMBERS AND OTHER INDUSTRY PROFESSIONALS AT ALL STAGES OF THEIR CAREERS.
JOURNAL OF ENVIRONMENTAL SCIENCES AND OTHER PUBLICATIONS - CIRCULATION OF JOURNAL AND OTHER PUBLICATIONS FACILITATES THE INFORMATION INTERCHANGE AND DISSEMINATION OF KNOWLEDGE.
TECHNICAL GUIDANCE - PUBLISH AND DISSEMINATE INTERNATIONAL STANDARDS, RECOMMENDED PRACTICES AND OTHER TECHNICAL INFORMATION. IEST IS AN ANSI-ACCREDITED STANDARDS-DEVELOPING ORGANIZATION; SECRETARIAT OF INTERNATIONAL STANDARDS ORGANIZATION (ISO)/TC 209 - CLEANROOMS AND ASSOCIATED CONTROLLED ENVIRONMENTS; ADMINISTRATOR OF THE ANSI-ACCREDITED US TECHNICAL ADVISORY GROUP (TAG) TO ISO/TC 209; AND A FOUNDING MEMBER OF THE ANSI-ACCREDITED US TAG TO ISO/TC 229 -NANOTECHNOLOGIES.
MEMBER SERVICES - CONNECTS PROFESSIONALS WHO DEAL WITH CONTROLLED ENVIRONMENTS THROUGH INITIATIVES SUCH AS WORKING GROUPS, COMMITTEES AND THE NETWORK AND WEBSITE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicholus R Clinkinbeard Immediate Past President | OfficerTrustee | 1 | $4,875 |
Dr Jennifer Galvin Pesident | OfficerTrustee | 1.5 | $0 |
Morgan Polen Education Vice President | OfficerTrustee | 1 | $8,625 |
Julie S Jennings Education Vice President | OfficerTrustee | 1 | $2,250 |
Greg Heiland Fiscal Vice President | OfficerTrustee | 1 | $0 |
Christopher S Parsons Membership Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $69,285 |
| All other contributions, gifts, grants, and similar amounts not included above | $26,135 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $95,420 |
| Total Program Service Revenue | $633,022 |
| Investment income | $1,943 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $22,452 |
| 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 | $752,889 |
| 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. | $208,546 |
| Compensation of current officers, directors, key employees. | $68,944 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $262,533 |
| Pension plan accruals and contributions | $9,846 |
| Other employee benefits | $1,719 |
| Payroll taxes | $31,043 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,141 |
| Fees for services: Accounting | $28,812 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $75,154 |
| Advertising and promotion | $0 |
| Office expenses | $26,807 |
| Information technology | $40,174 |
| Royalties | $0 |
| Occupancy | $56,788 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,080 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,981 |
| Insurance | $11,471 |
| All other expenses | $0 |
| Total functional expenses | $794,269 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $577,726 |
| Savings and temporary cash investments | $304,951 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $45,441 |
| 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 | $25,848 |
| Net Land, buildings, and equipment | $4,610 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,000 |
| Total assets | $968,576 |
| Accounts payable and accrued expenses | $96,551 |
| Grants payable | $0 |
| Deferred revenue | $102,679 |
| 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 | $19,166 |
| Total liabilities | $218,396 |
| Net assets without donor restrictions | $743,124 |
| Net assets with donor restrictions | $7,056 |
| 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 | $968,576 |