Vishwamitra Research Institute
- Assets
- $4.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Crystal Lake, IL
- Founding
- 12/2005
- EIN
- 37-1490397
Organization Overview
Vishwamitra Research Institute is located in Crystal Lake, IL. The organization was established in 2005. According to its NTEE Classification (U41) the organization is classified as: Computer Science, under the broad grouping of Science & Technology and related organizations. As of 12/2016, Vishwamitra Research Institute employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vishwamitra Research Institute 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 undefined, Vishwamitra Research Institute generated $111.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $101.8k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (9.8%) per year over the past 5 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
Describe the Organization's Mission:
Part 3 - Line 1
THE INSTITUTE WORKS WITH UNIVERSITIES, INDUSTRIES, AND NATIONAL LABORATORIES TO ADDRESS PROBLEMS RELATED TO RESPECTIVE DISCIPLINES. THE MAIN FOCUS OF THE INSTITUTE IS TO RESEARCH AND DEVELOP IN AREAS OF MATHEMATICAL MODELING, OPTIMIZATION, UNCERTAINTY AND RISK ANALYSIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NETL POWER PLANT PROJECT - RESPONSIBLE FOR DEVELOPING MULTI-AGENT OPTIMIZATION ALGORITHMIC FRAMEWORK FOR THIS WORK
NATIONAL SCIENCE FOUNDATION PROJECT - OPTIMIZING SPATIO-TEMPORAL SENSOR PLACEMENT FOR NUTRIENT MONITORING
NATIONAL SCIENCE FOUNDATION PROJECT - TRANS-ATLANTIC RESEARCH AND DEVELPMENT INTERCHANGE ON SUSTAINABILITY
IN PROVIDING RESEARCH AND DEVELOPMENT IN THE AREAS OF MATHMATICAL MODELING, OPTIMIZATION, UNCERTAINTY AND RISK ANALYSIS, EXPENDITURES ARE REQUIRED INCLUDING THE USE OF COMPUTER EQUIPMENT AND ACCOUNTING SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Urmila Diwekar President | OfficerTrustee | 40 | $87,500 |
Dr Sanjay Joag Secretary&tr | OfficerTrustee | 1 | $0 |
Dr Ravi Vaidya Vice Preside | OfficerTrustee | 1 | $0 |
Dr James Risbey Director | Trustee | 1 | $0 |
Dr Ranga Pitchumani Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $111,608 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $28 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $111,636 |
| Statement of Expenses | |
|---|---|
| Total expenses | $101,801 |
| Balance Sheet | |
|---|---|
| Total assets | $4,267 |
| Total liabilities | $12,820 |
| Net assets or fund balances | -$8,553 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Vishwamitra Research Institute has recieved totaling $63,822.
| Awarding Organization | Amount |
|---|---|
West Virginia University Research Corporation Morgantown, WV PURPOSE: RESEARCH | $63,822 |
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Lumity Chicago, IL | $1,180,986 | $2,382,766 |
Open Source Technology Improvement Fund Inc Chicago, IL | $357,157 | $1,309,759 |
Open Information Security Foundation Inc Lafayette, IN | $1,345,059 | $1,521,763 |
Wisconsin Livestock Identification Consortium Inc Madison, WI | $152,013 | $431,499 |
Unity Foundation Np St Louis, MO | $7,837 | $125,000 |
International Association For Human Resource Information Management In Milwaukee, WI | $72,144 | $229,897 |
Society For Management Information Systems Chicago, IL | $266,168 | $214,433 |
Iowa Technology And Education Connection Nevada, IA | $137,996 | $217,389 |
Aps Training Institute Inc Aurora, IL | $42,690 | $0 |