Inverness Institute
- Assets
- $240.2k
- Revenue
- $302.9k
- Investments
- $0.0
- Employees
- 1
- Location
- Inverness, CA
- Founding
- 01/2016
- Data as of
- 12/2021
- EIN
- 47-4550290
Organization Overview
Inverness Institute is located in Inverness, CA. The organization was established in 2016. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inverness 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 12/2021, Inverness Institute generated $302.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 37.2% each year . All expenses for the organization totaled $178.4k during the year ending 12/2021. While expenses have increased by 24.3% per year over the past 5 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
IMPROVING THE IMPROVEMENT OF EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN SERVICE OF ITS MISSION TO IMPROVE THE IMPROVEMENT OF EDUCATION, THE INVERNESS INSTITUTE WORKED WITH THREE EDUCATIONAL IMPROVEMENT GROUPS IN 2021.1. TEN STRANDS IS AN ORGANIZATION COMMITTED TO ENVIRONMENTAL LITERACY FOR ALL K-12 STUDENTS IN CALIFORNIA. THEIR MISSION IS TO BUILD PARTNERSHIPS AMOUNG ENVIRONMENTAL EDUCATORS, COMMUNITIES AND SCHOOLS TO PROMOTE ENVIRONMENTAL LEARNING. THE INVERNESS INSTITUTE PARTNERS WITH TEN STRANDS FOR THE PURPOSE OF STRENGTHENING THEIR WORK BY REFINING THEIR THEORY OF OPPORTUNITIES AND ENGINEERING EFFECTIVE STRATEGIES.2)THE TEACHER CONSULTANT RESPONSE NETWORK (TCRN)IS A NETWORK CREATED BY THE INVERNESS INSTITUTE AND SPONSORED BY THE STUART FOUNDATION. ITS PURPOSE IS TO GATHER INFORMATION FROM 150 OF THE CALIFORNIAS LEADING TEACHERS DOCUMENTING THEIR EXPERIENCES DURING THE PANDEMIC. RESULTS AND COMMENTS ARE SHARED ON EDSOURCE - A NON PROFIT NEWSLETTER THAT PUBLISHES DAILY STORIES ON THE STATE OF CALIFORNIA EDUCATION. 3) IN 2021, THE INVERNESS INSTITUTE BEGAN WITH THE NATIONAL WRITING PROJECT TO SUPPORT ITS WORK. THE NATIONAL WRITING PROJECT IS A NON PROFIT ORGANIZATION DEDICATED TO THE IMPROVEMENT OF TEACHING OR WRITING ACROSS THE NATION. IT IS A NETWORK ORGANIZATION SUPPORTING 200 LOCAL WRITING PROJECT SITES IN EVERY STATE.INVERNESS IS CONTRACTED TO HELP THE ORGANIZATION WITH THE MANAGEMENT OF ITS SUBCONTRACTS AND WITH ORGANIZATIONAL FUTURE PLANNING AND DESIGN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harry Mark St John III Director Chair Of The Board | Trustee | 1 | $0 |
Jeanne Harmon Director | Trustee | 1 | $0 |
Dan Humphries Director | Trustee | 1 | $0 |
Richard Sterling Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| 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 | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $302,907 |
| Investment income | $0 |
| 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 | $302,907 |
| 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. | $45,942 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $131,243 |
| Advertising and promotion | $0 |
| Office expenses | $511 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $296 |
| 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 | $178,409 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $240,281 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | -$90 |
| 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 | $240,191 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $240,191 |
| 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 | $240,191 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Inverness Institute has recieved totaling $230,000.
| Awarding Organization | Amount |
|---|---|
National Writing Project Berkeley, CA PURPOSE: GRANTS TO OTHER ORGANIZATIONS TO SUPPORT LOCAL AND NATIONAL PROGRAMS | $230,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Advanced Education Research & Development Fund Oakland, CA | $37,818,730 | $32,842,563 |
Learning Policy Institute Palo Alto, CA | $14,081,689 | $13,855,594 |
Centre For Effective Altruism Usa Inc San Francisco, CA | $38,716,189 | $17,476,222 |
Free Speech Foundation Tucson, AZ | $7,772,544 | $12,862,389 |
Publicworks Group Pasadena, CA | $3,758,874 | $4,171,322 |
The Nroc Project Carmel, CA | $6,140,866 | $4,569,862 |
The Rp Group Inc San Rafael, CA | $3,227,316 | $2,427,943 |
Romero Institute Santa Cruz, CA | $3,321,846 | $4,211,706 |
University Of Arizona Applied Research Corporation Tucson, AZ | $1,562,142 | $1,988,110 |
Center For Arizona Policy Inc Phoenix, AZ | $2,327,762 | $3,525,573 |
A For Arizona Phoenix, AZ | $591,569 | $2,295,104 |
Institute For Evidence-Based Change Long Beach, CA | $312,425 | $1,549,610 |