International Service For The Acqstn Of Agri-Biotech Applcations
- Assets
- $385.3k
- Revenue
- $794.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Ithaca, NY
- Founding
- 07/1994
- Data as of
- 12/2021
- EIN
- 52-1740743
Organization Overview
International Service For The Acqstn Of Agri-Biotech Applcations, operating under the name Isaaa, is located in Ithaca, NY. The organization was established in 1994. According to its NTEE Classification (Q31) the organization is classified as: International Agricultural Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Isaaa 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, Isaaa generated $794.8k 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 (14.9%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.5%) 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
THE INTERNATIONAL SERVICE FOR THE ACQUISITION OF AGRI-BIOTECH APPLICATIONS HELPS TO ACHIEVE AGRICULTURAL SUSTAINABILITY AND DEVELOPMENT BY FACILITATING THE TRANSFER OF TECHNOLOGIES TO DEVELOPING COUNTRIES THROUGH PUBLIC-PRIVATE PARTNERSHIPS, AND BY SHARING AND DISSEMINATING SCIENTIFIC KNOWLEDGE TO THE GLOBAL COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FACILITATE THE ACQUISITION AND TRANSFER OF AGRICULTURAL BIOTECHNOLOGY APPLICATIONS FROM INDUSTRIAL COUNTRIES, PARTICULARLY PROPRIETARY TECHNOLOGY FROM THE PRIVATE SECTOR FOR THE BENEFIT OF THE DEVELOPING WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul S Teng Chair | OfficerTrustee | 28 | $0 |
Jennifer Thomson Vice Chair | OfficerTrustee | 10 | $0 |
W Ronnie Coffman Secretary | OfficerTrustee | 23 | $0 |
Wallace Beversdorf Treasurer | OfficerTrustee | 12 | $0 |
Margaret Karembu Director | Officer | 62 | $0 |
Jonathan Dallas George Jones Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $368,684 |
| All other contributions, gifts, grants, and similar amounts not included above | $423,135 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $791,819 |
| Total Program Service Revenue | $0 |
| Investment income | $343 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,113 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$2,341 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $794,763 |
| 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 | $14,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $185,810 |
| Compensation of current officers, directors, key employees. | $24,768 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $54,112 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,089 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,650 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $33,982 |
| Travel | $1,195 |
| 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 | $4,307 |
| Insurance | $7,705 |
| All other expenses | $29,124 |
| Total functional expenses | $1,547,092 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $374,088 |
| Pledges and grants receivable | $3,606 |
| Accounts receivable, net | $7,574 |
| 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 | $385,268 |
| Accounts payable and accrued expenses | $5,014 |
| 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 | $12,206 |
| Total liabilities | $17,220 |
| Net assets without donor restrictions | -$309,488 |
| Net assets with donor restrictions | $677,536 |
| 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 | $385,268 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that International Service For The Acqstn Of Agri-Biotech Applcations has recieved totaling $33,204.
| Awarding Organization | Amount |
|---|---|
Cornell University Ithaca, NY | | $16,602 |
Cornell University Ithaca, NY | | $16,602 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Thessalonica Agricultural & Industrial Institute New York, NY | $90,609,236 | $11,606,738 |
The Boma Project Inc Manchester Center, VT | $12,762,735 | $15,093,429 |
International Service For The Acqstn Of Agri-Biotech Applcations Ithaca, NY | $385,268 | $794,763 |
Self Help Africa Inc New York, NY | $463,746 | $951,953 |
Tasai Inc Ithaca, NY | $560,439 | $1,122,176 |
Gardens For Health International Duxbury, MA | $553,934 | $742,505 |
Southeast Asia Development Program Inc Newton Highlands, MA | $1,785,223 | $829,080 |
The Manzanar Project Foundation Wenham, MA | $0 | $189,504 |
Partners In Progress Americans Supporting Rural Sustainable Carnegie, PA | $311,344 | $351,666 |
Building Together Inc Brooklyn, NY | $53,095 | $0 |
Levo International Inc Bloomfield, CT | $29,160 | $0 |
Qholaqhoe Mountain Connections Inc Honeoye Falls, NY | $111,521 | $0 |