Independent Laboratories Institute
- Assets
- $29.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 09/1992
- Data as of
- 12/2022
- EIN
- 52-1787694
Organization Overview
Independent Laboratories Institute is located in Washington, DC. The organization was established in 1992. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Independent Laboratories 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 12/2022, Independent Laboratories Institute generated $2.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (41.6%) each year. All expenses for the organization totaled $6.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (33.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
EDUCATIONAL ACTIVITIES FOR THE ENGINEERING, SCIENTIFIC AND TESTING COMMUNITY BY MEANS OF SEMINARS, CONFERENCES, WORKSHOPS AS WELL AS DEVELOPING AND DISTRIBUTING EDUCATIONAL MATERIALS AND PROMOTING, DEVELOPING AND CONDUCTING RESEARCH.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Augustin Pierri Director | 2 | $0 | |
David Kennedy Vice Chair | 2 | $0 | |
Doug Leonard Director | 2 | $0 | |
Joe Konschnick Chair | 1 | $0 | |
Ray Klouda Director | 2 | $0 | |
Steve Elliott Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,000 |
| Membership dues | $0 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $2,014 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,000 |
| Total expenses | $6,000 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,614 |
| Other assets | $0 |
| Total assets | $29,639 |
| Total liabilities | $48,249 |
| Net assets or fund balances | -$18,610 |