Institute Of Nuclear Power Operations
- Assets
- $117.4m
- Revenue
- $103.7m
- Investments
- $0.0
- Employees
- 371
- Location
- Atlanta, GA
- Founding
- 01/1981
- Data as of
- 12/2022
- EIN
- 58-1382198
Organization Overview
Institute Of Nuclear Power Operations, operating under the name Inpo, is located in Atlanta, GA. The organization was established in 1981. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2022, Inpo employed 371 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inpo 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, Inpo generated $103.7m 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 $115.2m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.3%) 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
TO PROMOTE THE HIGHEST LEVELS OF SAFETY AND RELIABILITY - TO PROMOTE EXCELLENCE - IN THE OPERATION OF COMMERCIAL NUCLEAR POWER PLANTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INPO CONDUCTS PERIODIC EVALUATIONS TO PROMOTE THE HIGHEST LEVELS OF SAFETY AND RELIABILITY IN THE OPERATION, MAINTENANCE, AND SUPPORT OF NUCLEAR POWER PLANTS. ALL EVALUATIONS ARE AS PERFORMANCE-ORIENTED AS PRACTICABLE AND ARE BASED ON PERFORMANCE OBJECTIVES AND CRITERIA DEVELOPED BY INPO, WITH INDUSTRY REVIEW. INPO REVIEWS AND ANALYZES OPERATING EXPERIENCE AND EVENTS FROM BOTH DOMESTIC AND NON-U.S. NUCLEAR PLANTS. THE PROGRAM IS DESIGNED TO PROVIDE IN-DEPTH ANALYSIS OF NUCLEAR OPERATING EXPERIENCE AND TO APPLY THE LESSONS LEARNED ACROSS THE INDUSTRY.
INPO CONDUCTS AND SUPPORTS, WORKSHOPS, MEETINGS, TRAINING COURSES, AND OTHER PROGRAMS AND PRODUCES DOCUMENTS DESIGNED TO IMPROVE PERFORMANCE OF NUCLEAR PLANTS PERSONNEL AND EQUIPMENT AND APPLY THE LESSONS LEARNED ACCROSS THE INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lj Good Chairman | Trustee | 0.25 | $0 |
Nk Akins Vice Chairman | Trustee | 0.25 | $0 |
Pk Poppe Board Member | Trustee | 0.25 | $0 |
Jj Lyash Board Member | Trustee | 0.25 | $0 |
Ta Fanning Board Member | Trustee | 0.25 | $0 |
Rm Blue Board Member | Trustee | 0.25 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
King Spalding Legal | 12/30/22 | $436,237 |
Bennett Thrasher Accounting & Tax Services Expenses | 12/30/22 | $199,050 |
Thomas N Mitchell Chairman Services | 12/30/22 | $359,757 |
Bairesdev Llc Software Development | 12/30/22 | $304,920 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $102,841,455 |
| 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 | $102,841,455 |
| Total Program Service Revenue | $0 |
| Investment income | $1,867,982 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $45,845 |
| Net Gain/Loss on Asset Sales | -$1,814,412 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $103,717,427 |
| 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. | $10,789,411 |
| Compensation of current officers, directors, key employees. | $3,589,203 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $52,818,012 |
| Pension plan accruals and contributions | $19,121,757 |
| Other employee benefits | $4,585,651 |
| Payroll taxes | $4,267,463 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $526,302 |
| Fees for services: Accounting | $174,842 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,082,936 |
| Advertising and promotion | $0 |
| Office expenses | $201,707 |
| Information technology | $3,237,116 |
| Royalties | $0 |
| Occupancy | $1,948,373 |
| Travel | $4,692,267 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,386,751 |
| Interest | $11,333 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,586,863 |
| Insurance | $1,024,114 |
| All other expenses | $0 |
| Total functional expenses | $115,231,521 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,788,571 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,782,594 |
| 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 | $2,477,558 |
| Net Land, buildings, and equipment | $18,930,458 |
| Investments—publicly traded securities | $57,668,784 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $21,735,202 |
| Total assets | $117,383,167 |
| Accounts payable and accrued expenses | $1,690,289 |
| Grants payable | $0 |
| Deferred revenue | $15,108,611 |
| 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 | $31,493,850 |
| Total liabilities | $48,292,750 |
| Net assets without donor restrictions | $69,090,417 |
| 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 | $117,383,167 |
Grants Awarded
Over the last fiscal year, Institute Of Nuclear Power Operations has awarded $612,500 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
VIRGINIA COMMONWEALTH UNIV PURPOSE: Education | $25,000 |
IOWA STATE UNIVERSITY PURPOSE: Education | $60,000 |
CLEMSON UNIVERSITY PURPOSE: Education | $27,500 |
ROSE-HULMAN INST OF TECH PURPOSE: Education | $10,000 |
GA INSTITUTE OF TECH PURPOSE: Education | $30,000 |
UNIV OF PITTSBURGH PURPOSE: Education | $7,500 |