Totals
- Total revenue
- $1,001,049
- Total expenses
- $307,358
- Contributions and grants received
- $989,244
- Grants paid
- $0
- Program service revenue
- $2,184
- Investment income
- $9,621
- Other revenue
- $0
- Total assets, end of year
- $904,551
- Total liabilities, end of year
- $5,785
- Net assets or fund balances, end of year
- $898,766
- Program services expenses (Part IX)
- $238,084
- Management and general expenses
- $41,662
- Fundraising expenses
- $27,612
- Program service expenses (Part III)
- $238,084
Program services were 77.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$989,244
-
2a · Program service revenue: PROGRAM INCOME
total $2,184 · related or exempt $2,184
-
3 · Investment income
total $9,621 · excluded $9,621
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $79,849 · program services $61,264 · management and general $9,912 · fundraising $8,673
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $130,616 · program services $100,213 · management and general $16,215 · fundraising $14,188
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $2,225 · program services $1,707 · management and general $276 · fundraising $242
-
10 · Payroll taxes
total $16,749 · program services $12,851 · management and general $2,079 · fundraising $1,819
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $1,813 · management and general $1,813
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $29,529 · program services $27,500 · management and general $1,269 · fundraising $760
-
12 · Advertising and promotion
total $6,615 · program services $4,384 · management and general $2,231
-
13 · Office expenses
total $375 · program services $10 · management and general $365
-
14 · Information technology
total $5,014 · program services $2,377 · management and general $2,333 · fundraising $304
-
15 · Royalties
total $0
-
16 · Occupancy
total $887 · management and general $887
-
17 · Travel
total $28,114 · program services $23,914 · management and general $3,784 · fundraising $416
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $3,039 · program services $2,664 · fundraising $375
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $1,207 · program services $926 · management and general $150 · fundraising $131
-
24a · Other expenses: SUPPLIES
total $1,326 · program services $274 · management and general $348 · fundraising $704
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $205,075 · end of year $558,575
-
4 · Accounts receivable
end of year $345,976
-
17 · Accounts payable and accrued expenses
end of year $5,785
-
27 · Net assets without donor restrictions
beginning of year $205,075 · end of year $898,766
Mission and programs · 2024
Mission
TO FACILITATE THE DEVELOPMENT AND ADOPTION OF NEW TECHNOLOGIES THAT IMPROVE ANIMAL HEALTH AND WELFARE.
-
INNOVATE ANIMAL AG WAS FOUNDED WITH THE GOAL OF HELPING COMPANIES DEVELOP AND COMMERCIALIZE TECHNOLOGIES THAT HELP MEET THE EXPECTATIONS AND DEMANDS OF THE MODERN CONSUMER AROUND ANIMAL WELFARE. WE DO THIS BY PROMOTING TECHNOLOGY AS A PRACTICAL SOLUTION TO ANIMAL WELFARE. CONDUCTING RESEARCH ON CUTTING EDGE, SCIENCE-BACKED, TECHNOLOGIES IN ANIMAL AGRICULTURE, THEN CREATING RESOURCES FOR BUSINESSES, POLICYMAKERS, AND THE MEDIA. DIRECTLY SUPPORTING THE COMPANIES DEVELOPING AND IMPLEMENTING THE MOST PROMISING TECHNOLOGIES, SUCH AS IN-OVO SEXING.
Expenses $238,084
As filed on the 2024 return.
Listed in Part VII
-
ROBERT YAMAN
PRESIDENT
- Total calculated
- $79,850
- From this org
- $79,850
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
ILAN FISCHER
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
YAQI GAO GROVER
TREASURER
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 11 February 2025
- IRS schema version
- 2024v5.0
- Source object
- 202500429349301660
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