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Nonprofiteer
← INTERACADEMY PARTNERSHIP INC

Form 990 for tax year 2022

Filed by INTERACADEMY PARTNERSHIP INC.

Totals

Total revenue
$1,810,122
Total expenses
$709,547
Contributions and grants received
$1,810,000
Grants paid
$0
Program service revenue
$0
Investment income
$122
Other revenue
$0
Total assets, end of year
$1,647,232
Total liabilities, end of year
$135,932
Net assets or fund balances, end of year
$1,511,300
Program services expenses (Part IX)
$709,547
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$709,547

Program services were 100.0% 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

    $1,810,000

  • 3 · Investment income

    total $122 · excluded $122

Functional expenses

Part IX, the statement of functional expenses.

  • 11g · Fees: other

    total $437,559 · program services $437,559

  • 13 · Office expenses

    total $49,505 · program services $49,505

  • 17 · Travel

    total $36,009 · program services $36,009

  • 23 · Insurance

    total $5,484 · program services $5,484

  • 24a · Other expenses: GRANT FACILITATION

    total $180,990 · program services $180,990

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $300,245 · end of year $628,810

  • 3 · Pledges and grants receivable

    beginning of year $17,461 · end of year $1,012,460

  • 9 · Prepaid expenses and deferred charges

    beginning of year $7,676 · end of year $3,962

  • 15 · Other assets

    beginning of year $97,774 · end of year $2,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $12,431 · end of year $135,932

  • 27 · Net assets without donor restrictions

    beginning of year $54,842 · end of year $236,074

  • 28 · Net assets with donor restrictions

    beginning of year $355,883 · end of year $1,275,226

Mission and programs · 2022

Mission

OUR MISSION IS TO CONVENE AND EMPOWER THE WORLD'S ACADEMIES OF SCIENCE, ENGINEERING, AND MEDICINE TO WORK COLLABORATIVELY TO ADDRESS ISSUES OF GLOBAL, REGIONAL, AND NATIONAL IMPORTANCE.

Activities or mission (Part I)

SUPPORT THE ROLE OF SCIENCE IN SEEKING SOLUTIONS TO ADDRESS THE WORLD'S CHALLENGES.

  • IAP WORKS TO SUPPORT THE SPECIAL ROLE OF SCIENCE AND ITS EFFORTS TO SEEK SOLUTIONS TO ADDRESS THE WORLD'S MOST CHALLENGING PROBLEMS. IAP HARNESSES THE EXPERTISE OF THE WORLD'S SCIENTIFIC, MEDICAL AND ENGINEERING LEADERS TO ADVANCE SOUND POLICIES, IMPROVE PUBLIC HEALTH, PROMOTE EXCELLENCE IN SCIENCE EDUCATION, AND ACHIEVE OTHER CRITICAL DEVELOPMENT GOALS.THE "DECARBONIZATION OF TRANSPORT IN AFTICA" PROJECT STARTED IN JUNE 2022 SUPPORTED BY THE CLIMATEWORKS FOUNDATION.

    Expenses $709,547

As filed on the 2022 return.

Listed in Part VII

  • Stephanie Burton

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Asma Ismail

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Gianfranco Pacchioni

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Diane Negra

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Dr Ourania Kosti

    EXECUTIVE DIRECTOR

    Total calculated
    $0
    Hours/week
    30

  • Masresha Fetene

    BOARD MEMBER & CO-PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Peggy Hamburg

    BOARD MEMBER & CO-PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Cherry Murray

    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
2022
Filed
28 August 2023
IRS schema version
2022v5.0
Source object
202302489349301325

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