Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $159,960

• 3 · Investment income

  total -$884,150 · related or exempt -$884,150

• 7a · Gross sales of assets other than inventory

  other assets $26,848

• 7c · Gain or loss

  other assets $26,848

• 7d · Net gain or loss

  total $26,848 · related or exempt $26,848

• 11a · Other revenue: INV. PER MODERNIZATION ACT

  total -$272,224 · related or exempt -$272,224

• 11e · Other revenue, total

  -$272,224

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $2,569,278 · program services $2,569,278

• 7 · Other salaries and wages

  total $819,041 · program services $805,478 · management and general $13,563

• 9 · Other employee benefits

  total $100,552 · program services $98,857 · management and general $1,695

• 10 · Payroll taxes

  total $52,000 · program services $51,124 · management and general $876

• 11b · Fees: legal

  total $75,459 · program services $16,180 · management and general $59,279

• 11c · Fees: accounting

  total $58,776 · management and general $58,776

• 11f · Fees: investment management

  total $61,056 · program services $59,224 · management and general $1,832

• 11g · Fees: other

  total $42,799 · management and general $42,799

• 12 · Advertising and promotion

  total $17,243 · program services $17,243

• 13 · Office expenses

  total $49,599 · program services $41,129 · management and general $8,470

• 16 · Occupancy

  total $63,271 · program services $62,201 · management and general $1,070

• 17 · Travel

  total $58,822 · program services $57,828 · management and general $994

• 22 · Depreciation, depletion and amortization

  total $7,559 · program services $7,511 · management and general $48

• 23 · Insurance

  total $7,732 · program services $6,739 · management and general $993

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $7,007,968 · end of year $616,253

• 2 · Savings and temporary cash investments

  beginning of year $1,554,153 · end of year $980,988

• 4 · Accounts receivable

  beginning of year $2,160

• 7 · Other notes and loans receivable

  beginning of year $192,730 · end of year $41,786

• 10a · Land, buildings and equipment: cost or other basis

  $38,882

• 10b · Land, buildings and equipment: accumulated depreciation

  $20,876

• 10c · Land, buildings and equipment, net

  beginning of year $22,856 · end of year $18,006

• 11 · Investments: publicly traded securities

  beginning of year $13,821,313 · end of year $10,092,867

• 12 · Investments: other securities

  beginning of year $10,400,330 · end of year $14,074,456

• 17 · Accounts payable and accrued expenses

  beginning of year $2,685,338 · end of year $148,787

• 19 · Deferred revenue

  end of year $312,150

• 27 · Net assets without donor restrictions

  beginning of year $30,316,172 · end of year $25,363,419

The filer's explanations (Part III)

SCHEDULE J, PART III

IN RELATION TO SECTION 4C, REPRESENTED IN BOX BII: ISIEF OFFERS KEY EMPLOYEES INCENTIVE BASED COMPENSATION IN THE FORM OF OPTIONS TO ACQUIRE FROM THE COMPANY INTERESTS IN EQUITY INVESTMENTS OF THE ORGANIZATION. THESE OPTIONS ARE MADE PURSUANT TO AN INCENTIVE COMPENSATION PLAN APPROVED ANNUALLY BY THE BOARD OF DIRECTORS AND THE PRESENT FAIR MARKET VALUE OF SUCH OPTIONS ARE REPORTED AS COMPENSATION.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• ENERGY FOUNDRY INTELLIGENCE LLC

  IL · income $58,913 · assets $104,774