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IYRS SCHOOL OF TECHNOLOGY & TRADES

EIN 05-0470320 NEWPORT, RI

Revenue 2023
$5,381,659
Expenses 2023
$5,323,374

Program services were 74.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
A80Z
Classification
2000
Street
449 THAMES ST UNIT 111

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2023

Mission

IYRS EMPOWERS STUDENTS THROUGH IMMERSIVE, HANDS-ON LEARNING TO REALIZE THEIR FULL POTENTIAL IN CAREER AND IN LIFE.

Activities or mission (Part I)

IYRS EMPOWERS STUDENTS THROUGH IMMERSIVE, HANDS-ON LEARNING TO REALIZE THEIR FULL POTENTIAL IN CAREERS AND IN LIFE.

  • IYRS OFFERS FOUR, ACCSC-ACCREDITED PROGRAMS THAT RANGE IN DURATION FROM 6 TO 20 MONTHS. THE BOATBUILDING & RESTORATION IS A TWO-YEAR PROGRAM ABOUT MASTERING A CRAFT BASED ON THE FUNDAMENTALS OF WOODENN BOATBUILDING. THE MARINE STYSTEMS IS A 6-MONTH PROGRAM THAT TRAINS STUDENTS TO INSTALL, REPAIR AND MAINTAIN EVERY ESSENTIAL SYSTEM ON BOATS OF ALL SIZES: ELECTRICAL, NAVIGAION, ELECTRONICS, STEERING, DIESEL ENGINES, PLUMBING, FIREFIGHTING, HVAC, REFRIGERATION AND MORE. THE COMPOSITES TECHNOLOGY IS A 9-MONTH PROGRAM THAT HAS FOUR CORNERSTONES: COMPOSITES FUNDAMENTALS, COMPOSITES MANUFACTURING METHODS, COMPOSITES TOOLING DEVELOPMENT, AND COMPOSITES REPAIR AND REFINISHING. THE DIGITAL MODELING & FABRICATION PROGRAM IS A 9-MONTH PROGRAM THAT IS A TECHNICAL SKILL BUILDING PLATFORM FOR THE MODERN MAKER OR MANUFACTURER.

    Expenses $3,601,660 · Grants $296,870 · Revenue $2,323,538

  • IYRS ALSO OWNS AND OPERATES A MARINA TO SHOWCASE CLASSIC AND OTHER BOATS WHICH PROVIDE STUDENTS OPPORTUNITIES FOR HANDS-ON WORK. IN ADDITION, IYRS MANAGES OTHER RELATED ORGANIZATIONS.

    Expenses $347,085 · Revenue $673,062

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2023

As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Alex Valcic

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Bill Firth

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Bill Morong

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Carter Richardson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Connell Christopher Cannon

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Daisy D'Isernia

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Daniel Ogden

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Darrell Crate

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Deborah Hadley

    TRUSTEE (TO 9/23)

    Total calculated
    $0
    Hours/week
    0.5
  • Douglas L Newhouse

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5
  • Dr Kathleen Barnes

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • George Baker

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Hannah Swett

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • J Steve White

    TRUSTEE (TO 7/23)

    Total calculated
    $0
    Hours/week
    0.5
  • Jay Coogan

    PRESIDENT/CEO (TO 7/23)

    Total calculated
    $213,929
    From this org
    $189,813
    From related orgs
    $0
    Other
    $24,116
    Hours/week
    50 + 2 related

    Schedule J breakdown matched by us

    Base
    $189,813
    Bonus
    $0
    Other
    $0
    Deferred
    $11,407
    Nontaxable benefits
    $12,709
    Filer's total
    $213,929
  • John Brooks

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • John Haley

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • John Klinck Jr

    TRUSTEE (TO 7/23)

    Total calculated
    $0
    Hours/week
    0.5
  • Kern Maass

    PRESIDENT/CEO

    Total calculated
    $154,147
    From this org
    $149,507
    From related orgs
    $0
    Other
    $4,640
    Hours/week
    50 + 2 related

    Schedule J breakdown matched by us

    Base
    $114,507
    Bonus
    $35,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $4,640
    Filer's total
    $154,147
  • Lauren Flaherty

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Lawrence Glenn

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Lisa Hintz Cheek

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Lisa Lefort

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Malcolm D Clarke Jr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Martin Keen

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

The first 25 listed. 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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2023
    Revenue
    $5,381,659
    Expenses
    $5,323,374
    Contributions
    $2,281,307
    Grants paid
    $296,870
  • 2022
    Revenue
    $4,779,750
    Expenses
    $5,660,729
    Contributions
    $2,013,201
    Grants paid
    $467,981

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $5,182,625
    Expenses
    $4,570,296
    Assets (EOY)
    $24,395,751
  • 2020 · 990

    Revenue
    $6,955,920
    Expenses
    $4,380,319
    Assets (EOY)
    $26,287,190
  • 2019 · 990

    Revenue
    $4,836,512
    Expenses
    $4,215,374
    Assets (EOY)
    $26,980,906
  • 2018 · 990

    Revenue
    $3,859,744
    Expenses
    $4,463,587
    Assets (EOY)
    $26,607,842
  • 2017 · 990

    Revenue
    $4,936,001
    Expenses
    $4,799,487
    Assets (EOY)
    $27,496,461
  • 2015 · 990

    Revenue
    $5,948,024
    Expenses
    $3,831,943
    Assets (EOY)
    $18,577,346
  • 2014 · 990

    Revenue
    $4,437,834
    Expenses
    $3,465,080
    Assets (EOY)
    $16,857,329
  • 2013 · 990

    Revenue
    $4,169,887
    Expenses
    $3,350,564
    Assets (EOY)
    $15,034,912
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $3,190,211
    Assets (EOY)
    $13,679,367
  • 2011 · 990

    Revenue
    not reported
    Expenses
    $3,277,527
    Assets (EOY)
    $13,591,948

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Related partnerships on its 2023 return

  • MILL RESTORATION LLC

    EXCLUDED · REAL ESTATE · RI · 100% owned · share of income $420,577 · share of assets $7,334,560

  • RESTORATION LEASING LLC

    EXCLUDED · REAL ESTATE · RI · 100% owned · share of income $654,183 · share of assets $1,323,011 · general or managing partner

Related corporations and trusts on its 2023 return

  • RESTORATION MANAGEMENT INC

    C · REAL ESTATE · RI · 100% owned · share of income $39,894 · share of assets $3,893,652

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 29 October 2026, for every organization at once. Returns through tax year 2023, the newest we have parsed for this organization.