Civic Intelligence

Interacademy Partnership Inc

EIN 81-2774070 • 501(c)3 • Washington, DC

Profile

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.

500 5th Street NWWashington, DC 20001

www.interacademies.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

49th percentile

0.01x

Higher debt load relative to assets than 49% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

58th percentile

0.04x

Higher debt load relative to revenue than 58% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

2nd percentile

-173%

Higher net margin than 2% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

7th percentile

-38%

Faster asset growth than 7% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

91st percentile

91%

Faster revenue growth than 91% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$599,772

Down $369,897 (-38%) from 2023

Liabilities

Down

$8,161

Down $23,825 (-74%) from 2023

Net Assets

Down

$591,611

Down $346,072 (-37%) from 2023

Revenue

Up

$214,980

Up $102,625 (+91%) from 2023

Expenses

Down

$586,052

Down $99,920 (-15%) from 2023

Net Income

Up

-$371,072

Up $202,545 (+35%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2018: $559,777Liabilities 2018: $63,327Net Assets 2018: $496,4502018Assets 2019: $103,941Liabilities 2019: $0Net Assets 2019: $103,9412019Assets 2020: $762,374Liabilities 2020: $10,071Net Assets 2020: $752,3032020Assets 2021: $423,156Liabilities 2021: $12,431Net Assets 2021: $410,7252021Assets 2022: $1,647,232Liabilities 2022: $135,932Net Assets 2022: $1,511,3002022Assets 2023: $969,669Liabilities 2023: $31,986Net Assets 2023: $937,6832023Assets 2024: $599,772Liabilities 2024: $8,161Net Assets 2024: $591,6112024

Highlighted filing

2024

Assets$599,772
Liabilities$8,161
Net Assets$591,611

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2018: $1,243,394Expenses 2018: $746,961Net Income 2018: $496,4332018Revenue 2019: $122,061Expenses 2019: $514,570Net Income 2019: -$392,5092019Revenue 2020: $847,022Expenses 2020: $198,660Net Income 2020: $648,3622020Revenue 2021: $64,949Expenses 2021: $406,527Net Income 2021: -$341,5782021Revenue 2022: $1,810,122Expenses 2022: $709,547Net Income 2022: $1,100,5752022Revenue 2023: $112,355Expenses 2023: $685,972Net Income 2023: -$573,6172023Revenue 2024: $214,980Expenses 2024: $586,052Net Income 2024: -$371,0722024

Highlighted filing

2024

Revenue$214,980
Expenses$586,052
Net Income-$371,072

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 28, 2023
Return Version
2022v5.0
Gross Receipts
$1,810,122
Mission and Program Overview

Mission

The interacademy partnership, inc. (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.

Support the role of science in seeking solutions to address the world's challenges.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$17,461$1,012,460▲ $994,999
Savings and Temporary Cash Investments$300,245$628,810▲ $328,565
Prepaid Expenses and Deferred Charges$7,676$3,962▼ $3,714
Total Assets$423,156$1,647,232▲ $1,224,076
Other Assets Total$97,774$2,000▼ $95,774
Liabilities
Accounts Payable and Accrued Expenses$12,431$135,932▲ $123,501
Total Liabilities$12,431$135,932▲ $123,501
Net Assets / Fund Balance
Net Assets With Donor Restrictions$355,883$1,275,226▲ $919,343
Net Assets Without Donor Restrictions$54,842$236,074▲ $181,232
Total Net Assets Fund Balance$410,725$1,511,300▲ $1,100,575
Total Liabilities and Net Assets / Fund Balance$423,156$1,647,232▲ $1,224,076
Compensation and Service Providers

Board Members and Trustees

NameTitle
Masresha FeteneBoard Member & Co-president
Peggy HamburgBoard Member & Co-president
Asma IsmailBoard Member
Diane NegraBoard Member
Gianfranco PacchioniBoard Member
Stephanie BurtonBoard Member
Dr Ourania KostiExecutive Director
Cherry MurrayTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,810,000
Program Service Revenue
$0
Investment Income
$122
Other Revenue
$0
All Other Contributions
$1,810,000
Change in Net Assets
$1,100,575
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$709,547
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$437,559--$437,559
Other Expenses$180,990--$180,990
Office Expenses$49,505--$49,505
Travel$36,009--$36,009
Insurance$5,484--$5,484
Total Functional Expenses$709,547$0$0$709,547
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Members of iap shall consist only of well-established regional or global networks of merit-based academies of science or medicine. Initially, the members are expected to consist of the following seven organizations: -iap - the global network of science academies - expected to become "iap for science", -the interacademy council (iac) - expected to become "iap for research", -the interacademy medical panel (iamp) - expected to become "iap for health", -the inter-american network of academies of science (ianas), -the association of academies and societies of sciences in asia (aas sa), -the european academies of science advisory council (easac), and -the network of african science academies (nasac). Iap shall have two categories of members. Members shall be classified as either (i) general members or (ii) executive members. All members who are not executive members shall be considered general members. Each executive member shall have the right to select two of its leaders to serve (i) as voting representatives at meetings of the members, and (ii) on iap's board of directors (or steering committee) by virtue of those persons' leadership positions (co-chairs).

Form 990, Part VI, Section A, Line 7A

Executive members shall have the right to select two of its leaders to serve (i) as voting representatives at meetings of the members, and (ii) on iap's board of directors (or steering committee) by virtue of those persons' leadership positions (co-chairs).

Form 990, Part VI, Section A, Line 8B

There are no committees with authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11B

Upon preparation of the federal form 990 by an independent accounting firm, the executive director sends the draft version of the federal form 990 to the board of directors for review prior to filing. Any questions or concerns from the board of directors are noted in writing, and iap's management team ensures that changes are incorporated into the form 990 as appropriate. The final version of the form 990 is distributed to the board of directors and then filed with the internal revenue service.

Form 990, Part VI, Section B, Line 12

Co-chairs and board members are required to declare all conflicts of interest and any possible perceptions of conflicts of interest. They are required to sign a statement affirming they do not have any conflicts as described in the policy. For example, a member should declare if they have, or have had in the past, a close working relationship, personal connection or financial contact with anyone from the organizations involved in a particular topic, contract or project. In the event where a board member may have a potential conflict of interest, that particular board member will be asked to leave a meeting during consideration of any topic with which they have a conflict of interest. Their exclusion from the discussion may be published in the minutes as part of the record of the meeting.

Form 990, Part VI, Section C, Line 19

Iap makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Interacademy Partnership Inc
EIN
81-2774070
Phone
2023342238
Address
500 5TH STREET NW, WASHINGTON, DC 20001

Signing Officer

Name
Margaret Hamburg
Title
Co-president
Phone
2023342238
Signed
2023-08-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Margaret Peggy Hamburg
Formed
2016
Legal Domicile
De
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
11

Preparer

Firm
Marcum Llp
Address
1899 L STREET NW SUITE 850, WASHINGTON, DC 20036
Preparer
Frank H Smith
Phone
2022274000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consulting and professional fees: program service expenses 437,559. Management and general expenses 0. Fundraising expenses 0. Total expenses 437,559.

Raw XML Appendix352 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS OF IAP SHALL CONSIST ONLY OF WELL-ESTABLISHED REGIONAL OR GLOBAL NETWORKS OF MERIT-BASED ACADEMIES OF SCIENCE OR MEDICINE. INITIALLY, THE MEMBERS ARE EXPECTED TO CONSIST OF THE FOLLOWING SEVEN ORGANIZATIONS: -IAP - THE GLOBAL NETWORK OF SCIENCE ACADEMIES - EXPECTED TO BECOME "IAP FOR SCIENCE", -THE INTERACADEMY COUNCIL (IAC) - EXPECTED TO BECOME "IAP FOR RESEARCH", -THE INTERACADEMY MEDICAL PANEL (IAMP) - EXPECTED TO BECOME "IAP FOR HEALTH", -THE INTER-AMERICAN NETWORK OF ACADEMIES OF SCIENCE (IANAS), -THE ASSOCIATION OF ACADEMIES AND SOCIETIES OF SCIENCES IN ASIA (AAS SA), -THE EUROPEAN ACADEMIES OF SCIENCE ADVISORY COUNCIL (EASAC), AND -THE NETWORK OF AFRICAN SCIENCE ACADEMIES (NASAC). IAP SHALL HAVE TWO CATEGORIES OF MEMBERS. MEMBERS SHALL BE CLASSIFIED AS EITHER (I) GENERAL MEMBERS OR (II) EXECUTIVE MEMBERS. ALL MEMBERS WHO ARE NOT EXECUTIVE MEMBERS SHALL BE CONSIDERED GENERAL MEMBERS. EACH EXECUTIVE MEMBER SHALL HAVE THE RIGHT TO SELECT TWO OF ITS LEADERS TO SERVE (I) AS VOTING REPRESENTATIVES AT MEETINGS OF THE MEMBERS, AND (II) ON IAP'S BOARD OF DIRECTORS (OR STEERING COMMITTEE) BY VIRTUE OF THOSE PERSONS' LEADERSHIP POSITIONS (CO-CHAIRS).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXECUTIVE MEMBERS SHALL HAVE THE RIGHT TO SELECT TWO OF ITS LEADERS TO SERVE (I) AS VOTING REPRESENTATIVES AT MEETINGS OF THE MEMBERS, AND (II) ON IAP'S BOARD OF DIRECTORS (OR STEERING COMMITTEE) BY VIRTUE OF THOSE PERSONS' LEADERSHIP POSITIONS (CO-CHAIRS).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON PREPARATION OF THE FEDERAL FORM 990 BY AN INDEPENDENT ACCOUNTING FIRM, THE EXECUTIVE DIRECTOR SENDS THE DRAFT VERSION OF THE FEDERAL FORM 990 TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. ANY QUESTIONS OR CONCERNS FROM THE BOARD OF DIRECTORS ARE NOTED IN WRITING, AND IAP'S MANAGEMENT TEAM ENSURES THAT CHANGES ARE INCORPORATED INTO THE FORM 990 AS APPROPRIATE. THE FINAL VERSION OF THE FORM 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS AND THEN FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CO-CHAIRS AND BOARD MEMBERS ARE REQUIRED TO DECLARE ALL CONFLICTS OF INTEREST AND ANY POSSIBLE PERCEPTIONS OF CONFLICTS OF INTEREST. THEY ARE REQUIRED TO SIGN A STATEMENT AFFIRMING THEY DO NOT HAVE ANY CONFLICTS AS DESCRIBED IN THE POLICY. FOR EXAMPLE, A MEMBER SHOULD DECLARE IF THEY HAVE, OR HAVE HAD IN THE PAST, A CLOSE WORKING RELATIONSHIP, PERSONAL CONNECTION OR FINANCIAL CONTACT WITH ANYONE FROM THE ORGANIZATIONS INVOLVED IN A PARTICULAR TOPIC, CONTRACT OR PROJECT. IN THE EVENT WHERE A BOARD MEMBER MAY HAVE A POTENTIAL CONFLICT OF INTEREST, THAT PARTICULAR BOARD MEMBER WILL BE ASKED TO LEAVE A MEETING DURING CONSIDERATION OF ANY TOPIC WITH WHICH THEY HAVE A CONFLICT OF INTEREST. THEIR EXCLUSION FROM THE DISCUSSION MAY BE PUBLISHED IN THE MINUTES AS PART OF THE RECORD OF THE MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5IAP MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CONSULTING AND PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 437,559. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 437,559.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0111986323
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01899 L STREET NW SUITE 850
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ReturnHeader/PreparerPersonGrp/PhoneNum02022274000
ReturnHeader/PreparerPersonGrp/PreparationDt02023-08-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0FRANK H SMITH
ReturnHeader/ReturnTs02023-09-05T11:52:05-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARGARET
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HAMBURG
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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