Istec Inc
- Assets
- $139.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albuquerque, NM
- Founding
- 09/2000
- Data as of
- 12/2023
- EIN
- 85-0461928
Organization Overview
Istec Inc is located in Albuquerque, NM. The organization was established in 2000. According to its NTEE Classification (U40) the organization is classified as: Engineering & Technology, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Istec Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Istec Inc generated $133.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $90.2k during the year ending 12/2023. While expenses have increased by 9.7% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Wilfrido Moreno Director & Board Chairman | 1 | $0 | |
Areany Rodriguez Treasurer | 2 | $6,000 | |
Prof Marisa DE Giusti Director & President | 1 | $0 | |
Dr Marcelo Vera Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $33,168 |
| Investment income | $36 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $133,204 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6,000 |
| Professional fees and other payments to independent contractors | $7,885 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $76,327 |
| Total expenses | $90,212 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $101,221 |
| Other assets | $0 |
| Total assets | $139,319 |
| Total liabilities | $9,980 |
| Net assets or fund balances | $129,339 |