Industry Initiatives for Science and Math Education
Public records show a registered, tax-exempt organization in good standing.
What it says it does
To empower educators with industry connections so they can create cutting-edge curriculum that transforms their students career trajectories
- Income
- $1.2 million
- Spending
- $1.3 million
- Spent on programs
- 89%
- Reserves
- 7.2 months of spending
- Largest source of income
- donations and private grants, 44%
- Employees
- 14
- Volunteers
- 110
- Highest pay
- $199,345, executive director
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 77 out of 100. Higher than 63% of charities in its peer group (education, $1m to $10m).
Reserves
28 of 35Spendable reserves would cover 7.2 months of spending.
Debt
20 of 20It owes 9% of what it owns.
Living within its means
4 of 15Spending exceeded income by 9% of income.
Income trend
10 of 15Income fell 10% on the year before.
Spending floor
15 of 1589% of spending went to programs and raising each dollar of donations cost 6 cents.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 74% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 2513 of 13 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $412,841 spent. In the fiscal year IISME Ignited awarded Fellowships to 12 teachers from 12 schools with 50% teaching in schools with disadvantaged students. Teachers enhanced STEM knowledge learned to align curriculum with workplace needs and improved teaching methods. They received $69,225 in stipends easing the impact of the high living costs in the region.
- $379,742 spent. Industry Experience Weeks Program - During this program teachers participate in immersive week-long job-shadows with a company or slate of organizations in a specific industry generating lesson plan ideas and creating one curriculum plan. During the fiscal year 73 teachers participated in this program 60% of whom teach in schools with a high percentage of educationally disadvantaged students. In addition these teachers received $71,996 in stipends and grants. They increased their knowledge of STEM workplace cultures and career options and they increased their effectiveness in integrating 21st century skills as well as real-world industry and research examples in their teaching.
- $362,047 spent. Industry-Aligned STEM Program Models - New program models aim to train and support educators in teaching industry-specific sciences. Teachers are empowered with new enhanced knowledge confidence resources and peer-support to successfully increase student exposure to and interest in these fields. 58 teachers participated in activities in this fiscal year. In addition Teachers earned $3,230 in stipends and grants. Ignited is introducing newer models to address the changing needs of our corporate partners and educational communities.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending May 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 1992.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.