Float Research Collective
Public records show a registered, tax-exempt organization in good standing.
What it says it does
ESTABLISH WORLDWIDE ACCEPTANCE FOR FLOATATION-REST (REDUCED ENVIRONMENTAL STIMULATION THERAPY) AS A TREATMENT TO NATURALLY RELIEVE PAIN, STRESS, ANXIETY AND OTHER RELATED CONDITIONS.
- Income
- $192,574
- Spending
- $137,901
- Spent on programs
- 95%
- Reserves
- 9.2 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 2
- Volunteers
- 12
- Highest pay
- $66,638, president
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 83 out of 100. Higher than 65% of charities in its peer group (medical research, under $250k).
Reserves
28 of 35Spendable reserves would cover 9.2 months of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
15 of 15Income exceeded spending by 28% of income.
Income trend
5 of 15Income fell 20% on the year before.
Spending floor
15 of 1595% of spending went to programs and raising each dollar of donations cost 2 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 71 out of 100. Higher than 60% of charities in its peer group (medical research, under $250k).
Independent board
25 of 257 of 8 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give 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.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 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 (2)
- $70,883 spent. PROJECT ARCTURUS - CREATE A CLOUD BASED SYSTEM FOR COMMERCIAL FLOAT CENTERS TO CONNECT THEIR FREQUENT FLOATERS/MEMBERS TO REPORT INFORMATION SUCH AS HOW OFTEN THEY FLOAT, WHY THEY FLOAT, AND WHAT BENEFITS THEY RECEIVE FROM FLOATING. THIS WILL BE A GLOBAL STUDY AND THE PLAN IS TO OFFICIALLY PUBLISH THE RESULTS WHEN COMPLETED. 2025 HAS BEEN AN EXECUTION YEAR GETTING THE SOFTWARE SETUP TO BE ABLE TO ROLL OUT THE PROJECT TO FLOAT CENTERS IN 2026.
- $59,494 spent. MAUI CALM PROJECT - MAUI IS IN THE MIDST OF A MASSIVE MENTAL HEALTH CRISIS DUE TO THE HORRIFIC TRAUMA FROM THE FIRES. THE MAUI CALM PROJECT HAS BEEN SET UP TO PROVIDE A NEW TYPE OF DISASTER RELIEF, A PURPOSE BUILT CENTER TO OFFER FREE CLINICAL FLOAT THERAPY FOR ANYONE ON MAUI WHO IS SUFFERING FROM THE TRAUMA OF THE FIRES. CLINICAL FLOAT THERAPY IS A SAFE AND NON-INVASIVE TREATMENT THAT HAS BEEN SHOWN TO HELP PEOPLE WITH TRAUMA, ANXIETY AND PTSD. BUILT INTO SHIPPING CONTAINERS, THESE FLOAT CENTERS CAN BE RAPIDLY DEPLOYED TO MAUI AND PLACED NEAR LAHAINA IN ORDER TO MAKE THE THERAPY AS ACCESSIBLE AS POSSIBLE TO EVERYONE WHO HAS BEEN TRAUMATIZED.WE RECEIVED APPROVAL FROM HAWAII COMMUNITY FOUNDATION FOR A $238K GRANT IN 2024 TO BE PAID IN TWO INSTALLMENTS IN 2025. WE ADDITIONALLY RAISED THE FUNDS REQUIRED BY THE TERMS OF THIS GRANT TO UNLOCK THE FIRST PAYMENT. THESE ADDITIONAL FUNDS WERE TO ALLOW MANUFACTURING TO COMMENCE ON A 3 ROOM FLOAT CENTER IN A 40 FOOT SHIPPING CONTAINER. THIS WILL THEN BE SHIPPED TO MAUI AND SETUP ON THE GROUND IN LAHAINA NEAR WHERE THE FIRES OCCURRED. THE GRANT WILL FUND THE FIRST FULL YEAR OF OPERATIONS TO ALLOW ALL FIRST RESPONDERS AND FIRE SURVIVORS (OR ANYONE AFFECTED BY THE FIRES) TO FLOAT FOR FREE. THIS IS CALLED THE MAUI CALM PROJECT - WWW.MAUICALM.ORG. THE FIRST HALF WAS RECEIVED IN 2025, WE ARE STILL AWAITING THE COMPLETION AND SHIPPING OF THE FLOAT CONTAINER FROM THE UK TO MAUI AS OF EARLY 2026.
Source: Form 990 for the year ending December 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 December 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 May 2022.
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.