In-q-tel Inc
78% goes to programs $0 to raise $100 Strong reserves Declining revenue
In-q-tel Inc is a 501(c)(3) organization based in Mc Lean, Virginia, registered in 2001, with $132,130,603 in FY2024 revenue. CharityIndex grades it B+, and it directs about 78% of spending to programs.
1800 Tysons Blvd Ste 1200, Mc Lean, VA, 22102 EIN 52-2149962 Since 2001
Revenue (FY2024)
$132.1M
▲ 22.0% vs prior year
International median: $227K
Expenses (FY2024)
$134.1M
Net assets
$880.4M
Employees
206
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
B+Program efficiency40% of the rating78% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For In-q-tel Inc: 78% to programs · $0 to raise $100 earns a B+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating79 mo reserves · -1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For In-q-tel Inc: 79 mo reserves · -1% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For In-q-tel Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For In-q-tel Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Iqt identifies, evaluates, and leverages emerging commercial technologies for (see schedule o)the national security community and its allies. iqt achieves its mission by delivering best-in-class capabilities, insights, and other services to our partners through a unique global investment platform.
Contact & location
- Address
- 1800 Tysons Blvd Ste 1200, Mc Lean, VA, 22102
- City
- Mc Lean
- State
- Virginia
- Subcategory
- International Peace & Security
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $139.9M (FY2016) to $132.1M (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $100.2MNet assets $880.4M
Operating margin
-1.5%
Spent more than it raised in the latest fiscal year.
Total assets
$980.6M
Total liabilities
$100.2M
Net assets
$880.4M
Salaries & benefits
$69.2M
52% of expenses
Board members
11
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $132,130,603▲22.0% | $134,107,295▼5.3% | $880,418,066▼1.7% | $980,596,953▼1.7% | 990 |
| 2023 | $108,260,393▼41.2% | $141,614,988▲20.5% | $895,267,270▼3.8% | $997,532,478▼3.0% | 990 |
| 2022 | $184,119,866▲10.8% | $117,541,783▲1.0% | $930,846,985▼3.5% | $1,028,036,177▼0.5% | 990 |
| 2021 | $166,203,888▼48.8% | $116,414,366▲8.7% | $965,010,946▲9.8% | $1,033,475,545▲11.4% | 990 |
| 2020 | $324,418,203▲143% | $107,062,454▼3.8% | $878,811,628▲76.9% | $928,091,629▲48.5% | 990 |
| 2019 | $133,417,523▲13.1% | $111,335,879▲23.5% | $496,682,470▲1.9% | $625,162,179▼0.9% | 990 |
| 2018 | $118,015,724▲1.1% | $90,150,781▲9.9% | $487,642,576▲8.4% | $630,796,596▲6.8% | 990 |
| 2017 | $116,697,968▼16.6% | $82,011,235▼24.5% | $449,819,564▲11.0% | $590,691,641▲10.3% | 990 |
| 2016 | $139,924,246 | $108,604,081 | $405,116,299 | $535,480,336 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: S Bowsher — $2,436,535 (1.82% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| S Bowsher | President/ceo & Trustee | 40 | $2,436,535 |
| G Hoyem | Evp, Investments | 40 | $1,177,013 |
| M Strottman | Evp, Chief Operating Officer | 40 | $1,170,398 |
| B Adams | Evp, General Counsel | 40 | $852,809 |
| A Bertone | Mng Ptnr, California | 40 | $804,106 |
| M Dicken | Evp, Capabilities | 40 | $789,043 |
| J Nelson | Evp, International | 40 | $774,358 |
| J Sobral | Chief People Officer | 40 | $764,026 |
| T Gillespie | Mng Ptnr, Washington Dc | 40 | $746,229 |
| B Jadeja | Senior Partner | 40 | $742,728 |
| E Chiu | Senior Partner | 40 | $700,589 |
| E Fox | Evp, Product Mkt & Comm | 40 | $666,179 |
| Y Zheng | Evp, Chief of Staff | 40 | $658,894 |
| S Sewall | Evp, Strategic Issues | 40 | $648,908 |
| M Crow | Chairman & Committee Chair | 5 | $42,500 |
| H Cox End 123124 | Trustee & Committee Chair | 5 | $37,500 |
| J Smith End 123124 | Trustee & Committee Chair | 5 | $37,500 |
| P Barris | Trustee & Committee Chair | 5 | $37,500 |
| B Sasse | Trustee | 5 | $35,000 |
| M Mullen | Trustee | 5 | $35,000 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Workera Corp | Technology Development | $1,343,539 |
| Arlington Consultants Group LLC | Consulting Services | $1,009,414 |
| Astranis Space Technologies Corp | Technology Development | $1,000,000 |
| Purelifi | Technology Development | $874,999 |
| Next Silicon Ltd | Technology Development | $874,999 |
Grants made · $103K in FY2024
2 grants totaling $103K in FY2024. All grants made by In-q-tel Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Oss Society Inc | See supplemental section for grant purpose. | $65,000 |
| Unitary Fund | See supplemental section for grant purpose. | $37,500 |
Similar organizations in International
International
International Justice Mission
Arlington, VA
$129.9M
Aannual revenue
International
Agra
Alexandria, VA
$126.8M
Aannual revenue
International
Technoserve Inc
Arlington, VA
$122.1M
B+annual revenue
International
Islamic Relief USA
Alexandria, VA
$147.2M
Aannual revenue
International
International Institute of Tropical Agriculture
Alexandria, VA
$115.1M
A+annual revenue
International
Middle East Broadcasting Networks Inc
Springfield, VA
$103.0M
C+annual revenue
International
Operation Smile Inc
Virginia Bch, VA
$100.4M
B+annual revenue
International
International Livestock Research Institute
Alexandria, VA
$95.4M
Aannual revenue
International
International Rice Research Institute
Alexandria, VA
$85.5M
Aannual revenue
International
Operation Blessing International Relief & Development Corp
Virginia Bch, VA
$78.2M
A+annual revenue
Compare In-q-tel Inc
Frequently asked questions
- Is In-q-tel Inc a legitimate nonprofit?
- Yes. In-q-tel Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 52-2149962, based in Mc Lean, Virginia. Donations are tax-deductible.
- What is In-q-tel Inc's EIN?
- In-q-tel Inc's Employer Identification Number (EIN) is 52-2149962.
- How much revenue does In-q-tel Inc report?
- In-q-tel Inc reported $132,130,603 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of In-q-tel Inc's spending goes to programs?
- In-q-tel Inc spends about 78% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does In-q-tel Inc have?
- CharityIndex grades In-q-tel Inc B+, based on program efficiency and fundraising cost.
- How much does In-q-tel Inc's highest-paid employee make?
- The highest reported compensation on In-q-tel Inc's latest Form 990 is $2,436,535, paid to S Bowsher (President/ceo & Trustee).
More nonprofits in Mc Lean
Explore more
Data for In-q-tel Inc (EIN 52-2149962) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.