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Iyrs School Of Technology & Trades School Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 050470320 ✦ Newport, RI ✦ Designated as a 501(c)(3)

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Overview

What is Iyrs School Of Technology & Trades School Inc?

Iyrs School of Technology & Trades School Inc, located in Newport, Rhode Island, is a nonprofit institution offering five accredited programs, ranging from 6 to 20 months. The Boatbuilding & Restoration program, lasting two years, focuses on mastering the craft of wooden boatbuilding based on fundamental principles. The Marine Systems program, a 6-month course, trains students in installing, repairing, and maintaining various boat systems, including electrical, navigation, and plumbing. The Composites Technology program, also 6 months, covers composites fundamentals, manufacturing methods, tooling development, and repair/refinishing. The Marine Systems and Composites Technology combined program, lasting 11 months, allows students to attend both programs and complete with an externship. Lastly, the Digital Modeling & Fabrication program, a 9-month course, serves as a technical skill-building platform for modern makers or manufacturers. Iyrs School empowers students through immersive, hands-on learning, enabling them to realize their career and personal potential. Word count: 118


Official website here: www.iyrs.edu

What are the reviews and ratings of this charity?

Charity Navigator gives Iyrs School Of Technology & Trades School Inc a Four-Star out of Four Star rating with an overall score of 96%. This high rating is based solely on their Accountability & Finance beacon, highlighting strong governance and financial management practices. The organization boasts a fully independent board and has received full marks in various aspects of financial oversight, including material diversion of assets and program expense ratios.

User feedback reflects a positive outlook on the organization, emphasizing its unique educational offerings in skill-based programs for young people. A donor noted the impressive work of the students and the effective leadership driving the school's growth. The recognition from the yachting industry underscores the school's niche and its potential for future development.

While the overall sentiment is highly favorable, the data does not mention any specific limitations or areas for improvement. This suggests a strong reputation within the community and a solid foundation for ongoing support and success.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Iyrs School Of Technology & Trades School Inc legitimate?

Iyrs School Of Technology & Trades School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iyrs School Of Technology & Trades School Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $431,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,425,136

For more financial information, click here


Official website here: www.iyrs.edu

What is the mission statement of Iyrs School Of Technology & Trades School Inc?

Iyrs School of Technology & Trades School Inc's mission is to empower students through immersive, hands-on learning, enabling them to realize their full potential in their careers and personal lives. The school offers a variety of accredited programs, including boatbuilding and restoration, marine systems, composites technology, and digital modeling and fabrication, each ranging from 6 to 20 months in duration. These programs equip students with essential skills in areas such as woodworking, system installation and repair, composites manufacturing, tooling development, and digital modeling, among others. The school's goal is to prepare students for successful careers and personal growth.


Official website here: www.iyrs.edu

Who is the CEO of Iyrs School Of Technology & Trades School Inc?

Jay Coogan is the President/Ceo of Iyrs School Of Technology & Trades School Inc. The CEO's salary of Iyrs School Of Technology & Trades School Inc is $257,184 and their total compensation is $289,369.


Official website here: www.iyrs.edu

What is the revenue of Iyrs School Of Technology & Trades School Inc?

Iyrs School Of Technology & Trades School Inc's revenue in 2022 was $5,182,625.


Official website here: www.iyrs.edu

Who are the executives of Iyrs School Of Technology & Trades School Inc and what are their salaries?

The average compensation at Iyrs School Of Technology & Trades School Inc during 2022 was $50,171. There are 37 employees at Iyrs School Of Technology & Trades School Inc.


Here are 34 key members and their salaries (Iyrs School Of Technology & Trades School Inc's CEO's salary is $257,184 and their total compensation is $289,369):


Jay Coogan (President/Ceo)
  • Compensation: $257,184
  • Related: $0
  • Other: $32,185
Connell Christopher Cannon (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald P O'Hanley (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darrell Crate (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael J Dominguez (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Baker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Cheek (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Malcolm D Clarke Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Denton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daisy D'Isernia (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Dunbar (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Farrell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Firth (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Flaxman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen L Glascock (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Glenn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah L Hadley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clare Harrington (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James A Hilton (Trustee (To 2/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Ralph Isham (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Kahane (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John L Klinck Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry L Lanza (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Lefort (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Morong (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas L Newhouse (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Newth (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Ogden (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Revis Potts (Trustee (From 3/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Carter Richardson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hannah Swett (Trustee (From 7/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
J Steven White (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monika Miller (Director Of Finance (To 11/2021))
  • Compensation: $84,180
  • Related: $0
  • Other: $10,419
Monique Collins (Cfo (From 12/2021))
  • Compensation: $5,385
  • Related: $0
  • Other: $0


Official website here: www.iyrs.edu

Where can I find the form 990 for Iyrs School Of Technology & Trades School Inc?

Iyrs School Of Technology & Trades School Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.iyrs.edu

Learn more at the official website: www.iyrs.edu

Mission Statement of Iyrs School Of Technology & Trades School Inc

IYRS School of Technology & Trades School Inc, in its mission, empowers students by providing immersive, hands-on learning experiences. This approach aims to help students realize their full potential in both their careers and personal lives. The institution offers a range of accredited programs, with durations ranging from six to twenty months. Among these programs, the Boatbuilding & Restoration program is a two-year course that focuses on mastering the craft of wooden boatbuilding. The Marine Systems program is a six-month course that trains students in installing, repairing, and maintaining various boat systems, including electrical, navigation, electronics, and more.

The Composites Technology program is another six-month course with four cornerstones: composites fundamentals, manufacturing methods, tooling development, and repair and refinishing. The Combined Program in Composites Technology and Marine Systems is an 11-month course, where students attend both programs and complete their studies with an externship. Lastly, the Digital Modeling & Fabrication program is a 9-month program that serves as a technical skill-building platform for modern makers or manufacturers. In essence, IYRS School of Technology & Trades School Inc's mission is to equip students with practical skills and knowledge, enabling them to reach their full potential in various fields.

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Impact




July, 2024

IYRS School of Technology & Trades School Inc's impact lies in its ability to empower students through immersive, hands-on learning to realize their full potential in careers and in life. The school offers five ACCSC-accredited programs that range from 6 to 20 months in duration, each focusing on a specialized skill set within the fields of boatbuilding, marine systems, composites technology, and digital modeling & fabrication. By providing this comprehensive training, IYRS equips individuals with the knowledge and skills needed to succeed in the arts and trades industries. Their mission of empowering students through practical education demonstrates a commitment to preparing individuals for fulfilling and successful careers.




This information is meant to be a general summary of Iyrs School Of Technology & Trades School Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$5,182,625 (2022)
Expenses
$4,570,296 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $94,535
  • Program Service Revenue: $2,215,875
  • Gross Receipts: $5,398,936

Assets and Liabilities:

  • Total Assets: $24,395,751
  • Total Liabilities: $3,168,326
  • Net Assets: $21,227,425

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SCHOOL

Revenue

$1,694,160

MARINA

Revenue

$321,250

MANAGEMENT FEES

Revenue

$200,465

Organization Details

Founding Year

1993

Principal Officer

Jay Coogan

Main Address

449 THAMES STREET, NEWPORT, RI, 02840

NTEE Category

Code: A80Z - Arts

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