Mission
TO COLLECT AND USE THE CONTRIBUTIONS TO DONATE FUNDS TO BUILD SEMINARIES, SCHOOLS, AND CHURCHES AND TO PERFORM OTHER RELIGIOUS AND EDUCATIONAL ACTIVITIES.
Public Charity
Investment and Research in Education Inc
Based in Houston, TX, Investment and Research in Education Inc operates as a Public Charity. The organization reported $42.3M in revenue, $26.8M in expenses, $62.7M in total assets for fiscal year 2024. Imperigo tracks 7 reported grant relationships connected to this organization totaling approximately $48.8M.
EIN: 061372326
Houston, TX
Christianity
NTEE: X20
Latest filing: 2024
Total Revenue$42.3M
Total Expenses$26.8M
Total Assets$62.7M
Grant Records7
Funding Total$48.8M
Filing Years2019–2024
Where $100 goes at Investment and Research in Education Inc
How Investment and Research in Education Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$88
Programs
the work itself
$12
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $88 for programs
$88
Provides grants to build schools, seminaries or churches in furtherance of religious and educational purposes
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
EDUCATIONAL
$550,000
TO PROMOTE SPONSOR, AND DONATE FUNDS TO EDUCATIONAL ORGANIZATIONS IN THE US AND LATIN AMERICA
$33,371,267
EDUCATIONAL
$535,847
TO PROMOTE SPONSOR, AND DONATE FUNDS TO EDUCATIONAL ORGANIZATIONS IN THE US AND LATIN AMERICA
$7,364,516
EDUCATIONAL
$4,001,000
Showing up to 5 of 7 total records — full history available with membership.
Officers & Directors
ASSISTANT SECRETARY
Frank Formolo
DIRECTOR & VICE PRESIDENT
Hernan Jimenez
Director
Jesus Villagrasa
DIRECTOR AND PRESIDENT
John Connor
TREASURER & DIRECTOR
Jose G Cardenas
SECRETARY & DIRECTOR
Luis Alberto Hanao
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $42.3M | $26.8M | $62.7M |
| 2023 | $18.7M | $2.5M | $52.0M |
| 2022 | $6.9M | $3.9M | $32.9M |
| 2020 | $2.2M | $1.6M | $37.3M |
| 2019 | $4.2M | $1.8M | $34.0M |
Between 2019 and 2024, reported annual revenue grew from $4.2M to $42.3M (+906%), with total assets most recently reported at $62.7M.
Interactive year-over-year charts and full filing details available with membership.