Rhode Island · Nonprofit
IYRS SCHOOL OF TECHNOLOGY & TRADES INC
IYRS SCHOOL OF TECHNOLOGY & TRADES INC (Rhode Island) receives grants from 68 organizations whose IRS filings report $8,544,260 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($1,900,550). 41 of them have funded it in more than one year.
- Revenue FY2025
- $5.7M
- Funders on record
- 68
- Grants received
- $8.5M
- Net assets
- $20M
What Iyrs School of Technology & Trades Inc does
Mission
Iyrs empowers students through immersive, hands-on innovative learning to realize their full potential.
As stated on its FY2025 Form 990.
Programs
Iyrs offers four, accsc-accredited programs that range in duration from 6 to 20 months. The boatbuilding & restoration program is a comprehensive two-year course focused on traditional wooden boat-building techniques. The marine systems program, lasting 6 months, prepares students to install, repair, and maintain essential marine systems, including electrical, navigation, propulsion, plumbing, and safety systems. The 9-month composites technology program provides training in composites fundamentals, manufacturing methods, tooling development, and repair. The digital modeling & fabrication program, also 9 months, offers technical skill development in modern digital fabrication methods for careers in advanced manufacturing and design.
$3,710,601 spentof which $320,587 as grants$2,441,558 earned by the program91% of program spendingIyrs owns and operates a marina that showcases classic and other boats, providing students with hands-on learning opportunities. Iyrs also manages related organizations to further support its educational mission.
$374,280 spent$594,279 earned by the program9% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $4,084,881.
The organization over time
Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $26M to $24M (−7%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 5% · 2023 4% · 2024 12%. Grants only. Government contracts and fees sit inside program revenue.
42% of IYRS SCHOOL OF TECHNOLOGY & TRADES INC’s revenue is contributions — about as donation-reliant as the typical peer (63% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Kern Maass
President/CEO
Board chair
Stephen Glascock
Chairman
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 15 funders to 27 funders, grant income rose $418k → $794k.
14 of 68 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 37% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of IYRS SCHOOL OF TECHNOLOGY & TRADES INC’s funders (the co-funder graph). Top 30 of 68 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
IYRS SCHOOL OF TECHNOLOGY & TRADES INC has a broad base — no single funder exceeds 22% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
41% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund IYRS SCHOOL OF TECHNOLOGY & TRADES INC.
Largest funder’s share by year: 2017 81% · 2018 30% · 2019 37% · 2020 39% · 2021 30% · 2022 23% · 2023 43% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
54% of IYRS SCHOOL OF TECHNOLOGY & TRADES INC's funders are still giving 3 years after their first grant; 60% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
IYRS SCHOOL OF TECHNOLOGY & TRADES INC draws 89% of its grant income from funders outside Rhode Island, across 15 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $3.2M arriving through sponsors registered in 11 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
IYRS SCHOOL OF TECHNOLOGY & TRADES INC is better cushioned than half of the 3,230 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 3,230 arts & culture nonprofits $1M–$10M, FY2025
Government funding IYRS SCHOOL OF TECHNOLOGY & TRADES INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.2M on record.
- Department of Education$685k
- Department of Labor$550k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like IYRS SCHOOL OF TECHNOLOGY & TRADES INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Rhode Island
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
75% of spending goes to programs.
Governance
Public support
85%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 5 states
Part of a family of 3 related entities
- Mill Restoration LLC · partnership
- Restoration Leasing LLC · partnership
- Restoration Management Inc · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for IYRS SCHOOL OF TECHNOLOGY & TRADES INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds IYRS SCHOOL OF TECHNOLOGY & TRADES INC?
- IYRS SCHOOL OF TECHNOLOGY & TRADES INC (Rhode Island) receives grants from 68 organizations whose IRS filings report $8,544,260 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($1,900,550). 41 of them have funded it in more than one year.
- How many funders does IYRS SCHOOL OF TECHNOLOGY & TRADES INC have?
- IRS filings report 68 organizations giving $8,544,260 in grants to IYRS SCHOOL OF TECHNOLOGY & TRADES INC, 41 of which have funded it in more than one year.
- Who is the largest funder of IYRS SCHOOL OF TECHNOLOGY & TRADES INC?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $1,900,550 in grants. The full list of funders is on this page.
- How can an organization like IYRS SCHOOL OF TECHNOLOGY & TRADES INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Rhode Island. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Iyrs School of Technology & Trades →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 68 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing