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Nonprofit · EIN 94-2750021

KESTREL INSTITUTE

Tax-exempt · PALO ALTO, CA 94304

Financials

$4.4M$4.1M2023$3.9M$3.4M2024
Revenue Expenses · by fiscal year end
Financials of KESTREL INSTITUTE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,874,883$3,443,324$431,559$4,556,619$1,756,279$2,800,340
December 31, 2023990$4,431,338$4,065,847$365,491$4,087,305$1,718,524$2,368,781
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,731,242
of which government grants
$3,537,273
Program service revenue
$0
Investment income
$143,641
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$1,032,171
Other salaries and wages
$671,081
Salaries, compensation and benefits (total)
$2,197,287
Professional fundraising fees
$0
Accounting fees
$63,185
Occupancy
$55,200
Travel
$19,060
Depreciation
$2,034
Program services (functional)
$3,136,534
Management and general (functional)
$306,790

Balance sheet and other

Total assets, start of year
$4,087,305
Total assets, end of year
$4,556,619
Total liabilities, end of year
$1,756,279
Net assets, end of year
$2,800,340
Land, buildings and equipment
$15,193
Net assets without donor restrictions
$2,800,340
Gross receipts
$3,874,883
Employees
16
Volunteers
3
Year formed
1981
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MARCEL BECKERCOMPUTER SCIENTIST
Highest-paid employee
36.58$287,925$42,264
STEPHEN FITZPATRICKCHIEF FINANCIAL OFFICER &
Officer
42.94$247,028$27,935
ERIC SMITHCHIEF EXECUTIVE OFFICER
Officer
31.68$245,493$17,570
DOUGLAS SMITHCHIEF COMPUTER SCIENTIST
Key employee
39.88$207,718$53,686
ALESSANDRO COGLIOCOMPUTER SCIENTIST
Highest-paid employee
23.13$181,127$33,969
JEFF KITSONSYSTEMS MANAGER
Highest-paid employee
28.49$173,216$38,297
GRANT JURGENSENCOMPUTER SCIENTIST
Highest-paid employee
36$152,764$13,726
STEPHEN WESTFOLDASSOC DIRECTOR, CORP SEC &
Officer
33.1$158,427$4,522
CORDELL GREENEXECUTIVE DIRECTOR & CHIEF
Trustee or director, Officer
4.85$54,721$15,071
JOHN MITCHELLDIRECTOR
Trustee or director
1$0$0
FRANK POUNDDIRECTOR
Trustee or director
1$0$0
MARGARITA ALTAMIRANODIRECTOR
Trustee or director
1$0$0
DAVID DESANTEDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensationOther / benefits
ERIC SMITHCHIEF EXECUTIVE OFFICER
Officer
31.68$347,966$18,480
MARCEL BECKERCOMPUTER SCIENTIST
Highest-paid employee
36.58$290,332$40,389
DOUGLAS SMITHCHIEF COMPUTER SCIENTIST
Key employee
39.88$273,506$52,955
STEPHEN FITZPATRICKCHIEF FINANCIAL OFFICER &
Officer
42.94$264,238$28,831
JEFF KITSONSYSTEMS MANAGER
Highest-paid employee
28.49$175,877$36,804
ALESSANDRO COGLIOCOMPUTER SCIENTIST
Highest-paid employee
23.13$173,156$32,443
STEPHEN WESTFOLDASSOC DIRECTOR, CORP SEC &
Officer
33.1$194,078$5,140
GRANT JURGENSENCOMPUTER SCIENTIST
Highest-paid employee
36$126,435$11,682
CORDELL GREENEXECUTIVE DIRECTOR & CHIEF
Trustee or director, Officer
4.85$100,302$27,791
CHRISTOPH KREITZCOMPUTER SCIENTIST
Highest-paid employee
31.06$120,155$0
MARGARITA ALTAMIRANODIRECTOR
Trustee or director
1$0$0
DAVID DESANTEDIRECTOR
Trustee or director
1$0$0
JOHN MITCHELLDIRECTOR
Trustee or director
1$0$0
FRANK POUNDDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
3260 HILLVIEW AVE, PALO ALTO, CA 94304-1220
Principal officer (990 for 2024)
DR ERIC SMITH, 3260 HILLVIEW AVENUE 2ND FLOOR, PALO ALTO, CA 943041220
Signed the 990
DR STEPHEN FITZPATRICK, CFO
Phone
(650) 493-6871
Return prepared by
BPM LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 94-2750021 or by the name KESTREL INSTITUTE.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

KESTREL INSTITUTE PERFORMS RESEARCH ON METHODS AND TOOLS FOR SOFTWARE ASSURANCE - USING MATHEMATICAL MODELS AND PROPERTIES OF ALGORITHMS AND DATA STRUCTURES TO ENSURE THAT SOFTWARE PERFORMS PREDICTABLY AND RELIABLY. OUR RESEARCH IS COMMUNICATED TO THE WIDER ACADEMIC COMMUNITY THROUGH JOURNALS, CONFERENCES AND TECHNICAL MEETINGS. OUR TOOLS ARE USED BY U.S. AND INTERNATIONAL UNIVERSITIES. WE OCCASIONALLY HOST STUDENTS FOR BRIEF PERIODS TO WORK ON PROJECTS ALIGNED WITH OUR RESEARCH INTERESTS.

990 for the year ended December 31, 2024

Program accomplishments

  • AFRL FIGHT TONIGHT:-----------
    Expenses $2,943,100
  • BBN ARC:-----------
    Expenses $303,762
  • BBN FIGHT TONIGHT:-----------
    Expenses $149,153
  • Expenses -$259,481

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
94-2750021
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1982
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,556,619
Income (IRS master file)
$3,874,883

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,874,883$3,443,324$4,556,619XML
990December 2023$4,431,338$4,065,847$4,087,305XML
990December 2022$4,129,396$3,535,772$3,765,583IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 94-2750021).

Questions about KESTREL INSTITUTE

What is the EIN of KESTREL INSTITUTE?
The employer identification number (EIN) of KESTREL INSTITUTE is 94-2750021.
Is KESTREL INSTITUTE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
Are donations to KESTREL INSTITUTE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KESTREL INSTITUTE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of KESTREL INSTITUTE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KESTREL INSTITUTE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of KESTREL INSTITUTE?
The 990 for the year ended December 31, 2024 names DR ERIC SMITH.
Who are the officers and directors of KESTREL INSTITUTE?
The 990 for the year ended December 31, 2024 lists 13 people; 9 received compensation from the organization, the highest $287,925 (MARCEL BECKER, COMPUTER SCIENTIST).
How much revenue does KESTREL INSTITUTE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,874,883, expenses of $3,443,324 and total assets of $4,556,619 at year end.

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