INTEGRITY RESEARCH INSTITUTE
5020 Sunnyside Ave Suite 209 Beltsville, MD 20705 http://www.integrityresearchInstitute.org
Mission and Programs
Mission
Integrity Research Institute is an organization that investigates emerging, clean energy inventions, assists qualified new energy research, and informs the public of advancements in emerging energy. Integrity Research Institute, founded in 1991, grew out of the need for a long-term solution to the increasing dependence on fossil fuels and the associated environmental degradation. Through volunteer efforts, evaluation reports, books, videos and two IRI conferences have been produced to accurately depict many emerging energy technologies that do not use fossil fuels. Much of IRI''s efforts are directed at educating the public about future energy technologies. IRI''s goal is to assist energy inventors who qualify to bring their discoveries to the prototype stage of development. In that regard, IRI has begun a Clean Energy Program that evaluates emerging energy inventions and assists in finding funding for their work. IRI''s goal is to implement a new energy infrastructure that provides local, on-site power and new transportation possibilities.
Programs
Integrity Research Institute's programs include educational materials that are in print and on-line; Emerging energy speaking engagements, and energy invention evaluation and fund-raising. We sponsor a national conference every year related to emerging energy technologies discussions, presentations and workshops.
Program / Activities (NTEE Code)
Research Institutes and/or Public Policy Analysis
Fund Raising and/or Fund Distribution
Science and Technology Research Institutes, Services N.E.C.
Results
Accomplishments for Fiscal Year Ending 12/31/2007
- Thanks to your support, we have now expanded our research facility and laboratory, with new equipment. There are separate areas for each IRI program: Energy, Propulsion and Bioenergetics. We are actively working on all three programs and have promising results, especially in our bioenergetics projects.
- Book publications: "Zero Point Energy, The Fuel of the Future" and "Modern Meditation" both published by IRI in 2007.
- Participation and presentations on emerging energy at many other conferences throughout the year, including THe World Innovation Foundation, IEEE Magnetics Conference, National Space Society,International Conference and Science and Technologies Applications Conference sponsored by the University of New Mexico.
Objectives for Fiscal Year Beginning 01/01/2008
- Expand our program on future energy with public education as a goal and a targeted coordination effort with energy investment firms and individuals.
- Expansion of our public education efforts with a new and improved Website. Our goal for this year is to include free downloadable podcasts and free links to our energy videos and presentations.
- Complete and publish our new book:" The Future of Energy, an Emerging Science".
Self Assessment
Integrity Research Institute tracks its effectiveness by (1) the number of IRI members (2) feedback from newsletter readers, members, professionals (3) growth in operating revenue.
Chief Executive Profile
Thomas Valone, PhD, PE, President, is Integrity Research Institute's founder. Mr. Valone envisions a world prospering with novel forms of clean energy and transportation. A graduate of the State University of NY at Buffalo, he holds a Master's Degree in Physics, and a Ph.D in General Engineering from Kennedy-Western (Warren National) University and reprinted his thesis in book form under the title, Practical Conversion of Zero Point Energy. He has a Professional Engineer's License, and has taught community college classes. In recent years, he has written or edited books such as "Energy Crisis: The Failure of the Comprehensive National Energy Strategy," "Future Energy: The Proceedings of the First International Conference on Future Energy,""Zero Point Energy, Fuel of the Future" "Electrogravitics Systems: A New Propulsion Methodology," "The Homopolar Handbook: A Definitive Guide to Faraday Disk and N-Machine Technologies" "Harnessing the Wheelwork of Nature: Tesla Energy Science"as hundreds of magazine and journal articles. He has been featured in the Discovery, A&E and Science Channels as well as interviewed as an Energy Expert on CNN.
Additional Comments
IRI has received recognition from Temple University's Center for Frontier Sciences, the Alternative Energy Institute, and other organizations for its programs and services. Although we receive no state or federal funding, we are dedicated to energy research and public education with integrity.
Financial Data
From the organization's FORM 990
Revenue and Expenses: Fiscal Year Ending December 31, 2006
|
Revenue |
|
Expenses |
|
Contributions |
$0 |
|
Government Grants |
$0 |
|
Program Services |
$0 |
|
Investments |
$0 |
|
Special Events |
$0 |
|
Sales |
$0 |
|
Other |
$0 |
|
|
|
Program Services |
$32,838 |
|
Administration |
$17,494 |
|
Other |
$0 |
|
Total Expenditures |
$50,332
|
|
|
Total Revenue |
$234,867 |
|
NET GAIN/LOSS |
$0 |
|
|
Balance
Sheet: Fiscal Year Ending December 31, 2006
Notes
The
balance sheet gives a snapshot of the financial health of an organization
at a particular point in time. An organization's total assets should
generally exceed its total liabilities, or it cannot long survive,
but the types of assets and liabilities also must be considered.
For instance, an organization's current assets (cash, receivables,
securities, etc.) should be sufficient to cover its current liabilities
(payables, deferred revenue, current year loan and note payments).
Otherwise, the organization may face solvency problems. On the other
hand, an organization whose cash and equivalents greatly exceed
its current liabilities might not be putting its money to best use.
|
Assets |
Jan 1, 2006 |
Dec 31, 2006 |
Change |
| Cash
& Equivalent |
$1,237 |
$181,163 |
$179,926 |
| Accounts
Receivable |
$0 |
$0 |
$0 |
| Pledges
& Grants Receivable |
$0 |
$0 |
$0 |
| Receivables/Other |
$0 |
$0 |
$0 |
| Inventories
for Sale or Use |
$0 |
$0 |
$0 |
| Investments/Securities |
$0 |
$0 |
$0 |
| Investments/Other |
$0 |
$0 |
$0 |
| Fixed
Assets |
$456 |
$6,525 |
$6,069 |
| Other |
$0 |
$0 |
$0 |
| Total
Assets |
$7,674 |
$191,909 |
$184,235 |
| |
|
|
|
|
Liabilities |
Jan 1, 2006 |
Dec 31, 2006 |
Change |
| Accounts
Payable |
$0 |
$0 |
$0 |
| Grants
Payable |
$0 |
$0 |
$0 |
| Deferred
Revenue |
$0 |
$0 |
$0 |
| Loans
and Notes |
$0 |
$0 |
$0 |
| Tax-Exempt
Bond Liabilities |
$0 |
$0 |
$0 |
| Other |
$0 |
$0 |
$0 |
| Total
Liabilities |
$3,360 |
$3,060 |
$(300) |
| |
| FUND BALANCE |
$0 |
$0 |
$0 |
|

| |
Basic Information
|
|
|
This organization is required to file an IRS Form 990 or 990-EZ.
|
EIN: |
52-2265766 |
|
Executive:
|
Dr.
Thomas
Valone,
Chairman and Founder
|
|
Contact:
|
Dr.
Jacqueline
Panting-Valone,
Executive Director
|
|
Phone:
|
(301) 220-0440
|
|
Fax:
|
(301) 513-5728
|
|
E-mail:
|
iri@erols.com
|
Fiscal
Year: |
2008
|
Assets:
|
$63,929
|
Income:
|
$86,380
|
Year Founded: |
1991 |
|
No. of Board Members:
|
3
|
|
No. of Full Time Employees:
|
1-5
|
|
No. of Part-Time Employees:
|
1-5
|
|
Volunteers:
|
1-5
|
Audited Statements Available to Public:
|
No
|
Funding: |
This organization is seeking funds from contributions and grants. These funds will be used for special projects.
|
Locations Served: |
National
Europe, Africa, Asia, Australia
|
|
|
Board of Directors
|
|
Jacqueline Panting Valone
Thomas Valone
Wendy Nicholas
|
|
| |
|