Skip to main content

Nonprofit · EIN 52-2149962

IN-Q-TEL INC

Tax-exempt · MC LEAN, VA 22102

Financials

$184.1M$117.5M2022$108.3M$141.6M2023$132.1M$134.1M2024
Revenue Expenses · by fiscal year end
Financials of IN-Q-TEL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2025990$132,130,603$134,107,295-$1,976,692$980,596,953$100,178,887$880,418,066
March 31, 2024990$108,260,393$141,614,988-$33,354,595$997,532,478$102,265,208$895,267,270
March 31, 2023990$184,119,866$117,541,783$66,578,083$1,028,036,177$97,189,192$930,846,985
Financial details: 990 for the year ended March 31, 2025

Revenue

Contributions, gifts and grants
$114,227,920
of which government grants
$114,227,920
Program service revenue
$2,127,894
Investment income
$15,465,649
Other revenue
$309,140

Expenses

Grants and similar amounts paid
$105,000
Compensation of officers, directors and key employees
$10,410,555
Other salaries and wages
$44,247,705
Salaries, compensation and benefits (total)
$69,193,778
Professional fundraising fees
$0
Legal fees
$1,429,444
Accounting fees
$1,014,809
Occupancy
$4,325,985
Travel
$3,262,281
Depreciation
$4,988,701
Program services (functional)
$104,689,504
Management and general (functional)
$29,417,791

Balance sheet and other

Total assets, start of year
$997,532,478
Total assets, end of year
$980,596,953
Total liabilities, end of year
$100,178,887
Net assets, end of year
$880,418,066
Land, buildings and equipment
$26,873,438
Publicly traded securities
$362,067,251
Net assets without donor restrictions
$880,418,066
Gross receipts
$132,130,603
Employees
206
Volunteers
0
Year formed
1999
State of legal domicile
DE

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 March 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
S BOWSHERPRESIDENT/CEO & TRUSTEE
Trustee or director, Officer
40$2,436,535$1,520,309
M STROTTMANEVP, CHIEF OPERATING OFFICER
Officer
40$1,170,398$448,485
G HOYEMEVP, INVESTMENTS
Officer
40$1,177,013$155,139
B ADAMSEVP, GENERAL COUNSEL
Officer
40$852,809$152,975
A BERTONEMNG PTNR, CALIFORNIA
Highest-paid employee
40$804,106$181,265
J SOBRALCHIEF PEOPLE OFFICER
Highest-paid employee
40$764,026$191,833
M DICKENEVP, CAPABILITIES
Officer
40$789,043$145,564
J NELSONEVP, INTERNATIONAL
Officer
40$774,358$142,737
B JADEJASENIOR PARTNER
Highest-paid employee
40$742,728$122,943
T GILLESPIEMNG PTNR, WASHINGTON DC
Highest-paid employee
40$746,229$100,565
E CHIUSENIOR PARTNER
Highest-paid employee
40$700,589$118,635
E FOXEVP, PRODUCT MKT & COMM
Officer
40$666,179$146,053
S SEWALLEVP, STRATEGIC ISSUES
Officer
40$648,908$158,110
Y ZHENGEVP, CHIEF OF STAFF
Officer
40$658,894$118,698
M CROWCHAIRMAN & COMMITTEE CHAIR
Trustee or director
5$42,500$0
12 more people on this return
NameTitleHours / weekCompensation
H COX END 123124TRUSTEE & COMMITTEE CHAIR
Trustee or director
5$37,500
P BARRISTRUSTEE & COMMITTEE CHAIR
Trustee or director
5$37,500
J SMITH END 123124TRUSTEE & COMMITTEE CHAIR
Trustee or director
5$37,500
T SCHLEINTRUSTEE & COMMITTEE CHAIR
Trustee or director
5$35,000
M MULLENTRUSTEE
Trustee or director
5$35,000
S O'SULLIVANTRUSTEE & COMMITTEE CHAIR
Trustee or director
5$35,000
B SASSETRUSTEE
Trustee or director
5$35,000
G TENETTRUSTEE
Trustee or director
5$17,500
C DARBY END 9824TRUSTEE
Trustee or director
5$0
S CATZTRUSTEE
Trustee or director
5$0
S PRESTON EFF 1125TRUSTEE & COMMITTEE CHAIR
Trustee or director
5$0
A CHANDNA EFF 1125TRUSTEE
Trustee or director
5$0
990 for the year ended March 31, 2024: 28 people
NameTitleHours / weekCompensationOther / benefits
C DARBYCEO (END 9/8/23) & TRUSTEE
Trustee or director, Officer
40$4,957,127$75,864
S BOWSHERCEO (EFF 9/9/23) & TRUSTEE
Trustee or director, Officer
40$1,946,116$1,202,507
M STROTTMANCHIEF OPERATING OFFICER
Officer
40$1,061,426$491,377
G HOYEMEVP INVESTMENTS
Officer
40$795,489$259,604
B ADAMSEVP, GENERAL COUNSEL
Officer
40$795,477$146,890
M DICKENEVP, TECHNOLOGY PROGRAMS
Officer
40$707,713$138,432
J NELSONEVP INTERNATIONAL
Officer
40$667,413$166,377
T GILLESPIEMNG PTNR, WASHINGTON DC
Highest-paid employee
40$691,672$117,013
B JADEJASENIOR PARTNER
Highest-paid employee
40$699,001$97,384
S SEWALLEVP, NAT INNOV POLICY
Officer
40$613,892$166,494
E FOXEVP, PRODUCT MKT & COMM
Officer
40$613,860$166,386
E CHIUSENIOR PARTNER
Highest-paid employee
40$646,196$116,980
C GRAYSENIOR PARTNER
Highest-paid employee
40$637,127$116,844
D HANFLINGVICE PRESIDENT, TECHNOLOGY
Highest-paid employee
40$597,970$44,556
Y ZHENGCHIEF OF STAFF (EFF 12/13/23)
Officer
40$336,434$140,097
M CROWTRUSTEE, CHAIR, COMM CHAIR
Trustee or director
5$42,500$0
P BARRISTRUSTEE & COMMITTEE CHAIR
Trustee or director
5$37,500$0
A JONESTRUSTEE & COMM CHAIR (END 12/13/23)
Trustee or director
5$37,500$0
H COXTRUSTEE & COMMITTEE CHAIR
Trustee or director
5$37,500$0
T SCHLEINTRUSTEE
Trustee or director
5$35,000$0
M MULLENTRUSTEE
Trustee or director
5$35,000$0
G TENETTRUSTEE
Trustee or director
5$35,000$0
J SMITHTRUSTEE & COMM CHAIR (EFF 12/13/23)
Trustee or director
5$35,000$0
S O'SULLIVANTRUSTEE
Trustee or director
5$26,250$0
W HURDTRUSTEE (END 5/31/23)
Trustee or director
5$17,500$0
J MISCIKTRUSTEE (END 3/22/23)
Trustee or director
5$8,750$0
S CATZTRUSTEE
Trustee or director
5$0$0
B SASSETRUSTEE (EFF 3/20/24)
Trustee or director
5$0$0
990 for the year ended March 31, 2023: 28 people
NameTitleHours / weekCompensationOther / benefits
C DARBYCEO & TRUSTEE
Trustee or director, Officer
40$2,202,392$1,066,325
S BOWSHERPRESIDENT
Officer
40$1,693,854$866,263
M STROTTMANCHIEF OPERATING OFFICER
Officer
40$1,056,830$366,244
M DICKENEVP, TECHNOLOGY PROGRAMS
Officer
40$834,126$40,253
G HOYEMMANAGING PARTNER, WEST COAST
Officer
40$644,435$159,993
B ADAMSEVP, GENERAL COUNSEL
Officer
40$721,098$47,936
E FOXEVP, PRODUCT MARKETING & COMM.
Officer
40$633,148$66,225
S DAVIDSONEVP, IQT EMERGE (UNTIL 12/31/22)
Officer
40$614,331$66,373
B JADEJASENIOR PARTNER
Highest-paid employee
40$640,771$24,176
D LOBOSCOSVP, TECHNOLOGY
Highest-paid employee
40$592,498$69,997
S SEWALLEVP, STRATEGIC ISSUES
Officer
40$587,137$66,452
T GILLESPIEMANAGING PARTNER, WASHINGTON DC
Highest-paid employee
40$600,161$41,880
G GAFFNEYEVP, SENIOR FELLOW
Highest-paid employee
40$612,308$16,006
E CHIUSENIOR PARTNER
Highest-paid employee
40$561,515$41,863
J NELSONEVP, INT'L & CHIEF OF STAFF
Officer
40$464,396$66,218
P TAGUE UNTIL 040122FORMER EVP, IQT INTL & IQT LABS
Former
0$409,791$18,241
M CROWTRUSTEE, CHAIRMAN, COMMITTEE CHAIR
Trustee or director
5$42,500$0
P BARRISTRUSTEE & COMMITTEE CHAIR
Trustee or director
5$37,500$0
A JONESTRUSTEE & COMMITTEE CHAIR
Trustee or director
5$37,500$0
H COXTRUSTEE & COMMITTEE CHAIR
Trustee or director
5$37,500$0
T SCHLEINTRUSTEE
Trustee or director
5$35,000$0
M MULLENTRUSTEE
Trustee or director
5$35,000$0
G TENETTRUSTEE
Trustee or director
5$35,000$0
J SMITHTRUSTEE
Trustee or director
5$35,000$0
S O'SULLIVANTRUSTEE
Trustee or director
5$35,000$0
W HURDTRUSTEE
Trustee or director
5$35,000$0
J MISCIKTRUSTEE
Trustee or director
5$35,000$0
S CATZTRUSTEE
Trustee or director
5$0$0

Address and contacts

Address (IRS master file)
1800 TYSONS BLVD STE 1200, MC LEAN, VA 22102-4261
In care of
% MATTHEW STROTTMAN
Principal officer (990 for 2024)
MATTHEW STROTTMAN, 1800 TYSONS BLVD 1200, TYSONS, VA 22102
Signed the 990
MATTHEW STROTTMAN, EVP, CHIEF OPERATING OFFICER
Phone
(703) 248-3000
Return prepared by
KPMG LLP

Mission

IQT SERVES AND POWERS THE U.S. NATIONAL SECURITY AND ITS ALLIES THROUGH CUTTING-EDGE TECHNOLOGY, STRATEGIC INVESTMENTS, EXPLORATION AND APPLIED RESEARCH, AND ACCELERATION OF CAPABILITIES WITH THE GENERAL PUBLIC ULTIMATELY BENEFITTING FROM IQT'S WORK.

990 for the year ended March 31, 2025

Program accomplishments

  • SEE SCHEDULE O
    Expenses $104,689,504 · grants $105,000 · revenue $2,437,034

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 March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
52-2149962
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
2001
Accounting year ends
March
Files
Form 990 or 990-EZ
Assets (IRS master file)
$980,596,953
Income (IRS master file)
$132,130,603

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2025$132,130,603$134,107,295$980,596,953XML
990March 2024$108,260,393$141,614,988$997,532,478XML
990March 2023$184,119,866$117,541,783$1,028,036,177XML
990March 2022$166,203,888$116,414,366$1,033,475,545IRS
990March 2021–––IRS
990March 2020–––IRS
990March 2019–––IRS
990March 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 52-2149962).

Questions about IN-Q-TEL INC

What is the EIN of IN-Q-TEL INC?
The employer identification number (EIN) of IN-Q-TEL INC is 52-2149962.
Is IN-Q-TEL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to IN-Q-TEL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does IN-Q-TEL INC 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 IN-Q-TEL INC due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did IN-Q-TEL INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2025.
Who is the principal officer of IN-Q-TEL INC?
The 990 for the year ended March 31, 2025 names MATTHEW STROTTMAN.
Who are the officers and directors of IN-Q-TEL INC?
The 990 for the year ended March 31, 2025 lists 27 people; 23 received compensation from the organization, the highest $2,436,535 (S BOWSHER, PRESIDENT/CEO & TRUSTEE).
How much revenue does IN-Q-TEL INC have?
On its 990 for the year ended March 31, 2025 it reported revenue of $132,130,603, expenses of $134,107,295 and total assets of $980,596,953 at year end.

Other nonprofits in MC LEAN

All nonprofits in MC LEAN · Virginia · International, foreign affairs and national security