Nonprofit · EIN 87-3445071
FLOAT RESEARCH COLLECTIVE
Tax-exempt · KIHEI, HI 96753
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $192,574 | $137,901 | $54,673 | $311,433 | $3,119 | $308,314 |
| December 31, 2024 | 990 | $240,109 | $24,502 | $215,607 | $255,248 | $1,607 | $253,641 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $192,574
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $83,885
- Salaries, compensation and benefits (total)
- $91,381
- Professional fundraising fees
- $0
- Legal fees
- $1,600
- Accounting fees
- $2,552
- Travel
- $2,464
- Program services (functional)
- $130,377
- Management and general (functional)
- $4,269
- Fundraising (functional)
- $3,255
Balance sheet and other
- Total assets, start of year
- $255,248
- Total assets, end of year
- $311,433
- Total liabilities, end of year
- $3,119
- Net assets, end of year
- $308,314
- Land, buildings and equipment
- $202,113
- Net assets without donor restrictions
- $308,314
- Gross receipts
- $207,574
- Employees
- 2
- Volunteers
- 12
- Year formed
- 2021
- State of legal domicile
- HI
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JUSTIN FEINSTEIN | PRESIDENT Trustee or director, Officer | 40 | $66,638 |
| BROOKE FEINSTEIN | SECRETARY Officer | 8 | $17,247 |
| ANDY LARSON | TREASURER Trustee or director, Officer | 4 | $0 |
| SAHIB KHALSA | DIRECTOR Trustee or director | 2 | $0 |
| THOMAS FINE | DIRECTOR Trustee or director | 2 | $0 |
| COLIN STANWELL-SMITH | DIRECTOR Trustee or director | 2 | $0 |
| DYLAN CALM | DIRECTOR Trustee or director | 2 | $0 |
| SANDRA CALM | DIRECTOR Trustee or director | 2 | $0 |
| ANTIONETTA BASILE | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JUSTIN FEINSTEIN | PRESIDENT Trustee or director, Officer | 40 | $0 |
| ANDY LARSON | TREASURER Trustee or director, Officer | 4 | $0 |
| SAHIB KHALSA | DIRECTOR Trustee or director | 2 | $0 |
| THOMAS FINE | DIRECTOR Trustee or director | 2 | $0 |
| COLIN STANWELL-SMITH | DIRECTOR Trustee or director | 2 | $0 |
| DYLAN CALM | DIRECTOR Trustee or director | 2 | $0 |
| SANDRA CALM | DIRECTOR Trustee or director | 2 | $0 |
| ANTIONETTA BASILE | DIRECTOR Trustee or director | 2 | $0 |
| BROOKE FEINSTEIN | SECRETARY Officer | 8 | $0 |
Address and contacts
- Address (IRS master file)
- 1254 S KIHEI RD UNIT 1423, KIHEI, HI 96753-4058
- In care of
- % JUSTIN FEINSTEIN
- Mailing address (990-N for 2023)
- 1254 S Kihei Rd 1423, Kihei HI 96753
- Principal officer (990 for 2025)
- JUSTIN FEINSTEIN, 1254 S KIHEI RD 1423, KIHEI, HI 96753
- Principal officer (990-N for 2023)
- Justin Feinstein, 1254 S Kihei Rd 1423, Kihei HI 96753
- Signed the 990
- JUSTIN FEINSTEIN, TREASURER
- Phone
- (808) 727-0341
- Return prepared by
- WEGNER CPAS LLP
Mission
ESTABLISH WORLDWIDE ACCEPTANCE FOR FLOATATION-REST (REDUCED ENVIRONMENTAL STIMULATION THERAPY) AS A TREATMENT TO NATURALLY RELIEVE PAIN, STRESS, ANXIETY AND OTHER RELATED CONDITIONS.
Program accomplishments
- PROJECT ARCTURUS - CREATE A CLOUD BASED SYSTEM FOR COMMERCIAL FLOAT CENTERS TO CONNECT THEIR FREQUENT FLOATERS/MEMBERS TO REPORT INFORMATION SUCH AS HOW OFTEN THEY FLOAT, WHY THEY FLOAT, AND WHAT BENEFITS THEY RECEIVE FROM FLOATING. THIS WILL BE A GLOBAL STUDY AND THE PLAN IS TO OFFICIALLY PUBLISH THE RESULTS WHEN COMPLETED. 2025 HAS BEEN AN EXECUTION YEAR GETTING THE SOFTWARE SETUP TO BE ABLE TO ROLL OUT THE PROJECT TO FLOAT CENTERS IN 2026.Expenses $70,883
- MAUI CALM PROJECT - MAUI IS IN THE MIDST OF A MASSIVE MENTAL HEALTH CRISIS DUE TO THE HORRIFIC TRAUMA FROM THE FIRES. THE MAUI CALM PROJECT HAS BEEN SET UP TO PROVIDE A NEW TYPE OF DISASTER RELIEF, A PURPOSE BUILT CENTER TO OFFER FREE CLINICAL FLOAT THERAPY FOR ANYONE ON MAUI WHO IS SUFFERING FROM THE TRAUMA OF THE FIRES. CLINICAL FLOAT THERAPY IS A SAFE AND NON-INVASIVE TREATMENT THAT HAS BEEN SHOWN TO HELP PEOPLE WITH TRAUMA, ANXIETY AND PTSD. BUILT INTO SHIPPING CONTAINERS, THESE FLOAT CENTERS CAN BE RAPIDLY DEPLOYED TO MAUI AND PLACED NEAR LAHAINA IN ORDER TO MAKE THE THERAPY AS ACCESSIBLE AS POSSIBLE TO EVERYONE WHO HAS BEEN TRAUMATIZED.WE RECEIVED APPROVAL FROM HAWAII COMMUNITY FOUNDATION FOR A $238K GRANT IN 2024 TO BE PAID IN TWO INSTALLMENTS IN 2025. WE ADDITIONALLY RAISED THE FUNDS REQUIRED BY THE TERMS OF THIS GRANT TO UNLOCK THE FIRST PAYMENT. THESE ADDITIONAL FUNDS WERE TO ALLOW MANUFACTURING TO COMMENCE ON A 3 ROOM FLOAT CENTER IN A 40 FOOT SHIPPING CONTAINER. THIS WILL THEN BE SHIPPED TO MAUI AND SETUP ON THE GROUND IN LAHAINA NEAR WHERE THE FIRES OCCURRED. THE GRANT WILL FUND THE FIRST FULL YEAR OF OPERATIONS TO ALLOW ALL FIRST RESPONDERS AND FIRE SURVIVORS (OR ANYONE AFFECTED BY THE FIRES) TO FLOAT FOR FREE. THIS IS CALLED THE MAUI CALM PROJECT - WWW.MAUICALM.ORG. THE FIRST HALF WAS RECEIVED IN 2025, WE ARE STILL AWAITING THE COMPLETION AND SHIPPING OF THE FLOAT CONTAINER FROM THE UK TO MAUI AS OF EARLY 2026.Expenses $59,494
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 87-3445071
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Medical research (H12)
- Assets (IRS master file)
- $311,433
- Income (IRS master file)
- $207,574
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $192,574 | $137,901 | $311,433 | IRS |
| 990 | December 2024 | $240,109 | $24,502 | $255,248 | XML |
| 990-N for 2023 Officer: Justin Feinstein | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2022 Officer: Justin Feinstein | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
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 87-3445071).
Questions about FLOAT RESEARCH COLLECTIVE
- What is the EIN of FLOAT RESEARCH COLLECTIVE?
- The employer identification number (EIN) of FLOAT RESEARCH COLLECTIVE is 87-3445071.
- Is FLOAT RESEARCH COLLECTIVE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to FLOAT RESEARCH COLLECTIVE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FLOAT RESEARCH COLLECTIVE 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 FLOAT RESEARCH COLLECTIVE due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FLOAT RESEARCH COLLECTIVE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of FLOAT RESEARCH COLLECTIVE?
- The 990 for the year ended December 31, 2025 names JUSTIN FEINSTEIN.
- Who are the officers and directors of FLOAT RESEARCH COLLECTIVE?
- The 990 for the year ended December 31, 2025 lists 9 people; 2 received compensation from the organization, the highest $66,638 (JUSTIN FEINSTEIN, PRESIDENT).
- How much revenue does FLOAT RESEARCH COLLECTIVE have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $192,574, expenses of $137,901 and total assets of $311,433 at year end.
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