2023-09-13T15:46:25-05:00 2023-04-30 593070669 MSL PA 255 S ORANGE AVENUE SUITE 600 ORLANDO FL 32801 990 2022-05-01 050565287 ONPOINT TECHNOLOGIES INC ONPO 4078381400 750 S ORLANDO AVENUE 200 WINTER PARK FL 32789 JASON ROTTENBERG MANAGING DIRECTOR 4078381400 2023-09-13 1 JASON ROTTENBERG 999009999 0 KURT A ALTER CPA P00059492 4077405400 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X JASON ROTTENBERG 750 S ORLANDO AVENUE 200 WINTER PARK FL 32789 2523306 0 X WWW.ONPOINT.US X 2003 CO TO ADDRESS CRITICAL NEEDS OF THE UNITED STATES ARMY AND THE DEPARTMENT OF DEFENSE. X 4 2 0 0 0 0 0 0 0 0 -2085796 0 0 2523306 -2085796 2523306 0 0 0 0 108333 0 0 0 0 46219 0 154552 0 -2240348 2523306 560401 0 3008306 0 -2447905 0 THE ORGANIZATION'S PRINCIPAL MISSION IS TO DISCOVER AND SUPPORT COMPANIES AND PROGRAMS DEVELOPING INNOVATIVE TECHNOLOGIES TO ADDRESS CRITICAL NEEDS OF THE UNITED STATES ARMY AND THE DEPARTMENT OF DEFENSE. 0 0 MANAGEMENT OF CAPITAL TO SUPPORT THE ORGANIZATION'S PRINCIPAL MISSION OF DISCOVERING AND SUPPORTING COMPANIES AND PROGRAMS THAT DEVELOP INNOVATIVE TECHNOLOGIES TO ADDRESS CRITICAL NEEDS OF THE UNITED STATES ARMY AND THE DEPARTMENT OF DEFENSE. 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 2 1 1 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X AMY BROOKS 4078381400 750 S ORLANDO AVENUE SUITE 200 WINTER PARK FL 32789 X PAUL HOEPER CHAIRMAN, TRUSTEE 8.00 X X 0 0 0 RHETT HERNANDEZ TRUSTEE 8.00 X 0 0 0 ADAM GOOBIC TRUSTEE 40.00 X 0 0 0 JASON ROTTENBERG MANAGING DIRECTOR, TRUSTEE 20.00 X X 0 0 0 0 0 0 0 0 0 0 0 FORGIVENESS OF PRIOR ACCRUED MANA 900099 2523306 2523306 2523306 2523306 0 0 2523306 0 0 0 0 0 401 0 0 0 0 0 0 0 0 0 0 0 560000 0 0 0 560401 0 45127 0 2963179 0 3008306 0 X -2447905 0 -2447905 0 560401 0 X 2523306 -75401 X X 0 0 0 X 0 0 11303 2100 16 12 13431 13431 0.00000 0.98440 X ARSENAL VENTURE PARTNERS INC 35% CONTROLLED ENTITY OF TRUSTEE AND MANAGING DIRECTOR JASON ROTTENBERG DEFERRED MANAGEMENT FEE AND PAYABLES X 2963179 0 0 1 1 ARSENAL VENTURE PARTNERS INC 35% CONTROLLED ENTITY OF TRUSTEE AND MANAGING DIRECTOR JASON ROTTENBERG 2523306 FORGIVENESS OF DEFERRED MANAGEMENT FEES AND PAYABLES 0 EQUITY INVESTMENT IN COCONA, INC. 2023-09-16 75000 NOT TRADED ON RECOGNIZED MARKET ARSENAL VENTURE PARTNERS INC 750 S ORLANDO AVE SUITE 200 WINTER PARK FL 32789 C CORPORATION CASH 2023-09-16 401 CASH ARSENAL VENTURE PARTNERS INC 750 S ORLANDO AVE SUITE 200 WINTER PARK FL 32789 C CORPORATION 0 1 1 0 0 0 0 1 0 PART I, LINE 2E: PERSON(S) INVOLVED: JASON ROTTENBERG AND ADAM GOOBIC PART I, LINE 2E: EXPLANATION OF INVOLVEMENT: JASON ROTTENBERG IS A SHAREHOLDER OF ARSENAL VENUTURE PARTNERS, INC. ADAM GOOBIC IS AN INDEPENDENT CONTRACTOR FOR ARSENAL VENTURE PARTNERS, INC. SCHEDULE N, PART I THE ORGANIZATION ATTEMPTED TO SELL ITS EQUITY INVESTMENT IN COCONA, INC., BUT NO OFFERS WERE MADE BY A THIRD PARTY TO ACQUIRE THE ORGANIZATION'S HOLDINGS. THE INDEPENDENT TRUSTEES OF THE CORPORATION DETERMINED A REASONABLE OUTCOME WOULD BE TO DISTRIBUTE ITS SINGLE ILLIQUID ASSET, $401 OF CASH, AND THE REMAINING INVESTMENT TO ARSENAL VENTURE PARTNERS, INC, "THE MANAGEMENT COMPANY". IN RETURN, THE MANAGEMENT COMPANY AGREED TO TERMINATE THE EXISTING MANAGEMENT AGREEMENT AND RELEASE ALL CLAIMS AGAINST THE ORGANIZATION FOR PAST AND PRESENT LIABILITIES OWED. FORM 990, PART VI, SECTION A, LINE 2 JASON ROTTENBERG AND ADAM GOOBIC - BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS ENGAGED A MANAGEMENT COMPANY, ARSENAL VENTURE PARTNERS, INC. THE MANAGEMENT AGREEMENT PROVIDES, AMONG OTHER THINGS, THAT THE MANAGEMENT COMPANY ADMINISTER THE DAY-TO-DAY OPERATIONS OF THE ORGANIZATION, SERVE AS AN ADVISOR AND CONSULTANT IN CONNECTION WITH POLICY DECISIONS MADE BY THE GOVERNING BODY OF THE ORGANIZATION AND PERFORM ALL ADMINISTRATIVE AND MANAGERIAL FUNCTIONS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A TRUSTEES IN THE ALPHA CLASS OF THE BOARD OF TRUSTEES ARE SUBJECT TO APPROVAL BY THE UNITED STATES ARMY COMMUNICATIONS ELECTRONICS COMMAND (CECOM) UPON ELECTION BY MAJORITY VOTE OF THE THEN SERVING ALPHA CLASS TRUSTEES. THE REMAINING TRUSTEES ARE CONSIDERED THE BETA CLASS, WHICH IS SUBJECT TO APPOINTMENT BY THE MANAGEMENT COMPANY, ARSENAL VENTURE PARTNERS, INC. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN DECISIONS MADE BY THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY THE UNITED STATES ARMY COMMUNICATIONS ELECTRONICS COMMAND AND THE MANAGEMENT COMPANY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WILL BE REVIEWED INTERNALLY BY ONE OFFICER AND ONE TRUSTEE AS DESIGNATED BY THE GOVERNING BODY. THEREAFTER, FORM 990 WILL BE REVIEWED BY THE ENTIRE GOVERNING BODY BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REGULARLY AND CONSISTENTLY MONITORED AND ENFORCED. COMPLIANCE WITH THE POLICY IS MONITORED AND DOCUMENTED VIA REGULAR DISCUSSIONS AND DISCLOSURES AMONG THE TRUSTEES AND THE OFFICERS. FORM 990, PART VI, SECTION B, LINE 15 FOR DETERMINATION OF COMPENSATION AND BENEFIT PAYMENTS TO ANY OFFICERS OR TRUSTEES, THE ORGANIZATION ENGAGES AN INDEPENDENT THIRD-PARTY PROFESSIONAL CONSULTING FIRM TO PERFORM A COMPENSATION STUDY. COMPENSATION OF THE OFFICERS OR TRUSTEES IS SET BASED ON THE RECOMMENDATIONS RESULTING FROM THE STUDY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: TRANSFER OF NET ASSETS -75,401. FORM 990, PART XII, LINE 2C - OVERSIGHT OF AUDIT THE GOVERNING BODY IS RESPONSIBILE FOR THE SELECTION, MONITORING AND EVALUATION OF AN INDEPENDENT AUDIT FIRM AND OVERSIGHT OF ITS FINANCIAL STATEMENTS. THERE WAS NO CHANGE IN THE PROCESS FROM THE PRIOR YEAR.