ONPOINT TECHNOLOGIES INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: ONPOINT TECHNOLOGIES INC (EIN 05-0565287)
Tax period: 2020-05-01 to 2021-04-30
Filed: 2022-03-16
IRS object ID: 202220759349300237
Schema version: 2020v4.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule D
Schedule J
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-03-16T10:28:07-05:00	ReturnTs
Tax Period End	2021-04-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	593070669	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	MSL PA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	255 S ORANGE AVENUE SUITE 600	AddressLine1Txt
City	ORLANDO	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	32801	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2020-05-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	050565287	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ONPOINT TECHNOLOGIES INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	ONPO	BusinessNameControlTxt
Phone	4078381400	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	750 S ORLANDO AVENUE NO 200	AddressLine1Txt
City	WINTER PARK	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	32789	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JASON ROTTENBERG	PersonNm
Person Title	MANAGING DIRECTOR	PersonTitleTxt
Phone	4078381400	PhoneNum
Signature	2022-03-16	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	JASON	PersonFirstNm
Person Last	ROTTENBERG	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	ANTHONY C LOSURDO JR	PreparerPersonNm
PTIN	P01390899	PTIN
Phone	4077405400	PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2020	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	JASON ROTTENBERG	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	750 S ORLANDO AVENUE NO 200	AddressLine1Txt
City	WINTER PARK	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	32789	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$16	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.ONPOINT.US	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2003	FormationYr
Legal Domicile State	CO	LegalDomicileStateCd
Activity Or Mission	TO ADDRESS CRITICAL NEEDS OF THE UNITED STATES ARMY AND THE DEPARTMENT OF DEFENSE.	ActivityOrMissionDesc
Voting Members Governing Body	4	VotingMembersGoverningBodyCnt
Voting Members Independent	0	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$0	PYProgramServiceRevenueAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
PY Investment Income	$2,100	PYInvestmentIncomeAmt
CY Investment Income	-$2,184,664	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$2,100	PYTotalRevenueAmt
CY Total Revenue	-$2,184,664	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$1,058,000	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$1,018,667	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$73,952	PYOtherExpensesAmt
CY Other Expenses	$55,157	CYOtherExpensesAmt
PY Total Expenses	$1,131,952	PYTotalExpensesAmt
CY Total Expenses	$1,073,824	CYTotalExpensesAmt
PY Revenues Less Expenses	-$1,129,852	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$3,258,488	CYRevenuesLessExpensesAmt
Total Assets BOY	$11,792,841	TotalAssetsBOYAmt
Total Assets EOY	$2,904,583	TotalAssetsEOYAmt
Total Liabilities BOY	$2,564,713	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$3,112,140	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$9,228,128	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	-$207,557	NetAssetsOrFundBalancesEOYAmt
Mission	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.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$1,001,556	ExpenseAmt
Desc	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.	Desc
Total Program Service Expenses	$1,001,556	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	0	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	Yes (1)	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	0	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	Yes (1)	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	Yes (1)	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	3	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	4	GoverningBodyVotingMembersCnt
Independent Voting Member	0	IndependentVotingMemberCnt
Family Or Business Rln	Yes (1)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	Yes (1)	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	Yes (1)	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	AMY BROOKS	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	4078381400	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	750 S ORLANDO AVENUE SUITE 200	AddressLine1Txt
City	WINTER PARK	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	32789	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (4 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd
ADAM GOOBIC
TRUSTEE	40.00	Yes (X)	$0	$0	$0
JASON ROTTENBERG
MANAGING DIRECTOR, TRUSTEE	20.00	Yes (X)	$0	$0	$0	Yes (X)
PAUL HOEPER
CHAIRMAN, TRUSTEE	8.00	Yes (X)	$35,167	$0	$0	Yes (X)
RHETT HERNANDEZ
TRUSTEE	8.00	Yes (X)	$31,000	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$66,167	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ARSENAL VENTURE PARTNERS INC	BusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	750 S ORLANDO AVE SUITE 200	AddressLine1Txt
City	WINTER PARK	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	32789	ZIPCd

Field	Value	IRS element (for citing)
Services	MANAGEMENT SERVICES	ServicesDesc
Compensation	$900,000	CompensationAmt

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	1	CntrctRcvdGreaterThan100KCnt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$16	TotalRevenueColumnAmt
Exclusion	$16	ExclusionAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Other	$2,184,680	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Other	-$2,184,680	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$2,184,680	TotalRevenueColumnAmt
Related Or Exempt Func Income	-$2,184,680	RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$2,184,664	TotalRevenueColumnAmt
Related Or Exempt Func Income	-$2,184,680	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$16	ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$66,167	TotalAmt
Program Services	$49,056	ProgramServicesAmt
Management And General	$17,111	ManagementAndGeneralAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$952,500	TotalAmt
Program Services	$952,500	ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$7,087	TotalAmt
Management And General	$7,087	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$24,970	TotalAmt
Management And General	$24,970	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$23,100	TotalAmt
Management And General	$23,100	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,073,824	TotalAmt
Program Services	$1,001,556	ProgramServicesAmt
Management And General	$72,268	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$325,072	BOYAmt
EOY	$218,774	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$401	BOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$11,467,368	BOYAmt
EOY	$2,685,809	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$11,792,841	BOYAmt
EOY	$2,904,583	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$51,535	BOYAmt
EOY	$148,961	EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

Field	Value	IRS element (for citing)
BOY	$2,513,178	BOYAmt
EOY	$2,963,179	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$2,564,713	BOYAmt
EOY	$3,112,140	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$9,228,128	BOYAmt
EOY	-$207,557	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$9,228,128	BOYAmt
EOY	-$207,557	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$11,792,841	BOYAmt
EOY	$2,904,583	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$3,258,488	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$6,177,197	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	0	FSAuditedInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus3 Years	$1,500,000	CurrentTaxYearMinus3YearsAmt
Total	$1,500,000	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus3 Years	$1,500,000	CurrentTaxYearMinus3YearsAmt
Total	$1,500,000	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total170	$1,500,000	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$23	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$10,406	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$11,303	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,100	CurrentTaxYearMinus1YearAmt
Current Tax Year	$16	CurrentTaxYearAmt
Total	$23,848	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$1,523,848	TotalSupportAmt
Public Support CY170	0.98440	PublicSupportCY170Pct
Public Support PY170	0.95900	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$0	TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp (2 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
EQUITY INVESTMENT IN PETRA SYSTEMS, INC.	$40,000	F
EQUITY INVESTMENT IN COCONA, INC.	$2,645,809	F

Field	Value	IRS element (for citing)
Total Book Value Program Rltd	$2,685,809	TotalBookValueProgramRltdAmt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Independent Consultant	Yes (X)	IndependentConsultantInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	0	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	FORM 990, PART VII, SECTION A, LINE 5	FormAndLineReferenceDesc
Explanation	JASON ROTTENBERG AND ADAM GOOBIC ARE TRUSTEES OF THE FILING ORGANIZATION AND WERE COMPENSATED BY ARSENAL VENTURE PARTNERS, INC., AN UNRELATED ENTITY THAT SERVES AS THE MANAGEMENT COMPANY, FOR SERVICES PROVIDED TO THE FILING ORGANIZATION ACCORDING TO THE TERMS OF THE MANAGEMENT AGREEMENT. THE COMPENSATION DISCLOSED IN SCHEDULE J, PART II REPRESENTS A PORTION OF THE MANAGEMENT FEE PAID BY THE FILING ORGANIZATION TO ARSENAL VENTURE PARTNERS, INC. FOR THE SERVICES RENDERED BY JASON ROTTENBERG AND ADAM GOOBIC. THE FILING ORGANIZATION DOES NOT HAVE ACCESS TO THE RECORDS NECESSARY TO REPORT THE TYPE AND AMOUNT OF COMPENSATION PAID BY ARSENAL VENTURE PARTNERS, INC. TO JASON ROTTENBERG OR ADAM GOOBIC FOR THE SERVICES PROVIDED.	ExplanationTxt

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ARSENAL VENTURE PARTNERS INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Relationship With Org	35% CONTROLLED ENTITY OF TRUSTEE AND MANAGING DIRECTOR JASON ROTTENBERG	RelationshipWithOrgTxt
Loan Purpose	DEFERRED MANAGEMENT FEE AND PAYABLES	LoanPurposeTxt
Loan To Organization	Yes (X)	LoanToOrganizationInd
Original Principal	$2,963,179	OriginalPrincipalAmt
Balance Due	$2,963,179	BalanceDueAmt
Default	0	DefaultInd
Board Or Committee Approval	Yes (1)	BoardOrCommitteeApprovalInd
Written Agreement	0	WrittenAgreementInd

Field	Value	IRS element (for citing)
Total Balance Due	$2,963,179	TotalBalanceDueAmt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ARSENAL VENTURE PARTNERS INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Relationship Description	35% CONTROLLED ENTITY OF TRUSTEE AND MANAGING DIRECTOR JASON ROTTENBERG	RelationshipDescriptionTxt
Transaction	$900,000	TransactionAmt
Transaction	INDEPENDENT CONTRACTOR COMPENSATION	TransactionDesc
Sharing Of Revenues	0	SharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
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 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.