STRATEGY STUDIO / PUBLIC DATA EXPLORER

ATIP FOUNDATION LLC: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
ATIP FOUNDATION LLC (EIN 45-2803441)
Tax period
2013-10-01 to 2014-09-30
Filed
2015-08-10
IRS object ID
201512229349300326
Schema version
2013v4.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2015-08-10T08:30:48-05:00ReturnTs
Tax Period End2014-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN751486711PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PSK LLPBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13001 MEDLIN DR STE 100AddressLine1
CityARLINGTONCity
StateTXState
ZIP Code76015ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN452803441EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ATIP FOUNDATION LLCBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlATIPBusinessNameControlTxt
Phone4109801943PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1505 E BORDER STREETAddressLine1
CityARLINGTONCity
StateTXState
ZIP Code76010ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWES JUREYPersonNm
Person TitleMANAGING MEMBERPersonTitleTxt
Phone4109801943PhoneNum
Signature2015-07-29SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKYLIE LINDSEYPreparerPersonNm
PTINP01266200PTIN
Phone8176643000PhoneNum
Preparation2015-07-30PreparationDt
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerCENTER FOR INNOVATION AT ARLINGTONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1505 E BORDER STREETAddressLine1
CityARLINGTONCity
StateTXState
ZIP Code76010ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$558,204GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.ATIPFOUNDATION.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2011FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionTHE ATIP FOUNDATION'S PURPOSE IS TO SERVE AS A CATALYST FOR THE COMMERCIALIZATION OF USDA RESEARCH OUTCOMES. THE FOUNDATION SUPPORTS A STRATEGIC APPROACH TO THE FORMATION OF COLLABORATIVE PARTNERSHIPS, FACILITATING AND ENABLING THE INTEGRATION OF INDUSTRY, ACADEMIC, AND GOVERNMENT RESEARCH AND DISCOVERY WITH VENTURE CAPITAL AND TALENT & KNOW HOW.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$165,000PYContributionsGrantsAmt
CY Contributions Grants$558,204CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$5PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$165,005PYTotalRevenueAmt
CY Total Revenue$558,204CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$121,373PYOtherExpensesAmt
CY Other Expenses$384,874CYOtherExpensesAmt
PY Total Expenses$121,373PYTotalExpensesAmt
CY Total Expenses$384,874CYTotalExpensesAmt
PY Revenues Less Expenses$43,632PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$173,330CYRevenuesLessExpensesAmt
Total Assets BOY$152,116TotalAssetsBOYAmt
Total Assets EOY$242,055TotalAssetsEOYAmt
Total Liabilities BOY$108,484TotalLiabilitiesBOYAmt
Total Liabilities EOY$25,093TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$43,632NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$216,962NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE ATIP FOUNDATION'S PURPOSE IS TO SERVE AS A CATALYST FOR THE COMMERCIALIZATION OF USDA RESEARCH OUTCOMES. THE FOUNDATION SUPPORTS A STRATEGIC APPROACH TO THE FORMATION OF COLLABORATIVE PARTNERSHIPS, FACILITATING AND ENABLING THE INTEGRATION OF INDUSTRY, ACADEMIC, AND GOVERNMENT RESEARCH AND DISCOVERY WITH VENTURE CAPITAL AND TALENT & KNOW HOW.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$384,874ExpenseAmt
DescTHE PRIMARY OBJECTIVE OF THE ATIP FOUNDATION (HEREINAFTER REFERRED TO AS THE "FOUNDATION") IS TO CREATE A NATIONALLY RECOGNIZED , INVESTOR BASED CONSORTIUM OF AGRI-BUSINESSES, UNIVERSITIES, ECONOMIC DEVELOPMENT ENTITIES, AND VENTURE FUNDS FOR THE DEVELOPMENT, IMPLEMENTATION, AND COMMERCIALIZATION OF USDA TECHNOLOGY DISCOVERIES, IN ORDER TO DEVELOP, AND EXPAND THE AGRICULTURE INDUSTRY. THE FOUNDATION SPECIFICALLY SEEKS TO IMPROVE THE COMPETITIVENESS AND PROFITABILITY OF THE AGRICULTURE AND AGRI- BUSINESS INDUSTRY SECTORS.Desc
Total Program Service Expenses$384,874TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredfalseScheduleORequiredInd
IRP Document1IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcfalseRegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonROBERT HERNANDEZPersonNm
Phone8172752613PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1505 E BORDER STREETAddressLine1
CityARLINGTONCity
StateTXState
ZIP Code76010ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
CENTER FOR INNOVATION LLC
MEMBER2.00Yes (X)$0$0$0
BEN FRANKLIN TECHNOLOGY DEVELOPMENT
MEMBER2.00Yes (X)$0$0$0
CALIFORNIA ALLIANCE FOR LOCAL ECONOM
MEMBER2.00Yes (X)$0$0$0
CENTER FOR INNOVATIVE FOOD TECHNOLOG
MEMBER2.00Yes (X)$0$0$0
GEORGIA RESEARCH ALLIANCE INC
MEMBER2.00Yes (X)$0$0$0
KANSAS BIOSCIENCE AUTHORITY
MEMBER2.00Yes (X)$0$0$0
INNOVATE MISSIPPI
MEMBER2.00Yes (X)$0$0$0
MARYLAND TECHNOLOGY DEVELOPMEN
MEMBER2.00Yes (X)$0$0$0
WISCONSIN SECURITY RESEARCH CONSORTI
MEMBER2.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CENTER FOR INNOVATION AT ARLINGTONBusinessNameLine1

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1505 E BORDER STREETAddressLine1
CityARLINGTONCity
StateTXState
ZIP Code76010ZIPCode
FieldValueIRS element (for citing)
ServicesADMINISTRATIVEServicesDesc
Compensation$161,000CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Membership Dues$50,000MembershipDuesAmt
Government Grants$178,204GovernmentGrantsAmt
All Other Contributions$330,000AllOtherContributionsAmt
Total Contributions$558,204TotalContributionsAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$558,204TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$13,525TotalAmt
Program Services$13,525ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$195,810TotalAmt
Program Services$195,810ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$898TotalAmt
Program Services$898ProgramServicesAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$914TotalAmt
Program Services$914ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$12,044TotalAmt
Program Services$12,044ProgramServicesAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
ADMINISTRATIVE FEES$161,000$161,000
SERVICE/FINANCE CHARGES$683$683

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$384,874TotalAmt
Program Services$384,874ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$102,116BOYAmt
EOY$142,055EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$50,000BOYAmt
EOY$70,000EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
EOY$30,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$152,116BOYAmt
EOY$242,055EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$58,484BOYAmt
EOY$25,093EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$50,000BOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$108,484BOYAmt
EOY$25,093EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$43,632BOYAmt
EOY$216,962EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$43,632BOYAmt
EOY$216,962EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$152,116BOYAmt
EOY$242,055EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$173,330ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$165,000CurrentTaxYearMinus1YearAmt
Current Tax Year$558,204CurrentTaxYearAmt
Total$723,204TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$5CurrentTaxYearMinus1YearAmt
Total$5TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$165,005CurrentTaxYearMinus1YearAmt
Current Tax Year$558,204CurrentTaxYearAmt
Total$723,209TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$723,209PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$165,005CurrentTaxYearMinus1YearAmt
Current Tax Year$558,204CurrentTaxYearAmt
Total$723,209TotalAmt
FieldValueIRS element (for citing)
First5 Years509Yes (X)First5Years509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONTHE ATIP FOUNDATION'S PURPOSE IS TO SERVE AS A CATALYST FOR THE COMMERCIALIZATION OF USDA RESEARCH OUTCOMES. THE FOUNDATION SUPPORTS A STRATEGIC APPROACH TO THE FORMATION OF COLLABORATIVE PARTNERSHIPS, FACILITATING AND ENABLING THE INTEGRATION OF INDUSTRY, ACADEMIC, AND GOVERNMENT RESEARCH AND DISCOVERY WITH VENTURE CAPITAL AND TALENT & KNOW HOW.
FORM 990, PAGE 6, PART VI, LINE 6MEMBERS
FORM 990, PAGE 6, PART VI, LINE 11BNO REVIEW WAS OR WILL BE CONDUCTED.
FORM 990, PAGE 6, PART VI, LINE 19DOCUMENTS AVAILABLE UPON REQUEST.
FORM 990, PART IX, LINE 11GPROFESSIONAL FEES 195,810 0 0