CHARLES STARK DRAPER LABORATORY INC: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- CHARLES STARK DRAPER LABORATORY INC (EIN 04-2505372)
- Tax period
- 2013-06-29 to 2014-06-27
- Filed
- 2015-01-29
- IRS object ID
- 201520299349300742
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-01-29T15:00:51-06:00 | ReturnTs |
| Tax Period End | 2014-06-27 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 043077056 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOODY FAMIGLIETTI & ANDRONICO LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 HIGHWOOD DRIVE | AddressLine1 |
| City | TEWKSBURY | City |
| State | MA | State |
| ZIP Code | 01876 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-06-29 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042505372 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARLES STARK DRAPER LABORATORY INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHAR | BusinessNameControlTxt |
| Phone | 6172581000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 TECHNOLOGY SQUARE MS 34 | AddressLine1 |
| City | CAMBRIDGE | City |
| State | MA | State |
| ZIP Code | 02139 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELIZABETH MORA | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 6172581000 | PhoneNum |
| Signature | 2015-01-28 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOYCE RIPIANZI CPA | PreparerPersonNm |
| PTIN | P00548581 | PTIN |
| Phone | 9785575300 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ELIZABETH MORA | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 TECHNOLOGY SQUARE MS 34 | AddressLine1 |
| City | CAMBRIDGE | City |
| State | MA | State |
| ZIP Code | 02139 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $555,895,206 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.DRAPER.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1973 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | PIONEER IN THE APPLICATION OF SCIENCE AND TECHNOLOGY IN THE NATIONAL INTEREST. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 1826 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $9,753,016 | PYContributionsGrantsAmt |
| CY Contributions Grants | $7,639,081 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $516,418,912 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $512,869,633 | CYProgramServiceRevenueAmt |
| PY Investment Income | $9,481,470 | PYInvestmentIncomeAmt |
| CY Investment Income | $10,583,255 | CYInvestmentIncomeAmt |
| PY Other Revenue | $7,090,020 | PYOtherRevenueAmt |
| CY Other Revenue | $7,515,403 | CYOtherRevenueAmt |
| PY Total Revenue | $542,743,418 | PYTotalRevenueAmt |
| CY Total Revenue | $538,607,372 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $3,836,835 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $3,348,989 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $210,888,361 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $214,595,955 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $310,852,311 | PYOtherExpensesAmt |
| CY Other Expenses | $315,666,669 | CYOtherExpensesAmt |
| PY Total Expenses | $525,577,507 | PYTotalExpensesAmt |
| CY Total Expenses | $533,611,613 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $17,165,911 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $4,995,759 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $547,854,748 | TotalAssetsBOYAmt |
| Total Assets EOY | $595,667,672 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $214,071,020 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $233,610,390 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $333,783,728 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $362,057,282 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO SERVE THE NATIONAL INTEREST IN APPLIED RESEARCH, ENGINEERING DEVELOPMENT, EDUCATION, AND TECHNOLOGY TRANSFER BY HELPING OUR SPONSORS CLARIFY THEIR REQUIREMENTS AND CONCEPTUALIZE INNOVATIVE SOLUTIONS TO THEIR PROBLEMS. DEMONSTRATING THOSE SOLUTIONS THROUGH THE DESIGN AND DEVELOPMENT OF FIELDABLE ENGINEERING PROTOTYPES. TRANSITIONING OUR PRODUCTS AND PROCESSES TO INDUSTRY FOR PRODUCTION, AND PROVIDING FOLLOW-ON SUPPORT. PROMOTING AND SUPPORTING ADVANCED TECHNICAL EDUCATION. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $318,013,274 | ExpenseAmt |
| Grant | $308,861 | GrantAmt |
| Revenue | $339,906,778 | RevenueAmt |
| Desc | STRATEGIC SYSTEMS:FOR MORE THAN 50 YEARS, DRAPER HAS BEEN DESIGNING AND DEVELOPING INERTIAL GUIDANCE SYSTEMS FOR STRATEGIC MISSILE APPLICATIONS. WE HAVE BEEN RESPONSIBLE FOR ALL OF THE U.S. NAVY'S STRATEGIC GUIDANCE SYSTEMS AND ARE CURRENTLY EXTENDING MK6 SYSTEM LIFE TO 2042 THROUGH AN EXTENSIVE MODERNIZATION EFFORT THAT UTILIZES COMMON PROCESSOR AND OTHER KEY TECHNICAL INNOVATIONS TO IMPROVE RELIABILITY AND SYSTEM PERFORMANCE WHILE REDUCING COST OF OWNERSHIP. WE HAVE ALSO DESIGNED THE GUIDANCE SYSTEM FOR THE AIR FORCE PEACEKEEPER ICBM.DRAPER GUIDANCE SYSTEMS ARE DESIGNED WITH UNSURPASSED RELIABILITY, AND THE ELECTRONICS AND MATERIALS CAN OPERATE IN HARSH ENVIRONMENTS, INCLUDING WITHSTANDING HIGH-ENERGY NUCLEAR RADIATION, THERMAL SHOCK, AND MISSILE VIBRATIONS. KEY TO THE ACCURACY OF ANY INERTIAL GUIDANCE SYSTEM IS THE INERTIAL SENSORS THAT MUST WITHSTAND AND RECOVER QUICKLY FROM THE EFFECTS OF THE RADIATION.FOR THE FUTURE, DRAPER IS APPLYING ITS GUIDANCE, NAVIGATION, AND CONTROL (GN&C) SKILLS FOR NON-NUCLEAR MISSIONS. INERTIAL GUIDANCE IS BEING COMBINED WITH GPS-AIDED TECHNOLOGIES FOR PROMPT GLOBAL STRIKE DEMONSTRATIONS. MORE RECENTLY, DRAPER IS APPLYING ITS INERTIAL GUIDANCE EXPERTISE TO SUBMARINE NAVIGATION AND STRATEGIC WEAPONS SECURITY. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $140,675,315 | ExpenseAmt |
| Grant | $1,684,856 | GrantAmt |
| Revenue | $151,204,655 | RevenueAmt |
| Desc | NATIONAL SECURITY & SPACE PROGRAMS:DRAPER SPACE SYSTEMS PROVIDES ADVANCED GN&C SYSTEMS, HIGH-PERFORMANCE SPACE SCIENCE INSTRUMENTS, AND RELIABLE AND HIGH-PERFORMANCE PROCESSING SYSTEMS ADDRESSING OUR NASA AND MILITARY SPACE CUSTOMER'S NEEDS FOR PLANETARY EXPLORATION, SPACE AND EARTH SCIENCE, AND NATIONAL SECURITY.WE ARE AN INDEPENDENT AGENT THAT CAN PARTNER WITH THE GOVERNMENT TO DEVELOP CRITICAL MISSION-LEVEL TECHNOLOGY AND PERFORM EFFICIENT TECHNOLOGY TRANSFER TO INDUSTRY. WE ARE A LAB WITH CLOSE TIES TO THE SCIENCE INVESTIGATORY COMMUNITY THAT CAN APPLY INNOVATIVE TECHNOLOGY TO SPACE MISSIONS. AS SUCH, WE ARE NASA'S TECHNOLOGY DEVELOPMENT PARTNER AND TRANSITION AGENT FOR PLANETARY EXPLORATION, WE PROVE MISSION-CRITICAL GUIDANCE, NAVIGATION & CONTROL (GN&C) AND HIGH-PERFORMANCE SCIENCE INSTRUMENTS, AND ADDRESSES CRITICAL, UNMET NEEDS OF THE NATIONAL SECURITY SPACE SECTOR.DRAPER DELIVERS DEFENSE MISSION SYSTEMS AND COMBAT SOLUTIONS AS A HIGHLY VALUED GOVERNMENT PARTNER AND DESIGN AGENT FOR OUR SPONSORS' MOST DIFFICULT PROBLEMS. WE PROVIDE TRUSTED, RELIABLE MARITIME INTELLIGENCE, SURVEILLANCE, RECONNAISSANCE (ISR), EXTREME MINIATURE SOLUTIONS FOR PRECISION ENGAGEMENT, HIGHLY ACCURATE GUIDED AERIAL DELIVERY, SOLDIER-CENTERED SOLUTIONS, SECURE ELECTRONICS AND COMMUNICATIONS, AND EARLY INTERCEPT GUIDANCE FOR MISSILE DEFENSE ENGAGEMENT. WE HELP OUR SPONSORS TO CLARIFY THEIR REQUIREMENTS, ESTABLISH GOVERNMENT-OWNED DESIGNS, AND CREATE SYSTEM PROTOTYPES.DRAPER'S DIVERSE RANGE OF ENGINEERING CAPABILITIES ARE BEING INTEGRATED AND APPLIED TO CONCEPT DEVELOPMENT, PROTOTYPING, LOW-RATE PRODUCTION, AND FIELD SUPPORT FOR FIRST-OF-A-KIND SYSTEMS FOR OUR SPONSORS IN TAGGING, TRACKING AND LOCATING; NAVIGATION AND COMMUNICATIONS; TASKING, PROCESSING, AND EXPLOITATION; HUMAN SYSTEMS; AND SENSORS AND NETWORKS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $20,498,878 | ExpenseAmt |
| Grant | $1,355,272 | GrantAmt |
| Revenue | $21,758,200 | RevenueAmt |
| Desc | CIVIL PROGRAMS:BY APPLYING NEW TOOLS AND HARNESSING TECHNOLOGIES FROM THE PHYSICAL SCIENCES AND ENGINEERING, DRAPER IS CREATING NOVEL SOLUTIONS TO TODAY'S CRITICAL ISSUES IN HEALTHCARE. DRAPER'S ANALYTICAL EXPERTISE CAN BE USED FOR SENSOR SYSTEMS AND CLINICAL DECISION SUPPORT. OUR EXPERTISE IN MICROELECTROMECHANICAL SYSTEMS (MEMS), MICROFLUIDICS, AND ELECTRONICS MINIATURIZATION IS ENABLING SOLUTIONS FOR SMART MEDICAL DEVICES AND ORGAN-ASSIST DEVICES.DRAPER LABORATORY IS APPLYING OUR EXPERTISE IN SENSORS, CONTROLS, SIMULATION, AND REAL-TIME DATA ANALYSIS TO TRANSFORM THE CLEANLINESS, EFFICIENCY, SAFETY, AND SECURITY OF ENERGY PRODUCTION, DISTRIBUTION, TRANSMISSION, AND USAGE. THE LABORATORY IS BRINGING "ROCKET SCIENCE" TECHNOLOGY TO AN INDUSTRY THAT IS IN NEED OF INNOVATIVE SOLUTIONS TO MERGE ITS TRADITIONAL INFRASTRUCTURE WITH EMERGING ENERGY NEEDS AND REQUIREMENTS. FOR EXAMPLE, DRAPER'S TRADEMARKED TIMELINER SOFTWARE, DEVELOPED TO CONTROL AND MONITOR INSTRUMENTS ONBOARD THE SPACE SHUTTLE, IS BEING USED TO MONITOR THE RELIABILITY, EFFICIENCY, AND PERFORMANCE OF EQUIPMENT THROUGHOUT COAL-FIRED POWER PLANTS, REDUCING GREEN HOUSE GAS EMISSIONS, AND ENHANCING PLANT RELIABILITY. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $479,187,467 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | 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 |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | 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 | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (1) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| 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 | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 275 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1826 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| 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 |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | 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 |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PATRICIA MCLAUGHLIN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6172581000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 TECHNOLOGY SQUARE MS 34 | AddressLine1 |
| City | CAMBRIDGE | City |
| State | MA | State |
| ZIP Code | 02139 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (30 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| WILLIAM F BALLHAUS JR | |||||||||
| DIRECTOR | 4.00 | Yes (X) | $37,395 | $0 | $0 | ||||
| JOHN A GORDON | |||||||||
| CHAIRMAN (THRU 10/13) | 8.00 | Yes (X) | $53,973 | $0 | $0 | Yes (X) | |||
| SHERWIN GREENBLATT THRU 1013 | |||||||||
| DIRECTOR | 4.00 | Yes (X) | $24,750 | $0 | $0 | ||||
| MIRIAM E JOHN | |||||||||
| DIRECTOR | 3.00 | Yes (X) | $34,750 | $0 | $0 | ||||
| FRANKLIN C MILLER | |||||||||
| CHAIRMAN (SINCE 10/13) | 8.00 | Yes (X) | $61,216 | $0 | $0 | Yes (X) | |||
| GEORGE M MILNE JR | |||||||||
| DIRECTOR | 4.00 | Yes (X) | $48,073 | $0 | $0 | ||||
| M ELISABETH PATE-CORNELL | |||||||||
| DIRECTOR | 3.00 | Yes (X) | $20,750 | $0 | $0 | ||||
| PETER B TEETS | |||||||||
| DIRECTOR | 3.00 | Yes (X) | $35,820 | $0 | $0 | ||||
| RICHARD D WHITE | |||||||||
| DIRECTOR | 4.00 | Yes (X) | $38,267 | $0 | $0 | ||||
| JAMES D SHIELDS | |||||||||
| PRESIDENT AND CEO | 40.00 | Yes (X) | $668,229 | $0 | $241,779 | Yes (X) | |||
| FRANK H AKERS JR | |||||||||
| DIRECTOR | 3.00 | Yes (X) | $34,000 | $0 | $0 | ||||
| DANIEL E HASTINGS | |||||||||
| DIRECTOR | 3.00 | Yes (X) | $35,250 | $0 | $0 | ||||
| RICHARD T ROCA | |||||||||
| DIRECTOR | 3.00 | Yes (X) | $39,592 | $0 | $0 | ||||
| LENA GOLDBERG SINCE 1013 | |||||||||
| DIRECTOR | 3.00 | Yes (X) | $8,250 | $0 | $0 | ||||
| JOANNE M MAQUIRE SINCE 1013 | |||||||||
| DIRECTOR | 3.00 | Yes (X) | $12,125 | $0 | $0 | ||||
| JOHN R DOWDLE | |||||||||
| VP OF ENGINEERING | 40.00 | $375,681 | $0 | -$153,323 | Yes (X) | ||||
| ELIZABETH MORA | |||||||||
| CFO & TREASURER | 40.00 | $406,043 | $0 | $61,786 | Yes (X) | ||||
| LEN POLIZZOTTO THRU 1013 | |||||||||
| VP OF STRAT BUS DEV & MARK | 40.00 | $915,539 | $0 | $38,001 | Yes (X) | ||||
| DARRYL G SARGENT | |||||||||
| VP OF NATIONAL SECURITY & SPACE SYSTEMS | 40.00 | $382,572 | $0 | -$151,790 | Yes (X) | ||||
| MELINDA J BROWN | |||||||||
| DIR. OF LEGAL & SECRETARY | 40.00 | $223,849 | $0 | $26,260 | Yes (X) | ||||
| STEVEN DITULLIO | |||||||||
| VP OF STRAT SYSTEMS | 40.00 | $349,346 | $0 | -$99,889 | Yes (X) | ||||
| JEFFREY M BENTLEY SINCE 313 | |||||||||
| VP CIVIL PROGRAMS | 40.00 | $238,847 | $0 | $87,692 | Yes (X) | ||||
| PAUL ROSENSTRACH | |||||||||
| PROGRAM DIRECTOR | 40.00 | $300,983 | $0 | $40,831 | Yes (X) | ||||
| JACK BARRY | |||||||||
| PRINCIPAL DIR. ADMINISTRAT | 40.00 | $243,449 | $0 | $38,459 | Yes (X) | ||||
| PHILIP S BABCOCK IV | |||||||||
| DIR OF ENGINEERING OPS | 40.00 | $258,521 | $0 | $37,384 | Yes (X) | ||||
| RICHARD JOHN RUSSELL | |||||||||
| DIRECTOR OF SPECIAL OPERAT | 40.00 | $255,925 | $0 | $37,330 | Yes (X) | ||||
| FRANK J SERNA | |||||||||
| PRINCIPAL DIR. MARKETING | 40.00 | $270,618 | $0 | $44,503 | Yes (X) | ||||
| NEIL J ADAMS | |||||||||
| PROGRAM DIRECTOR | 40.00 | $266,864 | $0 | $44,026 | Yes (X) | ||||
| WILLIAM B RHORER | |||||||||
| PROGRAM DIRECTOR | 40.00 | $257,341 | $0 | $43,034 | Yes (X) | ||||
| JOHN W STILLWELL THRU 1012 | |||||||||
| FORMER VP OF STRATEGIC SYSTEMS | 20.00 | $148,000 | $0 | $0 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $6,046,018 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $336,083 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 857 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| FOLEY & LARDNER LLP | |||||
| 111 HUNTINGTON AVE | BOSTON | MA | 02199 | LEGAL SERVICES | $715,522 |
| MRAC LLC | |||||
| 19 LINWOLD DR | WEST HARTFORD | CT | 06107 | CONSULTING SERVICES | $558,758 |
| GOODWIN PROCTER LLP | |||||
| 53 STATE STREET | BOSTON | MA | 02109 | LEGAL SERVICES | $502,573 |
| HOLLAND & KNIGHT LLP | |||||
| 10 ST JAMES AVE | BOSTON | MA | 02116 | LEGAL SERVICES | $391,569 |
| DEMARS SHEET METAL | |||||
| 354 UNION ST | LEOMINSTER | MA | 01453 | OUTSIDE SERVICES | $329,493 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 20 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $7,639,081 | GovernmentGrantsAmt |
| Total Contributions | $7,639,081 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROGRAM SERVICE REVENUE | Desc |
| Business | 541700 | BusinessCd |
| Total Revenue Column | $512,869,633 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $512,869,633 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $512,869,633 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,982,190 | TotalRevenueColumnAmt |
| Exclusion | $2,982,190 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,775,771 | TotalRevenueColumnAmt |
| Exclusion | $1,775,771 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $7,774,453 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,034,821 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $5,739,632 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,739,632 | TotalRevenueColumnAmt |
| Exclusion | $5,739,632 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $22,645,445 | SecuritiesAmt |
| Other | $208,633 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $15,124,652 | SecuritiesAmt |
| Other | $128,361 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $7,520,793 | SecuritiesAmt |
| Other | $80,272 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,601,065 | TotalRevenueColumnAmt |
| Exclusion | $7,601,065 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $538,607,372 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $512,869,633 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $18,098,658 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,348,989 | TotalAmt |
| Program Services | $3,348,989 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,823,347 | TotalAmt |
| Management And General | $4,823,347 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $151,053,609 | TotalAmt |
| Program Services | $135,434,794 | ProgramServicesAmt |
| Management And General | $15,618,815 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,386,268 | TotalAmt |
| Program Services | $13,885,215 | ProgramServicesAmt |
| Management And General | $2,501,053 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,472,109 | TotalAmt |
| Program Services | $28,519,636 | ProgramServicesAmt |
| Management And General | $2,952,473 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,860,622 | TotalAmt |
| Program Services | $9,063,319 | ProgramServicesAmt |
| Management And General | $1,797,303 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,202,554 | TotalAmt |
| Program Services | $1,578,630 | ProgramServicesAmt |
| Management And General | $623,924 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $370,706 | TotalAmt |
| Management And General | $370,706 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $634,470 | TotalAmt |
| Management And General | $634,470 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,734,124 | TotalAmt |
| Program Services | $13,046,663 | ProgramServicesAmt |
| Management And General | $2,687,461 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,189 | TotalAmt |
| Management And General | $52,189 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,401,490 | TotalAmt |
| Program Services | $1,220,929 | ProgramServicesAmt |
| Management And General | $180,561 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,415,679 | TotalAmt |
| Program Services | $5,523,803 | ProgramServicesAmt |
| Management And General | $891,876 | ManagementAndGeneralAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $235,094 | TotalAmt |
| Program Services | $235,094 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,644,079 | TotalAmt |
| Program Services | $2,574,509 | ProgramServicesAmt |
| Management And General | $5,069,570 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,318,339 | TotalAmt |
| Program Services | $5,516,234 | ProgramServicesAmt |
| Management And General | $802,105 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $271,831 | TotalAmt |
| Program Services | $130,073 | ProgramServicesAmt |
| Management And General | $141,758 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,414,868 | TotalAmt |
| Program Services | $387 | ProgramServicesAmt |
| Management And General | $4,414,481 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,689,463 | TotalAmt |
| Program Services | $10,443,140 | ProgramServicesAmt |
| Management And General | $6,246,323 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $808,994 | TotalAmt |
| Program Services | $335,176 | ProgramServicesAmt |
| Management And General | $473,818 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| SUBCONTRACTS | $219,618,363 | $219,618,363 | |
| OTHER INDIRECT | $21,100,550 | $17,132,363 | $3,968,187 |
| OTHER MATERIALS | $9,965,772 | $9,965,772 | |
| OTHER EQUIPMENT | $1,477,060 | $1,318,520 | $158,540 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $311,044 | TotalAmt |
| Program Services | $295,858 | ProgramServicesAmt |
| Management And General | $15,186 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $533,611,613 | TotalAmt |
| Program Services | $479,187,467 | ProgramServicesAmt |
| Management And General | $54,424,146 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,110,560 | BOYAmt |
| EOY | $74,476,068 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $87,050,218 | BOYAmt |
| EOY | $79,490,383 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,812,992 | BOYAmt |
| EOY | $22,515,594 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $365,820,059 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $184,456,741 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $185,751,513 | BOYAmt |
| EOY | $181,363,318 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $201,866,588 | BOYAmt |
| EOY | $236,080,553 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $306,682 | BOYAmt |
| EOY | $612,918 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $956,195 | BOYAmt |
| EOY | $1,128,838 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $547,854,748 | BOYAmt |
| EOY | $595,667,672 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,961,443 | BOYAmt |
| EOY | $66,793,618 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,925,710 | BOYAmt |
| EOY | $44,503,738 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,240,115 | BOYAmt |
| EOY | $79,300,541 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,943,752 | BOYAmt |
| EOY | $43,012,493 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $214,071,020 | BOYAmt |
| EOY | $233,610,390 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $333,783,728 | BOYAmt |
| EOY | $362,057,282 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $333,783,728 | BOYAmt |
| EOY | $362,057,282 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $547,854,748 | BOYAmt |
| EOY | $595,667,672 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $4,995,759 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $24,306,110 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$1,028,315 | 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 | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
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 Minus4 Years | $3,734,351 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,944,976 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,288,039 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,753,016 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,639,081 | CurrentTaxYearAmt |
| Total | $35,359,463 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $14,781,224 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,736,752 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,630,186 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,097,436 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,276,252 | CurrentTaxYearAmt |
| Total | $31,521,850 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $18,515,575 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,681,728 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $10,918,225 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,850,452 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,915,333 | CurrentTaxYearAmt |
| Total | $66,881,313 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $66,881,313 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $12,940,432 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $15,638,595 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $14,189,345 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $16,571,490 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $18,098,658 | CurrentTaxYearAmt |
| Total | $77,438,520 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $144,319,833 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $2,549,662,095 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.46340 | PublicSupportCY170Pct |
| Public Support PY170 | 0.44110 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $7,293 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $7,293 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $533,604,320 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $533,611,613 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $1,000,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,000,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $4,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $20,011 | CurrentYearMinus3Amt |
| Current Year Minus2 | $6,091 | CurrentYearMinus2Amt |
| Current Year Minus1 | $26,707 | CurrentYearMinus1Amt |
| Current Year | $7,293 | CurrentYearAmt |
| Total | $60,102 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $250,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $250,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $1,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $32,984,487 | OtherCostOrOtherBasisAmt |
| Book Value | $32,984,487 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $182,513,792 | OtherCostOrOtherBasisAmt |
| Depreciation | $65,846,597 | DepreciationAmt |
| Book Value | $116,667,195 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,146,524 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,440,503 | DepreciationAmt |
| Book Value | $3,706,021 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $134,992,425 | OtherCostOrOtherBasisAmt |
| Depreciation | $112,996,619 | DepreciationAmt |
| Book Value | $21,995,806 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,182,831 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,173,022 | DepreciationAmt |
| Book Value | $6,009,809 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $181,363,318 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCRUED POST RETIREMENT BENEFITS | Desc |
| Amt | $43,012,493 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $43,012,493 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $563,050,424 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $24,306,110 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $1,006,506 | OtherRevenueAmt |
| Revenue Not Reported | $25,312,616 | RevenueNotReportedAmt |
| Revenue Subtotal | $537,737,808 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $634,470 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $235,094 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $869,564 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $538,607,372 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $534,776,870 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $2,034,821 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $2,034,821 | ExpensesNotReportedAmt |
| Expenses Subtotal | $532,742,049 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $634,470 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $235,094 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $869,564 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $533,611,613 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | FAS 158 PENSION & POST RETIREMENT PLAN -1,028,315. RENTAL EXPENSES NETTED AGAINST REVENUE ON FORM 990 2,034,821. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | ROYALTIES PAID 235,094. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES NETTED AGAINST REVENUE ON FORM 990 2,034,821. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | ROYALTIES PAID 235,094. |
| PART XI LINE 8: | FAS 158 PENSION & POST RETIREMENT PLAN $(1,028,315) |
| PART XII LINE 4B: | ROYALTIES PAID $235,094 |
| PART XIII LINE 4B: | ROYALTIES PAID $235,094 |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (5 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| EUROPE | 0 | 0 | TRAVEL EXPENSES | RESEARCH | $324,640 |
| ASIA | 0 | 0 | TRAVEL EXPENSES | RESEARCH | $6,982 |
| SOUTH AMERICA | 0 | 0 | TRAVEL EXPENSES | RESEARCH | $1,866 |
| NORTH AMERICA | 0 | 0 | TRAVEL EXPENSES | RESEARCH | $10,222 |
| MIDDLE EAST | 0 | 0 | TRAVEL EXPENSES | RESEARCH | $28,622 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $372,332 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $372,332 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | NATURE OF ACTIVITIES IS NOT GRANT/ASSISTANCE BASED BUT IS SERVICES IN FURTHERANCE OF DRAPER'S EXEMPT PURPOSE. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (18 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2 |
|---|---|---|---|---|---|---|---|---|
| MASSACHUSETTS EYE AND EAR INFIRMARY | ||||||||
| 243 CHARLES STREET | BOSTON | MA | 02114 | 042103591 | 501(C)(3) | $274,424 | RESEARCH GRANT SUB-AWARD | |
| NORTHEASTERN UNIVERSITY | ||||||||
| 360 HUNTINGTON AVE 440 DANA | BOSTON | MA | 02115 | 041679980 | 501(C)(3) | $31,622 | RESEARCH GRANT SUB-AWARD | RESEARCH CENTER |
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY | ||||||||
| 77 MASS AVE | CAMBRIDGE | MA | 02139 | 042103594 | 501(C)(3) | $525,674 | RESEARCH GRANT SUB-AWARD | |
| PARTNERS HEALTHCARE SYSTEM INC | ||||||||
| 221 LONGWOOD AVE | BOSTON | MA | 02115 | 043230035 | 501(C)(3) | $21,208 | RESEARCH GRANT SUB-AWARD | |
| UNIVERSITY OF CALIFORNIA SANTA BARBARA | ||||||||
| 3227 CHEADLE HALL | SANTA BARBARA | CA | 93106 | 956006145 | 501(C)(3) | $28,694 | RESEARCH GRANT SUB-AWARD | |
| UNIVERSITY OF MASSACHUSETTS | ||||||||
| 55 LAKE AVE NORTH | WORCESTER | MA | 01655 | 043167352 | 501(C)(3) | $189,927 | RESEARCH GRANT SUB-AWARD | |
| UNIVERSITY OF TAMPA | ||||||||
| 401 W KENNEDY BLVD BOX L | TAMPA | FL | 33606 | 590624459 | 501(C)(3) | $58,543 | RESEARCH GRANT SUB-AWARD | |
| JOHNS HOPKINS UNIVERSITY | ||||||||
| 3400 N CHARLES STREET 600W WYMAN | BALTIMORE | MD | 21218 | 520595110 | 501(C)(3) | $78,714 | RESEARCH GRANT SUB-AWARD | BUILDING |
| UNIVERSITY OF SOUTH FLORIDA | ||||||||
| 3650 SPECTRUM BLVD SUITE 160 | TAMPA | FL | 33612 | 593102112 | $15,190 | RESEARCH GRANT SUB-AWARD | ||
| DAVID CLARK COMPANY INCORPORATED | ||||||||
| 360 FRANKLIN STREET | WORCESTER | MA | 01615 | 042557451 | $6,250 | RESEARCH GRANT SUB-AWARD | ||
| BOSTON UNIVERSITY | ||||||||
| 595 COMMONWEALTH AVENUE | BOSTON | MA | 02215 | 042103547 | 501(C)(3) | $135,196 | FELLOWSHIPS SUPPORT | |
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY | ||||||||
| 77 MASS AVE | CAMBRIDGE | MA | 02139 | 042103594 | 501(C)(3) | $1,377,338 | FELLOWSHIPS SUPPORT | |
| SOUTHERN METHODIST UNIVERSITY | ||||||||
| PO BOX 750261 | DALLAS | TX | 75275 | 750800689 | 501(C)(3) | $80,192 | FELLOWSHIP SUPPORT | |
| NORTHEASTERN UNIVERSITY | ||||||||
| 360 HUNTINGTON AVE 440 DANA | BOSTON | MA | 02115 | 041679980 | 501(C)(3) | $200,286 | FELLOWSHIPS SUPPORT | RESEARCH CENTER |
| TUFTS UNIVERSITY | ||||||||
| 169 HOLLAND ST | SOMERVILLE | MA | 02144 | 042103634 | 501(C)(3) | $77,341 | FELLOWSHIPS SUPPORT | |
| UNIVERSITY OF SOUTH FLORIDA | ||||||||
| 3650 SPECTRUM BLVD SUITE 160 | TAMPA | FL | 33612 | 593102112 | $171,497 | FELLOWSHIPS SUPPORT | ||
| WORCESTER POLYTECHNIC INSTITUTE | ||||||||
| 100 INSTITUTE RD | WORCESTER | MA | 01609 | 042121659 | 501(C)(3) | $6,703 | FELLOWSHIPS SUPPORT | |
| WILLIAM MARSH RICE UNIVERSITY | ||||||||
| 6100 MAIN ST | HOUSTON | TX | 77005 | 741109620 | 501(C)(3) | $70,190 | FELLOWSHIPS SUPPORT | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 17 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | DRAPER HAS TWO TYPES OF GRANTS: SUB-AWARDS AND FELLOWSHIP GRANTS. THE MONITORING PROCEDURES FOR THE USE OF GRANT FUNDS FOR EACH TYPE IS DESCRIBED BELOW. DRAPER MONITORS GRANT FUNDS EXPENDED THROUGH SUB-AWARDS IN ACCORDANCE WITH ITS SUBCONTRACTS ADMINISTRATION POLICIES AND PROCEDURES MANUAL. AUTHORIZED DRAPER PERSONNEL SUBMIT PURCHASE REQUISITIONS FOR SUB-AWARDS TO BE ISSUED WITH GRANT FUNDS, AND SUBCONTRACT ADMINISTRATORS REVIEW THE PURCHASE REQUISITION BEFORE APPROVAL OF THE SUB-AWARD. SUBCONTRACT ADMINISTRATORS FLOW DOWN ALL APPLICABLE GRANT TERMS TO THE SUB-AWARDEE AS PART OF THE SUB-AWARD, AND THE PROGRAMS DEPARTMENT AND SUBCONTRACTS MONITOR SUB-AWARDEE PERFORMANCE THROUGH MONTHLY TECHNICAL AND FINANCIAL REPORTS BY THE SUB-AWARDEE. DRAPER MONITORS GRANT FUNDS EXPENDED FOR FELLOWSHIP SUPPORT GRANTS TO FIT WITHIN THE OVERALL HIRING PLAN, TECHNOLOGY CONCENTRATION FOCUS AREAS IMPORTANT TO DRAPER AND OUR CUSTOMERS, THE AVAILABILITY OF SUPERVISORS AND GRADUATION RATES OF FELLOWS CURRENTLY ENROLLED IN THE PROGRAM. DOLLAR AMOUNTS ARE NEGOTIATED PER DEGREE PROGRAM WITH EACH UNIVERSITY AND UPDATED YEARLY. AUTHORIZED DRAPER PERSONNEL SUBMIT PURCHASE REQUISITIONS. ALL REQUISITIONS ARE APPROVED BY THE OWNER OF THE PROJECT NUMBER PER DRAPER'S BUSINESS PROCESS. AN APPROVED PURCHASE ORDER IS PLACED WITH THE UNIVERSITY FOR THE DURATION OF THE STUDENT'S TENURE. MONTHLY INVOICES ARE SENT BY THE UNIVERSITY TO DRAPER, APPROVED BY THE DRAPER SUPERVISOR AND PAID TO THE UNIVERSITY. AT THE END OF THE FISCAL YEAR, A RECONCILIATION IS DONE TO CLOSE OUT THE ORDER. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | Yes (1) | 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 |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (16 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JAMES D SHIELDS | ||||||||||||||
| PRESIDENT AND CEO | $519,531 | $0 | $117,303 | $0 | $31,395 | $0 | $221,227 | $0 | $20,552 | $0 | $910,008 | $0 | $0 | $0 |
| JOHN R DOWDLE | ||||||||||||||
| VP OF ENGINEERING | $313,179 | $0 | $51,767 | $0 | $10,735 | $0 | -$167,486 | $0 | $14,163 | $0 | $222,358 | $0 | $0 | $0 |
| ELIZABETH MORA | ||||||||||||||
| CFO & TREASURER | $334,886 | $0 | $55,157 | $0 | $16,000 | $0 | $55,799 | $0 | $5,987 | $0 | $467,829 | $0 | $0 | $0 |
| LEN POLIZZOTTO THRU 1013 | ||||||||||||||
| VP OF STRAT BUS DEV & MARK | $270,180 | $0 | $51,011 | $0 | $594,348 | $0 | $21,218 | $0 | $16,783 | $0 | $953,540 | $0 | $533,978 | $0 |
| DARRYL G SARGENT | ||||||||||||||
| VP OF NATIONAL SECURITY & SPACE SYST | $316,574 | $0 | $52,837 | $0 | $13,161 | $0 | -$165,976 | $0 | $14,186 | $0 | $230,782 | $0 | $0 | $0 |
| MELINDA J BROWN | ||||||||||||||
| DIR. OF LEGAL & SECRETARY | $185,518 | $0 | $25,117 | $0 | $13,214 | $0 | $20,136 | $0 | $6,124 | $0 | $250,109 | $0 | $0 | $0 |
| STEVEN DITULLIO | ||||||||||||||
| VP OF STRAT SYSTEMS | $283,213 | $0 | $44,204 | $0 | $21,929 | $0 | -$114,441 | $0 | $14,552 | $0 | $249,457 | $0 | $0 | $0 |
| JEFFREY M BENTLEY SINCE 313 | ||||||||||||||
| VP CIVIL PROGRAMS | $223,045 | $0 | $15,802 | $0 | $0 | $0 | $76,610 | $0 | $11,082 | $0 | $326,539 | $0 | $0 | $0 |
| PAUL ROSENSTRACH | ||||||||||||||
| PROGRAM DIRECTOR | $237,535 | $0 | $43,286 | $0 | $20,162 | $0 | $25,425 | $0 | $15,406 | $0 | $341,814 | $0 | $0 | $0 |
| JACK BARRY | ||||||||||||||
| PRINCIPAL DIR. ADMINISTRAT | $178,964 | $0 | $34,669 | $0 | $29,816 | $0 | $24,772 | $0 | $13,687 | $0 | $281,908 | $0 | $0 | $0 |
| PHILIP S BABCOCK IV | ||||||||||||||
| DIR OF ENGINEERING OPS | $207,714 | $0 | $29,630 | $0 | $21,177 | $0 | $23,602 | $0 | $13,782 | $0 | $295,905 | $0 | $0 | $0 |
| RICHARD JOHN RUSSELL | ||||||||||||||
| DIRECTOR OF SPECIAL OPERAT | $207,968 | $0 | $27,997 | $0 | $19,960 | $0 | $23,507 | $0 | $13,823 | $0 | $293,255 | $0 | $0 | $0 |
| FRANK J SERNA | ||||||||||||||
| PRINCIPAL DIR. MARKETING | $222,783 | $0 | $31,218 | $0 | $16,617 | $0 | $24,744 | $0 | $19,759 | $0 | $315,121 | $0 | $0 | $0 |
| NEIL J ADAMS | ||||||||||||||
| PROGRAM DIRECTOR | $203,010 | $0 | $31,586 | $0 | $32,268 | $0 | $24,288 | $0 | $19,738 | $0 | $310,890 | $0 | $0 | $0 |
| WILLIAM B RHORER | ||||||||||||||
| PROGRAM DIRECTOR | $206,158 | $0 | $30,544 | $0 | $20,639 | $0 | $23,340 | $0 | $19,694 | $0 | $300,375 | $0 | $0 | $0 |
| JOHN W STILLWELL THRU 1012 | ||||||||||||||
| FORMER VP OF STRATEGIC SYSTEMS | $148,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $148,000 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | FIRST CLASS TRAVEL FOR BOARD MEMBERS, OFFICERS, AT THEIR CHOOSING, HAS BEEN A STANDING POLICY SINCE 1996. TAX INDEMNIFICATION AND GROSS UP PAYMENTS EXIST UNDER OUR NEW HIRE/EMPLOYEE RELOCATION POLICY WHERE CERTAIN COSTS MIGHT BE CHARACTERIZED AS TAXABLE INCOME, THE LABORATORY WILL REIMBURSE THE EMPLOYEE FOR ANY TAX EFFECT ASSOCIATED WITH THE MOVE. GROSS UP PAYMENTS ALSO EXIST FOR SENIOR MANAGEMENT UPON TAKING LUMP SUM DISTRIBUTIONS FROM THEIR RETIREMENT PLANS. THE GROSS UP IS INTENDED TO ENSURE THAT, SHOULD THE EMPLOYEE PURCHASE AN ANNUITY, THAT ANNUITY WILL PROVIDE THE EQUIVALENT OF A PENSION PAYMENT. PART II (C): DRAPER HAS A SUPPLEMENTAL RETIREMENT PLAN. THE PURPOSE OF THIS PLAN IS TO ASSURE THAT CORPORATE OFFICERS RECEIVE A REASONABLE LEVEL OF RETIREMENT COMPENSATION IN RELATION TO THEIR LEVEL OF COMPENSATION AND LENGTH OF SERVICE AT THE LABORATORY. ALL OFFICERS ARE AUTOMATICALLY ENROLLED IN THIS PLAN UPON ASSUMING THE OFFICER POSITION AND BENEFITS ARE CALCULATED AS OF THEIR FIRST DAY THROUGH THE THE OFFICER'S MANDATORY RETIREMENT DATE AFTER TURNING AGE 65. EACH FISCAL YEAR AN ACTUARIAL VALUATION OF THE PROJECTED BENEFIT OBLIGATION FOR EACH OFFICER IS OBTAINED. AN ADJUSTMENT TO THE ACCRUED BENEFIT CALCULATION IS MADE WHICH IS INCLUDED IN THE AMOUNT SHOWN IN COLUMN (C) OF SCHEDULE J. THE ADJUSTMENT MAY BE SHOWN AS AN INCREASE OR A DECREASE IN THE CURRENT YEAR BASED ON CHANGES IN THE ACTUARIAL VALUATION AND UNDERLYING ACTUARIAL ASSUMPTIONS. THE DEFERRED COMPENSATION FOR THE SUPPLEMENTAL RETIREMENT PLAN IS INCLUDED IN THE FINANCIAL STATEMENTS. IF AN OFFICER IS EMPLOYED, THE AMOUNT IS ACCRUED. WHEN AN OFFICER RETIRES, THE AMOUNT IS PAID. |
| PART I, LINE 5 | KEY MEMBERS OF THE TECHNICAL, PROGRAM, FINANCE AND ADMINISTRATIVE STAFF ARE ELIGIBLE TO PARTICIPATE IN THE CORPORATE MANAGEMENT INCENTIVE PROGRAM (CMIP). PARTICIPANTS INCLUDE, BUT ARE NOT LIMITED TO, THE EMPLOYEES LISTED ON SCHEDULE J. APPROXIMATELY 35-45 PERSONNEL MAY BE ELIGIBLE IN A GIVEN YEAR. THE PROGRAM IS BASED ON FOUR METRICS: SPONSOR SATISFACTION, SPONSORED REVENUE GROWTH AND COST MANAGEMENT, HUMAN CAPITAL MANAGEMENT FOCUSED ON RETENTION AND DIVERSITY AND QUALITY OF THE SPONSORED AND INDEPENDENT RESEARCH AND DEVELOPMENT PROGRAMS. ALL PARTICIPANT AWARDS ARE REVIEWED BY THE PRESIDENT OF THE LABORATORY AND REPORTED TO THE BOARD ANNUALLY. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASSACHUSETTS DEVELOPMENT | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 043431814 | BondIssuerEIN |
| CUSIP | 57583RB53 | CUSIPNum |
| Bond Issued | 2008-10-23 | BondIssuedDt |
| Issue Price | $80,000,000 | IssuePriceAmt |
| Purpose | REFINANCING $72,800,000 SERIES 2000 BONDS | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $78,997,809 | TotalProceedsAmt |
| In Reserve Fund | $5,877,809 | InReserveFundAmt |
| Issuance Costs From Proceeds | $320,000 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $5,877,809 | CapitalExpendituresAmt |
| Substantial Completion | 2010 | SubstantialCompletionYr |
| Current Refunding | Yes (1) | CurrentRefundingInd |
| Advance Refunding | 0 | AdvanceRefundingInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | Yes (1) | MgmtContractBondFincdPropInd |
| Engage Bond Counsel Contracts | 0 | EngageBondCounselContractsInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.00010 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.04290 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.04300 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | 0 | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | 0 | ProceduresCorrectiveActionInd |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN STILLWELL | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | FORMER OFFICER | RelationshipDescriptionTxt |
| Transaction | $148,000 | TransactionAmt |
| Transaction | CONSULTING CONTRACT | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | SEE RESPONSE TO QUESTION 7A. |
| FORM 990, PART VI, SECTION A, LINE 7A | MEMBERSHIP CONSISTS OF BETWEEN 21 AND 52 PERSONS AS DETERMINED BY THE MEMBERS IN OFFICE FROM TIME TO TIME. MEMBERSHIP IS DIVIDED INTO THREE CLASSES. THEIR TERMS OF OFFICE ARE FIXED SO THAT THE TERM OF OFFICE OF ONLY THOSE MEMBERS IN ONE CLASS WILL EXPIRE AT EACH ANNUAL MEETING OF THE MEMBERS. MEMBERSHIP IS NOT ASSIGNABLE BY OPERATION OF LAW OR OTHERWISE. EACH MEMBER SHALL HAVE ONE VOTE. MEMBERS MAY VOTE EITHER IN PERSON OR BY PROXY. WHEN A DULY FORMED QUORUM (AS DETERMINED BY LAW, THE ARTICLES OF INCORPORATION OR THE BYLAWS) IS PRESENT, ANY MATTER BEFORE A DULY CALLED MEETING SHALL BE DECIDED BY A VOTE OF A MAJORITY OF THE MEMBERS EXCEPT WHERE A LARGER VOTE IS REQUIRED BY LAW, THE ARTICLES OF ORGANIZATION OR THE BYLAWS. ANY ELECTION IS DETERMINED BY A PLURALITY OF VOTES CAST EXCEPT WHERE REQUIRED BY LAW, THE ARTICLES OR THE BYLAWS. THE MEMBERS AT EACH ANNUAL MEETING FIX THE NUMBER OF DIRECTORS (NOT LESS THAN 3 OR MORE THAN 17) AND ELECT THE NUMBER OF DIRECTORS SO FIXED. ALL ACTIVITIES OF THE CORPORATION ARE CONDUCTED UNDER THE DIRECTION OF THE DULY ELECTED BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 11 | MFA PREPARES THE FORM 990 USING INFORMATION PROVIDED BY DRAPER. PRIOR TO PROVIDING THE 990 TO THE GOVERNING BODY, THE DIRECTOR OF AUDIT AND COMPLIANCE PERFORMS AN INITIAL REVIEW. THE CFO AND PRESIDENT THEN PERFORM THEIR OWN REVIEWS OF THE DOCUMENT. A COPY OF THE 990 IS THEN MADE AVAILABLE TO THE BOARD OF DIRECTORS VIA THE ORGANZATIONS INTRANET AND A PRESENTATION IS GIVEN TO THE AUDIT COMMITTEE. A FINAL REVIEW IS PERFORMED BY THE CFO AND CEO, AND THEN THE FORM 990 IS SIGNED AND FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | DRAPER SENDS AN ANNUAL DISCLOSURE REQUEST TO EACH BOARD MEMBER WITH AN EXTENSIVE SET OF QUESTIONS PERTAINING TO RELATIONSHIPS AND FINANCIAL INTERESTS WITH THE LABORATORY AND THE BOARD MEMBERS. BASED ON DATA PROVIDED BY DIRECTORS AND OFFICERS, LABORATORY MAINTAINS A MATRIX OF BOARD POSITIONS, AFFILIATIONS AND ORGANIZATIONS WITH WHOM THE DIRECTORS MAY HAVE A RELATIONSHIP REQUIRING DISCLOSURE. COMPLIANCE, AND LEGAL IF NEEDED, REVIEWS DISCLOSURES FOR POTENTIAL RELATIONSHIPS MEETING DISCLOSURE REQUIREMENTS. OUTSIDE TAX FIRM PERSONNEL MAY ALSO BE CONSULTED. |
| FORM 990, PART VI, SECTION B, LINE 15 | DRAPER MAINTAINS ONE FULL TIME PERSON WHO IS RESPONSIBLE FOR COMPILATION, ANALYSIS AND MANAGEMENT OF THE COMPENSATION BUDGET PROCESS. DRAPER PARTICIPATES IN NATIONAL AND LOCAL SURVEYS THAT INCLUDE A BROAD RANGE OF PARTICIPATING COMPANIES. THE RESULTING DATA PROVIDE INFORMATION RELATED TO MARKET RATES, SALARY RANGES, COMPENSATION BUDGET PLANNING, BENEFITS INFORMATION, AND GENERAL WORK LIFE POLICIES AND PRACTICES. PERTINENT SURVEY INFORMATION IS ANALYZED, REVIEWED AND UTILIZED WHEN ASSESSING APPROPRIATE WAGES, GRADING FOR BENCHMARK POSITIONS. THE COMPENSATION BUDGET AS A WHOLE IS PRESENTED TO THE BOARD COMPENSATION COMMITTEE FOR REVIEW AND APPROVAL AND INCLUDES A PRESENTATION ON HEADCOUNT, UPCOMING RESEARCH ACTIVITIES AND SPONSOR AWARDS BOTH IN PROCESS AND ANTICIPATED. THE COMPENSATION COMMITTEE ALSO VOTES TO APPROVE THE COMPENSATION OF THE CEO AND OFFICERS BASED ON THEIR SURVEYS WHICH INCLUDES THIRD PARTY SURVEYS OF LABORATORIES THROUGHOUT THE COUNTRY. |
| FORM 990, PART VI, SECTION C, LINE 18 | DRAPER PUBLISHES AN ANNUAL REPORT AVAILABLE TO THE PUBLIC UPON REQUEST. DRAPER ALSO MAINTAINS A LINK ON GOVERNANCE ON ITS WEBSITE AT WWW.DRAPER.COM. |
| FORM 990, PART VI, SECTION C, LINE 19 | DRAPER PUBLISHES AN ANNUAL REPORT AVAILABLE TO THE PUBLIC UPON REQUEST. DRAPER ALSO MAINTAINS A LINK ON GOVERNANCE ON ITS WEBSITE AT WWW.DRAPER.COM. |
| FORM 990, PART XI, LINE 9: | FAS 158 PENSION & POST RETIREMENT PLAN -1,028,315. |
| FORM 990, PART XII, LINE 2C: | THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. |
| TAX YEAR | THE ORGANIZATION FISCAL CALENDAR ENDS ON THE FRIDAY CLOSEST TO JUNE 30TH AND AS A RESULT A YEAR WILL CONTAIN EITHER 52 OR 53 WEEKS. THIS TAX YEAR ENDED ON JUNE 27, 2014 AND CONTAINED 52 WEEKS. |
| BALANCE SHEET | CERTAIN AMOUNTS ON THE PRIOR YEAR BALANCE SHEET HAVE BEEN RECLASSIFIED TO CONFORM WITH THE CURRENT YEAR PRESENTATION. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ONE HAMPSHIRE CONDO TRUST | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O 555 TECH SQ MS 34 | AddressLine1 |
| City | CAMBRIDGE | City |
| State | MA | State |
| ZIP Code | 02139 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 566655561 | EIN |
| Primary Activities | REAL ESTATE | PrimaryActivitiesTxt |
| Legal Domicile State | MA | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CHARLES STARK DRAPER LABORATORY INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | T | EntityTypeTxt |
| Ownership | 0.80150 | OwnershipPct |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt |
|---|---|
| ONE HAMPSHIRE CONDO TRUST | |
| P | $2,884,755 |
| ONE HAMPSHIRE CONDO TRUST | |
| Q | $2,595,891 |