ONPOINT TECHNOLOGIES INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- ONPOINT TECHNOLOGIES INC (EIN 05-0565287)
- Tax period
- 2011-05-01 to 2012-04-30
- Filed
- 2012-12-17
- IRS object ID
- 201213529349300836
- Schema version
- 2011v1.2
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-12-17T15:58:46-06:00 | Timestamp |
| Tax Period End Date | 2012-04-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 593070669 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOORE STEPHENS LOVELACE PA | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1201 S ORLANDO AVENUE SUITE 400 | AddressLine1 |
| City | WINTER PARK | City |
| State | FL | State |
| ZIP Code | 327897192 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-05-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 050565287 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ONPOINT TECHNOLOGIES INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ONPO | NameControl |
| Phone | 4078381400 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 270 WEST NEW ENGLAND AVENUE | AddressLine1 |
| City | WINTER PARK | City |
| State | FL | State |
| ZIP Code | 32789 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JASON ROTTENBERG | Name |
| Title | TRUSTEE | Title |
| Phone | 4078381400 | Phone |
| Date Signed | 2012-12-17 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MELANIE A MCPEAK | Name |
| PTIN | P01346034 | PTIN |
| Phone | 4077405400 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JASON ROTTENBERG | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 270 WEST NEW ENGLAND AVENUE | AddressLine1 |
| City | WINTER PARK | City |
| State | FL | State |
| ZIP Code | 32789 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 4660312 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.ONPOINT.US | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2003 | YearFormation |
| State Legal Domicile | CO | StateLegalDomicile |
| Activity Or Mission Description | 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. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 5 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 3 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 4000000 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 5000505 | InvestmentIncomePriorYear |
| Investment Income Current Year | 265600 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 5000505 | TotalRevenuePriorYear |
| Total Revenue Current Year | 4265600 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 269000 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 254167 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 4994548 | OtherExpensePriorYear |
| Other Expenses Current Year | 3357472 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 5263548 | TotalExpensesPriorYear |
| Total Expenses Current Year | 3611639 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -263043 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 653961 | RevenuesLessExpensesCY |
| Total Assets BOY | 140884798 | TotalAssetsBOY |
| Total Assets EOY | 48820662 | TotalAssetsEOY |
| Total Liabilities BOY | 698338 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 658324 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 140186460 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 48162338 | NetAssetsOrFundBalancesEOY |
| Mission Description | 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. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 3104856 | Expense |
| Revenue | 4265000 | Revenue |
| Description | MANAGEMENT OF CAPITAL THAT INVESTS IN COMPANIES ENGAGED IN THE DEVELOPMENT OF POWER AND ENERGY PRODUCTS AND TECHNOLOGIES. TECHNOLOGIES OF INTEREST ARE DEVICES, SYSTEMS AND SOFTWARE THAT GENERATE, STORE, CONTROL AND MANAGE THE POWER AND ENERGY REQUIRED BY THE INDIVIDUAL SOLDIER FOR COMMUNICATIONS, COMPUTING, SENSING, WEAPONS FUNCTIONING, MOBILITY AND COMFORT WHICH ARE LOW WEIGHT AND VOLUME, SAFE, RELIABLE, COST-EFFECTIVE, HAVE LONGEVITY, REDUCED SYSTEM POWER REQUIREMENTS, MINIMAL LOGISTICS IMPACT AND DRAMATICALLY INCREASE THE PERFORMANCE OF, OR REDUCE THE COSTS OF, OTHER POWER AND ENERGY DEVICES, SYSTEMS OR SOFTWARE USED BY THE INDIVIDUAL SOLDIER. | Description |
| Total Program Service Expense | 3104856 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 0 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 1 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 3 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 5 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 3 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 1 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHN STARR | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 4078381400 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 270 WEST NEW ENGLAND AVENUE | AddressLine1 |
| City | WINTER PARK | City |
| State | FL | State |
| ZIP Code | 32789 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (6 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| PAUL HOEPER | ||||||
| CHAIRMAN, TRUSTEE | 8.00 | X | X | 86167 | 0 | 0 |
| DR PAUL GOMPERS | ||||||
| TRUSTEE | 8.00 | X | 84000 | 0 | 0 | |
| HARKLEY THORNTON | ||||||
| TRUSTEE | 8.00 | X | 84000 | 0 | 0 | |
| JASON ROTTENBERG | ||||||
| TRUSTEE | 40.00 | X | 0 | 0 | 0 | |
| CHRISTOPHER FOUNTAS | ||||||
| TRUSTEE | 40.00 | X | 0 | 0 | 0 | |
| JENNIFER DUNHAM | ||||||
| PRINCIPAL/VP OF OPERATIONS | 40.00 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 254167 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MILCOM TECHNOLOGIES | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 270 WEST NEW ENGLAND AVENUE | AddressLine1 |
| City | WINTER PARK | City |
| State | FL | State |
| ZIP Code | 32789 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | MANAGEMENT | DescriptionOfServices |
| Compensation | 3104765 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| Government Grants | 4000000 | GovernmentGrants |
| Total Contributions | 4000000 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 432250 | TotalRevenueColumn |
| Related Or Exempt Function Income | 432250 | RelatedOrExemptFunctionIncome |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 228062 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 394712 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -166650 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -166650 | TotalRevenueColumn |
| Related Or Exempt Function Income | -166650 | RelatedOrExemptFunctionIncome |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4265600 | TotalRevenueColumn |
| Related Or Exempt Function Income | 265600 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 254167 | Total |
| Management And General | 254167 | ManagementAndGeneral |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3104765 | Total |
| Program Services | 3104765 | ProgramServices |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 87040 | Total |
| Management And General | 87040 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30350 | Total |
| Management And General | 30350 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 80156 | Total |
| Program Services | 91 | ProgramServices |
| Management And General | 80065 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7244 | Total |
| Management And General | 7244 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 47917 | Total |
| Management And General | 47917 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3611639 | Total |
| Program Services | 3104856 | ProgramServices |
| Management And General | 506783 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2377072 | BOY |
| EOY | 1312794 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17837644 | BOY |
| EOY | 15006110 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 120570135 | BOY |
| EOY | 32442727 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 99947 | BOY |
| EOY | 59031 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 140884798 | BOY |
| EOY | 48820662 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 86820 | BOY |
| EOY | 61977 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 611518 | BOY |
| EOY | 596347 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 698338 | BOY |
| EOY | 658324 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 140186460 | BOY |
| EOY | 48162338 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 140186460 | BOY |
| EOY | 48162338 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 140884798 | BOY |
| EOY | 48820662 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 653961 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -92678083 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | 4000000 | CurrentTaxYear |
| Total | 4000000 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | 4000000 | CurrentTaxYear |
| Total | 4000000 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 4000000 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1727895 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1060781 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 593696 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 520574 | CurrentTaxYearMinus1Year |
| Current Tax Year | 432250 | CurrentTaxYear |
| Total | 4335196 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 8335196 | TotalSupport |
| Public Support Pertcentage170 | 0.47990 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.00000 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 0 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (7 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| COMMERCIAL PAPER & MEDIUM-TERM NOTES | 1084438 | F |
| US GOV'T AGENCIES SECURITIES | 3184320 | F |
| US GOV'T SECURITIES | 3405321 | F |
| CORPORATE NOTES & BONDS | 3639520 | F |
| FOREIGN DEBT SECURITIES | 955254 | F |
| FIXED RATE ANNUITIES | 1170835 | F |
| MORTGAGE & ASSET-BACKED SECURITIES | 1566422 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 15006110 | TotalOfBookValueSecurities |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | PROGRAM RELATED ACTIVITIES | Description |
| Book Value | 32442727 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Program Related | 32442727 | TotalOfBookValueProgramRelated |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DUE TO THE MANAGEMENT COMPANY | Description |
| Amount | $596,347 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 596347 | TotalOfAmounts |
| Total Revenue | 4265600 | TotalRevenue |
| Total Expenses | 3611639 | TotalExpenses |
| Excess Or Deficit For Year | 653961 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -92935026 | NetUnrealizedGLOnInvestments |
| Other | $256,943 | OtherAmount |
| Total Adjustments | -92678083 | TotalAdjustments |
| Excess Or Deficit Per FS | -92024122 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | -88412483 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -92935026 | NetUnrealizedGainsInvestments |
| Other Revenues | 256943 | OtherRevenues |
| Revenue Not Rptd F990 | -92678083 | RevenueNotRptdF990 |
| Revenue Subtotal | 4265600 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 4265600 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 3611639 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 3611639 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 3611639 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | UNREALIZED GAIN FROM FOREIGN CURRENCY FLUCTUATIONS 256,943. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | UNREALIZED GAIN FROM FOREIGN CURRENCY FLUCTUATIONS 256,943. |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MILCOM TECHNOLOGIES INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | J. ROTTENBERG, C. FOUNTAS AND J. DUNHAM ARE EMPLOYEES OF MILCOM TECH., INC. | Relationship |
| Amount Of Transaction | 3104765 | AmountOfTransaction |
| Description Of Transaction | MANAGEMENT | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (10 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | JASON ROTTENBERG, CHRISTOPHER FOUNTAS AND JENNIFER DUNHAM HAVE BUSINESS RELATIONSHIPS WITH ONE ANOTHER. | |
| FORM 990, PART VI, SECTION A, LINE 3 | THE ORGANIZATION HAS ENGAGED A MANAGEMENT COMPANY. 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 | THE BOARD OF TRUSTEES FOR THE ORGANIZATION CONSISTS OF NO LESS THAN FIVE (5) MEMBERS. THERE ARE THREE INDEPENDENT TRUSTEES, EACH SUBJECT TO APPROVAL BY THE UNITED STATES ARMY COMMUNICATIONS ELECTRONICS COMMAND (CECOM) UPON APPOINTMENT. THE INDEPENDENT TRUSTEES ARE THEREAFTER SUBJECT TO ANNUAL ELECTION. THE MANAGEMENT COMPANY, MILITARY COMMERCIAL TECHNOLOGIES, INC., HAS THE AUTHORITY TO APPOINT TWO (2) TRUSTEES; ONE SUCH TRUSTEE MUST BE APPROVED BY A MAJORITY OF THE INDEPENDENT TRUSTEES. ANY CHANGES TO THE BOARD OF TRUSTEES MUST BE REPORTED TO CECOM. | |
| 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 11 | FORM 990 WILL BE REVIEWED INTERNALLY BY ONE OFFICER AND ONE TRUSTEE AS DESIGNATED BY THE GOVERNING BODY. THEREAFTER, FORM 990 WILL BE REVIEWED BY THE ENTIRE GOVERNING BODY BEFORE THE RETURN IS FILED. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY IS REGULARLY AND CONSISTENTLY MONITORED AND ENFORCED. COMPLIANCE WITH THE POLICY IS MONITORED AND DOCUMENTED VIA REGULAR DISCUSSIONS AND DISCLOSURES AMONG THE TRUSTEES AND THE OFFICERS. | |
| FORM 990, PART VI, SECTION B, LINE 15 | FOR DETERMINATION OF COMPENSATION AND BENEFIT PAYMENTS TO ANY OFFICERS OR TRUSTEES, THE ORGANIZATION ENGAGES AN INDEPENDENT THIRD-PARTY PROFESSIONAL CONSULTING FIRM TO PERFORM A COMPENSATION STUDY. COMPENSATION OF THE OFFICERS OR TRUSTEES IS SET BASED ON THE RECOMMENDATIONS RESULTING FROM THE STUDY. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -92,935,026. UNREALIZED GAIN FROM FOREIGN CURRENCY FLUCTUATIONS 256,943. TOTAL TO FORM 990, PART XI, LINE 5: -92,678,083. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XII, LINE 2C | THE GOVERNING BODY IS RESPONSIBLE FOR THE SELECTION, MONITORING AND EVALUATION OF AN INDEPENDENT AUDIT FIRM AND OVERSIGHT OF ITS FINANCIAL STATEMENTS. THERE WAS NO CHANGE IN THIS PROCESS FROM THE PRIOR YEAR. | OVERSIGHT OF AUDIT |