Civic Intelligence

Maine Technology Institute

990 • Fiscal year 2014 • EIN 01-0529871

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 10, 2015

Organization Profilewww.mainetechnology.org

View Organization Page

8 Venture Avenue Brunswick LandingPortland, ME 04011

(207) 582-4790

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

92nd percentile

0.97x

Higher debt load relative to assets than 92% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Liabilities / Revenue

90th percentile

3.22x

Higher debt load relative to revenue than 90% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Net Margin

30th percentile

-0.3%

Higher net margin than 30% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Top Officer Pay

14th percentile

$115,987

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Asset Growth

66th percentile

8.8%

Faster asset growth than 66% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2013 to 2014

Revenue Growth

81st percentile

23%

Faster revenue growth than 81% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$30,551,338

Up $2,475,894 (+8.8%) from 2013

Net Assets

Down

$868,763

Down $24,577 (-2.8%) from 2013

Liabilities

Up

$29,682,575

Up $2,500,471 (+9.2%) from 2013

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin30th percentile

Revenue

Up

$9,231,620

Up $1,702,250 (+23%) from 2013

Expenses

Up

$9,256,197

Up $1,558,193 (+20%) from 2013

Net Income

Up

-$24,577

Up $144,057 (+85%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth66th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2011: $29,091,847Liabilities 2011: $27,881,182Net Assets 2011: $1,210,6652011Assets 2012: $31,878,922Liabilities 2012: $30,816,948Net Assets 2012: $1,061,9742012Assets 2013: $28,075,444Liabilities 2013: $27,182,104Net Assets 2013: $893,3402013Assets 2014: $30,551,338Liabilities 2014: $29,682,575Net Assets 2014: $868,7632014Assets 2015: $26,967,243Liabilities 2015: $26,088,387Net Assets 2015: $878,8562015Assets 2016: $32,380,827Liabilities 2016: $31,353,625Net Assets 2016: $1,027,2022016Assets 2017: $27,881,300Liabilities 2017: $26,779,681Net Assets 2017: $1,101,6192017Assets 2018: $49,772,164Liabilities 2018: $48,231,910Net Assets 2018: $1,540,2542018Assets 2019: $41,636,601Liabilities 2019: $39,736,122Net Assets 2019: $1,900,4792019Assets 2020: $38,580,369Liabilities 2020: $36,653,164Net Assets 2020: $1,927,2052020Assets 2021: $20,192,850Liabilities 2021: $18,051,404Net Assets 2021: $2,141,4462021Assets 2022: $19,619,742Liabilities 2022: $17,716,082Net Assets 2022: $1,903,6602022Assets 2023: $22,300,505Liabilities 2023: $19,737,043Net Assets 2023: $2,563,4622023Assets 2024: $29,202,613Liabilities 2024: $26,130,696Net Assets 2024: $3,071,9172024

Highlighted filing

2014

Assets$30,551,338
Liabilities$29,682,575
Net Assets$868,763
Open 2014 Filing

Operations Trend

Revenue Growth81st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40M$30M$20M$10M$0-$10MRevenue 2011: $20,788,101Expenses 2011: $20,834,264Net Income 2011: -$46,1632011Expenses 2012: $20,393,1762012Revenue 2013: $7,529,370Expenses 2013: $7,698,004Net Income 2013: -$168,6342013Revenue 2014: $9,231,620Expenses 2014: $9,256,197Net Income 2014: -$24,5772014Revenue 2015: $12,622,634Expenses 2015: $12,612,541Net Income 2015: $10,0932015Revenue 2016: $12,144,702Expenses 2016: $11,996,356Net Income 2016: $148,3462016Revenue 2017: $10,800,497Expenses 2017: $10,726,080Net Income 2017: $74,4172017Revenue 2018: $13,968,255Expenses 2018: $13,529,620Net Income 2018: $438,6352018Revenue 2019: $35,533,893Expenses 2019: $35,173,668Net Income 2019: $360,2252019Revenue 2020: $27,495,350Expenses 2020: $27,468,624Net Income 2020: $26,7262020Revenue 2021: $10,752,801Expenses 2021: $10,538,560Net Income 2021: $214,2412021Revenue 2022: $14,853,693Expenses 2022: $15,091,479Net Income 2022: -$237,7862022Revenue 2023: $36,158,450Expenses 2023: $35,498,648Net Income 2023: $659,8022023Revenue 2024: $22,492,763Expenses 2024: $21,984,308Net Income 2024: $508,4552024

Highlighted filing

2014

Revenue$9,231,620
Expenses$9,256,197
Net Income-$24,577
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 10, 2015
Return Version
2013v4.0
Gross Receipts
$9,231,620
Mission and Program Overview

Mission

The Institute, through a public and private partnership, shall encourage, promote, stimulate and support research and development activity leading to the commercialization of new products and services in Maine's technology-intensive industrial sectors to enhance the competitive position of those sectors and increase the likelihood that one or more of the sectors will support clusters of industrial activity and to create new jobs for Maine people. The Institute is one element of Maine's economic development strategy and will contribute to the long-term development of a statewide research, development and product deployment infrastructure.

Provides grants to subrecipients in the State of Maine.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$26,674,711$25,640,795▼ $1,033,916
Pledges and Grants Receivable$81,617$3,565,888▲ $3,484,271
Investments Other Securities$398,496$475,246▲ $76,750
Other Notes and Loans Receivable, Net$330,000$430,000▲ $100,000
Accounts Receivable$507,098$261,267▼ $245,831
Prepaid Expenses and Deferred Charges$17,523$81,410▲ $63,887
Land, Buildings, and Equipment, Net$45,699$76,332▲ $30,633
Cash and Non-Interest-Bearing Accounts$20,300$20,400▲ $100
Total Assets$28,075,444$30,551,338▲ $2,475,894
Liabilities
Deferred Revenue$26,163,058$28,466,822▲ $2,303,764
Grants Payable$930,055$992,472▲ $62,417
Accounts Payable and Accrued Expenses$78,619$218,086▲ $139,467
Mortgage Notes Payable Secured by Investment Property$10,372$5,195▼ $5,177
Total Liabilities$27,182,104$29,682,575▲ $2,500,471
Net Assets / Fund Balance
Unrestricted Net Assets$893,340$868,763▼ $24,577
Total Net Assets Fund Balance$893,340$868,763▼ $24,577
Total Liabilities and Net Assets / Fund Balance$28,075,444$30,551,338▲ $2,475,894

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$30,291$103,680$133,971
Equipment$41,606$68,999$110,605
Leasehold Improvements$4,435$5,423$9,858
Compensation and Service Providers
Top Officer Pay14th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Robert MartinPresidentFT$115,987$115,987

Board Members and Trustees

NameTitle
Linda DiouChairman
David ErbVice Chairman
Chris DavisDirector
George GervaisDirector
Paul EdmondsDirector
Paul TurinaDirector
Scott BourgetDirector
Stephen SmithDirector
Steve HandDirector
James WardSecretary
Timothy NightingaleTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Battelle Memorial InstituteProgram consulting-$165,202
MMB Management IncProgram consulting-$121,500
Revenue and Support

Revenue Composition

Contributions and Grants
$8,680,245
Program Service Revenue
$760
Investment Income
$318,118
Other Revenue
$232,497
All Other Contributions
$847,040
Change in Net Assets
$-24,577

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,231,620
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$115,987
Total Revenue per Audited Statements
$9,347,607
Total Revenue per Form 990
$9,231,620
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$7,112,377
Other Expenses$1,479,210
Salaries, Compensation, and Employee Benefits$664,610
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$7,060,216--$7,060,216
Other Salaries and Wages$280,222$226,004-$506,226
Advertising$197,607$191,246-$388,853
Fees for Services Management$239,952$35,323-$275,275
Fees for Services Other$108,038$67,862-$175,900
Fees for Services Legal$1,380$96,526-$97,906
Other Employee Benefits$51,459$41,502-$92,961
Occupancy-$53,349-$53,349
Grants to Domestic Individuals$52,161--$52,161
Payroll Taxes$22,577$18,209-$40,786
Office Expenses-$34,560-$34,560
Information Technology$18,030$16,206-$34,236
Travel$4,120$29,486-$33,606
Other Expenses$31,340--$31,340
Fees for Services Accounting-$29,498-$29,498
Depreciation Depletion-$25,476-$25,476
Pension Plan Contributions$13,638$10,999-$24,637
Conferences and Meetings-$14,817-$14,817
Insurance-$9,837-$9,837
Interest-$763-$763
Total Functional Expenses$8,354,534$901,663$0$9,256,197

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$9,372,184
Expenses per Audited Statements$9,256,197
Total Expenses per Form 990$9,256,197
Expenses Not Reported on Form 990$115,987
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
01-6000769--The University of Maine Innovative Industries Initiative- R&D Bond Request$2,479,101
16-1312063--Ecoshel Automated Shingle Production$352,155
06-1736225--Design Enhancement for TidGen Device Manufacturing$351,400
01-0510641--Subcontractor payment$305,584
27-2313975--SIMplexity-early concept tools for architecture$276,220
01-0211513--Wound Healing$260,855
27-2271364--Develop Mighty Mic and SpeedThru Pro$247,565
01-0529028--High Sensitivity FlowCAM$242,470
27-3120070--Low Cost Wind Turbine System: Product Development$196,110
01-6000724--Marine Engine Testing and Evaluation Laboratory$180,792
45-2714985--Newfield Design ERCS$138,526
27-1232998--Product Validation Testing of Low Emission Fuels$136,224
46-1115663--ArchivesTree 2.0 Development$135,000
27-5325787-501 C (3)Sample Collection Kit Development$108,165
01-0523209--Composites Engineering Research Laboratory$106,892
10-0010154--Harbor Tech EC$101,750
45-2651295--Prepare to Wed$95,052
20-2746488-501 C (3)Interactive Kiosk$95,000
94-3390322-501 C (3)Process Data Monitor Development & Testing$79,100
45-2407969-501 C (3)Enhanced-RAS Prototype Phase II$75,270
01-0504905--Community-Based Research to Support the Maine Lobster Industry$75,095
56-2344993--What does Clean Tech mean for Maine$63,350
01-0509531--Icein Preservative Coating for Sliced Apples$53,524
27-4513687-501 C (3)helix TI-NMF$45,000
01-0493897--Affordable Heat$44,121
20-4879670--Parachute Fabric with Variable Air Permeability$42,000
01-0527066--BioArmour Microbial Sleeve Cuff Data Validation$39,324
02-1588123--NeuroCheck Beta Prototyping$29,912
26-1885673--Commercialization of a submersible mussel raft$26,500
46-1233752--Coating Layer Development for Photovoltaic Textile$25,980
35-2424819--Monoclonal Antibody Development for Histoplasmosis$25,000
90-0767233--Mushroom Growing Technology$24,282
01-0211810--Market Analysis for Aquatic Toxicology Products$24,000
46-4123052--STARC Systems Prototyping and Manufacturing Tech$23,284
26-1938501--Project Strategy for a Fiber Optic Management Tool$20,924
27-0357914--Business Accelerator Grant - IP filings and market development$20,320
01-6006001-501 C (3)OceanWater Maine: from our shore to your table.$20,000
46-1641803--End-to-End Grant Management Solution$20,000
46-2475017--Research and Development of GARD$20,000
01-0506735--Market Analysis for New Fish Vaccine$20,000
46-2171255--ZF143: a lead compound for tissue regeneration$20,000
46-1063919--Organic Fertilizer from Ocean Biomass$19,930
45-2732153-501 C (3)Concentrating Solar PV-Thermal Prototype$19,620
27-3319259-501 C (3)A prototype harvester for Maine-grown hops$19,160
27-1858888--Advanced Building Monitoring & Control Technology$18,788
14-2010196--Renewable Energy Center at NASB - Phase I & II$17,871
80-0876716--LifeKite$16,540
06-1696576--BAG Marketing Effort$16,000
01-0523959--Seeding Technologies for Sea Vegetables$15,874
46-0567050-501 C (3)Double Blue Sports Wearable Sensor Development$15,695
45-2519284-501 C (3)Extend CCMS Development$13,590
26-4082236-501 C (3)Intellectual Property Protection$13,370
01-0492077--Mapping Solar P-V Electric Generation Potential$12,751
39-2007723--Patent Protection for a New Class of Enzymes$12,000
01-0534502--Chilled Sea Spray System for Holding Lobsters$10,000
27-3059463--Advanced Analytics for Data Center Cooling Systems$9,000
32-0182411--Technology to Measure Proficiency of Self-Care$8,550
30-0749428--Prototype Development and Testing of Plasma Cutter$8,350
46-4020641-501 C (3)bizzieMe Tech Development and Funding Prep$6,840
01-0526458--Sustainable Year Round Agriculture Cluster Initiative$6,800
26-4689481--Floral Design Software$6,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11

“The Finance and Administration Manager performs an initial review of the Form 990 with the external preparers and secondarily with the President of the organization. A copy of the completed Form 990 and accompanying schedules is then provided to the Maine Technology Institute Board of Directors for review and discussion at the monthly board meeting preceding the filing date.”

Form 990, Part VI, Section B, line 12C

“The organization requires that all board members, paid and volunteer application reviewers and employees sign conflict of interest policy statements, which are kept on file by the organization. The policy requires that an individual disclose a conflict of interest as soon as the circumstances arise; that board members, reviewers and employees recuse themselves from discussions and decisions whenever there is a real or perceived conflict of interest. Additionally, award applicants are asked to disclose parties who may have a conflict of interest reviewing their projects; volunteer review board and governing board members are posted on the MTI website for their information. Care is taken to eliminate anyone with a conflict from each step in the review and decision-making process.”

Form 990, Part VI, Section C, line 19

“The conflict of interest policy is available on the website. The financials are available upon request and are included in the annual report.”

Filing and Contact Details

Filer

EIN
01-0529871
Phone
2075824790

Signing Officer

Name
Brian Whitney
Title
Acting Director
Phone
2075824790
Signed
2015-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Whitney
Formed
1999
Legal Domicile
Me
Voting Board Members
11
Independent Board Members
11
Employees
14
Volunteers
100

Preparer

Preparer
Barbara J McGuan CPA
Phone
2077752387
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

“Form 990, Part XII, Line 2c: This process has not changed from prior years.”

Raw XML AppendixShowing 400 of 1,091 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm6Scott Bourget
IRS990/Form990PartVIISectionAGrp/PersonNm7Steve Hand
IRS990/Form990PartVIISectionAGrp/PersonNm8Chris Davis
IRS990/Form990PartVIISectionAGrp/PersonNm9George Gervais
IRS990/Form990PartVIISectionAGrp/PersonNm10Paul Edmonds
IRS990/Form990PartVIISectionAGrp/PersonNm11Robert Martin
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1193190
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11President
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd00
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt07833205
IRS990/GrantAmt07112377
IRS990/GrantsPayableGrp/BOYAmt0930055
IRS990/GrantsPayableGrp/EOYAmt0992472
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt052161
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt052161
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt07060216
IRS990/GrantsToDomesticOrgsGrp/TotalAmt07060216
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt09231620
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt016206
IRS990/InformationTechnologyGrp/ProgramServicesAmt018030
IRS990/InformationTechnologyGrp/TotalAmt034236
IRS990/InsuranceGrp/ManagementAndGeneralAmt09837
IRS990/InsuranceGrp/TotalAmt09837
IRS990/InterestGrp/ManagementAndGeneralAmt0763
IRS990/InterestGrp/TotalAmt0763
IRS990/InvestmentIncomeGrp/ExclusionAmt0318118
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0318118
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0398496
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0475246
IRS990/IRPDocumentCnt020
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0178102
IRS990/LandBldgEquipBasisNetGrp/BOYAmt045699
IRS990/LandBldgEquipBasisNetGrp/EOYAmt076332
IRS990/LandBldgEquipCostOrOtherBssAmt0254434
IRS990/LegalDomicileStateCd0ME
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The Institute, through a public and private partnership, shall encourage, promote, stimulate and support research and development activity leading to the commercialization of new products and services in Maine's technology-intensive industrial sectors to enhance the competitive position of those sectors and increase the likelihood that one or more of the sectors will support clusters of industrial activity and to create new jobs for Maine people. The Institute is one element of Maine's economic development strategy and will contribute to the long-term development of a statewide research, development and product deployment infrastructure.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt010372
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05195
IRS990/NetAssetsOrFundBalancesBOYAmt0893340
IRS990/NetAssetsOrFundBalancesEOYAmt0868763
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt053349
IRS990/OccupancyGrp/TotalAmt053349
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt034560
IRS990/OfficeExpensesGrp/TotalAmt034560
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt041502
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt051459
IRS990/OtherEmployeeBenefitsGrp/TotalAmt092961
IRS990/OtherExpensesGrp/Desc0Program Review
IRS990/OtherExpensesGrp/Desc1Miscellaneous Expense
IRS990/OtherExpensesGrp/ProgramServicesAmt0273794
IRS990/OtherExpensesGrp/ProgramServicesAmt131340
IRS990/OtherExpensesGrp/TotalAmt0273794
IRS990/OtherExpensesGrp/TotalAmt131340
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0226004
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0280222
IRS990/OtherSalariesAndWagesGrp/TotalAmt0506226
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0330000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0430000
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt018209
IRS990/PayrollTaxesGrp/ProgramServicesAmt022577
IRS990/PayrollTaxesGrp/TotalAmt040786
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt010999
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt013638
IRS990/PensionPlanContributionsGrp/TotalAmt024637
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt081617
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt03565888
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt017523
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt081410
IRS990/PrincipalOfficerNm0Brian Whitney
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0Miscellaneous Revenue
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0760
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0760
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt07066077
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt05856867
IRS990/PYInvestmentIncomeAmt0350707
IRS990/PYOtherExpensesAmt01077492
IRS990/PYOtherRevenueAmt0109346
IRS990/PYProgramServiceRevenueAmt03240
IRS990/PYRevenuesLessExpensesAmt0-168634
IRS990/PYSalariesCompEmpBnftPaidAmt0763645
IRS990/PYTotalExpensesAmt07698004
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07529370
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-24577
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0760
IRS990/RoyaltiesRevenueGrp/ExclusionAmt0232497
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt0232497
IRS990/SavingsAndTempCashInvstGrp/BOYAmt026674711
IRS990/SavingsAndTempCashInvstGrp/EOYAmt025640795
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt08680245
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt07066077
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt019951548
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt020454654
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt017059611
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt073212135
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0550615
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0460053
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0287288
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0347596
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0317657
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01963209
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt034800
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97390
IRS990ScheduleA/PublicSupportPY170Pct00.97710
IRS990ScheduleA/PublicSupportTotal170Amt073212135
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt08680245
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt07066077
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt019951548
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt020454654
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt017059611
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt073212135
IRS990ScheduleA/TotalSupportAmt075175344
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0115987
IRS990ScheduleD/DonatedServicesUseFcltsAmt0115987
IRS990ScheduleD/EquipmentGrp/BookValueAmt041606
IRS990ScheduleD/EquipmentGrp/DepreciationAmt068999
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0110605
IRS990ScheduleD/ExpensesNotReportedAmt0115987
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt09256197
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt04435
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt05423
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt09858
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt030291
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0103680
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0133971
IRS990ScheduleD/RevenueNotReportedAmt0115987
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt09231620
IRS990ScheduleD/TotalBookValueLandBuildingsAmt076332
IRS990ScheduleD/TotalExpensesPerForm990Amt09256197
IRS990ScheduleD/TotalRevenuePerForm990Amt09231620
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt09347607
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt09372184
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt052161
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Technology Seed Grants
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0Technology-based projects
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt013
IRS990ScheduleI/RecipientTable/CashGrantAmt095000
IRS990ScheduleI/RecipientTable/CashGrantAmt1108165
IRS990ScheduleI/RecipientTable/CashGrantAmt275270
IRS990ScheduleI/RecipientTable/CashGrantAmt319160
IRS990ScheduleI/RecipientTable/CashGrantAmt479100
IRS990ScheduleI/RecipientTable/CashGrantAmt519620
IRS990ScheduleI/RecipientTable/CashGrantAmt620000
IRS990ScheduleI/RecipientTable/CashGrantAmt76840
IRS990ScheduleI/RecipientTable/CashGrantAmt845000
IRS990ScheduleI/RecipientTable/CashGrantAmt913370
IRS990ScheduleI/RecipientTable/CashGrantAmt1013590
IRS990ScheduleI/RecipientTable/CashGrantAmt1115695
IRS990ScheduleI/RecipientTable/CashGrantAmt1239324
IRS990ScheduleI/RecipientTable/CashGrantAmt13352155
IRS990ScheduleI/RecipientTable/CashGrantAmt1420320

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$30,551,338
Liabilities
$29,682,575
Net assets
$868,763
Revenue
$9,231,620
Expenses
$9,256,197
Net income
-$24,577
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$29.2$26.1$3.07$22.5$22.0$0.51
2023Detailed filing. Detailed filing data is available for this year.$22.3$19.7$2.56$36.2$35.5$0.66
2022Detailed filing. Detailed filing data is available for this year.$19.6$17.7$1.90$14.9$15.1$0.24
2021Detailed filing. Detailed filing data is available for this year.$20.2$18.1$2.14$10.8$10.5$0.21
2020Detailed filing. Detailed filing data is available for this year.$38.6$36.7$1.93$27.5$27.5$0.03
2019Detailed filing. Detailed filing data is available for this year.$41.6$39.7$1.90$35.5$35.2$0.36
2018Detailed filing. Detailed filing data is available for this year.$49.8$48.2$1.54$14.0$13.5$0.44
2017Detailed filing. Detailed filing data is available for this year.$27.9$26.8$1.10$10.8$10.7$0.07
2016Detailed filing. Detailed filing data is available for this year.$32.4$31.4$1.03$12.1$12.0$0.15
2015Detailed filing. Detailed filing data is available for this year.$27.0$26.1$0.88$12.6$12.6$0.01
2014Detailed filing. Detailed filing data is available for this year.$30.6$29.7$0.87$9.23$9.26$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.1$27.2$0.89$7.53$7.70$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.9$30.8$1.06$20.4
2011Summary only. Only limited summary data is available for this year.$29.1$27.9$1.21$20.8$20.8$0.05