Liabilities / Assets
19th percentile
Higher debt load relative to assets than 19% of similar nonprofits.
990 • Fiscal year 2017 • EIN 06-1493673
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
19th percentile
Higher debt load relative to assets than 19% of similar nonprofits.
Liabilities / Revenue
22nd percentile
Higher debt load relative to revenue than 22% of similar nonprofits.
Net Margin
68th percentile
Higher net margin than 68% of similar nonprofits.
Top Officer Pay
87th percentile
Higher top officer pay than 87% of similar nonprofits.
Top officer pay equals 10.0% of source-year revenue.
Asset Growth
45th percentile
Faster asset growth than 45% of similar nonprofits.
Revenue Growth
44th percentile
Faster revenue growth than 44% of similar nonprofits.
Assets
Up$9,239,288
Up $216,041 (+2.4%) from 2016
Net Assets
Up$9,107,466
Up $301,966 (+3.4%) from 2016
Liabilities
Down$131,822
Down $85,925 (-39%) from 2016
Revenue
Up$2,827,062
Up $70,679 (+2.6%) from 2016
Expenses
Down$2,525,096
Down $32,433 (-1.3%) from 2016
Net Income
Up$301,966
Up $103,112 (+52%) from 2016
To promote scientific research and development in the areas of biomedical and informational technologies in the state of rhode island; and to support job creation and other economic activity in rhode island based on such technologies. Small businesses planning to form such businesses, are eligible to apply for grant, equity, and loan awards from the fund.
To promote scientific research and development in the areas of biomedical and informational technologies in the state of rhode island; and to support job creation and other economic activity in rhode island based on such technologies. Small businesses in the state of rhode island, or individuals planning to form such businesses, are eligible to apply for grant, equity, and loan awards from the fund.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Other Securities | $6,143,384 | $6,417,473 | ▲ $274,089 |
| Other Notes and Loans Receivable, Net | $988,181 | $1,475,871 | ▲ $487,690 |
| Savings and Temporary Cash Investments | $1,841,781 | $1,303,498 | ▼ $538,283 |
| Prepaid Expenses and Deferred Charges | $40,212 | $34,426 | ▼ $5,786 |
| Land, Buildings, and Equipment, Net | $9,689 | $8,020 | ▼ $1,669 |
| Total Assets | $9,023,247 | $9,239,288 | ▲ $216,041 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $166,254 | $131,822 | ▼ $34,432 |
| Deferred Revenue | $51,493 | $0 | ▼ $51,493 |
| Total Liabilities | $217,747 | $131,822 | ▼ $85,925 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $8,637,327 | $9,107,466 | ▲ $470,139 |
| Temporarily Rstr Net Assets | $168,173 | $0 | ▼ $168,173 |
| Total Net Assets Fund Balance | $8,805,500 | $9,107,466 | ▲ $301,966 |
| Total Liabilities and Net Assets / Fund Balance | $9,023,247 | $9,239,288 | ▲ $216,041 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $8,020 | $57,061 | $65,081 |
| Leasehold Improvements | $0 | $5,684 | $5,684 |
| Other Securities | $-6,092,669 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Richard G Horan | President/sr. Managing Director | FT | $239,012 | $44,314 | $283,326 |
| Thorne Sparkman Iii | Vice President/managing Di | FT | $234,279 | $33,378 | $267,657 |
| Name | Title |
|---|---|
| Dennis J Duffy Esq | Director |
| Geoffrey Davis Esq | Director |
| James C Maynard | Director |
| Joseph Pignato | Director |
| Katherine Gordon | Director |
| Peter J Snyder Phd | Director |
| Raymond M Mathieu | Director |
| Richard Spies | Director |
| William Foulkes | Director |
| William M Sheehan | Director |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,737,931 |
| Salaries, Compensation, and Employee Benefits | $787,165 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $458,617 | $152,873 | - | $611,490 |
| Other Salaries and Wages | $85,790 | $28,596 | - | $114,386 |
| Advertising | $109,519 | - | - | $109,519 |
| Occupancy | $46,597 | $15,449 | - | $62,046 |
| Fees for Services Accounting | $37,320 | $3,090 | - | $40,410 |
| Payroll Taxes | $25,710 | $8,570 | - | $34,280 |
| Fees for Services Legal | $25,327 | $2,241 | - | $27,568 |
| Insurance | $18,631 | $6,210 | - | $24,841 |
| Conferences and Meetings | $24,826 | - | - | $24,826 |
| Other Employee Benefits | $17,711 | $5,904 | - | $23,615 |
| Office Expenses | $17,495 | $5,342 | - | $22,837 |
| Travel | $12,445 | - | - | $12,445 |
| Information Technology | $7,692 | $1,439 | - | $9,131 |
| Fees for Services Other | $2,930 | $975 | - | $3,905 |
| Pension Plan Contributions | $2,546 | $848 | - | $3,394 |
| Depreciation Depletion | $1,145 | $1,982 | - | $3,127 |
| Other Expenses | $500 | $3,836 | - | $500 |
| All Other Expenses | $105 | - | - | $105 |
| Total Functional Expenses | $2,287,741 | $237,355 | $0 | $2,525,096 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $2,525,096 |
| Total Expenses per Audited Statements | $2,525,096 |
| Total Expenses per Form 990 | $2,525,096 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The form 990 is prepared by the external auditors and reviewed by management. Once all are satisfied with the form, it is finalized and the form is submitted to the irs.”
“At any board, board committee, or advisory board meeting at which discussion or voting occurs with respect to a company in which a covered person has the potential to derive a financial benefit, the covered person shall announce in advance that he or she has a potential conflict and shall recuse himself or herself from participating in such vote. The minutes of such meetings shall note that such covered person recused himself or herself. In addition, each covered person shall make a written disclosure once each year during the month of july, listing all potential conflicts with respect to any company already funded or assisted by the slater technology fund and state any forthcoming potential conflicts that may arise. Such disclosure statements shall be delivered to the corporation within 30 days of receipt of the request for disclosure. The corporation shall maintain such disclosure forms with the corporate records.”
“Annually the board of directors conducts a performance review and evaluation of the president. The review also establishes the individual's compensation for the following year. This process involves the evaluation of the individual and a review of compensation of comparable positions obtained from compensation surveys. The performance appraisal, which contains compensation is the record of the meeting. The president establishes the compensation of the other employees.”
“Slater technology fund, inc. Makes its governing documents, conflict of interest policy, and financial statements available in paper form at its offices during regular business hours.”
“Slater is a not for profit charitable organization exempt from federal income taxes as a public charity under section 501(c)(3) of the internal revenue code. Management believes that slater operates in a manner consistent with its tax exempt status at both the federal and state level. Slater annually files irs form 990 - return of organization exempt from income tax, reporting various information that the irs uses to monitor the activities of tax exempt entities. These tax returns are subject to review by the taxing authorities, generally for three years after they were filed. There are no tax examinations in progress.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 166254 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 131822 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO PROMOTE SCIENTIFIC RESEARCH AND DEVELOPMENT IN THE AREAS OF BIOMEDICAL AND INFORMATIONAL TECHNOLOGIES IN THE STATE OF RHODE ISLAND; AND TO SUPPORT JOB CREATION AND OTHER ECONOMIC ACTIVITY IN RHODE ISLAND BASED ON SUCH TECHNOLOGIES. SMALL BUSINESSES IN THE STATE OF RHODE ISLAND, OR INDIVIDUALS PLANNING TO FORM SUCH BUSINESSES, ARE ELIGIBLE TO APPLY FOR GRANT, EQUITY, AND LOAN AWARDS FROM THE FUND. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 109519 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 109519 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 105 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 105 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | NANCY ESAU |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 4018316633 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3 DAVOL SQUARE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | PROVIDENCE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | RI |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 02903 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 1 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 152873 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 458617 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 611490 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 24826 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 24826 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 1945000 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 18517 |
| IRS990/CYOtherExpensesAmt | 0 | 1737931 |
| IRS990/CYOtherRevenueAmt | 0 | 257068 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 606477 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 301966 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 787165 |
| IRS990/CYTotalExpensesAmt | 0 | 2525096 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 2827062 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 51493 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 1982 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 1145 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 3127 |
| IRS990/Desc | 0 | TECHNOLOGY DEVELOPMENT LOANS - AWARDED LOANS TO THREE (7) R.I. COMPANIES IN ORDER TO PROMOTE SCIENTIFIC RESEARCH AND DEVELOPMENT IN THE BIOMEDICAL TECHNOLOGY, INFORMATION TECHNOLOGY, AND ENERGY INDUSTRIES. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 4 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 1161397 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 3090 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 37320 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 40410 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 2241 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 25327 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 27568 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 975 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 2930 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 3905 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 50.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 50.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 44314 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 33378 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | GEOFFREY DAVIS ESQ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | DENNIS J DUFFY ESQ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | WILLIAM FOULKES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | KATHERINE GORDON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | RAYMOND M MATHIEU |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | JAMES C MAYNARD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | JOSEPH PIGNATO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | WILLIAM M SHEEHAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | PETER J SNYDER PHD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | RICHARD SPIES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | RICHARD G HORAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | THORNE SPARKMAN III |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 239012 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 234279 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | PRESIDENT/SR. MANAGING DIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | VICE PRESIDENT/MANAGING DI |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1997 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 10 |
| IRS990/GovernmentGrantsAmt | 0 | 1945000 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 2827062 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 10 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 2 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 1439 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 7692 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 9131 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 6210 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 18631 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 24841 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 18517 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 18517 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 6143384 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 6417473 |
| IRS990/IRPDocumentCnt | 0 | 14 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 62745 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 9689 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 8020 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 70765 |
| IRS990/LegalDomicileStateCd | 0 | RI |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO PROMOTE SCIENTIFIC RESEARCH AND DEVELOPMENT IN THE AREAS OF BIOMEDICAL AND INFORMATIONAL TECHNOLOGIES IN THE STATE OF RHODE ISLAND; AND TO SUPPORT JOB CREATION AND OTHER ECONOMIC ACTIVITY IN RHODE ISLAND BASED ON SUCH TECHNOLOGIES. SMALL BUSINESSES PLANNING TO FORM SUCH BUSINESSES, ARE ELIGIBLE TO APPLY FOR GRANT, EQUITY, AND LOAN AWARDS FROM THE FUND. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 8805500 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 9107466 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 15449 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 46597 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 62046 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 5342 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 17495 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 22837 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 5904 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 17711 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 23615 |
| IRS990/OtherExpensesGrp/Desc | 0 | LOAN IMPAIRMENT EXPENSE |
| IRS990/OtherExpensesGrp/Desc | 1 | INVESTMENT IMPAIRMENT E |
| IRS990/OtherExpensesGrp/Desc | 2 | DUES, PUBLICATIONS AND |
| IRS990/OtherExpensesGrp/Desc | 3 | TAXES |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 3836 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 1161397 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 211101 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 20337 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 500 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 1161397 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 211101 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 24173 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 500 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 1 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | GAIN - CONCORDIA DISSO |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | OTHER INCOME |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 0 | 193161 |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 1 | 63907 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 193161 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 63907 |
| IRS990/OtherRevenueTotalAmt | 0 | 257068 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 28596 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 85790 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 114386 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 988181 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 1475871 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 8570 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 25710 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 34280 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 848 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 2546 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 3394 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 40212 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 34426 |
| IRS990/PrincipalOfficerNm | 0 | THORNE SPARKMAN III |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | INT - TECH DEV LOANS |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | DIVS - INV IN QUAL ENT |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 329087 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 277390 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 329087 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 277390 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | VENTURE SUPPORT - PROVIDED TECHNICAL, BUSINESS DEVELOPMENT ASSISTANCE, AND PUBLIC RELATIONS TO OVER SIXTY (60) QUALIFYING ENTITIES. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 915243 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | EQUITY INVESTMENTS IN QUALIFIED COMPANIES - INVESTED IN FIVE (5) QUALIFIED COMPANIES IN ORDER TO PROVIDE THEM WITH THE CAPITAL INFUSION NECESSARY TO INTRODUCE PRODUCTS IN RHODE ISLAND. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 211101 |
| IRS990/ProgSrvcAccomActy3Grp/RevenueAmt | 0 | 277390 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 2100510 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 36398 |
| IRS990/PYOtherExpensesAmt | 0 | 1789044 |
| IRS990/PYOtherRevenueAmt | 0 | 33409 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 586066 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 198854 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 768485 |
| IRS990/PYTotalExpensesAmt | 0 | 2557529 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 2756383 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 301966 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 1 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 329087 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 1841781 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 1303498 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 1945000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 2100510 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 352940 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1022644 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1917644 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 7338738 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 18517 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 36398 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 939966 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 2924072 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 851590 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 4770543 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 1192543 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 63907 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 5436 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 69343 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.60260 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.63090 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 7338738 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 1945000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 2100510 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 352940 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1022644 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1917644 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 7338738 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 12178624 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 8020 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 57061 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 65081 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 2525096 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 5684 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 5684 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 0 | 11477223 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 1 | 1032919 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 2 | -6092669 |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | EQUITY INVESTMENTS IN QUALIFIED COMPANIES |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 1 | EQUITY INVESTMENTS DIVIDENDS RECEIVABLE |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 2 | LESS INVESTMENTS IMPAIRMENT RESERVE |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 1 | C |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 2 | C |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 2827062 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | SLATER IS A NOT FOR PROFIT CHARITABLE ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES AS A PUBLIC CHARITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT BELIEVES THAT SLATER OPERATES IN A MANNER CONSISTENT WITH ITS TAX EXEMPT STATUS AT BOTH THE FEDERAL AND STATE LEVEL. SLATER ANNUALLY FILES IRS FORM 990 - RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, REPORTING VARIOUS INFORMATION THAT THE IRS USES TO MONITOR THE ACTIVITIES OF TAX EXEMPT ENTITIES. THESE TAX RETURNS ARE SUBJECT TO REVIEW BY THE TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. THERE ARE NO TAX EXAMINATIONS IN PROGRESS. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 8020 |
| IRS990ScheduleD/TotalBookValueSecuritiesAmt | 0 | 6417473 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 2525096 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 2827062 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 2827062 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 2525096 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | 0 |
| IRS990ScheduleJ/BoardOrCommitteeApprovalInd | 0 | X |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | 0 |
| IRS990ScheduleJ/CompensationCommitteeInd | 0 | X |
| IRS990ScheduleJ/CompensationSurveyInd | 0 | X |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990ScheduleJ/Form990OfOtherOrganizationsInd | 0 | X |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 1 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 239012 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 1 | 234279 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 1 | 0 |
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Displayed year
2017 • Form 990Detailed filing. Detailed filing data is available for this year.