Civic Intelligence

Slater Technology Fund Inc.

990 • Fiscal year 2018 • EIN 06-1493673

Jul 01, 2017 to Jun 30, 2018 • Filed on May 10, 2019

PO Box 9142Providence, RI 02940

(401) 831-6633

Siviq Scores

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

Liabilities / Assets

27th percentile

0.03x

Higher debt load relative to assets than 27% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

47th percentile

0.14x

Higher debt load relative to revenue than 47% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

81st percentile

25%

Higher net margin than 81% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

89th percentile

$312,678

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 13.9% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

70th percentile

8.1%

Faster asset growth than 70% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

13th percentile

-21%

Faster revenue growth than 13% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Assets

Up

$9,989,684

Up $750,396 (+8.1%) from 2017

Net Assets

Up

$9,667,157

Up $559,691 (+6.1%) from 2017

Liabilities

Up

$322,527

Up $190,705 (+145%) from 2017

Revenue

Down

$2,243,077

Down $583,985 (-21%) from 2017

Expenses

Down

$1,683,386

Down $841,710 (-33%) from 2017

Net Income

Up

$559,691

Up $257,725 (+85%) from 2017

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $7,958,664Liabilities 2011: $49,372Net Assets 2011: $7,909,2922011Assets 2012: $10,172,582Liabilities 2012: $122,860Net Assets 2012: $10,049,7222012Assets 2013: $9,124,738Liabilities 2013: $196,270Net Assets 2013: $8,928,4682013Assets 2014: $10,433,197Liabilities 2014: $158,238Net Assets 2014: $10,274,9592014Assets 2015: $8,756,937Liabilities 2015: $150,291Net Assets 2015: $8,606,6462015Assets 2016: $9,023,247Liabilities 2016: $217,747Net Assets 2016: $8,805,5002016Assets 2017: $9,239,288Liabilities 2017: $131,822Net Assets 2017: $9,107,4662017Assets 2018: $9,989,684Liabilities 2018: $322,527Net Assets 2018: $9,667,1572018Assets 2019: $10,928,387Liabilities 2019: $99,393Net Assets 2019: $10,828,9942019Assets 2020: $11,858,470Liabilities 2020: $71,687Net Assets 2020: $11,786,7832020Assets 2021: $16,390,332Liabilities 2021: $183,588Net Assets 2021: $16,206,7442021Assets 2022: $15,915,303Liabilities 2022: $330,245Net Assets 2022: $15,585,0582022Assets 2023: $14,231,172Liabilities 2023: $143,149Net Assets 2023: $14,088,0232023Assets 2024: $14,619,182Liabilities 2024: $85,850Net Assets 2024: $14,533,3322024Assets 2025: $15,299,520Liabilities 2025: $91,527Net Assets 2025: $15,207,9932025

Highlighted filing

2018

Assets$9,989,684
Liabilities$322,527
Net Assets$9,667,157

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2011: $2,516,835Expenses 2011: $1,839,047Net Income 2011: $677,7882011Revenue 2012: $4,053,764Expenses 2012: $1,858,334Net Income 2012: $2,195,4302012Revenue 2013: $2,769,234Expenses 2013: $3,890,488Net Income 2013: -$1,121,2542013Revenue 2014: $3,946,716Expenses 2014: $2,600,225Net Income 2014: $1,346,4912014Revenue 2015: $1,292,906Expenses 2015: $2,961,219Net Income 2015: -$1,668,3132015Revenue 2016: $2,756,383Expenses 2016: $2,557,529Net Income 2016: $198,8542016Revenue 2017: $2,827,062Expenses 2017: $2,525,096Net Income 2017: $301,9662017Revenue 2018: $2,243,077Expenses 2018: $1,683,386Net Income 2018: $559,6912018Revenue 2019: $2,236,465Expenses 2019: $1,074,628Net Income 2019: $1,161,8372019Revenue 2020: $3,329,564Expenses 2020: $2,371,775Net Income 2020: $957,7892020Revenue 2021: $8,003,295Expenses 2021: $3,583,334Net Income 2021: $4,419,9612021Revenue 2022: $2,092,918Expenses 2022: $2,676,631Net Income 2022: -$583,7132022Revenue 2023: $818,045Expenses 2023: $2,374,576Net Income 2023: -$1,556,5312023Revenue 2024: $2,355,091Expenses 2024: $2,803,110Net Income 2024: -$448,0192024Revenue 2025: $2,893,008Expenses 2025: $2,452,210Net Income 2025: $440,7982025

Highlighted filing

2018

Revenue$2,243,077
Expenses$1,683,386
Net Income$559,691
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 10, 2019
Return Version
2017v2.3
Gross Receipts
$2,243,077
Mission and Program Overview

Mission

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$6,417,473$7,015,440▲ $597,967
Other Notes and Loans Receivable, Net$1,475,871$1,806,998▲ $331,127
Savings and Temporary Cash Investments$1,303,498$978,142▼ $325,356
Accounts Receivable-$93,618-
Prepaid Expenses and Deferred Charges$34,426$90,289▲ $55,863
Land, Buildings, and Equipment, Net$8,020$5,197▼ $2,823
Total Assets$9,239,288$9,989,684▲ $750,396
Liabilities
Deferred Revenue-$246,504-
Accounts Payable and Accrued Expenses$131,822$76,023▼ $55,799
Total Liabilities$131,822$322,527▲ $190,705
Net Assets / Fund Balance
Unrestricted Net Assets$9,107,466$9,667,157▲ $559,691
Total Net Assets Fund Balance$9,107,466$9,667,157▲ $559,691
Total Liabilities and Net Assets / Fund Balance$9,239,288$9,989,684▲ $750,396

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,197$59,884$65,081
Leasehold Improvements$0$5,684$5,684
Other Securities$-6,061,515--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard G HoranPresident/sr. Managing DirectorFT$272,231$40,447$312,678
Thorne Sparkman IiiVice President/managing DiFT$260,288$33,109$293,397

Board Members and Trustees

NameTitle
Dennis J Duffy EsqDirector
James C MaynardDirector
Katherine GordonDirector
Raymond M MathieuDirector
Richard SpiesDirector
Geoffrey Davis EsqDirector (to 10/17)
Joseph PignatoDirector (to 10/17)
William FoulkesDirector (to 10/17)
William M SheehanDirector (to 10/17)
Peter J Snyder PhdDirector (to 3/18)
Revenue and Support

Revenue Composition

Contributions and Grants
$1,158,003
Program Service Revenue
$650,430
Investment Income
$337
Other Revenue
$434,307
Change in Net Assets
$559,691

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,243,077
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,243,077
Total Revenue per Form 990
$2,243,077
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,108,176
Salaries, Compensation, and Employee Benefits$575,210
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$201,717$67,239-$268,956
Other Salaries and Wages$186,026$62,008-$248,034
Advertising$84,198--$84,198
Fees for Services Legal$70,512$7,426-$77,938
Fees for Services Other$59,921$1,897-$61,818
Occupancy$44,259$14,753-$59,012
Fees for Services Accounting$38,483$3,211-$41,694
Payroll Taxes$20,929$6,976-$27,905
Insurance$20,242$6,747-$26,989
Office Expenses$18,486$5,258-$23,744
Other Employee Benefits$17,446$4,149-$21,595
Conferences and Meetings$18,496--$18,496
Information Technology$14,924$475-$15,399
Travel$10,696$1-$10,697
Pension Plan Contributions$6,540$2,180-$8,720
Depreciation Depletion$423$2,400-$2,823
Other Expenses$400$958-$400
Total Functional Expenses$1,497,708$185,678$0$1,683,386

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,683,386
Total Expenses per Audited Statements$1,683,386
Total Expenses per Form 990$1,683,386
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Vice PresidentIndividual Serves as Director of a Loan/equity Recipient Company.No$75,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

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.

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

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.

Form 990, Part VI, Section B, Line 15

Annually the board of directors may conduct a performance review and evaluation of the president for the purpose of adjusting the salary going forward. This process involves the evaluation of the individual and a review of compensation of comparable positions obtained from compensation surveys. In addition, the executive committee of the board reviews and approves any calculations for compensation required by existing employment agreements.

Form 990, Part VI, Section C, Line 19

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.

Filing and Contact Details

Filer

Filer Name
Slater Technology Fund Inc
EIN
06-1493673
Phone
4018316633
Address
PO BOX 9142, PROVIDENCE, RI 02940

Signing Officer

Name
Thorne Sparkman Iii
Title
Vice President
Phone
4018316633
Signed
2019-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thorne Sparkman Iii
Formed
1997
Legal Domicile
Ri
Voting Board Members
5
Independent Board Members
5
Employees
4
Volunteers
0

Preparer

Firm
Kahn Litwin Renza & Co Ltd
Address
951 NORTH MAIN STREET, PROVIDENCE, RI 02904
Preparer
Deborah a Hopkins
Phone
4012742001
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

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.

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IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt07015440
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt065568
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08020
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05197
IRS990/LandBldgEquipCostOrOtherBssAmt070765
IRS990/LegalDomicileStateCd0RI
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO 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/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt09107466
IRS990/NetAssetsOrFundBalancesEOYAmt09667157
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt014753
IRS990/OccupancyGrp/ProgramServicesAmt044259
IRS990/OccupancyGrp/TotalAmt059012
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05258
IRS990/OfficeExpensesGrp/ProgramServicesAmt018486
IRS990/OfficeExpensesGrp/TotalAmt023744
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04149
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt017446
IRS990/OtherEmployeeBenefitsGrp/TotalAmt021595
IRS990/OtherExpensesGrp/Desc0LOAN IMPAIRMENT EXPENSE
IRS990/OtherExpensesGrp/Desc1DUES, PUBLICATIONS AND
IRS990/OtherExpensesGrp/Desc2TAXES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0958
IRS990/OtherExpensesGrp/ProgramServicesAmt0672996
IRS990/OtherExpensesGrp/ProgramServicesAmt111014
IRS990/OtherExpensesGrp/ProgramServicesAmt2400
IRS990/OtherExpensesGrp/TotalAmt0672996
IRS990/OtherExpensesGrp/TotalAmt111972
IRS990/OtherExpensesGrp/TotalAmt2400
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0GAIN - CONCORDIA DISSO
IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt0403153
IRS990/OtherRevenueMiscGrp/ExclusionAmt131154
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0403153
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt131154
IRS990/OtherRevenueTotalAmt0434307
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt062008
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0186026
IRS990/OtherSalariesAndWagesGrp/TotalAmt0248034
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01475871
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01806998
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06976
IRS990/PayrollTaxesGrp/ProgramServicesAmt020929
IRS990/PayrollTaxesGrp/TotalAmt027905
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02180
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt06540
IRS990/PensionPlanContributionsGrp/TotalAmt08720
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt034426
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt090289
IRS990/PrincipalOfficerNm0THORNE SPARKMAN III
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0INT - TECH DEV LOANS
IRS990/ProgramServiceRevenueGrp/Desc1DIVS - INV IN QUAL ENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0361224
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1289206
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0361224
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1289206
IRS990/ProgSrvcAccomActy2Grp/Desc0VENTURE SUPPORT - PROVIDED TECHNICAL, BUSINESS DEVELOPMENT ASSISTANCE, AND PUBLIC RELATIONS TO OVER SIXTY (60) QUALIFYING ENTITIES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0824713
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0EQUITY 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/ExpenseAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0289206
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01945000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt018517
IRS990/PYOtherExpensesAmt01737931
IRS990/PYOtherRevenueAmt0257068
IRS990/PYProgramServiceRevenueAmt0606477
IRS990/PYRevenuesLessExpensesAmt0301966
IRS990/PYSalariesCompEmpBnftPaidAmt0787165
IRS990/PYTotalExpensesAmt02525096
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02827062
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0559691
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0361224
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01303498
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0978142
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01158003
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01945000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02100510
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0352940
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01022644
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06579097
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0337
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt018517
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt036398
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0939966
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02924072
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03919290
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01842973
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt031154
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt063907
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt05436
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0100497
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.62070
IRS990ScheduleA/PublicSupportPY170Pct00.60260
IRS990ScheduleA/PublicSupportTotal170Amt06579097
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01158003
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01945000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02100510
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0352940
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01022644
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06579097
IRS990ScheduleA/TotalSupportAmt010598884
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt05197
IRS990ScheduleD/EquipmentGrp/DepreciationAmt059884
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt065081
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01683386
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt05684
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt05684
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt011754829
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt11322126
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2-6061515
IRS990ScheduleD/OtherSecuritiesGrp/Desc0EQUITY INVESTMENTS IN QUALIFIED COMPANIES
IRS990ScheduleD/OtherSecuritiesGrp/Desc1EQUITY INVESTMENTS DIVIDENDS RECEIVABLE
IRS990ScheduleD/OtherSecuritiesGrp/Desc2LESS INVESTMENTS IMPAIRMENT RESERVE
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02243077
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SLATER 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/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05197
IRS990ScheduleD/TotalBookValueSecuritiesAmt07015440
IRS990ScheduleD/TotalExpensesPerForm990Amt01683386
IRS990ScheduleD/TotalRevenuePerForm990Amt02243077
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02243077
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01683386
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0272231
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1260288
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt010660
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt110437
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.3$0.09$15.2$2.89$2.45$0.44
2024Detailed filing. Detailed filing data is available for this year.$14.6$0.09$14.5$2.36$2.80$0.45
2023Detailed filing. Detailed filing data is available for this year.$14.2$0.14$14.1$0.82$2.37$1.56
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.9$0.33$15.6$2.09$2.68$0.58
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.4$0.18$16.2$8.00$3.58$4.42
2020Detailed filing. Detailed filing data is available for this year.$11.9$0.07$11.8$3.33$2.37$0.96
2019Detailed filing. Detailed filing data is available for this year.$10.9$0.10$10.8$2.24$1.07$1.16
2018Detailed filing. Detailed filing data is available for this year.$9.99$0.32$9.67$2.24$1.68$0.56
2017Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$9.24$0.13$9.11$2.83$2.53$0.30
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.02$0.22$8.81$2.76$2.56$0.20
2015Summary only. Only limited summary data is available for this year.$8.76$0.15$8.61$1.29$2.96$1.67
2014Summary only. Only limited summary data is available for this year.$10.4$0.16$10.3$3.95$2.60$1.35
2013Summary only. Only limited summary data is available for this year.$9.12$0.20$8.93$2.77$3.89$1.12
2012Summary only. Only limited summary data is available for this year.$10.2$0.12$10.0$4.05$1.86$2.20
2011Summary only. Only limited summary data is available for this year.$7.96$0.05$7.91$2.52$1.84$0.68