Civic Intelligence

Autm Foundation

990EZ • Fiscal year 2022 • EIN 14-2000899

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 08, 2023

712 H Street NE Suite 1611Washington, DC 20002

(202) 960-1800

Siviq Scores

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

Liabilities / Assets

88th percentile

0.39x

Higher debt load relative to assets than 88% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

92nd percentile

0.56x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

46th percentile

2.6%

Higher net margin than 46% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

27th percentile

-14%

Faster asset growth than 27% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

86th percentile

124%

Faster revenue growth than 86% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$185,331

Down $30,602 (-14%) from 2021

Net Assets

Down

$112,467

Down $36,128 (-24%) from 2021

Liabilities

Up

$72,864

Up $5,526 (+8.2%) from 2021

Revenue

Up

$130,867

Up $72,461 (+124%) from 2021

Expenses

Up

$127,420

Up $45,243 (+55%) from 2021

Net Income

Up

$3,447

Up $27,218 (+115%) from 2021

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2016: $128,655Liabilities 2016: $34,177Net Assets 2016: $94,4782016Assets 2017: $130,826Liabilities 2017: $1,400Net Assets 2017: $129,4262017Assets 2018: $210,277Liabilities 2018: $7,974Net Assets 2018: $202,3032018Assets 2019: $273,500Liabilities 2019: $27,734Net Assets 2019: $245,7662019Assets 2020: $249,907Liabilities 2020: $83,525Net Assets 2020: $166,3822020Assets 2021: $215,933Liabilities 2021: $67,338Net Assets 2021: $148,5952021Assets 2022: $185,331Liabilities 2022: $72,864Net Assets 2022: $112,4672022Assets 2023: $218,305Liabilities 2023: $82,217Net Assets 2023: $136,0882023Assets 2024: $257,064Liabilities 2024: $55,116Net Assets 2024: $201,9482024

Highlighted filing

2022

Assets$185,331
Liabilities$72,864
Net Assets$112,467

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2016: $251,990Expenses 2016: $157,512Net Income 2016: $94,4782016Revenue 2017: $291,088Expenses 2017: $253,901Net Income 2017: $37,1872017Revenue 2018: $492,761Expenses 2018: $419,885Net Income 2018: $72,8762018Revenue 2019: $751,492Expenses 2019: $708,028Net Income 2019: $43,4642019Revenue 2020: $20,392Expenses 2020: $74,043Net Income 2020: -$53,6512020Revenue 2021: $58,406Expenses 2021: $82,177Net Income 2021: -$23,7712021Revenue 2022: $130,867Expenses 2022: $127,420Net Income 2022: $3,4472022Revenue 2023: $190,531Expenses 2023: $166,910Net Income 2023: $23,6212023Revenue 2024: $175,521Expenses 2024: $109,661Net Income 2024: $65,8602024

Highlighted filing

2022

Revenue$130,867
Expenses$127,420
Net Income$3,447
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 8, 2023
Return Version
2022v5.0
Gross Receipts
$130,867
Mission and Program Overview

Mission

The core purpose of the autm foundation is to support and enhance the efforts of the association of university technology managers, inc. ("autm") to advance academic technology transfer globally.

Build a better world by advancing technology transfer globally. The foundation's primary objectives are to: - increase awareness by sharing the impact and importance of technology transfer and economic development advocacy - support the technology transfer process from the laboratory to the marketplace - promote training and mentorship in the technology transfer field for professionals at every career stage - build the association's capacity to provide expertise and programs by engaging academic and industry leaders

Program Services

DescriptionGrantsExpenses
TECHNOLOGY TRANSFER TRAINING PROGRAM: THERE IS A DEMAND FOR WELL TRAINED TECHNOLOGY TRANSFER PROFESSIONALS WITH STRONG SCIENTIFIC BACKGROUNDS SPECIALIZING IN INVENTION DISCLOSURE AND ASSESSMENT, INTELLECTUAL PROPERTY MANAGEMENT, MARKETING, LICENSING, STARTUP COMPANY CREATION, OPERATIONS, AND LEADERSHIP. HOWEVER, THESE PROFESSIONS REQUIRE SUBSTANTIAL INDUSTRY TRAINING BEYOND ADVANCED EDUCATION AND RESEARCH. THE AUTM FOUNDATION HAS DEVELOPED A CAREER-ENHANCING PROGRAM DESIGNED TO PROVIDE SUCH TRAINING FOR SCIENCE AND ENGINEER STUDENTS INTERESTED IN ACADEMIC TECHNOLOGY TRANSFER. THE AUTM FOUNDATION CONTINUES TO ENHANCE CURRENT EDUCATIONAL COURSES, WHILE ALSO DEVELOPING NEW TRAINING OPPORTUNITIES THAT REFLECT THE EVOLVING NEEDS OF THE GROWING TECHNOLOGY TRANSFER PROFESSION.$84,725$127,420
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
COLLEEN LOEFFLERExecutive DiPT$0--
YATIN KARPEChair-$0--
KATIE POLLARDTreasurer-$0--
NICHOLE MERCIERSecretary-$0--
GEORGE CHELLAPADirector-$0--
NICOLE MERLIDirector-$0--
Filing and Contact Details

Filer

Filer Name
Autm Foundation
EIN
14-2000899
Phone
2029601800
Address
712 H STREET NE SUITE 1611, WASHINGTON, DC 20002

Signing Officer

Name
Colleen Loeffler
Title
Executive Director
Phone
9193035874
Signed
2023-11-08
Discuss with paid preparer
Yes

Preparer

Firm
Langdon & Company Llp
Address
223 US HIGHWAY 70 EAST SUITE 100, GARNER, NC 27529-4051
Preparer
Susan Dean
Phone
9196621001
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Cash contribution: 84,725

Form 990-ez, Part I, Line 16

Expenses office 96 insurance 547 bank fees 593 membership 1,730 miscellaneous 1,471 software & web 677 investment fees 728 total 5,842

Form 990-ez, Part I, Line 20

Unrealized loss on investments -39,575

Form 990-ez, Part II, Line 24

Pledges receivable 0 12,000 prepaid expenses and deferred charges 743 0 total 743 12,000

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 65,413 72,864 other liabilities 1,925 0

Form 990-ez, Part III

Build a better world by advancing technology transfer globally. The foundation's primary objectives are to: - increase awareness by sharing the impact and importance of technology transfer and economic development advocacy - support the technology transfer process from the laboratory to the marketplace - promote training and mentorship in the technology transfer field for professionals at every career stage - build the association's capacity to provide expertise and programs by engaging academic and industry leaders

Form 990-ez, Part III, Line 28

Technology transfer training program: there is a demand for well trained technology transfer professionals with strong scientific backgrounds specializing in invention disclosure and assessment, intellectual property management, marketing, licensing, startup company creation, operations, and leadership. However, these professions require substantial industry training beyond advanced education and research. The autm foundation has developed a career-enhancing program designed to provide such training for science and engineer students interested in academic technology transfer. The autm foundation continues to enhance current educational courses, while also developing new training opportunities that reflect the evolving needs of the growing technology transfer profession.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CASH CONTRIBUTION: 84,725
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES OFFICE 96 INSURANCE 547 BANK FEES 593 MEMBERSHIP 1,730 MISCELLANEOUS 1,471 SOFTWARE & WEB 677 INVESTMENT FEES 728 TOTAL 5,842
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNREALIZED LOSS ON INVESTMENTS -39,575
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PLEDGES RECEIVABLE 0 12,000 PREPAID EXPENSES AND DEFERRED CHARGES 743 0 TOTAL 743 12,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCOUNTS PAYABLE AND ACCRUED EXPENSES 65,413 72,864 OTHER LIABILITIES 1,925 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BUILD A BETTER WORLD BY ADVANCING TECHNOLOGY TRANSFER GLOBALLY. THE FOUNDATION'S PRIMARY OBJECTIVES ARE TO: - INCREASE AWARENESS BY SHARING THE IMPACT AND IMPORTANCE OF TECHNOLOGY TRANSFER AND ECONOMIC DEVELOPMENT ADVOCACY - SUPPORT THE TECHNOLOGY TRANSFER PROCESS FROM THE LABORATORY TO THE MARKETPLACE - PROMOTE TRAINING AND MENTORSHIP IN THE TECHNOLOGY TRANSFER FIELD FOR PROFESSIONALS AT EVERY CAREER STAGE - BUILD THE ASSOCIATION'S CAPACITY TO PROVIDE EXPERTISE AND PROGRAMS BY ENGAGING ACADEMIC AND INDUSTRY LEADERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TECHNOLOGY TRANSFER TRAINING PROGRAM: THERE IS A DEMAND FOR WELL TRAINED TECHNOLOGY TRANSFER PROFESSIONALS WITH STRONG SCIENTIFIC BACKGROUNDS SPECIALIZING IN INVENTION DISCLOSURE AND ASSESSMENT, INTELLECTUAL PROPERTY MANAGEMENT, MARKETING, LICENSING, STARTUP COMPANY CREATION, OPERATIONS, AND LEADERSHIP. HOWEVER, THESE PROFESSIONS REQUIRE SUBSTANTIAL INDUSTRY TRAINING BEYOND ADVANCED EDUCATION AND RESEARCH. THE AUTM FOUNDATION HAS DEVELOPED A CAREER-ENHANCING PROGRAM DESIGNED TO PROVIDE SUCH TRAINING FOR SCIENCE AND ENGINEER STUDENTS INTERESTED IN ACADEMIC TECHNOLOGY TRANSFER. THE AUTM FOUNDATION CONTINUES TO ENHANCE CURRENT EDUCATIONAL COURSES, WHILE ALSO DEVELOPING NEW TRAINING OPPORTUNITIES THAT REFLECT THE EVOLVING NEEDS OF THE GROWING TECHNOLOGY TRANSFER PROFESSION.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
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