Civic Intelligence

The Conrad Foundation

EIN 26-2304138 • 501(c)3 • Houston, TX

Profile

See schedule o for organization's expanded mission statement.

1120 Nasa Parkway Suite 108Houston, TX 77058

www.conradchallenge.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

82nd percentile

0.18x

Higher debt load relative to assets than 82% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

91st percentile

0.49x

Higher debt load relative to revenue than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

5th percentile

-356%

Higher net margin than 5% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

26th percentile

-27%

Faster asset growth than 26% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

10th percentile

-74%

Faster revenue growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Assets

Down

$157,216

Down $182,838 (-54%) from 2023

Liabilities

Up

$27,694

Up $16,536 (+148%) from 2023

Net Assets

Down

$129,522

Down $199,374 (-61%) from 2023

Revenue

Down

$55,997

Down $474,318 (-89%) from 2023

Expenses

Down

$255,371

Down $158,694 (-38%) from 2023

Net Income

Down

-$199,374

Down $315,624 (-272%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2013: $139,903Liabilities 2013: $3,125Net Assets 2013: $136,7782013Assets 2017: $278,802Liabilities 2017: $21,865Net Assets 2017: $256,9372017Assets 2018: $118,040Liabilities 2018: $37,346Net Assets 2018: $80,6942018Assets 2019: $195,102Liabilities 2019: $99,500Net Assets 2019: $95,6022019Assets 2020: $365,418Liabilities 2020: $52,156Net Assets 2020: $313,2622020Assets 2021: $400,339Liabilities 2021: $55,828Net Assets 2021: $344,5112021Assets 2022: $292,645Liabilities 2022: $50,000Net Assets 2022: $242,6452022Assets 2023: $340,054Liabilities 2023: $11,158Net Assets 2023: $328,8962023Assets 2024: $157,216Liabilities 2024: $27,694Net Assets 2024: $129,5222024

Highlighted filing

2024

Assets$157,216
Liabilities$27,694
Net Assets$129,522

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2013: $540,788Expenses 2013: $569,974Net Income 2013: -$29,1862013Revenue 2017: $491,724Expenses 2017: $289,643Net Income 2017: $202,0812017Revenue 2018: $352,326Expenses 2018: $528,569Net Income 2018: -$176,2432018Revenue 2019: $850,315Expenses 2019: $835,408Net Income 2019: $14,9072019Revenue 2020: $876,114Expenses 2020: $658,454Net Income 2020: $217,6602020Revenue 2021: $839,339Expenses 2021: $808,090Net Income 2021: $31,2492021Revenue 2022: $797,841Expenses 2022: $899,707Net Income 2022: -$101,8662022Revenue 2023: $530,315Expenses 2023: $414,065Net Income 2023: $116,2502023Revenue 2024: $55,997Expenses 2024: $255,371Net Income 2024: -$199,3742024

Highlighted filing

2024

Revenue$55,997
Expenses$255,371
Net Income-$199,374

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 16, 2025
Return Version
2024v5.2
Gross Receipts
$55,997
Mission and Program Overview

Mission

The conrad foundation is a 501c3 organization dedicated to transforming the current methods of teaching science, technology, engineering and math (stem) to students ages 13-18. We promote contextual learning, innovation and entrepreneurship, and foster students' abilities to apply these skills to benefit humanity and to create a sustainable world for this and future generations. The foundation is the only organization of its kind to combine education, innovation and entrepreneurship to inspire real world solutions developed by students.

The conrad foundation is a 501c3 organization dedicated to transforming the current methods of teaching science, technology, engineering and math (stem) to students ages 13-18.

Program Services

DescriptionGrantsExpenses
THE CONRAD FOUNDATION'S CONTINUED SUPPORT OF THE CONRAD CHALLENGE, OPERATED BY SPACE CENTER HOUSTON, IS TO EMPOWER YOUTH TO APPLY ENTREPRENEURIAL SKILLS, CRITICAL THINKING AND A CULTURE OF INNOVATION TO CREATE DEPLOYABLE SOLUTIONS TO GLOBAL CHALLENGES. THE CONRAD FOUNDATION TRANSFERRED OPERATIONS OF THE CONRAD CHALLENGE COMPETITION TO SPACE CENTER HOUSTON DURING 2023-2024.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CRAIG GELFOUNDDirector-$0--
AKHIL JARIWALADirector-$0--
ANDREA LEE-ZUCKERDirector-$0--
REGINA SCHOFIELDDirector-$0--
SIMON GLINSKYDirector-$0--
NANCY CONRADBoard ChairmanPT$0--
NICOLAS COSTIDESPresident & Director-$0--
ANDY STEINEMTreasurer & Director-$0--
LAURA PETERSecretary & Director-$0--
Filing and Contact Details

Filer

Filer Name
The Conrad Foundation
EIN
26-2304138
Phone
7143302853
Address
1120 NASA PARKWAY SUITE 108, HOUSTON, TX 77058

Signing Officer

Name
Nancy Conrad
Title
Board Chairman
Phone
2022483306
Signed
2025-07-16
Discuss with paid preparer
Yes

Preparer

Firm
Ann Thomas CPA Pc
Address
1120 NASA PARKWAY STE 108, HOUSTON, TX 77058
Preparer
Paul Glenn Thomas Iii
Phone
2813333848
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: reimbursements. Amount: 3,000. Description: interest income. Amount: 6,022. Description: licensing income. Amount: 22,350. Total to form 990-ez, line 8: 31,372.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: dues and subscriptions. Amount: 1,122. Description: professional fees. Amount: 6,063. Description: web hosting and internet fees. Amount: 1,054. Description: legal fees. Amount: 125. Description: california state tax and fee. Amount: 120. Description: travel. Amount: 12,637. Description: insurance. Amount: 1,625. Description: conferences. Amount: 125. Description: consulting services. Amount: 25,000. Description: meals. Amount: 377. Description: competition expenses. Amount: 1,601. Description: outside services. Amount: 3,000. Description: bad debt (2023). Amount: 998. Total to form 990-ez, line 16: 53,847.

Form 990-ez, Part II, Line 24 - Other Assets

Description: accounts receivable. Beg. Of year amount: 998. End of year amount: 0. Description: inventories. Beg. Of year amount: 201,524. End of year amount: 0.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: transfer payable to space center houston. Beg. Of year amount: 10,703. End of year amount: 2,564. Description: accounts payable and accrued expenses. Beg. Of year amount: 455. End of year amount: 25,130.

Form 990-ez, Part V, Line 33

The conrad foundation transferred operations of the conrad challenge competition during 2023 and 2024 to space center houston, manned space flight education foundation, 1601 e nasa parkway, houston, tx 77058 ein: 76-0217152. Space center houston will continue the vision of the conrad foundation in bringing together a dynamic community of innovators and entrepreneurs driving a collaborative movement to develop extraordinary and viable solutions to benefit our world in science, technology, engineering and math (stem).

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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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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0SPACE CENTER HOUSTON MANNED SPACE FLIGHT EDUCATION FOUNDATION
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: REIMBURSEMENTS. AMOUNT: 3,000. DESCRIPTION: INTEREST INCOME. AMOUNT: 6,022. DESCRIPTION: LICENSING INCOME. AMOUNT: 22,350. TOTAL TO FORM 990-EZ, LINE 8: 31,372.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DUES AND SUBSCRIPTIONS. AMOUNT: 1,122. DESCRIPTION: PROFESSIONAL FEES. AMOUNT: 6,063. DESCRIPTION: WEB HOSTING AND INTERNET FEES. AMOUNT: 1,054. DESCRIPTION: LEGAL FEES. AMOUNT: 125. DESCRIPTION: CALIFORNIA STATE TAX AND FEE. AMOUNT: 120. DESCRIPTION: TRAVEL. AMOUNT: 12,637. DESCRIPTION: INSURANCE. AMOUNT: 1,625. DESCRIPTION: CONFERENCES. AMOUNT: 125. DESCRIPTION: CONSULTING SERVICES. AMOUNT: 25,000. DESCRIPTION: MEALS. AMOUNT: 377. DESCRIPTION: COMPETITION EXPENSES. AMOUNT: 1,601. DESCRIPTION: OUTSIDE SERVICES. AMOUNT: 3,000. DESCRIPTION: BAD DEBT (2023). AMOUNT: 998. TOTAL TO FORM 990-EZ, LINE 16: 53,847.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 998. END OF YEAR AMOUNT: 0. DESCRIPTION: INVENTORIES. BEG. OF YEAR AMOUNT: 201,524. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: TRANSFER PAYABLE TO SPACE CENTER HOUSTON. BEG. OF YEAR AMOUNT: 10,703. END OF YEAR AMOUNT: 2,564. DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 455. END OF YEAR AMOUNT: 25,130.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CONRAD FOUNDATION TRANSFERRED OPERATIONS OF THE CONRAD CHALLENGE COMPETITION DURING 2023 AND 2024 TO SPACE CENTER HOUSTON, MANNED SPACE FLIGHT EDUCATION FOUNDATION, 1601 E NASA PARKWAY, HOUSTON, TX 77058 EIN: 76-0217152. SPACE CENTER HOUSTON WILL CONTINUE THE VISION OF THE CONRAD FOUNDATION IN BRINGING TOGETHER A DYNAMIC COMMUNITY OF INNOVATORS AND ENTREPRENEURS DRIVING A COLLABORATIVE MOVEMENT TO DEVELOP EXTRAORDINARY AND VIABLE SOLUTIONS TO BENEFIT OUR WORLD IN SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM).
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART V, LINE 33
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0NANCY CONRAD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum02022483306
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE CONRAD FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0CONR
ReturnHeader/Filer/EIN0262304138
ReturnHeader/Filer/PhoneNum07143302853
ReturnHeader/Filer/USAddress/AddressLine1Txt01120 NASA PARKWAY SUITE 108
ReturnHeader/Filer/USAddress/CityNm0HOUSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077058
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0760493089
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ANN THOMAS CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01120 NASA PARKWAY STE 108
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HOUSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077058
ReturnHeader/PreparerPersonGrp/PhoneNum02813333848
ReturnHeader/PreparerPersonGrp/PreparationDt02025-07-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAUL GLENN THOMAS III
ReturnHeader/ReturnTs02025-08-05T13:21:07-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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