Liabilities / Assets
53rd percentile
Tied with the lowest-debt nonprofits in its peer group.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
2nd percentile
Faster asset growth than 2% of similar nonprofits.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Balance Sheet
Assets
Down$459
Down $9,244 (-95%) from 2011
Net Assets
Down$459
Down $9,244 (-95%) from 2011
Liabilities
Flat$0
Flat from 2011
Revenue And Expenses
Revenue
-
No earlier filing loaded for comparison.
Expenses
Down$9,244
Down $246,778 (-96%) from 2011
Net Income
-
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2012 to Dec 31, 2012
- Signed
- Nov 13, 2013
- Return Version
- 2012v2.3
- Gross Receipts
- $0
Mission and Program Overview
Mission
Concept web 4.0 ("the organization") was formed to bring together a consortium of scientists and scientific institutions as well as persons who are active in the academic information realm to contribute information and technology in order to facilitate a global repository of intra-operable knowledge, with the benefit to the public of reduced redundancy in global information and promote greater efficiencies in internet-based research. One of the main charitable purposes of the organization is to reduce redundancy in global information and data repositories. This will be effectuated through grants to academic institutions and non-profit scientific organizations. The organization is working to address the challenges associated with the production of unprecedented volumes of academic and professional information, including storage, search capabilities and analysis, particularly in connection with scientific disciplines. As the amount of information available on the internet grows, it is in
Filing and Contact Details
Filer
- EIN
- 26-4094629
Raw XML Appendix286 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/ActivityOrMissionDescription | 0 | CONCEPT WEB 4.0 ("THE ORGANIZATION") WAS FORMED TO BRING TOGETHER A CONSORTIUM OF SCIENTISTS AND SCIENTIFIC INSTITUTIONS AS WELL AS PERSONS WHO ARE ACTIVE IN THE ACADEMIC INFORMATION REALM TO CONTRIBUTE INFORMATION AND TECHNOLOGY IN ORDER TO FACILITATE A GLOBAL REPOSITORY OF INTRA-OPERABLE KNOWLEDGE, WITH THE BENEFIT TO THE PUBLIC OF REDUCED REDUNDANCY IN GLOBAL INFORMATION AND PROMOTE GREATER EFFICIENCIES IN INTERNET-BASED RESEARCH. ONE OF THE MAIN CHARITABLE PURPOSES OF THE ORGANIZATION IS TO REDUCE REDUNDANCY IN GLOBAL INFORMATION AND DATA REPOSITORIES. THIS WILL BE EFFECTUATED THROUGH GRANTS TO ACADEMIC INSTITUTIONS AND NON-PROFIT SCIENTIFIC ORGANIZATIONS. THE ORGANIZATION IS WORKING TO ADDRESS THE CHALLENGES ASSOCIATED WITH THE PRODUCTION OF UNPRECEDENTED VOLUMES OF ACADEMIC AND PROFESSIONAL INFORMATION, INCLUDING STORAGE, SEARCH CAPABILITIES AND ANALYSIS, PARTICULARLY IN CONNECTION WITH SCIENTIFIC DISCIPLINES. AS THE AMOUNT OF INFORMATION AVAILABLE ON THE INTERNET GROWS, IT IS IN |
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| IRS990/Description | 0 | CONCEPT WEB 4.0 ("THE ORGANIZATION") HAS BEGUN TO HOLD INITIAL CONFERENCES AND COORDINATE RESEARCH RELATING TO THE ORGANIZATION'S EXEMPT PURPOSE. TO DATE, THE ORGANIZATION HAS UNDERTAKEN SEVERAL ACTIVITIES. MEMBERS OF THE BOARD OF DIRECTORS HAVE SPOKEN AT RELEVANT CONFERENCES AND CONTACTED PROSPECTIVE MEMBERS. IN ADDITION, THE ORGANIZATION HAS PREPARED APPLICATIONS FOR REQUESTS FOR FUNDING, INCLUDING GRANTS FROM THE NATIONAL SCIENCE FOUNDATION. ALSO, THE ORGANIZATION HAS CREATED WORKING GROUPS TO PREPARE NON-BINDING WRITTEN RECOMMENDATIONS FOR THE ORGANIZATION ABOUT MEMBERSHIP, FUNDING, TECHNICAL DEVELOPMENTS, AND SIMILAR ISSUES IN THE FIELD. IT IS ANTICIPATED THAT MANY INDIVIDUALS PARTICIPATING IN THESE WORKING GROUPS WILL APPLY FOR MEMBERSHIP IN THE ORGANIZATION. THE ORGANIZATION IS INTENDED TO BE OPERATED MAINLY THROUGH THE EFFORTS OF ITS VOLUNTEER BOARD OF DIRECTORS AND VOLUNTEER MEMBERS. IN THE FUTURE THE ORGANIZATION MAY COORDINATE AND FUND SCIENTIFIC AND TECHNOLOGICAL RESEARCH ON REDUCING REDUNDANCY AND AMBIGUITY IN GLOBAL INFORMATION AND DATA REPOSITORIES THROUGH GRANTS TO ACADEMIC INSTITUTIONS AND NON-PROFIT SCIENTIFIC ORGANIZATIONS. DURING 2011, THE ORGANIZATION PROVIDED A GRANT TO LEIDEN UNIVERSITY MEDICAL CENTER IN AN EFFORT TO FUND SCIENTIFIC AND TECHNOLOGICAL RESEARCH. THE ORANIZATION DID NOT MAKE ANY GRANTS DURING 2012 DUE TO FUNDING LIMITATIONS. |
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| IRS990/MissionDescription | 0 | CONCEPT WEB 4.0 ("THE ORGANIZATION") WAS FORMED TO BRING TOGETHER A CONSORTIUM OF SCIENTISTS AND SCIENTIFIC INSTITUTIONS AS WELL AS PERSONS WHO ARE ACTIVE IN THE ACADEMIC INFORMATION REALM TO CONTRIBUTE INFORMATION AND TECHNOLOGY IN ORDER TO FACILITATE A GLOBAL REPOSITORY OF INTRA-OPERABLE KNOWLEDGE, WITH THE BENEFIT TO THE PUBLIC OF REDUCED REDUNDANCY IN GLOBAL INFORMATION AND PROMOTE GREATER EFFICIENCIES IN INTERNET-BASED RESEARCH. ONE OF THE MAIN CHARITABLE PURPOSES OF THE ORGANIZATION IS TO REDUCE REDUNDANCY IN GLOBAL INFORMATION AND DATA REPOSITORIES. THIS WILL BE EFFECTUATED THROUGH GRANTS TO ACADEMIC INSTITUTIONS AND NON-PROFIT SCIENTIFIC ORGANIZATIONS. THE ORGANIZATION IS WORKING TO ADDRESS THE CHALLENGES ASSOCIATED WITH THE PRODUCTION OF UNPRECEDENTED VOLUMES OF ACADEMIC AND PROFESSIONAL INFORMATION, INCLUDING STORAGE, SEARCH CAPABILITIES AND ANALYSIS, PARTICULARLY IN CONNECTION WITH SCIENTIFIC DISCIPLINES. AS THE AMOUNT OF INFORMATION AVAILABLE ON THE INTERNET GROWS, IT IS IN |
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| IRS990ScheduleL/Form990ScheduleLPartIV/NameOfInterestedPerson/NameBusiness/BusinessNameLine1 | 0 | MOVE 40 INC |
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| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | CONCEPT WEB 4.0 ("THE ORGANIZATION") WAS FORMED TO BRING TOGETHER A CONSORTIUM OF SCIENTISTS AND SCIENTIFIC INSTITUTIONS AS WELL AS PERSONS WHO ARE ACTIVE IN THE ACADEMIC INFORMATION REALM TO CONTRIBUTE INFORMATION AND TECHNOLOGY IN ORDER TO FACILITATE A GLOBAL REPOSITORY OF INTRA-OPERABLE KNOWLEDGE, WITH THE BENEFIT TO THE PUBLIC OF REDUCED REDUNDANCY IN GLOBAL INFORMATION AND PROMOTE GREATER EFFICIENCIES IN INTERNET-BASED RESEARCH. ONE OF THE MAIN CHARITABLE PURPOSES OF THE ORGANIZATION IS TO REDUCE REDUNDANCY IN GLOBAL INFORMATION AND DATA REPOSITORIES. THIS WILL BE EFFECTUATED THROUGH GRANTS TO ACADEMIC INSTITUTIONS AND NON-PROFIT SCIENTIFIC ORGANIZATIONS. THE ORGANIZATION IS WORKING TO ADDRESS THE CHALLENGES ASSOCIATED WITH THE PRODUCTION OF UNPRECEDENTED VOLUMES OF ACADEMIC AND PROFESSIONAL INFORMATION, INCLUDING STORAGE, SEARCH CAPABILITIES AND ANALYSIS, PARTICULARLY IN CONNECTION WITH SCIENTIFIC DISCIPLINES. AS THE AMOUNT OF INFORMATION AVAILABLE ON THE INTERNET GROWS, IT IS INCREASINGLY DIFFICULT TO SIFT THROUGH SEARCH RESULTS TO IDENTIFY CURRENT, ACCURATE INFORMATION AND TO MAKE APPROPRIATE LINKAGES AMONG THE RELEVANT RESULTS. ADDITIONALLY, THE REDUNDANCY OF INFORMATION ON THE WORLD WIDE WEB MAKES IT DIFFICULT TO DETERMINE ATTRIBUTION, QUALITY AND PROVENANCE OF THE INFORMATION, WHICH INCREASES THE RISKS OF INACCURACIES, MISATTRIBUTION AND PLAGIARISM. THE ORGANIZATION WILL WORK WITH ITS MEMBERS TO IDENTIFY AND DEVELOP METHODS TO IMPLEMENT A "SEMANTIC WEB" APPROACH, MEANING THAT THE CONNECTIONS BETWEEN DISPARATE DATA ON THE INTERNET WILL BE IDENTIFIED TO ALLOW FOR THE EXTRACTION OF CONSISTENT KNOWLEDGE FROM THESE DISPARATE DATA SOURCES (OFTEN REFERRED TO AS INTEROPERABILITY). FOR THIS INTERCONNECTIVITY, AND THE NECESSARY INTEROPERABILITY, TO OCCUR, THE UNAMBIGUOUS AND ESTABLISHED MEANING (THE "CONCEPT") OF TERMS USED IN TEXTS AND DATA COLLECTIONS MUST BE FIRST UNIQUELY IDENTIFIED. WHERE THE TECHNOLOGY IS NOT CURRENTLY CAPABLE OF RESOLVING AMBIGUITIES, THE CONCEPT WILL NEED TO BE VALIDATED BY INDIVIDUALS. NEXT, THE PROPOSITION THAT CAN BE MADE WITH EACH CONCEPT WILL BE CAPTURED IN A SIMPLE, COMPUTER READABLE FORMAT CALLED A NANOPUBLICATION, INCLUDING THE ABILITY TO WEIGH THE VALIDITY OF EACH INDIVIDUAL ASSERTION. BY CONTRAST, SEARCH ENGINES CURRENTLY RELY PRIMARILY ON LOCATING SPECIFIC WORDS OR PHRASES WITHOUT REFERENCE TO THE CONTEXT AND WITHOUT THE RESOLUTION OF AMBIGUITIES. CREATING NANOPUBLICATIONS THAT INCLUDE INFORMATION ON THE AUTHOR AND THE SOURCE WILL GREATLY ENHANCE THE ABILITY TO CITE SCIENTIFIC INFORMATION. ANY TECHNOLOGIES DEVELOPED BY MEMBERS OF THE ORGANIZATION AS PART OF THIS PROCESS WILL BE OPEN SOURCE, MEANING THAT THE SOURCE CODE FOR THE TECHNOLOGIES IS AVAILABLE TO OTHERS AND MODIFICATIONS OF THE SOURCE CODE ARE PERMITTED. IN ADDITION, THE CONTENT GENERATED WILL BE OPEN ACCESS, MEANING THAT IT WILL BE AVAILABLE FOR FREE TO THE GENERAL PUBLIC. THIS OPEN SOURCE AND OPEN ACCESS POLICY WILL ALLOW THE PUBLIC TO MAKE BETTER USE OF THE INFORMATION CONTAINED IN ONLINE DATABASES. THE ORGANIZATION WILL NOT BE CREATING NEW WEB INFORMATION, RATHER IT IS WORKING TO CREATE BETTER WAYS FOR THE GENERAL PUBLIC, PARTICULARLY THOSE ENGAGED IN ACADEMIC, EDUCATIONAL, OR SCIENTIFIC RESEARCH, TO USE THE ALREADY EXISTING INFORMATION BY STREAMLINING AND ENHANCING THE SEARCH PROCESS AND IMPLEMENTING QUALITY CONTROLS TO REDUCE INACCURACIES AND ENSURE PROPER ATTRIBUTION. AS THE ORGANIZATION RECEIVES ADDITIONAL FUNDING IT MAY INSTITUTE PROGRAMS TO EDUCATE THE LARGER SCIENTIFIC COMMUNITY AND MEMBERS OF THE PUBLIC ON TECHNOLOGIES AVAILABLE TO FACILITATE GREATER EFFICIENCIES IN INTERNET-BASED RESEARCH. THE LARGEST ACTIVITY THE ORGANIZATION WILL ENGAGE IN WILL INVOLVE CONFERENCES AND WORKSHOPS. MEMBERS FROM THE ORGANIZATION WILL ATTEND AND PRESENT AT VARIOUS CONFERENCES AND PROFESSIONAL WORKSHOPS. ALSO, THE ORGANIZATION WILL ORGANIZE AN ANNUAL CONFERENCE AND VARIOUS WORKSHOPS FOR INDIVIDUALS INTERESTED IN THE RESEARCH AND DEVELOPMEN |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | ORGANIZATION IS INTENDED TO BE OPERATED MAINLY THROUGH THE EFFORTS OF ITS VOLUNTEER BOARD OF DIRECTORS AND VOLUNTEER MEMBERS. IN THE FUTURE THE ORGANIZATION MAY COORDINATE AND FUND SCIENTIFIC AND TECHNOLOGICAL RESEARCH ON REDUCING REDUNDANCY AND AMBIGUITY IN GLOBAL INFORMATION AND DATA REPOSITORIES THROUGH GRANTS TO ACADEMIC INSTITUTIONS AND NON-PROFIT SCIENTIFIC ORGANIZATIONS. DURING 2011, THE ORGANIZATION PROVIDED A GRANT TO LEIDEN UNIVERSITY MEDICAL CENTER IN AN EFFORT TO FUND SCIENTIFIC AND TECHNOLOGICAL RESEARCH. THE ORANIZATION DID NOT MAKE ANY GRANTS DURING 2012 DUE TO FUNDING LIMITATIONS. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | THE CONCEPT WEB 4.0, INC. ("THE ORGANIZATION") CONTRACTS WITH MOVE 4.0, INC. ("MOVE") TO PROVIDE ALL MANAGEMENT AND ADMINISTRATIVE SERVICES. THE ORGANIZATION HAS NEGOTIATED AN AGREEMENT BETWEEN IT AND MOVE WHEREBY MOVE WILL PROVIDE MANAGEMENT SERVICES TO THE ORGANIZATION. THE ORGANIZATION MADE THE DECISION TO CONTRACT-OUT MANAGEMENT SERVICES IN ORDER TO MAXIMIZE ITS CASH FLOW THAT WOULD BE AVAILABLE FOR GRANTS AND OTHER EXEMPT ACTIVITIES. THE ORGANIZATION DOES NOT BELIEVE THAT IT WILL HAVE SUFFICIENT FUNDING AVAILABLE AFTER EXPENDITURES TO FUND GRANTS AND OTHER ACTIVITIES IF IT IS TO MAINTAIN ONE OR MORE EMPLOYEES. FURTHERMORE, THE CASH FLOW OF THE ORGANIZATION MAY NOT BE CONSISTENT ENOUGH TO SUPPORT PAYROLL AND ATTENDANT EXPENSES. HOWEVER, THE ORGANIZATION BELIEVES THAT IT WILL REQUIRE MORE MANAGEMENT THAN CAN BE OBTAINED EXCLUSIVELY THROUGH THE USE OF VOLUNTEERS. ACCORDINGLY, THE ORGANIZATION HAS DETERMINED THAT RETAINING THE SERVICES OF A MANAGEMENT COMPANY TO PROVIDE MANAGEMENT SERVICES WILL PROVIDE THE MOST COST EFFECTIVE MANNER OF OBTAINING THE NECESSARY OPERATIONAL SUPPORT. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 3 | MEMBERS OF THE CORPORATION SHALL CONSIST OF THE INITIAL DIRECTORS AND OF SUCH OTHER INDIVIDUALS OR INSTITUTIONS AS MAY BE ELECTED TO MEMBERSHIP FROM TIME TO TIME BY THE OTHER THEN-ACTING MEMBERS, EITHER BY MAJORITY VOTE ANY MEETING, OR BY WRITTEN CONSENT, IN ACCORDANCE WITH THE BYLAWS. THE TERM OF ANY MEMBER SHALL BE ONE YEAR. MEMBERS WILL BE ENTITLED TO VOTE AT THE ANNUAL MEMBER MEETING FOR THE ELECTION OF DIRECTORS AND THE TRANSACTION OF OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEMBERS. THE MEMBERS WILL ALSO VOTE AT SUCH SPECIAL MEETINGS AS MAY BE CALLED BY THE PRESIDENT, THE SECRETARY, OR BY THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 4 | MEMBERS OF THE CORPORATION SHALL CONSIST OF THE INITIAL DIRECTORS AND OF SUCH OTHER INDIVIDUALS OR INSTITUTIONS AS MAY BE ELECTED TO MEMBERSHIP FROM TIME TO TIME BY THE OTHER THEN-ACTING MEMBERS, EITHER BY MAJORITY VOTE ANY MEETING, OR BY WRITTEN CONSENT, IN ACCORDANCE WITH THE BYLAWS. THE TERM OF ANY MEMBER SHALL BE ONE YEAR. MEMBERS WILL BE ENTITLED TO VOTE AT THE ANNUAL MEMBER MEETING FOR THE ELECTION OF DIRECTORS AND THE TRANSACTION OF OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEMBERS. THE MEMBERS WILL ALSO VOTE AT SUCH SPECIAL MEETINGS AS MAY BE CALLED BY THE PRESIDENT, THE SECRETARY, OR BY THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 5 | MEMBERS WILL BE ENTITLED TO VOTE AT THE ANNUAL MEMBER MEETING FOR THE ELECTION OF DIRECTORS AND THE TRANSACTION OF OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEMBERS. THE MEMBERS WILL ALSO VOTE AT SUCH SPECIAL MEETINGS AS MAY BE CALLED BY THE PRESIDENT, THE SECRETARY, OR BY THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 6 | THE FROM 990 WILL BE REVIEWED BY THE OFFICERS AND THE BOARD MEMBERS OF CONCEPT WEB 4.0 ("THE ORGANIZATION"). THE ORGANIZATION'S CERTIFIED PUBLIC ACCOUNTANTS WILL EXPLAIN THE FORM 990 TO THE OFFICERS AND BOARD MEMBERS AND ENSURE THE QUANTITATIVE AND QUALITATIVE ELEMENTS OF THE FORM ARE ACCURATE. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 7 | ALL DIRECTORS, PRINCIPAL OFFICERS, MEMBERS OF A COMMITTEE WITH BOARD-DELEGATED POWERS AND ANY STAFF MEMBERS OR VOLUNTEERS WHO ARE IN A POSITION TO EXERCISE SUBSTANTIAL INFLUENCE OVER THE AFFAIRS OF THE CORPORATION SHALL COMPLETE AN ANNUAL AFFIRMATION OF COMPLIANCE AND DISCLOSURE STATEMENT, AND A QUESTIONNAIRE, WHICH TOGETHER ARE REFERRED TO AS THE "DISCLOSURE STATEMENT," TO DISCLOSE FULLY AND COMPLETELY THE MATERIAL FACTS ABOUT ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. SUCH DISCLOSURE STATEMENT SHALL AFFIRM THAT SUCH PERSON: 1. HAS RECEIVED A COPY OF THIS CONFLICTS OF INTEREST POLICY; 2. HAS READ AND UNDERSTANDS THE POLICY; 3. HAS AGREED TO COMPLY WITH THE POLICY; AND WHENEVER THERE IS REASON TO BELIEVE THAT AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST EXISTS BETWEEN THE CORPORATION AND AN INTERESTED PERSON, THE BOARD OF DIRECTORS SHALL DETERMINE THE APPROPRIATE ORGANIZATIONAL RESPONSE. WHERE THE ACTUAL OR POTENTIAL CONFLICT INVOLVES AN EMPLOYEE OF THE CORPORATION, THE PRESIDENT SHALL, IN THE FIRST INSTANCE, BE RESPONSIBLE FOR REVIEWING THE MATTER AND MAY TAKE APPROPRIATE ACTION AS NECESSARY TO PROTECT THE INTERESTS OF THE CORPORATION. THE PRESIDENT, IN CONSULTATION WITH THE BOARD OF DIRECTORS, SHALL DETERMINE IF ANY FURTHER BOARD REVIEW OR ACTION IS REQUIRED. THE PRESIDENT OF THE BOARD OF DIRECTORS MAY APPOINT A CONFLICTS OF INTEREST COMMITTEE, CONSISTING OF AT LEAST THREE (3) AND NO MORE THAN FIVE (5) DIRECTORS, A MAJORITY OF WHOM SHALL BE DISINTERESTED DIRECTORS, TO REVIEW ACTUAL OR POTENTIAL CONFLICTS OF INTEREST AS THEY ARISE AND TO MAKE RECOMMENDATIONS TO THE BOARD OF DIRECTORS WITH RESPECT THERETO. FOR THIS PURPOSE, "DISINTERESTED DIRECTORS" SHALL BE THOSE DIRECTORS WHO HAVE DISCLOSED NO ACTUAL OR POTENTIAL CONFLICTS OF INTEREST IN THE ANNUAL OR PERIODIC DISCLOSURE FORMS PROVIDED TO THE BOARD OF DIRECTORS. IF ONE OR MORE OF THE DIRECTORS CURRENTLY SERVING ON THE CONFLICTS OF INTEREST COMMITTEE SHOULD HAVE AN UNANTICIPATED CONFLICT OF INTEREST WITH RESPECT TO ANY TRANSACTION UNDER CONSIDERATION, SAID PERSON SHALL DISCLOSE THE CONFLICT AND SHALL BE PROHIBITED FROM PARTICIPATING IN THE EVALUATION OF ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST WITH RESPECT TO SUCH TRANSACTION. THE PRESIDENT MAY APPOINT ANOTHER DIRECTOR TO SERVE IN THE CONFLICTED CONFLICTS OF INTEREST COMMITTEE MEMBER'S PLACE AND STEAD. WHERE AN ACTUAL OR POTENTIAL CONFLICT EXISTS BETWEEN THE INTEREST OF THE CORPORATION AND INTERESTED PERSON WITH RESPECT TO A SPECIFIC PROPOSED ACTION OR TRANSACTION, THE CORPORATION SHALL REFRAIN FROM THE PROPOSED ACTION OR TRANSACTION UNTIL SUCH TIME AS THE PROPOSED ACTION OR TRANSACTION HAS BEEN APPROVED BY THE DISINTERESTED MEMBER OF THE BOARD OF DIRECTORS OF THE CORPORATION. THE FOLLOWING PROCEDURES SHALL APPLY: 1. AN INTERESTED PERSON WHO HAS AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST WITH RESPECT TO A PROPOSED ACTION OR TRANSACTION OF THE CORPORATION SHALL NOT PARTICIPATE IN ANY WAY DURING THE DELIBERATIONS AND DECISION MAKING OF THE CORPORATION WITH RESPECT TO SUCH ACTION OR TRANSACTION. THE INTERESTED PERSON MAY, UPON REQUEST, ANSWER QUESTIONS OR PROVIDE MATERIAL FACTUAL INFORMATION ABOUT THE PROPOSED ACTION OR TRANSACTION. 2. THOSE MEMBERS OF THE BOARD OF DIRECTORS WHO ARE DISINTERESTED PERSONS MAY APPROVE THE PROPOSED ACTION OR TRANSACTION UPON FINDING THAT IT IS IN THE BEST INTEREST OF THE CORPORATION. THE BOARD SHALL CONSIDER WHETHER THE TERMS OF THE PROPOSED TRANSACTION ARE FAIR AND REASONABLE TO THE CORPORATION AND CONSISTENT WITH ITS EXEMPT PURPOSES, AS SET FORTH IN ITS CERTIFICATE OF INCORPORATION. 3. APPROVAL BY THOSE MEMBERS OF THE BOARD OF DIRECTORS WHO ARE DISINTERESTED PERSONS SHALL BE BY VOTE OF A MAJORITY OF DIRECTORS IN ATTENDANCE AT A MEETING AT WHICH A QUORUM IS PRESENT. AN INTERESTED PERSON SHALL NOT BE COUNTED FOR PURPOSES OF DETERMINING WHETHER A QUORUM IS PRESENT, NOR FOR PURPOSES OF DETERMINING WHAT CONSTITUTES A MAJORITY VOTE OF DIRECTORS IN ATTENDANCE. 4. THE MINUTES OF THE MEETING SHALL |
| IRS990ScheduleO/GeneralExplanation/Explanation | 8 | THE OFFICERS OF THE CORPORATION ARE NOT PAID A SALARY. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 9 | THERE ARE CURRENTLY NO EMPLOYEES OTHER THAN THE OFFICERS. THE OFFICERS ARE NOT PAID A SALARY. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 10 | THE GOVERNING DOCUMENTS WILL BE FILED WITH THE SECRETARY OF STATE IN ACCORDANCE WITH STATE LAW. |
| IRS990ScheduleO/GeneralExplanation/Identifier | 0 | ORGANIZATION'S MISSION |
| IRS990ScheduleO/GeneralExplanation/Identifier | 1 | FIRST ACCOMPLISHMENT DESCRIPTION |
| IRS990ScheduleO/GeneralExplanation/Identifier | 2 | MANAGEMENT DELEGATED |
| IRS990ScheduleO/GeneralExplanation/Identifier | 3 | CLASSES OF MEMBERS OR STOCKHOLDERS |
| IRS990ScheduleO/GeneralExplanation/Identifier | 4 | ELECTION OF MEMBERS AND THEIR RIGHTS |
| IRS990ScheduleO/GeneralExplanation/Identifier | 5 | DECISIONS SUBJECT TO APPROVAL OF MEMBERS |
| IRS990ScheduleO/GeneralExplanation/Identifier | 6 | ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 7 | ENFORCEMENT OF CONFLICTS POLICY |
| IRS990ScheduleO/GeneralExplanation/Identifier | 8 | COMPENSATION PROCESS FOR TOP OFFICIAL |
| IRS990ScheduleO/GeneralExplanation/Identifier | 9 | COMPENSATION PROCESS FOR OFFICERS |
| IRS990ScheduleO/GeneralExplanation/Identifier | 10 | GOVERNING DOCUMENTS DISCLOSURE EXPLANATION |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 1 | FORM 990, PAGE 2, PART III, LINE 4A |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 2 | FORM 990, PAGE 6, PART VI, LINE 3 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 3 | FORM 990, PAGE 6, PART VI, LINE 6 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 4 | FORM 990, PAGE 6, PART VI, LINE 7A |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 5 | FORM 990, PAGE 6, PART VI, LINE 7B |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 6 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 7 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 8 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 9 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 10 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990/ScheduleORequired | 0 | true |
| IRS990/School | 0 | false |
| IRS990/SignificantChange | 0 | false |
| IRS990/SignificantNewProgramServices | 0 | false |
| IRS990/StateLegalDomicile | 0 | DE |
| IRS990/StatesWhereCopyOfReturnIsFiled | 0 | DE |
| IRS990/SubjectToProxyTax | 0 | false |
| IRS990/TaxablePartyNotification | 0 | false |
| IRS990/TaxExemptBonds | 0 | false |
| IRS990/Terminated | 0 | false |
| IRS990/TermOrPermanentEndowments | 0 | false |
| IRS990/TheBooksAreInCareOf/AddressUS/AddressLine1 | 0 | 1156 SOUTH WESTLAKE BLVD |
| IRS990/TheBooksAreInCareOf/AddressUS/AddressLine2 | 0 | 1156 SOUTH WESTLAKE BLVD |
| IRS990/TheBooksAreInCareOf/AddressUS/City | 0 | WESTLAKE VILLAGE |
| IRS990/TheBooksAreInCareOf/AddressUS/State | 0 | CA |
| IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode | 0 | 91361 |
| IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine1 | 0 | CONCEPT WEB 40 INC |
| IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine2 | 0 | CONCEPT WEB 40 INC |
| IRS990/TheBooksAreInCareOf/TelephoneNumber | 0 | 5612727317 |
| IRS990/TotalAssets/BOY | 0 | 9703 |
| IRS990/TotalAssetsBOY | 0 | 9703 |
| IRS990/TotalAssets/EOY | 0 | 459 |
| IRS990/TotalAssetsEOY | 0 | 459 |
| IRS990/TotalCompGT150K | 0 | false |
| IRS990/TotalExpensesCurrentYear | 0 | 9244 |
| IRS990/TotalExpensesPriorYear | 0 | 256022 |
| IRS990/TotalFunctionalExpenses/Fundraising | 0 | 0 |
| IRS990/TotalFunctionalExpenses/ManagementAndGeneral | 0 | 5929 |
| IRS990/TotalFunctionalExpenses/ProgramServices | 0 | 3315 |
| IRS990/TotalFunctionalExpenses/Total | 0 | 9244 |
| IRS990/TotalFundrsngExpCurrentYear | 0 | 0 |
| IRS990/TotalGrossUBI | 0 | 0 |
| IRS990/TotalLiabilities/BOY | 0 | 0 |
| IRS990/TotalLiabilities/EOY | 0 | 0 |
| IRS990/TotalLiabilitiesEOY | 0 | 0 |
| IRS990/TotalLiabNetAssetsFundBalances/BOY | 0 | 9703 |
| IRS990/TotalLiabNetAssetsFundBalances/EOY | 0 | 459 |
| IRS990/TotalNbrEmployees | 0 | 0 |
| IRS990/TotalNetAssetsFundBalances/BOY | 0 | 9703 |
| IRS990/TotalNetAssetsFundBalances/EOY | 0 | 459 |
| IRS990/TotalProfFundrsngExpCY | 0 | 0 |
| IRS990/TotalProgramServiceExpense | 0 | 3315 |
| IRS990/TotalRevenueCurrentYear | 0 | 0 |
| IRS990/TotalRevenuePriorYear | 0 | 411836 |
| IRS990/TotalRevenue/TotalRevenueColumn | 0 | 0 |
| IRS990/TransfersToExemptNonChrtblOrg | 0 | false |
| IRS990/TypeOfOrganizationCorporation | 0 | X |
| IRS990/UnrelatedBusinessIncome | 0 | false |
| IRS990/UponRequest | 0 | X |
| IRS990/WhistleblowerPolicy | 0 | false |
| IRS990/YearFormation | 0 | 2009 |
| ReturnHeader/BuildTS | 0 | 2016-03-07 17:11:31Z |
| ReturnHeader/Filer/EIN | 0 | 264094629 |
| ReturnHeader/Filer/Name/BusinessNameLine1 | 0 | CONCEPT WEB 40 INC |
| ReturnHeader/Filer/NameControl | 0 | CONC |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 209 SE 5TH AVENUE |
| ReturnHeader/Filer/USAddress/City | 0 | DELRAY BEACH |
| ReturnHeader/Filer/USAddress/State | 0 | FL |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 33483 |
| ReturnHeader/Officer/AuthorizeThirdParty | 0 | false |
| ReturnHeader/Officer/DateSigned | 0 | 2013-11-13 |
| ReturnHeader/Officer/Name | 0 | ALBERT MONS |
| ReturnHeader/Officer/Title | 0 | PRESIDENT/DIRECTOR |
| ReturnHeader/Preparer/DatePrepared | 0 | 2013-11-15 |
| ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1 | 0 | EDWARD A ZURAW & COMPANY |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1 | 0 | 209 SE 5TH AVE |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City | 0 | DELRAY BEACH |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State | 0 | FL |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode | 0 | 334835206 |
| ReturnHeader/Preparer/Name | 0 | JOSHUA B GEIB CPA |
| ReturnHeader/Preparer/Phone | 0 | 5612727317 |
| ReturnHeader/ReturnType | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDate | 0 | 2012-01-01 |
| ReturnHeader/TaxPeriodEndDate | 0 | 2012-12-31 |
| ReturnHeader/TaxYear | 0 | 2012 |
| ReturnHeader/Timestamp | 0 | 2013-11-15T14:25:36-06:00 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $459
- Liabilities
- $0
- Net assets
- $459
- Revenue
- -
- Expenses
- $9,244
- Net income
- -