Civic Intelligence

Explore Mars Inc

990 • Fiscal year 2015 • EIN 27-1811686

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 15, 2016

PO Box 76360Washington, DC 20013

(617) 909-4425

Siviq Scores

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

Liabilities / Assets

98th percentile

3.45x

Higher debt load relative to assets than 98% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

85th percentile

0.17x

Higher debt load relative to revenue than 85% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

24th percentile

-8.9%

Higher net margin than 24% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

98th percentile

$88,608

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 27.2% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

79th percentile

35%

Faster asset growth than 79% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

53rd percentile

2.9%

Faster revenue growth than 53% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$15,620

Up $4,081 (+35%) from 2014

Net Assets

Down

-$38,203

Down $28,977 (-314%) from 2014

Liabilities

Up

$53,823

Up $33,058 (+159%) from 2014

Revenue

Up

$325,812

Up $9,165 (+2.9%) from 2014

Expenses

Down

$354,786

Down $4,462 (-1.2%) from 2014

Net Income

Up

-$28,974

Up $13,627 (+32%) from 2014

Historical Trend

Balance Sheet Trend

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

$100K$50K$0-$50KAssets 2013: $38,808Liabilities 2013: $5,430Net Assets 2013: $33,3782013Assets 2014: $11,539Liabilities 2014: $20,765Net Assets 2014: -$9,2262014Assets 2015: $15,620Liabilities 2015: $53,823Net Assets 2015: -$38,2032015Assets 2016: $16,661Liabilities 2016: $37,479Net Assets 2016: -$20,8182016Assets 2021: $60,229Liabilities 2021: $63,131Net Assets 2021: -$2,9022021Assets 2022: $68,757Liabilities 2022: $27,926Net Assets 2022: $40,8312022Assets 2024: $24,703Liabilities 2024: $73,933Net Assets 2024: -$49,2302024

Highlighted filing

2015

Assets$15,620
Liabilities$53,823
Net Assets-$38,203

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2013: $320,036Expenses 2013: $294,703Net Income 2013: $25,3332013Revenue 2014: $316,647Expenses 2014: $359,248Net Income 2014: -$42,6012014Revenue 2015: $325,812Expenses 2015: $354,786Net Income 2015: -$28,9742015Revenue 2016: $341,769Expenses 2016: $337,822Net Income 2016: $3,9472016Revenue 2021: $372,543Expenses 2021: $320,309Net Income 2021: $52,2342021Revenue 2022: $494,503Expenses 2022: $452,346Net Income 2022: $42,1572022Revenue 2024: $441,446Expenses 2024: $432,358Net Income 2024: $9,0882024

Highlighted filing

2015

Revenue$325,812
Expenses$354,786
Net Income-$28,974
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2016
Return Version
2015v2.1
Gross Receipts
$325,812
Mission and Program Overview

Mission

To educate the public about the planet mars and promote the scientific exploration and settlement of the planet mars by the united states, other countries, and private entitites. By doing so to encourage young people to study science, technology engineering, the arts and math.

To educate the public about the planet Mars and promote the scientific exploration and settlement of the planet by the United States, other countries, and private entities. By doing so to encourage young people to study science, technology, engineering and math.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$17,467$24,467▲ $7,000
Cash and Non-Interest-Bearing Accounts$11,029$15,231▲ $4,202
Land, Buildings, and Equipment, Net$510$389▼ $121
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$11,539$15,620▲ $4,081
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$3,298$25,856▲ $22,558
Unsecured Notes Loans Payable-$3,500-
Grants Payable-$0-
Mortgage Notes Payable Secured by Investment Property-$0-
Deferred Revenue-$0-
Escrow Account Liability-$0-
Tax Exempt Bond Liabilities-$0-
Total Liabilities$20,765$53,823▲ $33,058
Net Assets / Fund Balance
Temporarily Rstr Net Assets$0$54,536▲ $54,536
Permanently Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$-9,226$-92,739▼ $83,513
Total Net Assets Fund Balance$-9,226$-38,203▼ $28,977
Total Liabilities and Net Assets / Fund Balance$11,539$15,620▲ $4,081

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Equipment$389$210$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christopher J CarberryChief Executive OfficerFT$78,000$10,608$88,608

Board Members and Trustees

NameTitle
Artemis WestenbergPresident
Douglas McCuistionDirector
Michael RafteryDirector
Richard J Phillips JrDirector
Robert Joseph CassadyDirector
Gary C FisherDirector and Treasurer
Debbie L CohenDirector of Finance and Operations
Revenue and Support

Revenue Composition

Contributions and Grants
$267,479
Program Service Revenue
$58,333
Investment Income
$0
Other Revenue
$0
All Other Contributions
$147,479
Change in Net Assets
$-28,974
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$193,853
Salaries, Compensation, and Employee Benefits$160,933
Total Fundraising Expense$14,519
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$79,350$3,252$6,006$88,608
Other Salaries and Wages$51,609$2,115$3,906$57,630
Advertising$33,094--$33,094
Travel$21,682$44$1,732$23,458
Payroll Taxes$13,160$539$996$14,695
Other Expenses$11,339$99$183$11,621
All Other Expenses$10,901$240$443$11,584
Office Expenses$9,896$240$443$10,579
Information Technology$6,258$128$236$6,622
Occupancy$5,285$217$400$5,902
Fees for Services Accounting$1,469$60$111$1,640
Insurance$459$19$35$513
Conferences and Meetings$150--$150
Depreciation Depletion$107$4$8$119
Total Functional Expenses$333,302$6,965$14,519$354,786
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
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Richard Phillips Owner Phillips CoOwnerProvision of public relations services for Explore Mars events. While we utilize his firm, Mr. Phillips himself does not receive any compensation related to this work.No$24,502

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$17,467$24,467▲ $7,000
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
No
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 990 is provided to the Board prior to filing.

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

A review of the policy and discussion of any potential or actual conflicts is undertaken at least once per year at the annual board meeting and more often if necessary.

Form 990, Part VI, Section B, Line 15

Comparable compensation structures for CEOs of similar organizations (similar size & scope) are reviewed by the Treasurer and Director of Finance & Operations in order to determine most appropriate proposed compensation for the CEO. The CEO is the only key employee, and consequently the only position for which this procedure is followed.

Form 990, Part VI, Section C, Line 19

Upon request

Filing and Contact Details

Filer

Filer Name
Explore Mars Inc
EIN
27-1811686
Phone
6179094425
Address
PO Box 76360, Washington, DC 20013

Signing Officer

Name
Debbie Cohen
Title
Director of Finance & Operations
Phone
2024413605
Signed
2016-11-15

Organization Details

Principal Officer
Debbie Cohen
Formed
2010
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
5
Employees
3
Volunteers
25
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

Starting in 2015, Explore Mars is publishing an annual Humans to Mars Report (H2MR), an annual summary of progress made and challenges to be overcome in attaining our goal of sending humans to Mars and establishing a permanent presence there. The H2MR provides updates on challenges, plus progress in areas such as mission architecture design and development, scientific discoveries, policy, public perception, international cooperation and competition, and new private capabilities. In addition to the printed report, Explore Mars maintains the H2MR website that archives support materials used to produce the printed report. The site serves as a valuable resource for interested parties and members of the press. The first annual report was released at the H2M Summit in May of 2015. It was distributed to all members of Congress, industry leaders, space policy experts, NASA officials and members of the interested public. Explore Mars doesn't charge for the publication and a copy is available on the Explore Mars web site.

Form 990, Part XI, Line 9

Differences due to rounding

Raw XML AppendixShowing 400 of 683 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/Desc0Conferences: Explore Mars holds an annual conference called the Humans to Mars Summit (H2M). The conference brings together the top technical, scientific, government and academic experts working to develop the technologies and policies that will enable human missions to Mars to be implemented. The conference is open to the general public and is webcast simultaneously to hundreds of middle school and high school classrooms around the country. H2M is funded through corporate sponsorships, a grant from NASA and individual registration fees. The second conference, entitled "RED" brings together a smaller targeted group of technical, scientific, policy, business and entertainment leaders for the purpose of building a lasting coalition to support and advocate for human Mars missions. The first RED conference was held in 2013 and the second will be held in early 2015.
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IRS990/Form990PartVIISectionAGrp/PersonNm6Debbie L Cohen
IRS990/Form990PartVIISectionAGrp/PersonNm7Christopher J Carberry
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IRS990/Form990PartVIISectionAGrp/TitleTxt6Director of Finance and Operations
IRS990/Form990PartVIISectionAGrp/TitleTxt7Chief Executive Officer
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IRS990/MissionDesc0To educate the public about the planet Mars and promote the scientific exploration and settlement of the planet by the United States, other countries, and private entities. By doing so to encourage young people to study science, technology, engineering, and math.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Starting in 2015, Explore Mars is publishing an annual Humans to Mars Report (H2MR), an annual summary of progress made and challenges to be overcome in attaining our goal of sending humans to Mars and establishing a permanent presence there. The H2MR provides updates on challenges, plus progress in areas such as mission architecture design and development, scientific discoveries, policy, public perception, international cooperation and competition, and new private capabilities. In addition to the printed report, Explore Mars maintains the H2MR website that archives support materials used to produce the printed report. The site serves as a valuable resource for interested parties and members of the press. The first annual report was released at the H2M Summit in May of 2015. It was distributed to all members of Congress, industry leaders, space policy experts, NASA officials and members of the interested public. Explore Mars doesn't charge for the publication and a copy is available on the Explore Mars web site.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0Explore Mars other programs include policy outreach, public outreach and education, including the Teaching Mars program, which pairs grade-school science teachers with aerospace professionals to develop innovative ways to incorporate the science of interplanetary space missions into their curricula; and the Why Mars program
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other income includes speaking honoraria ($1,000), uncategorized income of $815, and pass-through income (we collected credit card payments for books sales for an author doing a book signing at our conference and we paid him with a check, net of credit card fees).
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