Civic Intelligence

The Perlan Project Inc

990 • Fiscal year 2021 • EIN 27-2151721

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 10, 2022

Organization ProfilePERLANPROJECT.ORG
7415 SW Hart PlBeaverton, OR 97008

(503) 643-0544

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

61st percentile

19%

Higher net margin than 61% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

45th percentile

$37,413

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

72nd percentile

24%

Faster asset growth than 72% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

92nd percentile

152%

Faster revenue growth than 92% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets17th percentile

Assets

Up

$1,278,425

Up $247,889 (+24%) from 2020

Net Assets

Up

$1,278,425

Up $247,889 (+24%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue17th percentileNet Margin61st percentile

Revenue

Up

$1,310,788

Up $790,103 (+152%) from 2020

Expenses

Down

$1,062,899

Down $50,287 (-4.5%) from 2020

Net Income

Up

$247,889

Up $840,390 (+142%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth72nd percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2015: $7,218,265Liabilities 2015: $0Net Assets 2015: $7,218,2652015Assets 2016: $5,823,668Liabilities 2016: $0Net Assets 2016: $5,823,6682016Assets 2017: $4,305,879Liabilities 2017: $0Net Assets 2017: $4,305,8792017Assets 2018: $2,789,839Liabilities 2018: $0Net Assets 2018: $2,789,8392018Assets 2019: $1,623,037Liabilities 2019: $0Net Assets 2019: $1,623,0372019Assets 2020: $1,030,536Liabilities 2020: $0Net Assets 2020: $1,030,5362020Assets 2021: $1,278,425Liabilities 2021: $0Net Assets 2021: $1,278,4252021Assets 2022: $1,489,134Liabilities 2022: $0Net Assets 2022: $1,489,1342022Assets 2023: $803,388Liabilities 2023: $0Net Assets 2023: $803,3882023Assets 2024: $665,840Liabilities 2024: $0Net Assets 2024: $665,8402024

Highlighted filing

2021

Assets$1,278,425
Liabilities$0
Net Assets$1,278,425
Open 2021 Filing

Operations Trend

Revenue Growth92nd percentile

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

$4.0M$2.0M$0-$2.0MRevenue 2015: $2,879,085Expenses 2015: $346,921Net Income 2015: $2,532,1642015Revenue 2016: $39,835Expenses 2016: $1,434,432Net Income 2016: -$1,394,5972016Revenue 2017: $4,168Expenses 2017: $1,521,957Net Income 2017: -$1,517,7892017Revenue 2018: $229,830Expenses 2018: $1,745,870Net Income 2018: -$1,516,0402018Revenue 2019: $826,796Expenses 2019: $1,993,598Net Income 2019: -$1,166,8022019Revenue 2020: $520,685Expenses 2020: $1,113,186Net Income 2020: -$592,5012020Revenue 2021: $1,310,788Expenses 2021: $1,062,899Net Income 2021: $247,8892021Revenue 2022: $860,423Expenses 2022: $649,714Net Income 2022: $210,7092022Revenue 2023: $602,749Expenses 2023: $1,288,495Net Income 2023: -$685,7462023Revenue 2024: $563,879Expenses 2024: $701,427Net Income 2024: -$137,5482024

Highlighted filing

2021

Revenue$1,310,788
Expenses$1,062,899
Net Income$247,889
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 10, 2022
Return Version
2021v4.2
Gross Receipts
$1,310,788
Mission and Program Overview

Mission

To reach the edge of space and study how giant stratospheric mountain waves impact our planet's weather. This is accomplished in three phases, or missions. Mission i proved that the highest mountain waves could open the door to the edge of space for gliders. Mission ii will use a pressurized glider to reach 90,000 feet. Mission iii will add transonic capabilities and reach 100,000. The goals of mission ii are four-part. Aeronautical exploration: push the frontiers of flight by soaring into near space. Aerodynamic advancement: apply upper atmosphere understanding to improve high altitude and extra-planetary flight. Meteorological research: investigate the impact of stratospheric waves on global weather patterns and atmospheric chemistry. Education: inspire future generations to pursue careers in math, science, and research.

To reach the edge of space and study how giant stratospheric mountain waves impact our planet's weather. This is accomplished in three phases, or missions. Mission i proved that the highest mountain waves could open the door to the edge of space for gliders. Mission ii will use a pressurized glider to reach 90,000 feet. Mission iii will add transonic capabilities and reach 100,000.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$470,409$653,794▲ $183,385
Land, Buildings, and Equipment, Net$505,502$570,000▲ $64,498
Savings and Temporary Cash Investments$54,625$54,631▲ $6
Total Assets$1,030,536$1,278,425▲ $247,889
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,030,536$1,278,425▲ $247,889
Total Net Assets Fund Balance$1,030,536$1,278,425▲ $247,889
Total Liabilities and Net Assets / Fund Balance$1,030,536$1,278,425▲ $247,889

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$570,000$5,085,012$5,655,012
Compensation and Service Providers
Top Officer Pay45th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Morgan SandercockProject ManagerFT$37,413$37,413
Jim PayneChairmanFT$34,256$34,256
Tim GardnerMember at LargePT$31,875$31,875
Edward WarnockCEOFT$15,125$15,125
Miguel IturmendiMember at Large-$5,000$5,000
Preston MichieSecretary Treasurer-$4,663$4,663
Jacqueline PayneChief Logistics OfficerFT$4,025$4,025

Board Members and Trustees

NameTitle
Stephane FymatChairman of the Fundraisin
Elizabeth AustinChief Scientist
Doug PerrenodMember at Large
Jamie DarcyVP Communications
Revenue and Support

Revenue Composition

Contributions and Grants
$1,310,745
Program Service Revenue
$0
Investment Income
$43
Other Revenue
$0
All Other Contributions
$1,310,745
Change in Net Assets
$247,889
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,062,899
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$535,501--$535,501
Travel$92,173$19-$92,192
Fees for Services Accounting-$5,268-$5,268
Fees for Services Legal-$4,663-$4,663
Advertising-$4,501-$4,501
Insurance-$4,501-$4,501
All Other Expenses$3,145$905-$4,050
Other Expenses$20,625$3,703-$3,703
Office Expenses-$1,196-$1,196
Information Technology-$1,168-$1,168
Total Functional Expenses$1,036,975$25,924$0$1,062,899
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
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 35% controlled entity
No
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
No
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 form 990 is emailed to the board of directors prior to filing.”

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

“The ceo interviews the board of directors.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy, and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
The Perlan Project Inc
EIN
27-2151721
Phone
5036430544
Address
7415 SW HART PL, BEAVERTON, OR 97008

Signing Officer

Name
Edward Warnock
Title
CEO
Phone
5036430544
Signed
2022-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Edward Warnock
Formed
2010
Legal Domicile
Or
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
45

Preparer

Firm
Hoffman Stewart & Schmidt Pc
Address
3 CENTERPOINTE DRIVE SUITE 300, LAKE OSWEGO, OR 97035-8663
Preparer
Todd D Massinger
Phone
5032205900
Raw XML Appendix391 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO REACH THE EDGE OF SPACE AND STUDY HOW GIANT STRATOSPHERIC MOUNTAIN WAVES IMPACT OUR PLANET'S WEATHER. THIS IS ACCOMPLISHED IN THREE PHASES, OR MISSIONS. MISSION I PROVED THAT THE HIGHEST MOUNTAIN WAVES COULD OPEN THE DOOR TO THE EDGE OF SPACE FOR GLIDERS. MISSION II WILL USE A PRESSURIZED GLIDER TO REACH 90,000 FEET. MISSION III WILL ADD TRANSONIC CAPABILITIES AND REACH 100,000.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt04501
IRS990/AdvertisingGrp/TotalAmt04501
IRS990/AllOtherContributionsAmt01310745
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0905
IRS990/AllOtherExpensesGrp/ProgramServicesAmt03145
IRS990/AllOtherExpensesGrp/TotalAmt04050
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0EDWARD WARNOCK
IRS990/BooksInCareOfDetail/PhoneNum05036430544
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt07415 SW HART PL
IRS990/BooksInCareOfDetail/USAddress/CityNm0BEAVERTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OR
IRS990/BooksInCareOfDetail/USAddress/ZIPCd097008
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0470409
IRS990/CashNonInterestBearingGrp/EOYAmt0653794
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01310745
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt043
IRS990/CYOtherExpensesAmt01062899
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0247889
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01062899
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01310788
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0535501
IRS990/DepreciationDepletionGrp/TotalAmt0535501
IRS990/Desc0AERODYNAMIC ADVANCEMENT: UPGRADES AND TESTS OF THE PERLAN 2 AIRCRAFT. INDIVIDUALS INVOLVED IN THE PROJECT PAY FOR THEIR OWN TRAVEL AND OTHER PROJECT RELATED EXPENSES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01036975
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt05268
IRS990/FeesForServicesAccountingGrp/TotalAmt05268
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt04663
IRS990/FeesForServicesLegalGrp/TotalAmt04663
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt038.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14.80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt238.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt34.80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt438.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt59.60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt69.60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt728.80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt838.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt94.80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1038.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0EDWARD WARNOCK
IRS990/Form990PartVIISectionAGrp/PersonNm1PRESTON MICHIE
IRS990/Form990PartVIISectionAGrp/PersonNm2MORGAN SANDERCOCK
IRS990/Form990PartVIISectionAGrp/PersonNm3DOUG PERRENOD
IRS990/Form990PartVIISectionAGrp/PersonNm4JIM PAYNE
IRS990/Form990PartVIISectionAGrp/PersonNm5ELIZABETH AUSTIN
IRS990/Form990PartVIISectionAGrp/PersonNm6STEPHANE FYMAT
IRS990/Form990PartVIISectionAGrp/PersonNm7TIM GARDNER
IRS990/Form990PartVIISectionAGrp/PersonNm8JACQUELINE PAYNE
IRS990/Form990PartVIISectionAGrp/PersonNm9MIGUEL ITURMENDI
IRS990/Form990PartVIISectionAGrp/PersonNm10JAMIE DARCY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt015125
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14663
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt237413
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt434256
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt731875
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt84025
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt95000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2PROJECT MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHIEF SCIENTIST
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHAIRMAN OF THE FUNDRAISIN
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt8CHIEF LOGISTICS OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt10VP COMMUNICATIONS
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02010
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01310788
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01168
IRS990/InformationTechnologyGrp/TotalAmt01168
IRS990/InsuranceGrp/ManagementAndGeneralAmt04501
IRS990/InsuranceGrp/TotalAmt04501
IRS990/InvestmentIncomeGrp/ExclusionAmt043
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt043
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt014
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05085012
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0505502
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0570000
IRS990/LandBldgEquipCostOrOtherBssAmt05655012
IRS990/LegalDomicileStateCd0OR
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO REACH THE EDGE OF SPACE AND STUDY HOW GIANT STRATOSPHERIC MOUNTAIN WAVES IMPACT OUR PLANET'S WEATHER. THIS IS ACCOMPLISHED IN THREE PHASES, OR MISSIONS. MISSION I PROVED THAT THE HIGHEST MOUNTAIN WAVES COULD OPEN THE DOOR TO THE EDGE OF SPACE FOR GLIDERS. MISSION II WILL USE A PRESSURIZED GLIDER TO REACH 90,000 FEET. MISSION III WILL ADD TRANSONIC CAPABILITIES AND REACH 100,000. THE GOALS OF MISSION II ARE FOUR-PART. AERONAUTICAL EXPLORATION: PUSH THE FRONTIERS OF FLIGHT BY SOARING INTO NEAR SPACE. AERODYNAMIC ADVANCEMENT: APPLY UPPER ATMOSPHERE UNDERSTANDING TO IMPROVE HIGH ALTITUDE AND EXTRA-PLANETARY FLIGHT. METEOROLOGICAL RESEARCH: INVESTIGATE THE IMPACT OF STRATOSPHERIC WAVES ON GLOBAL WEATHER PATTERNS AND ATMOSPHERIC CHEMISTRY. EDUCATION: INSPIRE FUTURE GENERATIONS TO PURSUE CAREERS IN MATH, SCIENCE, AND RESEARCH.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01030536
IRS990/NetAssetsOrFundBalancesEOYAmt01278425
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01030536
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01278425
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01196
IRS990/OfficeExpensesGrp/TotalAmt01196
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0AIRPLANE OTHER
IRS990/OtherExpensesGrp/Desc1PERLAN II AIRCRAFT FABR
IRS990/OtherExpensesGrp/Desc2INITIAL FEASIBILITY PHA
IRS990/OtherExpensesGrp/Desc3OTHER EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03703
IRS990/OtherExpensesGrp/ProgramServicesAmt0342693
IRS990/OtherExpensesGrp/ProgramServicesAmt142838
IRS990/OtherExpensesGrp/ProgramServicesAmt220625
IRS990/OtherExpensesGrp/TotalAmt0342693
IRS990/OtherExpensesGrp/TotalAmt142838
IRS990/OtherExpensesGrp/TotalAmt220625
IRS990/OtherExpensesGrp/TotalAmt33703
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0EDWARD WARNOCK
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0518032
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0117
IRS990/PYOtherExpensesAmt01113186
IRS990/PYOtherRevenueAmt02536
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-592501
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01113186
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0520685
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0247889
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt054625
IRS990/SavingsAndTempCashInvstGrp/EOYAmt054631
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0DESCRIPTION: MISSION SPONSORSHIP DATE: 08/27/19 AMOUNT: 802333. DESCRIPTION: MISSION SPONSORSHIP DATE: 03/06/20 AMOUNT: 461642. DESCRIPTION: MISSION SPONSORSHIP DATE: 12/27/21 AMOUNT: 1303214.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE PERLAN PROJECT WAS ORGANIZED IN 2010 AND IS TAX EXEMPT UNDER IRC SEC. 501(C)(3). THE ORGANIZATION RECEIVES ITS SUPPORT FROM DONATIONS MADE BY THE GENERAL PUBLIC, HOWEVER, SINCE FORMING IN 2010, THE ORGANIZATION HAS BEEN FORTUNATE TO RECEIVE A SUBSTANTIAL AMOUNT OF CONTRIBUTIONS FROM 2 DONORS TOTALING $1,168,975. AS SUCH, THE ORGANIZATION'S PUBLIC SUPPORT PERCENTAGE HAS DROPPED BELOW 33 1/3%. THE ORGANIZATION HAS INSTITUTED A PROGRAM TO SOLICIT DONATIONS FROM THE PUBLIC THROUGH THEIR WEBSITE, AIRSHOWS, AND INCREASING PUBLIC AWARENESS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART II, SECTION C, LINE 17A, FACTS AND CIRCUMSTANCES TEST:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt07531
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt056390
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt023905
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0227545
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03355
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0318726
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt043
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0117
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0558
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0960
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0813
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02491
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt02536
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt01325
IRS990ScheduleA/OtherIncome170Grp/TotalAmt03861
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.31760
IRS990ScheduleA/PublicSupportPY170Pct00.32920
IRS990ScheduleA/PublicSupportTotal170Amt0103232
IRS990ScheduleA/SubstantialContributorsTotAmt0215494
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt07531
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt056390
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt023905
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0227545
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03355
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0318726
IRS990ScheduleA/TotalSupportAmt0325078
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0570000
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05085012
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt05655012
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0570000
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS EMAILED TO THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CEO INTERVIEWS THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OR
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01030536
IRS990/TotalAssetsEOYAmt01278425
IRS990/TotalAssetsGrp/BOYAmt01030536
IRS990/TotalAssetsGrp/EOYAmt01278425
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01310745
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt025924
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01036975
IRS990/TotalFunctionalExpensesGrp/TotalAmt01062899
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01030536
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01278425
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01036975
IRS990/TotalReportableCompFromOrgAmt0132357
IRS990/TotalRevenueGrp/ExclusionAmt043
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01310788
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt045
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01030536
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01278425
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt019
IRS990/TravelGrp/ProgramServicesAmt092173
IRS990/TravelGrp/TotalAmt092192
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt07415 SW HART PL
IRS990/USAddress/CityNm0BEAVERTON
IRS990/USAddress/StateAbbreviationCd0OR
IRS990/USAddress/ZIPCd097008
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0PERLANPROJECT.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0EDWARD WARNOCK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum05036430544
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE PERLAN PROJECT INC
ReturnHeader/Filer/BusinessNameControlTxt0PERL
ReturnHeader/Filer/EIN0272151721
ReturnHeader/Filer/PhoneNum05036430544
ReturnHeader/Filer/USAddress/AddressLine1Txt07415 SW HART PL
ReturnHeader/Filer/USAddress/CityNm0BEAVERTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OR
ReturnHeader/Filer/USAddress/ZIPCd097008
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0930743240
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HOFFMAN STEWART & SCHMIDT PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03 CENTERPOINTE DRIVE SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAKE OSWEGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0970358663
ReturnHeader/PreparerPersonGrp/PhoneNum05032205900
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TODD D MASSINGER
ReturnHeader/ReturnTs02022-11-14T11:53:25-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0EDWARD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WARNOCK
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,278,425
Liabilities
$0
Net assets
$1,278,425
Revenue
$1,310,788
Expenses
$1,062,899
Net income
$247,889
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.67$0.56$0.70$0.14
2023Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$0.60$1.29$0.69
2022Detailed filing. Detailed filing data is available for this year.$1.49$0.00$1.49$0.86$0.65$0.21
2021Detailed filing. Detailed filing data is available for this year.$1.28$0.00$1.28$1.31$1.06$0.25
2020Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.03$0.52$1.11$0.59
2019Detailed filing. Detailed filing data is available for this year.$1.62$0.00$1.62$0.83$1.99$1.17
2018Detailed filing. Detailed filing data is available for this year.$2.79$0.00$2.79$0.23$1.75$1.52
2017Detailed filing. Detailed filing data is available for this year.$4.31$0.00$4.31$0.00$1.52$1.52
2016Detailed filing. Detailed filing data is available for this year.$5.82$0.00$5.82$0.04$1.43$1.39
2015Detailed filing. Detailed filing data is available for this year.$7.22$0.00$7.22$2.88$0.35$2.53