Form 990, Part VI, Section B, Line 11
“A copy of form 990 is provided to the organization's governing body prior to filing. Form 990 is reviewed by the president and board treasurer prior to filing.”
990 • Fiscal year 2014 • EIN 31-1584047
Scores are not available for this record yet.
Assets
Up$1,182,577
Up $260,940 (+28%) from 2013
Net Assets
Up$881,471
Up $55,422 (+6.7%) from 2013
Liabilities
Up$301,106
Up $205,518 (+215%) from 2013
Revenue
$809,535
No earlier filing loaded for comparison.
Expenses
Up$754,113
Up $24,788 (+3.4%) from 2013
Net Income
$55,422
No earlier filing loaded for comparison.
The center will use its resources for information sharing and member assistance to incubate new technology-based entrepreneurs who are trying to establish a presence in the marketplace. The center will research, identify, teach and disseminate the critical skills values that enable entrepreneurs to succeed. The center will foster economic development and maintain a network of other successful technology-based entrepreneurs for self-help and peer support in the nine county region. The center will encourage others to support entrepreneurship.
To be a catalyst for stimulating entrepreneurial leadership from all sectors of the regional community & incubate new technology based businesses.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $397,803 | $558,562 | ▲ $160,759 |
| Land, Buildings, and Equipment, Net | $399,252 | $374,484 | ▼ $24,768 |
| Pledges and Grants Receivable | $122,249 | $247,198 | ▲ $124,949 |
| Total Assets | $921,637 | $1,182,577 | ▲ $260,940 |
| Other Assets Total | $2,333 | $2,333 | → $0 |
| Liabilities | |||
| Deferred Revenue | - | $200,000 | - |
| Accounts Payable and Accrued Expenses | $47,777 | $53,470 | ▲ $5,693 |
| Other Liabilities | $47,811 | $47,636 | ▼ $175 |
| Total Liabilities | $95,588 | $301,106 | ▲ $205,518 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $826,049 | $881,471 | ▲ $55,422 |
| Total Net Assets Fund Balance | $826,049 | $881,471 | ▲ $55,422 |
| Total Liabilities and Net Assets / Fund Balance | $921,637 | $1,182,577 | ▲ $260,940 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Leasehold Improvements | $222,179 | $151,795 | $373,974 |
| Equipment | $130,876 | $204,370 | $335,246 |
| Other Land Buildings | $21,429 | $19,695 | $41,124 |
| Name | Title | Full / Part Time | Other | Total |
|---|---|---|---|---|
| Barbara Hayde | President | FT | $129,453 | $129,453 |
| Name | Title |
|---|---|
| Brian Kohr | Chair |
| Ann Gallaher | Member |
| Antonette Lucente | Member |
| Caroline Gentry | Member |
| Channon Lemon | Member |
| David Heberling | Member |
| David Schoeff | Member |
| Joe Tuss | Member |
| Joel Ivers | Member |
| Kerry Taylor | Member |
| Kevin Robie | Member |
| Michael Farrell | Member |
| Richard Weber | Member |
| Robert Chelle | Member |
| Robert Hickey | Member |
| Shelley Dickstein | Member |
| Thomas Frericks Jr | Member |
| William Armbruster | Member |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $426,283 |
| Other Expenses | $327,830 |
| Total Fundraising Expense | $38,473 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $140,890 | $65,026 | $10,837 | $216,753 |
| Current Officers, Directors, Trustees, and Key Employees | $84,416 | $38,962 | $6,494 | $129,872 |
| Fees for Services Other | - | $78,479 | - | $78,479 |
| Occupancy | $13,944 | $25,744 | $4,291 | $43,979 |
| Payroll Taxes | $23,873 | $11,018 | $1,836 | $36,727 |
| Depreciation Depletion | $18,522 | $8,549 | $1,425 | $28,496 |
| Other Expenses | $16,654 | $7,686 | $1,281 | $25,621 |
| Other Employee Benefits | $15,265 | $7,045 | $1,174 | $23,484 |
| Pension Plan Contributions | $12,640 | $5,834 | $973 | $19,447 |
| All Other Expenses | $5,411 | $11,997 | $930 | $18,338 |
| Insurance | $7,426 | $3,427 | $571 | $11,424 |
| Fees for Services Accounting | - | $7,500 | - | $7,500 |
| Travel | $2,533 | $1,169 | $195 | $3,897 |
| Office Expenses | - | $3,733 | - | $3,733 |
| Advertising | $1,735 | $801 | $133 | $2,669 |
| Total Functional Expenses | $388,676 | $326,964 | $38,473 | $754,113 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $880,583 |
| Expenses per Audited Statements | $754,113 |
| Total Expenses per Form 990 | $754,113 |
| Expenses Not Reported on Form 990 | $126,470 |
| Expenses Not Reported on Financial Statements | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Security Deposits | $47,636 |
“A copy of form 990 is provided to the organization's governing body prior to filing. Form 990 is reviewed by the president and board treasurer prior to filing.”
“Annually each board member is asked to sign the conflict of interest policy; all are required and the process is closely monitored.”
“Three members of the executive committee (chair, treasurer, and immediate past president) review the written performance review criteria and make decisions regarding the compensation of the president. If the outcome is a change in compensation, the board chair informs the president, initiates and signs all necessary paperwork. The board chair then negotiates the upcoming year's performance criteria with the president. The same procedure is used by the president to evaluate the other staff members.”
“Governing documents, policies, and financial statements are made available upon request.”
“Other: program service expenses 0. Management and general expenses 78,479. Fundraising expenses 0. Total expenses 78,479.”
“These processes have not changed from the prior year.”
“The center determines the recognition of uncertain tax positions, if applicable, that may subject the center to unrelated business income tax necessary by applying a more-likely-than-not recognition threshold and determines the measurement of uncertain tax positions considering the amounts and probabilities of the outcomes that could be realized upon ultimate settlement with tax authorities. The center does not have any uncertain tax positions at june 30, 2014 and 2013. The center believes it is no longer subject to income tax examinations for the tax years prior to 2011.”
“Rent expenses reclassified on form 990 111,470.”
“Rent expenses reclassified on form 990 111,470.”
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/ActivityOrMissionDesc | 0 | TO BE A CATALYST FOR STIMULATING ENTREPRENEURIAL LEADERSHIP FROM ALL SECTORS OF THE REGIONAL COMMUNITY & INCUBATE NEW TECHNOLOGY BASED BUSINESSES. |
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| IRS990/Desc | 0 | CENTER USES RESOURCES FOR INFORMATION SHARING AND MEMBER ASSISTANCE TO INCUBATE NEW TECHNOLOGY-BASED ENTREPRENEURS TO STIMULATE EMPLOYMENT FOR THE SOCIAL WELFARE OF THE COMMUNITY. |
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| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 375860 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 399252 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 374484 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 750344 |
| IRS990/LegalDomicileStateCd | 0 | OH |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 111470 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE CENTER WILL USE ITS RESOURCES FOR INFORMATION SHARING AND MEMBER ASSISTANCE TO INCUBATE NEW TECHNOLOGY-BASED ENTREPRENEURS WHO ARE TRYING TO ESTABLISH A PRESENCE IN THE MARKETPLACE. THE CENTER WILL RESEARCH, IDENTIFY, TEACH AND DISSEMINATE THE CRITICAL SKILLS AND VALUES THAT ENABLE ENTREPRENEURS TO SUCCEED. THE CENTER WILL FOSTER ECONCOMIC DEVELOPMENT AND MAINTAIN A NETWORK OF OTHER SUCCESSFUL TECHNOLOGY-BASED ENTREPRENEURS FOR SELF-HELP AND PEER SUPPORT IN THE NINE COUNTY REGION. THE CENTER WILL ENCOURAGE OTHERS TO SUPPORT ENTREPRENEURSHIP. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 826049 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 881471 |
| IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt | 0 | 146612 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 146612 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 4291 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 25744 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 13944 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 43979 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 3733 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 3733 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 2333 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 2333 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 1174 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 7045 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 15265 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 23484 |
| IRS990/OtherExpensesGrp/Desc | 0 | REAL ESTATE TAXES |
| IRS990/OtherExpensesGrp/Desc | 1 | SUPPLIES |
| IRS990/OtherExpensesGrp/Desc | 2 | UTILITIES |
| IRS990/OtherExpensesGrp/Desc | 3 | REPAIRS AND MAINTENANCE |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 3710 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 1875 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 2 | 2748 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 3 | 1281 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 22258 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 11250 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 16486 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 7686 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 12056 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 24381 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 8930 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 16654 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 38024 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 37506 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 28164 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 25621 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 47811 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 47636 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 1 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | REIMBURSED EXPENSES |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | MISCELLANEOUS |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 13088 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 1 | 1193 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 13088 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 1193 |
| IRS990/OtherRevenueTotalAmt | 0 | 14281 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 10837 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 65026 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 140890 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 216753 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 1836 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 11018 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 23873 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 36727 |
| IRS990/PensionPlanContributionsGrp/FundraisingAmt | 0 | 973 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 5834 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 12640 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 19447 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 122249 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 247198 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | BARBARA HAYDE |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | TECHNOLOGY INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | PROGRAM FEES |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | AFFILIATE PROGRAM |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 44986 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 7940 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 4500 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 44986 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 7940 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 4500 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 551142 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 795 |
| IRS990/PYOtherExpensesAmt | 0 | 303859 |
| IRS990/PYOtherRevenueAmt | 0 | 145396 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 51091 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 19099 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 425466 |
| IRS990/PYTotalExpensesAmt | 0 | 729325 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 748424 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 55422 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 146612 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 204038 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 397803 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 558562 |
| IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt | 0 | REIMBURSED EXPENSES - 2009 AMOUNT: $ 16,472. 2010 AMOUNT: $ 10,435. 2011 AMOUNT: $ 10,290. 2012 AMOUNT: $ 13,063. 2013 AMOUNT: $ 13,088. MISCELLANEOUS - 2009 AMOUNT: $ 9,228. 2010 AMOUNT: $ 150. 2011 AMOUNT: $ 1,385. 2012 AMOUNT: $ 6,592. 2013 AMOUNT: $ 1,193. |
| IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc | 0 | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 590354 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 551142 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 527321 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 493675 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 515382 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 2677874 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 258944 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 237238 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 215233 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 206617 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 2482 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 920514 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 505981 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 14281 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 19655 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 11675 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 10585 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 25700 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 81896 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
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Displayed year
2014 • Form 990Detailed filing. Detailed filing data is available for this year.