Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
Peninsula Technology Incubator
990 • Fiscal year 2013 • EIN 45-5282723
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
1.70x
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
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Balance Sheet
Assets
$59,842
No earlier filing loaded for comparison.
Net Assets
-$41,667
No earlier filing loaded for comparison.
Liabilities
$101,509
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
-
No earlier filing loaded for comparison.
Expenses
$355,285
No earlier filing loaded for comparison.
Net Income
-
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Oct 1, 2012 to Sep 30, 2013
- Signed
- Aug 13, 2014
- Return Version
- 2012v2.1
- Gross Receipts
- $285,368
Mission and Program Overview
Mission
The Peninsula Technology Incubator (PTI) was commissioned by the City of Hampton Industrial Development Authority (Hampton IDA) to nurture the start-up and growth of emerging technology businesses in the Hampton Roads area. The organization provides startups with the resources they need to position themselves as they implement their business plan and work towards raising capital.
Major Activities
- Activity 2
- Pti also supports entrepreneurial education and outreach in the hampton roads area. Pti engages with the national institution of aerospaces associates' (nia) researchers and graduate students, as well as undergraduate and k-12 students to advance the technology commercialization objectives of both nia and the city of hampton. Pti fosters entrepreneurial clubs and business plan competitions at five local universities and colleges, and is working in collaboration with the virginia virtual enterprise group, the virginia governor's school for innovation and entrepreneurship, and the virginia stem academy.
- Activity 3
- In the current year, the pti director fostered the development of start-up opportunities through the incubator by meeting with the local area departments of economic development, the virginia peninsula chamber of commerce, the hampton roads partnership, representatives from local universities, nasa langley research center, state officials and legislators, and local business owners.
Filing and Contact Details
Filer
- EIN
- 45-5282723
Raw XML AppendixShowing 400 of 455 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/Activity2/Description | 0 | PTI ALSO SUPPORTS ENTREPRENEURIAL EDUCATION AND OUTREACH IN THE HAMPTON ROADS AREA. PTI ENGAGES WITH THE NATIONAL INSTITUTION OF AEROSPACES ASSOCIATES' (NIA) RESEARCHERS AND GRADUATE STUDENTS, AS WELL AS UNDERGRADUATE AND K-12 STUDENTS TO ADVANCE THE TECHNOLOGY COMMERCIALIZATION OBJECTIVES OF BOTH NIA AND THE CITY OF HAMPTON. PTI FOSTERS ENTREPRENEURIAL CLUBS AND BUSINESS PLAN COMPETITIONS AT FIVE LOCAL UNIVERSITIES AND COLLEGES, AND IS WORKING IN COLLABORATION WITH THE VIRGINIA VIRTUAL ENTERPRISE GROUP, THE VIRGINIA GOVERNOR'S SCHOOL FOR INNOVATION AND ENTREPRENEURSHIP, AND THE VIRGINIA STEM ACADEMY. |
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| IRS990/Activity3/Description | 0 | IN THE CURRENT YEAR, THE PTI DIRECTOR FOSTERED THE DEVELOPMENT OF START-UP OPPORTUNITIES THROUGH THE INCUBATOR BY MEETING WITH THE LOCAL AREA DEPARTMENTS OF ECONOMIC DEVELOPMENT, THE VIRGINIA PENINSULA CHAMBER OF COMMERCE, THE HAMPTON ROADS PARTNERSHIP, REPRESENTATIVES FROM LOCAL UNIVERSITIES, NASA LANGLEY RESEARCH CENTER, STATE OFFICIALS AND LEGISLATORS, AND LOCAL BUSINESS OWNERS. |
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| IRS990ScheduleJ/Form990ScheduleJPartII/Title | 2 | TREASURER |
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| IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg | 1 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg | 2 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs | 0 | 309329 |
| IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs | 1 | 217531 |
| IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs | 2 | 214898 |
| IRS990ScheduleJ/InitialContractException | 0 | 0 |
| IRS990/ScheduleJRequired | 0 | 1 |
| IRS990ScheduleJ/SeverancePayment | 0 | 0 |
| IRS990ScheduleJ/SupplementalNonqualRetirePlan | 0 | 0 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | A DRAFT FORM 990 IS DISTRIBUTED TO THE BOARD'S FINANCE & AUDIT COMMITTEE FOR COMMENTS AND QUESTIONS. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | PENINSULA TECHNOLOGY INCUBATOR HAS IN PLACE AN ORGANIZATIONAL CONFLICT OF INTERESTS POLICY THAT IS USED BY MANAGEMENT TO MONITOR AND ENFORCE COMPLIANCE WITHIN THE CORPORATION. THE BOARD OF DIRECTORS HAS IN PLACE BOARD RESOLUTION 08-02 REQUIRING BOARD MEMBERS, COMMITTEE MEMBERS, OFFICERS, AND EMPLOYEES TO REPORT ON AN ANNUAL BASIS ANY POTENTIAL CONFLICT OF INTEREST THAT MUST BE DISCLOSED TO THE BOARD. DIRECTORS, COMMITTEE MEMBERS, AND OFFICERS WILL COMMUNICATE ANY SUSPECTED VIOLATIONS OF THIS CODE PROMPTLY TO THE CHAIR AND THE PRESIDENT AND EXECUTIVE DIRECTOR OF THE INSTITUTE. VIOLATIONS WILL BE INVESTIGATED BY A PERSON OR PERSONS DESIGNATED BY THE CHAIR AND APPROPRIATE ACTION WILL BE TAKEN IN THE EVENT OF ANY VIOLATIONS OF THE CODE. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | THE ORGANIZATION RELIED ON THE NATIONAL INSTITUTE OF AEROSPACE ASSOCIATES, A RELATED ORGANIZATION, THAT USED THE FOLLOWING TECHNIQUES TO ESTABLISH THE TOP MANAGEMENT OFFICIAL'S COMPENSATION: A COMPENSATION COMMITTEE, COMPENSATION SURVEYS OR STUDIES, AND AN APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 3 | PTI MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 0 | FORM 990, PART VI, SECTION B, LINE 11 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 1 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 2 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990/ScheduleORequired | 0 | 1 |
| IRS990ScheduleR/DividendsRelatedOrganization | 0 | 0 |
| IRS990ScheduleR/ExchangeOfAssets | 0 | 0 |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine1 | 0 | 100 EXPLORATION WAY |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City | 0 | HAMPTON |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State | 0 | VA |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode | 0 | 23666 |
| IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg | 0 | 0 |
| IRS990ScheduleR/Form990ScheduleRPartII/DirectControllingEntityNA | 0 | N/A |
| IRS990ScheduleR/Form990ScheduleRPartII/EIN | 0 | 542065665 |
| IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection | 0 | 501(C)(3) |
| IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState | 0 | VA |
| IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine1 | 0 | NATIONAL INSTITUTE OF AEROSPACE ASSOCIATES |
| IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities | 0 | AEROSPACE R&D AND EDUCATION & OUTREACH |
| IRS990ScheduleR/Form990ScheduleRPartII/PublicCharityStatus | 0 | LINE 7 |
| IRS990ScheduleR/GiftGrantOrCapContrFrOtherOrg | 0 | 0 |
| IRS990ScheduleR/GiftGrantOrCapContrToOtherOrg | 0 | 0 |
| IRS990ScheduleR/LoansOrGuaranteesFromOtherOrg | 0 | 0 |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrg | 0 | 0 |
| IRS990ScheduleR/OtherTransferFromOtherOrg | 0 | 0 |
| IRS990ScheduleR/OtherTransferToOtherOrg | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesByOtherOrgs | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesForOtherOrgs | 0 | 0 |
| IRS990ScheduleR/PurchaseOfAssetsFromOtherOrg | 0 | 0 |
| IRS990ScheduleR/ReceiptOfIntAnnRentsRoyalties | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidByOtherOrg | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidToOtherOrg | 0 | 0 |
| IRS990ScheduleR/RentalOfFacilitiesFrOtherOrgs | 0 | 0 |
| IRS990ScheduleR/RentalOfFacilitiesToOtherOrgs | 0 | 0 |
| IRS990ScheduleR/SaleOfAssetsToOtherOrg | 0 | 0 |
| IRS990ScheduleR/SharingOfFacilities | 0 | 0 |
| IRS990ScheduleR/SharingOfPaidEmployees | 0 | 0 |
| IRS990/School | 0 | 0 |
| IRS990/SignificantChange | 0 | 0 |
| IRS990/SignificantNewProgramServices | 0 | 0 |
| IRS990/StateLegalDomicile | 0 | VA |
| IRS990/SubjectToProxyTax | 0 | 0 |
| IRS990/TaxablePartyNotification | 0 | 0 |
| IRS990/TaxExemptBonds | 0 | 0 |
| IRS990/TemporarilyRestrictedNetAssets/BOY | 0 | 26500 |
| IRS990/TemporarilyRestrictedNetAssets/EOY | 0 | 0 |
| IRS990/Terminated | 0 | 0 |
| IRS990/TermOrPermanentEndowments | 0 | 0 |
| IRS990/TheBooksAreInCareOf/AddressUS/AddressLine1 | 0 | 100 EXPLORATION WAY |
| IRS990/TheBooksAreInCareOf/AddressUS/City | 0 | HAMPTON |
| IRS990/TheBooksAreInCareOf/AddressUS/State | 0 | VA |
| IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode | 0 | 23666 |
| IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine1 | 0 | DAVID MEYERS |
| IRS990/TheBooksAreInCareOf/TelephoneNumber | 0 | 7573256741 |
| IRS990/TotalAssets/BOY | 0 | 100597 |
| IRS990/TotalAssetsBOY | 0 | 100597 |
| IRS990/TotalAssets/EOY | 0 | 59842 |
| IRS990/TotalAssetsEOY | 0 | 59842 |
| IRS990/TotalCompGT150K | 0 | 1 |
| IRS990/TotalContributions | 0 | 258851 |
| IRS990/TotalExpensesCurrentYear | 0 | 355285 |
| IRS990/TotalExpensesPriorYear | 0 | 153348 |
| IRS990/TotalFunctionalExpenses/Fundraising | 0 | 0 |
| IRS990/TotalFunctionalExpenses/ManagementAndGeneral | 0 | 74585 |
| IRS990/TotalFunctionalExpenses/ProgramServices | 0 | 280700 |
| IRS990/TotalFunctionalExpenses/Total | 0 | 355285 |
| IRS990/TotalFundrsngExpCurrentYear | 0 | 0 |
| IRS990/TotalGrossUBI | 0 | 0 |
| IRS990/TotalLiabilities/BOY | 0 | 72347 |
| IRS990/TotalLiabilitiesBOY | 0 | 72347 |
| IRS990/TotalLiabilities/EOY | 0 | 101509 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2013 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $59,842
- Liabilities
- $101,509
- Net assets
- -$41,667
- Revenue
- -
- Expenses
- $355,285
- Net income
- -
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