Civic Intelligence

Heartland Science and Technology Group

990 • Fiscal year 2020 • EIN 47-2272542

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 25, 2021

4605 Brittany Trail DriveChampaign, IL 61822

(217) 898-7735

Siviq Scores

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

Liabilities / Assets

95th percentile

1.23x

Higher debt load relative to assets than 95% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

76th percentile

0.47x

Higher debt load relative to revenue than 76% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

53rd percentile

7.0%

Higher net margin than 53% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

89th percentile

$196,177

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 18.8% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

87th percentile

56%

Faster asset growth than 87% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

88th percentile

57%

Faster revenue growth than 88% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$399,154

Up $142,921 (+56%) from 2019

Net Assets

Up

-$93,599

Up $73,160 (+44%) from 2019

Liabilities

Up

$492,753

Up $69,761 (+16%) from 2019

Revenue

Up

$1,043,013

Up $377,942 (+57%) from 2019

Expenses

Up

$969,853

Up $312,940 (+48%) from 2019

Net Income

Up

$73,160

Up $65,002 (+797%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2016: $44,450Liabilities 2016: $259,097Net Assets 2016: -$214,6472016Assets 2017: $251,810Liabilities 2017: $404,206Net Assets 2017: -$152,3962017Assets 2018: $258,122Liabilities 2018: $433,039Net Assets 2018: -$174,9172018Assets 2019: $256,233Liabilities 2019: $422,992Net Assets 2019: -$166,7592019Assets 2020: $399,154Liabilities 2020: $492,753Net Assets 2020: -$93,5992020Assets 2021: $604,593Liabilities 2021: $311,436Net Assets 2021: $293,1572021Assets 2022: $408,089Liabilities 2022: $125,367Net Assets 2022: $282,7222022Assets 2023: $476,223Liabilities 2023: $98,942Net Assets 2023: $377,2812023Assets 2024: $564,156Liabilities 2024: $240,894Net Assets 2024: $323,2622024

Highlighted filing

2020

Assets$399,154
Liabilities$492,753
Net Assets-$93,599

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2016: $242,762Expenses 2016: $353,408Net Income 2016: -$110,6462016Revenue 2017: $582,951Expenses 2017: $520,700Net Income 2017: $62,2512017Revenue 2018: $584,947Expenses 2018: $607,468Net Income 2018: -$22,5212018Revenue 2019: $665,071Expenses 2019: $656,913Net Income 2019: $8,1582019Revenue 2020: $1,043,013Expenses 2020: $969,853Net Income 2020: $73,1602020Revenue 2021: $1,416,544Expenses 2021: $1,029,788Net Income 2021: $386,7562021Revenue 2022: $1,566,958Expenses 2022: $1,577,393Net Income 2022: -$10,4352022Revenue 2023: $1,646,754Expenses 2023: $1,552,194Net Income 2023: $94,5602023Revenue 2024: $1,513,378Expenses 2024: $1,446,206Net Income 2024: $67,1722024

Highlighted filing

2020

Revenue$1,043,013
Expenses$969,853
Net Income$73,160
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 25, 2021
Return Version
2020v4.1
Gross Receipts
$1,043,013
Mission and Program Overview

Mission

Solving technical challenges of

Solving technical challenges of national, local, and public interest by engaging in scientific research and engineering development for the benefit of the public

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$376,092$437,153▲ $61,061
Cash and Non-Interest-Bearing Accounts$72,508$244,310▲ $171,802
Accounts Receivable$183,725$148,488▼ $35,237
Land, Buildings, and Equipment, Net-$6,356-
Rtn Earn Endowment Incm Other Fnds$-166,759$-93,599▲ $73,160
Total Assets$256,233$399,154▲ $142,921
Liabilities
Accounts Payable and Accrued Expenses$43,423$55,600▲ $12,177
Deferred Revenue$3,477$0▼ $3,477
Total Liabilities$422,992$492,753▲ $69,761
Net Assets / Fund Balance
Total Net Assets Fund Balance$-166,759$-93,599▲ $73,160
Total Liabilities and Net Assets / Fund Balance$256,233$399,154▲ $142,921

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,356$839$7,195
Land$0--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Glen R SaloPresidentFT$196,177-$196,177
Glen R Salo--$196,177-$196,177
Richard FlemingEmployeeFT$192,387-$192,387
Richard Fleming--$188,887$3,500$192,387
Andrew McClintickEmployeeFT$140,569-$140,569
James N Bower JrBoard Member-$2,000-$2,000

Board Members and Trustees

NameTitle
Michael FolkBoard Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Canwin TechnologiesSoftware developmentNew15 Old93 W-Block 1st Floor 2nd S, Chennai, In$113,781
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,042,955
Investment Income
$58
Other Revenue
$0
Change in Net Assets
$73,160

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,010,013
Total Revenue per Audited Statements
$1,010,013
Total Revenue per Form 990
$1,010,013
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$774,784
Other Expenses$195,069
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$623,427$84,159$0$707,586
Fees for Services Other$143,050$0$0$143,050
Payroll Taxes$42,192$4,984$0$47,176
Other Salaries and Wages$20,022$0$0$20,022
Fees for Services Legal$12,544$0$0$12,544
Fees for Services Accounting$11,810$0$0$11,810
Fees for Services Management$10,233$0$0$10,233
Other Expenses$5,861$0$0$5,861
Insurance$3,500$0$0$3,500
Occupancy$0$3,170$0$3,170
Travel$2,792$0$0$2,792
Depreciation Depletion$839$0$0$839
Total Functional Expenses$876,787$93,066$0$969,853

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$943,209
Total Expenses per Audited Statements$943,209
Total Expenses per Form 990$943,209
International Activity

International Summary

Offices
1
Employees
1
Spending
$113,781

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
South AsiaProgram servicesSoftware development11$113,781
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$376,092$437,153▲ $61,061
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Heartland Science and Technology Group
EIN
47-2272542
Phone
2178987735
Address
4605 BRITTANY TRAIL DRIVE, CHAMPAIGN, IL 61822

Signing Officer

Name
Glen R Salo
Title
President
Phone
2178987735
Signed
2021-10-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Glen R Salo
Formed
2014
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
2
Employees
6
Volunteers
0

Preparer

Firm
YG Financial Group PC
Address
804 N Neil St Ste 103, CHAMPAIGN, IL 61820
Preparer
Dena L Rydell
Phone
2173516900
Supplemental Narrative

Additional Explanations

Pt XII, Line 1

Page 11, Part X, line 4 - Accounts receivable consists of accounts receivable balances due from customers.

Pt X

Page 11, Part X, line 17 - Accounts payable and accrued expenses consist of accrued wages and related payroll taxes and employee benefits.

Pt VI, Line 11B

The Chairman will review and approve the return before filing. Presentation will occur to the Board at a scheduled meeting.

Pt VI, Line 12C

Compliance with this policy is monitored and enforced by the chairman who monitors and reports all conflicts to the board.

Pt VI, Line 15A

The Board of Directors shall hire and set the compensation of any and all executives and the President shall hire and set the salary of all employees needed to conduct the business of the organization.

Pt VI, Line 15B

The Board may appoint an Executive Director for the duties. In the absence of an Executive Director, the Chairman of the Board shall perform these duties subject to the approval of the Board of Directors.

Form 990, Part IX, Line 11G

Subcontractors 143050. 143050. 0. 0.

Financial Statement Notes

Pt XII, Line 4B

Rounding $1.

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IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt03085556
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01009955
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0665062
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0584872
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0582917
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0242750
IRS990ScheduleA/Total509Grp/TotalAmt03085556
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03085556
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt06356
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0839
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07195
IRS990ScheduleD/ExpensesSubtotalAmt0943209
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/RevenueSubtotalAmt01010013
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Rounding $1.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XII, Line 4b
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06356
IRS990ScheduleD/TotalExpensesPerForm990Amt0943209
IRS990ScheduleD/TotalRevenuePerForm990Amt01010013
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01010013
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0943209
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0113781
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0South Asia
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Software development
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Program services
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt01
IRS990ScheduleF/SubtotalOfficesCnt01
IRS990ScheduleF/SubtotalSpentAmt0113781
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0The organization does not provide grants.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 2
IRS990ScheduleF/TotalEmployeeCnt01
IRS990ScheduleF/TotalOfficeCnt01
IRS990ScheduleF/TotalSpentAmt0113781
IRS990ScheduleF/TransferToForeignCorpInd0true
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0196177
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1188887
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount13500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Glen R Salo
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Richard Fleming
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0196177
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1192387
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0437153
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0CASH MANAGEMENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0368253
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0GLEN SALO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt0437153
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Page 11, Part X, line 4 - Accounts receivable consists of accounts receivable balances due from customers.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Page 11, Part X, line 17 - Accounts payable and accrued expenses consist of accrued wages and related payroll taxes and employee benefits.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Chairman will review and approve the return before filing. Presentation will occur to the Board at a scheduled meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Compliance with this policy is monitored and enforced by the chairman who monitors and reports all conflicts to the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Board of Directors shall hire and set the compensation of any and all executives and the President shall hire and set the salary of all employees needed to conduct the business of the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Board may appoint an Executive Director for the duties. In the absence of an Executive Director, the Chairman of the Board shall perform these duties subject to the approval of the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SUBCONTRACTORS 143050. 143050. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XII, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt X
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 11g
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0256233
IRS990/TotalAssetsEOYAmt0399154
IRS990/TotalAssetsGrp/BOYAmt0256233
IRS990/TotalAssetsGrp/EOYAmt0399154
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt093066
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0876787

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