Civic Intelligence

Hydropower Foundation Inc (Formerly Hydro Research Foundation Inc)

990 • Fiscal year 2012 • EIN 52-1851292

Jan 01, 2012 to Dec 31, 2012 • Filed on Aug 14, 2013

Organization Profilewww.hydrofoundation.org
3124 Elkview Drive80439
Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$163,882

Flat from 2012

Net Assets

Flat

$156,769

Flat from 2012

Liabilities

Flat

$7,113

Flat from 2012

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

Flat

$1,131,448

Flat from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $111,736Liabilities 2010: $131Net Assets 2010: $111,6052010Assets 2011: $128,214Liabilities 2011: $122Net Assets 2011: $128,0922011Assets 2012: $163,882Liabilities 2012: $7,113Net Assets 2012: $156,7692012Assets 2012: $163,882Liabilities 2012: $7,113Net Assets 2012: $156,7692012Assets 2013: $145,615Liabilities 2013: $21,361Net Assets 2013: $124,2542013Assets 2014: $128,719Liabilities 2014: $5,248Net Assets 2014: $123,4712014Assets 2015: $155,231Liabilities 2015: $6,462Net Assets 2015: $148,7692015Assets 2016: $167,325Liabilities 2016: $4,169Net Assets 2016: $163,1562016Assets 2017: $216,229Liabilities 2017: $28,794Net Assets 2017: $187,4352017Assets 2018: $233,984Liabilities 2018: $24,187Net Assets 2018: $209,7972018Assets 2019: $216,093Liabilities 2019: $47,286Net Assets 2019: $168,8072019Assets 2020: $225,900Liabilities 2020: $47,295Net Assets 2020: $178,6052020Assets 2021: $219,803Liabilities 2021: $40,550Net Assets 2021: $179,2532021Assets 2022: $162,001Liabilities 2022: $63,025Net Assets 2022: $98,9762022Assets 2023: $189,908Liabilities 2023: $21,153Net Assets 2023: $168,7552023Assets 2024: $211,783Liabilities 2024: $58,355Net Assets 2024: $153,4282024

Highlighted filing

2012

Assets$163,882
Liabilities$7,113
Net Assets$156,769
Open 2012 Filing

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $289,1562010Expenses 2011: $838,7562011Expenses 2012: $1,131,4482012Revenue 2012: $1,107,028Expenses 2012: $1,131,448Net Income 2012: -$24,4202012Revenue 2013: $868,795Expenses 2013: $901,309Net Income 2013: -$32,5142013Revenue 2014: $985,341Expenses 2014: $988,524Net Income 2014: -$3,1832014Revenue 2015: $949,698Expenses 2015: $924,400Net Income 2015: $25,2982015Revenue 2016: $475,106Expenses 2016: $460,720Net Income 2016: $14,3862016Revenue 2017: $453,962Expenses 2017: $429,684Net Income 2017: $24,2782017Revenue 2018: $372,789Expenses 2018: $350,427Net Income 2018: $22,3622018Revenue 2019: $129,282Expenses 2019: $193,673Net Income 2019: -$64,3912019Revenue 2020: $166,256Expenses 2020: $156,458Net Income 2020: $9,7982020Revenue 2021: $169,296Expenses 2021: $178,708Net Income 2021: -$9,4122021Revenue 2022: $164,746Expenses 2022: $219,041Net Income 2022: -$54,2952022Revenue 2023: $365,300Expenses 2023: $310,190Net Income 2023: $55,1102023Revenue 2024: $291,056Expenses 2024: $308,327Net Income 2024: -$17,2712024

Highlighted filing

2012

Revenue-
Expenses$1,131,448
Net Income-
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Aug 14, 2013
Return Version
2012v2.2
Gross Receipts
$1,107,028
Mission and Program Overview

Mission

The foundation develops research and education programs to advance knowledge in

Major Activities

Activity 2
Hororaria
Filing and Contact Details

Filer

EIN
52-1851292
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IRS990/Description0Hydro Fellowship Program On January 1, 2010, The Hydro Research Foundation was awarded a $3 Million dollar 3-Year Grant from the United States Department of Energys Wind and Waterpower Technologies Program to establish the Hydro Fellowship Program. In 2011 The Foundation was awarded a one year no cost extension to the contract making the new end date December 31, 2013.The purpose of the program is to stimulate new student research and academic interest in research and careers in conventional or pumped-storage hydropower. The Foundation contacted for a program director and an grant administrator and event coordinator to manage the program.
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IRS990ScheduleI/Form990ScheduleIPartIII/TypeOfGrant0Tuition Scholarships for 33 students completing degree programs
IRS990ScheduleI/Form990ScheduleIPartIII/TypeOfGrant1Stipends for individuals receiving tuition scholarships
IRS990ScheduleI/Form990ScheduleIPartIII/TypeOfGrant2Stipends for students recivingin health insurance payments
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation0The Foundation uses an indurstry based steering group to oversee the grant process for the Hydro Fellowship Program. The steering group is responsible for setting selection criteria, reviewing applications, and selecting the class of fellows. The fellows are then assigned mentors either from the Foundation or within the hydropower industry who guide them through their research until their work is presented at one of the National Industry Conferences. All financial assistance given to the fellows, which includes tuition allowances and some medical and living stipends, are administered by the Program Director and Grant Administrator. Part III, Column (A): (A) Type of Grant or Asistance: Tuition Scholarships for 30 students completing degree programs at colleges accross the United States. An independent audit by CPA Firm is conducted yearly.
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IRS990ScheduleO/GeneralExplanation/Explanation0FORM 990 PART III LINE 4A PROGRAM SERVICE ACCOMPLISHMENTS In addition to continuing the 2011 program an additional class of fellows was selected by an industry-based steering group of experts who provide program guidance, refining the application and selection processes, conducting a hydro fellows roundtable at Hydrovision (a large industry-wide international conference), and increasing the publicity of the program. The areas of research include soil and rock mechanics, hydrologic modeling, operational optimization, water quality, water variability due to climate changes and wind integration/grid stability issues. The fellowships include a tuition allowance, living stipend, professional honorarium, and participation in annual HydroFellows roundtables. Each Fellow has been assigned mentors from the Foundation and the Hydro- Power industry. The fellows final and interim research results will be web-published and presented at national conferences. The Foundation also continues its Internship Program in 2012, with signed agreements with Weir American Hydro, Knght Piesold, and The Army Corps of Engineers. These public/private agreements are designed to provide the graduate students with real world experiences and continue their exposure for future employment within the industry. Form 990, Part VI, Section B, Line 11: The Organization's Form 990 is distributed to the Board and reviewed by the Executive Director with concurrence ot the elected Treasurer and Chairman prior to filing. Form 990, Part VI, Section C, Line 19: The Organization makes its Governing Documents, Conflict of Interest Policy, and Financial State- ments available to the public upon request. The Organization's Handbook of Policy and Procedures also contains informationon on conflict of interest policy. Form 990, Part XII, Line 2C Responsibility for audit process As a result of a Federal award, the Organization was required to undergo an audit as set forth in the Single Audit Act and OMB Circular A-133 for the year ended December 31, 2011. The Treasurer, in conjunction with the Executive Director, has the responsibility of the oversight of the Audit process.
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IRS990/TheBooksAreInCareOf/AddressUS/AddressLine103124 ELKVIEW DRIVE
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IRS990/TheBooksAreInCareOf/AddressUS/State0CO
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode080439
IRS990/TheBooksAreInCareOf/NamePerson0DEBORAH LINKE
IRS990/TheBooksAreInCareOf/TelephoneNumber07207220473
IRS990/TotalAssets/BOY0128214
IRS990/TotalAssetsBOY0128214
IRS990/TotalAssets/EOY0163882
IRS990/TotalAssetsEOY0163882
IRS990/TotalCompGT150K0true
IRS990/TotalContributions01107028
IRS990/TotalExpensesCurrentYear01131448
IRS990/TotalExpensesPriorYear0838756
IRS990/TotalFunctionalExpenses/Fundraising00
IRS990/TotalFunctionalExpenses/ManagementAndGeneral06000
IRS990/TotalFunctionalExpenses/ProgramServices01127448
IRS990/TotalFunctionalExpenses/Total01131448
IRS990/TotalFundrsngExpCurrentYear00
IRS990/TotalGrossUBI00
IRS990/TotalLiabilities/BOY0122
IRS990/TotalLiabilitiesBOY0122
IRS990/TotalLiabilities/EOY07113
IRS990/TotalLiabilitiesEOY07113
IRS990/TotalLiabNetAssetsFundBalances/BOY0128214
IRS990/TotalLiabNetAssetsFundBalances/EOY0163882
IRS990/TotalNbrEmployees00
IRS990/TotalNetAssetsFundBalances/BOY0128092
IRS990/TotalNetAssetsFundBalances/EOY0156769
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IRS990/TotalProgramServiceExpense0924844
IRS990/TotalReportableCompFromOrg0218301
IRS990/TotalRevenueCurrentYear01107028
IRS990/TotalRevenuePriorYear0855243
IRS990/TotalRevenue/TotalRevenueColumn01107028
IRS990/Travel/ProgramServices056058
IRS990/Travel/Total056058
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IRS990/UnrelatedBusinessIncome0false
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IRS990/UnsecuredNotesLoansPayable/BOY0122
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IRS990/YearFormation01994

Document Assets

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Filings

Displayed year

2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$163,882
Liabilities
$7,113
Net assets
$156,769
Revenue
-
Expenses
$1,131,448
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.21$0.06$0.15$0.29$0.31$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.19$0.02$0.17$0.37$0.31$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.16$0.06$0.10$0.16$0.22$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.22$0.04$0.18$0.17$0.18$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.23$0.05$0.18$0.17$0.16$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.22$0.05$0.17$0.13$0.19$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.23$0.02$0.21$0.37$0.35$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.22$0.03$0.19$0.45$0.43$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.16$0.48$0.46$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.16$0.01$0.15$0.95$0.92$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.13$0.01$0.12$0.99$0.99$0.00
2013Summary only. Only limited summary data is available for this year.$0.15$0.02$0.12$0.87$0.90$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.01$0.16$1.13
2012Summary only. Only limited summary data is available for this year.$0.16$0.01$0.16$1.11$1.13$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.00$0.13$0.84
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.00$0.11$0.29