Civic Intelligence

X Prize Foundation Inc.

990 • Fiscal year 2018 • EIN 52-1876879

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

800 Corporate Pointe Suite 350Culver City, CA 90230

(310) 741-4880

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.41x

Higher debt load relative to assets than 62% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Liabilities / Revenue

85th percentile

2.23x

Higher debt load relative to revenue than 85% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Net Margin

1st percentile

-126%

Higher net margin than 1% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Top Officer Pay

47th percentile

$331,046

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Asset Growth

2nd percentile

-23%

Faster asset growth than 2% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Revenue Growth

5th percentile

-39%

Faster revenue growth than 5% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Assets

Down

$91,242,507

Down $27,149,248 (-23%) from 2017

Net Assets

Down

$53,392,307

Down $23,556,125 (-31%) from 2017

Liabilities

Down

$37,850,200

Down $3,593,123 (-8.7%) from 2017

Revenue

Down

$16,989,918

Down $10,715,194 (-39%) from 2017

Expenses

Up

$38,480,616

Up $2,051,978 (+5.6%) from 2017

Net Income

Down

-$21,490,698

Down $12,767,172 (-146%) from 2017

Historical Trend

Balance Sheet Trend

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

$200M$150M$100M$50M$0Assets 2011: $33,777,798Liabilities 2011: $5,227,040Net Assets 2011: $28,550,7582011Assets 2012: $49,168,542Liabilities 2012: $5,993,435Net Assets 2012: $43,175,1072012Assets 2013: $64,456,933Liabilities 2013: $22,994,600Net Assets 2013: $41,462,3332013Assets 2014: $81,994,453Liabilities 2014: $25,243,116Net Assets 2014: $56,751,3372014Assets 2015: $109,913,251Liabilities 2015: $29,996,312Net Assets 2015: $79,916,9392015Assets 2016: $118,011,416Liabilities 2016: $32,552,142Net Assets 2016: $85,459,2742016Assets 2017: $118,391,755Liabilities 2017: $41,443,323Net Assets 2017: $76,948,4322017Assets 2018: $91,242,507Liabilities 2018: $37,850,200Net Assets 2018: $53,392,3072018Assets 2019: $57,761,215Liabilities 2019: $19,270,315Net Assets 2019: $38,490,9002019Assets 2020: $73,945,038Liabilities 2020: $36,868,538Net Assets 2020: $37,076,5002020Assets 2021: $103,691,143Liabilities 2021: $71,042,801Net Assets 2021: $32,648,3422021Assets 2022: $77,608,546Liabilities 2022: $53,008,667Net Assets 2022: $24,599,8792022Assets 2023: $151,641,597Liabilities 2023: $120,633,696Net Assets 2023: $31,007,9012023Assets 2024: $146,450,974Liabilities 2024: $116,001,952Net Assets 2024: $30,449,0222024

Highlighted filing

2018

Assets$91,242,507
Liabilities$37,850,200
Net Assets$53,392,307

Operations Trend

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

$60M$40M$20M$0-$20M-$40MRevenue 2011: $31,321,262Expenses 2011: $17,065,987Net Income 2011: $14,255,2752011Expenses 2012: $15,827,8632012Revenue 2013: $22,265,443Expenses 2013: $23,978,217Net Income 2013: -$1,712,7742013Revenue 2014: $39,439,182Expenses 2014: $24,150,178Net Income 2014: $15,289,0042014Revenue 2015: $51,199,386Expenses 2015: $28,033,784Net Income 2015: $23,165,6022015Revenue 2016: $33,729,194Expenses 2016: $27,930,436Net Income 2016: $5,798,7582016Revenue 2017: $27,705,112Expenses 2017: $36,428,638Net Income 2017: -$8,723,5262017Revenue 2018: $16,989,918Expenses 2018: $38,480,616Net Income 2018: -$21,490,6982018Revenue 2019: $18,343,433Expenses 2019: $33,244,778Net Income 2019: -$14,901,3452019Revenue 2020: $24,207,747Expenses 2020: $25,622,100Net Income 2020: -$1,414,3532020Revenue 2021: $19,767,291Expenses 2021: $23,441,589Net Income 2021: -$3,674,2982021Revenue 2022: $18,395,520Expenses 2022: $24,221,912Net Income 2022: -$5,826,3922022Revenue 2023: $31,401,063Expenses 2023: $26,464,138Net Income 2023: $4,936,9252023Revenue 2024: $47,528,889Expenses 2024: $49,132,340Net Income 2024: -$1,603,4512024

Highlighted filing

2018

Revenue$16,989,918
Expenses$38,480,616
Net Income-$21,490,698
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$16,989,918
Mission and Program Overview

Mission

To bring about radical breakthroughs for the benefits of humanity, thereby inspiring the formation of new industries and the revitalization of markets.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$70,426,808$67,058,171▼ $3,368,637
Pledges and Grants Receivable$38,426,320$13,153,826▼ $25,272,494
Cash and Non-Interest-Bearing Accounts$3,991,662$3,957,257▼ $34,405
Accounts Receivable$2,514,064$3,199,105▲ $685,041
Land, Buildings, and Equipment, Net$1,734,213$1,138,481▼ $595,732
Investments Other Securities$272,460$1,082,713▲ $810,253
Prepaid Expenses and Deferred Charges$296,309$400,742▲ $104,433
Savings and Temporary Cash Investments$498,300$269,880▼ $228,420
Intangible Assets$8,389$8,389→ $0
Total Assets$118,391,755$91,242,507▼ $27,149,248
Other Assets Total$223,230$973,943▲ $750,713
Liabilities
Other Liabilities$29,446,539$28,398,568▼ $1,047,971
Deferred Revenue$8,051,938$5,375,461▼ $2,676,477
Accounts Payable and Accrued Expenses$3,944,846$4,076,171▲ $131,325
Total Liabilities$41,443,323$37,850,200▼ $3,593,123
Net Assets / Fund Balance
Unrestricted Net Assets$76,948,432$53,392,307▼ $23,556,125
Total Net Assets Fund Balance$76,948,432$53,392,307▼ $23,556,125
Total Liabilities and Net Assets / Fund Balance$118,391,755$91,242,507▼ $27,149,248

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$713,403$1,960,216$2,673,619
Other Land Buildings$261,458$1,396,660$1,658,118
Equipment$163,620$729,183$892,803
Buildings$0$42,436$42,436
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Marcus ShinglesCEO (outgoing)FT$321,310$9,736$331,046
Peter DiamandisFounder & ChairmanFT$254,500$36,822$291,322
Jeffrey NerdinGeneral CounselFT$247,500$31,993$279,493
Massimo CappellariChief Technology OfficerFT$220,792$50,671$271,463
Zenia TataChief Impact OfficerFT$224,783$26,320$251,103
Robert WeissVice ChairmanFT$202,524$44,177$246,701
Chanda GonzalezVP of Prize OperationsFT$175,821$28,187$204,008
Anousheh AnsariCEOFT$146,336$940$147,276

Board Members and Trustees

NameTitle
Amir AnsariDirector
Eric EsrailianDirector
Gil ElbazDirector
Jack BaderDirector
Jeffrey ShamesDirector
John FrankDirector
Salim IsmailDirector
Gregg MaryniakSecretary
Barry ThompsonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Deloitte Consulting LLPAudit & Tax ServicesPO BOX 844717, Dallas, TX 75284$440,000
AjilonProfessional Staffing ServicesDEPT CH 14031, Palatine, IL 60055$158,611
Synaptic Public RelationsConsultant - Cfo11070 EAST LAS POSAS RD, Santa Rosa Valley, CA 93012$154,000
-ConsultantPO BOX 8176, Newport Beach, CA 92658$150,000
-Marketing Professional Services1342 N HIGHLAND AVE 5, Los Angeles, CA 90028$132,120
Revenue and Support

Revenue Composition

Contributions and Grants
$15,528,650
Program Service Revenue
$0
Investment Income
$1,461,268
Other Revenue
$0
All Other Contributions
$15,528,650
Change in Net Assets
$-21,490,698
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$25,836,331
Salaries, Compensation, and Employee Benefits$12,614,777
Total Fundraising Expense$3,456,548
Grants and Similar Amounts Paid$29,508
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,457,836$875,164$1,605,210$8,938,210
Fees for Services Other$2,447,147$31,000$275,000$2,753,147
Advertising$1,310,414$11,139$647,649$1,969,202
Travel$1,756,663$9,832$63,362$1,829,857
Current Officers, Directors, Trustees, and Key Employees-$1,742,919-$1,742,919
Occupancy-$839,383$279,794$1,119,177
Other Employee Benefits$306,285$508,993$122,006$937,284
Information Technology$862,005--$862,005
Other Expenses$847,768$3,212,525-$847,768
Payroll Taxes$247,106$410,647$98,432$756,185
Depreciation Depletion-$718,673-$718,673
Fees for Service Investment Mgmnt Fees-$347,666-$347,666
Fees for Services Legal-$227,305$25,256$252,561
Pension Plan Contributions$78,486$130,429$31,264$240,179
Office Expenses$102,350$46,523$83,741$232,614
All Other Expenses$74,321$111,038$41,244$226,603
Insurance-$140,873$60,374$201,247
Fees for Services Lobbying--$96,440$96,440
Fees for Services Accounting-$50,906-$50,906
Grants to Domestic Orgs$29,508--$29,508
Conferences and Meetings--$26,776$26,776
Interest-$301-$301
Total Functional Expenses$25,608,752$9,415,316$3,456,548$38,480,616
International Activity

International Summary

Offices
1
Employees
1
Spending
$398,015

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
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
South Asia - Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal,General & Administrative-11$398,015
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
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Prize Purses$27,442,070
Deferred Rent$956,498
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 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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Board members anousheh & amir ansari have a family relationship.

Form 990, Part VI, Section B, Line 11B

Form 990 is reviewed by internal management and the finance committee of the board of trustees in conjunction with outside tax preparers.

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

The conflict of interest policy is distributed and discussed with the entire board during one of its regular meetings. Any potential issues are immediately brought to board attention to be resolved. The board of directors is responsible (finance committee) for enforcing conflict of interest issues.

Form 990, Part VI, Section B, Line 15

X prize foundation engaged the services of an independent firm to give an opinion on executive compensation. The opinion given was based on review of compensation levels at similar organizations in comparison to those at x prize foundation. Results of the study were provided to the compensation committee who in turn presented the findings to the board of trustees. The compensation committee reviews and documents officer compensation along with an independent salary survey during a meeting.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
X Prize Foundation Inc
EIN
52-1876879
Phone
3107414880
Address
800 CORPORATE POINTE SUITE 350, CULVER CITY, CA 90230

Signing Officer

Name
Anousheh Ansari
Title
CEO
Phone
3107414880
Signed
2019-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anousheh Ansari
Formed
1994
Legal Domicile
CA
Voting Board Members
12
Independent Board Members
9
Employees
127
Volunteers
9

Preparer

Firm
Cohnreznick Llp
Address
400 CAPITOL MALL SUITE 1200, SACRAMENTO, CA 95814
Preparer
Lisa M Cummings CPA
Phone
9164429100
Supplemental Narrative

Additional Explanations

FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

The x prize foundation is an education non-profit that strives to bring about creative solutions to the grandest challenges facing humanity in the areas of space exploration, education, human health, global entrepreneurship, energy and transportation. The foundation applies an equal degree of diligence and care in developing and managing prize-incentive competitions in those areas where technological innovation is stagnant or regulatory and market forces present extraordinary obstacles. The foundation's underlying mission is to bring about radical breakthroughs for the benefit of humanity. A critical aspect of each competition will be an overall education campaign and dissemination of scientific information that is generated by the competition, which will be published online, and in treatise, thesis, trade publication, or in any other form available to the interested public. The organization will ensure that the competitions are widely-publicized and the scientific results of each competition are disseminated broadly. The success of each competition hinges on this publicity.

FORM 990, PART XII, LINE 2C:

The organization's processes for oversight of the audit of its financial statements and selection of an independent accountant have not changed from the previous year.

Financial Statement Notes

PART X, LINE 2:

The foundation is a not-for-profit organization that is exempt from income taxes under section 501(c)(3) of the internal revenue code and section 23701(d) of the revenue and taxation code of the state of california and is not required to file a tax return. Accordingly, no provision for income taxes is included in the accompanying financial statements. The foundation has no unrecognized tax benefits at december 31, 2018. The foundation's federal income tax returns for fiscal years 2018, 2017 and 2016 remain open. The foundation's state income tax returns for fiscal years 2018, 2017, 2016 and 2015 remain open. Management continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings. If applicable, the foundation recognizes interest and penalties associated with tax matters as part of income tax expense and includes accrued interest and penalties with accounts payable and accrued expenses in the statement of financial position. The foundation is subject to income taxes on any net income that is derived from trades or businesses, regularly carried on and not in the furtherance of the purposes for which it was granted exemption. The foundation receives various corporate sponsorships, which it carefully evaluates as to whether the income is subject to unrelated business income tax. The foundation was not subject to any unrelated business income tax for the year ended december 31, 2018.

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IRS990/Desc0X PRIZE FOUNDATION, INC. ("X PRIZE") IS A NOT-FOR-PROFIT 501(C)(3) MARYLAND CORPORATION FOSTERING AND SPONSORING COMPETITION TO CREATE INNOVATIVE BREAKTHROUGHS FOR THE BENEFIT OF HUMANITY. THE FOUNDATION CONDUCTS COMPETITIONS IN SEVEN PRIZE GROUPS: LEARNING & HUMAN POTENTIAL, ENERGY & RESOURCES; SPACE & NEW FRONTIERS; CIVIL SOCIETY; HEALTH & WELLNESS; PLANET & ENVIRONMENT; AND SHELTER & INFRASTRUCTURE.
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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/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1940
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt99736
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1036822
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1144177
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1310187
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1432671
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1526320
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1631993
IRS990/Form990PartVIISectionAGrp/PersonNm0AMIR ANSARI
IRS990/Form990PartVIISectionAGrp/PersonNm1ANOUSHEH ANSARI
IRS990/Form990PartVIISectionAGrp/PersonNm2BARRY THOMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm3ERIC ESRAILIAN
IRS990/Form990PartVIISectionAGrp/PersonNm4GIL ELBAZ
IRS990/Form990PartVIISectionAGrp/PersonNm5GREGG MARYNIAK
IRS990/Form990PartVIISectionAGrp/PersonNm6JACK BADER
IRS990/Form990PartVIISectionAGrp/PersonNm7JEFFREY SHAMES
IRS990/Form990PartVIISectionAGrp/PersonNm8JOHN FRANK
IRS990/Form990PartVIISectionAGrp/PersonNm9MARCUS SHINGLES
IRS990/Form990PartVIISectionAGrp/PersonNm10PETER DIAMANDIS
IRS990/Form990PartVIISectionAGrp/PersonNm11ROBERT WEISS
IRS990/Form990PartVIISectionAGrp/PersonNm12SALIM ISMAIL
IRS990/Form990PartVIISectionAGrp/PersonNm13CHANDA GONZALEZ
IRS990/Form990PartVIISectionAGrp/PersonNm14MASSIMO CAPPELLARI
IRS990/Form990PartVIISectionAGrp/PersonNm15ZENIA TATA
IRS990/Form990PartVIISectionAGrp/PersonNm16JEFFREY NERDIN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1146336
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9321310
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10254500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11202524
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13193821
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14238792
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15224783
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16247500
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/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9CEO (OUTGOING)
IRS990/Form990PartVIISectionAGrp/TitleTxt10FOUNDER & CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt11VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP OF PRIZE OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHIEF TECHNOLOGY OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt15CHIEF IMPACT OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt16GENERAL COUNSEL
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01994
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantAmt027864
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt029508
IRS990/GrantsToDomesticOrgsGrp/TotalAmt029508
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt016989918
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt026
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt0862005
IRS990/InformationTechnologyGrp/TotalAmt0862005
IRS990/InsuranceGrp/FundraisingAmt060374
IRS990/InsuranceGrp/ManagementAndGeneralAmt0140873
IRS990/InsuranceGrp/TotalAmt0201247
IRS990/IntangibleAssetsGrp/BOYAmt08389
IRS990/IntangibleAssetsGrp/EOYAmt08389
IRS990/InterestGrp/ManagementAndGeneralAmt0301
IRS990/InterestGrp/TotalAmt0301
IRS990/InvestmentIncomeGrp/ExclusionAmt01461268
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01461268
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0272460
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01082713
IRS990/InvestmentsPubTradedSecGrp/BOYAmt070426808
IRS990/InvestmentsPubTradedSecGrp/EOYAmt067058171
IRS990/IRPDocumentCnt0102
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04128495
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01734213
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01138481
IRS990/LandBldgEquipCostOrOtherBssAmt05266976
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SEE SCHEDULE O
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt076948432
IRS990/NetAssetsOrFundBalancesEOYAmt053392307
IRS990/NetUnrelatedBusTxblIncmAmt052041
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt0279794
IRS990/OccupancyGrp/ManagementAndGeneralAmt0839383
IRS990/OccupancyGrp/TotalAmt01119177
IRS990/OfficeExpensesGrp/FundraisingAmt083741
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt046523
IRS990/OfficeExpensesGrp/ProgramServicesAmt0102350
IRS990/OfficeExpensesGrp/TotalAmt0232614
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0223230
IRS990/OtherAssetsTotalGrp/EOYAmt0973943
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0122006
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0508993
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0306285
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0937284
IRS990/OtherExpensesGrp/Desc0COMPETITION EXPENSE
IRS990/OtherExpensesGrp/Desc1PROGRAM EVENT EXPENSE
IRS990/OtherExpensesGrp/Desc2BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc3PRODUCTION EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03212525
IRS990/OtherExpensesGrp/ProgramServicesAmt05711472
IRS990/OtherExpensesGrp/ProgramServicesAmt14822391
IRS990/OtherExpensesGrp/ProgramServicesAmt2555000
IRS990/OtherExpensesGrp/ProgramServicesAmt3847768
IRS990/OtherExpensesGrp/TotalAmt05711472
IRS990/OtherExpensesGrp/TotalAmt14822391
IRS990/OtherExpensesGrp/TotalAmt23767525
IRS990/OtherExpensesGrp/TotalAmt3847768
IRS990/OtherLiabilitiesGrp/BOYAmt029446539
IRS990/OtherLiabilitiesGrp/EOYAmt028398568
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt01605210
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0875164
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt06457836
IRS990/OtherSalariesAndWagesGrp/TotalAmt08938210
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt098432
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0410647
IRS990/PayrollTaxesGrp/ProgramServicesAmt0247106
IRS990/PayrollTaxesGrp/TotalAmt0756185
IRS990/PensionPlanContributionsGrp/FundraisingAmt031264
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0130429
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt078486
IRS990/PensionPlanContributionsGrp/TotalAmt0240179
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt038426320
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt013153826
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0296309
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0400742
IRS990/PrincipalOfficerNm0ANOUSHEH ANSARI
IRS990/PriorPeriodAdjustmentsAmt0-2065427
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0THE FOUNDATION PROVIDES AND OPERATES EDUCATION AND OUTREACH PROGRAMS RELATED TO ITS MISSION. THESE ACTIVITIES CONSIST OF SPEECHES, VISUAL PRESENTATIONS AND EDUCATIONAL MATERIALS IN PARTNERSHIP WITH KEY ACADEMIC INSTITUTIONS, AS WELL AS RESEARCH AND PUBLICATION OF INFORMATION IN THE GENERAL PUBLIC INTEREST.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01426407
IRS990/ProgSrvcAccomActy2Grp/GrantAmt01644
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt026686787
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt082568
IRS990/PYInvestmentIncomeAmt01018325
IRS990/PYOtherExpensesAmt023370506
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-8723526
IRS990/PYSalariesCompEmpBnftPaidAmt012975564
IRS990/PYTotalExpensesAmt036428638
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt027705112
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-21490698
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$146$116$30.4$47.5$49.1$1.60
2023Detailed filing. Detailed filing data is available for this year.$152$121$31.0$31.4$26.5$4.94
2022Detailed filing. Detailed filing data is available for this year.$77.6$53.0$24.6$18.4$24.2$5.83
2021Detailed filing. Detailed filing data is available for this year.$104$71.0$32.6$19.8$23.4$3.67
2020Detailed filing. Detailed filing data is available for this year.$73.9$36.9$37.1$24.2$25.6$1.41
2019Detailed filing. Detailed filing data is available for this year.$57.8$19.3$38.5$18.3$33.2$14.9
2018Detailed filing. Detailed filing data is available for this year.$91.2$37.9$53.4$17.0$38.5$21.5
2017Detailed filing. Detailed filing data is available for this year.$118$41.4$76.9$27.7$36.4$8.72
2016Detailed filing. Detailed filing data is available for this year.$118$32.6$85.5$33.7$27.9$5.80
2015Detailed filing. Detailed filing data is available for this year.$110$30.0$79.9$51.2$28.0$23.2
2014Detailed filing. Detailed filing data is available for this year.$82.0$25.2$56.8$39.4$24.2$15.3
2013Detailed filing. Detailed filing data is available for this year.$64.5$23.0$41.5$22.3$24.0$1.71
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$49.2$5.99$43.2$15.8
2011Summary only. Only limited summary data is available for this year.$33.8$5.23$28.6$31.3$17.1$14.3