Civic Intelligence

University Corporation for Atmospheric

990 • Fiscal year 2022 • EIN 74-2439386

Oct 01, 2021 to Sep 30, 2022 • Filed on Aug 04, 2023

PO Box 3000Boulder, CO 80307

(303) 497-8575

Siviq Scores

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

Liabilities / Assets

8th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

8th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

98th percentile

97%

Higher net margin than 98% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

96th percentile

$638,238

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 9.9% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

99th percentile

551%

Faster asset growth than 99% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

99th percentile

1478%

Faster revenue growth than 99% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Up

$7,406,255

Up $6,269,338 (+551%) from 2021

Net Assets

Up

$7,406,255

Up $6,275,615 (+555%) from 2021

Liabilities

Down

$0

Down $6,277 (-100%) from 2021

Revenue

Up

$6,460,633

Up $6,051,217 (+1478%) from 2021

Expenses

Down

$185,018

Down $62,735 (-25%) from 2021

Net Income

Up

$6,275,615

Up $6,113,952 (+3782%) from 2021

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $1,965,183Liabilities 2010: $376,336Net Assets 2010: $1,588,8472010Assets 2011: $1,860,296Liabilities 2011: $564,093Net Assets 2011: $1,296,2032011Assets 2012: $2,103,877Liabilities 2012: $71,922Net Assets 2012: $2,031,9552012Assets 2013: $2,190,576Liabilities 2013: $157,001Net Assets 2013: $2,033,5752013Assets 2014: $1,038,668Liabilities 2014: $70,697Net Assets 2014: $967,9712014Assets 2015: $923,380Liabilities 2015: $124,251Net Assets 2015: $799,1292015Assets 2016: $766,656Liabilities 2016: $67,813Net Assets 2016: $698,8432016Assets 2017: $925,886Liabilities 2017: $197,077Net Assets 2017: $728,8092017Assets 2018: $739,599Liabilities 2018: $75,036Net Assets 2018: $664,5632018Assets 2019: $751,600Liabilities 2019: $56,835Net Assets 2019: $694,7652019Assets 2020: $1,067,915Liabilities 2020: $900Net Assets 2020: $1,067,0152020Assets 2021: $1,136,917Liabilities 2021: $6,277Net Assets 2021: $1,130,6402021Assets 2022: $7,406,255Liabilities 2022: $0Net Assets 2022: $7,406,2552022Assets 2023: $4,877,329Liabilities 2023: $0Net Assets 2023: $4,877,3292023Assets 2024: $4,311,638Liabilities 2024: $0Net Assets 2024: $4,311,6382024

Highlighted filing

2022

Assets$7,406,255
Liabilities$0
Net Assets$7,406,255

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $303,1942010Revenue 2011: $154,381Expenses 2011: $133,192Net Income 2011: $21,1892011Expenses 2012: $95,4062012Expenses 2013: $209,6032013Revenue 2014: $43,465Expenses 2014: $1,398,508Net Income 2014: -$1,355,0432014Revenue 2015: $143,228Expenses 2015: $176,373Net Income 2015: -$33,1452015Revenue 2016: $86,889Expenses 2016: $122,400Net Income 2016: -$35,5112016Revenue 2017: $275,730Expenses 2017: $245,764Net Income 2017: $29,9662017Revenue 2018: $121,883Expenses 2018: $128,746Net Income 2018: -$6,8632018Revenue 2019: $156,898Expenses 2019: $79,171Net Income 2019: $77,7272019Revenue 2020: $417,313Expenses 2020: $30,256Net Income 2020: $387,0572020Revenue 2021: $409,416Expenses 2021: $247,753Net Income 2021: $161,6632021Revenue 2022: $6,460,633Expenses 2022: $185,018Net Income 2022: $6,275,6152022Revenue 2023: $1,449,878Expenses 2023: $3,978,804Net Income 2023: -$2,528,9262023Revenue 2024: $262,540Expenses 2024: $828,231Net Income 2024: -$565,6912024

Highlighted filing

2022

Revenue$6,460,633
Expenses$185,018
Net Income$6,275,615
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Aug 4, 2023
Return Version
2021v4.2
Gross Receipts
$6,460,633
Mission and Program Overview

Mission

To assume and foster certain charitable activities of the university corporation for atmospheric research (ucar). These include development of scientific innovations, related research, and application of scientific advances for the benefit of the general public. One of the objectives of the exchange is to pursue opportunities to develop and license scientific and engineering advances generated by ucar's research.

Pursue opportunities to develop & license scientific & engineering advances.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$950,574$7,331,255▲ $6,380,681
Investments Other Securities$111,343--
Other Notes and Loans Receivable, Net$75,000$75,000→ $0
Total Assets$1,136,917$7,406,255▲ $6,269,338
Liabilities
Accounts Payable and Accrued Expenses$6,277--
Total Liabilities$6,277$0▼ $6,277
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,130,640$7,406,255▲ $6,275,615
Total Net Assets Fund Balance$1,130,640$7,406,255▲ $6,275,615
Total Liabilities and Net Assets / Fund Balance$1,136,917$7,406,255▲ $6,269,338

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$189,301$189--$189,490
2020$188,745$556--$189,301
2019$188,236$509--$188,745
2018$187,199$1,037--$188,236
2017$185,795$1,404--$187,199
Compensation and Service Providers

Board Members and Trustees

NameTitle
Steve BerensPresident and Chair
Antonio BusalacchiDirector/ucar President
Carlo Cruz AbramsDirector
Celeste StragandDirector
Dr Robert SerafinDirector
Stephan ReckieDirector
Susan AveryDirector
Michael AndersonGeneral Counsel/secretary
Erika SmithTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$4,204,546
Other Revenue
$2,256,087
Change in Net Assets
$6,275,615
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$129,157
Other Expenses$55,861
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$129,157--$129,157
Royalties-$50,261-$50,261
Interest-$3,448-$3,448
Other Expenses-$2,152-$2,152
Total Functional Expenses$129,157$55,861$0$185,018
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University Corp for Atmospheric ResearchBoulder, CO501(c)(3)General Support$129,157
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
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 7A

Pursuant to the bylaws, university corporation for atmospheric research, a related tax-exempt entity, has the power to elect members of the organization's governing body.

Form 990, Part VI, Section A, Line 8B

The ucar exchange has no committees with the authority to act on behalf of the governing body.

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

The exchange's directors were provided a copy of the final form 990 (including all schedules) and were briefed on specific areas of interest prior to filing with the irs on or before august 15, 2023.

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

The director and officer conflict of interest forms are reviewed annually by the exchange's general counsel. Any conflict of interest is disclosed to the chair or to the vice chair (if the chair is unavailable or the conflict involves the chair) of the board of directors. Upon disclosure of a conflict of interest that affects board action or the exchange's transactions or activities, all information concerning the conflict is also disclosed to each member of the board. The director or officer experiencing the conflict is excluded from any discussions or deliberations of the board concerning authorization, approval, or ratification of the contract, transaction or activity. If the board discovers it has acted upon a proposal in ignorance of an undisclosed conflict of interest, then the board will promptly reexamine the issue, with an appropriate record of such scrutiny. For directors, where a conflict of interest cannot be avoided and is material, the director may need to resign.

Form 990, Part VI, Section B, Line 15

All compensation is determined and paid by a related tax-exempt entity, university corporation for atmospheric research.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy and financial statements are made available upon request.

Filing and Contact Details

Filer

Filer Name
Ucar Exchange
EIN
74-2439386
Phone
3034978575
Address
PO BOX 3000, BOULDER, CO 80307

Signing Officer

Name
Erika Smith
Title
CFO
Phone
3034978575
Signed
2023-08-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Berens
Formed
1986
Legal Domicile
Co
Voting Board Members
7
Independent Board Members
6
Employees
0
Volunteers
7

Preparer

Firm
Cliftonlarsonallen Llp
Address
8390 EAST CRESCENT PARKWAY SUITE, 300, GREENWOOD VILLAGE, CO 80111
Preparer
Sarah Hintz
Phone
3037795710
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process for overseeing and selecting an independent accountant has not changed from the prior year.

Financial Statement Notes

PART V, LINE 4:

The endowment is owned by university corporation for atmospheric research (ucar). The endowment consists of one donor restricted fund established to support scientific fellowships from donations. The investment income earned on the donations is intended to fund the expenses of the fellowships with the principal balance permanently intact. Net assets associated with endowment funds are classified and reported as permanently restricted. Investment earnings are recorded as temporarily restricted net assets.

Raw XML AppendixShowing 400 of 479 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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IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0840412668
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0129157
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0UNIVERSITY CORPORATION FOR ATMOSPHERIC RESEARCH
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0129157
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0189301
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0189
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0189490
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0188745
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0556
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0189301
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0188236
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0509
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0188745
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0187199
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt01037
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0188236
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0185795
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt01404
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0187199
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd01
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RelatedOrgListSchRInd01
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENDOWMENT IS OWNED BY UNIVERSITY CORPORATION FOR ATMOSPHERIC RESEARCH (UCAR). THE ENDOWMENT CONSISTS OF ONE DONOR RESTRICTED FUND ESTABLISHED TO SUPPORT SCIENTIFIC FELLOWSHIPS FROM DONATIONS. THE INVESTMENT INCOME EARNED ON THE DONATIONS IS INTENDED TO FUND THE EXPENSES OF THE FELLOWSHIPS WITH THE PRINCIPAL BALANCE PERMANENTLY INTACT. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED AS PERMANENTLY RESTRICTED. INVESTMENT EARNINGS ARE RECORDED AS TEMPORARILY RESTRICTED NET ASSETS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0129157
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0N/A
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0UNIVERSITY CORP FOR ATMOSPHERIC RESEARCH
IRS990ScheduleI/RecipientTable/RecipientEIN0840412668
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 3000
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BOULDER
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CO
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd080307
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0N/A
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0UCAR EXCHANGE RELIES ON UNIVERSITY CORPORATION FOR ATMOSPHERIC RESEARCH'S GOOD GOVERNANCE AND OPERATIONAL PROCEDURES TO SPEND THE MONEY AS INTENDED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0591973
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1233102
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt029000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt124222
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt017265
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt114949
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ANTONIO BUSALACCHI
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1ERIKA SMITH
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR/UCAR PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0638238
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1272273
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0UCAR EXCHANGE HAS NO EMPLOYEES. ALL COMPENSATION FOR KEY EXECUTIVES IS DETERMINED AND PAID BY UNIVERSITY CORPORATION FOR ATMOSPHERIC RESEARCH (UCAR), A RELATED TAX-EXEMPT ORGANIZATION. UCAR EXCHANGE RELIES ON THE METHODS USED BY UCAR IN ESTABLISHING COMPENSATION INCLUDING: INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEY OR STUDY, FORM 990 OF OTHER ORGANIZATIONS, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PURSUANT TO THE BYLAWS, UNIVERSITY CORPORATION FOR ATMOSPHERIC RESEARCH, A RELATED TAX-EXEMPT ENTITY, HAS THE POWER TO ELECT MEMBERS OF THE ORGANIZATION'S GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE UCAR EXCHANGE HAS NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXCHANGE'S DIRECTORS WERE PROVIDED A COPY OF THE FINAL FORM 990 (INCLUDING ALL SCHEDULES) AND WERE BRIEFED ON SPECIFIC AREAS OF INTEREST PRIOR TO FILING WITH THE IRS ON OR BEFORE AUGUST 15, 2023.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE DIRECTOR AND OFFICER CONFLICT OF INTEREST FORMS ARE REVIEWED ANNUALLY BY THE EXCHANGE'S GENERAL COUNSEL. ANY CONFLICT OF INTEREST IS DISCLOSED TO THE CHAIR OR TO THE VICE CHAIR (IF THE CHAIR IS UNAVAILABLE OR THE CONFLICT INVOLVES THE CHAIR) OF THE BOARD OF DIRECTORS. UPON DISCLOSURE OF A CONFLICT OF INTEREST THAT AFFECTS BOARD ACTION OR THE EXCHANGE'S TRANSACTIONS OR ACTIVITIES, ALL INFORMATION CONCERNING THE CONFLICT IS ALSO DISCLOSED TO EACH MEMBER OF THE BOARD. THE DIRECTOR OR OFFICER EXPERIENCING THE CONFLICT IS EXCLUDED FROM ANY DISCUSSIONS OR DELIBERATIONS OF THE BOARD CONCERNING AUTHORIZATION, APPROVAL, OR RATIFICATION OF THE CONTRACT, TRANSACTION OR ACTIVITY. IF THE BOARD DISCOVERS IT HAS ACTED UPON A PROPOSAL IN IGNORANCE OF AN UNDISCLOSED CONFLICT OF INTEREST, THEN THE BOARD WILL PROMPTLY REEXAMINE THE ISSUE, WITH AN APPROPRIATE RECORD OF SUCH SCRUTINY. FOR DIRECTORS, WHERE A CONFLICT OF INTEREST CANNOT BE AVOIDED AND IS MATERIAL, THE DIRECTOR MAY NEED TO RESIGN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL COMPENSATION IS DETERMINED AND PAID BY A RELATED TAX-EXEMPT ENTITY, UNIVERSITY CORPORATION FOR ATMOSPHERIC RESEARCH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE PROCESS FOR OVERSEEING AND SELECTING AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0UNIVERSITY CORPORATION FOR ATMOSPHERIC RESEARCH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0840412668
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0RESEARCH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 3000
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BOULDER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd080307
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.31$0.00$4.31$0.26$0.83$0.57
2023Detailed filing. Detailed filing data is available for this year.$4.88$0.00$4.88$1.45$3.98$2.53
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.41$0.00$7.41$6.46$0.19$6.28
2021Detailed filing. Detailed filing data is available for this year.$1.14$0.01$1.13$0.41$0.25$0.16
2020Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$0.42$0.03$0.39
2019Detailed filing. Detailed filing data is available for this year.$0.75$0.06$0.69$0.16$0.08$0.08
2018Summary only. Only limited summary data is available for this year.$0.74$0.08$0.66$0.12$0.13$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.93$0.20$0.73$0.28$0.25$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.77$0.07$0.70$0.09$0.12$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.92$0.12$0.80$0.14$0.18$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.04$0.07$0.97$0.04$1.40$1.36
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.19$0.16$2.03$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.10$0.07$2.03$0.10
2011Summary only. Only limited summary data is available for this year.$1.86$0.56$1.30$0.15$0.13$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.97$0.38$1.59$0.30