Civic Intelligence

Applied Science and Technology Research Organization of Americs

990 • Fiscal year 2022 • EIN 83-0891239

Jan 01, 2022 to Dec 31, 2022 • Filed on May 22, 2023

1 Rock Island ArsenalRock Island, IL 61299

(202) 309-2432

Siviq Scores

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

Liabilities / Assets

77th percentile

0.43x

Higher debt load relative to assets than 77% of similar nonprofits.

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

Liabilities / Revenue

76th percentile

0.56x

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

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

Net Margin

94th percentile

70%

Higher net margin than 94% of similar nonprofits.

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

Top Officer Pay

79th percentile

$215,200

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 4.2% of source-year revenue.

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

Asset Growth

100th percentile

1888%

Faster asset growth than 100% of similar nonprofits.

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

Revenue Growth

98th percentile

454%

Faster revenue growth than 98% of similar nonprofits.

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

Assets

Up

$6,718,126

Up $6,380,203 (+1888%) from 2021

Net Assets

Up

$3,821,916

Up $3,584,125 (+1507%) from 2021

Liabilities

Up

$2,896,210

Up $2,796,078 (+2792%) from 2021

Revenue

Up

$5,143,273

Up $4,214,947 (+454%) from 2021

Expenses

Up

$1,559,148

Up $738,617 (+90%) from 2021

Net Income

Up

$3,584,125

Up $3,476,330 (+3225%) 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 2019: $190,423Liabilities 2019: $78,406Net Assets 2019: $112,0172019Assets 2020: $210,834Liabilities 2020: $80,838Net Assets 2020: $129,9962020Assets 2021: $337,923Liabilities 2021: $100,132Net Assets 2021: $237,7912021Assets 2022: $6,718,126Liabilities 2022: $2,896,210Net Assets 2022: $3,821,9162022Assets 2023: $4,219,640Liabilities 2023: $1,210,610Net Assets 2023: $3,009,0302023Assets 2024: $5,942,107Liabilities 2024: $1,577,598Net Assets 2024: $4,364,5092024

Highlighted filing

2022

Assets$6,718,126
Liabilities$2,896,210
Net Assets$3,821,916

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2019: $241,381Expenses 2019: $129,364Net Income 2019: $112,0172019Revenue 2020: $470,963Expenses 2020: $452,984Net Income 2020: $17,9792020Revenue 2021: $928,326Expenses 2021: $820,531Net Income 2021: $107,7952021Revenue 2022: $5,143,273Expenses 2022: $1,559,148Net Income 2022: $3,584,1252022Revenue 2023: $3,251,733Expenses 2023: $3,853,207Net Income 2023: -$601,4742023Revenue 2024: $8,783,704Expenses 2024: $6,073,124Net Income 2024: $2,710,5802024

Highlighted filing

2022

Revenue$5,143,273
Expenses$1,559,148
Net Income$3,584,125
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 22, 2023
Return Version
2022v5.0
Gross Receipts
$5,143,273
Mission and Program Overview

Mission

The organization is a non-partisan research institute and think tank. It is dedicated to advancing the public interest through manufacturing technology and policy. It supports government agencies, by conducting applied research and innovations to address the nation's critical defense-related production challenges. This is achieved through federally sponsored contracting, cooperative research, and partnerships.

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$209,752$521,079▲ $311,327
Cash and Non-Interest-Bearing Accounts$128,171$117,901▼ $10,270
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$337,923$6,718,126▲ $6,380,203
Other Assets Total$0$6,079,146▲ $6,079,146
Liabilities
Other Liabilities$0$2,743,025▲ $2,743,025
Accounts Payable and Accrued Expenses$100,132$153,185▲ $53,053
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$100,132$2,896,210▲ $2,796,078
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$237,791$3,821,916▲ $3,584,125
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$237,791$3,821,916▲ $3,584,125
Total Liabilities and Net Assets / Fund Balance$337,923$6,718,126▲ $6,380,203

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$6,079,146--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jason GoreyTreasurer & SecretaryPT$206,923$8,277$215,200
Neal OrringerPresidentPT$89,231$3,877$93,108
Michael MaherChief Technology OfficerPT$64,615$2,585$67,200

Board Members and Trustees

NameTitle
Brett LambertBoard Member
James WilliamsBoard Member
Steve McKnightBoard Member
Tracie PottsBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,143,258
Investment Income
$0
Other Revenue
$15
Change in Net Assets
$3,584,125
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$808,309
Salaries, Compensation, and Employee Benefits$750,839
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$460,191$151,104-$611,295
Current Officers, Directors, Trustees, and Key Employees$114,958$245,811$0$360,769
Other Salaries and Wages$275,328$42,475$0$317,803
Payroll Taxes$27,529$20,451$0$47,980
Fees for Services Accounting$26,197$19,461$0$45,658
Travel$24,980$17,554$0$42,534
Office Expenses$24,237$18,005$0$42,242
Other Expenses$31,750$0$0$31,750
Pension Plan Contributions$11,237$10,054$0$21,291
Fees for Services Legal$2,936$2,181$0$5,117
Other Employee Benefits$1,719$1,277$0$2,996
Occupancy$949$705$0$1,654
Advertising$0$1,610$0$1,610
Total Functional Expenses$1,013,022$546,126$0$1,559,148
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Current Portion Deferred Contract Revenue$2,743,025
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

A Draft copy of the form 990 and attachments is provided to the board of directors for review prior to filing of the return.

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

Directors, principal officers, or members of a committee (Interested Persons") must disclose the existence of financial interests that could give rise to conflicts and provide all material facts to the board. The board will then decide if a conflict of interest exists or appoint a 3rd party to investigate. After exercising due diligence, the board will determine whether the organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the board will then decide as to whether to enter into the transaction or arrangement. The policy is distributed to interested persons on an annual basis. The board will take appropirate disciplinary and corrective action if it determines that an interested person fails to disclose an actual or possible conflict of interest.

Form 990, Part VI, Section B, Line 15A

The board has looked at compensation of other nonprofit organizations with similar missions to determine suitable compensation for top management in future years.

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
Applied Science & Technology Research
EIN
83-0891239
In Care Of
% NEAL ORRINGER
Phone
2023092432
Address
1 Rock Island Arsenal, Rock Island, IL 61299

Signing Officer

Name
Neal Orringer
Title
President
Phone
2023092432
Signed
2023-05-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Neal Orringer
Formed
2018
Legal Domicile
Md
Voting Board Members
6
Independent Board Members
3
Employees
9
Volunteers
4

Preparer

Firm
Bdo USA Llp
Address
10200 Grand Central Ave Suite 320, Owings Mills, MD 21117
Preparer
Nancy J Buckley
Phone
4103633200
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

Description of Organization Mission: The organization is a non-partisan research institute and think tank. It is dedicated to advancing the public interest through manufacturing technology and policy. It supports government agencies, by conducting applied research and innovations to address the nation's critical defense-related production challenges. This is achieved through federally sponsored contracting, cooperative research, and partnerships.

Form 990 Part IX Line 24 - Other Expenses

Description:business development total expenses:136069 program services:management and general:136069 fundraising:

Form 990 Part IX Line 24 - Other Expenses

Description:overhead total expenses:2233 program services:112 management and general:2121 fundraising:

Form 990 Part IX Line 24 - Other Expenses

Description:bank charges total expenses:152 program services:management and general:152 fundraising:

Form 990 Part IX Line 24 - Other Expenses

Description:subcontractors total expenses:443505 program services:443505 management and general:fundraising:

Form 990 Part IX Line 24 - Other Expenses

Description:taxes & licenses total expenses:450 program services:management and general:450 fundraising:

Form 990 Part IX Line 24 - Other Expenses

Description:peo benefit fees total expenses:28886 program services:16574 management and general:12312 fundraising:

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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17392
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21761
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IRS990/OtherExpensesGrp/ProgramServicesAmt19951
IRS990/OtherExpensesGrp/ProgramServicesAmt21060
IRS990/OtherExpensesGrp/ProgramServicesAmt331750
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IRS990/OtherExpensesGrp/TotalAmt22821
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IRS990/ProgSrvcAccomActy2Grp/Desc0The organization initiated public-private partnerships called AM Forward on behalf of seven major U.S. corporations and the U.S. government. Through this effort, we are responsible for implementing and coordinating activities that will strengthen small and medium businesses capabilities via technology insertion and adoption.
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IRS990/ProgSrvcAccomActy3Grp/Desc0The organization was awarded contracts by the Government of Guam to assess and advise on the development of an additive manufacturing sector on the island.
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