Civic Intelligence

Unitary Fund

990 • Fiscal year 2023 • EIN 83-1592799

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 04, 2024

Organization ProfileUNITARY.FUND
315 Montgomery St 10th FloorSan Francisco, CA 94104

(415) 429-0950

Siviq Scores

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

Liabilities / Assets

75th percentile

0.31x

Higher debt load relative to assets than 75% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

58th percentile

0.14x

Higher debt load relative to revenue than 58% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

57th percentile

7.5%

Higher net margin than 57% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

86th percentile

$167,157

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 11.2% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

79th percentile

24%

Faster asset growth than 79% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

89th percentile

79%

Faster revenue growth than 89% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets75th percentile

Assets

Up

$665,810

Up $129,397 (+24%) from 2022

Net Assets

Up

$459,047

Up $112,120 (+32%) from 2022

Liabilities

Up

$206,763

Up $17,277 (+9.1%) from 2022

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin57th percentile

Revenue

Up

$1,496,005

Up $660,794 (+79%) from 2022

Expenses

Up

$1,383,885

Up $480,200 (+53%) from 2022

Net Income

Up

$112,120

Up $180,594 (+264%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

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

$800K$600K$400K$200K$0Assets 2019: $270,779Liabilities 2019: $229,100Net Assets 2019: $41,6792019Assets 2020: $377,078Liabilities 2020: $243,690Net Assets 2020: $133,3882020Assets 2021: $608,944Liabilities 2021: $193,543Net Assets 2021: $415,4012021Assets 2022: $536,413Liabilities 2022: $189,486Net Assets 2022: $346,9272022Assets 2023: $665,810Liabilities 2023: $206,763Net Assets 2023: $459,0472023Assets 2024: $786,032Liabilities 2024: $156,636Net Assets 2024: $629,3962024

Highlighted filing

2023

Assets$665,810
Liabilities$206,763
Net Assets$459,047
Open 2023 Filing

Operations Trend

Revenue Growth89th percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2019: $95,802Expenses 2019: $54,123Net Income 2019: $41,6792019Revenue 2020: $518,958Expenses 2020: $427,249Net Income 2020: $91,7092020Revenue 2021: $1,005,122Expenses 2021: $723,109Net Income 2021: $282,0132021Revenue 2022: $835,211Expenses 2022: $903,685Net Income 2022: -$68,4742022Revenue 2023: $1,496,005Expenses 2023: $1,383,885Net Income 2023: $112,1202023Revenue 2024: $1,999,482Expenses 2024: $1,829,133Net Income 2024: $170,3492024

Highlighted filing

2023

Revenue$1,496,005
Expenses$1,383,885
Net Income$112,120
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 4, 2024
Return Version
2023v5.1
Gross Receipts
$1,496,005
Mission and Program Overview

Mission

Unitary fund is a 501(c)(3) non-profit whose mission is to create a quantum technology ecosystem that benefits the most people. We believe that expanding the pool of people working on quantum technologies is a way to ensure that the benefits of these tools are widely, swiftly, and equitably distributed.today, we primarily use two major programs to pursue this mission. Through unitary labs we work on in-house projects that help the ecosystem as a whole. Through our microgrant program, we fund an inclusive community of explorers across the world to work on quantum technologies.

Creating a quantum technology ecosystem that benefits most people.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$530,003$496,166▼ $33,837
Pledges and Grants Receivable-$161,747-
Prepaid Expenses and Deferred Charges$6,410$7,897▲ $1,487
Total Assets$536,413$665,810▲ $129,397
Liabilities
Deferred Revenue$183,280$183,280→ $0
Accounts Payable and Accrued Expenses$6,206$23,483▲ $17,277
Total Liabilities$189,486$206,763▲ $17,277
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$103,297$322,900▲ $219,603
Net Assets With Donor Restrictions$243,630$136,147▼ $107,483
Total Net Assets Fund Balance$346,927$459,047▲ $112,120
Total Liabilities and Net Assets / Fund Balance$536,413$665,810▲ $129,397
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nathan ShammahCTOFT$167,157$167,157$167,157
William ZengPresidentPT$161,423-$161,423

Board Members and Trustees

NameTitle
Anastasia GamickBoard Member
Elizabeth DurstBoard Member
Travis ScholtenSecretary
Christophe JurczakTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,495,193
Program Service Revenue
$0
Investment Income
$812
Other Revenue
$0
All Other Contributions
$1,222,187
Change in Net Assets
$112,120
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$859,789
Other Expenses$433,993
Grants and Similar Amounts Paid$90,103
Total Fundraising Expense$64,688
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$388,891$45,752$22,876$457,519
Current Officers, Directors, Trustees, and Key Employees$279,293$32,858$16,429$328,580
Fees for Services Other$171,921$20,226$10,113$202,260
Travel$63,970$7,526$3,763$75,259
Payroll Taxes$41,794$4,917$2,458$49,169
Conferences and Meetings$38,642$4,546$2,273$45,461
Foreign Grants$45,069--$45,069
Advertising$35,078$4,127$2,063$41,268
Grants to Domestic Individuals$41,034--$41,034
Fees for Services Accounting$22,267$2,620$1,310$26,197
Other Employee Benefits$20,843$2,452$1,226$24,521
All Other Expenses$13,039$1,534$767$15,340
Information Technology$12,616$1,484$742$14,842
Insurance$5,339$628$314$6,281
Other Expenses$3,686$434$217$4,337
Grants to Domestic Orgs$4,000--$4,000
Occupancy$1,533$180$90$1,803
Office Expenses$561$66$33$660
Fees for Services Legal$242$29$14$285
Total Functional Expenses$1,189,818$129,379$64,688$1,383,885
International Activity

International Summary

Offices
0
Employees
0
Spending
$0

International Compliance

Foreign grant records maintained
No
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
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
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The draft 990 is circulated to the governing board for aproval before filing.”

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

“To ensure the organization operates in a matter consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews are conducted.”

Form 990, Part VI, Section C, Line 19

“Governing documents, and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Unitary Fund
EIN
83-1592799
Phone
4154290950
Address
315 MONTGOMERY ST 10TH FLOOR, SAN FRANCISCO, CA 94104

Signing Officer

Name
William Zeng
Title
President
Phone
4154290950
Signed
2024-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Zeng
Formed
2018
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
6
Employees
7
Volunteers
64

Preparer

Firm
Alegria & Company Ps
Address
210 CHARDONNAY AVE SUITE D, PROSSER, WA 99350
Preparer
Brian Newhouse
Phone
5097862404
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Direct labor costs: program service expenses 171,921. Management and general expenses 20,226. Fundraising expenses 10,113. Total expenses 202,260.”

Raw XML AppendixShowing 400 of 492 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt06206
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt023483
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0CREATING A QUANTUM TECHNOLOGY ECOSYSTEM THAT BENEFITS MOST PEOPLE.
IRS990/AdvertisingGrp/FundraisingAmt02063
IRS990/AdvertisingGrp/ManagementAndGeneralAmt04127
IRS990/AdvertisingGrp/ProgramServicesAmt035078
IRS990/AdvertisingGrp/TotalAmt041268
IRS990/AllOtherContributionsAmt01222187
IRS990/AllOtherExpensesGrp/FundraisingAmt0767
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01534
IRS990/AllOtherExpensesGrp/ProgramServicesAmt013039
IRS990/AllOtherExpensesGrp/TotalAmt015340
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/PersonNm0WILLIAM ZENG
IRS990/BooksInCareOfDetail/PhoneNum04154290950
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0315 MONTGOMERY ST 10TH FLOOR
IRS990/BooksInCareOfDetail/USAddress/CityNm0SAN FRANSISCO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd094104
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0530003
IRS990/CashNonInterestBearingGrp/EOYAmt0496166
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt016429
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt032858
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0279293
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0328580
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/FundraisingAmt02273
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt04546
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt038642
IRS990/ConferencesMeetingsGrp/TotalAmt045461
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01495193
IRS990/CYGrantsAndSimilarPaidAmt090103
IRS990/CYInvestmentIncomeAmt0812
IRS990/CYOtherExpensesAmt0433993
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0112120
IRS990/CYSalariesCompEmpBnftPaidAmt0859789
IRS990/CYTotalExpensesAmt01383885
IRS990/CYTotalFundraisingExpenseAmt064688
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01496005
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0183280
IRS990/DeferredRevenueGrp/EOYAmt0183280
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0UNITARY FUND AWARDED MICROGRANTS TO INDIVIDUALS & ORGANIZATIONS CONSISTING OF APPROXIMATELY 20 TEAMS/INDIVIDUALS PER YEAR. THE GRANT APPLICATIONS ARE REVIEWED BY AN OUTSIDE ADVISORY BOARD CONSISTING OF 15 VOLUNTEERS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0243630
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0136147
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt07
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0229712
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/FundraisingAmt01310
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02620
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt022267
IRS990/FeesForServicesAccountingGrp/TotalAmt026197
IRS990/FeesForServicesLegalGrp/FundraisingAmt014
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt029
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0242
IRS990/FeesForServicesLegalGrp/TotalAmt0285
IRS990/FeesForServicesOtherGrp/FundraisingAmt010113
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt020226
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0171921
IRS990/FeesForServicesOtherGrp/TotalAmt0202260
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignGrantsGrp/ProgramServicesAmt045069
IRS990/ForeignGrantsGrp/TotalAmt045069
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt020.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0WILLIAM ZENG
IRS990/Form990PartVIISectionAGrp/PersonNm1NATHAN SHAMMAH
IRS990/Form990PartVIISectionAGrp/PersonNm2TRAVIS SCHOLTEN
IRS990/Form990PartVIISectionAGrp/PersonNm3CHRISTOPHE JURCZAK
IRS990/Form990PartVIISectionAGrp/PersonNm4ANASTASIA GAMICK
IRS990/Form990PartVIISectionAGrp/PersonNm5ELIZABETH DURST
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0161423
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1167157
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1CTO
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02018
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt0273006
IRS990/GrantAmt090103
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt041034
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt041034
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt04000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt04000
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01496005
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0742
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01484
IRS990/InformationTechnologyGrp/ProgramServicesAmt012616
IRS990/InformationTechnologyGrp/TotalAmt014842
IRS990/InsuranceGrp/FundraisingAmt0314
IRS990/InsuranceGrp/ManagementAndGeneralAmt0628
IRS990/InsuranceGrp/ProgramServicesAmt05339
IRS990/InsuranceGrp/TotalAmt06281
IRS990/InvestmentIncomeGrp/ExclusionAmt0812
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0812
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO CREATE A QUANTUM TECHNOLOGY ECOSYSTEM THAT BENEFITS THE MOST PEOPLE. WE BELIEVE THAT EXPANDING THE POOL OF PEOPLE WORKING ON QUANTUM TECHNOLOGIES IS A WAY TO ENSURE THAT THE BENEFITS OF THESE TOOLS ARE WIDELY, SWIFTLY, AND EQUITABLY DISTRIBUTED.TODAY, WE PRIMARILY USE TWO MAJOR PROGRAMS TO PURSUE THIS MISSION. THROUGH UNITARY LABS WE WORK ON IN-HOUSE PROJECTS THAT HELP THE ECOSYSTEM AS A WHOLE. THROUGH OUR MICROGRANT PROGRAM, WE FUND AN INCLUSIVE COMMUNITY OF EXPLORERS ACROSS THE WORLD TO WORK ON QUANTUM TECHNOLOGIES.
IRS990/MoreThan5000KToIndividualsInd01
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0346927
IRS990/NetAssetsOrFundBalancesEOYAmt0459047
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0103297
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0322900
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt090
IRS990/OccupancyGrp/ManagementAndGeneralAmt0180
IRS990/OccupancyGrp/ProgramServicesAmt01533
IRS990/OccupancyGrp/TotalAmt01803
IRS990/OfficeExpensesGrp/FundraisingAmt033
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt066
IRS990/OfficeExpensesGrp/ProgramServicesAmt0561
IRS990/OfficeExpensesGrp/TotalAmt0660
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01226
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02452
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt020843
IRS990/OtherEmployeeBenefitsGrp/TotalAmt024521
IRS990/OtherExpensesGrp/Desc0FEES
IRS990/OtherExpensesGrp/FundraisingAmt0217
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0434
IRS990/OtherExpensesGrp/ProgramServicesAmt03686
IRS990/OtherExpensesGrp/TotalAmt04337
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt022876
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt045752
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0388891
IRS990/OtherSalariesAndWagesGrp/TotalAmt0457519
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02458
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04917
IRS990/PayrollTaxesGrp/ProgramServicesAmt041794
IRS990/PayrollTaxesGrp/TotalAmt049169
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0161747
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06410
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07897
IRS990/PrincipalOfficerNm0WILLIAM ZENG
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0UNITARY FUND DEVELOPED MITIQ, AN OPEN SOURCE QUANTUM TOOLKIT TO MITIGATE ERRORS ON CURRENT NOISY QUANTUM COMPUTERS. MITIQ IS THE FIRST TOOLKIT OF ITS KIND AND HAS BEEN CITED NUMEROUS TIMES IN ACADEMIC RESEARCH PAPERS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0395599
IRS990/ProgSrvcAccomActy3Grp/Desc0UNITARY FUND DEVELOPED METRIQ, A FREE COMMUNITY PLATFORM TO BENCHMARK CURRENT QUANTUM COMPUTERS, AND TO SHARE THE LATEST RESEARCH ACHIEVEMENTS IN THE FIELD.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0273010
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER PROGRAM SERVICES INCLUDED Q4BIO, A NEW PROJECT STARTED IN 2023, AS WELL AS COMMUNITY PROGRAMS, WHICH COMPRISE OF SMALLER, MISSION ALIGNED PROGRAMS OCCURING THROUGHOUT THE YEAR.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0291497
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0835164
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt063814
IRS990/PYInvestmentIncomeAmt047
IRS990/PYOtherExpensesAmt0272506
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-68474
IRS990/PYSalariesCompEmpBnftPaidAmt0567365
IRS990/PYTotalExpensesAmt0903685
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0835211
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0112120
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01495193
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0835165
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01005081
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0510951
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt049982
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03896372
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0812
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt047
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt041
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt027
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0927
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt07980
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99980
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt03896372
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01495193
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0835165
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01005081
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0510951
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt049982
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03896372
IRS990ScheduleA/TotalSupportAmt03897299
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt05958
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt127550
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt26938
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt31976
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt4660
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt0ACH/PAYPAL
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt1ACH/PAYPAL
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt2ACH/PAYPAL
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt3ACH/PAYPAL
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt4ACH/PAYPAL
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt03
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt129
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt29
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt31
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt43
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt0NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt1EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt2SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL,
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt3MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT,
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt4EAST ASIA AND THE PACIFIC
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt0MICROGRANT/HACKATHON AWARD
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt1MICROGRANT/HACKATHON AWARD
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt2MICROGRANT/HACKATHON AWARD
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt3MICROGRANT/HACKATHON AWARD
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt4MICROGRANT/HACKATHON AWARD
IRS990ScheduleF/ForeignIndividualsGrantsGrp/ValuationMethodUsedDesc0FAIR MARKET VALUE
IRS990ScheduleF/ForeignIndividualsGrantsGrp/ValuationMethodUsedDesc1FAIR MARKET VALUE
IRS990ScheduleF/ForeignIndividualsGrantsGrp/ValuationMethodUsedDesc2FAIR MARKET VALUE
IRS990ScheduleF/ForeignIndividualsGrantsGrp/ValuationMethodUsedDesc3FAIR MARKET VALUE
IRS990ScheduleF/ForeignIndividualsGrantsGrp/ValuationMethodUsedDesc4FAIR MARKET VALUE
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt00
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt00
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt034604
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt16430
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0MICROGRANT
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1HACKATHON AWARD
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt016
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt135
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FAIR MARKET VALUE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc1FAIR MARKET VALUE
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ADVISORY BOARD HELPS REVIEW AND APPROVE APPLICATIONS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1161423
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
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/OtherCompensationFilingOrgAmt0167157
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0NATHAN SHAMMAH
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1WILLIAM ZENG
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CTO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0167157
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1161423
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE DRAFT 990 IS CIRCULATED TO THE GOVERNING BOARD FOR APROVAL BEFORE FILING.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$665,810
Liabilities
$206,763
Net assets
$459,047
Revenue
$1,496,005
Expenses
$1,383,885
Net income
$112,120
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.79$0.16$0.63$2.00$1.83$0.17
2023Detailed filing. Detailed filing data is available for this year.$0.67$0.21$0.46$1.50$1.38$0.11
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.54$0.19$0.35$0.84$0.90$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.19$0.42$1.01$0.72$0.28
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$0.24$0.13$0.52$0.43$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.27$0.23$0.04$0.10$0.05$0.04