Civic Intelligence

Extreme Tech Challenge

990 • Fiscal year 2021 • EIN 84-1753912

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 10, 2022

Organization Profileextremetechchallenge.org
555 Bryant St Ste 419Palo Alto, CA 94301

(408) 502-6717

Siviq Scores

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

Liabilities / Assets

51st percentile

0.03x

Higher debt load relative to assets than 51% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

57th percentile

0.05x

Higher debt load relative to revenue than 57% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

4th percentile

-76%

Higher net margin than 4% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

98th percentile

$309,077

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 77.3% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

4th percentile

-30%

Faster asset growth than 4% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

7th percentile

-44%

Faster revenue growth than 7% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets51st percentile

Assets

Down

$757,069

Down $324,979 (-30%) from 2020

Net Assets

Down

$735,405

Down $327,243 (-31%) from 2020

Liabilities

Up

$21,664

Up $2,264 (+12%) from 2020

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin4th percentile

Revenue

Down

$399,967

Down $316,990 (-44%) from 2020

Expenses

Up

$702,210

Up $574,113 (+448%) from 2020

Net Income

Down

-$302,243

Down $891,103 (-151%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

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

$1.5M$1.0M$500K$0Assets 2019: $474,661Liabilities 2019: $873Net Assets 2019: $473,7882019Assets 2020: $1,082,048Liabilities 2020: $19,400Net Assets 2020: $1,062,6482020Assets 2021: $757,069Liabilities 2021: $21,664Net Assets 2021: $735,4052021Assets 2022: $508,211Liabilities 2022: $4,149Net Assets 2022: $504,0622022Assets 2023: $610,210Liabilities 2023: $23,778Net Assets 2023: $586,4322023Assets 2024: $302,284Liabilities 2024: $33,956Net Assets 2024: $268,3282024Assets 2025: $278,947Liabilities 2025: $8,879Net Assets 2025: $270,0682025

Highlighted filing

2021

Assets$757,069
Liabilities$21,664
Net Assets$735,405
Open 2021 Filing

Operations Trend

Revenue Growth7th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2019: $499,982Expenses 2019: $26,194Net Income 2019: $473,7882019Revenue 2020: $716,957Expenses 2020: $128,097Net Income 2020: $588,8602020Revenue 2021: $399,967Expenses 2021: $702,210Net Income 2021: -$302,2432021Revenue 2022: $546,934Expenses 2022: $778,277Net Income 2022: -$231,3432022Revenue 2023: $956,038Expenses 2023: $873,668Net Income 2023: $82,3702023Revenue 2024: $768,566Expenses 2024: $1,086,670Net Income 2024: -$318,1042024Revenue 2025: $621,767Expenses 2025: $620,027Net Income 2025: $1,7402025

Highlighted filing

2021

Revenue$399,967
Expenses$702,210
Net Income-$302,243
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 10, 2022
Return Version
2021v4.0
Gross Receipts
$399,967
Mission and Program Overview

Mission

The extreme tech challengesm (xtc) is a 501(c)(3) nonprofit devoted to elevating the next-generation of entrepreneurs creating new technologies and innovations to benefit humankind. Xtc supports and showcases the innovators harnessing the power of technology to address the greatest challenges facing humanity and our planet.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$957,066$755,630▼ $201,436
Accounts Receivable$124,982--
Land, Buildings, and Equipment, Net-$979-
Prepaid Expenses and Deferred Charges-$460-
Total Assets$1,082,048$757,069▼ $324,979
Liabilities
Accounts Payable and Accrued Expenses$19,400$21,664▲ $2,264
Total Liabilities$19,400$21,664▲ $2,264
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,062,648$735,405▼ $327,243
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$1,062,648$735,405▼ $327,243
Total Liabilities and Net Assets / Fund Balance$1,082,048$757,069▼ $324,979

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$979$327$1,306
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Leasehold Improvements$0$0$0
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Victoria SlivkoffExecutive Managing DirectorFT$250,000$59,077$309,077

Board Members and Trustees

NameTitle
Young SohnChairman of the Board and President
Catherine BischoffBoard Member
Lars RegerBoard Member
William TaiBoard Member and CFO
John ParkSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$399,967
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$399,967
Change in Net Assets
$-302,243
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$378,975
Salaries, Compensation, and Employee Benefits$323,235
Total Fundraising Expense$96,971
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$188,537$27,817$92,723$309,077
Fees for Services Other$183,045$46,321-$229,366
Other Expenses$93,120$1,000$0$94,120
Payroll Taxes$8,636$1,274$4,248$14,158
Travel$14,138--$14,138
Office Expenses$7,533$4,912-$12,445
Advertising$11,691$57-$11,748
Fees for Services Accounting-$10,335-$10,335
Information Technology$3,050$2,237-$5,287
Insurance-$1,209-$1,209
Depreciation Depletion-$327-$327
Total Functional Expenses$509,750$95,489$96,971$702,210
International Activity

International Summary

Offices
0
Employees
0
Spending
$0

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
Europe (including Iceland and Greenland)FundraisingSponsorship--$0
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
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
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

“We do not have a specific process in place. However, in general it will be reviewed by the managing director and other members of the core xtc volunteer team. Once we are satisfied, the completed tax form will be sent to the president and cfo for final review and approval.”

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

“Directors and officers of xtc are required to sign the xtc conflict of interest policy and acknowledge annually. The current directors and officers initially signed the conflict of interest policy for xtc in january of 2020. Xtc intends to have any new officers and directors enter into the conflict of interest policy upon becoming an officer or director, and then will send out acknowledgements annually. To date, there have not been any business transactions that would constitute a conflict of interest. If a situation comes up that may be a conflict of interest, xtc will abide by the policy, and contact its attorneys for additional guidance if necessary.”

Form 990, Part VI, Section C, Line 19

“Governing and financial documents are made available upon reasonable request.”

Filing and Contact Details

Filer

Filer Name
Extreme Tech Challenge
EIN
84-1753912
Phone
4085026717
Address
555 BRYANT ST STE 419, PALO ALTO, CA 94301

Signing Officer

Name
William Tai
Title
Chief Financial Officer
Phone
4085026717
Signed
2022-06-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Young Sohn
Formed
2019
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
4
Employees
1
Volunteers
75

Preparer

Firm
Easy Office Dba Jitasa
Address
1750 W FRONT STREET SUITE 200, BOISE, ID 83702
Preparer
Jeremy Cork
Phone
2082874777
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Other fees include contractors and sponsorships.”

Raw XML AppendixShowing 400 of 426 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/BOYAmt019400
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt021664
IRS990/AccountsReceivableGrp/BOYAmt0124982
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE EXTREME TECH CHALLENGESM (XTC) IS A 501(C)(3) NONPROFIT DEVOTED TO ELEVATING THE NEXT-GENERATION OF ENTREPRENEURS CREATING NEW TECHNOLOGIES AND INNOVATIONS TO BENEFIT HUMANKIND. XTC SUPPORTS AND SHOWCASES THE INNOVATORS HARNESSING THE POWER OF TECHNOLOGY TO ADDRESS THE GREATEST CHALLENGES FACING HUMANITY AND OUR PLANET.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt057
IRS990/AdvertisingGrp/ProgramServicesAmt011691
IRS990/AdvertisingGrp/TotalAmt011748
IRS990/AllOtherContributionsAmt0399967
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0EASY OFFICE DBA JITASA
IRS990/BooksInCareOfDetail/PhoneNum02082874777
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01750 W FRONT STREET SUITE 200
IRS990/BooksInCareOfDetail/USAddress/CityNm0BOISE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ID
IRS990/BooksInCareOfDetail/USAddress/ZIPCd083702
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0957066
IRS990/CashNonInterestBearingGrp/EOYAmt0755630
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt092723
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt027817
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0188537
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0309077
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0399967
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0378975
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-302243
IRS990/CYSalariesCompEmpBnftPaidAmt0323235
IRS990/CYTotalExpensesAmt0702210
IRS990/CYTotalFundraisingExpenseAmt096971
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0399967
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0327
IRS990/DepreciationDepletionGrp/TotalAmt0327
IRS990/Desc0EXTREME TECH CHALLENGE STARTUP COMPETITION - A STARTUP COMPETITION FOR ENTREPRENEURS ADDRESSING GLOBAL CHALLENGES. THE COMPETITION DRAWS FROM THE UNITED NATIONS SUSTAINABLE DEVELOPMENT GOALS AND CONNECTS INNOVATORS WITH A NETWORK OF INVESTORS, CORPORATIONS, AND MENTORS TO HELP THEM RAISE CAPITAL, LAUNCH CORPORATE COLLABORATIONS, AND SCALE THEIR WORLD-CHANGING STARTUPS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt00
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0509750
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FederatedCampaignsAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt010335
IRS990/FeesForServicesAccountingGrp/TotalAmt010335
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt046321
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0183045
IRS990/FeesForServicesOtherGrp/TotalAmt0229366
IRS990/ForeignActivitiesInd01
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form1098CFiledInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form8899Filedind00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt210
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt34
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt44
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52
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/PersonNm0VICTORIA SLIVKOFF
IRS990/Form990PartVIISectionAGrp/PersonNm1YOUNG SOHN
IRS990/Form990PartVIISectionAGrp/PersonNm2WILLIAM TAI
IRS990/Form990PartVIISectionAGrp/PersonNm3LARS REGER
IRS990/Form990PartVIISectionAGrp/PersonNm4CATHERINE BISCHOFF
IRS990/Form990PartVIISectionAGrp/PersonNm5JOHN PARK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0309077
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
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/TitleTxt0EXECUTIVE MANAGING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN OF THE BOARD AND PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER AND CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02019
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GovernmentGrantsAmt00
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0399967
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02237
IRS990/InformationTechnologyGrp/ProgramServicesAmt03050
IRS990/InformationTechnologyGrp/TotalAmt05287
IRS990/InsuranceGrp/ManagementAndGeneralAmt01209
IRS990/InsuranceGrp/TotalAmt01209
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0327
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0979
IRS990/LandBldgEquipCostOrOtherBssAmt01306
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE EXTREME TECH CHALLENGESM (XTC) IS A 501(C)(3) NONPROFIT DEVOTED TO ELEVATING THE NEXT-GENERATION OF ENTREPRENEURS CREATING NEW TECHNOLOGIES AND INNOVATIONS TO BENEFIT HUMANKIND. XTC SUPPORTS AND SHOWCASES THE INNOVATORS HARNESSING THE POWER OF TECHNOLOGY TO ADDRESS THE GREATEST CHALLENGES FACING HUMANITY AND OUR PLANET.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01062648
IRS990/NetAssetsOrFundBalancesEOYAmt0735405
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01062648
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0735405
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04912
IRS990/OfficeExpensesGrp/ProgramServicesAmt07533
IRS990/OfficeExpensesGrp/TotalAmt012445
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PROGRAM RELATED EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01000
IRS990/OtherExpensesGrp/ProgramServicesAmt093120
IRS990/OtherExpensesGrp/TotalAmt094120
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt04248
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01274
IRS990/PayrollTaxesGrp/ProgramServicesAmt08636
IRS990/PayrollTaxesGrp/TotalAmt014158
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0460
IRS990/PrincipalOfficerNm0YOUNG SOHN
IRS990/PriorPeriodAdjustmentsAmt0-25000
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0716957
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0128097
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0588860
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0128097
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0716957
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-302243
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0399967
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0716957
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0499982
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01616906
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0804101
IRS990ScheduleA/SubstantialContributorsTotAmt0812805
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0399967
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0716957
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0499982
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01616906
IRS990ScheduleA/TotalSupportAmt01616906
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
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0979
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0327
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01306
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0979
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Europe (including Iceland and Greenland)
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0SPONSORSHIP
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Fundraising
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt00
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0250000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount034077
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt025000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0VICTORIA SLIVKOFF
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE MANAGING DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0309077
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WE DO NOT HAVE A SPECIFIC PROCESS IN PLACE. HOWEVER, IN GENERAL IT WILL BE REVIEWED BY THE MANAGING DIRECTOR AND OTHER MEMBERS OF THE CORE XTC VOLUNTEER TEAM. ONCE WE ARE SATISFIED, THE COMPLETED TAX FORM WILL BE SENT TO THE PRESIDENT AND CFO FOR FINAL REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DIRECTORS AND OFFICERS OF XTC ARE REQUIRED TO SIGN THE XTC CONFLICT OF INTEREST POLICY AND ACKNOWLEDGE ANNUALLY. THE CURRENT DIRECTORS AND OFFICERS INITIALLY SIGNED THE CONFLICT OF INTEREST POLICY FOR XTC IN JANUARY OF 2020. XTC INTENDS TO HAVE ANY NEW OFFICERS AND DIRECTORS ENTER INTO THE CONFLICT OF INTEREST POLICY UPON BECOMING AN OFFICER OR DIRECTOR, AND THEN WILL SEND OUT ACKNOWLEDGEMENTS ANNUALLY. TO DATE, THERE HAVE NOT BEEN ANY BUSINESS TRANSACTIONS THAT WOULD CONSTITUTE A CONFLICT OF INTEREST. IF A SITUATION COMES UP THAT MAY BE A CONFLICT OF INTEREST, XTC WILL ABIDE BY THE POLICY, AND CONTACT ITS ATTORNEYS FOR ADDITIONAL GUIDANCE IF NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING AND FINANCIAL DOCUMENTS ARE MADE AVAILABLE UPON REASONABLE REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OTHER FEES INCLUDE CONTRACTORS AND SPONSORSHIPS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 11g
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01082048
IRS990/TotalAssetsEOYAmt0757069
IRS990/TotalAssetsGrp/BOYAmt01082048
IRS990/TotalAssetsGrp/EOYAmt0757069
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt0399967
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt096971
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt095489
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0509750
IRS990/TotalFunctionalExpensesGrp/TotalAmt0702210
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt019400
IRS990/TotalLiabilitiesEOYAmt021664
IRS990/TotalLiabilitiesGrp/BOYAmt019400
IRS990/TotalLiabilitiesGrp/EOYAmt021664
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01062648
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0735405
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0509750
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt0309077
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0399967
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt075
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01082048
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0757069
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt014138
IRS990/TravelGrp/TotalAmt014138
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0555 BRYANT ST STE 419
IRS990/USAddress/CityNm0PALO ALTO
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd094301
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0https://extremetechchallenge.org/
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$757,069
Liabilities
$21,664
Net assets
$735,405
Revenue
$399,967
Expenses
$702,210
Net income
-$302,243
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.28$0.01$0.27$0.62$0.62$0.00
2024Detailed filing. Detailed filing data is available for this year.$0.30$0.03$0.27$0.77$1.09$0.32
2023Detailed filing. Detailed filing data is available for this year.$0.61$0.02$0.59$0.96$0.87$0.08
2022Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.50$0.55$0.78$0.23
2021Detailed filing. Detailed filing data is available for this year.$0.76$0.02$0.74$0.40$0.70$0.30
2020Detailed filing. Detailed filing data is available for this year.$1.08$0.02$1.06$0.72$0.13$0.59
2019Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$0.50$0.03$0.47