Form 990, Part VI, Section A, Line 8B
“There are no committees with authority to act on behalf of the governing body; thus there are no minutes to document.”
Scores are not available for this record yet.
Assets
Flat$1,100,789
Flat from 2014
Net Assets
Flat$281,491
Flat from 2014
Liabilities
Flat$819,298
Flat from 2014
Revenue
Flat$6,101,992
Flat from 2014
Expenses
Flat$7,267,181
Flat from 2014
Net Income
Flat-$1,165,189
Flat from 2014
To promote and carry out scientific research.
To promote and carry out scientific research in various areas of physics.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Accounts Receivable | $2,492,027 | $472,988 | ▼ $2,019,039 |
| Land, Buildings, and Equipment, Net | $540,672 | $429,105 | ▼ $111,567 |
| Cash and Non-Interest-Bearing Accounts | $228,068 | $91,063 | ▼ $137,005 |
| Prepaid Expenses and Deferred Charges | $118,522 | $16,483 | ▼ $102,039 |
| Total Assets | $3,404,350 | $1,100,789 | ▼ $2,303,561 |
| Other Assets Total | $25,061 | $91,150 | ▲ $66,089 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $1,557,670 | $499,298 | ▼ $1,058,372 |
| Unsecured Notes Loans Payable | $400,000 | $320,000 | ▼ $80,000 |
| Total Liabilities | $1,957,670 | $819,298 | ▼ $1,138,372 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $1,446,680 | $281,491 | ▼ $1,165,189 |
| Total Net Assets Fund Balance | $1,446,680 | $281,491 | ▼ $1,165,189 |
| Total Liabilities and Net Assets / Fund Balance | $3,404,350 | $1,100,789 | ▼ $2,303,561 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $396,150 | $668,247 | $1,064,397 |
| Equipment | $22,892 | $207,426 | $230,318 |
| Leasehold Improvements | $10,063 | $142,669 | $152,732 |
| Other Assets Org | $74,183 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Ronnie Mainieri | President/treasurer | FT | $388,273 | $34,224 | $422,497 |
| Thad Brown | CEO/chairman | FT | $349,114 | $24,927 | $374,041 |
| Karen T Parsons | Senior Scientist | FT | $223,926 | $7,485 | $231,411 |
| Gregory Kent Johnson | It Manager | FT | $177,226 | $12,514 | $189,740 |
| Catherine a Holland | Senior Scientist | FT | $182,693 | $4,935 | $187,628 |
| Sarah J Dimonte | Hr/contracts Mgr | FT | $153,808 | $31,335 | $185,143 |
| Haeok Skarda Lee | Senior Scientist | FT | $165,002 | $11,618 | $176,620 |
| David C Dooling | Senior Scientist | FT | $158,129 | $17,131 | $175,260 |
| David Meyer | Secretary | - | $8,872 | $88 | $8,960 |
| Name | Title |
|---|---|
| David Campbell | Board Member |
| Gary Doolen | Board Member |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Samantha Fay Ravich | Personal Services | 1321 PARK ROAD, Alexandria, VA 22312 | $107,160 |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $4,161,221 |
| Other Expenses | $3,105,960 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $1,592,472 | $363,851 | - | $1,956,323 |
| Current Officers, Directors, Trustees, and Key Employees | $934,418 | $213,498 | - | $1,147,916 |
| Other Employee Benefits | $636,830 | $144,747 | - | $781,577 |
| Occupancy | $379,937 | $89,121 | - | $469,058 |
| Payroll Taxes | $224,401 | $51,004 | - | $275,405 |
| Depreciation Depletion | $209,028 | $12,513 | - | $221,541 |
| Other Expenses | $112,030 | $6,664 | - | $118,694 |
| Information Technology | $47,012 | $10,741 | - | $57,753 |
| Travel | $20,299 | $22,154 | - | $42,453 |
| Office Expenses | $33,099 | $7,764 | - | $40,863 |
| Fees for Services Accounting | - | $38,513 | - | $38,513 |
| All Other Expenses | $26,970 | $2,547 | - | $29,517 |
| Interest | - | $12,800 | - | $12,800 |
| Conferences and Meetings | $400 | $7,273 | - | $7,673 |
| Fees for Services Legal | - | $7,119 | - | $7,119 |
| Total Functional Expenses | $6,098,105 | $1,169,076 | $0 | $7,267,181 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| - | R. Mainieri Is a Shareholder of the Corporation | Ronnie Mainieri Is the President of the Organization and a Shareholder of Permission Bit, Inc. the Permission Bit, Inc. Performed Services During the Year for the Organization as a Subcontractor. All Transactions Are at Arms Length and Fair Market Value. | No | $2,227,238 |
“There are no committees with authority to act on behalf of the governing body; thus there are no minutes to document.”
“After the 990 is prepared by the public accounting firm, a draft copy is returned to the organization for review by the accounting department and the director of business operations. Adjustments, if any, are corrected. The return is then presented to the president/treasurer and chairman/ceo of the company for final review, approval, and signature.”
“Board members are asked annually about conflict of interests. Potential conflicts are reviewed on a case by case basis and adjustments (such as resignations or reassignment) are made accordingly. In the event of a conflict during the year, the board member with the potential conflict will recuse himself/herself from the discussion and vote.”
“Annual reviews for employees are documented and are based on performance evaluations and the type of work performed. Outside factors are also considered, such as market rate for the quality of services rendered. The government audit departments constantly reviews ips' cost proposals submitted for government contract awards for reasonable pricing, which includes current salary expenses and estimated escalation rates. Acceptance of these rates represents approval from an independent source.”
“Ips does not make their governing documents, conflict of interest policy or financial statements available to the public.”
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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| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 10038426 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 8014 |
| IRS990/PYOtherExpensesAmt | 0 | 2380729 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 644707 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 7021004 |
| IRS990/PYTotalExpensesAmt | 0 | 9401733 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 10046440 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -1165189 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/RelatedOrganizationsAmt | 0 | 6054587 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 6054587 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 10038426 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 10225424 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 7404574 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 9336902 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 43059913 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 2432 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 8014 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1942 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 355 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 2970 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 15713 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.99960 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.99970 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 43059913 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 6054587 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 10038426 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 10225424 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 7404574 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 9336902 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 43059913 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 43075626 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 22892 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 207426 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 230318 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 10063 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 142669 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 152732 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 16967 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 74183 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | SECURITY DEPOSIT |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | 457B PLAN INVESTMENTS |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 396150 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 668247 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 1064397 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 429105 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 91150 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | 0 |
| IRS990ScheduleJ/ClubDuesOrFeesInd | 0 | X |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | 0 |
| IRS990ScheduleJ/CompensationSurveyInd | 0 | X |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 1 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 349114 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 1 | 388273 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 2 | 153808 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 3 | 223926 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 4 | 182693 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 5 | 177226 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 6 | 165002 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 7 | 158129 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 3 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 4 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 5 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 6 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 7 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 3 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 4 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 5 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 6 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 7 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 3 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 4 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 5 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 6 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 7 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 3 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 4 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 5 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 6 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 7 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 3 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 4 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 5 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 6 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 7 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 2574 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 1 | 2574 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 2 | 1603 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 3 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 4 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 5 | 1755 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 6 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 7 | 0 |
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Displayed year
2014 • Form 990Detailed filing. Detailed filing data is available for this year.