Civic Intelligence

High Altitude Platform Station Alliance Inc

990 • Fiscal year 2021 • EIN 85-0677780

Jan 01, 2021 to Dec 31, 2021 • Filed on Feb 13, 2023

Organization ProfileHAPSALLIANCE.ORG
401 Edgewater Place 600Wakefield, MA 01880

(781) 246-0500

Siviq Scores

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

Liabilities / Assets

94th percentile

0.73x

Higher debt load relative to assets than 94% of similar nonprofits.

2021 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

94th percentile

0.88x

Higher debt load relative to revenue than 94% of similar nonprofits.

2021 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2021

Net Margin

72nd percentile

21%

Higher net margin than 72% of similar nonprofits.

2021 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

46th percentile

$0

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Balance Sheet
Liabilities / Assets94th percentile

Assets

$510,855

No earlier filing loaded for comparison.

Net Assets

$138,651

No earlier filing loaded for comparison.

Liabilities

$372,204

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin72nd percentile

Revenue

$423,770

No earlier filing loaded for comparison.

Expenses

$334,221

No earlier filing loaded for comparison.

Net Income

$89,549

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$600K$400K$200K$0-$200KAssets 2021: $510,855Liabilities 2021: $372,204Net Assets 2021: $138,6512021Assets 2022: $569,002Liabilities 2022: $376,727Net Assets 2022: $192,2752022Assets 2023: $527,915Liabilities 2023: $390,891Net Assets 2023: $137,0242023Assets 2024: $220,689Liabilities 2024: $244,136Net Assets 2024: -$23,4472024

Highlighted filing

2021

Assets$510,855
Liabilities$372,204
Net Assets$138,651
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$600K$400K$200K$0-$200KRevenue 2021: $423,770Expenses 2021: $334,221Net Income 2021: $89,5492021Revenue 2022: $497,444Expenses 2022: $443,820Net Income 2022: $53,6242022Revenue 2023: $458,667Expenses 2023: $513,918Net Income 2023: -$55,2512023Revenue 2024: $275,125Expenses 2024: $435,596Net Income 2024: -$160,4712024

Highlighted filing

2021

Revenue$423,770
Expenses$334,221
Net Income$89,549
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Feb 13, 2023
Return Version
2021v4.2
Gross Receipts
$423,770
Mission and Program Overview

Mission

The mission of the haps alliance is to unite companies from telecommunications, technology, aviation and aerospace industries to eliminate the digital divide and bring connectivity to more people, places and things worldwide by accelerating the promotion of high altitude platform stations (haps) in the stratosphere. Alliance members collectively advocate the advantages of haps with relevant authorities in various countries, build a cooperative haps ecosystem, develop common product specifications and promote the standardization of haps network interoperability. The haps alliance's ultimate goals are to accelerate the commercial adoption of haps technologies and build a robust haps ecosystem.

The haps alliance will encourage collaboration among players in this array of industries. Their objective: to research, develop, and launch a robust, interoperable ecosystem of haps technologies to benefit people and industries globally.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$141,844$299,756▲ $157,912
Accounts Receivable$70,000$211,000▲ $141,000
Prepaid Expenses and Deferred Charges$2,068$99▼ $1,969
Total Assets$213,912$510,855▲ $296,943
Liabilities
Deferred Revenue$143,881$337,778▲ $193,897
Accounts Payable and Accrued Expenses$20,929$26,926▲ $5,997
Other Liabilities$0$7,500▲ $7,500
Total Liabilities$164,810$372,204▲ $207,394
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$49,102$138,651▲ $89,549
Total Net Assets Fund Balance$49,102$138,651▲ $89,549
Total Liabilities and Net Assets / Fund Balance$213,912$510,855▲ $296,943
Compensation and Service Providers
Top Officer Pay46th percentile

Board Members and Trustees

NameTitle
Ken RiordanPresident
Fatema HamdaniDirector
Jim NelsonDirector
Michael CrossDirector
Per BemingDirector
Petr LedlDirector
Rory J MulveyDirector
Ryuji WakikawaDirector
Roser Roca-tohaSecretary
Gregory EwertTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Virtual INCAssociation Management Services401 EDGEWATER PL STE 600, Wakefield, MA 01880$289,757
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$423,770
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$89,549
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$334,221
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management---$142,262
Advertising---$101,966
Fees for Services Accounting---$31,200
Information Technology---$25,239
Conferences and Meetings---$15,335
Other Expenses---$9,167
Fees for Services Legal---$4,560
Office Expenses---$4,492
Total Functional Expenses$0$0$0$334,221
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refunds Payable$7,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The organization has three classes of members: executive members, principal members, and general members.”

Form 990, Part VI, Section A, Line 7A

“General members and principal members may nominate individuals for election as a director. Principal members are allowed to vote for elected directors. Executive members are able to appoint one director.”

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

“The form 990 is reviewed by the board of directors prior to filing with the irs.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
High Altitude Platform Station
EIN
85-0677780
Phone
7812460500
Address
401 EDGEWATER PLACE 600, WAKEFIELD, MA 01880

Signing Officer

Name
Gregory Ewert
Title
Vice President/treasurer
Phone
7812460500
Signed
2023-02-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gregory Ewert
Formed
2020
Legal Domicile
De
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
10

Preparer

Firm
Wegner Cpas Llp
Address
419 N LEE ST, ALEXANDRIA, VA 22314-2301
Preparer
Glenn Miller CPA
Phone
7035190990
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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/MissionDesc0THE MISSION OF THE HAPS ALLIANCE IS TO UNITE COMPANIES FROM TELECOMMUNICATIONS, TECHNOLOGY, AVIATION AND AEROSPACE INDUSTRIES TO ELIMINATE THE DIGITAL DIVIDE AND BRING CONNECTIVITY TO MORE PEOPLE, PLACES AND THINGS WORLDWIDE BY ACCELERATING THE PROMOTION OF HIGH ALTITUDE PLATFORM STATIONS (HAPS) IN THE STRATOSPHERE. ALLIANCE MEMBERS COLLECTIVELY ADVOCATE THE ADVANTAGES OF HAPS WITH RELEVANT AUTHORITIES IN VARIOUS COUNTRIES, BUILD A COOPERATIVE HAPS ECOSYSTEM, DEVELOP COMMON PRODUCT SPECIFICATIONS AND PROMOTE THE STANDARDIZATION OF HAPS NETWORK INTEROPERABILITY. THE HAPS ALLIANCE'S ULTIMATE GOALS ARE TO ACCELERATE THE COMMERCIAL ADOPTION OF HAPS TECHNOLOGIES AND BUILD A ROBUST HAPS ECOSYSTEM.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GENERAL MEMBERS AND PRINCIPAL MEMBERS MAY NOMINATE INDIVIDUALS FOR ELECTION AS A DIRECTOR. PRINCIPAL MEMBERS ARE ALLOWED TO VOTE FOR ELECTED DIRECTORS. EXECUTIVE MEMBERS ARE ABLE TO APPOINT ONE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
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IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0213912
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0510855
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0401 EDGEWATER PLACE 600
IRS990/USAddress/CityNm0WAKEFIELD
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001880
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0HAPSALLIANCE.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-03-07 01:45:13Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GREGORY EWERT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07812460500
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-02-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HIGH ALTITUDE PLATFORM STATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ALLIANCE INC
ReturnHeader/Filer/BusinessNameControlTxt0HIGH
ReturnHeader/Filer/EIN0850677780
ReturnHeader/Filer/PhoneNum07812460500
ReturnHeader/Filer/USAddress/AddressLine1Txt0401 EDGEWATER PLACE 600
ReturnHeader/Filer/USAddress/CityNm0WAKEFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001880
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0390974031
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WEGNER CPAS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0419 N LEE ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ALEXANDRIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0223142301
ReturnHeader/PreparerPersonGrp/PhoneNum07035190990
ReturnHeader/PreparerPersonGrp/PreparationDt02023-02-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GLENN MILLER CPA
ReturnHeader/ReturnTs02023-02-13T16:46:29-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0GREGORY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0EWERT
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$510,855
Liabilities
$372,204
Net assets
$138,651
Revenue
$423,770
Expenses
$334,221
Net income
$89,549
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.21$2.44$0.23$2.75$4.36$1.60
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.28$3.91$1.37$4.59$5.14$0.55
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.69$3.77$1.92$4.97$4.44$0.54
2021Detailed filing. Detailed filing data is available for this year.$5.11$3.72$1.39$4.24$3.34$0.90