Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
990 • Fiscal year 2011 • EIN 87-0680932
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
47th percentile
Faster asset growth than 47% of similar nonprofits.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Assets
Down$299,728
Down $87 (-0.0%) from 2010
Net Assets
Down$164,050
Down $58,714 (-26%) from 2010
Liabilities
Up$135,678
Up $58,627 (+76%) from 2010
Revenue
-
No earlier filing loaded for comparison.
Expenses
Down$476,828
Down $74,977 (-14%) from 2010
Net Income
-
No earlier filing loaded for comparison.
The organization's purpose is to mirror private sector venture capital firms, provide a real world business environment for students, and allow them to be mentored by experienced business and investment professionals by creating and maintaining venture capital funds and using the funds to invest in start-up companies.
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/AccountantCompileOrReview | 0 | true |
| IRS990/AccountsPayableAccruedExpenses/BOY | 0 | 59466 |
| IRS990/AccountsPayableAccruedExpenses/EOY | 0 | 78568 |
| IRS990/AccountsReceivable/BOY | 0 | 170397 |
| IRS990/AccountsReceivable/EOY | 0 | 187759 |
| IRS990/ActivitiesConductedPartnership | 0 | false |
| IRS990/ActivityOrMissionDescription | 0 | THE ORGANIZATIONS PURPOSE IS TO MIRROR PRIVATE SECTOR VENTURE CAPITAL FIRMS, PROVIDE A REAL WORLD BUSINESS ENVIRONMENT FOR STUDENTS, AND ALLOW THEM TO BE MENTORED BY EXPERIENCED BUSINESS AND INVESTMENT PROFESSIONALS BY CREATING AND MAINTAINING VENTURE CAPITAL FUNDS AND USING THE FUNDS TO INVEST IN START-UP COMPANIES. |
| IRS990/ActivityOther/Description | 0 | PROVIDING A REAL WORLD BUSINESS ENVIRONMENT FOR STUDENTS, ALLOWING THEM TO BE MENTORED BY EXPERIENCED BUSINESS AND INVESTMENT PROFESSIONALS BY CREATING AND MAINTAINING VENTURE CAPITAL FUNDS AND USING THE FUNDS TO INVEST IN START-UP COMPANIES. |
| IRS990/ActivityOther/Expense | 0 | 456522 |
| IRS990/AddressPrincipalOfficerUS/AddressLine1 | 0 | 299 S MAIN ST SUITE 800 |
| IRS990/AddressPrincipalOfficerUS/City | 0 | SALT LAKE CITY |
| IRS990/AddressPrincipalOfficerUS/State | 0 | UT |
| IRS990/AddressPrincipalOfficerUS/ZIPCode | 0 | 84111 |
| IRS990/AllOtherExpenses/ManagementAndGeneral | 0 | 536 |
| IRS990/AllOtherExpenses/ProgramServices | 0 | 1463 |
| IRS990/AllOtherExpenses/Total | 0 | 1999 |
| IRS990/AnnualDisclosureCoveredPersons | 0 | true |
| IRS990/AuditCommittee | 0 | true |
| IRS990/BenefitsPaidToMembersCY | 0 | 0 |
| IRS990/BsnssRltnshpThruFamilyMember | 0 | false |
| IRS990/BsnssRltnshpWithOrganization | 0 | false |
| IRS990/CashNonInterestBearing/BOY | 0 | 63438 |
| IRS990/CashNonInterestBearing/EOY | 0 | 46452 |
| IRS990/ChangesToOrganizingDocs | 0 | false |
| IRS990/CollectionsOfArt | 0 | false |
| IRS990/CompCurrentOfficersDirectors/ProgramServices | 0 | 267450 |
| IRS990/CompCurrentOfficersDirectors/Total | 0 | 267450 |
| IRS990/CompensationFromOtherSources | 0 | false |
| IRS990/CompensationProcessCEO | 0 | true |
| IRS990/CompensationProcessOther | 0 | true |
| IRS990/ConflictOfInterestPolicy | 0 | true |
| IRS990/ConservationEasements | 0 | false |
| IRS990/ConsolidatedAuditFinancialStmt | 0 | false |
| IRS990/ContributionsGrantsCurrentYear | 0 | 0 |
| IRS990/ContributionsGrantsPriorYear | 0 | 114616 |
| IRS990/CreditCounseling | 0 | false |
| IRS990/DecisionsSubjectToApproval | 0 | false |
| IRS990/DeductibleContributionsOfArt | 0 | false |
| IRS990/DeductibleNonCashContributions | 0 | false |
| IRS990/DeferredRevenue/BOY | 0 | 7211 |
| IRS990/DeferredRevenue/EOY | 0 | 57110 |
| IRS990/DelegationOfManagementDuties | 0 | false |
| IRS990/DepreciationDepletion/ManagementAndGeneral | 0 | 765 |
| IRS990/DepreciationDepletion/ProgramServices | 0 | 3056 |
| IRS990/DepreciationDepletion/Total | 0 | 3821 |
| IRS990/DescribedIn501C3 | 0 | false |
| IRS990/Description | 0 | PROVIDING A REAL WORLD BUSINESS ENVIRONMENT FOR STUDENTS, ALLOWING THEM TO BE MENTORED BY EXPERIENCED BUSINESS AND INVESTMENT PROFESSIONALS BY CREATING AND MAINTAINING VENTURE CAPITAL FUNDS AND USING THE FUNDS TO INVEST IN START-UP COMPANIES. |
| IRS990/DisregardedEntity | 0 | false |
| IRS990/DocumentRetentionPolicy | 0 | false |
| IRS990/DonorAdvisedFunds | 0 | false |
| IRS990/ElectionOfBoardMembers | 0 | false |
| IRS990/EmploymentTaxReturnsFiled | 0 | true |
| IRS990/ExcessBenefitTransaction | 0 | false |
| IRS990/FamilyOrBusinessRelationship | 0 | true |
| IRS990/FederalGrantAuditRequired | 0 | false |
| IRS990/FeesForServicesAccounting/ManagementAndGeneral | 0 | 11640 |
| IRS990/FeesForServicesAccounting/Total | 0 | 11640 |
| IRS990/FeesForServicesLegal/ManagementAndGeneral | 0 | 2041 |
| IRS990/FeesForServicesLegal/ProgramServices | 0 | 18367 |
| IRS990/FeesForServicesLegal/Total | 0 | 20408 |
| IRS990/FeesForServicesOther/ProgramServices | 0 | 3336 |
| IRS990/FeesForServicesOther/Total | 0 | 3336 |
| IRS990/FinancialStatementConsolidated | 0 | X |
| IRS990/FollowSFAS117 | 0 | X |
| IRS990/ForeignActivities | 0 | false |
| IRS990/ForeignFinancialAccount | 0 | false |
| IRS990/ForeignOffice | 0 | false |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 0 | 2.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 1 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 2 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 3 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 4 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 5 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 6 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 7 | 1.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 8 | 4.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 9 | 40.00 |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 0 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 1 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 2 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 3 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 4 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 5 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 6 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 7 | X |
| IRS990/Form990PartVIISectionA/KeyEmployee | 0 | X |
| IRS990/Form990PartVIISectionA/NamePerson | 0 | GEOFF WOLLEY |
| IRS990/Form990PartVIISectionA/NamePerson | 1 | JAMES LEE SORENSON |
| IRS990/Form990PartVIISectionA/NamePerson | 2 | TAYLOR RANDALL |
| IRS990/Form990PartVIISectionA/NamePerson | 3 | JACK BRITTAIN |
| IRS990/Form990PartVIISectionA/NamePerson | 4 | LADD E CHRISTENSEN |
| IRS990/Form990PartVIISectionA/NamePerson | 5 | KENT I MADSEN |
| IRS990/Form990PartVIISectionA/NamePerson | 6 | BRUCE OLSEN |
| IRS990/Form990PartVIISectionA/NamePerson | 7 | MAC LAPOLLETTE |
| IRS990/Form990PartVIISectionA/NamePerson | 8 | RYAN DAVIS |
| IRS990/Form990PartVIISectionA/NamePerson | 9 | TOM STRINGHAM |
| IRS990/Form990PartVIISectionA/Officer | 0 | X |
| IRS990/Form990PartVIISectionA/OtherCompensation | 0 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 1 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 2 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 3 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 4 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 5 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 6 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 7 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 8 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 9 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 0 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 1 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 2 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 3 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 4 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 5 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 6 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 7 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 8 | 13200 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 9 | 194000 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 0 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 1 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 2 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 3 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 4 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 5 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 6 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 7 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 8 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 9 | 0 |
| IRS990/Form990PartVIISectionA/Title | 0 | CHAIRMAN |
| IRS990/Form990PartVIISectionA/Title | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 8 | CFO |
| IRS990/Form990PartVIISectionA/Title | 9 | EXECUTIVE DI |
| IRS990/Form990ProvidedToGoverningBody | 0 | true |
| IRS990/FormersListed | 0 | false |
| IRS990/FSAudited | 0 | false |
| IRS990/FundraisingActivities | 0 | false |
| IRS990/Gaming | 0 | false |
| IRS990/GrantsAndSimilarAmntsCY | 0 | 0 |
| IRS990/GrantsToIndividuals | 0 | false |
| IRS990/GrantsToOrganizations | 0 | false |
| IRS990/GrantToRelatedPerson | 0 | false |
| IRS990/GrossReceipts | 0 | 415789 |
| IRS990/GroupReturnForAffiliates | 0 | false |
| IRS990/Hospital | 0 | false |
| IRS990/IndependentAuditFinancialStmt | 0 | true |
| IRS990/IndoorTanningServices | 0 | false |
| IRS990/InfoInScheduleOPartIII | 0 | X |
| IRS990/InfoInScheduleOPartVI | 0 | X |
| IRS990/Insurance/ProgramServices | 0 | 12831 |
| IRS990/Insurance/Total | 0 | 12831 |
| IRS990/InvestmentIncomeCurrentYear | 0 | 401 |
| IRS990/InvestmentIncome/RelatedOrExemptFunctionIncome | 0 | 401 |
| IRS990/InvestmentIncome/TotalRevenueColumn | 0 | 401 |
| IRS990/InvestmentInJointVenture | 0 | true |
| IRS990/InvestmentsOtherSecurities/BOY | 0 | 44792 |
| IRS990/InvestmentsOtherSecurities/EOY | 0 | 42603 |
| IRS990/LandBldgEquipmentAccumDeprec | 0 | 2915 |
| IRS990/LandBuildingsEquipmentBasis | 0 | 13575 |
| IRS990/LandBuildingsEquipmentBasisNet/BOY | 0 | 13375 |
| IRS990/LandBuildingsEquipmentBasisNet/EOY | 0 | 10660 |
| IRS990/LoanToOfficerOrDQP | 0 | false |
| IRS990/LocalChapters | 0 | false |
| IRS990/MaterialDiversionOrMisuse | 0 | false |
| IRS990/MembersOrStockholders | 0 | false |
| IRS990/MethodOfAccountingAccrual | 0 | X |
| IRS990/MinutesOfCommittees | 0 | true |
| IRS990/MinutesOfGoverningBody | 0 | true |
| IRS990/MissionDescription | 0 | THE ORGANIZATIONS PURPOSE IS TO MIRROR PRIVATE SECTOR VENTURE CAPITAL FIRMS, PROVIDE A REAL WORLD BUSINESS ENVIRONMENT FOR STUDENTS, AND ALLOW THEM TO BE MENTORED BY EXPERIENCED BUSINESS AND INVESTMENT PROFESSIONALS BY CREATING AND MAINTAINING VENTURE CAPITAL FUNDS AND USING THE FUNDS TO INVEST IN START-UP COMPANIES. |
| IRS990/MoreThan5000KToIndividuals | 0 | false |
| IRS990/MoreThan5000KToOrganizations | 0 | false |
| IRS990/NameOfPrincipalOfficerPerson | 0 | TOM STRINGHAM |
| IRS990/NbrIndependentVotingMembers | 0 | 6 |
| IRS990/NbrVotingGoverningBodyMembers | 0 | 8 |
| IRS990/NbrVotingMembersGoverningBody | 0 | 8 |
| IRS990/NetAssetsOrFundBalancesBOY | 0 | 222764 |
| IRS990/NetAssetsOrFundBalancesEOY | 0 | 164050 |
| IRS990/NonDeductibleContributions | 0 | false |
| IRS990/NumberFormsTransmittedWith1096 | 0 | 2 |
| IRS990/NumberIndependentVotingMembers | 0 | 6 |
| IRS990/NumberIndividualsGT100K | 0 | 1 |
| IRS990/NumberOfEmployees | 0 | 2 |
| IRS990/NumberW2GIncluded | 0 | 0 |
| IRS990/OfficeExpenses/ManagementAndGeneral | 0 | 1266 |
| IRS990/OfficeExpenses/ProgramServices | 0 | 7175 |
| IRS990/OfficeExpenses/Total | 0 | 8441 |
| IRS990/OfficerEntityWithBsnssRltnshp | 0 | false |
| IRS990/OfficerMailingAddress | 0 | false |
| IRS990/Organization501c | 0 | X |
| IRS990/OtherExpensePriorYear | 0 | 250717 |
| IRS990/OtherExpensesCurrentYear | 0 | 195636 |
| IRS990/OtherExpenses/Description | 0 | COMMUNICATION EXP |
| IRS990/OtherExpenses/Description | 1 | CONTRACT LABOR |
| IRS990/OtherExpenses/Description | 2 | TELECOM |
| IRS990/OtherExpenses/Description | 3 | TELEPHONE |
| IRS990/OtherExpenses/ManagementAndGeneral | 0 | 778 |
| IRS990/OtherExpenses/ProgramServices | 0 | 52743 |
| IRS990/OtherExpenses/ProgramServices | 1 | 45588 |
| IRS990/OtherExpenses/ProgramServices | 2 | 5262 |
| IRS990/OtherExpenses/ProgramServices | 3 | 4411 |
| IRS990/OtherExpenses/Total | 0 | 52743 |
| IRS990/OtherExpenses/Total | 1 | 45588 |
| IRS990/OtherExpenses/Total | 2 | 5262 |
| IRS990/OtherExpenses/Total | 3 | 5189 |
| IRS990/OtherLiabilities/BOY | 0 | 10374 |
| IRS990/OtherRevenueCurrentYear | 0 | 415388 |
| IRS990/OtherRevenueMisc/Description | 0 | MANAGEMENT FEES |
| IRS990/OtherRevenueMisc/Description | 1 | CONFERENCE REGISTRATION |
| IRS990/OtherRevenueMisc/Description | 2 | UNIV. OPPORTUNITY FUND LLC |
| IRS990/OtherRevenueMisc/RelatedOrExemptFunctionIncome | 0 | 346705 |
| IRS990/OtherRevenueMisc/RelatedOrExemptFunctionIncome | 1 | 72495 |
| IRS990/OtherRevenueMisc/RelatedOrExemptFunctionIncome | 2 | -3812 |
| IRS990/OtherRevenueMisc/TotalRevenueColumn | 0 | 346705 |
| IRS990/OtherRevenueMisc/TotalRevenueColumn | 1 | 72495 |
| IRS990/OtherRevenueMisc/TotalRevenueColumn | 2 | -3812 |
| IRS990/OtherRevenuePriorYear | 0 | 429153 |
| IRS990/PartialLiquidation | 0 | false |
| IRS990/PayrollTaxes/ManagementAndGeneral | 0 | 2061 |
| IRS990/PayrollTaxes/ProgramServices | 0 | 11681 |
| IRS990/PayrollTaxes/Total | 0 | 13742 |
| IRS990/PoliticalActivities | 0 | false |
| IRS990/PrepaidExpensesDeferredCharges/BOY | 0 | 7813 |
| IRS990/PrepaidExpensesDeferredCharges/EOY | 0 | 12254 |
| IRS990/PriorExcessBenefitTransaction | 0 | false |
| IRS990/ProfessionalFundraising | 0 | false |
| IRS990/ProgramServiceRevenueCY | 0 | 0 |
| IRS990/ProhibitedTaxShelterTrans | 0 | false |
| IRS990/ReconcilationOtherChanges | 0 | 2325 |
| IRS990/ReconcilationRevenueExpenses | 0 | -61039 |
| IRS990/RegularMonitoringEnforcement | 0 | true |
| IRS990/RelatedEntity | 0 | true |
| IRS990/RelatedOrgControlledEntity | 0 | false |
| IRS990/ReportFin48Footnote | 0 | false |
| IRS990/ReportInvestOthSecurities | 0 | true |
| IRS990/ReportLandBldgEquip | 0 | true |
| IRS990/ReportOtherAssets | 0 | false |
| IRS990/ReportOtherLiabilities | 0 | false |
| IRS990/ReportProgRelInvest | 0 | false |
| IRS990/RevenuesLessExpensesCY | 0 | -61039 |
| IRS990/RevenuesLessExpensesPriorYear | 0 | -8036 |
| IRS990/SalariesEtcCurrentYear | 0 | 281192 |
| IRS990/SalariesEtcPriorYear | 0 | 301088 |
| IRS990/ScheduleBRequired | 0 | false |
| IRS990ScheduleD/AgentTrusteeEtc | 0 | false |
| IRS990ScheduleD/AreRelatedOrgsListedScheduleR | 0 | false |
| IRS990ScheduleD/DisclosedForCharitablePurposes | 0 | false |
| IRS990ScheduleD/DisclosedOrgsLegalControl | 0 | false |
| IRS990ScheduleD/DonatedServicesUseOfFacilities | 0 | 104617 |
| IRS990ScheduleD/DonatedSrvcAndUseOfFacilities | 0 | 104617 |
| IRS990ScheduleD/EndowmentsHeldByRelatedOrgs | 0 | false |
| IRS990ScheduleD/EndowmentsHeldByUnrelatedOrgs | 0 | false |
| IRS990ScheduleD/Equipment/BookValue | 0 | 10660 |
| IRS990ScheduleD/Equipment/Depreciation | 0 | 2915 |
| IRS990ScheduleD/Equipment/OtherCostOrOtherBasis | 0 | 13575 |
| IRS990ScheduleD/ExcessOrDeficitForYear | 0 | -61039 |
| IRS990ScheduleD/ExcessOrDeficitPerFS | 0 | -58714 |
| IRS990ScheduleD/ExpensesNotRptdF990 | 0 | 104617 |
| IRS990ScheduleD/ExpensesNotRptdOnFinStmt | 0 | 4915 |
| IRS990ScheduleD/ExpensesSubtotal | 0 | 471913 |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation | 0 | INTEREST INCOME, UNIV. OPPORTUNITY FUND LLC, K-1 -401 PROFESSIONAL FEES: UNIV. OPPORTUNITY FUND LLC, K-1 176 ORDINARY LOSS: UNIV. OPPORTUNITY FUND LLC, K-1 3,636 BOOK / TAX DEPRECIATION DIFFERENCE 1,103 |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation | 1 | INTEREST INCOME, UNIV. OPPORTUNITY FUND LLC, K-1 401 |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation | 2 | PROFESSIONAL FEES: UNIV. OPPORTUNITY FUND LLC, K-1 176 ORDINARY LOSS: UNIV. OPPORTUNITY FUND LLC, K-1 3,636 BOOK / TAX DEPRECIATION DIFFERENCE 1,103 |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier | 0 | RECONCILIATION OF CHANGES - OTHER |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier | 1 | REVENUE AMOUNTS INCLUDED ON RETURN - OTHER |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier | 2 | EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER |
| IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference | 0 | SCHEDULE D, PAGE 4, PART XI, LINE 8 |
| IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference | 1 | SCHEDULE D, PAGE 4, PART XII, LINE 4B |
| IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference | 2 | SCHEDULE D, PAGE 4, PART XIII, LINE 4B |
| IRS990ScheduleD/IncludedOnFS | 0 | false |
| IRS990ScheduleD/NetUnrealizedGainsInvestments | 0 | -2189 |
| IRS990ScheduleD/NetUnrealizedGLOnInvestments | 0 | -2189 |
| IRS990ScheduleD/OtherAmount | 0 | 4514 |
| IRS990ScheduleD/OtherExpensesNotIncluded | 0 | 4915 |
| IRS990ScheduleD/OtherRevenuesNotIncluded | 0 | 401 |
| IRS990ScheduleD/OtherSecurities/BookValue | 0 | 42603 |
| IRS990ScheduleD/OtherSecurities/Description | 0 | INVESTMENT IN UNIV OPPTY FUND |
| IRS990ScheduleD/OtherSecurities/MethodOfValuation | 0 | C |
| IRS990ScheduleD/RevenueNotRptdF990 | 0 | 102428 |
| IRS990ScheduleD/RevenueNotRptdOnFinStmt | 0 | 401 |
| IRS990ScheduleD/RevenueSubtotal | 0 | 415388 |
| IRS990ScheduleD/Sect170hRequirementsSatisfied | 0 | false |
| IRS990ScheduleD/SolicitedAssetsForSale | 0 | false |
| IRS990ScheduleD/TotalAdjustments | 0 | 2325 |
| IRS990ScheduleD/TotalExpenses | 0 | 476828 |
| IRS990ScheduleD/TotalExpensesPerForm990 | 0 | 476828 |
| IRS990ScheduleD/TotalOfBookValueLandBuildings | 0 | 10660 |
| IRS990ScheduleD/TotalOfBookValueSecurities | 0 | 42603 |
| IRS990ScheduleD/TotalRevenue | 0 | 415789 |
| IRS990ScheduleD/TotalRevenuePerForm990 | 0 | 415789 |
| IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt | 0 | 576530 |
| IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt | 0 | 517816 |
| IRS990ScheduleD/WrittenPolicyMonitoring | 0 | false |
| IRS990ScheduleJ/AnyNonFixedPayments | 0 | false |
| IRS990ScheduleJ/CompBasedNetEarningsFilingOrg | 0 | false |
| IRS990ScheduleJ/CompBasedNetEarningsRelateOrgs | 0 | false |
| IRS990ScheduleJ/CompBasedOnRevenueOfFilingOrg | 0 | false |
| IRS990ScheduleJ/CompBasedOnRevenueRelatedOrgs | 0 | false |
| IRS990ScheduleJ/EquityBasedCompArrangement | 0 | false |
| IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg | 0 | 159000 |
| IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg | 0 | 35000 |
| IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson | 0 | TOM STRINGHAM |
| IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg | 0 | 194000 |
| IRS990ScheduleJ/InitialContractException | 0 | false |
| IRS990/ScheduleJRequired | 0 | true |
| IRS990ScheduleJ/SeverancePayment | 0 | false |
| IRS990ScheduleJ/SupplementalNonqualRetirePlan | 0 | false |
| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | THE ORGANIZATIONS PURPOSE IS TO MIRROR PRIVATE SECTOR VENTURE CAPITAL FIRMS, PROVIDE A REAL WORLD BUSINESS ENVIRONMENT FOR STUDENTS, AND ALLOW THEM TO BE MENTORED BY EXPERIENCED BUSINESS AND INVESTMENT PROFESSIONALS BY CREATING AND MAINTAINING VENTURE CAPITAL FUNDS AND USING THE FUNDS TO INVEST IN START-UP COMPANIES. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | PROVIDING A REAL WORLD BUSINESS ENVIRONMENT FOR STUDENTS, ALLOWING THEM TO BE MENTORED BY EXPERIENCED BUSINESS AND INVESTMENT PROFESSIONALS BY CREATING AND MAINTAINING VENTURE CAPITAL FUNDS AND USING THE FUNDS TO INVEST IN START-UP COMPANIES. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | KENT MADSEN UNIV. OPPORTUNITY FUND DIRECTOR FUND LP INVESTMENT |
| IRS990ScheduleO/GeneralExplanation/Explanation | 3 | FORM 990 IS PROVIDED TO THE EXECUTIVE DIRECTOR, CFO, AND OTHER OFFICERS/DIRECTORS FOR REVIEW BEFORE IT IS FILED WITH THE IRS. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 4 | THE BOARD MADE A FORMAL RESOLUTION TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. EACH BOARD MEMBER MUST DISCLOSE CONFLICTS PRIOR TO ANY VOTING AND MUST ABSTAIN FROM MAKING INVESTMENT DECISIONS WHERE POTENTIAL CONFLICTS EXIST. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 5 | EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY A COMPENSATION COMMITTEE. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 6 | KEY EMPLOYEE COMPENSATION IS DETERMINED BY A COMPENSATION COMMITTEE. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 7 | GOVERNING DOCUMENTS AND FINANCIALS STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/GeneralExplanation/Identifier | 0 | ORGANIZATION'S MISSION |
| IRS990ScheduleO/GeneralExplanation/Identifier | 1 | ALL OTHER ACCOMPLISHMENT DESCRIPTION |
| IRS990ScheduleO/GeneralExplanation/Identifier | 2 | RELATED PARTY INFORMATION AMONG OFFICERS |
| IRS990ScheduleO/GeneralExplanation/Identifier | 3 | ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 4 | ENFORCEMENT OF CONFLICTS POLICY |
| IRS990ScheduleO/GeneralExplanation/Identifier | 5 | COMPENSATION PROCESS FOR TOP OFFICIAL |
| IRS990ScheduleO/GeneralExplanation/Identifier | 6 | COMPENSATION PROCESS FOR OFFICERS |
| IRS990ScheduleO/GeneralExplanation/Identifier | 7 | GOVERNING DOCUMENTS DISCLOSURE EXPLANATION |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 1 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 2 | FORM 990, PAGE 6, PART VI, LINE 2 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 3 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 4 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 5 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 6 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 7 | FORM 990, PAGE 6, PART VI, LINE 19 |
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Displayed year
2011 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.