Liabilities / Assets
80th percentile
Higher debt load relative to assets than 80% of similar nonprofits.
990 • Fiscal year 2012 • EIN 87-0680932
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
80th percentile
Higher debt load relative to assets than 80% 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
87th percentile
Faster asset growth than 87% of similar nonprofits.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Assets
Up$366,385
Up $66,657 (+22%) from 2011
Net Assets
Up$214,891
Up $50,841 (+31%) from 2011
Liabilities
Up$151,494
Up $15,816 (+12%) from 2011
Revenue
-
No earlier filing loaded for comparison.
Expenses
Down$462,495
Down $14,333 (-3.0%) from 2011
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/AccountantCompileOrReviewBasis/FinancialStatementSeparate | 0 | X |
| IRS990/AccountsPayableAccruedExpenses/BOY | 0 | 78568 |
| IRS990/AccountsPayableAccruedExpenses/EOY | 0 | 145494 |
| IRS990/AccountsReceivable/BOY | 0 | 187759 |
| IRS990/AccountsReceivable/EOY | 0 | 91785 |
| IRS990/ActivitiesConductedPartnership | 0 | false |
| IRS990/ActivityOrMissionDescription | 0 | 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. |
| IRS990/AddressPrincipalOfficerUS/AddressLine1 | 0 | 299 S MAIN STREET STE 310 |
| IRS990/AddressPrincipalOfficerUS/City | 0 | SALT LAKE CITY |
| IRS990/AddressPrincipalOfficerUS/State | 0 | UT |
| IRS990/AddressPrincipalOfficerUS/ZIPCode | 0 | 84111 |
| IRS990/AllOtherContributions | 0 | 105246 |
| IRS990/AllOtherExpenses/ManagementAndGeneral | 0 | 55 |
| IRS990/AllOtherExpenses/ProgramServices | 0 | 462 |
| IRS990/AllOtherExpenses/Total | 0 | 517 |
| IRS990/AnnualDisclosureCoveredPersons | 0 | true |
| IRS990/AuditCommittee | 0 | true |
| IRS990/BenefitsPaidToMembersCY | 0 | 0 |
| IRS990/BsnssRltnshpThruFamilyMember | 0 | false |
| IRS990/BsnssRltnshpWithOrganization | 0 | false |
| IRS990/CashNonInterestBearing/BOY | 0 | 46452 |
| IRS990/CashNonInterestBearing/EOY | 0 | 178969 |
| IRS990/ChangesToOrganizingDocs | 0 | false |
| IRS990/CollectionsOfArt | 0 | false |
| IRS990/CompCurrentOfficersDirectors/ProgramServices | 0 | 194000 |
| IRS990/CompCurrentOfficersDirectors/Total | 0 | 194000 |
| IRS990/CompensationFromOtherSources | 0 | false |
| IRS990/CompensationProcessCEO | 0 | true |
| IRS990/CompensationProcessOther | 0 | true |
| IRS990/ConferencesMeetings/ProgramServices | 0 | 56231 |
| IRS990/ConferencesMeetings/Total | 0 | 56231 |
| IRS990/ConflictOfInterestPolicy | 0 | true |
| IRS990/ConservationEasements | 0 | false |
| IRS990/ConsolidatedAuditFinancialStmt | 0 | false |
| IRS990/ContributionsGrantsCurrentYear | 0 | 105246 |
| IRS990/CreditCounseling | 0 | false |
| IRS990/DecisionsSubjectToApproval | 0 | false |
| IRS990/DeductibleContributionsOfArt | 0 | false |
| IRS990/DeductibleNonCashContributions | 0 | false |
| IRS990/DeferredRevenue/BOY | 0 | 57110 |
| IRS990/DeferredRevenue/EOY | 0 | 6000 |
| IRS990/DelegationOfManagementDuties | 0 | false |
| IRS990/DepreciationDepletion/ManagementAndGeneral | 0 | 546 |
| IRS990/DepreciationDepletion/ProgramServices | 0 | 2184 |
| IRS990/DepreciationDepletion/Total | 0 | 2730 |
| 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/Expense | 0 | 443503 |
| IRS990/FamilyOrBusinessRelationship | 0 | true |
| IRS990/FederalGrantAuditRequired | 0 | false |
| IRS990/FeesForServicesAccounting/ManagementAndGeneral | 0 | 6126 |
| IRS990/FeesForServicesAccounting/Total | 0 | 6126 |
| IRS990/FeesForServicesLegal/ManagementAndGeneral | 0 | 94 |
| IRS990/FeesForServicesLegal/ProgramServices | 0 | 846 |
| IRS990/FeesForServicesLegal/Total | 0 | 940 |
| IRS990/FeesForServicesOther/ProgramServices | 0 | 1433 |
| IRS990/FeesForServicesOther/Total | 0 | 1433 |
| IRS990/FollowSFAS117 | 0 | X |
| IRS990/ForeignActivities | 0 | false |
| IRS990/ForeignFinancialAccount | 0 | false |
| IRS990/ForeignOffice | 0 | false |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 0 | 1.00 |
| 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 | 50.00 |
| 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 | 71093 |
| 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 | 157000 |
| 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/GainOrLoss/Securities | 0 | -1013 |
| IRS990/Gaming | 0 | false |
| IRS990/Grants | 0 | 12000 |
| IRS990/GrantsAndSimilarAmntsCY | 0 | 12000 |
| IRS990/GrantsToDomesticIndividuals/ProgramServices | 0 | 12000 |
| IRS990/GrantsToDomesticIndividuals/Total | 0 | 12000 |
| IRS990/GrantsToIndividuals | 0 | true |
| IRS990/GrantsToOrganizations | 0 | false |
| IRS990/GrantToRelatedPerson | 0 | false |
| IRS990/GrossReceipts | 0 | 500733 |
| IRS990/GroupReturnForAffiliates | 0 | false |
| IRS990/Hospital | 0 | false |
| IRS990/IndependentAuditFinancialStmt | 0 | false |
| IRS990/IndoorTanningServices | 0 | false |
| IRS990/InfoInScheduleOPartIII | 0 | X |
| IRS990/InfoInScheduleOPartVI | 0 | X |
| IRS990/InformationTechnology/ProgramServices | 0 | 218 |
| IRS990/InformationTechnology/Total | 0 | 218 |
| IRS990/Insurance/ProgramServices | 0 | 13266 |
| IRS990/Insurance/Total | 0 | 13266 |
| IRS990/InvestmentIncomeCurrentYear | 0 | 8083 |
| IRS990/InvestmentIncome/ExclusionAmount | 0 | 9096 |
| IRS990/InvestmentIncomePriorYear | 0 | 401 |
| IRS990/InvestmentIncome/TotalRevenueColumn | 0 | 9096 |
| IRS990/InvestmentInJointVenture | 0 | true |
| IRS990/InvestmentsProgramRelated/BOY | 0 | 42603 |
| IRS990/InvestmentsProgramRelated/EOY | 0 | 69331 |
| IRS990/LandBldgEquipmentAccumDeprec | 0 | 5630 |
| IRS990/LandBuildingsEquipmentBasis | 0 | 13575 |
| IRS990/LandBuildingsEquipmentBasisNet/BOY | 0 | 10660 |
| IRS990/LandBuildingsEquipmentBasisNet/EOY | 0 | 7945 |
| IRS990/LessCostOthBasisSalesExpenses/Securities | 0 | 1013 |
| 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 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. |
| 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 | 164050 |
| IRS990/NetAssetsOrFundBalancesEOY | 0 | 214891 |
| IRS990/NetGainOrLossInvestments/ExclusionAmount | 0 | -1013 |
| IRS990/NetGainOrLossInvestments/TotalRevenueColumn | 0 | -1013 |
| IRS990/NonDeductibleContributions | 0 | false |
| IRS990/NumberFormsTransmittedWith1096 | 0 | 1 |
| IRS990/NumberIndependentVotingMembers | 0 | 6 |
| IRS990/NumberIndividualsGT100K | 0 | 1 |
| IRS990/NumberOfEmployees | 0 | 2 |
| IRS990/NumberW2GIncluded | 0 | 0 |
| IRS990/OfficeExpenses/ManagementAndGeneral | 0 | 1953 |
| IRS990/OfficeExpenses/ProgramServices | 0 | 11069 |
| IRS990/OfficeExpenses/Total | 0 | 13022 |
| IRS990/OfficerEntityWithBsnssRltnshp | 0 | false |
| IRS990/OfficerMailingAddress | 0 | false |
| IRS990/Organization501c | 0 | X |
| IRS990/OtherEmployeeBenefits/ManagementAndGeneral | 0 | 3225 |
| IRS990/OtherEmployeeBenefits/ProgramServices | 0 | 18277 |
| IRS990/OtherEmployeeBenefits/Total | 0 | 21502 |
| IRS990/OtherExpensePriorYear | 0 | 195636 |
| IRS990/OtherExpensesCurrentYear | 0 | 136674 |
| IRS990/OtherExpenses/Description | 0 | CONTRACT LABOR |
| IRS990/OtherExpenses/Description | 1 | TELECOM |
| IRS990/OtherExpenses/Description | 2 | TELEPHONE |
| IRS990/OtherExpenses/Description | 3 | BANK CHARGES |
| IRS990/OtherExpenses/ManagementAndGeneral | 0 | 247 |
| IRS990/OtherExpenses/ManagementAndGeneral | 1 | 500 |
| IRS990/OtherExpenses/ProgramServices | 0 | 17200 |
| IRS990/OtherExpenses/ProgramServices | 1 | 6875 |
| IRS990/OtherExpenses/ProgramServices | 2 | 1400 |
| IRS990/OtherExpenses/Total | 0 | 17200 |
| IRS990/OtherExpenses/Total | 1 | 6875 |
| IRS990/OtherExpenses/Total | 2 | 1647 |
| IRS990/OtherExpenses/Total | 3 | 500 |
| IRS990/OtherRevenueCurrentYear | 0 | 0 |
| IRS990/OtherRevenuePriorYear | 0 | 415388 |
| IRS990/OtherSalariesAndWages/ProgramServices | 0 | 62000 |
| IRS990/OtherSalariesAndWages/Total | 0 | 62000 |
| IRS990/PartialLiquidation | 0 | false |
| IRS990/PayrollTaxes/ManagementAndGeneral | 0 | 2148 |
| IRS990/PayrollTaxes/ProgramServices | 0 | 12171 |
| IRS990/PayrollTaxes/Total | 0 | 14319 |
| IRS990/PensionPlanContributions/ManagementAndGeneral | 0 | 3300 |
| IRS990/PensionPlanContributions/ProgramServices | 0 | 18700 |
| IRS990/PensionPlanContributions/Total | 0 | 22000 |
| IRS990/PoliticalActivities | 0 | false |
| IRS990/PrepaidExpensesDeferredCharges/BOY | 0 | 12254 |
| IRS990/PrepaidExpensesDeferredCharges/EOY | 0 | 18355 |
| IRS990/PriorExcessBenefitTransaction | 0 | false |
| IRS990/ProfessionalFundraising | 0 | false |
| IRS990/ProgramServiceRevenue/BusinessCode | 0 | 523920 |
| IRS990/ProgramServiceRevenue/BusinessCode | 1 | 611430 |
| IRS990/ProgramServiceRevenue/BusinessCode | 2 | 523920 |
| IRS990/ProgramServiceRevenueCY | 0 | 386391 |
| IRS990/ProgramServiceRevenue/Description | 0 | MANAGEMENT FEES |
| IRS990/ProgramServiceRevenue/Description | 1 | CONFERENCE REGISTRATION |
| IRS990/ProgramServiceRevenue/Description | 2 | UNIV. OPPORTUNITY FUND LLC |
| IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome | 0 | 300699 |
| IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome | 1 | 89113 |
| IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome | 2 | -3421 |
| IRS990/ProgramServiceRevenue/TotalRevenueColumn | 0 | 300699 |
| IRS990/ProgramServiceRevenue/TotalRevenueColumn | 1 | 89113 |
| IRS990/ProgramServiceRevenue/TotalRevenueColumn | 2 | -3421 |
| IRS990/ProhibitedTaxShelterTrans | 0 | false |
| IRS990/ReconcilationOtherChanges | 0 | 2713 |
| IRS990/ReconcilationRevenueExpenses | 0 | 37225 |
| IRS990/ReconciliationUnrealizedInvest | 0 | 10903 |
| IRS990/RegularMonitoringEnforcement | 0 | true |
| IRS990/RelatedEntity | 0 | true |
| IRS990/RelatedOrgControlledEntity | 0 | false |
| IRS990/ReportFin48Footnote | 0 | false |
| IRS990/ReportInvestOthSecurities | 0 | false |
| IRS990/ReportLandBldgEquip | 0 | true |
| IRS990/ReportOtherAssets | 0 | false |
| IRS990/ReportOtherLiabilities | 0 | false |
| IRS990/ReportProgRelInvest | 0 | true |
| IRS990/RevenuesLessExpensesCY | 0 | 37225 |
| IRS990/RevenuesLessExpensesPriorYear | 0 | -61039 |
| IRS990/SalariesEtcCurrentYear | 0 | 313821 |
| IRS990/SalariesEtcPriorYear | 0 | 281192 |
| IRS990ScheduleB/ContributorInfo/AggregateContributions | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorNumber | 0 | RESTRICTED |
| IRS990/ScheduleBRequired | 0 | true |
| IRS990ScheduleD/Equipment/BookValue | 0 | 7945 |
| IRS990ScheduleD/Equipment/Depreciation | 0 | 5630 |
| IRS990ScheduleD/Equipment/OtherCostOrOtherBasis | 0 | 13575 |
| IRS990ScheduleD/InvestmentsProgramRelated/BookValue | 0 | 69331 |
| IRS990ScheduleD/InvestmentsProgramRelated/Description | 0 | INVESTMENT IN UNIVERSITY OPP. FUND |
| IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation | 0 | C |
| IRS990ScheduleD/TotalOfBookValueLandBuildings | 0 | 7945 |
| IRS990ScheduleD/TotalOfBookValueProgramRelated | 0 | 69331 |
| IRS990ScheduleI/Form990ScheduleIPartIII/AmountOfCashGrant | 0 | 12000 |
| IRS990ScheduleI/Form990ScheduleIPartIII/NumberOfRecipients | 0 | 9 |
| IRS990ScheduleI/Form990ScheduleIPartIII/TypeOfGrant | 0 | SCHOLARSHIPS FOR STUDENTS |
| IRS990ScheduleI/RecordsMaintained | 0 | true |
| IRS990ScheduleJ/AnyNonFixedPayments | 0 | false |
| IRS990ScheduleJ/BoardOrCommitteeApproval | 0 | X |
| IRS990ScheduleJ/CompBasedNetEarningsFilingOrg | 0 | false |
| IRS990ScheduleJ/CompBasedNetEarningsRelateOrgs | 0 | false |
| IRS990ScheduleJ/CompBasedOnRevenueOfFilingOrg | 0 | false |
| IRS990ScheduleJ/CompBasedOnRevenueRelatedOrgs | 0 | false |
| IRS990ScheduleJ/EquityBasedCompArrangement | 0 | false |
| IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg | 0 | 155000 |
| IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg | 0 | 2000 |
| IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompFilingOrg | 0 | 57000 |
| IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson | 0 | TOM STRINGHAM |
| IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg | 0 | 14093 |
| IRS990ScheduleJ/Form990ScheduleJPartII/Title | 0 | EXECUTIVE DIRECTOR |
| IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg | 0 | 228093 |
| IRS990ScheduleJ/InitialContractException | 0 | false |
| IRS990/ScheduleJRequired | 0 | true |
| IRS990ScheduleJ/SeverancePayment | 0 | false |
| IRS990ScheduleJ/SupplementalNonqualRetirePlan | 0 | false |
| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | 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. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | KENT MADSEN UNIV. OPPORTUNITY FUND DIRECTOR INVESTOR LP INVESTMENT JAMES L SORENSON UNIV. OPPORTUNITY FUND DIRECTOR INVESTOR LP INVESTMENT |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | 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 | 3 | 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 | 4 | EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY A COMPENSATION COMMITTEE. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 5 | KEY EMPLOYEE COMPENSATION IS DETERMINED BY A COMPENSATION COMMITTEE. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 6 | GOVERNING DOCUMENTS AND FINANCIALS STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 7 | INTEREST INCOME, UNIV. OPPORTUNITY FUND LLC, K-1 -723 PROFESSIONAL FEES: UNIV. OPPORTUNITY FUND LLC, K-1 239 ORDINARY LOSS: UNIV. OPPORTUNITY FUND LLC, K-1 3,182 BOOK / TAX DEPRECIATION DIFFERENCE 15 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 0 | ORGANIZATION'S MISSION |
| IRS990ScheduleO/GeneralExplanation/Identifier | 1 | RELATED PARTY INFORMATION AMONG OFFICERS |
| IRS990ScheduleO/GeneralExplanation/Identifier | 2 | ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 3 | ENFORCEMENT OF CONFLICTS POLICY |
| IRS990ScheduleO/GeneralExplanation/Identifier | 4 | COMPENSATION PROCESS FOR TOP OFFICIAL |
| IRS990ScheduleO/GeneralExplanation/Identifier | 5 | COMPENSATION PROCESS FOR OFFICERS |
| IRS990ScheduleO/GeneralExplanation/Identifier | 6 | GOVERNING DOCUMENTS DISCLOSURE EXPLANATION |
| IRS990ScheduleO/GeneralExplanation/Identifier | 7 | RECONCILIATION OF CHANGES - OTHER |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 1 | FORM 990, PAGE 6, PART VI, LINE 2 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 2 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 3 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 4 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 5 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 6 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 7 | FORM 990, PART XI, LINE 9 |
| IRS990/ScheduleORequired | 0 | true |
| IRS990ScheduleR/DividendsRelatedOrganization | 0 | false |
| IRS990ScheduleR/ExchangeOfAssets | 0 | false |
| IRS990ScheduleR/Form990ScheduleRPartIII/AddressUS/AddressLine1 | 0 | 299 S MAIN ST STE 900 |
| IRS990ScheduleR/Form990ScheduleRPartIII/AddressUS/City | 0 | SALT LAKE CITY |
| IRS990ScheduleR/Form990ScheduleRPartIII/AddressUS/State | 0 | UT |
| IRS990ScheduleR/Form990ScheduleRPartIII/AddressUS/ZIPCode | 0 | 84111 |
| IRS990ScheduleR/Form990ScheduleRPartIII/DirectControllingEntityName/BusinessNameLine1 | 0 | UNIV VENT |
| IRS990ScheduleR/Form990ScheduleRPartIII/DirectControllingEntityName/BusinessNameLine2 | 0 | UNIVERSITY VENTURE FUND |
| IRS990ScheduleR/Form990ScheduleRPartIII/DisproportionateAllocations | 0 | true |
| IRS990ScheduleR/Form990ScheduleRPartIII/EIN | 0 | 161706703 |
| IRS990ScheduleR/Form990ScheduleRPartIII/GeneralOrManagingPartner | 0 | true |
| IRS990ScheduleR/Form990ScheduleRPartIII/LegalDomicileState | 0 | UT |
| IRS990ScheduleR/Form990ScheduleRPartIII/NameOfRelatedOrg/BusinessNameLine1 | 0 | UNIV OPPORTUNITY FUND LLC |
| IRS990ScheduleR/Form990ScheduleRPartIII/PercentageOwnership | 0 | 0.01060 |
| IRS990ScheduleR/Form990ScheduleRPartIII/PredominantIncomeType | 0 | RELATED |
| IRS990ScheduleR/Form990ScheduleRPartIII/PrimaryActivity | 0 | INVESTMENT |
| IRS990ScheduleR/Form990ScheduleRPartIII/ShareOfEOYAssets | 0 | 70285 |
| IRS990ScheduleR/Form990ScheduleRPartIII/ShareOfTotalIncome | 0 | 297227 |
| IRS990ScheduleR/GiftGrantOrCapContrFrOtherOrg | 0 | false |
| IRS990ScheduleR/GiftGrantOrCapContrToOtherOrg | 0 | false |
| IRS990ScheduleR/LoansOrGuaranteesFromOtherOrg | 0 | false |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrg | 0 | false |
| IRS990ScheduleR/OtherTransferFromOtherOrg | 0 | true |
| IRS990ScheduleR/OtherTransferToOtherOrg | 0 | false |
| IRS990ScheduleR/PerformOfServicesByOtherOrgs | 0 | false |
| IRS990ScheduleR/PerformOfServicesForOtherOrgs | 0 | false |
| IRS990ScheduleR/PurchaseOfAssetsFromOtherOrg | 0 | false |
| IRS990ScheduleR/ReceiptOfIntAnnRentsRoyalties | 0 | false |
| IRS990ScheduleR/ReimbursementPaidByOtherOrg | 0 | false |
| IRS990ScheduleR/ReimbursementPaidToOtherOrg | 0 | false |
| IRS990ScheduleR/RentalOfFacilitiesFrOtherOrgs | 0 | false |
| IRS990ScheduleR/RentalOfFacilitiesToOtherOrgs | 0 | false |
| IRS990ScheduleR/SaleOfAssetsToOtherOrg | 0 | false |
| IRS990ScheduleR/SharingOfFacilities | 0 | false |
| IRS990ScheduleR/SharingOfPaidEmployees | 0 | false |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/AmountInvolved | 0 | 300699 |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/MethodOfAmtDetermination | 0 | CASH GUARANTEED PAYMENT |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/NameOfOtherOrganization/BusinessNameLine1 | 0 | UNIV OPPORTUNITY FUND LLC |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/TransactionType | 0 | S |
| IRS990/School | 0 | false |
| IRS990/SignificantChange | 0 | false |
| IRS990/SignificantNewProgramServices | 0 | false |
| IRS990/StateLegalDomicile | 0 | UT |
| IRS990/SubjectToProxyTax | 0 | false |
| IRS990/TaxablePartyNotification | 0 | false |
| IRS990/TaxExemptBonds | 0 | false |
| IRS990/Terminated | 0 | false |
| IRS990/TermOrPermanentEndowments | 0 | false |
| IRS990/TheBooksAreInCareOf/AddressUS/AddressLine1 | 0 | 15 W SOUTH TEMPLE SUITE 500 |
| IRS990/TheBooksAreInCareOf/AddressUS/City | 0 | SALT LAKE CITY |
| IRS990/TheBooksAreInCareOf/AddressUS/State | 0 | UT |
| IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode | 0 | 84101 |
| IRS990/TheBooksAreInCareOf/NamePerson | 0 | RYAN DAVIS |
| IRS990/TheBooksAreInCareOf/TelephoneNumber | 0 | 8015248939 |
| IRS990/TotalAssets/BOY | 0 | 299728 |
| IRS990/TotalAssetsBOY | 0 | 299728 |
| IRS990/TotalAssets/EOY | 0 | 366385 |
| IRS990/TotalAssetsEOY | 0 | 366385 |
| IRS990/TotalCompGT150K | 0 | true |
| IRS990/TotalContributions | 0 | 105246 |
| IRS990/TotalExpensesCurrentYear | 0 | 462495 |
| IRS990/TotalExpensesPriorYear | 0 | 476828 |
| IRS990/TotalFunctionalExpenses/Fundraising | 0 | 0 |
| IRS990/TotalFunctionalExpenses/ManagementAndGeneral | 0 | 18992 |
| IRS990/TotalFunctionalExpenses/ProgramServices | 0 | 443503 |
| IRS990/TotalFunctionalExpenses/Total | 0 | 462495 |
| IRS990/TotalFundrsngExpCurrentYear | 0 | 0 |
| IRS990/TotalGrossUBI | 0 | 0 |
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Displayed year
2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.