Liabilities / Assets
87th percentile
Higher debt load relative to assets than 87% of similar nonprofits.
990 • Fiscal year 2014 • EIN 87-0680932
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
87th percentile
Higher debt load relative to assets than 87% of similar nonprofits.
Liabilities / Revenue
80th percentile
Higher debt load relative to revenue than 80% of similar nonprofits.
Net Margin
40th percentile
Higher net margin than 40% of similar nonprofits.
Top Officer Pay
100th percentile
Higher top officer pay than 100% of similar nonprofits.
Top officer pay equals 49.9% of source-year revenue.
Asset Growth
18th percentile
Faster asset growth than 18% of similar nonprofits.
Revenue Growth
64th percentile
Faster revenue growth than 64% of similar nonprofits.
Assets
Down$146,713
Down $27,848 (-16%) from 2013
Net Assets
Up$93,718
Up $24,937 (+36%) from 2013
Liabilities
Down$52,995
Down $52,785 (-50%) from 2013
Revenue
Up$367,398
Up $24,174 (+7.0%) from 2013
Expenses
Down$368,448
Down $132,248 (-26%) from 2013
Net Income
Up-$1,050
Up $156,422 (+99%) from 2013
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.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Program Related | $62,618 | $110,751 | ▲ $48,133 |
| Cash and Non-Interest-Bearing Accounts | $87,715 | $16,663 | ▼ $71,052 |
| Accounts Receivable | $15,453 | $16,234 | ▲ $781 |
| Land, Buildings, and Equipment, Net | $5,230 | $2,515 | ▼ $2,715 |
| Prepaid Expenses and Deferred Charges | $3,545 | $550 | ▼ $2,995 |
| Total Assets | $174,561 | $146,713 | ▼ $27,848 |
| Liabilities | |||
| Deferred Revenue | $32,768 | $39,767 | ▲ $6,999 |
| Accounts Payable and Accrued Expenses | $73,012 | $13,228 | ▼ $59,784 |
| Total Liabilities | $105,780 | $52,995 | ▼ $52,785 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $68,781 | $93,718 | ▲ $24,937 |
| Total Net Assets Fund Balance | $68,781 | $93,718 | ▲ $24,937 |
| Total Liabilities and Net Assets / Fund Balance | $174,561 | $146,713 | ▼ $27,848 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $2,515 | $11,060 | $13,575 |
| Investment Program Related Org | $110,751 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Tom Stringham | Executive Di | FT | $155,000 | $28,333 | $183,333 |
| Tom Stringham | Executive Director | - | $155,000 | $45,323 | $183,333 |
| Ryan Davis | CFO | - | $13,200 | - | $13,200 |
| Name | Title |
|---|---|
| Taylor Randall | Chairman |
| Bruce Olsen | Director |
| Jack Brittain | Director |
| James Lee Sorenson | Director |
| Kent I Madsen | Director |
| Ladd E Christensen | Director |
| Mac Lapollette | Director |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $274,149 |
| Other Expenses | $87,299 |
| Grants and Similar Amounts Paid | $7,000 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $220,057 | $38,833 | - | $258,890 |
| Conferences and Meetings | $35,254 | - | - | $35,254 |
| Travel | $14,890 | $784 | - | $15,674 |
| Payroll Taxes | $12,970 | $2,289 | - | $15,259 |
| Grants to Domestic Individuals | $7,000 | - | - | $7,000 |
| Fees for Services Accounting | - | $4,500 | - | $4,500 |
| Office Expenses | $3,014 | $532 | - | $3,546 |
| Fees for Services Other | $2,152 | - | - | $2,152 |
| Other Expenses | $1,503 | $265 | - | $1,768 |
| Depreciation Depletion | $1,115 | $278 | - | $1,393 |
| Information Technology | $502 | $126 | - | $628 |
| Insurance | $501 | - | - | $501 |
| All Other Expenses | $175 | $31 | - | $206 |
| Total Functional Expenses | $316,638 | $51,810 | $0 | $368,448 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Kent madsen univ. Opportunity fund director investor lp investment james l sorenson univ. Opportunity fund director investor lp investment”
“Form 990 is provided to the executive director, cfo, and other officers/directors for review.”
“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.”
“Executive director's compensation is determined by a compensation committee.”
“Key employee compensation is determined by a compensation committee.”
“Governing documents and financials statements are available to the public upon request.”
“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.”
“Book / tax depreciation difference -1,321”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 73012 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 13228 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 15453 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 16234 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 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/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 31 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 175 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 206 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | RYAN DAVIS |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8015248939 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 15 W SOUTH TEMPLE SUITE 500 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | SALT LAKE CITY |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | UT |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 84101 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 87715 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 16663 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 38833 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 220057 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 258890 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 35254 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 35254 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 7000 |
| IRS990/CYInvestmentIncomeAmt | 0 | 29009 |
| IRS990/CYOtherExpensesAmt | 0 | 87299 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 338389 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -1050 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 274149 |
| IRS990/CYTotalExpensesAmt | 0 | 368448 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 367398 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 32768 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 39767 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 278 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 1115 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 1393 |
| IRS990/Desc | 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/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 2 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 316638 |
| IRS990/FamilyOrBusinessRlnInd | 0 | true |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 4500 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 4500 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 2152 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 2152 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 50.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 28333 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | JAMES LEE SORENSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | TAYLOR RANDALL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JACK BRITTAIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | LADD E CHRISTENSEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | KENT I MADSEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | BRUCE OLSEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | MAC LAPOLLETTE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | RYAN DAVIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | TOM STRINGHAM |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 13200 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 155000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | CFO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | EXECUTIVE DI |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 2001 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 28863 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GrantAmt | 0 | 7000 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 7000 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 7000 |
| IRS990/GrantsToIndividualsInd | 0 | true |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 28863 |
| IRS990/GrossReceiptsAmt | 0 | 367398 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 126 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 502 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 628 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 501 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 501 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 146 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 146 |
| IRS990/InvestmentInJointVentureInd | 0 | true |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 62618 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 110751 |
| IRS990/IRPDocumentCnt | 0 | 1 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 11060 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 5230 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 2515 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 13575 |
| IRS990/LegalDomicileStateCd | 0 | UT |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 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/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 68781 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 93718 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 28863 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 28863 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 27308 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 532 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 3014 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 3546 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -1321 |
| IRS990/OtherExpensesGrp/Desc | 0 | CONTRACT LABOR |
| IRS990/OtherExpensesGrp/Desc | 1 | TELECOM |
| IRS990/OtherExpensesGrp/Desc | 2 | BANK CHARGES |
| IRS990/OtherExpensesGrp/Desc | 3 | TELEPHONE |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1980 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 2192 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 265 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 11220 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 6285 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 1503 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 13200 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 6285 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 2192 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 1768 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 2289 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 12970 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 15259 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 3545 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 550 |
| IRS990/PrincipalOfficerNm | 0 | TOM STRINGHAM |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 523920 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 611430 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 523920 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | MANAGEMENT FEES |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | CONFERENCE SPONSORSHIP |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | CONFERENCE REGISTRATION |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | UNIV. OPPORTUNITY FUND LLC |
| IRS990/ProgramServiceRevenueGrp/Desc | 4 | UNIV. OPPORTUNITY FUND LLC |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 257742 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 43698 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 39855 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | -178 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 4 | -2728 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 257742 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 43698 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 39855 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | -178 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 4 | -2728 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 3000 |
| IRS990/PYInvestmentIncomeAmt | 0 | -280 |
| IRS990/PYOtherExpensesAmt | 0 | 161589 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 343504 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -157472 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 336107 |
| IRS990/PYTotalExpensesAmt | 0 | 500696 |
| IRS990/PYTotalRevenueAmt | 0 | 343224 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -1050 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | true |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 2515 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 11060 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 13575 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 0 | 110751 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 0 | INVESTMENT IN UNIVERSITY OPP. FUND |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 2515 |
| IRS990ScheduleD/TotalBookValueProgramRltdAmt | 0 | 110751 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | true |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 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/SupplementalInformationDetail/ExplanationTxt | 1 | KENT MADSEN UNIV. OPPORTUNITY FUND DIRECTOR INVESTOR LP INVESTMENT JAMES L SORENSON UNIV. OPPORTUNITY FUND DIRECTOR INVESTOR LP INVESTMENT |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | FORM 990 IS PROVIDED TO THE EXECUTIVE DIRECTOR, CFO, AND OTHER OFFICERS/DIRECTORS FOR REVIEW. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 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/SupplementalInformationDetail/ExplanationTxt | 4 | EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY A COMPENSATION COMMITTEE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | KEY EMPLOYEE COMPENSATION IS DETERMINED BY A COMPENSATION COMMITTEE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | GOVERNING DOCUMENTS AND FINANCIALS STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | BOOK / TAX DEPRECIATION DIFFERENCE -1,321 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART XI, LINE 9 |
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Displayed year
2014 • Form 990Detailed filing. Detailed filing data is available for this year.