Liabilities / Assets
78th percentile
Higher debt load relative to assets than 78% of similar nonprofits.
990 • Fiscal year 2015 • EIN 87-0680932
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
78th percentile
Higher debt load relative to assets than 78% of similar nonprofits.
Liabilities / Revenue
70th percentile
Higher debt load relative to revenue than 70% of similar nonprofits.
Net Margin
39th percentile
Higher net margin than 39% of similar nonprofits.
Top Officer Pay
99th percentile
Higher top officer pay than 99% of similar nonprofits.
Top officer pay equals 43.6% of source-year revenue.
Asset Growth
10th percentile
Faster asset growth than 10% of similar nonprofits.
Revenue Growth
38th percentile
Faster revenue growth than 38% of similar nonprofits.
Assets
Down$99,188
Down $47,525 (-32%) from 2014
Net Assets
Down$87,371
Down $6,347 (-6.8%) from 2014
Liabilities
Down$11,817
Down $41,178 (-78%) from 2014
Revenue
Down$350,004
Down $17,394 (-4.7%) from 2014
Expenses
Down$352,138
Down $16,310 (-4.4%) from 2014
Net Income
Down-$2,134
Down $1,084 (-103%) from 2014
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 | $110,751 | $90,977 | ▼ $19,774 |
| Accounts Receivable | $16,234 | - | - |
| Cash and Non-Interest-Bearing Accounts | $16,663 | $8,211 | ▼ $8,452 |
| Land, Buildings, and Equipment, Net | $2,515 | - | - |
| Prepaid Expenses and Deferred Charges | $550 | - | - |
| Total Assets | $146,713 | $99,188 | ▼ $47,525 |
| Liabilities | |||
| Deferred Revenue | $39,767 | - | - |
| Accounts Payable and Accrued Expenses | $13,228 | $11,817 | ▼ $1,411 |
| Total Liabilities | $52,995 | $11,817 | ▼ $41,178 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $93,718 | $87,371 | ▼ $6,347 |
| Total Net Assets Fund Balance | $93,718 | $87,371 | ▼ $6,347 |
| Total Liabilities and Net Assets / Fund Balance | $146,713 | $99,188 | ▼ $47,525 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | - | $13,575 | $13,575 |
| Investment Program Related Org | $90,977 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Tom Stringham | Exec. Director ( | FT | $130,064 | $22,658 | $152,722 |
| Tom Stringham | Exec. Director (former) | - | $130,064 | $22,658 | $152,722 |
| Jeramy Lund | Managing Director | PT | $20,417 | - | $20,417 |
| Ryan Davis | CFO | - | $13,200 | - | $13,200 |
| Name | Title |
|---|---|
| Taylor Randall | Chairman |
| James Lee Sorenson | Director |
| Ladd E Christensen | Director |
| Mac Lapollette | Director |
| Tom Miner | Director |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $241,176 |
| Other Expenses | $104,962 |
| Grants and Similar Amounts Paid | $6,000 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $193,354 | $34,120 | - | $227,474 |
| Conferences and Meetings | $53,980 | - | - | $53,980 |
| Payroll Taxes | $11,647 | $2,055 | - | $13,702 |
| Fees for Services Legal | $12,080 | $1,342 | - | $13,422 |
| Travel | $8,098 | $426 | - | $8,524 |
| Grants to Domestic Individuals | $6,000 | - | - | $6,000 |
| Fees for Services Accounting | - | $3,675 | - | $3,675 |
| Fees for Services Other | $1,833 | - | - | $1,833 |
| Depreciation Depletion | $1,114 | $278 | - | $1,392 |
| Other Expenses | $467 | $83 | - | $550 |
| Office Expenses | $314 | $56 | - | $370 |
| Information Technology | $274 | $68 | - | $342 |
| Insurance | $326 | - | - | $326 |
| All Other Expenses | $10 | $2 | - | $12 |
| Total Functional Expenses | $306,600 | $45,538 | $0 | $352,138 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“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 financial 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 -1,123 total -1,123”
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 | 13228 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 11817 |
| IRS990/AccountsReceivableGrp/BOYAmt | 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 | 2 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 10 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 12 |
| 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 | 16663 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 8211 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 34120 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 193354 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 227474 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 53980 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 53980 |
| 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 | 6000 |
| IRS990/CYInvestmentIncomeAmt | 0 | -32446 |
| IRS990/CYOtherExpensesAmt | 0 | 104962 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 382450 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -2134 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 241176 |
| IRS990/CYTotalExpensesAmt | 0 | 352138 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 350004 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 39767 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 278 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 1114 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 1392 |
| 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 | 3 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 306600 |
| IRS990/FamilyOrBusinessRlnInd | 0 | true |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 3675 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 3675 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 1342 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 12080 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 13422 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 1833 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 1833 |
| 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 | 50.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 20.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 4.00 |
| 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/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | 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 | 22658 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | JAMES LEE SORENSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | TAYLOR RANDALL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | LADD E CHRISTENSEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | MAC LAPOLLETTE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | TOM MINER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | TOM STRINGHAM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | JERAMY LUND |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | RYAN DAVIS |
| 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 | 130064 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 20417 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 13200 |
| 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/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 | EXEC. DIR. ( |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | MANAGING DIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | CFO |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 2001 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | -32446 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GrantAmt | 0 | 6000 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 6000 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 6000 |
| IRS990/GrantsToIndividualsInd | 0 | true |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 382450 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 4 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 68 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 274 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 342 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 326 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 326 |
| IRS990/InvestmentInJointVentureInd | 0 | true |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 110751 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 90977 |
| IRS990/IRPDocumentCnt | 0 | 2 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 13575 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 2515 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 13575 |
| IRS990/LegalDomicileStateCd | 0 | UT |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 32446 |
| 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 | 93718 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 87371 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | -32446 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -32446 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | -3090 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 56 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 314 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 370 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -1123 |
| 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 | 1453 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 83 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 11220 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 5883 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 467 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 13200 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 5883 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 1453 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 550 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 2055 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 11647 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 13702 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 550 |
| IRS990/PrincipalOfficerNm | 0 | JERAMY LUND |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 523920 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 523920 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 611430 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 523920 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | MANAGEMENT FEES |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | REIMBURSEMENT - INSURANCE |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | CONFERENCE SPONSORSHIP |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | CONFERENCE REGISTRATION |
| IRS990/ProgramServiceRevenueGrp/Desc | 4 | UNIV. OPPORTUNITY FUND LLC |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 229871 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 72498 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 46075 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 37859 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 4 | -1431 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 229871 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 72498 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 46075 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 37859 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 4 | -1431 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 7000 |
| IRS990/PYInvestmentIncomeAmt | 0 | 29009 |
| IRS990/PYOtherExpensesAmt | 0 | 87299 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 338389 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -1050 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 274149 |
| IRS990/PYTotalExpensesAmt | 0 | 368448 |
| IRS990/PYTotalRevenueAmt | 0 | 367398 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -2134 |
| 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/DepreciationAmt | 0 | 13575 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 13575 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 0 | 90977 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 0 | INVESTMENT IN UNIVERSITY OPP. FUND |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/TotalBookValueProgramRltdAmt | 0 | 90977 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | true |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt | 0 | 6000 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 0 | SCHOLARSHIPS FOR STUDENTS |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt | 0 | 4 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | false |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | false |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | false |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | false |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | false |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | false |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | false |
| IRS990/ScheduleJRequiredInd | 0 | true |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 130064 |
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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 | 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 FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | BOOK / TAX DEPRECIATION DIFFERENCE -1,123 TOTAL -1,123 |
| 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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| ReturnHeader/BuildTS | 0 | 2016-09-27 15:27:22Z |
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Displayed year
2015 • Form 990Detailed filing. Detailed filing data is available for this year.