STEPHENSON STELLAR CORPORATION: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- STEPHENSON STELLAR CORPORATION (EIN 83-2564586)
- Tax period
- 2021-07-01 to 2022-06-30
- Filed
- 2023-05-13
- IRS object ID
- 202301339349300045
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-05-13T11:55:19-05:00 | ReturnTs |
| Tax Period End | 2022-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 901 NORTH GLEBE ROAD SUITE 200 | AddressLine1Txt |
| City | ARLINGTON | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22203 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 832564586 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STEPHENSON STELLAR CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | STEP | BusinessNameControlTxt |
| Phone | 9048065935 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | INTERTECH PARK BOX 5 2031 KINGS H | AddressLine1Txt |
| City | SHREVEPORT | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 71103 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN B PURSLEY JR | PersonNm |
| Person Title | TREASURER/CFO | PersonTitleTxt |
| Phone | 9048065935 | PhoneNum |
| Signature | 2023-05-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JOHN | PersonFirstNm |
| Person Last | PURSLEY JR | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ROBERT WILLIAMS | PreparerPersonNm |
| PTIN | P01345960 | PTIN |
| Phone | 5712279500 | PhoneNum |
| Preparation | 2023-05-12 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JEFFREY MOULTON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | INTERTECH PARK BOX 5 2031 KINGS HWY | AddressLine1Txt |
| City | SHREVEPORT | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 71103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $13,130,757 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | HTTPS://STEPHENSONSTELLAR.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2018 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | RESEARCH AND DEVELOPMENT ORG FOCUSED ON OUR NATION REMAINING A GLOBAL LEADER IN THE SPACE DOMAIN. | ActivityOrMissionDesc |
| Voting Members Governing Body | 3 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 2 | VotingMembersIndependentCnt |
| Total Employee | 34 | TotalEmployeeCnt |
| Total Volunteers | 3 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $6,640,375 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $13,130,757 | CYProgramServiceRevenueAmt |
| PY Investment Income | $0 | PYInvestmentIncomeAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $6,640,375 | PYTotalRevenueAmt |
| CY Total Revenue | $13,130,757 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $5,100 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $9,825 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $4,076,924 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $5,569,913 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,751,453 | PYOtherExpensesAmt |
| CY Other Expenses | $7,301,312 | CYOtherExpensesAmt |
| PY Total Expenses | $5,833,477 | PYTotalExpensesAmt |
| CY Total Expenses | $12,881,050 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $806,898 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $249,707 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $3,925,054 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,693,079 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $798,952 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,317,270 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $3,126,102 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $3,375,809 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SSC WILL PROMOTE AND SUPPORT INNOVATION, TECHNOLOGY, RESEARCH AND THE COMMERCIALIZATION OF NEW AND EMERGING TECHNOLOGIES THROUGH COLLABORATIVE PARTNERSHIPS WITH INDUSTRY, EDUCATION, MILITARY, AND WORKFORCE DEVELOPMENT ORGANIZATIONS ACROSS MULTIPLE ADVANCED INDUSTRY SECTORS. THE CORPORATION'S OVERARCHING PURPOSE IS TO SERVE A PLATFORM THAT BRINGS TOGETHER THE GOVERNMENT, EDUCATIONAL INSTITUTIONS, AND INDUSTRY TO COLLABORATE ON TECHNOLOGY INNOVATIONS/MATURATION AND TO CREATE PRODUCTS FOR THE MARKET AND PROVIDE SKILL TRAINING IN NEW TECHNOLOGIES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $10,879,037 | ExpenseAmt |
| Grant | $9,825 | GrantAmt |
| Revenue | $13,130,757 | RevenueAmt |
| Desc | SSC UNDERTAKES SCIENTIFIC RESEARCH AND DEVELOPMENT ACTIVITIES FOR THE FEDERAL, STATE AND LOCAL GOVERNMENT, AGENCIES AND INSTRUMENTALITIES OF THE UNITED STATES OF AMERICA. SSC ALSO UNDERTAKES EDUCATIONAL AND OTHER ACTIVITIES TO PROMOTE THE USE OF THE BENEFITS OF SCIENTIFIC RESEARCH AND DEVELOPMENT BY THE AMERICAN INDUSTRIAL BASE. SSC MANAGES THE PERFORMANCE OF PRIME CONTRACTS, GRANTS AND COOPERATIVE AGREEMENTS OR PERFORMS SUBCONTRACTS PRIMARILY TO ASSIST THE FEDERAL GOVERNMENT IN ADDRESSING ISSUES, PARTICULARLY THOSE REQUIRING SCIENTIFIC AND TECHNICAL EXPERTISE. SSC PROVIDES PROFESSIONAL SERVICES PRIMARILY TO THE FEDERAL GOVERNMENT'S DEPARTMENT OF DEFENSE AND DEPARTMENT OF HOMELAND SECURITY. THE PROFESSIONAL SERVICES OF SSC INCLUDE, BUT ARE NOT LIMITED TO, RESEARCH AND DEVELOPMENT, TEST AND EVALUATION, OPERATIONS AND MAINTENANCE, SCIENTIFIC, ENGINEERING, LOGISTICS, ENVIRONMENTAL, INFORMATION TECHNOLOGY, AND CONSULTING SERVICES. | Desc |
| Total Program Service Expenses | $10,879,037 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (1) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 15 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 34 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 3 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 2 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEOSYSTEMS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9048065935 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1861 INTERNATIONAL DRIVE SUITE 200 | AddressLine1Txt |
| City | TYSONS CORNER | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 221024412 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| JEFFREY MOULTON | ||||||||
| CHAIR & PRESIDENT | 40.00 | Yes (X) | Yes (X) | $426,680 | $0 | $34,442 | ||
| JOSEPH HOMAN | ||||||||
| DIRECTOR TERM END 4/2022 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ED ANDERSON | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| LARRY SALTER | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN PURSLEY | ||||||||
| TREASURER & CFO | 15.00 | Yes (X) | $168,000 | $0 | $0 | |||
| RICHARD SCOTT DRAUGHON | ||||||||
| SECRETARY | 10.00 | Yes (X) | $166,000 | $0 | $0 | |||
| KEN SWELTZ | ||||||||
| EXECUTIVE DIRECTOR | 40.00 | $481,360 | $0 | $34,962 | Yes (X) | |||
| LOGAN MAYNARD | ||||||||
| PRINCIPAL ENGINEER | 40.00 | $274,291 | $0 | $28,235 | Yes (X) | |||
| IAN MORENO | ||||||||
| PRINCIPAL TECHNICAL DIRECTOR | 40.00 | $234,446 | $0 | $25,499 | Yes (X) | |||
| MARK KOHART | ||||||||
| PRINCIPAL TECHNICAL DIRECTOR | 40.00 | $240,550 | $0 | $19,994 | Yes (X) | |||
| MARTIN TAYLOR | ||||||||
| PRINCIPAL ENGINEER | 40.00 | $235,944 | $0 | $46,455 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,227,271 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $189,587 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 8 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| R2 SPACE LLC DBA ORBITAL EFFECTS | |||||
| 535 W WILLIAM ST STE 400S | ANN ARBOR | MI | 481034978 | RESEARCH AND DEVELOPMENT SERVICES | $2,173,181 |
| NASCENT RECOURSES CORPORATION | |||||
| 132 FAITH LANE | JOHNSTOWN | PA | 15905 | PURCHASING AGENT SERVICES | $740,446 |
| JB PURSLEY LLC | |||||
| 52 TUSCAN WAY SUITE 202-407 | SAINT AUGUSTINE | FL | 32092 | PROFESSIONAL SERVICES | $168,000 |
| MYTECHNOLOGYLAWYER | |||||
| 830-13 A1A N SUITE 381 | PONTE VEDRA BEACH | FL | 32082 | LEGAL SERVICES | $166,000 |
| NEOSYSTEMS | |||||
| 1861 INTERNATIONAL DRIVE SUITE 200 | TYSONS CORNER | VA | 22102 | ACCOUNTING SERVICES | $154,995 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CONTRACT REVENUE | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $13,130,757 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $13,130,757 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $13,130,757 | TotalProgramServiceRevenueAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,130,757 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $13,130,757 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,825 | TotalAmt |
| Program Services | $9,825 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $847,594 | TotalAmt |
| Program Services | $847,594 | ProgramServicesAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $334,000 | TotalAmt |
| Program Services | $334,000 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,631,187 | TotalAmt |
| Program Services | $1,569,038 | ProgramServicesAmt |
| Management And General | $1,062,149 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $379,996 | TotalAmt |
| Program Services | $379,996 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,104,767 | TotalAmt |
| Program Services | $1,104,767 | ProgramServicesAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $272,369 | TotalAmt |
| Program Services | $272,369 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $152,730 | TotalAmt |
| Management And General | $152,730 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $187,355 | TotalAmt |
| Management And General | $187,355 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,584,208 | TotalAmt |
| Program Services | $5,438,212 | ProgramServicesAmt |
| Management And General | $145,996 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,537 | TotalAmt |
| Program Services | $10,537 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $180,584 | TotalAmt |
| Program Services | $131,864 | ProgramServicesAmt |
| Management And General | $48,720 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $114 | TotalAmt |
| Management And General | $114 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $338,343 | TotalAmt |
| Program Services | $122,486 | ProgramServicesAmt |
| Management And General | $215,857 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $434,570 | TotalAmt |
| Program Services | $295,905 | ProgramServicesAmt |
| Management And General | $138,665 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,148 | TotalAmt |
| Program Services | $17,332 | ProgramServicesAmt |
| Management And General | $14,816 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,503 | TotalAmt |
| Management And General | $31,503 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| MEALS & ENTERTAINMENT E | $101,691 | $101,691 | |
| DUES & SUBSCRIPTIONS | $98,981 | $94,873 | $4,108 |
| OTHER | $87,925 | $87,925 | |
| DIRECT MATERIALS | $46,824 | $46,824 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,799 | TotalAmt |
| Program Services | $13,799 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,881,050 | TotalAmt |
| Program Services | $10,879,037 | ProgramServicesAmt |
| Management And General | $2,002,013 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,749,563 | BOYAmt |
| EOY | $2,557,963 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $535,015 | BOYAmt |
| EOY | $535,181 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,528,130 | BOYAmt |
| EOY | $1,411,385 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $95,646 | BOYAmt |
| EOY | $147,070 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,700 | BOYAmt |
| EOY | $41,480 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,925,054 | BOYAmt |
| EOY | $4,693,079 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $791,954 | BOYAmt |
| EOY | $1,317,270 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,998 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $798,952 | BOYAmt |
| EOY | $1,317,270 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,126,102 | BOYAmt |
| EOY | $3,375,809 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,126,102 | BOYAmt |
| EOY | $3,375,809 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,925,054 | BOYAmt |
| EOY | $4,693,079 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $249,707 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $502,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,500,000 | CurrentTaxYearMinus2YearsAmt |
| Total | $2,002,000 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $161,814 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,544,572 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,640,375 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,130,757 | CurrentTaxYearAmt |
| Total | $23,477,518 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $663,814 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,044,572 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,640,375 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,130,757 | CurrentTaxYearAmt |
| Total | $25,479,518 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $25,479,518 | PublicSupportTotal509Amt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $663,814 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,044,572 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,640,375 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,130,757 | CurrentTaxYearAmt |
| Total | $25,479,518 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| First5 Years509 | Yes (X) | First5Years509Ind |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $13,130,757 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $13,130,757 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $13,130,757 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $12,881,050 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $12,881,050 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $12,881,050 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | STELLAR QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION FOR INTERNAL REVENUE SERVICE PURPOSES. SUCH ORGANIZATIONS ARE TAXED ONLY ON UNRELATED BUSINESS INCOME. STELLAR HAS NO UNRELATED BUSINESS INCOME; THEREFORE, NO TAX PROVISION HAS BEEN ESTABLISHED. STELLAR HAS EVALUATED THE EFFECT OF GUIDANCE IN ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (ASC 740-10). MANAGEMENT BELIEVES THAT THE COMPANY CONTINUES TO SATISFY THE REQUIREMENTS OF A TAX-EXEMPT ORGANIZATION AT JUNE 30, 2022 AND 2021. MANAGEMENT HAS EVALUATED ALL OTHER TAX POSITIONS THAT COULD HAVE A SIGNIFICANT EFFECT ON THE FINANCIAL STATEMENTS AND DETERMINED STELLAR HAD NO UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2022 AND 2021. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TIGER ATHLETIC FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 711 | AddressLine1Txt |
| City | BATON ROUGE | CityNm |
| State Abbreviation | LA | StateAbbreviationCd |
| ZIP | 70821 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 721004960 | RecipientEIN |
| IRC Section | 501(C)(3) | IRCSectionDesc |
| Cash Grant | $9,200 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Valuation Method Used | CASH | ValuationMethodUsedDesc |
| Purpose Of Grant | CHARITABLE CONTRIBUTION | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | 0 | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | 0 | SubstantiationRequiredInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KEN SWELTZ | ||||||||||||||
| EXECUTIVE DIRECTOR | $461,360 | $0 | $20,000 | $0 | $0 | $0 | $33,465 | $0 | $1,497 | $0 | $516,322 | $0 | $0 | $0 |
| JEFFREY MOULTON | ||||||||||||||
| CHAIR & PRESIDENT | $303,680 | $0 | $123,000 | $0 | $0 | $0 | $12,800 | $0 | $21,642 | $0 | $461,122 | $0 | $0 | $0 |
| LOGAN MAYNARD | ||||||||||||||
| PRINCIPAL ENGINEER | $258,291 | $0 | $16,000 | $0 | $0 | $0 | $13,020 | $0 | $15,215 | $0 | $302,526 | $0 | $0 | $0 |
| MARTIN TAYLOR | ||||||||||||||
| PRINCIPAL ENGINEER | $229,944 | $0 | $6,000 | $0 | $0 | $0 | $7,078 | $0 | $39,377 | $0 | $282,399 | $0 | $0 | $0 |
| MARK KOHART | ||||||||||||||
| PRINCIPAL TECHNICAL DIRECTOR | $224,550 | $0 | $16,000 | $0 | $0 | $0 | $19,274 | $0 | $720 | $0 | $260,544 | $0 | $0 | $0 |
| IAN MORENO | ||||||||||||||
| PRINCIPAL TECHNICAL DIRECTOR | $218,446 | $0 | $16,000 | $0 | $0 | $0 | $23,139 | $0 | $2,360 | $0 | $259,945 | $0 | $0 | $0 |
| JOHN PURSLEY | ||||||||||||||
| TREASURER & CFO | $168,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $168,000 | $0 | $0 | $0 |
| RICHARD SCOTT DRAUGHON | ||||||||||||||
| SECRETARY | $166,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $166,000 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | THE COMPANY EXECUTIVE MANAGEMENT TEAM EMPLOYEE FRINGE BENEFIT & PERKS INCLUDES FIRST-CLASS AIR TRAVEL FOR COMPANY FUNCTIONS. THIS IS EXPENSED AS INDIRECT TRAVEL AND IS NOT INCLUDED ON THE RECIPIENTS W2. THE COMPANY EXECUTIVE MANAGEMENT TEAM EMPLOYEE FRINGE BENEFIT & PERKS INCLUDES CLUB MEMBERSHIP. THIS IS EXPENSED AS AN ALLOWABLE EMPLOYEE MORALE AND IS NOT INCLUDED ON THE RECIPIENTS W2. | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| MYTECHNOLOGYLAWYER | |||
| OFFICER OF ORGANIZATION IS OWNER OF MYTECHNOLOGYLAWER | $166,000 | LEGAL SERVICES | 0 |
| JB PURSLEY LLC | |||
| OFFICER OF ORGANIZATION IS OWNER OF JB PURSLEY, LLC | $168,000 | PROFESSIONAL SERVICES | 0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 8B | THE ORGANIZATION HAS NO COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE TREASURER REVIEWS THE DRAFT FORM 990 AND SENDS TO ENTIRE BOARD OF DIRECTORS FOR THEIR REVIEW AND COMMENTS PRIOR TO FILING WITH IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | ANNUALLY THE BOARD OF DIRECTORS MUST COMPLETE AND SIGN A CONFLICT OF INTEREST DISCLOSURE AND CODE OF ETHICS & BUSINESS CONDUCT POLICY IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF HIS OR HER FINANCIAL INTEREST AND ALL MATERIAL FACTS TO THE BOARD OF DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE OR SHE SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMANING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. AFTER EXERCISING DUE DILIGENCE, THE BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE CORPORATION CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD OF DIRECTORS SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE COMPANY'S BEST INTEREST AND FOR ITS OWN BENEFIT AND WHETHER THE TRANSACTION IS FAIR AND REASONABLE TO THE CORPORATION AND SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH SUCH DETERMINATION. CONFLICT OF INTEREST POLICY IS TO BE ENFORCED BY BOARD OF DIRECTORS AND ANY VIOLATION WILL BE REPORTED TO SCOTT DRAUGHON, SECRETARY. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF DIRECTORS REVIEWS AND APPROVES COMPENSATION BY USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING FOR DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION IS MAINTAINED. PROFESSIONAL HIRES ARE COMPENSATED USING INDUSTRY STANDARDS AND REVIEWED BY THE CEO AND CFO. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC DURING THE TAX YEAR AT ITS OFFICES AND BY REQUEST IN WRITING TO THE ORGANIZATION. |
| FORM 990, PART VII SECTION A: | THE COMPENSATION REPORTED ON PART VII FOR JOHN PURSLEY AND RICHARD DRAUGHON ARE PAYMENTS MADE FOR PROFESSIONAL SERVICES RENDERED TO THE ORGANIZATION, AND DO NOT REFLECT COMPENSATION PAID FOR SERVICES RENDERED AS OFFICERS OF THE ORGANIZATION. |
| FORM 990, PART IX, LINE 11G | OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 5,438,212. MANAGEMENT AND GENERAL EXPENSES 145,996. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,584,208. |
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