CHARLES STARK DRAPER LABORATORY INC: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- CHARLES STARK DRAPER LABORATORY INC (EIN 04-2505372)
- Tax period
- 2021-06-26 to 2022-07-01
- Filed
- 2023-05-14
- IRS object ID
- 202341349349300199
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule L
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-05-14T17:58:02-05:00 | ReturnTs |
| Tax Period End | 2022-07-01 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 366055558 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 75 STATE ST 13TH FLOOR | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02109 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-06-26 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042505372 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARLES STARK DRAPER LABORATORY INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHAR | BusinessNameControlTxt |
| Phone | 6172581000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 TECHNOLOGY SQUARE MS 34 | AddressLine1Txt |
| City | CAMBRIDGE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02139 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHRISTINE ALBERTELLI | PersonNm |
| Person Title | CFO & TRES. | PersonTitleTxt |
| Phone | 6172581870 | 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 | CHRISTINE | PersonFirstNm |
| Person Last | ALBERTELLI | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ERIN COUTURE | PreparerPersonNm |
| PTIN | P01390592 | PTIN |
| Phone | 6177237900 | PhoneNum |
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) |
|---|---|---|
| Amended Return | Yes (X) | AmendedReturnInd |
| Principal Officer | JERRY WOHLETZ | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 TECHNOLOGY SQUARE MS 34 | AddressLine1Txt |
| City | CAMBRIDGE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02139 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $780,930,567 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.DRAPER.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1973 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | PIONEER IN THE APPLICATION OF SCIENCE AND TECHNOLOGY IN THE NATIONAL INTEREST. | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 2212 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $114,239 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $72,856 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,050,415 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,319,072 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $718,901,116 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $648,045,469 | CYProgramServiceRevenueAmt |
| PY Investment Income | $16,783,565 | PYInvestmentIncomeAmt |
| CY Investment Income | $9,717,169 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,287,810 | PYOtherRevenueAmt |
| CY Other Revenue | $10,202,714 | CYOtherRevenueAmt |
| PY Total Revenue | $741,022,906 | PYTotalRevenueAmt |
| CY Total Revenue | $673,284,424 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $3,230,179 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $3,409,542 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $331,054,204 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $324,453,855 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $375,999,739 | PYOtherExpensesAmt |
| CY Other Expenses | $325,779,134 | CYOtherExpensesAmt |
| PY Total Expenses | $710,284,122 | PYTotalExpensesAmt |
| CY Total Expenses | $653,642,531 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $30,738,784 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $19,641,893 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $683,581,113 | TotalAssetsBOYAmt |
| Total Assets EOY | $675,703,596 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $259,174,780 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $244,295,693 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $424,406,333 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $431,407,903 | NetAssetsOrFundBalancesEOYAmt |
| Mission | DRAPER'S ENGINEERS DESIGN, DEVELOP AND DEPLOY ADVANCED TECHNOLOGY SOLUTIONS FOR THE WORLD'S MOST DIFFICULT AND IMPORTANT PROBLEMS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $321,897,179 | ExpenseAmt |
| Grant | $229,590 | GrantAmt |
| Revenue | $378,278,459 | RevenueAmt |
| Desc | STRATEGIC SYSTEMS: WHEN THE NATION NEEDS DETERRENCE THAT WORKS, IT RELIES ON DRAPER. WE DEVELOP, TEST AND DELIVER THE WORLD'S MOST ACCURATE AND RELIABLE GUIDANCE, NAVIGATION & CONTROL SYSTEMS; RADIATION-HARDENED ELECTRONICS; PRECISION SENSORS AND CYBER RESILIENCE TO DRIVE MISSION SUCCESS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $217,792,171 | ExpenseAmt |
| Grant | $1,225,437 | GrantAmt |
| Revenue | $255,939,139 | RevenueAmt |
| Desc | NATIONAL SECURITY & SPACE: FROM PIONEERING PRECISION GUIDANCE FOR MUNITIONS, DESIGNING AUTONOMY ARCHITECTURE FOR UNMANNED UNDERSEA VEHICLES, ADVANCING CELESTIAL NAVIGATION TECHNOLOGY, DEVELOPING ALGORITHMS FOR GEOSPATIAL INTELLIGENCE ANALYSIS, DEVISING BOTH HARDWARE AND SOFTWARE CYBER SECURITY FOR EMBEDDED SYSTEMS - AND MORE, WE COLLABORATE WITH OUR CUSTOMER TO ENSURE THEY HAVE THE CAPABILITIES THEY NEED WHEN THEY NEED THEM. IN SPACE, WE CONTINUE TO SUPPORT HUMANKIND'S DESIRE TO SURPASS THE BOUNDARIES OF OUR PLANET. DRAPER ENGINEERS SOLUTIONS THAT ENABLE SPACE EXPLORATION. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $11,766,868 | ExpenseAmt |
| Grant | $1,954,515 | GrantAmt |
| Revenue | $13,827,871 | RevenueAmt |
| Desc | COMMERCIAL PROGRAMS: FOR MORE THAN 80 YEARS, DRAPER HAS DELIVERED NEW CAPABILITIES TO SUPPORT U.S. NATIONAL SECURITY. IN OFTEN CHALLENGING ENVIRONMENTS, WHEN LIVES ARE ON THE LINE, YOUR TECHNOLOGIES HAVE TO WORK. MANY OF THE TOOLS AND CAPABILITIES DELIVERED FOR OUR NATIONAL SECURITY CUSTOMERS MAY BE APPLIED TO SOLVE CHALLENGES IN THE COMMERCIAL SECTOR. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $551,456,218 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | 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 | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | 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 | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | 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 | 201 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 2212 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| 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 | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | 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 | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | 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 |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILLIAM BARNES | PersonNm |
| Phone | 6172584475 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 TECHNOLOGY SQUARE MS 34 | AddressLine1Txt |
| City | CAMBRIDGE | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02139 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (31 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| WILLIAM A LAPLANTE | ||||||||||
| PRESIDENT AND CEO-END APR 2022 | 40.00 | 0.00 | Yes (X) | Yes (X) | $855,468 | $0 | $30,892 | |||
| BARBARA STEVENS | ||||||||||
| DIRECTOR - BEG OCT 2021 | 3.00 | 0.00 | Yes (X) | $181,375 | $0 | $0 | ||||
| DAVID R SHEDD | ||||||||||
| CHAIRMAN | 5.00 | 0.00 | Yes (X) | $77,917 | $0 | $0 | ||||
| JOANNE M MAGUIRE | ||||||||||
| DIRECTOR | 3.00 | 0.00 | Yes (X) | $50,000 | $0 | $0 | ||||
| BETTY SAPP | ||||||||||
| DIRECTOR | 3.00 | 0.00 | Yes (X) | $46,000 | $0 | $0 | ||||
| DAVID B ARONOFF | ||||||||||
| DIRECTOR | 3.00 | 0.00 | Yes (X) | $44,000 | $0 | $0 | ||||
| LT GEN RET FRANCIS KEARNEY | ||||||||||
| DIRECTOR | 3.00 | 0.00 | Yes (X) | $44,000 | $0 | $0 | ||||
| TERRY J BENEDICT | ||||||||||
| DIRECTOR | 3.00 | 0.00 | Yes (X) | $42,000 | $0 | $0 | ||||
| D RICK WILLIAMS | ||||||||||
| DIRECTOR | 3.00 | 0.00 | Yes (X) | $42,000 | $0 | $0 | ||||
| CYNTHIA COLLINS | ||||||||||
| DIRECTOR -BEG OCT 2021 | 3.00 | 0.00 | Yes (X) | $34,000 | $0 | $0 | ||||
| LENA G GOLDBERG | ||||||||||
| DIRECTOR-END OCT 2021 | 3.00 | 0.00 | Yes (X) | $33,500 | $0 | $0 | ||||
| GARY S MAY | ||||||||||
| DIRECTOR-END SEP 2021 | 3.00 | 0.00 | Yes (X) | $30,000 | $0 | $0 | ||||
| WANDA A SIGUR | ||||||||||
| DIRECTOR | 3.00 | 0.00 | Yes (X) | $10,000 | $0 | $0 | ||||
| ANTHONY S KOURPENIS | ||||||||||
| VP OF ENGINEERING | 40.00 | 0.00 | Yes (X) | $466,921 | $0 | $64,768 | ||||
| NEIL J ADAMS | ||||||||||
| VP NATIONAL SECURITY & SPACE | 40.00 | 0.00 | Yes (X) | $456,263 | $0 | $65,599 | ||||
| CHRISTINE ALBERTELLI | ||||||||||
| CHIEF FINANCIAL OFFICER, TREASURER | 40.00 | 0.00 | Yes (X) | $433,225 | $0 | $65,597 | ||||
| TARA S CLARK | ||||||||||
| PRES & CEO-APR-JUN 2022 | 40.00 | 0.00 | Yes (X) | $400,744 | $0 | $49,750 | ||||
| ALEXA ADAMS | ||||||||||
| SECR.,VP & GEN COUNSEL-END SEP 2022 | 40.00 | 0.00 | Yes (X) | $370,215 | $0 | $62,643 | ||||
| RICHARD J RUSSELL | ||||||||||
| VP FOR ENGINEERING -END OCT 2021 | 40.00 | 0.00 | Yes (X) | $316,325 | $0 | $52,999 | ||||
| JERRY WOHLETZ | ||||||||||
| PRESIDENT AND CEO -BEG JUNE 2022 | 40.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| SARAH B LEEPER | ||||||||||
| PRINCIPAL DIRECTOR, DEFENSE SYSTEMS | 40.00 | 0.00 | $309,304 | $0 | $58,036 | Yes (X) | ||||
| ROBERT A LARSEN | ||||||||||
| PRINCIPAL DIRECTOR, SPECIAL PROGRAMS | 40.00 | 0.00 | $323,115 | $0 | $42,755 | Yes (X) | ||||
| ROBERT BACON | ||||||||||
| ACTING VP FOR STRATEGIC SYSTEMS | 40.00 | 0.00 | $261,501 | $0 | $54,782 | Yes (X) | ||||
| NANCY LIGHTBODY | ||||||||||
| VP & CHIEF HUMAN RESOURCES OFFICER | 40.00 | 0.00 | $368,857 | $0 | $59,762 | Yes (X) | ||||
| ALEXANDER C EDSALL | ||||||||||
| PRINCIPAL DIRECTOR | 40.00 | 0.00 | $360,119 | $0 | $48,204 | Yes (X) | ||||
| FRANK J SERNA | ||||||||||
| PRINCIPAL DRECTOR | 40.00 | 0.00 | $357,422 | $0 | $49,754 | Yes (X) | ||||
| MICHAEL F CRONES | ||||||||||
| CHIEF OF STAFF -END JAN 2022 | 40.00 | 0.00 | $340,098 | $0 | $59,767 | Yes (X) | ||||
| JOSEPH KOCHOCKI | ||||||||||
| DISTINGUISHED MEMBER TECHNICAL STAFF | 40.00 | 0.00 | $360,091 | $0 | $14,319 | Yes (X) | ||||
| ELIZABETH MORA | ||||||||||
| FMR CAO | 0.00 | 0.00 | $861,941 | $0 | $0 | Yes (X) | ||||
| STEVEN DITULLIO | ||||||||||
| FMR VP FOR STRATEGIC SYSTEMS | 0.00 | 0.00 | $793,114 | $0 | $0 | Yes (X) | ||||
| ROBERT DURKIN | ||||||||||
| PRINCIPAL DIR. ADMINISTRATION | 40.00 | 0.00 | $285,058 | $0 | $27,671 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $8,554,573 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $807,298 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1330 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | 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 |
|---|---|---|---|---|---|
| ELYSIAN TECHNOLOGY INC | |||||
| 22A GREELEY STREET | MERRIMACK | NH | 03054 | COMPUTER HARDWARE | $5,220,470 |
| CADENCE DESIGN SYSTEMS INC | |||||
| 266 SEELY AVENUE | SAN JOSE | CA | 95134 | SOFTWARE | $4,879,490 |
| SIEMENS INDUSTRY SOFTWARE INC | |||||
| 5800 GRANITE PKWY STE 800 | PLANO | TX | 75024 | SOFTWARE | $3,067,960 |
| THE MATHWORKS INC | |||||
| 3 APPLE HILL DRIVE | NATICK | MA | 01760 | SOFTWARE | $2,837,931 |
| ANALOG DEVICES INC | |||||
| 1 ANALOG WAY | WILMINGTON | MA | 01887 | MATERIALS AND SUPPLIES | $2,834,892 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 153 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $3,203,492 | GovernmentGrantsAmt |
| All Other Contributions | $2,115,580 | AllOtherContributionsAmt |
| Total Contributions | $5,319,072 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| STRATEGIC SYSTEMS | 541700 | $378,278,459 | $378,278,459 |
| NATIONAL SECURITY & SP | 541700 | $255,939,139 | $255,939,139 |
| COMMERCIAL PROGRAMS | 541700 | $13,827,871 | $13,827,871 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $648,045,469 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,817,656 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $114,239 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,703,417 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,237,752 | TotalRevenueColumnAmt |
| Exclusion | $5,237,752 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $5,726,524 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $761,562 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $4,964,962 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,964,962 | TotalRevenueColumnAmt |
| Exclusion | $4,964,962 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $114,784,094 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $106,884,581 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $7,899,513 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,899,513 | TotalRevenueColumnAmt |
| Exclusion | $7,899,513 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $673,284,424 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $648,045,469 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $114,239 | UnrelatedBusinessRevenueAmt |
| Exclusion | $19,805,644 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,409,542 | TotalAmt |
| Program Services | $3,409,542 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,134,764 | TotalAmt |
| Management And General | $5,134,764 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $87,388 | TotalAmt |
| Program Services | $87,388 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $231,836,123 | TotalAmt |
| Program Services | $199,845,010 | ProgramServicesAmt |
| Management And General | $31,991,113 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,544,620 | TotalAmt |
| Program Services | $20,517,165 | ProgramServicesAmt |
| Management And General | $6,027,455 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,939,651 | TotalAmt |
| Program Services | $30,085,304 | ProgramServicesAmt |
| Management And General | $11,854,347 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,911,309 | TotalAmt |
| Program Services | $15,579,895 | ProgramServicesAmt |
| Management And General | $3,331,414 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,755,708 | TotalAmt |
| Program Services | $1,742,300 | ProgramServicesAmt |
| Management And General | $2,013,408 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $483,389 | TotalAmt |
| Management And General | $483,389 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,097,070 | TotalAmt |
| Management And General | $1,097,070 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,416,391 | TotalAmt |
| Program Services | $6,521,372 | ProgramServicesAmt |
| Management And General | $895,019 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $794,208 | TotalAmt |
| Management And General | $794,208 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,069,826 | TotalAmt |
| Program Services | $1,866,062 | ProgramServicesAmt |
| Management And General | $203,764 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,471,665 | TotalAmt |
| Program Services | $24,018,511 | ProgramServicesAmt |
| Management And General | $1,453,154 | ManagementAndGeneralAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $455,466 | TotalAmt |
| Program Services | $455,466 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,937,888 | TotalAmt |
| Program Services | $2,526,541 | ProgramServicesAmt |
| Management And General | $9,411,347 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,465,599 | TotalAmt |
| Program Services | $2,889,633 | ProgramServicesAmt |
| Management And General | $575,966 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $133,132 | TotalAmt |
| Program Services | $90,012 | ProgramServicesAmt |
| Management And General | $43,120 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,129,646 | TotalAmt |
| Management And General | $4,129,646 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,086,913 | TotalAmt |
| Program Services | $13,941,483 | ProgramServicesAmt |
| Management And General | $15,145,430 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,505,725 | TotalAmt |
| Program Services | $42,675 | ProgramServicesAmt |
| Management And General | $1,463,050 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| SUBCONTRACTS | $170,310,670 | $170,310,670 | |
| OTHER MATERIALS | $30,769,266 | $30,737,692 | $31,574 |
| OTHER INDIRECT | $18,502,250 | $17,719,058 | $783,192 |
| OUTSIDE SERVICES | $14,394,322 | $9,070,439 | $5,323,883 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $653,642,531 | TotalAmt |
| Program Services | $551,456,218 | ProgramServicesAmt |
| Management And General | $102,186,313 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $66,026,485 | BOYAmt |
| EOY | $115,571,681 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $143,652,962 | BOYAmt |
| EOY | $118,938,460 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $275,624 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,461,845 | BOYAmt |
| EOY | $36,070,549 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $547,356,460 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $323,785,112 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $228,474,569 | BOYAmt |
| EOY | $223,571,348 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $202,708,416 | BOYAmt |
| EOY | $174,664,609 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,116 | BOYAmt |
| EOY | $32,838 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,930,096 | BOYAmt |
| EOY | $6,854,111 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $683,581,113 | BOYAmt |
| EOY | $675,703,596 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $107,158,708 | BOYAmt |
| EOY | $99,078,615 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,248,043 | BOYAmt |
| EOY | $36,189,269 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,290,794 | BOYAmt |
| EOY | $8,142,523 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $98,987,770 | BOYAmt |
| EOY | $96,045,338 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,489,465 | BOYAmt |
| EOY | $4,839,948 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $259,174,780 | BOYAmt |
| EOY | $244,295,693 | 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 | $424,406,333 | BOYAmt |
| EOY | $431,407,903 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $424,406,333 | BOYAmt |
| EOY | $431,407,903 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $683,581,113 | BOYAmt |
| EOY | $675,703,596 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $19,641,893 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$32,608,911 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $19,968,588 | 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 | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,183,775 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,228,028 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,503,751 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,050,415 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,319,072 | CurrentTaxYearAmt |
| Total | $15,285,041 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $46,493,881 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $54,141,021 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $29,617,461 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $27,703,989 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $28,382,486 | CurrentTaxYearAmt |
| Total | $186,338,838 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $49,677,656 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $55,369,049 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $32,121,212 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $30,754,404 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $33,701,558 | CurrentTaxYearAmt |
| Total | $201,623,879 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $201,623,879 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,459,831 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,394,646 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,793,426 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,829,101 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $12,781,932 | CurrentTaxYearAmt |
| Total | $41,258,936 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $242,882,815 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $3,245,971,964 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.83010 | PublicSupportCY170Pct |
| Public Support PY170 | 0.84300 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $32,495,864 | OtherCostOrOtherBasisAmt |
| Book Value | $32,495,864 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $248,749,533 | OtherCostOrOtherBasisAmt |
| Depreciation | $121,849,515 | DepreciationAmt |
| Book Value | $126,900,018 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,503,273 | OtherCostOrOtherBasisAmt |
| Depreciation | $9,060,853 | DepreciationAmt |
| Book Value | $1,442,420 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $226,007,278 | OtherCostOrOtherBasisAmt |
| Depreciation | $191,113,134 | DepreciationAmt |
| Book Value | $34,894,144 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $29,600,512 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,761,610 | DepreciationAmt |
| Book Value | $27,838,902 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $223,571,348 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCRUED POST RETIREMENT BENEFITS | Desc |
| Amt | $4,839,948 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $4,839,948 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $659,853,127 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$32,608,911 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $20,730,150 | OtherRevenueAmt |
| Revenue Not Reported | -$11,878,761 | RevenueNotReportedAmt |
| Revenue Subtotal | $671,731,888 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $1,097,070 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $455,466 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $1,552,536 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $673,284,424 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $652,851,557 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $761,562 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $761,562 | ExpensesNotReportedAmt |
| Expenses Subtotal | $652,089,995 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $1,097,070 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $455,466 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $1,552,536 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $653,642,531 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | FAS 158 PENSION & POST-RETIRMENT PLAN -9,597,046. MISC. INC./(LOSS) 246,298. RENTAL EXPENSES NETTED AGAINST REVENUE 761,562. OTHER COMPONENTS OF NET PERIODIC BENEFIT COSTS 14,117,206. NON-OPERATING INCOME 15,202,130. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | ACCRUED INVENTOR EXPENSES 455,466. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES NETTED AGAINST REVENUE 761,562. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | ACCRUED INVENTOR EXPENSES 455,466. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 1 | PROGRAM SERVICES | RESEARCH | $775,129 |
| EAST ASIA AND THE PACIFIC | 0 | 0 | PROGRAM SERVICES | RESEARCH | $105,368 |
| NORTH AMERICA | 0 | 0 | PROGRAM SERVICES | RESEARCH | $692,598 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 1 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 1 | TotalEmployeeCnt |
| Subtotal Spent | $1,573,095 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $1,573,095 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III ACCOUNTING METHOD: | |
| PART I, LINE 3, COLUMN F: | THE EXPENDITURES, PER REGION, ARE PRESENTED ON THE ACCRUAL BASIS OF ACCOUNTING. |
| PART I, LINE 2: | NATURE OF ACTIVITIES IS NOT GRANT/ASSISTANCE BASED BUT IS SERVICES IN FURTHERANCE OF DRAPER'S EXEMPT PURPOSE. DRAPER HAS TWO TYPES OF GRANTS: SUB-AWARDS AND SCHOLAR GRANTS. THE MONITORING PROCEDURES FOR THE USE OF GRANT FUNDS FOR EACH TYPE IS DESCRIBED BELOW. DRAPER MONITORS GRANT FUNDS EXPENDED THROUGH SUB-AWARDS IN ACCORDANCE WITH ITS SUBCONTRACTS ADMINISTRATION POLICIES AND PROCEDURES MANUAL. AUTHORIZED DRAPER PERSONNEL SUBMIT PURCHASE REQUISITIONS FOR SUB-AWARDS TO BE ISSUED WITH GRANT FUNDS, AND SUBCONTRACT ADMINISTRATORS REVIEW THE PURCHASE REQUISITION BEFORE APPROVAL OF THE SUB-AWARD. SUBCONTRACT ADMINISTRATORS FLOW DOWN ALL APPLICABLE GRANT TERMS TO THE SUB-AWARDEE AS PART OF THE SUB-AWARD, AND THE PROGRAMS DEPARTMENT AND SUBCONTRACTS MONITOR SUB-AWARDEE PERFORMANCE THROUGH MONTHLY TECHNICAL AND FINANCIAL REPORTS BY THE SUB-AWARDEE. DRAPER MONITORS GRANT FUNDS EXPENDED FOR SCHOLAR SUPPORT GRANTS TO FIT WITHIN THE OVERALL TECHNOLOGY CONCENTRATION FOCUS AREAS IMPORTANT TO DRAPER AND OUR CUSTOMERS, THE AVAILABILITY OF SUPERVISORS AND GRADUATION RATES OF SCHOLARS CURRENTLY ENROLLED IN THE PROGRAM. DOLLAR AMOUNTS ARE NEGOTIATED PER DEGREE PROGRAM WITH EACH UNIVERSITY AND UPDATED YEARLY. AUTHORIZED DRAPER PERSONNEL SUBMIT PURCHASE REQUISITIONS. ALL REQUISITIONS ARE APPROVED BY THE OWNER OF THE PROJECT NUMBER PER DRAPER'S BUSINESS PROCESS. AN APPROVED PURCHASE ORDER IS PLACED WITH THE UNIVERSITY FOR THE DURATION OF THE STUDENT'S TENURE. MONTHLY INVOICES ARE SENT BY THE UNIVERSITY TO DRAPER, APPROVED BY THE DRAPER SUPERVISOR AND PAID TO THE UNIVERSITY. AFTER THE CONCLUSION OF THE SCHOLAR GRANT, A RECONCILIATION IS PERFORMED TO CLOSE OUT THE PURCHASE ORDER. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (18 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| BOSTON CHILDRENS HOSPITAL | ||||||||
| 300 LONGWOOD AVE | BOSTON | MA | 02115 | 042774441 | 501(C)(3) | $131,713 | $0 | RESEARCH |
| MASSACHUSETTS GENERAL HOSPITAL | ||||||||
| PO BOX 6234 | BOSTON | MA | 02114 | 042121358 | 501(C)(3) | $53,254 | $0 | RESEARCH |
| METIS FOUNDATION | ||||||||
| 84 NE INTERSTATE LOOP 410 STE 325 | SAN ANTONIO | TX | 78216 | 472219464 | 501(C)(3) | $109,225 | $0 | RESEARCH |
| SEATTLE CHILDREN'S RESEARCH INST | ||||||||
| PO BOX 5371 MS RC-507 | SEATTLE | WA | 98145 | 910564748 | 501(C)(3) | $273,364 | $0 | RESEARCH |
| THE GENEVA FOUNDATION | ||||||||
| PO BOS 88 | GENEVA | IL | 60134 | 462198570 | 501(C)(3) | $96,147 | $0 | RESEARCH |
| THROMBODYNE INC | ||||||||
| 825 N 300 W S C250 | SALT LAKE CITY | UT | 84103 | 841423309 | $36,000 | $0 | RESEARCH | |
| BOSTON UNIVERSITY | ||||||||
| 595 COMMONWEALTH AVE | BOSTON | MA | 02215 | 042103547 | 501(C)(3) | $223,618 | $0 | SCHOLAR SUPPORT |
| BROWN UNIVERSITY | ||||||||
| 1 PROSPECT ST | PROVIDENCE | RI | 02912 | 050258809 | 501(C)(3) | $251,921 | $0 | SCHOLAR SUPPORT |
| HARVARD UNIVERSITY | ||||||||
| 1350 MASSACHUSETTS AVENUE | BOSTON | MA | 02138 | 042103580 | 501(C)(3) | $216,233 | $0 | SCHOLAR SUPPORT |
| JOHNS HOPKINS UNIVERSITY | ||||||||
| 6100 MAIN ST | HOUSTON | TX | 77005 | 741109620 | 501(C)(3) | $38,075 | $0 | SCHOLAR SUPPORT |
| MASSACHUSETTS INSTITUTE OF TECH | ||||||||
| 77 MASSACHUSETTS AVE | BOSTON | MA | 02139 | 042103594 | 501(C)(3) | $1,439,231 | $0 | SCHOLAR SUPPORT |
| NORTHEASTERN UNIVERSITY | ||||||||
| 360 HUNTINGTON AVE | BOSTON | MA | 02115 | 041679980 | 501(C)(3) | $21,240 | $0 | SCHOLAR SUPPORT |
| PURDUE UNIVERSITY | ||||||||
| 610 PURDUE MALL | WEST LAFAYETTE | IN | 47907 | 356002041 | 501(C)(3) | $49,853 | $0 | SCHOLAR SUPPORT |
| REGENTS OF THE UNIV OF COLORADO | ||||||||
| 1800 GRANT ST 800 | DENVER | CO | 80203 | 846000555 | 501(C)(3) | $198,901 | $0 | SCHOLAR SUPPORT |
| TUFTS UNIVERSITY | ||||||||
| 169 HOLLAND ST | SOMERVILLE | MA | 02144 | 042103634 | 501(C)(3) | $197,785 | $0 | SCHOLAR SUPPORT |
| UNIVERSITY OF MASSACHUSETTS | ||||||||
| 1 BEACON ST 31ST FL | BOSTON | MA | 02108 | 046013152 | 501(C)(3) | $39,128 | $0 | SCHOLAR SUPPORT |
| UNIVERSITY OF SOUTH FLORIDA | ||||||||
| 4202 E FOWLER AVE | TAMPA | FL | 33620 | 593102112 | 501(C)(3) | $20,587 | $0 | SCHOLAR SUPPORT |
| UNIVERSITY OF WASHINGTON | ||||||||
| 4333 BROOKLYN AVE | SEATTLE | WA | 98195 | 916001537 | 511(A)(2)(B) | $13,268 | $0 | SCHOLAR SUPPORT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 16 | Total501c3OrgCnt |
| Total Other Org | 2 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | DRAPER HAS TWO TYPES OF GRANTS: SUB-AWARDS AND SCHOLAR GRANTS. THE MONITORING PROCEDURES FOR THE USE OF GRANT FUNDS FOR EACH TYPE IS DESCRIBED BELOW. DRAPER MONITORS GRANT FUNDS EXPENDED THROUGH SUB-AWARDS IN ACCORDANCE WITH ITS SUBCONTRACTS ADMINISTRATION POLICIES AND PROCEDURES MANUAL. AUTHORIZED DRAPER PERSONNEL SUBMIT PURCHASE REQUISITIONS FOR SUB-AWARDS TO BE ISSUED WITH GRANT FUNDS, AND SUBCONTRACT ADMINISTRATORS REVIEW THE PURCHASE REQUISITION BEFORE APPROVAL OF THE SUB-AWARD. SUBCONTRACT ADMINISTRATORS FLOW DOWN ALL APPLICABLE GRANT TERMS TO THE SUB-AWARDEE AS PART OF THE SUB-AWARD, AND THE PROGRAMS DEPARTMENT AND SUBCONTRACTS MONITOR SUB-AWARDEE PERFORMANCE THROUGH MONTHLY TECHNICAL AND FINANCIAL REPORTS BY THE SUB-AWARDEE. DRAPER MONITORS GRANT FUNDS EXPENDED FOR SCHOLAR SUPPORT GRANTS TO FIT WITHIN THE OVERALL TECHNOLOGY CONCENTRATION FOCUS AREAS IMPORTANT TO DRAPER AND OUR CUSTOMERS, THE AVAILABILITY OF SUPERVISORS AND GRADUATION RATES OF SCHOLARS CURRENTLY ENROLLED IN THE PROGRAM. DOLLAR AMOUNTS ARE NEGOTIATED PER DEGREE PROGRAM WITH EACH UNIVERSITY AND UPDATED YEARLY. AUTHORIZED DRAPER PERSONNEL SUBMIT PURCHASE REQUISITIONS. ALL REQUISITIONS ARE APPROVED BY THE OWNER OF THE PROJECT NUMBER PER DRAPER'S BUSINESS PROCESS. AN APPROVED PURCHASE ORDER IS PLACED WITH THE UNIVERSITY FOR THE DURATION OF THE STUDENT'S TENURE. MONTHLY INVOICES ARE SENT BY THE UNIVERSITY TO DRAPER, APPROVED BY THE DRAPER SUPERVISOR AND PAID TO THE UNIVERSITY. AFTER THE CONCLUSION OF THE SCHOLAR GRANT, A RECONCILIATION IS PERFORMED TO CLOSE OUT THE PURCHASE ORDER. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | 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 | Yes (1) | 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 (19 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WILLIAM A LAPLANTE | ||||||||||||||
| PRESIDENT AND CEO-END APR 2022 | $695,493 | $0 | $126,732 | $0 | $33,243 | $0 | $29,000 | $0 | $1,892 | $0 | $886,360 | $0 | $0 | $0 |
| ELIZABETH MORA | ||||||||||||||
| FMR CAO | $0 | $0 | $0 | $0 | $861,941 | $0 | $0 | $0 | $0 | $0 | $861,941 | $0 | $0 | $0 |
| STEVEN DITULLIO | ||||||||||||||
| FMR VP FOR STRATEGIC SYSTEMS | $0 | $0 | $0 | $0 | $793,114 | $0 | $0 | $0 | $0 | $0 | $793,114 | $0 | $0 | $0 |
| ANTHONY S KOURPENIS | ||||||||||||||
| VP OF ENGINEERING | $357,408 | $0 | $44,250 | $0 | $65,263 | $0 | $29,000 | $0 | $35,768 | $0 | $531,689 | $0 | $0 | $0 |
| NEIL J ADAMS | ||||||||||||||
| VP NATIONAL SECURITY & SPACE | $349,419 | $0 | $43,188 | $0 | $63,656 | $0 | $29,000 | $0 | $36,599 | $0 | $521,862 | $0 | $0 | $0 |
| CHRISTINE ALBERTELLI | ||||||||||||||
| CHIEF FINANCIAL OFFICER, TREASURER | $318,230 | $0 | $41,212 | $0 | $73,783 | $0 | $29,000 | $0 | $36,597 | $0 | $498,822 | $0 | $0 | $0 |
| TARA S CLARK | ||||||||||||||
| PRES & CEO-APR-JUN 2022 | $336,472 | $0 | $43,188 | $0 | $21,084 | $0 | $29,000 | $0 | $20,750 | $0 | $450,494 | $0 | $0 | $0 |
| ALEXA ADAMS | ||||||||||||||
| SECR.,VP & GEN COUNSEL-END SEP 2022 | $267,751 | $0 | $35,990 | $0 | $66,474 | $0 | $29,000 | $0 | $33,643 | $0 | $432,858 | $0 | $0 | $0 |
| NANCY LIGHTBODY | ||||||||||||||
| VP & CHIEF HUMAN RESOURCES OFFICER | $297,157 | $0 | $35,966 | $0 | $35,734 | $0 | $29,000 | $0 | $30,762 | $0 | $428,619 | $0 | $0 | $0 |
| ALEXANDER C EDSALL | ||||||||||||||
| PRINCIPAL DIRECTOR | $270,592 | $0 | $32,633 | $0 | $56,894 | $0 | $27,655 | $0 | $20,549 | $0 | $408,323 | $0 | $0 | $0 |
| FRANK J SERNA | ||||||||||||||
| PRINCIPAL DRECTOR | $296,475 | $0 | $38,399 | $0 | $22,548 | $0 | $29,000 | $0 | $20,754 | $0 | $407,176 | $0 | $0 | $0 |
| MICHAEL F CRONES | ||||||||||||||
| CHIEF OF STAFF -END JAN 2022 | $282,927 | $0 | $36,639 | $0 | $20,532 | $0 | $29,000 | $0 | $30,767 | $0 | $399,865 | $0 | $0 | $0 |
| JOSEPH KOCHOCKI | ||||||||||||||
| DISTINGUISHED MEMBER TECHNICAL STAFF | $101,748 | $0 | $10,000 | $0 | $248,343 | $0 | $10,500 | $0 | $3,819 | $0 | $374,410 | $0 | $0 | $0 |
| RICHARD J RUSSELL | ||||||||||||||
| VP FOR ENGINEERING -END OCT 2021 | $256,756 | $0 | $42,174 | $0 | $17,395 | $0 | $28,180 | $0 | $24,819 | $0 | $369,324 | $0 | $0 | $0 |
| SARAH B LEEPER | ||||||||||||||
| PRINCIPAL DIRECTOR, DEFENSE SYSTEMS | $271,252 | $0 | $37,812 | $0 | $240 | $0 | $28,192 | $0 | $29,844 | $0 | $367,340 | $0 | $0 | $0 |
| ROBERT A LARSEN | ||||||||||||||
| PRINCIPAL DIRECTOR, SPECIAL PROGRAMS | $267,628 | $0 | $35,435 | $0 | $20,052 | $0 | $29,000 | $0 | $13,755 | $0 | $365,870 | $0 | $0 | $0 |
| ROBERT BACON | ||||||||||||||
| ACTING VP FOR STRATEGIC SYSTEMS | $233,884 | $0 | $27,409 | $0 | $208 | $0 | $24,260 | $0 | $30,522 | $0 | $316,283 | $0 | $0 | $0 |
| ROBERT DURKIN | ||||||||||||||
| PRINCIPAL DIR. ADMINISTRATION | $233,993 | $0 | $30,533 | $0 | $20,532 | $0 | $25,875 | $0 | $1,796 | $0 | $312,729 | $0 | $0 | $0 |
| BARBARA STEVENS | ||||||||||||||
| DIRECTOR - BEG OCT 2021 | $10,000 | $0 | $0 | $0 | $171,375 | $0 | $0 | $0 | $0 | $0 | $181,375 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | I) TAX INDEMNIFICATION AND GROSS UP PAYMENTS EXIST UNDER OUR NEW HIRE/EMPLOYEE RELOCATION POLICY. WHERE CERTAIN COSTS MIGHT BE CHARACTERIZED AS TAXABLE INCOME FOR EMPLOYEES, THE LABORATORY WILL REIMBURSE THE EMPLOYEE FOR ANY TAX EFFECT ASSOCIATED WITH THE MOVE. TWO DRAPER EMPLOYEES REPORTED ON FORM 990, PART VII RECEIVED A GROSS UP PAYMENT FOR MOVING COSTS. FIRST CLASS TRAVEL FOR BOARD MEMBERS AND OFFICERS IS PROVIDED FOR LONG-DISTANCE TRAVEL TO IMPROVE PARTICIPATION IN BUSINESS MEETINGS. THIS BENEFIT WAS PROVIDED TO SIX BOARD MEMBERS. |
| SCHEDULE J, PART I, LINE 4A: | DRAPER HAD AN EMPLOYMENT AGREEMENT THAT COVERS THE FORMER CEO, WILLIAM A. LAPLANTE, WHOSE TENURE AS CEO ENDED APRIL 2022, UPON SENATE CONFIRMATION TO SERVE AS U.S. UNDERSECRETARY OF DEFENSE FOR ACQUISITIONS AND SUSTAINMENT. UNDER THIS AGREEMENT, DR. LAPLANTE WAS ENTITLED TO 12 MONTHS BASE SALARY AND HEALTH BENEFITS IF TERMINATED BY THE CORPORATION WITHOUT CAUSE. DR. LAPLANTE RECEIVED NO PAYMENT UNDER THIS CONTRACT PROVISION. CERTAIN FORMER OFFICERS WHO ARE COVERED BY A SEPARATION AGREEMENT RECEIVED SERVERANCE AMOUNTS WHICH ARE REPORTED IN PART II, COLUMN B(III). |
| SCHEDULE J, PART I, LINE 4B: | DRAPER HAD A SUPPLEMENTAL RETIREMENT PLAN. THE PURPOSE OF THIS PLAN WAS TO ASSURE THAT CORPORATE OFFICERS RECEIVE A REASONABLE LEVEL OF RETIREMENT COMPENSATION IN RELATION TO THEIR LEVEL OF COMPENSATION AND LENGTH OF SERVICE AT THE LABORATORY. FOR OFFICERS ENROLLED IN THIS PLAN BENEFITS ARE CALCULATED AS OF THEIR FIRST DAY THROUGH THE OFFICER'S MANDATORY RETIREMENT DATE AFTER TURNING AGE 65. EACH FISCAL YEAR AN ACTUARIAL VALUATION OF THE PROJECTED BENEFIT OBLIGATION FOR EACH OFFICER IN THE PLAN IS OBTAINED. AN ADJUSTMENT TO THE ACCRUED BENEFIT CALCULATION IS BASED ON CHANGES IN THE ACTUARIAL VALUATION AND UNDERLYING ACTUARIAL ASSUMPTIONS. THE PLAN WAS TERMINATED IN 2022 WITH NO AMOUNTS OWING TO PLAN PARTICIPANTS. NO AMOUNTS WERE PAID UNDER THE PLAN DURING THE FISCAL YEAR ENDED JULY 1, 2022. |
| SCHEDULE J, PART I, LINE 6: | KEY MEMBERS OF THE TECHNICAL, PROGRAM, FINANCE AND ADMINISTRATIVE STAFF ARE ELIGIBLE TO PARTICIPATE IN THE CORPORATE MANAGEMENT INCENTIVE PROGRAM (CMIP). PARTICIPANTS INCLUDE, BUT ARE NOT LIMITED TO, THE EMPLOYEES LISTED ON SCHEDULE J. THE PROGRAM WAS BASED ON PRIOR YEAR COMPONENT METRICS RELATED TO PROFITABILITY, STRATEGIC PLAN ACHIEVEMENT AND LEADERSHIP. THE PARTICIPANT AWARD AMOUNTS ARE REVIEWED BY THE PRESIDENT OF DRAPER AND REPORTED TO THE HUMAN RESOURCE AND COMPENSATION COMMITTEES. |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KATHRYN ADAMS | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | FAMILY MEMBER OF OFFICER | RelationshipDescriptionTxt |
| Transaction | $87,388 | TransactionAmt |
| Transaction | EMPLOYEE OF DRAPER | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | CORPORATION MEMBERSHIP CONSISTS OF BETWEEN 21 AND 52 PERSONS AS DETERMINED BY THE MEMBERS IN OFFICE FROM TIME TO TIME. MEMBERSHIP IS DIVIDED INTO THREE CLASSES. THEIR TERMS OF OFFICE ARE FIXED SO THAT THE TERM OF OFFICE OF ONLY THOSE MEMBERS IN ONE CLASS WILL EXPIRE AT EACH ANNUAL MEETING OF THE MEMBERS. MEMBERSHIP IS NOT ASSIGNABLE BY OPERATION OF LAW OR OTHERWISE. EACH MEMBER SHALL HAVE ONE VOTE. MEMBERS MAY VOTE EITHER IN PERSON OR BY PROXY. WHEN A DULY FORMED QUORUM (AS DETERMINED BY LAW, THE ARTICLES OF INCORPORATION, OR BYLAWS) IS PRESENT, ANY MATTER BEFORE A DULY CALLED MEETING SHALL BE DECIDED BY A VOTE OF A MAJORITY OF THE MEMBERS EXCEPT WHERE A LARGER VOTE IS REQUIRED BY LAW, THE ARTICLES OF INCORPORATION, OR BYLAWS. ANY ELECTION IS DETERMINED BY A PLURALITY OF VOTES CAST EXCEPT WHERE REQUIRED BY LAW, THE ARTICLES, OR BYLAWS. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MEMBERS AT EACH ANNUAL MEETING FIX THE NUMBER OF DIRECTORS (NOT LESS THAN 3 OR MORE THAN 17) AND ELECT THE NUMBER OF DIRECTORS SO FIXED. |
| FORM 990, PART VI, SECTION A, LINE 7B | ALL ACTIVITIES OF THE CORPORATION ARE CONDUCTED UNDER THE DIRECTION OF THE DULY ELECTED BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREAPRED BY AN INDEPENDENT ACCOUNTING FIRM WITH INFORMATION PROVIDED BY MANAGEMENT. THE DIRECTOR, CORPORATE CONTROLLER, PERFORMS AN INITIAL REVIEW BEFORE PROVIDING THE FORM 990 TO THE CFO FOR SECONDARY REVIEW. THE CEO ALSO PERFORMS A REVIEW OF THE DOCUMENT. A DRAFT COPY OF THE 990 IS PRESENTED TO THE AUDIT COMMITTEE FOR ACCEPTANCE AND THEN MADE AVAILABLE TO THE FULL BOARD OF DIRECTORS VIA THE ORGANIZATION'S ELECTRONIC BOARDROOM PLATFORM. THE CORPORATION THEN FILES THE FORM WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | DRAPER SENDS AN ANNUAL DISCLOSURE REQUEST TO EACH BOARD MEMBER WITH AN EXTENSIVE SET OF QUESTIONS PERTAINING TO RELATIONSHIPS AND FINANCIAL INTERESTS WITH THE LABORATORY. OFFICERS AND KEY EMPLOYEES COMPLETE A CONFLICT ON INTEREST REQUEST ELECTRONICALLY. OFFICERS, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES ARE NOTIFIED VIA LETTER THAT THEIR COMPENSATION WILL BE DISCLOSED ON THE FORM 990. BASED ON DATA PROVIDED BY DIRECTORS AND SPECIFIED EMPLOYEES, THE LABORATORY MAINTAINS A MATRIX OF POSITIONS, AFFILIATIONS AND ORGANIZATIONS WITH WHOM THE DIRECTORS AND SPECIFIED EMPLOYEES MAY HAVE A RELATIONSHIP REQUIRING DISCLOSURE. COMPLIANCE, AND LEGAL, IF NEEDED, REVIEWS DISCLOSURES FOR POTENTIAL RELATIONSHIPS MEETING DISCLOSURE REQUIREMENTS. IF A POTENTIAL CONFLICT ARISES, APPROPRIATE RESTRICTIONS ARE IMPOSED AND PERSONS INVOLVED ARE PROHIBITED FROM PARTICIPATING IN THE RESOLUTION OF THE CONFLICT. OUTSIDE TAX AND LEGAL ADVISORS MAY ALSO BE CONSULTED. |
| FORM 990, PART VI, SECTION B, LINE 15 | DRAPER MAINTAINS ONE FULL TIME PERSON WHO IS RESPONSIBLE FOR COMPILATION, ANALYSIS AND MANAGEMENT OF THE COMPENSATION BUDGET PROCESS. ANNUALLY, DRAPER PARTICIPATES IN NATIONAL AND LOCAL SURVEYS THAT INCLUDE A BROAD RANGE OF PARTICIPATING COMPANIES. THE RESULTING DATA PROVIDE INFORMATION RELATED TO MARKET RATES, SALARY RANGES, COMPENSATION BUDGET PLANNING, BENEFITS INFORMATION, AND GENERAL WORK LIFE POLICIES AND PRACTICES. PERTINENT SURVEY INFORMATION IS ANALYZED, REVIEWED AND UTILIZED WHEN ASSESSING APPROPRIATE WAGES, GRADING FOR BENCHMARK POSITIONS. ADDITIONALLY, DRAPER HIRES AN INDEPENDENT CONSULTANT TO REVIEW THE COMPENSATION OF THE CEO AND ALL VICE PRESIDENTS ANNUALLY. THE COMPENSATION BUDGET AS A WHOLE IS PRESENTED TO THE BOARD COMPENSATION COMMITTEE FOR REVIEW AND APPROVAL. THE COMPENSATION COMMITTEE VOTES TO APPROVE THE COMPENSATION OF THE CEO AND OFFICERS BASED ON THEIR SURVEYS WHICH INCLUDES THIRD PARTY SURVEYS OF PEER ORGANIZATIONS ACROSS THE COUNTRY. DECISIONS OF THE COMPENSATION COMMITTEE ARE CONTEMPORANEOUSLY DOCUMENTED IN THE MINUTES. |
| FORM 990, PART VI, SECTION C, LINE 19 | DRAPER MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART VII: | BOARD MEMBERS ARE COMPENSATED A FLAT FEE FOR THEIR PARTICIPATION. ADDITIONAL COMPENSATION IS PAID FOR SERVICES AS BOARD, COMMITTEE, OR PANEL CHAIR. THE BOARD COMPENSATION AND THE CHAIR COMPENSATION IS APPROVED BY THE FULL BOARD. |
| FORM 990, PART XI, LINE 9: | FAS 158 PENSION & POST-RETIREMENT PLAN -9,597,046. MISC. INC / (LOSS) 246,298. OTHER COMPONENTS OF NET PERIODIC BENEFIT COSTS 14,117,206. NON-OPERATING INCOME 15,202,130. |
| TAX YEAR: | DRAPER'S FISCAL CALENDAR ("FY") ENDS ON THE FRIDAY CLOSEST TO JUNE 30TH. DUE TO THIS POLICY, THE FISCAL CALENDAR MAY RESULT IN THE LAST DAY OF A FISCAL YEAR FALLING ON A DATE OTHER THAN ON JUNE 30. APPROXIMATELY EVERY FIFTH YEAR, DRAPER'S FISCAL YEAR WILL CONTAIN 53 WEEKS. THERE ARE 53 WEEKS IN FY2022 AND 52 WEEKS IN FY2021. |
| AMENDED RETURN: | THE ORGANIZATION FILED AN AMENDED RETURN AS A RESULT OF ISSUES WITH THE IRS E-FILE SYSTEM. THIS RETURN REFLECTS ALL INFORMATION AS INTENDED TO BE DISCLOSED IN THE ORIGINAL FILING. |
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