BETA

ANDECO INSTITUTE: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
ANDECO INSTITUTE (EIN 86-2787128)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-08-09
IRS object ID
202332219349301303
Schema version
2022v5.0
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

FieldValueIRS element (for citing)
Return2023-08-09T11:12:15-05:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN580662558PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HANCOCK ASKEW & CO LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1100 SOUTH ASHLEY DRIVE SUITE 1550AddressLine1Txt
CityTAMPACityNm
State AbbreviationFLStateAbbreviationCd
ZIP33602ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN862787128EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ANDECO INSTITUTEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlANDEBusinessNameControlTxt
Phone8778295500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line126391 CURTISS WRIGHT PKWY 100AddressLine1Txt
CityRICHMOND HEIGHTSCityNm
State AbbreviationOHStateAbbreviationCd
ZIP44143ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL NELSONPersonNm
Person TitleTREASURERPersonTitleTxt
Phone8778295500PhoneNum
Signature2023-08-09SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMICHAELPersonFirstNm
Person LastNELSONPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSTEVEN MARCUSPreparerPersonNm
PTINP00221031PTIN
Phone8132542727PhoneNum
Preparation2023-08-07PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMATTHEW CARPENTERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11000 E PIONEER TRLAddressLine1Txt
CityAURORACityNm
State AbbreviationOHStateAbbreviationCd
ZIP44202ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$40,662,169GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressANDECO.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2021FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionANDECO LEVERAGES EXPERIENCE IN COMMERCIAL INDUSTRY, ALONG WITH EXPERTISE IN GOVERNMENT CONTRACTING, TO ESTABLISH AND MANAGE A CONSORTIUM ENVIRONMENT WHERE THE U.S. GOVERNMENT AND INDUSTRY WORK JOINTLY WITH SPEED AND PRECISION. OUR FOCUS IS ON IDENTIFYING AND FULLY VETTING BEST IN CLASS DATA PROVIDERS WORKING IN ALL FACETS OF DATA COLLECTION AS POTENTIAL MEMBERS OF THE ADVANCED DATA CONSORTIUM.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee14TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$9,918,710PYProgramServiceRevenueAmt
CY Program Service Revenue$40,662,169CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$9,918,710PYTotalRevenueAmt
CY Total Revenue$40,662,169CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,040,756PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,116,179CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$8,877,954PYOtherExpensesAmt
CY Other Expenses$38,544,282CYOtherExpensesAmt
PY Total Expenses$9,918,710PYTotalExpensesAmt
CY Total Expenses$40,660,461CYTotalExpensesAmt
PY Revenues Less Expenses$0PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,708CYRevenuesLessExpensesAmt
Total Assets BOY$1,780,558TotalAssetsBOYAmt
Total Assets EOY$10,033,016TotalAssetsEOYAmt
Total Liabilities BOY$1,780,558TotalLiabilitiesBOYAmt
Total Liabilities EOY$10,031,308TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$0NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,708NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionANDECO LEVERAGES EXPERIENCE IN COMMERCIAL INDUSTRY, ALONG WITH EXPERTISE IN GOVERNMENT CONTRACTING, TO ESTABLISH AND MANAGE A CONSORTIUM ENVIRONMENT WHERE THE U.S. GOVERNMENT AND INDUSTRY WORK JOINTLY WITH SPEED AND PRECISION. OUR FOCUS IS ON IDENTIFYING AND FULLY VETTING BEST IN CLASS DATA PROVIDERS WORKING IN ALL FACETS OF DATA COLLECTION AS POTENTIAL MEMBERS OF THE ADVANCED DATA CONSORTIUM.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$40,660,461ExpenseAmt
Revenue$40,662,169RevenueAmt
DescANDECO LEVERAGES EXPERIENCE IN COMMERCIAL INDUSTRY, ALONG WITH EXPERTISE IN GOVERNMENT CONTRACTING, TO ESTABLISH AND MANAGE A CONSORTIUM ENVIRONMENT WHERE THE U.S. GOVERNMENT AND INDUSTRY WORK JOINTLY WITH SPEED AND PRECISION. OUR FOCUS IS ON IDENTIFYING AND FULLY VETTING BEST IN CLASS DATA PROVIDERS WORKING IN ALL FACETS OF DATA COLLECTION AS POTENTIAL MEMBERS OF THE ADVANCED DATA CONSORTIUM.Desc
Total Program Service Expenses$40,660,461TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document6IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee14EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd
OtherYes (X)OtherInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HANCOCK ASKEW & CO LLPBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8132542727PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 SOUTH ASHLEY DRIVE SUITE 1550AddressLine1Txt
CityTAMPACityNm
State AbbreviationFLStateAbbreviationCd
ZIP33602ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
MATTHEW CARPENTER
PRESIDENT2.00Yes (X)Yes (X)$400,000$0$0
ELIZABETH BASICH
SECRETARY2.00Yes (X)Yes (X)$0$0$0
MICHAEL NELSON
TREASURER2.00Yes (X)Yes (X)$0$0$0
JOSEPH CARDONE
BOARD MEMBER2.00Yes (X)$0$0$0
THAD HEIGES
BOARD MEMBER2.00Yes (X)$0$0$0
ESTOLITA BOWLING
BOARD MEMBER2.00Yes (X)$0$0$0
JOHN FOREHAND
HIGHEST COMPENSATED EMPLOY2.00$250,000$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$650,000TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescADVANCED DATA CONSORTIUM - GOVERNDesc
Business518210BusinessCd
Total Revenue Column$40,662,169TotalRevenueColumnAmt
Related Or Exempt Func Income$40,662,169RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$40,662,169TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$40,662,169TotalRevenueColumnAmt
Related Or Exempt Func Income$40,662,169RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$400,000TotalAmt
Program Services$400,000ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,576,939TotalAmt
Program Services$1,576,939ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$139,240TotalAmt
Program Services$139,240ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$19,203TotalAmt
Program Services$19,203ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$6,215TotalAmt
Program Services$6,215ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$38,193,165TotalAmt
Program Services$38,193,165ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$57,542TotalAmt
Program Services$57,542ProgramServicesAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$55,029TotalAmt
Program Services$55,029ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$63,850TotalAmt
Program Services$63,850ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$110,738TotalAmt
Program Services$110,738ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
START-UP EXPENSES$21,318$21,318
UTILITIES$9,658$9,658
EVENT SUPPORT$4,189$4,189
PAYROLL ADMIN FEES$3,036$3,036

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$339TotalAmt
Program Services$339ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$40,660,461TotalAmt
Program Services$40,660,461ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$271,960BOYAmt
EOY$5,885,601EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,508,598BOYAmt
EOY$4,147,415EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,780,558BOYAmt
EOY$10,033,016EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,780,558BOYAmt
EOY$10,031,308EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,780,558BOYAmt
EOY$10,031,308EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$1,708EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$1,708EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,780,558BOYAmt
EOY$10,033,016EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,708ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$9,918,710CurrentTaxYearMinus1YearAmt
Current Tax Year$40,662,169CurrentTaxYearAmt
Total$50,580,879TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$9,918,710CurrentTaxYearMinus1YearAmt
Current Tax Year$40,662,169CurrentTaxYearAmt
Total$50,580,879TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$50,580,879PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$9,918,710CurrentTaxYearMinus1YearAmt
Current Tax Year$40,662,169CurrentTaxYearAmt
Total$50,580,879TotalAmt
FieldValueIRS element (for citing)
First5 Years509Yes (X)First5Years509Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART III, SECTION B, LINE 15FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION'S FIRST YEAR IS 2021 AND IS A SHORT YEAR RANGING FROM 3/16/2021 TO 12/31/2021.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Independent ConsultantYes (X)IndependentConsultantInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MATTHEW CARPENTER
PRESIDENT$400,000$0$0$0$0$0$0$0$0$0$400,000$0$0$0
JOHN FOREHAND
HIGHEST COMPENSATED EMPLOY$250,000$0$0$0$0$0$0$0$0$0$250,000$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6THE ARTICLES OF INCORPORATION OF THIS ENTITY INDICATE THAT THERE WILL BE MEMBERS.
FORM 990, PART VI, SECTION B, LINE 11BTHE ANDECO INSTITUTE BOARD OF DIRECTORS CONDUCTED A ZOOM MEETING TO REVIEW THE ANNUAL FORM 990. ALL VOTING MEMBERS REVIEWED AND VERIFIED THE 2022 FINANCIAL INFORMATION FOR ANDECO INSTITUTE IN ACCORDANCE WITH ITS AGENDA.
FORM 990, PART VI, SECTION B, LINE 12CANDECO INSTITUTE HAS A WRITTEN CONFICT OF INTEREST POLICY THAT ESTABLISHES PROCEDURES FOR THE REPORTING, IDENTIFICATION AND MITIGATION OF ORGANIZATIONAL CONFLICTS OF INTEREST (OCI), HANDLING OF SENSITIVE INFORMATION AND THE IMPLEMENTATION OF AN ORGANIZATIONAL FIREWALL FOR THE ADVANCED DATA CONSORTIUM (ADC) CONTRACT. AS A RESULT OF DEVELOPING THIS PLAN, ANDECO IS ESTABLISHING AN ENVIRONMENT THAT (1) IDENTIFIES AND ADDRESSES POTENTIAL OCIS THAT MAY BE APPLICABLE TO THE CONTRACT; AND (2) PROVIDE UNBIASED, IMPARTIAL, AND OBJECTIVE ADVICE AND ASSISTANCE IN PREVENTING THE INAPPROPRIATE FLOW OF INFORMATION INTO OR OUT OF THE ADC CONTRACT THAT MIGHT OTHERWISE SERVE TO PROVIDE AN UNFAIR COMPETITIVE ADVANTAGE OR BIAS. THIS POLICY IS MONITORED AND ENFORCED VIA A SIGNED NON-DISCLOSURE AGREEMENT FROM ALL EMPLOYEES, ANNUAL TRAINING, AND ALL EMPLOYEES ARE REQUIRED TO FILL OUT AN ANNUAL DISCLOSURE REPORT. ANY REPORTS OF OCI ARE TO BE REPORTED TO THE EMPLOYEE'S SUPERVISOR OR DIRECTLY TO THE DIRECTOR OF INTEGRITY ASSURANCE (DIA).
FORM 990, PART VI, SECTION B, LINE 15COMPENSATION FOR KEY EMPLOYEES WAS DETERMINED WHEN ANDECO INSTITUTE HIRED AN INDEPENDENT SALARY CONSULTANT (FINDLEY) TO CONDUCT RESEARCH BASED ON OUR INDUSTRY, MISSION, AND ROLES & RESPONSIBILITIES OF OUR EMPLOYEES IN ORDER TO DETERMINE IF OUR PROPOSED SALARIES WERE CONSIDERED FAIR BASED ON MARKET COMPARISONS. THE RESULTS OF HIS FINDINGS DETERMINED THAT COMPENSATIONS FOR ALL ANDECO INSTITUTE EMPLOYEES WERE DEEMED FAIR AND COMMENSURATE WITH INDUSTRY STANDARDS.
FORM 990, PART VI, SECTION C, LINE 19ANDECO INSTITUTE DOES NOT CURRENTLY HAVE A PROCESS IN PLACE IN WHICH WE WOULD DISCLOSE OUR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS TO THE PUBLIC. ANDECO INSTITUTE WILL PROVIDE THESE DOCUMENTS UPON REQUEST.
FORM 990, PART IX, LINE 11GPROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 24,188. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,188. SUBJECT MATTER EXPERT CONSULTING: PROGRAM SERVICE EXPENSES 2,433,934. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,433,934. INDIVIDUAL PROJECT ORDERS FUNDING: PROGRAM SERVICE EXPENSES 35,735,043. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 35,735,043.
FORM 990, PART IXTHE ANDECO INSTITUTE IS REIMBURSED BY THE U.S. GOVERNMENT FOR ALL OF ITS EXPENSES. ALL EXPENSES RELATE TO THE ANDECO INSTITUTE'S SOLE PROGRAM SERVICE OF GOVERNMENT CONTRACTING. FOR THIS REASON, ALL EXPENSES ARE ALLOCATED 100% TO PROGRAM SERVICE. ANY INCOME DERIVED IS DUE TO INTEREST ACCUMULATED ON LATE PAYMENTS RECEIVED FROM VENDORS.

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