2023-11-14T20:51:03-06:00 2022-12-31 861065772 DELOITTE TAX LLP 1015 2ND AVENUE SUITE 500 SEATTLE WA 981041126 990 2022-01-01 941160950 SRI INTERNATIONAL SRII 6508592000 333 RAVENSWOOD AVENUE MENLO PARK CA 94025 STEPHANIE DEFINO CFO 6508592000 2023-11-10 1 STEPHANIE DEFINO XXX-XX-XXXX 0 JANE M SEARING P00000565 2067167000 2023-11-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z STEPHANIE DEFINO 333 RAVENSWOOD AVENUE MENLO PARK CA 94025 417353839 0 X WWW.SRI.COM X 1946 CA WORLD-CHANGING SOLUTIONS MAKING PEOPLE SAFER, HEALTHIER, & MORE PRODUCTIVE THROUGH SCIENTIFIC R&D 10 9 1690 0 60049897 0 45026049 54585367 323337516 313319201 7960023 1232989 603971 40998338 376927559 410135895 0 0 0 0 227087126 228737209 0 0 0 152433009 178354997 379520135 407092206 -2592576 3043689 326199014 324128677 126900492 129854839 199298522 194273838 X SRI INTERNATIONAL CREATES WORLD-CHANGING SOLUTIONS MAKING PEOPLE SAFER, HEALTHIER, AND MORE PRODUCTIVE THROUGH SCIENTIFIC RESEARCH & DEVELOPMENT. 0 0 67376513 85880063 INFORMATION AND COMPUTING SCIENCES (ICS) PERFORMS SCIENTIFIC RESEARCH CREATING SOLUTIONS IN ARTIFICIAL INTELLIGENCE, SPEECH AND NATURAL LANGUAGE, PERCEPTION AND VISUAL SCIENCES, COMPUTATIONAL BIOLOGY, ROBOTICS, AND CYBER SECURITY. PUSHING THE BOUNDARIES OF COMPUTING, ICS EMPLOYS NEW TECHNOLOGIES TO SOLVE CLIENT PROBLEMS THROUGH CONTRACT RESEARCH, TECHNOLOGY LICENSING, AND VENTURE CREATION. OUR STAFF MEMBERS COLLABORATE WITHIN SRI, AND ALSO WITH DIVERSE UNIVERSITY AND INDUSTRY PARTNERS. 60796697 78037155 THE ADVANCED TECHNOLOGY AND SYSTEMS DIVISION (ATSD) MANAGES COMPLEX PROJECTS FOR GOVERNMENT AND NON-GOVERNMENT CLIENTS FROM BASIC RESEARCH TO ADVANCED SYSTEMS AND PRODUCT DEVELOPMENT. THE DIVISION ADVANCES SCIENTIFIC RESEARCH IN DIVERSE AREAS SUCH AS CHEMISTRY, PHYSICS, AND MATERIALS SCIENCE; GEOSPACE STUDIES AND SPACE AND MARINE TECHNOLOGY; SURVEILLANCE AND REMOTE SENSING; APPLIED OPTICS AND SECURE CIRCUITS; AND ROBOTICS, MEDICAL DEVICES, AND NANOTECHNOLOGY.SCIENTISTS, ENGINEERS, AND TECHNICIANS, WORK ON ABOUT 200 PROJECTS PER YEAR, AND ARE ORGANIZED AROUND FIVE CENTERS: ENERGY AND ENVIRONMENT, OCEAN AND SPACE SYSTEMS, SURVEILLANCE SYSTEMS, CYBER AND SURVIVABILITY SYSTEMS, AND ROBOTIC AND MEDICAL SYSTEMS. EACH CENTER COMPRISES MULTIPLE PROGRAMS AND LABORATORIES AND IS VERTICALLY INTEGRATEDFROM SCIENCE TO PRODUCT CONCEPTS AND PROTOTYPES. 52800063 49680861 SRI BIOSCIENCES WORKS WITH ACADEMIC, FOUNDATION, GOVERNMENT, AND OTHER CLIENTS AND PARTNERS TO BRING NEW MEDICINES AND DEVICES TO MARKET THROUGH BASIC RESEARCH, PHARMACEUTICAL DISCOVERY, PRECLINICAL DEVELOPMENT AND CLINICAL TRANSLATION. RESEARCHERS SOLVE IMPORTANT PROBLEMS IN PREVENTION, DIAGNOSIS AND TREATMENT, TARGETING IMPORTANT UNMET NEEDS IN HEALTHCARE AND SAVING AND IMPROVING LIVES WORLDWIDE.OUR RESEARCHERS STRIVE TO UNDERSTAND DISEASE MECHANISMS, IDENTIFY PROMISING LEADS AND TRANSLATE PRECLINICAL CANDIDATES INTO CLINICAL DEVELOPMENT. CORE AREAS OF THERAPEUTIC EXPERTISE INCLUDE CANCER, IMMUNOLOGY AND INFLAMMATION, INFECTIOUS DISEASES AND NEUROSCIENCE. SRI ALSO CONDUCTS BIOSCIENCE R&D TO PRODUCE NEW BIOMARKERS, DRUG DELIVERY TECHNOLOGIES, MEDICAL DEVICES, AND SYSTEMS BIOLOGY TOOLS. 112907873 100393149 SRI ENGAGES IN A BROAD RANGE OF OTHER SCIENTIFIC RESEARCH INITIATIVES IN FURTHERANCE OF ITS EXEMPT MISSION, INCLUDING EDUCATION, INTEGRATED SYSTEMS AND SOLUTIONS, AND GLOBAL PARTNERSHIPS. THE EDUCATION DIVISION UNDERTAKES A RESEARCH-BASED ANALYSIS OF EDUCATIONAL OUTCOMES AND REFORMS AND THE IMPACTS OF TECHNOLOGY ON LEARNING. RESEARCHERS ADDRESS PROBLEMS POSED BY COMPLEX ISSUES IN EDUCATION POLICY, TECHNOLOGY IN LEARNING, AND LEARNING AND DEVELOPMENT. PROGRAMS HELP IDENTIFY TRENDS, UNDERSTAND OUTCOMES, AND DEVELOP POLICY AND PRACTICE SOLUTIONS TO THE CHALLENGES POSED BY RAPID SOCIAL, TECHNOLOGICAL AND ECONOMIC CHANGE. THE INTEGRATED SYSTEMS AND SOLUTIONS DIVISION DEVELOPS AND TRANSITIONS TECHNOLOGY INTELLECTUAL PROPERTY FROM LAB DEMONSTRATIONS TO FIELDED, SUPPORTED SYSTEMS BY LEVERAGING A DISCIPLINED SYSTEM ENGINEERING APPROACH INTEGRATED WITH CERTIFIED STRUCTURED DEVELOPMENT AND QUALITY PROCESSES. GLOBAL PARTNERSHIPS ENCOURAGES INNOVATION AND RESEARCH AROUND THE WORLD. 112907873 100393149 293881146 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 466 0 1 1690 1 1 1 1 JA 0 0 0 0 0 0 0 0 1 0 X 10 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA OR NY X STEPHANIE DEFINO 6508592000 333 RAVENSWOOD AVENUE MENLO PARK CA 94025 DAVID PAREKH CEO 40.00 X X 720906 0 83738 LESLIE F KENNE BOARD CHAIR 2.00 X X 110000 0 0 MARIANN BYERWALTER BOARD MEMBER 4.00 X 86000 0 0 LAURA WRIGHT BOARD MEMBER 5.00 X 80000 0 0 ELLEN PAWLIKOWSKI BOARD MEMBER 4.00 X 80000 0 0 DAVID HOYT BOARD MEMBER 3.00 X 76000 0 0 JOHN J YOUNG JR BOARD MEMBER 3.00 X 76000 0 0 DAVID MOTLEY BOARD MEMBER 3.00 X 70000 0 0 DEBORAH RIEMAN BOARD MEMBER 4.00 X 60000 0 0 RAMESH RENGARAJAN BOARD MEMBER FROM 9/1/22 2.00 X 23333 0 0 JOHN P MCINTIRE CHIEF LEGAL OFFICER 40.00 X 705944 0 117966 STEPHANIE DEFINO CHIEF FINANCIAL OFFICER 40.00 X 558786 0 106469 WILLIAM MARK PRESIDENT, ICS DIVISION 40.00 X 682615 0 91409 STEVEN PERNA PRESIDENT, INSYS DIVISION 40.00 X 572648 0 89023 JOHN CROWE PRESIDENT, ATSD DIVISION 40.00 X 556837 0 100120 SHARI GOLAN PRESIDENT, EDUCATION DIVISION 40.00 X 526235 0 101604 MICHAEL PAGE CHIEF INFORMATION OFFICER 40.00 X 512323 0 80936 JOANN LIME CHIEF HUMAN RESOURCES OFFICER 40.00 X 435574 0 117327 JON MIRSALIS PRESIDENT, BIOSCIENCE FROM 7/1/2022 40.00 X 439131 0 100905 IAN COLRAIN PRESIDENT, BIOSCIENCE THRU 6/30/2022 40.00 X 467676 0 50768 PHILLIP PORRAS TECHNICAL DIRECTOR 40.00 X 1091151 0 68878 PATRICK LINCOLN VP ICS, DIRECTOR CSL 40.00 X 804753 0 90303 DAVID STRINGER-CALVERT DEPUTY GENERAL COUNSEL 40.00 X 714773 0 84545 ADOLF PFEFFERBAUM SCIENTIFIC MANAGEMENT V 40.00 X 504111 0 61082 JOHN VAN SCOTER VP, BUSINESS MANAGEMENT 40.00 X 459534 0 64640 10414330 0 1409713 785 0 1 0 SIEMENS INDUSTRY SOFTWARE PO BOX 3912 CAROL STREAM IL 601323912 COMPUTER DESIGN SERVICES 1797192 SECURITAS CRITICAL 6850 VERSAR CENTERSUITE 400 SPRINGFIELD VA 22151 SECURITY SERVICES 1630158 CHARLES RIVER LAB 1407 GEORGE ROAD ASHLAND OH 44805 LAB SERVICES 1277937 INCYTE INC 2278 BELLFLOWER LANE NEW HOPE PA 18938 ENGINEERING SERVICES 811069 SODEXO AMERICA LLC PO BOX 360170 PITTSBURGH PA 152516170 FOOD SERVICES 623329 94 54585367 54585367 SCIENTIFIC RESEARCH 541700 253269304 253269304 COMMERCIAL TECH SVCS 541900 60049897 60049897 313319201 1246584 1246584 38989117 38989117 3245713 1908519 1337194 1337194 1337194 5295830 5304313 5112 -8483 -5112 -13595 -13595 OTHER INCOME 900099 672027 672027 672027 410135895 253941331 60049897 41559300 X 7597050 208829 7388221 145501595 115133016 30368579 12846475 10023727 2822748 50701221 41055997 9645224 12090868 9434149 2656719 16562256 348166 16214090 918376 147315 771061 126151 126151 76002665 62519678 13482987 1068 1068 14717674 12753727 1963947 11992184 2225798 9766386 17858622 13583080 4275542 3047402 2773765 273637 2011679 1816616 195063 596020 596020 13073595 8795510 4278085 2072244 22831 2049413 OTHER EXPENSES 13972655 7693906 6278749 EQUIP RENTAL/MAINTENANC 5394552 5339185 55367 PRINTING/PUBLICATIONS 7854 5851 2003 407092206 293881146 113211060 0 27468868 33257102 941859 6974304 114766766 81841050 4827814 7309182 8152116 8855122 429857669 336495819 95013106 93361850 26771908 34186630 48256577 58343437 326199014 324128677 59007562 62102280 18024919 16121774 49868011 51630785 126900492 129854839 X 199283522 194258838 15000 15000 199298522 194273838 326199014 324128677 X 3043689 -1004623 -7063750 X 0 1 X 1 1 1 X 63960292 54230670 47214537 45026049 54585367 265016915 290385265 269782394 278574475 276468863 253269304 1368480301 354345557 324013064 325789012 321494912 307854671 1633497216 0 138904520 113500000 142993520 146546571 124077638 666022249 138904520 113500000 142993520 146546571 124077638 666022249 967474967 11355920 42652037 13183980 7357273 43481413 118030623 41934381 41005628 38678246 46868653 60049897 228536805 53290301 83657665 51862226 54225926 103531310 346567428 273979 672027 946006 407635858 407670729 377651238 375994817 412058008 1981010650 0.48840 0.49560 0.17490 0.14670 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 126151 126151 0 PART II-B, LINE 1: SRI PAID LOBBYING FEES TO INNOVATIVE FEDERAL STRATEGIES, FOR CONGRESSIONAL RELATIONS WORK ON BEHALF OF SRI. 13396628 13396628 244737980 202935432 41802548 13309958 11614746 1695212 137881277 112935259 24946018 20531826 9010382 11521444 93361850 OTHER ASSETS 23624852 INVESTMENT IN SUBSIDIARY 18372000 DEFERRED INCOME TAXES 4928906 OPERATING LEASE RIGHT-OF-USE ASSETS 11417679 58343437 CLIENT ADVANCES & CREDITS 17359052 OTHER NON CURRENT LIABILITIES 21246917 OPERATING LEASE LIABILITIES, NET OF CURRENT PORTION 7460504 OPERATING LEASE LIABILITIES 5564312 51630785 EAST ASIA 1 37 PROGRAM SERVICES PROJECT DEVELOPMENT / PROJECT SUPPORT 2592000 EUROPE 0 25 PROGRAM SERVICES PROJECT DEVELOPMENT / PROJECT SUPPORT 1925000 MIDDLE EAST 0 1 PROGRAM SERVICES PROJECT DEVELOPMENT 162000 NORTH AMERICA 0 11 PROGRAM SERVICES PROJECT DEVELOPMENT 3371000 NORTH AMERICA 0 4 PROGRAM SERVICES NSF ATOMOSPHERIC RESEARCH FACILITY 1370000 SOUTH ASIA 0 0 PROGRAM SERVICES PROJECT SUPPORT 1000 1 78 0 0 1 78 9421000 0 9421000 0 0 1 0 0 0 PART III ACCOUNTING METHOD: SCHEDULE F, PART IV, LINE 3 FORM 5471 FILED ON BEHALF OF STATEMENT STATEMENT PURSUANT TO TREASURY REGULATION SECTION 1.6038-2(J)(3) AND TREASURY REGULATION SECTION 1.6046-1(E)(5) THE FOLLOWING INFORMATION IS SUBMITTED WITH RESPECT TO SRI INTERNATIONAL FORM 5471 (INFORMATION RETURN OF U.S. PERSONS WITH RESPECT TO CERTAIN FOREIGN CORPORATIONS) FILING REQUIREMENT FOR: NAME OF FOREIGN CORPORATION: RAVENSWOOD TECHNOLOGIES UK LIMITED ADDRESS OF FOREIGN CORPORATION: THIRD FLOOR, 24 CHISWELL STREET, LONDON, UK ECIY 4YX THE FORM 5471 FILING REQUIREMENT FOR THIS FOREIGN CORPORATION HAS BEEN SATISIFIED BY INCLUSION IN THE FOLLOWING U.S. FILER'S TAX RETURN: NAME OF U.S. FILER: RAVENSWOOD SOLUTIONS ADDRESS OF U.S. FILER: 3065 SKYWAY COURT, FREMONT, CA 94539 EIN: 47-2893226 TAX YEAR: DECEMBER 31, 2022 TYPE OF RETURN FILED: FORM 1120 IRS SERVICE CENTER: E-FILED SCHEDULE F, PART IV, LINE 3 FORM 5471 FILED ON BEHALF OF STATEMENT STATEMENT PURSUANT TO TREASURY REGULATION SECTION 1.6038-2(J)(3) AND TREASURY REGULATION SECTION 1.6046-1(E)(5) THE FOLLOWING INFORMATION IS SUBMITTED WITH RESPECT TO SRI INTERNATIONAL FORM 5471 (INFORMATION RETURN OF U.S. PERSONS WITH RESPECT TO CERTAIN FOREIGN CORPORATIONS) FILING REQUIREMENT FOR: NAME OF FOREIGN CORPORATION: RAVENSWOOD TECHNOLOGIES KENYA LIMITED ADDRESS OF FOREIGN CORPORATION: MIRAGE TOWERS, CHIROMO ROAD, P. O. BOX 1791 - 00606 - SARIT CENTRE, NAIROBI, KENYA THE FORM 5471 FILING REQUIREMENT FOR THIS FOREIGN CORPORATION HAS BEEN SATISIFIED BY INCLUSION IN THE FOLLOWING U.S. FILER'S TAX RETURN: NAME OF U.S. FILER: RAVENSWOOD SOLUTIONS ADDRESS OF U.S. FILER: 3065 SKYWAY COURT, FREMONT, CA 94539 EIN: 47-2893226 TAX YEAR: DECEMBER 31, 2022 TYPE OF RETURN FILED: FORM 1120 IRS SERVICE CENTER: E-FILED X X 1 1 X X X X X 0 0 1 0 0 0 1 1 0 PHILLIP PORRAS TECHNICAL DIRECTOR 313474 0 50000 0 727677 0 6100 0 62778 0 1160029 0 0 0 PATRICK LINCOLN VP ICS, DIRECTOR CSL 358287 0 134000 0 312466 0 6100 0 84203 0 895056 0 0 0 JOHN P MCINTIRE CHIEF LEGAL OFFICER 393393 0 192540 0 120011 0 6100 0 111866 0 823910 0 0 0 DAVID PAREKH CEO 713560 0 0 0 7346 0 6100 0 77638 0 804644 0 0 0 DAVID STRINGER-CALVERT DEPUTY GENERAL COUNSEL 265876 0 70000 0 378897 0 5364 0 79181 0 799318 0 0 0 WILLIAM MARK PRESIDENT, ICS DIVISION 421557 0 183874 0 77184 0 6100 0 85309 0 774024 0 0 0 STEPHANIE DEFINO CHIEF FINANCIAL OFFICER 387291 0 165034 0 6461 0 6100 0 100369 0 665255 0 0 0 STEVEN PERNA PRESIDENT, INSYS DIVISION 359841 0 174610 0 38197 0 6100 0 82923 0 661671 0 0 0 JOHN CROWE PRESIDENT, ATSD DIVISION 355519 0 190752 0 10566 0 6100 0 94020 0 656957 0 0 0 SHARI GOLAN PRESIDENT, EDUCATION DIVISION 339083 0 167352 0 19800 0 6100 0 95504 0 627839 0 0 0 MICHAEL PAGE CHIEF INFORMATION OFFICER 379367 0 114286 0 18670 0 6100 0 74836 0 593259 0 0 0 ADOLF PFEFFERBAUM SCIENTIFIC MANAGEMENT V 418541 0 80000 0 5570 0 6100 0 54982 0 565193 0 0 0 JOANN LIME CHIEF HUMAN RESOURCES OFFICER 296512 0 129480 0 9582 0 6100 0 111227 0 552901 0 0 0 JON MIRSALIS PRESIDENT, BIOSCIENCE FROM 7/1/2022 329312 0 104000 0 5819 0 6100 0 94805 0 540036 0 0 0 JOHN VAN SCOTER VP, BUSINESS MANAGEMENT 338834 0 115000 0 5700 0 6100 0 58540 0 524174 0 0 0 IAN COLRAIN PRESIDENT, BIOSCIENCE THRU 6/30/2022 197733 0 197093 0 72850 0 4687 0 46081 0 518444 0 0 0 PART I, LINE 1A SRI'S TRAVEL POLICY IS STRUCTURED FOR COMPLIANCE WITH FAR 31 205-46. UNDER SUB-SECTION (D) OF THIS PROVISION, AIRLINE COSTS IN EXCESS OF THE LOWEST CUSTOMARY STANDARD ARE ALLOWABLE IN SITUATIONS TO ACCOMMODATE THE PHYSICAL OR MEDICAL NEEDS OF THE TRAVELER. THE DECISION TO PERMIT SUCH TRAVEL, SOLELY FOR MEDICAL REASONS ON AN INDIVIDUAL BASIS, WAS ISSUED FROM THE CONTROLLER'S OFFICE WITHIN THE AUSPICES OF THE CHIEF FINANCIAL OFFICER (CFO). A TEMPORARY HOUSING SUBSIDY IS OCCASIONALLY INCLUDED AS PART OF THE RELOCATION PACKAGE OFFERED TO QUALIFIED EMPLOYEES. PART I, LINE 4C LIKE MOST UNIVERSITIES AND OTHER RESEARCH INSTITUTIONS, AND CONSISTENT WITH THE REQUIREMENTS OF THE BAYH-DOLE ACT [35 U S C 200 ET SEQ], SRI SHARES WITH SRI INVENTORS AND OTHER CONTRIBUTORS ROYALTIES IN THE FORM OF CASH OR EQUITY RECEIVED FROM SPIN-OFF AND OTHER COMPANIES TO WHOM SRI INTELLECTUAL PROPERTY IS LICENSED OR TRANSFERRED. THE TERMS AND CONDITIONS UNDER WHICH SRI SHARES SUCH EQUITY ARE LAID OUT IN DETAIL IN SRI'S INTELLECTUAL PROPERTY ROYALTY AND EQUITY SHARING PROGRAM THAT WAS APPROVED BY THE IRS IN A PRIVATE LETTER RULING ISSUED IN 1999. OF THE OFFICERS, DIRECTORS, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES LISTED ON FORM 990, PART VII, SECTION A, LINE 1A, EIGHT RECEIVED EQUITY-BASED PAYMENTS. PART I, LINE 6 LIKE MOST UNIVERSITIES AND OTHER RESEARCH INSTITUTIONS, AND CONSISTENT WITH THE REQUIREMENTS OF THE BAYH-DOLE ACT [35 U S C 200 ET SEQ], SRI SHARES WITH SRI INVENTORS AND OTHER CONTRIBUTORS ROYALTIES IN THE FORM OF CASH OR EQUITY RECEIVED FROM SPIN-OFF AND OTHER COMPANIES TO WHOM SRI INTELLECTUAL PROPERTY IS LICENSED OR TRANSFERRED. THE TERMS AND CONDITIONS UNDER WHICH SRI SHARES SUCH EQUITY ARE LAID OUT IN DETAIL IN SRI'S INTELLECTUAL PROPERTY ROYALTY AND EQUITY SHARING PROGRAM THAT WAS APPROVED BY THE IRS IN A PRIVATE LETTER RULING ISSUED IN 1999. OF THE OFFICERS, DIRECTORS, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES LISTED ON FORM 990, PART VII, SECTION A, LINE 1A, FIFTEEN RECEIVED ROYALTY PAYMENTS TOTALING $1,710,849 , WITH INDIVIDUAL AMOUNTS RANGING FROM $500 TO $725,888 . PART I, LINE 7 THE AMOUNTS SHOWN IN COLUMN (II) OF SECTION B OF PART (II) INCLUDE PERFORMANCE BASED COMPENSATION (PBC). PBC IS A FINANCIAL INCENTIVE POOL OF FUNDS THAT IS PRE-APPROVED BY THE BOARD OF DIRECTORS ANNUALLY. PBC PAYOUT IS BASED ON THE FOLLOWING FACTORS THAT ARE DESIGNED TO ALIGN INDIVIDUAL AND ORGANIZATIONAL PERFORMANCE WITH THE NON-PROFIT MISSION OF SRI: GROWTH IN ORDER BOOKINGS, GROWTH IN CONTRACT LABOR REVENUE, MEETING THRESHOLD INCOME FROM RESEARCH CONTRACTS, GENERATING ROYALTY INCOME, GENERATING NEW EQUITY ASSETS RESULTING FROM SPIN-OFF COMPANIES, GENERATING NEW PATENTS, PUBLISHING RESEARCH RESULTS, AND OTHER SUCH METRICS AS DEEMED RELEVANT BY MANAGEMENT FOR THE FISCAL YEAR. A CA INFRASTRUCTURE AND DEVELOPMENT 630304653 13033W3N1 2018-11-01 10890000 REFINANCING 2010 ISSUE 0 0 0 B CA INFRASTRUCTURE AND DEVELOPMENT 630304653 SEEPARTVI 2012-06-28 18590000 REFINANCING 2003 ISSUE 0 0 0 A 10890000 2018 1 0 1 1 B 18590000 185000 2012 1 0 1 1 A 0 0 0 0 1 0 0 B 0 0 0 0 1 0 0 A 0 0 0 1 1 0 0 0 1 B 0 0 0 1 0 0 0 0 1 A 1 B 1 PART I ROW A COLUMN C: CUSIP MATURITY DATE PRINCIPAL 13033W3N1 12/01/2019 $651,854 13033W3N1 12/01/2020 $673,672 13033W3N1 12/01/2021 $706,036 13033W3N1 12/01/2022 $738,939 13033W3N1 12/01/2023 $773,145 13033W3N1 12/01/2024 $808,715 13033W3N1 12/01/2025 $847,093 13033W3N1 12/01/2026 $886,570 13033W3N1 12/01/2027 $927,767 13033W3N1 12/01/2028 $970,766 13033W3N1 12/01/2029 $1,016,361 13033W3N1 12/01/2030 $1,063,726 13033W3N1 12/01/2031 $825,358 TOTAL $10,890,000 PART I ROW B COLUMN C: CUSIP MATURITY DATE PRINCIPAL 13034ABN9 09/01/2013 $1,075,000 13034ABP4 09/01/2014 $1,110,000 13034ABQ2 09/01/2015 $1,145,000 13034ABR0 09/01/2016 $ 890,000 13034ABS4 09/01/2017 $ 925,000 13034ABT6 09/01/2018 $ 960,000 13034ABU3 09/01/2019 $1,000,000 13034ABV1 09/01/2020 $1,040,000 13034ABW9 09/01/2021 $1,095,000 13034ABX7 09/01/2022 $1,150,000 13034ABX7 09/01/2028 $8,200,000 TOTAL $18,590,000 PART IV 2 C: A) 11/1/2018 B) 4/5/2012 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY SRI STAFF (TAX MANAGER, CFO, CEO), OUTSIDE LEGAL COUNSEL, AND THE AUDIT COMMITTEE. A COPY OF THE FINAL VERSION OF THE FORM 990 IS FURNISHED TO THE EACH MEMBER OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C SRI MAINTAINS AND ENFORCES STANDARDS OF CONDUCT AND CONFLICT-OF-INTEREST POLICIES WHICH, AMONG OTHER THINGS, REQUIRE SUCH PERSONS TO IDENTIFY, DISCLOSE, AND AVOID INTERESTS THAT COULD GIVE RISE TO ETHICAL CONFLICTS. SRI'S LEGAL DEPARTMENT TRAINS ITS OFFICERS, DIRECTORS, AND EMPLOYEES IN SRI'S CODE OF CONDUCT, ETHICS, AND CONFLICTS-OF-INTEREST POLICIES. THE ETHICS AND CONFLICT-OF-INTEREST POLICIES ARE POSTED ON SRI'S INTERNAL WEBSITE. SRI'S ETHICS OFFICER IS REACHABLE BY ALL EMPLOYEES THROUGH SRI'S ETHICS "HOTLINE". SRI'S INTERNAL AUDIT STAFF ASSIST THE ETHICS OFFICER IN INVESTIGATING POTENTIAL VIOLATIONS AND RECOMMENDING REMEDIAL MEASURES. SENIOR MANAGEMENT OVERSEES THESE PERSONNEL AND POLICIES AND ENFORCES CORRECTIVE AND DISCIPLINARY ACTION AS WARRANTED. IN THE EVENT OF POTENTIAL CONFLICTS, THE PERSONS INVOLVED ARE BARRED FROM PARTICIPATING IN THE DELIBERATIONS AND DECISIONS REGARDING THE MATTER WHICH IS THE SUBJECT OF THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 AMONG THE COMMITTEES OF THE SRI BOARD OF DIRECTORS IS THE COMPENSATION AND MANAGEMENT DEVELOPMENT COMMITTEE (THE "COMMITTEE"), WHICH IS COMPOSED OF FIVE INDEPENDENT DIRECTORS. THE COMMITTEE REVIEWS AND APPROVES COMPENSATION LEVELS FOR SRI'S SENIOR STAFF AND CEO ON AN ANNUAL BASIS, BASED ON COMPARABLE COMPENSATION INFORMATION FOR SIMILARLY-SITUATED COMPANIES. THIS COMPARABLE COMPENSATION INFORMATION IS DEVELOPED OR OBTAINED BY A QUALIFIED, EXPERIENCED AND INDEPENDENT COMPENSATION CONSULTANT, WHO PROVIDES A REPORT AND OPINION TO THE COMMITTEE REGARDING THE REASONABLENESS OF THE PROPOSED COMPENSATION LEVELS IN LIGHT OF THE EXTERNAL DATA. THE MINUTES OF THE COMMITTEE REFLECT AND DOCUMENT THE DECISIONS, INCLUDING THE ANALYSIS AND DATA CONSIDERED BY THE COMMITTEE. THE MINUTES OF THE COMMITTEE'S MEETINGS ARE MAINTAINED BY THE VP OF HUMAN RESOURCES AND THE GENERAL COUNSEL. THE COMPENSATION REVIEW WAS LAST COMPLETED IN MAY 2023. FORM 990, PART VI, SECTION C, LINE 19 SRI'S ORGANIZATIONAL DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. COPIES OF THE FINANCIAL STATEMENTS CAN ALSO BE OBTAINED FROM THE OFFICE OF THE CALIFORNIA SECRETARY OF STATE, WHERE A COPY IS FILED ANNUALLY. SRI'S CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G SUBCONTRACTORS AND CONSULTANTS: PROGRAM SERVICE EXPENSES 42,568,272. MANAGEMENT AND GENERAL EXPENSES 675,006. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 43,243,278. OTHER PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 19,951,406. MANAGEMENT AND GENERAL EXPENSES 12,807,981. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 32,759,387. FORM 990, PART XI, LINE 9: CHANGE IN DEFERRED TAX ASSET -1,240,650. EQUITY IN EARNINGS FROM SUBSIDIARY -5,823,100. RAVENSWOOD SOLUTIONS INC 3065 SKYWAY COURT FREMONT CA 94539 472893226 TRAINING SYSTEMS DE SRI INTERNATIONAL C 5823100 29965000 1.00000 1 RAVENSWOOD TECHNOLOGIES UK LIMITED THIRD FLOOR 24 CHISWELL STREET LONDON UK ECIY 4YX MANAGED SERVICES UK RAVENSWOOD SOLUTIONS INC 532479 566878 1.00000 1 RAVENSWOOD TECHNOLOGIES KENYA LIMITED MIRAGE TOWERS CHIROMO ROAD P O NAIROBI KE 00606 MANAGED SERVICES KE RAVENSWOOD SOLUTIONS INC 720927 2798968 1.00000 1 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 RAVENSWOOD SOLUTIONS D 5000000 BOOK VALUE RAVENSWOOD SOLUTIONS F 33000 BOOK VALUE RAVENSWOOD SOLUTIONS L 183310 COST