ELECTRICORE INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: ELECTRICORE INC (EIN 35-1888396)
Tax period: 2021-01-01 to 2021-12-31
Filed: 2022-09-16
IRS object ID: 202202599349300545
Schema version: 2021v4.0
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
Form 990
Schedule A
Schedule D
Schedule F
Schedule J
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-09-16T14:03:26-07:00	ReturnTs
Tax Period End	2021-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	952904018	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Levy Sapin Ko & Freeman	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	4221 Wilshire Blvd ste 430	AddressLine1Txt
City	Los Angeles	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	90010	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2021-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	351888396	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ELECTRICORE INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	ELEC	BusinessNameControlTxt
Phone	6616070260	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	27943 SMYTH DRIVE SUITE 108	AddressLine1Txt
City	VALENCIA	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	91355	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ILKER BAYRAKTAR	PersonNm
Person Title	President & CEO	PersonTitleTxt
Signature	2022-09-16	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	ILKER	PersonFirstNm
Person Last	BAYRAKTAR	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Scott A Freeman	PreparerPersonNm
PTIN	P00541898	PTIN
Phone	3239368256	PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd
Federated Assurance Level	FAL1	FederatedAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2021	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	ILKER BAYRAKTAR	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	27943 SMYTH DRIVE SUITE 108	AddressLine1Txt
City	VALENCIA	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	91355	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$10,671,016	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	www.electricore.org	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1993	FormationYr
Legal Domicile State	CA	LegalDomicileStateCd
Activity Or Mission	SEE SCHEDULE O.	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	5	VotingMembersIndependentCnt
Total Employee	5	TotalEmployeeCnt
Total Gross UBI	$0	TotalGrossUBIAmt
PY Contributions Grants	$182,725	PYContributionsGrantsAmt
CY Contributions Grants	$207,461	CYContributionsGrantsAmt
PY Program Service Revenue	$3,199,888	PYProgramServiceRevenueAmt
CY Program Service Revenue	$10,455,221	CYProgramServiceRevenueAmt
PY Investment Income	$4,349	PYInvestmentIncomeAmt
CY Investment Income	$2,055	CYInvestmentIncomeAmt
PY Other Revenue	$61,295	PYOtherRevenueAmt
CY Other Revenue	$6,279	CYOtherRevenueAmt
PY Total Revenue	$3,448,257	PYTotalRevenueAmt
CY Total Revenue	$10,671,016	CYTotalRevenueAmt
CY Grants And Similar Paid	$5,000	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$588,506	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$865,356	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$2,803,751	PYOtherExpensesAmt
CY Other Expenses	$9,697,384	CYOtherExpensesAmt
PY Total Expenses	$3,392,257	PYTotalExpensesAmt
CY Total Expenses	$10,567,740	CYTotalExpensesAmt
PY Revenues Less Expenses	$56,000	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$103,276	CYRevenuesLessExpensesAmt
Total Assets BOY	$1,448,985	TotalAssetsBOYAmt
Total Assets EOY	$6,400,669	TotalAssetsEOYAmt
Total Liabilities BOY	$1,195,035	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$6,043,443	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$253,950	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$357,226	NetAssetsOrFundBalancesEOYAmt
Mission	SEE SCHEDULE O.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$9,913,670	ExpenseAmt
Desc	THE ORGANIZATION FULFILLS ITS EXEMPT PURPOSE BY SERVICING CONTRACTS WITH US GOVERNMENT ENTITIES TO CARRY OUT RESEARCH, TECHNOLOGY DEVELOPMENT AND EDUCATION.	Desc
Total Program Service Expenses	$9,913,670	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	false	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	false	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	false	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	Yes (true)	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (true)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	Yes (true)	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	Yes (true)	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	Yes (true)	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	4	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	5	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Form8282 Filed	0	Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Form8899 Filedind	false	Form8899Filedind
Form1098 C Filed	false	Form1098CFiledInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	7	GoverningBodyVotingMembersCnt
Independent Voting Member	5	IndependentVotingMemberCnt
Family Or Business Rln	Yes (true)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	false	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	IN	StatesWhereCopyOfReturnIsFldCd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	SARA ODOM	PersonNm
Phone	6616070260	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	27943 SMYTH DRIVE SUITE 108	AddressLine1Txt
City	VALENCIA	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	91355	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 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
DEBORAH JELEN
Executive Dir.	30.00	0.00	Yes (X)	Yes (X)	$209,303	$0	$29,011
ILKER BAYRAKTAR
President & CEO	30.00	0.00	Yes (X)	Yes (X)	$195,084	$0	$37,869
Sara J Odom
SR PROGRAM MGR	40.00	0.00			$187,497	$0	$35,150
CLAUDE LETOURNEAU
Chairman	2.00	0.00	Yes (X)		$0	$0	$0
JACQUES DELISLE
Director	2.00	0.00	Yes (X)		$0	$0	$0
JOHN WATERS
Director	2.00	0.00	Yes (X)		$0	$0	$0
ONER YURTSEVEN
Director	2.00	0.00	Yes (X)		$0	$0	$0
KENNETH ZURAWSKI
Director	2.00	0.00	Yes (X)		$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$591,884	TotalReportableCompFromOrgAmt
Total Other Compensation	$102,030	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	3	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt	CityContractorAddress/ForeignAddress/CityNm	Province Or StateContractorAddress/ForeignAddress/ProvinceOrStateNm	CountryContractorAddress/ForeignAddress/CountryCd	Foreign PostalContractorAddress/ForeignAddress/ForeignPostalCd	ServicesServicesDesc	CompensationCompensationAmt	Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd
SVANTE INC
8528 GLENLYON PARKWAY UNIT 143	BURNABY	BRITISH COLUMBIA	CA	V5J0B6	PROJECT SUBCONTRACTOR	$1,845,599
BENNETT PUMP COMPANY
					PROJECT SUBCONTRACTOR	$367,074	1218 E PONTALUNA ROAD	SPRING LAKE	MI	49456
CLIMEWORKS
BIRCHSTRASSE 155		ZURICH	SZ	CH - 8050	PROJECT SUBCONTRACTOR	$382,486
KIEWIT ENGINEERING GROUP
					PROJECT SUBCONTRACTOR	$1,545,418	PO BOX 841025	DALLAS	TX	752841025

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	4	CntrctRcvdGreaterThan100KCnt
Membership Dues	$207,461	MembershipDuesAmt
Total Contributions	$207,461	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	PROGRAM REVENUE	Desc
Total Revenue Column	$10,455,221	TotalRevenueColumnAmt
Exclusion	$10,455,221	ExclusionAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$10,455,221	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,055	TotalRevenueColumnAmt
Exclusion	$2,055	ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Income From Gaming NetIncomeFromGamingGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDesc	Total Revenue ColumnTotalRevenueColumnAmt	ExclusionExclusionAmt
IN-KIND REVENUE	$6,279	$6,279
OTHER REVENUE

Field	Value	IRS element (for citing)
Other Revenue Total	$6,279	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$10,671,016	TotalRevenueColumnAmt
Exclusion	$10,463,555	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$5,000	TotalAmt
Program Services	$5,000	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$404,388	TotalAmt
Program Services	$17,691	ProgramServicesAmt
Management And General	$386,697	ManagementAndGeneralAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$385,553	TotalAmt
Program Services	$385,553	ProgramServicesAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$28,130	TotalAmt
Program Services	$14,360	ProgramServicesAmt
Management And General	$13,770	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$47,285	TotalAmt
Program Services	$24,138	ProgramServicesAmt
Management And General	$23,147	ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$23,835	TotalAmt
Program Services	$9,017	ProgramServicesAmt
Management And General	$14,818	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$25,348	TotalAmt
Management And General	$25,348	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$77,347	TotalAmt
Program Services	$12,260	ProgramServicesAmt
Management And General	$65,087	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$10,035	TotalAmt
Program Services	$4,970	ProgramServicesAmt
Management And General	$5,065	ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$8,751	TotalAmt
Program Services	$4,467	ProgramServicesAmt
Management And General	$4,284	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$26,965	TotalAmt
Program Services	$535	ProgramServicesAmt
Management And General	$26,430	ManagementAndGeneralAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$42,742	TotalAmt
Management And General	$42,742	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
MILESTONE PAYMENTS	$9,429,947	$9,429,947
Miscellaneous Expense	$40,344	$215	$40,129
IN-KIND EXPENSES	$6,279		$6,279
PROGRAM MATERIALS	$5,791	$5,517	$274

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$10,567,740	TotalAmt
Program Services	$9,913,670	ProgramServicesAmt
Management And General	$654,070	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$110,156	BOYAmt
EOY	$294,577	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$386,597	BOYAmt
EOY	$388,652	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$324,029	BOYAmt
EOY	$2,964,155	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$25,828	BOYAmt
EOY	$35,543	EOYAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$602,375	BOYAmt
EOY	$2,717,742	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,448,985	BOYAmt
EOY	$6,400,669	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$670,011	BOYAmt
EOY	$5,393,642	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$406,688	BOYAmt
EOY	$645,227	EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

Field	Value	IRS element (for citing)
BOY	$100,000	BOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$18,336	BOYAmt
EOY	$4,574	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,195,035	BOYAmt
EOY	$6,043,443	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	$253,950	BOYAmt
EOY	$357,226	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$253,950	BOYAmt
EOY	$357,226	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,448,985	BOYAmt
EOY	$6,400,669	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$103,276	ReconcilationRevenueExpnssAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	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 (true)	AuditCommitteeInd
Federal Grant Audit Required	Yes (true)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (true)	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	$141,167	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$102,624	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$113,417	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$182,725	CurrentTaxYearMinus1YearAmt
Current Tax Year	$207,461	CurrentTaxYearAmt
Total	$747,394	TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$141,167	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$102,624	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$113,417	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$182,725	CurrentTaxYearMinus1YearAmt
Current Tax Year	$207,461	CurrentTaxYearAmt
Total	$747,394	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$0	SubstantialContributorsTotAmt
Public Support Total170	$747,394	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,865	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,496	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$4,442	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$4,349	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,055	CurrentTaxYearAmt
Total	$15,207	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	$177	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$11	CurrentTaxYearMinus1YearAmt
Total	$188	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$762,789	TotalSupportAmt
Public Support CY170	0.97980	PublicSupportCY170Pct
Public Support PY170	0.97930	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule D IRS990ScheduleD

Other Assets Org OtherAssetsOrgGrp

Field	Value	IRS element (for citing)
Desc	CONTRACT ASSETS (ASC 606)	Desc
Book Value	$2,717,742	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$2,717,742	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	CONTRACT LIABILITIES (ASC 606)	Desc
Amt	$4,574	Amt

Field	Value	IRS element (for citing)
Total Liability	$4,574	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	$10,671,016	TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal	$10,671,016	RevenueSubtotalAmt
Total Revenue Per Form990	$10,671,016	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$10,567,740	TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal	$10,567,740	ExpensesSubtotalAmt
Total Expenses Per Form990	$10,567,740	TotalExpensesPerForm990Amt

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)

RegionRegionTxt	OfficesOfficesCnt	EmployeeEmployeeCnt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
NORTH AMERICA	0	0	PROGRAM SERVICES	CONSULTING & RESEARCH	$4,478,456
EUROPE	0	0	PROGRAM SERVICES	SUBCONTRACTOR	$778,523

Field	Value	IRS element (for citing)
Subtotal Spent	$5,256,979	SubtotalSpentAmt
Total Spent	$5,256,979	TotalSpentAmt
Transfer To Foreign Corp	false	TransferToForeignCorpInd
Interest In Foreign Trust	false	InterestInForeignTrustInd
Foreign Corp Ownership	false	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	false	PassiveForeignInvestmestCoInd
Foreign Partnership	false	ForeignPartnershipInd
Boycott Countries	false	BoycottCountriesInd

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Club Dues Or Fees	Yes (X)	ClubDuesOrFeesInd
Written Policy Ref T And E Expnss	Yes (true)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (true)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	false	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	false	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	false	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	false	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	false	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	false	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	Yes (true)	AnyNonFixedPaymentsInd
Initial Contract Exception	false	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt
DEBORAH JELEN
Executive Dir.	$132,330	$70,000	$6,973	$11,780	$17,231	$238,314
ILKER BAYRAKTAR
President & CEO	$125,084	$70,000		$7,505	$30,364	$232,953
Sara J Odom
SR PROGRAM MGR	$111,188	$70,000	$6,309	$6,624	$28,526	$222,647

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Part I, Line 1a: Relevant information in regards to selections on 1a.
Part I, Line 7: Non-Fixed payments not listed above	PERFORMANCE BONUSES WERE INCLUDED IN COMPENSATION WITH ALL PERSONS LISTED IN FORM 990, PART VII, SECTION A, LINE 1A.

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp

Field	Value	IRS element (for citing)
Person	ILKER BAYRAKTAR	PersonNm
Relationship With Org	OFFICER	RelationshipWithOrgTxt
Loan Purpose	LIQUIDITY	LoanPurposeTxt
Loan To Organization	Yes (X)	LoanToOrganizationInd
Original Principal	$100,000	OriginalPrincipalAmt
Default	false	DefaultInd
Board Or Committee Approval	Yes (true)	BoardOrCommitteeApprovalInd
Written Agreement	Yes (true)	WrittenAgreementInd

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (6 entries)

Relationship DescriptionRelationshipDescriptionTxt	TransactionTransactionAmt	TransactionTransactionDesc	Sharing Of RevenuesSharingOfRevenuesInd
Empirical Systems Aerospa
Officers/BOD	$2,400	RENT PAID - OFFICE SPACE	false
Empirical Systems Aerospa
OFFICERS/BOD	$50,000	PROGRAM REVENUE	false
Empirical Systems Aerospa
OFFICERS/BOD	$18,500	CONSORTIUM MEMBER FEES	false
SVANTE
OFFICERS/BOD	$4,478,756	CONTRACT COSTS	false
SVANTE
OFFICERS/BOD		PARTICIPANT FEES	false
KATHRYN FAGUNDO
RELATED PARTY	$89,969	PAYROLL	false

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule L, Part V Supplemental Information	FormAndLineReferenceDesc
Explanation	ELECTRICORE'S OFFICERS DEBORAH JELEN & ILKER BAYRAKTAR ARE MEMBERS OF THE BOARD OF DIRECTORS FOR EMPIRICAL SYSTEMS AEROSPACE (ESAERO). ILKER BAYRAKTAR SERVES AS THE CHAIRMAN OF THE BOARD AND IS A MINORITY SHAREHOLDER OF ESAERO. ELECTRICORE WORKS WITH ESAERO ON ONE PROJECT. ELECTRICORE RECOGNIZED $50,000 OF PROGRAM REVENUE & $18,500 OF CONSORTIUM MEMBERSHIP FEES FROM ESAERO IN 2021. ELECTRICORE PAID ESAERO $2,400 FOR OFFICE SPACE RENT IN 2021. CLAUDE LETORNEAU, CHAIRMAN OF THE BOARD FOR ELECTRICORE, WORKS FOR SVANTE (FORMERLY INVENTYS). SVANTE IS A SUBCONTRACTOR TO ELECTRICORE ON SEVERAL DOE GRANTS. ELECTRICORE HAD CONTRACT COSTS OF $4,478,756 WITH SVANTE IN 2021. THE AFOREMENTIONED CONTRACT COSTS WERE RELATED TO PROGRAM EXPENSES UNDER FEDERAL CONTRACTS. AS OF 12/31/21, ELECTRICORE OWED $2,989,296 IN ACCOUNTS PAYABLE TO SVANTE. THE ACCOUNTS PAYABLE BALANCE RELATED TO PROGRAM EXPENSES UNDER FEDERAL CONTRACTS.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Line 11b: Form 990 Review Process	THE FINANCE MANAGER REVIEWS THE FORM 990 WHICH IS PREPARED BY A PROFESSIONAL SERVICES FIRM. SUBSEQUENTLY, THE FORM 990 IS SHARED WITH THE PRESIDENT OF ELECTRICORE FOR HIS REVIEW AND SIGNATURE. BEFORE THE FORM 990 IS FILED WITH THE INTERNAL REVENUE SERVICE A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO ALL THE BOARD MEMBERS OF ELECTRICORE.
Form 990, Part VI, Line 19: Other Organization Documents Publicly Available	DOCUMENTS ARE MADE AVAILABLE UPON REQUEST FROM ELECTRICORE'S OFFICES AND ON-LINE VIA GUIDESTAR.
FORM 990 - ORGANIZATION'S MISSION	ELECTRICORE IS ACTING AS A CONSORTIUM FOR ADVANCED TECHNOLOGY, DEVELOPMENT AND EDUCATION IN SCIENCE AND TECHNOLOGY, CONTRIBUTING TO THE SUCCESS OF THE UNITED STATES' RESEARCH & DEVELOPMENT AND EDUCATION VIA COLLABORATIVE PROGRAMS WITH FEDERAL, STATE AND LOCAL GOVERNMENTS, UNIVERSITIES AND PRIVATE SECTOR COMPANIES.
FORM 990, PART VI, LINE 12c - ENFORCEMENT OF CONFLICTS POLICY	THE POLICY REQUIRES THAT ANY POTENTIAL CONFLICT OF INTEREST BE BROUGHT TO THE ATTENTION OF THE PRESIDENT/CEO WHO DECIDES IF A CONFLICT EXISTS AND, IF SO, DETERMINES AN APPROPRIATE COURSE OF ACTION WHICH MAY INCLUDE ESCALATION TO THE CONFLICT OF INTEREST COMMITTEE OF THE BOARD OF DIRECTORS.
FORM 990, PART VI, LINE 15a - COMPENSATION PROCESS FOR TOP OFFICIALS	A COMPENSATION COMMITTEE, MADE UP OF INDEPENDENT BOARD MEMBERS, REVIEW THE SALARIES FOR THE PRESIDENT AND EXECUTIVE DIRECTOR. THE COMMITTEE DETERMINES THE EXECUTIVES' COMPENSATION USING COMPARATIVE DATA. THE PROCEEDINGS OF THE COMMITTEE ARE RECORDED CONTEMPORANEOUSLY. ALL MANAGEMENT SALARIES ARE APPROVED BY THE BOARD OF DIRECTORS.
FORM 990, PART VI, LINE 2 - RELATED PARTY INFORMATION AMONG OFFICERS	THE FOLLOWING OFFICERS ARE MEMBERS IN COLIBRI ENTERPRISES, LLC:MEMBER ILKER BAYRAKTARMEMBER DEBORAH JELENTHE FOLLOWING OFFICERS ARE ON THE BOARD OF DIRECTORS OF EMPIRICAL SYSTEMS AEROSPACE:BOARD MEMBER ILKER BAYRAKTARBOARD MEMBER DEBORAH JELENIN 2021, ELECTRICORE RECEIVED GRANT INCOME AND PARTICIPANT FEES FROM EMPIRICAL SYSTEMS AEROSPACE IN THE AMOUNTS OF $50,000 AND $18,500 RESPECTIVELY.ELECTRICORE RENTS OFFICE SPACE FOR $2,400 ANNUALLY IN AN EMPIRICAL SYSTEMS AEROSPACE OFFICE.THE FOLLOWING OFFICER IS THE CHIEF EXECUTIVE OFFICER OF SVANTE:CHAIRMAN CLAUDE LETOURNEAUIN 2021, ELECTRICORE ACCRUED CONTRACT COSTS TO SVANTE IN THE AMOUNT OF $4,478,756 AND MADE PAYMENTS TO SVANTE IN THE AMOUNT OF $1,845,599. THE AFOREMENTIONED CONTRACT COSTS WERE FEDERAL PROGRAM EXPENSES.AS OF 12/31/21, ELECTRICORE OWED $2,989,296 IN ACCOUNTS PAYABLE TO SVANTE.IN 2020, ILKER BAYRAKTAR, AN OFFICER OF ELECTRICORE, LOANED $100,000 TO ELECTRICORE FOR LIQUIDITY PURPOSES. THE LOAN WAS APPROVED BY ELECTRICORE'S BOARD OF DIRECTORS. AS OF FEBRUARY 2021 THIS LOAN HAS BEEN PAID BACK IN FULL.