2016-10-26T11:07:43-05:00 2015-12-31 910189318 Moss Adams LLP 101 Second Street Suite 900 San Francisco CA 94105 990 2015-01-01 542078469 B612 Foundation B612 6506444539 20 Sunnyside Avenue Suite I Mill Valley CA 94941 Danica Remy Chief Operating Officer 6506444539 2016-10-26 1 Lindsey Parnell P00546853 4159561500 2016-10-05 2015 2017-02-10 21:41:12Z X Danica Remy 20 Sunnyside Avenue Suite I Mill Valley CA 94941 746651 0 X WWW.B612FOUNDATION.ORG X 2003 CA The mission of B612 Foundation is to protect Earth from asteroid impacts. 5 4 8 60 0 0 4193421 686274 0 0 3987 53791 2242 1637 4199650 741702 0 25000 0 0 878839 802604 0 0 174035 486585 386584 1365424 1214188 2834226 -472486 3170354 2658929 140197 101258 3030157 2557671 X B612's mission is to protect Earth from asteroid impacts. Through studies and analyses, B612 works toward selecting and deploying technologies most likely to succeed in detecting and deflecting asteroids. B612 also delivers information and education advocacy programs to the general public, the scientific community and world governments about planetary defense on the best technological solutions to protect against asteroid impacts. 0 0 882203 25000 0 In 2015, B612 made progress in programs focused on science, technology, and public education. This included work on the Sentinel Space Telescope, publishing and presenting papers, investing in synthetic tracking capabilities to improve asteroid discovery and providing staff and resource support for to launch Asteroid Day, a global education and awareness campaign.Our ongoing science and technology efforts included further analysis and refinement of the Sentinel Space Telescope design reference mission. We have carried out detailed modeling showing that Sentinel can, in fact, help us achieve our organizational goal of protecting the Earth from dangerous asteroids. In particular, it is capable of detecting numerous smaller (45 to 100 meters) asteroids that can strike our planet that will not be effectively observed by other telescopes. We showed that Sentinel can be optimized to work effectively in the future with the LSST telescope.B612 published a scientific paper entitled "Sentinel Mission Performance for Surveying the NearEarth Object Population," highlighting computer modeling showing the major contribution to asteroid searches possible with Sentinel. B612 presented the findings of that paper at the 4th International Academy of Astronautics Planetary Defense Conference (PDC), and at the Lunar and Planetary Science Conference.B612 also began a technical research project to investigate a technique called synthetic tracking that could greatly improve the performance of small telescopes at finding and tracking asteroids. We have successfully demonstrated synthetic tracking on ground based telescopes. We have shown that small space telescopes could dramatically increase our ability to discover asteroids at a potentially greatly reduced cost.We also advanced progress in the broader field of Planetary Defense through efforts such as Asteroid Day and the Planetary Defense conference. B612 has supported the Planetary Defense Conference from it's inception and in 2015 continued our financial support. B612 was a Founding Partner to a global awareness campaign called Asteroid Day. The first annual Asteroid Day event was held on June 30, 2015. B612 hosted a live web feed of key scientists from San Francisco in partnership with the California Academy of Sciences and disseminated those talks worldwide. Asteroid Day featured worldclass science panelists including many of B612's team and generated thousands of mainstream news articles, reaching billions of people across the globe. See www.asteroidday.org 882203 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 9 0 1 8 1 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 CA X Danica Remy 6506444539 20 Sunnyside Avenue Suite I Mill Valley CA 94941 Edward Lu President & CEO 40.00 X X 240000 0 32567 David Liddle Board Chair 2.00 X X 0 0 0 Geoff Baehr Treasurer 1.00 X X 0 0 0 Clark Chapman Director 1.00 X 0 0 0 Dan Durda Director 1.00 X 0 0 0 Danica Remy VP. Secretary & COO 40.00 X 175000 0 32567 415000 0 65134 2 0 1 0 0 686274 48874 686274 1225 1225 57515 4949 52566 52566 52566 Other Revenue 900099 1637 1637 1637 741702 0 0 55428 X 25000 25000 480134 373729 68770 37635 205038 92992 41232 70814 64313 28484 12236 23593 53119 32403 9030 11686 403 403 329 329 169753 169270 483 68718 51119 10421 7178 118062 97472 813 19777 10791 10791 Payroll Expense 16417 10397 3050 2970 Temporary Staff 2111 1337 392 382 1214188 882203 157950 174035 163226 167891 1079954 1260063 1868224 728884 25250 9140 0 459251 33700 33700 3170354 2658929 90197 101258 50000 0 140197 101258 X 1161933 1828787 1868224 728884 3030157 2557671 3170354 2658929 -472486 0 X 0 1 X 1 0 X 89435 1209794 1618005 4193421 686274 7796929 89435 1209794 1618005 4193421 686274 7796929 3498134 4298795 80 25 133 80 1225 1543 945 2240 1637 4822 7803294 0.55090 0.50450 X Schedule A, Part II, Line 10, Explanation of Other Income: Miscellaneous - 2013 Amount: $ 945. 2014 Amount: $ 2,240. 2015 Amount: $ 1,637. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 Investment in B612 Holding Co. 459251 C 459251 X Part X, Line 2: B612 Foundation is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and the related California code sections. Contributions to B612 Foundation qualify for the charitable contribution deduction B612 Foundation is not classified as a private foundation. The Foundation and Subsidiary believe they have appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the consolidated financial statements. The Subsidiary is a tax paying entity with no deferred tax assets or deferred tax liabilities for disclosure in the footnotes. The Subsidiary files with State and Federal taxing authorities. 1 Europe (Including Iceland & Greenland) 0 0 grants to recipients in region 25000 0 0 0 0 0 0 25000 0 25000 Europe General Support 23000 wire 0 1 0 0 0 0 0 0 Part I, Line 2: The grantees are to provide a grant report and the grantees and principles at the organization names soliciting for funds are checked in the terrorist watch list. X X 0 0 0 0 0 0 0 0 0 Edward Lu President & CEO 240000 0 0 0 0 0 0 0 32567 0 272567 0 0 0 Danica Remy VP. Secretary & COO 175000 0 0 0 0 0 0 0 32567 0 207567 0 0 0 X 3 48874 Fair Market Value 0 0 1 0 Form 990, Part VI, Section B, line 11 The organization's Form 990 is presented to the board prior to filing. Form 990, Part VI, Section B, line 12c Annually each board member of the B612 Foundation completes "Form 990 Questionnaire" that reports obligations and documents disclosures that are necessary to comply with Form 990 requirements. If a conflict arises, the individuals involved are not permitted to participate in the governing body's deliberations and decisions and are prohibited from voting on the transaction. Form 990, Part VI, Section B, line 15 The Board of Directors reviews comparability data and the Board of Directors approval is required for the CEO/Executive Director. The Board of Directors review comparability data and the Board of Directors approval is required for all officers' compensation. The process is documented, and the Board established the initial compensation for the CEO/Executive Director in August, 2012 that was effective the following October 1. His compensation has not changed subsequently. Form 990, Part VI, Section C, line 19 Governing documents, conflict of interest policy, and financial statements are available upon request. Form 990, Part IX, line 11g Consultants: Program service expenses 169,270. Management and general expenses 483. Fundraising expenses 0. Total expenses 169,753. B612 Holding Co 20 Sunnyside Avenue Suite I Mill Valley CA 94941 472568630 Holding Company DE B612 Foundation C 242 1.00000 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 B612 Holding Co B 459251 Book value/actual