X PRIZE FOUNDATION INC: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- X PRIZE FOUNDATION INC (EIN 52-1876879)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-11-15
- IRS object ID
- 201633209349316423
- Schema version
- 2015v2.1
- 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 C
- Schedule D
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-11-15T17:37:07-06:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 952302617 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SINGERLEWAK LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10960 WILSHIRE BLVD STE 700 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 900243783 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 521876879 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | X PRIZE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | XPRI | BusinessNameControlTxt |
| Phone | 3107414880 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 CORPORATE POINTE NO 350 | AddressLine1Txt |
| City | CULVER CITY | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90230 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARCUS SHINGLES | PersonNm |
| Person Title | CHIEF EXECUTIVE OFFICER | PersonTitleTxt |
| Phone | 3107414880 | PhoneNum |
| Signature | 2016-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | NAZANIN BENYAMINI | PreparerPersonNm |
| PTIN | P00666808 | PTIN |
| Phone | 3104773924 | PhoneNum |
| Preparation | 2016-11-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MARCUS SHINGLES | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 CORPORATE POINTE NO 350 | AddressLine1Txt |
| City | CULVER CITY | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90230 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $51,200,261 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.XPRIZE.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1994 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | TO BRING ABOUT RADICAL BREAKTHROUGHS FOR THE BENEFITS OF HUMANITY, THEREBY INSPIRING THE FORMATION OF NEW INDUSTRIES AND THE REVITALIZATION OF MARKETS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 7 | VotingMembersIndependentCnt |
| Total Employee | 77 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $37,136,186 | PYContributionsGrantsAmt |
| CY Contributions Grants | $47,478,234 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $2,228,091 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $3,607,217 | CYProgramServiceRevenueAmt |
| PY Investment Income | $57,454 | PYInvestmentIncomeAmt |
| CY Investment Income | $113,935 | CYInvestmentIncomeAmt |
| PY Other Revenue | $17,451 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $39,439,182 | PYTotalRevenueAmt |
| CY Total Revenue | $51,199,386 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $50,000 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $13,992,343 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $14,986,685 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,577,453 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $10,157,835 | PYOtherExpensesAmt |
| CY Other Expenses | $12,997,099 | CYOtherExpensesAmt |
| PY Total Expenses | $24,150,178 | PYTotalExpensesAmt |
| CY Total Expenses | $28,033,784 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $15,289,004 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $23,165,602 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $81,994,453 | TotalAssetsBOYAmt |
| Total Assets EOY | $109,913,251 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $25,243,116 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $29,996,312 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $56,751,337 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $79,916,939 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $3,354,187 | ExpenseAmt |
| Desc | QUALCOMM TRICORDER XPRIZETHE QUALCOMM TRICORDER XPRIZE IS A $10 MILLION GLOBAL COMPETITION TO STIMULATE INNOVATION AND INTEGRATION OF PRECISION DIAGNOSTIC TECHNOLOGIES, MAKING RELIABLE HEALTH DIAGNOSES AVAILABLE DIRECTLY TO "HEALTH CONSUMERS" IN THEIR HOMES. THE DIRE NEED FOR IMPROVEMENTS IN HEALTH AND HEALTHCARE IN THE U.S. HAS CAPTURED THE ATTENTION OF GOVERNMENT, INDUSTRY, AND PRIVATE CITIZENS FOR YEARS. BUT A VIABLE SOLUTION HAS YET EVADED ON THE MOST TECHNOLOGICALLY ADVANCED, EDUCATED AND PROSPEROUS NATIONS ON THE GLOBE. INTEGRATED DIAGNOSTIC TECHNOLOGY, ONCE AVAILABLE ON A CONSUMER MOBILE DEVICE THAT IS EASY TO USE, WILL ALLOW INDIVIDUALS TO INCORPORATE HEALTH KNOWLEDGE AND DECISION-MAKING INTO THEIR DAILY LIVES. ADVANCES IN THE FIELDS SUCH AS ARTIFICIAL INTELLIGENCE, WIRELESS SENSING, IMAGING DIAGNOSTICS, LAB-ON-A-CHIP, AND MOLECULAR BIOLOGY WILL ENABLE BETTER CHOICES IN WHEN, WHERE, AND HOW INDIVIDUALS RECEIVE CARE, THUS MAKING HEALTHCARE MORE CONVENIENT, AFFORDABLE, AND ACCESSIBLE. THE WINNER WILL BE THE TEAM WHOSE TECHNOLOGY MOST ACCURATELY DIAGNOSES A SET OF DISEASES INDEPENDENT OF A HEALTHCARE PROFESSIONAL OR FACILITY, AND THAT PROVIDES THE BEST CONSUMER USER EXPERIENCE WITH THEIR DEVICE. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,770,936 | ExpenseAmt |
| Desc | GOOGLE LUNAR X PRIZEIN SEPTEMBER 2007 GOOGLE AND THE X PRIZE FOUNDATION LAUNCHED THE GOOGLE LUNAR X PRIZE. THIS IS AN UNPRECEDENTED INTERNATIONAL COMPETITION THAT CHALLENGES AND INSPIRES ENGINEERS AND ENTREPRENEURS FROM AROUND THE WORLD TO DEVELOP LOW-COST METHODS OF ROBOTIC SPACE EXPLORATION. TO WIN THE GRAND PRIZE ($20 MILLION), PRIVATE TEAMS (WITH NO MORE THAN 10% IN GOVERNMENT FUNDING) MUST A) LAND A ROBOT SAFELY ON THE MOON, B) MOVE 500 METERS ON, ABOVE, OR BELOW THE MOON'S SURFACE; AND C) SEND BACK HDTV MOONCASTS FOR EVERYONE TO ENJOY. THIS COMPETITION HAS BEEN EXTENDED TO 2017 IN ORDER TO GIVE TEAMS MORE TIME TO SECURE A LAUNCH CONTRACT. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,047,370 | ExpenseAmt |
| Desc | WENDY SCHMIDT OCEAN HEALTH XPRIZETHE WENDY SCHMIDT OCEAN HEALTH XPRIZE IS A $2 MILLION GLOBAL COMPETITION THAT CHALLENGES TEAMS OF ENGINEERS, SCIENTISTS AND INNOVATORS FROM ALL OVER THE WORLD TO CREATE PH SENSOR TECHNOLOGY THAT WILL AFFORDABLY, ACCURATELY AND EFFICIENTLY MEASURE OCEAN CHEMISTRY FROM ITS SHALLOWEST WATERS TO ITS DEEPEST DEPTHS.THERE WERE TWO PRIZE PURSES AVAILABLE (TEAMS MAY COMPETE FOR, AND WIN, BOTH PURSES):A. $1,000,000 ACCURACY AWARD - PERFORMANCE FOCUSED ($750,000 FIRST PLACE, $250,000 SECOND PLACE): TO THE TEAMS THAT NAVIGATE THE ENTIRE COMPETITION TO PRODUCE THE MOST ACCURATE, STABLE AND PRECISE PH SENSORS UNDER A VARIETY OF TESTS.B. $1,000,000 AFFORDABILITY AWARD - COST AND USE FOCUSED ($750,000 FIRST PLACE, $250,000 SECOND PLACE): TO THE TEAMS THAT PRODUCE THE LEAST EXPENSIVE, EASY-TO-USE, ACCURATE, STABLE, AND PRECISE PH SENSORS UNDER A VARIETY OF TESTS.THE PRIZE WAS AWARDED JULY 2015. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $11,675,619 | ExpenseAmt |
| Grant | $50,000 | GrantAmt |
| Revenue | $3,607,217 | RevenueAmt |
| Desc | GLOBAL LEARNING XPRIZE THE GLOBAL LEARNING XPRIZE IS A COMPETITION THAT CHALLENGES TEAMS FROM AROUND THE WORLD TO DEVELOP OPEN SOURCE SCALABLE SOFTWARE SOLUTION THAT WILL ENABLE CHILDREN IN DEVELOPING COUNTRIES TO TEACH THEMSELVES BASIC READING, WRITING AND ARITHMETIC WITHIN THE 18 MONTH COMPETITION FIELD-TESTING PERIOD. AN ESTIMATED 250 MILLION CHILDREN AROUND THE WORLD CANNOT READ, WRITE, OR DEMONSTRATE BASIC ARITHMETIC SKILLS. MANY OF THESE CHILDREN ARE IN DEVELOPING COUNTRIES WITHOUT REGULAR ACCESS TO QUALITY SCHOOLS OR TEACHERS. THE LEARNING SOLUTIONS DEVELOPED BY THIS PRIZE WILL ENABLE A CHILD TO LEARN AUTONOMOUSLY. AND, THOSE CREATED BY THE FINALISTS WILL BE OPEN-SOURCED FOR ALL TO ACCESS, ITERATE AND SHARE. THIS TECHNOLOGY COULD BE DEPLOYED AROUND THE WORLD, BRINGING LEARNING EXPERIENCES TO CHILDREN OTHERWISE THOUGHT UNREACHABLE, WHO DO NOT HAVE ACCESS TO QUALITY EDUCATION, AND SUPPLEMENTING THE LEARNING EXPERIENCES OF CHILDREN WHO DO. THE $15 MILLION DOLLAR PRIZE IS SCHEDULED TO BE AWARDED THE FIRST QUARTER OF 2015 IS AS FOLLOWS: FIVE FINALISTS WILL BE AWARDED $1 MILLION EACH WILL BE AWARDED BY THE JUDGING PANEL TO TEAMS WITH THE BEST PROPOSED SOLUTIONS. THE GRAND PRIZE WINNER WILL BE AWARDED $10 MILLION FOR THE TOP PERFORMING TEAM SOLUTION BASED ON THE FIELD TESTING OF THE TEAMS.SHELL OCEAN DISCOVERY XPRIZE THE $7 MILLION SHELL OCEAN DISCOVERY XPRIZE IS A GLOBAL COMPETITION CHALLENGING TEAMS TO ADVANCE DEEP-SEA TECHNOLOGIES FOR AUTONOMOUS, FAST AND HIGH-RESOLUTION OCEAN EXPLORATION. THE SUCCESS OF THIS PRIZE WILL ALLOW US TO FULLY EXPLORE AND MAP THE OCEAN FLOOR, AND UNCOVER OUR PLANET'S GREATEST WONDER AND RESOURCE FOR THE BENEFIT OF HUMANITY. THE NATIONAL OCEANOGRAPHIC AND ATMOSPHERIC ADMINISTRATION'S (NOAA) $1 MILLION BONUS PRIZE WILL INCENTIVIZE TEAMS TO DEVELOP TECHNOLOGIES TO DETECT THE SOURCE OF CHEMICAL AND BIOLOGICAL SIGNALS UNDERWATER.THE SHELL OCEAN DISCOVERY XPRIZE WILL USHER IN A NEW ERA OF OCEAN EXPLORATION BY PUSHING THE BOUNDARIES OF EXISTING TECHNOLOGIES AND DISCOVERING NEW OCEAN SPECIES, UNDERWATER RESOURCES, GEOLOGICAL FEATURES, AND SAFER METHODS OF EXPLORING THE DEEP SEA. THE SHELL OCEAN DISCOVERY XPRIZE WILL 1) ACCELERATE INNOVATION FOR THE RAPID AND UNMANNED EXPLORATION OF THE UNCHARTERED DEEP SEA. 2) CATALYZE MARKETS IN DEEP OCEAN EXPLORATION AND DISCOVERY, SUSTAINABLE RESOURCE DEVELOPMENT, AND PROTECTION. 3 ILLUMINATE THE MOST MYSTERIOUS PART OF THE PLANET AND IGNITE THE PUBLIC IMAGINATION.BARBARA BUSH ADULT LITERACY XPRIZE THE BARBARA BUSH FOUNDATION ADULT LITERACY XPRIZE PRESENTED BY DOLLAR GENERAL LITERACY FOUNDATION IS A GLOBAL COMPETITION CHALLENGING TEAMS TO DEVELOP MOBILE APPLICATIONS FOR EXISTING SMART DEVICES THAT RESULT IN THE GREATEST INCREASE IN LITERACY SKILLS AMONG PARTICIPATING ADULT LEARNERS IN JUST 12 MONTHS. THE SOLUTIONS WILL OVERCOME KEY BARRIERS TO LITERACY LEARNING BY IMPROVING ACCESS, WHILE INCREASING RETENTION, AND SCALING TO MEET DEMAND. OUR VISION IS TO EMPOWER NEARLY 1 IN 10 LOW-LITERATE ADULTS LIVING IN THE U.S. WITH THE SKILLS THEY NEED TO IMPROVE THEIR LIVES AND REALIZE THEIR DREAMS. TEAMS WILL COMPETE IN A MULTI-STAGE COMPETITION THAT TESTS FOR 1) ABILITY TO MEASURABLY INCREASE THE LITERACY LEVEL OF LOW-LITERATE ADULTS WITHIN 12 MONTHS 2) CREATION OF A DESIGN THAT IS EASY AND ACCESSIBLE FOR USE ON A MOBILE PHONE SO THAT LEARNERS CAN ACCESS IT AND OPERATE IT FROM ANYWHERE, ANYTIME AND 3) SOFTWARE CURRICULUM THAT IS ENGAGING, RELEVANT AND ATTUNED TO THE NEEDS AND INTERESTS OF THE ADULT LEARNER.COMPETING TEAMS WILL BUILD SOLUTIONS THAT PROPEL ADULT EDUCATION INTO THE 21ST CENTURY AND BEYOND, CREATING SMART, MOBILE SOLUTIONS THAT WILL TAKE LEARNERS FURTHER AND FASTER THAN THEY THOUGHT POSSIBLE. THIS COMPETITION WILL PUT LEARNING TOOLS IN THE HANDS OF THOSE WHO NEED THEM MOST, SO LEARNING CAN HAPPEN ANYTIME, ANYWHERE.THE APPLICATIONS WILL ADDRESS THE COMPLEXITIES OF THE ADULT LEARNER'S LIFE AND REALITY - TACKLING THE LARGEST OBSTACLES TO ACHIEVING BASIC LITERACY BY IMPROVING ACCESS, ENCOURAGING PERSISTENCE, DEVELOPING RELEVANT LEARNING CONTENT, AND SCALING NATIONWIDE.NRG COSIA CARBON XPRIZE THE $20M NRG COSIA CARBON XPRIZE WILL CHALLENGE THE WORLD TO REIMAGINE WHAT WE CAN DO WITH CO2EMISSIONS BY INCENTIVIZING AND ACCELERATING THE DEVELOPMENT OF TECHNOLOGIES THAT CONVERT CO2 INTO VALUABLE PRODUCTS. THESE TECHNOLOGIES HAVE THE POTENTIAL TO TRANSFORM HOW THE WORLD APPROACHES CO2 MITIGATION, AND REDUCE THE COST OF MANAGING CO2. THE COMPETITION WILL HAVE TWO TRACKS - ONE FOCUSED ON TESTING TECHNOLOGIES AT A COAL POWER PLANT AND ONE FOCUSED ON TESTING TECHNOLOGIES AT A NATURAL GAS POWER PLANT. EACH TRACK WILL OPERATE AS A SEPARATE COMPETITION ON THE SAME TIMELINE. THE CARBON XPRIZE SEEKS TO INSPIRE THE BRIGHTEST MINDS AROUND THE WORLD TO TACKLE A SIGNIFICANT CHALLENGE AND HELP SOLVE CLIMATE CHANGE. THE PRIZE WILL INCENTIVIZE DEVELOPMENT OF NEW AND EMERGING CO2 CONVERSION TECHNOLOGIES, ACCELERATING THEM FROM LABORATORY TESTING TO DEMONSTRATION UNDER REAL WORLD CONDITIONS. THE PRIZE WILL HELP IDENTIFY THE MOST PROMISING PATHWAYS FOR CO2 CONVERSION AND PROVE THEY CAN BE DEPLOYED AT POWER PLANTS AND OTHER INDUSTRIAL FACILITIES. ULTIMATELY, THE IMPACT OF THE PRIZE WILL GO FAR BEYOND THE CRITICAL DEMONSTRATION OF INNOVATIVE TECHNOLOGIES, BY INSPIRING TRANSFORMATION, ENABLING NEW MARKETS, AND EMPOWERING PEOPLE TO BE A PART OF THE SOLUTION TO ONE OF OUR WORLD'S GRANDEST CHALLENGES.ADVENTURE TRIP THROUGH EACH ADVENTURE TRIP, THE XPRIZE TEAM PRESENTS THE TOP SECRET PRIZES UNDER DEVELOPMENT AT XPRIZE. GUESTS ARE ABLE TO DISCUSS AND DEBATE WHERE XPRIZE SHOULD BE LAUNCHING ITS NEXT GENERATION OF PRIZES AND TO ENVISION AND HELP CREATE THE FUTURE. THE 2015 XPRIZE INNOVATION ADVENTURE TRIP FOCUSED OF EXPONENTIAL ROBOTICS. THE TRIP BEGAN WITH A VIP EXPERIENCE AT FIRST(FOR INSPIRATION AND RECOGNITION OF SCIENCE AND TECHNOLOGY) CHAMPIONSHIPS IN ST. LOUIS, MO. GUESTS ENJOYED A UNIQUE BEHIND-THE-SCENES PERSPECTIVE FROM XPRIZE TRUSTEE, SERIAL INVENTOR, FOUNDER OF FIRST AND PRESIDENT OF DEKA RESEARCH AND DEVELOPMENT CORPORATION, DEAN KAMEN. GUESTS THEN WENT TO SEE THE LATEST ROBOTICS AND ALL THINGS AUTONOMOUS IN BOSTON INCLUDING ALDEBARAN, RETHINK ROBOTICS, MIT CSAIL & MIT MEDIA LAB. THROUGHOUT THE TRIP, GUESTS ALSO HEARD FROM DAN BARRY (ROBOTICIST AND SHUTTLE ASTRONAUT), MARC RAIBERT (CEO AND FOUNDER OF BOSTON DYNAMICS) AND DAVA NEWMAN (DEPUTY ADMINISTRATOR OF NASA).INNOVATION PARTNERSHIP PROGRAMTHE INNOVATION PARTNERSHIP PROGRAM (IPP) IS THE PREMIERE CURATED, EXCLUSIVE GROUP OF OVER 30 NON-COMPETITIVE FORTUNE 500 COMPANIES WHO MEET AND LEARN FROM SILICON VALLEY'S BRIGHTEST TECHNOLOGISTS, ENTREPRENEURS, INNOVATORS, AND BUSINESS STRATEGISTS. DURING A THREE DAY INTENSIVE PROGRAM THAT CONVENES TWICE A YEAR, THE FOCUS IS ON EXPONENTIALLY GROWING TECHNOLOGIES THAT WILL CHANGE THE WORLD AND HOLDS THE POTENTIAL TO CROSS INTO YOUR MARKET AND MASSIVELY CHANGE THE ECONOMICS OF YOUR BUSINESS IN THE NEXT 2-5 YEARS. FOUNDED IN 2013, IPP IS A JOINT PROGRAM BETWEEN THE XPRIZE FOUNDATION AND SINGULARITY UNIVERSITY AND IN ALLIANCE WITH DELOITTE, AND IS A MEMBERSHIP COMMUNITY OF OVER 30 COMPANIES IN THE FORTUNE 500. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $11,675,619 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $50,000 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $3,607,217 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $19,848,112 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | 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 |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| 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 | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | 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 | Yes (1) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 104 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 77 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| 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 |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 7 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | 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 |
| Upon Request | Yes (X) | UponRequestInd |
| Other | Yes (X) | OtherInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WINONA DORRIS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3107414916 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 CORPORATE POINTE SUITE 350 | AddressLine1Txt |
| City | CULVER CITY | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90230 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (22 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| ANOUSHEH ANSARI | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| AMIR ANSARI | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JACK BADER | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| GIL ELBAZ | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ERIC ESRAILIAN | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JEFF SHAMES | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN FRANK | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PETER DIAMANDIS | ||||||||
| CHAIRMAN, CEO | 40.00 | Yes (X) | $428,504 | $0 | $37,213 | Yes (X) | ||
| GREGG MARYNIAK | ||||||||
| SECRETARY | 40.00 | Yes (X) | $63,500 | $0 | $0 | Yes (X) | ||
| BARRY THOMPSON | ||||||||
| TREASURER | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| ROBERT WEISS | ||||||||
| PRESIDENT AND VICE CHAIR | 40.00 | Yes (X) | $630,453 | $0 | $33,238 | Yes (X) | ||
| PAUL RAPPOPORT | ||||||||
| CHIEF OPERATIONS OFFICER | 40.00 | $380,217 | $0 | $38,619 | Yes (X) | |||
| EILEEN BARTHOLOMEW | ||||||||
| SVP, PRIZES | 40.00 | $260,525 | $0 | $26,729 | Yes (X) | |||
| JOEL CARNES | ||||||||
| VP, PRIZE OPERATIONS | 40.00 | $230,966 | $0 | $7,918 | Yes (X) | |||
| CHRISTOPHER FRANGIONE | ||||||||
| VP, PRIZE DEVELOPMENT | 40.00 | $222,771 | $0 | $3,844 | Yes (X) | |||
| TRICIA HALAMANDARIS | ||||||||
| SVP, MARKETING | 40.00 | $317,429 | $0 | $11,495 | Yes (X) | |||
| ZENIA TATA | ||||||||
| EXECUTIVE DIRECTOR, GLOBAL | 40.00 | $171,877 | $0 | $9,152 | Yes (X) | |||
| PAUL BUNJE | ||||||||
| PRIZE OPERATIONS | 40.00 | $179,928 | $0 | $452 | Yes (X) | |||
| GRANT CAMPANY | ||||||||
| PRIZE LEAD | 40.00 | $173,048 | $0 | $9,541 | Yes (X) | |||
| BEAU FRANK | ||||||||
| DIRECTOR, TALENT ACQUISITI | 40.00 | $186,376 | $0 | $10,935 | Yes (X) | |||
| JEFFREY NERDIN | ||||||||
| GENERAL COUNSEL | 40.00 | $174,600 | $0 | $23,973 | Yes (X) | |||
| JONATHAN BACON | ||||||||
| SR DIRECTOR | 40.00 | $167,774 | $0 | $27,450 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,587,968 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $240,559 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 39 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | 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 |
|---|---|---|---|---|---|
| ROBERT GREENFIELD | |||||
| 4804 LAUREL CANYON BLVD 554 | VALLEY VILLAGE | CA | 91607 | CONSULTANT | $214,953 |
| ALISA FERGUSON | |||||
| 1942 GRACE AVE APT 115 | LOS ANGELES | CA | 90068 | PRIZE DESIGN | $137,058 |
| OSE UGOCHUKWU | |||||
| 3540 WILSHIRE BLVD SUITE 602 | LOS ANGELES | CA | 90010 | CONSULTANT | $131,000 |
| ANDREW BRAND BOYD | |||||
| 4900 OVERLAND AVE UNIT 327 | CULVER CITY | CA | 90230 | ENVIRONMENTAL CONSULTANT | $129,300 |
| JESSICA CHING | |||||
| 1314 HOPKINS ST | BERKELEY | CA | 94702 | PRIZE DESIGN | $105,160 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $47,478,234 | AllOtherContributionsAmt |
| Noncash Contributions | $143,309 | NoncashContributionsAmt |
| Total Contributions | $47,478,234 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| INNOVATION PARTNERSHIP PROGRAM | 900099 | $2,622,178 | $2,622,178 |
| ADVENTURE TRIPS | 900099 | $495,000 | $495,000 |
| REGISTRATION FEES | 900099 | $490,039 | $490,039 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $3,607,217 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $114,810 | TotalRevenueColumnAmt |
| Exclusion | $114,810 | ExclusionAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $875 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$875 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$875 | TotalRevenueColumnAmt |
| Exclusion | -$875 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $51,199,386 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,607,217 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $113,935 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,000 | TotalAmt |
| Program Services | $50,000 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,402,352 | TotalAmt |
| Program Services | $2,170,281 | ProgramServicesAmt |
| Management And General | $232,071 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,914,150 | TotalAmt |
| Program Services | $8,029,093 | ProgramServicesAmt |
| Management And General | $2,084,719 | ManagementAndGeneralAmt |
| Fundraising | $800,338 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $87,953 | TotalAmt |
| Program Services | $39,063 | ProgramServicesAmt |
| Management And General | $42,752 | ManagementAndGeneralAmt |
| Fundraising | $6,138 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $866,988 | TotalAmt |
| Program Services | $436,268 | ProgramServicesAmt |
| Management And General | $371,514 | ManagementAndGeneralAmt |
| Fundraising | $59,206 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $715,242 | TotalAmt |
| Program Services | $379,194 | ProgramServicesAmt |
| Management And General | $293,857 | ManagementAndGeneralAmt |
| Fundraising | $42,191 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $235,389 | TotalAmt |
| Program Services | $143,381 | ProgramServicesAmt |
| Management And General | $90,432 | ManagementAndGeneralAmt |
| Fundraising | $1,576 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $46,737 | TotalAmt |
| Management And General | $46,737 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $132,000 | TotalAmt |
| Program Services | $132,000 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,801,004 | TotalAmt |
| Program Services | $1,824,446 | ProgramServicesAmt |
| Management And General | $959,835 | ManagementAndGeneralAmt |
| Fundraising | $16,723 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,073,577 | TotalAmt |
| Program Services | $1,188,748 | ProgramServicesAmt |
| Management And General | $831,465 | ManagementAndGeneralAmt |
| Fundraising | $53,364 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $232,500 | TotalAmt |
| Program Services | $138,840 | ProgramServicesAmt |
| Management And General | $70,539 | ManagementAndGeneralAmt |
| Fundraising | $23,121 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $268,189 | TotalAmt |
| Program Services | $141,225 | ProgramServicesAmt |
| Management And General | $111,736 | ManagementAndGeneralAmt |
| Fundraising | $15,228 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,194,947 | TotalAmt |
| Program Services | $584,046 | ProgramServicesAmt |
| Management And General | $532,174 | ManagementAndGeneralAmt |
| Fundraising | $78,727 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,117,085 | TotalAmt |
| Program Services | $835,614 | ProgramServicesAmt |
| Management And General | $230,551 | ManagementAndGeneralAmt |
| Fundraising | $50,920 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,419 | TotalAmt |
| Management And General | $11,419 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $707,656 | TotalAmt |
| Program Services | $474,807 | ProgramServicesAmt |
| Management And General | $183,006 | ManagementAndGeneralAmt |
| Fundraising | $49,843 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $197,366 | TotalAmt |
| Program Services | $18,741 | ProgramServicesAmt |
| Management And General | $176,859 | ManagementAndGeneralAmt |
| Fundraising | $1,766 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PROGRAM EVENT EXPENSE | $2,601,524 | $2,167,353 | $94,491 | $339,680 |
| UNCOLLECTIBLE GRANT | $900,000 | $900,000 | ||
| STAFF DEVELOPMENT | $259,884 | $123,902 | $102,232 | $33,750 |
| RECOGNITION AWARDS | $14,226 | $14,226 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $203,596 | TotalAmt |
| Program Services | $56,884 | ProgramServicesAmt |
| Management And General | $141,830 | ManagementAndGeneralAmt |
| Fundraising | $4,882 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,033,784 | TotalAmt |
| Program Services | $19,848,112 | ProgramServicesAmt |
| Management And General | $6,608,219 | ManagementAndGeneralAmt |
| Fundraising | $1,577,453 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,407,489 | BOYAmt |
| EOY | $13,769,450 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,375,597 | BOYAmt |
| EOY | $46,082,642 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,466,753 | BOYAmt |
| EOY | $23,900,254 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,296,531 | BOYAmt |
| EOY | $23,075,597 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $117,258 | BOYAmt |
| EOY | $150,648 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $4,905,548 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,981,785 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,306,093 | BOYAmt |
| EOY | $2,923,763 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,732 | BOYAmt |
| EOY | $10,897 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,994,453 | BOYAmt |
| EOY | $109,913,251 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,567,615 | BOYAmt |
| EOY | $3,167,724 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,425,006 | BOYAmt |
| EOY | $5,762,907 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,250,495 | BOYAmt |
| EOY | $21,065,681 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,243,116 | BOYAmt |
| EOY | $29,996,312 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,197,943 | BOYAmt |
| EOY | $10,953,726 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,553,394 | BOYAmt |
| EOY | $68,963,213 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,751,337 | BOYAmt |
| EOY | $79,916,939 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,994,453 | BOYAmt |
| EOY | $109,913,251 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $23,165,602 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | 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) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
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 | $30,701,664 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $30,056,861 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $22,121,138 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $37,136,186 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $47,478,234 | CurrentTaxYearAmt |
| Total | $167,494,083 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $30,701,664 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $30,056,861 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $22,121,138 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $37,136,186 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $47,478,234 | CurrentTaxYearAmt |
| Total | $167,494,083 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $41,242,861 | SubstantialContributorsTotAmt |
| Public Support Total170 | $126,251,222 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,363 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $61,176 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $57,358 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $57,715 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $114,810 | CurrentTaxYearAmt |
| Total | $299,422 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $64,772 | CurrentTaxYearMinus2YearsAmt |
| Total | $64,772 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $175 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $38,588 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $17,451 | CurrentTaxYearMinus1YearAmt |
| Total | $56,214 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $167,914,491 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $4,314,752 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.75190 | PublicSupportCY170Pct |
| Public Support PY170 | 0.78760 | 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 C IRS990ScheduleC
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $132,000 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $132,000 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $27,901,781 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $28,033,781 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $2,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $3,000,000 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus1 | $156,000 | CurrentYearMinus1Amt |
| Current Year | $132,000 | CurrentYearAmt |
| Total | $288,000 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $500,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $750,000 | GrassrootsCeilingAmt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,701,689 | OtherCostOrOtherBasisAmt |
| Depreciation | $862,532 | DepreciationAmt |
| Book Value | $1,839,157 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $960,899 | OtherCostOrOtherBasisAmt |
| Depreciation | $482,178 | DepreciationAmt |
| Book Value | $478,721 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,242,960 | OtherCostOrOtherBasisAmt |
| Depreciation | $637,075 | DepreciationAmt |
| Book Value | $605,885 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,923,763 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| PRIZE PURSES | $20,991,828 |
| CAPITAL LEASE | $73,853 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $21,065,681 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, "INCOME TAXES," THE FOUNDATION RECOGNIZES THE IMPACT OF TAX POSITIONS IN THE FINANCIAL STATEMENTS IF THE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE FOUNDATION HAS NO RECOGNIZED/DERECOGNIZED TAX BENEFITS, TAX PENALTIES OR INTEREST. AS OF DECEMBER 31, 2015, THE OPEN TAX YEARS FOR THE FOUNDATION WERE 2011 TO 2015. | ExplanationTxt |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| SOUTH ASIA | 0 | 0 | PROGRAM RECEIVABLES | AWARENESS | $210,690 |
| SOUTH ASIA | 0 | 0 | PROGRAM SERVICES | AWARENESS | $36,883 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $247,573 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $247,573 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARITY BRANDS | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9255 SUNSET BLVD 730 | AddressLine1Txt |
| City | WEST HOLLYWOOD | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90069 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | FUNDRAISING CONSULTANT | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $0 | GrossReceiptsAmt |
| Retained By Contractor | $125,000 | RetainedByContractorAmt |
| Net To Organization | -$125,000 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $125,000 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$125,000 | TotalNetToOrganizationAmt |
| Licensed States | CA | LicensedStatesCd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FIRST | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 BEDFORD STREET | AddressLine1Txt |
| City | MANCHESTER | CityNm |
| State Abbreviation | NH | StateAbbreviationCd |
| ZIP | 03101 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 222990908 | RecipientEIN |
| IRC Section | 501(C)(3) | IRCSectionDesc |
| Cash Grant | $50,000 | CashGrantAmt |
| Purpose Of Grant | SPONSOR THE FIRST LEGO LEAGUE GLOBAL INNOVATION AWARDS | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION WAS DIRECTLY INVOLVED IN THE PROGRAMMING OF THE GRANTEE ORGANIZATION. THIS ENABLED THE FOUNDATION TO MONITOR THE USE OF THE GRANT FUNDING. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | 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 | 0 | 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 (13 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PETER DIAMANDIS | ||||||||||||||
| CHAIRMAN, CEO | $428,504 | $0 | $0 | $0 | $0 | $0 | $3,975 | $0 | $33,238 | $0 | $465,717 | $0 | $0 | $0 |
| ROBERT WEISS | ||||||||||||||
| PRESIDENT AND VICE CHAIR | $630,453 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $33,238 | $0 | $663,691 | $0 | $0 | $0 |
| PAUL RAPPOPORT | ||||||||||||||
| CHIEF OPERATIONS OFFICER | $380,217 | $0 | $0 | $0 | $0 | $0 | $3,975 | $0 | $34,644 | $0 | $418,836 | $0 | $0 | $0 |
| EILEEN BARTHOLOMEW | ||||||||||||||
| SVP, PRIZES | $260,525 | $0 | $0 | $0 | $0 | $0 | $3,462 | $0 | $23,267 | $0 | $287,254 | $0 | $0 | $0 |
| JOEL CARNES | ||||||||||||||
| VP, PRIZE OPERATIONS | $230,966 | $0 | $0 | $0 | $0 | $0 | $3,698 | $0 | $4,220 | $0 | $238,884 | $0 | $0 | $0 |
| CHRISTOPHER FRANGIONE | ||||||||||||||
| VP, PRIZE DEVELOPMENT | $222,771 | $0 | $0 | $0 | $0 | $0 | $3,392 | $0 | $452 | $0 | $226,615 | $0 | $0 | $0 |
| TRICIA HALAMANDARIS | ||||||||||||||
| SVP, MARKETING | $317,429 | $0 | $0 | $0 | $0 | $0 | $2,974 | $0 | $8,521 | $0 | $328,924 | $0 | $0 | $0 |
| ZENIA TATA | ||||||||||||||
| EXECUTIVE DIRECTOR, GLOBAL | $171,877 | $0 | $0 | $0 | $0 | $0 | $2,579 | $0 | $6,573 | $0 | $181,029 | $0 | $0 | $0 |
| PAUL BUNJE | ||||||||||||||
| PRIZE OPERATIONS | $179,928 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $452 | $0 | $180,380 | $0 | $0 | $0 |
| GRANT CAMPANY | ||||||||||||||
| PRIZE LEAD | $173,048 | $0 | $0 | $0 | $0 | $0 | $2,824 | $0 | $6,717 | $0 | $182,589 | $0 | $0 | $0 |
| BEAU FRANK | ||||||||||||||
| DIRECTOR, TALENT ACQUISITI | $186,376 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10,935 | $0 | $197,311 | $0 | $0 | $0 |
| JEFFREY NERDIN | ||||||||||||||
| GENERAL COUNSEL | $174,600 | $0 | $0 | $0 | $0 | $0 | $1,523 | $0 | $22,450 | $0 | $198,573 | $0 | $0 | $0 |
| JONATHAN BACON | ||||||||||||||
| SR DIRECTOR | $167,774 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $27,450 | $0 | $195,224 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 4A | FormAndLineReferenceDesc |
| Explanation | AS PER A CONFIDENTIALITY AGREEMENT SIGNED BY THE ORGANIZATION, THE SEPARATION PAYMENT TO AN EMPLOYEE IS NOT OPEN FOR PUBLIC INSPECTION. IT WILL BE MADE AVAILABLE TO THE IRS UPON REQUEST. | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GREGG MARYNIAK | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | BOARD MEMBER AND SECRETARY OF THE BOARD | RelationshipDescriptionTxt |
| Transaction | $63,500 | TransactionAmt |
| Transaction | CONSULTING WORK FOR DEVELOPMENT OF EDUCATION PROGRAMS | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 3 | ContributionCnt |
| Noncash Contributions Rpt F990 | $143,309 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 1 | THE X PRIZE FOUNDATION IS AN EDUCATION NON-PROFIT THAT STRIVES TO BRING ABOUT CREATIVE SOLUTIONS TO THE GRANDEST CHALLENGES FACING HUMANITY IN THE AREAS OF SPACE EXPLORATION, EDUCATION, HUMAN HEALTH, GLOBAL ENTREPRENEURSHIP, ENERGY AND TRANSPORTATION. THE FOUNDATION APPLIES AN EQUAL DEGREE OF DILIGENCE AND CARE IN DEVELOPING AND MANAGING PRIZE-INCENTIVE COMPETITIONS IN THOSE AREAS WHERE TECHNOLOGICAL INNOVATION IS STAGNANT OR REGULATORY AND MARKET FORCES PRESENT EXTRAORDINARY OBSTACLES. THE FOUNDATION'S UNDERLYING MISSION IS TO BRING ABOUT RADICAL BREAKTHROUGHS FOR THE BENEFIT OF HUMANITY. A CRITICAL ASPECT OF EACH COMPETITION WILL BE AN OVERALL EDUCATION CAMPAIGN AND DISSEMINATION OF SCIENTIFIC INFORMATION THAT IS GENERATED BY THE COMPETITION, WHICH WILL BE PUBLISHED ONLINE, AND IN TREATISE, THESIS, TRADE PUBLICATION, OR IN ANY OTHER FORM AVAILABLE TO THE INTERESTED PUBLIC. THE ORGANIZATION WILL ENSURE THAT THE COMPETITIONS ARE WIDELY-PUBLICIZED AND THE SCIENTIFIC RESULTS OF EACH COMPETITION ARE DISSEMINATED BROADLY. THE SUCCESS OF EACH COMPETITION HINGES ON THIS PUBLICITY. |
| FORM 990, PART VI, SECTION A, LINE 2 | BOARD MEMBERS ANOUSHEH & AMIR ANSARI HAVE A FAMILY RELATIONSHIP. |
| FORM 990, PART VI, SECTION B, LINE 11 | FORM 990 IS REVIEWED BY INTERNAL MANAGEMENT AND THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES IN CONJUNCTION WITH OUTSIDE TAX PREPARERS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED AND DISCUSSED WITH THE ENTIRE BOARD DURING ONE OF ITS REGULAR MEETINGS. ANY POTENTIAL ISSUES ARE IMMEDIATELY BROUGHT TO BOARD ATTENTION TO BE RESOLVED. THE BOARD OF DIRECTORS IS RESPONSIBLE (FINANCE COMMITTEE) FOR ENFORCING CONFLICT OF INTEREST ISSUES. |
| FORM 990, PART VI, SECTION B, LINE 15 | X PRIZE FOUNDATION ENGAGED THE SERVICES OF AN INDEPENDENT FIRM TO GIVE AN OPINION ON EXECUTIVE COMPENSATION. THE OPINION GIVEN WAS BASED ON REVIEW OF COMPENSATION LEVELS AT SIMILAR ORGANIZATIONS IN COMPARISON TO THOSE AT X PRIZE FOUNDATION. RESULTS OF THE STUDY WERE PROVIDED TO THE COMPENSATION COMMITTEE WHO IN TURN PRESENTED THE FINDING TO THE BOARD OF TRUSTEES. THE COMPENSATION COMMITTEE REVIEWS AND DOCUMENTS OFFICER COMPENSATION ALONG WITH AN INDEPENDENT SALARY SURVEY DURING A MEETING. |
| FORM 990, PART VI, SECTION C, LINE 18 | FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION ON WWW.GUIDESTAR.ORG |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|
| GLXP LLC | |||||||
| 5510 LINCOLN BLVD SUITE 100 | PLAYA VISTA | CA | 90094 | 521876879 | SPECIAL EVENTS | DE | X PRIZE FOUNDATION |
| PIAXP LLC (DISSOLVED) | |||||||
| 5510 LINCOLN BLVD SUITE 100 | PLAYA VISTA | CA | 90094 | 262201181 | SPECIAL EVENTS | DE | X PRIZE FOUNDATION |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | Province Or StateForeignAddress/ProvinceOrStateNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| X PRIZE FOUNDATION INDIA | ||||||||||
| JEEVAN BHARATI 10TH FLOOR TOWER-I | CONNAUGHT PLACE | DELHI | IN | 110001 | PUBLIC CHARITY | IN | N/A | N/A | X PRIZE FOUNDATION | Yes (1) |
| X PRIZE FOUNATION (INDIA) | ||||||||||
| SUITE 601 6TH FLOOR MAFATLAL HOUS | CHURCHGATE | MUMBAI | IN | 400020 | PUBLIC CHARITY | IN | N/A | N/A | X PRIZE FOUNDATION | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | X PRIZE ORGANIZATION INDIA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | D | TransactionTypeTxt |
| Involved | $210,690 | InvolvedAmt |
| Method Of Amount Determination | CASH | MethodOfAmountDeterminationTxt |
Comments