2013-05-14T09:34:57-05:00 2012-06-30 BKD LLP 111 South Tejon Suite 800 Colorado Springs CO 809039848 990 2011-07-01 311653556 United States Space Foundation % SPACE FOUNDATION UNIT 7195768000 4425 ARROWSWEST DRIVE COLORADO SPRINGS CO 80907 HOLLY ROBERTS 2013-05-15 true 7194714290 2011 2016-02-24 21:20:13Z Space Foundation ELLIOT H PULHAM 4425 ARROWSWEST DRIVE COLORADO SPRINGS CO 80907 9781596 false X WWW.SPACEFOUNDATION.ORG X 1983 CO TO ADVANCE SPACE-RELATED ENDEAVORS TO INSPIRE, ENABLE, AND PROPEL HUMANITY. 19 18 47 300 0 2483695 1595815 6302162 6405430 121051 -48798 115779 151415 9022687 8103862 19800 231200 0 0 4224412 3967606 0 0 32104 3991609 4638181 8235821 8836987 786866 -733125 10054526 8907417 1566966 1117924 8487560 7789493 TO ADVANCE SPACE-RELATED ENDEAVORS TO INSPIRE, ENABLE, AND PROPEL HUMANITY. false false 3727844 0 5857567 CONDUCT SPACE INDUSTRY SYMPOSIA 1017365 31200 440892 SPACE AND SCIENCE RELATED PRE K-12 EDUCATION OUTREACH AND TEACHER TRAINING 1265617 200000 208601 SPACE RELATED PUBLIC AWARENESS PROGRAMS 6010826 true true false false false false false true false true true false false false false false true false false false false false false false false false false true true true false false false false false false false true false false false false false false false false false false true 17 0 true 47 true false false false false false false false false false false X 19 18 false false false false false false false true true false false true true true true true true true true false X SPACE FOUNDATION 7195768000 4425 ARROWSWEST DRIVE COLORADO SPRINGS CO 80907 ELLIOT PULHAM 40.0 X X 326171 11559 ANITA ANTENUCCI 1.0 X X 0 0 RICHARD AMBROSE 1.0 X 0 0 BARBARA BARRETT 1.0 X X 0 0 DAVID CADDEY 1.0 X 0 0 JAMES ELLIS JR 1.0 X 0 0 MARTIN FAGA 1.0 X X 0 0 LYNN DUGLE 1.0 X 0 0 LON LEVIN 1.0 X X 0 0 ROBERT CRAMER 1.0 X 0 0 JOHN ELBON 1.0 X 0 0 PJ O'ROURKE 1.0 X 0 0 DAVID TAYLOR 1.0 X 0 0 KATHRYN THORNTON PHD 1.0 X 0 0 DAVID WELDON MD 1.0 X 0 0 JIM MASER 1.0 X 0 0 KAY SEARS 1.0 X 0 0 PATRICIA GRACE SMITH 1.0 X 0 0 GARY ERVIN 1.0 X 0 0 WILLIAM F BALLHAUS JR PHD 1.0 X X 0 0 0 FREDERICK HAUCK 1.0 X JOANNE MAGUIRE 1.0 X CHARLES ROBB 1.0 X BREWSTER SHAW JR 1.0 X HEIDI WOOD 1.0 X HOLLY ROBERTS 40.0 X 288786 13104 CHUCK ZIMKAS 40.0 X 230498 14976 STEVE EISENHART 40.0 X 176908 9425 ELIZABETH WAGNER 40.0 X 173913 12302 BRENDAN CURRY 40.0 X 175180 8763 JANET STEVENS 40.0 X 121671 6375 IAIN PROBERT 40.0 X 115718 10670 1608845 0 87174 8 false true false 0 137000 1458815 16723 1595815 EXHIBITS 900099 2469750 2469750 REGISTRATION FEES 900099 2470715 2470715 SPONSORSHIP 900099 1256364 1256364 SPACE CERTIFICATION 900099 208601 208601 6405430 91342 91342 0 0 681406 850000 713073 958473 -31667 -108473 -140140 -140140 0 0 55973 6188 49785 49785 MISCELLANEOUS 900099 101630 101630 101630 8103862 6507060 987 200000 200000 31200 31200 0 0 1254147 679703 566161 8283 0 2265010 1229650 1020356 15004 17834 9682 8034 118 211744 110286 100154 1304 218871 122062 95219 1590 19052 15840 3212 0 36317 30195 6122 0 0 0 593036 508092 84944 120961 119701 1260 531179 345529 185587 63 0 0 320693 53242 267451 243839 180161 63678 0 89479 23759 65720 0 0 819552 669600 149952 56825 14314 42511 LUNCHEONS, BANQUETS 753486 707066 42420 4000 EXHIBIT 522001 522001 DUES & SUBSCRIPTIONS 126977 93968 33009 AUDIO VISUAL 168374 167730 644 236410 177045 57623 1742 8836987 6010826 2794057 32104 135397 279 2367558 1819091 0 0 191517 607059 0 0 0 0 0 0 52506 61530 148879 83355 6511494 2007126 5256209 4504368 1853330 1823442 0 0 0 0 0 0 49130 8293 10054526 8907417 1138166 624499 0 0 428800 493425 0 0 0 0 0 0 0 0 0 0 0 0 1566966 1117924 X 7013511 6091813 1474049 1697680 0 0 8487560 7789493 10054526 8907417 X -733125 35058 X false true true X false X 1137236 1259357 4854052 2483695 1595815 11330155 6260465 6593305 6610013 6394800 6507060 32365643 12172 12535 24781 32143 55973 137604 43725 57500 69000 170225 7409873 7865197 11532571 8968138 8227848 44003627 6401 25449 3395693 15174 50615 3493332 1004420 866510 331802 793691 736455 3732878 1010821 891959 3727495 808865 787070 7226210 36777417 113411 94677 55014 80575 91342 435019 113411 94677 55014 80575 91342 435019 0 0 0 0 0 7523284 7959874 11587585 9048713 8319190 44438646 0.82760 0.82089 0.00979 0.01060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 159378 X X X false 1474049 589801 366170 1697680 531623 1535010 592584 1474049 513616 644693 626686 531623 527652 455414 469450 513616 0.00000 0.00000 1.00000 false false 0 0 1834252 52794 1781457 864876 437244 427632 3812366 1517087 2295279 4504368 8103862 8836987 -733125 -73415 108473 35058 -698067 8834967 -73415 696047 622632 8212335 -108473 -108473 8103862 9533034 696047 696047 8836987 8836987 Part III, Line 1a & 4 Art Collections Collections of works of art, historical treasures and similar assets are not capitalized in as much as the items are preserved and cared for continuously. Purchases of collection items are reported in the year of acquisition as decreases in unrestricted net assets, or in temporarily or permanently restricted net assets if the assets used to purchase the items were restricted to that use by donor stipulation. Contributions of collection items are not reported in the financial statements. Proceeds from disposal of and insurance recoveries related to collection items are reported as increases in the appropriate net asset classes. The Foundation's collections consist of space artifacts and memorabilia. They are subject to a policy that requires proceeds from the disposition of collection items to be used to acquire other collection items. No collection items were sold or removed during the fiscal year ended June 30, 2012. Part III, Line 1b The organization's policy on collections has changed during the year ended 6/30/2012. Prior to that time, amounts were capitalized and are reflected on Part III, line 1b(ii). Part V, Question 4 Endowment Fund Intended Uses Temporarily restricted net assets are those whose use by the Foundation has been limited by donors to a specific time period or purpose. The temporarily restricted net assets are available primarily for the Foundation's office building and education and public awareness programs. Part X, Line 2 Uncertain Tax Positions MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Part XI, Line 8 Other Changes in Net Assets BOOK/TAX TIMING DIFFERENCE RELATING TO LOSS ON SALE OF BUILDING 108,473 Part XIII, Line 4b Other Revenue on return, not on books BOOK/TAX TIMING DIFFERENCE RELATING TO LOSS ON SALE OF BUILDING 108,473 true Rocky Mountain Health Care Services 310 South 14th Street Colorado Springs CO 80904 840765729 501(c)(3) 200000 see part iv see part iv support operations 1 Fellowships to U.S. Space Foundation Programs 73 31200 Part I, Question 2 Donation monitoring process DONORS PROVIDE FELLOWSHIPS FOR EDUCATORS NATIONWIDE TO ATTEND THE US SPACE FOUNDATION'S PROGRAMS. THE DONATIONS PROVIDE PARTIAL FUNDING FOR EDUCATOR'S TUITION, FEES, PARTIAL COSTS OF VISITING LECTURES, AND SOME ADMINISTRATIVE COSTS. FELLOWSHIP AMOUNTS VARY ACCORDING TO THE PROGRAM TYPE, NUMBER OF EDUCATORS SERVED, AND AVAILABILITY OF OUTSIDE SPONSORSHIPS. THE FOUNDATION HAS SCREENING AND SELECTION PROCEDURES ESTABLISHED AND EACH APPLICANT MUST MEET PREDETERMINED CRITERIA TO RECEIVE FUNDING. Part II, Line 1, columns f & g Non Cash Contribution detail During January of 2011, the Space Foundation placed its former headquarters on the market for sale at a list price of $1,050,000. Rocky Mountain Health Care Services (RMHCS), a 501(c)(3) organization, purchased the building for a total selling price of $850,000 on August 1, 2011. The net book value of the building at the time it was listed as held for sale was $1,158,473 which resulted in a total loss of $308,473. Of that loss, $200,000 was treated as a contribution to Rocky Mountain Health Care Services. The Space Foundation also provided financing for RMHCS for the purchase of the building, which provides additional support that concessions outside of the normal course of business were made and a contribution was given to the non-profit purchaser. The contribution of $200,000 was used to reduce the basis of the building, as reflected on Form 990, Part VIII, Line 7b. X true true X X X X X false false false false false false false false false ELLIOT PULHAM 260807 65364 0 1168 10391 337730 0 HOLLY ROBERTS 230706 58080 0 3989 9115 301890 0 CHUCK ZIMKAS 177489 45768 7241 3434 11542 245474 0 STEVE EISENHART 141638 35270 0 2674 6751 186333 0 ELIZABETH WAGNER 137859 36054 0 0 12302 186215 0 BRENDAN CURRY 144022 31158 0 0 8763 183943 0 Part I, Question 1a First-Class Travel Elliot Pulham, CEO of the organization, received first class travel benefits for airline flights during the year. The benfits to Mr. Pulham were non-taxable. ATK SEE PART V 116800 symposium exhibitor false LOCKHEED MARTIN SEE PART V 170800 symposium exhibitor false PART IV, LINES 1 & 2, COLUMN B RELATIONSHIP BETWEEN INTERESTED PERSON AND THE ORGANIZATION (1) MARTIN FAGA IS A BOARD MEMBER OF ATK & THE FILING ORGANIZATION (2) JAMES ELLIS, JR. IS A BOARD MEMBER OF LOCKHEED MARTIN & THE FILING ORGANIZATION Part VI, Question 11B Form 990 Review Process The annual IRS Form 990 is prepared each year by the foundation's independent audit firm from relevant information provided by the foundation's team members. The CFO reviews the first draft of the 990 Tax Return and returns it with corrections, edits, or comments to the audit firm. After review and revision by the audit firm, the CFO forwards an updated draft to the Finance Committee of the Board of Directors for review. After review and approval by the Finance Committee, the preparer (audit firm) finalizes the tax return for filing and provides a copy of the final Form 990 to the CFO. The CFO provides a copy of the final Form 990 (in paper or electronic form) to each member of the Board of Directors. After the CFO and/or the audit firm (as necessary) adequately address any questions or issues raised by any members of the Board of Directors with respect to the final Form 990, the CFO signs the return and files with the IRS by appropriate means (mail, electronic filing, etc.) Part VI, Question 12c Conflict of Interest Monitoring Process Board members and disqualified persons are covered by the conflict of interest policy. The CFO reviews reported conflicts and brings them to the attention of the Chairman of the Board. The individual will recuse him/herself from discussion and voting on any matter where a conflict is identified. Part VI, Question 15a & 15b Process to determine officer & key employee compensation The compensation committee of the board consults with an outside contractor who conducts a market survey. All deliberations are documented in the meeting minutes and copies are kept in employee files. The last compensation study was conducted in 2010 for all officers and key employees. Part VI, Question 19 Documents available to the public The governing documents, conflict of interest policy, and financial statements may be provided to the public upon request. Part XI, line 5 Other changes in net assets Unrealized Loss (73,415) BOOK/TAX TIMING DIFFERENCE RELATING TO LOSS ON SALE OF BUILDING 108,473 Net change 35,058 Part VIII, Line 7b(ii) Please see Schedule I, Part IV for detail on how the basis on the sale of the building was calculated.