INSTITUTE FOR QUANTITATIVE RESEARCH: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- INSTITUTE FOR QUANTITATIVE RESEARCH (EIN 22-3773177)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-05-15
- IRS object ID
- 201341359349304969
- Schema version
- 2012v2.1
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-15T13:07:27-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 113541817 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRANK MEGALE CPA | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9 ALDEN AVENUE | AddressLine1 |
| City | N VALLEY STREAM | City |
| State | NY | State |
| ZIP Code | 115801001 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223773177 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE INSTITUTE FOR QUANTITATIVE RESEARCH IN FINANCE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | INST | NameControl |
| Phone | 5616517515 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 6194 CHURCH STREET STATION | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 102496194 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DALE BERMAN | Name |
| Title | DIRECTOR/TREASURER | Title |
| Phone | 2127446825 | Phone |
| Date Signed | 2013-05-15 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | FRANK MEGALE CPA | Name |
| PTIN | P00030117 | PTIN |
| Phone | 5162854839 | Phone |
| Date Prepared | 2013-05-15 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DALE BERMAN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 6194 CHURCH STREET STATION | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 102496194 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 942572 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.Q-GROUP.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2000 | YearFormation |
| State Legal Domicile | DE | StateLegalDomicile |
| Activity Or Mission Description | FORUM TO EVALUATE NEW RESEARCH, QUANTITATIVE APPLICATIONS & PROVIDE SOLUTIONS TO IMPROVE INVESTMENT. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 23 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 22 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 936000 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 940000 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 2837 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2572 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 938837 | TotalRevenuePriorYear |
| Total Revenue Current Year | 942572 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 60000 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 60000 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 39996 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 42457 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 734222 | OtherExpensePriorYear |
| Other Expenses Current Year | 755815 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 834218 | TotalExpensesPriorYear |
| Total Expenses Current Year | 858272 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 104619 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 84300 | RevenuesLessExpensesCY |
| Total Assets BOY | 913040 | TotalAssetsBOY |
| Total Assets EOY | 977804 | TotalAssetsEOY |
| Total Liabilities BOY | 562997 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 542461 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 350043 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 435343 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO ENCOURAGE THE STUDY OF FINANCE. SUPPORT BASIC AND APPLIED RESEARCH IN THE FIELD OF FIANCIAL ANALYSIS, AND ENCOURAGE THE USE OF ADVANCED MATHEMATICS AND ECONOMETRIC METHODS IN FINANCIAL MANAGEMENT. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 88862 | Expense |
| Grants | 50000 | Grants |
| Description | RESEARCH GRANTS IN THE FIELD OF FINANCIAL QUANTITATIVE ANALYSIS TO SUPPORT HIGH QUALITY RESEARCH THAT WILL BE INFORMATIVE AND USEFUL TO PRACTITIONERS IN INVESTMENT MANAGEMENT. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 10263 | Expense |
| Grants | 10000 | Grants |
| Description | ROGER F. MURRAY ANNUAL PRIZE COMPETITION AWARDED FOR THE QUALITY OF THE RESEARCH PAPERS UPON WHICH THE PRESENTATION AT THE SEMI-ANNUAL SEMINARS ARE BASED. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 615182 | Expense |
| Description | SEMINARS COVERING VARIOUS ASPECTS OF QUANTITATIVE RESEARCH WHICH PROVIDE AN UNDERSTANDING AND ANALYSIS OF CURRENT EVENTS IN FINANCE AND ECONOMICS AFFECTING THE FIELD OF QUANTITATIVE ANALYSIS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 714307 | TotalProgramServiceExpense |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 46 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 1 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 23 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 22 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 0 | ConflictOfInterestPolicy |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRANK MEGALE CPA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 5162854839 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9 ALDEN AVENUE | AddressLine1 |
| City | N VALLEY STREAM | City |
| State | NY | State |
| ZIP Code | 115801001 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (23 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| JAMES L FARRELL JR | ||||||
| CHAIRMAN | 0.00 | X | X | 0 | 0 | 0 |
| GILBERT HAMMER | ||||||
| VICE-CHAIRMAN | 0.00 | X | X | 0 | 0 | 0 |
| WILLIAM L FOUSE | ||||||
| VICE-CHAIRMAN | 0.00 | X | X | 0 | 0 | 0 |
| DALE BERMAN | ||||||
| SECRETARY-TREASURER | 40.00 | X | X | 39250 | 0 | 0 |
| MARY L CAHILL | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| ROGER G CLARKE | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| CLIFFORD S ASNESS | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| ARNOLD S WOOD | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| MICHELLE R CLAYMAN | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| LAURENCE B SIEGEL | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| RALPH P GOLDSTICKER | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| JOANNE M HILL | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| ROBERT E BUTMAN | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| ROBERT GARVY | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| JAMES P GORDON | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| MICHAEL J HOGAN | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| KATRINA F SHERRERD | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| LEOPOLDO E GUZMAN | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| BRETT HAMMOND | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| MARC R REINGANUM | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| SANDIP BHAGAT | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| RODNEY N SULLIVAN | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| KENNETH J WINSTON | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 39250 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| SPONSOR DUES | 900099 | 902500 | 902500 |
| SEMINAR FEES | 900099 | 37500 | 37500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 940000 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2572 | TotalRevenueColumn |
| Exclusion | $2,572 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 942572 | TotalRevenueColumn |
| Related Or Exempt Function Income | 940000 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $2,572 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 60000 | Total |
| Program Services | 60000 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39250 | Total |
| Program Services | 19625 | ProgramServices |
| Management And General | 19625 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3207 | Total |
| Program Services | 1604 | ProgramServices |
| Management And General | 1603 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27200 | Total |
| Management And General | 27200 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 798 | Total |
| Management And General | 798 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 534699 | Total |
| Program Services | 534699 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4272 | Total |
| Management And General | 4272 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| ADMINISTRATION, CLERICA | 77042 | 32025 | 45017 |
| COMMITTEES EXPENSES | 49166 | 34416 | 14750 |
| PRINTING AND PUBLICATIO | 30660 | 5000 | 25660 |
| RESEARCH PROJECTS COORD | 20000 | 20000 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11978 | Total |
| Program Services | 6938 | ProgramServices |
| Management And General | 5040 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 858272 | Total |
| Program Services | 714307 | ProgramServices |
| Management And General | 143965 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 845437 | BOY |
| EOY | 898022 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 1500 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 67317 | BOY |
| EOY | 77996 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 0 | LandBuildingsEquipmentBasis |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 286 | BOY |
| EOY | 286 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 913040 | BOY |
| EOY | 977804 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27997 | BOY |
| EOY | 32461 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 85000 | BOY |
| EOY | 90000 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 450000 | BOY |
| EOY | 420000 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 562997 | BOY |
| EOY | 542461 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 140043 | BOY |
| EOY | 225343 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 210000 | BOY |
| EOY | 210000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 350043 | BOY |
| EOY | 435343 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 913040 | BOY |
| EOY | 977804 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 84300 | ReconcilationRevenueExpenses |
| Reconcilation Prior Adjustment | 1000 | ReconcilationPriorAdjustment |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 0 | TotalOfBookValueLandBuildings |
| Tot Revenue Etc Audited Fincl Stmt | 942572 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 942572 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 942572 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 858272 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 858272 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 858272 | TotalExpensesPerForm990 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (6 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| RESEARCH GRANT - THE DETERMINANTS OF RECOVERY RATES IN THE US CORPORATE BOND MARKET | 3 | 10000 |
| RESEARCH GRANT - ARE CREDIT RATINGS STILL RELEVANT | 3 | 10000 |
| RESEARCH GRANT - COMOMENTUM | 2 | 10000 |
| RESEARCH GRANT - PROSPECT THEORY AND THE RISK-RETURN TRADEOFF | 3 | 10000 |
| RESEARCH GRANT - THE ROLE OF INSTITUTIONAL INVESTORS IN VOTING: EVIDENCE FROM THE SECURITIES LENDING MARKET | 3 | 10000 |
| ROGER F MURRAY PRIZE - PRIZE COMPETITION TO RECOGNIZE SCIENTIFIC ACHIEVEMENT IN QUANTITATIVE FINANCIAL RESEARCH. AWARDED TO INDIVIDUALS WHO PRESENT RESEARCH AT THE SEMI-ANNUAL SEMINARS. | 3 | 10000 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: THE ORGANIZTION GRANTS FUNDS TO SUPPORT ACADEMIC RESEARCH IN QUANTITATIVE ANALYSIS & FINANCE THAT IS OF INTEREST TO THE INVESTMENT MANAGEMENT COMMUNITY. THE RESEARCH COORDINATOR KEEPS TRACK OF ALL OUTSTANDING RESEARCH PROJECTS & MAINTAINS PROPER CORRESPONDENCE FILES FOR ALL PROJECTS. IF A PROJECT IS NOT PROGRESSING SATISFACTORILY, THE RESEARCH COORDINATOR, IN CONSULTATION WITH THE RESEARCH COMMITTEE, WILL HELP TERMINATE THE PROJECT. THE RESEARCH COORDINATOR COLLECTS THE PAPERS PRODUCED BY ITS SUPPORTED AUTHORS & HELPS THE RESEARCH COMMITTEE DETERMINE WHEN AUTHORS SATISFACTORILY COMPLETE THEIR PROJECTS. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION IS A NON-STOCK NOT-FOR-PROFIT CORPORATION WITH MEMBERS. THERE ARE NO CLASSES OF MEMBERSHIP. EACH MEMBER IS ENTITLED TO ONE VOTE. THE MEMBERS ELECT THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 7A | THERE ARE NO CLASSES OF MEMBERSHIP. EACH MEMBER IS ENTITLED TO ONE VOTE. THE MEMBERS ELECT THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE BOARD OF DIRECTORS APPROVES THE ADMISSION OF NEW MEMBERS. RATIFICATION OF ADMISSION OF NEW MEMBERS IS REQUIRED BY THE CURRENT MEMBERS. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FINAL VERSION OF THE FORM 990 (INCLUDING REQUIRED SCHEDULES)IS SENT TO THE SECRETARY-TREASURER BEFORE THE FORM IS FILED. THE SECRETARY-TREASURER (WHO IS ALSO ON THE BOARD OF DIRECTORS) REVIEWS THE FORM. THE APPROVED FORM IS THEN SIGNED BY THE SECRETARY-TREASURER. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
Comments