Center for Emerging Technologies

St Louis, MOUnknown exempt organization EIN 43-1329843Revenue $2.6M in FY2022Latest filing we have: 2022. Newer ones may not be in our data yet. Filed since? Tell us.

On file with the IRScetstl.comSt Louis, MO

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Promote the creation & growth of new businesses & industry based upon scientific & technological innovations, to promote scientific & technological research and to assist scientific & technological innovators in finding sources of funds for development of their innovations.

Form 990 Part I, line 1, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 43-1329843) · Dispute this line
98¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2022
latest Form 990
The latest return is for FY2022, 4 tax years back.
IRS e-file · Filing history
Surplus or deficit
0 of 3
filings with a surplus
Average deficit $3.2M a year · 132% of revenue · last 3 filings
A surplus in 0 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
98%
of spending
98% of spending went to programs.
Pt IX · Ln 25 · col B
Named funders
1
named funder · $207K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
9
of 10 voting members
9 of 10 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$2.6M
+24% vs prior year
Spent
$10.8M
To programs
98%
Net assets
$0
By yearFY2020–FY2022
Revenue
$2.6M
FY2022▲ +24%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.5M
FY2021$2.1M
FY2022$2.6M
Expenses
$10.8M
FY2022▲ +285%
Tap a bar for its year
Expenses by fiscal year
FY2020$3.0M
FY2021$2.8M
FY2022$10.8M
Net assets
$0
FY2022▼ -100%
Tap a bar for its year
Net assets by fiscal year
FY2020$8.9M
FY2021$8.2M
FY2022$0

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing we have: FY2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

98 cents of each dollar spent went to programs.

Program services 98% · $10.6M Management & general 2% · $199K Fundraising 1% · $55K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

12 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Center for Emerging Technologies executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Fosters new tech businesses and research by helping innovators find funding.

Questions for Center for Emerging Technologies

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2 programs · $10.6M · in their own filed words · FY2022
01

The center's purpose is to serve the metropolitian st. Louis area and the state of missouri by working to develop the infastructure necessary to establish and develop next generation medical and advanced technology companies.

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 43-1329843) · Dispute this line
$10.6Mprogram expense
02

Entrepreneurial Development Programs

Square one, level next and house of genius

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 43-1329843) · Dispute this line
Pt IX · Ln 25 · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2021
Total grants receivedfrom 1 funder$207K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$2.6M
Ln 12
Fees for servicesLn 2g$2.3M
Gifts and grantsLn 1h$315K
Investment incomeLn 3$8K
Money outPt IX
$10.8M
Ln 25
Programscol B$10.6M
Managementcol C$199K
Fundraisingcol D$55K
Owns and owesPt X
$0
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$0
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$315K
Noncash giftsLn 1g$15K
Fees for servicesLn 2g$2.3M
Investment incomeLn 3$8K
Total revenueLn 12$2.6M
Assets in detailPt X, end of year
Total assetsLn 16$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$1.7M$0
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$7.4M$0
Total assetsLn 16$9.0M$0
LiabilitiesLn 26$829K$0
Net assetsLn 32$8.2M$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$5K$5K
Grants to domestic individualsLn 2$3K$3K
Other salaries and wagesLn 7$1.1M$1.0M$78K$46K
Other employee benefitsLn 9$136K$121K$9K$6K
Payroll taxesLn 10$89K$79K$6K$4K
Management feesLn 11a$240K$223K$17K
Legal feesLn 11b$19K$9K$9K
Accounting feesLn 11c$54K$26K$27K
Other fees for servicesLn 11g$72K$35K$37K
Advertising and promotionLn 12$9K$9K
Office expensesLn 13$16K$16K$91
Information technologyLn 14$50K$49K$500
OccupancyLn 16$769K$761K$8K
TravelLn 17$6K$6K
InterestLn 20$2K$2K$25
Depreciation, depletion and amortizationLn 22$335K$332K$3K
InsuranceLn 23$50K$47K$2K
Other expenses (24a–d)Ln 24$7.8M$7.8M$1K
Total functional expensesLn 25$10.8M$10.6M$199K$55K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest ViewingFiled with the IRS Jun 12, 2023 $2.6M$10.8M−$8.2M$0 990 PDF
FY2021Filed with the IRS Oct 13, 2022 $2.1M$2.8M−$708K$8.2M 990 PDF
FY2020Filed with the IRS Oct 20, 2021 $2.5M$3.0M−$545K$8.9M 990 PDF

Schedules filed Part IV

I · Grants O · Explanations
See the full FY2022 990
Part I · Summary $2,599,483 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $216,598$314,707
I-9 Program service revenuePrior year $1,863,316$2,276,798
I-10 Investment incomePrior year $9,521$7,978
I-11 Other revenuePrior year $9,000$0
I-12 Total revenuePrior year $2,098,435$2,599,483
I-13 Grants and similar amounts paidPrior year $1,000$7,540
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,023,677$1,352,011
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,782,063$9,455,768
I-18 Total expensesPrior year $2,806,740$10,815,319
I-19 Revenue less expensesPrior year −$708,305−$8,215,836
Part VI · Governance 9 of 10 board members independent, 1 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members9
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,599,483 across 6 lines filed
VIII-1f All other contributions, gifts and grants$314,707
VIII-1g Noncash contributions (included above)$15,305
VIII-1h Total contributions, gifts and grants$314,707
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,276,798$2,276,798
VIII-3 Investment incomeExcluded from tax $7,978$7,978
VIII-12 Total revenueRelated to mission $2,276,798 · Unrelated business $0 · Excluded from tax $7,978$2,599,483
Part IX · Statement of functional expenses $10,815,319 across 18 lines filed
IX-1 Grants to domestic organizationsPrograms $5,000$5,000
IX-2 Grants to domestic individualsPrograms $2,540$2,540
IX-7 Other salaries and wagesPrograms $1,003,435 · Management $78,075 · Fundraising $45,662$1,127,172
IX-9 Other employee benefitsPrograms $121,202 · Management $9,430 · Fundraising $5,515$136,147
IX-10 Payroll taxesPrograms $78,956 · Management $6,143 · Fundraising $3,593$88,692
IX-11a Management feesPrograms $223,200 · Management $16,800$240,000
IX-11b Legal feesPrograms $9,049 · Management $9,483$18,532
IX-11c Accounting feesPrograms $26,208 · Management $27,468$53,676
IX-11g Other fees for servicesPrograms $35,035 · Management $36,719$71,754
IX-12 Advertising and promotionPrograms $9,310$9,310
IX-13 Office expensesPrograms $16,385 · Management $91$16,476
IX-14 Information technologyPrograms $49,475 · Management $500$49,975
IX-16 OccupancyPrograms $761,338 · Management $7,680$769,018
IX-17 TravelPrograms $6,320$6,320
IX-20 InterestPrograms $2,435 · Management $25$2,460
IX-22 Depreciation, depletion and amortizationPrograms $331,534 · Management $3,349$334,883
IX-23 InsurancePrograms $47,292 · Management $2,489$49,781
IX-24 Other expenses (24a–d)Programs $7,832,512 · Management $1,071$7,833,583
IX-25 Total functional expensesPrograms $10,561,226 · Management $199,323 · Fundraising $54,770$10,815,319
Part X · Balance sheet $0 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $260,672$0
X-2 Savings and temporary cash investmentsStart of year $1,395,386$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $1,735$0
X-5 Loans to officers and key people$0
X-6 Loans to other insiders$0
X-7 Notes and loans receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $11,642$0
X-10c Land, buildings and equipment, netStart of year $7,361,627$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $13,627$0
X-16 Total assetsStart of year $9,044,689$0
X-17 Accounts payable and accrued expensesStart of year $87,167$0
X-23 Secured mortgages and notes payableStart of year $73,466$0
X-25 Other liabilitiesStart of year $668,220$0
X-26 Total liabilitiesStart of year $828,853$0
X-27 Net assets without donor restrictionsStart of year $8,210,836$0
X-28 Net assets with donor restrictionsStart of year $5,000$0
X-32 Total net assets or fund balancesStart of year $8,215,836$0
X-33 Total liabilities and net assetsStart of year $9,044,689$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$2,599,483
XI-2 Total expenses$10,815,319
XI-3 Revenue less expenses−$8,215,836
XI-4 Net assets at start of year$8,215,836
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$0

Form 990 e-file FY2022 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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