Center for Emerging Technologies FY2021 filing

St Louis, MOUnknown exempt organizationEIN 43-1329843

This page gets seen. Tell your story. Claim this org.

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.

88¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
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
Concern: a surplus in 0 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
7 mo
of spending, in cash
Looks good: 7.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $207K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$829K
9% of total assets
Looks good: liabilities are 9% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 10 voting members
Looks good: 9 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.1M
-16% vs prior year
Spent
$2.8M
To programs
88%
Net assets
$8.2M
By yearFY2020–FY2022
Revenue
$2.1M
FY2021▼ -16%
Revenue by fiscal year
FY2020$2.5M
FY2021$2.1M
FY2022$2.6M
Expenses
$2.8M
FY2021▼ -8%
Expenses by fiscal year
FY2020$3.0M
FY2021$2.8M
FY2022$10.8M
Net assets
$8.2M
FY2021▼ -8%
Net assets by fiscal year
FY2020$8.9M
FY2021$8.2M
FY2022$0

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2022) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022.

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

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $2.5M Management & general 12% · $327K Fundraising 1% · $19K

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

Something off? The org can add a note here. Request edit privileges.

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 →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

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.

Provided by the organization

This section is blank until Center for Emerging Technologies claims this page.

Know this organization? Claim it to add your story

2 program services account for $2.5M of program spending, described in the organization's own filed words · FY2021.
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.

$2.3Mprogram expense
02

Entrepreneurial Development Programs

Square one, level next and house of genius

$140Kprogram expense

Run this program? Claim this org to tell your story

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 FY2021 990, line by line.

1The main four
Money inPt VIII
$2.1M
Ln 12
Fees for servicesLn 2g$1.9M
Gifts and grantsLn 1h$217K
Investment incomeLn 3$10K
Money outPt IX
$2.8M
Ln 25
Programscol B$2.5M
Managementcol C$327K
Fundraisingcol D$19K
Owns and owesPt X
$8.2M
net assets · Ln 32
Cash and savingsLn 1–2$1.7M
Total assetsLn 16$9.0M
LiabilitiesLn 26$829K
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$217K
Fees for servicesLn 2g$1.9M
Investment incomeLn 3$10K
Other incomeLn 4–11$9K
Gains on assetsLn 7$7K
Total revenueLn 12$2.1M
Assets in detailPt X, end of year
CashLn 1$261K
SavingsLn 2$1.4M
Cash and savings togetherLn 1–2$1.7M
Land, buildings, equipmentLn 10c$7.4M
Other assetsLn 15$14K
Total assetsLn 16$9.0M
LiabilitiesLn 26$829K
Net assetsLn 32$8.2M
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 FY21End FY21
Cash and savingsLn 1–2$1.8M$1.7M
Land, buildings, equipmentLn 10c$7.8M$7.4M
Total assetsLn 16$9.6M$9.0M
LiabilitiesLn 26$697K$829K
Net assetsLn 32$8.9M$8.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$1K$1K
Other salaries and wagesLn 7$853K$651K$186K$16K
Other employee benefitsLn 9$103K$79K$23K$2K
Payroll taxesLn 10$67K$51K$15K$1K
Management feesLn 11a$240K$223K$17K
Legal feesLn 11b$3K$2K$2K
Accounting feesLn 11c$56K$27K$29K
Other fees for servicesLn 11g$78K$38K$40K
Advertising and promotionLn 12$3K$2K$344
Office expensesLn 13$9K$9K$77
Information technologyLn 14$48K$47K$475
OccupancyLn 16$759K$751K$8K
TravelLn 17$997$658$339
InterestLn 20$6K$6K$59
Depreciation, depletion and amortizationLn 22$420K$416K$4K
InsuranceLn 23$45K$43K$2K
Other expenses (24a–d)Ln 24$115K$114K$1K
Total functional expensesLn 25$2.8M$2.5M$327K$19K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest $2.6M$10.8M−$8.2M$0 990 PDF
FY2021 Viewing $2.1M$2.8M−$708K$8.2M 990 PDF
FY2020 $2.5M$3.0M−$545K$8.9M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $2,098,435 across 7 lines filed
VIII-1f All other contributions, gifts and grants$216,598
VIII-1h Total contributions, gifts and grants$216,598
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,863,316$1,863,316
VIII-3 Investment incomeExcluded from tax $2,164$2,164
VIII-7 Net gain or loss on sales of assetsExcluded from tax $7,357$7,357
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $9,000$9,000
VIII-12 Total revenueRelated to mission $1,872,316 · Unrelated business $0 · Excluded from tax $9,521$2,098,435
Part IX · Statement of functional expenses $2,806,740 across 17 lines filed
IX-2 Grants to domestic individualsPrograms $1,000$1,000
IX-7 Other salaries and wagesPrograms $651,334 · Management $186,497 · Fundraising $15,609$853,440
IX-9 Other employee benefitsPrograms $78,673 · Management $22,526 · Fundraising $1,885$103,084
IX-10 Payroll taxesPrograms $51,250 · Management $14,675 · Fundraising $1,228$67,153
IX-11a Management feesPrograms $223,200 · Management $16,800$240,000
IX-11b Legal feesPrograms $1,640 · Management $1,729$3,369
IX-11c Accounting feesPrograms $27,082 · Management $28,566$55,648
IX-11g Other fees for servicesPrograms $38,012 · Management $40,095$78,107
IX-12 Advertising and promotionPrograms $2,300 · Fundraising $344$2,644
IX-13 Office expensesPrograms $9,114 · Management $77$9,191
IX-14 Information technologyPrograms $47,051 · Management $475$47,526
IX-16 OccupancyPrograms $751,412 · Management $7,575$758,987
IX-17 TravelPrograms $658 · Management $339$997
IX-20 InterestPrograms $5,827 · Management $59$5,886
IX-22 Depreciation, depletion and amortizationPrograms $416,049 · Management $4,203$420,252
IX-23 InsurancePrograms $42,502 · Management $2,237$44,739
IX-24 Other expenses (24a–d)Programs $113,648 · Management $1,069$114,717
IX-25 Total functional expensesPrograms $2,460,752 · Management $326,922 · Fundraising $19,066$2,806,740
Part X · Balance sheet $9,044,689 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $187,621$260,672
X-2 Savings and temporary cash investmentsStart of year $1,626,956$1,395,386
X-4 Accounts receivableStart of year $7,025$1,735
X-9 Prepaid expenses and deferred chargesStart of year $4,536$11,642
X-10c Land, buildings and equipment, netStart of year $7,795,271$7,361,627
X-15 Other assetsStart of year $0$13,627
X-16 Total assetsStart of year $9,621,409$9,044,689
X-17 Accounts payable and accrued expensesStart of year $105,938$87,167
X-25 Other liabilitiesStart of year $379,132$668,220
X-26 Total liabilitiesStart of year $697,268$828,853
X-27 Net assets without donor restrictionsStart of year $8,919,141$8,210,836
X-28 Net assets with donor restrictionsStart of year $5,000$5,000
X-32 Total net assets or fund balancesStart of year $8,924,141$8,215,836
X-33 Total liabilities and net assetsStart of year $9,621,409$9,044,689
Part XI · Reconciliation of net assets $8,215,836 net assets at year end
XI-1 Total revenue$2,098,435
XI-2 Total expenses$2,806,740
XI-3 Revenue less expenses−$708,305
XI-4 Net assets at start of year$8,924,141
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$8,215,836

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.