Advanced Heliophysics EIN 46-2417232 Form 990 (PDF) Claim this org

Advanced Heliophysics FY2023 filing

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Studies and predicts solar activity and its Earth impacts, educating future scientists. For fiscal year 2023 it reported $236K in revenue, $151K in expenses, and $145K in net assets.Pt I

Type
Public charity (501(c)(3)) · Science & Technology
Location
Monrovia, CA
Website
http:\\advancedheliophysics.com
Filings
5 on file (2020–2023)
Revenue
$236KFY2023
Expenses
$151K
Net assets
$145K
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-2417232 Public charity (501(c)(3)) Monrovia, CA
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Size
<$100K
What they do
Studies and predicts solar activity and its Earth impacts, educating future scientists.
Leadership
Olga Panasenco · President CEO · $122K
Money in and out
$236K revenue, $151K expenses
Bottom line
100% program efficiency
Where the money goes · FY2023
Total revenue
$236K
Pt VIII · Ln 12
Total expenses
$151K
Pt IX · Ln 25
Net assets
$145K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $84K
Where spending went · Part IX cols B–D
Program services $1.00 Management & general $0.00
Program efficiency
100%
of spending reaches programs
Operating runway
11.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+36%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$236K
FY2023▲ +9%
Expenses
$151K
FY2023▼ -11%
Total assets
$145K
FY2023▲ +139%
Total liabilities
$0
FY2023
Total revenue
$236K
Pt VIII · Ln 12
Total expenses
$151K
Pt IX · Ln 25
Net assets
$145K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$84K
Total assetsPt X · Ln 16$145K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAdvanced Heliophysics
EINHdr · item D46-2417232
Principal addressHdr · item CMonrovia, CA
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFScience & Technology (U99)
Ruling yearIRS BMFAug 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President CEO
$122,018Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Olga Panasenco’s $116K as President Principal Researcher is at the 94th percentile of top reported officer pay among 113 <$100K science & technology nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Olga Panasenco$115,596$122,018$141,284$134,626$116,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $151K of program spending, described in the organization's own filed words · FY2023.
01

Fundamental research in solar wind and solar plasma effects on objects in near earth orbit.

$151Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue100%$236K
Total revenueLn 12$236K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00 Management & general $0.00
Program services100%$151K
Management & general$197
Total functional expensesLn 25$151K

Balance Sheet

Part X · end of year
CashLn 1$138K
Total assetsLn 16$145K
Total liabilitiesLn 26$0
Total net assetsLn 32$145K
Months of cash on handcomputed11.0

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $138K · Operating expenses/yr $151K
11.0 months
Where the money goes
Program services
Program services $151K · Total expenses $151K
100%
Management & General
Management & general $197 · Total expenses $151K
0.1%
Fundraising
Fundraising $0 · Total expenses $151K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $236K
0%
Government reliance
Government grants $0 · Total revenue $236K
0%
Earned-income share
Program service revenue $236K · Total revenue $236K
100%
Investment reliance
Investment income $0 · Total revenue $236K
0%
Program self-sufficiency
Program service revenue $236K · Total expenses $151K
156%
Growth & trend
Revenue growth (YoY)
This year $236K · Prior year $217K
+9%
Net-asset trend (YoY)
End of year $145K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $236K · Expenses $151K
+36%
Liabilities-to-Assets
Total liabilities — · Total assets $145K
Net-asset ratio
Net assets $145K · Total assets $145K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $145K
0%
People & payroll
Highest Reported Total Compensation
Individual Olga Panasenco · Reported title PRESIDENT CEO · Highest reported compensation $122K · Total expenses $151K
81%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $132K · Total expenses $151K
87%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0.1%
Revenue growth 9%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$49K revenue · ⤓ 990 PDF
FY2023$236K revenue · viewing · ⤓ 990 PDF
FY2022$217K revenue · ⤓ 990 PDF
FY2021$172K revenue · ⤓ 990 PDF
FY2020$77K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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