Advanced Technology International FY2022 filing

Tax-deductible

Summerville, SC501(c)(3)Since 1998Science & TechnologyEIN 57-1067151Revenue $5.1B in FY2022

On file with the IRSati.org315 Sigma Dr, 29486-7790 · Summerville, SCTax-exempt since Oct 1998Publicly supported — 509(a)(2)

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501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
$5.0M paid to officers and key staff.
Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $23.2M a year · under 1% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$5.0M
to officers and key staff · 0.10% of spending
Looks good: pay to officers and key staff is 0% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.4B
94% of total assets
Concern: liabilities are 94% of assets; over 80%.
Pt X · Ln 26
Independent board members
6
of 8 voting members
Looks good: 6 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.1B
-36% vs prior year
Spent
$5.1B
To programs
99%
Net assets
$86.8M
By yearFY2020–FY2025
Revenue
$5.1B
FY2022▼ -36%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.5B
FY2021$8.0B
FY2022$5.1B
FY2023$4.3B
FY2024$4.8B
FY2025$4.9B
Expenses
$5.1B
FY2022▼ -36%
Tap a bar for its year
Expenses by fiscal year
FY2020$3.4B
FY2021$8.0B
FY2022$5.1B
FY2023$4.3B
FY2024$4.8B
FY2025$4.8B
Net assets
$86.8M
FY2022▲ +24%
Tap a bar for its year
Net assets by fiscal year
FY2020$38.9M
FY2021$70.0M
FY2022$86.8M
FY2023$59.8M
FY2024$114.4M
FY2025$167.7M

From the FY2022 Form 990 (year ending September 2022) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1998.

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

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $5.1B Management & general 1% · $25.9M

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

25 people listed on the 990; $5.0M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President and CEO
$711,903Pt VII · Sec A
CFO and Treasurer
$434,426Pt VII · Sec A
Chief Management Officer
$343,109Pt VII · Sec A
Chief Operating Officer
$315,257Pt VII · Sec A
SR. Vice President
$308,882Pt VII · Sec A
SR. Vice President
$264,498Pt VII · Sec A
Chief Growth Officer
$252,240Pt VII · Sec A
Compliance Officer
$248,514Pt VII · Sec A

Christopher Van Metre’s $710K as Director Chair/Former Chief Executive Officer is at the 35th percentile of top reported officer pay among 43 $100M+ 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 · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Christopher Van Metre$710,431$885,596$877,076$711,903$712,067$636,837
Mica L Dolan$620,483$501,299$445,892$315,257$254,092$237,286
Julia a Martin$588,564$570,699$516,992$434,426$365,761$378,869
Mitchell K Sauls$422,843$391,831$381,329$343,109$296,893$272,128
John M Jansen$367,163—————
Michael S Gore$357,495$308,606$290,500$264,498$218,733$220,312
Gerardina M Pelto$144,011$223,848$139,947$308,882$256,625$263,047
Kelly F Cusanelli$305,304$266,634$261,602$231,398$215,551$219,405

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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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Facilitates collaboration among government, academia, and industry to develop technology solutions for operational and cost efficiencies.

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Provided by the organization

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1 program · $5.1B · in their own filed words · FY2021
01

To lessen the burden of government by facilitating collaboration among government agencies, academia, and industry in order to identify technology solutions which contribute to operational and cost efficiencies. Managing diverse R&D consortia to address important technology needs.

$5.1Bprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$10K
Grants paid · 129 grants · $15.2M · 2019–2024
Imagine Believe Realize LLCFY2024$90,000
Matregenix INCFY2024$60,000
Humanetics CorporationFY2024$60,000
Sensorq Technologies INCFY2024$50,000
Percusense INCFY2024$30,000
Readdi INCNC · FY2024$30,000
Spacey Copy INCFY2024$30,000
Quantum Qool INCFY2024$20,000
Inhance Digital CorporationFY2024$10,000
Signature Science LLCFY2024$10,000
Unitemized GrantFY2024$9,250
Isovac Products LLCFY2023$25,000
See all 129 grants →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$5.1B
Ln 12
Fees for servicesLn 2g$5.1B
Investment incomeLn 3$27K
Other incomeLn 4–11$9K
Money outPt IX
$5.1B
Ln 25
Programscol B$5.1B
Managementcol C$25.9M
Owns and owesPt X
$86.8M
net assets · Ln 32
Cash and savingsLn 1–2$1.4B
Total assetsLn 16$1.5B
LiabilitiesLn 26$1.4B
PeoplePt VI, VII
25
listed · VII A
PaidVII A22
Voting boardVI 1a8
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$5.1B
Investment incomeLn 3$27K
Other incomeLn 4–11$9K
Gains on assetsLn 7$0
Total revenueLn 12$5.1B
Assets in detailPt X, end of year
CashLn 1$732.6M
SavingsLn 2$621.6M
Cash and savings togetherLn 1–2$1.4B
InvestmentsLn 11–13$27.9M
Land, buildings, equipmentLn 10c$6.4M
Other assetsLn 15$0
Total assetsLn 16$1.5B
LiabilitiesLn 26$1.4B
Net assetsLn 32$86.8M
OperationsPt I, VI
EmployeesI 5419
VolunteersI 60
Fiscal year endsHeaderSeptember
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$1.37B$1.35B
InvestmentsLn 11–13$7.2M$27.9M
Land, buildings, equipmentLn 10c$6.7M$6.4M
Total assetsLn 16$1.46B$1.48B
LiabilitiesLn 26$1.39B$1.39B
Net assetsLn 32$70.0M$86.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$740K$740K
Grants to domestic individualsLn 2$45K$45K
Grants and assistance to foreign recipientsLn 3$10K$10K
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$4.6M$1.3M$3.3M
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$28.8M$19.2M$9.6M
Pension plan contributionsLn 8$1.9M$1.2M$624K
Other employee benefitsLn 9$3.2M$1.9M$1.3M
Payroll taxesLn 10$2.2M$1.4M$792K
Management feesLn 11a$0
Legal feesLn 11b$221K$221K
Accounting feesLn 11c$134K$134K
Lobbying feesLn 11d$555K$555K
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$3.7M$2.1M$1.5M
Advertising and promotionLn 12$22K$11K$10K
Office expensesLn 13$580K$270K$311K
Information technologyLn 14$5.2M$1.8M$3.4M
RoyaltiesLn 15$0
OccupancyLn 16$2.1M$1.4M$693K
TravelLn 17$324K$204K$120K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$534K$323K$211K
InterestLn 20$73K$73K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$1.2M$394K$797K
InsuranceLn 23$751K$106K$646K
Other expenses (24a–d)Ln 24$5.05B$5.05B$738K
All other expensesLn 24e$1.5M−$13K$1.5M
Total functional expensesLn 25$5.11B$5.08B$25.9M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $4.9B$4.8B$44.5M$167.7M 990 PDF
FY2024 $4.8B$4.8B$45.5M$114.4M 990 PDF
FY2023 $4.3B$4.3B−$29.7M$59.8M 990 PDF
FY2022 Viewing $5.1B$5.1B$23.1M$86.8M 990 PDF
FY2021 $8.0B$8.0B$31.2M$70.0M 990 PDF
FY2020 $3.5B$3.4B$24.7M$38.9M 990 PDF

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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 FY2022 990 (6 parts)
Part I · Summary $5,129,053,709 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $8,017,333,753$5,129,017,828
I-10 Investment incomePrior year $2,903,346$27,020
I-11 Other revenuePrior year $0$8,861
I-12 Total revenuePrior year $8,020,237,099$5,129,053,709
I-13 Grants and similar amounts paidPrior year $0$794,736
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $34,395,690$40,699,093
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $7,954,625,758$5,064,430,234
I-18 Total expensesPrior year $7,989,021,448$5,105,924,063
I-19 Revenue less expensesPrior year $31,215,651$23,129,646
Part VI · Governance 6 of 8 board members independent, no flags
VI-1a Voting members of the governing body8
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsNo
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 $5,129,053,709 across 9 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $5,128,901,828 · Unrelated business $116,000$5,129,017,828
VIII-3 Investment incomeExcluded from tax $27,020$27,020
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $8,861$8,861
VIII-12 Total revenueRelated to mission $5,128,910,689 · Unrelated business $116,000 · Excluded from tax $27,020$5,129,053,709
Part IX · Statement of functional expenses $5,105,924,063 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $739,736$739,736
IX-2 Grants to domestic individualsPrograms $45,000$45,000
IX-3 Grants and assistance to foreign recipientsPrograms $10,000$10,000
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $1,280,697 · Management $3,269,554$4,550,251
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $19,184,246 · Management $9,634,941$28,819,187
IX-8 Pension plan contributionsPrograms $1,231,857 · Management $624,049$1,855,906
IX-9 Other employee benefitsPrograms $1,947,134 · Management $1,291,365$3,238,499
IX-10 Payroll taxesPrograms $1,442,906 · Management $792,344$2,235,250
IX-11a Management fees$0
IX-11b Legal feesManagement $221,284$221,284
IX-11c Accounting feesManagement $133,695$133,695
IX-11d Lobbying feesPrograms $555,389$555,389
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $2,149,658 · Management $1,527,038$3,676,696
IX-12 Advertising and promotionPrograms $11,124 · Management $10,495$21,619
IX-13 Office expensesPrograms $269,572 · Management $310,572$580,144
IX-14 Information technologyPrograms $1,772,296 · Management $3,391,460$5,163,756
IX-15 Royalties$0
IX-16 OccupancyPrograms $1,411,405 · Management $693,421$2,104,826
IX-17 TravelPrograms $203,645 · Management $119,870$323,515
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $323,021 · Management $211,146$534,167
IX-20 InterestManagement $73,400$73,400
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $393,950 · Management $796,709$1,190,659
IX-23 InsurancePrograms $105,782 · Management $645,693$751,475
IX-24 Other expenses (24a–d)Programs $5,046,910,075 · Management $737,767$5,047,647,842
IX-24e All other expensesPrograms −$13,286 · Management $1,465,053$1,451,767
IX-25 Total functional expensesPrograms $5,079,974,207 · Management $25,949,856 · Fundraising $0$5,105,924,063
Part X · Balance sheet $1,475,919,496 assets, 22 lines filed
X-1 Cash, non-interest-bearingStart of year $546,022,623$732,588,671
X-2 Savings and temporary cash investmentsStart of year $823,227,390$621,601,181
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $78,833,018$80,259,199
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $342,462$583,700
X-10c Land, buildings and equipment, netStart of year $6,690,815$6,421,303
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $7,225,461$27,939,421
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$6,526,021
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $1,462,341,769$1,475,919,496
X-17 Accounts payable and accrued expensesStart of year $711,105,569$598,437,424
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $675,853,436$785,221,905
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $5,401,738$5,424,209
X-26 Total liabilitiesStart of year $1,392,360,743$1,389,083,538
X-32 Total net assets or fund balancesStart of year $69,981,026$86,835,958
X-33 Total liabilities and net assetsStart of year $1,462,341,769$1,475,919,496
Part XI · Reconciliation of net assets $86,835,958 net assets at year end
XI-1 Total revenue$5,129,053,709
XI-2 Total expenses$5,105,924,063
XI-3 Revenue less expenses$23,129,646
XI-4 Net assets at start of year$69,981,026
XI-5 Net unrealized gains (losses) on investments−$6,274,714
XI-10 Net assets at end of year$86,835,958

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

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