Advanced Technology International FY2024 filing

Tax-deductible

Summerville, SC501(c)(3)Since 1998Science & TechnologyEIN 57-1067151Revenue $4.8B in FY2024

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.
$6.0M paid to officers and key staff.
Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2024 · 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
$6.0M
to officers and key staff · 0.1% of spending
Looks good: pay to officers and key staff is 0% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 5.0 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
$2.1B
95% of total assets
Concern: liabilities are 95% of assets; over 80%.
Pt X · Ln 26
Independent board members
4
of 6 voting members
Looks good: 4 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.8B
+13% vs prior year
Spent
$4.8B
To programs
99%
Net assets
$114.4M
By yearFY2020–FY2025
Revenue
$4.8B
FY2024▲ +13%
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
$4.8B
FY2024▲ +11%
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
$114.4M
FY2024▲ +91%
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 FY2024 Form 990 (year ending September 2024) · 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% · $4.8B Management & general 1% · $28.9M

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

26 people listed on the 990; $6.0M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
President and Chief Executive Officer (thru 7/24)
$885,596Pt VII · Sec A
Chief Financial Officer
$570,699Pt VII · Sec A
President and Chief Operating Officer
$501,299Pt VII · Sec A
Chief Management Officer
$391,831Pt VII · Sec A
Executive Vice President, Program Management Office
$308,606Pt VII · Sec A
Senior Vice President
$266,634Pt VII · Sec A
Vice President
$253,352Pt VII · Sec A
Vice President
$252,409Pt 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 · $4.8B · in their own filed words · FY2023
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.

$4.8Bprogram 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 FY2024 990, line by line.

1The main four
Money inPt VIII
$4.8B
Ln 12
Fees for servicesLn 2g$4.8B
Investment incomeLn 3$2.5M
Other incomeLn 4–11$1.5M
Money outPt IX
$4.8B
Ln 25
Programscol B$4.8B
Managementcol C$28.9M
Owns and owesPt X
$114.4M
net assets · Ln 32
Cash and savingsLn 1–2$2.0B
Total assetsLn 16$2.2B
LiabilitiesLn 26$2.1B
PeoplePt VI, VII
26
listed · VII A
PaidVII A25
Voting boardVI 1a6
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$4.8B
Investment incomeLn 3$2.5M
Other incomeLn 4–11$1.5M
Total revenueLn 12$4.8B
Assets in detailPt X, end of year
CashLn 1$654.4M
SavingsLn 2$1.34B
Cash and savings togetherLn 1–2$2.0B
InvestmentsLn 11–13$80.4M
Land, buildings, equipmentLn 10c$27.9M
Other assetsLn 15$0
Total assetsLn 16$2.2B
LiabilitiesLn 26$2.1B
Net assetsLn 32$114.4M
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 FY24End FY24
Cash and savingsLn 1–2$1.65B$1.99B
InvestmentsLn 11–13$51.6M$80.4M
Land, buildings, equipmentLn 10c$12.2M$27.9M
Total assetsLn 16$1.81B$2.18B
LiabilitiesLn 26$1.75B$2.07B
Net assetsLn 32$59.8M$114.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1.9M$1.9M
Grants to domestic individualsLn 2$12K$12K
Pay of current officers, directors and key staffLn 5$5.9M$1.4M$4.5M
Other salaries and wagesLn 7$33.6M$24.8M$8.8M
Pension plan contributionsLn 8$2.3M$1.6M$616K
Other employee benefitsLn 9$3.4M$2.2M$1.2M
Payroll taxesLn 10$2.7M$1.9M$797K
Legal feesLn 11b$152K$152K
Accounting feesLn 11c$167K$167K
Lobbying feesLn 11d$47K$47K
Other fees for servicesLn 11g$3.5M$1.1M$2.4M$0
Advertising and promotionLn 12$18K$14K$5K
Office expensesLn 13$663K$305K$358K
Information technologyLn 14$5.6M$1.8M$3.7M
OccupancyLn 16$2.4M$1.7M$745K
TravelLn 17$660K$326K$334K
Conferences, conventions and meetingsLn 19$810K$391K$419K
InterestLn 20$2.7M$2.7M
Depreciation, depletion and amortizationLn 22$1.3M$369K$931K
InsuranceLn 23$742K$99K$643K
Other expenses (24a–d)Ln 24$4.71B$4.71B$417K
All other expensesLn 24e$0$0$0$0
Total functional expensesLn 25$4.78B$4.75B$28.9M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $4.9B$4.8B$44.5M$167.7M 990 PDF
FY2024 Viewing $4.8B$4.8B$45.5M$114.4M 990 PDF
FY2023 $4.3B$4.3B−$29.7M$59.8M 990 PDF
FY2022 $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 FY2024 990 (6 parts)
Part I · Summary $4,825,637,244 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,000,000$0
I-9 Program service revenuePrior year $4,258,787,052$4,821,695,881
I-10 Investment incomePrior year $2,346,792$2,483,829
I-11 Other revenuePrior year $20,694$1,457,534
I-12 Total revenuePrior year $4,264,154,538$4,825,637,244
I-13 Grants and similar amounts paidPrior year $558,398$1,888,858
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $43,853,185$47,810,120
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $4,249,407,356$4,730,475,719
I-18 Total expensesPrior year $4,293,818,939$4,780,174,697
I-19 Revenue less expensesPrior year −$29,664,401$45,462,547
Part VI · Governance 4 of 6 board members independent, no flags
VI-1a Voting members of the governing body6
VI-1b Independent voting members4
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 $4,825,637,244 across 5 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 $4,821,422,294 · Unrelated business $273,587$4,821,695,881
VIII-3 Investment incomeExcluded from tax $2,483,829$2,483,829
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,457,534$1,457,534
VIII-12 Total revenueRelated to mission $4,822,879,828 · Unrelated business $273,587 · Excluded from tax $2,483,829$4,825,637,244
Part IX · Statement of functional expenses $4,780,174,697 across 22 lines filed
IX-1 Grants to domestic organizationsPrograms $1,877,058$1,877,058
IX-2 Grants to domestic individualsPrograms $11,800$11,800
IX-5 Pay of current officers, directors and key staffPrograms $1,391,575 · Management $4,491,101$5,882,676
IX-7 Other salaries and wagesPrograms $24,821,106 · Management $8,785,384$33,606,490
IX-8 Pension plan contributionsPrograms $1,638,946 · Management $615,874$2,254,820
IX-9 Other employee benefitsPrograms $2,194,295 · Management $1,221,825$3,416,120
IX-10 Payroll taxesPrograms $1,853,146 · Management $796,868$2,650,014
IX-11b Legal feesManagement $151,652$151,652
IX-11c Accounting feesManagement $166,780$166,780
IX-11d Lobbying feesPrograms $47,072$47,072
IX-11g Other fees for servicesPrograms $1,129,590 · Management $2,378,371 · Fundraising $0$3,507,961
IX-12 Advertising and promotionPrograms $13,571 · Management $4,890$18,461
IX-13 Office expensesPrograms $305,066 · Management $357,685$662,751
IX-14 Information technologyPrograms $1,816,216 · Management $3,739,368$5,555,584
IX-16 OccupancyPrograms $1,672,642 · Management $744,700$2,417,342
IX-17 TravelPrograms $326,273 · Management $334,217$660,490
IX-19 Conferences, conventions and meetingsPrograms $390,836 · Management $419,204$810,040
IX-20 InterestManagement $2,659,061$2,659,061
IX-22 Depreciation, depletion and amortizationPrograms $368,669 · Management $930,837$1,299,506
IX-23 InsurancePrograms $98,652 · Management $643,477$742,129
IX-24 Other expenses (24a–d)Programs $4,711,360,384 · Management $416,506$4,711,776,890
IX-24e All other expensesPrograms $0 · Management $0 · Fundraising $0$0
IX-25 Total functional expensesPrograms $4,751,316,897 · Management $28,857,800 · Fundraising $0$4,780,174,697
Part X · Balance sheet $2,183,935,854 assets, 23 lines filed
X-1 Cash, non-interest-bearingStart of year $698,615,328$654,393,599
X-2 Savings and temporary cash investmentsStart of year $953,453,092$1,337,731,098
X-3 Pledges and grants receivableStart of year $3,000,000$0
X-4 Accounts receivableStart of year $86,056,694$77,427,526
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $594,921$931,997
X-10c Land, buildings and equipment, netStart of year $12,215,231$27,882,915
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $51,609,353$80,389,809
X-14 Intangible assetsStart of year $5,852,466$5,178,910
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $1,811,397,085$2,183,935,854
X-17 Accounts payable and accrued expensesStart of year $699,752,253$718,051,550
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $980,870,137$1,298,576,974
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 $70,985,234$52,880,688
X-26 Total liabilitiesStart of year $1,751,607,624$2,069,509,212
X-27 Net assets without donor restrictionsStart of year $56,789,461$113,741,035
X-28 Net assets with donor restrictionsStart of year $3,000,000$685,607
X-32 Total net assets or fund balancesStart of year $59,789,461$114,426,642
X-33 Total liabilities and net assetsStart of year $1,811,397,085$2,183,935,854
Part XI · Reconciliation of net assets $114,426,642 net assets at year end
XI-1 Total revenue$4,825,637,244
XI-2 Total expenses$4,780,174,697
XI-3 Revenue less expenses$45,462,547
XI-4 Net assets at start of year$59,789,461
XI-5 Net unrealized gains (losses) on investments$11,206,216
XI-9 Other changes in net assets−$2,031,582
XI-10 Net assets at end of year$114,426,642

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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