Mitre Engenuity Incorporated FY2020 filing

McLean, VAUnknown exempt organizationSince 2019EIN 84-2095899

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23¢ of each $1 spent went to programs.
Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2021
latest Form 990
Concern: the latest return is for FY2021, 5 tax years back; more than 4 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 2
filings with a surplus
Average deficit $2.1M a year · 19% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
23%
of spending
Concern: 23% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
11 mo
of spending, in cash
Looks good: 11.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $187K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$4.4M
37% of total assets
Looks good: liabilities are 37% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 2 voting members
Concern: none of 2 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$13.4M
Spent
$10.0M
To programs
23%
Net assets
$7.6M
By yearFY2020–FY2021
Revenue
$13.4M
FY2020
Revenue by fiscal year
FY2020$13.4M
FY2021$8.3M
Expenses
$10.0M
FY2020
Expenses by fiscal year
FY2020$10.0M
FY2021$15.9M
Net assets
$7.6M
FY2020
Net assets by fiscal year
FY2020$7.6M
FY2021$0

From the FY2020 Form 990 (year ending September 2020) · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2021) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2021.

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

Where the money goes

23 cents of each dollar spent went to programs.

Program services 23% · $2.3M Management & general 77% · $7.7M

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

8 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Director / Officer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
President/CEO
$0Pt VII · Sec A
Treasurer/CFO
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Mitre Engenuity Incorporated executive salaries →

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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 15aNo

Programs and updates

Mitre Engenuity Incorporated is a nonprofit organization based in McLean, VA, formed in 2019.

Provided by the organization

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3 programs · $2.3M · in their own filed words · FY2019
01

Cyber

Mitre engenuity's cyber segment includes the center for threat-informed defense ("ctid") which brings together leading security teams from around the world and organizations committed to funding public interest R&D that accelerates publicly available resources critical to cyber defenses.

$1.1Mprogram expense
02

5g: mitre engenuity's 5g segment collaborates with innovators and enterprise customers to establish breakthroughs and common standards.

$673Kprogram expense
03

Health

Mitre engenuity's health segment focuses on solving the nation's toughest health challenges, driving safer, more effective healthcare.

$498Kprogram 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 · FY2021
Total grants receivedfrom 1 funder$187K
Grants paid · 1 grant · $200K · 2019–2019
The Mitre CorporationMA · FY2019$200,000

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$13.4M
Ln 12
Gifts and grantsLn 1h$12.7M
Fees for servicesLn 2g$651K
Investment incomeLn 3$8K
Money outPt IX
$10.0M
Ln 25
Programscol B$2.3M
Managementcol C$7.7M
Owns and owesPt X
$7.6M
net assets · Ln 32
Cash and savingsLn 1–2$9.2M
Total assetsLn 16$11.9M
LiabilitiesLn 26$4.4M
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a2
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$12.7M
Fees for servicesLn 2g$651K
Investment incomeLn 3$8K
Total revenueLn 12$13.4M
Assets in detailPt X, end of year
CashLn 1$9.2M
Cash and savings togetherLn 1–2$9.2M
InvestmentsLn 11–13$1.7M
Other assetsLn 15$600K
Total assetsLn 16$11.9M
LiabilitiesLn 26$4.4M
Net assetsLn 32$7.6M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$5.0M$9.2M
InvestmentsLn 11–13$1.7M
Total assetsLn 16$5.0M$11.9M
LiabilitiesLn 26$452K$4.4M
Net assetsLn 32$4.5M$7.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$200K$200K
Management feesLn 11a$7.8M$1.8M$6.0M
Legal feesLn 11b$33K$33K
Other fees for servicesLn 11g$1.4M$276K$1.1M
Office expensesLn 13$49K$129$48K
Information technologyLn 14$112K$918$111K
OccupancyLn 16$9K$9K
TravelLn 17$100K$100K
Conferences, conventions and meetingsLn 19$118K$118K
Other expenses (24a–d)Ln 24$85K$85K
Total functional expensesLn 25$10.0M$2.3M$7.7M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2021 Latest $8.3M$15.9M−$7.6M$0 990 PDF
FY2020 Viewing $13.4M$10.0M$3.4M$7.6M 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 FY2020 990 (4 parts)
Part VIII · Statement of revenue $13,400,815 across 6 lines filed
VIII-1d Related organizations$5,000,000
VIII-1f All other contributions, gifts and grants$7,742,057
VIII-1h Total contributions, gifts and grants$12,742,057
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $650,713$650,713
VIII-3 Investment incomeExcluded from tax $8,045$8,045
VIII-12 Total revenueRelated to mission $650,713 · Unrelated business $0 · Excluded from tax $8,045$13,400,815
Part IX · Statement of functional expenses $9,957,664 across 10 lines filed
IX-1 Grants to domestic organizationsPrograms $200,000$200,000
IX-11a Management feesPrograms $1,826,775 · Management $6,016,420$7,843,195
IX-11b Legal feesManagement $32,869$32,869
IX-11g Other fees for servicesPrograms $275,666 · Management $1,132,794$1,408,460
IX-13 Office expensesPrograms $129 · Management $48,386$48,515
IX-14 Information technologyPrograms $918 · Management $111,042$111,960
IX-16 OccupancyManagement $8,988$8,988
IX-17 TravelManagement $100,375$100,375
IX-19 Conferences, conventions and meetingsManagement $118,376$118,376
IX-24 Other expenses (24a–d)Management $84,926$84,926
IX-25 Total functional expensesPrograms $2,303,488 · Management $7,654,176 · Fundraising $0$9,957,664
Part X · Balance sheet $11,921,249 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $4,999,007$9,169,654
X-4 Accounts receivable$411,422
X-9 Prepaid expenses and deferred charges$61,012
X-12 Other securities$1,679,034
X-15 Other assetsStart of year $0$600,127
X-16 Total assetsStart of year $4,999,007$11,921,249
X-17 Accounts payable and accrued expenses$359,960
X-19 Deferred revenue$2,828,287
X-25 Other liabilitiesStart of year $451,931$1,163,741
X-26 Total liabilitiesStart of year $451,931$4,351,988
X-27 Net assets without donor restrictions$1,790,261
X-28 Net assets with donor restrictionsStart of year $4,547,076$5,779,000
X-32 Total net assets or fund balancesStart of year $4,547,076$7,569,261
X-33 Total liabilities and net assetsStart of year $4,999,007$11,921,249
Part XI · Reconciliation of net assets $7,569,261 net assets at year end
XI-1 Total revenue$13,400,815
XI-2 Total expenses$9,957,664
XI-3 Revenue less expenses$3,443,151
XI-4 Net assets at start of year$4,547,076
XI-9 Other changes in net assets−$420,966
XI-10 Net assets at end of year$7,569,261

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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