National Security Technology Accelerator

EIN: 825338732 501(c)(3) Public Safety

Crane, IN

Total Revenue
$28,702,641
Total Expenses
$36,806,169
Total Assets
$830,463,714
Net Assets
$-4,745,955
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
NC
Principal Officer
Timothy Greeff
Phone
4089700100
Tax Period
2023-01-01 to 2023-12-31

National Security Technology Accelerator, founded in 2018, is a mid-sized nonprofit in the Public Safety sector that reported $28.7M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $36.8M exceeded revenue, resulting in a 28% operating deficit.

Mission

National Security Technology Accelerator (d/b/a Strategic and Spectrum Missions Advanced Resilient Trusted Systems or S2MARTS (pronounced 'smarts')) is a North Carolina nonprofit corporation and works to strengthen national security through identification, development, deployment and supply of advanced technology to the Warfighter. S2MARTS supports the United States Department of Defense (DoD) in refining current technology deficiencies and needs and subsequently identifying and testing potential technology solutions from companies, universities, laboratories, incubators and elsewhere. S2MARTS refines strategies and management planning activities, and implements integrated, complementary solutions that enable broader DoD access to commercial state-of-the-art EMS technologies, advanced microelectronics, radiation-hardened (RAD-HARD) and strategic missions hardware. For the government, the organization works with the national security agencies to identify and define their current technology gaps. Utilizing Design Thinking methodologies, S2MARTS helps the government better understand what their problem is and then refines their problem statement in a manner that can be understood outside government circles. S2MARTS then engages strategic partners and networks to identify potential technology solutions. Once a match is made, the organization continues to manage the project through development, testing and fielding. S2MARTS is a nonprofit operating under an Other Transaction Authority ("OTA") agreement, a contractual acquisition tool long used by DoD and other government agencies for expedited procurement as an alternative to the Federal Acquisition Regulation ("FAR") contracting process. OTAs allow DoD to access non-traditional contractors, such as nonprofits, small businesses, and other organizations, who areotherwise unable to competitively participate in the FAR process due to burdensome overhead requirements.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,466,013
Program Service Revenue $27,095,212
Investment Income $131,991
Other Revenue $9,425
TOTAL REVENUE $28,702,641

Expense Breakdown

Grants Paid $0
Salaries & Benefits $424,635
Fundraising Expenses $0
Program Expenses $36,789,744
Other Expenses $36,381,534
TOTAL EXPENSES $36,806,169

Year-over-Year Comparison

2023 2022 Change
Revenue $28,702,641 $25,297,187 +0.1%
Expenses $36,806,169 $22,053,166 +0.7%
Net Income $-8,103,528 $3,244,021 -3.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
3
Employees
35
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
4
$158
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kevin Mart Robnett Board Member 5.00
Director
$0 $0 $0
Neill Sciarrone Board Member 5.00
Director
$0 $0 $0
Tobler Tippins Voght Board Member 5.00
Director
$0 $0 $0
Timothy Hugo Greeff Board Member 1.00
Director
$158 $0 $158
Carl Douglas Crowe Director, S2MARTS 38.00
Highest
$142,499 $0 $142,499
Anthony Kestranek S2MARTS Deputy Director 38.00
Highest
$128,534 $0 $128,534
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $28,702,641 $36,806,169 $830,463,714 $-8,103,528
2022 $25,297,187 $22,053,166 $373,596,823 $3,244,021
2021 $193,455,372 $190,241,248 $150,147,204 $3,214,124
2020 $2,387,937 $6,274,195 $64,626,902 $-3,886,258
2019 $2,051,293 $1,668,815 $27,841,063 $382,478
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