UPLANDS SCIENCE & TECHNOLOGY FOUND… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2022

Legal Domicile

Principal Officer

BRYANT NIEHOFF

Phone

8122592177

Tax Period

2024-01-01 to 2024-12-31

UPLANDS SCIENCE & TECHNOLOGY FOUNDATION INC, founded in 2022, is a micro nonprofit in the Science & Technology sector that reported $30K in total revenue in fiscal year 2024. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $261K exceeded revenue, resulting in a 769% operating deficit.

Mission

THE UPLANDS SCIENCE & TECHNOLOGY FOUNDATION IS A 501(C)(3) NONPROFIT RESEARCH FOUNDATION WHOSE MISSION IS TO SUPPORT THE VITALITY OF THE WESTGATE@CRANE TECHNOLOGY PARK. THE BOARD IS ASSISTED BY ADVISORS FROM NSWC CRANE AND VARIOUS REGIONAL, STATE, AND NATIONAL PARTNERS TO ENSURE CROSS-SECTOR ALIGNMENT, STRONG COMMUNICATION, AND THE DEPLOYMENT OF BEST PRACTICES IN TECHNOLOGY PARK DEVELOPMENT.USTF'S PRIMARY PURPOSE IS TO:- FACILITATE THE TRANSFORMATION OF WESTGATE INTO AN INNOVATION COMMUNITY,- LEAD THE TECHNOLOGY PARK'S DEVELOPMENT STRATEGY BY MANAGING AND COORDINATING THE PARK'S REAL ESTATE ASSETS AND DEVELOPMENT PROCESS,- DRIVE NEW ACTIVITIES AND ATTRACT NEW FIRMS AND TALENT IN EMERGING TECHNOLOGY AREAS LIKE MICROELECTRONICS, ARTIFICIAL INTELLIGENCE, AND HYPERSONICS, AND- CREATE A UNIQUE REGIONAL HUB WITH A DISTINCTIVE SENSE OF PLACE.

Program Service Accomplishments

Program 1

Expenses: $151,055

DURING 2024, USTF ASSISTED INDIANA COUNTIES DAVIESS, MARTIN AND GREENE BY SUPPORTING INFRASTRUCTURE INVESTMENTS WITHIN THE TECHNOLOGY PARK. USTF HELPED SECURE APPROX. $3M IN EDA FUNDING IN...

DURING 2024, USTF ASSISTED INDIANA COUNTIES DAVIESS, MARTIN AND GREENE BY SUPPORTING INFRASTRUCTURE INVESTMENTS WITHIN THE TECHNOLOGY PARK. USTF HELPED SECURE APPROX. $3M IN EDA FUNDING IN PARTNERSHIP WITH SIDC FOR EXPANDED WATER CAPACITY AT WESTGATE, HELPED SECURE APPROXIMATELY $5 MILLION IN FUNDING FROM THE FEDERAL GOVERNMENT FOR THE RECREATION AND READINESS INITIATIVE FOR A NEW REGIONAL PARK WITHIN THE TECHNOLOGY PARK WHILE ALSO PROTECTING FRINGE AREAS OF NSA CRANE, PARTNERED WITH REGIONAL OPPORTUNITY INITIATIVES, INC. TO SECURE PRELIMINARY APPROVAL FOR $5M IN FUNDING FOR WESTGATE@CRANE INFRASTRUCTURE, SUPPORTED EXECUTION OF NEW GATEWAY SIGNAGE WITHIN THE PARK, AND WORKED WITH DAVIESS COUNTY, THE WESTGATE AUTHORITY, AND PRIVATE DEVELOPERS ON IMPLEMENTING CCRS AND DEVELOPMENT STANDARDS IN THE PARK.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $30,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $30,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $174,213

Fundraising Expenses $44,693

Program Expenses $151,055

Other Expenses $86,519

TOTAL EXPENSES $260,732

Year-over-Year Comparison

	2024	2023	Change
Revenue	$30,000	$582,727	-0.9%
Expenses	$260,732	$138,171	+0.9%
Net Income	$-230,732	$444,556	-1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$162,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BILL KAISER	DIRECTOR	1.00	Director	$0	$0	$0
BOB GREWE	DIRECTOR	1.00	Director	$0	$0	$0
BRIANNE JERRELLS	DIRECTOR	1.00	Director	$0	$0	$0
DAVE ROBERTS	DIRECTOR	1.00	Director	$0	$0	$0
DEVIN HILLSDON-SMITH	DIRECTOR	1.00	Director	$0	$0	$0
JACKIE KERBY MOORE	DIRECTOR	1.00	Director	$0	$0	$0
JESSICA POTTS	DIRECTOR	1.00	Director	$0	$0	$0
JOHN MENSCH	DIRECTOR	1.00	Director	$0	$0	$0
MARK LEWIS	DIRECTOR	1.00	Director	$0	$0	$0
MATT MEREDITH	DIRECTOR	1.00	Director	$0	$0	$0
RUSS MUMPER	DIRECTOR	1.00	Director	$0	$0	$0
TINA PETERSON	CHAIR	1.00	Officer Director	$0	$0	$0
JEFF QUYLE	TREASURER	1.00	Officer Director	$0	$0	$0
KEVIN BYRNE	SECRETARY	1.00	Officer Director	$0	$0	$0
BRYANT NIEHOFF	CEO	40.00	Officer	$150,000	$12,500	$162,500

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	$30,000	$260,732	$254,655	$-230,732
2023	$582,727	$138,171	$448,670	$444,556

UPLANDS SCIENCE & TECHNOLOGY FOUNDATION INC