K-State Olathe Innovation Campus Inc
- Assets
- $45.0m
- Revenue
- $10.2m
- Investments
- $10.5m
- Employees
- 0
- Location
- Olathe, KS
- Founding
- 01/2008
- Data as of
- 06/2022
- EIN
- 20-8737117
Organization Overview
K-State Olathe Innovation Campus Inc is located in Olathe, KS. The organization was established in 2008. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. K-State Olathe Innovation Campus Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, K-State Olathe Innovation Campus Inc generated $10.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $6.6m during the year ending 06/2022. While expenses have increased by 1.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
A PLACE OF ACADEMIC RESEARCH FOR ANIMAL HEALTH, PLANT SCIENCE,FOOD SAFETY AND SECURITY AND BIOENERGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE EXEMPT PURPOSE OF THIS ORGANIZATION IS TO DEVELOP, ADMINISTER AND OTHERWISE MANAGE THE EDUCATIONAL, RESEARCH AND SERVICE ACTIVITIES AT THE K-STATE OLATHE INNOVATION CAMPUS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacqueline Spears | OfficerTrustee | 20 | $231,421 |
Harry Williamson | 40 | $119,193 | |
Richard Linton | OfficerTrustee | 1 | $0 |
Cindy Bontrager | OfficerTrustee | 1 | $0 |
Chuck Taber | Trustee | 1 | $0 |
Ethan Erickson | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $9,781,419 |
| Investment income | $75,956 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $364,950 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,222,325 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $32,861 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,674,847 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $323,314 |
| Payroll taxes | $177,834 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $107,740 |
| Fees for services: Accounting | $28,580 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $351,091 |
| Advertising and promotion | $163,554 |
| Office expenses | $159,886 |
| Information technology | $38,354 |
| Royalties | $0 |
| Occupancy | $555,973 |
| Travel | $12,951 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | -$3,328 |
| Interest | $715,916 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $859,814 |
| Insurance | $50,388 |
| All other expenses | $0 |
| Total functional expenses | $6,632,946 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,911,893 |
| Savings and temporary cash investments | $233,140 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $583,717 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $28,951 |
| Net Land, buildings, and equipment | $25,691,958 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $10,507,256 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $92,270 |
| Total assets | $45,049,185 |
| Accounts payable and accrued expenses | $1,177,776 |
| Grants payable | $0 |
| Deferred revenue | $708,000 |
| Tax-exempt bond liabilities | $23,728,606 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $25,614,382 |
| Net assets without donor restrictions | $6,680,603 |
| Net assets with donor restrictions | $12,754,200 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $45,049,185 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Umkc Foundation Kansas City, MO | $70,681,044 | $43,162,989 |
St Louis Charter Schools St Louis, MO | $19,224,709 | $16,300,473 |
Washburn University Foundation Topeka, KS | $212,049,839 | $17,810,833 |
Linda Hall Library Trust Kansas City, MO | $201,287,634 | $7,552,380 |
Fort Hays State University Foundation Hays, KS | $117,134,366 | $18,921,024 |
University Of Northern Colorado Foundation Inc Greeley, CO | $134,921,327 | $19,470,249 |
Private Education-Employers Trust St Louis, MO | $386,613 | $11,502,248 |
Emporia State University Foundation Emporia, KS | $139,579,484 | $15,768,413 |
Colorado Mesa University Foundation Grand Junciton, CO | $51,533,089 | $12,141,497 |
Dsst Public Schools Foundation Denver, CO | $32,542,761 | $13,664,687 |
Colorado State University-Pueblo Foundation Pueblo, CO | $68,008,177 | $8,127,637 |
Pittsburg State University Foundation Inc Pittsburg, KS | $127,952,768 | $13,650,196 |