Cyberspace Innovation Center Incoporated
- Assets
- $14.3m
- Revenue
- $17.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Bossier City, LA
- Founding
- 03/2008
- Data as of
- 12/2021
- EIN
- 26-1131538
Organization Overview
Cyberspace Innovation Center Incoporated is located in Bossier City, LA. The organization was established in 2008. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cyberspace Innovation Center Incoporated 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 12/2021, Cyberspace Innovation Center Incoporated generated $17.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $15.5m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ENGAGE IN ACTIVITIES THAT PROMOTE, FACILITATE, ENCOURAGE, COORDINATE AND AID SCIENTIFIC INVESTIGATIONS, RESEARCH, EXPERIMENTS, STUDIES, EDUCATION, TRAINING AND ALLIED SUPPORTIVE SERVICES DIEDICATED TO THE DEVELOPMENT OF CYBERSPACE TECHNOLOGY, INCLUDING CYBERSPACE TO BE UTILIZED BY THE UNITED STATES AIR FORCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENGAGE IN ACTIVITIES THAT PROMOTE, FACILITATE, ENCOURAGE, COORDINATE AND AID SCIENTIFIC INVESTIGATIONS, RESEARCH, EXPERIMENTS, STUDIES, EDUCATION TRAINING AND ALLIED SUPPORTIVE SERVICES DEDICATED TO THE DEVELOPMENT OF CYBERSPACE TECHNOLOGY, INCLUDING CYBERSPACE TO BE UTILIZED BY THE UNITED STATES AIR FORCE FOR THE BENEFIT OF THE UNITED STATES AND THE GENERAL PUBLIC.
THE CIC HAS ENTERED INTO A MEMORANDUM OF UNDERSTANDING (MOU) WITH THE U.S. AIR FORCE TO FURTHER DEVELOP RELATIONSHIPS WITH STATE ENTITIES, ACADEMIA, AND REGIONAL BUSINESSES AND INDUSTRIES, AND TAP INTO THE TECHNOLOGY OF THE DEPARTMENT OF THE AIR FORCE. THE MOU IS ENTERED INTO PURSUANT TO THE AUTHORITY OF U.S.C. 3715 "USE OF PARTNERSHIP INTERMEDIARIES" (PIA). THIS AUTHORITY PERMITS DIRECTORS OF FEDERAL LABORATORIES, SUCH AS THOSE IN THE DEPARTMENT OF THE AIR FORCE, TO ENTER INTO MOU'S WITH PARTNERSHIP INTERMEDIARIES TO PERFORM SERVICES THAT INCREASE THE LIKELIHOOD OF SUCCESS IN THE CONDUCT OF COOPERATIVE OR JOINT ACTIVITIES OF SUCH FEDERAL LABORATORY WITH SMALL BUSINESS FIRMS, INSTITUTIONS OF HIGHER EDUCATION AND CERTAIN OTHER EDUCATIONAL INSTITUTIONS.
THE CIC HAS DEVELOPED A ROBUST ACADEMIC OUTREACH AND WORK FORCE DEVELOPMENT PROGRAM IN ORDER TO BUILD A SUSTAINABLE KNOWLEDGE-BASED WORKFORCE THAT CAN SUPPORT THE NEEDS OF GOVERNMENT, INDUSTRY AND ACADEMIA. THE MISSION IS TO FOSTER INTEGRATED CURRICULAR EXPERIENCES ACROSS MULTIPLE DISCIPLINES IN BOTH UNIVERSITY AND K-12 ENVIRONMENTS. OBJECTIVES INCLUDE: CREATE A CULTURE OF EDUCATIONAL INNOVATION ACROSS A NATIONAL NETWORK OF COLLEGE AND K-12 FACULTY; PROVIDE A FOCAL POINT FOR CONTINUED INTERDISCIPLINARY COLLABORATION IN SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS (STEM) EDUCATION REFORM; SERVE AS A CATALYST FOR FUTURE RESEARCH IN CYBER EDUCATION; DISSEMINATE INNOVATION BEST PRACTICES IN EDUCATION THROUGHOUT THE NATION; EMPHASIZE PROFESSIONAL DEVELOPMENT FOR K-12 TEACHERS; AND ENGAGE STUDENTS ACROSS PRIMARY (K-5), SECONDARY (6-12), AND POST-SECONDARY LEVELS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Craig Spohn President | Officer | 0 | $0 |
Ken Plummer Treasurer | Trustee | 0 | $0 |
Jay Arnold Director | Trustee | 0 | $0 |
Charles Glover Director | Trustee | 0 | $0 |
Gary Hubbard Chairman | Trustee | 0 | $0 |
James Kirk Armitage Director | Trustee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Broadmoor Consulting Llc Administrative | 12/30/21 | $6,162,175 |
The Difference A2c Llc Services | 12/30/21 | $404,250 |
Pelican Defense Technologies Services | 12/30/21 | $393,000 |
Plink Leadership Education Services | 12/30/21 | $369,290 |
Stelex Llc Services | 12/30/21 | $186,611 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $14,501,636 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,355,915 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,857,551 |
| Total Program Service Revenue | $0 |
| Investment income | $10,892 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,090,588 |
| 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 | $17,560,867 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $340,411 |
| Office expenses | $51,356 |
| Information technology | $321,632 |
| Royalties | $0 |
| Occupancy | $733,120 |
| Travel | $125,776 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $742,455 |
| Insurance | $834,551 |
| All other expenses | $968,079 |
| Total functional expenses | $15,501,260 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,787,377 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,283,755 |
| Accounts receivable, net | $62,156 |
| 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 | $134,908 |
| Net Land, buildings, and equipment | $5,063,300 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,331,496 |
| Accounts payable and accrued expenses | $556,982 |
| Grants payable | $0 |
| Deferred revenue | $210,442 |
| Tax-exempt bond liabilities | $0 |
| 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 | $767,424 |
| Net assets without donor restrictions | $13,564,072 |
| Net assets with donor restrictions | $0 |
| 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 | $14,331,496 |
Grants Awarded
Over the last fiscal year, Cyberspace Innovation Center Incoporated has awarded $43,182,222 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF BOSSIER CITY PURPOSE: ECONOMIC DEVELOPMENT | $21,591,111 |
BOSSIER PARISH POLICE JURY PURPOSE: ECONOMIC DEVELOPMENT | $21,591,111 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cyberspace Innovation Center Incoporated has recieved totaling $11.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $11 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Valley Baptist Legacy Foundation Harlingen, TX | $0 | $14,611,699 |
Scott & White Healthcare Foundation Dallas, TX | $180,193,020 | $21,935,084 |
Arkansas Childrens Foundation Little Rock, AR | $506,772,026 | $131,995,512 |
Parkland Foundation Dallas, TX | $33,444,460 | $13,500,351 |
Service Organization Of West Texas Lubbock, TX | $5,121,013 | $34,116,790 |
Service Organization Of North Texas Lubbock, TX | $2,347,817 | $21,268,111 |
Swla Center For Health Services Lake Charles, LA | $23,169,398 | $25,064,227 |
Service Organization Of The Piney Woods Lubbock, TX | $125,455 | $15,876,016 |
Cyberspace Innovation Center Incoporated Bossier City, LA | $14,331,496 | $17,560,867 |
Jackson Medical Mall Foundation Jackson, MS | $71,929,966 | $14,671,190 |
Christus Spohn Health System Development Foundation Corpus Christi, TX | $25,881,076 | $6,931,905 |
Our Lady Of The Lake Foundation Baton Rouge, LA | $22,619,327 | $9,390,002 |