Coalition For Academic Scientific Computation Inc
- Assets
- $715.2k
- Revenue
- $298.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 05/1993
- Data as of
- 06/2022
- EIN
- 31-1323022
Organization Overview
Coalition For Academic Scientific Computation Inc, operating under the name Casc, is located in Washington, DC. The organization was established in 1993. According to its NTEE Classification (U41) the organization is classified as: Computer Science, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Casc 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, Casc generated $298.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $176.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (9.2%) per year over the past 7 years. 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
ADVOCATES THE USE OF THE MOST ADVANCED COMPUTING TECHNOLOGY TO ACCELERATE SCIENTIFIC DISCOVERY FOR NATIONAL COMPETITIVENESS, GLOBAL SECURITY, AND ECONOMIC SUCCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHARED IDEAS AND EXPERIENCES IN THE DEVELOPMENT AND OPERATION OF PUBLIC FUNDED HIGH PERFORMANCE COMPUTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wayne Figurelle Chair | OfficerTrustee | 2 | $0 |
Jim Wilgenbusch Vice-Chair | OfficerTrustee | 2 | $0 |
Jennifer Schopf Secretary | OfficerTrustee | 1 | $0 |
David L Hart Treasurer | OfficerTrustee | 2 | $0 |
Sharon Broude Geva Past Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $191,000 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $106,494 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $297,494 |
| Total Program Service Revenue | $0 |
| Investment income | $596 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$8 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $298,082 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,000 |
| 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 | $10,988 |
| Fees for services: Legal | $1,260 |
| Fees for services: Accounting | $10,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $464 |
| Fees for services: Other | $0 |
| Advertising and promotion | $20,337 |
| Office expenses | $6,709 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $103,971 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $2,500 |
| Total functional expenses | $176,543 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $374,326 |
| Savings and temporary cash investments | $110,232 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,000 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $228,600 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $715,158 |
| Accounts payable and accrued expenses | $15,806 |
| Grants payable | $0 |
| Deferred revenue | $115,000 |
| 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 | $130,806 |
| Net assets without donor restrictions | $474,149 |
| Net assets with donor restrictions | $110,203 |
| 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 | $715,158 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Virginia Innovation Partnership Corporation Herndon, VA | $80,085,835 | $76,061,606 |
Association For The Advancement Of Artificial Intelligence Washington, DC | $19,385,955 | $5,665,964 |
Corporation For National Research Initiatives Reston, VA | $8,623,101 | $3,063,779 |
National Information Standards Organization Z39 Baltimore, MD | $521,877 | $1,172,715 |
Software Education Foundation Washington, DC | $3,747,307 | $224,471 |
Csra Inc Veba Tr Reston, VA | $2,257,065 | $668,158 |
Standard Performance Evaluation Corporation Gainesville, VA | $3,321,624 | $829,986 |
Mid-Atlantic Research Infrastructure Alliance Blacksburg, VA | $1,655,387 | $558,133 |
World Information Technology And Services Alliance Fairfax, VA | $97,179 | $57,997 |
Us Technology Leadership Council Alexandria, VA | $119,120 | $235,609 |
Institute For The Analysis Of Global Security Gaithersburg, MD | $49,854 | $0 |
Coalition For Academic Scientific Computation Inc Washington, DC | $715,158 | $298,082 |