Defensewerx Inc
- Assets
- $32.3m
- Revenue
- $34.2m
- Investments
- $0.0
- Employees
- 84
- Location
- Niceville, FL
- Founding
- 02/2013
- Data as of
- 09/2021
- EIN
- 46-0684933
Organization Overview
Defensewerx Inc is located in Niceville, FL. The organization was established in 2013. According to its NTEE Classification (U40) the organization is classified as: Engineering & Technology, under the broad grouping of Science & Technology and related organizations. As of 09/2021, Defensewerx Inc employed 84 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Defensewerx 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 09/2021, Defensewerx Inc generated $34.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 38.0% each year . All expenses for the organization totaled $34.3m during the year ending 09/2021. While expenses have increased by 39.2% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
INNOVATIVE, COST-EFFECTIVE, TIMELY SCIENCE AND TECHNOLOGY SOLUTIONS FOR DEFENSE AND COMMERCIAL CUSTOMERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PIA - PARTNERSHIP INTERMEDIARY AGREEMENT THAT INCLUDES INNOVATION AND COLLABORATION, TECHNOLOGY TRANSFER, WORKFORCE DEVELOPMENT, AND NEUTRAL FACILITATION. FOR INNOVATION AND COLLABORATION SERVICES THE ORGANIZATION CREATES AND MAINTAINS INNOVATION AND COLLOBORATION ENVIRONMENTS THAT ENABLE CUSTOMERS TO EFFECTIVELY EXPAND THEIR SCIENTIFIC RESEARCH PROJECT'S PERFORMANCE. FOR TECHNOLOGY TRANSFER THE ORGANIZATION WORKS WITH GOVERNMENT, INDUSTRY AND ACADEMIA TO EXPLORE INNOVATIVE STRATEGIES FOR EFFECTIVELY TRANSFERRING GOVERNMENT LABORATORY SCIENTIFIC RESEARCH TECHNOLOGIES TO THE COMMERCIAL MARKETPLACE AND VICE VERSA. THE INSTITUTE HOSTS AND CONDUCTS FORUMS TO FACILITATE THE EXCHANGE OF TECHNOLOGY IDEAS BETWEEN GOVERMENT RESEARCHERS, COMMERCIAL ENTITIES AND ACADEMIC ENTITIES TO SHARE INFORMATION AND IDENTIFY POTENTIAL COMMERCIALIZATION OPPORUNITIES.FOR WORKFORCE DEVELOPMENT THE ORGANIZATION SEEKS TO SUPPORT EDUCATION OPPORTUNITIES TO THE CURRENT WORKFORCE TO ENHANCE OR EXPAND THEIR SKILL SETS IN A VARIETY OF BOTH TRADITIONAL AND NON-TRADITIONAL METHODS. THESE APPROACHES MAY RANGE FROM CLASSROOM STYLE FUNCTIONAL TRAINING, TO LEADERSHIP SEMINARS, TO CREATIVE WORKSHOPS OR GUEST LECTURERS. DI ALSO WORKS WITH THE AIR FORCE RESEARCH LABORATORY, OKALOOSA COUNTY SCHOOL DISTRICT, NORTHWEST FLORIDA STATE UNIVERSITY, UNIVERSITY OF WEST FLORIDA, FLORIDA STATE UNIVERSITY, AND UNIVERSITY OF FLORIDA TO EXPOSE YOUNG STUDENTS TO HIGH-CALIBER SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS (STEM) LEARNING OPPORTUNITIES.
SOCOM - SPECIAL OPERATIONS COMMAND LOCATED IN TAMPA, FL AT MCDILL AIR FORCE BASE. THE DEPARTMENT OF DEFENSE (DOD) ACTIVATED U.S. SPECIAL OPERATIONS COMMAND (USSOCOM) ON APRIL 16, 1987, AT MACDILL AIR FORCE BASE, FLA. DOD CREATED THE NEW UNIFIED COMMAND IN RESPONSE TO CONGRESSIONAL ACTION IN THE GOLDWATER-NICHOLS DEFENSE REORGANIZATION ACT OF 1986 AND THE NUNN-COHEN AMENDMENT TO THE NATIONAL DEFENSE AUTHORIZATION ACT OF 1987. CONGRESS MANDATED A NEW FOUR-STAR COMMAND BE ACTIVATED TO PREPARE SPECIAL OPERATIONS FORCES (SOF) TO CARRY OUT ASSIGNED MISSIONS AND, IF DIRECTED BY THE PRESIDENT OR SECRETARY OF DEFENSE (SECDEF), TO PLAN FOR AND CONDUCT SPECIAL OPERATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Liesveld Executive Director | Officer | 40 | $159,767 |
Michael Grey Director | OfficerTrustee | 0.4 | $0 |
Bernard Johnson Secretary And Treasurer | Officer | 0.4 | $0 |
David Hahn Director | Trustee | 0.4 | $0 |
David Lambert Director - Dod Liaison | Trustee | 0.4 | $0 |
Steve Millaway Director | Trustee | 0.4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $34,137,136 |
| All other contributions, gifts, grants, and similar amounts not included above | $82,944 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,220,080 |
| Total Program Service Revenue | $0 |
| Investment income | $44 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $34,230,924 |
| 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 | $4,551,743 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,266,869 |
| 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 | $16,975,270 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $133,189 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $34,348,315 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,747,664 |
| Savings and temporary cash investments | $223,687 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,890,439 |
| 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 | $57,116 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $407,413 |
| Total assets | $32,326,319 |
| Accounts payable and accrued expenses | $547,786 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $31,423,640 |
| Total liabilities | $31,971,426 |
| Net assets without donor restrictions | $338,839 |
| Net assets with donor restrictions | $16,054 |
| 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 | $32,326,319 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Defensewerx Inc has recieved totaling $12.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $12 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Defensewerx Inc Niceville, FL | $32,326,319 | $34,230,924 |
Technical Association Of The Pulp & Paper Industry Inc Peachtree Corners, GA | $27,342,893 | $7,884,355 |
Laser Institute Of America Orlando, FL | $997,824 | $1,877,900 |
Georgiafirst Robotics Inc Cumming, GA | $615,858 | $592,170 |
Association For Financial Technology Atlanta, GA | $778,884 | $667,762 |
Forest Products Society Lagrange, GA | $2,002,055 | $523,999 |
Intelligent Robotics Inc Tallahassee, FL | $13,328 | $0 |
Tread Rubber And Tire Repair Materials Manufacturers Group Ringgold, GA | $169,853 | $0 |
Johnson Stem Activity Center Inc Atlanta, GA | $63,405 | $127,465 |
Institute For Adaptive Optics In Human Vision Miami Beach, FL | $286 | $64,634 |
Wielenga Innovation Foundation Inc Hollywood, FL | $629,860 | $13,843 |
Society Of American Military Engineers Mobile, AL | $505,455 | $142,685 |