Advanced Heliophysics
- Assets
- $14.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Monrovia, CA
- Founding
- 08/2014
- Data as of
- 12/2021
- EIN
- 46-2417232
Organization Overview
Advanced Heliophysics is located in Monrovia, CA. The organization was established in 2014. According to its NTEE Classification (U99) the organization is classified as: Science & Technology N.E.C., under the broad grouping of Science & Technology and related organizations. As of 12/2021, Advanced Heliophysics employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Advanced Heliophysics 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, Advanced Heliophysics generated $172.3k 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 (7.6%) each year. All expenses for the organization totaled $160.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
BASIC RESEARCH - HELIOPHYSICS AND THE IMPACT OF SOLAR PHENOMENA ON EARTH INSTRUMENTATION. WORK FUNDED THROUGH GRANTS/CONTRACTS AWARDED BY JET PROPULSION LABORATORY (JPL), PASADENA, THE US NATIONAL AERONAUTICS AND SPACE ADMINISTRATION (NASA), AND THE UNIVERSITY OF CALIFORNIA AT LOS ANGELES AND ACCOUNTED AS PROGRAM REVENUE. (ACCOUNTING IS ON CASH BASIS AND NO ADJUSTMENT HAS BEEN MADE FOR UNEARNED PROGRAM RECEIPTS)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Olga Panasenco President & CEO | 40 | $134,626 | |
Aram Panasenco Secretary | 4 | $0 | |
Keith Grogan Director | 4 | $0 | |
Marco Velli Director | 4 | $0 | |
Steven J Roy CFO | 8 | $0 | |
Daniel Winterhalter Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $172,262 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $172,262 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $145,078 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $12,330 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,230 |
| Total expenses | $160,638 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,527 |
| Other assets | $0 |
| Total assets | $14,627 |
| Total liabilities | $0 |
| Net assets or fund balances | $14,627 |
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