Stephenson Technologies Corporation
- Assets
- $6.3m
- Revenue
- $14.5m
- Investments
- $0.0
- Employees
- 42
- Location
- Baton Rouge, LA
- Founding
- 03/2016
- Data as of
- 06/2021
- EIN
- 47-3997182
Organization Overview
Stephenson Technologies Corporation is located in Baton Rouge, LA. The organization was established in 2016. 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 06/2021, Stephenson Technologies Corporation employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stephenson Technologies Corporation 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 06/2021, Stephenson Technologies Corporation generated $14.5m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 44.0% each year . All expenses for the organization totaled $11.4m during the year ending 06/2021. While expenses have increased by 43.5% per year over the past 4 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
PROFESSIONAL SERVICES FIRM OPERATING FOR SCIENTIFIC AND EDUCATIONAL PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STEPHENSON TECHNOLOGIES CORPORATION (THE CORPORATION) UNDERTAKES SCIENTIFIC RESEARCH AND DEVELOPMENT ACTIVITIES FOR THE GOVERNMENTS OF THE UNITED STATES OF AMERICA, THE STATE OF LOUISIANA, AND/OR ANY OTHER STATE, AND POLITICAL SUBDIVISIONS, AGENCIES, AND INSTRUMENTALITIES OF FEDERAL, STATE OR LOCAL GOVERNMENT. THE CORPORATION ALSO UNDERTAKES EDUCATIONAL AND OTHER ACTIVITIES TO PROMOTE THE USE OF THE BENEFITS OF SCIENTIFIC RESEARCH AND DEVELOPMENT BY THE AMERICAN INDUSTRIAL BASE.THE CORPORATION HAS MANAGED THE PERFORMANCE OF PRIME CONTRACTS, GRANTS AND COOPERATIVE AGREEMENTS OR PERFORM SUBCONTRACTS PRIMARILY TO ASSIST THE FEDERAL GOVERNMENT IN ADDRESSING ISSUES, PARTICULARLY THOSE REQUIRING SCIENTIFIC AND TECHNICAL EXPERTISE. AS A NONPROFIT MEMBER OF THE PROFESSIONAL SERVICES INDUSTRY, THE CORPORATION PROVIDES PROFESSIONAL SERVICES PRIMARILY TO THE FEDERAL GOVERNMENT'S DOD AND OHS. THE CORPORATION'S PROFESSIONAL SERVICES INCLUDE, BUT ARE NOT LIMITED TO, RESEARCH AND DEVELOPMENT, TEST AND EVALUATION, OPERATIONS AND MAINTENANCE, SCIENTIFIC, ENGINEERING, LOGISTICS, ENVIRONMENTAL, INFORMATION TECHNOLOGY, AND CONSULTING SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Tomasko Executive Director | Officer | 40 | $368,263 |
John Pursley Vice Chair, Treasurer & CFO | OfficerTrustee | 40 | $286,708 |
Matthew Schmouder Chief Enterprise Architect | 40 | $194,356 | |
Jeffrey Moulton Chair, President & CEO | OfficerTrustee | 14.5 | $175,758 |
Timothy Cole Systems Engineer | 40 | $171,592 | |
Cherie Roberson Senior Information Security Assessor | 40 | $162,391 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kenneth Wayne Sweltz Consulting Services | 6/29/18 | $268,325 |
Lick Run Consulting Llc Consulting Services | 6/29/18 | $150,583 |
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 | $14,463,727 |
| Investment income | $442 |
| 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 | $14,464,169 |
| 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. | $1,092,600 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,200,770 |
| Pension plan accruals and contributions | $707,599 |
| Other employee benefits | $376,033 |
| Payroll taxes | $382,887 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $145,448 |
| Fees for services: Accounting | $212,070 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,313,164 |
| Advertising and promotion | $0 |
| Office expenses | $101,137 |
| Information technology | $746 |
| Royalties | $0 |
| Occupancy | $128,708 |
| Travel | $261,481 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $50,287 |
| Interest | $2,522 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $17,670 |
| All other expenses | $427,536 |
| Total functional expenses | $11,431,208 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,120,030 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,977,857 |
| 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 | $219,254 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,317,141 |
| Accounts payable and accrued expenses | $1,099,580 |
| Grants payable | $0 |
| Deferred revenue | $166,287 |
| 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 | $1,265,867 |
| Net assets without donor restrictions | $5,051,274 |
| 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 | $6,317,141 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Houston Advanced Research Center The Woodlands, TX | $1,028,112 | $5,176,623 |
Stephenson Technologies Corporation Baton Rouge, LA | $6,317,141 | $14,464,169 |
Stephenson Stellar Corporation Baton Rouge, LA | $3,925,054 | $6,640,375 |
Louisiana Tech Applied Research Corporation Ruston, LA | $1,959,252 | $1,931,207 |
Alek Kavcic Foundation Austin, TX | $781,603 | $1,590,385 |
Brink Technology Inc Austin, TX | $3,996,292 | $4,459,224 |
Institute For Technology Development Inc Ridgeland, MS | $6,276,859 | $293,939 |
Youth Code Jam San Antonio San Antonio, TX | $236,927 | $371,939 |
Center For Maximum Potential Building Systems Inc Austin, TX | $946,793 | $448,420 |
Business Technology Association Southeast Baton Rouge, LA | $797,169 | $283,032 |
Technology Student Association Carthage, TX | $994,243 | $360,844 |
International Conference On Computer Aided Verification Inc Austin, TX | $251,224 | $0 |