Training And Simulation Technology Consortium Inc
- Assets
- $539.5k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 3
- Location
- Orlando, FL
- Founding
- 12/1994
- Data as of
- 12/2021
- EIN
- 59-3239132
Organization Overview
Training And Simulation Technology Consortium Inc, operating under the name National Center For Simulation, is located in Orlando, FL. The organization was established in 1994. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2021, National Center For Simulation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Center For Simulation 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, National Center For Simulation generated $1.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $931.9k during the year ending 12/2021. While expenses have increased by 1.9% per year over the past 7 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
TO LESSEN THE BURDENS OF GOVENMENT BY ASSISTING THE U.S. GOVERNMENT IN FULFILLING ITS GOALS OF PROMPT AND VIGOROUS IMPLEMENTATION OF DEFENSE CONVERSION, REINVESTMENT AND TRANSITION ASSISTANCE AS CONTEMPLATED IN THE DEFENSE CONVERSION, REINVESTMENT AND TRANSITION ASSISTANCE ACT OF 1992.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION- SUPPORT EDUCATION AT ALL LEVELS IN SIMULATION TECHNOLOGY THROUGH EDUCATIONAL PROGRAMS, TEACHER AND STUDENT SUPPORT INITIATIVES, AND SCHOLARSHIP ASSISTANCE. SUPPORT EDUCATION ABOUT SIMULATION TECHNOLOGY TO INFORM THE GENERAL PUBLIC AND SERVE AS AN INFORMATION LINK AND RESOURCE FOR SIMULATION PROFESSIONALS IN GOVERNMENT, INDUSTRY, AND ACADEMIA. PROVIDE OUTREACH THROUGH SHARING OF SIMULATION EVENTS, INFORMATION, AND RESEARCH.
TECHNOLOGY BUSINESS SUPPORT- SIMULATION COMMUNITY DEVELOPMENT AND SUPPORT THROUGH TECHNOLOGY APPLICATIONS AND INFORMATION THAT EXPAND THE USE OF SIMULATION FROM MILITARY TO EDUCATION AND INDUSTRY. SUPPORT MODELING, SIMULATION AND TRAINING INDUSTRY WORKFORCE EDUCATION AND DEVELOPMENT.
TECHNOLOGY TRANSFER- PROMOTE DUAL USE TECHNOLOGIES; THE SPIN- OFF OF MILITARY TECHNOLOGIES AND CAPABILITIES IN MODELING, SIMULATION AND TRAINING INTO OTHER USEFUL APPLICATIONS AND THE SPIN-ON OF COMMERCIAL DIGITAL MEDIA, ENTERTAINMENT, AND RELATED TECHNOLOGY APPLICATIONS INTO THE MILITARY. BRIDGE THE GAP BETWEEN MILITARY AND COMMERCIAL SIMULATION TECHNOLOGIES, INCLUDING EXPANDING USES OF AND CAPABILITIES IN DISTRIBUTED LEARNING ENVIRONMENTS.
OTHER PROGRAMS INCLUDES, MARKETING, MEMBERSHIP, SCHOLARSHIPS, ETC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Cheros Chief Executive Ofc | Officer | 40 | $205,000 |
Dr Neal Finkelstein Chief Operating Officer | Officer | 40 | $150,100 |
Mary Trier Chair | OfficerTrustee | 2 | $0 |
Janet Spruill Secretary | OfficerTrustee | 2 | $0 |
Theresa Kohl Co-Chair | OfficerTrustee | 2 | $0 |
John Givens Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $85,679 |
| Fundraising events | $3,385 |
| 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 | $89,064 |
| Total Program Service Revenue | $882,442 |
| Investment income | $8 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $30,357 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,001,871 |
| 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. | $325,405 |
| Compensation of current officers, directors, key employees. | $81,351 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $70,105 |
| Pension plan accruals and contributions | $15,242 |
| Other employee benefits | $41,604 |
| Payroll taxes | $28,531 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,262 |
| Fees for services: Accounting | $71,445 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,902 |
| Office expenses | $15,193 |
| Information technology | $8,956 |
| Royalties | $0 |
| Occupancy | $6,390 |
| Travel | $6,096 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $105,717 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $665 |
| Insurance | $4,401 |
| All other expenses | $1,275 |
| Total functional expenses | $931,914 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $175,589 |
| Savings and temporary cash investments | $71,287 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $159,262 |
| 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 | $128,573 |
| Net Land, buildings, and equipment | $4,780 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $539,491 |
| Accounts payable and accrued expenses | $51,623 |
| Grants payable | $0 |
| Deferred revenue | $145,992 |
| 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 | $197,615 |
| Net assets without donor restrictions | $236,847 |
| Net assets with donor restrictions | $105,029 |
| 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 | $539,491 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Training And Simulation Technology Consortium Inc has recieved totaling $6,500.
| Awarding Organization | Amount |
|---|---|
National Defense Industrial Association Arlington, VA PURPOSE: DONATION | $6,500 |
Peer Organizations
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|---|---|---|
Jaeb Center For Health Research Inc Tampa, FL | $6,686,378 | $30,945,662 |
Sterling Co Gadsden, AL | $10,506,531 | $30,737,112 |
Operation Hope Inc Atlanta, GA | $42,513,861 | $45,427,739 |
Academy For Classical Education Inc Macon, GA | $50,470,204 | $22,703,116 |
Big Bend Hospice Inc Tallahassee, FL | $18,913,144 | $24,736,579 |
Second Wind Programs Inc Birmingham, AL | $5,585,002 | $12,560,505 |
New Mission Systems Inc Ft Myers, FL | $7,483,097 | $11,126,012 |
Deerwood Country Club Inc Jacksonville, FL | $10,155,508 | $6,981,612 |
Archbold Expeditions Inc Venus, FL | $92,397,695 | $5,182,964 |
Reach Up Inc Tampa, FL | $1,690,303 | $4,995,945 |
Reading Edge Academy Inc Debary, FL | $6,200,470 | $4,846,330 |
Deus Spes Mea Foundation Inc Miami, FL | $23,770,835 | $1,843,877 |