Ucar Exchange is located in Boulder, CO. The organization was established in 1987. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ucar Exchange 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, Ucar Exchange generated $409.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 29.5% each year . All expenses for the organization totaled $247.8k during the year ending 09/2021. While expenses have increased by 12.5% 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
PURSUE OPPORTUNITIES TO DEVELOP & LICENSE SCIENTIFIC & ENGINEERING ADVANCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT, PROMOTE AND LICENSE WHEN WARRANTED, SCIENTIFIC AND ENGINEERING RESULTS OF RESEARCH IN THE ATMOSPHERIC SCIENCES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Antonio Busalacchi Director/ucar President | OfficerTrustee | 1 | $0 |
Erika Smith Treasurer | Officer | 15 | $0 |
Steve Berens President And Chair | OfficerTrustee | 1 | $0 |
Michael Anderson General Counsel/secretary | Officer | 15 | $0 |
Carlos Cruz Abrams Director | Trustee | 1 | $0 |
Shuyi Chen Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Investment income | $861 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $251,275 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $157,280 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $409,416 |
Statement of Expenses | |
---|---|
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 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 | $0 |
Fees for services: Legal | $4,450 |
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 | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $70,382 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $195 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $247,753 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $950,574 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $75,000 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $111,343 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,136,917 |
Accounts payable and accrued expenses | $6,277 |
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 | $0 |
Total liabilities | $6,277 |
Net assets without donor restrictions | $1,130,640 |
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 |
Total liabilities and net assets/fund balances | $1,130,640 |