Simplar Foundation
- Assets
- $482.9k
- Revenue
- $267.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Tempe, AZ
- Founding
- 11/2018
- Data as of
- 12/2023
- EIN
- 82-4477408
Organization Overview
Simplar Foundation is located in Tempe, AZ. The organization was established in 2018. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Simplar Foundation 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 12/2023, Simplar Foundation generated $267.3k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $416.7k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PRODUCE MEANINGFUL RESEARCH FINDINGS THAT ARE USABLE BY AS MANY PEOPLE AS POSSBILE TO HELP BRING POSITIVE AND LASTING IMPROVEMENT IN ORGANIZATIONAL EFFICIENCY AND COMPLEX SUPPLY CHAINS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023 THE FOUNDATION FUNDED 2 RESEARCH PROJECTS TO DR. STEVEN CALL AT WASHINGTON STATE UNIVERSITY FOR A TOTAL AMOUNT OF $35,000, BOTH FOR IFMA RELATED RESEARCH (SEE 2ND PARAGRAPH). THE FOUNDATION FUNDED 3 RESEARCH PROJECTS WITH DR. BRIAN LINES AT THE UNIVERSITY OF KANSAS A TOTAL FUNDED VALUE OF $105,000. IN CONNECTION WITH THE INTERNATIONAL FACILITIES MANAGEMENT ASSOCIATION'S RESEARCH AND BENCHMARKING INSTITUTE, THE FOUNDATION CONDUCTED 12 WEBINARS, REACHING APPROXIMATELY 270 PEOPLE. THE WEBINARS WERE ON A VARIETY OF INDUSTRY BEST PRACTICES DEVELOPED FROM PAST AND CURRENT RESEARCH. ON-GOING RESEARCH WITH IFMA IN 2023 INCLUDING BENCHMARKING HEALTHCARE FACILITY OPERATIONS & MAINTENANCE, THE STATE OF WOMEN IN FACILITY MANAGEMENT: A ROADMAP TO FUTURE EFFORTS, THE STATE OF US MILITARY VETERANS IN FACILITY MANAGEMENT, SUCCESSION PLANNING IN FM, AND UPDATES TO RESOURCE ADVANTAGE PLATFORM AND O&M BENCHMARKS: INDEX.IN CONNECTION WITH THE CENTER FOR PROCUREMENT EXCELLENCE (501C6), THE FOUNDATION ASSISTED WITH 5 MULTI-DAY PROCUREMENT/RFP TRAINING COURSES. EACH EVENT INCLUDED 4 SESSIONS WITH A TOTAL CONTACT HOURS OF 9, REACHING APPROXIMATELY 490 PEOPLE. THESE CLASSES WERE PROVIDED THROUGH ANOTHER NPO, THE NATIONAL ASSOCIATION OF STATE PROCUREMENT OFFICIALS (NASPO). TWELVE MONTHLY WEBINARS, "ASK THE RFP DOCTOR", WERE ALSO COMPLETED DURING THE YEAR WITH OVER 650 TOTAL ATTENDEES. MORE BROADLY, THE RESEARCHERS/RESEARCH TEAM PRESENTED AT MORE THAN 75 PRESENTATIONS REACHING 3000+ PEOPLE AT VARIOUS CONFERENCES, MEETINGS, AND EVENTS.THE FOUNDATION PRODUCED 52 BLOGS ON THE BUSINESS OF CONSTRUCTION WITH AN INDUSTRY REACH ESTIMATED AT OVER 25,000 PROFESSIONALS EACH WEEK AND WAS AVAILABLE ON THE FOUNDATION WEBSITE. THE BLOGS HAVE BEEN SHARED AND REPOSTED BY VARIOUS OTHER ORGANIZATIONS AND COMPANIES IN THE CONSTRUCTION INDUSTRY, INCLUDING SURETIES, PROFESSIONAL ENGINEERING AND ARCHITECTURE AND CONTRACTOR/BUILDER COMPANIES AND INDUSTRY GROUPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Stone President | OfficerTrustee | 1 | $0 |
Kenneth Sullivan Treasurer | OfficerTrustee | 1 | $0 |
Jake Smithwick Secretary | OfficerTrustee | 1.5 | $0 |
Brian Lines Director | Trustee | 1 | $0 |
Kevin Sell Director | Trustee | 1 | $0 |
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 | $253,525 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $253,525 |
| Total Program Service Revenue | $0 |
| Investment income | $9,811 |
| 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 | $267,336 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $167,512 |
| Grants and other assistance to domestic individuals. | $8,000 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $800 |
| 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 | $125,074 |
| Advertising and promotion | $1,607 |
| Office expenses | $7,603 |
| Information technology | $5,258 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $89,230 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $650 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,049 |
| All other expenses | $0 |
| Total functional expenses | $416,672 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,545 |
| Savings and temporary cash investments | $402,478 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $28,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $16,600 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $288 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $482,911 |
| Accounts payable and accrued expenses | $1,633 |
| 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 | $1,633 |
| Net assets without donor restrictions | $481,278 |
| 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 | $482,911 |
Grants Awarded
Over the last fiscal year, Simplar Foundation has awarded $167,512 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF KANSAS CENTER FOR RESEARCH INC PURPOSE: RESEARCH GRANT | $96,512 |
WASHINGTON STATE UNIVERSITY PURPOSE: RESEARCH GRANT | $71,000 |