Applied Science Center Excellence in Homeland Security Research

Nonprofit profile at a glance

EIN
205221726
IRS 990 coverage
2010–2014
Forms available
Form 990 2014
Location
Bethpage, NY, USA
Phone
6319693700
Rating confidence
Limited
Sector
Science and Technology Museums

Reported finances

Revenue
$-1,786,634
Expenses
$41,000
Assets
$18,703,484
Liabilities
$5,522,338

Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • WILLIAM WAHLIG (INTERIM PRESIDENT,SECRETARY AND TREASURER)

Highest reported compensation

  • WILLIAM WAHLIG (INTERIM PRESIDENT,SECRETARY AND TREASURER): $165,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The applied science center of innovation and excellence in homeland security research foundation corporation ("asfhs") is a not-for-profit organization whose purpose is to focus and accelerate the transfer of technology and ideas into market driven products and systems to solve key problems in protecting our society against a terrorist event while creating jobs in New York state.asfhs looks to create an environment for innovation by facilitating the convergence of research and technology in the public and private sectors of New York state on the issues facing the country and the state in the homeland security area. This will be accomplished by establishing an industry led center of innovation and excellence, which will function as both a central node of the innovation network and as a virtual location for linking research, development and testing assets with both users and enabling organizations and institutions.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 60
  • Accountability: 58
  • Sustainability: 38
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 90%; rating input score 90; 27th percentile among comparable filings
  • Governance controls: 1 of 8 controls in place; rating input score 12
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -102.3%; rating input score 16; 16th percentile among comparable filings
  • Total-asset coverage ratio: 456.18; rating input score 98; 98th percentile among comparable filings
  • Liabilities to assets ratio: 0.3; rating input score 16; 16th percentile among comparable filings
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -165% per year; rating input score 0; 6th percentile among comparable filings
  • Revenue growth: Limited
  • Asset growth: -6.3% per year; rating input score 0; 25th percentile among comparable filings

Details

  • Where the money goes: 100% of spending went to programs
  • Governance: 9 of 10 board members independent · 1 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $41K in reported program spending
  • Leadership: top reported pay $165K · 10 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 13 of 13 current checks pass
  • Schedules: 6 filed schedules · includes executive pay
  • Filing history: 5 filing years from 2010 to 2014
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Accountability: Governance controls: 6 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Operating margin scored 16/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 16/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.