Uplands Science & Technology Foundation

Legal name: Uplands Science & Technology Foundation Inc

Nonprofit profile at a glance

EIN
882004508
IRS 990 coverage
2023–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Odon, IN, US
Phone
812.227.6735
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Support N.E.C.

Official website

Reported finances

Revenue
$30,000
Expenses
$260,732
Assets
$254,655
Liabilities
$40,831

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • BRYANT NIEHOFF (CEO)

Highest reported compensation

  • BRYANT NIEHOFF (CEO): $162,500 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To support the vitality of WestGate@Crane Technology Park by facilitating its transformation into an innovation community, leading its development strategy, managing real estate assets, driving new activities and attracting firms and talent in emerging technology areas like microelectronics, artificial intelligence, and hypersonics, and creating a unique regional hub.

What it reported doing in 2024

During 2024, ustf assisted Indiana counties daviess, martin and greene by supporting infrastructure investments within the technology park. Ustf helped secure approx. $3m in eda funding in partnership with sidc for expanded water capacity at westgate, helped secure approximately $5 million in funding from the federal government for the recreation and readiness initiative for a new regional park within the technology park while also protecting fringe areas of nsa crane, partnered with regional opportunity initiatives, inc. To secure preliminary approval for $5m in funding for westgate@crane infrastructure, supported execution of new gateway signage within the park, and worked with daviess county, the westgate authority, and private developers on implementing ccrs and development standards in the park.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 79
  • Accountability: 79
  • Sustainability: 12
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 57.9%; rating input score 58
  • Fundraising efficiency: $0.67 raised per $1 spent on fundraising; rating input score 13; 13th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -769.1%; rating input score 6; 6th percentile among comparable filings
  • Total-asset coverage ratio: 0.98; rating input score 24; 24th percentile among comparable filings
  • Liabilities to assets ratio: 0.16; rating input score 16; 16th percentile among comparable filings
  • Officer compensation ratio: 62.3%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: 79% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: -180.4% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: -55.2% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • What they do: 4 operating locations identified
  • Where the money goes: 100% of revenue deployed · 57.9% of spending went to programs
  • Governance: 14 of 14 board members independent · 4 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $151K in reported program spending
  • Leadership: top reported pay $162K · 15 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 24 of 24 current checks pass
  • Schedules: 4 filed schedules · includes major donors and executive pay
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • Review — Financial Efficiency: Program expense ratio scored 58/100.
  • High — Financial Efficiency: Fundraising efficiency scored 13/100.
  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • High — Sustainability: Operating margin scored 6/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 24/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.
  • High — Sustainability: Liabilities to assets ratio scored 16/100.