2024-05-01T12:35:59-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 901 N GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2022-07-01 473997182 STEPHENSON TECHNOLOGIES CORPORATION STEP 2253323919 1200 BRICKYARD LANE 200 BATON ROUGE LA 70802 JAMES OLSON PRESIDENT 2253323919 2024-04-29 1 JAMES OLSON XXX-XX-XXXX 0 ROBERT WILLIAMS P01345960 5712279500 2024-04-29 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JAMES OLSON 1200 BRICKYARD LANE 200 BATON ROUGE LA 70802 4961363 0 X WWW.STEPHENSONTECHNOLOGIES.ORG X 2015 LA PROFESSIONAL SERVICES FIRM OPERATING FOR SCIENTIFIC AND EDUCATIONAL PURPOSES. 1 0 34 6 0 0 0 0 13311133 4956131 0 5232 0 0 13311133 4961363 0 0 0 0 10541256 4523410 0 0 0 2728197 1525191 13269453 6048601 41680 -1087238 6150468 4722385 1557514 1216669 4592954 3505716 X STEPHENSON TECHNOLOGIES CORPORATION (STC), A NONPROFIT ORGANIZATION, SERVES AS A NATIONAL RESOURCE COMMITTED TO THE INDUSTRIAL BASE, ACHIEVING WORLD-CLASS AGILITY AND COMPETITIVENESS.THROUGH ONGOING RELATIONSHIPS WITH ACADEMIA, GOVERNMENT AND INDUSTRY, STC EXECUTES RESEARCH, DEVELOPMENT, DEPLOYMENT, TRAINING AND EDUCATION ACTIVITIES IN THE SOLUTIONS OF PROBLEMS FOR A BROAD RANGE OF CLIENTS. STC IS COMPRISED OF PROFESSIONAL STAFF HAVING THE REQUISITE EXPERIENCE, KNOWLEDGE AND RESOURCES TO RAPIDLY AND EFFECTIVELY TRANSITION SCIENCE AND TECHNOLOGY APPLICATIONS. 0 0 5108181 4956131 STEPHENSON TECHNOLOGIES CORPORATION (THE CORPORATION) UNDERTAKES SCIENTIFIC RESEARCH AND DEVELOPMENT ACTIVITIES FOR THE GOVERNMENTS OF THE UNITED STATES OF AMERICA, THE STATE OF LOUISIANA, AND/OR ANY OTHER STATE, AND POLITICAL SUBDIVISIONS, AGENCIES, AND INSTRUMENTALITIES OF FEDERAL, STATE OR LOCAL GOVERNMENT. THE CORPORATION ALSO UNDERTAKES EDUCATIONAL AND OTHER ACTIVITIES TO PROMOTE THE USE OF THE BENEFITS OF SCIENTIFIC RESEARCH AND DEVELOPMENT BY THE AMERICAN INDUSTRIAL BASE.THE CORPORATION HAS MANAGED THE PERFORMANCE OF PRIME CONTRACTS, GRANTS AND COOPERATIVE AGREEMENTS OR PERFORM SUBCONTRACTS PRIMARILY TO ASSIST THE FEDERAL GOVERNMENT IN ADDRESSING ISSUES, PARTICULARLY THOSE REQUIRING SCIENTIFIC AND TECHNICAL EXPERTISE. AS A NONPROFIT MEMBER OF THE PROFESSIONAL SERVICES INDUSTRY, THE CORPORATION PROVIDES PROFESSIONAL SERVICES PRIMARILY TO THE FEDERAL GOVERNMENT'S DOD AND OHS. THE CORPORATION'S PROFESSIONAL SERVICES INCLUDE, BUT ARE NOT LIMITED TO, RESEARCH AND DEVELOPMENT, TEST AND EVALUATION, OPERATIONS AND MAINTENANCE, SCIENTIFIC, ENGINEERING, LOGISTICS, ENVIRONMENTAL, INFORMATION TECHNOLOGY, AND CONSULTING SERVICES. 5108181 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 5 0 34 1 0 0 0 0 0 0 0 0 0 0 0 0 X 1 0 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 LA X NEO SYSTEMS 5712344940 1861 INTERNATIONAL DRIVE TYSONS CORNER VA 22102 JOSEPH HOMAN PRESIDENT, GENERAL MANAGER, COO 30.00 X X 739078 0 24112 JEFFREY MOULTON PRESIDENT, GM & CEO UNTIL JAN 22 15.00 X X 437760 0 0 TIMOTHY BOUDREAUX PRINCIPAL TECHNICAL ADVISOR ENGINEER 40.00 X 323237 0 24000 MATTHEW SCHMOUDER CHIEF ENTERPRISE ARCHITECT 40.00 X 224424 0 17064 JOHN PURSLEY GM, EXEC DIRECTOR, CFO UNTIL JAN 22 30.00 X 223978 0 2500 DEANA FUNDERBURK PRIN TECH ADVISOR ENG 40.00 X 205179 0 20500 JOSEPH NIBERT SR SYSTEMS ARCHITECT 40.00 X 174732 0 22180 ADRIENNE OBER MGR CONTRACT/PROCUREMENT 30.00 X 168817 0 20984 TODD HOTARD OPS MANAGER 40.00 X 168004 0 7300 BARBARA HONKUS DIRECTOR F&A 30.00 X 130116 0 9233 MR WILLIAM BAKER BOARD DIRECTOR 0.50 X 0 0 0 MS KIMBERLY LEWIS BOARD DIRECTOR AND TREASURER 0.50 0.50 X X 0 0 0 MR TODD MCCAFFREY BOARD CHAIR AND DIRECTOR 0.50 X X 0 0 0 DR STEVEN WARD BOARD DIRECTOR 0.50 X 0 0 0 DR ROY HAGGERTY BOARD DIRECTOR 0.50 0.50 X 0 0 0 DR PETE WEILAND BOARD DIRECTOR 0.50 X 0 0 0 2795325 0 147873 27 0 1 0 NEOSYSTEMS CORP 1861 INTERNATIONAL DRIVE TYSONS CORNER VA 22102 FINANCIAL SERVICES 154782 SOURCEREE GOVT SOLUTIONS 656 INDUSTRIAL PARK ROAD EDENSBURG PA 15931 SUBCONTRACTOR 135547 2 CONTRACTS 900099 4956131 4956131 4956131 5232 5232 4961363 4956131 0 5232 90720 90720 3410761 3090487 320274 137847 120732 17115 573230 482304 90926 310852 272256 38596 34037 34037 152897 152897 596755 492209 104546 291043 291043 292854 264944 27910 129679 92181 37498 3553 2025 1528 24373 24373 6048601 5108181 940420 0 2751758 2236260 2216663 901761 210224 82769 954106 301894 728430 652212 243393 0 849383 6150468 4722385 875960 367286 681554 0 849383 1557514 1216669 X 4592954 3505716 4592954 3505716 6150468 4722385 -1087238 0 X 0 1 X 1 1 1 X X 1 LOUISIANA STATE UNIVERSITY 726000848 5 1 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 SCHEDULE A PART IV LINE 2 THE SUPPORTED ORGANIZATION, LOUISIANA STATE UNIVERSITY ("LSU"), IS A WHOLLY OWNED STATE INSTRUMENTALITY. UNDER SECTION 6033(A)(2) OF THE INTERNAL REVENUE CODE, LSU IS NOT REQUIRED TO FILE AN ANNUAL FORM 990 INFORMATION RETURN WITH THE INTERNAL REVENUE SERVICE ("IRS"). LSU HAS RECEIVED AN AFFIRMATION LETTER FROM THE IRS INDICATING IT IS A 501(C)(3) PUBLIC CHARITY. 626555 204237 422318 327551 97657 229894 652212 RIGHT OF USE ASSET 849383 849383 LEASE LIABILITY 849383 849383 X 4961363 0 4961363 0 4961363 6048601 0 6048601 0 6048601 PART X, LINE 2: STC QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION FOR INTERNAL REVENUE SERVICE PURPOSES. SUCH ORGANIZATIONS ARE TAXED ONLY ON UNRELATED BUSINESS INCOME. STC HAS NO UNRELATED BUSINESS INCOME; THEREFORE, NO TAX PROVISION HAS BEEN ESTABLISHED. STC HAS EVALUATED THE EFFECT OF GUIDANCE IN ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (ASC 740-10). MANAGEMENT BELIEVES THAT STC CONTINUES TO SATISFY THE REQUIREMENTS OF A TAX-EXEMPT ORGANIZATION AT JUNE 30, 2023 AND 2022. MANAGEMENT HAS EVALUATED ALL OTHER TAX POSITIONS THAT COULD HAVE A SIGNIFICANT EFFECT ON THE FINANCIAL STATEMENTS AND DETERMINED STC HAD NO UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2023 AND 2022. X X 1 0 X X 1 0 0 0 0 0 0 0 0 JOSEPH HOMAN PRESIDENT, GENERAL MANAGER, COO 312078 0 115000 0 312000 0 21375 0 2737 0 763190 0 0 0 JEFFREY MOULTON PRESIDENT, GM & CEO UNTIL JAN 22 8960 0 96000 0 332800 0 0 0 0 0 437760 0 0 0 TIMOTHY BOUDREAUX PRINCIPAL TECHNICAL ADVISOR ENGINEER 318237 0 5000 0 0 0 24000 0 0 0 347237 0 0 0 MATTHEW SCHMOUDER CHIEF ENTERPRISE ARCHITECT 214424 0 10000 0 0 0 9764 0 7300 0 241488 0 0 0 JOHN PURSLEY GM, EXEC DIRECTOR, CFO UNTIL JAN 22 31786 0 0 0 192192 0 2500 0 0 0 226478 0 0 0 DEANA FUNDERBURK PRIN TECH ADVISOR ENG 205179 0 0 0 0 0 20500 0 0 0 225679 0 0 0 JOSEPH NIBERT SR SYSTEMS ARCHITECT 171732 0 3000 0 0 0 14880 0 7300 0 196912 0 0 0 ADRIENNE OBER MGR CONTRACT/PROCUREMENT 155817 0 13000 0 0 0 17942 0 3042 0 189801 0 0 0 TODD HOTARD OPS MANAGER 164504 0 3500 0 0 0 0 0 7300 0 175304 0 0 0 PART I, LINE 1A THE COMPANY EXECUTIVE MANAGEMENT TEAM EMPLOYEE FRINGE BENEFIT & PERKS INCLUDES FIRST-CLASS AIR TRAVEL FOR COMPANY FUNCTIONS. THIS IS EXPENSED AS INDIRECT TRAVEL AND IS NOT INCLUDED ON THE RECIPIENTS W2. THE COMPANY EXECUTIVE MANAGEMENT TEAM EMPLOYEE FRINGE BENEFIT & PERKS INCLUDES CLUB MEMBERSHIP. THIS IS EXPENSED AS AN ALLOWABLE EMPLOYEE MORALE AND IS NOT INCLUDED ON THE RECIPIENTS W2. PART I, LINE 4A THE PRESIDENT, GENERAL MANGER, COO RECEIVED A SEVERANCE PAYMENT OF $312,000. THE GENERAL MANAGER, GM & CEO RECIEVED A SEVERANCE OF $332,800. THE GENERAL MANAGER, EXECUTIVE DIRECTOR, CFO RECIEVED A SEVERANCE OF $192,192. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO EXERCISE ALL POWERS OF THE BOARD OF DIRECTORS BETWEEN MEETINGS, SUBJECT TO THE LIMITATIONS OF LAW AND THE BYLAWS. THE EXECUTIVE COMMITTEE SHALL CONSIST OF THREE DIRECTORS, NAMELY, THE CHAIRPERSON OF THE BOARD AND TWO OTHER DIRECTORS APPOINTED TO SUCH COMMITTEE BY THE MEMBER. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE CORPORATION IS LOUISIANA STATE UNIVERSITY AND AGRICULTURAL AND MECHANICAL COLLEGE (LSU). FORM 990, PART VI, SECTION A, LINE 7A THE MEMBER HAS THE RIGHT TO ELECT AND REMOVE DIRECTORS OF THE CORPORATION. IN ELECTING EACH DIRECTOR, THE MEMBER DESIGNATES THE DIRECTOR'S CLASS (A OR B). FORM 990, PART VI, SECTION A, LINE 7B THE MEMBER HAS THE RIGHT TO APPROVE THE FOLLOWING ACTIVITIES: 1) THE LIQUIDATION OR DISSOLUTION OF THE CORPORATION, 2) A MERGER, REORGANIZATION OR CONSOLIDATION IN WHICH THE CORPORATION IS ACQUIRED BY ANOTHER ENTITY OTHER THAN THE MEMBER, OR 3) THE SALE OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE CORPORATION TO AN ENTITY THAT IS UNRELATED TO THE MEMBER. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN OUTSIDE FIRM. THE TREASURER AND CFO WILL PRESENT THE PREPARED FORM 990 AT THE BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE BOARD OF DIRECTORS MUST COMPLETE AND SIGN A CONFLICT OF INTEREST DISCLOSURE AND CODE OF ETHICS AND BUSINESS CONDUCT. THESE ARE REVIEWED BY THE BOARD CHAIRMAN AND RETAINED BY THE PROGRAM MANAGER. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF HIS OR HER FINANCIAL INTEREST AND ALL MATERIAL FACTS TO THE BOARD OF DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD-DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE OR SHE SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. AFTER EXERCISING DUE DILIGENCE, THE BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE CORPORATION CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE CORPORATION'S BEST INTEREST AND FOR ITS OWN BENEFIT AND WHETHER THE TRANSACTION IS FAIR AND REASONABLE TO THE CORPORATION AND SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH SUCH DETERMINATION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS REVIEWS AND APPROVES COMPENSATION BY USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING FOR DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION. THIS PROCESS RECENTLY TOOK PLACE IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. LOUISIANA STATE UNIVERSITY 204 THOMAS BOYD HALL BATON ROUGE LA 70803 726000848 HELP STUDENTS ACHIEVE THE HIGHEST LEVELS OF INTELLECTUAL & PERSONAL DEV. LA LINE 2 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 LOUISIANA STATE UNIVERISITY P 90720 LSU COMPENSATION PRACTICES