2025-10-22T18:10:02-05:00 2024-12-31 814234542 BPM LLP ONE CALIFORNIA STREET SUITE 2500 SAN FRANCISCO CA 941115426 990 2024-01-01 942750021 KESTREL INSTITUTE KEST 6504936871 3260 HILLVIEW AVENUE 2ND FLOOR PALO ALTO CA 943041220 DR STEPHEN FITZPATRICK CFO 6504936871 2025-10-22 1 1 JEANETTE M LEE P01073684 4154215757 2025-10-22 2024 2025-03-06 01:10:19Z DR ERIC SMITH 3260 HILLVIEW AVENUE 2ND FLOOR PALO ALTO CA 943041220 3874883 0 X WWW.KESTREL.EDU X 1981 CA SCIENTIFIC RESEARCH AND DEVELOPMENT ON METHODS FOR SOFTWARE ASSURANCE. 4 3 16 3 0 0 4393186 3731242 0 0 38152 143641 0 0 4431338 3874883 0 0 0 0 2759967 2197287 0 0 0 1305880 1246037 4065847 3443324 365491 431559 4087305 4556619 1718524 1756279 2368781 2800340 X KESTREL INSTITUTE PERFORMS RESEARCH ON METHODS AND TOOLS FOR SOFTWARE ASSURANCE - USING MATHEMATICAL MODELS AND PROPERTIES OF ALGORITHMS AND DATA STRUCTURES TO ENSURE THAT SOFTWARE PERFORMS PREDICTABLY AND RELIABLY. OUR RESEARCH IS COMMUNICATED TO THE WIDER ACADEMIC COMMUNITY THROUGH JOURNALS, CONFERENCES AND TECHNICAL MEETINGS. OUR TOOLS ARE USED BY U.S. AND INTERNATIONAL UNIVERSITIES. WE OCCASIONALLY HOST STUDENTS FOR BRIEF PERIODS TO WORK ON PROJECTS ALIGNED WITH OUR RESEARCH INTERESTS. 1 0 2943100 AFRL FIGHT TONIGHT:----------- 303762 BBN ARC:----------- 149153 BBN FIGHT TONIGHT:----------- -259481 -259481 3136534 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 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 1 0 0 0 1 2 0 1 16 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X DR STEPHEN FITZPATRICK 6504936871 3260 HILLVIEW AVENUE 2ND FLOOR PALO ALTO CA 943041220 CORDELL GREEN EXECUTIVE DIRECTOR & CHIEF 4.85 X X 54721 0 15071 JOHN MITCHELL DIRECTOR 1.00 X 0 0 0 FRANK POUND DIRECTOR 1.00 X 0 0 0 MARGARITA ALTAMIRANO DIRECTOR 1.00 X 0 0 0 DAVID DESANTE DIRECTOR 1.00 X 0 0 0 STEPHEN WESTFOLD ASSOC DIRECTOR, CORP SEC & 33.10 X 158427 0 4522 STEPHEN FITZPATRICK CHIEF FINANCIAL OFFICER & 42.94 X 247028 0 27935 ERIC SMITH CHIEF EXECUTIVE OFFICER 31.68 X 245493 0 17570 DOUGLAS SMITH CHIEF COMPUTER SCIENTIST 39.88 X 207718 0 53686 MARCEL BECKER COMPUTER SCIENTIST 36.58 X 287925 0 42264 JEFF KITSON SYSTEMS MANAGER 28.49 X 173216 0 38297 ALESSANDRO COGLIO COMPUTER SCIENTIST 23.13 X 181127 0 33969 GRANT JURGENSEN COMPUTER SCIENTIST 36.00 X 152764 0 13726 1708419 0 247040 8 0 1 0 CACI INC 15 VREELAND ROAD FLORHAM PARK FLORHAM PARK NJ 07932 DEVELOPMENT, INTEGRATION AND MAINTENANCE 807693 1 3537273 193969 3731242 143641 143641 3874883 0 0 143641 1032171 925258 106913 671081 592531 78550 363531 363531 130504 130504 63185 63185 9000 9000 14925 14925 55200 55200 19060 18874 186 2034 2034 SUBCONTRACT 807693 807693 COMPUTER ALLOCATION 209871 159773 50098 OVERHEAD LABOR 73181 73181 OTHER DIRECT EXPENSES 989 989 -9101 -9101 3443324 3136534 306790 0 200 533696 3422385 3423911 606751 538329 46078 41490 419284 404091 10891 15193 1000 4000 4087305 4556619 1718524 1756279 1718524 1756279 X 2368781 2800340 2368781 2800340 4087305 4556619 431559 0 X 0 1 X 1 1 1 X 3524737 3385836 4126473 4393186 3731242 19161474 3524737 3385836 4126473 4393186 3731242 19161474 19161474 3247 647 3223 38152 143641 188910 19350384 0.99020 0.98710 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 94864 89647 5217 10570 10570 0 313850 303874 9976 15193 1 X X X 0 0 0 1 0 0 0 1 0 MARCEL BECKER COMPUTER SCIENTIST 254966 0 31771 0 1188 0 4301 0 37963 0 330189 0 0 0 STEPHEN FITZPATRICK CHIEF FINANCIAL OFFICER & 216895 0 29359 0 774 0 3694 0 24241 0 274963 0 0 0 ERIC SMITH CHIEF EXECUTIVE OFFICER 204868 0 40355 0 270 0 3678 0 13892 0 263063 0 0 0 DOUGLAS SMITH CHIEF COMPUTER SCIENTIST 177222 0 29260 0 1236 0 3097 0 50589 0 261404 0 0 0 ALESSANDRO COGLIO COMPUTER SCIENTIST 158771 0 10310 0 12046 0 2711 0 31258 0 215096 0 0 0 JEFF KITSON SYSTEMS MANAGER 162535 0 9493 0 1188 0 2580 0 35717 0 211513 0 0 0 GRANT JURGENSEN COMPUTER SCIENTIST 138006 0 14650 0 108 0 2290 0 11436 0 166490 0 0 0 STEPHEN WESTFOLD ASSOC DIRECTOR, CORP SEC & 134105 0 23024 0 1298 0 2357 0 2165 0 162949 0 0 0 PART I, LINE 5 KESTREL INSTITUTE HAS A MANAGEMENT INCENTIVE PLAN, IN WHICH AWARDS ARE FOR PROMOTING KESTREL INSTITUTE'S GOALS (ASIDE FROM TECHNICAL PERFORMANCE FOR COMPUTER SCIENTISTS). PART I, LINE 6 BONUSES ARE DETERMINED BY MANAGEMENT REVIEWING EACH EMPLOYEE'S PERFORMANCE THROUGH THE YEAR, ON PROJECTS FOR COMPUTER SCIENTISTS OR WHILE PROVIDING SUPPORT FOR NON-COMPUTER SCIENTISTS. FORM 990, PART III, LINE 2 BBN ARC: SUBCONTRACT UNDER RTX BBN TECHNOLOGIES, INC., FOR THE DARPA COMPARTMENTALIZATION AND PRIVILEGE MANAGEMENT PROGRAM, TO DEVELOP TOOLS FOR RESTRUCTURING LARGE COMPUTER PROGRAMS INTO MORE SECURE COMPARTMENTS. BBN FIGHT TONIGHT: SUBCONTRACT UNDER RTX BBN TECHNOLOGIES, INC., FOR THE AFRL FIGHT TONIGHT PROGRAM. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM IN CONJUNCTION WITH THE ORGANIZATION'S ACCOUNTANT. A DRAFT OF FORM 990 IS THEN REVIEWED BY KESTREL'S INTERNAL ACCOUNTANT, AND CORRECTIONS/MODIFICATIONS ARE THEN MADE BY THE OUTSIDE CPA. THE REVISED DRAFT IS THEN REVIEWED BY THE CFO. ANY CONCERNS THAT THE CFO HAS ARE RAISED WITH THE CPA FIRM AND, WHEN NECESSARY, THE DIRECTOR, AND A CONSENSUS ACHIEVED. THE RETURN IS THEN FINALIZED AND ELECTRONICALLY FILED WITH THE TAXING AUTHORITIES. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO ALL EMPLOYEES. IT PRECLUDES "EMPLOYMENT, CONSULTING, OR OTHER BUSINESS RELATIONSHIPS WITH A COMPETITOR, CUSTOMER OR SUPPLIER OF THE COMPANY, OR INVESTING IN ANY COMPETITOR, CUSTOMER OR SUPPLIER (EXCEPT MODERATE HOLDINGS OF PUBLICLY-TRADED SECURITIES) UNLESS YOU HAVE ADVANCE WRITTEN PERMISSION OF THE CORPORATE OFFICER RESPONSIBLE FOR YOUR UNIT AFTER CONSULTATION WITH THE CONTRACT ADMINISTRATOR". THERE ARE NO WRITTEN STATEMENTS ON MONITORING OR ENFORCEMENT. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION FOR EACH EMPLOYEE IS REVIEWED BY THE C.E.O. (DR. ERIC SMITH), THE ASSOCIATE DIRECTOR (DR. WESTFOLD) AND THE CHIEF FINANCIAL OFFICER (DR. FITZPATRICK). IN ADDITION TO THE PERFORMANCE OF THE EMPLOYEE, THEY TAKE INTO CONSIDERATION SEVERAL COMPENSATION SURVEYS, PUBLISHED CHANGES IN THE COST OF LIVING, AND THEIR KNOWLEDGE OF COMPENSATION AT EMPLOYERS WHO COMPETE WITH KESTREL INSTITUTE FOR RESEARCHERS. THE DIRECTOR'S COMPENSATION IS ADDITIONALLY REVIEWED BY THE BOARD. THE LAST REVIEW WAS IN DECEMBER 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S TAX RETURN, FORM 1023, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. KESTREL DEVELOPMENT CORPORATION 3260 HILLVIEW AVENUE PALO ALTO CA 943041201 770142452 DEVELOP KNOWLEDGE BASED SOFTWARE CA KESTREL INSITUTE C 29720 268340 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0