2024-11-12T10:03:43+00:00 2024-06-30 440160260 Forvis Mazars LLP 910 E St Louis 200 PO Box 1190 Springfield MO 658062523 990 2023-07-01 261675774 SPRINGFIELD INNOVATION INC SPRI 4178363020 524 N BOONVILLE AVE SPRINGFIELD MO 65806 ALLEN KUNKEL 4178363020 2024-11-12 true Brian Todd P00422601 4178658701 2024-11-12 2023 2024-10-15 13:58:12Z ALLEN KUNKEL 524 N BOONVILLE AVE SPRINGFIELD MO 65806 2606 false X jvic.missouristate.edu/springfield X 2006 MO SPRINGFIELD INNOVATION INC. FACILITATES AND SUPPORTS THE COMMERCIALIZATION OF RESEARCH AND SHORTENS THE TIME TO MARKET FOR NEW PRODUCTS. 15 15 0 15 0 0 2516 2500 0 0 69 91 0 15 2585 2606 0 0 0 0 0 0 0 0 0 1635 1390 1635 1390 950 1216 786913 44187 0 0 786913 44187 See Schedule O. false false 1390 THE ORGANIZATION WILL PROVIDE SERVICES TO SUPPORT INDIVIDUALS AND ORGANIZATIONS INTERESTED IN STARTING BUSINESS VENTURES AS WELL AS ENHANCE EXISTING BUSINESSES. THE ASSISTANCE WILL BE IN THE FORM OF BUSINESS MANAGEMENT AND ENTREPRENEURIAL TRAINING. AS A RECOGNIZED MISSOURI INNOVATION CENTER, THE ORGANIZATION WILL CONCENTRATE ITS SERVICES ON TECHNOLOGY BASED ENTREPRENEURS. 1390 true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true true true false false true 1 0 true 0 false false false false false false false false false false false false X 15 15 false false false false false false false true true false false true true true true false false false false false X ALLEN KUNKEL 4178363020 524 N BOONVILLE AVE SPRINGFIELD MO 65806 X Amanda Hedgpeth Treasurer 1.0 0.0 X X 0 0 0 Dan Cobb Chair 1.0 0.0 X X 0 0 0 Sandy Howard Vice Chair 1.0 0.0 X X 0 0 0 Brad Bodenhausen Director 1.0 0.0 X 0 0 0 Brad Wyrsch Director 1.0 0.0 X 0 0 0 Chris Kleinfield Director 1.0 0.0 X 0 0 0 Clif Smart Director 1.0 0.0 X 0 0 0 Dan Brewer Director 1.0 0.0 X 0 0 0 Erin Danastasio Director 1.0 0.0 X 0 0 0 Gary Gibson Director 1.0 0.0 X 0 0 0 Gary Schafer Director 1.0 0.0 X 0 0 0 Jason Gage Director 1.0 0.0 X 0 0 0 Kim Prater Director 1.0 0.0 X 0 0 0 Sarah Hough Director 1.0 0.0 X 0 0 0 Tamara Conn Director 1.0 0.0 X 0 0 0 Allen Kunkel Chief Executive Officer 1.0 0.0 X 0 0 0 Kelly Barnts Secretary 1.0 0.0 X 0 0 0 0 0 0 0 false false false 0 2500 2500 0 0 0 0 0 91 91 0 0 0 0 Miscellaneous 900099 15 15 0 0 0 0 15 2606 0 0 106 0 0 1390 1390 0 0 0 0 0 0 0 0 1390 1390 0 0 0 0 42971 44187 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 743942 0 0 0 0 0 786913 44187 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 786913 44187 786913 44187 786913 44187 X 1216 -743942 X false false false X 87901 23 20 2516 2500 92960 0 0 87901 23 20 2516 2500 92960 0 92960 162 19 4 69 91 345 0 0 0 0 0 15 15 93320 0 0.9961 0.6378 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - MISCELLANEOUS, COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - , COLUMN E - 15.0, COLUMN F - 15.0; Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON INTERNAL FINANCIAL STATEMENTS AND INFORMATION PROVIDED BY MANAGEMENT. THE FORM 990 WAS REVIEWED BY THE EXECUTIVE DIRECTOR AND THEN PROVIDED TO THE BOARD OF DIRECTORS BEFORE FILING. Form 990, Part VI, Line 12c Conflict of interest policy - DUTY TO DISCLOSE IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THEE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. - DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, S/HE SHALL LEAVE THE GOVERNING 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. - PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST A) AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, S/HE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. B) THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. C) AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. D) IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION, IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. - VIOLATIONS OF THE CONFLICTS OF INTEREST POLICY A) IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. B) IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Transfer to Unrelated Tax Exempt Charitable Entity - -743942; 990, Part III, Line 1 - Organizations Mission THE MISSION OF SPRINGFIELD INNOVATION, INC. IS TO SUPPORT ADVANCED PRODUCT DEVELOPMENT WITH A FOCUS ON ADVANCING THE COMPETITIVENESS OF MISSOURI-BASED INDUSTRIES AND SUPPORTING TECHNOLOGY BASED ENTREPRENEURS WHILE PROVIDING INTERDISCIPLINARY WORK EXPERIENCES FOR MISSOURI STATE UNIVERSITY STUDENTS. 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