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Nonprofit · EIN 45-2803441

ATIP FOUNDATION LLC

Tax-exempt (reinstated) · ARLINGTON, TX 76013

Financials

$282K$309K2022
Revenue Expenses · by fiscal year end
Financials of ATIP FOUNDATION LLC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2023990$281,774$309,450-$27,676$20,086$0$20,086
Financial details: 990 for the year ended September 30, 2023

Revenue

Contributions, gifts and grants
$281,774
of which government grants
$281,774
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$302,652
Management and general (functional)
$6,798

Balance sheet and other

Total assets, start of year
$80,260
Total assets, end of year
$20,086
Total liabilities, end of year
$0
Net assets, end of year
$20,086
Net assets without donor restrictions
$20,086
Gross receipts
$281,774
Employees
0
Volunteers
20
Year formed
2011
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2023, highest compensation first.

NameTitleHours / weekCompensation
GURBAX SAHOTAMEMBER
Trustee or director
–$0
MIKE CASSIDYMEMBER
Trustee or director
–$0
REBECCA SINGERMEMBER
Trustee or director
–$0
TONY JEFFMEMBER
Trustee or director
–$0
WES JUREYCEO
Officer
–$0

Address and contacts

Address (IRS master file)
1506 W PIONEER PKWY STE 101, ARLINGTON, TX 76013-6253
In care of
% MARYLAND TECHNOLOGY DEVELOPMENT C
Principal officer (990 for 2022)
WES JUREY, 1506 W PIONEER PARKWAY STE 204, ARLINGTON, TX 76013
Signed the 990
WES JUREY, CEO
Phone
(817) 228-9888
Return prepared by
PSK LLP

Mission

THE ATIP FOUNDATION'S PURPOSE IS TO SERVE AS A CATALYST FOR RURAL ECONOMIC DEVELOPMENT, THROUGH THE USE OF USDA RESEARCH OUTCOMES, MARKET ASSESSMENT, AND PATENTED TECHNOLOGIES. THE FOUNDATION SUPPORTS A STRATEGIC APPROACH TO THE FORMATION OF COLLABORATIVE PARTNERSHIPS, FACILITATING AND ENABLING THE INTEGRATION OF INDUSTRY, ACADEMIC, AND GOVERNMENT RESEARCH AND DISCOVERY WITH VENTURE CAPITAL AND TALENT AND KNOW-HOW. THE PRIMARY OBJECTIVE OF ATIP FOUNDATION IS TO CREATE NATIONALLY RECOGNIZED, INVESTOR BASED CONSORTIUMS OF AGRI-BUSINESSES, UNIVERSITIES, ECONOMIC DEVELOPMENT ENTITIES, AND VENTURE FUNDS FOR THE DEVELOPMENT, IMPLEMENTATION, AND COMMERCIALIZATION OF USDA TECHNOLOGY DISCOVERIES, IN ORDER TO DEVELOP, AND EXPAND THE AGRICULTURE INDUSTRY. THE FOUNDATION SPECIFICALLY SEEKS TO IMPROVE THE COMPETITIVENESS AND PROFITABILITY OF THE AGRICULTURE AND AGRI-BUSINESS INDUSTRY SECTORS.

990 for the year ended September 30, 2023

Program accomplishments

  • THE FOUNDATION HAS FORMED A PUBLIC-PRIVATE PARTNERSHIP WITH ILSI NORTH AMERICA AND THE U.S. DEPARTMENT OF AGRICULTURE-AGRICULTURAL RESEARCH SERVICE TO OBTAIN COMPREHENSIVE FOOD COMPOSITION DATA FROM THE FOOD MANUFACTURERS AND MAKE IT PUBLICLY AVAILABLE THROUGH AN ENHANCED USDA NATIONAL NUTRIENT DATABASE TO THOSE WHO UTILIZE SUCH DATA INCLUDING THE FEDERAL AGENCIES, THE RESEARCH COMMUNITY, PROPRIETARY DATABASES AND END USERS, AND THE FOOD INDUSTRY. DURING THE FISCAL YEAR ENDING 9/30/23, THE FOUNDATION CONTINUED WORK ON ESTABLISHED INITIATIVES IN TEXAS, CALIFORNIA, AND OHIO, UTILIZING USDA RESEARCH OUTCOMES, TO FOSTER REGIONAL RURAL ECONOMIC DEVELOPMENT FROM FEDERAL RESEARCH OUTCOMES. THE FOUNDATION CONDUCTED FORUMS IN PARTNERSHIP WITH THE FEDERAL BIOMASS RESEARCH & DEVELOPMENT BOARD (BR&D), AND THE U.S. DEPARTMENT OF AGRICULTURE(USDA) IN 8 STATES TO PROVIDE INFORMATION ABOUT BR&D AND USDA RESEARCH OUTCOMES FOR THE PURPOSE OF CREATING JOBS AND ECONOMIC DEVELOPMENT; AND OBTAIN INPUT FROM PUBLIC AND PRIVATE SECTOR STAKEHOLDERS FOR BR&D AND USDA. THE FOUNDATION ESTABLISHED REPLICABLE MODELS IN PARTNERSHIP WITH USDA TO FOSTER RURAL ECONOMIC DEVELOPMENT UTILIZING FEDERAL RESEARCH OUTCOMES.
    Expenses $302,652

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026Not on file
2023September 30, 2024February 18, 2025Not on file

IRS record

EIN
45-2803441
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$20,086
Income (IRS master file)
$281,774

Revocation and reinstatement

Exemption revoked
February 15, 2014
Posted by the IRS
September 8, 2014
Reinstated
Effective February 15, 2014

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2023$281,774$309,450$20,086XML
990September 2022$70,540$305,279$80,260IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-2803441).

Questions about ATIP FOUNDATION LLC

What is the EIN of ATIP FOUNDATION LLC?
The employer identification number (EIN) of ATIP FOUNDATION LLC is 45-2803441.
Is ATIP FOUNDATION LLC tax-exempt?
Yes. The IRS revoked its exemption on February 15, 2014 and reinstated it effective February 15, 2014.
Are donations to ATIP FOUNDATION LLC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ATIP FOUNDATION LLC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ATIP FOUNDATION LLC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ATIP FOUNDATION LLC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2023.
Who is the principal officer of ATIP FOUNDATION LLC?
The 990 for the year ended September 30, 2023 names WES JUREY.
Who are the officers and directors of ATIP FOUNDATION LLC?
The 990 for the year ended September 30, 2023 lists 5 people; 0 received compensation from the organization.
How much revenue does ATIP FOUNDATION LLC have?
On its 990 for the year ended September 30, 2023 it reported revenue of $281,774, expenses of $309,450 and total assets of $20,086 at year end.

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