Return of Organization Exempt From Income Tax

Transcription

990
Form
1
OMB No 1545-0047
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung
benefit trust or private foundation)
Department of the Treasury
Internal Revenue Service
A
0- The organization may have to use a copy of this return to satisfy state reporting requirements
For the 2012 calendar ear or tax year be g innin g
2012 , and endin g
Se ptember 1
Check if applicable C Name of organization INTERNATIONAL SPACE UNIVERSITY ORGANIZATION INC.
B
❑ Address change
Doing Business As
❑
Number and street (or P 0 box if mail is not delivered to street address)
Name change
❑ Initial return
X012
, 20 13
Au ust 31
D Employer identification number
52-1511773
Room/suite
E Telephone number
45 KLEBART AVENUE
508 -943-2773
City, town or post office, state, and ZIP code
❑ Terminated
❑ Amended return
G Gross receipts $
WEBSTER MA 01570
❑ Applicat i on pending F Name and address of principal officer
H(a) Is this a group return for affiliates? ❑ Yes 21 No
) A (insert no) ❑ 4947 (a)( 1 ) or
❑ 501 c
❑ 501 (c)(3)
I
Tax-exem pt status
J
Website : ^
K
Form of oroanization•fl Corporation n Trust
H(b) Are all affiliates included? ❑ Yes ❑ No
If "No," attach a list (see instructions)
❑ 527
H(c) Group exemption number ^
M/ Association F-1
L Year of formation
M State of legal domicile
Summary
1
Briefly describe the organization's mission or most significant activities:
ISU Organization Inc. was incorporated to foster international higher education related to outer space for peaceful purposes________
v
c
E
------------------------------------------------------------------------------------------------------- ---------------------------- ------------------------------
0
0
46
m
F-
2
3
4
5
6
7a
b
------------------------------------------------------------------------------------------------------ ---------------------------- -----------------------------Check this box
if the organization discontinued its operations or disposed of more than 25% of its net assets
Number of voting members of the governing body (Part VI, line 1a) . . . .
3
Number of independent voting members of the governing body (Part VI, line 1 b) . . . .
4
Total number of individuals employed in calendar year 2012 (Part V, line 2a)
. . .
5
2
Total number of volunteers (estimate if necessary) . . . . . . . . .
6
Total unrelated business revenue from Part VIII, column (C), line 12
7a
Net unrelated business taxable income from Form 990-T, line 34
7b
Prior Year
c
m
M
m
01
8
9
10
11
Contributions and grants (Part VIII, line 1 h) . . .
Program service revenue (Part VIII, line 2g)
. .
Investment income (Part VIII, column (A), lines 3, 4,
Other revenue (Part VIII, column (A), lines 5, 6d, 8c,
12
. . .
. . .
and 7d )
9c, 10c,
. . .
. . .
. . .
and 11e)
.
.
.
.
.
.
.
.
Current Year
313, 190
154 632
22, 796
525
310 , 903
140 , 738
Total revenue-add lines 8 through 11 (must equal Part VIII, column (A), line 12)
494 , 143
456 , 629
13
14
Grants and similar amounts paid (Part IX, column (A), lines 1-3) .
Benefits pai d to orformemb rs:(RaMX, column (A), line 4) . .
141 , 127
96, 481
15
Sala 'es, o er 9of
254 ,096
305 , 764
16a
b
17
18
Prof sslo
Total fun
+
Othe e
Total
3,940
4 900
117 , 120
516, 283
53 ,070
460 , 215
19
Reve ue esg a
.
.
.
.
.
io 7bloyee benefits (Part IX, column (A), lines 5-10)
nciraising•fees(Part ID(
a
raising expenses (Part I c
9ht^
ense earIl) % co'IUIYin (A
nses. Add lines 13-17
Est
es
olumn (A), line 11e) . . . . . .
umn (D), line 25) ^
-----------------------es 11 a-11 d, 11 f-24e)
qual Part IX, column (A), line 25)
c Ine 1 from line 12
am
W 20
21
Z. 22
Beginning of Current Year
Total
se s Part X, line 16)
.
.
.
.
.
.
.
.
.
Total liabilities (Part X, line 26) . . . . . . . . .
Net assets or fund balances. Subtract line 21 from line 20
KjM
4 , 988
.
.
.
.
.
.
.
End of Year
425 , 817
327 , 645
411 , 103
311 , 618
14 , 714
16 , 027
Signature Block
Under penalties of perjury, I declare that I have examined this return , including accompanying schedules and statements , and to the best of my knowledge and belief, it is
true, correct , and complete Declaration of prepay r (
r than officer) is based on all information of which preparer has any knowledge
Sign
'
Here
^
Signature of officer
Date
t^ ...,d I . ,. t7 t^^
Paid
Preparer
Use Only
For Paperwork Reduction Act Notice, see the separate instructions.
Form 990 (2012)
Lj^
1
Page 2
Statement of Program Service Accomplishments
Check if Schedule 0 contains a response to any question in this Part III .
.
.
.
.
.
.
.
.
.
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.
.
❑
Briefly describe the organization's mission:
ISII Organrzation Inc. was incorporated to foster international higher education related to outer space for-peaceful purposes.
2
3
4
4a
Did the organization undertake any significant program services during the year which were not listed on the
prior Form 990 or 990-EZ? . . . . . . . . . . . . . .
. . . .
. . . . .
❑ Yes ❑ No
If "Yes," describe these new services on Schedule O.
Did the organization cease conducting, or make significant changes in how it conducts, any program
services?
. . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . .
❑ Yes 2 No
If "Yes," describe these changes on Schedule O.
Describe the organization's program service accomplishments for each of its three largest program services, as measured by
expenses Section 501 (c)(3) and 501 (c)(4) organizations are required to report the amount of grants and allocations to others,
the total expenses, and revenue, if any, for each program service reported.
(Code: 50isc)3 ) (Expenses $------------- 25L554 including grants of $ ------------------------ ) (Revenue $ -----------------------tive organization oft or participant m, educational workshops, sYmposra^ conferences And alumni networking - opportunities
-- - --- - -- - - - - --------------mtended to_mcrease awareness of critical issues and developments to international _ and interdisciplfnaru! space exploration and ________
a
4b
[cations
501(c)3__ ) (Expenses $ ------------ 337,634 including grants of $ ------------------------ ) (Revenue $
-----------------------------Advance _postgraduate education rn the space field through distribution of study_ findmgs^ dissemmatôn of study Tndings,
(Code:
dissemination ofproAram opportunities, and active participation atgatherin g s where space education and_ work_force de_v_elopment_____
are discussed.
-
(Code:
501(c)3
) (Expenses $------------- 241676 including grants of $
) (Revenue $
Respond to public requests for information and analysis concernma evolving issues in the space sector both in the United States and
-- ---- -- ----------------------------before international_ og_anizations
_ Facilitated communication between_ expgqs and the_general _public on_ issues related to the uses of_
- - - --outer space _ Provided support to bang space topics into the classroom throuoh the_ profesional development of education-and
non_education_professionals__
4d
4e
-
___
--- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- ---------
Other program services (Describe in Schedule 0.)
including grants of $
(Expenses $
Total program service expenses ^
) (Revenue $
387,864
Form 990 (2012)
Form 990 (2012)
JjrLW
Page 3
Checklist of Required Schedules
Yes
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes,"
complete Schedule A . . . . . . . . . . . . . . . . . . . . . . .
2
3
Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)?
. . .
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to
candidates for public office? If "Yes," complete Schedule C, Part 1 .
. .
. .
. . .
Section 501 (c)(3) organizations . Did the organization engage in lobbying activities, or have a section 501(h)
election in effect during the tax year? If "Yes," complete Schedule C, Part 11
4
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues,
assessments, or similar amounts as defined in Revenue Procedure 98-19? If "Yes," complete Schedule C,
. . . . . . . . . . . . . .
Part lll. . . .
. . . . . . . . . . . . . .
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors
have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If
. . .
. . . .
"Yes," complete Schedule D, Part I . . . . . . .
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part 11
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"
complete Schedule D, Part 111 . . .
. . . . . . . . . . . . . . . . . . . . . .
9
Did the organization report an amount in Part X, line 21, for escrow or custodial account liability; serve as a
custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or
debt negotiation services? If "Yes," complete Schedule D, Part IV . . . . . . . . . . . . .
10
Did the organization, directly or through a related organization, hold assets in temporarily restricted
endowments, permanent endowments, or quasi-endowments? If "Yes," complete Schedule D, Part V . .
If the organization's answer to any of the following questions is "Yes," then complete Schedule D, Parts VI,
VII, VIII, IX, or X as applicable.
Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes,"
complete Schedule D, Part VI . .
. . . . . . . . . . . . . . . . .
. .
Did the organization report an amount for investments-other securities in Part X, line 12 that is 5% or more
of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VII . .
. . .
Did the organization report an amount for investments-program related in Part X, line 13 that is 5% or more
of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part V111
. . . . .
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets
reported in Part X, line 16? If "Yes, " complete Schedule D, Part IX . . . . . . . . . . . . . .
6
7
8
11
a
b
c
d
e Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part X
f Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses
the organization's liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part X
12a Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete
Schedule D, Parts Xl and XII
.
.
Is the organization a school described in section 170(b)(1)(A)(u)? If "Yes, " complete Schedule E
✓
✓
3
✓
4
✓
✓
5
6
✓
7
V/
8
*/
9
✓
10
✓
11a
✓
11b
✓
11c
✓
11d
11e
✓
✓
✓
11f
✓
12a
b Was the organization included in consolidated, independent audited financial statements for the tax year'? If "Yes," and if
the organization answered " No " to line 12a, then completing Schedule D, Parts XI and X11 is optional .
13
1
2
No
.
.
.
.
14 a Did the organization maintain an office, employees, or agents outside of the United States'
.
. .
b Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking,
fundraising, business, investment, and program service activities outside the United States, or aggregate
. .
foreign investments valued at $100,000 or more? If "Yes, " complete Schedule F, Parts I and IV
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or assistance to any
organization or entity located outside the United States? If "Yes," complete Schedule F, Parts 11 and IV
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or assistance
to individuals located outside the United States? If "Yes," complete Schedule F, Parts 111 and IV
17
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on
Part IX, column (A), lines 6 and 11 e? If "Yes," complete Schedule G, Part I (see instructions)
. . .
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on
Part VIII, lines 1c and 8a? If "Yes, " complete Schedule G, Part 11 . . . . .
. . . .
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a?
If "Yes, " complete Schedule G, Part 111 . . . . . . .
20 a Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H . .
b If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?
✓
12b
✓
13
14a
✓
14b
✓
15
✓
✓
16
17
18
19
20a
20b
1
✓
✓
Form 990 (2012)
Form 990 (2012)
Page 4
Checklist of Required Schedules (continued)
Yes
21
Did the organization report more than $5,000 of grants and other assistance to any government or organization
in the United States on Part IX, column (A), line 1 ? If "Yes," complete Schedule I, Parts I and 11
Did the organization report more than $5,000 of grants and other assistance to individuals in the United States
on Part IX, column (A), line 2'? If "Yes," complete Schedule/, Parts land/// .
22
23
Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the
organization's current and former officers, directors, trustees, key employees, and highest compensated
employees? If "Yes, " complete Schedule J .
. . . . . . . . . . .
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than
$100,000 as of the last day of the year, that was issued after December 31, 2002? If "Yes," answer lines 24b
through 24d and complete Schedule K. If "No, " go to line 25 .
. . . . . .
b Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception? . .
c Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds? . . . . . . . . . . . . . . . . . .
. .
d Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year? . .
25a Section 501(c)(3) and 501(c)(4) organizations . Did the organization engage in an excess benefit transaction
with a disqualified person during the year? If "Yes," complete Schedule L, Part I . . . . . . . . .
No
21
✓
22
✓
23
✓
24a
✓
24b
✓
24c
24d
✓
✓
25a
✓
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior
year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ'?
If "Yes, " complete Schedule L, Part I . . . . . . . . .
. .
. . .
. . . . . . .
25b
✓
26
Was a loan to or by a current or former officer, director, trustee, key employee, highest compensated employee, or
disqualified person outstanding as of the end of the organization's tax year? If "Yes," complete Schedule L, Part 11
26
✓
27
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee,
substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled
entity or family member of any of these persons? If "Yes," complete Schedule L, Part 111
. .
Was the organization a party to a business transaction with one of the following parties (see Schedule L,
Part IV instructions for applicable filing thresholds, conditions, and exceptions):
27
✓
b
28
a
b
c
29
30
31
32
A current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV
A family member of a current or former officer, director, trustee, or key employee? If "Yes," complete
Schedule L, Part IV
. . . .
. . . . . . . .
. .
. . . .
. . . . . . .
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof)
was an officer, director, trustee, or direct or indirect owner? If "Yes," complete Schedule L, Part IV
. .
Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified
conservation contributions? If "Yes," complete Schedule M .
. .
. . . . . . . . . . .
Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N,
Part l . . . . . . . . . . . . . . . . . . . . . . . . .
. . .
. .
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes,"
complete Schedule N, Part 11 . . . . . . . . . . . .
. . . . . . . . . . . . .
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations
sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I . . . . . . . . . . .
34
Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part ll, lll,
or IV, and Part V, line 1
35a
b
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
. .
If "Yes" to line 35a, did the organization receive any payment from or engage in any transaction with a
controlled entity within the meaning of section 512(b)(13)? If " Yes, " complete Schedule R, Part V, line 2
Section 501(c)(3) organizations . Did the organization make any transfers to an exempt non-charitable
related organization? If " Yes, " complete Schedule R, Part V, line 2 .
. . . . . . . . .
36
37
38
Did the organization conduct more than 5% of its activities through an entity that is not
and that is treated as a partnership for federal income tax purposes? If "Yes," complete
. . . .
. . .
. . .
. .
Part VI . . .
Did the organization complete Schedule 0 and provide explanations in Schedule 0 for
. . .
19? Note . All Form 990 filers are required to complete Schedule 0 .
a related organization
Schedule R,
. . . . .
Part VI, lines 11b and
.
MEN
28a
✓
28b
✓
28c
29
✓
✓
30
✓
31
✓
32
✓
33
✓
34
5/
35a
✓
✓
35b
✓
36
37
✓
38
Form 990 (2012)
Form 990 (2012)
Page 5
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule 0 contains a response to any question in this Part V
.
Yes
la
b
c
2a
b
3a
b
4a
b
5a
b
c
6a
b
7
a
Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable
. .
1a
Enter the number of Forms W-2G included in line 1 a. Enter -0- if not applicable. .
lb
Did the organization comply with backup withholding rules for reportable payments to vendors and
reportable gaming (gambling) winnings to prize winners?
. . .
. . . . . . . . . .
Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax
Statements, filed for the calendar year ending with or within the year covered by this return
2a
If at least one is reported on line 2a, did the organization file all required federal employment tax returns? .
Note . If the sum of lines 1 a and 2a is greater than 250, you may be required to a-file (see instructions) . .
Did the organization have unrelated business gross income of $1,000 or more during the year?
. . . .
If "Yes," has it filed a Form 990-T for this year? If "No," provide an explanation in Schedule 0 . . .
At any time during the calendar year, did the organization have an interest in, or a signature or other authority
over, a financial account in a foreign country (such as a bank account, securities account, or other financial
account)? . .
. . . .
. . . . .
. . .
. . . . .
If "Yes," enter the name of the foreign country: ^
------------------------------------------------------------------------See instructions for filing requirements for Form TD F 90-22.1, Report of- Foreign Bank and Financial Accounts.
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? . .
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
If "Yes" to line 5a or 5b, did the organization file Form 8886-T?
. . . . . . . . . . .
. .
Does the organization have annual gross receipts that are normally greater than $100,000, and did the
organization solicit any contributions that were not tax deductible as charitable contributions? . .
. .
If "Yes," did the organization include with every solicitation an express statement that such contributions or
gifts were not tax deductible? . . . . . . . . . . . . . .
. . . . . . . . .
Organizations that may receive deductible contributions under section 170(c).
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods
and services provided to the payor?
. . .
. . . .
. .
. . .
. .
b
c
If "Yes," did the organization notify the donor of the value of the goods or services provided? . . . . .
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was
required to file Form 8282?
. . .
. .
. . .
. . . . . . . . . . . .
d
e
f
g
h
a
If "Yes," indicate the number of Forms 8282 filed during the year
. . . . . .
7d
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? .
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?
Sponsoring organizations maintaining donor advised funds and section 509 (a)(3) supporting
organizations . Did the supporting organization, or a donor advised fund maintained by a sponsoring
organization, have excess business holdings at any time during the year?
. . . . . . . . . . .
Sponsoring organizations maintaining donor advised funds.
Did the organization make any taxable distributions under section 4966?
. . . .
. . . .
b
Did the organization make a distribution to a donor, donor advisor, or related person?
8
9
10
a
b
11
a
b
12a
b
13
a
b
c
14a
b
.
Section 501(c)(7) organizations . Enter:
Initiation fees and capital contributions included on Part VIII, line 12
. . .
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities .
Section 501(c)(12) organizations . Enter:
Gross income from members or shareholders . . . . . . . . . . . . .
Gross income from other sources (Do not net amounts due or paid to other sources
against amounts due or received from them) . . .
. .
. . . .
.
.
.
.
.
.
1c
✓
2b
✓
❑
No
3a
3b
✓
4a
✓
_
5a
5b
5c
✓
✓
6a
✓
6b
_
7a
7b
7c
7e
7f
7g
7h
8
9a
9b
10a
10b
11a
11b
Section 4947(a)(1) non-exempt charitable trusts . Is the organization filing Form 990 in lieu of Form 1041?
If "Yes," enter the amount of tax-exempt interest received or accrued during the year .
12b
Section 501 (c)(29) qualified nonprofit health insurance issuers.
Is the organization licensed to issue qualified health plans in more than one state?
. . . .
Note . See the instructions for additional information the organization must report on Schedule 0.
Enter the amount of reserves the organization is required to maintain by the states in which
. . . . .
the organization is licensed to issue qualified health plans
13b
. . . . . . . . . .
Enter the amount of reserves on hand
13c
. . .
Did the organization receive any payments for indoor tanning services during the tax year? .
If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule 0
.
12a
13a
14a
14b
Form 990 (2012)
Form 990 (2012)
Page 6
Governance, Management, and Disclosure For each "Yes" response to lines 2 through 7b below, and for a "No"
response to line 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule 0 contains a response to any question in this Part VI
. ❑
Section A. Governing Body and Management
Yes
la
b
2
3
4
5
6
7a
b
8
a
b
9
Enter the number of voting members of the governing body at the end of the tax year. .
If there are material differences in voting rights among members of the governing body, or
if the governing body delegated broad authority to an executive committee or similar
committee, explain in Schedule O.
No
la
Enter the number of voting members included in line 1 a, above, who are independent
1b
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with
any other officer, director, trustee, or key employee?
. . . . . . . . . . . . . . .
Did the organization delegate control over management duties customarily performed by or under the direct
supervision of officers, directors, or trustees, or key employees to a management company or other person?
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed?
Did the organization become aware during the year of a significant diversion of the organization's assets?
. . . . . . . . . . .
Did the organization have members or stockholders ? . .
Did the organization have members, stockholders, or other persons who had the power to elect or appoint
one or more members of the governing body?
. . . . .
. . .
. . . .
. .
Are any governance decisions of the organization reserved to (or subject to approval by) members,
stockholders, or persons other than the governing body? .
. . . . . . .
Did the organization contemporaneously document the meetings held or written actions undertaken during
the year by the following:
The governing body? . . . . . . . .
. . . . . . . . . . . . .
. .
. . .
Each committee with authority to act on behalf of the governing body?
. . . .
. . . . . . .
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at
the organization's mailing address? If "Yes, " provide the names and addresses in Schedule O . . .
2
3
4
5
6
✓
✓
✓
✓
✓
✓
7a
7b
8a
8b
✓
✓
9
✓
Section B. Policies (this Section B requests information about policies not required by the Internal Revenue Code.)
Yes
10a
b
11a
b
12a
b
c
13
14
15
Did the organization have local chapters, branches, or affiliates ?
. . . . . . . . . . . .
If "Yes," did the organization have written policies and procedures governing the activities of such chapters,
affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form?
Describe in Schedule 0 the process, if any, used by the organization to review this Form 990.
Did the organization have a written conflict of interest policy? If "No,"go to line 13
. .
. . .
Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts?
Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes,"
describe in Schedule 0 how this was done . . . . . . . . . . . . . .
Did the organization have a written whistleblower policy?
Did the organization have a written document retention and destruction policy?
. . . . . .
No
10a
✓
10b
11a
✓
✓
12a
12b
12c
13
14
✓
✓
Did the process for determining compensation of the following persons include a review and approval by
independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
b
16a
b
The organization's CEO, Executive Director, or top management official . . . . . . . .
Other officers or key employees of the organization . . . . . . . .
.
If "Yes" to line 15a or 15b, describe the process in Schedule 0 (see instructions).
Did the organization invest in, contribute assets to, or participate in a joint venture or similar
. . .
with a taxable entity during the year? . . . . .
. . . .
.
.
.
.
.
15a
15b
arrangement
. . . .
16a
If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its
participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the
organization's exempt status with respect to such arrangements? . . . . . . .
. . .
. •
16b
✓
✓
J
✓
Section C . Disclosure
17
18
19
20
List the states with which a copy of this Form 990 is required to be filed ^
MASSACHUSETTS
Section 6104 requires an organization to make its Forms 1023 (or 1024 if applicable), 990, and 990 T (Section 501(c)(3)s only)
available for public inspection Indicate how you made these available. Check all that apply
❑ Upon request
❑ Other (explain in Schedule 0)
❑ Own website
❑ Another's website
Describe in Schedule 0 whether (and if so, how), the organization made its governing documents, conflict of interest policy,
and financial statements available to the public during the tax year.
State the name, physical address, and telephone number of the person who possesses the books and records of the
organization: ^ Debbie Flanigan , 45 Klebart Av . Webster . MA 01570 . USA and SvIvie Mellinger 1 rue Cassini 67400 Illkirch , France
Form 990 (2012)
Form 990 (2012)
Page 7
Compensation of Officers , Directors, Trustees , Key Employees , Highest Compensated Employees, and
Independent Contractors
Check if Schedule 0 contains a response to any question in this Part VII
. ❑
Section A. Officers , Directors, Trustees, Key Employees, and Highest Compensated Employees
la Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the
organization's tax year.
• List all of the organization' s current officers, directors, trustees (whether individuals or organizations), regardless of amount of
compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.
• List all of the organization' s current key employees, if any. See instructions for definition of "key employee."
• List the organization's five current highest compensated employees (other than an officer, director, trustee, or key employee)
who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the
organization and any related organizations.
• List all of the organization' s former officers, key employees, and highest compensated employees who received more than
$100,000 of reportable compensation from the organization and any related organizations.
• List all of the organization' s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.
List persons in the following order: individual trustees or directors; institutional trustees; officers, key employees; highest
compensated employees, and former such persons.
❑ Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(c)
(A)
Name and Title
Position
(B)
( D)
(E)
(do not check more than one
Average
Reportable
Reportable
box. unless person is both an
hours per
compensation compensation from
officer and a director/trustee)
week (list any o
T = -n
from
related
o
hours for
'
'
organizations
the
3,0
2.2.9related
a
organization
(IN-2/1099-MISC)
is o
organizations
(W-2/1099-MISC)
m
below dotted
p
9
line)
N_
m
Ms_ BUKLEY_ AngeIia-------------------------------- ---- 0----ISU Dean -Vice-President for Academic Affairs
✓
(2) Mr. BRODY Steven
----- 24 ------ ---------------------------------------------------------- Vice-President for North American Office
(F)
Estimated
amount of
other
compensation
from the
organization
and related
organizations
142 , 558
✓
69 , 911
( 3) Prof .- OOSTERLINCK- Rend ------------------------- --------------- Board of Directors
✓
0
(4) Mr. RISHIKOF Brian
--------------------------- -l ---------------------------------- ------------Board of Directors
✓
0
-(5) -Mr.- SALLABERGER Chris -------------------------- - ------------Board of Directors
✓
0
(6)
-------------------------------------------------------------- ------------(-7)
--------------------------------------------------------------------------
(8)
--------------------------------------------------------------------------(9)
--------------------------------------------------------------- ------------(1 0)
------------------------------------------------------------------------(11)
--------------------------------------------------------------- ------------(1 2)
--------------------------------------------------------------------------
(1-3)
-------------------------------------------------------------------------(14)
Form 990 (2012)
Form 990 (2012)
Page 8
Section A. Officers, Directors , Trustees , Key Employees , and Highest Compensated Employees (continued)
(C)
Position
(g)
(A)
(D)
(E)
(do not check more than one
Average
Reportable
Reportable
box, unless person is both an
hours per
compensation
compensation from
officer and a director/trustee )
week (list any
m
from
related
-n
o'
o
hours for
Q
- m 300
the
organizations
a
related
a
m
organization
(W-2/1099-MISC)
organizations
r
3
- (W-2/1099-MISC)
below dotted °
P
3
line)
Name and title
m
y
(F)
Estimated
amount of
other
compensation
from the
organization
and related
organizations
N
(15)
--------------------------------------------------------------- ------------(1 6)
--------------------------------------------------------------------------
(1-7)
-------------
(1 8)
-------------------------------------------------------------------------(1 9)
-------------------------------------------------------------------------(20)
--------------------------------------------------------------- -------------
(21)
--------------------------------------------------------------- ------------(22)
--------------------------------------------------------------------------(23)
--------------------------------------------------------------- ------------(24)
--------------------------------------------------------------- ------------(25)
--------------------------------------------------------------- ------------1b
c
d
2
Sub -total .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
Total from continuation sheets to Part VII, Section A
Total (add lines 1b and 1c)
.
.
.
.
.
.
.
.
^
212 , 469
. ^
. ^
212 , 469 1
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of
reportable compensation from the organization ^ 1
Yes
3
Did the organization list any former officer , director, or trustee , key employee, or highest compensated
employee on line 1 a? If "Yes, " complete Schedule J for such individual . . . . . . . . .
4
For any individual listed on line 1 a, is the sum of reportable compensation and other compensation from the
organization and related organizations greater than $150 , 000? If " Yes," complete Schedule J for such
individual
. . .
. . . . . . . . . . . . . . . . .
. . . .
Did any person listed on line 1 a receive or accrue compensation from any unrelated organization or individual
for services rendered to the organization? If "Yes," complete Schedule J for such person
.
5
No
3
✓
4
✓
5
✓
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of
compensation from the organization. Report compensation for the calendar year ending with or within the organization's tax
year.
(A)
Name and business address
2
(B)
Description of services
(C)
Compensation
Total number of independent contractors (including but not limited to those listed above) who
received more than $100,000 of compensation from the organization ^
0
Form 990 (2012)
Form 990 (2012)
Page 9
Statement of Revenue
Check if Schedule 0 contains a response to any question in this Part VIII..
(A)
Total revenue
la
o
b
Federated campaigns .
Membership dues . .
c
Fundraising events .
E
ò N
d
e
f
Related organizations . . .
Government grants (contributions)
All other contributions , gifts, grants,
and similar amounts not included above
C .
ci o
g
h
Noncash contributions included in lines 1a-1f: $
Total. Add lines 1 a-1 f . . . . .
.
(C)
(D)
Unrelated
business
revenue
Revenue
excluded from tax
under sections
512, 513, or 514
❑
la
lb
.
1C
45 , 025
ld
le
189, 447
1f
96, 849
.
.
CD
.
^
.
331 , 321
Business Code
2a
cc
b
c
d
e
f
9
E
2
o
a`
3
Prg serv incl . gvt fees & contracts
140,737
-------------------------------------------- - --
-----------------------------------------------
----------------------------------------------All other program service revenue .
Total . Add lines 2a-2f
^
Investment income (including dividends, interest,
and other similar amounts) . . . . . . . ^
4
5
Income from investment of tax-exempt bond proceeds ^
. ^
Royalties .
6a
b
c
d
7a
Gross rents . .
Less: rental expenses
Rental income or (loss)
Net rental income or (loss)
(i) Securities
Gross amount from sales of
assets other than inventory
b
Less: cost or other basis
and sales expenses
c
Gain or (loss) .
d
Net gain or (loss)
8a
4)
W
.
.
.
.
.
a
b
c
10a
Less: direct expenses . . . .
b
Net income or (loss) from gaming acti vities .
Gross sales of inventory, less
returns and allowances
. . .
a
Less: cost of goods sold . . .
b
Net income or (loss) from sales of inventory
Miscellaneous Revenue
b
C
d
e
12
^
8,059
23, 778 _
. ^
Less: direct expenses . . . .
b
Net income or (loss) from fundraising events
Gross income from gaming activities.
. . . . .
a
See Part IV , line 19
11a
.
Gross income from fundraising
events (not including $
45 025
of contributions reported on line 1c).
b
c
9a
b
C
140 , 737
. ^
(ii) Other
See Part IV , line 18
0
Related
or
It
exempt
function
revenue
.
^
.
^
( 15 , 719 )
Business Code
Interest Income
9
----------------------------------------------Dividend income
280
-----------------------------------------------
---------------------------------------------All other revenue
. . . .
Total . Add lines 11 a-11 d . . .
Total revenue . See instructions.
.
.
.
.
.
.
.
^
^
Form VVU (2012)
Page 10
Form 990 (2012)
Section 501(c)(3) and 501(c)(4) organizations must complete all columns All other organizations must complete column (A).
Check if Schedule 0 contains a response to any question in this Part IX
Do not include amounts reported on lines 6b, 7b,
8b, 9b, and 10b of Part Vlll.
1
3
Grants and other assistance to governments,
organizations, and individuals outside the
United States. See Part IV, lines 15 and 16
4
Benefits paid to or for members
5
Compensation of current officers, directors,
trustees, and key employees
. . .
6
Compensation not included above, to disqualified
persons (as defined under section 4958(f)(1)) and
persons described in section 4958(c)(3)(B) . .
7
8
Other salaries and wages
. . . . . .
Pension plan accruals and contributions (include
section 401(k) and 403(b) employer contributions)
9
Other employee benefits .
.
Payroll taxes
.
10
11
.
.
.
.
.
.
.
.
[1
(D)
Fundraising
expenses
(C)
Management and
general expenses
.
.
.
.
96, 481
96, 481
240 , 047
201 , 051
29,025
29, 025
10, 996
4 , 502
21 , 195
.
.
19 , 498
19 , 498
9 , 209
894
893
3 , 850
326
326
18 , 123
1 , 536
1 , 536
1 , 156
908
1 , 507
1 , 507
Fees for services (non-employees)
a
Management
b
Legal
c
Accounting
.
20, 794
d
e
f
Lobbying . . . . . . .
. . .
Professional fundraising services. See Part IV, line 17
Investment management fees
. . .
4 , 900
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
2 , 064
.
.
.
Other. (If line 11g amount exceeds 10% of line 25, column
(A) amount, list line 11g expenses on Schedule 0.) .
.
g
1 , 418
1 , 212
103
103
.
670
670
0
0
.
.
.
4 091
209
3 , 882
0
.
.
.
3 , 197
0
3 , 197
0
.
.
.
.
.
10 015
8 , 389
813
813
1 , 865
1 , 865
0
0
.
13
Office expenses
.
.
.
14
Information technology
.
15
16
Royalties .
Occupancy
.
.
.
.
17
Travel
.
18
Payments of travel or entertainment expenses
for any federal, state, or local public officials
.
.
.
.
.
.
.
.
.
.
.
.
.
.
19
Conferences, conventions, and meetings
20
Interest
21
Payments to affiliates .
22
Depreciation, depletion, and amortization
23
Insurance
24
Other expenses. Itemize expenses not covered
above (List miscellaneous expenses in line 24e. If
line 24e amount exceeds 10% of line 25, column
(A) amount, list line 24e expenses on Schedule 0.)
a
b
c
d
e
.
.
.
.
.
.
.
.
.
.
.
4 , 900
.
Advertising and promotion
.
17 , 780
.
12
26
.
(B)
Program service
expenses
Grants and other assistance to governments and
organizations in the United States. See Part IV, line 21
Grants and other assistance to individuals in
the United States. See Part IV, line 22
2
25
(A)
Total expenses
.
.
.
4 , 056
4 , 056
.
----------------------------------------------------------------------------------------------------------------------------------------------------------------------- - ------All other expenses
------------------------- ---- - - -Total functional expenses . Add lines 1 through 24e
455 , 316
387 , 864
36 , 968
30 , 484
Joint costs. Complete this line only if the
organization reported in column (B) joint costs
from a combined educational campaign and
if
fundraising solicitation. Check here ^ ❑
following SOP 98-2 (ASC 958-720)
Form 9IU (2012)
11
Form 990 (2012)
Check if Schedule 0 contains a res ponse to any q uestion in this Part X
.
(A)
Beginning of year
1
Cash-non-interest-bearing
.
.
.
.
.
.
2
3
Savings and temporary cash investments
Pledges and grants receivable, net . .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
4
Accounts receivable, net
.
.
.
.
.
.
.
5
Loans and other receivables from current and former officers, directors,
trustees, key employees, and highest compensated employees.
Complete Part II of Schedule L .
. . . . . . . . . . .
7
8
9
10a
b
11
12
13
14
15
16
17
18
19
20
21
22
-J
.
.
.
.
.
.
.
.
.
.
.
.
.
140 , 443
1
94 , 855
135,102
2
135 , 102
132 , 248
4
3
Notes and loans receivable, net
Inventories for sale or use . . . . .
Prepaid expenses and deferred charges
Land, buildings, and equipment: cost or
other basis Complete Part VI of Schedule
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
8,967
D
10a
19, 112
Less: accumulated depreciation
. . .
10b
19, 112
Investments-publicly traded securities
. . .
Investments-other securities. See Part IV, line 11
. . . . . .
Investments-program-related. See Part IV, line 11
. . . .
Intangible assets
. . . .
. . . . . . . . . . .
Other assets. See Part IV, line 11 . . . .
. . . . . . . .
Total assets . Add lines 1 throu g h 15 (must eq ual line 34)
Accounts payable and accrued expenses .
. . . . . . . .
Grants payable . . .
. . .
. . . . . .
. . . .
Deferred revenue
. . . .
. . . . .
. . . . .
Tax-exempt bond liabilities . . .
. . . . . . . . . . .
Escrow or custodial account liability. Complete Part IV of Schedule D .
Loans and other payables to current and former officers, directors,
trustees, key employees, highest compensated employees, and
disqualified persons. Complete Part II of Schedule L
. . .
. .
23
24
25
Secured mortgages and notes payable to unrelated third parties
Unsecured notes and loans payable to unrelated third parties . . .
Other liabilities (including federal income tax, payables to related third
parties, and other liabilities not included on lines 17-24). Complete Part X
of Schedule D . . . . . . . . . . . .
. . .
26
Total liabilities. Add lines 17 throu g h 25
❑
Organizations that follow SFAS 117 (ASC 958), check here ^
90, 432
5
Loans and other receivables from other disqualified persons (as defined under section
4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and
sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary
organizations (see instructions). Complete Part II of Schedule L.. . . . . . .
6
y
a
.
❑
(B)
End of year
6
7
8
9
4 , 057 10c
11
12
13
14
5 , 000 15
425 , 817 16
394,853 17
18
16, 250 19
20
21
2,256
J
0
5 , 000
327 , 645
311,618
0
22
23
24
25
411 , 103 26
311 , 618
27
16,027
and
complete lines 27 through 29, and lines 33 and 34.
4)
27
Unrestricted net assets
m
v
28
29
Temporarily restricted net assets
. . . . .
. . . . .
Permanently restricted net assets . . . . . . .
. . . . .
Organizations that do not follow SFAS 117 (ASC 958), check here ^ ❑ and
o
30
31
32
33
34
.
.
.
.
.
.
.
.
.
.
.
.
.
.
14,714
28
29
complete lines 30 through 34.
to
<
6
Z
Capital stock or trust principal, or current funds . . . . . . . .
Paid-in or capital surplus, or land, building, or equipment fund . . .
Retained earnings, endowment, accumulated income, or other funds
Total net assets or fund balances .
. .
Total liabilities and net assets/fund balances
144 , 714
425 817
30
31
32
33
34
16, 027
327 , 645
Form 990 (2012)
Form 990 (2012)
Page 12
Reconciliation of Net Assets
Check if Schedule 0 contains a response to any question in this Part XI
Total revenue (must equal Part VIII, column (A), line 12) . . . . .
Total expenses (must equal Part IX, column (A), line 25)
. . . . . . . . .
Revenue less expenses. Subtract line 2 from line 1 .
. . . . . . . . .
Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A))
Net unrealized gains (losses) on investments . . .
. . . . . . . . . . .
Donated services and use of facilities
. . . . . .
Investment expenses
Prior period adjustments . .
. . . . . .
. . . .
Other changes in net assets or fund balances (explain in Schedule 0) . . . . . . .
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part
33, column (B)) . . . . . . . . . . . . . . . . . . . . . . . . .
1
2
3
4
5
6
7
8
9
10
.
.
.
.
.
.
.
.
.
.
.
. .
X, line
❑
1
2
3
4
5
6
7
8
9
456 , 629
455 , 316
1 , 313
14 , 714
10
16 , 027
Financial Statements and Reporting
Check if Schedule 0 contains a response to any question in this Part XII
.
Yes
Accounting method used to prepare the Form 990: ❑ Cash
1
❑ Accrual
❑ Other
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.
,
2a
Were the organization's financial statements compiled or reviewed by an independent accountant? . . .
If "Yes," check a box below to indicate whether the financial statements for the year were compiled or
reviewed on a separate basis, consolidated basis, or both:
b
❑ Separate basis
❑ Consolidated basis
❑ Both consolidated and separate basis
Were the organization's financial statements audited by an independent accountant ?
. .
If "Yes," check a box below to indicate whether the financial statements for the year were audited on a
separate basis, consolidated basis, or both
c
❑ Separate basis
❑ Both consolidated and separate basis
❑ Consolidated basis
If "Yes" to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight
of the audit, review, or compilation of its financial statements and selection of an independent accountant?
3a
b
❑
No
If the organization changed either its oversight process or selection process during the tax year, explain in
Schedule O.
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in
the Single Audit Act and OMB Circular A-133?
. . . . . . .
. . . . . . . .
If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the
required audit or audits, explain why in Schedule 0 and describe any steps taken to undergo such audits
J
✓
2a
2b
✓
2c
✓
3a
✓
3b
Form 990 (2012)
SCHEDULE A
OMB No 1545-0047
Public Charity Status and Public Support
(Form 990 or990 -EZ)
^^ 12
Complete if the organization is a section 501 (c)(3) organization or a section
4947(a)(1) nonexempt charitable trust.
Name of the organization
• -
•
Employer Identification number
I
INTERNATIONAL SPACE UNIVERSITY ORGANIZATION INC.
• fl i1
N
LeTim-As
^ Attach to Form 990 or Form 990-EZ . ^ See separate instructions.
52-1511773
Reason for Public Charity Status (All oraanizations must complete this part.) See instructions.
The organization is not a private foundation because it is. (For lines 1 through 11, check only one box.)
1 ❑ A church, convention of churches, or association of churches described in section 170 (b)(1)(A)(i).
2 ❑ A school described in section 170 (b)(1)(A)(ii). (Attach Schedule E.)
3 ❑ A hospital or a cooperative hospital service organization described in section 170 (b)(1)(A)(iii).
4 ❑ A medical research organization operated in conjunction with a hospital described in section 170 (b)(1)(A)(iii). Enter the
hospital's name, city, and state:
--------------------------------------------------------------------------------------------------------------------5 ❑ An organization operated for the benefit of a college or university owned or operated by a governmental unit described in
section 170(b)(1)(A)(iv). (Complete Part II )
6
7
❑ A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).
An organization that normally receives a substantial part of its support from a governmental unit or from the general public
described in section 170(b)(1)(A)(vi). (Complete Part II.)
8
9
❑ A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)
❑ An organization that normally receives: (1) more than 331/3% of its support from contributions, membership fees, and gross
receipts from activities related to its exempt functions-subject to certain exceptions, and (2) no more than 33'/3% of its
support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses
acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III )
10
11
❑ An organization organized and operated exclusively to test for public safety. See section 509(a)(4).
❑ An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the
purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section
509(a)(3). Check the box that describes the type of supporting organization and complete lines 11 a through 11 h
a ❑ Type I
b ❑ Type II
c ❑ Type Ill-Functionally integrated
d ❑ Type III-Non-functionally integrated
e ❑ By checking this box, I certify that the organization is not controlled directly or indirectly by one or more disqualified persons
other than foundation managers and other than one or more publicly supported organizations described in section 509(a)(1)
or section 509(a)(2).
f
If the organization received a written determination from the IRS that it is a Type I, Type II, or Type III supporting
organization, check this box . . . . . . . . . . .
. . . . . . . . . .
. . . .
❑
Since August 17, 2006, has the organization accepted any gift or contribution from any of the
g
following persons?
Yes No
(i) A person who directly or indirectly controls, either alone or together with persons described in (II) and
(III) below, the governing body of the supported organization ? . . . .
. . . . . .
1lg(i)
h
(ii) A family member of a person described in (I) above? .
. . .
(iii) A 35% controlled entity of a person described in (I) or (II) above? .
Provide the following information about the supported organization(s).
(i) Name of supported
organization
(ii) EIN
(u) Type of organization
(described on lines 1-9
above or IRC section
(see instructions ))
(iv) Is the organization
in col (i) listed in your
governing document?
Yes
No
.
.
.
.
.
.
(v) Did you notify
the organization in
col (i) of your
support?
Yes
No
.
.
.
.
.
.
(VI) Is the
organization in col
(i) organized in the
US?
Yes
.
11g(li)
1lg(m)
(vii) Amount of monetary
support
No
(A)
(B)
(C)
(D)
(E)
Total
For Paperwork Reduction Act Notice , see the Instructions for
Form 990 or 990-EZ.
Cat No 11285E
Schedule A (Form 990 or 990-EZ) 2012
Page 2
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under
Part Ill. If the organization fails to qualify under the tests listed below, please complete Part 111.)
Section A. Public Support
Calendar year (or fiscal year beginning in) ^
1
Gifts,
grants,
contributions,
and
membership fees received. (Do not
(a) 2008
include any "unusual grants .")
2
Tax
revenues
levied
for
the
organization's benefit and either paid
to or expended on its behalf . .
3
The value of services or facilities
furnished by a governmental unit to the
organization without charge . . . .
4
Total. Add lines 1 through 3 .
5
The portion of total contributions by
each
person
(other
than
a
governmental
unit
or
publicly
supported organization) included on
line 1 that exceeds 2% of the amount
shown on line 11, column (f) . . . .
6
Public support. Subtract line 5 from line 4.
(b) 2009
(c) 2010
(d) 2011
(e) 2012
(f) Total
615 , 615
294 , 972
432,630
313 , 190
286 , 296
1 , 942 , 703
615, 615
294 , 972
432,630
313, 190
286 , 296
1 , 942 , 703
746 , 884
1 , 195 , 819
Section B. Total Support
7
Amounts from line 4
(a) 2008
(b) 2009
(c) 2010
(d) 2011
(e) 2012
(f) Total
615 , 615
294 , 972
432 , 630
313 , 190
286 , 296
1 , 942 , 703
534
395
347
549
289
2 , 114
8
Gross income from interest, dividends,
payments received on securities loans,
rents, royalties and income from similar
sources
. . . . . . . . . .
9
Net income from unrelated business
activities, whether or not the business
is regularly carried on
. . . . .
10
Other Income. Do not include gain or
loss from the sale of capital assets
(Explain in Part IV)
. . . . .
11
Total support . Add lines 7 through 10
12
Gross receipts from related activities, etc. (see instructions)
1 , 944 , 817
12
701 135
First five years . If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3)
13
organization, check this box and stop here
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
Section C . Computation of Public Support Percentage
14
Public support percentage for 2012 (line 6, column (f) divided by line 11, column (f))
14
15
Public support percentage from 2011 Schedule A, Part II, line 14
. . . . .
. .
15
16a 33 1 /3% support test - 2012 . If the organization did not check the box on line 13, and line 14 is 331/3% or
box and stop here . The organization qualifies as a publicly supported organization
. . . . . .
b 33113 % support test - 2011 . If the organization did not check a box on line 13 or 16a, and line 15 is
check this box and stop here . The organization qualifies as a publicly supported organization
. . .
.
.
.
^
61 , 5 %
77 , 5 %
more, check this
. . .
^
331/3% or more,
. . . .
^
17a
10%-facts - and-circumstances test - 2012. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is
10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here . Explain in
Part IV how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported
organization .
. . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . .
^
b
10%-facts -and-circumstances test-2011 . If the organization did not check a box on line 13, 16a, 16b, or 17a, and line
15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here.
Explain in Part IV how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly
^
. .
. . . . . . . .
. . .
. . . . . . .
supported organization . .
Private foundation . If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
^
. . .
. . . .
. . . . . . . .
instructions . . . . . . . . .
18
❑
❑
❑
Page 3
Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II.
If the organization fails to qualify under the tests listed below, please complete Part II.)
Section A. Public Support
1
Gifts, grants, contributions, and membership fees
received. (Do not include any "unusual grants.")
2
Gross receipts from admissions, merchandise
sold or services performed, or facilities
furnished in any activity that is related to the
organization's tax-exempt purpose . . .
3
Gross receipts from activities that are not an
(a) 2008
(b) 2009
(c) 2010
(d) 2011
(e) 2012
(f) Total
(a) 2008
(b) 2009
(c) 2010
(d) 2011
(e) 2012
(f) Total
unrelated trade or business under section 513
4
Tax
revenues
levied
for
the
organization's benefit and either paid
to or expended on its behalf . . .
5
The value of services or facilities
furnished by a governmental unit to the
organization without charge . . .
6
7a
Total . Add lines 1 through 5 . . . .
Amounts included on lines 1, 2, and 3
received from disqualified persons
b
Amounts included on lines 2 and 3
from other than disqualified
received
persons that exceed the greater of $5,000
or 1 % of the amount on line 13 for the year
c
Add lines 7a and 7b . . . . . .
Public support (Subtract line 7c from
line 6.) . . . . . . . .
8
Section B. Total Support
Amounts from line 6 . . . . . .
9
10a Gross income from interest, dividends,
payments received on securities loans, rents,
royalties and income from similar sources .
11
12
13
14
b
Unrelated business taxable income (less
section 511 taxes) from businesses
acquired after June 30, 1975 . . . .
c
Add lines 10a and 1 Ob
Net income from unrelated business
activities not included in line 10b, whether
or not the business is regularly carried on
Other Income. Do not include gain or
loss from the sale of capital assets
(Explain in Part IV.) . . . .
Total support. (Add lines 9, 10c, 11,
and 12.)
. . .
. . . . .
First five years . If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3)
organization, check this box and stop here
. . . . . . . .
. . .
. . . . . . . . . . . . ^ ❑
Section C . Computation of Public Support Percentage
15
%
15
Public support percentage for 2012 (line 8, column (f) divided by line 13, column (f)) . . . . .
16
Public support percentage from 2011 Schedule A, Part III, line 15
16
%
Section D . Computation of Investment Income Percentage
17
%
17
Investment income percentage for 2012 (line 1 Oc, column (f) divided by line 13, column (f)) . . .
. . . .
18
%
Investment income percentage from 2011 Schedule A, Part III, line 17 . . . .
18
19a 331,3 % support tests - 2012. If the organization did not check the box on line 14, and line 15 is more than 331 3%, and line
^ ❑
17 is not more than 331/3%, check this box and stop here . The organization qualifies as a publicly supported organization .
and
and
line
16
is
more
than
331/3%,
organization
did
not
check
a
box
on
line
14
or
line
19a,
2011
.
If
the
b 331/3% support tests line 18 is not more than 331/3%, check this box and stop here . The organization qualifies as a publicly supported organization ^ ❑
20
Private foundation . If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions ^ ❑
Page 4
Supplemental Information . Complete this part to provide the explanations required by Part II, line 10;
Part II, line 17a or 17b; and Part III, line 12. Also complete this part for any additional information. (See
Instructions).
SCHEDULE D
(Form 990)
OMB No 1545-0047
Supplemental Financial Statements
2012
^ Complete if the organization answered " Yes," to Form 990,
Part IV, line 6,7,8,9, 10, 11a, 11b , 11c, 11d, 11e, 11f, 12a, or 12b.
^ Attach to Form 990 . ^ See separate instructions.
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts . Complete if the
organization answered "Yes" to Form 990, Part IV, line 6.
(a) Donor advised funds
1
2
3
4
5
(b) Funds and other accounts
Total number at end of year .
. . .
Aggregate contributions to (during year)
Aggregate grants from (during year) .
Aggregate value at end of year
. . .
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised
funds are the organization's property, subject to the organization's exclusive legal control?
. . . .
❑ Yes ❑ No
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used
only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose
conferring impermissible private benefit?
. . .
. . . . . . . . . . . . . . . . . .
❑ Yes ❑ No
Conservation Easements . Complete if the organization answered "Yes" to Form 990, Part IV, line 7.
Purpose(s) of conservation easements held by the organization (check all that apply).
❑ Preservation of land for public use (e.g., recreation or education) ❑ Preservation of an historically important land area
❑ Protection of natural habitat
❑ Preservation of a certified historic structure
❑ Preservation of open space
Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation
easement on the last day of the tax year.
6
1
2
I Held at the End of the Tax Year
a
b
c
d
3
4
5
6
Total number of conservation easements .
. . . .
. . . . . . . . . .
2a
Total acreage restricted by conservation easements . . . . . . . .
. . .
2b
Number of conservation easements on a certified historic structure included in (a) . . .
2c
Number of conservation easements included in (c) acquired after 8/17/06, and not on a
historic structure listed in the National Register . . . . . . . . . . . . .
2d
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year ^
-------------------------Number of states where property subject to conservation easement is located ^
--------------------Does the organization have a written policy regarding the periodic monitoring, inspection, handling of
violations, and enforcement of the conservation easements it holds? . . . . . .
. .
. .
❑ Yes ❑ No
Staff and volunteer hours devoted to monitoring, inspecting, and enforcing conservation easements during the year
-------------------Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year
1111. $
--------------------Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)
(i) and section 170(h)(4)(B)(ii)? . . . . . . . . . . . . . . . . . . . . . . . . . .
❑ Yes ❑ No
In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization's financial statements that describes the
organization's accounting for conservation easements.
7
8
9
Organizations Maintaining Collections of Art, Historical Treasures , or Other Similar Assets.
Complete if the organization answered "Yes" to Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet
works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of
public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet
works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of
public service, provide the following amounts relating to these items:
(i) Revenues included in Form 990, Part VIII, line 1
. . . . . . . . . . . . . . ^ $
---------------------------^ $
(ii) Assets included in Form 990, Part X .
---------------------------If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under SFAS 116 (ASC 958) relating to these items:
2
a
b
Revenues included in Form 990, Part VIII, line 1
Assets included in Form 990, Part X
.
.
.
.
For Paperwork Reduction Act Notice , see the Instructions for Form 990 .
.
.
.
.
.
.
.
Cat No 52283D
.
.
.
^
^
$
---------------------------$
Schedule D (Form 990) 2012
Page 2
Organizations Maintaining Collections of Art, Historical Treasures , or Other Similar Assets (continued)
Using the organization's acquisition, accession, and other records, check any of the following that are a significant use of its
collection items (check all that apply):
3
a
b
c
4
❑ Public exhibition
d ❑ Loan or exchange programs
❑ Scholarly research
e ❑ Other
--------------------------------------------------------------❑ Preservation for future generations
Provide a description of the organization's collections and explain how they further the organization's exempt purpose in Part
XIII.
During the year, did the organization solicit or receive donations of art, historical treasures, or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization's collection?
. .
❑ Yes ❑ No
air" Escrow and Custodial Arrangements . Complete if the organization answered "Yes" to Form 990, Part IV,
line 9, or reported an amount on Form 990, Part X, line 21.
la Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? . . . . . . . . . . . . . . . . . . . . . . . . . .
❑ Yes ❑ No
b If "Yes," explain the arrangement in Part XIII and complete the following table:
Amount
5
. . . . . . . .
. . .
c Beginning balance .
. . .
1c
. . . . . . . . . . . . . . . . . . .
d Additions during the year
1d
e Distributions during the year
. . . . . . . .
. . . . . . . . .
le
f Ending balance . . .
. . . . . . . .
. . . . . . . .
if
. . .
❑ Yes ❑ No
2a Did the organization include an amount on Form 990, Part X, line 21 ? . . . . .
b If "Yes," ex p lain the arran g ement in Part XIII. Check here if the ex p lanation has been provided in Part XIII
❑
K7MTW Endowment Funds . Complete if the organization answered "Yes" to Form 990, Part IV, line 10.
(a) Current year
la
b
c
Beginning of year balance
Contributions
.
Net investment earnings, gains, and
losses . .
. . .
. . .
d
e
Grants or scholarships
. . .
Other expenditures for facilities and
programs . . . . . . . . .
f
g
2
a
b
c
3a
b
4
(c) Two years back
86,343
1 , 725
(d) Three years back
(e) Four years back
49, 400
2,915
1,415
36, 943
46 , 485
1 , 500
Administrative expenses . . . .
End of year balance . . .
86,343
86 , 343
88 , 068
49 , 400
Provide the estimated percentage of the current year end balance (line 1 g, column (a)) held as:
94.7%
Board designated or quasi-endowment ^
------------- ----5.3%
Permanent endowment ^
----------------Temporarily restricted endowment ^
%
-----------------The percentages in lines 2a, 2b,.and 2c should equal 100%.
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:
. . . .
. . .
. . .
(i) unrelated organizations .
(ii) related organizations . . . . . . . . . . . . . . . . . .
If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R'
Describe in Part XIII the intended uses of the organization's endowment funds.
Land , Buildings, and Equipment . See Form 990, Part X, line 10.
(a) Cost or other basis
(investment )
Description of property
la
b
c
(b) Prior year
86,343
Land .
.
Buildings . . . . . .
Leasehold improvements
.
.
.
.
.
.
.
.
d
Equipment
.
.
.
.
e
Other
.
.
.
.
.
.
.
.
(b) Cost or other basis
(other)
1 , 677 1
Total . Add lines 1 a throu g h 1 e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
(c) Accumulated
depreciation
2 , 915
Yes
3a(i)
3a(ii)
3b
No
✓
✓
(d) Book value
1 , 677
0
^
Paqe 3
JIMIM
Investments-Other Securities . See Form 990, Part X, l ine 12.
(a) Description of security or category
(including name of security)
(1) Financial derivatives
. . .
(2) Closely-held equity interests .
(3) Other
.
.
.
(b) Book value
.
.
.
.
(c) Method of valuation
Cost or end-of-year market value
.
-----------------------------------------------------
(A)
--- (k ---------------------------------------------------------(B)
----------------------------------------------------------------(C) ------------------------------------------------------
----(bi
----------------------------------------------------------------(^
---- --------------------------------------------------------- --(FI
-----------------------------------------------------------------
(G)
----------------------------------------------------------------(H)
----------------------------------------------------------------(I)
Total. (Column
must equal Form 990, Part X, col (B) line 12 ) ^
Investments - Proaram Related . See Form 990. Part X. line 13.
(a) Description of investment type
(b) Book value
(c) Method of valuation
Cost or end-of-year market value
(1
(2 )
(3)
(4)
(5)
(6)
(7 )
(8
(9)
(10)
Total. (Column (b) must equal Form 990, Part X, col (B) line 13) ^
utner Assets . Jee rorm vvu, cart A, line l5.
(a) Description
Total . (Column (b) must equal Form 990, Part X, col (B) line 15.)
Other Liabilities . See Form 990, Part X, line 25.
1.
(a) Description of liability
(b) Book value
. ^
(b) Book value
(1) Federal income taxes
(2)
(4)
(6)
(8)
(10)
(11)
Total. (Column (b) must equal Form 990, Part X, col (B) line 25) ^
2. FIN 48 (ASC 740) Footnote . In Part XIII , provide the text of the footnote to the organization ' s financial statements that reports the organization's
. . . El
liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII .
ai^
1
2
a
b
c
d
e
3
4
a
b
c
5
Total revenue, gains, and other support per audited financial statements
Amounts included on line 1 but not on Form 990, Part VIII, line 12:
Net unrealized gains on investments . . . . . . . . . . . .
. . . . . . . .
Recoveries of prior year grants . . . .
. . . . . . . . .
Other (Describe in Part XIII.) . . . . .
. . . . . . . .
Add lines 2a through 2d .
. . .
. . . . . . . . . .
Subtract line 2e from line I . . . . . . . . . .
Amounts included on Form 990, Part VIII, line 12, but not on line 1 :
Investment expenses not included on Form 990, Part VIII, line 7b
. .
Other (Describe in Part XIII.) . . . . . . . . . . . . . . .
Add lines 4a and 4b . . . .
. . . . . . . . .
Total revenue. Add lines 3 and 4c. (fhis must equal Form 990, Part 1, line
liaalW
1
2
a
b
c
d
e
3
4
a
b
c
5
Page 4
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
.
.
.
2a
2b
2c
2d
. .
4a
4b
. .
1 2.)
.
.
.
.
.
.
1
S03 , 455
23 , 049
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
23, 778
.
2e
. .
3
46,827
456 , 628
4c
5
456 , 628
.
.
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
Total expenses and losses per audited financial statements . . .
Amounts included on line 1 but not on Form 990, Part IX, line 25:
. . . .
. . . . .
Prior year adjustments
. . . .
. . . . . . .
Other losses . .
. .
. . . . . . . .
Other (Describe in Part XIII.) . . . . . . .
Add lines 2a through 2d
. . . . . . . . . . . . . .
Subtract line 2e from line 1 . . . . . . . . . . . . .
Amounts included on Form 990, Part IX, line 25, but not on line 1:
Investment expenses not included on Form 990, Part VIII, line 7b
.
Other (Describe in Part XIII.) . . . . . . . . . . . . . .
Add lines 4a and 4b
Total expenses Add lines 3 and 4c. (This must equal Form 990, Part
.
.
.
.
.
.
.
2a
2b
2c
2d
. .
.
.
4a
4b
.
.
.
.
.
.
1
502,142
23,049
23, 778
.
.
.
.
.
.
.
2e
3
46,827
455 , 315
line 18 ) .
.
.
.
4c
5
455.315
Complete this part to provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1 a and 4; Part IV, lines lb and 2b;
Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional
information.
The difference between the revenues /expenses reported on audited financial statements and the revenues/expenses reported on Form 990 is
----------------- --------------------------------------------------------------------------- ------------------------------------------------------------------------------ explained - by -the followin9_
---------------------------------------------------------------------------------------------------------------------------------------------
Recharge of research activities costs performed by ISU Organization Inc_ employees to the related ISU France for US$ 23,049 is considered
as a revenue pe--r audited financial statements but as a decrease of costs under Form 990
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------_The direct expenses linked to the organization of the 25th Anniversary
Gala Dinner fundraising--------------------------------------------------------event for US$ 23,778 is considered as an
- ----------------------------expenses per audited financial statements but as a decrease of the gross Income under Form 990
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ------------------------------------------------------
Page 5
Supplemental Information (continued)
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
---------------------- ------------------- ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
SCHEDULE F
(Form 990)
1
Statement of Activities Outside the United States
OMB No 1545-0047
2 012
G1
10- Complete if the organization answered " Yes" to Form 990,
Part IV , line 14b , 15, or 16.
^ Attach to Form 990 . ^ See separate instructions.
• '
•
52-1511773
General Information on Activities Outside the United States . Complete if the organization answered "Yes" to
Form 990, Part IV, line 14b.
1
For grantmakers . Does the organization maintain records to substantiate the amount of its grants and other
assistance, the grantees' eligibility for the grants or assistance, and the selection criteria used to award the
grants or assistance ? . . . . . . . . . . . . . . . . . . . .
. . . . . .
❑ Yes
❑ No
2
For grantmakers . Describe in Part V the organization's procedures for monitoring the use of its grants and other
assistance outside the United States.
3
Activities per Region. (The fo llowing Part I, line 3 table can be duplicated if additional space is needed.)
(a) Region
(1) FRANCE 1 office - Related
(b) Number of
offices in the
region
(c) Number of
employees,
agents , and
independent
contractors
in region
0
4
(d) Activities conducted in
region (by type) (e g .
fundraising, program services,
investments,
grants to recipients
located in the region)
Pro ram services
(e) If activity listed in (d) is
a program service ,
describe specific type of
service( s) in region
Pro ram scholarshi p s
(f) Total
expenditures for
and investments
in region
96,481
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
(13)
(14)
(15)
(16)
(17)
3a
b
c
96,481
Sub-total
Total from continuation
sheets to Part I .
. .
0
Totals (add lines 3a and 3b)
For Paperwork Reduction Act Notice , see the Instructions for Form 990 .
96 , 481
Cat No 50082W
Schedule F ( Form 890) 2012
Schedule F (Form 990) 2012
Page 2
Grants and Other Assistance to Organizations or Entities Outside the United States . Complete if the organization answered "Yes" to Form 990,
Part IV, line 15, for any recipient who received more than $5,000. Part II can be duplicated if additional space is needed.
1
(a) Name of
organization
( b) IRS code
(c) Region
section and EIN
(f applicable)
FRANCE
1)
(d) Purpose of
(a) Amount of
grant
cash grant
Scholarshi p s
(f) Manner of
(g) Amount of
cash
disbursement
non cash
assistance
96 , 481 wire transfer
(1) Method of
valuation
(book, FMV,
appraisal,
d
(h) Description
of non-cash assistance
108 , 062 Academic em p lo yees
Book
2)
3)
4)
5)
6)
8)
9)
10)
11)
12)
13)
14)
15)
16)
2
3
Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt
. . . . . . . . . . . .
^
by the IRS, or for which the grantee or counsel has provided a section 501 (c)(3) equivalency letter
Enter total number of other organizations or entities
^
1
1
Limm
Page 3
Grants and Other Assistance to Individuals Outside the United States . Complete if the organization answered "Yes" to Form 990, Part IV, line 16.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance
(b) Region
(c) Number of
recipients
(d) Amount of
cash grant
(e) Manner of
cash
disbursement
(f) Amount of
non-cash
assistance
(g) Description
of non-cash assistance
(h)
of
(book, FMV,
appraisal,
other)
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
(13)
(14)
(15)
(16)
(1 'n
(18)
Page 4
Foreign Forms
I
2
3
4
5
6
Was the organization a U S. transferor of property to a foreign corporation during the tax year? If "Yes,"
the organization may be required to file Form 926, Return by a U.S. Transferor of Property to a Foreign
Corporation (see Instructions for Form 926) . . . . . . . . . . . . . . . . . . . .
❑ Yes
21 No
Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization
may be required to file Form 3520, Annual Return to Report Transactions with Foreign Trusts and
Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign Trust With a
U.S. Owner (see Instructions for Forms 3520 and 3520-A) . . . . .
. . . . . . . . .
❑ Yes
21 No
Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes,"
the organization may be required to file Form 5471, Information Return of U. S. Persons With Respect To
Certain Foreign Corporations. (see Instructions for Form 5471) . . . . .
. . .
❑ Yes
21 No
Was the organization a direct or indirect shareholder of a passive foreign investment company or a
qualified electing fund during the tax year? If "Yes," the organization may be required to file Form 8621,
Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing
Fund. (see Instructions for Form 8621) . . . .
. . . . . . . . . . . . . .
❑ Yes
❑ No
Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes,"
the organization may be required to file Form 8865, Return of U.S Persons With Respect To Certain
Foreign Partnerships. (see Instructions for Form 8865) . .
. . . . . . . . . . . .
❑ Yes
❑ No
Did the organization have any operations in or related to any boycotting countries during the tax year? If
"Yes," the organization may be required to file Form 5713, International Boycott Report (see Instructions
for Form 5713) . . . . . . . . . . . . . . . . . .
. . . . .
. . .
❑ Yes
❑ No
Page 5
Supplemental Information
Complete this part to provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f)
(accounting method; amounts of investments vs. expenditures per region); Part II, line 1 (accounting method); Part III
(accounting method); and Part III, column (c) (estimated number of recipients), as applicable. Also complete this part to
provide any additional information (see instructions).
SCHEDULE 0
(Form 990 or 990-EZ)
OMB No 1545-0047
Supplemental Information to f=orm 990 or 990-EZ
Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
2 012
^ Attach to Form 990 or 990-EZ.
52 -1511773
PART VI __question 9__etail provided in attachment . Only the persons elected to the Board of Directors have been Included in the list, the
- - - - - --- - --members of the General Assembly of the Organization have not been Included .
- - - - - - - -------------------------------------------------------------------------------------------------------PART_VI __questôn 15a_incrementation
to salaries is limited to cost of living increase which is approved by the Board of Directors
- ------------------------------------------------------ -- ---------PART_VI _guestion 15b_ a compensation review was held y_ the nomination committee-and debated_and approved by the_ ord of Director s
- - - - - - - - - ----------------- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
For Paperwork Reduction Act Notice , see the Instructions for Form 990 or 990 -EZ.
Cat No 51056K
Schedule 0 ( Form 990 or 990-EZ) (2012)
International Space University Organization Inc.
EfN: 52-1511773
Attorney General ' s Account #: 022682
9/11/13
List of names, titles , and addresses of
officers, directors , trustees:
Prof. OOSTERLINCK Rene ( Retired)
Director of Legal Affairs and External Relations
ESA Headquarters
8-10 rue Mario-Nikes
75015 Pans Cedex 15, FRANCE
Phone: 33 (0)1 53 69 71 68
Fax: 33 (0)l 53 69 74 45
E-Mail: rene oosterlinck(@esa int
Term Expires- 2017
RISHIKOF Brian
CEO
Odyssey Space Research, LLC
1120 nasa Pkwy, Suite 505
Houston , TX 77058
USA
bnshikof(a, odysseysr com
Odyssey: 1-281-488-7953
Mobile : 832-715-2361
E-mail: [email protected]
Term expires: 2016
Dr. SALLABERGER Christian
Chairman of the BOT
9 McCauley Drive, Caledon
ONTARIO L6S 4J3
CANADA
Phone: +1 4168310581
E-Mail: chnstianQsallaber eg r com
Term expires: 2016
Principal salaried executives of organization:
Mr. Steven Brody
Salaried Vice- President
6308 N . 22nd Street
Arlington , VA 22205
USA
Mrs. Angie Bukley
Dean and Vice-President for Academics & Research
International Space University
I rue Jean-Dominique Cassini
67400 Illkirch-Graffenstaden France
OMB No . 1545-0047
SCHEDULE R
(Form 990)
Related Organizations and Unrelated Partnerships
2012
^ Complete If the organization answered 'Yes' to Form 990 , Part IV, line 33, 34, 35, 38, or 37.
10, Attach to Form 990.
01 See separate instructions.
52-1511773
Identification of Disregarded Entities (Complete if the organization answered "Yes" to Form 990, Part IV, line 33.)
(a)
Name, address, and EIN (if applicable) of disregarded entity
(b)
Primary activity
(c)
Legal domicile (state
or foreign country)
(d)
Total income
(e)
End-of-year assets
re
Direct controlling
entity
(1)
----------------------------------------------------------------------------------------------------2)
--(-----------------------------------------------------------------------------------------------------
(3)
---- ---------------------------------------------------------------------------------------------------(4)
-----------------------------------------------------------------------------------------------------
(5)
----------------------------------------------------------------------------------------------------(6) --------------------------------------------------------------------------------------------------
Identification of Related Tax-Exempt Organizations (Complete if the organization answered "Yes" to Form 990, Part IV, line 34 because it had
one or more related tax-exempt or anizations during the tax year.)
(b)
Primary activity
(a)
Name, address, and EIN of related organization
(c)
Legal domicile (state
or foreign country)
(d)
Exempt Code section
(e)
Public charity status
(rf section 501(c)(3))
(I)
Direct controlling
entity
(g)
Section 512)b)(13)
controlled
entity?
Yes
No
(1) INTERNATIONAL SPACE-UNIVERSITY) FRANCE 1 rue JD Cassini
67400 ILLKIRCH-GRAFFENSTADEN - EIN 98 -0584445
Hi g her Education
FRANCE
N/A
✓
--(2)
--------------------------------------------------------------------------------------
(3)
--------------------------------------------------------------------------------------(4)
---------------------------------------------------------------------------------------(5)
---------------------------------------------------------------------------------------6
----------------------------------------------------------------------------------------
(^) ----------------------------------------------------------------------------------For Paperwork Reduction Act Notice , see the Instructions for Form 990.
Cat . No 50135Y
Schedule R (Form 990) 2012
Schedule R (Fo rm 990) 2012
Page 2
Identification of Related Organizations Taxable as a Partnership (Complete if the organization answered "Yes" to Form 990, Part IV, line 34
because it had one or more related oraanizations treated as a partnership durina the tax year.)
(a)
Name, address, and EIN of
related organization
(b)
Primary activity
(c)
Legal
domicile
(state or
foreign
country)
(d)
Direct controlling
entity
(e)
Predominant
income (related,
unrelated,
excluded from
tax under
sections 512-514)
(f)
Share of total
income
(9)
(h)
Share of end-of- Disproportionate
allocations?
year assets
Yes No
(1
Code V-UBI
amount in box 20
of Schedule K-1
(Form 1065)
Q)
General or
managing
partner?
Yes
(k)
Percentage
ownership
No
-----(1) -------------------------------------(2)
------------------------------------------(3)
------------------------------------------(4)
------------------------------------------(5)
----------------------------------------(6)
---- --------------------------------------
(7)
m
Identification of Related Oraanizations Taxable as a Corporation or Trust (Complete if the oraanlzatlon answered "Yes" to Form 990. Part IV.
line 34 because it had one or more related organizations treated as a corporation or trust durinq the tax year.)
(a)
Name, address, and EIN of related organization
(b)
Primary activity
(c)
Legal domicile
or
foreign
country)
(state
(d)
Direct controlling
entity
(e)
Type of entity
(C corp. S corp. or trust)
(f)
Share of total
income
(g)
(h)
Share of
Percentage
end-of-year assets ownership
(I)
Section 512(b)(13)
controlled
entity'?
Yes
No
-----(1) --------------------------------------------------------------(2)
-------------------------------------------------------------------(3)
-------------------------------------------------------------------(4)
-------------------------------------------------------------------(5)
---- --------------------------------------------------------------(6)
-------------------------------------------------------------------(^) --------------------------------------------------------------Schedule R (Form 990) 2012
Schedu le R (Fo rm 990) 20 1 2
Page 3
Transactions With Related Organizations (Complete if the organization answered "Yes" to Form 990, Part IV, line 34, 35b, or 36.)
Note . Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.
During the tax year, did the organization engage in any of the following transactions with one
1
a Receipt of (I) interest (ii) annuities (i) royalties or (iv) rent from a controlled entity . . . .
. . . . . . . . . . .
b Gift, grant, or capital contribution to related organization( s)
. . . . . . . . . .
c Gift, grant, or capital contribution from related organization(s)
d Loans or loan guarantees to or for related organization (s) . . . . . . . . . . . .
e Loans or loan guarantees by related organization (s) . . . . . . . . . . . . . .
f
g
h
i
j
. . .
Dividends from related organization(s)
Sale of assets to related organization( s) . . .
Purchase of assets from related organization (s)
Exchange of assets with related organization( s)
Lease of facilities, equipment, or other assets to
k
I
m
n
o
2
. . . . . . . .
. . . . . . . .
. . . . . . . .
. . . . . . . .
related organization(s)
.
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Yes
or more related organizations
. . . . . . . . . .
. . . . . . . . . .
. . . . . . . . . .
. . . . . . . . . .
. . . . . . . . . .
.
.
.
.
.
listed
. .
. .
. .
. .
. .
in Parts II-IV?
. . . . .
. . . . .
. . . . .
. . . . .
. . . . .
.
.
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.
la
lb
is
1d
le
No
✓
✓
✓
✓
✓
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if
ig
1h
1i
1j
✓
✓
✓
✓
✓
.
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1k
11
1m
in
10
✓
✓
✓
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.
. . . . . .
Lease of facilities, equipment, or other assets from related organization (s)
Performance of services or membership or fundraising solicitations for related organization( s)
Performance of services or membership or fundraising solicitations by related organization( s)
Sharing of facilities, equipment, mailing lists, or other assets with related organization (s) . .
Sharing of paid employees with related organization( s) . . . . . . . . . . . . .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
p
q
Reimbursement paid to related organization(s) for expenses .
Reimbursement paid by related organization(s) for expenses .
.
.
.
.
.
.
.
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r
s
Other transfer of cash or property to related organization(s) .
Other transfer of cash or property from related organization(s)
.
.
.
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.
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.
✓
✓
If the answer to any of the above is "Yes ." see the instructions for information on who must complete this line. includina covered relationships and transaction thresholds.
(b)
Transaction
type (a--s)
(a)
Name of other organization
( 1 ) International S p ace Universit y , France
1b
(2) International Space University , France
1n
(3) International S p ace Universit y , France
10
(4) International S p ace Universit y , France
1
(c)
Amount involved
(d)
Method of determining amount involved
96,481 invoices for scholarshi p su pp ort
Emailin g lists
108,062 p a y roll entries
23,049 invoices for sala ry costs
(5)
(6)
Sch edu le R (Form 990) 2012
Page 4
Unrelated Organizations Taxable as a Partnership (Complete if the organization answered "Yes" to Form 990, Part IV, line 37.)
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets
or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity
(b)
Primary activity
(c)
Legal domicile
(state or foreign
country)
(e)
(d)
Are all partners
Predominant
section
income (related,
501(c)(3)
unrelated, excluded
organizations?
from tax under
section 512 - 514 )
Yes
No
(f)
Share of
total income
(g)
Share of
end-of-year
assets
(h )
Disproportionate
allocations?
Yes No
(1)
Code V-UBI
amount in box 20
of Schedule K-1
(Form 1065)
0)
General or
managing
partner"
(k)
Percentage
ownership
Yes No
(1)
-------------------------------------------------------
(2)
--------------------------------------------------------(3)
--------------------------------------------------------(4)
--------------------------------------------------------( 5)
--------------------------------------------------------
(6)
---------------------------------------------------------
(^l
--------------------------------------------------------($)
-------------------------------------------------------(9)
--------------------------------------------------------(1 0)
-------------------------------------------------------(11)
--------------------------------------------------------(1-2)
--------------------------------------------------------
(1 3)
-------------------------------------------------------(14)
---------------------------------------------------------
(1 5)
-------------------------------------------------------(16)
Page 5
Supplemental Information
Complete this part to provide additional information for responses to questions on Schedule R (see
instructions).
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
=
/ (PM
G-
KPMG Audit
Espace Europeen de I'Entreprlse
9, avenue de I'Europe
BP 20002 Schiltigheim
67013 Strasbourg Cedex
France
Telephone
Telecople
Site Internet
+33 (0)3 88 18 23 00
+33 (0)3 90 22 06 61
www kpmg fr
Rapport de l'auditeur
independant
et / and
Independent Auditor's Report
(free translation of a French language original)
Exercice clos le 3 I aout 2013
For the year ended August 3 1, 2013
International Space University Organization Inc
45 Klebart avenue - Webster, MA 01570 - USA
Ce rapport contient 23 pages
This report contains 23 pages
Reference PM-141-007
KPMG S A
socidtS franraise membre du rAseau KPMG
consotud do cabinets independants adh6rents do
KPMG International Cooperative, une entnA do droil Suisse
Socidte anonyme d expertise
comptable at do commissariat
aux comptes a duectoire at
Conseil de surveillance
Inscnte au Tableau do I Ordre
A Pans sous Is n° 14-30080101
at b la Compagnie R9gionale
des Commissanes aux Comptes
de Versailles
Sibge social
KPMG S A
Immeuble Le Palann
3 cours du Triangle
92939 Pans La Defense Codex
Capital 5 497 100 €
Code APE 6920Z
775 726 417 R C S Nanterre
TVA Union Europdenne
FR 77 775 726 417
=
/ (PM
G-
KPMG Audit
9 avenue de I'Europe
France
Telephone
Telecople
Site Internet
+33 (0)3 88 18 23 00
+33 (0)3 90 22 06 61
www kpmg it
International Space University Organization
Inc.
Rapport de l' auditeur independant
Exercice clos be 31 aout 2013
Reference PM-141-007
Socidtd anonyme d expertise
comptable at do commissanat
aux complex b daectoue at
Conseil do surveillance
Inscrite au Tableau do I Ordre
KPMG S A
5 Paris sous le n° 14-30080101
socidt6 franr arse membre du r6seau KPMG
consetud de cabinets ind6pendants adherents de
KPMG International Cooperative, one entitd do dron suisse
at b to Cornpagnre Rdgionale
des Commissaries aux Connotes
de Versailles
Siege social
KPMG S A
Immeuble Le Palatin
3 cours du Triangle
92939 Paris La Dense Cedex
Capital 5 497 100 E
Code APE 6920Z
TVA Union Europeenne
FR 77 775 726 417
KPMG Audit
9 avenue de I'Europe
BP 20002 Schlltlghetm
France
Telephone
Telecople
Site Internet
+33 (0)3 88 18 23 00
+33 (0)3 90 22 06 61
www kpmg (r
Siege social : 45 Klebart avenue - Webster, MA 01570 - USA
Rapport de I'auditeur independant
Exercice clos le 3 1 aout 2013
Monsieur le President„
Rapport sur les etats financiers
Nous avons effectue ('audit des etats financiers ci joints de ('association International Space
University Organization Inc , comprenant le bilan au 31 aout 2013, ainsi que le compte de
resultat pour I'exercice clos au 31 aout 2013, et des notes annexes contenant un resume des
principales methodes comptables et d'autres informations explicatives
Responsabilite de la direction relative aux etats financiers
La direction est responsable de I'etablissement et de la presentation sincere de ces etats
Financiers conformement aux normes francaises, ainsi que du controle interne qu'elle estime
necessaire a I'etablissement d'etats financiers ne comportant pas d'anomalies significatives, que
celles-ci proviennent de fraudes ou resultent d'erreurs
Responsabilite are l'auchteur
Notre responsabilite est d'exprimer une opinion sur ces etats financiers sur la base de notre
audit. Nous avons effectue notre audit selon les normes professionnelles applicables en France.
Ces normes requierent de notre part de noes conformer aux regles d'ethique et de planifier et de
realiser ('audit en vue d'obtenir une assurance raisonnable que les etats financiers ne comportent
pas d'anomalies significatives
Un audit implique la Inise en oeuvre de procedures en vue de recueillir des elements probants
concernant les montants et les informations fournis clans les etats financiers. Le choix des
procedures mises en eeuvre, y compris ('evaluation des risques que les etats financiers
comportent des anomalies significatives, que celles-ci proviennent de fraudes ou resultent
d'erreurs, releve du jugement de I'auditeur En procedant a cette evaluation des risques,
I'auditeur prend en compte le controle interne de I'entite relatif a I'etablissement et a la
presentation sincere des etats financiers afin de definir des procedures d'audit appropriees en la
circonstance, et non dans le but d'exprimer une opinion sur I'efficacite du controle interne de
I'entite Un audit consiste egalement a apprecier le caracte're approprie des methodes
KPMG S A
sot;00 Irancarse membre du reseau KPMG
consntu9 do cabinets rnddpendants adherents do
KPMG International Cooperative une entilO de droll suisse
SoadtA anonyme d expertise
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aux comptes 8 directoire at
Conseil de surveillance t
Inscrite au Tableau do Ordre
a Parts sous le no 14 30DS0101
at b to Compagnie R6gionale
des Commissanes aux Comptes
do Versailles
Siege social
KPMG S A
Immeuble Le Palaon
3 tours du Triangle
92939 Pans La Delouse Cedex
Capital 5 497 100 €
Code APE 6920Z
FR 77 775 726 417
KPMG
International Space Univers ity Organization Inc.
RappotI de I'nudileut tndependant
18 ft vrier 20 / 4
comptables retenues, le caractere raisonnable des estimations comptables faites par la direction,
et la presentation d'ensemble des etats financiers
Nous estimons que les elements probants recueillis sort suffisants et approprtes pour fonder
notre opinion
Opinion
A notre avis, les etats financiers presentent sincerement, dans tous leurs aspects significatifs la
situation financtere de ('association International Space University Organization Inc. au 31 aout
2013, conformement aux normes francaises
Schiltigheim, le 18 fevrier 2014
KPMG Audit
artement de KPMG S A
0cal Maire
Assocre
PM-141-007 - Exercice clos le 31 aout 2013
3
Bilan
At 31 /08/13
Exercice
Exercice
Actif
Montant brut
Frais d'etablissement
Frais de recherche et developpement
d Concessions, logiciels et droits similaires
Fonds commercial (1)
0 8 Autres immobilisations incorporelles
E
Immobilisations incorporelles en cours
Avances et acomptes
Total
precedent
Amort ou Prov
Montant net
Montant net
13 179
13 179
0
2 782
13 179
13 179
0
2782
1 268
1 268
0
455
1 268
1 268
0
455
0
0
Terrains
to
Constructions
o ° d Inst techniques, mat outillages industriels
E
Autres immobilisations corporelles
o ° Immobilisations grevees de droits
E
Immobdisations corporelles en cours
Avances et acomptes
Total
Participations
N Creances rattachees a des participations
Titres immob Activite de portefeuille
Autres titres immobilises
E ; Frets
_E = Autres immobilisations imancieres
Total
Matieres premieres, approvisionnement
o En cours de production biens et services
Produits intermediaires et finis
Marchandises
0
Total
I
3 780
3 780
18 226
0
14 447
3 780
3 780
3 780
3 990
3 990
7227
49 461
18 898
68 359
0
0
49 461
18 898
68 359
84 820
20 716
105 537
0
102 125
107 814
112 077
7 156
332 583
Total
Avances et acom p tes verses sur commander
Creances usagers et comptes rattaches
Autres creances
Total
Autres titres
Valeurs mobilieres de placement (5)
102 125
Instruments de tresorerie
71 702
° Disponib lltes
1 705
Charg es constatees d'avance ( 4 )
Total
II
243 892
Charges a repartir sur plusieurs exercices
III
Primes de remboursement des emprunts
IV
Ecart de conversion Actif
V
Total de I'actif
(I+II+III+IV+V)
262 118
(1) Dont droit au bail
(2) Part a moans d'un an (brut) des immobilisations financieres
(3) et (4) Dont a plus d'un an (brut)
(5) Dont Management blocked account
W
(5) Dont Morla Milne endowment fund
(5 ) Dont Arthur C Clarke endowment fund
d N
Legs nets a realiser acceptes par les organes statutairement competents
Legs nets a realiser autonses par I'organisme de tutelle
Dons en nature restant a vendre
w
Autres
0
71 702
1 705
243 892
14 447
247 671
339 810
75 592
1 070
2 438
79 802
1 129
1 377
Montants en euros, converlis de la comptabitrle au cours de cloture de 1 usd pour
0, 75592 eur
Bilan
At 31/08/13
Passif avant affectation
Fonds associatifs sans droit de reprise (legs, donations, subv ind biens
renouvelables)
Ecaris de reevaluation
Reserves
o Report a nouveau
T
Resultat de I'exercice
Fonds associatils avec droit de reprise
N
Apports
e Legs et donations
°
Resultats sous controle de tiers financiers
Ecarts de reevaluation
Subventions d'investissement sur biens non renouvelables par l'organisme
Provisions reglementees
Droit des p ro p rietaires ( commodat )
Total
I
Provisions pour risques
Provisions pour char g es
0 9
N
Fonds dedies sur subventions de fonctlonnement
o
Fonds dedies sur autres ressources ( a pp orts, dons, le g s et donations )
Total
II
a 2
Emprunts obhgataires convertibles
Autres emprunts obhgataires
Emprunts et dettes aupres des etablissements de credit (2)
Emprunts et dettes financieres divers (3)
Avances et acomptes recus sur commandes en cours
Dettes fournisseurs et comptes rattaches
°
Dettes fiscales et sociales
Dettes sur immobilisations et comptes rattaches
Autres dettes
Instruments de tresorerie
Produits constates d'avance 1
Total
III
Ecart de convers i on p assif
(I+II+III+IV)
Total du passif
(1) Dont a plus d'un an
(1) Dont a moans d'un an
(2) Dont concours bancaires courants et soldes crediteurs de banques
( 3 ) Dont em runts artici aufs
Sur legs acceptes
c
Exercice
precedent
Exercice
11 122
993
31 804
-20 063
12 115
11 742
0
0
223 944
6 729
310 204
580
4 884
4 317
0
235 557
12 967
328 068
247 671
339 810
Autres
m m c
0
W E
Montants on euros convems de la comptabdite au tours de cloture de 1 usd pour
L affectation du resullat net de 1'exerctce precedent en report a nouveau a ete revalonse au cours de cloture au 31/08/2012
0.75592 eur
Compte de resultat
Perlode de I'exerclce
31/08/13
Exercice
precedent
Exercise
°
o
a
o
=
Z
m
E
o
o
a`
U
x
Ventes de marchandises
Production vendue biens
Production vendue services lies a des financements reglementaires
Production vendue autres services
Montant net du chitfres d'aHaires
Production stockee
Production immobilisee
Produits nets partiels sur operations a long terme
Subventions d'exploitation
Reprises sur provisions (et amortissements), transferls de charges
Cousations
Autres p roduits 1
Total des products d'exploitation I
Marchandises achats
Marchandises variation des stocks
Maueres premieres et autres approvisionnements achats
Matieres premieres et autres approvisionnements variation des stocks
Autres achals et charges externes (2)
Impbts, taxes et versements ass miles
Salaires et traitements
Charges sociales
Dotations d'exploitation sur immobilisations amortissements
Dotations d'exploitation sur immobilisations provisions
Dotations d'exploitation pour risques et charges provisions
Dotations d'exploitation sur actif circulant provisions
Subventions accordees par ('association
Autres charges
Total des char g es d'ex loitation 11
I-II
Resultat d'ex loitation
Excedents ou deficits transferes
Deficits ou excedents transferee
Produits financiers de participations
Produits financiers d'autres valeurs mobil eves de placement et creances d'acuf
immobilise
Autres intents et produits assimiles
Reprises sur provisions, transferts de charges
Differences positives de change
Produits nets sur cessions de valeurs mobdieres de placement
Total des p roduits financiers V
Dotations financieres aux amortissements et provisions
Intents et charges assimilees
Differences negatives de change
Charges nettes sur cessions de valeurs mobilieres de placement
Total des charg es tinancieres VI
Resultat financier (V-VI)
Resultat courant avant impots (I+II+III+IV+V+Vl)
(1) Dont Dons bloques
Legs et donations
Produits hes a des financements reglementa res
Ventes de dons en nature
(2) Y compris redevances de credit-bail mobilier
immobilier
Montanis en euros converlis de la complabilrte au cours de cloture de lusd pour
34 873
34 873
32 662
32 662
265 097
316 363
80 382
380 351
49 048
398 073
130 886
0
220 433
24 719
3 066
233 415
219
179 896
21 296
5 084
472
379 577
774
3 990
443 901
-45 828
0
17 277
7
0
0
19
0
0
7
17 296
0
7
781
1 134
0
17296 .
-28 531
180
0,75592 our
Compte de resultat
Perlode de I'exerclce
31/08/13
Exercice
precedent
Exercice
Produits excepuonnels sur operations de gestion
Products exceptionnels sur operations de capital
Reprises sur provisions et tranferts de charges
a d
Total des p roduits exce p tionnels VII
Charges exceptionnelles sur operations de gestion
Charges exceptionnelles sur operations en capital
rn 2
Dotations exceptionnelles aux amortissements at provisions
Total des charg es exce tionnelles
VIII
Resultat exceptionnel (VII-VIII)
IX
Participation des salaries aux resultats
Im ots sur les societes
x
XI
Report des ressources non ut lisees des exercices anter eurs
XII
En g a g ements a real i ser sur ressources affectees
Total des produits (I+III+V+VII+XI) XIII
Total des charges (II+IV+VI+VIII+IX+X+XII) XIV
Excedent ou deficit ( XIII - XIV )
s
Monlants en euros, convertis de la comptabd616 au COWS de cloture de Iusd pour
212
0
0
212
0
0
0
0
212
7 681
8 409
419
16 509
527
7 513
0
8 040
8 469
380 570
379 577
993
431 878
451 941
-20 063
0,75592 our
INTERNATIONAL SPACE UNIVERSITY ORGANIZATION, INC.
Annexes aux Etats financiers
Exercice de 12 moss clos le 31 aout 2013
1. Nature de I'Association
International Space University Organization, Inc (<< ISU-MA ») a ete creee le 15 juillet 1987 et
est soumise aux lots du Commonwealth de Massachusetts, aux Etats-Unis d'Amenque
Le Ier mars 1994, quand ('Association International Space University (« ISU Alsace >>) a ete
creee en France, et soumise au regime de la lot applicable aux Associations du Haut-Rhin, du
Bas-Rhin et de la Moselle dans ses articles 21 et suivants du Code Civil Local, ISU Alsace est
devenue 1'entite principale a partir de I'exercice fiscal 1995 Lors de la creation de ISU-Alsace,
ISU-MA a accepte le transfert de la denomination , << International Space University >>, avec les
droits et obligations qui s'y rattachent , avec ('accord de ISU MA ISU MA etait I'entite
principale pendant et avant 1'exercice fiscal 1994
2. Activites principales de I'Universite
ISU-MA a ete creee pour developper une institution internationale d'enseignement supeneur
vouee a ('etude de I'espace extra-atmosphenque a des fins pacifiques au travers de
■
L'organisation active et la participation a des programmes d'education, des symposiums, des
conferences, et des opportunites Bees a des reseaux d'anciens eleves destinees a accroitre la
connaissance des problematiques et des developpements des programmes de recherche
spatiale internationaux et multidisciplinaires
■
L'enseignement superieur dans le secteur spatial par la distribution des resultats des
recherches, des programmes d'etudes, et la participation active a des congres ou ('education
spatiale et le developpement de la force de travail sont discutes
■
Repondre a la demande publique d'infoimations et d'analyses concernant ('evolution des
problemauques du secteur spatial aussi been aux Etats-Unis que pour les organisations
internationales Faciliter la communication entre les experts et le public sur les
pioblematiques de ('utilisation de I'espace extra-atmospherique Fournir des supports
educatifs pour integrer le suet spatial dans les classes a [ravers la formation par des
professionnels et des enseignants
ISU MA et ISU-Alsace (I' << Universtte >>) ont developpe un reseau de soutien mondial solide
Avec cc reseau de base engage, l'Universite a continue a se developper, produisant des
programmes educants uniques et innovants et supportant des activads spatiales internationales
Elle continuera a se developper pour fournir un acces aux technologies de pointe et aux
ressources disponibles pour l'education et la recherche dins le secteur du spatial
L'Universite est une association sans but lucratif dediee a server les interets d'institutions
industrielles, academiques et gouvernementales, impliquees dans la recherche et le
developpement spatial L'Universite recherche activement le support et la participation des
corporations, fondations, agences gouvernementales et des personnes individuelles qui veulent
alder a I'etablissement d'une telle initiative
3. Regles et methodes comptables
Les Etats financiers ci-points ont ete prepares selon les principes comptables francais pour les
associations a but non lucratif Les principes comptables principaux respectes par I'Universite
sont decrits ci-dessous
(a) Principe de coniptabilrte d'engagement
Les Etats financiers de ISU-MA ont ete prepares selon le principe d'engagement
Dans la limite de I'uulisation de I'actif circulant pour financer les immobilisations du site, les
montants indtques sont comptabilises comme (I) depenses dans le cas d'une acquisition
normale et de remplacement de been d'equipement meubles, (2) transferts d'autre nature pour
tour les auties cas
La methode de base retenue pour I'evaluation des elements inscrits en comptabilite est la
methode des touts historiques Les principales methodes unltsees sont
•
Participations, autres titres immobilises, valeuis mobilieres de placement . la valeur brute
des titres est constituee par le tout d'achat hors frais accessoires En cas de valeur
d'inventaire infeneure a la valeur brute, une provision pour depreciation a ete constituee du
montant de la difference
•
Creances les creances sont valorisees a leurs valeurs nominales Une provision pour
depreciation est prauquee lorsque la valeur d'inventaire est inferieure a la valeur comptable
•
Subventions d'exploitation les subventions d'exploitation sont inscrites en products
d'exploitation dans I'exercice auquel elles se rattachent
Certaines subventions sont soumtses a la realisation de certaines conditions pour leur utilisation
Si ces conditions ne sont pas remplies a la cloture de I'exercice, les revenus sont differes jusqu'a
la realisation de ces conditions
(b) Impot sur !e benefice
ISU-MA est une association a but non lucrative telle que definie en section 501 (c)(3) du
Internal Revenue Code des Etats-Unis d'Amenque, et est en consequence exemptee de toute
imposition sur le resultat conformement a la section 501 (c)(3) dudit Code
(c) Investissenient sur le site
Les investissements sont enregistres au coot de revient a la date d'acgtusition, ou a la juste
valeur dans le cas de dons Les amortissements sont calcules lineairement selon la duree de vie
estimee du been
4. Stabilite financiere
La continuite d'exploitation de ISU Organization Inc depend de la continuite d'exploitation de
ISU Alsace
Pour I'exercice a venir, I'Universite n'anticipe pas de difficulte de tresorene compte tenu des
mesures qui sont imuees L'exercice clos au 31/08/2013 est equilibre et la situation nette
beneficiaire, Ies difterentes actions prises ayant eu leurs effets sur une annee pleine
5. Engagements et contingences
Contingences
divers
fonds
part de
gouvernements
regoit
de
la
et
d'institutions
ISU-MA
paragouvernementales, soumts ou non a des restrictions Ces fonds requs sont soumis a
certames reglementauons ou pertormances contractuelles, et aux loss et reglements promulgues
par les diverses enutes donatrices En consequence, les performances de I'universue sent
suzettes a des audits et revues pour s'assurer de I'attemte de ces objectifs et du respect de ces
loss et reglements Sur la base des informations connues a cejour, I'Universite ne pense pas que
les resultats d'audits tuturs auront un impact significatif sur ses etats financiers
6. Liberations des fonds
Les revenus ont ete liberes des limitations imposees par les donateurs suite a la realisation des
depenses correspondant a l'objet de la limitation, ou selon d'autres contraintes specifiees par le
donateur
Produits liberes suite a la realisation de l'objet
Produits ( bourses d ' etudes, contributions et subventions )
US$ 503,161
(i e € 380,351)
Total des Produits liberes
US$ 501,661
(i e.379,217 € )
Les tons bloques au titre de I'exercice 2013 concernent une donation de $1,500 (1,134€) dediee
an fond Arthur C Clarke
7. Complements d'information relatif's au bilan et au compte de resultat
7.1 Immobilisations
Debut
d'exercice
Acquisitions
Cessions
Impact du taux
de change en
Fin
d'exercice
fin d'exercice
Immobilisations
Incor p orelles
Lo g iciels
13 913 €
-734 €
13 179 €
1 338 €
-70
1 268 €
15 251 €
- 804 €
Immobilisations
Corporelles
Materiel
Informati ue
Total
Immobilisations
14 44
7€
7.2 Depreciation des Immobilisations
Amortissements
Debut
d'exercice
Dotations
Reprises
Impact du taux
de change en
Fin
d'exercice
fin d'exercice
Immobilisations
Incor p orelles
Lo g iciels
1 1 131 €
2 636 €
-588€
13 179 €
883 €
431 €
-46 €
1 268 €
12 014 €
3 067 €
- 634 €
14 447 €
Immobilisations
Corp orelles
Materiel
Informau ue
Total
Immobilisations
I
I
I
F
PMMA7AG-m
KPMG Audit
France
Telephone
Telecople
Site Internet
+33 (0)3 88 18 23 00
+33 (0)3 90 22 06 61
www kpmg fr
International Space University
Organization Inc.
Independent Auditor's Report
Period ended August 31, 2013
KPMG S A.
socidt§ francaise membre du rdseeu KPMG
constau6 do cabinets ind9pendants adherents de
KPMG International Cooperative, une entrtd do drort suisse
SocidtA anonyme d'experese
comptable at de commissariat
aux comptes a dvectorte at
Conseil do surveillance
Inscrrte au Tableau do I Ordre
a Pans sous le n° 14 30080101
.1 6 la Compagnie Ragionale
des Commissartes aux Cornptes
do Versailles
SiOge social
KPMG S A
Immeuble Le Palaan
3 cours du Triangle
92939 Pans La D9tense Cedex
Capital 5 497 100 E
Code APE 6920Z
775 726 417 RCS Nanterre
TVA Union Europdanne
FR 77 775 726 417
I- IRMAiM,GG-1.
U
I
I
KPMG Audit
Espace Europ6en de I'Entreprlse
BP 20002 Schlltlghelm
France
Telephone
T616cople
Site Internet
+33 (0)3 88 18 23 00
+33 (0)3 90 22 06 61
www kpmg fr
rnational Space University Organization Inc.
istered office- 45 Klebart avenue - Webster, MA 01570 - USA
pendent Auditor's Report
od ended August 31, 2013
the President
on the Financial Statements
have audited the accompanying financial statements of International Space University
ganization Inc. ("the Association"), which comprise the balance sheet as at August 3 1,
13, and the income statement for the year then ended, and a summary of significant
,ounting policies and other explanatory notes
is Responsibilityfor the Financial Statements
nagement is responsible for the preparation and fair presentation of these financial
ements in accordance with French Gaaps and Gaas
This responsibility includes.
igning, implementing and maintaining internal control relevant to the preparation and fair
sentation of financial statements that are free from material misstatements, whether due to
id or error; selecting and applying appropriate accounting policies; and making accounting
mates that are reasonable in the circumstances.
ors' Responsibility
Jr responsibility is to express an opinion on these financial statements based on our audit
'e conducted our audit in accordance with French Auditing Standards. Those standards
quire that we comply with relevant ethical requirements and plan and perform the audit to
)tarn reasonable assurance whether the financial statements are free of material
isstatement
n audit involves performing procedures to obtain audit evidence about the amounts and
sclosures in the financial statements. The procedures selected depend on our judgment,
cluding the assessment of the risks of material misstatement of the financial statements,
hether due to fraud or error. In making those risk assessments, we consider internal control
levant to the entity's preparation and fair presentation of the financial statements in order to
!sign audit procedures that are appropriate in the circumstances, but not for the purpose of
.pressing an opinion on the effectiveness of the entity's internal control. An audit also
cludes evaluating the appropriateness of accounting principles used and the reasonableness
KPMG S A,
socidtd tranceise membre du rAseau KPMG
consMue de cabinets independents adherents da
KPMG International Cooperatrre, une entit6 de drort suisse
Societe anonyme d expertise
comptable or de commissariat
aux comptes a directoire at
conseiI de surveillance
Inscrrte Cu Tableau de I Ordre
A Pans sous le n• 14-30080101
or Ala Compagnie R9gionale
des Commissaires aux Comptes
do Versailles
Siege social
KPMG S A
Immeuble Le Palann
3 tours du Triangle
92939 Paris La Defense Codex
Capital 5 497 100 E
Code APE 6120Z
FR 77 775 726 417
accounting estimates made by management, as well as evaluating the overall presentation
he financial statements.
believe that the audit evidence we have obtained is sufficient and appropriate to provide a
is for our opinion.
'on
)ur opinion , the financial statements present fairly, in all material respects, the financial
ition of the Association as at August 31, 2013 i n accordance with French Gaaps and Gaas.
Schiltighetm, February 18, 2014
Audit
P
div ton of KPMG S A.
Pa
al Maire
Partner
I- 132- 003 - Period ended August 31, 2012
Balance Sheet
Association
ASS IS U Internat Space Univ
U3/13
Assets
Period
Der or Allow
Gross Amount
Previous Period
Net Amount
Net Amount
Start up costs
Research and development costs
Franchises, patents and similar assets
Goodwill (1)
13 179
13 179
0
2 782
13 179
13 179
0
2 782
1 268
1 268
0
455
1 268
1 268
0
455
0
0
Other intangible fixed assets
Intangible assets in progress
Advance payments on intangible fixed assets
Total
Land
Buildings
Fixtures and equipment
Other tangible fixed assets
Restricted fixed assets
Tangible fixed assets in progress
Advance payments on tangible fixed assets
Total
Investments held in portofolio
Intercompany receivables
Investments held in portofolio
Other investments
Loans
Other financial assets
Total
Total
I
0
3 780
3 780
18 226
0
14447
3 780
3 780
3 780
3 990
3 990
7 227
49 461
18 898
68 359
0
0
49 461
18 898
68 359
84 820
20 716
105 537
102 125
0
102 125
107 814
71 702
1 705
243 892
0
71 702
1 705
243 892
112 077
7 156
332 583
262 118
14447
247 671
339 810
75 592
1 070
2 438
79 802
1 129
1 377
Raw material and supplies
Work in progress goods and services
Finished goods and by-production
Merchandises
Total
ances to su pp liers
Trade accounts receivable
Other receivables
Total
Other investments
Investment securities (5)
Cash equivalents
Available funds
, Pre p aid ex p enses ( 4 )
Total
II
11
d charges
ms on redemption of borrowings
IV
V
i e rate differences assets
Total asset
(I+II+III+IV+V)
(1) Including leasehold rights
(2) Part of the financial fixed assets (less than 1 year)
(3) and (4) More than 1 year
(5) Incl Management blocked account
(5) Incl Morla Milne endowment fund
(5) Incl Arthur C Clarke endowment fund
Bequests accepted by the statutorily competent organs
Bequests allowed by the supervising organization
Fringe benefits
Other
ancy in euros , convened at closing conversion rate lusd =
0,75592 eur
Balance Sheet
Association
ASS I S U Internat Space Univ
At 31/08/13
Liabilities before appropriation
2
$
.R
>
v
o
o
L
o
°° d y
o b
a`
Period
Associative funds non-requested
(bequests donations, investment grants on renewable goods)
Revaluation variance
Reserves
Profit and loss account brought forward
Result for the financial y ear
Restricted associative funds
Provision
Devices and donations
Results under control of a third financier
Revaluation variance
Investment grants on non renewable goods
Legal provision
Owners ri g ht
Total
Provisions for risks
Provisions for char g es
Funds dedicated to operations
Funds dedicated to other resources (p rovisions, donations, p led g es )
Total
Convertible debenture loans
Other debenture loans
Borrowing and liabilities from credit institutions (2)
Previous Period
11 122
993
31 804
-20 063
I
12 115
11 742
II
0
0
223 944
6 729
310 204
580
4 884
4 317
III
0
235 557
12 967
328 068
(I+II+III+IV)
247 671
339 810
Borrowing and financ i al liabilities (3)
Advances received on orders
Trade accounts payable
Taxes and social debts
Liabilities related to fixed assets
d
n
J
Other debts
Cash instruments
,Prepaid income 1
Total
Exchan g e rate differences liabilities
Total liabilities
(1) Including more than one year
Including less than one year
Including current bank accounts
Includin g p artici p ative loans
accepted pledges
E
(1)
(2)
3
On
E
Other
aqi E
It o
U
Accountancy in euros converted at closing conversion rate lusd =
Profit and loss account brought forward from previous year has been converted to 20 t2 end of fiscal year exchange rate
0,75592 our
Profit and loss account
Association
ASS I S U Internat Space Univ
nod
31/08/13
Period
Sales of purchased goods
Sales of manufactured goods
Sales of services linked with statutory financing
Sales of other services
E
Net turnover ( including exportation )
°u
Stocked production
Fixed assets production
Partial profits on long term contracts
p
Trading incentive grants (1)
Reversal of provisions and depreciation, transfer of charges
Subscriptions
Other income
Total operatin g income I
Goods purchases
Goods change in inventory
Raw materials and other supplies purchases
Raw materials and other supplies change in inventory
Other purchases and expenses (2)
Taxes
Wages and salaries
Social security charges
Depreciation and provisions on fixed assets depreciation
E
Depreciation and provisions on fixed assets provisions
o
Depreciation and provisions on current assets provisions
Depreciation and provisions for risks and future costs provisions
Grants by the association
Other expenses
Total o p eratin g
e nse sll
ex
I-II
p
O eratin result
= d g Profit attributed or loss transferred
III
Loss attributed or p rofit transferred
IV
Previous Period
34 873
34 873
32 662
32 662
265 097
316 363
80 382
380 351
49 048
398 073
130 886
0
220 433
24 719
3 066
233 415
219
179 896
21 296
5 084
472
379 577
774
3 990
443901
-45 828
0
7
0
0
17 277
19
0
0
V
7
17 296
Total financial ex p enses VI
Net financial result (V-VI)
Result of ordinary operations before corporate tax on profit (1+11+111+IV+V+Vl)
(1) Including Donations restricted
Bequests
Income linked with statutory financing
Sales of fringe benefits
(2) Including charge of securities leasing
real estate leasin g
0
7
781
1 134
0
17 296
-28 531
180
Financial income from investments
Financial income from other investment securities and fixed assets
Interests and similar income
Write back of provisions and transfer of charges
Exchange gain
Net profit on disposals of current financial investments
Total financial income
Increase of provisions against financial assets
Interests payable and similar charges
Exchange loss
c g
LL
LL X
Net losses on disposals of current financial investments
in ewos converted at closing conversion rate rusd =
0,75592 our
Profit and loss account
Association
ASS IS U Internat Space Univ
I'l
31/08/13
nod
Period
Extraordinary income on management operations
E
Extraordinary income on asset operations
Reversal of provisions and transfer of charges
Total extraordinar y income VII
Extraordinary charges on management operations
Extraordinary charges on asset operations
t
Depreciation charges and allocation to provisions
VIII
Total extraordinar y char es
Exceptional result (VII-VIII)
fit sharing
Period
212
0
0
212
0
0
0
0
212
7 681
8 409
419
16 509
527
7513
0
8 040
8 469
380 570
379 577
993
431 878
451 941
-20 063
rporate tax
sources brought forward from previous years
mmitment to be realised on allocated resources
X
Total income (I+III+V+VII+XI) XIII
Total charges (II+IV+VI+VIll+IX+X+Xll) XIV
Gross o p eratin g sur p lus or deficit
Xlll-XIV
in euros converted at dosing conversion rare 1 usd =
0,75592 eur
INTERNATIONAL SPACE UNIVERSITY ORGANIZATION, INC.
Notes to the Financial Statements
12 month period ended August 31, 2013
1. Principles of Combination
International Space University Organization, Inc ("ISU-MA") was established on July 15, 1987
ISU-MA is incorporated under the laws of the Commonwealth of Massachusetts, the United
States of America
On March I, 1994, when International Space University Alsace Association ("ISU Alsace") was
incorporated in Fiance, under the Local Laws of Associations of the Haut-Rhin, Bas-Rhin and
Moselle, governed by Articles 21 et seq of the Local Civil Code, ISU Alsace became the primary
operating organization from fiscal year 1995 Upon the incorporation of ISU-Alsace, International
Space University Organization, Inc accepted the transfer of the name, "International Space
University", together with the other rights and obligations from the currently operating ISU-MA
ISU-MA was the primary operating organization during and prior to fiscal year 1994
2. Nature of Business
ISU-MA was incorporated to foster international higher education related to outer space for
peaceful purposes through
■ Active organization and participation in educational workshops, symposia, conferences, and
alumni networking opportunities intended to increase awareness of critical issues and
developments in international and interdisciplinary space exploration and applications
■
Advance postgraduate education in the space field through distribution of study findings,
dissemination of program opportunities, and active participation at gatherings where space
education and workforce development are discussed
■ Respond to public requests for information and analysis concerning evolving issues in the
space sector both in the United States and before international organizations Facilitated
communication between experts and the general public on issues related to the uses of outer
space Provided support to bring space topics into the classroom through the protessional
development of education and non-education professionals
ISU MA, together with ISU-Alsace (hereafter called the "University"), developed a strong
network supported worldwide With this committed support base the University has continued to
expand, producing unique and innovative educational programs and fostering multinational space
related activities It will continue to develop to provide access to the finest facilities and resources
available for education and research in the space sector
The University is a not-for-profit organization dedicated to serving the needs of industrial,
academic, and governmental institutions involved in space research and development The
University actively seeks the support and participation of corporations, foundation, government
agencies, and individuals interested in helping establish this major initiative
3. Summary of Significant Accounting Policies
The accompanying Financial statements have been prepared in accordance with French Gaap
(generally accepted accounting principles) for not-for-profit organizations The significant
accounting policies followed by the University are described below
(a) Accrual Basis
The Financial statements of ISU-MA have been prepared on the accrual basis of accounting
To the extent that current net assets are used to finance plant assets, the amounts so provided are
accounted for as (I) expenditures in the cases of normal acquisition and replacement of movable
equipment and (2) transfers of a non-mandatory nature for all other cases
The method used for items valuation is the historical cost method The main methods used are
•
Financial fixed assets acquisition cost constituted by the gross value of the financial fixed
assets excluding costs linked to purchases
•
Receivables receivables are accounted at par value The allowance for bad debt is calculated
when the book value is lower than the historical value
•
Grants grants are accounted as revenue to the year they refer to Some grants must respect
some specific conditions The use of these grants may be deferred until specific conditions are
met
(b) Income taxes
ISU-MA is a not-for-profit organization as defined in Section 501 (c)(3) of the United States
Internal Revenue Code and is exempt from United States Federal income tax pursuant to section
501 (a) of the Code
(c) Building investment
Building investments are stated at cost at the date of acquisition or fair value at date of donation
in the case of gifts Depreciation is calculated on the straight-line method over the estimated
useful lives of the assets
4. Financial stability
The going concern of ISU-MA depends on ISU Alsace going concern itself
For the fiscal year to come, the University does not anticipate any cash flow issues given the
measures that are being undertaken The Fiscal Year closed as of August 31, 2013 is balanced and
equity is positive, the various measures taken having had their full effect during the fiscal year
5. Commitments and contingencies
Contingencies
ISU-MA receives various restricted and unrestricted grants from governmental and quasigovernmental entities These grants are received subject to certain grant or contract specific
performance requirements and the laws and regulations promulgated by the various granting
entities As such, the University's performance in these areas is potentially subject to audit and
review for compliance with specific performance requirements and the applicable laws and
regulations The University does not believe, based on information available at this time, that the
outcome of future audits in these areas will have a material adverse effect on its financial
position
6. Restrictions released
Net assets were released from donor restrictions by incurring expenses satisfying the restricted
purposes or by occurrence of other events specified by donors
Purpose restrictions accomplished
Revenues and gains (scholarships, contributions and grants)
US$ 503,161
(i e € 380,35 I )
Total restrictions released
US$ 501,661
(t e 379,217 € )
Net assets not released concern, for FY2013 a $ 1,500 (1,134€) donation dedicated to Arthur C
Clarke Fellowship Endowment
7. Additional information regarding the balance sheet and Profit and Loss account
7.1 Fixed Assets
Beginning of
the year
Acquisitions
Disposal
Impact of end
of FY exchange
rate
End of the
Year
13 913 €
-734 €
13 179 €
IT eq ui p ment
1 338 €
-70
1 268 €
Total Assets
15 251 €
-804 €
14 447 €
Intangible
assets
Software
Tangible
assets
7.2 Depreciation of Fixed Assets
Beginning of
the year
Increase
1 1131 €
IT e q ui p ment
Total Assets
Decrease
Impact of end
of FY
exchan ge rate
End of the
Year
2 636 €
-588€
13 179 €
883 €
431 €
-46 €
1 268 €
12 014 €
3 067 €
-634 €
14 447 €
Intangible
assets
Software
Tangible
assets
JUL-09-2014
L
07:49
AM
THOMPSONHOUSINGAUTHORITY
860
923
9997
P.03
Form 888B (Rw.1-2014)
Ps 2
• If you are filing for an Additional Not Automatic) 3-Month Ext*1ulon, oomplata only Part 11 and dleck No box . . . . ^
Now. Only complete Part if If you have already been granted an automatic 3-month extension an a previously filed Form 8868.
• If you are filing for an Automatic 3-Month Extension, complete only Part I (on page 1).
maT sr. aaa haRrueUans
Name of exempt organ nation or other
Tuns
Employer IderetiNoation number (EIO or
we instructions .
^7pa-t-e Vn'-vjrq+!j Ont.
Flio by "m
Number, street, and room or
)p
duo date fm
your
.41".. 8s•
Nrovuedo, .
fiw
no. If P.O.
1,5
Social security number (SSt4)
see instructions
s
or post office, state, and ZIP code . For a foreign address, see instructions.
city,
X
^f
17
t
Enter the Return code for the return that this application Is for (file a separate application for each return)
.
.
.
.
.
.
Application
Is For
Rattan
Code
02
Form 1041-A
08
03
Form 4720 (other than IndMdual
09
Form 990-PF
04
Form 5227
10
Form 990-T fsec. 401
or
Form 990-T ftru st other than abov
05
06
Form 6089
Form 8870
11
12
Application
Is For
Form 990 or Form 990-EZ
Return
Code
01
Form 990-BL
Form 4720
Mdu
STOP! Do not eomplete Part II If Dieu were not already granted an automatic 3-month extension on a pnrriousy flied Form 8988.
• The books are in tpe care of ^
• If the Organization does not nave an once Or p$aCe
•-•--------...--E- ki- tb.
[I
ous neap In u nsI vl nim wa ve, ..^,v.
....... .
• If this Is for a Group Return, enter the organization 's four digit Group Exemption Number (GEN)
for the whole group, check this box
. . . ^ 0. tf it Is for pan of the group. check this box .
list with the names and EINs of all memo rs the extension is for.
.
.
. If this Is
. ^ ❑ and attach a
4
I request an additional 3-month extension of time until
5
0
For calendar year _ _, or other tax year beginning 4&Rt ^__1.• 20-x, k, and ending
If the tax year entered in line 6 Is for less than 12 mon hs, bheck reason : ❑ Initial return ❑ Final return
❑ Change In accounting period
-.,^
--
20
-- - - ----------- - - - ------
1.20
L .
---- -- --------------
If this application Is for Forms 990-BL, 990-PF , 990-T, 4720, or 6069, enter the tentative tax, less any
nonrefundable credits. See Instructions.
b If this applkation' Is for Forms 960-PF, 990-T, 4720, or 6069 , enter any refundable credits and
estimated tax payments made . Include any prior year overpayment allowed as a credit and any
limount paid previously with Form 8808.
Balance due. Subtract line 8b from line 8a. Include your payment with this form, if required , by using EFTPS
(Electronic Federal Tax Payment System). See Instructions.
8a
as $
8b $
8e S
Sitature and Verification must be completed for Part 11 only.
Under penalties of perjury, I declare that I have examined this form. Including accompanying schedules and statements, and to the beet of my
l00owledge and ballet, it is true , oommct . and oompWe, and that I am audwrized to prepare this form.
°-
L.k( (=+J4A
i( 9 A avow --o., t
t-} - 41- LH
Fonn
(qw.1-2014)

Return of Organization Exempt From Income Tax

Transcription

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