Autoharvest Foundation
- Assets
- $169.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ann Arbor, MI
- Founding
- 11/2010
- Data as of
- 12/2018
- EIN
- 27-1679867
Organization Overview
Autoharvest Foundation is located in Ann Arbor, MI. The organization was established in 2010. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Autoharvest Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2018, Autoharvest Foundation generated $190.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (13.9%) each year. All expenses for the organization totaled $208.0k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (15.5%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2018
Describe the Organization's Mission:
Part 3 - Line 1
ACCELERATE INNOVATION FOR ADVANCED MANUFACTURING BY CREATING, WITH INDUSTRY LEADERS, A SAFE, INDEPENDENT GO TO E-COLLABORATION NETWORK THAT PROVIDES ADVANCED OPEN INNOVATION TOOLS FOR ALL ASPECTS OF THE MARKETPLACE.
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION WAS FORMED AND A BOARD OF DIRECTORS AND ADVISORY GROUP WAS CREATED TO DESIGN AND IMPLEMENT A BUSINESS PLAN TO CREATE A UNIQUE SYSTEM OFFERING GRASS ROOTS PARTICIPATION IN AN ONLINE SYSTEM TO ACCELERATE THE ADOPTION OF INNOVATION IN ADVANCED MANUFACTURING IN THE UNITED STATES. DURING THIS TIME AN "INTEREST GROUP" WAS FORMED COMPRISED OF LEADERS IN RESEARCH AND DEVELOPMENT FROM LEADING GOVERNMENT, ACADEMIC, AND INDUSTRIAL ORGANIZATIONS TO PROVIDE INSIGHTS AND FEEDBACK TO HELP AUTOHARVEST UNDERSTAND BOTTLENECKS AND LIMITATIONS IN THE CURRENT INNVOATION SYSTEM WIDELY UTILIZED IN THE UNITED STATES. THIS INTERACTIVE FORUM HAS ALLOWED AUTOHARVEST TO DEVELOP A BUSINESS PLAN WHICH WILL AFFECT INDIVIDUALS ON A PRIVATE BASIS BECOME MORE INFORMED AND ENGAGED IN THE INNOVATION PROCESS, WHICH IS CRITICAL TO THE UNITED STATES MAINTAINING ITS ECONOMIC HEALTH IN THE COMING DECADES. THE NUMBER OF PERSONS WHO WILL BENEFIT NUMBER IN THE THOUSANDS.
AUTOHARVEST BETA SYSTEM IS THE ACTUAL WEB BASED IT SYSTEM WHICH GIVES MEMBERS COLLABORATION OPPORTUNITIES REGARDING TECHNOLOGY SOLUTIONS, RESEARCH AND EXPERTISE, AND FINANCIAL SUPPORT. BETA SERVES AS A WEB BASED PORTAL ALLOWING MEMBERS TO FORM GROUPS, EXCHANGE MESSAGES, AND NETWORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jayson Pankin President & CEO | 40 | $0 | |
Terry Cross Lead Director | 0 | $0 | |
Dr Thomas Anderson Director | 0 | $0 | |
Dr Val Livada Director | 0 | $0 | |
Dr David E Cole Chairman & Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $8,497 |
| Membership dues | $181,250 |
| Investment income | $828 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $190,575 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $7,750 |
| Occupancy, rent, utilities, and maintenance | $24,520 |
| Printing, publications, postage, and shipping | $7,350 |
| Other expenses | $168,389 |
| Total expenses | $208,009 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $163,960 |
| Other assets | $0 |
| Total assets | $169,052 |
| Total liabilities | $682,036 |
| Net assets or fund balances | -$512,984 |