Perlan Project Inc

Organization Overview

Perlan Project Inc is located in Beaverton, OR. The organization was established in 2011. According to its NTEE Classification (U12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Perlan Project Inc 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 12/2022, Perlan Project Inc generated $860.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (14.0%) each year. All expenses for the organization totaled $649.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

USE ZERO EMISSION, HIGH ALTITUDE GLIDERS FLYING IN THE LOWER STRATOSPHERE UP TO THE EDGE OF SPACE TO GATHER DATA ON CONDITIONS BOTH NATURAL AND INTRODUCED BY HUMAN ACTIVITIES THAT IMPACT OUR PLANET'S WEATHER AND CLIMATE .

Describe the Organization's Program Activity:

Part 3 - Line 4a

MAKE UPGRADES TO THE PERLAN 2 PRESSURIZED RESEARCH GLIDER IN PREPARATION FOR CONDUCTING FURTHER STUDIES OF THE STRATOSPHERIC MOUNTAIN WAVE GENERATED BY THE POLAR VORTEX OVER THE SOUTHERN ANDES. MODIFY AND FLY A GLIDER TO CARRY A SPECIALLY BUILT JET ENGINE FUELED BY HYDROGEN TO STUDY WHETHER LARGER STRATOSPHERIC CONTRAILS CONTAINING ONLY WATER MAY PERSIST AND FORM CONTRAIL-CIRRUS CLOUD DECKS THAT WHILE CLEANING THE ATMOSPHERE MIGHT UNINTENTIONALLY ACCELERATE GLOBAL WARMING IF AIRCRAFT OF THE FUTURE ARE FUELED BY CLEAN HYDROGEN.


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Board, Officers & Key Employees

Name (title)Compensation
Edward Warnock
CEO
$34,969
Morgan Sandercock
Project Manager
$101,225
Jim Payne
Chairman
$66,837
Elizabeth Austin
Chief Scientist
$0
Stephane Fymat
Member At Large
$0
Tim Gardner
Member At Large
$60,600

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$16,350
Noncash contributions included in lines 1a–1f $13,040
Total Revenue from Contributions, Gifts, Grants & Similar$16,350
Total Program Service Revenue$843,084
Investment income $50
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $860,423

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