Tau Zero Foundation Inc
- Assets
- $24.5k
- Revenue
- $154.7k
- Investments
- $0.0
- Employees
- 2
- Location
- Parma, OH
- Founding
- 03/2007
- Data as of
- 12/2017
- EIN
- 65-1288002
Organization Overview
Tau Zero Foundation Inc is located in Parma, OH. The organization was established in 2007. According to its NTEE Classification (U31) the organization is classified as: Astronomy, under the broad grouping of Science & Technology and related organizations. As of 12/2017, Tau Zero Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tau Zero Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2017
Describe the Organization's Mission:
Part 3 - Line 1
LEAD THE DEVELOPMENT OF PROPULSION AND POWER TECHNOLOGIES TO ENABLE HUMAN INTERSTELLAR TRAVEL. WITH A FOCUS ON BREAKTHROUGH TECHNOLOGIES, ACCOMPLISH INCREMENTALLY WHAT CAN BE DONE TODAY BY: 1) RESEARCH AND DEVELOPMENT OF PROMISING BREAKTHROUGH PROPULSION PHYSICS 2) ADVANCING PROPULSION AND ENERGY STORAGE CAPABILITIES FOR NEAR TERM SPACE EFFORTS 3) ENCOURAGE DEVELOPMENT OF THE TECHNICAL SKILL BASE REQUIRED TO ACCELERATE ACHIEVEMENT OF OUR VISION
Describe the Organization's Program Activity:
Part 3 - Line 4a
1) RESEARCH AND DEVELOPMENT OF PROMISING BREAKTHROUGH PROPULSION PHYSICS
2) ADVANCING PROPULSION AND ENERGY STORAGE CAPABILITIES FOR NEAR TERM SPACE
3) ENCOURAGE DEVELOPMENT OF THE TECHNICAL SKILL BASE REQUIRED TO ACCELERATE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marc G Millis Founder | Officer | 30 | $77,826 |
Rhonda Stevenson CEO | Officer | 20 | $32,325 |
Paul Gilster Social Media | Officer | 0 | $0 |
Rod Pyle Chief Media | Officer | 0 | $0 |
Andrew Aldrin Chief Strate | Officer | 0 | $0 |
Jeff Greason Board Chairm | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $149,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,040 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $154,540 |
| Total Program Service Revenue | $0 |
| Investment income | $113 |
| 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 | $154,653 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $108,660 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,199 |
| Fees for services: Management | $372 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $847 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $495 |
| Advertising and promotion | $6,190 |
| Office expenses | $806 |
| Information technology | $1,807 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $8,579 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,076 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $137,031 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$1 |
| Savings and temporary cash investments | $24,519 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $24,518 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $24,518 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $24,518 |
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|---|---|---|
Mufon Mutual Ufo Network Inc Cincinnati, OH | $218,609 | $652,539 |
Order Italian Sons And Daughters Of America Washington, PA | $401,344 | $236,859 |
Tau Zero Foundation Inc Parma, OH | $24,518 | $154,653 |
Blue Star Mothers Of America Inc Atlanta, MI | $268,790 | $0 |
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Orions Quest Livonia, MI | $15,500 | $0 |
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Society For Mass Spectrometry Imaging Unionville, PA | $30,160 | $0 |
The Cincinnati Astronomical Society Cleves, OH | $0 | $20,276 |
Order Of Eastern Star Of Indiana Terre Haute, IN | $1 | $0 |
Ancient Astronaut Society Inc Franklin, KY | $0 | $0 |
Lone Star Foundation Copley, OH | $515,464 | $11,020 |