Uplands Science & Technology Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Raising each dollar of donations cost 149 cents.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
THE UPLANDS SCIENCE & TECHNOLOGY FOUNDATION IS A 501(C)(3) NONPROFIT RESEARCH FOUNDATION WHOSE MISSION IS TO SUPPORT THE VITALITY OF THE WESTGATE@CRANE TECHNOLOGY PARK. THE BOARD IS ASSISTED BY ADVISORS FROM NSWC CRANE AND VARIOUS REGIONAL, STATE, AND NATIONAL PARTNERS TO ENSURE CROSS-SECTOR ALIGNMENT, STRONG COMMUNICATION, AND THE DEPLOYMENT OF BEST PRACTICES IN TECHNOLOGY PARK DEVELOPMENT.USTF'S PRIMARY PURPOSE IS TO:- FACILITATE THE TRANSFORMATION OF WESTGATE INTO AN INNOVATION COMMUNITY,- LEAD THE TECHNOLOGY PARK'S DEVELOPMENT STRATEGY BY MANAGING AND COORDINATING THE PARK'S REAL ESTATE ASSETS AND DEVELOPMENT PROCESS,- DRIVE NEW ACTIVITIES AND ATTRACT NEW FIRMS AND TALENT IN EMERGING TECHNOLOGY AREAS LIKE MICROELECTRONICS, ARTIFICIAL INTELLIGENCE, AND HYPERSONICS, AND- CREATE A UNIQUE REGIONAL HUB WITH A DISTINCTIVE SENSE OF PLACE.
- Income
- $30,000
- Spending
- $260,732
- Spent on programs
- 58%
- Reserves
- 9.8 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 1
- Volunteers
- 14
- Highest pay
- $162,500, ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 44 out of 100. Higher than 15% of charities in its peer group (science, under $250k).
Reserves
28 of 35Spendable reserves would cover 9.8 months of spending.
Debt
16 of 20It owes 16% of what it owns.
Living within its means
0 of 15Spending exceeded income by 769% of income.
Income trend
0 of 15Income fell 95% on the year before.
Spending floor
0 of 1558% of spending went to programs and raising each dollar of donations cost 149 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 82 out of 100. Higher than 75% of charities in its peer group (science, under $250k).
Independent board
25 of 2514 of 14 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $151,055 spent. DURING 2024, USTF ASSISTED INDIANA COUNTIES DAVIESS, MARTIN AND GREENE BY SUPPORTING INFRASTRUCTURE INVESTMENTS WITHIN THE TECHNOLOGY PARK. USTF HELPED SECURE APPROX. $3M IN EDA FUNDING IN PARTNERSHIP WITH SIDC FOR EXPANDED WATER CAPACITY AT WESTGATE, HELPED SECURE APPROXIMATELY $5 MILLION IN FUNDING FROM THE FEDERAL GOVERNMENT FOR THE RECREATION AND READINESS INITIATIVE FOR A NEW REGIONAL PARK WITHIN THE TECHNOLOGY PARK WHILE ALSO PROTECTING FRINGE AREAS OF NSA CRANE, PARTNERED WITH REGIONAL OPPORTUNITY INITIATIVES, INC. TO SECURE PRELIMINARY APPROVAL FOR $5M IN FUNDING FOR WESTGATE@CRANE INFRASTRUCTURE, SUPPORTED EXECUTION OF NEW GATEWAY SIGNAGE WITHIN THE PARK, AND WORKED WITH DAVIESS COUNTY, THE WESTGATE AUTHORITY, AND PRIVATE DEVELOPERS ON IMPLEMENTING CCRS AND DEVELOPMENT STANDARDS IN THE PARK.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 2023.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.