2025-11-07T14:08:53-06:00 2024-12-31 333709623 COHNREZNICK ADVISORY LLC 14 SYLVAN WAY PARSIPPANY NJ 070543801 990 2024-01-01 520741393 LOGISTICS MANAGEMENT INSTITUTE LOGI 7039179800 7940 JONES BRANCH DRIVE 600 MCLEAN VA 22102 PASQUALE M TAMBURRINO JR COO 7039179800 2025-11-07 1 1 LORI ROTHE YOKOBOSKY P01273422 9732283500 2025-11-07 2024 2025-03-06 01:10:19Z NOBLEREACH FOUNDATION PASQUALE M TAMBURRINO J 7940 JONES BRANCH DRIVE 600 MCLEAN VA 22102 127622438 0 X NOBLEREACHFOUNDATION.ORG X 1961 DE TO CONVENE THE BEST AND BRIGHTEST MINDS TO HELP SOLVE THE NATION'S MOST PRESSING CHALLENGES. 10 9 71 10 0 0 7426233 4333121 44573654 6577604 11708422 19208018 85030 193506 63793339 30312249 0 613799 0 0 11352688 12996678 0 0 0 59490733 26674040 70843421 40284517 -7050082 -9972268 437956433 447938595 24003972 21197994 413952461 426740601 X SEE SCHEDULE OLOGISTICS MANAGEMENT INSTITUTE WAS REBRANDED AND REIMAGINED AS NOBLEREACH FOUNDATION FOLLOWING THE DIVESTITURE OF ITS GOVERNMENT CONTRACTING PRACTICE IN JULY 2022. NOBLEREACH'S MISSION, WHILE STILL ROOTED IN SERVING THE PUBLIC SECTOR AND THE NATIONAL INTEREST, IS UPDATED FOR THE 21ST CENTURY TO FOCUS ON TALENT AND INNOVATION. WE BELIEVE THAT AMERICA'S PROSPERITY AND ITS NATIONAL AND ECONOMIC SECURITY DEMAND A RENEWED SPIRIT OF NATIONAL SERVICE AND PUBLIC PURPOSE AMONG OUR BRIGHTEST MINDS AS WELL AS THE PROMOTION OF MISSION-SERVING INNOVATION ECOSYSTEMS.TODAY, NOBLEREACH SEEKS TO UNITE THE ENTREPRENEURIAL AGILITY OF THE PRIVATE SECTOR, THE IDEAS AND TALENT FROM ACADEMIA, AND THE SCALE AND PURPOSE OF THE PUBLIC SECTOR TO DRIVE INNOVATION TOWARD SOLVING OUR NATION'S TOUGHEST CHALLENGES BY INSPIRING THE NEXT GENERATION OF MISSION-DRIVEN CHANGEMAKERS. 0 0 18217503 613799 5784640 IN 2024, THE ORGANIZATION'S SECOND FULL YEAR OPERATING AS NOBLEREACH FOUNDATION, WE CONTINUED TO SCALE OUR THREE MAIN AREAS OF PROGRAM SERVICES: ACADEMIC PARTNERSHIPS, INNOVATION, AND TALENT.ACADEMIC PARTNERSHIPS: THROUGHOUT 2024, NOBLEREACH EXPANDED AND DEEPENED ITS 30+ ACADEMIC PARTNERSHIPS WITH A DIVERSE RANGE OF COLLEGES AND UNIVERSITIES THROUGH CONVENINGS, CURRICULUM OFFERINGS, AND INTERNSHIP PROGRAMS. IN 2024, WE HOSTED MORE THAN 10 ENTREPRENEURSHIP AND PUBLIC SERVICE CONVENINGS AND CASE COMPETITIONS WITH UNIVERSITIES ACROSS THE U.S.INCLUDING HARVARD, STANFORD, AND YALE DELIVERED CURRICULUM PROGRAMS TO OVER 10 UNIVERSITIES SUCH AS UC DAVIS, NORTHWESTERN, AND THE UNIVERSITY OF PITTSBURGH, AND LAUNCHED A CERTIFICATE PROGRAM WITH PURDUE UNIVERSITY. 5718210 INNOVATION: WE WORK WITH ACADEMIC PARTNERS TO IDENTIFY PROMISING RESEARCH, GUIDE IT OUT OF THE LAB, AND BUILD LOCAL CAPABILITIES AND PIPELINES OF TALENT, STRENGTHENING LOCAL TALENT ECOSYSTEMS ACROSS THE NATION. IN 2024, OUR INNOVATION EFFORTS FOCUSED ON OUR PARTNERSHIPS WITH THE DEFENSE ADVANCED RESEARCH PROJECTS AGENCY (DARPA) AND THE NATIONAL SCIENCE FOUNDATION (NSF) TO SUPPORT THEIR TECHNOLOGY TRANSLATION AND COMMERCIALIZATION EFFORTS. WE ALSO ENGAGED WITH POTENTIAL ACADEMIC PARTNERS ACROSS THE US AND BEGAN A PILOT PROGRAM WITH NORTHEASTERN UNIVERSITY'S CENTER FOR RESEARCH INNOVATION (CRI) TO ACCELERATE THE TRANSLATION OF IMPACTFUL TECHNOLOGIES.CONTRIBUTIONS RELATED TO THIS PROGRAM OF $4,333,121 CAN BE FOUND ON PART VIII, LINE 1E. 1598443 792964 TALENT: WORK WITH STUDENTS AND RECENT GRADUATES TO CULTIVATE TALENT THAT WILL SERVE THE PUBLIC SECTOR. IN 2024, OUR TALENT AND POLICY INITIATIVES INVOLVED POLICY CONVENINGS AND ENTREPRENEURSHIP COMPETITIONS AT EVENTS, COLLEGES, AND UNIVERSITIES AND AN EDUCATION-FOCUSED INTERNSHIP PROGRAM AS WELL AS LAYING THE GROUNDWORK FOR THE LAUNCH OF OUR CLASS OF NOBLEREACH SCHOLARS IN AUGUST 2024.IN THE INAUGURAL CLASS OF OUR SCHOLARS PROGRAM, WE FACILITATED PLACEMENT OF GRADUATES IN GOVERNMENT AGENCIES WITH YEAR-LONG PLACEMENTS FOCUSING ON AI, CYBERSECURITY, BUSINESS PROCESS INNOVATION, MATERIALS & MANUFACTURING, AND MORE. WE PROVIDE PROFESSIONAL DEVELOPMENT, MENTORSHIP, AND A COMMUNITY OF PEERS, ALUMNI, AND ROLE MODELS TO PROGRAM PARTICIPANTS. 25534156 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 86 0 1 71 1 0 1 LY SA 0 0 0 0 0 0 0 0 1 0 X 10 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X PASQUALE M TAMBURRINO JR 7039179800 7940 JONES BRANCH DRIVE 600 MCLEAN VA 22102 ANN DUNWOODY BOARD DIRECTOR 1.00 X 67500 0 0 ARUN GUPTA CEO AND BOARD DIRECTOR 40.00 X X 1028215 0 52277 CONSTANTINE SAAB BOARD DIRECTOR 1.00 X 56250 0 0 DAVE MCCURDY BOARD DIRECTOR 1.00 X 67500 0 0 KRISHNAN RAJAGOPALAN BOARD DIRECTOR 1.00 X 37500 0 0 LESLIE SMITH BOARD DIRECTOR 1.00 X 56250 0 0 LISA DISBROW BOARD CHAIR 1.00 X X 78750 0 0 RAQUEL BONO BOARD DIRECTOR 1.00 X 56964 0 0 ROBERT DAIL BOARD DIRECTOR 1.00 X 67853 0 0 TODD STOTTLEMYER BOARD DIRECTOR 1.00 X 56250 0 0 PASQUALE M TAMBURRINO JR CAO & TREASURER 40.00 X 414960 0 27204 STEPHANIE DEFINO CFO 40.00 X 577580 0 44978 GLENN GAFFNEY OUTGOING FELLOW 40.00 X 351831 0 22378 CHARLENE MARINI SR. COMMERCIALIZATION ADVISOR 40.00 X 346961 0 41600 JEREMY JOSEPH LEGAL COUNCIL 40.00 X 448250 0 52418 LINDA BIXBY EVP, ACADEMIC PARTNERSHIPS 40.00 X 405830 0 32412 PETROS KOTIDIS SENIOR COMMERCIALIZATION ADVISOR 40.00 X 387778 0 15782 SIMON DAVIDSON SENIOR FELLOW 40.00 X 696743 0 53697 5202965 0 342746 36 0 1 0 COHNREZNICK 14 SYLVAN WAY 3RD FLOOR PARISPPANY NJ 07054 ACCOUNTING SERVICES 1307036 APPIAN PARTNERS LLC 502 SCRIMSHAW WAY SEVERNA PARK MD 21146 CONSULTING SERVICES 425865 KPV ADVISORS LLC 10 BLANCHARD STREET MARBLEHEAD MA 01945 CONSULTING SERVICES 296269 SREE RAMASWAMY LLC 5901 COBALT RD BETHESDA MD 20816 CONSULTING SERVICES 261873 PACIFICOPTICA LLC 576 NOEL COURT SANTA BARBARA CA 93111 CONSULTING SERVICES 230000 10 4333121 4333121 CONTRACTED SERVICES 541900 6577604 6577604 6577604 13744173 13744173 25748 25748 167758 0 167758 167758 167758 102768477 5557 97310189 0 5458288 5557 5463845 5463845 30312249 6577604 0 19401524 X 613799 613799 3128273 1878210 1250063 7999020 4867834 3131186 475821 212179 263642 736619 328474 408145 656945 292946 363999 215686 96179 119507 1061968 1061968 972161 972161 4365629 2982704 1382925 215228 84159 131069 279398 124606 154792 746600 402484 344116 2257 2257 4389442 1882541 2506901 346545 190636 155909 289739 108732 181007 914320 740793 173527 193371 86228 107143 PASSTHROUGH EXPENSES 8005119 8005119 IMPAIRMENT LOSS 2969368 1968170 1001198 SPONSORSHIPS 616731 275014 341717 DUES 94087 41956 52131 996391 349136 647255 40284517 25534156 14750361 0 19668407 29651523 12077143 4104772 1106583 494775 1161411 868019 5058128 4372941 566744 685187 381218410 396061687 21145003 15055701 1012732 1016931 437956433 447938595 4308110 4208875 19695862 16989119 24003972 21197994 X 413952461 426740601 413952461 426740601 437956433 447938595 -9972268 22760408 0 X 0 1 X 1 0 X 7426233 4333121 11759354 399461982 421728905 341380670 44573654 6577604 1213722815 399461982 421728905 341380670 51999887 10910725 1225482169 0 265526512 271773238 215952780 32794169 4616256 790662955 265526512 271773238 215952780 32794169 4616256 790662955 434819214 1032751 159138 5110181 11075095 13937679 31314844 1032751 159138 5110181 11075095 13937679 31314844 400681 21672 85030 507383 400895414 421909715 346490851 63160012 24848404 1257304396 0.34580 0.34570 0.02490 0.01340 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 400,681. 2021 AMOUNT: $ 21,672. 2023 AMOUNT: $ 85,030. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 781377 379968 401409 1692675 1490653 202022 2584076 2502320 81756 685187 DEFERRED RENT LIABILITY 16913695 OTHER LT LIABILITIES 75424 16989119 X 44899780 22760408 -8172877 14587531 30312249 0 30312249 32115839 4199 4199 32111640 8172877 8172877 40284517 PART X, LINE 2: LOGISTIC MANAGEMENT INSTITUTE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE EXCEPT FOR UNRELATED BUSINESS INCOME. ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S CONSOLIDATED FINANCIAL STATEMENT AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE CONSOLIDATED FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE COMPANY HAS EVALUATED AND DETERMINED THERE ARE NO UNRECOGNIZED TAX EXPOSURE AND UNCERTAIN TAX POSITIONS AS OF DECEMBER 31,2024. PART XI, LINE 2D - OTHER ADJUSTMENTS: RECLASS PASSTHROUGH EXPENSES -8,172,877. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ORGANIZATION EXPENSES 4,199. PART XII, LINE 4B - OTHER ADJUSTMENTS: RECLASS PASSTHROUGH EXPENSES 8,172,877. MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 PROGRAM SERVICES LEGAL SERVICES 59712 0 0 0 0 0 0 59712 0 59712 0 0 0 0 0 1 0 STANDFORD UNIVERSITY 485 BROADWAY ST 1ST FLOOR REDWOOD CITY CA 94063 941156365 501(C)(3) 8000 0 UNRESTRICTED CONTRIBUTION IN SUPPORT OF THE ORGANIZTION'S MISSION CARNEGIE MELLON UNIVERSITY 500 ROSS STREET PITTSBURGH PA 15262 250969449 501(S)(3) 250000 0 TO SUPPORT OFAI PROJECT GORDIAN KNOT 485 BROADWAY MAIL CODE 8838 REDWOOD CITY CA 94063 941156365 501(C)(3) 75000 0 UNRESTRICTED CONTRIBUTION IN SUPPORT OF THE ORGANIZTION'S MISSION DIGITAL HARBOR FOUNDATION 1045 LIGHT STREET BALTIMORE MD 21230 452536579 501(P)(3) 250000 0 RENAISSANCE PHILANTHROPY YOUTH LEADERSHIP INSTITUTE 447 KING AVE FREMONT CA 94536 680184712 501(C)(3) 7500 0 UNRESTRICTED CONTRIBUTION IN SUPPORT OF THE ORGANIZTION'S MISSION 5 X X X X X 0 0 0 1 0 1 0 0 0 ARUN GUPTA CEO AND BOARD DIRECTOR 737835 0 288000 0 2380 0 13800 0 38477 0 1080492 0 0 0 SIMON DAVIDSON SENIOR FELLOW 412783 0 281580 0 2380 0 24150 0 29547 0 750440 0 0 0 STEPHANIE DEFINO CFO 416380 0 160000 0 1200 0 23250 0 21728 0 622558 0 0 0 JEREMY JOSEPH LEGAL COUNCIL 368670 0 78750 0 830 0 24150 0 28268 0 500668 0 0 0 PASQUALE M TAMBURRINO JR CAO & TREASURER 330480 0 80125 0 4355 0 24011 0 3193 0 442164 0 0 0 LINDA BIXBY EVP, ACADEMIC PARTNERSHIPS 323077 0 79100 0 3653 0 20517 0 11895 0 438242 0 0 0 PETROS KOTIDIS SENIOR COMMERCIALIZATION ADVISOR 280125 0 104000 0 3653 0 13800 0 1982 0 403560 0 0 0 CHARLENE MARINI SR. COMMERCIALIZATION ADVISOR 258582 0 87550 0 829 0 20708 0 20892 0 388561 0 0 0 GLENN GAFFNEY OUTGOING FELLOW 114827 0 189696 0 47308 0 21344 0 1034 0 374209 0 0 0 PART I, LINE 5 REGULAR FULL-TIME EMPLOYEES MAY BE ELIGIBLE FOR DISCRETIONARY ANNUAL PERFORMANCE BONUSES. THE PURPOSE OF THESE DISCRETIONARY BONUSES IS TO FOCUS, MOTIVATE, AND REWARD EMPLOYEES FOR THE ACHIEVEMENT OF GOALS AND OUTCOMES THAT, IN THE NEAR TERM, ADVANCE THE ORGANIZATION'S MISSION. PART I, LINE 6 REGULAR FULL-TIME EMPLOYEES MAY BE ELIGIBLE FOR DISCRETIONARY ANNUAL PERFORMANCE BONUSES. THE PURPOSE OF THESE DISCRETIONARY BONUSES IS TO FOCUS, MOTIVATE, AND REWARD EMPLOYEES FOR THE ACHIEVEMENT OF GOALS AND OUTCOMES THAT, IN THE NEAR TERM, ADVANCE THE ORGANIZATION'S MISSION. FORM 990, PART I, ITEM C DBA: NOBLEREACH FOUNDATION FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION SUMMARIZES THE INFORMATION TO BE INCLUDED ON THE FORM 990 AND PROVIDES A DRAFT AND SUPPORTING DOCUMENTATION TO A THIRD-PARTY TAX FIRM. THE THIRD-PARTY TAX FIRM REVIEWS AND COMPILES THE DRAFT FORM 990. MANAGEMENT REVIEWS THE DRAFT FORM 990. THE DRAFT FORM 990 IS MADE AVAILABLE TO THE ENTIRE BOARD, AND THE AUDIT, FINANCE, AND INVESTMENT COMMITTEE IS BRIEFED ON THE DRAFT PRIOR TO SUBMITTING THE FORM 990 TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C UNDER ITS BYLAWS AND CONFLICT OF INTEREST POLICY, THE ORGANIZATION'S DIRECTORS, OFFICERS, AND EMPLOYEES ARE REQUIRED TO DISCLOSE ACTUAL OR APPARENT CONFLICTS OF INTERESTS AND ARE PROHIBITED FROM PARTICIPATING IN AND MUST RECUSE THEMSELVES FROM DECISIONS WHERE THEY MAY HAVE AN APPARENT OR ACTUAL CONFLICT OF INTEREST. FURTHER, THE ORGANIZATION CIRCULATES A SURVEY ANNUALLY TO ITS BOARD AND OFFICERS TO IDENTIFY CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION FOR THE OFFICERS OF THE COMPANY IS DETERMINED ANNUALLY. THE CEO & PRESIDENT PROVIDES AN EVALUATION OF THE PERFORMANCE OF EACH OF THE OFFICERS REPORTING TO HIM AND RECOMMENDS SALARY CHANGES AND BONUSES TO THE HR & COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. THE BOARD CHAIRMAN EVALUATES THE PERFORMANCE OF THE CEO AND REPORTS TO THE HR & COMPENSATION COMMITTEE. THE COMMITTEE RETAINS AN INDEPENDENT COMPENSATION CONSULTANT WHO PROVIDES MARKET DATA ON CASH COMPENSATION AND TOTAL COMPENSATION FROM OTHER COMPANIES IN THE INDUSTRY FOR ALL OF THE OFFICERS AND MAKES RECOMMENDATIONS TO THE COMMITTEE. THE COMMITTEE RECOMMENDS COMPENSATION CHANGES FOR THE OFFICERS TO THE BOARD FOR ITS APPROVAL. ALL VOTING MEMBERS OF THE COMMITTEE, AS WELL AS THE BOARD, ARE INDEPENDENT DIRECTORS. MANAGEMENT RETAINS AN OVERALL SALARY STRUCTURE WITH RANGES FOR VARIOUS POSITIONS BASED ON MARKET DATA THAT IS PERIODICALLY EVALUATED AND UPDATED. FOR OTHER EMPLOYEES OF THE COMPANY (INCLUDING NON-OFFICER KEY EMPLOYEES), MANAGEMENT ANNUALLY PROVIDES AN ANALYSIS OF NATIONAL AND REGIONAL MARKET DATA ON SALARY BUDGET INCREASES AND PROPOSES A SALARY BUDGET POOL FOR THE UPCOMING FISCAL YEAR; THIS IS REVIEWED BY THE HR & COMPENSATION COMMITTEE, AND THEN THE COMMITTEE'S RECOMMENDATION IS REVIEWED AND APPROVED BY THE BOARD. COMPENSATION OF INDIVIDUAL KEY EMPLOYEES IS DETERMINED BY THE OFFICER IN CHARGE IN CONSULTATION WITH EACH EMPLOYEE'S SUPERVISING PROGRAM DIRECTOR OR ADMINISTRATIVE DIRECTOR. DECISIONS ON ANY BONUS POOL ARE MADE BY THE BOARD AFTER THE FISCAL YEAR HAS ENDED AND THE HR & COMPENSATION COMMITTEE REVIEWS THE CORPORATE PERFORMANCE DATA AND MAKES A RECOMMENDATION TO THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER FEES: PROGRAM SERVICE EXPENSES 2,982,704. MANAGEMENT AND GENERAL EXPENSES 1,382,925. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,365,629. THE TAURI GROUP 7940 JONES BRANCH DRIVE TYSONS VA 22102 542021437 GOVT CONSULT DE LOG MNGT INST C 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0