2025-11-17T08:34:32-06:00 2024-12-31 541029635 THOMPSON GREENSPON 4035 RIDGE TOP RD SUITE 700 FAIRFAX VA 22030 990 2024-01-01 823170835 THE SUNWATER INSTITUTE SUNW 2406304964 12358 PARKLAWN DRIVE 240 NORTH BETHESDA MD 20852 MATTHEW CHERVENAK CHAIRMAN 2406304964 2025-11-13 1 0 TRACY M MOREY CPA P01521539 7033858888 2024 2025-03-06 01:10:19Z MATTHEW CHERVENAK 12358 PARKLAWN DRIVE SUITE 240 NORTH BETHESDA MD 20852 625939 0 X SUNWATER.ORG X 2017 DC THE SUNWATER INSTITUTE'S MISSION IS TO STRENGTHEN THE FOUNDATIONS OF DEMOCRACY THROUGH INTERDISCIPLINARY SCIENCE, TECHNOLOGY, AND OPEN DIALOGUE TO FOSTER A SOCIETY BUILT ON INDIVIDUAL LIBERTY REACHING ITS MAXIMUM POTENTIAL. 5 3 12 52 0 0 834177 18119 161756 354572 0 0 96516 42326 1092449 415017 102222 81873 0 0 1017705 1068100 0 0 207823 1886726 2021370 3006653 3171343 -1914204 -2756326 4181600 4657027 7988514 11219267 -3806914 -6562240 THE SUNWATER INSTITUTE'S MISSION IS TO STRENGTHEN THE FOUNDATIONS OF DEMOCRACY THROUGH INTERDISCIPLINARY SCIENCE, TECHNOLOGY, AND OPEN DIALOGUE TO FOSTER A SOCIETY BUILT ON INDIVIDUAL LIBERTY REACHING ITS MAXIMUM POTENTIAL. 0 0 2353016 81873 396898 THE SUNWATER INSTITUTE FOCUSES ON THREE FUNDAMENTAL CONCEPTS PROPERTY, ON WHICH OUR ECONOMY IS BUILT, GROUP DECISION-MAKING, ON WHICH OUR GOVERNMENT IS BUILT, AND RIGHTS AND LIBERTIES, ON WHICH OUR FREEDOM IS BUILT. THE FOCUS ON THESE FUNDAMENTAL CONCEPTS, ALONG WITH A LONG-TERM, INTERDISCIPLINARY, AND NONPARTISAN APPROACH GIVES THE SUNWATER INSTITUTE A UNIQUE PERSPECTIVE ON DATA RESEARCH, CONFERENCES, TRAININGS, ACADEMIC ARTICLES, SOCIAL MEDIA, AND VIDEO OUTPUTS. 2353016 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 42 0 1 12 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 5 3 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS MO NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X STEPHANIE GUALINO 2406304964 12358 PARKLAWN DRIVE SUITE 240 NORTH BETHESDA MD 20852 X MATTHEW M CHERVENAK CHAIRMAN 10.00 X X 0 0 0 STEPHANY N YU VICE CHAIRMAN 1.00 X X 0 0 0 ERIC MCANDREWS DIRECTOR 0.10 X 0 0 0 MICHAEL HICKEY DIRECTOR 0.10 X 0 0 0 JON ZIFFERBLATT DIRECTOR 0.10 X 0 0 0 STEPHANIE GUALINO TREASURER 1.50 X 0 0 0 ARIC LAVINTHAL SECRETARY 2.00 X 0 0 0 MATTHEW BARNES SALES & OPERATINGS MANAGER 40.00 X 126247 0 7098 ANI HARUTYUNYAN SCHOLAR 40.00 X 153899 0 9676 IRFAN HUSSAIN DIRECTOR, DATA SCIENCE AND OPERATIONS 40.00 X 158361 0 11316 CARTER LAUGHLIN DIRECTOR OF DEVELOPMENT 40.00 X 125241 0 13903 ALEXANDER LYTE DIRECTOR OF PRODUCT 40.00 X 144111 0 15239 707859 0 57232 6 0 1 0 REFRAME DATA SERVICES LLC 12358 PARKLAWN DRIVE SUITE 220 NORTH BETHESDA MD 20852 PROFESSIONAL INFORMATION TECHNOLOGY 625279 SUNWATER CAPITAL MANAGEMENT 12358 PARKLAWN DRIVE SUITE 220 NORTH BETHESDA MD 20852 ADMINISTRATIVE SERVICES 187838 RR DONNELLEY AND SONS COMPANY 227 WEST MONROE STREET SUITE 500 CHICAGO IL 60606 MARKETING 163451 LOTZAP 120 LAKEVIEW DR 214 WESTON FL 33326 CLOUD/DEVELOPMENT SERVICES 132000 LUCASTLE LLC 247 QUEENS CT SATELLITE BEACH FL 32937 WEBSITE CONSULTING 103020 5 18119 18119 EDUCATION REVENUE 611430 191333 191333 SUBSCRIPTION REVENUE 541900 159739 159739 OTHER REVENUE 900099 3500 3500 354572 253248 210922 42326 42326 415017 396898 0 0 X 81873 81873 895036 757130 137906 24144 19883 4261 79435 65414 14021 69485 59436 10049 48034 48034 961818 728520 233298 14261 14261 67393 30584 36809 97382 75109 22273 259960 219500 40460 18993 18993 254259 254259 279092 277966 1126 3786 3786 REGISTRATION/LICENSING 11670 11670 PRINTING AND REPRODUCTI 3334 3334 MEDIA PRODUCTION EXPENS 1013 1013 WITHHOLDING TAX 375 375 3171343 2353016 610504 207823 162903 239674 68464 15865 891 9297 1560 1560 53515 4944 39909 10596 24018 29313 1991560 2696010 1878689 1660364 4181600 4657027 411065 606735 86607 125154 5321907 8576166 60000 30000 2108935 1881212 7988514 11219267 X -3921914 -6562240 115000 0 -3806914 -6562240 4181600 4657027 X -2756326 1000 X 0 1 X 0 0 X 300009 96156 30262 834177 18119 1278723 3474 416268 607820 1027562 300009 96156 33736 1250445 625939 2306285 300000 40000 815000 1155000 162190 162190 300000 40000 815000 162190 1317190 989095 25 25 25 25 79 79 300009 96181 33736 1250524 625939 2306389 0.42890 0.00000 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 39909 10596 29313 29313 SECURITY DEPOSIT 16654 RIGHT OF USE ASSET 1643710 1660364 OPERATING LEASE LIABILITY 1881212 1881212 X 678732 52793 210922 263715 415017 0 415017 3434058 52793 -5000 4000 210922 262715 3171343 0 3171343 PART X, LINE 2: SWI COMPLIES WITH THE PROVISIONS OF THE FASB ASC TOPIC ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023, NO UNRECOGNIZED TAX PROVISION OR BENEFIT EXISTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 210,922. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 210,922. 1 YALE UNIVERSITY OFFICE OF SPONSORED PROJECTS PO BOX 208327 NEW HAVEN CT 06520 060646973 501(C)3 81873 0 SPONSORSHIP TO FUND RESEARCH PROGRAM IN THE FIELDS OF GROUP DECISION MAKING AND EVOLUTIONARY PERSPECTIVES ON RIGHTS AND LIBERTIES. 1 PART I, LINE 2: THE ORGANIZATION HAS PERIODIC CHECKPOINTS WITH THE GRANTEES THROUGHOUT THE GRANT PERIOD, HAS AN INTERNAL PROCESS FOR APPROVING FUNDING REQUESTS, AND REVIEWS THE GRANT FINANCIALS IN ACCORDANCE WITH GRANT AGREEMENTS. 0 0 0 0 0 0 0 1 0 IRFAN HUSSAIN DIRECTOR, DATA SCIENCE AND OPERATION 158361 0 0 0 0 0 4200 0 7116 0 169677 0 0 0 ANI HARUTYUNYAN SCHOLAR 107366 0 25000 0 21533 0 5299 0 4377 0 163575 0 0 0 ALEXANDER LYTE DIRECTOR OF PRODUCT 144111 0 0 0 0 0 3900 0 11339 0 159350 0 0 0 PART I, LINE 7 ANI HARUTYUNYAN RECEIVED NON-FIXED DISCRETIONARY BONUS OF $25,000. THIS WAS AWARDED IN 2023 AND PAID OUT IN 2024. SUNWATER GROUP LLC OWNED BY BOARD MEMBER LOAN FOR OPERATIONAL COSTS X 2265000 2404994 0 1 1 M CHERVENAK BOARD MEMBER LOAN FOR OPERATIONAL COSTS X 5950000 6171172 0 1 1 8576166 SUNWATER CAPITAL MANAGEMENT LLC 100% CONTROLLED BY TWO BOARD MEMBERS 187838 PROFESSIONAL FEES 0 REFRAME DATA SERVICES OWNED BY BOARD MEMBER 625279 PROFESSIONAL FEES 0 GREENCOURT LLC OWNED BY BOARD MEMBER 245750 RENT FEES 0 FORM 990, PART VI, SECTION A, LINE 1A AS INCLUDED IN THE 1023 APPLICATION, THERE ARE TWO CLASSES OF DIRECTORS, CLASS A AND B, WITH THE CLASS A DIRECTORS HAVING CERTAIN SUPERIOR RIGHTS WITH RESPECT TO BOARD COMPENSATION, OFFICER SELECTION, AND BYLAWS AMENDMENTS. FORM 990, PART VI, SECTION A, LINE 2 MATHEW CHERVENAK AND STEPHANY YU ARE MARRIED. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AN AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 BEFORE IT IS FILED IS REVIEWED BY EACH BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REVIEWS THE CONFLICT OF INTEREST POLICY FOR POSSIBLE VIOLATIONS AT EACH ANNUAL BOARD MEETING. FORM 990, PART VI, SECTION C, LINE 19 THE SUNWATER INSTITUTE'S BYLAWS, ARTICLES OF INCORPORATION, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO ANYONE WHO REQUESTS THEM. FURTHER, THE SUNWATER INSTITUTE HAS ALWAYS COMPLIED AND WILL CONTINUE TO COMPLY, WITH THE MANDATE THAT FORM 990 BE MADE PUBLICLY AVAILABLE. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES : RECRUITING FEE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 715. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 715. PROFESSIONAL FEES : MARKETING: PROGRAM SERVICE EXPENSES 29,686. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 29,686. PROFESSIONAL FEES : SCHOLARS: PROGRAM SERVICE EXPENSES 79,374. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 79,374. PROFESSIONAL FEES : SOFTWARE DEV/OPS: PROGRAM SERVICE EXPENSES 554,384. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 554,384. PROFESSIONAL FEES : OTHER: PROGRAM SERVICE EXPENSES 65,076. MANAGEMENT AND GENERAL EXPENSES 10,173. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 75,249. PROFESSIONAL FEES : REPORTING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 222,410. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 222,410. FORM 990, PART XI, LINE 9: REFUND OF PRIOR YEAR EXPENSES 5,000. BAD DEBT - UNCOLLECTIBLE PLEDGE -4,000.