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OPERATED PRIMARILY FOR SCIENTIFIC, EDUCATIONAL, CHARITABLE, OR SIMILAR PURPOSES.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$16.6M
Program Spending
88%
of total expenses go to program services
Total Contributions
$16.6M
Total Expenses
▼$16.5M
Total Assets
$29.8M
Total Liabilities
▼$29.5M
Net Assets
$298.4K
Officer Compensation
→$815.6K
Other Salaries
$2.8M
Investment Income
$30
Fundraising
▼N/A
Source: USAspending.gov · Searched by organization name
VA/DoD Awards
$86.7M
VA/DoD Award Count
10
Funding from the Department of Veterans Affairs and/or Department of Defense.
Total Federal Funding
$87.2M
Awards Found
11
Department of Defense
$4.8M
A PROPOSAL TO ACCELERATE UNDERSEA WEAPONS AND ENERGETICS TECHNOLOGY DEVELOPMENT USING MACHINE DISCOVERY & INVENTION (MD&I)
Department of Defense
$1.1M
ENERGETIC DEVELOPMENT SYSTEMS SUPPORT
Department of Defense
$600K
DEVELOPING AUTONOMY FOR USVS BY USING VIRTUAL ENVIRONMENTS
Department of Energy
$476.2K
THIS COOPERATIVE AGREEMENT IS AWARDED TO ENERGETICS TECHNOLOGY CENTER, INC. FOR A PROJECT ENTITLED ''CATHODE SCINTILLATOR DETECTOR FOR ELECTRO-CHEMISTRY”. THIS AWARD IS BEING MADE IN ACCORDANCE WITH DE-FOA-0002784 AND DE-FOA-0002785-LOW ENERGY NUCLEAR REACTIONS PROGRAM (LENR) AND APPLICATION CONTROL NUMBER 2784-1532.
Department of Defense
$331.8K
ENHANCING DOD'S ENERGETICS WORKFORCE
Department of Defense
$250K
DEVELOPING AUTONOMY FOR USV'S BY USING VIRTUAL ENVIRONMENTS
Department of Defense
$150K
"EFFECTS OF ELECTROMAGNETIC FIELDS ON ENERGETIC MATERIALS" SUBMITTED ON 17 JAN 2022 (THE RECIPIENT'S TECHNICAL PROPOSAL) IS INCORPORATED BY REFERENCE.
Department of Defense
$45K
ALUMINUM MICRO BALLOONS AS IMPROVED FUEL FOR WARHEAD EXPLOSIVES
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
10
Clean Audits
2
Material Weakness
Yes
Noncompliance Issues
Yes
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2025 | Clean | Unmodified (Clean) | $27.6M | No | 2026-02-11 |
| 2024 | Clean | Unmodified (Clean) | $15.9M | No | 2025-01-17 |
| 2023 | Minor Findings | Unmodified (Clean) | $13M | No | 2024-05-31 |
| 2022 | Minor Findings | Unmodified (Clean) | $10.8M | No | 2024-04-01 |
| 2021 | Material Weakness | Unmodified (Clean) | $5.6M | No | 2022-12-01 |
| 2020 | Material Weakness | Unmodified (Clean) | $4M | No | 2022-12-01 |
| 2019 | Material Weakness | Unmodified (Clean) | $4.8M | No | 2022-12-01 |
| 2018 | Material Weakness | Unmodified (Clean) | $5.5M | No | 2022-12-01 |
| 2017 | Minor Findings | Unmodified (Clean) | $3.7M | No | 2022-09-27 |
| 2016 | Minor Findings | Unmodified (Clean) | $2.8M | Yes | 2017-03-27 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$27.6M
Financial Report
Unmodified (Clean)
Federal Expenditure
$15.9M
Financial Report
Unmodified (Clean)
Federal Expenditure
$13M
Financial Report
Unmodified (Clean)
Federal Expenditure
$10.8M
Financial Report
Unmodified (Clean)
Federal Expenditure
$5.6M
Financial Report
Unmodified (Clean)
Federal Expenditure
$4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$4.8M
Financial Report
Unmodified (Clean)
Federal Expenditure
$5.5M
Financial Report
Unmodified (Clean)
Federal Expenditure
$3.7M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.8M
Tax Year 2024 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $16.6M | $16.6M | $16.5M | $29.8M | $298.4K |
| 2022IRS e-File | $13.7M | $13.7M | $13.7M | $2.2M | $178.2K |
| 2021 | $10.8M | $10.8M | $10.6M | $3.5M | -$91.7K |
| 2020 | $4.7M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Robert Kavetsky | Secretary & CEO | 32 | $274K | $0 | $13.5K | $287.6K |
| Will Durant | President & COO | 40 | $255.1K | $0 | $13K | $268.1K |
| Matthew Martin | EVP & CFO | 40 | $242.4K | $0 | $11.8K | $254.2K |
| Ernest Mcduffie | Vice-chair | 1 | $3,301 | $0 | $0 | $3,301 |
| Millard Firebaugh | Chairman/treasurer | 1 | $1,200 | $0 | $0 | $1,200 |
Robert Kavetsky
Secretary & CEO
$287.6K
Hrs/Wk
32
Compensation
$274K
Related Orgs
$0
Other
$13.5K
Will Durant
President & COO
$268.1K
Hrs/Wk
40
Compensation
$255.1K
Related Orgs
$0
Other
$13K
Matthew Martin
EVP & CFO
$254.2K
Hrs/Wk
40
Compensation
$242.4K
Related Orgs
$0
Other
$11.8K
Ernest Mcduffie
Vice-chair
$3,301
Hrs/Wk
1
Compensation
$3,301
Related Orgs
$0
Other
$0
Millard Firebaugh
Chairman/treasurer
$1,200
Hrs/Wk
1
Compensation
$1,200
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Virginia To | Director | 40 | $218.7K | $0 | $10.8K | $229.5K |
| John Millemaci | Program Manager | 40 | $199.5K | $0 | $10K | $209.5K |
| John Fischer | Principal Scientist | 40 | $181.8K | $0 | $3,085 |
Virginia To
Director
$229.5K
Hrs/Wk
40
Compensation
$218.7K
Related Orgs
$0
Other
$10.8K
John Millemaci
Program Manager
$209.5K
Hrs/Wk
40
Compensation
$199.5K
Related Orgs
$0
Other
$10K
John Fischer
Principal Scientist
$184.8K
Hrs/Wk
40
Compensation
$181.8K
Related Orgs
$0
Other
$3,085
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| David Fries | Board Member | 1 | $1,200 | $0 | $0 | $1,200 |
David Fries
Board Member
$1,200
Hrs/Wk
1
Compensation
$1,200
Related Orgs
$0
Other
$0
| $4.6M |
| $4.9M |
| $1.2M |
| -$309.4K |
| 2019 | $4.9M | $4.7M | $4.9M | $1.1M | -$126.7K |
| 2018 | $5.7M | $5.7M | $5.7M | $639K | -$54.1K |
| 2017 | $3.7M | $3.7M | $3.8M | $885.9K | -$131.9K |
| 2016 | $2.9M | $2.9M | $3M | $686.5K | -$39.4K |
| 2015 | $1.6M | $1.6M | $1.7M | $688.1K | $59.4K |
| 2014 | $2.2M | $2.2M | $2.4M | $936.1K | $137.9K |
| 2013 | $4.4M | $4.3M | $4.1M | $1.3M | $246.6K |
| 2012 | $4M | $4M | $4M | $1.3M | -$38.9K |
| 2021 | 990 | Data | PDF not yet published by IRS |
| 2020 | 990 | Data | PDF not yet published by IRS |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | — |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| $184.8K |
| Marcus Jones | Economics Subject Matter Expert | 40 | $151.8K | $0 | $7,591 | $159.4K |
| Luiz Lobo | Director Of Communications | 40 | $150.7K | $0 | $7,573 | $158.3K |
Marcus Jones
Economics Subject Matter Expert
$159.4K
Hrs/Wk
40
Compensation
$151.8K
Related Orgs
$0
Other
$7,591
Luiz Lobo
Director Of Communications
$158.3K
Hrs/Wk
40
Compensation
$150.7K
Related Orgs
$0
Other
$7,573