SIGNAL TECHNOLOGY FOUNDATION: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- SIGNAL TECHNOLOGY FOUNDATION (EIN 82-4506840)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-09-24
- IRS object ID
- 202412689349301826
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-09-24T16:56:09-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 910189318 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOSS ADAMS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 SECOND STREET SUITE 900 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94105 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 824506840 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SIGNAL TECHNOLOGY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SIGN | BusinessNameControlTxt |
| Phone | 6503368080 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 650 CASTRO STREET SUITE 120-223 | AddressLine1Txt |
| City | MOUNTAIN VIEW | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94041 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRIAN ACTON | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6503368080 | PhoneNum |
| Signature | 2024-09-18 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL LUMSDEN | PreparerPersonNm |
| PTIN | P01262236 | PTIN |
| Phone | 4159561500 | PhoneNum |
| Preparation | 2024-09-18 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-08-08 14:25:15Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | BRIAN ACTON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 650 CASTRO STREET SUITE 120-223 | AddressLine1Txt |
| City | MOUNTAIN VIEW | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94041 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $43,309,531 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.SIGNALFOUNDATION.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2018 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | TO DEVELOP PRIVACY TECHNOLOGY THAT PROTECTS FREE EXPRESSION & ENABLES SECURE GLOBAL COMMUNICATION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 5 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 3 | VotingMembersIndependentCnt |
| Total Employee | 51 | TotalEmployeeCnt |
| Total Volunteers | 5 | TotalVolunteersCnt |
| Total Gross UBI | $1,133,519 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $1,082,976 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $23,448,909 | PYContributionsGrantsAmt |
| CY Contributions Grants | $22,687,563 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $198,805 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $10,269,447 | CYProgramServiceRevenueAmt |
| PY Investment Income | $428,095 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,523,972 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,988,410 | PYOtherRevenueAmt |
| CY Other Revenue | $1,270,012 | CYOtherRevenueAmt |
| PY Total Revenue | $26,064,219 | PYTotalRevenueAmt |
| CY Total Revenue | $35,750,994 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $11,920,964 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $17,510,729 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $18,534,457 | PYOtherExpensesAmt |
| CY Other Expenses | $18,297,765 | CYOtherExpensesAmt |
| PY Total Expenses | $30,455,421 | PYTotalExpensesAmt |
| CY Total Expenses | $35,808,494 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$4,391,202 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$57,500 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $37,331,314 | TotalAssetsBOYAmt |
| Total Assets EOY | $37,433,223 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $33,137,582 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $34,101,582 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $4,193,732 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $3,331,641 | NetAssetsOrFundBalancesEOYAmt |
| Mission | PROTECT FREE EXPRESSION AND ENABLE SECURE GLOBAL COMMUNICATION THROUGH OPEN SOURCE PRIVACY TECHNOLOGY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $28,620,320 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $11,539,459 | RevenueAmt |
| Desc | FOLLOWING ITS FORMATION IN EARLY 2018, SIGNAL FOUNDATION'S PRIMARY ACTIVITY WAS THE CONTINUOUS IMPROVEMENT TO SIGNAL MESSENGER IN ORDER TO ENSURE GLOBAL ACCESS TO A SECURE, END-TO-END ENCRYPTED VOICE AND TEXT COMMUNICATIONS PLATFORM. THROUGH SIGNAL MESSENGER, USERS CAN SECURELY CALL AND TEXT ONE ANOTHER. THE CONTENT OF THOSE COMMUNICATIONS ARE SECURELY ENCRYPTED BY THE APP. | Desc |
| Total Program Service Expenses | $28,620,320 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (1) | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 21 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 51 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 5 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 3 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | 0 | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ARUNA HARDER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6503368080 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 650 CASTRO STREET SUITE 120-223 | AddressLine1Txt |
| City | MOUNTAIN VIEW | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94041 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Key EmployeeKeyEmployeeInd | OfficerOfficerInd |
|---|---|---|---|---|---|---|---|---|
| MEREDITH WHITTAKER | ||||||||
| DIRECTOR / PRES OF SIGNAL MESSENGER | 40.00 | Yes (X) | $735,234 | $0 | $50,037 | |||
| JIM O'LEARY | ||||||||
| VP, ENGINEERING | 40.00 | $659,908 | $0 | $35,745 | Yes (X) | |||
| EHREN KRET | ||||||||
| CHIEF TECHNOLOGY OFFICER | 40.00 | $671,220 | $0 | $8,932 | Yes (X) | |||
| ALAN LIU | ||||||||
| DIRECTOR, ENGINEERING | 40.00 | $503,125 | $0 | $47,774 | Yes (X) | |||
| ARUNA HARDER | ||||||||
| CHIEF OPERATING OFFICER | 40.00 | $521,088 | $0 | $22,500 | Yes (X) | |||
| RANDALL SARAFA | ||||||||
| CHIEF PRODUCT OFFICER | 40.00 | $479,613 | $0 | $22,500 | Yes (X) | |||
| GREYSON PARRELLI | ||||||||
| SOFTWARE DEVELOPER | 40.00 | $439,892 | $0 | $49,401 | Yes (X) | |||
| BRIAN ACTON | ||||||||
| PRES / SECR / TREAS / CEO OF SIGNAL MESSENGER | 40.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| AMBA KAK | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KATHERINE MAHER | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MOXIE MARLINSPIKE | ||||||||
| DIRECTOR (THROUGH 2/2023) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JAY SULLIVAN | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $4,010,080 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $236,889 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 46 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt | CityContractorAddress/ForeignAddress/CityNm | CountryContractorAddress/ForeignAddress/CountryCd |
|---|---|---|---|---|---|---|---|---|
| TWILIO INC | ||||||||
| 375 BEALE STREET SUITE 300 | SAN FRANCISCO | CA | 94105 | PHONE VERIFICATION SERVICES | $4,123,429 | |||
| AMAZON WEB SERVICES | ||||||||
| 1200 12TH AVENUE SOUTH SUITE 1200 | SEATTLE | WA | 98144 | CLOUD HOSTING SERVICES | $2,298,031 | |||
| GOOGLE LLC | ||||||||
| 1600 AMPHITHEATRE PKWY | MOUNTAIN VIEW | CA | 94043 | CLOUD HOSTING SERVICES | $1,869,005 | |||
| MESSAGEBIRD | ||||||||
| PHONE VERIFICATION SERVICES | $1,392,653 | KEIZERSGRACHT 268 | EV AMSTERDAM | NL | ||||
| MICROSOFT | ||||||||
| ONE MICROSOFT WAY | REDMOND | WA | 98052 | CLOUD HOSTING SERVICES | $1,384,922 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 15 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $22,687,563 | AllOtherContributionsAmt |
| Total Contributions | $22,687,563 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| LICENSING FEES | 533110 | $10,128,334 | $10,128,334 |
| SERVICE REVENUE | 541900 | $141,113 | $141,113 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $10,269,447 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $661,779 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $48,498 | UnrelatedBusinessRevenueAmt |
| Exclusion | $613,281 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,270,012 | TotalRevenueColumnAmt |
| Exclusion | $1,270,012 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $8,420,730 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $7,558,537 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $862,193 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $862,193 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $1,085,021 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$222,828 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $35,750,994 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $10,269,447 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $1,133,519 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,660,465 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,328,860 | TotalAmt |
| Program Services | $785,271 | ProgramServicesAmt |
| Management And General | $543,589 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,001,569 | TotalAmt |
| Program Services | $12,233,975 | ProgramServicesAmt |
| Management And General | $1,767,594 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $743,884 | TotalAmt |
| Program Services | $648,051 | ProgramServicesAmt |
| Management And General | $95,833 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $728,291 | TotalAmt |
| Program Services | $614,917 | ProgramServicesAmt |
| Management And General | $113,374 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $708,125 | TotalAmt |
| Program Services | $601,906 | ProgramServicesAmt |
| Management And General | $106,219 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $224,519 | TotalAmt |
| Management And General | $224,519 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $112,616 | TotalAmt |
| Management And General | $112,616 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,283,966 | TotalAmt |
| Program Services | $1,363,507 | ProgramServicesAmt |
| Management And General | $920,459 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $249,709 | TotalAmt |
| Management And General | $249,709 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $56,079 | TotalAmt |
| Management And General | $56,079 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $806,057 | TotalAmt |
| Program Services | $806,057 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,412 | TotalAmt |
| Management And General | $45,412 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $453,532 | TotalAmt |
| Management And General | $453,532 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,123 | TotalAmt |
| Program Services | $1,805 | ProgramServicesAmt |
| Management And General | $318 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $853,365 | TotalAmt |
| Management And General | $853,365 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,320,585 | TotalAmt |
| Management And General | $1,320,585 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| WEB HOSTING AND REG. | $11,564,831 | $11,564,831 | |
| UBI TAX EXPENSE | $315,931 | $315,931 | |
| OTHER BUSINESS TAXES | $7,477 | $7,477 | |
| SUBSCRIPTIONS | $1,538 | $1,538 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25 | TotalAmt |
| Management And General | $25 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,808,494 | TotalAmt |
| Program Services | $28,620,320 | ProgramServicesAmt |
| Management And General | $7,188,174 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,279,697 | BOYAmt |
| EOY | $16,033,313 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,543,015 | BOYAmt |
| EOY | $4,163,745 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $325,461 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $228,175 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $378,071 | BOYAmt |
| EOY | $348,655 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $293,163 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $193,258 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $197,626 | BOYAmt |
| EOY | $99,905 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,756,656 | BOYAmt |
| EOY | $10,894,580 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,387,474 | BOYAmt |
| EOY | $4,215,474 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $560,600 | BOYAmt |
| EOY | $1,352,090 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,331,314 | BOYAmt |
| EOY | $37,433,223 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,007,034 | BOYAmt |
| EOY | $1,126,003 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,167 | BOYAmt |
| EOY | $40,833 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,081,381 | BOYAmt |
| EOY | $32,934,746 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,137,582 | BOYAmt |
| EOY | $34,101,582 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$68,724,887 | BOYAmt |
| EOY | -$69,059,074 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,918,619 | BOYAmt |
| EOY | $72,390,715 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,193,732 | BOYAmt |
| EOY | $3,331,641 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,331,314 | BOYAmt |
| EOY | $37,433,223 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$57,500 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $42,084 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$846,675 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $17,563,652 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $13,744,471 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,911,613 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $23,448,909 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $22,687,563 | CurrentTaxYearAmt |
| Total | $87,356,208 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $17,563,652 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $13,744,471 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,911,613 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $23,448,909 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $22,687,563 | CurrentTaxYearAmt |
| Total | $87,356,208 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $565,317 | SubstantialContributorsTotAmt |
| Public Support Total170 | $86,790,891 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $445,129 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $576,439 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,384,572 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,422,526 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,883,293 | CurrentTaxYearAmt |
| Total | $7,711,959 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,369,273 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $400,676 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $170,670 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $100,870 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,082,976 | CurrentTaxYearAmt |
| Total | $3,124,465 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $98,192,632 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $10,681,438 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.88390 | PublicSupportCY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $293,163 | OtherCostOrOtherBasisAmt |
| Depreciation | $193,258 | DepreciationAmt |
| Book Value | $99,905 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $99,905 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $34,946,403 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $42,084 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$846,675 | OtherRevenueAmt |
| Revenue Not Reported | -$804,591 | RevenueNotReportedAmt |
| Revenue Subtotal | $35,750,994 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $35,750,994 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $35,808,494 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $35,808,494 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $35,808,494 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE FOUNDATION APPLIES THE PROVISIONS SET FORTH IN FASB ASC TOPIC 740, INCOME TAXES, TO ACCOUNT FOR THE UNCERTAINTY IN INCOME TAXES. THE FOUNDATION ASSESSED ALL INCOME TAX POSITIONS TAKEN WHERE THE STATUTE OF LIMITATIONS REMAINS OPEN. EXAMPLES OF THESE TAX POSITIONS INCLUDE THE FOUNDATION'S TAX-EXEMPT STATUS AND POTENTIAL SOURCES OF UBTI. THE FOUNDATION BELIEVES ITS TAX FILING POSITIONS WILL BE SUSTAINED UPON TAX EXAMINATIONS; THEREFORE, NO LIABILITY FOR UNCERTAIN INCOME TAX POSITIONS HAS BEEN RECORDED AT DECEMBER 31, 2023 AND 2022. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | LOSS ON IMPAIRMENT OF ASSETS -846,675. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MEREDITH WHITTAKER | ||||||||||||||
| DIRECTOR / PRES OF SIGNAL MESSENGER | $431,250 | $0 | $303,984 | $0 | $0 | $0 | $22,500 | $0 | $27,537 | $0 | $785,271 | $0 | $0 | $0 |
| JIM O'LEARY | ||||||||||||||
| VP, ENGINEERING | $393,975 | $0 | $265,933 | $0 | $0 | $0 | $22,500 | $0 | $13,245 | $0 | $695,653 | $0 | $0 | $0 |
| EHREN KRET | ||||||||||||||
| CHIEF TECHNOLOGY OFFICER | $392,975 | $0 | $278,245 | $0 | $0 | $0 | $0 | $0 | $8,932 | $0 | $680,152 | $0 | $0 | $0 |
| ALAN LIU | ||||||||||||||
| DIRECTOR, ENGINEERING | $295,000 | $0 | $208,125 | $0 | $0 | $0 | $22,500 | $0 | $25,274 | $0 | $550,899 | $0 | $0 | $0 |
| ARUNA HARDER | ||||||||||||||
| CHIEF OPERATING OFFICER | $305,662 | $0 | $215,426 | $0 | $0 | $0 | $22,500 | $0 | $0 | $0 | $543,588 | $0 | $0 | $0 |
| RANDALL SARAFA | ||||||||||||||
| CHIEF PRODUCT OFFICER | $263,500 | $0 | $216,113 | $0 | $0 | $0 | $22,500 | $0 | $0 | $0 | $502,113 | $0 | $0 | $0 |
| GREYSON PARRELLI | ||||||||||||||
| SOFTWARE DEVELOPER | $246,957 | $0 | $192,935 | $0 | $0 | $0 | $22,500 | $0 | $26,901 | $0 | $489,293 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 3 | THE PRESIDENT OF SIGNAL TECHNOLOGY FOUNDATION IS NOT COMPENSATED. |
| PART I, LINE 7 | THE BONUS PAYMENTS REPORTED ON SCHEDULE J, PART II, COLUMN (B)(II) ARE CONSIDERED "NON-FIXED PAYMENTS" AS MANAGEMENT OF THE ORGANIZATION MAY EXERCISE DISCRETION AS TO WHETHER A BONUS SHOULD BE PAID AND/OR THE AMOUNT OF BONUS PAID. |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRIAN ACTON | PersonNm |
| Relationship With Org | PRESIDENT, SECRETARY, TREASURER, CEO | RelationshipWithOrgTxt |
| Loan Purpose | START-UP FUNDING | LoanPurposeTxt |
| Loan To Organization | Yes (X) | LoanToOrganizationInd |
| Original Principal | $105,000,400 | OriginalPrincipalAmt |
| Balance Due | $32,934,746 | BalanceDueAmt |
| Default | 0 | DefaultInd |
| Board Or Committee Approval | Yes (1) | BoardOrCommitteeApprovalInd |
| Written Agreement | Yes (1) | WrittenAgreementInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $32,934,746 | TotalBalanceDueAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE L, PART IV: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION OBTAINED A 0% INTEREST, UNSECURED PROMISSORY NOTE FROM BRIAN ACTON (PRESIDENT, SECRETARY, AND TREASURER OF THE ORGANIZATION) WHICH IS PAYABLE ON THE 50-YEAR ANNIVERSARY OF THE DATE THE LOAN WAS ORIGINATED (FEBRUARY 28, 2018). FOR GAAP REPORTING PURPOSES, WHILE A PORTION OF THE LOAN HAS BEEN RE-CHARACTERIZED AS AN INHERENT CONTRIBUTION (AND THUS, THE LOAN ONLY REFLECTS AN END-OF-YEAR BOOK BALANCE OF $32,934,746 ON FORM 990, PART X, LINE 22 AND SCHEDULE L, PART II, COLUMN (F)), NONE OF THE $105,000,400 ORIGINAL LOAN FACE-VALUE HAS BEEN PAID-OFF AS OF 12/31/2023. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION HAS ONE SOLE MEMBER, BRIAN ACTON, WHO IS ALSO DIRECTOR, PRESIDENT, SECRETARY/TREASURER, AND CEO OF THE ORGANIZATION. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE ORGANIZATION'S SOLE MEMBER HAS THE EXCLUSIVE RIGHT TO ELECT ANY DIRECTOR. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE MEMBER OF THE CORPORATION HAS THE FOLLOWING RIGHTS, AS SET FORTH BY THE BYLAWS: (I) THE EXCLUSIVE RIGHT TO ELECT ANY DIRECTOR AND TO SET THE NUMBER OF AUTHORIZED DIRECTORS; (II) THE RIGHT TO REMOVE A DIRECTOR; (III) THE RIGHT TO VOTE ON ANY SALE, LEASE, TRANSFER, OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OR PROPERTIES OF THIS CORPORATION; (IV) THE RIGHT TO VOTE ON ANY MERGER OF THIS CORPORATION, BUT ONLY TO THE EXTENT REQUIRED BY THE DELAWARE GENERAL CORPORATION LAW; (V) THE RIGHT TO VOTE ON THE DISSOLUTION OF THIS CORPORATION; (VI) THE RIGHT TO VOTE ON THE AMENDMENT OR REPEAL OF THE BYLAWS; (VII) THE RIGHT TO VOTE ON ANY AMENDMENT TO THE CERTIFICATE OF INCORPORATION; AND (VIII) THE RIGHT TO VOTE ON ANY OTHER MATTERS THAT MAY PROPERLY BE PRESENTED TO THE MEMBERS FOR A VOTE, PURSUANT TO THIS CORPORATION'S CERTIFICATE OF INCORPORATION, BYLAWS, OR ACTION OF THE BOARD OF DIRECTORS, OR BY OPERATION OF LAW. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT IN CONJUNCTION WITH THE ORGANIZATION'S COO. THE COO THEN REVIEWS A DRAFT OF THE FORM 990 IN DETAIL; ADJUSTMENTS ARE MADE, AS NECESSARY. THE FORM 990 IS THEN MADE AVAILABLE TO ALL MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL OFFICERS, MANAGEMENT, CONTRIBUTORS, OR EMPLOYEES OF SIGNAL FOUNDATION OR SIGNAL MESSENGER, LLC (A SINGLE-MEMBER LLC WHOLLY OWNED BY SIGNAL FOUNDATION AND DISREGARDED FOR FEDERAL TAX PURPOSES) ARE COVERED BY THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. EACH DIRECTOR, OFFICER, AND KEY EMPLOYEE OF SIGNAL HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY THAT GOVERNS SIGNAL. DISCLOSURES OF POTENTIAL CONFLICTS OF INTEREST ARE MADE TO MEMBERS OF THE BOARD OF DIRECTORS, INCLUDING ALL MATERIAL FACTS RELEVANT TO A TRANSACTION. THE BOARD, IN THE ABSENCE OF THE CONFLICTED INDIVIDUAL, DETERMINES (BY MAJORITY VOTE) WHETHER THE INTEREST CONSTITUTES A CONFLICT OF INTEREST, AND IF SO, WHETHER THE TRANSACTION IS NEVERTHELESS IN SIGNAL'S BEST INTEREST, FOR ITS OWN BENEFIT, AND FAIR AND REASONABLE TAKING INTO ACCOUNT THE RELEVANT INFORMATION AND FACTS. |
| FORM 990, PART VI, SECTION B, LINE 15B | FORM 990, PART VI, SECTION B, LINE 15A HAS BEEN ANSWERED "NO" AS THE PRESIDENT OF SIGNAL TECHNOLOGY FOUNDATION IS NOT COMPENSATED. SALARY SURVEYS OF COMPARABLE ORGANIZATIONS ARE PERFORMED TO DETERMINE THE COMPENSATION OF THE OTHER OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION. COMPENSATION CONTRACTS AND AGREEMENTS ARE REVIEWED ANNUALLY BY INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, AND GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | LOSS ON IMPAIRMENT OF ASSETS -846,675. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SIGNAL MESSENGER LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 650 CASTRO STREET SUITE 120-223 | AddressLine1Txt |
| City | MOUNTAIN VIEW | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94041 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 824517054 | EIN |
| Primary Activities | SIGNAL MESSENGER TECHNOLOGY DEVELOPMENT/SUPPORT | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Total Income | $135,906 | TotalIncomeAmt |
| End Of Year Assets | $10,584,985 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SIGNAL TECHNOLOGY FOUNDATION | BusinessNameLine1Txt |