2021-11-02T14:59:24-05:00 2020-12-31 910189318 MOSS ADAMS LLP 101 SECOND STREET SUITE 900 SAN FRANCISCO CA 94105 990 2020-01-01 824506840 SIGNAL TECHNOLOGY FOUNDATION SIGN 6503368080 650 CASTRO STREET SUITE 120-223 MOUNTAIN VIEW CA 94041 BRIAN ACTON PRESIDENT 6503368080 2021-11-02 1 BRIAN ACTON 999009999 TRACY S PAGLIA P00366884 4159561500 2021-11-02 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z BRIAN ACTON 650 CASTRO STREET SUITE 120-223 MOUNTAIN VIEW CA 94041 14860292 0 X WWW.SIGNALFOUNDATION.ORG X 2018 DE TO DEVELOP PRIVACY TECHNOLOGY THAT PROTECTS FREE EXPRESSION & ENABLES SECURE GLOBAL COMMUNICATION. 3 1 35 1 539382 400676 17563652 13744471 0 0 1674395 895821 170833 220000 19408880 14860292 0 0 0 0 6536848 10033842 0 0 0 6944224 11238678 13481072 21272520 5927808 -6412228 77225921 66123171 38304931 32777782 38920990 33345389 TO DEVELOP OPEN SOURCE PRIVACY TECHNOLOGY THAT PROTECTS FREE EXPRESSION AND ENABLES SECURE GLOBAL COMMUNICATION. 0 0 15071832 0 0 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. 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TAX PAYMENTS 125479 125479 CALIFORNIA LLC TAX 800 800 BUSINESS LICENSES 225 225 25 25 21272520 15071832 6200688 0 688926 22557254 34000899 36778 175127 34808226 36464075 7690492 6926115 600 600 77225921 66123171 213086 639202 49167 49167 29651678 30440413 8391000 1649000 38304931 32777782 X -36427332 -41214198 75348322 74559587 38920990 33345389 77225921 66123171 -6412228 836627 0 X 0 1 X 1 0 X 17563652 13744471 31308123 17563652 13744471 31308123 4306315 27001808 269852 445129 576439 1291420 314772 1369273 400676 2084721 34684264 X SCHEDULE A, PART II: THE 2018 TAX YEAR WAS A SHORT TAX YEAR, AS IT WAS THE ORGANIZATION'S YEAR OF FORMATION. SCHEDULE A, PART II: THE ORGANIZATION IS EXCLUDING FROM SCHEDULE A, PART II, LINE 1, COLUMN (C) CONTRIBUTION REVENUE FROM IMPUTED INTEREST ON A $105,000,000 INTEREST-FREE LOAN FROM THE ORGANIZATION'S FOUNDER DUE IN FEBRUARY 2068. THE CONTRIBUTION REVENUE ARISING FROM THE IMPUTED INTEREST WAS NOT RECOGNIZED ON THE 2018 FINANCIAL STATEMENTS AND FORM 990 (PREPARED ON A CASH BASIS), BUT RECOGNIZED ON THE 2019 FINANCIAL STATEMENTS (PREPARED ON AN ACCRUAL BASIS) AS A CHANGE TO THE BEGINNING OF YEAR NET ASSETS. THE IMPUTED INTEREST CONTRIBUTION IS BEING EXCLUDED FROM SCHEDULE A, PART II, LINE 1 AS: (I) THE ORGANIZATION INTENDS ON PAYING THE ORGANIZATION BACK IN FULL, AND (II) THE AMOUNT RECORDED AS CONTRIBUTION REVENUE ARISING FROM IMPUTED INTEREST IS CALCULATED ON THE ASSUMPTION THAT THE LOAN WILL BE REPAID IN FEBRUARY 2068, WHILE THE ORGANIZATION INTENDS ON REPAYING THIS LOAN SOME TIME BEFORE THIS DATE; THUS, THE AMOUNT IS NOT FIXED AND DETERMINABLE. 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THE FOUNDATION BELIEVES THAT ITS TAX FILING POSITIONS WILL BE SUSTAINED UPON TAX EXAMINATIONS; THEREFORE, NO LIABILITY FOR UNRECOGNIZED INCOME TAX BENEFITS HAS BEEN RECORDED AT DECEMBER 31, 2020 AND 2019. 0 0 0 0 0 0 0 1 0 CHARLES CHEN SOFTWARE DEVELOPER 206000 0 396422 0 0 0 19500 0 7509 0 629431 0 0 0 MOXIE MARLINSPIKE DIRECTOR/CEO OF SIGNAL MESSENGER 360500 0 225312 0 0 0 0 0 6117 0 591929 0 0 0 SCOTT NONNENBERG SOFTWARE DEVELOPER 169875 0 382519 0 0 0 19500 0 6636 0 578530 0 0 0 RIYA ABRAHAM SUPPORT MANAGER 117420 0 373641 0 0 0 19500 0 6636 0 517197 0 0 0 TREVOR PERRIN SOFTWARE DEVELOPER 116460 0 341272 0 0 0 19500 0 5231 0 482463 0 0 0 JOSHUA LUND CONTENT MANAGER 116460 0 358653 0 0 0 0 0 5512 0 480625 0 0 0 ARUNA HARDER CHIEF OPERATING OFFICER 206000 0 84717 0 0 0 19500 0 0 0 310217 0 0 0 PART I, LINE 3 THE PRESIDENT OF SIGNAL TECHNOLOGY FOUNDATION IS NOT COMPENSATED. PART I, LINE 7 A PORTION OF THE BONUS PAYMENTS REPORTED ON SCHEDULE J, PART II, COLUMN (B)(II) WOULD BE CONSIDERED A "NON-FIXED PAYMENT" AS MANAGEMENT OF THE ORGANIZATION MAY EXERCISE DISCRETION AS TO WHETHER A BONUS SHOULD BE PAID OR THE AMOUNT OF BONUS PAID. IN 2020, THE ORGANIZATION ALSO PROVIDED ANNUAL RETENTION BONUSES TO CERTAIN INDIVIDUALS (ALSO REFLECTED IN SCHEDULE J, PART II, COLUMN (B)(II)), WHICH ARE FIXED AMOUNTS OUTLINED IN AN EMPLOYMENT CONTRACT DESIGNED TO ASSIST IN THE RECRUITMENT AND RETENTION OF SOFTWARE DEVELOPERS, AS FOR-PROFIT EMPLOYERS OF SIMILAR EMPLOYEES ARE PERMITTED TO PROVIDE ADDITIONAL BENEFITS (SUCH AS STOCK INCENTIVES) NOT PERMITTED WITHIN A TAX-EXEMPT ORGANIZATION. BRIAN ACTON PRESIDENT, SECRETARY, AND TREASURER START-UP FUNDING X 105000400 30440413 0 1 1 30440413 SCHEDULE L, PART IV: 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 $30,440,413 ON FORM 990, PART X, LINE 22 AND SCHEDULE L, PART IV, COLUMN (F)), NONE OF THE $105,000,000 ORIGINAL LOAN FACE-VALUE HAS BEEN PAID-OFF AS OF 12/31/2020. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS ONE SOLE MEMBER, BRIAN ACTON, WHO IS ALSO DIRECTOR, PRESIDENT, AND SECRETARY/TREASURER 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. 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