STRATEGY STUDIO / PUBLIC DATA EXPLORER

IOTA FOUNDATION: Form 990EZ, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
IOTA FOUNDATION (EIN 20-1194576)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-06-26
IRS object ID
201811779349200131
Schema version
2017v2.2
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

FieldValueIRS element (for citing)
Return2018-06-26T15:13:40-05:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN941585562PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PISENTI & BRINKER LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1201 1ST STREET SUITE 208AddressLine1Txt
CityPETALUMACityNm
State AbbreviationCAStateAbbreviationCd
ZIP94952ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN201194576EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1IOTA FOUNDATIONBusinessNameLine1Txt
Business Name Line2C/O PISENTI & BRINKER LLPBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlIOTABusinessNameControlTxt
Phone7077629900PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1201 FIRST STREET No 208AddressLine1Txt
CityPETALUMACityNm
State AbbreviationCAStateAbbreviationCd
ZIP94952ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSTEPHEN HARPERPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone7077629900PhoneNum
Signature2018-06-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRAYMOND POUNDSPreparerPersonNm
PTINP00459430PTIN
Phone7077629900PhoneNum
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Website AddressWWW.IOTAFOUNDATION.COMWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$511GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Investment Income$511InvestmentIncomeAmt
Total Revenue$511TotalRevenueAmt
Fees And Other Pymt To Ind Cntrct$1,765FeesAndOtherPymtToIndCntrctAmt
Occupancy Rent Utlts And Maint$191OccupancyRentUtltsAndMaintAmt
Total Expenses$1,956TotalExpensesAmt
Excess Or Deficit For Year-$1,445ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$394,017NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$392,572NetAssetsOrFundBalancesEOYAmt

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$394,017BOYAmt
EOY$392,572EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$394,017BOYAmt
EOY$392,572EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$394,017BOYAmt
EOY$392,572EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Primary Exempt PurposeThe Iota Foundation's mission is to (a) support the educational and charitable programs and activities of the Iota Chapter of Zeta Psi Fraternity (the "Fraternity") at the University of California, Berkeley (Berkeley); (b) promote and further academic excellence at Berkeley; (c) provide academic scholarships and support to qualified needy and deserving individuals; (d) conduct and support the charitable and other community service programs and projects of the Fraternity and Berkeley; and (e) performing such other activities as are consistent with its exempt purposes.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomSupport of the Zeta Psi Fraternity at the University of California, BerkeleyDescriptionProgramSrvcAccomTxt
Grants And Allocations$0GrantsAndAllocationsAmt
Program Service Expenses$0ProgramServiceExpensesAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$0TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (6 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
STEPHEN HARPER
PRESIDENT2.00$0$0$0
MIKE MARINO
SECRETARY1.00$0$0$0
RAY POUNDS
TREASURER2.00$0$0$0
SAM SKINNER
TRUSTEE1.00$0$0$0
GREIG LAGOMARSINO
TRUSTEE1.00$0$0$0
ANDREW JONES
TRUSTEE1.00$0$0$0
FieldValueIRS element (for citing)
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt0ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI0OrganizationHadUBIInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Direct Indirect Pltcl Expend$0DirectIndirectPltclExpendAmt
Made Loans To From Officers0MadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RAYMOND POUNDS CO PISENTI & BRINKER LLPBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1201 FIRST STREET SUITE 208AddressLine1Txt
CityPETALUMACityNm
State AbbreviationCAStateAbbreviationCd
ZIP94952ZIPCd
FieldValueIRS element (for citing)
Phone7077629900PhoneNum
FieldValueIRS element (for citing)
Foreign Financial Account0ForeignFinancialAccountInd
Foreign Office0ForeignOfficeInd
Donor Advised Fnds0DonorAdvisedFndsInd
Operate Hospital0OperateHospitalInd
Tanning Services Provided0TanningServicesProvidedInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
School Operating0SchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (1)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,250CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,744CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,350CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,000CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$19,344TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,250CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,744CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,350CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,000CurrentTaxYearMinus1YearAmt
Total$19,344TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$19,344PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$299CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$383CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$471CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$490CurrentTaxYearMinus1YearAmt
Current Tax Year$511CurrentTaxYearAmt
Total$2,154TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,825CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$400CurrentTaxYearMinus3YearsAmt
Total$5,225TotalAmt
FieldValueIRS element (for citing)
Total Support$26,723TotalSupportAmt
Public Support CY1700.72390PublicSupportCY170Pct
Public Support PY1700.63040PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceForm 990-EZ, Part I, Line 4 - Other Investment IncomeFormAndLineReferenceDesc
ExplanationDescription: Interest. Amount: 510. Description: Dividends. Amount: 1. Total Included on Form 990-EZ, line 4: 511.ExplanationTxt

Transfer Prsnl Bnft Contracts Decl TransferPrsnlBnftContractsDecl

FieldValueIRS element (for citing)
DeclarationThe organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.DeclarationDesc