BENEFICENT TECHNOLOGY INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- BENEFICENT TECHNOLOGY INC (EIN 77-0555413)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-14
- IRS object ID
- 202533189349311918
- Schema version
- 2024v5.2
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-14T15:06:50-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 941250261 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LINDQUIST VON HUSEN & JOYCE LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 301 HOWARD STREET SUITE 850 | 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 | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 770555413 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BENEFICENT TECHNOLOGY INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BENE | BusinessNameControlTxt |
| Phone | 6506443400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3790 EL CAMINO REAL 1072 | AddressLine1Txt |
| City | PALO ALTO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94306 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TIA JEFFRESS | PersonNm |
| Person Title | VP, FINANCE & ADMINISTRATION | PersonTitleTxt |
| Phone | 6506443400 | PhoneNum |
| Signature | 2025-11-13 | 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 | SHERMAN LEONG | PreparerPersonNm |
| PTIN | P00513747 | PTIN |
| Phone | 4159579999 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BENETECH | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | AYAN KISHORE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3790 EL CAMINO REAL 1072 | AddressLine1Txt |
| City | PALO ALTO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94306 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $12,656,190 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.BENETECH.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2000 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | BENETECH IS A NONPROFIT THAT EMPOWERS COMMUNITIES WITH SOFTWARE FOR SOCIAL GOOD. | ActivityOrMissionDesc |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 70 | TotalEmployeeCnt |
| Total Volunteers | 19 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $9,778,173 | PYContributionsGrantsAmt |
| CY Contributions Grants | $11,473,769 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,089,769 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,166,573 | CYProgramServiceRevenueAmt |
| PY Investment Income | $59,433 | PYInvestmentIncomeAmt |
| CY Investment Income | $15,848 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $10,927,375 | PYTotalRevenueAmt |
| CY Total Revenue | $12,656,190 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,368,043 | 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 | $8,082,442 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $7,732,023 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $506,339 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,587,638 | PYOtherExpensesAmt |
| CY Other Expenses | $3,641,752 | CYOtherExpensesAmt |
| PY Total Expenses | $14,038,123 | PYTotalExpensesAmt |
| CY Total Expenses | $11,373,775 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$3,110,748 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,282,415 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,547,397 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,414,402 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,467,773 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,052,363 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,079,624 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,362,039 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | BENETECH IS IMPROVING EDUCATION ACCESS THROUGH ITS TECHNOLOGY, PROGRAMS AND SERVICES, CATERING TO THE 1 IN 5 STUDENTS WHO HAVE DISABILITIES OR LEARN DIFFERENTLY. BENETECH BELIEVES THAT ACCESS TO EDUCATION IS A HUMAN RIGHT, REGARDLESS OF DIFFERENCES OR DISABILITY. STUDENTS WITH LEARNING DIFFERENCES AND DISABILITIES AROUND THE WORLD FACE BARRIERS TO EDUCATION AND MAY NOT RECEIVE ADEQUATE INSTRUCTION, FORCED TO END THEIR EDUCATION EARLY, OR BE LIMITED TO CERTAIN SUBJECTS SINCE ACCESSIBLE MATERIALS ARE NOT AVAILABLE FOR SUBJECTS SUCH AS MATH OR CHEMISTRY. BENETECH IS WORKING WITH SCHOOLS, GOVERNMENTS, COMMUNITY, AND PUBLIC SECTOR ORGANIZATIONS TO PROVIDE DIGITAL LITERACY AND ACCESS TO LEARNING MATERIALS FOR STUDENTS WITH LEARNING DISABILITIES SUCH AS DYSLEXIA AND DISABILITIES RANGING FROM VISUAL IMPAIRMENTS TO PHYSICAL LIMITATIONS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $8,819,257 | ExpenseAmt |
| Revenue | $1,166,573 | RevenueAmt |
| Desc | ACCESSIBLE EDUCATION CONTENT AND TECHNOLOGY:BENETECH HAS BEEN DELIVERING INCLUSIVE LEARNING SOLUTIONS FOR OVER 20 YEARS AS THE DEVELOPER OF BOOKSHARE, THE WORLD'S LARGEST SERVICE FOR ACCESSIBLE EDUCATION MATERIALS. BENETECH IS TRANSFORMING HOW EDUCATIONAL CONTENT IS MADE ACCESSIBLE THROUGH INITIATIVES LIKE BOOKSHARE AND ITS GLOBAL CERTIFIED ACCESSIBLE (GCA) PROGRAM. THROUGH THE BOOKSHARE PLATFORM, BENETECH PROVIDES THE WORLD'S LARGEST ONLINE SERVICE FOR ACCESSIBLE E-BOOKS DELIVERING MORE THAN 20 MILLION E-BOOKS AND MATERIALS THAT HAVE SERVED OVER 1.5 MILLION LEARNERS. BENETECH BOOKSHARE MEMBERS READ BOOKS IN FORMATS THAT WORK BEST FOR THEM, WHETHER IT BE AUDIO, TYPOGRAPHY MANIPULATION, WORD HIGHLIGHTS SYNCED WITH AUDIO AND SO ON THROUGH THE BROWSER, MOBILE APPLICATIONS OR OTHER ASSISTIVE TECHNOLOGY (AT) OF CHOICE. BENETECH'S GOAL FOR ALL LEARNERS IS TO IMPROVE LITERACY AND FOSTER A LOVE FOR LIFE-LONG LEARNING. BENETECH CONTINUES TO SCALE AND INNOVATE, INCLUDING TAKING ON THE NEXT FRONTIER OF LEARNING CONTENT BY MAKING STEM ACCESSIBLE FOR ALL LEARNERS. THE BORN ACCESSIBLE, GCA INITIATIVE CONTINUES TO DRIVE SYSTEM CHANGE IN THE PUBLISHING INDUSTRY, PARTNERING WITH PUBLISHERS TO MAKE BOOKS ACCESSIBLE WHEN THEY ARE CREATED.INCLUSIVE EDUCATION CAPACITY BUILDING AND COMMUNITY ENGAGEMENT: BENETECH IS DEEPENING ITS IMPACT BY WORKING CLOSELY WITH COMMUNITY-BASED ORGANIZATIONS, SCHOOLS, DISTRICTS AND MORE, TO IDENTIFY AND PROVIDE STUDENTS AND THOSE SERVING THEM, SUCH AS AFTER SCHOOL PROGRAMS, THE SUPPORT THEY NEED. DOMESTICALLY, BENETECH IS EXPANDING ITS LOCAL OUTREACH PROGRAMS ACROSS URBAN AND RURAL COMMUNITIES IN NEED, SUCH AS ATLANTA, ALBUQUERQUE, DETROIT, LAS VEGAS AND MEMPHIS, AND ARE BUILDING A MODEL FOR PLACE-BASED CHANGE TO CLOSE LEARNING GAPS. BENETECH SERVES LEARNERS IN OVER 90 COUNTRIES DIRECTLY OR THROUGH PARTNERS AND PROVIDE CAPACITY BUILDING SERVICES FOR INCLUSIVE EDUCATION AND EDUCATION FOR STUDENTS WITH DISABILITIES, PARTICULARLY IN LOW AND MIDDLE INCOME COUNTRIES. BENETECH SUPPORTS SCHOOLS FOR DIGITAL TRANSFORMATION TO EMBRACE INCLUSIVE EDUCATION THROUGH DIGITAL LITERACY AND DIGITAL PEDAGOGY. BENETECH PROVIDES TRAINING AND TECHNICAL ASSISTANCE TO EDUCATORS TO EFFECTIVELY USE ACCESSIBLE CONTENT AND TECHNOLOGY. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $65,858 | ExpenseAmt |
| Desc | BENETECH LABS: BENETECH LABS IS OUR INNOVATION AND NEW PRODUCT DEVELOPMENT CENTER, WHERE WE EXPLORE AREAS OF NEED AND DEVELOP SOLUTIONS BY ENGAGING WITH COMMUNITIES, OTHER TECHNOLOGISTS, AND NONPROFITS. WE FOCUS ON FINDING AND DEVELOPING EFFECTIVE PLATFORMS THAT BENETECH AND THE COMMUNITIES WE SERVE CAN TAKE TO SCALE AND ACHIEVE LASTING SOCIAL IMPACT. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $8,885,115 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | 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 | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | 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 | Yes (1) | 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 | 0 | 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 | 0 | 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 | 19 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 70 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| 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 | 12 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | 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 | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6506443400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3790 EL CAMINO REAL 1072 | AddressLine1Txt |
| City | PALO ALTO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94306 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (29 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| GERARDO CAPIEL | ||||||||
| BOARD CHAIR - THRU 6/2024 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| RAYANNE DARENSBOURG | ||||||||
| DIRECTOR - THRU 8/2024 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| TIM ELDER | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| THERESA FAY-BUSTILLOS | ||||||||
| BOARD SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| KEVIN LO | ||||||||
| DIRECTOR - THRU 5/2024 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RICK JOHNSON | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PALLAVI GONDIPALLI | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BARBARA PAPE | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KRIS ESPERITU | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| LARRY WEXLER | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RICHARD MUELLER | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| AMANDA KETON | ||||||||
| DIRECTOR - THRU 6/2024 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| YOKO NAKAO | ||||||||
| DIRECTOR - THRU 12/2024 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KATHERINE SCHNEIDER | ||||||||
| DIRECTOR - THRU 12/2024 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JUNE KLEIN | ||||||||
| BOARD TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JAMES FRUCHTERMAN | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| TED BORROMEO | ||||||||
| DIRECTOR - START 12/2024 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JACK CHEN | ||||||||
| DIRECTOR - START 12/2024 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| AYAN KISHORE | ||||||||
| CHIEF EXECUTIVE OFFICER | 40.00 | Yes (X) | $318,907 | $0 | $26,396 | |||
| MATTHEW YIP | ||||||||
| VP PRODUCT & ENGINEERING | 40.00 | $219,490 | $0 | $19,463 | Yes (X) | |||
| MICHAEL JOHNSON | ||||||||
| VP CONTENT | 40.00 | $181,741 | $0 | $45,525 | Yes (X) | |||
| LISA WADORS VERNE | ||||||||
| VP PROGRAMS | 40.00 | $186,064 | $0 | $3,722 | Yes (X) | |||
| TIA JEFFRESS | ||||||||
| VP FINANCE & ADMINISTRATION | 40.00 | $195,021 | $0 | $23,139 | Yes (X) | |||
| CANDACE BRADY | ||||||||
| VP ADVANCEMENT | 40.00 | $190,932 | $0 | $18,775 | Yes (X) | |||
| CHARLES MARK LAPIERRE | ||||||||
| PRIN. ACCESS & CONTENT QLT ARCHITECT | 40.00 | $183,475 | $0 | $39,897 | Yes (X) | |||
| JOHN BRUGGE | ||||||||
| ENGINEERING MANAGER | 40.00 | $172,973 | $0 | $57,075 | Yes (X) | |||
| JACOB A BROWNELL | ||||||||
| PRINCIPAL ENGINEER | 40.00 | $175,588 | $0 | $10,897 | Yes (X) | |||
| RONALD K ELLIS III | ||||||||
| SENIOR ENGINEER | 40.00 | $169,455 | $0 | $10,768 | Yes (X) | |||
| JENNY HU | ||||||||
| DIRECTOR OF IT | 40.00 | $156,905 | $0 | $20,477 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,150,551 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $276,134 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 27 | 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 |
|---|---|---|---|---|---|---|---|---|
| AMAZON WEB SERVICES | ||||||||
| PO BOX 84023 | SEATTLE | WA | 98124 | CLOUD HOSTING | $548,435 | |||
| EXYGY | ||||||||
| 548 MARKET STREET 59930 | SAN FRANCISCO | CA | 94104 | OTHER | $259,538 | |||
| SIGMA ASSOCIATES INC | ||||||||
| 324 HERITAGE TRAIL | CIRCLE PINES | MN | 55014 | EVALUATION SERVICES | $237,501 | |||
| DAPROIM AFRICA LTD | ||||||||
| BOOK SCANNING | $159,916 | 5091-00506 | NAIROBI | KE | ||||
| CADRES EN MISSION INTERNATIONAL | ||||||||
| OTHER | $143,150 | 144 RUE PAUL BELLAMY | NANTES | FR | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $8,750,223 | GovernmentGrantsAmt |
| All Other Contributions | $2,723,546 | AllOtherContributionsAmt |
| Total Contributions | $11,473,769 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | GLOBAL LITERACY | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $1,166,573 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,166,573 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,166,573 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $15,848 | TotalRevenueColumnAmt |
| Exclusion | $15,848 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $12,656,190 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,166,573 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $15,848 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,429,175 | TotalAmt |
| Program Services | $1,090,824 | ProgramServicesAmt |
| Management And General | $255,281 | ManagementAndGeneralAmt |
| Fundraising | $83,070 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,032,162 | TotalAmt |
| Program Services | $3,840,818 | ProgramServicesAmt |
| Management And General | $898,851 | ManagementAndGeneralAmt |
| Fundraising | $292,493 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $91,312 | TotalAmt |
| Program Services | $69,695 | ProgramServicesAmt |
| Management And General | $16,310 | ManagementAndGeneralAmt |
| Fundraising | $5,307 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,179,374 | TotalAmt |
| Program Services | $900,162 | ProgramServicesAmt |
| Management And General | $210,661 | ManagementAndGeneralAmt |
| Fundraising | $68,551 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $229,853 | TotalAmt |
| Program Services | $167,738 | ProgramServicesAmt |
| Management And General | $52,253 | ManagementAndGeneralAmt |
| Fundraising | $9,862 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $155,306 | TotalAmt |
| Program Services | $91,049 | ProgramServicesAmt |
| Management And General | $57,884 | ManagementAndGeneralAmt |
| Fundraising | $6,373 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $230,822 | TotalAmt |
| Program Services | $182,861 | ProgramServicesAmt |
| Management And General | $45,374 | ManagementAndGeneralAmt |
| Fundraising | $2,587 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,091 | TotalAmt |
| Program Services | $2,315 | ProgramServicesAmt |
| Management And General | $13,586 | ManagementAndGeneralAmt |
| Fundraising | $190 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,960 | TotalAmt |
| Program Services | $23,851 | ProgramServicesAmt |
| Management And General | $6,120 | ManagementAndGeneralAmt |
| Fundraising | $1,989 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| OUTSIDE SERVICES | $1,628,407 | $1,214,590 | $388,710 | $25,107 |
| COMMUNICATIONS | $656,877 | $634,704 | $16,752 | $5,421 |
| BOOK COLLECTION & DEVEL | $558,078 | $558,078 | ||
| BANK CHARGES | $72,520 | $56,182 | $12,377 | $3,961 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $61,838 | TotalAmt |
| Program Services | $52,248 | ProgramServicesAmt |
| Management And General | $8,162 | ManagementAndGeneralAmt |
| Fundraising | $1,428 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,373,775 | TotalAmt |
| Program Services | $8,885,115 | ProgramServicesAmt |
| Management And General | $1,982,321 | ManagementAndGeneralAmt |
| Fundraising | $506,339 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $635,382 | BOYAmt |
| EOY | $1,968,749 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $902,610 | BOYAmt |
| EOY | $8,690 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $748,330 | BOYAmt |
| EOY | $1,108,106 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $92,281 | BOYAmt |
| EOY | $195,152 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $150,514 | BOYAmt |
| EOY | $118,846 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,091 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,189 | BOYAmt |
| EOY | $14,859 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,547,397 | BOYAmt |
| EOY | $3,414,402 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $734,146 | BOYAmt |
| EOY | $685,482 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $283,627 | BOYAmt |
| EOY | $366,881 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $450,000 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,467,773 | BOYAmt |
| EOY | $1,052,363 | 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 | $320,202 | BOYAmt |
| EOY | $739,278 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $759,422 | BOYAmt |
| EOY | $1,622,761 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,079,624 | BOYAmt |
| EOY | $2,362,039 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,547,397 | BOYAmt |
| EOY | $3,414,402 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,282,415 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| 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 | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
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 | $14,574,654 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $15,005,323 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $14,900,969 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,778,173 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $11,473,769 | CurrentTaxYearAmt |
| Total | $65,732,888 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $14,574,654 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $15,005,323 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $14,900,969 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,778,173 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $11,473,769 | CurrentTaxYearAmt |
| Total | $65,732,888 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,541,942 | SubstantialContributorsTotAmt |
| Public Support Total170 | $64,190,946 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $7,075 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $487 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $10,716 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $59,433 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,848 | CurrentTaxYearAmt |
| Total | $93,559 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $65,826,447 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $5,422,463 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.97520 | PublicSupportCY170Pct |
| Public Support PY170 | 0.98750 | PublicSupportPY170Pct |
| 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 C IRS990ScheduleC
Total Grassroots Lobbying TotalGrassrootsLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $60,000 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $60,000 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $11,313,775 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $11,373,775 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $718,689 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $179,672 | FilingOrganizationsTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $882,161 | CurrentYearMinus3Amt |
| Current Year Minus2 | $965,001 | CurrentYearMinus2Amt |
| Current Year Minus1 | $851,906 | CurrentYearMinus1Amt |
| Current Year | $718,689 | CurrentYearAmt |
| Total | $3,417,757 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $5,126,636 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $120,570 | CurrentYearMinus3Amt |
| Current Year Minus2 | $120,961 | CurrentYearMinus2Amt |
| Current Year Minus1 | $60,263 | CurrentYearMinus1Amt |
| Current Year | $60,000 | CurrentYearAmt |
| Total | $361,794 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $220,540 | CurrentYearMinus3Amt |
| Current Year Minus2 | $241,250 | CurrentYearMinus2Amt |
| Current Year Minus1 | $212,977 | CurrentYearMinus1Amt |
| Current Year | $179,672 | CurrentYearAmt |
| Total | $854,439 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,281,659 | GrassrootsCeilingAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $450,000 | BeginningYearBalanceAmt |
| Other Expenditures | $450,000 | OtherExpendituresAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $450,000 | BeginningYearBalanceAmt |
| End Year Balance | $450,000 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $450,000 | BeginningYearBalanceAmt |
| End Year Balance | $450,000 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $450,000 | BeginningYearBalanceAmt |
| End Year Balance | $450,000 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $450,000 | BeginningYearBalanceAmt |
| End Year Balance | $450,000 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.00000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.00000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $12,999,712 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $343,522 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $343,522 | RevenueNotReportedAmt |
| Revenue Subtotal | $12,656,190 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $12,656,190 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $11,717,297 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $343,522 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $343,522 | ExpensesNotReportedAmt |
| Expenses Subtotal | $11,373,775 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $11,373,775 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | AN ENDOWMENT FUND OF $350,000 WAS RECEIVED IN MARCH 2014 TO SUPPORT ITS PROGRAMS FOR A TERM OF FIVE YEARS. IN 2017, BENETECH RECEIVED AN ADDITIONAL ENDOWMENT OF $100,000 WITH THE SAME TERM AS THE ORIGINAL ENDOWMENT FUND. ANY INCOME GENERATED FROM THE ENDOWMENT FUND WILL BE USED ONLY FOR PROGRAM EXPENSES. THE PRINCIPAL OF THE ENDOWMENT FUND SHALL NEVER BE USED UNLESS AGREED UPON IN WRITING. THE ENDOWMENT FUND WAS EXTENDED FOR FIVE ADDITIONAL YEARS TO 2024. IN 2024, THE PRINCIPAL OF THE ENDOWMENT WAS RETURNED TO THE DONOR FOLLOWING THE END OF THE FIVE-YEAR TERM. |
| PART X, LINE 2: | BASED ON AN ANALYSIS PREPARED BY THE ORGANIZATION, IT WAS DETERMINED THAT THE TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN HAD NO MATERIAL EFFECT ON THE RECORDED TAX ASSETS AND LIABILITIES OF THE ORGANIZATION. THE ORGANIZATION'S FEDERAL AND STATE INCOME TAX RETURNS FOR THE YEARS 2020 THROUGH 2023 ARE SUBJECT TO EXAMINATION BY REGULATORY AGENCIES, GENERALLY FOR THREE YEARS AND FOUR YEARS AFTER THEY ARE FILED FOR FEDERAL AND STATE RESPECTIVELY. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (4 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| EAST ASIA & THE PACIFIC | 0 | 2 | PROGRAM SERVICES | COUNTRY MANAGEMENT | $19,285 |
| EUROPE | 0 | 3 | PROGRAM SERVICES | PROGRAM MANAGEMENT SERVICES | $259,308 |
| MIDDLE EAST AND NORTH AFRICA | 0 | 2 | PROGRAM SERVICES | PROOFREADING, QA SERVICES | $187,866 |
| SOUTH ASIA | 0 | 12 | PROGRAM SERVICES | PROOFREADING, QA SERVICES | $271,325 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 19 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 19 | TotalEmployeeCnt |
| Subtotal Spent | $737,784 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $737,784 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| 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 | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AYAN KISHORE | ||||||||||||||
| CHIEF EXECUTIVE OFFICER | $318,907 | $0 | $0 | $0 | $0 | $0 | $6,423 | $0 | $19,973 | $0 | $345,303 | $0 | $0 | $0 |
| MATTHEW YIP | ||||||||||||||
| VP PRODUCT & ENGINEERING | $209,490 | $0 | $10,000 | $0 | $0 | $0 | $4,425 | $0 | $15,038 | $0 | $238,953 | $0 | $0 | $0 |
| JOHN BRUGGE | ||||||||||||||
| ENGINEERING MANAGER | $172,973 | $0 | $0 | $0 | $0 | $0 | $3,631 | $0 | $53,444 | $0 | $230,048 | $0 | $0 | $0 |
| MICHAEL JOHNSON | ||||||||||||||
| VP CONTENT | $181,741 | $0 | $0 | $0 | $0 | $0 | $3,722 | $0 | $41,803 | $0 | $227,266 | $0 | $0 | $0 |
| CHARLES MARK LAPIERRE | ||||||||||||||
| PRIN. ACCESS & CONTENT QLT ARCHITECT | $183,475 | $0 | $0 | $0 | $0 | $0 | $3,860 | $0 | $36,037 | $0 | $223,372 | $0 | $0 | $0 |
| TIA JEFFRESS | ||||||||||||||
| VP FINANCE & ADMINISTRATION | $195,021 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $23,139 | $0 | $218,160 | $0 | $0 | $0 |
| CANDACE BRADY | ||||||||||||||
| VP ADVANCEMENT | $190,932 | $0 | $0 | $0 | $0 | $0 | $3,738 | $0 | $15,037 | $0 | $209,707 | $0 | $0 | $0 |
| LISA WADORS VERNE | ||||||||||||||
| VP PROGRAMS | $186,064 | $0 | $0 | $0 | $0 | $0 | $3,722 | $0 | $0 | $0 | $189,786 | $0 | $0 | $0 |
| JACOB A BROWNELL | ||||||||||||||
| PRINCIPAL ENGINEER | $175,588 | $0 | $0 | $0 | $0 | $0 | $3,569 | $0 | $7,328 | $0 | $186,485 | $0 | $0 | $0 |
| RONALD K ELLIS III | ||||||||||||||
| SENIOR ENGINEER | $169,455 | $0 | $0 | $0 | $0 | $0 | $3,440 | $0 | $7,328 | $0 | $180,223 | $0 | $0 | $0 |
| JENNY HU | ||||||||||||||
| DIRECTOR OF IT | $156,905 | $0 | $0 | $0 | $0 | $0 | $3,174 | $0 | $17,303 | $0 | $177,382 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | LUCY RECKSEIT SERVED AS PART-TIME GENERAL COUNSEL TO THE BOARD AND WAS A CONTRACTOR. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE BYLAWS OF BENEFICENT TECHNOLOGY, INC. STATE "ONE DIRECTOR OF THIS CORPORATION SHALL BE DESIGNATED BY THE DESIGNATOR FROM TIME TO TIME", THEREFORE THE DESIGNATOR HAD THE AUTHORITY TO ELECT ONE MEMBER OF THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE VP, FINANCE & ADMINISTRATION RECEIVES A COPY OF THE FORM 990 FROM THE PREPARER AND CONDUCTS THE FIRST REVIEW OF THE FORM FOR ACCURACY. A COPY OF THE DRAFT 990 IS THEN PROVIDED TO THE CEO AND ALL BOARD MEMBERS FOR THEIR REVIEW, EDITS AND COMMENTS. THE VP, FINANCE & ADMINISTRATION THEN INCORPORATES ANY COMMENTS AND EDITS RECEIVED, IF NECESSARY. ANY EDITS OR CHANGES ARE APPROPRIATELY COMMUNICATED TO THE PREPARER AND ONCE FINALIZED THE FINAL FORM 990 IS SIGNED OFF BY THE VP, FINANCE & ADMINISTRATION. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH KEY EMPLOYEE, OFFICER, AND DIRECTOR IS EXPECTED TO READ AND SIGN ANNUALLY THE COMPANY'S CONFLICT OF INTEREST POLICY AND CODE OF CONDUCT POLICY WHICH ARE THEN REVIEWED BY THE GOVERNANCE COMMITTEE OF THE BOARD AND THEN FILED WITH ITS MINUTES. IF A CONFLICT EXISTS, THE BOARD OR THE APPROPRIATE COMMITTEE SHALL FOLLOW THE PROCEDURES SET FORTH IN THE CONFLICT OF INTEREST POLICY TO APPROPRIATELY PROTECT BENETECH'S INTERESTS. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS ANNUALLY REVIEWS COMPARABLE COMPENSATION INFORMATION, AND COMPENSATION OF THE CEO AND CFO, AND RECOMMENDS ANY CHANGES FOR FULL BOARD APPROVAL. |
| FORM 990, PART VI, SECTION C, LINE 19 | ANNUAL AUDITED FINANCIALS ARE MADE AVAILABLE TO THE PUBLIC BY POSTING TO BENETECH'S WEBSITE AFTER BOARD APPROVAL. AVAILABLE UPON REQUEST ARE AUDITED FINANCIALS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY. |
| FORM 990, PART XII, LINE 2C: | THE PROCESS OF OVERSEEING THE AUDIT AND SELECTING AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. |