Civic Intelligence

Lot Network Inc

990 • Fiscal year 2021 • EIN 46-5160062

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

Organization ProfileLOTNET.COM

View Organization Page

2055 E Warner Road Ste 101Tempe, AZ 85284

(480) 839-4900

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

85th percentile

0.52x

Higher debt load relative to assets than 85% of similar nonprofits.

2021 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

61st percentile

0.45x

Higher debt load relative to revenue than 61% of similar nonprofits.

2021 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2021

Net Margin

70th percentile

19%

Higher net margin than 70% of similar nonprofits.

2021 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

87th percentile

$500,400

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 9.9% of source-year revenue.

2021 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2021

Asset Growth

95th percentile

60%

Faster asset growth than 95% of similar nonprofits.

2021 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

79th percentile

35%

Faster revenue growth than 79% of similar nonprofits.

2021 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets85th percentile

Assets

Up

$4,405,027

Up $1,651,037 (+60%) from 2020

Net Assets

Up

$2,129,761

Up $986,660 (+86%) from 2020

Liabilities

Up

$2,275,266

Up $664,377 (+41%) from 2020

Revenue And Expenses
Liabilities / Revenue61st percentileNet Margin70th percentile

Revenue

Up

$5,062,730

Up $1,322,063 (+35%) from 2020

Expenses

Up

$4,076,070

Up $612,601 (+18%) from 2020

Net Income

Up

$986,660

Up $709,462 (+256%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2015: $1,612,811Liabilities 2015: $194,097Net Assets 2015: $1,418,7142015Assets 2016: $2,930,377Liabilities 2016: $348,561Net Assets 2016: $2,581,8162016Assets 2017: $2,266,888Liabilities 2017: $412,707Net Assets 2017: $1,854,1812017Assets 2018: $2,004,194Liabilities 2018: $874,289Net Assets 2018: $1,129,9052018Assets 2019: $1,957,892Liabilities 2019: $1,091,989Net Assets 2019: $865,9032019Assets 2020: $2,753,990Liabilities 2020: $1,610,889Net Assets 2020: $1,143,1012020Assets 2021: $4,405,027Liabilities 2021: $2,275,266Net Assets 2021: $2,129,7612021Assets 2022: $3,722,374Liabilities 2022: $1,185,919Net Assets 2022: $2,536,4552022Assets 2023: $5,973,071Liabilities 2023: $2,625,174Net Assets 2023: $3,347,8972023Assets 2024: $6,584,256Liabilities 2024: $2,924,283Net Assets 2024: $3,659,9732024

Highlighted filing

2021

Assets$4,405,027
Liabilities$2,275,266
Net Assets$2,129,761
Open 2021 Filing

Operations Trend

Revenue Growth79th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2015: $1,374,078Expenses 2015: $935,335Net Income 2015: $438,7432015Revenue 2016: $2,528,102Expenses 2016: $1,365,000Net Income 2016: $1,163,1022016Revenue 2017: $1,023,477Expenses 2017: $1,751,112Net Income 2017: -$727,6352017Revenue 2018: $1,715,579Expenses 2018: $2,439,855Net Income 2018: -$724,2762018Revenue 2019: $3,012,168Expenses 2019: $3,276,170Net Income 2019: -$264,0022019Revenue 2020: $3,740,667Expenses 2020: $3,463,469Net Income 2020: $277,1982020Revenue 2021: $5,062,730Expenses 2021: $4,076,070Net Income 2021: $986,6602021Revenue 2022: $6,476,636Expenses 2022: $6,069,942Net Income 2022: $406,6942022Revenue 2023: $7,527,054Expenses 2023: $6,715,612Net Income 2023: $811,4422023Revenue 2024: $9,164,417Expenses 2024: $8,707,352Net Income 2024: $457,0652024

Highlighted filing

2021

Revenue$5,062,730
Expenses$4,076,070
Net Income$986,660
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.2
Gross Receipts
$5,062,730
Mission and Program Overview

Mission

Lot network promotes innovation by reducing the risk of litigation from patent assertion entities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$1,451,404$2,739,052▲ $1,287,648
Cash and Non-Interest-Bearing Accounts$905,891$1,012,162▲ $106,271
Savings and Temporary Cash Investments$312,689$545,906▲ $233,217
Prepaid Expenses and Deferred Charges$81,700$107,907▲ $26,207
Land, Buildings, and Equipment, Net$2,306$0▼ $2,306
Total Assets$2,753,990$4,405,027▲ $1,651,037
Liabilities
Accounts Payable and Accrued Expenses$1,249,491$1,577,355▲ $327,864
Deferred Revenue$361,398$697,911▲ $336,513
Total Liabilities$1,610,889$2,275,266▲ $664,377
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,143,101$2,129,761▲ $986,660
Total Net Assets Fund Balance$1,143,101$2,129,761▲ $986,660
Total Liabilities and Net Assets / Fund Balance$2,753,990$4,405,027▲ $1,651,037

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$42,302$42,302
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ken SeddonCEOFT$400,000$100,400$500,400
Ilja BednerLicensing ExecutiveFT$410,250$50,400$460,650
John BronsnanLicensing ExecutiveFT$333,000-$333,000
Steve McdevittSVP, Head of Global BusinessFT$240,389-$240,389
Andrew BlockLicensing ExecutiveFT$150,000-$150,000

Board Members and Trustees

NameTitle
Hideki SanatakeDirector
Patrick McbrideDirector
Tim KowalskiDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Hisao YamasakiLicensing6604 GRANITE CREST CT, San Diego, CA 92130, Ja$360,000
Render Strategies LLCPromotion And Communication11801 DOMAIN BLVD 3, Austin, TX 78758$163,553
Skaled ConsultingConsulting-$144,215
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,062,682
Investment Income
$48
Other Revenue
$0
Change in Net Assets
$986,660
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,639,331
Salaries, Compensation, and Employee Benefits$1,436,739
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other---$1,182,077
Advertising---$880,993
Other Salaries and Wages---$774,740
Current Officers, Directors, Trustees, and Key Employees---$504,400
Fees for Services Legal---$200,650
Other Employee Benefits---$95,131
Fees for Services Accounting---$84,000
Fees for Services Management---$78,750
Payroll Taxes---$62,468
Travel---$56,326
Office Expenses---$50,066
Conferences and Meetings---$16,200
Other Expenses---$9,311
Insurance---$5,588
Information Technology---$3,442
Depreciation Depletion---$2,306
Total Functional Expenses$0$0$0$4,076,070
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Gina SeddonMarried to Ken SeddonCompensation for ServicesNo$78,750
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The ceo and the board of directors will review the 990 prior to filing.”

Form 990, Part VI, Section B, Line 15A

“The board of directors reviews comparability data to determine the compensation of the organization's ceo.”

Form 990, Part VI, Section C, Line 19

“The organization generally makes its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Lot Network Inc
EIN
46-5160062
Phone
4808394900
Address
2055 E WARNER ROAD STE 101, TEMPE, AZ 85284

Signing Officer

Name
Ken Seddon
Title
CEO
Phone
6023215334
Signed
2022-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kenneth Seddon
Formed
2014
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
5
Volunteers
3

Preparer

Firm
Henry & Horne Llp
Address
2055 E WARNER ROAD SUITE 101, TEMPE, AZ 85284
Preparer
Colette Kamps CPA
Phone
4808394900
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“CONTRACTOR 1,182,077.”

Raw XML AppendixShowing 400 of 420 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01249491
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01577355
IRS990/AccountsReceivableGrp/BOYAmt01451404
IRS990/AccountsReceivableGrp/EOYAmt02739052
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0LOT NETWORK PROMOTES INNOVATION BY REDUCING THE RISK OF LITIGATION FROM PATENT ASSERTION ENTITIES.
IRS990/AdvertisingGrp/TotalAmt0880993
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JESSICA PUCKETT MOULDER
IRS990/BooksInCareOfDetail/PhoneNum04808394900
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02055 E WARNER RD
IRS990/BooksInCareOfDetail/USAddress/CityNm0TEMPE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AZ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd085284
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd01
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0905891
IRS990/CashNonInterestBearingGrp/EOYAmt01012162
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt03
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0504400
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/TotalAmt016200
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0360000
IRS990/ContractorCompensationGrp/CompensationAmt1163553
IRS990/ContractorCompensationGrp/CompensationAmt2144215
IRS990/ContractorCompensationGrp/ContractorAddress/ForeignAddress/AddressLine1Txt04-8-29 KAMAKURAYAMA KAMAKURA
IRS990/ContractorCompensationGrp/ContractorAddress/ForeignAddress/CountryCd0JA
IRS990/ContractorCompensationGrp/ContractorAddress/ForeignAddress/ProvinceOrStateNm0KANAGAWA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt06604 GRANITE CREST CT
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt111801 DOMAIN BLVD 3
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0SAN DIEGO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1AUSTIN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1TX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd092130
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd178758
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0HISAO YAMASAKI
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1RENDER STRATEGIES LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2SKALED CONSULTING
IRS990/ContractorCompensationGrp/ServicesDesc0LICENSING
IRS990/ContractorCompensationGrp/ServicesDesc1PROMOTION AND COMMUNICATION
IRS990/ContractorCompensationGrp/ServicesDesc2CONSULTING
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt048
IRS990/CYOtherExpensesAmt02639331
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt05062682
IRS990/CYRevenuesLessExpensesAmt0986660
IRS990/CYSalariesCompEmpBnftPaidAmt01436739
IRS990/CYTotalExpensesAmt04076070
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05062730
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0361398
IRS990/DeferredRevenueGrp/EOYAmt0697911
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt02306
IRS990/Desc0CONFERENCE SPEAKING ENGAGEMENTS, MARKETING/PUBLIC RELATIONS AND WEBSITE DEVELOPMENT - EACH OF THESE ACTIVITIES HELPED PROMOTE THE MISSION OF THE ORGANIZATION TO BOTH MEMBERS AND THE GENERAL PUBLIC. DUE TO THESE EFFORTS, THE ORGANIZATION HAS BEEN REFERENCED IN NUMEROUS PUBLICATIONS AROUND THE WORLD REGARDING RISKS RELATED TO PATENT ASSERTION ENTITIES.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt084000
IRS990/FeesForServicesLegalGrp/TotalAmt0200650
IRS990/FeesForServicesManagementGrp/TotalAmt078750
IRS990/FeesForServicesOtherGrp/TotalAmt01182077
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt04.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt24.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt345.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt350400
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt450400
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0HIDEKI SANATAKE
IRS990/Form990PartVIISectionAGrp/PersonNm1PATRICK MCBRIDE
IRS990/Form990PartVIISectionAGrp/PersonNm2TIM KOWALSKI
IRS990/Form990PartVIISectionAGrp/PersonNm3KEN SEDDON
IRS990/Form990PartVIISectionAGrp/PersonNm4ILJA BEDNER
IRS990/Form990PartVIISectionAGrp/PersonNm5STEVE MCDEVITT
IRS990/Form990PartVIISectionAGrp/PersonNm6JOHN BRONSNAN
IRS990/Form990PartVIISectionAGrp/PersonNm7ANDREW BLOCK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3450000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4410250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5240389
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6333000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7150000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt4LICENSING EXECUTIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt5SVP, HEAD OF GLOBAL BUSINESS
IRS990/Form990PartVIISectionAGrp/TitleTxt6LICENSING EXECUTIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt7LICENSING EXECUTIVE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt05062730
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt05
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt03442
IRS990/InsuranceGrp/TotalAmt05588
IRS990/InvestmentIncomeGrp/ExclusionAmt048
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt048
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt042302
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02306
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt042302
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0LOT NETWORK PROMOTES INNOVATION BY REDUCING THE RISK OF LITIGATION FROM PATENT ASSERTION ENTITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01143101
IRS990/NetAssetsOrFundBalancesEOYAmt02129761
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01143101
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02129761
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt050066
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt095131
IRS990/OtherExpensesGrp/Desc0SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/TotalAmt069622
IRS990/OtherExpensesGrp/TotalAmt19311
IRS990/OtherSalariesAndWagesGrp/TotalAmt0774740
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt062468
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt081700
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0107907
IRS990/PrincipalOfficerNm0KENNETH SEDDON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541900
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0USER FEES
IRS990/ProgramServiceRevenueGrp/Desc1SPONSORSHIPS
IRS990/ProgramServiceRevenueGrp/Desc2REGISTRATION FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04991616
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt163000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt28066
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04991616
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt163000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt28066
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0328
IRS990/PYOtherExpensesAmt02064471
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt03740339
IRS990/PYRevenuesLessExpensesAmt0277198
IRS990/PYSalariesCompEmpBnftPaidAmt01398998
IRS990/PYTotalExpensesAmt03463469
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03740667
IRS990/ReconcilationRevenueExpnssAmt0986660
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0312689
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0545906
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt042302
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt042302
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0400000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1410250
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2333000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3240389
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount050000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt050400
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt150400
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KEN SEDDON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1ILJA BEDNER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2JOHN BRONSNAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3STEVE MCDEVITT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1LICENSING EXECUTIVE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2LICENSING EXECUTIVE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3SVP, HEAD OF GLOBAL BUSINESS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0500400
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1460650
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2333000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt3240389
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt30
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS APPROVES THE CEO'S COMPENSATION BASED ON A COMPARISION TO INDUSTRY DATA.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0GINA SEDDON
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0MARRIED TO KEN SEDDON
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt078750
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0COMPENSATION FOR SERVICES
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CEO AND THE BOARD OF DIRECTORS WILL REVIEW THE 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS REVIEWS COMPARABILITY DATA TO DETERMINE THE COMPENSATION OF THE ORGANIZATION'S CEO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION GENERALLY MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONTRACTOR 1,182,077.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02753990
IRS990/TotalAssetsEOYAmt04405027
IRS990/TotalAssetsGrp/BOYAmt02753990
IRS990/TotalAssetsGrp/EOYAmt04405027
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/TotalAmt04076070
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01610889
IRS990/TotalLiabilitiesEOYAmt02275266
IRS990/TotalLiabilitiesGrp/BOYAmt01610889
IRS990/TotalLiabilitiesGrp/EOYAmt02275266
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01143101
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02129761
IRS990/TotalOtherCompensationAmt0100800
IRS990/TotalProgramServiceRevenueAmt05062682
IRS990/TotalReportableCompFromOrgAmt01583639
IRS990/TotalRevenueGrp/ExclusionAmt048
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05062682
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05062730
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02753990
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04405027
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt056326
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02055 E WARNER ROAD STE 101
IRS990/USAddress/CityNm0TEMPE
IRS990/USAddress/StateAbbreviationCd0AZ
IRS990/USAddress/ZIPCd085284
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0LOTNET.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KEN SEDDON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum06023215334
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LOT NETWORK INC
ReturnHeader/Filer/BusinessNameControlTxt0LOTN
ReturnHeader/Filer/EIN0465160062
ReturnHeader/Filer/PhoneNum04808394900

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,405,027
Liabilities
$2,275,266
Net assets
$2,129,761
Revenue
$5,062,730
Expenses
$4,076,070
Net income
$986,660
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.58$2.92$3.66$9.16$8.71$0.46
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.97$2.63$3.35$7.53$6.72$0.81
2022Detailed filing. Detailed filing data is available for this year.$3.72$1.19$2.54$6.48$6.07$0.41
2021Detailed filing. Detailed filing data is available for this year.$4.41$2.28$2.13$5.06$4.08$0.99
2020Detailed filing. Detailed filing data is available for this year.$2.75$1.61$1.14$3.74$3.46$0.28
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.96$1.09$0.87$3.01$3.28$0.26
2018Detailed filing. Detailed filing data is available for this year.$2.00$0.87$1.13$1.72$2.44$0.72
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.27$0.41$1.85$1.02$1.75$0.73
2016Summary only. Only limited summary data is available for this year.$2.93$0.35$2.58$2.53$1.37$1.16
2015Summary only. Only limited summary data is available for this year.$1.61$0.19$1.42$1.37$0.94$0.44