Civic Intelligence

Prpl Foundation

EIN 47-1110074 • 501(c)6 • Wakefield, MA

Profile

The prpl foundation enables high-velocity, service-driven innovation oncustomer-premises equipment by harmonizing interfaces in open apis anddelivering open-source reference implementations of commoninfrastructure.the mission of the foundation may only be amended by a unanimous voteof all platinum directors (as defined in the bylaws).

401 Edgewater Place 600Wakefield, MA 01880

prplfoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

95th percentile

0.84x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

2.05x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

74th percentile

14%

Higher net margin than 74% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

92nd percentile

36%

Faster asset growth than 92% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

86th percentile

30%

Faster revenue growth than 86% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets95th percentile

Assets

Up

$4,439,056

Up $231,204 (+5.5%) from 2023

Liabilities

Down

$3,739,638

Down $30,934 (-0.8%) from 2023

Net Assets

Up

$699,418

Up $262,138 (+60%) from 2023

Operations
Liabilities / Revenue98th percentileNet Margin74th percentile

Revenue

Up

$1,825,234

Up $611,047 (+50%) from 2023

Expenses

Up

$1,563,096

Up $549,851 (+54%) from 2023

Net Income

Up

$262,138

Up $61,196 (+30%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth92nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0-$2.0MAssets 2014: $197,248Liabilities 2014: $378,486Net Assets 2014: -$181,2382014Assets 2015: $501,480Liabilities 2015: $339,480Net Assets 2015: $162,0002015Assets 2016: $308,526Liabilities 2016: $382,684Net Assets 2016: -$74,1582016Assets 2017: $175,671Liabilities 2017: $501,601Net Assets 2017: -$325,9302017Assets 2018: $305,864Liabilities 2018: $539,855Net Assets 2018: -$233,9912018Assets 2019: $803,234Liabilities 2019: $696,175Net Assets 2019: $107,0592019Assets 2020: $877,835Liabilities 2020: $639,718Net Assets 2020: $238,1172020Assets 2021: $4,671,273Liabilities 2021: $4,628,697Net Assets 2021: $42,5762021Assets 2022: $2,385,281Liabilities 2022: $2,148,943Net Assets 2022: $236,3382022Assets 2023: $4,207,852Liabilities 2023: $3,770,572Net Assets 2023: $437,2802023Assets 2024: $4,439,056Liabilities 2024: $3,739,638Net Assets 2024: $699,4182024

Highlighted filing

2024

Assets$4,439,056
Liabilities$3,739,638
Net Assets$699,418
Open 2024 Filing

Operations Trend

Revenue Growth86th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2014: $156,250Expenses 2014: $337,488Net Income 2014: -$181,2382014Revenue 2015: $1,056,667Expenses 2015: $713,429Net Income 2015: $343,2382015Revenue 2016: $952,833Expenses 2016: $1,188,991Net Income 2016: -$236,1582016Revenue 2017: $415,493Expenses 2017: $667,265Net Income 2017: -$251,7722017Revenue 2018: $468,650Expenses 2018: $376,711Net Income 2018: $91,9392018Revenue 2019: $763,598Expenses 2019: $422,548Net Income 2019: $341,0502019Revenue 2020: $1,278,299Expenses 2020: $1,147,241Net Income 2020: $131,0582020Revenue 2021: $801,692Expenses 2021: $997,233Net Income 2021: -$195,5412021Revenue 2022: $1,086,386Expenses 2022: $892,624Net Income 2022: $193,7622022Revenue 2023: $1,214,187Expenses 2023: $1,013,245Net Income 2023: $200,9422023Revenue 2024: $1,825,234Expenses 2024: $1,563,096Net Income 2024: $262,1382024

Highlighted filing

2024

Revenue$1,825,234
Expenses$1,563,096
Net Income$262,138
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$4,439,056
Liabilities
$3,739,638
Net assets
$699,418
Revenue
$1,825,234
Expenses
$1,563,096
Net income
$262,138
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.44$3.74$0.70$1.83$1.56$0.26
2023Detailed filing. Detailed filing data is available for this year.$4.21$3.77$0.44$1.21$1.01$0.20
2022Detailed filing. Detailed filing data is available for this year.$2.39$2.15$0.24$1.09$0.89$0.19
2021Detailed filing. Detailed filing data is available for this year.$4.67$4.63$0.04$0.80$1.00$0.20
2020Detailed filing. Detailed filing data is available for this year.$0.88$0.64$0.24$1.28$1.15$0.13
2019Detailed filing. Detailed filing data is available for this year.$0.80$0.70$0.11$0.76$0.42$0.34
2018Detailed filing. Detailed filing data is available for this year.$0.31$0.54$0.23$0.47$0.38$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.18$0.50$0.33$0.42$0.67$0.25
2016Detailed filing. Detailed filing data is available for this year.$0.31$0.38$0.07$0.95$1.19$0.24
2015Summary only. Only limited summary data is available for this year.$0.50$0.34$0.16$1.06$0.71$0.34
2014Summary only. Only limited summary data is available for this year.$0.20$0.38$0.18$0.16$0.34$0.18
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 7, 2025
Return Version
2024v5.2
Gross Receipts
$1,825,234
Mission and Program Overview

Mission

See schedule othe mission of the foundation is to: (a) develop, support and promote an open-source, community-driven consortium with a focus on enabling the security and interoperability of embedded devices for the internet of things (iot) and smart society of the future; and (b) undertake other activities as appropriate to further the purposes and achieve the goals set forth above. Historically, the prpl foundation developed around the mips ecosystem; it now has evolved to be instruction set-neutral in its approach. The mission of the foundation may only be amended by a unanimous vote of all of platinum directors (as defined below).

The prpl foundation is a collaborative open-source community dedicated to open api specifications and open industry standards, focusing on carrier-grade software for broadband customer premise equipment as specified by operator members. The prpl foundation brings together service providers, original equipment manufacturers, system integrators, chip vendors and application developers to harmonize home network architecture, then commonizes a reference implementation of standardized open-source infrastructure built atop open api specifications and open industry standards. Prpl enables a service delivery ecosystem including innovative third-party applications that can be quickly and easily deployed across different cpe platforms.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$2,322,164$2,424,805▲ $102,641
Savings and Temporary Cash Investments$818,686$1,342,608▲ $523,922
Cash and Non-Interest-Bearing Accounts$1,067,002$671,643▼ $395,359
Total Assets$4,207,852$4,439,056▲ $231,204
Liabilities
Deferred Revenue$1,158,411$1,724,710▲ $566,299
Other Liabilities$2,539,925$1,210,332▼ $1,329,593
Accounts Payable and Accrued Expenses$72,236$804,596▲ $732,360
Total Liabilities$3,770,572$3,739,638▼ $30,934
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$437,280$699,418▲ $262,138
Total Net Assets Fund Balance$437,280$699,418▲ $262,138
Total Liabilities and Net Assets / Fund Balance$4,207,852$4,439,056▲ $231,204
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Dr Leonard DauphineePresident
Oscar LealGold Director
Paul KeatorGold Director (until 1/24)
John ValdezPlatinum Director
Mike EmmendorfeirPlatinum Director
Raj NandPlatinum Director
Sreekanth NatarajanPlatinum Director
Wojtek MakowskiPlatinum Director
Randy ZimlerPlatinum Director (until 12/24)
Dan MattoxPlatinum Director (until 9/24)
Ian WheelockSilver Director
Jean-paul CamilleSilver Director
Peter VandenengelSilver Director
Wayne DanielSilver Director (until 8/24)
Jason SavardTreasurer (as of 7/24)
Thomas StanekerTreasurer (until 7/24)

Highest Paid Contractors

ContractorServicesLocationCompensation
Inango Systems LtdSoftware DevelopersHATAAS 20 PO BOX 2424, Kefar Sava, Is$306,000
Clusteredart BvPrincipal ArchitectASPERGEVELD 19, Haacht, Be$202,921
Shelly CoenContracted Operations ManagerKILLIMOR THE NEALE, Ballinrobe Co Mayo, Ei$162,404
Petr StetiarSoftware DeveloperMUGLINOVSKA 278/31, Ostrava, Ez$111,300
Revenue and Support

Revenue Composition

Contributions and Grants
$133,396
Program Service Revenue
$1,667,917
Investment Income
$23,921
Other Revenue
$0
All Other Contributions
$133,396
Change in Net Assets
$262,138
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,563,096
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management---$163,802
Advertising---$40,000
Fees for Services Accounting---$38,750
Information Technology---$9,627
Office Expenses---$7,729
Other Expenses---$4,250
Insurance---$3,379
Fees for Services Legal---$3,298
Total Functional Expenses$0$0$0$1,563,096
International Activity

International Summary

Offices
0
Employees
0
Spending
$186,908

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Global Prpl Summit Paris 2024Programmatic SummitThe First Day (october 7th) Was the Business Prpl Summit and the Second Day (october 8th) Wass Our Technical Day Where Our Smes Shared a Lot of Insights of Working With Prplware.00$186,908
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Project Costs$1,210,332
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The organization delegates financial duties to the management company, virtual, inc.”

Form 990, Part VI, Section A, Line 6

“The foundation has four classes of membership: platinum members, gold members, silver members, and app developer members. The number of platinum members shall be limited. The number of gold members, silver members and app developer members is unlimited.”

Form 990, Part VI, Section A, Line 7A

“Subject to the provisions of section 4.3, the board shall establish reasonable nomination and election procedures for the directors elected by any class of members, given the nature, size, and operations of the foundation, including a reasonable means for members of appropriate classes to nominate a person for election as a director, a reasonable opportunity for a nominee to communicate to the members the nominee's qualifications and the reasons for the nominee's candidacy (if requested by such nominee), a reasonable opportunity for all nominees to solicit votes (if requested by any such nominee), and a reasonable opportunity for all members entitled to vote thereon to choose among the nominees.”

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

“The completed form 990 is provided to the president to approve prior to filing.”

Form 990, Part VI, Section B, Line 15

“Directors shall not receive any stated salary or reimbursements for their services as directors; provided that, by resolution of a majority of the board, the foundation may reimburse directors for expenses incurred while acting on behalf of the foundation and/or expenses incurred in attending meetings of the board, in such amounts as the board may determine to be appropriate.”

Form 990, Part VI, Section C, Line 19

“Prpl publicly shares its tax information and financial statements. Prpl shares its bylaws and ip policies on its public website.”

Filing and Contact Details

Filer

Filer Name
Prpl Foundation
EIN
47-1110074
Phone
7812460500
Address
401 EDGEWATER PLACE 600, WAKEFIELD, MA 01880

Signing Officer

Name
Jason Savard
Title
Treasurer
Phone
7812460500
Signed
2025-10-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Savard
Formed
2014
Legal Domicile
De
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
20

Preparer

Firm
Aafcpas Inc
Address
50 WASHINGTON STREET, WESTBOROUGH, MA 01581
Preparer
Caitlin Limoges CPA
Phone
5083669100
Raw XML AppendixShowing 400 of 430 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER (UNTIL 7/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER (AS OF 7/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt3PLATINUM DIRECTOR (UNTIL 12/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt4PLATINUM DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5GOLD DIRECTOR (UNTIL 1/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt6SILVER DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7SILVER DIRECTOR (UNTIL 8/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt8PLATINUM DIRECTOR (UNTIL 9/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt9GOLD DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10PLATINUM DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11PLATINUM DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12PLATINUM DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13PLATINUM DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14SILVER DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15SILVER DIRECTOR
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IRS990/FormationYr02014
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IRS990/MissionDesc0THE PRPL FOUNDATION ENABLES HIGH-VELOCITY, SERVICE-DRIVEN INNOVATION ONCUSTOMER-PREMISES EQUIPMENT BY HARMONIZING INTERFACES IN OPEN APIS ANDDELIVERING OPEN-SOURCE REFERENCE IMPLEMENTATIONS OF COMMONINFRASTRUCTURE.THE MISSION OF THE FOUNDATION MAY ONLY BE AMENDED BY A UNANIMOUS VOTEOF ALL PLATINUM DIRECTORS (AS DEFINED IN THE BYLAWS).
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/Organization501cInd0X
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IRS990/OtherExpensesGrp/Desc0PROJECT EXPENSES
IRS990/OtherExpensesGrp/Desc1EVENT EXPENSES
IRS990/OtherExpensesGrp/Desc2MEMBERSHIPS
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IRS990/OtherExpensesGrp/TotalAmt1211110
IRS990/OtherExpensesGrp/TotalAmt24250
IRS990/OtherLiabilitiesGrp/BOYAmt02539925
IRS990/OtherLiabilitiesGrp/EOYAmt01210332
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JASON SAVARD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1EVENT
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1268462
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1268462
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt01342608
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IRS990ScheduleD/TotalLiabilityAmt01210332
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0186908
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0GLOBAL PRPL SUMMIT PARIS 2024
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0THE FIRST DAY (OCTOBER 7TH) WAS THE BUSINESS PRPL SUMMIT AND THE SECOND DAY (OCTOBER 8TH) WASS OUR TECHNICAL DAY WHERE OUR SMES SHARED A LOT OF INSIGHTS OF WORKING WITH PRPLWARE.
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAMMATIC SUMMIT
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IRS990ScheduleF/ContinuationSpentAmt00
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IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
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IRS990ScheduleF/SubtotalSpentAmt0186908
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IRS990ScheduleF/TotalSpentAmt0186908
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DELEGATES FINANCIAL DUTIES TO THE MANAGEMENT COMPANY, VIRTUAL, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION HAS FOUR CLASSES OF MEMBERSHIP: PLATINUM MEMBERS, GOLD MEMBERS, SILVER MEMBERS, AND APP DEVELOPER MEMBERS. THE NUMBER OF PLATINUM MEMBERS SHALL BE LIMITED. THE NUMBER OF GOLD MEMBERS, SILVER MEMBERS AND APP DEVELOPER MEMBERS IS UNLIMITED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SUBJECT TO THE PROVISIONS OF SECTION 4.3, THE BOARD SHALL ESTABLISH REASONABLE NOMINATION AND ELECTION PROCEDURES FOR THE DIRECTORS ELECTED BY ANY CLASS OF MEMBERS, GIVEN THE NATURE, SIZE, AND OPERATIONS OF THE FOUNDATION, INCLUDING A REASONABLE MEANS FOR MEMBERS OF APPROPRIATE CLASSES TO NOMINATE A PERSON FOR ELECTION AS A DIRECTOR, A REASONABLE OPPORTUNITY FOR A NOMINEE TO COMMUNICATE TO THE MEMBERS THE NOMINEE'S QUALIFICATIONS AND THE REASONS FOR THE NOMINEE'S CANDIDACY (IF REQUESTED BY SUCH NOMINEE), A REASONABLE OPPORTUNITY FOR ALL NOMINEES TO SOLICIT VOTES (IF REQUESTED BY ANY SUCH NOMINEE), AND A REASONABLE OPPORTUNITY FOR ALL MEMBERS ENTITLED TO VOTE THEREON TO CHOOSE AMONG THE NOMINEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE COMPLETED FORM 990 IS PROVIDED TO THE PRESIDENT TO APPROVE PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DIRECTORS SHALL NOT RECEIVE ANY STATED SALARY OR REIMBURSEMENTS FOR THEIR SERVICES AS DIRECTORS; PROVIDED THAT, BY RESOLUTION OF A MAJORITY OF THE BOARD, THE FOUNDATION MAY REIMBURSE DIRECTORS FOR EXPENSES INCURRED WHILE ACTING ON BEHALF OF THE FOUNDATION AND/OR EXPENSES INCURRED IN ATTENDING MEETINGS OF THE BOARD, IN SUCH AMOUNTS AS THE BOARD MAY DETERMINE TO BE APPROPRIATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PRPL PUBLICLY SHARES ITS TAX INFORMATION AND FINANCIAL STATEMENTS. PRPL SHARES ITS BYLAWS AND IP POLICIES ON ITS PUBLIC WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
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IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalCompGreaterThan150KInd00
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0401 EDGEWATER PLACE 600
IRS990/USAddress/CityNm0WAKEFIELD
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001880
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IRS990/WebsiteAddressTxt0HTTP://PRPLFOUNDATION.ORG/

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