Civic Intelligence

Net Foundation

990EZ • Fiscal year 2021 • EIN 47-2119192

Jul 01, 2020 to Jun 30, 2021 • Filed on May 03, 2022

One Microsoft WayRedmond, WA 98052

(425) 705-1008

Siviq Scores

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

Liabilities / Assets

91st percentile

0.52x

Higher debt load relative to assets than 91% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

97th percentile

1.07x

Higher debt load relative to revenue than 97% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Net Margin

14th percentile

-26%

Higher net margin than 14% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

88th percentile

55%

Faster asset growth than 88% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

15th percentile

-40%

Faster revenue growth than 15% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$355,650

Up $125,929 (+55%) from 2020

Net Assets

Down

$170,805

Down $44,723 (-21%) from 2020

Liabilities

Up

$184,845

Up $170,652 (+1202%) from 2020

Revenue

Down

$172,811

Down $114,139 (-40%) from 2020

Expenses

Up

$217,534

Up $62,612 (+40%) from 2020

Net Income

Down

-$44,723

Down $176,751 (-134%) from 2020

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2015: $130,764Liabilities 2015: $0Net Assets 2015: $130,7642015Assets 2016: $101,928Liabilities 2016: $0Net Assets 2016: $101,9282016Assets 2017: $125,973Liabilities 2017: $0Net Assets 2017: $125,9732017Assets 2018: $148,071Liabilities 2018: $0Net Assets 2018: $148,0712018Assets 2019: $83,500Liabilities 2019: $0Net Assets 2019: $83,5002019Assets 2020: $229,721Liabilities 2020: $14,193Net Assets 2020: $215,5282020Assets 2021: $355,650Liabilities 2021: $184,845Net Assets 2021: $170,8052021Assets 2022: $354,963Liabilities 2022: $115,174Net Assets 2022: $239,7892022Assets 2023: $211,742Liabilities 2023: $22,409Net Assets 2023: $189,3332023Assets 2024: $46,877Liabilities 2024: $6,374Net Assets 2024: $40,5032024

Highlighted filing

2021

Assets$355,650
Liabilities$184,845
Net Assets$170,805

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2015: $135,000Expenses 2015: $4,236Net Income 2015: $130,7642015Revenue 2016: $3,397Expenses 2016: $32,233Net Income 2016: -$28,8362016Revenue 2017: $111,379Expenses 2017: $87,334Net Income 2017: $24,0452017Revenue 2018: $118,235Expenses 2018: $96,137Net Income 2018: $22,0982018Revenue 2019: $38,797Expenses 2019: $103,368Net Income 2019: -$64,5712019Revenue 2020: $286,950Expenses 2020: $154,922Net Income 2020: $132,0282020Revenue 2021: $172,811Expenses 2021: $217,534Net Income 2021: -$44,7232021Revenue 2022: $434,900Expenses 2022: $315,916Net Income 2022: $118,9842022Revenue 2023: $280,867Expenses 2023: $331,323Net Income 2023: -$50,4562023Revenue 2024: $60,000Expenses 2024: $208,830Net Income 2024: -$148,8302024

Highlighted filing

2021

Revenue$172,811
Expenses$217,534
Net Income-$44,723
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 3, 2022
Return Version
2020v4.0
Gross Receipts
$172,811
Mission and Program Overview

Mission

The .NET Foundation promotes the interests of the .NET programming community, including developers, independent software vendors and platform providers.

Program Services

DescriptionGrantsExpenses
The .NET Foundation provides the following services in support of the projects assigned to it.Project Guidance and Mentoring: New .NET projects joining the Foundation get mentorship to help with expertise in running an open source community and access to other developers currently looking after .NET open source projects. We work with project leads to help ensure that the project grows into a vibrant and welcoming community and help share knowledge on best practices in running a friendly, collaborative and innovative open source community.IP and Legal: We help projects organize and manage their IP assignments as well as provide infrastructure for tracking a common, simple, Contribution License Agreement across all .NET Foundation projects. We can help in ensuring people respect the open source licenses and trademarks of projects assigned to the .NET Foundation and we can provide access to advice on legal issues affecting projects in the .NET Foundation.Technical Support: We provide a number of technical support services for our projects including Authenticode code-signing of binaries and installers, binary distribution management, forums, hosting, shared secret storage, online and phone conferencing as well as document collaboration facilities and access to software.Marketing and Communications: The .NET Foundation works with Microsoft and the broader industry to increase the exposure of open source projects in the .NET community and the .NET Foundation. The .NET Foundation provides access to these resources to projects and looks to promote the activities of our communities.Financial Support: The .NET Foundation is not a grant funding body, but the .NET Foundation can help projects accept, invoice and process donations in-kind or earmarked donations on behalf of the individual projects. As a US tax-exempt non-profit organization (501(c)(6)), there are some limits on what projects can do with those assets, but the Foundation will work with the project to ensure funds are spent appropriately. When running events such as meet-ups and conferences, the Foundation can also work with projects to create ticket selling accounts, arrange contracts with venues etc. Donations typically cover activities including hosting expenses, travel expenses to attend conferences/meet-ups, promotional items for the project, sponsoring or organizing a conference/meet-up.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Miklos BarkocziTreasurer-$0--
Bill WagnerDirector-$0--
Beth MassiDirector-$0--
Javier LozanoDirector-$0--
Rodney LittlesDirector-$0--
Layla PorterDirector-$0--
Jeff StraussDirector-$0--
Shawn WildermuthDirector-$0--
Claire NovotnyExecutive DirectorFT$0--
Filing and Contact Details

Filer

Filer Name
NET Foundation
EIN
47-2119192
Phone
4257051008
Address
One Microsoft Way, Redmond, WA 98052

Signing Officer

Name
Miklos Barkoczi
Title
Treasurer
Signed
2022-05-03
Discuss with paid preparer
Yes

Preparer

Firm
Jones & Associates PLLC CPAS
Address
17544 Midvale Ave N Ste 100, Shoreline, WA 98133
Preparer
Judy C Jones CPA
Phone
2065255186
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $4149

Other Expenses.1

Management Support $77400

Other Expenses.2

Outreach $74549

Other Expenses.3

Infrastructure Support $7434

Other Expenses.4

Other Administrative $3849

Other Expenses.5

Sponsorship $1500

Other Assets.1005

Accounts Receivable - Beginning $68222 Accounts Receivable - Ending $5759

Other Assets.1011

Prepaid Expenses and Deferred Charges - Beginning $0 Prepaid Expenses and Deferred Charges - Ending $536

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $14193 Accounts Payable and Accrued Expenses - Ending $7387

Total Liabilities.1003

Deferred Revenue - Beginning $0 Deferred Revenue - Ending $177458

Raw XML Appendix157 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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