Innovators Network Foundation FY2020 filing

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to support the creation and advancement of highgrowth innovative technology and research

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 27-1413020) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
82¢ of each $1 spent went to programs.
$24K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $71K a year · 6% of revenue · last 5 filings
A surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
82%
of spending
82% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$24K
to officers and key staff · 2% of spending
Pay to officers and key staff is 2% of spending.
Part VII, Section A
1.0 mo
of spending, in cash
1.0 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$109K
120% of total assets
Liabilities are 120% of assets.
Pt X · Ln 26
Independent board members
0
of 3 voting members
None of 3 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$973K
Spent
$1.0M
To programs
82%
Net assets
−$18K
By yearFY2020–FY2024
Revenue
$973K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$973K
FY2021$972K
FY2022$2.3M
FY2023$1.1M
FY2024$986K
Expenses
$1.0M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$1.0M
FY2021$925K
FY2022$1.5M
FY2023$1.1M
FY2024$1.4M
Net assets
−$18K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$18K
FY2021$29K
FY2022$829K
FY2023$813K
FY2024$411K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2010.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $853K Management & general 18% · $194K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990; $24K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
$24,000Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A

Jonathan Zuck’s $144K as Director of Future Wor is at the 97th percentile of top reported officer pay among 2167 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Jonathan Zuck$144,000$144,000$24,000$24,000$24,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Innovators Network Foundation executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Funds innovative technology and research to foster high growth.

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3 programs · $755K · in their own filed words · FY2020
01

Privacy Innovators Network Foundation inaugurated Privacy Fellowship program to bring attention to work being done by academics, practitioners, and other privacy experts with regard to the work done on privacy policy across sectors and around the world.

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 27-1413020) · Dispute this line
$375Kprogram expense
02

FRAND Innovators Network Foundation inaugurated Privacy Fellowship program to bring attention to work being done by academics, practitioners, and other privacy experts with regard to the work done on privacy policy across sectors and around the world.

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 27-1413020) · Dispute this line
$320Kprogram expense
03

ACT Fly-in Innovators Network was a key sponsor of the annual fly-in held by Association for Competitive Technology that educated more than 50 executives from small app-based firms and prepared them to meet with lawmakers, regulators and administration officials over many days regarding issues about data privacy and security, Internet…

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 27-1413020) · Dispute this line
$60Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$973K
Ln 12
Fees for servicesLn 2g$560K
Gifts and grantsLn 1h$349K
Other incomeLn 4–11$64K
Money outPt IX
$1.0M
Ln 25
Programscol B$853K
Managementcol C$194K
Owns and owesPt X
−$18K
net assets · Ln 32
Cash and savingsLn 1–2$90K
Total assetsLn 16$90K
LiabilitiesLn 26$109K
PeoplePt VI, VII
3
listed · VII A
PaidVII A1
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$349K
Fees for servicesLn 2g$560K
Other incomeLn 4–11$64K
Total revenueLn 12$973K
Assets in detailPt X, end of year
CashLn 1$90K
Cash and savings togetherLn 1–2$90K
Total assetsLn 16$90K
LiabilitiesLn 26$109K
Net assetsLn 32−$18K
OperationsPt I, VI
EmployeesI 53
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$42K$90K
Total assetsLn 16$124K$90K
LiabilitiesLn 26$69K$109K
Net assetsLn 32$56K−$18K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$24K$24K
Other salaries and wagesLn 7$62K$62K
Pension plan contributionsLn 8$3K$3K
Other employee benefitsLn 9$45K$45K
Payroll taxesLn 10$8K$8K
Other fees for servicesLn 11g$851K$851K
Office expensesLn 13$26K$26K
OccupancyLn 16$21K$21K
TravelLn 17$3K$1K$2K
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$2K$2K
Total functional expensesLn 25$1.0M$853K$194K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS May 13, 2025 $986K$1.4M−$403K$411K 990 PDF
FY2023Filed with the IRS May 21, 2024 $1.1M$1.1M−$16K$813K 990 PDF
FY2022Filed with the IRS May 23, 2023 $2.3M$1.5M$800K$829K 990 PDF
FY2021Filed with the IRS May 25, 2022 $972K$925K$47K$29K 990 PDF
FY2020 ViewingFiled with the IRS Sep 28, 2021 $973K$1.0M−$74K−$18K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $972,562 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $295,000$349,000
I-9 Program service revenuePrior year $685,000$560,000
I-10 Investment incomePrior year $2$0
I-11 Other revenue$63,562
I-12 Total revenuePrior year $980,002$972,562
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $330,326$142,088
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $696,133$904,232
I-18 Total expensesPrior year $1,026,459$1,046,320
I-19 Revenue less expensesPrior year −$46,457−$73,758
Part VI · Governance 0 of 3 board members independent, 1 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members0
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $972,562 across 6 lines filed
Lines not itemized here account for $63,562 of total revenue; see the IRS return.
VIII-1b Membership dues$40,000
VIII-1d Related organizations$309,000
VIII-1h Total contributions, gifts and grants$349,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $560,000$560,000
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $560,000$972,562
Part IX · Statement of functional expenses $1,046,320 across 11 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Management $24,000$24,000
IX-7 Other salaries and wagesManagement $62,500$62,500
IX-8 Pension plan contributionsManagement $2,801$2,801
IX-9 Other employee benefitsManagement $45,237$45,237
IX-10 Payroll taxesManagement $7,550$7,550
IX-11g Other fees for servicesPrograms $851,466$851,466
IX-13 Office expensesManagement $25,749$25,749
IX-16 OccupancyManagement $20,651$20,651
IX-17 TravelPrograms $1,285 · Management $1,852$3,137
IX-23 InsuranceManagement $1,065$1,065
IX-24 Other expenses (24a–d)Management $2,164$2,164
IX-25 Total functional expensesPrograms $852,751 · Management $193,569 · Fundraising $0$1,046,320
Part X · Balance sheet $90,360 assets, 8 lines filed
Net asset lines not itemized here account for −$73,758. See the IRS return.
X-1 Cash, non-interest-bearingStart of year $41,936$90,360
X-16 Total assetsStart of year $124,486$90,360
X-17 Accounts payable and accrued expensesStart of year $483$71,647
X-24 Unsecured notes and loans payable$36,922
X-26 Total liabilitiesStart of year $68,937$108,569
X-31 Retained earnings or endowmentStart of year $55,549$55,549
X-32 Total net assets or fund balancesStart of year $55,549−$18,209
X-33 Total liabilities and net assetsStart of year $124,486$90,360
Part XI · Reconciliation of net assets −$18,209 net assets at year end
XI-1 Total revenue$972,562
XI-2 Total expenses$1,046,320
XI-3 Revenue less expenses−$73,758
XI-4 Net assets at start of year$55,549
XI-10 Net assets at end of year−$18,209

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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