US Ignite INC FY2021 filing
Promotes U.S. leadership in ultra-fast broadband network applications and services. For fiscal year 2021 it reported $15.3M in revenue, $14.4M in expenses, and $3.1M in net assets.Pt I
- Founded
- 2011
- Type
- Public charity (501(c)(3)) · Education
- Location
- Washington, DC
- Website
- www.us-ignite.org
- Filings
- 5 on file (2020–2021)
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Summary of the Filing
Where the work happens
Platforms for Advanced Wireless Research (pawr)
Pawr is revolutionizing the nation's wireless ecosystem while sustaining us leadership and economic competitiveness. Funded by national science foundation and a 30+ industry consortium of the nation's leading wireless companies and associations, pawr project office (ppo) manages the $100 million public-private partnership.
Smart Gigabit Communities
This program is a network of 40+ communities developing their own innovative ecosystems focused on improving quality of life and boosting local economic development. A major 2021 accomplishment includes the administration of project overcome to support the design, deployment, and testing of several advanced wireless connectivity…
Smart Bases
The fort carson smart transportation testbed was completed in 2021 after successfully deploying an automated shuttle and an unmanned aerial vehicle. A follow-on smart base program at fort carson called the artificial intelligence for traffic and weather was awarded to us ignite.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Nicholas Maynard’s $307K as CEO and President is at the 66th percentile of top reported officer pay among 3682 $10–100M education 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 · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Nicholas Maynard | $306,530 | $300,000 | $241,270 | $217,167 | $202,680 |
| Joseph Kochan | — | — | — | $97,853 | $210,808 |
| Hani Almasoud | $191,818 | $191,318 | — | — | — |
| William Wallace | $59,000 | $96,000 | $89,671 | $122,095 | $189,520 |
| Eric Werner | $185,181 | $181,060 | — | $161,700 | $150,633 |
| Everard Davenport | $156,500 | $150,000 | $123,287 | $130,500 | $117,414 |
| Mari Silbey | $156,500 | $150,000 | $120,974 | $130,500 | $110,570 |
| Praveen Ashok Kumar | $155,000 | $150,000 | $137,785 | $130,500 | $104,405 |
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.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 93% | — | — |
| Overhead ratio | 7% | — | — |
| Fundraising cost ratio | 0.04% | — | — |
| Revenue growth | 10% | — | — |
| Legal fee ratio | 0.09% | — | — |
| Accounting fee ratio | 1% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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