Project Haystack EIN 47-1160839

Project Haystack FY2021 filing

EIN  47-1160839 Business league / trade association Glen Allen, VA Founded 2014
Form 990 (PDF)
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Size
$100K–1M
What they do
Promotes semantic data modeling for smart device technology and education.
Leadership
John Petze · Executive Director
Money in and out
$86K revenue, $74K expenses
Bottom line
+14% operating surplus

Promotes semantic data modeling for smart device technology and education. For fiscal year 2021 it reported $86K in revenue, $74K in expenses, and $169K in net assets.Pt I

Membership & operating revenue · FY2021
Total revenue
$86K
Pt VIII · Ln 12
Total expenses
$74K
Pt IX · Ln 25
Net assets
$169K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $13K
Where spending went · Part IX cols B–D
Program services $1.00
Operating surplus
+14%
revenue over expenses
Earned revenue
41%
of revenue from program services & dues

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$86K
FY2021▲ +57%
Expenses
$74K
FY2021▲ +125%
Total assets
$169K
FY2021▲ +8%
Total liabilities
$0
FY2021
Total revenue
$86K
Pt VIII · Ln 12
Total expenses
$74K
Pt IX · Ln 25
Net assets
$169K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$13K
Total assetsPt X · Ln 16$169K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

1 program service account for $74K of program spending, described in the organization's own filed words · FY2021.
01

Project-Haystack is formed and is to be operated for the common association and interests of software and technology companies focused on developing semantic modeling solutions for data related to smart devices including: building equipment systems, automation and control devices, sensors and sensing devices, promotion and education with…

$74Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CProject Haystack
EINHdr · item D47-1160839
Principal addressHdr · item CGlen Allen, VA
WebsiteHdr · item Jproject-haystack.org
Year of formationHdr · item L2014
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFScience & Technology (U41)
Ruling yearIRS BMFJan 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$51K · 59%
Program service revenue$35K · 41%
Contributions & grants59%$51K
Program service revenue41%$35K
Total revenueLn 12$86K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$74K
Total functional expensesLn 25$74K

Balance Sheet

Part X · end of year
CashLn 1$169K
Total assetsLn 16$169K
Total liabilitiesLn 26$0
Total net assetsLn 32$169K
Months of cash on handcomputed27.4

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $169K · Operating expenses/yr $74K
27.4 months
Where the money goes
Program services
Program services — · Total expenses $74K
Management & General
Management & general — · Total expenses $74K
Fundraising
Fundraising — · Total expenses $74K
Cost to raise $1
Fundraising expense — · Solicited contributions —
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $51K · Total revenue $86K
59%
Government reliance
Government grants — · Total revenue $86K
Earned-income share
Program service revenue $35K · Total revenue $86K
41%
Investment reliance
Investment income $0 · Total revenue $86K
0%
Program self-sufficiency
Program service revenue $35K · Total expenses $74K
48%
Growth & trend
Revenue growth (YoY)
This year $86K · Prior year $55K
+57%
Net-asset trend (YoY)
End of year $169K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $86K · Expenses $74K
+14%
Liabilities-to-Assets
Total liabilities — · Total assets $169K
Net-asset ratio
Net assets $169K · Total assets $169K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $169K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual John Petze · Reported title Executive Director · Highest reported compensation $0 · Total expenses $74K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $74K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Fundraising cost ratio 0%
Revenue growth 57%
Legal fee ratio 1%
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.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$460K revenue · ⤓ 990 PDF
FY2024$685K revenue · ⤓ 990 PDF
FY2023$778K revenue · ⤓ 990 PDF
FY2022$352K revenue · ⤓ 990 PDF
FY2021$86K revenue · viewing · ⤓ 990 PDF
FY2020$55K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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