Net Foundation FY2022 filing

Redmond, WA · Business league / trade association · Community Development

! Not tax-deductible
Revenue
$435K
+152% vs prior year
Spent
$316K
Net assets
$240K
By yearFY2020–FY2024
Revenue
$435K
FY2022▲ +152%
Revenue by fiscal year
FY2020$287K
FY2021$173K
FY2022$435K
FY2023$281K
FY2024$60K
Expenses
$316K
FY2022▲ +104%
Expenses by fiscal year
FY2020$155K
FY2021Not on file
FY2022$316K
FY2023$331K
FY2024Not on file
Net assets
$240K
FY2022▲ +40%
Net assets by fiscal year
FY2020$216K
FY2021$171K
FY2022$240K
FY2023$189K
FY2024$41K

From the FY2022 Form 990 (year ending June 2022) · see the original

You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
No
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Last filed FY2024 — 3 yrs ago
Legal name (IRS)Hdr · item CNet Foundation
EINHdr · item D47-2119192
Exempt statusHdr · item I501(c)(6) · active
Ruling yearIRS BMFFeb 2015
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CRedmond, WA
NTEE classificationIRS BMFCommunity Development (S40)
WebsiteHdr · item Jdotnetfoundation.org

Financial health

Is it on solid ground?

Operating surplus
+27%
revenue over expenses
Earned revenue
0%
of revenue from program services & dues

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Total assets
$355K
FY2022▲ +55%
Total assets by fiscal year
FY2020$230K
FY2021Not on file
FY2022$355K
FY2023$212K
FY2024Not on file
Total liabilities
$115K
FY2022▲ +711%
Total liabilities by fiscal year
FY2020$14K
FY2021Not on file
FY2022$115K
FY2023$22K
FY2024Not on file
Revenue less expensesPt I · Ln 19$119K
Total assetsPt X · Ln 16$355K
Program-expense ratioPt IX · col B—
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

Balance Sheet

Part X · end of year
CashLn 1$183K
Total assetsLn 16$355K
Total liabilitiesLn 26$115K
Total net assetsLn 32$240K
Months of cash on handcomputed7.0

Statement of Revenue

Part VIII
Contributions & grants100%$435K
Total revenueLn 12$435K

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $183K · Operating expenses/yr $316K
7.0 months
Where the money goes
Program services
Program services — · Total expenses $316K
—
Management & General
Management & general — · Total expenses $316K
—
Fundraising
Fundraising — · Total expenses $316K
—
Cost to raise $1
Fundraising expense $0 · Solicited contributions $287K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $435K · Total revenue $435K
100%
Government reliance
Government grants — · Total revenue $435K
—
Earned-income share
Program service revenue $0 · Total revenue $435K
0%
Investment reliance
Investment income $0 · Total revenue $435K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $316K
0%
Growth & trend
Revenue growth (YoY)
This year $435K · Prior year $173K
+152%
Net-asset trend (YoY)
End of year $240K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $435K · Expenses $316K
+27%
Liabilities-to-Assets
Total liabilities — · Total assets $355K
—
Net-asset ratio
Net assets $240K · Total assets $355K
68%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $355K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Javier Lozano · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $316K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $316K
—
Peer comparison

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

MetricThis orgPeer medianPercentile
Fundraising cost ratio 0%——
Revenue growth 152%——
Legal fee ratio 7%——
Accounting fee ratio 0.5%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Net Foundation executive salaries →

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Governance & Policies

Part VI
  • 7Voting board membersPt VI · Ln 1a
  • 7Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Supports the .NET programming community and its members.

Provided by the organization

This section is blank until Net Foundation claims this page.

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Mission & Programs · Part III

Where the work happens

3 program services, described in the organization's own filed words · FY2021.
01

Operations and Management Support

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…

Pt IX · col B
02

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.

Pt IX · col B
03

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.

Pt IX · col B

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2021
Total grants receivedfrom 1 funder$1K

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Latest $60K—-79% 990 PDF
FY2023 $281K$331K-35% 990 PDF
FY2022 Viewing $435K$316K+152% 990 PDF
FY2021 $173K—-40% 990 PDF
FY2020 $287K$155K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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