Net Foundation EIN 47-2119192 Form 990 (PDF) Claim this org

Net Foundation FY2023 filing

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Supports the .NET programming community and its members. For fiscal year 2023 it reported $281K in revenue, $331K in expenses, and $189K in net assets.Pt I

Type
Business league / trade association · Community Development
Location
Redmond, WA
Website
dotnetfoundation.org
Filings
5 on file (2020–2023)
Revenue
$281KFY2023
Expenses
$331K
Net assets
$189K
People
7
Filings
5
Updates
0
More identity details & actions ⌄
EIN  47-2119192 Business league / trade association Redmond, WA
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Size
<$100K
What they do
Supports the .NET programming community and its members.
Leadership
Javier Lozano · President
Money in and out
$281K revenue, $331K expenses
Bottom line
-18% operating surplus
Membership & operating revenue · FY2023
Total revenue
$281K
Pt VIII · Ln 12
Total expenses
$331K
Pt IX · Ln 25
Net assets
$189K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$50K
Operating surplus
-18%
revenue over expenses
Earned revenue
0%
of revenue from program services & dues

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$281K
FY2023▼ -35%
Expenses
$331K
FY2023▲ +5%
Total assets
$212K
FY2023▼ -40%
Total liabilities
$22K
FY2023▼ -81%
Total revenue
$281K
Pt VIII · Ln 12
Total expenses
$331K
Pt IX · Ln 25
Net assets
$189K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$50K
Total assetsPt X · Ln 16$212K
Program-expense ratioPt IX · col B
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNet Foundation
EINHdr · item D47-2119192
Principal addressHdr · item CRedmond, WA
WebsiteHdr · item Jdotnetfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFCommunity Development (S40)
Ruling yearIRS BMFFeb 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
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 · most recent filed roster (FY2022); the FY2023 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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Mission & Programs · Part III

Where the work happens

3 program services, described in the organization's own filed words · FY2022.
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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Statement of Revenue

Part VIII
Contributions & grants100%$281K
Total revenueLn 12$281K

Balance Sheet

Part X · end of year
CashLn 1$105K
Total assetsLn 16$212K
Total liabilitiesLn 26$22K
Total net assetsLn 32$189K
Months of cash on handcomputed3.8

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $105K · Operating expenses/yr $331K
3.8 months
Where the money goes
Program services
Program services — · Total expenses $331K
Management & General
Management & general — · Total expenses $331K
Fundraising
Fundraising — · Total expenses $331K
Cost to raise $1
Fundraising expense — · Solicited contributions —
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $281K · Total revenue $281K
100%
Government reliance
Government grants — · Total revenue $281K
Earned-income share
Program service revenue $0 · Total revenue $281K
0%
Investment reliance
Investment income $0 · Total revenue $281K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $331K
0%
Growth & trend
Revenue growth (YoY)
This year $281K · Prior year $435K
-35%
Net-asset trend (YoY)
End of year $189K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $281K · Expenses $331K
-18%
Liabilities-to-Assets
Total liabilities — · Total assets $212K
Net-asset ratio
Net assets $189K · Total assets $212K
89%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $212K
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 $331K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $331K
Peer comparison

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

MetricThis orgPeer medianPercentile
Fundraising cost ratio 0%
Revenue growth -35%
Legal fee ratio 2%
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.

Grants

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

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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
FY2024 (Latest)$60K revenue · ⤓ 990 PDF
FY2023$281K revenue · viewing · ⤓ 990 PDF
FY2022$435K revenue · ⤓ 990 PDF
FY2021$173K revenue · ⤓ 990 PDF
FY2020$287K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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