Iab Technology Laboratory INC FY2021 filing

Not tax-deductible

New York, NY501(c)(6)Since 2015Community Development EIN 47-3384874Revenue $8.8M in FY2021

On file with the IRSiabtechlab.com116 East 27th Street 7th FL, 10016-8942 · New York, NYTax-exempt since Aug 2015

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To produce and help companies implement global industry technical standards and solutions for digital advertising and to simplify and reduce costs.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
$2.5M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

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FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $1.3M a year · 14% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$2.5M
to officers and key staff · 33% of spending
Concern: pay to officers and key staff is 33% of spending; over 30%.
Pt VII · Sec A
6 mo
of spending, in cash
Looks good: 6.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$5.1M
74% of total assets
Worth a look: liabilities are 74% of assets; over 65%.
Pt X · Ln 26
Independent board members
33
of 36 voting members
Looks good: 33 of 36 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$8.8M
+3% vs prior year
Spent
$7.4M
Net assets
$1.8M
By yearFY2020–FY2024
Revenue
$8.8M
FY2021▲ +3%
Tap a bar for its year
Revenue by fiscal year
FY2020$8.5M
FY2021$8.8M
FY2022$10.2M
FY2023$10.2M
FY2024$10.2M
Expenses
$7.4M
FY2021▲ +0.9%
Tap a bar for its year
Expenses by fiscal year
FY2020$7.4M
FY2021$7.4M
FY2022$8.2M
FY2023$8.3M
FY2024$9.9M
Net assets
$1.8M
FY2021▲ +265%
Tap a bar for its year
Net assets by fiscal year
FY2020$498K
FY2021$1.8M
FY2022$3.8M
FY2023$5.7M
FY2024$6.0M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 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 Aug 2015.

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

Who runs it and what they're paid

48 people listed on the 990; $2.5M paid to officers and key staff.

Part VII, Section A · reportable compensation
Former CEO
$440,373Pt VII · Sec A
SVP, Global Programs
$325,012Pt VII · Sec A
SR. Director, Global Bus Dev
$244,056Pt VII · Sec A
SR. Director, Prod Video Audio
$235,733Pt VII · Sec A
Dir., Compliance Programs
$216,376Pt VII · Sec A
Dir., Product/ Data
$205,663Pt VII · Sec A
VP, Privacy & Data Protection
$191,349Pt VII · Sec A
$160,627Pt VII · Sec A

Anthony Katsur’s $696K as CEO, Tech Lab, President of Board is at the 89th percentile of top reported officer pay among 572 $10–100M community development 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

NameFY2024FY2023FY2022FY2021FY2020
Anthony Katsur$696,250$677,518$500,261$160,627—
Dennis Buchheim———$440,373$599,049
Shailley Singh—$430,264———
Jordan Mitchell———$156,190$425,267
Singh Shailley——$415,307——
Fnu Shailley———$325,012—
Fnu Shailey————$314,321
Jill P Wittkopp$277,158—$229,836——

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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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 15aYes

Programs and updates

Develops and helps companies use digital advertising standards to simplify processes and cut costs.

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1 program · in their own filed words · FY2021
01

The iab technology laboratory ("tech lab") is a non-profit research and development consortium that produces and provides standards, software, and services to drive growth of an effective and sustainable global digital media ecosystem.

Pt IX · col B

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$8.8M
Ln 12
Fees for servicesLn 2g$8.7M
Gifts and grantsLn 1h$68K
Investment incomeLn 3$284
Money outPt IX
$7.4M
Ln 25
Owns and owesPt X
$1.8M
net assets · Ln 32
Cash and savingsLn 1–2$3.7M
Total assetsLn 16$6.9M
LiabilitiesLn 26$5.1M
PeoplePt VI, VII
48
listed · VII A
PaidVII A11
Voting boardVI 1a36
IndependentVI 1b33
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$68K
Fees for servicesLn 2g$8.7M
Investment incomeLn 3$284
Total revenueLn 12$8.8M
Assets in detailPt X, end of year
CashLn 1$2.3M
SavingsLn 2$1.4M
Cash and savings togetherLn 1–2$3.7M
Other assetsLn 15$201K
Total assetsLn 16$6.9M
LiabilitiesLn 26$5.1M
Net assetsLn 32$1.8M
OperationsPt I, VI
EmployeesI 53
VolunteersI 633
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 FY21End FY21
Cash and savingsLn 1–2$2.7M$3.7M
Total assetsLn 16$4.8M$6.9M
LiabilitiesLn 26$4.3M$5.1M
Net assetsLn 32$498K$1.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$799K
Other salaries and wagesLn 7$3.3M
Pension plan contributionsLn 8$134K
Other employee benefitsLn 9$195K
Payroll taxesLn 10$219K
Legal feesLn 11b$224K
Accounting feesLn 11c$17K
Other fees for servicesLn 11g$1.5M
Advertising and promotionLn 12$52K
Office expensesLn 13$301K
Information technologyLn 14$417K
OccupancyLn 16$218K
TravelLn 17$30K
Other expenses (24a–d)Ln 24$63K
Total functional expensesLn 25$7.4M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $10.2M$9.9M$344K$6.0M 990 PDF
FY2023 $10.2M$8.3M$1.9M$5.7M 990 PDF
FY2022 $10.2M$8.2M$2.0M$3.8M 990 PDF
FY2021 Viewing $8.8M$7.4M$1.3M$1.8M 990 PDF
FY2020 $8.5M$7.4M$1.1M$498K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $8,765,752 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,121,500$68,250
I-9 Program service revenuePrior year $6,377,625$8,697,218
I-10 Investment incomePrior year $515$284
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $8,499,640$8,765,752
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $5,410,700$4,608,182
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,967,580$2,836,488
I-18 Total expensesPrior year $7,378,280$7,444,670
I-19 Revenue less expensesPrior year $1,121,360$1,321,082
Part VI · Governance 33 of 36 board members independent, no flags
VI-1a Voting members of the governing body36
VI-1b Independent voting members33
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
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $8,765,752 across 5 lines filed
VIII-1f All other contributions, gifts and grants$68,250
VIII-1h Total contributions, gifts and grants$68,250
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $8,697,218$8,697,218
VIII-3 Investment incomeExcluded from tax $284$284
VIII-12 Total revenueRelated to mission $8,697,218 · Unrelated business $0 · Excluded from tax $284$8,765,752
Part IX · Statement of functional expenses $7,444,670 across 14 lines filed
IX-5 Pay of current officers, directors and key staff$798,884
IX-7 Other salaries and wages$3,260,469
IX-8 Pension plan contributions$134,391
IX-9 Other employee benefits$195,220
IX-10 Payroll taxes$219,218
IX-11b Legal fees$224,039
IX-11c Accounting fees$16,865
IX-11g Other fees for services$1,514,084
IX-12 Advertising and promotion$52,500
IX-13 Office expenses$300,598
IX-14 Information technology$417,464
IX-16 Occupancy$218,393
IX-17 Travel$29,595
IX-24 Other expenses (24a–d)$62,950
IX-25 Total functional expenses$7,444,670
Part X · Balance sheet $6,942,203 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $1,248,452$2,279,153
X-2 Savings and temporary cash investmentsStart of year $1,441,188$1,440,472
X-4 Accounts receivableStart of year $1,874,750$3,021,808
X-15 Other assetsStart of year $242,709$200,770
X-16 Total assetsStart of year $4,807,099$6,942,203
X-17 Accounts payable and accrued expensesStart of year $1,040,063$1,072,467
X-19 Deferred revenueStart of year $2,238,375$3,576,716
X-25 Other liabilitiesStart of year $1,030,571$473,848
X-26 Total liabilitiesStart of year $4,309,009$5,123,031
X-27 Net assets without donor restrictionsStart of year $498,090$1,819,172
X-32 Total net assets or fund balancesStart of year $498,090$1,819,172
X-33 Total liabilities and net assetsStart of year $4,807,099$6,942,203
Part XI · Reconciliation of net assets $1,819,172 net assets at year end
XI-1 Total revenue$8,765,752
XI-2 Total expenses$7,444,670
XI-3 Revenue less expenses$1,321,082
XI-4 Net assets at start of year$498,090
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,819,172

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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