Iab Technology Laboratory INC FY2023 filing

Not tax-deductible

New York, NY501(c)(6)Since 2015Community DevelopmentEIN 47-3384874Revenue $10.2M in FY2023

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.

$2.6M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

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FY2023 · 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
$2.6M
to officers and key staff · 32% of spending
Concern: pay to officers and key staff is 32% of spending; over 30%.
Pt VII · Sec A
Cash reserves
12 mo
of spending, in cash
Looks good: 12.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$6.5M
53% of total assets
Fine: liabilities are 53% of assets; 50% to 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
$10.2M
-0.05% vs prior year
Spent
$8.3M
Net assets
$5.7M
By yearFY2020–FY2024
Revenue
$10.2M
FY2023-0.05%
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
$8.3M
FY2023▲ +2%
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
$5.7M
FY2023▲ +49%
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 FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 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

42 people listed on the 990; $2.6M paid to officers and key staff.

Part VII, Section A · reportable compensation
CEO & President
$677,518Pt VII · Sec A
COO & EVP, Product
$430,264Pt VII · Sec A
VP, Product
$271,906Pt VII · Sec A
VP, Member Solutions, Services
$257,528Pt VII · Sec A
SR. Director, Privacy & Address
$237,304Pt VII · Sec A
EVP General Counsel
$222,147Pt VII · Sec A
SR. Director, Engineering
$200,239Pt VII · Sec A
Secretary & Director of Member Srvs & Events
$176,675Pt 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 · FY2023
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 FY2023 990, line by line.

1The main four
Money inPt VIII
$10.2M
Ln 12
Fees for servicesLn 2g$10.1M
Gifts and grantsLn 1h$50K
Money outPt IX
$8.3M
Ln 25
Owns and owesPt X
$5.7M
net assets · Ln 32
Cash and savingsLn 1–2$8.4M
Total assetsLn 16$12.2M
LiabilitiesLn 26$6.5M
PeoplePt VI, VII
42
listed · VII A
PaidVII A9
Voting boardVI 1a36
IndependentVI 1b33
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$50K
Fees for servicesLn 2g$10.1M
Total revenueLn 12$10.2M
Assets in detailPt X, end of year
CashLn 1$8.4M
Cash and savings togetherLn 1–2$8.4M
Other assetsLn 15$170K
Total assetsLn 16$12.2M
LiabilitiesLn 26$6.5M
Net assetsLn 32$5.7M
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 FY23End FY23
Cash and savingsLn 1–2$5.1M$8.4M
Total assetsLn 16$9.3M$12.2M
LiabilitiesLn 26$5.4M$6.5M
Net assetsLn 32$3.8M$5.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$1.3M
Other salaries and wagesLn 7$3.2M
Pension plan contributionsLn 8$111K
Other employee benefitsLn 9$308K
Payroll taxesLn 10$240K
Legal feesLn 11b$137K
Accounting feesLn 11c$18K
Other fees for servicesLn 11g$1.3M
Advertising and promotionLn 12$107K
Office expensesLn 13$257K
Information technologyLn 14$270K
OccupancyLn 16$230K
TravelLn 17$294K
Other expenses (24a–d)Ln 24$532K
Total functional expensesLn 25$8.3M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $10.2M$9.9M$344K$6.0M 990 PDF
FY2023 Viewing $10.2M$8.3M$1.9M$5.7M 990 PDF
FY2022 $10.2M$8.2M$2.0M$3.8M 990 PDF
FY2021 $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 I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $10,164,107 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $870,000$50,000
I-9 Program service revenuePrior year $9,298,896$10,114,107
I-10 Investment incomePrior year $236$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $10,169,132$10,164,107
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 $4,881,173$5,155,384
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $3,276,992$3,139,505
I-18 Total expensesPrior year $8,158,165$8,294,889
I-19 Revenue less expensesPrior year $2,010,967$1,869,218
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 $10,164,107 across 4 lines filed
VIII-1f All other contributions, gifts and grants$50,000
VIII-1h Total contributions, gifts and grants$50,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $10,114,107$10,114,107
VIII-12 Total revenueRelated to mission $10,114,107 · Unrelated business $0 · Excluded from tax $0$10,164,107
Part IX · Statement of functional expenses $8,294,889 across 14 lines filed
IX-5 Pay of current officers, directors and key staff$1,298,714
IX-7 Other salaries and wages$3,197,450
IX-8 Pension plan contributions$110,569
IX-9 Other employee benefits$308,420
IX-10 Payroll taxes$240,231
IX-11b Legal fees$137,063
IX-11c Accounting fees$17,875
IX-11g Other fees for services$1,294,524
IX-12 Advertising and promotion$107,153
IX-13 Office expenses$256,586
IX-14 Information technology$269,979
IX-16 Occupancy$230,301
IX-17 Travel$293,710
IX-24 Other expenses (24a–d)$532,314
IX-25 Total functional expenses$8,294,889
Part X · Balance sheet $12,212,340 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $5,067,136$8,359,943
X-4 Accounts receivableStart of year $4,048,390$3,681,912
X-15 Other assetsStart of year $161,017$170,485
X-16 Total assetsStart of year $9,276,543$12,212,340
X-17 Accounts payable and accrued expensesStart of year $869,425$1,165,683
X-19 Deferred revenueStart of year $4,464,891$4,699,850
X-25 Other liabilitiesStart of year $112,088$647,450
X-26 Total liabilitiesStart of year $5,446,404$6,512,983
X-27 Net assets without donor restrictionsStart of year $3,830,139$5,699,357
X-32 Total net assets or fund balancesStart of year $3,830,139$5,699,357
X-33 Total liabilities and net assetsStart of year $9,276,543$12,212,340
Part XI · Reconciliation of net assets $5,699,357 net assets at year end
XI-1 Total revenue$10,164,107
XI-2 Total expenses$8,294,889
XI-3 Revenue less expenses$1,869,218
XI-4 Net assets at start of year$3,830,139
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$5,699,357

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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