Is it real?
Yes. Exemption reinstated (2018-05-15). Per the IRS revocation list. Latest filing on record: FY2024. IRS ruling in Mar 2019.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
77 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
18 people listed on the 990; $24K paid to officers and key staff.
Sima Parekh’s $102K as Excutive Director is at the 70th percentile of top reported officer pay among 313 $100K–1M science & technology 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 · 1 named individual · Part VII
| Name | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|
| Sima Parekh | $101,921 | $60,000 | $57,490 | $24,000 |
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 15aNo
Programs and updates
Empowers volunteers to build websites for nonprofits, creating positive change globally.
Questions for 48in48 INC
Your first name shows with your question. 48in48 INC answers here, for everyone.
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Organized event to publish 48 not for profits websites in 48 hours.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $119K | $291K |
| Total assetsLn 16 | $144K | $294K |
| LiabilitiesLn 26 | $7K | $3K |
| Net assetsLn 32 | $137K | $291K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $24K | $21K | $3K | |
| Other salaries and wagesLn 7 | $21K | $2K | $18K | |
| Other employee benefitsLn 9 | $2K | $2K | ||
| Payroll taxesLn 10 | $2K | $2K | ||
| Legal feesLn 11b | $751 | $113 | $638 | |
| Accounting feesLn 11c | $10K | $1K | $8K | |
| Other fees for servicesLn 11g | $61K | $56K | $4K | |
| Advertising and promotionLn 12 | $6K | $6K | ||
| Office expensesLn 13 | $1K | $1K | $20 | |
| Information technologyLn 14 | $22K | $22K | ||
| OccupancyLn 16 | $2K | $2K | ||
| TravelLn 17 | $18 | $18 | ||
| InsuranceLn 23 | $800 | $800 | ||
| Other expenses (24a–d)Ln 24 | $18K | $18K | $523 | |
| Total functional expensesLn 25 | $168K | $130K | $38K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $310K | $296K | $15K | $146K | 990 PDF |
| FY2023 | $322K | $326K | −$4K | $131K | 990 PDF |
| FY2022 | $248K | $305K | −$57K | $135K | 990 PDF |
| FY2021 | $216K | $314K | −$98K | $193K | 990 PDF |
| FY2020 Viewing | $323K | $168K | $155K | $291K | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $322,804 revenue, 12 lines filed
Part VI · Governance 17 of 17 board members independent, 4 to look at
Part VIII · Statement of revenue $322,804 across 4 lines filed
Part IX · Statement of functional expenses $168,189 across 14 lines filed
Part X · Balance sheet $294,089 assets, 9 lines filed
Part XI · Reconciliation of net assets $291,303 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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