Wireless Infrastructure Association Foundation EIN 54-1551099 Form 990 (PDF) Claim this org

Wireless Infrastructure Association Foundation

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Promotes education and research to advance the wireless communications industry. For fiscal year 2024 it reported $54K in revenue, $42K in expenses, and $744K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Arlington, VA
Website
wia.org
Filings
5 on file (2020–2024)
Revenue
$54KFY2024
Expenses
$42K
Net assets
$744K
People
6
Filings
5
Updates
0
More identity details & actions ⌄
EIN  54-1551099 Public charity (501(c)(3)) Arlington, VA
Form 990 (PDF)
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Size
<$100K
What they do
Promotes education and research to advance the wireless communications industry.
Leadership
Patrick Halley · President
Money in and out
$54K revenue, $42K expenses
Bottom line
57% program efficiency
Where the money goes · FY2024
Total revenue
$54K
Pt VIII · Ln 12
Total expenses
$42K
Pt IX · Ln 25
Net assets
$744K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $12K
Where spending went · Part IX cols B–D
Program services $0.57 Management & general $0.43
Program efficiency
57%
of spending reaches programs▼ -39% vs prior filing year
Operating runway
245.3mo
months of highly liquid reserves at operating expense rate▲ +18% vs prior filing year
Surplus margin
+23%
revenue over expenses, this year▼ -72% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$54K
FY2024▼ -70%
Expenses
$42K
FY2024▲ +17%
Total assets
$865K
FY2024▲ +14%
Total liabilities
$121K
FY2024▲ +177%
Total revenue
$54K
Pt VIII · Ln 12
Total expenses
$42K
Pt IX · Ln 25
Net assets
$744K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$12K
Total assetsPt X · Ln 16$865K
Program-expense ratioPt IX · col B57%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $24K of program spending, described in the organization's own filed words · FY2024.
01

The wia foundation is a nonprofit charitable and educational organization dedicated to advancing the wireless industry by encouraging and promoting education, research, and training programs.

$24Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWireless Infrastructure Association Foundation
EINHdr · item D54-1551099
Principal addressHdr · item CArlington, VA
WebsiteHdr · item Jwia.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B82Z)
Ruling yearIRS BMFOct 1990

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
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
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary Until 12/6/24
$0Pt VII · Sec A
Director Until 05/16/24
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Wireless Infrastructure Association Foundation executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$168K · 312%
Investment income$14K · 26%
Contributions & grants312%$168K
Investment income26%$14K
Total revenueLn 12$54K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.57 Management & general $0.43
Program services57%$24K
Management & general43%$18K
Total functional expensesLn 25$42K

Balance Sheet

Part X · end of year
CashLn 1$479K
Total assetsLn 16$865K
Total liabilitiesLn 26$121K
Total net assetsLn 32$744K
Months of cash on handcomputed137.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $852K · Operating expenses/yr $42K
245.3 months
Where the money goes
Program services
Program services $24K · Total expenses $42K
57%
Management & General
Management & general $18K · Total expenses $42K
43%
Fundraising
Fundraising $0 · Total expenses $42K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $186K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $168K · Total revenue $54K
312%
Government reliance
Government grants — · Total revenue $54K
Earned-income share
Program service revenue $0 · Total revenue $54K
0%
Investment reliance
Investment income $14K · Total revenue $54K
+26%
Program self-sufficiency
Program service revenue $0 · Total expenses $42K
0%
Growth & trend
Revenue growth (YoY)
This year $54K · Prior year $180K
-70%
Revenue CAGR
FY2020 $71K · FY2024 $54K
-7%
Net-asset trend (YoY)
End of year $744K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $54K · Expenses $42K
+23%
Liabilities-to-Assets
Total liabilities — · Total assets $865K
Net-asset ratio
Net assets $744K · Total assets $865K
86%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $374K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $865K
43%
People & payroll
Highest Reported Total Compensation
Individual Patrick Halley · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $42K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $42K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 57%
Overhead ratio 43%
Fundraising cost ratio 0%
Revenue growth -70%
Investment management fee ratio 0.2%
Accounting fee ratio 11%

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 · received and paid
Grants received · FY2021
Law Rocks INCFY2021$57K
Total grants receivedfrom 1 funder$57K
Grants paid · 4 grants · $465K · 2020–2024
Ignite WorldwideWA · FY2024$18,750
Ignite WorldwideWA · FY2023$6,250

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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)$54K revenue · viewing · ⤓ 990 PDF
FY2023$180K revenue · ⤓ 990 PDF
FY2022$99K revenue · ⤓ 990 PDF
FY2021$165K revenue · ⤓ 990 PDF
FY2020$71K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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