Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2019.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
15 people listed on the 990; $586K paid to officers and key staff.
Kristian Toivo’s $368K as Executive Director is at the 92nd percentile of top reported officer pay among 2832 $1–10M 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 · 6 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Attillio Zani | — | — | — | $822,293 | $540,529 |
| Kristian Toivo | $368,000 | $337,500 | $197,405 | — | — |
| Dave Hutton | — | — | $198,549 | $306,383 | $102,333 |
| Vishal Mathus | — | — | $188,075 | $288,928 | — |
| Vishal Mathur | $218,000 | $200,000 | — | — | $126,820 |
| Eugina Jordan | — | $200,000 | — | — | — |
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
Develops and deploys new telecom technologies and business models through industry collaboration.
Questions for Telecom Infra Project INC
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Fyuz is the industry's only open and disaggregated event, where the future of connectivity comes to take root, grow and flourish. Fyuz 2024 welcomed over 1200 attendees from 47 countries representing mobile operators and other service providers, vendors, systems integrators, regulators, investors, consultants, analysts, business and…
The tip member community is a unique collaboration of organizations including operators, suppliers, developers, integrators, and startups from around the world. Tip members have an unprecedented opportunity to contribute to cutting-edge solutions, network with fellow industry experts, and help shape the future of the telecom industry.
Tip takes early proofs of concept, products, and solutions into tip labs and testing environments to drive their validation and enable their commercial deployment. Through tip community labs, participants collaborate to produce and validate project group solutions, lab test plans, and exit reports.
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $12.1M | $4.9M |
| Total assetsLn 16 | $13.0M | $5.5M |
| LiabilitiesLn 26 | $1.4M | $1.2M |
| Net assetsLn 32 | $11.5M | $4.3M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $476K | |||
| Other salaries and wagesLn 7 | $2.1M | |||
| Legal feesLn 11b | $238K | |||
| Accounting feesLn 11c | $3K | |||
| Other fees for servicesLn 11g | $6.9M | |||
| Advertising and promotionLn 12 | $1.5M | |||
| Office expensesLn 13 | $152K | |||
| Information technologyLn 14 | $289K | |||
| TravelLn 17 | $243K | |||
| InsuranceLn 23 | $12K | |||
| Other expenses (24a–d)Ln 24 | $818K | |||
| Total functional expensesLn 25 | $12.7M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $5.5M | $12.7M | −$7.3M | $4.3M | 990 PDF |
| FY2023 | $6.0M | $16.1M | −$10.1M | $11.5M | 990 PDF |
| FY2022 | $23.0M | $17.3M | $5.7M | $21.6M | 990 PDF |
| FY2021 | $19.9M | $18.4M | $1.5M | $15.9M | 990 PDF |
| FY2020 | $23.5M | $14.0M | $9.5M | $14.4M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $5,477,925 revenue, 12 lines filed
Part VI · Governance 8 of 8 board members independent, 4 to look at
Part VIII · Statement of revenue $5,477,925 across 6 lines filed
Part IX · Statement of functional expenses $12,732,962 across 11 lines filed
Part X · Balance sheet $5,481,034 assets, 14 lines filed
Part XI · Reconciliation of net assets $4,285,727 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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