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
9 people listed on the 990; $770K 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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Telecom infra project ("tip") is an industry organization designed for engineering mindshare to reimagine and define the traditional approach to building and deploying telecom infrastructure. Tip was created with the focus of connecting the unconnected and under-connected by disaggregating the traditional deployment models.
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $2.1M | $14.0M |
| Land, buildings, equipmentLn 10c | $89K | $0 |
| Total assetsLn 16 | $5.6M | $15.1M |
| LiabilitiesLn 26 | $701K | $688K |
| Net assetsLn 32 | $4.9M | $14.4M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $196K | |||
| Legal feesLn 11b | $456K | |||
| Accounting feesLn 11c | $3K | |||
| Other fees for servicesLn 11g | $12.4M | |||
| Office expensesLn 13 | $40K | |||
| Information technologyLn 14 | $655K | |||
| Conferences, conventions and meetingsLn 19 | $194K | |||
| Depreciation, depletion and amortizationLn 22 | $89K | |||
| Other expenses (24a–d)Ln 24 | $13 | |||
| Total functional expensesLn 25 | $14.0M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $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 Viewing | $23.5M | $14.0M | $9.5M | $14.4M | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $23,496,586 revenue, 12 lines filed
Part VI · Governance 6 of 6 board members independent, 4 to look at
Part VIII · Statement of revenue $23,496,586 across 4 lines filed
Part IX · Statement of functional expenses $14,021,358 across 9 lines filed
Part X · Balance sheet $15,065,771 assets, 14 lines filed
Part XI · Reconciliation of net assets $14,377,528 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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