Fiber Optic Sensing Association FY2023 filing

Not tax-deductible

St Louis Park, MN501(c)(6)Community DevelopmentEIN 82-1438693

Education - fosa hosts regular webinars for members and non-members for the purpose of educating the public about fiber optic sensing technology and its numerous uses and benefits. Fosa also publishes industry news on its website. Member engagement - fosa holds a monthly call for all members and separate periodic calls for fosa committees (e.g., technology) to discuss fosa initiatives and encourage member engagement to further fosa's mission. Advocacy - fosa assists members to engage with lawmakers and policymakers to promote policies that are favorable to fiber optic sensing technology and expanding its availability and use in both the public and private sectors. Fosa has sponsored two "hill day" events during which members traveled to washington, d.c. For meetings with their congressional representatives to discuss issues of importance to entities that have deployed or wish to deploy fiber optic sensing technology.

Mission: Form 990 Part I, line 1

Before you give

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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $6K a year · 3% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Liabilities
$79K
60% of total assets
Fine: liabilities are 60% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
20
of 20 voting members
Looks good: 20 of 20 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$209K
-0.6% vs prior year
Spent
$223K
To programs
0%
Net assets
$53K
By yearFY2020–FY2025
Revenue
$209K
FY2023▼ -0.6%
Revenue by fiscal year
FY2020$210K
FY2021$210K
FY2022$210K
FY2023$209K
FY2024$216K
FY2025$212K
Expenses
$223K
FY2023▲ +0.9%
Expenses by fiscal year
FY2020$200K
FY2021$218K
FY2022$221K
FY2023$223K
FY2024$241K
FY2025$203K
Net assets
$53K
FY2023▼ -21%
Net assets by fiscal year
FY2020$84K
FY2021$77K
FY2022$66K
FY2023$53K
FY2024$27K
FY2025$36K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 2018.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

11 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice Chairma
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Fiber Optic Sensing Association executive salaries →

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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

Educates on fiber optic sensing technology, publishes industry news, and advocates for its use.

Provided by the organization

This section is blank until Fiber Optic Sensing Association claims this page.

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3 program services, described in the organization's own filed words · FY2023.
01

Advocacy

Fosa assists members to engage with lawmakers and policymakers to promote policies that are favorable to fiber optic sensing technology and expanding its availability and use in both the public and private sectors. Fosa has sponsored two "hill day" events during which members traveled to washington, D.C.

Pt IX · col B
02

Education

The fiber optic sensing association, also known as fosa, hosts regular webinars for members and non-members for the purpose of educating the public about fiber optic sensing technology and its numerous uses and benefits. Fosa also publishes industry news on its website.

Pt IX · col B
03

Member Engagement

Fosa holds a monthly call for all members and separate periodic calls for fosa committees (E.G., technology) to discuss fosa initiatives and encourage member engagement to further fosa's mission.

Pt IX · col B

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By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$209K
Ln 12
Gifts and grantsLn 1h$209K
Money outPt IX
$223K
Ln 25
Owns and owesPt X
$53K
net assets · Ln 32
Total assetsLn 16$131K
LiabilitiesLn 26$79K
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a20
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$209K
Total revenueLn 12$209K
Assets in detailPt X, end of year
Other assetsLn 15$131K
Total assetsLn 16$131K
LiabilitiesLn 26$79K
Net assetsLn 32$53K
OperationsPt I, VI
EmployeesI 50
VolunteersI 615
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Total assetsLn 16$171K$131K
LiabilitiesLn 26$104K$79K
Net assetsLn 32$66K$53K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$66K
Accounting feesLn 11c$8K
Lobbying feesLn 11d$54K
Other fees for servicesLn 11g$63K
Office expensesLn 13$2K
TravelLn 17$15K
InsuranceLn 23$1K
Other expenses (24a–d)Ln 24$14K
Total functional expensesLn 25$223K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $212K$203K$9K$36K 990 PDF
FY2024 $216K$241K−$25K$27K 990 PDF
FY2023 Viewing $209K$223K−$14K$53K 990 PDF
FY2022 $210K$221K−$11K$66K 990 PDF
FY2021 $210K$218K−$7K$77K 990 PDF
FY2020 $210K$200K$11K$84K 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 (4 parts)
Part VIII · Statement of revenue $209,315 across 3 lines filed
VIII-1b Membership dues$209,315
VIII-1h Total contributions, gifts and grants$209,315
VIII-12 Total revenue$209,315
Part IX · Statement of functional expenses $223,269 across 8 lines filed
IX-11a Management fees$65,928
IX-11c Accounting fees$7,700
IX-11d Lobbying fees$54,000
IX-11g Other fees for services$63,063
IX-13 Office expenses$2,079
IX-17 Travel$14,910
IX-23 Insurance$1,095
IX-24 Other expenses (24a–d)$14,494
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$223,269
Part X · Balance sheet $131,265 assets, 7 lines filed
X-15 Other assetsStart of year $170,969$131,265
X-16 Total assetsStart of year $170,969$131,265
X-19 Deferred revenueStart of year $104,500$78,750
X-26 Total liabilitiesStart of year $104,500$78,750
X-27 Net assets without donor restrictionsStart of year $66,469$52,515
X-32 Total net assets or fund balancesStart of year $66,469$52,515
X-33 Total liabilities and net assetsStart of year $170,969$131,265
Part XI · Reconciliation of net assets $52,515 net assets at year end
XI-1 Total revenue$209,315
XI-2 Total expenses$223,269
XI-3 Revenue less expenses−$13,954
XI-4 Net assets at start of year$66,469
XI-10 Net assets at end of year$52,515

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

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