Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2020.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
73 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
7 people listed on the 990; $93K paid to officers and key staff.
Compensation history total reportable pay by year · 6 named individuals · Part VII
| Name | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|
| Briana Marbury | $343,319 | $325,000 | $205,000 | $93,301 |
| Alex Lakatos | $268,436 | $169,694 | — | — |
| Chris Lawrence | $178,500 | $167,500 | $150,000 | — |
| Erika Drushka | $100,725 | $173,021 | $150,000 | — |
| Ginny Barahona | $163,405 | — | — | — |
| Mark Birmingham | $145,155 | — | — | — |
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 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Promotes open payment standards and technologies to connect the global society.
Questions for Interledger Foundation
Your first name shows with your question. Interledger Foundation answers here, for everyone.
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Interledger works to empower organizations to adopt and use token-powered distributed services in their day-to-day business operations to connect everyone and provide the opportunity to engage in contactless payment currency.
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 | $250K | $779K |
| Total assetsLn 16 | $250K | $779K |
| LiabilitiesLn 26 | $6K | $60K |
| Net assetsLn 32 | $244K | $719K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $95K | $76K | $14K | $5K |
| Other salaries and wagesLn 7 | $154K | $124K | $23K | $8K |
| Other employee benefitsLn 9 | $6K | $5K | $940 | $313 |
| Payroll taxesLn 10 | $13K | $11K | $2K | $667 |
| Legal feesLn 11b | $162K | $129K | $24K | $8K |
| Accounting feesLn 11c | $43K | $43K | ||
| Other fees for servicesLn 11g | $34K | $24K | $8K | $2K |
| Advertising and promotionLn 12 | $2K | $2K | $338 | $112 |
| Office expensesLn 13 | $9K | $7K | $2K | $445 |
| Information technologyLn 14 | $6K | $5K | $909 | $303 |
| All other expensesLn 24e | $844 | $147 | $688 | $9 |
| Total functional expensesLn 25 | $526K | $383K | $119K | $24K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $5.4M | $11.5M | −$6.1M | $96.4M | 990 PDF |
| FY2023 | −$93K | $8.7M | −$8.8M | $81.2M | 990 PDF |
| FY2022 | $257K | $4.6M | −$4.4M | $75.2M | 990 PDF |
| FY2021 | $111.8M | $6.0M | $105.8M | $100.4M | 990 PDF |
| FY2020 Viewing | $8.7M | $526K | $8.1M | $8.4M | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $1,000,520 revenue, 12 lines filed
Part VI · Governance 6 of 6 board members independent, 2 to look at
Part VIII · Statement of revenue $1,000,520 across 4 lines filed
Part IX · Statement of functional expenses $525,931 across 11 lines filed
Part X · Balance sheet $779,223 assets, 7 lines filed
Part XI · Reconciliation of net assets $718,754 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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