Interledger Foundation: FY2023 Nonprofit Profile & Form 990 (EIN 84-2364885)

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.

See Interledger Foundation executive salaries →

On this list? Claim this org

Something off? Claim to add context

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 15aYes

Programs and updates

Promotes open payment standards and technologies to connect the global society.

Questions for Interledger Foundation

Tap to ask. Interledger Foundation sees how many people are interested.

Your first name shows with your question. Interledger Foundation answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $6.6M · in their own filed words · FY2023

01

Interledger works to broaden the diversity of voices in the tech ecosystem by using the interledger protocol (ilp) to power a currency-agnostic payments network as a driver for digital financial inclusion.

$6.6Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid

Grants received · FY2020

Silicon Valley Community FoundationFY2020$500K

Total grants receivedfrom 1 funder$500K

Grants paid · 53 grants · $5.0M · 2021–2024

Mywalletguru LLCFY2024$423,300

Fynbos Technologies LLCFY2024$320,533

Individual RecipientFY2024$250,000

Thitsaworks Pte LtdFY2024$250,000

Stichting Waag SocietyFY2024$45,000

Individual RecipientFY2024$30,291

Individual RecipientFY2024$30,000

Digital Discretion Company INCFY2024$30,000

Snake Nation Pty LtdFY2024$20,000

Individual RecipientFY2024$12,500

Individual RecipientFY2024$10,000

Mozrt INCFY2023$250,000

Bowie State University FoundationMD · FY2023$150,000

Unitemized GrantFY2023$75,000

Unitemized GrantFY2023$56,000

See all 53 grants →

By the numbers

The FY2023 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

−$93K

Ln 12

Investment incomeLn 3$1.1M

Money outPt IX

$8.7M

Ln 25

Programscol B$6.6M

Managementcol C$2.0M

Fundraisingcol D$156K

Owns and owesPt X

$81.2M

net assets · Ln 32

Cash and savingsLn 1–2$3.2M

Total assetsLn 16$82.7M

LiabilitiesLn 26$1.5M

PeoplePt VI, VII

11

listed · VII A

PaidVII A6

Voting boardVI 1a5

IndependentVI 1b5

2In more detail

Revenue in detailPt VIII

Investment incomeLn 3$1.1M

Gains on assetsLn 7−$1.2M

Total revenueLn 12−$93K

Assets in detailPt X, end of year

SavingsLn 2$3.2M

Cash and savings togetherLn 1–2$3.2M

InvestmentsLn 11–13$79.2M

Land, buildings, equipmentLn 10c$67K

Other assetsLn 15$116K

Total assetsLn 16$82.7M

LiabilitiesLn 26$1.5M

Net assetsLn 32$81.2M

OperationsPt I, VI

EmployeesI 56

VolunteersI 65

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13Yes

Records policyVI 14Yes

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY23	End FY23
Cash and savingsLn 1–2	$2.2M	$3.2M
InvestmentsLn 11–13	$73.2M	$79.2M
Land, buildings, equipmentLn 10c	$16K	$67K
Total assetsLn 16	$75.5M	$82.7M
LiabilitiesLn 26	$288K	$1.5M
Net assetsLn 32	$75.2M	$81.2M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic organizationsLn 1	$400K	$400K
Grants to domestic individualsLn 2	$206K	$206K
Grants and assistance to foreign recipientsLn 3	$1.7M	$1.7M
Pay of current officers, directors and key staffLn 5	$1.0M	$674K	$309K	$47K
Other salaries and wagesLn 7	$1.7M	$1.2M	$427K	$52K
Pension plan contributionsLn 8	$51K	$37K	$12K	$1K
Other employee benefitsLn 9	$192K	$135K	$50K	$7K
Payroll taxesLn 10	$205K	$142K	$55K	$7K
Legal feesLn 11b	$218K		$218K
Accounting feesLn 11c	$229K		$229K
Investment management feesLn 11f	$331K		$331K
Other fees for servicesLn 11g	$1.2M	$1.0M	$141K	$34K
Advertising and promotionLn 12	$41K	$29K	$11K	$1K
Office expensesLn 13	$50K	$31K	$17K	$2K
Information technologyLn 14	$88K	$61K	$24K	$3K
TravelLn 17	$684K	$540K	$145K
Conferences, conventions and meetingsLn 19	$395K	$388K	$7K
Depreciation, depletion and amortizationLn 22	$58K	$40K	$16K	$2K
Other expenses (24a–d)Ln 24	$22K		$22K
Total functional expensesLn 25	$8.7M	$6.6M	$2.0M	$156K

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 Viewing	−$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	$8.7M	$526K	$8.1M	$8.4M	990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign J · Pay O · Explanations

See the full FY2023 990 (6 parts)

Part I · Summary −$92,551 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $250,000$0

I-9 Program service revenuePrior year $0$0

I-10 Investment incomePrior year $3,413−$116,747

I-11 Other revenuePrior year $3,444$24,196

I-12 Total revenuePrior year $256,857−$92,551

I-13 Grants and similar amounts paidPrior year $1,305,561$2,273,401

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $1,468,245$3,156,437

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $1,835,429$3,318,562

I-18 Total expensesPrior year $4,609,235$8,748,400

I-19 Revenue less expensesPrior year −$4,352,378−$8,840,951

Part VI · Governance 5 of 5 board members independent, 1 to look at

VI-1a Voting members of the governing body5

VI-1b Independent voting members5

VI-2 Family or business relationship among officers or directorsYes

VI-12a Written conflict of interest policyYes

VI-13 Written whistleblower policyYes

VI-14 Document retention and destruction policyYes

VI-15a Process for setting top official's payYes

Part VIII · Statement of revenue −$92,551 across 4 lines filed

VIII-3 Investment incomeExcluded from tax $1,118,398$1,118,398

VIII-7 Net gain or loss on sales of assetsExcluded from tax −$1,235,145−$1,235,145

VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $24,196$24,196

VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax −$92,551−$92,551

Part IX · Statement of functional expenses $8,748,400 across 19 lines filed

IX-1 Grants to domestic organizationsPrograms $400,000$400,000

IX-2 Grants to domestic individualsPrograms $206,000$206,000

IX-3 Grants and assistance to foreign recipientsPrograms $1,667,401$1,667,401

IX-5 Pay of current officers, directors and key staffPrograms $673,896 · Management $309,014 · Fundraising $46,914$1,029,824

IX-7 Other salaries and wagesPrograms $1,199,834 · Management $426,980 · Fundraising $51,856$1,678,670

IX-8 Pension plan contributionsPrograms $37,405 · Management $12,304 · Fundraising $1,295$51,004

IX-9 Other employee benefitsPrograms $135,478 · Management $49,728 · Fundraising $6,571$191,777

IX-10 Payroll taxesPrograms $142,273 · Management $55,476 · Fundraising $7,413$205,162

IX-11b Legal feesManagement $217,712$217,712

IX-11c Accounting feesManagement $228,593$228,593

IX-11f Investment management feesManagement $330,545$330,545

IX-11g Other fees for servicesPrograms $1,028,773 · Management $140,510 · Fundraising $33,965$1,203,248

IX-12 Advertising and promotionPrograms $28,728 · Management $11,202 · Fundraising $1,497$41,427

IX-13 Office expensesPrograms $31,453 · Management $16,505 · Fundraising $1,639$49,597

IX-14 Information technologyPrograms $61,158 · Management $23,846 · Fundraising $3,187$88,191

IX-17 TravelPrograms $539,634 · Management $144,561$684,195

IX-19 Conferences, conventions and meetingsPrograms $387,881 · Management $7,042$394,923

IX-22 Depreciation, depletion and amortizationPrograms $40,156 · Management $15,657 · Fundraising $2,092$57,905

IX-24 Other expenses (24a–d)Management $22,226$22,226

IX-25 Total functional expensesPrograms $6,580,070 · Management $2,011,901 · Fundraising $156,429$8,748,400

Part X · Balance sheet $82,655,890 assets, 13 lines filed

X-2 Savings and temporary cash investmentsStart of year $2,151,802$3,211,715

X-4 Accounts receivableStart of year $75,000$11,804

X-9 Prepaid expenses and deferred chargesStart of year $18,447$83,994

X-10c Land, buildings and equipment, netStart of year $16,009$66,796

X-11 Publicly traded securitiesStart of year $65,925,584$68,320,505

X-12 Other securitiesStart of year $7,228,650$10,845,473

X-15 Other assetsStart of year $37,106$115,603

X-16 Total assetsStart of year $75,537,366$82,655,890

X-17 Accounts payable and accrued expensesStart of year $287,931$1,476,621

X-26 Total liabilitiesStart of year $287,931$1,476,621

X-27 Net assets without donor restrictionsStart of year $75,249,435$81,179,269

X-32 Total net assets or fund balancesStart of year $75,249,435$81,179,269

X-33 Total liabilities and net assetsStart of year $75,537,366$82,655,890

Part XI · Reconciliation of net assets $81,179,269 net assets at year end

XI-1 Total revenue−$92,551

XI-2 Total expenses$8,748,400

XI-3 Revenue less expenses−$8,840,951

XI-4 Net assets at start of year$75,249,435

XI-5 Net unrealized gains (losses) on investments$14,770,785

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$81,179,269

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

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

Interledger Foundation FY2023 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Compensation history total reportable pay by year · 6 named individuals · Part VII