Silicon Ally EIN 87-2367335 Form 990 (PDF) Claim this org

Silicon Ally FY2022 filing

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Empowers environmental and global inequality groups with technology and software for greater impact. For fiscal year 2022 it reported $205K in revenue, $134K in expenses, and $82K in net assets.Pt I

Type
Public charity (501(c)(3)) · Science & Technology
Location
Boulder, CO
Website
siliconally.org
Filings
2 on file (2022–2022)
Revenue
$205KFY2022
Expenses
$134K
Net assets
$82K
People
2
Filings
2
Updates
0
More identity details & actions ⌄
EIN  87-2367335 Public charity (501(c)(3)) Boulder, CO
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2023) →
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Size
$100K–1M
What they do
Empowers environmental and global inequality groups with technology and software for greater impact.
Leadership
Grady Ward · Vice President, Software Engineer · $55K
Money in and out
$205K revenue, $134K expenses
Bottom line
85% program efficiency
Where the money goes · FY2022
Total revenue
$205K
Pt VIII · Ln 12
Total expenses
$134K
Pt IX · Ln 25
Net assets
$82K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $71K
Where spending went · Part IX cols B–D
Program services $0.85 Management & general $0.15
Program efficiency
85%
of spending reaches programs
Operating runway
4.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+35%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$205K
FY2022
Total revenue
$205K
Pt VIII · Ln 12
Total expenses
$134K
Pt IX · Ln 25
Net assets
$82K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$71K
Total assetsPt X · Ln 16$82K
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 32
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $114K of program spending, described in the organization's own filed words · FY2022.
01

Our main program is developing software for nonprofit clients. In 2022, we spent the whole year building a platform for Adventure Scientists [1] to help them with their mission of matching up data scientists who need environmental data, and adventurers who have the skills to collect that data.

$114Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSilicon Ally
EINHdr · item D87-2367335
Principal addressHdr · item CBoulder, CO
WebsiteHdr · item Jsiliconally.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFScience & Technology (U02)
Ruling yearIRS BMFFeb 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a2
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Vice President, Software Engineer
$55,051Pt VII · Sec A
President, Executive Director, Software Engineer
$54,991Pt VII · Sec A

Grady Ward’s $54K as Vice President, Software Engineer is at the 82nd percentile of top reported officer pay among 113 <$100K science & technology 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 · 2 named individuals · Part VII

NameFY2023FY2022
Grady Ward$54,343$55,051
Brandon Sprague$54,279$54,991

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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Statement of Revenue

Part VIII
Program service revenue100%$205K
Contributions & grants$200
Total revenueLn 12$205K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.15
Program services85%$114K
Management & general15%$20K
Total functional expensesLn 25$134K

Balance Sheet

Part X · end of year
CashLn 1$52K
Total assetsLn 16$82K
Total liabilitiesLn 26$0
Total net assetsLn 32$82K
Months of cash on handcomputed4.6

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $52K · Operating expenses/yr $134K
4.6 months
Where the money goes
Program services
Program services $114K · Total expenses $134K
85%
Management & General
Management & general $20K · Total expenses $134K
15%
Fundraising
Fundraising $0 · Total expenses $134K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $200
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $200 · Total revenue $205K
0.10%
Government reliance
Government grants $0 · Total revenue $205K
0%
Earned-income share
Program service revenue $205K · Total revenue $205K
100%
Investment reliance
Investment income $0 · Total revenue $205K
0%
Program self-sufficiency
Program service revenue $205K · Total expenses $134K
153%
Growth & trend
Revenue growth (YoY)
This year $205K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $82K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $205K · Expenses $134K
+35%
Liabilities-to-Assets
Total liabilities — · Total assets $82K
Net-asset ratio
Net assets $82K · Total assets $82K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $82K
0%
People & payroll
Highest Reported Total Compensation
Individual Grady Ward · Reported title Vice President, Software Engineer · Highest reported compensation $55K · Total expenses $134K
41%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $129K · Total expenses $134K
96%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 85%
Overhead ratio 15%
Fundraising cost ratio 0%
Investment management fee ratio 0%
Legal fee ratio 0.02%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2023 (Latest)$61K revenue · ⤓ 990 PDF
FY2022$205K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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