To create Technology to help hundreds of social sector organizations solve common social problem.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
$1.3M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
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
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 2
filings with a surplus
Average surplus $887K a year · 19% of revenue · last 2 filings
Looks good: a surplus in 2 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.3M
to officers and key staff · 33% of spending
Concern: pay to officers and key staff is 33% of spending; over 30%.
Pt VII · Sec A
4 mo
of spending, in cash
Looks good: 3.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $1.6M
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$329K
19% of total assets
Looks good: liabilities are 19% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 3 voting members
Looks good: 2 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.3M
Spent
$3.9M
To programs
87%
Net assets
$1.4M
By yearFY2023–FY2024
Revenue
$5.3M
FY2023
Tap a bar for its year
Revenue by fiscal year
FY2023$5.3M
FY2024$4.2M
Expenses
$3.9M
FY2023
Tap a bar for its year
Expenses by fiscal year
FY2023$3.9M
FY2024$3.9M
Net assets
$1.4M
FY2023
Tap a bar for its year
Net assets by fiscal year
FY2023$1.4M
FY2024$1.8M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2023.

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

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $3.4M Management & general 13% · $509K Fundraising 0% · $3K

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

11 people listed on the 990; $1.3M paid to officers and key staff.

Part VII, Section A · reportable compensation
$244,635Pt VII · Sec A
Director of Engineering
$173,469Pt VII · Sec A
Director of Engineering
$165,840Pt VII · Sec A
Dir. of Product and Business Ops.
$145,545Pt VII · Sec A
Principal Ux Designer
$129,948Pt VII · Sec A
Product Manager
$126,512Pt VII · Sec A
Software Engineer
$122,917Pt VII · Sec A
Project Director
$103,969Pt VII · Sec A

Nicholas Hurlburt’s $180K as Executive Director, Aselo is at the 50th percentile of top reported officer pay among 363 $1–10M 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 · 8 named individuals · Part VII

NameFY2024FY2023
James R Fruchterman$145,817$244,635
Nicholas Hurlburt$180,195$173,469
Paul Schreiber$162,112$165,840
Dee Luo$147,756$145,545
Hana Lee—$129,948
Derek Caelin$118,766$126,512
Robert Davis—$122,917
Aaron Firestone$115,384—

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 15aYes

Programs and updates

Develops technology to help social sector organizations solve common problems.

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Provided by the organization

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3 programs · $3.4M · in their own filed words · FY2023
01

Aselo

Aselo is tech matters' program to serve the crisis response helpline field. Aselo is an open source cloud-based contact center platform designed to make it possible for helplines to respond to people (especially children) in need via phone, SMS, webchat, whatsapp, facebook messenger, line and instagram.

$1.8Mprogram expense
02

Terraso

After being in development for over a year, the terraso open source software was launched in may, 2023. Terraso is designed to meet the needs of local leaders on the front lines of climate change, helping them build more regenerative local economies.

$1.4Mprogram expense
03

Field Building

Tech matters provides a range of resources to support the wider application of technology to the social impact field broadly. This includes our no-charge brief consultations with nonprofit leaders, regular talks and articles on tech for good, and a podcast series featuring the leaders of technology nonprofits.

$161Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
See all 6 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$5.3M
Ln 12
Gifts and grantsLn 1h$4.3M
Fees for servicesLn 2g$1.0M
Investment incomeLn 3$33K
Money outPt IX
$3.9M
Ln 25
Programscol B$3.4M
Managementcol C$509K
Fundraisingcol D$3K
Owns and owesPt X
$1.4M
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$1.8M
LiabilitiesLn 26$329K
PeoplePt VI, VII
11
listed · VII A
PaidVII A9
Voting boardVI 1a3
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.3M
Government grantsLn 1e$434K
Fees for servicesLn 2g$1.0M
Investment incomeLn 3$33K
Gains on assetsLn 7$16K
Total revenueLn 12$5.3M
Assets in detailPt X, end of year
CashLn 1$216K
SavingsLn 2$947K
Cash and savings togetherLn 1–2$1.2M
Total assetsLn 16$1.8M
LiabilitiesLn 26$329K
Net assetsLn 32$1.4M
OperationsPt I, VI
EmployeesI 517
VolunteersI 610
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
LineStart FY23End FY23
Cash and savingsLn 1–2$280K$1.2M
Total assetsLn 16$280K$1.8M
LiabilitiesLn 26$279K$329K
Net assetsLn 32$506$1.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$45K$45K
Pay of current officers, directors and key staffLn 5$833K$628K$203K$2K
Other salaries and wagesLn 7$1.3M$1.1M$140K$256
Pension plan contributionsLn 8$46K$41K$5K$9
Other employee benefitsLn 9$210K$187K$23K$42
Legal feesLn 11b$9K$9K
Accounting feesLn 11c$37K$37K
Other fees for servicesLn 11g$1.1M$1.1M$52K
Office expensesLn 13$6K$2K$3K$1
Information technologyLn 14$48K$43K$5K$23
OccupancyLn 16$690$640$50
TravelLn 17$92K$75K$17K
Conferences, conventions and meetingsLn 19$13K$11K$2K
InsuranceLn 23$19K$11K$8K$11
Other expenses (24a–d)Ln 24$126K$123K$3K$1
Total functional expensesLn 25$3.9M$3.4M$509K$3K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $4.2M$3.9M$336K$1.8M 990 PDF
FY2023 Viewing $5.3M$3.9M$1.4M$1.4M 990 PDF

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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 $5,347,182 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$4,272,226
I-9 Program service revenuePrior year $0$1,042,444
I-10 Investment incomePrior year $0$32,512
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $0$5,347,182
I-13 Grants and similar amounts paidPrior year $0$45,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$2,375,133
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $0$1,489,858
I-18 Total expensesPrior year $0$3,909,991
I-19 Revenue less expensesPrior year $0$1,437,191
Part VI · Governance 2 of 3 board members independent, no flags
VI-1a Voting members of the governing body3
VI-1b Independent voting members2
VI-2 Family or business relationship among officers or directorsNo
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 $5,347,182 across 7 lines filed
VIII-1e Government grants$434,352
VIII-1f All other contributions, gifts and grants$3,837,874
VIII-1h Total contributions, gifts and grants$4,272,226
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,042,444$1,042,444
VIII-3 Investment incomeExcluded from tax $16,101$16,101
VIII-7 Net gain or loss on sales of assetsExcluded from tax $16,411$16,411
VIII-12 Total revenueRelated to mission $1,042,444 · Unrelated business $0 · Excluded from tax $32,512$5,347,182
Part IX · Statement of functional expenses $3,909,991 across 15 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $45,000$45,000
IX-5 Pay of current officers, directors and key staffPrograms $627,596 · Management $203,238 · Fundraising $2,252$833,086
IX-7 Other salaries and wagesPrograms $1,146,018 · Management $139,960 · Fundraising $256$1,286,234
IX-8 Pension plan contributionsPrograms $40,899 · Management $4,995 · Fundraising $9$45,903
IX-9 Other employee benefitsPrograms $187,027 · Management $22,841 · Fundraising $42$209,910
IX-11b Legal feesManagement $8,866$8,866
IX-11c Accounting feesManagement $37,450$37,450
IX-11g Other fees for servicesPrograms $1,087,116 · Management $52,314$1,139,430
IX-13 Office expensesPrograms $2,378 · Management $3,237 · Fundraising $1$5,616
IX-14 Information technologyPrograms $42,911 · Management $5,086 · Fundraising $23$48,020
IX-16 OccupancyPrograms $640 · Fundraising $50$690
IX-17 TravelPrograms $74,936 · Management $16,984$91,920
IX-19 Conferences, conventions and meetingsPrograms $10,731 · Management $2,244$12,975
IX-23 InsurancePrograms $10,772 · Management $8,328 · Fundraising $11$19,111
IX-24 Other expenses (24a–d)Programs $122,774 · Management $3,005 · Fundraising $1$125,780
IX-25 Total functional expensesPrograms $3,398,798 · Management $508,548 · Fundraising $2,645$3,909,991
Part X · Balance sheet $1,765,873 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $264,855$216,370
X-2 Savings and temporary cash investmentsStart of year $15,006$947,442
X-3 Pledges and grants receivable$482,682
X-4 Accounts receivable$105,479
X-9 Prepaid expenses and deferred charges$13,900
X-16 Total assetsStart of year $279,861$1,765,873
X-17 Accounts payable and accrued expenses$146,903
X-19 Deferred revenue$181,779
X-26 Total liabilitiesStart of year $279,355$328,682
X-27 Net assets without donor restrictionsStart of year $506$182,104
X-28 Net assets with donor restrictions$1,255,087
X-32 Total net assets or fund balancesStart of year $506$1,437,191
X-33 Total liabilities and net assetsStart of year $279,861$1,765,873
Part XI · Reconciliation of net assets $1,437,191 net assets at year end
XI-1 Total revenue$5,347,182
XI-2 Total expenses$3,909,991
XI-3 Revenue less expenses$1,437,191
XI-4 Net assets at start of year$506
XI-8 Prior period adjustments−$506
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,437,191

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

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