The Netbsd Foundation Inc

Nonprofit profile at a glance

EIN
134134071
IRS 990-EZ coverage
2010–2024
Forms available
Form 990-EZ 2024
Location
New York, NY, USA
Phone
9173309559
Rating
96
Verdict
STRONG
Rating confidence
Moderate
Sector
Education N.E.C.

Official website

Reported finances

Revenue
$51,146
Expenses
$66,074
Assets
$263,859
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • LEONARDO TACCARI (VICE PRESIDENT)
  • WILLIAM J COLDWELL (PRESIDENT)

People named in this filing

  • CHRISTOS ZOULAS (SECRETARY/TREASURER)
  • LEONARDO TACCARI (VICE PRESIDENT)
  • DAVID BROWNLEE (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purposes of the foundation is to engage in exclusively charitable, literary, educational and scienitific activities within the meaning of section 501(c)(3) of the internal revenue code, including the special purposes of (i) encouraging, fostering and promoting the free exchange of computer software and information related to computers and other technology;(ii)distributing and disseminating software and information related to computers and other technology to the public and (iii) increasing the public's access to computers and other high technology devices.

What it reported doing in 2024

"builds" refers to the infrastructure that provides a continuous build process for the netbsd sofware, i.e. Expenses related to providing an environment that continuosly takes the latest version of the software for all supported versions of netbsd, including the latest unreleased version and complies, tests and builds install media.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 98
  • Transparency & Controls: 100
  • Sustainability: 47
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 93.8%; rating input score 94

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -29.2%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 3.99; rating input score 80; 80th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 7.9% per year; rating input score 100; 68th percentile among comparable filings
  • Revenue growth: 3.2% per year; rating input score 100; 65th percentile among comparable filings
  • Asset growth: 0.3% per year; rating input score 100; 40th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 93.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $62K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 19/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.