Idaho Regional Optical Network Inc
- Assets
- $6.6m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Boise, ID
- Founding
- 06/2009
- Data as of
- 12/2021
- EIN
- 26-0698591
Organization Overview
Idaho Regional Optical Network Inc is located in Boise, ID. The organization was established in 2009. According to its NTEE Classification (W05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Idaho Regional Optical Network Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Idaho Regional Optical Network Inc generated $3.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $2.6m during the year ending 12/2021. While expenses have increased by 7.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE HIGH SPEED ECONOMICAL OPTICAL NETWORK INFRASTRUCTURE FOR THE STATE OF IDAHO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE HIGH SPEED NETWORKING FOR EDUCATION, RESEARCH, AND OTHER RELATED NON PROFIT ENTITIES.IN 2021, THE BOARD APPROVED A STRATEGIC INITIATIVE TO INCREASE ENGAGEMENT WITH OTHER NON-PROFIT ENTITIES IN IDAHO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brent Stacey President & CEO | OfficerTrustee | 20 | $0 |
Harold Blackman Vice President | OfficerTrustee | 5 | $0 |
Stacey Carson Secretary | OfficerTrustee | 5 | $0 |
Dan Ewart Treasurer | OfficerTrustee | 5 | $0 |
Brian Whitlock Immediate Past President | OfficerTrustee | 5 | $0 |
Mike Guryan General Manager | Officer | 40 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Advanced Technology Partners Llc Technology Services | 12/30/21 | $242,671 |
Premier Networks Llc Internet Services | 12/30/21 | $195,853 |
Educom Services Llc General Management | 12/30/21 | $130,848 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,958,565 |
| Investment income | $1,848 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,960,413 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $169,800 |
| Fees for services: Legal | $12,238 |
| Fees for services: Accounting | $25,840 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $347 |
| Office expenses | $8,839 |
| Information technology | $1,727,323 |
| Royalties | $0 |
| Occupancy | $150,550 |
| Travel | $8,419 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $305,526 |
| Insurance | $16,925 |
| All other expenses | $0 |
| Total functional expenses | $2,566,254 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,309,977 |
| Savings and temporary cash investments | $3,511,750 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $60,038 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $458,552 |
| Net Land, buildings, and equipment | $1,239,060 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,579,377 |
| Accounts payable and accrued expenses | $70,152 |
| Grants payable | $0 |
| Deferred revenue | $1,871,072 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,941,224 |
| Net assets without donor restrictions | $4,638,153 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,579,377 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Utah Health Information Network Incorporated Murray, UT | $16,264,940 | $11,402,783 |
Idaho Regional Optical Network Inc Boise, ID | $6,579,377 | $2,960,413 |
Washington Business Alliance Tumwater, WA | $352,542 | $1,186,841 |
Montana Budget And Policy Center Helena, MT | $1,359,696 | $1,504,841 |
Zebras Unite Portland, OR | $2,148,689 | $2,812,826 |
Urbanova Spokane, WA | $226,294 | $575,806 |
Oregon Rural Action Inc La Grande, OR | $863,060 | $1,104,385 |
Health Information Exchange Of Montana Inc Kalispell, MT | $2,409,842 | $346,881 |
Common Sense For Oregon Foundation Salem, OR | $303 | $0 |
Frontier Institute Inc Helena, MT | $194,632 | $372,719 |
Northwest Hospital Alliance Sandpoint, ID | $271,896 | $177,378 |
Asian American Rights Association Kirkland, WA | $7,138 | $0 |