World Wide Web Foundation
- Assets
- $928.0k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 1
- Location
- Washington, DC
- Founding
- 04/2009
- Data as of
- 12/2023
- EIN
- 26-2852431
Organization Overview
World Wide Web Foundation is located in Washington, DC. The organization was established in 2009. According to its NTEE Classification (W19) the organization is classified as: Support N.E.C., 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. World Wide Web Foundation 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 12/2023, World Wide Web Foundation generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $667.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (19.5%) per year over the past 9 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE THE OPEN WEB AS A PUBLIC GOOD AND A BASIC RIGHT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OBGV: TO SYNTHESIZE EVIDENCE ABOUT THE HARMS OF ON-LINE GENDER-BASED VIOLENCE.
FILECOIN: SCOPE AND POTENTIAL LAUNCH OF THE WEB FOUNDATION'S WEB INDEX.
GENERAL FUND WHICH OPERATES TO ACHIEVE THE WIDER AIMS OF THE FOUNDATION; TO ADVANCE THE OPEN WEB AS A PUBLIC GOOD AND A BASIC RIGHT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Sanderson CEO (begin 8/21/2023) | OfficerTrustee | 40 | $48,782 |
Jonathan Goldstein Treasurer | OfficerTrustee | 1 | $0 |
Brian Mcneil Secretary | OfficerTrustee | 1 | $0 |
Tim Berners-Lee Director | Trustee | 1 | $0 |
Rosemary Leith Director | Trustee | 1 | $0 |
Sam Tidwell Norrish Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Katherine Townsend Policy Consulting Services | 12/30/23 | $114,519 |
Steven Paul Pearson Policy Consulting Services | 12/30/23 | $106,237 |
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 | $1,517,557 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,517,557 |
| Total Program Service Revenue | $25,431 |
| Investment income | $0 |
| 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 | $1,535,471 |
| 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 | $177,163 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $50,795 |
| Compensation of current officers, directors, key employees. | $37,777 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $864 |
| Payroll taxes | $820 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,276 |
| Fees for services: Accounting | $41,216 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $320,716 |
| Advertising and promotion | $0 |
| Office expenses | $13,777 |
| Information technology | $5,736 |
| Royalties | $0 |
| Occupancy | $3,095 |
| Travel | $10,766 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,169 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,933 |
| Insurance | $7,093 |
| All other expenses | $0 |
| Total functional expenses | $667,159 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $914,708 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $7,730 |
| Net Land, buildings, and equipment | $5,572 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $928,010 |
| Accounts payable and accrued expenses | $70,704 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $70,704 |
| Net assets without donor restrictions | $318,047 |
| Net assets with donor restrictions | $539,259 |
| 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 | $928,010 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tholos Foundation Washington, DC | $3,468,200 | $2,746,957 |
United Service Organizations Inc Norfolk, VA | $0 | $1,039,563 |
New Markets Tax Credit Coalition Washington, DC | $534,532 | $867,475 |
Adc Research Institute Washington, DC | $307,295 | $551,455 |
World Wide Web Foundation Washington, DC | $928,010 | $1,535,471 |
Baltimore County Inaugural Inc Pikesville, MD | $20,207 | $160,000 |
Cultivate The Karass Arlington, VA | $27,577 | $0 |
So Md Vacation For Vets California, MD | $45,325 | $40,740 |
Tei Education Fund Washington, DC | $112,024 | $0 |
Associates For Renewal In Education Washington, DC | $441,939 | $0 |
Beyond Baskets Glen Allen, VA | $100 | $0 |