Endless Network Inc
- Assets
- $2.5m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 8
- Location
- Westport, CT
- Founding
- Data as of
- 03/2023
- EIN
- 37-1967864
Organization Overview
Endless Network Inc is located in Westport, CT. As of 03/2023, Endless Network Inc employed 8 individuals. Endless Network Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 03/2023, Endless Network Inc generated $3.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (10.7%) each year. All expenses for the organization totaled $3.7m during the year ending 03/2023. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 3 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
ENDLESS NETWORK, INC. EXISTS TO DEMOCRATIZE ACCESS TO TECHNOLOGY TO CREATE OPPORTUNITY FOR UNDERSERVED AND UNDER-RESOURCED POPULATIONS AROUND THE WORLD. WE PROMOTE CODING, EDUCATION, LIVELIHOOD, AND DIGITAL EQUITY FOR THE PUBLIC, PARTICULARLY THE YOUTH AND LESS ADVANTAGED, AROUND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENDLESS KEY: PROVIDING LEARNING AND DISCOVERY RESOURCES FOR OFFLINE STUDENTS IN THE US THROUGH THE PRODUCTION AND DISTRIBUTION OF USB DRIVES FOR STUDENTS ATTENDING TITLE 1 SCHOOLS AND UNDERSERVED CHILDREN IN EMERGING MARKETS.
ENDLESS OS: DEPLOYING EASY-TO-USE OFFLINE APPLICATIONS AND EDUCATIONAL CONTENT FOR UNDERPRIVILEGED COMMUNITIES IN THE DEVELOPING WORLD AND IN CONSTRAINED ENVIRONMENTS SUCH AS CORRECTIONAL FACILITIES.
ADVOCACY: PROMOTION OF AN OPEN SOURCE AND SECURE ENVIRONMENT TO EMPOWER DIGITAL LITERACY AND OFFLINE LEARNING THROUGH CONFERENCES, SUMMITS AND SYMPOSIUMS. CREATED PARTNERSHIPS WITH OTHER ORGANIZATIONS PRIORITIZING DIGITAL INCLUSION AND OFFLINE INTERNET CAPABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Dalio Board President | OfficerTrustee | 1.5 | $0 |
Dennis M Bartels Treasurer & Secretary | OfficerTrustee | 2 | $0 |
Gretchen Wagner Board Director | Trustee | 0.25 | $0 |
Robert Mcqueen Chief Executive Officer | Officer | 40 | $0 |
Daniel Nicholson Senior Software Engineer | 40 | $170,124 | |
Olubunmi Esho Vice President Of Programs | 40 | $140,867 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Endless Technologies Ltd Business Service | 3/30/23 | $798,872 |
Daniel Drake Technology Consultant | 3/30/23 | $154,332 |
Jian-hong Pan Technology Consultant | 3/30/23 | $106,538 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $3,350,000 |
| 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 | $3,350,000 |
| Total Program Service Revenue | $0 |
| Investment income | $32,619 |
| 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 | -$7,778 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,375,619 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $58,536 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $12,725 |
| 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 | $1,081,988 |
| Pension plan accruals and contributions | $52,228 |
| Other employee benefits | $109,309 |
| Payroll taxes | $80,124 |
| Fees for services: Management | $12,645 |
| Fees for services: Legal | $3,413 |
| Fees for services: Accounting | $25,449 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,813,864 |
| Advertising and promotion | $2,905 |
| Office expenses | $22,364 |
| Information technology | $117,465 |
| Royalties | $0 |
| Occupancy | $35,996 |
| Travel | $82,679 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,959 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,103 |
| Insurance | $11,875 |
| All other expenses | $693 |
| Total functional expenses | $3,665,148 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,029,221 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $49,289 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $356,188 |
| Prepaid expenses and deferred charges | $25,754 |
| Net Land, buildings, and equipment | $9,568 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,470,020 |
| Accounts payable and accrued expenses | $107,834 |
| Grants payable | $0 |
| Deferred revenue | $1,825,000 |
| 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 | $54,060 |
| Total liabilities | $1,986,894 |
| Net assets without donor restrictions | $0 |
| 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 | $483,126 |
| Total liabilities and net assets/fund balances | $2,470,020 |
Grants Awarded
Over the last fiscal year, Endless Network Inc has awarded $52,805 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
4-H PURPOSE: TO INCREASE DIGITAL ACCESS AND OFFLINE LEARNING FOR YOUTH IN UNDERFUNDED AREAS | $6,975 |
PUBLIC BROADCASTING SERVICE (PBS) PURPOSE: TO INCREASE DIGITAL ACCESS AND OFFLINE LEARNING FOR YOUTH IN UNDERFUNDED AREAS | $45,830 |