Network Device Education Foundation Inc
- Assets
- $140.8k
- Revenue
- $638.1k
- Investments
- $0.0
- Employees
- 0
- Location
- San Jose, CA
- Founding
- 08/2014
- Data as of
- 12/2023
- EIN
- 46-2124970
Organization Overview
Network Device Education Foundation Inc is located in San Jose, CA. The organization was established in 2014. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Network Device Education Foundation 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 12/2023, Network Device Education Foundation Inc generated $638.1k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 17.5% each year . All expenses for the organization totaled $598.9k during the year ending 12/2023. While expenses have increased by 14.7% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
NETWORK DEVICE EDUCATION FOUNDATION HAS BEEN ORGANIZED TO PROVIDE TECHNOLOGY EDUCATION AND AWARENESS TO THE GENERAL PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ACTIVITY BEING CONDUCTED IS: NETWORK DEVICE EDUCATION FOUNDATION HAS BEEN ORGANIZED TO PROVIDE TECHNOLOGY EDUCATION AND AWARENESS TO THE GENERAL PUBLIC. MORE SPECIFICALLY, THE ORGANIZATION WILL PROVIDE ITS EDUCATION AND AWARENESS AT SCHEDULED GROUP EVENTS. THIS EDUCATION WILL CONSIST OF PRESENTING DIFFERENT TYPES OF TECHNOLOGY AT EACH EVENT, DISCUSSING THEIR USES AND PROVIDING DEMONSTRATIONS. NDEF WILL PROVIDE AN EMPHASIS ON THE IMPORTANCE OF TESTING EQUIPMENT THOROUGHLY BEFORE PURCHASING. BY PROVIDING THIS TECHNOLOGY EDUCATION AND AWARENESS, THE ORGANIZATION WILL HELP INDIVIDUALS MAKE INFORMED DECISIONS, TO KNOW WHAT OPTIONS THERE ARE AND TO KNOW WHAT ADVANCEMENTS HAVE OCCURRED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Clarke Trustee | Trustee | 0 | $0 |
Laura Hendriksen Trustee | Trustee | 0 | $0 |
Steven Noble President | Officer | 25 | $0 |
Martin Winter Secretary | Officer | 40 | $0 |
Alistair Woodman Board Member | Officer | 16 | $0 |
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 | $637,078 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $637,078 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $638,078 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $910 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $100 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $61,861 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,743 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $12,000 |
| All other expenses | $0 |
| Total functional expenses | $598,881 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $140,803 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $140,803 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $140,803 |
| 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 | $140,803 |