Identity2020 Systems Inc
- Assets
- $0.0
- Revenue
- $556.4k
- Investments
- $0.0
- Employees
- 4
- Location
- New York, NY
- Founding
- 04/2016
- Data as of
- 12/2023
- EIN
- 81-1089667
Organization Overview
Identity2020 Systems Inc is located in New York, NY. The organization was established in 2016. According to its NTEE Classification (Q71) the organization is classified as: International Migration & Refugee Issues, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2023, Identity2020 Systems Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Identity2020 Systems 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, Identity2020 Systems Inc generated $556.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.7% each year . All expenses for the organization totaled $753.7k during the year ending 12/2023. While expenses have increased by 23.0% per year over the past 8 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
ENSURING DIGITAL ID IS RESPONSIBLY IMPLEMENTED AND WIDELY ACCESSIBLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ID2020 AND ITS ALLIANCE PARTNERS WORKED TOGETHER TOWARDS A SHARED VISION OF MAXIMIZING THE POTENTIAL OF DIGITAL ID TO IMPROVE LIVES THROUGH THREE WORKSTREAMS. AS THE CHANGING SECTOR DYNAMICS AND THEIR IMPACT ON ID2020 BECAME CLEAR, ID2020 TRANSITIONED ITS MISSION AND EXPERTISE TO THE UNITED NATIONS FOUNDATION'S DIGITAL IMPACT ALLIANCE (DIAL).
ID2020'S WORK AND THE SUCCESSFUL TRANSITION IT COMPLETED ALLOWED FOR:TECHNICAL MARKET SHAPING: TRANSFORMING MARKETS TO MAKE USER-MANAGED, PRIVACY-PROTECTING, AND PORTABLE DIGITAL ID THE NORM.ADVOCACY: COLLECTIVE ADVOCACY TO EDUCATE POLICYMAKERS AND REGULATORS, TECHNOLOGISTS, IMPLEMENTERS, AND THE PUBLIC AND BUILD SUPPORT FOR "GOOD" ID.PROGRAM SUPPORT: ACCELERATING THE UPTAKE OF GOOD DIGITAL ID PROGRAMS, WITH A PROACTIVE FOCUS ON ENSURING THAT THE BENEFITS OF DIGITAL ID ARE EQUITABLY DISTRIBUTED.
ID2020 IMPLEMENTS GOOD DIGITAL ID PROGRAMS TO ACCELERATE UPTAKE AND FACILITATE ACCESS TO VITAL RIGHTS AND SERVICES, PARTICULARLY FOR VULNERABLE POPULATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Gagne Board Chair | OfficerTrustee | 1 | $0 |
Oliver T Bussmann Treasurer (thru 3/31/23) | OfficerTrustee | 1 | $0 |
Elana Broitman Sec/tre | OfficerTrustee | 1 | $0 |
John Edge Chairman Emeritus | Trustee | 1 | $0 |
Alex Simons Board Member (thru 1/30/23) | Trustee | 1 | $0 |
Brooke Partridge Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $550,000 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,235 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $554,235 |
| Total Program Service Revenue | $0 |
| Investment income | $184 |
| 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 | $556,433 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $200,000 |
| 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. | $219,495 |
| Compensation of current officers, directors, key employees. | $43,899 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $148,445 |
| Pension plan accruals and contributions | $1,536 |
| Other employee benefits | $12,689 |
| Payroll taxes | $28,595 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,344 |
| Fees for services: Accounting | $30,322 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $64,283 |
| Advertising and promotion | $0 |
| Office expenses | $215 |
| Information technology | $6,040 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,027 |
| 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 | $1,527 |
| Insurance | $4,413 |
| All other expenses | $495 |
| Total functional expenses | $753,653 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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 | $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 | $0 |
| Total liabilities and net assets/fund balances | $0 |
Grants Awarded
Over the last fiscal year, Identity2020 Systems Inc has awarded $458,075 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
EVERID (EVEREST) PURPOSE: OPERATIONAL EXPENSES FOR PROGRAM IMPLEMENTATION | $78,075 |
IRESPOND PURPOSE: OPERATIONAL EXPENSES FOR PROGRAM IMPLEMENTATION | $110,000 |
MIGRANT UNION CO OPEN SOCIETY FOUNDATION PURPOSE: TO RECORD CASH RECEIVED AS PART OF A FISCAL SPONSORSHIP AGREEMENT WITH MIGRANT UNION AND CASH ON HAND AT YEAR END. | $270,000 |