Information Trust Exchange Governing Association
- Assets
- $933.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Williamstown, MA
- Founding
- 07/2017
- Data as of
- 12/2021
- EIN
- 81-5393558
Organization Overview
Information Trust Exchange Governing Association is located in Williamstown, MA. The organization was established in 2017. According to its NTEE Classification (W20) the organization is classified as: Government & Public Administration, 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. Information Trust Exchange Governing Association 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, Information Trust Exchange Governing Association generated $3.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (61.1%) each year. All expenses for the organization totaled $36.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
CONSISTENT WITH THE ORGANIZATION'S MISSION THE SHARED USER NETWORK PROGRAM COVENED AND PREPARED MEETINGS, REPORTS AND WEBINARS INVOLVING MORE THAN 100 PEOPLE AND RELATED REPORTS TO AGREE ON A COMMON STATEMENT ON USER PRIVACY; AND TO DEFINE, DEVELOP AND PLAN TESTING OF TOOLS FOR PROTECTING PRIVACY OF USER DATA, INITIALLY IN THE NEWS SECTOR. INITIAL TOOL AIMS TO FOSTER AND OPEN DIGITAL-INFORMATION MARKETPLACE THAT RESPECTS USER PRIVACY AND TRUSTWORTHY IDENTITY, AND INCLUDE DEVELOPING A FEDERATED SINGLE SIGN ON (SSO) SERVICE AND AN ANONYMOUS USER DATA EXCHANGE SERVICE. AMONG OBJECTIVES OF THESE EFFORTS ARE TO (A) HELP QUALITY PUBLISHERS IMPROVE THE RELEVANCE AND VALUE OF ADVERTISING THROUGH DEEPER KNOWLEDGE ABOUT THEIR USERS' COLLECTIVE INTEREST AND (B) CREATE A PUBLIC-INTEREST INTERNET ECOSYSTEM CONSISTING OF AN INDIVIDUAL 'FAST PASS' OF ACCESSING AND SUPPORTING OR PAYING FOR TRUSTWORTHY INFORMATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William P Densmore Jr Secretary | 15 | $0 | |
Scott Bradner Treasurer | 0.15 | $0 | |
Jo Ellen Green Kaiser Chairman | 1 | $0 | |
Linda K Miller Director | 0.25 | $0 | |
Ethan R Zuckerman Director | 0.15 | $0 | |
Christian A Hendricks Director | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,509 |
| Total Program Service Revenue | $1,101 |
| Membership dues | $0 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $460 |
| Total Revenue | $3,075 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $30,950 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,622 |
| Total expenses | $36,572 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $933 |
| Other assets | $0 |
| Total assets | $933 |
| Total liabilities | $0 |
| Net assets or fund balances | $933 |