Post Road Foundation
- Assets
- $715.8k
- Revenue
- $40.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Oakland, CA
- Founding
- 09/2017
- Data as of
- 12/2021
- EIN
- 82-2193847
Organization Overview
Post Road Foundation is located in Oakland, CA. The organization was established in 2017. According to its NTEE Classification (U41) the organization is classified as: Computer Science, under the broad grouping of Science & Technology and related organizations. As of 12/2021, Post Road Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Post Road 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 12/2021, Post Road Foundation generated $40.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (23.1%) each year. All expenses for the organization totaled $319.4k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE STUDY OF PRESENT AND FUTURE CAPABILITIES OF CONNECTED, SUSTAINABLE INFRASTRUCTURE IN IMPOVERISHED OR OTHERWISE UNDERSERVED COMMUNITIES ACROSS THE UNITED STATES IN ORDER TO ADVANCE THE PUBLIC'S KNOWLEDGE OF THE EFFICIENT IMPLEMENTATION OF SUCH INFRASTRUCTURE AND ITS POTENTIAL FOR REDUCING EMISSIONS, CUTTING ENERGY COSTS AND IMPROVING DIGITAL ACCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE STUDY OF CONNECTED INFRASTRUCTURE IN FIVE UNDERSERVED COMMUNITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Waide Warner Chairman Of Board/treasure | OfficerTrustee | 20 | $0 |
Seth Hoedl Pres/secretary/chief Scien | Officer | 40 | $0 |
Douglas Sims Director | Trustee | 1 | $0 |
Mary Louise Cohen Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $40,000 |
| 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 | $40,000 |
| Total Program Service Revenue | $0 |
| Investment income | $283 |
| 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 | $40,283 |
| 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. | $181,475 |
| Compensation of current officers, directors, key employees. | $16,850 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $30,975 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,086 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,358 |
| Fees for services: Accounting | $15,103 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $24,535 |
| Advertising and promotion | $0 |
| Office expenses | $3,187 |
| Information technology | $10,234 |
| Royalties | $0 |
| Occupancy | $16,319 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,900 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,245 |
| All other expenses | $0 |
| Total functional expenses | $319,417 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $236,895 |
| Savings and temporary cash investments | $473,888 |
| 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 | $5,008 |
| Total assets | $715,791 |
| Accounts payable and accrued expenses | $7,420 |
| 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 | $1,183,347 |
| Total liabilities | $1,190,767 |
| Net assets without donor restrictions | -$474,976 |
| 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 | $715,791 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Post Road Foundation has recieved totaling $400,000.
| Awarding Organization | Amount |
|---|---|
Ford Foundation New York, NY PURPOSE: RECOVERABLE SUPPORT TO EXPAND BROADBAND ACCESS FOR HISTORICALLY MARGINALIZED COMMUNITIES IN WESTERN ALABAMA IN ORDER TO ENABLE EDUCATION, ECONOMIC DEVELOPMENT, TELEMEDICINE AND ELECTRIC GRID MODERNIZATION | $250,000 |
Rockefeller Foundation New York, NY PURPOSE: IN SUPPORT OF DILIGENCE CONSULTANTS AND OPERATIONS TO COMPLETE FINANCIAL CLOSE OF ITS FIRST DEMONSTRATION PROJECT | $150,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Astera Institute Berkeley, CA | $1,690,396,167 | $1,353,526,926 |
Partnership On Ai To Benefit People And Society San Francisco, CA | $11,337,057 | $6,018,330 |
Machine Intelligence Research Institute Inc Berkeley, CA | $29,660,816 | $25,558,423 |
International Computer Science Institute Berkeley, CA | $14,202,562 | $6,417,874 |
East Asian Observatory Hilo, HI | $9,717,186 | $4,392,710 |
Meedan Inc San Francisco, CA | $3,162,332 | $5,379,293 |
Code For Science And Society Inc Portland, OR | $4,762,095 | $5,815,149 |
Organization For Educational Technology And Curriculum Salem, OR | $19,424,020 | $7,330,105 |
Computer Using Educators Inc San Francisco, CA | $1,715,707 | $2,024,124 |
United States Information Technology Office Inc Campbell, CA | $3,525,593 | $1,630,625 |
Hack Foundation West Hollywood, CA | $3,032,702 | $3,041,120 |
Python Software Foundation Beaverton, OR | $4,902,663 | $2,311,080 |