Signal Technology Foundation
- Assets
- $46.2m
- Revenue
- $12.8m
- Investments
- $0.0
- Employees
- 35
- Location
- Mountain View, CA
- Founding
- 02/2019
- Data as of
- 12/2021
- EIN
- 82-4506840
Organization Overview
Signal Technology Foundation is located in Mountain View, CA. The organization was established in 2019. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Signal Technology Foundation employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Signal Technology 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, Signal Technology Foundation generated $12.8m in total revenue. All expenses for the organization totaled $33.1m during the year ending 12/2021. While expenses have increased by 59.4% per year over the past 4 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP PRIVACY TECHNOLOGY THAT PROTECTS FREE EXPRESSION & ENABLES SECURE GLOBAL COMMUNICATION.
Describe the Organization's Program Activity:
FOLLOWING ITS FORMATION IN EARLY 2018, SIGNAL FOUNDATION'S PRIMARY ACTIVITY WAS THE CONTINUOUS IMPROVEMENT TO SIGNAL MESSENGER IN ORDER TO ENSURE GLOBAL ACCESS TO A SECURE, END-TO-END ENCRYPTED VOICE AND TEXT COMMUNICATIONS PLATFORM. THROUGH SIGNAL MESSENGER, USERS CAN SECURELY CALL AND TEXT ONE ANOTHER. THE CONTENT OF THOSE COMMUNICATIONS ARE SECURELY ENCRYPTED BY THE APP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Chen Software Developer | 40 | $775,305 | |
Scott Nonnenberg Software Developer | 40 | $742,448 | |
Riya Abraham Support Manager | 40 | $690,355 | |
Moxie Marlinspike Director/ceo Of Signal Messenger | Trustee | 40 | $620,736 |
Ehren Kret Chief Technology Officer | 40 | $599,944 | |
Jim O'leary Vp, Engineering | 40 | $597,882 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Twilio Inc Phone Verification Services | 12/30/21 | $6,954,012 |
Microsoft Cloud Hosting Services | 12/30/21 | $3,936,406 |
Amazon Web Services Cloud Hosting Services | 12/30/21 | $3,026,602 |
Google Llc Cloud Hosting Services | 12/30/21 | $1,279,833 |
Technology Humans And Taste Llc Marketing Services | 12/30/21 | $410,513 |
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 | $9,911,613 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,911,613 |
| Total Program Service Revenue | $203,590 |
| Investment income | $390,939 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $2,052,308 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $204,359 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,571 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,765,380 |
| 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. | $1,034,924 |
| Compensation of current officers, directors, key employees. | $414,188 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,821,639 |
| Pension plan accruals and contributions | $441,962 |
| Other employee benefits | $372,122 |
| Payroll taxes | $448,908 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $47,851 |
| Fees for services: Accounting | $71,433 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,827,499 |
| Advertising and promotion | $453,344 |
| Office expenses | $37,169 |
| Information technology | $188,995 |
| Royalties | $0 |
| Occupancy | $7,395 |
| Travel | $7,289 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,789 |
| Interest | $994,048 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,116,227 |
| Insurance | $38,611 |
| All other expenses | $25 |
| Total functional expenses | $33,117,092 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,650,653 |
| Savings and temporary cash investments | $8,477,200 |
| 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 | $535,741 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $21,329,344 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $6,216,160 |
| Other assets | $2,036,498 |
| Total assets | $46,245,596 |
| Accounts payable and accrued expenses | $1,196,774 |
| Grants payable | $0 |
| Deferred revenue | $49,167 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $31,250,128 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $32,496,069 |
| Net assets without donor restrictions | -$60,000,345 |
| Net assets with donor restrictions | $73,749,872 |
| 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 | $46,245,596 |
Grants Recieved
Over the last fiscal year, we have identified 18 grants that Signal Technology Foundation has recieved totaling $3,130,962.
| Awarding Organization | Amount |
|---|---|
Musk Foundation Austin, TX PURPOSE: SUPPORT PROTECTION OF FREE EXPRESSION AND SECURITY OF GLOBAL COMMUNICATION | $2,000,000 |
The Bessemer Giving Fund Woodbridge, NJ PURPOSE: GENERAL SUPPORT | $1,000,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $68,866 |
Greater Tacoma Community Foundation Tacoma, WA PURPOSE: OPERATING SUPPORT | $16,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $15,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $10,758 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Signal Technology Foundation Mountain View, CA | $46,245,596 | $12,765,380 |
San Diego Tourism Marketing District San Diego, CA | $25,387,973 | $27,784,986 |
Western Regional Examining Board Phoenix, AZ | $0 | $7,805,212 |
The Better Business Bureau Inc Phoenix, AZ | $11,570,437 | $16,919,340 |
Pacific West Association Of Realtors Inc Anaheim, CA | $20,065,190 | $11,318,447 |
Businesses United In Investing Lending And Development Redwood City, CA | $15,281,937 | $16,419,583 |
Enterprise Foundation San Jose, CA | $843,322 | $6,921,921 |
All Raise San Francisco, CA | $16,909,959 | $6,096,804 |
Forth Portland, OR | $1,266,604 | $3,911,296 |
Authorized Taxicab Supervision Inc Los Angeles, CA | $2,022,494 | $4,283,831 |
Better Business Bureau Of Los Angeles And Silicon Valley Inc San Jose, CA | $3,931,110 | $3,510,578 |
Worldatwork Society Of Certified Professionals Scottsdale, AZ | $12,717,541 | $3,104,582 |