Bytecode Alliance Foundation is located in Wilmington, DE. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bytecode Alliance Foundation is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Bytecode Alliance Foundation generated $560.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 24.9% each year . All expenses for the organization totaled $235.1k during the year ending 12/2023. 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
NON-PROFIT SUPPORTING SOFTWARE DEVELOPMENT PROJECTS, THEIR COMMUNITIES, AND RELATED ACTIVITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL OF THE BYTECODE ALLIANCE FOUNDATION'S ACTIVITIES ARE DEDICATED TO CREATING SECURE NEW SOFTWARE FOUNDATIONS, BUILDING ON THE STANDARDS SUCH AS WEBASSEMBLY SYSTEM INTERFACE. WEBASSEMBLY, DEVELOPED INITIALLY TO RUN UNTRUSTED CODE INSIDE WEB BROWSERS AND SUBSEQUENTLY ADLOPTED BY ALL MAJOR BROWERS, HAS UNIQUE QUALIFIES THAT MAKE IT AN ATTRACTIVE SAFE AND SECURE GENERAL-PURPOSE COMPUTING PLATFORM AT ALL SCALES, FROM SMALL EMBEDDED DEVICES TO GLOBAL DATA CENTERS. THE BYTECODE ALLIANCE AND ITS MEMBER ORGANIZATIONS ARE CURRENTLY COLLABORATING ON RUNTIMES THAT CAN EXECUTE WEBASSEMBLY APPLICATIONS AND COMPONENTS, RUNTIME ENABLERS THAT ALLOW PORTABLE GENERATION OF WEBASSEMBLY CODE ACCROSS OPERATING SYSTEMS AND RUNTIMES, AND LANGUAGE TOOLING TO INTEGRATE WEBASSEMBLY AS A TARGET ENVIRONMENT FOR PROGRAMMING LANGUAGES AND SOFTWARE DEVELOPMENT TOOLCHAINS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Till Schneidereit Director | Trustee | 2 | $0 |
Daniel Lopez Director | Trustee | 2 | $0 |
Tyler Mcmullen Director | Trustee | 2 | $0 |
Deian Stefan Director | Trustee | 2 | $0 |
Bailey Hayes Director | Trustee | 2 | $0 |
Robert Holley Chairman | Officer | 4 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $560,834 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
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 | $560,834 |
Total Program Service Revenue | $0 |
Investment income | $1 |
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 | $560,835 |
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 | $6,046 |
Fees for services: Accounting | $12,300 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $7,739 |
Office expenses | $240 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $12,512 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $10,960 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,562 |
All other expenses | $705 |
Total functional expenses | $235,061 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $731,927 |
Savings and temporary cash investments | $11,003 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $120,173 |
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 | $10,975 |
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 | $874,078 |
Accounts payable and accrued expenses | $12,108 |
Grants payable | $0 |
Deferred revenue | $40,000 |
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 | $52,108 |
Net assets without donor restrictions | $821,970 |
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 | $874,078 |