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Nonprofit · EIN 47-1110074

PRPL FOUNDATION INC

Tax-exempt · WAKEFIELD, MA 01880

Financials

$1.8M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of PRPL FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,825,234$1,563,096$262,138$4,439,056$3,739,638$699,418
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$133,396
Program service revenue
$1,667,917
Investment income
$23,921
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$3,298
Accounting fees
$38,750

Balance sheet and other

Total assets, start of year
$4,207,852
Total assets, end of year
$4,439,056
Total liabilities, end of year
$3,739,638
Net assets, end of year
$699,418
Net assets without donor restrictions
$699,418
Gross receipts
$1,825,234
Employees
0
Volunteers
20
Year formed
2014
State of legal domicile
DE

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
DR LEONARD DAUPHINEEPRESIDENT
Trustee or director, Officer
8$0
THOMAS STANEKERTREASURER (UNTIL 7/24)
Trustee or director, Officer
4$0
JASON SAVARDTREASURER (AS OF 7/24)
Trustee or director, Officer
4$0
RANDY ZIMLERPLATINUM DIRECTOR (UNTIL 12/24)
Trustee or director
4$0
WOJTEK MAKOWSKIPLATINUM DIRECTOR
Trustee or director
4$0
PAUL KEATORGOLD DIRECTOR (UNTIL 1/24)
Trustee or director
4$0
IAN WHEELOCKSILVER DIRECTOR
Trustee or director
4$0
WAYNE DANIELSILVER DIRECTOR (UNTIL 8/24)
Trustee or director
4$0
DAN MATTOXPLATINUM DIRECTOR (UNTIL 9/24)
Trustee or director
4$0
OSCAR LEALGOLD DIRECTOR
Trustee or director
4$0
MIKE EMMENDORFEIRPLATINUM DIRECTOR
Trustee or director
4$0
SREEKANTH NATARAJANPLATINUM DIRECTOR
Trustee or director
4$0
JOHN VALDEZPLATINUM DIRECTOR
Trustee or director
4$0
RAJ NANDPLATINUM DIRECTOR
Trustee or director
4$0
PETER VANDENENGELSILVER DIRECTOR
Trustee or director
4$0
1 more people on this return
NameTitleHours / weekCompensation
JEAN-PAUL CAMILLESILVER DIRECTOR
Trustee or director
4$0

Address and contacts

Address (IRS master file)
401 EDGEWATER PL STE 600, WAKEFIELD, MA 01880-6200
In care of
% LYNSEY CHAPLIK
Principal officer (990 for 2024)
JASON SAVARD, 401 EDGEWATER PLACE 600, WAKEFIELD, MA 01880
Signed the 990
JASON SAVARD, TREASURER
Phone
(781) 246-0500
Return prepared by
AAFCPAS INC

Mission

THE PRPL FOUNDATION ENABLES HIGH-VELOCITY, SERVICE-DRIVEN INNOVATION ONCUSTOMER-PREMISES EQUIPMENT BY HARMONIZING INTERFACES IN OPEN APIS ANDDELIVERING OPEN-SOURCE REFERENCE IMPLEMENTATIONS OF COMMONINFRASTRUCTURE.THE MISSION OF THE FOUNDATION MAY ONLY BE AMENDED BY A UNANIMOUS VOTEOF ALL PLATINUM DIRECTORS (AS DEFINED IN THE BYLAWS).

990 for the year ended December 31, 2024

Program accomplishments

  • 1) FOSTERED A COLLABORATIVE COMMUNITY TO INNOVATE OPEN CPE ARCHITECTURE AND CONTRIBUTE TO RELEVANT OPEN INDUSTRY STANDARDS. THIS SERVICE IS ONGOING AND RESULTS IN REGULAR CONTRIBUTIONS INTO CORRESPONDING STANDARDS DEVELOPMENT ORGANIZATIONS.2) FOSTERED A COLLABORATIVE COMMUNITY TO HARMONIZE, DOCUMENT AND PUBLISH OPEN API SPECIFICATIONS. THIS SERVICE IS ONGOING AND RESULTS IN REGULAR PUBLICATION OF RELEASES AND UPDATES TO SPECIFICATIONS COMPATIBLE WITH SERVICE 1.3) COLLABORATIVLEY DEVELOPED AND IMPLEMENTED OPEN-SOURCE SOFTWARE COMPONENTS COMPATIBLE WITH SERVICES 1 AND 2. THIS SERVICE IS ONGOING AND RESULTS IN REGULAR PUBLICATION OF RELEASES AND UPDATES OF THE SOFTWARE.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
47-1110074
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,439,056
Income (IRS master file)
$1,825,234

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$1,214,187$1,013,245$4,207,852IRS
990December 2022$1,086,386$892,624$2,385,281IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about PRPL FOUNDATION INC

What is the EIN of PRPL FOUNDATION INC?
The employer identification number (EIN) of PRPL FOUNDATION INC is 47-1110074.
Is PRPL FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2016.
Are donations to PRPL FOUNDATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does PRPL FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PRPL FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PRPL FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of PRPL FOUNDATION INC?
The 990 for the year ended December 31, 2024 names JASON SAVARD.
Who are the officers and directors of PRPL FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 16 people; 0 received compensation from the organization.
How much revenue does PRPL FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,825,234, expenses of $1,563,096 and total assets of $4,439,056 at year end.

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