Nonprofit · EIN 87-1704800
DECENTRALIZED WIRELESS FOUNDATION INC
Tax-exempt · JACKSON, WY 83001
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $35,192,479 | $12,973,016 | $22,219,463 | $37,650,061 | $364,377 | $37,285,684 |
| December 31, 2023 | 990 | $14,409,728 | $9,403,267 | $5,006,461 | $19,370,927 | $2,110,169 | $17,260,758 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $63,582
- Investment income
- $35,128,897
- Net gain from sales of assets
- $31,323,778
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $5,978,447
- Salaries, compensation and benefits (total)
- $5,978,447
- Professional fundraising fees
- $0
- Legal fees
- $608,516
- Accounting fees
- $12,633
- Travel
- $130,127
Balance sheet and other
- Total assets, start of year
- $19,370,927
- Total assets, end of year
- $37,650,061
- Total liabilities, end of year
- $364,377
- Net assets, end of year
- $37,285,684
- Net assets without donor restrictions
- $37,285,684
- Gross receipts
- $35,192,479
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2021
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ABHAY KUMAR | CEO & BOARD CHAIR Trustee or director, Officer | 40 | $3,357,672 | $0 |
| NOAH PRINCE | SENIOR DIRECTOR OF ENGINEERING (THRU 08/2024) Highest-paid employee | 60 | $1,395,586 | $17,546 |
| SCOTT SIGEL | CHIEF OPERATING OFFICER Officer | 40 | $1,405,292 | $0 |
| JOSH KERSHNER | GENERAL COUNSEL & SECRETARY Trustee or director, Officer | 41 | $967,784 | $25,358 |
| BRYAN ZETTLER | SOFTWARE ENGINEER Highest-paid employee | 40 | $623,419 | $12,925 |
| MATTHEW THIERY | SOFTWARE ENGINEER Highest-paid employee | 40 | $281,642 | $26,145 |
| SONYA BAUMSTEIN | DIRECTOR OF FINANCE Highest-paid employee | 40 | $258,952 | $24,369 |
| JOSEPH HILLER | SENIOR TECHNICAL DIRECTOR, LORAWAN Highest-paid employee | 40 | $270,909 | $5,258 |
| JAIME WILKINSON | DIRECTOR Trustee or director | 2 | $99,482 | $0 |
| ARMAN DEXFUKI-ARJOMANDI | DIRECTOR Trustee or director | 2 | $76,999 | $0 |
| AMIRA VALLIANI | DIRECTOR Trustee or director | 2 | $45,862 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SCOTT SIGEL | CHIEF OPERATING OFFICER Officer | 40 | $296,233 |
| ABHAY KUMAR | CEO & BOARD CHAIR Officer | 40 | $275,000 |
| JOSH KERSHNER | GENERAL COUNSEL & SECRETARY Trustee or director, Officer | 41 | $272,537 |
| JAIME WILKINSON | DIRECTOR Trustee or director | 2 | $55,551 |
| ARMAN DEXFUKI-ARJOMANDI | DIRECTOR Trustee or director | 2 | $42,997 |
Address and contacts
- Address (IRS master file)
- 680 S CACHE STREET STE 100-10219, JACKSON, WY 83001-8694
- In care of
- % SCOTT SIGEL
- Principal officer (990 for 2024)
- ABHAY KUMAR, 680 S CACHE STREET STE 100-10219, JACKSON, WY 83001
- Signed the 990
- SCOTT SIGEL, COO
- Phone
- (718) 316-2254
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
Mission
TO PROMOTE THE COMMON BUSINESS INTERESTS OF ITS MEMBERS REGARDING THE USE, IMPLEMENTATION, AND DEVELOPMENT OF PEER-TO-PEER WIRELESS NETWORKS.
Program accomplishments
- THE FOUNDATION PROMOTES THE DEVELOPMENT OF PEER-TO-PEER WIRELESS NETWORKS; EDUCATES THE PUBLIC REGARDING THE VALUE OF DECENTRALIZED WIRELESS NETWORKS; PROVIDES GRANTS TO PROJECTS THAT CREATE OPEN SOURCE DEVELOPER TOOLS, NETWORK ANALYTICS, AND EDUCATION REGARDING PEER-TO-PEER WIRELESS NETWORKS; AND CREATES A FRAMEWORK FOR BUSINESSES USING PEER-TO-PEER WIRELESS NETWORKS TO COLLABORATE.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 87-1704800
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $37,650,061
- Income (IRS master file)
- $35,192,479
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $35,192,479 | $12,973,016 | $37,650,061 | XML |
| 990 | December 2023 | $14,409,728 | $9,403,267 | $19,370,927 | XML |
| 990 | December 2022 | $18,547,275 | $5,194,054 | $15,952,668 | IRS |
| 990 | December 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 87-1704800).
Questions about DECENTRALIZED WIRELESS FOUNDATION INC
- What is the EIN of DECENTRALIZED WIRELESS FOUNDATION INC?
- The employer identification number (EIN) of DECENTRALIZED WIRELESS FOUNDATION INC is 87-1704800.
- Is DECENTRALIZED WIRELESS FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2022.
- Are donations to DECENTRALIZED WIRELESS FOUNDATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does DECENTRALIZED WIRELESS 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 DECENTRALIZED WIRELESS 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 DECENTRALIZED WIRELESS 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 DECENTRALIZED WIRELESS FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names ABHAY KUMAR.
- Who are the officers and directors of DECENTRALIZED WIRELESS FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 11 people; 11 received compensation from the organization, the highest $3,357,672 (ABHAY KUMAR, CEO & BOARD CHAIR).
- How much revenue does DECENTRALIZED WIRELESS FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $35,192,479, expenses of $12,973,016 and total assets of $37,650,061 at year end.
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All nonprofits in JACKSON · Wyoming · Community improvement and capacity building