De Novo Group
- Assets
- $171.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Beaverton, OR
- Founding
- 09/2010
- Data as of
- 06/2023
- EIN
- 26-3544198
Organization Overview
De Novo Group is located in Beaverton, OR. The organization was established in 2010. According to its NTEE Classification (W02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2023, DE Novo Group employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. DE Novo Group 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 06/2023, DE Novo Group generated $27.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (34.5%) each year. All expenses for the organization totaled $150.5k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
DE NOVO GROUP ADVANCES AFFORDABLE BROADBAND INTERNET CONNECTIVITY FOR RURAL COMMUNITIES AROUND THE WORLD THROUGH RESEARCH AND DEVELOPMENT, AN OPEN SOURCE SOFTWARE PROJECT, AND BEST PRACTICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yahel Ben-David CEO | 20 | $82,500 | |
Eric Brewer Board Member | 1 | $0 | |
Tamir Scheinok Coo/cfo | 20 | $82,500 | |
Dr Rabin Patra Secretary | 1 | $0 | |
Annalee Saxenian Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $27,561 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $27,561 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $44,676 |
| Professional fees and other payments to independent contractors | $84,181 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,679 |
| Total expenses | $150,536 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $170,373 |
| Other assets | $0 |
| Total assets | $170,966 |
| Total liabilities | $6,369 |
| Net assets or fund balances | $164,597 |