Information Trust Exchange Governing Association

EIN: 815393558 501(c)(3) Public & Societal Benefit

Williamstown, MA

Total Revenue
$122,958
Total Expenses
$96,440
Total Assets
$34,430
Net Assets
$34,430
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
CA
Principal Officer
William P Densmore Jr
Phone
6174486600
Tax Period
2020-01-01 to 2020-12-31

Information Trust Exchange Governing Association, founded in 2017, is a small nonprofit in the Public & Societal Benefit sector that reported $123K in total revenue in fiscal year 2020. Revenue surged 94% from the prior year, signaling strong growth momentum. The organization ran a surplus of $27K, a strong 22% operating margin.

Mission

ITEGA seeks to research, develop, test, adopt and /or promote technology and business standards for governing the exchange of information about Internet users, their activities and purchases

Program Service Accomplishments

Program 1
Expenses: $91,145

Consistent with the Organizations mission see part III, Line 1, the Shared User Network Program convened and prepared meetings, reports and webinars, involving more than 100 people, and related...

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Consistent with the Organizations mission see part III, Line 1, the Shared User Network Program convened and prepared meetings, reports and webinars, involving more than 100 people, and related reports, to agree on a common statement on user privacy and to define, develop and plan testing of tools for protecting privacy of user data, initially in the news sector. Initial tool aims to foster an open digital-information marketplace that respects user privacy and trustworthy identity, and include developing a federated single sign on SSO service and an anonymous user data exchange service. Among objectives of these efforts are to a help quality publishers improve the relevance and value of advertising through deeper knowledge about their users collective interests and b create a public-interest internet ecosystem consisting of an individual fast pass for accessing and supporting or paying for trustworthy information.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $57,000
Program Service Revenue $65,889
Investment Income $49
Other Revenue $20
TOTAL REVENUE $122,958

Expense Breakdown

Grants Paid $0
Salaries & Benefits $26,914
Fundraising Expenses $0
Program Expenses $91,145
Other Expenses $69,526
TOTAL EXPENSES $96,440

Year-over-Year Comparison

2020 2019 Change
Revenue $122,958 $63,255 +0.9%
Expenses $96,440 $133,794 -0.3%
Net Income $26,518 $-70,539 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
5

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$26,914
Total Directors
5
$0
Key Employees
1
$26,914
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
William P Densmore Jr Secretary 030.00
Officer Key Emp
$26,914 $0 $26,914
Scott Bradner Director and Treasurer 000.25
Officer Director
$0 $0 $0
Jo Ellen Green Kaiser Director Chair 008.00
Officer Director
$0 $0 $0
Linda K Miller Director 004.00
Director
$0 $0 $0
Ethan R Zuckerman Director 000.25
Director
$0 $0 $0
Christian A Hendricks Director 000.25
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2020 $122,958 $96,440 $34,430 $26,518
2019 $63,255 $133,794 $7,912 $-70,539
2018 $134,790 $64,472 $78,451 $70,318
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