WORLD WIDE WEB CONSORTIUM INC

EIN: 844023862 501(c)(3) Science & Technology

WAKEFIELD, MA

Total Revenue
$7,071,076
Total Expenses
$5,004,956
Total Assets
$4,886,410
Net Assets
$1,878,928
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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
DE
Principal Officer
SETH DOBBS
Phone
3392732711
Tax Period
2023-01-01 to 2023-12-31

WORLD WIDE WEB CONSORTIUM INC, founded in 2019, is a community nonprofit in the Science & Technology sector that reported $7.1M in total revenue in fiscal year 2023. Revenue surged 8663% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.1M, a strong 29% operating margin.

Mission

THE W3C MISSION IS TO LEAD THE WORLD WIDE WEB TO ITS FULL POTENTIAL BY DEVELOPING STANDARDS AND GUIDELINES THAT ENSURE THE LONG-TERM GROWTH OF THE WEB. BELOW WE DISCUSS IMPORTANT ASPECTS OF THIS MISSION ALL OF WHICH FURTHER W3C'S VISION OF THE WEB. TO ACHIEVE OUR VISION TO MAKE THE WEB WORK, FOR EVERYONE, WE UPHOLD THE FOLLOWING CORE VALUES:-THE WEB IS FOR ALL HUMANITY.-THE WEB IS DESIGNED FOR THE GOOD OF ITS USERS.-THE WEB MUST BE SAFE FOR ITS USERS.-THERE IS ONE INTEROPERABLE WORLD-WIDE WEB. WE ARE AN OPEN FORUM WHERE DIVERSE VOICES FROM AROUND THE WORLD AND INDUSTRIES COME TOGETHER, INCUBATE AND BUILD CONSENSUS FOR GLOBAL STANDARDS FOR WEB TECHNOLOGIES.WE ARE SOCIALLY RESPONSIBLE AND COMMITTED TO ENSURE THAT THE WEB IS FOR EVERYONE; WE GREATLY EMPHASIZE ACCESSIBILITY, INTERNATIONALIZATION,PRIVACY, AND SECURITY. WE ARE COMMITTED TO DEVELOPING OPEN AND ROYALTY-FREE STANDARDS WITH HIGH FOCUS ON INTEROPERABILITY AND COLLECTIVE EMPOWERMENT.

Program Service Accomplishments

Program 1
Expenses: $4,036,338 Revenue: $5,870,411

DEVELOPMENT OF WEB STANDARDS: STANDARDS DEVELOPED BY THE CONSORTIUM ARE ADOPTED VOLUNTARILY. THEY MUST THEREFORE BE OF THE HIGHEST QUALITY. IN ADDITION, THEY MUST MEET REAL WORLD NEEDS, INCLUDING...

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DEVELOPMENT OF WEB STANDARDS: STANDARDS DEVELOPED BY THE CONSORTIUM ARE ADOPTED VOLUNTARILY. THEY MUST THEREFORE BE OF THE HIGHEST QUALITY. IN ADDITION, THEY MUST MEET REAL WORLD NEEDS, INCLUDING OVERCOMING THE MANY BARRIERS FACED BY DISADVANTAGED MEMBERS OF SOCIETY. WEB STANDARDS MUST BALANCE THE DIVERSE NEEDS OF INDUSTRY, ACADEMIA, CIVIL SOCIETY, AND TECHNOLOGISTS, FOR THE ULTIMATE PURPOSE OF SERVING ALL OF HUMANITY. FURTHER, BECAUSE THE WEB IS A GLOBAL INFRASTRUCTURE, THE CONSORTIUM MUST FIND SOLUTIONS THAT ADDRESS A RANGE OF REGIONAL AND CULTURAL REQUIREMENTS. THE CONSORTIUM CONDUCTS ITS WORK IN PUBLIC AND SEEKS WIDE REVIEW ON AN ONGOING BASIS TO HELP ENSURE THAT WIDE-RANGE PERSPECTIVES INFORM CONSENSUS DECISIONS ABOUT FUTURE WEB TECHNOLOGY. IN ADDITION, THE CONSORTIUM'S PROCESS REQUIRES THAT ALL STANDARDS UNDERGO REVIEW BY CHARTERED GROUPS WITH EXPERTISE IN ACCESSIBILITY, INTERNATIONALIZATION, PRIVACY AND SECURITY; THESE GROUPS HELP ENSURE THAT THE STANDARDS MEET THE SOCIAL NEEDS THAT MOTIVATE THE CONSORTIUM'S MISSION. THIS IS KNOWN IN THE CONSORTIUM AS "HORIZONTAL REVIEW," BECAUSE IT IS APPLIED ACROSS STANDARDIZATION ACTIVITIES. APPROXIMATELY 59% OF THE CONSORTIUM'S TIME AND 59% OF THE CONSORTIUM'S OVERALL RESOURCES WILL BE ALLOCATED TO THIS ACTIVITY.RESEARCH: THE CONSORTIUM, WITH PARTNERS AND COLLABORATORS, CONDUCTS RESEARCH INTO NEW TECHNOLOGIES, APPLICATIONS, AND BEST PRACTICES RELATED TO THE WEB. FOR EXAMPLE, IN THE FIELD OF WEB PRIVACY, THE CONSORTIUM'S COORDINATION OF STANDARDIZATION WORK IMPROVES SUPPORT FOR USER PRIVACY ON THE WEB AND DEVELOPS GENERAL EXPERTISE IN PRIVACY-BY-DESIGN FOR WEB STANDARDS. APPROXIMATELY 24% OF THE CONSORTIUM'S TIME AND 24% OF THE CONSORTIUM'S OVERALL RESOURCES WILL BE ALLOCATED TO THIS ACTIVITY.EDUCATIONAL MATERIALS/RESOURCES: THROUGH THE EFFORTS OF THE CONSORTIUM'S STAFF AND VOLUNTEERS (INCLUDING THE W3C MEMBERS), THE CONSORTIUM PRODUCES WRITTEN DELIVERABLES THAT INCLUDE STANDARDS, GUIDELINES, AND TOOLS THAT ARE MADE AVAILABLE TO THE PUBLIC FOR FREE AND HELP WEB DEVELOPERS WORLDWIDE IMPROVE THEIR SITES IN TERMS OF ACCESSIBILITY AND INTERNATIONALIZATION. THE CONSORTIUM'S STANDARDS HAVE BEEN GLOBALLY RECOGNIZED IN A VARIETY OF WAYS, INCLUDING THROUGH REGULATORY REQUIREMENTS RELATED TO ACCESSIBLE WEB SITES, AND WITH AN EMMY AWARD FOR THE CONSORTIUM'S STANDARDS TO MAKE VIDEO CONTENT MORE ACCESSIBLE ON THE WEB WITH TEXT CAPTIONING AND SUBTITLES. APPROXIMATELY 12% OF THE CONSORTIUM'S TIME AND 12% OF THE CONSORTIUM'S OVERALL RESOURCES WILL BE ALLOCATED TO THIS ACTIVITY.EDUCATIONAL COURSES: THE CONSORTIUM DEVELOPS FREE EDUCATIONAL COURSES ("W3Cx") TO INFORM DEVELOPERS ABOUT WEB BEST PRACTICES, INCLUDING WEB ACCESSIBILITY. APPROXIMATELY 5% OF THE CONSORTIUM'S TIME AND 5% OF THE CONSORTIUM'S OVERALL RESOURCES WILL BE ALLOCATED TO THIS ACTIVITY.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,210,422
Program Service Revenue $5,870,411
Investment Income $-9,757
Other Revenue $0
TOTAL REVENUE $7,071,076

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,491,987
Fundraising Expenses $0
Program Expenses $4,036,338
Other Expenses $3,512,969
TOTAL EXPENSES $5,004,956

Year-over-Year Comparison

2023 2022 Change
Revenue $7,071,076 $80,691 +86.6%
Expenses $5,004,956 $270,834 +17.5%
Net Income $2,066,120 $-190,143 -11.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
8
Volunteers
10000

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
4
$550,591
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RALPH SWICK COO 40.00
Officer
$314,456 $1,705 $316,161
JOHN A BIRD Business development 40.00
$207,228 $0 $207,228
WILLIAM JUDGE CFO 40.00
Officer
$176,594 $23,019 $199,613
PHILIPPE P LE HEGARET PROJECT MANAGEMENT 40.00
$188,310 $0 $188,310
SAMUEL WEILER WEB SECURITY 40.00
$136,716 $1,060 $137,776
SETH DOBBS CEO 40.00
Officer
$34,817 $0 $34,817
DAVID SINGER Chairman 5.00
Director
$0 $0 $0
ROBIN BERJON Director 5.00
Director
$0 $0 $0
GONZALO CAMARILLO Director 5.00
Director
$0 $0 $0
DOMINIQUE HAZAEL-MASSIEUX Director 5.00
Director
$0 $0 $0
CHUNMING HU Director 5.00
Director
$0 $0 $0
KOICHI MORIYAMA Director 5.00
Director
$0 $0 $0
JUN MURAI Director 5.00
Director
$0 $0 $0
ERIC SIOW Director 5.00
Director
$0 $0 $0
LEONIE WATSON Director 5.00
Director
$0 $0 $0
HONGRU JUDY ZHU Director 5.00
Director
$0 $0 $0
MARK NOTTINGHAM Secretary 5.00
Officer 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
2024 No data No data No data No data
2023 $7,071,076 $5,004,956 $4,886,410 $2,066,120
2022 $57,450 $116,411 $955,652 $-58,961
2022 $80,691 $270,834 $861,365 $-190,143
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