2024-11-14T15:21:58-06:00 2023-12-31 582676261 Rogers & Company PLLC 8300 Boone Boulevard Suite 600 Vienna VA 22182 990 2023-01-01 854329649 The Sia Foundation Inc SIAF 7818053482 75 North Main St 6016 Randolph MA 02368 Nathaniel Maninger President 7818053482 2024-11-14 1 1 Jie Chen CPA P01049760 7038930300 2023 2024-10-15 13:58:12Z Nathaniel Maninger 75 North Main St 6016 Randolph MA 02368 8253546 0 X https://sia.tech X 2020 DE The Sia Foundation, Inc. is a 501(c)(3) non-profit dedicated to revolutionizing data storage through decentralization. 3 0 7 0 0 0 10751353 5750322 0 0 -8699021 1047662 0 0 2052332 6797984 360507 682331 0 0 987591 1454233 0 0 0 960005 1272791 2308103 3409355 -255771 3388629 28791779 42587999 2281 28783 28789498 42559216 The Sia Foundation, Inc. is a 501(c)(3) non-profit dedicated to revolutionizing data storage through decentralization. 0 0 1539592 6593 Protocol - The Sia Foundation exists to strengthen the Sia protocol through research and development by funding developers and other protocol needs. 747575 645997 Grants Program - Program dedicated to funding research, development, developer tools, and anything else that will support and further our mission of user-owned data. 208401 29741 Community - Program dedicated to education and outreach to educate people on Sia, our mission of user-owned data, and the importance of decentralized cloud storage. 2495568 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 4 0 1 7 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X Watts Group Inc 7038658292 4161 Chain Bridge Road Fairfax VA 22030 Eddie Wang Chairman/Secretary 0.50 X X 0 0 0 Luke Champine President/Treasurer/Core Developer 40.00 X X 262526 0 28017 Nathaniel Maninger President/Director 40.00 X X 244842 0 26297 Alexander Freska Frontend Engineer 40.00 X 224630 0 26411 Frances Lu Operations Director 40.00 X 184791 0 30126 Steven Funk Director of People and Support 40.00 X 178273 0 41225 1095062 0 152076 5 0 1 0 Schinnerl Engineering Consultancy GmbH Postfach 8952 Schlieren SZ Research, software architecture, softwar 368000 Brone Engineering and Consultancy CommV Rijselstraat 230 8200 SintMichiels BE Research, software architecture, softwar 242139 2 5750322 5750322 5750322 173487 173487 2329737 1455562 874175 874175 874175 6797984 0 0 1047662 X 234891 234891 17503 17503 429937 429937 561682 403801 157881 710979 511135 199844 28575 20543 8032 72225 51923 20302 80772 58068 22704 136964 5410 131554 47967 47967 928563 640238 288325 30136 30136 39897 22509 17388 23127 23127 45431 45431 916 916 1189 1189 7740 7740 Fees 9555 9555 Taxes and licenses 1306 1306 3409355 2495568 913787 0 747118 1220826 15500382 14151775 6541 5984 5948 2646 4491 3302 12533247 27206112 28791779 42587999 2281 28783 2281 28783 X 28789498 42559216 28789498 42559216 28791779 42587999 3388629 10381089 0 X 0 1 X 1 0 X 41668273 10751353 5750322 58169948 41668273 10751353 5750322 58169948 58169948 382 173487 173869 58343817 X 5948 2646 3302 3302 X 17179073 10381089 10381089 6797984 0 6797984 3409355 0 3409355 0 3409355 Part X, Line 2: The Foundation is exempt from the payment of income taxes on its exempt activities under Section 501(c)(3) of the Internal Revenue Code (IRC). No provision for income taxes has been made, as there were no unrelated business activities for the year ended December 31, 2023. Management has evaluated The Foundation's tax positions and concluded that the financial statements do not include any uncertain tax positions. 1 Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium 0 0 Grants to recipients 429937 0 0 0 0 0 0 429937 0 429937 Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium Research and development 52800 0 East Asia and the Pacific Research and development 78700 0 Sub-Saharan Africa Research and development 0 5752 Cryptocurrency FMV based on USD Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium Research and development 15170 0 Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium Research and development 26170 0 North America Research and development 26520 0 0 6 Research and development Europe (Including Iceland & Greenland) 5 166790 Research and development Sub-Saharan Africa 2 55890 0 0 0 0 0 0 Part I, Line 2: Progress made by grantees is made public. The Sia Foundation also reaches out to grantees to ensure grant funds are utilized appropriately and progress is being made on the funded projects. 1 Messari Inc 228 Park Ave S PMB 52631 New York City NY 10003 823987078 120000 0 FMV Cryptocurrency Research Hammer Technologies LLC 100 Quartz Drive Jacksonville NC 28540 833782997 67500 0 FMV Cryptocurrency Development 0 2 Research and development 2 17503 Part I, Line 2: Progress made by grantees is made public. The Sia Foundation also reaches out to grantees to ensure grant funds are utilized appropriately and progress is being made on the funded projects. X 1 0 X X X X X 0 0 0 0 0 0 0 0 0 Luke Champine President/Treasurer/Core Developer 249997 0 10800 0 1729 0 10511 0 17506 0 290543 0 0 0 Nathaniel Maninger President/Director 227892 0 15000 0 1950 0 9176 0 17121 0 271139 0 0 0 Alexander Freska Frontend Engineer 204541 0 10800 0 9289 0 8914 0 17497 0 251041 0 0 0 Steven Funk Director of People and Support 168478 0 9010 0 785 0 7263 0 33962 0 219498 0 0 0 Frances Lu Operations Director 175791 0 9000 0 0 0 7468 0 22658 0 214917 0 0 0 Part I, Line 1a Compensation for business trips in which Foundation employee's spouses accompanied them, was disbursed in accordance with company's travel policy. This amount was subsequently included in employee's taxable wages. ConvictionHQ LLC Business owned by Chair Eddie Wang 72000 Software Development and Consulting 0 X Cryptocurrencies 0 5750322 0 0 0 Form 990, Part VI, Section B, line 11b Each member of the Board of Directors receive a copy of the Form 990 prior to filing. The Board of Directors then review and discuss each part of the Form 990. Documentation of the review is recorded in meetings minutes. Form 990, Part VI, Section B, line 12c The Sia Foundation has a Board approved conflict of interest policy. The Board and staff annually acknowledge and disclose if they have engaged in transactions that present conflicts of interest. Form 990, Part VI, Section B, line 15 Compensation for the President and key employees is reviewed and determined by research on comparability data of similarly qualified people in roles at other non-profit organizations with a similar budget. The President's salary is reviewed and determined by the Board of Directors, with no members that have a conflict of interest in the process. Form 990, Part VI, Section C, line 19 The documents are made public on a Non-Profit Organization/Public Charities website and provided upon request. Form 990, Part IX, line 11g Other professional fees: Program service expenses 640,238. Management and general expenses 288,325. Fundraising expenses 0. Total expenses 928,563.