Nonprofit · EIN 54-2078469
B612 FOUNDATION
Tax-exempt · MILL VALLEY, CA 94942
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $5,593,484 | $4,261,919 | $1,331,565 | $6,257,259 | $1,533,766 | $4,723,493 |
| December 31, 2023 | 990 | $3,420,079 | $2,787,298 | $632,781 | $4,997,754 | $1,612,707 | $3,385,047 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $5,534,344
- Program service revenue
- $0
- Investment income
- $41,707
- Net gain from sales of assets
- -$482
- Other revenue
- $17,433
Expenses
- Grants and similar amounts paid
- $120,205
- Compensation of officers, directors and key employees
- $412,290
- Other salaries and wages
- $443,226
- Salaries, compensation and benefits (total)
- $914,600
- Professional fundraising fees
- $0
- Legal fees
- $3,318
- Accounting fees
- $128,940
- Occupancy
- $28,700
- Travel
- $77,398
- Depreciation
- $929,263
- Program services (functional)
- $3,923,294
- Management and general (functional)
- $260,188
- Fundraising (functional)
- $78,437
Balance sheet and other
- Total assets, start of year
- $4,997,754
- Total assets, end of year
- $6,257,259
- Total liabilities, end of year
- $1,533,766
- Net assets, end of year
- $4,723,493
- Publicly traded securities
- $22,897
- Net assets without donor restrictions
- $1,747,492
- Net assets with donor restrictions
- $2,976,001
- Gross receipts
- $5,631,965
- Employees
- 8
- Volunteers
- 6
- Year formed
- 2003
- State of legal domicile
- CA
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 |
|---|---|---|---|---|
| A Koumjian | Head of Software Engineering Highest-paid employee | 40 | $250,000 | $43,940 |
| Danica Remy | Board Director/President Trustee or director, Officer | 40 | $165,000 | $51,835 |
| Dr Edward Lu | Board Secr/Exec Dir Asteroid Inst Trustee or director, Officer | 20 | $132,000 | $63,455 |
| N Tellis | Software Engineer Highest-paid employee | 40 | $160,000 | $22,105 |
| K Kiker | Software Engineer Highest-paid employee | 40 | $155,581 | $21,732 |
| C Fiaschetti | Director, Special Projects Highest-paid employee | 40 | $140,000 | $20,595 |
| Peter Schwartz | Board Chair Trustee or director, Officer | 2 | $0 | $0 |
| Geoffrey Baehr | Board Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Dr Clark Chapman | Director Trustee or director | 1 | $0 | $0 |
| Garrett Gruener | Director Trustee or director | 1 | $0 | $0 |
| Alida Rincoin | Director Trustee or director | 1 | $0 | $0 |
| Lawrence Wilkinson | Director Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| A Koumjian | Head of Software Engineering Highest-paid employee | 40 | $250,000 | $30,177 |
| Danica Remy | Board Director/President Trustee or director, Officer | 40 | $165,000 | $39,692 |
| Dr Edward Lu | Board Secr/Exec Dir Asteroid Inst Trustee or director, Officer | 20 | $132,000 | $53,973 |
| K Kiker | Software Engineer Highest-paid employee | 40 | $160,000 | $9,904 |
| N Tellis | Software Engineer Highest-paid employee | 40 | $160,000 | $7,412 |
| C Fiaschetti | Director, Special Projects Highest-paid employee | 40 | $130,000 | $22,664 |
| S Nelson | Software Engineer Highest-paid employee | 40 | $106,549 | $20,365 |
| Peter Schwartz | Board Chair Trustee or director, Officer | 2 | $0 | $0 |
| Geoffrey Baehr | Board Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Dr Clark Chapman | Director Trustee or director | 1 | $0 | $0 |
| Dr Dan Durda | Director through 11/2023 Trustee or director | 1 | $0 | $0 |
| Garrett Gruener | Director Trustee or director | 1 | $0 | $0 |
| Lawrence Wilkinson | Director Trustee or director | 1 | $0 | $0 |
| Alida Rincoin | Director start 11/2023 Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 100, MILL VALLEY, CA 94942-0100
- Principal officer (990 for 2024)
- Danica Remy, PO Box 100, Mill Valley, CA 949420100
- Signed the 990
- Danica Remy, President
- Phone
- (650) 644-4539
- Website
- www.b612foundation.org
- 990-N for 2010 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Edward Lu, 12332 Kosich Place, Saratoga CA 95070. Mailing address: 760 5th St E, Sonoma CA 95476.
- Return prepared by
- Baker Tilly Advisory Group LP
California records
California keeps its own records of charities and corporations. Search them by EIN 54-2078469 or by the name B612 FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
Develops tools and technologies to understand, map, and navigate our solar system and to protect Earth from asteroid impacts. Our mission combines science, technology, education, and advocacy programs.
Program accomplishments
- Asteroid Institute - In 2024, the Asteroid Institute advanced asteroid discovery by identifying 27,500 new asteroids using large-scale computation on the ADAM platform applied to archival datasets. ADAM combined curated datasets totaling 5.3 billion point sources, expanding our unified collection of observations and enabling future discoveries. We strengthened collaborations with the Minor Planet Center and ATLAS Observatory, refined open-source tools for global researchers, and prepared for the Vera Rubin Observatory's first light in 2025 to transform solar system mapping. Learn more at B612.aiExpenses $3,422,922 · grants $109,405
- Asteroid Education and Advocacy - At Google Next, B612's partnership with Google Cloud was featured for enabling discovery of previously undetected asteroids using large-scale computation on the ADAM platform. During 2024, B612 sustained support for the LSST Solar System Science Collaboration, funding software tools, technical workshops, and fellowships to improve Rubin Observatory data analysis and coordination. Outreach included a prize-winning thesis presentation at the IAU, public programs during the solar eclipse in Texas, and expanded mentoring at observatories to strengthen global asteroid research. Asteroid Day, recognized by the United Nations each June 30, grew to 600 events worldwide in 2024. Learn more at b612foundation.orgExpenses $474,372 · grants $800
- Schweickart Prize Program - The Schweickart Prize, established in 2023 and named for Apollo 9 Astronaut Rusty Schweickart, aims to advance our ability to protect life on Earth from asteroid impacts. In 2024, the Asteroid Institute awarded the first student prize to Joseph "Joe" DeMartini for his SUNSET Collaboration proposal to detect Sunward Near-Earth Objects (SNEOs), which are hard to observe yet pose high impact risk. The ceremony, co-hosted at the Chabot Space & Science Center in Oakland, presented DeMartini with a meteorite and $10,000 grant to help realize the SUNSET Collaboration. Learn more at schweickartprize.orgExpenses $26,000 · grants $10,000
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
- 54-2078469
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2003
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Science and technology (U31)
- Assets (IRS master file)
- $6,257,259
- Income (IRS master file)
- $5,631,965
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $5,593,484 | $4,261,919 | $6,257,259 | IRS |
| 990 | December 2023 | $3,420,079 | $2,787,298 | $4,997,754 | XML |
| 990 | December 2022 | $4,010,605 | $2,572,164 | $4,289,254 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2010 Officer: Edward Lu Filed under this EIN, most likely by a chapter or affiliate | December 31, 2010 | ≤ $50,000 receipts | – | – | e-Postcard |
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 54-2078469).
Questions about B612 FOUNDATION
- What is the EIN of B612 FOUNDATION?
- The employer identification number (EIN) of B612 FOUNDATION is 54-2078469.
- Is B612 FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to B612 FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does B612 FOUNDATION 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 B612 FOUNDATION 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 B612 FOUNDATION 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 B612 FOUNDATION?
- The 990 for the year ended December 31, 2024 names Danica Remy.
- Who are the officers and directors of B612 FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 12 people; 6 received compensation from the organization, the highest $250,000 (A Koumjian, Head of Software Engineering).
- How much revenue does B612 FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $5,593,484, expenses of $4,261,919 and total assets of $6,257,259 at year end.
Other nonprofits in MILL VALLEY
- WOMENS EARTH AND CLIMATE ACTION NETWORK EIN 37-1702450 · last filed 990 for 2024
- IMAGINE WORLDWIDE EIN 82-0990106 · last filed 990 for 2024
- THE REDWOODS-A COMMUNITY OF SENIORS EIN 23-7085414 · last filed 990 for 2025
- MOUNT TAMALPAIS SCHOOL EIN 94-2356968 · last filed 990 for 2025
- MARIN HORIZON SCHOOL INCORPORATED EIN 94-2427732 · last filed 990 for 2025
- KALMANOVITZ CHARITABLE FOUNDATION EIN 94-6760317 · last filed 990-PF for 2024
- NORTH BRIDGE ACADEMY EIN 47-3823645 · last filed 990 for 2025
- BARREL BAG EIN 83-1447494 · last filed 990 for 2024
All nonprofits in MILL VALLEY · California · Science and technology