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Zcash Foundation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Science and Technology Research Institutes, Services N.E.C. (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$4.75M (2023)

Expenses
$9.92M (2023)

Total Assets
$16.2M (2023)

Total Liabilities
$146k (2023)

Source: Form 990 tax filings from 2017 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,745,458
Expenses
$9,916,662
Net Income
-$5,171,204
Net Assets
$16,010,266
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,608,672
> 100%
Program Services $18,254
0.4%
Investment Income $27,900
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$909,368
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $502,422
5.1%
Professional Fundraising Fees $0
Other Salaries and Wages $834,685
8.4%
Assets/Debt
Total Assets $16,155,832
Total Liabilities $145,566
Net Assets $16,010,266
Compensation
Key Employees and Officers Compensation Related Other
Jack Gavigan (Executive Director) $273,678 $0 $0
Deirdre Connolly (Cryptography Engineer) $261,240 $0 $7,265
Alex Bornstein (Chief Operating Officer) $223,167 $0 $5,578
Danika Delano (Operations Director) $120,083 $0 $8,763
Daniel Wolande (Ecosystems Relations Manager) $106,006 $0 $0
Andrew Miller (Chairman/Treasurer) $0 $0 $0
Peter Van Valkenburgh (Director) $0 $0 $0
Amber Baldet (Director) $0 $0 $0
Jay Verret (Director) $0 $0 $0
Martha Belcher (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,972,220
Expenses
$7,098,547
Net Income
$5,873,673
Net Assets
$21,613,365
Notable Sources of Revenue Percent of Total Revenue
Contributions $14,939,418
> 100%
Program Services $20,979
0.2%
Investment Income $4,062
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$1,992,239
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $477,805
6.7%
Professional Fundraising Fees $0
Other Salaries and Wages $499,089
7.0%
Assets/Debt
Total Assets $21,828,619
Total Liabilities $215,254
Net Assets $21,613,365
Compensation
Key Employees and Officers Compensation Related Other
Deirdre Connolly (Cryptography Engineer) $324,933 $0 $8,700
Jack Gavigan (Executive Director) $256,642 $0 $0
Alex Bornstein (Chief Operating Officer) $215,585 $0 $5,578
Danika Delano (Operations Director) $121,401 $0 $8,557
Andrew Miller (Chairman/Treasurer) $0 $0 $0
Peter Van Valkenburgh (Director) $0 $0 $0
Matthew Green (Director) $0 $0 $0
Amber Baldet (Director) $0 $0 $0
Ian Miers (Director) $0 $0 $0
Jw Verret (Director) $0 $0 $0
Marta Belcher (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$26,447,593
Expenses
$5,647,560
Net Income
$20,800,033
Net Assets
$31,121,137
Notable Sources of Revenue Percent of Total Revenue
Contributions $25,641,403
97.0%
Program Services $0
Investment Income $2,481
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $803,709
3.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $307,131
5.4%
Professional Fundraising Fees $0
Other Salaries and Wages $531,803
9.4%
Assets/Debt
Total Assets $32,799,974
Total Liabilities $1,678,837
Net Assets $31,121,137
Compensation
Key Employees and Officers Compensation Related Other
Deirdre Connolly (Cryptography Engineer) $302,842 $0 $8,714
Chelsea Komlo (Cryptography Researcher & Engineer) $190,551 $0 $8,638
Jack Gavigan (Executive Director) $142,100 $0 $0
Alex Bornstein (Chief Operating Officer) $102,217 $0 $3,368
Danika Delano (Operations Director) $101,050 $0 $8,576
Antonie Hodge (Director) $37,800 $0 $0
Josh Cincinnati (Executive Director) $21,646 $0 $0
Andrew Miller (Chairman/Treasurer) $0 $0 $0
Peter Van Valkenburgh (Director) $0 $0 $0
Matthew Green (Director) $0 $0 $0
Amber Baldet (Director) $0 $0 $0
Ian Miers (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,321,617
Expenses
$2,818,733
Net Income
$1,502,884
Net Assets
$15,436,255
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,308,228
99.7%
Program Services $0
Investment Income $13,389
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $399,113
14.2%
Professional Fundraising Fees $0
Other Salaries and Wages $1,175,131
41.7%
Assets/Debt
Total Assets $15,535,732
Total Liabilities $99,477
Net Assets $15,436,255
Compensation
Key Employees and Officers Compensation Related Other
Henry De Valence (Principal Cryptographic Researcher) $311,379 $0 $8,980
Deirdre Connolly (Cryptography Engineer) $295,225 $0 $9,673
George Tankersley (Principal Cryptographic Researcher) $278,968 $0 $9,199
Antonie Hodge (Operations Director/Secretary) $196,160 $0 $0
Josh Cincinnati (Executive Director) $179,500 $0 $23,453
Chelsea Komlo (Cryptography Researcher & Engineer) $122,535 $0 $6,699
Jane Lusby (Rust Systems Engineer) $114,941 $0 $12,007
Andrew Miller (Chairman/Treasurer) $0 $0 $0
Peter Van Valkenburgh (Director) $0 $0 $0
Matthew Green (Director) $0 $0 $0
Amber Baldet (Director) $0 $0 $0
Ian Miers (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,505,470
Expenses
$2,664,792
Net Income
$3,840,678
Net Assets
$8,768,317
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,426,138
98.8%
Program Services $52,986
0.8%
Investment Income $26,346
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $311,398
11.7%
Professional Fundraising Fees $0
Other Salaries and Wages $705,882
26.5%
Assets/Debt
Total Assets $8,831,719
Total Liabilities $63,402
Net Assets $8,768,317
Compensation
Key Employees and Officers Compensation Related Other
Henry De Valence (Principal Cryptographic Researcher (Mathematician)) $267,872 $0 $5,602
Josh Cincinnati (Executive Director) $185,333 $0 $18,148
George Tankersley (Director Of Engineering) $160,417 $0 $3,242
Deirdre Connolly (Core Engineer) $145,032 $0 $4,600
Antonie Hodge (Secretary) $107,917 $0 $0
Andrew Miller (Chairman/Treasurer) $0 $0 $0
Peter Van Valkenburgh (Director) $0 $0 $0
Matthew Green (Director) $0 $0 $0
Amber Baldet (Director) $0 $0 $0
Ian Miers (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,294,238
Expenses
$1,171,302
Net Income
$13,122,936
Net Assets
$8,512,525
Notable Sources of Revenue Percent of Total Revenue
Contributions $14,210,732
99.4%
Program Services $83,165
0.6%
Investment Income $341
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $248,283
21.2%
Professional Fundraising Fees $0
Other Salaries and Wages $62,381
5.3%
Assets/Debt
Total Assets $8,549,182
Total Liabilities $36,657
Net Assets $8,512,525
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Josh Cincinnati (Executive Director) $147,662 $0 $15,103
Antonie Hodge (Secretary) $81,025 $0 $4,493
Andrew Miller (Chairman/Treasurer) $0 $0 $0
Matt Green (Director) $0 $0 $0
Peter Van Valkenburgh (Director/Former Secretary) $0 $0 $0
Naval Ravikant (Director) $0 $0 $0
Yan Zhu (Director) $0 $0 $0
Ian Miers (Director) $0 $0 $0
Amber Baldet (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$409,899
Expenses
$166,794
Net Income
$243,105
Net Assets
$330,298
Notable Sources of Revenue Percent of Total Revenue
Contributions $409,872
100.0%
Program Services $0
Investment Income $27
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $15,022
9.0%
Assets/Debt
Total Assets $336,905
Total Liabilities $6,607
Net Assets $330,298
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Andrew Miller (Chairman And Treasurer) $0 $0 $0
Peter Van Valkenburgh (Secretary) $0 $0 $0
Matthew Green (Director) $0 $0 $0
Yan Zhu (Director) $0 $0 $0
Naval Ravikant (Director) $0 $0 $0

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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