Sovrin Foundation

Community development organization based in Salt Lake City, UT.0 Exempt under §501(c)(4).

MissionThe purpose of the foundation (Sovrin) is to provide a global public utility for self-sovereign (i.e. user controlled) internet identity that streamlines interactions and enables stronger levels of trust among all individuals, organizations and things.

Financial snapshot · TY 2020

$777K
Total revenue
$968K
Total expenses
$60K
Net assets

Financial health · TY 2024

8
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
0
-231.4 months of expenses
Program efficiency
18
57.4% spent on programs
Revenue diversity
1
Mix of program fees, grants & contributions

Leadership compensation

$133,750
70th percentile vs. peers
$52,500
29th percentile vs. peers

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Sovrin Foundation Executive Compensation | 990 Data | DoubleNine