Overview
What is Prpl Foundation Inc?
Prpl Foundation Inc is a collaborative nonprofit organization, primarily focusing on fostering an open-source community that promotes security and interoperability in Internet of Things (IoT) devices and smart societies. Historically, it emerged around the MIPS ecosystem, but has since evolved to be instruction set-neutral. The foundation's mission is to bring together key industry players such as service providers, original equipment manufacturers, system integrators, chip vendors, and application developers. They collaborate to harmonize home network architecture, standardize open APIs and industry standards, and then develop a reference implementation of open-source infrastructure. This shared framework enables a swift and straightforward deployment of innovative third-party applications on various customer-premises equipment platforms, fostering high-velocity, service-driven innovation.
Official website here: www.prplfoundation.org/
Is Prpl Foundation Inc legitimate?
Prpl Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Prpl Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Official website here: www.prplfoundation.org/
What is the mission statement of Prpl Foundation Inc?
The Prpl Foundation is an open-source community focused on promoting standardization in the broadband customer premises equipment sector. It brings together various stakeholders, including service providers, original equipment manufacturers, system integrators, chip vendors, and application developers, to harmonize home network architecture and deliver open-source reference implementations of standardized infrastructure. The mission of the Prpl Foundation is to develop, support, and promote an open-source, community-driven consortium, with a focus on enabling the security and interoperability of embedded devices for the Internet of Things (IoT) and the smart society of the future. Any amendments to the foundation's mission require a unanimous vote from all platinum directors. The Prpl Foundation initially emerged around the MIPS ecosystem but has since evolved to be instruction set-neutral in its approach.
Official website here: www.prplfoundation.org/
Who is the CEO of Prpl Foundation Inc?
Thomas Staneker is the President of Prpl Foundation Inc.
Official website here: www.prplfoundation.org/
What is the revenue of Prpl Foundation Inc?
Prpl Foundation Inc's revenue in 2022 was $1,086,386.
Official website here: www.prplfoundation.org/
Who are the executives of Prpl Foundation Inc and what are their salaries?
There 9 volunteers at Prpl Foundation Inc.
Here are 14 key members and their salaries:
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Official website here: www.prplfoundation.org/
Where can I find the form 990 for Prpl Foundation Inc?
Prpl Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.prplfoundation.org/
Learn more at the official website: www.prplfoundation.org/
Mission Statement of Prpl Foundation Inc
The Prpl Foundation Inc, a collaborative open-source community, is dedicated to fostering carrier-grade software for broadband customer premise equipment, as per the operator members' specifications. Its mission is twofold. Firstly, it brings together various stakeholders such as service providers, original equipment manufacturers, system integrators, chip vendors, and application developers to harmonize home network architecture. Secondly, it commonizes a reference implementation of standardized open-source infrastructure built on top of open APIs and open industry standards. This approach enables a service delivery ecosystem, including innovative third-party applications that can be rapidly and effortlessly deployed across different customer premise platforms. The mission of the Prpl Foundation Inc can only be amended through a unanimous vote of all Platinum Directors, as outlined in its bylaws.
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Impact
October, 2024
Prpl Foundation Inc has a significant impact by fostering collaboration across various sectors in the broadband and IoT industries. It acts as a catalyst for innovation by uniting service providers, OEMs, system integrators, chip vendors, and application developers to create a harmonized framework for customer-premise equipment (CPE). By focusing on open APIs and open industry standards, Prpl promotes interoperability and security in embedded devices, facilitating a robust ecosystem for the Internet of Things.
The foundation's efforts in developing standardized open-source infrastructure enhance service delivery, enabling innovative third-party applications to be deployed across diverse platforms quickly and efficiently. This not only streamlines the integration of new technologies but also drives down costs and promotes the adoption of advanced solutions in homes and businesses.
Through its commitment to high-velocity, service-driven innovation, Prpl Foundation plays an essential role in shaping the smart society of the future, ultimately contributing to a more interconnected and efficient world. By prioritizing open-source collaboration, it empowers stakeholders to adapt to the evolving technology landscape and meet the increasing demands of consumers for seamless and secure connectivity.
This information is meant to be a general summary of Prpl Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $34
- Program Service Revenue: $1,029,048
- Gross Receipts: $1,086,386
Assets and Liabilities:
- Total Assets: $2,385,281
- Total Liabilities: $2,148,943
- Net Assets: $236,338
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$992,083
EVENT
Revenue
$36,965
Organization Details
Founding Year
2014
Phone
(781) 876-8914Principal Officer
Thomas Staneker
Main Address
401 EDGEWATER PLACE 600, WAKEFIELD, MA, 01880
Website
www.prplfoundation.org/NTEE Category
Code: U03 - Science research
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