Facebook was once mired in the mobile-advertising doldrums. That was so 2012.

Social network giant Facebook reported soaring profits during the first quarter of 2014, driven by a major surge in advertising revenue.

Who is to blame for Facebook’s initial public offering?

Facebook’s top executives, including chief executive Mark Zuckerberg, are eligible for twice-a-year bonuses of up to 45% of their base salaries and other earnings, according to a recent regulatory filing.