Civic Intelligence

Object Management Group Inc

990 • Fiscal year 2017 • EIN 04-3047994

Apr 01, 2016 to Mar 31, 2017 • Filed on Nov 06, 2017

Organization Profilewww.omg.org

View Organization Page

109 Highland Avenue 3rd FloorNeedham, MA 02494

(781) 444-0404

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$5,533,511

Up $754,824 (+16%) from 2016

Net Assets

Up

-$25,267

Up $504,904 (+95%) from 2016

Liabilities

Up

$5,558,778

Up $249,920 (+4.7%) from 2016

Revenue And Expenses

Revenue

Up

$9,146,901

Up $719,194 (+8.5%) from 2016

Expenses

Up

$8,763,201

Up $1,096,601 (+14%) from 2016

Net Income

Down

$383,700

Down $377,407 (-50%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0-$5.0MAssets 2012: $1,170,772Liabilities 2012: $3,165,595Net Assets 2012: -$1,994,8232012Assets 2013: $1,203,395Liabilities 2013: $3,158,464Net Assets 2013: -$1,955,0692013Assets 2014: $2,005,991Liabilities 2014: $3,904,012Net Assets 2014: -$1,898,0212014Assets 2015: $3,799,174Liabilities 2015: $5,095,459Net Assets 2015: -$1,296,2852015Assets 2016: $4,778,687Liabilities 2016: $5,308,858Net Assets 2016: -$530,1712016Assets 2017: $5,533,511Liabilities 2017: $5,558,778Net Assets 2017: -$25,2672017Assets 2017: $5,556,511Liabilities 2017: $5,558,778Net Assets 2017: -$2,2672017Assets 2018: $4,981,636Liabilities 2018: $5,544,933Net Assets 2018: -$563,2972018Assets 2019: $4,603,223Liabilities 2019: $5,734,841Net Assets 2019: -$1,131,6182019Assets 2020: $2,553,557Liabilities 2020: $4,980,731Net Assets 2020: -$2,427,1742020Assets 2021: $3,447,682Liabilities 2021: $5,391,501Net Assets 2021: -$1,943,8192021Assets 2022: $2,365,622Liabilities 2022: $5,080,758Net Assets 2022: -$2,715,1362022Assets 2023: $2,144,200Liabilities 2023: $4,563,014Net Assets 2023: -$2,418,8142023Assets 2024: $1,237,959Liabilities 2024: $4,694,201Net Assets 2024: -$3,456,2422024

Highlighted filing

2017

Assets$5,533,511
Liabilities$5,558,778
Net Assets-$25,267
Open 2017 Filing

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2012: $3,611,227Expenses 2012: $3,794,915Net Income 2012: -$183,6882012Revenue 2013: $3,373,411Expenses 2013: $3,342,455Net Income 2013: $30,9562013Revenue 2014: $3,690,735Expenses 2014: $3,640,968Net Income 2014: $49,7672014Revenue 2015: $6,237,586Expenses 2015: $5,621,692Net Income 2015: $615,8942015Revenue 2016: $8,427,707Expenses 2016: $7,666,600Net Income 2016: $761,1072016Revenue 2017: $9,146,901Expenses 2017: $8,763,201Net Income 2017: $383,7002017Revenue 2017: $9,146,901Expenses 2017: $8,740,201Net Income 2017: $406,7002017Revenue 2018: $8,867,442Expenses 2018: $9,430,625Net Income 2018: -$563,1832018Revenue 2019: $8,803,570Expenses 2019: $9,328,528Net Income 2019: -$524,9582019Revenue 2020: $7,527,338Expenses 2020: $8,682,134Net Income 2020: -$1,154,7962020Revenue 2021: $6,748,257Expenses 2021: $6,264,902Net Income 2021: $483,3552021Revenue 2022: $6,803,088Expenses 2022: $7,574,405Net Income 2022: -$771,3172022Revenue 2023: $6,885,965Expenses 2023: $7,016,694Net Income 2023: -$130,7292023Revenue 2024: $5,560,611Expenses 2024: $6,598,039Net Income 2024: -$1,037,4282024

Highlighted filing

2017

Revenue$9,146,901
Expenses$8,763,201
Net Income$383,700
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2016 to Mar 31, 2017
Signed
Nov 6, 2017
Return Version
2016v3.0
Gross Receipts
$9,678,566
Mission and Program Overview

Mission

The primary purpose of Object Management Group, Inc. (the "Consortium") is to create standardization according to the Consortium's specifications for new object-orientated software programs that will run on the majority of the world's computers, regardless of manufacturer, type or size. Once this is accomplished, computer programs will be easier to use because a user will be able to adapt the attributes of a computer program to a different computer program. These attributes will be contained in blocks of information which will be shown on the computer screen as icons. These icons can be used with any program and will allow any program to use functions contained in another program. Establishing standards such as these will benefit users who will be able to take advantage of these standards to meet all of a user's requirements.

The purposes of the Organization are: to promote object-oriented applications integration based on appropriate industry standards, a model-driven architectural approach to software design and the application of modeling and middleware technology to specific virtual markets; to foster building communities in modern computing technology; to promote frameworks for compatible and independent development of applications; to enable coordination among applications across heterogeneous networked systems in a multinational, multilingual environment; to adopt a core of specifications that comply with these frameworks and to promote their international market acceptance and use; to actively influence the future direction and development of these adopted specifications; and to foster the development of tools and applications that conform to these specifications and to provide a mechanism for certifying compliance with the adopted specifications.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,676,925$3,364,132▲ $687,207
Accounts Receivable$911,676$1,154,534▲ $242,858
Cash and Non-Interest-Bearing Accounts$922,488$634,530▼ $287,958
Prepaid Expenses and Deferred Charges$152,529$298,771▲ $146,242
Land, Buildings, and Equipment, Net$41,143$32,054▼ $9,089
Savings and Temporary Cash Investments$47,350$22,914▼ $24,436
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$4,778,687$5,533,511▲ $754,824
Other Assets Total$26,576$26,576→ $0
Liabilities
Deferred Revenue$3,153,838$3,229,464▲ $75,626
Accounts Payable and Accrued Expenses$1,814,870$1,971,664▲ $156,794
Other Liabilities$340,150$186,350▼ $153,800
Mortgage Notes Payable Secured by Investment Property-$171,300-
Total Liabilities$5,308,858$5,558,778▲ $249,920
Net Assets / Fund Balance
Unrestricted Net Assets$-530,171$-25,267▲ $504,904
Total Net Assets Fund Balance$-530,171$-25,267▲ $504,904
Total Liabilities and Net Assets / Fund Balance$4,778,687$5,533,511▲ $754,824

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$9,433$92,180$101,613
Equipment$22,621$64,170$86,791
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Richard SoleyChair/CEO/TreasFT$584,675$60,878$645,553
William HoffmanPres/COO/SecFT$587,922$56,000$643,922
Joseph FontaineVice PresidentFT$262,177$17,525$279,702
Victor HarrisonSr. Vice PresidentFT$199,943$30,262$230,205
Jonathan SiegelVice PresidentFT$141,030$27,203$168,233
Shoumen DataSr. Vice PresidentFT$135,319$7,045$142,364
Lucy GoodmanDirector of FinanceFT$123,281$13,436$136,717

Board Members and Trustees

NameTitle
Angelo CorsaroDirector
Anish KarmarkarDirector
Bill BeckwithDirector
Cory B CasanaveDirector
Daryll PrescottDirector
Djenana CamparaDirector
Dr Ben A CalloniDirector
Dr Gerardo Pardo-CastelloteDirector
Dr Jishnu MukerjiDirector
Elisa KendallDirector
Gary DuncansonDirector
Hedley ApperlyDirector
Hugues VincentDirector
James BakerDirector
Jay SchnitzerDirector
Mark CrawfordDirector
Mark HaymanDirector
Masateru AwatsuDirector
Paul LiptonDirector
Pete RivettDirector
Richard BeatchDirector
Robert LarioDirector
Ron ZahaviDirector
Said TabetDirector
Sridhar IyengarDirector
Toru ShimizuDirector
Howard ZaharoffAsst Secretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Stephen MellorConsultingPO Box 549, Quinlan, TX 75474$309,000
Steven MacLairdConsulting11 Riverview Terrace, Dover, MA 02030$264,519
Charles River ConsultingConsulting109 Highland Ave 3rd Fl, Needham, MA 02494, Uk$199,576
-Consulting-$133,982
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$9,028,599
Investment Income
$118,302
Other Revenue
$0
Change in Net Assets
$383,700

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,146,901
Revenue Not Reported on Form 990
$121,204
Total Revenue per Audited Statements
$9,268,105
Total Revenue per Form 990
$9,146,901
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,669,754
Other Expenses$4,093,447
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$2,835,089
Conferences and Meetings---$1,879,953
Current Officers, Directors, Trustees, and Key Employees---$1,289,475
Travel---$319,244
All Other Expenses---$221,950
Payroll Taxes---$220,379
Other Employee Benefits---$212,899
Fees for Services Legal---$206,033
Occupancy---$166,582
Pension Plan Contributions---$111,912
Other Expenses---$95,031
Information Technology---$46,314
Insurance---$45,409
Fees for Services Accounting---$43,947
Fees for Service Investment Mgmnt Fees---$38,556
Depreciation Depletion---$22,727
Office Expenses---$12,262
Interest---$828
Total Functional Expenses$0$0$0$8,763,201

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$8,763,201
Total Expenses per Audited Statements$8,763,201
Total Expenses per Form 990$8,763,201
International Activity

International Summary

Offices
1
Employees
1
Spending
$1,071,294

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
East Asia and the PacificProgram ServicesMember Meetings00$443,609
EuropeProgram ServicesMember Meeting00$428,109
EuropeProgram ServicesMembership services11$199,576
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member prepayments$186,350
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents

“See change to the Organization's Mission Statement at Part I, Line 1.”

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

“The Organization has eight classes of membership, three of which have voting rights.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The Organization's Board of Directors reviews and approves the Form 990 prior to its signing by the President.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“The Organization reviews the board members conflict disclosures in regular meetings of senior staff and Board of Directors meetings and takes action when necessary.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The Organization's Board of Directors forms an independent compensation committee that will review annually to determine the salaries and benefits of executives and top management.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“The Organization's Board of Directors forms an independent compensation committee that will review internally on an annual basis to determine the salaries and benefits of other officers and/or key employees.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The Organization makes its governing documents available on their website. The Organization's conflict of interest policy, whistleblower policy, document retention and destruction policy, and financial statements are available to the public upon request. The Organization's Form 990 is available to the public on Guidestar.com.”

Filing and Contact Details

Filer

Filer Name
Object Management Group Inc
EIN
04-3047994
Phone
7814440404
Address
109 Highland Avenue 3rd Floor, Needham, MA 02494

Signing Officer

Name
William Hoffman
Title
President
Signed
2017-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Hoffman
Formed
1989
Legal Domicile
De
Voting Board Members
27
Independent Board Members
26
Employees
36

Preparer

Firm
Ruane & Company LLP
Address
12 Alfred Street Suite 206, Woburn, MA 01801
Preparer
Thomas M Ruane CPA
Phone
7816430090
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IRS990/Form990PartVIISectionAGrp/PersonNm7Anish Karmarkar
IRS990/Form990PartVIISectionAGrp/PersonNm8Dr Ben A Calloni
IRS990/Form990PartVIISectionAGrp/PersonNm9Richard Beatch
IRS990/Form990PartVIISectionAGrp/PersonNm10Dr Jishnu Mukerji
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IRS990/Form990PartVIISectionAGrp/PersonNm16Hugues Vincent
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IRS990/Form990PartVIISectionAGrp/PersonNm18Pete Rivett
IRS990/Form990PartVIISectionAGrp/PersonNm19Jay Schnitzer
IRS990/Form990PartVIISectionAGrp/PersonNm20James Baker
IRS990/Form990PartVIISectionAGrp/PersonNm21Bill Beckwith
IRS990/Form990PartVIISectionAGrp/PersonNm22Ron Zahavi
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IRS990/Form990PartVIISectionAGrp/PersonNm26Elisa Kendall
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IRS990/Form990PartVIISectionAGrp/PersonNm28Howard Zaharoff
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IRS990/Form990PartVIISectionAGrp/PersonNm30Jonathan Siegel
IRS990/Form990PartVIISectionAGrp/PersonNm31Lucy Goodman
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IRS990/Form990PartVIISectionAGrp/TitleTxt29Sr. Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt30Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt31Dir. of Finance
IRS990/Form990PartVIISectionAGrp/TitleTxt32Sr. Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt33Vice President
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,533,511
Liabilities
$5,558,778
Net assets
-$25,267
Revenue
$9,146,901
Expenses
$8,763,201
Net income
$383,700
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.24$4.69$3.46$5.56$6.60$1.04
2023Detailed filing. Detailed filing data is available for this year.$2.14$4.56$2.42$6.89$7.02$0.13
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.37$5.08$2.72$6.80$7.57$0.77
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.45$5.39$1.94$6.75$6.26$0.48
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.55$4.98$2.43$7.53$8.68$1.15
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.60$5.73$1.13$8.80$9.33$0.52
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.98$5.54$0.56$8.87$9.43$0.56
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.56$5.56$0.00$9.15$8.74$0.41
2017Detailed filing. Detailed filing data is available for this year.$5.53$5.56$0.03$9.15$8.76$0.38
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.78$5.31$0.53$8.43$7.67$0.76
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$3.80$5.10$1.30$6.24$5.62$0.62
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.01$3.90$1.90$3.69$3.64$0.05
2013Summary only. Only limited summary data is available for this year.$1.20$3.16$1.96$3.37$3.34$0.03
2012Summary only. Only limited summary data is available for this year.$1.17$3.17$1.99$3.61$3.79$0.18