Civic Intelligence

The Oped Project Public Knowledge Fund Inc

990 • Fiscal year 2018 • EIN 27-2877151

Jan 01, 2018 to Dec 31, 2018 • Filed on Feb 13, 2019

175 Varick Street 6th FloorNew York, NY 10014

(646) 664-4299

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

92nd percentile

0.47x

Higher debt load relative to assets than 92% of similar nonprofits.

2018 filings • NTEE B • <$500k nonprofits • Source year 2018

Liabilities / Revenue

91st percentile

0.27x

Higher debt load relative to revenue than 91% of similar nonprofits.

2018 filings • NTEE B • <$500k nonprofits • Source year 2018

Net Margin

47th percentile

1.9%

Higher net margin than 47% of similar nonprofits.

2018 filings • NTEE B60 • <$500k nonprofits • Source year 2018

Top Officer Pay

91st percentile

$25,000

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

2018 filings • NTEE B • <$500k nonprofits • Source year 2018

Asset Growth

13th percentile

-32%

Faster asset growth than 13% of similar nonprofits.

2018 filings • NTEE B60 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

84th percentile

31%

Faster revenue growth than 84% of similar nonprofits.

2018 filings • NTEE B60 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$216,940

Down $102,076 (-32%) from 2017

Net Assets

Up

$115,824

Up $7,022 (+6.5%) from 2017

Liabilities

Down

$101,116

Down $109,098 (-52%) from 2017

Revenue

Up

$371,766

Up $88,044 (+31%) from 2017

Expenses

Up

$364,744

Up $132,523 (+57%) from 2017

Net Income

Down

$7,022

Down $44,479 (-86%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2014: $250,319Liabilities 2014: $79,948Net Assets 2014: $170,3712014Assets 2015: $193,376Liabilities 2015: $23,741Net Assets 2015: $169,6352015Assets 2017: $319,016Liabilities 2017: $210,214Net Assets 2017: $108,8022017Assets 2018: $216,940Liabilities 2018: $101,116Net Assets 2018: $115,8242018Assets 2020: $530,451Liabilities 2020: $25,000Net Assets 2020: $505,4512020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021Assets 2022: $1,064,020Liabilities 2022: $102,318Net Assets 2022: $961,7022022Assets 2024: $2,450,526Liabilities 2024: $778,917Net Assets 2024: $1,671,6092024

Highlighted filing

2018

Assets$216,940
Liabilities$101,116
Net Assets$115,824

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2014: $53,300Expenses 2014: $80,629Net Income 2014: -$27,3292014Revenue 2015: $186,700Expenses 2015: $187,436Net Income 2015: -$7362015Revenue 2017: $283,722Expenses 2017: $232,221Net Income 2017: $51,5012017Revenue 2018: $371,766Expenses 2018: $364,744Net Income 2018: $7,0222018Revenue 2020: $456,746Expenses 2020: $155,628Net Income 2020: $301,1182020Revenue 2021: $135,932Expenses 2021: $27,788Net Income 2021: $108,1442021Revenue 2022: $376,306Expenses 2022: $28,576Net Income 2022: $347,7302022Revenue 2024: $310,570Expenses 2024: $32,082Net Income 2024: $278,4882024

Highlighted filing

2018

Revenue$371,766
Expenses$364,744
Net Income$7,022
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Feb 13, 2019
Return Version
2018v3.1
Gross Receipts
$371,766
Mission and Program Overview

Mission

The OpEd Project Public Knowledge Fund, Inc. targets and trains women experts in all fields, through seminars, workshops, and other forums, to write for the OpEd pages of major print and online forums of public discourse.

The org. Targets and trains women experts in all fields, through seminars, workshops & other forums, to write for the op-ed pages of major print & online forums of public discourse. The oped project offers seminars that focus specifically to under represented groups.(see sch o).

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$139,016$171,940▲ $32,924
Pledges and Grants Receivable$180,000$45,000▼ $135,000
Total Assets$319,016$216,940▼ $102,076
Liabilities
Deferred Revenue$185,573$83,500▼ $102,073
Accounts Payable and Accrued Expenses$24,641$17,616▼ $7,025
Total Liabilities$210,214$101,116▼ $109,098
Net Assets / Fund Balance
Temporarily Rstr Net Assets$60,000$74,250▲ $14,250
Unrestricted Net Assets$48,802$41,574▼ $7,228
Total Net Assets Fund Balance$108,802$115,824▲ $7,022
Total Liabilities and Net Assets / Fund Balance$319,016$216,940▼ $102,076
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Catherine OrensteinExecutive DirectorPT$25,000$25,000

Board Members and Trustees

NameTitle
Courtney BaxterBoard Member
Laura MazurSecretary
Elizabeth ScharpfTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$371,766
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$371,766
Change in Net Assets
$7,022
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$337,432
Salaries, Compensation, and Employee Benefits$27,312
Total Fundraising Expense$2,808
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$223,854--$223,854
Travel$59,116--$59,116
Current Officers, Directors, Trustees, and Key Employees$15,000$7,500$2,500$25,000
Fees for Services Accounting-$5,936-$5,936
Payroll Taxes$1,387$694$231$2,312
All Other Expenses$413$443$27$883
Other Expenses$298$149$50$497
Total Functional Expenses$309,214$52,722$2,808$364,744
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
The Oped Project LLCPresidentSee Part V BelowNo$5,216
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
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 governing body review Part VI line 11

Management reviews the 990 to obtain an understanding of the reporting requirements and to ensure it is acccurate and complete. Subsequently, a copy of the draft 990 is provided to the board of directors for review and approval. Upon approval from the board the 990 will be filed.

Conflict of interest policy compliance Part VI line 12C

AT SCHEDULED MEETINGS.

CEO executive director top management comp Part VI line 15A

The board discusses the salary of the executive director, the board approves salaries only after after reviewing the generally accepted salary levels for the industry and the organizational cash flows requiments.

Governing documents etc available to public Part VI line 19

The governing documents and conflict of interest policy are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Oped Project Public Knowledge Fund Inc
EIN
27-2877151
Address
175 VARICK STREET 6TH FLOOR, NEW YORK, NY 10014

Signing Officer

Name
Catherine Orenstein
Title
Executive Direc
Phone
2129860892
Signed
2019-02-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Catherine Orenstein
Formed
2010
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
3
Employees
1
Volunteers
113

Preparer

Firm
Kimerling & Wisdom LLC
Address
150 Broadway Suite 1105, New York, NY 10038
Preparer
Ross Wisdom CPA
Phone
2129860892
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

Management fees (program services) $223,854.

List of other expenses Part IX line 24E

Program service expenses:charitable contributions $250payroll processing fees 163total $413management & general expenses:bank charges $286filing fees 75payroll processing fees 82total $443fundraising expenses:payroll processing fees $ 27total $ 27

Part III response or note to any other line in Part III

SEE STATEMENT O8.

General explanation attachment

Form 990, part 1, line 1 - organization mission or significant activities (continued)the seminars teach participants to how to write, edit, and submit op-ed columns for publication with the goal of encouraging women and other under represented groups to engage in public discourse and increasing the levels of participation in public affairs. The oped project offers seminars which address the concepts of expertise, creditability, evidence, and framing. These seminars are offered regularly in major cities throughout the united states. The oped project waives seminar fees for participants who cannot afford to pay. The oped project also offers a mentor-editor program, a national, volunteer-based mentoring program which was established to harness the power of experienced writers and editors. Form 990, part 111, line 1 - organization mission (continued)the seminars teach participants to how to write, edit, and submit op-ed columns for publication with the goal of encouraging women and other under represented groups to engage in public discourse and increasing the levels of participation in public affairs. The oped project offers seminars which address the concepts of expertise, creditability, evidence, and framing. These seminars are offered regularly in major cities throughout the united states. The oped project waives seminar fees for participants who cannot afford to pay. The oped project also offers a mentor-editor program, a national, volunteer-based mentoring program which was established to harness the power of experienced writers and editors.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OVER THE PAST FIVE YEARS, THE ORGANIZATION HAS RECEIVED 67% OF ITS SUPPORT FROM THE FORD FOUNDATION AND THE BOONE FAMILY FOUNDATION TO SUPPORT ITS EDUCATIONAL PROGRAMS AND OTHER 501(C)3 ACTIVITIES. THE ORGANIZATION HAS EXPANDED ITS FUNDRAISING ACTIVITIES TO GAIN MORE PUBLIC SUPPORT EACH YEAR AND EXPECTS TO ACHIEVE OVER 33.33% IN THE NEXT FEW YEARS.
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0SEE PART V BELOW
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0Catherine Orenstein is the executive director of the Organization. She is also the president of The Oped Project, LLC whose firm was engaged by the Organization to provide administrative, overhead ($38,000) and program staff services ($223,854) for the year ended December 31, 2018. At December 31, 2018 accounts payable of $5,216 was owed to The Oped Project, LLC.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Management reviews the 990 to obtain an understanding of the reporting requirements and to ensure it is acccurate and complete. Subsequently, a copy of the draft 990 is provided to the board of directors for review and approval. Upon approval from the board the 990 will be filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AT SCHEDULED MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD DISCUSSES THE SALARY OF THE EXECUTIVE DIRECTOR, THE BOARD APPROVES SALARIES ONLY AFTER AFTER REVIEWING THE GENERALLY ACCEPTED SALARY LEVELS FOR THE INDUSTRY AND THE ORGANIZATIONAL CASH FLOWS REQUIMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The governing documents and conflict of interest policy are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MANAGEMENT FEES (PROGRAM SERVICES) $223,854.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PROGRAM SERVICE EXPENSES:CHARITABLE CONTRIBUTIONS $250PAYROLL PROCESSING FEES 163TOTAL $413MANAGEMENT & GENERAL EXPENSES:BANK CHARGES $286FILING FEES 75PAYROLL PROCESSING FEES 82TOTAL $443FUNDRAISING EXPENSES:PAYROLL PROCESSING FEES $ 27TOTAL $ 27
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SEE STATEMENT O8.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7FORM 990, PART 1, LINE 1 - ORGANIZATION MISSION OR SIGNIFICANT ACTIVITIES (CONTINUED)THE SEMINARS TEACH PARTICIPANTS TO HOW TO WRITE, EDIT, AND SUBMIT OP-ED COLUMNS FOR PUBLICATION WITH THE GOAL OF ENCOURAGING WOMEN AND OTHER UNDER REPRESENTED GROUPS TO ENGAGE IN PUBLIC DISCOURSE AND INCREASING THE LEVELS OF PARTICIPATION IN PUBLIC AFFAIRS. THE OPED PROJECT OFFERS SEMINARS WHICH ADDRESS THE CONCEPTS OF EXPERTISE, CREDITABILITY, EVIDENCE, AND FRAMING. THESE SEMINARS ARE OFFERED REGULARLY IN MAJOR CITIES THROUGHOUT THE UNITED STATES. THE OPED PROJECT WAIVES SEMINAR FEES FOR PARTICIPANTS WHO CANNOT AFFORD TO PAY. THE OPED PROJECT ALSO OFFERS A MENTOR-EDITOR PROGRAM, A NATIONAL, VOLUNTEER-BASED MENTORING PROGRAM WHICH WAS ESTABLISHED TO HARNESS THE POWER OF EXPERIENCED WRITERS AND EDITORS. FORM 990, PART 111, LINE 1 - ORGANIZATION MISSION (CONTINUED)THE SEMINARS TEACH PARTICIPANTS TO HOW TO WRITE, EDIT, AND SUBMIT OP-ED COLUMNS FOR PUBLICATION WITH THE GOAL OF ENCOURAGING WOMEN AND OTHER UNDER REPRESENTED GROUPS TO ENGAGE IN PUBLIC DISCOURSE AND INCREASING THE LEVELS OF PARTICIPATION IN PUBLIC AFFAIRS. THE OPED PROJECT OFFERS SEMINARS WHICH ADDRESS THE CONCEPTS OF EXPERTISE, CREDITABILITY, EVIDENCE, AND FRAMING. THESE SEMINARS ARE OFFERED REGULARLY IN MAJOR CITIES THROUGHOUT THE UNITED STATES. THE OPED PROJECT WAIVES SEMINAR FEES FOR PARTICIPANTS WHO CANNOT AFFORD TO PAY. THE OPED PROJECT ALSO OFFERS A MENTOR-EDITOR PROGRAM, A NATIONAL, VOLUNTEER-BASED MENTORING PROGRAM WHICH WAS ESTABLISHED TO HARNESS THE POWER OF EXPERIENCED WRITERS AND EDITORS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4List of other fees for services expenses Part IX line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5List of other expenses Part IX line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part III response or note to any other line in Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7General explanation attachment
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ReturnHeader/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Catherine Orenstein
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE OPED PROJECT PUBLIC KNOWLEDGE FUND INC
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ReturnHeader/Filer/USAddress/AddressLine1Txt0175 VARICK STREET 6TH FLOOR
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ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02019-08-15
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt038.88.219.235
ReturnHeader/FilingSecurityInformation/IPDt02019-08-15
ReturnHeader/FilingSecurityInformation/IPTm010:17:33
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0150 Broadway Suite 1105
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ReturnHeader/PreparerPersonGrp/PreparationDt02019-08-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Ross Wisdom CPA
ReturnHeader/ReturnTs02019-08-14T10:36:56-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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