Civic Intelligence

Open Future Institute

990 • Fiscal year 2017 • EIN 45-5494252

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 13, 2018

Organization ProfileOPENFUTUREINSTITUTE.ORG
301 West 57th Street No 45ANew York, NY 10019

(917) 405-7331

Siviq Scores

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

Liabilities / Assets

81st percentile

0.30x

Higher debt load relative to assets than 81% of similar nonprofits.

2017 filings • NTEE A20 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

93rd percentile

0.26x

Higher debt load relative to revenue than 93% of similar nonprofits.

2017 filings • NTEE A20 • <$500k nonprofits • Source year 2017

Net Margin

89th percentile

47%

Higher net margin than 89% of similar nonprofits.

2017 filings • NTEE A20 • <$500k nonprofits • Source year 2017

Top Officer Pay

96th percentile

$60,000

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 16.6% of source-year revenue.

2017 filings • NTEE A20 • <$500k nonprofits • Source year 2017

Asset Growth

92nd percentile

200%

Faster asset growth than 92% of similar nonprofits.

2017 filings • NTEE A20 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

84th percentile

66%

Faster revenue growth than 84% of similar nonprofits.

2017 filings • NTEE A20 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets81st percentile

Assets

Up

$314,169

Up $209,320 (+200%) from 2016

Net Assets

Up

$221,134

Up $171,246 (+343%) from 2016

Liabilities

Up

$93,035

Up $38,074 (+69%) from 2016

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin89th percentile

Revenue

Up

$362,475

Up $144,605 (+66%) from 2016

Expenses

Down

$191,229

Down $11,320 (-5.6%) from 2016

Net Income

Up

$171,246

Up $155,925 (+1018%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

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

$1.0M$500K$0Assets 2012: $38,828Liabilities 2012: $0Net Assets 2012: $38,8282012Assets 2013: $37,295Liabilities 2013: $329Net Assets 2013: $36,9662013Assets 2014: $31,574Liabilities 2014: $0Net Assets 2014: $31,5742014Assets 2015: $34,615Liabilities 2015: $48Net Assets 2015: $34,5672015Assets 2016: $104,849Liabilities 2016: $54,961Net Assets 2016: $49,8882016Assets 2017: $314,169Liabilities 2017: $93,035Net Assets 2017: $221,1342017Assets 2018: $381,247Liabilities 2018: $9,275Net Assets 2018: $371,9722018Assets 2019: $349,132Liabilities 2019: $8,005Net Assets 2019: $341,1272019Assets 2020: $502,372Liabilities 2020: $3,996Net Assets 2020: $498,3762020Assets 2021: $613,530Liabilities 2021: $784Net Assets 2021: $612,7462021Assets 2022: $704,412Liabilities 2022: $679Net Assets 2022: $703,7332022Assets 2023: $862,937Liabilities 2023: $5,081Net Assets 2023: $857,8562023Assets 2024: $913,245Liabilities 2024: $5,548Net Assets 2024: $907,6972024

Highlighted filing

2017

Assets$314,169
Liabilities$93,035
Net Assets$221,134
Open 2017 Filing

Operations Trend

Revenue Growth84th percentile

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

$600K$400K$200K$0-$200KRevenue 2012: $49,500Expenses 2012: $10,672Net Income 2012: $38,8282012Revenue 2013: $48,945Expenses 2013: $50,807Net Income 2013: -$1,8622013Revenue 2014: $89,434Expenses 2014: $94,826Net Income 2014: -$5,3922014Revenue 2015: $161,280Expenses 2015: $158,287Net Income 2015: $2,9932015Revenue 2016: $217,870Expenses 2016: $202,549Net Income 2016: $15,3212016Revenue 2017: $362,475Expenses 2017: $191,229Net Income 2017: $171,2462017Revenue 2018: $459,714Expenses 2018: $308,876Net Income 2018: $150,8382018Revenue 2019: $276,353Expenses 2019: $307,198Net Income 2019: -$30,8452019Revenue 2020: $460,906Expenses 2020: $303,657Net Income 2020: $157,2492020Revenue 2021: $546,215Expenses 2021: $431,845Net Income 2021: $114,3702021Revenue 2022: $543,252Expenses 2022: $452,265Net Income 2022: $90,9872022Revenue 2023: $541,342Expenses 2023: $387,081Net Income 2023: $154,2612023Revenue 2024: $436,566Expenses 2024: $425,410Net Income 2024: $11,1562024

Highlighted filing

2017

Revenue$362,475
Expenses$191,229
Net Income$171,246
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 13, 2018
Return Version
2017v2.3
Gross Receipts
$362,475
Mission and Program Overview

Mission

Our mission is to expand and promote the evolution of culture in order to support the advancement of society and to address global challenges at their source.

Provide students with vision and core values.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$104,849$314,169▲ $209,320
Total Assets$104,849$314,169▲ $209,320
Liabilities
Deferred Revenue$50,000$88,500▲ $38,500
Other Liabilities$4,961$0▼ $4,961
Accounts Payable and Accrued Expenses-$4,535-
Total Liabilities$54,961$93,035▲ $38,074
Net Assets / Fund Balance
Unrestricted Net Assets$49,888$221,134▲ $171,246
Total Net Assets Fund Balance$49,888$221,134▲ $171,246
Total Liabilities and Net Assets / Fund Balance$104,849$314,169▲ $209,320
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Francesca RuscianiVice PresidentPT$60,000$60,000

Board Members and Trustees

NameTitle
Gerard SenehiPresident
Daniel StoneDirector
David AdlerDirector
Micheline NaderDirector
Tom MorozDirector
Tracy GaryDirector
Nazir AhmadSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$326,475
Program Service Revenue
$36,000
Investment Income
$0
Other Revenue
$0
All Other Contributions
$326,475
Change in Net Assets
$171,246
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$130,051
Other Expenses$61,178
Total Fundraising Expense$8,339
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$50,698$9,302-$60,000
Other Salaries and Wages$50,135$9,198-$59,333
Fees for Services Other$31,438$135$6,000$37,573
Payroll Taxes$9,650$1,068-$10,718
Office Expenses$2,235$3,123$556$5,914
Fees for Services Accounting-$5,715-$5,715
Other Expenses$3,671$388$751$4,810
Insurance-$2,022-$2,022
Total Functional Expenses$151,939$30,951$8,339$191,229
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
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, Part VI, Section B, Line 11B

“The form 990 has been reviewed by a group of persons authorized to review financial and audit matters prior to filing. The final form 990 (filed with the irs) will be available at the next meeting of the board for inspection. In addition, upon request of any boardmember, a copy will be provided. If there are any material changes, an amended form 990 will be filed.”

Form 990, Part VI, Section B, Line 12C

“The organization enforces the conflict of interest policy by monitoring known relationships, questionnaires, and noting any changes in disclosed information. Any conflict is reviewed by the board before a decision is made as to whether to approve the transaction.”

Form 990, Part VI, Section B, Line 15A

“This review includes researching guidestar, form 990s, ny non-profit network annual salary survey, phone calls to other organizations to collect data.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy, and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Open Future Institute
EIN
45-5494252
Phone
9174057331
Address
301 WEST 57TH STREET NO 45A, NEW YORK, NY 10019

Signing Officer

Name
Gerard Senehi
Title
President
Phone
9174057331
Signed
2018-10-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gerard Senehi
Formed
2012
Legal Domicile
De
Voting Board Members
8
Independent Board Members
7
Employees
4
Volunteers
0

Preparer

Firm
Skody Scot & Co Cpas Pc
Address
520 EIGHTH AVE SUITE 2200, NEW YORK, NY 10018
Preparer
William Skody
Phone
2129671100
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Other contract services: program service expenses 31,438. Management and general expenses 135. Fundraising expenses 6,000. Total expenses 37,573.”

Raw XML Appendix353 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04535
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE STUDENTS WITH VISION AND CORE VALUES.
IRS990/AllOtherContributionsAmt0326475
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum09174057331
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0301 WEST 57TH STREET NO 45A
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010019
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0104849
IRS990/CashNonInterestBearingGrp/EOYAmt0314169
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt09302
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt050698
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt060000
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0326475
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt061178
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt036000
IRS990/CYRevenuesLessExpensesAmt0171246
IRS990/CYSalariesCompEmpBnftPaidAmt0130051
IRS990/CYTotalExpensesAmt0191229
IRS990/CYTotalFundraisingExpenseAmt08339
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0362475
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt050000
IRS990/DeferredRevenueGrp/EOYAmt088500
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE QUESTION PROJECT PROVIDES FORUMS FOR HIGH SCHOOL AND UNIVERSITY STUDENTS GLOBALLY TO REFLECT ON THEIR BELIEFS, VALUES, AND PURPOSE. IT IS DESIGNED TO GIVE STUDENTS AN OPPORTUNITY TO ENGAGE AUTHENTICALLY WITH THEIR CORE VALUES AND HOW THEY DEFINE MEANING AT A STAGE IN THEIR LIVES WHEN THEY BEGIN MAKING CHOICES THAT WILL SET THE TRAJECTORY OF THEIR FUTURE. THIS INITIATIVE AIMS TO SUPPORT STUDENTS' SENSE OF RESPONSIBILITY TO THE GREATER SOCIETY, THEIR POTENTIAL FOR INSPIRED LEADERSHIP, AND THEIR CAPACITY TO RESPOND CREATIVELY TO THE PRESSING NEEDS OF OUR TIME WITH VISION AND PURPOSE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0151939
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt05715
IRS990/FeesForServicesAccountingGrp/TotalAmt05715
IRS990/FeesForServicesOtherGrp/FundraisingAmt06000
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0135
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt031438
IRS990/FeesForServicesOtherGrp/TotalAmt037573
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt020.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0GERARD SENEHI
IRS990/Form990PartVIISectionAGrp/PersonNm1FRANCESCA RUSCIANI
IRS990/Form990PartVIISectionAGrp/PersonNm2TRACY GARY
IRS990/Form990PartVIISectionAGrp/PersonNm3NAZIR AHMAD
IRS990/Form990PartVIISectionAGrp/PersonNm4DANIEL STONE
IRS990/Form990PartVIISectionAGrp/PersonNm5DAVID ADLER
IRS990/Form990PartVIISectionAGrp/PersonNm6MICHELINE NADER
IRS990/Form990PartVIISectionAGrp/PersonNm7TOM MOROZ
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0362475
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt02022
IRS990/InsuranceGrp/TotalAmt02022
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0DE
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0OUR MISSION IS TO EXPAND AND PROMOTE THE EVOLUTION OF CULTURE IN ORDER TO SUPPORT THE ADVANCEMENT OF SOCIETY AND TO ADDRESS GLOBAL CHALLENGES AT THEIR SOURCE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt049888
IRS990/NetAssetsOrFundBalancesEOYAmt0221134
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt0556
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03123
IRS990/OfficeExpensesGrp/ProgramServicesAmt02235
IRS990/OfficeExpensesGrp/TotalAmt05914
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0TRAVEL AND MEETINGS
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt01032
IRS990/OtherExpensesGrp/FundraisingAmt1751
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0388
IRS990/OtherExpensesGrp/ProgramServicesAmt04112
IRS990/OtherExpensesGrp/ProgramServicesAmt13671
IRS990/OtherExpensesGrp/TotalAmt05144
IRS990/OtherExpensesGrp/TotalAmt14810
IRS990/OtherLiabilitiesGrp/BOYAmt04961
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt09198
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt050135
IRS990/OtherSalariesAndWagesGrp/TotalAmt059333
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01068
IRS990/PayrollTaxesGrp/ProgramServicesAmt09650
IRS990/PayrollTaxesGrp/TotalAmt010718
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0GERARD SENEHI
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0SCHOOL FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt036000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt036000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0210370
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt056412
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt07500
IRS990/PYRevenuesLessExpensesAmt015321
IRS990/PYSalariesCompEmpBnftPaidAmt0140137
IRS990/PYTotalExpensesAmt0202549
IRS990/PYTotalProfFndrsngExpnsAmt06000
IRS990/PYTotalRevenueAmt0217870
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0171246
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt036000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0326475
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0217870
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0161280
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt089434
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt048945
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0844004
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt036000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.74260
IRS990ScheduleA/PublicSupportTotal170Amt0626794
IRS990ScheduleA/SubstantialContributorsTotAmt0217210
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0326475
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0217870
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0161280
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt089434
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt048945
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0844004
IRS990ScheduleA/TotalSupportAmt0844004
IRS990/ScheduleBRequiredInd01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 HAS BEEN REVIEWED BY A GROUP OF PERSONS AUTHORIZED TO REVIEW FINANCIAL AND AUDIT MATTERS PRIOR TO FILING. THE FINAL FORM 990 (FILED WITH THE IRS) WILL BE AVAILABLE AT THE NEXT MEETING OF THE BOARD FOR INSPECTION. IN ADDITION, UPON REQUEST OF ANY BOARDMEMBER, A COPY WILL BE PROVIDED. IF THERE ARE ANY MATERIAL CHANGES, AN AMENDED FORM 990 WILL BE FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION ENFORCES THE CONFLICT OF INTEREST POLICY BY MONITORING KNOWN RELATIONSHIPS, QUESTIONNAIRES, AND NOTING ANY CHANGES IN DISCLOSED INFORMATION. ANY CONFLICT IS REVIEWED BY THE BOARD BEFORE A DECISION IS MADE AS TO WHETHER TO APPROVE THE TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THIS REVIEW INCLUDES RESEARCHING GUIDESTAR, FORM 990S, NY NON-PROFIT NETWORK ANNUAL SALARY SURVEY, PHONE CALLS TO OTHER ORGANIZATIONS TO COLLECT DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OTHER CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 31,438. MANAGEMENT AND GENERAL EXPENSES 135. FUNDRAISING EXPENSES 6,000. TOTAL EXPENSES 37,573.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0104849
IRS990/TotalAssetsEOYAmt0314169
IRS990/TotalAssetsGrp/BOYAmt0104849
IRS990/TotalAssetsGrp/EOYAmt0314169
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0326475
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt08339
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt030951
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0151939
IRS990/TotalFunctionalExpensesGrp/TotalAmt0191229
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt054961
IRS990/TotalLiabilitiesEOYAmt093035
IRS990/TotalLiabilitiesGrp/BOYAmt054961
IRS990/TotalLiabilitiesGrp/EOYAmt093035
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt049888
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0221134
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0151939
IRS990/TotalProgramServiceRevenueAmt036000
IRS990/TotalReportableCompFromOrgAmt060000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt036000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0362475
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0104849
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0314169
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt049888
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0221134
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0301 WEST 57TH STREET NO 45A
IRS990/USAddress/CityNm0NEW YORK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010019
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0OPENFUTUREINSTITUTE.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GERARD SENEHI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09174057331
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OPEN FUTURE INSTITUTE
ReturnHeader/Filer/BusinessNameControlTxt0OPEN
ReturnHeader/Filer/EIN0455494252
ReturnHeader/Filer/PhoneNum09174057331
ReturnHeader/Filer/USAddress/AddressLine1Txt0301 WEST 57TH STREET NO 45A
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010019
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0744111110870A6F1869E9C7708983D3D0F8C87A4
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0744111110870A6F1869E9C7708983D3D0F8C87A4
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt038.122.225.90
ReturnHeader/FilingSecurityInformation/IPDt02018-10-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm008:06:39
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0133597814
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SKODY SCOT & CO CPAS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0520 EIGHTH AVE SUITE 2200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010018
ReturnHeader/PreparerPersonGrp/PhoneNum02129671100
ReturnHeader/PreparerPersonGrp/PreparationDt02018-10-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM SKODY
ReturnHeader/ReturnTs02018-10-13T07:07:20-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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
$314,169
Liabilities
$93,035
Net assets
$221,134
Revenue
$362,475
Expenses
$191,229
Net income
$171,246
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.13$0.06$9.08$4.37$4.25$0.11
2023Detailed filing. Detailed filing data is available for this year.$8.63$0.05$8.58$5.41$3.87$1.54
2022Detailed filing. Detailed filing data is available for this year.$7.04$0.01$7.04$5.43$4.52$0.91
2021Detailed filing. Detailed filing data is available for this year.$6.14$0.01$6.13$5.46$4.32$1.14
2020Detailed filing. Detailed filing data is available for this year.$5.02$0.04$4.98$4.61$3.04$1.57
2019Detailed filing. Detailed filing data is available for this year.$3.49$0.08$3.41$2.76$3.07$0.31
2018Detailed filing. Detailed filing data is available for this year.$3.81$0.09$3.72$4.60$3.09$1.51
2017Detailed filing. Detailed filing data is available for this year.$3.14$0.93$2.21$3.62$1.91$1.71
2016Detailed filing. Detailed filing data is available for this year.$1.05$0.55$0.50$2.18$2.03$0.15
2015Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.35$1.61$1.58$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.32$0.00$0.32$0.89$0.95$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$0.49$0.51$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.39$0.00$0.39$0.50$0.11$0.39