Civic Intelligence

Openpower Foundation

990 • Fiscal year 2018 • EIN 46-4627734

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 15, 2019

Organization ProfileOPENPOWERFOUNDATION.ORG
445 Hoes LanePiscataway, NJ 08854

(732) 562-5856

Siviq Scores

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

Liabilities / Assets

44th percentile

0.14x

Higher debt load relative to assets than 44% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

64th percentile

0.28x

Higher debt load relative to revenue than 64% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Net Margin

2nd percentile

-54%

Higher net margin than 2% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Asset Growth

6th percentile

-22%

Faster asset growth than 6% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

7th percentile

-19%

Faster revenue growth than 7% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets44th percentile

Assets

Down

$3,049,880

Down $856,814 (-22%) from 2017

Net Assets

Down

$2,636,796

Down $792,991 (-23%) from 2017

Liabilities

Down

$413,084

Down $63,823 (-13%) from 2017

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin2nd percentile

Revenue

Down

$1,455,252

Down $341,414 (-19%) from 2017

Expenses

Up

$2,248,243

Up $926,189 (+70%) from 2017

Net Income

Down

-$792,991

Down $1,267,603 (-267%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2014: $2,002,180Liabilities 2014: $739,626Net Assets 2014: $1,262,5542014Assets 2015: $3,096,977Liabilities 2015: $585,285Net Assets 2015: $2,511,6922015Assets 2016: $3,528,854Liabilities 2016: $573,679Net Assets 2016: $2,955,1752016Assets 2017: $3,906,694Liabilities 2017: $476,907Net Assets 2017: $3,429,7872017Assets 2018: $3,049,880Liabilities 2018: $413,084Net Assets 2018: $2,636,7962018Assets 2019: $2,873,350Liabilities 2019: $891,550Net Assets 2019: $1,981,8002019Assets 2020: $2,482,849Liabilities 2020: $635,012Net Assets 2020: $1,847,8372020Assets 2021: $2,537,738Liabilities 2021: $447,951Net Assets 2021: $2,089,7872021Assets 2022: $2,424,700Liabilities 2022: $551,379Net Assets 2022: $1,873,3212022Assets 2023: $1,978,422Liabilities 2023: $213,852Net Assets 2023: $1,764,5702023Assets 2024: $1,667,977Liabilities 2024: $188,695Net Assets 2024: $1,479,2822024

Highlighted filing

2018

Assets$3,049,880
Liabilities$413,084
Net Assets$2,636,796
Open 2018 Filing

Operations Trend

Revenue Growth7th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $1,540,416Expenses 2014: $277,862Net Income 2014: $1,262,5542014Revenue 2015: $2,028,749Expenses 2015: $779,611Net Income 2015: $1,249,1382015Revenue 2016: $2,194,172Expenses 2016: $1,750,689Net Income 2016: $443,4832016Revenue 2017: $1,796,666Expenses 2017: $1,322,054Net Income 2017: $474,6122017Revenue 2018: $1,455,252Expenses 2018: $2,248,243Net Income 2018: -$792,9912018Revenue 2019: $981,111Expenses 2019: $1,636,107Net Income 2019: -$654,9962019Revenue 2020: $642,531Expenses 2020: $776,494Net Income 2020: -$133,9632020Revenue 2021: $1,012,417Expenses 2021: $770,467Net Income 2021: $241,9502021Revenue 2022: $615,833Expenses 2022: $832,299Net Income 2022: -$216,4662022Revenue 2023: $378,583Expenses 2023: $487,334Net Income 2023: -$108,7512023Revenue 2024: $200,889Expenses 2024: $486,177Net Income 2024: -$285,2882024

Highlighted filing

2018

Revenue$1,455,252
Expenses$2,248,243
Net Income-$792,991
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 15, 2019
Return Version
2018v3.1
Gross Receipts
$1,455,252
Mission and Program Overview

Mission

To create an open ecosystem using the power architecture to share expertise, investment, and server-class intellectual property to serve the evolving needs of industry.

To create an open ecosystem using the power architecture to share expertise, investment and ip to serve the evolving needs of industry and customers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,627,667$3,000,016▼ $627,651
Accounts Receivable$63,334$47,500▼ $15,834
Land, Buildings, and Equipment, Net$12,642$0▼ $12,642
Prepaid Expenses and Deferred Charges$203,051$2,364▼ $200,687
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$3,906,694$3,049,880▼ $856,814
Other Assets Total$0$0→ $0
Liabilities
Deferred Revenue$344,165$236,249▼ $107,916
Accounts Payable and Accrued Expenses$125,758$165,380▲ $39,622
Other Liabilities$6,984$11,455▲ $4,471
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$476,907$413,084▼ $63,823
Net Assets / Fund Balance
Unrestricted Net Assets$3,429,787$2,636,796▼ $792,991
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$3,429,787$2,636,796▼ $792,991
Total Liabilities and Net Assets / Fund Balance$3,906,694$3,049,880▼ $856,814

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$65,016$65,016
Compensation and Service Providers
Top Officer Pay23rd percentile

Board Members and Trustees

NameTitle
Artem IkoevChairman/director
Mendy FurmanekPresident
Bruce ToalDirector
Jay KruemeckeDirector
Jimmy ZhengDirector
Scott HeroldDirector
Maire MahonyTreasurer/director

Highest Paid Contractors

ContractorServicesLocationCompensation
Ieee-istoProgram Support445 HOES LANE, Piscataway, NJ 08854, Uk$550,760
Text 100 LLCAdvertising49 W 27TH STREET, New York, NY 10001$219,032
Tbt Marketing LtdConferences100 MONTGOMERY STREET SUITE 1100, San Francisco, CA 94104-4343$212,166
Drury Design Dynamics INCProgram Support3039 E CORNWALLIS ROAD RESEARCH, Triangle Park, NC 27709$183,086
Ibm CorporationProgram Support-$141,889
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,455,252
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-792,991

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,455,252
Total Revenue per Audited Statements
$1,455,252
Total Revenue per Form 990
$1,455,252
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,248,243
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$1,263,677
Fees for Services Other---$529,906
Advertising---$243,240
Fees for Services Legal---$69,407
Other Expenses---$46,667
Information Technology---$29,660
Travel---$23,209
Fees for Services Accounting---$18,100
Depreciation Depletion---$12,642
Insurance---$7,836
Office Expenses---$3,899
Total Functional Expenses$0$0$0$2,248,243

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,248,243
Total Expenses per Audited Statements$2,248,243
Total Expenses per Form 990$2,248,243
International Activity

International Summary

Spending
$426,648

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
Europe (Including Iceland and Greenland)Program ServicesSummit Events--$247,490
East Asia and the PacificProgram ServicesTradeshow/events--$88,986
East Asia and the PacificProgram ServicesSummit Events--$55,232
East Asia and the PacificProgram ServicesConsulting--$32,300
South AsiaProgram ServicesTradeshow/events--$2,640
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Insider Transactions and Loans

Loans and Receivables

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

Other Reported Liabilities

LiabilityAmount
Due to Ieee-isto$11,455
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
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 circulated to all members of the board of directors before filing.”

Form 990, Part VI Section C line 19

“The corporation's governing documents are available to the public on the corporation's website. The corporation's financial statements are contained in the 990 which are available upon request.”

Filing and Contact Details

Filer

Filer Name
OpenPOWER Foundation
EIN
46-4627734
In Care Of
% JANET MALASIG
Phone
7325625856
Address
445 HOES LANE, PISCATAWAY, NJ 08854

Signing Officer

Name
Mendy Furmanek
Title
President
Phone
7324655807
Signed
2019-10-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Artem Ikoev
Formed
2013
Legal Domicile
De
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
1,100

Preparer

Firm
Withumsmithbrown Pc
Address
ONE TOWER CENTER BLVD 14TH FL, EAST BRUNSWICK, NJ 08816
Preparer
Shawn Gillon
Phone
7328281614
Supplemental Narrative

Additional Explanations

Form 990 Part IX Line 11G

“Description:program support total fees:529906”

Financial Statement Notes

Form 990, Schedule D, Part X, Line 2

“OPENPOWER FOUNDATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE ACCOMPANYING fINANCIAL STATEMENTS. THE ORGANIZATION HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A "PRIVATE FOUNDATION" WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. OPENPOWER, IN ACCORDANCE WITH ACCOUNTING STANDARDS REGARDING uNCERTAINTY IN INCOME TAXES, HAS EVALUATED UNCERTAIN TAX POSITIONS AND HAS DETERMINED THAT IT HAS NO UNCERTAIN TAX POSITIONS. FURTHERMORE, OPENPOWER HAD NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2018 AND 2017. IN ADDITION, THE ORGANIZATION HAS NO INCOME TAX RELATED PENALTIES OR INTEREST FOR the pERIODS PRESENTED IN THESE FINANCIAL STATEMENTS.”

Raw XML AppendixShowing 400 of 462 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.

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IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXInd0X
IRS990/InformationTechnologyGrp/TotalAmt029660
IRS990/InsuranceGrp/TotalAmt07836
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt065016
IRS990/LandBldgEquipBasisNetGrp/BOYAmt012642
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt065016
IRS990/LegalDomicileStateCd0DE
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO CREATE AN OPEN ECOSYSTEM USING THE POWER ARCHITECTURE TO SHARE EXPERTISE, INVESTMENT, AND SERVER-CLASS INTELLECTUAL PROPERTY TO SERVE THE EVOLVING NEEDS OF INDUSTRY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt03429787
IRS990/NetAssetsOrFundBalancesEOYAmt02636796
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt03899
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/TotalAmt046667
IRS990/OtherLiabilitiesGrp/BOYAmt06984
IRS990/OtherLiabilitiesGrp/EOYAmt011455
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0203051
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02364
IRS990/PrincipalOfficerNm0ARTEM IKOEV
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0813910
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01455252
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01455252
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01322054
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01796666
IRS990/PYRevenuesLessExpensesAmt0474612
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01322054
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01796666
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-792991
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION INCURS NO LOBBYING AND NO POLITICAL EXPENSES AS DEFINED.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, SCHEDULE C, PART III-A
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt065016
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt065016
IRS990ScheduleD/ExpensesSubtotalAmt02248243
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011455
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO IEEE-ISTO
IRS990ScheduleD/RevenueSubtotalAmt01455252
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0OPENPOWER FOUNDATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE ACCOMPANYING fINANCIAL STATEMENTS. THE ORGANIZATION HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A "PRIVATE FOUNDATION" WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. OPENPOWER, IN ACCORDANCE WITH ACCOUNTING STANDARDS REGARDING uNCERTAINTY IN INCOME TAXES, HAS EVALUATED UNCERTAIN TAX POSITIONS AND HAS DETERMINED THAT IT HAS NO UNCERTAIN TAX POSITIONS. FURTHERMORE, OPENPOWER HAD NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2018 AND 2017. IN ADDITION, THE ORGANIZATION HAS NO INCOME TAX RELATED PENALTIES OR INTEREST FOR the pERIODS PRESENTED IN THESE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, SCHEDULE D, PART X, LINE 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt02248243
IRS990ScheduleD/TotalLiabilityAmt011455
IRS990ScheduleD/TotalRevenuePerForm990Amt01455252
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01455252
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02248243
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0247490
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt188986
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt232300
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt355232
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt42640
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Europe (Including Iceland and Greenland)
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1East Asia and the Pacific
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2East Asia and the Pacific
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt3East Asia and the Pacific
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt4South Asia
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0SUMMIT EVENTS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1TRADESHOW/EVENTS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt2CONSULTING
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt3SUMMIT EVENTS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt4TRADESHOW/EVENTS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Program Services
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1Program Services
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2Program Services
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt3Program Services
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt4Program Services
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalSpentAmt0426648
IRS990ScheduleF/TotalSpentAmt0426648
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 HAS BEEN CIRCULATED TO ALL MEMBERS OF THE BOARD OF DIRECTORS BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CORPORATION'S GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC ON THE CORPORATION'S WEBSITE. THE CORPORATION'S FINANCIAL STATEMENTS ARE CONTAINED IN THE 990 WHICH ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION:PROGRAM SUPPORT TOTAL FEES:529906
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI Section C line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990 PART IX LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03906694
IRS990/TotalAssetsEOYAmt03049880
IRS990/TotalAssetsGrp/BOYAmt03906694
IRS990/TotalAssetsGrp/EOYAmt03049880
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt02248243
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0476907
IRS990/TotalLiabilitiesEOYAmt0413084
IRS990/TotalLiabilitiesGrp/BOYAmt0476907

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,049,880
Liabilities
$413,084
Net assets
$2,636,796
Revenue
$1,455,252
Expenses
$2,248,243
Net income
-$792,991
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.67$0.19$1.48$0.20$0.49$0.29
2023Detailed filing. Detailed filing data is available for this year.$1.98$0.21$1.76$0.38$0.49$0.11
2022Detailed filing. Detailed filing data is available for this year.$2.42$0.55$1.87$0.62$0.83$0.22
2021Detailed filing. Detailed filing data is available for this year.$2.54$0.45$2.09$1.01$0.77$0.24
2020Detailed filing. Detailed filing data is available for this year.$2.48$0.64$1.85$0.64$0.78$0.13
2019Detailed filing. Detailed filing data is available for this year.$2.87$0.89$1.98$0.98$1.64$0.65
2018Detailed filing. Detailed filing data is available for this year.$3.05$0.41$2.64$1.46$2.25$0.79
2017Detailed filing. Detailed filing data is available for this year.$3.91$0.48$3.43$1.80$1.32$0.47
2016Detailed filing. Detailed filing data is available for this year.$3.53$0.57$2.96$2.19$1.75$0.44
2015Detailed filing. Detailed filing data is available for this year.$3.10$0.59$2.51$2.03$0.78$1.25
2014Detailed filing. Detailed filing data is available for this year.$2.00$0.74$1.26$1.54$0.28$1.26