Civic Intelligence

Open Research Lab Inc.

990 • Fiscal year 2023 • EIN 81-0861414

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

1960 Bryant StSan Francisco, CA 94110

(415) 306-8856

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$2,756,640

Down $4,021,780 (-59%) from 2022

Net Assets

Down

-$12,233,255

Down $4,274,239 (-54%) from 2022

Liabilities

Up

$14,989,895

Up $252,459 (+1.7%) from 2022

Revenue And Expenses

Revenue

Up

$494,168

Up $300,251 (+155%) from 2022

Expenses

Up

$4,768,407

Up $1,191,684 (+33%) from 2022

Net Income

Down

-$4,274,239

Down $891,433 (-26%) from 2022

Historical Trend

Balance Sheet Trend

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

$20M$10M$0-$10M-$20MAssets 2016: $1,314,924Liabilities 2016: $5,250,913Net Assets 2016: -$3,935,9892016Assets 2017: $4,332,854Liabilities 2017: $9,497,806Net Assets 2017: -$5,164,9522017Assets 2018: $551,125Liabilities 2018: $7,007,444Net Assets 2018: -$6,456,3192018Assets 2019: $834,220Liabilities 2019: $10,158,035Net Assets 2019: -$9,323,8152019Assets 2020: $3,321,930Liabilities 2020: $15,093,776Net Assets 2020: -$11,771,8462020Assets 2021: $10,022,134Liabilities 2021: $14,598,344Net Assets 2021: -$4,576,2102021Assets 2022: $6,778,420Liabilities 2022: $14,737,436Net Assets 2022: -$7,959,0162022Assets 2023: $2,756,640Liabilities 2023: $14,989,895Net Assets 2023: -$12,233,2552023Assets 2023: $3,477,585Liabilities 2023: $15,031,516Net Assets 2023: -$11,553,9312023Assets 2024: $2,973,762Liabilities 2024: $32,235Net Assets 2024: $2,941,5272024

Highlighted filing

2023

Assets$2,756,640
Liabilities$14,989,895
Net Assets-$12,233,255

Operations Trend

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

$20M$10M$0-$10MRevenue 2016: $1,009,632Expenses 2016: $4,945,621Net Income 2016: -$3,935,9892016Revenue 2017: $6,036,020Expenses 2017: $7,264,983Net Income 2017: -$1,228,9632017Revenue 2018: $1,865,919Expenses 2018: $3,157,286Net Income 2018: -$1,291,3672018Revenue 2019: $1,727,094Expenses 2019: $4,594,590Net Income 2019: -$2,867,4962019Revenue 2020: $4,136,079Expenses 2020: $6,627,171Net Income 2020: -$2,491,0922020Revenue 2021: $10,163,260Expenses 2021: $2,967,624Net Income 2021: $7,195,6362021Revenue 2022: $193,917Expenses 2022: $3,576,723Net Income 2022: -$3,382,8062022Revenue 2023: $494,168Expenses 2023: $4,768,407Net Income 2023: -$4,274,2392023Revenue 2023: $1,077,426Expenses 2023: $4,768,396Net Income 2023: -$3,690,9702023Revenue 2024: $18,298,154Expenses 2024: $3,802,696Net Income 2024: $14,495,4582024

Highlighted filing

2023

Revenue$494,168
Expenses$4,768,407
Net Income-$4,274,239
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$494,168
Mission and Program Overview

Mission

Open Research Lab seeks to answer open-ended questions and develop technology that should not be owned by any one company and requires work on a very long time horizon. With investment in fundamental research declining, Open Research Lab seeks to fill fundamental research gaps.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$14,681,242$14,828,054▲ $146,812
Savings and Temporary Cash Investments$6,402,877$2,388,326▼ $4,014,551
Cash and Non-Interest-Bearing Accounts$292,948$330,325▲ $37,377
Land, Buildings, and Equipment, Net$36,523$23,170▼ $13,353
Prepaid Expenses and Deferred Charges$27,609$14,819▼ $12,790
Accounts Receivable-$0-
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-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$6,778,420$2,756,640▼ $4,021,780
Other Assets Total$18,463$0▼ $18,463
Liabilities
Accounts Payable and Accrued Expenses$56,194$161,841▲ $105,647
Total Liabilities$14,737,436$14,989,895▲ $252,459
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-7,959,016$-12,233,255▼ $4,274,239
Total Net Assets Fund Balance$-7,959,016$-12,233,255▼ $4,274,239
Total Liabilities and Net Assets / Fund Balance$6,778,420$2,756,640▼ $4,021,780

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,406$71,362$75,768
Other Land Buildings$18,764$50,651$69,415
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elizabeth RhodesResearch DirectorFT$185,000$23,834$208,834
Patrick KrauseData DirectorFT$165,000$32,861$197,861
Sam ManningResearch ManagerFT$154,500$13,091$167,591
Tess CotterOperations DirectorFT$118,333$13,801$132,134
Aristia Glinka KinisStrategy Director-$119,000$4,400$123,400

Board Members and Trustees

NameTitle
Chris ClarkCOO/Director
Patrick ScagliaDirector
Sam AltmanDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$178,797
Program Service Revenue
$152,290
Investment Income
$163,081
Other Revenue
$0
All Other Contributions
$178,797
Change in Net Assets
$-4,274,239

Audited Revenue Reconciliation

Revenue per Audited Statements
$494,168
Total Revenue per Audited Statements
$494,168
Total Revenue per Form 990
$494,168
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,505,124
Salaries, Compensation, and Employee Benefits$1,263,283
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$797,369$265,790-$1,063,159
Interest$110,109$36,703-$146,812
Information Technology$81,419$27,140-$108,559
Payroll Taxes$61,446$20,482-$81,928
Other Employee Benefits$57,518$19,173-$76,691
Insurance$48,857$16,285-$65,142
Fees for Services Accounting$33,950$11,316-$45,266
Pension Plan Contributions$31,129$10,376-$41,505
Fees for Services Other$34,741--$34,741
Travel$23,555$7,852-$31,407
Depreciation Depletion$10,015$3,338-$13,353
All Other Expenses$4,863$1,620-$6,483
Other Expenses$4,352$1,451-$5,803
Occupancy$2,692$897-$3,589
Office Expenses$896$299-$1,195
Advertising$456$152-$608
Total Functional Expenses$4,343,959$424,448$0$4,768,407

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,768,407
Total Expenses per Audited Statements$4,768,407
Total Expenses per Form 990$4,768,407
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
Loans from Officers, Directors, Trustees, and Key Employees$14,681,242$14,828,054▲ $146,812
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
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, Section B, Line 11B

The 990 will first be reviewed by the COO with the preparer and then the COO will present it to the board finance committee for review.

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

The Treasurer and COO remind board members and officers annually of the policy and answer any questions the board or officers may have.

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

Determined by the board using comparability data.

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

Determined by the board using comparability data.

Form 990, Part VI, Section C, Line 19

No other documents available to the public, except as may be required by applicable law.

Filing and Contact Details

Filer

Filer Name
Open Research Lab
EIN
81-0861414
Phone
4153068856
Address
1960 Bryant St, San Francisco, CA 94110

Signing Officer

Name
Chris Clark
Title
COO/Director
Signed
2024-11-15
Discuss with paid preparer
No

Organization Details

Principal Officer
Chris Clark
Formed
2015
Legal Domicile
De
Voting Board Members
3
Independent Board Members
3
Employees
12
Volunteers
3

Preparer

Firm
Fontanello Duffield & Otake LLP
Address
44 Montgomery Street Suite 1305, San Francisco, CA 94104
Preparer
Antonio Tellez Jr
Phone
4159830200
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Organization has been granted tax-exempt status under Section 501(c)(3) of the Internal Revenue Code and Section 23701(d) of the California Revenue and Taxation Code, and contributions to it are tax deductible. Accordingly,no provision for income taxes is included in the financial statements. The Organization has been classified as a publiclysupported organization, which is not a private foundation.

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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt020482
IRS990/PayrollTaxesGrp/ProgramServicesAmt061446
IRS990/PayrollTaxesGrp/TotalAmt081928
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt010376
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt031129
IRS990/PensionPlanContributionsGrp/TotalAmt041505
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt027609
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt014819
IRS990/PrincipalOfficerNm0Chris Clark
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0Program Revenue
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0152290
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0152290
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0161118
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt06959
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02487110
IRS990/PYProgramServiceRevenueAmt025840
IRS990/PYRevenuesLessExpensesAmt0-3382806
IRS990/PYSalariesCompEmpBnftPaidAmt01089613
IRS990/PYTotalExpensesAmt03576723
IRS990/PYTotalRevenueAmt0193917
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-4274239
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0152290
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06402877
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02388326
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0178797
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0161118
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt010135056
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt04136044
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01726811
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt016337826
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0163081
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt06959
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03204
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0283
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0173527
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0203130
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.33980
IRS990ScheduleA/PublicSupportPY170Pct00.36180
IRS990ScheduleA/PublicSupportTotal170Amt05610485
IRS990ScheduleA/SubstantialContributorsTotAmt010727341
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0178797
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0161118
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt010135056
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt04136044
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01726811
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt016337826
IRS990ScheduleA/TotalSupportAmt016511353
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt04406
IRS990ScheduleD/EquipmentGrp/DepreciationAmt071362
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt075768
IRS990ScheduleD/ExpensesSubtotalAmt04768407
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt018764
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt050651
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt069415
IRS990ScheduleD/RevenueSubtotalAmt0494168
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization has been granted tax-exempt status under Section 501(c)(3) of the Internal Revenue Code and Section 23701(d) of the California Revenue and Taxation Code, and contributions to it are tax deductible. Accordingly,no provision for income taxes is included in the financial statements. The Organization has been classified as a publiclysupported organization, which is not a private foundation.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt023170
IRS990ScheduleD/TotalExpensesPerForm990Amt04768407
IRS990ScheduleD/TotalRevenuePerForm990Amt0494168
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0494168
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04768407
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0185000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1165000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2154500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount05000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount15000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt018834
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt127861
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt213091
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Elizabeth Rhodes
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Patrick Krause
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Sam Manning
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Research Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Data Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2Research Manager
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0208834
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1197861
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2167591
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt014848054
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Operations
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt014071725
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Board Member
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Board Member/Officer
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt014848054
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 990 will first be reviewed by the COO with the preparer and then the COO will present it to the board finance committee for review.

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