Civic Intelligence

Open Research Lab Inc.

990 • Fiscal year 2016 • EIN 81-0861414

Jan 01, 2016 to Dec 31, 2016 • Filed on Dec 11, 2017

469 9th Street 2nd FloorOakland, CA 94607

(833) 927-2677

Siviq Scores

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

Liabilities / Assets

99th percentile

3.99x

Higher debt load relative to assets than 99% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

95th percentile

5.20x

Higher debt load relative to revenue than 95% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

1st percentile

-390%

Higher net margin than 1% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

94th percentile

$284,466

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 28.2% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Assets

$1,314,924

No earlier filing loaded for comparison.

Net Assets

-$3,935,989

No earlier filing loaded for comparison.

Liabilities

$5,250,913

No earlier filing loaded for comparison.

Revenue

$1,009,632

No earlier filing loaded for comparison.

Expenses

$4,945,621

No earlier filing loaded for comparison.

Net Income

-$3,935,989

No earlier filing loaded for comparison.

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: $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

2016

Assets$1,314,924
Liabilities$5,250,913
Net Assets-$3,935,989

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: $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

2016

Revenue$1,009,632
Expenses$4,945,621
Net Income-$3,935,989
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Dec 11, 2017
Return Version
2016v3.0
Gross Receipts
$1,009,632
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.

YCR 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, YCR seeks to fill fundamental research gaps.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors-$5,223,285-
Cash and Non-Interest-Bearing Accounts-$1,029,537-
Savings and Temporary Cash Investments-$100,000-
Prepaid Expenses and Deferred Charges-$60,923-
Land, Buildings, and Equipment, Net-$34,935-
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$0$1,314,924▲ $1,314,924
Other Assets Total-$89,529-
Liabilities
Accounts Payable and Accrued Expenses-$27,628-
Total Liabilities$0$5,250,913▲ $5,250,913
Net Assets / Fund Balance
Unrestricted Net Assets-$-3,935,989-
Total Net Assets Fund Balance$0$-3,935,989▼ $3,935,989
Total Liabilities and Net Assets / Fund Balance$0$1,314,924▲ $1,314,924

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$34,935$5,030$39,965
Other Assets Org$89,529--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dan IngallsInvestigatorFT$267,179$17,287$284,466
Alex WarthInvestigatorFT$233,782$10,677$244,459
Bret VictorInvestigatorFT$200,385$4,853$205,238
John MaloneyInvestigatorFT$166,987$9,199$176,186
Chris ClarkPresident/COOPT$164,871$4,642$169,513
Emily EiflerResearcherFT$160,312$7,819$168,131

Board Members and Trustees

NameTitle
Patrick ScagliaDirector
Sam AltmanDirector
Jonathan LevySec/Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Pat DubroyResearch ConsultantLipowskystr 20, Munich, Europe, Gm$113,750
Bert FreudenbergResearch ConsultantBreiter Weg 228, Magdeberg, Gm$112,000
Revenue and Support

Revenue Composition

Contributions and Grants
$1,000,000
Program Service Revenue
$0
Investment Income
$34
Other Revenue
$9,598
All Other Contributions
$1,000,000
Change in Net Assets
$-3,935,989
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,364,638
Other Expenses$1,580,983
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,843,642--$2,843,642
Fees for Services Other$729,921--$729,921
Occupancy$440,838--$440,838
Payroll Taxes$190,906--$190,906
Current Officers, Directors, Trustees, and Key Employees$169,513--$169,513
Other Employee Benefits$160,577--$160,577
Travel$86,255--$86,255
Office Expenses-$74,536-$74,536
Fees for Services Legal$69,193--$69,193
Conferences and Meetings$40,569--$40,569
Interest$23,285--$23,285
Insurance-$13,214-$13,214
Depreciation Depletion$5,030--$5,030
Other Expenses$103--$103
Total Functional Expenses$4,857,871$87,750$0$4,945,621
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-$5,223,285-
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
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, Line 11B: Form 990 Review Process

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 approval.

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

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, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Determined by the board using comparability data.

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

Determined by the board using comparability data.

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

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Y Combinator Research Inc
EIN
81-0861414
Phone
8339272677
Address
469 9th Street 2nd Floor, Oakland, CA 94607

Signing Officer

Name
Chris Clark
Title
President/COO
Signed
2017-12-11
Discuss with paid preparer
No

Organization Details

Principal Officer
Chris Clark
Formed
2015
Legal Domicile
De
Voting Board Members
4
Independent Board Members
0
Employees
0
Volunteers
3

Preparer

Firm
Fontanello Duffield & Otake LLP
Address
44 Montgomery Street Suite 1305, San Francisco, CA 94104
Preparer
Michael Fontanello
Phone
4159830200
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0160577
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0160577
IRS990/OtherExpensesGrp/Desc0IT Expense
IRS990/OtherExpensesGrp/Desc1Other Taxes
IRS990/OtherExpensesGrp/Desc2Research Survey
IRS990/OtherExpensesGrp/Desc3Miscellaneous Expense
IRS990/OtherExpensesGrp/ProgramServicesAmt096311
IRS990/OtherExpensesGrp/ProgramServicesAmt11210
IRS990/OtherExpensesGrp/ProgramServicesAmt2518
IRS990/OtherExpensesGrp/ProgramServicesAmt3103
IRS990/OtherExpensesGrp/TotalAmt096311
IRS990/OtherExpensesGrp/TotalAmt11210
IRS990/OtherExpensesGrp/TotalAmt2518
IRS990/OtherExpensesGrp/TotalAmt3103
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02843642
IRS990/OtherSalariesAndWagesGrp/TotalAmt02843642
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt0190906
IRS990/PayrollTaxesGrp/TotalAmt0190906
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt060923
IRS990/PrincipalOfficerNm0Chris Clark
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-3935989
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt09598
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0100000
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01000000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01000000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt034
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt034
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt01000000
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01000000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01000000
IRS990ScheduleA/TotalSupportAmt01000034
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/BookValueAmt034935
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05030
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt039965
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt089529
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Security Deposits
IRS990ScheduleD/TotalBookValueLandBuildingsAmt034935
IRS990ScheduleD/TotalBookValueOtherAssetsAmt089529
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990ScheduleJ/RebuttablePresumptionProcInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0233782
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1200385
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2164871
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3267179
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt4160312
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt5166987
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt040942
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt010677
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt14853
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt24642
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt317287
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt47819
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt59199
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Alex Warth
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Bret Victor
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Chris Clark
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3Dan Ingalls
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm4Emily Eifler
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm5John Maloney
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Investigator
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Investigator
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2President/COO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3Investigator
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt4Researcher
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt5Investigator
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0244459
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1205238
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2169513
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt3284466
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt4168131
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt5176186
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt040942
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt05223285
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Operations
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt05200000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Sam Altman
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Board Member/Officer
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt05223285
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 approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Treasurer and COO remind board members and officers annually of the policy and answer any questions the board or officers may have.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Determined by the board using comparability data.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Determined by the board using comparability data.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Documents are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees

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