Civic Intelligence

Open Metaverse Federation

990EZ • Fiscal year 2017 • EIN 81-2999195

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 14, 2018

Organization ProfileN/A
3110 Edwards Mill Road Ste 300Raleigh, NC 27612

(415) 562-5625

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

3rd percentile

-187%

Higher net margin than 3% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

11th percentile

-41%

Faster asset growth than 11% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

2nd percentile

-91%

Faster revenue growth than 2% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$66,368

Down $45,583 (-41%) from 2016

Net Assets

Down

$66,368

Down $17,037 (-20%) from 2016

Liabilities

Down

$0

Down $28,546 (-100%) from 2016

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin3rd percentile

Revenue

Down

$9,095

Down $96,265 (-91%) from 2016

Expenses

Up

$26,132

Up $4,177 (+19%) from 2016

Net Income

Down

-$17,037

Down $100,442 (-120%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

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

$150K$100K$50K$0Assets 2016: $111,951Liabilities 2016: $28,546Net Assets 2016: $83,4052016Assets 2017: $66,368Liabilities 2017: $0Net Assets 2017: $66,3682017Assets 2018: $33,762Liabilities 2018: $0Net Assets 2018: $33,7622018Assets 2019: $32,339Liabilities 2019: $0Net Assets 2019: $32,3392019

Highlighted filing

2017

Assets$66,368
Liabilities$0
Net Assets$66,368
Open 2017 Filing

Operations Trend

Revenue Growth2nd percentile

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

$150K$100K$50K$0-$50KRevenue 2016: $105,360Expenses 2016: $21,955Net Income 2016: $83,4052016Revenue 2017: $9,095Expenses 2017: $26,132Net Income 2017: -$17,0372017Revenue 2018: $0Expenses 2018: $32,606Net Income 2018: -$32,6062018Revenue 2019: $0Expenses 2019: $1,423Net Income 2019: -$1,4232019

Highlighted filing

2017

Revenue$9,095
Expenses$26,132
Net Income-$17,037
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 14, 2018
Return Version
2017v2.2
Gross Receipts
$9,095
Mission and Program Overview

Mission

The open metaverse federation is dedicated to promoting open standards in networked virtual worlds which will be accessed through virtual reality (vr), augmented reality (ar), and other interfaces.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION CONDUCTED A HIGH-LEVEL INDUSTRY RETREAT WITH CATALYTIC DRIVERS FROM KEY AR AND VR INDUSTRY PLAYERS. OUR REPRESENTATIVES ATTENDED MAJOR CONFERENCES, SAT ON INDUSTRY BOARDS, AND INFLUENCED POLICY AT MAJOR COMPANIES IN AR AND VR.$0$19,409
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL MEEHANBoard Member-$0--
ANDREW SHEPPARDBoard Member-$0--
MICHAEL CAPPSPresident & TreasurerPT$0--
LESLIE FOXSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Open Metaverse Federation
EIN
81-2999195
Phone
4155625625
Address
3110 EDWARDS MILL ROAD STE 300, RALEIGH, NC 27612

Signing Officer

Name
Michael Capps
Title
President
Phone
4155625625
Signed
2018-06-14
Discuss with paid preparer
Yes

Preparer

Firm
Blackman & Sloop Cpas Pa
Address
1414 RALEIGH RD SUITE 300, CHAPEL HILL, NC 27517
Preparer
Elizabeth Mauch
Phone
9199428700
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: bank fees. Amount: 177. Description: retreats expenses. Amount: 19,409. Description: license fee. Amount: 850. Description: marketing. Amount: 40. Total to form 990-ez, line 16: 20,476.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: accounts receivable. Beg. Of year amount: 6,930. End of year amount: 0.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: accounts payable. Beg. Of year amount: 20,451. End of year amount: 0. Description: deferred retreat revenue. Beg. Of year amount: 8,095. End of year amount: 0.”

Raw XML Appendix151 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0LESLIE FOX
IRS990EZ/BooksInCareOfDetail/PhoneNum04155625625
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03110 EDWARDS MILL ROAD STE 300
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0RALEIGH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd027612
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0105021
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt066368
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt01000
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-17037
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt05403
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0111951
IRS990EZ/Form990TotalAssetsGrp/EOYAmt066368
IRS990EZ/GrossReceiptsAmt09095
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt083405
IRS990EZ/NetAssetsOrFundBalancesEOYAmt066368
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt083405
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt066368
IRS990EZ/OccupancyRentUtltsAndMaintAmt0253
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt210.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHAEL MEEHAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ANDREW SHEPPARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MICHAEL CAPPS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LESLIE FOX
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PRESIDENT & TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt06930
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt020476
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE OPEN METAVERSE FEDERATION IS DEDICATED TO PROMOTING OPEN STANDARDS IN NETWORKED VIRTUAL WORLDS WHICH WILL BE ACCESSED THROUGH VIRTUAL REALITY (VR), AUGMENTED REALITY (AR), AND OTHER INTERFACES.
IRS990EZ/ProgramServiceRevenueAmt08095
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION CONDUCTED A HIGH-LEVEL INDUSTRY RETREAT WITH CATALYTIC DRIVERS FROM KEY AR AND VR INDUSTRY PLAYERS. OUR REPRESENTATIVES ATTENDED MAJOR CONFERENCES, SAT ON INDUSTRY BOARDS, AND INFLUENCED POLICY AT MAJOR COMPANIES IN AR AND VR.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt019409
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt028546
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt026132
IRS990EZ/TotalProgramServiceExpensesAmt019409
IRS990EZ/TotalRevenueAmt09095
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0RETREAT REVENUE - 2016 AMOUNT: $ 4,360. 2017 AMOUNT: $ 8,095.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1DESCRIPTION: START UP FUNDING DATE: 11/04/16 AMOUNT: 100000.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt08095
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt04360
IRS990ScheduleA/OtherIncome170Grp/TotalAmt012455
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt02000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02000
IRS990ScheduleA/TotalSupportAmt014455
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: BANK FEES. AMOUNT: 177. DESCRIPTION: RETREATS EXPENSES. AMOUNT: 19,409. DESCRIPTION: LICENSE FEE. AMOUNT: 850. DESCRIPTION: MARKETING. AMOUNT: 40. TOTAL TO FORM 990-EZ, LINE 16: 20,476.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 6,930. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 20,451. END OF YEAR AMOUNT: 0. DESCRIPTION: DEFERRED RETREAT REVENUE. BEG. OF YEAR AMOUNT: 8,095. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL CAPPS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04155625625
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-06-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OPEN METAVERSE FEDERATION
ReturnHeader/Filer/BusinessNameControlTxt0OPEN
ReturnHeader/Filer/EIN0812999195
ReturnHeader/Filer/PhoneNum04155625625
ReturnHeader/Filer/USAddress/AddressLine1Txt03110 EDWARDS MILL ROAD STE 300
ReturnHeader/Filer/USAddress/CityNm0RALEIGH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027612
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0B04086FCC06E5AF90DF869DCEBC5C8723733F57A
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0B04086FCC06E5AF90DF869DCEBC5C8723733F57A
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt045.20.211.129
ReturnHeader/FilingSecurityInformation/IPDt02018-06-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm007:38:46
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561304727
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BLACKMAN & SLOOP CPAS PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01414 RALEIGH RD SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHAPEL HILL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027517
ReturnHeader/PreparerPersonGrp/PhoneNum09199428700
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ELIZABETH MAUCH
ReturnHeader/ReturnTs02018-06-18T15:34:22-05:00
ReturnHeader/ReturnTypeCd0990EZ
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 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$66,368
Liabilities
$0
Net assets
$66,368
Revenue
$9,095
Expenses
$26,132
Net income
-$17,037
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$0.32$0.00$0.32$0.00$0.01$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$0.00$0.33$0.33
2017Detailed filing. Detailed filing data is available for this year.$0.66$0.00$0.66$0.09$0.26$0.17
2016Detailed filing. Detailed filing data is available for this year.$1.12$0.29$0.83$1.05$0.22$0.83