Civic Intelligence

Open Metaverse Federation

990EZ • Fiscal year 2018 • EIN 81-2999195

Jan 01, 2018 to Dec 31, 2018 • Filed on May 10, 2019

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

57th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

9th percentile

-49%

Faster asset growth than 9% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$33,762

Down $32,606 (-49%) from 2017

Net Assets

Down

$33,762

Down $32,606 (-49%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $9,095 (-100%) from 2017

Expenses

Up

$32,606

Up $6,474 (+25%) from 2017

Net Income

Down

-$32,606

Down $15,569 (-91%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth9th 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

2018

Assets$33,762
Liabilities$0
Net Assets$33,762
Open 2018 Filing

Operations Trend

Revenue Growth1st 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

2018

Revenue$0
Expenses$32,606
Net Income-$32,606
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 10, 2019
Return Version
2018v3.1
Gross Receipts
$0
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$31,038
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
2019-05-10
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: 2. Description: marketing. Amount: 60. Total to form 990-ez, line 16: 62.”

Raw XML Appendix143 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
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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/BOYAmt066368
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IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt033762
IRS990EZ/OccupancyRentUtltsAndMaintAmt0256
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.25
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
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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/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt062
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/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/ProgramServiceExpensesAmt031038
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt032606
IRS990EZ/TotalProgramServiceExpensesAmt031038
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0RETREAT REVENUE - 2016 AMOUNT: $ 4,360. 2017 AMOUNT: $ 8,095. 2018 AMOUNT: $ 0.
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/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt08095
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt04360
IRS990ScheduleA/OtherIncome170Grp/TotalAmt012455
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt02000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02000
IRS990ScheduleA/TotalSupportAmt014455
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: BANK FEES. AMOUNT: 2. DESCRIPTION: MARKETING. AMOUNT: 60. TOTAL TO FORM 990-EZ, LINE 16: 62.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
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/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL CAPPS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04155625625
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-10
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/AtSubmissionCreationDeviceId01B3E3AB753DA12F362349F1C8D3AE4717844F47D
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt045.20.211.129
ReturnHeader/FilingSecurityInformation/IPDt02019-05-10
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm007:54:09
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/ReturnTs02019-05-14T12:03:43-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$33,762
Liabilities
$0
Net assets
$33,762
Revenue
$0
Expenses
$32,606
Net income
-$32,606
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