Civic Intelligence

Open Research Institute Inc.

EIN 82-3945232 • 501(c)3 • San Diego, CA

Pub. 78 Eligible990-N Coverage

Profile

Open Research institute (ORI) is a research institute that shares all of its work with the general pubic at no cost. ORI's primary mission is to provide open source designs and equipment for broadband digital microwave multiplexing radios suitable for both space and terrestrial use. these radios are intended for the amateur radio and amateur radio satellite communications services. These services are established by the International telecommunication Union (ITU) and regulated by national governments.

3525 Del Mar Heights Road 1873San Diego, CA 92130

openresearch.institute

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

33rd percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

34th percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

36th percentile

-1.9%

Higher net margin than 36% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

40th percentile

-0.0%

Faster asset growth than 40% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

10th percentile

-34%

Faster revenue growth than 10% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Down

$524,061

Down $216 (-0.0%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Down

$524,061

Down $216 (-0.0%) from 2024

Operations
Liabilities / Revenue34th percentileNet Margin36th percentile

Revenue

Down

$11,291

Down $5,891 (-34%) from 2024

Expenses

Down

$11,507

Down $7,273 (-39%) from 2024

Net Income

Up

-$216

Up $1,382 (+86%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth40th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2020: $689,403Liabilities 2020: $0Net Assets 2020: $689,4032020Assets 2021: $676,101Liabilities 2021: $0Net Assets 2021: $676,1012021Assets 2022: $539,886Liabilities 2022: $0Net Assets 2022: $539,8862022Assets 2023: $525,875Liabilities 2023: $0Net Assets 2023: $525,8752023Assets 2024: $524,277Liabilities 2024: $0Net Assets 2024: $524,2772024Assets 2025: $524,061Liabilities 2025: $0Net Assets 2025: $524,0612025

Highlighted filing

2025

Assets$524,061
Liabilities$0
Net Assets$524,061
Open 2025 Filing

Operations Trend

Revenue Growth10th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2020: $722,450Expenses 2020: $126,183Net Income 2020: $596,2672020Revenue 2021: $250,205Expenses 2021: $263,507Net Income 2021: -$13,3022021Revenue 2022: $997Expenses 2022: $142,268Net Income 2022: -$141,2712022Revenue 2023: $41,627Expenses 2023: $55,638Net Income 2023: -$14,0112023Revenue 2024: $17,182Expenses 2024: $18,780Net Income 2024: -$1,5982024Revenue 2025: $11,291Expenses 2025: $11,507Net Income 2025: -$2162025

Highlighted filing

2025

Revenue$11,291
Expenses$11,507
Net Income-$216
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$524,061
Liabilities
$0
Net assets
$524,061
Revenue
$11,291
Expenses
$11,507
Net income
-$216
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.24$0.00$5.24$0.11$0.12$0.00
2024Detailed filing. Detailed filing data is available for this year.$5.24$0.00$5.24$0.17$0.19$0.02
2023Detailed filing. Detailed filing data is available for this year.$5.26$0.00$5.26$0.42$0.56$0.14
2022Detailed filing. Detailed filing data is available for this year.$5.40$0.00$5.40$0.01$1.42$1.41
2021Detailed filing. Detailed filing data is available for this year.$6.76$0.00$6.76$2.50$2.64$0.13
2020Detailed filing. Detailed filing data is available for this year.$6.89$0.00$6.89$7.22$1.26$5.96
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Jan 28, 2026
Return Version
2025v4.0
Gross Receipts
$11,291
Mission and Program Overview

Mission

Open Research institute (ORI) is a research institute that shares all of its work with the general pubic at no cost. ORI's primary mission is to provide open source designs and equipment for broadband digital microwave multiplexing radios suitable for both space and terrestrial use. these radios are intended for the amateur radio and amateur radio satellite communications services. These services are established by the International telecommunication Union (ITU) and regulated by national governments.

Open Research Institute ORI is a non-profit research and development organization which provides all of its work to the general public under the principles of Open Source and Open Access to Research.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$440,717$440,792▲ $75
Land, Buildings, and Equipment, Net$79,719$79,719→ $0
Cash and Non-Interest-Bearing Accounts$3,841$3,550▼ $291
Accounts Receivable$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
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$524,277$524,061▼ $216
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$524,277$524,061▼ $216
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$524,277$524,061▼ $216
Total Liabilities and Net Assets / Fund Balance$524,277$524,061▼ $216

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$79,719$0-
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Anshul MakkarDirector
Matthew WishekDirector
Michelle ThompsonCEO
Steve ConklinCFO
Keith WheelerSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$2,353
Program Service Revenue
$0
Investment Income
$8,938
Other Revenue
$0
All Other Contributions
$2,353
Change in Net Assets
$-216
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$11,507
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
Insurance$1,562$1,561$0$3,123
Office Expenses$1,394$0$0$1,394
Fees for Services Accounting$0$1,284$0$1,284
Travel$580$0$0$580
Information Technology$317$0$0$317
Advertising$135$0$0$135
Total Functional Expenses$8,662$2,845$0$11,507
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
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$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 11A

“A draft PDF of the Form 990 was distributed to all Directors all Officers and an independent volunteer committee drawn from membership. Several weeks were allocated for a review of the Form 990 before submission.”

Part VI, Line 12C

“A review of the conflict of interest policy was made at all meetings in 2025. Each board member was asked to disclose any conflicts of interest. No conflicts of interest were reported in 2025.”

Part VI, Line 19

“All governing documents including the Participants and Developers policies Code of Conduct conflict of interest policy and financial statements are available on the organizations website and upon request.”

Filing and Contact Details

Filer

Filer Name
Open Research Institute Inc
EIN
82-3945232
Phone
8582293399
Address
3525 DEL MAR HEIGHTS ROAD 1873, SAN DIEGO, CA 92130

Signing Officer

Name
Michelle Thompson
Title
CEO
Phone
8582293399
Signed
2026-01-28

Organization Details

Principal Officer
Michelle Thompson
Formed
2019
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
2,000
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