Civic Intelligence

Open Molecular Software Foundation

990 • Fiscal year 2022 • EIN 86-2536664

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 07, 2023

200 B Street Ste FDavis, CA 95616

(800) 436-3704

Siviq Scores

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

Liabilities / Assets

87th percentile

0.58x

Higher debt load relative to assets than 87% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

85th percentile

0.78x

Higher debt load relative to revenue than 85% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

74th percentile

23%

Higher net margin than 74% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

82nd percentile

$142,395

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 9.2% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

92nd percentile

79%

Faster asset growth than 92% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

93rd percentile

131%

Faster revenue growth than 93% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$2,099,223

Up $926,238 (+79%) from 2021

Net Assets

Up

$882,048

Up $363,765 (+70%) from 2021

Liabilities

Up

$1,217,175

Up $562,473 (+86%) from 2021

Revenue

Up

$1,555,132

Up $880,509 (+131%) from 2021

Expenses

Up

$1,191,367

Up $1,035,027 (+662%) from 2021

Net Income

Down

$363,765

Down $154,518 (-30%) from 2021

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2021: $1,172,985Liabilities 2021: $654,702Net Assets 2021: $518,2832021Assets 2022: $2,099,223Liabilities 2022: $1,217,175Net Assets 2022: $882,0482022Assets 2023: $3,046,567Liabilities 2023: $1,553,910Net Assets 2023: $1,492,6572023Assets 2024: $3,509,895Liabilities 2024: $2,340,251Net Assets 2024: $1,169,6442024

Highlighted filing

2022

Assets$2,099,223
Liabilities$1,217,175
Net Assets$882,048

Operations Trend

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

$6.0M$4.0M$2.0M$0Revenue 2021: $674,623Expenses 2021: $156,340Net Income 2021: $518,2832021Revenue 2022: $1,555,132Expenses 2022: $1,191,367Net Income 2022: $363,7652022Revenue 2023: $2,997,914Expenses 2023: $2,387,305Net Income 2023: $610,6092023Revenue 2024: $5,422,298Expenses 2024: $5,272,525Net Income 2024: $149,7732024

Highlighted filing

2022

Revenue$1,555,132
Expenses$1,191,367
Net Income$363,765
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 7, 2023
Return Version
2022v5.0
Gross Receipts
$1,555,132
Mission and Program Overview

Mission

1.our mission is to accelerate scientific, technical, and commercial progress through rapid development and dissemination of high quality research software and digital infrastructure in molecular sciences, and by facilitating open collaboration and community building.

Our mission is to advance molecular sciences by building high quality open source software and sustainable communities for research software development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$849,334$1,480,599▲ $631,265
Accounts Receivable$320,833$613,542▲ $292,709
Prepaid Expenses and Deferred Charges$2,818$5,082▲ $2,264
Total Assets$1,172,985$2,099,223▲ $926,238
Liabilities
Deferred Revenue$653,958$1,217,090▲ $563,132
Accounts Payable and Accrued Expenses$744$85▼ $659
Total Liabilities$654,702$1,217,175▲ $562,473
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$518,283$882,048▲ $363,765
Total Net Assets Fund Balance$518,283$882,048▲ $363,765
Total Liabilities and Net Assets / Fund Balance$1,172,985$2,099,223▲ $926,238
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard GowersSoftware SciFT$137,679$4,716$142,395
Jeffrey WagnerSoftware SciFT$135,202$4,667$139,869
David SwensonSoftware SciFT$107,888$3,516$111,404
Karmen Condic-jurkicSec/treas, EFT$94,390$2,704$97,094

Board Members and Trustees

NameTitle
David MobleyPresident
Brian WeitznerDirector
Clara ChristDirector
Michael GilsonDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,455,202
Program Service Revenue
$99,930
Investment Income
$0
Other Revenue
$0
All Other Contributions
$284,002
Change in Net Assets
$363,765
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$906,364
Other Expenses$285,003
Total Fundraising Expense$28,805
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$769,222-$14,240$783,462
Fees for Services Other$149,339--$149,339
Current Officers, Directors, Trustees, and Key Employees$33,983$48,546$14,565$97,094
Fees for Services Management-$50,760-$50,760
Fees for Services Legal-$28,880-$28,880
Pension Plan Contributions$25,808--$25,808
Office Expenses-$13,838-$13,838
Information Technology-$9,913-$9,913
Insurance-$7,695-$7,695
Advertising-$7,474-$7,474
Travel$6,624--$6,624
Conferences and Meetings$5,779--$5,779
Fees for Services Accounting-$1,200-$1,200
Other Expenses-$150-$150
Total Functional Expenses$990,755$171,807$28,805$1,191,367
International Activity

International Summary

Employees
7
Spending
$592,996

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
EuropeProgram & MgmtSoftware Development-3$255,268
East Asia and PacificProgram & MgmtSoftware Development-3$239,647
South AmericaProgram & MgmtSoftware Development-1$98,081
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
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 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
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

Cxore - 200 b street, ste f, davis, ca 95616 provided management, finance, accounting and human resource services during the year.

Form 990, Page 6, Part VI, Line 6

The organization has one class of membership. The primary right and obligation of the members is to elect an effective board of directors.

Form 990, Page 6, Part VI, Line 7A

The number of directors, the persons eligible to become directors and the classes of members eligible to elect and/or nominate directors may be amended at any time by a vote of the board of directors or by a vote of the members.

Form 990, Page 6, Part VI, Line 11B

Form 990 and related state filings are prepared by an independant cpa. The forms are reviewed and approved by the organization's board of directors before submission to the tax authorities.

Form 990, Page 6, Part VI, Line 12C

Members of the board of directors are required annually to sign an affirimation of conflict of interest policy and disclosure form in which they affirm that they have received a oopy of the policy, have read and understood it and have agreed to comply with the policy. They must also describe any relationships in which they have been involved that could contribute to, or consitute a conflict of interest. Monitoring and enforcement of the policy by the baord are set out in article iii.

Form 990, Page 6, Part VI, Line 15A

Omsf seeks to bring the best talent to the organization to help us further our mission, regardless of the prospective employee's geographic location. Omsf will determine the appropriate salary range for each position by conducting regular market surveys of comparable roles within a geographic region of interest. We will review and adjust salary ranges annually to ensure they remain competitive and equitable. Our organization will base compensation on the employee's job responsibilities, level of experience, education, and skills required to perform the job. Length of service, age, or any other factor not directly related to the position requirements will not be considered. We will establish salary ranges for each job classification, and will make salary offers within the established range. We will maintain accurate job descriptions for all positions, which will include the essential duties and responsibilities of each role. We will require employees supported by multiple projects or federal funding to maintain accurate and up-to-date time and attendance records, which will be used to verify the hours worked by each employee and appropriate assignment of effort invested in a specific project. For hosted project employees, all salary and wage payments need to be first approved by their appropriate governing body. The salary and wage payment for all employees must be further approved by the executive director or president to ensure equitable compensation across the organization for comparable roles. The salary of the executive director and other officers must be approved by the board of directors. Similar to the guidelines for employees, the total compensation for organization's officers is to be determined by the available budget and compared to compensations for similar roles in other (similar) organizations. Officers employed by omsf are entitled to all benefits offered to other employees, as described above. The total compensation needs to be approved by the majority vote of the board of directors. If an officer is a voting member of the board of directors, he or she will be excluded from voting on the matter of their compensation.

Form 990, Page 6, Part VI, Line 15B

See statement above, part vi, line 15a

Form 990, Page 6, Part VI, Line 19

Documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Open Molecular Software Foundation
EIN
86-2536664
Address
200 B STREET STE F, DAVIS, CA 95616

Signing Officer

Name
Karmen Condic-jurkic
Title
Sec/treas, Exec. Director
Signed
2023-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Mobley
Formed
2021
Legal Domicile
De
Voting Board Members
5
Independent Board Members
4
Employees
3
Volunteers
45

Preparer

Firm
CPA Corporation
Address
1420 ROCKY RIDGE DR STE 130, ROSEVILLE, CA 95661-2834
Preparer
William Simi
Phone
9167828500
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

1.our mission is to accelerate scientific, technical, and commercial progress through rapid development and dissemination of high quality research software and digital infrastructure in molecular sciences, and by facilitating open collaboration and community building.

Form 990, Part III

Line 4a in 2022, omsf launched one new hosted project (openfold) and continued to support our existing two open source projects in molecular sciences - open force field and open free energy. We also submitted three grant applications in 2022 to support our community-oriented programs. We were successfully awarded one from the chan zuckerberg initiative in nov 2022, where the total award is set to 349,000 over two years. We have also launched a service program in collaboration with memorial sloan kettering cancer center to help them adjust and further build on top of the software infrastructure developed by open force field and open free energy for their federally funded asap avidd project. We also continued to develop and improve our internal administrative processes to better serve our projects and communities. We brought in two new directors, clara christ (bayer) and brian weitzner (outpace bio), who act both as industry representatives and representatives of open free energy and openfold, respectively, on our board. We plan to continue to expand the board in 2023 with the goal of better understanding of challenges our community is facing with respect to development and governance of new technologies in the field of molecular sciences, and how omsf could help solve some of these challenges. In 2 short years of omsf existence, we have received a lot of interest and support from both academic and industry researchers, clearly signaling the need for a new type of organization that can tackle some of the ongoing problems with development and maintenance of common infrastructure, in addition to the traditional research institutions. Below, we provide a more detailed report about our activities associated with hosted projects, grants and program services. 1.hosted projects: open force field initiative mission: the open force field consortium (openff) is a network of academic and industry researchers working together to advance science and infrastructure required for building the next generation of small molecule and biomolecular force fields, launched in oct 2018. Force fields are physics-based models, i.e. Sets of parameters describing interactions between atoms and a prerequisite for computational simulations of molecular systems larger than a few hundreds of atoms. The shared goal of the researchers in the consortium is to develop automated and systematic data- driven techniques to parameterize and assess new generations of more accurate force fields. Software and data are released under open licensing agreements to enable rapid application, validation, extension and any kind of modification by our users and contributors. In addition, the consortium aims to build and support a strong community of users and contributors from industry and academia. Contributions and governance: funding for the openff consortium is raised via membership fees contributed by the participating industry partners - this funding is primarily focused on software development and maintenance to build reliable and production-ready open source infrastructure. There are 3 membership tiers associated with this consortium, where the membership fees are set to 100,000, 50,000 and 20,000 going from the highest to lowest tier. The consortium currently has 13 industry partners. The industry partners supporting the openff consortium get to appoint representatives to the openff advisory board, which meets regularly once a month to discuss progress and future directions for the project with the core developer team. The average annual revenue for openff is around 600k/year and the majority of this funding is spent on the core team's salaries. Openff allows in-kind contributions in the form of fte effort and compute time. In 2022, openff had one full-time contributor employed at boehringer-ingelheim (germany) and compute time donated by the adjacent research groups or high-computing facilities to test and benchmark newly developed software and force fields. Activities:

Form 990, Part IX, Line 11G

Contractors 56,380 0 0 consultants 57,200 0 0 other 35,759 0 0 total 149,339 0 0

Raw XML Appendix383 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.

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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1EAST ASIA AND PACIFIC
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2EUROPE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0SOFTWARE DEVELOPMENT
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1SOFTWARE DEVELOPMENT
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt2SOFTWARE DEVELOPMENT
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM & MGMT
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1PROGRAM & MGMT
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2PROGRAM & MGMT
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IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0SOUTH AMERICA 98,081 0 EAST ASIA AND PACIFIC 239,647 0 EUROPE 255,268 0
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE F, PAGE 1, PART I, LINE 3
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt01.OUR MISSION IS TO ACCELERATE SCIENTIFIC, TECHNICAL, AND COMMERCIAL PROGRESS THROUGH RAPID DEVELOPMENT AND DISSEMINATION OF HIGH QUALITY RESEARCH SOFTWARE AND DIGITAL INFRASTRUCTURE IN MOLECULAR SCIENCES, AND BY FACILITATING OPEN COLLABORATION AND COMMUNITY BUILDING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LINE 4A IN 2022, OMSF LAUNCHED ONE NEW HOSTED PROJECT (OPENFOLD) AND CONTINUED TO SUPPORT OUR EXISTING TWO OPEN SOURCE PROJECTS IN MOLECULAR SCIENCES - OPEN FORCE FIELD AND OPEN FREE ENERGY. WE ALSO SUBMITTED THREE GRANT APPLICATIONS IN 2022 TO SUPPORT OUR COMMUNITY-ORIENTED PROGRAMS. WE WERE SUCCESSFULLY AWARDED ONE FROM THE CHAN ZUCKERBERG INITIATIVE IN NOV 2022, WHERE THE TOTAL AWARD IS SET TO 349,000 OVER TWO YEARS. WE HAVE ALSO LAUNCHED A SERVICE PROGRAM IN COLLABORATION WITH MEMORIAL SLOAN KETTERING CANCER CENTER TO HELP THEM ADJUST AND FURTHER BUILD ON TOP OF THE SOFTWARE INFRASTRUCTURE DEVELOPED BY OPEN FORCE FIELD AND OPEN FREE ENERGY FOR THEIR FEDERALLY FUNDED ASAP AVIDD PROJECT. WE ALSO CONTINUED TO DEVELOP AND IMPROVE OUR INTERNAL ADMINISTRATIVE PROCESSES TO BETTER SERVE OUR PROJECTS AND COMMUNITIES. WE BROUGHT IN TWO NEW DIRECTORS, CLARA CHRIST (BAYER) AND BRIAN WEITZNER (OUTPACE BIO), WHO ACT BOTH AS INDUSTRY REPRESENTATIVES AND REPRESENTATIVES OF OPEN FREE ENERGY AND OPENFOLD, RESPECTIVELY, ON OUR BOARD. WE PLAN TO CONTINUE TO EXPAND THE BOARD IN 2023 WITH THE GOAL OF BETTER UNDERSTANDING OF CHALLENGES OUR COMMUNITY IS FACING WITH RESPECT TO DEVELOPMENT AND GOVERNANCE OF NEW TECHNOLOGIES IN THE FIELD OF MOLECULAR SCIENCES, AND HOW OMSF COULD HELP SOLVE SOME OF THESE CHALLENGES. IN 2 SHORT YEARS OF OMSF EXISTENCE, WE HAVE RECEIVED A LOT OF INTEREST AND SUPPORT FROM BOTH ACADEMIC AND INDUSTRY RESEARCHERS, CLEARLY SIGNALING THE NEED FOR A NEW TYPE OF ORGANIZATION THAT CAN TACKLE SOME OF THE ONGOING PROBLEMS WITH DEVELOPMENT AND MAINTENANCE OF COMMON INFRASTRUCTURE, IN ADDITION TO THE TRADITIONAL RESEARCH INSTITUTIONS. BELOW, WE PROVIDE A MORE DETAILED REPORT ABOUT OUR ACTIVITIES ASSOCIATED WITH HOSTED PROJECTS, GRANTS AND PROGRAM SERVICES. 1.HOSTED PROJECTS: OPEN FORCE FIELD INITIATIVE MISSION: THE OPEN FORCE FIELD CONSORTIUM (OPENFF) IS A NETWORK OF ACADEMIC AND INDUSTRY RESEARCHERS WORKING TOGETHER TO ADVANCE SCIENCE AND INFRASTRUCTURE REQUIRED FOR BUILDING THE NEXT GENERATION OF SMALL MOLECULE AND BIOMOLECULAR FORCE FIELDS, LAUNCHED IN OCT 2018. FORCE FIELDS ARE PHYSICS-BASED MODELS, I.E. SETS OF PARAMETERS DESCRIBING INTERACTIONS BETWEEN ATOMS AND A PREREQUISITE FOR COMPUTATIONAL SIMULATIONS OF MOLECULAR SYSTEMS LARGER THAN A FEW HUNDREDS OF ATOMS. THE SHARED GOAL OF THE RESEARCHERS IN THE CONSORTIUM IS TO DEVELOP AUTOMATED AND SYSTEMATIC DATA- DRIVEN TECHNIQUES TO PARAMETERIZE AND ASSESS NEW GENERATIONS OF MORE ACCURATE FORCE FIELDS. SOFTWARE AND DATA ARE RELEASED UNDER OPEN LICENSING AGREEMENTS TO ENABLE RAPID APPLICATION, VALIDATION, EXTENSION AND ANY KIND OF MODIFICATION BY OUR USERS AND CONTRIBUTORS. IN ADDITION, THE CONSORTIUM AIMS TO BUILD AND SUPPORT A STRONG COMMUNITY OF USERS AND CONTRIBUTORS FROM INDUSTRY AND ACADEMIA. CONTRIBUTIONS AND GOVERNANCE: FUNDING FOR THE OPENFF CONSORTIUM IS RAISED VIA MEMBERSHIP FEES CONTRIBUTED BY THE PARTICIPATING INDUSTRY PARTNERS - THIS FUNDING IS PRIMARILY FOCUSED ON SOFTWARE DEVELOPMENT AND MAINTENANCE TO BUILD RELIABLE AND PRODUCTION-READY OPEN SOURCE INFRASTRUCTURE. THERE ARE 3 MEMBERSHIP TIERS ASSOCIATED WITH THIS CONSORTIUM, WHERE THE MEMBERSHIP FEES ARE SET TO 100,000, 50,000 AND 20,000 GOING FROM THE HIGHEST TO LOWEST TIER. THE CONSORTIUM CURRENTLY HAS 13 INDUSTRY PARTNERS. THE INDUSTRY PARTNERS SUPPORTING THE OPENFF CONSORTIUM GET TO APPOINT REPRESENTATIVES TO THE OPENFF ADVISORY BOARD, WHICH MEETS REGULARLY ONCE A MONTH TO DISCUSS PROGRESS AND FUTURE DIRECTIONS FOR THE PROJECT WITH THE CORE DEVELOPER TEAM. THE AVERAGE ANNUAL REVENUE FOR OPENFF IS AROUND 600K/YEAR AND THE MAJORITY OF THIS FUNDING IS SPENT ON THE CORE TEAM'S SALARIES. OPENFF ALLOWS IN-KIND CONTRIBUTIONS IN THE FORM OF FTE EFFORT AND COMPUTE TIME. IN 2022, OPENFF HAD ONE FULL-TIME CONTRIBUTOR EMPLOYED AT BOEHRINGER-INGELHEIM (GERMANY) AND COMPUTE TIME DONATED BY THE ADJACENT RESEARCH GROUPS OR HIGH-COMPUTING FACILITIES TO TEST AND BENCHMARK NEWLY DEVELOPED SOFTWARE AND FORCE FIELDS. ACTIVITIES:
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CXORE - 200 B STREET, STE F, DAVIS, CA 95616 PROVIDED MANAGEMENT, FINANCE, ACCOUNTING AND HUMAN RESOURCE SERVICES DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HAS ONE CLASS OF MEMBERSHIP. THE PRIMARY RIGHT AND OBLIGATION OF THE MEMBERS IS TO ELECT AN EFFECTIVE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE NUMBER OF DIRECTORS, THE PERSONS ELIGIBLE TO BECOME DIRECTORS AND THE CLASSES OF MEMBERS ELIGIBLE TO ELECT AND/OR NOMINATE DIRECTORS MAY BE AMENDED AT ANY TIME BY A VOTE OF THE BOARD OF DIRECTORS OR BY A VOTE OF THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FORM 990 AND RELATED STATE FILINGS ARE PREPARED BY AN INDEPENDANT CPA. THE FORMS ARE REVIEWED AND APPROVED BY THE ORGANIZATION'S BOARD OF DIRECTORS BEFORE SUBMISSION TO THE TAX AUTHORITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED ANNUALLY TO SIGN AN AFFIRIMATION OF CONFLICT OF INTEREST POLICY AND DISCLOSURE FORM IN WHICH THEY AFFIRM THAT THEY HAVE RECEIVED A OOPY OF THE POLICY, HAVE READ AND UNDERSTOOD IT AND HAVE AGREED TO COMPLY WITH THE POLICY. THEY MUST ALSO DESCRIBE ANY RELATIONSHIPS IN WHICH THEY HAVE BEEN INVOLVED THAT COULD CONTRIBUTE TO, OR CONSITUTE A CONFLICT OF INTEREST. MONITORING AND ENFORCEMENT OF THE POLICY BY THE BAORD ARE SET OUT IN ARTICLE III.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7OMSF SEEKS TO BRING THE BEST TALENT TO THE ORGANIZATION TO HELP US FURTHER OUR MISSION, REGARDLESS OF THE PROSPECTIVE EMPLOYEE'S GEOGRAPHIC LOCATION. OMSF WILL DETERMINE THE APPROPRIATE SALARY RANGE FOR EACH POSITION BY CONDUCTING REGULAR MARKET SURVEYS OF COMPARABLE ROLES WITHIN A GEOGRAPHIC REGION OF INTEREST. WE WILL REVIEW AND ADJUST SALARY RANGES ANNUALLY TO ENSURE THEY REMAIN COMPETITIVE AND EQUITABLE. OUR ORGANIZATION WILL BASE COMPENSATION ON THE EMPLOYEE'S JOB RESPONSIBILITIES, LEVEL OF EXPERIENCE, EDUCATION, AND SKILLS REQUIRED TO PERFORM THE JOB. LENGTH OF SERVICE, AGE, OR ANY OTHER FACTOR NOT DIRECTLY RELATED TO THE POSITION REQUIREMENTS WILL NOT BE CONSIDERED. WE WILL ESTABLISH SALARY RANGES FOR EACH JOB CLASSIFICATION, AND WILL MAKE SALARY OFFERS WITHIN THE ESTABLISHED RANGE. WE WILL MAINTAIN ACCURATE JOB DESCRIPTIONS FOR ALL POSITIONS, WHICH WILL INCLUDE THE ESSENTIAL DUTIES AND RESPONSIBILITIES OF EACH ROLE. WE WILL REQUIRE EMPLOYEES SUPPORTED BY MULTIPLE PROJECTS OR FEDERAL FUNDING TO MAINTAIN ACCURATE AND UP-TO-DATE TIME AND ATTENDANCE RECORDS, WHICH WILL BE USED TO VERIFY THE HOURS WORKED BY EACH EMPLOYEE AND APPROPRIATE ASSIGNMENT OF EFFORT INVESTED IN A SPECIFIC PROJECT. FOR HOSTED PROJECT EMPLOYEES, ALL SALARY AND WAGE PAYMENTS NEED TO BE FIRST APPROVED BY THEIR APPROPRIATE GOVERNING BODY. THE SALARY AND WAGE PAYMENT FOR ALL EMPLOYEES MUST BE FURTHER APPROVED BY THE EXECUTIVE DIRECTOR OR PRESIDENT TO ENSURE EQUITABLE COMPENSATION ACROSS THE ORGANIZATION FOR COMPARABLE ROLES. THE SALARY OF THE EXECUTIVE DIRECTOR AND OTHER OFFICERS MUST BE APPROVED BY THE BOARD OF DIRECTORS. SIMILAR TO THE GUIDELINES FOR EMPLOYEES, THE TOTAL COMPENSATION FOR ORGANIZATION'S OFFICERS IS TO BE DETERMINED BY THE AVAILABLE BUDGET AND COMPARED TO COMPENSATIONS FOR SIMILAR ROLES IN OTHER (SIMILAR) ORGANIZATIONS. OFFICERS EMPLOYED BY OMSF ARE ENTITLED TO ALL BENEFITS OFFERED TO OTHER EMPLOYEES, AS DESCRIBED ABOVE. THE TOTAL COMPENSATION NEEDS TO BE APPROVED BY THE MAJORITY VOTE OF THE BOARD OF DIRECTORS. IF AN OFFICER IS A VOTING MEMBER OF THE BOARD OF DIRECTORS, HE OR SHE WILL BE EXCLUDED FROM VOTING ON THE MATTER OF THEIR COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8SEE STATEMENT ABOVE, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10CONTRACTORS 56,380 0 0 CONSULTANTS 57,200 0 0 OTHER 35,759 0 0 TOTAL 149,339 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0KARMEN CONDIC-JURKIC
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SEC/TREAS, EXEC. DIR
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OPEN MOLECULAR SOFTWARE FOUNDATION
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ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM SIMI
ReturnHeader/ReturnTs02023-11-09T14:29:14-05:00
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ReturnHeader/TaxPeriodEndDt02022-12-31
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