Civic Intelligence

Octane Foundation for Innovation

990 • Fiscal year 2015 • EIN 90-0176361

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 10, 2016

65 EnterpriseAliso Viejo, CA 92656-2601

(949) 330-6569

Siviq Scores

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

Liabilities / Assets

85th percentile

0.59x

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

87th percentile

0.75x

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

81st percentile

24%

Higher net margin than 81% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

97th percentile

$250,104

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 56.3% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

98th percentile

353%

Faster asset growth than 98% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

87th percentile

49%

Faster revenue growth than 87% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$571,522

Up $445,284 (+353%) from 2014

Net Assets

Up

$236,986

Up $110,748 (+88%) from 2014

Liabilities

Up

$334,536

Up $334,536 from 2014

Revenue

Up

$444,338

Up $146,263 (+49%) from 2014

Expenses

Up

$337,335

Up $51,110 (+18%) from 2014

Net Income

Up

$107,003

Up $95,153 (+803%) from 2014

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $86,838Liabilities 2011: $0Net Assets 2011: $86,8382011Assets 2012: $102,638Liabilities 2012: $0Net Assets 2012: $102,6382012Assets 2013: $114,388Liabilities 2013: $0Net Assets 2013: $114,3882013Assets 2014: $126,238Liabilities 2014: $0Net Assets 2014: $126,2382014Assets 2015: $571,522Liabilities 2015: $334,536Net Assets 2015: $236,9862015Assets 2016: $420,885Liabilities 2016: $117,633Net Assets 2016: $303,2522016Assets 2017: $631,644Liabilities 2017: $175,000Net Assets 2017: $456,6442017Assets 2018: $943,754Liabilities 2018: $345,346Net Assets 2018: $598,4082018Assets 2019: $1,306,481Liabilities 2019: $945,326Net Assets 2019: $361,1552019Assets 2020: $1,068,943Liabilities 2020: $762,614Net Assets 2020: $306,3292020Assets 2021: $1,182,255Liabilities 2021: $1,034,033Net Assets 2021: $148,2222021Assets 2022: $1,259,116Liabilities 2022: $1,345,576Net Assets 2022: -$86,4602022Assets 2023: $1,945,323Liabilities 2023: $2,353,422Net Assets 2023: -$408,0992023Assets 2024: $1,045,051Liabilities 2024: $1,507,608Net Assets 2024: -$462,5572024

Highlighted filing

2015

Assets$571,522
Liabilities$334,536
Net Assets$236,986

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $235,396Expenses 2011: $214,000Net Income 2011: $21,3962011Revenue 2012: $245,633Expenses 2012: $229,833Net Income 2012: $15,8002012Revenue 2013: $244,597Expenses 2013: $232,847Net Income 2013: $11,7502013Revenue 2014: $298,075Expenses 2014: $286,225Net Income 2014: $11,8502014Revenue 2015: $444,338Expenses 2015: $337,335Net Income 2015: $107,0032015Revenue 2016: $438,791Expenses 2016: $365,329Net Income 2016: $73,4622016Revenue 2017: $583,467Expenses 2017: $430,075Net Income 2017: $153,3922017Revenue 2018: $546,849Expenses 2018: $405,085Net Income 2018: $141,7642018Revenue 2019: $664,103Expenses 2019: $901,356Net Income 2019: -$237,2532019Revenue 2020: $677,631Expenses 2020: $732,457Net Income 2020: -$54,8262020Revenue 2021: $664,685Expenses 2021: $822,792Net Income 2021: -$158,1072021Revenue 2022: $1,059,886Expenses 2022: $1,294,568Net Income 2022: -$234,6822022Revenue 2023: $1,110,270Expenses 2023: $1,431,909Net Income 2023: -$321,6392023Revenue 2024: $909,812Expenses 2024: $964,270Net Income 2024: -$54,4582024

Highlighted filing

2015

Revenue$444,338
Expenses$337,335
Net Income$107,003
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 10, 2016
Return Version
2015v2.1
Gross Receipts
$444,338
Mission and Program Overview

Mission

OFI is focused on advancing biomedical and information technology innovation and entrepreneurship within Orange County.

The OCTANe Foundation for Innovation (OFI) is focused on advancing biomedical and information technology innovation and entrepreneurship within Orange County.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$54,759$399,396▲ $344,637
Accounts Receivable$71,479$172,126▲ $100,647
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$126,238$571,522▲ $445,284
Liabilities
Accounts Payable and Accrued Expenses-$334,536-
Total Liabilities$0$334,536▲ $334,536
Net Assets / Fund Balance
Total Net Assets Fund Balance$126,238$236,986▲ $110,748
Total Liabilities and Net Assets / Fund Balance$126,238$571,522▲ $445,284
Compensation and Service Providers

Employees

NameTitleOtherTotal
Matthew JenusaitisBoard Member (through 12/31/15)$149,648$149,648

Board Members and Trustees

NameTitle
William CarpouPresident & CEO
Carey RansomBoard Member
Fred ThielBoard Member
Goran MatijasevicBoard Member
Kim KovacsBoard Member
Richard HensonBoard Member
Richard SudekBoard Member
Rick DeGabrielleBoard Member
Russ GarciaBoard Member
Thomas BerrymanBoard Member
Randy LunnBoard Member (THROUGH 6/30/15)
Robert RosenbluthBoard Member (through 8/25/15)
Paul SymczakVP Entrepreneurship/Board
Revenue and Support

Revenue Composition

Contributions and Grants
$436,713
Program Service Revenue
$7,625
Investment Income
$0
Other Revenue
$0
All Other Contributions
$306,872
Change in Net Assets
$107,003
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$242,813
Grants and Similar Amounts Paid$77,500
Other Expenses$17,022
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$221,852--$221,852
Grants to Domestic Orgs$77,500--$77,500
Payroll Taxes$11,770--$11,770
Other Employee Benefits$8,499$692-$9,191
Other Expenses$16,867$20-$20
Total Functional Expenses$336,488$847$0$337,335
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Orange County Technology Action NetworkAliso Viejo, CA501(c)(6)Support of Orange County Ophthamology Tech. Summit & Mdif Health Pavilion$75,000
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
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

Form 990, Part VI, Section B, line 11

THE FINAL FORM 990 IS REVIEWED AND APPROVED BY THE President/CEO.

Form 990, Part VI, Section B, line 12C

All board members, officers, directors, and key employees complete a conflict of interest questionnaire which is updated and reviewed annually by board members.

Form 990, Part VI, Section B, line 15

The compensation of the ceo, executive director, top management official, other officers, or key employees is determined and approved by the executive committee of octane, a related organization. The executive committee is composed of members of the board who have a deep knowledge of the organization and are able to provide appropriate guidance and support to the entire board. Executive compensation is reviewed by this committee on a semi-annual basis and any changes are approved and documented in writing.

Form 990, Part VI, Section C, line 19

Ofi's governing documents, conflict of interest policy and financial statements are kept on file in the office and are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Octane Foundation for Innovation
EIN
90-0176361
Phone
9493306569
Address
65 Enterprise, Aliso Viejo, CA 92656-2601
Doing Business As
Ofi

Signing Officer

Name
William Carpou
Title
President & CEO
Phone
9493306569
Signed
2016-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Carpou
Formed
2004
Legal Domicile
CA
Voting Board Members
12
Independent Board Members
9
Employees
0
Volunteers
10

Preparer

Firm
Deloitte Tax LLP
Address
695 TOWN CENTER DRIVE SUITE 1200, COSTA MESA, CA 92626
Preparer
Diana J McCutchen
Phone
7144367100
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Golf tournament expense reimbursement to octane 3,745.

Raw XML AppendixShowing 400 of 512 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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IRS990/PYTotalRevenueAmt0298075
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0107003
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0129841
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt07625
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgQualifiedInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtExclusivelySec170c2BInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OFI and its supported organization, OCTANe, have an overlap of employees, including the President/CEO. OFI has access and knowledge of OCTANe's operations and their exempt activities, which includes access to their contributor list. OCTANE receives a broad range of support from various donors with no single donor providing an excessively large donation, and accordingly, it is believed OCTANe would satisfy the public support test.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1OFI ENSURES THAT THE SUPPORT IT PROVIDES TO OCTANE IS USED EXCLUSIVELY FOR CHARITABLE PURPOSES. OFI GRANTED $60,000 & $ 15,000 TO OCTANE IN 2015 AND OCTANE USED THOSE FUNDS FOR FREE PASSES FOR SCIENTISTS AND PROFESSORS TO ATTEND THE MDIF 2015 CONFERENCE & SUPPORT FOR ORANGE COUNTY OPHTHALMOLOGY TECHNOLOGY SUMMIT.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part IV, Section A, Line 3b:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Part IV, Section A, Line 3c:
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0043723991
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd09
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt075000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0OCTANE
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt075000
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/ScheduleBRequiredInd01
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt075000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(6)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT OF ORANGE COUNTY OPHTHAMOLOGY TECH. SUMMIT & MDIF HEALTH PAVILION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Orange County Technology Action Network
IRS990ScheduleI/RecipientTable/RecipientEIN0043723991
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt065 Enterprise
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Aliso Viejo
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd092656
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Grants will only be made to 501(c) organizations to ensure the funds will be used properly.
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt1SUPPORT OF ORANGE COUNTY OPHTHAMOLOGY TECHNOLOGY SUMMIT OF $ 15,000. SUPPORT THE MDIF HEALTH PAVILION AND ALLOW APPROVED ENTREPRENEURS & SCIENTISTS TO ATTEND THE MDIF FORUM OF $ 60,000.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc1PART I, LINE 1, COLUMN (H):
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd01
IRS990ScheduleJ/RebuttablePresumptionProcInd01
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt026000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0103586
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1149951
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt020910
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt1100153
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Paul Symczak
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1WILLIAM CARPOU
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0VP Entrepreneurship/Board
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1PRESIDENT & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0150496
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1250104
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0COMPENSATION FOR THE CEO WAS ESTABLISHED AND PAID BY ORANGE COUNTY TECHNOLOGY ACTION NETWORK, (OCTANE), A RELATED ORGANIZATION. OCTANE USED THE FOLLOWING TO ESTABLISH THE CEO'S COMPENSATION: (1) COMPENSATION COMMITTEE; (2) WRITTEN EMPLOYMENT CONTRACTS; (3) APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1CERTAIN AMOUNTS REPORTED IN FORM 990, PART VII, REPRESENT FIXED PAYMENTS UNDER INITIAL CONTRACTS AND ARE THEREFORE EXEMPT FROM THE APPLICATION OF IRC SECTION 4958.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 3
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, Line 8
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FINAL FORM 990 IS REVIEWED AND APPROVED BY THE President/CEO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD MEMBERS, OFFICERS, DIRECTORS, AND KEY EMPLOYEES COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE WHICH IS UPDATED AND REVIEWED ANNUALLY BY BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE COMPENSATION OF THE CEO, EXECUTIVE DIRECTOR, TOP MANAGEMENT OFFICIAL, OTHER OFFICERS, OR KEY EMPLOYEES IS DETERMINED AND APPROVED BY THE EXECUTIVE COMMITTEE OF OCTANE, A RELATED ORGANIZATION. THE EXECUTIVE COMMITTEE IS COMPOSED OF MEMBERS OF THE BOARD WHO HAVE A DEEP KNOWLEDGE OF THE ORGANIZATION AND ARE ABLE TO PROVIDE APPROPRIATE GUIDANCE AND SUPPORT TO THE ENTIRE BOARD. EXECUTIVE COMPENSATION IS REVIEWED BY THIS COMMITTEE ON A SEMI-ANNUAL BASIS AND ANY CHANGES ARE APPROVED AND DOCUMENTED IN WRITING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OFI'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE KEPT ON FILE IN THE OFFICE AND ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOLF TOURNAMENT EXPENSE REIMBURSEMENT TO OCTANE 3,745.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part XI, line 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Orange County Technology Action Network

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$1.51$0.46$0.91$0.96$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.95$2.35$0.41$1.11$1.43$0.32
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.26$1.35$0.09$1.06$1.29$0.23
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$1.03$0.15$0.66$0.82$0.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.76$0.31$0.68$0.73$0.05
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.31$0.95$0.36$0.66$0.90$0.24
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$0.35$0.60$0.55$0.41$0.14
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$0.18$0.46$0.58$0.43$0.15
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.42$0.12$0.30$0.44$0.37$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.57$0.33$0.24$0.44$0.34$0.11
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.13$0.00$0.13$0.30$0.29$0.01
2013Summary only. Only limited summary data is available for this year.$0.11$0.00$0.11$0.24$0.23$0.01
2012Summary only. Only limited summary data is available for this year.$0.10$0.00$0.10$0.25$0.23$0.02
2011Summary only. Only limited summary data is available for this year.$0.09$0.00$0.09$0.24$0.21$0.02