Open Connectivity Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 542,315 | 323,928 | 218,387 | 8.1 | 0% |
| 2015 | 3,936,739 | 2,141,474 | 1,795,265 | 11.3 | 0% |
| 2016 | 2,526,814 | 3,924,128 | −1,397,314 | 2.0 | 1% |
| 2017 | 4,256,704 | 4,768,780 | −512,076 | 0.4 | 7% |
| 2018 | 4,293,255 | 4,261,741 | 31,514 | 0.5 | 8% |
| 2019 | 3,450,877 | 2,958,019 | 492,858 | 2.7 | 11% |
| 2020 | 1,508,697 | 1,615,373 | −106,676 | 4.2 | 16% |
| 2021 | 915,013 | 993,618 | −78,605 | 5.9 | 23% |
| 2022 | 305,102 | 374,668 | −69,566 | 13.3 | 4% |
| 2023 | 106,985 | 269,730 | −162,745 | 9.0 | 2% |
In its most recent public year (2023), this organization spent $162,745 more than it brought in. Its reserves stood at about 9 months of spending. Staff pay was 2% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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