Opencollective Foundation
- Assets
- $14.3m
- Revenue
- $27.4m
- Investments
- $0.0
- Employees
- 39
- Location
- Covina, CA
- Founding
- 10/2017
- Data as of
- 12/2022
- EIN
- 81-4004928
Organization Overview
Opencollective Foundation is located in Covina, CA. The organization was established in 2017. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Opencollective Foundation employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Opencollective Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2021, Opencollective Foundation has awarded 11 individual grants totaling $1,004,709. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE OPENCOLLECTIVE FOUNDATION WAS FORMED TO ACT AS A HOST FOR NON FOR PROFIT PROJECTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BRING TOGETHER HOSTS FROM AROUND THE WORLD AND CREATE AN OPEN LICENSE FOR OPEN COLLECTIVES, SUPPORT THEM AND GROW THE MOVEMENT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pia Mancini President | OfficerTrustee | 8 | $0 |
Kaitlin Thaney Secretary | OfficerTrustee | 1 | $0 |
Andrew Trask Treasurer | OfficerTrustee | 1 | $0 |
Angie Kim Board Member | OfficerTrustee | 1 | $0 |
Hafidha Acuay Secretary | OfficerTrustee | 1 | $0 |
Nan Eileen Mead Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Justworks Professional Employment Organization | 12/30/22 | $1,188,673 |
Vacationland Llc Film Production | 12/30/22 | $386,606 |
Open Collective Inc Tech Platform | 12/30/22 | $641,452 |
Discocoop Cooperative Project Incubator | 12/30/22 | $136,028 |
Madhava Jay Software Engineering | 12/30/22 | $116,133 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $27,361,647 |
| Noncash contributions included in lines 1a–1f | $433,129 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,361,647 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $27,447,708 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $389,808 |
| Grants and other assistance to domestic individuals. | $290,610 |
| Grants and other assistance to Foreign Orgs/Individuals | $164,790 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $221,914 |
| Compensation of current officers, directors, key employees. | $78,859 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,049,178 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $67,487 |
| Payroll taxes | $114,676 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $55,306 |
| Fees for services: Accounting | $107,620 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,823,831 |
| Advertising and promotion | $32,731 |
| Office expenses | $80,138 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $236,303 |
| Travel | $145,057 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $30,502 |
| All other expenses | $0 |
| Total functional expenses | $18,312,835 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,882,321 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $374,484 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,256,805 |
| Accounts payable and accrued expenses | $164,960 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $194,760 |
| Total liabilities | $359,720 |
| Net assets without donor restrictions | $9,134,873 |
| Net assets with donor restrictions | $4,762,212 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $14,256,805 |
Grants Awarded
Over the last fiscal year, Opencollective Foundation has awarded $120,534 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ARTICLE 19 INC PURPOSE: IN SUPPORT OF THE INTERNET FREEDOM FESTIVAL | $21,249 |
SIMPLY SECURE PURPOSE: RESEARCH: INFRASTRUCTURE FUNDER'S TOOLKIT | $49,996 |
CODE FOR SCIENCE AND SOCIETY PURPOSE: RESEARCH: INFRASTRUCTURE FUNDER'S TOOLKIT | $9,240 |
THE PENNSYLVANIA STATE UNIVERSITY PURPOSE: RESEARCH: RUST SECURITY ANALYSIS | $40,049 |