Oarc Inc
- Assets
- $906.9k
- Revenue
- $968.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Belmont, CA
- Founding
- 07/2009
- Data as of
- 12/2022
- EIN
- 26-2910778
Organization Overview
Oarc Inc is located in Belmont, CA. The organization was established in 2009. According to its NTEE Classification (U05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oarc Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Oarc Inc generated $968.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $1.0m during the year ending 12/2022. While expenses have increased by 6.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OARC'S MISSION IS TO PROMOTE OPERATIONALLY-RELEVANT RESEARCH THROUGH DATA COLLECTION AND ANALYSIS, OFFER USEFUL SERVICES AND TOOLS, BUILD RELATIONSHIPS AMONG ITS COMMUNITY OF MEMBERS, FACILITATE RESPONSIBLE INFORMATION-SHARING, (CONTINUED TOP OF NEXT PAGE)
Describe the Organization's Program Activity:
Part 3 - Line 4a
OARC WAS CONCEIVED IN 2004 AND THEN INCORPORATED IN LATE 2008 AS PART OF A JOINT RESEARCH PROPOSAL WITH CAIDA TO THE NATIONAL SCIENCE FOUNDATION. OARC WAS CONCEIVED AS A MEMBERSHIP ORGANIZATION WHERE DNS OPERATORS, NETWORK RESEARCHERS, SOFTWARE IMPLEMENTORS, AND OTHERS COULD PARTICIPATE TO SHARE DATA, COMMON PROBLEMS, AND SOLUTIONS IN A SECURE ENVIRONMENT.OARC PROVIDES AND DEVELOPS DIRECT REAL-TIME ASSISTANCE AND INFORMATION FROM TLD AND OTHER ROOT SERVER OPERATIONS IN THE EVENT OF DENIAL-OF-SERVICE ATTACKS AGAINSTMEMBERS' INFRASTRUCTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Mitchell President/sec | Officer | 30 | $125,549 |
Jacques Latour Treasurer | OfficerTrustee | 4 | $0 |
Paul Ebersman Director | Trustee | 4 | $0 |
Ray Bellis Director | Trustee | 4 | $0 |
Ondrej Sury Director | Trustee | 4 | $0 |
Jaromir Talir Director | Trustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Smoti Enterprises Inc Consulting | 12/30/22 | $125,549 |
Make Install Ab Consulting | 12/30/22 | $121,417 |
Nimbus Operations Consulting | 12/30/22 | $121,109 |
Meidan Ventures Limited Consulting | 12/30/22 | $118,337 |
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 | $269,471 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $269,471 |
| Total Program Service Revenue | $698,650 |
| 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 | $968,121 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $125,549 |
| Compensation of current officers, directors, key employees. | $94,162 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,330 |
| Fees for services: Accounting | $25,155 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $536,526 |
| Advertising and promotion | $0 |
| Office expenses | $20,930 |
| Information technology | $59 |
| Royalties | $0 |
| Occupancy | $17,400 |
| Travel | $53,828 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $102,390 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $55,835 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,000,878 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $677,991 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $133,950 |
| 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 | $11,265 |
| Net Land, buildings, and equipment | $83,721 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $906,927 |
| Accounts payable and accrued expenses | $92,529 |
| Grants payable | $0 |
| Deferred revenue | $347,630 |
| 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 | $0 |
| Total liabilities | $440,159 |
| Net assets without donor restrictions | $436,143 |
| Net assets with donor restrictions | $30,625 |
| 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 | $906,927 |