Open Compute Project Foundation
- Assets
- $6.8m
- Revenue
- $10.2m
- Investments
- $0.0
- Employees
- 11
- Location
- Austin, TX
- Founding
- 08/2013
- Data as of
- 12/2022
- EIN
- 45-3630872
Organization Overview
Open Compute Project Foundation is located in Austin, TX. The organization was established in 2013. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Open Compute Project Foundation employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Open Compute Project Foundation is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Open Compute Project Foundation generated $10.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $8.8m during the year ending 12/2022. While expenses have increased by 13.0% per year over the past 7 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
DEVELOP, DISTRIBUTE AND PROMOTE DATA CENTER STORAGE, DATA CENTER SERVER, AND DATA CENTER FACILITY SPECIFICATIONS AND RELATED SOFTWARE TO ENCOURAGE AN OPEN COMMUNITY FOR SHARING IDEAS AND TECHNOLOGIES CONCERNING DATA CENTER ISSUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTING OPEN HARDWARE: THE OPEN COMPUTE PROJECT FOUNDATION CONTINUED ITS COMMITMENT TO REDESIGNING HARDWARE TECHNOLOGY TO EFFICIENTLY SUPPORT THE GROWING DEMANDS ON COMPUTE INFRASTRUCTURE. THROUGHOUT THE YEAR, WE COLLABORATED WITH INDUSTRY-LEADING COMPANIES TO ESTABLISH STANDARDS FOR MORE OPEN, SCALABLE, AND EFFICIENT DATA CENTER HARDWARE.
EDUCATION AND TRAINING: THE FOUNDATION ORGANIZED AND PROVIDED TRAINING SESSIONS, WORKSHOPS, AND WEBINARS FOR PROFESSIONALS AND STUDENTS ALIKE. THE OBJECTIVE WAS TO FOSTER A BETTER UNDERSTANDING OF OPEN HARDWARE DESIGNS, THEIR BENEFITS, AND THEIR IMPLEMENTATION.COLLABORATIVE DEVELOPMENT: THE FOUNDATION FACILITATED COLLABORATIVE EFFORTS BETWEEN ITS MEMBERS TO DEVELOP INNOVATIVE HARDWARE SOLUTIONS. THROUGH A COMBINATION OF WORKING GROUPS, FORUMS, AND ONLINE PLATFORMS, MEMBERS WERE ABLE TO SHARE IDEAS, PROVIDE FEEDBACK, AND REFINE DESIGNS COLLECTIVELY.
COMMUNITY ENGAGEMENT AND COLLABORATION: THE FOUNDATION HOSTED MULTIPLE EVENTS, BOTH VIRTUAL AND INPERSON, TO BRING TOGETHER THOUSANDS OF ENGINEERS AND DEVELOPERS FROM AROUND THE WORLD. THESE EVENTS SERVED AS PLATFORMS FOR KNOWLEDGE EXCHANGE, COLLABORATIVE BRAINSTORMING, AND JOINT PROBLEM SOLVING.
OPEN SOURCE CONTRIBUTIONS: OUR COMMUNITY CONSISTENTLY WORKED ON AND CONTRIBUTED TO A VARIETY OF OPEN SOURCE PROJECTS. THESE PROJECTS WERE AIMED AT CREATING HARDWARE DESIGNS THAT ARE OPEN, CUSTOMIZABLE, AND BENEFICIAL FOR A BROADER AUDIENCE. THESE CONTRIBUTIONS WERE MADE ACCESSIBLE TO THE PUBLIC, FURTHER ADVANCING THE CAUSE OF OPEN COMPUTING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Roenigk Director | Trustee | 2 | $0 |
Rebecca Weekly Director | Trustee | 2 | $0 |
Andreas Bechtolsheim Director | Trustee | 2 | $0 |
Anurag Handa Director | Trustee | 2 | $0 |
Parthasarathy Ranganathan Director | Trustee | 2 | $0 |
Zaid Kahn Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Lge Execs Management Services | 12/30/21 | $393,208 |
Statistical Vision Marketing Consultant | 12/30/21 | $228,061 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $10,211,980 |
| Investment income | $582 |
| 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 | $10,212,562 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,000 |
| 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. | $1,336,048 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $595,344 |
| Pension plan accruals and contributions | $11,317 |
| Other employee benefits | $34,240 |
| Payroll taxes | $98,211 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $97,791 |
| Fees for services: Accounting | $8,437 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $679,868 |
| Advertising and promotion | $83,679 |
| Office expenses | $20,175 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,211 |
| Travel | $149,874 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,425,701 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,826 |
| All other expenses | $2,661 |
| Total functional expenses | $8,784,129 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $725,196 |
| Savings and temporary cash investments | $6,030,665 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $29,902 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,785,763 |
| Accounts payable and accrued expenses | $0 |
| 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 | $6,283 |
| Total liabilities | $6,283 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $1,200,000 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $5,579,480 |
| Total liabilities and net assets/fund balances | $6,785,763 |