Open Worldwide Innovation Network
- Assets
- $34.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- College Station, TX
- Founding
- Data as of
- 08/2022
- EIN
- 46-3524555
Organization Overview
Open Worldwide Innovation Network is located in College Station, TX. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Open Worldwide Innovation Network 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 08/2022, Open Worldwide Innovation Network generated $40.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (22.8%) each year. All expenses for the organization totaled $123.0k during the year ending 08/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ACTING AS A CATALYST FOR ASSISTING JOINT COMMERCIALIZAT DEVELOPMENT AND RESEARCH ARRANGMENT AND TO ASSIST IN THE FULFILLMENT OF THEIR GOALS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philippe Lacha Board Member | 1 | $0 | |
Viki Forrest Board Member | 1 | $0 | |
Dr Honxin Tan Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $40,000 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $40,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $119,323 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,724 |
| Total expenses | $123,047 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,161 |
| Other assets | $0 |
| Total assets | $34,161 |
| Total liabilities | $0 |
| Net assets or fund balances | $34,161 |
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