Open Insulin Foundation
- Assets
- $158.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oakland, CA
- Founding
- Data as of
- 12/2023
- EIN
- 87-1390995
Organization Overview
Open Insulin Foundation is located in Oakland, CA. According to its NTEE Classification (U50) the organization is classified as: Biological & Life Sciences, 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. Open Insulin Foundation 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 12/2023, Open Insulin Foundation generated $53.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (13.3%) each year. All expenses for the organization totaled $19.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (26.5%) per year over the past 3 years. 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
2023
Describe the Organization's Program Activity:
Part 3
THEORGANIZATIONISCURRENTLYENGAGEDINTHERESEARCHANDACTIVITYOFPRODUCINGANOPENSOURCESHORT-ACTINGINSULINANDANOPENSOURCELONG-ACTINGINSULIN.ONCETHISISACCOMPLISHEDTHENTHEORGANIZATIONCANREPORTONPROGRAMSERVICESPROVIDED,NUMBEROFPERSONSBENEFITED,ANDOTHERRELEVANTINFORMATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Di Franco President - Secretary Board Member | 10 | $0 | |
Michael Arent Treasurer - Board Member | 10 | $0 | |
David Anderson Board Member | 2 | $0 | |
Yann Huon Kermadec Board Member | 2 | $0 | |
Eden Gillies Board Member | 2 | $0 | |
Anthony Di Franco President - Secretary Board Member | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,236 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $53,236 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,282 |
| Total expenses | $19,282 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $121,722 |
| Other assets | $0 |
| Total assets | $158,857 |
| Total liabilities | $0 |
| Net assets or fund balances | $158,857 |