SOFTWARE IN THE PUBLIC INTEREST INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1997

Legal Domicile

Principal Officer

MICHAEL SCHULTHEISS

Phone

9293410248

Tax Period

2024-01-01 to 2024-12-31

SOFTWARE IN THE PUBLIC INTEREST INC, founded in 1997, is a small nonprofit in the Science & Technology sector that reported $685K in total revenue in fiscal year 2024. Revenue surged 48% from the prior year, signaling strong growth momentum. Expenses of $926K exceeded revenue, resulting in a 35% operating deficit.

Mission

SOFTWARE IN THE PUBLIC INTEREST ("SPI") IS A NOT FOR PROFIT ORGANIZATION WHICH WAS FOUNDED TO HELP ORGANIZATIONS DEVELOP AND DISTRIBUTE OPEN HARDWARE AND SOFTWARE. THE MISSION OF THE ORGANIZATION IS TO HELP GENUINE, SUBSTANTIAL AND SIGNIFICANT FREE AND OPEN SOURCE SOFTWARE PROJECTS BY HANDLING THEIR NON-TECHNICL ADMINISTRATIVE TASKS SO THEY AREN'T RQUIRED TO OPERATE THEIR OWN LEGAL ENTITY.

Program Service Accomplishments

Program 1

Expenses: $801,661 Revenue: $11,625

1) The organization sponsors conferences for people working in the area of open source software. Most conferences are paid for by unincorporated entities which rely on the organization for planning, support, and technical assistance. 2) The organization provides for development of open source hardware and software. 3) The organization makes grants to 501(c)(3) organizations with similar missions.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $547,372

Program Service Revenue $11,625

Investment Income $126,058

Other Revenue $0

TOTAL REVENUE $685,055

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $801,661

Other Expenses $925,737

TOTAL EXPENSES $925,737

Year-over-Year Comparison

	2024	2023	Change
Revenue	$685,055	$463,221	+0.5%
Expenses	$925,737	$730,422	+0.3%
Net Income	$-240,682	$-267,201	-0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

1500

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JONATAS L NOGUEIRA	Vice President	10.00	Officer Director	$0	$0	$0
JEREMY STANLEY	Director	1.00	Director	$0	$0	$0
ZACH VAN RIJN	Secretary	5.00	Director	$0	$0	$0
Milan Kupcevic	Director	5.00	Director	$0	$0	$0
KATHERINE MCMILLAN	Director	1.00	Director	$0	$0	$0
HECTOR ORON MARTINEZ	Treasurer	10.00	Officer Director	$0	$0	$0
Joe Conway	Director	1.00	Director	$0	$0	$0
MICHAEL SCHULTHEISS	President	10.00	Officer Director	$0	$0	$0
FORREST FLEMING	Director	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$685,055	$925,737	$2,611,800	$-240,682
2023	$463,221	$730,422	$2,858,276	$-267,201
2022	$485,337	$546,645	$3,016,100	$-61,308
2021	$522,719	$413,172	$3,096,266	$109,547
2020	$723,853	$341,298	$2,983,488	$382,555
2019	$970,474	$661,118	$2,471,262	$309,356
2018	$1,463,719	$385,055	$2,161,906	$1,078,664