OPEN SOURCE HARDWARE ASSOCIATION (EIN 455524560) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

ALICIA SEIDLE

Phone

9173282489

Tax Period

2023-01-01 to 2023-12-31

OPEN SOURCE HARDWARE ASSOCIATION, founded in 2012, is a small nonprofit in the Human Services sector that reported $105K in total revenue in fiscal year 2023. Revenue surged 68% from the prior year, signaling strong growth momentum. Expenses of $303K exceeded revenue, resulting in a 190% operating deficit.

Mission

THE OPEN SOURCE HARDWARE ASSOCIATION AIMS TO BE THE VOICE OF THE OPEN SOURCE HARDWARE COMMUNITY, ENSURING THAT TECHNICAL KNOWLEDGE IS ACCESSIBLE TO EVERYONE AND ENCOURAGING THE COLLABORATIVE DEVELOPMENT OF TECHNOLOGY THAT SERVES EDUCATION, ENVIRONMENTAL SUSTAINABILITY, AND HUMAN WELFARE.

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Trantor Score

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

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $70,158

Program Service Revenue $34,632

Investment Income $0

Other Revenue $0

TOTAL REVENUE $104,790

Expense Breakdown

Grants Paid $0

Salaries & Benefits $227,743

Fundraising Expenses $0

Program Expenses $175,546

Other Expenses $75,746

TOTAL EXPENSES $303,489

Year-over-Year Comparison

	2023	2022	Change
Revenue	$104,790	$62,275	+0.7%
Expenses	$303,489	$872,908	-0.7%
Net Income	$-198,699	$-810,633	-0.8%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$100,592

Total Directors

$22,900

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THEA FLOWERS	PRESIDENT	4.00	Officer Director	$0	$0	$0
KATHERINE SCOTT	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
LEE WILKINS	SECRETARY/SUMMIT CHAIR	10.00	Officer Director	$22,900	$0	$22,900
JINGER ZENG	TREASURER	3.00	Officer Director	$0	$0	$0
WENDY JU	DIRECTOR	2.00	Director	$0	$0	$0
OLUWATOBI OYINLOLA	DIRECTOR	2.00	Director	$0	$0	$0
NADYA PEEK	DIRECTOR	2.00	Director	$0	$0	$0
ANDREW QUITMEYER	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL WEINBERG	DIRECTOR	2.00	Director	$0	$0	$0
DAVID SILK	DIRECTOR	2.00	Director	$0	$0	$0
ALICIA SEIDLE	EXECUTIVE DIRECTOR	40.00	Officer	$77,692	$0	$77,692

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	No data	No data	No data	No data
2023	$104,790	$303,489	$106,727	$-198,699
2022	$62,275	$872,908	$306,666	$-810,633
2021	$1,062,132	$82,147	$1,116,712	$979,985

OPEN SOURCE HARDWARE ASSOCIATION