OPEN WORLDWIDE INNOVATION NETW (EIN 463524555) - 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

2013

Legal Domicile

Principal Officer

BRETT CORNWELL CHAIRMAN OF THE BOAR

Tax Period

2020-09-01 to 2021-08-31

OPEN WORLDWIDE INNOVATION NETW, founded in 2013, is a micro nonprofit that reported $90K in total revenue in fiscal year 2020. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $149K exceeded revenue, resulting in a 65% operating deficit.

Mission

ACTING AS A CATALYST FOR ASSISTING JOINT COMMERCIALIZATION, DEVELOP AND RESEARCH ARRANGEMENT AND TO ASSIST THE MEMBERS IN THE FULFILLMENT OF THEIR GOALS

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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 (2020)

Revenue Breakdown

Contributions & Grants $90,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $90,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $148,613

Other Expenses $148,613

TOTAL EXPENSES $148,613

Year-over-Year Comparison

	2020	2019	Change
Revenue	$90,000	$124,985	-0.3%
Expenses	$148,613	$100,958	+0.5%
Net Income	$-58,613	$24,027	-3.4%

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

N/A

Employees

N/A

Volunteers

N/A

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
BRETT CORNWELL	BOARD MEMBER	5	Officer	$0	$0	$0
VIKI FORREST	BOARD MEMBER	5	Officer	$0	$0	$0
DR HONXIN TAN	BOARD MEMBER	5	Officer	$0	$0	$0
PHILIPPE LACHA	BOARD MEMBER	5	Officer	$0	$0	$0
DAMON MATTEO	BOARD MEMBER	5	Officer	$0	$0	$0
BRETT CORNWELL	BOARD MEMBER	5	Officer	$0	$0	$0
VIKI FORREST	BOARD MEMBER	5	Officer	$0	$0	$0
DR HONXIN TAN	BOARD MEMBER	5	Officer	$0	$0	$0
PHILIPPE LACHA	BOARD MEMBER	5	Officer	$0	$0	$0
DAMON MATTEO	BOARD MEMBER	5	Officer	$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
2021	$90,000	$148,613	$117,447	$-58,613
2020	$124,985	$100,958	$176,040	$24,027

OPEN WORLDWIDE INNOVATION NETW