OPENPOWER FOUNDATION

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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

STEPHANIE WIGLE

Phone

4157239709

Tax Period

2023-01-01 to 2023-12-31

OPENPOWER FOUNDATION, founded in 2013, is a small nonprofit in the Community Improvement sector that reported $379K in total revenue in fiscal year 2023. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $487K exceeded revenue, resulting in a 29% operating deficit.

Mission

THROUGH THE GROWING OPEN ECOSYSTEM OF POWER ARCHITECTURE AND ITS ASSOCIATED TECHNOLOGIES, THE OPENPOWER FOUNDATION FACILITATES ITS MEMBERS TO SHARE EXPERTISE, INVESTMENT AND INTELLECTUAL PROPERTY TO SERVE THE EVOLVING NEEDS OF ALL END USERS.

Program Service Accomplishments

Program 1

BUILDING AND ENGAGING OUR DEVELOPER COMMUNITIES ACROSS MULTIPLE AREAS AND INCREASING GEOGRAPHICAL AND INFORMAL COLLABORATIONS/EVENTS FOR MEMBER-TO-MEMBER COMMUNICATION. CONTINUE USING WORKING GROUPS TO PROVIDE ENABLEMENT FOR INTEGRATION AND INFORMATION SHARING CAPABILITES TO EASE THE ABILITY TO DEVELOP AND INTEGRATE TECHNOLOGIES. CHAMPIONING THE SOLUTIONS AND OFFERINGS OF MEMBERS BY ENCOURAGING COLLABORATION ACROSS THE OPF MEMBERSHIP AND PROMOTING THESE TO THE WIDER MARKETPLACE.

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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 $0

Program Service Revenue $378,583

Investment Income $0

Other Revenue $0

TOTAL REVENUE $378,583

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $487,334

TOTAL EXPENSES $487,334

Year-over-Year Comparison

	2023	2022	Change
Revenue	$378,583	$615,833	-0.4%
Expenses	$487,334	$832,299	-0.4%
Net Income	$-108,751	$-216,466	-0.5%

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

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
MEOW YEE	PRESIDENT	1.00	Officer Director	$0	$0	$0
DAVID CALDERWOOD	DIRECTOR	1.00	Director	$0	$0	$0
LANCE ALBERTSON	DIRECTOR	1.00	Director	$0	$0	$0
JAMES KULINA	DIRECTOR	1.00	Director	$0	$0	$0
JIM ZEMLIN	EXECUTIVE DIRECTOR	1.00	Officer	$0	$0	$0
STEPHANIE WIGLE	CFO	1.00	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
2024	No data	No data	No data	No data
2023	$378,583	$487,334	$1,978,422	$-108,751
2022	$615,833	$832,299	$2,424,700	$-216,466
2021	$1,012,417	$770,467	$2,537,738	$241,950
2020	$642,531	$776,494	$2,482,849	$-133,963
2019	$981,111	$1,636,107	$2,873,350	$-654,996
2018	$1,455,252	$2,248,243	$3,049,880	$-792,991