Open Primaries Inc

EIN: 471494685 Public & Societal Benefit

New York, NY

Total Revenue
$1,046,644
Total Expenses
$471,875
Total Assets
$1,431,111
Net Assets
$1,427,254
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
NY
Principal Officer
JOHN OPDYCKE
Phone
6462050202
Tax Period
2023-01-01 to 2023-12-31

Open Primaries Inc, founded in 2014, is a community nonprofit in the Public & Societal Benefit sector that reported $1.0M in total revenue in fiscal year 2023. Revenue surged 167% from the prior year, signaling strong growth momentum. The organization ran a surplus of $575K, a strong 55% operating margin.

Mission

Open Primaries advocates for open and nonpartisan primary systems, counter efforts to impose closed primaries - Cont Sched O

Program Service Accomplishments

Program 1
Expenses: $342,742

Open Primaries educated the public and policymakers about the benefits of an open primary system, organized grassroots leadership and incubated campaigns for various types of open primary systems...

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Open Primaries educated the public and policymakers about the benefits of an open primary system, organized grassroots leadership and incubated campaigns for various types of open primary systems. They advocated for adoption of open and nonpartisan primary systems in a number of different states, including 8 separate ballot campaigns and 2 legislative campaigns. They organized coalitions to successfully defeat efforts to close the primaries in twelve states.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,046,557
Program Service Revenue $0
Investment Income $87
Other Revenue $0
TOTAL REVENUE $1,046,644

Expense Breakdown

Grants Paid $17,450
Salaries & Benefits $156,947
Fundraising Expenses $44,318
Program Expenses $342,742
Other Expenses $289,103
TOTAL EXPENSES $471,875

Year-over-Year Comparison

2023 2022 Change
Revenue $1,046,644 $392,524 +1.7%
Expenses $471,875 $231,798 +1.0%
Net Income $574,769 $160,726 +2.6%
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

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Governance

Voting Members
4
Independent Members
3
Employees
3
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
2
$280,461
Total Directors
4
$280,461
Key Employees
1
$229,695
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN OPDYCKE President 10.00
Officer Director
$68,200 $11,600 $280,461
JEREMY GRUBER Senior Vice President 10.00
Key Emp
$55,444 $10,920 $229,695
JESSIE FIELDS Treasurer 0.500
Officer Director
$0 $0 $0
RICHARD SOKOLOW Director 0.500
Director
$0 $0 $0
MICHAEL PICKERING Director 0.500
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 No data No data No data No data
2023 $1,046,644 $471,875 $1,431,111 $574,769
2022 $392,524 $231,798 $1,055,123 $160,726
2021 $140,506 $259,332 $835,759 $-118,826
2020 $859,471 $395,562 $829,502 $463,909
2019 $223,422 $216,601 $352,647 $6,821
2018 $256,939 $238,237 $333,827 $18,702
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