OPEN SOURCE TECHNOLOGY IMPROVEMENT FUND INC

EIN: 473897395 501(c)(3) Science & Technology

NAPERVILLE, IL

Total Revenue
$2,725,898
Total Expenses
$2,368,397
Total Assets
$419,785
Net Assets
$419,785
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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
2016
Legal Domicile
IL
Phone
6304843222
Tax Period
2025-01-01 to 2025-12-31

OPEN SOURCE TECHNOLOGY IMPROVEMENT FUND INC, founded in 2016, is a community nonprofit in the Science & Technology sector that reported $2.7M in total revenue in fiscal year 2025. Revenue surged 62% from the prior year, signaling strong growth momentum. Expenses of $2.4M left a modest 13% surplus.

Mission

CHARITY FOR SCIENTIFIC RESEARCH

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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 (2025)

Revenue Breakdown

Contributions & Grants $2,725,898
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,725,898

Expense Breakdown

Grants Paid $1,772,025
Salaries & Benefits $493,077
Fundraising Expenses $0
Program Expenses $1,772,025
Other Expenses $103,295
TOTAL EXPENSES $2,368,397

Year-over-Year Comparison

2025 2024 Change
Revenue $2,725,898 $1,683,449 +0.6%
Expenses $2,368,397 $1,873,323 +0.3%
Net Income $357,501 $-189,874 -2.9%
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
N/A
Employees
4
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
1
$180,000
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMIR MONTAZERY VP - BUSINESS DEVELOPMENT 40.00
$181,980 $0 $181,980
DEREK ZIMMER Executive Dir. 40.00
Officer
$180,000 $0 $180,000
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
2025 $2,725,898 $2,368,397 $419,785 $357,501
2024 $1,683,449 $1,873,323 $62,284 $-189,874
2023 $1,752,858 $1,857,857 $252,158 $-104,999
2022 $1,309,759 $1,335,723 $357,157 $-25,964
2021 $548,525 $188,069 $383,121 $360,456
2020 $116,284 $238,083 $22,665 $-121,799
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