HR Open Standards Consortium I

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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

Principal Officer

James Ireland

Phone

3036712776

Tax Period

2025-01-01 to 2025-12-31

HR Open Standards Consortium I is a micro nonprofit in the Community Improvement sector that reported $80K in total revenue in fiscal year 2025. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $102K exceeded revenue, resulting in a 28% operating deficit.

Mission

The organization is the only independent, non-profit, volunteer-led organization dedicated to the development and promotion of a standard suite of XML and JSON specifications to enable ecommerce and

Program Service Accomplishments

Program 1

Development and promotion of a standard suite of extensible markup

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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 (2025)

Revenue Breakdown

Contributions & Grants $65,030

Program Service Revenue $14,500

Investment Income $272

Other Revenue $0

TOTAL REVENUE $79,802

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $101,839

TOTAL EXPENSES $101,839

Year-over-Year Comparison

	2025	2024	Change
Revenue	$79,802	$145,587	-0.5%
Expenses	$101,839	$100,725	+0.0%
Net Income	$-22,037	$44,862	-1.5%

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

$76,750

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
James Elder	President	2	Director	$0	$0	$0
Leslie Erwin	Treasurer	2	Director	$0	$0	$0
Jason Sole	Secretary	2	Director	$0	$0	$0
James Ireland	Executive Dir	40	Director	$76,750	$0	$76,750
Florent Andre	Director	2	Director	$0	$0	$0
Andrew Cunsolo	Director	2	Director	$0	$0	$0
Ian Davidson	Director	2	Director	$0	$0	$0
Bon Idziak	Director	2	Director	$0	$0	$0
Bala Pitchandi	Director	2	Director	$0	$0	$0
Ingolf Teetz	Director	2	Director	$0	$0	$0
J Van der Boom	Director	2	Director	$0	$0	$0
Ansel Parikh	Director	2	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
2025	$79,802	$101,839	$106,863	$-22,037
2024	$145,587	$100,725	$144,955	$44,862
2022	$176,680	$165,606	$113,181	$11,074
2021	$100,799	$157,762	$110,777	$-56,963
2020	$276,139	$243,363	$180,160	$32,776