OPEN PHILANTHROPY (EIN 810737472) - 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

2015

Legal Domicile

Principal Officer

CARI TUNA

Phone

6508047100

Tax Period

2024-01-01 to 2024-12-31

OPEN PHILANTHROPY, founded in 2015, is a community nonprofit in the Education sector that reported $1.8M in total revenue in fiscal year 2024. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $7.3M exceeded revenue, resulting in a 304% operating deficit.

Mission

TO STUDY AND ENGAGE IN RESEARCH TO IMPROVE THE EFFECTIVENESS AND IMPACT OF PHILANTHROPIC GIVING

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,006,674

Program Service Revenue $0

Investment Income $795,309

Other Revenue $1,027

TOTAL REVENUE $1,803,010

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,474,342

Fundraising Expenses $0

Program Expenses $7,018,156

Other Expenses $816,692

TOTAL EXPENSES $7,291,034

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,803,010	$3,108,446	-0.4%
Expenses	$7,291,034	$4,947,218	+0.5%
Net Income	$-5,488,024	$-1,838,772	+2.0%

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

Volunteers

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
CARI TUNA	PRESIDENT/DIRECTOR	0.50	Officer Director	$0	$0	$0
ALEXANDER BERGER	CEO/DIRECTOR	2.00	Officer Director	$0	$0	$0
DIVESH MAKAN	SECRETARY/DIRECTOR	0.50	Officer Director	$0	$0	$0
DUSTIN MOSKOVITZ	DIRECTOR	0.50	Director	$0	$0	$0
HOLDEN KARNOFSKY	DIRECTOR	2.00	Director	$0	$0	$0
TOM VAN LOBEN SELS	TREASURER	0.50	Officer	$0	$0	$0
DAVID ROODMAN	SENIOR ADVISOR	40.00	Highest	$268,243	$87,691	$355,934
HEATHER YOUNGS	SENIOR PROGRAM OFFICER	40.00	Highest	$294,962	$49,409	$344,371
JAMES SNOWDEN	SENIOR PROGRAM OFFICER	40.00	Highest	$272,886	$43,053	$315,939
THOMAS DAVIDSON	SENIOR RESEARCH FELLOW	40.00	Highest	$214,446	$47,521	$261,967
JOSPEH CARLSMITH	SENIOR ADVISOR	40.00	Highest	$205,769	$36,434	$242,203

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	$1,803,010	$7,291,034	$21,641,481	$-5,488,024
2023	$3,108,446	$4,947,218	$26,628,515	$-1,838,772
2022	$2,586,689	$2,737,499	$27,196,579	$-150,810
2021	$2,574,140	$2,166,346	$32,342,347	$407,794
2019	$780,483	$2,304,952	$29,658,850	$-1,524,469
2018	$30,872,753	$84,821	$30,836,751	$30,787,932

OPEN PHILANTHROPY