OPEN19 FOUNDATION INC

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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

2017

Legal Domicile

Principal Officer

ZACHARY SMITH

Phone

5036190505

Tax Period

2020-01-01 to 2020-12-31

OPEN19 FOUNDATION INC, founded in 2017, is a small nonprofit that reported $208K in total revenue in fiscal year 2020. Revenue fell 53% from the prior year — a significant decline worth monitoring. Expenses of $550K exceeded revenue, resulting in a 164% operating deficit.

Mission

OPEN19 FOUNDATION IS AN ASSOCIATION OF COMPANIES AND INDIVIDUALS FOCUSED ON IMPROVING THE QUALITY OF PRODUCTS AND SERVICES ACROSS THE DATA CENTER INDUSTRY AND ENHANCING INTEROPERABILITY AMONG THESE PRODUCTS AND SERVICES.

Program Service Accomplishments

Program 1

THE OPEN19 FOUNDATION WAS CREATED WITH THE OBJECTIVE TO CREATE A COMMUNITY THAT WILL ENABLE A COMMON OPTIMIZED DATA CENTER AND EDGE SOLUTIONS ENABLING EFFICIENCY AND FLEXIBILITY. OPEN19 FOUNDATION...

THE OPEN19 FOUNDATION WAS CREATED WITH THE OBJECTIVE TO CREATE A COMMUNITY THAT WILL ENABLE A COMMON OPTIMIZED DATA CENTER AND EDGE SOLUTIONS ENABLING EFFICIENCY AND FLEXIBILITY. OPEN19 FOUNDATION HAS BEGUN ITS WORK AS A COLLECTION OF COMPANIES LOOKING AT SOLUTIONS TO RESOLVE DATA CENTER PROBLEMS AS IF THEY WERE ONE MEGA DATA CENTER.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $208,300

Investment Income $0

Other Revenue $0

TOTAL REVENUE $208,300

Expense Breakdown

Grants Paid $346,620

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $203,644

TOTAL EXPENSES $550,264

Year-over-Year Comparison

	2020	2019	Change
Revenue	$208,300	$440,000	-0.5%
Expenses	$550,264	$379,108	+0.5%
Net Income	$-341,964	$60,892	-6.6%

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

Governance

Voting Members

N/A

Independent Members

N/A

Employees

N/A

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
JEOFF KRONTZ	DIRECTOR	1.00	Director	$0	$0	$0
COLE CRAWFORD	TREASURER	1.00	Officer Director	$0	$0	$0
CHRIS LILJENSTOLPE	DIRECTOR	5.00	Director	$0	$0	$0
ZACHARY SMITH	PRESIDENT	5.00	Officer 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
2020	$208,300	$550,264	No data	$-341,964
2019	$440,000	$379,108	$341,964	$60,892
2018	$355,705	$284,517	$281,072	$71,188