OPEN SYLLABUS INC

EIN: 843255967 501(c)(3) Education

NEW YORK, NY

Total Revenue
$348,291
Total Expenses
$1,004,718
Total Assets
$577,187
Net Assets
$547,030
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
NY
Principal Officer
JOE KARAGANIS
Phone
9174287762
Tax Period
2024-01-01 to 2024-12-31

OPEN SYLLABUS INC, founded in 2019, is a small nonprofit in the Education sector that reported $348K in total revenue in fiscal year 2024. Revenue fell 58% from the prior year — a significant decline worth monitoring. Expenses of $1.0M exceeded revenue, resulting in a 188% operating deficit.

Mission

OPEN SYLLABUS IS A NON-PROFIT ORGANIZATION THAT COLLECTS AND ANALYZES MILLIONS OF UNIVERSITY SYLLABI TO SUPPORT NOVEL TEACHING AND LEARNING APPLICATIONS.

Program Service Accomplishments

Program 1
Expenses: $744,513 Revenue: $98,233

OPEN SYLLABUS PROGRAM OPNE SYLLABUS MISSION IS TO COLLECT AND ANALYZE MILLIONS OF UNIVERSITY SYLLABI TO SUPPORT NOVEL TEACHING AND LEARNING APPLICATIONS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $250,000
Program Service Revenue $98,233
Investment Income $58
Other Revenue $0
TOTAL REVENUE $348,291

Expense Breakdown

Grants Paid $0
Salaries & Benefits $702,154
Fundraising Expenses $60,079
Program Expenses $744,513
Other Expenses $302,564
TOTAL EXPENSES $1,004,718

Year-over-Year Comparison

2024 2023 Change
Revenue $348,291 $832,431 -0.6%
Expenses $1,004,718 $928,063 +0.1%
Net Income $-656,427 $-95,632 +5.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
5
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
2
$173,819
Total Directors
6
$173,819
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOE KARAGANIS PRESIDENT AND TREASURER 1.00
Officer Director
$164,024 $9,795 $173,819
DAVID MCCLURE VICE PRESIDENT AND SECRETARY 1.00
Officer Director
$0 $0 $0
AMY BRAND BOARD MEMBER 1.00
Director
$0 $0 $0
DANIEL COHN BOARD MEMBER 1.00
Director
$0 $0 $0
AMBER GARRISON DUNCAN BOARD MEMBER 1.00
Director
$0 $0 $0
TED BYFIELD BOARD MEMBER 1.00
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 $348,291 $1,004,718 $577,187 $-656,427
2023 $832,431 $928,063 $1,243,335 $-95,632
2022 $1,772,464 $1,128,143 $1,334,462 $644,321
2021 $89,733 $967,493 $670,925 $-877,760
2020 $1,942,525 $573,513 $1,579,393 $1,369,012
2019 $204,695 $41,179 $167,781 $163,516
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare OPEN SYLLABUS INC with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.