OPEN SCIENCE HARDWARE FOUNDATION INC

EIN: 844807996 501(c)(3) Science & Technology

HUDSON, NY

Total Revenue
$207,506
Total Expenses
$324,320
Total Assets
$376,425
Net Assets
$353,030
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
GA
Principal Officer
SHANNON DOSEMAGEN
Phone
5042394642
Tax Period
2022-01-01 to 2022-12-31

OPEN SCIENCE HARDWARE FOUNDATION INC, founded in 2020, is a small nonprofit in the Science & Technology sector that reported $208K in total revenue in fiscal year 2022. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $324K exceeded revenue, resulting in a 56% operating deficit.

Mission

WE EXIST TO ENABLE SCIENTISTS TO CREATE AND SHARE NEW SCIENTIFIC HARDWARE OPENLY ONLINE THAT ANYONE IS FREELY ABLE TO USE AND MODIFY.

Program Service Accomplishments

Program 1
Expenses: $195,403

IN 2022, OSHF SUPPORTED 20 REGIONAL EVENTS TO EDUCATE AND INFORM SCIENTISTS, EDUCATORS AND OTHER AUDIENCES ABOUT OPEN SCIENCE HARDWARE AND GROW LOCAL COMMUNITIES OF DEVELOPERS AND USERS. OSHF ALSO...

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IN 2022, OSHF SUPPORTED 20 REGIONAL EVENTS TO EDUCATE AND INFORM SCIENTISTS, EDUCATORS AND OTHER AUDIENCES ABOUT OPEN SCIENCE HARDWARE AND GROW LOCAL COMMUNITIES OF DEVELOPERS AND USERS. OSHF ALSO SUPPORTED SIX COLLABORATIVE PROJECTS TO DEVELOP NEW OPEN TOOLS FOR SCIENCE. OSHF ALSO MANAGES A GOSH COMMUNITY COORDINATOR, WHO SPENT TIME AND RESOURCES WORKING ALONGSIDE THE GOSH BOARD, COUNCIL AND COMMUNITY TO RUN MONTHLY WELCOME CALLS FOR NEW COMMUNITY MEMBERS, MONTHLY COMMUNITY MEETINGS, BOOK CLUBS, OPEN HOURS AND OTHER COMMUNITY BUILDING ACTIVITIES. THEY ALSO MAINTAINED THE GOSH COMMUNITY NEWSLETTER AND SOCIAL MEDIA.

Program 2
Expenses: $110,282 Revenue: $12,170

GOSH 2022 BROUGHT TOGETHER 80 OF THE MOST ACTIVE THOUGHT LEADERS IN OPEN SCIENCE HARDWARE GLOBALLY FOR A FOUR DAY MEETING IN PANAMA FEATURING TALKS, INTERACTIVE DISCUSSIONS, TECHNOLOGY WORKSHOPS AND...

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GOSH 2022 BROUGHT TOGETHER 80 OF THE MOST ACTIVE THOUGHT LEADERS IN OPEN SCIENCE HARDWARE GLOBALLY FOR A FOUR DAY MEETING IN PANAMA FEATURING TALKS, INTERACTIVE DISCUSSIONS, TECHNOLOGY WORKSHOPS AND SESSIONS TO PLAN FOR HOW TO MAKE OPEN SCIENCE HARDWARE ADOPTED ACROSS DISCIPLINES.

Program 3
Expenses: $350

OSHF FISCALLY SPONSORED THE VOLUNTEER COMMUNITY NETWORK FRIENDZYMES OSN IGEM TEAM FOR THEIR PARTICIPATION IN IGEM AND THEIR PROJECTS BUILDING OPEN SOURCE LAB HARDWARE.

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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 (2022)

Revenue Breakdown

Contributions & Grants $195,336
Program Service Revenue $12,170
Investment Income $0
Other Revenue $0
TOTAL REVENUE $207,506

Expense Breakdown

Grants Paid $130,917
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $306,035
Other Expenses $193,403
TOTAL EXPENSES $324,320

Year-over-Year Comparison

2022 2021 Change
Revenue $207,506 $283,168 -0.3%
Expenses $324,320 $391,519 -0.2%
Net Income $-116,814 $-108,351 +0.1%
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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
500

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
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHANNON DOSEMAGEN PRESIDENT 10.00
Officer Director
$0 $0 $0
JENNIFER MOLLOY TREASURER 10.00
Officer Director
$0 $0 $0
JULIAN STIRLING MEMBER 2.00
Director
$0 $0 $0
PEN-YUAN HSING MEMBER 2.00
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
2022 $207,506 $324,320 $376,425 $-116,814
2021 $283,168 $391,519 $474,450 $-108,351
2020 $762,015 $183,820 $590,450 $578,195
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