CRYPTO OPEN PATENT ALLIANCE

EIN: 853031352 Community Improvement

PALO ALTO, CA

Total Revenue
$340,000
Total Expenses
$4,330,394
Total Assets
$382,250
Net Assets
$-3,525,268
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
CA
Principal Officer
KAMRAN JIVANI
Phone
6502130303
Tax Period
2023-01-01 to 2023-12-31

CRYPTO OPEN PATENT ALLIANCE, founded in 2020, is a small nonprofit in the Community Improvement sector that reported $340K in total revenue in fiscal year 2023. Revenue fell 66% from the prior year — a significant decline worth monitoring. Expenses of $4.3M exceeded revenue, resulting in a 1174% operating deficit.

Mission

THE CRYPTO OPEN PATENT ALLIANCE (COPA) IS A NON-PROFIT COMMUNITY OF LIKE-MINDED PEOPLE AND COMPANIES FORMED TO ENCOURAGE THE ADOPTION AND ADVANCEMENT OF CRYPTO TECHNOLOGIES AND TO REMOVE PATENTS AS A BARRIER TO GROWTH AND INNOVATION. COPA ACKNOWLEDGES THAT CRYPTO TECHNOLOGY IS BUILT ON THE COLLABORATIVE EFFORTS OF A COMMUNITY MADE UP OF DEVELOPERS, ENGINEERS, AND DESIGNERS. THE SUCCESS OF CRYPTO IS A DIRECT RESULT OF THE COMMUNITY COMING TOGETHER TO BUILD AND DEVELOP UPON EXISTING TECHNOLOGIES FOR THE BENEFIT OF ALL, AND WE BELIEVE COPA WILL HELP THIS HAPPEN.

Program Service Accomplishments

Program 1

ANYONE CAN JOIN AND BENEFIT FROM COPA, REGARDLESS OF WHETHER THEY HAVE PATENTS OR NOT. THERE IS NO BARRIER TO ENTRY - MEMBERS CAN BE INDIVIDUALS, START-UPS, SMALL COMPANIES, OR LARGE...

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ANYONE CAN JOIN AND BENEFIT FROM COPA, REGARDLESS OF WHETHER THEY HAVE PATENTS OR NOT. THERE IS NO BARRIER TO ENTRY - MEMBERS CAN BE INDIVIDUALS, START-UPS, SMALL COMPANIES, OR LARGE CORPORATIONS.COPA MEMBERS PLEDGE NEVER TO USE THEIR CRYPTO-TECHNOLOGY PATENTS AGAINST ANYONE, EXCEPT FOR DEFENSIVE REASONS, EFFECTIVELY MAKING THEIR PATENTS FREELY AVAILABLE FOR ALL TO USE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $340,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $340,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $4,330,394
TOTAL EXPENSES $4,330,394

Year-over-Year Comparison

2023 2022 Change
Revenue $340,000 $995,000 -0.7%
Expenses $4,330,394 $2,221,441 +0.9%
Net Income $-3,990,394 $-1,226,441 +2.3%
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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
8

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
1
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GILBERT WONG DIRECTOR 1.00
Director
$0 $0 $0
ARIANA WOODS DIRECTOR 1.00
Director
$0 $0 $0
STEVE LEE DIRECTOR 1.00
Director
$0 $0 $0
SHAYNE O'REILLY DIRECTOR 1.00
Director
$0 $0 $0
DAN ROBINSON DIRECTOR 1.00
Director
$0 $0 $0
KAMRAN JIVANI GENERAL MANAGER 1.00
Officer
$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 No data No data No data No data
2023 $340,000 $4,330,394 $382,250 $-3,990,394
2023 $2,340,000 $4,330,394 $382,250 $-1,990,394
2022 $995,000 $2,221,441 $678,681 $-1,226,441
2021 $2,420,000 $728,433 $1,692,800 $1,691,567
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