Organization for Ethical Source

EIN: 874467139 501(c)(3) Science & Technology

Oak Park, IL

Total Revenue
$398,766
Total Expenses
$223,694
Total Assets
$175,072
Net Assets
$175,072
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
IL
Principal Officer
Coraline Ada Ehmke
Phone
7085577287
Tax Period
2022-01-01 to 2022-12-31

Organization for Ethical Source, founded in 2021, is a small nonprofit in the Science & Technology sector that reported $399K in total revenue in fiscal year 2022. The organization ran a surplus of $175K, a strong 44% operating margin.

Mission

The Organization for Ethical Source (OES) was founded to help open source communities ensure that their work is being used for social good and in service of human rights. We develop tools and standards to promote fair, ethical, and equitable outcomes for everyone who contributes to, benefits from, or is impacted by open source technologies.

Program Service Accomplishments

Program 1
Expenses: $187,163

For the 2022-23 funding period, OES committed to four primary goals: first, investing in our growth and sustainability; second, supporting the development of new ethical licenses through our ethical...

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For the 2022-23 funding period, OES committed to four primary goals: first, investing in our growth and sustainability; second, supporting the development of new ethical licenses through our ethical license incubator; third, launching the Contributor Covenant 3.0 working group; and finally, creating online learning tools and resources through the Ethical Ed Tech project. Over the past year, we focused on the first two of these goals. As part of our investment in growth and sustainability, in November of 2022 we held our first open board elections. Three additional board members were elected, bringing extensive open source, human rights, and civic tech experience to the OES leadership team. Board members are expected to take active roles in leading or sponsoring OES projects, according to their interest and expertise, so growing our board will also increase our capacity to work in parallel on multiple initiatives. We also launched a redesigned website, which was built by a volunteer working group over the course of the past year. Throughout the development of the new OES site, we provided mentoring and learning opportunities to an early-career web developer who had volunteered for the project. We applied for our501(c)(3) status in 2022, and our application was approved by the IRS in January 2023, with an effective date of November 2021. This means that we will no longer need a fiscal sponsor and will be able to more easily accept direct donations and funding. Through the Ethical License Incubator, OES has provided legal resources and other support for the development of the At The Root Anti-Racist License. Created by Dawn Wages, the ATR license builds on the legal and human rights framework of the Hippocratic License, but includes specific context, language, and conditions designed to combat systemic racism in how tech is created and used. Dawn and her team announced the release of At The Root Version 0.6 on Juneteenth 2022, the version number referencing the 3/5ths Compromise.

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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 $398,766
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $398,766

Expense Breakdown

Grants Paid $0
Salaries & Benefits $168,128
Fundraising Expenses $376
Program Expenses $187,163
Other Expenses $55,566
TOTAL EXPENSES $223,694

Year-over-Year Comparison

2022 2021 Change
Revenue $398,766 N/A N/A
Expenses $223,694 N/A N/A
Net Income $175,072 N/A N/A
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
7
Independent Members
6
Employees
1
Volunteers
12

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
4
$156,250
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Coraline Ada Ehmke President 40.00
Officer
$156,250 $0 $156,250
Sean Bailey Director 1.00
Director
$0 $0 $0
Will Barton Director 1.00
Director
$0 $0 $0
Mike Nolan Director 1.00
Director
$0 $0 $0
Astrid Countee Treasurer 1.00
Officer
$0 $0 $0
Alex Culliere Secretary 1.00
Officer
$0 $0 $0
Sameeul Haque Vice President 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
2022 $398,766 $223,694 $175,072 $175,072
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