Open Source Vision Foundation EIN 45-5202940

Open Source Vision Foundation FY2020 filing

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Develops computer vision technology, educates users, and enables application deployment. For fiscal year 2020 it reported $1.1M in revenue, $870K in expenses, and $483K in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Palo Alto, CA
Website
www.osvf.org
Filings
5 on file (2020–2020)
Revenue
$1.1MFY2020
Expenses
$870K
Net assets
$483K
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  45-5202940 Public foundation / grantmaker Palo Alto, CA
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Develops computer vision technology, educates users, and enables application deployment.
Leadership
Achinya K Bhomick · Treasurer
Money in and out
$1.1M revenue, $870K expenses
Bottom line
99% program efficiency
Grants paid & assets · FY2020
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$870K
Pt IX · Ln 25
Net assets
$483K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $270K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01
Program efficiency
99%
of spending reaches programs
Operating runway
6.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+24%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$1.1M
FY2020
Expenses
$870K
FY2020
Total assets
$483K
FY2020
Total liabilities
$4
FY2020
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$870K
Pt IX · Ln 25
Net assets
$483K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$270K
Total assetsPt X · Ln 16$483K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

2 program services account for $861K of program spending, described in the organization's own filed words · FY2020.
01

Carla

To support education about and development, training, and validation of autonomous driving systems. In addition to open-source code and protocols, carla provides open digital assets (urban layouts, buildings, vehicles) that were created for this purpose and can be used freely.

$683Kprogram expense
02

Opencv

To advance the beneficial uses of computer vision in society. We do this through educational software, hardware and a comprehensie open source, free library of computer vision software code.

$177Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COpen Source Vision Foundation
EINHdr · item D45-5202940
Principal addressHdr · item CPalo Alto, CA
WebsiteHdr · item Jwww.osvf.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T50)
Ruling yearIRS BMFAug 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A
See Open Source Vision Foundation executive salaries →

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Statement of Revenue

Part VIII
Program service revenue100%$1.1M
Contributions & grants$5K
Total revenueLn 12$1.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$861K
Management & general1%$10K
Total functional expensesLn 25$870K

Balance Sheet

Part X · end of year
CashLn 1$483K
Total assetsLn 16$483K
Total liabilitiesLn 26$4
Total net assetsLn 32$483K
Months of cash on handcomputed6.7

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $483K · Operating expenses/yr $870K
6.7 months
Where the money goes
Program services
Program services $861K · Total expenses $870K
99%
Management & General
Management & general $10K · Total expenses $870K
1%
Fundraising
Fundraising $0 · Total expenses $870K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $5K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $5K · Total revenue $1.1M
0.4%
Government reliance
Government grants — · Total revenue $1.1M
Earned-income share
Program service revenue $1.1M · Total revenue $1.1M
100%
Investment reliance
Investment income $0 · Total revenue $1.1M
0%
Program self-sufficiency
Program service revenue $1.1M · Total expenses $870K
130%
Growth & trend
Revenue growth (YoY)
This year $1.1M · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $483K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.1M · Expenses $870K
+24%
Liabilities-to-Assets
Total liabilities — · Total assets $483K
Net-asset ratio
Net assets $483K · Total assets $483K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $483K
0%
People & payroll
Highest Reported Total Compensation
Individual Achinya K Bhomick · Reported title Treasurer · Highest reported compensation $0 · Total expenses $870K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $870K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 1%
Fundraising cost ratio 0%
Investment management fee ratio 0%
Legal fee ratio 0.9%
Accounting fee ratio 0.2%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$457K revenue · ⤓ 990 PDF
FY2023$361K revenue · ⤓ 990 PDF
FY2022$248K revenue · ⤓ 990 PDF
FY2021$1.1M revenue · ⤓ 990 PDF
FY2020$1.1M revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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