Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 2016.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
9 people listed on the 990; $238K paid to officers and key staff.
John Park’s $219K as Executive Director is at the 98th percentile of top reported officer pay among 168 <$100K community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2021 | FY2020 |
|---|---|---|
| John Joonho Park | — | $237,600 |
| John Park | $219,370 | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Defines device connectivity standards for a seamless Internet of Things.
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3. Certificationfollowing publication of specifications and open source projects, ocf has developed a formal certification process for those products that pass the certification requirements.
1. Specification developmentocf develops and publishes specifications, which define and promote communication and interoperability requirements for the "internet of things." to develop these specifications, ocf has established work groups to produce technical specifications and related documentation, consistent with the ocf mission…
2. Open source project ocf sponsors open source projects to enable the development of open source software in support of the ocf specifications. Ocf is the sole sponsor to the IOTIVITY.ORG open source project. Open source contributions can be initiated by members and the general public.
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By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.7M | $1.0M |
| Total assetsLn 16 | $1.8M | $1.2M |
| LiabilitiesLn 26 | $1.1M | $596K |
| Net assetsLn 32 | $673K | $566K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $262K | |||
| Management feesLn 11a | $348K | |||
| Legal feesLn 11b | $151K | |||
| Accounting feesLn 11c | $7K | |||
| Advertising and promotionLn 12 | $140K | |||
| Office expensesLn 13 | $21K | |||
| Information technologyLn 14 | $232K | |||
| Conferences, conventions and meetingsLn 19 | $39K | |||
| InsuranceLn 23 | $4K | |||
| Other expenses (24a–d)Ln 24 | $412K | |||
| Total functional expensesLn 25 | $1.6M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $0 | $26K | −$26K | $0 | 990 PDF |
| FY2024 | $57K | $158K | −$100K | $102K | 990 PDF |
| FY2023 | $107K | $270K | −$163K | $202K | 990 PDF |
| FY2022 | $305K | $375K | −$70K | $414K | 990 PDF |
| FY2021 | $915K | $994K | −$79K | $487K | 990 PDF |
| FY2020 Viewing | $1.5M | $1.6M | −$107K | $566K | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $1,508,697 across 3 lines filed
Part IX · Statement of functional expenses $1,615,373 across 10 lines filed
Part X · Balance sheet $1,161,430 assets, 11 lines filed
Part XI · Reconciliation of net assets $565,823 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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