Openworld Relief INC

Unknown exempt organization Broadalbin, NY EIN 82-3693687
Revenue
$36K
FY2020 · Pt VIII · Ln 12
Expenses
$41K
FY2020 · Pt IX · Ln 25
Net assets
$483
FY2020 · Pt X · Ln 32
To programs
0%
FY2020 · Pt IX · col B
LeadershipPart VII
  1. Benjamin Julius Watsky · Executive Director
  2. Jana Stone · Director
  3. James Cameron · Director

a nonprofit organization based in Broadalbin, NY.

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Tax-deductible?
No — IRS exemption revoked
On the IRS revocation list. Details →
Can I give now?
No — exemption revoked (2024-05-15)
On the IRS revocation list. Details →
Filing up to date?
No filing since FY2020 — 6 yrs
Foundation funders?
1 funder — Amazonsmile Foundation
$50 in the latest grant year. Details →
Spent on programs?
0% to programs
Form 990 Part IX, latest filing. Details →
Size and trend
<$100K
IRS revoked this organization's tax-exempt status on May 15, 2024

Form 990 for the fiscal year ending December 2020 (IRS tax year 2020).


Openworld Relief INC is a nonprofit organization based in Broadalbin, NY.

Type
Unknown exempt organization · Nonprofit
Location
Broadalbin, NY
Website
www.openworldrelief.org
Filings
1 on file (2020–2020)
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Provided by the organization

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Where the money goes · FY2020
Where spending went · Part IX cols B–D
Management & general $1.00
Surplus margin
-15%
revenue over expenses, this year
Program spending
0%
of expenses reach programs

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Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue less expensesPt I · Ln 19−$6K
Total assetsPt X · Ln 16$483
Program-expense ratioPt IX · col B0%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item COpenworld Relief INC
EINHdr · item D82-3693687
Principal addressHdr · item CBroadalbin, NY
WebsiteHdr · item Jwww.openworldrelief.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item IRevoked
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
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
Executive Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2020.
01

The organization focused on establishing operations and recruiting volunteers during 2019. Program included serving americans across puerto rico on relief and recovery projects, served in conjunction with usaid, undrr, and others in response to hurricane dorian in the bahamas, and also responded to flooding and durricane damage across…

Pt IX · col B

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Statement of Revenue

Part VIII
Contributions & grants100%$36K
Total revenueLn 12$36K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Management & general $1.00
Management & general100%$41K
Total functional expensesLn 25$41K

Balance Sheet

Part X · end of year
CashLn 1$483
Total assetsLn 16$483
Total liabilitiesLn 26$0
Total net assetsLn 32$483
Months of cash on handcomputed0.1

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $483 · Operating expenses/yr $41K
0.1 months
Where the money goes
Program services
Program services $0 · Total expenses $41K
0%
Management & General
Management & general $41K · Total expenses $41K
100%
Fundraising
Fundraising $0 · Total expenses $41K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $36K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $36K · Total revenue $36K
100%
Government reliance
Government grants — · Total revenue $36K
—
Earned-income share
Program service revenue $0 · Total revenue $36K
0%
Investment reliance
Investment income $0 · Total revenue $36K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $41K
0%
Growth & trend
Revenue growth (YoY)
This year $36K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $483 · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $36K · Expenses $41K
-15%
Liabilities-to-Assets
Total liabilities — · Total assets $483
—
Net-asset ratio
Net assets $483 · Total assets $483
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $483
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Benjamin Julius Watsky · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $0 · Total expenses $41K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $41K
—
Peer comparison

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

MetricThis orgPeer medianPercentile
Overhead ratio 100%——
Fundraising cost ratio 0%——
Accounting fee ratio 5%——

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.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$50

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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
FY2020 (Latest)$36K 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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