Opencapi Consortium INC FY2021 filing

Piscataway, NJUnknown exempt organizationEIN 82-4037329Revenue $236K in FY2021

On file with the IRSopencapi.org445 Hoes Lane · Piscataway, NJ

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To create an open coherent high performance bus interface and grow the ecosystem that utilizes this interface.

Mission: Form 990 Part I, line 1

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 2
filings with a surplus
Average deficit $112K a year · 42% of revenue · last 2 filings
Concern: a surplus in 0 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Cash reserves
12 mo
of spending, in cash
Looks good: 11.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$239K
47% of total assets
Looks good: liabilities are 47% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 2 voting members
Looks good: 2 of 2 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$236K
-19% vs prior year
Spent
$440K
Net assets
$269K
By yearFY2020–FY2023
Revenue
$236K
FY2021▼ -19%
Tap a bar for its year
Revenue by fiscal year
FY2020$292K
FY2021$236K
FY2022$177K
FY2023$12K
Expenses
$440K
FY2021▲ +42%
Tap a bar for its year
Expenses by fiscal year
FY2020$311K
FY2021$440K
FY2022Not on file
FY2023Not on file
Net assets
$269K
FY2021▼ -43%
Tap a bar for its year
Net assets by fiscal year
FY2020$473K
FY2021$269K
FY2022$42K
FY2023$0

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

2 people listed on the 990.

Part VII, Section A · reportable compensation
President/Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
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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

Develops a high-performance bus interface and fosters its ecosystem.

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Provided by the organization

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1 program · in their own filed words · FY2021
01

to create an open coherent high performance bus interface based on a new bus standard called Open Coherent Accelerator Processor Interface (OpenCAPI) and grow the ecosystem that utilizes this interface.

Pt IX · col B

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$236K
Ln 12
Fees for servicesLn 2g$236K
Money outPt IX
$440K
Ln 25
Owns and owesPt X
$269K
net assets · Ln 32
Cash and savingsLn 1–2$436K
Total assetsLn 16$508K
LiabilitiesLn 26$239K
PeoplePt VI, VII
2
listed · VII A
PaidVII A0
Voting boardVI 1a2
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$236K
Gains on assetsLn 7$0
Total revenueLn 12$236K
Assets in detailPt X, end of year
CashLn 1$436K
SavingsLn 2$0
Cash and savings togetherLn 1–2$436K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$508K
LiabilitiesLn 26$239K
Net assetsLn 32$269K
OperationsPt I, VI
EmployeesI 50
VolunteersI 625
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$577K$436K
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$587K$508K
LiabilitiesLn 26$114K$239K
Net assetsLn 32$473K$269K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$345K
Legal feesLn 11b$25K
Accounting feesLn 11c$19K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$19K
Advertising and promotionLn 12$0
Office expensesLn 13$2K
Information technologyLn 14$8K
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$5K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$13K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$4K
Total functional expensesLn 25$440K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest $12K$0 990 PDF
FY2022 $177K$42K 990 PDF
FY2021 Viewing $236K$440K−$204K$269K 990 PDF
FY2020 $292K$311K−$19K$473K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $235,807 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $291,659$235,807
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $291,659$235,807
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $310,769$440,042
I-18 Total expensesPrior year $310,769$440,042
I-19 Revenue less expensesPrior year −$19,110−$204,235
Part VI · Governance 2 of 2 board members independent, 4 to look at
VI-1a Voting members of the governing body2
VI-1b Independent voting members2
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $235,807 across 8 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $235,807$235,807
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $235,807$235,807
Part IX · Statement of functional expenses $440,042 across 29 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$344,538
IX-11b Legal fees$24,960
IX-11c Accounting fees$19,158
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$19,450
IX-12 Advertising and promotion$0
IX-13 Office expenses$2,465
IX-14 Information technology$8,067
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$4,643
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$12,763
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$3,998
IX-25 Total functional expenses$440,042
Part X · Balance sheet $508,074 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $576,930$436,107
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $833$70,000
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $7,751$1,967
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $1,415$0
X-16 Total assetsStart of year $586,929$508,074
X-17 Accounts payable and accrued expensesStart of year $2,960$69,174
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $110,833$169,999
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $113,793$239,173
X-27 Net assets without donor restrictionsStart of year $473,136$268,901
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $473,136$268,901
X-33 Total liabilities and net assetsStart of year $586,929$508,074
Part XI · Reconciliation of net assets $268,901 net assets at year end
XI-1 Total revenue$235,807
XI-2 Total expenses$440,042
XI-3 Revenue less expenses−$204,235
XI-4 Net assets at start of year$473,136
XI-10 Net assets at end of year$268,901

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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