Open Lunar Foundation FY2022 filing

Tax-deductible

Covina, CA501(c)(3)Science & TechnologyEIN 82-4265651Revenue $808K in FY2022

On file with the IRSopenlunar.org440 N Barranca Ave 1606, 91723-1722 · Covina, CATax-exempt since Mar 2019Publicly supported charity — 170(b)(1)(A)(vi)

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The organization engages in programs and activities to create a peaceful, self-sustaining presence on the moon, with the goal of preserving earth's species and knowledge, and the positive evolution of human civilization

501(c)(3) charity; gifts are tax-deductible.
65¢ of each $1 spent went to programs.
$345K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $456K a year · 125% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
65%
of spending
Fine: 65% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$345K
to officers and key staff · 46% of spending
Concern: pay to officers and key staff is 46% of spending; over 30%.
Pt VII · Sec A
Cash reserves
10 mo
of spending, in cash
Looks good: 10.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $670K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$6K
0.5% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 6 voting members
Looks good: 4 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$808K
×15 vs prior year
Spent
$757K
To programs
65%
Net assets
$1.2M
By yearFY2020–FY2024
Revenue
$808K
FY2022▲ ×15
Tap a bar for its year
Revenue by fiscal year
FY2020$16K
FY2021$54K
FY2022$808K
FY2023$603K
FY2024$339K
Expenses
$757K
FY2022▲ +25%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.5M
FY2021$607K
FY2022$757K
FY2023$611K
FY2024$659K
Net assets
$1.2M
FY2022▲ +4%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.7M
FY2021$1.2M
FY2022$1.2M
FY2023$1.2M
FY2024$917K

From the FY2022 Form 990 · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2019.

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

Where the money goes

65 cents of each dollar spent went to programs.

Program services 65% · $495K Management & general 29% · $222K Fundraising 5% · $41K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990; $345K paid to officers and key staff.

Part VII, Section A · reportable compensation
$140,192Pt VII · Sec A
$135,000Pt VII · Sec A
Exec Directo
$70,142Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Rachel Williams’s $120K as Acting Exec is at the 78th percentile of top reported officer pay among 312 $100K–1M science & technology 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 · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Jessie Kate Schingler—$15,000$140,192$135,000$112,116
Chelsea Robinson——$135,000$135,000$131,347
Rachel Williams$119,562$48,805———
Jacob Malthouse—$116,340$70,142——

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.

See Open Lunar Foundation executive salaries →

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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 15aYes

Programs and updates

Establishing a peaceful, self-sustaining lunar presence to preserve Earth's species and knowledge.

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Provided by the organization

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3 programs · $359K · in their own filed words · FY2022
01

Policy our policy program remained strong this year. Examples: fellowships, an international fellowship program supporting young scholars in conducting cutting-edge research on lunar policy questions. Outputs include research deep dives and reports.

$254Kprogram expense
02

Moon dialogs leading expert groups created lunar policy solutions based on evidence and lessons from earth. The moon dialogs is a partnership convening lunar actors on topics of governance and coordination mechanisms for the lunar surface.

$57Kprogram expense
03

Breaking ground trust the breaking ground trust was established by open lunar to demonstrate precedent-setting activities in lunar policy. This is a "perpetual purpose trust" which is legally bound to focus on its mission in perpetuity. The purpose is to steward and demonstrate new ways of managing lunar resources for the benefit of all.

$49Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$670K
See all 3 funders →
Grants paid · 7 grants · $337K · 2020–2024
Unitemized GrantFY2024$125,552
Unitemized GrantFY2024$40,727
Unitemized GrantFY2023$72,200
Breaking Ground TrustFY2023$60,000
Unitemized GrantFY2022$15,828
Breaking Ground Lunar Resource TrusFY2021$10,000

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$808K
Ln 12
Gifts and grantsLn 1h$808K
Investment incomeLn 3$288
Money outPt IX
$757K
Ln 25
Programscol B$495K
Managementcol C$222K
Fundraisingcol D$41K
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$647K
Total assetsLn 16$1.3M
LiabilitiesLn 26$6K
PeoplePt VI, VII
7
listed · VII A
PaidVII A3
Voting boardVI 1a6
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$808K
Government grantsLn 1e$26K
Investment incomeLn 3$288
Total revenueLn 12$808K
Assets in detailPt X, end of year
CashLn 1$494K
SavingsLn 2$154K
Cash and savings togetherLn 1–2$647K
InvestmentsLn 11–13$600K
Total assetsLn 16$1.3M
LiabilitiesLn 26$6K
Net assetsLn 32$1.2M
OperationsPt I, VI
EmployeesI 55
VolunteersI 635
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$469K$647K
InvestmentsLn 11–13$600K$600K
Total assetsLn 16$1.2M$1.3M
LiabilitiesLn 26$24K$6K
Net assetsLn 32$1.2M$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$16K$16K
Pay of current officers, directors and key staffLn 5$345K$215K$103K$27K
Other salaries and wagesLn 7$56K$772$55K
Other employee benefitsLn 9$29K$17K$10K$2K
Payroll taxesLn 10$27K$14K$10K$2K
Legal feesLn 11b$17K$11K$7K
Accounting feesLn 11c$21K$21K
Other fees for servicesLn 11g$201K$199K$1K$1K
Office expensesLn 13$4K$818$3K$8
Information technologyLn 14$15K$7K$6K$1K
OccupancyLn 16$4K$3K$756$378
TravelLn 17$5K$4K$1K$534
Conferences, conventions and meetingsLn 19$14K$5K$3K$6K
InsuranceLn 23$4K$3K$779$390
Total functional expensesLn 25$757K$495K$222K$41K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $339K$659K−$320K$917K 990 PDF
FY2023 $603K$611K−$8K$1.2M 990 PDF
FY2022 Viewing $808K$757K$51K$1.2M 990 PDF
FY2021 $54K$607K−$553K$1.2M 990 PDF
FY2020 $16K$1.5M−$1.4M$1.7M 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 FY2022 990 (6 parts)
Part I · Summary $808,233 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $28,371$807,945
I-9 Program service revenuePrior year $25,000$0
I-10 Investment incomePrior year $476$288
I-11 Other revenue$0
I-12 Total revenuePrior year $53,847$808,233
I-13 Grants and similar amounts paidPrior year $14,520$15,828
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $450,493$456,845
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $141,824$284,762
I-18 Total expensesPrior year $606,837$757,435
I-19 Revenue less expensesPrior year −$552,990$50,798
Part VI · Governance 4 of 6 board members independent, no flags
VI-1a Voting members of the governing body6
VI-1b Independent voting members4
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $808,233 across 5 lines filed
VIII-1e Government grants$26,186
VIII-1f All other contributions, gifts and grants$781,759
VIII-1h Total contributions, gifts and grants$807,945
VIII-3 Investment incomeExcluded from tax $288$288
VIII-12 Total revenueExcluded from tax $288$808,233
Part IX · Statement of functional expenses $757,435 across 14 lines filed
IX-2 Grants to domestic individualsPrograms $15,828$15,828
IX-5 Pay of current officers, directors and key staffPrograms $215,244 · Management $103,089 · Fundraising $27,000$345,333
IX-7 Other salaries and wagesPrograms $772 · Management $54,950$55,722
IX-9 Other employee benefitsPrograms $16,588 · Management $10,188 · Fundraising $2,423$29,199
IX-10 Payroll taxesPrograms $14,310 · Management $10,122 · Fundraising $2,159$26,591
IX-11b Legal feesPrograms $10,930 · Management $6,516$17,446
IX-11c Accounting feesManagement $20,746$20,746
IX-11g Other fees for servicesPrograms $199,056 · Management $1,000 · Fundraising $1,152$201,208
IX-13 Office expensesPrograms $818 · Management $3,490 · Fundraising $8$4,316
IX-14 Information technologyPrograms $7,389 · Management $5,773 · Fundraising $1,361$14,523
IX-16 OccupancyPrograms $2,645 · Management $756 · Fundraising $378$3,779
IX-17 TravelPrograms $3,736 · Management $1,068 · Fundraising $534$5,338
IX-19 Conferences, conventions and meetingsPrograms $4,521 · Management $3,096 · Fundraising $5,893$13,510
IX-23 InsurancePrograms $2,727 · Management $779 · Fundraising $390$3,896
IX-25 Total functional expensesPrograms $494,564 · Management $221,573 · Fundraising $41,298$757,435
Part X · Balance sheet $1,251,072 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $119,951$493,507
X-2 Savings and temporary cash investmentsStart of year $349,480$153,954
X-9 Prepaid expenses and deferred chargesStart of year $147,982$3,611
X-12 Other securitiesStart of year $600,000$600,000
X-16 Total assetsStart of year $1,217,413$1,251,072
X-17 Accounts payable and accrued expensesStart of year $11,312$3,454
X-25 Other liabilitiesStart of year $12,321$3,040
X-26 Total liabilitiesStart of year $23,633$6,494
X-27 Net assets without donor restrictionsStart of year $1,188,361$1,244,578
X-32 Total net assets or fund balancesStart of year $1,193,780$1,244,578
X-33 Total liabilities and net assetsStart of year $1,217,413$1,251,072
Part XI · Reconciliation of net assets $1,244,578 net assets at year end
XI-1 Total revenue$808,233
XI-2 Total expenses$757,435
XI-3 Revenue less expenses$50,798
XI-4 Net assets at start of year$1,193,780
XI-10 Net assets at end of year$1,244,578

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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