Open Earth Foundation EIN 85-3261449 Form 990 (PDF) Claim this org

Open Earth Foundation FY2022 filing

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Builds and shares free online tools to help the planet flourish. For fiscal year 2022 it reported $-246K in revenue, $2.0M in expenses, and $3.3M in net assets.Pt I

Founded
2020
Type
Public charity (501(c)(3)) · Science & Technology
Location
Playa Del Rey, CA
Website
openearth.org
Filings
5 on file (2021–2022)
Revenue
$-246KFY2022
Expenses
$2.0M
Net assets
$3.3M
People
8
Filings
5
Updates
0
More identity details & actions ⌄
EIN  85-3261449 Public charity (501(c)(3)) Playa Del Rey, CA Founded 2020
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Builds and shares free online tools to help the planet flourish.
Leadership
Martin Wainstein · Board Chair/Executive Dire · $159K
Money in and out
$-246K revenue, $2.0M expenses
Bottom line
83% program efficiency
Where the money goes · FY2022
Total revenue
$-246K
Pt VIII · Ln 12
Total expenses
$2.0M
Pt IX · Ln 25
Net assets
$3.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$2.2M
Where spending went · Part IX cols B–D
Program services $0.83 Management & general $0.13 Fundraising $0.04
Program efficiency
83%
of spending reaches programs
Operating runway
19.6mo
months of highly liquid reserves at operating expense rate
Goes to people
31%
of spending is salaries & benefits

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$-246K
FY2022▼ -103%
Expenses
$2.0M
FY2022▲ +75%
Total assets
$3.6M
FY2022▼ -45%
Total liabilities
$280K
FY2022▲ +138%
Total revenue
$-246K
Pt VIII · Ln 12
Total expenses
$2.0M
Pt IX · Ln 25
Net assets
$3.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$2.2M
Total assetsPt X · Ln 16$3.6M
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 42
Mission & Programs · Part III

Where the work happens

3 program services account for $1.3M of program spending, described in the organization's own filed words · FY2022.
01

Openclimate

Openclimate is an open source and digitally integrated climate accounting system designed to help the world achieve the emission reduction targets set in the paris agreement. Its purpose is to remove friction in climate accounting, by working towards interoperability between different standards, reducing double counting and catalyzing…

$784Kprogram expense
02

Openearth Lab

As a research and deployment climate tech nonprofit, the openearth lab is where innovation across all projects occurs. The lab supports collaboration among existing projects and is where new innovative ideas emerge that will help open earth foundation move the needle in our mission and develop new programs.

$305Kprogram expense
03

Un Climate Change Global Innovation Hub

Openearth collaborates with the unfccc to design and develop the unfccc global innovation hub, or ugih. Launched in glasgow's COP25, the ugih provides a cross-disciplinary community of practice with both a physical and virtual hub to connect stakeholders searching to meet core human needs with best available climate and sustainability…

$236Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COpen Earth Foundation
EINHdr · item D85-3261449
Principal addressHdr · item CPlaya Del Rey, CA
WebsiteHdr · item Jopenearth.org
Year of formationHdr · item L2020
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFScience & Technology (U30)
Ruling yearIRS BMFNov 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Chair/Executive Dire
$158,624Pt VII · Sec A
$88,529Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Martin Wainstein’s $158K as Board Chair/Executive Director is at the 87th percentile of top reported officer pay among 310 $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 · 6 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Martin Wainstein$158,005$145,473$149,387$158,624$150,010
Christian Wiesenthal$128,750
Sean Young$120,328$115,843$104,106
Katherine Foster$107,268
Lucas Gloege$104,408
Melissa Hauser$94,944$91,354$76,401$88,529

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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Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.13 Fundraising $0.04
Program services83%$1.6M
Management & general13%$253K
Fundraising4%$80K
Total functional expensesLn 25$2.0M

Balance Sheet

Part X · end of year
CashLn 1$228K
Total assetsLn 16$3.6M
Total liabilitiesLn 26$280K
Total net assetsLn 32$3.3M
Months of cash on handcomputed1.4

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3.2M · Operating expenses/yr $2.0M
19.6 months
Where the money goes
Program services
Program services $1.6M · Total expenses $2.0M
83%
Management & General
Management & general $253K · Total expenses $2.0M
13%
Fundraising
Fundraising $80K · Total expenses $2.0M
4%
Cost to raise $1
Fundraising expense (2-yr avg) $68K · Solicited contributions (2-yr avg) $3.9M
$0.02 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $299K · Total revenue $-246K
Government reliance
Government grants — · Total revenue $-246K
Earned-income share
Program service revenue $30K · Total revenue $-246K
Investment reliance
Investment income $-577K · Total revenue $-246K
Program self-sufficiency
Program service revenue $30K · Total expenses $2.0M
1%
Growth & trend
Revenue growth (YoY)
This year $-246K · Prior year $7.6M
-103%
Net-asset trend (YoY)
End of year $3.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $-246K · Expenses $2.0M
Liabilities-to-Assets
Total liabilities — · Total assets $3.6M
Net-asset ratio
Net assets $3.3M · Total assets $3.6M
92%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $2.8M · Other securities (Pt X, ln 12) $180K · Total assets (Pt X, ln 16) $3.6M
83%
People & payroll
Highest Reported Total Compensation
Individual Martin Wainstein · Reported title BOARD CHAIR/EXECUTIVE DIRE · Highest reported compensation $159K · Total expenses $2.0M
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $604K · Total expenses $2.0M
31%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 83%
Overhead ratio 13%
Fundraising cost ratio 27%
Revenue growth -103%
Investment management fee ratio 0.7%
Legal fee ratio 1%
Accounting fee ratio 2%

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 · received and paid
Grants received · FY2024
See all 3 funders →
Grants paid · 2 grants · $184K · 2021–2022

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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
FY2025 (Latest)$990K revenue · ⤓ 990 PDF
FY2024$1.2M revenue · ⤓ 990 PDF
FY2023$1.1M revenue · ⤓ 990 PDF
FY2022$-246K revenue · viewing · ⤓ 990 PDF
FY2021$7.6M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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