Openroad Foundation EIN 87-1012810

Openroad Foundation

EIN  87-1012810 Membership association Sacramento, CA Founded 2021
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Supports peer-to-peer car sharing and tech solutions through education and community investment.
Leadership
Michelle Peacock · Director
Money in and out
$520K revenue, $474K expenses
Bottom line
+9% operating surplus

Supports peer-to-peer car sharing and tech solutions through education and community investment. For fiscal year 2025 it reported $520K in revenue, $474K in expenses, and $255K in net assets.Pt I

Membership & operating revenue · FY2025
Total revenue
$520K
Pt VIII · Ln 12
Total expenses
$474K
Pt IX · Ln 25
Net assets
$255K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $46K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.12
Operating surplus
+9%
revenue over expenses
Earned revenue
0%
of revenue from program services & dues
Payroll share
0%
of spending is salaries & benefits

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$520K
FY2025
Expenses
$474K
FY2025▼ -59%
Total assets
$255K
FY2025▼ -68%
Total liabilities
$0
FY2025
Total revenue
$520K
Pt VIII · Ln 12
Total expenses
$474K
Pt IX · Ln 25
Net assets
$255K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$46K
Total assetsPt X · Ln 16$255K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

1 program service account for $416K of program spending, described in the organization's own filed words · FY2025.
01

Invested in education, public policy, and community efforts to further support peer-to-peer car sharing and other innovative technology solutions, and benefit the communities served by them.

$416Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COpenroad Foundation
EINHdr · item D87-1012810
Principal addressHdr · item CSacramento, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2021
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(4) · active
NTEE classificationIRS BMFPublic & Societal Benefit (W40)
Ruling yearIRS BMFApr 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
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
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secty/Treas
$0Pt VII · Sec A
President
$0Pt VII · Sec A
See Openroad Foundation executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants100%$520K
Total revenueLn 12$520K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.12
Program services88%$416K
Management & general12%$58K
Total functional expensesLn 25$474K

Balance Sheet

Part X · end of year
CashLn 1$255K
Total assetsLn 16$255K
Total liabilitiesLn 26$0
Total net assetsLn 32$255K
Months of cash on handcomputed6.5

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $255K · Operating expenses/yr $474K
6.5 months
Where the money goes
Program services
Program services $416K · Total expenses $474K
88%
Management & General
Management & general $58K · Total expenses $474K
12%
Fundraising
Fundraising $0 · Total expenses $474K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $260K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $520K · Total revenue $520K
100%
Government reliance
Government grants — · Total revenue $520K
Earned-income share
Program service revenue $0 · Total revenue $520K
0%
Investment reliance
Investment income $0 · Total revenue $520K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $474K
0%
Growth & trend
Revenue growth (YoY)
This year $520K · Prior year $0
Prior-year revenue below floor — showing dollar change
Revenue CAGR
FY2021 $3.0M · FY2025 $520K
-35%
Net-asset trend (YoY)
End of year $255K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $520K · Expenses $474K
+9%
Liabilities-to-Assets
Total liabilities — · Total assets $255K
Net-asset ratio
Net assets $255K · Total assets $255K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $255K
0%
People & payroll
Highest Reported Total Compensation
Individual Michelle Peacock · Reported title Director · Highest reported compensation $0 · Total expenses $474K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $474K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 12%

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 · this organization's grantmaking
Grants paid · 35 grants · $782K · 2021–2025
State Legislative LeadersMA · FY2025$15,000
House Victory FundFY2025$15,000
Natl Conference of State LegFY2025$10,000
Americans for Tax ReformDC · FY2023$50,000
State Legislative LeadersMA · FY2023$40,000
National Urban League INCNY · FY2023$20,000
Council of State GovernmentsKY · FY2023$15,000
Natl Conference of State LegFY2023$10,000
Hawaii Community FoundationFY2023$10,000
See all 35 grants →

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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)$520K revenue · viewing · ⤓ 990 PDF
FY2024not on file
FY2023$0 revenue · ⤓ 990 PDF
FY2022$0 revenue · ⤓ 990 PDF
FY2021$3.0M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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