Osluv Project FY2023 filing

Tax-deductible

Saint Paul, MN501(c)(3)Health CareEIN 92-0445298Revenue $54K in FY2023

On file with the IRSosluv.org680 Transfer Rd Ste 3b, 55114-1487 · Saint Paul, MNTax-exempt since Aug 2023Publicly supported charity — 170(b)(1)(A)(vi)

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The Osluv Project knows that using 222NM uv for disease mitigation can help change the world.

501(c)(3) charity; gifts are tax-deductible.
59¢ of each $1 spent went to programs.
$162K 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

FY2023 · 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 3
filings with a surplus
Average surplus $28K a year · 5% of revenue · last 3 filings
Worth a look: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
59%
of spending
Worth a look: 59% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$162K
to officers and key staff · 19% of spending
Fine: pay to officers and key staff is 19% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$160K
20% of total assets
Looks good: liabilities are 20% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 3 voting members
Looks good: 2 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$54K
-97% vs prior year
Spent
$872K
To programs
59%
Net assets
$651K
By yearFY2022–FY2024
Revenue
$54K
FY2023▼ -97%
Tap a bar for its year
Revenue by fiscal year
FY2022$1.6M
FY2023$54K
FY2024$14K
Expenses
$872K
FY2023▲ +872%
Tap a bar for its year
Expenses by fiscal year
FY2022$90K
FY2023$872K
FY2024$581K
Net assets
$651K
FY2023▼ -56%
Tap a bar for its year
Net assets by fiscal year
FY2022$1.5M
FY2023$651K
FY2024$84K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 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 Aug 2023.

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

Where the money goes

59 cents of each dollar spent went to programs.

Program services 59% · $514K Management & general 41% · $358K

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

3 people listed on the 990; $162K paid to officers and key staff.

Part VII, Section A · reportable compensation
Secretary
$162,139Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Chia Hua Pang’s $162K as Secretary/Exec Director is at the 94th percentile of top reported officer pay among 200 <$100K health care 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 · 1 named individual · Part VII

NameFY2024FY2023FY2022
Chia Hua Pang$162,474$162,139$38,895

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promotes using 222nm UV light to prevent and control diseases globally.

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Provided by the organization

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1 program · $514K · in their own filed words · FY2023
01

The osluv project endeavors to bring safe and accessible clean air to indoor gathering spaces with the understanding that aerosol-spread illness is a cause of preventable suffering. We take a holistic approach to this problem: advancing both the state of technology and the public's understanding of far-uv by researching 222 nanometer…

$514Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $12K · 2024–2024
Johns Hopkins UniversityMD · FY2024$12,500

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$54K
Ln 12
Investment incomeLn 3$53K
Gifts and grantsLn 1h$2K
Money outPt IX
$872K
Ln 25
Programscol B$514K
Managementcol C$358K
Owns and owesPt X
$651K
net assets · Ln 32
Cash and savingsLn 1–2$233K
Total assetsLn 16$811K
LiabilitiesLn 26$160K
PeoplePt VI, VII
3
listed · VII A
PaidVII A1
Voting boardVI 1a3
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2K
Investment incomeLn 3$53K
Gains on assetsLn 7$800
Total revenueLn 12$54K
Assets in detailPt X, end of year
CashLn 1$233K
Cash and savings togetherLn 1–2$233K
InvestmentsLn 11–13$517K
Land, buildings, equipmentLn 10c$34K
Other assetsLn 15$27K
Total assetsLn 16$811K
LiabilitiesLn 26$160K
Net assetsLn 32$651K
OperationsPt I, VI
EmployeesI 51
VolunteersI 62
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 FY23End FY23
Cash and savingsLn 1–2$107K$233K
InvestmentsLn 11–13$1.4M$517K
Land, buildings, equipmentLn 10c$0$34K
Total assetsLn 16$1.5M$811K
LiabilitiesLn 26$76K$160K
Net assetsLn 32$1.5M$651K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$162K$96K$67K
Payroll taxesLn 10$13K$8K$5K
Management feesLn 11a$21K$12K$9K
Legal feesLn 11b$145K$85K$59K
Other fees for servicesLn 11g$360K$212K$148K
Advertising and promotionLn 12$3K$2K$1K
Office expensesLn 13$18K$10K$7K
OccupancyLn 16$37K$22K$15K
TravelLn 17$8K$5K$3K
Depreciation, depletion and amortizationLn 22$2K$1K$880
InsuranceLn 23$679$400$279
Other expenses (24a–d)Ln 24$104K$61K$43K$0
Total functional expensesLn 25$872K$514K$358K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $14K$581K−$567K$84K 990 PDF
FY2023 Viewing $54K$872K−$818K$651K 990 PDF
FY2022 $1.6M$90K$1.5M$1.5M 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 FY2023 990 (6 parts)
Part I · Summary $54,279 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,554,229$1,715
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $4,240$52,564
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,558,469$54,279
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 $42,368$174,944
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $47,355$697,527
I-18 Total expensesPrior year $89,723$872,471
I-19 Revenue less expensesPrior year $1,468,746−$818,192
Part VI · Governance 2 of 3 board members independent, 2 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members2
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $54,279 across 5 lines filed
VIII-1f All other contributions, gifts and grants$1,715
VIII-1h Total contributions, gifts and grants$1,715
VIII-3 Investment incomeExcluded from tax $51,764$51,764
VIII-7 Net gain or loss on sales of assetsExcluded from tax $800$800
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $52,564$54,279
Part IX · Statement of functional expenses $872,471 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $95,567 · Management $66,572$162,139
IX-10 Payroll taxesPrograms $7,547 · Management $5,258$12,805
IX-11a Management feesPrograms $12,295 · Management $8,564$20,859
IX-11b Legal feesPrograms $85,176 · Management $59,334$144,510
IX-11g Other fees for servicesPrograms $212,070 · Management $147,729$359,799
IX-12 Advertising and promotionPrograms $1,550 · Management $1,080$2,630
IX-13 Office expensesPrograms $10,439 · Management $7,271$17,710
IX-16 OccupancyPrograms $22,099 · Management $15,395$37,494
IX-17 TravelPrograms $4,553 · Management $3,171$7,724
IX-22 Depreciation, depletion and amortizationPrograms $1,263 · Management $880$2,143
IX-23 InsurancePrograms $400 · Management $279$679
IX-24 Other expenses (24a–d)Programs $61,287 · Management $42,692 · Fundraising $0$103,979
IX-25 Total functional expensesPrograms $514,246 · Management $358,225 · Fundraising $0$872,471
Part X · Balance sheet $810,915 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $106,623$233,004
X-9 Prepaid expenses and deferred chargesStart of year $30,000$0
X-10c Land, buildings and equipment, netStart of year $0$33,874
X-11 Publicly traded securitiesStart of year $1,354,390$516,844
X-15 Other assetsStart of year $53,676$27,193
X-16 Total assetsStart of year $1,544,689$810,915
X-17 Accounts payable and accrued expensesStart of year $30,074$148,672
X-25 Other liabilitiesStart of year $45,869$11,689
X-26 Total liabilitiesStart of year $75,943$160,361
X-27 Net assets without donor restrictionsStart of year $4,440$0
X-28 Net assets with donor restrictionsStart of year $1,464,306$650,554
X-32 Total net assets or fund balancesStart of year $1,468,746$650,554
X-33 Total liabilities and net assetsStart of year $1,544,689$810,915
Part XI · Reconciliation of net assets $650,554 net assets at year end
XI-1 Total revenue$54,279
XI-2 Total expenses$872,471
XI-3 Revenue less expenses−$818,192
XI-4 Net assets at start of year$1,468,746
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$650,554

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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