Open Worldwide Innovation Network
Nonprofit profile at a glance
- EIN
- 463524555
- IRS 990-EZ coverage
- 2021–2023
- Forms available
- Form 990 2020, Form 990-EZ 2023
- Location
- College Station, TX, USA
- Rating confidence
- Limited
- Sector
- Economic Development
Reported finances
- Expenses
- $8,594
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
3 people listed
People named in this filing
- BRETT CORNWELL (BOARD MEMBER)
- DR HONXIN TAN (BOARD MEMBER)
- PHILIPPE LACHA (BOARD MEMBER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Assist members in their goals
What it reported doing in 2023
Acting as a catalyst for assisting joint commercializat development and research arrangment and to assist in the fulfillment of their goals
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Grant intermediary. The nonprofit sent 71% of its reported program spending out as grants.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 22
- Transparency & Controls: 82
- Sustainability: 10
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 58.5%; rating input score 59
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 0; rating input score 13; 13th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 51; 51st percentile among comparable filings
Growth
- Program expense growth: -90.5% per year; rating input score 0; 10th percentile among comparable filings
- Revenue growth: -39.7% per year; rating input score 0; 23rd percentile among comparable filings
- Asset growth: -68.5% per year; rating input score 0; 9th percentile among comparable filings
Details
- Where the money goes: 58.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $5K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 3 of 3 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2021 to 2023
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Program expense ratio scored 59/100.
- High — Sustainability: Total-asset coverage ratio scored 13/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 51/100.