Opencollective Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE FOUNDATION'S MISSION IS TO PROMOTE 1) CHARITABLE PROJECTS AIMED AT INCREASING ACCESS TO EDUCATIONAL RESOURCES AND TRAINING 2) CHARITABLE PROJECTS AIMED AT CREATING A POSITIVE SOCIAL IMPACT AND 3) CHARITABLE PROJECTS AIMED AT DEVELOPING TOOLS TO IMPROVE CIVIC PARTICIPATION.
- Income
- $1,126
- Spending
- $256,593
- Spent on programs
- 100%
- Reserves
- 26 months of spending
- Largest source of income
- investment income, 100%
- Employees
- 1
- Volunteers
- 2
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 70 out of 100. Higher than 35% of charities in its peer group (philanthropy, under $250k).
Reserves
35 of 35Spendable reserves would cover 26.0 months of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
0 of 15Spending exceeded income by 22688% of income.
Income trend
0 of 15Income fell 100% on the year before.
Spending floor
15 of 15100% of spending went to programs.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 60 out of 100. Higher than 45% of charities in its peer group (philanthropy, under $250k).
Independent board
0 of 252 of 2 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $256,593 spent. THE DECISION TO WIND UP WAS MADE TO BEST ADVANCE THE ORGANIZATION'S EXEMPT PURPOSES WITH ITS REMAINING ASSETS BASED ON THE LOSS OF LEADERSHIP AND THE DECLINING ABILITY OF THE ORGANIZATION TO OPERATE ITS CHARITABLE FISCAL SPONSORSHIP PROGRAM IN A REASONABLY VIABLE MANNER. THE BOARD DETERMINED THAT THE REMAINING UNRESTRICTED ASSETS WOULD BEST BE UTILIZED BY ANOTHER PUBLIC CHARITY WITH GREATER RESOURCES TO MAXIMIZE THE IMPACT OF THOSE REMAINING ASSETS. DUE DILIGENCE AND DISCUSSIONS BEGAN WITH SUCH OTHER CHARITY, WHICH WAS IDENTIFIED AS THE TARGETED RECIPIENT OF REMAINING ASSETS AFTER THE ORGANIZATION'S DEBTS AND LIABILITIES HAD ALL BEEN PAID, CONTINGENT ON THE OAG'S WAIVER OF OBJECTIONS TO THIS DISSOLUTION PLAN. THE ORGANIZATION UNDERTOOK AN ORDERLY WIND DOWN WHILE WAITING FOR THE OAG WAIVER, WHICH HAD NOT YET BEEN RECEIVED IN THE REPORTING YEAR. FINAL DUE DILIGENCE AND NEGOTIATIONS WITH THE TARGETED RECIPIENT CHARITY WILL TAKE PLACE AFTER RECEIPT OF THE OAG WAIVER.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 2017.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.