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Open Startup International Corp

EIN 85-2642709 · Brooklyn, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair55 out of 100GovernanceGood80 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

OPEN STARTUP INTERNATIONAL CORPORATION IS A NON-PROFIT ORGANIZATION THAT FOSTERS INNOVATION AND CAPACITY BUILDING THROUGH ENTREPRENEURSHIP, EDUCATION, AND CROSS-CULTURAL EXCHANGE, CREATING COMMUNITIES AND CONNECTING ECOSYSTEMS ACROSS THE MIDDLE EAST AND AFRICA. OPEN STARTUP WORKS TOWARD LEVERAGING NETWORKS AND EMPOWERING ENTREPRENEURS BY PROVIDING THEM WITH WORLD-CLASS OPPORTUNITIES, PRGRAMS AND RESOURCES.

Income
$1.8 million
Spending
$1.6 million
Spent on programs
73%
Reserves
2.6 months of spending
Largest source of income
government grants, 92%
Employees
0
Highest pay
$29,632, cfo

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

Fair: 55 out of 100. Higher than 18% of charities in its peer group (international, $1m to $10m).

  • Reserves

    10 of 35

    Spendable reserves would cover 2.6 months of spending.

  • Debt

    5 of 20

    It owes 65% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 11% of income.

  • Income trend

    10 of 15

    Income fell 2% on the year before.

  • Spending floor

    15 of 15

    73% of spending went to programs and raising each dollar of donations cost 10 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 80 out of 100. Higher than 33% of charities in its peer group (international, $1m to $10m).

  • Independent board

    5 of 25

    0 of 7 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports 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 (3)
  1. $475,033 spent. BRAIN PROGRAM - DELIVERED A PAN-AFRICAN DEEPTECH ACCELERATOR PROGRAM SUPPORTING STARTUPS DEVELOPING ADVANCED TECHNOLOGY SOLUTIONS IN SECTORS SUCH AS ARTIFICIAL INTELLIGENCE, CLIMATE TECHNOLOGY, HEALTH TECHNOLOGY, AND DIGITAL INNOVATION. PROVIDED INTENSIVE MENTORSHIP, TECHNICAL AND BUSINESS SUPPORT, INVESTOR EXPOSURE, PARTNERSHIP OPPORTUNITIES, AND CAPACITY BUILDING ACTIVITIES TO HELP FOUNDERS SCALE INNOVATIVE TECHNOLOGY-DRIVEN VENTURES ACROSS AFRICAN MARKETS.
  2. $250,791 spent. OPEN START-UP PROGRAM OPERATED A SEED-STAGE PRE-INCUBATION PROGRAM SUPPORTING EARLY STAGE ENTREPRENEURS ACROSS AFRICA THROUGH STARTUP VALIDATION, ENTREPRENEURIAL TRAINING, MENTORSHIP, AND ECOSYSTEM ENGAGEMENT ACTIVITIES. OPEN START-UP ASSISTED FOUNDERS IN REFINING BUSINESS IDEAS, DEVELOPING INITIAL BUSINESS MODELS, STRENGTHENING ENTREPRENEURIAL SKILL, AND PREPARING VENTURES FOR ACCELERATION AND INVESTMENT OPPORTUNITIES.
  3. $239,481 spent. GROW PROGRAM IMPLEMENTED AN INVESTMENT READINESS PROGRAM DESIGNED TO PREPARE STARTUPS FOR FUNDRAISING AND INVESTOR ENGAGEMENT. SUPPORTED ENTREPRENEURS THROUGH FINANCIAL MODELING, PITCH PREPARATION, GOVERNANCE STRENGTHENING, BUSINESS STRATEGY DEVELOPMENT, AND MENTORSHIP ACTIVITIES AIMED AT IMPROVING STARTUPS' READINESS TO ACCESS GRANTS, INVESTMENT CAPITAL, AND STRATEGIC PARTNERSHIPS.

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

  1. 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 September 7, 2026.

  2. 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 September 30, 2026.

  3. 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 September 10, 2026.

  4. 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 September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since February 2022.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. 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 October 7, 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.