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Open Sats Initiative
Open Sats Initiative reported $28.8 million in revenue and $9.9 million in expenses for calendar year 2024. Of every $100 it spent, $94.72 went to program services, $5.28 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 84.2% of the total. The highest compensation it reported for one person was $223,286 (OFFICER). 1 person received more than $100,000 in reportable compensation. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $9.9MFor context, the median across 479 covered community improvement & capacity building charities: $90.45 programs, $9.31 management, $0.24 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $29MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 94.7% | 89.1% |
| Management & general Part IX 25(C) ÷ 25(A) | 5.3% | 9.2% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 84.2% | 80.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 14.9% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 11.9% |
| Highest reported compensation Part VII-A, columns D–F | $223,286 | $291,103 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.26% | 1.49% |
| People paid over $100,000 Part VII, line 2 | 1 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 62.2 | 9.2 |
| Independent voting board members Part VI 1a–1b | 9 of 9 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseHighest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here1 people received more than $100,000 in reportable compensation from Open Sats Initiative (Part VII, line 2).
3 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b9 · 9 independent
- Audited financial statements Part XII 2bNo
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 50
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| CHRONOLOGY UNIPESSOAL LDA Consulting services | $223,286 |
Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.
Private foundation grants it received
1 private foundation reported grants to Open Sats Initiative totaling $152 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Open Sats Initiative's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Open Sats Initiative, you can publish a response that is linked from this page.
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Of every $100 Open Sats Initiative spent in 2024, $94.72 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Open Sats Initiative's spending goes to programs?
In calendar year 2024, Open Sats Initiative reported that 94.7% of its $9.9 million in expenses went to program services, 5.3% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Open Sats Initiative pay its top executive?
The largest total compensation Open Sats Initiative reported for one person in calendar year 2024 was $223,286, for the role of OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Open Sats Initiative get its money?
Of $28.8 million in revenue in calendar year 2024, 84.2% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is Open Sats Initiative a registered charity?
The IRS lists EIN 85-2722249 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202533219349314043 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202413209349328861 · read the filing
- 2022: Form 990 for calendar year 2022, object 202323199349330022 · read the filing
All filings for EIN 85-2722249: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.