Open Net Foundation
Open Net Foundation reports no revenue or assets, indicating inactivity or recent formation.
EIN: 201472003 · Hockessin, DE · NTEE: O51 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| CEO/Top Officer Pay | $0 |
| Transparency Score | 20/100 |
Is Open Net Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Open Net Foundation
Open Net Foundation (EIN: 201472003) is a nonprofit organization based in Hockessin, DE, classified under NTEE code O51. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Open Net Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
IRS Tax-Exempt Classification
| IRS Classification Codes | 1250 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Open Net Foundation with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Open Net Foundation allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
With $0 in revenue and assets, there is no executive compensation reported or to analyze relative to the organization's size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Open Net Foundation's IRS 990 filings:
- No reported revenue or assets, suggesting inactivity or lack of operations.
Strengths
The following positive indicators were identified for Open Net Foundation:
- Basic organizational information is publicly available through IRS filings.
Frequently Asked Questions about Open Net Foundation
Is Open Net Foundation a legitimate charity?
Open Net Foundation (EIN: 201472003) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 20/100. 1 red flag identified. 1 strength noted. Financial health grade: D.
How does Open Net Foundation spend its money?
Open Net Foundation reported its financials in IRS 990 filings. Review the full spending breakdown on NonprofitSpending.
Are donations to Open Net Foundation tax-deductible?
Open Net Foundation is registered as a tax-exempt nonprofit (EIN: 201472003). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Open Net Foundation CEO make?
Open Net Foundation's highest-compensated officer earns $0 annually. Executive compensation data is disclosed in IRS 990 filings.
How does Open Net Foundation compare to similar nonprofits?
With a transparency score of 20/100 (Poor), Open Net Foundation is below average for NTEE category O51 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Open Net Foundation located?
Open Net Foundation is headquartered in Hockessin, Delaware and files with the IRS under EIN 201472003. It is classified under NTEE code O51.
Is Open Net Foundation a good charity?
Based on the latest IRS 990 data showing $0 in revenue and assets, there is no financial activity to evaluate its effectiveness as a charity. It appears to be inactive or very newly established.
What are Open Net Foundation's primary programs?
The IRS 990 data does not provide details on program activities, as there are no reported expenses or revenue to support any programs.
Data Sources and Methodology
This transparency report for Open Net Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.