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EIN 47-2041883

Fintech Open Source Foundation

IRS 501(c) type
501(c)(6)
Num. employees
7
City
San Francisco
State
California
Year formed
2014
Most recent tax filings
2020-12-01
NTEE code, primary
S40: Business and Industry
Notice
This nonprofit is terminated or no longer active
Fintech Open Source Foundation may be no longer active or terminated. Either the organization hasn't filed a Form 990 in many years and appears to no longer be active, or they marked in their most recent Form 990 that they have closed down.
Description
The Fintech Open Source Foundation facilitates open source adoption to deliver software and standards that address common industry challenges and drive innovation. Its mission is to provide an independent setting for the growth of the financial services industry, where open source adoption is essential. In 2020, the foundation achieved several notable achievements, including breaking its previous record by 40% in monthly commits and attracting significant contributions from large investment banks.
Total revenues
$1,325,890
2020
Total expenses
$1,325,890
2020
Total assets
$0
2020
Num. employees
7
2020

Program areas at Fintech Open Source Foundation

2020 was a very successful year for finos and its community with several notable achievements. In october 2020, finos recorded a record number monthly commits breaking its previous record by 40%. Large investment banks made significant contributions to finos, several for the first time, indicating a significant increase in the acceptance of Open Source and Open standards as key tools for collaboration in the financial services industry. The Foundation launched special interest groups (sigs) as another form of collaboration including a sig focused on engaging regulators, ensuring that we have the full ecosystem involved as we drive innovation in financial services.

Personnel at Fintech Open Source Foundation

NameTitleCompensation
Tosha EllisonChief Operating Officer$255,000
Edwin Oh/ Chief Financial Officer$35,745
Gabriele ColumbroExecutive Director$498,000

Financials for Fintech Open Source Foundation

RevenuesFYE 12/2020
Total grants, contributions, etc.$1,325,890
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,325,890

Form 990s for Fintech Open Source Foundation

Fiscal year endingDate received by IRSFormPDF link
2020-122022-04-27990View PDF
2019-122021-08-17990OView PDF
2018-122020-06-19990OView PDF

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WaterStartLas Vegas, NV$368,063
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DigAlertCorona, CA$6,404,291
Medical AlleyGolden Valley, MN$3,073,368
Business Applications Performance Corporation (BAPCO)Austin, TX$607,047
Silicon Integration Initiative (SI2)Austin, TX$3,149,053
The Fintech SandboxBoston, MA$1,220,558
Data update history
May 11, 2023
Updated personnel
Identified 18 new personnel
February 4, 2023
Used new vendors
Identified 1 new vendor, including
March 1, 2022
Posted financials
Added Form 990 for fiscal year 2019
September 25, 2020
Posted financials
Added Form 990 for fiscal year 2018
Nonprofit Types
Business and community development organizationsResearch centers
Issues
Science and technologyBusiness and industry
Characteristics
MembershipsConducts researchTerminated
General information
Address
548 Market St PMB 57274
San Francisco, CA 94104
Metro area
San Francisco-Oakland-Berkeley, CA
County
San Francisco County, CA
Website URL
finos.org/ 
Phone
(650) 665-9773
IRS details
EIN
47-2041883
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2014
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S40: Business and Industry
NAICS code, primary
5112: Software Publishers
Parent/child status
Independent
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