YC ORG: Form 990EZ, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
YC ORG (EIN 47-3772053)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-11-15
IRS object ID
201933199349208678
Schema version
2018v3.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2019-11-15T17:31:52-08:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN371420474PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Fontanello Duffield & Otake LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line144 Montgomery Street Suite 1305AddressLine1Txt
CitySan FranciscoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94104ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN473772053EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1YC ORGBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlYCORBusinessNameControlTxt
Phone6503876701PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1335 Pioneer WayAddressLine1Txt
CityMountain ViewCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94041ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonChris ClarkPersonNm
Person TitleTreasurerPersonTitleTxt
Signature2019-11-15SignatureDt
Discuss With Paid PreparerfalseDiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMichael FontanelloPreparerPersonNm
PTINP01471027PTIN
Phone4159830200PhoneNum
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-04-17 16:48:07ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Website AddressN/AWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Cost Or Other Basis Expense Sale$0CostOrOtherBasisExpenseSaleAmt
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Special Events Direct Expenses$0SpecialEventsDirectExpensesAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt
Total Revenue$0TotalRevenueAmt
Fees And Other Pymt To Ind Cntrct$3,925FeesAndOtherPymtToIndCntrctAmt
Other Expenses Total$6,192OtherExpensesTotalAmt
Total Expenses$10,117TotalExpensesAmt
Excess Or Deficit For Year-$10,117ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$46,699NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$36,582NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$11,331BOYAmt
EOY$589EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$35,993BOYAmt
EOY$35,993EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$47,324BOYAmt
EOY$36,582EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$625BOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$46,699BOYAmt
EOY$36,582EOYAmt
FieldValueIRS element (for citing)
Primary Exempt PurposeYC ORG is a non-profit corporation organized and operated exclusively for charitable purposes. The specific purpose of this organization is to support other charitable organizations conducting charitable activities. YC ORG furthers its purpose by making grants to other 501(c)(3) initiatives and activities that are trying to solve the worlds problems. The overall goal is to further scientific research that will ultimately be made freely available to the public.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomYC ORG continued facilitating the success of a number of charitable projects and organizations in 2018. Fewer grants were made in 2018 so YC ORG could focus on reviewing the progress of the projects it supported in prior years, including Watsi, Y Combinator Research (Basic Income study, Research Fellows, Dynamicland), OpenAI (Artificial Intelligence Research), and Watsi (Infrastructure for Universal Healthcare Access). All supported projects/organizations provide YC ORG with periodic updates and accounting of the use of their grants.DescriptionProgramSrvcAccomTxt
Grants And Allocations$699GrantsAndAllocationsAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$699TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (7 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Sam Altman
CEO2.00$0
Kate Courteau
Dir/Secretary2.00$0
Kirsty Nathoo
Director2.00$0
Grace Garey
Director2.00$0
Walker Williams
Director2.00$0
Dan Siroker
Director2.00$0
Chris Clark
Treasurer4.00$0
FieldValueIRS element (for citing)
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not RptfalseChgMadeToOrgnzngDocNotRptInd
Organization Had UBIfalseOrganizationHadUBIInd
Organization Filed990 TfalseOrganizationFiled990TInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Form1120 Pol FiledfalseForm1120PolFiledInd
Made Loans To From OfficersfalseMadeLoansToFromOfficersInd
Initiation Fees And Cap Contri$0InitiationFeesAndCapContriAmt
Gross Receipts For Public Use$0GrossReceiptsForPublicUseAmt
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonChris ClarkPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1335 Pioneer WayAddressLine1Txt
CityMountain ViewCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94041ZIPCd
FieldValueIRS element (for citing)
Phone6503876701PhoneNum
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccountInd
Foreign OfficefalseForeignOfficeInd
Donor Advised FndsfalseDonorAdvisedFndsInd
Operate HospitalfalseOperateHospitalInd
Tanning Services ProvidedfalseTanningServicesProvidedInd
Form720 FiledfalseForm720FiledInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
School OperatingfalseSchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Related Org Sect527 OrgfalseRelatedOrgSect527OrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (true)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$16,563,493CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$16,103,500CurrentTaxYearMinus1YearAmt
Total$32,666,993TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$16,563,493CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$16,103,500CurrentTaxYearMinus1YearAmt
Total$32,666,993TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$10,193,320SubstantialContributorsTotAmt
Public Support Total170$22,473,673PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$32,666,993TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind
Public Support CY1700.00000PublicSupportCY170Pct

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Other Expenses.1Filing Fees $2970
Other Expenses.2Bookkeeping $2433
Other Expenses.3Other Expenses $699
Other Expenses.4Bank Fees $90
Other Assets.1Collectible- Prototype Self-Driving Auto - Beginning $35993 Collectible- Prototype Self-Driving Auto - Ending $35993
Total Liabilities.1001Accounts Payable and Accrued Expenses - Beginning $625 Accounts Payable and Accrued Expenses - Ending $0

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.