2019-10-31T15:14:44-05:00 2018-12-31 320530003 QUIGLEY & MIRON 3550 WILSHIRE BLVD 1660 LOS ANGELES CA 90010 990 2018-01-01 473240638 OPEN UP RESOURCES OPEN 2066051106 1600 EL CAMINO REAL NO 155 MENLO PARK CA 94025 JESSICA SLIWERSKI CHIEF EXECUTIVE OFFICER 2066051106 2019-10-31 ARMEN GRIGORIAN P01582463 2136393550 99.88.83.161 2019-10-31 13:14:33 PD P C1988052032BF7E796496D37049D37B62C620639 C1988052032BF7E796496D37049D37B62C620639 2018 2019-02-21 02:37:17Z JESSICA SLIWERSKI 1600 EL CAMINO REAL SUITE 155 MENLO PARK CA 94025 39023613 0 X OPENUPRESOURCES.ORG X 2015 CA TO INCREASE EQUITY IN EDUCATION BY MAKING EXCELLENT CURRICULA FREELY AVAILABLE TO DISTRICTS. 6 6 40 6 0 0 2280492 1137000 525677 5334556 199 30 2240537 8563585 5046905 15035171 0 0 0 0 2811058 4646092 0 0 32642 3682893 8241962 6493951 12888054 -1447046 2147117 4922462 12016119 2185468 7132008 2736994 4884111 X THE MISSION OF OPEN UP RESOURCES (OUR) IS TO INCREASE EQUITY IN EDUCATION BY MAKING EXCELLENT CURRICULA FREELY AVAILABLE TO DISTRICTS. 0 0 9066804 13891753 IN 2018, OUR IMPACTED NEARLY 500,000 CHILDREN. A YEAR AGO, IT WAS 54,000 CHILDREN. OUR IS EXPERIENCING RAPID GROWTH IN REVENUE, FROM APPROXIMATELY $6 MILLION IN 2017 TO ALMOST $40 MILLION IN 2018, AND IN PRODUCT PORTFOLIO, MOVING FROM TWO CURRICULUM OFFERINGS IN 2017 TO THREE IN 2018; THE ADDITION OF HIGH SCHOOL MATH ADDS A FOURTH CURRICULA BEING OFFERED TO DISTRICTS IN SUMMER, 2019. OUR HAS QUICKLY ESTABLISHED ITSELF AS A MARKET LEADER, AND THE BEST MEASURE OF THAT LEADERSHIP IS THE NUMBER OF DOORS THAT ARE OPENING FOR THE ORGANIZATION, WITH NEW CURRICULUM PROVIDERS SEEKING PARTNERSHIP WITH OUR, HOPING TO LEVERAGE ITS STRONG BRAND AND SALES/MARKETING EXECUTION.OUR WILL CONTINUE TO WORK WITH CURRICULUM PARTNERS AND SCALE TO SUPPORT MORE DISTRICTS. AS THEY LOOK TO BRING ON NEW CURRICULUM AUTHORING PARTNERS, THE PARTNERS MUST BE:- MISSION-ALIGNED- CAPABLE OF AUTHORING BEST-IN-CLASS CONTENT- OPEN TO ROBUST QUALITY ASSURANCE BY OUR IN THE REFINEMENT OF CONTENT- COMFORTABLE WITH AN OPEN EDUCATION RESOURCES (OER) MODEL- SATISFIED WITH A ROYALTY ON GROSS REVENUES MODEL THAT IS MORE GENEROUS THAN TRADITIONAL PUBLISHING, AND BALANCED IN THEIR APPROACH TO THE DISTRIBUTION LANDSCAPE AND EXCLUSIVITYAS THEY SCALE, OUR BELIEVES IT MUST HAVE A GROWING BENCH OF HIGH-QUALITY PROFESSIONAL LEARNING PROVIDERS, OFFERING A DIVERSE RANGE OF SERVICES. THEY ROUTINELY VET THESE PROVIDERS TO CONTINUALLY ENSURE THAT THEY ARE EXCELLENT AND EFFECTIVE.OUR IS CREATING STRONG USER COMMUNITIES TO FOSTER SUPPORT AND COLLABORATION AMONGST EDUCATORS. THE GOAL OF THEIR COMMUNITY WORK IS TO FOSTER EDUCATOR SUCCESS WITH OUR MATERIALS, IN HOPES THAT THIS SUPPORTS THE TRACTION OF THE CURRICULUM. THEY ARE SEEING INSPIRING THINGS HAPPENING WITH THE COMMUNITY WORK TO DATE AS TEACHERS SHARE RESOURCES, GET PEER-TO-PEER SUPPORT, AND RALLY AROUND EACH OTHER TO SUCCESSFULLY LIFT THE GRADE 6-8 MATH CURRICULUM.MAJOR SALES ACCOMPLISHMENTS IN 2018 INCLUDE ADOPTIONS IN THREE MAJOR DISTRICTS WHO HAD PURCHASED TRADITIONAL PUBLISHERS' PROGRAMS IN THE PAST. THESE THREE DISTRICTS ACCOUNTED FOR $11.6 MILLION IN GROSS REVENUE. SHELBY COUNTY, TENNESSEE ($7.8 MILLION), DETROIT, MICHIGAN ($2.7 MILLION) AND WAKE COUNTY, NORTH CAROLINA ($1.1 MILLION). A PORTION OF THAT REVENUE IS THE CONSUMABLE STUDENT WORKBOOKS AND WILL RENEW IN 2019.DURING THE YEAR ENDED DECEMBER 31, 2018, PRODUCT LINE ACTIVITY FOR OUR'S MATH AND ELA PROGRAMS WAS AS FOLLOWS: MATH PRODUCT LINE ELA PRODUCT LINENUMBER OF DISTRICTS SERVED* 1,001 366ESTIMATED # OF STUDENTS SERVED 304,493 200,541ESTIMATED # OF TEACHERS SERVED 9,469 8,333*THIS INCLUDES THE NUMBER OF CHARTER SCHOOLS, CHARTER SCHOOL MANAGEMENT COMPANIES AND INDIVIDUAL SCHOOL BUILDINGS SERVED IN ADDITION TO PUBLIC SCHOOL DISTRICT SYSTEMS. 9066804 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 40 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 CA X FASS 4085138703 3180 NEWBURY DRIVE SAN JOSE CA 85118 JIM BILDNER EXEC & FINANCE COMMITTEE CHAIR 2.00 X X 0 0 0 JUDY WURTZEL AUDIT & GOVERNANCE COMMITTEE CHAIR 2.00 X 0 0 0 PHILIP DARO BOARD MEMBER 2.00 X 0 0 0 CAROL DIXON-WOOLFOLK BOARD MEMBER 2.00 X 0 0 0 MARK ATKINSON BOARD MEMBER 2.00 X 0 0 0 SCOTT ELLIS CHAIRMAN 2.00 X X 0 0 0 EMILY SCHU CHIEF PRODUCT OFFICER 50.00 X 168422 0 7877 JESSICA SLIWERSKI CHIEF EXECUTIVE OFFICER 50.00 X 297208 0 21714 DR TAMMY BAUMANN CHIEF ACADEMIC OFFICER 50.00 X 118722 0 22850 ABBY LYNNE JOHNSON MANAGING DIRECTOR OF FIELD TEAMS 50.00 X 120158 0 8814 DANIEL MORRISON MANAGING DIRECTOR OF FINANCE 50.00 X 106896 0 2895 811406 0 64150 5 0 1 0 LSC COMMUNICATIONS PO BOX 842291 BOSTON MA 022842291 PRINTING 7664199 ILLUSTRATIVE MATHEMATICS PO BOX 69822 ORO VALLEY AZ 857370022 PROFESSIONAL DEVELOPMENT 1936662 CLASSROOM LIBRARY CO 3901 UNION BLVD STE 155 ST LOUIS MO 63115 PRINTING 1441428 BETTERLESSON INC 86A SHERMAN STREET CAMBRIDGE MA 02140 PROFESSIONAL DEVELOPMENT 703831 STANFORD UNIVERSITY 1705 EL CAMINO REAL PALO ALTO CA 94306 CONSULTING 375000 10 1137000 1137000 EDUCATOR TRAINING 611710 5334556 5334556 5334556 30 30 32545639 23988442 8557197 8557197 OTHER INCOME 900099 6388 6388 6388 15035171 13891753 0 6418 X 875606 563161 305991 6454 2980364 1916871 1041525 21968 83942 54549 28811 582 422904 293375 128035 1494 283276 187238 94044 1994 31169 31169 2627062 1463269 1163793 115786 76162 39624 96209 37769 58290 150 89895 89895 41811 15000 26811 482372 199065 283307 148005 11250 136755 88844 88844 8076 6276 1800 TRAINING COSTS 4241777 4241777 MATERIALS AND SUPPLIES 108356 1042 107314 PAYROLL PROCESSING 87325 87325 PROVISION FOR BAD DEBTS 50000 50000 25275 25275 12888054 9066804 3788608 32642 699550 5942728 50347 50377 816666 2808697 4646914 511437 1321767 35765 54333 4922462 12016119 2185468 4304399 827609 2000000 2185468 7132008 X 1404045 4884111 1332949 0 2736994 4884111 4922462 12016119 2147117 0 X X 0 1 X 0 0 X 8079926 2280492 1137000 11497418 8079926 2280492 1137000 11497418 8651890 2845528 199 30 229 2215 6388 8603 11506250 16655085 X 0 X 10793394 0 10793394 4241777 4241777 15035171 8646277 0 8646277 4241777 4241777 12888054 PART X, LINE 2: ACCOUNTING STANDARDS REQUIRE AN ORGANIZATION TO EVALUATE ITS TAX POSITIONS AND PROVIDE FOR A LIABILITY FOR ANY POSITIONS THAT WOULD NOT BE CONSIDERED 'MORE LIKELY THAN NOT' TO BE UPHELD UNDER A TAX AUTHORITY EXAMINATION. MANAGEMENT HAS EVALUATED ITS TAX POSITIONS AND HAS CONCLUDED THAT A PROVISION FOR A TAX LIABILITY IS NOT NECESSARY AT DECEMBER 31, 2018. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF TRAINING FEES 4,241,777. PART XII, LINE 4B - OTHER ADJUSTMENTS: COST OF TRAINING FEES 4,241,777. X 0 0 0 0 0 0 0 0 0 EMILY SCHU CHIEF PRODUCT OFFICER 168422 0 0 0 0 0 0 0 7877 0 176299 0 0 0 JESSICA SLIWERSKI CHIEF EXECUTIVE OFFICER 297208 0 0 0 0 0 0 0 21714 0 318922 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CHIEF EXECUTIVE OFFICER. A COPY OF THE FINAL FORM 990 IS FURNISHED TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION WILL REGULARLY REQUEST BOARD MEMBERS TO DISCLOSE FINANCIAL AND OTHER RELATIONSHIPS THAT COULD POTENTIALLY RESULT IN A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE CEO IS REVIEWED AND APPROVED BY INDEPENDENT MEMBERS OF THE BOARD, AFTER A REVIEW OF COMPARABILITY DATA. THE REVIEW PROCESS IS DOCUMENTED ON A CONTEMPORANEOUS BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 WILL BE MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 1,463,269. MANAGEMENT AND GENERAL EXPENSES 1,163,793. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,627,062. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S BOARD OF DIRECTORS HAS RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF THE INDEPENDENT AUDITOR. THIS RESPONSIBILITY IS UNCHANGED FROM THE PRIOR YEAR.