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Nonprofit · EIN 85-3031352

CRYPTO OPEN PATENT ALLIANCE

Tax-exempt · PALO ALTO, CA 94301

Financials

$7.8M$128K2024
Revenue Expenses · by fiscal year end
Financials of CRYPTO OPEN PATENT ALLIANCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$7,830,791$128,190$7,702,601$4,492,299$314,966$4,177,333
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$245,000
Membership dues
$225,000
Program service revenue
$7,321,518
Investment income
$264,273
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,600

Balance sheet and other

Total assets, start of year
$382,250
Total assets, end of year
$4,492,299
Total liabilities, end of year
$314,966
Net assets, end of year
$4,177,333
Net assets without donor restrictions
$4,177,333
Gross receipts
$7,830,791
Employees
0
Volunteers
7
Year formed
2020
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
KAMRAN JIVANICHAIR - EFF. 04/24
Trustee or director, Officer
1$0
Gilbert WongDIRECTOR - TERM. 04/24
Trustee or director, Officer
1$0
Ariana WoodsSECRETARY - EFF. 04/24
Trustee or director, Officer
1$0
Steve LeeDIRECTOR - EFF. 04/24
Trustee or director
1$0
Dan RobinsonDIRECTOR - EFF. 04/24
Trustee or director
1$0
Shayne O'ReillyDIRECTOR - TERM. 04/24
Trustee or director
1$0
DENISE TERRYTREASURER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
550 HIGH STREET, PALO ALTO, CA 94301-1695
In care of
% THE ORGANIZATION
Principal officer (990 for 2024)
KAMRAN JIVANI, 550 HIGH STREET, PALO ALTO, CA 94301
Signed the 990
KAMRAN JIVANI, CHAIR
Phone
(650) 213-0303
Return prepared by
WITHUMSMITHBROWN PC

Mission

THE CRYPTO OPEN PATENT ALLIANCE (COPA) IS A NON-PROFIT COMMUNITY OF LIKE-MINDED PEOPLE AND COMPANIES FORMED TO ENCOURAGE THE ADOPTION AND ADVANCEMENT OF CRYPTO TECHNOLOGIES AND TO REMOVE PATENTS AS A BARRIER TO GROWTH AND INNOVATION. COPA ACKNOWLEDGES THAT CRYPTO TECHNOLOGY IS BUILT ON THE COLLABORATIVE EFFORTS OF A COMMUNITY MADE UP OF DEVELOPERS, ENGINEERS, AND DESIGNERS. THE SUCCESS OF CRYPTO IS A DIRECT RESULT OF THE COMMUNITY COMING TOGETHER TO BUILD AND DEVELOP UPON EXISTING TECHNOLOGIES FOR THE BENEFIT OF ALL, AND WE BELIEVE COPA WILL HELP THIS HAPPEN.

990 for the year ended December 31, 2024

Program accomplishments

  • ANYONE CAN JOIN AND BENEFIT FROM COPA, REGARDLESS OF WHETHER THEY HAVE PATENTS OR NOT. THERE IS NO BARRIER TO ENTRY - MEMBERS CAN BE INDIVIDUALS, START-UPS, SMALL COMPANIES, OR LARGE CORPORATIONS. COPA MEMBERS PLEDGE NEVER TO USE THEIR CRYPTO-TECHNOLOGY PATENTS AGAINST ANYONE, EXCEPT FOR DEFENSIVE REASONS, EFFECTIVELY MAKING THEIR PATENTS FREELY AVAILABLE FOR ALL TO USE. MEMBERS POOL ALL OF THEIR CRYPTO-TECHNOLOGY PATENTS TOGETHER TO FORM A SHARED PATENT LIBRARY. THIS COLLECTIVE SHIELD OF PATENTS PROVIDES MEMBERS ACCESS TO EACH OTHERS' PATENTS TO DETER AND DEFEND AGAINST PATENT AGGRESSORS, THEREBY EMPOWERING EVERY MEMBER, REGARDLESS OF WHETHER THEY INDIVIDUALLY OWN PATENTS OR NOT, WITH TOOLS AND LEVERAGE TO DEFEND THEMSELVES AGAINST PATENT AGGRESSORS.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
85-3031352
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,492,299
Income (IRS master file)
$7,830,791

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$2,340,000$4,330,394$382,250IRS
990December 2022$995,000$2,221,441$678,681IRS
990December 2021–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about CRYPTO OPEN PATENT ALLIANCE

What is the EIN of CRYPTO OPEN PATENT ALLIANCE?
The employer identification number (EIN) of CRYPTO OPEN PATENT ALLIANCE is 85-3031352.
Is CRYPTO OPEN PATENT ALLIANCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2021.
Are donations to CRYPTO OPEN PATENT ALLIANCE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CRYPTO OPEN PATENT ALLIANCE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CRYPTO OPEN PATENT ALLIANCE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CRYPTO OPEN PATENT ALLIANCE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CRYPTO OPEN PATENT ALLIANCE?
The 990 for the year ended December 31, 2024 names KAMRAN JIVANI.
Who are the officers and directors of CRYPTO OPEN PATENT ALLIANCE?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does CRYPTO OPEN PATENT ALLIANCE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $7,830,791, expenses of $128,190 and total assets of $4,492,299 at year end.

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