Open Sats Initiative Inc
TO FUND BITCOIN-RELATED FREE AND OPEN-SOURCE PROJECTS AND ASSOCIATED EDUCATION AND RESEARCH INITIATIVES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$51.3M
+268.3% YoY
Revenue
$28.8M
+154.4% YoY
Net Investment Income
$4.5M
Expenses
$9.9M
+148.9% YoY
About Open Sats Initiative Inc
Based on IRS filings
Open Sats Initiative Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in PUNTA GORDA, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $51.3M in total assets. Net investment income was $4.5M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $51,258,946 | $13,919,479 | $1,375,133 |
| Revenue | $28,836,331 | $11,337,061 | $1,793,905 |
| Expenses | $9,885,182 | $3,972,066 | $282,375 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $4,544,077 | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Open Grants
4 open opportunities from Open Sats Initiative Inc
Bitcoin Grants Program
OPEN SATS INITIATIVE INC
Amount
Varies
Deadline
Rolling / Open
Education Grants Program
OPEN SATS INITIATIVE INC
Amount
Varies
Deadline
Rolling / Open
Long-Term Support (LTS) Program
OPEN SATS INITIATIVE INC
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| IB CYPHERUST LLC | DIRECTOR | 2 | — |
| FREEDOM TECH LLC | DIRECTOR | 2 | — |
| BIGREBASE LLC | DIRECTOR | 2 | — |
| NECESSARY TROUBLE LLC | DIRECTOR | 2 | — |
| FULL DISCLOSURE LLC | DIRECTOR | 2 | — |
| STAY HUMBLE LLC | DIRECTOR | 2 | — |
| ORANGE COIN GOOD LLC | DIRECTOR | 2 | — |
| X0F CORP | DIRECTOR | 2 | — |
| INNOCUOUS WIDGETS LLC | DIRECTOR | 2 | — |
| BENJAMIN PRICE | OFFICER | 10 | — |
| CHRONOLOGY UNIPESSOAL LDA | OFFICER | 40 | $223,286 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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