OPENFABRICS INC (EIN 202146416) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

JIM ZEMLIN

Phone

4157239709

Tax Period

2022-01-01 to 2022-12-31

OPENFABRICS INC, founded in 2004, is a small nonprofit in the Community Improvement sector that reported $140K in total revenue in fiscal year 2022. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

TO ACCELERATE THE DEVELOPMENT AND ADOPTION OF ADVANCED FABRICS FOR THE BENEFIT OF THE ADVANCED NETWORKS ECOSYSTEM, WHICH IS ACCOMPLISHED BY: CREATING OPPORTUNTIES FOR COLLABORATION AMONG THOSE WHO DEVELOP AND DEPLOY SUCH FABRICS, INCUBATING AND EVOLVING VENDOR INDEPENDENT OPEN SOURCE SOFTWARE FOR FABRICS, AND SUPPORTING AND PROMOTING THE USE OF SUCH FABRIC TECHNOLOGY SOFTWARE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $140,125

Investment Income $0

Other Revenue $0

TOTAL REVENUE $140,125

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $152,381

TOTAL EXPENSES $152,381

Year-over-Year Comparison

	2022	2021	Change
Revenue	$140,125	$126,666	+0.1%
Expenses	$152,381	$170,384	-0.1%
Net Income	$-12,256	$-43,718	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT J WOODRUFF	DIRECTOR	1.00	Director	$0	$0	$0
TATYANA NIKOLOVA	DIRECTOR	1.00	Director	$0	$0	$0
SEAN HEFTY	DIRECTOR	1.00	Director	$0	$0	$0
JOHN BYRNE	TREASURER	1.00	Officer Director	$0	$0	$0
MICHAEL AGUILAR	SECRETARY	1.00	Officer Director	$0	$0	$0
DOUG LEDFORD	CHAIR	1.00	Officer Director	$0	$0	$0
PHIL CAYTON	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JIM ZEMLIN	EXECUTIVE DIRECTOR	1.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2022	$140,125	$152,381	$177,121	$-12,256
2021	$126,666	$170,384	$237,473	$-43,718
2020	$124,417	$229,359	$273,045	$-104,942
2019	$240,150	$283,132	$401,310	$-42,982
2018	$414,845	$463,179	$455,268	$-48,334

OPENFABRICS INC