ONVIF INC

EIN: 263412083 Community Improvement

SAN RAMON, CA

Total Revenue
$2,475,256
Total Expenses
$1,324,753
Total Assets
$3,703,195
Net Assets
$2,463,155
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
DE
Principal Officer
LEONID LEVIT
Phone
9252756621
Tax Period
2023-01-01 to 2023-12-31

ONVIF INC, founded in 2008, is a community nonprofit in the Community Improvement sector that reported $2.5M in total revenue in fiscal year 2023. Revenue surged 44% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2M, a strong 46% operating margin.

Mission

OUR TAX-EXEMPT PURPOSE IS FOUR-FOLD:(1) TO SERVE AS AN OPEN INDUSTRY FORUM FOR THE DEVELOPMENT OF A GLOBAL STANDARD FOR THE INTERFACE OF IP-BASED PHYSICAL SECURITY PRODUCTS;(2) TO DEVELOP STANDARDS TO ENSURE INTEROPERABILITY BETWEEN IP-BASED PHYSICAL SECURITY PRODUCTS REGARDLESS OF MANUFACTURER OF ORIGIN;(3) TO PROVIDE FOR A COMMON PROTOCOL FOR THE EXCHANGE OF INFORMATION BETWEEN IP-BASED PHYSICAL SECURITY DEVICES INCLUDING AUTOMATIC DEVICE DISCOVERY, VIDEO STREAMING AND INTELLIGENCE METADATA; AND(4) TO IMPROVE CONDITIONS IN THE IP-BASED PHYSICAL SECURITY PRODUCTS INDUSTRY AND, ULTIMATELY, TO BENEFIT CONSUMERS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,398,021
Investment Income $77,235
Other Revenue $0
TOTAL REVENUE $2,475,256

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $1,324,753
TOTAL EXPENSES $1,324,753

Year-over-Year Comparison

2023 2022 Change
Revenue $2,475,256 $1,715,370 +0.4%
Expenses $1,324,753 $1,278,469 +0.0%
Net Income $1,150,503 $436,901 +1.6%
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

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Governance

Voting Members
2
Independent Members
2
Employees
N/A
Volunteers
100

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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEONID LEVIT PRESIDENT AND DIRECTOR 1.00
Officer Director
$0 $0 $0
RUDOLF SPIELBERGER SECRETARY AND TREASURER 1.00
Officer Director
$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
2024 No data No data No data No data
2023 $2,475,256 $1,324,753 $3,703,195 $1,150,503
2022 $1,715,370 $1,278,469 $2,687,066 $436,901
2021 $1,329,470 $1,161,376 $1,929,992 $168,094
2020 $1,418,483 $1,515,741 $1,615,373 $-97,258
2019 $1,386,991 $1,629,238 $1,851,841 $-242,247
2018 $1,594,227 $1,736,414 $2,067,336 $-142,187
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