ONGO ALLIANCE C/O VITAL TECHNICAL MARKETING INC (EIN 813225629) - 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

2016

Legal Domicile

Principal Officer

STEPHEN RAYMENT

Phone

5036190505

Tax Period

2024-01-01 to 2024-12-31

ONGO ALLIANCE C/O VITAL TECHNICAL MARKETING INC, founded in 2016, is a community nonprofit in the Community Improvement sector that reported $1.1M in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $1.8M exceeded revenue, resulting in a 64% operating deficit.

Mission

THE PURPOSE OF THE ONGO ALLIANCE IS TO SUPPORT THE COMMON INTERESTS OF MEMBERS, IMPLEMENTERS AND OPERATORS FOR THE DEVELOPMENT, COMMERCIALIZATION, AND ADOPTION OF LTE SOLUTIONS FOR THE US 3.5 GHZ CITIZENS BROADBAND RADIO SERVICE (CBRS).

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,013,096

Investment Income $77,146

Other Revenue $375

TOTAL REVENUE $1,090,617

Expense Breakdown

Grants Paid $0

Salaries & Benefits $216,186

Fundraising Expenses $0

Other Expenses $1,576,380

TOTAL EXPENSES $1,792,566

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,090,617	$1,527,450	-0.3%
Expenses	$1,792,566	$2,185,382	-0.2%
Net Income	$-701,949	$-657,932	+0.1%

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

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
STEPHEN RAYMENT	PRESIDENT	1.00	Officer Director	$0	$0	$0
DEREK PETERSON	TREASURER	1.00	Officer Director	$0	$0	$0
DR PRESTON MARSHALL	CHAIR	2.00	Director	$0	$0	$0
ANDY CLEGG	DIRECTOR	3.00	Director	$0	$0	$0
GARY BOUDREAU	DIRECTOR	0.50	Director	$0	$0	$0
VIRGIL CIMPU	DIRECTOR	0.50	Director	$0	$0	$0
LISA GUESS	DIRECTOR	0.50	Director	$0	$0	$0
MASOUD OLFAT	DIRECTOR	0.50	Director	$0	$0	$0
ARIFUL HANNAH	DIRECTOR	0.50	Director	$0	$0	$0
ALAN EWING	EXECUTIVE DI	40.00	Officer	$0	$0	$0
OREN BINDER	MARKETING DI	40.00	Highest	$216,186	$0	$216,186

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	$1,090,617	$1,792,566	$1,215,862	$-701,949
2023	$1,527,450	$2,185,382	$1,932,633	$-657,932
2022	$2,200,623	$2,255,185	$2,796,203	$-54,562
2021	$2,187,480	$1,915,550	$3,125,712	$271,930
2020	$2,278,898	$1,632,081	$3,040,306	$646,817
2019	$2,618,019	$2,416,226	$2,255,833	$201,793
2018	$2,182,103	$1,941,807	$2,112,031	$240,296

ONGO ALLIANCE C/O VITAL TECHNICAL MARKETING INC