TRUSTED IOT ALLIANCE INC (EIN 822134091) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2017

Legal Domicile

Principal Officer

ANOOP NANNRA

Phone

7818766262

Tax Period

2019-01-01 to 2019-12-20

TRUSTED IOT ALLIANCE INC, founded in 2017, is a small nonprofit that reported $225K in total revenue in fiscal year 2019. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $559K exceeded revenue, resulting in a 148% operating deficit.

Mission

OUR MISSION IS TO LEVERAGE BLOCKCHAIN INFRASTRUCTURE TO SECURE AND SCALE IOT ECOSYSTEMS. IOT SYSTEMS OPERATING IN HETEROGENEOUS AND DECENTRALIZED ENVIRONMENTS, AND CONSISTING OF MULTIPLE ADMINISTRATIVE DOMAINS REPRESENT A CHALLENGE FROM THE POINT OF VIEW OF TRUST. WE SEEK TO ENABLE TRUST IN THE DATA PRODUCED BY SUCH IOT SYSTEMS IN A DISTRIBUTED LEDGER/BLOCKCHAIN AGNOSTIC FASHION, THEREBY ENABLING A DECENTRALIZED TRUST MODEL FOR INTEROPERABLE DIGITIZED IDENTITIES OF PHYSICAL GOODS, DOCUMENTS, IMMOBILIZED ASSETS, SENSORS, AND MACHINES. FINALLY, WE WISH TO SEE THIS HAPPEN WITH THE RESILIENCY THAT CAN SCALE TO SUPPORT BILLIONS OF CONNECTED DEVICES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $127,945

Program Service Revenue $94,167

Investment Income $0

Other Revenue $3,317

TOTAL REVENUE $225,429

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $559,015

TOTAL EXPENSES $559,015

Year-over-Year Comparison

	2019	2018	Change
Revenue	$225,429	$353,567	-0.4%
Expenses	$559,015	$232,628	+1.4%
Net Income	$-333,586	$120,939	-3.8%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$50,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DIRK SLAMA	PRESIDENT	1.00	Officer Director	$0	$0	$0
ANOOP NANNRA	CHAIR	1.00	Officer Director	$0	$0	$0
DAVID AHO	TREASURER	1.00	Officer Director	$0	$0	$0
JOE PINDAR	SECRETARY	1.00	Officer Director	$0	$0	$0
ZAKI MANIAN	EXECUTIVE DIRECTOR	40.00	Officer	$29,000	$0	$29,000
ALEXY KHRABROV	CHIEF COMMUNITY OFFICER	20.00	Officer	$21,000	$0	$21,000

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
2019	$225,429	$559,015	No data	$-333,586

TRUSTED IOT ALLIANCE INC