OPEN SECURITY AND SAFETY ALLIANCE INC

EIN: 824947427

SAN RAMON, CA

Total Revenue
N/A
Total Expenses
N/A
Total Assets
N/A
Net Assets
N/A
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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
2018
Legal Domicile
DE
Principal Officer
MARCUS NADENAU
Phone
9252756671
Tax Period
2024-01-01 to 2024-12-31

Mission

BRING TOGETHER LIKE-MINDED ORGANIZATIONS IN ORDER TO CREATE A FRAMEWORK OUTLINING A COMMON STANDARDIZED PLATFORM FOR SECURITY AND SAFETY SOLUTIONS. THE CURRENT PLANNED FRAMEWORK PROVIDES STANDARDS AND SPECIFICATIONS FOR COMPONENTS INCLUDING A COMMON OPERATING SYSTEM, IoT INFRASTRUCTURE, COLLECTIVE APPROACH FOR DATA SECURITY AND PRIVACY, AND A DRIVE FOR HIGHER PERFORMANCE OF SOLUTIONS IN THE INDUSTRY.

Program Service Accomplishments

Program 1

MARKETING AND PUBLICITY OF THE PURPOSE OF THE ORGANIZATION IN ORDER TO ATTRACT ADDITIONAL MEMBER COMPANIES TO THE ORGANIZATION

Program 2

DEVELOP TECHNICAL SPECIFICATIONS TO DOCUMENT THE REQUIRED INTERFACES AND FUNCTIONS OF OSSA DEVICES

Program 3

HOLD MEMBER MEETINGS TO FACILITATE COMMITTEE AND WORK GROUP COLLABORATIONS

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2024 2023 Change
Revenue N/A $443,500 -1.0%
Expenses N/A $222,801 -1.0%
Net Income N/A $220,699 N/A
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
5
Independent Members
5
Employees
N/A
Volunteers
30

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
6
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARCUS NADENAU CHAIRMAN AND BOARD MEMBER 2.00
Director
$0 $0 $0
RAHUL YADAV BOARD MEMBER 2.00
Director
$0 $0 $0
ALEX LIAO BOARD MEMBER 2.00
Director
$0 $0 $0
KICHUL KIM BOARD MEMBER 2.00
Director
$0 $0 $0
JOHAN JUBBEGA PRESIDENT 30.00
Officer Director
$0 $0 $0
BARRY NORTON VP AND SECRETARY 1.00
Officer
$0 $0 $0
BOB DOLAN TREASURER 5.00
Officer
$0 $0 $0
DANIEL VORNEFELD VICE PRESIDENT 10.00
Officer
$0 $0 $0
STEVE MA VICE PRESIDENT 10.00
Officer
$0 $0 $0
ANDY RYU VICE PRESIDENT 10.00
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
2024 No data No data No data No data
2023 $443,500 $222,801 $779,643 $220,699
2022 $462,584 $357,098 $565,075 $105,486
2021 $515,836 $308,866 $467,918 $206,970
2020 $541,557 $393,642 $280,349 $147,915
2019 $560,657 $650,777 $190,462 $-90,120
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