Z-WAVE ALLIANCE INC C/O VITAL TECH… - Form 990 Financial Data

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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

2020

Legal Domicile

Principal Officer

AVI ROSENTHAL

Phone

5036190505

Tax Period

2023-01-01 to 2023-12-31

Z-WAVE ALLIANCE INC C/O VITAL TECHNICAL MARKETING INC, founded in 2020, is a community nonprofit that reported $2.1M in total revenue in fiscal year 2023.

Mission

THE PRIMARY PURPOSES OF THE ALLIANCE IS TO SUPPORT THE DEVELOPMENT AND EXTENSION OF THE Z-WAVE WIRELESS COMMUNICATION PROTOCOL AND PROMOTE THE PROTOCOL AS A KEY ENABLING TECHNOLOGY FOR 'SMART' HOME AND BUSINESS APPLICATIONS, AND TO UNDERTAKE SUCH OTHER ACTIVITIES AS MAY FROM TIME TO TIME BE APPROPRIATE TO FURTHER THE PURPOSES AND ACHIEVE THE GOALS SET FORTH ABOVE. THE Z-WAVE WIRELESS COMMUNICATIONS PROTOCOL AND ANY OTHER STANDARDS OR SPECIFICATIONS THE ALLIANCE MAY CREATE ARE REFERRED TO AS THE "SPECIFICATIONS".

Program Service Accomplishments

Program 1

SPECIFICATION AND OPEN SOURCE PROJECT DEVELOPMENT & MAINTENANCE: SUPPORT THE DEVELOPMENT AND EXTENSION OF THE Z-WAVE WIRELESS COMMUNICATION PROTOCOL (SPECIFICATION)AND OPEN SOURCE CODE. MAINTAINS...

SPECIFICATION AND OPEN SOURCE PROJECT DEVELOPMENT & MAINTENANCE: SUPPORT THE DEVELOPMENT AND EXTENSION OF THE Z-WAVE WIRELESS COMMUNICATION PROTOCOL (SPECIFICATION)AND OPEN SOURCE CODE. MAINTAINS NUMEROUS TECHNICAL WORKING GROUPS DEDICATED TO FURTHERING THE Z-WAVE SPECIFICATIONS AND SOURCE CODE. THE Z-WAVE PROTOCOL IS AN INTEROPERABLE, WIRELESS, RF-BASED COMMUNICATIONS TECHNOLOGY DESIGNED SPECIFICALLY FOR CONTROL, MONITORING AND STATUS READING APPLICATIONS.

Program 2

INDUSTRY EDUCATION AND PROMOTION: PROMOTE CONSUMER AWARENESS AND RECOGNITION OF Z-WAVE TECHNOLOGY AS THE TRUSTED STANDARD FOR WIRELESS CONTROL. PROMOTE THE Z-WAVE PROTOCOL AS A KEY ENABLING...

INDUSTRY EDUCATION AND PROMOTION: PROMOTE CONSUMER AWARENESS AND RECOGNITION OF Z-WAVE TECHNOLOGY AS THE TRUSTED STANDARD FOR WIRELESS CONTROL. PROMOTE THE Z-WAVE PROTOCOL AS A KEY ENABLING TECHNOLOGY FOR 'SMART' HOME AND BUSINESS APPLICATIONS. PROVIDE INFORMATION TO THE INDUSTRY USING VARIOUS COMMISSIONED AND VOLUNTEERED RESOURCES. COMMISSIONING AND PUBLIC POSTING OF VIDEOS DESCRIBING THE BENEFITS OF Z- WAVE TECHNOLOGIES. TAKING ADVANTAGE OF INDUSTRY SPEAKING AND TRADESHOW OPPORTUNITIES TO SHOWCASE DEVELOPMENTS AND ACTIVELY ENGAGE WITH THE AFFECTED INDUSTRIES.

Program 3

CERTIFICATION PROGRAM: MAINTAINS CERTIFICATION PROGRAMS FOR BOTH TECHNICAL CERTIFICATION AND MARKET CERTIFICATION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,105,568

Investment Income $0

Other Revenue $1,180

TOTAL REVENUE $2,106,748

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $2,110,776

TOTAL EXPENSES $2,110,776

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,106,748	$2,074,556	+0.0%
Expenses	$2,110,776	$2,494,239	-0.2%
Net Income	$-4,028	$-419,683	-1.0%

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
AVI ROSENTHAL	CHAIR	5.00	Officer Director	$0	$0	$0
BILL SCHEFFLER	SECRETARY	2.00	Officer Director	$0	$0	$0
KEVIN KRAUS	TREASURER	5.00	Officer Director	$0	$0	$0
GUSTAF LONAEUS	VICE CHAIR	4.00	Director	$0	$0	$0
JOHN OSBORNE	DIRECTOR	2.00	Director	$0	$0	$0
ANDREW WEIR	DIRECTOR	2.00	Director	$0	$0	$0
LISA CORTE	DIRECTOR	2.00	Director	$0	$0	$0
GEOFFREY CUMMINGS	DIRECTOR	2.00	Director	$0	$0	$0
JONATHAN ADAMS	DIRECTOR	3.00	Director	$0	$0	$0
JACOB ALAMAT	DIRECTOR	2.00	Director	$0	$0	$0
SCOTT LAING	DIRECTOR	2.00	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	$2,106,748	$2,110,776	$1,795,712	$-4,028
2022	$2,074,556	$2,494,239	$1,752,882	$-419,683
2021	$1,861,907	$1,215,756	$1,983,579	$646,151
2020	$405,371	$257,571	$1,274,305	$147,800

Z-WAVE ALLIANCE INC C/O VITAL TECHNICAL MARKETING INC