DECENTRALIZED WIRELESS FOUNDATION INC

EIN: 871704800 Community Improvement

JACKSON, WY

Total Revenue
$35,192,479
Total Expenses
$12,973,016
Total Assets
$37,650,061
Net Assets
$37,285,684
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
DE
Principal Officer
ABHAY KUMAR
Phone
7183162254
Tax Period
2024-01-01 to 2024-12-31

DECENTRALIZED WIRELESS FOUNDATION INC, founded in 2021, is a mid-sized nonprofit in the Community Improvement sector that reported $35.2M in total revenue in fiscal year 2024. Revenue surged 144% from the prior year, signaling strong growth momentum. The organization ran a surplus of $22.2M, a strong 63% operating margin.

Mission

TO PROMOTE THE COMMON BUSINESS INTERESTS OF ITS MEMBERS REGARDING THE USE, IMPLEMENTATION, AND DEVELOPMENT OF PEER-TO-PEER WIRELESS NETWORKS.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $63,582
Investment Income $35,128,897
Other Revenue $0
TOTAL REVENUE $35,192,479

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,978,447
Fundraising Expenses $0
Other Expenses $6,994,569
TOTAL EXPENSES $12,973,016

Year-over-Year Comparison

2024 2023 Change
Revenue $35,192,479 $14,409,728 +1.4%
Expenses $12,973,016 $9,403,267 +0.4%
Net Income $22,219,463 $5,006,461 +3.4%
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

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
N/A

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
3
$5,756,106
Total Directors
5
$4,573,157
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ABHAY KUMAR CEO & BOARD CHAIR 40.00
Officer Director
$3,357,672 $0 $3,357,672
JOSH KERSHNER GENERAL COUNSEL & SECRETARY 41.00
Officer Director
$967,784 $25,358 $993,142
JAIME WILKINSON DIRECTOR 2.00
Director
$99,482 $0 $99,482
ARMAN DEXFUKI-ARJOMANDI DIRECTOR 2.00
Director
$76,999 $0 $76,999
AMIRA VALLIANI DIRECTOR 2.00
Director
$45,862 $0 $45,862
SCOTT SIGEL CHIEF OPERATING OFFICER 40.00
Officer
$1,405,292 $0 $1,405,292
NOAH PRINCE SENIOR DIRECTOR OF ENGINEERING (THRU 08/2024) 60.00
Highest
$1,395,586 $17,546 $1,413,132
BRYAN ZETTLER SOFTWARE ENGINEER 40.00
Highest
$623,419 $12,925 $636,344
MATTHEW THIERY SOFTWARE ENGINEER 40.00
Highest
$281,642 $26,145 $307,787
JOSEPH HILLER SENIOR TECHNICAL DIRECTOR, LORAWAN 40.00
Highest
$270,909 $5,258 $276,167
SONYA BAUMSTEIN DIRECTOR OF FINANCE 40.00
Highest
$258,952 $24,369 $283,321
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 $35,192,479 $12,973,016 $37,650,061 $22,219,463
2023 $14,409,728 $9,403,267 $19,370,927 $5,006,461
2022 $18,547,275 $5,194,054 $15,952,668 $13,353,221
2021 $276,965 $156,799 $1,193,961 $120,166
Explore More Nonprofits
→Top 100 Nonprofits in Wyoming →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare DECENTRALIZED WIRELESS FOUNDATION INC with other nonprofits in Wyoming and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.