Open Networking Foundation is located in Palo Alto, CA. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2021, Open Networking Foundation employed 57 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Open Networking Foundation is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Open Networking Foundation generated $16.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.6% each year . All expenses for the organization totaled $14.1m during the year ending 12/2021. While expenses have increased by 22.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO DRIVE THE TRANSFORMATION OF NETWORK INFRASTRUCTURE AND CARRIER BUSINESS MODELS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE DEVELOPMENT AND USE OF SOFTWARE DEFINED NETWORKING (SDN) TECHNOLOGIES. THE ORGANIZATION'S SDN-FOCUSED ACTIVITIES INCLUDE COORDINATION IN THE DEVELOPMENT OF RELEVANT TECHNOLOGIES, STANDARDIZATION OF THE RESULTING INTERFACES, AND ADVOCACY OF THEIR USE. THESE PROJECTS HELP ENSURE THAT THE DEVELOPMENT OF SOFTWARE-DEFINED NETWORKING TECHNOLOGIES IS SYNERGISTIC AND LEADS TO WELL-DEFINED AND VENDOR-AGNOSTIC INDUSTRY STANDARDS FOR THE FUNDAMENTAL INTERFACES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Timon Sloane Gen Mgr | Officer | 40 | $294,806 |
Andrew Fuetsch President & Dir | Officer | 1 | $0 |
Dai Kashiwa Secretary & Dir | Officer | 1 | $0 |
Guru Parulkar Director | Trustee | 1 | $0 |
Jochen Appel Director | Trustee | 1 | $0 |
Victor Bahl Director | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Infrastructure Group Llc Accounting & Fin Svcs | 12/30/21 | $108,436 |
Schwabe Williamson & Wyatt Pc Legal | 12/30/21 | $116,866 |
Great Software Laboratory Pvt Ltd Software Development | 12/30/21 | $139,955 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $7,122,601 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $7,122,601 |
Total Program Service Revenue | $9,345,741 |
Investment income | $74 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $16,468,416 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $294,806 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $8,668,302 |
Pension plan accruals and contributions | $291,196 |
Other employee benefits | $2,068,658 |
Payroll taxes | $781,900 |
Fees for services: Management | $0 |
Fees for services: Legal | $290,026 |
Fees for services: Accounting | $1,270 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $34,917 |
Office expenses | $36,952 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $600,707 |
Travel | $25,444 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $77,167 |
Insurance | $0 |
All other expenses | $248,045 |
Total functional expenses | $14,063,459 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,003,020 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,709,027 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $122,048 |
Net Land, buildings, and equipment | $326,018 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $101,799 |
Total assets | $9,261,912 |
Accounts payable and accrued expenses | $197,941 |
Grants payable | $0 |
Deferred revenue | $1,897,550 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $25,997 |
Total liabilities | $2,121,488 |
Net assets without donor restrictions | $7,140,424 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $9,261,912 |
Organization Name | Assets | Revenue |
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Arizona Behavioral Health Corporation Phoenix, AZ | $19,459,678 | $40,892,493 |
Turning Point Usa Inc Phoenix, AZ | $7,306,560 | $39,843,289 |
Central City Community Health Center Monterey Park, CA | $37,966,009 | $52,273,838 |
Koret Foundation San Francisco, CA | $515,520,670 | $39,088,314 |
South Coast Childrens Society Inc Mission Viejo, CA | $13,233,032 | $36,840,141 |
Partnerships To Uplift Communities Valley Burbank, CA | $45,863,273 | $39,395,312 |
Lake County Tribal Health Consortium Inc Lakeport, CA | $69,377,072 | $39,633,665 |
Child And Family Service Ewa Beach, HI | $20,885,160 | $29,767,300 |
Baby2baby Los Angeles, CA | $23,910,524 | $31,584,050 |
Food Bank For Monterey County Salinas, CA | $26,383,272 | $28,927,721 |
Self Enhancement Inc Portland, OR | $28,150,324 | $38,753,460 |
Oak Grove Institute Foundation Inc Murrieta, CA | $29,102,821 | $23,083,215 |