Airfuel Alliance
- Assets
- $389.4k
- Revenue
- $370.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Beaverton, OR
- Founding
- 09/2011
- Data as of
- 12/2021
- EIN
- 45-2747042
Organization Overview
Airfuel Alliance is located in Beaverton, OR. The organization was established in 2011. According to its NTEE Classification (U03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Airfuel Alliance 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, Airfuel Alliance generated $370.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (18.6%) each year. All expenses for the organization totaled $525.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.5%) per year over the past 7 years. 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
THE ORGANIZATION'S PURPOSE IS TO SUPPORT THE COMMON INTERESTS OF MEMBERS, USERS AND DEVELOPERS OF WIRELESS POWER TRANSFER TECHNOLOGY PRODUCTS AND SERVICES ("WIRELESS POWER TECHNOLOGY") TO (I) PROMOTE GLOBAL STANDARDIZATION OF WIRELESS POWER TECHNOLOGY, (II) DEVELOP WIRELESS POWER TECHNOLOGY PROTOCOLS, PRODUCTS AND SERVICES, (III) PROMOTE WIRELESS POWER TECHNOLOGY CERTIFICATION PROGRAMS, (IV) EFFECT WIRELESS POWER TECHNOLOGY- FRIENDLY REGULATORY AND LEGISLATIVE ACTIVITIES (WHERE APPLICABLE), AND (V) TO DO ANYTHING REASONABLY NECESSARY TO ACHIEVE THE ABOVE PURPOSE, ALL IN ACCORDANCE WITH SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MARKETING: EFFORTS TO PROMOTE GLOBAL STANDARDIZATION OF WIRELESS POWER TECHNOLOGY, PROMOTE WIRELESS POWER TECHNOLOGY CERTIFICATION PROGRAMS, AND EFFECT WIRELESS POWER TECHNOLOGY-FRIENDLY REGULATORY AND LEGISLATIVE ACTIVITIES (WHERE APPLICABLE).
TECHNICAL: EFFORTS TO PRODUCT A GLOBAL STANDARD OF WIRELESS POWER TECHNOLOGY, DEVELOP WIRELESS POWER TECHNOLOGY PROTOCOL, PRODUCTS, AND SERVICES, DEVELOP AND MAINTAIN WIRELESS POWER TECHNOLOGY CERTIFICATION PROGRAMS.
EVENTS: MEMBERS MEETINGS, DEVELOPER DAYS, AND PLUGFESTS (TESTING EVENTS) INTENDED TO FURTHER GLOBAL STANDARDIZATION OF WIRELESS POWER TECHNOLOGY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sanjay Gupta President | Officer | 40 | $200,004 |
Oksana Davis Secretary | Officer | 5 | $0 |
Ken Moore Treasurer | Officer | 1 | $0 |
Josh Yank Director | Trustee | 1 | $0 |
Neeraj Sahejpal Director | Trustee | 1 | $0 |
Clint Chaplin Director | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Clifton J Barber Consulting | 12/30/16 | $121,164 |
Comarch Test Tool Developmnt | 12/30/16 | $640,022 |
E-qualus Partners Llc Techical Services | 12/30/16 | $204,793 |
Itay Sherman Consulting Llc Consulting | 12/30/16 | $110,700 |
Vtm Inc Management | 12/30/16 | $167,883 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $361,483 |
| Investment income | $0 |
| 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 | $370,633 |
| 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. | $200,004 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $21,120 |
| Fees for services: Legal | $22,720 |
| Fees for services: Accounting | $3,263 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $149,516 |
| Advertising and promotion | $8,099 |
| Office expenses | $6,722 |
| Information technology | $10,877 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $314 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,509 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $98,162 |
| Insurance | $1,932 |
| All other expenses | $1,500 |
| Total functional expenses | $525,738 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $269,982 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $4,316 |
| Net Land, buildings, and equipment | $115,105 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $389,403 |
| Accounts payable and accrued expenses | $31,155 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $66,250 |
| Total liabilities | $97,405 |
| Net assets without donor restrictions | $0 |
| 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 | $291,998 |
| Total liabilities and net assets/fund balances | $389,403 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society Of Photo Optical Instrumentation Engineer Bellingham, WA | $137,270,634 | $46,847,935 |
Annual Reviews San Mateo, CA | $5,336,677 | $17,287,616 |
Lora Alliance Inc Fremont, CA | $3,007,368 | $3,254,372 |
Society For Advancement Of Chicanos & Native Americans In Science Inc San Jose, CA | $5,294,932 | $4,211,776 |
Mosquito And Vector Control Association Of California Sacramento, CA | $783,847 | $933,158 |
Council On Technology & Society Alameda, CA | $51,496 | $525,235 |
Distributed Management Task Force Inc Portland, OR | $1,568,052 | $1,024,252 |
Geological Society Of Nevada Reno, NV | $2,033,431 | $407,089 |
Chemical And Biologicalmicrosystems Society San Diego, CA | $798,930 | $706,778 |
Airfuel Alliance Beaverton, OR | $389,403 | $370,633 |
Revolution Robotics Foundation Inc San Francisco, CA | $72,728 | $400,086 |
Cognitive Neuroscience Society Davis, CA | $154,694 | $165,577 |