Lora Alliance Inc
- Assets
- $3.0m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Fremont, CA
- Founding
- 08/2017
- Data as of
- 12/2021
- EIN
- 47-3126656
Organization Overview
Lora Alliance Inc is located in Fremont, CA. The organization was established in 2017. 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. Lora Alliance Inc 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, Lora Alliance Inc generated $3.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.0% each year . All expenses for the organization totaled $3.3m during the year ending 12/2021. While expenses have increased by 19.5% 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
THROUGH STANDARDIZATION AND THE ACCREDITED CERTIFICATION SCHEME, THE LORA ALLIANCE DELIVERS THE INTEROPERABILITY NEEDED FOR LPWA NETWORKS TO SCALE, MAKING LORAWAN THE PREMIER SOLUTION FOR GLOBAL LPWAN DEPLOYMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HELD VIRTUAL AND LIVE EVENTS THROUGH-OUT THE YEAR FOR OUR MEMBERS.
CONTINUED SPREADING OUR MISSION THROUGH MARKETING, PR, DIGITAL & SOCIAL MEDIA.
CONTINUED THE CERTIFICATION PROGRAM / LCTT TOOL UPGRADES AVAILABLE TO ALL MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Stuebing Treasurer | OfficerTrustee | 1 | $0 |
Alper Yegin Vice Chairman | OfficerTrustee | 1 | $0 |
Olivier Beaujard Secretary | OfficerTrustee | 1 | $0 |
Donna Moore Chair & CEO | Officer | 40 | $0 |
Manish Jindal Director | Trustee | 1 | $0 |
Wei Ku Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Shayclare Llc Ceo | 12/30/21 | $428,626 |
Kite Rocket Public Relations | 12/30/21 | $241,876 |
Skye Warden Global Strategies | 12/30/21 | $153,000 |
Association Management Solutions Management | 12/30/21 | $376,461 |
Derek Wallace Vp Of Marketing | 12/30/21 | $181,800 |
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 | $3,251,852 |
| Investment income | $757 |
| 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 | $3,254,372 |
| 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. | $0 |
| 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 | $805,087 |
| Fees for services: Legal | $131,963 |
| Fees for services: Accounting | $8,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,365,019 |
| Advertising and promotion | $292,049 |
| Office expenses | $41,552 |
| Information technology | $146,672 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $28,818 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $366,065 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,200 |
| Insurance | $8,414 |
| All other expenses | $0 |
| Total functional expenses | $3,280,409 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $946,469 |
| Savings and temporary cash investments | $1,011,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,173 |
| 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 | $989,450 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $51,276 |
| Other assets | $0 |
| Total assets | $3,007,368 |
| Accounts payable and accrued expenses | $154,674 |
| Grants payable | $0 |
| Deferred revenue | $1,689,833 |
| 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 | $0 |
| Total liabilities | $1,844,507 |
| Net assets without donor restrictions | $1,162,861 |
| 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 | $3,007,368 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
International Foundation For Telemetering Camarillo, CA | $1,474,311 | $3,017 |