Civic Intelligence

The Computing Technology Industry Association

990 • Fiscal year 2015 • EIN 06-1058206

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 30, 2016

3500 Lacey Road Suite 100Downers Grove, IL 60515

(630) 678-8300

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

76th percentile

0.60x

Higher debt load relative to assets than 76% of similar nonprofits.

2015 filings • $50M-$100M nonprofits • Source year 2015

Liabilities / Revenue

42nd percentile

0.26x

Higher debt load relative to revenue than 42% of similar nonprofits.

2015 filings • $50M-$100M nonprofits • Source year 2015

Net Margin

41st percentile

1.9%

Higher net margin than 41% of similar nonprofits.

2015 filings • $50M-$100M nonprofits • Source year 2015

Top Officer Pay

91st percentile

$1,035,024

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2015 filings • $50M-$100M nonprofits • Source year 2015

Asset Growth

69th percentile

5.8%

Faster asset growth than 69% of similar nonprofits.

2015 filings • $50M-$100M nonprofits • Annualized from 2014 to 2015

Revenue Growth

75th percentile

13%

Faster revenue growth than 75% of similar nonprofits.

2015 filings • $50M-$100M nonprofits • Annualized from 2014 to 2015

Assets

Up

$26,384,011

Up $1,452,974 (+5.8%) from 2014

Net Assets

Up

$10,434,327

Up $1,034,346 (+11%) from 2014

Liabilities

Up

$15,949,684

Up $418,628 (+2.7%) from 2014

Revenue

Up

$61,987,208

Up $6,948,499 (+13%) from 2014

Expenses

Up

$60,793,858

Up $5,785,770 (+11%) from 2014

Net Income

Up

$1,193,350

Up $1,162,729 (+3797%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200M$150M$100M$50M$0-$50MAssets 2010: $80,278,802Liabilities 2010: $16,187,308Net Assets 2010: $64,091,4942010Assets 2011: $25,929,930Liabilities 2011: $15,725,422Net Assets 2011: $10,204,5082011Assets 2012: $19,664,141Liabilities 2012: $14,224,838Net Assets 2012: $5,439,3032012Assets 2013: $26,054,527Liabilities 2013: $15,361,440Net Assets 2013: $10,693,0872013Assets 2014: $24,931,037Liabilities 2014: $15,531,056Net Assets 2014: $9,399,9812014Assets 2015: $26,384,011Liabilities 2015: $15,949,684Net Assets 2015: $10,434,3272015Assets 2016: $27,680,903Liabilities 2016: $15,262,391Net Assets 2016: $12,418,5122016Assets 2017: $33,515,200Liabilities 2017: $25,726,229Net Assets 2017: $7,788,9712017Assets 2018: $36,057,742Liabilities 2018: $27,279,024Net Assets 2018: $8,778,7182018Assets 2019: $30,801,925Liabilities 2019: $28,717,713Net Assets 2019: $2,084,2122019Assets 2020: $49,817,073Liabilities 2020: $38,357,227Net Assets 2020: $11,459,8462020Assets 2021: $57,069,363Liabilities 2021: $44,398,406Net Assets 2021: $12,670,9572021Assets 2022: $71,587,999Liabilities 2022: $54,869,816Net Assets 2022: $16,718,1832022Assets 2023: $152,308,254Liabilities 2023: $153,488,498Net Assets 2023: -$1,180,2442023Assets 2024: $161,130,290Liabilities 2024: $152,446,410Net Assets 2024: $8,683,8802024

Highlighted filing

2015

Assets$26,384,011
Liabilities$15,949,684
Net Assets$10,434,327

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300M$200M$100M$0-$100MExpenses 2010: $53,351,0232010Expenses 2011: $49,180,9782011Expenses 2012: $49,168,0882012Revenue 2013: $51,547,996Expenses 2013: $46,294,212Net Income 2013: $5,253,7842013Revenue 2014: $55,038,709Expenses 2014: $55,008,088Net Income 2014: $30,6212014Revenue 2015: $61,987,208Expenses 2015: $60,793,858Net Income 2015: $1,193,3502015Revenue 2016: $65,071,315Expenses 2016: $63,087,130Net Income 2016: $1,984,1852016Revenue 2017: $68,419,933Expenses 2017: $66,612,052Net Income 2017: $1,807,8812017Revenue 2018: $81,770,735Expenses 2018: $78,271,312Net Income 2018: $3,499,4232018Revenue 2019: $86,097,793Expenses 2019: $87,374,309Net Income 2019: -$1,276,5162019Revenue 2020: $103,257,206Expenses 2020: $82,307,445Net Income 2020: $20,949,7612020Revenue 2021: $122,938,788Expenses 2021: $120,308,258Net Income 2021: $2,630,5302021Revenue 2022: $144,834,551Expenses 2022: $137,270,029Net Income 2022: $7,564,5222022Revenue 2023: $166,347,790Expenses 2023: $174,197,958Net Income 2023: -$7,850,1682023Revenue 2024: $216,871,482Expenses 2024: $210,142,662Net Income 2024: $6,728,8202024

Highlighted filing

2015

Revenue$61,987,208
Expenses$60,793,858
Net Income$1,193,350
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 30, 2016
Return Version
2015v2.1
Gross Receipts
$61,987,208
Mission and Program Overview

Mission

The organization is dedicated to advancing information technology industry growth through its educational programs, market research, networking events, professional certifications, and public policy advocacy.

The computing technology industry association, inc. D/b/a comptia, is the voice of the world's information technology (it) industry. Its members are (see schedule o)

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$5,577,624$10,426,801▲ $4,849,177
Savings and Temporary Cash Investments$5,777,000$5,782,000▲ $5,000
Accounts Receivable$3,898,960$4,195,846▲ $296,886
Other Notes and Loans Receivable, Net$1,439,825$0▼ $1,439,825
Prepaid Expenses and Deferred Charges$1,976,821$1,330,810▼ $646,011
Land, Buildings, and Equipment, Net$1,113,297$983,957▼ $129,340
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$24,931,037$26,384,011▲ $1,452,974
Other Assets Total$5,147,510$3,664,597▼ $1,482,913
Liabilities
Deferred Revenue$8,094,420$7,686,136▼ $408,284
Other Liabilities$4,749,440$6,260,828▲ $1,511,388
Accounts Payable and Accrued Expenses$2,687,196$2,002,720▼ $684,476
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$15,531,056$15,949,684▲ $418,628
Net Assets / Fund Balance
Unrestricted Net Assets$9,399,981$10,434,327▲ $1,034,346
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$9,399,981$10,434,327▲ $1,034,346
Total Liabilities and Net Assets / Fund Balance$24,931,037$26,384,011▲ $1,452,974

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$520,189$3,759,912$4,280,101
Leasehold Improvements$463,768$278,243$742,011
Other Assets Org$86,137--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Todd ThibodeauxPresident/CEOFT$636,411$398,613$1,035,024
David SommerFormer CFO/TreasurerFT$200,403$187,036$387,439
Elizabeth HymanVP of Public PolicyFT$263,694$112,547$376,241
Nancy HammervikSenior VP - Industry RelationsFT$244,740$126,539$371,279
John McGlincheyExecutive VP - Global SalesFT$208,991$157,528$366,519
Joseph PadinVice President SalesFT$161,989$185,984$347,973
Ann BatkoSenior VP of MarketingFT$235,038$110,153$345,191
Dan LiutikasChief Legal OfficerFT$208,284$113,097$321,381
Brian LaffeyCFOFT$70,256$10,665$80,921

Board Members and Trustees

NameTitle
MJ ShoerChairman
Mont PhelpsVice Chairman
Aaron WoodsDirector
Amy KardelDirector
Barry WilliamsDirector
Dan ShaperoDirector
Frank VitaglianoDirector
Gary PelosseDirector
Joseph SqueriDirector
Mary Ellen GromDirector
Quy NguyenDirector
Scott BarlowDirector
Tracy PoundDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
3500 Lacey Road CO Hamilton PartnRent300 Park Boulevard Suite 500, Itasca, IL 60143$876,401
Chicago CubsEvents1960 W Addison St, Chicago Il, IL 60613$216,540
Akta US LLCConsulting223 W Erie Suite 4E, Chicago Il, IL 60654$179,591
McBee Strategic ConsultingPublic Policy455 Massachusetts Ave NW, Washington, DC 20001$178,657
ML Strategies LLCPublic Policy701 Pennsylvania Avenue NW, Washington, CT 20004$162,836
Revenue and Support

Revenue Composition

Contributions and Grants
$265,731
Program Service Revenue
$60,052,919
Investment Income
$1,606,672
Other Revenue
$61,886
All Other Contributions
$265,731
Change in Net Assets
$1,193,350
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$31,263,960
Salaries, Compensation, and Employee Benefits$27,579,898
Grants and Similar Amounts Paid$1,950,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$21,113,765
Advertising---$3,408,657
Fees for Services Other---$2,860,256
Conferences and Meetings---$2,605,485
Other Employee Benefits---$2,545,892
Occupancy---$2,252,574
Other Expenses---$2,159,259
Grants to Domestic Orgs---$1,950,000
Travel---$1,892,902
Information Technology---$1,845,240
Current Officers, Directors, Trustees, and Key Employees---$1,824,765
Payroll Taxes---$1,307,051
All Other Expenses---$1,279,933
Pension Plan Contributions---$788,425
Depreciation Depletion---$454,304
Office Expenses---$449,740
Fees for Services Accounting---$269,910
Fees for Services Legal---$135,354
Insurance---$117,759
Total Functional Expenses$0$0$0$60,793,858
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Creating IT Futures Foundation IncDowners Grove, IL501(c)(3)Education$1,900,000
Women's Audio MissionSan Francisco, CA501(c)(3)General Support$50,000

International Summary

Offices
10
Employees
26
Spending
$4,910,931

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
Yes
Foreign corporation ownership
Yes
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (Including Iceland and Greenland)Program ServicesMember Certification212$2,894,597
East Asia and the PacificProgram ServicesMember Certification46$946,033
Sub-Saharan AfricaProgram ServicesMember Certification15$594,973
North AmericaProgram ServicesMember Certification33$475,328
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
Yes
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Total Nondeductible Lobbying and Political Cost$1,534,412
Current Year Nondeductible Lobbying and Political Cost$836,854
Political Expenditures$836,854

Section 527 Organizations

OrganizationLocationAmount
38-3758906Washington, DC$0
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Salaries & Commission$4,851,233
Contract Termination Reserve - Lt$795,597
Other Liabilities$339,068
Contract Termination Reserve$274,930
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1A:

The voting members of the Executive Committee are comprised of the Board Chair, Board Vice-Chair, Audit and Investment Committee Chair, the President and CEO, and the Immediate Part Chair of the Board. All of the members of the Executive Committee are also members of the Board of Directors, the governing body of the organization. The Executive Committee may act on behalf of the organization in any matter when the Board is not in session provided that such matter does not require a Board vote as provided for in the Bylaws or any applicable Board Policy. A majority of the Executive Committee shall constitute a quorum for the transaction of business.

Form 990, Part VI, Section A, Line 4:

in 2015 there was a change in the CFO's due to retirement. A new CFO (Brian Laffey) was hired in 2015 and assumed all of the responsibilities of the prior CFO.

Form 990, Part VI, Section A, Line 6:

The organization has 2010 members made up of Information Technology (I.T.) companies and I.T. educational organizations.

Form 990, Part VI, Section A, Line 7A:

Members are composed of I.T. Resellers, I.T. Vendors, and I.T. Distributors and have the right to elect Board Members.

Form 990, Part VI, Section B, Line 11B:

The 990 is reviewed by the President/CEO, Chief Financial Officer, Board of Directors, and the Auditors of the Association.

Form 990, Part VI, Section B, Line 12C:

The Association has a written conflict of interest policy for the board of directors and periodically asks for updated signed copies of this policy from its board members. It also has a written conflict of interest policy for its employees and has new employees sign the policy. The Board's Audit and Investment Committee reviews the Board, Officer and employee Conflict of Interest statements taking action as defined by the policy.

Form 990, Part VI, Section B, Line 15B:

Compensation is determined by the compensation committee using an independent compensation consultant, the Form 990 of other organizations, written employment contracts, compensation surveys and studies, and approval by the committee and board of directors.

Form 990, Part VI, Section C, Line 19:

Governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Computing Technology Industry Association
EIN
06-1058206
In Care Of
% BRIAN LAFFEY
Phone
6306788300
Address
3500 Lacey Road Suite 100, Downers Grove, IL 60515

Signing Officer

Name
Brian Laffey
Title
CFO
Phone
6306788300
Signed
2016-08-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Todd Thibodeaux
Formed
1982
Legal Domicile
Ct
Voting Board Members
14
Independent Board Members
13
Employees
211
Volunteers
2,010

Preparer

Firm
Baker Tilly Virchow Krause LLP
Address
205 N Michigan Ave 28th Floor, Chicago, IL 60601-5927
Preparer
Mark Heroux
Phone
3127298000
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1:

The computing technology industry association, inc. D/b/a comptia, is the voice of the world's information technology (it) industry. Its members are the companies at the forefront of innovation; and the professionals responsible for maximizing the benefits organizations receive from their investments in technology. Comptia is dedicated to advancing the industry growth through its educational programs, market research, networking events, professional certifications, and public policy advocacy.

Form 990, Part III, Line 4D:

RESEARCH - THE ASSOCIATION PROVIDES RELEVANT INDUSTRY RESEARCH FOR ITS MEMBERS FREE OF CHARGE. THE RESEARCH ADDRESSES A WIDE RANGE OF ISSUES COVERING TECHNOLOGY TRENDS, CHANNEL DYNAMICS, AND THE I.T. WORKFORCE EXPENSES. COMMUNITIES - THE ASSOCIATION PROVIDES 15 TECHNOLOGY INDUSTRY COMMUNITIES TO SERVE ITS MEMBERS. THESE COMMUNITY SERVICES ARE I.T. SERVICES AND SUPPORT COMMUNITY, MANAGED PRINT SERVICES COMMUNITY, MANAGED SERVICES COMMUNITY, ADVANCING WOMEN IN I.T. COMMUNITY, CLOUD COMMUNITY, I.T. SECURITY COMMUNITY, ANZ CHANNEL COMMUNITY, CANADIAN I.T. BUSINESS, FUTURE LEADERS, PARTNER ADVISORY COUNCIL, VENDOR ADVISORY COUNCIL, UK CHANNEL COMMUNITY, SLED PUBLIC SECTOR COUNCIL, HSITAG PUBLIC SECTOR COUNCIL and SPACE ENTERPRISE COUNCIL. PUBLIC ADVOCACY - AS A VOICE IN GOVERNMENT THE ASSOCIATION COORDINATES WITH ITS MEMBER COMPANIES TO PROVIDE EXPERT TESTIMONY AND WRITTEN COMMENTS ON VARIOUS I.T. INDUSTRY-RELATED MATTERS.

Form 990, Part IX, Line 11A and 11G:

In prior years CompTIA was reporting sub-contractor expense on line 11a. Beginning with 2015 return this type of expense will be reported on line 11g.

Form 990, Part XI, Line 9:

Other Changes in Net Assets or Fund Balances: Write-off of TechAmerica Foundation: ($177,084) Recovery of TechAmerica Goodwill: $18,080

Financial Statement Notes

Schedule D, Part X, Line 2:

The Association follows the accounting standards for contingencies in evaluating uncertain tax positions. The guidance prescribes recognition threshold principles for the financial statement recognition of tax positions taken or expected to be taken on a tax return that are not certain to be realized. No liability has been recognized by the Association for uncertain tax positions as of December 31, 2015 and 2014. The Association's tax returns are subject to review and examination by federal and state authorities. The tax returns for the current year as well as fiscal years 2012 and thereafter are open to examination by federal and state authorities.

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IRS990/Form990PartVIISectionAGrp/TitleTxt17Vice President Sales
IRS990/Form990PartVIISectionAGrp/TitleTxt18VP of Public Policy
IRS990/Form990PartVIISectionAGrp/TitleTxt19Senior VP - Industry Relations
IRS990/Form990PartVIISectionAGrp/TitleTxt20Executive VP - Global Sales
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$161$152$8.68$217$210$6.73
2023Detailed filing. Detailed filing data is available for this year.$152$153$1.18$166$174$7.85
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$71.6$54.9$16.7$145$137$7.56
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$57.1$44.4$12.7$123$120$2.63
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$49.8$38.4$11.5$103$82.3$20.9
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.8$28.7$2.08$86.1$87.4$1.28
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.1$27.3$8.78$81.8$78.3$3.50
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.5$25.7$7.79$68.4$66.6$1.81
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.7$15.3$12.4$65.1$63.1$1.98
2015Detailed filing. Detailed filing data is available for this year.$26.4$15.9$10.4$62.0$60.8$1.19
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$24.9$15.5$9.40$55.0$55.0$0.03
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$26.1$15.4$10.7$51.5$46.3$5.25
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.7$14.2$5.44$49.2
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.9$15.7$10.2$49.2
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$80.3$16.2$64.1$53.4