Civic Intelligence

Direct Response Forum Inc

990 • Fiscal year 2017 • EIN 06-1377469

Oct 01, 2016 to Sep 30, 2017 • Filed on Jan 31, 2018

Organization ProfileWWW.PAYMENTSED.ORG
342 North Main StreetWest Hartford, CT 06117-2507

(860) 586-7506

Siviq Scores

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

Liabilities / Assets

34th percentile

0.02x

Higher debt load relative to assets than 34% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

28th percentile

0.01x

Higher debt load relative to revenue than 28% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Net Margin

82nd percentile

17%

Higher net margin than 82% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

48th percentile

$55,000

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 10.1% of source-year revenue.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Asset Growth

95th percentile

56%

Faster asset growth than 95% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

89th percentile

28%

Faster revenue growth than 89% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets34th percentile

Assets

Up

$211,737

Up $75,911 (+56%) from 2016

Net Assets

Up

$208,492

Up $91,778 (+79%) from 2016

Liabilities

Down

$3,245

Down $15,867 (-83%) from 2016

Revenue And Expenses
Liabilities / Revenue28th percentileNet Margin82nd percentile

Revenue

Up

$545,265

Up $118,835 (+28%) from 2016

Expenses

Down

$453,487

Down $37,776 (-7.7%) from 2016

Net Income

Up

$91,778

Up $156,611 (+242%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

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

$800K$600K$400K$200K$0Assets 2010: $569,083Liabilities 2010: $3,011Net Assets 2010: $566,0722010Assets 2011: $617,907Liabilities 2011: $7,923Net Assets 2011: $609,9842011Assets 2012: $565,494Liabilities 2012: $13,972Net Assets 2012: $551,5222012Assets 2013: $474,805Liabilities 2013: $660Net Assets 2013: $474,1452013Assets 2014: $300,168Liabilities 2014: $11,949Net Assets 2014: $288,2192014Assets 2015: $183,487Liabilities 2015: $1,940Net Assets 2015: $181,5472015Assets 2016: $135,826Liabilities 2016: $19,112Net Assets 2016: $116,7142016Assets 2017: $211,737Liabilities 2017: $3,245Net Assets 2017: $208,4922017Assets 2018: $266,414Liabilities 2018: $0Net Assets 2018: $266,4142018Assets 2019: $299,644Liabilities 2019: $502Net Assets 2019: $299,1422019Assets 2020: $401,715Liabilities 2020: $17,418Net Assets 2020: $384,2972020Assets 2021: $387,253Liabilities 2021: $12,045Net Assets 2021: $375,2082021Assets 2022: $590,931Liabilities 2022: $111,749Net Assets 2022: $479,1822022Assets 2023: $539,984Liabilities 2023: $738Net Assets 2023: $539,2462023Assets 2024: $621,756Liabilities 2024: $4,584Net Assets 2024: $617,1722024

Highlighted filing

2017

Assets$211,737
Liabilities$3,245
Net Assets$208,492
Open 2017 Filing

Operations Trend

Revenue Growth89th percentile

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

$1.0M$500K$0-$500KRevenue 2010: $398,526Expenses 2010: $356,185Net Income 2010: $42,3412010Revenue 2011: $416,935Expenses 2011: $373,025Net Income 2011: $43,9102011Expenses 2012: $472,1312012Revenue 2013: $405,211Expenses 2013: $485,754Net Income 2013: -$80,5432013Revenue 2014: $396,780Expenses 2014: $582,706Net Income 2014: -$185,9262014Revenue 2015: $344,560Expenses 2015: $451,232Net Income 2015: -$106,6722015Revenue 2016: $426,430Expenses 2016: $491,263Net Income 2016: -$64,8332016Revenue 2017: $545,265Expenses 2017: $453,487Net Income 2017: $91,7782017Revenue 2018: $544,612Expenses 2018: $486,690Net Income 2018: $57,9222018Revenue 2019: $618,155Expenses 2019: $585,427Net Income 2019: $32,7282019Revenue 2020: $349,000Expenses 2020: $263,845Net Income 2020: $85,1552020Revenue 2021: $290,291Expenses 2021: $299,380Net Income 2021: -$9,0892021Revenue 2022: $581,152Expenses 2022: $477,178Net Income 2022: $103,9742022Revenue 2023: $596,605Expenses 2023: $536,541Net Income 2023: $60,0642023Revenue 2024: $609,619Expenses 2024: $531,693Net Income 2024: $77,9262024

Highlighted filing

2017

Revenue$545,265
Expenses$453,487
Net Income$91,778
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Jan 31, 2018
Return Version
2016v3.1
Gross Receipts
$545,265
Mission and Program Overview

Mission

Annual educational forum providing education in the area of payment processing for merchants selling primarily via ecommerce and call centers

Annual educational forum providing education in the area of payment processing for merchants selling primarily via ecommerce and call centers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$125,226$175,589▲ $50,363
Prepaid Expenses and Deferred Charges-$21,348-
Accounts Receivable$10,600$14,800▲ $4,200
Total Assets$135,826$211,737▲ $75,911
Liabilities
Accounts Payable and Accrued Expenses$19,112$3,245▼ $15,867
Total Liabilities$19,112$3,245▼ $15,867
Net Assets / Fund Balance
Unrestricted Net Assets$116,714$208,492▲ $91,778
Total Net Assets Fund Balance$116,714$208,492▲ $91,778
Total Liabilities and Net Assets / Fund Balance$135,826$211,737▲ $75,911
Compensation and Service Providers
Top Officer Pay48th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Laura LivelyExecutive DiFT$55,000$55,000

Board Members and Trustees

NameTitle
Jay MatthewsChairman
Scott AdamsVice Chair
Brynn StenslieDirector
Caleb CallahanDirector
Derek BlatterDirector
Destine BorchardtDirector
Joshua KarolyDirector
Kevin SalernoDirector
Melissa JoynerDirector
Brian KehnImmediate Pa
Barbara HvastaSecretary
Josh MathersTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$229,500
Program Service Revenue
$315,765
Investment Income
$0
Other Revenue
$0
All Other Contributions
$229,500
Change in Net Assets
$91,778
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$453,487
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$311,887--$311,887
Fees for Services Other-$55,000-$55,000
Conferences and Meetings$40,225--$40,225
Fees for Services Management-$29,487-$29,487
Information Technology-$6,146-$6,146
Advertising-$3,177-$3,177
Office Expenses-$3,161-$3,161
Insurance-$2,690-$2,690
Fees for Services Legal-$1,000-$1,000
Occupancy-$514-$514
Travel-$200-$200
Total Functional Expenses$352,112$101,375$0$453,487
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
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“Members have the right to participate in the organization's governance, elect the members of the governing body, and approve significant decisions of the organization”

Form 990, Page 6, Part VI, Line 7A

“The organization has a merchant board of directors as its governing body. The board votes on general board seats and executive board seats.”

Form 990, Page 6, Part VI, Line 7B

“Filling of board seats is by board vote, without need for additional approval. The executive board makes operating decisions as they pertain to the ongoing operations of the organization.”

Form 990, Page 6, Part VI, Line 11B

“Form 990 is reviewed and approved by the entire executive committee before filing. Financial statements of the organization are reviewed by the board at monthly meetings.”

Form 990, Page 6, Part VI, Line 15A

“The organization does not have a process for determining compensation since it has no paid officers or directors.”

Form 990, Page 6, Part VI, Line 19

“The merchant board is comprised of 11 merchant members. The roles and responsibilites of executive board positions are outlined in the organization's website under 'about-merchant board' governance documents and financial statements are not publicly available.”

Filing and Contact Details

Filer

Filer Name
Paymentsed Forum Inc
EIN
06-1377469
Phone
8605867506
Address
342 NORTH MAIN STREET, WEST HARTFORD, CT 06117-2507

Signing Officer

Name
Jay Matthews
Title
Chairman
Phone
8605867500
Signed
2018-01-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jay Matthews
Formed
1989
Legal Domicile
Wi
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
30

Preparer

Firm
Budwitz & Meyerjack Pc
Address
322 MAIN ST, FARMINGTON, CT 06032
Preparer
Scott Burleigh CPA
Phone
8606778303
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“MARKETING 0 55,000 0”

Raw XML Appendix342 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt019112
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt03245
IRS990/AccountsReceivableGrp/BOYAmt010600
IRS990/AccountsReceivableGrp/EOYAmt014800
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ANNUAL EDUCATIONAL FORUM PROVIDING EDUCATION IN THE AREA OF PAYMENT PROCESSING FOR MERCHANTS SELLING PRIMARILY VIA ECOMMERCE AND CALL CENTERS.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt03177
IRS990/AdvertisingGrp/TotalAmt03177
IRS990/AllOtherContributionsAmt0229500
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ASSOCIATION RESOURCES INC
IRS990/BooksInCareOfDetail/PhoneNum08605867500
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0342 NORTH MAIN STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0WEST HARTFORD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0061172507
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0125226
IRS990/CashNonInterestBearingGrp/EOYAmt0175589
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt040225
IRS990/ConferencesMeetingsGrp/TotalAmt040225
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0229500
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0453487
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0315765
IRS990/CYRevenuesLessExpensesAmt091778
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0453487
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0545265
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0PAYMENTSED FORUM PROVIDES AN ANNUAL FORUM FOR EDUCATION AND NETWORKING BY MERCHANT PAYMENT PROFESSIONALS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/ExpenseAmt0352112
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01000
IRS990/FeesForServicesLegalGrp/TotalAmt01000
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt029487
IRS990/FeesForServicesManagementGrp/TotalAmt029487
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt055000
IRS990/FeesForServicesOtherGrp/TotalAmt055000
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt122.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/PersonNm0LAURA LIVELY
IRS990/Form990PartVIISectionAGrp/PersonNm1JAY MATTHEWS
IRS990/Form990PartVIISectionAGrp/PersonNm2JOSH MATHERS
IRS990/Form990PartVIISectionAGrp/PersonNm3BARBARA HVASTA
IRS990/Form990PartVIISectionAGrp/PersonNm4KEVIN SALERNO
IRS990/Form990PartVIISectionAGrp/PersonNm5DEREK BLATTER
IRS990/Form990PartVIISectionAGrp/PersonNm6DESTINE BORCHARDT
IRS990/Form990PartVIISectionAGrp/PersonNm7CALEB CALLAHAN
IRS990/Form990PartVIISectionAGrp/PersonNm8JOSHUA KAROLY
IRS990/Form990PartVIISectionAGrp/PersonNm9BRIAN KEHN
IRS990/Form990PartVIISectionAGrp/PersonNm10MELISSA JOYNER
IRS990/Form990PartVIISectionAGrp/PersonNm11BRYNN STENSLIE
IRS990/Form990PartVIISectionAGrp/PersonNm12SCOTT ADAMS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt055000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9IMMEDIATE PA
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE CHAIR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01989
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0545265
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt012
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt06146
IRS990/InformationTechnologyGrp/TotalAmt06146
IRS990/InsuranceGrp/ManagementAndGeneralAmt02690
IRS990/InsuranceGrp/TotalAmt02690
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0WI
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ANNUAL EDUCATIONAL FORUM PROVIDING EDUCATION IN THE AREA OF PAYMENT PROCESSING FOR MERCHANTS SELLING PRIMARILY VIA ECOMMERCE AND CALL CENTERS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0116714
IRS990/NetAssetsOrFundBalancesEOYAmt0208492
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0514
IRS990/OccupancyGrp/TotalAmt0514
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03161
IRS990/OfficeExpensesGrp/TotalAmt03161
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0ANNUAL FORUM
IRS990/OtherExpensesGrp/ProgramServicesAmt0311887
IRS990/OtherExpensesGrp/TotalAmt0311887
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt021348
IRS990/PrincipalOfficerNm0JAY MATTHEWS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0FORUM REGISTRATION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0315765
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0315765
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0199000
IRS990/PYOtherExpensesAmt0491263
IRS990/PYProgramServiceRevenueAmt0227430
IRS990/PYRevenuesLessExpensesAmt0-64833
IRS990/PYTotalExpensesAmt0491263
IRS990/PYTotalRevenueAmt0426430
IRS990/ReconcilationRevenueExpnssAmt091778
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0315765
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS HAVE THE RIGHT TO PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE, ELECT THE MEMBERS OF THE GOVERNING BODY, AND APPROVE SIGNIFICANT DECISIONS OF THE ORGANIZATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS A MERCHANT BOARD OF DIRECTORS AS ITS GOVERNING BODY. THE BOARD VOTES ON GENERAL BOARD SEATS AND EXECUTIVE BOARD SEATS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FILLING OF BOARD SEATS IS BY BOARD VOTE, WITHOUT NEED FOR ADDITIONAL APPROVAL. THE EXECUTIVE BOARD MAKES OPERATING DECISIONS AS THEY PERTAIN TO THE ONGOING OPERATIONS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS REVIEWED AND APPROVED BY THE ENTIRE EXECUTIVE COMMITTEE BEFORE FILING. FINANCIAL STATEMENTS OF THE ORGANIZATION ARE REVIEWED BY THE BOARD AT MONTHLY MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION DOES NOT HAVE A PROCESS FOR DETERMINING COMPENSATION SINCE IT HAS NO PAID OFFICERS OR DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE MERCHANT BOARD IS COMPRISED OF 11 MERCHANT MEMBERS. THE ROLES AND RESPONSIBILITES OF EXECUTIVE BOARD POSITIONS ARE OUTLINED IN THE ORGANIZATION'S WEBSITE UNDER 'ABOUT-MERCHANT BOARD' GOVERNANCE DOCUMENTS AND FINANCIAL STATEMENTS ARE NOT PUBLICLY AVAILABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MARKETING 0 55,000 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0135826
IRS990/TotalAssetsEOYAmt0211737
IRS990/TotalAssetsGrp/BOYAmt0135826
IRS990/TotalAssetsGrp/EOYAmt0211737
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0229500
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0101375
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0352112
IRS990/TotalFunctionalExpensesGrp/TotalAmt0453487
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt019112
IRS990/TotalLiabilitiesEOYAmt03245
IRS990/TotalLiabilitiesGrp/BOYAmt019112
IRS990/TotalLiabilitiesGrp/EOYAmt03245
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0116714
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0208492
IRS990/TotalProgramServiceExpensesAmt0352112
IRS990/TotalProgramServiceRevenueAmt0315765
IRS990/TotalReportableCompFromOrgAmt055000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0315765
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0545265
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0135826
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0211737
IRS990/TravelGrp/ManagementAndGeneralAmt0200
IRS990/TravelGrp/TotalAmt0200
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0116714
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0208492
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt010220 SHILOH STREET
IRS990/USAddress/CityNm0FAIRFAX
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd022030
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0WWW.PAYMENTSED.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JAY MATTHEWS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum08605867500
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-01-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PAYMENTSED FORUM INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O ASSOCIATION RESOURCES
ReturnHeader/Filer/BusinessNameControlTxt0PAYM
ReturnHeader/Filer/EIN0061377469
ReturnHeader/Filer/PhoneNum08605867506
ReturnHeader/Filer/USAddress/AddressLine1Txt0342 NORTH MAIN STREET
ReturnHeader/Filer/USAddress/CityNm0WEST HARTFORD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd0061172507
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0D423C67C68441D3BC4DEF05DF70C17CFEA7D150D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0EA9EB8603D56CDF9BE5AB69E0EEB641F79C8D406
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0061218594
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BUDWITZ & MEYERJACK PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0322 MAIN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FARMINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006032
ReturnHeader/PreparerPersonGrp/PhoneNum08606778303
ReturnHeader/PreparerPersonGrp/PreparationDt02018-01-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SCOTT BURLEIGH CPA
ReturnHeader/ReturnTs02018-02-15T08:34:30-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-10-01
ReturnHeader/TaxPeriodEndDt02017-09-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$211,737
Liabilities
$3,245
Net assets
$208,492
Revenue
$545,265
Expenses
$453,487
Net income
$91,778
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.22$0.05$6.17$6.10$5.32$0.78
2023Detailed filing. Detailed filing data is available for this year.$5.40$0.01$5.39$5.97$5.37$0.60
2022Detailed filing. Detailed filing data is available for this year.$5.91$1.12$4.79$5.81$4.77$1.04
2021Detailed filing. Detailed filing data is available for this year.$3.87$0.12$3.75$2.90$2.99$0.09
2020Detailed filing. Detailed filing data is available for this year.$4.02$0.17$3.84$3.49$2.64$0.85
2019Detailed filing. Detailed filing data is available for this year.$3.00$0.01$2.99$6.18$5.85$0.33
2018Detailed filing. Detailed filing data is available for this year.$2.66$0.00$2.66$5.45$4.87$0.58
2017Detailed filing. Detailed filing data is available for this year.$2.12$0.03$2.08$5.45$4.53$0.92
2016Summary only. Only limited summary data is available for this year.$1.36$0.19$1.17$4.26$4.91$0.65
2015Detailed filing. Detailed filing data is available for this year.$1.83$0.02$1.82$3.45$4.51$1.07
2014Detailed filing. Detailed filing data is available for this year.$3.00$0.12$2.88$3.97$5.83$1.86
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.75$0.01$4.74$4.05$4.86$0.81
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.65$0.14$5.52$4.72
2011Summary only. Only limited summary data is available for this year.$6.18$0.08$6.10$4.17$3.73$0.44
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.69$0.03$5.66$3.99$3.56$0.42