Civic Intelligence

Association for Contract Textiles Inc

990 • Fiscal year 2016 • EIN 13-3552952

Jan 01, 2016 to Dec 31, 2016 • Filed on May 04, 2017

PO Box 101981Fort Worth, TX 76185

(817) 924-8048

Siviq Scores

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

Liabilities / Assets

47th percentile

0.00x

Higher debt load relative to assets than 47% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

47th percentile

0.00x

Higher debt load relative to revenue than 47% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Net Margin

76th percentile

13%

Higher net margin than 76% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

97th percentile

$108,000

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 31.0% of source-year revenue.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Asset Growth

80th percentile

24%

Faster asset growth than 80% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

64th percentile

7.8%

Faster revenue growth than 64% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$242,907

Up $46,994 (+24%) from 2015

Net Assets

Up

$242,808

Up $46,979 (+24%) from 2015

Liabilities

Up

$99

Up $15 (+18%) from 2015

Revenue

Up

$348,135

Up $25,118 (+7.8%) from 2015

Expenses

Up

$301,156

Up $37,475 (+14%) from 2015

Net Income

Down

$46,979

Down $12,357 (-21%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $134,376Liabilities 2011: $56Net Assets 2011: $134,3202011Assets 2012: $127,091Liabilities 2012: $42Net Assets 2012: $127,0492012Assets 2013: $94,572Liabilities 2013: $42Net Assets 2013: $94,5302013Assets 2014: $136,535Liabilities 2014: $42Net Assets 2014: $136,4932014Assets 2015: $195,913Liabilities 2015: $84Net Assets 2015: $195,8292015Assets 2016: $242,907Liabilities 2016: $99Net Assets 2016: $242,8082016Assets 2017: $245,428Liabilities 2017: $0Net Assets 2017: $245,4282017Assets 2018: $340,586Liabilities 2018: $0Net Assets 2018: $340,5862018Assets 2019: $412,272Liabilities 2019: $0Net Assets 2019: $412,2722019Assets 2020: $385,285Liabilities 2020: $0Net Assets 2020: $385,2852020Assets 2021: $362,550Liabilities 2021: $0Net Assets 2021: $362,5502021Assets 2022: $268,988Liabilities 2022: $0Net Assets 2022: $268,9882022Assets 2023: $308,290Liabilities 2023: $0Net Assets 2023: $308,2902023Assets 2024: $323,622Liabilities 2024: $414Net Assets 2024: $323,2082024

Highlighted filing

2016

Assets$242,907
Liabilities$99
Net Assets$242,808

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $200,4992011Expenses 2012: $228,6352012Revenue 2013: $233,178Expenses 2013: $265,697Net Income 2013: -$32,5192013Revenue 2014: $283,056Expenses 2014: $241,093Net Income 2014: $41,9632014Revenue 2015: $323,017Expenses 2015: $263,681Net Income 2015: $59,3362015Revenue 2016: $348,135Expenses 2016: $301,156Net Income 2016: $46,9792016Revenue 2017: $408,376Expenses 2017: $405,756Net Income 2017: $2,6202017Revenue 2018: $471,267Expenses 2018: $376,109Net Income 2018: $95,1582018Revenue 2019: $481,605Expenses 2019: $409,919Net Income 2019: $71,6862019Revenue 2020: $301,605Expenses 2020: $328,592Net Income 2020: -$26,9872020Revenue 2021: $330,364Expenses 2021: $353,099Net Income 2021: -$22,7352021Revenue 2022: $423,770Expenses 2022: $517,332Net Income 2022: -$93,5622022Revenue 2023: $506,676Expenses 2023: $467,374Net Income 2023: $39,3022023Revenue 2024: $533,895Expenses 2024: $518,977Net Income 2024: $14,9182024

Highlighted filing

2016

Revenue$348,135
Expenses$301,156
Net Income$46,979
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 4, 2017
Return Version
2016v3.0
Gross Receipts
$348,135
Mission and Program Overview

Mission

Association for Contract Textiles, Inc. (ACT) is a professional trade association comprised of companies involved in the design, development, production and promotion of textiles for commercial interiors, whose mission is to promote the value of contract textiles through five goals: establish and promote voluntary performance and environmental guidelines, serve as the definitive resource for contract textile information and education, monitor and report legislation affecting the contract textile industry, support textile design education and vocation and serve as a forum for design professionals to provide input regarding their use of textiles for commercial interiors.

Association for Contract Textiles, Inc. (ACT) is a professional trade association whose mission is to promote the value of contract textiles as more fully described under Part III, Line 1.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$188,244$236,723▲ $48,479
Land, Buildings, and Equipment, Net$7,669$6,184▼ $1,485
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$195,913$242,907▲ $46,994
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$84$99▲ $15
Total Liabilities$84$99▲ $15
Net Assets / Fund Balance
Unrestricted Net Assets$195,829$242,808▲ $46,979
Total Net Assets Fund Balance$195,829$242,808▲ $46,979
Total Liabilities and Net Assets / Fund Balance$195,913$242,907▲ $46,994

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$6,184$16,087$22,271
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Janan RabiahExecutive DirecFT$108,000$108,000

Board Members and Trustees

NameTitle
John RowanPast President
Mary Jo MillerPresident
Amanda EatonVice President
Karen EdwardsVice President
Annette SchaichDirector
Barb TaskerDirector
Hank Truslow JrDirector
Machell AppleDirector
Karen KeatingSecretary
Eduardo ElizondoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$15,000
Program Service Revenue
$333,106
Investment Income
$29
Other Revenue
$0
All Other Contributions
$15,000
Change in Net Assets
$46,979
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$180,120
Salaries, Compensation, and Employee Benefits$121,036
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$108,000
Conferences and Meetings---$82,311
Fees for Services Other---$21,541
Office Expenses---$11,733
Travel---$8,739
Payroll Taxes---$8,720
Fees for Services Legal---$5,000
Other Salaries and Wages---$4,316
Fees for Services Accounting---$4,050
Insurance---$3,743
Other Expenses---$3,183
Information Technology---$1,735
Depreciation Depletion---$1,485
Advertising---$1,021
All Other Expenses---$201
Total Functional Expenses$0$0$0$301,156
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

Members are defined in four categories. Principal Members are the only voting members and consist of textile companies whose primary business is the design, sale and distribution at wholesale of interior furnishings textiles normally marketed on a contract basis to the architectural and design community. Furniture Associate Members are furniture manufacturers who are engaged in the use of interior furnishings textiles normally marketed on a contract basis. Industry Partners are mills, fiber companies, finishers, sample makers, testing labs and other companies that provide products or services to the contract textile industry. Industry Individuals are textile designers, technical consultants, public relations consultants and other consultants to the contract textile industry.

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 is prepared by an independent CPA and reviewed by the Executive Director prior to filing.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

As documented in Board minutes, The Board of Directors determines, deliberates and approves the amount of compensation to be paid to the Executive Director annually during its October or November board meeting for the following calendar year, based on comparable salaries in the industry.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Association for Contract Textiles Inc
EIN
13-3552952
Phone
8179248048
Address
PO Box 101981, Fort Worth, TX 76185

Signing Officer

Name
Eduardo Elizondo
Title
Treasurer
Signed
2017-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Jo Miller
Formed
1985
Legal Domicile
TX
Voting Board Members
10
Independent Board Members
10
Employees
2

Preparer

Firm
Mary B Clarke CPA
Address
500 W 7th Street Suite 900 / Unit 5, Ft Worth, TX 76102
Preparer
Mary B Clarke
Phone
8176322500
Raw XML Appendix389 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.

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IRS990/OtherExpensesGrp/TotalAmt33183
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt04316
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt08720
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Mary Jo Miller
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Conference Fees
IRS990/ProgramServiceRevenueGrp/Desc1Educational Seminars
IRS990/ProgramServiceRevenueGrp/Desc2Membership Dues & Assessments
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0100105
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt15763
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2227238
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0100105
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15763
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2227238
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt015250
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt016
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0140742
IRS990/PYProgramServiceRevenueAmt0307751
IRS990/PYRevenuesLessExpensesAmt059336
IRS990/PYSalariesCompEmpBnftPaidAmt0122939
IRS990/PYTotalExpensesAmt0263681
IRS990/PYTotalRevenueAmt0323017
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt046979
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0188244
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0236723
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06184
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt016087
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt022271
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06184
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Members are defined in four categories. Principal Members are the only voting members and consist of textile companies whose primary business is the design, sale and distribution at wholesale of interior furnishings textiles normally marketed on a contract basis to the architectural and design community. Furniture Associate Members are furniture manufacturers who are engaged in the use of interior furnishings textiles normally marketed on a contract basis. Industry Partners are mills, fiber companies, finishers, sample makers, testing labs and other companies that provide products or services to the contract textile industry. Industry Individuals are textile designers, technical consultants, public relations consultants and other consultants to the contract textile industry.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990 is prepared by an independent CPA and reviewed by the Executive Director prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2As documented in Board minutes, The Board of Directors determines, deliberates and approves the amount of compensation to be paid to the Executive Director annually during its October or November board meeting for the following calendar year, based on comparable salaries in the industry.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0195913
IRS990/TotalAssetsEOYAmt0242907
IRS990/TotalAssetsGrp/BOYAmt0195913
IRS990/TotalAssetsGrp/EOYAmt0242907
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt015000
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0301156
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt084
IRS990/TotalLiabilitiesEOYAmt099
IRS990/TotalLiabilitiesGrp/BOYAmt084
IRS990/TotalLiabilitiesGrp/EOYAmt099
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0195829
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0242808
IRS990/TotalProgramServiceRevenueAmt0333106
IRS990/TotalReportableCompFromOrgAmt0108000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0333135
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0348135
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0195913
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0242907
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt08739
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0195829
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0242808
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 8
IRS990/USAddress/CityNm0Hickory
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028603
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0www.contracttextiles.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Eduardo Elizondo
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Association for Contract Textiles Inc
ReturnHeader/Filer/BusinessNameControlTxt0ASSO
ReturnHeader/Filer/EIN0133552952
ReturnHeader/Filer/PhoneNum08179248048
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 101981
ReturnHeader/Filer/USAddress/CityNm0Fort Worth
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd076185
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Mary B Clarke CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0500 W 7th Street Suite 900 / Unit 5
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Ft Worth
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd076102
ReturnHeader/PreparerPersonGrp/PhoneNum08176322500
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Mary B Clarke
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-05-04T12:40:45-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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.$3.24$0.00$3.23$5.34$5.19$0.15
2023Detailed filing. Detailed filing data is available for this year.$3.08$0.00$3.08$5.07$4.67$0.39
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.69$0.00$2.69$4.24$5.17$0.94
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.63$0.00$3.63$3.30$3.53$0.23
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.85$0.00$3.85$3.02$3.29$0.27
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.12$0.00$4.12$4.82$4.10$0.72
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.41$0.00$3.41$4.71$3.76$0.95
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.45$0.00$2.45$4.08$4.06$0.03
2016Detailed filing. Detailed filing data is available for this year.$2.43$0.00$2.43$3.48$3.01$0.47
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.96$0.00$1.96$3.23$2.64$0.59
2014Detailed filing. Detailed filing data is available for this year.$1.37$0.00$1.36$2.83$2.41$0.42
2013Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$2.33$2.66$0.33
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$0.00$1.27$2.29
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.34$0.00$1.34$2.00