Civic Intelligence

Flexographic Technical Association Inc

990 • Fiscal year 2021 • EIN 13-6115702

Jan 01, 2021 to Dec 31, 2021 • Filed on May 27, 2022

Organization ProfileWWW.FLEXOGRAPHY.ORG

View Organization Page

3920 Veterans Memorial Hwy Suite 9Bohemia, NY 11716

(631) 737-6020

Siviq Scores

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

Liabilities / Assets

26th percentile

0.03x

Higher debt load relative to assets than 26% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

38th percentile

0.11x

Higher debt load relative to revenue than 38% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Net Margin

83rd percentile

28%

Higher net margin than 83% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

39th percentile

7.8%

Faster asset growth than 39% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

64th percentile

18%

Faster revenue growth than 64% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets26th percentile

Assets

Up

$2,654,896

Up $192,560 (+7.8%) from 2020

Net Assets

Up

$2,582,021

Up $187,975 (+7.9%) from 2020

Liabilities

Up

$72,875

Up $4,585 (+6.7%) from 2020

Revenue And Expenses
Liabilities / Revenue38th percentileNet Margin83rd percentile

Revenue

Up

$666,931

Up $100,329 (+18%) from 2020

Expenses

Down

$478,956

Down $45,959 (-8.8%) from 2020

Net Income

Up

$187,975

Up $146,288 (+351%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth39th percentile

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

$3.0M$2.0M$1.0M$0Assets 2010: $1,736,398Liabilities 2010: $165,938Net Assets 2010: $1,570,4602010Assets 2011: $1,806,452Liabilities 2011: $233,690Net Assets 2011: $1,572,7622011Assets 2012: $1,686,511Liabilities 2012: $170,837Net Assets 2012: $1,515,6742012Assets 2013: $1,655,552Liabilities 2013: $197,287Net Assets 2013: $1,458,2652013Assets 2014: $1,632,647Liabilities 2014: $152,640Net Assets 2014: $1,480,0072014Assets 2015: $1,829,777Liabilities 2015: $170,646Net Assets 2015: $1,659,1312015Assets 2016: $2,002,692Liabilities 2016: $119,298Net Assets 2016: $1,883,3942016Assets 2017: $2,252,436Liabilities 2017: $124,670Net Assets 2017: $2,127,7662017Assets 2018: $2,291,675Liabilities 2018: $64,195Net Assets 2018: $2,227,4802018Assets 2019: $2,429,067Liabilities 2019: $76,708Net Assets 2019: $2,352,3592019Assets 2020: $2,462,336Liabilities 2020: $68,290Net Assets 2020: $2,394,0462020Assets 2021: $2,654,896Liabilities 2021: $72,875Net Assets 2021: $2,582,0212021Assets 2022: $2,705,191Liabilities 2022: $176,676Net Assets 2022: $2,528,5152022Assets 2023: $2,770,667Liabilities 2023: $159,822Net Assets 2023: $2,610,8452023Assets 2024: $2,877,356Liabilities 2024: $194,520Net Assets 2024: $2,682,8362024

Highlighted filing

2021

Assets$2,654,896
Liabilities$72,875
Net Assets$2,582,021
Open 2021 Filing

Operations Trend

Revenue Growth64th percentile

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $575,4922010Revenue 2011: $668,533Expenses 2011: $666,230Net Income 2011: $2,3032011Revenue 2012: $622,844Expenses 2012: $679,932Net Income 2012: -$57,0882012Revenue 2013: $661,596Expenses 2013: $719,005Net Income 2013: -$57,4092013Revenue 2014: $657,218Expenses 2014: $635,476Net Income 2014: $21,7422014Revenue 2015: $657,870Expenses 2015: $478,746Net Income 2015: $179,1242015Revenue 2016: $692,137Expenses 2016: $467,874Net Income 2016: $224,2632016Revenue 2017: $693,803Expenses 2017: $449,431Net Income 2017: $244,3722017Revenue 2018: $639,946Expenses 2018: $540,232Net Income 2018: $99,7142018Revenue 2019: $618,379Expenses 2019: $493,500Net Income 2019: $124,8792019Revenue 2020: $566,602Expenses 2020: $524,915Net Income 2020: $41,6872020Revenue 2021: $666,931Expenses 2021: $478,956Net Income 2021: $187,9752021Revenue 2022: $475,196Expenses 2022: $528,702Net Income 2022: -$53,5062022Revenue 2023: $533,899Expenses 2023: $451,569Net Income 2023: $82,3302023Revenue 2024: $521,682Expenses 2024: $449,691Net Income 2024: $71,9912024

Highlighted filing

2021

Revenue$666,931
Expenses$478,956
Net Income$187,975
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 27, 2022
Return Version
2021v4.0
Gross Receipts
$666,931
Mission and Program Overview

Mission

Flexographic technical association, inc.'s primary goal is to provide a platform for flexographers to network, learn and exchange ideas all in the name of advancing the art and science of the flexographic print process.

Founded in 1958, the flexographic technical association (fta) is the world's leading professional society dedicated to the advancement of the flexographic printing industry. Fta represents nearly 1,300 members encompassing all aspects of the flexographic printing supply chain. Our members include printers/converters, consumer products companies, prepress providers, suppliers, graphic design firms, consultants, educators and students. Together, we provide a wealth of products, services and shared cutting-edge knowledge to the flexo industry. Fta's primary goal is to provide a platform for flexographers to network, learn and exchange ideas all in the name of advancing the art and science of the flexographic print process.

Balance Sheet Detail
LineBeginningEndChange
Assets
Prepaid Expenses and Deferred Charges$22,729$14,548▼ $8,181
Cash and Non-Interest-Bearing Accounts$1,900$10,800▲ $8,900
Land, Buildings, and Equipment, Net$2,331--
Total Assets$2,462,336$2,654,896▲ $192,560
Other Assets Total$2,435,376$2,629,548▲ $194,172
Liabilities
Deferred Revenue$27,595$36,618▲ $9,023
Accounts Payable and Accrued Expenses$40,695$36,257▼ $4,438
Total Liabilities$68,290$72,875▲ $4,585
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,394,046$2,582,021▲ $187,975
Total Net Assets Fund Balance$2,394,046$2,582,021▲ $187,975
Total Liabilities and Net Assets / Fund Balance$2,462,336$2,654,896▲ $192,560

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$10,655$10,655
Other Assets Org$2,629,548--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joseph TuccittoEducation DiPT$9,170$177,940$187,110
Jay KaibleBusiness DevPT$36,475$113,373$149,848
Brad ParesoDirector ofPT$27,687$95,704$123,391
Mark CisterninoPresidentPT$55,845$924$56,769
Joseph TuccittoEducation Director-$9,170$186$9,356

Board Members and Trustees

NameTitle
Jennye ScottBoard Chair
Paul TeachoutBoard Chair-
Jeff DietzVice Chair
Kim MadiganVice Chair
Sean TeuflerVice Chair
Bob CoomesBoard Member
Dale WalbertBoard Member
Dan BlackburnBoard Member
Doug BartlettBoard Member
Johnny DyePast Board C
Keith NagleTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$89,165
Program Service Revenue
$577,766
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$187,975

Audited Revenue Reconciliation

Revenue per Audited Statements
$666,931
Total Revenue per Audited Statements
$666,931
Total Revenue per Form 990
$666,931
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$311,476
Other Expenses$167,480
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$154,273$46,524-$200,797
Current Officers, Directors, Trustees, and Key Employees$18,615$37,230-$55,845
Fees for Services Other$44,100--$44,100
Other Employee Benefits$17,885$17,734-$35,619
Occupancy$15,024$7,278-$22,302
Insurance-$21,849-$21,849
Payroll Taxes$12,752$6,463-$19,215
Fees for Services Accounting-$13,414-$13,414
Advertising$12,048--$12,048
Office Expenses$439$7,275-$7,714
Other Expenses$7,427$7,781-$7,427
All Other Expenses$650$4,851-$5,501
Depreciation Depletion-$636-$636
Total Functional Expenses$307,921$171,035$0$478,956

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$478,956
Total Expenses per Audited Statements$478,956
Total Expenses per Form 990$478,956
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
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
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, Page 6, Part VI, Line 11B

“The organization distributed the draft of form 990 to the board members for their review and approval. Board members respond back with any questions or comments that are addressed. After all comments are addressed the form 990 is electronically filed with the irs.”

Form 990, Page 6, Part VI, Line 12C

“All board members sign an acceptance document agreeing to abide by the conflict of interest policy. The policy statement resides on the organizational protected website (sharepoint) for access at any time. Board members, officers, key employees and directors are free to disclose any perceived conflicts of interest at any time by contacting the president, chairman of the board or chair-elect. Immediate action will then be taken. When a board member indicates a potential conflict, that individual is immediately removed from any and all discussions, deliberations and/or decisions on the particular issue.”

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

“The president's compensation is reviewed annually by a compensation committee made up of board members. Performance is considered along with the availability of finances to support any potential increase. Independent salary surveys are consulted that include organizations specific to the non-profit community in the greater new york metropolitan area.”

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

“Other key employees are reviewed annually by the president utilizing a similar process to the above.”

Form 990, Page 6, Part VI, Line 19

“The governing documents, conflicts of interest policy and financial statements are available upon request. In addition, the organization's 990 is available on guidestar.”

Filing and Contact Details

Filer

Filer Name
Flexographic Technical
EIN
13-6115702
Phone
6317376020
Address
3920 VETERANS MEMORIAL HWY SUITE 9, BOHEMIA, NY 11716

Signing Officer

Name
Mark Cisternino
Title
President
Phone
6317376020
Signed
2022-05-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Cisternino
Formed
1958
Legal Domicile
Ny
Voting Board Members
12
Independent Board Members
12
Employees
4
Volunteers
75

Preparer

Firm
Cullen & Danowski Llp
Address
1650 ROUTE 112, PORT JEFFERSON STA, NY 11776-3060
Preparer
Jill S Sanders CPA
Phone
6314733400
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IRS990/ActivityOrMissionDesc0FOUNDED IN 1958, THE FLEXOGRAPHIC TECHNICAL ASSOCIATION (FTA) IS THE WORLD'S LEADING PROFESSIONAL SOCIETY DEDICATED TO THE ADVANCEMENT OF THE FLEXOGRAPHIC PRINTING INDUSTRY. FTA REPRESENTS NEARLY 1,300 MEMBERS ENCOMPASSING ALL ASPECTS OF THE FLEXOGRAPHIC PRINTING SUPPLY CHAIN. OUR MEMBERS INCLUDE PRINTERS/CONVERTERS, CONSUMER PRODUCTS COMPANIES, PREPRESS PROVIDERS, SUPPLIERS, GRAPHIC DESIGN FIRMS, CONSULTANTS, EDUCATORS AND STUDENTS. TOGETHER, WE PROVIDE A WEALTH OF PRODUCTS, SERVICES AND SHARED CUTTING-EDGE KNOWLEDGE TO THE FLEXO INDUSTRY. FTA'S PRIMARY GOAL IS TO PROVIDE A PLATFORM FOR FLEXOGRAPHERS TO NETWORK, LEARN AND EXCHANGE IDEAS ALL IN THE NAME OF ADVANCING THE ART AND SCIENCE OF THE FLEXOGRAPHIC PRINT PROCESS.
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IRS990/MissionDesc0FLEXOGRAPHIC TECHNICAL ASSOCIATION, INC.'S PRIMARY GOAL IS TO PROVIDE A PLATFORM FOR FLEXOGRAPHERS TO NETWORK, LEARN AND EXCHANGE IDEAS ALL IN THE NAME OF ADVANCING THE ART AND SCIENCE OF THE FLEXOGRAPHIC PRINT PROCESS.
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IRS990/ProgSrvcAccomActy2Grp/Desc0CONFERENCES, SEMINARS AND WORKSHOPS - EVENTS SPONSORED BY THE ASSOCIATION AND ATTENDED BY MEMBERS TO PROMOTE THE FLEXOGRAPHIC INDUSTRY IN THE COMMUNITY.
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MARK CISTERNINO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JOSEPH TUCCITTO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1EDUCATION DIRECTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DISTRIBUTED THE DRAFT OF FORM 990 TO THE BOARD MEMBERS FOR THEIR REVIEW AND APPROVAL. BOARD MEMBERS RESPOND BACK WITH ANY QUESTIONS OR COMMENTS THAT ARE ADDRESSED. AFTER ALL COMMENTS ARE ADDRESSED THE FORM 990 IS ELECTRONICALLY FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD MEMBERS SIGN AN ACCEPTANCE DOCUMENT AGREEING TO ABIDE BY THE CONFLICT OF INTEREST POLICY. THE POLICY STATEMENT RESIDES ON THE ORGANIZATIONAL PROTECTED WEBSITE (SHAREPOINT) FOR ACCESS AT ANY TIME. BOARD MEMBERS, OFFICERS, KEY EMPLOYEES AND DIRECTORS ARE FREE TO DISCLOSE ANY PERCEIVED CONFLICTS OF INTEREST AT ANY TIME BY CONTACTING THE PRESIDENT, CHAIRMAN OF THE BOARD OR CHAIR-ELECT. IMMEDIATE ACTION WILL THEN BE TAKEN. WHEN A BOARD MEMBER INDICATES A POTENTIAL CONFLICT, THAT INDIVIDUAL IS IMMEDIATELY REMOVED FROM ANY AND ALL DISCUSSIONS, DELIBERATIONS AND/OR DECISIONS ON THE PARTICULAR ISSUE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PRESIDENT'S COMPENSATION IS REVIEWED ANNUALLY BY A COMPENSATION COMMITTEE MADE UP OF BOARD MEMBERS. PERFORMANCE IS CONSIDERED ALONG WITH THE AVAILABILITY OF FINANCES TO SUPPORT ANY POTENTIAL INCREASE. INDEPENDENT SALARY SURVEYS ARE CONSULTED THAT INCLUDE ORGANIZATIONS SPECIFIC TO THE NON-PROFIT COMMUNITY IN THE GREATER NEW YORK METROPOLITAN AREA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OTHER KEY EMPLOYEES ARE REVIEWED ANNUALLY BY THE PRESIDENT UTILIZING A SIMILAR PROCESS TO THE ABOVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. IN ADDITION, THE ORGANIZATION'S 990 IS AVAILABLE ON GUIDESTAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine2Txt0TECHNICAL ASSOCIATION INC
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IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0FOUNDATION OF FLEXOGRAPHICAL
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1FOUNDATION OF FLEXOGRAPHICAL
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IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine2Txt1TECHNICAL ASSOCIATION INC
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Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,654,896
Liabilities
$72,875
Net assets
$2,582,021
Revenue
$666,931
Expenses
$478,956
Net income
$187,975
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.88$0.19$2.68$0.52$0.45$0.07
2023Detailed filing. Detailed filing data is available for this year.$2.77$0.16$2.61$0.53$0.45$0.08
2022Detailed filing. Detailed filing data is available for this year.$2.71$0.18$2.53$0.48$0.53$0.05
2021Detailed filing. Detailed filing data is available for this year.$2.65$0.07$2.58$0.67$0.48$0.19
2020Detailed filing. Detailed filing data is available for this year.$2.46$0.07$2.39$0.57$0.52$0.04
2019Detailed filing. Detailed filing data is available for this year.$2.43$0.08$2.35$0.62$0.49$0.12
2018Detailed filing. Detailed filing data is available for this year.$2.29$0.06$2.23$0.64$0.54$0.10
2017Detailed filing. Detailed filing data is available for this year.$2.25$0.12$2.13$0.69$0.45$0.24
2016Detailed filing. Detailed filing data is available for this year.$2.00$0.12$1.88$0.69$0.47$0.22
2015Detailed filing. Detailed filing data is available for this year.$1.83$0.17$1.66$0.66$0.48$0.18
2014Detailed filing. Detailed filing data is available for this year.$1.63$0.15$1.48$0.66$0.64$0.02
2013Detailed filing. Detailed filing data is available for this year.$1.66$0.20$1.46$0.66$0.72$0.06
2012Summary only. Only limited summary data is available for this year.$1.69$0.17$1.52$0.62$0.68$0.06
2011Summary only. Only limited summary data is available for this year.$1.81$0.23$1.57$0.67$0.67$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$0.17$1.57$0.58