Civic Intelligence

Medtech Association Inc

990 • Fiscal year 2014 • EIN 20-1405018

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 09, 2015

235 Harrison Street Suite 20913202

(315) 423-7300

Siviq Scores

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

Liabilities / Assets

95th percentile

0.85x

Higher debt load relative to assets than 95% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

94th percentile

0.76x

Higher debt load relative to revenue than 94% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Net Margin

49th percentile

3.2%

Higher net margin than 49% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

71st percentile

$104,231

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 18.1% of source-year revenue.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Asset Growth

92nd percentile

47%

Faster asset growth than 92% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Up

$513,394

Up $164,106 (+47%) from 2013

Net Assets

Up

$76,082

Up $18,478 (+32%) from 2013

Liabilities

Up

$437,312

Up $145,628 (+50%) from 2013

Revenue

$575,396

No earlier filing loaded for comparison.

Expenses

Up

$556,918

Up $193,411 (+53%) from 2013

Net Income

$18,478

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2011: $150,594Liabilities 2011: $69,064Net Assets 2011: $81,5302011Assets 2012: $106,942Liabilities 2012: $55,065Net Assets 2012: $51,8772012Assets 2013: $349,288Liabilities 2013: $291,684Net Assets 2013: $57,6042013Assets 2014: $513,394Liabilities 2014: $437,312Net Assets 2014: $76,0822014Assets 2015: $209,721Liabilities 2015: $147,342Net Assets 2015: $62,3792015Assets 2016: $153,696Liabilities 2016: $66,719Net Assets 2016: $86,9772016Assets 2017: $176,254Liabilities 2017: $67,414Net Assets 2017: $108,8402017Assets 2018: $122,692Liabilities 2018: $35,728Net Assets 2018: $86,9642018Assets 2019: $264,307Liabilities 2019: $260,071Net Assets 2019: $4,2362019Assets 2020: $226,707Liabilities 2020: $279,722Net Assets 2020: -$53,0152020Assets 2021: $251,316Liabilities 2021: $263,798Net Assets 2021: -$12,4822021Assets 2022: $281,528Liabilities 2022: $223,654Net Assets 2022: $57,8742022Assets 2023: $470,528Liabilities 2023: $240,822Net Assets 2023: $229,7062023Assets 2024: $359,315Liabilities 2024: $203,766Net Assets 2024: $155,5492024Assets 2025: $357,487Liabilities 2025: $204,477Net Assets 2025: $153,0102025

Highlighted filing

2014

Assets$513,394
Liabilities$437,312
Net Assets$76,082

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $461,7632011Expenses 2012: $494,3632012Expenses 2013: $363,5072013Revenue 2014: $575,396Expenses 2014: $556,918Net Income 2014: $18,4782014Revenue 2015: $538,959Expenses 2015: $552,662Net Income 2015: -$13,7032015Revenue 2016: $549,773Expenses 2016: $525,175Net Income 2016: $24,5982016Revenue 2017: $532,024Expenses 2017: $510,158Net Income 2017: $21,8662017Revenue 2018: $399,485Expenses 2018: $421,364Net Income 2018: -$21,8792018Revenue 2019: $361,949Expenses 2019: $458,560Net Income 2019: -$96,6112019Revenue 2020: $336,922Expenses 2020: $394,173Net Income 2020: -$57,2512020Revenue 2021: $356,371Expenses 2021: $315,615Net Income 2021: $40,7562021Revenue 2022: $418,855Expenses 2022: $348,499Net Income 2022: $70,3562022Revenue 2023: $491,083Expenses 2023: $319,251Net Income 2023: $171,8322023Revenue 2024: $314,052Expenses 2024: $388,209Net Income 2024: -$74,1572024Revenue 2025: $338,227Expenses 2025: $340,766Net Income 2025: -$2,5392025

Highlighted filing

2014

Revenue$575,396
Expenses$556,918
Net Income$18,478
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 9, 2015
Return Version
2013v4.0
Gross Receipts
$575,396
Mission and Program Overview

Mission

To develop collaborative bilateral and multilateral relationships within the new york business community to further growth of medical technology companies, as well as developers of enabling technologies and services, through an organized networking and information sharing structure

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$253,505$294,566▲ $41,061
Cash and Non-Interest-Bearing Accounts$93,190$106,494▲ $13,304
Savings and Temporary Cash Investments$2,000$77,334▲ $75,334
Prepaid Expenses and Deferred Charges$593$0▼ $593
Total Assets$349,288$513,394▲ $164,106
Other Assets Total$0$35,000▲ $35,000
Liabilities
Deferred Revenue$260,680$344,870▲ $84,190
Accounts Payable and Accrued Expenses$31,004$92,442▲ $61,438
Total Liabilities$291,684$437,312▲ $145,628
Net Assets / Fund Balance
Unrestricted Net Assets$57,604$76,082▲ $18,478
Total Net Assets Fund Balance$57,604$76,082▲ $18,478
Total Liabilities and Net Assets / Fund Balance$349,288$513,394▲ $164,106

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$35,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jessica CrawfordPresidentFT$104,231$104,231

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$544,549
Program Service Revenue
$22,000
Investment Income
$128
Other Revenue
$8,719
All Other Contributions
$211,780
Change in Net Assets
$18,478
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$299,973
Other Expenses$256,945
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$125,277$31,319-$156,596
Current Officers, Directors, Trustees, and Key Employees$83,385$20,846-$104,231
Advertising$24,023--$24,023
Payroll Taxes$17,399$4,350-$21,749
Travel$21,306--$21,306
Fees for Services Accounting$12,838$3,210-$16,048
Occupancy$10,889$2,722-$13,611
Other Employee Benefits$9,670$2,418-$12,088
Pension Plan Contributions$4,247$1,062-$5,309
Insurance$3,567$892-$4,459
Other Expenses$2,525$2,131-$2,525
Office Expenses$1,063$569-$1,632
All Other Expenses$358--$358
Conferences and Meetings$271--$271
Total Functional Expenses$487,399$69,519$0$556,918
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 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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

Form 990 is presented to the board before filing

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

The organization requires directors to annually disclose in writing any potential conflicts of interest.

Form 990, Part VI, Section B, Line 15

The board of directors annually reviews the performance of the executive director and approves compensation and bonus.

Form 990, Part VI, Section C, Line 19

All documents, policies and financial statements are available upon request.

Filing and Contact Details

Filer

EIN
20-1405018
Phone
3154237300

Signing Officer

Name
Robert Ruppenthal
Title
Director
Phone
3154237300
Signed
2015-02-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Ruppenthal
Formed
2004
Legal Domicile
Ny
Voting Board Members
18
Independent Board Members
18
Employees
3
Volunteers
70

Preparer

Preparer
Kevin Hill CPA
Phone
5854278900
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2(C):

No change from prior year.

Financial Statement Notes

PART X, LINE 2:

The association is exempt from federal income tax under section 501(c)(6) of the internal revenue code (the irc) and has been determined not to be a private foundation under section 509(a) of the irc. The association has reviewed its operations for uncertain tax positions and believes there are no significant exposures. The association is no longer subject to federal or state examinations by tax authorities for years before fiscal 2010. The association will include interest on income tax liabilities in interest expense and penalties in operations if such amounts arise.

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IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt035000
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02418
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt09670
IRS990/OtherEmployeeBenefitsGrp/TotalAmt012088
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc1HARDWARE & EQUIPMENT
IRS990/OtherExpensesGrp/Desc2BANK FEES
IRS990/OtherExpensesGrp/Desc3MEALS & ENTERTAINMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02131
IRS990/OtherExpensesGrp/ProgramServicesAmt0157905
IRS990/OtherExpensesGrp/ProgramServicesAmt18525
IRS990/OtherExpensesGrp/ProgramServicesAmt24151
IRS990/OtherExpensesGrp/ProgramServicesAmt32525
IRS990/OtherExpensesGrp/TotalAmt0157905
IRS990/OtherExpensesGrp/TotalAmt110656
IRS990/OtherExpensesGrp/TotalAmt24151
IRS990/OtherExpensesGrp/TotalAmt32525
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt08719
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt08719
IRS990/OtherRevenueTotalAmt08719
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt031319
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0125277
IRS990/OtherSalariesAndWagesGrp/TotalAmt0156596
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04350
IRS990/PayrollTaxesGrp/ProgramServicesAmt017399
IRS990/PayrollTaxesGrp/TotalAmt021749
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01062
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt04247
IRS990/PensionPlanContributionsGrp/TotalAmt05309
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0593
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0ROBERT RUPPENTHAL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0SEMINARS/MEETINGS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt022000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt022000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0318233
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0241
IRS990/PYOtherExpensesAmt0160862
IRS990/PYOtherRevenueAmt0195
IRS990/PYProgramServiceRevenueAmt050565
IRS990/PYRevenuesLessExpensesAmt05727
IRS990/PYSalariesCompEmpBnftPaidAmt0202645
IRS990/PYTotalExpensesAmt0363507
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0369234
IRS990/ReconcilationRevenueExpnssAmt018478
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt077334
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt035000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED GRANT
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE (THE IRC) AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE IRC. THE ASSOCIATION HAS REVIEWED ITS OPERATIONS FOR UNCERTAIN TAX POSITIONS AND BELIEVES THERE ARE NO SIGNIFICANT EXPOSURES. THE ASSOCIATION IS NO LONGER SUBJECT TO FEDERAL OR STATE EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE FISCAL 2010. THE ASSOCIATION WILL INCLUDE INTEREST ON INCOME TAX LIABILITIES IN INTEREST EXPENSE AND PENALTIES IN OPERATIONS IF SUCH AMOUNTS ARISE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt035000
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PRESENTED TO THE BOARD BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REQUIRES DIRECTORS TO ANNUALLY DISCLOSE IN WRITING ANY POTENTIAL CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS ANNUALLY REVIEWS THE PERFORMANCE OF THE EXECUTIVE DIRECTOR AND APPROVES COMPENSATION AND BONUS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO CHANGE FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2(C):
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0349288
IRS990/TotalAssetsEOYAmt0513394
IRS990/TotalAssetsGrp/BOYAmt0349288
IRS990/TotalAssetsGrp/EOYAmt0513394
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0544549
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt069519
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0487399
IRS990/TotalFunctionalExpensesGrp/TotalAmt0556918
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0291684
IRS990/TotalLiabilitiesEOYAmt0437312
IRS990/TotalLiabilitiesGrp/BOYAmt0291684
IRS990/TotalLiabilitiesGrp/EOYAmt0437312
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt057604
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt076082
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0487399
IRS990/TotalProgramServiceRevenueAmt022000
IRS990/TotalReportableCompFromOrgAmt0104231
IRS990/TotalRevenueGrp/ExclusionAmt031
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt030816
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0575396
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt070
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0349288
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0513394
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt021306
IRS990/TravelGrp/TotalAmt021306
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt057604
IRS990/UnrestrictedNetAssetsGrp/EOYAmt076082
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10235 HARRISON STREET SUITE 209
IRS990/USAddress/City0SYRACUSE
IRS990/USAddress/State0NY
IRS990/USAddress/ZIPCode013202
IRS990/VotingMembersGoverningBodyCnt018
IRS990/VotingMembersIndependentCnt018
IRS990/WebsiteAddressTxt0WWW.MEDTECH.ORG
IRS990/WhistleblowerPolicyInd01

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.57$2.04$1.53$3.38$3.41$0.03
2024Detailed filing. Detailed filing data is available for this year.$3.59$2.04$1.56$3.14$3.88$0.74
2023Detailed filing. Detailed filing data is available for this year.$4.71$2.41$2.30$4.91$3.19$1.72
2022Detailed filing. Detailed filing data is available for this year.$2.82$2.24$0.58$4.19$3.48$0.70
2021Detailed filing. Detailed filing data is available for this year.$2.51$2.64$0.12$3.56$3.16$0.41
2020Detailed filing. Detailed filing data is available for this year.$2.27$2.80$0.53$3.37$3.94$0.57
2019Detailed filing. Detailed filing data is available for this year.$2.64$2.60$0.04$3.62$4.59$0.97
2018Detailed filing. Detailed filing data is available for this year.$1.23$0.36$0.87$3.99$4.21$0.22
2017Detailed filing. Detailed filing data is available for this year.$1.76$0.67$1.09$5.32$5.10$0.22
2016Detailed filing. Detailed filing data is available for this year.$1.54$0.67$0.87$5.50$5.25$0.25
2015Summary only. Only limited summary data is available for this year.$2.10$1.47$0.62$5.39$5.53$0.14
2014Detailed filing. Detailed filing data is available for this year.$5.13$4.37$0.76$5.75$5.57$0.18
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.49$2.92$0.58$3.64
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.55$0.52$4.94
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.51$0.69$0.82$4.62