Civic Intelligence

Nfc Forum Inc

990 • Fiscal year 2016 • EIN 20-1752543

Nov 01, 2015 to Oct 31, 2016 • Filed on Sep 11, 2017

401 Edgewater PlaceWakefield, MA 01880

(781) 246-0050

Siviq Scores

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

Liabilities / Assets

88th percentile

0.61x

Higher debt load relative to assets than 88% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

76th percentile

0.42x

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

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Net Margin

29th percentile

-1.3%

Higher net margin than 29% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

6th percentile

-20%

Faster asset growth than 6% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

15th percentile

-10%

Faster revenue growth than 15% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,514,225

Down $367,704 (-20%) from 2015

Net Assets

Down

$597,173

Down $28,409 (-4.5%) from 2015

Liabilities

Down

$917,052

Down $339,295 (-27%) from 2015

Revenue

Down

$2,185,197

Down $246,184 (-10%) from 2015

Expenses

Down

$2,213,606

Down $268,767 (-11%) from 2015

Net Income

Up

-$28,409

Up $22,583 (+44%) from 2015

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2012: $1,528,245Liabilities 2012: $1,127,293Net Assets 2012: $400,9522012Assets 2013: $2,052,911Liabilities 2013: $1,342,926Net Assets 2013: $709,9852013Assets 2014: $2,018,546Liabilities 2014: $1,341,972Net Assets 2014: $676,5742014Assets 2015: $1,881,929Liabilities 2015: $1,256,347Net Assets 2015: $625,5822015Assets 2016: $1,514,225Liabilities 2016: $917,052Net Assets 2016: $597,1732016Assets 2017: $1,385,935Liabilities 2017: $848,145Net Assets 2017: $537,7902017Assets 2018: $1,592,953Liabilities 2018: $947,126Net Assets 2018: $645,8272018Assets 2019: $1,680,536Liabilities 2019: $875,527Net Assets 2019: $805,0092019Assets 2020: $1,899,401Liabilities 2020: $885,576Net Assets 2020: $1,013,8252020Assets 2021: $1,951,319Liabilities 2021: $875,771Net Assets 2021: $1,075,5482021Assets 2022: $1,845,596Liabilities 2022: $765,213Net Assets 2022: $1,080,3832022Assets 2023: $1,884,917Liabilities 2023: $742,160Net Assets 2023: $1,142,7572023Assets 2024: $1,657,458Liabilities 2024: $775,831Net Assets 2024: $881,6272024

Highlighted filing

2016

Assets$1,514,225
Liabilities$917,052
Net Assets$597,173

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $2,663,895Expenses 2012: $2,516,672Net Income 2012: $147,2232012Revenue 2013: $2,646,567Expenses 2013: $2,337,564Net Income 2013: $309,0032013Revenue 2014: $2,631,734Expenses 2014: $2,665,145Net Income 2014: -$33,4112014Revenue 2015: $2,431,381Expenses 2015: $2,482,373Net Income 2015: -$50,9922015Revenue 2016: $2,185,197Expenses 2016: $2,213,606Net Income 2016: -$28,4092016Revenue 2017: $1,941,240Expenses 2017: $2,000,623Net Income 2017: -$59,3832017Revenue 2018: $1,825,977Expenses 2018: $1,717,940Net Income 2018: $108,0372018Revenue 2019: $1,894,353Expenses 2019: $1,735,171Net Income 2019: $159,1822019Revenue 2020: $1,800,460Expenses 2020: $1,591,644Net Income 2020: $208,8162020Revenue 2021: $1,514,066Expenses 2021: $1,452,343Net Income 2021: $61,7232021Revenue 2022: $1,629,792Expenses 2022: $1,624,957Net Income 2022: $4,8352022Revenue 2023: $1,549,542Expenses 2023: $1,487,168Net Income 2023: $62,3742023Revenue 2024: $1,509,038Expenses 2024: $1,770,167Net Income 2024: -$261,1292024

Highlighted filing

2016

Revenue$2,185,197
Expenses$2,213,606
Net Income-$28,409
Jump To
Filing Snapshot
Filing Period
Nov 1, 2015 to Oct 31, 2016
Signed
Sep 11, 2017
Return Version
2015v3.0
Gross Receipts
$2,185,197
Mission and Program Overview

Mission

The Near Field Communication Forum was formed to advance the use of Near Field Communication technology by developing specifications, ensuring interoperability among devices and services, and educating the market about NFC technology. Formed in 2004, the Forum now has 117 members. Manufacturers, applications developers, financial services institutions, and more all work together to promote the use of NFC technology in consumer electronics, mobile devices, and PCs.

The Near Field Communication Forum was formed to advance the use of Near Field Communication technology by developing specifications, ensuring interoperability among devices and services, and educating the market about NFC technology.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,364,099$1,365,938▲ $1,839
Accounts Receivable$115,118$76,844▼ $38,274
Cash and Non-Interest-Bearing Accounts$224,416$32,793▼ $191,623
Prepaid Expenses and Deferred Charges$156,396$16,750▼ $139,646
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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,881,929$1,514,225▼ $367,704
Other Assets Total$21,900$21,900→ $0
Liabilities
Deferred Revenue$817,459$641,042▼ $176,417
Accounts Payable and Accrued Expenses$161,956$141,034▼ $20,922
Other Liabilities$276,932$134,976▼ $141,956
Total Liabilities$1,256,347$917,052▼ $339,295
Net Assets / Fund Balance
Unrestricted Net Assets$625,582$597,173▼ $28,409
Total Net Assets Fund Balance$625,582$597,173▼ $28,409
Total Liabilities and Net Assets / Fund Balance$1,881,929$1,514,225▼ $367,704
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Paula HunterExecutive DirectorFT$201,113$7,890$209,003

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Virtual IncManagement Fees401 Edgewater Place Suite 600, Wakefield, MA 01880$908,105
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,178,358
Investment Income
$6,839
Other Revenue
$0
Change in Net Assets
$-28,409

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,185,197
Total Revenue per Audited Statements
$2,185,197
Total Revenue per Form 990
$2,185,197
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,908,287
Salaries, Compensation, and Employee Benefits$305,319
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$416,337
Fees for Services Management---$336,805
All Other Expenses---$233,927
Current Officers, Directors, Trustees, and Key Employees---$200,277
Other Salaries and Wages---$105,042
Other Expenses---$83,719
Fees for Services Legal---$52,240
Office Expenses---$16,010
Insurance---$2,161
Fees for Services Accounting---$1,718
Total Functional Expenses$0$0$0$2,213,606

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,213,606
Total Expenses per Audited Statements$2,213,606
Total Expenses per Form 990$2,213,606
International Activity

International Summary

Spending
$195,923

International Compliance

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

International Activities

RegionActivityServicesOfficesEmployeesSpending
East Asia & the PacificProgram ServicesMember Meeting00$122,774
EuropeProgram ServicesMember Meeting00$73,149
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Prepaid conference and membership fees$126,500
VAT payable$6,716
Refund Payable$1,760
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

NFC Forum delegated all Management, Adminstrative, Membership, Events and Meetings, Financial and Public Relations duties to Virtual, Inc.

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

NFC Forum has 5 levels of membership: Sponsor, Principal, Associate, Implementor, and Non-Profit. All members receive these benefits:Access to the NFC Forum Members Community Web site One copy of all published Forum specifications without charge Attendance at plenary meetings of the forum Ability to participate in Plugfests (currently open only to members) Discounted rates in the NFC Forum certification program (when it starts in 2010) Access to Forum research, technical information, and other resources Opportunities for peer-to-peer collaboration Your company name, logo and press releases cited on the Forum Web site Use of the NFC Forum logo on your Website to indicate membershipOnly Sponsor members are allowed to elect a representative to the Board of Directors.

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

The Management company and the Board of Directors review the 990 before it is filed.

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

The Board of Directors annually reviews the performance and salary of the Executive Director. The Board of Directors uses comparability data to help determine the Executive Director's compensation.

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

NFC Forum, Inc. makes the organization's bylaws available on their website. Other governing documents, policies, and financial statements are made available upon request.

Filing and Contact Details

Filer

Filer Name
NFC Forum Inc
EIN
20-1752543
Phone
7812460050
Address
401 Edgewater Place, Wakefield, MA 01880

Signing Officer

Name
Laurent Sourgen
Title
Treasurer
Signed
2017-09-11
Discuss with paid preparer
Yes

Organization Details

Formed
2004
Legal Domicile
De
Voting Board Members
12
Independent Board Members
12
Employees
0

Preparer

Firm
Ruane & Company LLP
Address
12 Alfred Street Suite 206, Woburn, MA 01801
Preparer
Thomas M Ruane CPA
Phone
7816430090
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E: Other Expenses

Bad Debts: Column (A) - Total = $12041; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Bank service charges: Column (A) - Total = $10224; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Board Initiatives: Column (A) - Total = $45757; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Kavi set-up and Subscription: Column (A) - Total = $40754; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Project management task force: Column (A) - Total = $33; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

SIG Committee: Column (A) - Total = $55452; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Technical Committee: Column (A) - Total = $69666; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

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IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
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IRS990/Form990TFiledInd0false
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IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02185197
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IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
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IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt02161
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt06839
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06839
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IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
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IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0DE
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IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The Near Field Communication Forum was formed to advance the use of Near Field Communication technology by developing specifications, ensuring interoperability among devices and services, and educating the market about NFC technology. Formed in 2004, the Forum now has 140 members. Manufacturers, applications developers, financial services institutions, and more all work together to promote the use of NFC technology in consumer electronics, mobile devices, and PCs.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0625582
IRS990/NetAssetsOrFundBalancesEOYAmt0597173
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt016010
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt021900
IRS990/OtherAssetsTotalGrp/EOYAmt021900
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Compliance Committee
IRS990/OtherExpensesGrp/Desc1Communication & PR
IRS990/OtherExpensesGrp/Desc2Telecom & datacom
IRS990/OtherExpensesGrp/Desc3Marketing & Communications
IRS990/OtherExpensesGrp/TotalAmt0455346
IRS990/OtherExpensesGrp/TotalAmt1220877
IRS990/OtherExpensesGrp/TotalAmt289147
IRS990/OtherExpensesGrp/TotalAmt383719
IRS990/OtherLiabilitiesGrp/BOYAmt0276932
IRS990/OtherLiabilitiesGrp/EOYAmt0134976
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt0105042
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0156396
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt016750
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Conference income
IRS990/ProgramServiceRevenueGrp/Desc1Membership Dues & Assessments
IRS990/ProgramServiceRevenueGrp/Desc2Online Specification
IRS990/ProgramServiceRevenueGrp/Desc3Plugfest & Cert Fees
IRS990/ProgramServiceRevenueGrp/Desc4Sponsorship income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0187258
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11902958
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt216600
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt351542
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt420000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0187258
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11902958
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt216600
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt351542
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt420000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt07339
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02150267
IRS990/PYProgramServiceRevenueAmt02424042
IRS990/PYRevenuesLessExpensesAmt0-50992
IRS990/PYSalariesCompEmpBnftPaidAmt0332106
IRS990/PYTotalExpensesAmt02482373
IRS990/PYTotalRevenueAmt02431381
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-28409
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01364099
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01365938
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt02213606
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0126500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11760
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt26716
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Prepaid conference and membership fees
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Refund Payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2VAT payable
IRS990ScheduleD/RevenueSubtotalAmt02185197
IRS990ScheduleD/TotalExpensesPerForm990Amt02213606
IRS990ScheduleD/TotalLiabilityAmt0134976
IRS990ScheduleD/TotalRevenuePerForm990Amt02185197
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02185197
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02213606
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0122774
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt173149
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0East Asia & the Pacific
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1Europe
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Member Meeting
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1Member Meeting
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Program Services
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1Program Services
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalSpentAmt0195923
IRS990ScheduleF/TotalSpentAmt0195923
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0201113
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt07890
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Paula Hunter
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Dir.
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0209003
IRS990ScheduleJ/SeverancePaymentInd0false
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NFC Forum delegated all Management, Adminstrative, Membership, Events and Meetings, Financial and Public Relations duties to Virtual, Inc.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NFC Forum has 5 levels of membership: Sponsor, Principal, Associate, Implementor, and Non-Profit. All members receive these benefits:Access to the NFC Forum Members Community Web site One copy of all published Forum specifications without charge Attendance at plenary meetings of the forum Ability to participate in Plugfests (currently open only to members) Discounted rates in the NFC Forum certification program (when it starts in 2010) Access to Forum research, technical information, and other resources Opportunities for peer-to-peer collaboration Your company name, logo and press releases cited on the Forum Web site Use of the NFC Forum logo on your Website to indicate membershipOnly Sponsor members are allowed to elect a representative to the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Management company and the Board of Directors review the 990 before it is filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Board of Directors annually reviews the performance and salary of the Executive Director. The Board of Directors uses comparability data to help determine the Executive Director's compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NFC Forum, Inc. makes the organization's bylaws available on their website. Other governing documents, policies, and financial statements are made available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Bad Debts: Column (A) - Total = $12041; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Bank service charges: Column (A) - Total = $10224; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Board Initiatives: Column (A) - Total = $45757; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Kavi set-up and Subscription: Column (A) - Total = $40754; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Project management task force: Column (A) - Total = $33; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10SIG Committee: Column (A) - Total = $55452; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Technical Committee: Column (A) - Total = $69666; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e: Other Expenses

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