Civic Intelligence

Technology Industry Group

990 • Fiscal year 2018 • EIN 26-3965194

Jul 01, 2017 to Jun 30, 2018 • Filed on May 06, 2019

Organization ProfileTIGSD.ORG
222 Broadway 19th FloorNew York, NY 10038

(916) 315-5052

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

53rd percentile

4.7%

Higher net margin than 53% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

65th percentile

12%

Faster asset growth than 65% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

94th percentile

130%

Faster revenue growth than 94% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$109,486

Up $11,859 (+12%) from 2017

Net Assets

Up

$109,486

Up $11,859 (+12%) from 2017

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin53rd percentile

Revenue

Up

$250,990

Up $141,989 (+130%) from 2017

Expenses

Up

$239,131

Up $180,405 (+307%) from 2017

Net Income

Down

$11,859

Down $38,416 (-76%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth65th percentile

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

$800K$600K$400K$200K$0Assets 2011: $96,549Net Assets 2011: $96,5492011Assets 2012: $61,126Net Assets 2012: $61,1262012Assets 2014: $49,519Net Assets 2014: $49,5192014Assets 2017: $97,627Net Assets 2017: $97,6272017Assets 2018: $109,486Liabilities 2018: $0Net Assets 2018: $109,4862018Assets 2020: $378,296Liabilities 2020: $0Net Assets 2020: $378,2962020Assets 2021: $680,549Liabilities 2021: $0Net Assets 2021: $680,5492021Assets 2022: $640,991Liabilities 2022: $0Net Assets 2022: $640,9912022Assets 2023: $520,437Liabilities 2023: $0Net Assets 2023: $520,4372023Assets 2024: $459,125Liabilities 2024: $0Net Assets 2024: $459,1252024

Highlighted filing

2018

Assets$109,486
Liabilities$0
Net Assets$109,486
Open 2018 Filing

Operations Trend

Revenue Growth94th percentile

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

$400K$200K$0-$200KRevenue 2011: $56,040Expenses 2011: $61,359Net Income 2011: -$5,3192011Revenue 2012: $78,533Expenses 2012: $113,956Net Income 2012: -$35,4232012Revenue 2014: $37,705Expenses 2014: $44,791Net Income 2014: -$7,0862014Revenue 2017: $109,001Expenses 2017: $58,726Net Income 2017: $50,2752017Revenue 2018: $250,990Expenses 2018: $239,131Net Income 2018: $11,8592018Revenue 2020: $277,154Expenses 2020: $107,254Net Income 2020: $169,9002020Revenue 2021: $391,564Expenses 2021: $116,509Net Income 2021: $275,0552021Revenue 2022: $195,501Expenses 2022: $205,059Net Income 2022: -$9,5582022Revenue 2023: $133,301Expenses 2023: $253,855Net Income 2023: -$120,5542023Revenue 2024: $153,551Expenses 2024: $174,017Net Income 2024: -$20,4662024

Highlighted filing

2018

Revenue$250,990
Expenses$239,131
Net Income$11,859
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 6, 2019
Return Version
2017v2.3
Gross Receipts
$250,990
Mission and Program Overview

Mission

Tech:scale helps diverse suppliers become strategic supply chain partners to the technology industry.

The technology industry group is a trade association whose members are corporations in the technology industry. The group is organized for advancement of common interests in supplier diversity initiatives by corporations in the technology industry. It also serves as a forum for members, and nonmembers, to drive change in the technology industry that will result in diverse businesses becoming strategic partners in the global economy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$85,007$96,866▲ $11,859
Savings and Temporary Cash Investments$12,620$12,620→ $0
Total Assets$97,627$109,486▲ $11,859
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$97,627$109,486▲ $11,859
Total Net Assets Fund Balance$97,627$109,486▲ $11,859
Total Liabilities and Net Assets / Fund Balance$97,627$109,486▲ $11,859
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Alex AlvarezCo-chairman
Nino CamposCo-chairman
Anisha JacksonCo-secretary
Deb Fuentes NiziolekCo-secretary
Ashley PetersonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$129,722
Program Service Revenue
$121,268
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$11,859
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$221,131
Grants and Similar Amounts Paid$18,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$188,373--$188,373
Advertising$12,263--$12,263
Grants to Domestic Individuals$10,000--$10,000
Grants to Domestic Orgs$8,000--$8,000
Office Expenses$1,687--$1,687
Other Expenses$1,000--$1,000
Information Technology$749--$749
All Other Expenses$600--$600
Fees for Services Accounting$566--$566
Fees for Services Legal$236--$236
Total Functional Expenses$239,131$0$0$239,131
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
All Hands and HeartsMattapoisett, MA501c3-$8,000
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
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, Page 6, Part VI, Line 4

“The organization applied for and was granted 501(c)(3) status on august 4, 2015 and amended it's articles of incorporation to include the language necessary to be a public charity under 501(d)(3). A for 990n was filed for the organization under 501(c)(6) for 2015, tax year ended 6/30/16, and a 2016 amended return was filed to report the change in status for the year ended 6/30/17. A copy of the amendment to the aricles of incorpoation is attached to this return with the irs determination letter for the change in charitable status.”

Form 990, Page 6, Part VI, Line 8B

“The oganization does not have committees and therefore there are no minutes prepared for committees.”

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

“The co-chairmen and the treasurer reviews the tax return before filing.”

Form 990, Page 6, Part VI, Line 19

“Documents are available upon written request to the organization”

Filing and Contact Details

Filer

Filer Name
Technology Industry Group
EIN
26-3965194
Phone
9163155052
Address
222 BROADWAY 19TH FLOOR, NEW YORK, NY 10038

Signing Officer

Name
Ashley Peterson
Title
Treasurer
Phone
9163155052
Signed
2019-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alex Alvarez
Formed
2009
Legal Domicile
Az
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
20

Preparer

Firm
Patricia L Lawrence CPA
Address
2715 E NORTH LANE, PHOENIX, AZ 85028-3733
Preparer
Patricia L Lawrence
Phone
6027652226
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Othe technology industry group is a trade association whose members are corporations in the technology industry. The group is organized for advancement of common interests in supplier diversity initiatives by corporations in the technology industry. It also serves as a forum for members, and nonmembers, to drive change in the technology industry that will result in diverse businesses becoming strategic partners in the global economy.”

Raw XML Appendix326 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHE TECHNOLOGY INDUSTRY GROUP IS A TRADE ASSOCIATION WHOSE MEMBERS ARE CORPORATIONS IN THE TECHNOLOGY INDUSTRY. THE GROUP IS ORGANIZED FOR ADVANCEMENT OF COMMON INTERESTS IN SUPPLIER DIVERSITY INITIATIVES BY CORPORATIONS IN THE TECHNOLOGY INDUSTRY. IT ALSO SERVES AS A FORUM FOR MEMBERS, AND NONMEMBERS, TO DRIVE CHANGE IN THE TECHNOLOGY INDUSTRY THAT WILL RESULT IN DIVERSE BUSINESSES BECOMING STRATEGIC PARTNERS IN THE GLOBAL ECONOMY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION APPLIED FOR AND WAS GRANTED 501(C)(3) STATUS ON AUGUST 4, 2015 AND AMENDED IT'S ARTICLES OF INCORPORATION TO INCLUDE THE LANGUAGE NECESSARY TO BE A PUBLIC CHARITY UNDER 501(D)(3). A FOR 990N WAS FILED FOR THE ORGANIZATION UNDER 501(C)(6) FOR 2015, TAX YEAR ENDED 6/30/16, AND A 2016 AMENDED RETURN WAS FILED TO REPORT THE CHANGE IN STATUS FOR THE YEAR ENDED 6/30/17. A COPY OF THE AMENDMENT TO THE ARICLES OF INCORPOATION IS ATTACHED TO THIS RETURN WITH THE IRS DETERMINATION LETTER FOR THE CHANGE IN CHARITABLE STATUS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE OGANIZATION DOES NOT HAVE COMMITTEES AND THEREFORE THERE ARE NO MINUTES PREPARED FOR COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CO-CHAIRMEN AND THE TREASURER REVIEWS THE TAX RETURN BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalEmployeeCnt00
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
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ReturnHeader/FilingSecurityInformation/IPTm017:33:58
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AZ
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PATRICIA L LAWRENCE
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02019-05-06T19:34:46-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$109,486
Liabilities
$0
Net assets
$109,486
Revenue
$250,990
Expenses
$239,131
Net income
$11,859
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.59$0.00$4.59$1.54$1.74$0.20
2023Detailed filing. Detailed filing data is available for this year.$5.20$0.00$5.20$1.33$2.54$1.21
2022Detailed filing. Detailed filing data is available for this year.$6.41$0.00$6.41$1.96$2.05$0.10
2021Detailed filing. Detailed filing data is available for this year.$6.81$0.00$6.81$3.92$1.17$2.75
2020Detailed filing. Detailed filing data is available for this year.$3.78$0.00$3.78$2.77$1.07$1.70
2018Detailed filing. Detailed filing data is available for this year.$1.09$0.00$1.09$2.51$2.39$0.12
2017Detailed filing. Detailed filing data is available for this year.$0.98$0.98$1.09$0.59$0.50
2014Detailed filing. Detailed filing data is available for this year.$0.50$0.50$0.38$0.45$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.61$0.61$0.79$1.14$0.35
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.97$0.56$0.61$0.05