Civic Intelligence

Technology Industry Group Co Oracle Attn Steve Watson

990 • Fiscal year 2023 • EIN 26-3965194

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 06, 2024

11625 Custer Rd 110-342Frisco, TX 75035

(408) 466-6111

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.00x

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

32nd percentile

0.00x

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

4th percentile

-90%

Higher net margin than 4% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

12th percentile

-19%

Faster asset growth than 12% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

11th percentile

-32%

Faster revenue growth than 11% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$520,437

Down $120,554 (-19%) from 2022

Net Assets

Down

$520,437

Down $120,554 (-19%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$133,301

Down $62,200 (-32%) from 2022

Expenses

Up

$253,855

Up $48,796 (+24%) from 2022

Net Income

Down

-$120,554

Down $110,996 (-1161%) from 2022

Historical Trend

Balance Sheet Trend

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

2023

Assets$520,437
Liabilities$0
Net Assets$520,437

Operations Trend

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

2023

Revenue$133,301
Expenses$253,855
Net Income-$120,554
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 6, 2024
Return Version
2023v5.1
Gross Receipts
$133,301
Mission and Program Overview

Mission

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.

Tech:scale helps diverse suppliers become strategic supply chain (continued on schedule o) (continued from 990 page 1) partners to the technology industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$603,431$500,476▼ $102,955
Savings and Temporary Cash Investments$12,627$12,628▲ $1
Intangible Assets$24,933$7,333▼ $17,600
Total Assets$640,991$520,437▼ $120,554
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$640,991$520,437▼ $120,554
Total Net Assets Fund Balance$640,991$520,437▼ $120,554
Total Liabilities and Net Assets / Fund Balance$640,991$520,437▼ $120,554
Compensation and Service Providers

Board Members and Trustees

NameTitle
Siofra HartnettPresident
Darretta WhitfieldVP of Administration
Salvador Peinado JrVP of Finance
Kristin MalekVP of Operations
Jason TrimiewVP of Programs
Revenue and Support

Revenue Composition

Contributions and Grants
$133,300
Program Service Revenue
$0
Investment Income
$1
Other Revenue
$0
Change in Net Assets
$-120,554
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$253,855
Total Fundraising Expense$35,155
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$34,000$49,000$33,000$116,000
Conferences and Meetings$106,819--$106,819
Depreciation Depletion$14,080$1,760$1,760$17,600
Fees for Services Accounting-$4,215-$4,215
Information Technology$2,806$351$351$3,508
Office Expenses$353$3,005$44$3,402
Insurance$1,112$1,000-$2,112
Fees for Services Legal-$199-$199
Total Functional Expenses$159,170$59,530$35,155$253,855
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
Annual disclosure for covered persons
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

The organization has a bi-annual election process that includes nominations and voting by members in good standing.

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed and approved by the board and signed by an officer of the board before it is submitted to the internal revenue service

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

At each board and committee meeting, if there is a discussion of selecting or engaging a vendor or service provider, all in attendance are asked to recuse themselves from this discussion if there could be a perceived conflict.

Form 990, Part VI, Section B, Line 15

At this time the organization does not have compensation for anyone, however if in the future this changes, the organization's process for determining compensation will include a review and approval by independent persons, comparability data, and recording of the discussion and the decision.

Form 990, Part VI, Section C, Line 18

The organization will make their application for recognition of exemption and annual information returns available upon request without charge except for a nominal fee for reproduction and actual postage costs. Annual information returns will be available for three years after filing.

Form 990, Part VI, Section C, Line 19

If the governing documents and conflict of interest policy of the organization are subject to federal or state public disclosure rules, these documents will be made publicly available as applicable law may require. Otherwise, the governing documents and conflict of interest policy will be provided to the public at the discretion of management.

Filing and Contact Details

Filer

Filer Name
Techscale
EIN
26-3965194
Phone
4084666111
Address
11625 CUSTER RD 110-342, FRISCO, TX 75035

Signing Officer

Name
Salvador Peinado Jr
Title
Treasurer
Phone
4084666111
Signed
2024-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Siofra Harnett
Formed
2008
Legal Domicile
Az
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Monica J Stern CPA Pllc
Address
11225 NORTH 28TH DRIVE SUITE A100, PHOENIX, AZ 85029-5608
Preparer
Monica J Stern CPA
Phone
6026748226
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Administrative support: program service expenses 0. Management and general expenses 16,000. Fundraising expenses 0. Total expenses 16,000. Consulting: program service expenses 34,000. Management and general expenses 33,000. Fundraising expenses 33,000. Total expenses 100,000.

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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/ExplanationTxt0THE ORGANIZATION HAS A BI-ANNUAL ELECTION PROCESS THAT INCLUDES NOMINATIONS AND VOTING BY MEMBERS IN GOOD STANDING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED AND APPROVED BY THE BOARD AND SIGNED BY AN OFFICER OF THE BOARD BEFORE IT IS SUBMITTED TO THE INTERNAL REVENUE SERVICE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AT EACH BOARD AND COMMITTEE MEETING, IF THERE IS A DISCUSSION OF SELECTING OR ENGAGING A VENDOR OR SERVICE PROVIDER, ALL IN ATTENDANCE ARE ASKED TO RECUSE THEMSELVES FROM THIS DISCUSSION IF THERE COULD BE A PERCEIVED CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AT THIS TIME THE ORGANIZATION DOES NOT HAVE COMPENSATION FOR ANYONE, HOWEVER IF IN THE FUTURE THIS CHANGES, THE ORGANIZATION'S PROCESS FOR DETERMINING COMPENSATION WILL INCLUDE A REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA, AND RECORDING OF THE DISCUSSION AND THE DECISION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION WILL MAKE THEIR APPLICATION FOR RECOGNITION OF EXEMPTION AND ANNUAL INFORMATION RETURNS AVAILABLE UPON REQUEST WITHOUT CHARGE EXCEPT FOR A NOMINAL FEE FOR REPRODUCTION AND ACTUAL POSTAGE COSTS. ANNUAL INFORMATION RETURNS WILL BE AVAILABLE FOR THREE YEARS AFTER FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5IF THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY OF THE ORGANIZATION ARE SUBJECT TO FEDERAL OR STATE PUBLIC DISCLOSURE RULES, THESE DOCUMENTS WILL BE MADE PUBLICLY AVAILABLE AS APPLICABLE LAW MAY REQUIRE. OTHERWISE, THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY WILL BE PROVIDED TO THE PUBLIC AT THE DISCRETION OF MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ADMINISTRATIVE SUPPORT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 16,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,000. CONSULTING: PROGRAM SERVICE EXPENSES 34,000. MANAGEMENT AND GENERAL EXPENSES 33,000. FUNDRAISING EXPENSES 33,000. TOTAL EXPENSES 100,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0640991
IRS990/TotalAssetsEOYAmt0520437
IRS990/TotalAssetsGrp/BOYAmt0640991
IRS990/TotalAssetsGrp/EOYAmt0520437
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0133300
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt035155
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt059530
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0159170
IRS990/TotalFunctionalExpensesGrp/TotalAmt0253855
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0640991
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0520437
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0159170
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0133301
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0640991
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0520437
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt011625 CUSTER RD 110-342
IRS990/USAddress/CityNm0FRISCO
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd075035
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0TECHSCALE.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SALVADOR PEINADO JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04084666111
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TECHSCALE
ReturnHeader/Filer/BusinessNameControlTxt0TECH
ReturnHeader/Filer/EIN0263965194
ReturnHeader/Filer/PhoneNum04084666111
ReturnHeader/Filer/USAddress/AddressLine1Txt011625 CUSTER RD 110-342
ReturnHeader/Filer/USAddress/CityNm0FRISCO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075035
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0770602105
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MONICA J STERN CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt011225 NORTH 28TH DRIVE SUITE A100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PHOENIX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0850295608
ReturnHeader/PreparerPersonGrp/PhoneNum06026748226
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MONICA J STERN CPA
ReturnHeader/ReturnTs02024-11-07T13:42:55-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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