Civic Intelligence

Arizona Technology Investor Forum

990EZ • Fiscal year 2017 • EIN 27-1070872

Jan 01, 2017 to Dec 31, 2017 • Filed on Mar 11, 2018

Organization ProfileWWW.ARIZONATECHINVESTORS.COM
2824 N Power Road Suite 113-113Mesa, AZ 85215

(602) 463-0844

Siviq Scores

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

Liabilities / Assets

90th percentile

0.46x

Higher debt load relative to assets than 90% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

93rd percentile

0.42x

Higher debt load relative to revenue than 93% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Net Margin

92nd percentile

33%

Higher net margin than 92% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Top Officer Pay

81st percentile

$36,000

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 25.5% of source-year revenue.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Asset Growth

97th percentile

166%

Faster asset growth than 97% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

91st percentile

43%

Faster revenue growth than 91% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets90th percentile

Assets

Up

$129,444

Up $80,748 (+166%) from 2016

Net Assets

Up

$69,894

Up $46,198 (+195%) from 2016

Liabilities

Up

$59,550

Up $34,550 (+138%) from 2016

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin92nd percentile

Revenue

Up

$141,160

Up $42,343 (+43%) from 2016

Expenses

Down

$94,962

Down $17,382 (-15%) from 2016

Net Income

Up

$46,198

Up $59,725 (+442%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

$800K$600K$400K$200K$0Assets 2015: $37,223Liabilities 2015: $0Net Assets 2015: $37,2232015Assets 2016: $48,696Liabilities 2016: $25,000Net Assets 2016: $23,6962016Assets 2017: $129,444Liabilities 2017: $59,550Net Assets 2017: $69,8942017Assets 2018: $148,036Liabilities 2018: $93,487Net Assets 2018: $54,5492018Assets 2019: $58,759Liabilities 2019: $10,364Net Assets 2019: $48,3952019Assets 2020: $166,726Liabilities 2020: $98,250Net Assets 2020: $68,4762020Assets 2021: $266,859Liabilities 2021: $191,353Net Assets 2021: $75,5062021Assets 2022: $707,844Liabilities 2022: $658,032Net Assets 2022: $49,8122022Assets 2023: $347,365Liabilities 2023: $252,964Net Assets 2023: $94,4012023Assets 2024: $291,355Liabilities 2024: $201,720Net Assets 2024: $89,6352024

Highlighted filing

2017

Assets$129,444
Liabilities$59,550
Net Assets$69,894
Open 2017 Filing

Operations Trend

Revenue Growth91st percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2015: $138,806Expenses 2015: $131,730Net Income 2015: $7,0762015Revenue 2016: $98,817Expenses 2016: $112,344Net Income 2016: -$13,5272016Revenue 2017: $141,160Expenses 2017: $94,962Net Income 2017: $46,1982017Revenue 2018: $87,749Expenses 2018: $103,094Net Income 2018: -$15,3452018Revenue 2019: $145,398Expenses 2019: $151,552Net Income 2019: -$6,1542019Revenue 2020: $129,034Expenses 2020: $99,464Net Income 2020: $29,5702020Revenue 2021: $131,500Expenses 2021: $124,470Net Income 2021: $7,0302021Revenue 2022: $112,136Expenses 2022: $137,830Net Income 2022: -$25,6942022Revenue 2023: $153,009Expenses 2023: $108,420Net Income 2023: $44,5892023Revenue 2024: $117,368Expenses 2024: $122,134Net Income 2024: -$4,7662024

Highlighted filing

2017

Revenue$141,160
Expenses$94,962
Net Income$46,198
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Mar 11, 2018
Return Version
2017v2.2
Gross Receipts
$141,160
Mission and Program Overview

Mission

Arizonatech investors (ati) is an active community of accredited investors who meet regularly to review and analyze early-stage technology companies based in arizona and the greater southwest region.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION HELD 7 MEETINGS DURING THE YEAR, AT WHICH NUMEROUS ARIZONA DEVELOPMENTAL STAGE COMPANIES PRESENTED THEIR BUSINESS IDEAS AND FUNDING REQUIREMENTS. THE COMPANIES OBTAIN FEEDBACK FROM MEMBERS IN AN EFFORT TO STRENGTHEN BUSINESS IN THE COMMUNITY AND THEIR ORGANIZATIONS.$0$94,962
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JAMES GOULKACEOFT$36,000-$36,000
ROBERT LA LOGGIABoard Member-$0--
GEOFFREY OSSIASSecretary-$0--
MICHAEL PADDOCKBoard Member-$0--
JAMES SCHELLERTreasurer-$0--
ANN C DAMIANOBoard Member-$0--
SARA D MOYABoard Member-$0--
Political and Lobbying Activity
In-house lobbying only
Yes
Filing and Contact Details

Filer

Filer Name
Arizonatech Investors
EIN
27-1070872
Phone
6024630844
Address
2824 N POWER ROAD SUITE 113-113, MESA, AZ 85215

Signing Officer

Name
James Goulka
Title
President
Phone
6024630844
Signed
2018-03-11
Discuss with paid preparer
Yes

Preparer

Firm
Cliftonlarsonallen Llp
Address
5255 EAST WILLIAMS CIRCLE STE 5000, TUCSON, AZ 85711
Preparer
Loretta Peto
Phone
5207903500
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

“Description: sponsorship. Amount: 28,411. Description: interest. Amount: 6. Total to form 990-ez, line 8: 28,417.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: management fees. Amount: 16,454. Description: advertising and promotion. Amount: 2,500. Description: office expenses. Amount: 25. Description: meeting expenses. Amount: 31,392. Description: alliance fees. Amount: 3,531. Description: dues and subscriptions. Amount: 1,726. Description: educational programs. Amount: 145. Description: insurance. Amount: 1,579. Total to form 990-ez, line 16: 57,352.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: funds held - segregated account a. Beg. Of year amount: 25,000. End of year amount: 3,000. Description: funds held - segregated account b. Beg. Of year amount: 0. End of year amount: 56,550.”

Raw XML Appendix143 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.

Path#Value
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IRS990EZ/OperateHospitalInd00
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IRS990EZ/PrimaryExemptPurposeTxt0ARIZONATECH INVESTORS (ATI) IS AN ACTIVE COMMUNITY OF ACCREDITED INVESTORS WHO MEET REGULARLY TO REVIEW AND ANALYZE EARLY-STAGE TECHNOLOGY COMPANIES BASED IN ARIZONA AND THE GREATER SOUTHWEST REGION.
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IRS990ScheduleC/AgreeCarryoverPriorYearInd00
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IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: SPONSORSHIP. AMOUNT: 28,411. DESCRIPTION: INTEREST. AMOUNT: 6. TOTAL TO FORM 990-EZ, LINE 8: 28,417.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: MANAGEMENT FEES. AMOUNT: 16,454. DESCRIPTION: ADVERTISING AND PROMOTION. AMOUNT: 2,500. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 25. DESCRIPTION: MEETING EXPENSES. AMOUNT: 31,392. DESCRIPTION: ALLIANCE FEES. AMOUNT: 3,531. DESCRIPTION: DUES AND SUBSCRIPTIONS. AMOUNT: 1,726. DESCRIPTION: EDUCATIONAL PROGRAMS. AMOUNT: 145. DESCRIPTION: INSURANCE. AMOUNT: 1,579. TOTAL TO FORM 990-EZ, LINE 16: 57,352.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: FUNDS HELD - SEGREGATED ACCOUNT A. BEG. OF YEAR AMOUNT: 25,000. END OF YEAR AMOUNT: 3,000. DESCRIPTION: FUNDS HELD - SEGREGATED ACCOUNT B. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 56,550.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/FilingSecurityInformation/IPTm006:58:48
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
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ReturnHeader/PreparerPersonGrp/PreparationDt02018-03-07
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ReturnHeader/ReturnTs02018-04-02T16:38:55-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$129,444
Liabilities
$59,550
Net assets
$69,894
Revenue
$141,160
Expenses
$94,962
Net income
$46,198
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.91$2.02$0.90$1.17$1.22$0.05
2023Detailed filing. Detailed filing data is available for this year.$3.47$2.53$0.94$1.53$1.08$0.45
2022Detailed filing. Detailed filing data is available for this year.$7.08$6.58$0.50$1.12$1.38$0.26
2021Detailed filing. Detailed filing data is available for this year.$2.67$1.91$0.76$1.32$1.24$0.07
2020Detailed filing. Detailed filing data is available for this year.$1.67$0.98$0.68$1.29$0.99$0.30
2019Detailed filing. Detailed filing data is available for this year.$0.59$0.10$0.48$1.45$1.52$0.06
2018Detailed filing. Detailed filing data is available for this year.$1.48$0.93$0.55$0.88$1.03$0.15
2017Detailed filing. Detailed filing data is available for this year.$1.29$0.60$0.70$1.41$0.95$0.46
2016Detailed filing. Detailed filing data is available for this year.$0.49$0.25$0.24$0.99$1.12$0.14
2015Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$1.39$1.32$0.07