Civic Intelligence

Electronic Components Industry Association

990 • Fiscal year 2023 • EIN 27-3654002

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 25, 2024

310 Maxwell Rd Ste 200Alpharetta, GA 30009

(678) 393-9990

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$8,967,099

Up $1,022,844 (+13%) from 2022

Net Assets

Up

$7,927,022

Up $1,021,551 (+15%) from 2022

Liabilities

Up

$1,040,077

Up $1,293 (+0.1%) from 2022

Revenue And Expenses

Revenue

Up

$5,242,227

Up $857,252 (+20%) from 2022

Expenses

Up

$4,671,688

Up $129,339 (+2.8%) from 2022

Net Income

Up

$570,539

Up $727,913 (+463%) from 2022

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $1,185,571Liabilities 2011: $286,153Net Assets 2011: $899,4182011Assets 2012: $1,917,119Liabilities 2012: $115,141Net Assets 2012: $1,801,9782012Assets 2013: $6,414,384Liabilities 2013: $284,465Net Assets 2013: $6,129,9192013Assets 2014: $6,707,617Liabilities 2014: $640,514Net Assets 2014: $6,067,1032014Assets 2015: $5,884,501Liabilities 2015: $339,406Net Assets 2015: $5,545,0952015Assets 2016: $5,894,943Liabilities 2016: $482,655Net Assets 2016: $5,412,2882016Assets 2017: $6,693,106Liabilities 2017: $379,589Net Assets 2017: $6,313,5172017Assets 2018: $6,406,687Liabilities 2018: $885,811Net Assets 2018: $5,520,8762018Assets 2019: $7,325,607Liabilities 2019: $679,249Net Assets 2019: $6,646,3582019Assets 2020: $8,239,124Liabilities 2020: $759,535Net Assets 2020: $7,479,5892020Assets 2021: $9,459,474Liabilities 2021: $1,029,393Net Assets 2021: $8,430,0812021Assets 2022: $7,944,255Liabilities 2022: $1,038,784Net Assets 2022: $6,905,4712022Assets 2023: $8,967,099Liabilities 2023: $1,040,077Net Assets 2023: $7,927,0222023Assets 2024: $10,686,406Liabilities 2024: $937,108Net Assets 2024: $9,749,2982024

Highlighted filing

2023

Assets$8,967,099
Liabilities$1,040,077
Net Assets$7,927,022

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $2,068,5772011Expenses 2012: $2,089,0302012Revenue 2013: $6,692,206Expenses 2013: $2,676,020Net Income 2013: $4,016,1862013Revenue 2014: $2,481,332Expenses 2014: $2,773,733Net Income 2014: -$292,4012014Revenue 2015: $2,683,379Expenses 2015: $3,059,267Net Income 2015: -$375,8882015Revenue 2016: $2,913,345Expenses 2016: $3,302,383Net Income 2016: -$389,0382016Revenue 2017: $3,880,985Expenses 2017: $3,434,430Net Income 2017: $446,5552017Revenue 2018: $3,764,038Expenses 2018: $3,919,095Net Income 2018: -$155,0572018Revenue 2019: $3,620,231Expenses 2019: $3,524,680Net Income 2019: $95,5512019Revenue 2020: $3,211,967Expenses 2020: $3,145,428Net Income 2020: $66,5392020Revenue 2021: $3,916,948Expenses 2021: $3,392,528Net Income 2021: $524,4202021Revenue 2022: $4,384,975Expenses 2022: $4,542,349Net Income 2022: -$157,3742022Revenue 2023: $5,242,227Expenses 2023: $4,671,688Net Income 2023: $570,5392023Revenue 2024: $6,496,222Expenses 2024: $4,761,983Net Income 2024: $1,734,2392024

Highlighted filing

2023

Revenue$5,242,227
Expenses$4,671,688
Net Income$570,539
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 25, 2024
Return Version
2023v5.0
Gross Receipts
$6,363,184
Mission and Program Overview

Mission

The mission of the association is to promote and improve the business environment for the authorized sale of electronic components

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,829,921$7,124,701▲ $1,294,780
Savings and Temporary Cash Investments-$1,324,879-
Cash and Non-Interest-Bearing Accounts$989,450$183,795▼ $805,655
Accounts Receivable$145,447$107,571▼ $37,876
Prepaid Expenses and Deferred Charges$29,678--
Intangible Assets$13,200$6,966▼ $6,234
Investments Other Securities$709,184$1,416▼ $707,768
Land, Buildings, and Equipment, Net$1,846$1,131▼ $715
Total Assets$7,944,255$8,967,099▲ $1,022,844
Other Assets Total$225,529$216,640▼ $8,889
Liabilities
Deferred Revenue$496,443$710,010▲ $213,567
Accounts Payable and Accrued Expenses$361,208$206,271▼ $154,937
Other Liabilities$181,133$123,796▼ $57,337
Total Liabilities$1,038,784$1,040,077▲ $1,293
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,905,471$7,927,022▲ $1,021,551
Total Net Assets Fund Balance$6,905,471$7,927,022▲ $1,021,551
Total Liabilities and Net Assets / Fund Balance$7,944,255$8,967,099▲ $1,022,844

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,131$15,394$16,525
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David LoftusPresident &FT$316,075$21,018$337,093
David LoftusPresident & CEO-$316,075$21,018$337,093
Victor MeijersSVPFT$217,538$17,802$235,340
Dale FordChief AnalysFT$198,399-$198,399
Dale FordChief Analyst-$198,399$17,690$198,399
Don ElarioVP Global PrFT$178,267-$178,267
Don ElarioVP Global Practices-$178,267$17,802$178,267
Edward MikoskiVP StandardsFT$142,798$17,690$160,488
Edward MikoskiVP Standards & Tech-$142,798-$160,488
Ryan RiestererGeneral CounFT$107,354$6,441$113,795
Stephanie TierneyDirector MarketiFT$102,861$4,786$107,647
Robin GrayChief Operat-$102,229-$102,229

Board Members and Trustees

NameTitle
Mark ShiringChair
Michael MortonChair-elect
Adam GrigorMfr. Rep Director
Dayna BadhornDistributor
Francis FlynnDistributor
Karim YasmineDistributor
Thomas WichertManufacturer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,225,788
Program Service Revenue
$3,007,141
Investment Income
$297,936
Other Revenue
$711,362
Change in Net Assets
$570,539
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,904,938
Salaries, Compensation, and Employee Benefits$1,766,750
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$862,646
Advertising---$804,467
Current Officers, Directors, Trustees, and Key Employees---$674,662
Conferences and Meetings---$396,167
Information Technology---$301,224
Fees for Services Other---$111,857
Fees for Services Management---$109,087
Other Employee Benefits---$101,538
Payroll Taxes---$100,305
Occupancy---$77,208
Travel---$49,866
Office Expenses---$45,508
Fees for Service Investment Mgmnt Fees---$39,153
Pension Plan Contributions---$27,599
Other Expenses---$20,858
Depreciation Depletion---$8,777
Insurance---$4,129
Total Functional Expenses$0$0$0$4,671,688
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Obligation$98,404
Deferred Compensation$25,392
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 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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Copy of 990 provided to the executive committee for review prior to submission.

Form 990, Page 6, Part VI, Line 12C

Officers and directors annually are required to disclose any conflicts of interest

Form 990, Page 6, Part VI, Line 15A

Review and approval by executive committee at employment and contract renewal. Comparison using staff and budgets size criteria with at least three established association executive compensation surveys.

Form 990, Page 6, Part VI, Line 15B

Review and approval by executive committee at employment and contract renewal. Comparison using staff and budgets size criteria with at least three established association executive compensation surveys.

Form 990, Page 6, Part VI, Line 19

Information available upon request

Filing and Contact Details

Filer

Filer Name
Electronic Components Industry
EIN
27-3654002
Phone
6783939990
Address
310 MAXWELL RD STE 200, ALPHARETTA, GA 30009

Signing Officer

Name
David Loftus
Title
President & CEO
Phone
6783939990
Signed
2024-10-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Loftus
Formed
2010
Legal Domicile
Ga
Voting Board Members
8
Independent Board Members
7
Employees
10
Volunteers
224

Preparer

Firm
Reed Quinn & Mcclure LLC
Address
2055 N BROWN RD STE 150, LAWRENCEVILLE, GA 30043-4920
Preparer
Gregory Silberman
Phone
7704499144
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Board, council and committee

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IRS990/ProgramServiceRevenueGrp/Desc3STATISTICS
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IRS990/ProgSrvcAccomActy3Grp/Desc0ANTI-COUNTERFEITING- ON-GOING SUPPORT OF INDUSTRY,CUSTOMER AND GOVERNMENT EFFORTS TO FIGHT COUNTERFEIT ELECTRONIC COMPONENTS THROUGH INCREASING PUBLIC, INDUSTRY,CUSTOMER AND GOVERNMENT AWARENESS OF THE PROBLEM AND DEVELOPING RECOMMENDATIONS FOR SOLUTIONS.
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED COMPENSATION
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01131
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2DALE FORD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3VICTOR MEIJERS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm4EDWARD MIKOSKI
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1VP GLOBAL PRACTICES
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2CHIEF ANALYST
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3SVP
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt4VP STANDARDS & TECH
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD, COUNCIL AND COMMITTEE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COPY OF 990 PROVIDED TO THE EXECUTIVE COMMITTEE FOR REVIEW PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICERS AND DIRECTORS ANNUALLY ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REVIEW AND APPROVAL BY EXECUTIVE COMMITTEE AT EMPLOYMENT AND CONTRACT RENEWAL. COMPARISON USING STAFF AND BUDGETS SIZE CRITERIA WITH AT LEAST THREE ESTABLISHED ASSOCIATION EXECUTIVE COMPENSATION SURVEYS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4REVIEW AND APPROVAL BY EXECUTIVE COMMITTEE AT EMPLOYMENT AND CONTRACT RENEWAL. COMPARISON USING STAFF AND BUDGETS SIZE CRITERIA WITH AT LEAST THREE ESTABLISHED ASSOCIATION EXECUTIVE COMPENSATION SURVEYS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5INFORMATION AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ECIA FOUNDATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0363257037
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0FOUNDATION
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0310 MAXWELL ROAD SUITE 200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ALPHARETTA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd030009
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$10.7$0.94$9.75$6.50$4.76$1.73
2023Detailed filing. Detailed filing data is available for this year.$8.97$1.04$7.93$5.24$4.67$0.57
2022Detailed filing. Detailed filing data is available for this year.$7.94$1.04$6.91$4.38$4.54$0.16
2021Detailed filing. Detailed filing data is available for this year.$9.46$1.03$8.43$3.92$3.39$0.52
2020Detailed filing. Detailed filing data is available for this year.$8.24$0.76$7.48$3.21$3.15$0.07
2019Detailed filing. Detailed filing data is available for this year.$7.33$0.68$6.65$3.62$3.52$0.10
2018Detailed filing. Detailed filing data is available for this year.$6.41$0.89$5.52$3.76$3.92$0.16
2017Detailed filing. Detailed filing data is available for this year.$6.69$0.38$6.31$3.88$3.43$0.45
2016Detailed filing. Detailed filing data is available for this year.$5.89$0.48$5.41$2.91$3.30$0.39
2015Detailed filing. Detailed filing data is available for this year.$5.88$0.34$5.55$2.68$3.06$0.38
2014Detailed filing. Detailed filing data is available for this year.$6.71$0.64$6.07$2.48$2.77$0.29
2013Detailed filing. Detailed filing data is available for this year.$6.41$0.28$6.13$6.69$2.68$4.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.92$0.12$1.80$2.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.19$0.29$0.90$2.07