Liabilities / Assets
74th percentile
Higher debt load relative to assets than 74% of similar nonprofits.
Design Verification Trade Association
EIN 45-4036953 • 501(c)6 • North Andover, MA
Profile
The association's 501(c)(6) activities include building and promoting the common interests of professionals in the semiconductor design and verification industry. This is accomplished through educational and networking events designed for professional development and stimulating a free exchange of information.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.09x
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on the latest valid filing.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Asset Growth
13th percentile
Faster asset growth than 13% of similar nonprofits.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Balance Sheet
Assets
Down$43,026
Down $55,610 (-56%) from 2024
Liabilities
Down$3,900
Down $7,500 (-66%) from 2024
Net Assets
Down$39,126
Down $48,110 (-55%) from 2024
Revenue
-
No earlier filing loaded for comparison.
Expenses
Up$48,110
Up $14,064 (+41%) from 2024
Net Income
-
No earlier filing loaded for comparison.
Trend Graphs
Filings
Most recent year
2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $43,026
- Liabilities
- $3,900
- Net assets
- $39,126
- Revenue
- -
- Expenses
- $48,110
- Net income
- -
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2025 to Dec 31, 2025
- Signed
- Feb 5, 2026
- Return Version
- 2025v4.0
Mission and Program Overview
Mission
The association's 501(c)(6) activities include building and promoting the common interests of professionals in the semiconductor design and verification industry. This is accomplished through educational and networking events designed for professional development and stimulating a free exchange of information.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE ASSOCIATION HELD 8 EDUCATIONAL PROGRAMS THROUGHOUT THE YEAR IN VARIOUS CITIES. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MICHAEL HOYT | President | - | $0 | - | - |
| KELLY LARSON | Secretary | - | $0 | - | - |
| JAMES CROCKER | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Design Verification Trade
- EIN
- 45-4036953
- Phone
- 9788378309
- Address
- 733 TURNPIKE STREET SUITE 8, NORTH ANDOVER, MA 01845-6137
Signing Officer
- Name
- Michael Hoyt
- Title
- President
- Phone
- 9786882581
- Signed
- 2026-02-05
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Sj Dennen CPA Pc
- Address
- 471 ANDOVER STREET, NORTH ANDOVER, MA 01845
- Preparer
- Steven J Dennen
- Phone
- 9786882581
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses office 54 travel 6,642 venue meals & entertainment 17,255 bank charges 55 newsletter 911 conferences, conventions 9,540 event expenses 3,445 meals & entertainment 148 payroll service charge 832 supplies 194 total 39,076”
Form 990-ez, Part II, Line 24
“Accounts receivable 39,000 0 total 39,000 0”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 7,500 0 unsecured notes and loans payable 3,900 3,900”
Form 990-ez, Part III
“The association's 501(c)(6) activities include building and promoting the common interests of professionals in the semiconductor design and verification industry. This is accomplished through educational and networking events designed for professional development and stimulating a free exchange of information.”
Raw XML Appendix97 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | RONALD FORD JR |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9788378309 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 733 TURNPIKE STREET SUITE 8 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | NORTH ANDOVER |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 01845 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 59636 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 43026 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -48110 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1765 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 98636 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 43026 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 87236 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 39126 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 87236 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 39126 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | MICHAEL HOYT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | KELLY LARSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JAMES CROCKER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 39000 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 39076 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE ASSOCIATION'S 501(C)(6) ACTIVITIES INCLUDE BUILDING AND PROMOTING THE COMMON INTERESTS OF PROFESSIONALS IN THE SEMICONDUCTOR DESIGN AND VERIFICATION INDUSTRY. THIS IS ACCOMPLISHED THROUGH EDUCATIONAL AND NETWORKING EVENTS DESIGNED FOR PROFESSIONAL DEVELOPMENT AND STIMULATING A FREE EXCHANGE OF INFORMATION. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 7269 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE ASSOCIATION HELD 8 EDUCATIONAL PROGRAMS THROUGHOUT THE YEAR IN VARIOUS CITIES. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 11400 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 3900 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 48110 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationAssocInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.DVCLUB.ORG |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES OFFICE 54 TRAVEL 6,642 VENUE MEALS & ENTERTAINMENT 17,255 BANK CHARGES 55 NEWSLETTER 911 CONFERENCES, CONVENTIONS 9,540 EVENT EXPENSES 3,445 MEALS & ENTERTAINMENT 148 PAYROLL SERVICE CHARGE 832 SUPPLIES 194 TOTAL 39,076 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS RECEIVABLE 39,000 0 TOTAL 39,000 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 7,500 0 UNSECURED NOTES AND LOANS PAYABLE 3,900 3,900 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ASSOCIATION'S 501(C)(6) ACTIVITIES INCLUDE BUILDING AND PROMOTING THE COMMON INTERESTS OF PROFESSIONALS IN THE SEMICONDUCTOR DESIGN AND VERIFICATION INDUSTRY. THIS IS ACCOMPLISHED THROUGH EDUCATIONAL AND NETWORKING EVENTS DESIGNED FOR PROFESSIONAL DEVELOPMENT AND STIMULATING A FREE EXCHANGE OF INFORMATION. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MICHAEL HOYT |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9786882581 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2026-02-05 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | DESIGN VERIFICATION TRADE |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | ASSOCIATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | DESI |
| ReturnHeader/Filer/EIN | 0 | 454036953 |
| ReturnHeader/Filer/PhoneNum | 0 | 9788378309 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 733 TURNPIKE STREET SUITE 8 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | NORTH ANDOVER |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 018456137 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 273730365 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SJ DENNEN CPA PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 471 ANDOVER STREET |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | NORTH ANDOVER |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 01845 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9786882581 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2026-02-05 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | STEVEN J DENNEN |
| ReturnHeader/ReturnTs | 0 | 2026-02-06T10:19:59-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2025-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2025-12-31 |
| ReturnHeader/TaxYr | 0 | 2025 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
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