Civic Intelligence

Design Verification Trade Association

990EZ • Fiscal year 2016 • EIN 45-4036953

Jan 01, 2016 to Dec 31, 2016 • Filed on Jul 27, 2017

3310 W Braker Lane Suite 300Austin, TX 78758-7853

(978) 688-2581

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.03x

Higher debt load relative to assets than 62% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

54th percentile

0.01x

Higher debt load relative to revenue than 54% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Net Margin

93rd percentile

35%

Higher net margin than 93% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Assets

$45,460

No earlier filing loaded for comparison.

Net Assets

$43,952

No earlier filing loaded for comparison.

Liabilities

$1,508

No earlier filing loaded for comparison.

Revenue

$163,500

No earlier filing loaded for comparison.

Expenses

$106,952

No earlier filing loaded for comparison.

Net Income

$56,548

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$100K$50K$0-$50KAssets 2016: $45,460Liabilities 2016: $1,508Net Assets 2016: $43,9522016Assets 2017: $755Liabilities 2017: $3,538Net Assets 2017: -$2,7832017Assets 2018: $1,833Liabilities 2018: $5,489Net Assets 2018: -$3,6562018Assets 2019: $51,154Liabilities 2019: $3,900Net Assets 2019: $47,2542019Assets 2020: $66,675Liabilities 2020: $3,900Net Assets 2020: $62,7752020Assets 2021: $62,604Liabilities 2021: $3,900Net Assets 2021: $58,7042021Assets 2022: $57,633Liabilities 2022: $3,900Net Assets 2022: $53,7332022Assets 2023: $50,181Liabilities 2023: $3,900Net Assets 2023: $46,2812023Assets 2024: $98,636Liabilities 2024: $11,400Net Assets 2024: $87,2362024Assets 2025: $43,026Liabilities 2025: $3,900Net Assets 2025: $39,1262025

Highlighted filing

2016

Assets$45,460
Liabilities$1,508
Net Assets$43,952

Operations Trend

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

$200K$100K$0-$100KRevenue 2016: $163,500Expenses 2016: $106,952Net Income 2016: $56,5482016Revenue 2017: $56,689Expenses 2017: $103,424Net Income 2017: -$46,7352017Revenue 2018: $54,000Expenses 2018: $54,869Net Income 2018: -$8692018Revenue 2019: $136,500Expenses 2019: $85,589Net Income 2019: $50,9112019Revenue 2020: $78,300Expenses 2020: $62,779Net Income 2020: $15,5212020Revenue 2021: $12,000Expenses 2021: $16,071Net Income 2021: -$4,0712021Revenue 2022: $6,000Expenses 2022: $10,971Net Income 2022: -$4,9712022Revenue 2023: $12,000Expenses 2023: $19,451Net Income 2023: -$7,4512023Revenue 2024: $75,000Expenses 2024: $34,046Net Income 2024: $40,9542024Expenses 2025: $48,1102025

Highlighted filing

2016

Revenue$163,500
Expenses$106,952
Net Income$56,548
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jul 27, 2017
Return Version
2016v3.0
Gross Receipts
$163,500
Mission and Program Overview

Mission

The association's activities include building and promoting the common business interest of the semiconductor design verification industry through educational and networking events designed for profeesional development, stimulating a free exchange of information benefitting the industry and consideration of current industry problems.

Program Services

DescriptionGrantsExpenses
THE ASSOCIATION HELD 14 EDUCATIONAL PROGRAMS THROUGHOUT THE YEAR IN VARIOUS CITIES.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL HOYTPresident-$0--
KELLY LARSONSecretary-$0--
JAMES CROCKERTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Design Verification Trade
EIN
45-4036953
Phone
9786882581
Address
3310 W BRAKER LANE SUITE 300, AUSTIN, TX 78758-7853

Signing Officer

Name
Michael Hoyt
Title
President
Phone
9786882581
Signed
2017-07-27
Discuss with paid preparer
Yes

Preparer

Firm
Sj Dennen CPA Pc
Address
510 TURNPIKE STREET SUITE 203, NORTH ANDOVER, MA 01845-5822
Preparer
Steven J Dennen
Phone
9786882581
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses 9,461 bank service fees 190 raffle items 450 speakers fees 5,025 supplies 276 event venue expenses 51,117 meals 568 hosting plans 614 payroll service fees 314 total 68,015

Form 990-ez, Part II, Line 24

Pledges receivable 0 40,000 inventories for sale or use 0 724 total 0 40,724

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 13,899 1,508

Form 990-ez, Part III

The association's activities include building and promoting the common business interest of the semiconductor design verification industry through educational and networking events designed for profeesional development, stimulating a free exchange of information benefitting the industry and consideration of current industry problems.

Raw XML Appendix104 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/ExplanationTxt1PLEDGES RECEIVABLE 0 40,000 INVENTORIES FOR SALE OR USE 0 724 TOTAL 0 40,724
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 13,899 1,508
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ASSOCIATION'S ACTIVITIES INCLUDE BUILDING AND PROMOTING THE COMMON BUSINESS INTEREST OF THE SEMICONDUCTOR DESIGN VERIFICATION INDUSTRY THROUGH EDUCATIONAL AND NETWORKING EVENTS DESIGNED FOR PROFEESIONAL DEVELOPMENT, STIMULATING A FREE EXCHANGE OF INFORMATION BENEFITTING THE INDUSTRY AND CONSIDERATION OF CURRENT INDUSTRY PROBLEMS.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
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ReturnHeader/ReturnTs02017-07-27T10:49:50-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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