Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
Design Verification Trade Association
990EZ • Fiscal year 2017 • EIN 45-4036953
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
4.69x
Liabilities / Revenue
72nd percentile
Higher debt load relative to revenue than 72% of similar nonprofits.
Net Margin
3rd percentile
Higher net margin than 3% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
1st percentile
Faster asset growth than 1% of similar nonprofits.
Revenue Growth
3rd percentile
Faster revenue growth than 3% of similar nonprofits.
Balance Sheet
Assets
Down$755
Down $44,705 (-98%) from 2016
Net Assets
Down-$2,783
Down $46,735 (-106%) from 2016
Liabilities
Up$3,538
Up $2,030 (+135%) from 2016
Revenue And Expenses
Revenue
Down$56,689
Down $106,811 (-65%) from 2016
Expenses
Down$103,424
Down $3,528 (-3.3%) from 2016
Net Income
Down-$46,735
Down $103,283 (-183%) from 2016
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2017 to Dec 31, 2017
- Signed
- Oct 17, 2018
- Return Version
- 2017v2.3
- Gross Receipts
- $56,689
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.
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
| Description | Grants | Expenses |
|---|---|---|
| THE ASSOCIATION HELD 14 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
- 9786882581
- Address
- 3310 W BRAKER LANE SUITE 300, AUSTIN, TX 78758-7853
Signing Officer
- Name
- Michael Hoyt
- Title
- President
- Phone
- 9786882581
- Signed
- 2018-10-17
- 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 151 travel 7,386 lodging 5,172 parking 601 rental car 2,819 conference, conventions, 6,784 bank service fees 338 raffle items 240 speakers fees 2,509 supplies 929 event venue expenses 38,644 meals 1,008 website 86 payroll service fees 1,524 trademark 425 commisions 1,500 total 70,116”
Form 990-ez, Part II, Line 24
“Pledges receivable 40,000 0 prepaid expenses and deferred charges 724 0 total 40,724 0”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 1,508 362 unsecured notes and loans payable 0 3,176”
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 Appendix109 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 | JIM CROCKER |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9786882581 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 510 TURNPIKE STREET SUITE 203 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | N ANDOVER |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 01845 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 4736 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 755 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 56688 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -46735 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 11457 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 45460 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 755 |
| IRS990EZ/GrossReceiptsAmt | 0 | 56689 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 1 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 43952 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -2783 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 43952 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -2783 |
| 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 | 40724 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 70116 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | 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. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 464 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE ASSOCIATION HELD 14 EDUCATIONAL PROGRAMS THROUGHOUT THE YEAR IN VARIOUS CITIES. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 21387 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 1508 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 3538 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 103424 |
| IRS990EZ/TotalRevenueAmt | 0 | 56689 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationAssocInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.DVCLUB.ORG |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES 151 TRAVEL 7,386 LODGING 5,172 PARKING 601 RENTAL CAR 2,819 CONFERENCE, CONVENTIONS, 6,784 BANK SERVICE FEES 338 RAFFLE ITEMS 240 SPEAKERS FEES 2,509 SUPPLIES 929 EVENT VENUE EXPENSES 38,644 MEALS 1,008 WEBSITE 86 PAYROLL SERVICE FEES 1,524 TRADEMARK 425 COMMISIONS 1,500 TOTAL 70,116 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | PLEDGES RECEIVABLE 40,000 0 PREPAID EXPENSES AND DEFERRED CHARGES 724 0 TOTAL 40,724 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,508 362 UNSECURED NOTES AND LOANS PAYABLE 0 3,176 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | 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. |
| 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 | 2018-06-14 16:35:46Z |
| 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 | 2018-10-17 |
| 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 | 9786882581 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 3310 W BRAKER LANE SUITE 300 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | AUSTIN |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 787587853 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 19C3764FD7E16FB4ACA36044FF05FC5449D87197 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 3B1D31E76CD1C70699A781690D44F456F7344810 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 167.68.16.49 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2018-10-17 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 14:26:08 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 273730365 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SJ DENNEN CPA PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 510 TURNPIKE STREET SUITE 203 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | NORTH ANDOVER |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 018455822 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9786882581 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2018-10-17 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | STEVEN J DENNEN |
| ReturnHeader/ReturnTs | 0 | 2018-10-17T14:26:08-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2017-12-31 |
| ReturnHeader/TaxYr | 0 | 2017 |
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.
- Assets
- $755
- Liabilities
- $3,538
- Net assets
- -$2,783
- Revenue
- $56,689
- Expenses
- $103,424
- Net income
- -$46,735