Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
Design Verification Trade Association
990EZ • Fiscal year 2018 • EIN 45-4036953
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
2.99x
Liabilities / Revenue
78th percentile
Higher debt load relative to revenue than 78% of similar nonprofits.
Net Margin
38th percentile
Higher net margin than 38% of similar nonprofits.
Top Officer Pay
70th percentile
Higher top officer pay than 70% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
97th percentile
Faster asset growth than 97% of similar nonprofits.
Revenue Growth
37th percentile
Faster revenue growth than 37% of similar nonprofits.
Balance Sheet
Assets
Up$1,833
Up $1,078 (+143%) from 2017
Net Assets
Down-$3,656
Down $873 (-31%) from 2017
Liabilities
Up$5,489
Up $1,951 (+55%) from 2017
Revenue And Expenses
Revenue
Down$54,000
Down $2,689 (-4.7%) from 2017
Expenses
Down$54,869
Down $48,555 (-47%) from 2017
Net Income
Up-$869
Up $45,866 (+98%) from 2017
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2018 to Dec 31, 2018
- Signed
- Jun 20, 2019
- Return Version
- 2018v3.1
- Gross Receipts
- $54,000
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
- 2019-06-20
- 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 698 bank service fees 167 registration fees 280 event venue expenses 17,754 meals 1,133 website 3,131 payroll service fees 1,401 conference/meetings 800 total 25,364”
Form 990-ez, Part II, Line 24
“Prepaid expenses and deferred charges 0 724 total 0 724”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 366 1,589 unsecured notes and loans payable 3,176 3,900”
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 Appendix108 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 | 755 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 1109 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 54000 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -869 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 9012 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 755 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 1833 |
| IRS990EZ/GrossReceiptsAmt | 0 | 54000 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -2787 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -3656 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -2787 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -3656 |
| 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/EOYAmt | 0 | 724 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 25364 |
| 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 | 906 |
| 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 | 19587 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 3542 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 5489 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 54869 |
| IRS990EZ/TotalRevenueAmt | 0 | 54000 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationAssocInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.DVCLUB.ORG |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES 698 BANK SERVICE FEES 167 REGISTRATION FEES 280 EVENT VENUE EXPENSES 17,754 MEALS 1,133 WEBSITE 3,131 PAYROLL SERVICE FEES 1,401 CONFERENCE/MEETINGS 800 TOTAL 25,364 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | PREPAID EXPENSES AND DEFERRED CHARGES 0 724 TOTAL 0 724 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 366 1,589 UNSECURED NOTES AND LOANS PAYABLE 3,176 3,900 |
| 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 | 2019-02-21 02:37:17Z |
| 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 | 2019-06-20 |
| 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 | 48FFB77D4616A23198CCEF00C1607D9269D3B27A |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 3FA6B1F2686BB45C3826A88A5968E42EF562B40E |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 167.68.16.49 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2019-07-18 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 07:29:43 |
| 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 | 2019-06-19 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | STEVEN J DENNEN |
| ReturnHeader/ReturnTs | 0 | 2019-07-18T07:29:43-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2018-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-12-31 |
| ReturnHeader/TaxYr | 0 | 2018 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $1,833
- Liabilities
- $5,489
- Net assets
- -$3,656
- Revenue
- $54,000
- Expenses
- $54,869
- Net income
- -$869