Liabilities / Assets
72nd percentile
Higher debt load relative to assets than 72% of similar nonprofits.
Design Verification Trade Association
990EZ • Fiscal year 2019 • EIN 45-4036953
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.08x
Liabilities / Revenue
66th percentile
Higher debt load relative to revenue than 66% of similar nonprofits.
Net Margin
94th percentile
Higher net margin than 94% of similar nonprofits.
Top Officer Pay
71st percentile
Higher top officer pay than 71% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
100th percentile
Faster asset growth than 100% of similar nonprofits.
Revenue Growth
98th percentile
Faster revenue growth than 98% of similar nonprofits.
Balance Sheet
Assets
Up$51,154
Up $49,321 (+2691%) from 2018
Net Assets
Up$47,254
Up $50,910 (+1393%) from 2018
Liabilities
Down$3,900
Down $1,589 (-29%) from 2018
Revenue And Expenses
Revenue
Up$136,500
Up $82,500 (+153%) from 2018
Expenses
Up$85,589
Up $30,720 (+56%) from 2018
Net Income
Up$50,911
Up $51,780 (+5959%) from 2018
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2019 to Dec 31, 2019
- Signed
- Feb 3, 2020
- Return Version
- 2019v5.0
- Gross Receipts
- $136,500
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
- 2020-02-03
- 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 office 80 travel 13,559 travel cab 115 lodging 2,190 parking 432 rental car 536 conference, conventions, 38,255 bank service fees 103 newsletter 595 contract services 280 registration fees 750 speakers 4,500 supplies 273 meals 1,027 website 86 payroll service fees 1,545 rffle items 256 operations 458 total 65,040”
Form 990-ez, Part II, Line 24
“Accounts receivable 0 48,000 prepaid expenses and deferred charges 724 724 total 724 48,724”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 1,590 0 unsecured notes and loans payable 3,900 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 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 | 1109 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 2430 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 50911 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 6505 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 1833 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 51154 |
| IRS990EZ/GrossReceiptsAmt | 0 | 136500 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -3657 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 47254 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -3657 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 47254 |
| 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 | 724 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 48724 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 65040 |
| 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 | 862 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 136500 |
| 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 | 13182 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 5490 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 3900 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 85589 |
| IRS990EZ/TotalRevenueAmt | 0 | 136500 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationAssocInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.DVCLUB.ORG |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES OFFICE 80 TRAVEL 13,559 TRAVEL CAB 115 LODGING 2,190 PARKING 432 RENTAL CAR 536 CONFERENCE, CONVENTIONS, 38,255 BANK SERVICE FEES 103 NEWSLETTER 595 CONTRACT SERVICES 280 REGISTRATION FEES 750 SPEAKERS 4,500 SUPPLIES 273 MEALS 1,027 WEBSITE 86 PAYROLL SERVICE FEES 1,545 RFFLE ITEMS 256 OPERATIONS 458 TOTAL 65,040 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS RECEIVABLE 0 48,000 PREPAID EXPENSES AND DEFERRED CHARGES 724 724 TOTAL 724 48,724 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,590 0 UNSECURED NOTES AND LOANS PAYABLE 3,900 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 | 2020-09-23 17:36:50Z |
| 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 | 2020-02-03 |
| 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 | 7B8D34EB536F76E6362EEB36F495CE6860A7D468 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 5CD6EBCB03C6224A7EDF0D6D2E184FD293134FFA |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 52.38.98.93 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2020-02-17 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CS |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 13:53:22 |
| 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 | 2020-02-03 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | STEVEN J DENNEN |
| ReturnHeader/ReturnTs | 0 | 2020-02-17T13:53:22-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-12-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $51,154
- Liabilities
- $3,900
- Net assets
- $47,254
- Revenue
- $136,500
- Expenses
- $85,589
- Net income
- $50,911