Civic Intelligence

Design Verification Trade Association

990EZ • Fiscal year 2021 • EIN 45-4036953

Jan 01, 2021 to Dec 31, 2021 • Filed on Feb 08, 2022

Organization ProfileWWW.DVCLUB.ORG
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

67th percentile

0.06x

Higher debt load relative to assets than 67% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

85th percentile

0.33x

Higher debt load relative to revenue than 85% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Net Margin

12th percentile

-34%

Higher net margin than 12% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Asset Growth

26th percentile

-6.1%

Faster asset growth than 26% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

4th percentile

-85%

Faster revenue growth than 4% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets67th percentile

Assets

Down

$62,604

Down $4,071 (-6.1%) from 2020

Net Assets

Down

$58,704

Down $4,071 (-6.5%) from 2020

Liabilities

Flat

$3,900

Flat from 2020

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin12th percentile

Revenue

Down

$12,000

Down $66,300 (-85%) from 2020

Expenses

Down

$16,071

Down $46,708 (-74%) from 2020

Net Income

Down

-$4,071

Down $19,592 (-126%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

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

2021

Assets$62,604
Liabilities$3,900
Net Assets$58,704
Open 2021 Filing

Operations Trend

Revenue Growth4th percentile

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

2021

Revenue$12,000
Expenses$16,071
Net Income-$4,071
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Feb 8, 2022
Return Version
2021v4.0
Gross Receipts
$12,000
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

DescriptionGrantsExpenses
THE ASSOCIATION HELD 10 EDUCATIONAL PROGRAMS THROUGHOUT THE YEAR IN VARIOUS CITIES AND VIRTUAL.--
Compensation and Service Providers
Top Officer Pay72nd percentile

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
2022-02-08
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 bank service fees 85 newsletter 524 website 97 payroll service fees 1,110 total 1,816”

Form 990-ez, Part II, Line 24

“Accounts receivable 24,000 0 prepaid expenses and deferred charges 724 724 total 24,724 724”

Form 990-ez, Part II, Line 26

“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 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JIM CROCKER
IRS990EZ/BooksInCareOfDetail/PhoneNum09786882581
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0510 TURNPIKE STREET SUITE 203
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0N ANDOVER
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd001845
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt041951
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt061880
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IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-4071
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt06737
IRS990EZ/ForeignFinancialAccountInd0false
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt062604
IRS990EZ/GrossReceiptsAmt012000
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt062775
IRS990EZ/NetAssetsOrFundBalancesEOYAmt058704
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt062775
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt058704
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHAEL HOYT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KELLY LARSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JAMES CROCKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt024724
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0724
IRS990EZ/OtherExpensesTotalAmt01816
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE 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/PrintingPublicationsPostageAmt0461
IRS990EZ/ProgramServiceRevenueAmt012000
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ASSOCIATION HELD 10 EDUCATIONAL PROGRAMS THROUGHOUT THE YEAR IN VARIOUS CITIES AND VIRTUAL.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt07057
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt03900
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt03900
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt016071
IRS990EZ/TotalRevenueAmt012000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0WWW.DVCLUB.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES BANK SERVICE FEES 85 NEWSLETTER 524 WEBSITE 97 PAYROLL SERVICE FEES 1,110 TOTAL 1,816
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 24,000 0 PREPAID EXPENSES AND DEFERRED CHARGES 724 724 TOTAL 24,724 724
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNSECURED NOTES AND LOANS PAYABLE 3,900 3,900
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.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL HOYT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09786882581
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-02-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DESIGN VERIFICATION TRADE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0DESI
ReturnHeader/Filer/EIN0454036953
ReturnHeader/Filer/PhoneNum09786882581
ReturnHeader/Filer/USAddress/AddressLine1Txt03310 W BRAKER LANE SUITE 300
ReturnHeader/Filer/USAddress/CityNm0AUSTIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd0787587853
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0273730365
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SJ DENNEN CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0510 TURNPIKE STREET SUITE 203
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORTH ANDOVER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0018455822
ReturnHeader/PreparerPersonGrp/PhoneNum09786882581
ReturnHeader/PreparerPersonGrp/PreparationDt02022-02-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN J DENNEN
ReturnHeader/ReturnTs02022-03-02T09:38:26-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MICHAEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HOYT
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$62,604
Liabilities
$3,900
Net assets
$58,704
Revenue
$12,000
Expenses
$16,071
Net income
-$4,071
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.43$0.04$0.39$0.48
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.99$0.11$0.87$0.75$0.34$0.41
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$0.04$0.46$0.12$0.19$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$0.04$0.54$0.06$0.11$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.63$0.04$0.59$0.12$0.16$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$0.04$0.63$0.78$0.63$0.16
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.51$0.04$0.47$1.37$0.86$0.51
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.02$0.05$0.04$0.54$0.55$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.01$0.04$0.03$0.57$1.03$0.47
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.45$0.02$0.44$1.64$1.07$0.57