Civic Intelligence

Design Verification Trade Association

990EZ • Fiscal year 2023 • EIN 45-4036953

Jan 01, 2023 to Dec 31, 2023 • Filed on Jan 29, 2024

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

71st percentile

0.08x

Higher debt load relative to assets than 71% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

88th percentile

0.33x

Higher debt load relative to revenue than 88% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Net Margin

6th percentile

-62%

Higher net margin than 6% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Asset Growth

26th percentile

-13%

Faster asset growth than 26% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

94th percentile

100%

Faster revenue growth than 94% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets71st percentile

Assets

Down

$50,181

Down $7,452 (-13%) from 2022

Net Assets

Down

$46,281

Down $7,452 (-14%) from 2022

Liabilities

Flat

$3,900

Flat from 2022

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin6th percentile

Revenue

Up

$12,000

Up $6,000 (+100%) from 2022

Expenses

Up

$19,451

Up $8,480 (+77%) from 2022

Net Income

Down

-$7,451

Down $2,480 (-50%) from 2022

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

2023

Assets$50,181
Liabilities$3,900
Net Assets$46,281
Open 2023 Filing

Operations Trend

Revenue Growth94th 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

2023

Revenue$12,000
Expenses$19,451
Net Income-$7,451
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jan 29, 2024
Return Version
2023v4.0
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 Pay73rd 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
2024-01-29
Discuss with paid preparer
Yes

Preparer

Firm
Sj Dennen CPA Pc
Address
471 ANDOVER STREET, NORTH ANDOVER, MA 01845
Preparer
Steven J Dennen
Phone
9786882581
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses office 724 bank charges 75 newsletter 1,013 conferences, conventions 14,120 registration 294 paychchex 835 website 97 total 17,158”

Form 990-ez, Part II, Line 24

“Prepaid expenses and deferred charges 724 0 total 724 0”

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 Appendix103 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/PersonNm0RONASLD FORD JR
IRS990EZ/BooksInCareOfDetail/PhoneNum09788378309
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0733 TURNPIKE STREET SUITE 8
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NORTH ANDOVER
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd001845
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt056908
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt050181
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-7451
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01382
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt057632
IRS990EZ/Form990TotalAssetsGrp/EOYAmt050181
IRS990EZ/GrossReceiptsAmt012000
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt053732
IRS990EZ/NetAssetsOrFundBalancesEOYAmt046281
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt053732
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt046281
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/BOYAmt0724
IRS990EZ/OtherExpensesTotalAmt017158
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/PrintingPublicationsPostageAmt0911
IRS990EZ/ProgramServiceRevenueAmt012000
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ASSOCIATION HELD 10 EDUCATIONAL PROGRAMS THROUGHOUT THE YEAR IN VARIOUS CITIES AND VIRTUAL.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt03900
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt03900
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt019451
IRS990EZ/TotalRevenueAmt012000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0WWW.DVCLUB.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE 724 BANK CHARGES 75 NEWSLETTER 1,013 CONFERENCES, CONVENTIONS 14,120 REGISTRATION 294 PAYCHCHEX 835 WEBSITE 97 TOTAL 17,158
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PREPAID EXPENSES AND DEFERRED CHARGES 724 0 TOTAL 724 0
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/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL HOYT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09786882581
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-01-29
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/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0273730365
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SJ DENNEN CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0471 ANDOVER STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORTH ANDOVER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001845
ReturnHeader/PreparerPersonGrp/PhoneNum09786882581
ReturnHeader/PreparerPersonGrp/PreparationDt02024-01-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN J DENNEN
ReturnHeader/ReturnTs02024-01-29T15:13:59-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MICHAEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HOYT
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$50,181
Liabilities
$3,900
Net assets
$46,281
Revenue
$12,000
Expenses
$19,451
Net income
-$7,451
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
2023Detailed filing. Detailed filing data is available for this year.$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
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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