Civic Intelligence

Nvm Express Inc

990 • Fiscal year 2022 • EIN 46-4586505

Jan 01, 2022 to Dec 31, 2022 • Filed on May 01, 2023

3855 SW 153rd DriveBeaverton, OR 97003

(503) 619-0505

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

74th percentile

0.25x

Higher debt load relative to assets than 74% of similar nonprofits.

2022 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

82nd percentile

0.38x

Higher debt load relative to revenue than 82% of similar nonprofits.

2022 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2022

Net Margin

87th percentile

27%

Higher net margin than 87% of similar nonprofits.

2022 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

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

2022 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2022

Asset Growth

71st percentile

12%

Faster asset growth than 71% of similar nonprofits.

2022 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

30th percentile

-0.7%

Faster revenue growth than 30% of similar nonprofits.

2022 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$644,097

Up $71,225 (+12%) from 2021

Net Assets

Up

$482,805

Up $114,869 (+31%) from 2021

Liabilities

Down

$161,292

Down $43,644 (-21%) from 2021

Revenue

Down

$429,059

Down $3,094 (-0.7%) from 2021

Expenses

Up

$314,190

Up $64,074 (+26%) from 2021

Net Income

Down

$114,869

Down $67,168 (-37%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2014: $121,691Liabilities 2014: $55,241Net Assets 2014: $66,4502014Assets 2015: $236,971Liabilities 2015: $108,364Net Assets 2015: $128,6072015Assets 2016: $345,713Liabilities 2016: $121,300Net Assets 2016: $224,4132016Assets 2017: $272,680Liabilities 2017: $97,552Net Assets 2017: $175,1282017Assets 2018: $235,260Liabilities 2018: $131,484Net Assets 2018: $103,7762018Assets 2019: $199,071Liabilities 2019: $137,937Net Assets 2019: $61,1342019Assets 2020: $350,982Liabilities 2020: $165,083Net Assets 2020: $185,8992020Assets 2021: $572,872Liabilities 2021: $204,936Net Assets 2021: $367,9362021Assets 2022: $644,097Liabilities 2022: $161,292Net Assets 2022: $482,8052022Assets 2023: $732,206Liabilities 2023: $160,465Net Assets 2023: $571,7412023Assets 2024: $877,940Liabilities 2024: $201,267Net Assets 2024: $676,6732024

Highlighted filing

2022

Assets$644,097
Liabilities$161,292
Net Assets$482,805

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2014: $180,173Expenses 2014: $113,723Net Income 2014: $66,4502014Revenue 2015: $234,153Expenses 2015: $171,996Net Income 2015: $62,1572015Revenue 2016: $293,604Expenses 2016: $197,798Net Income 2016: $95,8062016Revenue 2017: $252,148Expenses 2017: $301,433Net Income 2017: -$49,2852017Revenue 2018: $302,138Expenses 2018: $373,490Net Income 2018: -$71,3522018Revenue 2019: $290,253Expenses 2019: $332,895Net Income 2019: -$42,6422019Revenue 2020: $378,478Expenses 2020: $253,713Net Income 2020: $124,7652020Revenue 2021: $432,153Expenses 2021: $250,116Net Income 2021: $182,0372021Revenue 2022: $429,059Expenses 2022: $314,190Net Income 2022: $114,8692022Revenue 2023: $415,301Expenses 2023: $326,365Net Income 2023: $88,9362023Revenue 2024: $425,643Expenses 2024: $320,421Net Income 2024: $105,2222024

Highlighted filing

2022

Revenue$429,059
Expenses$314,190
Net Income$114,869
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 1, 2023
Return Version
2022v5.0
Gross Receipts
$429,059
Mission and Program Overview

Mission

To fulfill its purposes, the corporation: (i) develops new, or updates existing, open specifications for the data storage industry and then acts as the neutral repository for the corporation's approved nvme specifications; and (ii) promotes and markets the benefits of the corporation's approved nvme specifications to the data storage industry to enable broader industry adoption of the corporation's open and publicly- available standards.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$525,620$600,414▲ $74,794
Rtn Earn Endowment Incm Other Fnds$367,936$482,805▲ $114,869
Accounts Receivable$38,000$39,000▲ $1,000
Prepaid Expenses and Deferred Charges$9,252$4,683▼ $4,569
Total Assets$572,872$644,097▲ $71,225
Liabilities
Deferred Revenue$119,342$128,328▲ $8,986
Other Liabilities$76,500$28,500▼ $48,000
Accounts Payable and Accrued Expenses$9,094$4,464▼ $4,630
Total Liabilities$204,936$161,292▼ $43,644
Net Assets / Fund Balance
Total Net Assets Fund Balance$367,936$482,805▲ $114,869
Total Liabilities and Net Assets / Fund Balance$572,872$644,097▲ $71,225
Compensation and Service Providers

Board Members and Trustees

NameTitle
Amber HuffmanPresident
Bill LynnDirector
Bill MartinDirector
Chris PetersenDirector
Craig CarlsonDirector
Fred KnightDirector
John GeldmanDirector
Kamal BakshiDirector
Lee PrewittDirector
Ryan MeredithDirector
Dave LandsmanSecretary
David AllenTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
NereusPublic Relation3855 SW 153RD DRIVE, Beaverton, OR 97003$124,117
Vital Technical Marketing INCManagement3855 SW 153RD DRIVE, Beaverton, OR 97003$123,765
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$429,059
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$114,869
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$314,190
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other---$125,205
Fees for Services Management---$82,320
Information Technology---$36,608
Fees for Services Legal---$25,453
Advertising---$17,700
Conferences and Meetings---$16,805
Office Expenses---$5,295
Fees for Services Accounting---$2,000
Insurance---$1,592
Other Expenses---$1,212
Total Functional Expenses$0$0$0$314,190
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Deposits$28,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

The organization delegates the majority of operations secretariat duties to the management company, vital technical marketing, inc. Including but not limited to administration of the majority of meetings, assistance with membership duties and all financial duties.

Form 990, Page 6, Part VI, Line 6

Adopter: -right to have access to ratified technical proposals -right to participate in the annual all-member meeting -right to actively participate in the corporation's marketing and promotional activities at trade shows and other industry events -right to participate in any logo or certification mark licensing program ("logo program") -early access to a final specification before it is released to the general public. Contributor: -all adopter benefits plus: -right to participate in work groups -right to vote as a participant of a work group -right to receive and review draft specifications promotor: -all adopter and contributor benefits plus: -a seat on the board of directors

Form 990, Page 6, Part VI, Line 7A

Current members have the authority to vote to elect or appoint members to the board.

Form 990, Page 6, Part VI, Line 11B

The form 990 is distributed to the board for review prior to the president signing.

Form 990, Page 6, Part VI, Line 19

Nvm express, inc. Does make its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Nvm Express Inc
EIN
46-4586505
Phone
5036190505
Address
3855 SW 153RD DRIVE, BEAVERTON, OR 97003

Signing Officer

Name
Amber Huffman
Title
President
Phone
5036190505
Signed
2023-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amber Huffman
Formed
2014
Legal Domicile
De
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
12

Preparer

Firm
Skcpa & Co
Address
10260 SW GREENBURG ROAD SUITE 1000, PORTLAND, OR 97223-5526
Preparer
Sean S Kim
Phone
5032931040
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To fulfill its purposes, the corporation: (i) develops new, or updates existing, open specifications for the data storage industry and then acts as the neutral repository for the corporation's approved nvme specifications; and (ii) promotes and markets the benefits of the corporation's approved nvme specifications to the data storage industry to enable broader industry adoption of the corporation's open and publicly- available standards.

Form 990, Page 1, Part I, Line 6

Officers and board members.

Form 990, Part IX, Line 11G

Public relations services 102,000 0 0 spec editor 23,205 0 0 total 125,205 0 0

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CUSTOMER DEPOSITS
IRS990ScheduleD/TotalLiabilityAmt028500
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO FULFILL ITS PURPOSES, THE CORPORATION: (I) DEVELOPS NEW, OR UPDATES EXISTING, OPEN SPECIFICATIONS FOR THE DATA STORAGE INDUSTRY AND THEN ACTS AS THE NEUTRAL REPOSITORY FOR THE CORPORATION'S APPROVED NVME SPECIFICATIONS; AND (II) PROMOTES AND MARKETS THE BENEFITS OF THE CORPORATION'S APPROVED NVME SPECIFICATIONS TO THE DATA STORAGE INDUSTRY TO ENABLE BROADER INDUSTRY ADOPTION OF THE CORPORATION'S OPEN AND PUBLICLY- AVAILABLE STANDARDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS AND BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DELEGATES THE MAJORITY OF OPERATIONS SECRETARIAT DUTIES TO THE MANAGEMENT COMPANY, VITAL TECHNICAL MARKETING, INC. INCLUDING BUT NOT LIMITED TO ADMINISTRATION OF THE MAJORITY OF MEETINGS, ASSISTANCE WITH MEMBERSHIP DUTIES AND ALL FINANCIAL DUTIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ADOPTER: -RIGHT TO HAVE ACCESS TO RATIFIED TECHNICAL PROPOSALS -RIGHT TO PARTICIPATE IN THE ANNUAL ALL-MEMBER MEETING -RIGHT TO ACTIVELY PARTICIPATE IN THE CORPORATION'S MARKETING AND PROMOTIONAL ACTIVITIES AT TRADE SHOWS AND OTHER INDUSTRY EVENTS -RIGHT TO PARTICIPATE IN ANY LOGO OR CERTIFICATION MARK LICENSING PROGRAM ("LOGO PROGRAM") -EARLY ACCESS TO A FINAL SPECIFICATION BEFORE IT IS RELEASED TO THE GENERAL PUBLIC. CONTRIBUTOR: -ALL ADOPTER BENEFITS PLUS: -RIGHT TO PARTICIPATE IN WORK GROUPS -RIGHT TO VOTE AS A PARTICIPANT OF A WORK GROUP -RIGHT TO RECEIVE AND REVIEW DRAFT SPECIFICATIONS PROMOTOR: -ALL ADOPTER AND CONTRIBUTOR BENEFITS PLUS: -A SEAT ON THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CURRENT MEMBERS HAVE THE AUTHORITY TO VOTE TO ELECT OR APPOINT MEMBERS TO THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FORM 990 IS DISTRIBUTED TO THE BOARD FOR REVIEW PRIOR TO THE PRESIDENT SIGNING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NVM EXPRESS, INC. DOES MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PUBLIC RELATIONS SERVICES 102,000 0 0 SPEC EDITOR 23,205 0 0 TOTAL 125,205 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0314190
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0204936
IRS990/TotalLiabilitiesEOYAmt0161292
IRS990/TotalLiabilitiesGrp/BOYAmt0204936
IRS990/TotalLiabilitiesGrp/EOYAmt0161292
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0482805
IRS990/TotalProgramServiceRevenueAmt0429059
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0429059
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0429059
IRS990/TotalVolunteersCnt012
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0644097
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03855 SW 153RD DRIVE
IRS990/USAddress/CityNm0BEAVERTON
IRS990/USAddress/StateAbbreviationCd0OR
IRS990/USAddress/ZIPCd097003
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0WWW.NVMEXPRESS.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0AMBER HUFFMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05036190505
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NVM EXPRESS INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O VITAL TECHNICAL MARKETING INC
ReturnHeader/Filer/BusinessNameControlTxt0NVME
ReturnHeader/Filer/EIN0464586505
ReturnHeader/Filer/PhoneNum05036190505
ReturnHeader/Filer/USAddress/AddressLine1Txt03855 SW 153RD DRIVE
ReturnHeader/Filer/USAddress/CityNm0BEAVERTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OR
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0731691547
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SKCPA & CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010260 SW GREENBURG ROAD SUITE 1000
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PORTLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0972235526
ReturnHeader/PreparerPersonGrp/PhoneNum05032931040
ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SEAN S KIM
ReturnHeader/ReturnTs02023-05-09T14:53:32-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0AMBER
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HUFFMAN
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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