Civic Intelligence

Advanced Photonics Coalition C/O Vital Technical Marketing Inc

990 • Fiscal year 2024 • EIN 47-4920301

Jul 01, 2023 to Jun 30, 2024 • Filed on Oct 21, 2024

3855 SW 153rd DriveBeaverton, OR 97003

(503) 619-0505

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$28,106

Down $92,380 (-77%) from 2023

Net Assets

Down

$28,106

Down $92,380 (-77%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue And Expenses

Revenue

Down

$254,594

Down $149,208 (-37%) from 2023

Expenses

Down

$346,974

Down $165,197 (-32%) from 2023

Net Income

Up

-$92,380

Up $15,989 (+15%) from 2023

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2016: $470,659Liabilities 2016: $0Net Assets 2016: $470,6592016Assets 2017: $856,185Liabilities 2017: $0Net Assets 2017: $856,1852017Assets 2018: $995,911Liabilities 2018: $0Net Assets 2018: $995,9112018Assets 2019: $743,549Liabilities 2019: $249Net Assets 2019: $743,3002019Assets 2020: $311,329Liabilities 2020: $0Net Assets 2020: $311,3292020Assets 2021: $276,941Liabilities 2021: $0Net Assets 2021: $276,9412021Assets 2022: $228,855Liabilities 2022: $0Net Assets 2022: $228,8552022Assets 2023: $120,486Liabilities 2023: $0Net Assets 2023: $120,4862023Assets 2024: $28,106Liabilities 2024: $0Net Assets 2024: $28,1062024Assets 2025: $123,703Liabilities 2025: $0Net Assets 2025: $123,7032025

Highlighted filing

2024

Assets$28,106
Liabilities$0
Net Assets$28,106

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2016: $534,032Expenses 2016: $63,373Net Income 2016: $470,6592016Revenue 2017: $518,401Expenses 2017: $132,875Net Income 2017: $385,5262017Revenue 2018: $364,222Expenses 2018: $224,496Net Income 2018: $139,7262018Revenue 2019: $85,000Expenses 2019: $337,611Net Income 2019: -$252,6112019Revenue 2020: $10,000Expenses 2020: $441,971Net Income 2020: -$431,9712020Revenue 2021: $297,500Expenses 2021: $331,888Net Income 2021: -$34,3882021Revenue 2022: $406,500Expenses 2022: $454,586Net Income 2022: -$48,0862022Revenue 2023: $403,802Expenses 2023: $512,171Net Income 2023: -$108,3692023Revenue 2024: $254,594Expenses 2024: $346,974Net Income 2024: -$92,3802024Revenue 2025: $387,735Expenses 2025: $292,138Net Income 2025: $95,5972025

Highlighted filing

2024

Revenue$254,594
Expenses$346,974
Net Income-$92,380
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Oct 21, 2024
Return Version
2023v5.0
Gross Receipts
$254,594
Mission and Program Overview

Mission

To develop standards and specifications for board mounted fiber optic communication modules for datacenter applications.

To develop specifications and enable market adoption for development, manufacturing, and integration using optical interconnect and optical subassemblies in network equipment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$120,486$28,106▼ $92,380
Rtn Earn Endowment Incm Other Fnds$120,486$28,106▼ $92,380
Total Assets$120,486$28,106▼ $92,380
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$120,486$28,106▼ $92,380
Total Liabilities and Net Assets / Fund Balance$120,486$28,106▼ $92,380
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jeffery MakiChair
Casper DietrichVice-chair
Nikhil AngraDirector
Vikas GuptaDirector
Joshua KimSecretary
Jake JooTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Melissa KallosMarketing163 LLEWELLYN AVENUE, Campbell, CA 95008$208,804
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$253,490
Investment Income
$0
Other Revenue
$1,104
Change in Net Assets
$-92,380
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$346,974
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---$213,264
Fees for Services Management---$84,920
Conferences and Meetings---$36,864
Fees for Services Accounting---$4,007
Information Technology---$3,940
Fees for Services Legal---$1,778
Office Expenses---$1,104
Insurance---$1,097
Total Functional Expenses$0$0$0$346,974
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

Apc has 2 classes of membership: steering members and associate members. Members may be domestic or foreign, non-profit, general or limited partnerships, llcs, associations, and other entities. Steering members and associate members must have a demonstratable interest in the development, manufacture, integration, or use of optical interconnects or optical subassemblies.

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

Steering board members have voting rights on all matters regarding membership. Associate board members have rights on items specifically set forth in the bylaws.

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

Apc's draft form 990 was made available to the board of directors for their review and feedback. The treasurer then signed the form after agreement.

Form 990, Page 6, Part VI, Line 12C

The policy applies to any director or officer of the organization or member of any committee of the organization's board of directors that has authority to act on behalf of the board of directors, and those employees of the organization, if any, who may be designated by the president of the organization. Each person covered by the policy completes an annual conflict of interest questionnaire. They must also disclose all actual and potential conflicts both in the annual questionnaire and as they arise during the time he or she is covered by the policy. If there is a conflict of interest the interested person must recuse himself/herself from voting on any transaction or arrangement in which he/she has a potential or actual conflict of interrest, and will not be present when any such vote is taken. The president discloses to the board of directors all conflicts of interest reported to him or her. The board of directors evaluate the disclosures to determine whether they involve actual conflicts of interest and may attempt to develop alternatives to remove the conflict from the situation.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents available on its website. The conflict of interest policy and financial statements are made available to public upon request.

Filing and Contact Details

Filer

Filer Name
Advanced Photonics Coalition
EIN
47-4920301
Phone
5036190505
Address
3855 SW 153RD DRIVE, BEAVERTON, OR 97003

Signing Officer

Name
Jake Joo
Title
Treasurer
Phone
5036190505
Signed
2024-10-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeffery Maki
Formed
2015
Legal Domicile
Or
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

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, Page 1, Part I, Line 6

Officers and board of directors

Form 990, Part IX, Line 11G

Marketing 204,996 0 0 technical support 8,268 0 0 total 213,264 0 0

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OFFICERS AND BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1APC HAS 2 CLASSES OF MEMBERSHIP: STEERING MEMBERS AND ASSOCIATE MEMBERS. MEMBERS MAY BE DOMESTIC OR FOREIGN, NON-PROFIT, GENERAL OR LIMITED PARTNERSHIPS, LLCS, ASSOCIATIONS, AND OTHER ENTITIES. STEERING MEMBERS AND ASSOCIATE MEMBERS MUST HAVE A DEMONSTRATABLE INTEREST IN THE DEVELOPMENT, MANUFACTURE, INTEGRATION, OR USE OF OPTICAL INTERCONNECTS OR OPTICAL SUBASSEMBLIES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3APC'S DRAFT FORM 990 WAS MADE AVAILABLE TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND FEEDBACK. THE TREASURER THEN SIGNED THE FORM AFTER AGREEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE POLICY APPLIES TO ANY DIRECTOR OR OFFICER OF THE ORGANIZATION OR MEMBER OF ANY COMMITTEE OF THE ORGANIZATION'S BOARD OF DIRECTORS THAT HAS AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS, AND THOSE EMPLOYEES OF THE ORGANIZATION, IF ANY, WHO MAY BE DESIGNATED BY THE PRESIDENT OF THE ORGANIZATION. EACH PERSON COVERED BY THE POLICY COMPLETES AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE. THEY MUST ALSO DISCLOSE ALL ACTUAL AND POTENTIAL CONFLICTS BOTH IN THE ANNUAL QUESTIONNAIRE AND AS THEY ARISE DURING THE TIME HE OR SHE IS COVERED BY THE POLICY. IF THERE IS A CONFLICT OF INTEREST THE INTERESTED PERSON MUST RECUSE HIMSELF/HERSELF FROM VOTING ON ANY TRANSACTION OR ARRANGEMENT IN WHICH HE/SHE HAS A POTENTIAL OR ACTUAL CONFLICT OF INTERREST, AND WILL NOT BE PRESENT WHEN ANY SUCH VOTE IS TAKEN. THE PRESIDENT DISCLOSES TO THE BOARD OF DIRECTORS ALL CONFLICTS OF INTEREST REPORTED TO HIM OR HER. THE BOARD OF DIRECTORS EVALUATE THE DISCLOSURES TO DETERMINE WHETHER THEY INVOLVE ACTUAL CONFLICTS OF INTEREST AND MAY ATTEMPT TO DEVELOP ALTERNATIVES TO REMOVE THE CONFLICT FROM THE SITUATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE ON ITS WEBSITE. THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO PUBLIC UPON REQUEST.
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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/PreparationDt02024-10-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SEAN S KIM
ReturnHeader/ReturnTs02024-12-02T12:30:23-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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