Civic Intelligence

Electronic Funds Transfer Association Inc

990 • Fiscal year 2012 • EIN 52-1123342

Jan 01, 2012 to Dec 31, 2012 • Filed on Oct 30, 2013

4000 Legato Road No 110022033
Siviq Scores

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

Liabilities / Assets

99th percentile

1.97x

Higher debt load relative to assets than 99% of similar nonprofits.

2012 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

3rd percentile

-41%

Faster asset growth than 3% of similar nonprofits.

2012 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$182,136

Down $124,162 (-41%) from 2011

Net Assets

Up

-$177,550

Up $16,439 (+8.5%) from 2011

Liabilities

Down

$359,686

Down $140,601 (-28%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$772,726

Up $77,859 (+11%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200K-$400KAssets 2011: $306,298Liabilities 2011: $500,287Net Assets 2011: -$193,9892011Assets 2012: $182,136Liabilities 2012: $359,686Net Assets 2012: -$177,5502012Assets 2013: $156,987Liabilities 2013: $372,022Net Assets 2013: -$215,0352013Assets 2014: $291,404Liabilities 2014: $375,126Net Assets 2014: -$83,7222014Assets 2015: $232,606Liabilities 2015: $355,853Net Assets 2015: -$123,2472015Assets 2016: $213,490Liabilities 2016: $356,937Net Assets 2016: -$143,4472016

Highlighted filing

2012

Assets$182,136
Liabilities$359,686
Net Assets-$177,550

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $694,8672011Expenses 2012: $772,7262012Revenue 2013: $705,541Expenses 2013: $742,936Net Income 2013: -$37,3952013Revenue 2014: $800,278Expenses 2014: $668,965Net Income 2014: $131,3132014Revenue 2015: $782,520Expenses 2015: $822,045Net Income 2015: -$39,5252015Revenue 2016: $724,853Expenses 2016: $745,353Net Income 2016: -$20,5002016

Highlighted filing

2012

Revenue-
Expenses$772,726
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Oct 30, 2013
Return Version
2012v2.1
Gross Receipts
$789,858
Mission and Program Overview

Mission

To objectively advance electronic payments and ecommerce. Inform the public and private sectors and keep EFTA stakeholders apprised of the business impacts of payments related legislative and regulatory initiatives.

Major Activities

Activity 2
Various government relations activities associated with electronic payment issues.
Activity 3
Correspondence and teleconferences to provide information on current topics which are of interest to members.
Filing and Contact Details

Filer

EIN
52-1123342
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IRS990ScheduleJ/SupplementalNonqualRetirePlan00
IRS990ScheduleO/GeneralExplanation/Explanation0THE ORGANIZATION HAS FOUR CLASSES OF MEMBERS: - SUSTAINING COMPANY MEMBERSHIP (INCLUDES SEAT ON EFTA BOARD OF DIRECTORS) FOR COMPANIES WITH REVENUE GREATER THAN $100M; - SUSTAINING COMPANY MEMBERSHIP (INCLUDES SEAT ON EFTA BOARD OF DIRECTORS) FOR COMPANIES WITH LESS THAN $100M IN REVENUE; -ASSOCIATE INDIVIDUAL MEMBERSHIP (INCLUDES MEMBERSHIP IN ONE COUNCIL) -GOVERNMENT
IRS990ScheduleO/GeneralExplanation/Explanation1AT EACH ANNUAL MEETING, THE DIRECTORS (WITHOUT REFERENCE TO THE CHAIRMAN OF THE BOARD, THE PRESIDENT, THE DIRECTORS NOMINATED BY SUSTAINING MEMBERS OR THE COUNCIL CHAIRMEN OF THE COUNCILS OF THE ASSOCIATION) SHALL BE ELECTED FOR A TERM OF ONE (1) YEAR. EACH COUNCIL SHALL ALSO BE ENTITLED TO DESIGNATE ONE OF ITS MEMBERS TO BE ELECTED AS A DIRECTOR IF THE CHAIRMAN OF SUCH COUNCIL IS ALREADY A DIRECTOR. ANY DIRECTOR MAY STAND FOR RE-ELECTION. EACH DIRECTOR NOMINATED BY A SUSTAINING MEMBER, UNLESS FOUND UNACCEPTABLE BY THE BOARD, SHALL BE ELECTED PROMPTLY TO THE BOARD BY THE BOARD AND SHALL SERVE UNTIL HIS OR HER SUCCESSOR SHALL BE NOMINATED BY SUCH SUSTAINING MEMBER AND ELECTED AS PROVIDED HEREIN. THE DULY ELECTED CHAIRMAN OF EACH COUNCIL SHALL, UNLESS FOUND UNACCEPTABLE BY THE BOARD, AUTOMATICALLY BECOME A DIRECTOR, EX OFFICIO, DURING HIS OR HER TERM OF OFFICE. THE PRESIDENT SHALL AUTOMATICALLY BECOME A VOTING DIRECTOR, EX OFFICIO.
IRS990ScheduleO/GeneralExplanation/Explanation2FORM 990 IS REVIEWED BY THE PRESIDENT & CEO.
IRS990ScheduleO/GeneralExplanation/Explanation3CONFLICT OF INTEREST DOCUMENTS ARE REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE.
IRS990ScheduleO/GeneralExplanation/Explanation4A SUBSET OF THE BOARD LED BY THE CHAIRMAN CONDUCTS A COMPENSATION REVIEW PROCESS, AND THE CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION IS DOCUMENTED AS WELL.
IRS990ScheduleO/GeneralExplanation/Explanation5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation6CONSULTANTS: TOTAL EXPENSES 94,600.
IRS990ScheduleO/GeneralExplanation/Identifier0OTHER FEES
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PART VI, SECTION C, LINE 19

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