Civic Intelligence

Industry Council for Tangible Assets

EIN 52-1301900 • 501(c)6 • Dacula, GA

Profile

Icta exists to promote and safeguard the interests of its members, serving as the industry watchdog to maintain an appropriate and favorable legislative and regulatory climate in the u.s.a. And all 50 states. The association provides a medium through which its members may confer, consult, and cooperate with and educate governmental and other agencies to achieve solutions to problems affecting their businesses. Icta also offers its members assistance and information on new and existing laws and regulations, and promotes harmony and cooperation among its members to advance the welfare of the industry.

PO Box 237Dacula, GA 30019

www.ncbassoc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

57th percentile

0.20x

Higher debt load relative to assets than 57% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

80th percentile

0.46x

Higher debt load relative to revenue than 80% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Net Margin

49th percentile

4.0%

Higher net margin than 49% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

53rd percentile

$145,678

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 32.7% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Asset Growth

38th percentile

1.5%

Faster asset growth than 38% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

12th percentile

-13%

Faster revenue growth than 12% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$1,033,155

Up $79,249 (+8.3%) from 2023

Liabilities

Down

$218,586

Down $23,475 (-9.7%) from 2023

Net Assets

Up

$814,569

Up $102,724 (+14%) from 2023

Revenue

Down

$513,558

Down $46 (-0.0%) from 2023

Expenses

Up

$418,722

Up $16,427 (+4.1%) from 2023

Net Income

Down

$94,836

Down $16,473 (-15%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2010: $318,553Liabilities 2010: $24,637Net Assets 2010: $293,9162010Assets 2011: $406,830Liabilities 2011: $25,059Net Assets 2011: $381,7712011Assets 2012: $427,848Liabilities 2012: $22,853Net Assets 2012: $404,9952012Assets 2013: $443,196Liabilities 2013: $15,546Net Assets 2013: $427,6502013Assets 2014: $290,989Liabilities 2014: $88,783Net Assets 2014: $202,2062014Assets 2015: $392,220Liabilities 2015: $150,510Net Assets 2015: $241,7102015Assets 2016: $334,278Liabilities 2016: $186,689Net Assets 2016: $147,5892016Assets 2017: $289,692Liabilities 2017: $183,190Net Assets 2017: $106,5022017Assets 2018: $207,422Liabilities 2018: $196,130Net Assets 2018: $11,2922018Assets 2019: $207,390Liabilities 2019: $186,906Net Assets 2019: $20,4842019Assets 2020: $256,170Liabilities 2020: $205,759Net Assets 2020: $50,4112020Assets 2021: $395,993Liabilities 2021: $233,010Net Assets 2021: $162,9832021Assets 2022: $828,857Liabilities 2022: $228,942Net Assets 2022: $599,9152022Assets 2023: $953,906Liabilities 2023: $242,061Net Assets 2023: $711,8452023Assets 2024: $1,033,155Liabilities 2024: $218,586Net Assets 2024: $814,5692024

Highlighted filing

2024

Assets$1,033,155
Liabilities$218,586
Net Assets$814,569

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0-$200KExpenses 2010: $310,8262010Expenses 2011: $321,5672011Expenses 2012: $342,9732012Revenue 2013: $415,879Expenses 2013: $393,224Net Income 2013: $22,6552013Revenue 2014: $438,302Expenses 2014: $462,120Net Income 2014: -$23,8182014Revenue 2015: $488,747Expenses 2015: $449,240Net Income 2015: $39,5072015Revenue 2016: $380,635Expenses 2016: $472,075Net Income 2016: -$91,4402016Revenue 2017: $558,773Expenses 2017: $597,359Net Income 2017: -$38,5862017Revenue 2018: $530,390Expenses 2018: $624,802Net Income 2018: -$94,4122018Revenue 2019: $352,077Expenses 2019: $342,885Net Income 2019: $9,1922019Revenue 2020: $388,900Expenses 2020: $358,973Net Income 2020: $29,9272020Revenue 2021: $295,810Expenses 2021: $183,238Net Income 2021: $112,5722021Revenue 2022: $638,027Expenses 2022: $201,060Net Income 2022: $436,9672022Revenue 2023: $513,604Expenses 2023: $402,295Net Income 2023: $111,3092023Revenue 2024: $513,558Expenses 2024: $418,722Net Income 2024: $94,8362024

Highlighted filing

2024

Revenue$513,558
Expenses$418,722
Net Income$94,836

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.03$0.22$0.81$0.51$0.42$0.09
2023Detailed filing. Detailed filing data is available for this year.$0.95$0.24$0.71$0.51$0.40$0.11
2022Detailed filing. Detailed filing data is available for this year.$0.83$0.23$0.60$0.64$0.20$0.44
2021Detailed filing. Detailed filing data is available for this year.$0.40$0.23$0.16$0.30$0.18$0.11
2020Detailed filing. Detailed filing data is available for this year.$0.26$0.21$0.05$0.39$0.36$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.21$0.19$0.02$0.35$0.34$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.21$0.20$0.01$0.53$0.62$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.29$0.18$0.11$0.56$0.60$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.33$0.19$0.15$0.38$0.47$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.39$0.15$0.24$0.49$0.45$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.29$0.09$0.20$0.44$0.46$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.44$0.02$0.43$0.42$0.39$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.02$0.40$0.34
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.03$0.38$0.32
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.02$0.29$0.31
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 29, 2025
Return Version
2024v5.1
Gross Receipts
$513,558
Mission and Program Overview

Mission

Icta exists to promote and safeguard the interests of its members, serving as the industry watchdog to maintain an appropriate and favorable legislative and regulatory climate in the u.s.a. And all 50 states. The association provides a medium through which its members may confer, consult, and cooperate with and educate governmental and other agencies to achieve solutions to problems affecting their businesses. Icta also offers its members assistance and information on new and existing laws and regulations, and promotes harmony and cooperation among its members to advance the welfare of the industry.

Icta provides information to tangible asset dealers in the united states regarding laws and regulation concerning the tangible asset industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$509,727$948,047▲ $438,320
Rtn Earn Endowment Incm Other Fnds$711,845$814,569▲ $102,724
Cash and Non-Interest-Bearing Accounts$406,275$50,375▼ $355,900
Accounts Receivable$27,538$26,945▼ $593
Prepaid Expenses and Deferred Charges$10,366$7,788▼ $2,578
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$953,906$1,033,155▲ $79,249
Liabilities
Deferred Revenue$227,878$212,435▼ $15,443
Accounts Payable and Accrued Expenses$14,183$6,151▼ $8,032
Total Liabilities$242,061$218,586▼ $23,475
Net Assets / Fund Balance
Total Net Assets Fund Balance$711,845$814,569▲ $102,724
Total Liabilities and Net Assets / Fund Balance$953,906$1,033,155▲ $79,249
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David CrenshawExecutive DirectorFT$128,500$13,265$141,765

Board Members and Trustees

NameTitle
Patrick PerezChair
John BrushImmediate Past Chair
John FisherVice-chair
Andy SalzbergDirector
Dan DuncanDirector
Gary LinthicumDirector
Greg AllenDirector
Kim KiickDirector
Max SpiegelDirector
Mike FuljenzDirector
Philip DiehlDirector
Robert FritschDirector
Stephanie SabinDirector
Terry HanlonDirector
Tom HallenbeckDirector
Simon CodringtonSecretary
Brian KintTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Washington Matters LLCGeneral Counsel135 HEARTWOOD CIR, Lafayette, LA 70503$144,000
Revenue and Support

Revenue Composition

Contributions and Grants
$193,231
Program Service Revenue
$293,019
Investment Income
$27,308
Other Revenue
$0
All Other Contributions
$193,231
Change in Net Assets
$94,836
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$265,626
Salaries, Compensation, and Employee Benefits$151,597
Grants and Similar Amounts Paid$1,499
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal---$144,000
Current Officers, Directors, Trustees, and Key Employees---$141,757
Fees for Services Other---$35,941
Conferences and Meetings---$21,031
Advertising---$19,347
Office Expenses---$16,603
Travel---$13,986
Payroll Taxes---$9,840
Fees for Services Accounting---$7,651
Insurance---$4,825
Information Technology---$2,242
Grants to Domestic Individuals---$1,499
Total Functional Expenses$0$0$0$418,722
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
Yes
Annual disclosure for covered persons
No
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The classes of members of the corporation shall be as follows: 1. Basic: recommended for a vest pocket or retired dealer (1 employee) 2. Copper: recommended for a coin shop or show dealer (1-3 employees) 3. Bronze: recommended for a coin shop or show dealer (4-9 employees) 4. Silver: recommended for a coin shop or show dealer (10-19 employees) 5. Gold: recommended for a larger numismatic/bullion company (20 or more employees) 6. Platinum: recommended for numismatic corporations/auction houses/grading services 7. Concerned collectors coalition 8. Numismatic organization

Form 990, Part VI, Section A, Line 7A

New directors shall be elected by eligible voting members at the annual meeting. Election of the board of directors shall be conducted in accordance with the policy and procedures manual.

Form 990, Part VI, Section A, Line 7B

Each member with voting rights shall be entitled to cast one vote on any question brought before the membership, except as might be otherwise provided in a resolution of the board of directors.

Form 990, Part VI, Section B, Line 11B

The tax return is prepared by an independent accounting firm and reviewed by the executive director. It is provided to the board prior to filing.

Form 990, Part VI, Section B, Line 15

The organization has a volunteer board of directors, treasurer, and officers. The officers meet and review compensation for similar sized organizations, activities, and employees of similar senority. The officers, acting for the full board of directors, review all hiring decisions and compensation, and approve them. The organization compares compensation issued with other non-profit organizations using publicly available information.

Form 990, Part VI, Section C, Line 19

The governing documents and financial statements may be requested via the organization's website.

Filing and Contact Details

Filer

Filer Name
Industry Council for Tangible Assets
EIN
52-1301900
Phone
6784303252
Address
PO BOX 237, DACULA, GA 30019
Doing Business As
National Coin & Bullion Association

Signing Officer

Name
David Crenshaw
Title
Executive Director
Phone
6785485307
Signed
2025-04-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Crenshaw
Formed
1983
Legal Domicile
De
Voting Board Members
15
Independent Board Members
15
Employees
1
Volunteers
15

Preparer

Firm
Cherry Bekaert Advisory LLC
Address
1075 PEACHTREE STREET NE SUITE 1600, ATLANTA, GA 30309
Preparer
Kevin Fuqua CPA
Phone
4042090954
Raw XML AppendixShowing 400 of 433 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.

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IRS990/Form990PartVIISectionAGrp/PersonNm15ROBERT FRITSCH
IRS990/Form990PartVIISectionAGrp/PersonNm16KIM KIICK
IRS990/Form990PartVIISectionAGrp/PersonNm17DAVID CRENSHAW
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4IMMEDIATE PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17EXECUTIVE DIRECTOR
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IRS990/MissionDesc0ICTA EXISTS TO PROMOTE AND SAFEGUARD THE INTERESTS OF ITS MEMBERS, SERVING AS THE INDUSTRY WATCHDOG TO MAINTAIN AN APPROPRIATE AND FAVORABLE LEGISLATIVE AND REGULATORY CLIMATE IN THE U.S.A. AND ALL 50 STATES. THE ASSOCIATION PROVIDES A MEDIUM THROUGH WHICH ITS MEMBERS MAY CONFER, CONSULT, AND COOPERATE WITH AND EDUCATE GOVERNMENTAL AND OTHER AGENCIES TO ACHIEVE SOLUTIONS TO PROBLEMS AFFECTING THEIR BUSINESSES. ICTA ALSO OFFERS ITS MEMBERS ASSISTANCE AND INFORMATION ON NEW AND EXISTING LAWS AND REGULATIONS, AND PROMOTES HARMONY AND COOPERATION AMONG ITS MEMBERS TO ADVANCE THE WELFARE OF THE INDUSTRY.
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IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt0814569
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IRS990/NondeductibleContributionsInd01
IRS990/NondeductibleContriDisclInd01
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IRS990/OfficerMailingAddressInd00
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IRS990/Organization501cInd0X
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IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt09840
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010366
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07788
IRS990/PrincipalOfficerNm0DAVID CRENSHAW
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IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1MEETINGS
IRS990/ProgramServiceRevenueGrp/Desc2SPONSORSHIPS
IRS990/ProgramServiceRevenueGrp/Desc3PUBLICATIONS
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14575
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22975
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IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CLASSES OF MEMBERS OF THE CORPORATION SHALL BE AS FOLLOWS: 1. BASIC: RECOMMENDED FOR A VEST POCKET OR RETIRED DEALER (1 EMPLOYEE) 2. COPPER: RECOMMENDED FOR A COIN SHOP OR SHOW DEALER (1-3 EMPLOYEES) 3. BRONZE: RECOMMENDED FOR A COIN SHOP OR SHOW DEALER (4-9 EMPLOYEES) 4. SILVER: RECOMMENDED FOR A COIN SHOP OR SHOW DEALER (10-19 EMPLOYEES) 5. GOLD: RECOMMENDED FOR A LARGER NUMISMATIC/BULLION COMPANY (20 OR MORE EMPLOYEES) 6. PLATINUM: RECOMMENDED FOR NUMISMATIC CORPORATIONS/AUCTION HOUSES/GRADING SERVICES 7. CONCERNED COLLECTORS COALITION 8. NUMISMATIC ORGANIZATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NEW DIRECTORS SHALL BE ELECTED BY ELIGIBLE VOTING MEMBERS AT THE ANNUAL MEETING. ELECTION OF THE BOARD OF DIRECTORS SHALL BE CONDUCTED IN ACCORDANCE WITH THE POLICY AND PROCEDURES MANUAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH MEMBER WITH VOTING RIGHTS SHALL BE ENTITLED TO CAST ONE VOTE ON ANY QUESTION BROUGHT BEFORE THE MEMBERSHIP, EXCEPT AS MIGHT BE OTHERWISE PROVIDED IN A RESOLUTION OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE TAX RETURN IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY THE EXECUTIVE DIRECTOR. IT IS PROVIDED TO THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION HAS A VOLUNTEER BOARD OF DIRECTORS, TREASURER, AND OFFICERS. THE OFFICERS MEET AND REVIEW COMPENSATION FOR SIMILAR SIZED ORGANIZATIONS, ACTIVITIES, AND EMPLOYEES OF SIMILAR SENORITY. THE OFFICERS, ACTING FOR THE FULL BOARD OF DIRECTORS, REVIEW ALL HIRING DECISIONS AND COMPENSATION, AND APPROVE THEM. THE ORGANIZATION COMPARES COMPENSATION ISSUED WITH OTHER NON-PROFIT ORGANIZATIONS USING PUBLICLY AVAILABLE INFORMATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS MAY BE REQUESTED VIA THE ORGANIZATION'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
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IRS990/TerminateOperationsInd00
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IRS990/TotalProgramServiceRevenueAmt0293019
IRS990/TotalReportableCompFromOrgAmt0128500
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0513558
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt015
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IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 237
IRS990/USAddress/CityNm0DACULA
IRS990/USAddress/StateAbbreviationCd0GA

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