Civic Intelligence

Virginia Telecommunications Industry Assoc

990EZ • Fiscal year 2019 • EIN 54-1032207

Jul 01, 2018 to Jun 30, 2019 • Filed on Mar 25, 2020

3126 West Cary St 413Richmond, VA 23221-3504

(804) 643-7429

Siviq Scores

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

Liabilities / Assets

57th percentile

0.02x

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

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

69th percentile

0.04x

Higher debt load relative to revenue than 69% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Net Margin

2nd percentile

-122%

Higher net margin than 2% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

10th percentile

-32%

Faster asset growth than 10% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

86th percentile

29%

Faster revenue growth than 86% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$115,960

Down $55,741 (-32%) from 2018

Net Assets

Down

$114,975

Down $54,936 (-32%) from 2018

Liabilities

Up

$1,982

Up $192 (+11%) from 2018

Revenue

Up

$45,085

Up $10,021 (+29%) from 2018

Expenses

Down

$100,021

Down $2,568 (-2.5%) from 2018

Net Income

Up

-$54,936

Up $12,589 (+19%) from 2018

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $335,621Liabilities 2011: $708Net Assets 2011: $334,9132011Assets 2012: $276,754Liabilities 2012: $3,429Net Assets 2012: $273,3252012Assets 2013: $302,525Liabilities 2013: $3,253Net Assets 2013: $299,2722013Assets 2014: $268,205Liabilities 2014: $3,449Net Assets 2014: $264,7562014Assets 2015: $297,905Liabilities 2015: $146Net Assets 2015: $297,7592015Assets 2016: $356,944Liabilities 2016: $2,692Net Assets 2016: $354,2522016Assets 2017: $240,020Liabilities 2017: $1,575Net Assets 2017: $238,4452017Assets 2018: $171,701Liabilities 2018: $1,790Net Assets 2018: $169,9112018Assets 2019: $115,960Liabilities 2019: $1,982Net Assets 2019: $114,9752019Assets 2020: $62,673Liabilities 2020: $1,166Net Assets 2020: $61,5072020Assets 2023: $43,417Liabilities 2023: $0Net Assets 2023: $43,4172023Assets 2024: $49,699Liabilities 2024: $0Net Assets 2024: $49,6992024Assets 2025: $57,966Liabilities 2025: $0Net Assets 2025: $57,9662025

Highlighted filing

2019

Assets$115,960
Liabilities$1,982
Net Assets$114,975

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $419,237Expenses 2011: $331,830Net Income 2011: $87,4072011Expenses 2012: $367,3132012Revenue 2013: $318,871Expenses 2013: $292,924Net Income 2013: $25,9472013Revenue 2014: $286,078Expenses 2014: $320,594Net Income 2014: -$34,5162014Revenue 2015: $199,139Expenses 2015: $166,136Net Income 2015: $33,0032015Revenue 2016: $219,440Expenses 2016: $171,330Net Income 2016: $48,1102016Revenue 2017: $41,842Expenses 2017: $156,864Net Income 2017: -$115,0222017Revenue 2018: $35,064Expenses 2018: $102,589Net Income 2018: -$67,5252018Revenue 2019: $45,085Expenses 2019: $100,021Net Income 2019: -$54,9362019Revenue 2020: $50,856Expenses 2020: $103,327Net Income 2020: -$52,4712020Revenue 2023: $58,800Expenses 2023: $49,236Net Income 2023: $9,5642023Revenue 2024: $60,089Expenses 2024: $53,807Net Income 2024: $6,2822024Revenue 2025: $52,600Expenses 2025: $44,333Net Income 2025: $8,2672025

Highlighted filing

2019

Revenue$45,085
Expenses$100,021
Net Income-$54,936
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Mar 25, 2020
Return Version
2018v3.2
Gross Receipts
$45,085
Mission and Program Overview

Mission

Telecommunication issues and education

Program Services

DescriptionGrantsExpenses
CONFERENCES AND MEETINGS FOR MEMBERS AND INTERESTED INDIVIDUALS TO EDUCATE PERSONNEL ON MATTERS RELATING TO REGULATORY DIRECTIVES AND NEW IDEAS AND TOPICS IN TELECOMMUNICATIONS.-$42,964
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DURONT WALTONExecutive DiFT$73,615-$73,615
MICHELE TAYLORPresident-$0--
TONY EATONVice Preside-$0--
JEFF HANDLEYSecretary/Tr-$0--
R CRAIG SMITHImmediate Pa-$0--
GREG SAPPDirector-$0--
FRED LAWLESSDirector-$0--
TIM HARRISDirector-$0--
ROB TAYLORDirector-$0--
Political and Lobbying Activity
In-house lobbying only
No
Filing and Contact Details

Filer

Filer Name
Virginia Telecommunications
EIN
54-1032207
Phone
8046437429
Address
3126 WEST CARY ST 413, RICHMOND, VA 23221-3504

Signing Officer

Name
Duront Walton
Title
Executive Director
Phone
8046437429
Signed
2020-03-25
Discuss with paid preparer
Yes

Preparer

Firm
Stephen F Perry CPA Pc
Address
3522 BOULEVARD STE A, COLONIAL HEIGHTS, VA 23834-1320
Preparer
Stephen F Perry
Phone
8045201272
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses 6,384 conference/meeting expenses 2,108 interest 89 supplies 1,939 telephone 2,226 postage & shipping 30 printing & publications 49 credit card fees 275 dues and subscriptions 335 other taxes 1,155 total 14,590

Form 990-ez, Part II, Line 24

Equipment & furniture 6,250 6,250 less accumulated depreciation 6,250 6,250 ntca retiree trust 2,038 2,038 total 2,038 2,038

Form 990-ez, Part II, Line 26

Payroll liabilities 1,790 1,982

Form 990-ez, Part III, Line 28

Conferences and meetings for members and interested individuals to educate personnel on matters relating to regulatory directives and new ideas and topics in telecommunications.

Raw XML Appendix144 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/BusinessName/BusinessNameLine1Txt0VTIA
IRS990EZ/BooksInCareOfDetail/PhoneNum08046437429
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03126 WEST CARY ST 413
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0RICHMOND
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd023221
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0169663
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0113922
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt032630
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-54936
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt05520
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0true
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0171701
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0115960
IRS990EZ/GainOrLossFromSaleOfAssetsAmt076
IRS990EZ/GrossReceiptsAmt045085
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt02783
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0169911
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0114975
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0169911
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0113978
IRS990EZ/OccupancyRentUtltsAndMaintAmt0614
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt440.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt6000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt7000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt8000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt473615
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHELE TAYLOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TONY EATON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JEFF HANDLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3R CRAIG SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DURONT WALTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5GREG SAPP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6FRED LAWLESS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7TIM HARRIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8ROB TAYLOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY/TR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3IMMEDIATE PA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4EXECUTIVE DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt02038
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02038
IRS990EZ/OtherExpensesTotalAmt014590
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TELECOMMUNICATION ISSUES AND EDUCATION
IRS990EZ/ProgramServiceRevenueAmt09596
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CONFERENCES AND MEETINGS FOR MEMBERS AND INTERESTED INDIVIDUALS TO EDUCATE PERSONNEL ON MATTERS RELATING TO REGULATORY DIRECTIVES AND NEW IDEAS AND TOPICS IN TELECOMMUNICATIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt042964
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt079297
IRS990EZ/SaleOfAssetsGrossAmt076
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0VA
IRS990EZ/SubjectToProxyTaxInd0true
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01790
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01982
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0100021
IRS990EZ/TotalProgramServiceExpensesAmt042964
IRS990EZ/TotalRevenueAmt045085
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0VTIA.ORG
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/DuesAssessmentsAmt032630
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES 6,384 CONFERENCE/MEETING EXPENSES 2,108 INTEREST 89 SUPPLIES 1,939 TELEPHONE 2,226 POSTAGE & SHIPPING 30 PRINTING & PUBLICATIONS 49 CREDIT CARD FEES 275 DUES AND SUBSCRIPTIONS 335 OTHER TAXES 1,155 TOTAL 14,590
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EQUIPMENT & FURNITURE 6,250 6,250 LESS ACCUMULATED DEPRECIATION 6,250 6,250 NTCA RETIREE TRUST 2,038 2,038 TOTAL 2,038 2,038
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PAYROLL LIABILITIES 1,790 1,982
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONFERENCES AND MEETINGS FOR MEMBERS AND INTERESTED INDIVIDUALS TO EDUCATE PERSONNEL ON MATTERS RELATING TO REGULATORY DIRECTIVES AND NEW IDEAS AND TOPICS IN TELECOMMUNICATIONS.
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, LINE 28
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DURONT WALTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08046437429
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-03-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VIRGINIA TELECOMMUNICATIONS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INDUSTRY ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0VIRG
ReturnHeader/Filer/EIN0541032207
ReturnHeader/Filer/PhoneNum08046437429
ReturnHeader/Filer/USAddress/AddressLine1Txt03126 WEST CARY ST 413
ReturnHeader/Filer/USAddress/CityNm0RICHMOND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd0232213504
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0105765E572DEB4DC3E7ACB4146B0BE8786E2D991
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId08683DB072FAA0B674601E894B2D65FEA5D850DE4
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt052.37.240.203
ReturnHeader/FilingSecurityInformation/IPDt02020-03-30
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm015:38:10
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541611116
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0STEPHEN F PERRY CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03522 BOULEVARD STE A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COLONIAL HEIGHTS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0238341320
ReturnHeader/PreparerPersonGrp/PhoneNum08045201272
ReturnHeader/PreparerPersonGrp/PreparationDt02020-03-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEPHEN F PERRY
ReturnHeader/ReturnTs02020-03-30T15:38:10-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$0.00$0.58$0.53$0.44$0.08
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$0.00$0.50$0.60$0.54$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$0.59$0.49$0.10
2020Detailed filing. Detailed filing data is available for this year.$0.63$0.01$0.62$0.51$1.03$0.52
2019Detailed filing. Detailed filing data is available for this year.$1.16$0.02$1.15$0.45$1.00$0.55
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.72$0.02$1.70$0.35$1.03$0.68
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.40$0.02$2.38$0.42$1.57$1.15
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.57$0.03$3.54$2.19$1.71$0.48
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.98$0.00$2.98$1.99$1.66$0.33
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.68$0.03$2.65$2.86$3.21$0.35
2013Summary only. Only limited summary data is available for this year.$3.03$0.03$2.99$3.19$2.93$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.77$0.03$2.73$3.67
2011Summary only. Only limited summary data is available for this year.$3.36$0.01$3.35$4.19$3.32$0.87