Civic Intelligence

Greater Richmond Technology Council

990 • Fiscal year 2013 • EIN 54-1599550

Jan 01, 2013 to Dec 31, 2013 • Filed on Jul 21, 2014

Organization ProfileWWW.RICHTECH.COM

View Organization Page

C/O Piascik 4470 Cox Rd No 250Richmond, VA 23060

(804) 228-4178

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.57x

Higher debt load relative to assets than 92% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

93rd percentile

0.46x

Higher debt load relative to revenue than 93% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

Net Margin

14th percentile

-17%

Higher net margin than 14% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

Top Officer Pay

67th percentile

$0

Higher top officer pay than 67% of similar nonprofits.

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

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

Asset Growth

44th percentile

0.0%

Faster asset growth than 44% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$214,304

Up $24 (+0.0%) from 2012

Net Assets

Down

$92,813

Down $44,474 (-32%) from 2012

Liabilities

Up

$121,491

Up $44,498 (+58%) from 2012

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin14th percentile

Revenue

$264,857

No earlier filing loaded for comparison.

Expenses

Up

$309,331

Up $58,157 (+23%) from 2012

Net Income

-$44,474

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth44th percentile

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

$800K$600K$400K$200K$0Assets 2008: $71,546Liabilities 2008: $26,961Net Assets 2008: $44,5852008Assets 2010: $132,562Liabilities 2010: $99,201Net Assets 2010: $33,3612010Assets 2011: $175,955Liabilities 2011: $21,233Net Assets 2011: $154,7222011Assets 2012: $214,280Liabilities 2012: $76,993Net Assets 2012: $137,2872012Assets 2013: $214,304Liabilities 2013: $121,491Net Assets 2013: $92,8132013Assets 2014: $206,267Liabilities 2014: $113,457Net Assets 2014: $92,8102014Assets 2015: $171,656Liabilities 2015: $86,855Net Assets 2015: $84,8012015Assets 2016: $191,658Liabilities 2016: $105,814Net Assets 2016: $85,8442016Assets 2017: $194,471Liabilities 2017: $131,766Net Assets 2017: $62,7052017Assets 2018: $198,672Liabilities 2018: $129,605Net Assets 2018: $69,0672018Assets 2019: $380,861Liabilities 2019: $198,614Net Assets 2019: $182,2472019Assets 2020: $565,654Liabilities 2020: $328,034Net Assets 2020: $237,6202020Assets 2021: $671,404Liabilities 2021: $261,335Net Assets 2021: $410,0692021Assets 2022: $790,883Liabilities 2022: $426,758Net Assets 2022: $364,1252022Assets 2023: $626,480Liabilities 2023: $451,983Net Assets 2023: $174,4972023Assets 2024: $595,129Liabilities 2024: $492,023Net Assets 2024: $103,1062024

Highlighted filing

2013

Assets$214,304
Liabilities$121,491
Net Assets$92,813
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.5M$1.0M$500K$0-$500KExpenses 2008: $479,7662008Expenses 2010: $399,4452010Expenses 2011: $359,4232011Expenses 2012: $251,1742012Revenue 2013: $264,857Expenses 2013: $309,331Net Income 2013: -$44,4742013Revenue 2014: $311,291Expenses 2014: $311,294Net Income 2014: -$32014Revenue 2015: $371,603Expenses 2015: $344,685Net Income 2015: $26,9182015Revenue 2016: $525,957Expenses 2016: $524,914Net Income 2016: $1,0432016Revenue 2017: $666,058Expenses 2017: $689,197Net Income 2017: -$23,1392017Revenue 2018: $632,449Expenses 2018: $626,087Net Income 2018: $6,3622018Revenue 2019: $839,157Expenses 2019: $725,977Net Income 2019: $113,1802019Revenue 2020: $703,929Expenses 2020: $651,060Net Income 2020: $52,8692020Revenue 2021: $845,384Expenses 2021: $672,935Net Income 2021: $172,4492021Revenue 2022: $838,239Expenses 2022: $884,183Net Income 2022: -$45,9442022Revenue 2023: $912,236Expenses 2023: $1,091,451Net Income 2023: -$179,2152023Revenue 2024: $1,005,265Expenses 2024: $1,076,656Net Income 2024: -$71,3912024

Highlighted filing

2013

Revenue$264,857
Expenses$309,331
Net Income-$44,474
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jul 21, 2014
Return Version
2013v3.0
Gross Receipts
$486,417
Mission and Program Overview

Mission

The organization's mission is to serve as a catalyst to stimulate and connect innovative, creative and technical people.

To assist the owners of high technology businesses by providing a forum to network with other members and exchange opportunities and solutions to the challenges facing technology businesses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$100,132-
Cash and Non-Interest-Bearing Accounts$163,355$96,779▼ $66,576
Rtn Earn Endowment Incm Other Fnds$137,287$92,813▼ $44,474
Accounts Receivable$49,593$15,076▼ $34,517
Land, Buildings, and Equipment, Net$1,332$2,317▲ $985
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$214,280$214,304▲ $24
Liabilities
Deferred Revenue$75,525$113,100▲ $37,575
Other Liabilities$1,468$8,239▲ $6,771
Accounts Payable and Accrued Expenses-$152-
Total Liabilities$76,993$121,491▲ $44,498
Net Assets / Fund Balance
Total Net Assets Fund Balance$137,287$92,813▼ $44,474
Total Liabilities and Net Assets / Fund Balance$214,280$214,304▲ $24

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,317$6,982$9,299
Compensation and Service Providers
Top Officer Pay67th percentile

Board Members and Trustees

NameTitle
Dan GarfiChairman
Mark WensellVice Chairman
Bob FowlerDirector
Bob StolleDirector
Brenna HaleyDirector
Carrie RothDirector
Charles a Sandy WilliamsonDirector
Dan CornellDirector
Deborah CassidyDirector
Donald JonesDirector
Eddie McandrewDirector
Glenn a DavisDirector
James RossDirector
Jeff TharpDirector
Karen Booth AdamsDirector
Kim MahanDirector
Larkin GarbeeDirector
Lori JenningsDirector
Mary Lynne StaibDirector
Michael PirronDirector
Phil ConeinDirector
Rodney BlevinsDirector
Samuel a Sam NixonDirector
Skip GoodwillieDirector
Sonali ShettyDirector
Steven FoxDirector
Thomas J Tom CricchiDirector
Gary D LeclairDirector Emeritus
Keith M WarmanDirector Emeritus
Lyn McdermidDirector Emeritus
Paula GulakDirector Emeritus
Robert J MattauchDirector Emeritus
Robert L SommervilleDirector Emeritus
Stan MaupinDirector Emeritus
Cara DickensCommunication Coordinator
Andrew LamarPublic Policy Coordinator
MIKE O'NEILSecretary
Steven M PiascikTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$344,772
Program Service Revenue
$30,487
Investment Income
$-171
Other Revenue
$-110,231
All Other Contributions
$1,672
Change in Net Assets
$-44,474
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$174,896
Other Expenses$134,435
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$127,550
Fees for Services Other---$54,549
Other Salaries and Wages---$32,982
Occupancy---$16,866
Conferences and Meetings---$16,435
Payroll Taxes---$14,364
All Other Expenses---$8,417
Advertising---$7,810
Office Expenses---$5,036
Depreciation Depletion---$2,967
Other Expenses---$2,475
Travel---$464
Total Functional Expenses$0$0$0$309,331
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$221,292
Fundraising Gross Income$111,061
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$111,235$49,135$18,789$30,346
Event 2$62,250$24,750$1,772$22,978
Total Events$297,161$111,061$221,292$-110,231
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital One Credit Card$8,239
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 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, Part VI, Section B, Line 11

“Form 990 is thoroughly reviewed by the organization's executive director prior to filing.”

Form 990, Part VI, Section B, Line 12C

“Any potential conflict of interest is reviewed prior to a vote.”

Form 990, Part VI, Section C, Line 19

“All documents are made available upon request.”

Filing and Contact Details

Filer

EIN
54-1599550
Phone
8042284178

Signing Officer

Name
Steven M Piascik
Title
Treasurer
Phone
8045271815
Signed
2014-07-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steven M Piascik CPA M
Formed
1995
Legal Domicile
Va
Voting Board Members
30
Independent Board Members
30
Employees
5
Volunteers
100

Preparer

Preparer
Ryan L Losi CPA
Phone
8045271815
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Computer services: total expenses 33,863. Website: total expenses 20,686.”

Raw XML AppendixShowing 400 of 597 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/PersonNm28ROBERT L SOMMERVILLE
IRS990/Form990PartVIISectionAGrp/PersonNm29MARK WENSELL
IRS990/Form990PartVIISectionAGrp/PersonNm30KAREN BOOTH ADAMS
IRS990/Form990PartVIISectionAGrp/PersonNm31DAN GARFI
IRS990/Form990PartVIISectionAGrp/PersonNm32BOB STOLLE
IRS990/Form990PartVIISectionAGrp/PersonNm33DAN CORNELL
IRS990/Form990PartVIISectionAGrp/PersonNm34STEVEN FOX
IRS990/Form990PartVIISectionAGrp/PersonNm35LYN MCDERMID
IRS990/Form990PartVIISectionAGrp/PersonNm36SONALI SHETTY
IRS990/Form990PartVIISectionAGrp/PersonNm37MARY LYNNE STAIB
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt260
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt290
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt310
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt320
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt330
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt340
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt350
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt360
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt370
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt290
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt350
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt360
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt370
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt14PUBLIC POLICY COORDINATOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15COMMUNICATION COORDINATOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt29VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt30DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt31CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt32DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt33DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt34DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt35DIRECTOR EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt36DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt37DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01995
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0186100
IRS990/FundraisingDirectExpensesAmt0221292
IRS990/FundraisingGrossIncomeAmt0111061
IRS990/GainOrLossGrp/OtherAmt0-268
IRS990/GamingActivitiesInd00
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IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
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IRS990/IndoorTanningServicesInd00
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IRS990/LocalChaptersInd00
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IRS990/MembershipDuesAmt0157000
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
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IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-268
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-268
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-110231
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-110231
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
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IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00

Document Assets

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Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$214,304
Liabilities
$121,491
Net assets
$92,813
Revenue
$264,857
Expenses
$309,331
Net income
-$44,474
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.60$0.49$0.10$1.01$1.08$0.07
2023Detailed filing. Detailed filing data is available for this year.$0.63$0.45$0.17$0.91$1.09$0.18
2022Detailed filing. Detailed filing data is available for this year.$0.79$0.43$0.36$0.84$0.88$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.67$0.26$0.41$0.85$0.67$0.17
2020Detailed filing. Detailed filing data is available for this year.$0.57$0.33$0.24$0.70$0.65$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.38$0.20$0.18$0.84$0.73$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.20$0.13$0.07$0.63$0.63$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.19$0.13$0.06$0.67$0.69$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.19$0.11$0.09$0.53$0.52$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.17$0.09$0.08$0.37$0.34$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.21$0.11$0.09$0.31$0.31$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.21$0.12$0.09$0.26$0.31$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.08$0.14$0.25
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.02$0.15$0.36
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.10$0.03$0.40
2008Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.03$0.04$0.48