Civic Intelligence

Universal Flash Storage Assn Inc

990 • Fiscal year 2017 • EIN 58-2685391

Jan 01, 2017 to Dec 31, 2017 • Filed on Jan 25, 2018

7111 Destiny Hills DrAustin, TX 78738-7419

(512) 431-8202

Siviq Scores

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

Liabilities / Assets

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Net Margin

79th percentile

16%

Higher net margin than 79% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Asset Growth

74th percentile

17%

Faster asset growth than 74% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

95th percentile

69%

Faster revenue growth than 95% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$366,273

Up $53,317 (+17%) from 2016

Net Assets

Up

$366,273

Up $53,481 (+17%) from 2016

Liabilities

Down

$0

Down $164 (-100%) from 2016

Revenue

Up

$334,168

Up $136,561 (+69%) from 2016

Expenses

Up

$280,688

Up $75,997 (+37%) from 2016

Net Income

Up

$53,480

Up $60,564 (+855%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $289,589Liabilities 2011: $0Net Assets 2011: $289,5892011Assets 2012: $325,158Liabilities 2012: $0Net Assets 2012: $325,1582012Assets 2013: $357,108Liabilities 2013: $8,1002013Assets 2014: $346,467Liabilities 2014: $1372014Assets 2015: $327,338Liabilities 2015: $7,4612015Assets 2016: $312,956Liabilities 2016: $164Net Assets 2016: $312,7922016Assets 2017: $366,273Liabilities 2017: $0Net Assets 2017: $366,2732017Assets 2018: $418,354Liabilities 2018: $4,000Net Assets 2018: $414,3542018Assets 2019: $311,521Liabilities 2019: $0Net Assets 2019: $311,5212019Assets 2020: $257,886Liabilities 2020: $0Net Assets 2020: $257,8862020Assets 2021: $212,701Liabilities 2021: $0Net Assets 2021: $212,7012021Assets 2022: $175,888Net Assets 2022: $175,8882022Assets 2023: $114,583Liabilities 2023: $02023Assets 2024: $69,337Net Assets 2024: $69,3372024Assets 2025: $0Net Assets 2025: $02025

Highlighted filing

2017

Assets$366,273
Liabilities$0
Net Assets$366,273

Operations Trend

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

$400K$200K$0-$200KRevenue 2011: $305,465Expenses 2011: $60,668Net Income 2011: $244,7972011Revenue 2012: $114,124Expenses 2012: $78,555Net Income 2012: $35,5692012Revenue 2013: $115,995Expenses 2013: $92,144Net Income 2013: $23,8512013Revenue 2014: $99,309Expenses 2014: $101,987Net Income 2014: -$2,6782014Revenue 2015: $143,906Expenses 2015: $170,398Net Income 2015: -$26,4922015Revenue 2016: $197,607Expenses 2016: $204,691Net Income 2016: -$7,0842016Revenue 2017: $334,168Expenses 2017: $280,688Net Income 2017: $53,4802017Revenue 2018: $180,068Expenses 2018: $131,987Net Income 2018: $48,0812018Revenue 2019: $40,946Expenses 2019: $143,779Net Income 2019: -$102,8332019Revenue 2020: $10,065Expenses 2020: $63,699Net Income 2020: -$53,6342020Revenue 2021: $320Expenses 2021: $45,504Net Income 2021: -$45,1842021Revenue 2022: $4,218Expenses 2022: $41,032Net Income 2022: -$36,8142022Revenue 2023: $1,305Expenses 2023: $62,610Net Income 2023: -$61,3052023Revenue 2024: $934Expenses 2024: $46,180Net Income 2024: -$45,2462024Revenue 2025: $255Expenses 2025: $69,592Net Income 2025: -$69,3372025

Highlighted filing

2017

Revenue$334,168
Expenses$280,688
Net Income$53,480
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jan 25, 2018
Return Version
2017v2.2
Gross Receipts
$334,168
Mission and Program Overview

Mission

To coordinate and enable the industry around the open industry standard ufs specification developed in the jedec standards organization by the companies involved in the semiconductor memory industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$125,885$161,578▲ $35,693
Accounts Receivable$94,000$132,334▲ $38,334
Cash and Non-Interest-Bearing Accounts$93,071$72,361▼ $20,710
Total Assets$312,956$366,273▲ $53,317
Liabilities
Accounts Payable and Accrued Expenses$164--
Total Liabilities$164$0▼ $164
Net Assets / Fund Balance
Unrestricted Net Assets$312,792$366,273▲ $53,481
Total Net Assets Fund Balance$312,792$366,273▲ $53,481
Total Liabilities and Net Assets / Fund Balance$312,956$366,273▲ $53,317
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mian QuddusChairman of
Lisa RhodenPresident/se
Horace ChenDirector
Lee PrewittDirector
Nelson DuannDirector
Perry KellerDirector
Sang Don LeeDirector
Xin LiuDirector
Yongjun ZouDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$333,493
Investment Income
$675
Other Revenue
$0
Change in Net Assets
$53,480
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$280,688
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 Management---$212,225
Travel---$49,050
Advertising---$9,903
Conferences and Meetings---$5,183
Insurance---$2,415
Office Expenses---$1,057
Fees for Services Legal---$645
Fees for Services Accounting---$210
Total Functional Expenses$0$0$0$280,688
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
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 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Universal Flash Storage Assn Inc
EIN
58-2685391
Address
7111 DESTINY HILLS DR, AUSTIN, TX 78738-7419
Doing Business As
Universal Flash Storage Assn Inc

Signing Officer

Name
Lisa Rhoden
Title
President/sec/treas
Phone
5128944433
Signed
2018-01-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lisa Rhoden
Formed
2010
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
0

Preparer

Firm
W Bret Garner CPA
Address
3995 HIGHWAY 290 E, DRIPPING SPRINGS, TX 78620-4287
Preparer
W Bret Garner
Phone
5128944433
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

ROUNDING 1

Raw XML Appendix270 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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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.70$0.69
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.69$0.69$0.01$0.46$0.45
2023Summary only. Only limited summary data is available for this year.$1.15$0.00$0.01$0.63$0.61
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.76$1.76$0.04$0.41$0.37
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.13$0.00$2.13$0.00$0.46$0.45
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.58$0.00$2.58$0.10$0.64$0.54
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.12$0.00$3.12$0.41$1.44$1.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.18$0.04$4.14$1.80$1.32$0.48
2017Detailed filing. Detailed filing data is available for this year.$3.66$0.00$3.66$3.34$2.81$0.53
2016Detailed filing. Detailed filing data is available for this year.$3.13$0.00$3.13$1.98$2.05$0.07
2015Summary only. Only limited summary data is available for this year.$3.27$0.07$1.44$1.70$0.26
2014Summary only. Only limited summary data is available for this year.$3.46$0.00$0.99$1.02$0.03
2013Summary only. Only limited summary data is available for this year.$3.57$0.08$1.16$0.92$0.24
2012Summary only. Only limited summary data is available for this year.$3.25$0.00$3.25$1.14$0.79$0.36
2011Summary only. Only limited summary data is available for this year.$2.90$0.00$2.90$3.05$0.61$2.45