Civic Intelligence

International Multimedia Telecommunications Consortium Inc

990 • Fiscal year 2017 • EIN 77-0347114

Jan 01, 2017 to Dec 31, 2017 • Filed on Jul 09, 2018

2400 Camino Ramon No 375San Ramon, CA 94583

(925) 275-6600

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

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

10th percentile

-26%

Higher net margin than 10% 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

1st percentile

-100%

Faster asset growth than 1% of similar nonprofits.

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

Revenue Growth

34th percentile

-6.6%

Faster revenue growth than 34% of similar nonprofits.

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

Assets

Down

$0

Down $565,832 (-100%) from 2016

Net Assets

Down

$0

Down $389,664 (-100%) from 2016

Liabilities

Down

$0

Down $176,168 (-100%) from 2016

Revenue

Down

$270,619

Down $19,088 (-6.6%) from 2016

Expenses

Down

$340,973

Down $57,004 (-14%) from 2016

Net Income

Up

-$70,354

Up $37,916 (+35%) from 2016

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $382,550Liabilities 2011: $182,412Net Assets 2011: $200,1382011Assets 2012: $418,253Liabilities 2012: $198,531Net Assets 2012: $219,7222012Assets 2013: $409,915Liabilities 2013: $193,357Net Assets 2013: $216,5582013Assets 2014: $739,724Liabilities 2014: $213,209Net Assets 2014: $526,5152014Assets 2015: $733,849Liabilities 2015: $235,915Net Assets 2015: $497,9342015Assets 2016: $565,832Liabilities 2016: $176,168Net Assets 2016: $389,6642016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017

Highlighted filing

2017

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $326,640Expenses 2011: $331,074Net Income 2011: -$4,4342011Revenue 2012: $354,324Expenses 2012: $334,740Net Income 2012: $19,5842012Revenue 2013: $410,962Expenses 2013: $414,126Net Income 2013: -$3,1642013Revenue 2014: $257,128Expenses 2014: $454,913Net Income 2014: -$197,7852014Revenue 2015: $378,070Expenses 2015: $406,652Net Income 2015: -$28,5822015Revenue 2016: $289,707Expenses 2016: $397,977Net Income 2016: -$108,2702016Revenue 2017: $270,619Expenses 2017: $340,973Net Income 2017: -$70,3542017

Highlighted filing

2017

Revenue$270,619
Expenses$340,973
Net Income-$70,354
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jul 9, 2018
Return Version
2017v2.3
Gross Receipts
$270,619
Mission and Program Overview

Mission

The imtc's fundamental goal is to bring all organizations involved in the development of multimedia communications products and services together to help create and promote the adoption of the required standards and to facilitate the growth of multimedia teleconferences. The imtc focuses on several key activities, including: sponsoring and conducting interoperability test sessions between suppliers of conferencing products and services; providing a forum for technical exchange that will lead imtc members to make additional submissions to the standard bodies to further enhance the interoperability and usability of multimedia teleconferencing products and services; and educating the business and consumer communities on the progress and the benefits of the underlying technologies and applications.

Create and promote adoption of required standards to facilitate multimedia teleconferencing growth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$516,994$0▼ $516,994
Prepaid Expenses and Deferred Charges$32,291$0▼ $32,291
Savings and Temporary Cash Investments$15,000$0▼ $15,000
Land, Buildings, and Equipment, Net$1,547$0▼ $1,547
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$565,832$0▼ $565,832
Other Assets Total-$0-
Liabilities
Deferred Revenue$152,392--
Accounts Payable and Accrued Expenses$23,776--
Total Liabilities$176,168$0▼ $176,168
Net Assets / Fund Balance
Unrestricted Net Assets$389,664$0▼ $389,664
Total Net Assets Fund Balance$389,664$0▼ $389,664
Total Liabilities and Net Assets / Fund Balance$565,832$0▼ $565,832

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$9,279$9,279
Compensation and Service Providers

Board Members and Trustees

NameTitle
Anatoli LevinePresident
Alex EleftheriadisVice President
David BenhamDirector
Imre VargaDirector
Stephen BotzkoSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Global Inventures INCManagement Services2400 CAMINO RAMONSUITE 375, San Ramon, CA 94583$154,928
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$270,617
Investment Income
$2
Other Revenue
$0
Change in Net Assets
$-70,354
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$340,973
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---$115,963
Conferences and Meetings---$67,133
Fees for Services Legal---$56,017
Insurance---$6,477
Travel---$5,293
Office Expenses---$4,782
Information Technology---$4,365
Other Expenses---$3,988
Fees for Services Accounting---$3,549
Depreciation Depletion---$1,547
Total Functional Expenses$0$0$0$340,973
International Activity

International Summary

Offices
0
Employees
0
Spending
$44,200

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
EuropeProgram ServicesTradeshow & Marketing Services00$33,065
Middle EastProgram ServicesMarketing Services00$11,135
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization contracts with global inventures, inc. To provide office support to run the organization. This includes a variety of services in connection with membership, accounting, meetings, website development and maintenance, board support and coordination with vendors.

Form 990, Part VI, Section A, Line 6

The organization has members but not stockholders.

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

The board of directors are elected by full voting members.

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

Board of directors' decisions on ipr policy and bylaws are subject to approval by full membership.

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

The form 990 is reviewed by the executive director and treasurer.

Form 990, Part VI, Section B, Line 12

The organization does not have a conflict of interest policy.

Form 990, Part VI, Section C, Line 19

Governing documents and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
International Multimedia
EIN
77-0347114
Phone
9252756600
Address
2400 CAMINO RAMON NO 375, SAN RAMON, CA 94583

Signing Officer

Name
Anatoli Levine
Title
President
Phone
9252756600
Signed
2018-07-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anatoli Levine
Formed
1993
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
6

Preparer

Firm
Rina Accountancy Corporation
Address
201 NORTH CIVIC DR STE 220, WALNUT CREEK, CA 94596
Preparer
Brad Gai
Phone
9252102180
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Liquidation/transfer of assets to successor organization -319,310.

Raw XML Appendix370 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/MissionDesc0THE IMTC'S FUNDAMENTAL GOAL IS TO BRING ALL ORGANIZATIONS INVOLVED IN THE DEVELOPMENT OF MULTIMEDIA COMMUNICATIONS PRODUCTS AND SERVICES TOGETHER TO HELP CREATE AND PROMOTE THE ADOPTION OF THE REQUIRED STANDARDS AND TO FACILITATE THE GROWTH OF MULTIMEDIA TELECONFERENCES. THE IMTC FOCUSES ON SEVERAL KEY ACTIVITIES, INCLUDING: SPONSORING AND CONDUCTING INTEROPERABILITY TEST SESSIONS BETWEEN SUPPLIERS OF CONFERENCING PRODUCTS AND SERVICES; PROVIDING A FORUM FOR TECHNICAL EXCHANGE THAT WILL LEAD IMTC MEMBERS TO MAKE ADDITIONAL SUBMISSIONS TO THE STANDARD BODIES TO FURTHER ENHANCE THE INTEROPERABILITY AND USABILITY OF MULTIMEDIA TELECONFERENCING PRODUCTS AND SERVICES; AND EDUCATING THE BUSINESS AND CONSUMER COMMUNITIES ON THE PROGRESS AND THE BENEFITS OF THE UNDERLYING TECHNOLOGIES AND APPLICATIONS.
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IRS990/ProgSrvcAccomActy2Grp/Desc0IMTC AND THE ILLINOIS INSTITUTE OF TECHNOLOGY REAL-TIME COMMUNICATIONS LAB JOINTLY HOSTED THE IMTC CONNECT FORUM AND IIT REAL-TIME COMMUNICATIONS (RTC) CONFERENCE AND EXPO SEPTEMBER 25 - 28, 2017 ON THE ILLINOIS TECH MIES CAMPUS IN CHICAGO, IL. THE IIT RTC CONFERENCE AND IMTC CONNECT FORUM ARE GLOBALLY RECOGNIZED COLLABORATIVE EVENTS WHERE MULTIMEDIA AND REAL-TIME COMMUNICATIONS INDUSTRY AND ACADEMIA CONNECT. THE CONFERENCE BROUGHT TOGETHER TECHNICAL PROFESSIONALS AND BUSINESS EXECUTIVES FROM THE DATA AND TELECOMMUNICATIONS INDUSTRY, STANDARDS BODIES, POLICY AND REGULATORY INSTITUTIONS, AND ACADEMIC EDUCATORS AND RESEARCHERS TO PROMOTE AN OPEN EXCHANGE OF IDEAS TO LEAD FUTURE DEVELOPMENT IN THE RAPIDLY CHANGING FIELD OF REAL-TIME COMMUNICATIONS.
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IRS990ScheduleN/LiabilitiesPaidInd00
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0CASH - SILICON VALLEY BANK
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0MEF FORUM
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02017-11-27
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0770574582
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt0319310
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(C)(6)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt06033 W CENTURY BLVD STE 1107
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0LOS ANGELES
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0CA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd090045
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd00
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0IMTC COMPLETED ITS MERGER WITH MEF FORUM ON NOVEMBER 27, 2017. THE MERGER TOOK NEARLY A YEAR TO NEGOTIATE AND COMPLETE WITH DOZENS, IF NOT HUNDREDS, OF SPECIAL TASKS REQUIRED TO CONSUMATE THE MERGER.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0990, PART XI, LINE 9
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION CONTRACTS WITH GLOBAL INVENTURES, INC. TO PROVIDE OFFICE SUPPORT TO RUN THE ORGANIZATION. THIS INCLUDES A VARIETY OF SERVICES IN CONNECTION WITH MEMBERSHIP, ACCOUNTING, MEETINGS, WEBSITE DEVELOPMENT AND MAINTENANCE, BOARD SUPPORT AND COORDINATION WITH VENDORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS MEMBERS BUT NOT STOCKHOLDERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS ARE ELECTED BY FULL VOTING MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD OF DIRECTORS' DECISIONS ON IPR POLICY AND BYLAWS ARE SUBJECT TO APPROVAL BY FULL MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND TREASURER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION DOES NOT HAVE A CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7LIQUIDATION/TRANSFER OF ASSETS TO SUCCESSOR ORGANIZATION -319,310.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd01
IRS990/TotalAssetsBOYAmt0565832
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt0565832
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0340973
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0176168
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt0176168
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0389664
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0270617
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt02
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0270617
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0270619
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0565832
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt05293
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0389664
IRS990/UnrestrictedNetAssetsGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02400 CAMINO RAMON STE 375
IRS990/USAddress/CityNm0SAN RAMON
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd094583
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.IMTC.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ANATOLI LEVINE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09252756600
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-07-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INTERNATIONAL MULTIMEDIA
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0TELECOMMUNICATIONS CONSORTIUM INC
ReturnHeader/Filer/BusinessNameControlTxt0INTE
ReturnHeader/Filer/EIN0770347114
ReturnHeader/Filer/PhoneNum09252756600
ReturnHeader/Filer/USAddress/AddressLine1Txt02400 CAMINO RAMON NO 375
ReturnHeader/Filer/USAddress/CityNm0SAN RAMON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094583
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId02BAB4CF4FDA6361F54564B4DE839E61C759617F3
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0D6D028B83EC7BAE48696A0FE418AC7215527A94E
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0209.234.163.110
ReturnHeader/FilingSecurityInformation/IPDt02018-07-09
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm016:34:24
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0943158857
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RINA ACCOUNTANCY CORPORATION
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0201 NORTH CIVIC DR STE 220
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WALNUT CREEK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd094596
ReturnHeader/PreparerPersonGrp/PhoneNum09252102180
ReturnHeader/PreparerPersonGrp/PreparationDt02018-07-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRAD GAI
ReturnHeader/ReturnTs02018-08-13T12:38:10-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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