Civic Intelligence

Compactflash Association

990 • Fiscal year 2021 • EIN 77-0414926

Jan 01, 2021 to Dec 31, 2021 • Filed on Apr 06, 2022

Organization Profilewww.compactflash.org
PO Box 130Cupertino, CA 95015

(650) 843-1220

Siviq Scores

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

Liabilities / Assets

21st percentile

0.00x

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

2021 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

22nd percentile

0.00x

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

2021 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2021

Net Margin

80th percentile

27%

Higher net margin than 80% of similar nonprofits.

2021 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

46th percentile

$0

Higher top officer pay than 46% of similar nonprofits.

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

2021 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2021

Asset Growth

48th percentile

11%

Faster asset growth than 48% of similar nonprofits.

2021 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

55th percentile

11%

Faster revenue growth than 55% of similar nonprofits.

2021 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets21st percentile

Assets

Up

$758,112

Up $73,070 (+11%) from 2020

Net Assets

Up

$758,112

Up $73,070 (+11%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue22nd percentileNet Margin80th percentile

Revenue

Up

$274,100

Up $27,350 (+11%) from 2020

Expenses

Down

$201,030

Down $58,402 (-23%) from 2020

Net Income

Up

$73,070

Up $85,752 (+676%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth48th percentile

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

$1.0M$500K$0Assets 2011: $500,635Liabilities 2011: $0Net Assets 2011: $500,6352011Assets 2012: $488,873Liabilities 2012: $0Net Assets 2012: $488,8732012Assets 2013: $571,064Liabilities 2013: $58Net Assets 2013: $571,0062013Assets 2014: $568,851Liabilities 2014: $0Net Assets 2014: $568,8512014Assets 2015: $564,889Liabilities 2015: $147Net Assets 2015: $564,7422015Assets 2016: $654,755Liabilities 2016: $147Net Assets 2016: $654,6082016Assets 2017: $624,278Liabilities 2017: $0Net Assets 2017: $624,2782017Assets 2018: $636,560Liabilities 2018: $0Net Assets 2018: $636,5602018Assets 2019: $697,724Liabilities 2019: $0Net Assets 2019: $697,7242019Assets 2020: $685,042Liabilities 2020: $0Net Assets 2020: $685,0422020Assets 2021: $758,112Liabilities 2021: $0Net Assets 2021: $758,1122021Assets 2022: $825,107Liabilities 2022: $0Net Assets 2022: $825,1072022Assets 2023: $820,922Liabilities 2023: $0Net Assets 2023: $820,9222023Assets 2024: $801,908Liabilities 2024: $0Net Assets 2024: $801,9082024

Highlighted filing

2021

Assets$758,112
Liabilities$0
Net Assets$758,112
Open 2021 Filing

Operations Trend

Revenue Growth55th percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $253,500Expenses 2011: $197,683Net Income 2011: $55,8172011Revenue 2012: $305,150Expenses 2012: $316,912Net Income 2012: -$11,7622012Revenue 2013: $237,552Expenses 2013: $211,133Net Income 2013: $26,4192013Revenue 2014: $222,849Expenses 2014: $225,004Net Income 2014: -$2,1552014Revenue 2015: $221,711Expenses 2015: $225,820Net Income 2015: -$4,1092015Revenue 2016: $288,300Expenses 2016: $198,434Net Income 2016: $89,8662016Revenue 2017: $227,393Expenses 2017: $257,723Net Income 2017: -$30,3302017Revenue 2018: $250,665Expenses 2018: $238,383Net Income 2018: $12,2822018Revenue 2019: $287,941Expenses 2019: $226,777Net Income 2019: $61,1642019Revenue 2020: $246,750Expenses 2020: $259,432Net Income 2020: -$12,6822020Revenue 2021: $274,100Expenses 2021: $201,030Net Income 2021: $73,0702021Revenue 2022: $260,641Expenses 2022: $193,646Net Income 2022: $66,9952022Revenue 2023: $248,649Expenses 2023: $252,788Net Income 2023: -$4,1392023Revenue 2024: $266,030Expenses 2024: $285,044Net Income 2024: -$19,0142024

Highlighted filing

2021

Revenue$274,100
Expenses$201,030
Net Income$73,070
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 6, 2022
Return Version
2021v4.0
Gross Receipts
$274,100
Mission and Program Overview

Mission

PROMOTES COMPACTFLASH,CFast AND XQD AS A WORLDWIDE, ULTRA-SMALL, REMOVABLE STORAGE AND I/O STANDARD FOR CAPTURING AND TRANSPORTING DIGITAL DATA, AUDIO AND IMAGES AND PERFORMING I/O FUNCTIONALITY SUCH AS MODEMS, ETHERNET, SERIAL, BLUETOOTH WIRELESS, LASER SCANNING, ETC.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$365,644$365,644→ $0
Cash and Non-Interest-Bearing Accounts$234,963$321,187▲ $86,224
Intangible Assets$84,435$71,281▼ $13,154
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-
Land, Buildings, and Equipment, Net-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$685,042$758,112▲ $73,070
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$685,042$758,112▲ $73,070
Total Net Assets Fund Balance$685,042$758,112▲ $73,070
Total Liabilities and Net Assets / Fund Balance$685,042$758,112▲ $73,070
Compensation and Service Providers
Top Officer Pay46th percentile

Board Members and Trustees

NameTitle
Hiroshi NodaCo- Chairman
Nobuhiro FujinawaCo-Chairman
Edward HsiehDirector
Hideaki YamashitaDirector
Hiroshi MachidaDirector
Jordan ZhongDirector
Kenichi SatoriDirector
Wes BrewerSecretary
David LandsmanTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
ICHIRO ASAO dba A-1 NET LLCMgmt Consulting10540 CHACE DR, Cupertino, CA 95014-
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$274,100
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$73,070
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$201,030
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---$90,000
All Other Expenses---$13,863
Depreciation Depletion---$13,154
Other Expenses---$9,270
Fees for Services Accounting---$1,775
Fees for Services Legal---$10
Total Functional Expenses$0$0$0$201,030
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 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
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, Line 3: Description of Delegated Duties to Management Company

“Management services to the Association were provided by former board member Ichiro Asao, who received compensation as an independent contractor.”

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

“Executive members provide the direction of the association by approving the by-laws, mission statement and other organizational documents, as well as voting on all technical and marketing issues. Executive members are eligible for Board of Directors and committee chair positions. Affiliate members will be able to access, as licensees, documents including various technical specifications and guidelines related to all CompactFlash proposals, in order to develop, manufacture, and sell products compliant with those specifications and guidelines. In addition, Affiliate members will be able to participate in all conferences, work groups and events administrated by the CompactFlash Association.”

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

“The executive members elect the board of directors”

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

“Actions of the governing body are subject to review and approval by the executive members of the association”

Form 990, Part VI, Line 11B: Form 990 Review Process

“A draft of the document is distributed to the board members who are able to provide feedback before the return is filed”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Compactflash Association
EIN
77-0414926
Phone
6508431220
Address
PO BOX 130, CUPERTINO, CA 95015

Signing Officer

Name
David Landsman
Title
Treasurer
Signed
2022-04-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hiroshi Noda
Formed
1995
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
10

Preparer

Firm
Storek Carlson & Strutz Llp
Address
900 E HAMILTON AVE STE 450, CAMPBELL, CA 95008
Preparer
Gary Strutz
Phone
6509615520
Raw XML Appendix360 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/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14100
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IRS990/PYOtherExpensesAmt0259432
IRS990/PYProgramServiceRevenueAmt0246591
IRS990/PYRevenuesLessExpensesAmt0-12682
IRS990/PYTotalExpensesAmt0259432
IRS990/PYTotalRevenueAmt0246750
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt073070
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IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0365644
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0365644
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Management services to the Association were provided by former board member Ichiro Asao, who received compensation as an independent contractor.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Executive members provide the direction of the association by approving the by-laws, mission statement and other organizational documents, as well as voting on all technical and marketing issues. Executive members are eligible for Board of Directors and committee chair positions. Affiliate members will be able to access, as licensees, documents including various technical specifications and guidelines related to all CompactFlash proposals, in order to develop, manufacture, and sell products compliant with those specifications and guidelines. In addition, Affiliate members will be able to participate in all conferences, work groups and events administrated by the CompactFlash Association.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE MEMBERS ELECT THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACTIONS OF THE GOVERNING BODY ARE SUBJECT TO REVIEW AND APPROVAL BY THE EXECUTIVE MEMBERS OF THE ASSOCIATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A DRAFT OF THE DOCUMENT IS DISTRIBUTED TO THE BOARD MEMBERS WHO ARE ABLE TO PROVIDE FEEDBACK BEFORE THE RETURN IS FILED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0685042
IRS990/TotalAssetsEOYAmt0758112
IRS990/TotalAssetsGrp/BOYAmt0685042
IRS990/TotalAssetsGrp/EOYAmt0758112
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IRS990/TotalContributionsAmt00
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0201030
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0685042
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0758112
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IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0274100
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0274100
IRS990/TotalVolunteersCnt010
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0758112
IRS990/TravelGrp/TotalAmt00
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IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 130
IRS990/USAddress/CityNm0CUPERTINO
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd0950150130
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0www.compactflash.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID LANDSMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-04-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COMPACTFLASH ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0COMP
ReturnHeader/Filer/EIN0770414926
ReturnHeader/Filer/PhoneNum06508431220
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 130
ReturnHeader/Filer/USAddress/CityNm0CUPERTINO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd095015
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0943040933
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0STOREK CARLSON & STRUTZ LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0900 E HAMILTON AVE STE 450
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CAMPBELL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd095008
ReturnHeader/PreparerPersonGrp/PhoneNum06509615520
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GARY STRUTZ
ReturnHeader/ReturnTs02022-04-06T11:59:17-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DAVID
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LANDSMAN
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$758,112
Liabilities
$0
Net assets
$758,112
Revenue
$274,100
Expenses
$201,030
Net income
$73,070
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.02$0.00$8.02$2.66$2.85$0.19
2023Summary only. Only limited summary data is available for this year.$8.21$0.00$8.21$2.49$2.53$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.25$0.00$8.25$2.61$1.94$0.67
2021Detailed filing. Detailed filing data is available for this year.$7.58$0.00$7.58$2.74$2.01$0.73
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.85$0.00$6.85$2.47$2.59$0.13
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.98$0.00$6.98$2.88$2.27$0.61
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.37$0.00$6.37$2.51$2.38$0.12
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.24$0.00$6.24$2.27$2.58$0.30
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.55$0.00$6.55$2.88$1.98$0.90
2015Summary only. Only limited summary data is available for this year.$5.65$0.00$5.65$2.22$2.26$0.04
2014Summary only. Only limited summary data is available for this year.$5.69$0.00$5.69$2.23$2.25$0.02
2013Summary only. Only limited summary data is available for this year.$5.71$0.00$5.71$2.38$2.11$0.26
2012Summary only. Only limited summary data is available for this year.$4.89$0.00$4.89$3.05$3.17$0.12
2011Summary only. Only limited summary data is available for this year.$5.01$0.00$5.01$2.54$1.98$0.56
Peer Organizations

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