Civic Intelligence

Consumer Technology Association Foundation

990 • Fiscal year 2021 • EIN 80-0194042

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 08, 2022

1919 S Eads StreetArlington, VA 22202

(703) 907-7600

Siviq Scores

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

Liabilities / Assets

45th percentile

0.10x

Higher debt load relative to assets than 45% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

71st percentile

0.44x

Higher debt load relative to revenue than 71% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

62nd percentile

20%

Higher net margin than 62% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

87th percentile

$276,253

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 24.1% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

57th percentile

13%

Faster asset growth than 57% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

22nd percentile

-6.2%

Faster revenue growth than 22% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Assets

Up

$5,207,921

Up $579,390 (+13%) from 2020

Net Assets

Up

$4,702,881

Up $217,662 (+4.9%) from 2020

Liabilities

Up

$505,040

Up $361,728 (+252%) from 2020

Revenue

Down

$1,146,978

Down $76,060 (-6.2%) from 2020

Expenses

Down

$920,665

Down $290,939 (-24%) from 2020

Net Income

Up

$226,313

Up $214,879 (+1879%) from 2020

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $1,004,431Liabilities 2010: $9,582Net Assets 2010: $994,8492010Assets 2011: $887,623Liabilities 2011: $18,500Net Assets 2011: $869,1232011Assets 2012: $1,569,713Liabilities 2012: $89,815Net Assets 2012: $1,479,8982012Assets 2013: $2,038,575Liabilities 2013: $97,341Net Assets 2013: $1,941,2342013Assets 2014: $2,348,669Liabilities 2014: $109,471Net Assets 2014: $2,239,1982014Assets 2015: $2,506,453Liabilities 2015: $120,483Net Assets 2015: $2,385,9702015Assets 2016: $2,803,387Liabilities 2016: $107,604Net Assets 2016: $2,695,7832016Assets 2017: $3,923,631Liabilities 2017: $126,981Net Assets 2017: $3,796,6502017Assets 2018: $3,888,795Liabilities 2018: $303,333Net Assets 2018: $3,585,4622018Assets 2019: $4,518,015Liabilities 2019: $310,284Net Assets 2019: $4,207,7312019Assets 2020: $4,628,531Liabilities 2020: $143,312Net Assets 2020: $4,485,2192020Assets 2021: $5,207,921Liabilities 2021: $505,040Net Assets 2021: $4,702,8812021Assets 2022: $4,441,284Liabilities 2022: $322,930Net Assets 2022: $4,118,3542022Assets 2023: $4,775,734Liabilities 2023: $303,370Net Assets 2023: $4,472,3642023Assets 2024: $5,621,505Liabilities 2024: $961,238Net Assets 2024: $4,660,2672024

Highlighted filing

2021

Assets$5,207,921
Liabilities$505,040
Net Assets$4,702,881

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $13,6742010Expenses 2011: $78,5232011Expenses 2012: $498,8802012Revenue 2013: $1,210,038Expenses 2013: $813,623Net Income 2013: $396,4152013Revenue 2014: $1,253,259Expenses 2014: $910,549Net Income 2014: $342,7102014Revenue 2015: $1,153,483Expenses 2015: $935,846Net Income 2015: $217,6372015Revenue 2016: $1,244,922Expenses 2016: $967,481Net Income 2016: $277,4412016Revenue 2017: $2,110,655Expenses 2017: $1,009,788Net Income 2017: $1,100,8672017Revenue 2018: $1,387,860Expenses 2018: $1,288,209Net Income 2018: $99,6512018Revenue 2019: $1,533,487Expenses 2019: $1,253,151Net Income 2019: $280,3362019Revenue 2020: $1,223,038Expenses 2020: $1,211,604Net Income 2020: $11,4342020Revenue 2021: $1,146,978Expenses 2021: $920,665Net Income 2021: $226,3132021Revenue 2022: $1,020,773Expenses 2022: $1,103,131Net Income 2022: -$82,3582022Revenue 2023: $1,132,453Expenses 2023: $1,062,285Net Income 2023: $70,1682023Revenue 2024: $1,614,335Expenses 2024: $1,520,791Net Income 2024: $93,5442024

Highlighted filing

2021

Revenue$1,146,978
Expenses$920,665
Net Income$226,313
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 8, 2022
Return Version
2021v4.2
Gross Receipts
$1,146,978
Mission and Program Overview

Mission

The foundation is focused on strategic support of programs to impact these communities and has launched its first series of grants in 2012. It also serves facilitate dialog between industry, consumers, government, advocacy groups, and other key stakeholders around important issues.

The cta foundation mission is to link seniors and people with disabilities with technologies to enhance their lives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,771,557$3,963,673▲ $192,116
Cash and Non-Interest-Bearing Accounts$288,598$1,050,370▲ $761,772
Savings and Temporary Cash Investments$564,428$164,747▼ $399,681
Prepaid Expenses and Deferred Charges$3,948$19,131▲ $15,183
Accounts Receivable$0$10,000▲ $10,000
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$4,628,531$5,207,921▲ $579,390
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$142,821$347,508▲ $204,687
Deferred Revenue$0$150,000▲ $150,000
Accounts Payable and Accrued Expenses$491$7,532▲ $7,041
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$143,312$505,040▲ $361,728
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,485,219$4,702,881▲ $217,662
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$4,485,219$4,702,881▲ $217,662
Total Liabilities and Net Assets / Fund Balance$4,628,531$5,207,921▲ $579,390

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$18,075$18,075
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steve EwellExecutive DirectorFT$193,126$83,127$276,253

Board Members and Trustees

NameTitle
Denise GibsonChair Emeritus
John ShalamTrustee/Founding Chair
Gary YacoubianPresident and CEO
Matt AterVice-Chair
Daniel PidgeonTrustee
Eric HsiaTrustee
Eric ReedTrustee
Henry ChiarelliTrustee
Jim MaultTrustee
Joellyn GrayTrustee
John PenneyTrustee
Kristen KR LiuTrustee
Lauren SallataTrustee
Lee ChengTrustee
Levy GerzbergTrustee
Linda KinneyTrustee
Malcolm GlennTrustee
Mike MayTrustee
Poppy CrumTrustee
S Scott BurnettTrustee
Skip WestTrustee
Thomas WlodkowskiTrustee
Veronica LancasterTreasurer/Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$927,636
Program Service Revenue
$0
Investment Income
$209,342
Other Revenue
$10,000
All Other Contributions
$176,727
Change in Net Assets
$226,313

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,141,265
Revenue Not Reported on Financial Statements
$5,713
Revenue Not Reported on Form 990
$-8,651
Total Revenue per Audited Statements
$1,132,614
Total Revenue per Form 990
$1,146,978
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$409,926
Salaries, Compensation, and Employee Benefits$343,537
Other Expenses$135,702
Total Fundraising Expense$56,734
Professional Fundraising Fees$31,500

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$409,926--$409,926
Current Officers, Directors, Trustees, and Key Employees$201,522$54,439$20,292$276,253
Fees for Services Other$0$46,416$0$46,416
Other Salaries and Wages$32,994$8,913$3,322$45,229
Fees for Services Management-$34,231-$34,231
Fees for Services Professional Fundraising--$31,500$31,500
Fees for Services Legal-$18,339-$18,339
Other Employee Benefits$12,763$3,448$1,285$17,496
Advertising-$12,500-$12,500
Information Technology-$7,515-$7,515
Fees for Service Investment Mgmnt Fees-$5,713-$5,713
Office Expenses-$5,175-$5,175
Payroll Taxes$2,055$555$207$2,817
Fees for Services Accounting-$2,496-$2,496
Other Expenses-$1,845-$1,845
Pension Plan Contributions$1,270$344$128$1,742
Travel-$817-$817
Conferences and Meetings-$655-$655
Total Functional Expenses$660,530$203,401$56,734$920,665

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$920,665
Expenses per Audited Statements$914,953
Total Expenses per Audited Statements$914,953
Expenses Not Reported on Financial Statements$5,712
Other Expense Adjustments$-1
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Front Porch Communities and ServicesGlendale, CA501(c)(3)Grant$40,000
Gallaudet UniversityWashington, DC501(c)(3)Grant$30,000
Older Adults Technology Services IncBrooklyn, NY501(c)(3)Grant$30,000
Able Gamers Foundation IncKearneysville, WV501(c)(3)Grant$25,000
Access HearsBaltimore, MD501(c)(3)Grant$25,000
Community Technology NetworkSan Francisco, CA501(c)(3)Grant$25,000
Council on Aging of Southwestern OhioCincinnati, OH501(c)(3)Grant$25,000
ItnamericaWestbrook, ME501(c)(3)Grant$25,000
Lutheran Services in America IncorporatedWashington, DC501(c)(3)Grant$25,000
St Barnabas Senior Center of Los AngelesLos Angeles, CA501(c)(3)Grant$25,000
AvenidasPalo Alto, CA501(c)(3)Grant$20,000
Easter Seals of Greater Houston IncBellaire, TX501(c)(3)Grant$20,000
Institute for Human Centered DesignBoston, MA501(c)(3)Grant$20,000
Helen Keller National CenterBrooklyn, NY501(c)(3)Grant$17,288
Lighthouse for the Blind and Visually ImpairedSan Francisco, CA501(c)(3)Grant$16,000
Byte BackWashington, DC501(c)(3)Grant$15,000
Code of Support FoundationAlexandria, VA501(c)(3)Grant$10,000
Teach AccessWinston Salem, NC501(c)(3)Grant$10,000
Second SenseChicago, IL501(c)(3)Grant$6,638
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$31,500
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Consumer Technology Assoc$347,508
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Section A Line 11A

Members of the consumer technology association's finance department, including the coo/cfo, review the 990 prior to filing.

Part VI Section A Line 12C

Each new cta foundation director shall be required to review a copy of this policy and to acknowledge in writing that he or she has done so. Each director shall anually complete a disclosure form identifying any relationships, positions, or circumstances in which the director is involded that he or she beleives could contribute to a conflict of interest.

Part VI Section A Line 15A

Compensation is reviewed and approved by leadership of the supporting organization (cta) annually. This review includes consideration of comparable benefits data and employee performance to ensure alignment with responsibilities.

Part VI Section A Line 15B

Compensation is reviewed and approved by leadership of the supporting organization (cta) annually. This review includes consideration of comparable benefits data and employee performance to ensure alignment with responsibilities.

Part VI Line 19

The organization does not make its governing documents, conflict of interest policy, and financial statements available to the public.

Filing and Contact Details

Filer

Filer Name
Consumer Technology Association Foundation
EIN
80-0194042
In Care Of
% GLENDA MACMULLIN
Phone
7039077600
Address
1919 S Eads Street, Arlington, VA 22202
Doing Business As
Cta Foundation

Signing Officer

Name
Veronica Lancaster
Title
Treasurer/secretary
Phone
7039077600
Signed
2022-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gary Yacoubian
Formed
2008
Legal Domicile
Va
Voting Board Members
23
Independent Board Members
22
Employees
3
Volunteers
23

Preparer

Firm
Bdo USA Llp
Address
8401 GREENSBORO DRIVE 800, MCLEAN, VA 22102
Preparer
Marc Berger
Phone
7038930600
Supplemental Narrative

Additional Explanations

Part XII Line 2C

There was no change in the process from the prior year.

Financial Statement Notes

PART X, LINE 2:

Under asc 740-10, an organization must recognize the tax benefit associated with tax positions taken for tax return purposes when it is more-likely than not that the position will be sustained. The organization does not believe there are any material uncertain tax positions and accordingly, will not recognize any liability for unrecognized tax benefits. The organization has filed for and received income tax exemptions in the jurisdictions where it is required to do so. Additionally, the organization has filed irs form 990 tax returns as required and all applicable returns in those jurisdictions where it is required. For the years ended december 31, 2021 and 2020, there were no interest or penalties recorded in the consolidated statements of activities.

PART XII, LINE 4B:

ROUNDING OFF - ($1)

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IRS990/Form990PartVIISectionAGrp/PersonNm0STEVE EWELL
IRS990/Form990PartVIISectionAGrp/PersonNm1Veronica Lancaster
IRS990/Form990PartVIISectionAGrp/PersonNm2Gary Yacoubian
IRS990/Form990PartVIISectionAGrp/PersonNm3Matt Ater
IRS990/Form990PartVIISectionAGrp/PersonNm4Denise Gibson
IRS990/Form990PartVIISectionAGrp/PersonNm5John Shalam
IRS990/Form990PartVIISectionAGrp/PersonNm6S Scott Burnett
IRS990/Form990PartVIISectionAGrp/PersonNm7Lee Cheng
IRS990/Form990PartVIISectionAGrp/PersonNm8Henry Chiarelli
IRS990/Form990PartVIISectionAGrp/PersonNm9Poppy Crum
IRS990/Form990PartVIISectionAGrp/PersonNm10Levy Gerzberg
IRS990/Form990PartVIISectionAGrp/PersonNm11Malcolm Glenn
IRS990/Form990PartVIISectionAGrp/PersonNm12Joellyn Gray
IRS990/Form990PartVIISectionAGrp/PersonNm13Eric Hsia
IRS990/Form990PartVIISectionAGrp/PersonNm14Linda Kinney
IRS990/Form990PartVIISectionAGrp/PersonNm15Kristen KR Liu
IRS990/Form990PartVIISectionAGrp/PersonNm16Jim Mault
IRS990/Form990PartVIISectionAGrp/PersonNm17Mike May
IRS990/Form990PartVIISectionAGrp/PersonNm18John Penney
IRS990/Form990PartVIISectionAGrp/PersonNm19Daniel Pidgeon
IRS990/Form990PartVIISectionAGrp/PersonNm20Eric Reed
IRS990/Form990PartVIISectionAGrp/PersonNm21Lauren Sallata
IRS990/Form990PartVIISectionAGrp/PersonNm22Skip West
IRS990/Form990PartVIISectionAGrp/PersonNm23THOMAS WLODKOWSKI
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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer/Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt2President and CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice-Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt4Chair Emeritus
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee/Founding Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt9Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt10Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt11Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt12Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt13Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt14Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt15Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt16Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt17Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt18Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt19Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt20Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt21Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt22Trustee
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IRS990/MissionDesc0THE FOUNDATION IS FOCUSED ON STRATEGIC SUPPORT OF PROGRAMS TO IMPACT THESE COMMUNITIES AND HAS LAUNCHED ITS FIRST SERIES OF GRANTS IN 2012. IT ALSO SERVES TO FACILITATE DIALOG BETWEEN INDUSTRY, CONSUMERS, GOVERNMENT, ADVOCACY GROUPS, AND OTHER KEY STAKEHOLDERS AROUND IMPORTANT ISSUES.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.62$0.96$4.66$1.61$1.52$0.09
2023Detailed filing. Detailed filing data is available for this year.$4.78$0.30$4.47$1.13$1.06$0.07
2022Detailed filing. Detailed filing data is available for this year.$4.44$0.32$4.12$1.02$1.10$0.08
2021Detailed filing. Detailed filing data is available for this year.$5.21$0.51$4.70$1.15$0.92$0.23
2020Detailed filing. Detailed filing data is available for this year.$4.63$0.14$4.49$1.22$1.21$0.01
2019Detailed filing. Detailed filing data is available for this year.$4.52$0.31$4.21$1.53$1.25$0.28
2018Detailed filing. Detailed filing data is available for this year.$3.89$0.30$3.59$1.39$1.29$0.10
2017Detailed filing. Detailed filing data is available for this year.$3.92$0.13$3.80$2.11$1.01$1.10
2016Detailed filing. Detailed filing data is available for this year.$2.80$0.11$2.70$1.24$0.97$0.28
2015Detailed filing. Detailed filing data is available for this year.$2.51$0.12$2.39$1.15$0.94$0.22
2014Detailed filing. Detailed filing data is available for this year.$2.35$0.11$2.24$1.25$0.91$0.34
2013Detailed filing. Detailed filing data is available for this year.$2.04$0.10$1.94$1.21$0.81$0.40
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.57$0.09$1.48$0.50
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.02$0.87$0.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$0.01$0.99$0.01