Civic Intelligence

Consumer Technology Association Foundation

990 • Fiscal year 2023 • EIN 80-0194042

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 30, 2024

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

50th percentile

0.06x

Higher debt load relative to assets than 50% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

70th percentile

0.27x

Higher debt load relative to revenue than 70% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

54th percentile

6.2%

Higher net margin than 54% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

97th percentile

$509,944

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 45.0% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

58th percentile

7.5%

Faster asset growth than 58% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

56th percentile

11%

Faster revenue growth than 56% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$4,775,734

Up $334,450 (+7.5%) from 2022

Net Assets

Up

$4,472,364

Up $354,010 (+8.6%) from 2022

Liabilities

Down

$303,370

Down $19,560 (-6.1%) from 2022

Revenue

Up

$1,132,453

Up $111,680 (+11%) from 2022

Expenses

Down

$1,062,285

Down $40,846 (-3.7%) from 2022

Net Income

Up

$70,168

Up $152,526 (+185%) from 2022

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

2023

Assets$4,775,734
Liabilities$303,370
Net Assets$4,472,364

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

2023

Revenue$1,132,453
Expenses$1,062,285
Net Income$70,168
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 30, 2024
Return Version
2023v5.1
Gross Receipts
$1,924,692
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$3,434,024$3,866,332▲ $432,308
Cash and Non-Interest-Bearing Accounts$274,658$884,519▲ $609,861
Savings and Temporary Cash Investments$715,112$0▼ $715,112
Prepaid Expenses and Deferred Charges$17,490$20,551▲ $3,061
Accounts Receivable$0$4,332▲ $4,332
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$4,441,284$4,775,734▲ $334,450
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$277,850$248,791▼ $29,059
Deferred Revenue$35,000$40,000▲ $5,000
Accounts Payable and Accrued Expenses$10,080$14,579▲ $4,499
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$322,930$303,370▼ $19,560
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,118,354$4,472,364▲ $354,010
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$4,118,354$4,472,364▲ $354,010
Total Liabilities and Net Assets / Fund Balance$4,441,284$4,775,734▲ $334,450

Asset Categories

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

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steve EwellExecutive DirectorFT$209,515$90,263$299,778

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$942,791
Program Service Revenue
$0
Investment Income
$189,662
Other Revenue
$0
All Other Contributions
$141,991
Change in Net Assets
$70,168

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,129,703
Revenue Not Reported on Financial Statements
$2,750
Revenue Not Reported on Form 990
$283,842
Total Revenue per Audited Statements
$1,413,545
Total Revenue per Form 990
$1,132,453
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$422,000
Salaries, Compensation, and Employee Benefits$394,460
Other Expenses$184,574
Total Fundraising Expense$94,532
Professional Fundraising Fees$61,251

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$422,000--$422,000
Current Officers, Directors, Trustees, and Key Employees$232,747$41,739$25,292$299,778
Other Salaries and Wages$58,248$10,446$6,330$75,024
Fees for Services Professional Fundraising--$61,251$61,251
Advertising-$46,166-$46,166
Conferences and Meetings-$35,669-$35,669
Fees for Services Management-$33,912-$33,912
Travel-$23,523-$23,523
Other Employee Benefits$10,105$1,812$1,098$13,015
Fees for Services Legal-$13,015-$13,015
Information Technology-$5,176-$5,176
Office Expenses-$4,371-$4,371
Pension Plan Contributions$2,770$496$301$3,567
Payroll Taxes$2,388$428$260$3,076
Fees for Service Investment Mgmnt Fees-$2,750-$2,750
Fees for Services Accounting-$2,542-$2,542
Other Expenses-$250-$250
Total Functional Expenses$728,258$239,495$94,532$1,062,285

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,062,285
Expenses per Audited Statements$1,059,535
Total Expenses per Audited Statements$1,059,535
Expenses Not Reported on Financial Statements$2,750
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Able Gamers Foundation IncKearneysville, WV501(c)(3)Grant$35,000
Hearing Loss Association of America IncN Bethesda, MD501(c)(3)Grant$30,000
United Spinal AssociationKew Gardens, NY501(c)(3)Grant$30,000
Older Adults Technology Services IncNew York, NY501(c)(3)Grant$27,000
A Little HelpDenver, CO501(c)(3)Grant$25,000
Byte BackWashington, DC501(c)(3)Grant$25,000
Connections at HomeVerona, NJ501(c)(3)Grant$25,000
Engage IncBurbank, CA501(c)(3)Grant$25,000
ItnamericaWestbrook, ME501(c)(3)Grant$25,000
MARY'S CENTERWashington, DC501(c)(3)Grant$25,000
South Florida Institute on AgingFort Lauderdale, FL501(c)(3)Grant$25,000
Lutheran Services in America IncorporatedWashington, DC501(c)(3)Grant$24,000
Pepperdine UniversityMalibu, CA501(c)(3)Grant$20,000
Rose FoundationLas Vegas, NV501(c)(3)Grant$16,000
BLYTHEDALE CHILDREN'S HOSPITALValhalla, NY501(c)(3)Grant$15,000
FILOMEN M D'AGOSTINO GREENBERG MUSIC SCHNew York, NY501(c)(3)Grant$15,000
Grantmakers in AgingWhite Plains, NY501(c)(3)Grant$15,000
Mab Community ServicesBrookline, MA501(c)(3)Grant$13,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$61,251
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 Tech. Assoc.$248,791
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

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

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

FORM 990, 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 annually complete a disclosure form identifying any relationships, positions, or circumstances in which the director is involved that he or she believes could contribute to a conflict of interest.

FORM 990, 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.

FORM 990, 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.

FORM 990, 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
2024-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matt Ater
Formed
2008
Legal Domicile
Va
Voting Board Members
25
Independent Board Members
23
Employees
3
Volunteers
23

Preparer

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

Additional Explanations

FORM 990, PART XII, LINE 2C:

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

Financial Statement Notes

SCHEDULE D, 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, 2023 and 2022, there were interest or penalties recorded in the consolidated statements of activities of $1,494 and $0, respectively.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER/SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIR EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE/FOUNDING CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt23TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt24TRUSTEE
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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