Civic Intelligence

Consumer Technology Association Foundation

990 • Fiscal year 2018 • EIN 80-0194042

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 13, 2019

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

38th percentile

0.08x

Higher debt load relative to assets than 38% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

57th percentile

0.22x

Higher debt load relative to revenue than 57% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

61st percentile

7.2%

Higher net margin than 61% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

93rd percentile

$414,032

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 29.8% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

39th percentile

-0.9%

Faster asset growth than 39% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

8th percentile

-34%

Faster revenue growth than 8% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Assets

Down

$3,888,795

Down $34,836 (-0.9%) from 2017

Net Assets

Down

$3,585,462

Down $211,188 (-5.6%) from 2017

Liabilities

Up

$303,333

Up $176,352 (+139%) from 2017

Revenue

Down

$1,387,860

Down $722,795 (-34%) from 2017

Expenses

Up

$1,288,209

Up $278,421 (+28%) from 2017

Net Income

Down

$99,651

Down $1,001,216 (-91%) from 2017

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

2018

Assets$3,888,795
Liabilities$303,333
Net Assets$3,585,462

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

2018

Revenue$1,387,860
Expenses$1,288,209
Net Income$99,651
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 13, 2019
Return Version
2018v3.1
Gross Receipts
$6,478,110
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$2,267,794$3,181,968▲ $914,174
Cash and Non-Interest-Bearing Accounts$1,463,317$643,220▼ $820,097
Savings and Temporary Cash Investments$185,731$60,924▼ $124,807
Prepaid Expenses and Deferred Charges$5,816$2,683▼ $3,133
Accounts Receivable$973$0▼ $973
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$3,923,631$3,888,795▼ $34,836
Other Assets Total$0$0→ $0
Liabilities
Deferred Revenue$0$150,000▲ $150,000
Other Liabilities$116,443$142,655▲ $26,212
Accounts Payable and Accrued Expenses$10,538$10,678▲ $140
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$126,981$303,333▲ $176,352
Net Assets / Fund Balance
Unrestricted Net Assets$3,796,650$3,585,462▼ $211,188
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$3,796,650$3,585,462▼ $211,188
Total Liabilities and Net Assets / Fund Balance$3,923,631$3,888,795▼ $34,836

Asset Categories

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

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steve EwellExecutive DirectorFT$159,500$61,954$221,454

Board Members and Trustees

NameTitle
John GodfreyChairman
Larry RichensteinChairman Emeritus
Denise GibsonVice Chairman
Adrienne BiddingsTrustee
Bruce BorensteinTrustee
Daniel PidgeonTrustee
Gary YacoubianTrustee
Henry ChiarelliTrustee
Jim MaultTrustee
Joellyn GrayTrustee
John PenneyTrustee
Kristen Kr LiuTrustee
L Dennis ShapiroTrustee
Lee ChangTrustee
Levy GerzbergTrustee
Linda KinneyTrustee
Matt AterTrustee
Mike MayTrustee
Robert HeiblimTrustee
Robin RaskinTrustee
S Scott BurnettTrustee
Skip WestTrustee
Tiffany MooreTrustee
Cindy StevensTreasurer/secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,262,294
Program Service Revenue
$0
Investment Income
$125,566
Other Revenue
$0
All Other Contributions
$225,341
Change in Net Assets
$99,651

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,386,521
Revenue Not Reported on Financial Statements
$1,339
Revenue Not Reported on Form 990
$-310,839
Total Revenue per Audited Statements
$1,075,682
Total Revenue per Form 990
$1,387,860
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$759,913
Salaries, Compensation, and Employee Benefits$280,323
Other Expenses$247,973
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$759,913--$759,913
Other Salaries and Wages-$226,474-$226,474
Advertising-$80,662-$80,662
Fees for Services Other$0$61,980$0$61,980
Travel-$28,980-$28,980
Other Employee Benefits-$25,143-$25,143
Fees for Services Management-$22,225-$22,225
Conferences and Meetings-$19,904-$19,904
Fees for Services Legal-$18,336-$18,336
Payroll Taxes-$14,834-$14,834
Pension Plan Contributions-$13,872-$13,872
Office Expenses-$6,208-$6,208
Information Technology-$4,640-$4,640
Other Expenses$0$1,899$0$1,899
Fees for Services Accounting-$1,800-$1,800
Fees for Service Investment Mgmnt Fees-$1,339-$1,339
Total Functional Expenses$759,913$528,296$0$1,288,209

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,288,209
Expenses per Audited Statements$1,286,870
Total Expenses per Audited Statements$1,286,870
Expenses Not Reported on Financial Statements$1,339
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Music & MemoryMineola, NY501(c)(3)Grant$58,000
SeniornavigatorNo Chester, VA501(c)(3)Grant$54,250
Front Porch Communities and ServicesGlendale, CA501(c)(3)Grant$53,275
Community Technology NetworkSan Francisco, CA501(c)(3)Grant$50,000
Older Adults Technology Services IncBrooklyn, NY501(c)(3)Grant$50,000
Research to Prevent BlindnessNew York, NY501(c)(3)Grant$50,000
Meals on Wheels AmericaArlington, VA501(c)(3)Grant$49,995
Carewheels CorporationLake Oswego, OR501(c)(3)Grant$49,970
Regents of the University of ColoradoDenver, CO501(c)(3)Grant$45,000
Lighthouse GuildNew York, NY501(c)(3)Grant$40,000
Beneficent Technology Inc Dba BenetechPalo Alto, CA501(c)(3)Grant$39,941
South Florida Institute on AgingWilton Manors, FL501(c)(3)Grant$38,654
Hearing Loss Association of America IncBethesda, MD501(c)(3)Grant$30,000
Oak HillHartfort, CT501(c)(3)Grant$25,828
Byte BackWash, DC501(c)(3)Grant$25,000
Easter Seals of Greater Houston IncBellaire, TX501(c)(3)Grant$25,000
Institute for Human Centered DesignBoston, MA501(c)(3)Contribution$10,000
National Academy of SciencesWash, DC501(c)(3)Contribution$10,000
World Institute on DisabilityBerkeley, CA501(c)(3)Contribution$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$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.$142,655
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 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 Associations 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
Cindy Stevens
Title
Treasurer/secretary
Phone
7039077600
Signed
2019-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Godfrey
Formed
2008
Legal Domicile
Va
Voting Board Members
24
Independent Board Members
22
Employees
3
Volunteers
24

Preparer

Firm
Bdo USA Llp
Address
8401 GREENSBORO DRIVE 800, MCLEAN, VA 22102
Preparer
Joyce Underwood
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. Additionaly, the organization has filed irs form 990 tax returns as required and all applicable returns in those jurisdictions where it is required. The organization believes that it is no longer subject to u.s. Federal, state and local, or non-u.s. Income tax examinations by tax authorities for years before 2015. However, the organization is still open to examinations by tax authorities from fiscal year 2015 forward. For the years ended december 31, 2018 and 2017, there were no interest or penalties recorded in the consolidated statements of activities.

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IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIRMAN EMERITUS
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IRS990/Form990PartVIISectionAGrp/TitleTxt22TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt23Trustee
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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 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