Civic Intelligence

Blockchain in Transport Standards

EIN 82-5073519 • 501(c)6 • Chattanooga, TN

Profile

As a global commerce community, we produce, publish, and certify bsc standards.

405 Cherry StreetChattanooga, TN 37402

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2022

Liabilities / Revenue

51st percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2022

Net Margin

48th percentile

0.0%

Higher net margin than 48% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2021 to 2022

Revenue Growth

7th percentile

-74%

Faster revenue growth than 7% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Flat

$0

Flat from 2021

Liabilities

Flat

$0

Flat from 2021

Net Assets

Flat

$0

Flat from 2021

Operations
Liabilities / Revenue51st percentileNet Margin48th percentile

Revenue

Down

$35,192

Down $99,178 (-74%) from 2021

Expenses

Down

$35,192

Down $99,178 (-74%) from 2021

Net Income

Flat

$0

Flat from 2021

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$0Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2022

Assets$0
Liabilities$0
Net Assets$0
Open 2022 Filing

Operations Trend

Revenue Growth7th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0Revenue 2020: $149,940Expenses 2020: $149,940Net Income 2020: $02020Revenue 2021: $134,370Expenses 2021: $134,370Net Income 2021: $02021Revenue 2022: $35,192Expenses 2022: $35,192Net Income 2022: $02022

Highlighted filing

2022

Revenue$35,192
Expenses$35,192
Net Income$0
Open 2022 Filing

Filings

Most recent year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$35,192
Expenses
$35,192
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.35$0.35$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$1.34$1.34$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$1.50$1.50$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 10, 2023
Return Version
2022v5.0
Gross Receipts
$35,192
Mission and Program Overview

Mission

As a global commerce community, we produce, publish, and certify bsc standards.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$0-
Savings and Temporary Cash Investments-$0-
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-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Other Assets Total-$0-
Total Assets$0$0→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$0$0→ $0
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Dale ChystieChairman
Bart BoudreauxDirector
Bob HittDirector
Craig HarperDirector
Dan HeinenDirector
John ShieldsDirector
Ken CraigDirector
Kevin MartinDirector
Mahesh SahasranamanDirector
Mauricio ParedesDirector
Scott FreisenDirector
Vaneetia JohnsonDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$34,795
Investment Income
$397
Other Revenue
$0
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$35,192
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 Legal---$23,591
Information Technology---$9,000
Fees for Services Other---$2,532
Other Expenses---$13
Total Functional Expenses$0$0$0$35,192
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
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
No
Management duties delegated
No

Governance Explanations

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

“This return was reviewed by the signer and finance director for accuracy, completeness and compliance. The organization provides a completed copy of the form 990 to the board upon request.”

Form 990, Part VI, Section C, Line 19

“The organization makes documents available upon request.”

Filing and Contact Details

Filer

Filer Name
Blockchain in Transport Standards
EIN
82-5073519
Phone
3123990061
Address
405 CHERRY STREET, CHATTANOOGA, TN 37402

Signing Officer

Name
Kevin Martin
Title
Director
Phone
3123990061
Signed
2023-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Martin
Formed
2018
Legal Domicile
De
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
0

Preparer

Firm
Baker Tilly US Llp
Address
205 N MICHIGAN AVE 2800, CHICAGO, IL 60601-5927
Preparer
Mark Heroux
Phone
3127298000
Raw XML Appendix352 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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IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0PERSON(S) INVOLVED: DALE CHYSTIE, BART BOUDREAUX, KEN CRAIG, SCOTT FREISEN, CRAIG HARPER, DAN HEINEN, VANEETIA JOHNSON, MAURICIO PARESES, MAHESH SAHASRANAMAN, BOB HITT, JOHN SHIELDS
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt1EXPLANATION OF INVOLVEMENT: MEMBERS ARE DIRECTORS OF NEW ENTITY.
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt2BITA STANDARDS COUNCIL, INC. ACQUIRED SUBSTANTIALLY ALL OF THE INTELLECTUAL PROPERTY AND CERTAIN OTHER ASSETS OF BLOCKCHAIN IN TRANSPORT ALLIANCE, LLC TO CARRY FORWARD THE MISSION OF BITA, LLC WITHOUT THE INVOLVEMENT OF FREIGHTWAVES, INC., THE SOLE OWNER OF BLOCKCHAIN IN TRANSPORT ALLIANCE, LLC. ACCORDINGLY, THE BOARD OF BITA STANDARDS COUNCIL, INC. CONSISTS OF THE SAME PARTIES AS BITA, LLC EXCEPTING THE FREIGHTWAVES REPRESENTATIVE, KEVIN MARTIN. NO OWNERSHIP, COMPENSATION OR REMUNERATION IS KNOWN TO HAVE BEEN PASSED TO OR CONFERRED UPON THE IDENTIFIED BOARD MEMBERS.
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IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THIS RETURN WAS REVIEWED BY THE SIGNER AND FINANCE DIRECTOR FOR ACCURACY, COMPLETENESS AND COMPLIANCE. THE ORGANIZATION PROVIDES A COMPLETED COPY OF THE FORM 990 TO THE BOARD UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES DOCUMENTS AVAILABLE UPON REQUEST.
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IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt035192
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
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IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt034795
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt035192
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt035192
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0405 CHERRY STREET
IRS990/USAddress/CityNm0CHATTANOOGA
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd037402
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KEVIN MARTIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03123990061
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BLOCKCHAIN IN TRANSPORT STANDARDS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0COUNCIL INC
ReturnHeader/Filer/BusinessNameControlTxt0BLOC
ReturnHeader/Filer/EIN0825073519
ReturnHeader/Filer/PhoneNum03123990061
ReturnHeader/Filer/USAddress/AddressLine1Txt0405 CHERRY STREET
ReturnHeader/Filer/USAddress/CityNm0CHATTANOOGA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037402
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0390859910
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BAKER TILLY US LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0205 N MICHIGAN AVE 2800
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHICAGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0606015927
ReturnHeader/PreparerPersonGrp/PhoneNum03127298000
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK HEROUX
ReturnHeader/ReturnTs02023-11-13T09:47:56-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KEVIN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MARTIN
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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