Civic Intelligence

Media Coding Industry Forum Inc C/O Vital Technical Marketing Inc

990 • Fiscal year 2018 • EIN 83-2009083

Jan 01, 2018 to Dec 31, 2018 • Filed on May 03, 2019

Organization ProfileWWW.MC-IF.ORG
3855 SW 153rd DriveBeaverton, OR 97003

(503) 619-0505

Siviq Scores

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

Liabilities / Assets

98th percentile

1.53x

Higher debt load relative to assets than 98% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

100th percentile

6.13x

Higher debt load relative to revenue than 100% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Net Margin

1st percentile

-213%

Higher net margin than 1% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Balance Sheet
Liabilities / Assets98th percentile

Assets

$117,519

No earlier filing loaded for comparison.

Net Assets

-$62,703

No earlier filing loaded for comparison.

Liabilities

$180,222

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin1st percentile

Revenue

$29,400

No earlier filing loaded for comparison.

Expenses

$92,103

No earlier filing loaded for comparison.

Net Income

-$62,703

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$400K$300K$200K$100K$0-$100KAssets 2018: $117,519Liabilities 2018: $180,222Net Assets 2018: -$62,7032018Assets 2019: $170,710Liabilities 2019: $170,654Net Assets 2019: $562019Assets 2020: $184,654Liabilities 2020: $115,960Net Assets 2020: $68,6942020Assets 2021: $278,948Liabilities 2021: $91,660Net Assets 2021: $187,2882021Assets 2022: $335,988Liabilities 2022: $77,390Net Assets 2022: $258,5982022Assets 2023: $327,380Liabilities 2023: $57,826Net Assets 2023: $269,5542023Assets 2024: $274,197Liabilities 2024: $61,006Net Assets 2024: $213,1912024

Highlighted filing

2018

Assets$117,519
Liabilities$180,222
Net Assets-$62,703
Open 2018 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$300K$200K$100K$0-$100KRevenue 2018: $29,400Expenses 2018: $92,103Net Income 2018: -$62,7032018Revenue 2019: $181,550Expenses 2019: $118,791Net Income 2019: $62,7592019Revenue 2020: $222,391Expenses 2020: $153,753Net Income 2020: $68,6382020Revenue 2021: $207,938Expenses 2021: $89,344Net Income 2021: $118,5942021Revenue 2022: $144,646Expenses 2022: $73,336Net Income 2022: $71,3102022Revenue 2023: $118,417Expenses 2023: $107,461Net Income 2023: $10,9562023Revenue 2024: $95,000Expenses 2024: $151,363Net Income 2024: -$56,3632024

Highlighted filing

2018

Revenue$29,400
Expenses$92,103
Net Income-$62,703
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 3, 2019
Return Version
2018v3.1
Gross Receipts
$29,400
Mission and Program Overview

Mission

To further the adoption of mpeg standards, initially focusing on vvc (versatile video coding), by establishing them as well accepted and widely used standards for the benefit of consumers and the industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable-$86,700-
Cash and Non-Interest-Bearing Accounts-$30,819-
Total Assets$0$117,519▲ $117,519
Liabilities
Accounts Payable and Accrued Expenses-$92,022-
Deferred Revenue-$88,200-
Total Liabilities$0$180,222▲ $180,222
Net Assets / Fund Balance
Unrestricted Net Assets-$-62,703-
Total Net Assets Fund Balance$0$-62,703▼ $62,703
Total Liabilities and Net Assets / Fund Balance$0$117,519▲ $117,519
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Jud CaryPresident/ch
David SingerDirector
Fredric BonnetDirector
Jill BoyceDirector
Justin RidgeDirector
Jonatan SamuelssonChief Comm O
Ruth McginnisExecutive Di
Stephan WengerSecretary
Jim HarlanTreasurer
Per FrojdhVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$29,400
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-62,703
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$92,103
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---$47,018
Fees for Services Management---$25,920
Other Expenses---$12,587
Conferences and Meetings---$4,958
Advertising---$1,354
Information Technology---$186
Office Expenses---$80
Total Functional Expenses$0$0$0$92,103
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“The organization delegates the majority of operations secretariat duties to the management company, vital technical marketing, inc. Including but not limited to administration of the majority of meetings, assistance with membership duties and all financial duties.”

Form 990, Page 6, Part VI, Line 6

“There are two classes of members: regular members and small entity members. Regular members benefits include all benefits afforded to the small entity members and the right to nominate and vote to elect representatives for the board of directors. Small entity members are entitled the following benefits: 1)the right to be nominated (by a regular member), stand for election, and serve as a representative to the board of directors in accordance with section 5; 2)the right to participate in the corporation's promotional activities that the corporation may organize; and 3)the right to participate as a voting member of any work groups.”

Form 990, Page 6, Part VI, Line 11B

“The organization's treasurer and president are asked to review the form 990 and provide approval, so the executive director can sign.”

Form 990, Page 6, Part VI, Line 19

“The organization makes its governing documents and financial statements available to the public upon written request.”

Filing and Contact Details

Filer

Filer Name
Media Coding Industry Forum Inc
EIN
83-2009083
Phone
5036190505
Address
3855 SW 153RD DRIVE, BEAVERTON, OR 97003

Signing Officer

Name
Jud Cary
Title
President/chairman
Phone
5036190505
Signed
2019-05-03

Organization Details

Principal Officer
Jud Cary
Formed
2018
Legal Domicile
De
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Skcpa & Co
Address
10260 SW GREENBURG ROAD SUITE 1000, PORTLAND, OR 97223-5526
Preparer
Sean S Kim
Phone
5032931040
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

“OFFICERS AND DIRECTORS”

Raw XML Appendix288 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OFFICERS AND DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DELEGATES THE MAJORITY OF OPERATIONS SECRETARIAT DUTIES TO THE MANAGEMENT COMPANY, VITAL TECHNICAL MARKETING, INC. INCLUDING BUT NOT LIMITED TO ADMINISTRATION OF THE MAJORITY OF MEETINGS, ASSISTANCE WITH MEMBERSHIP DUTIES AND ALL FINANCIAL DUTIES.
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ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SEAN S KIM
ReturnHeader/ReturnTs02019-05-10T11:30:56-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$117,519
Liabilities
$180,222
Net assets
-$62,703
Revenue
$29,400
Expenses
$92,103
Net income
-$62,703
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.74$0.61$2.13$0.95$1.51$0.56
2023Detailed filing. Detailed filing data is available for this year.$3.27$0.58$2.70$1.18$1.07$0.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.36$0.77$2.59$1.45$0.73$0.71
2021Detailed filing. Detailed filing data is available for this year.$2.79$0.92$1.87$2.08$0.89$1.19
2020Detailed filing. Detailed filing data is available for this year.$1.85$1.16$0.69$2.22$1.54$0.69
2019Detailed filing. Detailed filing data is available for this year.$1.71$1.71$0.00$1.82$1.19$0.63
2018Detailed filing. Detailed filing data is available for this year.$1.18$1.80$0.63$0.29$0.92$0.63