Civic Intelligence

Haptics Industry Forum Inc

990 • Fiscal year 2021 • EIN 86-3928499

Jan 01, 2021 to Dec 31, 2021 • Filed on May 02, 2024

Organization ProfileWWW.HAPTICSIF.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

96th percentile

0.81x

Higher debt load relative to assets than 96% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

99th percentile

3.93x

Higher debt load relative to revenue than 99% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Net Margin

99th percentile

91%

Higher net margin than 99% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

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

Source year 2021

Revenue Growth

Score unavailable

No value available

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

Source year 2021

Balance Sheet
Liabilities / Assets96th percentile

Assets

$15,177

No earlier filing loaded for comparison.

Net Assets

$2,862

No earlier filing loaded for comparison.

Liabilities

$12,315

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin99th percentile

Revenue

$3,135

No earlier filing loaded for comparison.

Expenses

$273

No earlier filing loaded for comparison.

Net Income

$2,862

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.

$100K$50K$0Assets 2021: $15,177Liabilities 2021: $12,315Net Assets 2021: $2,8622021Assets 2025: $95,787Liabilities 2025: $0Net Assets 2025: $95,7872025

Highlighted filing

2021

Assets$15,177
Liabilities$12,315
Net Assets$2,862
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$60K$40K$20K$0Revenue 2021: $3,135Expenses 2021: $273Net Income 2021: $2,8622021Revenue 2025: $52,884Expenses 2025: $27,478Net Income 2025: $25,4062025

Highlighted filing

2021

Revenue$3,135
Expenses$273
Net Income$2,862
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 2, 2024
Return Version
2021v4.0
Gross Receipts
$3,135
Mission and Program Overview

Mission

Enable a future of rich digital content that you can experience through touch.

Hif members work together to create and support standards in various ways through quality and performance metrics, apis, codecs, and more. We believe that well-defined standards enable a future of rich digital content that you can experience through touch.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$11,177-
Accounts Receivable-$4,000-
Total Assets$0$15,177▲ $15,177
Liabilities
Deferred Revenue-$12,315-
Total Liabilities$0$12,315▲ $12,315
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$2,862-
Total Net Assets Fund Balance$0$2,862▲ $2,862
Total Liabilities and Net Assets / Fund Balance$0$15,177▲ $15,177
Compensation and Service Providers
Top Officer Pay72nd percentile

Board Members and Trustees

NameTitle
Robert DesautelsPresident
Elisa SantellaDirector
Eric VezzoliDirector
Tim SzetoDirector
Yeshwant MuthusamyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,135
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$2,862
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$273
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
Office Expenses---$273
Total Functional Expenses$0$0$0$273
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 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, Page 6, Part VI, Line 6

“Associate member us 250.00 (public sector, gov't, non-profit or educational institution - 2 people) supporter member us 1,250.00 (no. Of employees 1-20 - 3 people) contributor member us 5,000.00 (no. Of employees 21-150 - 8 people) principal member us 10,000.00 (no. Of employees >151 - 15 people)”

Form 990, Page 6, Part VI, Line 7A

“The members elect the members of the governing body.”

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

“The administration provides the form 990 to the president and treasurer for review and approval.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Haptics Industry Forum Inc
EIN
86-3928499
Phone
5036190505
Address
3855 SW 153RD DRIVE, BEAVERTON, OR 97003

Signing Officer

Name
Robert Desautels
Title
President
Phone
5036190505
Signed
2024-05-02

Organization Details

Principal Officer
Robert Desautels
Formed
2021
Legal Domicile
De
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

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 - ORGANIZATION'S MISSION

“Hif members work together to create and support standards in various ways through quality and performance metrics, apis, codecs, and more. We believe that well-defined standards enable a future of rich digital content that you can experience through touch.”

Form 990, Page 1, Part I, Line 6

“Officer and board of directors.”

Raw XML Appendix239 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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IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICER AND BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ASSOCIATE MEMBER US 250.00 (PUBLIC SECTOR, GOV'T, NON-PROFIT OR EDUCATIONAL INSTITUTION - 2 PEOPLE) SUPPORTER MEMBER US 1,250.00 (NO. OF EMPLOYEES 1-20 - 3 PEOPLE) CONTRIBUTOR MEMBER US 5,000.00 (NO. OF EMPLOYEES 21-150 - 8 PEOPLE) PRINCIPAL MEMBER US 10,000.00 (NO. OF EMPLOYEES >151 - 15 PEOPLE)
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ADMINISTRATION PROVIDES THE FORM 990 TO THE PRESIDENT AND TREASURER FOR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT DESAUTELS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05036190505
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HAPTICS INDUSTRY FORUM INC
ReturnHeader/Filer/BusinessNameControlTxt0HAPT
ReturnHeader/Filer/EIN0863928499
ReturnHeader/Filer/PhoneNum05036190505
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ReturnHeader/Filer/USAddress/CityNm0BEAVERTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OR
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0972235526
ReturnHeader/PreparerPersonGrp/PhoneNum05032931040
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SEAN S KIM
ReturnHeader/ReturnTs02024-05-02T14:57:33-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ROBERT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DESAUTELS
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$15,177
Liabilities
$12,315
Net assets
$2,862
Revenue
$3,135
Expenses
$273
Net income
$2,862
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$95.8$0.00$95.8$52.9$27.5$25.4
2021Detailed filing. Detailed filing data is available for this year.$15.2$12.3$2.86$3.14$0.27$2.86