Civic Intelligence

Universal Chiplet Interconnect Express Inc

990 • Fiscal year 2022 • EIN 88-2961496

Jun 17, 2022 to Dec 31, 2022 • Filed on Nov 14, 2023

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

90th percentile

0.62x

Higher debt load relative to assets than 90% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

96th percentile

1.39x

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

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Net Margin

99th percentile

86%

Higher net margin than 99% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

26th percentile

$0

Higher top officer pay than 26% of similar nonprofits.

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

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

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

Source year 2022

Revenue Growth

Score unavailable

No value available

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

Source year 2022

Assets

$1,900,698

No earlier filing loaded for comparison.

Net Assets

$728,313

No earlier filing loaded for comparison.

Liabilities

$1,172,385

No earlier filing loaded for comparison.

Revenue

$845,417

No earlier filing loaded for comparison.

Expenses

$117,104

No earlier filing loaded for comparison.

Net Income

$728,313

No earlier filing loaded for comparison.

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 2022: $1,900,698Liabilities 2022: $1,172,385Net Assets 2022: $728,3132022Assets 2023: $3,089,109Liabilities 2023: $814,470Net Assets 2023: $2,274,6392023Assets 2024: $4,248,056Liabilities 2024: $807,621Net Assets 2024: $3,440,4352024

Highlighted filing

2022

Assets$1,900,698
Liabilities$1,172,385
Net Assets$728,313

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0Revenue 2022: $845,417Expenses 2022: $117,104Net Income 2022: $728,3132022Revenue 2023: $1,925,227Expenses 2023: $378,901Net Income 2023: $1,546,3262023Revenue 2024: $1,521,105Expenses 2024: $355,309Net Income 2024: $1,165,7962024

Highlighted filing

2022

Revenue$845,417
Expenses$117,104
Net Income$728,313
Jump To
Filing Snapshot
Filing Period
Jun 17, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$845,417
Mission and Program Overview

Mission

Ucie (universal chiplet interconnect express) is an open specification that defines the interconnect between chiplets within a package, enabling an open chiplet ecosystem and ubiquitous interconnect at the package level.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$1,504,295-
Accounts Receivable-$395,000-
Prepaid Expenses and Deferred Charges-$1,403-
Total Assets$0$1,900,698▲ $1,900,698
Liabilities
Deferred Revenue-$1,139,583-
Accounts Payable and Accrued Expenses-$32,802-
Total Liabilities$0$1,172,385▲ $1,172,385
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$728,313-
Total Net Assets Fund Balance$0$728,313▲ $728,313
Total Liabilities and Net Assets / Fund Balance$0$1,900,698▲ $1,900,698
Compensation and Service Providers

Board Members and Trustees

NameTitle
Debendra Das SharmaChairman
Cheolmin ParkPresident
Amber HuffmanDirector
Dharmesh JaniDirector
Durgesh SrivastavaDirector
Glenn WardDirector
Jian ChenDirector
Jim PanianDirector
Nathan KalyanasundharamDirector
Stefan RusuDirector
Dong WeiSecretary
Lihong CaoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$845,417
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$728,313
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$117,104
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 Management---$50,325
Fees for Services Other---$36,065
Fees for Services Legal---$25,160
Information Technology---$2,237
Advertising---$1,620
Office Expenses---$1,569
Insurance---$128
Total Functional Expenses$0$0$0$117,104
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
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

The organization has three classes of members: promotors, contributors and adopters.

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

Promoters may appoint one representative to serve as a promoter director on the board of directors.

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

Reviewed by appropriate third party.

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
Universal Chiplet Interconnect
EIN
88-2961496
Phone
5036190505
Address
3855 SW 153RD DRIVE, BEAVERTON, OR 97003

Signing Officer

Name
Debendra Das Sharma
Title
Chairman
Phone
5036190505
Signed
2023-11-14

Organization Details

Principal Officer
Debendra Das Sharma
Formed
2022
Legal Domicile
De
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
24

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, directors of the board and work group chairs.

Form 990, Part IX, Line 11G

Public relation services 36,065 0 0

Raw XML Appendix309 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/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/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SKCPA & CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010260 SW GREENBURG ROAD SUITE 1000
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PORTLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0972235526
ReturnHeader/PreparerPersonGrp/PhoneNum05032931040
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SEAN S KIM
ReturnHeader/ReturnTs02023-11-15T12:27:28-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DEBENDRA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DAS SHARMA
ReturnHeader/TaxPeriodBeginDt02022-06-17
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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