Civic Intelligence

Travel Tech the Travel Technology Association

990 • Fiscal year 2013 • EIN 94-3293419

Jan 01, 2013 to Dec 31, 2013 • Filed on Sep 18, 2014

1250 Connecticut Avenue NW Room 82520036

(202) 503-1422

Siviq Scores

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

Liabilities / Assets

94th percentile

0.83x

Higher debt load relative to assets than 94% of similar nonprofits.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

93rd percentile

1.01x

Higher debt load relative to revenue than 93% of similar nonprofits.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2013

Net Margin

24th percentile

-2.6%

Higher net margin than 24% of similar nonprofits.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

25th percentile

$58,887

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2013

Asset Growth

99th percentile

269%

Faster asset growth than 99% of similar nonprofits.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

6th percentile

-20%

Faster revenue growth than 6% of similar nonprofits.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2011 to 2013

Assets

Up

$2,360,697

Up $1,720,686 (+269%) from 2012

Net Assets

Down

$394,607

Down $53,678 (-12%) from 2012

Liabilities

Up

$1,966,090

Up $1,774,364 (+925%) from 2012

Revenue

$1,939,794

No earlier filing loaded for comparison.

Expenses

Up

$1,990,446

Up $9,820 (+0.5%) from 2012

Net Income

-$50,652

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.

$3.0M$2.0M$1.0M$0Assets 2010: $537,548Liabilities 2010: $0Net Assets 2010: $537,5482010Assets 2011: $392,107Liabilities 2011: $0Net Assets 2011: $392,1072011Assets 2012: $640,011Liabilities 2012: $191,726Net Assets 2012: $448,2852012Assets 2013: $2,360,697Liabilities 2013: $1,966,090Net Assets 2013: $394,6072013Assets 2014: $908,514Liabilities 2014: $210,808Net Assets 2014: $697,7062014Assets 2015: $2,647,992Liabilities 2015: $2,037,635Net Assets 2015: $610,3572015Assets 2016: $2,680,529Liabilities 2016: $2,009,569Net Assets 2016: $670,9602016Assets 2017: $1,080,032Liabilities 2017: $168,392Net Assets 2017: $911,6402017Assets 2018: $1,501,869Liabilities 2018: $535,044Net Assets 2018: $966,8252018Assets 2019: $1,483,363Liabilities 2019: $313,503Net Assets 2019: $1,169,8602019Assets 2020: $1,517,414Liabilities 2020: $67,709Net Assets 2020: $1,449,7052020Assets 2021: $1,330,686Liabilities 2021: $128,353Net Assets 2021: $1,202,3332021Assets 2022: $1,125,183Liabilities 2022: $99,558Net Assets 2022: $1,025,6252022Assets 2023: $1,082,636Liabilities 2023: $127,339Net Assets 2023: $955,2972023Assets 2024: $964,539Liabilities 2024: $9,546Net Assets 2024: $954,9932024

Highlighted filing

2013

Assets$2,360,697
Liabilities$1,966,090
Net Assets$394,607

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $893,536Expenses 2010: $546,782Net Income 2010: $346,7542010Revenue 2011: $3,039,491Expenses 2011: $2,786,665Net Income 2011: $252,8262011Expenses 2012: $1,980,6262012Revenue 2013: $1,939,794Expenses 2013: $1,990,446Net Income 2013: -$50,6522013Revenue 2014: $2,741,182Expenses 2014: $2,414,880Net Income 2014: $326,3022014Revenue 2015: $2,685,542Expenses 2015: $2,772,891Net Income 2015: -$87,3492015Revenue 2016: $2,250,331Expenses 2016: $2,189,728Net Income 2016: $60,6032016Revenue 2017: $2,326,046Expenses 2017: $2,085,366Net Income 2017: $240,6802017Revenue 2018: $2,054,312Expenses 2018: $1,999,127Net Income 2018: $55,1852018Revenue 2019: $2,242,982Expenses 2019: $2,039,947Net Income 2019: $203,0352019Revenue 2020: $1,469,490Expenses 2020: $1,189,645Net Income 2020: $279,8452020Revenue 2021: $809,165Expenses 2021: $1,056,537Net Income 2021: -$247,3722021Revenue 2022: $1,011,370Expenses 2022: $1,188,078Net Income 2022: -$176,7082022Revenue 2023: $1,417,920Expenses 2023: $1,488,248Net Income 2023: -$70,3282023Revenue 2024: $1,735,384Expenses 2024: $1,735,688Net Income 2024: -$3042024

Highlighted filing

2013

Revenue$1,939,794
Expenses$1,990,446
Net Income-$50,652
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Sep 18, 2014
Return Version
2013v3.1
Gross Receipts
$1,939,794
Mission and Program Overview

Mission

The mission of the Travel Technology Association is to be the recongnized voice and global leader in advocating for policies that support and enhance the ability for travel technology providers to connect consumers and travel suppliers, eliminate barriers to travel, and safeguard consumer choice.

See Schedule O for description

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$156,132$1,833,794▲ $1,677,662
Rtn Earn Endowment Incm Other Fnds$448,285$394,607▼ $53,678
Savings and Temporary Cash Investments$303,125$303,747▲ $622
Cash and Non-Interest-Bearing Accounts$179,096$223,156▲ $44,060
Prepaid Expenses and Deferred Charges$1,658--
Total Assets$640,011$2,360,697▲ $1,720,686
Liabilities
Deferred Revenue$20,000$1,789,955▲ $1,769,955
Accounts Payable and Accrued Expenses$171,726$176,135▲ $4,409
Total Liabilities$191,726$1,966,090▲ $1,774,364
Net Assets / Fund Balance
Total Net Assets Fund Balance$448,285$394,607▼ $53,678
Total Liabilities and Net Assets / Fund Balance$640,011$2,360,697▲ $1,720,686
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stephen ShurPresidentFT$57,292$1,595$58,887

Board Members and Trustees

NameTitle
Chris ChiamesChair
Brent ThompsonDirector
Bruce CharendoffDirector
Jim GibsonDirector
Peter MillonesDirector
Simon GrosDirector
Stewart AlvarezSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Tusk StrategiesConsulting-$220,691
Hogan Lovells US LLPConsulting-$120,000
Connections Media LLCConsulting-$116,696
Sperling & Slater PCConsulting-$103,974
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,939,094
Investment Income
$700
Other Revenue
$0
Change in Net Assets
$-50,652
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,918,062
Salaries, Compensation, and Employee Benefits$72,384
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other---$1,188,980
Fees for Services Legal---$206,193
Advertising---$131,125
Information Technology---$125,988
Current Officers, Directors, Trustees, and Key Employees---$57,292
Fees for Services Accounting---$34,270
Office Expenses---$17,123
Occupancy---$16,900
Other Expenses---$8,175
Other Salaries and Wages---$6,435
Travel---$5,689
Pension Plan Contributions---$3,570
Payroll Taxes---$3,174
Other Employee Benefits---$1,913
Insurance---$1,857
Conferences and Meetings---$1,200
All Other Expenses---$1,000
Total Functional Expenses$0$0$0$1,990,446
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
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Total Nondeductible Lobbying and Political Cost$1,866,267
Current Year Nondeductible Lobbying and Political Cost$234,000
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
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The Organization has members who do business in the travel industry.

Form 990, Part VI, Section A, Line 7A

Each member organization has the power to appoint a representative to the board of directors.

Form 990, Part VI, Section B, Line 11

The Organizations entire board reviews the Form 990.

Form 990, Part VI, Section C, Line 19

The Organization does not make its governing documents available to the public.

Filing and Contact Details

Filer

EIN
94-3293419
Phone
2025031422

Signing Officer

Name
Chris Chiames
Title
Chairman
Signed
2014-09-18
Discuss with paid preparer
No

Organization Details

Formed
1998
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
2
Volunteers
5

Preparer

Preparer
Elizabeth Leith CPA
Phone
2024223067
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

Description Travel Tech is a Trade Association for the travel technology industy, representing the leading online travel companies, travel technology solutions providers, and short-term rental companies, and is dedicated to connecting consumers and travel providers, eliminating barriers to travel, and protecting the traveling public.

Form 990, Part IX, Line 11G

Fees Monitoring Service 1,056,048, Public Relations 86,859, Other Services 32,578, Professional Fees 13,495

Raw XML Appendix355 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/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0448285
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0394607
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0303125
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0303747
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AggregateReportedDuesNtcAmt0321750
IRS990ScheduleC/AgreeCarryoverPriorYearInd0true
IRS990ScheduleC/CarriedOverAmt01544517
IRS990ScheduleC/DuesAssessmentsAmt0585000
IRS990ScheduleC/NonDedLbbyngPltclCyovAmt01632267
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt0234000
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt01866267
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description Travel Tech is a Trade Association for the travel technology industy, representing the leading online travel companies, travel technology solutions providers, and short-term rental companies, and is dedicated to connecting consumers and travel providers, eliminating barriers to travel, and protecting the traveling public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Organization has members who do business in the travel industry.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Each member organization has the power to appoint a representative to the board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Organizations entire board reviews the Form 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Organization does not make its governing documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Fees Monitoring Service 1,056,048, Public Relations 86,859, Other Services 32,578, Professional Fees 13,495
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part I, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 11g
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0640011
IRS990/TotalAssetsEOYAmt02360697
IRS990/TotalAssetsGrp/BOYAmt0640011
IRS990/TotalAssetsGrp/EOYAmt02360697
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/TotalAmt01990446
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0191726
IRS990/TotalLiabilitiesEOYAmt01966090
IRS990/TotalLiabilitiesGrp/BOYAmt0191726
IRS990/TotalLiabilitiesGrp/EOYAmt01966090
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0448285
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0394607
IRS990/TotalOtherCompensationAmt01595
IRS990/TotalProgramServiceRevenueAmt01939094
IRS990/TotalReportableCompFromOrgAmt057292
IRS990/TotalRevenueGrp/ExclusionAmt0700
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01939094
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01939794
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0640011
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02360697
IRS990/TravelGrp/TotalAmt05689
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine101250 Connecticut Ave NW Suite 825
IRS990/USAddress/City0Washington
IRS990/USAddress/State0DC
IRS990/USAddress/ZIPCode020036
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0www.TravelTech.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRIS CHIAMES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-09-18
ReturnHeader/Filer/BusinessName/BusinessNameLine10The Travel Technology Association Inc
ReturnHeader/Filer/BusinessNameControlTxt0TRAV
ReturnHeader/Filer/EIN0943293419
ReturnHeader/Filer/PhoneNum02025031422
ReturnHeader/Filer/USAddress/AddressLine101250 Connecticut Avenue NW Room 825
ReturnHeader/Filer/USAddress/City0Washington
ReturnHeader/Filer/USAddress/State0DC
ReturnHeader/Filer/USAddress/ZIPCode020036
ReturnHeader/PreparerPersonGrp/PhoneNum02024223067
ReturnHeader/PreparerPersonGrp/PreparationDt02014-09-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Elizabeth Leith CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02014-09-18T07:15:24-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.96$0.01$0.95$1.74$1.74$0.00
2023Detailed filing. Detailed filing data is available for this year.$1.08$0.13$0.96$1.42$1.49$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.13$0.10$1.03$1.01$1.19$0.18
2021Detailed filing. Detailed filing data is available for this year.$1.33$0.13$1.20$0.81$1.06$0.25
2020Detailed filing. Detailed filing data is available for this year.$1.52$0.07$1.45$1.47$1.19$0.28
2019Detailed filing. Detailed filing data is available for this year.$1.48$0.31$1.17$2.24$2.04$0.20
2018Detailed filing. Detailed filing data is available for this year.$1.50$0.54$0.97$2.05$2.00$0.06
2017Detailed filing. Detailed filing data is available for this year.$1.08$0.17$0.91$2.33$2.09$0.24
2016Detailed filing. Detailed filing data is available for this year.$2.68$2.01$0.67$2.25$2.19$0.06
2015Detailed filing. Detailed filing data is available for this year.$2.65$2.04$0.61$2.69$2.77$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.91$0.21$0.70$2.74$2.41$0.33
2013Detailed filing. Detailed filing data is available for this year.$2.36$1.97$0.39$1.94$1.99$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.19$0.45$1.98
2011Summary only. Only limited summary data is available for this year.$0.39$0.00$0.39$3.04$2.79$0.25
2010Summary only. Only limited summary data is available for this year.$0.54$0.00$0.54$0.89$0.55$0.35