Fieldcomm Group Inc

Nonprofit profile at a glance

EIN
471471411
IRS 990 coverage
2014–2024
Forms available
Form 990 2024
Location
Austin, TX, USA
Phone
5127922300
Rating confidence
Limited
Sector
Chambers of Commerce & Business Leagues

Official website

Reported finances

Revenue
$6,580,674
Expenses
$6,744,733
Assets
$5,609,699
Liabilities
$3,521,973

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

19 people listed

Executive titles in this filing

  • THEODORE F MASTERS (PRESIDENT & CEO)

Highest reported compensation

  • THEODORE F MASTERS (PRESIDENT & CEO): $443,737 total reported compensation
  • STEPHEN MITSCHKE (DIRECTOR OF STANDARDS DEV): $275,415 total reported compensation
  • WALLACE PRATT (DIRECTOR OF FIELD COMMUNICATIONS): $268,808 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Develop, manage and promote global standards for integrating digital devices into automation system architectures while protecting process-automation investments.

What it reported doing in 2024

Industry education and awareness: the first activity in which the fieldcomm group will engage relates to education and awareness of standards within the industry. The goal is to educate and raise awareness of open standards within the industry. This will include, among other activities:- educating all interested parties regarding non-proprietary, internationally recognized, open standards for the industry via publications, tradeshows, and outreach events;- facilitating regular training of any interested party;- providing training seminars that are open to the public and arranging for space at demonstration and trade shows that include various uses of the open standards implemented by a variety of vendors;- documenting and promoting best practices for improvement of the industry;- hosting specialized events (such as traveling roadshows) to educate users and developers;- cooperating with educational institutions to create and promote curriculum for current and future industry workers;- facilitating the exchange of information among all interested parties to enhance the further elaboration of technical specifications for open standards that benefit the industry; and- publishing a periodic newsletter and hosting working group meetings and seminars to keep the industry and public informed about the state of engineering, application and further developments concerning the open standards.

Operating model

Revenue model
Earned-program. 97% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 50
  • Accountability: 86
  • Sustainability: 24
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: Scored; rating input score 0
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 92.3%; rating input score 92; 23rd percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -2.5%; rating input score 25; 25th percentile among comparable filings
  • Total-asset coverage ratio: 0.83; rating input score 31; 31st percentile among comparable filings
  • Liabilities to assets ratio: 0.63; rating input score 16; 16th percentile among comparable filings
  • Officer compensation ratio: 24.9%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 6% per year; rating input score 100; 48th percentile among comparable filings
  • Asset growth: 2.7% per year; rating input score 100; 23rd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 12 of 13 board members independent · 7 of 9 filing controls reported
  • Programs: 3 filed program accomplishments
  • Leadership: top reported pay $444K · 19 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 4 contractors listed · $941K reported
  • Consistency: 13 of 13 current checks pass
  • Schedules: 5 filed schedules · includes foreign activity and executive pay
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Transparency & Controls: Grant itemization coverage scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Operating margin scored 25/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
  • High — Sustainability: Officer compensation ratio scored 8/100.
  • High — Sustainability: Liabilities to assets ratio scored 16/100.