Global Semiconductor Alliance
Nonprofit profile at a glance
- EIN
- 770376600
- IRS 990 coverage
- 2023–2024
- Forms available
- Form 990 2024
- Location
- Dallas, TX, USA
- Phone
- 9728667579
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $8,843,830
- Expenses
- $8,041,842
- Assets
- $1,111,309
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
29 people listed
Executive titles in this filing
- Jodi L Shelton (President and CEO)
People named in this filing
- Rani Borkar (Director)
- Dr Thomas Caulfield (Director)
- Jean-Marc Chery (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The GSA is a business league which was formed to stimulate the development of leading edge technology and foundry capacity for the fabless semiconductor industry, i.e., companies engaged in the design and fabrication of semiconductors and semiconductor devices such as transistors and integrated circuits. Its goal is to promote global collaboration within the semiconductor ecosystem to create a more robust, efficient, reliable, and profitable semiconductor industry. It is the leading business league for the semiconductor industry, representing over 25 countries and has over 250 corporate members, including 100 public companies. Persons currently serving on its Board of Directors include representatives of AMD, Applied Materials, Intel, Meta, Microsoft, Qualcomm and Samsung.The GSA engages in four principal activities: 1. Thought Leadership 30%2. Curated Events 35%3. Women's Leadership 25%4. Research, Marketing, Industry, and Financial Information 10%
What it reported doing in 2024
ACTIVITY THREE: WOMEN'S LEADERSHIPThe GSA Women's Leadership Initiative (WLI) seeks in increase the number of young STEM focused women to the semiconductor industry, to retain, develop and promote women already in the industry and to support female entrepreneurs. The GSA has created a separate website for this initiative www.designthesolution.org. Objective 1: Attract more young women to the industry. The GSA has severalprograms directed at students.1) University ProgramsThe GSA seeks to attract more women to the semiconductor industry and does this through creating university programs whereby it brings in its member companies and young women from the industry to demonstrate to the female students why this is such an exciting and vibrant industry and why women should join the industry. This is done both domestically and internationally.2) Internship & New Hire PortalThe GSA has developed a job and internship portal to connect current and aspiring semiconductor professionals to opportunities in the field.3) Industry BrandingThe GSA believes that part of the problem for young students to choose thesemiconductor industry is that it has become a "boring" industry, so the GSA puts a huge effort in rebranding the industry away from the deep tech details to tell students that they can design the solution to many of the world's most daunting challenges including climate change, endemic poverty, lack of healthcare, etc. The GSA has created www.designthesolution.org which includes many resources for students and women in the industry and includes the rebranding of the industry.4) Visibility CampaignThe GSA believes that by showing young women what other women haveaccomplished in the industry that this will help make this a more attractive industry. The GSA utilizes social media to provide visibility of women in our industry. This platform is very important and is widely praised.Objective 2: Retain, Develop and Promote Women. This objective is accomplished through the following:1) EventsThe GSA hosts a number of exciting in-person and virtual events throughout the year. The marquee event is Women in Semiconductor Hardware (WISH). This annual conference offers a mix of inspirational and technical topics for attendees to explore, and it is free for students. WISH brings together industry luminaries, technology leaders, entrepreneurs, and university students in STEM to recognize and demonstrate women's technical prowess in the semiconductor ecosystem and celebrate their contributions to the industry.2) Visibility PlatformVisibility Campaign - The GSA regularly showcases inspirational women in thesemiconductor industry on Its Instagram, LinkedIn, and Facebook accounts.3) Presentations/MarketingThe GSA's CEO is often asked to speak to women's groups including NVIDIA, Micron, Ansys and Analog Devices.4) ResourcesThe GSA produces other resources, including: a. WLI Women's Directory, a comprehensive database of women in thesemiconductor industry; b. Best Practices Playbook and its accompanying CEO Pledge, which serveas a guide for companies committed to uplifting industry women and closing the gender gap; c. Women in the Semiconductor Industry Survey & Whitepaper, a study ofgender equality in the semiconductor industry; d. WLI Newsletter, a quarterly publication that connects women in thesemiconductor industry; ande. Woman2Woman, Mentoring Moments for Women in the Workforce, videos which are a resource to current and future semiconductor industry women.5) CommitteesThe GSA maintains certain committees for women, including an EntrepreneurCommittee, Marketing Committee and New Technical Hires Committee.6) Women in Hardware Mentorship ProgramWomen in Hardware Mentorship (WHM) Program - 2023 is the pilot year for thisprogram. This program aims to help mid-career level mentees develop leadership skills and help them advance into leadership roles. The program's goal is to build a support community of women in hardware engineering across the industry a
Operating model
- Revenue model
- Earned-program. 90% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 92
- Accountability: 69
- Sustainability: 52
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67.3%; rating input score 67
- Program expense ratio: 74.1%; rating input score 74
- Fundraising efficiency: $0.93 raised per $1 spent on fundraising; rating input score 2; 2nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 96.7%; rating input score 97; 26th percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 9.1%; rating input score 61; 61st percentile among comparable filings
- Total-asset coverage ratio: 0.14; rating input score 4; 4th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 97; 97th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings
Growth
- Program expense growth: 86.8% per year; rating input score 100; 99th percentile among comparable filings
- Revenue growth: 95.5% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: 112.9% per year; rating input score 100; 100th percentile among comparable filings
Details
- Where the money goes: 67.3% of revenue deployed · 74.1% of spending went to programs
- Governance: 29 of 30 board members independent · 2 of 7 filing controls reported
- Programs: 4 filed program accomplishments · $6M in reported program spending
- Leadership: top reported pay $0 · 29 people listed
- Highest-paid contractors: 5 contractors listed · $5.3M reported
- Consistency: 22 of 22 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- 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 — Accountability: Governance controls: 4 of 6 not reported.
- High — Financial Efficiency: Fundraising efficiency scored 2/100.
- High — Sustainability: Total-asset coverage ratio scored 4/100.