Technology Association of America

Nonprofit profile at a glance

EIN
541966209
IRS 990 coverage
2010–2013
Forms available
Form 990 2013
Location
Downers Grove, IL, USA
Phone
2026829110
Rating confidence
Limited
Sector
Chambers of Commerce & Business Leagues

Official website

Reported finances

Revenue
$6,867,631
Expenses
$7,454,458
Assets
$2,956,378
Liabilities
$2,678,928

Source: IRS Form 990. Selected filing: tax year 2013. Amounts in USD.

Leadership & pay

31 people listed

Executive titles in this filing

  • SHAWN OSBORNE (PRESIDENT/CEO)
  • ALLEN HODGKINS (SENIOR VICE PRESIDENT)
  • KEVIN RICHARDS (VICE PRESIDENT)

Highest reported compensation

  • SHAWN OSBORNE (PRESIDENT/CEO): $511,647 total reported compensation
  • BENJAMIN ADERSON (GENERAL COUNSEL): $215,550 total reported compensation
  • JEFFREY BATES (CHIEF FINANCIAL OFFICER): $198,893 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2013. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the technology association of america is to be the principal advocate for innovation, committed to driving the competitiveness and growth of the technology industry worldwide. Techamerica advocates, connects, and educates to advance global innovation and economic growth.

What it reported doing in 2013

Techamerica's commercial policy mission is to shape, promote, and protect the industry through grassroots to global policy advocacy, provide access to business opportunities, relationships, and investors; offer insight through critical business intelligence; assist in organizational and employee development through education and training; and offer cost savings from a unique suite of business services. Among its key policy objectives are the defense and promotion of a global delivery model driven by global networks and human capital supplies, the strengthening of information security and advocating for fair tax policies. The commercial sector group is divided into a commercial policy division and a commercial development division to help meet our members' needs and to help them grow their businesses. The commercial policy division, which focuses on the policy, legal and regulatory issues facing the technology industry, has a robust government affairs program. This includes a 50-state government affairs offering, as well as federal affairs and international affairs programs. Among the broad public policy issues that the group's committees focus on are tax policy, business immigration, trade and global supply chain, e-commerce and telecommunications, broadband deployment, intellectual property, health i.t., cloud computing, information security, and data privacy.

Operating model

Revenue model
Earned-program. 96% 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: 88
  • Sustainability: 14
  • Growth: 0

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 83.3%; rating input score 83; 0th 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: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: 0%; rating input score 0; 5th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 96.2%; rating input score 96; 28th 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: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -8.5%; rating input score 12; 12th percentile among comparable filings
  • Total-asset coverage ratio: 0.4; rating input score 19; 19th percentile among comparable filings
  • Liabilities to assets ratio: 0.91; rating input score 10; 10th percentile among comparable filings
  • Officer compensation ratio: 16.8%; rating input score 10; 10th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -18.3% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: -44.9% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 25 of 26 board members independent · 7 of 9 filing controls reported
  • Programs: 3 filed program accomplishments
  • Leadership: top reported pay $512K · 31 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $94K reported
  • Consistency: 11 of 13 current checks pass · 2 findings to review
  • Schedules: 8 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 4 filing years from 2010 to 2013
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Transparency & Controls: Grant itemization coverage scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 12/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 19/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Transparency & Controls: Schedule D land buildings reconciliation did not reconcile in the filed values.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 10/100.
  • High — Sustainability: Officer compensation ratio scored 10/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.