The Technology Executives Roundtable Inc

Nonprofit profile at a glance

EIN
582464544
IRS 990-EZ coverage
2010–2022
Forms available
Form 990-EZ 2022
Location
Atlanta, GA, USA
Phone
7709849070
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Chambers of Commerce & Business Leagues

Official website

Reported finances

Revenue
$80,635
Expenses
$91,199
Assets
$19,928
Liabilities
$3,329

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • DOUG LEGG (VICE PRESIDENT)
  • JOHN WICHMANN (PRESIDENT)
  • DAVID BRINKMAN (IMMEDIATE PAST PRESIDENT)

People named in this filing

  • DOUG LEGG (VICE PRESIDENT)
  • SEAN LAGER (TREASURER)
  • ANN MCDONALD (HOST COMMITTEE CHAIRPERSON)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The goal of ter is to provide a unique forum for the member executive of a technology company to share, challenge and test their ideas freely so that they are better equipped to run their individual companies.

What it reported doing in 2022

The technology executives roundtable ("ter") is a business league comprised of chief executive officers, founders, chief financial officers and other senior executives of atlanta, Georgia based technology industry awareness. Ter was organized to provide these business leaders with additional information and insight into issues facing the technology industry and to provide mutual business growth and support from a peer group of industry focused individuals. Ter sponsors monthly meetings that consist of a program or presentation with subject matters relevant to the needs of growing technology companies. Meeting topics offered during the organization's 2022 year included the following: -video conference: top 10 key accounting, legal & tax issues for 2022 -m&a new 2022 trends in deals, valuations and hot markets-competing for top talent in 2022 -why & how to grow your tech business internationally- in the new european world-technology executive compensation: the 2022 compensation report and panel discussion -venture capital investing in 2022 new trends, deal terms in an inflationary environment -where technology sales & marketing meet: a look inside the cmo/cro relationship -key trends & strategies for the post-pandemic workplace -cybersecurity: the cost of doing business -master the abcs of selling to client executives- ter virtual sales webinar -why inclusive culture is imperative for every technology company -twelfth annual john imlay leadership award ceremony -2023 economic outlook presented by roger tutterow, phd., kennesaw state university as of december 31, 2022, membership in ter included approximately 74 due paying members.

Operating model

Revenue model
Donor-supported. 60% of the money available for current operations came from contributions and gifts.
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.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 27
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -13.1%; rating input score 30; 30th percentile among comparable filings
  • Total-asset coverage ratio: 0.22; rating input score 15; 15th percentile among comparable filings
  • Liabilities to assets ratio: 0.17; rating input score 15; 15th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 8.6% per year; rating input score 100; 71st percentile among comparable filings
  • Revenue growth: 2.2% per year; rating input score 100; 65th percentile among comparable filings
  • Asset growth: -4.9% per year; rating input score 0; 24th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $91K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 12 filing years from 2010 to 2022
  • 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.

  • Moderate — Sustainability: Operating margin scored 30/100.
  • High — Sustainability: Total-asset coverage ratio scored 15/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 15/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.