The Computing Technology Industry Assoc FY2023 filing

Not tax-deductible

Downers Grove, IL501(c)(6)Since 1982Mutual / membership EIN 06-1058206Revenue $166.3M in FY2023

On file with the IRScomptia.org3500 Lacey Rd Ste 100, 60515-5439 · Downers Grove, ILTax-exempt since Apr 1985

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Advancing the global tech Industry. IT pro quad: empowering people to build (see sch o) successful tech careers. B2b quad: enabling b2b partners and customers to deliver talent to the global workforce. Psa quad: advocating for innovation, a skilled workforce and solutions to drive business. Bot quad: accelerating the adoption of Technology business solutions.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
$7.1M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $6.0M a year · 4% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$7.1M
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
<1 mo
of spending, in cash
Worth a look: 0.7 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $253K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$153.5M
101% of total assets
Concern: liabilities are 101% of assets; over 80%.
Pt X · Ln 26
Independent board members
8
of 13 voting members
Looks good: 8 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$166.3M
+15% vs prior year
Spent
$174.2M
Net assets
−$1.2M
By yearFY2020–FY2024
Revenue
$166.3M
FY2023▲ +15%
Tap a bar for its year
Revenue by fiscal year
FY2020$103.3M
FY2021$122.9M
FY2022$144.8M
FY2023$166.3M
FY2024$216.9M
Expenses
$174.2M
FY2023▲ +27%
Tap a bar for its year
Expenses by fiscal year
FY2020$82.3M
FY2021$120.3M
FY2022$137.3M
FY2023$174.2M
FY2024$210.1M
Net assets
−$1.2M
FY2023▼ -107%
Tap a bar for its year
Net assets by fiscal year
FY2020$11.5M
FY2021$12.7M
FY2022$16.7M
FY2023−$1.2M
FY2024$8.7M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1985.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

21 people listed on the 990; $7.1M paid to officers and key staff.

Part VII, Section A · reportable compensation
President/CEO
$2,481,123Pt VII · Sec A
EVP - Global Certification
$662,142Pt VII · Sec A
$661,081Pt VII · Sec A
Senior Director US Academic Sales
$562,060Pt VII · Sec A
Chief Innovation Officer
$556,783Pt VII · Sec A
Senior VP Industry Engagement
$523,265Pt VII · Sec A
Chief of Staff
$523,014Pt VII · Sec A
Chief Legal Officer
$485,943Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Todd Thibodeaux$4,406,894$2,481,123$1,554,741$1,485,023$1,357,983
Brian Laffey$1,128,168$661,081$429,043$393,975$362,856
Thomas Reilly$1,008,969————
Tim Herbert$961,330————
Charles Eaton$955,694$523,014———
Courtney Fong$909,862$485,943$592,444$357,298$328,443
Donna Koppensteiner$858,563————
Martin Shoer$808,871————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Advances the global tech industry by providing professional training, certifications, business solutions, and advocacy to build a skilled workforce and accelerate technology adoption.

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3 programs · in their own filed words · FY2023
01

Membership

Comptia is a thriving community of organizations throughout the it channel, including vendors, resellers, distributors, and educators. Our mission is to advance the interests of our valued members and the global it industry as a whole.

Pt IX · col B
02

Certification

Comptia is the leading provider of vendor-neutral certifications in the world. During the current year 331,163 certification exams were given in PC support, networking, security, cloud, linux, server and other it skills.

Pt IX · col B
03

Training & Elearning

Comptia provides everything needed to prepare for the certification exam. Comptia developed training with options that fit various learning styles and timelines including self-study or classroom training.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$253K
Grants paid · 87 grants · $42.1M · 2020–2024
Technology Student AssociationVA · FY2024$312,500
America SucceedsCO · FY2024$100,000
Inspiring Tech FoundationNJ · FY2024$75,000
Tech for TroopsVA · FY2024$45,000
Outreach INCIA · FY2024$18,000
Out in Tech INCNY · FY2024$17,500
On Ramps to CareersNY · FY2024$15,000
The Posse Foundation INCNY · FY2024$10,000
Girls Embracing Mothers INCTX · FY2024$10,000
America SucceedsCO · FY2023$350,000
Technology Student AssociationVA · FY2023$187,500
Inspiring Tech FoundationNJ · FY2023$125,000
Innocent Lives FoundationFL · FY2023$30,000
See all 87 grants →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$166.3M
Ln 12
Fees for servicesLn 2g$165.6M
Gifts and grantsLn 1h$638K
Investment incomeLn 3$137K
Money outPt IX
$174.2M
Ln 25
Owns and owesPt X
−$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$9.7M
Total assetsLn 16$152.3M
LiabilitiesLn 26$153.5M
PeoplePt VI, VII
21
listed · VII A
PaidVII A13
Voting boardVI 1a13
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$638K
Fees for servicesLn 2g$165.6M
Investment incomeLn 3$137K
Total revenueLn 12$166.3M
Assets in detailPt X, end of year
CashLn 1$9.7M
Cash and savings togetherLn 1–2$9.7M
Land, buildings, equipmentLn 10c$12.4M
Other assetsLn 15$101.2M
Total assetsLn 16$152.3M
LiabilitiesLn 26$153.5M
Net assetsLn 32−$1.2M
OperationsPt I, VI
EmployeesI 5264
VolunteersI 62,358
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$9.2M$9.7M
Land, buildings, equipmentLn 10c$11.1M$12.4M
Total assetsLn 16$71.6M$152.3M
LiabilitiesLn 26$54.9M$153.5M
Net assetsLn 32$16.7M−$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$11.1M
Grants and assistance to foreign recipientsLn 3$30K
Pay of current officers, directors and key staffLn 5$7.1M
Other salaries and wagesLn 7$64.4M
Pension plan contributionsLn 8$3.5M
Other employee benefitsLn 9$7.9M
Payroll taxesLn 10$5.6M
Legal feesLn 11b$1.2M
Accounting feesLn 11c$1.2M
Other fees for servicesLn 11g$8.1M
Advertising and promotionLn 12$7.8M
Office expensesLn 13$968K
Information technologyLn 14$8.3M
OccupancyLn 16$1.8M
TravelLn 17$3.6M
Conferences, conventions and meetingsLn 19$4.8M
InterestLn 20$15.2M
Depreciation, depletion and amortizationLn 22$12.7M
InsuranceLn 23$1.3M
Other expenses (24a–d)Ln 24$7.4M
All other expensesLn 24e$296K
Total functional expensesLn 25$174.2M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $216.9M$210.1M$6.7M$8.7M 990 PDF
FY2023 Viewing $166.3M$174.2M−$7.9M−$1.2M 990 PDF
FY2022 $144.8M$137.3M$7.6M$16.7M 990 PDF
FY2021 $122.9M$120.3M$2.6M$12.7M 990 PDF
FY2020 $103.3M$82.3M$20.9M$11.5M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign J · Pay O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $166,347,790 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $118,500$637,573
I-9 Program service revenuePrior year $141,623,485$165,573,325
I-10 Investment incomePrior year $3,092,566$136,892
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $144,834,551$166,347,790
I-13 Grants and similar amounts paidPrior year $9,780,571$11,099,961
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $58,523,035$88,511,495
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $68,966,423$74,586,502
I-18 Total expensesPrior year $137,270,029$174,197,958
I-19 Revenue less expensesPrior year $7,564,522−$7,850,168
Part VI · Governance 8 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $166,347,790 across 5 lines filed
Lines not itemized here account for $75,653 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$637,573
VIII-1h Total contributions, gifts and grants$637,573
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $165,497,672$165,497,672
VIII-3 Investment incomeExcluded from tax $136,892$136,892
VIII-12 Total revenueRelated to mission $165,497,672 · Unrelated business $75,653 · Excluded from tax $136,892$166,347,790
Part IX · Statement of functional expenses $174,197,958 across 21 lines filed
IX-1 Grants to domestic organizations$11,069,961
IX-3 Grants and assistance to foreign recipients$30,000
IX-5 Pay of current officers, directors and key staff$7,115,990
IX-7 Other salaries and wages$64,352,207
IX-8 Pension plan contributions$3,548,607
IX-9 Other employee benefits$7,944,306
IX-10 Payroll taxes$5,550,385
IX-11b Legal fees$1,214,606
IX-11c Accounting fees$1,206,054
IX-11g Other fees for services$8,051,423
IX-12 Advertising and promotion$7,758,135
IX-13 Office expenses$967,991
IX-14 Information technology$8,311,303
IX-16 Occupancy$1,764,334
IX-17 Travel$3,616,808
IX-19 Conferences, conventions and meetings$4,782,262
IX-20 Interest$15,196,048
IX-22 Depreciation, depletion and amortization$12,724,183
IX-23 Insurance$1,250,025
IX-24 Other expenses (24a–d)$7,447,766
IX-24e All other expenses$295,564
IX-25 Total functional expenses$174,197,958
Part X · Balance sheet $152,308,254 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $9,206,881$9,722,821
X-4 Accounts receivableStart of year $10,161,252$16,079,120
X-9 Prepaid expenses and deferred chargesStart of year $2,066,360$3,309,541
X-10c Land, buildings and equipment, netStart of year $11,117,362$12,366,929
X-14 Intangible assetsStart of year $0$9,641,666
X-15 Other assetsStart of year $39,036,144$101,188,177
X-16 Total assetsStart of year $71,587,999$152,308,254
X-17 Accounts payable and accrued expensesStart of year $20,624,029$27,849,154
X-19 Deferred revenueStart of year $28,911,930$34,554,160
X-24 Unsecured notes and loans payableStart of year $0$14,519,800
X-25 Other liabilitiesStart of year $5,333,857$76,565,384
X-26 Total liabilitiesStart of year $54,869,816$153,488,498
X-27 Net assets without donor restrictionsStart of year $16,718,183−$1,180,244
X-32 Total net assets or fund balancesStart of year $16,718,183−$1,180,244
X-33 Total liabilities and net assetsStart of year $71,587,999$152,308,254
Part XI · Reconciliation of net assets −$1,180,244 net assets at year end
XI-1 Total revenue$166,347,790
XI-2 Total expenses$174,197,958
XI-3 Revenue less expenses−$7,850,168
XI-4 Net assets at start of year$16,718,183
XI-5 Net unrealized gains (losses) on investments−$6,133
XI-8 Prior period adjustments−$2,060,266
XI-9 Other changes in net assets−$7,981,860
XI-10 Net assets at end of year−$1,180,244

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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