X12 Incorporated

Not tax-deductible

Arlington, VA501(c)(6)Since 2012Public & Societal BenefitEIN 46-1372675

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X12 is an ANSI-accredited, consensus-based, non-profit organization focused on development, implementation, and ongoing use of mature, highly-efficient and effective, technology-neutral, interoperable electronic data interchange standards that support ongoing and emerging needs of businesses and consumers across and within various industries.

13¢ of each $1 spent went to programs.
Run by 300 volunteers.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

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FY2025 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $363K a year · 17% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
13%
of spending
Concern: 13% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$483K
to officers and key staff · 25% of spending
Top officer’s pay higher than 98% of similar orgs
Worth a look: pay to officers and key staff is 25% of spending; over 20%.
Pt VII · Sec A
Cash reserves
13 mo
of spending, in cash
Looks good: 12.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$822K
27% of total assets
Looks good: liabilities are 27% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 6 voting members
Looks good: 5 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.2M
-54% vs prior year
Spent
$1.9M
To programs
13%
Net assets
$2.3M
By yearFY2020–FY2025
Revenue
$2.2M
FY2025▼ -54%
Revenue by fiscal year
FY2020$1.4M
FY2021$1.5M
FY2022$1.6M
FY2023$1.8M
FY2024$4.8M
FY2025$2.2M
Expenses
$1.9M
FY2025▼ -2%
Expenses by fiscal year
FY2020$1.3M
FY2021$1.5M
FY2022$1.7M
FY2023$2.6M
FY2024$2.0M
FY2025$1.9M
Net assets
$2.3M
FY2025▲ +14%
Net assets by fiscal year
FY2020$208K
FY2021$128K
FY2022−$65K
FY2023−$851K
FY2024$2.0M
FY2025$2.3M

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2014.

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

Where the money goes

13 cents of each dollar spent went to programs.

Program services 13% · $256K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990; $483K paid to officers and key staff.

Part VII, Section A · reportable compensation
CEO, Secretary
$483,290Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Cathy Sheppard’s $483K as CEO, Secretary is at the 98th percentile of top reported officer pay among 731 $1–10M public & societal benefit nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Cathy Sheppard$483,290$510,005$369,572$338,848$310,476$318,655
Peter Anderson—$3,431$4,200$5,063$5,944$4,594

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

Develops and implements technology-neutral electronic data standards for business and consumer needs.

Provided by the organization

This section is blank until X12 Incorporated claims this page.

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3 program services account for $256K of program spending, described in the organization's own filed words · FY2025.
01

Meetings

Enabling face-to-face and virtual collaboration, networking, and corporate activities for X12 members and materially interested non-members.

$255Kprogram expense
02

Membership

(1) Recruiting and supporting materially-interested organizations and individuals as X12 members. X12 members then provide cross-industry and cross-functional experts who contribute their expertise, experience, and knowledge to ensure X12 work products are relevant, efficient, and reliable.

$639program expense
03

Work Products

(1) Maintaining an expansive standardized vocabulary to define data content and describe data relationships for particular business uses across many industry verticals; (2) Publishing of: (a) metadata repository that supports syntax-specific and syntax-neutral electronic messages, (b) EDI Standards- traditional EDI syntax that powers…

Pt IX · col B

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By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$2.2M
Ln 12
Fees for servicesLn 2g$2.2M
Money outPt IX
$1.9M
Ln 25
Programscol B$256K
Owns and owesPt X
$2.3M
net assets · Ln 32
Cash and savingsLn 1–2$2.0M
Total assetsLn 16$3.1M
LiabilitiesLn 26$822K
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$2.2M
Total revenueLn 12$2.2M
Assets in detailPt X, end of year
CashLn 1$2.0M
Cash and savings togetherLn 1–2$2.0M
Total assetsLn 16$3.1M
LiabilitiesLn 26$822K
Net assetsLn 32$2.3M
OperationsPt I, VI
EmployeesI 50
VolunteersI 6300
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$2.2M$2.0M
Total assetsLn 16$3.0M$3.1M
LiabilitiesLn 26$985K$822K
Net assetsLn 32$2.0M$2.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$639
Pay of current officers, directors and key staffLn 5$461K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Legal feesLn 11b$21K
Accounting feesLn 11c$83K
Other fees for servicesLn 11g$993K
Advertising and promotionLn 12$30K
Office expensesLn 13$1K
Information technologyLn 14$30K
TravelLn 17$9K
Conferences, conventions and meetingsLn 19$255K
InterestLn 20$158
InsuranceLn 23$14K
Other expenses (24a–d)Ln 24$16K
Total functional expensesLn 25$1.9M$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $2.2M$1.9M$284K$2.3M 990 PDF
FY2024 $4.8M$2.0M$2.8M$2.0M 990 PDF
FY2023 $1.8M$2.6M−$786K−$851K 990 PDF
FY2022 $1.6M$1.7M−$193K−$65K 990 PDF
FY2021 $1.5M$1.5M−$80K$128K 990 PDF
FY2020 $1.4M$1.3M$118K$208K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $2,196,784 across 3 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,196,784 · Unrelated business $0 · Excluded from tax $0$2,196,784
VIII-12 Total revenueRelated to mission $2,196,784 · Unrelated business $0 · Excluded from tax $0$2,196,784
Part IX · Statement of functional expenses $1,913,208 across 21 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$639
IX-5 Pay of current officers, directors and key staff$460,640
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11b Legal fees$20,599
IX-11c Accounting fees$82,991
IX-11g Other fees for services$993,004
IX-12 Advertising and promotion$30,000
IX-13 Office expenses$1,487
IX-14 Information technology$29,534
IX-17 Travel$9,196
IX-19 Conferences, conventions and meetings$254,865
IX-20 Interest$158
IX-23 Insurance$14,335
IX-24 Other expenses (24a–d)$15,760
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$1,913,208
Part X · Balance sheet $3,091,832 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $2,160,647$2,018,263
X-4 Accounts receivableStart of year $782,307$979,180
X-9 Prepaid expenses and deferred chargesStart of year $28,382$94,389
X-16 Total assetsStart of year $2,971,336$3,091,832
X-17 Accounts payable and accrued expensesStart of year $251,356$42,702
X-19 Deferred revenueStart of year $733,887$778,836
X-26 Total liabilitiesStart of year $985,243$821,538
X-27 Net assets without donor restrictionsStart of year $1,986,093$2,270,294
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $1,986,093$2,270,294
X-33 Total liabilities and net assetsStart of year $2,971,336$3,091,832
Part XI · Reconciliation of net assets $2,270,294 net assets at year end
XI-1 Total revenue$2,196,784
XI-2 Total expenses$1,913,208
XI-3 Revenue less expenses$283,576
XI-4 Net assets at start of year$1,986,093
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$625
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,270,294

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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