Association for Competitive Technology

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

to strive to preserve and enhance competition and entrepreneurial spirit that has been the hallmark of the tehnology industry

$3.6M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2024 · 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
5 of 5
filings with a surplus
Average surplus $3.5M a year · 28% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$3.6M
to officers and key staff · 34% of spending
Concern: pay to officers and key staff is 34% of spending; over 30%.
Pt VII · Sec A
14 mo
of spending, in cash
Looks good: 14.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
−$2.6M
-15% of total assets
Looks good: liabilities are -15% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 3 voting members
Concern: none of 3 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$15.5M
+6% vs prior year
Spent
$10.8M
To programs
0%
Net assets
$19.8M
By yearFY2020–FY2024
Revenue
$15.5M
FY2024▲ +6%
Tap a bar for its year
Revenue by fiscal year
FY2020$9.4M
FY2021$10.2M
FY2022$13.6M
FY2023$14.6M
FY2024$15.5M
Expenses
$10.8M
FY2024▲ +20%
Tap a bar for its year
Expenses by fiscal year
FY2020$6.4M
FY2021$7.3M
FY2022$12.2M
FY2023$9.0M
FY2024$10.8M
Net assets
$19.8M
FY2024▲ +32%
Tap a bar for its year
Net assets by fiscal year
FY2020$5.1M
FY2021$8.0M
FY2022$9.4M
FY2023$15.1M
FY2024$19.8M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1999.

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

Who runs it and what they're paid

15 people listed on the 990; $3.6M paid to officers and key staff.

Part VII, Section A · reportable compensation
President
$639,800Pt VII · Sec A
Executive Director
$398,600Pt VII · Sec A
General Counsel
$388,600Pt VII · Sec A
$338,038Pt VII · Sec A
Legal Counsel
$317,388Pt VII · Sec A
Board Chair
$314,996Pt VII · Sec A
Dir of Membership
$238,900Pt VII · Sec A
State Public Policy as
$171,667Pt VII · Sec A

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

NameFY2024FY2023FY2022FY2021FY2020
Morgan Reed$639,800$469,800$534,800$391,800$414,100
Chelsea Thomas$398,600$323,600$323,600$316,100$278,600
Graham Dufault$388,600$288,350$283,250$264,400—
Rene Adam$338,038$243,129$302,225$270,669$203,716
Brian Scarpelli$317,388$290,400$283,250$252,400$242,400
Mike Sax$314,996————
Grham Dufault————$242,400
Alex Cooke$238,900$182,525———

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.

See Association for Competitive Technology executive salaries →

On this list? Claim this org

Something off? Claim to add context

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

Promotes competition and entrepreneurial spirit in the technology industry.

Questions for Association for Competitive Technology

Tap to ask. Association for Competitive Technology sees how many people are interested.

Your first name shows with your question. Association for Competitive Technology answers here, for everyone.

Provided by the organization

Know this org? Add your story

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$15.5M
Ln 12
Gifts and grantsLn 1h$14.9M
Other incomeLn 4–11$467K
Investment incomeLn 3$146K
Money outPt IX
$10.8M
Ln 25
Owns and owesPt X
$19.8M
net assets · Ln 32
Cash and savingsLn 1–2$13.0M
Total assetsLn 16$17.3M
LiabilitiesLn 26−$2.6M
PeoplePt VI, VII
15
listed · VII A
PaidVII A14
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$14.9M
Investment incomeLn 3$146K
Other incomeLn 4–11$467K
Total revenueLn 12$15.5M
Assets in detailPt X, end of year
CashLn 1$13.0M
Cash and savings togetherLn 1–2$13.0M
Other assetsLn 15$111K
Total assetsLn 16$17.3M
LiabilitiesLn 26−$2.6M
Net assetsLn 32$19.8M
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$7.8M$13.0M
Total assetsLn 16$13.2M$17.3M
LiabilitiesLn 26−$1.9M−$2.6M
Net assetsLn 32$15.1M$19.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$3.1M
Other salaries and wagesLn 7$615K
Pension plan contributionsLn 8$184K
Other employee benefitsLn 9$353K
Payroll taxesLn 10$210K
Legal feesLn 11b$126K
Accounting feesLn 11c$8K
Lobbying feesLn 11d$29K
Other fees for servicesLn 11g$2.6M
Advertising and promotionLn 12$948K
Office expensesLn 13$182K
Information technologyLn 14$14K
OccupancyLn 16$403K
TravelLn 17$775K
Conferences, conventions and meetingsLn 19$627K
Depreciation, depletion and amortizationLn 22$24K
InsuranceLn 23$23K
Other expenses (24a–d)Ln 24$452K
Total functional expensesLn 25$10.8M$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $15.5M$10.8M$4.7M$19.8M 990 PDF
FY2023 $14.6M$9.0M$5.6M$15.1M 990 PDF
FY2022 $13.6M$12.2M$1.5M$9.4M 990 PDF
FY2021 $10.2M$7.3M$2.9M$8.0M 990 PDF
FY2020 $9.4M$6.4M$3.0M$5.1M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $15,510,425 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $14,459,533$14,897,373
I-9 Program service revenue$0
I-10 Investment incomePrior year $9,913$146,260
I-11 Other revenuePrior year $112,033$466,792
I-12 Total revenuePrior year $14,581,479$15,510,425
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $3,603,926$4,509,932
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $5,347,053$6,261,473
I-18 Total expensesPrior year $8,950,979$10,771,405
I-19 Revenue less expensesPrior year $5,630,500$4,739,020
Part VI · Governance 0 of 3 board members independent, 1 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members0
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $15,510,425 across 8 lines filed
VIII-1b Membership dues$14,247,373
VIII-1f All other contributions, gifts and grants$650,000
VIII-1h Total contributions, gifts and grants$14,897,373
VIII-3 Investment income$146,260
VIII-6 Net rental income or loss$22,020
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)$444,772
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$15,510,425
Part IX · Statement of functional expenses $10,771,405 across 18 lines filed
IX-5 Pay of current officers, directors and key staff$3,148,058
IX-7 Other salaries and wages$615,356
IX-8 Pension plan contributions$183,674
IX-9 Other employee benefits$352,551
IX-10 Payroll taxes$210,293
IX-11b Legal fees$126,005
IX-11c Accounting fees$8,377
IX-11d Lobbying fees$29,470
IX-11g Other fees for services$2,648,492
IX-12 Advertising and promotion$947,951
IX-13 Office expenses$181,904
IX-14 Information technology$14,444
IX-16 Occupancy$403,230
IX-17 Travel$775,164
IX-19 Conferences, conventions and meetings$627,278
IX-22 Depreciation, depletion and amortization$24,164
IX-23 Insurance$22,691
IX-24 Other expenses (24a–d)$452,303
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$10,771,405
Part X · Balance sheet $17,257,562 assets, 9 lines filed
Asset lines not itemized here account for $150,000; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $7,794,993$13,002,217
X-4 Accounts receivableStart of year $5,224,192$3,993,949
X-15 Other assetsStart of year $107,135$111,396
X-16 Total assetsStart of year $13,176,320$17,257,562
X-17 Accounts payable and accrued expensesStart of year $4,711$23,383
X-25 Other liabilitiesStart of year −$1,902,746−$2,609,623
X-26 Total liabilitiesStart of year −$1,898,035−$2,586,240
X-32 Total net assets or fund balancesStart of year $15,074,355$19,843,802
X-33 Total liabilities and net assetsStart of year $13,176,320$17,257,562
Part XI · Reconciliation of net assets $19,843,802 net assets at year end
XI-1 Total revenue$15,510,425
XI-2 Total expenses$10,771,405
XI-3 Revenue less expenses$4,739,020
XI-4 Net assets at start of year$15,074,355
XI-5 Net unrealized gains (losses) on investments$30,427
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$19,843,802

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.