Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1994.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
13 people listed on the 990; $2.5M paid to officers and key staff.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Malcolm Thompson | — | $560,811 | $493,472 | $457,471 | — | — |
| Malcolm J Thompson | — | — | — | — | $456,338 | $428,272 |
| Art Wall | $401,993 | $371,854 | $353,528 | $270,645 | — | — |
| Michael Kaplan | — | — | $377,688 | $316,451 | — | — |
| Diane Baxster | $377,560 | $367,266 | $349,451 | $231,947 | — | — |
| Janos Veres | — | $356,981 | $373,022 | $326,575 | — | — |
| Janos Veres - to July 2025 | $357,531 | — | — | — | — | — |
| Erica Roman | $325,720 | $316,857 | — | — | $257,939 | $209,999 |
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 Flextech Alliance INC executive salaries →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
Builds a national network for advanced flexible hybrid electronics manufacturing.
Questions for Flextech Alliance INC
Your first name shows with your question. Flextech Alliance INC answers here, for everyone.
Successful progress on research project calls in awarding and completing planned research awards and issuing a request for proposals for additional research projects. Oversee the research projects ensuring technical and financial results are aligned with approved goals, milestones, and budgets through to successful conclusion.
Continued adding new members and participants to the institute membership and adding additional government agency funded projects through modifications to the cooperative agreement.
Continued development and expansion of an education, training and workforce development program to help build the human capital base for a us fhe manufacturing industry.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Federal money
Plus 3 smaller programs.
The auditor reported no findings.
Plus 3 smaller programs.
The auditor reported no findings.
Plus 2 smaller programs.
The auditor reported no findings.
Plus 2 smaller programs.
The auditor reported no findings.
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $32.8M | $47.0M |
| Land, buildings, equipmentLn 10c | $326K | $409K |
| Total assetsLn 16 | $51.3M | $54.2M |
| LiabilitiesLn 26 | $38.8M | $41.0M |
| Net assetsLn 32 | $12.5M | $13.2M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of disqualified personsLn 6 | $956K | |||
| Other salaries and wagesLn 7 | $5.3M | |||
| Pension plan contributionsLn 8 | $286K | |||
| Other employee benefitsLn 9 | $2.8M | |||
| Payroll taxesLn 10 | $609K | |||
| Legal feesLn 11b | $119K | |||
| Accounting feesLn 11c | $119K | |||
| Lobbying feesLn 11d | $133K | |||
| Other fees for servicesLn 11g | $940K | |||
| Advertising and promotionLn 12 | $174K | |||
| Office expensesLn 13 | $169K | |||
| Information technologyLn 14 | $467K | |||
| OccupancyLn 16 | $1.2M | |||
| TravelLn 17 | $142K | |||
| Conferences, conventions and meetingsLn 19 | $27K | |||
| Depreciation, depletion and amortizationLn 22 | $185K | |||
| InsuranceLn 23 | $72K | |||
| Other expenses (24a–d)Ln 24 | $35.0M | |||
| All other expensesLn 24e | −$5.9M | |||
| Total functional expensesLn 25 | $42.8M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 LatestFiled with the IRS Jul 31, 2026 | $53.2M | $51.3M | $1.8M | $15.2M | 990 PDF |
| FY2024Filed with the IRS Aug 5, 2025 | $51.3M | $51.1M | $152K | $13.4M | 990 PDF |
| FY2023 ViewingFiled with the IRS Aug 9, 2024 | $43.6M | $42.8M | $744K | $13.2M | 990 PDF |
| FY2022Filed with the IRS Aug 15, 2023 | $42.9M | $41.2M | $1.7M | $12.5M | 990 PDF |
| FY2021Filed with the IRS Aug 10, 2022 | $62.0M | $61.7M | $261K | $9.4M | 990 PDF |
| FY2020Filed with the IRS Aug 16, 2021 | $33.8M | $34.7M | −$969K | $9.1M | 990 PDF |
Schedules filed Part IV
See the full FY2023 990 (6 parts)
Part I · Summary $43,592,289 revenue, 12 lines filed
Part VI · Governance 6 of 7 board members independent, no flags
Part VIII · Statement of revenue $43,592,289 across 7 lines filed
Part IX · Statement of functional expenses $42,847,888 across 19 lines filed
Part X · Balance sheet $54,179,758 assets, 14 lines filed
Part XI · Reconciliation of net assets $13,201,749 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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