Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2001.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
8 people listed on the 990; $228K paid to officers and key staff.
Jeffrey L Ravencraft’s $266K as President & COO is at the 81st percentile of top reported officer pay among 2832 $1–10M community development 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 · 1 named individual · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Jeffrey L Ravencraft | $266,009 | $273,289 | $269,299 | $228,008 | $238,342 |
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
Promotes USB technology development and adoption for the computer industry.
Questions for Usb Implementers Forum INC
Your first name shows with your question. Usb Implementers Forum INC answers here, for everyone.
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During 2021, there were two usb developers days events held, with a total of 276 attendees.
Four usb compliance workshops were held during 2021.
By the numbers
The FY2021 990, line by line.
Download 990
| Line | Start FY21 | End FY21 |
|---|---|---|
| Cash and savingsLn 1–2 | $2.8M | $4.9M |
| Land, buildings, equipmentLn 10c | $619K | $522K |
| Total assetsLn 16 | $5.4M | $6.2M |
| LiabilitiesLn 26 | $164K | $299K |
| Net assetsLn 32 | $5.3M | $5.9M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of disqualified personsLn 6 | $228K | |||
| Management feesLn 11a | $728K | |||
| Legal feesLn 11b | $60K | |||
| Accounting feesLn 11c | $43K | |||
| Other fees for servicesLn 11g | $36K | |||
| Advertising and promotionLn 12 | $721K | |||
| Office expensesLn 13 | $68K | |||
| Information technologyLn 14 | $111K | |||
| TravelLn 17 | $13K | |||
| Conferences, conventions and meetingsLn 19 | $1.9M | |||
| Depreciation, depletion and amortizationLn 22 | $275K | |||
| InsuranceLn 23 | $8K | |||
| Other expenses (24a–d)Ln 24 | $708K | |||
| Total functional expensesLn 25 | $4.9M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $5.4M | $5.2M | $224K | $6.1M | 990 PDF |
| FY2023 | $5.2M | $5.6M | −$442K | $5.9M | 990 PDF |
| FY2022 | $5.5M | $5.1M | $324K | $6.3M | 990 PDF |
| FY2021 Viewing | $5.6M | $4.9M | $680K | $5.9M | 990 PDF |
| FY2020 | $5.5M | $4.7M | $708K | $5.3M | 990 PDF |
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Schedules filed Part IV
See the full FY2021 990 (6 parts)
Part I · Summary $5,610,966 revenue, 12 lines filed
Part VI · Governance 7 of 7 board members independent, 2 to look at
Part VIII · Statement of revenue $5,610,966 across 2 lines filed
Part IX · Statement of functional expenses $4,931,309 across 13 lines filed
Part X · Balance sheet $6,239,445 assets, 13 lines filed
Part XI · Reconciliation of net assets $5,940,225 net assets at year end
Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File
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