STAR-STANDARDS FOR TECHNOLOGY IN AUTOMOT

EIN: 542026209 Community Improvement

BOULDER, CO

Total Revenue
$549,867
Total Expenses
$364,870
Total Assets
$785,739
Net Assets
$772,992
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
DC
Principal Officer
JP GARVEY
Phone
3037048779
Tax Period
2024-01-01 to 2024-12-31

STAR-STANDARDS FOR TECHNOLOGY IN AUTOMOT, founded in 2001, is a small nonprofit in the Community Improvement sector that reported $550K in total revenue in fiscal year 2024. Revenue surged 87% from the prior year, signaling strong growth momentum. The organization ran a surplus of $185K, a strong 34% operating margin.

Mission

THE CORPORATION IS ORGANIZED TO PROMOTE THE COMMON BUSINESS INTERESTS AMONG INDIVIDUALS AND BUSINESSES ENGAGED IN THE DEVELOPMENT OF INFORMATION TECHNOLOGY STANDARDS IN THE RETAIL AUTOMOTIVE INDUSTRY.

Program Service Accomplishments

Program 1

CONTINUED SUPPORT FOR OUR MEMBERS IMPLEMENTATION AND IMPROVEMENT OF STANDARDS FOR RETAIL AUTOMOTIVE DATA EXCHANGE. CONTINUED TO ASSIST AUTOMOTIVE DEALER WITH THE IMPLEMENTATION OF STANDARDS FOR DATA...

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CONTINUED SUPPORT FOR OUR MEMBERS IMPLEMENTATION AND IMPROVEMENT OF STANDARDS FOR RETAIL AUTOMOTIVE DATA EXCHANGE. CONTINUED TO ASSIST AUTOMOTIVE DEALER WITH THE IMPLEMENTATION OF STANDARDS FOR DATA EXCHANGE AND NETWORK INFRASTRUCTURE DESIGN AND IMPLEMENTATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,000
Program Service Revenue $546,867
Investment Income $0
Other Revenue $0
TOTAL REVENUE $549,867

Expense Breakdown

Grants Paid $0
Salaries & Benefits $151,691
Fundraising Expenses $0
Other Expenses $213,179
TOTAL EXPENSES $364,870

Year-over-Year Comparison

2024 2023 Change
Revenue $549,867 $293,425 +0.9%
Expenses $364,870 $340,253 +0.1%
Net Income $184,997 $-46,828 -5.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
1
Volunteers
10

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JP GARVEY CHAIRMAN 1.00
Officer Director
$0 $0 $0
JOHN REED VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
PHILIP TAYLOR TREASURER 1.00
Officer Director
$0 $0 $0
ANDERS PUWANANT DIRECTOR 1.00
Director
$0 $0 $0
BRENDON AYERS DIRECTOR 1.00
Director
$0 $0 $0
GAUTAM MAZUMDAR DIRECTOR 1.00
Director
$0 $0 $0
DAN RUDDY DIRECTOR 1.00
Director
$0 $0 $0
HARSHA YARRAM DIRECTOR 1.00
Director
$0 $0 $0
ERIK DAY DIRECTOR 1.00
Director
$0 $0 $0
FRANCISCO ESCOBAR ENTERPRISE DATA ARCHITECT 40.00
Highest
$139,907 $0 $139,907
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $549,867 $364,870 $785,739 $184,997
2023 $293,425 $340,253 $597,841 $-46,828
2022 $277,906 $323,601 $679,972 $-45,695
2021 $255,208 $219,382 $709,821 $35,826
2020 $229,292 $261,144 $697,724 $-31,852
2019 $252,500 $214,254 $676,976 $38,246
2018 $236,667 $207,154 $638,554 $29,513
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