USB IMPLEMENTERS FORUM INC C/O VTM GROUP (EIN 931296452) - Form 990 Financial Analysis & Trantor Score

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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

2000

Legal Domicile

Principal Officer

JEFFREY L RAVENCRAFT

Phone

5036190426

Tax Period

2023-01-01 to 2023-12-31

USB IMPLEMENTERS FORUM INC C/O VTM GROUP, founded in 2000, is a community nonprofit in the Community Improvement sector that reported $5.2M in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year.

Mission

TO PROMOTE DEVELOPMENT AND ADOPTION OF USB TECHNOLOGY DEVICES AND SERVE THE COMPUTER INDUSTRY.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $5,124,200

Investment Income $79,015

Other Revenue $-20,390

TOTAL REVENUE $5,182,825

Expense Breakdown

Grants Paid $0

Salaries & Benefits $273,289

Fundraising Expenses $0

Other Expenses $5,351,229

TOTAL EXPENSES $5,624,518

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,182,825	$5,457,657	-0.1%
Expenses	$5,624,518	$5,133,358	+0.1%
Net Income	$-441,693	$324,299	-2.4%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

102

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

$273,289

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFREY L RAVENCRAFT	PRESIDENT & COO	40.00	Officer	$273,289	$0	$273,289
BRAD SAUNDERS	CHAIR & DIRECTOR (PART-YEAR)	5.00	Officer Director	$0	$0	$0
ABDUL RAHMAN ISMAIL	CHAIR & CTO (PART-YEAR)	5.00	Officer Director	$0	$0	$0
ALAN BERKEMA	VICE-PRESIDENT,SECRETARY,&DIR(PT-YR)	5.00	Officer Director	$0	$0	$0
ISAAC LAGNADO	VICE-PRESIDENT,SECRETARY,&DIR(PT-YR)	5.00	Officer Director	$0	$0	$0
PHILIP LEUNG	TREASURER & DIRECTOR	5.00	Officer Director	$0	$0	$0
MATT CHUNG	DIRECTOR (PART-YEAR)	5.00	Director	$0	$0	$0
DAVE CONROY	DIRECTOR	5.00	Director	$0	$0	$0
GERARD MAS	DIRECTOR	5.00	Director	$0	$0	$0
TOBY NIXON	DIRECTOR (PART-YEAR)	5.00	Director	$0	$0	$0
ANWAR SADAT	DIRECTOR	5.00	Director	$0	$0	$0

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	No data	No data	No data	No data
2023	$5,182,825	$5,624,518	$5,875,103	$-441,693
2022	$5,457,657	$5,133,358	$6,573,351	$324,299
2021	$5,610,966	$4,931,309	$6,239,445	$679,657
2020	$5,455,591	$4,747,441	$5,423,444	$708,150
2019	$5,625,703	$5,253,814	$4,594,086	$371,889
2018	$5,447,389	$5,138,268	$4,215,251	$309,121

USB IMPLEMENTERS FORUM INC C/O VTM GROUP