Flextech Alliance Inc
501(c)(6)
Declining revenue
Flextech Alliance Inc is a 501(c)(6) organization based in San Jose, California, registered in 1994, with $51,256,574 in FY2023 revenue.
2244 Blach Place, San Jose, CA, 95131 EIN 74-2678229 Since 1994
Revenue (FY2023)
$51.3M
▲ 17.6% vs prior year
Expenses (FY2023)
$51.1M
Net assets
$13.4M
Employees
70
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
★★★★
Rated on 3 of 4 criteria — the rest aren't reported in this filing type.
Capped at A — the top grade requires the fuller disclosure of a complete Form 990.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Flextech Alliance Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating3 mo reserves · +0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Flextech Alliance Inc: 3 mo reserves · +0% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Flextech Alliance Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Flextech Alliance Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To advance the flexible hybrid electronics manufacturing ecosystem in america.
What they do
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.
Contact & location
- Address
- 2244 Blach Place, San Jose, CA, 95131
- City
- San Jose
- State
- California
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $3.6M (FY2013) to $51.3M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $47.6MNet assets $13.4M
Operating margin
0.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$61.0M
Total liabilities
$47.6M
Net assets
$13.4M
Salaries & benefits
$9.2M
18% of expenses
Board members
6
5 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $51,256,574▲17.6% | $51,104,842▲19.3% | $13,353,481▲1.1% | $60,975,284▲12.5% | 990 |
| 2022 | $43,592,289▲1.5% | $42,847,888▲3.9% | $13,201,749▲6.0% | $54,179,758▲5.7% | 990 |
| 2021 | $42,936,461▼30.7% | $41,232,162▼33.2% | $12,457,348▲33.0% | $51,281,915▲48.9% | 990 |
| 2020 | $61,964,414▲83.5% | $61,703,899▲77.7% | $9,365,675▲2.9% | $34,447,158▲70.9% | 990 |
| 2019 | $33,762,499▲13.5% | $34,731,590▲11.6% | $9,105,160▲37.7% | $20,159,324▼2.6% | 990 |
| 2018 | $29,747,979▼1.3% | $31,116,591▲7.4% | $6,613,660▼58.9% | $20,705,340▼30.5% | 990 |
| 2017 | $30,138,236▲47.3% | $28,976,256▲61.5% | $16,090,563▲473% | $29,796,862▲18.4% | 990 |
| 2016 | $20,455,108▲320% | $17,944,218▲291% | $2,806,578▲849% | $25,167,102▲316% | 990 |
| 2015 | $4,873,955▼9.3% | $4,590,804▼17.9% | $295,688▲7.5% | $6,052,079▼39.7% | 990 |
| 2014 | $5,372,667▲51.2% | $5,591,939▲50.2% | $275,106▼44.4% | $10,039,754▲66.9% | 990 |
| 2013 | $3,553,807 | $3,721,848▲36.1% | $494,378▼25.4% | $6,014,252▲63.0% | 990 |
| 2012 | — | $2,734,150▼11.1% | $662,419▼7.7% | $3,690,586▲29.0% | 990 |
| 2011 | — | $3,075,634▲11.0% | $717,517▼23.1% | $2,860,306▼40.2% | 990 |
| 2010 | — | $2,771,841▼25.7% | $933,013▼19.1% | $4,785,934▲64.0% | 990 |
| 2009 | — | $3,729,035 | $1,153,177 | $2,917,937 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Malcolm Thompson — $560,811 (1.10% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Malcolm Thompson | Executive Director (thru 12/23) | 40 | $560,811 |
| Art Wall | Director of Fab/int. Exec. Dir. | 40 | $371,854 |
| Diane Baxster | Dir. of Fin./cfo/treasurer | 40 | $367,266 |
| Janos Veres | Director of Eng | 40 | $356,981 |
| Erica Roman | Corporate Council | 40 | $316,857 |
| Ed Hendricks | Director of Govt Bd | 40 | $264,314 |
| Scott Miller | Director of Tech | 40 | $260,657 |
| Karen Savala | Director of Marketing | 40 | $250,122 |
| Ajit Manocha | Chairman & Director | 1 | — |
| Dan Gamota | Dir., Exec. Dir. (start 09/24) | 40 | — |
| Doyle Edwards | Director | 1 | — |
| Jessica Gomez | Director | 1 | — |
| Kevin Bauer | Secretary | 1 | — |
| Melissa Grupen-shemansky | President & Ceo | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Cloudfirst Technology Solutions Inc | Internet Services & Consulting | $195,328 |
| Controller's Group Inc | Temporary Staffing Services | $185,564 |
| New Growth Group LLC | Workforce Development Consulting | $161,630 |
| Baker Donelson Bearman Caldwell & Ber | Mktg Consulting & Lobbying | $150,000 |
| Rimon PC | Legal Services | $142,217 |
Grants made · $5.9M in FY2016
22 grants totaling $5.9M in FY2016 — showing the 15 largest. All grants made by Flextech Alliance Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Sensor Films | Research in flexible hybrid electronics | $784,142 |
| Bmnt Partners LLC | Research in flexible hybrid electronics | $728,682 |
| Foundation of the State University of New York At Binghamton Inc | Research in flexible hybrid electronics | $648,942 |
| Itn Energy Systems Inc | Research in flexible hybrid electronics | $625,530 |
| The Boeing Company | Research in flexible hybrid electronics | $402,792 |
| Lockheed Martin | Research in flexible hybrid electronics | $388,501 |
| Trustees of Purdue University | Research in flexible hybrid electronics | $346,598 |
| University of Massachusetts At Lowell | Research in flexible hybrid electronics | $335,412 |
| Molex LLC | Research in flexible hybrid electronics | $255,261 |
| Universal Instruments | Research in flexible hybrid electronics | $247,737 |
| Parc | Research in flexible hybrid electronics | $218,687 |
| Si2 Technologies Inc | Research in flexible hybrid electronics | $167,801 |
| Cal Poly Corporation | Research in flexible hybrid electronics | $162,277 |
| Semi | Research in flexible hybrid electronics | $150,069 |
| Uniqarta Inc | Research in flexible hybrid electronics | $126,097 |
Frequently asked questions
- Is Flextech Alliance Inc a legitimate nonprofit?
- Yes. Flextech Alliance Inc is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 74-2678229, based in San Jose, California.
- What is Flextech Alliance Inc's EIN?
- Flextech Alliance Inc's Employer Identification Number (EIN) is 74-2678229.
- How much revenue does Flextech Alliance Inc report?
- Flextech Alliance Inc reported $51,256,574 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much does Flextech Alliance Inc's highest-paid employee make?
- The highest reported compensation on Flextech Alliance Inc's latest Form 990 is $560,811, paid to Malcolm Thompson (Executive Director (thru 12/23)).
More nonprofits in San Jose
Explore more
Data for Flextech Alliance Inc (EIN 74-2678229) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.