Transaction Processing Performance Council is located in San Francisco, CA. The organization was established in 1990. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Transaction Processing Performance Council is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Transaction Processing Performance Council generated $348.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $335.5k during the year ending 12/2021. While expenses have increased by 1.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY ACTIVITY OF THE CORPORATION IS THE DEVELOPMENT AND PUBLICATION OF STANDARDS FOR THE MEASUREMENT OF COMPUTER SYSTEMS PERFORMANCE IN TRANSACTION PROCESSING APPLICATIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRANSACTION PROCESSING PERFORMANCE COUNCIL'S 2021 ACCOMPLISHMENTS:MAINTAINED SMOOTH VIRTUAL OPERATIONS AS COVID-19 RESTRICTIONS PERSISTED.UPDATED AND UPGRADED SEVERAL BENCHMARKS, INCLUDING TPC-DS (V3.2), TPCX-BB (1.5.0), TPCX-IOT (1.0.5), TPCX-V (2.1.8), AND TPCX-HCI (1.1.8), HAMMERDB (4.2).REFINED THE POLICIES INCLUDING CORRECTIONS AND CLARIFICATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jamie Reding Secretary | OfficerTrustee | 1.5 | $0 |
Michael Majdalany Executive Dir. | OfficerTrustee | 1.5 | $0 |
Michael Brey Treasurer | OfficerTrustee | 1.5 | $0 |
Ken Rule Director | Trustee | 1.5 | $0 |
Matt Emmerton Director | Trustee | 1.5 | $0 |
Nicholas Wakou Director | Trustee | 1.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $304,938 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $304,938 |
Total Program Service Revenue | $38,500 |
Investment income | $4,528 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $347,966 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $185,000 |
Fees for services: Legal | $1,135 |
Fees for services: Accounting | $850 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $10,800 |
Office expenses | $4,439 |
Information technology | $131,155 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,240 |
All other expenses | $0 |
Total functional expenses | $335,522 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $531,692 |
Savings and temporary cash investments | $224,124 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $142,500 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $774 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $51,551 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $950,641 |
Accounts payable and accrued expenses | $12,395 |
Grants payable | $0 |
Deferred revenue | $323,698 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $336,093 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $614,548 |
Total liabilities and net assets/fund balances | $950,641 |
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