Civic Intelligence

Professional Liability Agents Network Inc

990 • Fiscal year 2015 • EIN 06-1239073

Apr 01, 2014 to Mar 31, 2015 • Filed on Sep 21, 2015

PO Box 1632Monterey, CA 93940

(831) 372-3706

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

27th percentile

0.01x

Higher debt load relative to assets than 27% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

32nd percentile

0.01x

Higher debt load relative to revenue than 32% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Net Margin

86th percentile

19%

Higher net margin than 86% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

66th percentile

$94,597

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 23.3% of source-year revenue.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Asset Growth

71st percentile

12%

Faster asset growth than 71% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

77th percentile

14%

Faster revenue growth than 77% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$767,327

Up $80,802 (+12%) from 2014

Net Assets

Up

$762,347

Up $75,822 (+11%) from 2014

Liabilities

Up

$4,980

Up $4,980 from 2014

Revenue

Up

$406,815

Up $50,192 (+14%) from 2014

Expenses

Down

$330,993

Down $110,985 (-25%) from 2014

Net Income

Up

$75,822

Up $161,177 (+189%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2010: $1,023,538Net Assets 2010: $1,023,5382010Assets 2011: $842,954Liabilities 2011: $0Net Assets 2011: $842,9542011Assets 2012: $846,403Liabilities 2012: $5,007Net Assets 2012: $841,3962012Assets 2013: $1,021,880Liabilities 2013: $250,000Net Assets 2013: $771,8802013Assets 2014: $686,525Liabilities 2014: $0Net Assets 2014: $686,5252014Assets 2015: $767,327Liabilities 2015: $4,980Net Assets 2015: $762,3472015Assets 2016: $1,117,924Liabilities 2016: $295,893Net Assets 2016: $822,0312016Assets 2017: $841,897Liabilities 2017: $77,250Net Assets 2017: $764,6472017Assets 2018: $910,928Liabilities 2018: $83,608Net Assets 2018: $827,3202018Assets 2019: $1,237,032Liabilities 2019: $336,959Net Assets 2019: $900,0732019Assets 2020: $1,039,866Liabilities 2020: $93,083Net Assets 2020: $946,7832020Assets 2021: $1,189,952Liabilities 2021: $82,556Net Assets 2021: $1,107,3962021Assets 2022: $1,239,639Liabilities 2022: $81,473Net Assets 2022: $1,158,1662022Assets 2023: $1,243,476Liabilities 2023: $86,132Net Assets 2023: $1,157,3442023Assets 2024: $1,300,133Liabilities 2024: $83,827Net Assets 2024: $1,216,3062024Assets 2025: $1,342,849Liabilities 2025: $111,459Net Assets 2025: $1,231,3902025

Highlighted filing

2015

Assets$767,327
Liabilities$4,980
Net Assets$762,347

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2010: $387,434Expenses 2010: $381,322Net Income 2010: $6,1122010Expenses 2011: $397,7952011Expenses 2012: $364,7142012Revenue 2013: $363,060Expenses 2013: $432,576Net Income 2013: -$69,5162013Revenue 2014: $356,623Expenses 2014: $441,978Net Income 2014: -$85,3552014Revenue 2015: $406,815Expenses 2015: $330,993Net Income 2015: $75,8222015Revenue 2016: $404,905Expenses 2016: $345,221Net Income 2016: $59,6842016Revenue 2017: $350,131Expenses 2017: $414,946Net Income 2017: -$64,8152017Revenue 2018: $427,960Expenses 2018: $365,287Net Income 2018: $62,6732018Revenue 2019: $467,361Expenses 2019: $394,608Net Income 2019: $72,7532019Revenue 2020: $450,148Expenses 2020: $403,438Net Income 2020: $46,7102020Revenue 2021: $378,118Expenses 2021: $217,505Net Income 2021: $160,6132021Revenue 2022: $417,951Expenses 2022: $322,651Net Income 2022: $95,3002022Revenue 2023: $251,172Expenses 2023: $251,994Net Income 2023: -$8222023Revenue 2024: $278,369Expenses 2024: $219,407Net Income 2024: $58,9622024Revenue 2025: $298,324Expenses 2025: $299,857Net Income 2025: -$1,5332025

Highlighted filing

2015

Revenue$406,815
Expenses$330,993
Net Income$75,822
Jump To
Filing Snapshot
Filing Period
Apr 1, 2014 to Mar 31, 2015
Signed
Sep 21, 2015
Return Version
2014v5.0
Gross Receipts
$406,838
Mission and Program Overview

Mission

The organization provides a forum for the exchange of information for aiding and improving the business of providing liability insurance for architects, engineers, and accountants.

The organization's mission is to enhance the ability of its members in providing quality insurance and risk management services to their clients. The organization promotes the professionalism and competence of all members by offering education, resources and an information exchange network.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$664,535$752,287▲ $87,752
Prepaid Expenses and Deferred Charges$10,651$0▼ $10,651
Inventories for Sale or Use$10,220$10,197▼ $23
Accounts Receivable-$4,621-
Land, Buildings, and Equipment, Net$1,119$222▼ $897
Total Assets$686,525$767,327▲ $80,802
Liabilities
Accounts Payable and Accrued Expenses$0$4,980▲ $4,980
Total Liabilities$0$4,980▲ $4,980
Net Assets / Fund Balance
Unrestricted Net Assets$686,525$762,347▲ $75,822
Total Net Assets Fund Balance$686,525$762,347▲ $75,822
Total Liabilities and Net Assets / Fund Balance$686,525$767,327▲ $80,802

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$222$17,692$17,914
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Thomas M OwensExecutive DirectorPT$94,597$94,597

Board Members and Trustees

NameTitle
Darren PetersImmediate Past President
Michael CosgrovePresident
Kenneth G EstesVice President
Arthur Darryl EbersbergerDirector
Jeffrey W CavignacDirector
Joseph Anderson BryantDirector
Kathy BlanchardDirector
Morgan WestDirector
Paula a DixonDirector
Mary LodwickSecretary
Jeffrey M HirstTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$404,625
Investment Income
$1,863
Other Revenue
$327
Change in Net Assets
$75,822
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$245,576
Salaries, Compensation, and Employee Benefits$85,417
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$99,268
Current Officers, Directors, Trustees, and Key Employees---$85,417
Fees for Services Other---$21,569
Advertising---$18,683
Insurance---$14,164
Information Technology---$7,500
Other Expenses---$6,593
Office Expenses---$4,855
Fees for Services Accounting---$3,500
Travel---$3,209
Occupancy---$2,590
All Other Expenses---$1,943
Depreciation Depletion---$897
Fees for Services Legal---$884
Total Functional Expenses$0$0$0$330,993
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The board of directors will periodically review the management fee paid to the executive director and determine by vote whether the fee is to be adjusted. The executive director is not a voting member of the board and is not present during this review.

Form 990, Part VI, Section A, Line 6

The organization is comprised of member agencies throughout the united states and canada.

Form 990, Part VI, Section A, Line 7A

The governing body (i.e. Board of directors) includes a slate of officers which are approved annually by a majority vote by the members.

Form 990, Part VI, Section A, Line 7B

The governing body periodically votes on items which also require a majority vote by the entire membership for approval.

Form 990, Part VI, Section B, Line 11

The annual form 990 for the organization is reviewed by its executive director prior to filing.

Form 990, Part VI, Section B, Line 15

The board of directors will periodically review the management fee paid to the executive director and determine by vote whether the fee is to be adjusted. The executive director is not a voting member of the board and is not present during this review.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Professional Liability Agents Network Inc
EIN
06-1239073
Phone
8313723706
Address
PO BOX 1632, MONTEREY, CA 93940

Signing Officer

Name
Thomas Owens
Title
Authorized Agent
Phone
8313723706
Signed
2015-09-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Owens
Formed
1988
Legal Domicile
Ct
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
350 CHURCH STREET 12TH FLOOR, HARTFORD, CT 06103
Preparer
Paul Ballasy
Phone
9592007000
Raw XML Appendix359 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4IMMEDIATE PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXECUTIVE DIRECTOR
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IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0222
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017692
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt017914
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0222
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS WILL PERIODICALLY REVIEW THE MANAGEMENT FEE PAID TO THE EXECUTIVE DIRECTOR AND DETERMINE BY VOTE WHETHER THE FEE IS TO BE ADJUSTED. THE EXECUTIVE DIRECTOR IS NOT A VOTING MEMBER OF THE BOARD AND IS NOT PRESENT DURING THIS REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS COMPRISED OF MEMBER AGENCIES THROUGHOUT THE UNITED STATES AND CANADA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING BODY (I.E. BOARD OF DIRECTORS) INCLUDES A SLATE OF OFFICERS WHICH ARE APPROVED ANNUALLY BY A MAJORITY VOTE BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING BODY PERIODICALLY VOTES ON ITEMS WHICH ALSO REQUIRE A MAJORITY VOTE BY THE ENTIRE MEMBERSHIP FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ANNUAL FORM 990 FOR THE ORGANIZATION IS REVIEWED BY ITS EXECUTIVE DIRECTOR PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS WILL PERIODICALLY REVIEW THE MANAGEMENT FEE PAID TO THE EXECUTIVE DIRECTOR AND DETERMINE BY VOTE WHETHER THE FEE IS TO BE ADJUSTED. THE EXECUTIVE DIRECTOR IS NOT A VOTING MEMBER OF THE BOARD AND IS NOT PRESENT DURING THIS REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd01
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0686525
IRS990/TotalAssetsEOYAmt0767327
IRS990/TotalAssetsGrp/BOYAmt0686525
IRS990/TotalAssetsGrp/EOYAmt0767327
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0330993
IRS990/TotalGrossUBIAmt0250000
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt04980
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt04980
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0686525
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0762347
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0404625
IRS990/TotalReportableCompFromOrgAmt094597
IRS990/TotalRevenueGrp/ExclusionAmt01863
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0154952
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0406815
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0250000
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0686525
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0767327
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt03209
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0686525
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0762347
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1632
IRS990/USAddress/CityNm0MONTEREY
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd093940
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.PLAN.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS OWENS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0AUTHORIZED AGENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08313723706
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-09-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PROFESSIONAL LIABILITY AGENTS NETWORK INC
ReturnHeader/Filer/BusinessNameControlTxt0PROF
ReturnHeader/Filer/EIN0061239073
ReturnHeader/Filer/PhoneNum08313723706
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1632
ReturnHeader/Filer/USAddress/CityNm0MONTEREY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd093940
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0221478099
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COHNREZNICK LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0350 CHURCH STREET 12TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HARTFORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006103
ReturnHeader/PreparerPersonGrp/PhoneNum09592007000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAUL BALLASY
ReturnHeader/ReturnTs02015-10-01T09:42:20-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-04-01
ReturnHeader/TaxPeriodEndDt02015-03-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.34$0.11$1.23$0.30$0.30$0.00
2024Detailed filing. Detailed filing data is available for this year.$1.30$0.08$1.22$0.28$0.22$0.06
2023Detailed filing. Detailed filing data is available for this year.$1.24$0.09$1.16$0.25$0.25$0.00
2022Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.24$0.08$1.16$0.42$0.32$0.10
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.19$0.08$1.11$0.38$0.22$0.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.04$0.09$0.95$0.45$0.40$0.05
2019Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.24$0.34$0.90$0.47$0.39$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.91$0.08$0.83$0.43$0.37$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.84$0.08$0.76$0.35$0.41$0.06
2016Detailed filing. Detailed filing data is available for this year.$1.12$0.30$0.82$0.40$0.35$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.76$0.41$0.33$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$0.36$0.44$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.25$0.77$0.36$0.43$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.01$0.84$0.36
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.84$0.00$0.84$0.40
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$1.02$0.39$0.38$0.01
Peer Organizations

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