Civic Intelligence

Perlite Institute Inc

990 • Fiscal year 2014 • EIN 13-1914131

Jan 01, 2014 to Dec 31, 2014 • Filed on May 26, 2015

2207 Forest Hills DrHarrisburg, PA 17112

(717) 238-9723

Siviq Scores

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

Liabilities / Assets

57th percentile

0.15x

Higher debt load relative to assets than 57% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

87th percentile

0.48x

Higher debt load relative to revenue than 87% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Net Margin

49th percentile

3.2%

Higher net margin than 49% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

49th percentile

$63,362

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 34.8% of source-year revenue.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Asset Growth

47th percentile

2.8%

Faster asset growth than 47% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

64th percentile

8.5%

Faster revenue growth than 64% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Up

$595,110

Up $15,955 (+2.8%) from 2013

Net Assets

Up

$508,527

Up $3,143 (+0.6%) from 2013

Liabilities

Up

$86,583

Up $12,812 (+17%) from 2013

Revenue

Up

$181,930

Up $14,183 (+8.5%) from 2013

Expenses

Down

$176,020

Down $2,457 (-1.4%) from 2013

Net Income

Up

$5,910

Up $16,640 (+155%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $525,308Liabilities 2010: $58,510Net Assets 2010: $466,7982010Assets 2011: $523,476Liabilities 2011: $56,429Net Assets 2011: $467,0472011Assets 2012: $570,876Liabilities 2012: $76,531Net Assets 2012: $494,3452012Assets 2013: $579,155Liabilities 2013: $73,771Net Assets 2013: $505,3842013Assets 2014: $595,110Liabilities 2014: $86,583Net Assets 2014: $508,5272014Assets 2015: $572,814Liabilities 2015: $58,559Net Assets 2015: $514,2552015Assets 2016: $602,751Liabilities 2016: $29,455Net Assets 2016: $573,2962016Assets 2017: $723,433Liabilities 2017: $70,122Net Assets 2017: $653,3112017Assets 2018: $679,991Liabilities 2018: $39,087Net Assets 2018: $640,9042018Assets 2019: $823,767Liabilities 2019: $96,136Net Assets 2019: $727,6312019Assets 2020: $776,471Liabilities 2020: $37,960Net Assets 2020: $738,5112020Assets 2021: $789,599Liabilities 2021: $56,551Net Assets 2021: $733,0482021Assets 2022: $716,422Liabilities 2022: $88,351Net Assets 2022: $628,0712022Assets 2023: $725,239Liabilities 2023: $53,442Net Assets 2023: $671,7972023Assets 2024: $747,928Liabilities 2024: $82,119Net Assets 2024: $665,8092024

Highlighted filing

2014

Assets$595,110
Liabilities$86,583
Net Assets$508,527

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2010: $133,7662010Expenses 2011: $141,0232011Expenses 2012: $156,0622012Revenue 2013: $167,747Expenses 2013: $178,477Net Income 2013: -$10,7302013Revenue 2014: $181,930Expenses 2014: $176,020Net Income 2014: $5,9102014Revenue 2015: $277,233Expenses 2015: $236,090Net Income 2015: $41,1432015Revenue 2016: $218,471Expenses 2016: $173,823Net Income 2016: $44,6482016Revenue 2017: $228,687Expenses 2017: $180,663Net Income 2017: $48,0242017Revenue 2018: $248,342Expenses 2018: $217,045Net Income 2018: $31,2972018Revenue 2019: $227,248Expenses 2019: $187,703Net Income 2019: $39,5452019Revenue 2020: $127,374Expenses 2020: $157,822Net Income 2020: -$30,4482020Revenue 2021: $161,806Expenses 2021: $173,779Net Income 2021: -$11,9732021Revenue 2022: $226,657Expenses 2022: $225,431Net Income 2022: $1,2262022Revenue 2023: $276,585Expenses 2023: $257,807Net Income 2023: $18,7782023Revenue 2024: $195,618Expenses 2024: $241,331Net Income 2024: -$45,7132024

Highlighted filing

2014

Revenue$181,930
Expenses$176,020
Net Income$5,910
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 26, 2015
Return Version
2014v5.0
Gross Receipts
$181,930
Mission and Program Overview

Mission

Further the success and growth of the perlite industry worldwide by providing its members networking opportunities, education and research, foster customer-driven marketing, promotion and product development; and increase the publics awareness and knowledge of perlite.

Further the success and growth of the perlite industry worldwide by providing its members networking opportunities, education and research, foster customer -driven marketing, promotion and product development; and increase the public's awareness and knowledge of perlite.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$422,346$434,325▲ $11,979
Savings and Temporary Cash Investments$156,809$160,785▲ $3,976
Total Assets$579,155$595,110▲ $15,955
Liabilities
Deferred Revenue$72,213$81,880▲ $9,667
Accounts Payable and Accrued Expenses$1,558$4,703▲ $3,145
Total Liabilities$73,771$86,583▲ $12,812
Net Assets / Fund Balance
Unrestricted Net Assets$505,384$508,527▲ $3,143
Total Net Assets Fund Balance$505,384$508,527▲ $3,143
Total Liabilities and Net Assets / Fund Balance$579,155$595,110▲ $15,955
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Calabrese ManagementManagement CompanyPT$63,362$63,362

Board Members and Trustees

NameTitle
Kathryn LouisPast President
Linda ChiricoPresident
Matt GoeckerVice President
Jerry MishlerDirector
Matthew MalaghanDirector
Mike HessDirector
Rene Van Der MarkDirector
Richard BarabeDirector
Rick WillisDirector
Sebastien CaspardDirector
Keith HoopleTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$94,328
Program Service Revenue
$72,559
Investment Income
$15,043
Other Revenue
$0
Change in Net Assets
$5,910
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$176,020
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management---$63,362
Conferences and Meetings---$57,145
Fees for Services Other---$31,832
Information Technology---$12,145
Travel---$2,532
Occupancy---$1,389
Fees for Services Accounting---$1,065
Other Expenses$387--$387
Office Expenses---$360
Fees for Services Legal---$200
Total Functional Expenses$0$0$0$176,020
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
No
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
Yes
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

Management duties delegation Part VI line 3

Calabrese management is hired to perform all administrative duties. The contract for management is reviewed when the contract is up for renewal.

Members or stockholder classes and rights Part VI line 6

There are four types of membership. Within two of the types there are two levels. Expanding members are members who expand ore. Ore producer members have three different categories based on tons produced. The third level is furnace producer. And the fourth level is associate members, who are vendors outside of the industry who want to sell to the industry. All but associate members have same voting rights.

Member election for additional members Part VI line 7A

Membership votes on the election of board members at the annual meeting.

Governing body decisions Part VI line 7B

By law changes and the board slate are voted on by members, all other decisions are by the board.

Governing body meeting documentation Part VI line 8A

Minutes for all board meetings are kept on file in the office and distributed to the board.

Committee meeting documentation Part VI line 8B

Minutes are taken at all committee meetings, are distributed to the board and stored in the office.

Form 990 governing body review Part VI line 11

The tax form 990 is sent to the treasurer for approval before filing.

Conflict of interest policy compliance Part VI line 12C

A conflict of interest policy is approved in the policy manual. Conflict of interest and disclosure statement are signed by each board member and kept on file.

CEO executive director top management comp Part VI line 15A

The board of directors performs a yearly evaluation of management. Compensation is set yearly.

Governing documents etc available to public Part VI line 19

The tax form 990 is available to the public. Governing documents, conflict of interest policies and financial statements are not available to the public.

Filing and Contact Details

Filer

Filer Name
Perlite Institute Inc
EIN
13-1914131
Address
2207 FOREST HILLS DR, HARRISBURG, PA 17112

Signing Officer

Name
Denise Calabrese
Title
Executive Direc
Phone
7172389723
Signed
2015-05-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Keith Hoople
Formed
1949
Legal Domicile
Pa
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
25

Preparer

Firm
Lisa Acri CPA and Associates Inc
Address
29 SOUTH UNION ST, MIDDLETOWN, PA 17057
Preparer
Lisa Acri CPA
Phone
7179442000
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Unrealized loss in market value of investments

List of other fees for services expenses Part IX line 11G

Amy bobb / editing newsletter $2240prestige color inc / design newsletter $2643river point group inc / product guides / 1389chuck vogelsong / technical spokesperson / $10200kenneth wiener / technical spokesperson / $15360

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IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0156809
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0160785
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CALABRESE MANAGEMENT IS HIRED TO PERFORM ALL ADMINISTRATIVE DUTIES. THE CONTRACT FOR MANAGEMENT IS REVIEWED WHEN THE CONTRACT IS UP FOR RENEWAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE FOUR TYPES OF MEMBERSHIP. WITHIN TWO OF THE TYPES THERE ARE TWO LEVELS. EXPANDING MEMBERS ARE MEMBERS WHO EXPAND ORE. ORE PRODUCER MEMBERS HAVE THREE DIFFERENT CATEGORIES BASED ON TONS PRODUCED. THE THIRD LEVEL IS FURNACE PRODUCER. AND THE FOURTH LEVEL IS ASSOCIATE MEMBERS, WHO ARE VENDORS OUTSIDE OF THE INDUSTRY WHO WANT TO SELL TO THE INDUSTRY. ALL BUT ASSOCIATE MEMBERS HAVE SAME VOTING RIGHTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERSHIP VOTES ON THE ELECTION OF BOARD MEMBERS AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BY LAW CHANGES AND THE BOARD SLATE ARE VOTED ON BY MEMBERS, ALL OTHER DECISIONS ARE BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MINUTES FOR ALL BOARD MEETINGS ARE KEPT ON FILE IN THE OFFICE AND DISTRIBUTED TO THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MINUTES ARE TAKEN AT ALL COMMITTEE MEETINGS, ARE DISTRIBUTED TO THE BOARD AND STORED IN THE OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE TAX FORM 990 IS SENT TO THE TREASURER FOR APPROVAL BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7A CONFLICT OF INTEREST POLICY IS APPROVED IN THE POLICY MANUAL. CONFLICT OF INTEREST AND DISCLOSURE STATEMENT ARE SIGNED BY EACH BOARD MEMBER AND KEPT ON FILE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE BOARD OF DIRECTORS PERFORMS A YEARLY EVALUATION OF MANAGEMENT. COMPENSATION IS SET YEARLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9THE TAX FORM 990 IS AVAILABLE TO THE PUBLIC. GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10UNREALIZED LOSS IN MARKET VALUE OF INVESTMENTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11AMY BOBB / EDITING NEWSLETTER $2240PRESTIGE COLOR INC / DESIGN NEWSLETTER $2643RIVER POINT GROUP INC / PRODUCT GUIDES / 1389CHUCK VOGELSONG / TECHNICAL SPOKESPERSON / $10200KENNETH WIENER / TECHNICAL SPOKESPERSON / $15360
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Management duties delegation Part VI line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing body meeting documentation Part VI line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Committee meeting documentation Part VI line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11List of other fees for services expenses Part IX line 11g
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0579155
IRS990/TotalAssetsEOYAmt0595110
IRS990/TotalAssetsGrp/BOYAmt0579155
IRS990/TotalAssetsGrp/EOYAmt0595110
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt094328
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0176020
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt073771
IRS990/TotalLiabilitiesEOYAmt086583
IRS990/TotalLiabilitiesGrp/BOYAmt073771
IRS990/TotalLiabilitiesGrp/EOYAmt086583
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0505384
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0508527
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt072559
IRS990/TotalReportableCompFromOrgAmt063362
IRS990/TotalRevenueGrp/ExclusionAmt087602
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0181930
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0579155
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0595110
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt02532
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0505384
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0508527
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.PERLITE.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DENISE CALABRESE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIREC
ReturnHeader/BusinessOfficerGrp/PhoneNum07172389723
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PERLITE INSTITUTE INC
ReturnHeader/Filer/BusinessNameControlTxt0PERL
ReturnHeader/Filer/EIN0131914131
ReturnHeader/Filer/USAddress/AddressLine1Txt02207 FOREST HILLS DR
ReturnHeader/Filer/USAddress/CityNm0HARRISBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd017112
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0261677336
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LISA ACRI CPA AND ASSOCIATES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt029 SOUTH UNION ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MIDDLETOWN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd017057
ReturnHeader/PreparerPersonGrp/PhoneNum07179442000
ReturnHeader/PreparerPersonGrp/PreparationDt02015-05-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LISA ACRI CPA
ReturnHeader/ReturnTs02015-05-27T15:19:16-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.48$0.82$6.66$1.96$2.41$0.46
2023Detailed filing. Detailed filing data is available for this year.$7.25$0.53$6.72$2.77$2.58$0.19
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.16$0.88$6.28$2.27$2.25$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.90$0.57$7.33$1.62$1.74$0.12
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.76$0.38$7.39$1.27$1.58$0.30
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.24$0.96$7.28$2.27$1.88$0.40
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.80$0.39$6.41$2.48$2.17$0.31
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.23$0.70$6.53$2.29$1.81$0.48
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.03$0.29$5.73$2.18$1.74$0.45
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.73$0.59$5.14$2.77$2.36$0.41
2014Detailed filing. Detailed filing data is available for this year.$5.95$0.87$5.09$1.82$1.76$0.06
2013Detailed filing. Detailed filing data is available for this year.$5.79$0.74$5.05$1.68$1.78$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.71$0.77$4.94$1.56
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.23$0.56$4.67$1.41
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.25$0.59$4.67$1.34