Civic Intelligence

Perlite Institute Inc

990 • Fiscal year 2016 • EIN 13-1914131

Jan 01, 2016 to Dec 31, 2016 • Filed on Jun 13, 2017

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

44th percentile

0.05x

Higher debt load relative to assets than 44% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

61st percentile

0.13x

Higher debt load relative to revenue than 61% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Net Margin

87th percentile

20%

Higher net margin than 87% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

38th percentile

$0

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Asset Growth

54th percentile

5.2%

Faster asset growth than 54% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

7th percentile

-21%

Faster revenue growth than 7% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$602,751

Up $29,937 (+5.2%) from 2015

Net Assets

Up

$573,296

Up $59,041 (+11%) from 2015

Liabilities

Down

$29,455

Down $29,104 (-50%) from 2015

Revenue

Down

$218,471

Down $58,762 (-21%) from 2015

Expenses

Down

$173,823

Down $62,267 (-26%) from 2015

Net Income

Up

$44,648

Up $3,505 (+8.5%) from 2015

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

2016

Assets$602,751
Liabilities$29,455
Net Assets$573,296

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

2016

Revenue$218,471
Expenses$173,823
Net Income$44,648
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jun 13, 2017
Return Version
2016v3.0
Gross Receipts
$479,671
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$418,391$441,178▲ $22,787
Savings and Temporary Cash Investments$150,023$161,573▲ $11,550
Accounts Receivable$4,400--
Total Assets$572,814$602,751▲ $29,937
Liabilities
Deferred Revenue$58,448$29,300▼ $29,148
Accounts Payable and Accrued Expenses$111$155▲ $44
Total Liabilities$58,559$29,455▼ $29,104
Net Assets / Fund Balance
Unrestricted Net Assets$514,255$573,296▲ $59,041
Total Net Assets Fund Balance$514,255$573,296▲ $59,041
Total Liabilities and Net Assets / Fund Balance$572,814$602,751▲ $29,937
Compensation and Service Providers

Board Members and Trustees

NameTitle
Linda ChiricoPresident
Matthew MalaghanVice President
Anita MulqueenyDirector
Brad HessDirector
Kathryn LouisDirector
Michael DunlaveyDirector
Richard BarabeDirector
Rick WillisDirector
Sebastien CaspardDirector
Calabrese ManagementManagement Company
Keith HoopleTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$123,070
Program Service Revenue
$86,394
Investment Income
$9,007
Other Revenue
$0
Change in Net Assets
$44,648
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$173,823
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---$66,570
Conferences and Meetings---$46,866
Fees for Services Other---$32,668
Travel---$11,090
Information Technology---$4,520
Other Expenses$4,184--$4,184
Occupancy---$1,807
Fees for Services Accounting---$993
Insurance---$717
Office Expenses---$357
Total Functional Expenses$0$0$0$173,823
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 distributed to the board and kept on file electronically.

Committee meeting documentation Part VI line 8B

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

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 annually.

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 available upon request to the general 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
2017-06-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Keith Hoople
Formed
1949
Legal Domicile
Pa
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
20

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 lehman-bobb / edit newsletters / $1480prestige color / design newsletters / $2345carol kimmel / edit newsletter / $608rivet point group / updates to overview of perlite concrete / $1364chuck vogelsong / technical spokesperson / $10700kenneith weiner / education and research / $16171

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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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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 DISTRIBUTED TO THE BOARD AND KEPT ON FILE ELECTRONICALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MINUTES ARE TAKEN AT ALL COMMITTEE MEETINGS, ARE DISTRIBUTED TO THE BOARD AND STORED ELECTRONICALLY.
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 ANNUALLY.
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 AVAILABLE UPON REQUEST TO THE GENERAL PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10UNREALIZED LOSS IN MARKET VALUE OF INVESTMENTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11AMY LEHMAN-BOBB / EDIT NEWSLETTERS / $1480PRESTIGE COLOR / DESIGN NEWSLETTERS / $2345CAROL KIMMEL / EDIT NEWSLETTER / $608RIVET POINT GROUP / UPDATES TO OVERVIEW OF PERLITE CONCRETE / $1364CHUCK VOGELSONG / TECHNICAL SPOKESPERSON / $10700KENNEITH WEINER / EDUCATION AND RESEARCH / $16171
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
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0572814
IRS990/TotalAssetsEOYAmt0602751
IRS990/TotalAssetsGrp/BOYAmt0572814
IRS990/TotalAssetsGrp/EOYAmt0602751
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0123070
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0173823
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt058559
IRS990/TotalLiabilitiesEOYAmt029455
IRS990/TotalLiabilitiesGrp/BOYAmt058559
IRS990/TotalLiabilitiesGrp/EOYAmt029455
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0514255
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0573296
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt086394
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt098237
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-2836
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0218471
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0572814
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0602751
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt011090
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0514255
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0573296
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.PERLITE.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DENISE CALABRESE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIREC
ReturnHeader/BusinessOfficerGrp/PhoneNum07172389723
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-06-13
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/FilingSecurityInformation/AtSubmissionCreationDeviceId00AA142BBACE68C8C151EB733F4C78B8ACE00BE56
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId00AA142BBACE68C8C151EB733F4C78B8ACE00BE56
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId02377132017165kfbfbda
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02017-06-14
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.241.169.162
ReturnHeader/FilingSecurityInformation/IPDt02017-06-14
ReturnHeader/FilingSecurityInformation/IPTm013:14:41
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/PreparationDt02017-06-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LISA ACRI CPA
ReturnHeader/ReturnTs02017-06-14T13:09:57-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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
2016Detailed filing. Detailed filing data is available for this year.$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