Civic Intelligence

Sugar Industry Technologists Inc

990 • Fiscal year 2015 • EIN 13-5541680

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 01, 2015

201 Cypress AvenueClewiston, FL 33440

(863) 983-3637

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.03x

Higher debt load relative to assets than 62% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

71st percentile

0.05x

Higher debt load relative to revenue than 71% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Net Margin

44th percentile

0.7%

Higher net margin than 44% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Top Officer Pay

85th percentile

$49,152

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 25.7% of source-year revenue.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Asset Growth

52nd percentile

3.5%

Faster asset growth than 52% of similar nonprofits.

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

Revenue Growth

69th percentile

10%

Faster revenue growth than 69% of similar nonprofits.

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

Assets

Up

$336,955

Up $11,328 (+3.5%) from 2014

Net Assets

Up

$327,307

Up $12,745 (+4.1%) from 2014

Liabilities

Down

$9,648

Down $1,417 (-13%) from 2014

Revenue

Up

$191,276

Up $17,900 (+10%) from 2014

Expenses

Up

$189,931

Up $35,371 (+23%) from 2014

Net Income

Down

$1,345

Down $17,471 (-93%) from 2014

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $358,027Liabilities 2011: $710Net Assets 2011: $357,3172011Assets 2012: $361,160Liabilities 2012: $3,843Net Assets 2012: $357,3172012Assets 2013: $303,774Liabilities 2013: $2,044Net Assets 2013: $301,7302013Assets 2014: $325,627Liabilities 2014: $11,065Net Assets 2014: $314,5622014Assets 2015: $336,955Liabilities 2015: $9,648Net Assets 2015: $327,3072015Assets 2016: $345,424Liabilities 2016: $610Net Assets 2016: $344,8142016Assets 2017: $366,414Liabilities 2017: $1,095Net Assets 2017: $365,3182017Assets 2018: $372,965Liabilities 2018: $0Net Assets 2018: $372,9652018Assets 2019: $378,694Liabilities 2019: $530Net Assets 2019: $378,1642019Assets 2020: $349,875Liabilities 2020: $1,060Net Assets 2020: $348,8152020Assets 2021: $353,079Liabilities 2021: $0Net Assets 2021: $353,0792021Assets 2022: $304,361Liabilities 2022: $15,481Net Assets 2022: $288,8802022Assets 2023: $262,566Liabilities 2023: $5,015Net Assets 2023: $257,5512023Assets 2024: $274,845Liabilities 2024: $2,055Net Assets 2024: $272,7902024

Highlighted filing

2015

Assets$336,955
Liabilities$9,648
Net Assets$327,307

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2011: $146,9292011Expenses 2012: $124,9962012Expenses 2013: $134,9292013Revenue 2014: $173,376Expenses 2014: $154,560Net Income 2014: $18,8162014Revenue 2015: $191,276Expenses 2015: $189,931Net Income 2015: $1,3452015Revenue 2016: $222,448Expenses 2016: $233,790Net Income 2016: -$11,3422016Revenue 2017: $182,859Expenses 2017: $143,687Net Income 2017: $39,1722017Revenue 2018: $204,908Expenses 2018: $184,622Net Income 2018: $20,2862018Revenue 2019: $142,952Expenses 2019: $149,811Net Income 2019: -$6,8592019Revenue 2020: $68,950Expenses 2020: $98,299Net Income 2020: -$29,3492020Revenue 2021: $68,084Expenses 2021: $63,820Net Income 2021: $4,2642021Revenue 2022: $132,563Expenses 2022: $176,216Net Income 2022: -$43,6532022Revenue 2023: $202,058Expenses 2023: $226,672Net Income 2023: -$24,6142023Revenue 2024: $178,742Expenses 2024: $166,649Net Income 2024: $12,0932024

Highlighted filing

2015

Revenue$191,276
Expenses$189,931
Net Income$1,345
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 1, 2015
Return Version
2014v5.0
Gross Receipts
$191,276
Mission and Program Overview

Mission

To educate the public and the sugar manufacturing industry about current technologies related to the refining of sugar.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$247,252$208,651▼ $38,601
Savings and Temporary Cash Investments$9,206$65,900▲ $56,694
Cash and Non-Interest-Bearing Accounts$53,317$48,188▼ $5,129
Inventories for Sale or Use$7,376$7,217▼ $159
Accounts Receivable$3,000$6,500▲ $3,500
Total Assets$325,627$336,955▲ $11,328
Other Assets Total$5,476$499▼ $4,977
Liabilities
Accounts Payable and Accrued Expenses$8,979$9,038▲ $59
Deferred Revenue$2,086$610▼ $1,476
Total Liabilities$11,065$9,648▼ $1,417
Net Assets / Fund Balance
Unrestricted Net Assets$314,562$327,307▲ $12,745
Total Net Assets Fund Balance$314,562$327,307▲ $12,745
Total Liabilities and Net Assets / Fund Balance$325,627$336,955▲ $11,328

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,394-$2,394
Compensation and Service Providers

Employees

NameTitleBaseTotal
Edgar AguirreExecutive Di$49,152$49,152
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$183,372
Investment Income
$6,523
Other Revenue
$1,381
Change in Net Assets
$1,345
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$189,931
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
Conferences and Meetings$83,070$298-$83,368
Fees for Services Management-$41,819-$41,819
Office Expenses$24,475$8,534-$33,009
Travel$12,110$10,725-$22,835
Occupancy-$7,333-$7,333
Fees for Services Accounting-$900-$900
Insurance$667--$667
Total Functional Expenses$120,322$69,609$0$189,931
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

Membership applications are reviewed and approved by executive committee. All classes of membership are entitled to attend the annual general meeting and special meetings of the corporation. Only refining corporate members have voting powers at members' meetings.

Form 990, Page 6, Part VI, Line 11B

The executive director reviews the form 990 before it is filed.

Form 990, Page 6, Part VI, Line 15A

The executive committee reviews and approves the compensation of the executive director annually based on various factors including comparability data.

Form 990, Page 6, Part VI, Line 19

Copies of the governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Sugar Industry Technologists Inc
EIN
13-5541680
Phone
8639833637
Address
201 CYPRESS AVENUE, CLEWISTON, FL 33440

Signing Officer

Name
Edgar Aguirre
Title
Executive Director
Phone
8639833637
Signed
2015-11-01
Discuss with paid preparer
Yes

Organization Details

Formed
1965
Legal Domicile
Fl
Voting Board Members
27
Independent Board Members
27
Employees
0

Preparer

Firm
Nowlen Holt & Miner Pa
Address
515 N FLAGLER DRIVE STE 1700, WEST PALM BEACH, FL 33401-4330
Preparer
Robert W Hendrix
Phone
5616593060
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IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06523
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0247252
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0208651
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02394
IRS990/LandBldgEquipCostOrOtherBssAmt02394
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO EDUCATE THE PUBLIC AND THE SUGAR MANUFACTURING INDUSTRY ABOUT CURRENT TECHNOLOGIES RELATED TO THE REFINING OF SUGAR.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0314562
IRS990/NetAssetsOrFundBalancesEOYAmt0327307
IRS990/NetUnrlzdGainsLossesInvstAmt011400
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt07333
IRS990/OccupancyGrp/TotalAmt07333
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08534
IRS990/OfficeExpensesGrp/ProgramServicesAmt024475
IRS990/OfficeExpensesGrp/TotalAmt033009
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05476
IRS990/OtherAssetsTotalGrp/EOYAmt0499
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01381
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01381
IRS990/OtherRevenueTotalAmt01381
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0ANNUAL MEETING
IRS990/ProgramServiceRevenueGrp/Desc1CORPORATE DUES
IRS990/ProgramServiceRevenueGrp/Desc2ASSOCIATE DUES
IRS990/ProgramServiceRevenueGrp/Desc3REGISTRATION FEES
IRS990/ProgramServiceRevenueGrp/Desc4AFFILIATE DUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt094037
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt162245
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt216149
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt39699
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt41242
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt094037
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt162245
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt216149
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt39699
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt41242
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt08326
IRS990/PYOtherExpensesAmt0154560
IRS990/PYOtherRevenueAmt0764
IRS990/PYProgramServiceRevenueAmt0164286
IRS990/PYRevenuesLessExpensesAmt018816
IRS990/PYTotalExpensesAmt0154560
IRS990/PYTotalRevenueAmt0173376
IRS990/ReconcilationRevenueExpnssAmt01345
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0103736
IRS990/SavingsAndTempCashInvstGrp/BOYAmt09206
IRS990/SavingsAndTempCashInvstGrp/EOYAmt065900
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt02394
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02394
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02394
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERSHIP APPLICATIONS ARE REVIEWED AND APPROVED BY EXECUTIVE COMMITTEE. ALL CLASSES OF MEMBERSHIP ARE ENTITLED TO ATTEND THE ANNUAL GENERAL MEETING AND SPECIAL MEETINGS OF THE CORPORATION. ONLY REFINING CORPORATE MEMBERS HAVE VOTING POWERS AT MEMBERS' MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE DIRECTOR REVIEWS THE FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES THE COMPENSATION OF THE EXECUTIVE DIRECTOR ANNUALLY BASED ON VARIOUS FACTORS INCLUDING COMPARABILITY DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COPIES OF THE GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0325627
IRS990/TotalAssetsEOYAmt0336955
IRS990/TotalAssetsGrp/BOYAmt0325627
IRS990/TotalAssetsGrp/EOYAmt0336955
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt069609
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0120322
IRS990/TotalFunctionalExpensesGrp/TotalAmt0189931
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011065
IRS990/TotalLiabilitiesEOYAmt09648
IRS990/TotalLiabilitiesGrp/BOYAmt011065
IRS990/TotalLiabilitiesGrp/EOYAmt09648
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0314562
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0327307
IRS990/TotalProgramServiceExpensesAmt0120322
IRS990/TotalProgramServiceRevenueAmt0183372
IRS990/TotalReportableCompFromOrgAmt049152
IRS990/TotalRevenueGrp/ExclusionAmt06523
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0184753
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0191276
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0325627
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0336955
IRS990/TravelGrp/ManagementAndGeneralAmt010725
IRS990/TravelGrp/ProgramServicesAmt012110
IRS990/TravelGrp/TotalAmt022835
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0314562
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0327307
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt027
IRS990/VotingMembersIndependentCnt027
IRS990/WebsiteAddressTxt0WWW.SUCROSE.COM/SIT
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-04-25 22:37:26Z

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.$2.75$0.02$2.73$1.79$1.67$0.12
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.63$0.05$2.58$2.02$2.27$0.25
2022Detailed filing. Detailed filing data is available for this year.$3.04$0.15$2.89$1.33$1.76$0.44
2021Detailed filing. Detailed filing data is available for this year.$3.53$0.00$3.53$0.68$0.64$0.04
2020Detailed filing. Detailed filing data is available for this year.$3.50$0.01$3.49$0.69$0.98$0.29
2019Detailed filing. Detailed filing data is available for this year.$3.79$0.01$3.78$1.43$1.50$0.07
2018Detailed filing. Detailed filing data is available for this year.$3.73$0.00$3.73$2.05$1.85$0.20
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.66$0.01$3.65$1.83$1.44$0.39
2016Detailed filing. Detailed filing data is available for this year.$3.45$0.01$3.45$2.22$2.34$0.11
2015Detailed filing. Detailed filing data is available for this year.$3.37$0.10$3.27$1.91$1.90$0.01
2014Detailed filing. Detailed filing data is available for this year.$3.26$0.11$3.15$1.73$1.55$0.19
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.04$0.02$3.02$1.35
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.61$0.04$3.57$1.25
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.58$0.01$3.57$1.47