Civic Intelligence

Sugar Industry Technologists Inc

990 • Fiscal year 2018 • EIN 13-5541680

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 13, 2018

4032 Captiva RowMyrtle Beach, SC 29579

(863) 983-3637

Siviq Scores

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

Liabilities / Assets

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Net Margin

68th percentile

9.9%

Higher net margin than 68% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Top Officer Pay

86th percentile

$52,164

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 25.5% of source-year revenue.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Asset Growth

50th percentile

1.8%

Faster asset growth than 50% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

72nd percentile

12%

Faster revenue growth than 72% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$372,965

Up $6,551 (+1.8%) from 2017

Net Assets

Up

$372,965

Up $7,647 (+2.1%) from 2017

Liabilities

Down

$0

Down $1,095 (-100%) from 2017

Revenue

Up

$204,908

Up $22,049 (+12%) from 2017

Expenses

Up

$184,622

Up $40,935 (+28%) from 2017

Net Income

Down

$20,286

Down $18,886 (-48%) from 2017

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

2018

Assets$372,965
Liabilities$0
Net Assets$372,965

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

2018

Revenue$204,908
Expenses$184,622
Net Income$20,286
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 13, 2018
Return Version
2017v2.3
Gross Receipts
$204,908
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$218,832$206,192▼ $12,640
Cash and Non-Interest-Bearing Accounts$131,013$136,299▲ $5,286
Savings and Temporary Cash Investments$8,269$14,539▲ $6,270
Inventories for Sale or Use$6,697$4,335▼ $2,362
Land, Buildings, and Equipment, Net$1,104$777▼ $327
Total Assets$366,414$372,965▲ $6,551
Other Assets Total$499$10,823▲ $10,324
Liabilities
Deferred Revenue$1,095--
Total Liabilities$1,095$0▼ $1,095
Net Assets / Fund Balance
Unrestricted Net Assets$365,319$372,965▲ $7,646
Total Net Assets Fund Balance$365,319$372,965▲ $7,646
Total Liabilities and Net Assets / Fund Balance$366,414$372,965▲ $6,551

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$777$3,251$4,028
Compensation and Service Providers

Employees

NameTitleBaseTotal
Edgar AguirreExecutive Di$52,164$52,164

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$67,428
Program Service Revenue
$129,565
Investment Income
$6,269
Other Revenue
$1,646
Change in Net Assets
$20,286
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$184,622
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$98,392--$98,392
Fees for Services Management-$44,226-$44,226
Travel$5,830$8,544-$14,374
Office Expenses-$12,107-$12,107
Occupancy-$7,938-$7,938
Fees for Services Accounting-$6,900-$6,900
Insurance-$357-$357
Other Expenses-$328-$328
Total Functional Expenses$104,222$80,400$0$184,622
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
4032 CAPTIVA ROW, MYRTLE BEACH, SC 29579

Signing Officer

Name
Edgar Aguirre
Title
Executive Director
Phone
8639833637
Signed
2018-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Edgar Aguirre
Formed
1965
Legal Domicile
Fl
Voting Board Members
26
Independent Board Members
26
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/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
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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/NetAssetsOrFundBalancesBOYAmt0365319
IRS990/NetAssetsOrFundBalancesEOYAmt0372965
IRS990/NetUnrlzdGainsLossesInvstAmt0-12640
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt07938
IRS990/OccupancyGrp/TotalAmt07938
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt012107
IRS990/OfficeExpensesGrp/TotalAmt012107
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0499
IRS990/OtherAssetsTotalGrp/EOYAmt010823
IRS990/OtherExpensesGrp/Desc0DEPRECIATION EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0328
IRS990/OtherExpensesGrp/TotalAmt0328
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01646
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01646
IRS990/OtherRevenueTotalAmt01646
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0EDGAR AGUIRRE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0ANNUAL MEETING
IRS990/ProgramServiceRevenueGrp/Desc1SPONSORSHIP
IRS990/ProgramServiceRevenueGrp/Desc2EXHIBITOR FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0105333
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt116000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt28232
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0105333
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt116000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt28232
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt073270
IRS990/PYInvestmentIncomeAmt06202
IRS990/PYOtherExpensesAmt0143687
IRS990/PYOtherRevenueAmt0536
IRS990/PYProgramServiceRevenueAmt0102851
IRS990/PYRevenuesLessExpensesAmt039172
IRS990/PYTotalExpensesAmt0143687
IRS990/PYTotalRevenueAmt0182859
IRS990/ReconcilationRevenueExpnssAmt020286
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0129565
IRS990/SavingsAndTempCashInvstGrp/BOYAmt08269
IRS990/SavingsAndTempCashInvstGrp/EOYAmt014539
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0777
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03251
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04028
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0777
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/TotalAssetsBOYAmt0366414
IRS990/TotalAssetsEOYAmt0372965
IRS990/TotalAssetsGrp/BOYAmt0366414
IRS990/TotalAssetsGrp/EOYAmt0372965
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt067428
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt080400
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0104222
IRS990/TotalFunctionalExpensesGrp/TotalAmt0184622
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01095
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt01095
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0365319
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0372965
IRS990/TotalProgramServiceExpensesAmt0104222
IRS990/TotalProgramServiceRevenueAmt0129565
IRS990/TotalReportableCompFromOrgAmt052164
IRS990/TotalRevenueGrp/ExclusionAmt06269
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0131211
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0204908
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0366414
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0372965
IRS990/TravelGrp/ManagementAndGeneralAmt08544
IRS990/TravelGrp/ProgramServicesAmt05830
IRS990/TravelGrp/TotalAmt014374
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0365319
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0372965
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04032 CAPTIVA ROW
IRS990/USAddress/CityNm0MYRTLE BEACH
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029579
IRS990/VotingMembersGoverningBodyCnt026
IRS990/VotingMembersIndependentCnt026
IRS990/WebsiteAddressTxt0WWW.SUCROSE.COM/SIT
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0EDGAR AGUIRRE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08639833637
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-13

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