Civic Intelligence

Frost & Sullivan Institute

990 • Fiscal year 2020 • EIN 20-3391011

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

7550 Ih 10 West 400San Antonio, TX 78229

(210) 621-5907

Siviq Scores

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

Liabilities / Assets

60th percentile

0.27x

Higher debt load relative to assets than 60% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

91st percentile

3.03x

Higher debt load relative to revenue than 91% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

58th percentile

7.9%

Higher net margin than 58% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

74th percentile

$191,667

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 24.2% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

37th percentile

2.1%

Faster asset growth than 37% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

8th percentile

-48%

Faster revenue growth than 8% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Up

$8,918,747

Up $183,935 (+2.1%) from 2019

Net Assets

Up

$6,521,085

Up $62,355 (+1.0%) from 2019

Liabilities

Up

$2,397,662

Up $121,580 (+5.3%) from 2019

Revenue

Down

$791,406

Down $725,748 (-48%) from 2019

Expenses

Down

$729,051

Down $542,063 (-43%) from 2019

Net Income

Down

$62,355

Down $183,685 (-75%) from 2019

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2011: $608,280Liabilities 2011: $691,185Net Assets 2011: -$82,9062011Assets 2012: $960,719Liabilities 2012: $583,727Net Assets 2012: $376,9922012Assets 2013: $1,022,006Liabilities 2013: $540,319Net Assets 2013: $481,6872013Assets 2015: $61,911Liabilities 2015: $431,144Net Assets 2015: -$369,2332015Assets 2016: $64,575Liabilities 2016: $1,256,571Net Assets 2016: -$1,191,9962016Assets 2017: $2,902Liabilities 2017: $2,040,748Net Assets 2017: -$2,037,8462017Assets 2018: $8,129,723Liabilities 2018: $1,917,033Net Assets 2018: $6,212,6902018Assets 2019: $8,734,812Liabilities 2019: $2,276,082Net Assets 2019: $6,458,7302019Assets 2020: $8,918,747Liabilities 2020: $2,397,662Net Assets 2020: $6,521,0852020Assets 2021: $9,106,452Liabilities 2021: $2,634,764Net Assets 2021: $6,471,6882021Assets 2022: $9,318,351Liabilities 2022: $2,495,750Net Assets 2022: $6,822,6012022Assets 2023: $8,879,892Liabilities 2023: $2,156,919Net Assets 2023: $6,722,9732023Assets 2024: $8,786,952Liabilities 2024: $2,066,345Net Assets 2024: $6,720,6072024

Highlighted filing

2020

Assets$8,918,747
Liabilities$2,397,662
Net Assets$6,521,085

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2011: $2,182,069Expenses 2011: $2,109,809Net Income 2011: $72,2602011Revenue 2012: $2,517,626Expenses 2012: $2,057,728Net Income 2012: $459,8982012Revenue 2013: $2,275,842Expenses 2013: $2,171,147Net Income 2013: $104,6952013Revenue 2015: $1,791,325Expenses 2015: $2,208,465Net Income 2015: -$417,1402015Revenue 2016: $1,414,779Expenses 2016: $2,237,542Net Income 2016: -$822,7632016Revenue 2017: $1,345,895Expenses 2017: $2,191,745Net Income 2017: -$845,8502017Revenue 2018: $9,125,441Expenses 2018: $874,905Net Income 2018: $8,250,5362018Revenue 2019: $1,517,154Expenses 2019: $1,271,114Net Income 2019: $246,0402019Revenue 2020: $791,406Expenses 2020: $729,051Net Income 2020: $62,3552020Revenue 2021: $698,328Expenses 2021: $747,725Net Income 2021: -$49,3972021Revenue 2022: $1,146,153Expenses 2022: $795,240Net Income 2022: $350,9132022Revenue 2023: $932,048Expenses 2023: $1,027,690Net Income 2023: -$95,6422023Revenue 2024: $779,104Expenses 2024: $779,961Net Income 2024: -$8572024

Highlighted filing

2020

Revenue$791,406
Expenses$729,051
Net Income$62,355
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.0
Gross Receipts
$791,406
Mission and Program Overview

Mission

To be the global organization of choice for professionals engaged in competitive intelligence and related disciplines.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$7,665,772$7,665,772→ $0
Receivables From Officers Etc$869,132$905,278▲ $36,146
Cash and Non-Interest-Bearing Accounts$94,934$272,134▲ $177,200
Prepaid Expenses and Deferred Charges$72,495$71,424▼ $1,071
Accounts Receivable$29,750$2,500▼ $27,250
Land, Buildings, and Equipment, Net$2,729$1,638▼ $1,091
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$8,734,812$8,918,747▲ $183,935
Other Assets Total-$1-
Liabilities
Other Liabilities$1,935,601$2,227,893▲ $292,292
Deferred Revenue$325,540$145,673▼ $179,867
Accounts Payable and Accrued Expenses$14,941$24,096▲ $9,155
Total Liabilities$2,276,082$2,397,662▲ $121,580
Net Assets / Fund Balance
Net Assets With Donor Restrictions$7,665,772$7,665,772→ $0
Net Assets Without Donor Restrictions$-1,207,042$-1,144,687▲ $62,355
Total Net Assets Fund Balance$6,458,730$6,521,085▲ $62,355
Total Liabilities and Net Assets / Fund Balance$8,734,812$8,918,747▲ $183,935

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,638$21,891$23,529
Closely Held Equity Interests$7,665,772--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Cameron MackeyExecutive DirectorFT$191,667$191,667

Board Members and Trustees

NameTitle
David FrigstadDirector
Wyman BravardDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$192,494
Program Service Revenue
$562,766
Investment Income
$36,146
Other Revenue
$0
All Other Contributions
$11,925
Change in Net Assets
$62,355
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$420,262
Other Expenses$308,789
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$172,500$19,167-$191,667
Other Salaries and Wages$156,655--$156,655
Fees for Services Other$79,724$26,868-$106,592
Fees for Services Management$93,356--$93,356
Other Employee Benefits$40,164--$40,164
Payroll Taxes$29,869$1,907-$31,776
Fees for Services Legal-$8,987-$8,987
Occupancy$6,581--$6,581
All Other Expenses$5,315--$5,315
Other Expenses$4,197--$4,197
Advertising$1,739--$1,739
Travel$1,686--$1,686
Depreciation Depletion-$1,091-$1,091
Total Functional Expenses$671,031$58,020$0$729,051
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$869,132$905,278▲ $36,146
Receivables from Disqualified Persons-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Frost & Sullivan - Due To/due From$1,910,734
Sba Eidl Loan$149,900
Accrued Expenses$112,305
Ppp Loan$34,423
Accrued Vacation$20,531
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
No
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, Part VI, Line 11B: Form 990 Review Process

990 will be reviewed by the executive director

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Frost & Sullivan Institute
EIN
20-3391011
Phone
2106215907
Address
7550 IH 10 WEST 400, SAN ANTONIO, TX 78229

Signing Officer

Name
Wyman Bravard
Title
Director
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wyman Bravard
Formed
2005
Legal Domicile
De
Voting Board Members
2
Independent Board Members
2
Employees
4

Preparer

Firm
Brehm Havel & Company Llp
Address
7809 BROADWAY ST, SAN ANTONIO, TX 78209
Preparer
Roberta M Cowart
Phone
2108267000
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0180569
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0173390
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0179922
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0533881
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt036146
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0534904
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0571050
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0574691
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0808861
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0945519
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01345895
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01414779
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05089745
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt036146
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0534904
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0571050
IRS990ScheduleA/InvestmentIncomeCYPct00.09220
IRS990ScheduleA/InvestmentIncomePYPct00.07430
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.90780
IRS990ScheduleA/PublicSupportPY509Pct00.92570
IRS990ScheduleA/PublicSupportTotal509Amt05623626
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0755260
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0982251
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01125441
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01345895
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01414779
IRS990ScheduleA/Total509Grp/TotalAmt05623626
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0791406
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01517155
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01125441
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01345895
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01414779
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06194676
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/BookValueAmt07665772
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/MethodValuationCd0C
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01638
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt021891
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt023529
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0112305
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt120531
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21910734
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt334423
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4149900
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED EXPENSES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED VACATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2FROST & SULLIVAN - DUE TO/DUE FROM
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3PPP LOAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4SBA EIDL LOAN
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01638
IRS990ScheduleD/TotalBookValueSecuritiesAmt07665772
IRS990ScheduleD/TotalLiabilityAmt02227893
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0191667
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CAMERON MACKEY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Dir.
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0191667
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0905278
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0FRIGSTAD & BRAVARD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0STOCK SALE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0803253
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt0905278
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0990 WILL BE REVIEWED BY THE EXECUTIVE DIRECTOR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt08734812
IRS990/TotalAssetsEOYAmt08918747
IRS990/TotalAssetsGrp/BOYAmt08734812
IRS990/TotalAssetsGrp/EOYAmt08918747
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt0192494
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt058020
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0671031
IRS990/TotalFunctionalExpensesGrp/TotalAmt0729051
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02276082
IRS990/TotalLiabilitiesEOYAmt02397662
IRS990/TotalLiabilitiesGrp/BOYAmt02276082
IRS990/TotalLiabilitiesGrp/EOYAmt02397662
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06458730
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06521085
IRS990/TotalProgramServiceExpensesAmt0671031
IRS990/TotalProgramServiceRevenueAmt0562766
IRS990/TotalReportableCompFromOrgAmt0191667
IRS990/TotalRevenueGrp/ExclusionAmt036146
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0562766
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0791406
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt08734812
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08918747
IRS990/TravelGrp/ProgramServicesAmt01686
IRS990/TravelGrp/TotalAmt01686
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false

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