Civic Intelligence

Political and Economic Research Council

990 • Fiscal year 2020 • EIN 20-5179792

Jul 01, 2019 to Jun 30, 2020 • Filed on Jun 09, 2021

Organization ProfilePERC.NET

View Organization Page

6409 Fayetteville Rd Ste 120 No 2Durham, NC 27701

(919) 338-2798

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.02x

Higher debt load relative to assets than 52% of similar nonprofits.

2020 filings • NTEE Q • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

51st percentile

0.01x

Higher debt load relative to revenue than 51% of similar nonprofits.

2020 filings • NTEE Q • $500k-$1M nonprofits • Source year 2020

Net Margin

71st percentile

22%

Higher net margin than 71% of similar nonprofits.

2020 filings • NTEE Q • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

82nd percentile

$82,500

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 14.8% of source-year revenue.

2020 filings • NTEE Q • $500k-$1M nonprofits • Source year 2020

Asset Growth

75th percentile

58%

Faster asset growth than 75% of similar nonprofits.

2020 filings • NTEE Q • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

34th percentile

-12%

Faster revenue growth than 34% of similar nonprofits.

2020 filings • NTEE Q • $500k-$1M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets52nd percentile

Assets

Up

$319,827

Up $117,756 (+58%) from 2019

Net Assets

Up

$314,097

Up $124,976 (+66%) from 2019

Liabilities

Down

$5,730

Down $7,220 (-56%) from 2019

Revenue And Expenses
Liabilities / Revenue51st percentileNet Margin71st percentile

Revenue

Down

$557,298

Down $73,984 (-12%) from 2019

Expenses

Down

$432,322

Down $180,706 (-29%) from 2019

Net Income

Up

$124,976

Up $106,722 (+585%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth75th percentile

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

$400K$300K$200K$100K$0Assets 2011: $46,386Liabilities 2011: $11,500Net Assets 2011: $34,8862011Assets 2012: $291,972Liabilities 2012: $33,397Net Assets 2012: $258,5752012Assets 2013: $192,386Liabilities 2013: $37,853Net Assets 2013: $154,5332013Assets 2014: $88,934Liabilities 2014: $20,059Net Assets 2014: $68,8752014Assets 2015: $96,282Liabilities 2015: $0Net Assets 2015: $96,2822015Assets 2016: $103,497Liabilities 2016: $4,311Net Assets 2016: $99,1862016Assets 2017: $196,487Liabilities 2017: $18,612Net Assets 2017: $177,8752017Assets 2018: $189,780Liabilities 2018: $18,913Net Assets 2018: $170,8672018Assets 2019: $202,071Liabilities 2019: $12,950Net Assets 2019: $189,1212019Assets 2020: $319,827Liabilities 2020: $5,730Net Assets 2020: $314,0972020Assets 2021: $102,140Liabilities 2021: $15,903Net Assets 2021: $86,2372021Assets 2023: $59,984Liabilities 2023: $4,796Net Assets 2023: $55,1882023

Highlighted filing

2020

Assets$319,827
Liabilities$5,730
Net Assets$314,097
Open 2020 Filing

Operations Trend

Revenue Growth34th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,018,775Expenses 2011: $1,163,272Net Income 2011: -$144,4972011Expenses 2012: $1,340,9362012Revenue 2013: $1,454,342Expenses 2013: $1,558,384Net Income 2013: -$104,0422013Revenue 2014: $683,814Expenses 2014: $769,472Net Income 2014: -$85,6582014Revenue 2015: $582,967Expenses 2015: $555,560Net Income 2015: $27,4072015Revenue 2016: $471,416Expenses 2016: $468,512Net Income 2016: $2,9042016Revenue 2017: $856,587Expenses 2017: $777,898Net Income 2017: $78,6892017Revenue 2018: $570,974Expenses 2018: $577,982Net Income 2018: -$7,0082018Revenue 2019: $631,282Expenses 2019: $613,028Net Income 2019: $18,2542019Revenue 2020: $557,298Expenses 2020: $432,322Net Income 2020: $124,9762020Revenue 2021: $496,259Expenses 2021: $724,119Net Income 2021: -$227,8602021Revenue 2023: $230,371Expenses 2023: $232,486Net Income 2023: -$2,1152023

Highlighted filing

2020

Revenue$557,298
Expenses$432,322
Net Income$124,976
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jun 9, 2021
Return Version
2019v5.2
Gross Receipts
$557,298
Mission and Program Overview

Mission

NONE

Organization was formed to be the central forum for all those concerned with maintaining and enhancing the free flow of information in the digital age.

Balance Sheet Detail
LineBeginningEndChange
Assets
Receivables From Officers Etc$81,662$214,162▲ $132,500
Cash and Non-Interest-Bearing Accounts$92,746$79,863▼ $12,883
Land, Buildings, and Equipment, Net$27,663$25,802▼ $1,861
Total Assets$202,071$319,827▲ $117,756
Liabilities
Other Liabilities$12,950$5,730▼ $7,220
Total Liabilities$12,950$5,730▼ $7,220
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$189,121$314,097▲ $124,976
Total Net Assets Fund Balance$189,121$314,097▲ $124,976
Total Liabilities and Net Assets / Fund Balance$202,071$319,827▲ $117,756

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$25,802$25,355$51,157
Equipment$0$40,530$40,530
Other Land Buildings$0$30,594$30,594
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Michael TurnerPresidentPT$82,500$82,500

Board Members and Trustees

NameTitle
Clark AbrahamsDirector
Eric IdehenDirector
James GutierrezDirector
Jennifer BarrettDirector
Jennifer TescherDirector
KATHERINE O'NEILLDirector
Michael NathansDirector
Robert AielloDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$557,298
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$557,298
Change in Net Assets
$124,976
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$221,069
Other Expenses$211,253
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$108,333-$108,333
Current Officers, Directors, Trustees, and Key Employees$82,500--$82,500
Fees for Services Other-$46,185-$46,185
Travel$44,431--$44,431
Office Expenses$43,308--$43,308
Pension Plan Contributions$15,637--$15,637
Payroll Taxes$6,311$8,288-$14,599
Fees for Services Accounting-$14,166-$14,166
All Other Expenses-$13,885-$13,885
Insurance-$4,359-$4,359
Other Expenses-$3,448-$3,448
Depreciation Depletion$1,861--$1,861
Advertising$345--$345
Total Functional Expenses$194,393$237,929$0$432,322
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$81,662$214,162▲ $132,500
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Payable$5,730
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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, Section B, Line 11B

“Reviewed by the board of directors.”

Form 990, Part VI, Section C, Line 19

“AVAILABLE UPON REQUEST”

Form 990, Part VII Contact Addresses for Officers, Directors, Etc

“Michael turner - 6409 fayetteville rd. Ste 120-140, durham, nc 27703. Robert aiello - 1211 avenue of the americas, 27th fl, new york, ny 10036. Katherine o'neill - 135 giannini hall, berkeley, ca 94720. Jennifer barrett - 301 industrial blvd, conway, ar 72032. Clark abrahams - 505 s.duke street 3rd floor, durham, nc 27701. Jennifer tescher - 2230 south michigan avenue #200, chicago, il 60616. James gutierrez - 465 fairchaild drive # 135, mountain view, ca 94043. Eric idehen - 800 walnut street, des moines, ia 50309. Michael nathans - 302 east pettigrew street #240, durham, nc 27701.”

Filing and Contact Details

Filer

Filer Name
Policy and Economic Research
EIN
20-5179792
Phone
9193382798
Address
6409 FAYETTEVILLE RD STE 120 NO 2, DURHAM, NC 27701

Signing Officer

Name
Michael Turner
Title
President
Phone
9193382798
Signed
2021-06-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Turner
Formed
2006
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
0
Employees
2
Volunteers
0

Preparer

Firm
Robert a Woloshen CPA Pc
Address
29 WEST 15TH STREET, NEW YORK, NY 10011
Preparer
Robert Woloshen CPA
Phone
2128433486
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Consulting fees: program service expenses 0. Management and general expenses 46,185. Fundraising expenses 0. Total expenses 46,185.”

Raw XML Appendix378 raw XML fields

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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IRS990ScheduleD/BuildingsGrp/BookValueAmt025802
IRS990ScheduleD/BuildingsGrp/DepreciationAmt025355
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt051157
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt040530
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt040530
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt030594
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt030594
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05730
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARD PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt025802
IRS990ScheduleD/TotalLiabilityAmt05730
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0214162
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt042166
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0MICHAEL TURNER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/TotalBalanceDueAmt0214162
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEWED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MICHAEL TURNER - 6409 FAYETTEVILLE RD. STE 120-140, DURHAM, NC 27703. ROBERT AIELLO - 1211 AVENUE OF THE AMERICAS, 27TH FL, NEW YORK, NY 10036. KATHERINE O'NEILL - 135 GIANNINI HALL, BERKELEY, CA 94720. JENNIFER BARRETT - 301 INDUSTRIAL BLVD, CONWAY, AR 72032. CLARK ABRAHAMS - 505 S.DUKE STREET 3RD FLOOR, DURHAM, NC 27701. JENNIFER TESCHER - 2230 SOUTH MICHIGAN AVENUE #200, CHICAGO, IL 60616. JAMES GUTIERREZ - 465 FAIRCHAILD DRIVE # 135, MOUNTAIN VIEW, CA 94043. ERIC IDEHEN - 800 WALNUT STREET, DES MOINES, IA 50309. MICHAEL NATHANS - 302 EAST PETTIGREW STREET #240, DURHAM, NC 27701.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONSULTING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 46,185. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 46,185.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0202071
IRS990/TotalAssetsEOYAmt0319827
IRS990/TotalAssetsGrp/BOYAmt0202071
IRS990/TotalAssetsGrp/EOYAmt0319827
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0557298
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0237929
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0194393
IRS990/TotalFunctionalExpensesGrp/TotalAmt0432322
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt012950
IRS990/TotalLiabilitiesEOYAmt05730
IRS990/TotalLiabilitiesGrp/BOYAmt012950
IRS990/TotalLiabilitiesGrp/EOYAmt05730
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0189121
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0314097
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0194393
IRS990/TotalReportableCompFromOrgAmt082500
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0557298
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0202071
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0319827
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt044431
IRS990/TravelGrp/TotalAmt044431
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt06409 FAYETTEVILLE RD STE 120 NO 240
IRS990/USAddress/CityNm0DURHAM
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027701
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0HTTP://PERC.NET
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL TURNER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09193382798
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-06-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0POLICY AND ECONOMIC RESEARCH
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0COUNCIL INC
ReturnHeader/Filer/BusinessNameControlTxt0POLI
ReturnHeader/Filer/EIN0205179792
ReturnHeader/Filer/PhoneNum09193382798
ReturnHeader/Filer/USAddress/AddressLine1Txt06409 FAYETTEVILLE RD STE 120 NO 2
ReturnHeader/Filer/USAddress/CityNm0DURHAM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027701
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0133837810
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROBERT A WOLOSHEN CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt029 WEST 15TH STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010011
ReturnHeader/PreparerPersonGrp/PhoneNum02128433486
ReturnHeader/PreparerPersonGrp/PreparationDt02021-06-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT WOLOSHEN CPA
ReturnHeader/ReturnTs02021-06-21T15:01:50-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$319,827
Liabilities
$5,730
Net assets
$314,097
Revenue
$557,298
Expenses
$432,322
Net income
$124,976
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$0.23$0.23$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.10$0.02$0.09$0.50$0.72$0.23
2020Detailed filing. Detailed filing data is available for this year.$0.32$0.01$0.31$0.56$0.43$0.12
2019Detailed filing. Detailed filing data is available for this year.$0.20$0.01$0.19$0.63$0.61$0.02
2018Summary only. Only limited summary data is available for this year.$0.19$0.02$0.17$0.57$0.58$0.01
2017Summary only. Only limited summary data is available for this year.$0.20$0.02$0.18$0.86$0.78$0.08
2016Summary only. Only limited summary data is available for this year.$0.10$0.00$0.10$0.47$0.47$0.00
2015Summary only. Only limited summary data is available for this year.$0.10$0.00$0.10$0.58$0.56$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.09$0.02$0.07$0.68$0.77$0.09
2013Summary only. Only limited summary data is available for this year.$0.19$0.04$0.15$1.45$1.56$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.03$0.26$1.34
2011Summary only. Only limited summary data is available for this year.$0.05$0.01$0.03$1.02$1.16$0.14