Civic Intelligence

Noracs

990EZ • Fiscal year 2022 • EIN 22-3048789

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 11, 2023

Organization Profilewww.globacs.org
444 Liberty Avenue Suite 605Pittsburgh, PA 15222

(412) 523-3627

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

94th percentile

47%

Higher net margin than 94% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

74th percentile

$6,000

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 26.7% of source-year revenue.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

95th percentile

87%

Faster asset growth than 95% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$22,925

Up $10,667 (+87%) from 2021

Net Assets

$22,925

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin94th percentile

Revenue

Up

$22,480

Up $22,480 from 2021

Expenses

Up

$11,813

Up $2,873 (+32%) from 2021

Net Income

Up

$10,667

Up $19,607 (+219%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

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

$30K$20K$10K$0Assets 2019: $4,921Liabilities 2019: $02019Assets 2020: $21,198Liabilities 2020: $02020Assets 2021: $12,258Liabilities 2021: $02021Assets 2022: $22,925Net Assets 2022: $22,9252022Assets 2023: $20,449Liabilities 2023: $02023Assets 2024: $24,557Net Assets 2024: $24,5572024

Highlighted filing

2022

Assets$22,925
Liabilities-
Net Assets$22,925
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$30K$20K$10K$0-$10KRevenue 2019: $20,010Expenses 2019: $25,175Net Income 2019: -$5,1652019Revenue 2020: $22,510Expenses 2020: $6,233Net Income 2020: $16,2772020Revenue 2021: $0Expenses 2021: $8,940Net Income 2021: -$8,9402021Revenue 2022: $22,480Expenses 2022: $11,813Net Income 2022: $10,6672022Revenue 2023: $22,460Expenses 2023: $24,936Net Income 2023: -$2,4762023Revenue 2024: $22,460Expenses 2024: $18,352Net Income 2024: $4,1082024

Highlighted filing

2022

Revenue$22,480
Expenses$11,813
Net Income$10,667
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 11, 2023
Return Version
2022v5.0
Gross Receipts
$22,480
Mission and Program Overview

Mission

NORACSisanorganizationofsmallactuarialconsultingfirms.NORACSservesinaneducationalfunctionpublishingnewsletters,articlesandhostingmeetings,etc.

Program Services

DescriptionGrantsExpenses
NORACSmembersmeettwiceperyeartosharebestpracticeswithinourfirmswhicharesharedtoassisteachfirmwithintheorganizationofwaystoassisttheiremployeesandclientswithnewideasandproblemsolvingsolutions.$0$0
Eachfirmintheorganizationwritesarticlesonhottopicsintheareasofretirementhealthandwelfarebenefitsandinsurancewhicharesharedonourwebsiteandmailedtoourclients.$0$0
Eachfirmsharesinformationonourfirm'smarketingstrategieswhicharesharedtoenhanceallfirmsoftheorganizationwithnewideasformarketing.WealsoshareinformationonbestpracticesforITsecurity.$0$0
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeanne MichaudSecretaryPT$6,000-$6,000
Filing and Contact Details

Filer

Filer Name
Noracs
EIN
22-3048789
In Care Of
% Jeanne Michaud
Address
444 LIBERTY AVENUE SUITE 605, Pittsburgh, PA 15222

Signing Officer

Name
Jeanne Michaud
Title
NORACS Secretary
Signed
2023-04-11
Supplemental Narrative

Additional Explanations

Part I, line 16

“| Other Expenses:, Amount:| Conference Expenses meeting take place twice per year, $5226|”

Raw XML Appendix91 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Jeanne MIchaud
IRS990EZ/BooksInCareOfDetail/PhoneNum04125233627
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0444 Liberty Avenue
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt0Suite 605
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Pittsburgh
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd015222
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt012258
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt022925
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt010667
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0587
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt012258
IRS990EZ/Form990TotalAssetsGrp/EOYAmt022925
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt022480
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt022480
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt012258
IRS990EZ/NetAssetsOrFundBalancesEOYAmt022925
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt012258
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt022925
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt07.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt06000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Jeanne Michaud
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt05226
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0NORACSisanorganizationofsmallactuarialconsultingfirms.NORACSservesinaneducationalfunctionpublishingnewsletters,articlesandhostingmeetings,etc.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0NORACSmembersmeettwiceperyeartosharebestpracticeswithinourfirmswhicharesharedtoassisteachfirmwithintheorganizationofwaystoassisttheiremployeesandclientswithnewideasandproblemsolvingsolutions.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Eachfirmintheorganizationwritesarticlesonhottopicsintheareasofretirementhealthandwelfarebenefitsandinsurancewhicharesharedonourwebsiteandmailedtoourclients.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Eachfirmsharesinformationonourfirm'smarketingstrategieswhicharesharedtoenhanceallfirmsoftheorganizationwithnewideasformarketing.WealsoshareinformationonbestpracticesforITsecurity.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt20
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt06000
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0PA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt011813
IRS990EZ/TotalRevenueAmt022480
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0www.globacs.org
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Other Expenses:, Amount:| Conference Expenses meeting take place twice per year, $5226|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 16
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Jeanne Michaud
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0NORACS Secretary
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NORACS
ReturnHeader/Filer/BusinessNameControlTxt0NORA
ReturnHeader/Filer/EIN0223048789
ReturnHeader/Filer/ForeignPhoneNum04125233627
ReturnHeader/Filer/InCareOfNm0% Jeanne Michaud
ReturnHeader/Filer/USAddress/AddressLine1Txt0444 LIBERTY AVENUE SUITE 605
ReturnHeader/Filer/USAddress/CityNm0Pittsburgh
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd015222
ReturnHeader/ReturnTs02023-04-11T07:12:12-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,925
Liabilities
-
Net assets
$22,925
Revenue
$22,480
Expenses
$11,813
Net income
$10,667
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$24.6$24.6$22.5$18.4$4.11
2023Summary only. Only limited summary data is available for this year.$20.4$0.00$22.5$24.9$2.48
2022Detailed filing. Detailed filing data is available for this year.$22.9$22.9$22.5$11.8$10.7
2021Summary only. Only limited summary data is available for this year.$12.3$0.00$0.00$8.94$8.94
2020Summary only. Only limited summary data is available for this year.$21.2$0.00$22.5$6.23$16.3
2019Summary only. Only limited summary data is available for this year.$4.92$0.00$20.0$25.2$5.17