Civic Intelligence

Institute for Quantitative Research in Finance

990 • Fiscal year 2016 • EIN 22-3773177

Jan 01, 2016 to Dec 31, 2016 • Filed on May 11, 2017

Organization ProfileWWW.Q-GROUP.ORG
C/O Megale Cpa 9 Alden AveValley Stream, NY 11580-1001

(212) 494-3155

Siviq Scores

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

Liabilities / Assets

69th percentile

0.43x

Higher debt load relative to assets than 69% of similar nonprofits.

2016 filings • NTEE S • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

62nd percentile

0.51x

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

2016 filings • NTEE S • $1M-$5M nonprofits • Source year 2016

Net Margin

62nd percentile

9.0%

Higher net margin than 62% of similar nonprofits.

2016 filings • NTEE S • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$40,000

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2016 filings • NTEE S • $1M-$5M nonprofits • Source year 2016

Asset Growth

66th percentile

7.3%

Faster asset growth than 66% of similar nonprofits.

2016 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

51st percentile

3.7%

Faster revenue growth than 51% of similar nonprofits.

2016 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets69th percentile

Assets

Up

$1,334,560

Up $90,885 (+7.3%) from 2015

Net Assets

Up

$765,391

Up $102,157 (+15%) from 2015

Liabilities

Down

$569,169

Down $11,272 (-1.9%) from 2015

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin62nd percentile

Revenue

Up

$1,115,656

Up $39,560 (+3.7%) from 2015

Expenses

Up

$1,015,499

Up $80,877 (+8.7%) from 2015

Net Income

Down

$100,157

Down $41,317 (-29%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth66th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $758,333Liabilities 2010: $513,909Net Assets 2010: $244,4242010Assets 2011: $913,040Liabilities 2011: $562,997Net Assets 2011: $350,0432011Assets 2012: $977,804Liabilities 2012: $542,461Net Assets 2012: $435,3432012Assets 2013: $998,513Liabilities 2013: $618,723Net Assets 2013: $379,7902013Assets 2014: $1,135,014Liabilities 2014: $613,254Net Assets 2014: $521,7602014Assets 2015: $1,243,675Liabilities 2015: $580,441Net Assets 2015: $663,2342015Assets 2016: $1,334,560Liabilities 2016: $569,169Net Assets 2016: $765,3912016Assets 2017: $1,278,643Liabilities 2017: $175,461Net Assets 2017: $1,103,1822017Assets 2018: $1,152,757Liabilities 2018: $8,077Net Assets 2018: $1,144,6802018Assets 2019: $1,249,894Liabilities 2019: $5,956Net Assets 2019: $1,243,9382019Assets 2020: $1,462,422Liabilities 2020: $87,562Net Assets 2020: $1,374,8602020Assets 2021: $1,195,413Liabilities 2021: $88,225Net Assets 2021: $1,107,1882021Assets 2022: $1,548,670Liabilities 2022: $530,056Net Assets 2022: $1,018,6142022Assets 2023: $1,445,634Liabilities 2023: $536,464Net Assets 2023: $909,1702023Assets 2024: $905,441Liabilities 2024: $183,166Net Assets 2024: $722,2752024

Highlighted filing

2016

Assets$1,334,560
Liabilities$569,169
Net Assets$765,391
Open 2016 Filing

Operations Trend

Revenue Growth51st percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $946,8342010Revenue 2011: $938,837Expenses 2011: $834,218Net Income 2011: $104,6192011Expenses 2012: $858,2722012Revenue 2013: $896,768Expenses 2013: $951,333Net Income 2013: -$54,5652013Revenue 2014: $1,053,702Expenses 2014: $911,732Net Income 2014: $141,9702014Revenue 2015: $1,076,096Expenses 2015: $934,622Net Income 2015: $141,4742015Revenue 2016: $1,115,656Expenses 2016: $1,015,499Net Income 2016: $100,1572016Revenue 2017: $1,116,143Expenses 2017: $794,352Net Income 2017: $321,7912017Revenue 2018: $876,115Expenses 2018: $834,617Net Income 2018: $41,4982018Revenue 2019: $818,780Expenses 2019: $719,522Net Income 2019: $99,2582019Revenue 2020: $550,544Expenses 2020: $392,222Net Income 2020: $158,3222020Revenue 2021: $276,726Expenses 2021: $453,898Net Income 2021: -$177,1722021Revenue 2022: $472,027Expenses 2022: $649,928Net Income 2022: -$177,9012022Revenue 2023: $597,125Expenses 2023: $706,569Net Income 2023: -$109,4442023Revenue 2024: $537,592Expenses 2024: $719,687Net Income 2024: -$182,0952024

Highlighted filing

2016

Revenue$1,115,656
Expenses$1,015,499
Net Income$100,157
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 11, 2017
Return Version
2016v3.0
Gross Receipts
$1,115,656
Mission and Program Overview

Mission

The organization's mission is to encourage the study of finance, support basic and applied research in the field of financial analysis, and encourage the use of advanced mathematics and econometric methods in financial management, and in furtherance thereof, to conduct investigations and other research activities in the fields of finance and securities analysis.

Forum to evaluate new research, quantitative applications & provide solutions to improve investment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,122,409$1,152,785▲ $30,376
Prepaid Expenses and Deferred Charges$23,375$84,656▲ $61,281
Cash and Non-Interest-Bearing Accounts$87,855$74,369▼ $13,486
Accounts Receivable$9,750$22,750▲ $13,000
Total Assets$1,243,675$1,334,560▲ $90,885
Other Assets Total$286$0▼ $286
Liabilities
Deferred Revenue$497,250$481,000▼ $16,250
Accounts Payable and Accrued Expenses$53,191$76,169▲ $22,978
Grants Payable$30,000$12,000▼ $18,000
Total Liabilities$580,441$569,169▼ $11,272
Net Assets / Fund Balance
Unrestricted Net Assets$453,234$555,391▲ $102,157
Temporarily Rstr Net Assets$210,000$210,000→ $0
Total Net Assets Fund Balance$663,234$765,391▲ $102,157
Total Liabilities and Net Assets / Fund Balance$1,243,675$1,334,560▲ $90,885
Compensation and Service Providers
Top Officer Pay35th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Dale BermanTreasurerFT$40,000$40,000

Board Members and Trustees

NameTitle
Richard R LindseyChairman
James H ScottPresident
Gilbert HammerVice-chairman
William L FouseVice-chairman
Brett HammondExecutive Vice President
Marc R ReinganumExecutive Vice President
Andrew AngDirector
Arnold S WoodDirector
Barbara S PetittDirector
Clifford S AsnessDirector
James P GordonDirector
Joanne M HillDirector
Katrina F SherrerdDirector
Kenneth J WinstonDirector
Laurence B SiegelDirector
Leopoldo E GuzmanDirector
Mary L CahillDirector
Mehdi MahmudDirector
Michelle R ClaymanDirector
Roger G ClarkeDirector
Stephen BrownDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,114,750
Investment Income
$906
Other Revenue
$0
Change in Net Assets
$100,157

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,115,656
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,115,656
Total Revenue per Form 990
$1,115,656
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$980,390
Salaries, Compensation, and Employee Benefits$43,109
Professional Fundraising Fees$0
Total Fundraising Expense$0
Grants and Similar Amounts Paid$-8,000

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$661,394--$661,394
Current Officers, Directors, Trustees, and Key Employees$20,000$20,000-$40,000
Fees for Services Accounting-$28,950-$28,950
All Other Expenses$6,300$13,099-$19,399
Other Expenses$13,012$12,193-$13,012
Insurance-$4,412-$4,412
Payroll Taxes$1,555$1,554-$3,109
Grants to Domestic Individuals$-8,000--$-8,000
Total Functional Expenses$828,456$187,043$0$1,015,499

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,015,499
Total Expenses per Audited Statements$1,015,499
Total Expenses per Form 990$1,015,499
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The organization is a non-stock not-for-profit corporation with members. There are no classes of membership. Each member is entitled to one vote. The members elect the board of directors.”

Form 990, Part VI, Section A, Line 7A

“There are no classes of membership. Each member is entitled to one vote. The members elect the board of directors.”

Form 990, Part VI, Section A, Line 7B

“The board of directors approves the admission of new members. Ratification of admission of new members is required by the current members.”

Form 990, Part VI, Section B, Line 11B

“The final version of the form 990 (including required schedules)is sent to the chairman before the form is filed. The chairman (who is also on the board of directors) reviews the form. The approved form is then signed by the chairman.”

Form 990, Part VI, Section C, Line 19

“The governing documents and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
The Institute for Quantitative Research
EIN
22-3773177
Phone
2124943155
Address
C/O MEGALE CPA 9 ALDEN AVE, VALLEY STREAM, NY 11580-1001

Signing Officer

Name
Richard R Lindsey
Title
Chairman
Phone
2123191328
Signed
2017-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard R Lindsey
Formed
2000
Legal Domicile
De
Voting Board Members
22
Independent Board Members
21
Employees
1
Volunteers
0

Preparer

Firm
Frank Megale CPA
Address
9 ALDEN AVENUE, N VALLEY STREAM, NY 11580-1001
Preparer
Frank Megale CPA
Phone
5162854839
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IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE-CHAIRMAN
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IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13EXECUTIVE VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt14EXECUTIVE VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt15PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02000
IRS990/FormerOfcrEmployeesListedInd00
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt022
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IRS990/GrantsPayableGrp/BOYAmt030000
IRS990/GrantsPayableGrp/EOYAmt012000
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0-8000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0-8000
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01115656
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
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IRS990/IndependentVotingMemberCnt021
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt04412
IRS990/InsuranceGrp/TotalAmt04412
IRS990/InvestmentIncomeGrp/ExclusionAmt0906
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0906
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IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ENCOURAGE THE STUDY OF FINANCE. SUPPORT BASIC AND APPLIED RESEARCH IN THE FIELD OF FIANCIAL ANALYSIS, AND ENCOURAGE THE USE OF ADVANCED MATHEMATICS AND ECONOMETRIC METHODS IN FINANCIAL MANAGEMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0663234
IRS990/NetAssetsOrFundBalancesEOYAmt0765391
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0286
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0ADMINISTRATION, CLERICA
IRS990/OtherExpensesGrp/Desc1COMMITTEES EXPENSES
IRS990/OtherExpensesGrp/Desc2RESEARCH PROJECTS COORD
IRS990/OtherExpensesGrp/Desc3PRIZE COMPETITION EXPEN
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0106835
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt112193
IRS990/OtherExpensesGrp/ProgramServicesAmt085744
IRS990/OtherExpensesGrp/ProgramServicesAmt128451
IRS990/OtherExpensesGrp/ProgramServicesAmt220000
IRS990/OtherExpensesGrp/ProgramServicesAmt313012
IRS990/OtherExpensesGrp/TotalAmt0192579
IRS990/OtherExpensesGrp/TotalAmt140644
IRS990/OtherExpensesGrp/TotalAmt220000
IRS990/OtherExpensesGrp/TotalAmt313012
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01554
IRS990/PayrollTaxesGrp/ProgramServicesAmt01555
IRS990/PayrollTaxesGrp/TotalAmt03109
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt023375
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt084656
IRS990/PrincipalOfficerNm0RICHARD R LINDSEY
IRS990/PriorPeriodAdjustmentsAmt02000
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0SPONSOR DUES
IRS990/ProgramServiceRevenueGrp/Desc1SEMINAR FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0984750
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1130000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0984750
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1130000
IRS990/ProgSrvcAccomActy2Grp/Desc0ROGER F. MURRAY ANNUAL PRIZE COMPETITION AWARDED FOR THE QUALITY OF THE RESEARCH PAPERS UPON WHICH THE PRESENTATION AT THE SEMI-ANNUAL SEMINARS ARE BASED.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt010290
IRS990/ProgSrvcAccomActy2Grp/GrantAmt010000
IRS990/ProgSrvcAccomActy3Grp/Desc0SEMINARS COVERING VARIOUS ASPECTS OF QUANTITATIVE RESEARCH WHICH PROVIDE AN UNDERSTANDING AND ANALYSIS OF CURRENT EVENTS IN FINANCE AND ECONOMICS AFFECTING THE FIELD OF QUANTITATIVE ANALYSIS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0795386
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt0-2000
IRS990/PYInvestmentIncomeAmt01096
IRS990/PYOtherExpensesAmt0893503
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01075000
IRS990/PYRevenuesLessExpensesAmt0141474
IRS990/PYSalariesCompEmpBnftPaidAmt043119
IRS990/PYTotalExpensesAmt0934622
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01076096
IRS990/ReconcilationRevenueExpnssAmt0100157
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01122409
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01152785
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01015499
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01115656
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01015499
IRS990ScheduleD/TotalRevenuePerForm990Amt01115656
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01115656
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01015499
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt010000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt1-12000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt2-6000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0ROGER F MURRAY PRIZE - PRIZE COMPETITION TO RECOGNIZE SCIENTIFIC ACHIEVEMENT IN QUANTITATIVE FINANCIAL RESEARCH. AWARDED TO INDIVIDUALS WHO PRESENT RESEARCH AT THE SEMI-ANNUAL SEMINARS.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1JACK L. TREYNOR PRIZE - A PROGRAM TO RECOGNIZE SUPERIOR ACADEMIC WORKING PAPERS WITH POTENTIAL APPLICATIONS IN THE FIELDS OF INVESTMENT MANAGEMENT AND FINANCIAL MARKETS.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2RESEARCH GRANT AWARDED IN 2008 CANCELED
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3RESEARCH GRANT AWARDED IN 2009 CANCELED
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt05
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt18
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt25
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt32
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZTION SUSPENDED IN 2014 GRANT FUNDING TO SUPPORT ACADEMIC RESEARCH IN QUANTITATIVE ANALYSIS & FINANCE THAT IS OF INTEREST TO THE INVESTMENT MANAGEMENT COMMUNITY. THE RESEARCH COORDINATOR KEEPS TRACK OF ALL OUTSTANDING RESEARCH PROJECTS & MAINTAINS PROPER CORRESPONDENCE FILES FOR ALL PROJECTS. IF A PROJECT IS NOT PROGRESSING SATISFACTORILY, THE RESEARCH COORDINATOR, IN CONSULTATION WITH THE RESEARCH COMMITTEE, WILL HELP TERMINATE THE PROJECT. THE RESEARCH COORDINATOR COLLECTS THE PAPERS PRODUCED BY ITS SUPPORTED AUTHORS & HELPS THE RESEARCH COMMITTEE DETERMINE WHEN AUTHORS SATISFACTORILY COMPLETE THEIR PROJECTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A NON-STOCK NOT-FOR-PROFIT CORPORATION WITH MEMBERS. THERE ARE NO CLASSES OF MEMBERSHIP. EACH MEMBER IS ENTITLED TO ONE VOTE. THE MEMBERS ELECT THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE NO CLASSES OF MEMBERSHIP. EACH MEMBER IS ENTITLED TO ONE VOTE. THE MEMBERS ELECT THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS APPROVES THE ADMISSION OF NEW MEMBERS. RATIFICATION OF ADMISSION OF NEW MEMBERS IS REQUIRED BY THE CURRENT MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FINAL VERSION OF THE FORM 990 (INCLUDING REQUIRED SCHEDULES)IS SENT TO THE CHAIRMAN BEFORE THE FORM IS FILED. THE CHAIRMAN (WHO IS ALSO ON THE BOARD OF DIRECTORS) REVIEWS THE FORM. THE APPROVED FORM IS THEN SIGNED BY THE CHAIRMAN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0210000
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0210000
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01243675
IRS990/TotalAssetsEOYAmt01334560
IRS990/TotalAssetsGrp/BOYAmt01243675
IRS990/TotalAssetsGrp/EOYAmt01334560
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt01

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,334,560
Liabilities
$569,169
Net assets
$765,391
Revenue
$1,115,656
Expenses
$1,015,499
Net income
$100,157
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.91$0.18$0.72$0.54$0.72$0.18
2023Detailed filing. Detailed filing data is available for this year.$1.45$0.54$0.91$0.60$0.71$0.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.55$0.53$1.02$0.47$0.65$0.18
2021Detailed filing. Detailed filing data is available for this year.$1.20$0.09$1.11$0.28$0.45$0.18
2020Detailed filing. Detailed filing data is available for this year.$1.46$0.09$1.37$0.55$0.39$0.16
2019Detailed filing. Detailed filing data is available for this year.$1.25$0.01$1.24$0.82$0.72$0.10
2018Detailed filing. Detailed filing data is available for this year.$1.15$0.01$1.14$0.88$0.83$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.28$0.18$1.10$1.12$0.79$0.32
2016Detailed filing. Detailed filing data is available for this year.$1.33$0.57$0.77$1.12$1.02$0.10
2015Detailed filing. Detailed filing data is available for this year.$1.24$0.58$0.66$1.08$0.93$0.14
2014Detailed filing. Detailed filing data is available for this year.$1.14$0.61$0.52$1.05$0.91$0.14
2013Detailed filing. Detailed filing data is available for this year.$1.00$0.62$0.38$0.90$0.95$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.98$0.54$0.44$0.86
2011Summary only. Only limited summary data is available for this year.$0.91$0.56$0.35$0.94$0.83$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.51$0.24$0.95