Civic Intelligence

The Electrical Association of Philadelphia Inc

990 • Fiscal year 2014 • EIN 23-0552870

Jan 01, 2014 to Dec 31, 2014 • Filed on May 12, 2015

527 Plymouth Road No 408Plymouth Meeting, PA 19462-1641

(610) 825-1600

Siviq Scores

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

Liabilities / Assets

24th percentile

0.04x

Higher debt load relative to assets than 24% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

48th percentile

0.17x

Higher debt load relative to revenue than 48% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Net Margin

4th percentile

-33%

Higher net margin than 4% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

62nd percentile

$167,323

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 34.1% of source-year revenue.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Asset Growth

17th percentile

-6.3%

Faster asset growth than 17% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

4th percentile

-31%

Faster revenue growth than 4% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Down

$2,281,741

Down $153,470 (-6.3%) from 2013

Net Assets

Down

$2,199,932

Down $152,744 (-6.5%) from 2013

Liabilities

Down

$81,809

Down $726 (-0.9%) from 2013

Revenue

Down

$490,097

Down $219,525 (-31%) from 2013

Expenses

Down

$653,644

Down $35,516 (-5.2%) from 2013

Net Income

Down

-$163,547

Down $184,009 (-899%) from 2013

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $2,368,840Liabilities 2010: $98,273Net Assets 2010: $2,270,5672010Assets 2011: $2,250,533Liabilities 2011: $99,209Net Assets 2011: $2,151,3242011Assets 2012: $2,205,170Liabilities 2012: $97,168Net Assets 2012: $2,108,0022012Assets 2013: $2,435,211Liabilities 2013: $82,535Net Assets 2013: $2,352,6762013Assets 2014: $2,281,741Liabilities 2014: $81,809Net Assets 2014: $2,199,9322014Assets 2015: $2,131,581Liabilities 2015: $87,108Net Assets 2015: $2,044,4732015Assets 2016: $2,036,700Liabilities 2016: $100Net Assets 2016: $2,036,6002016Assets 2017: $2,193,383Liabilities 2017: $400Net Assets 2017: $2,192,9832017Assets 2018: $1,969,092Liabilities 2018: $100Net Assets 2018: $1,968,9922018Assets 2019: $1,886,752Liabilities 2019: $400Net Assets 2019: $1,886,3522019Assets 2020: $1,875,895Liabilities 2020: $2,484Net Assets 2020: $1,873,4112020Assets 2021: $1,776,991Liabilities 2021: $9,208Net Assets 2021: $1,767,7832021Assets 2022: $1,463,465Liabilities 2022: $4,939Net Assets 2022: $1,458,5262022Assets 2023: $1,577,811Liabilities 2023: $18,710Net Assets 2023: $1,559,1012023Assets 2024: $1,638,046Liabilities 2024: $11,273Net Assets 2024: $1,626,7732024

Highlighted filing

2014

Assets$2,281,741
Liabilities$81,809
Net Assets$2,199,932

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $777,2732010Expenses 2011: $744,8642011Expenses 2012: $584,2492012Revenue 2013: $709,622Expenses 2013: $689,160Net Income 2013: $20,4622013Revenue 2014: $490,097Expenses 2014: $653,644Net Income 2014: -$163,5472014Revenue 2015: $676,841Expenses 2015: $747,752Net Income 2015: -$70,9112015Revenue 2016: $575,415Expenses 2016: $593,882Net Income 2016: -$18,4672016Revenue 2017: $661,496Expenses 2017: $734,121Net Income 2017: -$72,6252017Revenue 2018: $338,115Expenses 2018: $562,106Net Income 2018: -$223,9912018Revenue 2019: $698,487Expenses 2019: $884,067Net Income 2019: -$185,5802019Revenue 2020: $491,945Expenses 2020: $570,630Net Income 2020: -$78,6852020Revenue 2021: $320,595Expenses 2021: $581,678Net Income 2021: -$261,0832021Revenue 2022: $759,210Expenses 2022: $758,665Net Income 2022: $5452022Revenue 2023: $454,089Expenses 2023: $503,270Net Income 2023: -$49,1812023Revenue 2024: $722,134Expenses 2024: $838,566Net Income 2024: -$116,4322024

Highlighted filing

2014

Revenue$490,097
Expenses$653,644
Net Income-$163,547
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 12, 2015
Return Version
2014v5.0
Gross Receipts
$1,179,770
Mission and Program Overview

Mission

The eap is dedicated to advancing the interests of all members in the electrical industry of the delaware valley and helping members and the industry achieve the highest level of business success.

Through synergy, advance the business success of its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,258,704$2,202,504▼ $56,200
Savings and Temporary Cash Investments$29,222$29,222→ $0
Cash and Non-Interest-Bearing Accounts$137,969$27,339▼ $110,630
Land, Buildings, and Equipment, Net$0$13,360▲ $13,360
Total Assets$2,435,211$2,281,741▼ $153,470
Other Assets Total$9,316$9,316→ $0
Liabilities
Other Liabilities$80,896$80,896→ $0
Deferred Revenue$1,639$613▼ $1,026
Accounts Payable and Accrued Expenses-$300-
Total Liabilities$82,535$81,809▼ $726
Net Assets / Fund Balance
Unrestricted Net Assets$2,352,676$2,199,932▼ $152,744
Total Net Assets Fund Balance$2,352,676$2,199,932▼ $152,744
Total Liabilities and Net Assets / Fund Balance$2,435,211$2,281,741▼ $153,470

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$9,100-
Equipment$13,360$65,299-
Leasehold Improvements$0$33,241-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dwight C PriceExecutive DirectorFT$161,945$5,378$167,323

Board Members and Trustees

NameTitle
Kevin LanePast President
Joe HenryPresident
Kim SchneiderVice President
Al McdevittBoard Member
Bernie SweeneyBoard Member
Carl M WatsonBoard Member
Chris ReganBoard Member
DANIEL D'AMICOBoard Member
David HarnitchekBoard Member
Dorsey RachorBoard Member
Drake HellerBoard Member
Fod VickBoard Member
Gene BibenBoard Member
Gerald LihotaBoard Member
Jack BeiterBoard Member
Jeffrey SmithBoard Member
Kathleen a LentiniBoard Member
Marc BrinerBoard Member
Michael D CiocciBoard Member
Ray KennedyBoard Member
Robert MakimBoard Member
Robert PowellBoard Member
Sharon Horn-riceBoard Member
Steven BellwoarBoard Member
William J DibuiBoard Member
William T Walker IiiBoard Member
Kenneth Hull JrSecretary
Brigid FalascaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$379,438
Investment Income
$98,009
Other Revenue
$12,650
Change in Net Assets
$-163,547
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$374,084
Other Expenses$279,560
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---$169,381
Conferences and Meetings---$155,224
Other Salaries and Wages---$123,598
Occupancy---$69,506
Other Employee Benefits---$31,376
Pension Plan Contributions---$29,912
Payroll Taxes---$19,817
Fees for Services Accounting---$11,998
Other Expenses---$3,777
Office Expenses---$3,686
Fees for Services Management---$3,500
Information Technology---$2,971
All Other Expenses---$2,937
Fees for Services Other---$2,248
Travel---$2,066
Depreciation Depletion---$1,214
Total Functional Expenses$0$0$0$653,644
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Post Retirement Benefit Obligation$80,896
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The association has members. The association's bylaws provide that the management of the association shall be vested in a board of governors. Since the board of governors only meets several times a year, it delegates authority to an executive committee that exercises all of the powers of the board in between board of governor meetings. The executive commmittee consists of at least 5 of the following members: president, vice president, treasurer, secretary, assistant treasurer, or past presidents. The board of governors, or the executive committee in their absence, votes to approve or reject a membership application. Applications must be done on a form provided by the board of governors and each applicant must be endorsed by at least one member in good standing. Approval requires a two-thirds vote.

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

The board of governors, or the executive committee in their absence, shall vote on any matter under the bylaws. This includes vacancies and newly created positions resulting from any increase in the authorized number of governors, which may be filled by personnel elected by a three-fourth vote. The board of governors also appoints an election committee each year, which accepts nominations from every member company in the association. The board of governors may also elect, with a three-fourth vote, a qulified individual to an honorary position on the board. This honorary position is non-voting.

Form 990, Part VI, Section B, Line 11

Electronic draft copies are sent to the executive director of the association for dissemination to the board of directors with written instructions to review and approve the form in accordance with irs regulations. Written comments and questions by the board, if any, are sent to the accountant for responses. Otherwise each board member signs off in the written instruction sheet that they approve of form 990 as prepared.

Form 990, Part VI, Section B, Line 12C

All officers and directors must complete and submit a conflict of interest statement annualy.

Form 990, Part VI, Section C, Line 19

Any member of the general public may appear at the office of the association and request to inspect copies of the association's governing documents, conflict of interest policy, financial statements, and form 990.

Filing and Contact Details

Filer

Filer Name
The Electrical Association of Philadelphia Inc
EIN
23-0552870
Phone
6108251600
Address
527 PLYMOUTH ROAD NO 408, PLYMOUTH MEETING, PA 19462-1641

Signing Officer

Name
Dwight Price
Title
Executive Director
Phone
6108251600
Signed
2015-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dwight Price
Formed
1923
Legal Domicile
Pa
Voting Board Members
28
Independent Board Members
28
Employees
4
Volunteers
28

Preparer

Firm
Cliftonlarsonallen Llp
Address
610 W GERMANTOWN PIKE STE 400, PLYMOUTH MEETING, PA 19462
Preparer
David Jacobson
Phone
2156433900
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280
IRS990/Form990PartVIISectionAGrp/TitleTxt0PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt22BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt23BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt24BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt25BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt26BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt27BOARD MEMBER
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IRS990/Form990TFiledInd01
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IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt045438
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt028
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
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IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InvestmentIncomeGrp/ExclusionAmt052571
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IRS990/InvestmentInJointVentureInd00
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IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingOtherInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE EAP IS DEDICATED TO ADVANCING THE INTERESTS OF ALL MEMBERS IN THE ELECTRICAL INDUSTRY OF THE DELAWARE VALLEY AND HELPING MEMBERS AND THE INDUSTRY ACHIEVE THE HIGHEST LEVEL OF BUSINESS SUCCESS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt02199932
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IRS990/OfficeExpensesGrp/TotalAmt03686
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherExpensesGrp/Desc0EQUIPMENT RENTAL
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IRS990/OtherExpensesGrp/Desc2COMMUNCIATIONS
IRS990/OtherExpensesGrp/Desc3POSTAGE
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IRS990/OtherExpensesGrp/TotalAmt25824
IRS990/OtherExpensesGrp/TotalAmt33777
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IRS990/PensionPlanContributionsGrp/TotalAmt029912
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DWIGHT PRICE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1REGISTRATION FEES
IRS990/ProgramServiceRevenueGrp/Desc2SPONSORSHIP
IRS990/ProgramServiceRevenueGrp/Desc3VENDOR AND ROOM SERVIC
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0199955
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1170700
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt26583
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt32200
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1170700
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt26583
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IRS990/ProhibitedTaxShelterTransInd00
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IRS990/PYGrantsAndSimilarPaidAmt00
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IRS990/PYOtherExpensesAmt0327037
IRS990/PYOtherRevenueAmt021469
IRS990/PYProgramServiceRevenueAmt0607929
IRS990/PYRevenuesLessExpensesAmt020462
IRS990/PYSalariesCompEmpBnftPaidAmt0362123
IRS990/PYTotalExpensesAmt0689160
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0709622
IRS990/ReconcilationRevenueExpnssAmt0-163547
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.64$0.01$1.63$0.72$0.84$0.12
2023Detailed filing. Detailed filing data is available for this year.$1.58$0.02$1.56$0.45$0.50$0.05
2022Detailed filing. Detailed filing data is available for this year.$1.46$0.00$1.46$0.76$0.76$0.00
2021Detailed filing. Detailed filing data is available for this year.$1.78$0.01$1.77$0.32$0.58$0.26
2020Detailed filing. Detailed filing data is available for this year.$1.88$0.00$1.87$0.49$0.57$0.08
2019Detailed filing. Detailed filing data is available for this year.$1.89$0.00$1.89$0.70$0.88$0.19
2018Detailed filing. Detailed filing data is available for this year.$1.97$0.00$1.97$0.34$0.56$0.22
2017Detailed filing. Detailed filing data is available for this year.$2.19$0.00$2.19$0.66$0.73$0.07
2016Detailed filing. Detailed filing data is available for this year.$2.04$0.00$2.04$0.58$0.59$0.02
2015Detailed filing. Detailed filing data is available for this year.$2.13$0.09$2.04$0.68$0.75$0.07
2014Detailed filing. Detailed filing data is available for this year.$2.28$0.08$2.20$0.49$0.65$0.16
2013Detailed filing. Detailed filing data is available for this year.$2.44$0.08$2.35$0.71$0.69$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.21$0.10$2.11$0.58
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.25$0.10$2.15$0.74
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.37$0.10$2.27$0.78