Civic Intelligence

Irc Network Inc

990 • Fiscal year 2019 • EIN 23-3052115

Jul 01, 2018 to Jun 30, 2019 • Filed on Oct 11, 2019

1 College AvenueWilliamsport, PA 17701

(570) 329-3200

Siviq Scores

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

Liabilities / Assets

86th percentile

0.28x

Higher debt load relative to assets than 86% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

79th percentile

0.11x

Higher debt load relative to revenue than 79% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Net Margin

52nd percentile

3.3%

Higher net margin than 52% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Top Officer Pay

71st percentile

$0

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Asset Growth

79th percentile

23%

Faster asset growth than 79% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

43rd percentile

-1.9%

Faster revenue growth than 43% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$92,057

Up $17,176 (+23%) from 2018

Net Assets

Up

$65,958

Up $7,845 (+13%) from 2018

Liabilities

Up

$26,099

Up $9,331 (+56%) from 2018

Revenue

Down

$241,112

Down $4,795 (-1.9%) from 2018

Expenses

Down

$233,267

Down $3,373 (-1.4%) from 2018

Net Income

Down

$7,845

Down $1,422 (-15%) from 2018

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0-$200KAssets 2010: $46,126Liabilities 2010: $264Net Assets 2010: $45,8622010Assets 2011: $59,312Liabilities 2011: $21,739Net Assets 2011: $37,5732011Assets 2012: $90,515Liabilities 2012: $80,606Net Assets 2012: $9,9092012Assets 2013: $236,937Liabilities 2013: $240,107Net Assets 2013: -$3,1702013Assets 2014: $221,704Liabilities 2014: $189,241Net Assets 2014: $32,4632014Assets 2015: $308,555Liabilities 2015: $239,687Net Assets 2015: $68,8682015Assets 2016: $647,680Liabilities 2016: $609,861Net Assets 2016: $37,8192016Assets 2017: $99,328Liabilities 2017: $50,480Net Assets 2017: $48,8482017Assets 2018: $74,881Liabilities 2018: $16,768Net Assets 2018: $58,1132018Assets 2019: $92,057Liabilities 2019: $26,099Net Assets 2019: $65,9582019Assets 2020: $81,786Liabilities 2020: $14,189Net Assets 2020: $67,5972020Assets 2021: $77,325Liabilities 2021: $9,113Net Assets 2021: $68,2122021Assets 2022: $86,390Liabilities 2022: $7,563Net Assets 2022: $78,8272022Assets 2023: $99,039Liabilities 2023: $10,186Net Assets 2023: $88,8532023Assets 2024: $97,455Liabilities 2024: $9,127Net Assets 2024: $88,3282024Assets 2025: $134,288Liabilities 2025: $3,378Net Assets 2025: $130,9102025

Highlighted filing

2019

Assets$92,057
Liabilities$26,099
Net Assets$65,958

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2010: $273,120Expenses 2010: $256,834Net Income 2010: $16,2862010Expenses 2011: $337,1692011Expenses 2012: $276,7512012Expenses 2013: $553,1072013Revenue 2014: $809,592Expenses 2014: $773,959Net Income 2014: $35,6332014Revenue 2015: $1,897,329Expenses 2015: $1,860,924Net Income 2015: $36,4052015Revenue 2016: $1,787,752Expenses 2016: $1,818,801Net Income 2016: -$31,0492016Revenue 2017: $457,494Expenses 2017: $446,465Net Income 2017: $11,0292017Revenue 2018: $245,907Expenses 2018: $236,640Net Income 2018: $9,2672018Revenue 2019: $241,112Expenses 2019: $233,267Net Income 2019: $7,8452019Revenue 2020: $230,464Expenses 2020: $228,825Net Income 2020: $1,6392020Revenue 2021: $157,942Expenses 2021: $157,327Net Income 2021: $6152021Revenue 2022: $148,949Expenses 2022: $138,334Net Income 2022: $10,6152022Revenue 2023: $134,700Expenses 2023: $124,674Net Income 2023: $10,0262023Revenue 2024: $134,700Expenses 2024: $135,225Net Income 2024: -$5252024Revenue 2025: $134,720Expenses 2025: $92,138Net Income 2025: $42,5822025

Highlighted filing

2019

Revenue$241,112
Expenses$233,267
Net Income$7,845
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Oct 11, 2019
Return Version
2018v3.1
Gross Receipts
$241,112
Mission and Program Overview

Mission

To advance the competitivenss of manufacturing in pennsylvania.

To advance competitiveness of manufacturing in pa.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$65,119$78,622▲ $13,503
Prepaid Expenses and Deferred Charges$9,543$9,642▲ $99
Accounts Receivable$219$3,793▲ $3,574
Total Assets$74,881$92,057▲ $17,176
Liabilities
Accounts Payable and Accrued Expenses$16,768$26,099▲ $9,331
Total Liabilities$16,768$26,099▲ $9,331
Net Assets / Fund Balance
Unrestricted Net Assets$58,113$65,958▲ $7,845
Total Net Assets Fund Balance$58,113$65,958▲ $7,845
Total Liabilities and Net Assets / Fund Balance$74,881$92,057▲ $17,176
Compensation and Service Providers

Board Members and Trustees

NameTitle
Eric EsodaPresident
Barry MillerDirector
Jack PfunderDirector
Petra MitchellDirector
Robert ZarutaDirector
Dan ManettaSecretary/tr
John LloydVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
Innovative Manufacturers Center INCOffice Support1 COLLEGE AVENUE, Williamsport, PA 17701$110,227
Revenue and Support

Revenue Composition

Contributions and Grants
$10,877
Program Service Revenue
$229,609
Investment Income
$626
Other Revenue
$0
Change in Net Assets
$7,845

Audited Revenue Reconciliation

Revenue per Audited Statements
$241,112
Total Revenue per Audited Statements
$241,112
Total Revenue per Form 990
$241,112
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$233,267
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Lobbying$102,295--$102,295
Fees for Services Other$82,257$15,668-$97,925
Travel$7,632--$7,632
Fees for Services Accounting-$6,175-$6,175
Advertising$5,401--$5,401
Insurance-$2,926-$2,926
Other Expenses$10,877$36-$36
Total Functional Expenses$208,462$24,805$0$233,267

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$233,267
Total Expenses per Audited Statements$233,267
Total Expenses per Form 990$233,267
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
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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, Page 6, Part VI, Line 6

Each irc corporation established and operated in accordance with the ben franklin/irc partnership act shall be eligible to be a member. Additionally, such other entities may be admitted to membership from time to time in accordance with the bylaws of the corporation. To become a member, the eligible corporation must make application to the corporation and such application must be accepted by the board. Each member shall provide to the secretary/treasurer of the corporation the name of the individual authorized to bind the member hereunder, including financial obligations, and documentation that the member, through its board of directors, has so authorized said individual to act in that capacity. Each member of the corporation shall be entitled to one (1) vote.

Form 990, Page 6, Part VI, Line 11B

A third party auditing firm prepares the 990 in consultation with staff and officers. The draft 990 is presented via email and in person to the full board by the auditing firm for review, discussion and final approval.

Form 990, Page 6, Part VI, Line 12C

An officer, director or employee of the network who is a party to or who is interested in a project must disclose the nature and extent of the interest to the board, and must abstain from the board's deliberations concerning the project. A consultant, or independent contractor of the network who is a party to or who is interested in a project, shall immediately disclose the nature and extent of the interest to the board. The board shall take such action, which is necessary in light of the facts revealed by the disclosure, to avoid a conflict of interest or impropriety with regard to a project. The disclosure statement of the covered person, and the action by the board, shall be made a part of the minutes at its next regular or special meeting.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflicts of interest policy, and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Irc Network Inc
EIN
23-3052115
Phone
5703293200
Address
1 COLLEGE AVENUE, WILLIAMSPORT, PA 17701

Signing Officer

Name
Dan Manetta
Title
Secretary/treasurer
Phone
5703293200
Signed
2019-10-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dan Manetta
Formed
2000
Legal Domicile
Pa
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Hamilton & Musser Pc Cpas
Address
176 CUMBERLAND PARKWAY, MECHANICSBURG, PA 17055
Preparer
William P Ashman CPA
Phone
7176973888
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consultants 82,257 15,668 0

Financial Statement Notes

Schedule D, Page 3, Part X

Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the orgainization. Management evaluated the tax positions taken and concluded that the organization had taken no uncertain tax positions that require recognition or disclosure in the financial statements. No provision or benefit for income taxes has been included in these financial statements. With few exceptions, the organization is no longer subject to income tax examinations by the u.s. Federal, state or local tax authorities for years before june 30, 2016.

Raw XML Appendix317 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EACH IRC CORPORATION ESTABLISHED AND OPERATED IN ACCORDANCE WITH THE BEN FRANKLIN/IRC PARTNERSHIP ACT SHALL BE ELIGIBLE TO BE A MEMBER. ADDITIONALLY, SUCH OTHER ENTITIES MAY BE ADMITTED TO MEMBERSHIP FROM TIME TO TIME IN ACCORDANCE WITH THE BYLAWS OF THE CORPORATION. TO BECOME A MEMBER, THE ELIGIBLE CORPORATION MUST MAKE APPLICATION TO THE CORPORATION AND SUCH APPLICATION MUST BE ACCEPTED BY THE BOARD. EACH MEMBER SHALL PROVIDE TO THE SECRETARY/TREASURER OF THE CORPORATION THE NAME OF THE INDIVIDUAL AUTHORIZED TO BIND THE MEMBER HEREUNDER, INCLUDING FINANCIAL OBLIGATIONS, AND DOCUMENTATION THAT THE MEMBER, THROUGH ITS BOARD OF DIRECTORS, HAS SO AUTHORIZED SAID INDIVIDUAL TO ACT IN THAT CAPACITY. EACH MEMBER OF THE CORPORATION SHALL BE ENTITLED TO ONE (1) VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A THIRD PARTY AUDITING FIRM PREPARES THE 990 IN CONSULTATION WITH STAFF AND OFFICERS. THE DRAFT 990 IS PRESENTED VIA EMAIL AND IN PERSON TO THE FULL BOARD BY THE AUDITING FIRM FOR REVIEW, DISCUSSION AND FINAL APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AN OFFICER, DIRECTOR OR EMPLOYEE OF THE NETWORK WHO IS A PARTY TO OR WHO IS INTERESTED IN A PROJECT MUST DISCLOSE THE NATURE AND EXTENT OF THE INTEREST TO THE BOARD, AND MUST ABSTAIN FROM THE BOARD'S DELIBERATIONS CONCERNING THE PROJECT. A CONSULTANT, OR INDEPENDENT CONTRACTOR OF THE NETWORK WHO IS A PARTY TO OR WHO IS INTERESTED IN A PROJECT, SHALL IMMEDIATELY DISCLOSE THE NATURE AND EXTENT OF THE INTEREST TO THE BOARD. THE BOARD SHALL TAKE SUCH ACTION, WHICH IS NECESSARY IN LIGHT OF THE FACTS REVEALED BY THE DISCLOSURE, TO AVOID A CONFLICT OF INTEREST OR IMPROPRIETY WITH REGARD TO A PROJECT. THE DISCLOSURE STATEMENT OF THE COVERED PERSON, AND THE ACTION BY THE BOARD, SHALL BE MADE A PART OF THE MINUTES AT ITS NEXT REGULAR OR SPECIAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONSULTANTS 82,257 15,668 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt010877
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt024805
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0208462
IRS990/TotalFunctionalExpensesGrp/TotalAmt0233267
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt016768
IRS990/TotalLiabilitiesEOYAmt026099
IRS990/TotalLiabilitiesGrp/BOYAmt016768
IRS990/TotalLiabilitiesGrp/EOYAmt026099
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt058113
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt065958
IRS990/TotalProgramServiceRevenueAmt0229609
IRS990/TotalRevenueGrp/ExclusionAmt0626
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0229609
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0241112
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt074881
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt092057
IRS990/TravelGrp/ProgramServicesAmt07632
IRS990/TravelGrp/TotalAmt07632
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt058113
IRS990/UnrestrictedNetAssetsGrp/EOYAmt065958
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01 COLLEGE AVENUE
IRS990/USAddress/CityNm0WILLIAMSPORT
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd017701
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02020-01-14 16:20:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAN MANETTA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05703293200
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-10-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IRC NETWORK INC
ReturnHeader/Filer/BusinessNameControlTxt0IRCN
ReturnHeader/Filer/EIN0233052115
ReturnHeader/Filer/PhoneNum05703293200
ReturnHeader/Filer/USAddress/AddressLine1Txt01 COLLEGE AVENUE
ReturnHeader/Filer/USAddress/CityNm0WILLIAMSPORT
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ReturnHeader/Filer/USAddress/ZIPCd017701
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0B9AA677B47C25125D203948104D712466EBB4D6C
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0B9AA677B47C25125D203948104D712466EBB4D6C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt072.95.34.166
ReturnHeader/FilingSecurityInformation/IPDt02019-10-18
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm012:03:57
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0232213999
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HAMILTON & MUSSER PC CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0176 CUMBERLAND PARKWAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MECHANICSBURG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd017055
ReturnHeader/PreparerPersonGrp/PhoneNum07176973888
ReturnHeader/PreparerPersonGrp/PreparationDt02019-10-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM P ASHMAN CPA
ReturnHeader/ReturnTs02019-10-18T12:03:57-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$0.13$0.09$0.04
2024Detailed filing. Detailed filing data is available for this year.$0.10$0.01$0.09$0.13$0.14$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.10$0.01$0.09$0.13$0.12$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.09$0.01$0.08$0.15$0.14$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.08$0.01$0.07$0.16$0.16$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.08$0.01$0.07$0.23$0.23$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.09$0.03$0.07$0.24$0.23$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.07$0.02$0.06$0.25$0.24$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.10$0.05$0.05$0.46$0.45$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.65$0.61$0.04$1.79$1.82$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.31$0.24$0.07$1.90$1.86$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.22$0.19$0.03$0.81$0.77$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.24$0.00$0.55
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.08$0.01$0.28
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.02$0.04$0.34
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.00$0.05$0.27$0.26$0.02