Civic Intelligence

Sorptive Minerals Institute

990 • Fiscal year 2019 • EIN 23-7076764

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 16, 2020

1800 M Street NW Suite S400Washington, DC 20036

(202) 289-2760

Siviq Scores

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

Liabilities / Assets

74th percentile

0.10x

Higher debt load relative to assets than 74% of similar nonprofits.

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

Liabilities / Revenue

74th percentile

0.07x

Higher debt load relative to revenue than 74% of similar nonprofits.

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

Net Margin

31st percentile

-4.5%

Higher net margin than 31% 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

48th percentile

1.7%

Faster asset growth than 48% of similar nonprofits.

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

Revenue Growth

26th percentile

-11%

Faster revenue growth than 26% of similar nonprofits.

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

Assets

Up

$131,052

Up $2,140 (+1.7%) from 2018

Net Assets

Down

$118,356

Down $8,229 (-6.5%) from 2018

Liabilities

Up

$12,696

Up $10,369 (+446%) from 2018

Revenue

Down

$181,349

Down $22,730 (-11%) from 2018

Expenses

Up

$189,578

Up $13,472 (+7.6%) from 2018

Net Income

Down

-$8,229

Down $36,202 (-129%) from 2018

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200K-$400KAssets 2011: $79,211Liabilities 2011: $3,976Net Assets 2011: $75,2352011Assets 2012: $95,829Liabilities 2012: $32,449Net Assets 2012: $63,3802012Assets 2013: $66,520Liabilities 2013: $3,829Net Assets 2013: $62,6912013Assets 2014: $32,765Liabilities 2014: $13,770Net Assets 2014: $18,9952014Assets 2015: $42,469Liabilities 2015: $204Net Assets 2015: $42,2652015Assets 2016: $63,377Liabilities 2016: $6,603Net Assets 2016: $56,7742016Assets 2017: $111,437Liabilities 2017: $12,825Net Assets 2017: $98,6122017Assets 2018: $128,912Liabilities 2018: $2,327Net Assets 2018: $126,5852018Assets 2019: $131,052Liabilities 2019: $12,696Net Assets 2019: $118,3562019Assets 2020: $183,081Liabilities 2020: $80Net Assets 2020: $183,0012020Assets 2021: $202,197Liabilities 2021: $32,531Net Assets 2021: $169,6662021Assets 2022: $117,818Liabilities 2022: $14,550Net Assets 2022: $103,2682022Assets 2023: $101,286Liabilities 2023: $147,861Net Assets 2023: -$46,5752023Assets 2024: $230,400Liabilities 2024: $485,849Net Assets 2024: -$255,4492024

Highlighted filing

2019

Assets$131,052
Liabilities$12,696
Net Assets$118,356

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $169,500Expenses 2011: $169,863Net Income 2011: -$3632011Revenue 2012: $177,000Expenses 2012: $188,855Net Income 2012: -$11,8552012Revenue 2013: $185,400Expenses 2013: $186,089Net Income 2013: -$6892013Revenue 2014: $193,800Expenses 2014: $237,496Net Income 2014: -$43,6962014Revenue 2015: $193,800Expenses 2015: $170,530Net Income 2015: $23,2702015Revenue 2016: $178,665Expenses 2016: $164,156Net Income 2016: $14,5092016Revenue 2017: $213,115Expenses 2017: $171,277Net Income 2017: $41,8382017Revenue 2018: $204,079Expenses 2018: $176,106Net Income 2018: $27,9732018Revenue 2019: $181,349Expenses 2019: $189,578Net Income 2019: -$8,2292019Revenue 2020: $204,114Expenses 2020: $153,719Net Income 2020: $50,3952020Revenue 2021: $174,168Expenses 2021: $187,503Net Income 2021: -$13,3352021Revenue 2022: $125,988Expenses 2022: $192,386Net Income 2022: -$66,3982022Revenue 2023: $161,092Expenses 2023: $310,935Net Income 2023: -$149,8432023Revenue 2024: $489,623Expenses 2024: $698,497Net Income 2024: -$208,8742024

Highlighted filing

2019

Revenue$181,349
Expenses$189,578
Net Income-$8,229
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 16, 2020
Return Version
2019v5.1
Gross Receipts
$181,349
Mission and Program Overview

Mission

To promote the sorptive minerals industry.

To promote the sorptive minerals industry by conducting studies, programs, and projects to improve the use and marketing of the industry's products.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$128,912$127,177▼ $1,735
Prepaid Expenses and Deferred Charges$0$3,875▲ $3,875
Total Assets$128,912$131,052▲ $2,140
Liabilities
Deferred Revenue$1,512$10,931▲ $9,419
Accounts Payable and Accrued Expenses$815$1,765▲ $950
Total Liabilities$2,327$12,696▲ $10,369
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$126,585$118,356▼ $8,229
Total Net Assets Fund Balance$126,585$118,356▼ $8,229
Total Liabilities and Net Assets / Fund Balance$128,912$131,052▲ $2,140
Compensation and Service Providers

Board Members and Trustees

NameTitle
Joe BetuliusPresident
Laura G SchelandVice President
Colin GleasonDirector
Jeff AndersonDirector
Jim PappDirector
Jonas PearceDirector
Michael EknoianDirector
Michelle TadlockDirector
Richard BrownDirector
Thomas AndersonDirector
Bryan NicholsonExecutive Director
Enrique GomezSec/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Association Management StrategiesManagement Services1800 M ST NW, Washington, DC 20036$126,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$181,349
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-8,229
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$189,578
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 Management---$126,000
Conferences and Meetings---$32,287
Information Technology---$17,948
Travel---$4,075
Office Expenses---$3,836
Fees for Services Accounting---$2,875
Insurance---$1,870
Fees for Services Other---$594
Occupancy---$93
Total Functional Expenses$0$0$0$189,578
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
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 3

Association management strategies - provided management services to the organization.

Form 990, Part VI, Section A, Line 6

Active members - any firm or corporation which produces and/or sells sorptive minerals, which are defined to include a variety of clays, specifically attapulgite, bentonite, montmorillonite, and diatomite is eligible for active membership upon approval of the board of directors. Associate members - any firm or corporation who is a manufacturer of supplies of a supplier of services directly related to the sorptive minerals industry. Affiliate members - any individual or organization engaged in the production and/or distribution of industrial minerals, other than absorbent clay minerals used in the applications specified within the bylaws.

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

One representative from each active member is named to the board of directors for a one-year term.

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

The sorptive minerals institute's executive committee reviews the 990 before submission.

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

Reviewed annually at winter meeting.

Form 990, Part VI, Section C, Line 19

UPON WRITTEN REQUEST

Filing and Contact Details

Filer

Filer Name
Sorptive Minerals Institute
EIN
23-7076764
Phone
2022892760
Address
1800 M STREET NW SUITE S400, WASHINGTON, DC 20036

Signing Officer

Name
Bryan Nicholson
Title
Executive Director
Phone
2022892760
Signed
2020-09-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bryan Nicholson
Formed
1970
Legal Domicile
Il
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
11

Preparer

Firm
Gross Mendelsohn & Associates Pa
Address
3877 FAIRFAX RIDGE ROAD SUITE 200N, FAIRFAX, VA 22030
Preparer
Tricia L Thomas
Phone
7035917200
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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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IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXECUTIVE DIR.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ASSOCIATION MANAGEMENT STRATEGIES - PROVIDED MANAGEMENT SERVICES TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVE MEMBERS - ANY FIRM OR CORPORATION WHICH PRODUCES AND/OR SELLS SORPTIVE MINERALS, WHICH ARE DEFINED TO INCLUDE A VARIETY OF CLAYS, SPECIFICALLY ATTAPULGITE, BENTONITE, MONTMORILLONITE, AND DIATOMITE IS ELIGIBLE FOR ACTIVE MEMBERSHIP UPON APPROVAL OF THE BOARD OF DIRECTORS. ASSOCIATE MEMBERS - ANY FIRM OR CORPORATION WHO IS A MANUFACTURER OF SUPPLIES OF A SUPPLIER OF SERVICES DIRECTLY RELATED TO THE SORPTIVE MINERALS INDUSTRY. AFFILIATE MEMBERS - ANY INDIVIDUAL OR ORGANIZATION ENGAGED IN THE PRODUCTION AND/OR DISTRIBUTION OF INDUSTRIAL MINERALS, OTHER THAN ABSORBENT CLAY MINERALS USED IN THE APPLICATIONS SPECIFIED WITHIN THE BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ONE REPRESENTATIVE FROM EACH ACTIVE MEMBER IS NAMED TO THE BOARD OF DIRECTORS FOR A ONE-YEAR TERM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SORPTIVE MINERALS INSTITUTE'S EXECUTIVE COMMITTEE REVIEWS THE 990 BEFORE SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4REVIEWED ANNUALLY AT WINTER MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON WRITTEN REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0128912
IRS990/TotalAssetsEOYAmt0131052
IRS990/TotalAssetsGrp/BOYAmt0128912
IRS990/TotalAssetsGrp/EOYAmt0131052
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0189578
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02327
IRS990/TotalLiabilitiesEOYAmt012696
IRS990/TotalLiabilitiesGrp/BOYAmt02327
IRS990/TotalLiabilitiesGrp/EOYAmt012696
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0126585
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0118356
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0181349
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0181349
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0181349
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt011
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0128912
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0131052
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt04075
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01800 M STREET NW SUITE S400
IRS990/USAddress/CityNm0WASHINGTON
IRS990/USAddress/StateAbbreviationCd0DC
IRS990/USAddress/ZIPCd020036
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.SORPTIVE.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BRYAN NICHOLSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIR.
ReturnHeader/BusinessOfficerGrp/PhoneNum02022892760
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-09-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SORPTIVE MINERALS INSTITUTE
ReturnHeader/Filer/BusinessNameControlTxt0SORP
ReturnHeader/Filer/EIN0237076764
ReturnHeader/Filer/PhoneNum02022892760
ReturnHeader/Filer/USAddress/AddressLine1Txt01800 M STREET NW SUITE S400
ReturnHeader/Filer/USAddress/CityNm0WASHINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd020036
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0919C50FEBD03B5778DB40B50304390055AE4348F
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt096.231.46.113
ReturnHeader/FilingSecurityInformation/IPDt02020-09-16
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm019:53:30
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0520982413
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GROSS MENDELSOHN & ASSOCIATES PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03877 FAIRFAX RIDGE ROAD SUITE 200N
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FAIRFAX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd022030
ReturnHeader/PreparerPersonGrp/PhoneNum07035917200
ReturnHeader/PreparerPersonGrp/PreparationDt02020-08-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TRICIA L THOMAS
ReturnHeader/ReturnTs02020-09-16T19:53:34-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.30$4.86$2.55$4.90$6.98$2.09
2023Detailed filing. Detailed filing data is available for this year.$1.01$1.48$0.47$1.61$3.11$1.50
2022Detailed filing. Detailed filing data is available for this year.$1.18$0.15$1.03$1.26$1.92$0.66
2021Detailed filing. Detailed filing data is available for this year.$2.02$0.33$1.70$1.74$1.88$0.13
2020Detailed filing. Detailed filing data is available for this year.$1.83$0.00$1.83$2.04$1.54$0.50
2019Detailed filing. Detailed filing data is available for this year.$1.31$0.13$1.18$1.81$1.90$0.08
2018Detailed filing. Detailed filing data is available for this year.$1.29$0.02$1.27$2.04$1.76$0.28
2017Detailed filing. Detailed filing data is available for this year.$1.11$0.13$0.99$2.13$1.71$0.42
2016Detailed filing. Detailed filing data is available for this year.$0.63$0.07$0.57$1.79$1.64$0.15
2015Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.42$1.94$1.71$0.23
2014Detailed filing. Detailed filing data is available for this year.$0.33$0.14$0.19$1.94$2.37$0.44
2013Detailed filing. Detailed filing data is available for this year.$0.67$0.04$0.63$1.85$1.86$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.32$0.63$1.77$1.89$0.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.04$0.75$1.70$1.70$0.00