Civic Intelligence

Power-Motion Technology Representatives

990 • Fiscal year 2021 • EIN 23-7267570

Jun 01, 2020 to May 31, 2021 • Filed on Jan 14, 2022

10700 W Highway 55 275Plymouth, MN 55441

(888) 817-7872

Siviq Scores

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

Liabilities / Assets

88th percentile

0.39x

Higher debt load relative to assets than 88% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

84th percentile

0.29x

Higher debt load relative to revenue than 84% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Net Margin

23rd percentile

-9.9%

Higher net margin than 23% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

15th percentile

-18%

Faster asset growth than 15% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

87th percentile

71%

Faster revenue growth than 87% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$219,876

Down $46,738 (-18%) from 2020

Net Assets

Down

$133,352

Down $29,279 (-18%) from 2020

Liabilities

Down

$86,524

Down $17,459 (-17%) from 2020

Revenue

Up

$295,755

Up $122,828 (+71%) from 2020

Expenses

Up

$325,034

Up $181,248 (+126%) from 2020

Net Income

Down

-$29,279

Down $58,420 (-200%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2020: $266,614Liabilities 2020: $103,983Net Assets 2020: $162,6312020Assets 2021: $219,876Liabilities 2021: $86,524Net Assets 2021: $133,3522021Assets 2022: $247,684Liabilities 2022: $104,775Net Assets 2022: $142,9092022Assets 2023: $272,267Liabilities 2023: $99,644Net Assets 2023: $172,6232023Assets 2024: $546,253Liabilities 2024: $312,956Net Assets 2024: $233,2972024

Highlighted filing

2021

Assets$219,876
Liabilities$86,524
Net Assets$133,352

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2020: $172,927Expenses 2020: $143,786Net Income 2020: $29,1412020Revenue 2021: $295,755Expenses 2021: $325,034Net Income 2021: -$29,2792021Revenue 2022: $449,957Expenses 2022: $440,400Net Income 2022: $9,5572022Revenue 2023: $478,042Expenses 2023: $448,328Net Income 2023: $29,7142023Revenue 2024: $568,940Expenses 2024: $508,266Net Income 2024: $60,6742024

Highlighted filing

2021

Revenue$295,755
Expenses$325,034
Net Income-$29,279
Jump To
Filing Snapshot
Filing Period
Jun 1, 2020 to May 31, 2021
Signed
Jan 14, 2022
Return Version
2020v4.0
Gross Receipts
$295,755
Mission and Program Overview

Mission

To promote and advance the science of mechanical power transmission and motion control devices through activities and programs of an educational nature.

To promote and advance the science of mechanical power transmission.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$138,561$111,090▼ $27,471
Savings and Temporary Cash Investments$54,866$54,872▲ $6
Prepaid Expenses and Deferred Charges$73,187$53,914▼ $19,273
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$266,614$219,876▼ $46,738
Other Assets Total-$0-
Liabilities
Deferred Revenue$103,964$82,910▼ $21,054
Accounts Payable and Accrued Expenses$19$3,614▲ $3,595
Total Liabilities$103,983$86,524▼ $17,459
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$139,309$112,222▼ $27,087
Net Assets With Donor Restrictions$23,322$21,130▼ $2,192
Total Net Assets Fund Balance$162,631$133,352▼ $29,279
Total Liabilities and Net Assets / Fund Balance$266,614$219,876▼ $46,738
Compensation and Service Providers

Board Members and Trustees

NameTitle
Peter ListonPresident
Anita KozlowskiDirector
Billy TaylorDirector
Curt BensonDirector
Dan BendellDirector
David MurphyDirector
George DibDirector
John MackenrothDirector
Mathew NeffDirector
Oscar CastilloDirector
RJ EvansDirector
Don Sutfin1st Vice Pres
Andy Simpson2nd Vice Pres
Adam CoolerImmed Past Pres
Royce HerringSecretary
Mike MattisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$295,035
Investment Income
$5
Other Revenue
$715
Change in Net Assets
$-29,279
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$325,034
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
Conferences and Meetings---$197,940
Fees for Services Management---$84,872
Fees for Services Other---$15,300
Other Expenses---$3,620
Insurance---$2,602
All Other Expenses---$1,120
Total Functional Expenses$0$0$0$325,034
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

The organization has members.

Form 990, Part VI, Line 11B: Form 990 Review Process

The 990 is reviewed by the treasurer prior to filing.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Power-motion Technology Representatives
EIN
23-7267570
Phone
8888177872
Address
10700 W Highway 55 275, PLYMOUTH, MN 55441

Signing Officer

Name
Mike Mattis
Title
Treasurer
Signed
2022-01-14
Discuss with paid preparer
Yes

Organization Details

Formed
1972
Legal Domicile
TX
Voting Board Members
16
Independent Board Members
16
Employees
0
Volunteers
45

Preparer

Firm
Barnes Givens & Barnes
Address
200 E Evergreen Ave STE 117, Mount Prospect, IL 60056
Preparer
William J Barnes
Phone
2247642442
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS REVIEWED BY THE TREASURER PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt010700 W Highway 55 275
IRS990/USAddress/CityNm0PLYMOUTH
IRS990/USAddress/StateAbbreviationCd0MN
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Mike Mattis

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