Civic Intelligence

The Transformer Association

990 • Fiscal year 2018 • EIN 23-7357964

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

1300 Sumner AvenueCleveland, OH 44115-2851

(216) 241-7333

Siviq Scores

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

Liabilities / Assets

80th percentile

0.17x

Higher debt load relative to assets than 80% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

80th percentile

0.13x

Higher debt load relative to revenue than 80% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Net Margin

65th percentile

8.8%

Higher net margin than 65% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Assets

$150,690

No earlier filing loaded for comparison.

Net Assets

$124,872

No earlier filing loaded for comparison.

Liabilities

$25,818

No earlier filing loaded for comparison.

Revenue

$203,982

No earlier filing loaded for comparison.

Expenses

$186,055

No earlier filing loaded for comparison.

Net Income

$17,927

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2018: $150,690Liabilities 2018: $25,818Net Assets 2018: $124,8722018Assets 2019: $170,785Liabilities 2019: $41,528Net Assets 2019: $129,2572019Assets 2020: $110,766Liabilities 2020: $3,181Net Assets 2020: $107,5852020Assets 2021: $104,180Liabilities 2021: $11,997Net Assets 2021: $92,1832021Assets 2022: $87,712Liabilities 2022: $23,904Net Assets 2022: $63,8082022Assets 2023: $91,036Liabilities 2023: $43,096Net Assets 2023: $47,9402023Assets 2024: $105,388Liabilities 2024: $40,444Net Assets 2024: $64,9442024

Highlighted filing

2018

Assets$150,690
Liabilities$25,818
Net Assets$124,872

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2018: $203,982Expenses 2018: $186,055Net Income 2018: $17,9272018Revenue 2019: $213,725Expenses 2019: $201,503Net Income 2019: $12,2222019Revenue 2020: $87,349Expenses 2020: $100,105Net Income 2020: -$12,7562020Revenue 2021: $124,442Expenses 2021: $134,864Net Income 2021: -$10,4222021Revenue 2022: $186,318Expenses 2022: $210,113Net Income 2022: -$23,7952022Revenue 2023: $223,393Expenses 2023: $234,776Net Income 2023: -$11,3832023Revenue 2024: $239,651Expenses 2024: $214,972Net Income 2024: $24,6792024

Highlighted filing

2018

Revenue$203,982
Expenses$186,055
Net Income$17,927
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$203,982
Mission and Program Overview

Mission

To strengthen the transformer industry in north america and to be the voice of the industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$151,651$123,268▼ $28,383
Accounts Receivable$10,314$14,629▲ $4,315
Prepaid Expenses and Deferred Charges$6,886$12,793▲ $5,907
Total Assets$168,851$150,690▼ $18,161
Liabilities
Accounts Payable and Accrued Expenses$61,358$24,997▼ $36,361
Deferred Revenue$548$821▲ $273
Total Liabilities$61,906$25,818▼ $36,088
Net Assets / Fund Balance
Unrestricted Net Assets$106,945$124,872▲ $17,927
Total Net Assets Fund Balance$106,945$124,872▲ $17,927
Total Liabilities and Net Assets / Fund Balance$168,851$150,690▼ $18,161
Compensation and Service Providers

Board Members and Trustees

NameTitle
Susan GrahamPast President
Alex GianarasPresident
Brian WellsVice President
Bob RossDirector
Joe AshleyDirector
John HornerDirector
Laila DurbanDirector
Robert PrescottDirector
Will DullDirector
Blain GraySecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$95,519
Program Service Revenue
$108,463
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$17,927
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$186,055
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---$86,232
Fees for Services Management---$62,320
Travel---$5,570
Fees for Services Accounting---$4,530
Other Expenses---$2,158
All Other Expenses---$1,026
Insurance---$608
Fees for Services Legal---$360
Total Functional Expenses$0$0$0$186,055
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
Annual disclosure for covered persons
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The association is managed by thomas associates, inc., who provides all supporting and management duties.

Form 990, Part VI, Section A, Line 6

The association has the following classes of membership manufacturer: any business entity manufacturing industry products. (industry products include electromagnetic devices, such as transformers and inductors.) industry suppliers: any business entity supplying products or services for manufacturer members. Ima working group: any business entity who is a manufacturer or distributor of soft magnetic products. Safety agency: any business entity with the primary function of writing safety standards, providing safety certification and/or safety testing related to products manufactured by manufacturer or industry supplier members: this is a non-voting classification intended to promote full participation by safety agency members in the work and activities of the association. Education: any person representing a not-for-profit involved in research, education, and/or instruction of transformers or related products. Honorary membership: non-voting membership of persons whose contributions to the transformer industry are recognized by the board of directors of the association. Honorary members have attended previous tta meetings and have been employed by an entity who held membership in tta at some point in time. Honorary membership is a non-dues paying membership category.

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

Manufacturer members shall have all of the privileges of membership, including voting and holding elective office. Industry supplier and ima working group members shall have all of the privileges of membership including voting and holding elective office. Safety agency and education members shall have all the privileges of membership enjoyed by industry members, except that of voting and holding elective office. For prudential reasons, the board of directors may, at its discretion, exclude participation by safety agency members in certain committees such as the tta/ul policy committees. The board of directors shall be composed of the president, vice president, secretary-treasurer, immediate past president and six elective directors, 3 manufacturers, one of which will be the technical committee chairman, 3 supplier members, one of which will be an ima group member, but only if there are a minimum of (5) ima group members.

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

The form 990 is prepared by an independent cpa and reviewed by staff and the executive director.

Form 990, Part VI, Section B, Line 15

The fees for independent contractors are determined by and approved by the board of directors. Competitve quotes were obtained when requested.

Form 990, Part VI, Section C, Line 19

The governing documents, policies and financial statements (form 990) are available upon request.

Filing and Contact Details

Filer

Filer Name
The Transformer Association
EIN
23-7357964
Phone
2162417333
Address
1300 SUMNER AVENUE, CLEVELAND, OH 44115-2851

Signing Officer

Name
Melissa Allay
Title
Executive Director
Phone
2162417333
Signed
2019-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alex Gianaras
Formed
1974
Legal Domicile
Il
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
87

Preparer

Firm
Ciuni & Panichi Inc
Address
25201 CHAGRIN BLVD 200, CLEVELAND, OH 44122-5683
Preparer
Herzl Ginsburg CPA
Phone
2168317171
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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/TitleTxt3DIRECTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION IS MANAGED BY THOMAS ASSOCIATES, INC., WHO PROVIDES ALL SUPPORTING AND MANAGEMENT DUTIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ASSOCIATION HAS THE FOLLOWING CLASSES OF MEMBERSHIP MANUFACTURER: ANY BUSINESS ENTITY MANUFACTURING INDUSTRY PRODUCTS. (INDUSTRY PRODUCTS INCLUDE ELECTROMAGNETIC DEVICES, SUCH AS TRANSFORMERS AND INDUCTORS.) INDUSTRY SUPPLIERS: ANY BUSINESS ENTITY SUPPLYING PRODUCTS OR SERVICES FOR MANUFACTURER MEMBERS. IMA WORKING GROUP: ANY BUSINESS ENTITY WHO IS A MANUFACTURER OR DISTRIBUTOR OF SOFT MAGNETIC PRODUCTS. SAFETY AGENCY: ANY BUSINESS ENTITY WITH THE PRIMARY FUNCTION OF WRITING SAFETY STANDARDS, PROVIDING SAFETY CERTIFICATION AND/OR SAFETY TESTING RELATED TO PRODUCTS MANUFACTURED BY MANUFACTURER OR INDUSTRY SUPPLIER MEMBERS: THIS IS A NON-VOTING CLASSIFICATION INTENDED TO PROMOTE FULL PARTICIPATION BY SAFETY AGENCY MEMBERS IN THE WORK AND ACTIVITIES OF THE ASSOCIATION. EDUCATION: ANY PERSON REPRESENTING A NOT-FOR-PROFIT INVOLVED IN RESEARCH, EDUCATION, AND/OR INSTRUCTION OF TRANSFORMERS OR RELATED PRODUCTS. HONORARY MEMBERSHIP: NON-VOTING MEMBERSHIP OF PERSONS WHOSE CONTRIBUTIONS TO THE TRANSFORMER INDUSTRY ARE RECOGNIZED BY THE BOARD OF DIRECTORS OF THE ASSOCIATION. HONORARY MEMBERS HAVE ATTENDED PREVIOUS TTA MEETINGS AND HAVE BEEN EMPLOYED BY AN ENTITY WHO HELD MEMBERSHIP IN TTA AT SOME POINT IN TIME. HONORARY MEMBERSHIP IS A NON-DUES PAYING MEMBERSHIP CATEGORY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MANUFACTURER MEMBERS SHALL HAVE ALL OF THE PRIVILEGES OF MEMBERSHIP, INCLUDING VOTING AND HOLDING ELECTIVE OFFICE. INDUSTRY SUPPLIER AND IMA WORKING GROUP MEMBERS SHALL HAVE ALL OF THE PRIVILEGES OF MEMBERSHIP INCLUDING VOTING AND HOLDING ELECTIVE OFFICE. SAFETY AGENCY AND EDUCATION MEMBERS SHALL HAVE ALL THE PRIVILEGES OF MEMBERSHIP ENJOYED BY INDUSTRY MEMBERS, EXCEPT THAT OF VOTING AND HOLDING ELECTIVE OFFICE. FOR PRUDENTIAL REASONS, THE BOARD OF DIRECTORS MAY, AT ITS DISCRETION, EXCLUDE PARTICIPATION BY SAFETY AGENCY MEMBERS IN CERTAIN COMMITTEES SUCH AS THE TTA/UL POLICY COMMITTEES. THE BOARD OF DIRECTORS SHALL BE COMPOSED OF THE PRESIDENT, VICE PRESIDENT, SECRETARY-TREASURER, IMMEDIATE PAST PRESIDENT AND SIX ELECTIVE DIRECTORS, 3 MANUFACTURERS, ONE OF WHICH WILL BE THE TECHNICAL COMMITTEE CHAIRMAN, 3 SUPPLIER MEMBERS, ONE OF WHICH WILL BE AN IMA GROUP MEMBER, BUT ONLY IF THERE ARE A MINIMUM OF (5) IMA GROUP MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS PREPARED BY AN INDEPENDENT CPA AND REVIEWED BY STAFF AND THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FEES FOR INDEPENDENT CONTRACTORS ARE DETERMINED BY AND APPROVED BY THE BOARD OF DIRECTORS. COMPETITVE QUOTES WERE OBTAINED WHEN REQUESTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS (FORM 990) ARE AVAILABLE UPON 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 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0168851
IRS990/TotalAssetsEOYAmt0150690
IRS990/TotalAssetsGrp/BOYAmt0168851
IRS990/TotalAssetsGrp/EOYAmt0150690
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt095519
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0186055
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt061906
IRS990/TotalLiabilitiesEOYAmt025818
IRS990/TotalLiabilitiesGrp/BOYAmt061906
IRS990/TotalLiabilitiesGrp/EOYAmt025818
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0106945
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0124872
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0108463
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0108463
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0203982
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt087
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0168851
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0150690
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt05570
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0106945
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0124872
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01300 SUMNER AVENUE
IRS990/USAddress/CityNm0CLEVELAND
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd0441152851
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.TRANSFORMER-ASSN.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-04-17 16:48:07Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MELISSA ALLAY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02162417333
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE TRANSFORMER ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0TRAN
ReturnHeader/Filer/EIN0237357964
ReturnHeader/Filer/PhoneNum02162417333
ReturnHeader/Filer/USAddress/AddressLine1Txt01300 SUMNER AVENUE
ReturnHeader/Filer/USAddress/CityNm0CLEVELAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd0441152851
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId01382866967AD0BFCCABD858BC15481FAF228E214
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0C14144C7A7F3BF1A7274F0AF3E30B2ED08E2EA2A
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0162.155.232.54
ReturnHeader/FilingSecurityInformation/IPDt02019-11-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm015:48:18
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0341322309
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CIUNI & PANICHI INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt025201 CHAGRIN BLVD 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CLEVELAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0441225683
ReturnHeader/PreparerPersonGrp/PhoneNum02168317171
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HERZL GINSBURG CPA
ReturnHeader/ReturnTs02019-11-15T11:21:59-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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