Civic Intelligence

The Refractories Institute

EIN 25-0981708 • 501(c)6 • Glen Ellyn, IL

Profile

The institute provides formalized methods of indentifying and promoting critical issues which impact the refractory industry.

800 Roosevelt Road Building C 312Glen Ellyn, IL 60137

refractoriesinstitute.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

41st percentile

0.02x

Higher debt load relative to assets than 41% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

44th percentile

0.02x

Higher debt load relative to revenue than 44% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Net Margin

46th percentile

2.3%

Higher net margin than 46% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

19th percentile

-9.9%

Faster asset growth than 19% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Revenue Growth

67th percentile

13%

Faster revenue growth than 67% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Assets

Down

$704,953

Down $33,324 (-4.5%) from 2023

Liabilities

Down

$11,411

Down $32,981 (-74%) from 2023

Net Assets

Down

$693,542

Down $343 (-0.0%) from 2023

Revenue

Up

$484,614

Up $131,117 (+37%) from 2023

Expenses

Down

$473,526

Down $58,810 (-11%) from 2023

Net Income

Up

$11,088

Up $189,927 (+106%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2014: $1,298,968Liabilities 2014: $41,021Net Assets 2014: $1,257,9472014Assets 2015: $1,299,181Liabilities 2015: $17,707Net Assets 2015: $1,281,4742015Assets 2016: $1,356,515Liabilities 2016: $53,085Net Assets 2016: $1,303,4302016Assets 2017: $1,346,153Liabilities 2017: $12,450Net Assets 2017: $1,333,7032017Assets 2018: $1,173,186Liabilities 2018: $101,379Net Assets 2018: $1,071,8072018Assets 2019: $1,202,254Liabilities 2019: $27,163Net Assets 2019: $1,175,0912019Assets 2020: $1,272,340Liabilities 2020: $71,961Net Assets 2020: $1,200,3792020Assets 2021: $1,320,650Liabilities 2021: $79,794Net Assets 2021: $1,240,8562021Assets 2022: $867,767Liabilities 2022: $48,674Net Assets 2022: $819,0932022Assets 2023: $738,277Liabilities 2023: $44,392Net Assets 2023: $693,8852023Assets 2024: $704,953Liabilities 2024: $11,411Net Assets 2024: $693,5422024

Highlighted filing

2024

Assets$704,953
Liabilities$11,411
Net Assets$693,542

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2014: $424,891Expenses 2014: $499,411Net Income 2014: -$74,5202014Revenue 2015: $496,790Expenses 2015: $425,813Net Income 2015: $70,9772015Revenue 2016: $454,671Expenses 2016: $480,914Net Income 2016: -$26,2432016Revenue 2017: $479,426Expenses 2017: $550,679Net Income 2017: -$71,2532017Revenue 2018: $531,380Expenses 2018: $581,601Net Income 2018: -$50,2212018Revenue 2019: $439,193Expenses 2019: $499,544Net Income 2019: -$60,3512019Revenue 2020: $287,240Expenses 2020: $384,677Net Income 2020: -$97,4372020Revenue 2021: $456,585Expenses 2021: $452,760Net Income 2021: $3,8252021Revenue 2022: $379,302Expenses 2022: $541,433Net Income 2022: -$162,1312022Revenue 2023: $353,497Expenses 2023: $532,336Net Income 2023: -$178,8392023Revenue 2024: $484,614Expenses 2024: $473,526Net Income 2024: $11,0882024

Highlighted filing

2024

Revenue$484,614
Expenses$473,526
Net Income$11,088

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 24, 2025
Return Version
2024v5.2
Gross Receipts
$907,306
Mission and Program Overview

Mission

The institute provides formalized methods of indentifying and promoting critical issues which impact the refractory industry.

The refractories institute was established by the refractories industry. (see schedule o)

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$701,842$646,365▼ $55,477
Cash and Non-Interest-Bearing Accounts$6,454$23,931▲ $17,477
Savings and Temporary Cash Investments$23,245$22,157▼ $1,088
Accounts Receivable$4,125$12,500▲ $8,375
Prepaid Expenses and Deferred Charges$2,611$0▼ $2,611
Total Assets$738,277$704,953▼ $33,324
Liabilities
Accounts Payable and Accrued Expenses$44,392$11,411▼ $32,981
Total Liabilities$44,392$11,411▼ $32,981
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$693,885$693,542▼ $343
Total Net Assets Fund Balance$693,885$693,542▼ $343
Total Liabilities and Net Assets / Fund Balance$738,277$704,953▼ $33,324
Compensation and Service Providers

Board Members and Trustees

NameTitle
Paul JamiesonPast President
Brad TaylorPresident
Brian OsborneVice President
Ken MoodyDirector
Kyle DupuisDirector
Mike DeluciaDirector
Steve NockDirector
Duane DebastianiOfficer
Lou GoltermannOfficer
Ross WilkinsOfficer
Steven AshlockOfficer

Highest Paid Contractors

ContractorServicesLocationCompensation
Thomas Associates INCManagement1300 SUMNER AVE, Cleveland, OH 44115$226,500
Revenue and Support

Revenue Composition

Contributions and Grants
$270,650
Program Service Revenue
$122,640
Investment Income
$91,324
Other Revenue
$0
Change in Net Assets
$11,088

Audited Revenue Reconciliation

Revenue per Audited Statements
$484,614
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-11,431
Total Revenue per Audited Statements
$473,183
Total Revenue per Form 990
$484,614
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$458,526
Grants and Similar Amounts Paid$15,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management---$226,500
Conferences and Meetings---$130,181
Fees for Services Legal---$43,181
Grants to Domestic Individuals---$15,000
Travel---$14,549
Fees for Services Accounting---$8,235
Fees for Service Investment Mgmnt Fees---$6,454
Insurance---$2,941
Other Expenses---$386
Total Functional Expenses$0$0$0$473,526

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$473,526
Total Expenses per Audited Statements$473,526
Total Expenses per Form 990$473,526
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Audit committee
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
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 institute is managed by thomas associates, inc., who provides all supporting and management duties.

Form 990, Part VI, Section A, Line 4

Modification of article iii, section 3.2 (d)

Form 990, Part VI, Section A, Line 6

The institute membership consists of companies in the refractories industry. Each manufacturer member is allowed to have a seat on the board of directors, but they are not required to be represented, it is their choice. Associate members elect an associate member chair and vice chair. The chair represents the associate members on the executive committee and both the chair and vice chair represent the associate members on the board of directors. All board members have equal voting rights and membership dues are determined based upon revenues of each individual company.

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

The refractories institute holds elections biannually at its spring meeting every two years. All manufacturer members provide a board representative to serve on the board. Each member has an equal vote in the selection of the board of directors and the executive committee and officers of the institute.

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

The form 990 is prepared by an independent accountant and reviewed by staff and the executive manager.

Form 990, Part VI, Section C, Line 19

Governing documents, policy positions and financial statements are available at the institute's office on request.

Filing and Contact Details

Filer

Filer Name
The Refractories Institute
EIN
25-0981708
Phone
2162417333
Address
800 ROOSEVELT ROAD BUILDING C 312, GLEN ELLYN, IL 60137

Signing Officer

Name
Melissa Allay
Title
Executive Director
Phone
2162417333
Signed
2025-10-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Jamieson
Formed
1951
Legal Domicile
Pa
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
29

Preparer

Firm
Ciuni & Panichi Inc
Address
25201 CHAGRIN BLVD 200, CLEVELAND, OH 44122-5683
Preparer
Anthony J Constantine CPA
Phone
2168317171
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

The mission of the refractories institute is to provide formalized methods of identifying and addressing the critical issues, which severely impact the refractories industry. In support of the primary exempt purpose, the refractories institute promoted the image of the refractories industry as a supplier of products vital to all industry, conducted research to develop and improve methods for testing refractory materials and matters related thereto and other research and testing as may be helpful to the industry and conferred and cooperated with government agencies and other official bodies in the interest of the public and the industry. During the year ended december 31, 2024, the refractories institute provided services to its member companies in the united states, canada, mexico and latin america.

Financial Statement Notes

PART X, LINE 2:

The provisions of "accounting for uncertainty in income taxes" prescribe a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. The amount recognized is measured as the amount of the benefit that is greater than 50% likely of being realized upon ultimate settlement. The institute recognizes interest and penalties accrued, if any, related to unrecognized tax uncertainties in income tax expense. The institute has determined that there are no material uncertain tax positions.

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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/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0532336
IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990/ReconcilationRevenueExpnssAmt011088
IRS990/RelatedEntityInd00
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IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PROVISIONS OF "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" PRESCRIBE A RECOGNITION THRESHOLD AND A MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FOR THOSE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE AMOUNT RECOGNIZED IS MEASURED AS THE AMOUNT OF THE BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE INSTITUTE RECOGNIZES INTEREST AND PENALTIES ACCRUED, IF ANY, RELATED TO UNRECOGNIZED TAX UNCERTAINTIES IN INCOME TAX EXPENSE. THE INSTITUTE HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0SCHOLARSHIPS ARE AVAILABLE TO COLLEGE UNDERGRADUATE OR GRADUATE STUDENTS STUDYING IN NORTH AMERICA WHO WILL BE ENROLLED FULL TIME FOR THE 2025-2026 ACADEMIC YEAR IN PURSUIT OF AN UNDERGRADUATE OR ADVANCED DEGREE IN CERAMIC ENGINEERING, MATERIALS SCIENCE, OR SIMILAR DISCIPLINE. ELIGIBILITY - WE REQUIRE APPLICANTS TO SUBMIT CERTIFIED ACADEMIC TRANSCRIPTS. CERTIFIED ACADEMIC TRANSCRIPTS ARE RETAINED, AND W-9 IS ON FILE FOR THE COLLEGE OR UNIVERSITY TO WHICH FUNDS ARE ISSUED ON BEHALF OF THE STUDENT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
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IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF THE REFRACTORIES INSTITUTE IS TO PROVIDE FORMALIZED METHODS OF IDENTIFYING AND ADDRESSING THE CRITICAL ISSUES, WHICH SEVERELY IMPACT THE REFRACTORIES INDUSTRY. IN SUPPORT OF THE PRIMARY EXEMPT PURPOSE, THE REFRACTORIES INSTITUTE PROMOTED THE IMAGE OF THE REFRACTORIES INDUSTRY AS A SUPPLIER OF PRODUCTS VITAL TO ALL INDUSTRY, CONDUCTED RESEARCH TO DEVELOP AND IMPROVE METHODS FOR TESTING REFRACTORY MATERIALS AND MATTERS RELATED THERETO AND OTHER RESEARCH AND TESTING AS MAY BE HELPFUL TO THE INDUSTRY AND CONFERRED AND COOPERATED WITH GOVERNMENT AGENCIES AND OTHER OFFICIAL BODIES IN THE INTEREST OF THE PUBLIC AND THE INDUSTRY. DURING THE YEAR ENDED DECEMBER 31, 2024, THE REFRACTORIES INSTITUTE PROVIDED SERVICES TO ITS MEMBER COMPANIES IN THE UNITED STATES, CANADA, MEXICO AND LATIN AMERICA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE INSTITUTE IS MANAGED BY THOMAS ASSOCIATES, INC., WHO PROVIDES ALL SUPPORTING AND MANAGEMENT DUTIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MODIFICATION OF ARTICLE III, SECTION 3.2 (D)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE INSTITUTE MEMBERSHIP CONSISTS OF COMPANIES IN THE REFRACTORIES INDUSTRY. EACH MANUFACTURER MEMBER IS ALLOWED TO HAVE A SEAT ON THE BOARD OF DIRECTORS, BUT THEY ARE NOT REQUIRED TO BE REPRESENTED, IT IS THEIR CHOICE. ASSOCIATE MEMBERS ELECT AN ASSOCIATE MEMBER CHAIR AND VICE CHAIR. THE CHAIR REPRESENTS THE ASSOCIATE MEMBERS ON THE EXECUTIVE COMMITTEE AND BOTH THE CHAIR AND VICE CHAIR REPRESENT THE ASSOCIATE MEMBERS ON THE BOARD OF DIRECTORS. ALL BOARD MEMBERS HAVE EQUAL VOTING RIGHTS AND MEMBERSHIP DUES ARE DETERMINED BASED UPON REVENUES OF EACH INDIVIDUAL COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE REFRACTORIES INSTITUTE HOLDS ELECTIONS BIANNUALLY AT ITS SPRING MEETING EVERY TWO YEARS. ALL MANUFACTURER MEMBERS PROVIDE A BOARD REPRESENTATIVE TO SERVE ON THE BOARD. EACH MEMBER HAS AN EQUAL VOTE IN THE SELECTION OF THE BOARD OF DIRECTORS AND THE EXECUTIVE COMMITTEE AND OFFICERS OF THE INSTITUTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT AND REVIEWED BY STAFF AND THE EXECUTIVE MANAGER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS, POLICY POSITIONS AND FINANCIAL STATEMENTS ARE AVAILABLE AT THE INSTITUTE'S OFFICE ON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
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IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
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IRS990/WebsiteAddressTxt0REFRACTORIESINSTITUTE.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MELISSA ALLAY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02162417333
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE REFRACTORIES INSTITUTE
ReturnHeader/Filer/BusinessNameControlTxt0REFR
ReturnHeader/Filer/EIN0250981708
ReturnHeader/Filer/PhoneNum02162417333
ReturnHeader/Filer/USAddress/AddressLine1Txt0800 ROOSEVELT ROAD BUILDING C 312
ReturnHeader/Filer/USAddress/CityNm0GLEN ELLYN
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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/PreparationDt02025-10-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANTHONY J CONSTANTINE CPA
ReturnHeader/ReturnTs02025-10-28T08:25:06-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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