Civic Intelligence

Worksmith Institute

990EZ • Fiscal year 2017 • EIN 25-1722549

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 08, 2018

Organization ProfileN/A
127 Anderson StreetPittsburgh, PA 15212

(412) 359-1000

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.84x

Higher debt load relative to assets than 93% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

97th percentile

1.89x

Higher debt load relative to revenue than 97% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

42nd percentile

0.1%

Higher net margin than 42% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

96th percentile

250%

Faster asset growth than 96% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

96th percentile

193%

Faster revenue growth than 96% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Up

$174,229

Up $124,407 (+250%) from 2016

Net Assets

Up

$27,636

Up $81 (+0.3%) from 2016

Liabilities

Up

$146,593

Up $124,326 (+558%) from 2016

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin42nd percentile

Revenue

Up

$77,471

Up $51,002 (+193%) from 2016

Expenses

Up

$77,390

Up $49,682 (+179%) from 2016

Net Income

Up

$81

Up $1,320 (+107%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

$400K$300K$200K$100K$0Assets 2016: $49,822Liabilities 2016: $22,267Net Assets 2016: $27,5552016Assets 2017: $174,229Liabilities 2017: $146,593Net Assets 2017: $27,6362017Assets 2018: $370,595Liabilities 2018: $342,902Net Assets 2018: $27,6932018Assets 2019: $153,577Liabilities 2019: $127,571Net Assets 2019: $26,0062019Assets 2020: $78,135Liabilities 2020: $55,820Net Assets 2020: $22,3152020Assets 2021: $39,072Liabilities 2021: $16,333Net Assets 2021: $22,7392021Assets 2022: $38,977Liabilities 2022: $16,333Net Assets 2022: $22,6442022Assets 2023: $320,269Liabilities 2023: $0Net Assets 2023: $320,2692023Assets 2024: $57,922Liabilities 2024: $0Net Assets 2024: $57,9222024

Highlighted filing

2017

Assets$174,229
Liabilities$146,593
Net Assets$27,636
Open 2017 Filing

Operations Trend

Revenue Growth96th percentile

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

$1.0M$500K$0-$500KRevenue 2016: $26,469Expenses 2016: $27,708Net Income 2016: -$1,2392016Revenue 2017: $77,471Expenses 2017: $77,390Net Income 2017: $812017Revenue 2018: $97,362Expenses 2018: $97,305Net Income 2018: $572018Revenue 2019: $521,624Expenses 2019: $523,311Net Income 2019: -$1,6872019Revenue 2020: $375,630Expenses 2020: $379,321Net Income 2020: -$3,6912020Revenue 2021: $30,396Expenses 2021: $29,972Net Income 2021: $4242021Revenue 2022: $85Expenses 2022: $180Net Income 2022: -$952022Revenue 2023: $501,847Expenses 2023: $220,556Net Income 2023: $281,2912023Revenue 2024: $302,841Expenses 2024: $565,188Net Income 2024: -$262,3472024

Highlighted filing

2017

Revenue$77,471
Expenses$77,390
Net Income$81
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 8, 2018
Return Version
2017v2.2
Gross Receipts
$77,471
Mission and Program Overview

Mission

Worksmith Institute serves as the administrative entity for public and private grant funds for the purpose of providing financial support for students of the Commonwealth of Pennsylvania enrolled in post-secondary educational programs which prepare them to enter the work force. The students targeted are those who have financial needs not met through other sources.

Program Services

DescriptionGrantsExpenses
Scholarship Grants were awarded to approximately 50 student participants.$75,673$75,673
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
James R AgrasPres./Director-$0--
Electra P AgrasSec./Director-$0--
Timothy J McMahonExec. VP/Direc.-$0--
Filing and Contact Details

Filer

Filer Name
Worksmith Institute
EIN
25-1722549
Phone
4123591000
Address
127 Anderson Street, Pittsburgh, PA 15212

Signing Officer

Name
James R Agras
Title
President
Signed
2018-11-08
Discuss with paid preparer
Yes

Preparer

Firm
C J Panagulias & Co
Address
127 Anderson Street Ste 127, Pittsburgh, PA 15212
Preparer
Robert G Panagulias
Phone
4123219428
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

“| Donee's Name: 50 Scholarship Recipients | Cash Amount Given: $75673”

Other Expenses.1002

“Office Expenses $417”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $1800 Accounts Payable and Accrued Expenses - Ending $3000”

Total Liabilities.1003

“Deferred Revenue - Beginning $20467 Deferred Revenue - Ending $143593”

Raw XML Appendix162 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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IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Exec. VP/Direc.
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0417
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Worksmith Institute serves as the administrative entity for public and private grant funds for the purpose of providing financial support for students of the Commonwealth of Pennsylvania enrolled in post-secondary educational programs which prepare them to enter the work force. The students targeted are those who have financial needs not met through other sources.
IRS990EZ/ProgramServiceRevenueAmt01200
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Scholarship Grants were awarded to approximately 50 student participants.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt075673
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt075673
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt022267
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0146593
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt077390
IRS990EZ/TotalProgramServiceExpensesAmt075673
IRS990EZ/TotalRevenueAmt077471
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt075673
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt022758
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt068710
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0204015
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt020324
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0391480
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0598
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt04
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt027100
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0598
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IRS990ScheduleA/InvestmentIncomeCYPct00.00140
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99860
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IRS990ScheduleA/PublicSupportTotal509Amt0418580
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: 50 Scholarship Recipients | Cash Amount Given: $75673
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $417
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Accounts Payable and Accrued Expenses - Beginning $1800 Accounts Payable and Accrued Expenses - Ending $3000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Deferred Revenue - Beginning $20467 Deferred Revenue - Ending $143593
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
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ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0James R Agras
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Worksmith Institute
ReturnHeader/Filer/BusinessNameControlTxt0WORK
ReturnHeader/Filer/EIN0251722549
ReturnHeader/Filer/PhoneNum04123591000
ReturnHeader/Filer/USAddress/AddressLine1Txt0127 Anderson Street
ReturnHeader/Filer/USAddress/CityNm0Pittsburgh
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd015212
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0251252908
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0C J Panagulias & Co
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0127 Anderson Street Ste 127
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Pittsburgh
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd015212
ReturnHeader/PreparerPersonGrp/PhoneNum04123219428
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Robert G Panagulias
ReturnHeader/ReturnTs02018-11-08T09:36:59-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$174,229
Liabilities
$146,593
Net assets
$27,636
Revenue
$77,471
Expenses
$77,390
Net income
$81
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$3.03$5.65$2.62
2023Detailed filing. Detailed filing data is available for this year.$3.20$0.00$3.20$5.02$2.21$2.81
2022Detailed filing. Detailed filing data is available for this year.$0.39$0.16$0.23$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.39$0.16$0.23$0.30$0.30$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.78$0.56$0.22$3.76$3.79$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.54$1.28$0.26$5.22$5.23$0.02
2018Detailed filing. Detailed filing data is available for this year.$3.71$3.43$0.28$0.97$0.97$0.00
2017Detailed filing. Detailed filing data is available for this year.$1.74$1.47$0.28$0.77$0.77$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.50$0.22$0.28$0.26$0.28$0.01