Civic Intelligence

Worksmith Institute

990EZ • Fiscal year 2018 • EIN 25-1722549

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

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

94th percentile

0.93x

Higher debt load relative to assets than 94% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

98th percentile

3.52x

Higher debt load relative to revenue than 98% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

42nd percentile

0.1%

Higher net margin than 42% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

92nd percentile

113%

Faster asset growth than 92% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

76th percentile

26%

Faster revenue growth than 76% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$370,595

Up $196,366 (+113%) from 2017

Net Assets

Up

$27,693

Up $57 (+0.2%) from 2017

Liabilities

Up

$342,902

Up $196,309 (+134%) from 2017

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin42nd percentile

Revenue

Up

$97,362

Up $19,891 (+26%) from 2017

Expenses

Up

$97,305

Up $19,915 (+26%) from 2017

Net Income

Down

$57

Down $24 (-30%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth92nd 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

2018

Assets$370,595
Liabilities$342,902
Net Assets$27,693
Open 2018 Filing

Operations Trend

Revenue Growth76th 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

2018

Revenue$97,362
Expenses$97,305
Net Income$57
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$97,362
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 64 student participants.$95,491$95,491
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
2019-11-14
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: 64 Scholarship Recipients | Cash Amount Given: $95491”

Other Expenses.1

“Telephone $180”

Total Liabilities.1001

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

Total Liabilities.1003

“Deferred Revenue - Beginning $143593 Deferred Revenue - Ending $341102”

Raw XML Appendix161 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/CityNm0Pittsburgh
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Sec./Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Exec. VP/Direc.
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0180
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/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Scholarship Grants were awarded to approximately 64 student participants.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt095491
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt095491
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
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IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0146593
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt097305
IRS990EZ/TotalProgramServiceExpensesAmt095491
IRS990EZ/TotalRevenueAmt097362
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt075673
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt022758
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt068710
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0204015
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0466647
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01871
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0598
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt04
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02473
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01871
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02473
IRS990ScheduleA/InvestmentIncomeCYPct00.00510
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IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99490
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: 64 Scholarship Recipients | Cash Amount Given: $95491
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Telephone $180
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Accounts Payable and Accrued Expenses - Beginning $3000 Accounts Payable and Accrued Expenses - Ending $1800
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Deferred Revenue - Beginning $143593 Deferred Revenue - Ending $341102
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Total Liabilities.1001
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ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0James R Agras
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-14
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/ReturnTs02019-11-14T11:57:27-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$370,595
Liabilities
$342,902
Net assets
$27,693
Revenue
$97,362
Expenses
$97,305
Net income
$57
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