Liabilities / Assets
90th percentile
Higher debt load relative to assets than 90% of similar nonprofits.
Pump Systems Matter Inc
EIN 27-3127367 • 501(c)3 • Parsipanny, NJ
Profile
The organization develops and offers professional development courses, tools and materials to raise awareness of the opportunities and benefits of pump systems optimization.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.73x
Liabilities / Revenue
86th percentile
Higher debt load relative to revenue than 86% of similar nonprofits.
Net Margin
59th percentile
Higher net margin than 59% of similar nonprofits.
Top Officer Pay
99th percentile
Higher top officer pay than 99% of similar nonprofits.
Top officer pay equals 59.3% of source-year revenue.
Asset Growth
12th percentile
Faster asset growth than 12% of similar nonprofits.
Revenue Growth
64th percentile
Faster revenue growth than 64% of similar nonprofits.
Balance Sheet
Assets
Down$498,470
Down $114,046 (-19%) from 2023
Liabilities
Down$363,959
Down $185,378 (-34%) from 2023
Net Assets
Up$134,511
Up $71,332 (+113%) from 2023
Revenue
Up$803,968
Up $182,423 (+29%) from 2023
Expenses
Up$732,636
Up $55,102 (+8.1%) from 2023
Net Income
Up$71,332
Up $127,321 (+227%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $498,470
- Liabilities
- $363,959
- Net assets
- $134,511
- Revenue
- $803,968
- Expenses
- $732,636
- Net income
- $71,332
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Nov 10, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $803,968
Mission and Program Overview
Mission
To develop and provide professional development courses, tools and materials to raise awareness of the opportunities and benefits of pump systems optimization.
The organization develops and offers professional development courses, tools and materials to raise awareness of the opportunities and benefits of pump systems optimization.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $611,134 | $498,445 | ▼ $112,689 |
| Accounts Receivable | $1,382 | $25 | ▼ $1,357 |
| Savings and Temporary Cash Investments | - | $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 | - |
| Prepaid Expenses and Deferred Charges | - | $0 | - |
| Total Assets | $612,516 | $498,470 | ▼ $114,046 |
| Other Assets Total | - | $0 | - |
| Liabilities | |||
| Other Liabilities | $494,278 | $293,081 | ▼ $201,197 |
| Deferred Revenue | $51,559 | $70,878 | ▲ $19,319 |
| Accounts Payable and Accrued Expenses | $3,500 | - | - |
| Total Liabilities | $549,337 | $363,959 | ▼ $185,378 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $63,179 | $134,511 | ▲ $71,332 |
| Total Net Assets Fund Balance | $63,179 | $134,511 | ▲ $71,332 |
| Total Liabilities and Net Assets / Fund Balance | $612,516 | $498,470 | ▼ $114,046 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Michael Michaud | Executive Director | PT | $59,903 | $35,494 | $95,397 |
Board Members and Trustees
| Name | Title |
|---|---|
| Scott Tystad | Chairman |
| Jack Claxton | Vice President |
| Greg Case | Director |
| Kelly Tappa | Director |
| Kristen Aramthanapon | Director |
| Matt Derner | Director |
| Randy Stevens | Director |
| Tammy Moskal | Director |
| Tomas Dobrovolskis | Director |
| Zeljko Terzic | Director |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $803,968
- Investment Income
- $0
- Other Revenue
- $0
- Change in Net Assets
- $71,332
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $508,672 |
| Other Expenses | $223,964 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $319,781 | - | - | $319,781 |
| Other Salaries and Wages | $188,891 | - | - | $188,891 |
| Travel | $63,322 | - | - | $63,322 |
| Information Technology | $55,572 | - | - | $55,572 |
| Office Expenses | $17,880 | $3,155 | - | $21,035 |
| Occupancy | $16,421 | $2,898 | - | $19,319 |
| Fees for Services Legal | $11,964 | - | - | $11,964 |
| Advertising | $11,392 | - | - | $11,392 |
| Insurance | $9,210 | $1,626 | - | $10,836 |
| Fees for Services Accounting | $5,848 | $1,032 | - | $6,880 |
| Other Expenses | $2,370 | - | - | $2,370 |
| Depreciation Depletion | $1,147 | $203 | - | $1,350 |
| Total Functional Expenses | $723,722 | $8,914 | $0 | $732,636 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Insider Transactions and Loans
Loans and Receivables
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Intercompany | $293,081 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- 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
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- Yes
- Other officer compensation reviewed
- Yes
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- Yes
- Key decisions subject to board approval
- No
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Section B, Line 11B
“Form 990 is provided in draft form to the members of the finance/audit committee for review and comment. The final draft is reviewed by the controller, executive director and finance/audit committee prior to its filing.”
Form 990, Part VI, Section C, Line 19
“By-laws and many company policies and procedures are available on the company website. Financial statements are available upon request.”
Form 990, Part VI, Line 11B - Form 990 Process Review
“Form 990 is provided in draft form to the members of the finance/audit committee for review and comment. The final draft is reviewed by the controller, executive director, and finance/audit committee prior to its filing.”
Form 990, Part VI, Line 12C - Enforcement of Conflicts Policy
“Directors, officers, and employees have a continuing duty to disclose conflicts of interest as they arise. A copy of this policy is furnished for each director, officer, and employee who is presently serving pump systems matter, inc. And is included in the orientation package of all future directors, officers, and employees. All directors and officers annually, and employees upon employment, sign acknowledgments that they have received a copy of, understand, and will comply with this policy.”
Form 990, Part VI, Line 15A - Compensation Process for Top Official
“The ceo appointment is screened and approved by the governing board. Ceo compensation is determined and approved by the governing board. An employee contract is obtained.”
Form 990, Part VI, Line 15B - Compensation Process for Officers
“Key employees are screened by the executive director and appointed with the advice and consent of the governing board.”
Form 990, Part VI, Line 19 - Governing Documents Disclosure
“By-laws and many company policies and procedures are available on the company website. Financial statements are available upon request.”
Form 990, Part VI, Line 6 - Classes of Members or Stockholders
“SEE 7A”
Form 990, Part VI, Line 7A - Election of Members and Their Rights
“Those eligible to become members shall be pump manufacturers and other companies eligible to join the hydraulic institute ("hi"), energy efficiency organizations, utility companies, non governmental organizations, pump systems users, engineering consulting firms and organizations, academic institutions, research institutions, individuals and other public and private agencies desiring to advance the objectives of the corporation by promoting the efficient and effective use of the pump systems.”
Filing and Contact Details
Filer
- Filer Name
- Pump Systems Matter Inc
- EIN
- 27-3127367
- Phone
- 9732679700
- Address
- 300 INTERPACE PARKWAY BLD A, PARSIPANNY, NJ 07054
Signing Officer
- Name
- Michael Michaud
- Title
- Executive Director
- Signed
- 2025-11-10
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Michael Michaud
- Formed
- 2010
- Legal Domicile
- Nj
- Voting Board Members
- 8
- Independent Board Members
- 8
- Employees
- 0
- Volunteers
- 50
Preparer
- Firm
- Peter Gill CPA LLC
- Address
- 11 W ELRO DR, OAK RIDGE, NJ 07438
- Preparer
- Peter Gill
- Phone
- 9734234949
Supplemental Narrative
Additional Explanations
Doing Business as - Additional Names
“Pump systems matter, inc.”
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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/MissionDesc | 0 | THE ORGANIZATION DEVELOPS AND OFFERS PROFESSIONAL DEVELOPMENT COURSES, TOOLS AND MATERIALS TO RAISE AWARENESS OF THE OPPORTUNITIES AND BENEFITS OF PUMP SYSTEMS OPTIMIZATION. |
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| IRS990/OtherExpensesGrp/Desc | 0 | EDUCATION DEVELOPMENT |
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| IRS990/PrincipalOfficerNm | 0 | MICHAEL MICHAUD |
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| IRS990/ProgramServiceRevenueGrp/Desc | 1 | SPONSORSHIPS |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | THE ORGANIZATION OFFERED COURSES OF INSTRUCTION ON PUMP SYSTEM OPTIMIZATION. |
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| IRS990ScheduleA/Post1975UBTIGrp/TotalAmt | 0 | 0 |
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| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 861715 |
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| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 291899 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 277353 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 861715 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 293081 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | INTERCOMPANY |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 31981 |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 16723 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 4600 |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | MICHAEL MICHAUD |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | FORM 990 IS PROVIDED IN DRAFT FORM TO THE MEMBERS OF THE FINANCE/AUDIT COMMITTEE FOR REVIEW AND COMMENT. THE FINAL DRAFT IS REVIEWED BY THE CONTROLLER, EXECUTIVE DIRECTOR AND FINANCE/AUDIT COMMITTEE PRIOR TO ITS FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | BY-LAWS AND MANY COMPANY POLICIES AND PROCEDURES ARE AVAILABLE ON THE COMPANY WEBSITE. FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | PUMP SYSTEMS MATTER, INC. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | FORM 990 IS PROVIDED IN DRAFT FORM TO THE MEMBERS OF THE FINANCE/AUDIT COMMITTEE FOR REVIEW AND COMMENT. THE FINAL DRAFT IS REVIEWED BY THE CONTROLLER, EXECUTIVE DIRECTOR, AND FINANCE/AUDIT COMMITTEE PRIOR TO ITS FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DIRECTORS, OFFICERS, AND EMPLOYEES HAVE A CONTINUING DUTY TO DISCLOSE CONFLICTS OF INTEREST AS THEY ARISE. A COPY OF THIS POLICY IS FURNISHED FOR EACH DIRECTOR, OFFICER, AND EMPLOYEE WHO IS PRESENTLY SERVING PUMP SYSTEMS MATTER, INC. AND IS INCLUDED IN THE ORIENTATION PACKAGE OF ALL FUTURE DIRECTORS, OFFICERS, AND EMPLOYEES. ALL DIRECTORS AND OFFICERS ANNUALLY, AND EMPLOYEES UPON EMPLOYMENT, SIGN ACKNOWLEDGMENTS THAT THEY HAVE RECEIVED A COPY OF, UNDERSTAND, AND WILL COMPLY WITH THIS POLICY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE CEO APPOINTMENT IS SCREENED AND APPROVED BY THE GOVERNING BOARD. CEO COMPENSATION IS DETERMINED AND APPROVED BY THE GOVERNING BOARD. AN EMPLOYEE CONTRACT IS OBTAINED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | KEY EMPLOYEES ARE SCREENED BY THE EXECUTIVE DIRECTOR AND APPOINTED WITH THE ADVICE AND CONSENT OF THE GOVERNING BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | BY-LAWS AND MANY COMPANY POLICIES AND PROCEDURES ARE AVAILABLE ON THE COMPANY WEBSITE. FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | SEE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | THOSE ELIGIBLE TO BECOME MEMBERS SHALL BE PUMP MANUFACTURERS AND OTHER COMPANIES ELIGIBLE TO JOIN THE HYDRAULIC INSTITUTE ("HI"), ENERGY EFFICIENCY ORGANIZATIONS, UTILITY COMPANIES, NON GOVERNMENTAL ORGANIZATIONS, PUMP SYSTEMS USERS, ENGINEERING CONSULTING FIRMS AND ORGANIZATIONS, ACADEMIC INSTITUTIONS, RESEARCH INSTITUTIONS, INDIVIDUALS AND OTHER PUBLIC AND PRIVATE AGENCIES DESIRING TO ADVANCE THE OBJECTIVES OF THE CORPORATION BY PROMOTING THE EFFICIENT AND EFFECTIVE USE OF THE PUMP SYSTEMS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section B, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section C, Line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | DOING BUSINESS AS - ADDITIONAL NAMES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, LINE 11B - FORM 990 PROCESS REVIEW |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, LINE 12C - ENFORCEMENT OF CONFLICTS POLICY |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, LINE 15A - COMPENSATION PROCESS FOR TOP OFFICIAL |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART VI, LINE 15B - COMPENSATION PROCESS FOR OFFICERS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART VI, LINE 19 - GOVERNING DOCUMENTS DISCLOSURE |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PART VI, LINE 6 - CLASSES OF MEMBERS OR STOCKHOLDERS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | FORM 990, PART VI, LINE 7A - ELECTION OF MEMBERS AND THEIR RIGHTS |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt | 0 | HYDRAULIC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | HYDRAULIC INSTITUTE INC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 0 | 223525903 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(C)(6) |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | TRADE ASSOC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | 300 INTERPACE PKWY INC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | PARSIPPANY |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 0 | NJ |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 0 | 07054 |
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