Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
Liabilities / Revenue
94th percentile
Higher debt load relative to revenue than 94% of similar nonprofits.
Net Margin
20th percentile
Higher net margin than 20% of similar nonprofits.
Top Officer Pay
99th percentile
Higher top officer pay than 99% of similar nonprofits.
Top officer pay equals 70.6% of source-year revenue.
Asset Growth
12th percentile
Faster asset growth than 12% of similar nonprofits.
Revenue Growth
43rd percentile
Faster revenue growth than 43% of similar nonprofits.
Assets
Down$612,516
Down $164,123 (-21%) from 2022
Net Assets
Down$63,179
Down $55,989 (-47%) from 2022
Liabilities
Down$549,337
Down $108,134 (-16%) from 2022
Revenue
Up$621,545
Up $30,648 (+5.2%) from 2022
Expenses
Up$677,534
Up $37,622 (+5.9%) from 2022
Net Income
Down-$55,989
Down $6,974 (-14%) from 2022
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.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $733,935 | $611,134 | ▼ $122,801 |
| Accounts Receivable | $42,704 | $1,382 | ▼ $41,322 |
| 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 | $776,639 | $612,516 | ▼ $164,123 |
| Other Assets Total | - | $0 | - |
| Liabilities | |||
| Other Liabilities | $638,266 | $494,278 | ▼ $143,988 |
| Deferred Revenue | $13,455 | $51,559 | ▲ $38,104 |
| Accounts Payable and Accrued Expenses | $5,750 | $3,500 | ▼ $2,250 |
| Total Liabilities | $657,471 | $549,337 | ▼ $108,134 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $119,168 | $63,179 | ▼ $55,989 |
| Total Net Assets Fund Balance | $119,168 | $63,179 | ▼ $55,989 |
| Total Liabilities and Net Assets / Fund Balance | $776,639 | $612,516 | ▼ $164,123 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Michael Michaud | Executive Director | PT | $57,860 | $29,887 | $87,747 |
| Name | Title |
|---|---|
| Scott Tystad | Chairman |
| Jack Claxton | Vice President |
| Eric Mcclafferty | Director |
| Greg Case | Director |
| Kelly Tappa | Director |
| Kristen Aramthanapon | Director |
| Matt Derner | Director |
| Randy Stevens | Director |
| Tammy Moskal | Director |
| Tomas Dobrovolskis | Director |
| Zeljko Terzic | Director |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $461,457 |
| Other Expenses | $216,077 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $276,546 | $97,165 | - | $373,711 |
| Current Officers, Directors, Trustees, and Key Employees | $87,746 | - | - | $87,746 |
| Travel | $52,485 | - | - | $52,485 |
| Information Technology | $49,833 | - | - | $49,833 |
| Occupancy | $23,333 | $4,118 | - | $27,451 |
| Office Expenses | $17,271 | $3,048 | - | $20,319 |
| Fees for Services Legal | $13,341 | - | - | $13,341 |
| Insurance | $9,233 | $1,630 | - | $10,863 |
| Fees for Services Other | $8,600 | - | - | $8,600 |
| Other Expenses | $5,529 | - | - | $5,529 |
| Advertising | $5,502 | - | - | $5,502 |
| Fees for Services Accounting | $4,335 | $765 | - | $5,100 |
| Depreciation Depletion | $1,473 | $260 | - | $1,733 |
| Total Functional Expenses | $570,548 | $106,986 | $0 | $677,534 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
| Liability | Amount |
|---|---|
| Due to Hydraulic Institute | $494,278 |
“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.”
“By-laws and many company policies and procedures are available on the company website. Financial statements are available upon request.”
“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.”
“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.”
“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.”
“Key employees are screened by the executive director and appointed with the advice and consent of the governing board.”
“By-laws and many company policies and procedures are available on the company website. Financial statements are available upon request.”
“SEE 7A”
“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.”
“Pump systems matter, inc.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 5750 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 3500 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 42704 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 1382 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | THE ORGANIZATION DEVELOPS AND OFFERS PROFESSIONAL DEVELOPMENT COURSES, TOOLS AND MATERIALS TO RAISE AWARENESS OF THE OPPORTUNITIES AND BENEFITS OF PUMP SYSTEMS OPTIMIZATION. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 5502 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 5502 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 0 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 0 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | MICHAEL MICHAUD |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9732679700 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 300 INTERPACE PARKWAY |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | PARSIPANNY |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NJ |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 07054 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 733935 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 611134 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 87746 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 87746 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | true |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 216077 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 621545 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -55989 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 461457 |
| IRS990/CYTotalExpensesAmt | 0 | 677534 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 621545 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 13455 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 51559 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 260 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 1473 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 1733 |
| IRS990/Desc | 0 | SPONSORSHIP REVENUE PROVIDES THE ORGANIZATION WITH FUNDS NEEDED TO DEVELOP EDUCATIONAL PROGRAMS AND MATERIALS REGARDING PUMP STSTEMS OPTIMIZATION. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 570548 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 765 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 4335 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 5100 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 13341 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 13341 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 8600 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 8600 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282FiledCnt | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 32.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 8 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 9 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 10 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 11 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 12 | 32.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 8.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 8.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 57453 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | MICHAEL MICHAUD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | ZELJKO TERZIC |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | GREG CASE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | RANDY STEVENS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | TAMMY MOSKAL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | ERIC MCCLAFFERTY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | JACK CLAXTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | MATT DERNER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | KELLY TAPPA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | SCOTT TYSTAD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | TOMAS DOBROVOLSKIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | KRISTEN ARAMTHANAPON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | MICHAEL MICHAUD |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 76256 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 305022 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Executive Dir. |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Vice President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Chairman |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | EXECUTIVE DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2010 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 8 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 621545 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 8 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 49833 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 49833 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 1630 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 9233 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 10863 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/InterestGrp/TotalAmt | 0 | 0 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | NJ |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| 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. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 119168 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 63179 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 119168 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 63179 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 4118 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 23333 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 27451 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 3048 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 17271 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 20319 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | EDUCATION DEVELOPMENT |
| IRS990/OtherExpensesGrp/Desc | 1 | EDUCATION COSTS |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 15321 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 5529 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 15321 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 5529 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 638266 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 494278 |
| IRS990/OtherRevenueTotalAmt | 0 | 0 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 97165 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 276546 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 373711 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | MICHAEL MICHAUD |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 541900 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 611430 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | EDUCATION |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | SPONSORSHIPS |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 314454 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 307091 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 314454 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 307091 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | THE ORGANIZATION OFFERED COURSES OF INSTRUCTION ON PUMP SYSTEM OPTIMIZATION. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 210312 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 590897 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -49015 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 429600 |
| IRS990/PYTotalExpensesAmt | 0 | 639912 |
| IRS990/PYTotalRevenueAmt | 0 | 590897 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -55989 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | true |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | false |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 0 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/First5Years509Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 292463 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 291899 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 277353 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 275252 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 1136967 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Post1975UBTIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 1136967 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 292463 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 291899 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 277353 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 275252 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 1136967 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 292463 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 291899 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 277353 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 275252 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 1136967 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 494278 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | DUE TO HYDRAULIC INSTITUTE |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 494278 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | false |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | false |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | false |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | false |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | false |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | false |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | false |
| IRS990/ScheduleJRequiredInd | 0 | true |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 57860 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 14796 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 59184 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 231438 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 7615 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 30458 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 3876 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 15504 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 3600 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 14400 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | MICHAEL MICHAUD |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | Executive Dir. |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 87747 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 350984 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | false |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| 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 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.