Civic Intelligence

Spring Research Institute Inc

990EZ • Fiscal year 2017 • EIN 34-0753678

Jan 01, 2017 to Dec 31, 2017 • Filed on Mar 20, 2018

Organization ProfileN/A
11015 Willowfern Dr SECalgary Alberta, Calgary, Ab T2j 1 T2J 1R6CA

(403) 370-4515

Siviq Scores

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

Liabilities / Assets

55th percentile

0.01x

Higher debt load relative to assets than 55% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

66th percentile

0.03x

Higher debt load relative to revenue than 66% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Net Margin

84th percentile

21%

Higher net margin than 84% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Top Officer Pay

79th percentile

$31,500

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 26.4% of source-year revenue.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Asset Growth

73rd percentile

16%

Faster asset growth than 73% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

22nd percentile

-14%

Faster revenue growth than 22% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$299,931

Up $42,093 (+16%) from 2016

Net Assets

Up

$296,459

Up $41,838 (+16%) from 2016

Liabilities

Up

$3,472

Up $255 (+7.9%) from 2016

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin84th percentile

Revenue

Down

$119,428

Down $19,402 (-14%) from 2016

Expenses

Down

$94,784

Down $54,654 (-37%) from 2016

Net Income

Up

$24,644

Up $35,252 (+332%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth73rd percentile

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

$600K$400K$200K$0Assets 2016: $257,838Liabilities 2016: $3,217Net Assets 2016: $254,6212016Assets 2017: $299,931Liabilities 2017: $3,472Net Assets 2017: $296,4592017Assets 2018: $299,053Liabilities 2018: $2,955Net Assets 2018: $296,0982018Assets 2019: $355,725Liabilities 2019: $2,955Net Assets 2019: $352,7702019Assets 2020: $405,585Liabilities 2020: $2,955Net Assets 2020: $402,6302020Assets 2021: $424,028Liabilities 2021: $2,956Net Assets 2021: $421,0722021Assets 2022: $402,372Net Assets 2022: $402,3722022Assets 2023: $431,190Net Assets 2023: $431,1902023Assets 2024: $457,853Net Assets 2024: $457,8532024

Highlighted filing

2017

Assets$299,931
Liabilities$3,472
Net Assets$296,459
Open 2017 Filing

Operations Trend

Revenue Growth22nd percentile

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

$150K$100K$50K$0-$50KRevenue 2016: $138,830Expenses 2016: $149,438Net Income 2016: -$10,6082016Revenue 2017: $119,428Expenses 2017: $94,784Net Income 2017: $24,6442017Revenue 2018: $126,589Expenses 2018: $96,972Net Income 2018: $29,6172018Revenue 2019: $119,853Expenses 2019: $90,141Net Income 2019: $29,7122019Revenue 2020: $113,726Expenses 2020: $74,571Net Income 2020: $39,1552020Revenue 2021: $97,964Expenses 2021: $88,405Net Income 2021: $9,5592021Revenue 2022: $110,964Expenses 2022: $88,400Net Income 2022: $22,5642022Revenue 2023: $97,240Expenses 2023: $86,657Net Income 2023: $10,5832023Revenue 2024: $108,874Expenses 2024: $91,885Net Income 2024: $16,9892024

Highlighted filing

2017

Revenue$119,428
Expenses$94,784
Net Income$24,644
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Mar 20, 2018
Return Version
2017v2.3
Gross Receipts
$153,613
Mission and Program Overview

Mission

RESEARCH

Program Services

DescriptionGrantsExpenses
RESEARCH IN AUTO AND TRUCK LEAF SPRING MANUFACTURING.-$63,284
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHRIS MCGOWANPresidentPT$31,500-$31,500
MARY SUE MCGOWANSecretary-$0--
PAUL ANDERSONVice Chairma-$0--
MICHAEL BETTSChairman-$0--
Filing and Contact Details

Filer

Filer Name
Spring Research Institute Inc
EIN
34-0753678
Phone
4033704515
Address
CA

Signing Officer

Name
Chris Mcgowan
Title
President
Phone
3173983822
Signed
2018-03-20

Preparer

Firm
Brammer & Yeend Professional Corporation
Address
8 PUBLIC SQUARE, SHELBYVILLE, IN 46176
Preparer
Terri L Rush CPA
Phone
3173989753
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

“Web site access 11,000 license fees 8,000 blueprints & catalogs 5,420 miscellaneous income 1,329 total 25,749”

Form 990-ez, Part I, Line 16

“Expenses office 789 bank charges 1,361 travel 2,662 meeting expense 19,863 insurance 1,063 web site 1,332 miscellaneous 339 telephone 900 total 28,309”

Form 990-ez, Part I, Line 20

“Unrealized gain on investment 17,194”

Form 990-ez, Part II, Line 24

“Accounts receivable 8,055 2,430 inventories for sale or use 408 408 total 8,463 2,838”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 3,217 3,472”

Raw XML Appendix119 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/ForeignAddress/AddressLine1Txt011015 WILLOWFERN DR SE
IRS990EZ/BooksInCareOfDetail/ForeignAddress/CountryCd0CA
IRS990EZ/BooksInCareOfDetail/ForeignAddress/ProvinceOrStateNm0CALGARY, ALBERTA
IRS990EZ/BooksInCareOfDetail/PersonNm0CHRIS MCGOWAN
IRS990EZ/BooksInCareOfDetail/PhoneNum04033704515
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0249375
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0297093
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOrOtherBasisExpenseSaleAmt034185
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt024644
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt034975
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0257838
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0299931
IRS990EZ/GainOrLossFromSaleOfAssetsAmt0-1490
IRS990EZ/GrossReceiptsAmt0153613
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt011919
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt083250
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0254621
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0296459
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0254621
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0296459
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt025.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt14.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt031500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CHRIS MCGOWAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARY SUE MCGOWAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PAUL ANDERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MICHAEL BETTS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE CHAIRMA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3CHAIRMAN
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt08463
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02838
IRS990EZ/OtherChangesInNetAssetsAmt017194
IRS990EZ/OtherExpensesTotalAmt028309
IRS990EZ/OtherRevenueTotalAmt025749
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0RESEARCH
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0RESEARCH IN AUTO AND TRUCK LEAF SPRING MANUFACTURING.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt063284
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt031500
IRS990EZ/SaleOfAssetsGrossAmt032695
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt03217
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt03472
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt094784
IRS990EZ/TotalProgramServiceExpensesAmt063284
IRS990EZ/TotalRevenueAmt0119428
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WEB SITE ACCESS 11,000 LICENSE FEES 8,000 BLUEPRINTS & CATALOGS 5,420 MISCELLANEOUS INCOME 1,329 TOTAL 25,749
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES OFFICE 789 BANK CHARGES 1,361 TRAVEL 2,662 MEETING EXPENSE 19,863 INSURANCE 1,063 WEB SITE 1,332 MISCELLANEOUS 339 TELEPHONE 900 TOTAL 28,309
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNREALIZED GAIN ON INVESTMENT 17,194
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS RECEIVABLE 8,055 2,430 INVENTORIES FOR SALE OR USE 408 408 TOTAL 8,463 2,838
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCOUNTS PAYABLE AND ACCRUED EXPENSES 3,217 3,472
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRIS MCGOWAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03173983822
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-03-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SPRING RESEARCH INSTITUTE INC
ReturnHeader/Filer/BusinessNameControlTxt0SPRI
ReturnHeader/Filer/EIN0340753678
ReturnHeader/Filer/ForeignAddress/AddressLine1Txt011015 WILLOWFERN DR SE
ReturnHeader/Filer/ForeignAddress/CityNm0CALGARY ALBERTA
ReturnHeader/Filer/ForeignAddress/CountryCd0CA
ReturnHeader/Filer/ForeignAddress/ForeignPostalCd0T2J 1R6
ReturnHeader/Filer/ForeignAddress/ProvinceOrStateNm0CALGARY, AB T2J 1
ReturnHeader/Filer/PhoneNum04033704515
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0A264A5F15B2030929CF8B5D5193597EC39210A7D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId08354D4880F9CF4ADAEE06752731C8E2FB5943E0E
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt034.219.211.52
ReturnHeader/FilingSecurityInformation/IPDt02018-05-22
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm015:11:10
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0351659339
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRAMMER & YEEND PROFESSIONAL CORPORATION
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08 PUBLIC SQUARE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SHELBYVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046176
ReturnHeader/PreparerPersonGrp/PhoneNum03173989753
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TERRI L RUSH CPA
ReturnHeader/ReturnTs02018-05-22T15:11:10-05:00
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
$299,931
Liabilities
$3,472
Net assets
$296,459
Revenue
$119,428
Expenses
$94,784
Net income
$24,644
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.58$4.58$1.09$0.92$0.17
2023Detailed filing. Detailed filing data is available for this year.$4.31$4.31$0.97$0.87$0.11
2022Detailed filing. Detailed filing data is available for this year.$4.02$4.02$1.11$0.88$0.23
2021Detailed filing. Detailed filing data is available for this year.$4.24$0.03$4.21$0.98$0.88$0.10
2020Detailed filing. Detailed filing data is available for this year.$4.06$0.03$4.03$1.14$0.75$0.39
2019Detailed filing. Detailed filing data is available for this year.$3.56$0.03$3.53$1.20$0.90$0.30
2018Detailed filing. Detailed filing data is available for this year.$2.99$0.03$2.96$1.27$0.97$0.30
2017Detailed filing. Detailed filing data is available for this year.$3.00$0.03$2.96$1.19$0.95$0.25
2016Detailed filing. Detailed filing data is available for this year.$2.58$0.03$2.55$1.39$1.49$0.11