Civic Intelligence

Spring Research Institute Inc

990EZ • Fiscal year 2018 • EIN 34-0753678

Jan 01, 2018 to Dec 31, 2018 • Filed on May 08, 2019

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.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

65th percentile

0.02x

Higher debt load relative to revenue than 65% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Net Margin

87th percentile

23%

Higher net margin than 87% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Top Officer Pay

80th percentile

$32,000

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 25.3% of source-year revenue.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Asset Growth

45th percentile

-0.3%

Faster asset growth than 45% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

62nd percentile

6.0%

Faster revenue growth than 62% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$299,053

Down $878 (-0.3%) from 2017

Net Assets

Down

$296,098

Down $361 (-0.1%) from 2017

Liabilities

Down

$2,955

Down $517 (-15%) from 2017

Revenue And Expenses
Liabilities / Revenue65th percentileNet Margin87th percentile

Revenue

Up

$126,589

Up $7,161 (+6.0%) from 2017

Expenses

Up

$96,972

Up $2,188 (+2.3%) from 2017

Net Income

Up

$29,617

Up $4,973 (+20%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth45th 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

2018

Assets$299,053
Liabilities$2,955
Net Assets$296,098
Open 2018 Filing

Operations Trend

Revenue Growth62nd 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

2018

Revenue$126,589
Expenses$96,972
Net Income$29,617
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 8, 2019
Return Version
2018v3.1
Gross Receipts
$126,589
Mission and Program Overview

Mission

RESEARCH

Program Services

DescriptionGrantsExpenses
RESEARCH IN AUTO AND TRUCK LEAF SPRING MANUFACTURING.-$64,072
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHRIS MCGOWANPresidentPT$32,000-$32,000
MARY SUE MCGOWANSecretary-$0--
PAUL ANDERSONChairman-$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
2019-05-08

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 9,695 blueprints & catalogs 7,300 total 27,995”

Form 990-ez, Part I, Line 16

“Expenses office 115 bank charges 883 travel 3,244 meeting expense 18,681 insurance 1,072 web site 2,072 telephone 900 miscellaneous 4,000 total 30,967”

Form 990-ez, Part I, Line 20

“Unrealized loss on investments -29,978”

Form 990-ez, Part II, Line 24

“Accounts receivable 2,430 1,630 inventories for sale or use 408 408 total 2,838 2,038”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 3,472 2,955”

Raw XML Appendix113 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/BOYAmt0297093
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0297015
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt029617
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt033935
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0299931
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0299053
IRS990EZ/GrossReceiptsAmt0126589
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt012344
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt086250
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0296459
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0296098
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0296459
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0296098
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt025.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt14.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt032000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CHRIS MCGOWAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARY SUE MCGOWAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PAUL ANDERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CHAIRMAN
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt02838
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02038
IRS990EZ/OtherChangesInNetAssetsAmt0-29978
IRS990EZ/OtherExpensesTotalAmt030967
IRS990EZ/OtherRevenueTotalAmt027995
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0RESEARCH
IRS990EZ/PrintingPublicationsPostageAmt070
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0RESEARCH IN AUTO AND TRUCK LEAF SPRING MANUFACTURING.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt064072
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt032000
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt03472
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02955
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt096972
IRS990EZ/TotalProgramServiceExpensesAmt064072
IRS990EZ/TotalRevenueAmt0126589
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WEB SITE ACCESS 11,000 LICENSE FEES 9,695 BLUEPRINTS & CATALOGS 7,300 TOTAL 27,995
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES OFFICE 115 BANK CHARGES 883 TRAVEL 3,244 MEETING EXPENSE 18,681 INSURANCE 1,072 WEB SITE 2,072 TELEPHONE 900 MISCELLANEOUS 4,000 TOTAL 30,967
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNREALIZED LOSS ON INVESTMENTS -29,978
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS RECEIVABLE 2,430 1,630 INVENTORIES FOR SALE OR USE 408 408 TOTAL 2,838 2,038
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCOUNTS PAYABLE AND ACCRUED EXPENSES 3,472 2,955
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/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRIS MCGOWAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03173983822
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-08
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/AtSubmissionCreationDeviceId0E09AAF00DFD5F6867BAF7CDB5E3F2FCF7344A08C
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0690BA51AB02B99508DD9F07996C8140124823145
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt052.37.240.203
ReturnHeader/FilingSecurityInformation/IPDt02019-10-16
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm010:08:01
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/PreparationDt02019-10-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TERRI L RUSH CPA
ReturnHeader/ReturnTs02019-10-16T10:08:01-05:00
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
$299,053
Liabilities
$2,955
Net assets
$296,098
Revenue
$126,589
Expenses
$96,972
Net income
$29,617
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