Civic Intelligence

Home Ventilating Institute Inc

990 • Fiscal year 2012 • EIN 34-0930814

Jan 01, 2012 to Dec 31, 2012 • Filed on Nov 08, 2013

3317 E Bell Rd No 10112285032
Siviq Scores

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

Liabilities / Assets

60th percentile

0.19x

Higher debt load relative to assets than 60% of similar nonprofits.

2012 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$783,806

No earlier filing loaded for comparison.

Net Assets

$636,196

No earlier filing loaded for comparison.

Liabilities

$147,610

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$664,743

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2012: $783,806Liabilities 2012: $147,610Net Assets 2012: $636,1962012Assets 2013: $799,835Liabilities 2013: $145,730Net Assets 2013: $654,1052013Assets 2014: $900,279Liabilities 2014: $241,146Net Assets 2014: $659,1332014Assets 2015: $805,615Liabilities 2015: $177,902Net Assets 2015: $627,7132015Assets 2016: $930,061Liabilities 2016: $218,683Net Assets 2016: $711,3782016Assets 2017: $1,066,090Liabilities 2017: $305,880Net Assets 2017: $760,2102017Assets 2018: $1,022,622Liabilities 2018: $343,691Net Assets 2018: $678,9312018Assets 2019: $1,044,993Liabilities 2019: $225,448Net Assets 2019: $819,5452019Assets 2020: $1,320,108Liabilities 2020: $416,027Net Assets 2020: $904,0812020Assets 2021: $1,216,370Liabilities 2021: $379,005Net Assets 2021: $837,3652021Assets 2022: $1,651,406Liabilities 2022: $812,146Net Assets 2022: $839,2602022Assets 2023: $1,580,084Liabilities 2023: $880,373Net Assets 2023: $699,7112023Assets 2024: $1,537,683Liabilities 2024: $787,766Net Assets 2024: $749,9172024

Highlighted filing

2012

Assets$783,806
Liabilities$147,610
Net Assets$636,196

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2012: $664,7432012Revenue 2013: $743,338Expenses 2013: $744,136Net Income 2013: -$7982013Revenue 2014: $852,967Expenses 2014: $832,916Net Income 2014: $20,0512014Revenue 2015: $959,699Expenses 2015: $973,966Net Income 2015: -$14,2672015Revenue 2016: $1,262,903Expenses 2016: $998,402Net Income 2016: $264,5012016Revenue 2017: $1,353,044Expenses 2017: $1,333,290Net Income 2017: $19,7542017Revenue 2018: $1,537,321Expenses 2018: $1,540,275Net Income 2018: -$2,9542018Revenue 2019: $1,605,347Expenses 2019: $1,605,112Net Income 2019: $2352019Revenue 2020: $2,004,935Expenses 2020: $1,980,250Net Income 2020: $24,6852020Revenue 2021: $1,851,121Expenses 2021: $1,909,603Net Income 2021: -$58,4822021Revenue 2022: $2,354,596Expenses 2022: $2,211,791Net Income 2022: $142,8052022Revenue 2023: $2,464,286Expenses 2023: $2,669,402Net Income 2023: -$205,1162023Revenue 2024: $2,715,311Expenses 2024: $2,688,520Net Income 2024: $26,7912024

Highlighted filing

2012

Revenue-
Expenses$664,743
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Nov 8, 2013
Return Version
2012v2.1
Gross Receipts
$698,580
Mission and Program Overview

Mission

To promote a general public understanding and acceptance of ventilating devices for home use; to conduct and to foster research into the market for such devices, including but not limiting the same to electrical contractors, architects, home builders and others interested in home construction; and to conduct and to promote research looking to the improvement of the quality and functional usefulness of the said devices and of the materials of which they are constructed.

Filing and Contact Details

Filer

EIN
34-0930814
Raw XML Appendix392 raw XML fields

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IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0HVI RECOGNIZES UNCERTAIN TAX POSITIONS IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL NOT BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. AT DECEMBER 31, 2012, HVI HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
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IRS990ScheduleO/GeneralExplanation/Explanation0THE ORGANIZATION'S MEMBERSHIP HAS TWO CATEGORIES - REGULAR MEMBERSHIP: ANY BUSINESS THAT IS ENGAGED IN MARKETING AND SELLING COMPLETE RESIDENTIAL VENTILATION PRODUCTS IN THE U.S. AND/OR CANADA AND HAS CONTROL OVER THE DESIGN OR MANUFACTURE OF THESE PRODUCTS; AND ASSOCIATE MEMBERSHIP: ANY BUSINESS THAT IS A SUPPLIER OF SERVICES OR PRODUCTS TO A REGULAR MEMBER BUT DOES NOT MEET THE CRITERIA FOR REGULAR MEMBERSHIP
IRS990ScheduleO/GeneralExplanation/Explanation1BOARD MEMBERS ARE ELECTED FROM THE MEMBERSHIP OF THE ORGANIZATION BY A MAJORITY VOTE OF THE VOTING MEMBERS PRESENT AT THE ELECTION. BOARD OFFICER POSITIONS AND MEMBERS-AT-LARGE POSITION NOMINATIONS ARE THE RESPONSIBILITY OF THE NOMINATING COMMITTEE. THE MEMBERSHIP APPROVES THE FOLLOWING: THE ANNUAL BUDGET FOR THE ORGANIZATION, CHANGES TO DUES AND FEES, SPECIAL ASSESSMENTS, CHANGES TO THE BYLAWS, AND CHANGES TO THE ORGANIZATION'S PROCEDURAL PUBLICATIONS WHICH GOVERN THE ORGANIZATION'S CERTIFICATION, VERIFICATION AND CHALLENGE PROGRAMS.
IRS990ScheduleO/GeneralExplanation/Explanation2THE MEMBERSHIP APPROVES THE FOLLOWING: THE ANNUAL BUDGET FOR THE ORGANIZATION, CHANGES TO DUES AND FEES, SPECIAL ASSESSMENTS, CHANGES TO THE BYLAWS, AND CHANGES TO THE ORGANIZATION'S PROCEDURAL PUBLICATIONS WHICH GOVERN THE ORGANIZATION'S CERTIFICATION, VERIFICATION AND CHALLENGE PROGRAMS.
IRS990ScheduleO/GeneralExplanation/Explanation3THE ORGANIZATION'S VICE CHAIR/TREASURER WILL REVIEW AND APPROVE THE FORM 990 BEFORE FILING. THE EXECUTIVE DIRECTOR WILL REVIEW THE FORM 990 PRIOR TO THE VICE CHAIR/TREASURER'S REVIEW. THE FORM 990 WILL BE SHARED WITH THE ENTIRE BOARD OF DIRECTORS, THOUGH IT MAY NOT OCCUR UNTIL AFTER THE FORM HAS BEEN FILED.
IRS990ScheduleO/GeneralExplanation/Explanation4THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY THAT ADDRESSES THE CONSIDERATION OF POTENTIAL CONFLICTS OF INTEREST BY THE BOARD OF DIRECTORS, COMMITTEE MEMBERS, VOLUNTEERS, KEY EMPLOYEES, AND THEIR RELATIVES. AS PER THE POLICY, BOARD AND COMMITTEE MEMBERS MUST MAKE DISCLOSURE OF ANY POTENTIAL CONFLICTS OF INTEREST. IF THE BOARD DETERMINES THAT THERE ARE ANY CONFLICTS OF INTEREST, THEN THE INVOLVED INDIVIDUAL MUST THEREAFTER REFRAIN FROM DISCUSSING OR VOTING ON THE PARTICULAR TRANSACTION IN WHICH HE OR SHE HAS AN INTEREST, OR OTHERWISE ATTEMPTING TO EXERT ANY INFLUENCE CONTRARY TO THE BETTERMENT OF HVI OR ITS COMPONENTS TO AFFECT A DECISION TO PARTICIPATE OR NOT PARTICIPATE IN SUCH TRANSACTION. ON AN ANNUAL BASIS, ALL BOARD MEMBERS ARE REQUIRED TO SIGN OFF ON AN ANNUAL CONFLICT OF INTEREST FORM, EITHER STATING ANY KNOWN CONFLICTS, OR STATING THAT THERE ARE NONE.
IRS990ScheduleO/GeneralExplanation/Explanation5THE BOARD OF DIRECTORS DETERMINES REASONABLE AND APPROPRIATE SALARIES FOR KEY EMPLOYEES OF THE ORGANIZATION. THE ORGANIZATION ALSO HAS A WRITTEN EMPLOYMENT CONTRACT WITH THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/GeneralExplanation/Explanation6THE ORGANIZATION GENERALLY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
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IRS990/TotalLiabNetAssetsFundBalances/EOY0783806
IRS990/TotalNbrEmployees04
IRS990/TotalNbrVolunteers050
IRS990/TotalNetAssetsFundBalances/BOY0586099
IRS990/TotalNetAssetsFundBalances/EOY0636196
IRS990/TotalOtherCompensation0898
IRS990/TotalOtherRevenue08325
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProfFundrsngExpPriorYear00
IRS990/TotalProgramServiceRevenue0678930
IRS990/TotalReportableCompFrmRltdOrgs00
IRS990/TotalReportableCompFromOrg022442
IRS990/TotalRevenueCurrentYear0698580
IRS990/TotalRevenue/ExclusionAmount011325
IRS990/TotalRevenuePriorYear0742914
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome0687255
IRS990/TotalRevenue/TotalRevenueColumn0698580
IRS990/TotalRevenue/UnrelatedBusinessRevenue00
IRS990/Travel/Total019194
IRS990/TypeOfOrganizationAssociation0X
IRS990/UnrelatedBusinessIncome00
IRS990/UnrestrictedNetAssets/BOY0586099
IRS990/UnrestrictedNetAssets/EOY0636196
IRS990/UponRequest0X
IRS990/WebSite0WWW.HVI.ORG
IRS990/WhistleblowerPolicy01
IRS990/YearFormation01955
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/Filer/EIN0340930814
ReturnHeader/Filer/Name/BusinessNameLine10HOME VENTILATING INSTITUTE INC
ReturnHeader/Filer/NameControl0HOME
ReturnHeader/Filer/Phone08554848368
ReturnHeader/Filer/USAddress/AddressLine103317 E BELL RD NO 101122
ReturnHeader/Filer/USAddress/City0PHOENIX
ReturnHeader/Filer/USAddress/State0AZ
ReturnHeader/Filer/USAddress/ZIPCode085032
ReturnHeader/Officer/AuthorizeThirdParty01
ReturnHeader/Officer/DateSigned02013-11-08
ReturnHeader/Officer/Name0RUSSELL POPE
ReturnHeader/Officer/Phone08554848368
ReturnHeader/Officer/Title0VICE CHAIR/ TREASURER
ReturnHeader/Preparer/DatePrepared02013-11-08
ReturnHeader/PreparerFirm/EIN0860133881
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10HENRY & HORNE LLP
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine102055 E WARNER RD STE 101
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0TEMPE
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0AZ
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode085284
ReturnHeader/Preparer/Name0COLETTE KAMPS
ReturnHeader/Preparer/Phone04808394900
ReturnHeader/ReturnType0990
ReturnHeader/TaxPeriodBeginDate02012-01-01
ReturnHeader/TaxPeriodEndDate02012-12-31
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02013-11-13T10:02:47-06:00

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Filings

Peer Organizations

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