Civic Intelligence

Gear Research Institute

EIN 36-3203075 • 501(c)3 • State College, PA

Profile

Cooperative precompetitive (fundamental) research

2013 Sandy Drive 200State College, PA 16803

www.gearresearch.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

89th percentile

0.74x

Higher debt load relative to assets than 89% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

90th percentile

1.29x

Higher debt load relative to revenue than 90% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

49th percentile

3.9%

Higher net margin than 49% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

62nd percentile

8.4%

Faster asset growth than 62% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

47th percentile

5.5%

Faster revenue growth than 47% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Down

$2,677,968

Down $61,964 (-2.3%) from 2023

Liabilities

Down

$2,176,350

Down $200,978 (-8.5%) from 2023

Net Assets

Up

$501,618

Up $139,014 (+38%) from 2023

Revenue

Up

$1,177,611

Up $225,052 (+24%) from 2023

Expenses

Up

$1,063,074

Up $192,849 (+22%) from 2023

Net Income

Up

$114,537

Up $32,203 (+39%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2013: $1,090,820Liabilities 2013: $763,778Net Assets 2013: $327,0422013Assets 2014: $796,987Liabilities 2014: $439,637Net Assets 2014: $357,3502014Assets 2015: $651,215Liabilities 2015: $301,896Net Assets 2015: $349,3192015Assets 2016: $523,950Liabilities 2016: $172,235Net Assets 2016: $351,7152016Assets 2017: $932,491Liabilities 2017: $560,529Net Assets 2017: $371,9622017Assets 2018: $964,560Liabilities 2018: $636,162Net Assets 2018: $328,3982018Assets 2019: $1,503,368Liabilities 2019: $1,158,034Net Assets 2019: $345,3342019Assets 2020: $1,635,759Liabilities 2020: $1,229,759Net Assets 2020: $406,0002020Assets 2021: $1,773,639Liabilities 2021: $1,319,685Net Assets 2021: $453,9542021Assets 2022: $2,533,325Liabilities 2022: $2,228,467Net Assets 2022: $304,8582022Assets 2023: $2,739,932Liabilities 2023: $2,377,328Net Assets 2023: $362,6042023Assets 2024: $2,677,968Liabilities 2024: $2,176,350Net Assets 2024: $501,6182024

Highlighted filing

2024

Assets$2,677,968
Liabilities$2,176,350
Net Assets$501,618

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2013: $804,7782013Revenue 2014: $1,065,199Expenses 2014: $1,034,891Net Income 2014: $30,3082014Revenue 2015: $621,182Expenses 2015: $629,213Net Income 2015: -$8,0312015Revenue 2016: $614,561Expenses 2016: $612,165Net Income 2016: $2,3962016Revenue 2017: $472,466Expenses 2017: $450,885Net Income 2017: $21,5812017Revenue 2018: $534,248Expenses 2018: $570,864Net Income 2018: -$36,6162018Revenue 2019: $629,931Expenses 2019: $621,494Net Income 2019: $8,4372019Revenue 2020: $966,048Expenses 2020: $904,226Net Income 2020: $61,8222020Revenue 2021: $1,019,390Expenses 2021: $979,478Net Income 2021: $39,9122021Revenue 2022: $489,271Expenses 2022: $560,732Net Income 2022: -$71,4612022Revenue 2023: $952,559Expenses 2023: $870,225Net Income 2023: $82,3342023Revenue 2024: $1,177,611Expenses 2024: $1,063,074Net Income 2024: $114,5372024

Highlighted filing

2024

Revenue$1,177,611
Expenses$1,063,074
Net Income$114,537

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Feb 19, 2025
Return Version
2023v6.0
Gross Receipts
$1,177,611
Mission and Program Overview

Mission

Cooperative precompetitive (fundamental) research

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$1,319,557$864,039▼ $455,518
Investments Other Securities$759,100$821,743▲ $62,643
Inventories for Sale or Use$527,063$703,583▲ $176,520
Rtn Earn Endowment Incm Other Fnds$143,823$282,837▲ $139,014
Cash and Non-Interest-Bearing Accounts$48,453$219,946▲ $171,493
Pd in Cap Srpls Land Bldg Eqp Fund$218,781$218,781→ $0
Land, Buildings, and Equipment, Net$61,383$44,434▼ $16,949
Prepaid Expenses and Deferred Charges$24,366$24,213▼ $153
Savings and Temporary Cash Investments$10$10→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,739,932$2,677,968▼ $61,964
Liabilities
Deferred Revenue$2,374,542$2,135,171▼ $239,371
Accounts Payable and Accrued Expenses$2,786$41,179▲ $38,393
Total Liabilities$2,377,328$2,176,350▼ $200,978
Net Assets / Fund Balance
Total Net Assets Fund Balance$362,604$501,618▲ $139,014
Total Liabilities and Net Assets / Fund Balance$2,739,932$2,677,968▼ $61,964

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$44,434$617,597$662,031
Other Securities$821,212--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Chad BehrmanTrustee & President
Aaron IsaacsonManaging Director
Alessio PescosolidoTrustee
Ben SheenTrustee
Derrick BlackTrustee
JOHN O'NEILTrustee
Jeremy WagnerTrustee
Mark TrabandTrustee
Scott YodersTrustee
Todd PraneisTrustee
Geary SmithTrustee & Secretary
Colleen TomaselloTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,139,325
Investment Income
$38,286
Other Revenue
$0
Change in Net Assets
$114,537
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$983,474
Grants and Similar Amounts Paid$79,600
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$79,600--$79,600
Depreciation Depletion$20,949--$20,949
Fees for Services Accounting-$15,060-$15,060
Insurance-$1,183-$1,183
Fees for Services Legal-$333-$333
Other Expenses$31,298$118-$118
Total Functional Expenses$1,046,077$16,997$0$1,063,074
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Pennsylvania State UniversityState College, PA170(b)(1) A(v)General support - Applied Research Lab - Gears and related research$79,600
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Aaron IsaacsonEmployee of Penn State UnivGRI DIRECTS RESEARCH ACTIVITIES TO PSU'S APPLIED RESEARCH LAB (ARL)No$639,077
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 7A

AGMA and ASME each are memebers that appoint one member to the GRI Board of Trustees.

Form 990, Part VI, Section B, line 11B

Form 990 is provided to gri's board of trustees and reviewed prior to filing

Form 990, Part VI, Section B, line 12C

Board members subject to an annual update of related parties. If,in the course of business a board member is subject to a conflict of interest he/she recuses themself from participation in the matter.

Form 990, Part VI, Section C, line 19

Governing documents, conflict of interest policy and financial statements are available upon request at gri's main office, state college, pa.

Filing and Contact Details

Filer

Filer Name
Gear Research Institute
EIN
36-3203075
Phone
8148655832
Address
2013 SANDY DRIVE 200, STATE COLLEGE, PA 16803

Signing Officer

Name
Colleen Tomasello
Title
Treasurer
Phone
7248877985
Signed
2025-02-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chad Behrman
Formed
1982
Legal Domicile
Pa
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Firm
Fiore Fedeli Snyder Carothers LLP
Address
2013 Sandy Dr Ste 200, State College, PA 16803
Preparer
Joseph P Fedeli CPA
Phone
8142378999
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IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0114537
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0915974
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0143823
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0282837
IRS990/SavingsAndTempCashInvstGrp/BOYAmt010
IRS990/SavingsAndTempCashInvstGrp/EOYAmt010
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt010000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt015000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt015000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt040000
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt062764
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt011858
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0-75649
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt016386
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt09256
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt024615
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0538157
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0292319
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0277236
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0362254
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0567282
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02037248
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt062764
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt011858
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0-75649
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt016386
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt09256
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt024615
IRS990ScheduleA/InvestmentIncomeCYPct00.01130
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearAmt07822
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus1YearAmt029678
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus2YearsAmt0-30359
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus3YearsAmt012777
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus4YearsAmt048701
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt068619
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.95700
IRS990ScheduleA/PublicSupportPY509Pct00.96330
IRS990ScheduleA/PublicSupportTotal509Amt02077248
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0538157
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0302319
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0277236
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0377254
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0582282
IRS990ScheduleA/Total509Grp/TotalAmt02077248
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0608743
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0343855
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0171228
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0406417
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0640239
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02170482
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt044434
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0617597
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0662031
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0531
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1821212
IRS990ScheduleD/OtherSecuritiesGrp/Desc0MONEY MARKET FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1MUTUAL FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt044434
IRS990ScheduleD/TotalBookValueSecuritiesAmt0821743
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt079600
IRS990ScheduleI/RecipientTable/IRCSectionDesc0170(b)(1) A(v)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0General support - Applied Research Lab - Gears and related research
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0THE PENNSYLVANIA STATE UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientEIN0246000376
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0401 RIDER BUILDING
IRS990ScheduleI/RecipientTable/USAddress/CityNm0STATE COLLEGE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0PA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd0168014819
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0BOOK, CASH
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0AARON ISAACSON
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0EMPLOYEE OF PENN STATE UNIV
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0639077
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0GRI DIRECTS RESEARCH ACTIVITIES TO PSU'S APPLIED RESEARCH LAB (ARL)
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AGMA and ASME each are memebers that appoint one member to the GRI Board of Trustees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS PROVIDED TO GRI'S BOARD OF TRUSTEES AND REVIEWED PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS SUBJECT TO AN ANNUAL UPDATE OF RELATED PARTIES. IF,IN THE COURSE OF BUSINESS A BOARD MEMBER IS SUBJECT TO A CONFLICT OF INTEREST HE/SHE RECUSES THEMSELF FROM PARTICIPATION IN THE MATTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT GRI'S MAIN OFFICE, STATE COLLEGE, PA.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0APPLIED RESEARCH LABORATORY - THE PENNSYLVANIA STATE UNIVERSITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0MAJOR INSTITUTION OF HIGHER LEARNING, RESEARCH AND RELATED ACTIVITIES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0170(b)(1) A(v)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0401 RIDER BLDG
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0STATE COLLEGE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd0168014819
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0639077

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