Civic Intelligence

Crsi Education and Research Foundation

990 • Fiscal year 2014 • EIN 36-3675493

Jan 01, 2014 to Dec 31, 2014 • Filed on May 08, 2015

933 North Plum Grove RoadSchaumburg, IL 60173

(847) 517-1200

Siviq Scores

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

Liabilities / Assets

35th percentile

0.04x

Higher debt load relative to assets than 35% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

66th percentile

0.26x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

90th percentile

44%

Higher net margin than 90% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

94th percentile

$312,535

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 98.6% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

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

Source year 2014

Revenue Growth

Score unavailable

No value available

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

Source year 2014

Assets

$2,272,676

No earlier filing loaded for comparison.

Net Assets

$2,190,098

No earlier filing loaded for comparison.

Liabilities

$82,578

No earlier filing loaded for comparison.

Revenue

$317,130

No earlier filing loaded for comparison.

Expenses

$176,327

No earlier filing loaded for comparison.

Net Income

$140,803

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.

$4.0M$3.0M$2.0M$1.0M$0Assets 2014: $2,272,676Liabilities 2014: $82,578Net Assets 2014: $2,190,0982014Assets 2016: $2,819,974Liabilities 2016: $22,399Net Assets 2016: $2,797,5752016Assets 2017: $3,011,632Liabilities 2017: $41,080Net Assets 2017: $2,970,5522017Assets 2018: $3,088,240Liabilities 2018: $44,827Net Assets 2018: $3,043,4132018Assets 2019: $3,284,909Liabilities 2019: $16,215Net Assets 2019: $3,268,6942019Assets 2022: $3,084,342Liabilities 2022: $106,569Net Assets 2022: $2,977,7732022Assets 2024: $3,631,865Liabilities 2024: $55,674Net Assets 2024: $3,576,1912024

Highlighted filing

2014

Assets$2,272,676
Liabilities$82,578
Net Assets$2,190,098

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2014: $317,130Expenses 2014: $176,327Net Income 2014: $140,8032014Revenue 2016: $162,129Expenses 2016: $222,982Net Income 2016: -$60,8532016Revenue 2017: $274,695Expenses 2017: $304,990Net Income 2017: -$30,2952017Revenue 2018: $496,813Expenses 2018: $249,222Net Income 2018: $247,5912018Revenue 2019: $500,607Expenses 2019: $182,641Net Income 2019: $317,9662019Revenue 2022: $167,329Expenses 2022: $245,489Net Income 2022: -$78,1602022Revenue 2024: $262,046Expenses 2024: $227,052Net Income 2024: $34,9942024

Highlighted filing

2014

Revenue$317,130
Expenses$176,327
Net Income$140,803
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 8, 2015
Return Version
2014v5.0
Gross Receipts
$1,473,493
Mission and Program Overview

Mission

To provide educational and research resources for students and professionals for the built reinforced concrete environment.

To administer and fund graduate and undergraduate scholarships for architectural and/or engineering students, along with training programs at vocational/technical schools which offer programs in estimating and/or detailing of reinforcing steel

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,548,985$1,774,600▲ $225,615
Savings and Temporary Cash Investments$802,739$498,076▼ $304,663
Total Assets$2,352,724$2,272,676▼ $80,048
Other Assets Total$1,000$0▼ $1,000
Liabilities
Grants Payable$124,500$77,500▼ $47,000
Other Liabilities$15,350$5,078▼ $10,272
Accounts Payable and Accrued Expenses$2,064--
Total Liabilities$141,914$82,578▼ $59,336
Net Assets / Fund Balance
Unrestricted Net Assets$2,185,810$2,165,098▼ $20,712
Temporarily Rstr Net Assets$25,000$25,000→ $0
Total Net Assets Fund Balance$2,210,810$2,190,098▼ $20,712
Total Liabilities and Net Assets / Fund Balance$2,352,724$2,272,676▼ $80,048
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert J StoneChairman
Robert J RisserPresident
Connie MacolinoDirector
Conrad PaulsonDirector
Gregory D McveighDirector
Howard BennionDirector
James L DiggsDirector
John JardineDirector
Keith LepageDirector
Lee DisburyDirector
Matthew BraceDirector
Tim ThomasDirector
Antonio S LimbardoDirector Emeriti
Robert B BrackDirector Emeriti
Michael C MotaSecretary
Scott D LeibTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$72,918
Program Service Revenue
$0
Investment Income
$244,212
Other Revenue
$0
All Other Contributions
$17,500
Change in Net Assets
$140,803

Audited Revenue Reconciliation

Revenue per Audited Statements
$317,130
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-95,193
Total Revenue per Audited Statements
$221,937
Total Revenue per Form 990
$317,130
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$94,500
Other Expenses$81,827
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$52,500--$52,500
Fees for Services Management-$48,475-$48,475
Grants to Domestic Individuals$42,000--$42,000
Fees for Services Accounting-$10,223-$10,223
Fees for Service Investment Mgmnt Fees-$9,369-$9,369
Office Expenses-$6,463-$6,463
Insurance-$3,997-$3,997
Fees for Services Legal-$3,078-$3,078
Information Technology-$222-$222
Total Functional Expenses$94,500$81,827$0$176,327

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$242,649
Expenses per Audited Statements$176,327
Total Expenses per Form 990$176,327
Expenses Not Reported on Form 990$66,322
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Charles Pankow FoundationPasadena, CA501(c)(3)To Priovide Financial and Technical Support for a Research Fellowship$30,000
University of Texas - AustinAustin, TXState of TexasTo Provide Financial and Technical Support for a Research Fellowship$15,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$66,322
Fundraising Gross Income$66,322
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Western Region Fundraiser$74,380$30,908$30,908$0
Eastern Region Fundraising$36,445$28,614$28,614$0
Total Events$121,740$66,322$66,322$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payable to Concrete Reinforcing Steel Institute$5,078
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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 2

A business relationship exists between the president and the secretary, to the extent that both are employed by concrete reinforcing steel institute. Similarly, a business relationship also exists between two other directors, james l. Diggs and howard bennion, who each are employed by the same company.

Form 990, Part VI, Section B, Line 11

A draft of the form 990 was circulated to all members of the board of directors prior to filing the form.

Form 990, Part VI, Section C, Line 19

The foundation's governing documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Crsi Education and Research Foundation
EIN
36-3675493
Phone
8475171200
Address
933 NORTH PLUM GROVE ROAD, SCHAUMBURG, IL 60173

Signing Officer

Name
Robert J Risser
Title
President
Phone
8475171200
Signed
2015-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert J Risser
Formed
1989
Legal Domicile
Il
Voting Board Members
14
Independent Board Members
13
Employees
0
Volunteers
16

Preparer

Firm
Selden Fox Ltd
Address
619 ENTERPRISE DRIVE, OAK BROOK, IL 60523-8835
Preparer
Scott Dykshorn
Phone
6309541400
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 2C, AUDIT COMMITTEE:

The board of directors has responsibility for oversight of the audit and approves the selection of the independent auditors.

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Direct fundraising expenses 66,322.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Direct fundraising expenses 66,322.

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IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE EDUCATIONAL AND RESEARCH RESOURCES FOR STUDENTS AND PROFESSIONALS FOR THE BUILT REINFORCED CONCRETE ENVIRONMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02210810
IRS990/NetAssetsOrFundBalancesEOYAmt02190098
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0197507
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0197507
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-161515
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06463
IRS990/OfficeExpensesGrp/TotalAmt06463
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01000
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherLiabilitiesGrp/BOYAmt015350
IRS990/OtherLiabilitiesGrp/EOYAmt05078
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ROBERT J RISSER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0GRANTS TO TRAINING PROGRAMS AT VOCATIONAL/TECHNICAL SCHOOLS WHICH OFFER PROGRAMS IN ESTIMATING AND/OR DETAILING OF REINFORCING STEEL.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt052500
IRS990/ProgSrvcAccomActy2Grp/GrantAmt052500
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0107434
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0141500
IRS990/PYInvestmentIncomeAmt077948
IRS990/PYOtherExpensesAmt089425
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-45543
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0230925
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0185382
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0140803
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0802739
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0498076
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt072918
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0107434
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt086635
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt074518
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0108539
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0450044
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt046705
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt073540
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt046749
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt045536
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt044714
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0257244
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.53720
IRS990ScheduleA/PublicSupportPY170Pct00.53500
IRS990ScheduleA/PublicSupportTotal170Amt0379920
IRS990ScheduleA/SubstantialContributorsTotAmt070124
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt072918
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0107434
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt086635
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt074518
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0108539
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0450044
IRS990ScheduleA/TotalSupportAmt0707288
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt066322
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0176327
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-161515
IRS990ScheduleD/OtherExpensesIncludedAmt066322
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05078
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYABLE TO CONCRETE REINFORCING STEEL INSTITUTE
IRS990ScheduleD/OtherRevenueAmt066322
IRS990ScheduleD/RevenueNotReportedAmt0-95193
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0317130
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DIRECT FUNDRAISING EXPENSES 66,322.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DIRECT FUNDRAISING EXPENSES 66,322.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0176327
IRS990ScheduleD/TotalLiabilityAmt05078
IRS990ScheduleD/TotalRevenuePerForm990Amt0317130
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0221937
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0242649
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt055418
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt043472
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt07831
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt04115
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt066322
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0WESTERN REGION FUNDRAISER
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0EASTERN REGION FUNDRAISING
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt074380
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt036445
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt010915
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0121740
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt030908
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt028614
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt06800
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt066322
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt06800
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt066322
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt030908
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt028614
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt042000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS/EDUCATIONAL ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0N/A
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt022
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0N/A
IRS990ScheduleI/RecipientTable/CashGrantAmt015000
IRS990ScheduleI/RecipientTable/CashGrantAmt130000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0STATE OF TEXAS
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0N/A
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc1N/A
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO PROVIDE FINANCIAL AND TECHNICAL SUPPORT FOR A RESEARCH FELLOWSHIP

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