Civic Intelligence

American Production and Inventory Control Society Inc

990 • Fiscal year 2023 • EIN 36-6066976

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 05, 2024

8430 W Bryn Mawr Avenue 1000Chicago, IL 60631

(773) 867-1777

Siviq Scores

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

Liabilities / Assets

85th percentile

0.68x

Higher debt load relative to assets than 85% of similar nonprofits.

2023 filings • 501(c)6 • $50M-$100M nonprofits • Source year 2023

Liabilities / Revenue

68th percentile

0.74x

Higher debt load relative to revenue than 68% of similar nonprofits.

2023 filings • 501(c)6 • $50M-$100M nonprofits • Source year 2023

Net Margin

17th percentile

-7.1%

Higher net margin than 17% of similar nonprofits.

2023 filings • 501(c)6 • $50M-$100M nonprofits • Source year 2023

Top Officer Pay

69th percentile

$1,048,744

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

2023 filings • 501(c)6 • $50M-$100M nonprofits • Source year 2023

Asset Growth

24th percentile

2.1%

Faster asset growth than 24% of similar nonprofits.

2023 filings • 501(c)6 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Revenue Growth

66th percentile

16%

Faster revenue growth than 66% of similar nonprofits.

2023 filings • 501(c)6 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Assets

Up

$40,238,200

Up $819,089 (+2.1%) from 2022

Net Assets

Down

$12,828,045

Down $1,265,905 (-9.0%) from 2022

Liabilities

Up

$27,410,155

Up $2,084,994 (+8.2%) from 2022

Revenue

Up

$37,182,679

Up $5,052,910 (+16%) from 2022

Expenses

Up

$39,830,635

Up $4,903,983 (+14%) from 2022

Net Income

Up

-$2,647,956

Up $148,927 (+5.3%) from 2022

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $8,870,566Liabilities 2010: $6,261,791Net Assets 2010: $2,608,7752010Assets 2011: $11,217,925Liabilities 2011: $6,024,580Net Assets 2011: $5,193,3452011Assets 2012: $14,906,344Liabilities 2012: $6,224,833Net Assets 2012: $8,681,5112012Assets 2013: $18,467,061Liabilities 2013: $7,609,087Net Assets 2013: $10,857,9742013Assets 2014: $20,830,898Liabilities 2014: $7,661,675Net Assets 2014: $13,169,2232014Assets 2015: $21,777,457Liabilities 2015: $7,554,796Net Assets 2015: $14,222,6612015Assets 2016: $24,212,916Liabilities 2016: $8,958,533Net Assets 2016: $15,254,3832016Assets 2017: $27,828,921Liabilities 2017: $10,478,708Net Assets 2017: $17,350,2132017Assets 2018: $31,269,169Liabilities 2018: $13,619,257Net Assets 2018: $17,649,9122018Assets 2019: $36,032,853Liabilities 2019: $17,345,664Net Assets 2019: $18,687,1892019Assets 2020: $37,098,559Liabilities 2020: $19,456,556Net Assets 2020: $17,642,0032020Assets 2021: $42,029,595Liabilities 2021: $22,062,746Net Assets 2021: $19,966,8492021Assets 2022: $39,419,111Liabilities 2022: $25,325,161Net Assets 2022: $14,093,9502022Assets 2023: $40,238,200Liabilities 2023: $27,410,155Net Assets 2023: $12,828,0452023Assets 2024: $36,275,468Liabilities 2024: $26,712,947Net Assets 2024: $9,562,5212024

Highlighted filing

2023

Assets$40,238,200
Liabilities$27,410,155
Net Assets$12,828,045

Operations Trend

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

$40M$20M$0-$20MExpenses 2010: $16,347,2542010Expenses 2011: $17,791,4532011Expenses 2012: $18,959,3832012Revenue 2013: $19,623,956Expenses 2013: $17,792,888Net Income 2013: $1,831,0682013Revenue 2014: $22,221,710Expenses 2014: $20,784,907Net Income 2014: $1,436,8032014Revenue 2015: $24,467,582Expenses 2015: $24,193,338Net Income 2015: $274,2442015Revenue 2016: $25,803,042Expenses 2016: $25,234,202Net Income 2016: $568,8402016Revenue 2017: $26,937,531Expenses 2017: $25,607,877Net Income 2017: $1,329,6542017Revenue 2018: $29,584,712Expenses 2018: $27,972,413Net Income 2018: $1,612,2992018Revenue 2019: $32,056,934Expenses 2019: $32,480,313Net Income 2019: -$423,3792019Revenue 2020: $27,546,851Expenses 2020: $29,261,246Net Income 2020: -$1,714,3952020Revenue 2021: $30,789,675Expenses 2021: $28,710,983Net Income 2021: $2,078,6922021Revenue 2022: $32,129,769Expenses 2022: $34,926,652Net Income 2022: -$2,796,8832022Revenue 2023: $37,182,679Expenses 2023: $39,830,635Net Income 2023: -$2,647,9562023Revenue 2024: $34,576,818Expenses 2024: $38,647,440Net Income 2024: -$4,070,6222024

Highlighted filing

2023

Revenue$37,182,679
Expenses$39,830,635
Net Income-$2,647,956
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 5, 2024
Return Version
2023v5.1
Gross Receipts
$51,370,769
Mission and Program Overview

Mission

Fostering the advancement of end-to-end supply chain management through a body of knowledge, innovative research, systems, and methods to create value for customers, members and organizations.

Apics builds knowledge and skills in operations and supply chain professionals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$15,472,872$15,181,604▼ $291,268
Land, Buildings, and Equipment, Net$9,306,781$8,939,859▼ $366,922
Cash and Non-Interest-Bearing Accounts$1,672,396$5,683,182▲ $4,010,786
Intangible Assets$4,042,504$3,525,354▼ $517,150
Accounts Receivable$5,076,645$2,998,406▼ $2,078,239
Prepaid Expenses and Deferred Charges$352,854$587,586▲ $234,732
Total Assets$39,419,111$40,238,200▲ $819,089
Other Assets Total$3,495,059$3,322,209▼ $172,850
Liabilities
Deferred Revenue$10,265,035$13,047,197▲ $2,782,162
Accounts Payable and Accrued Expenses$7,584,217$7,556,423▼ $27,794
Mortgage Notes Payable Secured by Investment Property$6,750,000$6,750,000→ $0
Other Liabilities$725,909$56,535▼ $669,374
Total Liabilities$25,325,161$27,410,155▲ $2,084,994
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$14,066,434$12,800,529▼ $1,265,905
Net Assets With Donor Restrictions$27,516$27,516→ $0
Total Net Assets Fund Balance$14,093,950$12,828,045▼ $1,265,905
Total Liabilities and Net Assets / Fund Balance$39,419,111$40,238,200▲ $819,089

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$8,793,230$11,805,421$20,598,651
Equipment$115,554$4,363,510$4,479,064
Leasehold Improvements$31,075$2,979,060$3,010,135
Other Assets Org$3,322,209--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$25,477---$25,477
2022$25,477---$25,477
2021$25,477---$25,477
2020$25,477---$25,477
2019$25,477---$25,477
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Abe EshkenaziCEOFT$693,149$355,595$1,048,744
Jeff ZettekEvp/CFOFT$395,823$190,152$585,975
Peter BolstorffEvpFT$343,221$167,494$510,715
Lisa SallstromEvpFT$335,071$134,021$469,092
Douglas KentEvpFT$342,860$118,906$461,766
Sherri GoodloveEvpFT$317,083$138,563$455,646
Gina DecianiVPFT$262,866$139,616$402,482

Board Members and Trustees

NameTitle
Lisa VenezianoChair
Pamela DowChair Elect
Amy AugustineDirector
Christine BarnhartDirector
James HessDirector
Jonathon WebsterDirector
Katie FowlerDirector
Mike BungeDirector
Nisa MooreDirector
Olive NgahDirector
Pedro NetoDirector
Lars MagnussonTreasurer-secretary

Highest Paid Contractors

ContractorServicesLocationCompensation
The Office Of ExperienceDigital Transformation125 S WACKER DRIVE, Chicago, IL 60606$3,833,995
Holmes CorporationProfessional Services2975 LONE OAK DRIVE, Eagan, MN 55121$2,967,226
Ncs PearsonTesting Services5601 GREEN VALLEY DR, Bloomington, MN 55437$1,303,760
PrometricProfessional Services500 ROSS STREET, Pittsburgh, PA 15262$217,550
Precon EventsProfessional Services11910 PARKLAWN DRIVE STE T, Rockville, MD 20852$200,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$27,352,380
Investment Income
$119,021
Other Revenue
$9,711,278
Change in Net Assets
$-2,647,956

Audited Revenue Reconciliation

Revenue per Audited Statements
$37,101,167
Revenue Not Reported on Financial Statements
$81,512
Revenue Not Reported on Form 990
$9,024,982
Total Revenue per Audited Statements
$46,126,149
Total Revenue per Form 990
$37,182,679
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$20,861,544
Salaries, Compensation, and Employee Benefits$18,969,091
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$13,773,653
Fees for Services Other---$4,637,225
Depreciation Depletion---$3,327,215
Advertising---$2,560,730
Office Expenses---$2,070,778
Other Employee Benefits---$1,926,681
Conferences and Meetings---$1,808,233
Current Officers, Directors, Trustees, and Key Employees---$1,407,647
Occupancy---$1,362,481
Payroll Taxes---$1,005,414
Travel---$995,259
Pension Plan Contributions---$855,696
Interest---$493,610
Fees for Services Legal---$325,377
All Other Expenses---$310,581
Other Expenses---$242,290
Insurance---$159,211
Fees for Services Accounting---$113,662
Fees for Service Investment Mgmnt Fees---$81,512
Total Functional Expenses$0$0$0$39,830,635

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$47,190,151
Total Expenses per Form 990$39,830,635
Expenses per Audited Statements$39,749,123
Expenses Not Reported on Form 990$7,441,028
Expenses Not Reported on Financial Statements$81,512
International Activity

International Summary

Offices
0
Employees
2
Spending
$796,661

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumProgram ServicesCertification Testing00$315,805
East Asia and the Pacific - Australia, Brunei, Burma, Cambodia,Program ServicesCertification Testing01$315,400
Middle East and North Africa - Algeria, Bahrain, Djibouti, Egypt,Program ServicesCertification Testing00$87,073
Sub-saharan Africa - Angola, Benin, Botswana, Burkina Faso,Program ServicesCertification Testing00$34,927
South America - Argentina, Bolivia, Brazil, Chile, Columbia, Ecuador,Program ServicesCertification Testing01$25,830
Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas,Program ServicesCertification Testing00$17,626
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
In-house lobbying only
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Rent$56,535
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 6

Yes, the organization has members.

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

The board retains the services of an independent cpa firm to prepare the organization's form 990. Management reviews the completed form 990 and provides a full copy to all voting members of the governing body prior to filing.

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

Duty to disclose and recuse from discussion and vote: any interested person with decision-making authority has a duty to disclose the existence of a potential conflict of interest in any proposed transaction or arrangement under consideration. After disclosure of the interest and all material facts related thereto by the interested person, including any initial questioning by the independent individuals on the board or committee, the interested person with the conflict of interest shall recuse himself or herself and is not permitted to participate in any discussion or vote, on the transaction or arrangement. Investigation and due diligence analysis. Apics has a duty to investigate alternatives to any proposed transaction or arrangements involving interested persons to determine whether the proposed action is in the best interest of apics. If appropriate, the chairperson may appoint a disinterested person or committee to perform this investigation. After exercising due diligence, the board or committee shall determine whether apics can obtain a more advantageous transaction or arrangement with reasonable efforts from a person or entity that would not give rise to a conflict of interest. Decision-making process: if a more advantageous transaction or arrangement is not reasonably attainable under circumstances that would not give rise to a conflict of interest, the board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in apics's best interest and whether the transaction is fair and reasonable to apics, and shall make its decision as to whether to enter into the transaction or arrangement in conformity with such determination. Contemporaneous reporting: the acts taken to comply with this policy, including the disclosure of the conflict of interest, investigation thereafter, explanation of the decision-making process, including the explanation of why the proposed action is or is not in the best interest of apics, and the individuals voting on the proposed transaction, shall be contemporaneously recorded in writing by apics in the minutes of the meeting, together with any comparability data or other supporting documentation.

Form 990, Part VI, Section B, Line 15A

The ceo compensation committee shall be a committee with corporate authority responsible for establishing compensation for the chief executive officer and communicating the performance evaluation results to the chief executive officer. The ceo compensation committee shall meet at least twice a year: once to review the chief executive officer's performance and establish the compensation for the chief executive officer; and once to communicate the performance evaluation results to the chief executive officer. The ceo compensation committee shall be composed of the chair of the board, chair-elect of the board, treasurer-secretary of the board, immediate past chair of the board, who shall serve as chair of the committee, and the previous immediate past chair of the board.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy, and audited financial statements are not generally made available to the general public, but if requests for copies of these documents were to be received, the organization would consider making them available to the requestor.

Filing and Contact Details

Filer

Filer Name
Apics Inc
EIN
36-6066976
Phone
7738671777
Address
8430 W BRYN MAWR AVENUE 1000, CHICAGO, IL 60631
Doing Business As
Association for Supply Chain Management

Signing Officer

Name
Jeffrey Zettek
Title
Chief Financial Officer
Phone
7738671777
Signed
2024-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeffrey Zettek
Formed
1957
Legal Domicile
In
Voting Board Members
12
Independent Board Members
12
Employees
119
Volunteers
1,000

Preparer

Firm
Plante & Moran Pllc
Address
10 S RIVERSIDE PLAZA 9TH FLOOR, CHICAGO, IL 60606
Preparer
Lu Ann Trapp
Phone
3122071040
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Training and instructor fees 982,503. Certification 17,890. Digital confirmation consulting 508,237. It professional fees 777,454. Channel support services 354,841. Other contractor fees 657,461. Membership fees 341,557. Other 997,282.

Financial Statement Notes

PART V, LINE 4:

The association's endowment consists of two individual donor-restricted funds established to help support the association's scholarship program.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Revenue reported on apics supply chain council, inc 416,106. Cost of publications sold 7,226,825.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Expenses reported on apics supply chain council, inc 214,203. Cost of publications sold 7,226,825.

Raw XML AppendixShowing 400 of 770 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER-SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12CEO
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IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/IndependentAuditFinclStmtInd00
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IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
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IRS990/InvestmentIncomeGrp/ExclusionAmt0390232
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0390232
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt015472872
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IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO DEVELOP AND PROVIDE EDUCATION, FRAMEWORKS, IMPROVEMENT METHODOLOGIES, TRAINING, CERTIFICATION AND BENCHMARKING TOOLS TO FACILITATE IMPROVEMENTS IN ALL FIELDS OF THE SUPPLY CHAIN PROFESSION.
IRS990/MoreThan5000KToIndividualsInd00
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IRS990/OtherExpensesGrp/Desc0UBI TAXES
IRS990/OtherExpensesGrp/Desc1CERTIFICATION TESTS
IRS990/OtherExpensesGrp/Desc2BANK FEES
IRS990/OtherExpensesGrp/Desc3TEMPORARY HELP
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16886928
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22126196
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31545898
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IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.3$26.7$9.56$34.6$38.6$4.07
2023Detailed filing. Detailed filing data is available for this year.$40.2$27.4$12.8$37.2$39.8$2.65
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.4$25.3$14.1$32.1$34.9$2.80
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$42.0$22.1$20.0$30.8$28.7$2.08
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$37.1$19.5$17.6$27.5$29.3$1.71
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.0$17.3$18.7$32.1$32.5$0.42
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.3$13.6$17.6$29.6$28.0$1.61
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.8$10.5$17.4$26.9$25.6$1.33
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.2$8.96$15.3$25.8$25.2$0.57
2015Detailed filing. Detailed filing data is available for this year.$21.8$7.55$14.2$24.5$24.2$0.27
2014Detailed filing. Detailed filing data is available for this year.$20.8$7.66$13.2$22.2$20.8$1.44
2013Detailed filing. Detailed filing data is available for this year.$18.5$7.61$10.9$19.6$17.8$1.83
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.9$6.22$8.68$19.0
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.2$6.02$5.19$17.8
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.87$6.26$2.61$16.3
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)6 • $50M-$100M nonprofits