Civic Intelligence

Intellectual Property Institute Inc

EIN 46-4630127 • 501(c)6 • Northborough, MA

Profile

The mission and purpose of the ipi is to foster a nationwide but limited network of highly skilled and experienced intellectual property attorneys to: a) engage in peer-to-peer professional development in ways that uniquely assist the members; b) enhance skills directly related to the trial of intellectual property cases; c) serve as an established network and referral source for attorneys who practice intellectual property law at the highest level; and d) promote collegiality and professional cooperation amongst its members.

CO Mh CO 113 West Main StreetNorthborough, MA 01532

www.ipitrial.com

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

51st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

1st percentile

-36400%

Higher net margin than 1% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

44th percentile

-4.6%

Faster asset growth than 44% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

4th percentile

-92%

Faster revenue growth than 4% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets49th percentile

Assets

Down

$37,714

Down $1,820 (-4.6%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$37,714

Down $1,820 (-4.6%) from 2023

Operations
Liabilities / Revenue51st percentileNet Margin1st percentile

Revenue

Down

$5

Down $55 (-92%) from 2023

Expenses

Up

$1,825

Up $1,125 (+161%) from 2023

Net Income

Down

-$1,820

Down $1,180 (-184%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth44th percentile

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

$60K$40K$20K$0Assets 2015: $19,957Liabilities 2015: $02015Assets 2016: $18,349Liabilities 2016: $02016Assets 2017: $34,837Liabilities 2017: $02017Assets 2018: $41,811Liabilities 2018: $02018Assets 2019: $39,872Liabilities 2019: $02019Assets 2020: $43,739Liabilities 2020: $02020Assets 2021: $42,603Liabilities 2021: $0Net Assets 2021: $42,6032021Assets 2022: $40,174Liabilities 2022: $0Net Assets 2022: $40,1742022Assets 2023: $39,534Liabilities 2023: $0Net Assets 2023: $39,5342023Assets 2024: $37,714Liabilities 2024: $0Net Assets 2024: $37,7142024

Highlighted filing

2024

Assets$37,714
Liabilities$0
Net Assets$37,714
Open 2024 Filing

Operations Trend

Revenue Growth4th percentile

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

$40K$30K$20K$10K$0-$10KRevenue 2015: $23,906Expenses 2015: $14,832Net Income 2015: $9,0742015Revenue 2016: $18,532Expenses 2016: $20,140Net Income 2016: -$1,6082016Revenue 2017: $30,709Expenses 2017: $14,221Net Income 2017: $16,4882017Revenue 2018: $21,662Expenses 2018: $14,688Net Income 2018: $6,9742018Revenue 2019: $14,312Expenses 2019: $16,251Net Income 2019: -$1,9392019Revenue 2020: $5,653Expenses 2020: $1,786Net Income 2020: $3,8672020Revenue 2021: $4Expenses 2021: $1,140Net Income 2021: -$1,1362021Revenue 2022: $12Expenses 2022: $2,441Net Income 2022: -$2,4292022Revenue 2023: $60Expenses 2023: $700Net Income 2023: -$6402023Revenue 2024: $5Expenses 2024: $1,825Net Income 2024: -$1,8202024

Highlighted filing

2024

Revenue$5
Expenses$1,825
Net Income-$1,820
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$37,714
Liabilities
$0
Net assets
$37,714
Revenue
$5
Expenses
$1,825
Net income
-$1,820
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$37.7$0.00$37.7$0.01$1.83$1.82
2023Detailed filing. Detailed filing data is available for this year.$39.5$0.00$39.5$0.06$0.70$0.64
2022Detailed filing. Detailed filing data is available for this year.$40.2$0.00$40.2$0.01$2.44$2.43
2021Detailed filing. Detailed filing data is available for this year.$42.6$0.00$42.6$0.00$1.14$1.14
2020Summary only. Only limited summary data is available for this year.$43.7$0.00$5.65$1.79$3.87
2019Summary only. Only limited summary data is available for this year.$39.9$0.00$14.3$16.3$1.94
2018Summary only. Only limited summary data is available for this year.$41.8$0.00$21.7$14.7$6.97
2017Summary only. Only limited summary data is available for this year.$34.8$0.00$30.7$14.2$16.5
2016Summary only. Only limited summary data is available for this year.$18.3$0.00$18.5$20.1$1.61
2015Summary only. Only limited summary data is available for this year.$20.0$0.00$23.9$14.8$9.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.1
Gross Receipts
$5
Mission and Program Overview

Mission

The mission and purpose of the ipi is to foster a nationwide but limited network of highly skilled and experienced intellectual property attorneys to: a) engage in peer-to-peer professional development in ways that uniquely assist the members; b) enhance skills directly related to the trial of intellectual property cases; c) serve as an established network and referral source for attorneys who practice intellectual property law at the highest level; and d) promote collegiality and professional cooperation amongst its members.

Program Services

DescriptionGrantsExpenses
IN FISCAL YEAR 2024, AS RESULT OF THE PANDEMIC, THE INTELLECTUAL PROPERTY INSTITUTE DID NOT HOLD AN IN PERSON MEETING NOR DID IT HOLD ANY SKILLS DEVELOPMENT OR NETWORKING MEETINGS.$0$700
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JACK A WHEATPresident-$0--
ANDREW BERGERTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Intellectual Property Institute Inc
EIN
46-4630127
Phone
5084812211
Address
CO MH CO 113 WEST MAIN STREET, NORTHBOROUGH, MA 01532

Signing Officer

Name
Jack a Wheat
Title
President
Phone
5084812211
Signed
2025-05-14
Discuss with paid preparer
Yes

Preparer

Firm
Mccarthy Hargrave & Co
Address
113 WEST MAIN STREET, NORTHBOROUGH, MA 01532
Preparer
Jonathan Furey CPA
Phone
5084812211
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

“Description: interest income. Amount: 5.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: travel & meetings. Amount: 1,125.”

Raw XML Appendix99 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum05084812211
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0C/O MH CO 113 MAIN STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NORTHBOROUGH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd001532
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt039534
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt037714
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-1820
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0700
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IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt039534
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IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt039534
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt037714
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JACK A WHEAT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ANDREW BERGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt01125
IRS990EZ/OtherRevenueTotalAmt05
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION AND PURPOSE OF THE IPI IS TO FOSTER A NATIONWIDE BUT LIMITED NETWORK OF HIGHLY SKILLED AND EXPERIENCED INTELLECTUAL PROPERTY ATTORNEYS TO: A) ENGAGE IN PEER-TO-PEER PROFESSIONAL DEVELOPMENT IN WAYS THAT UNIQUELY ASSIST THE MEMBERS; B) ENHANCE SKILLS DIRECTLY RELATED TO THE TRIAL OF INTELLECTUAL PROPERTY CASES; C) SERVE AS AN ESTABLISHED NETWORK AND REFERRAL SOURCE FOR ATTORNEYS WHO PRACTICE INTELLECTUAL PROPERTY LAW AT THE HIGHEST LEVEL; AND D) PROMOTE COLLEGIALITY AND PROFESSIONAL COOPERATION AMONGST ITS MEMBERS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0IN FISCAL YEAR 2024, AS RESULT OF THE PANDEMIC, THE INTELLECTUAL PROPERTY INSTITUTE DID NOT HOLD AN IN PERSON MEETING NOR DID IT HOLD ANY SKILLS DEVELOPMENT OR NETWORKING MEETINGS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0700
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt01825
IRS990EZ/TotalProgramServiceExpensesAmt0700
IRS990EZ/TotalRevenueAmt05
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.IPITRIAL.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 5.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: TRAVEL & MEETINGS. AMOUNT: 1,125.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JACK A WHEAT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05084812211
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INTELLECTUAL PROPERTY INSTITUTE INC
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ReturnHeader/Filer/EIN0464630127
ReturnHeader/Filer/PhoneNum05084812211
ReturnHeader/Filer/USAddress/AddressLine1Txt0CO MH CO 113 WEST MAIN STREET
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ReturnHeader/Filer/USAddress/ZIPCd001532
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042594880
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MCCARTHY HARGRAVE & CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0113 WEST MAIN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORTHBOROUGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001532
ReturnHeader/PreparerPersonGrp/PhoneNum05084812211
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JONATHAN FUREY CPA
ReturnHeader/ReturnTs02025-05-14T12:43:34-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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