Civic Intelligence

Maritime Institute for Research & Development

990 • Fiscal year 2019 • EIN 52-1171303

Jan 01, 2019 to Dec 31, 2019 • Filed on May 19, 2020

1025 Connecticut Ave NW Room 507Washington, DC 20036

(202) 463-6505

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.00x

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

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

22nd percentile

0.00x

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

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Net Margin

17th percentile

-7.5%

Higher net margin than 17% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

98th percentile

$256,500

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 32.6% of source-year revenue.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Asset Growth

5th percentile

-31%

Faster asset growth than 5% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

47th percentile

2.6%

Faster revenue growth than 47% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$133,213

Down $59,164 (-31%) from 2018

Net Assets

Down

$133,213

Down $59,164 (-31%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$787,882

Up $19,700 (+2.6%) from 2018

Expenses

Up

$847,046

Up $28,676 (+3.5%) from 2018

Net Income

Down

-$59,164

Down $8,976 (-18%) from 2018

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $101,690Liabilities 2010: $0Net Assets 2010: $101,6902010Assets 2011: $96,823Liabilities 2011: $0Net Assets 2011: $96,8232011Assets 2012: $72,330Liabilities 2012: $532Net Assets 2012: $71,7982012Assets 2013: $60,799Liabilities 2013: $4,746Net Assets 2013: $56,0532013Assets 2014: $115,137Liabilities 2014: $290Net Assets 2014: $114,8472014Assets 2015: $262,769Liabilities 2015: $0Net Assets 2015: $262,7692015Assets 2016: $250,599Liabilities 2016: $0Net Assets 2016: $250,5992016Assets 2017: $242,565Liabilities 2017: $0Net Assets 2017: $242,5652017Assets 2018: $192,377Liabilities 2018: $0Net Assets 2018: $192,3772018Assets 2019: $133,213Liabilities 2019: $0Net Assets 2019: $133,2132019Assets 2020: $120,222Liabilities 2020: $260Net Assets 2020: $119,9622020Assets 2021: $95,136Liabilities 2021: $79Net Assets 2021: $95,0572021Assets 2022: $28,658Liabilities 2022: $49Net Assets 2022: $28,6092022Assets 2023: $48,793Liabilities 2023: $6,475Net Assets 2023: $42,3182023Assets 2024: $51,853Liabilities 2024: $9,549Net Assets 2024: $42,3042024

Highlighted filing

2019

Assets$133,213
Liabilities$0
Net Assets$133,213

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2010: $602,305Expenses 2010: $654,801Net Income 2010: -$52,4962010Expenses 2011: $609,4052011Expenses 2012: $610,5552012Revenue 2013: $584,121Expenses 2013: $599,866Net Income 2013: -$15,7452013Revenue 2014: $672,314Expenses 2014: $613,520Net Income 2014: $58,7942014Revenue 2015: $708,536Expenses 2015: $560,614Net Income 2015: $147,9222015Revenue 2016: $720,631Expenses 2016: $732,096Net Income 2016: -$11,4652016Revenue 2017: $774,972Expenses 2017: $783,006Net Income 2017: -$8,0342017Revenue 2018: $768,182Expenses 2018: $818,370Net Income 2018: -$50,1882018Revenue 2019: $787,882Expenses 2019: $847,046Net Income 2019: -$59,1642019Revenue 2020: $823,250Expenses 2020: $835,893Net Income 2020: -$12,6432020Revenue 2021: $794,686Expenses 2021: $819,591Net Income 2021: -$24,9052021Revenue 2022: $782,101Expenses 2022: $848,549Net Income 2022: -$66,4482022Revenue 2023: $787,460Expenses 2023: $773,751Net Income 2023: $13,7092023Revenue 2024: $758,779Expenses 2024: $758,793Net Income 2024: -$142024

Highlighted filing

2019

Revenue$787,882
Expenses$847,046
Net Income-$59,164
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 19, 2020
Return Version
2019v5.1
Gross Receipts
$787,882
Mission and Program Overview

Mission

Conducting research and other related activities of concern to the American maritime industry to provide a forum for maritime labor and management to discuss and debate issues afftecting the operation of US flag commercial vessels

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$192,377$133,213▼ $59,164
Cash and Non-Interest-Bearing Accounts$145,661$86,893▼ $58,768
Savings and Temporary Cash Investments$44,288$43,892▼ $396
Total Assets$192,377$133,213▼ $59,164
Other Assets Total$2,428$2,428→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$192,377$133,213▼ $59,164
Total Liabilities and Net Assets / Fund Balance$192,377$133,213▼ $59,164
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
C James PattiPresidentFT$246,240$10,260$256,500

Board Members and Trustees

NameTitle
Don MarcusDirector
Doug MorganteDirector
Henry NuzumDirector
Ingo EsdersDirector
Jeff WilliamsDirector
Lindsay McLaughlinDirector
Steve MicelliDirector
Tim PerryDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$718,803
Program Service Revenue
$0
Investment Income
$663
Other Revenue
$68,416
Change in Net Assets
$-59,164
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$567,008
Other Expenses$280,038
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$256,500
Other Salaries and Wages---$176,243
Occupancy---$157,480
Other Employee Benefits---$63,088
Pension Plan Contributions---$43,071
Payroll Taxes---$28,106
Conferences and Meetings---$22,867
Office Expenses---$18,904
Fees for Services Other---$15,500
Travel---$11,836
Fees for Services Accounting---$10,144
Information Technology---$7,770
Insurance---$6,137
All Other Expenses---$4,897
Other Expenses---$944
Total Functional Expenses$0$0$0$847,046
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
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
Yes
Conflict-of-interest policy
No
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 6

The organization has members

Form 990, Part VI, Section A, Line 8B

The organization does not have committees that act on behalf of the governing body

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

The President is provided with a copy for review prior to the filing of the tax return

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

The Presidents compensation is reviewed by the governing board

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

Key employee is reviewed by the President with recommendation to the governing body

Form 990, Part VI, Section C, Line 19

Organization upon written request to the Office of the President makes documents available to the public

Filing and Contact Details

Filer

Filer Name
Maritime Institute for Research & Development
EIN
52-1171303
Phone
2024636505
Address
1025 Connecticut Ave NW Room 507, Washington, DC 20036

Signing Officer

Name
C James Patti
Title
President
Signed
2020-05-19
Discuss with paid preparer
Yes

Organization Details

Formed
1978
Legal Domicile
Dc
Voting Board Members
8
Independent Board Members
8
Employees
3

Preparer

Firm
Professional Solutions Inc
Address
9065 Shady Grove Court, Gaithersburg, MD 20877
Preparer
Peta-Gaye Morrison
Phone
3016415329
Raw XML Appendix339 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/TotalAssetsGrp/BOYAmt0192377
IRS990/TotalAssetsGrp/EOYAmt0133213
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt0718803
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/TotalAmt0847046
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0192377
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0133213
IRS990/TotalReportableCompFromOrgAmt0256500
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0787882
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0192377
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0133213
IRS990/TravelGrp/TotalAmt011836
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01025 Connecticut Ave NW
IRS990/USAddress/CityNm0Washington
IRS990/USAddress/StateAbbreviationCd0DC
IRS990/USAddress/ZIPCd020036
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0C James Patti
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-05-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Maritime Institute for Research & Development
ReturnHeader/Filer/BusinessNameControlTxt0MARI
ReturnHeader/Filer/EIN0521171303
ReturnHeader/Filer/PhoneNum02024636505
ReturnHeader/Filer/USAddress/AddressLine1Txt01025 Connecticut Ave NW Room 507
ReturnHeader/Filer/USAddress/CityNm0Washington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd020036
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0FB76AB3849E91E9B8D84A50ADD2262978FC5C8A6
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0FB76AB3849E91E9B8D84A50ADD2262978FC5C8A6
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt069.137.52.191
ReturnHeader/FilingSecurityInformation/IPDt02020-05-19
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm017:38:02
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Professional Solutions Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09065 Shady Grove Court
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Gaithersburg
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020877
ReturnHeader/PreparerPersonGrp/PhoneNum03016415329
ReturnHeader/PreparerPersonGrp/PreparationDt02020-05-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Peta-Gaye Morrison
ReturnHeader/ReturnTs02020-05-19T01:39:33-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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.$0.52$0.10$0.42$7.59$7.59$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.06$0.42$7.87$7.74$0.14
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.00$0.29$7.82$8.49$0.66
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.95$0.00$0.95$7.95$8.20$0.25
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.20$0.00$1.20$8.23$8.36$0.13
2019Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$7.88$8.47$0.59
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.92$0.00$1.92$7.68$8.18$0.50
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.43$0.00$2.43$7.75$7.83$0.08
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.51$0.00$2.51$7.21$7.32$0.11
2015Detailed filing. Detailed filing data is available for this year.$2.63$0.00$2.63$7.09$5.61$1.48
2014Detailed filing. Detailed filing data is available for this year.$1.15$0.00$1.15$6.72$6.14$0.59
2013Detailed filing. Detailed filing data is available for this year.$0.61$0.05$0.56$5.84$6.00$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.01$0.72$6.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.00$0.97$6.09
2010Summary only. Only limited summary data is available for this year.$1.02$0.00$1.02$6.02$6.55$0.52