Civic Intelligence

Maritime Institute for Research & Development

990 • Fiscal year 2020 • EIN 52-1171303

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 14, 2021

1025 Connecticut Ave NWWashington, DC 20036

(202) 463-6505

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

Higher debt load relative to assets than 26% of similar nonprofits.

2020 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

22nd percentile

0.00x

Higher debt load relative to revenue than 22% of similar nonprofits.

2020 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2020

Net Margin

31st percentile

-1.5%

Higher net margin than 31% of similar nonprofits.

2020 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

98th percentile

$256,500

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 31.2% of source-year revenue.

2020 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2020

Asset Growth

16th percentile

-9.8%

Faster asset growth than 16% of similar nonprofits.

2020 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

77th percentile

4.5%

Faster revenue growth than 77% of similar nonprofits.

2020 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Down

$120,222

Down $12,991 (-9.8%) from 2019

Net Assets

Down

$119,962

Down $13,251 (-9.9%) from 2019

Liabilities

Up

$260

Up $260 from 2019

Revenue

Up

$823,250

Up $35,368 (+4.5%) from 2019

Expenses

Down

$835,893

Down $11,153 (-1.3%) from 2019

Net Income

Up

-$12,643

Up $46,521 (+79%) from 2019

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

2020

Assets$120,222
Liabilities$260
Net Assets$119,962

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

2020

Revenue$823,250
Expenses$835,893
Net Income-$12,643
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 14, 2021
Return Version
2020v4.1
Gross Receipts
$823,250
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

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$133,213$119,962▼ $13,251
Cash and Non-Interest-Bearing Accounts$86,893$117,794▲ $30,901
Savings and Temporary Cash Investments$43,892--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$133,213$120,222▼ $12,991
Other Assets Total$2,428$2,428→ $0
Liabilities
Other Liabilities$0$260▲ $260
Accounts Payable and Accrued Expenses$0$0→ $0
Total Liabilities$0$260▲ $260
Net Assets / Fund Balance
Total Net Assets Fund Balance$133,213$119,962▼ $13,251
Total Liabilities and Net Assets / Fund Balance$133,213$120,222▼ $12,991
Compensation and Service Providers

Employees

NameTitleBaseTotal
C James PattiPresident$256,500$256,500
C James Patti-$246,240$246,240

Board Members and Trustees

NameTitle
Don MarcusDirector
Ed HanleyDirector
Henry NuzumDirector
Ingo EsdersDirector
Jeff WilliamsDirector
Lindsay McLaughlinDirector
Ryan PereydaDirector
Tim PerryDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$765,801
Program Service Revenue
$0
Investment Income
$106
Other Revenue
$57,343
All Other Contributions
$765,801
Change in Net Assets
$-12,643
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$582,386
Other Expenses$253,507
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$0$0$0$256,500
Occupancy$0$0$0$184,009
Other Salaries and Wages$0$0$0$179,055
Other Employee Benefits$0$0$0$70,525
Pension Plan Contributions$0$0$0$47,040
Payroll Taxes$0$0$0$29,266
Office Expenses$0$0$0$22,658
Fees for Services Other$0$0$0$20,807
Information Technology$0$0$0$7,956
Fees for Services Accounting$0$0$0$5,846
Insurance$0$0$0$5,823
Conferences and Meetings$0$0$0$5,551
Travel$0$0$0$857
Total Functional Expenses$0$0$0$835,893
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit card payable$260
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

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

Signing Officer

Name
C James Patti
Title
President
Phone
2024636505
Signed
2021-11-14
Discuss with paid preparer
Yes

Organization Details

Formed
1978
Legal Domicile
Dc
Voting Board Members
9
Independent Board Members
9
Employees
3
Volunteers
0

Preparer

Firm
Moer & Leege Pa Cpas
Address
9065 Shady Grove Court, Gaithersburg, MD 20877
Preparer
Peta-Gaye Morrison
Phone
3016415329
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

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

Pt VI, Line 15A

President's compensation is reviewed by the governing board

Pt VI, Line 19

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

Pt VI, Line 6

Organization has members

Pt VI, Line 8B

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

Pt VI, Line 15B

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

Raw XML Appendix367 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The president is provided with a copy for review prior to the filing of the tax return
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1President's compensation is reviewed by the governing board
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Organization upon written request to the Office of the President makes documents available to the public
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Organization has members
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Organization does not have committees that act on behalf of the governing body
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Key employee is reviewed by the President with recommendation to the governing body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 15b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0DC
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0133213
IRS990/TotalAssetsEOYAmt0120222
IRS990/TotalAssetsGrp/BOYAmt0133213
IRS990/TotalAssetsGrp/EOYAmt0120222
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt0765801
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0835893
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt0260
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0260
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0133213
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0119962
IRS990/TotalOtherCompensationAmt00
IRS990/TotalReportableCompFromOrgAmt0256500
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt057449
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0823250
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0133213
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0120222
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt0857
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01025 Connecticut Ave NW
IRS990/USAddress/CityNm0Washington
IRS990/USAddress/StateAbbreviationCd0DC
IRS990/USAddress/ZIPCd020036
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0C James Patti
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum02024636505
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Maritime Institute for Research & Development
ReturnHeader/Filer/BusinessNameControlTxt0MARI
ReturnHeader/Filer/EIN0521171303
ReturnHeader/Filer/PhoneNum02024636505
ReturnHeader/Filer/USAddress/AddressLine1Txt01025 Connecticut Ave NW
ReturnHeader/Filer/USAddress/CityNm0Washington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd020036
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MOER & LEEGE PA CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09065 Shady Grove Court
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Gaithersburg
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020877
ReturnHeader/PreparerPersonGrp/PhoneNum03016415329
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Peta-Gaye Morrison
ReturnHeader/ReturnTs02021-11-14T12:01:49-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0C James
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Patti
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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
2020Detailed filing. Detailed filing data is available for this year.$1.20$0.00$1.20$8.23$8.36$0.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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