Civic Intelligence

Analytic Services Inc.

990 • Fiscal year 2024 • EIN 54-0695125

Oct 01, 2023 to Sep 30, 2024 • Filed on Aug 11, 2025

4040 Wilson Blvd Suite 500Arlington, VA 22203

(703) 416-2000

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.14x

Higher debt load relative to assets than 32% of similar nonprofits.

2024 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2024

Liabilities / Revenue

31st percentile

0.27x

Higher debt load relative to revenue than 31% of similar nonprofits.

2024 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2024

Net Margin

38th percentile

0.6%

Higher net margin than 38% of similar nonprofits.

2024 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2024

Top Officer Pay

39th percentile

$640,430

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.5% of source-year revenue.

2024 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2024

Asset Growth

88th percentile

20%

Faster asset growth than 88% of similar nonprofits.

2024 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Revenue Growth

32nd percentile

3.9%

Faster revenue growth than 32% of similar nonprofits.

2024 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Assets

Up

$265,564,777

Up $44,980,733 (+20%) from 2023

Net Assets

Up

$228,261,966

Up $28,218,843 (+14%) from 2023

Liabilities

Up

$37,302,811

Up $16,761,890 (+82%) from 2023

Revenue

Up

$138,637,191

Up $5,261,605 (+3.9%) from 2023

Expenses

Up

$137,820,497

Up $2,844,602 (+2.1%) from 2023

Net Income

Up

$816,694

Up $2,417,003 (+151%) from 2023

Historical Trend

Balance Sheet Trend

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

$300M$200M$100M$0Assets 2010: $108,988,939Liabilities 2010: $20,262,891Net Assets 2010: $88,726,0482010Assets 2011: $105,309,340Liabilities 2011: $15,693,956Net Assets 2011: $89,615,3842011Assets 2012: $110,819,708Liabilities 2012: $12,504,471Net Assets 2012: $98,315,2372012Assets 2013: $117,442,494Liabilities 2013: $16,125,384Net Assets 2013: $101,317,1102013Assets 2014: $120,583,785Liabilities 2014: $16,773,199Net Assets 2014: $103,810,5862014Assets 2015: $113,459,710Liabilities 2015: $16,312,619Net Assets 2015: $97,147,0912015Assets 2016: $118,279,253Liabilities 2016: $15,478,071Net Assets 2016: $102,801,1822016Assets 2017: $154,968,001Liabilities 2017: $56,735,623Net Assets 2017: $98,232,3782017Assets 2018: $161,611,475Liabilities 2018: $52,386,989Net Assets 2018: $109,224,4862018Assets 2019: $165,113,347Liabilities 2019: $36,481,349Net Assets 2019: $128,631,9982019Assets 2020: $165,516,309Liabilities 2020: $22,518,573Net Assets 2020: $142,997,7362020Assets 2021: $183,098,732Liabilities 2021: $15,168,091Net Assets 2021: $167,930,6412021Assets 2022: $187,095,619Liabilities 2022: $38,787,787Net Assets 2022: $148,307,8322022Assets 2023: $220,584,044Liabilities 2023: $20,540,921Net Assets 2023: $200,043,1232023Assets 2024: $265,564,777Liabilities 2024: $37,302,811Net Assets 2024: $228,261,9662024

Highlighted filing

2024

Assets$265,564,777
Liabilities$37,302,811
Net Assets$228,261,966

Operations Trend

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

$150M$100M$50M$0-$50MExpenses 2010: $136,379,5562010Expenses 2011: $120,631,0842011Revenue 2012: $110,747,392Expenses 2012: $107,372,056Net Income 2012: $3,375,3362012Expenses 2013: $92,039,5502013Revenue 2014: $88,250,122Expenses 2014: $87,795,042Net Income 2014: $455,0802014Revenue 2015: $84,545,401Expenses 2015: $87,259,565Net Income 2015: -$2,714,1642015Revenue 2016: $80,879,487Expenses 2016: $81,264,410Net Income 2016: -$384,9232016Revenue 2017: $57,072,763Expenses 2017: $74,047,677Net Income 2017: -$16,974,9142017Revenue 2018: $65,132,625Expenses 2018: $65,130,979Net Income 2018: $1,6462018Revenue 2019: $73,087,555Expenses 2019: $72,517,687Net Income 2019: $569,8682019Revenue 2020: $91,658,384Expenses 2020: $83,370,990Net Income 2020: $8,287,3942020Revenue 2021: $88,248,392Expenses 2021: $85,596,541Net Income 2021: $2,651,8512021Revenue 2022: $116,267,681Expenses 2022: $115,805,259Net Income 2022: $462,4222022Revenue 2023: $133,375,586Expenses 2023: $134,975,895Net Income 2023: -$1,600,3092023Revenue 2024: $138,637,191Expenses 2024: $137,820,497Net Income 2024: $816,6942024

Highlighted filing

2024

Revenue$138,637,191
Expenses$137,820,497
Net Income$816,694
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 11, 2025
Return Version
2023v6.0
Gross Receipts
$173,952,768
Mission and Program Overview

Mission

To provide government agencies with objective, timely research and unbiased recommendations on complex technical and management problems.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$160,062,511$188,995,306▲ $28,932,795
Accounts Receivable$17,089,936$19,310,162▲ $2,220,226
Cash and Non-Interest-Bearing Accounts$12,708,731$8,251,798▼ $4,456,933
Land, Buildings, and Equipment, Net$927,830$4,919,680▲ $3,991,850
Prepaid Expenses and Deferred Charges$2,145,762$2,080,791▼ $64,971
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$220,584,044$265,564,777▲ $44,980,733
Other Assets Total$27,649,274$42,007,040▲ $14,357,766
Liabilities
Other Liabilities$5,708,111$22,068,143▲ $16,360,032
Accounts Payable and Accrued Expenses$14,037,561$15,234,668▲ $1,197,107
Deferred Revenue$795,249$0▼ $795,249
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$20,540,921$37,302,811▲ $16,761,890
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$200,043,123$228,261,966▲ $28,218,843
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$200,043,123$228,261,966▲ $28,218,843
Total Liabilities and Net Assets / Fund Balance$220,584,044$265,564,777▲ $44,980,733

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$4,919,680$16,716,896$21,636,576
Leasehold Improvements$0$6,994,017$6,994,017
Other Assets Org$19,902,621--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stephen HopkinsCEO, DirectorFT$439,193$201,237$640,430
Nate CopelandVP Operations (THRU 9/23)FT$234,395$263,644$498,039
Gary StruzikSr. VP & CFOFT$310,441$132,909$443,350
Susan HerlickVP/General Counsel & SecretaryFT$286,522$102,989$389,511
Jessica AlbostaVP OperationsFT$274,165$106,680$380,845
Duane MchenryDirector OperationsFT$265,023$80,604$345,627
Todd HarrodDirector OperationsFT$254,113$81,706$335,819
Tony FrancisVP Marketing & Business Dev.FT$251,585$83,456$335,041
Richard ClarkControllerFT$246,102$57,003$303,105
Myron FreemanVP Business Serv. (THRU 12/23)FT$251,585$50,245$301,830
Stephen GiacomucciDistinguished AnalystFT$262,080$38,285$300,365
James PlayerDistinguished AnalystFT$269,237$18,675$287,912
Carmen SpencerDirector-$85,569-$85,569
General Craig R Mckinley UsafChair-$72,000-$72,000
Ann Elise SauerDirector-$60,000-$60,000
Dr Paul N StocktonDirector-$60,000-$60,000
General John F Sattler UsmcDirector-$60,000-$60,000
Heather LaychakDirector-$60,000-$60,000
Jeffrey GrantDirector-$60,000-$60,000
Joanne O IshamDirector-$60,000-$60,000
K Dunlop ScottDirector-$60,000-$60,000
Manik RathDirector-$60,000-$60,000
Thomas I AppersonDirector-$60,000-$60,000
Vanessa MccallVP & Chro (11/23 Thru 12/23)FT$37,222$1,195$38,417

Highest Paid Contractors

ContractorServicesLocationCompensation
Aces Group LLCConsulting600 Blvd South SW STE 104, Huntsville, AL 35802$2,358,275
Lmi-llcConsulting7940 Jones Branch Drive, Mclean, VA 22102$1,497,503
ParsonsConsulting14291 Park Meadow Dr Ste 100, Chantilly, VA 20151$1,439,142
Delta Tech Engineering Service LLConsulting12229 Catanzaro Ave, Las Vegas, NV 89138$1,313,078
ISystemsConsulting9618 Larkview Ct, Fairfax Station, VA 22039$1,079,331
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$132,091,667
Investment Income
$6,524,889
Other Revenue
$20,635
Change in Net Assets
$816,694
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$83,478,062
Other Expenses$54,342,435
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$54,726,607$10,507,884-$65,234,491
Other Expenses$2,541,600$6,115,564-$8,657,164
Pension Plan Contributions$4,493,523$862,611-$5,356,134
Payroll Taxes$4,478,768$859,507-$5,338,275
Current Officers, Directors, Trustees, and Key Employees$3,177,764$605,288-$3,783,052
Other Employee Benefits$3,159,592$606,518-$3,766,110
Occupancy$2,687,673$749,997-$3,437,670
Depreciation Depletion$2,260,689$630,846-$2,891,535
Information Technology$1,825,991$509,544-$2,335,535
Travel$1,701,884$211,925-$1,913,809
Fees for Service Investment Mgmnt Fees-$818,761-$818,761
Insurance$203,227$38,710-$241,937
Fees for Services Accounting-$95,700-$95,700
Fees for Services Legal-$68,610-$68,610
Interest$550$153-$703
Total Functional Expenses$115,136,354$22,684,143$0$137,820,497
International Activity

International Summary

Offices
0
Employees
0
Spending
$2,041,771

International Compliance

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

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanInvestments-00$2,041,771
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Richard SpencerFamily Member of Carmen Spencer, DirectorEmploymentNo$215,479

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$20,899,371
Liabilities Under Section 457(b)$1,168,772
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
Yes
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, SECTION B, LINE 11:

The 990 is prepared by bdo based on information provided by analytic services inc. The 990 is reviewed by the cfo and general counsel. Feedback and changes are provided to bdo. After changes are made the 990 is reviewed by the audit committee and provided to the full board of directors, after which the 990 is submitted to the irs by analytic services inc.

FORM 990, PART VI, SECTION B, LINE 12C:

Anser's conflict of interest and related party transactions policy and procedure applies to directors, officers and "key persons" of anser or a related organization ("covered persons"). The policy requires prior disclosure of transactions that might give rise to conflict with a financial or personal interest of a covered person. Covered persons are required to disclose such transactions in advance to an independent committee of the board of directors which determines whether the transaction is (i) in the company's best interests, (ii) for the company's own benefit and (iii) fair and reasonable to the company. The committee makes a recommendation to the board. Covered persons with an interest in any matter under review are not permitted to be present at or participate in any deliberations or voting with respect to the matter giving rise to the potential conflict. Such deliberations and the decision are recorded in the meeting minutes. Covered persons annually complete and submit to the company's general counsel a questionnaire concerning conflict and interest and affiliations.

FORM 990, PART VI, SECTION B, LINE 15:

Compensation for the ceo and executive officers is reviewed annually by an independent committee of the board of directors, for recommendation to the full the board. No members of the committee or the board has a conflict of interest regarding the compensation arrangements under review. The committee takes into consideration publicly available information regarding the executive's peers, available market survey information, the advice of an independent consulting firm, as well as individual performance and the overall financial condition of the company.

FORM 990, PART VI, SECTION C, LINE 19:

The organization makes it governing documents, conflict of interest policy, and financial statements available upon request, for the same period of disclosure as set forth in section 6104(d).

Filing and Contact Details

Filer

Filer Name
Analytic Services Inc
EIN
54-0695125
In Care Of
% DRE HEYRANA
Phone
7034162000
Address
4040 Wilson Blvd Suite 500, Arlington, VA 22203

Signing Officer

Name
Hubert Shaw
Title
CFO
Phone
7034162000
Signed
2025-08-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephen Hopkins CEO
Formed
1958
Legal Domicile
CA
Voting Board Members
12
Independent Board Members
10
Employees
654
Volunteers
0

Preparer

Firm
Bdo USA
Address
8401 GREENSBORO DRIVE 800, MCLEAN, VA 22102
Preparer
Todd Teresco
Phone
7038930600
Supplemental Narrative

Additional Explanations

FORM 990, PART III, LINE 1, ORGANIZATION'S MISSION:

Analytic Services Inc.'s mission is to contribute to the security and public welfare of the United States by providing government agencies with objective, timely research and unbiased recommendations on complex technical and management problems and contributing directly and significantly to problem solving in the public interest through systems analysis and evaluation, operations research, investigation of technical feasibility and development and application of planning methods.

FORM 990, PART III, LINE 4A, PROGRAM SERVICE:

Analytic services inc. Provides independent studies and analyses to aid key decision-makers in the extended national security and homeland security communities, delivering professional services. Anser provides technical and programmatic support to clients across the national security community with particular focus on: joint operations: government entities that must work together to address national security challenges through the implementation of common and intersecting functions. Intelligence: the intelligence community. Anti-terrorism/force protection: those who implement or influence the all-hazards risk analysis continuum. Science & technology: the community that enables our nation to advance its security posture and competitive position through technological achievement. Implementing effective public sector operations: anser applies its talents to assist clients who are united by their responsibilities to implement effective public sector operations. Government leadership, at all levels, is tasked with ensuring the best and most efficient operations while achieving mission goals and objectives. Anser contributes through the following efforts: enterprise systems & planning: helping organizations develop and integrate their business processes and continuously enhance performance. Operations analysis & management: conducting systems analysis, resource planning, and program management to enable clients to improve their core mission operations.

FORM 990, PART XII, LINE 2C:

The process for overseeing the audit of the financial statements and selection of an independent accountant that audited the financial statements has been consistent with prior years.

Financial Statement Notes

SCHEDULE D, PART X, LINE 2:

The company has been granted exemption from federal income taxes under section 501(c)(3) of the internal revenue code (irc) and from state income taxes under state legislation. The company is subject to income tax on unrelated business income under section 511 of the irc. Professional acquisitions & technical services is structured as a for-profit subsidiary of anser and is subject to federal and state income tax. Any provision for income taxes related to pats was determined by management to be insignificant to the consolidated financial statements. The company recognizes the tax benefit for uncertain tax positions when it is more likely than not the position will be sustained upon examination based on the technical merits of the position. The benefit is measured as the largest benefit that is more likely than not to be realized upon ultimate settlement. The company has not identified any material uncertain tax positions. The company is not currently under audit by any taxing jurisdiction. The company is generally no longer subject to income tax examinations by the u.s. Federal, state or local tax authorities for the years ended september 30, 2020, and prior.

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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$266$37.3$228$139$138$0.82
2023Detailed filing. Detailed filing data is available for this year.$221$20.5$200$133$135$1.60
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$187$38.8$148$116$116$0.46
2021Detailed filing. Detailed filing data is available for this year.$183$15.2$168$88.2$85.6$2.65
2020Detailed filing. Detailed filing data is available for this year.$166$22.5$143$91.7$83.4$8.29
2019Detailed filing. Detailed filing data is available for this year.$165$36.5$129$73.1$72.5$0.57
2018Detailed filing. Detailed filing data is available for this year.$162$52.4$109$65.1$65.1$0.00
2017Detailed filing. Detailed filing data is available for this year.$155$56.7$98.2$57.1$74.0$17.0
2016Detailed filing. Detailed filing data is available for this year.$118$15.5$103$80.9$81.3$0.38
2015Detailed filing. Detailed filing data is available for this year.$113$16.3$97.1$84.5$87.3$2.71
2014Detailed filing. Detailed filing data is available for this year.$121$16.8$104$88.3$87.8$0.46
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$117$16.1$101$92.0
2012Summary only. Only limited summary data is available for this year.$111$12.5$98.3$111$107$3.38
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$105$15.7$89.6$121
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$109$20.3$88.7$136