Civic Intelligence

Potomac Institute for Policy Studies

990 • Fiscal year 2015 • EIN 54-1700997

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 08, 2016

901 North Stuart Street No 1200Arlington, VA 22203

(703) 525-0770

Siviq Scores

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

Liabilities / Assets

81st percentile

0.69x

Higher debt load relative to assets than 81% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

57th percentile

0.33x

Higher debt load relative to revenue than 57% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

38th percentile

0.4%

Higher net margin than 38% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

88th percentile

$434,053

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 3.8% of source-year revenue.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

13th percentile

-7.1%

Faster asset growth than 13% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

70th percentile

11%

Faster revenue growth than 70% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Assets

Down

$5,333,042

Down $408,396 (-7.1%) from 2014

Net Assets

Up

$1,641,725

Up $39,545 (+2.5%) from 2014

Liabilities

Down

$3,691,317

Down $447,941 (-11%) from 2014

Revenue

Up

$11,276,625

Up $1,161,375 (+11%) from 2014

Expenses

Up

$11,237,080

Up $1,123,250 (+11%) from 2014

Net Income

Up

$39,545

Up $38,125 (+2685%) from 2014

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $2,907,807Liabilities 2010: $1,072,963Net Assets 2010: $1,834,8442010Assets 2011: $4,477,011Liabilities 2011: $2,196,633Net Assets 2011: $2,280,3782011Assets 2012: $4,646,655Liabilities 2012: $2,153,679Net Assets 2012: $2,492,9762012Assets 2013: $5,784,714Liabilities 2013: $4,183,954Net Assets 2013: $1,600,7602013Assets 2014: $5,741,438Liabilities 2014: $4,139,258Net Assets 2014: $1,602,1802014Assets 2015: $5,333,042Liabilities 2015: $3,691,317Net Assets 2015: $1,641,7252015Assets 2016: $5,377,329Liabilities 2016: $4,517,640Net Assets 2016: $859,6892016Assets 2017: $4,791,734Liabilities 2017: $3,922,453Net Assets 2017: $869,2812017Assets 2018: $3,752,248Liabilities 2018: $2,001,657Net Assets 2018: $1,750,5912018Assets 2019: $4,229,418Liabilities 2019: $1,401,898Net Assets 2019: $2,827,5202019Assets 2020: $5,515,056Liabilities 2020: $1,788,675Net Assets 2020: $3,726,3812020Assets 2021: $5,742,038Liabilities 2021: $1,617,596Net Assets 2021: $4,124,4422021Assets 2022: $22,233,192Liabilities 2022: $17,493,744Net Assets 2022: $4,739,4482022Assets 2023: $19,873,843Liabilities 2023: $16,124,631Net Assets 2023: $3,749,2122023Assets 2024: $16,226,915Liabilities 2024: $13,731,842Net Assets 2024: $2,495,0732024

Highlighted filing

2015

Assets$5,333,042
Liabilities$3,691,317
Net Assets$1,641,725

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $11,534,5482010Expenses 2011: $11,720,2252011Expenses 2012: $11,386,2512012Revenue 2013: $9,510,292Expenses 2013: $10,402,508Net Income 2013: -$892,2162013Revenue 2014: $10,115,250Expenses 2014: $10,113,830Net Income 2014: $1,4202014Revenue 2015: $11,276,625Expenses 2015: $11,237,080Net Income 2015: $39,5452015Revenue 2016: $11,456,118Expenses 2016: $12,238,154Net Income 2016: -$782,0362016Revenue 2017: $11,256,473Expenses 2017: $11,246,881Net Income 2017: $9,5922017Revenue 2018: $11,853,668Expenses 2018: $10,972,358Net Income 2018: $881,3102018Revenue 2019: $12,146,925Expenses 2019: $11,069,996Net Income 2019: $1,076,9292019Revenue 2020: $11,442,980Expenses 2020: $10,544,119Net Income 2020: $898,8612020Revenue 2021: $10,808,828Expenses 2021: $10,410,767Net Income 2021: $398,0612021Revenue 2022: $13,330,733Expenses 2022: $13,214,756Net Income 2022: $115,9772022Revenue 2023: $11,664,892Expenses 2023: $12,655,128Net Income 2023: -$990,2362023Revenue 2024: $7,212,447Expenses 2024: $8,196,293Net Income 2024: -$983,8462024

Highlighted filing

2015

Revenue$11,276,625
Expenses$11,237,080
Net Income$39,545
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 8, 2016
Return Version
2015v2.1
Gross Receipts
$11,276,625
Mission and Program Overview

Mission

The potomac institute for policy studies is an independent, 501(c)(3), not-for-profit public policy research institute. The institute identifies and aggressively shepherds discussion on key science and technology issues facing our society. (continued schedule o) from these discussions and forums, the institute develops meaningful science and technology policy options and ensures their implementation at the intersection of business and government.

Contract research & studies of scientific technology & policy

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$1,500,694$1,634,497▲ $133,803
Land, Buildings, and Equipment, Net$1,231,531$1,082,372▼ $149,159
Savings and Temporary Cash Investments$1,568,224$1,008,437▼ $559,787
Total Assets$5,741,438$5,333,042▼ $408,396
Other Assets Total$1,440,989$1,607,736▲ $166,747
Liabilities
Other Liabilities$3,207,039$3,035,559▼ $171,480
Accounts Payable and Accrued Expenses$566,545$561,416▼ $5,129
Unsecured Notes Loans Payable$365,674$94,342▼ $271,332
Total Liabilities$4,139,258$3,691,317▼ $447,941
Net Assets / Fund Balance
Unrestricted Net Assets$1,602,180$1,641,725▲ $39,545
Total Net Assets Fund Balance$1,602,180$1,641,725▲ $39,545
Total Liabilities and Net Assets / Fund Balance$5,741,438$5,333,042▼ $408,396

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$977,416$639,733$1,617,149
Equipment$104,956$350,011$454,967
Other Assets Org$178,954--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael S SwetnamCEOPT$392,391$41,662$434,053
THOMAS M O'LEARYExecutive V.p.PT$310,433$43,090$353,523
Gail G Clifford CPAV.p. for Financial ManagemPT$307,311$44,504$351,815
Robert HummelEmployeeFT$202,674$43,754$246,428
Harold LyonsEmployeeFT$190,579$41,509$232,088
Laura WorcesterEmployeeFT$170,410$43,969$214,379
Gary BrownEmployeeFT$180,092$11,113$191,205
James DiningerEmployeeFT$162,618$12,262$174,880
Alfred M GrayDirector-$94,500-$94,500
Lyle a Cox Jr PhdDirector-$66,000-$66,000

Board Members and Trustees

NameTitle
Gary L SojkaDirector
Howard K SchueDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$10,000
Program Service Revenue
$11,203,702
Investment Income
$1,781
Other Revenue
$61,142
All Other Contributions
$10,000
Change in Net Assets
$39,545

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,276,625
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$11,276,625
Total Revenue per Form 990
$11,276,625
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,550,796
Other Expenses$4,686,284
Total Fundraising Expense$1,500
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,989,647$683,131-$3,672,778
Occupancy-$1,485,153-$1,485,153
Current Officers, Directors, Trustees, and Key Employees$811,228$488,663-$1,299,891
Other Employee Benefits-$1,032,672-$1,032,672
Payroll Taxes-$352,159-$352,159
Pension Plan Contributions-$193,296-$193,296
All Other Expenses$23,519$158,271$1,500$183,290
Depreciation Depletion-$182,414-$182,414
Travel$76,455$51,197-$127,652
Other Expenses$1,500$76,655-$76,655
Office Expenses$6,058$38,008-$44,066
Fees for Services Legal-$41,554-$41,554
Conferences and Meetings$3,600$6,392-$9,992
Fees for Services Accounting-$4,210-$4,210
Insurance-$2,457-$2,457
Total Functional Expenses$5,806,619$5,428,961$1,500$11,237,080

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$11,237,080
Total Expenses per Audited Statements$11,237,080
Total Expenses per Form 990$11,237,080
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
General Alfred M GrayBoard/regents MemberServices for Contract WorkNo$94,500
Alan MoghissiRegents MemberServices for Contract WorkNo$84,000
Dr Henry OrejuelaRegents MemberServices for Contract WorkNo$77,500
Lyle a CoxBoard MemberServices for Contract WorkNo$66,000
Yonah AlexanderRegents MemberServices for Contract WorkNo$60,000
Lieutenant General George FlynnRegents MemberServices for Contract WorkNo$48,050
Melissa HathawayRegents MemberServices for Contract WorkNo$46,000
Alden V MunsonRegents MemberServices for Contract WorkNo$41,000
H Lee BuchananRegents MemberServices for Contract WorkNo$36,083
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Rent Obligation$2,137,485
Deferred Compensation Obligation$422,099
Rate Variance Wip$233,093
Wages and Related Taxes Payable$103,134
Other Current Liabilities$73,242
Accrued Expenses$66,506
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 family members
No
Business relationship with organization members
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

All officers review the irs form 990 prior to submission to the irs. The annual financial information and irs filings are made available to the board of directors for review.

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

The conflict of interest policy is in the personnel policy manual. This is monitored constantly and in detail annually with each employee as part of the annual employee evaluation/review.

Form 990, Part VI, Section B, Line 15

The institute has a compensation committee. The compensation committee obtains surveys and studies to determine appropriate competitive compensation. Executive compensation is approved by the committee and the board.

Form 990, Part VI, Section C, Line 19

Potomac institute for policy studies has its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Potomac Institute for Policy Studies
EIN
54-1700997
Phone
7035250770
Address
901 NORTH STUART STREET NO 1200, ARLINGTON, VA 22203

Signing Officer

Name
Gail G Clifford CPA
Title
CFO
Phone
7035250770
Signed
2016-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gail G Clifford CPA
Formed
1994
Legal Domicile
De
Voting Board Members
7
Independent Board Members
2
Employees
53
Volunteers
0

Preparer

Firm
Mitchell & Co Pc
Address
110 EAST MARKET ST 200, LEESBURG, VA 20176
Preparer
W Matthew Burns
Phone
7037774900
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 2C

Audit committee oversees the selection of independent auditor and the review of the annual audited financial statements. The audit committee meets with the auditors annually to review the financial results and then presents the annual audited report to the board for review and final approval.

Financial Statement Notes

PART X, LINE 2:

The institution adopted the guidance under asc topic 740, income taxes, for the year ended december 31, 2015. Management has evaluated the organization's tax positions and concluded that the institution has taken no uncertain tax provisions that would require adjustment to, or disclosure in, the financial statements to comply with the provisions of the guidance. Pips annually files the irs informational filing form 990, return of organizations exempt from income taxes. Reporting years open for irs audit include 2012, 2013, 2014, and 2015.

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IRS990/LandBldgEquipBasisNetGrp/EOYAmt01082372
IRS990/LandBldgEquipCostOrOtherBssAmt02072116
IRS990/LegalDomicileStateCd0DE
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE POTOMAC INSTITUTE FOR POLICY STUDIES IS AN INDEPENDENT, 501(C)(3), NOT-FOR-PROFIT PUBLIC POLICY RESEARCH INSTITUTE. THE INSTITUTE IDENTIFIES AND AGGRESSIVELY SHEPHERDS DISCUSSION ON KEY SCIENCE AND TECHNOLOGY ISSUES FACING OUR SOCIETY. (CONTINUED SCHEDULE O) FROM THESE DISCUSSIONS AND FORUMS, THE INSTITUTE DEVELOPS MEANINGFUL SCIENCE AND TECHNOLOGY POLICY OPTIONS AND ENSURES THEIR IMPLEMENTATION AT THE INTERSECTION OF BUSINESS AND GOVERNMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01602180
IRS990/NetAssetsOrFundBalancesEOYAmt01641725
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt01485153
IRS990/OccupancyGrp/TotalAmt01485153
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt038008
IRS990/OfficeExpensesGrp/ProgramServicesAmt06058
IRS990/OfficeExpensesGrp/TotalAmt044066
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01440989
IRS990/OtherAssetsTotalGrp/EOYAmt01607736
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01032672
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01032672
IRS990/OtherExpensesGrp/Desc0CONSULTING FEES
IRS990/OtherExpensesGrp/Desc1SUBCONTRACTORS
IRS990/OtherExpensesGrp/Desc2BUSINESS DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3BANKING & ADMINISTRATIV
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0494905
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1137824
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt276655
IRS990/OtherExpensesGrp/ProgramServicesAmt0737910
IRS990/OtherExpensesGrp/ProgramServicesAmt11156702
IRS990/OtherExpensesGrp/ProgramServicesAmt21500
IRS990/OtherExpensesGrp/TotalAmt01232815
IRS990/OtherExpensesGrp/TotalAmt11156702
IRS990/OtherExpensesGrp/TotalAmt2139324
IRS990/OtherExpensesGrp/TotalAmt376655
IRS990/OtherLiabilitiesGrp/BOYAmt03207039
IRS990/OtherLiabilitiesGrp/EOYAmt03035559
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER
IRS990/OtherRevenueMiscGrp/ExclusionAmt061142
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt061142
IRS990/OtherRevenueTotalAmt061142
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0683131
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02989647
IRS990/OtherSalariesAndWagesGrp/TotalAmt03672778
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0352159
IRS990/PayrollTaxesGrp/TotalAmt0352159
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0193296
IRS990/PensionPlanContributionsGrp/TotalAmt0193296
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0GAIL G CLIFFORD CPA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541700
IRS990/ProgramServiceRevenueGrp/BusinessCd1541900
IRS990/ProgramServiceRevenueGrp/Desc0CONTRACT FEES
IRS990/ProgramServiceRevenueGrp/Desc1CONF/MEMBERSHIPS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt011122102
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt181600
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011122102
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt181600
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt027500
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01897
IRS990/PYOtherExpensesAmt03390117
IRS990/PYOtherRevenueAmt048419
IRS990/PYProgramServiceRevenueAmt010037434
IRS990/PYRevenuesLessExpensesAmt01420
IRS990/PYSalariesCompEmpBnftPaidAmt06723713
IRS990/PYTotalExpensesAmt010113830
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt010115250
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt039545
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt011203702
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01568224
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01008437
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt010000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt027500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt06250
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt06000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt05500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt055250
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01781
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01897
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02327
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01943
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01501
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt09449
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt011203702
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt010037434
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt09377558
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt011554112
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt012115416
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt054288222
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01781
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01897
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02327
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01943
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01501
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt09449
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt061142
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt048419
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0124157
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt036565
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt015478
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0285761
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99460
IRS990ScheduleA/PublicSupportPY509Pct00.99520
IRS990ScheduleA/PublicSupportTotal509Amt054343472
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt011213702
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt010064934
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt09383808
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt011560112
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt012120916
IRS990ScheduleA/Total509Grp/TotalAmt054343472
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt011276625
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt010115250
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt09510292
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt011598620
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt012137895
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt054638682
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0104956
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0350011
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0454967
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt011237080
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0977416
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0639733
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01617149
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0180498
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1426061
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2378905
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3422099
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt421219
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt5178954
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RENTAL SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1UNBILLED WORK IN PROGRESS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2FEE RETAINAGE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3DEFERRED COMPENSATION DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4OTHER CURRENT ASSETS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5RATE VARIANCE WIP BENEFIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0103134
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt173242
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2422099
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt366506
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt42137485
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt5233093
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0WAGES AND RELATED TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OTHER CURRENT LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEFERRED COMPENSATION OBLIGATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ACCRUED EXPENSES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4DEFERRED RENT OBLIGATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5RATE VARIANCE WIP
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt011276625
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INSTITUTION ADOPTED THE GUIDANCE UNDER ASC TOPIC 740, INCOME TAXES, FOR THE YEAR ENDED DECEMBER 31, 2015. MANAGEMENT HAS EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE INSTITUTION HAS TAKEN NO UNCERTAIN TAX PROVISIONS THAT WOULD REQUIRE ADJUSTMENT TO, OR DISCLOSURE IN, THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE GUIDANCE. PIPS ANNUALLY FILES THE IRS INFORMATIONAL FILING FORM 990, RETURN OF ORGANIZATIONS EXEMPT FROM INCOME TAXES. REPORTING YEARS OPEN FOR IRS AUDIT INCLUDE 2012, 2013, 2014, AND 2015.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01082372
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01607736
IRS990ScheduleD/TotalExpensesPerForm990Amt011237080
IRS990ScheduleD/TotalLiabilityAmt03035559

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.2$13.7$2.50$7.21$8.20$0.98
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.9$16.1$3.75$11.7$12.7$0.99
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.2$17.5$4.74$13.3$13.2$0.12
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.74$1.62$4.12$10.8$10.4$0.40
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.52$1.79$3.73$11.4$10.5$0.90
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.23$1.40$2.83$12.1$11.1$1.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.75$2.00$1.75$11.9$11.0$0.88
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.79$3.92$0.87$11.3$11.2$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.38$4.52$0.86$11.5$12.2$0.78
2015Detailed filing. Detailed filing data is available for this year.$5.33$3.69$1.64$11.3$11.2$0.04
2014Detailed filing. Detailed filing data is available for this year.$5.74$4.14$1.60$10.1$10.1$0.00
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.78$4.18$1.60$9.51$10.4$0.89
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.65$2.15$2.49$11.4
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.48$2.20$2.28$11.7
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.91$1.07$1.83$11.5
Peer Organizations

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