Civic Intelligence

Pharmaceutical Education & Research Institute Inc.

990 • Fiscal year 2018 • EIN 54-1761961

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

9302 Lee Highway No 700Fairfax, VA 22031

(703) 276-0067

Siviq Scores

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

Liabilities / Assets

75th percentile

0.24x

Higher debt load relative to assets than 75% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

71st percentile

0.14x

Higher debt load relative to revenue than 71% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

12th percentile

-24%

Higher net margin than 12% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

55th percentile

$18,587

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

7th percentile

-26%

Faster asset growth than 7% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

7th percentile

-42%

Faster revenue growth than 7% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$351,477

Down $124,642 (-26%) from 2017

Net Assets

Down

$266,386

Down $144,065 (-35%) from 2017

Liabilities

Up

$85,091

Up $19,423 (+30%) from 2017

Revenue

Down

$611,929

Down $443,807 (-42%) from 2017

Expenses

Down

$755,994

Down $38,542 (-4.9%) from 2017

Net Income

Down

-$144,065

Down $405,265 (-155%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500K-$1.0MAssets 2011: $223,299Liabilities 2011: $595,549Net Assets 2011: -$372,2502011Assets 2012: $142,839Liabilities 2012: $916,951Net Assets 2012: -$774,1122012Assets 2013: $78,783Liabilities 2013: $535,618Net Assets 2013: -$456,8352013Assets 2014: $149,198Liabilities 2014: $466,230Net Assets 2014: -$317,0322014Assets 2015: $320,266Liabilities 2015: $337,430Net Assets 2015: -$17,1642015Assets 2016: $341,382Liabilities 2016: $192,131Net Assets 2016: $149,2512016Assets 2017: $476,119Liabilities 2017: $65,668Net Assets 2017: $410,4512017Assets 2018: $351,477Liabilities 2018: $85,091Net Assets 2018: $266,3862018Assets 2019: $439,489Liabilities 2019: $74,637Net Assets 2019: $364,8522019Assets 2020: $206,219Liabilities 2020: $61,277Net Assets 2020: $144,9422020Assets 2021: $235,130Liabilities 2021: $24,402Net Assets 2021: $210,7282021

Highlighted filing

2018

Assets$351,477
Liabilities$85,091
Net Assets$266,386

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $1,630,6462011Expenses 2012: $1,286,0752012Revenue 2013: $669,230Expenses 2013: $473,605Net Income 2013: $195,6252013Revenue 2014: $647,293Expenses 2014: $507,490Net Income 2014: $139,8032014Revenue 2015: $464,708Expenses 2015: $364,840Net Income 2015: $99,8682015Revenue 2016: $691,396Expenses 2016: $516,335Net Income 2016: $175,0612016Revenue 2017: $1,055,736Expenses 2017: $794,536Net Income 2017: $261,2002017Revenue 2018: $611,929Expenses 2018: $755,994Net Income 2018: -$144,0652018Revenue 2019: $911,799Expenses 2019: $813,333Net Income 2019: $98,4662019Revenue 2020: $535,547Expenses 2020: $755,457Net Income 2020: -$219,9102020Revenue 2021: $725,464Expenses 2021: $659,678Net Income 2021: $65,7862021

Highlighted filing

2018

Revenue$611,929
Expenses$755,994
Net Income-$144,065
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$611,929
Mission and Program Overview

Mission

Education for professionals involved with pharmaceutical research and development.

Education for professionals involved with pharmaceutical research and development

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$374,013$316,924▼ $57,089
Accounts Receivable$96,819$22,526▼ $74,293
Prepaid Expenses and Deferred Charges-$6,729-
Land, Buildings, and Equipment, Net$5,287$5,298▲ $11
Total Assets$476,119$351,477▼ $124,642
Liabilities
Deferred Revenue$13,625$35,405▲ $21,780
Accounts Payable and Accrued Expenses$16,221$32,640▲ $16,419
Other Liabilities$35,822$17,046▼ $18,776
Total Liabilities$65,668$85,091▲ $19,423
Net Assets / Fund Balance
Unrestricted Net Assets$410,451$266,386▼ $144,065
Total Net Assets Fund Balance$410,451$266,386▼ $144,065
Total Liabilities and Net Assets / Fund Balance$476,119$351,477▼ $124,642

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,298$9,458$14,756
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Judith K Jones Md PhdPresident and CEOPT$18,587$18,587
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$611,827
Investment Income
$24
Other Revenue
$78
Change in Net Assets
$-144,065
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$577,309
Salaries, Compensation, and Employee Benefits$178,685
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$202,070$101,606-$303,676
Other Salaries and Wages$83,069$66,347-$149,416
Conferences and Meetings$117,346--$117,346
Information Technology$48,514$884-$49,398
Occupancy$19,080$12,720-$31,800
Fees for Services Accounting-$21,277-$21,277
Other Employee Benefits$8,426$8,426-$16,852
Office Expenses$8,988$7,749-$16,737
Payroll Taxes$546$9,371-$9,917
Insurance-$4,028-$4,028
Advertising$675$2,225-$2,900
Depreciation Depletion$1,706$857-$2,563
Pension Plan Contributions$1,250$1,250-$2,500
Other Expenses$10,215$2,406-$2,406
Travel-$1,218-$1,218
Interest$50--$50
Total Functional Expenses$512,325$243,669$0$755,994
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due To/from Related Party$11,983
Credit Cards Payable$5,063
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
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
Yes
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 8B

No other committees with authority to act on behalf of the governing body exist.

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

Both the corporate accountant and the president on behalf of the board reviews the 990. Any questions are addressed to the tax preparers before the return is filed.

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

Conflict of interest policy is monitored and enforced through training and record keeping. If an employee leaves, steps are taken to ensure that no breaches of their policy take place. If a potential breach is discovered, it is researched and acted upon accordingly.

Form 990, Part VI, Section B, Line 15

Both ceo and key employee's compensation are based upon the market, experience, and budget. All compensation decisions are made by the president on behalf of the board.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Pharmaceutical Education & Research
EIN
54-1761961
Phone
7032760067
Address
9302 LEE HIGHWAY NO 700, FAIRFAX, VA 22031

Signing Officer

Name
Dr Judith Jones
Title
President and CEO
Phone
7032760067
Signed
2019-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Judith Jones
Formed
1995
Legal Domicile
Va
Voting Board Members
1
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Snyder Cohn Pc
Address
11200 ROCKVILLE PIKE SUITE 415, NORTH BETHESDA, MD 20852
Preparer
Steven M Braunstein
Phone
3016526700
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Professional services: program service expenses 177,509. Management and general expenses 96,239. Fundraising expenses 0. Total expenses 273,748. Payroll service fees: program service expenses 0. Management and general expenses 5,367. Fundraising expenses 0. Total expenses 5,367. Consulting: program service expenses 24,561. Management and general expenses 0. Fundraising expenses 0. Total expenses 24,561.

Raw XML AppendixShowing 400 of 443 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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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0647293
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03471060
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt05298
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09458
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt014756
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011983
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt15063
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO/FROM RELATED PARTY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CREDIT CARDS PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05298
IRS990ScheduleD/TotalLiabilityAmt017046
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO OTHER COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY EXIST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOTH THE CORPORATE ACCOUNTANT AND THE PRESIDENT ON BEHALF OF THE BOARD REVIEWS THE 990. ANY QUESTIONS ARE ADDRESSED TO THE TAX PREPARERS BEFORE THE RETURN IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICT OF INTEREST POLICY IS MONITORED AND ENFORCED THROUGH TRAINING AND RECORD KEEPING. IF AN EMPLOYEE LEAVES, STEPS ARE TAKEN TO ENSURE THAT NO BREACHES OF THEIR POLICY TAKE PLACE. IF A POTENTIAL BREACH IS DISCOVERED, IT IS RESEARCHED AND ACTED UPON ACCORDINGLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOTH CEO AND KEY EMPLOYEE'S COMPENSATION ARE BASED UPON THE MARKET, EXPERIENCE, AND BUDGET. ALL COMPENSATION DECISIONS ARE MADE BY THE PRESIDENT ON BEHALF OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 177,509. MANAGEMENT AND GENERAL EXPENSES 96,239. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 273,748. PAYROLL SERVICE FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 5,367. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,367. CONSULTING: PROGRAM SERVICE EXPENSES 24,561. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,561.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0PHARMACEUTICAL EDUCATION & RESEARCH INSTITUTE INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0DGI LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0541756195
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt0201624
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0VA
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0PHARMACEUTICAL RESEARCH DATABASE
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt0287558
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt09302 LEE HWY SUITE 700
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0FAIRFAX
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0VA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd022031
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0DEGGE HOLDINGS INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0541464100
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0VA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0HELP CLIENTS OPTIMIZE THEIR DRUG SAFETY PROGRAMS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0THE DEGGE GROUP LTD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt09302 LEE HWY SUITE 700
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0FAIRFAX
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0VA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd022031
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0227770
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1149416
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt211983
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ACTUAL EXPENSES PAID
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1ACTUAL HOURS WORKED
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2INTERCOMPANY PAYABLES
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0THE DEGGE GROUP LTD
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1THE DEGGE GROUP LTD
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2THE DEGGE GROUP LTD
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0P
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1O
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2E
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0476119
IRS990/TotalAssetsEOYAmt0351477
IRS990/TotalAssetsGrp/BOYAmt0476119
IRS990/TotalAssetsGrp/EOYAmt0351477
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0243669
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0512325
IRS990/TotalFunctionalExpensesGrp/TotalAmt0755994
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt065668
IRS990/TotalLiabilitiesEOYAmt085091
IRS990/TotalLiabilitiesGrp/BOYAmt065668
IRS990/TotalLiabilitiesGrp/EOYAmt085091
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0410451
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0266386
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0512325
IRS990/TotalProgramServiceRevenueAmt0611827
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0102
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0611827
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0611929
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0476119
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0351477
IRS990/TotReportableCompRltdOrgAmt018587
IRS990/TravelGrp/ManagementAndGeneralAmt01218
IRS990/TravelGrp/TotalAmt01218
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0410451
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0266386
IRS990/UponRequestInd0X

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