Civic Intelligence

Society of Explosives Engineersinc

EIN 55-0566167 • 501(c)6 • Warrensville Heights, OH

Profile

The society was formed in 1975 as a professional society dedicated to promoting the safe, secure and controlled use of explosives in mining, quarrying, construction, manufacturing, demolition, aerospace, forestry, avalanche control, art, automotives, special effects, exploration, seismology, agriculture, law enforcement, and many other peaceful uses of explosives.

26500 Renaissance ParkwayWarrensville Heights, OH 44128-5760

www.isee.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

54th percentile

0.17x

Higher debt load relative to assets than 54% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

60th percentile

0.24x

Higher debt load relative to revenue than 60% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

7th percentile

-20%

Higher net margin than 7% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

69th percentile

$199,836

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 8.7% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

19th percentile

-6.4%

Faster asset growth than 19% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

66th percentile

12%

Faster revenue growth than 66% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$3,387,665

Down $110,199 (-3.2%) from 2022

Liabilities

Up

$597,416

Up $77,565 (+15%) from 2022

Net Assets

Down

$2,790,249

Down $187,764 (-6.3%) from 2022

Revenue

Up

$2,062,953

Up $347,841 (+20%) from 2022

Expenses

Up

$2,366,486

Up $33,171 (+1.4%) from 2022

Net Income

Up

-$303,533

Up $314,670 (+51%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2011: $2,322,884Liabilities 2011: $289,862Net Assets 2011: $2,033,0222011Assets 2012: $2,647,345Liabilities 2012: $280,048Net Assets 2012: $2,367,2972012Assets 2013: $3,021,742Liabilities 2013: $349,274Net Assets 2013: $2,672,4682013Assets 2014: $3,244,914Liabilities 2014: $342,789Net Assets 2014: $2,902,1252014Assets 2015: $3,289,634Liabilities 2015: $368,331Net Assets 2015: $2,921,3032015Assets 2016: $3,580,140Liabilities 2016: $347,528Net Assets 2016: $3,232,6122016Assets 2017: $4,475,460Liabilities 2017: $356,666Net Assets 2017: $4,118,7942017Assets 2018: $4,380,705Liabilities 2018: $449,728Net Assets 2018: $3,930,9772018Assets 2019: $4,276,119Liabilities 2019: $410,159Net Assets 2019: $3,865,9602019Assets 2020: $3,983,125Liabilities 2020: $77,292Net Assets 2020: $3,905,8332020Assets 2021: $4,366,061Liabilities 2021: $389,908Net Assets 2021: $3,976,1532021Assets 2022: $3,497,864Liabilities 2022: $519,851Net Assets 2022: $2,978,0132022Assets 2023: $3,387,665Liabilities 2023: $597,416Net Assets 2023: $2,790,2492023

Highlighted filing

2023

Assets$3,387,665
Liabilities$597,416
Net Assets$2,790,249

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,545,884Expenses 2011: $1,447,040Net Income 2011: $98,8442011Expenses 2012: $1,405,8592012Revenue 2013: $1,525,185Expenses 2013: $1,400,944Net Income 2013: $124,2412013Revenue 2014: $1,576,450Expenses 2014: $1,490,458Net Income 2014: $85,9922014Revenue 2015: $1,701,958Expenses 2015: $1,505,557Net Income 2015: $196,4012015Revenue 2016: $1,805,764Expenses 2016: $1,632,454Net Income 2016: $173,3102016Revenue 2017: $1,518,056Expenses 2017: $824,380Net Income 2017: $693,6762017Revenue 2018: $2,006,633Expenses 2018: $2,308,419Net Income 2018: -$301,7862018Revenue 2019: $2,016,031Expenses 2019: $2,142,661Net Income 2019: -$126,6302019Revenue 2020: $1,888,691Expenses 2020: $2,031,048Net Income 2020: -$142,3572020Revenue 2021: $883,170Expenses 2021: $1,219,441Net Income 2021: -$336,2712021Revenue 2022: $1,715,112Expenses 2022: $2,333,315Net Income 2022: -$618,2032022Revenue 2023: $2,062,953Expenses 2023: $2,366,486Net Income 2023: -$303,5332023

Highlighted filing

2023

Revenue$2,062,953
Expenses$2,366,486
Net Income-$303,533

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$3.39$0.60$2.79$2.06$2.37$0.30
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.50$0.52$2.98$1.72$2.33$0.62
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.37$0.39$3.98$0.88$1.22$0.34
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.98$0.08$3.91$1.89$2.03$0.14
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.28$0.41$3.87$2.02$2.14$0.13
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.38$0.45$3.93$2.01$2.31$0.30
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.48$0.36$4.12$1.52$0.82$0.69
2016Detailed filing. Detailed filing data is available for this year.$3.58$0.35$3.23$1.81$1.63$0.17
2015Summary only. Only limited summary data is available for this year.$3.29$0.37$2.92$1.70$1.51$0.20
2014Summary only. Only limited summary data is available for this year.$3.24$0.34$2.90$1.58$1.49$0.09
2013Summary only. Only limited summary data is available for this year.$3.02$0.35$2.67$1.53$1.40$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.65$0.28$2.37$1.41
2011Summary only. Only limited summary data is available for this year.$2.32$0.29$2.03$1.55$1.45$0.10
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Aug 9, 2023
Return Version
2021v4.2
Gross Receipts
$1,747,604
Mission and Program Overview

Mission

The society was formed in 1975 as a professional society dedicated to promoting the safe, secure and controlled use of explosives in mining, quarrying, construction, manufacturing, demolition, aerospace, forestry, avalanche control, art, automotives, special effects, exploration, seismology, agriculture, law enforcement, and many other peaceful uses of explosives.

Isee's mission is to advance the science and art of explosives engineering. We've helped launch 45 local isee chapters and started education initiatives. Most importantly, we've become a voice for the entire industry, bridging the gap between blasters and homeowners and lobbying governments for change.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,850,015$1,730,047▼ $1,119,968
Land, Buildings, and Equipment, Net$1,057,005$1,004,674▼ $52,331
Cash and Non-Interest-Bearing Accounts$291,262$568,414▲ $277,152
Prepaid Expenses and Deferred Charges$84,944$120,817▲ $35,873
Inventories for Sale or Use$50,544$40,358▼ $10,186
Other Notes and Loans Receivable, Net$8,605$28,425▲ $19,820
Accounts Receivable$20,279$2,615▼ $17,664
Savings and Temporary Cash Investments$2,513$2,513→ $0
Total Assets$4,366,061$3,497,864▼ $868,197
Other Assets Total$894$1▼ $893
Liabilities
Deferred Revenue$349,317$435,390▲ $86,073
Accounts Payable and Accrued Expenses$40,441$70,801▲ $30,360
Other Liabilities$150$13,660▲ $13,510
Total Liabilities$389,908$519,851▲ $129,943
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,976,153$2,978,013▼ $998,140
Total Net Assets Fund Balance$3,976,153$2,978,013▼ $998,140
Total Liabilities and Net Assets / Fund Balance$4,366,061$3,497,864▼ $868,197

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$902,484$173,632$1,076,116
Other Land Buildings$21,870$98,984$120,854
Equipment$9,255$86,743$95,998
Land$71,065-$71,065
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steven B ShivakExecutive DirectorFT$110,769$9,353$120,122

Board Members and Trustees

NameTitle
Alastair C TorranceImmediate Past President
Braden T Lusk JrPresident
Janeen T SmithVice President - Administration
John T WatsonVice President - Technical
Billy ObermireDirector
Cesar VelascoDirector
Enrique MunarettiDirector
Frank LuccaDirector
Johan GjodvadDirector
Kristie Allen-bishopDirector
Luis Felipe VeasquezDirector
Mark DeanDirector
Mathew SpinaDirector
RICHARD O'MEARADirector
Thomas Palangio JrDirector
Toby WallaceDirector
Travis a DavidsavorDirector
Doug O HoySecretary
Kristen N KoldenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,613,749
Investment Income
$0
Other Revenue
$101,363
Change in Net Assets
$-618,203
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,707,703
Salaries, Compensation, and Employee Benefits$625,612
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Information Technology---$393,656
Other Salaries and Wages---$362,069
Fees for Services Legal---$272,243
Occupancy---$192,112
Current Officers, Directors, Trustees, and Key Employees---$179,961
Fees for Services Other---$168,199
Travel---$73,073
Depreciation Depletion---$53,225
Payroll Taxes---$39,939
Other Employee Benefits---$36,747
Advertising---$35,861
All Other Expenses---$34,177
Other Expenses---$19,161
Insurance---$18,255
Office Expenses---$15,736
Pension Plan Contributions---$6,896
Royalties---$102
Total Functional Expenses$0$0$0$2,333,315
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
Due to Isee Foundation$7,141
Credit Cards$6,519
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has classes of members or stockholder members.

Form 990, Part VI, Section A, Line 7A

Election of members and their rights to appoint to the govening body the members of the board of directors elect the officers of the organization.

Form 990, Part VI, Section A, Line 7B

Yes, membership needs to vote on any changes.

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

Form 990 was reviewed by the executive director prior to filing

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

Directors, officers and key employees are asked to disclose conflicts of interest annually.

Form 990, Part VI, Section B, Line 15

The executive committee uses comparability data to support the determination of compensation. The most recent review was completed december 2022. The compensation committee reviews salary and benefit benchmark studies to determine compensation for the executive director. The compensation committee meets to review performance and determines compensation based on benchmark data and executive directors performance to determine new compensation. The most recent review was completed in december 2022.

Form 990, Part VI, Section C, Line 19

Only governing documents are available for inspection upon request

Filing and Contact Details

Filer

Filer Name
Society of Explosives Engineers Inc
EIN
55-0566167
Phone
4403494400
Address
26500 RENAISSANCE PARKWAY, WARRENSVILLE HEIGHTS, OH 44128-5760
Doing Business As
International Society of Explosive Engineers

Signing Officer

Name
Steven B Shivak
Title
Executive Director
Phone
4403494400
Signed
2023-08-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steven B Shivak
Formed
1975
Legal Domicile
Nv
Voting Board Members
19
Independent Board Members
19
Employees
10
Volunteers
19

Preparer

Firm
Cliftonlarsonallen Llp
Address
4334 MUNSON STREET SUITE 200, CANTON, OH 44718
Preparer
Jennifer Coleman
Phone
3304972000
Raw XML AppendixShowing 400 of 535 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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