Civic Intelligence

Drs Power and Control Technologies Inc

EIN 56-2601276 • 501(c)9 • Dallas, TX

Profile

To provide post-retirement medical and life insurance benefits for eligible participants

PO Box 653067Dallas, TX 75265-3067
Siviq Scores

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

Liabilities / Assets

67th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)9 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

80th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)9 • <$500k nonprofits • Source year 2024

Net Margin

90th percentile

58%

Higher net margin than 90% of similar nonprofits.

501(c)9 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$2,133

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 26.6% of source-year revenue.

501(c)9 • <$500k nonprofits • Source year 2024

Asset Growth

79th percentile

2.3%

Faster asset growth than 79% of similar nonprofits.

501(c)9 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

86th percentile

24%

Faster revenue growth than 86% of similar nonprofits.

501(c)9 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets67th percentile

Assets

Up

$165,435

Up $3,761 (+2.3%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$165,435

Up $3,761 (+2.3%) from 2023

Operations
Liabilities / Revenue80th percentileNet Margin90th percentile

Revenue

Up

$8,026

Up $1,570 (+24%) from 2023

Expenses

Up

$3,383

Up $8 (+0.2%) from 2023

Net Income

Up

$4,643

Up $1,562 (+51%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth79th percentile

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

$1.5M$1.0M$500K$0Assets 2011: $1,050,925Liabilities 2011: $0Net Assets 2011: $1,050,9252011Assets 2012: $1,431,432Liabilities 2012: $0Net Assets 2012: $1,431,4322012Assets 2013: $1,149,589Liabilities 2013: $0Net Assets 2013: $1,149,5892013Assets 2014: $1,218,999Liabilities 2014: $0Net Assets 2014: $1,218,9992014Assets 2015: $1,228,622Liabilities 2015: $0Net Assets 2015: $1,228,6222015Assets 2016: $1,287,694Liabilities 2016: $0Net Assets 2016: $1,287,6942016Assets 2017: $1,217,624Liabilities 2017: $0Net Assets 2017: $1,217,6242017Assets 2018: $1,304,834Liabilities 2018: $0Net Assets 2018: $1,304,8342018Assets 2019: $151,915Liabilities 2019: $0Net Assets 2019: $151,9152019Assets 2020: $153,332Liabilities 2020: $0Net Assets 2020: $153,3322020Assets 2021: $158,316Liabilities 2021: $0Net Assets 2021: $158,3162021Assets 2022: $156,801Liabilities 2022: $0Net Assets 2022: $156,8012022Assets 2023: $161,674Liabilities 2023: $0Net Assets 2023: $161,6742023Assets 2024: $165,435Liabilities 2024: $0Net Assets 2024: $165,4352024

Highlighted filing

2024

Assets$165,435
Liabilities$0
Net Assets$165,435
Open 2024 Filing

Operations Trend

Revenue Growth86th percentile

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2011: $227,770Expenses 2011: $966,724Net Income 2011: -$738,9542011Revenue 2012: $785,670Expenses 2012: $375,896Net Income 2012: $409,7742012Revenue 2013: $105,200Expenses 2013: $406,704Net Income 2013: -$301,5042013Revenue 2014: $110,883Expenses 2014: $42,469Net Income 2014: $68,4142014Revenue 2015: $68,712Expenses 2015: $60,165Net Income 2015: $8,5472015Revenue 2016: $64,754Expenses 2016: $4,412Net Income 2016: $60,3422016Revenue 2017: $90,794Expenses 2017: $162,180Net Income 2017: -$71,3862017Revenue 2018: $137,471Expenses 2018: $49,028Net Income 2018: $88,4432018Revenue 2019: $152,001Expenses 2019: $1,308,951Net Income 2019: -$1,156,9502019Revenue 2020: $4,647Expenses 2020: $3,406Net Income 2020: $1,2412020Revenue 2021: $8,307Expenses 2021: $3,404Net Income 2021: $4,9032021Revenue 2022: $4,156Expenses 2022: $3,376Net Income 2022: $7802022Revenue 2023: $6,456Expenses 2023: $3,375Net Income 2023: $3,0812023Revenue 2024: $8,026Expenses 2024: $3,383Net Income 2024: $4,6432024

Highlighted filing

2024

Revenue$8,026
Expenses$3,383
Net Income$4,643
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$165,435
Liabilities
$0
Net assets
$165,435
Revenue
$8,026
Expenses
$3,383
Net income
$4,643
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$0.01$0.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$0.01$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$0.01$0.00$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$0.00$0.00$0.00
2019Summary only. Only limited summary data is available for this year.$0.15$0.00$0.15$0.15$1.31$1.16
2018Summary only. Only limited summary data is available for this year.$1.30$0.00$1.30$0.14$0.05$0.09
2017Summary only. Only limited summary data is available for this year.$1.22$0.00$1.22$0.09$0.16$0.07
2016Summary only. Only limited summary data is available for this year.$1.29$0.00$1.29$0.06$0.00$0.06
2015Summary only. Only limited summary data is available for this year.$1.23$0.00$1.23$0.07$0.06$0.01
2014Summary only. Only limited summary data is available for this year.$1.22$0.00$1.22$0.11$0.04$0.07
2013Summary only. Only limited summary data is available for this year.$1.15$0.00$1.15$0.11$0.41$0.30
2012Summary only. Only limited summary data is available for this year.$1.43$0.00$1.43$0.79$0.38$0.41
2011Summary only. Only limited summary data is available for this year.$1.05$0.00$1.05$0.23$0.97$0.74
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 2, 2025
Return Version
2024v5.1
Gross Receipts
$8,026
Mission and Program Overview

Mission

To provide post-retirement medical and life insurance benefits for eligible participants

Program Services

DescriptionGrantsExpenses
TO PROVIDE POST-RETIREMENT MEDICAL AND LIFE INSURANCE BENEFITS FOR ELIGIBLE PARTICIPANTS--
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
-Trustee-$0$2,133$2,133
Governance and Compliance

Governance Explanations

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8A

“When decisions are made, they are documented in the permanent record”

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8B

“When decisions are made, they are documented in the permanent record”

Form 990, Page 6, Part VI, Line 11-description of Process for Review

“Tax dept prepares and files return”

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12C

“ANNUAL STATEMENT”

FORM 990, PAGE 6, PART VI, LINE 15A

“Not applicable, trust has corporate trustee”

FORM 990, PAGE 6, PART VI, LINE 15B

“Not applicable, trust has corporate trustee”

Form 990, Page 6, Part VI, Line 18

“UPON REQUEST”

Form 990, Page 6, Part VI, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Drs Power and Control Technologies Inc
EIN
56-2601276
Phone
8888663275
Address
PO BOX 653067, DALLAS, TX 75265-3067

Signing Officer

Name
Bank of America N a
Title
Managing Director
Phone
8888663275
Signed
2025-05-02
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Tax preparation fee - boa 1250”

Form 990-EZ, Part I, Line 20

“INCOME ADJUSTMENT 882”

Raw XML Appendix101 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BANK OF AMERICA
IRS990EZ/BooksInCareOfDetail/PhoneNum08888663275
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 653067
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0DALLAS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0752653067
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0161674
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0165435
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt04643
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0161674
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0165435
IRS990EZ/GainOrLossFromSaleOfAssetsAmt0640
IRS990EZ/GrossReceiptsAmt08026
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt07386
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0161674
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0165435
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0161674
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0165435
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine1Txt0BANK OF AMERICA NA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt02133
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TRUSTEE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt0-882
IRS990EZ/OtherExpensesTotalAmt01250
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE POST-RETIREMENT MEDICAL AND LIFE INSURANCE BENEFITS FOR ELIGIBLE PARTICIPANTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE POST-RETIREMENT MEDICAL AND LIFE INSURANCE BENEFITS FOR ELIGIBLE PARTICIPANTS
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt02133
IRS990EZ/SaleOfAssetsGrossAmt0640
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt03383
IRS990EZ/TotalRevenueAmt08026
IRS990EZ/TransactionWithControlEntInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WHEN DECISIONS ARE MADE, THEY ARE DOCUMENTED IN THE PERMANENT RECORD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WHEN DECISIONS ARE MADE, THEY ARE DOCUMENTED IN THE PERMANENT RECORD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TAX DEPT PREPARES AND FILES RETURN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUAL STATEMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NOT APPLICABLE, TRUST HAS CORPORATE TRUSTEE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NOT APPLICABLE, TRUST HAS CORPORATE TRUSTEE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8TAX PREPARATION FEE - BOA 1250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9INCOME ADJUSTMENT 882
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part I, Line 20
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0BANK OF AMERICA N A
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MANAGING DIR
ReturnHeader/BusinessOfficerGrp/PhoneNum08888663275
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DRS POWER AND CONTROL TECHNOLOGIES INC
ReturnHeader/Filer/BusinessNameControlTxt0DRSP
ReturnHeader/Filer/EIN0562601276
ReturnHeader/Filer/PhoneNum08888663275
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 653067
ReturnHeader/Filer/USAddress/CityNm0DALLAS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd0752653067
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/ReturnTs02025-05-02T12:01:24-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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