Civic Intelligence

Peerless Technologies Corporation Trust

EIN 81-1583184 • 501(c)9 • Beavercrk Twp, OH

Beavercrk Twp, OH
Siviq Scores

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

Liabilities / Assets

45th percentile

0.00x

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

501(c)9 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

52nd percentile

0.00x

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

501(c)9 • $1M-$5M nonprofits • Source year 2018

Net Margin

19th percentile

-14%

Higher net margin than 19% of similar nonprofits.

501(c)9 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

95th percentile

$436,685

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 33.0% of source-year revenue.

501(c)9 • $1M-$5M nonprofits • Source year 2018

Asset Growth

14th percentile

-100%

Faster asset growth than 14% of similar nonprofits.

501(c)9 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

13th percentile

-29%

Faster revenue growth than 13% of similar nonprofits.

501(c)9 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$551

Down $186,502 (-100%) from 2017

Liabilities

Flat

$0

Flat from 2017

Net Assets

Down

$551

Down $186,502 (-100%) from 2017

Revenue

Down

$1,323,300

Down $544,448 (-29%) from 2017

Expenses

Down

$1,509,802

Down $234,933 (-13%) from 2017

Net Income

Down

-$186,502

Down $309,515 (-252%) from 2017

Trend Graphs

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2016: $64,040Liabilities 2016: $0Net Assets 2016: $64,0402016Assets 2017: $187,053Liabilities 2017: $0Net Assets 2017: $187,0532017Assets 2018: $551Liabilities 2018: $0Net Assets 2018: $5512018

Highlighted filing

2018

Assets$551
Liabilities$0
Net Assets$551

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2016: $1,932,179Expenses 2016: $1,868,139Net Income 2016: $64,0402016Revenue 2017: $1,867,748Expenses 2017: $1,744,735Net Income 2017: $123,0132017Revenue 2018: $1,323,300Expenses 2018: $1,509,802Net Income 2018: -$186,5022018

Highlighted filing

2018

Revenue$1,323,300
Expenses$1,509,802
Net Income-$186,502

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jan 29, 2020
Return Version
2018v3.2
Gross Receipts
$1,323,300
Mission and Program Overview

Mission

To provide medical and prescription coverage for employees of peerless technologies corporation.

To provide health and welfare coverage for employees of peerless technologies corporation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$187,053$551▼ $186,502
Rtn Earn Endowment Incm Other Fnds$187,053$551▼ $186,502
Total Assets$187,053$551▼ $186,502
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$187,053$551▼ $186,502
Total Liabilities and Net Assets / Fund Balance$187,053$551▼ $186,502
Compensation and Service Providers

Board Members and Trustees

NameTitle
Andrea KunkTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,323,300
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-186,502

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,323,300
Total Revenue per Audited Statements
$1,323,300
Total Revenue per Form 990
$1,323,300
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$70,281
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$1,439,521--$1,439,521
Other Expenses$965--$965
Total Functional Expenses$1,509,802$0$0$1,509,802

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,509,802
Total Expenses per Audited Statements$1,509,802
Total Expenses per Form 990$1,509,802
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Form 990 was reviewed by the corporate officer who signed the return prior to filing.

Form 990, Page 6, Part VI, Line 19

The organization does not make its governing documents and financial statements available to the public. They are available upon specific request.

Filing and Contact Details

Filer

Filer Name
Peerless Technologies Corporation
EIN
81-1583184
Address
2300 NATIONAL ROAD, FAIRBORN, OH 45324

Signing Officer

Name
Andrea Kunk
Title
Trustee
Phone
9374905000
Signed
2020-01-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrea Kunk
Formed
2016
Legal Domicile
Oh
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
Hammerman Graf Hughes & Company Inc
Address
7677 PARAGON RD SUITE A, DAYTON, OH 45459
Preparer
Donald E Stewart CPA
Phone
9373201262
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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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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)9 • $1M-$5M nonprofits