Civic Intelligence

Perioperative Quality Initiatives Inc

EIN 82-1415538 • 501(c)3 • Glenview, IL

Profile

Organize a series of consensus conferences on topics of interest related to perioperative medicine. The aim of each is to provide an objective, dispassionate distillation of the literature related to the chosen topics, and from this to produce consensus statements that interpret the available data, identify unanswered questions and offer recommendations to improve patient care.

2111 Chestnut Avenue 145Glenview, IL 60025

thepoqi.org/home

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

5th percentile

-350%

Higher net margin than 5% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

22nd percentile

-42%

Faster asset growth than 22% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

7th percentile

-92%

Faster revenue growth than 7% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Down

$148,620

Down $107,428 (-42%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Down

$148,620

Down $107,428 (-42%) from 2024

Revenue

Down

$35,397

Down $392,910 (-92%) from 2024

Expenses

Down

$159,143

Down $123,939 (-44%) from 2024

Net Income

Down

-$123,746

Down $268,971 (-185%) from 2024

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2017: $27,495Liabilities 2017: $02017Assets 2018: $120,048Liabilities 2018: $02018Assets 2019: $165,858Net Assets 2019: $165,8582019Assets 2020: $286,129Liabilities 2020: $145,000Net Assets 2020: $141,1292020Assets 2021: $186,137Net Assets 2021: $186,1372021Assets 2022: $215,666Liabilities 2022: $43,207Net Assets 2022: $172,4592022Assets 2023: $202,640Liabilities 2023: $100,000Net Assets 2023: $102,6402023Assets 2024: $256,048Liabilities 2024: $0Net Assets 2024: $256,0482024Assets 2025: $148,620Liabilities 2025: $0Net Assets 2025: $148,6202025

Highlighted filing

2025

Assets$148,620
Liabilities$0
Net Assets$148,620

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2017: $60,000Expenses 2017: $32,505Net Income 2017: $27,4952017Revenue 2018: $199,350Expenses 2018: $106,797Net Income 2018: $92,5532018Revenue 2019: $70,000Expenses 2019: $24,190Net Income 2019: $45,8102019Revenue 2020: $0Expenses 2020: $24,729Net Income 2020: -$24,7292020Revenue 2021: $170,000Expenses 2021: $124,992Net Income 2021: $45,0082021Revenue 2022: $107,026Expenses 2022: $111,312Net Income 2022: -$4,2862022Revenue 2023: $65,841Expenses 2023: $146,171Net Income 2023: -$80,3302023Revenue 2024: $428,307Expenses 2024: $283,082Net Income 2024: $145,2252024Revenue 2025: $35,397Expenses 2025: $159,143Net Income 2025: -$123,7462025

Highlighted filing

2025

Revenue$35,397
Expenses$159,143
Net Income-$123,746

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Feb 23, 2026
Return Version
2025v4.0
Gross Receipts
$35,397
Mission and Program Overview

Mission

Organize a series of consensus conferences on topics of interest related to perioperative medicine. The aim of each is to provide an objective, dispassionate distillation of the literature related to the chosen topics, and from this to produce consensus statements that interpret the available data, identify unanswered questions and offer recommendations to improve patient care.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$115,179$134,756▲ $19,577
Prepaid Expenses and Deferred Charges$18,054$0▼ $18,054
Cash and Non-Interest-Bearing Accounts$120,313$10,974▼ $109,339
Savings and Temporary Cash Investments$2,502$2,890▲ $388
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$256,048$148,620▼ $107,428
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$256,048$148,620▼ $107,428
Total Net Assets Fund Balance$256,048$148,620▼ $107,428
Total Liabilities and Net Assets / Fund Balance$256,048$148,620▼ $107,428
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$31,750
Program Service Revenue
$0
Investment Income
$3,647
Other Revenue
$0
All Other Contributions
$31,750
Change in Net Assets
$-123,746
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$159,143
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
Conferences and Meetings$105,223--$105,223
Fees for Services Management$24,455--$24,455
Fees for Services Accounting$8,000$5,425-$13,425
Insurance-$2,240-$2,240
Other Expenses$13,790$10-$10
Total Functional Expenses$151,468$7,675$0$159,143
International Activity

International Summary

Spending
$93,605

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
EuropeConferencesLocal onsite expenditures00$79,815
EuropePublicationsJournal publication expense00$13,790
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
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, Part VI, Section B, Line 11B

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Perioperative Quality Initiatives Inc
EIN
82-1415538
Phone
8379833519
Address
2111 Chestnut Avenue 145, Glenview, IL 60025

Signing Officer

Name
Michael Grocott BSc MBBS MD
Title
President
Signed
2026-02-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Grocott BSc MBBS MD
Formed
2017
Legal Domicile
Il
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
R L Kearns CPA
Address
3120 Kentish Town LN, RALEIGH, NC 27612
Preparer
Richard L Kearns CPA
Phone
9194280225
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt065841
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0107026
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0170000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0806571
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/ScheduleBRequiredInd0true
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt079815
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt113790
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Europe
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1Europe
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Local onsite expenditures
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1Journal publication expense
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Conferences
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1Publications
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalSpentAmt093605
IRS990ScheduleF/TotalSpentAmt093605
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0256048
IRS990/TotalAssetsEOYAmt0148620
IRS990/TotalAssetsGrp/BOYAmt0256048
IRS990/TotalAssetsGrp/EOYAmt0148620
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt031750
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07675
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0151468
IRS990/TotalFunctionalExpensesGrp/TotalAmt0159143
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0256048
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0148620
IRS990/TotalProgramServiceExpensesAmt0151468
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03647
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt035397
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0256048
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0148620
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt02111 Chestnut Avenue 145
IRS990/USAddress/CityNm0Glenview
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060025
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0https://thepoqi.org/home
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Michael Grocott BSc MBBS MD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-02-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Perioperative Quality Initiatives Inc
ReturnHeader/Filer/BusinessNameControlTxt0PERI
ReturnHeader/Filer/EIN0821415538
ReturnHeader/Filer/PhoneNum08379833519
ReturnHeader/Filer/USAddress/AddressLine1Txt02111 Chestnut Avenue 145
ReturnHeader/Filer/USAddress/CityNm0Glenview
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060025
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0R L KEARNS CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03120 Kentish Town LN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RALEIGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027612
ReturnHeader/PreparerPersonGrp/PhoneNum09194280225
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Richard L Kearns CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02026-02-23T11:21:32-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

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