Civic Intelligence

Professional Electrical Apparatus Reconditioning League Inc

990 • Fiscal year 2017 • EIN 84-1441704

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 06, 2018

10200 W 44th Ave No 304Wheat Ridge, CO 80033

(720) 881-6100

Siviq Scores

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

Liabilities / Assets

81st percentile

0.18x

Higher debt load relative to assets than 81% of similar nonprofits.

2017 filings • NTEE S41 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

82nd percentile

0.13x

Higher debt load relative to revenue than 82% of similar nonprofits.

2017 filings • NTEE S41 • <$500k nonprofits • Source year 2017

Net Margin

58th percentile

6.3%

Higher net margin than 58% of similar nonprofits.

2017 filings • NTEE S41 • <$500k nonprofits • Source year 2017

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2017 filings • NTEE S41 • <$500k nonprofits • Source year 2017

Asset Growth

23rd percentile

-14%

Faster asset growth than 23% of similar nonprofits.

2017 filings • NTEE S41 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

71st percentile

15%

Faster revenue growth than 71% of similar nonprofits.

2017 filings • NTEE S41 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$253,671

Down $41,015 (-14%) from 2016

Net Assets

Down

$206,986

Down $6,075 (-2.9%) from 2016

Liabilities

Down

$46,685

Down $34,940 (-43%) from 2016

Revenue

Up

$351,333

Up $45,637 (+15%) from 2016

Expenses

Up

$329,039

Up $113,206 (+52%) from 2016

Net Income

Down

$22,294

Down $67,569 (-75%) from 2016

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $124,475Liabilities 2010: $0Net Assets 2010: $124,4752010Assets 2011: $159,575Liabilities 2011: $0Net Assets 2011: $159,5752011Assets 2012: $202,970Liabilities 2012: $30,835Net Assets 2012: $172,1352012Assets 2013: $170,248Liabilities 2013: $0Net Assets 2013: $170,2482013Assets 2014: $216,580Liabilities 2014: $0Net Assets 2014: $216,5802014Assets 2015: $258,969Liabilities 2015: $0Net Assets 2015: $258,9692015Assets 2016: $294,686Liabilities 2016: $81,625Net Assets 2016: $213,0612016Assets 2017: $253,671Liabilities 2017: $46,685Net Assets 2017: $206,9862017Assets 2018: $262,618Liabilities 2018: $52,275Net Assets 2018: $210,3432018Assets 2019: $290,171Liabilities 2019: $61,479Net Assets 2019: $228,6922019Assets 2020: $334,895Liabilities 2020: $87,443Net Assets 2020: $247,4522020Assets 2021: $258,346Liabilities 2021: $31,048Net Assets 2021: $227,2982021Assets 2022: $267,012Liabilities 2022: $56,914Net Assets 2022: $210,0982022Assets 2023: $190,667Liabilities 2023: $8,864Net Assets 2023: $181,8032023Assets 2024: $326,935Liabilities 2024: $0Net Assets 2024: $326,9352024

Highlighted filing

2017

Assets$253,671
Liabilities$46,685
Net Assets$206,986

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $208,4202010Expenses 2011: $174,9262011Expenses 2012: $191,0652012Revenue 2013: $222,869Expenses 2013: $224,756Net Income 2013: -$1,8872013Revenue 2014: $293,398Expenses 2014: $247,066Net Income 2014: $46,3322014Revenue 2015: $246,512Expenses 2015: $204,123Net Income 2015: $42,3892015Revenue 2016: $305,696Expenses 2016: $215,833Net Income 2016: $89,8632016Revenue 2017: $351,333Expenses 2017: $329,039Net Income 2017: $22,2942017Revenue 2018: $311,824Expenses 2018: $268,625Net Income 2018: $43,1992018Revenue 2019: $379,874Expenses 2019: $312,019Net Income 2019: $67,8552019Revenue 2020: $322,383Expenses 2020: $223,497Net Income 2020: $98,8862020Revenue 2021: $198,365Expenses 2021: $203,101Net Income 2021: -$4,7362021Revenue 2022: $335,264Expenses 2022: $308,427Net Income 2022: $26,8372022Revenue 2023: $370,102Expenses 2023: $401,581Net Income 2023: -$31,4792023Revenue 2024: $473,230Expenses 2024: $255,729Net Income 2024: $217,5012024

Highlighted filing

2017

Revenue$351,333
Expenses$329,039
Net Income$22,294
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 6, 2018
Return Version
2017v2.3
Gross Receipts
$351,333
Mission and Program Overview

Mission

Promote the business of members

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$130,038$131,737▲ $1,699
Cash and Non-Interest-Bearing Accounts$148,660$97,051▼ $51,609
Prepaid Expenses and Deferred Charges$2,233$17,935▲ $15,702
Intangible Assets$13,133$6,567▼ $6,566
Accounts Receivable$622$381▼ $241
Total Assets$294,686$253,671▼ $41,015
Liabilities
Deferred Revenue$69,322$45,100▼ $24,222
Accounts Payable and Accrued Expenses$12,303$1,585▼ $10,718
Total Liabilities$81,625$46,685▼ $34,940
Net Assets / Fund Balance
Unrestricted Net Assets$213,061$206,986▼ $6,075
Total Net Assets Fund Balance$213,061$206,986▼ $6,075
Total Liabilities and Net Assets / Fund Balance$294,686$253,671▼ $41,015
Compensation and Service Providers

Board Members and Trustees

NameTitle
Stephen ReamesPast President
Doug PowellPresident
Howard HerndonVice President
Don WestAlternate Director
Michael HabeebAlternate Director
Dan HookDirector
Malcom FrederickDirector
David StumphExecutive Director
Joshua RosenfieldSecretary
Bob WrobelTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$140,572
Program Service Revenue
$208,288
Investment Income
$1,711
Other Revenue
$762
Change in Net Assets
$22,294

Audited Revenue Reconciliation

Revenue per Audited Statements
$309,233
Revenue Not Reported on Financial Statements
$42,100
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$42,100
Total Revenue per Audited Statements
$309,233
Total Revenue per Form 990
$351,333
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$329,039
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---$120,275
Fees for Services Management---$84,666
Travel---$11,298
All Other Expenses---$10,157
Depreciation Depletion---$6,567
Fees for Services Accounting---$6,344
Other Expenses---$4,025
Information Technology---$3,336
Insurance---$875
Office Expenses---$453
Fees for Services Legal---$426
Total Functional Expenses$0$0$0$329,039

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$329,039
Expenses per Audited Statements$315,308
Total Expenses per Audited Statements$315,308
Expenses Not Reported on Financial Statements$13,731
Other Expense Adjustments$13,731
Expenses Not Reported on Form 990$0
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
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

ORGANIZED WITH MEMBERS

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

Election of officers by members

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

Members must approve some decisions of governing board.

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

No review was or will be conducted

Form 990, Part VI, Section B, Line 12

The organization annually reviews conflict of interest policy and if any potential conflicts might exist, the matters are brought before the board of directors during periodic meetings.

Form 990, Part VI, Section B, Line 15

No compensation is paid to officers and directors of the organization, and the organization utilizes a management company for day to day operations.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Professional Electrical Apparatus
EIN
84-1441704
Phone
7208816100
Address
10200 W 44TH AVE NO 304, WHEAT RIDGE, CO 80033

Signing Officer

Name
Michelle Miller
Title
Account Executive
Phone
7208816100
Signed
2018-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michelle Miller
Formed
1997
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Firm
Williams Benator & Libby Llp
Address
1040 CROWN POINTE PKWY 400, ATLANTA, GA 30338
Preparer
David a Nash CPA
Phone
7705120500
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Accrual to cash adjustment -28,369.

Financial Statement Notes

PART X, LINE 2:

The league follows recent accounting guidance on accounting for uncertainty in income tax. It prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of uncertain tax positions taken or expected to be taken in a company's income tax returns, including taxes on unrelated business income earned by non-profit organizations, and also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. The years ended december 31, 2014 through 2017 remain open to examination by the major tax jurisdictions to which the league is subject. The league has concluded that there are no uncertain tax positions related to years open to examination that would require recognition in the financial statements.

Raw XML Appendix383 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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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
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IRS990ScheduleD/OtherRevenuesNotIncludedAmt042100
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt042100
IRS990ScheduleD/RevenueSubtotalAmt0309233
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE LEAGUE FOLLOWS RECENT ACCOUNTING GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAX. IT PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A COMPANY'S INCOME TAX RETURNS, INCLUDING TAXES ON UNRELATED BUSINESS INCOME EARNED BY NON-PROFIT ORGANIZATIONS, AND ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. THE YEARS ENDED DECEMBER 31, 2014 THROUGH 2017 REMAIN OPEN TO EXAMINATION BY THE MAJOR TAX JURISDICTIONS TO WHICH THE LEAGUE IS SUBJECT. THE LEAGUE HAS CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS RELATED TO YEARS OPEN TO EXAMINATION THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0329039
IRS990ScheduleD/TotalRevenuePerForm990Amt0351333
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0309233
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0315308
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZED WITH MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ELECTION OF OFFICERS BY MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS MUST APPROVE SOME DECISIONS OF GOVERNING BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO REVIEW WAS OR WILL BE CONDUCTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION ANNUALLY REVIEWS CONFLICT OF INTEREST POLICY AND IF ANY POTENTIAL CONFLICTS MIGHT EXIST, THE MATTERS ARE BROUGHT BEFORE THE BOARD OF DIRECTORS DURING PERIODIC MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO COMPENSATION IS PAID TO OFFICERS AND DIRECTORS OF THE ORGANIZATION, AND THE ORGANIZATION UTILIZES A MANAGEMENT COMPANY FOR DAY TO DAY OPERATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ACCRUAL TO CASH ADJUSTMENT -28,369.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd01
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0294686
IRS990/TotalAssetsEOYAmt0253671
IRS990/TotalAssetsGrp/BOYAmt0294686
IRS990/TotalAssetsGrp/EOYAmt0253671
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0140572
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0329039
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt081625
IRS990/TotalLiabilitiesEOYAmt046685
IRS990/TotalLiabilitiesGrp/BOYAmt081625
IRS990/TotalLiabilitiesGrp/EOYAmt046685
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0213061
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0206986
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0208288
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01711
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0209050
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0351333
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0294686
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0253671
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt011298
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0213061
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0206986
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt010200 W 44TH AVE NO 304
IRS990/USAddress/CityNm0WHEAT RIDGE
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080033
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.PEARL1.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHELLE MILLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0ACCOUNT EXECUTIVE
ReturnHeader/BusinessOfficerGrp/PhoneNum07208816100
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PROFESSIONAL ELECTRICAL APPARATUS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0RECONDITIONING LEAGUE INC FKA PROFESSIO
ReturnHeader/Filer/BusinessNameControlTxt0PROF
ReturnHeader/Filer/EIN0841441704
ReturnHeader/Filer/PhoneNum07208816100
ReturnHeader/Filer/USAddress/AddressLine1Txt010200 W 44TH AVE NO 304
ReturnHeader/Filer/USAddress/CityNm0WHEAT RIDGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
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ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0E5C0405568809B831A9889EAAF4C51325B231588
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0E5C0405568809B831A9889EAAF4C51325B231588
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt038.140.7.50
ReturnHeader/FilingSecurityInformation/IPDt02018-11-06
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm016:29:45
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0581460137
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WILLIAMS BENATOR & LIBBY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01040 CROWN POINTE PKWY 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ATLANTA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030338
ReturnHeader/PreparerPersonGrp/PhoneNum07705120500
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID A NASH CPA
ReturnHeader/ReturnTs02018-11-08T10:48:38-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.27$0.00$3.27$4.73$2.56$2.18
2023Detailed filing. Detailed filing data is available for this year.$1.91$0.09$1.82$3.70$4.02$0.31
2022Detailed filing. Detailed filing data is available for this year.$2.67$0.57$2.10$3.35$3.08$0.27
2021Detailed filing. Detailed filing data is available for this year.$2.58$0.31$2.27$1.98$2.03$0.05
2020Detailed filing. Detailed filing data is available for this year.$3.35$0.87$2.47$3.22$2.23$0.99
2019Detailed filing. Detailed filing data is available for this year.$2.90$0.61$2.29$3.80$3.12$0.68
2018Detailed filing. Detailed filing data is available for this year.$2.63$0.52$2.10$3.12$2.69$0.43
2017Detailed filing. Detailed filing data is available for this year.$2.54$0.47$2.07$3.51$3.29$0.22
2016Summary only. Only limited summary data is available for this year.$2.95$0.82$2.13$3.06$2.16$0.90
2015Detailed filing. Detailed filing data is available for this year.$2.59$0.00$2.59$2.47$2.04$0.42
2014Detailed filing. Detailed filing data is available for this year.$2.17$0.00$2.17$2.93$2.47$0.46
2013Detailed filing. Detailed filing data is available for this year.$1.70$0.00$1.70$2.23$2.25$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.03$0.31$1.72$1.91
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.60$0.00$1.60$1.75
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$0.00$1.24$2.08