Civic Intelligence

Sustainable Investments Institute Inc

EIN 90-0521976 • 501(c)6 • Boonsboro, MD

View Organization Page

Profile

The institute conducts impartial research and publishes reports on organized efforts

21122 Park Hall RoadBoonsboro, MD 21713

www.siinstitute.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2025

Liabilities / Revenue

51st percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2025

Net Margin

1st percentile

-302867%

Higher net margin than 1% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2025

Top Officer Pay

85th percentile

$30,000

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 71428.6% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2025

Asset Growth

8th percentile

-100%

Faster asset growth than 8% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

2nd percentile

-100%

Faster revenue growth than 2% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $147,664 (-100%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Down

$0

Down $147,664 (-100%) from 2024

Operations
Liabilities / Revenue51st percentileNet Margin1st percentile

Revenue

Down

$42

Down $378,033 (-100%) from 2024

Expenses

Down

$127,246

Down $313,620 (-71%) from 2024

Net Income

Down

-$127,204

Down $64,413 (-103%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth8th percentile

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

$600K$400K$200K$0-$200KAssets 2011: $69,588Liabilities 2011: $89,177Net Assets 2011: -$19,5892011Assets 2012: $76,678Liabilities 2012: $93,644Net Assets 2012: -$16,9662012Assets 2013: $180,821Liabilities 2013: $188,021Net Assets 2013: -$7,2002013Assets 2014: $187,515Liabilities 2014: $167,870Net Assets 2014: $19,6452014Assets 2015: $240,095Liabilities 2015: $164,472Net Assets 2015: $75,6232015Assets 2016: $223,280Liabilities 2016: $121,034Net Assets 2016: $102,2462016Assets 2017: $301,300Liabilities 2017: $185,326Net Assets 2017: $115,9742017Assets 2018: $268,825Liabilities 2018: $158,943Net Assets 2018: $109,8822018Assets 2019: $237,546Liabilities 2019: $139,869Net Assets 2019: $97,6772019Assets 2020: $227,536Liabilities 2020: $138,980Net Assets 2020: $88,5562020Assets 2021: $313,215Liabilities 2021: $170,785Net Assets 2021: $142,4302021Assets 2022: $327,925Liabilities 2022: $144,638Net Assets 2022: $183,2872022Assets 2023: $410,130Liabilities 2023: $208,130Net Assets 2023: $202,0002023Assets 2024: $147,664Liabilities 2024: $0Net Assets 2024: $147,6642024Assets 2025: $0Liabilities 2025: $0Net Assets 2025: $02025

Highlighted filing

2025

Assets$0
Liabilities$0
Net Assets$0
Open 2025 Filing

Operations Trend

Revenue Growth2nd percentile

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

$600K$400K$200K$0-$200KExpenses 2011: $293,2952011Expenses 2012: $273,1132012Revenue 2013: $333,775Expenses 2013: $318,086Net Income 2013: $15,6892013Revenue 2014: $346,722Expenses 2014: $319,877Net Income 2014: $26,8452014Revenue 2015: $347,765Expenses 2015: $291,787Net Income 2015: $55,9782015Revenue 2016: $372,400Expenses 2016: $345,777Net Income 2016: $26,6232016Revenue 2017: $359,711Expenses 2017: $345,983Net Income 2017: $13,7282017Revenue 2018: $345,340Expenses 2018: $351,432Net Income 2018: -$6,0922018Revenue 2019: $312,487Expenses 2019: $324,692Net Income 2019: -$12,2052019Revenue 2020: $289,317Expenses 2020: $298,438Net Income 2020: -$9,1212020Revenue 2021: $343,063Expenses 2021: $289,189Net Income 2021: $53,8742021Revenue 2022: $378,928Expenses 2022: $338,071Net Income 2022: $40,8572022Revenue 2023: $400,685Expenses 2023: $381,972Net Income 2023: $18,7132023Revenue 2024: $378,075Expenses 2024: $440,866Net Income 2024: -$62,7912024Revenue 2025: $42Expenses 2025: $127,246Net Income 2025: -$127,2042025

Highlighted filing

2025

Revenue$42
Expenses$127,246
Net Income-$127,204
Open 2025 Filing

Filings

Most recent year

2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$42
Expenses
$127,246
Net income
-$127,204
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$1.27$1.27
2024Detailed filing. Detailed filing data is available for this year.$1.48$0.00$1.48$3.78$4.41$0.63
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.10$2.08$2.02$4.01$3.82$0.19
2022Detailed filing. Detailed filing data is available for this year.$3.28$1.45$1.83$3.79$3.38$0.41
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.13$1.71$1.42$3.43$2.89$0.54
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.28$1.39$0.89$2.89$2.98$0.09
2019Detailed filing. Detailed filing data is available for this year.$2.38$1.40$0.98$3.12$3.25$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.69$1.59$1.10$3.45$3.51$0.06
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.01$1.85$1.16$3.60$3.46$0.14
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.23$1.21$1.02$3.72$3.46$0.27
2015Detailed filing. Detailed filing data is available for this year.$2.40$1.64$0.76$3.48$2.92$0.56
2014Detailed filing. Detailed filing data is available for this year.$1.88$1.68$0.20$3.47$3.20$0.27
2013Detailed filing. Detailed filing data is available for this year.$1.81$1.88$0.07$3.34$3.18$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.94$0.17$2.73
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.89$0.20$2.93
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Mar 16, 2026
Return Version
2025v4.0
Gross Receipts
$42
Mission and Program Overview

Mission

The Sustainable Investments Institute conducted impartial research and published reports on organized efforts to influence corporate behavior on social and environmental issues.

Program Services

DescriptionGrantsExpenses
Research on social and environmental issues in shareholder resolutions and related subjects, archive of work and remaining assets donated to US SIF to set up a digital archive of our work.--
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Heidi WelshExecutive Director-$30,000-$30,000
Julie Fox GorteChair-$0--
Scott FennTreasurer-$0--
Mark BatemanSecretary-$0--
Mary Jane McQuillenMember-$0--
Filing and Contact Details

Filer

Filer Name
Sustainable Investments Institute Inc
EIN
90-0521976
Phone
2406252975
Address
21122 Park Hall Road, Boonsboro, MD 21713

Signing Officer

Name
Heidi Welsh
Title
Executive Director
Phone
2406252975
Signed
2026-03-16
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Description;Amount^accounting and payroll fees;1470|taxes on severance payments;5789|legal costs for shutdown;4475|website expense;403|insurance reimbursement given cancellation;-627|assets donated to US SIF in Feb and March 2026;40729^Total;52239^”

Form 990-EZ, Part I, Line 20

“Prior year accounting adjustments includes final outcome of previously anticipated amortized communications/internet/website costs.”

Raw XML Appendix134 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Heidi Welsh
IRS990EZ/BooksInCareOfDetail/PhoneNum02406252975
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt021122 Park Hall Road
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Boonsboro
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd021713
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0147664
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt00
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-127204
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt00
IRS990EZ/FinalReturnInd0X
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0147664
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt042
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt042
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0147664
IRS990EZ/NetAssetsOrFundBalancesEOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0147664
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OccupancyRentUtltsAndMaintAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt030000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Heidi Welsh
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Julie Fox Gorte
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Scott Fenn
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Mark Bateman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Mary Jane McQuillen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Chair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Member
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd01
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt0-20460
IRS990EZ/OtherExpensesTotalAmt052239
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0The Sustainable Investments Institute conducted impartial research and published reports on organized efforts to influence corporate behavior on social and environmental issues.
IRS990EZ/PrintingPublicationsPostageAmt07
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Research on social and environmental issues in shareholder resolutions and related subjects, archive of work and remaining assets donated to US SIF to set up a digital archive of our work.
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt075000
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt0127246
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt042
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0The organization had $41,015 in cash in its bank accounts on Dec 31,2025 and had signed an agreement to disburse any remaining funds to US SIF, a non-profit organization with a similar mission. The only transactions to close up the books in 2026 were $237 for accounting software and $50 for two wire transfer fees, which are included in the FY 2025 figures on this form. US SIF is using the funds to host an online archive of our publications and a related database that we built over the 15 years of our operations.
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0US SIF Foundation
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02026-03-16
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0222989704
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt040729
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0c3
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0Distribution of remaining assets in bank account wired to US SIF Foundation in two tranches, on Feb 18 2026 ($30,000) and on March 16 2026 ($10,729)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt01050 Connecticut Ave NW
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0Washington
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0DC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd020035
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^accounting and payroll fees;1470|taxes on severance payments;5789|legal costs for shutdown;4475|website expense;403|insurance reimbursement given cancellation;-627|assets donated to US SIF in Feb and March 2026;40729^Total;52239^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Prior year accounting adjustments includes final outcome of previously anticipated amortized communications/internet/website costs.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 20
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Heidi Welsh
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum02406252975
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-03-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SUSTAINABLE INVESTMENTS INSTITUTE INC
ReturnHeader/Filer/BusinessNameControlTxt0SUST
ReturnHeader/Filer/EIN0900521976
ReturnHeader/Filer/PhoneNum02406252975
ReturnHeader/Filer/USAddress/AddressLine1Txt021122 Park Hall Road
ReturnHeader/Filer/USAddress/CityNm0Boonsboro
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd021713
ReturnHeader/ReturnTs02026-03-16T16:16:57-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

Document Assets

No mirrored PDF or thumbnail assets are attached yet.