Civic Intelligence

Wood Supply Research Institute Inc

EIN 90-0578557 • 501(c)6 • Washington, DC

Profile

The mission of the organization is to facilitate and fund research that will promote and improve efficiencies in the wood supply systems and improve business conditions in the forest products industry. This will be accomplished by: conducting and/or funding research that will identify the structure and performance of and qualify constraints on current wood supply systems; conducting research that will investigate new and improved methodologies which will enable more efficient and cost-effective wood supply operations in the forest products industry; transferring the results of research and investigation to institute members and publishing key findings to benefit the entire forest products industry and communicating a general project summary for the benefit of the forest products industry through various sources, with the forest resources association being the primary communicator.

1901 Pennsylvania Avenue NW No 303Washington, DC 20006

wsri.org

Siviq Scores

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

Liabilities / Assets

78th percentile

0.15x

Higher debt load relative to assets than 78% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

81st percentile

0.15x

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

501(c)6 • <$500k nonprofits • Source year 2018

Net Margin

8th percentile

-81%

Higher net margin than 8% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2018

Top Officer Pay

89th percentile

$49,000

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 42.9% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2018

Asset Growth

17th percentile

-40%

Faster asset growth than 17% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

28th percentile

-17%

Faster revenue growth than 28% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets78th percentile

Assets

Down

$112,994

Down $76,059 (-40%) from 2017

Liabilities

Up

$16,688

Up $16,688 from 2017

Net Assets

Down

$96,306

Down $92,747 (-49%) from 2017

Operations
Liabilities / Revenue81st percentileNet Margin8th percentile

Revenue

Down

$114,302

Down $23,568 (-17%) from 2017

Expenses

Up

$207,049

Up $119,235 (+136%) from 2017

Net Income

Down

-$92,747

Down $142,803 (-285%) from 2017

Trend Graphs

Balance Sheet Trend

Asset Growth17th percentile

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

$300K$200K$100K$0Assets 2011: $237,986Liabilities 2011: $9,1792011Assets 2012: $187,661Liabilities 2012: $2,8902012Assets 2013: $181,264Liabilities 2013: $4,842Net Assets 2013: $176,4222013Assets 2014: $179,637Liabilities 2014: $5,785Net Assets 2014: $173,8522014Assets 2015: $202,349Liabilities 2015: $3,125Net Assets 2015: $199,2242015Assets 2016: $143,497Liabilities 2016: $4,500Net Assets 2016: $138,9972016Assets 2017: $189,053Liabilities 2017: $0Net Assets 2017: $189,0532017Assets 2018: $112,994Liabilities 2018: $16,688Net Assets 2018: $96,3062018

Highlighted filing

2018

Assets$112,994
Liabilities$16,688
Net Assets$96,306
Open 2018 Filing

Operations Trend

Revenue Growth28th percentile

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

$300K$200K$100K$0-$100KRevenue 2011: $141,621Expenses 2011: $205,486Net Income 2011: -$63,8652011Revenue 2012: $139,954Expenses 2012: $183,990Net Income 2012: -$44,0362012Revenue 2013: $155,660Expenses 2013: $164,009Net Income 2013: -$8,3492013Revenue 2014: $161,018Expenses 2014: $163,588Net Income 2014: -$2,5702014Revenue 2015: $150,515Expenses 2015: $124,643Net Income 2015: $25,8722015Revenue 2016: $117,516Expenses 2016: $176,743Net Income 2016: -$59,2272016Revenue 2017: $137,870Expenses 2017: $87,814Net Income 2017: $50,0562017Revenue 2018: $114,302Expenses 2018: $207,049Net Income 2018: -$92,7472018

Highlighted filing

2018

Revenue$114,302
Expenses$207,049
Net Income-$92,747
Open 2018 Filing

Filings

Most recent year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$112,994
Liabilities
$16,688
Net assets
$96,306
Revenue
$114,302
Expenses
$207,049
Net income
-$92,747
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$1.13$0.17$0.96$1.14$2.07$0.93
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.89$0.00$1.89$1.38$0.88$0.50
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.43$0.05$1.39$1.18$1.77$0.59
2015Detailed filing. Detailed filing data is available for this year.$2.02$0.03$1.99$1.51$1.25$0.26
2014Detailed filing. Detailed filing data is available for this year.$1.80$0.06$1.74$1.61$1.64$0.03
2013Detailed filing. Detailed filing data is available for this year.$1.81$0.05$1.76$1.56$1.64$0.08
2012Summary only. Only limited summary data is available for this year.$1.88$0.03$1.40$1.84$0.44
2011Summary only. Only limited summary data is available for this year.$2.38$0.09$1.42$2.05$0.64
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 29, 2019
Return Version
2018v3.1
Gross Receipts
$114,302
Mission and Program Overview

Mission

The mission of the organization is to facilitate and fund research that will promote and improve efficiencies in the wood supply systems and improve business conditions in the forest products industry. This will be accomplished by: conducting and/or funding research that will identify the structure and performance of and qualify constraints on current wood supply systems; conducting research that will investigate new and improved methodologies which will enable more efficient and cost-effective wood supply operations in the forest products industry; transferring the results of research and investigation to Institute members and publishing key findings to benefit the entire forest products industry and communicating a general project summary for the benefit of the forest products industry through various sources, with the Forest Resources Association being the primary communicator.

Program Services

DescriptionGrantsExpenses
Facilitate and fund research to promote and improve efficiency in the wood supply system.$0$0
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
J Steven CarruthExecutive DirectorFT$49,000-$49,000
Brad FullerDirector / Chairman-$0--
Jim StempleDirector-$0--
Jeff JenkinsDirector-$0--
Chris BeckleanDirector-$0--
Barry ParrishDirector-$0--
Bill GuthrieDirector-$0--
Chris GordyDirector-$0--
Barry WyattDirector-$0--
Mark WisemanDirector-$0--
Danny DructorDirector-$0--
Ken MartinDirector-$0--
Political and Lobbying Activity
In-house lobbying only
Yes
Filing and Contact Details

Filer

Filer Name
Wood Supply Research Institute Inc
EIN
90-0578557
Phone
2022963937
Address
1901 Pennsylvania Avenue NW No 303, Washington, DC 20006

Signing Officer

Name
Deborah Hawkinson
Title
President
Phone
2022963937
Signed
2019-10-29
Discuss with paid preparer
Yes

Preparer

Firm
Rogers & Company PLLC
Address
8300 Boone Boulevard Suite 600, Vienna, VA 22182
Preparer
Lori A Collingsworth
Phone
7038930300
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 4 - Other Investment Income

“Description: Interest. Amount: 1,302.”

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity Classification: Lean Logistics Reserach Grant. Grantee Name: VT College of Natural Resources and Environment. Amount Given: 25,000.”

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity Classification: Log trucking safety awareness. Grantee Name: Team Safe Trucking. Amount Given: 25,000. Total included on Form 990-EZ, line 10: 50,000.”

Form 990-EZ, Part I, Line 16 - Other Expenses

“Description: Research Expenses- Master Logger Project. Amount: 72,000. Description: Insurance. Amount: 3,940. Description: Travel. Amount: 3,017. Description: Meetings. Amount: 1,831. Description: Office expenses. Amount: 460. Total to Form 990-EZ, line 16: 81,248.”

Form 990-EZ, Part II, Line 24 - Other Assets

“Description: Prepaid expenses. Beg. of Year Amount: 2,071. End of Year Amount: 0.”

Form 990-EZ, Part II, Line 26 - Other Liabilities

“Description: Due to Forest Resources Association. Beg. of Year Amount: 0. End of Year Amount: 16,688.”

Raw XML Appendix181 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Activity Classification: Log trucking safety awareness. Grantee Name: Team Safe Trucking. Amount Given: 25,000. Total included on Form 990-EZ, line 10: 50,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: Research Expenses- Master Logger Project. Amount: 72,000. Description: Insurance. Amount: 3,940. Description: Travel. Amount: 3,017. Description: Meetings. Amount: 1,831. Description: Office expenses. Amount: 460. Total to Form 990-EZ, line 16: 81,248.
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TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Lori A Collingsworth
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Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)6 • <$500k nonprofits