Civic Intelligence

Iapmo Research and Testing Inc

990 • Fiscal year 2020 • EIN 95-4507362

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 14, 2021

5001 E Philadelphia StreetOntario, CA 91761-2816

(909) 472-4100

Siviq Scores

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

Liabilities / Assets

99th percentile

1.40x

Higher debt load relative to assets than 99% of similar nonprofits.

2020 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

31st percentile

0.30x

Higher debt load relative to revenue than 31% of similar nonprofits.

2020 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2020

Net Margin

90th percentile

34%

Higher net margin than 90% of similar nonprofits.

2020 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

39th percentile

$459,117

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2020 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2020

Asset Growth

12th percentile

-14%

Faster asset growth than 12% of similar nonprofits.

2020 filings • 501(c)6 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

57th percentile

-3.8%

Faster revenue growth than 57% of similar nonprofits.

2020 filings • 501(c)6 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Assets

Down

$9,694,406

Down $1,549,285 (-14%) from 2019

Net Assets

Down

-$3,921,289

Down $1,676,374 (-75%) from 2019

Liabilities

Up

$13,615,695

Up $127,089 (+0.9%) from 2019

Revenue

Down

$44,653,285

Down $1,744,505 (-3.8%) from 2019

Expenses

Down

$29,262,588

Down $371,917 (-1.3%) from 2019

Net Income

Down

$15,390,697

Down $1,372,588 (-8.2%) from 2019

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0-$10MAssets 2010: $5,396,210Liabilities 2010: $8,227,505Net Assets 2010: -$2,831,2952010Assets 2011: $5,696,657Liabilities 2011: $8,506,493Net Assets 2011: -$2,809,8362011Assets 2012: $5,555,340Liabilities 2012: $8,697,512Net Assets 2012: -$3,142,1722012Assets 2013: $6,767,111Liabilities 2013: $9,787,745Net Assets 2013: -$3,020,6342013Assets 2014: $6,696,386Liabilities 2014: $10,541,029Net Assets 2014: -$3,844,6432014Assets 2015: $6,681,086Liabilities 2015: $11,084,200Net Assets 2015: -$4,403,1142015Assets 2016: $7,323,087Liabilities 2016: $11,836,234Net Assets 2016: -$4,513,1472016Assets 2017: $7,413,127Liabilities 2017: $11,881,890Net Assets 2017: -$4,468,7632017Assets 2018: $8,783,384Liabilities 2018: $12,780,133Net Assets 2018: -$3,996,7492018Assets 2019: $11,243,691Liabilities 2019: $13,488,606Net Assets 2019: -$2,244,9152019Assets 2020: $9,694,406Liabilities 2020: $13,615,695Net Assets 2020: -$3,921,2892020Assets 2021: $11,214,766Liabilities 2021: $14,657,683Net Assets 2021: -$3,442,9172021Assets 2022: $15,823,445Liabilities 2022: $15,926,383Net Assets 2022: -$102,9382022Assets 2023: $19,242,887Liabilities 2023: $16,958,186Net Assets 2023: $2,284,7012023Assets 2024: $24,833,599Liabilities 2024: $17,902,079Net Assets 2024: $6,931,5202024

Highlighted filing

2020

Assets$9,694,406
Liabilities$13,615,695
Net Assets-$3,921,289

Operations Trend

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

$80M$60M$40M$20M$0Expenses 2010: $16,703,8292010Revenue 2011: $28,838,789Expenses 2011: $17,436,265Net Income 2011: $11,402,5242011Expenses 2012: $17,610,7282012Revenue 2013: $31,696,575Expenses 2013: $18,870,310Net Income 2013: $12,826,2652013Revenue 2014: $32,872,455Expenses 2014: $19,661,017Net Income 2014: $13,211,4382014Revenue 2015: $34,082,240Expenses 2015: $21,179,690Net Income 2015: $12,902,5502015Revenue 2016: $37,886,627Expenses 2016: $22,834,197Net Income 2016: $15,052,4302016Revenue 2017: $39,890,354Expenses 2017: $25,273,886Net Income 2017: $14,616,4682017Revenue 2018: $42,324,990Expenses 2018: $27,695,587Net Income 2018: $14,629,4032018Revenue 2019: $46,397,790Expenses 2019: $29,634,505Net Income 2019: $16,763,2852019Revenue 2020: $44,653,285Expenses 2020: $29,262,588Net Income 2020: $15,390,6972020Revenue 2021: $46,736,492Expenses 2021: $28,807,715Net Income 2021: $17,928,7772021Revenue 2022: $50,566,669Expenses 2022: $35,383,688Net Income 2022: $15,182,9812022Revenue 2023: $58,178,492Expenses 2023: $41,142,055Net Income 2023: $17,036,4372023Revenue 2024: $67,384,490Expenses 2024: $47,562,690Net Income 2024: $19,821,8002024

Highlighted filing

2020

Revenue$44,653,285
Expenses$29,262,588
Net Income$15,390,697
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 14, 2021
Return Version
2020v4.0
Gross Receipts
$44,653,285
Mission and Program Overview

Mission

To protect the public's health and safety by working in concert with government and industry to implement comprehensive plumbing and mechanical systems around the world.

Performing independent testing, research, and technical services in the plumbing and mechanical industries, as well as providing consultation, training, quality assurance, failure analysis, and witness/field testing services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$6,720,733$5,821,850▼ $898,883
Investments in Publicly Traded Securities$309,569$1,224,335▲ $914,766
Savings and Temporary Cash Investments$2,005,474$1,145,980▼ $859,494
Land, Buildings, and Equipment, Net$1,113,351$992,427▼ $120,924
Cash and Non-Interest-Bearing Accounts$683,181$318,275▼ $364,906
Prepaid Expenses and Deferred Charges$280,366$120,090▼ $160,276
Inventories for Sale or Use$38,058$36,563▼ $1,495
Other Notes and Loans Receivable, Net$92,959$34,886▼ $58,073
Total Assets$11,243,691$9,694,406▼ $1,549,285
Liabilities
Deferred Revenue$11,355,183$11,945,871▲ $590,688
Other Liabilities$1,857,315$1,618,106▼ $239,209
Accounts Payable and Accrued Expenses$276,108$51,718▼ $224,390
Total Liabilities$13,488,606$13,615,695▲ $127,089
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-2,244,915$-3,921,289▼ $1,676,374
Total Net Assets Fund Balance$-2,244,915$-3,921,289▼ $1,676,374
Total Liabilities and Net Assets / Fund Balance$11,243,691$9,694,406▼ $1,549,285

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$532,680$1,678,939$2,211,619
Leasehold Improvements$388,250$813,119$1,201,369
Other Land Buildings$71,497$655,391$726,888
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Jin LuoEvp-lab RecoFT$459,117$459,117
Ohannes DembekjianEvp-cont COMFT$435,028$435,028
Thomas PalkonEvp-asse&watFT$415,975$415,975
Shirley DewiSVP--qualityFT$265,288$265,288
Anish DesaiVP-product CFT$239,631$239,631
Carlos GrossCompliance IFT$227,195$227,195
Oscar ZanoniVP-certificaFT$226,316$226,316

Board Members and Trustees

NameTitle
David GansChairman
Steve PanelliVice Chairma
Allen BeckerDirector
Jeremy StettlerDirector
John ParizekDirector
Rex CrawfordDirector
Xuefeng HuangLab Director
David ViolaCEO
Carlos GrossCompliance Inspector
Thomas PalkonEvp-asse&water Syste
Ohannes DembekjianEvp-cont Compliance
Jin LuoEvp-lab Recognition
Ken WijayaEvp-r&t Lab
Steve FerlundSecretary/tr
Shirley DewiSVP--quality Assuran
Oscar ZanoniVP-certification Pro
Anish DesaiVP-product Certifica

Highest Paid Contractors

ContractorServicesLocationCompensation
Qft LaboratoryCertifictn Insp900 TWELVE OAKS DRIVE, NANSANHUAN EAST RD 27, Williamstown, NJ 08094, Gm$296,023
Bosconian InternationalCertifictn Insp20516 ROMAR LANE, SOUTH LATITING ROAD, Santa Clarita, CA 91350, Ch$265,359
Ding PengCertifictn InspROOM 201 BLDG 123 NO 888, Shanghai, Ch$233,420
-Certifictn Insp-$168,841
-Iso Consultant-$161,870
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$44,583,530
Investment Income
$48,617
Other Revenue
$21,138
Change in Net Assets
$15,390,697
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$15,866,328
Salaries, Compensation, and Employee Benefits$13,396,260
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$9,998,067
Other Employee Benefits---$1,564,152
All Other Expenses---$1,553,163
Pension Plan Contributions---$1,183,456
Other Expenses---$801,626
Payroll Taxes---$650,585
Insurance---$358,602
Travel---$339,243
Depreciation Depletion---$217,120
Fees for Services Legal---$136,456
Office Expenses---$103,950
Advertising---$71,440
Interest---$1,533
Fees for Services Other---$1,324
Total Functional Expenses$0$0$0$29,262,588
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Deposits$1,250,022
Accrued Expenses and Payable$310,565
Accrued Vacation Payable$46,396
Capital Lease Obligation$11,123
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The organization has one member, international association of plumbing and mechanical officials.

Form 990, Page 6, Part VI, Line 7A

The organization's member appoints directors to serve on the board.

Form 990, Page 6, Part VI, Line 8B

There is no committe with authority to act on behalf of the governing body.

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

The completed form 990 is provided to the board of directors before their fall board meeting. It is reviewed in detail with staff at such meeting before it is filed with the internal revenue service. Minutes of the meeting are kept.

Form 990, Page 6, Part VI, Line 12C

All board members review and sign the code of ethics annually. All employees review and sign the conflict of interest policy annually. The ceo reviews the signed forms to ensure compliance.

Form 990, Page 6, Part VI, Line 15A

An independent firm was hired in 2018 to perform another competitive assessment of wages of the ceo, coo and approximately 60 staff positions at various levels, including all key staff.

Form 990, Page 6, Part VI, Line 15B

An independent firm was hired in 2018 to perform another competitive assessment of wages of the ceo, coo and approximately 60 staff positions at various levels, including all key staff. Key employees reported on form 990, sch j consist of those employees that received in excess of 150,000 of reportable compensation during 2020 and meet the responsibility test.

Form 990, Page 6, Part VI, Line 19

No documents, except tax return, available to the public.

Form 990, Part VII

Section a, line 1a - officers, directors, trustees the organization's officers and board members were appointed on december 10, 2020. All payroll is paid by the related tax-exempt organization, international association of plumbing and mechnical officials. The salaries included here are for employees working exclusively for iapmo research & testing, inc., iapmo testing and services, llc and asse international chapter of iapmo.

Filing and Contact Details

Filer

Filer Name
Iapmo Research and Testing Inc
EIN
95-4507362
Phone
9094724100
Address
5001 E PHILADELPHIA STREET, ONTARIO, CA 91761-2816

Signing Officer

Name
David Viola
Title
CEO
Phone
9094724100
Signed
2021-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Viola
Formed
1995
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Miller Giangrande Llp
Address
915 W IMPERIAL HWY STE 110, BREA, CA 92821
Preparer
April a Shanebeck
Phone
7144942200
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Other revenue comes from iso registration, laboratory recognition, standards, consulting income, and witness/field testing.

Form 990, Part XI, Line 9

Net contributions to related tax-exempt organizati -17,067,071

Financial Statement Notes

Schedule D, Page 3, Part X

Uncertain tax positions the accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the association may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the association and various positions related to the potential sources of unrelated business taxable income (ubti). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for the year ended december 31, 2020. Should any penalties and interest be incurred, the associations policy would be to recognize them as general and administrative expenses. Generally the associations tax returns remain open for three years for federal income tax examination and four years for state income tax examination.

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IRS990/Form990PartVIISectionAGrp/TitleTxt4SVP--QUALITY
IRS990/Form990PartVIISectionAGrp/TitleTxt5VP-PRODUCT C
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IRS990/Form990PartVIISectionAGrp/TitleTxt7COMPLIANCE I
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IRS990/MissionDesc0TO PROTECT THE PUBLIC'S HEALTH AND SAFETY BY WORKING IN CONCERT WITH GOVERNMENT AND INDUSTRY TO IMPLEMENT COMPREHENSIVE PLUMBING AND MECHANICAL SYSTEMS AROUND THE WORLD.
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3CAPITAL LEASE OBLIGATION
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0UNCERTAIN TAX POSITIONS THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE ASSOCIATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ASSOCIATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBTI). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE YEAR ENDED DECEMBER 31, 2020. SHOULD ANY PENALTIES AND INTEREST BE INCURRED, THE ASSOCIATIONS POLICY WOULD BE TO RECOGNIZE THEM AS GENERAL AND ADMINISTRATIVE EXPENSES. GENERALLY THE ASSOCIATIONS TAX RETURNS REMAIN OPEN FOR THREE YEARS FOR FEDERAL INCOME TAX EXAMINATION AND FOUR YEARS FOR STATE INCOME TAX EXAMINATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$24.8$17.9$6.93$67.4$47.6$19.8
2023Detailed filing. Detailed filing data is available for this year.$19.2$17.0$2.28$58.2$41.1$17.0
2022Detailed filing. Detailed filing data is available for this year.$15.8$15.9$0.10$50.6$35.4$15.2
2021Detailed filing. Detailed filing data is available for this year.$11.2$14.7$3.44$46.7$28.8$17.9
2020Detailed filing. Detailed filing data is available for this year.$9.69$13.6$3.92$44.7$29.3$15.4
2019Detailed filing. Detailed filing data is available for this year.$11.2$13.5$2.24$46.4$29.6$16.8
2018Detailed filing. Detailed filing data is available for this year.$8.78$12.8$4.00$42.3$27.7$14.6
2017Detailed filing. Detailed filing data is available for this year.$7.41$11.9$4.47$39.9$25.3$14.6
2016Detailed filing. Detailed filing data is available for this year.$7.32$11.8$4.51$37.9$22.8$15.1
2015Detailed filing. Detailed filing data is available for this year.$6.68$11.1$4.40$34.1$21.2$12.9
2014Detailed filing. Detailed filing data is available for this year.$6.70$10.5$3.84$32.9$19.7$13.2
2013Detailed filing. Detailed filing data is available for this year.$6.77$9.79$3.02$31.7$18.9$12.8
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.56$8.70$3.14$17.6
2011Summary only. Only limited summary data is available for this year.$5.70$8.51$2.81$28.8$17.4$11.4
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.40$8.23$2.83$16.7