Performance Review Institute Inc
- Assets
- $74.7m
- Revenue
- $42.8m
- Investments
- $4.6m
- Employees
- 206
- Location
- Warrendale, PA
- Founding
- 07/1993
- Data as of
- 12/2021
- EIN
- 25-1633904
Organization Overview
Performance Review Institute Inc is located in Warrendale, PA. The organization was established in 1993. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Performance Review Institute Inc employed 206 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Performance Review Institute Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Performance Review Institute Inc generated $42.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $37.3m during the year ending 12/2021. While expenses have increased by 2.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INDUSTRY MANAGED PROGRAMS: PROVIDES AUDITS OF SPECIAL MANUFACTURING PROCESSES TO INDUSTRY DEVELOPED AUDIT CRITERIA AS DEFINED BY CONSENSUS OF ALL INDUSTRY PARTICIPANTS RESULTING IN ACCREDITATION RECOGNIZED INTERNATIONALLY BY INDUSTRY OEM'S.
REGISTRAR PROGRAM: ACCREDITED BY ANAB, PROVIDES QUALITY MANAGEMENT SYSTEM AUDITS TO VARIOUS INTERNATIONAL STANDARDS RESULTING IN CERTIFICATION TO SUCH STANDARDS.
PROFESSIONAL DEVELOPMENT PROGRAM: PROVIDE OUTSTANDING LEARNING SOLUTIONS THROUGH GLOBAL INDUSTRY DRIVEN TRAINING TO ADD VALUE TO THE VARIOUS INDUSTRY MANAGED PROGRAMS, AND PROVIDE A PROGRAM FOR THE CERTIFICATION OF SELECT AEROSPACE PERSONNEL AS COMPETENT IN A SPECIFIC SPECIALIZED MANUFACTURING PROCESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott R Klavon Dir Nadcap Prgm | Officer | 40 | $237,027 |
Randy Daugharthy Dir Registrar Prgm | 40 | $186,187 | |
Connie Conboy Dir, Medaccred Prgm | 40 | $183,502 | |
Michael Graham Sr. Prgm Mgr Nadcap | 40 | $178,075 | |
Edgar Kegerreis Sr Prgm Mgr Registrar | 40 | $175,111 | |
John Brouzakis Jr Cntlr, Fp&a Sr Mgr | 40 | $156,903 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Beacon Hill Staffing Group Llc It Consultants | 12/30/21 | $194,330 |
Lecuyer Quality Auditing Llc Quality System Audit | 12/30/21 | $163,934 |
Martin Associates Llc Quality System Audit | 12/30/21 | $227,150 |
Heidrick Struggles Inc Recuiting Services | 12/30/21 | $160,678 |
Qsa1 Incorporated Quality System Audit | 12/30/21 | $158,750 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $39,349,733 |
| Investment income | $697,658 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,863,108 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $42,815,654 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $383,156 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,105,830 |
| Pension plan accruals and contributions | $802,801 |
| Other employee benefits | $852,041 |
| Payroll taxes | $452,735 |
| Fees for services: Management | $46,319 |
| Fees for services: Legal | $79,561 |
| Fees for services: Accounting | $84,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $259,190 |
| Fees for services: Other | $1,151,752 |
| Advertising and promotion | $123,923 |
| Office expenses | $349,239 |
| Information technology | $605,296 |
| Royalties | $0 |
| Occupancy | $542,909 |
| Travel | $218,501 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $640,428 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $537,678 |
| Insurance | $147,444 |
| All other expenses | $217,434 |
| Total functional expenses | $37,313,298 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,052,813 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,830,119 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,911,635 |
| Net Land, buildings, and equipment | $524,835 |
| Investments—publicly traded securities | $48,875,922 |
| Investments—other securities | $4,580,503 |
| Investments—program-related | $0 |
| Intangible assets | $1,477,182 |
| Other assets | $441,456 |
| Total assets | $74,694,465 |
| Accounts payable and accrued expenses | $3,137,969 |
| Grants payable | $0 |
| Deferred revenue | $11,484,597 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $120,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,684,396 |
| Total liabilities | $16,426,962 |
| Net assets without donor restrictions | $58,267,503 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $74,694,465 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Performance Review Institute Inc Warrendale, PA | $74,694,465 | $42,815,654 |
First Look Media Works Inc New York, NY | $8,923,263 | $13,712,748 |
Princeton University Press Princeton, NJ | $151,044,829 | $27,595,157 |
Editorial Projects In Education Inc Bethesda, MD | $35,486,255 | $21,641,400 |
Project Veritas Mamaroneck, NY | $11,883,753 | $22,034,786 |
Baltimore Teacher Network Baltimore, MD | $946,016 | $9,863,712 |
Machon Mashe Rockeach Inc Brooklyn, NY | $2,473,215 | $8,597,419 |
Ohio Rural Electric Cooperatives Inc Country Living Magazine Columbus, OH | $3,871,538 | $7,712,310 |
Harpers Magazine Foundation New York, NY | $1,648,663 | $7,386,851 |
The New Press Inc New York, NY | $10,475,881 | $7,017,448 |
Sunlight For All Institute Baltimore, MD | $20,573,717 | $24,195,292 |
Medical Letter Inc New Rochelle, NY | $4,157,236 | $5,090,906 |