Form 990 for tax year 2022
Filed by PERFORMANCE REVIEW INSTITUTE INC.
Totals
- Total revenue
- $48,567,754
- Total expenses
- $48,315,338
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $47,247,011
- Investment income
- $1,468,822
- Other revenue
- -$148,079
- Total assets, end of year
- $67,870,674
- Total liabilities, end of year
- $17,881,994
- Net assets or fund balances, end of year
- $49,988,680
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: AUDIT PROGRAMS
total $45,155,907 · related or exempt $45,155,907
-
2b · Program service revenue: PROFESSIONAL DEVELOPMENT PROGRAM
total $2,091,104 · related or exempt $2,091,104
-
3 · Investment income
total $703,723 · excluded $703,723
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $9,661,414
-
7b · Less cost or other basis and sales expenses
securities $8,896,315
-
7c · Gain or loss
securities $765,099
-
7d · Net gain or loss
total $765,099 · excluded $765,099
-
8a · Fundraising events: gross income
$0
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$0
-
10b · Cost of goods sold
$0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: FOREIGN CURRENCY TRANSACTION LOSS
total -$148,079 · excluded -$148,079
-
11e · Other revenue, total
-$148,079
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $888,851
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $10,951,016
-
8 · Pension plan contributions
total $807,500
-
9 · Other employee benefits
total $776,599
-
10 · Payroll taxes
total $510,029
-
11a · Fees: management
total $23,502
-
11b · Fees: legal
total $83,155
-
11c · Fees: accounting
total $83,050
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $244,036
-
11g · Fees: other
total $1,106,502
-
12 · Advertising and promotion
total $272,246
-
13 · Office expenses
total $466,677
-
14 · Information technology
total $1,087,928
-
15 · Royalties
total $0
-
16 · Occupancy
total $577,728
-
17 · Travel
total $893,766
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $1,466,582
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $523,617
-
23 · Insurance
total $160,329 · program services $0 · management and general $0 · fundraising $0
-
24a · Other expenses: AUDITOR/INSTRUCTOR FEES
total $24,105,770
-
24b · Other expenses: EQUIPMENT/REPAIRS
total $1,624,841
-
24c · Other expenses: BAD DEBT
total $1,275,433
-
24d · Other expenses: LICENSES
total $166,451
-
24e · All other expenses
total $219,730
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $13,052,813 · end of year $1,223,364
-
2 · Savings and temporary cash investments
beginning of year $0 · end of year $0
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $0
-
4 · Accounts receivable
beginning of year $3,830,119 · end of year $2,878,754
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $1,911,635 · end of year $1,629,820
-
10a · Land, buildings and equipment: cost or other basis
$5,417,584
-
10b · Land, buildings and equipment: accumulated depreciation
$1,969,431
-
10c · Land, buildings and equipment, net
beginning of year $524,835 · end of year $3,448,153
-
11 · Investments: publicly traded securities
beginning of year $48,875,922 · end of year $46,947,643
-
12 · Investments: other securities
beginning of year $4,580,503 · end of year $4,376,147
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $1,477,182 · end of year $1,098,106
-
15 · Other assets
beginning of year $441,456 · end of year $6,268,687
-
17 · Accounts payable and accrued expenses
beginning of year $3,137,969 · end of year $2,112,940
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $11,484,597 · end of year $9,804,994
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $120,000 · end of year $90,000
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $1,684,396 · end of year $5,874,060
-
27 · Net assets without donor restrictions
beginning of year $58,267,503 · end of year $49,988,680
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2022
Mission
SEE SCHEDULE O.
-
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.
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
David L Schutt PhDDAVID L SCHUTT PHD
PRESIDENT
- Total calculated
- $1,426,784
- From this org
- $0
- From related orgs
- $1,375,237
- Other
- $51,547
- Hours/week
- 10 + 30 related
Schedule J breakdown matched by us
- Base
- $0 + $917,400 related
- Bonus
- $0 + $286,000 related
- Other
- $0 + $171,837 related
- Deferred
- $0 + $30,500 related
- Nontaxable benefits
- $0 + $21,047 related
- Filer's total
- $0 + $1,426,784 related
-
Scott R KlavonSCOTT R KLAVON
DIR NADCAP PRGM (THRU 06/22)
- Total calculated
- $468,572
- From this org
- $446,136
- From related orgs
- $0
- Other
- $22,436
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $155,736
- Bonus
- $56,400
- Other
- $234,000
- Deferred
- $10,980
- Nontaxable benefits
- $11,456
- Filer's total
- $468,572
-
Jonathan SolomondJONATHAN SOLOMOND
EVP & COO
- Total calculated
- $420,279
- From this org
- $325,000
- From related orgs
- $0
- Other
- $95,279
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $325,000
- Bonus
- $0
- Other
- $0
- Deferred
- $71,075
- Nontaxable benefits
- $24,204
- Filer's total
- $420,279
-
Brian TrybendBRIAN TRYBEND
SECRETARY/TREAS/CFO
- Total calculated
- $407,708
- From this org
- $0
- From related orgs
- $345,000
- Other
- $62,708
- Hours/week
- 10 + 30 related
Schedule J breakdown matched by us
- Base
- $0 + $257,000 related
- Bonus
- $0 + $88,000 related
- Other
- $0
- Deferred
- $0 + $53,240 related
- Nontaxable benefits
- $0 + $9,468 related
- Filer's total
- $0 + $407,708 related
-
Randy DaugharthyRANDY DAUGHARTHY
DIR REGISTRAR PRGM
- Total calculated
- $271,737
- From this org
- $235,111
- From related orgs
- $0
- Other
- $36,626
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $193,311
- Bonus
- $41,800
- Other
- $0
- Deferred
- $23,511
- Nontaxable benefits
- $13,115
- Filer's total
- $271,737
-
Anthony W ParfittANTHONY W PARFITT
DIR OF SOFTWARE ENG
- Total calculated
- $241,747
- From this org
- $202,250
- From related orgs
- $0
- Other
- $39,497
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $180,250
- Bonus
- $22,000
- Other
- $0
- Deferred
- $20,225
- Nontaxable benefits
- $19,272
- Filer's total
- $241,747
-
John Brouzakis JrJOHN BROUZAKIS JR
CNTLR, FP&A SR MGR
- Total calculated
- $239,295
- From this org
- $196,561
- From related orgs
- $0
- Other
- $42,734
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $165,061
- Bonus
- $31,500
- Other
- $0
- Deferred
- $19,656
- Nontaxable benefits
- $23,078
- Filer's total
- $239,295
-
Robert M Lizewski JrROBERT M LIZEWSKI JR
VP OF OPS/MEDACCRED
- Total calculated
- $212,941
- From this org
- $193,907
- From related orgs
- $0
- Other
- $19,034
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $161,807
- Bonus
- $32,100
- Other
- $0
- Deferred
- $17,465
- Nontaxable benefits
- $1,569
- Filer's total
- $212,941
-
Connie ConboyCONNIE CONBOY
DIR, MEDACC. PRGM (THRU 06/22)
- Total calculated
- $190,086
- From this org
- $181,637
- From related orgs
- $0
- Other
- $8,449
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $109,437
- Bonus
- $37,200
- Other
- $35,000
- Deferred
- $8,108
- Nontaxable benefits
- $341
- Filer's total
- $190,086
-
Doug AckermanDOUG ACKERMAN
DIRECTOR (AS OF 10/22)
- Total calculated
- $0
- Hours/week
- 1
-
Anne BarussaudANNE BARUSSAUD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Philip JunePHILIP JUNE
DIRECTOR (THRU 09/22)
- Total calculated
- $0
- Hours/week
- 1
-
Kim KillackeyKIM KILLACKEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Oliver KraatzOLIVER KRAATZ
DIRECTOR (AS OF 06/22)
- Total calculated
- $0
- Hours/week
- 1
-
Matthew LeyMATTHEW LEY
DIRECTOR (THRU 06/22)
- Total calculated
- $0
- Hours/week
- 1
-
Peter LordPETER LORD
DIRECTOR (AS OF 08/22)
- Total calculated
- $0
- Hours/week
- 1
-
Andy MaherANDY MAHER
DIRECTOR (AS OF 07/22)
- Total calculated
- $0
- Hours/week
- 1
-
Tony MaguireTONY MAGUIRE
DIRECTOR (THRU 06/22)
- Total calculated
- $0
- Hours/week
- 1
-
Nobuo MorishitaNOBUO MORISHITA
DIRECTOR (THRU 10/22)
- Total calculated
- $0
- Hours/week
- 1
-
Paul MorganPAUL MORGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Craig NelsonCRAIG NELSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Salim SemssarSALIM SEMSSAR
DIRECTOR (THRU 04/22)
- Total calculated
- $0
- Hours/week
- 1
-
Suguru WatanabeSUGURU WATANABE
DIRECTOR (AS OF 11/22)
- Total calculated
- $0
- Hours/week
- 1
-
Jorg WernerJORG WERNER
DIRECTOR (THRU 06/22)
- Total calculated
- $0
- Hours/week
- 1
-
Jianqiang XuJIANQIANG XU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- Schedule J, Part I, Line 3
- SAE INTERNATIONAL, A RELATED ORGANIZATION, USES A DOCUMENTED PROCESS FOR DETERMINING THE COMPENSATION FOR THE STAFF OF THE FILING ORGANIZATION INCLUDING THE TOP MANAGEMENT OFFICIAL. DETERMINATION OF COMPENSATION LEVELS ARE MARKET PRICED WITH BENCHMARK DATA BASED ON THE APPLICABLE JOB DESCRIPTION FOR EVERY POSITION. IN ADDITION, THE ORGANIZATION CONDUCTS AN ANNUAL PERFORMANCE EVALUATION BASED ON INDIVIDUAL EMPLOYEE PERFORMANCE FOR THE YEAR. FOR EVERY EMPLOYEE INCLUDING THE TOP MANAGEMENT OFFICIAL, EACH EMPLOYEE, AT HIS OR HER MANAGER'S DISCRETION, IS GIVEN A MERIT INCREASE BASED ON THE EMPLOYEE'S PERFORMANCE RATING AND THE POSITION WITHIN THE SALARY RANGE SUCH EMPLOYEE CURRENTLY OCCUPIES.
- Schedule J, Part I, Line 4A
- THE FOLLOWING EMPLOYEES RECEIVED SEVERANCE DURING 2022: SCOTT KLAVON - $234,000 CONNIE CONBOY- $35,000
- Schedule J, Part I, Line 4b
- THE FOLLOWING EMPLOYEES PARTICIPATED IN THE 457(F) SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN AND RECEIVED AN EMPLOYER CONTRIBUTION DURING 2022: JONATHAN P. SOLOMOND - $42,625
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · SEE PART VII · PA
Directly controlled by NA
-
SAE INDUSTRY TECHNOLOGIES CONSORTIA
501(C)(6) · SEE PART VII · PA
Directly controlled by SAE INT'L
-
501(c)(3) · See Part VII · MI
Directly controlled by SAE ITC
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
FULLSIGHT LLC
EXCLUDED · Payroll · PA · 33.33% owned · share of income $0 · share of assets $934,877
Directly controlled by SAE Int'l
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
SAE MEDIA GROUP
C-Corp · PUBLISHING · NY · share of income $0 · share of assets $0
Directly controlled by SAE INT'L
-
PRI EUROPE LIMITED
C-CORP · SEE PART VII · UK · 100% owned · share of income $2,785,288 · share of assets $3,303,247 · controlled entity
Directly controlled by PRI
-
SAE INDUSTRIAL CONSULTING SERVICES
C-CORP · CONSULTING · CH · share of income $0 · share of assets $0
Directly controlled by SAE GLOBAL LLC
-
SAE GROUP EUROPE BV
LLC · SUPPORT SERVICES · NL · share of income $0 · share of assets $0
Directly controlled by SAE Global LLC
-
OCTONX
LLC · SUPPORT SERVICES · NL · share of income $0 · share of assets $0
Directly controlled by SAE ITC
-
PRI CAPE (BEIJING) CERTIFICATION
C-CORP · SUPPORT SERVICES · CH · 100% owned · share of income $1,918,549 · share of assets $2,918,448 · controlled entity
Directly controlled by PRI
-
SMI GROUP LIMITED
C-CORP · SUPPORT SERVICES · UK · share of income $0 · share of assets $0
Directly controlled by SMI GRP Holding
-
SMI GROUP HOLDINGS
C-CORP · SUPPORT SERVICES · UK · share of income $0 · share of assets $0
Directly controlled by SAE INT'L
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202343109349303234
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