Performance Review Institute Inc
Nonprofit profile at a glance
- EIN
- 251633904
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Warrendale, PA, USA
- Phone
- 7247721616
- Rating confidence
- Limited
Reported finances
- Revenue
- $70,315,397
- Expenses
- $68,776,800
- Assets
- $81,202,544
- Liabilities
- $27,302,238
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- DAVID L SCHUTT PHD (PRESIDENT (THRU 05/2024))
- GREGORY L BRADLEY ESQ (INTERIM PRESIDENT (AS OF 05/2024))
Highest reported compensation
- DAVID L SCHUTT PHD (PRESIDENT (THRU 05/2024)): $968,728 total reported compensation
- RICHARD E WILKIE (CHIEF INFORMATION OFFICER): $650,336 total reported compensation
- GREGORY L BRADLEY ESQ (INTERIM PRESIDENT (AS OF 05/2024)): $601,799 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of the corporation is to engage in activities permitted for corporations described in section 501(c)(6) of the internal revenue code of 1986 (the "code") particularly to foster, advance and promote the interests of the automotive industries: land, sea, air and space; to compile and review performance standards; to promote and administer quality assurance, accreditation and certification programs for the benefit of the general public, industry and government; to contribute funds, property and service to nonprofit organizations that develop and publish standards for maintaining and improving quality and performance within the automotive industry; and to engage in any other lawful trade association purpose conducted on a nonprofit basis.
What it reported doing in 2024
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.
Operating model
- Revenue model
- Other-operating. 99% of the money available for current operations came from other operating revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 43
- Accountability: 84
- Sustainability: 45
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: Scored; rating input score 0
- Major donor itemization: Limited
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 88.9%; rating input score 89; 36th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 2.2%; rating input score 43; 43rd percentile among comparable filings
- Total-asset coverage ratio: 1.18; rating input score 45; 45th percentile among comparable filings
- Liabilities to assets ratio: 0.34; rating input score 52; 52nd percentile among comparable filings
- Officer compensation ratio: 2.6%; rating input score 45; 45th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 5.9% per year; rating input score 100; 52nd percentile among comparable filings
- Asset growth: 10.7% per year; rating input score 100; 73rd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 8 of 9 board members independent · 7 of 9 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $969K · 19 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $1.5M reported
- Consistency: 12 of 12 current checks pass
- Schedules: 5 filed schedules · includes foreign activity, executive pay, and related organizations
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: 6 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- Moderate — Sustainability: Operating margin scored 43/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
- Moderate — Sustainability: Officer compensation ratio scored 45/100.
- Review — Sustainability: Liabilities to assets ratio scored 52/100.