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Pinnacle Society EIN 04-3331908

Pinnacle Society FY2020 filing

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Recognizes and celebrates outstanding achievements in the recruiting profession. For fiscal year 2020 it reported $92K in revenue, — in expenses, and $267K in net assets.Pt I

Type
Business league / trade association · Community Development
Location
Huffman, TX
Website
www.pinnaclesociety.org
Filings
6 on file (2020–2020)
Revenue
$92KFY2020
Expenses
—
Net assets
$267K
People
9
Filings
6
Updates
0
More identity details & actions ⌄
EIN  04-3331908 Business league / trade association Huffman, TX
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Recognizes and celebrates outstanding achievements in the recruiting profession.
Leadership
Michelle Parchman · Treasurer
Money in and out
$92K revenue
Bottom line
+66% operating surplus
Membership & operating revenue · FY2020
Total revenue
$92K
Pt VIII · Ln 12
Total expenses
—
Pt IX · Ln 25
Net assets
$267K
Pt X · Ln 32
Operating surplus
+66%
revenue over expenses
Earned revenue
7%
of revenue from program services & dues

Summary of the Filing

Part I · fiscal year 2020 · Form 990-EZ
Revenue
$92K
FY2020
Expenses
—
FY2020
Total assets
—
FY2020
Total liabilities
$64K
FY2020
Total revenue
$92K
Pt VIII · Ln 12
Total expenses
—
Pt IX · Ln 25
Net assets
$267K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19—
Total assetsPt X · Ln 16—
Program-expense ratioPt IX · col B—
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPinnacle Society
EINHdr · item D04-3331908
Principal addressHdr · item CHuffman, TX
WebsiteHdr · item Jwww.pinnaclesociety.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFCommunity Development (S41)
Ruling yearIRS BMFOct 2002

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Gail Audibert
Technology
$0Pt VII · Sec A
Sharon Hulce
Branding
$0Pt VII · Sec A
$0Pt VII · Sec A
Rob Bowerman
President
$0Pt VII · Sec A
Boris Epstein
Educationvp
$0Pt VII · Sec A
$0Pt VII · Sec A
Jeff Gies
Communication
$0Pt VII · Sec A
See Pinnacle Society executive salaries →

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Statement of Revenue

Part VIII
Other revenue100%$92K
Total revenueLn 12$92K

Balance Sheet

Part X · end of year
CashLn 1—
Total assetsLn 16—
Total liabilitiesLn 26$64K
Total net assetsLn 32$267K

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $270K · Operating expenses/yr $31K
103.4 months
Where the money goes
Program services
not reported
Management & General
not reported
Fundraising
not reported
Cost to raise $1
not reported
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $92K
—
Government reliance
not reported
Earned-income share
Program service revenue $7K · Total revenue $92K
7%
Investment reliance
Investment income $8 · Total revenue $92K
<0.01%
Program self-sufficiency
Program service revenue $7K · Total expenses $31K
22%
Growth & trend
Revenue growth (YoY)
This year $92K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $267K · Beginning of year $206K
+29%
Balance sheet
Surplus Margin
Revenue $92K · Expenses $31K
+66%
Liabilities-to-Assets
Total liabilities $64K · Total assets $331K
19%
Net-asset ratio
Net assets $267K · Total assets $331K
81%
People & payroll
Highest Reported Total Compensation
Individual Michelle Parchman · Reported title Treasurer · Highest reported compensation $0 · Total expenses $31K
0%
Personnel share
Salaries & benefits — · Total expenses $31K
Form 990-EZ bundles compensation — not comparable to full-990 filers

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown. Peer cohort: .

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$229K revenue · ⤓ 990 PDF
FY2024$230K revenue · ⤓ 990 PDF
FY2023$175K revenue · ⤓ 990 PDF
FY2022$216K revenue · ⤓ 990 PDF
FY2021$123K revenue · ⤓ 990 PDF
FY2020$92K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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