PATENT INFORMATION USERS GROUP INC

EIN: 383449639 Community Improvement

NEWARK, DE

Total Revenue
$217,405
Total Expenses
$412,554
Total Assets
$284,182
Net Assets
$279,394
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
DE
Principal Officer
SCOTT HERTZOG
Phone
3022526045
Tax Period
2024-01-01 to 2024-12-31

PATENT INFORMATION USERS GROUP INC, founded in 1988, is a small nonprofit in the Community Improvement sector that reported $217K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $413K exceeded revenue, resulting in a 90% operating deficit.

Mission

THE PATENT INFORMATION USERS GROUP INC. (PIUG)IS A NOT-FOR-PROFIT ORGANIZATION FOR INDIVIDUALS HAVING A PROFESSIONAL, SCIENTIFIC, OR TECHINICAL INTEREST IN PATENT INFORMATION. THE MISSION OF PIUG IS THEREFORE TO ENCOURAGE THE DEVELOPMENT OF PATENT INFORMATION RESEARCH AND ANALYSIS SYSTEMS, TO FURTHER DEVELOP MEMBERS' PATENT RESEARCH AND ANALYSIS SKILLS, AND TO PROVIDE APPROPRIATE RECOGNITION FOR ITS MEMBERS EXCELLING IN THE FIELD. THROUGH THIS INTERNATIONAL FORUM AND DISCUSSION, WE PROMOTE AND IMPROVE THE RETRIEVAL, ANALYSIS, AND DISSEMINATION OF PATENT INFORMATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $197,249
Investment Income $20,156
Other Revenue $0
TOTAL REVENUE $217,405

Expense Breakdown

Grants Paid $0
Salaries & Benefits $52,585
Fundraising Expenses $0
Program Expenses $355,492
Other Expenses $359,969
TOTAL EXPENSES $412,554

Year-over-Year Comparison

2024 2023 Change
Revenue $217,405 $180,014 +0.2%
Expenses $412,554 $329,490 +0.3%
Net Income $-195,149 $-149,476 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
1
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RONALD KAMINECKI VICE CHAIR 10.00
Director
$0 $0 $0
BARBARA MILLER DIRECTOR-AT- 1.00
Director
$0 $0 $0
KARTAR SINGH ARORA IMMEDIATE PA 2.50
Officer
$0 $0 $0
SCOTT HERTZOG CHAIR 10.00
Officer
$0 $0 $0
JOHN ZABILSKI DIRECTOR-AT- 7.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $217,405 $412,554 $284,182 $-195,149
2023 $180,014 $329,490 $485,648 $-149,476
2022 $98,456 $194,449 $587,232 $-95,993
2021 $259,573 $140,404 $693,872 $119,169
2020 $165,362 $178,517 $599,152 $-13,155
2019 $350,726 $424,167 $602,552 $-73,441
2018 $414,960 $408,397 $646,052 $6,563
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