Civic Intelligence

Southeastern Red Angus Association

990EZ • Fiscal year 2023 • EIN 14-1890224

Jan 01, 2023 to Dec 31, 2023 • Filed on May 25, 2024

1092 Davis StreetColumbia, AL 36319

(334) 726-7342

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

99th percentile

83%

Higher net margin than 99% of similar nonprofits.

2023 filings • 501(c)5 • <$500k nonprofits • Source year 2023

Top Officer Pay

46th percentile

$0

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)5 • <$500k nonprofits • Source year 2023

Asset Growth

95th percentile

48%

Faster asset growth than 95% of similar nonprofits.

2023 filings • 501(c)5 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

85th percentile

24%

Faster revenue growth than 85% of similar nonprofits.

2023 filings • 501(c)5 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Flat

$49,711

Flat from 2023

Net Assets

$49,711

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Flat

$19,330

Flat from 2023

Expenses

Flat

$3,191

Flat from 2023

Net Income

Flat

$16,139

Flat from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80K$60K$40K$20K$0Assets 2017: $39,846Liabilities 2017: $02017Assets 2018: $38,510Net Assets 2018: $38,5102018Assets 2019: $36,070Net Assets 2019: $36,0702019Assets 2020: $24,389Net Assets 2020: $24,3892020Assets 2021: $26,921Net Assets 2021: $26,9212021Assets 2022: $33,573Net Assets 2022: $33,5732022Assets 2023: $49,711Net Assets 2023: $49,7112023Assets 2023: $49,711Liabilities 2023: $02023Assets 2024: $66,111Net Assets 2024: $66,1112024

Highlighted filing

2023

Assets$49,711
Liabilities-
Net Assets$49,711

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20K$10K$0-$10K-$20KRevenue 2017: $15,459Expenses 2017: $5,724Net Income 2017: $9,7352017Revenue 2018: $7,667Expenses 2018: $9,003Net Income 2018: -$1,3362018Revenue 2019: $5,901Expenses 2019: $8,342Net Income 2019: -$2,4412019Revenue 2020: -$9,905Expenses 2020: $1,776Net Income 2020: -$11,6812020Revenue 2021: $13,468Expenses 2021: $10,936Net Income 2021: $2,5322021Revenue 2022: $15,600Expenses 2022: $8,948Net Income 2022: $6,6522022Revenue 2023: $19,330Expenses 2023: $3,191Net Income 2023: $16,1392023Revenue 2023: $19,330Expenses 2023: $3,191Net Income 2023: $16,1392023Revenue 2024: $17,874Expenses 2024: $1,474Net Income 2024: $16,4002024

Highlighted filing

2023

Revenue$19,330
Expenses$3,191
Net Income$16,139
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 25, 2024
Return Version
2023v5.0
Gross Receipts
$22,030
Mission and Program Overview

Mission

The southeastern red angus association, inc. Was organized to provide its members and their customers with innovative programs and services to continue advancing the quality, reliability and value of the red angus breed of beef cattle used in the commercial beef industry. The organization is to foster and develop the breeding and marketing of red angus beef cattle through the participation in research programs, providing educational programs to its members on breeding, marketing, herd management, to maintain pedigree and breeding performance information, to promote the red angus breed of beef cattle to both producers and consumers, and to provide youth programs to educate, foster and assist youth through involvement with red angus cattle in the junior red angus program.

Program Services

DescriptionGrantsExpenses
ANNUAL CONFERENCE AND EDUCATIONAL PROGRAMS-$2,182
MAINTENANCE OF BREEDER AND PEDIGREE REGISTRY--
MARKETING PROGRAMS - ANNUAL RED ANGUS MARKETING SALE--
YOUTH PROGRAMS - THE FUNDING OF THE JUNIOR RED ANGUS PROGRAM--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JEFFERY V PETTITPresident-$0--
WILL TOM BELL IIVice Preside-$0--
JESSICA YANCESecretary/Tr-$0--
DAVID EVANSDirector-$0--
ANDY CAMPDirector-$0--
JOSH PIERCEDirector-$0--
JOHNNIE L CUNDIFFDirector-$0--
CINDY CANTRELLDirector-$0--
BRIAN LANCEDirector-$0--
Filing and Contact Details

Filer

Filer Name
Southeastern Red Angus Association
EIN
14-1890224
Phone
3347267342
Address
1092 DAVIS STREET, COLUMBIA, AL 36319

Signing Officer

Name
Jeffery V Pettit
Title
President
Phone
3347267342
Signed
2024-05-25
Discuss with paid preparer
Yes

Preparer

Firm
Mitchell & Associates Pllc
Address
PO BOX 255, HENDERSON, KY 42419-0255
Preparer
Robert E Mitchell CPA Cva
Phone
2708275828
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Annual meeting income conferences/meetings 1,182 expenses prizes and awards 1,000 website fees 359 licenses 15 total 2,556

Form 990-ez, Part III

The southeastern red angus association, inc. Was organized to provide its members and their customers with innovative programs and services to continue advancing the quality, reliability and value of the red angus breed of beef cattle used in the commercial beef industry. The organization is to foster and develop the breeding and marketing of red angus beef cattle through the participation in research programs, providing educational programs to its members on breeding, marketing, herd management, to maintain pedigree and breeding performance information, to promote the red angus breed of beef cattle to both producers and consumers, and to provide youth programs to educate, foster and assist youth through involvement with red angus cattle in the junior red angus program.

Form 990-ez, Part III, Line 31

Youth programs - the funding of the junior red angus program

Raw XML Appendix132 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DAVID EVANS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ANDY CAMP
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY/TR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
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IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/PrimaryExemptPurposeTxt0THE SOUTHEASTERN RED ANGUS ASSOCIATION, INC. WAS ORGANIZED TO PROVIDE ITS MEMBERS AND THEIR CUSTOMERS WITH INNOVATIVE PROGRAMS AND SERVICES TO CONTINUE ADVANCING THE QUALITY, RELIABILITY AND VALUE OF THE RED ANGUS BREED OF BEEF CATTLE USED IN THE COMMERCIAL BEEF INDUSTRY. THE ORGANIZATION IS TO FOSTER AND DEVELOP THE BREEDING AND MARKETING OF RED ANGUS BEEF CATTLE THROUGH THE PARTICIPATION IN RESEARCH PROGRAMS, PROVIDING EDUCATIONAL PROGRAMS TO ITS MEMBERS ON BREEDING, MARKETING, HERD MANAGEMENT, TO MAINTAIN PEDIGREE AND BREEDING PERFORMANCE INFORMATION, TO PROMOTE THE RED ANGUS BREED OF BEEF CATTLE TO BOTH PRODUCERS AND CONSUMERS, AND TO PROVIDE YOUTH PROGRAMS TO EDUCATE, FOSTER AND ASSIST YOUTH THROUGH INVOLVEMENT WITH RED ANGUS CATTLE IN THE JUNIOR RED ANGUS PROGRAM.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2MARKETING PROGRAMS - ANNUAL RED ANGUS MARKETING SALE
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3YOUTH PROGRAMS - THE FUNDING OF THE JUNIOR RED ANGUS PROGRAM
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ANNUAL MEETING INCOME CONFERENCES/MEETINGS 1,182 EXPENSES PRIZES AND AWARDS 1,000 WEBSITE FEES 359 LICENSES 15 TOTAL 2,556
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SOUTHEASTERN RED ANGUS ASSOCIATION, INC. WAS ORGANIZED TO PROVIDE ITS MEMBERS AND THEIR CUSTOMERS WITH INNOVATIVE PROGRAMS AND SERVICES TO CONTINUE ADVANCING THE QUALITY, RELIABILITY AND VALUE OF THE RED ANGUS BREED OF BEEF CATTLE USED IN THE COMMERCIAL BEEF INDUSTRY. THE ORGANIZATION IS TO FOSTER AND DEVELOP THE BREEDING AND MARKETING OF RED ANGUS BEEF CATTLE THROUGH THE PARTICIPATION IN RESEARCH PROGRAMS, PROVIDING EDUCATIONAL PROGRAMS TO ITS MEMBERS ON BREEDING, MARKETING, HERD MANAGEMENT, TO MAINTAIN PEDIGREE AND BREEDING PERFORMANCE INFORMATION, TO PROMOTE THE RED ANGUS BREED OF BEEF CATTLE TO BOTH PRODUCERS AND CONSUMERS, AND TO PROVIDE YOUTH PROGRAMS TO EDUCATE, FOSTER AND ASSIST YOUTH THROUGH INVOLVEMENT WITH RED ANGUS CATTLE IN THE JUNIOR RED ANGUS PROGRAM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2YOUTH PROGRAMS - THE FUNDING OF THE JUNIOR RED ANGUS PROGRAM
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0JEFFERY V PETTIT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03347267342
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-25
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ReturnHeader/Filer/PhoneNum03347267342
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0611364409
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 255
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HENDERSON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0424190255
ReturnHeader/PreparerPersonGrp/PhoneNum02708275828
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT E MITCHELL CPA CVA
ReturnHeader/ReturnTs02024-06-27T16:54:37-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JEFFERY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0PETTIT
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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Filings