Civic Intelligence

Grain Foods Foundation

990 • Fiscal year 2019 • EIN 20-1329442

Sep 01, 2018 to Aug 31, 2019 • Filed on Jun 23, 2020

601 Pennsylvania Avenue NW No 230Washington, DC 20004

(202) 289-6119

Siviq Scores

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

Liabilities / Assets

9th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

10th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Net Margin

9th percentile

-12%

Higher net margin than 9% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

95th percentile

$394,333

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 14.6% of source-year revenue.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Asset Growth

12th percentile

-9.2%

Faster asset growth than 12% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

27th percentile

-2.6%

Faster revenue growth than 27% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$3,184,878

Down $321,254 (-9.2%) from 2018

Net Assets

Down

$3,184,878

Down $321,254 (-9.2%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$2,700,439

Down $72,882 (-2.6%) from 2018

Expenses

Up

$3,021,693

Up $4,091 (+0.1%) from 2018

Net Income

Down

-$321,254

Down $76,973 (-32%) from 2018

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $2,923,504Liabilities 2010: $0Net Assets 2010: $2,923,5042010Assets 2011: $2,727,953Liabilities 2011: $0Net Assets 2011: $2,727,9532011Assets 2012: $3,217,481Liabilities 2012: $0Net Assets 2012: $3,217,4812012Assets 2013: $2,604,175Liabilities 2013: $0Net Assets 2013: $2,604,1752013Assets 2014: $2,662,759Liabilities 2014: $0Net Assets 2014: $2,662,7592014Assets 2015: $3,058,221Liabilities 2015: $0Net Assets 2015: $3,058,2212015Assets 2016: $3,661,268Liabilities 2016: $0Net Assets 2016: $3,661,2682016Assets 2017: $3,750,413Liabilities 2017: $0Net Assets 2017: $3,750,4132017Assets 2018: $3,506,132Liabilities 2018: $0Net Assets 2018: $3,506,1322018Assets 2019: $3,184,878Liabilities 2019: $0Net Assets 2019: $3,184,8782019Assets 2020: $2,683,468Liabilities 2020: $345,756Net Assets 2020: $2,337,7122020Assets 2021: $3,189,991Liabilities 2021: $432,529Net Assets 2021: $2,757,4622021Assets 2022: $3,123,762Liabilities 2022: $16,848Net Assets 2022: $3,106,9142022Assets 2023: $4,162,588Liabilities 2023: $33,705Net Assets 2023: $4,128,8832023Assets 2024: $4,533,070Liabilities 2024: $1,026,133Net Assets 2024: $3,506,9372024

Highlighted filing

2019

Assets$3,184,878
Liabilities$0
Net Assets$3,184,878

Operations Trend

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

$4.0M$2.0M$0-$2.0MExpenses 2010: $3,272,0432010Expenses 2011: $3,268,0322011Expenses 2012: $2,531,9842012Expenses 2013: $2,831,0492013Revenue 2014: $2,738,651Expenses 2014: $2,684,694Net Income 2014: $53,9572014Revenue 2015: $2,747,134Expenses 2015: $2,351,672Net Income 2015: $395,4622015Revenue 2016: $2,817,431Expenses 2016: $2,214,384Net Income 2016: $603,0472016Revenue 2017: $2,848,623Expenses 2017: $2,759,478Net Income 2017: $89,1452017Revenue 2018: $2,773,321Expenses 2018: $3,017,602Net Income 2018: -$244,2812018Revenue 2019: $2,700,439Expenses 2019: $3,021,693Net Income 2019: -$321,2542019Revenue 2020: $2,137,042Expenses 2020: $3,002,444Net Income 2020: -$865,4022020Revenue 2021: $2,679,368Expenses 2021: $2,126,078Net Income 2021: $553,2902021Revenue 2022: $2,083,009Expenses 2022: $1,397,244Net Income 2022: $685,7652022Revenue 2023: $2,195,235Expenses 2023: $1,227,970Net Income 2023: $967,2652023Revenue 2024: $2,326,402Expenses 2024: $3,184,805Net Income 2024: -$858,4032024

Highlighted filing

2019

Revenue$2,700,439
Expenses$3,021,693
Net Income-$321,254
Jump To
Filing Snapshot
Filing Period
Sep 1, 2018 to Aug 31, 2019
Signed
Jun 23, 2020
Return Version
2018v3.2
Gross Receipts
$2,700,439
Mission and Program Overview

Mission

Members of the milling and baking industries dedicated to advancingthe public's understanding of the beneficial role grain-based foodsplay in the human diet.

Members of the milling and baking industries dedicated to advancing the public's understanding of the beneficial role grain-based foods play in the human diet.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$3,506,132$3,184,878▼ $321,254
Savings and Temporary Cash Investments$2,455,952$2,292,169▼ $163,783
Cash and Non-Interest-Bearing Accounts$1,029,280$877,760▼ $151,520
Land, Buildings, and Equipment, Net$20,900$14,949▼ $5,951
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$3,506,132$3,184,878▼ $321,254
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,506,132$3,184,878▼ $321,254
Total Liabilities and Net Assets / Fund Balance$3,506,132$3,184,878▼ $321,254

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$14,949$31,702-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christine CochranPresidentFT$363,333$31,000$394,333

Board Members and Trustees

NameTitle
Debo MukherjeeCo-chair
Pete FrederickCo-chair
Andre BianeTrustee
Brian DwyerTrustee
Dan DyeTrustee
Jim MeyerTrustee
Rod GeigerTrustee
Tony MartinTrustee
Vince MelchiorreTrustee
G Michael GudeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,589,376
Program Service Revenue
$0
Investment Income
$111,063
Other Revenue
$0
All Other Contributions
$2,589,376
Change in Net Assets
$-321,254
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,291,199
Salaries, Compensation, and Employee Benefits$730,494
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising---$840,604
Current Officers, Directors, Trustees, and Key Employees---$370,000
Other Salaries and Wages---$298,850
Fees for Services Legal---$250,526
Conferences and Meetings---$108,991
Fees for Services Management---$88,127
Travel---$87,140
Fees for Services Other---$47,769
Insurance---$33,826
Occupancy---$33,108
Other Employee Benefits---$31,000
Payroll Taxes---$30,644
Office Expenses---$13,444
Fees for Services Accounting---$8,500
Depreciation Depletion---$5,951
Other Expenses---$4,002
All Other Expenses---$452
Total Functional Expenses$0$0$0$3,021,693
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Members of the american bakers association, the north american millers' association, their allied organizations, other organizations, corporations and interested individuals, 18 years of age or older, are eligible for membership to the corporation upon payment of a voluntary contribution.

Form 990, Part VI, Section A, Line 7A

The business and affairs of the corporation shall be managed by a board. Members of the board need not be residents of the district of columbia. The initial number of members of the corporation shall be thirteen. The number of members may be increased or decreased from time to time by an amendment to the bylaws; provided, however that the number of members of the corporation shall never be less than eight. In case of a vacancy for any reason, or upon an increase in the number of members, the continuing members may fill such vacancy or additional members by a majority vote of all such continuing members.

Form 990, Part VI, Section B, Line 11B

A copy of the return is provided to the organization before it is filed with the internal revenue service. The president and treasurer will review it before it is filed.

Form 990, Part VI, Section C, Line 19

The organization does not make their governing documents, conflict of interest policy, and financial statements available to the public. They are only available to the members upon request.

Filing and Contact Details

Filer

Filer Name
Grain Foods Foundation
EIN
20-1329442
Phone
2022896119
Address
601 PENNSYLVANIA AVENUE NW NO 230, WASHINGTON, DC 20004

Signing Officer

Name
Christine Cochran
Title
President
Phone
2022896119
Signed
2020-06-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christine Cochran
Formed
2004
Legal Domicile
Co
Voting Board Members
8
Independent Board Members
8
Employees
3
Volunteers
0

Preparer

Firm
Allen Gibbs & Houlik Lc
Address
301 N MAIN SUITE 1700, WICHITA, KS 67202-4868
Preparer
Ellen K Decker
Phone
3162677231
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

CONTRACT LABOR 452.

Raw XML Appendix372 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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IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt046651
IRS990ScheduleD/TotalBookValueLandBuildingsAmt014949
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0363333
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt031000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CHRISTINE COCHRAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0394333
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS OF THE AMERICAN BAKERS ASSOCIATION, THE NORTH AMERICAN MILLERS' ASSOCIATION, THEIR ALLIED ORGANIZATIONS, OTHER ORGANIZATIONS, CORPORATIONS AND INTERESTED INDIVIDUALS, 18 YEARS OF AGE OR OLDER, ARE ELIGIBLE FOR MEMBERSHIP TO THE CORPORATION UPON PAYMENT OF A VOLUNTARY CONTRIBUTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BUSINESS AND AFFAIRS OF THE CORPORATION SHALL BE MANAGED BY A BOARD. MEMBERS OF THE BOARD NEED NOT BE RESIDENTS OF THE DISTRICT OF COLUMBIA. THE INITIAL NUMBER OF MEMBERS OF THE CORPORATION SHALL BE THIRTEEN. THE NUMBER OF MEMBERS MAY BE INCREASED OR DECREASED FROM TIME TO TIME BY AN AMENDMENT TO THE BYLAWS; PROVIDED, HOWEVER THAT THE NUMBER OF MEMBERS OF THE CORPORATION SHALL NEVER BE LESS THAN EIGHT. IN CASE OF A VACANCY FOR ANY REASON, OR UPON AN INCREASE IN THE NUMBER OF MEMBERS, THE CONTINUING MEMBERS MAY FILL SUCH VACANCY OR ADDITIONAL MEMBERS BY A MAJORITY VOTE OF ALL SUCH CONTINUING MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE RETURN IS PROVIDED TO THE ORGANIZATION BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. THE PRESIDENT AND TREASURER WILL REVIEW IT BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION DOES NOT MAKE THEIR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. THEY ARE ONLY AVAILABLE TO THE MEMBERS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONTRACT LABOR 452.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03506132
IRS990/TotalAssetsEOYAmt03184878
IRS990/TotalAssetsGrp/BOYAmt03506132
IRS990/TotalAssetsGrp/EOYAmt03184878
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt02589376
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/TotalAmt03021693
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03506132
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03184878
IRS990/TotalOtherCompensationAmt031000
IRS990/TotalProgramServiceExpensesAmt03021693
IRS990/TotalReportableCompFromOrgAmt0363333
IRS990/TotalRevenueGrp/ExclusionAmt0111063
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02700439
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03506132
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03184878
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt087140
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0601 PENNSYLVANIA AVENUE NW NO 230
IRS990/USAddress/CityNm0WASHINGTON
IRS990/USAddress/StateAbbreviationCd0DC
IRS990/USAddress/ZIPCd020004
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.GRAINFOODSFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-11-19 02:30:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRISTINE COCHRAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02022896119
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-06-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRAIN FOODS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0GRAI
ReturnHeader/Filer/EIN0201329442
ReturnHeader/Filer/PhoneNum02022896119
ReturnHeader/Filer/USAddress/AddressLine1Txt0601 PENNSYLVANIA AVENUE NW NO 230
ReturnHeader/Filer/USAddress/CityNm0WASHINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd020004
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0CC522E61812354B8580F77024918CD4762168BF9
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId08077F98C4D1E24DE07FDF7F80461D81F1D2A1766
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt070.167.48.183
ReturnHeader/FilingSecurityInformation/IPDt02020-06-23
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm012:45:08
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0481032601
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ALLEN GIBBS & HOULIK LC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0301 N MAIN SUITE 1700
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WICHITA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0672024868
ReturnHeader/PreparerPersonGrp/PhoneNum03162677231
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ELLEN K DECKER
ReturnHeader/ReturnTs02020-07-15T13:42:42-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-09-01
ReturnHeader/TaxPeriodEndDt02019-08-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.53$1.03$3.51$2.33$3.18$0.86
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.16$0.03$4.13$2.20$1.23$0.97
2022Detailed filing. Detailed filing data is available for this year.$3.12$0.02$3.11$2.08$1.40$0.69
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.19$0.43$2.76$2.68$2.13$0.55
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.68$0.35$2.34$2.14$3.00$0.87
2019Detailed filing. Detailed filing data is available for this year.$3.18$0.00$3.18$2.70$3.02$0.32
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.51$0.00$3.51$2.77$3.02$0.24
2017Detailed filing. Detailed filing data is available for this year.$3.75$0.00$3.75$2.85$2.76$0.09
2016Detailed filing. Detailed filing data is available for this year.$3.66$0.00$3.66$2.82$2.21$0.60
2015Detailed filing. Detailed filing data is available for this year.$3.06$0.00$3.06$2.75$2.35$0.40
2014Detailed filing. Detailed filing data is available for this year.$2.66$0.00$2.66$2.74$2.68$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.60$0.00$2.60$2.83
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.22$0.00$3.22$2.53
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.73$0.00$2.73$3.27
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.92$0.00$2.92$3.27