Civic Intelligence

Horst Group Employee Benefit Trust

990 • Fiscal year 2015 • EIN 23-2150630

Jan 01, 2015 to Dec 31, 2015 • Filed on Oct 26, 2016

320 Granite Run Dr PO Box 3330Lancaster, PA 17604-3330

(717) 581-9800

Siviq Scores

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

Liabilities / Assets

36th percentile

0.00x

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

2015 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

38th percentile

0.00x

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

2015 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2015

Net Margin

21st percentile

-12%

Higher net margin than 21% of similar nonprofits.

2015 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

99th percentile

$712,287

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 32.1% of source-year revenue.

2015 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2015

Asset Growth

11th percentile

-30%

Faster asset growth than 11% of similar nonprofits.

2015 filings • 501(c)9 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

62nd percentile

7.1%

Faster revenue growth than 62% of similar nonprofits.

2015 filings • 501(c)9 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$618,820

Down $263,154 (-30%) from 2014

Net Assets

Down

$618,820

Down $263,154 (-30%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$2,216,322

Up $146,643 (+7.1%) from 2014

Expenses

Up

$2,479,476

Up $654,170 (+36%) from 2014

Net Income

Down

-$263,154

Down $507,527 (-208%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $359,550Liabilities 2010: $0Net Assets 2010: $359,5502010Assets 2011: $529,985Liabilities 2011: $0Net Assets 2011: $529,9852011Assets 2012: $732,386Liabilities 2012: $0Net Assets 2012: $732,3862012Assets 2013: $637,601Liabilities 2013: $0Net Assets 2013: $637,6012013Assets 2014: $881,974Liabilities 2014: $0Net Assets 2014: $881,9742014Assets 2015: $618,820Liabilities 2015: $0Net Assets 2015: $618,8202015Assets 2016: $572,333Liabilities 2016: $0Net Assets 2016: $572,3332016Assets 2017: $511,227Liabilities 2017: $0Net Assets 2017: $511,2272017Assets 2018: $374,250Liabilities 2018: $0Net Assets 2018: $374,2502018Assets 2019: $177,375Liabilities 2019: $0Net Assets 2019: $177,3752019Assets 2020: $88,605Liabilities 2020: $0Net Assets 2020: $88,6052020Assets 2021: $43,537Liabilities 2021: $0Net Assets 2021: $43,5372021Assets 2022: $107,238Liabilities 2022: $0Net Assets 2022: $107,2382022Assets 2023: $103,783Liabilities 2023: $0Net Assets 2023: $103,7832023Assets 2024: $968,279Liabilities 2024: $0Net Assets 2024: $968,2792024

Highlighted filing

2015

Assets$618,820
Liabilities$0
Net Assets$618,820

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,920,7132010Expenses 2011: $2,531,8692011Expenses 2012: $2,070,8562012Revenue 2013: $2,323,673Expenses 2013: $2,418,458Net Income 2013: -$94,7852013Revenue 2014: $2,069,679Expenses 2014: $1,825,306Net Income 2014: $244,3732014Revenue 2015: $2,216,322Expenses 2015: $2,479,476Net Income 2015: -$263,1542015Revenue 2016: $3,091,523Expenses 2016: $3,138,010Net Income 2016: -$46,4872016Revenue 2017: $2,505,712Expenses 2017: $2,566,818Net Income 2017: -$61,1062017Revenue 2018: $2,707,022Expenses 2018: $2,843,999Net Income 2018: -$136,9772018Revenue 2019: $2,414,525Expenses 2019: $2,611,400Net Income 2019: -$196,8752019Revenue 2020: $2,715,901Expenses 2020: $2,804,671Net Income 2020: -$88,7702020Revenue 2021: $4,112,924Expenses 2021: $4,157,992Net Income 2021: -$45,0682021Revenue 2022: $5,275,347Expenses 2022: $5,211,646Net Income 2022: $63,7012022Revenue 2023: $5,056,853Expenses 2023: $5,060,308Net Income 2023: -$3,4552023Revenue 2024: $4,521,885Expenses 2024: $3,657,389Net Income 2024: $864,4962024

Highlighted filing

2015

Revenue$2,216,322
Expenses$2,479,476
Net Income-$263,154
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Oct 26, 2016
Return Version
2015v2.1
Gross Receipts
$2,216,322
Mission and Program Overview

Mission

Provide certain medical, short-term disability, prescription drug, flexible spending and death benefits covering substantially all full time employees of the horst group inc. Through an employee benefit plan.

To provide employee benefit plan

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$881,974$618,820▼ $263,154
Cap Stk Tr Prin Current Funds$881,974$618,820▼ $263,154
Total Assets$881,974$618,820▼ $263,154
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$881,974$618,820▼ $263,154
Total Liabilities and Net Assets / Fund Balance$881,974$618,820▼ $263,154
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Mary GeistTrusteePT$109,639$109,639

Board Members and Trustees

NameTitle
Michael GiordanoTrustee
Randall L HorstTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,215,249
Investment Income
$1,073
Other Revenue
$0
Change in Net Assets
$-263,154

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,216,322
Total Revenue per Audited Statements
$2,216,322
Total Revenue per Form 990
$2,216,322
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$373,958
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$2,105,518
Other Expenses---$2,563
Total Functional Expenses$0$0$0$2,479,476

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,479,476
Total Expenses per Audited Statements$2,479,476
Total Expenses per Form 990$2,479,476
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Randall L Horsthgid IncOff/shareholderIns Prem/admin FeesNo$225,496
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
No
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, Page 6, Part VI, Line 8A

Primary activity of the governing body is to provide the employer funding when needed by the employee benefit plan. The governing body determines the amount of funding required and deposits the required amount into the bank account of the trust. The only written documentation prepared is the funding instrument issued to the bank.

Form 990, Page 6, Part VI, Line 8B

There are no active committees with authority to act on behalf of the governing body.

Form 990, Page 6, Part VI, Line 11B

The governing body reconciles the financial information from the financial statements prepared for the employee benefit plan to the form 990 and the trust's bank account statements.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents and financial data available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Horst Group Employee Benefit Trust
EIN
23-2150630
Phone
7175819800
Address
320 GRANITE RUN DR PO BOX 3330, LANCASTER, PA 17604-3330

Signing Officer

Name
Randall L Horst
Title
Trustee
Phone
7175819800
Signed
2016-10-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Randall L Horst
Formed
1980
Legal Domicile
Pa
Voting Board Members
3
Independent Board Members
0
Employees
0

Preparer

Firm
Bertz Hess & Co Llp
Address
36 EAST KING ST, LANCASTER, PA 17602
Preparer
Thomas a Wobber CPA
Phone
7173930767
Supplemental Narrative

Additional Explanations

Form 990, Page 12, Part XII, Line 1

No change in accounting method from prior year.

Form 990, Page 12, Part XII, Line 2C

No change in review process from prior year.

Financial Statement Notes

Schedule D, Page 3, Part X

The plan administrator has evaluated the tax positions taken by the plan during open tax years. The tax returns are open for examination for three years from the due date of the returns.

Raw XML Appendix324 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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IRS990/OperateHospitalInd0false
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IRS990/OtherExpensesGrp/Desc2ADMINISTRATIVE FEES
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PLAN ADMINISTRATOR HAS EVALUATED THE TAX POSITIONS TAKEN BY THE PLAN DURING OPEN TAX YEARS. THE TAX RETURNS ARE OPEN FOR EXAMINATION FOR THREE YEARS FROM THE DUE DATE OF THE RETURNS.
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IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0SCHEDULE L, PART IV, (1)(B) H.G.I.D. INC IS A 100% SUBSIDIARY OF THE HORST GROUP INC (PLAN SPONSOR). RANDALL L HORST (PLAN TRUSTEE) IS AN OFFICER AND MAJORITY SHAREHOLDER OF THE HORST GROUP INC. THE TRUST HAS INSURANCE POLICIES WITH H.G.I.D. INC, AN INSURANCE AGENCY.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRIMARY ACTIVITY OF THE GOVERNING BODY IS TO PROVIDE THE EMPLOYER FUNDING WHEN NEEDED BY THE EMPLOYEE BENEFIT PLAN. THE GOVERNING BODY DETERMINES THE AMOUNT OF FUNDING REQUIRED AND DEPOSITS THE REQUIRED AMOUNT INTO THE BANK ACCOUNT OF THE TRUST. THE ONLY WRITTEN DOCUMENTATION PREPARED IS THE FUNDING INSTRUMENT ISSUED TO THE BANK.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE NO ACTIVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING BODY RECONCILES THE FINANCIAL INFORMATION FROM THE FINANCIAL STATEMENTS PREPARED FOR THE EMPLOYEE BENEFIT PLAN TO THE FORM 990 AND THE TRUST'S BANK ACCOUNT STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL DATA AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO CHANGE IN ACCOUNTING METHOD FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO CHANGE IN REVIEW PROCESS FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 8A
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 12, PART XII, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 12, PART XII, LINE 2C
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IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt01669525
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1225496
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0COST OF BENEFITS
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1COST OF INSURANCE & ADMIN
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0THE HORST GROUP INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1HGID INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0S
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1R
IRS990ScheduleR/TransferFromOtherOrgInd0true
IRS990ScheduleR/TransferToOtherOrgInd0true
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SpecialConditionDesc0EXTENSION GRANTED TO NOVEMBER 15 2015
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0881974
IRS990/TotalAssetsEOYAmt0618820
IRS990/TotalAssetsGrp/BOYAmt0881974
IRS990/TotalAssetsGrp/EOYAmt0618820
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt02479476
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0881974
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0618820
IRS990/TotalOtherCompensationAmt060960
IRS990/TotalProgramServiceRevenueAmt02215249
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02216322
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02216322
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0881974
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0618820
IRS990/TotReportableCompRltdOrgAmt01044807
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0320 GRANITE RUN DR PO BOX 3330
IRS990/USAddress/CityNm0LANCASTER
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd0176043330
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RANDALL L HORST
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum07175819800
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-10-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HORST GROUP EMPLOYEE BENEFIT TRUST
ReturnHeader/Filer/BusinessNameControlTxt0HORS
ReturnHeader/Filer/EIN0232150630
ReturnHeader/Filer/PhoneNum07175819800
ReturnHeader/Filer/USAddress/AddressLine1Txt0320 GRANITE RUN DR PO BOX 3330
ReturnHeader/Filer/USAddress/CityNm0LANCASTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd0176043330
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0231709427
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BERTZ HESS & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt036 EAST KING ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LANCASTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd017602
ReturnHeader/PreparerPersonGrp/PhoneNum07173930767
ReturnHeader/PreparerPersonGrp/PreparationDt02016-10-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS A WOBBER CPA
ReturnHeader/ReturnTs02016-11-09T13:52:39-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.00$0.97$4.52$3.66$0.86
2023Summary only. Only limited summary data is available for this year.$0.10$0.00$0.10$5.06$5.06$0.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.00$0.11$5.28$5.21$0.06
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.00$0.04$4.11$4.16$0.05
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.00$0.09$2.72$2.80$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.18$0.00$0.18$2.41$2.61$0.20
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.37$0.00$0.37$2.71$2.84$0.14
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.51$0.00$0.51$2.51$2.57$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.57$0.00$0.57$3.09$3.14$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$2.22$2.48$0.26
2014Summary only. Only limited summary data is available for this year.$0.88$0.00$0.88$2.07$1.83$0.24
2013Detailed filing. Detailed filing data is available for this year.$0.64$0.00$0.64$2.32$2.42$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.00$0.73$2.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.00$0.53$2.53
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.00$0.36$2.92