Civic Intelligence

Vinegar Institute C/O the Kellen Company

990 • Fiscal year 2014 • EIN 23-7083944

Oct 01, 2013 to Sep 30, 2014 • Filed on Aug 13, 2015

1100 Johnson Ferry Rd No 30030342

(404) 252-3663

Siviq Scores

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

Liabilities / Assets

80th percentile

0.20x

Higher debt load relative to assets than 80% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

76th percentile

0.08x

Higher debt load relative to revenue than 76% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Net Margin

33rd percentile

-2.9%

Higher net margin than 33% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Top Officer Pay

68th percentile

$0

Higher top officer pay than 68% of similar nonprofits.

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

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Asset Growth

31st percentile

-6.1%

Faster asset growth than 31% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$111,768

Down $7,279 (-6.1%) from 2013

Net Assets

Down

$89,114

Down $7,706 (-8.0%) from 2013

Liabilities

Up

$22,654

Up $427 (+1.9%) from 2013

Revenue

$269,377

No earlier filing loaded for comparison.

Expenses

Down

$277,083

Down $3,183 (-1.1%) from 2013

Net Income

-$7,706

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $104,547Liabilities 2010: $11,516Net Assets 2010: $93,0312010Assets 2011: $111,615Liabilities 2011: $19,525Net Assets 2011: $92,0902011Assets 2012: $100,882Liabilities 2012: $12,583Net Assets 2012: $88,2992012Assets 2013: $119,047Liabilities 2013: $22,227Net Assets 2013: $96,8202013Assets 2014: $111,768Liabilities 2014: $22,654Net Assets 2014: $89,1142014Assets 2016: $161,179Liabilities 2016: $23,907Net Assets 2016: $137,2722016Assets 2018: $203,294Liabilities 2018: $23,422Net Assets 2018: $179,8722018Assets 2019: $208,104Liabilities 2019: $23,026Net Assets 2019: $185,0782019Assets 2021: $255,290Liabilities 2021: $114,843Net Assets 2021: $140,4472021Assets 2022: $191,409Liabilities 2022: $23,699Net Assets 2022: $167,7102022Assets 2024: $203,336Liabilities 2024: $1,406Net Assets 2024: $201,9302024

Highlighted filing

2014

Assets$111,768
Liabilities$22,654
Net Assets$89,114

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2010: $233,8802010Expenses 2011: $258,0482011Expenses 2012: $247,5992012Expenses 2013: $280,2662013Revenue 2014: $269,377Expenses 2014: $277,083Net Income 2014: -$7,7062014Revenue 2016: $300,755Expenses 2016: $269,601Net Income 2016: $31,1542016Revenue 2018: $271,792Expenses 2018: $256,073Net Income 2018: $15,7192018Revenue 2019: $257,365Expenses 2019: $252,159Net Income 2019: $5,2062019Revenue 2021: $172,816Expenses 2021: $174,651Net Income 2021: -$1,8352021Revenue 2022: $239,426Expenses 2022: $212,163Net Income 2022: $27,2632022Revenue 2024: $255,089Expenses 2024: $252,858Net Income 2024: $2,2312024

Highlighted filing

2014

Revenue$269,377
Expenses$277,083
Net Income-$7,706
Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
Aug 13, 2015
Return Version
2013v4.0
Gross Receipts
$269,377
Mission and Program Overview

Mission

To promote the interests of the vinegar industry, to keep its members informed of legislative developments concerning the industry and to act as the voice for the industry in all matters connected to public relations or cooperation with governmental agencies.

To promote the interests of the vinegar industry, to keep its members informed of legislative proposals concerning the industry and to represent its members in all matters involving public relations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$76,955$77,227▲ $272
Cash and Non-Interest-Bearing Accounts$27,842$24,966▼ $2,876
Accounts Receivable$13,125$8,450▼ $4,675
Prepaid Expenses and Deferred Charges$1,125$1,125→ $0
Total Assets$119,047$111,768▼ $7,279
Liabilities
Accounts Payable and Accrued Expenses$20,350$22,654▲ $2,304
Deferred Revenue$1,877$0▼ $1,877
Total Liabilities$22,227$22,654▲ $427
Net Assets / Fund Balance
Unrestricted Net Assets$96,820$89,114▼ $7,706
Total Net Assets Fund Balance$96,820$89,114▼ $7,706
Total Liabilities and Net Assets / Fund Balance$119,047$111,768▼ $7,279
Compensation and Service Providers

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
The Kellen CompanyManagement-$172,275
Revenue and Support

Revenue Composition

Contributions and Grants
$7,100
Program Service Revenue
$258,204
Investment Income
$273
Other Revenue
$3,800
All Other Contributions
$7,100
Change in Net Assets
$-7,706
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$277,083
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
Fees for Services Management---$89,980
Conferences and Meetings---$28,476
All Other Expenses---$9,445
Travel---$5,379
Information Technology---$4,461
Other Expenses---$3,755
Fees for Services Accounting---$3,054
Insurance---$2,918
Fees for Services Legal---$2,878
Total Functional Expenses$0$0$0$277,083
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
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization delegated control over management duties customarily performed by or under the direct supervision of officers, directors, trustees or key employees to the kellen company.

Form 990, Part VI, Section B, Line 11

Tax returns are reviewed by the association president, account executive and financial staff.

Form 990, Part VI, Section B, Line 12C

The organization annually reviews conflict of interest policy and if any potential conflicts might exist, the matters are brought before the board of directors during periodic meetings.

Form 990, Part VI, Section B, Line 15

No officers or employees receive compensation. The compensation of the management company that performs day to day operations is approved by the board, whose members are all independent from the management company.

Form 990, Part VI, Section C, Line 19

These items are made available at the organization offices upon request.

Filing and Contact Details

Filer

EIN
23-7083944
Phone
4042523663

Signing Officer

Name
Pamela a Chumley
Title
President
Phone
4042523663
Signed
2015-08-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Pamela a Chumley
Formed
1967
Legal Domicile
Ga
Voting Board Members
17
Independent Board Members
17
Employees
0
Volunteers
0

Preparer

Preparer
Kevin J Hedrick CPA
Phone
7705120500
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The organization has delegated the responsibility of selecting an independent accountant to its management company.

Financial Statement Notes

PART X, LINE 2:

The institute follows recent accounting guidance on accounting for uncertainty in income tax. It prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of uncertain tax positions taken or expected to be taken in a company's income tax returns, including taxes on unrelated business income earned by non-for-profit organizations, and also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. The fiscal years 2011 to 2014 remain open to examination by the major tax jurisdictions to which the institute is subject. The institute has concluded that there are no uncertain tax positions related to years open to examination that would require recognition in the financial statements.

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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt238800
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt07250
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0410
IRS990/PYOtherExpensesAmt0280266
IRS990/PYOtherRevenueAmt04000
IRS990/PYProgramServiceRevenueAmt0277127
IRS990/PYRevenuesLessExpensesAmt08521
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0280266
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0288787
IRS990/ReconcilationRevenueExpnssAmt0-7706
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt076955
IRS990/SavingsAndTempCashInvstGrp/EOYAmt077227
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INSTITUTE FOLLOWS RECENT ACCOUNTING GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAX. IT PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A COMPANY'S INCOME TAX RETURNS, INCLUDING TAXES ON UNRELATED BUSINESS INCOME EARNED BY NON-FOR-PROFIT ORGANIZATIONS, AND ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. THE FISCAL YEARS 2011 TO 2014 REMAIN OPEN TO EXAMINATION BY THE MAJOR TAX JURISDICTIONS TO WHICH THE INSTITUTE IS SUBJECT. THE INSTITUTE HAS CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS RELATED TO YEARS OPEN TO EXAMINATION THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DELEGATED CONTROL OVER MANAGEMENT DUTIES CUSTOMARILY PERFORMED BY OR UNDER THE DIRECT SUPERVISION OF OFFICERS, DIRECTORS, TRUSTEES OR KEY EMPLOYEES TO THE KELLEN COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TAX RETURNS ARE REVIEWED BY THE ASSOCIATION PRESIDENT, ACCOUNT EXECUTIVE AND FINANCIAL STAFF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION ANNUALLY REVIEWS CONFLICT OF INTEREST POLICY AND IF ANY POTENTIAL CONFLICTS MIGHT EXIST, THE MATTERS ARE BROUGHT BEFORE THE BOARD OF DIRECTORS DURING PERIODIC MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO OFFICERS OR EMPLOYEES RECEIVE COMPENSATION. THE COMPENSATION OF THE MANAGEMENT COMPANY THAT PERFORMS DAY TO DAY OPERATIONS IS APPROVED BY THE BOARD, WHOSE MEMBERS ARE ALL INDEPENDENT FROM THE MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THESE ITEMS ARE MADE AVAILABLE AT THE ORGANIZATION OFFICES UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION HAS DELEGATED THE RESPONSIBILITY OF SELECTING AN INDEPENDENT ACCOUNTANT TO ITS MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0119047
IRS990/TotalAssetsEOYAmt0111768
IRS990/TotalAssetsGrp/BOYAmt0119047
IRS990/TotalAssetsGrp/EOYAmt0111768
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt07100
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0277083
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt022227
IRS990/TotalLiabilitiesEOYAmt022654
IRS990/TotalLiabilitiesGrp/BOYAmt022227
IRS990/TotalLiabilitiesGrp/EOYAmt022654
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt096820
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt089114
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0258204
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0273
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0262004
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0269377
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0119047
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0111768
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt05379
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt096820
IRS990/UnrestrictedNetAssetsGrp/EOYAmt089114
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine101100 JOHNSON FERRY RD NO 300
IRS990/USAddress/City0ATLANTA
IRS990/USAddress/State0GA
IRS990/USAddress/ZIPCode030342
IRS990/VotingMembersGoverningBodyCnt017
IRS990/VotingMembersIndependentCnt017
IRS990/WebsiteAddressTxt0WWW.VERSATILEVINEGAR.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PAMELA A CHUMLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04042523663
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-08-13
ReturnHeader/Filer/BusinessName/BusinessNameLine10VINEGAR INSTITUTE CO THE KELLEN COMPANY
ReturnHeader/Filer/BusinessNameControlTxt0VINE
ReturnHeader/Filer/EIN0237083944
ReturnHeader/Filer/PhoneNum04042523663
ReturnHeader/Filer/USAddress/AddressLine101100 JOHNSON FERRY RD NO 300
ReturnHeader/Filer/USAddress/City0ATLANTA
ReturnHeader/Filer/USAddress/State0GA
ReturnHeader/Filer/USAddress/ZIPCode030342
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0581460137
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10WILLIAMS BENATOR & LIBBY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine101040 CROWN POINTE PKWY 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0ATLANTA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode030338
ReturnHeader/PreparerPersonGrp/PhoneNum07705120500
ReturnHeader/PreparerPersonGrp/PreparationDt02015-08-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KEVIN J HEDRICK CPA
ReturnHeader/ReturnTs02015-08-17T13:49:37-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-10-01
ReturnHeader/TaxPeriodEndDt02014-09-30
ReturnHeader/TaxYr02013

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