Civic Intelligence

Vinegar Institute C/O the Kellen Company

990 • Fiscal year 2018 • EIN 23-7083944

Oct 01, 2017 to Sep 30, 2018 • Filed on Jul 12, 2019

3200 Windy Hill Rd SE No 600WAtlanta, GA 30339

(404) 252-3663

Siviq Scores

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

Liabilities / Assets

75th percentile

0.12x

Higher debt load relative to assets than 75% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

77th percentile

0.09x

Higher debt load relative to revenue than 77% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Net Margin

58th percentile

5.8%

Higher net margin than 58% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Asset Growth

62nd percentile

8.4%

Faster asset growth than 62% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

25th percentile

-12%

Faster revenue growth than 25% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$203,294

Up $42,115 (+26%) from 2016

Net Assets

Up

$179,872

Up $42,600 (+31%) from 2016

Liabilities

Down

$23,422

Down $485 (-2.0%) from 2016

Revenue

Down

$271,792

Down $28,963 (-9.6%) from 2016

Expenses

Down

$256,073

Down $13,528 (-5.0%) from 2016

Net Income

Down

$15,719

Down $15,435 (-50%) from 2016

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 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

2018

Assets$203,294
Liabilities$23,422
Net Assets$179,872

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 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

2018

Revenue$271,792
Expenses$256,073
Net Income$15,719
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Jul 12, 2019
Return Version
2017v2.3
Gross Receipts
$271,792
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$158,872$159,810▲ $938
Cash and Non-Interest-Bearing Accounts$23,063$40,664▲ $17,601
Accounts Receivable$4,562$1,639▼ $2,923
Prepaid Expenses and Deferred Charges$1,125$1,181▲ $56
Total Assets$187,622$203,294▲ $15,672
Liabilities
Accounts Payable and Accrued Expenses$23,469$22,722▼ $747
Deferred Revenue$0$700▲ $700
Total Liabilities$23,469$23,422▼ $47
Net Assets / Fund Balance
Unrestricted Net Assets$164,153$179,872▲ $15,719
Total Net Assets Fund Balance$164,153$179,872▲ $15,719
Total Liabilities and Net Assets / Fund Balance$187,622$203,294▲ $15,672
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tom MinarikChairman
Matthew MooreVice-chairman
Carl HoffmanAssociate Director
Denis BellAssociate Director
Matt KrusemarkAssociate Director
Alexis GallardoDirector
Anton Enenkel JrDirector
Cesare MarzzettiDirector
Charlie SantichDirector
Coen VerhorstDirector
Helena DaneDirector
Jose PortaDirector
Marcelo CereserDirector
Scott SingerDirector
Vinnie CarlesimoDirector
Walter NicolauDirector
Sabrina FederzoniSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
The Kellen CompanyManagement1100 JOHNSON FERRY RD SUITE 300, Atlanta, GA 30342$164,917
Revenue and Support

Revenue Composition

Contributions and Grants
$171,000
Program Service Revenue
$92,776
Investment Income
$944
Other Revenue
$7,072
Change in Net Assets
$15,719
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$256,073
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---$85,913
Conferences and Meetings---$26,614
All Other Expenses---$17,939
Information Technology---$6,411
Other Expenses---$5,484
Fees for Services Legal---$5,163
Fees for Services Accounting---$3,578
Insurance---$3,241
Travel---$2,021
Total Functional Expenses$0$0$0$256,073
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
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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 11B

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

Filer Name
Vinegar Institute
EIN
23-7083944
Phone
4042523663
Address
3200 WINDY HILL RD SE NO 600W, ATLANTA, GA 30339

Signing Officer

Name
Jeannie Milewski
Title
Executive Director
Phone
4042523663
Signed
2019-07-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeannie Milewski
Formed
1967
Legal Domicile
Ga
Voting Board Members
17
Independent Board Members
17
Employees
0
Volunteers
0

Preparer

Firm
Williams Benator & Libby Llp
Address
1040 CROWN POINTE PKWY 400, ATLANTA, GA 30338
Preparer
David a Nash 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 not-for-profit organizations, and also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. The years ended september 30, 2015 through 2018 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/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01125
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01181
IRS990/PrincipalOfficerNm0JEANNIE MILEWSKI
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0ANNUAL MEETING
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt092776
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0178350
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0572
IRS990/PYOtherExpensesAmt0281948
IRS990/PYOtherRevenueAmt012407
IRS990/PYProgramServiceRevenueAmt0117500
IRS990/PYRevenuesLessExpensesAmt026881
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0281948
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0308829
IRS990/ReconcilationRevenueExpnssAmt015719
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0158872
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0159810
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/DuesAssessmentsAmt0171000
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
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 NOT-FOR-PROFIT ORGANIZATIONS, AND ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. THE YEARS ENDED SEPTEMBER 30, 2015 THROUGH 2018 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 11B
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/SubjectToProxyTaxInd01
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsEOYAmt0203294
IRS990/TotalAssetsGrp/BOYAmt0187622
IRS990/TotalAssetsGrp/EOYAmt0203294
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0171000
IRS990/TotalEmployeeCnt00
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IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt023469
IRS990/TotalLiabilitiesEOYAmt023422
IRS990/TotalLiabilitiesGrp/BOYAmt023469
IRS990/TotalLiabilitiesGrp/EOYAmt023422
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0164153
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0179872
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt092776
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0944
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt099848
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0271792
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0187622
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0203294
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt02021
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0164153
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0179872
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03200 WINDY HILL RD SE NO 600W
IRS990/USAddress/CityNm0ATLANTA
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd030339
IRS990/VotingMembersGoverningBodyCnt017
IRS990/VotingMembersIndependentCnt017
IRS990/WebsiteAddressTxt0WWW.VERSATILEVINEGAR.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JEANNIE MILEWSKI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04042523663
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-07-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VINEGAR INSTITUTE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O THE KELLEN COMPANY
ReturnHeader/Filer/BusinessNameControlTxt0VINE
ReturnHeader/Filer/EIN0237083944
ReturnHeader/Filer/PhoneNum04042523663
ReturnHeader/Filer/USAddress/AddressLine1Txt03200 WINDY HILL RD SE NO 600W
ReturnHeader/Filer/USAddress/CityNm0ATLANTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030339
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0E5C0405568809B831A9889EAAF4C51325B231588
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0D250F2A37BAA4CCF4437FB7655B82E8D46146A2C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt038.140.7.50
ReturnHeader/FilingSecurityInformation/IPDt02019-07-12
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm010:38:14
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0581460137
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WILLIAMS BENATOR & LIBBY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01040 CROWN POINTE PKWY 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ATLANTA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030338
ReturnHeader/PreparerPersonGrp/PhoneNum07705120500
ReturnHeader/PreparerPersonGrp/PreparationDt02019-07-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID A NASH CPA
ReturnHeader/ReturnTs02019-07-16T10:47:25-05:00

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