Civic Intelligence

Flavor and Extract Manufacturers Association of the United States Inc

EIN 23-7104346 • 501(c)6 • Washington, DC

Profile

Flavor and extract manufacturers association of the united states was organized in 1909 for the purpose of cooperation, promotion, and protection of the business interest of its members; to foster and promote goodwill among its members; and to assist in the enactment and enforcement of laws which in their operations shall deal justly with the rights of flavor and extract manufacturers and consumers. The association furthers the business interests of its members through a sound scientific program designed to promote the safe use of flavors. Through effective representation of its members, fema fosters a global environment in which the flavor industry can create, innovate and compete.

1101 17th Street 700Washington, DC 20036

femaflavor.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

44th percentile

0.17x

Higher debt load relative to assets than 44% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

39th percentile

0.20x

Higher debt load relative to revenue than 39% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2025

Net Margin

65th percentile

9.3%

Higher net margin than 65% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

13th percentile

$0

Higher top officer pay than 13% of similar nonprofits.

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

501(c)6 • $5M-$10M nonprofits • Source year 2025

Asset Growth

78th percentile

14%

Faster asset growth than 78% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

36th percentile

2.1%

Faster revenue growth than 36% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Assets

Up

$7,744,826

Up $972,733 (+14%) from 2024

Liabilities

Up

$1,295,254

Up $402,509 (+45%) from 2024

Net Assets

Up

$6,449,572

Up $570,224 (+9.7%) from 2024

Revenue

Up

$6,478,889

Up $136,235 (+2.1%) from 2024

Expenses

Up

$5,876,400

Up $125,655 (+2.2%) from 2024

Net Income

Up

$602,489

Up $10,580 (+1.8%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2012: $3,782,209Liabilities 2012: $498,516Net Assets 2012: $3,283,6932012Assets 2013: $4,037,468Liabilities 2013: $576,710Net Assets 2013: $3,460,7582013Assets 2014: $4,007,431Liabilities 2014: $651,483Net Assets 2014: $3,355,9482014Assets 2015: $3,932,302Liabilities 2015: $808,674Net Assets 2015: $3,123,6282015Assets 2016: $3,530,328Liabilities 2016: $538,508Net Assets 2016: $2,991,8202016Assets 2017: $4,595,470Liabilities 2017: $841,880Net Assets 2017: $3,753,5902017Assets 2018: $4,592,783Liabilities 2018: $925,356Net Assets 2018: $3,667,4272018Assets 2019: $4,789,405Liabilities 2019: $988,556Net Assets 2019: $3,800,8492019Assets 2020: $4,892,554Liabilities 2020: $863,729Net Assets 2020: $4,028,8252020Assets 2021: $5,539,270Liabilities 2021: $736,370Net Assets 2021: $4,802,9002021Assets 2022: $6,655,879Liabilities 2022: $1,477,928Net Assets 2022: $5,177,9512022Assets 2023: $6,453,388Liabilities 2023: $1,264,102Net Assets 2023: $5,189,2862023Assets 2024: $6,772,093Liabilities 2024: $892,745Net Assets 2024: $5,879,3482024Assets 2025: $7,744,826Liabilities 2025: $1,295,254Net Assets 2025: $6,449,5722025

Highlighted filing

2025

Assets$7,744,826
Liabilities$1,295,254
Net Assets$6,449,572

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2012: $4,823,3672012Expenses 2013: $4,948,1702013Revenue 2014: $5,370,662Expenses 2014: $5,513,107Net Income 2014: -$142,4452014Revenue 2015: $5,536,228Expenses 2015: $5,779,819Net Income 2015: -$243,5912015Revenue 2016: $5,688,518Expenses 2016: $5,743,490Net Income 2016: -$54,9722016Revenue 2017: $6,178,111Expenses 2017: $5,509,910Net Income 2017: $668,2012017Revenue 2018: $6,030,984Expenses 2018: $6,098,074Net Income 2018: -$67,0902018Revenue 2019: $6,011,433Expenses 2019: $5,895,433Net Income 2019: $116,0002019Revenue 2020: $6,003,148Expenses 2020: $5,639,922Net Income 2020: $363,2262020Revenue 2021: $5,686,597Expenses 2021: $4,953,160Net Income 2021: $733,4372021Revenue 2022: $5,614,945Expenses 2022: $5,162,265Net Income 2022: $452,6802022Revenue 2023: $5,864,915Expenses 2023: $5,666,927Net Income 2023: $197,9882023Revenue 2024: $6,342,654Expenses 2024: $5,750,745Net Income 2024: $591,9092024Revenue 2025: $6,478,889Expenses 2025: $5,876,400Net Income 2025: $602,4892025

Highlighted filing

2025

Revenue$6,478,889
Expenses$5,876,400
Net Income$602,489

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.74$1.30$6.45$6.48$5.88$0.60
2024Detailed filing. Detailed filing data is available for this year.$6.77$0.89$5.88$6.34$5.75$0.59
2023Detailed filing. Detailed filing data is available for this year.$6.45$1.26$5.19$5.86$5.67$0.20
2022Detailed filing. Detailed filing data is available for this year.$6.66$1.48$5.18$5.61$5.16$0.45
2021Detailed filing. Detailed filing data is available for this year.$5.54$0.74$4.80$5.69$4.95$0.73
2020Detailed filing. Detailed filing data is available for this year.$4.89$0.86$4.03$6.00$5.64$0.36
2019Detailed filing. Detailed filing data is available for this year.$4.79$0.99$3.80$6.01$5.90$0.12
2018Detailed filing. Detailed filing data is available for this year.$4.59$0.93$3.67$6.03$6.10$0.07
2017Detailed filing. Detailed filing data is available for this year.$4.60$0.84$3.75$6.18$5.51$0.67
2016Detailed filing. Detailed filing data is available for this year.$3.53$0.54$2.99$5.69$5.74$0.05
2015Detailed filing. Detailed filing data is available for this year.$3.93$0.81$3.12$5.54$5.78$0.24
2014Detailed filing. Detailed filing data is available for this year.$4.01$0.65$3.36$5.37$5.51$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.04$0.58$3.46$4.95
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.78$0.50$3.28$4.82
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
Dec 9, 2025
Return Version
2024v5.2
Gross Receipts
$6,478,889
Mission and Program Overview

Mission

Flavor and extract manufacturers association of the united states (FEMA) was organized in 1909 for the purpose of cooperation, promotion, and protection of the business interests of its members, to foster and promote goodwill among its members, and to assist in the enactment and enforcement of laws which in their operations shall deal justly with the rights of flavor and extract manufacturers and consumers. The association furthers the business interests of its members through a sound scientific program designed to promote the safe use of flavors through effective representation of its members; FEMA fosters a global environment in which the flavor industry can create, innovate and compete.

Cooperation, promotion, and protection of the business interests of its members, fostering goodwill among its members and assistance in enactment and enforcement of laws which shall deal justly with the rights of flavoring extract manufacturers and consumers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,442,867$4,437,588▲ $994,721
Investments in Publicly Traded Securities$2,744,025$2,890,318▲ $146,293
Pledges and Grants Receivable-$168,750-
Prepaid Expenses and Deferred Charges$84,168$147,020▲ $62,852
Accounts Receivable$481,016$91,150▼ $389,866
Cash and Non-Interest-Bearing Accounts$20,017$10,000▼ $10,017
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$6,772,093$7,744,826▲ $972,733
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$733,634$1,163,876▲ $430,242
Deferred Revenue$159,111$131,378▼ $27,733
Total Liabilities$892,745$1,295,254▲ $402,509
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,778,079$6,348,303▲ $570,224
Net Assets With Donor Restrictions$101,269$101,269→ $0
Total Net Assets Fund Balance$5,879,348$6,449,572▲ $570,224
Total Liabilities and Net Assets / Fund Balance$6,772,093$7,744,826▲ $972,733
Compensation and Service Providers

Board Members and Trustees

NameTitle
Laurette RondenetPast President
Paul GrahamPresident
Kelli HeinzPresident-Elect
Calvin McEvoyBoard Member
Chris ChoiBoard Member
Danielle BarbaroBoard Member
Dolf DeRoviraBoard Member
Erica ReinerBoard Member
Gillian BleimannBoard Member
Lynn WarnerBoard Member
Robert SobelBoard Member
Tyler SimpsonBoard Member
George SouthworthExec Director Former
John HallaganInter Exec Director
Scott GlennonTreasurer
Christopher PerkinsV. Pres/Sec

Highest Paid Contractors

ContractorServicesLocationCompensation
Verto Solutions LLCManagement1101 17th St NW Suite 700, Washington, DC 20036$2,982,357
Verto Legal Solutions LLPLegal1101 17th St NW Suite 700, Washington, DC 20036$393,663
Revenue and Support

Revenue Composition

Contributions and Grants
$675,000
Program Service Revenue
$5,432,898
Investment Income
$370,991
Other Revenue
$0
All Other Contributions
$675,000
Change in Net Assets
$602,489

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,478,889
Revenue Not Reported on Form 990
$-32,265
Total Revenue per Audited Statements
$6,446,624
Total Revenue per Form 990
$6,478,889
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,876,400
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---$3,076,192
Travel---$822,187
Fees for Services Legal---$366,078
Fees for Services Other---$117,820
Office Expenses---$96,129
Fees for Services Accounting---$30,216
Insurance---$22,746
Other Expenses---$22,605
Fees for Services Lobbying---$11,250
All Other Expenses---$5,274
Total Functional Expenses$0$0$0$5,876,400

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,876,400
Total Expenses per Audited Statements$5,876,400
Total Expenses per Form 990$5,876,400
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

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$11,250
Total Nondeductible Lobbying and Political Cost$11,250
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Verto Solutions, LLC a trade association management company, performs management and other professional services on behalf of the association.

Form 990, Part VI, Section A, Line 6

The membership of the association shall consist of two classes known as active members and associate members. Members consist of individuals, firms, and corporations engaged in the use, manufacture, supply or sale of flavors, flavor ingredients, or syrups.

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

The board of governors shall be elected at the annual meeting or any special meeting called for that purpose. Only representatives of active members are eligible to serve as governors. The board of governors shall govern and manage the association establishing strategies, tactics, policies and actions to further the goals of the association and its members. Only active members can vote and are entitled to no more than one vote on any subject at any association meeting. A quorom for any meeting shall consist of 30 active members.

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

The order of business for annual and special meetings shall be determined by the rules prepared by the board of governors in accordance with the provisions of the association's by laws. The regular order of business may be changed by a two-thirds vote of the members present at any meeting.

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

The association's independent public accountants prepare a draft of form 990 and review it with the Director of Finance. Then, the Director of Finance reviews the form with the President, Executive Director, and Treasurer of the association who gives the final approval prior to filing it with the IRS.

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

The Board of Governors are required to disclose, in writing, to the association's general counsel and the board of governors. Any interest that might conflict with the association or that policy or when such a situation arises. New board members are thoroughly briefed on the policy and continuing members are regularly reminded.

Form 990, Part VI, Section C, Line 19

The association's governing documents and the conflict of interest policy are available to the public upon request. The financial statements are not available to the public.

Filing and Contact Details

Filer

Filer Name
Flavor and Extract Manufacturers
EIN
23-7104346
Phone
2022935800
Address
1101 17TH STREET 700, WASHINGTON, DC 20036

Signing Officer

Name
Deb Carstoiu
Title
Executive Director
Signed
2025-12-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Deb Carstoiu
Formed
1909
Legal Domicile
Md
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
16

Preparer

Firm
Lydon Fetterolf Corydon PA
Address
9401 Key West Avenue, Rockville, MD 20850
Preparer
Jeff Corydon IV CPA CFP
Phone
3019484400
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

Process is consistent with prior year.

Financial Statement Notes

Part X : FIN48 Footnote

The Association is exempt from federal income tax under Section 501(c)(6) of the Internal Revenue Code. However, income from activities not directly related to the Associations tax-exempt purpose is subject to taxation as unrelated business income. The Association did not engage in any unrelated business activities during the year ended March 31, 2025.The Association has adopted the authoritative guidance relating to accounting for uncertainty in income taxes included in ASC Topic Income Taxes. These provisions provide consistent guidance for the accounting for uncertainty in income taxes recognized in an entitys financial statements and prescribe a threshold of more likely than not for recognition and de-recognition of tax positions taken or expected to be taken in a tax return. The Association performed an evaluation of uncertain tax positions for the year ended March 31, 2025, and determined that there were no material matters that would require recognition in the financial statements or that may have an effect on its tax-exempt status. As of March 31, 2025, that statute of limitations for tax years 2021 through 2023 remains open with the Internal Revenue Service. It is the Associations policy to recognize interest and/or penalties related to uncertain tax positions, if any, in income tax expense.

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IRS990/Form990PartVIISectionAGrp/PersonNm4Danielle Barbaro
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IRS990/Form990PartVIISectionAGrp/PersonNm6Scott Glennon
IRS990/Form990PartVIISectionAGrp/PersonNm7Dolf DeRovira
IRS990/Form990PartVIISectionAGrp/PersonNm8Gillian Bleimann
IRS990/Form990PartVIISectionAGrp/PersonNm9Tyler Simpson
IRS990/Form990PartVIISectionAGrp/PersonNm10Calvin McEvoy
IRS990/Form990PartVIISectionAGrp/PersonNm11Robert Sobel
IRS990/Form990PartVIISectionAGrp/PersonNm12Lynn Warner
IRS990/Form990PartVIISectionAGrp/PersonNm13Erica Reiner
IRS990/Form990PartVIISectionAGrp/PersonNm14George Southworth
IRS990/Form990PartVIISectionAGrp/PersonNm15John Hallagan
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Past President
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IRS990/MissionDesc0The Flavor and Extract Manufacturers Association of the United States, Inc. (The Association) furthers the business interests of its members through a sound scientific program designed to promote the safe use of flavors, through effective presentation of its members. The asscociation fosters a global environment in which the flavor industry can create, innovate, and compete.
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IRS990/ProgSrvcAccomActy2Grp/Desc0A GOVERNMENT RELATIONS PROGRAM TO MONITOR FEDERAL, STATE, AND INTERNATIONAL LEGISLATIVE AND REGULATORY ACTIVITIES AFFECTING THE FLAVOR INDUSTRY AND REPRESENT THE INTEREST OF THE INDUSTRY BEFORE GOVERNMENT AGENCIES.
IRS990/ProgSrvcAccomActy3Grp/Desc0ANNUAL MEETINGS HELD, ATTENDED BY 150 TO 200 REPRESENTATIVES OF MEMBER COMPANIES AT WHICH THE MEMBERSHIP IS UPDATED ON NEW PROGRAMS AND TOPICS OF CURRENT INTEREST TO THE INDUSTRY AND THE BUSINESS OF THE ASSOCIATION IS CONDUCTED.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Association is exempt from federal income tax under Section 501(c)(6) of the Internal Revenue Code. However, income from activities not directly related to the Associations tax-exempt purpose is subject to taxation as unrelated business income. The Association did not engage in any unrelated business activities during the year ended March 31, 2025.The Association has adopted the authoritative guidance relating to accounting for uncertainty in income taxes included in ASC Topic Income Taxes. These provisions provide consistent guidance for the accounting for uncertainty in income taxes recognized in an entitys financial statements and prescribe a threshold of more likely than not for recognition and de-recognition of tax positions taken or expected to be taken in a tax return. The Association performed an evaluation of uncertain tax positions for the year ended March 31, 2025, and determined that there were no material matters that would require recognition in the financial statements or that may have an effect on its tax-exempt status. As of March 31, 2025, that statute of limitations for tax years 2021 through 2023 remains open with the Internal Revenue Service. It is the Associations policy to recognize interest and/or penalties related to uncertain tax positions, if any, in income tax expense.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Verto Solutions, LLC a trade association management company, performs management and other professional services on behalf of the association.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The membership of the association shall consist of two classes known as active members and associate members. Members consist of individuals, firms, and corporations engaged in the use, manufacture, supply or sale of flavors, flavor ingredients, or syrups.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The board of governors shall be elected at the annual meeting or any special meeting called for that purpose. Only representatives of active members are eligible to serve as governors. The board of governors shall govern and manage the association establishing strategies, tactics, policies and actions to further the goals of the association and its members. Only active members can vote and are entitled to no more than one vote on any subject at any association meeting. A quorom for any meeting shall consist of 30 active members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The order of business for annual and special meetings shall be determined by the rules prepared by the board of governors in accordance with the provisions of the association's by laws. The regular order of business may be changed by a two-thirds vote of the members present at any meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The association's independent public accountants prepare a draft of form 990 and review it with the Director of Finance. Then, the Director of Finance reviews the form with the President, Executive Director, and Treasurer of the association who gives the final approval prior to filing it with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Board of Governors are required to disclose, in writing, to the association's general counsel and the board of governors. Any interest that might conflict with the association or that policy or when such a situation arises. New board members are thoroughly briefed on the policy and continuing members are regularly reminded.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The association's governing documents and the conflict of interest policy are available to the public upon request. The financial statements are not available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Process is consistent with prior year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 6

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