Civic Intelligence

Feusa Inc.

990 • Fiscal year 2011 • EIN 26-1640637

Jul 01, 2010 to Jun 30, 2011 • Filed on Dec 01, 2011

1110 Harmon Place55403
Siviq Scores

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

Liabilities / Assets

36th percentile

0.01x

Higher debt load relative to assets than 36% of similar nonprofits.

2011 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

Score unavailable

No value available

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

Source year 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$976,217

No earlier filing loaded for comparison.

Net Assets

$963,435

No earlier filing loaded for comparison.

Liabilities

$12,782

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$543,264

No earlier filing loaded for comparison.

Net Income

-

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.

$1.0M$500K$0Assets 2011: $976,217Liabilities 2011: $12,782Net Assets 2011: $963,4352011Assets 2012: $567,057Liabilities 2012: $741Net Assets 2012: $566,3162012Assets 2013: $276,966Liabilities 2013: $9,950Net Assets 2013: $267,0162013Assets 2014: $135,995Liabilities 2014: $2,525Net Assets 2014: $133,4702014Assets 2020: $164,958Liabilities 2020: $32,987Net Assets 2020: $131,9712020Assets 2021: $189,980Liabilities 2021: $2,488Net Assets 2021: $187,4922021Assets 2022: $264,397Liabilities 2022: $0Net Assets 2022: $264,3972022Assets 2023: $250,012Liabilities 2023: $9,182Net Assets 2023: $240,8302023Assets 2024: $282,760Liabilities 2024: $2,694Net Assets 2024: $280,0662024

Highlighted filing

2011

Assets$976,217
Liabilities$12,782
Net Assets$963,435

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2011: $543,2642011Expenses 2012: $559,1302012Expenses 2013: $530,1832013Revenue 2014: $5,369Expenses 2014: $138,915Net Income 2014: -$133,5462014Revenue 2020: $223,123Expenses 2020: $178,637Net Income 2020: $44,4862020Revenue 2021: $305,343Expenses 2021: $249,822Net Income 2021: $55,5212021Revenue 2022: $425,999Expenses 2022: $349,094Net Income 2022: $76,9052022Revenue 2023: $508,920Expenses 2023: $532,487Net Income 2023: -$23,5672023Revenue 2024: $638,581Expenses 2024: $599,345Net Income 2024: $39,2362024

Highlighted filing

2011

Revenue-
Expenses$543,264
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2010 to Jun 30, 2011
Signed
Dec 1, 2011
Return Version
2010v3.4
Gross Receipts
$173,780
Mission and Program Overview

Mission

Family enterprise usa promotes family business creation, growth, viability, and sustainability by advocating for family businesses and their lifetime of savings with congress in washington dc. Feusa represents and celebrates all sizes, professions and industries of family-owned enterprises and multi-generational employers.

Filing and Contact Details

Filer

EIN
26-1640637
Raw XML AppendixShowing 400 of 522 raw XML fields

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IRS990/ActivityOrMissionDescription0TO EDUCATE THE PUBLIC, POLICY MAKERS AND THE MEDIA ABOUT THE ISSUES FACED BY FAMILY ENTERPRISES.
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IRS990/Description0FEUSA IMPLEMENTED THE FOLLOWING RESEARCH, EDUCATION AND AWARENESS BUILDING PROGRAMS FROM JULY 2010 TO JUNE 2011: (PLEASE SEE SCHEDULE O FOR CONTINUATIONS.)EDUCATIONAL AND AWARENESS BUILDING PROGRAMS:FEUSA DELIVERED A NUMBER OF EDUCATIONAL ENGAGEMENTS AND INITIATED KEY ACTIVITIES THROUGHOUT THE FISCAL YEAR WHICH PROVIDED FEUSA WITH THE OPPORTUNITY TO BUILD AWARENESS OF THE ORGANIZATION AND EDUCATE OTHERS REGARDING THE FAMILY BUSINESS INDUSTRY. IN AUGUST 2010 FEUSA'S PRESIDENT PRESENTED AN OVERVIEW SESSION ON FAMILY BUSINESS ISSUES AT THE GRADUATE SCHOOL OF BANKING. ABOUT 70 BANKERS, MOSTLY FROM COMMUNITY BANKS ATTENDED THE SESSION.OCTOBER 2010, AS PART OF THE 2010 FAMILY BUSINESS NETWORK (FBN) WORLD SUMMIT, FEUSA HOSTED A TWO-HOUR PUBLIC POLICY SESSION, "INNOVATION AND PUBLIC POLICY: THE CHALLENGES FAMILY ENTERPRISES FACE AND WHY THEY MUST UNITE TO OVERCOME THEM." THIS SESSION WAS ATTENDED BY OVER 200 FAMILY BUSINESS INDIVIDUALS FROM ACROSS THE WORLD. THE PANEL DISCUSSION PROVIDED BACKGROUND ON FEUSA AND AN OPPORTUNITY TO HEAR FROM THE FOUR PANELISTS WHO ALL HAVE STRONG FAMILY BUSINESS BACKGROUNDS FROM VARIOUS VIEWPOINTS. IN NOV 2010 FEUSA'S PRESIDENT AND AN FEUSA BOARD MEMBER ATTENDED THE EUROPEAN FAMILY BUSINESS (EFB) MEETING WHERE THEY SHARED IDEAS ABOUT HOW THE TWO ORGANIZATIONS CAN SUPPORT EACH OTHERS' WORK. ABOUT 75 EUROPEAN FAMILY BUSINESSES WERE IN ATTENDANCE. FEUSA CONDUCTED ITS FIRST NATIONAL SURVEY OF FAMILY BUSINESS OWNERS. ABOUT 200 RESPONDENTS PROVIDED INSIGHTS ABOUT ISSUES THAT AFFECT THEM AND HOW FEUSA CAN BE AN ADVOCATE. INFORMATION WAS SUBSEQUENTLY USED IN PRESENTATIONS AND OTHER EDUCATIONAL MATERIALS.IN FEBRUARY 2011, FEUSA CONDUCTED ITS ANNUAL MEMBER MEETING. THE MEETING'S THEME: "A 2020 VISION FOR FAMILY BUSINESS IN AMERICA" SET THE TONE FOR A SPIRITED DISCUSSION ABOUT THE FUTURE OF FAMILY-OWNED BUSINESSES IN THE U.S. MEETING ATTENDEES CAME FROM COMPANIES BASED ALL OVER THE U.S., AND RANGED FROM 2ND TO 11TH GENERATION. THEIR PASSION AND OVERALL ENGAGEMENT REINFORCED THE NEED FOR FEUSA TO REPRESENT THEIR ISSUES AND INTERESTS. AS BUSINESS-OWNING FAMILIES BEGIN TO HAVE A CLEAR UNDERSTANDING OF WHAT IS POSSIBLE, THE GROWTH POTENTIAL FOR FEUSA AND ITS ABILITY TO MAKE AN IMPACT WILL BE SURPASSED ONLY BY THE SUCCESS OF FUTURE GENERATIONS OF AMERICA'S FAMILY ENTERPRISES. FEUSA'S ANNUAL MEMBER MEETING WAS A TREMENDOUS SUCCESS AND IT MAY BE THE FIRST TIME THAT A CRITICAL MASS OF U.S. FAMILY BUSINESS OWNERS GATHERED TO DISCUSS ISSUES RELATED TO A SHARED IDENTITY AND HOW THEIR COLLECTIVE VOICE NEEDS TO BE HEARD.FROM MARCH-MAY 2011, AN FEUSA TASK FORCE (INCLUDING 2 BOARD MEMBERS, 2 FEUSA GENERAL MEMBERS AND 2 STAFF MEMBERS) MET THREE TIMES TO DISCUSS FEUSA ADVOCACY EFFORTS. FROM THE MEETINGS, A REVISED EDUCATIONAL PLAN WAS DEVELOPED TO GUIDE DEVELOPMENT OF NEW PROMOTIONAL MATERIALS.IN APRIL 2011, FEUSA'S PRESIDENT PRESENTED AN OVERVIEW OF FEUSA AND SHARED THE RESULTS OF FEUSA'S FIRST NATIONAL FAMILY BUSINESS SURVEY REGARDING PUBLIC POLICY AND PUBLIC IMAGE OF FAMILY ENTERPRISES AT THE VIRGINIA FAMILY BUSINESS FORUM AT THE SCHOOL OF BUSINESS OF VIRGINIA COMMONWEALTH UNIVERSITY. THE FORUM BROUGHT TOGETHER BUSINESS-OWNING FAMILIES AND EXPERTS TO ADDRESS MANY OF THE PROBLEMS ENCOUNTERED BY FAMILY-OWNED FIRMS.IN MAY 2011, FEUSA'S PRESIDENT DELIVERED THE WISCONSIN FAMILY BUSINESS AWARD KEYNOTE PRESENTATION. THE PRESIDENT SHARED DETAILS OF HOW AMERICA'S FAMILY BUSINESSES SHAPE OUR SOCIETY AND DRIVE OUR ECONOMY HIGHLIGHTING HOW THE CONTRIBUTION OF AMERICA'S FAMILY ENTERPRISES ARE SOMETHING WE SHOULD ALL CELEBRATE. SHE ALSO PRESENTED AT THE ANNUAL FAMILY ENTERPRISE RESEARCH CONFERENCE (FERC) IN GRAND RAPIDS, MI. FERC IS DEDICATED TO DEVELOPING A COMMUNITY OF SCHOLARS INTERESTED IN CONDUCTING RESEARCH INTO UNDERSTANDING FAMILY FIRMS AND CREATING USABLE KNOWLEDGE IN THE FAMILY BUSINESS FIELD. THE PRESIDENT SPOKE TO THE 100 BUSINESS-OWNING FAMILIES IN ATTENDANCE ABOUT THE IMPORTANCE OF THEIR CONTRIBUTION ON A MACRO LEVEL TO THE U.S.
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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0FEUSA QUALIFIES AS A TAX-EXEMPT NONPROFIT ORGANIZATION UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR STATUTES OF MINNESOTA LAW. ACCORDINGLY, NO PROVISION FOR FEDERAL OR STATE INCOME TAX IS REQUIRED. FEUSA HAS ADOPTED THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. NO LIABILITY WAS RECOGNIZED BY THE FEUSA AS A RESULT OF THE IMPLEMENTATION OF THIS STANDARD. FEUSA FILES AS A TAX-EXEMPT ORGANIZATION. SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, ALL YEARS SINCE INCEPTION COULD BE SUBJECT TO REVIEW BY THE IRS. THE 2007, 2008, 2009 AND 2010 TAX YEARS OF FEUSA ARE OPEN FOR EXAMINATION BY THE IRS.
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier0DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference0PART X:
IRS990ScheduleD/LeaseholdImprovements/BookValue011060
IRS990ScheduleD/LeaseholdImprovements/Depreciation013704
IRS990ScheduleD/LeaseholdImprovements/OtherCostOrOtherBasis024764
IRS990ScheduleD/OtherAssets/BookValue0460756
IRS990ScheduleD/OtherAssets/Description0FUNDS HELD BY OTHERS
IRS990ScheduleD/RevenueNotRptdF990012249
IRS990ScheduleD/RevenueNotRptdOnFinStmt00
IRS990ScheduleD/RevenueSubtotal0173780
IRS990ScheduleD/TotalAdjustments00
IRS990ScheduleD/TotalBookValueOtherAssets0460756
IRS990ScheduleD/TotalExpenses0543264
IRS990ScheduleD/TotalExpensesPerForm9900543264
IRS990ScheduleD/TotalOfBookValueLandBuildings022011
IRS990ScheduleD/TotalRevenue0173780
IRS990ScheduleD/TotalRevenuePerForm9900173780
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt0555513
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt0186029
IRS990ScheduleF/BoycottCountries00
IRS990ScheduleF/ContAmountSpent00
IRS990ScheduleF/ContNumberOfEmployees00
IRS990ScheduleF/ForeignPartnership00
IRS990ScheduleF/Form990ScheduleFPartV/Explanation0SCHEDULE F, PART I, LINE 2: FBN IS A TRUSTED, ESTABLISHED INTERNATIONAL ORGANIZATION THAT CELEBRATED ITS 20 YEAR ANNIVERSARY IN THE UNITED STATES. FEUSA PROVIDED FINANCIAL SUPPORT FOR ITS 20TH ANNIVERSARY EVENT IN WHICH FEUSA WAS RECOGNIZED AS A SUPPORTER.
IRS990ScheduleF/Form990ScheduleFPartV/Identifier0PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.:
IRS990ScheduleF/GrantRecordsMaintained01
IRS990ScheduleF/GrantsToOrgsOutsideUS/AmountOfCashGrant010000
IRS990ScheduleF/GrantsToOrgsOutsideUS/MannerOfCashDisbursement0WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgsOutsideUS/PurposeOfGrant0EVENT SPONSORSHIP
IRS990ScheduleF/GrantsToOrgsOutsideUS/Region0EUROPE (INCLUDING ICELAND & GREENLAND)
IRS990ScheduleF/InterestInForeignTrust00
IRS990ScheduleF/NoRecipientOver5K0X
IRS990ScheduleF/OwnForeignCorp00
IRS990ScheduleF/PassiveForeignInvestCo00
IRS990ScheduleF/SubtotalAmountSpent00
IRS990ScheduleF/SubtotalNumberOfEmployees00
IRS990ScheduleF/TotalAmountSpent00
IRS990ScheduleF/TotalNumberOfEmployees00
IRS990ScheduleF/TransferToForeignCorp00
IRS990ScheduleJ/AnyNonFixedPayments00
IRS990ScheduleJ/BoardOrCommitteeApproval0X
IRS990ScheduleJ/CompBasedNetEarningsFilingOrg00
IRS990ScheduleJ/CompBasedNetEarningsRelateOrgs00
IRS990ScheduleJ/CompBasedOnRevenueOfFilingOrg00
IRS990ScheduleJ/CompBasedOnRevenueRelatedOrgs00
IRS990ScheduleJ/CompensationSurvey0X
IRS990ScheduleJ/EquityBasedCompArrangement00
IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg0200462
IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/BonusRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/CompBasedOnRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990FilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990RelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompFilingOrg020229
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartIII/Explanation0ANN KINKADE - HOUSING AND CAR ALLOWANCE OF $23,971 WHICH IS INCLUDED IN HER TAXABLE INCOME.
IRS990ScheduleJ/Form990ScheduleJPartIII/Explanation1EMPLOYEES OF FEUSA, INC. ARE LEASED EMPLOYEES FROM THE UNIVERSITY OF ST. THOMAS, WHO PROVIDED MANAGEMENT SERVICES TO FEUSA, INC. FEUSA, INC. REIMBURSED THE UNIVERSITY OF ST. THOMAS FOR THE COSTS ALLOCATED WITH THE COMPENSATION.
IRS990ScheduleJ/Form990ScheduleJPartIII/ReturnReference0PART I, LINE 1A
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson0ANN KINKADE
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg0262
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg030637
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs00

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