Civic Intelligence

True Source Honey LLC

990EZ • Fiscal year 2020 • EIN 27-4592284

Jan 01, 2020 to Dec 31, 2020 • Filed on Feb 19, 2021

Organization ProfileWWW.TRUESOURCEHONEY.COM
1100 New Jersey Avenue SE Suite 910Washington, DC 20003-3348

(717) 393-1716

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2020

Net Margin

46th percentile

2.3%

Higher net margin than 46% of similar nonprofits.

2020 filings • NTEE S41 • <$500k nonprofits • Source year 2020

Top Officer Pay

90th percentile

$43,200

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 24.1% of source-year revenue.

2020 filings • NTEE S41 • <$500k nonprofits • Source year 2020

Asset Growth

51st percentile

3.2%

Faster asset growth than 51% of similar nonprofits.

2020 filings • NTEE S41 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

84th percentile

11%

Faster revenue growth than 84% of similar nonprofits.

2020 filings • NTEE S41 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$136,469

Up $4,183 (+3.2%) from 2019

Net Assets

Up

$136,469

Up $4,183 (+3.2%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin46th percentile

Revenue

Up

$178,928

Up $17,922 (+11%) from 2019

Expenses

Up

$174,745

Up $6,407 (+3.8%) from 2019

Net Income

Up

$4,183

Up $11,515 (+157%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth51st percentile

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

$150K$100K$50K$0Assets 2016: $104,053Net Assets 2016: $104,0532016Assets 2017: $122,298Net Assets 2017: $122,2982017Assets 2018: $139,618Net Assets 2018: $139,6182018Assets 2019: $132,286Net Assets 2019: $132,2862019Assets 2020: $136,469Net Assets 2020: $136,4692020Assets 2021: $87,446Net Assets 2021: $87,4462021Assets 2022: $103,060Liabilities 2022: $0Net Assets 2022: $103,0602022

Highlighted filing

2020

Assets$136,469
Liabilities-
Net Assets$136,469
Open 2020 Filing

Operations Trend

Revenue Growth84th percentile

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

$300K$200K$100K$0-$100KRevenue 2016: $143,435Expenses 2016: $101,786Net Income 2016: $41,6492016Revenue 2017: $149,298Expenses 2017: $131,053Net Income 2017: $18,2452017Revenue 2018: $156,633Expenses 2018: $139,313Net Income 2018: $17,3202018Revenue 2019: $161,006Expenses 2019: $168,338Net Income 2019: -$7,3322019Revenue 2020: $178,928Expenses 2020: $174,745Net Income 2020: $4,1832020Revenue 2021: $185,642Expenses 2021: $234,665Net Income 2021: -$49,0232021Revenue 2022: $161,366Expenses 2022: $145,752Net Income 2022: $15,6142022

Highlighted filing

2020

Revenue$178,928
Expenses$174,745
Net Income$4,183
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Feb 19, 2021
Return Version
2020v4.0
Gross Receipts
$178,928
Mission and Program Overview

Mission

Certification program for honey traceability.

Program Services

DescriptionGrantsExpenses
CERTIFICATION OF TRACEABILITY OF HONEY'S SOURCE.--
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
GORDON MARKSExecutive DiPT$43,200-$43,200
ERIC WENGERChairmanPT$0--
PRAKASH KEJRIWALVice Chairma-$0--
MICHELE POULKSecretary-$0--
JILL CLARKTreasurer-$0--
NICHOLAS SARGEANTSONExecutive Me-$0--
Filing and Contact Details

Filer

Filer Name
True Source Honey LLC
EIN
27-4592284
Phone
7173931716
Address
1100 NEW JERSEY AVENUE SE SUITE 910, WASHINGTON, DC 20003-3348

Signing Officer

Name
Jill Clark
Title
Treasurer
Phone
7173931716
Signed
2021-02-19
Discuss with paid preparer
Yes

Preparer

Firm
Covenant CPA LLC
Address
2733 WILLOW STREET PIKE N, WILLOW STREET, PA 17584-9531
Preparer
Stephen J Musser CPA
Phone
7174642951
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising 6,840 information technology 14,082 travel 1,330 conferences and meetings 2,435 insurance 1,866 certification audits 3,750 bank charges 689 grants 500 loss or gain on exchange 3,710 refunds 887 wire fees 856 total 36,945”

Raw XML Appendix111 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.

Path#Value
CompensationExplanation/CompensationExplanationGrp/PersonNm0ERIC WENGER
CompensationExplanation/CompensationExplanationGrp/PersonNm1PRAKASH KEJRIWAL
CompensationExplanation/CompensationExplanationGrp/PersonNm2MICHELE POULK
CompensationExplanation/CompensationExplanationGrp/PersonNm3JILL CLARK
CompensationExplanation/CompensationExplanationGrp/PersonNm4GORDON MARKS
CompensationExplanation/CompensationExplanationGrp/PersonNm5NICHOLAS SARGEANTSON
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JILL M CLARK
IRS990EZ/BooksInCareOfDetail/PhoneNum07173931716
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02220 DUTCH GOLD DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LANCASTER
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd017601
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0132286
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0136469
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt04183
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt080498
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0132286
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0136469
IRS990EZ/GrossReceiptsAmt0178928
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt08
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt0178920
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0132286
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0136469
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0132286
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0136469
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt06.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt420.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt52.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt443200
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ERIC WENGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PRAKASH KEJRIWAL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MICHELE POULK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JILL CLARK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4GORDON MARKS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5NICHOLAS SARGEANTSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIRMA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4EXECUTIVE DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5EXECUTIVE ME
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt036945
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0CERTIFICATION PROGRAM FOR HONEY TRACEABILITY.
IRS990EZ/PrintingPublicationsPostageAmt014102
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CERTIFICATION OF TRACEABILITY OF HONEY'S SOURCE.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt043200
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0174745
IRS990EZ/TotalRevenueAmt0178928
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationOtherDesc0LLC
IRS990EZ/TypeOfOrganizationOtherInd0X
IRS990EZ/WebsiteAddressTxt0WWW.TRUESOURCEHONEY.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 6,840 INFORMATION TECHNOLOGY 14,082 TRAVEL 1,330 CONFERENCES AND MEETINGS 2,435 INSURANCE 1,866 CERTIFICATION AUDITS 3,750 BANK CHARGES 689 GRANTS 500 LOSS OR GAIN ON EXCHANGE 3,710 REFUNDS 887 WIRE FEES 856 TOTAL 36,945
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JILL CLARK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07173931716
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-02-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRUE SOURCE HONEY LLC
ReturnHeader/Filer/BusinessNameControlTxt0TRUE
ReturnHeader/Filer/EIN0274592284
ReturnHeader/Filer/PhoneNum07173931716
ReturnHeader/Filer/USAddress/AddressLine1Txt01100 NEW JERSEY AVENUE SE SUITE 910
ReturnHeader/Filer/USAddress/CityNm0WASHINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd0200033348
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COVENANT CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02733 WILLOW STREET PIKE N
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WILLOW STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0175849531
ReturnHeader/PreparerPersonGrp/PhoneNum07174642951
ReturnHeader/PreparerPersonGrp/PreparationDt02021-02-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEPHEN J MUSSER CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-03-06T14:56:18-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JILL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CLARK
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$136,469
Liabilities
-
Net assets
$136,469
Revenue
$178,928
Expenses
$174,745
Net income
$4,183
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.03$1.61$1.46$0.16
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.87$0.87$1.86$2.35$0.49
2020Detailed filing. Detailed filing data is available for this year.$1.36$1.36$1.79$1.75$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.32$1.32$1.61$1.68$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.40$1.40$1.57$1.39$0.17
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.22$1.22$1.49$1.31$0.18
2016Detailed filing. Detailed filing data is available for this year.$1.04$1.04$1.43$1.02$0.42