Civic Intelligence

Fredericks Inc Employees Beneficiary Trust

990 • Fiscal year 2017 • EIN 32-0119712

May 01, 2016 to Apr 30, 2017 • Filed on Aug 22, 2017

Organization Profile
PO Box 137Markleville, IN 46056

(765) 533-4311

Siviq Scores

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

Liabilities / Assets

50th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)9 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

51st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)9 • $500k-$1M nonprofits • Source year 2017

Net Margin

82nd percentile

31%

Higher net margin than 82% of similar nonprofits.

2017 filings • 501(c)9 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

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

2017 filings • 501(c)9 • $500k-$1M nonprofits • Source year 2017

Asset Growth

99th percentile

2209%

Faster asset growth than 99% of similar nonprofits.

2017 filings • 501(c)9 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

80th percentile

28%

Faster revenue growth than 80% of similar nonprofits.

2017 filings • 501(c)9 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets50th percentile

Assets

Up

$284,665

Up $272,335 (+2209%) from 2016

Net Assets

Up

$284,665

Up $272,335 (+2209%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue51st percentileNet Margin82nd percentile

Revenue

Up

$879,306

Up $194,050 (+28%) from 2016

Expenses

Down

$606,971

Down $66,268 (-9.8%) from 2016

Net Income

Up

$272,335

Up $260,318 (+2166%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

$800K$600K$400K$200K$0Assets 2010: $17,241Liabilities 2010: $0Net Assets 2010: $17,2412010Assets 2012: $66,603Liabilities 2012: $0Net Assets 2012: $66,6032012Assets 2013: $26,413Liabilities 2013: $0Net Assets 2013: $26,4132013Assets 2014: $23,954Liabilities 2014: $0Net Assets 2014: $23,9542014Assets 2015: $313Liabilities 2015: $0Net Assets 2015: $3132015Assets 2016: $12,330Liabilities 2016: $0Net Assets 2016: $12,3302016Assets 2017: $284,665Liabilities 2017: $0Net Assets 2017: $284,6652017Assets 2018: $349,499Liabilities 2018: $0Net Assets 2018: $349,4992018Assets 2019: $356,773Liabilities 2019: $0Net Assets 2019: $356,7732019Assets 2020: $341,437Liabilities 2020: $0Net Assets 2020: $341,4372020Assets 2021: $268,094Liabilities 2021: $0Net Assets 2021: $268,0942021Assets 2022: $331,451Liabilities 2022: $0Net Assets 2022: $331,4512022Assets 2023: $390,358Liabilities 2023: $0Net Assets 2023: $390,3582023Assets 2024: $540,727Liabilities 2024: $0Net Assets 2024: $540,7272024Assets 2025: $644,656Liabilities 2025: $0Net Assets 2025: $644,6562025

Highlighted filing

2017

Assets$284,665
Liabilities$0
Net Assets$284,665
Open 2017 Filing

Operations Trend

Revenue Growth80th percentile

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

$1.0M$500K$0-$500KExpenses 2010: $303,0872010Expenses 2012: $423,3802012Expenses 2013: $332,6632013Revenue 2014: $398,630Expenses 2014: $401,089Net Income 2014: -$2,4592014Revenue 2015: $516,918Expenses 2015: $540,559Net Income 2015: -$23,6412015Revenue 2016: $685,256Expenses 2016: $673,239Net Income 2016: $12,0172016Revenue 2017: $879,306Expenses 2017: $606,971Net Income 2017: $272,3352017Revenue 2018: $480,071Expenses 2018: $415,237Net Income 2018: $64,8342018Revenue 2019: $480,789Expenses 2019: $473,515Net Income 2019: $7,2742019Revenue 2020: $522,639Expenses 2020: $537,975Net Income 2020: -$15,3362020Revenue 2021: $530,000Expenses 2021: $603,343Net Income 2021: -$73,3432021Revenue 2022: $875,000Expenses 2022: $811,643Net Income 2022: $63,3572022Revenue 2023: $707,501Expenses 2023: $648,594Net Income 2023: $58,9072023Revenue 2024: $629,169Expenses 2024: $478,800Net Income 2024: $150,3692024Revenue 2025: $620,051Expenses 2025: $516,122Net Income 2025: $103,9292025

Highlighted filing

2017

Revenue$879,306
Expenses$606,971
Net Income$272,335
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2016 to Apr 30, 2017
Signed
Aug 22, 2017
Return Version
2016v3.0
Gross Receipts
$879,306
Mission and Program Overview

Mission

This is an employees' benefit trust providing for the payment of welfare benefits for employees of fredericks, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$12,330$284,665▲ $272,335
Total Assets$12,330$284,665▲ $272,335
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$12,330$284,665▲ $272,335
Total Net Assets Fund Balance$12,330$284,665▲ $272,335
Total Liabilities and Net Assets / Fund Balance$12,330$284,665▲ $272,335
Compensation and Service Providers
Top Officer Pay52nd percentile

Board Members and Trustees

NameTitle
James a BingamanTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$879,306
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$272,335
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$625
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
Benefits to Members$606,346--$606,346
Fees for Services Accounting-$625-$625
Total Functional Expenses$606,346$625$0$606,971
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Fredericks Inc Employees
EIN
32-0119712
Phone
7655334311
Address
PO BOX 137, MARKLEVILLE, IN 46056

Signing Officer

Name
James a Bingaman
Title
Trustee
Phone
7655334311
Signed
2017-08-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James a Bingaman
Formed
2004
Legal Domicile
In
Voting Board Members
1
Independent Board Members
0
Employees
0

Preparer

Firm
Knowling & Company Pc
Address
421 W 9TH ST, ANDERSON, IN 46016-1317
Preparer
Mark W Knowling CPA
Phone
7653932387
Raw XML Appendix203 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
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IRS990/BenefitsToMembersGrp/ProgramServicesAmt0606346
IRS990/BenefitsToMembersGrp/TotalAmt0606346
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0FREDERICKS INC
IRS990/BooksInCareOfDetail/PhoneNum07655334311
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01572 W 550 S
IRS990/BooksInCareOfDetail/USAddress/CityNm0ANDERSON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd046013
IRS990/BusinessRlnWithFamMemInd0false
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IRS990/CashNonInterestBearingGrp/BOYAmt012330
IRS990/CashNonInterestBearingGrp/EOYAmt0284665
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt0606346
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0625
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0879306
IRS990/CYRevenuesLessExpensesAmt0272335
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0606971
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0879306
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0PROVIDE HEALTH & WELFARE BENEFITS TO EMPLOYEES AND DEPENDENTS
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/ExpenseAmt0589581
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0625
IRS990/FeesForServicesAccountingGrp/TotalAmt0625
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/PersonNm0JAMES A BINGAMAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt01
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0879306
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IN
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THIS IS AN EMPLOYEES' BENEFIT TRUST PROVIDING FOR THE PAYMENT OF WELFARE BENEFITS FOR EMPLOYEES OF FREDERICKS, INC.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt012330
IRS990/NetAssetsOrFundBalancesEOYAmt0284665
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JAMES A BINGAMAN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0EMPLOYER CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0879306
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0879306
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDE EDUCATION & TRAINING BENEFITS TO EMPLOYEES
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt016765
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt0672614
IRS990/PYOtherExpensesAmt0625
IRS990/PYProgramServiceRevenueAmt0685256
IRS990/PYRevenuesLessExpensesAmt012017
IRS990/PYTotalExpensesAmt0673239
IRS990/PYTotalRevenueAmt0685256
IRS990/ReconcilationRevenueExpnssAmt0272335
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt012330
IRS990/TotalAssetsEOYAmt0284665
IRS990/TotalAssetsGrp/BOYAmt012330
IRS990/TotalAssetsGrp/EOYAmt0284665
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0625
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0606346
IRS990/TotalFunctionalExpensesGrp/TotalAmt0606971
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt012330
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0284665
IRS990/TotalProgramServiceExpensesAmt0606346
IRS990/TotalProgramServiceRevenueAmt0879306
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0879306
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0879306
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt012330
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0284665
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt012330
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0284665
IRS990/USAddress/AddressLine1Txt01572 W 550 S
IRS990/USAddress/CityNm0ANDERSON
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046013
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt00
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES A BINGAMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum07655334311
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-08-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FREDERICKS INC EMPLOYEES
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0BENEFICIARY TRUST
ReturnHeader/Filer/BusinessNameControlTxt0FRED
ReturnHeader/Filer/EIN0320119712
ReturnHeader/Filer/PhoneNum07655334311
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 137
ReturnHeader/Filer/USAddress/CityNm0MARKLEVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046056
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId01EFC2CED23F079C9EED1B74F8A68CF0526FC1586
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId08358B415C9969E7EB69D761FD5976213C214F4BE
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0454613378
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KNOWLING & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0421 W 9TH ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ANDERSON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0460161317
ReturnHeader/PreparerPersonGrp/PhoneNum07653932387
ReturnHeader/PreparerPersonGrp/PreparationDt02017-08-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK W KNOWLING CPA
ReturnHeader/ReturnTs02017-08-22T14:15:41-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-05-01
ReturnHeader/TaxPeriodEndDt02017-04-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$284,665
Liabilities
$0
Net assets
$284,665
Revenue
$879,306
Expenses
$606,971
Net income
$272,335
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.45$0.00$6.45$6.20$5.16$1.04
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.41$0.00$5.41$6.29$4.79$1.50
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.90$0.00$3.90$7.08$6.49$0.59
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.31$0.00$3.31$8.75$8.12$0.63
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.68$0.00$2.68$5.30$6.03$0.73
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.41$0.00$3.41$5.23$5.38$0.15
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.57$0.00$3.57$4.81$4.74$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.49$0.00$3.49$4.80$4.15$0.65
2017Detailed filing. Detailed filing data is available for this year.$2.85$0.00$2.85$8.79$6.07$2.72
2016Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$6.85$6.73$0.12
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$5.17$5.41$0.24
2014Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.24$3.99$4.01$0.02
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.26$0.00$0.26$3.33
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.00$0.67$4.23
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.00$0.17$3.03