Civic Intelligence

Snac International

EIN 34-0421555 • 501(c)6 • Arlington, VA

View Organization Page

Profile

Snac serves as the collective voice for the companies that create the world's favorite snack foods by advocating for responsible public policy, providing a forum for industry collaboration, advancing knowledge with educational opportunities, and connecting companies to solutions through a range of networking services that serve as the foundation for individual, company and marketplace success.

Refreshing map…

1300 17th Street NArlington, VA 22209

www.snacintl.org

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.30x

Higher debt load relative to assets than 62% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

68th percentile

0.49x

Higher debt load relative to revenue than 68% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Net Margin

6th percentile

-23%

Higher net margin than 6% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

73rd percentile

$427,120

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 13.2% of source-year revenue.

501(c)6 • $5M-$10M nonprofits • Source year 2022

Asset Growth

12th percentile

-6.2%

Faster asset growth than 12% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2022 to 2024

Revenue Growth

67th percentile

12%

Faster revenue growth than 67% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Down

$6,544,305

Down $896,448 (-12%) from 2022

Liabilities

Down

$1,955,382

Down $404,650 (-17%) from 2022

Net Assets

Down

$4,588,923

Down $491,798 (-9.7%) from 2022

Operations
Liabilities / Revenue68th percentileNet Margin6th percentile

Revenue

Up

$4,030,310

Up $795,310 (+25%) from 2022

Expenses

Up

$4,962,939

Up $608,421 (+14%) from 2022

Net Income

Up

-$932,629

Up $186,889 (+17%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth12th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2020: $7,944,547Liabilities 2020: $1,475,014Net Assets 2020: $6,469,5332020Assets 2021: $7,767,502Liabilities 2021: $630,186Net Assets 2021: $7,137,3162021Assets 2022: $7,440,753Liabilities 2022: $2,360,032Net Assets 2022: $5,080,7212022Assets 2024: $6,544,305Liabilities 2024: $1,955,382Net Assets 2024: $4,588,9232024

Highlighted filing

2024

Assets$6,544,305
Liabilities$1,955,382
Net Assets$4,588,923
Open 2024 Filing

Operations Trend

Revenue Growth67th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2020: $3,892,953Expenses 2020: $3,979,425Net Income 2020: -$86,4722020Revenue 2021: $4,045,674Expenses 2021: $3,726,998Net Income 2021: $318,6762021Revenue 2022: $3,235,000Expenses 2022: $4,354,518Net Income 2022: -$1,119,5182022Revenue 2024: $4,030,310Expenses 2024: $4,962,939Net Income 2024: -$932,6292024

Highlighted filing

2024

Revenue$4,030,310
Expenses$4,962,939
Net Income-$932,629
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$6,544,305
Liabilities
$1,955,382
Net assets
$4,588,923
Revenue
$4,030,310
Expenses
$4,962,939
Net income
-$932,629
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.54$1.96$4.59$4.03$4.96$0.93
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.44$2.36$5.08$3.24$4.35$1.12
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.77$0.63$7.14$4.05$3.73$0.32
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.94$1.48$6.47$3.89$3.98$0.09
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 2, 2023
Return Version
2022v5.0
Gross Receipts
$5,290,702
Mission and Program Overview

Mission

Snac serves as the collective voice for the companies that create the world's favorite snack foods by advocating for responsible public policy, providing a forum for industry collaboration, advancing knowledge with educational opportunities, and connecting companies to solutions through a range of networking services that serve as the foundation for individual, company and marketplace success.

To create resources which fuel and reinforce value for snac international members by offering services and relationship building forums for members in support of industry growth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,218,794$5,626,916▼ $1,591,878
Cash and Non-Interest-Bearing Accounts$198,398$400,535▲ $202,137
Land, Buildings, and Equipment, Net$50,304$179,243▲ $128,939
Prepaid Expenses and Deferred Charges$199,490$116,982▼ $82,508
Intangible Assets-$23,540-
Accounts Receivable$66,936$13,455▼ $53,481
Inventories for Sale or Use$33,580$6,514▼ $27,066
Total Assets$7,767,502$7,440,753▼ $326,749
Other Assets Total-$1,073,568-
Liabilities
Other Liabilities$84,729$1,187,259▲ $1,102,530
Deferred Revenue$307,339$812,766▲ $505,427
Accounts Payable and Accrued Expenses$238,118$360,007▲ $121,889
Total Liabilities$630,186$2,360,032▲ $1,729,846
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,137,316$5,080,721▼ $2,056,595
Total Net Assets Fund Balance$7,137,316$5,080,721▼ $2,056,595
Total Liabilities and Net Assets / Fund Balance$7,767,502$7,440,753▼ $326,749

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$132,585$773$133,358
Equipment$46,658$15,476$62,134
Land$0--
Other Assets Org$1,073,568--
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christine CochranCEO (beginning 2/1/22)FT$427,120-$427,120
Christine Cochran--$427,120-$427,120
Elizabeth AveryCEO (ending 4/30/22)FT$170,017$11,668$181,685
Elizabeth Avery--$120,017$61,668$181,685
David WalshVP - Membership & CommunicationsFT$135,012$18,087$153,099
David Walsh--$123,012$30,087$153,099
Abby ValentinoDirector, Industry AffairsFT$105,408$12,769$118,177

Board Members and Trustees

NameTitle
Mike HarperChair
Dan SiferPast Chair
Fritz KohmannPast Chair
Lisa SternAec President
Justin Spannuth2nd Vice Chair
Greg PearsonVice Chair
Bernard KreilmannDirector
Chad McdonaldDirector
Cindy KuesterDirector
Clifton HilarioDirector
Dan MorganDirector
David ReadDirector
Hector De La BarredaDirector
Jeff AlmondDirector
Joan CeteraDirector
Kevin BrickDirector
Mark CostelloDirector
Megan ReamerDirector
Michelle ReardonDirector
Mike CantoreDirector
Milton MattusDirector
Ryo TsutsumiDirector
Spencer FivelsonDirector
Tina HackerDirector
Leanne OliverSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Michael TorreyAudio Visual Services2616 COMMERCE PARK DR, Orlando, FL 32819$408,040
Food DirectionsGovernment Relations50 F ST NW STE 450, Washington, DC 20001$249,768
The Cyphers AgencyStrategic Consulting4806 WESTWARD VIEW ROAD, Shady Shide, MD 20764$126,000
-Legal Services555 13TH ST NW, Washington, DC 20004$123,264
-Marketing Support Services1682 VILLAGE GREEN, Crofton, MD 21114$116,142
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,155,983
Investment Income
$-20,270
Other Revenue
$99,287
Change in Net Assets
$-1,119,518

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,200,470
Revenue Not Reported on Financial Statements
$34,530
Revenue Not Reported on Form 990
$-937,077
Total Revenue per Audited Statements
$2,263,393
Total Revenue per Form 990
$3,235,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,027,569
Salaries, Compensation, and Employee Benefits$1,302,376
Grants and Similar Amounts Paid$24,573
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$0$0$0$1,504,774
Fees for Services Other$0$0$0$732,047
Current Officers, Directors, Trustees, and Key Employees$0$0$0$605,305
Other Salaries and Wages$0$0$0$534,295
Occupancy$0$0$0$189,049
Travel$0$0$0$151,583
Office Expenses$0$0$0$100,278
Fees for Services Legal$0$0$0$99,445
Payroll Taxes$0$0$0$72,408
Information Technology$0$0$0$63,839
Other Employee Benefits$0$0$0$63,550
Fees for Services Accounting$0$0$0$44,779
Depreciation Depletion$0$0$0$35,854
Fees for Service Investment Mgmnt Fees$0$0$0$34,530
Other Expenses$0$0$0$27,460
Pension Plan Contributions$0$0$0$26,818
Grants to Domestic Orgs$0--$24,573
Insurance$0$0$0$16,641
Total Functional Expenses$0$0$0$4,354,518

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,354,518
Expenses per Audited Statements$4,319,988
Total Expenses per Audited Statements$4,319,988
Expenses Not Reported on Financial Statements$34,530
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Potatoes USADenver, CO501(c)(6)National Chip Program$15,000
Grain Foods FoundationWashington, DC-Foods Project Support$6,000
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$331,159
Total Nondeductible Lobbying and Political Cost$304,739
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$1,187,259
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Snac International
EIN
34-0421555
Phone
7038364500
Address
1300 17TH STREET N, ARLINGTON, VA 22209

Signing Officer

Name
Christine Cochran
Title
President & CEO
Phone
7038364500
Signed
2023-11-02
Discuss with paid preparer
Yes

Organization Details

Formed
1937
Legal Domicile
Va
Voting Board Members
25
Independent Board Members
25
Employees
9
Volunteers
25

Preparer

Firm
Lane & Company CPAs
Address
5335 Wisconsin Ave NW Ste 440, Washington, DC 20015
Preparer
Robert E Lane
Phone
2026172615
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

“Snac international's by-laws delineate four classes of membership; domestic business members, foreign business members, domestic associate members and foreign associate members. The by-laws also provide that if the association dissolves, "assets are to be divided among domestic business members in good standing in exact proportion to the dues and assessments paid for the fiscal year in which said dissolution occurs."”

Pt VI, Line 7A

“The board of directors elects officers and directors-at-large when positions become available per our by-laws. This occurs each year as terms expire. In the event that a current member of the board vacates his/her position, the chairman appoints a replacement per the by-laws.”

Pt VI, Line 7B

“Snac international holds an annual meeting of the domestic business members each year per the by-laws. New directors-at-large are voted on.”

Pt VI, Line 11B

“An independent cpa prepares the annual form 990. Management reviews the form prior to submitting to the irs.”

Pt VI, Line 12C

“Snac international informs board members upon joining the board and regularly reminds and discusses at board meetings.”

Pt VI, Line 15A

“Snac international uses comparative organization salary and data information.”

Pt VI, Line 15B

“Snac international uses comparative organization salary and data information.”

Pt VI, Line 19

“No documents are available to the public.”

Form 990, Part IX, Line 11G

“Government relations 344466.”

Form 990, Part IX, Line 11G

“Nutrition & health 150295.”

Form 990, Part IX, Line 11G

“MARKETING 134511.”

Form 990, Part IX, Line 11G

“FOOD SCIENCE 34000.”

Form 990, Part IX, Line 11G

“COMMUNICATIONS 26430.”

Form 990, Part IX, Line 11G

“OUTSOURCED HR 19521.”

Form 990, Part IX, Line 11G

“WEBSITE HOSTING 16223.”

Form 990, Part IX, Line 11G

“PAYROLL PROCESSING 4243.”

Form 990, Part IX, Line 11G

“BENEFIT PLAN ADMIN 2358.”

Financial Statement Notes

Pt X, Line 2

“Management annually reviews its tax positions and has determined that there are no material uncertain tax positions that require recognition on the financial statements.”

Raw XML AppendixShowing 400 of 760 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
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IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0238118
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0360007
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IRS990/AccountsReceivableGrp/EOYAmt013455
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO CREATE RESOURCES WHICH FUEL AND REINFORCE VALUE FOR SNAC INTERNATIONAL MEMBERS BY OFFERING SERVICES AND RELATIONSHIP BUILDING FORUMS FOR MEMBERS IN SUPPORT OF INDUSTRY GROWTH.
IRS990/AddressChangeInd0X
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IRS990/BooksInCareOfDetail/PhoneNum07038364500
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01300 17TH ST N STE 540
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IRS990/CompensationProcessOtherInd0true
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IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
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IRS990/ContractorCompensationGrp/CompensationAmt1249768
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3DC
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd421114
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IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1FOOD DIRECTIONS
IRS990/ContractorCompensationGrp/ContractorName/PersonNm0FREEMAN AUDIO VISUAL
IRS990/ContractorCompensationGrp/ContractorName/PersonNm1HOGAN LOVELLS US LLP
IRS990/ContractorCompensationGrp/ContractorName/PersonNm2THE CYPHERS AGENCY
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IRS990/ContractorCompensationGrp/ServicesDesc3LEGAL SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc4MARKETING SUPPORT SERVICES
IRS990/CostOfGoodsSoldAmt06848
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IRS990/Desc0BIENNIAL SNX CONVENTION - SNX IS SNAC INTERNATIONAL'S EDUCATION AND COLLABORATION FORUM. HELD BIENNIALLY, IT HOSTS MANUFACTURERS AND SUPPLIERS TO THE SNACK FOOD INDUSTRY AND PROVIDES OPPORTUNITIES FOR ONE-ON-ONE MEETINGS AND EDUCATION.
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