Civic Intelligence

Indiana Beef Cattle Association Inc

990 • Fiscal year 2015 • EIN 35-6244416

Apr 01, 2014 to Mar 31, 2015 • Filed on Jan 06, 2016

8425 Keystone Crossing Suite 240Indianapolis, IN 46240

(317) 293-2333

Siviq Scores

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

Liabilities / Assets

65th percentile

0.06x

Higher debt load relative to assets than 65% of similar nonprofits.

2015 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

51st percentile

0.03x

Higher debt load relative to revenue than 51% of similar nonprofits.

2015 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2015

Net Margin

45th percentile

3.7%

Higher net margin than 45% of similar nonprofits.

2015 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

36th percentile

$75,121

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 6.3% of source-year revenue.

2015 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

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

Source year 2015

Revenue Growth

Score unavailable

No value available

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

Source year 2015

Assets

$532,649

No earlier filing loaded for comparison.

Net Assets

$499,345

No earlier filing loaded for comparison.

Liabilities

$33,304

No earlier filing loaded for comparison.

Revenue

$1,186,877

No earlier filing loaded for comparison.

Expenses

$1,142,784

No earlier filing loaded for comparison.

Net Income

$44,093

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 2015: $532,649Liabilities 2015: $33,304Net Assets 2015: $499,3452015Assets 2016: $596,078Liabilities 2016: $42,865Net Assets 2016: $553,2132016Assets 2017: $588,577Liabilities 2017: $44,844Net Assets 2017: $543,7332017Assets 2018: $628,041Liabilities 2018: $32,679Net Assets 2018: $595,3622018Assets 2019: $658,150Liabilities 2019: $31,452Net Assets 2019: $626,6982019Assets 2020: $647,359Liabilities 2020: $32,576Net Assets 2020: $614,7832020Assets 2021: $797,672Liabilities 2021: $132,645Net Assets 2021: $665,0272021Assets 2022: $770,895Liabilities 2022: $38,322Net Assets 2022: $732,5732022Assets 2023: $848,133Liabilities 2023: $142,950Net Assets 2023: $705,1832023Assets 2024: $864,860Liabilities 2024: $132,681Net Assets 2024: $732,1792024Assets 2025: $886,508Liabilities 2025: $112,460Net Assets 2025: $774,0482025

Highlighted filing

2015

Assets$532,649
Liabilities$33,304
Net Assets$499,345

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2015: $1,186,877Expenses 2015: $1,142,784Net Income 2015: $44,0932015Revenue 2016: $1,226,408Expenses 2016: $1,172,540Net Income 2016: $53,8682016Revenue 2017: $1,163,483Expenses 2017: $1,174,778Net Income 2017: -$11,2952017Revenue 2018: $1,251,398Expenses 2018: $1,199,769Net Income 2018: $51,6292018Revenue 2019: $1,236,381Expenses 2019: $1,205,044Net Income 2019: $31,3372019Revenue 2020: $1,220,554Expenses 2020: $1,232,470Net Income 2020: -$11,9162020Revenue 2021: $685,613Expenses 2021: $635,369Net Income 2021: $50,2442021Revenue 2022: $1,257,514Expenses 2022: $1,189,968Net Income 2022: $67,5462022Revenue 2023: $1,083,662Expenses 2023: $1,111,052Net Income 2023: -$27,3902023Revenue 2024: $1,152,994Expenses 2024: $1,083,179Net Income 2024: $69,8152024Revenue 2025: $1,180,918Expenses 2025: $1,139,049Net Income 2025: $41,8692025

Highlighted filing

2015

Revenue$1,186,877
Expenses$1,142,784
Net Income$44,093
Jump To
Filing Snapshot
Filing Period
Apr 1, 2014 to Mar 31, 2015
Signed
Jan 6, 2016
Return Version
2014v6.0
Gross Receipts
$1,191,065
Mission and Program Overview

Mission

The indiana beef cattle association will build a better beef industry and stronger communities by forging partnerships to enhance profitability, protect the environment and increase consumer demand for a safe and healthy beef product.

Promotion of the beef industry including transmission of consumer, producer, and industry-related information. Assist all segments of the beef industry, specifically association members, in establishing and maintaining a strong, profitable beef industry in indiana.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$411,542$437,081▲ $25,539
Savings and Temporary Cash Investments$56,945$60,163▲ $3,218
Prepaid Expenses and Deferred Charges$1,621$16,996▲ $15,375
Accounts Receivable$7,981$12,553▲ $4,572
Land, Buildings, and Equipment, Net$11,876$5,856▼ $6,020
Total Assets$492,944$532,649▲ $39,705
Other Assets Total$2,979--
Liabilities
Accounts Payable and Accrued Expenses$29,803$28,244▼ $1,559
Other Liabilities$7,958$5,060▼ $2,898
Total Liabilities$37,761$33,304▼ $4,457
Net Assets / Fund Balance
Unrestricted Net Assets$378,528$414,401▲ $35,873
Temporarily Rstr Net Assets$76,655$84,944▲ $8,289
Total Net Assets Fund Balance$455,183$499,345▲ $44,162
Total Liabilities and Net Assets / Fund Balance$492,944$532,649▲ $39,705

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,856$70,282$76,138
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Joe MooreExecutive ViFT$75,121$75,121

Board Members and Trustees

NameTitle
Rick DavisPresident
Norman VoylesPresident El
Donald GurtnerCBB Director
Ben HoeneArea 1 Direc
Dr Bruce LambArea 10 Dire
Robb RaabArea 11 Dire
Ryan BattArea 2 Direc
Andy LoweryArea 3 Direc
Stacey BairdArea 5 Direc
Ginny TauerArea 6 Direc
Cody SankeyArea 7 Direc
Ronnie ManningArea 8 Direc
Joe HorstmanArea 9 Direc
Rob WebsterCATTLEMEN'S
Judy BrownConvention C
Dave ForgeyDairy Rep
Miranda UleryEducation Re
Keegan PoeFarm Bureau
Joe HorstmanFed of St Be
Rick SeehaseHoosier Beef
Debbie VansickleIjbca COM Ch
Loran WilsonImmediate Pa
Ranie KopkeyIndiana Veal
Gordon LowryMarketing Re
Neil HollingsworthMembership C
Donnie LawsonNcba Directo
Steve BeutlerProcessing/d
Jodi JordanPromotion Ch
Dr Ron LemenagerPurdue Anima
Jeff LeiningerService Rep
Neal SmithTreasurer
Lance SennettVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$72,035
Program Service Revenue
$1,104,083
Investment Income
$32
Other Revenue
$10,727
Change in Net Assets
$44,093

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,186,877
Revenue Not Reported on Form 990
$4,188
Total Revenue per Audited Statements
$1,191,065
Total Revenue per Form 990
$1,186,877
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$890,256
Salaries, Compensation, and Employee Benefits$252,528
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$127,844
Current Officers, Directors, Trustees, and Key Employees---$75,121
Advertising---$62,489
Occupancy---$41,166
All Other Expenses---$37,899
Conferences and Meetings---$27,810
Other Employee Benefits---$26,133
Other Expenses---$22,416
Office Expenses---$20,536
Payroll Taxes---$18,241
Fees for Services Accounting---$9,710
Insurance---$7,753
Depreciation Depletion---$6,091
Pension Plan Contributions---$5,189
Information Technology---$1,645
Fees for Services Other---$1,259
Total Functional Expenses$0$0$0$1,142,784

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,146,903
Total Expenses per Form 990$1,142,784
Expenses per Audited Statements$1,142,715
Expenses Not Reported on Form 990$4,188
Expenses Not Reported on Financial Statements$69
Other Expense Adjustments$69
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$5,067
Fundraising Direct Expenses$4,188
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
Total Nondeductible Lobbying and Political Cost$15,258
Current Year Nondeductible Lobbying and Political Cost$9,639
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Revenue$2,998
Accrued Expense$2,062
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 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
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The organization has voting members that pay membership dues.

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

Explanation: currently, the ibca executive committee reviews the form 990 prior to filing. The full governing body does not receive a copy of the return prior to filing.

Form 990, Page 6, Part VI, Line 12C

Explanation: the organization monitors and enforces potential conflicts of interest which are discussed at the annual meeting.

Form 990, Page 6, Part VI, Line 18

Explanation: ibca makes its form 1023 and forms 990 available to the general public upon request.

Form 990, Page 6, Part VI, Line 19

Explanation: ibca does not make its government documents,conflict of interest policy, and financial statements available to the public, but all documents that are required to be made available are done so upon request. Ibca provides any updated governing documents and financial statements at the annual business meeting of the association, and they also are made available on at least a quarterly basis, if not more often, to the ibca board of directors.

Filing and Contact Details

Filer

Filer Name
Indiana Beef Cattle Associationinc
EIN
35-6244416
Phone
3172932333
Address
8425 KEYSTONE CROSSING SUITE 240, INDIANAPOLIS, IN 46240

Signing Officer

Name
Joseph Moore
Title
President
Phone
3172932333
Signed
2016-01-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph Moore
Formed
1964
Legal Domicile
In
Voting Board Members
32
Independent Board Members
7
Employees
4
Volunteers
700

Preparer

Firm
Alerding CPA Group
Address
4181 E 96TH ST STE 180, INDIANAPOLIS, IN 46240
Preparer
Linda De Tar CPA
Phone
3175694181
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Promotion of the beef industry including transmission of consumer, producer, and industry-related information. Assist all segments of the beef industry, specifically association members, in establishing and maintaining a strong, profitable beef industry in indiana.

Form 990, Page 2, Part III, Line 4D

The association's functions include education, meetings and events designed to promote the beef cattle industry among members throughout the state. The vast majority of members are beef cattle farmers and others involved in indiana's beef cattle industry. The association promotes the beef cattle industry to youth through events for 4h, and has a large presence at the indiana state fair each year, including food booths, demonstrations and competitions.

Form 990, Part XI, Line 9

Fundraising expenses 4,188 fundraising expenses -4,188 depreciation adjustment 69

Form 990, Page 12, Part XII, Line 2C

Explanation: currently, the ibca executive committee assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant.the organization did not make any changes either its oversight process or selection process during the tax year.

Form 990, Page 12, Part XII, Line 3B

Explanation: currently, the ibca executive committee assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant. The organization did not make any changes either its oversight process or selection process during the tax year.

Financial Statement Notes

Schedule D, Page 3, Part X

Explanation: management of the organization evaluates all significant tax positions to ensure compliance with the exempt purpose of the organization as required by u.s. Gaap, including consideration of any unrelated business income tax. As of march 31, 2015, management does not believe the organization has taken any tax positions that are not in compliance with the exempt purpose of the organization. The organizations federal and state tax returns remain open and subject to examination beginning with the tax year ended march 31, 2010.

Schedule D, Page 4, Part XI, Line 2D

Fundraising expenses 4,188

Schedule D, Page 4, Part XII, Line 2D

Fundraising expenses 4,188

Schedule D, Page 4, Part XII, Line 4B

Depreciation adjustment 69

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT EL
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4PROMOTION CH
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBERSHIP C
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IRS990/Form990PartVIISectionAGrp/TitleTxt10AREA 7 DIREC
IRS990/Form990PartVIISectionAGrp/TitleTxt11AREA 6 DIREC
IRS990/Form990PartVIISectionAGrp/TitleTxt12AREA 5 DIREC
IRS990/Form990PartVIISectionAGrp/TitleTxt13AREA 8 DIREC
IRS990/Form990PartVIISectionAGrp/TitleTxt14AREA 9 DIREC
IRS990/Form990PartVIISectionAGrp/TitleTxt15AREA 11 DIRE
IRS990/Form990PartVIISectionAGrp/TitleTxt16AREA 10 DIRE
IRS990/Form990PartVIISectionAGrp/TitleTxt17MARKETING RE
IRS990/Form990PartVIISectionAGrp/TitleTxt18PROCESSING/D
IRS990/Form990PartVIISectionAGrp/TitleTxt19SERVICE REP
IRS990/Form990PartVIISectionAGrp/TitleTxt20EDUCATION RE
IRS990/Form990PartVIISectionAGrp/TitleTxt21DAIRY REP
IRS990/Form990PartVIISectionAGrp/TitleTxt22PURDUE ANIMA
IRS990/Form990PartVIISectionAGrp/TitleTxt23CONVENTION C
IRS990/Form990PartVIISectionAGrp/TitleTxt24HOOSIER BEEF
IRS990/Form990PartVIISectionAGrp/TitleTxt25FARM BUREAU
IRS990/Form990PartVIISectionAGrp/TitleTxt26CATTLEMEN'S
IRS990/Form990PartVIISectionAGrp/TitleTxt27IJBCA COM CH
IRS990/Form990PartVIISectionAGrp/TitleTxt28NCBA DIRECTO
IRS990/Form990PartVIISectionAGrp/TitleTxt29CBB DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30INDIANA VEAL
IRS990/Form990PartVIISectionAGrp/TitleTxt31FED OF ST BE
IRS990/Form990PartVIISectionAGrp/TitleTxt32EXECUTIVE VI
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