Civic Intelligence

Biscuit and Cracker Manufacturers' Association

990 • Fiscal year 2014 • EIN 36-6008250

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 10, 2015

6325 Woodside CourtColumbia, MD 21046

(443) 545-1645

Siviq Scores

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

Liabilities / Assets

28th percentile

0.06x

Higher debt load relative to assets than 28% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

35th percentile

0.09x

Higher debt load relative to revenue than 35% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Net Margin

16th percentile

-5.6%

Higher net margin than 16% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

40th percentile

$114,257

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 11.1% of source-year revenue.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Asset Growth

26th percentile

-2.4%

Faster asset growth than 26% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

69th percentile

9.3%

Faster revenue growth than 69% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Down

$1,718,281

Down $42,523 (-2.4%) from 2013

Net Assets

Down

$1,623,413

Down $79,704 (-4.7%) from 2013

Liabilities

Up

$94,868

Up $37,181 (+64%) from 2013

Revenue

Up

$1,028,780

Up $87,189 (+9.3%) from 2013

Expenses

Up

$1,086,870

Up $149,102 (+16%) from 2013

Net Income

Down

-$58,090

Down $61,913 (-1619%) from 2013

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2012: $1,624,644Liabilities 2012: $61,769Net Assets 2012: $1,562,8752012Assets 2013: $1,760,804Liabilities 2013: $57,687Net Assets 2013: $1,703,1172013Assets 2014: $1,718,281Liabilities 2014: $94,868Net Assets 2014: $1,623,4132014Assets 2015: $1,643,288Liabilities 2015: $57,742Net Assets 2015: $1,585,5462015Assets 2016: $1,669,213Liabilities 2016: $178,523Net Assets 2016: $1,490,6902016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017

Highlighted filing

2014

Assets$1,718,281
Liabilities$94,868
Net Assets$1,623,413

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2012: $1,037,3842012Revenue 2013: $941,591Expenses 2013: $937,768Net Income 2013: $3,8232013Revenue 2014: $1,028,780Expenses 2014: $1,086,870Net Income 2014: -$58,0902014Revenue 2015: $1,091,647Expenses 2015: $1,050,735Net Income 2015: $40,9122015Revenue 2016: $1,001,582Expenses 2016: $1,130,623Net Income 2016: -$129,0412016Revenue 2017: $326,253Expenses 2017: $601,774Net Income 2017: -$275,5212017

Highlighted filing

2014

Revenue$1,028,780
Expenses$1,086,870
Net Income-$58,090
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 10, 2015
Return Version
2014v5.0
Gross Receipts
$1,227,782
Mission and Program Overview

Mission

An international trade organization representing the entire spectrum of companies involved in the manufacturing of biscuits and crackers and the suppliers to the baking industry. Our mission is to bring unparralleled educational training and networking opportunities to members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,271,733$1,319,531▲ $47,798
Savings and Temporary Cash Investments$408,079$353,617▼ $54,462
Accounts Receivable$38,340$19,291▼ $19,049
Prepaid Expenses and Deferred Charges$30,075$15,673▼ $14,402
Land, Buildings, and Equipment, Net$9,524$7,116▼ $2,408
Cash and Non-Interest-Bearing Accounts-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,760,804$1,718,281▼ $42,523
Other Assets Total$3,053$3,053→ $0
Liabilities
Deferred Revenue$34,335$79,471▲ $45,136
Accounts Payable and Accrued Expenses$23,352$15,397▼ $7,955
Total Liabilities$57,687$94,868▲ $37,181
Net Assets / Fund Balance
Unrestricted Net Assets$1,703,117$1,623,413▼ $79,704
Total Net Assets Fund Balance$1,703,117$1,623,413▼ $79,704
Total Liabilities and Net Assets / Fund Balance$1,760,804$1,718,281▼ $42,523

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$7,116$54,758$61,874
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stacey SatagajsharplessPast PresidentFT$81,782$32,475$114,257
Kathy Kinter PhelpsSecretaryFT$73,604$19,546$93,150
Dave Van LaarPresidentFT$73,067$9,227$82,294

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$950,337
Investment Income
$78,443
Other Revenue
$0
Change in Net Assets
$-58,090

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,028,780
Revenue Not Reported on Form 990
$-21,615
Total Revenue per Audited Statements
$1,007,165
Total Revenue per Form 990
$1,028,780
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$658,062
Salaries, Compensation, and Employee Benefits$428,808
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$290,165
Current Officers, Directors, Trustees, and Key Employees---$228,453
Other Salaries and Wages---$87,290
Information Technology---$73,741
Fees for Services Accounting---$57,720
Other Employee Benefits---$53,147
Occupancy---$40,868
Pension Plan Contributions---$35,559
Fees for Services Other---$24,943
Payroll Taxes---$24,359
All Other Expenses---$20,585
Insurance---$14,156
Office Expenses---$9,284
Fees for Service Investment Mgmnt Fees---$8,507
Fees for Services Legal---$8,273
Other Expenses---$7,754
Depreciation Depletion---$3,728
Travel---$245
Total Functional Expenses$0$0$0$1,086,870

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,086,870
Total Expenses per Audited Statements$1,086,870
Total Expenses per Form 990$1,086,870
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
Lobbying activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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
Yes
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, Part VI, Line 6: Explanation of Classes of Members or Shareholder

Members consist of companies involved in and suppliers to the manufacturing of biscuits and crackers in the baking industry.

Form 990, Part VI, Line 11B: Form 990 Review Process

A draft copy of the Form 990 is provided to the President and members of the Board of Directors Finance Committee for review and approval prior to filing.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Compensation of the President is reviewed and approved by the Executive Committee of the Board of Directors using salaries of other comparable trade associations in the Washington D.C. metropolitan area.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents, policies, and financial statements are made available at the Association's office upon request.

Filing and Contact Details

Filer

Filer Name
Biscuit & Cracker Manufacturers
EIN
36-6008250
Phone
4435451645
Address
6325 Woodside Court, Columbia, MD 21046

Signing Officer

Name
Dave Van Laar
Title
President
Signed
2015-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dave Van Laar
Formed
1901
Legal Domicile
Dc
Voting Board Members
13
Independent Board Members
13
Employees
5
Volunteers
50

Preparer

Firm
Linton Shafer Warfield & Garrett PA CPAs
Address
201 Thomas Johnson Drive, Frederick, MD 21702
Preparer
JOSEPH M McCATHRAN
Phone
3016629200
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Webinars - Live industry presentations VIA the web and conference calling. OTHER PROGRAM SERVICES 5: Safety Awards - Awards given that recognize work place safety achievements for the industry. OTHER PROGRAM SERVICES 6: Day with Tech advisor - Provides specialized, custom employee training that is plant specific. OTHER PROGRAM SERVICES 7: Directory - A listing of members including contact information and Allied Members company descriptions. OTHER PROGRAM SERVICES 8: Other Education - Other education programs provided to members. OTHER PROGRAM SERVICES 9: Membership Services

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IRS990/MissionDesc0An international trade organization representing the entire spectrum of companies involved in the manufacturing of biscuits and crackers and the suppliers to the baking industry. Our mission is to bring unparralleled educational training and networking opportunities to members.
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IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
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IRS990/OfficeExpensesGrp/TotalAmt09284
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IRS990/OnBehalfOfIssuerInd0false
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IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt03053
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt053147
IRS990/OtherExpensesGrp/Desc0MEMBERSHIP PROMOTION
IRS990/OtherExpensesGrp/Desc1Correspondence course
IRS990/OtherExpensesGrp/Desc2Bank and credit card fees
IRS990/OtherExpensesGrp/Desc3Telephone
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IRS990/OtherExpensesGrp/TotalAmt138417
IRS990/OtherExpensesGrp/TotalAmt218523
IRS990/OtherExpensesGrp/TotalAmt37754
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IRS990/PensionPlanContributionsGrp/TotalAmt035559
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt030075
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015673
IRS990/PrincipalOfficerNm0DAVE VAN LAAR
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IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
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IRS990/ProgramServiceRevenueGrp/Desc0Annual meeting regis
IRS990/ProgramServiceRevenueGrp/Desc1Correspondence course
IRS990/ProgramServiceRevenueGrp/Desc2DAY WITH TECH ADVISOR
IRS990/ProgramServiceRevenueGrp/Desc3Membership Dues & Assessments
IRS990/ProgramServiceRevenueGrp/Desc4Technical conference
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt219873
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3523852
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4211011
IRS990/ProgSrvcAccomActy2Grp/Desc0Technical conference: Technical presentations that discuss industry information, training and current industry changes and trends to members.
IRS990/ProgSrvcAccomActy3Grp/Desc0Education programs including our correspondence course, on-line programs and webinars. Our correspondence course is a 2 year advanced training program. Our on-line programs include both our Entry Level and Mid-Level training programs which focus on line baking procedures and techniques. Webinars cover industry hot topics.
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IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt061874
IRS990ScheduleD/RevenueNotReportedAmt0-21615
IRS990ScheduleD/RevenueSubtotalAmt01028780
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07116
IRS990ScheduleD/TotalExpensesPerForm990Amt01086870
IRS990ScheduleD/TotalRevenuePerForm990Amt01028780
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IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01086870
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER PROGRAM SERVICES 4: Webinars - Live industry presentations VIA the web and conference calling. OTHER PROGRAM SERVICES 5: Safety Awards - Awards given that recognize work place safety achievements for the industry. OTHER PROGRAM SERVICES 6: Day with Tech advisor - Provides specialized, custom employee training that is plant specific. OTHER PROGRAM SERVICES 7: Directory - A listing of members including contact information and Allied Members company descriptions. OTHER PROGRAM SERVICES 8: Other Education - Other education programs provided to members. OTHER PROGRAM SERVICES 9: Membership Services
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Members consist of companies involved in and suppliers to the manufacturing of biscuits and crackers in the baking industry.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A draft copy of the Form 990 is provided to the President and members of the Board of Directors Finance Committee for review and approval prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Compensation of the President is reviewed and approved by the Executive Committee of the Board of Directors using salaries of other comparable trade associations in the Washington D.C. metropolitan area.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Governing documents, policies, and financial statements are made available at the Association's office upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d: Other Program Services Description
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
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IRS990/TerminateOperationsInd0false
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00

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