Civic Intelligence

Foremost Farms USA Charitable Foundation Inc.

990EZ • Fiscal year 2019 • EIN 39-1964655

Jan 01, 2019 to Dec 31, 2019 • Filed on Feb 06, 2020

10889 Penny LaneBaraboo, WI 53913

(608) 355-8793

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

52nd percentile

4.2%

Higher net margin than 52% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

48th percentile

1.0%

Faster asset growth than 48% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

77th percentile

27%

Faster revenue growth than 77% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$257,093

Up $2,656 (+1.0%) from 2018

Net Assets

Up

$257,093

Up $2,656 (+1.0%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$63,307

Up $13,571 (+27%) from 2018

Expenses

Up

$60,651

Up $9,876 (+19%) from 2018

Net Income

Up

$2,656

Up $3,695 (+356%) from 2018

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $118,365Liabilities 2011: $02011Assets 2012: $119,273Liabilities 2012: $02012Assets 2013: $117,753Liabilities 2013: $02013Assets 2014: $125,824Liabilities 2014: $0Net Assets 2014: $125,8242014Assets 2015: $263,120Liabilities 2015: $0Net Assets 2015: $263,1202015Assets 2016: $262,182Liabilities 2016: $0Net Assets 2016: $262,1822016Assets 2017: $255,476Liabilities 2017: $0Net Assets 2017: $255,4762017Assets 2018: $254,437Liabilities 2018: $0Net Assets 2018: $254,4372018Assets 2019: $257,093Liabilities 2019: $0Net Assets 2019: $257,0932019Assets 2020: $212,518Liabilities 2020: $0Net Assets 2020: $212,5182020Assets 2021: $262,215Liabilities 2021: $0Net Assets 2021: $262,2152021Assets 2022: $291,990Liabilities 2022: $0Net Assets 2022: $291,9902022Assets 2023: $306,484Liabilities 2023: $0Net Assets 2023: $306,4842023Assets 2024: $278,627Liabilities 2024: $0Net Assets 2024: $278,6272024

Highlighted filing

2019

Assets$257,093
Liabilities$0
Net Assets$257,093

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $105,186Expenses 2011: $118,819Net Income 2011: -$13,6332011Revenue 2012: $86,218Expenses 2012: $85,310Net Income 2012: $9082012Revenue 2013: $84,490Expenses 2013: $86,009Net Income 2013: -$1,5192013Revenue 2014: $55,092Expenses 2014: $47,021Net Income 2014: $8,0712014Revenue 2015: $180,817Expenses 2015: $43,521Net Income 2015: $137,2962015Revenue 2016: $51,539Expenses 2016: $52,477Net Income 2016: -$9382016Revenue 2017: $55,831Expenses 2017: $62,537Net Income 2017: -$6,7062017Revenue 2018: $49,736Expenses 2018: $50,775Net Income 2018: -$1,0392018Revenue 2019: $63,307Expenses 2019: $60,651Net Income 2019: $2,6562019Revenue 2020: $3,639Expenses 2020: $48,214Net Income 2020: -$44,5752020Revenue 2021: $108,404Expenses 2021: $58,707Net Income 2021: $49,6972021Revenue 2022: $51,097Expenses 2022: $48,292Net Income 2022: $2,8052022Revenue 2023: $48,393Expenses 2023: $77,801Net Income 2023: -$29,4082023Revenue 2024: $100,073Expenses 2024: $53,407Net Income 2024: $46,6662024

Highlighted filing

2019

Revenue$63,307
Expenses$60,651
Net Income$2,656
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Feb 6, 2020
Return Version
2019v5.0
Gross Receipts
$88,896
Mission and Program Overview

Mission

The foundation provides up to a total of 20, $2,000 post-high school scholarships for dependents of foremost farms usa employees and dependents of dairy farmers who are members of the foremost farms usa dairy cooperative.

Program Services

DescriptionGrantsExpenses
PROVIDE UP TO 20, $2,000 POST-HIGH SCHOOL SCHOLARSHIPS FOR DEPENDENTS OF FOREMOST FARMS USA EMPLOYEES AND DEPENDENTS$40,500$44,909
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
VIRGINIA HENDRICKSPresident-$0--
KELSEY FISKDirector-$0--
DARIN HANSONDirector-$0--
ROSEMARY RAYSORTreasurer-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$83,508$68,508$14,712$53,796
Total Events$83,508$68,508$25,589$42,919
Filing and Contact Details

Filer

Filer Name
Foremost Farms USA Charitable Foundation
EIN
39-1964655
Phone
6083558793
Address
10889 PENNY LANE, BARABOO, WI 53913

Signing Officer

Name
Rosemary Raysor
Title
Treasurer
Phone
6083558793
Signed
2020-02-06
Discuss with paid preparer
Yes

Preparer

Firm
Mbe Cpas Llp
Address
E10890 PENNY LN/PO BOX 163, BARABOO, WI 53913
Preparer
Timothy Moy CPA
Phone
6083567733
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: dividend income-summit cd . Amount: 1,593. Description: interest income . Amount: 20. Total included on form 990-ez, line 4: 1,613.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: scholarships. Grantee name: post-highschool students. Grantee relationship: dependent of a foremost farms usa employee or of a member of the cooperative. Amount given: 40,500.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: bank service charges . Amount: 37. Description: licenses and permits . Amount: 64. Description: scholarship admin fees . Amount: 2,650. Description: fundraising events . Amount: 16,669. Total to form 990-ez, line 16: 19,420.

Raw XML Appendix192 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0VIRGINIA HENDRICKS
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DARIN HANSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ROSEMARY RAYSOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt019420
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE FOUNDATION PROVIDES UP TO A TOTAL OF 20, $2,000 POST-HIGH SCHOOL SCHOLARSHIPS FOR DEPENDENTS OF FOREMOST FARMS USA EMPLOYEES AND DEPENDENTS OF DAIRY FARMERS WHO ARE MEMBERS OF THE FOREMOST FARMS USA DAIRY COOPERATIVE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE UP TO 20, $2,000 POST-HIGH SCHOOL SCHOLARSHIPS FOR DEPENDENTS OF FOREMOST FARMS USA EMPLOYEES AND DEPENDENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt040500
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt044909
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt025589
IRS990EZ/SpecialEventsNetIncomeLossAmt042919
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0WI
IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt08802
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt014712
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DIVIDEND INCOME-SUMMIT CD . AMOUNT: 1,593. DESCRIPTION: INTEREST INCOME . AMOUNT: 20. TOTAL INCLUDED ON FORM 990-EZ, LINE 4: 1,613.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: SCHOLARSHIPS. GRANTEE NAME: POST-HIGHSCHOOL STUDENTS. GRANTEE RELATIONSHIP: DEPENDENT OF A FOREMOST FARMS USA EMPLOYEE OR OF A MEMBER OF THE COOPERATIVE. AMOUNT GIVEN: 40,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: BANK SERVICE CHARGES . AMOUNT: 37. DESCRIPTION: LICENSES AND PERMITS . AMOUNT: 64. DESCRIPTION: SCHOLARSHIP ADMIN FEES . AMOUNT: 2,650. DESCRIPTION: FUNDRAISING EVENTS . AMOUNT: 16,669. TOTAL TO FORM 990-EZ, LINE 16: 19,420.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02020-09-23 17:36:50Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0ROSEMARY RAYSOR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06083558793
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-02-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FOREMOST FARMS USA CHARITABLE FOUNDATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INC
ReturnHeader/Filer/BusinessNameControlTxt0FORE
ReturnHeader/Filer/EIN0391964655
ReturnHeader/Filer/PhoneNum06083558793
ReturnHeader/Filer/USAddress/AddressLine1Txt010889 PENNY LANE
ReturnHeader/Filer/USAddress/CityNm0BARABOO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd053913
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0162.245.183.60
ReturnHeader/FilingSecurityInformation/IPDt02020-02-06
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm019:21:14
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200794302
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MBE CPAS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0E10890 PENNY LN/PO BOX 163
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BARABOO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd053913
ReturnHeader/PreparerPersonGrp/PhoneNum06083567733
ReturnHeader/PreparerPersonGrp/PreparationDt02020-02-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TIMOTHY MOY CPA
ReturnHeader/ReturnTs02020-03-16T12:06:46-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.79$0.00$2.79$1.00$0.53$0.47
2023Detailed filing. Detailed filing data is available for this year.$3.06$0.00$3.06$0.48$0.78$0.29
2022Detailed filing. Detailed filing data is available for this year.$2.92$0.00$2.92$0.51$0.48$0.03
2021Detailed filing. Detailed filing data is available for this year.$2.62$0.00$2.62$1.08$0.59$0.50
2020Detailed filing. Detailed filing data is available for this year.$2.13$0.00$2.13$0.04$0.48$0.45
2019Detailed filing. Detailed filing data is available for this year.$2.57$0.00$2.57$0.63$0.61$0.03
2018Detailed filing. Detailed filing data is available for this year.$2.54$0.00$2.54$0.50$0.51$0.01
2017Detailed filing. Detailed filing data is available for this year.$2.55$0.00$2.55$0.56$0.63$0.07
2016Detailed filing. Detailed filing data is available for this year.$2.62$0.00$2.62$0.52$0.52$0.01
2015Detailed filing. Detailed filing data is available for this year.$2.63$0.00$2.63$1.81$0.44$1.37
2014Detailed filing. Detailed filing data is available for this year.$1.26$0.00$1.26$0.55$0.47$0.08
2013Summary only. Only limited summary data is available for this year.$1.18$0.00$0.84$0.86$0.02
2012Summary only. Only limited summary data is available for this year.$1.19$0.00$0.86$0.85$0.01
2011Summary only. Only limited summary data is available for this year.$1.18$0.00$1.05$1.19$0.14