Civic Intelligence

Sandhills Cattle Assn

990 • Fiscal year 2022 • EIN 47-0289154

Nov 01, 2021 to Oct 31, 2022 • Filed on Jul 07, 2023

904 E Hwy 20 Suite 1Valentine, NE 69201

(402) 376-2310

Siviq Scores

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

Liabilities / Assets

87th percentile

0.08x

Higher debt load relative to assets than 87% of similar nonprofits.

2022 filings • 501(c)5 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

75th percentile

0.02x

Higher debt load relative to revenue than 75% of similar nonprofits.

2022 filings • 501(c)5 • <$500k nonprofits • Source year 2022

Net Margin

29th percentile

-7.0%

Higher net margin than 29% of similar nonprofits.

2022 filings • 501(c)5 • <$500k nonprofits • Source year 2022

Top Officer Pay

84th percentile

$17,287

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

2022 filings • 501(c)5 • <$500k nonprofits • Source year 2022

Asset Growth

15th percentile

-17%

Faster asset growth than 15% of similar nonprofits.

2022 filings • 501(c)5 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

91st percentile

40%

Faster revenue growth than 91% of similar nonprofits.

2022 filings • 501(c)5 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$123,252

Down $25,374 (-17%) from 2021

Net Assets

Down

$113,600

Down $30,613 (-21%) from 2021

Liabilities

Up

$9,652

Up $5,239 (+119%) from 2021

Revenue

Up

$439,205

Up $124,538 (+40%) from 2021

Expenses

Up

$469,818

Up $145,369 (+45%) from 2021

Net Income

Down

-$30,613

Down $20,831 (-213%) from 2021

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $50,854Liabilities 2011: $3,056Net Assets 2011: $47,7982011Assets 2012: $102,329Liabilities 2012: $899Net Assets 2012: $101,4302012Assets 2013: $123,646Liabilities 2013: $0Net Assets 2013: $123,6462013Assets 2014: $155,663Liabilities 2014: $0Net Assets 2014: $155,6632014Assets 2015: $186,265Liabilities 2015: $600Net Assets 2015: $185,6652015Assets 2016: $176,422Liabilities 2016: $0Net Assets 2016: $176,4222016Assets 2017: $253,332Liabilities 2017: $0Net Assets 2017: $253,3322017Assets 2019: $149,785Liabilities 2019: $1,619Net Assets 2019: $148,1662019Assets 2020: $162,296Liabilities 2020: $8,301Net Assets 2020: $153,9952020Assets 2021: $148,626Liabilities 2021: $4,413Net Assets 2021: $144,2132021Assets 2022: $123,252Liabilities 2022: $9,652Net Assets 2022: $113,6002022Assets 2023: $72,333Liabilities 2023: $11,456Net Assets 2023: $60,8772023Assets 2024: $36,505Liabilities 2024: $12,653Net Assets 2024: $23,8522024

Highlighted filing

2022

Assets$123,252
Liabilities$9,652
Net Assets$113,600

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $163,457Expenses 2011: $150,777Net Income 2011: $12,6802011Revenue 2012: $207,190Expenses 2012: $153,558Net Income 2012: $53,6322012Revenue 2013: $179,543Expenses 2013: $157,327Net Income 2013: $22,2162013Revenue 2014: $360,987Expenses 2014: $328,970Net Income 2014: $32,0172014Revenue 2015: $382,408Expenses 2015: $352,406Net Income 2015: $30,0022015Revenue 2016: $301,602Expenses 2016: $310,845Net Income 2016: -$9,2432016Revenue 2017: $375,304Expenses 2017: $298,394Net Income 2017: $76,9102017Revenue 2019: $253,024Expenses 2019: $272,439Net Income 2019: -$19,4152019Revenue 2020: $339,080Expenses 2020: $333,251Net Income 2020: $5,8292020Revenue 2021: $314,667Expenses 2021: $324,449Net Income 2021: -$9,7822021Revenue 2022: $439,205Expenses 2022: $469,818Net Income 2022: -$30,6132022Revenue 2023: $318,280Expenses 2023: $371,003Net Income 2023: -$52,7232023Revenue 2024: $213,045Expenses 2024: $250,070Net Income 2024: -$37,0252024

Highlighted filing

2022

Revenue$439,205
Expenses$469,818
Net Income-$30,613
Jump To
Filing Snapshot
Filing Period
Nov 1, 2021 to Oct 31, 2022
Signed
Jul 7, 2023
Return Version
2021v4.0
Gross Receipts
$457,684
Mission and Program Overview

Mission

For the advertising, promotion, and advancement of the beef cattle industry in the sandhills area.

For the advertising, promotion, and advancement of the beef cattle industry in the sandhills area

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$144,213$113,600▼ $30,613
Savings and Temporary Cash Investments$122,899$94,149▼ $28,750
Accounts Receivable$2,229$16,046▲ $13,817
Cash and Non-Interest-Bearing Accounts$23,498$12,807▼ $10,691
Total Assets$148,626$123,252▼ $25,374
Other Assets Total-$250-
Liabilities
Accounts Payable and Accrued Expenses$4,413$8,077▲ $3,664
Other Liabilities-$1,575-
Total Liabilities$4,413$9,652▲ $5,239
Net Assets / Fund Balance
Total Net Assets Fund Balance$144,213$113,600▼ $30,613
Total Liabilities and Net Assets / Fund Balance$148,626$123,252▼ $25,374
Compensation and Service Providers

Employees

NameTitleBaseTotal
Kami FreemanExecutive Di$17,287$17,287

Board Members and Trustees

NameTitle
Darian FuelberthPresident
Bradley CardinalDirector
Chad JohnstonDirector
Dean ChurchillDirector
Drew FellerDirector
Jared StorerDirector
Katie Kaliff-jagelsDirector
Kurt ArganbrightDirector
Richard FairheadDirector
Rod GrayDirector
Sam HuntDirector
Sarah RippeDirector
Valerie MatulkaDirector
Wesley KilmurryDirector
Rick MarlattVice Preside
Ryan AdamsonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$114,688
Program Service Revenue
$322,169
Investment Income
$320
Other Revenue
$2,028
All Other Contributions
$100
Change in Net Assets
$-30,613
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$396,129
Salaries, Compensation, and Employee Benefits$73,689
Total Fundraising Expense$21,862
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$54,629$13,743$2,812$71,184
Other Salaries and Wages$17,839$14,455$16,873$49,167
Occupancy$9,628$11,990-$21,618
Comp Disqual Persons$14,437--$14,437
Fees for Services Other$13,179--$13,179
All Other Expenses$11,429$611$214$12,254
Advertising$4,802$2,235$1,473$8,510
Fees for Services Accounting-$6,808-$6,808
Payroll Taxes-$6,088-$6,088
Current Officers, Directors, Trustees, and Key Employees$3,997--$3,997
Other Expenses$3,569$2,642$490$3,132
Insurance$250$1,546-$1,796
Travel$1,300$464-$1,764
Conferences and Meetings$1,048--$1,048
Interest-$24-$24
Total Functional Expenses$387,350$60,606$21,862$469,818
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$20,474
Fundraising Direct Expenses$18,479
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction-scholar$12,924$12,924$11,770$1,154
Golf Tournament$7,550$7,550$6,709$841
Total Events$20,474$20,474$18,479$1,995
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card$1,575
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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 6

ORGANIZED WITH MEMBERS

Form 990, Page 6, Part VI, Line 7A

The governing board is elected by the members of the organization

Form 990, Page 6, Part VI, Line 9

Elysabeth kierl po box 786 valentine, ne 69201

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

Form 990 is available in the offices of sandhills cattle association for inspection by the governing board after it is received from the accountant

Form 990, Page 6, Part VI, Line 19

Form 990 is available in the offices of sandhills cattle association for inspection by the governing board after it is received from the accountant

Filing and Contact Details

Filer

Filer Name
Sandhills Cattle Assn
EIN
47-0289154
Phone
4023762310
Address
904 E HWY 20 SUITE 1, VALENTINE, NE 69201

Signing Officer

Name
Kami Freeman
Title
Executive Director
Phone
4023762310
Signed
2023-07-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kami Freeman
Formed
1939
Legal Domicile
Ne
Voting Board Members
16
Independent Board Members
16
Employees
3

Preparer

Firm
Erin R Heath CPA
Address
PO BOX 214, CODY, NE 69211-0214
Preparer
Erin R Heath CPA
Phone
4028234057
Supplemental Narrative

Additional Explanations

Form 990

Individuals assist in conventions and ranch tours by volunteering time and rescources.

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

OTHER

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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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IRS990/ProgSrvcAccomActy3Grp/Desc0PROMOTION OF THE SANDHILLS AREA BEEF CATTLE THROUGH AN ANNUAL CONVENTION AND SCHOLARSHIPS AWARDED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INDIVIDUALS ASSIST IN CONVENTIONS AND RANCH TOURS BY VOLUNTEERING TIME AND RESCOURCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OTHER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZED WITH MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING BOARD IS ELECTED BY THE MEMBERS OF THE ORGANIZATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ELYSABETH KIERL PO BOX 786 VALENTINE, NE 69201
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FORM 990 IS AVAILABLE IN THE OFFICES OF SANDHILLS CATTLE ASSOCIATION FOR INSPECTION BY THE GOVERNING BOARD AFTER IT IS RECEIVED FROM THE ACCOUNTANT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FORM 990 IS AVAILABLE IN THE OFFICES OF SANDHILLS CATTLE ASSOCIATION FOR INSPECTION BY THE GOVERNING BOARD AFTER IT IS RECEIVED FROM THE ACCOUNTANT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KAMI FREEMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04023762310
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-07-07
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ReturnHeader/Filer/PhoneNum04023762310
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ReturnHeader/Filer/USAddress/CityNm0VALENTINE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NE
ReturnHeader/Filer/USAddress/ZIPCd069201

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