Civic Intelligence

Nebraska Beef Council

990 • Fiscal year 2019 • EIN 47-0749350

Oct 01, 2018 to Sep 30, 2019 • Filed on Jan 29, 2020

PO Box 2108Kearney, NE 68848

(308) 236-7551

Siviq Scores

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

Liabilities / Assets

91st percentile

0.32x

Higher debt load relative to assets than 91% of similar nonprofits.

2019 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

85th percentile

0.21x

Higher debt load relative to revenue than 85% of similar nonprofits.

2019 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2019

Net Margin

45th percentile

5.2%

Higher net margin than 45% of similar nonprofits.

2019 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

17th percentile

$0

Higher top officer pay than 17% of similar nonprofits.

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

2019 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2019

Asset Growth

46th percentile

5.0%

Faster asset growth than 46% of similar nonprofits.

2019 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

36th percentile

-0.6%

Faster revenue growth than 36% of similar nonprofits.

2019 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$2,407,936

Up $114,378 (+5.0%) from 2018

Net Assets

Up

$1,635,410

Up $192,394 (+13%) from 2018

Liabilities

Down

$772,526

Down $78,016 (-9.2%) from 2018

Revenue

Down

$3,694,493

Down $21,758 (-0.6%) from 2018

Expenses

Down

$3,502,099

Down $352,082 (-9.1%) from 2018

Net Income

Up

$192,394

Up $330,324 (+239%) from 2018

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,805,036Liabilities 2011: $667,415Net Assets 2011: $1,137,6212011Assets 2012: $1,806,424Liabilities 2012: $714,944Net Assets 2012: $1,091,4802012Assets 2013: $1,695,955Liabilities 2013: $734,350Net Assets 2013: $961,6052013Assets 2014: $1,855,275Liabilities 2014: $678,092Net Assets 2014: $1,177,1832014Assets 2015: $1,787,627Liabilities 2015: $631,416Net Assets 2015: $1,156,2112015Assets 2016: $2,418,532Liabilities 2016: $1,125,626Net Assets 2016: $1,292,9062016Assets 2017: $2,213,163Liabilities 2017: $632,217Net Assets 2017: $1,580,9462017Assets 2018: $2,293,558Liabilities 2018: $850,542Net Assets 2018: $1,443,0162018Assets 2019: $2,407,936Liabilities 2019: $772,526Net Assets 2019: $1,635,4102019Assets 2020: $3,062,233Liabilities 2020: $1,209,637Net Assets 2020: $1,852,5962020Assets 2021: $2,854,630Liabilities 2021: $653,794Net Assets 2021: $2,200,8362021Assets 2022: $3,014,074Liabilities 2022: $651,158Net Assets 2022: $2,362,9162022Assets 2023: $3,352,348Liabilities 2023: $688,264Net Assets 2023: $2,664,0842023Assets 2024: $3,468,928Liabilities 2024: $616,175Net Assets 2024: $2,852,7532024Assets 2025: $3,555,686Liabilities 2025: $608,127Net Assets 2025: $2,947,5592025

Highlighted filing

2019

Assets$2,407,936
Liabilities$772,526
Net Assets$1,635,410

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $3,551,4872011Revenue 2012: $3,730,318Expenses 2012: $3,776,459Net Income 2012: -$46,1412012Expenses 2013: $3,830,9432013Revenue 2014: $3,527,582Expenses 2014: $3,312,004Net Income 2014: $215,5782014Revenue 2015: $3,460,227Expenses 2015: $3,481,199Net Income 2015: -$20,9722015Revenue 2016: $3,493,710Expenses 2016: $3,357,015Net Income 2016: $136,6952016Revenue 2017: $3,648,407Expenses 2017: $3,360,367Net Income 2017: $288,0402017Revenue 2018: $3,716,251Expenses 2018: $3,854,181Net Income 2018: -$137,9302018Revenue 2019: $3,694,493Expenses 2019: $3,502,099Net Income 2019: $192,3942019Revenue 2020: $3,484,695Expenses 2020: $3,267,509Net Income 2020: $217,1862020Revenue 2021: $3,600,922Expenses 2021: $3,252,682Net Income 2021: $348,2402021Revenue 2022: $3,736,619Expenses 2022: $3,574,539Net Income 2022: $162,0802022Revenue 2023: $3,687,598Expenses 2023: $3,386,430Net Income 2023: $301,1682023Revenue 2024: $3,608,003Expenses 2024: $3,419,334Net Income 2024: $188,6692024Revenue 2025: $3,598,106Expenses 2025: $3,503,299Net Income 2025: $94,8072025

Highlighted filing

2019

Revenue$3,694,493
Expenses$3,502,099
Net Income$192,394
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Jan 29, 2020
Return Version
2018v3.1
Gross Receipts
$3,694,493
Mission and Program Overview

Mission

Promotion of beef and beef products, education for consumers and the beef industry. Strengthening the demand for beef in the global marketplace through promotion, research, and education.

Promotion of beef and beef products, education for consumers and the beef industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,268,558$2,382,936▲ $114,378
Cash and Non-Interest-Bearing Accounts$25,000$25,000→ $0
Total Assets$2,293,558$2,407,936▲ $114,378
Liabilities
Accounts Payable and Accrued Expenses$850,542$772,526▼ $78,016
Total Liabilities$850,542$772,526▼ $78,016
Net Assets / Fund Balance
Unrestricted Net Assets$943,016$1,135,410▲ $192,394
Temporarily Rstr Net Assets$500,000$500,000→ $0
Total Net Assets Fund Balance$1,443,016$1,635,410▲ $192,394
Total Liabilities and Net Assets / Fund Balance$2,293,558$2,407,936▲ $114,378
Compensation and Service Providers

Board Members and Trustees

NameTitle
Buck WehrbeinDirector
Doug TemmeDirector
George CooksleyDirector
Gregg WiedelDirector
Ivan RushDirector
Jeff RudolphDirector
Jim RammDirector
Michele CutlerDirector
Rosemary Vinton AndersonDirector
Ann Marie BosshamerExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,678,582
Investment Income
$15,911
Other Revenue
$0
Change in Net Assets
$192,394

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,693,435
Revenue Not Reported on Financial Statements
$1,058
Other Revenue Adjustments
$1,058
Total Revenue per Audited Statements
$3,693,435
Total Revenue per Form 990
$3,694,493
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,045,288
Salaries, Compensation, and Employee Benefits$456,811
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$232,761$124,211-$356,972
Occupancy$31,252$16,677-$47,929
Other Employee Benefits$26,666$14,230-$40,896
Pension Plan Contributions$19,729$10,529-$30,258
All Other Expenses$18,903$10,087-$28,990
Payroll Taxes$18,704$9,981-$28,685
Travel$11,078$5,911-$16,989
Fees for Services Accounting-$15,850-$15,850
Office Expenses$8,822$4,995-$13,817
Insurance$4,414$2,356-$6,770
Other Expenses$4,217$2,251-$6,468
Conferences and Meetings$1,102$588-$1,690
Fees for Services Legal-$440-$440
Total Functional Expenses$3,216,963$285,136$0$3,502,099

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,542,251
Expenses per Audited Statements$3,502,099
Total Expenses per Form 990$3,502,099
Expenses Not Reported on Form 990$40,152
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
Yes
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, Section B, Line 15B

The Personnel/Compensation committe develops recommendations for compensation by reviewing wages for comparable positions and experience. These recommendations are then presented to the entire board of directors, who either approve or change those recommendations. The Board of Directors is composed of individuals with extensive business and industry experience, who are knowledgable about setting compensation levels.

Form 990, Part VI, Section B, Line 12C

Directors and employees must annually fill out the conflict of interest disclosure and submit it to the executive Director. Should a conflict arise with one of the directors, then that director would abstain from voting on the matter involving the conflict of interest. Should an employee have a conflict of interest, then other oversight procedures would be invoked to prevent any problems.

Form 990, Part VI, Section B, Line 11B

The Form 990 is due February 15th of each year. The 990 is reviewed by the entire board of directors at the January board meeting. If, for some reason that is not possible, the form is then reviewed at the next board meeting, which usually occurs in March.

Form 990, Part VI, Section C, Line 19

The Nebraska Beef Council makes the required documents available to the public upon request at their office in Kearney, Nebraska.

Filing and Contact Details

Filer

Filer Name
Nebraska Beef Council
EIN
47-0749350
Phone
3082367551
Address
PO BOX 2108, KEARNEY, NE 68848

Signing Officer

Name
Ann Marie Bosshamer
Title
Executive Director
Signed
2020-01-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ann Marie Bosshamer
Formed
1991
Legal Domicile
Ne
Voting Board Members
9
Independent Board Members
9
Employees
6

Preparer

Firm
Bentley & Kisker PC
Address
PO Box 1034, Kearney, NE 68848
Preparer
Sandi J Bentley
Phone
3082377873
Supplemental Narrative

Financial Statement Notes

XI 4B

Cash to accrual adjustment

XII 2D

Cash to accrual adjustment

Raw XML Appendix376 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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IRS990/PYTotalRevenueAmt03716251
IRS990/ReconcilationRevenueExpnssAmt0192394
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02268558
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02382936
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesNotReportedAmt040152
IRS990ScheduleD/ExpensesSubtotalAmt03502099
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherExpensesIncludedAmt040152
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherRevenuesNotIncludedAmt01058
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt01058
IRS990ScheduleD/RevenueSubtotalAmt03693435
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Cash to accrual adjustment
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Cash to accrual adjustment
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0XI 4b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1XII 2d
IRS990ScheduleD/TotalExpensesPerForm990Amt03502099
IRS990ScheduleD/TotalRevenuePerForm990Amt03694493
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03693435
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03542251
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Personnel/Compensation committe develops recommendations for compensation by reviewing wages for comparable positions and experience. These recommendations are then presented to the entire board of directors, who either approve or change those recommendations. The Board of Directors is composed of individuals with extensive business and industry experience, who are knowledgable about setting compensation levels.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Directors and employees must annually fill out the conflict of interest disclosure and submit it to the executive Director. Should a conflict arise with one of the directors, then that director would abstain from voting on the matter involving the conflict of interest. Should an employee have a conflict of interest, then other oversight procedures would be invoked to prevent any problems.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Form 990 is due February 15th of each year. The 990 is reviewed by the entire board of directors at the January board meeting. If, for some reason that is not possible, the form is then reviewed at the next board meeting, which usually occurs in March.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Nebraska Beef Council makes the required documents available to the public upon request at their office in Kearney, Nebraska.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0500000
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0500000
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02293558
IRS990/TotalAssetsEOYAmt02407936
IRS990/TotalAssetsGrp/BOYAmt02293558
IRS990/TotalAssetsGrp/EOYAmt02407936
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0285136
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03216963
IRS990/TotalFunctionalExpensesGrp/TotalAmt03502099
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0850542
IRS990/TotalLiabilitiesEOYAmt0772526
IRS990/TotalLiabilitiesGrp/BOYAmt0850542
IRS990/TotalLiabilitiesGrp/EOYAmt0772526
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01443016
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01635410
IRS990/TotalProgramServiceExpensesAmt03216963
IRS990/TotalProgramServiceRevenueAmt03678582
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03694493
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03694493
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02293558
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02407936
IRS990/TravelGrp/ManagementAndGeneralAmt05911
IRS990/TravelGrp/ProgramServicesAmt011078
IRS990/TravelGrp/TotalAmt016989
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0943016
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01135410
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 2108
IRS990/USAddress/CityNm0KEARNEY
IRS990/USAddress/StateAbbreviationCd0NE
IRS990/USAddress/ZIPCd068848
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0NEBEEF.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02020-11-19 02:30:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Ann Marie Bosshamer
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-01-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEBRASKA BEEF COUNCIL
ReturnHeader/Filer/BusinessNameControlTxt0NEBR
ReturnHeader/Filer/EIN0470749350
ReturnHeader/Filer/PhoneNum03082367551
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 2108
ReturnHeader/Filer/USAddress/CityNm0KEARNEY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NE
ReturnHeader/Filer/USAddress/ZIPCd068848
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0265BDCD37815DCE60985DD0DB85F1678C9A6AA0B
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0F2F5B65C75C1A1DE68C3F5D732090E273BE48DFB
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt071.8.230.186
ReturnHeader/FilingSecurityInformation/IPDt02020-02-10
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm022:45:35
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Bentley & Kisker PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 1034
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Kearney
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd068848
ReturnHeader/PreparerPersonGrp/PhoneNum03082377873
ReturnHeader/PreparerPersonGrp/PreparationDt02020-02-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Sandi J Bentley
ReturnHeader/ReturnTs02020-02-10T04:50:54-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-10-01
ReturnHeader/TaxPeriodEndDt02019-09-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.56$0.61$2.95$3.60$3.50$0.09
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.47$0.62$2.85$3.61$3.42$0.19
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.35$0.69$2.66$3.69$3.39$0.30
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.01$0.65$2.36$3.74$3.57$0.16
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.85$0.65$2.20$3.60$3.25$0.35
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.06$1.21$1.85$3.48$3.27$0.22
2019Detailed filing. Detailed filing data is available for this year.$2.41$0.77$1.64$3.69$3.50$0.19
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.29$0.85$1.44$3.72$3.85$0.14
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.21$0.63$1.58$3.65$3.36$0.29
2016Detailed filing. Detailed filing data is available for this year.$2.42$1.13$1.29$3.49$3.36$0.14
2015Detailed filing. Detailed filing data is available for this year.$1.79$0.63$1.16$3.46$3.48$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.86$0.68$1.18$3.53$3.31$0.22
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.70$0.73$0.96$3.83
2012Summary only. Only limited summary data is available for this year.$1.81$0.71$1.09$3.73$3.78$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.81$0.67$1.14$3.55