Civic Intelligence

Produce Perks Midwest Inc.

990 • Fiscal year 2017 • EIN 47-5000763

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 06, 2018

3600 Park 42 DrCincinnati, OH 45241

(513) 357-7426

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

83rd percentile

30%

Higher net margin than 83% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

96th percentile

$73,245

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 22.5% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

98th percentile

504%

Faster asset growth than 98% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

99th percentile

647%

Faster revenue growth than 99% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$115,647

Up $96,492 (+504%) from 2016

Net Assets

Up

$115,647

Up $96,492 (+504%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$325,114

Up $281,596 (+647%) from 2016

Expenses

Up

$228,622

Up $204,259 (+838%) from 2016

Net Income

Up

$96,492

Up $77,337 (+404%) from 2016

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 2016: $19,155Liabilities 2016: $0Net Assets 2016: $19,1552016Assets 2017: $115,647Liabilities 2017: $0Net Assets 2017: $115,6472017Assets 2018: $204,063Liabilities 2018: $66,860Net Assets 2018: $137,2032018Assets 2019: $283,964Liabilities 2019: $157,518Net Assets 2019: $126,4462019Assets 2020: $790,948Liabilities 2020: $382,928Net Assets 2020: $408,0202020Assets 2021: $1,064,300Liabilities 2021: $550,397Net Assets 2021: $513,9032021Assets 2022: $1,805,289Liabilities 2022: $818,277Net Assets 2022: $987,0122022Assets 2023: $1,739,293Liabilities 2023: $597,577Net Assets 2023: $1,141,7162023Assets 2024: $1,721,273Liabilities 2024: $610,019Net Assets 2024: $1,111,2542024

Highlighted filing

2017

Assets$115,647
Liabilities$0
Net Assets$115,647

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2016: $43,518Expenses 2016: $24,363Net Income 2016: $19,1552016Revenue 2017: $325,114Expenses 2017: $228,622Net Income 2017: $96,4922017Revenue 2018: $488,788Expenses 2018: $464,435Net Income 2018: $24,3532018Revenue 2019: $986,533Expenses 2019: $997,290Net Income 2019: -$10,7572019Revenue 2020: $2,151,589Expenses 2020: $1,870,015Net Income 2020: $281,5742020Revenue 2021: $2,299,068Expenses 2021: $2,230,401Net Income 2021: $68,6672021Revenue 2022: $3,732,714Expenses 2022: $3,259,605Net Income 2022: $473,1092022Revenue 2023: $3,280,045Expenses 2023: $3,125,341Net Income 2023: $154,7042023Revenue 2024: $3,637,867Expenses 2024: $3,668,329Net Income 2024: -$30,4622024

Highlighted filing

2017

Revenue$325,114
Expenses$228,622
Net Income$96,492
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 6, 2018
Return Version
2017v2.3
Gross Receipts
$337,667
Mission and Program Overview

Mission

To improve the health of under-served communities by increasing affordable access to healthy food.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$19,155$115,647▲ $96,492
Total Assets$19,155$115,647▲ $96,492
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$19,155$115,647▲ $96,492
Total Net Assets Fund Balance$19,155$115,647▲ $96,492
Total Liabilities and Net Assets / Fund Balance$19,155$115,647▲ $96,492
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tevis ForemanExecutive DirectorFT$73,245$73,245
Debbie SereniusSecretary-$40,100$40,100

Board Members and Trustees

NameTitle
J Matthew StephensPresident/CEO
Ashley YoungBoard Member
Bridget PattonBoard Member
Jacinda StephensTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$329,307
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-4,193
All Other Contributions
$320,993
Change in Net Assets
$96,492
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$150,167
Other Expenses$49,191
Grants and Similar Amounts Paid$29,264
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$102,011$11,334-$113,345
Grants to Domestic Orgs$29,264--$29,264
Other Salaries and Wages$25,535$2,837-$28,372
Fees for Services Other$19,557$2,173-$21,730
Fees for Services Accounting$14,904$1,656-$16,560
Payroll Taxes$7,605$845-$8,450
Travel$5,769--$5,769
Office Expenses$2,704$300-$3,004
Insurance-$648-$648
Other Expenses$1,119$35-$35
Total Functional Expenses$208,468$20,154$0$228,622
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$12,553
Fundraising Gross Income$8,360
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Debbie SereniusBoard SecretaryTransactions With Nutrition Advantage, Owned by Debbie Serenius, for Contract ServicesNo$40,100
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Matthew stephens and jacinda stephens are husband and wife.

Form 990, Part VI, Section A, Line 6

This entity is established with membership interests that govern the not-for-profit nature of the organization.

Form 990, Part VI, Section A, Line 7A

New members may be elected by a majority vote of the current members.

Form 990, Part VI, Section A, Line 7B

Actions may be decided by the members either in writing or at a formal meeting of the members.

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

Membership was presented with form 990 to review. Members subsequently voted to approve the filing. No review was conducted or will be conducted.

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

Members evaluate the conflict of interest policy annually at a minimum.

Form 990, Part VI, Section C, Line 19

The organization's governing documents and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Produce Perks Midwest Inc
EIN
47-5000763
Phone
5133577426
Address
3600 PARK 42 DR, CINCINNATI, OH 45241

Signing Officer

Name
J Matthew Stephens
Title
Member
Phone
5133577426
Signed
2018-08-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
J Matthew Stephens
Formed
2015
Legal Domicile
Oh
Voting Board Members
6
Independent Board Members
4
Employees
2
Volunteers
15

Preparer

Firm
Flagel Huber Flagel
Address
3400 SOUTH DIXIE DRIVE, DAYTON, OH 45439
Preparer
Charles Craft
Phone
9372993400
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The process for overseeing the selection of an independent accountant has not changed since the prior year.

Raw XML Appendix340 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.

Path#Value
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IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO IMPROVE THE HEALTH OF UNDER-SERVED COMMUNITIES BY INCREASING AFFORDABLE ACCESS TO HEALTHY FOOD.
IRS990/AllOtherContributionsAmt0320993
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum05133577426
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03600 PARK 42 DR
IRS990/BooksInCareOfDetail/USAddress/CityNm0CINCINNATI
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IRS990/Desc0INCREASING ACCESSIBILITY, AFFORDABILITY, AND CONSUMPTION OF HEALTHFUL FOODS FOR VULNERABLE POPULATIONS WHILE SUPPORTING REGIONAL FARMERS AND SUSTAINING LOCAL ECONOMIES.
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IRS990/Form990PartVIISectionAGrp/PersonNm1TEVIS FOREMAN
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IRS990/Form990PartVIISectionAGrp/PersonNm3JACINDA STEPHENS
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt173245
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
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IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MATTHEW STEPHENS AND JACINDA STEPHENS ARE HUSBAND AND WIFE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THIS ENTITY IS ESTABLISHED WITH MEMBERSHIP INTERESTS THAT GOVERN THE NOT-FOR-PROFIT NATURE OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NEW MEMBERS MAY BE ELECTED BY A MAJORITY VOTE OF THE CURRENT MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACTIONS MAY BE DECIDED BY THE MEMBERS EITHER IN WRITING OR AT A FORMAL MEETING OF THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MEMBERSHIP WAS PRESENTED WITH FORM 990 TO REVIEW. MEMBERS SUBSEQUENTLY VOTED TO APPROVE THE FILING. NO REVIEW WAS CONDUCTED OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MEMBERS EVALUATE THE CONFLICT OF INTEREST POLICY ANNUALLY AT A MINIMUM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE PROCESS FOR OVERSEEING THE SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED SINCE THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII, LINE 2C
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IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0325114
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt019155
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0115647
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt05769
IRS990/TravelGrp/TotalAmt05769
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt019155
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0115647
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03600 PARK 42 DR
IRS990/USAddress/CityNm0CINCINNATI
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd045241
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.PRODUCEPERKS.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0J MATTHEW STEPHENS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MEMBER
ReturnHeader/BusinessOfficerGrp/PhoneNum05133577426
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-08-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PRODUCE PERKS MIDWEST INC
ReturnHeader/Filer/BusinessNameControlTxt0PROD
ReturnHeader/Filer/EIN0475000763
ReturnHeader/Filer/PhoneNum05133577426
ReturnHeader/Filer/USAddress/AddressLine1Txt03600 PARK 42 DR
ReturnHeader/Filer/USAddress/CityNm0CINCINNATI
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd045241
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId07BD84CBB91DB2AF20A3C9B85217FA7969D6867F4
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId07BD84CBB91DB2AF20A3C9B85217FA7969D6867F4
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt074.218.208.164
ReturnHeader/FilingSecurityInformation/IPDt02018-08-06
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm016:06:18
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0310796034
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FLAGEL HUBER FLAGEL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03400 SOUTH DIXIE DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DAYTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd045439
ReturnHeader/PreparerPersonGrp/PhoneNum09372993400
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHARLES CRAFT
ReturnHeader/ReturnTs02018-09-04T13:42:59-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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