Civic Intelligence

Flanders Industries Inc

990 • Fiscal year 2021 • EIN 58-1975329

Mar 01, 2020 to Feb 28, 2021 • Filed on Nov 02, 2021

3010 Tenth StreetMenominee, MI 49858-1704

(800) 526-9894

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.00x

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

2021 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

45th percentile

0.00x

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

2021 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2021

Net Margin

47th percentile

2.4%

Higher net margin than 47% of similar nonprofits.

2021 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

2021 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2021

Asset Growth

82nd percentile

21%

Faster asset growth than 82% of similar nonprofits.

2021 filings • 501(c)9 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

11th percentile

-29%

Faster revenue growth than 11% of similar nonprofits.

2021 filings • 501(c)9 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$228,863

Up $39,719 (+21%) from 2020

Net Assets

Up

$228,863

Up $39,719 (+21%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$1,664,183

Down $668,113 (-29%) from 2020

Expenses

Down

$1,624,241

Down $726,664 (-31%) from 2020

Net Income

Up

$39,942

Up $58,551 (+315%) from 2020

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $63,365Liabilities 2011: $0Net Assets 2011: $63,3652011Assets 2012: $91,074Liabilities 2012: $0Net Assets 2012: $91,0742012Assets 2013: $80,612Liabilities 2013: $0Net Assets 2013: $80,6122013Assets 2014: $127,939Liabilities 2014: $0Net Assets 2014: $127,9392014Assets 2015: $142,041Liabilities 2015: $0Net Assets 2015: $142,0412015Assets 2016: $169,960Liabilities 2016: $0Net Assets 2016: $169,9602016Assets 2017: $197,202Liabilities 2017: $0Net Assets 2017: $197,2022017Assets 2018: $203,105Liabilities 2018: $0Net Assets 2018: $203,1052018Assets 2019: $207,913Liabilities 2019: $0Net Assets 2019: $207,9132019Assets 2020: $189,144Liabilities 2020: $0Net Assets 2020: $189,1442020Assets 2021: $228,863Liabilities 2021: $0Net Assets 2021: $228,8632021Assets 2022: $291,790Liabilities 2022: $0Net Assets 2022: $291,7902022Assets 2023: $289,500Liabilities 2023: $0Net Assets 2023: $289,5002023Assets 2026: $0Liabilities 2026: $0Net Assets 2026: $02026

Highlighted filing

2021

Assets$228,863
Liabilities$0
Net Assets$228,863

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $936,0752011Expenses 2012: $1,068,7532012Expenses 2013: $1,122,5402013Revenue 2014: $1,108,971Expenses 2014: $1,061,635Net Income 2014: $47,3362014Revenue 2015: $1,285,622Expenses 2015: $1,271,523Net Income 2015: $14,0992015Revenue 2016: $1,818,405Expenses 2016: $1,790,479Net Income 2016: $27,9262016Revenue 2017: $1,237,941Expenses 2017: $1,210,673Net Income 2017: $27,2682017Revenue 2018: $1,364,684Expenses 2018: $1,358,712Net Income 2018: $5,9722018Revenue 2019: $1,592,985Expenses 2019: $1,588,329Net Income 2019: $4,6562019Revenue 2020: $2,332,296Expenses 2020: $2,350,905Net Income 2020: -$18,6092020Revenue 2021: $1,664,183Expenses 2021: $1,624,241Net Income 2021: $39,9422021Revenue 2022: $1,133,790Expenses 2022: $1,070,863Net Income 2022: $62,9272022Revenue 2023: $6,182Expenses 2023: $8,472Net Income 2023: -$2,2902023Revenue 2026: $0Expenses 2026: $0Net Income 2026: $02026

Highlighted filing

2021

Revenue$1,664,183
Expenses$1,624,241
Net Income$39,942
Jump To
Filing Snapshot
Filing Period
Mar 1, 2020 to Feb 28, 2021
Signed
Nov 2, 2021
Return Version
2020v4.1
Gross Receipts
$1,664,183
Mission and Program Overview

Mission

Administration of employee health and life insurance benefit plan.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$189,144$228,863▲ $39,719
Rtn Earn Endowment Incm Other Fnds$189,144$228,863▲ $39,719
Total Assets$189,144$228,863▲ $39,719
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$189,144$228,863▲ $39,719
Total Liabilities and Net Assets / Fund Balance$189,144$228,863▲ $39,719
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nathan LinsmeierTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,663,772
Investment Income
$411
Other Revenue
$0
Change in Net Assets
$39,942
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$315,095
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$1,309,146--$1,309,146
Other Expenses$314,466--$314,466
Total Functional Expenses$1,624,241$0$0$1,624,241
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
No
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
Filing and Contact Details

Filer

Filer Name
Flanders Industries Inc
EIN
58-1975329
Phone
8005269894
Address
3010 TENTH STREET, MENOMINEE, MI 49858-1704
Doing Business As
Employee Benefit Trust

Signing Officer

Name
Nathan linsmeier
Title
Treasurer
Signed
2021-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Starks
Formed
1991
Legal Domicile
Mi
Voting Board Members
1
Independent Board Members
1
Employees
0

Preparer

Firm
Norris Taylor & Co
Address
PO BOX 2083, FORT SMITH, AR 72902
Preparer
Richard B Beauchamp
Phone
4797823670
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Decrease in Accrued Income

Raw XML Appendix261 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/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0false
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IRS990/BooksInCareOfDetail/PhoneNum04797822041
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IRS990/EmployeeCnt00
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IRS990/ExpenseAmt01624241
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IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
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IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt0001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0001.00
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0Trustee
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01991
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt01
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01664183
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0411
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0411
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
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IRS990/MissionDesc0ADMINISTRATION OF EMPLOYEE HEALTH AND LIFE INSURANCE BENEFIT PLAN.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0189144
IRS990/NetAssetsOrFundBalancesEOYAmt0228863
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-223
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Trustee Fees
IRS990/OtherExpensesGrp/Desc1Administration Fees
IRS990/OtherExpensesGrp/ProgramServicesAmt0629
IRS990/OtherExpensesGrp/ProgramServicesAmt1314466
IRS990/OtherExpensesGrp/TotalAmt0629
IRS990/OtherExpensesGrp/TotalAmt1314466
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Jeff Starks
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Company Contributions
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01663772
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01663772
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt02051725
IRS990/PYInvestmentIncomeAmt03691
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0299180
IRS990/PYProgramServiceRevenueAmt02328605
IRS990/PYRevenuesLessExpensesAmt0-18609
IRS990/PYTotalExpensesAmt02350905
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IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt039942
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IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01664183
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IRS990/SchoolOperatingInd0false
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-02
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ReturnHeader/Filer/EIN0581975329
ReturnHeader/Filer/PhoneNum08005269894
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ReturnHeader/Filer/USAddress/CityNm0MENOMINEE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd0498581704
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 2083
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FORT SMITH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd072902
ReturnHeader/PreparerPersonGrp/PhoneNum04797823670
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Richard B Beauchamp
ReturnHeader/ReturnTs02021-11-02T01:23:48-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Nathan
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Linsmeier
ReturnHeader/TaxPeriodBeginDt02020-03-01
ReturnHeader/TaxPeriodEndDt02021-02-28
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2026Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$0.01$0.01$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$1.13$1.07$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$1.66$1.62$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$2.33$2.35$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$1.59$1.59$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$1.36$1.36$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$1.24$1.21$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$1.82$1.79$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$1.29$1.27$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$1.11$1.06$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.00$0.08$1.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.00$0.09$1.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.00$0.06$0.94