Civic Intelligence

American Proteins Inc Health Benefit

EIN 58-1978576 • 501(c)9 • Cumming, GA

Profile

To provide health and welfare benefits to eligible employees of american proteins, inc. And their dependents and beneficiaries.

4705 Leland DriveCumming, GA 30041-3991

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2020

Liabilities / Revenue

80th percentile

0.00x

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

501(c)9 • <$500k nonprofits • Source year 2020

Net Margin

95th percentile

90%

Higher net margin than 95% of similar nonprofits.

501(c)9 • <$500k nonprofits • Source year 2020

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

501(c)9 • <$500k nonprofits • Source year 2020

Asset Growth

46th percentile

-100%

Faster asset growth than 46% of similar nonprofits.

501(c)9 • <$500k nonprofits • Annualized from 2018 to 2020

Revenue Growth

28th percentile

-90%

Faster revenue growth than 28% of similar nonprofits.

501(c)9 • <$500k nonprofits • Annualized from 2018 to 2020

Assets

Down

$0

Down $18,231 (-100%) from 2018

Liabilities

Down

$0

Down $50,000 (-100%) from 2018

Net Assets

Up

$0

Up $31,769 (+100%) from 2018

Revenue

Down

$52,304

Down $5,366,814 (-99%) from 2018

Expenses

Down

$5,313

Down $4,823,686 (-100%) from 2018

Net Income

Down

$46,991

Down $543,128 (-92%) from 2018

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0-$500K-$1.0MAssets 2010: $224,756Liabilities 2010: $439,038Net Assets 2010: -$214,2822010Assets 2011: $211,634Liabilities 2011: $437,000Net Assets 2011: -$225,3662011Assets 2012: $311,595Liabilities 2012: $715,634Net Assets 2012: -$404,0392012Assets 2013: $240,610Liabilities 2013: $729,528Net Assets 2013: -$488,9182013Assets 2014: $305,966Liabilities 2014: $758,504Net Assets 2014: -$452,5382014Assets 2015: $698,472Liabilities 2015: $813,202Net Assets 2015: -$114,7302015Assets 2016: $795,014Liabilities 2016: $650,394Net Assets 2016: $144,6202016Assets 2017: $170,112Liabilities 2017: $792,000Net Assets 2017: -$621,8882017Assets 2018: $18,231Liabilities 2018: $50,000Net Assets 2018: -$31,7692018Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2020

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2010: $5,445,087Expenses 2010: $5,367,766Net Income 2010: $77,3212010Revenue 2011: $6,422,275Expenses 2011: $6,433,359Net Income 2011: -$11,0842011Revenue 2012: $6,027,284Expenses 2012: $6,205,957Net Income 2012: -$178,6732012Revenue 2013: $6,878,425Expenses 2013: $6,963,304Net Income 2013: -$84,8792013Revenue 2014: $7,012,337Expenses 2014: $6,975,957Net Income 2014: $36,3802014Revenue 2015: $8,010,243Expenses 2015: $7,672,435Net Income 2015: $337,8082015Revenue 2016: $8,785,772Expenses 2016: $8,526,422Net Income 2016: $259,3502016Revenue 2017: $7,199,823Expenses 2017: $7,966,331Net Income 2017: -$766,5082017Revenue 2018: $5,419,118Expenses 2018: $4,828,999Net Income 2018: $590,1192018Revenue 2020: $52,304Expenses 2020: $5,313Net Income 2020: $46,9912020

Highlighted filing

2020

Revenue$52,304
Expenses$5,313
Net Income$46,991

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Oct 31, 2020
Signed
Dec 22, 2021
Return Version
2020v4.1
Gross Receipts
$52,304
Mission and Program Overview

Mission

To provide health and welfare benefits to eligible employees of american proteins, inc. And their dependents and beneficiaries.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$0-
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Rtn Earn Endowment Incm Other Fnds$-46,991$0▲ $46,991
Other Assets Total$3,009$0▼ $3,009
Total Assets$3,009$0▼ $3,009
Liabilities
Other Liabilities$50,000--
Total Liabilities$50,000$0▼ $50,000
Net Assets / Fund Balance
Total Net Assets Fund Balance$-46,991$0▲ $46,991
Total Liabilities and Net Assets / Fund Balance$3,009$0▼ $3,009
Compensation and Service Providers

Board Members and Trustees

NameTitle
Gordon LinderController
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$742
Investment Income
$0
Other Revenue
$51,562
Change in Net Assets
$46,991
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,313
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
Fees for Services Legal-$4,416-$4,416
Office Expenses-$897-$897
Total Functional Expenses$0$5,313$0$5,313
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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

Governance Explanations

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

The organization utilizes a cpa employed by the related organization reported in schedule r, form 990, part iv, to prepare and review its form 990. The organization also utilizes outside cpa's as deemed necessary to consult with regarding the preparation and review of its form 990.

Form 990, Part VI, Section C, Line 19

No documents are made available to the public unless they are included on a form that is publicly available. In such instances, the organization would provides copies upon request and make the documents available for public inspection at our offices in cumming, ga.

Filing and Contact Details

Filer

Filer Name
American Proteins Inc Health Benefit
EIN
58-1978576
Phone
4702975151
Address
4705 LELAND DRIVE, CUMMING, GA 30041-3991

Signing Officer

Name
Gordon Linder
Title
Corporate Controller
Phone
4702975151
Signed
2021-12-22

Organization Details

Principal Officer
Gordon Linder
Formed
1991
Legal Domicile
Ga
Voting Board Members
2
Independent Board Members
2
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

On august 20, 2018 the operating assets of the sponsor were sold to subsidiaries of tyson foods, inc. Substantially all employees transferred to benefit plans provided by the purchaser. As of august 31, 2018 the trust had no active participants. The trust terminated october 31, 2020.

Raw XML Appendix311 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/IRPDocumentCnt00
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IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-46991
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IRS990/PoliticalCampaignActyInd00
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0742
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IRS990/ProhibitedTaxShelterTransInd00
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IRS990/ReconcilationRevenueExpnssAmt046991
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IRS990/ScheduleJRequiredInd00
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd01
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0REIMBURSEMENT OF SPONSOR LEGAL EXPENSES FOR HEALTH BENEFIT PLAN
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1PAYMENT OF BANK SERVICE FEES
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0AMERICAN PROTEINS INC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt1WELLS FARGO BANK
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02020-10-28
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ON AUGUST 20, 2018 THE OPERATING ASSETS OF THE SPONSOR WERE SOLD TO SUBSIDIARIES OF TYSON FOODS, INC. SUBSTANTIALLY ALL EMPLOYEES TRANSFERRED TO BENEFIT PLANS PROVIDED BY THE PURCHASER. AS OF AUGUST 31, 2018 THE TRUST HAD NO ACTIVE PARTICIPANTS. THE TRUST TERMINATED OCTOBER 31, 2020.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION UTILIZES A CPA EMPLOYED BY THE RELATED ORGANIZATION REPORTED IN SCHEDULE R, FORM 990, PART IV, TO PREPARE AND REVIEW ITS FORM 990. THE ORGANIZATION ALSO UTILIZES OUTSIDE CPA'S AS DEEMED NECESSARY TO CONSULT WITH REGARDING THE PREPARATION AND REVIEW OF ITS FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UNLESS THEY ARE INCLUDED ON A FORM THAT IS PUBLICLY AVAILABLE. IN SUCH INSTANCES, THE ORGANIZATION WOULD PROVIDES COPIES UPON REQUEST AND MAKE THE DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION AT OUR OFFICES IN CUMMING, GA.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
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IRS990/VotingMembersGoverningBodyCnt02
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IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReasonableCauseExplanation/ExplanationTxt0THE 2020 FORM 990 WAS FILED TIMELY VIA PAPER FILING, AS I WAS UNAWARE OF THE MANDATORY ELECTRONIC-FILING REQUIREMENTS FOR TAX-EXEMPT ORGANIZATIONS BEGINNING IN TAX YEAR 2020. AS SOON AS I WAS MADE AWARE OF THE REJECTION OF THE PAPER-FILED RETURN, I TOOK THE NECESSARY ACTION TO RESUBMIT THE RETURN AND COMPLY WITH THE ELECTRONIC FILING MANDATE. WHILE NOTICE #2694C WAS DATED NOVEMBER 5, 2021, I DID NOT RECEIVE IT UNTIL DECEMBER 15, 2021. I APOLOGIZE FOR THE ERROR IN SUBMITTING A PAPER RETURN, AND RESPECTFULLY REQUEST YOUR CONSIDERATION IN WAIVING ANY LATE FILING INTEREST OR PENALTIES.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0GORDON LINDER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CORPORATE CONTROLLER
ReturnHeader/BusinessOfficerGrp/PhoneNum04702975151
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-12-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AMERICAN PROTEINS INC HEALTH BENEFIT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0TRUST
ReturnHeader/Filer/BusinessNameControlTxt0AMER
ReturnHeader/Filer/EIN0581978576
ReturnHeader/Filer/PhoneNum04702975151
ReturnHeader/Filer/USAddress/AddressLine1Txt04705 LELAND DRIVE
ReturnHeader/Filer/USAddress/CityNm0CUMMING
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd0300413991
ReturnHeader/ReturnTs02021-12-22T09:17:46-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0GORDON
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LINDER
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-10-31
ReturnHeader/TaxYr02020

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