Civic Intelligence

Tappco Employee Benefit Trust

EIN 62-1451159 • 501(c)9 • Crossville, TN

Profile

To provide health insurance coverage to employees and their dependents.

PO Box 509Crossville, TN 38557

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 2018

Liabilities / Revenue

50th percentile

0.00x

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

501(c)9 • $1M-$5M nonprofits • Source year 2018

Net Margin

41st percentile

0.2%

Higher net margin than 41% of similar nonprofits.

501(c)9 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

11th percentile

-100%

Faster asset growth than 11% of similar nonprofits.

501(c)9 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

39th percentile

0.1%

Faster revenue growth than 39% of similar nonprofits.

501(c)9 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$0

Down $2,987 (-100%) from 2017

Liabilities

Down

$0

Down $65,204 (-100%) from 2017

Net Assets

Up

$0

Up $62,217 (+100%) from 2017

Revenue

Up

$1,163,461

Up $801 (+0.1%) from 2017

Expenses

Down

$1,161,178

Down $34,592 (-2.9%) from 2017

Net Income

Up

$2,283

Up $35,393 (+107%) from 2017

Trend Graphs

Balance Sheet Trend

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

$150K$100K$50K$0-$50K-$100KAssets 2010: $64,968Liabilities 2010: $52,430Net Assets 2010: $12,5382010Assets 2011: $78,455Liabilities 2011: $50,651Net Assets 2011: $27,8042011Assets 2012: $99,077Liabilities 2012: $44,303Net Assets 2012: $54,7742012Assets 2013: $7,429Liabilities 2013: $89,838Net Assets 2013: -$82,4092013Assets 2014: $3,177Liabilities 2014: $46,579Net Assets 2014: -$43,4022014Assets 2015: $36,784Liabilities 2015: $117,392Net Assets 2015: -$80,6082015Assets 2016: $20,595Liabilities 2016: $49,702Net Assets 2016: -$29,1072016Assets 2017: $2,987Liabilities 2017: $65,204Net Assets 2017: -$62,2172017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2018

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $935,6312010Expenses 2011: $878,5472011Expenses 2012: $845,9862012Revenue 2013: $888,640Expenses 2013: $1,025,823Net Income 2013: -$137,1832013Revenue 2014: $947,006Expenses 2014: $907,999Net Income 2014: $39,0072014Revenue 2015: $1,657,859Expenses 2015: $1,695,065Net Income 2015: -$37,2062015Revenue 2016: $1,112,134Expenses 2016: $1,060,633Net Income 2016: $51,5012016Revenue 2017: $1,162,660Expenses 2017: $1,195,770Net Income 2017: -$33,1102017Revenue 2018: $1,163,461Expenses 2018: $1,161,178Net Income 2018: $2,2832018

Highlighted filing

2018

Revenue$1,163,461
Expenses$1,161,178
Net Income$2,283

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 31, 2019
Return Version
2018v3.1
Gross Receipts
$1,163,461
Mission and Program Overview

Mission

To provide health insurance coverage to employees and their dependents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,730$0▼ $2,730
Accounts Receivable$257$0▼ $257
Cash and Non-Interest-Bearing Accounts-$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
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Cap Stk Tr Prin Current Funds$-62,217$0▲ $62,217
Total Assets$2,987$0▼ $2,987
Other Assets Total-$0-
Liabilities
Other Liabilities$65,204$0▼ $65,204
Total Liabilities$65,204$0▼ $65,204
Net Assets / Fund Balance
Total Net Assets Fund Balance$-62,217$0▲ $62,217
Total Liabilities and Net Assets / Fund Balance$2,987$0▼ $2,987
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,163,461
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$2,283

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,163,461
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,163,461
Total Revenue per Form 990
$1,163,461
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$220,221
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---$940,957
Fees for Services Accounting---$13,500
Other Expenses---$44
Total Functional Expenses$0$0$0$1,161,178

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,161,178
Total Expenses per Audited Statements$1,161,178
Total Expenses per Form 990$1,161,178
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
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
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 A, Line 2

Alan strachn, l. Stephen stone & cosby a. Stone are partners in the cosby harrison company, llc & eugene h. Kahle, iii is an officer of the cosby harrison company, llc. L. Stephen stone & cosby a. Stone are brothers. Alan d. Strachn is a cousin to l. Stephen stone & cosby a. Stone.

Form 990, Part VI, Section A, Line 8A

There were no meetings during 2018.

Form 990, Part VI, Section A, Line 8B

THERE ARE NO COMMITTEES.

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

The governing body was verbally informed that form 990 was in the cfo's office for review.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Tappco Employee Benefit Trust
EIN
62-1451159
Phone
9314845137
Address
PO BOX 509, CROSSVILLE, TN 38557

Signing Officer

Name
Eugene H Kahle Iii
Title
Trustee
Phone
9314845137
Signed
2019-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eugene H Kahle Iii
Formed
1991
Legal Domicile
Tn
Voting Board Members
4
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Mauldin & Jenkins
Address
537 MARKET STREET SUITE 300, CHATTANOOGA, TN 37402-1239
Preparer
Christian Bennett
Phone
4237566133
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Amounts contributed to pay final liabilities 80,925.

PART XII, LINE 2 C:

The committee did not change the oversight process or selection process for the independent accountant during the current year.

Financial Statement Notes

PART X, LINE 2:

Accounting principles generally accepted in the united states of america require plan management to evaluate tax positions taken by the plan and recognize a tax liability (or asset) if the plan has taken an uncertain tax position that more likely than not would not be sustained upon examination by the internal revenue service. The plan administrator has evaluated the tax positions taken by the plan, and has concluded that as of december 31, 2018, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability or asset or disclosure in the financial statements. The plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for tax periods in progress. The plan administrator believes the plan is no longer subject to tax examinations for years prior to 2015.

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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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IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0ALL ASSETS WERE PAID FOR MEMBER CLAIMS PER GOVERNING INSTRUMENT
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02018-12-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt00
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0ACTUAL
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALAN STRACHN, L. STEPHEN STONE & COSBY A. STONE ARE PARTNERS IN THE COSBY HARRISON COMPANY, LLC & EUGENE H. KAHLE, III IS AN OFFICER OF THE COSBY HARRISON COMPANY, LLC. L. STEPHEN STONE & COSBY A. STONE ARE BROTHERS. ALAN D. STRACHN IS A COUSIN TO L. STEPHEN STONE & COSBY A. STONE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE WERE NO MEETINGS DURING 2018.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THERE ARE NO COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING BODY WAS VERBALLY INFORMED THAT FORM 990 WAS IN THE CFO'S OFFICE FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AMOUNTS CONTRIBUTED TO PAY FINAL LIABILITIES 80,925.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE COMMITTEE DID NOT CHANGE THE OVERSIGHT PROCESS OR SELECTION PROCESS FOR THE INDEPENDENT ACCOUNTANT DURING THE CURRENT YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6PART XII, LINE 2 C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0620535044
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0TN
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt0UNRELATED
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0BUSINESS SERVICES-ADVERTISING
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0THE COSBY HARRISON COMPANY LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt0PO BOX 509
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0CROSSVILLE
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0TN
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd038557
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt01163461
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ACTUAL AMOUNT CONTRIBUTED
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0TAP PUBLISHING COMPANY
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0S
IRS990ScheduleR/TransferFromOtherOrgInd01
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd01
IRS990/TotalAssetsBOYAmt02987
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt02987
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01161178
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt065204
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt065204
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-62217
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt04200
IRS990/TotalProgramServiceRevenueAmt01163461
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01163461
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01163461
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02987
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotReportableCompRltdOrgAmt0326946
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0174 FOURTH STREET
IRS990/USAddress/CityNm0CROSSVILLE
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd038557
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0EUGENE H KAHLE III
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum09314845137
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-10-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TAPPCO EMPLOYEE BENEFIT TRUST
ReturnHeader/Filer/BusinessNameControlTxt0TAPP
ReturnHeader/Filer/EIN0621451159
ReturnHeader/Filer/PhoneNum09314845137
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 509
ReturnHeader/Filer/USAddress/CityNm0CROSSVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd038557
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId03F9B5A97700B41F439DF5008B0DAA567C2717DB0
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0916835DAA6CC1206249F274B5F390B3867567000
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.192.51.169
ReturnHeader/FilingSecurityInformation/IPDt02019-10-31
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm013:59:55
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0580692043
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MAULDIN & JENKINS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0537 MARKET STREET SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHATTANOOGA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0374021239
ReturnHeader/PreparerPersonGrp/PhoneNum04237566133
ReturnHeader/PreparerPersonGrp/PreparationDt02019-10-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTIAN BENNETT
ReturnHeader/ReturnTs02019-11-07T12:39:24-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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