Civic Intelligence

Preferred Nutrition Inc.

990 • Fiscal year 2014 • EIN 73-1434947

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 16, 2015

Organization ProfileN/A
1954 W AlbanyBroken Arrow, OK 74012

(918) 251-7351

Siviq Scores

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

Liabilities / Assets

90th percentile

0.84x

Higher debt load relative to assets than 90% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

56th percentile

0.07x

Higher debt load relative to revenue than 56% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

39th percentile

-0.1%

Higher net margin than 39% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

59th percentile

$39,275

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

17th percentile

-8.9%

Faster asset growth than 17% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

39th percentile

-0.4%

Faster revenue growth than 39% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$73,523

Down $7,205 (-8.9%) from 2013

Net Assets

Down

$11,999

Down $1,047 (-8.0%) from 2013

Liabilities

Down

$61,524

Down $6,158 (-9.1%) from 2013

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin39th percentile

Revenue

Down

$911,895

Down $3,811 (-0.4%) from 2013

Expenses

Down

$912,942

Down $799 (-0.1%) from 2013

Net Income

Down

-$1,047

Down $3,012 (-153%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth17th percentile

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

$100K$50K$0Assets 2011: $94,154Liabilities 2011: $84,639Net Assets 2011: $9,5152011Assets 2012: $72,834Liabilities 2012: $61,753Net Assets 2012: $11,0812012Assets 2013: $80,728Liabilities 2013: $67,682Net Assets 2013: $13,0462013Assets 2014: $73,523Liabilities 2014: $61,524Net Assets 2014: $11,9992014Assets 2015: $64,808Liabilities 2015: $51,269Net Assets 2015: $13,5392015Assets 2016: $68,853Liabilities 2016: $55,469Net Assets 2016: $13,3842016Assets 2017: $64,335Liabilities 2017: $50,173Net Assets 2017: $14,1622017Assets 2018: $63,030Liabilities 2018: $48,153Net Assets 2018: $14,8772018Assets 2019: $66,255Liabilities 2019: $52,452Net Assets 2019: $13,8032019Assets 2020: $65,257Liabilities 2020: $51,558Net Assets 2020: $13,6992020Assets 2021: $70,277Liabilities 2021: $56,578Net Assets 2021: $13,6992021Assets 2022: $66,293Liabilities 2022: $51,894Net Assets 2022: $14,3992022Assets 2023: $64,627Liabilities 2023: $50,247Net Assets 2023: $14,3802023Assets 2024: $71,808Liabilities 2024: $57,429Net Assets 2024: $14,3792024

Highlighted filing

2014

Assets$73,523
Liabilities$61,524
Net Assets$11,999
Open 2014 Filing

Operations Trend

Revenue Growth39th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $946,929Expenses 2011: $946,439Net Income 2011: $4902011Revenue 2012: $1,042,302Expenses 2012: $1,040,736Net Income 2012: $1,5662012Revenue 2013: $915,706Expenses 2013: $913,741Net Income 2013: $1,9652013Revenue 2014: $911,895Expenses 2014: $912,942Net Income 2014: -$1,0472014Revenue 2015: $780,757Expenses 2015: $779,217Net Income 2015: $1,5402015Revenue 2016: $712,430Expenses 2016: $712,585Net Income 2016: -$1552016Revenue 2017: $742,235Expenses 2017: $741,457Net Income 2017: $7782017Revenue 2018: $690,259Expenses 2018: $689,544Net Income 2018: $7152018Revenue 2019: $716,555Expenses 2019: $717,629Net Income 2019: -$1,0742019Revenue 2020: $679,001Expenses 2020: $679,105Net Income 2020: -$1042020Revenue 2021: $666,162Expenses 2021: $666,162Net Income 2021: $02021Revenue 2022: $748,713Expenses 2022: $748,013Net Income 2022: $7002022Revenue 2023: $719,714Expenses 2023: $719,733Net Income 2023: -$192023Revenue 2024: $759,317Expenses 2024: $759,318Net Income 2024: -$12024

Highlighted filing

2014

Revenue$911,895
Expenses$912,942
Net Income-$1,047
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 16, 2015
Return Version
2014v5.0
Gross Receipts
$911,895
Mission and Program Overview

Mission

A sponsoring agency assuming the administrative and financial responsibility for child and adult food program operations for family day care homes.

A sponsoring agency assuming the administrative and financial responsibility for child and adult care food program operations for family day care homes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$75,109$68,668▼ $6,441
Cash and Non-Interest-Bearing Accounts$4,705$4,138▼ $567
Land, Buildings, and Equipment, Net$814$617▼ $197
Prepaid Expenses and Deferred Charges$100$100→ $0
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$80,728$73,523▼ $7,205
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$67,682$61,524▼ $6,158
Total Liabilities$67,682$61,524▼ $6,158
Net Assets / Fund Balance
Unrestricted Net Assets$13,046$11,999▼ $1,047
Total Net Assets Fund Balance$13,046$11,999▼ $1,047
Total Liabilities and Net Assets / Fund Balance$80,728$73,523▼ $7,205

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$1,400$1,400
Equipment$617$538$1,155
Compensation and Service Providers
Top Officer Pay59th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Mike MagillExecutive DirectorFT$39,275$39,275

Board Members and Trustees

NameTitle
Debbie BaughBoard Member
Rita HitzmanBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$911,895
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-1,047

Audited Revenue Reconciliation

Revenue per Audited Statements
$911,895
Total Revenue per Audited Statements
$911,895
Total Revenue per Form 990
$911,895
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$805,300
Salaries, Compensation, and Employee Benefits$72,703
Other Expenses$34,939
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$805,300--$805,300
Current Officers, Directors, Trustees, and Key Employees-$39,275-$39,275
Other Salaries and Wages-$28,452-$28,452
All Other Expenses-$6,355-$6,355
Other Expenses-$5,333-$5,333
Payroll Taxes-$4,976-$4,976
Depreciation Depletion-$197-$197
Total Functional Expenses$805,300$107,642$0$912,942

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$912,942
Total Expenses per Audited Statements$912,942
Total Expenses per Form 990$912,942
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
Lobbying 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
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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
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, Line 11B: Form 990 Review Process

“Form 990 was reviewed by the managing members prior to its' being filed and made available upon request to remaining members.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“All employees, with the exception of the Executive Director, are reviewed and wages are determined on at least an annual basis. The Executive Director estimates compensation based on expected service levels of the organization, which determines the amount of administrative funds available through the grant program. His compensation is set so as to minimize unfunded payroll to the organization.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Form 990 filings are available upon request or through free online resources such as Guidestar.org. Other documents are available from the organization upon request.”

Filing and Contact Details

Filer

Filer Name
Preferred Nutrition Inc
EIN
73-1434947
Phone
9182517351
Address
1954 W ALBANY, BROKEN ARROW, OK 74012

Signing Officer

Name
Michael R Magill
Title
President
Signed
2015-11-16
Discuss with paid preparer
Yes

Organization Details

Formed
1993
Legal Domicile
Ok
Voting Board Members
3
Independent Board Members
2
Employees
3

Preparer

Firm
Creason & Associates PLLC
Address
7170 S Braden Ave Suite 100, Tulsa, OK 74136
Preparer
Ronald J Creason
Phone
9184815355
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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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IRS990ScheduleA/TotalSupportAmt04686962
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0617
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0538
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01155
IRS990ScheduleD/ExpensesSubtotalAmt0912942
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01400
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01400
IRS990ScheduleD/RevenueSubtotalAmt0911895
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0617
IRS990ScheduleD/TotalExpensesPerForm990Amt0912942
IRS990ScheduleD/TotalRevenuePerForm990Amt0911895
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0911895
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0912942
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0805300
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Cost reimbursement -CACFP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt080
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Grant funds are received on a cost reimbursement basis with a percentage allowance for administrative expenses. The managing member, acting as Executive Director, is involved in the day-to-day processing and review of program participants and administration of cash outlays. The governing body has elected to rely on state and independent auditors to ensure compliance of grant requirements.The number of recipients is based on the average number of monthly recipients throughout the year.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 was reviewed by the managing members prior to its' being filed and made available upon request to remaining members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All employees, with the exception of the Executive Director, are reviewed and wages are determined on at least an annual basis. The Executive Director estimates compensation based on expected service levels of the organization, which determines the amount of administrative funds available through the grant program. His compensation is set so as to minimize unfunded payroll to the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Form 990 filings are available upon request or through free online resources such as Guidestar.org. Other documents are available from the organization upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt080728
IRS990/TotalAssetsEOYAmt073523
IRS990/TotalAssetsGrp/BOYAmt080728
IRS990/TotalAssetsGrp/EOYAmt073523
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0911895
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0107642
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0805300
IRS990/TotalFunctionalExpensesGrp/TotalAmt0912942
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt067682
IRS990/TotalLiabilitiesEOYAmt061524
IRS990/TotalLiabilitiesGrp/BOYAmt067682
IRS990/TotalLiabilitiesGrp/EOYAmt061524
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt013046
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt011999
IRS990/TotalProgramServiceExpensesAmt0805300
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt039275
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0911895
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt080728
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt073523
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt013046
IRS990/UnrestrictedNetAssetsGrp/EOYAmt011999
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL R MAGILL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PREFERRED NUTRITION INC
ReturnHeader/Filer/BusinessNameControlTxt0PREF
ReturnHeader/Filer/EIN0731434947
ReturnHeader/Filer/PhoneNum09182517351
ReturnHeader/Filer/USAddress/AddressLine1Txt01954 W ALBANY
ReturnHeader/Filer/USAddress/CityNm0BROKEN ARROW
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OK
ReturnHeader/Filer/USAddress/ZIPCd074012
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Creason & Associates PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07170 S Braden Ave Suite 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Tulsa
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd074136
ReturnHeader/PreparerPersonGrp/PhoneNum09184815355
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Ronald J Creason
ReturnHeader/ReturnTs02015-11-16T11:53:01-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$73,523
Liabilities
$61,524
Net assets
$11,999
Revenue
$911,895
Expenses
$912,942
Net income
-$1,047
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.07$0.06$0.01$0.76$0.76$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.06$0.05$0.01$0.72$0.72$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.07$0.05$0.01$0.75$0.75$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.07$0.06$0.01$0.67$0.67$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.07$0.05$0.01$0.68$0.68$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.07$0.05$0.01$0.72$0.72$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.06$0.05$0.01$0.69$0.69$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.06$0.05$0.01$0.74$0.74$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.07$0.06$0.01$0.71$0.71$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.06$0.05$0.01$0.78$0.78$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.07$0.06$0.01$0.91$0.91$0.00
2013Summary only. Only limited summary data is available for this year.$0.08$0.07$0.01$0.92$0.91$0.00
2012Summary only. Only limited summary data is available for this year.$0.07$0.06$0.01$1.04$1.04$0.00
2011Summary only. Only limited summary data is available for this year.$0.09$0.08$0.01$0.95$0.95$0.00