Civic Intelligence

Employees' Beneficiary Association of Ward/Kraft Formsinc

990 • Fiscal year 2016 • EIN 73-6227266

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 16, 2017

2401 Cooper StreetFort Scott, KS 66701

(620) 223-5500

Siviq Scores

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

Liabilities / Assets

81st percentile

0.30x

Higher debt load relative to assets than 81% of similar nonprofits.

2016 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

75th percentile

0.13x

Higher debt load relative to revenue than 75% of similar nonprofits.

2016 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2016

Net Margin

21st percentile

-12%

Higher net margin than 21% of similar nonprofits.

2016 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

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

2016 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2016

Asset Growth

33rd percentile

-4.2%

Faster asset growth than 33% of similar nonprofits.

2016 filings • 501(c)9 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

53rd percentile

3.0%

Faster revenue growth than 53% of similar nonprofits.

2016 filings • 501(c)9 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$867,763

Down $38,077 (-4.2%) from 2015

Net Assets

Down

$604,749

Down $243,222 (-29%) from 2015

Liabilities

Up

$263,014

Up $205,145 (+354%) from 2015

Revenue

Up

$1,996,575

Up $57,379 (+3.0%) from 2015

Expenses

Up

$2,239,797

Up $602,301 (+37%) from 2015

Net Income

Down

-$243,222

Down $544,922 (-181%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $22,167Liabilities 2010: $0Net Assets 2010: $22,1672010Assets 2011: $20,606Liabilities 2011: $0Net Assets 2011: $20,6062011Assets 2012: $32,379Liabilities 2012: $0Net Assets 2012: $32,3792012Assets 2013: $28,846Liabilities 2013: $0Net Assets 2013: $28,8462013Assets 2014: $593,509Liabilities 2014: $47,238Net Assets 2014: $546,2712014Assets 2015: $905,840Liabilities 2015: $57,869Net Assets 2015: $847,9712015Assets 2016: $867,763Liabilities 2016: $263,014Net Assets 2016: $604,7492016Assets 2017: $317,950Liabilities 2017: $262,704Net Assets 2017: $55,2462017Assets 2018: $334,636Liabilities 2018: $215,480Net Assets 2018: $119,1562018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019

Highlighted filing

2016

Assets$867,763
Liabilities$263,014
Net Assets$604,749

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $1,525,740Expenses 2010: $1,532,083Net Income 2010: -$6,3432010Expenses 2011: $1,645,1112011Expenses 2012: $1,722,4982012Revenue 2013: $1,636,542Expenses 2013: $1,640,075Net Income 2013: -$3,5332013Revenue 2014: $1,972,393Expenses 2014: $1,454,968Net Income 2014: $517,4252014Revenue 2015: $1,939,196Expenses 2015: $1,637,496Net Income 2015: $301,7002015Revenue 2016: $1,996,575Expenses 2016: $2,239,797Net Income 2016: -$243,2222016Revenue 2017: $2,051,130Expenses 2017: $2,600,633Net Income 2017: -$549,5032017Revenue 2018: $2,872,182Expenses 2018: $2,808,272Net Income 2018: $63,9102018Revenue 2019: $137,712Expenses 2019: $256,868Net Income 2019: -$119,1562019

Highlighted filing

2016

Revenue$1,996,575
Expenses$2,239,797
Net Income-$243,222
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 16, 2017
Return Version
2016v3.0
Gross Receipts
$1,996,575
Mission and Program Overview

Mission

Provide health, life and disability benefits to participants and their dependents

Provide health, life and disability benefits to participants and their dependents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$739,964$693,988▼ $45,976
Accounts Receivable$165,876$173,775▲ $7,899
Total Assets$905,840$867,763▼ $38,077
Liabilities
Accounts Payable and Accrued Expenses$57,869$263,014▲ $205,145
Total Liabilities$57,869$263,014▲ $205,145
Net Assets / Fund Balance
Unrestricted Net Assets$847,971$604,749▼ $243,222
Total Net Assets Fund Balance$847,971$604,749▼ $243,222
Total Liabilities and Net Assets / Fund Balance$905,840$867,763▼ $38,077
Compensation and Service Providers

Board Members and Trustees

NameTitle
Roger E KraftPresident
Chris FarmerCFO
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,995,534
Investment Income
$1,041
Other Revenue
$0
Change in Net Assets
$-243,222

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,996,575
Total Revenue per Audited Statements
$1,996,575
Total Revenue per Form 990
$1,996,575
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$166,755
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$2,073,042--$2,073,042
Fees for Services Other$166,755--$166,755
Total Functional Expenses$2,239,797$0$0$2,239,797

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,239,797
Total Expenses per Audited Statements$2,239,797
Total Expenses per Form 990$2,239,797
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
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
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, Page 6, Part VI, Line 11B

A copy of the form 990 and the audit report are presented to the trustees for their review prior to filing.

Form 990, Page 6, Part VI, Line 19

Form 990 and audit report are available upon request by contacting the plan administrator.

Filing and Contact Details

Filer

Filer Name
EMPLOYEES' BENEFICIARY ASSOCIATION
EIN
73-6227266
Phone
6202235500
Address
2401 COOPER STREET, FORT SCOTT, KS 66701

Signing Officer

Name
Chris Farmer
Title
CFO
Phone
8008214021
Signed
2017-10-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roger E Kraft
Formed
1986
Legal Domicile
Ks
Voting Board Members
2
Independent Board Members
2
Employees
0

Preparer

Firm
Stotts Archambo Mueggenborg & Barclay Pc
Address
302 SE OSAGE AVE, BARTLESVILLE, OK 74003-3931
Preparer
Deborah E Mueggenborg
Phone
9183360008
Raw XML Appendix234 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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