Civic Intelligence

Texas Grain and Feed Association

990 • Fiscal year 2014 • EIN 75-1036674

May 01, 2013 to Apr 30, 2014 • Filed on Sep 12, 2014

1701 River RunRoom/Suite 80276107

(817) 336-7875

Siviq Scores

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

Liabilities / Assets

47th percentile

0.16x

Higher debt load relative to assets than 47% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

72nd percentile

0.38x

Higher debt load relative to revenue than 72% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Net Margin

70th percentile

8.8%

Higher net margin than 70% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

49th percentile

$134,800

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 29.2% of source-year revenue.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Asset Growth

47th percentile

3.0%

Faster asset growth than 47% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Up

$1,072,393

Up $31,583 (+3.0%) from 2013

Net Assets

Up

$898,036

Up $40,688 (+4.7%) from 2013

Liabilities

Down

$174,357

Down $9,105 (-5.0%) from 2013

Revenue

$461,745

No earlier filing loaded for comparison.

Expenses

Up

$421,057

Up $47,064 (+13%) from 2013

Net Income

$40,688

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2012: $953,065Liabilities 2012: $171,398Net Assets 2012: $781,6672012Assets 2013: $1,040,810Liabilities 2013: $183,462Net Assets 2013: $857,3482013Assets 2014: $1,072,393Liabilities 2014: $174,357Net Assets 2014: $898,0362014Assets 2015: $1,148,434Liabilities 2015: $184,506Net Assets 2015: $963,9282015Assets 2016: $1,154,690Liabilities 2016: $193,348Net Assets 2016: $961,3422016Assets 2017: $1,281,387Liabilities 2017: $172,865Net Assets 2017: $1,108,5222017Assets 2018: $1,469,736Liabilities 2018: $282,169Net Assets 2018: $1,187,5672018Assets 2019: $1,423,743Liabilities 2019: $128,675Net Assets 2019: $1,295,0682019Assets 2020: $1,409,609Liabilities 2020: $73,512Net Assets 2020: $1,336,0972020Assets 2021: $1,635,778Liabilities 2021: $181,296Net Assets 2021: $1,454,4822021Assets 2022: $1,600,900Liabilities 2022: $193,489Net Assets 2022: $1,407,4112022Assets 2023: $1,381,513Liabilities 2023: $39,852Net Assets 2023: $1,341,6612023Assets 2024: $1,704,938Liabilities 2024: $211,655Net Assets 2024: $1,493,2832024Assets 2025: $1,672,843Liabilities 2025: $66,916Net Assets 2025: $1,605,9272025

Highlighted filing

2014

Assets$1,072,393
Liabilities$174,357
Net Assets$898,036

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2012: $378,7972012Expenses 2013: $373,9932013Revenue 2014: $461,745Expenses 2014: $421,057Net Income 2014: $40,6882014Revenue 2015: $481,323Expenses 2015: $415,431Net Income 2015: $65,8922015Revenue 2016: $424,987Expenses 2016: $427,573Net Income 2016: -$2,5862016Revenue 2017: $543,141Expenses 2017: $379,250Net Income 2017: $163,8912017Revenue 2018: $557,926Expenses 2018: $428,818Net Income 2018: $129,1082018Revenue 2019: $462,572Expenses 2019: $426,967Net Income 2019: $35,6052019Revenue 2020: $344,910Expenses 2020: $391,533Net Income 2020: -$46,6232020Revenue 2021: $342,914Expenses 2021: $301,426Net Income 2021: $41,4882021Revenue 2022: $404,039Expenses 2022: $377,942Net Income 2022: $26,0972022Revenue 2023: $445,042Expenses 2023: $511,300Net Income 2023: -$66,2582023Revenue 2024: $632,859Expenses 2024: $535,160Net Income 2024: $97,6992024Revenue 2025: $630,589Expenses 2025: $600,067Net Income 2025: $30,5222025

Highlighted filing

2014

Revenue$461,745
Expenses$421,057
Net Income$40,688
Jump To
Filing Snapshot
Filing Period
May 1, 2013 to Apr 30, 2014
Signed
Sep 12, 2014
Return Version
2013v3.1
Gross Receipts
$471,603
Mission and Program Overview

Mission

To promote the grain and feed industry in the state of texas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$813,531$857,483▲ $43,952
Cash and Non-Interest-Bearing Accounts$196,519$166,141▼ $30,378
Land, Buildings, and Equipment, Net$17,255$33,814▲ $16,559
Accounts Receivable$11,798$13,248▲ $1,450
Total Assets$1,040,810$1,072,393▲ $31,583
Other Assets Total$1,707$1,707→ $0
Liabilities
Deferred Revenue$170,645$168,660▼ $1,985
Accounts Payable and Accrued Expenses$10,412$3,282▼ $7,130
Other Liabilities$2,405$2,415▲ $10
Total Liabilities$183,462$174,357▼ $9,105
Net Assets / Fund Balance
Unrestricted Net Assets$857,348$898,036▲ $40,688
Total Net Assets Fund Balance$857,348$898,036▲ $40,688
Total Liabilities and Net Assets / Fund Balance$1,040,810$1,072,393▲ $31,583

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$33,814$42,976$76,790
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Benedict BoernerPresidentFT$115,000$19,800$134,800
Nichelle JaegerEmployeeFT$12,500$1,125$13,625

Board Members and Trustees

NameTitle
Chris Breedlove1st V. Chair
John Long2nd V. Chair
Dean McintoshChairman
Brian MccustionDirector
Chris YaklinDirector
Everett LoweDirector
Jay BrentDirector
Jerry StephensonDirector
Ronnie EckelDirector
Ronnie WittigDirector
Scott DayDirector
Stephen SmithDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$356,865
Investment Income
$28,200
Other Revenue
$76,680
Change in Net Assets
$40,688

Audited Revenue Reconciliation

Revenue per Audited Statements
$461,745
Total Revenue per Audited Statements
$461,745
Total Revenue per Form 990
$461,745
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$217,781
Salaries, Compensation, and Employee Benefits$203,276
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$116,964$38,988-$155,952
All Other Expenses$32,535$7,667-$40,202
Travel$34,178--$34,178
Other Employee Benefits$15,757$5,253-$21,010
Occupancy$14,593$4,864-$19,457
Pension Plan Contributions$10,574$3,525-$14,099
Conferences and Meetings$12,459--$12,459
Payroll Taxes$9,161$3,054-$12,215
Other Expenses$10,215$10,941-$10,215
Depreciation Depletion$7,770--$7,770
Fees for Services Accounting-$6,650-$6,650
Office Expenses$3,221$1,074-$4,295
Fees for Services Legal-$358-$358
Total Functional Expenses$326,189$94,868$0$421,057

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$421,057
Total Expenses per Audited Statements$421,057
Total Expenses per Form 990$421,057
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
In-house lobbying only
No
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Retirement Plan Payable$2,415
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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, Page 6, Part VI, Line 11B

The review of the form 990 is conducted by the president.

Form 990, Page 6, Part VI, Line 15A

The board reviews and determines annual compensation at the annual board meeting through a voting process.

Form 990, Page 6, Part VI, Line 15B

The governing board determines annual compensation of the other officers and key employees through a voting process.

Form 990, Page 6, Part VI, Line 19

No documents available to the public.

Filing and Contact Details

Filer

EIN
75-1036674
Phone
8173367875

Signing Officer

Name
Benedict J Boerner
Title
President
Phone
8173367875
Signed
2014-09-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ben Boerner
Formed
1898
Legal Domicile
TX
Voting Board Members
418
Independent Board Members
418
Employees
4

Preparer

Preparer
M Scott Siegmund CPA
Phone
9406262062
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

During the year the association enhanced the standing of the grain and feed industry in the state of texas.

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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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IRS990/OtherLiabilitiesGrp/BOYAmt02405
IRS990/OtherLiabilitiesGrp/EOYAmt02415
IRS990/OtherRevenueMiscGrp/BusinessCd0511120
IRS990/OtherRevenueMiscGrp/Desc0INVESTMENTS
IRS990/OtherRevenueMiscGrp/Desc1DIRECTORY
IRS990/OtherRevenueMiscGrp/ExclusionAmt038758
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt038758
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt137922
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt037922
IRS990/OtherRevenueTotalAmt076680
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt038988
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0116964
IRS990/OtherSalariesAndWagesGrp/TotalAmt0155952
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03054
IRS990/PayrollTaxesGrp/ProgramServicesAmt09161
IRS990/PayrollTaxesGrp/TotalAmt012215
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03525
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt010574
IRS990/PensionPlanContributionsGrp/TotalAmt014099
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0BEN BOERNER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0DUES
IRS990/ProgramServiceRevenueGrp/Desc1CONVENTION
IRS990/ProgramServiceRevenueGrp/Desc2TRADE SHOW
IRS990/ProgramServiceRevenueGrp/Desc3SEMINARS
IRS990/ProgramServiceRevenueGrp/Desc4MISCELLANEOUS
IRS990/ProgramServiceRevenueGrp/ExclusionAmt098878
IRS990/ProgramServiceRevenueGrp/ExclusionAmt131375
IRS990/ProgramServiceRevenueGrp/ExclusionAmt27488
IRS990/ProgramServiceRevenueGrp/ExclusionAmt34369
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0214426
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0214426
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt198878
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt231375
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt37488
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt44369
IRS990/ProgSrvcAccomActyOtherGrp/Desc0DURING THE YEAR THE ASSOCIATION ENHANCED THE STANDING OF THE GRAIN AND FEED INDUSTRY IN THE STATE OF TEXAS.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt046491
IRS990/PYOtherExpensesAmt0179210
IRS990/PYOtherRevenueAmt062783
IRS990/PYProgramServiceRevenueAmt0340400
IRS990/PYRevenuesLessExpensesAmt075681
IRS990/PYSalariesCompEmpBnftPaidAmt0194783
IRS990/PYTotalExpensesAmt0373993
IRS990/PYTotalRevenueAmt0449674
IRS990/ReconcilationRevenueExpnssAmt040688
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt033814
IRS990ScheduleD/EquipmentGrp/DepreciationAmt042976
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt076790
IRS990ScheduleD/ExpensesSubtotalAmt0421057
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02415
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RETIREMENT PLAN PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt0461745
IRS990ScheduleD/TotalBookValueLandBuildingsAmt033814
IRS990ScheduleD/TotalExpensesPerForm990Amt0421057
IRS990ScheduleD/TotalLiabilityAmt02415
IRS990ScheduleD/TotalRevenuePerForm990Amt0461745
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0461745
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0421057
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt012500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt01125
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0NICHELLE JAEGER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EMPLOYEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt013625
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DURING THE YEAR THE ASSOCIATION ENHANCED THE STANDING OF THE GRAIN AND FEED INDUSTRY IN THE STATE OF TEXAS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE REVIEW OF THE FORM 990 IS CONDUCTED BY THE PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD REVIEWS AND DETERMINES ANNUAL COMPENSATION AT THE ANNUAL BOARD MEETING THROUGH A VOTING PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING BOARD DETERMINES ANNUAL COMPENSATION OF THE OTHER OFFICERS AND KEY EMPLOYEES THROUGH A VOTING PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01040810
IRS990/TotalAssetsEOYAmt01072393
IRS990/TotalAssetsGrp/BOYAmt01040810
IRS990/TotalAssetsGrp/EOYAmt01072393
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt094868
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0326189
IRS990/TotalFunctionalExpensesGrp/TotalAmt0421057
IRS990/TotalGrossUBIAmt038251
IRS990/TotalLiabilitiesBOYAmt0183462
IRS990/TotalLiabilitiesEOYAmt0174357
IRS990/TotalLiabilitiesGrp/BOYAmt0183462
IRS990/TotalLiabilitiesGrp/EOYAmt0174357
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0857348
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0898036
IRS990/TotalOtherCompensationAmt020925
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0329
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt0329
IRS990/TotalProgramServiceExpensesAmt0326189
IRS990/TotalProgramServiceRevenueAmt0356865
IRS990/TotalReportableCompFromOrgAmt0127500
IRS990/TotalRevenueGrp/ExclusionAmt0209426
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0214068
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0461745
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt038251
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01040810
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01072393
IRS990/TravelGrp/ProgramServicesAmt034178
IRS990/TravelGrp/TotalAmt034178
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0857348
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0898036
IRS990/USAddress/AddressLine101701 RIVER RUN SUITE 802
IRS990/USAddress/City0FORT WORTH
IRS990/USAddress/State0TX
IRS990/USAddress/ZIPCode076107
IRS990/VotingMembersGoverningBodyCnt0418
IRS990/VotingMembersIndependentCnt0418
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02015-11-30 17:44:51Z

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.67$0.07$1.61$0.63$0.60$0.03
2024Detailed filing. Detailed filing data is available for this year.$1.70$0.21$1.49$0.63$0.54$0.10
2023Detailed filing. Detailed filing data is available for this year.$1.38$0.04$1.34$0.45$0.51$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.60$0.19$1.41$0.40$0.38$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.64$0.18$1.45$0.34$0.30$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.41$0.07$1.34$0.34$0.39$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.42$0.13$1.30$0.46$0.43$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.47$0.28$1.19$0.56$0.43$0.13
2017Detailed filing. Detailed filing data is available for this year.$1.28$0.17$1.11$0.54$0.38$0.16
2016Detailed filing. Detailed filing data is available for this year.$1.15$0.19$0.96$0.42$0.43$0.00
2015Detailed filing. Detailed filing data is available for this year.$1.15$0.18$0.96$0.48$0.42$0.07
2014Detailed filing. Detailed filing data is available for this year.$1.07$0.17$0.90$0.46$0.42$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.18$0.86$0.37
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$0.17$0.78$0.38