Civic Intelligence

Flexible Intermediate Bulk Container Association Inc

990 • Fiscal year 2024 • EIN 75-2374070

Jan 01, 2024 to Dec 31, 2024 • Filed on Mar 08, 2025

Organization ProfileFIBCA.COM
Corporation Service CO 2 Sun CourtPeachtree Corners, GA 30092

(952) 412-8867

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$422,010

Up $161,443 (+62%) from 2023

Net Assets

Up

$275,010

Up $20,443 (+8.0%) from 2023

Liabilities

Up

$147,000

Up $141,000 (+2350%) from 2023

Revenue And Expenses

Revenue

Up

$533,543

Up $27,369 (+5.4%) from 2023

Expenses

Down

$513,100

Down $12,808 (-2.4%) from 2023

Net Income

Up

$20,443

Up $40,177 (+204%) from 2023

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $43,222Liabilities 2011: $02011Assets 2012: $41,260Liabilities 2012: $02012Assets 2013: $44,209Liabilities 2013: $02013Assets 2014: $59,354Liabilities 2014: $0Net Assets 2014: $59,3542014Assets 2015: $66,112Liabilities 2015: $0Net Assets 2015: $66,1122015Assets 2016: $175,606Liabilities 2016: $81,892Net Assets 2016: $93,7142016Assets 2017: $114,525Liabilities 2017: $12,370Net Assets 2017: $102,1552017Assets 2018: $136,547Liabilities 2018: $16,130Net Assets 2018: $120,4172018Assets 2019: $158,006Liabilities 2019: $18,972Net Assets 2019: $139,0342019Assets 2020: $244,399Liabilities 2020: $2,375Net Assets 2020: $242,0242020Assets 2021: $259,886Liabilities 2021: $4,875Net Assets 2021: $255,0112021Assets 2022: $280,151Liabilities 2022: $5,850Net Assets 2022: $274,3012022Assets 2023: $260,567Liabilities 2023: $6,000Net Assets 2023: $254,5672023Assets 2024: $422,010Liabilities 2024: $147,000Net Assets 2024: $275,0102024

Highlighted filing

2024

Assets$422,010
Liabilities$147,000
Net Assets$275,010
Open 2024 Filing

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $145,279Expenses 2011: $143,431Net Income 2011: $1,8482011Revenue 2012: $179,188Expenses 2012: $181,151Net Income 2012: -$1,9632012Revenue 2013: $197,834Expenses 2013: $194,886Net Income 2013: $2,9482013Revenue 2014: $212,375Expenses 2014: $197,267Net Income 2014: $15,1082014Revenue 2015: $234,958Expenses 2015: $228,223Net Income 2015: $6,7352015Revenue 2016: $330,361Expenses 2016: $302,760Net Income 2016: $27,6012016Revenue 2017: $355,529Expenses 2017: $347,088Net Income 2017: $8,4412017Revenue 2018: $362,642Expenses 2018: $344,380Net Income 2018: $18,2622018Revenue 2019: $382,069Expenses 2019: $358,308Net Income 2019: $23,7612019Revenue 2020: $308,852Expenses 2020: $205,861Net Income 2020: $102,9912020Revenue 2021: $288,199Expenses 2021: $275,212Net Income 2021: $12,9872021Revenue 2022: $452,723Expenses 2022: $433,433Net Income 2022: $19,2902022Revenue 2023: $506,174Expenses 2023: $525,908Net Income 2023: -$19,7342023Revenue 2024: $533,543Expenses 2024: $513,100Net Income 2024: $20,4432024

Highlighted filing

2024

Revenue$533,543
Expenses$513,100
Net Income$20,443
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 8, 2025
Return Version
2024v5.0
Gross Receipts
$537,908
Mission and Program Overview

Mission

FIBCA's Mission Is To: - Motivate customers to use FIBCs to maximize their profitability, safety, and sustainability; and, Educate its members about regulations and standards, promote the use of their products, and to be a strong voice for the FIBC industry with regulatory agencies around the world.

To educate the fibc / bulk bag industry and end users about regulations, industry standards, safe handling and benefits of use.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$178,857$370,490▲ $191,633
Cash and Non-Interest-Bearing Accounts$29,060$38,453▲ $9,393
Prepaid Expenses and Deferred Charges$48,069$6,589▼ $41,480
Inventories for Sale or Use$4,581$6,478▲ $1,897
Total Assets$260,567$422,010▲ $161,443
Liabilities
Deferred Revenue$6,000$147,000▲ $141,000
Total Liabilities$6,000$147,000▲ $141,000
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$254,567$275,010▲ $20,443
Total Net Assets Fund Balance$254,567$275,010▲ $20,443
Total Liabilities and Net Assets / Fund Balance$260,567$422,010▲ $161,443
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lewis AndersonExecutive DirectorFT$194,200$194,200

Board Members and Trustees

NameTitle
Steve RussellPast President
Ernie GiordanoPresident
Lucas KunkVice President
Danny HochBoard Member
James FosterBoard Member
Justin MurphyBoard Member
Punit GopalkaBoard Member
Howard WeiSecretary
Jay ToddTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Lewis AndersonExec Director (assn Management)PO BOX 240514, Saint Paul, MN 55124$194,200
Revenue and Support

Revenue Composition

Contributions and Grants
$7,950
Program Service Revenue
$510,337
Investment Income
$12,062
Other Revenue
$3,194
All Other Contributions
$7,950
Change in Net Assets
$20,443
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$313,389
Salaries, Compensation, and Employee Benefits$194,200
Grants and Similar Amounts Paid$5,511
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$250,767--$250,767
Current Officers, Directors, Trustees, and Key Employees$194,200--$194,200
Office Expenses$19,753--$19,753
Travel$15,308--$15,308
Fees for Services Other$11,898--$11,898
Information Technology$5,096--$5,096
Grants to Domestic Individuals$5,000--$5,000
Other Expenses$3,567--$3,567
Insurance$3,347--$3,347
Fees for Services Accounting$2,978--$2,978
Fees for Services Legal$675--$675
Grants to Domestic Orgs$511--$511
Total Functional Expenses$513,100$0$0$513,100
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
Yes
Subject to proxy tax
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The flexible intermediate bulk container association has two classes of membership as follows: regular members: companies that manufacture, sell, or recondition flexible intermediate bulk containers. Associate members: companies that provide a product or service relating to the manufacture, marketing, or use of flexible intermediate bulk containers.”

Form 990, Part VI, Section A, Line 7A

“The members of the flexible intermediate bulk container association present at the annual and semi-annual conferences elect the board of directors.”

Form 990, Part VI, Section A, Line 7B

“The board of directors recommends changes to the bylaws, which must be approved by the membership present at the annual or semi-annual conferences.”

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

“The executive director carefully reviews the federal form 990 and schedules prior to filing. Copies of the federal form 990 and schedules are electronically distributed to the board of directors for review.”

Form 990, Part VI, Section B, Line 15A

“The executive director's compensation is reviewed and approved by the board of directors during the winter board of directors meeting each year.”

Form 990, Part VI, Section C, Line 19

“The flexible intermediate bulk container association's governing documents and financial statements are available to the members on the fibca website and to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Flexible Intermediate Bulk Container
EIN
75-2374070
Phone
9524128867
Address
CORPORATION SERVICE CO 2 SUN COURT, PEACHTREE CORNERS, GA 30092

Signing Officer

Name
Lewis Anderson
Title
Executive Director
Phone
9524128867
Signed
2025-03-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lewis Anderson
Formed
1984
Legal Domicile
Ga
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Mahoney Ulbrich Christiansen & Russ Pa
Address
10 RIVER PARK PLAZA SUITE 800, SAINT PAUL, MN 55107
Preparer
Tonya J Sheldon
Phone
6512276695
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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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IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FLEXIBLE INTERMEDIATE BULK CONTAINER ASSOCIATION HAS TWO CLASSES OF MEMBERSHIP AS FOLLOWS: REGULAR MEMBERS: COMPANIES THAT MANUFACTURE, SELL, OR RECONDITION FLEXIBLE INTERMEDIATE BULK CONTAINERS. ASSOCIATE MEMBERS: COMPANIES THAT PROVIDE A PRODUCT OR SERVICE RELATING TO THE MANUFACTURE, MARKETING, OR USE OF FLEXIBLE INTERMEDIATE BULK CONTAINERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS OF THE FLEXIBLE INTERMEDIATE BULK CONTAINER ASSOCIATION PRESENT AT THE ANNUAL AND SEMI-ANNUAL CONFERENCES ELECT THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS RECOMMENDS CHANGES TO THE BYLAWS, WHICH MUST BE APPROVED BY THE MEMBERSHIP PRESENT AT THE ANNUAL OR SEMI-ANNUAL CONFERENCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE DIRECTOR CAREFULLY REVIEWS THE FEDERAL FORM 990 AND SCHEDULES PRIOR TO FILING. COPIES OF THE FEDERAL FORM 990 AND SCHEDULES ARE ELECTRONICALLY DISTRIBUTED TO THE BOARD OF DIRECTORS FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS DURING THE WINTER BOARD OF DIRECTORS MEETING EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FLEXIBLE INTERMEDIATE BULK CONTAINER ASSOCIATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE MEMBERS ON THE FIBCA WEBSITE AND TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
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IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
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IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalContributionsAmt07950
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0513100
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IRS990/TotalLiabilitiesGrp/EOYAmt0147000
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IRS990/TotalProgramServiceRevenueAmt0510337
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IRS990/TotalRevenueGrp/ExclusionAmt012062
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0513531
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0533543
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0422010
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IRS990/TravelGrp/TotalAmt015308
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IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LEWIS ANDERSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09524128867
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FLEXIBLE INTERMEDIATE BULK CONTAINER
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION INC
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ReturnHeader/Filer/PhoneNum09524128867
ReturnHeader/Filer/USAddress/AddressLine1Txt0CORPORATION SERVICE CO 2 SUN COURT
ReturnHeader/Filer/USAddress/CityNm0PEACHTREE CORNERS
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411647057
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MAHONEY ULBRICH CHRISTIANSEN & RUSS PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010 RIVER PARK PLAZA SUITE 800
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAINT PAUL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055107
ReturnHeader/PreparerPersonGrp/PhoneNum06512276695
ReturnHeader/PreparerPersonGrp/PreparationDt02025-03-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TONYA J SHELDON
ReturnHeader/ReturnTs02025-03-11T21:25:29-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$422,010
Liabilities
$147,000
Net assets
$275,010
Revenue
$533,543
Expenses
$513,100
Net income
$20,443
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.22$1.47$2.75$5.34$5.13$0.20
2023Detailed filing. Detailed filing data is available for this year.$2.61$0.06$2.55$5.06$5.26$0.20
2022Detailed filing. Detailed filing data is available for this year.$2.80$0.06$2.74$4.53$4.33$0.19
2021Detailed filing. Detailed filing data is available for this year.$2.60$0.05$2.55$2.88$2.75$0.13
2020Summary only. Only limited summary data is available for this year.$2.44$0.02$2.42$3.09$2.06$1.03
2019Summary only. Only limited summary data is available for this year.$1.58$0.19$1.39$3.82$3.58$0.24
2018Summary only. Only limited summary data is available for this year.$1.37$0.16$1.20$3.63$3.44$0.18
2017Summary only. Only limited summary data is available for this year.$1.15$0.12$1.02$3.56$3.47$0.08
2016Summary only. Only limited summary data is available for this year.$1.76$0.82$0.94$3.30$3.03$0.28
2015Summary only. Only limited summary data is available for this year.$0.66$0.00$0.66$2.35$2.28$0.07
2014Summary only. Only limited summary data is available for this year.$0.59$0.00$0.59$2.12$1.97$0.15
2013Summary only. Only limited summary data is available for this year.$0.44$0.00$1.98$1.95$0.03
2012Summary only. Only limited summary data is available for this year.$0.41$0.00$1.79$1.81$0.02
2011Summary only. Only limited summary data is available for this year.$0.43$0.00$1.45$1.43$0.02