Civic Intelligence

Us Roundtable for Sustainable Beef Inc

990 • Fiscal year 2023 • EIN 81-4414776

Oct 01, 2022 to Sep 30, 2023 • Filed on Aug 07, 2024

9110 E Nichols Avenue 300Centennial, CO 80112-3425

(303) 694-0305

Siviq Scores

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

Liabilities / Assets

40th percentile

0.00x

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

2023 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

40th percentile

0.00x

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

2023 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2023

Net Margin

78th percentile

19%

Higher net margin than 78% of similar nonprofits.

2023 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2023 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2023

Asset Growth

93rd percentile

36%

Faster asset growth than 93% of similar nonprofits.

2023 filings • 501(c)5 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

90th percentile

36%

Faster revenue growth than 90% of similar nonprofits.

2023 filings • 501(c)5 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$698,375

Up $183,608 (+36%) from 2022

Net Assets

Up

$698,375

Up $183,608 (+36%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$981,168

Up $261,850 (+36%) from 2022

Expenses

Up

$797,560

Up $99,063 (+14%) from 2022

Net Income

Up

$183,608

Up $162,787 (+782%) from 2022

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2017: $241,989Liabilities 2017: $0Net Assets 2017: $241,9892017Assets 2018: $300,631Liabilities 2018: $0Net Assets 2018: $300,6312018Assets 2019: $300,086Liabilities 2019: $0Net Assets 2019: $300,0862019Assets 2020: $349,034Liabilities 2020: $0Net Assets 2020: $349,0342020Assets 2021: $493,946Liabilities 2021: $0Net Assets 2021: $493,9462021Assets 2022: $514,767Liabilities 2022: $0Net Assets 2022: $514,7672022Assets 2023: $698,375Liabilities 2023: $0Net Assets 2023: $698,3752023Assets 2024: $729,787Liabilities 2024: $0Net Assets 2024: $729,7872024

Highlighted filing

2023

Assets$698,375
Liabilities$0
Net Assets$698,375

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2017: $452,242Expenses 2017: $416,980Net Income 2017: $35,2622017Revenue 2018: $573,333Expenses 2018: $514,691Net Income 2018: $58,6422018Revenue 2019: $605,344Expenses 2019: $605,889Net Income 2019: -$5452019Revenue 2020: $735,018Expenses 2020: $686,070Net Income 2020: $48,9482020Revenue 2021: $884,885Expenses 2021: $739,973Net Income 2021: $144,9122021Revenue 2022: $719,318Expenses 2022: $698,497Net Income 2022: $20,8212022Revenue 2023: $981,168Expenses 2023: $797,560Net Income 2023: $183,6082023Revenue 2024: $932,122Expenses 2024: $900,710Net Income 2024: $31,4122024

Highlighted filing

2023

Revenue$981,168
Expenses$797,560
Net Income$183,608
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Aug 7, 2024
Return Version
2022v5.0
Gross Receipts
$981,168
Mission and Program Overview

Mission

To advance, support and communicate continuous improvement in the sustainability of u.s. Beef production by educating and engaging the beef value-chain through a collaborative multi-stakeholder effort.

To advance, support and communicate continuous improvement (see schdeule o)in the sustainability of u.s. Beef production by educating and engaging the beef value-chain through a collaborative multi-stakeholder effort

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$514,767$698,375▲ $183,608
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$514,767$698,375▲ $183,608
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$514,767$698,375▲ $183,608
Total Net Assets Fund Balance$514,767$698,375▲ $183,608
Total Liabilities and Net Assets / Fund Balance$514,767$698,375▲ $183,608
Compensation and Service Providers

Board Members and Trustees

NameTitle
Chad EllisChair (as of 05/23)
Mike WilliamsChair Elect (as of 05/23)
Debbie Lyons-blythePast Chair (non-voting as of 05/23)
Bill ThoniDirector
Bruce DaleyDirector
Gene LollisDirector
Kendra LevineDirector
Nancy LabbeDirector
Paula AlexanderDirector
Rob ManesDirector
Tom McdonaldDirector
Wayne MorganDirector (as of 01/23)
Belinda RichardsonDirector (as of 05/23)
Brooke DavisDirector (as of 05/23)
Clayton HusemanDirector (as of 05/23)
Hugh AljoeDirector (as of 05/23)
Jamee KrugDirector (as of 05/23)
Jessica WillinghamDirector (as of 05/23)
Lance ZimmermanDirector (as of 05/23)
Rob CannellDirector (as of 05/23)
Tim HardmanDirector (as of 05/23)
Brett BaselDirector (thru 01/23)
Caitlin ColegroveDirector (thru 05/23)
Jessica FinckDirector (thru 05/23)
Jessica LangleyDirector (thru 05/23)
Kevin SimsDirector (thru 05/23)
Kristie MaczkoDirector (thru 05/23)
Matthew ClevelandDirector (thru 05/23)
Michael MccartyDirector (thru 05/23)
Nikki RichardsonDirector (thru 05/23)
Scott AndersonSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
National Cattlemen's Beef AssociationAdministration9110 E NICHOLS AVE, Centennial, CO 80112$375,243
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$966,255
Investment Income
$14,913
Other Revenue
$0
Change in Net Assets
$183,608
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$797,560
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
Fees for Services Management---$331,145
Fees for Services Other---$262,474
Conferences and Meetings---$122,272
Travel---$59,643
Office Expenses---$18,903
Fees for Services Accounting---$1,993
Information Technology---$958
Fees for Services Legal---$172
Total Functional Expenses$0$0$0$797,560
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
Annual disclosure for covered persons
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
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 1A

Delegation of authority per the organization's bylaws the officers of the corporation shall have authority and shall exercise such powers and perform the duties per the bylaws and as may be additionally specified by the chair, board of directors, or bylaws, except that in any event each officer shall exercise such powers and perform such duties as may be required by law.

Form 990, Part VI, Section A, Line 6

Members or stockholders the organization has five classes of membership: producers, allied industry members, processors, retail members and civil society members.

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

Members or stockholders who may elect the association members and registrants shall elect the chair and a vice chair (also referred to as the "chair-elect") at the stakeholders congress. Each constituency group (i.e. Class of membership) elects 2 primary directors to the board of directors prior to the annual general assembly meeting. Primary directors appoint one alternative director.

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

Decisions subject to approval decisions of the working groups and committees are subject to approval by the board of directors. Amendments to repeal the bylaws requires approval from both the board of directors and then a majority vote of the full membership.

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

Form 990 review process the form 990 is prepared by the organization's professional tax preparer and reviewed in detail by the organization's treasurer, contracted administrator and contracted controller. A complete copy of the form 990 is provided to the governing body before it is filed.

Form 990, Part VI, Section B, Line 12C

Conflict of interest policy & whistleblower policy the organization requires that the board of directors agree to uphold the organization policies and procedures, which includes the conflict of interest policy. The board of directors, when encountering potential conflicts of interest, shall identify the potential conflict and, as required, remove themselves from all discussion and voting on the matters.

Form 990, Part VI, Section C, Line 19

How documents are made available to the public the organization makes its form 990 available upon request. Additionally, it makes its governing documents and financial statements available to the public, upon request, as required by law.

Filing and Contact Details

Filer

Filer Name
US Roundtable for Sustainable Beef
EIN
81-4414776
Phone
3036940305
Address
9110 E NICHOLS AVENUE 300, CENTENNIAL, CO 80112-3425

Signing Officer

Name
Scott Anderson
Title
Treasurer
Phone
3036940305
Signed
2024-08-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chad Ellis
Formed
2016
Legal Domicile
Co
Voting Board Members
20
Independent Board Members
20
Employees
0
Volunteers
31

Preparer

Firm
Grant Thornton Advisors LLC
Address
75 STATE STREET 13TH FLOOR, BOSTON, MA 02109
Preparer
Erin Couture
Phone
6177237900
Supplemental Narrative

Additional Explanations

FORM 990, PART III, LINE 4A, DESCRIPTION OF PROGRAM SERVICE:

To advance, support and communicate continuous improvement in the sustainability of u.s. Beef production by educating and engaging the beef value-chain through a collaborative multi-stakeholder effort. As a transparent effort focused on shaping the sustainability framework for the u.s. Beef value chain, the usrsb will encourage and promote continuous improvement through several actions, including: - identifying sustainability indicators - recognizing verification methodologies - generating field project date to test sustainability concepts - providing a forum for open discussion, information exchange and program development - offering stakeholders an equal opportunity through membership participation

Form 990, Part IX, Line 11G

Professional services: total expenses 262,474.

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IRS990/Form990PartVIISectionAGrp/PersonNm30SCOTT ANDERSON
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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR (AS OF 05/23)
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IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR (THRU 05/23)
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR (THRU 05/23)
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR (AS OF 05/23)
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR (AS OF 05/23)
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IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR (THRU 05/23)
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR (THRU 05/23)
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR (AS OF 01/23)
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IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR (AS OF 05/23)
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR (THRU 05/23)
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR (AS OF 05/23)
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR (AS OF 05/23)
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IRS990/Form990PartVIISectionAGrp/TitleTxt30SECRETARY/TREASURER
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IRS990/FormationYr02016
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IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1SPONSORSHIPS
IRS990/ProgramServiceRevenueGrp/Desc2MEETING REGISTRATION
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1201730
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt276125

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