Civic Intelligence

Youth Bee Works

990 • Fiscal year 2020 • EIN 81-4554350

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 11, 2021

PO Box 10100Kalispell, MT 59904

(406) 250-9898

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.96x

Higher debt load relative to assets than 92% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

96th percentile

5.15x

Higher debt load relative to revenue than 96% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

77th percentile

24%

Higher net margin than 77% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

50th percentile

$60,000

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 22.6% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

28th percentile

-1.1%

Faster asset growth than 28% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

84th percentile

41%

Faster revenue growth than 84% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$1,428,323

Down $15,780 (-1.1%) from 2019

Net Assets

Up

$58,323

Up $64,220 (+1089%) from 2019

Liabilities

Down

$1,370,000

Down $80,000 (-5.5%) from 2019

Revenue

Up

$265,871

Up $77,682 (+41%) from 2019

Expenses

Up

$201,651

Up $4,792 (+2.4%) from 2019

Net Income

Up

$64,220

Up $72,890 (+841%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2017: $155,503Liabilities 2017: $02017Assets 2018: $158,277Liabilities 2018: $02018Assets 2019: $1,444,103Liabilities 2019: $1,450,000Net Assets 2019: -$5,8972019Assets 2020: $1,428,323Liabilities 2020: $1,370,000Net Assets 2020: $58,3232020Assets 2021: $13,605Liabilities 2021: $0Net Assets 2021: $13,6052021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2020

Assets$1,428,323
Liabilities$1,370,000
Net Assets$58,323

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2017: $30,850Expenses 2017: $25,347Net Income 2017: $5,5032017Revenue 2018: $89,000Expenses 2018: $86,491Net Income 2018: $2,5092018Revenue 2019: $188,189Expenses 2019: $196,859Net Income 2019: -$8,6702019Revenue 2020: $265,871Expenses 2020: $201,651Net Income 2020: $64,2202020Revenue 2021: $81,279Expenses 2021: $62,995Net Income 2021: $18,2842021Revenue 2022: $51,650Expenses 2022: $65,255Net Income 2022: -$13,6052022

Highlighted filing

2020

Revenue$265,871
Expenses$201,651
Net Income$64,220
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 11, 2021
Return Version
2020v4.0
Gross Receipts
$266,000
Mission and Program Overview

Mission

Develop cutting-edge, nutrient dense, pesticide-free pure food in state-of-the-art vertical enclosed greenhouse environment. The goal is to improve health, particularly with nutritional benefits for cancer, cardio, auto-immune, and Alzheimer's patients.

To develop technical solutions in food production, optimize nutrition and energy in food for increased health, and educate the public about these developments and solutions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,424,430$1,424,430→ $0
Cap Stk Tr Prin Current Funds$0$64,220▲ $64,220
Inventories for Sale or Use$0$6,914▲ $6,914
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Cash and Non-Interest-Bearing Accounts$12,759$-3,021▼ $15,780
Rtn Earn Endowment Incm Other Fnds$-5,897$-5,897→ $0
Total Assets$1,444,103$1,428,323▼ $15,780
Other Assets Total$6,914--
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,450,000$1,370,000▼ $80,000
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$1,450,000$1,370,000▼ $80,000
Net Assets / Fund Balance
Total Net Assets Fund Balance$-5,897$58,323▲ $64,220
Total Liabilities and Net Assets / Fund Balance$1,444,103$1,428,323▼ $15,780

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,424,430-$1,424,430
Buildings$0$0$0
Other Land Buildings$0$0$0
Equipment$0$0$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Bill SchniedersTrustee and Vice PresidentPT$60,000$60,000
Howard F WilkinsTrustee and PresidentFT$50,000$50,000

Board Members and Trustees

NameTitle
Craig WilkinsTrustee
David WilkinsTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$265,200
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$671
All Other Contributions
$265,200
Change in Net Assets
$64,220
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$110,000
Other Expenses$91,651
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$110,000$0$0$110,000
Advertising$27,600$0$0$27,600
Occupancy$21,245$0$0$21,245
Travel$18,901$0$0$18,901
Office Expenses$9,755$0$0$9,755
Other Expenses$8,584$0$0$8,584
Fees for Services Other$3,000$0$0$3,000
Fees for Services Legal$1,478$0$0$1,478
All Other Expenses$30$0$0$30
Total Functional Expenses$201,651$0$0$201,651
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Howard F. Wilkins is the father of David Wilkins.

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

Powered Foods financial information is compiled during the fiscal year by an accountant using a software program. The accountant then creates reports using the software program to provide statements of financial activity, cash flows, and financial positions. A specialist familiar with 501(c)(3) organizations then creates the Form 990 Informational Return using the information from the statements of cash flows and financial position. A draft of the 990 is provided to the President for review and changes. When complete, the 990 is submitted online to the IRS.

Form 990, Part VI, Section C, Line 17

Powered Foods is registered as an Ohio public charity with the Ohio Attorney General Charitable Law Section (OAGCLS). Annual reporting and annual fees are paid to OAGCLS as required. Power Foods has an online listing at the OAGCLS website. This public information is available at https://charitableregistration.ohioattorneygeneral.gov/Charities/Research-Charities.aspx.

Form 990, Part VI, Section C, Line 19

Powered Foods makes its governing documents available to the public upon request. Also, Powered Foods Articles of incorporation are available to the public at the Ohio Sec. of State website (Corporations Search). Powered Foods' 990 Informational Returns are available to the public at the IRS Tax Exempt Organization Search. Upon request, Powered Foods will provide a copy of any of the above or any other public document (such as the IRS 501(c)(3) determination letter and IRS Application for Recognition of 501(c)(3) Exempt Status) by mail or email.

Form 990, Part VII, Section A, Line 1A

Due to the illness of Howard F. Wilkins in the latter part of 2020 (and his passing in Feb. of 2021), the Board of Trustees changed in late 2020 and 2021 as follows: Craig Wilkins, Trustee/ Treasurer, David Wilkins, President and Trustee, Paul Trudeau, Trustee/Secretary.

Filing and Contact Details

Filer

Filer Name
Powered Foods
EIN
81-4554350
Phone
4062509898
Address
PO Box 10100, Kalispell, MT 59904

Signing Officer

Name
David Wilkins
Title
President
Phone
4062509898
Signed
2021-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Wilkins
Formed
2016
Legal Domicile
Oh
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Guardian Angel Nonprofit Services
Address
417 Belleview Blvd, Steubenville, OH 43952
Preparer
James Hostetler
Phone
7402820883
Supplemental Narrative

Additional Explanations

Form 990, Header, Line F

David Wilkins, President of the corporation in late 2020 and 2021, is signing as President on behalf of his deceased father, Howard F. Wilkins.

Form 990, Part III (Cont. 4)

As shown on Line 4a, all of the program service expenses for 2020 were for developing technical solutions in food production science, to optimize nutrition and energy in food for increased health. This activity began in 2018. Line 4b, educating the public about these developments and solutions is a future activity. Line 4c, there were no activities in 2020. Thus, there are no expenses related to Lines 4b and 4c activities in 2020.

Form 990, Part III, Line 3

Due to his illness in the latter half of 2020 (and the passing of Howard F. Wilkins in early 2021), the corporation ceased its program activities in the latter half of 2020 and throughout 2021. The Board of Trustees in 2021 is considering formal dissolution of the corporation by the end of 2021 or early in 2022.

Form 990, Part IV, Line 31

Due to the passing of Howard F. Wilkins, the corporation ceased its program activities in late 2020 and throughout 2021. The Board of Trustees in 2021 is considering dissolution of the corporation by the end of 2021 or early in 2022.

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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/MissionDesc0Develop cutting-edge, nutrient dense, pesticide-free pure food in state-of-the-art vertical enclosed greenhouse environment. The goal is to improve health, particularly with nutritional benefits for cancer, cardio, auto-immune, and Alzheimer's patients.
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Job supplies
IRS990/OtherExpensesGrp/Desc1Uncategorized expenses
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt01058
IRS990/OtherExpensesGrp/ProgramServicesAmt18584
IRS990/OtherExpensesGrp/TotalAmt01058
IRS990/OtherExpensesGrp/TotalAmt18584
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherRevenueTotalAmt0800
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0110000
IRS990/OtherSalariesAndWagesGrp/TotalAmt0110000
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0David Wilkins
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0Educate the public about these developments and solutions: this is a future activity.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0Youth Bee Works activities: no activity in 2020.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0188189
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0186859
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-8670
IRS990/PYSalariesCompEmpBnftPaidAmt010000
IRS990/PYTotalExpensesAmt0196859
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0188189
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt064220
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-5897
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-5897
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The $800.00 is uncategorized income.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0265200
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0188189
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt089000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt030850
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0573239
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0800
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0800
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt046310
IRS990ScheduleA/SubstantialContributorsTotAmt0526929
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0265200
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0188189
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt089000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt030850
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0573239
IRS990ScheduleA/TotalSupportAmt0574039
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt00

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