Civic Intelligence

Agbenefits

990 • Fiscal year 2020 • EIN 85-6127618

Jun 01, 2019 to May 31, 2020 • Filed on Sep 14, 2020

P O Box 65212Lubbock, TX 79464

(806) 731-4092

Siviq Scores

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

Liabilities / Assets

78th percentile

0.15x

Higher debt load relative to assets than 78% of similar nonprofits.

2020 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

61st percentile

0.03x

Higher debt load relative to revenue than 61% of similar nonprofits.

2020 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2020

Net Margin

64th percentile

13%

Higher net margin than 64% of similar nonprofits.

2020 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

56th percentile

$0

Higher top officer pay than 56% of similar nonprofits.

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

2020 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2020

Asset Growth

2nd percentile

-69%

Faster asset growth than 2% of similar nonprofits.

2020 filings • 501(c)9 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

10th percentile

-48%

Faster revenue growth than 10% of similar nonprofits.

2020 filings • 501(c)9 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$914,556

Down $2,000,356 (-69%) from 2019

Net Assets

Up

$781,493

Up $560,355 (+253%) from 2019

Liabilities

Down

$133,063

Down $2,560,711 (-95%) from 2019

Revenue

Down

$4,402,737

Down $4,051,648 (-48%) from 2019

Expenses

Down

$3,842,382

Down $5,783,457 (-60%) from 2019

Net Income

Up

$560,355

Up $1,731,809 (+148%) from 2019

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2012: $3,497,392Liabilities 2012: $697,588Net Assets 2012: $2,799,8042012Assets 2013: $4,019,702Liabilities 2013: $633,995Net Assets 2013: $3,385,7072013Assets 2014: $4,366,964Liabilities 2014: $485,498Net Assets 2014: $3,881,4662014Assets 2015: $3,270,925Liabilities 2015: $872,025Net Assets 2015: $2,398,9002015Assets 2016: $2,948,043Liabilities 2016: $1,242,379Net Assets 2016: $1,705,6642016Assets 2017: $2,625,357Liabilities 2017: $1,461,014Net Assets 2017: $1,164,3432017Assets 2018: $2,459,673Liabilities 2018: $1,432,359Net Assets 2018: $1,027,3142018Assets 2019: $2,914,912Liabilities 2019: $2,693,774Net Assets 2019: $221,1382019Assets 2020: $914,556Liabilities 2020: $133,063Net Assets 2020: $781,4932020Assets 2021: $549,360Liabilities 2021: $0Net Assets 2021: $549,3602021Assets 2022: $539,529Liabilities 2022: $0Net Assets 2022: $539,5292022Assets 2023: $532,859Liabilities 2023: $0Net Assets 2023: $532,8592023Assets 2024: $0Net Assets 2024: $02024

Highlighted filing

2020

Assets$914,556
Liabilities$133,063
Net Assets$781,493

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2012: $6,997,741Expenses 2012: $6,619,355Net Income 2012: $378,3862012Revenue 2013: $6,444,422Expenses 2013: $5,831,865Net Income 2013: $612,5572013Revenue 2014: $5,867,143Expenses 2014: $5,770,567Net Income 2014: $96,5762014Revenue 2015: $7,127,272Expenses 2015: $7,898,715Net Income 2015: -$771,4432015Revenue 2016: $7,806,954Expenses 2016: $7,494,526Net Income 2016: $312,4282016Revenue 2017: $8,071,207Expenses 2017: $8,884,501Net Income 2017: -$813,2942017Revenue 2018: $8,424,202Expenses 2018: $8,482,453Net Income 2018: -$58,2512018Revenue 2019: $8,454,385Expenses 2019: $9,625,839Net Income 2019: -$1,171,4542019Revenue 2020: $4,402,737Expenses 2020: $3,842,382Net Income 2020: $560,3552020Revenue 2021: $11,206Expenses 2021: $243,339Net Income 2021: -$232,1332021Revenue 2022: $5,884Expenses 2022: $15,715Net Income 2022: -$9,8312022Revenue 2023: $472Expenses 2023: $7,142Net Income 2023: -$6,6702023Revenue 2024: $520Expenses 2024: $533,379Net Income 2024: -$532,8592024

Highlighted filing

2020

Revenue$4,402,737
Expenses$3,842,382
Net Income$560,355
Jump To
Filing Snapshot
Filing Period
Jun 1, 2019 to May 31, 2020
Signed
Sep 14, 2020
Return Version
2019v5.0
Gross Receipts
$4,402,737
Mission and Program Overview

Mission

Provide fully insured life and health coverage under the self-insured multiple employer welfare arrangement.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,830,800$0▼ $1,830,800
Rtn Earn Endowment Incm Other Fnds$221,138$781,493▲ $560,355
Cash and Non-Interest-Bearing Accounts$239,889$603,127▲ $363,238
Other Notes and Loans Receivable, Net$219,644$306,375▲ $86,731
Land, Buildings, and Equipment, Net$14,096$0▼ $14,096
Accounts Receivable$604,075$4,734▼ $599,341
Prepaid Expenses and Deferred Charges$5,308$220▼ $5,088
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,914,912$914,556▼ $2,000,356
Other Assets Total$1,100$100▼ $1,000
Liabilities
Deferred Revenue$673,654--
Accounts Payable and Accrued Expenses$2,019,531$133,063▼ $1,886,468
Other Liabilities$589--
Total Liabilities$2,693,774$133,063▼ $2,560,711
Net Assets / Fund Balance
Total Net Assets Fund Balance$221,138$781,493▲ $560,355
Total Liabilities and Net Assets / Fund Balance$2,914,912$914,556▼ $2,000,356
Compensation and Service Providers

Board Members and Trustees

NameTitle
Paul WilsonPresident
Buzz CoooperDirector
Craig RohrbachDirector
Larry BlackDirector
Phillip KiddDirector
Tommy EnglekeDirector
Tony WilliamsDirector
Marcelo AguilarInterim Exec Director
Bret BrownSecretary/Treas
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,368,082
Investment Income
$34,655
Other Revenue
$0
Change in Net Assets
$560,355

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,402,737
Total Revenue per Audited Statements
$4,402,737
Total Revenue per Form 990
$4,402,737
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,369,817
Salaries, Compensation, and Employee Benefits$472,565
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$292,451$32,495-$324,946
All Other Expenses$114,858$1,035-$115,893
Current Officers, Directors, Trustees, and Key Employees$64,422$27,610-$92,032
Other Expenses$84,885--$84,885
Fees for Services Legal$75,540$8,393-$83,933
Occupancy$29,226$3,247-$32,473
Payroll Taxes$25,456$2,740-$28,196
Fees for Services Accounting$22,354$2,484-$24,838
Travel$14,541$1,616-$16,157
Other Employee Benefits$10,939$4,687-$15,626
Depreciation Depletion$12,686$1,410-$14,096
Pension Plan Contributions$8,235$3,530-$11,765
Insurance$5,396$599-$5,995
Advertising$1,913$212-$2,125
Office Expenses$1,283$143-$1,426
Interest$890$99-$989
Total Functional Expenses$3,752,082$90,300$0$3,842,382

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,842,382
Total Expenses per Audited Statements$3,842,382
Total Expenses per Form 990$3,842,382
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
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, Part VI, Line 11B: Form 990 Review Process

CFO and Executive Director review the tax return. After finalizing the tax return, the Chairman of the Board reviews and signs the tax return.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Each year the Board of Directors and Key Employees sign a conflict of interest statement.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The board and compensation committee review and approve compensation.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Agbenefits
EIN
85-6127618
Phone
8067314092
Address
P O BOX 65212, LUBBOCK, TX 79464

Signing Officer

Name
Marcelo Aguilar
Title
Interim Exec Directo
Signed
2020-09-14
Discuss with paid preparer
Yes

Organization Details

Formed
2002
Legal Domicile
TX
Voting Board Members
8
Independent Board Members
0
Employees
10

Preparer

Firm
Moseley & Riddle
Address
621 West 7th Street, Plainview, TX 79072-6219
Preparer
Rita Moseley
Phone
8062933681
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IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt032495
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0292451
IRS990/OtherSalariesAndWagesGrp/TotalAmt0324946
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0219644
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0306375
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02740
IRS990/PayrollTaxesGrp/ProgramServicesAmt025456
IRS990/PayrollTaxesGrp/TotalAmt028196
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03530
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt08235
IRS990/PensionPlanContributionsGrp/TotalAmt011765
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05308
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0220
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0CHANGE IN IBNR RESERVES
IRS990/ProgramServiceRevenueGrp/Desc1CLAIM PAYMENT REFUNDS
IRS990/ProgramServiceRevenueGrp/Desc2PREMIUM CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/Desc3REBATES
IRS990/ProgramServiceRevenueGrp/Desc4SPECIAL ASSESSMENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0983878
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt154230
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22541530
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt389145
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4676142
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0983878
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt154230
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22541530
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt389145
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4676142
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt031710
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt08868227
IRS990/PYProgramServiceRevenueAmt08422675
IRS990/PYRevenuesLessExpensesAmt0-1171454
IRS990/PYSalariesCompEmpBnftPaidAmt0757612
IRS990/PYTotalExpensesAmt09625839
IRS990/PYTotalRevenueAmt08454385
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0560355
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0221138
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0781493
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01830800
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt03842382
IRS990ScheduleD/RevenueSubtotalAmt04402737
IRS990ScheduleD/TotalExpensesPerForm990Amt03842382
IRS990ScheduleD/TotalRevenuePerForm990Amt04402737
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04402737
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03842382
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CFO and Executive Director review the tax return. After finalizing the tax return, the Chairman of the Board reviews and signs the tax return.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Each year the Board of Directors and Key Employees sign a conflict of interest statement.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The board and compensation committee review and approve compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02914912
IRS990/TotalAssetsEOYAmt0914556
IRS990/TotalAssetsGrp/BOYAmt02914912
IRS990/TotalAssetsGrp/EOYAmt0914556
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt090300
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03752082
IRS990/TotalFunctionalExpensesGrp/TotalAmt03842382
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02693774
IRS990/TotalLiabilitiesEOYAmt0133063
IRS990/TotalLiabilitiesGrp/BOYAmt02693774
IRS990/TotalLiabilitiesGrp/EOYAmt0133063
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0221138
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0781493
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt023157
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt023157
IRS990/TotalProgramServiceRevenueAmt04368082
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04402737
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04402737
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02914912
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0914556
IRS990/TravelGrp/ManagementAndGeneralAmt01616
IRS990/TravelGrp/ProgramServicesAmt014541
IRS990/TravelGrp/TotalAmt016157
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0P O BOX 65212
IRS990/USAddress/CityNm0LUBBOCK
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd0794645212
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARCELO AGUILAR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Interim Exec Directo
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-09-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AGBENEFITS
ReturnHeader/Filer/BusinessNameControlTxt0AGBE
ReturnHeader/Filer/EIN0856127618
ReturnHeader/Filer/PhoneNum08067314092
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 65212
ReturnHeader/Filer/USAddress/CityNm0LUBBOCK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd079464
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0752759416
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MOSELEY & RIDDLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0621 West 7th Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Plainview
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0790726219
ReturnHeader/PreparerPersonGrp/PhoneNum08062933681
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Rita Moseley
ReturnHeader/ReturnTs02020-09-14T11:34:56-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-06-01

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