Civic Intelligence

At-Sea Processors Associations

990 • Fiscal year 2020 • EIN 91-1277396

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 16, 2022

4039 21st Ave W Ste 400Seattle, WA 98199

(206) 285-5139

Siviq Scores

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

Liabilities / Assets

10th percentile

0.00x

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

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

10th percentile

0.00x

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

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Net Margin

79th percentile

19%

Higher net margin than 79% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

86th percentile

$285,000

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 21.0% of source-year revenue.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Asset Growth

99th percentile

226%

Faster asset growth than 99% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

47th percentile

-9.7%

Faster revenue growth than 47% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$339,727

Up $235,503 (+226%) from 2019

Net Assets

Up

$339,727

Up $254,725 (+300%) from 2019

Liabilities

Down

$0

Down $19,222 (-100%) from 2019

Revenue

Down

$1,354,332

Down $145,618 (-9.7%) from 2019

Expenses

Down

$1,099,767

Down $382,930 (-26%) from 2019

Net Income

Up

$254,565

Up $237,312 (+1375%) from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $378,843Liabilities 2010: $46,986Net Assets 2010: $331,8572010Assets 2011: $508,961Liabilities 2011: $31,335Net Assets 2011: $477,6262011Assets 2012: $527,946Liabilities 2012: $47,609Net Assets 2012: $480,3372012Assets 2013: $218,043Liabilities 2013: $47,536Net Assets 2013: $170,5072013Assets 2014: $217,966Liabilities 2014: $70,544Net Assets 2014: $147,4222014Assets 2015: $199,148Liabilities 2015: $76,327Net Assets 2015: $122,8212015Assets 2016: $95,592Liabilities 2016: $85,631Net Assets 2016: $9,9612016Assets 2017: $131,064Liabilities 2017: $106,246Net Assets 2017: $24,8182017Assets 2018: $99,281Liabilities 2018: $31,532Net Assets 2018: $67,7492018Assets 2019: $104,224Liabilities 2019: $19,222Net Assets 2019: $85,0022019Assets 2020: $339,727Liabilities 2020: $0Net Assets 2020: $339,7272020Assets 2021: $287,344Liabilities 2021: $0Net Assets 2021: $287,3442021Assets 2022: $356,294Liabilities 2022: $9,322Net Assets 2022: $346,9722022Assets 2023: $74,431Liabilities 2023: $8,352Net Assets 2023: $66,0792023Assets 2024: $138,441Liabilities 2024: $8,352Net Assets 2024: $130,0892024

Highlighted filing

2020

Assets$339,727
Liabilities$0
Net Assets$339,727

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $1,732,350Expenses 2010: $1,718,441Net Income 2010: $13,9092010Expenses 2011: $1,515,8582011Expenses 2012: $1,690,8642012Revenue 2013: $1,418,321Expenses 2013: $1,728,151Net Income 2013: -$309,8302013Revenue 2014: $1,697,057Expenses 2014: $1,720,142Net Income 2014: -$23,0852014Revenue 2015: $1,470,805Expenses 2015: $1,495,406Net Income 2015: -$24,6012015Revenue 2016: $1,504,891Expenses 2016: $1,617,751Net Income 2016: -$112,8602016Revenue 2017: $1,471,370Expenses 2017: $1,456,513Net Income 2017: $14,8572017Revenue 2018: $1,458,283Expenses 2018: $1,415,281Net Income 2018: $43,0022018Revenue 2019: $1,499,950Expenses 2019: $1,482,697Net Income 2019: $17,2532019Revenue 2020: $1,354,332Expenses 2020: $1,099,767Net Income 2020: $254,5652020Revenue 2021: $1,160,093Expenses 2021: $1,212,477Net Income 2021: -$52,3842021Revenue 2022: $1,472,665Expenses 2022: $1,413,037Net Income 2022: $59,6282022Revenue 2023: $1,427,934Expenses 2023: $1,708,827Net Income 2023: -$280,8932023Revenue 2024: $2,187,540Expenses 2024: $2,123,530Net Income 2024: $64,0102024

Highlighted filing

2020

Revenue$1,354,332
Expenses$1,099,767
Net Income$254,565
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 16, 2022
Return Version
2020v4.0
Gross Receipts
$1,354,332
Mission and Program Overview

Mission

To promote the highest possible standards in producing seafood.

To promote the highest standards in producing seafood

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$85,002$339,727▲ $254,725
Cash and Non-Interest-Bearing Accounts$47,748$283,398▲ $235,650
Other Notes and Loans Receivable, Net$45,987$56,197▲ $10,210
Prepaid Expenses and Deferred Charges$9,150$0▼ $9,150
Land, Buildings, and Equipment, Net$1,339$132▼ $1,207
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
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$104,224$339,727▲ $235,503
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$19,222--
Total Liabilities$19,222$0▼ $19,222
Net Assets / Fund Balance
Total Net Assets Fund Balance$85,002$339,727▲ $254,725
Total Liabilities and Net Assets / Fund Balance$104,224$339,727▲ $235,503

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$132$74,689$74,821
Other Land Buildings-$6,647$6,647
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Stephanie MadsenExecutive DirectorFT$285,000$285,000

Board Members and Trustees

NameTitle
Anne VandehoevenDirector
Chris SwasandDirector
Craig CrossDirector
Doug ChristiansenDirector
Inge AndreassenDirector
Jim JohnsonDirector
Joe BundrantDirector
John BundyDirector
Mike ColmanDirector
Mike HydeDirector
Mike LuchinoDirector
Morgan CrowDirector
Stefanie MorelandDirector
Wally PereyraDirector
Jan JacobsOfficer
Karl BratvoldOfficer
Mike BreivikOfficer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,338,657
Program Service Revenue
$0
Investment Income
$950
Other Revenue
$14,725
Change in Net Assets
$254,565
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$791,047
Other Expenses$308,720
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$341,600$38,400-$380,000
Current Officers, Directors, Trustees, and Key Employees---$285,000
Fees for Services Legal$135,594--$135,594
Occupancy-$64,006-$64,006
Fees for Services Other$57,193--$57,193
Other Employee Benefits-$54,531-$54,531
Payroll Taxes$38,750$3,060-$41,810
Pension Plan Contributions-$29,706-$29,706
Fees for Services Accounting-$18,406-$18,406
Travel-$16,380-$16,380
Office Expenses-$9,604-$9,604
Other Expenses$17,000$4,741-$4,741
Depreciation Depletion---$1,207
Insurance-$664-$664
All Other Expenses$-28,837$1,443-$-27,394
Total Functional Expenses$561,300$252,260$0$1,099,767
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
No
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
No
Conflict-of-interest policy
No
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

No review was or will be conducted.

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

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
At-Sea Processors Association
EIN
91-1277396
Phone
2062855139
Address
4039 21st Ave W Ste 400, Seattle, WA 98199

Signing Officer

Name
Stephanie Madsen
Title
Executive Director
Signed
2022-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephanie Madsen
Formed
1985
Legal Domicile
Wa
Voting Board Members
18
Independent Board Members
24
Employees
4
Volunteers
17

Preparer

Firm
Bookkeeping Done Right LLC
Address
40 Lake Bellevue Drive, Bellevue, WA 98005
Preparer
Ken Russell
Phone
4254663466
Supplemental Narrative

Additional Explanations

Amended Explanation

This amended return is being filed due to bookkeeping corrections. The resulting changes are as follows:.Line 5: Salaries: Corrected to $791,047.Line 7: Other Expenses: Corrected to $308,720.Line 8: Total Expenses: Corrected to $1,099,767Line 9: Revenue: Corrected to $254,565.

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IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt024
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt0664
IRS990/InsuranceGrp/TotalAmt0664
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0950
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0950
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt081336
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01339
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0132
IRS990/LandBldgEquipCostOrOtherBssAmt081468
IRS990/LegalDomicileStateCd0WA
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt01338657
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MissionDesc0To promote the highest standards in producing seafood
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt085002
IRS990/NetAssetsOrFundBalancesEOYAmt0339727
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt064006
IRS990/OccupancyGrp/TotalAmt064006
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09604
IRS990/OfficeExpensesGrp/TotalAmt09604
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt054531
IRS990/OtherEmployeeBenefitsGrp/TotalAmt054531
IRS990/OtherExpensesGrp/Desc0Marine Stewardshio Council
IRS990/OtherExpensesGrp/Desc1Assoc Exp
IRS990/OtherExpensesGrp/Desc2Telephone
IRS990/OtherExpensesGrp/Desc3Dues & Subscriptions
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06300
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15019
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt24741
IRS990/OtherExpensesGrp/ProgramServicesAmt017000
IRS990/OtherExpensesGrp/TotalAmt017000
IRS990/OtherExpensesGrp/TotalAmt16300
IRS990/OtherExpensesGrp/TotalAmt25019
IRS990/OtherExpensesGrp/TotalAmt34741
IRS990/OtherRevenueMiscGrp/Desc0MSC Reimb
IRS990/OtherRevenueMiscGrp/ExclusionAmt014725
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt014725
IRS990/OtherRevenueTotalAmt014725
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt038400
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0341600
IRS990/OtherSalariesAndWagesGrp/TotalAmt0380000
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt045987
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt056197
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03060
IRS990/PayrollTaxesGrp/ProgramServicesAmt038750
IRS990/PayrollTaxesGrp/TotalAmt041810
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt029706
IRS990/PensionPlanContributionsGrp/TotalAmt029706
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09150
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Stephanie Madsen
IRS990/PriorPeriodAdjustmentsAmt0160
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01499026
IRS990/PYInvestmentIncomeAmt0924
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0503113
IRS990/PYRevenuesLessExpensesAmt017253
IRS990/PYSalariesCompEmpBnftPaidAmt0979584
IRS990/PYTotalExpensesAmt01482697
IRS990/PYTotalRevenueAmt01499950
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0254565
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt085002
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0339727
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0132
IRS990ScheduleD/EquipmentGrp/DepreciationAmt074689
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt074821
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06647
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06647
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0132
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0285000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Stephanie Madsen
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Dir.
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0285000
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2This amended return is being filed due to bookkeeping corrections. The resulting changes are as follows:.Line 5: Salaries: Corrected to $791,047.Line 7: Other Expenses: Corrected to $308,720.Line 8: Total Expenses: Corrected to $1,099,767Line 9: Revenue: Corrected to $254,565.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Amended Explanation
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0104224
IRS990/TotalAssetsEOYAmt0339727
IRS990/TotalAssetsGrp/BOYAmt0104224
IRS990/TotalAssetsGrp/EOYAmt0339727
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt01338657
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0252260
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0561300
IRS990/TotalFunctionalExpensesGrp/TotalAmt01099767
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt019222
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt019222

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.14$0.01$0.13$2.19$2.12$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.07$0.01$0.07$1.43$1.71$0.28
2022Detailed filing. Detailed filing data is available for this year.$0.36$0.01$0.35$1.47$1.41$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$1.16$1.21$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$1.35$1.10$0.25
2019Detailed filing. Detailed filing data is available for this year.$0.10$0.02$0.09$1.50$1.48$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.10$0.03$0.07$1.46$1.42$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.13$0.11$0.02$1.47$1.46$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.10$0.09$0.01$1.50$1.62$0.11
2015Detailed filing. Detailed filing data is available for this year.$0.20$0.08$0.12$1.47$1.50$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.22$0.07$0.15$1.70$1.72$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.22$0.05$0.17$1.42$1.73$0.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.05$0.48$1.69
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.03$0.48$1.52
2010Summary only. Only limited summary data is available for this year.$0.38$0.05$0.33$1.73$1.72$0.01