Ag Processing Inc Welfare Benefits Funds
EIN: 363981457 · Omaha, NE
| Metric | Value |
|---|---|
| Total Revenue | $15.1M |
| Total Expenses | $7.8M |
| Net Assets | $230K |
Is Ag Processing Inc Welfare Benefits Funds Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ag Processing Inc Welfare Benefits Funds
Ag Processing Inc Welfare Benefits Funds (EIN: 363981457) is a nonprofit organization based in Omaha, NE. The organization reported total revenue of $15.1M and total assets of $235K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ag Processing Inc Welfare Benefits Funds's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ag Processing Inc Welfare Benefits Funds is a large nonprofit that has been operating for 32 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.7M |
| Total Expenses | $7.8M |
| Surplus / Deficit | $-118,552 |
| Total Assets | $230K |
| Net Assets | $230K |
| Operating Margin | -1.5% |
| Months of Reserves | 0.4 months |
Financial Health Grade: C
In 2023, Ag Processing Inc Welfare Benefits Funds reported a deficit of $119K with expenses exceeding revenue, holds 0.4 months of operating reserves (limited).
Financial Trends
Over 14 years of filings (2010–2023), Ag Processing Inc Welfare Benefits Funds's revenue has grown at a compound annual growth rate (CAGR) of 0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.1% | -0.9% | -34.0% |
| 2022 | -7.8% | -6.5% | -34.6% |
| 2021 | -19.8% | -19.2% | -13.3% |
| 2020 | +33.9% | +41.1% | -4.9% |
| 2019 | +3.6% | -3.4% | +140.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ag Processing Inc Welfare Benefits Funds has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ag Processing Inc Welfare Benefits Funds with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $119K, with expenses exceeding revenue.
Frequently Asked Questions about Ag Processing Inc Welfare Benefits Funds
Is Ag Processing Inc Welfare Benefits Funds a legitimate charity?
Based on AI analysis of IRS 990 filings, Ag Processing Inc Welfare Benefits Funds (EIN: 363981457) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ag Processing Inc Welfare Benefits Funds spend its money?
Detailed spending breakdown data is not yet available for Ag Processing Inc Welfare Benefits Funds. Check back for updated IRS 990 analysis.
Are donations to Ag Processing Inc Welfare Benefits Funds tax-deductible?
Ag Processing Inc Welfare Benefits Funds is registered as a tax-exempt nonprofit (EIN: 363981457). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ag Processing Inc Welfare Benefits Funds located?
Ag Processing Inc Welfare Benefits Funds is headquartered in Omaha, Nebraska and files with the IRS under EIN 363981457.
How many years of IRS 990 filings does Ag Processing Inc Welfare Benefits Funds have?
Ag Processing Inc Welfare Benefits Funds has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $15.1M in total revenue.
Filing History
IRS 990 filing history for Ag Processing Inc Welfare Benefits Funds showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Ag Processing Inc Welfare Benefits Funds's revenue has grown by 3.4%, moving from $7.5M to $7.7M. Total assets decreased by 45.1% over the same period, from $419K to $230K. Total functional expenses rose by 8.7%, from $7.2M to $7.8M. In its most recent filing year (2023), Ag Processing Inc Welfare Benefits Funds reported a deficit of $119K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.7M | $7.8M | $230K | $0 | — | — |
| 2022 | $7.7M | $7.9M | $348K | $0 | — | — |
| 2021 | $8.4M | $8.5M | $532K | $0 | — | View 990 |
| 2020 | $10.5M | $10.5M | $614K | $0 | — | View 990 |
| 2019 | $7.8M | $7.4M | $646K | $0 | — | View 990 |
| 2018 | $7.5M | $7.7M | $268K | $0 | — | View 990 |
| 2017 | $7.1M | $7.0M | $427K | $0 | — | View 990 |
| 2016 | $7.0M | $7.0M | $327K | $0 | — | View 990 |
| 2015 | $6.8M | $6.9M | $333K | $0 | — | View 990 |
| 2014 | $6.4M | $6.3M | $418K | $0 | — | View 990 |
| 2013 | $7.2M | $7.3M | $276K | $0 | — | View 990 |
| 2012 | $7.1M | $7.0M | $346K | $0 | — | View 990 |
| 2011 | $6.7M | $6.8M | $244K | $0 | — | View 990 |
| 2010 | $7.5M | $7.2M | $419K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.7M, expenses of $7.8M, and assets of $230K (revenue -0.1% year-over-year).
- 2022: Revenue of $7.7M, expenses of $7.9M, and assets of $348K (revenue -7.8% year-over-year).
- 2021: Revenue of $8.4M, expenses of $8.5M, and assets of $532K (revenue -19.8% year-over-year).
- 2020: Revenue of $10.5M, expenses of $10.5M, and assets of $614K (revenue +33.9% year-over-year).
- 2019: Revenue of $7.8M, expenses of $7.4M, and assets of $646K (revenue +3.6% year-over-year).
- 2018: Revenue of $7.5M, expenses of $7.7M, and assets of $268K (revenue +5.6% year-over-year).
- 2017: Revenue of $7.1M, expenses of $7.0M, and assets of $427K (revenue +1.4% year-over-year).
- 2016: Revenue of $7.0M, expenses of $7.0M, and assets of $327K (revenue +3.9% year-over-year).
- 2015: Revenue of $6.8M, expenses of $6.9M, and assets of $333K (revenue +5.4% year-over-year).
- 2014: Revenue of $6.4M, expenses of $6.3M, and assets of $418K (revenue -10.8% year-over-year).
- 2013: Revenue of $7.2M, expenses of $7.3M, and assets of $276K (revenue +0.7% year-over-year).
- 2012: Revenue of $7.1M, expenses of $7.0M, and assets of $346K (revenue +7.4% year-over-year).
- 2011: Revenue of $6.7M, expenses of $6.8M, and assets of $244K (revenue -10.9% year-over-year).
- 2010: Revenue of $7.5M, expenses of $7.2M, and assets of $419K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ag Processing Inc Welfare Benefits Funds:
Data Sources and Methodology
This transparency report for Ag Processing Inc Welfare Benefits Funds is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.