K-Mar 105 Association
- Assets
- $630.8k
- Revenue
- $375.7k
- Investments
- $0.0
- Employees
- 2
- Location
- Manhattan, KS
- Founding
- 05/1972
- Data as of
- 12/2021
- EIN
- 48-0768699
Organization Overview
K-Mar 105 Association is located in Manhattan, KS. The organization was established in 1972. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, K-Mar 105 Association employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. K-Mar 105 Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, K-Mar 105 Association generated $375.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $431.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATIONAL PROGRAM FOR 2000 AGRICULTURAL PRODUCERS INCLUDING THE CREATION OF A DATA BANK FOR RESEARCH AND EXTENSION PROGRAMS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING A COMPUTERIZED EDUCATIONAL PROGRAM FOR 2,000 AGRICULTURAL PRODUCERS, INCLUDING THE CREATION OF A DATA BANK FOR UNIVERSITY RESEARCH AND EDUCATIONAL PROGRAMS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phil Ballou Vice President | OfficerTrustee | 0.5 | $0 |
Jim Michael President | OfficerTrustee | 1 | $0 |
Clay Simons Secretary | Officer | 0.5 | $0 |
Kevin Herbel Executive Director | Officer | 5 | $0 |
Lindsey Snider Treasurer | Officer | 0.5 | $0 |
John Griffith Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $371,644 |
| Investment income | $4,052 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $375,696 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $85,540 |
| Pension plan accruals and contributions | $2,519 |
| Other employee benefits | $708 |
| Payroll taxes | $6,544 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,424 |
| Office expenses | $8,168 |
| Information technology | $24,778 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $13,799 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,286 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,010 |
| All other expenses | $6,463 |
| Total functional expenses | $430,993 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,843 |
| Savings and temporary cash investments | $625,967 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $630,810 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $630,810 |
| Total liabilities and net assets/fund balances | $630,810 |
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