GRASSFED EXCHANGE: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
GRASSFED EXCHANGE (EIN 46-2528131)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-06-22
IRS object ID
202041749349301304
Schema version
2019v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2020-06-22T15:03:18-05:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN470766889PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SCHULZ & ASSOCIATES PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1106 EASTSIDE BLVDAddressLine1Txt
CityBEATRICECityNm
State AbbreviationNEStateAbbreviationCd
ZIP68310ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN462528131EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE GRASSFED EXCHANGEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGRASBusinessNameControlTxt
Phone8708973167PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1103 PINE CREST RDAddressLine1Txt
CityMONTICELLOCityNm
State AbbreviationARStateAbbreviationCd
ZIP71655ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCLAY NASHPersonNm
Person TitleTREASURERPersonTitleTxt
Phone8708973167PhoneNum
Signature2020-06-22SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKERBY CUNNINGHAM CPAPreparerPersonNm
PTINP00465368PTIN
Phone4022233598PhoneNum
Preparation2020-06-22PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address71.8.228.222IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-06-22IPDt
IP Tm15:03:18IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id802C6B22558A14082B5E0C30410B42D084BD02CDAtSubmissionCreationDeviceId
At Submission Filing Device Id802C6B22558A14082B5E0C30410B42D084BD02CDAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerCLAY NASHPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1103 PINE CREST RDAddressLine1Txt
CityMONTICELLOCityNm
State AbbreviationARStateAbbreviationCd
ZIP71655ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$247,231GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTPS://GRASSFEDEXCHANGE.COMWebsiteAddressTxt
Type Of Organization OtherYes (X)TypeOfOrganizationOtherInd
Formation2009FormationYr
Legal Domicile StateNELegalDomicileStateCd
Activity Or MissionEDUCATE AND PROMOTE THE BENEFITS OF GRASS FED CATTLEActivityOrMissionDesc
Voting Members Governing Body13VotingMembersGoverningBodyCnt
Voting Members Independent0VotingMembersIndependentCnt
Total Employee1TotalEmployeeCnt
Total Volunteers1TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$147,733PYContributionsGrantsAmt
CY Contributions Grants$108,730CYContributionsGrantsAmt
PY Program Service Revenue$149,528PYProgramServiceRevenueAmt
CY Program Service Revenue$138,501CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$297,261PYTotalRevenueAmt
CY Total Revenue$247,231CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$15,821PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$12,645CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$275,526PYOtherExpensesAmt
CY Other Expenses$264,149CYOtherExpensesAmt
PY Total Expenses$291,347PYTotalExpensesAmt
CY Total Expenses$276,794CYTotalExpensesAmt
PY Revenues Less Expenses$5,914PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$29,563CYRevenuesLessExpensesAmt
Total Assets BOY$45,082TotalAssetsBOYAmt
Total Assets EOY$15,519TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$45,082NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$15,519NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionEDUCATE AND PROMOTE THE BENEFITS OF GRASS FED CATTLEMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$192,687ExpenseAmt
Revenue$138,501RevenueAmt
DescTO PROMOTE BENEFITS OF GRASS FED CATTLEDesc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$56,704ExpenseAmt
DescTO PROMOTE BENEFITS OF GRASS FED CATTLEDesc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$56,704TotalOtherProgSrvcExpenseAmt
Total Program Service Expenses$249,391TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredfalseScheduleORequiredInd
IRP Document17IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee1EmployeeCnt
Employment Tax Returns FiledfalseEmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members13GoverningBodyVotingMembersCnt
Independent Voting Member0IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyfalseMinutesOfGoverningBodyInd
Minutes Of CommitteesfalseMinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
OtherYes (X)OtherInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonCLAY NASHPersonNm
Phone8708973167PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1103 PINE CREST RDAddressLine1Txt
CityMONTICELLOCityNm
State AbbreviationARStateAbbreviationCd
ZIP71655ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
KATHY RICHBURG
EXECUTIVE SE40.00Yes (X)Yes (X)$12,645$0$0
PETE BAUMAN
DIRECTOR0.50Yes (X)$0$0$0
TODD CHURCHILL
VICE PRESIDE0.50Yes (X)Yes (X)$0$0$0
JONATHAN COBB
DIRECTOR0.50Yes (X)$0$0$0
RUSS CONSER
PRESIDENT0.50Yes (X)Yes (X)$0$0$0
MAGGIE GENTERT
DIRECTOR0.50Yes (X)$0$0$0
LESLIE MOORE
DIRECTOR0.50Yes (X)$0$0$0
CLAY NASH
TREASURER2.50Yes (X)Yes (X)$0$0$0
WAYNE RASMUSSEN
CHAIRMAN0.50Yes (X)Yes (X)$0$0$0
JASON ROWNTREE
PAST PRESIDE0.50Yes (X)$0$0$0
BEN SIMMONS
DIRECTOR0.50Yes (X)$0$0$0
CHRISTINE SU
DIRECTOR0.50Yes (X)$0$0$0
ALLEN WILLIAMS
EXECUTIVE CO0.50Yes (X)Yes (X)$0$0$0
JOHNNY WOOD
DIRECTOR0.50Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$12,645TotalReportableCompFromOrgAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$108,730AllOtherContributionsAmt
Total Contributions$108,730TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescSEMINAR FEES/SALESDesc
Business110000BusinessCd
Total Revenue Column$138,501TotalRevenueColumnAmt
Related Or Exempt Func Income$138,501RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$138,501TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$247,231TotalRevenueColumnAmt
Related Or Exempt Func Income$138,501RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$12,645TotalAmt
Management And General$12,645ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$590TotalAmt
Management And General$590ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$53,525TotalAmt
Program Services$53,525ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$5,125TotalAmt
Program Services$5,125ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$11,301TotalAmt
Program Services$8,274ProgramServicesAmt
Management And General$3,027ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,590TotalAmt
Program Services$3,590ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$127,278TotalAmt
Program Services$127,278ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,454TotalAmt
Management And General$2,454ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
AUDIO VISUAL RENTAL$25,481$25,481
VIDEO$9,073$9,073
BUS RENTAL$5,784$5,784
WEBSITE$5,636$5,636

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$14,312TotalAmt
Program Services$11,261ProgramServicesAmt
Management And General$3,051ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$276,794TotalAmt
Program Services$249,391ProgramServicesAmt
Management And General$27,403ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$45,082BOYAmt
EOY$15,519EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$45,082BOYAmt
EOY$15,519EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$45,082BOYAmt
EOY$15,519EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$45,082BOYAmt
EOY$15,519EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$45,082BOYAmt
EOY$15,519EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$29,563ReconcilationRevenueExpnssAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$29,500CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$47,120CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$70,505CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$147,733CurrentTaxYearMinus1YearAmt
Current Tax Year$108,730CurrentTaxYearAmt
Total$403,588TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$29,500CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$47,120CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$70,505CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$147,733CurrentTaxYearMinus1YearAmt
Current Tax Year$108,730CurrentTaxYearAmt
Total$403,588TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$403,588PublicSupportTotal170Amt
Total Support$403,588TotalSupportAmt
Gross Receipts Rltd Activities$138,501GrossReceiptsRltdActivitiesAmt
Public Support CY1701.00000PublicSupportCY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 2, PART III, LINE 4DTO PROMOTE BENEFITS OF GRASS FED CATTLE
FORM 990, PART VINO DOCUMENTS AVAILABLE TO PUBLIC
FORM 990, PAGE 6, PART VI, LINE 8ANA
FORM 990, PAGE 6, PART VI, LINE 8BNA
FORM 990, PAGE 6, PART VI, LINE 11BNO REVIEW WAS OR WILL BE CONDUCTED.
FORM 990, PAGE 6, PART VI, LINE 18SEE SCHEDULE O
FORM 990, PAGE 6, PART VI, LINE 19NO DOCUMENTS AVAILABLE TO THE PUBLIC
FORM 990, PART IX, LINE 11GSPEAKER 49,525 0 0 TOUR 4,000 0 0 TOTAL 53,525 0 0

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