Dairy Lab Services Inc
- Assets
- $10.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hull, IA
- Founding
- 12/1999
- Data as of
- 06/2022
- EIN
- 42-0686881
Organization Overview
Dairy Lab Services Inc is located in Hull, IA. The organization was established in 1999. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Dairy Lab Services Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2022, Dairy Lab Services Inc generated $54.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $57.3k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
MILK SAMPLES WERE COLLECTED FROM DAIRY FARMS AND SENT TO A LABORATORY FOR ANALYSIS. RESULTS ARE SENT BACK TO FARMERS TO EVALUATE DAIRY PRODUCTION AND MAKE BUSINESS DECISIONS. 14 FARMS ARE INVOLVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eleanor Graves Supervisor | 20 | $21,265 | |
Nicole Techen Assistant | 4 | $1,994 | |
Emily Fedders Assistant | 3 | $1,186 | |
Larry Dykstra Assistant And Secretary | 2.25 | $993 | |
Helen Larson Assistant | 2.75 | $993 | |
Alicia Buse Assistant | 2.5 | $743 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $54,273 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $54,273 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $77 |
| Salaries, other compensation, and employee benefits | $31,972 |
| Professional fees and other payments to independent contractors | $20,826 |
| Occupancy, rent, utilities, and maintenance | $2,141 |
| Printing, publications, postage, and shipping | $2,333 |
| Other expenses | $0 |
| Total expenses | $57,349 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,175 |
| Other assets | $0 |
| Total assets | $10,175 |
| Total liabilities | $0 |
| Net assets or fund balances | $10,175 |
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