American Wagyu Association is located in Post Falls, ID. The organization was established in 1996. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2024, American Wagyu Association employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Wagyu 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 06/2024, American Wagyu Association generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $2.4m during the year ending 06/2024. While expenses have increased by 15.1% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
GUARDING THE PURITY OF A SPECIFIC BREED OF LIVESTOCK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION INCLUDES 1,522 FARMERS/RANCHERS THROUGOUT THE U.S., AUSTRALIA, MEXICO AND CANADA. THE MEMBERS BENEFIT BY INTERACTION AND SHARING OF VITAL INFORMATION FOR THE IMPROVEMENT OF THE WAGYU BREED OF CATTLE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert Williams Executive Director | Officer | 40 | $138,000 |
Kyle Jurney Member At Large | Trustee | 3 | $0 |
Al Nessinger Director | Trustee | 3 | $0 |
Pete Eshelman Director | Trustee | 3 | $0 |
Arlie Reeves Director | Trustee | 3 | $0 |
Jenny Tweedy Director | Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $312,407 |
Fundraising events | $9,113 |
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 | $321,520 |
Total Program Service Revenue | $1,566,620 |
Investment income | $34,452 |
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 | $2,284,449 |
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. | $150,865 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $389,118 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $65,040 |
Payroll taxes | $42,072 |
Fees for services: Management | $0 |
Fees for services: Legal | $140,768 |
Fees for services: Accounting | $18,381 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $12,003 |
Advertising and promotion | $55,582 |
Office expenses | $65,795 |
Information technology | $142,749 |
Royalties | $0 |
Occupancy | $28,395 |
Travel | $70,795 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $368,995 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,700 |
Insurance | $4,164 |
All other expenses | $28,437 |
Total functional expenses | $2,418,086 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $262,590 |
Savings and temporary cash investments | $862,660 |
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 | $38,743 |
Net Land, buildings, and equipment | $9,446 |
Investments—publicly traded securities | $101,278 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,274,717 |
Accounts payable and accrued expenses | $196,026 |
Grants payable | $0 |
Deferred revenue | $183,255 |
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 | $379,281 |
Net assets without donor restrictions | $845,919 |
Net assets with donor restrictions | $49,517 |
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 | $0 |
Total liabilities and net assets/fund balances | $1,274,717 |