Form 990 for tax year 2022

Filed by POWERED FOODS.

Totals

Total revenue: $51,650
Total expenses: $65,255
Contributions and grants received: $0
Grants paid: $59,613
Program service revenue: $0
Investment income: $0
Other revenue: $51,650
Total assets, end of year: $0
Total liabilities, end of year: $0
Net assets or fund balances, end of year: $0
Program services expenses (Part IX): $65,255
Management and general expenses: $0
Fundraising expenses: $0
Program service expenses (Part III): $65,255

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

3 · Investment income

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
4 · Income from investment of tax-exempt bond proceeds

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
5 · Royalties

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
6a · Gross rents

real property $0 · personal property $0
6b · Less rental expenses

real property $0 · personal property $0
6c · Rental income or loss

real property $0 · personal property $0
6d · Net rental income or loss

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
7a · Gross sales of assets other than inventory

securities $0 · other assets $0
7b · Less cost or other basis and sales expenses

securities $0 · other assets $0
7c · Gain or loss

securities $0 · other assets $0
7d · Net gain or loss

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
8a · Fundraising events: gross income

$0
8a · Fundraising events: contributions included on line 1c

$0
8b · Fundraising events: direct expenses

$0
8c · Net income from fundraising events

total $0 · unrelated business $0 · excluded $0
9a · Gaming: gross income

$0
9b · Gaming: direct expenses

$0
9c · Net income from gaming

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
10a · Gross sales of inventory

$0
10b · Cost of goods sold

$0
10c · Net income from sales of inventory

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
11a · Other revenue: Refund of Title Insurance No Longer Required

total $50,000 · related or exempt $50,000 · unrelated business $0 · excluded $0
11b · Other revenue: Heritage Custom Farms: Payment for Land Use

total $1,650 · related or exempt $1,650 · unrelated business $0 · excluded $0
11d · All other revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
11e · Other revenue, total

$51,650

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $59,613 · program services $59,613
2 · Grants to domestic individuals

total $0 · program services $0
3 · Grants to foreign organizations and individuals

total $0 · program services $0
4 · Benefits paid to or for members

total $0 · program services $0
5 · Compensation of officers, directors and key employees

total $0 · program services $0 · management and general $0 · fundraising $0
6 · Compensation of disqualified persons

total $0 · program services $0 · management and general $0 · fundraising $0
7 · Other salaries and wages

total $0 · program services $0 · management and general $0 · fundraising $0
8 · Pension plan contributions

total $0 · program services $0 · management and general $0 · fundraising $0
9 · Other employee benefits

total $0 · program services $0 · management and general $0 · fundraising $0
10 · Payroll taxes

total $0 · program services $0 · management and general $0 · fundraising $0
11a · Fees: management

total $0 · program services $0 · management and general $0 · fundraising $0
11b · Fees: legal

total $3,680 · program services $3,680 · management and general $0 · fundraising $0
11c · Fees: accounting

total $0 · program services $0 · management and general $0 · fundraising $0
11d · Fees: lobbying

total $0 · program services $0 · management and general $0 · fundraising $0
11e · Fees: professional fundraising services

total $0 · fundraising $0
11f · Fees: investment management

total $0 · program services $0 · management and general $0 · fundraising $0
11g · Fees: other

total $0 · program services $0 · management and general $0 · fundraising $0
12 · Advertising and promotion

total $0 · program services $0 · management and general $0 · fundraising $0
13 · Office expenses

total $1,962 · program services $1,962 · management and general $0 · fundraising $0
14 · Information technology

total $0 · program services $0 · management and general $0 · fundraising $0
15 · Royalties

total $0 · program services $0 · management and general $0 · fundraising $0
16 · Occupancy

total $0 · program services $0 · management and general $0 · fundraising $0
17 · Travel

total $0 · program services $0 · management and general $0 · fundraising $0
18 · Travel or entertainment for public officials

total $0 · program services $0 · management and general $0 · fundraising $0
19 · Conferences, conventions and meetings

total $0 · program services $0 · management and general $0 · fundraising $0
20 · Interest

total $0 · program services $0 · management and general $0 · fundraising $0
21 · Payments to affiliates

total $0 · program services $0 · management and general $0 · fundraising $0
22 · Depreciation, depletion and amortization

total $0 · program services $0 · management and general $0 · fundraising $0
23 · Insurance

total $0 · program services $0 · management and general $0 · fundraising $0
24e · All other expenses

total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $13,605 · end of year $0
2 · Savings and temporary cash investments

beginning of year $0 · end of year $0
3 · Pledges and grants receivable

beginning of year $0 · end of year $0
4 · Accounts receivable

beginning of year $0 · end of year $0
5 · Loans and receivables from officers and key people

beginning of year $0 · end of year $0
6 · Loans and receivables from disqualified persons

beginning of year $0 · end of year $0
7 · Other notes and loans receivable

beginning of year $0 · end of year $0
8 · Inventories for sale or use

beginning of year $0 · end of year $0
9 · Prepaid expenses and deferred charges

beginning of year $0 · end of year $0
10a · Land, buildings and equipment: cost or other basis

$0
10b · Land, buildings and equipment: accumulated depreciation

$0
10c · Land, buildings and equipment, net

beginning of year $0 · end of year $0
11 · Investments: publicly traded securities

beginning of year $0 · end of year $0
12 · Investments: other securities

beginning of year $0 · end of year $0
13 · Investments: program-related

beginning of year $0 · end of year $0
14 · Intangible assets

beginning of year $0 · end of year $0
15 · Other assets

beginning of year $0 · end of year $0
17 · Accounts payable and accrued expenses

beginning of year $0 · end of year $0
18 · Grants payable

beginning of year $0 · end of year $0
19 · Deferred revenue

beginning of year $0 · end of year $0
20 · Tax-exempt bond liabilities

beginning of year $0 · end of year $0
21 · Escrow or custodial account liability

beginning of year $0 · end of year $0
22 · Loans and payables to officers and key people

beginning of year $0 · end of year $0
23 · Secured mortgages and notes payable

beginning of year $0 · end of year $0
24 · Unsecured notes and loans payable

beginning of year $0 · end of year $0
25 · Other liabilities

beginning of year $0 · end of year $0
29 · Capital stock, trust principal or current funds

beginning of year -$44,718 · end of year $0
30 · Paid-in or capital surplus, or land, building or equipment fund

beginning of year $0 · end of year $0
31 · Retained earnings, endowment or other funds

beginning of year $58,323 · end of year $0

Mission and programs · 2022

Mission

The amended mission of the corporation from 2018 through 2020 was to "develop cutting-edge, nutrient-dense, pesticide-free, pure food, in state-of-the-art vertically enclosed greenhouse environments. The goal was to improve health, particularly with nutritional benefits for cancer, cardio, auto-immune, and Alzheimer's patients." This was the vision and mission of Howard F. Wilkins II who served as the chief executive officer from 2019 to his passing on Feb. 19, 2021. The remaining members of the Board of Trustees, having discussed the loss of Howard F. Wilkins II, and his vision, saw no viable path forward for the organization. Due to the pandemic of 2020, and Howard's illness and passing in Feb. of 2021, there was no development on the properties purchased in the latter part of 2019 and no advancement of the Powered Foods' mission. Thus, the Board of Trustees, by unanimous written Consent dated Aug. 9, 2021, agreed to dispose of assets to pay debts and dissolve the corporation.

Activities or mission (Part I)

The amended purpose of the corporation from 2018 through 2020 was "to develop technical solutions in food production, optimize nutrition and energy in food for increased health, and educate the public about these developments and solutions." This was the vision of Howard F. Wilkins II who served as the chief executive officer from 2019 to his passing on Feb. 19, 2021. The remaining members of the Board of Trustees, having discussed the loss of Howard F. Wilkins II, and his vision, discerned there was no viable path forward for the organization. Due to the pandemic of 2020, and Howard's illness and passing in Feb. of 2021, there was no development on the properties purchased in the latter part of 2019 and no advancement of the Powered Foods' mission. Thus, the Board of Trustees, by unanimous written Consent dated Aug. 9, 2021, agreed it is in the best interest of the organization to dispose of its assets, pay its debts, and dissolve the Ohio 501(c)(3) nonprofit corporation.

Develop technical solutions in food production science, to optimize nutrition and energy in food for increased health. Began developing this line of activity in 2018. Please see Schedule O for details. *** The corporation ceased all program services and activities in 2021 and formally dissolved with the approval of the Ohio Secretary of State on July 27, 2022. Howard F. Wilkins II served as the chief executive officer from 2019 to his passing on Feb. 19, 2021. The remaining members of the Board of Trustees, having discussed the loss of Howard F. Wilkins II, and his vision, discerned that there was no viable path forward for the organization. Due to the pandemic of 2020, and Howard's illness and passing in Feb. of 2021, there was no development on the properties purchased in the latter part of 2019 and no advancement of the Powered Foods' mission. Thus, the Board of Trustees, by unanimous written Consent dated Aug. 9, 2021, agreed it is in the best interest of the organization to cease its activities, dispose of its assets to pay its debts, and dissolve the Ohio 501(c)(3) nonprofit corporation. A Certificate of Dissolution for Powered Foods, charter number 3964499, was filed with the Ohio Secretary of State on July 27, 2022, and approved by the Ohio Secretary of State on July 28, 2022.

Expenses $65,255
Educate the public about these developments and solutions: this is a future activity. *** The corporation ceased all program services and activities in 2021 and formally dissolved with the approval of the Ohio Secretary of State on July 27, 2022. Howard F. Wilkins II served as the chief executive officer from 2019 to his passing on Feb. 19, 2021. The remaining members of the Board of Trustees, having discussed the loss of Howard F. Wilkins II, and his vision, discerned that there was no viable path forward for the organization. Due to the pandemic of 2020, and Howard's illness and passing in Feb. of 2021, there was no development on the properties purchased in the latter part of 2019 and no advancement of the Powered Foods' mission. Thus, the Board of Trustees, by unanimous written Consent dated Aug. 9, 2021, agreed it is in the best interest of the organization to cease its activities, dispose of its assets to pay its debts, and dissolve the Ohio 501(c)(3) nonprofit corporation. A Certificate of Dissolution for Powered Foods, charter number 3964499, was filed with the Ohio Secretary of State on July 27, 2022, and approved by the Ohio Secretary of State on July 28, 2022.
Youth Bee Works activities: no activities in 2020 or 2021. *** The corporation ceased all program services and activities in 2021 and formally dissolved with the approval of the Ohio Secretary of State on July 27, 2022 . Howard F. Wilkins II served as the chief executive officer from 2019 to his passing on Feb. 19, 2021. The remaining members of the Board of Trustees, having discussed the loss of Howard F. Wilkins II, and his vision, discerned there was no viable path forward for the organization. Due to the pandemic of 2020, and Howard's illness and passing in Feb. of 2021, there was no development on the properties purchased in the latter part of 2019 and no advancement of the Powered Foods' mission. Thus, the Board of Trustees, by unanimous written Consent dated Aug. 9, 2021, agreed it is in the best interest of the organization to cease its activities, dispose of its assets to pay its debts, and dissolve the Ohio 501(c)(3) nonprofit corporation. A Certificate of Dissolution for Powered Foods, charter number 3964499, was filed with the Ohio Secretary of State on July 27, 2022, and approved by the Ohio Secretary of State on July 28, 2022.

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

David Wilkins

Trustee and President

Total calculated

$0

Hours/week

0.5
Craig Wilkins

Trustee

Total calculated

$0

Hours/week

0
Paul Trudeau

Trustee

Total calculated

$0

Hours/week

0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Flathead Food Bank

$59,613

The first cash donation was by check dated Jan. 9, 2022, in the amount of $1650. The dollar figure of this donation relates to $1650 paid to Powered Foods by Heritage Custom Farming in early 2022. The second was $57,963 by check dated Nov. 7, 2022. This was Powered Foods remaining funds and its last asset to be disposed. This check was payable to Ogle, Worm, and Travis, PLLP/Trust, with the stipulation that any remaining funds in the trust go to the Flathead Food Bank as beneficiary. After all remaining expenses are final and paid, the remainder will go to the beneficiary, Flathead Food Bank. These donations are in keeping with the dissolution paragraph in Powered Foods Articles of Incorporation requiring that any remaining funds, after payment of all debts, be transferred to another 501(c)(3) organization for their use.

Assets distributed on this return

Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.

Flathead Food Bank

$1,650

Liquidation · Powered Foods donated $1650 to the Flathead Foods Bank on Jan. 9, 2022. This was done in anticipation of a $1650 deposit from Heritage Custom Farming for farming on land owned by Powered Foods at the time in prior years. The Heritage Custom Farming payment was deposited Feb. 7, 2022. · Jan 9, 2022 · 501(c)(3)
Flathead Food Bank

$57,963

Liquidation · A final charitable donation in the amount of $57,962.86 was transferred to a trust account with Olge, Worm, and Travis, PLLP/TRUST, on Nov.7, 2022. This is the last asset to be disposed of by Powered Foods. The beneficiary of the trust account is the Flathead Food Bank, 1203 Highway 2 West, Suite 2, Kalispell, MT 59901. After the deduction of any remaining expenses for dissolution and winding up of affairs, the remaining amount will be transferred by the trust to the beneficiary, Flathead Food Bank. There are remaining expenses for (1) the preparation and filing of the 2022 IRS Form 990, (2) the Final Annual Report and Asset Disposition to the Ohio Attorney General Charitable Law Section, (3) any additional information required by these or other governmental authorities, and (4) any other final expenses incurred due to dissolution and winding up the affairs of the corporation. · Nov 7, 2022 · 501(c)(3)

Provenance

Return type: form_990
Tax year: 2022
Filed: 23 June 2023
IRS schema version: 2022v5.0
Source object: 202311779349300711

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.