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Nonprofiteer
← BAKERY EQUIPMENT ASSESSMENT GROUP INC

Form 990 for tax year 2023

Filed by BAKERY EQUIPMENT ASSESSMENT GROUP INC.

Totals

Total revenue
$79,123
Total expenses
$267,275
Contributions and grants received
$9,426
Grants paid
$0
Program service revenue
$21,797
Investment income
$47,900
Other revenue
$0
Total assets, end of year
$471,395
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$471,395
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
$245,444

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.

  • 1d · Related organizations

    $9,426

  • 2a · Program service revenue: AUTHORIZATIONS

    total $14,972 · related or exempt $14,972

  • 2b · Program service revenue: MEMBERSHIP DUES

    total $6,825 · related or exempt $6,825

  • 3 · Investment income

    total $11,666 · excluded $11,666

  • 7a · Gross sales of assets other than inventory

    securities $36,234

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $36,234

  • 7d · Net gain or loss

    total $36,234 · excluded $36,234

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $37,500

  • 11b · Fees: legal

    total $3,356

  • 11c · Fees: accounting

    total $13,095

  • 11f · Fees: investment management

    total $21,831

  • 11g · Fees: other

    total $92,258

  • 12 · Advertising and promotion

    total $72,117

  • 13 · Office expenses

    total $3,871

  • 14 · Information technology

    total $9,895

  • 17 · Travel

    total $2,797

  • 19 · Conferences, conventions and meetings

    total $2,885

  • 23 · Insurance

    total $6,102

  • 24e · All other expenses

    total $1,568

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $9,422 · end of year $19,354

  • 15 · Other assets

    beginning of year $0 · end of year $452,041

  • 27 · Net assets without donor restrictions

    beginning of year $9,422 · end of year $471,395

Mission and programs · 2023

Mission

TO IMPROVE BAKING SANITATION THROUGH STANDARDS FOR DESIGN AND CONSTRUCTION OF BAKING EQUIPMENT.

  • BAKERY EQUIPMENT ASSESSMENT GROUP, FORMERLY KNOWN AS BAKING INDUSTRY SANITATION STANDARDS COMMITTEE WAS FORMED IN 1949 TO DEVELOP AND PUBLISH VOLUNTARY STANDARDS FOR THE DESIGN AND CONSTRUCTION OF BAKERY EQUIPMENT WHICH TODAY ARE RECOGNIZED AS THE DEFINITIVE SANITATION STANDARDS FOR EQUIPMENT USED IN THE BAKING INDUSTRY. IN 2023, THERE WERE 20 AUTHORIZED MANUFACTURERS WHO QUALIFIED FOR CERTIFICATION. IN ADDITION, THE BEAG OFFICE OF CERTIFICATION WAS ESTABLISHED IN 1966 TO PROMOTE GREATER RECOGNITION AND USE OF EQUIPMENT CONFORMING TO THE CRITERIA OF BEAG STANDARDS. THE OFFICE OF CERTIFICATION OFFERS TWO EQUIPMENT CERTIFICATION PROGRAMS TO MANUFACTURERS WITH EQUIPMENT BUILT TO ANSI/ASB/Z50.2-2013 SANITATION STANDARD FOR THE DESIGN OF BAKERY EQUIPMENT CRITERIA:CERTIFICATION - MANUFACTURERS WHO CAN WARRANT THAT EQUIPMENT CONFORMS TO THE CRITERIA OF THE ANSI/ASB/Z50.2-2013 SANITATION STANDARD FOR THE DESIGN OF BAKERY EQUIPMENT CAN DISPLAY THE BEAG CERTIFIED SYMBOL ON THE EQUIPMENT.THIRD-PARTY VERIFICATION - MANUFACTURERS ALREADY REGISTERED AND CERTIFIED WITH BEAG WHO SUCCESSFULLY PASS A THIRD-PARTY INSPECTION BY A BEAG-APPOINTED INDEPENDENT TESTING AGENCY CAN DISPLAY THE BEAG VERIFIED SYMBOL.

    Expenses $245,444 · Revenue $21,797

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Kent Van Amburg

    SECRETARY/TREASURER

    Total calculated
    $295,844
    From this org
    $0
    From related orgs
    $281,756
    Other
    $14,088
    Hours/week
    2 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $281,756 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $14,088 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $295,844 related
  • Jeremiah Tilghman

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.5 + 1 related
  • Monica Kline

    ASB 2ND VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.25 + 1 related
  • Paul Rainey

    DIRECTOR-AT-LARGE

    Total calculated
    $0
    Hours/week
    0.25 + 0.5 related
  • Peter Rasmussen

    DIRECTOR-AT-LARGE

    Total calculated
    $0
    Hours/week
    0.25 + 0.5 related
  • Ramon Rivera

    DIRECTOR-AT-LARGE

    Total calculated
    $0
    Hours/week
    0.25

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
31 October 2024
IRS schema version
2023v5.1
Source object
202413069349301231

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