Gelatin Manufacturers Institute of America Inc

Nonprofit profile at a glance

EIN
833934074
IRS 990-EZ coverage
2021–2023
Forms available
Form 990-EZ 2023
Location
Sioux City, IA, USA
Rating
37
Verdict
REVIEW
Rating confidence
Moderate
Sector
Business and Industry

Official website

Reported finances

Revenue
$49,990
Expenses
$71,982
Assets
$73,226

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • William Griebel (President and Director)
  • ERIC THIFFAULT (Vice President and Director)

People named in this filing

  • Rob Mayberry (Secretary and Treasurer)
  • Thiago Antunes (Director)
  • William Griebel (President and Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The taxpayer is organized to carry on research in the manufacture and usage of gelatin to carry on promotional work in the uses of gelatin and all things related to such activities.

What it reported doing in 2023

The activities of the taxpayer include monitoring of regulatory actions NAFTA Import and Export totals of gelatin affecting the industry creating monograms for products as excipients with the US Pharmacopia consistency of testing within member companies documenting the available raw materials for production assessing customer interest in gelatine evaluating safety performance when compared to similar industries and advising member companies of new food safety regulations change.

Operating model

Revenue model
Membership-supported. 100% of the money available for current operations came from membership dues.
Distribution model
Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.

The verdict

REVIEW - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 22
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0.4%; rating input score 0
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -44%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 1.02; rating input score 46; 46th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 10.1%; rating input score 10; 10th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 20.5% per year; rating input score 100; 89th percentile among comparable filings
  • Asset growth: 9.5% per year; rating input score 100; 70th percentile among comparable filings

Details

  • Where the money goes: 0.4% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 3 filing years from 2021 to 2023
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Sustainability: Operating margin scored 15/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
  • High — Sustainability: Officer compensation ratio scored 10/100.