Snac International

Not tax-deductible

Arlington, VA501(c)(6)EIN 34-0421555

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To create resources which fuel and reinforce value for Snac International members by offering services and relationship building forums for members in support of industry growth.

Run by 25 volunteers and 9 employees.
Mission: Form 990 Part I, line 1 · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $447K a year · 11% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.1M
to officers and key staff · 22% of spending
Worth a look: pay to officers and key staff is 22% of spending; over 20%.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.6 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$2.0M
30% of total assets
Looks good: liabilities are 30% of assets; 50% or less.
Pt X · Ln 26
Independent board members
27
of 28 voting members
Looks good: 27 of 28 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.0M
-6% vs prior year
Spent
$5.0M
To programs
0%
Net assets
$4.6M
By yearFY2020–FY2024
Revenue
$4.0M
FY2024▼ -6%
Revenue by fiscal year
FY2020$3.9M
FY2021$4.0M
FY2022$3.2M
FY2023$4.3M
FY2024$4.0M
Expenses
$5.0M
FY2024▲ +5%
Expenses by fiscal year
FY2020$4.0M
FY2021$3.7M
FY2022$4.4M
FY2023$4.7M
FY2024$5.0M
Net assets
$4.6M
FY2024▼ -11%
Net assets by fiscal year
FY2020$6.5M
FY2021$7.1M
FY2022$5.1M
FY2023$5.2M
FY2024$4.6M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1979.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

32 people listed on the 990; $1.1M paid to officers and key staff.

Part VII, Section A · reportable compensation
President & CEO
$532,801Pt VII · Sec A
VP Membership & Communications
$162,641Pt VII · Sec A
$150,529Pt VII · Sec A
Director Industry Affairs
$124,091Pt VII · Sec A
Engagement & Strategy
$124,091Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Christine Cochran$532,801$527,063———
Elizabeth Avery——$170,017$510,165$432,726
Christine Cochran——$427,120——
David Walsh$162,641$151,164———
Elizabeth Wells————$162,585
Colleen Farley$150,529————
David Walsh——$135,012$128,275$117,418
Abby Valentino$124,091$118,542———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides resources and forums to support industry growth and member value.

Provided by the organization

This section is blank until Snac International claims this page.

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3 program services account for $3.4M of program spending, described in the organization's own filed words · FY2024.
01

Biennial Snx Convention

SNX is SNAC Internationals education and collaboration forum. Held biennially, it hosts manufacturers and suppliers to the snack food industry and provides opportunities for one-on-one meetings and education.

$1.5Mprogram expense
02

Seminars and Meetings

SNAC International sponsors and participates in various seminars and meetings for the purpose of driving the professional development of rising industry leaders and the dissemination of information regarding snack industry regulatory requirements and best practices.

$1.1Mprogram expense
03

Government Relations

SNAC International monitors regulatory and legislative issues affecting the snack food industry, develops strategies to advance regulations and policies and provides a link between the snack food industry and regulatory/legislative decision makers, such as The Food & Drug Administration and The U.S.D.A.

$781Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 3 grants · $31K · 2021–2022
Potatoes USAFY2022$15,000
Grain Foods FoundationDC · FY2022$6,000
Common ThreadsTX · FY2021$10,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$4.0M
Ln 12
Fees for servicesLn 2g$3.8M
Investment incomeLn 3$180K
Other incomeLn 4–11$13K
Money outPt IX
$5.0M
Ln 25
Owns and owesPt X
$4.6M
net assets · Ln 32
Cash and savingsLn 1–2$263K
Total assetsLn 16$6.5M
LiabilitiesLn 26$2.0M
PeoplePt VI, VII
32
listed · VII A
PaidVII A5
Voting boardVI 1a28
IndependentVI 1b27
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$3.8M
Investment incomeLn 3$180K
Other incomeLn 4–11$13K
Total revenueLn 12$4.0M
Assets in detailPt X, end of year
CashLn 1$263K
Cash and savings togetherLn 1–2$263K
InvestmentsLn 11–13$5.0M
Land, buildings, equipmentLn 10c$176K
Other assetsLn 15$800K
Total assetsLn 16$6.5M
LiabilitiesLn 26$2.0M
Net assetsLn 32$4.6M
OperationsPt I, VI
EmployeesI 59
VolunteersI 625
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$394K$263K
InvestmentsLn 11–13$5.7M$5.0M
Land, buildings, equipmentLn 10c$212K$176K
Total assetsLn 16$7.4M$6.5M
LiabilitiesLn 26$2.3M$2.0M
Net assetsLn 32$5.2M$4.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$533K
Other salaries and wagesLn 7$654K
Pension plan contributionsLn 8$54K
Other employee benefitsLn 9$41K
Payroll taxesLn 10$69K
Legal feesLn 11b$91K
Accounting feesLn 11c$68K
Investment management feesLn 11f$32K
Other fees for servicesLn 11g$1.2M
Office expensesLn 13$157K
OccupancyLn 16$242K
Conferences, conventions and meetingsLn 19$1.8M
Total functional expensesLn 25$5.0M$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $4.0M$5.0M−$933K$4.6M 990 PDF
FY2023 $4.3M$4.7M−$416K$5.2M 990 PDF
FY2022 $3.2M$4.4M−$1.1M$5.1M 990 PDF
FY2021 $4.0M$3.7M$319K$7.1M 990 PDF
FY2020 $3.9M$4.0M−$86K$6.5M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $4,030,310 across 5 lines filed
Lines not itemized here account for $7,106 of total revenue; see the IRS return.
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,836,551$3,836,551
VIII-3 Investment incomeExcluded from tax $180,452$180,452
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $6,201$6,201
VIII-12 Total revenueRelated to mission $3,849,858 · Unrelated business $0 · Excluded from tax $180,452$4,030,310
Part IX · Statement of functional expenses $4,962,939 across 12 lines filed
IX-5 Pay of current officers, directors and key staff$532,801
IX-7 Other salaries and wages$654,135
IX-8 Pension plan contributions$54,434
IX-9 Other employee benefits$41,117
IX-10 Payroll taxes$68,783
IX-11b Legal fees$90,724
IX-11c Accounting fees$67,862
IX-11f Investment management fees$32,460
IX-11g Other fees for services$1,227,582
IX-13 Office expenses$157,338
IX-16 Occupancy$242,365
IX-19 Conferences, conventions and meetings$1,793,338
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$4,962,939
Part X · Balance sheet $6,544,305 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $394,169$263,459
X-4 Accounts receivableStart of year $6,000$38,428
X-9 Prepaid expenses and deferred chargesStart of year $217,828$261,682
X-10c Land, buildings and equipment, netStart of year $212,476$175,712
X-11 Publicly traded securitiesStart of year $5,657,360$5,005,489
X-15 Other assetsStart of year $938,503$799,535
X-16 Total assetsStart of year $7,426,336$6,544,305
X-17 Accounts payable and accrued expensesStart of year $599,998$214,573
X-19 Deferred revenueStart of year $554,914$781,518
X-25 Other liabilitiesStart of year $1,100,007$959,291
X-26 Total liabilitiesStart of year $2,254,919$1,955,382
X-27 Net assets without donor restrictionsStart of year $5,171,417$4,588,923
X-32 Total net assets or fund balancesStart of year $5,171,417$4,588,923
X-33 Total liabilities and net assetsStart of year $7,426,336$6,544,305
Part XI · Reconciliation of net assets $4,588,923 net assets at year end
XI-1 Total revenue$4,030,310
XI-2 Total expenses$4,962,939
XI-3 Revenue less expenses−$932,629
XI-4 Net assets at start of year$5,171,417
XI-5 Net unrealized gains (losses) on investments$350,135
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,588,923

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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