Civic Intelligence

Franklin County Regional Chamber of Commerce Inc

990EZ • Fiscal year 2015 • EIN 03-0154700

Jan 01, 2015 to Dec 31, 2015 • Filed on Oct 28, 2016

2 North Main StreetSaint Albans, VT 05478

(802) 524-2444

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

87th percentile

0.36x

Higher debt load relative to assets than 87% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

82nd percentile

0.15x

Higher debt load relative to revenue than 82% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Net Margin

14th percentile

-17%

Higher net margin than 14% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Top Officer Pay

85th percentile

$47,231

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 43.5% of source-year revenue.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Asset Growth

29th percentile

-7.4%

Faster asset growth than 29% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

69th percentile

11%

Faster revenue growth than 69% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$45,131

Down $3,622 (-7.4%) from 2014

Net Assets

Down

$28,970

Down $18,497 (-39%) from 2014

Liabilities

Up

$16,161

Up $14,875 (+1157%) from 2014

Revenue

Up

$108,656

Up $10,415 (+11%) from 2014

Expenses

Up

$127,154

Up $6,205 (+5.1%) from 2014

Net Income

Up

-$18,498

Up $4,210 (+19%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0Assets 2010: $35,259Liabilities 2010: $8,961Net Assets 2010: $26,2982010Assets 2011: $63,610Liabilities 2011: $8,239Net Assets 2011: $55,3712011Assets 2012: $58,732Liabilities 2012: $8,440Net Assets 2012: $50,2922012Assets 2013: $81,947Liabilities 2013: $11,772Net Assets 2013: $70,1752013Assets 2014: $48,753Liabilities 2014: $1,286Net Assets 2014: $47,4672014Assets 2015: $45,131Liabilities 2015: $16,161Net Assets 2015: $28,9702015Assets 2016: $30,649Liabilities 2016: $26,185Net Assets 2016: $4,4642016Assets 2017: $37,449Liabilities 2017: $29,966Net Assets 2017: $7,4832017Assets 2023: $21,730Liabilities 2023: $1,2662023Assets 2024: $25,222Liabilities 2024: $788Net Assets 2024: $24,4342024

Highlighted filing

2015

Assets$45,131
Liabilities$16,161
Net Assets$28,970

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KExpenses 2010: $91,9392010Revenue 2011: $113,922Expenses 2011: $107,221Net Income 2011: $6,7012011Revenue 2012: $106,089Expenses 2012: $111,168Net Income 2012: -$5,0792012Revenue 2013: $146,020Expenses 2013: $126,139Net Income 2013: $19,8812013Revenue 2014: $98,241Expenses 2014: $120,949Net Income 2014: -$22,7082014Revenue 2015: $108,656Expenses 2015: $127,154Net Income 2015: -$18,4982015Revenue 2016: $102,664Expenses 2016: $127,169Net Income 2016: -$24,5052016Revenue 2017: $95,630Expenses 2017: $92,617Net Income 2017: $3,0132017Revenue 2023: $58,731Expenses 2023: $62,408Net Income 2023: -$3,6772023Revenue 2024: $58,816Expenses 2024: $54,846Net Income 2024: $3,9702024

Highlighted filing

2015

Revenue$108,656
Expenses$127,154
Net Income-$18,498
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Oct 28, 2016
Return Version
2015v2.1
Gross Receipts
$133,334
Mission and Program Overview

Mission

To advance the general welfare and prosperity of businesses located in the franklin county, vermont region so that citizens and members may prosper.

Program Services

DescriptionGrantsExpenses
TO ADVANCE THE GENERAL WELFARE AND PROSPERITY OF BUSINESSES LOCATED IN THE FRANKLIN COUNTY, VERMONT REGION SO THAT CITIZENS AND MEMBERS MAY PROSPER.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVE SOUTHWICKExecutive DiFT$47,231-$47,231
NATE MUEHLPresident-$0--
JEREMY READVice Preside-$0--
AARON REYNOLDSTreasurer-$0--
JESSE BUGBEEBoard Member-$0--
KATHY LAVOIEBoard Member-$0--
CANDACE LEWISBoard Member-$0--
SANDY LOVELETTEBoard Member-$0--
LURA JACQUESBoard Member-$0--
JACK PAIGEBoard Member-$0--
NATE YANDOWBoard Member-$0--
JAY CUMMINGSBoard Member-$0--
ELIZABETH MALONEBoard Member-$0--
TAMMY RYEABoard Member-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Great Race$23,150$23,150$6,697$16,453
St Albans Raid$15,720$15,720$6,341$9,379
Total Events$51,528$51,528$24,678$26,850
Filing and Contact Details

Filer

Filer Name
Franklin County Regional Chamber of
EIN
03-0154700
Address
2 NORTH MAIN STREET, SAINT ALBANS, VT 05478

Signing Officer

Name
Aaron Reynolds
Title
Treasurer
Signed
2016-10-28
Discuss with paid preparer
Yes

Preparer

Firm
KITTELL BRANAGAN & SARGENT CPA'S
Address
154 N MAIN ST, ST ALBANS, VT 05478
Preparer
Christopher Branagan CPA
Phone
8025249531
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

MISC 18,577 TOTAL 18,577

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 1,085 office 11,097 contracted services 2,793 contributions 3,170 dues and subscriptions 1,109 insurance 1,596 member benefits 3,641 miscellaneous 8,736 telephone 2,187 non-investment depreciation 513 total 35,927

Form 990-ez, Part II, Line 24

Accounts receivable 962 1,911 equipment and furniture 12,184 12,184 less accumulated depreciation 12,184 12,184 total 962 1,911

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 111 0 deferred revenue 1,174 16,161

Form 990-ez, Part III

To advance the general welfare and prosperity of businesses located in the franklin county, vermont region so that citizens and members may prosper.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISC 18,577 TOTAL 18,577
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING AND PROMOTION 1,085 OFFICE 11,097 CONTRACTED SERVICES 2,793 CONTRIBUTIONS 3,170 DUES AND SUBSCRIPTIONS 1,109 INSURANCE 1,596 MEMBER BENEFITS 3,641 MISCELLANEOUS 8,736 TELEPHONE 2,187 NON-INVESTMENT DEPRECIATION 513 TOTAL 35,927
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 962 1,911 EQUIPMENT AND FURNITURE 12,184 12,184 LESS ACCUMULATED DEPRECIATION 12,184 12,184 TOTAL 962 1,911
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 111 0 DEFERRED REVENUE 1,174 16,161
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO ADVANCE THE GENERAL WELFARE AND PROSPERITY OF BUSINESSES LOCATED IN THE FRANKLIN COUNTY, VERMONT REGION SO THAT CITIZENS AND MEMBERS MAY PROSPER.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRANKLIN COUNTY REGIONAL CHAMBER OF
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ReturnHeader/ReturnTs02016-11-07T08:14:08-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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Filings