Civic Intelligence

Kendall County Economic Development Corporation

EIN 04-3837476 • 501(c)6 • Boerne, TX

Profile

Promote economic development in Kendall County, Texas.

Refreshing map…

1221 S MainBoerne, TX 78006

www.bkcedc.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

36th percentile

0.01x

Higher debt load relative to assets than 36% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

38th percentile

0.01x

Higher debt load relative to revenue than 38% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Net Margin

54th percentile

4.8%

Higher net margin than 54% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

85th percentile

$142,560

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 36.9% of source-year revenue.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Asset Growth

46th percentile

2.4%

Faster asset growth than 46% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

43rd percentile

2.2%

Faster revenue growth than 43% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$479,707

Up $11,417 (+2.4%) from 2023

Liabilities

Down

$3,924

Down $5,019 (-56%) from 2023

Net Assets

Up

$475,783

Up $16,436 (+3.6%) from 2023

Revenue

Up

$385,842

Up $8,475 (+2.2%) from 2023

Expenses

Up

$367,129

Up $23,847 (+6.9%) from 2023

Net Income

Down

$18,713

Down $15,372 (-45%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2011: $212,472Liabilities 2011: $2,004Net Assets 2011: $210,4682011Assets 2012: $156,081Liabilities 2012: $2,295Net Assets 2012: $153,7862012Assets 2013: $137,302Liabilities 2013: $2,519Net Assets 2013: $134,7832013Assets 2014: $145,428Liabilities 2014: $2,474Net Assets 2014: $142,9542014Assets 2015: $144,408Liabilities 2015: $4,275Net Assets 2015: $140,1332015Assets 2016: $236,215Liabilities 2016: $7,531Net Assets 2016: $228,6842016Assets 2017: $317,230Liabilities 2017: $20,646Net Assets 2017: $296,5842017Assets 2018: $313,689Liabilities 2018: $15,515Net Assets 2018: $298,1742018Assets 2019: $340,435Liabilities 2019: $4,851Net Assets 2019: $335,5842019Assets 2020: $390,508Liabilities 2020: $4,283Net Assets 2020: $386,2252020Assets 2021: $451,615Liabilities 2021: $735Net Assets 2021: $450,8802021Assets 2022: $422,191Liabilities 2022: $8,715Net Assets 2022: $413,4762022Assets 2023: $468,290Liabilities 2023: $8,943Net Assets 2023: $459,3472023Assets 2024: $479,707Liabilities 2024: $3,924Net Assets 2024: $475,7832024

Highlighted filing

2024

Assets$479,707
Liabilities$3,924
Net Assets$475,783

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KExpenses 2011: $233,1122011Revenue 2012: $180,503Expenses 2012: $237,185Net Income 2012: -$56,6822012Revenue 2013: $203,411Expenses 2013: $222,414Net Income 2013: -$19,0032013Revenue 2014: $230,645Expenses 2014: $222,474Net Income 2014: $8,1712014Revenue 2015: $268,483Expenses 2015: $271,304Net Income 2015: -$2,8212015Revenue 2016: $346,845Expenses 2016: $258,294Net Income 2016: $88,5512016Revenue 2017: $404,697Expenses 2017: $336,797Net Income 2017: $67,9002017Revenue 2018: $391,720Expenses 2018: $390,130Net Income 2018: $1,5902018Revenue 2019: $378,483Expenses 2019: $341,072Net Income 2019: $37,4112019Revenue 2020: $313,466Expenses 2020: $269,130Net Income 2020: $44,3362020Revenue 2021: $385,544Expenses 2021: $315,060Net Income 2021: $70,4842021Revenue 2022: $377,688Expenses 2022: $399,932Net Income 2022: -$22,2442022Revenue 2023: $377,367Expenses 2023: $343,282Net Income 2023: $34,0852023Revenue 2024: $385,842Expenses 2024: $367,129Net Income 2024: $18,7132024

Highlighted filing

2024

Revenue$385,842
Expenses$367,129
Net Income$18,713

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.80$0.04$4.76$3.86$3.67$0.19
2023Detailed filing. Detailed filing data is available for this year.$4.68$0.09$4.59$3.77$3.43$0.34
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.22$0.09$4.13$3.78$4.00$0.22
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.52$0.01$4.51$3.86$3.15$0.70
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.91$0.04$3.86$3.13$2.69$0.44
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.40$0.05$3.36$3.78$3.41$0.37
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.14$0.16$2.98$3.92$3.90$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.17$0.21$2.97$4.05$3.37$0.68
2016Detailed filing. Detailed filing data is available for this year.$2.36$0.08$2.29$3.47$2.58$0.89
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.44$0.04$1.40$2.68$2.71$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.45$0.02$1.43$2.31$2.22$0.08
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.37$0.03$1.35$2.03$2.22$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.56$0.02$1.54$1.81$2.37$0.57
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.12$0.02$2.10$2.33
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 9, 2025
Return Version
2024v5.0
Gross Receipts
$527,570
Mission and Program Overview

Mission

Promote economic development in Kendall County, Texas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$459,347$475,783▲ $16,436
Investments Other Securities$110,530$390,654▲ $280,124
Cash and Non-Interest-Bearing Accounts$28,661$59,925▲ $31,264
Savings and Temporary Cash Investments$329,099$29,128▼ $299,971
Total Assets$468,290$479,707▲ $11,417
Liabilities
Other Liabilities$8,943$3,924▼ $5,019
Total Liabilities$8,943$3,924▼ $5,019
Net Assets / Fund Balance
Total Net Assets Fund Balance$459,347$475,783▲ $16,436
Total Liabilities and Net Assets / Fund Balance$468,290$479,707▲ $11,417

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$1,290--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Amy StoryPresident/CEOFT$141,060$1,500$142,560

Board Members and Trustees

NameTitle
Phil HunkeChairman
Bill HetheringtonPast Chair
Dakota DurdenVice Chairman
Ben ThatcherBoard Member
Brooks PowellBoard Member
Carlin FriarBoard Member
Chad CarpenterBoard Member
Charlie HillBoard Member
Chris HavensBoard Member
Christine BlainBoard Member
Chuck GregoryBoard Member
David SpencerBoard Member
James MartinBoard Member
James SchuepbachBoard Member
Jason KirkpatrickBoard Member
Joseph MacalusoBoard Member
Keith BradyBoard Member
Laura HaningBoard Member
Matt MattinglyBoard Member
Phillip QuintanillaBoard Member
R Craig CookBoard Member
Richard ChapmanBoard Member
Scott CrabtreeBoard Member
Steve MackBoard Member
Tommy MathewsBoard Member
Tony TrevinoBoard Member
Caleb ClarkSecretary
Toni Anne DashiellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$360,531
Investment Income
$24,231
Other Revenue
$1,080
Change in Net Assets
$18,713
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$244,298
Other Expenses$115,331
Grants and Similar Amounts Paid$7,500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$141,060$0$0$141,060
Other Salaries and Wages$81,335$0$0$81,335
Advertising$35,857$0$0$35,857
Payroll Taxes$17,081$0$0$17,081
All Other Expenses$12,480$0$0$12,480
Office Expenses$10,772$0$0$10,772
Fees for Services Other$8,000$0$0$8,000
Grants to Domestic Orgs$7,500--$7,500
Travel$6,258$0$0$6,258
Other Employee Benefits$3,153$0$0$3,153
Fees for Services Accounting$2,949$0$0$2,949
Insurance$2,411$0$0$2,411
Fees for Service Investment Mgmnt Fees$1,767$0$0$1,767
Pension Plan Contributions$1,669$0$0$1,669
Other Expenses$1,526$0$0$1,526
Information Technology$1,195$0$0$1,195
Total Functional Expenses$367,129$0$0$367,129
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
UT AustinAustin, TX501(c)(3)Scholarship$7,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Payable$3,318
Retirement Plan Liabilities$480
Payroll Liabilities$126
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Kendall County Economic Development Corporation
EIN
04-3837476
Phone
8303319070
Address
1221 S Main, Boerne, TX 78006
Doing Business As
Boerne Kendall County Economic Development Corporation

Signing Officer

Name
Amy Story
Title
President/CEO
Phone
8303319070
Signed
2025-03-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amy Story
Formed
2006
Legal Domicile
TX
Voting Board Members
28
Independent Board Members
28
Employees
3
Volunteers
0

Preparer

Firm
T David Phillip CPA PC
Address
409 E San Antonio Avenue, Boerne, TX 78006
Preparer
T David Phillip
Phone
8302481075
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

A PDF copy of the return is emailed to all officers for review. Any questions from the officers are forwarded to the President/CEO who then forwards to the Organizations outside CPA for clarification and resolutions.

Pt VI, Line 15A

The President/CEOs compensation is determined by the officers of the organization. Annually, the President/CEOs performance is evaluated by the officers and her compensation is compared to other professionals in the economic development industry with similiar years of professional experience. These factors are used to set her compensation for the year.

Pt VI, Line 19

The Organizations governing documents, conflict of interest policy and financial statements are made available to the public by calling the Organizations office and requesting such documents. They are then provided to the requestor in a timely manner.

Pt VI, Line 6

The organization has six classes of members: Bronze, Silver, Gold, Platinum, Chairmans and Government & Chamber. The following is the required annual membership fee for each class of member: Bronze: $1,500, Silver: $5,000, Gold: $10,000, Platinum: $25,000, Chairmans: $50,000, Government: City of Boerne & Kendall County: determined on annual basis pursuant to contractual agreement, Chamber: Greater Boerne Chamber of Commerce: $1,500, Comfort Chamber of Commerce: $1,500.

Pt VI, Line 7A

The Silver, Gold, Platinum and Chairman members are members of the Board of Directors as well as 2 bronze members that are elected by the membership. In addition, The City of Boerne and Kendall County may each appoint 2 members to the Board of Directors. The Board of Directors elects the Executive Board which consist of The Chair, Vice Chair, Secretary, Treasurer, Immediate Past Chair, 2 at large members elected by the Board of Directors, City Manager of City of Boerne, and a GVTC executive.

Raw XML AppendixShowing 400 of 614 raw XML fields

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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IRS990/Form990PartVIISectionAGrp/PersonNm2Caleb Clark
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IRS990/Form990PartVIISectionAGrp/PersonNm5Carlin Friar
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IRS990/Form990PartVIISectionAGrp/PersonNm10Richard Chapman
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IRS990/Form990PartVIISectionAGrp/PersonNm13Chad Carpenter
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IRS990/Form990PartVIISectionAGrp/PersonNm22Tommy Mathews
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