Civic Intelligence

Killingly Business Association Inc

990EZ • Fiscal year 2021 • EIN 06-1303304

Jul 01, 2021 to Dec 31, 2021 • Filed on Oct 05, 2022

Organization ProfileKILLINGLYBA.ORG
172 Main StreetKillingly, CT 06239

(860) 753-4502

Siviq Scores

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

Liabilities / Assets

44th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

44th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Net Margin

77th percentile

27%

Higher net margin than 77% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Asset Growth

65th percentile

17%

Faster asset growth than 65% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

72nd percentile

29%

Faster revenue growth than 72% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets44th percentile

Assets

Up

$16,798

Up $6,505 (+63%) from 2021

Net Assets

Up

$16,798

Up $6,505 (+63%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue44th percentileNet Margin77th percentile

Revenue

Up

$24,424

Up $9,814 (+67%) from 2021

Expenses

Down

$17,919

Down $785 (-4.2%) from 2021

Net Income

Up

$6,505

Up $10,599 (+259%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth65th percentile

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

$30K$20K$10K$0Assets 2012: $260Liabilities 2012: $02012Assets 2013: $3,074Liabilities 2013: $02013Assets 2014: $1,551Liabilities 2014: $02014Assets 2015: $2,048Liabilities 2015: $1,8002015Assets 2016: $9,030Liabilities 2016: $1,0002016Assets 2017: $14,787Liabilities 2017: $1,0002017Assets 2018: $17,889Liabilities 2018: $02018Assets 2019: $21,521Liabilities 2019: $602019Assets 2020: $14,387Liabilities 2020: $02020Assets 2021: $10,293Liabilities 2021: $0Net Assets 2021: $10,2932021Assets 2021: $16,798Liabilities 2021: $0Net Assets 2021: $16,7982021Assets 2022: $25,316Liabilities 2022: $0Net Assets 2022: $25,3162022

Highlighted filing

2021

Assets$16,798
Liabilities$0
Net Assets$16,798
Open 2021 Filing

Operations Trend

Revenue Growth72nd percentile

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

$40K$30K$20K$10K$0-$10KRevenue 2012: $23,474Expenses 2012: $24,942Net Income 2012: -$1,4682012Revenue 2013: $32,032Expenses 2013: $29,218Net Income 2013: $2,8142013Revenue 2014: $25,082Expenses 2014: $26,605Net Income 2014: -$1,5232014Revenue 2015: $25,021Expenses 2015: $26,324Net Income 2015: -$1,3032015Revenue 2016: $25,875Expenses 2016: $18,093Net Income 2016: $7,7822016Revenue 2017: $17,808Expenses 2017: $12,051Net Income 2017: $5,7572017Revenue 2018: $18,124Expenses 2018: $14,022Net Income 2018: $4,1022018Revenue 2019: $17,641Expenses 2019: $14,069Net Income 2019: $3,5722019Revenue 2020: $18,932Expenses 2020: $26,006Net Income 2020: -$7,0742020Revenue 2021: $14,610Expenses 2021: $18,704Net Income 2021: -$4,0942021Revenue 2021: $24,424Expenses 2021: $17,919Net Income 2021: $6,5052021Revenue 2022: $28,618Expenses 2022: $20,100Net Income 2022: $8,5182022

Highlighted filing

2021

Revenue$24,424
Expenses$17,919
Net Income$6,505
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Dec 31, 2021
Signed
Oct 5, 2022
Return Version
2021v4.2
Gross Receipts
$28,344
Mission and Program Overview

Mission

Killingly business association, inc. Is organized to promote development of the killingly, ct main street area and vicinity through advertising, activities and events.

Program Services

DescriptionGrantsExpenses
RETAIL ADVERTISING TO SUPPORT AREA MERCHANTS.$0$0
VARIOUS EVENTS SITUATED ALONG MAIN STREET AND VICINITY TO PROMOTE DOWNTOWN AND SURROUNDING TOWN.$0$0
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SHANE YOUNGPresident-$0--
JASON VERRANEAULTVice President-$0--
KIMBERLY SWEETTreasurer-$0--
JUDY LAROCHESecretary-$0--
Filing and Contact Details

Filer

Filer Name
Killingly Business Association Inc
EIN
06-1303304
Phone
8607534502
Address
172 MAIN STREET, KILLINGLY, CT 06239

Signing Officer

Name
Kimberly Sweet
Title
Treasurer
Phone
8607534502
Signed
2022-10-05
Discuss with paid preparer
Yes

Preparer

Firm
Peloquin and Company LLC
Address
PO BOX 296, DANIELSON, CT 06239-0296
Preparer
Jeffrey G Peloquin
Phone
8607744009
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: interest income. Amount: 2.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: website. Amount: 3,677. Description: advertising. Amount: 3,280. Description: main street events. Amount: 4,314. Description: insurance. Amount: 832. Description: computers & accessories. Amount: 1,190. Description: annual report. Amount: 50. Total to form 990-ez, line 16: 13,343.”

Raw XML Appendix122 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0PELOQUIN & COMPANY LLC
IRS990EZ/BooksInCareOfDetail/PhoneNum08607744009
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt090 WESTCOTT ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0DANIELSON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0062390296
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt010293
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt016798
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt010000
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt06505
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0450
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt010293
IRS990EZ/Form990TotalAssetsGrp/EOYAmt016798
IRS990EZ/FundraisingGrossIncomeAmt012432
IRS990EZ/GrossReceiptsAmt028344
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InvestmentIncomeAmt02
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt05910
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt010293
IRS990EZ/NetAssetsOrFundBalancesEOYAmt016798
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt010293
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt016798
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SHANE YOUNG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JASON VERRANEAULT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KIMBERLY SWEET
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JUDY LAROCHE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt013343
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0KILLINGLY BUSINESS ASSOCIATION, INC. IS ORGANIZED TO PROMOTE DEVELOPMENT OF THE KILLINGLY, CT MAIN STREET AREA AND VICINITY THROUGH ADVERTISING, ACTIVITIES AND EVENTS.
IRS990EZ/PrintingPublicationsPostageAmt04126
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0RETAIL ADVERTISING TO SUPPORT AREA MERCHANTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1VARIOUS EVENTS SITUATED ALONG MAIN STREET AND VICINITY TO PROMOTE DOWNTOWN AND SURROUNDING TOWN.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt03920
IRS990EZ/SpecialEventsNetIncomeLossAmt08512
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt017919
IRS990EZ/TotalRevenueAmt024424
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0KILLINGLYBA.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 2.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: WEBSITE. AMOUNT: 3,677. DESCRIPTION: ADVERTISING. AMOUNT: 3,280. DESCRIPTION: MAIN STREET EVENTS. AMOUNT: 4,314. DESCRIPTION: INSURANCE. AMOUNT: 832. DESCRIPTION: COMPUTERS & ACCESSORIES. AMOUNT: 1,190. DESCRIPTION: ANNUAL REPORT. AMOUNT: 50. TOTAL TO FORM 990-EZ, LINE 16: 13,343.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KIMBERLY SWEET
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08607534502
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KILLINGLY BUSINESS ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0KILL
ReturnHeader/Filer/EIN0061303304
ReturnHeader/Filer/PhoneNum08607534502
ReturnHeader/Filer/USAddress/AddressLine1Txt0172 MAIN STREET
ReturnHeader/Filer/USAddress/CityNm0KILLINGLY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006239
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0205102955
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PELOQUIN AND COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 296
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DANIELSON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0062390296
ReturnHeader/PreparerPersonGrp/PhoneNum08607744009
ReturnHeader/PreparerPersonGrp/PreparationDt02022-10-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY G PELOQUIN
ReturnHeader/ReturnTs02022-10-13T07:22:34-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KIMBERLY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SWEET
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,798
Liabilities
$0
Net assets
$16,798
Revenue
$24,424
Expenses
$17,919
Net income
$6,505
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$25.3$0.00$25.3$28.6$20.1$8.52
2021Detailed filing. Detailed filing data is available for this year.$16.8$0.00$16.8$24.4$17.9$6.51
2021Detailed filing. Detailed filing data is available for this year.$10.3$0.00$10.3$14.6$18.7$4.09
2020Summary only. Only limited summary data is available for this year.$14.4$0.00$18.9$26.0$7.07
2019Summary only. Only limited summary data is available for this year.$21.5$0.06$17.6$14.1$3.57
2018Summary only. Only limited summary data is available for this year.$17.9$0.00$18.1$14.0$4.10
2017Summary only. Only limited summary data is available for this year.$14.8$1.00$17.8$12.1$5.76
2016Summary only. Only limited summary data is available for this year.$9.03$1.00$25.9$18.1$7.78
2015Summary only. Only limited summary data is available for this year.$2.05$1.80$25.0$26.3$1.30
2014Summary only. Only limited summary data is available for this year.$1.55$0.00$25.1$26.6$1.52
2013Summary only. Only limited summary data is available for this year.$3.07$0.00$32.0$29.2$2.81
2012Summary only. Only limited summary data is available for this year.$0.26$0.00$23.5$24.9$1.47