Civic Intelligence

Flowood Best

990 • Fiscal year 2020 • EIN 20-1863857

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 15, 2021

Organization ProfileWWW.FLOWOODCHAMBER.COM
PO Box 320927Flowood, MS 39232

(601) 260-7612

Siviq Scores

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

Liabilities / Assets

58th percentile

0.02x

Higher debt load relative to assets than 58% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

53rd percentile

0.01x

Higher debt load relative to revenue than 53% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Net Margin

90th percentile

39%

Higher net margin than 90% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

91st percentile

$75,865

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 27.1% of source-year revenue.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

98th percentile

372%

Faster asset growth than 98% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

41st percentile

-27%

Faster revenue growth than 41% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$141,599

Up $111,578 (+372%) from 2019

Net Assets

Up

$138,952

Up $127,009 (+1063%) from 2019

Liabilities

Down

$2,647

Down $15,431 (-85%) from 2019

Revenue And Expenses
Liabilities / Revenue53rd percentileNet Margin90th percentile

Revenue

Down

$280,330

Down $104,845 (-27%) from 2019

Expenses

Down

$170,410

Down $149,675 (-47%) from 2019

Net Income

Up

$109,920

Up $44,830 (+69%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$200K$100K$0-$100KAssets 2011: $39,190Liabilities 2011: $2,711Net Assets 2011: $36,4792011Assets 2012: $16,184Liabilities 2012: $2,442Net Assets 2012: $13,7422012Assets 2013: $57,324Liabilities 2013: $2,654Net Assets 2013: $54,6702013Assets 2014: $26,401Liabilities 2014: $5,404Net Assets 2014: $20,9972014Assets 2015: $50,998Liabilities 2015: $19,706Net Assets 2015: $31,2922015Assets 2016: $10,883Liabilities 2016: $19,706Net Assets 2016: -$8,8232016Assets 2017: $2,718Liabilities 2017: $57,397Net Assets 2017: -$54,6792017Assets 2018: $4,250Liabilities 2018: $57,397Net Assets 2018: -$53,1472018Assets 2019: $30,021Liabilities 2019: $18,078Net Assets 2019: $11,9432019Assets 2020: $141,599Liabilities 2020: $2,647Net Assets 2020: $138,9522020Assets 2021: $173,356Liabilities 2021: $3,224Net Assets 2021: $170,1322021Assets 2022: $104,413Liabilities 2022: $3,515Net Assets 2022: $100,8982022Assets 2023: $152,741Liabilities 2023: $3,823Net Assets 2023: $148,9182023Assets 2024: $173,756Liabilities 2024: $2,869Net Assets 2024: $170,8872024

Highlighted filing

2020

Assets$141,599
Liabilities$2,647
Net Assets$138,952
Open 2020 Filing

Operations Trend

Revenue Growth41st percentile

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

$400K$200K$0-$200KRevenue 2011: $311,398Expenses 2011: $308,452Net Income 2011: $2,9462011Revenue 2012: $288,473Expenses 2012: $311,210Net Income 2012: -$22,7372012Revenue 2013: $375,778Expenses 2013: $334,850Net Income 2013: $40,9282013Revenue 2014: $329,216Expenses 2014: $362,889Net Income 2014: -$33,6732014Revenue 2015: $313,894Expenses 2015: $303,599Net Income 2015: $10,2952015Revenue 2016: $273,113Expenses 2016: $313,228Net Income 2016: -$40,1152016Revenue 2017: $344,619Expenses 2017: $368,617Net Income 2017: -$23,9982017Revenue 2018: $334,862Expenses 2018: $340,950Net Income 2018: -$6,0882018Revenue 2019: $385,175Expenses 2019: $320,085Net Income 2019: $65,0902019Revenue 2020: $280,330Expenses 2020: $170,410Net Income 2020: $109,9202020Revenue 2021: $208,293Expenses 2021: $177,113Net Income 2021: $31,1802021Revenue 2022: $182,928Expenses 2022: $252,162Net Income 2022: -$69,2342022Revenue 2023: $335,206Expenses 2023: $287,186Net Income 2023: $48,0202023Revenue 2024: $351,575Expenses 2024: $329,606Net Income 2024: $21,9692024

Highlighted filing

2020

Revenue$280,330
Expenses$170,410
Net Income$109,920
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 15, 2021
Return Version
2020v4.1
Gross Receipts
$280,330
Mission and Program Overview

Mission

The organization promotes economic development of all commercial enterprises in the city through improvement of business conditions, business standards, and better business methods.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$27,439$140,400▲ $112,961
Land, Buildings, and Equipment, Net$2,582$1,199▼ $1,383
Total Assets$30,021$141,599▲ $111,578
Liabilities
Accounts Payable and Accrued Expenses$18,078$2,647▼ $15,431
Total Liabilities$18,078$2,647▼ $15,431
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,943$138,952▲ $127,009
Total Net Assets Fund Balance$11,943$138,952▲ $127,009
Total Liabilities and Net Assets / Fund Balance$30,021$141,599▲ $111,578

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,199$14,174$15,373
Other Land Buildings$0$10,700$10,700
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Gregory WilcoxExecutive DirectorFT$75,865$75,865

Board Members and Trustees

NameTitle
Shane DuboisPresident
Amy WalkerVice President
Dwayne BlalockDirector
Jeff BedfordDirector
Jeffrey JohnsonDirector
John ChesneyDirector
Rusty FortenberrySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$207,998
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$72,332
Change in Net Assets
$109,920
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$94,245
Other Expenses$76,165
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$75,865
Advertising---$24,925
Insurance---$15,262
Fees for Services Accounting---$12,160
Other Salaries and Wages---$8,564
Payroll Taxes---$7,696
Office Expenses---$6,930
Occupancy---$4,055
Information Technology---$3,260
Pension Plan Contributions---$2,120
Depreciation Depletion---$1,098
Fees for Services Other---$600
Other Expenses---$530
All Other Expenses---$298
Conferences and Meetings---$57
Total Functional Expenses$0$0$0$170,410
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
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 5

“A mismanagement of funds was discovered in november of 2019 by then executive director. The president and vice president of flowood best took the matter to the city attroney at which time the issue was turned over to rankin county district attorney's office. They conducted a full audit and review from 2015 - 2019. During this process, the chamber took measures to have the books independently audited by windham & lacey accounting firm. They also signed an agreement with haddox reid eubank betts to provide monthly compilation reports for the chamber and prepare and file all chamber taxes. The previous excutive director was found guilty of one count of fraud and was made to repay $70,000 in resitution plus costs which has been paid in full.”

Form 990, Part VI, Section A, Line 6

“Membership organization with no stockholders. All are same class with equal rights.”

Form 990, Part VI, Section B, Line 11B

“The governing body may review the form 990 at a scheduled board meeting.”

Form 990, Part VI, Section B, Line 15

“Based on compensation of chambers in surrounding areas.”

Form 990, Part VI, Section C, Line 19

“Form 990 and other governing documents may be reviwed upon request at the office of the flowood chamber of commerce.”

Filing and Contact Details

Filer

Filer Name
Flowood Best
EIN
20-1863857
Phone
6012607612
Address
PO BOX 320927, FLOWOOD, MS 39232
Doing Business As
The Flowood Chamber of Commerce

Signing Officer

Name
Shane Dubois
Title
President
Phone
6012607612
Signed
2021-10-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shane Dubois
Formed
1991
Legal Domicile
Ms
Voting Board Members
7
Independent Board Members
7
Employees
4
Volunteers
0

Preparer

Firm
Haddox Reid Eubank Betts Pllc
Address
188 EAST CAPITOL STREET STE 500, JACKSON, MS 39201
Preparer
Michael H Gladney CPA
Phone
6019482924
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Prior year adjustment 17,089.”

Raw XML Appendix341 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
IRS990/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt018078
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02647
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE ORGANIZATION PROMOTES ECONOMIC DEVELOPMENT OF ALL COMMERCIAL ENTERPRISES IN THE CITY THROUGH IMPROVEMENT OF BUSINESS CONDITIONS, BUSINESS STANDARDS, AND BETTER BUSINESS METHODS.
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/TotalAmt024925
IRS990/AllOtherExpensesGrp/TotalAmt0298
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0SHANE DUBOIS
IRS990/BooksInCareOfDetail/PhoneNum06012607612
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 320927
IRS990/BooksInCareOfDetail/USAddress/CityNm0FLOWOOD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MS
IRS990/BooksInCareOfDetail/USAddress/ZIPCd039232
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt027439
IRS990/CashNonInterestBearingGrp/EOYAmt0140400
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt075865
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/TotalAmt057
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0207998
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt076165
IRS990/CYOtherRevenueAmt072332
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0109920
IRS990/CYSalariesCompEmpBnftPaidAmt094245
IRS990/CYTotalExpensesAmt0170410
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0280330
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt01098
IRS990/Desc0PROMOTION OF ECONOMIC DEVELOPMENT OF ALL COMMERCIAL ENTERPRISES IN THE CITY THROUGH GROUP ACTIVITIES FOR EDUCATION AND TRAINING.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0THE FLOWOOD CHAMBER OF COMMERCE
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt012160
IRS990/FeesForServicesOtherGrp/TotalAmt0600
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0SHANE DUBOIS
IRS990/Form990PartVIISectionAGrp/PersonNm1AMY WALKER
IRS990/Form990PartVIISectionAGrp/PersonNm2RUSTY FORTENBERRY
IRS990/Form990PartVIISectionAGrp/PersonNm3DWAYNE BLALOCK
IRS990/Form990PartVIISectionAGrp/PersonNm4JEFF BEDFORD
IRS990/Form990PartVIISectionAGrp/PersonNm5JOHN CHESNEY
IRS990/Form990PartVIISectionAGrp/PersonNm6JEFFREY JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm7GREGORY WILCOX
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt775865
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01991
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt015000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0280330
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt03260
IRS990/InsuranceGrp/TotalAmt015262
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt024874
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02582
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01199
IRS990/LandBldgEquipCostOrOtherBssAmt026073
IRS990/LegalDomicileStateCd0MS
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd01
IRS990/MembershipDuesAmt0192998
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ORGANIZATION PROMOTES ECONOMIC DEVELOPMENT OF ALL COMMERCIAL ENTERPRISES IN THE CITY THROUGH IMPROVEMENT OF BUSINESS CONDITIONS, BUSINESS STANDARDS, AND BETTER BUSINESS METHODS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt011943
IRS990/NetAssetsOrFundBalancesEOYAmt0138952
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt011943
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0138952
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt04055
IRS990/OfficeExpensesGrp/TotalAmt06930
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt017089
IRS990/OtherExpensesGrp/Desc0BANK & MERCHANT CHARGES
IRS990/OtherExpensesGrp/Desc1SPONSORSHIP
IRS990/OtherExpensesGrp/Desc2GIFTS, AWARDS AND TROPH
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/TotalAmt02800
IRS990/OtherExpensesGrp/TotalAmt12500
IRS990/OtherExpensesGrp/TotalAmt21690
IRS990/OtherExpensesGrp/TotalAmt3530
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0RESTITUTION
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt070420
IRS990/OtherRevenueMiscGrp/ExclusionAmt11912
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt070420
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11912
IRS990/OtherRevenueTotalAmt072332
IRS990/OtherSalariesAndWagesGrp/TotalAmt08564
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt07696
IRS990/PensionPlanContributionsGrp/TotalAmt02120
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0SHANE DUBOIS
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0385175
IRS990/PYGrantsAndSimilarPaidAmt01500
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0156448
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt065090
IRS990/PYSalariesCompEmpBnftPaidAmt0162137
IRS990/PYTotalExpensesAmt0320085
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0385175
IRS990/ReconcilationRevenueExpnssAmt0109920
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt01199
IRS990ScheduleD/EquipmentGrp/DepreciationAmt014174
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt015373
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt010700
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt010700
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01199
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A MISMANAGEMENT OF FUNDS WAS DISCOVERED IN NOVEMBER OF 2019 BY THEN EXECUTIVE DIRECTOR. THE PRESIDENT AND VICE PRESIDENT OF FLOWOOD BEST TOOK THE MATTER TO THE CITY ATTRONEY AT WHICH TIME THE ISSUE WAS TURNED OVER TO RANKIN COUNTY DISTRICT ATTORNEY'S OFFICE. THEY CONDUCTED A FULL AUDIT AND REVIEW FROM 2015 - 2019. DURING THIS PROCESS, THE CHAMBER TOOK MEASURES TO HAVE THE BOOKS INDEPENDENTLY AUDITED BY WINDHAM & LACEY ACCOUNTING FIRM. THEY ALSO SIGNED AN AGREEMENT WITH HADDOX REID EUBANK BETTS TO PROVIDE MONTHLY COMPILATION REPORTS FOR THE CHAMBER AND PREPARE AND FILE ALL CHAMBER TAXES. THE PREVIOUS EXCUTIVE DIRECTOR WAS FOUND GUILTY OF ONE COUNT OF FRAUD AND WAS MADE TO REPAY $70,000 IN RESITUTION PLUS COSTS WHICH HAS BEEN PAID IN FULL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERSHIP ORGANIZATION WITH NO STOCKHOLDERS. ALL ARE SAME CLASS WITH EQUAL RIGHTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING BODY MAY REVIEW THE FORM 990 AT A SCHEDULED BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BASED ON COMPENSATION OF CHAMBERS IN SURROUNDING AREAS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990 AND OTHER GOVERNING DOCUMENTS MAY BE REVIWED UPON REQUEST AT THE OFFICE OF THE FLOWOOD CHAMBER OF COMMERCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PRIOR YEAR ADJUSTMENT 17,089.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MS
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt030021
IRS990/TotalAssetsEOYAmt0141599
IRS990/TotalAssetsGrp/BOYAmt030021
IRS990/TotalAssetsGrp/EOYAmt0141599
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0207998
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/TotalAmt0170410
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt018078
IRS990/TotalLiabilitiesEOYAmt02647
IRS990/TotalLiabilitiesGrp/BOYAmt018078
IRS990/TotalLiabilitiesGrp/EOYAmt02647
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt011943
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0138952
IRS990/TotalOtherCompensationAmt00
IRS990/TotalReportableCompFromOrgAmt075865
IRS990/TotalRevenueGrp/ExclusionAmt072332
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0280330
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt030021
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0141599
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 320927
IRS990/USAddress/CityNm0FLOWOOD
IRS990/USAddress/StateAbbreviationCd0MS
IRS990/USAddress/ZIPCd039232
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.FLOWOODCHAMBER.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SHANE DUBOIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06012607612
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FLOWOOD BEST
ReturnHeader/Filer/BusinessNameControlTxt0FLOW
ReturnHeader/Filer/EIN0201863857
ReturnHeader/Filer/PhoneNum06012607612
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 320927
ReturnHeader/Filer/USAddress/CityNm0FLOWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd039232
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0640414329
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HADDOX REID EUBANK BETTS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0188 EAST CAPITOL STREET STE 500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0JACKSON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd039201
ReturnHeader/PreparerPersonGrp/PhoneNum06019482924
ReturnHeader/PreparerPersonGrp/PreparationDt02021-10-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL H GLADNEY CPA
ReturnHeader/ReturnTs02021-10-25T09:26:28-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SHANE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DUBOIS
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$141,599
Liabilities
$2,647
Net assets
$138,952
Revenue
$280,330
Expenses
$170,410
Net income
$109,920
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$0.03$1.71$3.52$3.30$0.22
2023Summary only. Only limited summary data is available for this year.$1.53$0.04$1.49$3.35$2.87$0.48
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.04$1.01$1.83$2.52$0.69
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.73$0.03$1.70$2.08$1.77$0.31
2020Detailed filing. Detailed filing data is available for this year.$1.42$0.03$1.39$2.80$1.70$1.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.30$0.18$0.12$3.85$3.20$0.65
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.04$0.57$0.53$3.35$3.41$0.06
2017Summary only. Only limited summary data is available for this year.$0.03$0.57$0.55$3.45$3.69$0.24
2016Summary only. Only limited summary data is available for this year.$0.11$0.20$0.09$2.73$3.13$0.40
2015Summary only. Only limited summary data is available for this year.$0.51$0.20$0.31$3.14$3.04$0.10
2014Summary only. Only limited summary data is available for this year.$0.26$0.05$0.21$3.29$3.63$0.34
2013Summary only. Only limited summary data is available for this year.$0.57$0.03$0.55$3.76$3.35$0.41
2012Summary only. Only limited summary data is available for this year.$0.16$0.02$0.14$2.88$3.11$0.23
2011Summary only. Only limited summary data is available for this year.$0.39$0.03$0.36$3.11$3.08$0.03