Civic Intelligence

Business Plus Inc

990 • Fiscal year 2020 • EIN 20-3898333

Jul 01, 2019 to Jun 30, 2020 • Filed on Sep 04, 2020

PO Box 929Twin Falls, ID 83303-0929

(208) 736-4559

Siviq Scores

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

Liabilities / Assets

59th percentile

0.02x

Higher debt load relative to assets than 59% of similar nonprofits.

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

Liabilities / Revenue

63rd percentile

0.04x

Higher debt load relative to revenue than 63% of similar nonprofits.

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

Net Margin

53rd percentile

5.1%

Higher net margin than 53% of similar nonprofits.

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

Top Officer Pay

79th percentile

$32,499

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 19.2% of source-year revenue.

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

Asset Growth

50th percentile

2.9%

Faster asset growth than 50% of similar nonprofits.

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

Revenue Growth

76th percentile

-0.2%

Faster revenue growth than 76% of similar nonprofits.

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

Assets

Up

$297,497

Up $8,456 (+2.9%) from 2019

Net Assets

Up

$291,154

Up $8,605 (+3.0%) from 2019

Liabilities

Down

$6,343

Down $149 (-2.3%) from 2019

Revenue

Down

$168,967

Down $357 (-0.2%) from 2019

Expenses

Up

$160,362

Up $14,683 (+10%) from 2019

Net Income

Down

$8,605

Down $15,040 (-64%) from 2019

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $301,884Liabilities 2011: $0Net Assets 2011: $301,8842011Assets 2012: $143,761Liabilities 2012: $0Net Assets 2012: $143,7612012Assets 2013: $186,996Liabilities 2013: $0Net Assets 2013: $186,9962013Assets 2014: $171,287Liabilities 2014: $0Net Assets 2014: $171,2872014Assets 2015: $179,941Liabilities 2015: $0Net Assets 2015: $179,9412015Assets 2016: $213,943Liabilities 2016: $0Net Assets 2016: $213,9432016Assets 2017: $231,438Liabilities 2017: $0Net Assets 2017: $231,4382017Assets 2018: $259,179Liabilities 2018: $275Net Assets 2018: $258,9042018Assets 2019: $289,041Liabilities 2019: $6,492Net Assets 2019: $282,5492019Assets 2020: $297,497Liabilities 2020: $6,343Net Assets 2020: $291,1542020Assets 2021: $293,489Liabilities 2021: $2,918Net Assets 2021: $290,5712021Assets 2022: $305,250Liabilities 2022: $0Net Assets 2022: $305,2502022Assets 2023: $337,009Liabilities 2023: $0Net Assets 2023: $337,0092023Assets 2024: $338,464Liabilities 2024: $0Net Assets 2024: $338,4642024

Highlighted filing

2020

Assets$297,497
Liabilities$6,343
Net Assets$291,154

Operations Trend

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

$300K$200K$100K$0-$100K-$200KRevenue 2011: $101,812Expenses 2011: $98,359Net Income 2011: $3,4532011Revenue 2012: $70,785Expenses 2012: $228,908Net Income 2012: -$158,1232012Revenue 2013: $155,307Expenses 2013: $112,072Net Income 2013: $43,2352013Revenue 2014: $114,097Expenses 2014: $129,806Net Income 2014: -$15,7092014Revenue 2015: $133,732Expenses 2015: $125,078Net Income 2015: $8,6542015Revenue 2016: $159,686Expenses 2016: $125,684Net Income 2016: $34,0022016Revenue 2017: $154,490Expenses 2017: $136,995Net Income 2017: $17,4952017Revenue 2018: $160,165Expenses 2018: $132,699Net Income 2018: $27,4662018Revenue 2019: $169,324Expenses 2019: $145,679Net Income 2019: $23,6452019Revenue 2020: $168,967Expenses 2020: $160,362Net Income 2020: $8,6052020Revenue 2021: $173,912Expenses 2021: $174,495Net Income 2021: -$5832021Revenue 2022: $168,065Expenses 2022: $153,386Net Income 2022: $14,6792022Revenue 2023: $199,418Expenses 2023: $167,659Net Income 2023: $31,7592023Revenue 2024: $184,724Expenses 2024: $183,269Net Income 2024: $1,4552024

Highlighted filing

2020

Revenue$168,967
Expenses$160,362
Net Income$8,605
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Sep 4, 2020
Return Version
2019v5.0
Gross Receipts
$168,967
Mission and Program Overview

Mission

Business plus, inc assists local economic development organizations to recruit new businesses, new employees and expand existing businesses by granting funds for new jobs created and fund the regional marketing organization in support of those activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$289,041$297,497▲ $8,456
Total Assets$289,041$297,497▲ $8,456
Liabilities
Other Liabilities$6,492$6,343▼ $149
Total Liabilities$6,492$6,343▼ $149
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$282,549$291,154▲ $8,605
Total Net Assets Fund Balance$282,549$291,154▲ $8,605
Total Liabilities and Net Assets / Fund Balance$289,041$297,497▲ $8,456
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rebecca WildmanExecutive DiPT$32,499$32,499

Board Members and Trustees

NameTitle
Neil ChristensenPresident
Alan HornerDirector
Chris SieboldDirector
Con PaulosDirector
Dan HooverDirector
Dan OlmsteadDirector
Dr Brian WardDirector
Jeff MayDirector
Jim CappsDirector
Jim LynchDirector
Jody TremblayDirector
Lloyd SmithDirector
Mark LopshireDirector
Mason HarperDirector
Matt CookDirector
Matt SandbergDirector
Michael ArringtonDirector
Mitch WatkinsDirector
Nick LynchDirector
Renee AvramDirector
Rick NaereboutDirector
Rudy AshenbrenerDirector
Shane JenkinsDirector
Wendy LundbergDirector
William JensenDirector
Cindy CollinsSecretary
Todd WadsworthTreasurer
Jim EvansVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$167,357
Investment Income
$1,610
Other Revenue
$0
Change in Net Assets
$8,605
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$111,000
Other Expenses$49,362
Total Fundraising Expense$36,575
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$111,000--$111,000
Fees for Services Other$1,080-$32,499$33,579
Advertising$6,700--$6,700
Conferences and Meetings--$3,384$3,384
Information Technology$1,221--$1,221
Insurance-$975-$975
Office Expenses$665--$665
Travel--$632$632
Fees for Services Accounting-$575-$575
Other Expenses$714-$60$60
Total Functional Expenses$122,237$1,550$36,575$160,362
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
SiedoTwin Falls, IDGovAttract & Retain Bus$111,000
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Bank Overdraft$6,343
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
No
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

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Business Plus Inc
EIN
20-3898333
Phone
2087364559
Address
PO BOX 929, TWIN FALLS, ID 83303-0929

Signing Officer

Name
Rebecca Wildman
Title
Executive Director
Phone
2085396470
Signed
2020-09-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Neil Christensen
Formed
2005
Voting Board Members
28
Independent Board Members
28
Employees
0

Preparer

Firm
Stevens Pierce & Associates
Address
331 MAIN AVE E, TWIN FALLS, ID 83301
Preparer
Jeremy L Gooding CPA
Phone
2087348662
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Business plus, inc assists local economic development organizations to recruit new businesses, new employees and expand existing businesses by granting funds for new jobs created and fund the regional marketing organization in support of those activities.

Form 990, Page 2, Part III, Line 4D

Business plus provides grants to stimulate new jobs in our region.

Form 990, Part IX, Line 11G

Fundraising: printing project 407 0 0 fundraising: consulting 0 0 32,499 constant contact 673 0 0 total 1,080 0 32,499

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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02005
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IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt028
IRS990/GrantAmt0111000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0111000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0111000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0168967
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt028
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt01221
IRS990/InformationTechnologyGrp/TotalAmt01221
IRS990/InsuranceGrp/ManagementAndGeneralAmt0975
IRS990/InsuranceGrp/TotalAmt0975
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01610
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01610
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IRS990/IRPDocumentCnt01
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IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0BUSINESS PLUS, INC ASSISTS LOCAL ECONOMIC DEVELOPMENT ORGANIZATIONS TO RECRUIT NEW BUSINESSES, NEW EMPLOYEES AND EXPAND EXISTING BUSINESSES BY GRANTING FUNDS FOR NEW JOBS CREATED AND FUND THE REGIONAL MARKETING ORGANIZATION IN SUPPORT OF THOSE ACTIVITIES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0282549
IRS990/NetAssetsOrFundBalancesEOYAmt0291154
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IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ProgramServicesAmt0665
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IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0CHAMBER MEMBERSHIP
IRS990/OtherExpensesGrp/Desc1BANK AND MERCHANT FEES
IRS990/OtherExpensesGrp/Desc2TRAINING & DEVELOPMENT
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IRS990/OtherExpensesGrp/ProgramServicesAmt0857
IRS990/OtherExpensesGrp/ProgramServicesAmt1714
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IRS990/OtherExpensesGrp/TotalAmt1714
IRS990/OtherExpensesGrp/TotalAmt260
IRS990/OtherLiabilitiesGrp/BOYAmt06492
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IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0NEIL CHRISTENSEN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PLEDGE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0167357
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0167357
IRS990/ProgSrvcAccomActyOtherGrp/Desc0BUSINESS PLUS PROVIDES GRANTS TO STIMULATE NEW JOBS IN OUR REGION.
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IRS990/PYGrantsAndSimilarPaidAmt0110000
IRS990/PYInvestmentIncomeAmt01340
IRS990/PYOtherExpensesAmt035679
IRS990/PYProgramServiceRevenueAmt0167984
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IRS990/PYTotalRevenueAmt0169324
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IRS990/ReportOtherAssetsInd0false
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IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06343
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0BANK OVERDRAFT
IRS990ScheduleD/TotalLiabilityAmt06343
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt0111000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOV
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0ATTRACT & RETAIN BUS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SIEDO
IRS990ScheduleI/RecipientTable/RecipientEIN0820261628
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 1238
IRS990ScheduleI/RecipientTable/USAddress/CityNm0TWIN FALLS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0ID
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd0833031238
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BUSINESS PLUS, INC ASSISTS LOCAL ECONOMIC DEVELOPMENT ORGANIZATIONS TO RECRUIT NEW BUSINESSES, NEW EMPLOYEES AND EXPAND EXISTING BUSINESSES BY GRANTING FUNDS FOR NEW JOBS CREATED AND FUND THE REGIONAL MARKETING ORGANIZATION IN SUPPORT OF THOSE ACTIVITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BUSINESS PLUS PROVIDES GRANTS TO STIMULATE NEW JOBS IN OUR REGION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FUNDRAISING: PRINTING PROJECT 407 0 0 FUNDRAISING: CONSULTING 0 0 32,499 CONSTANT CONTACT 673 0 0 TOTAL 1,080 0 32,499
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0289041
IRS990/TotalAssetsEOYAmt0297497
IRS990/TotalAssetsGrp/BOYAmt0289041
IRS990/TotalAssetsGrp/EOYAmt0297497
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt036575
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01550

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.38$0.00$3.38$1.85$1.83$0.01
2023Detailed filing. Detailed filing data is available for this year.$3.37$0.00$3.37$1.99$1.68$0.32
2022Detailed filing. Detailed filing data is available for this year.$3.05$0.00$3.05$1.68$1.53$0.15
2021Detailed filing. Detailed filing data is available for this year.$2.93$0.03$2.91$1.74$1.74$0.01
2020Detailed filing. Detailed filing data is available for this year.$2.97$0.06$2.91$1.69$1.60$0.09
2019Detailed filing. Detailed filing data is available for this year.$2.89$0.06$2.83$1.69$1.46$0.24
2018Detailed filing. Detailed filing data is available for this year.$2.59$0.00$2.59$1.60$1.33$0.27
2017Detailed filing. Detailed filing data is available for this year.$2.31$0.00$2.31$1.54$1.37$0.17
2016Detailed filing. Detailed filing data is available for this year.$2.14$0.00$2.14$1.60$1.26$0.34
2015Detailed filing. Detailed filing data is available for this year.$1.80$0.00$1.80$1.34$1.25$0.09
2014Detailed filing. Detailed filing data is available for this year.$1.71$0.00$1.71$1.14$1.30$0.16
2013Summary only. Only limited summary data is available for this year.$1.87$0.00$1.87$1.55$1.12$0.43
2012Summary only. Only limited summary data is available for this year.$1.44$0.00$1.44$0.71$2.29$1.58
2011Summary only. Only limited summary data is available for this year.$3.02$0.00$3.02$1.02$0.98$0.03