Civic Intelligence

Boyle County Industrial Foundation Inc

990 • Fiscal year 2015 • EIN 23-7300083

Jul 01, 2014 to Jun 30, 2015 • Filed on Oct 21, 2015

Organization ProfileN/A
105 East Walnut StreetDanville, KY 40422

(859) 236-2631

Siviq Scores

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

Liabilities / Assets

70th percentile

0.40x

Higher debt load relative to assets than 70% of similar nonprofits.

2015 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

99th percentile

8.32x

Higher debt load relative to revenue than 99% of similar nonprofits.

2015 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2015

Net Margin

96th percentile

45%

Higher net margin than 96% of similar nonprofits.

2015 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

15th percentile

$112,476

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 38.2% of source-year revenue.

2015 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2015

Asset Growth

38th percentile

-0.4%

Faster asset growth than 38% of similar nonprofits.

2015 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2013 to 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Balance Sheet
Liabilities / Assets70th percentile

Assets

Down

$6,162,857

Down $44,124 (-0.7%) from 2013

Net Assets

Up

$3,711,299

Up $105,736 (+2.9%) from 2013

Liabilities

Down

$2,451,558

Down $149,860 (-5.8%) from 2013

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin96th percentile

Revenue

$294,782

No earlier filing loaded for comparison.

Expenses

Down

$161,721

Down $1,459 (-0.9%) from 2013

Net Income

$133,061

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth38th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $3,686,288Liabilities 2011: $20,000Net Assets 2011: $3,666,2882011Assets 2012: $6,335,513Liabilities 2012: $2,740,157Net Assets 2012: $3,595,3562012Assets 2013: $6,206,981Liabilities 2013: $2,601,418Net Assets 2013: $3,605,5632013Assets 2015: $6,162,857Liabilities 2015: $2,451,558Net Assets 2015: $3,711,2992015Assets 2016: $6,103,924Liabilities 2016: $2,431,208Net Assets 2016: $3,672,7162016Assets 2017: $6,074,897Liabilities 2017: $2,358,626Net Assets 2017: $3,716,2712017Assets 2018: $6,491,005Liabilities 2018: $2,352,849Net Assets 2018: $4,138,1562018Assets 2019: $6,411,820Liabilities 2019: $2,272,781Net Assets 2019: $4,139,0392019Assets 2020: $6,362,792Liabilities 2020: $2,188,735Net Assets 2020: $4,174,0572020Assets 2021: $4,416,402Liabilities 2021: $105,125Net Assets 2021: $4,311,2772021Assets 2022: $4,098,601Liabilities 2022: $105,125Net Assets 2022: $3,993,4762022Assets 2023: $3,959,893Liabilities 2023: $105,125Net Assets 2023: $3,854,7682023Assets 2024: $3,725,471Liabilities 2024: $105,125Net Assets 2024: $3,620,3462024Assets 2025: $3,756,521Liabilities 2025: $105,125Net Assets 2025: $3,651,3962025

Highlighted filing

2015

Assets$6,162,857
Liabilities$2,451,558
Net Assets$3,711,299
Open 2015 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$800K$600K$400K$200K$0-$200KExpenses 2011: $117,7852011Expenses 2012: $166,6552012Expenses 2013: $163,1802013Revenue 2015: $294,782Expenses 2015: $161,721Net Income 2015: $133,0612015Revenue 2016: $81,549Expenses 2016: $141,337Net Income 2016: -$59,7882016Revenue 2017: $273,020Expenses 2017: $227,588Net Income 2017: $45,4322017Revenue 2018: $618,685Expenses 2018: $166,568Net Income 2018: $452,1172018Revenue 2019: $99,287Expenses 2019: $153,422Net Income 2019: -$54,1352019Revenue 2020: $198,719Expenses 2020: $145,280Net Income 2020: $53,4392020Revenue 2021: $169,239Expenses 2021: $162,401Net Income 2021: $6,8382021Revenue 2022: $52,373Expenses 2022: $180,794Net Income 2022: -$128,4212022Revenue 2023: $59,188Expenses 2023: $231,825Net Income 2023: -$172,6372023Revenue 2024: $53,502Expenses 2024: $195,295Net Income 2024: -$141,7932024Revenue 2025: $66,351Expenses 2025: $150,433Net Income 2025: -$84,0822025

Highlighted filing

2015

Revenue$294,782
Expenses$161,721
Net Income$133,061
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Oct 21, 2015
Return Version
2014v5.0
Gross Receipts
$1,088,385
Mission and Program Overview

Mission

The foundation is a nonprofit corporation in the business of developing industrial property and recruiting industrial prospects for boyle county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,956,325$2,910,005▼ $46,320
Inventories for Sale or Use$1,263,835$1,140,523▼ $123,312
Investments in Publicly Traded Securities$884,773$980,102▲ $95,329
Savings and Temporary Cash Investments$918,635$771,461▼ $147,174
Cash and Non-Interest-Bearing Accounts$82,267$360,422▲ $278,155
Accounts Receivable$524$344▼ $180
Total Assets$6,106,359$6,162,857▲ $56,498
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,513,405$2,443,784▼ $69,621
Accounts Payable and Accrued Expenses$8,303$7,774▼ $529
Deferred Revenue$2,600--
Total Liabilities$2,524,308$2,451,558▼ $72,750
Net Assets / Fund Balance
Unrestricted Net Assets$3,582,051$3,711,299▲ $129,248
Total Net Assets Fund Balance$3,582,051$3,711,299▲ $129,248
Total Liabilities and Net Assets / Fund Balance$6,106,359$6,162,857▲ $56,498

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$54,536$24,967$79,503
Equipment$18,548$34,447$52,995
Buildings$2,256,921$266,949-
Land$580,000--
Compensation and Service Providers
Top Officer Pay15th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Jody LassiterPresidentPT$112,476$112,476

Board Members and Trustees

NameTitle
John AlbrightChairman
Greg CaudillVice Chairman
Bob RowlandDirector
Carl MetzDirector
Erin TiptonDirector
Harold MckinneyDirector
Jennifer G NewbyDirector
Jim JacobusDirector
Joey HarrisDirector
John RoushDirector
Paige D Stevens-sweeneyDirector
Walter GogginSecretary
Alan TurbyfillTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$29,634
Other Revenue
$265,148
Change in Net Assets
$133,061
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$161,721
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$15,776--$15,776
Depreciation Depletion$2,877$3,533-$6,410
Advertising$6,250--$6,250
Occupancy$5,896--$5,896
Fees for Service Investment Mgmnt Fees$5,313--$5,313
Fees for Services Accounting-$3,675-$3,675
Other Expenses$115,000$2,526-$2,526
Fees for Services Legal-$875-$875
Total Functional Expenses$151,112$10,609$0$161,721
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Greg CaudillPresident/ceo of Farmers National BankThe Foundation Has Checking and Investment Accounts at Farmers National BankNo-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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, Part VI, Section B, Line 11

“The 990 was provided to the board of directors by email. Any responses were directed to the president.”

Form 990, Part VI, Section C, Line 19

“Organizational documents are kept on file at the foundation office and are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Boyle County Industrial Foundation Inc
EIN
23-7300083
Phone
8592362631
Address
105 EAST WALNUT STREET, DANVILLE, KY 40422

Signing Officer

Name
Jody a Lassiter
Title
President
Phone
8592362631
Signed
2015-10-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jody a Lassiter
Formed
1961
Legal Domicile
Ky
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
0

Preparer

Firm
Kerbaugh & Rodes Cpas
Address
132 N SECOND ST, DANVILLE, KY 40422
Preparer
Glyn D Kerbaugh Jr
Phone
8592363924
Raw XML Appendix380 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt08303
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt07774
IRS990/AccountsReceivableGrp/BOYAmt0524
IRS990/AccountsReceivableGrp/EOYAmt0344
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE FOUNDATION IS A NONPROFIT CORPORATION IN THE BUSINESS OF DEVELOPING INDUSTRIAL PROPERTY AND RECRUITING INDUSTRIAL PROSPECTS FOR BOYLE COUNTY.
IRS990/AdvertisingGrp/ProgramServicesAmt06250
IRS990/AdvertisingGrp/TotalAmt06250
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BOYLE COUNTY INDUSTRIAL FOUNDATION
IRS990/BooksInCareOfDetail/PhoneNum08592362361
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0105 EAST WALNUT ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0DANVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd040422
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd01
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt082267
IRS990/CashNonInterestBearingGrp/EOYAmt0360422
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CostOfGoodsSoldAmt0248428
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt029634
IRS990/CYOtherExpensesAmt0161721
IRS990/CYOtherRevenueAmt0265148
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0133061
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0161721
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0294782
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt02600
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt03533
IRS990/DepreciationDepletionGrp/ProgramServicesAmt02877
IRS990/DepreciationDepletionGrp/TotalAmt06410
IRS990/Desc0TO DEVELOP AND RECRUIT INDUSTRIAL PROSPECTS FOR BOYLE COUNTY
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/ExpenseAmt0151112
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03675
IRS990/FeesForServicesAccountingGrp/TotalAmt03675
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0875
IRS990/FeesForServicesLegalGrp/TotalAmt0875
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt015776
IRS990/FeesForServicesOtherGrp/TotalAmt015776
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt05313
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt05313
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt035.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
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/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/PersonNm0JODY LASSITER
IRS990/Form990PartVIISectionAGrp/PersonNm1ALAN TURBYFILL
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN ALBRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm3WALTER GOGGIN
IRS990/Form990PartVIISectionAGrp/PersonNm4GREG CAUDILL
IRS990/Form990PartVIISectionAGrp/PersonNm5JIM JACOBUS
IRS990/Form990PartVIISectionAGrp/PersonNm6HAROLD MCKINNEY
IRS990/Form990PartVIISectionAGrp/PersonNm7BOB ROWLAND
IRS990/Form990PartVIISectionAGrp/PersonNm8JOHN ROUSH
IRS990/Form990PartVIISectionAGrp/PersonNm9CARL METZ
IRS990/Form990PartVIISectionAGrp/PersonNm10PAIGE D STEVENS-SWEENEY
IRS990/Form990PartVIISectionAGrp/PersonNm11ERIN TIPTON
IRS990/Form990PartVIISectionAGrp/PersonNm12JOEY HARRIS
IRS990/Form990PartVIISectionAGrp/PersonNm13JENNIFER G NEWBY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0112476
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01961
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-3785
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0312696
IRS990/GrossReceiptsAmt01088385
IRS990/GrossRentsGrp/RealAmt0265040
IRS990/GrossSalesOfInventoryAmt0477230
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InventoriesForSaleOrUseGrp/BOYAmt01263835
IRS990/InventoriesForSaleOrUseGrp/EOYAmt01140523
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt033419
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt033419
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0884773
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0980102
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0326363
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02956325
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02910005
IRS990/LandBldgEquipCostOrOtherBssAmt03236368
IRS990/LegalDomicileStateCd0KY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0316481
IRS990/LessRentalExpensesGrp/RealAmt0228694
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE FOUNDATION IS A NONPROFIT CORPORATION IN THE BUSINESS OF DEVELOPING INDUSTRIAL PROPERTY AND RECRUITING INDUSTRIAL PROSPECTS FOR BOYLE COUNTY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02513405
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02443784
IRS990/NetAssetsOrFundBalancesBOYAmt03582051
IRS990/NetAssetsOrFundBalancesEOYAmt03711299
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-3785
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-3785
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0228802
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0228802
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt036346
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt036346
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-3813
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt05896
IRS990/OccupancyGrp/TotalAmt05896
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0COMMUNITY DEVELOPMENT F
IRS990/OtherExpensesGrp/Desc1DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02526
IRS990/OtherExpensesGrp/ProgramServicesAmt0115000
IRS990/OtherExpensesGrp/TotalAmt0115000
IRS990/OtherExpensesGrp/TotalAmt12526
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JODY A LASSITER
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt032319
IRS990/PYOtherExpensesAmt0114337
IRS990/PYOtherRevenueAmt040685
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-41333
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0114337
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt073004
IRS990/ReconcilationRevenueExpnssAmt0133061
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt036346
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0294782
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0918635
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0771461
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02256921
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0266949
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt02523870
IRS990ScheduleD/EquipmentGrp/BookValueAmt018548
IRS990ScheduleD/EquipmentGrp/DepreciationAmt034447
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt052995
IRS990ScheduleD/LandGrp/BookValueAmt0580000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0580000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt054536
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt024967
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt079503
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02910005
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0GREG CAUDILL
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0PRESIDENT/CEO OF FARMERS NATIONAL BANK
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0THE FOUNDATION HAS CHECKING AND INVESTMENT ACCOUNTS AT FARMERS NATIONAL BANK
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 WAS PROVIDED TO THE BOARD OF DIRECTORS BY EMAIL. ANY RESPONSES WERE DIRECTED TO THE PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATIONAL DOCUMENTS ARE KEPT ON FILE AT THE FOUNDATION OFFICE AND ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0KY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06106359
IRS990/TotalAssetsEOYAmt06162857
IRS990/TotalAssetsGrp/BOYAmt06106359
IRS990/TotalAssetsGrp/EOYAmt06162857
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt010609
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0151112
IRS990/TotalFunctionalExpensesGrp/TotalAmt0161721
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02524308
IRS990/TotalLiabilitiesEOYAmt02451558
IRS990/TotalLiabilitiesGrp/BOYAmt02524308
IRS990/TotalLiabilitiesGrp/EOYAmt02451558
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03582051
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03711299
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0151112
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0294782
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0294782
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06106359
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06162857
IRS990/TotReportableCompRltdOrgAmt0112476
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt03582051
IRS990/UnrestrictedNetAssetsGrp/EOYAmt03711299
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0105 EAST WALNUT ST
IRS990/USAddress/CityNm0DANVILLE
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd040422
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JODY A LASSITER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08592362631
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-10-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BOYLE COUNTY INDUSTRIAL FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0BOYL
ReturnHeader/Filer/EIN0237300083
ReturnHeader/Filer/PhoneNum08592362631
ReturnHeader/Filer/USAddress/AddressLine1Txt0105 EAST WALNUT STREET
ReturnHeader/Filer/USAddress/CityNm0DANVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040422
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0611064793
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KERBAUGH & RODES CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0132 N SECOND ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DANVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd040422
ReturnHeader/PreparerPersonGrp/PhoneNum08592363924
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GLYN D KERBAUGH JR
ReturnHeader/ReturnTs02015-11-05T14:22:31-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,162,857
Liabilities
$2,451,558
Net assets
$3,711,299
Revenue
$294,782
Expenses
$161,721
Net income
$133,061
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.76$0.11$3.65$0.07$0.15$0.08
2024Detailed filing. Detailed filing data is available for this year.$3.73$0.11$3.62$0.05$0.20$0.14
2023Detailed filing. Detailed filing data is available for this year.$3.96$0.11$3.85$0.06$0.23$0.17
2022Detailed filing. Detailed filing data is available for this year.$4.10$0.11$3.99$0.05$0.18$0.13
2021Detailed filing. Detailed filing data is available for this year.$4.42$0.11$4.31$0.17$0.16$0.01
2020Detailed filing. Detailed filing data is available for this year.$6.36$2.19$4.17$0.20$0.15$0.05
2019Detailed filing. Detailed filing data is available for this year.$6.41$2.27$4.14$0.10$0.15$0.05
2018Detailed filing. Detailed filing data is available for this year.$6.49$2.35$4.14$0.62$0.17$0.45
2017Detailed filing. Detailed filing data is available for this year.$6.07$2.36$3.72$0.27$0.23$0.05
2016Detailed filing. Detailed filing data is available for this year.$6.10$2.43$3.67$0.08$0.14$0.06
2015Detailed filing. Detailed filing data is available for this year.$6.16$2.45$3.71$0.29$0.16$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.21$2.60$3.61$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.34$2.74$3.60$0.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.69$0.02$3.67$0.12