Civic Intelligence

Center for Rural Entrepreneurship

990 • Fiscal year 2016 • EIN 26-3114011

Jan 01, 2016 to Dec 31, 2016 • Filed on Sep 06, 2017

421 S 9 St Ste 245Lincoln, NE 68508

(402) 323-7339

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.02x

Higher debt load relative to assets than 43% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

39th percentile

0.01x

Higher debt load relative to revenue than 39% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

72nd percentile

14%

Higher net margin than 72% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

94th percentile

$154,275

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 20.0% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

27th percentile

-4.3%

Faster asset growth than 27% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

8th percentile

-41%

Faster revenue growth than 8% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$586,896

Down $26,680 (-4.3%) from 2015

Net Assets

Up

$575,488

Up $106,971 (+23%) from 2015

Liabilities

Down

$11,408

Down $133,651 (-92%) from 2015

Revenue

Down

$772,288

Down $534,662 (-41%) from 2015

Expenses

Down

$665,317

Down $596,519 (-47%) from 2015

Net Income

Up

$106,971

Up $61,857 (+137%) from 2015

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $833,564Liabilities 2010: $413,029Net Assets 2010: $420,5352010Assets 2011: $1,149,171Liabilities 2011: $584,668Net Assets 2011: $564,5032011Assets 2012: $1,324,408Liabilities 2012: $526,413Net Assets 2012: $797,9952012Assets 2013: $1,310,656Liabilities 2013: $585,733Net Assets 2013: $724,9232013Assets 2015: $613,576Liabilities 2015: $145,059Net Assets 2015: $468,5172015Assets 2016: $586,896Liabilities 2016: $11,408Net Assets 2016: $575,4882016Assets 2017: $471,932Liabilities 2017: $130,369Net Assets 2017: $341,5632017Assets 2019: $1,520,681Liabilities 2019: $1,000,187Net Assets 2019: $520,4942019Assets 2021: $7,023,425Liabilities 2021: $2,591,251Net Assets 2021: $4,432,1742021Assets 2022: $16,542,257Liabilities 2022: $11,104,515Net Assets 2022: $5,437,7422022

Highlighted filing

2016

Assets$586,896
Liabilities$11,408
Net Assets$575,488

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $838,7852010Expenses 2011: $1,144,9592011Expenses 2012: $1,455,1572012Revenue 2013: $1,423,309Expenses 2013: $1,496,381Net Income 2013: -$73,0722013Revenue 2015: $1,306,950Expenses 2015: $1,261,836Net Income 2015: $45,1142015Revenue 2016: $772,288Expenses 2016: $665,317Net Income 2016: $106,9712016Revenue 2017: $600,604Expenses 2017: $640,329Net Income 2017: -$39,7252017Revenue 2019: $2,640,955Expenses 2019: $2,277,552Net Income 2019: $363,4032019Revenue 2021: $9,339,755Expenses 2021: $5,550,759Net Income 2021: $3,788,9962021Revenue 2022: $17,238,118Expenses 2022: $7,579,390Net Income 2022: $9,658,7282022

Highlighted filing

2016

Revenue$772,288
Expenses$665,317
Net Income$106,971
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Sep 6, 2017
Return Version
2016v3.0
Gross Receipts
$772,288
Mission and Program Overview

Mission

To help leaders and citzens in rural communities and regions across the u.s. Embrace entrepreneurship as a core rural economic development strategy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$585,255$487,185▼ $98,070
Accounts Receivable$14,404$94,794▲ $80,390
Inventories for Sale or Use$5,153$1,922▼ $3,231
Land, Buildings, and Equipment, Net$3,486$1,632▼ $1,854
Prepaid Expenses and Deferred Charges$5,278$1,363▼ $3,915
Total Assets$613,576$586,896▼ $26,680
Liabilities
Other Liabilities$136,909$11,215▼ $125,694
Deferred Revenue$2,500$0▼ $2,500
Accounts Payable and Accrued Expenses$5,650$193▼ $5,457
Total Liabilities$145,059$11,408▼ $133,651
Net Assets / Fund Balance
Unrestricted Net Assets$468,517$575,488▲ $106,971
Total Net Assets Fund Balance$468,517$575,488▲ $106,971
Total Liabilities and Net Assets / Fund Balance$613,576$586,896▼ $26,680

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,632$15,265$16,897
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Donald MackeCo-directorFT$139,275$15,000$154,275
Deborah MarkleyManaging DirectorFT$134,281$15,000$149,281

Board Members and Trustees

NameTitle
Michelle DeckerChair
Angela LustBoard Member
David LeckeyBoard Member
Ines PoloniusBoard Member
Shawn Winkler - RiosBoard Member
Tim PutnamBoard Member
Steven RadleySecretary
Clyde CornettTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$771,866
Investment Income
$260
Other Revenue
$162
Change in Net Assets
$106,971
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$475,822
Other Expenses$188,345
Grants and Similar Amounts Paid$1,150
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$240,592$129,550-$370,142
Pension Plan Contributions$50,074$26,963-$77,037
Fees for Services Other$35,218$18,964-$54,182
Travel$18,447$9,933-$28,380
Payroll Taxes$17,279$9,304-$26,583
Occupancy$11,895$6,405-$18,300
Conferences and Meetings$10,762$5,795-$16,557
Office Expenses$9,517$5,125-$14,642
Information Technology$8,680$4,674-$13,354
Advertising$4,932$2,656-$7,588
Insurance$4,905$2,641-$7,546
Fees for Services Accounting$4,810$2,590-$7,400
Other Expenses$2,046$1,102-$3,148
Depreciation Depletion$2,033$1,095-$3,128
Other Employee Benefits$1,339$721-$2,060
Grants to Domestic Orgs$1,150--$1,150
All Other Expenses$128$69-$197
Total Functional Expenses$432,857$232,460$0$665,317
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Vacation$11,215
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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 B, Line 11B

A copy of the form 990 was emailed to all board members for their review prior to filing.

Form 990, Part VI, Section B, Line 12C

Board of directors and staff are required to annually submit potential conflicts of interest statements. These are reviewed by management on an annual basis. In the event of a potential conflict, that person will recuse themselves from all discussion and/or vote on the matter.

Form 990, Part VI, Section B, Line 15

The managing director's annual performance review is conducted by the chairperson of the center's board of directors. During this annual review, the chairperson provides an independent review of the benchmark compensation package for the managing director. The managing director then works with the co-director on his/her compensation package.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy and financial statements are not available to the general public. The forms 1023 and 990 are made available upon request.

Filing and Contact Details

Filer

Filer Name
Center for Rural Entrepreneurship
EIN
26-3114011
Phone
4023237339
Address
421 S 9 ST STE 245, LINCOLN, NE 68508

Signing Officer

Name
Clyde Cornett
Title
Treasurer
Phone
4023237339
Signed
2017-09-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michelle Decker
Formed
2008
Legal Domicile
Ne
Voting Board Members
7
Independent Board Members
7
Employees
7
Volunteers
7

Preparer

Firm
Elliott Davis Decosimo LLC Pllc
Address
1901 MAIN STREET SUITE 900, COLUMBIA, SC 29201
Preparer
Denise P Hill CPA
Phone
8032560002
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IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0412
IRS990/PYOtherExpensesAmt0737995
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01306538
IRS990/PYRevenuesLessExpensesAmt045114
IRS990/PYSalariesCompEmpBnftPaidAmt0523841
IRS990/PYTotalExpensesAmt01261836
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01306950
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0106971
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0772028
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0260
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0468
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0570
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01043
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01328
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03669
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0771866
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01306538
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01230886
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01422266
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01687321
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt06418877
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0260
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0468
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0570
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01043
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01328
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03669
IRS990ScheduleA/InvestmentIncomeCYPct00.00060
IRS990ScheduleA/InvestmentIncomePYPct00.00050
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0162
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0162
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99940
IRS990ScheduleA/PublicSupportPY509Pct00.99950
IRS990ScheduleA/PublicSupportTotal509Amt06418877
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0771866
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01306538
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01230886
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01422266
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01687321
IRS990ScheduleA/Total509Grp/TotalAmt06418877
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0772288
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01307006
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01231456
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01423309
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01688649
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06422708
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt01632
IRS990ScheduleD/EquipmentGrp/DepreciationAmt015265
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt016897
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011215
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED VACATION
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01632
IRS990ScheduleD/TotalLiabilityAmt011215
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0139275
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt015000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DONALD MACKE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CO-DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0154275
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE FORM 990 WAS EMAILED TO ALL BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD OF DIRECTORS AND STAFF ARE REQUIRED TO ANNUALLY SUBMIT POTENTIAL CONFLICTS OF INTEREST STATEMENTS. THESE ARE REVIEWED BY MANAGEMENT ON AN ANNUAL BASIS. IN THE EVENT OF A POTENTIAL CONFLICT, THAT PERSON WILL RECUSE THEMSELVES FROM ALL DISCUSSION AND/OR VOTE ON THE MATTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MANAGING DIRECTOR'S ANNUAL PERFORMANCE REVIEW IS CONDUCTED BY THE CHAIRPERSON OF THE CENTER'S BOARD OF DIRECTORS. DURING THIS ANNUAL REVIEW, THE CHAIRPERSON PROVIDES AN INDEPENDENT REVIEW OF THE BENCHMARK COMPENSATION PACKAGE FOR THE MANAGING DIRECTOR. THE MANAGING DIRECTOR THEN WORKS WITH THE CO-DIRECTOR ON HIS/HER COMPENSATION PACKAGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE GENERAL PUBLIC. THE FORMS 1023 AND 990 ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0613576
IRS990/TotalAssetsEOYAmt0586896
IRS990/TotalAssetsGrp/BOYAmt0613576
IRS990/TotalAssetsGrp/EOYAmt0586896
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0232460
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0432857
IRS990/TotalFunctionalExpensesGrp/TotalAmt0665317
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0145059
IRS990/TotalLiabilitiesEOYAmt011408
IRS990/TotalLiabilitiesGrp/BOYAmt0145059
IRS990/TotalLiabilitiesGrp/EOYAmt011408

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