Civic Intelligence

Natchez Inc

990 • Fiscal year 2016 • EIN 27-1683576

Oct 01, 2015 to Sep 30, 2016 • Filed on May 30, 2017

211 Main Street No Ste BNatchez, MS 39120

(601) 445-0288

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.24x

Higher debt load relative to assets than 83% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

88th percentile

0.27x

Higher debt load relative to revenue than 88% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Net Margin

65th percentile

8.3%

Higher net margin than 65% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

99th percentile

$159,958

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 36.2% of source-year revenue.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Asset Growth

60th percentile

7.1%

Faster asset growth than 60% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

66th percentile

8.6%

Faster revenue growth than 66% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$496,103

Up $32,934 (+7.1%) from 2015

Net Assets

Up

$374,676

Up $36,862 (+11%) from 2015

Liabilities

Down

$121,427

Down $3,928 (-3.1%) from 2015

Revenue

Up

$441,583

Up $34,805 (+8.6%) from 2015

Expenses

Down

$404,721

Down $50,900 (-11%) from 2015

Net Income

Up

$36,862

Up $85,705 (+175%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $620,948Liabilities 2011: $175,929Net Assets 2011: $445,0192011Assets 2012: $518,853Liabilities 2012: $125,728Net Assets 2012: $393,1252012Assets 2013: $528,027Liabilities 2013: $154,841Net Assets 2013: $373,1862013Assets 2014: $531,531Liabilities 2014: $144,874Net Assets 2014: $386,6572014Assets 2015: $463,169Liabilities 2015: $125,355Net Assets 2015: $337,8142015Assets 2016: $496,103Liabilities 2016: $121,427Net Assets 2016: $374,6762016Assets 2017: $476,584Liabilities 2017: $122,653Net Assets 2017: $353,9312017Assets 2018: $848,236Liabilities 2018: $492,873Net Assets 2018: $355,3632018Assets 2019: $652,212Liabilities 2019: $266,301Net Assets 2019: $385,9112019Assets 2020: $556,621Liabilities 2020: $179,190Net Assets 2020: $377,4312020Assets 2021: $661,598Liabilities 2021: $215,683Net Assets 2021: $445,9152021Assets 2022: $588,433Liabilities 2022: $166,686Net Assets 2022: $421,7472022Assets 2023: $435,494Liabilities 2023: $137,104Net Assets 2023: $298,3902023Assets 2025: $345,154Liabilities 2025: $122,155Net Assets 2025: $222,9992025

Highlighted filing

2016

Assets$496,103
Liabilities$121,427
Net Assets$374,676

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $357,6962011Expenses 2012: $447,4752012Expenses 2013: $412,1862013Revenue 2014: $401,401Expenses 2014: $387,930Net Income 2014: $13,4712014Revenue 2015: $406,778Expenses 2015: $455,621Net Income 2015: -$48,8432015Revenue 2016: $441,583Expenses 2016: $404,721Net Income 2016: $36,8622016Revenue 2017: $440,072Expenses 2017: $460,817Net Income 2017: -$20,7452017Revenue 2018: $431,980Expenses 2018: $430,548Net Income 2018: $1,4322018Revenue 2019: $455,284Expenses 2019: $424,736Net Income 2019: $30,5482019Revenue 2020: $430,887Expenses 2020: $439,367Net Income 2020: -$8,4802020Revenue 2021: $511,099Expenses 2021: $443,303Net Income 2021: $67,7962021Revenue 2022: $461,977Expenses 2022: $486,145Net Income 2022: -$24,1682022Revenue 2023: $404,949Expenses 2023: $528,306Net Income 2023: -$123,3572023Revenue 2025: $436,803Expenses 2025: $452,011Net Income 2025: -$15,2082025

Highlighted filing

2016

Revenue$441,583
Expenses$404,721
Net Income$36,862
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
May 30, 2017
Return Version
2015v3.0
Gross Receipts
$441,583
Mission and Program Overview

Mission

The organization's sole purpose is to foster economic development in natchez and adams county by combining the efforts of public and private support.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$203,881$204,246▲ $365
Cash and Non-Interest-Bearing Accounts$120,997$152,155▲ $31,158
Accounts Receivable$100,000$104,834▲ $4,834
Land, Buildings, and Equipment, Net$36,137$34,868▼ $1,269
Prepaid Expenses and Deferred Charges$2,154$0▼ $2,154
Total Assets$463,169$496,103▲ $32,934
Liabilities
Other Liabilities$119,659$119,659→ $0
Accounts Payable and Accrued Expenses$5,696$1,768▼ $3,928
Total Liabilities$125,355$121,427▼ $3,928
Net Assets / Fund Balance
Unrestricted Net Assets$337,814$374,676▲ $36,862
Total Net Assets Fund Balance$337,814$374,676▲ $36,862
Total Liabilities and Net Assets / Fund Balance$463,169$496,103▲ $32,934

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$34,868$39,418$74,286
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Chandler RussExecutive DirectorFT$148,958$11,000$159,958

Board Members and Trustees

NameTitle
Sue StedmanBoard Chair
Phillip WestVice Chair
Debbie HudsonDirector
James BiglaneDirector
Kevin CooperDirector
Margaret PerkinsSecretary
Jack StephensTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$424,341
Program Service Revenue
$16,877
Investment Income
$365
Other Revenue
$0
Change in Net Assets
$36,862

Audited Revenue Reconciliation

Revenue per Audited Statements
$441,583
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$441,583
Total Revenue per Form 990
$441,583
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$255,777
Other Expenses$148,944
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$208,078--$208,078
Fees for Services Other$50,807$1,920-$52,727
Other Employee Benefits$27,800--$27,800
Office Expenses$699$13,831-$14,530
Payroll Taxes$13,545--$13,545
Depreciation Depletion-$12,803-$12,803
Advertising$12,664--$12,664
Fees for Services Accounting$2,894$8,200-$11,094
Occupancy-$9,200-$9,200
Travel$839$8,221-$9,060
Pension Plan Contributions$6,354--$6,354
Other Expenses-$2,740-$2,740
Insurance-$2,674-$2,674
Information Technology-$771-$771
All Other Expenses-$719-$719
Total Functional Expenses$323,680$81,041$0$404,721

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$404,721
Total Expenses per Audited Statements$404,721
Total Expenses per Form 990$404,721
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Due To Adams County$119,659
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
No
Other officer compensation reviewed
No
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 11

The board will review the 990 in the board meeting.

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

The board of directors reveiws conflicts of interest during board meetings if any arise. Members who have a conflict of interest abstain from the decision processes relating to the conflict until the conflict is resolved. During the tax period, there were no conflicts of interest noted.

Form 990, Part VI, Section C, line 19

All governing documents are available upon request. Contact information can be found at www.natchezinc.com.

Filing and Contact Details

Filer

Filer Name
Natchez Inc
EIN
27-1683576
Phone
6014450288
Address
211 Main Street No Ste B, Natchez, MS 39120

Signing Officer

Name
Sue Stedman
Title
Board Chair
Phone
6014450288
Signed
2017-05-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sue Stedman
Formed
2009
Legal Domicile
Ms
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
The Gillon Group PLLC
Address
PO Box 1103, Natchez, MS 39121
Preparer
Deanne Tanksley
Phone
6014466681
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

Contract Labor : Program service expenses 1970. Management and general expenses 1920. Fundraising expenses 0. Total expenses 3890. Community Development: Program service expenses 48837. Management and general expenses 0. Fundraising expenses 0. Total expenses 48837.

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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0148958
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount01000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt010000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Chandler Russ
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0159958
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The board will review the 990 in the board meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The board of directors reveiws conflicts of interest during board meetings if any arise. Members who have a conflict of interest abstain from the decision processes relating to the conflict until the conflict is resolved. During the tax period, there were no conflicts of interest noted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All governing documents are available upon request. Contact information can be found at www.natchezinc.com.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Contract Labor : Program service expenses 1970. Management and general expenses 1920. Fundraising expenses 0. Total expenses 3890. Community Development: Program service expenses 48837. Management and general expenses 0. Fundraising expenses 0. Total expenses 48837.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, line 11g
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Natchez Now
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0271683608
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0The sole purpose is fundraising in support of Natchez, Inc.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0P O Box 1103
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Natchez
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd039121
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0Cash contribution
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1Loan agreement
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0Natchez Now
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1Natchez Now
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1E
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MS
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0463169
IRS990/TotalAssetsEOYAmt0496103
IRS990/TotalAssetsGrp/BOYAmt0463169
IRS990/TotalAssetsGrp/EOYAmt0496103
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt0424341
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt081041
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0323680
IRS990/TotalFunctionalExpensesGrp/TotalAmt0404721
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0125355
IRS990/TotalLiabilitiesEOYAmt0121427
IRS990/TotalLiabilitiesGrp/BOYAmt0125355
IRS990/TotalLiabilitiesGrp/EOYAmt0121427
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0337814
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0374676
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0323680
IRS990/TotalProgramServiceRevenueAmt016877
IRS990/TotalReportableCompFromOrgAmt0159958
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt017242
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0441583
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0463169
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0496103
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt08221
IRS990/TravelGrp/ProgramServicesAmt0839
IRS990/TravelGrp/TotalAmt09060
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0337814
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0374676
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0P O Box 700
IRS990/USAddress/CityNm0Natchez
IRS990/USAddress/StateAbbreviationCd0MS
IRS990/USAddress/ZIPCd039121
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0www.natchezinc.com
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Sue Stedman
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Board Chair
ReturnHeader/BusinessOfficerGrp/PhoneNum06014450288
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Natchez Inc
ReturnHeader/Filer/BusinessNameControlTxt0NATC
ReturnHeader/Filer/EIN0271683576
ReturnHeader/Filer/PhoneNum06014450288
ReturnHeader/Filer/USAddress/AddressLine1Txt0211 Main Street No Ste B

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.45$1.22$2.23$4.37$4.52$0.15
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.35$1.37$2.98$4.05$5.28$1.23
2022Detailed filing. Detailed filing data is available for this year.$5.88$1.67$4.22$4.62$4.86$0.24
2021Detailed filing. Detailed filing data is available for this year.$6.62$2.16$4.46$5.11$4.43$0.68
2020Detailed filing. Detailed filing data is available for this year.$5.57$1.79$3.77$4.31$4.39$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.52$2.66$3.86$4.55$4.25$0.31
2018Detailed filing. Detailed filing data is available for this year.$8.48$4.93$3.55$4.32$4.31$0.01
2017Detailed filing. Detailed filing data is available for this year.$4.77$1.23$3.54$4.40$4.61$0.21
2016Detailed filing. Detailed filing data is available for this year.$4.96$1.21$3.75$4.42$4.05$0.37
2015Detailed filing. Detailed filing data is available for this year.$4.63$1.25$3.38$4.07$4.56$0.49
2014Detailed filing. Detailed filing data is available for this year.$5.32$1.45$3.87$4.01$3.88$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.28$1.55$3.73$4.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.19$1.26$3.93$4.47
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.21$1.76$4.45$3.58