Civic Intelligence

Cotesworth Culture and Heritage Center

990 • Fiscal year 2013 • EIN 27-3710890

Jan 01, 2013 to Dec 31, 2013 • Filed on Mar 14, 2014

213 Colonial Road38655

(662) 234-5728

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

19th percentile

-15%

Higher net margin than 19% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

17th percentile

-26%

Faster asset growth than 17% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

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

Source year 2013

Assets

$11,581

No earlier filing loaded for comparison.

Net Assets

$11,581

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$26,226

No earlier filing loaded for comparison.

Expenses

$30,210

No earlier filing loaded for comparison.

Net Income

-$3,984

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2013: $11,581Liabilities 2013: $0Net Assets 2013: $11,5812013Assets 2015: $2,254,425Liabilities 2015: $0Net Assets 2015: $2,254,4252015Assets 2016: $2,279,298Liabilities 2016: $0Net Assets 2016: $2,279,2982016Assets 2017: $2,246,860Liabilities 2017: $0Net Assets 2017: $2,246,8602017Assets 2018: $2,185,750Liabilities 2018: $0Net Assets 2018: $2,185,7502018Assets 2019: $2,129,814Liabilities 2019: $0Net Assets 2019: $2,129,8142019Assets 2020: $2,075,127Liabilities 2020: $0Net Assets 2020: $2,075,1272020Assets 2022: $2,112,935Liabilities 2022: $56,613Net Assets 2022: $2,056,3222022Assets 2024: $1,997,132Liabilities 2024: $56,613Net Assets 2024: $1,940,5192024

Highlighted filing

2013

Assets$11,581
Liabilities$0
Net Assets$11,581

Operations Trend

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

$100K$50K$0-$50K-$100KRevenue 2013: $26,226Expenses 2013: $30,210Net Income 2013: -$3,9842013Revenue 2015: $9,375Expenses 2015: $16,034Net Income 2015: -$6,6592015Revenue 2016: $49,157Expenses 2016: $24,284Net Income 2016: $24,8732016Revenue 2017: $41,033Expenses 2017: $73,471Net Income 2017: -$32,4382017Revenue 2018: $10,125Expenses 2018: $71,235Net Income 2018: -$61,1102018Revenue 2019: $19,268Expenses 2019: $75,204Net Income 2019: -$55,9362019Revenue 2020: $11,149Expenses 2020: $65,836Net Income 2020: -$54,6872020Revenue 2022: $9,841Expenses 2022: $68,945Net Income 2022: -$59,1042022Revenue 2024: $26,119Expenses 2024: $73,289Net Income 2024: -$47,1702024

Highlighted filing

2013

Revenue$26,226
Expenses$30,210
Net Income-$3,984
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Mar 14, 2014
Return Version
2013v3.1
Gross Receipts
$26,226
Mission and Program Overview

Mission

The organization mission is to acquire and manage a center for mississippi culture and heritage. The organization intends to conduct seminars to educate the public about mississippi's heritage. The center will be an educational and interpretation center.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$-4,196$7,124▲ $11,320
Savings and Temporary Cash Investments$19,761$4,457▼ $15,304
Total Assets$15,565$11,581▼ $3,984
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$15,565$11,581▼ $3,984
Total Net Assets Fund Balance$15,565$11,581▼ $3,984
Total Liabilities and Net Assets / Fund Balance$15,565$11,581▼ $3,984
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$26,226
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$26,226
Change in Net Assets
$-3,984
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$30,210
Total Fundraising Expense$1,275
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$17,552--$17,552
Insurance$11,032--$11,032
Fees for Services Accounting-$250-$250
Other Expenses$101-$1,275$101
Total Functional Expenses$28,685$250$1,275$30,210
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Ms Katharine WilliamsDirectorExpense ReimbursemenNo$11,712
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
Yes
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
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Gloria kellum katharine williams president director cousins

Form 990, Page 6, Part VI, Line 3

During the organization's formative period, the organization has been approved as a "special project" of create foundation, a publicly supported 501(c)(3)organization. Create acts as fiscal agent of the organization.

Form 990, Page 6, Part VI, Line 7A

Article 3 of the organization's bylaws provide that the membership shall consist of the incorporator, all members of the board of directors, and all other persons, firms or corporations which are elected to membership by the affirmative vote of two-thirds of the directors present at a board meeting having a quorum of directors present.

Form 990, Page 6, Part VI, Line 7B

Article 4 of the bylaws provides for annual meeting of the membership for the purpose of electing directors and for the transaction of such other business as may come before the meeting.

Form 990, Page 6, Part VI, Line 9

Gloria kellum 213 colonial road oxford, ms 38655 the honorable lydia cassaniol p.o. Box 211 winona, ms 38967 ms. Juanita floyd p.o. Box 1053 tupelo, ms 38802 mr. Don fruge' jr. 1405 greenway cove oxford, ms 38655 the honorable william f. Winter p.o. Box 427 jackson, ms 39205 dr. Bernard taylor p.o. Box 175 carrollton, ms 38917 mr. Tom howorth 315 eagle springs road oxford, ms 38655 ms. Katharine williams p.o. Box 160 north carrollton, ms 38947 mary carol miller 705 olivia street greenwood, ms 38930 george shackleford 106 east main street north carrolton, ms 38947

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

The form 990 is provided to all director's for review prior to submission

Form 990, Page 6, Part VI, Line 12C

Board members sign written disclosures of related interest. Pursuant to the organization's conflict of interest policy, upon learning that a covered person may have willfully violated the provisions of the policy, the board shall form a special committee to investigate the violation. Upon receipt of the committee's report, the board (excluding the person whose actions are being investigated) shall take such corrective or remdial action as it deems appropriate, including exoneration, censure or request for resignation.

Form 990, Page 6, Part VI, Line 19

By request. Several of the governing documents are also available on the mississippi secretary of state's website.

Filing and Contact Details

Filer

EIN
27-3710890
Phone
6622345728

Signing Officer

Name
Gloria Kellum
Title
President
Phone
6622345728
Signed
2014-03-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gloria Kellum
Formed
2010
Legal Domicile
Ms
Voting Board Members
9
Independent Board Members
9
Employees
0

Preparer

Preparer
James Pegues CPA
Phone
6625347681
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The organization mission is to acquire and manage a center for mississippi culture and heritage. The organization intends to conduct seminars to educate the public about mississippi's heritage. The center will be an educational and interpretation center.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MISSION IS TO ACQUIRE AND MANAGE A CENTER FOR MISSISSIPPI CULTURE AND HERITAGE. THE ORGANIZATION INTENDS TO CONDUCT SEMINARS TO EDUCATE THE PUBLIC ABOUT MISSISSIPPI'S HERITAGE. THE CENTER WILL BE AN EDUCATIONAL AND INTERPRETATION CENTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GLORIA KELLUM KATHARINE WILLIAMS PRESIDENT DIRECTOR COUSINS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DURING THE ORGANIZATION'S FORMATIVE PERIOD, THE ORGANIZATION HAS BEEN APPROVED AS A "SPECIAL PROJECT" OF CREATE FOUNDATION, A PUBLICLY SUPPORTED 501(C)(3)ORGANIZATION. CREATE ACTS AS FISCAL AGENT OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ARTICLE 3 OF THE ORGANIZATION'S BYLAWS PROVIDE THAT THE MEMBERSHIP SHALL CONSIST OF THE INCORPORATOR, ALL MEMBERS OF THE BOARD OF DIRECTORS, AND ALL OTHER PERSONS, FIRMS OR CORPORATIONS WHICH ARE ELECTED TO MEMBERSHIP BY THE AFFIRMATIVE VOTE OF TWO-THIRDS OF THE DIRECTORS PRESENT AT A BOARD MEETING HAVING A QUORUM OF DIRECTORS PRESENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ARTICLE 4 OF THE BYLAWS PROVIDES FOR ANNUAL MEETING OF THE MEMBERSHIP FOR THE PURPOSE OF ELECTING DIRECTORS AND FOR THE TRANSACTION OF SUCH OTHER BUSINESS AS MAY COME BEFORE THE MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GLORIA KELLUM 213 COLONIAL ROAD OXFORD, MS 38655 THE HONORABLE LYDIA CASSANIOL P.O. BOX 211 WINONA, MS 38967 MS. JUANITA FLOYD P.O. BOX 1053 TUPELO, MS 38802 MR. DON FRUGE' JR. 1405 GREENWAY COVE OXFORD, MS 38655 THE HONORABLE WILLIAM F. WINTER P.O. BOX 427 JACKSON, MS 39205 DR. BERNARD TAYLOR P.O. BOX 175 CARROLLTON, MS 38917 MR. TOM HOWORTH 315 EAGLE SPRINGS ROAD OXFORD, MS 38655 MS. KATHARINE WILLIAMS P.O. BOX 160 NORTH CARROLLTON, MS 38947 MARY CAROL MILLER 705 OLIVIA STREET GREENWOOD, MS 38930 GEORGE SHACKLEFORD 106 EAST MAIN STREET NORTH CARROLTON, MS 38947
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE FORM 990 IS PROVIDED TO ALL DIRECTOR'S FOR REVIEW PRIOR TO SUBMISSION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7BOARD MEMBERS SIGN WRITTEN DISCLOSURES OF RELATED INTEREST. PURSUANT TO THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, UPON LEARNING THAT A COVERED PERSON MAY HAVE WILLFULLY VIOLATED THE PROVISIONS OF THE POLICY, THE BOARD SHALL FORM A SPECIAL COMMITTEE TO INVESTIGATE THE VIOLATION. UPON RECEIPT OF THE COMMITTEE'S REPORT, THE BOARD (EXCLUDING THE PERSON WHOSE ACTIONS ARE BEING INVESTIGATED) SHALL TAKE SUCH CORRECTIVE OR REMDIAL ACTION AS IT DEEMS APPROPRIATE, INCLUDING EXONERATION, CENSURE OR REQUEST FOR RESIGNATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8BY REQUEST. SEVERAL OF THE GOVERNING DOCUMENTS ARE ALSO AVAILABLE ON THE MISSISSIPPI SECRETARY OF STATE'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/EOYAmt011581
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IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01275
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0250
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt028685
IRS990/TotalFunctionalExpensesGrp/TotalAmt030210
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt015565
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt011581
IRS990/TotalProgramServiceExpensesAmt028685
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt026226
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt015565
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt011581
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt015565
IRS990/UnrestrictedNetAssetsGrp/EOYAmt011581
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10213 COLONIAL ROAD
IRS990/USAddress/City0OXFORD
IRS990/USAddress/State0MS
IRS990/USAddress/ZIPCode038655
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.COTESWORTHCENTER.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GLORIA KELLUM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06622345728
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-03-14
ReturnHeader/Filer/BusinessName/BusinessNameLine10COTESWORTH CULTURE AND
ReturnHeader/Filer/BusinessName/BusinessNameLine20HERITAGE CENTER
ReturnHeader/Filer/BusinessNameControlTxt0COTE
ReturnHeader/Filer/EIN0273710890
ReturnHeader/Filer/PhoneNum06622345728
ReturnHeader/Filer/USAddress/AddressLine10213 COLONIAL ROAD
ReturnHeader/Filer/USAddress/City0OXFORD
ReturnHeader/Filer/USAddress/State0MS
ReturnHeader/Filer/USAddress/ZIPCode038655
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10NAIL MCKINNEY PROFESSIONAL ASSOCIATION
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10805 HIGHWAY 348
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0NEW ALBANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode038652
ReturnHeader/PreparerPersonGrp/PhoneNum06625347681
ReturnHeader/PreparerPersonGrp/PreparationDt02014-03-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES PEGUES CPA
ReturnHeader/ReturnTs02014-04-24T13:46:33-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

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