Civic Intelligence

Muhlenberg Economic Growth Alliance

990 • Fiscal year 2020 • EIN 27-4215892

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 29, 2021

Organization Profilewww.mafp.us
PO Box 636Greenville, KY 42345

(270) 338-4102

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

Higher debt load relative to assets than 15% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.01x

Higher debt load relative to revenue than 15% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Net Margin

97th percentile

50%

Higher net margin than 97% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

29th percentile

$75,669

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 11.5% of source-year revenue.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

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

Source year 2020

Revenue Growth

Score unavailable

No value available

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

Source year 2020

Balance Sheet
Liabilities / Assets15th percentile

Assets

$1,484,627

No earlier filing loaded for comparison.

Net Assets

$1,480,689

No earlier filing loaded for comparison.

Liabilities

$3,938

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue15th percentileNet Margin97th percentile

Revenue

$655,228

No earlier filing loaded for comparison.

Expenses

$327,083

No earlier filing loaded for comparison.

Net Income

$328,145

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$6.0M$4.0M$2.0M$0Assets 2020: $1,484,627Liabilities 2020: $3,938Net Assets 2020: $1,480,6892020Assets 2021: $1,545,179Liabilities 2021: $70,246Net Assets 2021: $1,474,9332021Assets 2022: $1,725,720Liabilities 2022: $3,124Net Assets 2022: $1,722,5962022Assets 2024: $4,370,894Liabilities 2024: $1,772,416Net Assets 2024: $2,598,4782024

Highlighted filing

2020

Assets$1,484,627
Liabilities$3,938
Net Assets$1,480,689
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2020: $655,228Expenses 2020: $327,083Net Income 2020: $328,1452020Revenue 2021: $348,754Expenses 2021: $354,510Net Income 2021: -$5,7562021Revenue 2022: $553,235Expenses 2022: $305,572Net Income 2022: $247,6632022Revenue 2024: $2,050,495Expenses 2024: $1,450,617Net Income 2024: $599,8782024

Highlighted filing

2020

Revenue$655,228
Expenses$327,083
Net Income$328,145
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 29, 2021
Return Version
2020v4.1
Gross Receipts
$655,228
Mission and Program Overview

Mission

The Corporation was formed to recruit and promote new and existing industrial business to Muhlenberg County and immediate area .

The Corporation was formed to recruit and promote new and existing industrial business to Muhlenberg County and immediate area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,152,544$1,480,689▲ $328,145
Land, Buildings, and Equipment, Net$1,214,280$1,228,935▲ $14,655
Cash and Non-Interest-Bearing Accounts$119,875$254,192▲ $134,317
Accounts Receivable-$1,500-
Total Assets$1,334,155$1,484,627▲ $150,472
Liabilities
Mortgage Notes Payable Secured by Investment Property$171,921--
Accounts Payable and Accrued Expenses$9,690$3,938▼ $5,752
Total Liabilities$181,611$3,938▼ $177,673
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,152,544$1,480,689▲ $328,145
Total Liabilities and Net Assets / Fund Balance$1,334,155$1,484,627▲ $150,472

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,214,280-$1,214,280
Equipment-$2,616$2,616
Leasehold Improvements$14,655--
Compensation and Service Providers
Top Officer Pay29th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Gary JonesPresident/CEOFT$75,669$75,669
Karen RobinsonAdministratorFT$51,083$51,083

Board Members and Trustees

NameTitle
Peggy WilliamsChairperson
Gary CarverVice-chairman
Belinda MckinneyBoard
Chris FordBoard
Curtis McgeheeBoard
Dean RoweBoard
Ed HeathBoard
Elizabeth GentryBoard
Jon RogersBoard
L Wayne CisneyBoard
Lee FauntleroyBoard
Mike DavenportBoard
Mike MercerBoard
Robert DavisBoard
Stephanie JonesBoard
Tammy PiperBoard
Lanie GardnerSecretary/treas
Revenue and Support

Revenue Composition

Contributions and Grants
$653,514
Program Service Revenue
$0
Investment Income
$41
Other Revenue
$1,673
All Other Contributions
$598,014
Change in Net Assets
$328,145
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$139,430
Grants and Similar Amounts Paid$100,597
Other Expenses$87,056
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$126,752-$126,752
Grants to Domestic Orgs---$100,597
Payroll Taxes-$11,178-$11,178
Office Expenses-$7,197-$7,197
Fees for Services Accounting-$2,740-$2,740
Occupancy-$1,572-$1,572
Interest-$1,563-$1,563
Pension Plan Contributions-$1,500-$1,500
Other Expenses-$1,246-$1,246
Insurance-$1,110-$1,110
Advertising-$1,026-$1,026
Travel-$372-$372
Conferences and Meetings-$261-$261
Total Functional Expenses$0$226,486$0$327,083
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Muhlenberg County AirportGreenville, KY-Flight Training Program$28,598
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
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
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 A, Line 6,7A

“The corporation has directors and officers elected annually by the current board of directors”

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

“All directors and officers disclose in writing any conflicts that would prohibit independence and also identify any questionable transactions to a designated official of the corporation.”

Form 990, Part VI, Section B, Line 15B

“All compensated officers and employees have salaries established by the board of directors in compliance with market salaries of comparable positions in the area. Directors are not compensated.”

Form 990, Part VI, Section B, Line 11

“The full board of directors have available form 990 for discussion and review.”

Form 990, Part VI, Section C, Line 9

“The corporation has advertised on their website that all financial information, independence policies, and bylaws are available to the general public upon request..”

Filing and Contact Details

Filer

Filer Name
Muhlenberg Alliance for Progress Inc
EIN
27-4215892
Phone
2703384102
Address
PO BOX 636, GREENVILLE, KY 42345

Signing Officer

Name
Gary Jones
Title
Director
Signed
2021-06-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peggy Williams
Formed
2010
Legal Domicile
Ky
Voting Board Members
17
Independent Board Members
17
Employees
2

Preparer

Firm
Charles R Lewis CPA
Address
123 S MAIN ST, GREENVILLE, KY 42345
Preparer
Charles R Lewis
Phone
2703381709
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IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0DUES ASSOCIATIONS
IRS990/OtherExpensesGrp/Desc1TELEPHONE
IRS990/OtherExpensesGrp/Desc2INDUSTRIAL CONSULTANT
IRS990/OtherExpensesGrp/Desc3WEB SITE MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02761
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13578
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt263630
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt31246
IRS990/OtherExpensesGrp/TotalAmt02761
IRS990/OtherExpensesGrp/TotalAmt13578
IRS990/OtherExpensesGrp/TotalAmt263630
IRS990/OtherExpensesGrp/TotalAmt31246
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REFUNDS
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01673
IRS990/OtherRevenueTotalAmt01673
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011178
IRS990/PayrollTaxesGrp/TotalAmt011178
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01500
IRS990/PensionPlanContributionsGrp/TotalAmt01500
IRS990/PoliciesReferenceChaptersInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0PEGGY WILLIAMS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0394564
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0114288
IRS990/PYOtherRevenueAmt05238
IRS990/PYRevenuesLessExpensesAmt0147451
IRS990/PYSalariesCompEmpBnftPaidAmt0138063
IRS990/PYTotalExpensesAmt0252351
IRS990/PYTotalRevenueAmt0399802
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0328145
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01152544
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01480689
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02616
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02616
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt01214280
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01214280
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt014655
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01228935
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt028598
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0FLIGHT TRAINING PROGRAM
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MUHLENBERG COUNTY AIRPORT
IRS990ScheduleI/RecipientTable/RecipientEIN0611192622
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0SPARTAN DR
IRS990ScheduleI/RecipientTable/USAddress/CityNm0GREENVILLE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0KY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd042345
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION MAINTAINS A SIGNED GRANT AGREEMENT AND MONITORS THE GRANT FUNDS UPON EXPENDITURE.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 1
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION HAS DIRECTORS AND OFFICERS ELECTED ANNUALLY BY THE CURRENT BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL DIRECTORS AND OFFICERS DISCLOSE IN WRITING ANY CONFLICTS THAT WOULD PROHIBIT INDEPENDENCE AND ALSO IDENTIFY ANY QUESTIONABLE TRANSACTIONS TO A DESIGNATED OFFICIAL OF THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL COMPENSATED OFFICERS AND EMPLOYEES HAVE SALARIES ESTABLISHED BY THE BOARD OF DIRECTORS IN COMPLIANCE WITH MARKET SALARIES OF COMPARABLE POSITIONS IN THE AREA. DIRECTORS ARE NOT COMPENSATED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FULL BOARD OF DIRECTORS HAVE AVAILABLE FORM 990 FOR DISCUSSION AND REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CORPORATION HAS ADVERTISED ON THEIR WEBSITE THAT ALL FINANCIAL INFORMATION, INDEPENDENCE POLICIES, AND BYLAWS ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST..
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6,7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01334155
IRS990/TotalAssetsEOYAmt01484627
IRS990/TotalAssetsGrp/BOYAmt01334155
IRS990/TotalAssetsGrp/EOYAmt01484627
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0653514
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0226486
IRS990/TotalFunctionalExpensesGrp/TotalAmt0327083
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0181611
IRS990/TotalLiabilitiesEOYAmt03938
IRS990/TotalLiabilitiesGrp/BOYAmt0181611
IRS990/TotalLiabilitiesGrp/EOYAmt03938
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01152544
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01480689
IRS990/TotalReportableCompFromOrgAmt0126752

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,484,627
Liabilities
$3,938
Net assets
$1,480,689
Revenue
$655,228
Expenses
$327,083
Net income
$328,145
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.37$1.77$2.60$2.05$1.45$0.60
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.73$0.00$1.72$0.55$0.31$0.25
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.55$0.07$1.47$0.35$0.35$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.48$0.00$1.48$0.66$0.33$0.33