Civic Intelligence

Friends of Colonel Sanders Inc

EIN 27-5335103 • 501(c)3 • Corbin, KY

Profile

The mission and purpose of friends of colonel sanders inc is to create public awareness and educate the public regarding the legacy of colonel harland sanders and preserve the unique historic link between the colonel's achievements and corbin kentucky.

PO Box 1213Corbin, KY 40702

www.buildthecolonel.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

92nd percentile

60%

Higher net margin than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

80th percentile

28%

Faster asset growth than 80% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

98th percentile

590%

Faster revenue growth than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$124,318

Up $26,991 (+28%) from 2014

Liabilities

Flat

$0

Flat from 2014

Net Assets

Up

$124,318

Up $26,991 (+28%) from 2014

Operations
Liabilities / Revenue62nd percentileNet Margin92nd percentile

Revenue

Up

$44,876

Up $38,376 (+590%) from 2014

Expenses

Up

$17,885

Up $6,885 (+63%) from 2014

Net Income

Up

$26,991

Up $31,491 (+700%) from 2014

Trend Graphs

Balance Sheet Trend

Asset Growth80th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2013: $101,826Liabilities 2013: $0Net Assets 2013: $101,8262013Assets 2014: $97,327Liabilities 2014: $0Net Assets 2014: $97,3272014Assets 2015: $124,318Liabilities 2015: $0Net Assets 2015: $124,3182015

Highlighted filing

2015

Assets$124,318
Liabilities$0
Net Assets$124,318
Open 2015 Filing

Operations Trend

Revenue Growth98th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60K$40K$20K$0-$20KExpenses 2013: $4,8952013Revenue 2014: $6,500Expenses 2014: $11,000Net Income 2014: -$4,5002014Revenue 2015: $44,876Expenses 2015: $17,885Net Income 2015: $26,9912015

Highlighted filing

2015

Revenue$44,876
Expenses$17,885
Net Income$26,991
Open 2015 Filing

Filings

Most recent year

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

Open filing
Assets
$124,318
Liabilities
$0
Net assets
$124,318
Revenue
$44,876
Expenses
$17,885
Net income
$26,991
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Detailed filing. Detailed filing data is available for this year.$1.24$0.00$1.24$0.45$0.18$0.27
2014Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$0.07$0.11$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.00$1.02$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Mar 1, 2014 to Feb 28, 2015
Signed
May 15, 2015
Return Version
2014v5.0
Gross Receipts
$44,876
Mission and Program Overview

Mission

The mission and purpose of Friends of Colonel Sanders, Inc. is to create public awareness, educate the public regarding the legacy of Colonel Harland Sanders, and preserve the unique historic link between the Colonel's achievements and Corbin, KY.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$91,106$82,514▼ $8,592
Cash and Non-Interest-Bearing Accounts$6,221$30,054▲ $23,833
Total Assets$97,327$124,318▲ $26,991
Other Assets Total$0$11,750▲ $11,750
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$97,327$124,318▲ $26,991
Total Net Assets Fund Balance$97,327$124,318▲ $26,991
Total Liabilities and Net Assets / Fund Balance$97,327$124,318▲ $26,991

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$82,514$28,645$111,159
Other Assets Org$11,750--
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Suzie RazmusPresident/Director
Sharae MyersVice President/Director
Charlene BlairDirector
Kenneth PenningtonDirector
Marlon SamsDirector
Joe SheltonTreasurer/Director
Wesley TiptonIncorporator
Revenue and Support

Revenue Composition

Contributions and Grants
$44,876
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$44,876
Change in Net Assets
$26,991
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$17,885
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
Depreciation Depletion$16,318--$16,318
Other Expenses$758--$758
Fees for Services Accounting-$495-$495
Office Expenses$314--$314
Total Functional Expenses$17,390$495$0$17,885
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
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

“Form 990 will be reviewed by President of Board before submission to IRS.”

Form 990, Part VI, Section C, line 18

“The Form 990 is made available for public inspection upon request.”

Form 990, Part VI, Section C, line 19

“Governing documents are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Friends of Colonel Sanders Inc
EIN
27-5335103
Phone
6065219222
Address
PO Box 1213, Corbin, KY 40702

Signing Officer

Name
Suzie Razmus
Title
President
Phone
6065219222
Signed
2015-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Suzie Razmus
Formed
2011
Legal Domicile
Ky
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Marr Miller & Myers PSC
Address
PO Box 663, Corbin, KY 40702
Preparer
Rebecca B Myers
Phone
6065282454
Supplemental Narrative

Financial Statement Notes

Part III, Line 4:

“Statue of Colonel Harland Sanders - The statue enables visitors to the park to further their education regarding the Colonel and his contributions to Corbin, Kentucky.”

Raw XML Appendix316 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.

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ReturnHeader/BuildTS02016-02-25 16:41:14Z
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ReturnHeader/ReturnTs02015-05-13T10:37:59-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-03-01
ReturnHeader/TaxPeriodEndDt02015-02-28
ReturnHeader/TaxYr02014

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