Civic Intelligence

Agnes Smith Mcdowell Trust

990 • Fiscal year 2023 • EIN 32-0186585

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 09, 2024

Refreshing map…

103 Court StreetCynthiana, KY 41031

(859) 489-4832

Siviq Scores

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

Liabilities / Assets

8th percentile

0.00x

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

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

8th percentile

0.00x

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

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

11th percentile

-29%

Higher net margin than 11% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

25th percentile

$40,275

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 17.3% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

82nd percentile

28%

Faster asset growth than 82% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

24th percentile

-11%

Faster revenue growth than 24% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Up

$6,778,738

Up $1,468,338 (+28%) from 2021

Net Assets

Up

$6,778,738

Up $1,468,338 (+28%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Down

$232,277

Down $119,142 (-34%) from 2021

Expenses

Up

$299,768

Up $71,423 (+31%) from 2021

Net Income

Down

-$67,491

Down $190,565 (-155%) from 2021

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $4,876,243Liabilities 2011: $141Net Assets 2011: $4,876,1022011Assets 2012: $4,868,342Liabilities 2012: $141Net Assets 2012: $4,868,2012012Assets 2013: $4,945,857Liabilities 2013: $0Net Assets 2013: $4,945,8572013Assets 2014: $5,058,791Liabilities 2014: $0Net Assets 2014: $5,058,7912014Assets 2015: $5,037,263Liabilities 2015: $0Net Assets 2015: $5,037,2632015Assets 2016: $4,849,155Liabilities 2016: $0Net Assets 2016: $4,849,1552016Assets 2020: $5,187,326Liabilities 2020: $0Net Assets 2020: $5,187,3262020Assets 2021: $5,310,400Liabilities 2021: $0Net Assets 2021: $5,310,4002021Assets 2023: $6,778,738Liabilities 2023: $0Net Assets 2023: $6,778,7382023Assets 2024: $6,600,478Liabilities 2024: $0Net Assets 2024: $6,600,4782024

Highlighted filing

2023

Assets$6,778,738
Liabilities$0
Net Assets$6,778,738

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $201,5252011Expenses 2012: $266,1122012Revenue 2013: $379,672Expenses 2013: $302,016Net Income 2013: $77,6562013Revenue 2014: $364,398Expenses 2014: $251,464Net Income 2014: $112,9342014Revenue 2015: $245,578Expenses 2015: $267,106Net Income 2015: -$21,5282015Revenue 2016: $130,840Expenses 2016: $318,948Net Income 2016: -$188,1082016Revenue 2020: $265,108Expenses 2020: $231,028Net Income 2020: $34,0802020Revenue 2021: $351,419Expenses 2021: $228,345Net Income 2021: $123,0742021Revenue 2023: $232,277Expenses 2023: $299,768Net Income 2023: -$67,4912023Revenue 2024: $285,668Expenses 2024: $463,928Net Income 2024: -$178,2602024

Highlighted filing

2023

Revenue$232,277
Expenses$299,768
Net Income-$67,491
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 9, 2024
Return Version
2023v5.1
Gross Receipts
$794,373
Mission and Program Overview

Mission

Agnes mcdowell's farm was subdivided into five separate farms to be used to develop innovative farming techniques by local "young farmers"

Funds should be utilized for the benefit maintenance and improvement of voag classes taught at harrison co high school

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$5,307,081$6,778,738▲ $1,471,657
Land, Buildings, and Equipment, Net$3,387,328$4,951,905▲ $1,564,577
Investments in Publicly Traded Securities$1,821,019$1,773,957▼ $47,062
Cash and Non-Interest-Bearing Accounts$23,729$41,374▲ $17,645
Savings and Temporary Cash Investments$75,005$11,502▼ $63,503
Total Assets$5,307,081$6,778,738▲ $1,471,657
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,307,081$6,778,738▲ $1,471,657
Total Liabilities and Net Assets / Fund Balance$5,307,081$6,778,738▲ $1,471,657

Asset Categories

AssetBook ValueDepreciationBasis
Land$4,639,513-$2,795,478
Other Land Buildings$135,213$196,081$330,909
Equipment$97,426$203,209$300,635
Buildings$64,151$208,180$254,955
Leasehold Improvements$15,602$2,587-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
John R ArnoldTrusteePT$40,275$40,275
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$192,785
Investment Income
$29,927
Other Revenue
$9,565
Change in Net Assets
$-67,491
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$240,935
Grants and Similar Amounts Paid$30,000
Salaries, Compensation, and Employee Benefits$28,833
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$73,981--$73,981
Depreciation Depletion$33,430--$33,430
Grants to Domestic Orgs$30,000--$30,000
Current Officers, Directors, Trustees, and Key Employees$14,417$14,416-$28,833
Office Expenses-$22,003-$22,003
Insurance$21,875--$21,875
Other Expenses$8,402--$8,402
Fees for Service Investment Mgmnt Fees-$5,820-$5,820
Fees for Services Legal$2,901$2,902-$5,803
Fees for Services Accounting$1,212$1,221-$2,433
Total Functional Expenses$253,406$46,362$0$299,768
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
Annual disclosure for covered persons
No
Backup withholding compliance
No
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
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

Part VI Line 11B

The trustee will review prior to submission

Part VI Line 19

Documents are made available upon request

Part VI Line 11B

Form 990 is provided to Trustee for review before signature &

Part VI Line 1B

Governing documents,conflict of interest policy & financial

Part VI Line 19

There have been no conflicts of interests. All documents are made

part VI line19

available

Filing and Contact Details

Filer

Filer Name
Agnes Smith Mcdowell Trust
EIN
32-0186585
In Care Of
% JOHN R W Arnold
Phone
8594894832
Address
103 Court Street, CYNTHIANA, KY 41031
Doing Business As
103 Court Street

Signing Officer

Name
John R W Arnold
Title
Trustee
Phone
8594894832
Signed
2024-10-09

Organization Details

Principal Officer
John R Arnold
Formed
2006
Legal Domicile
Ky
Voting Board Members
1
Independent Board Members
1
Employees
0
Supplemental Narrative

Additional Explanations

Part IX Line 24E

Total expenses - $73981.00 Program service expenses - $73981.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00

Part I Line 1

The Trust contributes funds to the Harrison Co Bd of Education to

part 1 line1

help maintain &improve the Ag Ed Department in the school district

PartIV SecELineC

Agnes McDowell Trust contributes funds to Harrison Co Bd of Ed for

partIv line C

it's agricultural classes.

partVI line 11B

filing to IRS

partYV line 1B

statements are availabe upon written request to the public

Part IX Line 24E

All Other Functional Expenses

Feed line24e

1,055

Fertilizer ine24e

26,572

Soybeans line24e

14,766

Tobacco line24e

1,050

Admin/Miscline24e

10,321

Mowing line24e

40

Fuel line24e

11,006

Hay line24r

4,535

Vet line24e

752

Utilities line24e

3,246

Chemicals linr24e

8,346

Taxes line24e

538

Total Line24f

74,981

Part IV Line 11B

The document will be reviewed by thr Trustee prior to e-filing and

part IV line11b

for review before filing with the IRS.

Part IX Line 24E

See Schedule D Total Expenses ProgramExpense, Mgmt and general exp,

Raw XML Appendix397 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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IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02587
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt018189
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0135213
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0196081
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0385
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0330909
IRS990ScheduleD/Section170hRqrStsfdInd0false
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04951905
IRS990ScheduleD/WrittenPolicyMonitoringInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TRUSTEE WILL REVIEW PRIOR TO SUBMISSION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS ARE MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Total expenses - $73981.00 Program service expenses - $73981.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Trust contributes funds to the Harrison Co Bd of Education to
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4help maintain &improve the Ag Ed Department in the school district
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Agnes McDowell Trust contributes funds to Harrison Co Bd of Ed for
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6it's agricultural classes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Form 990 is provided to Trustee for review before signature &
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8filing to IRS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Governing documents,conflict of interest policy & financial
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10statements are availabe upon written request to the public
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11All Other Functional Expenses
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt121,055
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1326,572
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1414,766
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt151,050
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1610,321
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1740
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1811,006
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt194,535
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20752
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt213,246
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt228,346
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt23538
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2474,981
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt25The document will be reviewed by thr Trustee prior to e-filing and
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt26for review before filing with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt27There have been no conflicts of interests. All documents are made
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt28available
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt29See Schedule D Total Expenses ProgramExpense, Mgmt and general exp,
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part IX Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part I Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4part 1 line1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PartIV SecELineC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6partIv line c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Part VI Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8partVI line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Part VI Line 1b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10partYV line 1b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Part IX Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Feed line24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Fertilizer ine24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Soybeans line24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Tobacco line24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Admin/Miscline24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Mowing line24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Fuel line24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Hay line24r
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Vet line24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21Utilities line24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc22Chemicals linr24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc23Taxes line24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc24Total Line24f
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc25Part IV Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc26part iv line11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc27Part VI Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc28part vi line19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc29Part IX Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0KY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05307081
IRS990/TotalAssetsEOYAmt06778738
IRS990/TotalAssetsGrp/BOYAmt05307081
IRS990/TotalAssetsGrp/EOYAmt06778738
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt046362
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0253406
IRS990/TotalFunctionalExpensesGrp/TotalAmt0299768
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05307081
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06778738
IRS990/TotalProgramServiceExpensesAmt0253406
IRS990/TotalProgramServiceRevenueAmt0192785
IRS990/TotalReportableCompFromOrgAmt040275
IRS990/TotalRevenueGrp/ExclusionAmt086331
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0192785
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0232277
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05307081
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06778738
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0103 Court Street
IRS990/USAddress/CityNm0CYNTHIANA
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd041031
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0n/a
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN R W ARNOLD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Trustee
ReturnHeader/BusinessOfficerGrp/PhoneNum08594894832
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AGNES SMITH MCDOWELL TRUST
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0103 COURT STREET
ReturnHeader/Filer/BusinessNameControlTxt0AGNE
ReturnHeader/Filer/EIN0320186585
ReturnHeader/Filer/InCareOfNm0% JOHN R W Arnold
ReturnHeader/Filer/PhoneNum08594894832
ReturnHeader/Filer/USAddress/AddressLine1Txt0103 Court Street
ReturnHeader/Filer/USAddress/CityNm0CYNTHIANA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd041031
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/ReturnTs02024-10-09T13:05:43-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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