Civic Intelligence

Dewitt County Development Council

990 • Fiscal year 2020 • EIN 32-0232345

May 01, 2019 to Apr 30, 2020 • Filed on Aug 12, 2020

PO Box 376Clinton, IL 61727

(217) 935-5271

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.00x

Higher debt load relative to assets than 53% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Higher debt load relative to revenue than 55% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

44th percentile

1.3%

Higher net margin than 44% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

44th percentile

0.1%

Faster asset growth than 44% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

20th percentile

-53%

Faster revenue growth than 20% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$265,512

Up $252 (+0.1%) from 2019

Net Assets

Up

$265,455

Up $428 (+0.2%) from 2019

Liabilities

Down

$57

Down $176 (-76%) from 2019

Revenue

Down

$32,658

Down $37,308 (-53%) from 2019

Expenses

Up

$32,230

Up $5,698 (+21%) from 2019

Net Income

Down

$428

Down $43,006 (-99%) from 2019

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2012: $212,552Liabilities 2012: $0Net Assets 2012: $212,5522012Assets 2013: $246,299Liabilities 2013: $0Net Assets 2013: $246,2992013Assets 2014: $204,538Liabilities 2014: $0Net Assets 2014: $204,5382014Assets 2015: $184,992Liabilities 2015: $0Net Assets 2015: $184,9922015Assets 2016: $149,475Liabilities 2016: $0Net Assets 2016: $149,4752016Assets 2017: $186,646Liabilities 2017: $0Net Assets 2017: $186,6462017Assets 2018: $221,811Liabilities 2018: $218Net Assets 2018: $221,5932018Assets 2019: $265,260Liabilities 2019: $233Net Assets 2019: $265,0272019Assets 2020: $265,512Liabilities 2020: $57Net Assets 2020: $265,4552020Assets 2021: $256,295Liabilities 2021: $0Net Assets 2021: $256,2952021Assets 2022: $249,344Liabilities 2022: $943Net Assets 2022: $248,4012022Assets 2023: $223,247Liabilities 2023: $626Net Assets 2023: $222,6212023Assets 2025: $208,710Liabilities 2025: $1,673Net Assets 2025: $207,0372025

Highlighted filing

2020

Assets$265,512
Liabilities$57
Net Assets$265,455

Operations Trend

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

$150K$100K$50K$0-$50KExpenses 2012: $92,3862012Expenses 2013: $93,4852013Revenue 2014: $61,784Expenses 2014: $103,545Net Income 2014: -$41,7612014Revenue 2015: $104,415Expenses 2015: $123,961Net Income 2015: -$19,5462015Revenue 2016: $93,196Expenses 2016: $128,713Net Income 2016: -$35,5172016Revenue 2017: $56,180Expenses 2017: $19,976Net Income 2017: $36,2042017Revenue 2018: $60,803Expenses 2018: $25,856Net Income 2018: $34,9472018Revenue 2019: $69,966Expenses 2019: $26,532Net Income 2019: $43,4342019Revenue 2020: $32,658Expenses 2020: $32,230Net Income 2020: $4282020Revenue 2021: $33,810Expenses 2021: $42,970Net Income 2021: -$9,1602021Revenue 2022: $31,212Expenses 2022: $39,106Net Income 2022: -$7,8942022Revenue 2023: $32,200Expenses 2023: $57,980Net Income 2023: -$25,7802023Revenue 2025: $45,776Expenses 2025: $79,640Net Income 2025: -$33,8642025

Highlighted filing

2020

Revenue$32,658
Expenses$32,230
Net Income$428
Jump To
Filing Snapshot
Filing Period
May 1, 2019 to Apr 30, 2020
Signed
Aug 12, 2020
Return Version
2019v5.0
Gross Receipts
$32,658
Mission and Program Overview

Mission

To encourage, foster, promote, aid and stimulate economic development in DeWitt County, Illinois through the retention, expansion and attraction of industrial and commercial business.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$232,494$238,925▲ $6,431
Other Notes and Loans Receivable, Net$26,736$20,527▼ $6,209
Savings and Temporary Cash Investments$6,030$6,060▲ $30
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$265,260$265,512▲ $252
Other Assets Total-$0-
Liabilities
Other Liabilities$233$57▼ $176
Total Liabilities$233$57▼ $176
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$154,077$154,505▲ $428
Net Assets With Donor Restrictions$110,950$110,950→ $0
Total Net Assets Fund Balance$265,027$265,455▲ $428
Total Liabilities and Net Assets / Fund Balance$265,260$265,512▲ $252

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$3,891$3,891
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Elizabeth FoulksExecutive DirectorPT$7,394$7,394

Board Members and Trustees

NameTitle
David TorbertPresident
Curt HomannVice President
Brett NaumanDirector
Jay PetersonDirector
Jay WickenhauserDirector
Josh ShofnerDirector
Kyle MartinDirector
Roger CyrulikDirector
Scott BaumDirector
Terry FergusonDirector
Marian BrisardSecretary
Lance WhiteTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$31,597
Program Service Revenue
$340
Investment Income
$721
Other Revenue
$0
All Other Contributions
$31,597
Change in Net Assets
$428
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$14,252
Grants and Similar Amounts Paid$10,000
Salaries, Compensation, and Employee Benefits$7,978
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$8,000--$8,000
Current Officers, Directors, Trustees, and Key Employees$5,915$1,479-$7,394
Advertising$5,358$1,340-$6,698
Insurance$1,927$482-$2,409
Grants to Domestic Orgs$2,000--$2,000
Conferences and Meetings$892$223-$1,115
Travel$838$209-$1,047
Fees for Services Accounting$824$206-$1,030
Payroll Taxes$467$117-$584
Other Expenses$119$30-$149
Fees for Services Other$88$22-$110
Fees for Services Management-$109-$109
Office Expenses$50$13-$63
Total Functional Expenses$27,696$4,534$0$32,230
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$57
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

David torbert and scott baum have a family relationship and had a business relationship.

Form 990, Part VI, Line 11B: Form 990 Review Process

The organization's form 990 review process consists of being submitted to the executive committee for review and comment prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The organization reviews any disclosed information on an annual basis and/or as a new board member is appointed/voted in.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Disclosure of governing documents, policies and financial statements are made upon request.

Filing and Contact Details

Filer

Filer Name
Dewitt County Development Council
EIN
32-0232345
Phone
2179355271
Address
PO BOX 376, CLINTON, IL 61727

Signing Officer

Name
Lance White
Title
Treasurer
Signed
2020-08-12
Discuss with paid preparer
Yes

Organization Details

Formed
2008
Legal Domicile
Il
Voting Board Members
12
Independent Board Members
12
Employees
1
Volunteers
2

Preparer

Firm
Floyd & Associates Cpas
Address
910 STATE HWY 54 E, CLINTON, IL 61727
Preparer
Patricia Good
Phone
2179358871
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IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0154077
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0154505
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt013
IRS990/OfficeExpensesGrp/ProgramServicesAmt050
IRS990/OfficeExpensesGrp/TotalAmt063
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0TELEPHONE
IRS990/OtherExpensesGrp/Desc1Postage and Shipping
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0304
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt130
IRS990/OtherExpensesGrp/ProgramServicesAmt01218
IRS990/OtherExpensesGrp/ProgramServicesAmt1119
IRS990/OtherExpensesGrp/TotalAmt01522
IRS990/OtherExpensesGrp/TotalAmt1149
IRS990/OtherLiabilitiesGrp/BOYAmt0233
IRS990/OtherLiabilitiesGrp/EOYAmt057
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt026736
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt020527
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0117
IRS990/PayrollTaxesGrp/ProgramServicesAmt0467
IRS990/PayrollTaxesGrp/TotalAmt0584
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0LEADERS BREAKFAST
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0340
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0340
IRS990/ProgSrvcAccomActy2Grp/Desc0MARKETED THE COUNTY TO DEVELOPERS AND ENTREPRENEURS VIA CONFERENCES, EXPOS, LUNCHEONS, WEBSITES, SOCIAL MEDIA, PHONE CALLS, EMAILS AND MEETINGS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt010386
IRS990/ProgSrvcAccomActy2Grp/GrantAmt04000
IRS990/ProgSrvcAccomActy3Grp/Desc0OFFERED RESOURCES FOR BUSINESSES SUCH AS DCDC REVOLVING LOAN FUND (RLF) DESIGNED TO PROVIDE GAP FINANCING FOR EXISTING OR START-UP BUSINESSES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt06924
IRS990/ProgSrvcAccomActy3Grp/GrantAmt02000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt068000
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt08000
IRS990/PYInvestmentIncomeAmt01306
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt010201
IRS990/PYProgramServiceRevenueAmt0660
IRS990/PYRevenuesLessExpensesAmt043434
IRS990/PYSalariesCompEmpBnftPaidAmt08331
IRS990/PYTotalExpensesAmt026532
IRS990/PYTotalRevenueAmt069966
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0428
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06030
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06060
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt031597
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt068000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt056165
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt057340
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt090350
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0303452
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0721
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01306
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02848
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02540
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02596
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt010011
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0340
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0660
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01790
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0250
IRS990ScheduleA/OtherIncome170Grp/TotalAmt03040
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.95880
IRS990ScheduleA/PublicSupportPY170Pct00.95770
IRS990ScheduleA/PublicSupportTotal170Amt0303452
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt031597
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt068000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt056165
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt057340
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt090350
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0303452
IRS990ScheduleA/TotalSupportAmt0316503
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03891
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03891
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt057
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES PAYABLE
IRS990ScheduleD/TotalLiabilityAmt057
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt08000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0ECONOMIC DEVELOPMENT
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt02
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DAVID TORBERT AND SCOTT BAUM HAVE A FAMILY RELATIONSHIP AND HAD A BUSINESS RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S FORM 990 REVIEW PROCESS CONSISTS OF BEING SUBMITTED TO THE EXECUTIVE COMMITTEE FOR REVIEW AND COMMENT PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION REVIEWS ANY DISCLOSED INFORMATION ON AN ANNUAL BASIS AND/OR AS A NEW BOARD MEMBER IS APPOINTED/VOTED IN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DISCLOSURE OF GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE MADE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.09$0.02$2.07$0.46$0.80$0.34
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.23$0.01$2.23$0.32$0.58$0.26
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.49$0.01$2.48$0.31$0.39$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.56$0.00$2.56$0.34$0.43$0.09
2020Detailed filing. Detailed filing data is available for this year.$2.66$0.00$2.65$0.33$0.32$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.65$0.00$2.65$0.70$0.27$0.43
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.22$0.00$2.22$0.61$0.26$0.35
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.87$0.00$1.87$0.56$0.20$0.36
2016Detailed filing. Detailed filing data is available for this year.$1.49$0.00$1.49$0.93$1.29$0.36
2015Detailed filing. Detailed filing data is available for this year.$1.85$0.00$1.85$1.04$1.24$0.20
2014Detailed filing. Detailed filing data is available for this year.$2.05$0.00$2.05$0.62$1.04$0.42
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.46$0.00$2.46$0.93
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.13$0.00$2.13$0.92