Civic Intelligence

Lemmon Area Charitable and Economic Development Corporation

990 • Fiscal year 2019 • EIN 36-3983577

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 12, 2020

100 3rd Street WestLemmon, SD 57638

(605) 374-5699

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

Higher debt load relative to assets than 19% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

23rd percentile

0.01x

Higher debt load relative to revenue than 23% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

3rd percentile

-100%

Higher net margin than 3% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

43rd percentile

$41,400

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 30.6% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

10th percentile

-12%

Faster asset growth than 10% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

5th percentile

-51%

Faster revenue growth than 5% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$1,164,853

Down $161,943 (-12%) from 2018

Net Assets

Down

$1,163,513

Down $135,224 (-10%) from 2018

Liabilities

Down

$1,340

Down $26,719 (-95%) from 2018

Revenue

Down

$135,346

Down $139,865 (-51%) from 2018

Expenses

Up

$270,570

Up $48,017 (+22%) from 2018

Net Income

Down

-$135,224

Down $187,882 (-357%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $1,146,945Liabilities 2010: $1,583Net Assets 2010: $1,145,3622010Assets 2011: $1,126,087Liabilities 2011: $1,539Net Assets 2011: $1,124,5482011Assets 2012: $1,166,822Liabilities 2012: $1,993Net Assets 2012: $1,164,8292012Assets 2013: $1,430,225Liabilities 2013: $121,681Net Assets 2013: $1,308,5442013Assets 2015: $1,312,995Liabilities 2015: $8,929Net Assets 2015: $1,304,0662015Assets 2016: $1,437,797Liabilities 2016: $20,311Net Assets 2016: $1,417,4862016Assets 2017: $1,424,674Liabilities 2017: $2,453Net Assets 2017: $1,422,2212017Assets 2018: $1,326,796Liabilities 2018: $28,059Net Assets 2018: $1,298,7372018Assets 2019: $1,164,853Liabilities 2019: $1,340Net Assets 2019: $1,163,5132019Assets 2020: $1,109,721Liabilities 2020: $1,126Net Assets 2020: $1,108,5952020Assets 2021: $1,191,759Liabilities 2021: $975Net Assets 2021: $1,190,7842021Assets 2022: $1,123,909Liabilities 2022: $2,179Net Assets 2022: $1,121,7302022Assets 2023: $1,099,497Liabilities 2023: $1,629Net Assets 2023: $1,097,8682023Assets 2024: $1,070,207Liabilities 2024: $2,511Net Assets 2024: $1,067,6962024

Highlighted filing

2019

Assets$1,164,853
Liabilities$1,340
Net Assets$1,163,513

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $118,3322010Expenses 2011: $110,5292011Expenses 2012: $91,0282012Revenue 2013: $273,589Expenses 2013: $129,874Net Income 2013: $143,7152013Revenue 2015: $194,319Expenses 2015: $70,368Net Income 2015: $123,9512015Revenue 2016: $297,711Expenses 2016: $184,291Net Income 2016: $113,4202016Revenue 2017: $203,407Expenses 2017: $198,672Net Income 2017: $4,7352017Revenue 2018: $275,211Expenses 2018: $222,553Net Income 2018: $52,6582018Revenue 2019: $135,346Expenses 2019: $270,570Net Income 2019: -$135,2242019Revenue 2020: $146,176Expenses 2020: $201,094Net Income 2020: -$54,9182020Revenue 2021: $524,299Expenses 2021: $442,110Net Income 2021: $82,1892021Revenue 2022: $153,216Expenses 2022: $222,270Net Income 2022: -$69,0542022Revenue 2023: $191,816Expenses 2023: $215,678Net Income 2023: -$23,8622023Revenue 2024: $276,018Expenses 2024: $306,190Net Income 2024: -$30,1722024

Highlighted filing

2019

Revenue$135,346
Expenses$270,570
Net Income-$135,224
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 12, 2020
Return Version
2019v5.0
Gross Receipts
$433,394
Mission and Program Overview

Mission

Assist in raising the economic welfare, education, and social levels of low income residents, economic growth and development, and the presevation of historic character of lemmon, sd and perkins county.

Assist in raising the economic and social welfare of low-income residents, education, economic growth and developement, and the preservation of historic character of lemmon, sd and perkins county, sd.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$758,009$725,257▼ $32,752
Cash and Non-Interest-Bearing Accounts$63,296$125,685▲ $62,389
Savings and Temporary Cash Investments$62,553$62,552▼ $1
Accounts Receivable-$187-
Other Notes and Loans Receivable, Net-$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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,326,796$1,164,853▼ $161,943
Other Assets Total$442,938$251,172▼ $191,766
Liabilities
Unsecured Notes Loans Payable$23,689--
Accounts Payable and Accrued Expenses$4,370$1,340▼ $3,030
Total Liabilities$28,059$1,340▼ $26,719
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,298,737$1,163,513▼ $135,224
Total Net Assets Fund Balance$1,298,737$1,163,513▼ $135,224
Total Liabilities and Net Assets / Fund Balance$1,326,796$1,164,853▼ $161,943

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$581,246$187,370$768,616
Other Land Buildings$129,261$106,733$235,994
Land$14,750-$14,750
Other Assets Org$72,491--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
David JohnsonExecutive DirectorFT$41,400$41,400

Board Members and Trustees

NameTitle
Garrett SchweitzerPresident
Ryan KohnVice President
John LopezDirector
Lyndsey WheelerDirector
Shane HulmSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$224,466
Program Service Revenue
$42,221
Investment Income
$-124,898
Other Revenue
$-6,443
All Other Contributions
$163,689
Change in Net Assets
$-135,224
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$131,905
Salaries, Compensation, and Employee Benefits$71,522
Grants and Similar Amounts Paid$67,143
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$62,043--$62,043
Current Officers, Directors, Trustees, and Key Employees$41,400--$41,400
Depreciation Depletion$34,422--$34,422
Occupancy$21,491--$21,491
Other Salaries and Wages$19,670--$19,670
Insurance$13,473--$13,473
Payroll Taxes$10,452--$10,452
All Other Expenses$7,605--$7,605
Grants to Domestic Orgs$5,100--$5,100
Advertising$3,499--$3,499
Other Expenses$3,084--$3,084
Fees for Services Accounting$1,986--$1,986
Interest$1,289--$1,289
Fees for Services Legal$380--$380
Travel$205--$205
Fees for Services Other$60--$60
Total Functional Expenses$270,570$0$0$270,570
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
VariousLemmon, SD--$62,043
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

No review was or will be conducted.

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

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Lemmon Area Charitable and
EIN
36-3983577
Phone
6053745699
Address
100 3RD STREET WEST, LEMMON, SD 57638

Signing Officer

Name
David Johnson
Title
Executive Director
Signed
2020-11-12
Discuss with paid preparer
Yes

Organization Details

Formed
1994
Legal Domicile
Sd
Voting Board Members
6
Independent Board Members
0
Employees
0

Preparer

Firm
Mueller & Associates CPA LLC
Address
106 Main Ave, Lemmon, SD 57638
Preparer
Rosemary Mueller
Phone
6053743388
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IRS990/PYInvestmentIncomeAmt0467
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0141325
IRS990/PYOtherRevenueAmt0-16624
IRS990/PYProgramServiceRevenueAmt049854
IRS990/PYRevenuesLessExpensesAmt052658
IRS990/PYSalariesCompEmpBnftPaidAmt063154
IRS990/PYTotalExpensesAmt0222553
IRS990/PYTotalRevenueAmt0275211
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-135224
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-6608
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt042221
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt062553
IRS990/SavingsAndTempCashInvstGrp/EOYAmt062552
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt024466
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0296573
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0224605
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0300167
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0111322
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0957133
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0243
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0467
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0297
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01037
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0639
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02683
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0243
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0467
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0297
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01037
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0639
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02683
IRS990ScheduleA/InvestmentIncomeCYPct00.00280
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99720
IRS990ScheduleA/PublicSupportPY509Pct00.98960
IRS990ScheduleA/PublicSupportTotal509Amt0957133
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt024466
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0296573
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0224605
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0300167
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0111322
IRS990ScheduleA/Total509Grp/TotalAmt0957133
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt024709
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0297040
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0224902
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0301204
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0111961
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0959816
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/BuildingsGrp/BookValueAmt0581246
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0187370
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0768616
IRS990ScheduleD/LandGrp/BookValueAmt014750
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt014750
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0178681
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt172491
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ECONOMIC DEVELOPMENT PROPERTY
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1INVESTMENT IN CORGANI
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0129261
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0106733
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0235994
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0725257
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0251172
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt062043
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0VARIOUS
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt04TH AVE WEST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0LEMMON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0SD
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd057638
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01326796
IRS990/TotalAssetsEOYAmt01164853
IRS990/TotalAssetsGrp/BOYAmt01326796
IRS990/TotalAssetsGrp/EOYAmt01164853
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0224466
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0270570
IRS990/TotalFunctionalExpensesGrp/TotalAmt0270570
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt028059
IRS990/TotalLiabilitiesEOYAmt01340
IRS990/TotalLiabilitiesGrp/BOYAmt028059
IRS990/TotalLiabilitiesGrp/EOYAmt01340
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01298737
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01163513
IRS990/TotalProgramServiceExpensesAmt0270570
IRS990/TotalProgramServiceRevenueAmt042221
IRS990/TotalReportableCompFromOrgAmt041400
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-89120

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.00$1.07$0.28$0.31$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$0.00$1.10$0.19$0.22$0.02
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.00$1.12$0.15$0.22$0.07
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.19$0.00$1.19$0.52$0.44$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.11$0.00$1.11$0.15$0.20$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.16$0.00$1.16$0.14$0.27$0.14
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.33$0.03$1.30$0.28$0.22$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.42$0.00$1.42$0.20$0.20$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.44$0.02$1.42$0.30$0.18$0.11
2015Detailed filing. Detailed filing data is available for this year.$1.31$0.01$1.30$0.19$0.07$0.12
2013Detailed filing. Detailed filing data is available for this year.$1.43$0.12$1.31$0.27$0.13$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.00$1.16$0.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.00$1.12$0.11
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.15$0.00$1.15$0.12