Civic Intelligence

Palestine Development Association

990EZ • Fiscal year 2015 • EIN 37-1398957

Jul 01, 2014 to Jun 30, 2015 • Filed on Oct 19, 2015

PO Box 101Palestine, IL 62451

(618) 586-2035

Siviq Scores

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

Liabilities / Assets

79th percentile

0.14x

Higher debt load relative to assets than 79% of similar nonprofits.

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

Liabilities / Revenue

94th percentile

0.68x

Higher debt load relative to revenue than 94% of similar nonprofits.

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

Net Margin

81st percentile

26%

Higher net margin than 81% of similar nonprofits.

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

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

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

Asset Growth

73rd percentile

23%

Faster asset growth than 73% of similar nonprofits.

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

Revenue Growth

69th percentile

16%

Faster revenue growth than 69% of similar nonprofits.

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

Assets

Up

$294,558

Up $54,792 (+23%) from 2014

Net Assets

Up

$254,424

Up $15,033 (+6.3%) from 2014

Liabilities

Up

$40,134

Up $39,759 (+10602%) from 2014

Revenue

Up

$58,710

Up $8,135 (+16%) from 2014

Expenses

Up

$43,677

Up $11,280 (+35%) from 2014

Net Income

Down

$15,033

Down $3,145 (-17%) from 2014

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $232,377Net Assets 2011: $232,3772011Assets 2012: $209,644Liabilities 2012: $1,295Net Assets 2012: $208,3492012Assets 2013: $221,213Net Assets 2013: $221,2132013Assets 2014: $239,766Liabilities 2014: $375Net Assets 2014: $239,3912014Assets 2015: $294,558Liabilities 2015: $40,134Net Assets 2015: $254,4242015Assets 2016: $298,233Liabilities 2016: $27,577Net Assets 2016: $270,6562016Assets 2017: $316,789Liabilities 2017: $16,520Net Assets 2017: $300,2692017Assets 2018: $349,975Liabilities 2018: $3,782Net Assets 2018: $346,1932018Assets 2019: $378,371Liabilities 2019: $1,250Net Assets 2019: $377,1212019Assets 2020: $374,063Liabilities 2020: $303Net Assets 2020: $373,7602020Assets 2021: $339,485Liabilities 2021: $1,280Net Assets 2021: $338,2052021Assets 2022: $278,427Liabilities 2022: $625Net Assets 2022: $277,8022022Assets 2023: $248,250Net Assets 2023: $248,2502023Assets 2024: $180,218Net Assets 2024: $180,2182024Assets 2025: $192,705Liabilities 2025: $0Net Assets 2025: $192,7052025

Highlighted filing

2015

Assets$294,558
Liabilities$40,134
Net Assets$254,424

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $91,223Expenses 2011: $28,945Net Income 2011: $62,2782011Revenue 2012: $51,133Expenses 2012: $74,981Net Income 2012: -$23,8482012Revenue 2013: $47,378Expenses 2013: $34,514Net Income 2013: $12,8642013Revenue 2014: $50,575Expenses 2014: $32,397Net Income 2014: $18,1782014Revenue 2015: $58,710Expenses 2015: $43,677Net Income 2015: $15,0332015Revenue 2016: $67,198Expenses 2016: $50,966Net Income 2016: $16,2322016Revenue 2017: $61,531Expenses 2017: $31,918Net Income 2017: $29,6132017Revenue 2018: $74,980Expenses 2018: $29,056Net Income 2018: $45,9242018Revenue 2019: $62,149Expenses 2019: $31,221Net Income 2019: $30,9282019Revenue 2020: $40,102Expenses 2020: $43,463Net Income 2020: -$3,3612020Revenue 2021: $20,774Expenses 2021: $56,329Net Income 2021: -$35,5552021Revenue 2022: -$30,992Expenses 2022: $26,110Net Income 2022: -$57,1022022Revenue 2023: $3,664Expenses 2023: $33,216Net Income 2023: -$29,5522023Revenue 2024: $65,327Expenses 2024: $133,359Net Income 2024: -$68,0322024Revenue 2025: $54,664Expenses 2025: $42,177Net Income 2025: $12,4872025

Highlighted filing

2015

Revenue$58,710
Expenses$43,677
Net Income$15,033
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Oct 19, 2015
Return Version
2014v5.0
Gross Receipts
$71,072
Mission and Program Overview

Mission

Assist, retain, recruit & promote commerce and industry in the palestine community.

Program Services

DescriptionGrantsExpenses
ARTIST RELOCATION PROJECT TO DISPLAY ARTIST WORKS.-$21,659
PROMOTIONAL ACTIVITIES FOR COMMERCE & INDUSTRY$11,875$20,548
REBUILD FORT LAMOTTE-$367
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CAROL MCGAHEYPresident-$0--
LARRY SURRELLSV President-$0--
SUE LOCKHARTSecretary-$0--
SUSAN GOODWINETreasurerPT$0--
JIM GOODWINEDirector-$0--
JIM ELLISDirector-$0--
NICOLE MARTINDirector-$0--
STEVE MCGAHEYDirector-$0--
JIM KINCAIDDirector-$0--
JOAN FULLINGDirector-$0--
JEFF BESINGDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Wine & Arts Fes$38,330$16,330$12,362$3,968
Total Events$38,330$16,330$12,362$3,968
Filing and Contact Details

Filer

Filer Name
Palestine Development Association
EIN
37-1398957
Address
PO BOX 101, PALESTINE, IL 62451

Signing Officer

Name
Susan Goodwine
Title
Treasurer
Signed
2015-10-19
Discuss with paid preparer
Yes

Preparer

Firm
Harold Mc Cormick CPA
Address
PO BOX 252, ROBINSON, IL 62454-0252
Preparer
Harold Mccormick
Phone
6185448611
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Gain on real estate taxes 4,088 miscellaneous 10 total 4,098

Form 990-ez, Part I, Line 10

Palestine chamber of commerce 103 s main street palestine, il 62451 10,100 0 0

Form 990-ez, Part I, Line 16

Art sales cost of goods sold 331 expenses advertising 1,001 bookkeeping supplies 160 post office box rental 58 state of illinois filing 25 chamber dues 25 miscellaneous 29 community marketing/devel 5,300 investment expenses 269 non-investment depreciation 4,118 total 11,316

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 0 157 buildings & equipment 140,381 202,890 less accumulated depreciation 25,235 30,755 bank building escrow 5,350 0 total 120,496 172,292

Form 990-ez, Part II, Line 26

Deferred revenue 375 807 mortgage and other notes payable 0 39,327

Form 990-ez, Part III

Assist, retain, recruit & promote commerce and industry in the palestine community.

Raw XML Appendix203 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum06185862035
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PALESTINE
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IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/NetAssetsOrFundBalancesEOYAmt0254424
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CAROL MCGAHEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LARRY SURRELLS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SUE LOCKHART
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3SUSAN GOODWINE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JIM GOODWINE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JIM ELLIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6NICOLE MARTIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7STEVE MCGAHEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8JIM KINCAID
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9JOAN FULLING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10JEFF BESING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1V PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0120496
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0172292
IRS990EZ/OtherExpensesTotalAmt011316
IRS990EZ/OtherRevenueTotalAmt04098
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0ASSIST, RETAIN, RECRUIT & PROMOTE COMMERCE AND INDUSTRY IN THE PALESTINE COMMUNITY.
IRS990EZ/ProgramServiceRevenueAmt027836
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROMOTIONAL ACTIVITIES FOR COMMERCE & INDUSTRY
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1ARTIST RELOCATION PROJECT TO DISPLAY ARTIST WORKS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2REBUILD FORT LAMOTTE
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt011875
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt020548
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt121659
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt2367
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt012362
IRS990EZ/SpecialEventsNetIncomeLossAmt03968
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0375
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt040134
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt043677
IRS990EZ/TotalProgramServiceExpensesAmt042574
IRS990EZ/TotalRevenueAmt058710
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 41,885 PROGRAM SERVICE REVENUE 53,840 FUNDRAISING EVENTS 5,225
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt034684
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt030346
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt081582
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0203227
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt08
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt030
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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt019026
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt019365
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt018311
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt011436
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0100950
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.60080
IRS990ScheduleA/PublicSupportPY170Pct00.59440
IRS990ScheduleA/PublicSupportTotal170Amt0183626
IRS990ScheduleA/SubstantialContributorsTotAmt019601
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt022800
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt030346
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt081582
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0203227
IRS990ScheduleA/TotalSupportAmt0305645
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt022000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt022000
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt012362
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0WINE & ARTS FES
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt038330
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt038330
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt016330
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt016330
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt03968
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt012362
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt012362
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GAIN ON REAL ESTATE TAXES 4,088 MISCELLANEOUS 10 TOTAL 4,098
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PALESTINE CHAMBER OF COMMERCE 103 S MAIN STREET PALESTINE, IL 62451 10,100 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ART SALES COST OF GOODS SOLD 331 EXPENSES ADVERTISING 1,001 BOOKKEEPING SUPPLIES 160 POST OFFICE BOX RENTAL 58 STATE OF ILLINOIS FILING 25 CHAMBER DUES 25 MISCELLANEOUS 29 COMMUNITY MARKETING/DEVEL 5,300 INVESTMENT EXPENSES 269 NON-INVESTMENT DEPRECIATION 4,118 TOTAL 11,316
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PREPAID EXPENSES AND DEFERRED CHARGES 0 157 BUILDINGS & EQUIPMENT 140,381 202,890 LESS ACCUMULATED DEPRECIATION 25,235 30,755 BANK BUILDING ESCROW 5,350 0 TOTAL 120,496 172,292
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DEFERRED REVENUE 375 807 MORTGAGE AND OTHER NOTES PAYABLE 0 39,327
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ASSIST, RETAIN, RECRUIT & PROMOTE COMMERCE AND INDUSTRY IN THE PALESTINE COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SUSAN GOODWINE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-10-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PALESTINE DEVELOPMENT ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0PALE
ReturnHeader/Filer/EIN0371398957
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 101
ReturnHeader/Filer/USAddress/CityNm0PALESTINE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd062451
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0371185157
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HAROLD MC CORMICK CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 252
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ROBINSON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0624540252
ReturnHeader/PreparerPersonGrp/PhoneNum06185448611
ReturnHeader/PreparerPersonGrp/PreparationDt02015-10-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HAROLD MCCORMICK
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02015-10-20T15:50:33-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.93$0.00$1.93$0.55$0.42$0.12
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.80$1.80$0.65$1.33$0.68
2023Detailed filing. Detailed filing data is available for this year.$2.48$2.48$0.04$0.33$0.30
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.78$0.01$2.78$0.31$0.26$0.57
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.39$0.01$3.38$0.21$0.56$0.36
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.74$0.00$3.74$0.40$0.43$0.03
2019Detailed filing. Detailed filing data is available for this year.$3.78$0.01$3.77$0.62$0.31$0.31
2018Detailed filing. Detailed filing data is available for this year.$3.50$0.04$3.46$0.75$0.29$0.46
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.17$0.17$3.00$0.62$0.32$0.30
2016Detailed filing. Detailed filing data is available for this year.$2.98$0.28$2.71$0.67$0.51$0.16
2015Detailed filing. Detailed filing data is available for this year.$2.95$0.40$2.54$0.59$0.44$0.15
2014Detailed filing. Detailed filing data is available for this year.$2.40$0.00$2.39$0.51$0.32$0.18
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.21$2.21$0.47$0.35$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.10$0.01$2.08$0.51$0.75$0.24
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.32$2.32$0.91$0.29$0.62