Civic Intelligence

Logan County Economic Development Partnership

990EZ • Fiscal year 2021 • EIN 37-1405869

Jan 01, 2021 to Dec 31, 2021 • Filed on Apr 19, 2022

114 SW Arch StAtlanta, IL 61723-7521

(217) 648-5077

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.18x

Higher debt load relative to assets than 82% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

79th percentile

0.10x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

42nd percentile

3.5%

Higher net margin than 42% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

92nd percentile

$50,000

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 64.3% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Assets

Down

$41,851

Down $27,364 (-40%) from 2013

Net Assets

Down

$34,211

Down $34,331 (-50%) from 2013

Liabilities

Up

$7,640

Up $6,967 (+1035%) from 2013

Revenue

Down

$77,775

Down $24,472 (-24%) from 2013

Expenses

Down

$75,083

Down $28,087 (-27%) from 2013

Net Income

Up

$2,692

Up $3,615 (+392%) from 2013

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2012: $73,209Liabilities 2012: $3,744Net Assets 2012: $69,4652012Assets 2013: $69,215Liabilities 2013: $673Net Assets 2013: $68,5422013Assets 2021: $41,851Liabilities 2021: $7,640Net Assets 2021: $34,2112021Assets 2022: $39,621Liabilities 2022: $5,825Net Assets 2022: $33,7962022Assets 2023: $42,787Liabilities 2023: $5,935Net Assets 2023: $36,8522023Assets 2024: $43,374Liabilities 2024: $6,094Net Assets 2024: $37,2802024

Highlighted filing

2021

Assets$41,851
Liabilities$7,640
Net Assets$34,211

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2012: $99,248Expenses 2012: $75,324Net Income 2012: $23,9242012Revenue 2013: $102,247Expenses 2013: $103,170Net Income 2013: -$9232013Revenue 2021: $77,775Expenses 2021: $75,083Net Income 2021: $2,6922021Revenue 2022: $77,198Expenses 2022: $71,788Net Income 2022: $5,4102022Revenue 2023: $74,900Expenses 2023: $71,844Net Income 2023: $3,0562023Revenue 2024: $71,699Expenses 2024: $71,271Net Income 2024: $4282024

Highlighted filing

2021

Revenue$77,775
Expenses$75,083
Net Income$2,692
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 19, 2022
Return Version
2021v4.0
Gross Receipts
$77,775
Mission and Program Overview

Mission

Over 30,000 people in Logan County benefited from the economic and community development activities of the Logan County Economic Development Partnership

Over30,000peopleinLoganCountybenefitedfromtheeconomicandcommunitydevelopmentactivitiesoftheLoganCountyEconomicDevelopmentPartnership

Program Services

DescriptionGrantsExpenses
TheLCEDPprovidesstrategicadviceandassistancetocurrentbusinessesinLoganCounty,aswellasworkingwithpotentialnewbusinessesconsideringlocatingtothearea.$0$32,434
TheLCEDPprovidesassistanceandstrategicadvicetothecommunitiesinLoganCounty,focusingonhelpingthemlearnhowtheycansetupprocesses programstoimprovetheirownlocaleconomies.$0$0
TheLCEDPworkswithareacommunitycollegesandotherentitiestoassistwithworkforcedevelopment.$0$0
No grants received.$0-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
-Executive DirectorFT$50,000-$50,000
-Secretary TreasurerPT$14,000-$14,000
-President-$0--
-Director-$0--
-Director-$0--
-Director-$0--
Filing and Contact Details

Filer

Filer Name
Logan County Economic Development Partnership
EIN
37-1405869
In Care Of
% Bill Thomas
Address
114 SW ARCH ST, ATLANTA, IL 61723-7521

Signing Officer

Name
Dale Colaw
Title
President
Signed
2022-04-19
Supplemental Narrative

Additional Explanations

Part I, line 16

| Other Expenses:, Amount:| Part 1 - Line 16 - Dues-$50 Telephone-$1044 Office Supplies Expenses-$329 Insurance-$1686.10 Annual Reports-$3205 Uncategorized Exp-$10.05 Computer software-$1315.71, $7640|

Part II, line 24

| Explanation:, BOYAmount:, EOYAmount:| No Other Assets, $0, $0|

Part II, line 26

| Explanation:, BOYAmount:, EOYAmount:| Google Apps:$720 Staff Expenses-$50 Telephone-$929 Office Supplies-$275 Computers-$796 Annual Reports-$125 Unclassified expenses-$25 insurance-$1677, $4618, $7640|

Raw XML Appendix182 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Other Expenses:, Amount:| Part 1 - Line 16 - Dues-$50 Telephone-$1044 Office Supplies Expenses-$329 Insurance-$1686.10 Annual Reports-$3205 Uncategorized Exp-$10.05 Computer software-$1315.71, $7640|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Explanation:, BOYAmount:, EOYAmount:| No Other Assets, $0, $0|
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Dale Colaw
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-04-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LOGAN COUNTY ECONOMIC DEVELOPMENT PARTNERSHIP
ReturnHeader/Filer/BusinessNameControlTxt0LOGA
ReturnHeader/Filer/EIN0371405869
ReturnHeader/Filer/ForeignPhoneNum02176425077
ReturnHeader/Filer/InCareOfNm0% Bill Thomas
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ReturnHeader/Filer/USAddress/CityNm0ATLANTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd0617237521
ReturnHeader/ReturnTs02022-04-19T09:30:40-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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