Civic Intelligence

Perry County Economic Development Authority

990 • Fiscal year 2018 • EIN 45-3047546

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 29, 2019

112 W Ste Maries Suite 5Perryville, MO 63775

(573) 547-1097

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.06x

Higher debt load relative to assets than 73% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

69th percentile

0.03x

Higher debt load relative to revenue than 69% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Net Margin

45th percentile

1.1%

Higher net margin than 45% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Top Officer Pay

97th percentile

$73,314

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 22.9% of source-year revenue.

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Asset Growth

58th percentile

4.5%

Faster asset growth than 58% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

34th percentile

-7.9%

Faster revenue growth than 34% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$143,567

Up $6,198 (+4.5%) from 2017

Net Assets

Up

$134,247

Up $3,439 (+2.6%) from 2017

Liabilities

Up

$9,320

Up $2,759 (+42%) from 2017

Revenue

Down

$319,879

Down $27,603 (-7.9%) from 2017

Expenses

Up

$316,440

Up $265 (+0.1%) from 2017

Net Income

Down

$3,439

Down $27,868 (-89%) from 2017

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2012: $96,848Liabilities 2012: $2,350Net Assets 2012: $94,4982012Assets 2013: $103,815Liabilities 2013: $6,690Net Assets 2013: $97,1252013Assets 2014: $68,414Liabilities 2014: $7,176Net Assets 2014: $61,2382014Assets 2015: $87,059Liabilities 2015: $7,439Net Assets 2015: $79,6202015Assets 2016: $108,152Liabilities 2016: $8,651Net Assets 2016: $99,5012016Assets 2017: $137,369Liabilities 2017: $6,561Net Assets 2017: $130,8082017Assets 2018: $143,567Liabilities 2018: $9,320Net Assets 2018: $134,2472018Assets 2019: $174,900Liabilities 2019: $13,794Net Assets 2019: $161,1062019Assets 2020: $233,041Liabilities 2020: $17,266Net Assets 2020: $215,7752020Assets 2021: $369,631Liabilities 2021: $25,743Net Assets 2021: $343,8882021Assets 2022: $372,597Liabilities 2022: $20,791Net Assets 2022: $351,8062022Assets 2023: $313,466Liabilities 2023: $80,324Net Assets 2023: $233,1422023Assets 2024: $159,624Liabilities 2024: $51,745Net Assets 2024: $107,8792024

Highlighted filing

2018

Assets$143,567
Liabilities$9,320
Net Assets$134,247

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2012: $152,4532012Revenue 2013: $155,518Expenses 2013: $152,891Net Income 2013: $2,6272013Revenue 2014: $154,482Expenses 2014: $190,369Net Income 2014: -$35,8872014Revenue 2015: $209,539Expenses 2015: $191,157Net Income 2015: $18,3822015Revenue 2016: $240,251Expenses 2016: $220,370Net Income 2016: $19,8812016Revenue 2017: $347,482Expenses 2017: $316,175Net Income 2017: $31,3072017Revenue 2018: $319,879Expenses 2018: $316,440Net Income 2018: $3,4392018Revenue 2019: $395,152Expenses 2019: $368,293Net Income 2019: $26,8592019Revenue 2020: $400,688Expenses 2020: $346,019Net Income 2020: $54,6692020Revenue 2021: $725,406Expenses 2021: $597,293Net Income 2021: $128,1132021Revenue 2022: $494,165Expenses 2022: $486,247Net Income 2022: $7,9182022Revenue 2023: $593,276Expenses 2023: $711,940Net Income 2023: -$118,6642023Revenue 2024: $578,662Expenses 2024: $703,925Net Income 2024: -$125,2632024

Highlighted filing

2018

Revenue$319,879
Expenses$316,440
Net Income$3,439
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 29, 2019
Return Version
2018v3.1
Gross Receipts
$368,641
Mission and Program Overview

Mission

Industry and business development

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$126,628$128,401▲ $1,773
Prepaid Expenses and Deferred Charges$5,866$12,604▲ $6,738
Land, Buildings, and Equipment, Net$4,875$2,562▼ $2,313
Total Assets$137,369$143,567▲ $6,198
Liabilities
Accounts Payable and Accrued Expenses$6,561$9,320▲ $2,759
Total Liabilities$6,561$9,320▲ $2,759
Net Assets / Fund Balance
Temporarily Rstr Net Assets$94,834$94,834→ $0
Unrestricted Net Assets$35,974$39,413▲ $3,439
Total Net Assets Fund Balance$130,808$134,247▲ $3,439
Total Liabilities and Net Assets / Fund Balance$137,369$143,567▲ $6,198

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,562$16,419$18,981
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Scott SattlerExecutive DiFT$71,179$2,135$73,314

Board Members and Trustees

NameTitle
Kim MoorePresident
Carl LeuckelDirector
Craig BrewerDirector
Ken BaerDirector
Patrick NaegerDirector
Tom GuthSecretary
Jay WengertTreasurer
Frank RobinsonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$306,445
Program Service Revenue
$6,996
Investment Income
$26
Other Revenue
$6,412
All Other Contributions
$36,859
Change in Net Assets
$3,439

Audited Revenue Reconciliation

Revenue per Audited Statements
$319,879
Total Revenue per Audited Statements
$319,879
Total Revenue per Form 990
$319,879
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$110,368
Salaries, Compensation, and Employee Benefits$104,572
Grants and Similar Amounts Paid$101,500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$101,500--$101,500
Current Officers, Directors, Trustees, and Key Employees$65,983$7,331-$73,314
Fees for Services Management$42,000--$42,000
Other Salaries and Wages$20,743$2,305-$23,048
Advertising$17,353--$17,353
Travel$13,345$765-$14,110
Occupancy$6,480$720-$7,200
Payroll Taxes$6,422$714-$7,136
Insurance$5,021$558-$5,579
Office Expenses$3,837$623-$4,460
Conferences and Meetings$3,822$166-$3,988
Information Technology$3,044$339-$3,383
Depreciation Depletion$2,624$291-$2,915
Fees for Services Accounting-$2,575-$2,575
Other Employee Benefits$567$63-$630
Pension Plan Contributions$400$44-$444
Other Expenses$178$104-$282
All Other Expenses-$122-$122
Total Functional Expenses$297,831$18,609$0$316,440

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$316,440
Total Expenses per Audited Statements$316,440
Total Expenses per Form 990$316,440
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ranken Technical CollegeSt Louis, MO501c3Personnel Support$100,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$54,981
Fundraising Direct Expenses$48,762
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Bikers on the S$32,548$32,548$12,089$20,459
Downtown Revita$19,427$19,427$6,231$13,196
Total Events$51,975$51,975$46,303$5,672
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-DirectorRent ExpenseNo$7,200
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 11B

Form was reviewed by the executive director prior to filing.

Form 990, Page 6, Part VI, Line 12C

Communication at monthly board meetings. Individual with possible conflict refrains from any decision making (do not vote) responsibility regarding the subject.

Form 990, Page 6, Part VI, Line 15A

Compensation for all employees is annually approved by the board.

Form 990, Page 6, Part VI, Line 15B

Compensation for all employees is annually approved by the board.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Perry County Economic Development
EIN
45-3047546
Phone
5735471097
Address
112 W STE MARIES SUITE 5, PERRYVILLE, MO 63775

Signing Officer

Name
Scott Sattler
Title
Executive Director
Phone
5735471097
Signed
2019-04-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Sattler
Formed
2011
Legal Domicile
Mo
Voting Board Members
8
Independent Board Members
7
Employees
2

Preparer

Firm
Stanley Dirnberger Hopper & Assoc LLC
Address
1441 N MOUNT AUBURN RD, CAPE GIRARDEAU, MO 63701-2171
Preparer
Patrick W Kintner
Phone
5733343343
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt019427
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt032548
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0RANKEN TECHNICAL COLLEGE
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0DIRECTOR
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0RENT EXPENSE
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0THE AUTHORITY RENTS OFFICE SPACE OWNED BY THE LAW OFFICE OF KIM MOORE. KIM MOORE IS A DIRECTOR FOR THE AUTHORITY.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM WAS REVIEWED BY THE EXECUTIVE DIRECTOR PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMMUNICATION AT MONTHLY BOARD MEETINGS. INDIVIDUAL WITH POSSIBLE CONFLICT REFRAINS FROM ANY DECISION MAKING (DO NOT VOTE) RESPONSIBILITY REGARDING THE SUBJECT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION FOR ALL EMPLOYEES IS ANNUALLY APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION FOR ALL EMPLOYEES IS ANNUALLY APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABLE UPON REQUEST.
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0297831
IRS990/TotalFunctionalExpensesGrp/TotalAmt0316440
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06561
IRS990/TotalLiabilitiesEOYAmt09320
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IRS990/TotalOtherCompensationAmt02135
IRS990/TotalProgramServiceExpensesAmt0297831
IRS990/TotalProgramServiceRevenueAmt06996
IRS990/TotalReportableCompFromOrgAmt071179
IRS990/TotalRevenueGrp/ExclusionAmt0219
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06996
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IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0137369
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IRS990/TravelGrp/ProgramServicesAmt013345
IRS990/TravelGrp/TotalAmt014110
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt035974
IRS990/UnrestrictedNetAssetsGrp/EOYAmt039413
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0112 W STE MARIES SUITE 5
IRS990/USAddress/CityNm0PERRYVILLE
IRS990/USAddress/StateAbbreviationCd0MO
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IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.PERRYCOUNTYMO.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SCOTT SATTLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05735471097
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-04-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PERRY COUNTY ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0AUTHORITY
ReturnHeader/Filer/BusinessNameControlTxt0PERR
ReturnHeader/Filer/EIN0453047546
ReturnHeader/Filer/PhoneNum05735471097
ReturnHeader/Filer/USAddress/AddressLine1Txt0112 W STE MARIES SUITE 5
ReturnHeader/Filer/USAddress/CityNm0PERRYVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MO
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ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0A93CCF212698FBF34FFB9F60EAB0764FA3238756
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0BEF891742F65C4F7A76F4FCF6BA5C29A6CB99CED
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt047.47.29.6
ReturnHeader/FilingSecurityInformation/IPDt02019-05-10

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