Civic Intelligence

Wessington Springs Area Development Corporation

990EZ • Fiscal year 2013 • EIN 46-0336659

Jan 01, 2013 to Dec 31, 2013 • Filed on Aug 06, 2014

Organization ProfileN/A
PO Box 13257382

(605) 539-1929

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

17th percentile

-18%

Higher net margin than 17% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

23rd percentile

-16%

Faster asset growth than 23% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

6th percentile

-60%

Faster revenue growth than 6% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$85,562

Down $16,017 (-16%) from 2012

Net Assets

Down

$85,562

Down $16,017 (-16%) from 2012

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin17th percentile

Revenue

Down

$35,068

Down $51,597 (-60%) from 2012

Expenses

Down

$41,348

Down $53,871 (-57%) from 2012

Net Income

Up

-$6,280

Up $2,274 (+27%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth23rd percentile

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

$400K$300K$200K$100K$0Assets 2010: $97,069Liabilities 2010: $02010Assets 2011: $110,133Liabilities 2011: $02011Assets 2012: $101,579Net Assets 2012: $101,5792012Assets 2013: $85,562Net Assets 2013: $85,5622013Assets 2014: $78,973Net Assets 2014: $78,9732014Assets 2015: $28,980Liabilities 2015: $02015Assets 2016: $40,629Liabilities 2016: $02016Assets 2017: $52,923Liabilities 2017: $02017Assets 2018: $60,328Liabilities 2018: $02018Assets 2019: $194,886Liabilities 2019: $02019Assets 2020: $354,662Liabilities 2020: $0Net Assets 2020: $354,6622020Assets 2021: $75,787Liabilities 2021: $400Net Assets 2021: $75,3872021Assets 2022: $63,826Liabilities 2022: $0Net Assets 2022: $63,8262022Assets 2023: $81,038Liabilities 2023: $0Net Assets 2023: $81,0382023

Highlighted filing

2013

Assets$85,562
Liabilities-
Net Assets$85,562
Open 2013 Filing

Operations Trend

Revenue Growth6th percentile

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

$300K$200K$100K$0-$100KRevenue 2010: $117,040Expenses 2010: $116,095Net Income 2010: $9452010Revenue 2011: $130,829Expenses 2011: $117,766Net Income 2011: $13,0632011Revenue 2012: $86,665Expenses 2012: $95,219Net Income 2012: -$8,5542012Revenue 2013: $35,068Expenses 2013: $41,348Net Income 2013: -$6,2802013Revenue 2014: $26,046Expenses 2014: $32,635Net Income 2014: -$6,5892014Revenue 2015: -$534Expenses 2015: $49,459Net Income 2015: -$49,9932015Revenue 2016: $32,095Expenses 2016: $20,446Net Income 2016: $11,6492016Revenue 2017: $33,653Expenses 2017: $20,954Net Income 2017: $12,6992017Revenue 2018: $22,264Expenses 2018: $14,859Net Income 2018: $7,4052018Revenue 2019: $170,266Expenses 2019: $35,708Net Income 2019: $134,5582019Revenue 2020: $215,136Expenses 2020: $81,471Net Income 2020: $133,6652020Revenue 2021: $118,641Expenses 2021: $130,881Net Income 2021: -$12,2402021Revenue 2022: $50,547Expenses 2022: $62,108Net Income 2022: -$11,5612022Revenue 2023: $43,966Expenses 2023: $27,237Net Income 2023: $16,7292023

Highlighted filing

2013

Revenue$35,068
Expenses$41,348
Net Income-$6,280
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Aug 6, 2014
Return Version
2013v3.1
Gross Receipts
$41,341
Mission and Program Overview

Mission

Promote economic development

Program Services

DescriptionGrantsExpenses
TOURISM ADS & MEMBERSHIP-$1,129
COMMUNITY PRINT, RADIO, WEB & TV-$847
DAY AT LEGISLATURE-$501
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KATHY VOORHEESDirector-$0--
QUINTEN BURGPresident-$0--
KARI FAGERHAUGSecretary-$0--
RYAN JENSENTreasurer-$0--
LARRY GREFFVice-President-$0--
MARK FUERSTDirector-$0--
METTE NESSDirector-$0--
Filing and Contact Details

Filer

EIN
46-0336659
Phone
6055391929

Signing Officer

Name
Patsy Sorben
Title
Treasurer
Phone
6055391929
Signed
2014-08-06

Preparer

Preparer
Richard B Alt
Phone
6054954224
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 8

“Busy bees daycare rent 1100. Insurance adjustment 59.”

Form 990EZ, Part I, Line 10

“Purchase led sign for town & computer improvement none 12176.”

Form 990EZ, Part I, Line 16

“Insurance 1736. Office supplies 1442. Travel & motels 532. Public relations 194. Conference registrations 461. Advertising 847. Annual board meetings 242. Crafts & education nutrition busy bees project expenses 1500. Property maintenance 2907.”

Form 990EZ, Part I, Line 20

“To correct error from prior years -9737.”

Raw XML Appendix170 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0KIM BURG
IRS990EZ/BooksInCareOfDetail/PhoneNum06055391929
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine10PO BOX 132
IRS990EZ/BooksInCareOfDetail/USAddress/City0WESSINGTON SPRINGS
IRS990EZ/BooksInCareOfDetail/USAddress/State0SD
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode057382
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt046270
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt036571
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt034235
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-6280
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0712
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0101579
IRS990EZ/Form990TotalAssetsGrp/EOYAmt085562
IRS990EZ/FundraisingGrossIncomeAmt03471
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt012176
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt041341
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt02476
IRS990EZ/LandAndBuildingsGrp/BOYAmt048991
IRS990EZ/LandAndBuildingsGrp/EOYAmt048991
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0101579
IRS990EZ/NetAssetsOrFundBalancesEOYAmt085562
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0101579
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt085562
IRS990EZ/OccupancyRentUtltsAndMaintAmt01753
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KATHY VOORHEES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1QUINTEN BURG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KARI FAGERHAUG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3RYAN JENSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4LARRY GREFF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MARK FUERST
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6METTE NESS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VICE-PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0true
IRS990EZ/OrganizationHadUBIInd0true
IRS990EZ/OtherAssetsTotalDetail/BOYAmt06318
IRS990EZ/OtherChangesInNetAssetsAmt0-9737
IRS990EZ/OtherExpensesTotalAmt09861
IRS990EZ/OtherRevenueTotalAmt01159
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTE ECONOMIC DEVELOPMENT
IRS990EZ/PrintingPublicationsPostageAmt0370
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0COMMUNITY PRINT, RADIO, WEB & TV
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1TOURISM ADS & MEMBERSHIP
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2DAY AT LEGISLATURE
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0847
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt11129
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt2501
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt016476
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt06273
IRS990EZ/SpecialEventsNetIncomeLossAmt0-2802
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt041348
IRS990EZ/TotalProgramServiceExpensesAmt02477
IRS990EZ/TotalRevenueAmt035068
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt034294
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt017083
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt023530
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt021616
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt024442
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0120965
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0120965
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt034294
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt017083
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt023530
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt021616
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt024442
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0120965
IRS990ScheduleA/TotalSupportAmt0120965
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BUSY BEES DAYCARE RENT 1100. INSURANCE ADJUSTMENT 59.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PURCHASE LED SIGN FOR TOWN & COMPUTER IMPROVEMENT NONE 12176.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INSURANCE 1736. OFFICE SUPPLIES 1442. TRAVEL & MOTELS 532. PUBLIC RELATIONS 194. CONFERENCE REGISTRATIONS 461. ADVERTISING 847. ANNUAL BOARD MEETINGS 242. CRAFTS & EDUCATION NUTRITION BUSY BEES PROJECT EXPENSES 1500. PROPERTY MAINTENANCE 2907.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO CORRECT ERROR FROM PRIOR YEARS -9737.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 20
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/PersonNm0PATSY SORBEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06055391929
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-08-06
ReturnHeader/Filer/BusinessName/BusinessNameLine10WESSINGTON SPRINGS AREA DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0WESS
ReturnHeader/Filer/EIN0460336659
ReturnHeader/Filer/PhoneNum06055391929
ReturnHeader/Filer/USAddress/AddressLine10PO BOX 132
ReturnHeader/Filer/USAddress/City0WESSINGTON SPRINGS
ReturnHeader/Filer/USAddress/State0SD
ReturnHeader/Filer/USAddress/ZIPCode057382
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10RICHARD B ALT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1023128 408TH AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0ARTESIAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0SD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0573146326
ReturnHeader/PreparerPersonGrp/PhoneNum06054954224
ReturnHeader/PreparerPersonGrp/PreparationDt02014-08-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD B ALT
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02014-08-11T08:13:39-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$85,562
Liabilities
-
Net assets
$85,562
Revenue
$35,068
Expenses
$41,348
Net income
-$6,280
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.81$0.00$0.81$0.44$0.27$0.17
2022Detailed filing. Detailed filing data is available for this year.$0.64$0.00$0.64$0.51$0.62$0.12
2021Detailed filing. Detailed filing data is available for this year.$0.76$0.00$0.75$1.19$1.31$0.12
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.55$0.00$3.55$2.15$0.81$1.34
2019Summary only. Only limited summary data is available for this year.$1.95$0.00$1.70$0.36$1.35
2018Summary only. Only limited summary data is available for this year.$0.60$0.00$0.22$0.15$0.07
2017Summary only. Only limited summary data is available for this year.$0.53$0.00$0.34$0.21$0.13
2016Summary only. Only limited summary data is available for this year.$0.41$0.00$0.32$0.20$0.12
2015Summary only. Only limited summary data is available for this year.$0.29$0.00$0.01$0.49$0.50
2014Detailed filing. Detailed filing data is available for this year.$0.79$0.79$0.26$0.33$0.07
2013Detailed filing. Detailed filing data is available for this year.$0.86$0.86$0.35$0.41$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$1.02$0.87$0.95$0.09
2011Summary only. Only limited summary data is available for this year.$1.10$0.00$1.31$1.18$0.13
2010Summary only. Only limited summary data is available for this year.$0.97$0.00$1.17$1.16$0.01