Civic Intelligence

Wessington Springs Area Development Corporation

990EZ • Fiscal year 2014 • EIN 46-0336659

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 11, 2015

Organization ProfileN/A
PO Box 132Wessington Springs, SD 57382

(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 2014

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2014

Net Margin

13th percentile

-25%

Higher net margin than 13% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

31st percentile

-7.7%

Faster asset growth than 31% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

18th percentile

-26%

Faster revenue growth than 18% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$78,973

Down $6,589 (-7.7%) from 2013

Net Assets

Down

$78,973

Down $6,589 (-7.7%) from 2013

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin13th percentile

Revenue

Down

$26,046

Down $9,022 (-26%) from 2013

Expenses

Down

$32,635

Down $8,713 (-21%) from 2013

Net Income

Down

-$6,589

Down $309 (-4.9%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth31st 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

2014

Assets$78,973
Liabilities-
Net Assets$78,973
Open 2014 Filing

Operations Trend

Revenue Growth18th 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

2014

Revenue$26,046
Expenses$32,635
Net Income-$6,589
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 11, 2015
Return Version
2014v5.0
Gross Receipts
$30,843
Mission and Program Overview

Mission

Promote economic development

Program Services

DescriptionGrantsExpenses
COMMUNITY SIGNS$2,150$1,664
COMMUNITY PRINT, RADIO, WEB & TV$65$1,429
TOURISM ADS & MEMBERSHIP-$1,019
ROOSTER RUSH & RENOVATION GRANT$787$685
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
QUINTEN BURGPresident-$0--
JASON ZACHERVice President-$0--
KARI FAGERHAUGSecretary-$0--
RYAN JENSENTreasurer-$0--
JON NIEMEYERDirector-$0--
MARK FUERSTDirector-$0--
METTE NESSDirector-$0--
Filing and Contact Details

Filer

Filer Name
Wessington Springs Area Development Corporation
EIN
46-0336659
Phone
6055391929
Address
PO BOX 132, WESSINGTON SPRINGS, SD 57382

Signing Officer

Name
Ryan Jensen
Title
Treasurer
Phone
6055391929
Signed
2015-08-11

Preparer

Firm
Jeff Sewall
Address
PO Box 112, Letcher, SD 57359
Preparer
Jeffrey R Sewall
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 8

“Busy bees daycare rent 1200. Historical postcard & cookbook 45.”

Form 990EZ, Part I, Line 16

“Insurance 1929. Office supplies 1239. Advertising 1038. Annual and board meetings 700. Conference registrations 659. Public relations 174. Travel & motels 1138. Wsarlf special funds account use 5350.”

Raw XML Appendix164 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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IRS990EZ/BooksInCareOfDetail/PersonNm0KIM BURG
IRS990EZ/BooksInCareOfDetail/PhoneNum06055391929
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 132
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WESSINGTON SPRINGS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SD
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd057382
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt036571
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt029982
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IRS990EZ/ContributionsGiftsGrantsEtcAmt016900
IRS990EZ/CostOfGoodsSoldAmt00
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IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-6589
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IRS990EZ/ForeignFinancialAccountInd0false
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IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt030843
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt01870
IRS990EZ/LandAndBuildingsGrp/BOYAmt048991
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt06351
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.50
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/PersonNm0QUINTEN BURG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JASON ZACHER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KARI FAGERHAUG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3RYAN JENSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JON NIEMEYER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MARK FUERST
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6METTE NESS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt012227
IRS990EZ/OtherRevenueTotalAmt01245
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTE ECONOMIC DEVELOPMENT
IRS990EZ/PrintingPublicationsPostageAmt0406
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0COMMUNITY PRINT, RADIO, WEB & TV
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1TOURISM ADS & MEMBERSHIP
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2COMMUNITY SIGNS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3ROOSTER RUSH & RENOVATION GRANT
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt065
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt12150
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt2787
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt01429
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt11019
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt21664
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt3685
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt017594
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt04797
IRS990EZ/SpecialEventsNetIncomeLossAmt0-320
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt032635
IRS990EZ/TotalProgramServiceExpensesAmt04797
IRS990EZ/TotalRevenueAmt026046
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt025476
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt034294
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt017083
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt023530
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt021616
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0121999
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt0121999
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt025476
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt034294
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt017083
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt023530
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt021616
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0121999
IRS990ScheduleA/TotalSupportAmt0121999
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 1200. HISTORICAL POSTCARD & COOKBOOK 45.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INSURANCE 1929. OFFICE SUPPLIES 1239. ADVERTISING 1038. ANNUAL AND BOARD MEETINGS 700. CONFERENCE REGISTRATIONS 659. PUBLIC RELATIONS 174. TRAVEL & MOTELS 1138. WSARLF SPECIAL FUNDS ACCOUNT USE 5350.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/PersonNm0RYAN JENSEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06055391929
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-08-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WESSINGTON SPRINGS AREA DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0WESS
ReturnHeader/Filer/EIN0460336659
ReturnHeader/Filer/PhoneNum06055391929
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 132
ReturnHeader/Filer/USAddress/CityNm0WESSINGTON SPRINGS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SD
ReturnHeader/Filer/USAddress/ZIPCd057382
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Jeff Sewall
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 112
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Letcher
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd057359
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY R SEWALL
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02015-08-11T20:40:50-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$78,973
Liabilities
-
Net assets
$78,973
Revenue
$26,046
Expenses
$32,635
Net income
-$6,589
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