Civic Intelligence

Pike County Progress Partners Inc.

990 • Fiscal year 2019 • EIN 46-1291334

Jan 01, 2019 to Dec 31, 2019 • Filed on Jan 11, 2021

Organization ProfileN/A
PO Box 204Petersburg, IN 47567

(812) 354-2271

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

98th percentile

94%

Higher net margin than 98% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

96th percentile

284%

Faster asset growth than 96% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

93rd percentile

109%

Faster revenue growth than 93% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$313,977

Up $232,224 (+284%) from 2018

Net Assets

Up

$313,977

Up $232,224 (+284%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin98th percentile

Revenue

Up

$246,045

Up $128,323 (+109%) from 2018

Expenses

Down

$13,820

Down $79,877 (-85%) from 2018

Net Income

Up

$232,225

Up $208,200 (+867%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

$3.0M$2.0M$1.0M$0Assets 2018: $81,753Liabilities 2018: $0Net Assets 2018: $81,7532018Assets 2019: $313,977Liabilities 2019: $0Net Assets 2019: $313,9772019Assets 2020: $1,988,761Liabilities 2020: $59,940Net Assets 2020: $1,928,8212020Assets 2021: $2,817,897Liabilities 2021: $250Net Assets 2021: $2,817,6472021Assets 2022: $2,956,082Liabilities 2022: $0Net Assets 2022: $2,956,0822022Assets 2023: $2,772,676Liabilities 2023: $0Net Assets 2023: $2,772,6762023Assets 2024: $2,703,586Liabilities 2024: $0Net Assets 2024: $2,703,5862024

Highlighted filing

2019

Assets$313,977
Liabilities$0
Net Assets$313,977
Open 2019 Filing

Operations Trend

Revenue Growth93rd percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2018: $117,722Expenses 2018: $93,697Net Income 2018: $24,0252018Revenue 2019: $246,045Expenses 2019: $13,820Net Income 2019: $232,2252019Revenue 2020: $1,565,211Expenses 2020: $1,888Net Income 2020: $1,563,3232020Revenue 2021: $1,121,599Expenses 2021: $232,772Net Income 2021: $888,8272021Revenue 2022: $259,972Expenses 2022: $121,537Net Income 2022: $138,4352022Revenue 2023: $254,685Expenses 2023: $438,091Net Income 2023: -$183,4062023Revenue 2024: $124,149Expenses 2024: $193,239Net Income 2024: -$69,0902024

Highlighted filing

2019

Revenue$246,045
Expenses$13,820
Net Income$232,225
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jan 11, 2021
Return Version
2019v5.0
Gross Receipts
$256,045
Mission and Program Overview

Mission

Expand economic growth and development in pike county

Expand economic growth & development in pike county

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$39,652$263,170▲ $223,518
Accounts Receivable$40,000--
Land, Buildings, and Equipment, Net$2,100--
Total Assets$81,752$365,498▲ $283,746
Other Assets Total-$102,328-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$81,752$365,498▲ $283,746
Total Net Assets Fund Balance$81,752$365,498▲ $283,746
Total Liabilities and Net Assets / Fund Balance$81,752$365,498▲ $283,746

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$102,328--
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Rc KlipschPresident
Mark Flint1st Vice Pre
John Mandabach2nd Vice Pre
Ashley WillisExecutive Di
Jeff NelsonMarketing Ch
Jon CraigPast Preside
Jim GaskinsSecretary
Joe DedmanTech Center
Dennis BishopTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$256,045
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$242,225
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$13,820
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$624--$624
Advertising$277--$277
Fees for Services Accounting$250--$250
Other Expenses$2,601$68-$68
Total Functional Expenses$13,752$68$0$13,820
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Pike County Progress Partners Inc
EIN
46-1291334
Phone
8123542271
Address
PO BOX 204, PETERSBURG, IN 47567

Signing Officer

Name
Dennis Bishop
Title
Treasurer
Phone
8123542271
Signed
2021-01-11

Organization Details

Principal Officer
Ashley Willis
Formed
2015
Voting Board Members
7
Independent Board Members
0
Employees
0

Preparer

Firm
Mbj Accounting LLC
Address
2532 N LEXINGTON DR, VINCENNES, IN 47591
Preparer
Mackenzie B Jones CPA
Phone
8128818176
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item B

“Financial audit with adjustments performed after return was filed.”

Form 990, Page 2, Part III, Line 4D

“To promote existing business and expand economic development in pike county, in”

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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$313,977
Liabilities
$0
Net assets
$313,977
Revenue
$246,045
Expenses
$13,820
Net income
$232,225
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.70$0.00$2.70$0.12$0.19$0.07
2023Detailed filing. Detailed filing data is available for this year.$2.77$0.00$2.77$0.25$0.44$0.18
2022Detailed filing. Detailed filing data is available for this year.$2.96$0.00$2.96$0.26$0.12$0.14
2021Detailed filing. Detailed filing data is available for this year.$2.82$0.00$2.82$1.12$0.23$0.89
2020Detailed filing. Detailed filing data is available for this year.$1.99$0.06$1.93$1.57$0.00$1.56
2019Detailed filing. Detailed filing data is available for this year.$0.31$0.00$0.31$0.25$0.01$0.23
2018Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.12$0.09$0.02