Civic Intelligence

West Central Nebraska Development District Inc

990 • Fiscal year 2015 • EIN 47-0560023

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 31, 2016

333 E 2nd StreetOgallala, NE 69153-0599

(308) 284-6077

Siviq Scores

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

Liabilities / Assets

84th percentile

0.53x

Higher debt load relative to assets than 84% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

90th percentile

1.13x

Higher debt load relative to revenue than 90% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

48th percentile

2.4%

Higher net margin than 48% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

13th percentile

-13%

Faster asset growth than 13% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

34th percentile

-3.8%

Faster revenue growth than 34% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$849,429

Down $128,716 (-13%) from 2014

Net Assets

Up

$399,119

Up $9,629 (+2.5%) from 2014

Liabilities

Down

$450,310

Down $138,345 (-24%) from 2014

Revenue

Down

$397,123

Down $15,865 (-3.8%) from 2014

Expenses

Down

$387,494

Down $44,909 (-10%) from 2014

Net Income

Up

$9,629

Up $29,044 (+150%) from 2014

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,617,383Liabilities 2011: $1,092,361Net Assets 2011: $525,0222011Assets 2012: $1,317,336Liabilities 2012: $775,884Net Assets 2012: $541,4522012Assets 2013: $1,102,262Liabilities 2013: $693,357Net Assets 2013: $408,9052013Assets 2014: $978,145Liabilities 2014: $588,655Net Assets 2014: $389,4902014Assets 2015: $849,429Liabilities 2015: $450,310Net Assets 2015: $399,1192015Assets 2016: $679,082Liabilities 2016: $315,413Net Assets 2016: $363,6692016Assets 2017: $747,851Liabilities 2017: $302,718Net Assets 2017: $445,1332017Assets 2018: $757,698Liabilities 2018: $284,484Net Assets 2018: $473,2142018Assets 2019: $771,271Liabilities 2019: $287,281Net Assets 2019: $483,9902019Assets 2020: $812,789Liabilities 2020: $271,726Net Assets 2020: $541,0632020Assets 2021: $985,211Liabilities 2021: $163,721Net Assets 2021: $821,4902021Assets 2022: $921,782Liabilities 2022: $167,663Net Assets 2022: $754,1192022Assets 2023: $1,315,847Liabilities 2023: $225,858Net Assets 2023: $1,089,9892023

Highlighted filing

2015

Assets$849,429
Liabilities$450,310
Net Assets$399,119

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $679,314Expenses 2011: $645,176Net Income 2011: $34,1382011Revenue 2012: $722,887Expenses 2012: $706,457Net Income 2012: $16,4302012Revenue 2013: $401,271Expenses 2013: $533,818Net Income 2013: -$132,5472013Revenue 2014: $412,988Expenses 2014: $432,403Net Income 2014: -$19,4152014Revenue 2015: $397,123Expenses 2015: $387,494Net Income 2015: $9,6292015Revenue 2016: $355,150Expenses 2016: $390,600Net Income 2016: -$35,4502016Revenue 2017: $459,583Expenses 2017: $378,119Net Income 2017: $81,4642017Revenue 2018: $402,974Expenses 2018: $376,310Net Income 2018: $26,6642018Revenue 2019: $387,890Expenses 2019: $377,114Net Income 2019: $10,7762019Revenue 2020: $446,024Expenses 2020: $388,951Net Income 2020: $57,0732020Revenue 2021: $1,042,516Expenses 2021: $762,089Net Income 2021: $280,4272021Revenue 2022: $776,680Expenses 2022: $844,051Net Income 2022: -$67,3712022Revenue 2023: $854,674Expenses 2023: $518,804Net Income 2023: $335,8702023

Highlighted filing

2015

Revenue$397,123
Expenses$387,494
Net Income$9,629
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 31, 2016
Return Version
2014v6.0
Gross Receipts
$397,123
Mission and Program Overview

Mission

Assistance to local governments in an eighteen county region with projects which are more economically done on a joint basis.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$311,762$303,704▼ $8,058
Cash and Non-Interest-Bearing Accounts$265,954$262,596▼ $3,358
Other Notes and Loans Receivable, Net$368,565$261,355▼ $107,210
Accounts Receivable$31,864$21,774▼ $10,090
Total Assets$978,145$849,429▼ $128,716
Liabilities
Mortgage Notes Payable Secured by Investment Property$479,047$355,998▼ $123,049
Deferred Revenue$54,625$49,810▼ $4,815
Other Liabilities$39,547$30,009▼ $9,538
Accounts Payable and Accrued Expenses$15,436$14,493▼ $943
Total Liabilities$588,655$450,310▼ $138,345
Net Assets / Fund Balance
Temporarily Rstr Net Assets$456,780$463,012▲ $6,232
Unrestricted Net Assets$-67,290$-63,893▲ $3,397
Total Net Assets Fund Balance$389,490$399,119▲ $9,629
Total Liabilities and Net Assets / Fund Balance$978,145$849,429▼ $128,716

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$272,954$41,296$314,250
Equipment$0$46,102$46,102
Land$30,750-$30,750
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mike TuttleChairman
Dana HarrisV/chair
Ashley Rice-gerlachExe Comm
Doug SchultzExe Comm
Frank FleeceExe Comm
Jason TullerExe Comm
Todd RoeExe Comm
Bob SestekSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$70,061
Program Service Revenue
$307,175
Investment Income
$471
Other Revenue
$19,416
Change in Net Assets
$9,629

Audited Revenue Reconciliation

Revenue per Audited Statements
$397,123
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$4,274
Total Revenue per Audited Statements
$401,397
Total Revenue per Form 990
$397,123
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$257,390
Other Expenses$130,104
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$159,923$72,367-$232,290
Office Expenses$36,998$394-$37,392
Occupancy$18,292$2,295-$20,587
Interest$19,009$131-$19,140
Payroll Taxes$12,163$5,372-$17,535
Travel$11,607$455-$12,062
Depreciation Depletion-$8,058-$8,058
Other Employee Benefits$7,318$247-$7,565
Fees for Services Accounting$6,350$450-$6,800
Insurance$5,200$1,448-$6,648
Fees for Services Legal$4,200$585-$4,785
Other Expenses$2,560$400-$2,960
Fees for Services Other$1,675--$1,675
Advertising$220$370-$590
Total Functional Expenses$294,349$93,145$0$387,494

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$391,768
Expenses per Audited Statements$387,494
Total Expenses per Form 990$387,494
Expenses Not Reported on Form 990$4,274
Expenses Not Reported on Financial Statements$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Oor Loan Forgiveness$30,009
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
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, Part VI, Section B, line 11

The organization's tax return is reviewed and signed by the executive director who then reports the information to the board of directors.

Form 990, Part VI, Section B, line 12C

Board members are directed to sign west central nebraska development district, inc. Conflict of interest forms and they are addressed at the annual meeting.

Form 990, Part VI, Section C, line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the general public upon request.

Filing and Contact Details

Filer

Filer Name
West Central Nebraska Development District Inc
EIN
47-0560023
Phone
3082846077
Address
333 E 2ND STREET, OGALLALA, NE 69153-0599

Signing Officer

Name
Karl Elmshaeuser
Title
Executive Director
Phone
3082846077
Signed
2016-01-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karl Elmshaeuser
Formed
1980
Legal Domicile
Ne
Voting Board Members
8
Independent Board Members
8
Employees
10
Volunteers
0

Preparer

Firm
Dana F Cole & Company Llp
Address
315 N DEWEY SUITE 219 PO BOX 70, NORTH PLATTE, NE 69101
Preparer
Harry Branting
Phone
3085341860
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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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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt05354
IRS990/ProgSrvcAccomActy3Grp/Desc0EDA, SBA, AND USDA TECHNICAL ASSISTANCE - HELP LOCAL GOVERNMENTS ADMINISTER GOVERNMENT GRANTS. EDUCATION PROGRAMS
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0149604
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0137393
IRS990/ProgSrvcAccomActyOtherGrp/Desc0GOVERNMENT LOAN PROGRAMS - ADMINISTER LOANS TO HELP SMALL BUSINESSES
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt070550
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0556
IRS990/PYOtherExpensesAmt0156904
IRS990/PYOtherRevenueAmt022304
IRS990/PYProgramServiceRevenueAmt0319578
IRS990/PYRevenuesLessExpensesAmt0-19415
IRS990/PYSalariesCompEmpBnftPaidAmt0275499
IRS990/PYTotalExpensesAmt0432403
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0412988
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt09629
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt019416
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0157519
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt070061
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt070550
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt073400
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt073892
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt070643
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0358546
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0471
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0556
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0719
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01219
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01588
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04553
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt075809
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt012232
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt018927
IRS990ScheduleA/OtherIncome170Grp/TotalAmt031159
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98530
IRS990ScheduleA/PublicSupportPY170Pct00.99030
IRS990ScheduleA/PublicSupportTotal170Amt02395495
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt0271189
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt0290315
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt0327152
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt0647776
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt0500517
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt02036949
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0341250
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0360865
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0400552
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0721668
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0571160
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02395495
IRS990ScheduleA/TotalSupportAmt02431207
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0272954
IRS990ScheduleD/BuildingsGrp/DepreciationAmt041296
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0314250
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt04274
IRS990ScheduleD/DonatedServicesUseFcltsAmt04274
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt046102
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt046102
IRS990ScheduleD/ExpensesNotReportedAmt04274
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0387494
IRS990ScheduleD/LandGrp/BookValueAmt030750
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt030750
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt030009
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED OOR LOAN FORGIVENESS
IRS990ScheduleD/RevenueNotReportedAmt04274
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0397123
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0303704
IRS990ScheduleD/TotalExpensesPerForm990Amt0387494
IRS990ScheduleD/TotalLiabilityAmt030009
IRS990ScheduleD/TotalRevenuePerForm990Amt0397123
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0401397
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0391768
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S TAX RETURN IS REVIEWED AND SIGNED BY THE EXECUTIVE DIRECTOR WHO THEN REPORTS THE INFORMATION TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS ARE DIRECTED TO SIGN WEST CENTRAL NEBRASKA DEVELOPMENT DISTRICT, INC. CONFLICT OF INTEREST FORMS AND THEY ARE ADDRESSED AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0456780
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0463012
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0978145
IRS990/TotalAssetsEOYAmt0849429
IRS990/TotalAssetsGrp/BOYAmt0978145
IRS990/TotalAssetsGrp/EOYAmt0849429
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt070061
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt093145
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0294349
IRS990/TotalFunctionalExpensesGrp/TotalAmt0387494
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0588655
IRS990/TotalLiabilitiesEOYAmt0450310
IRS990/TotalLiabilitiesGrp/BOYAmt0588655
IRS990/TotalLiabilitiesGrp/EOYAmt0450310
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0389490
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0399119
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt057012
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt057012
IRS990/TotalProgramServiceExpensesAmt0294349
IRS990/TotalProgramServiceRevenueAmt0307175
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0471
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0326591
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0397123
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0978145
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0849429

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