Civic Intelligence

West Central Inc.

990 • Fiscal year 2022 • EIN 47-0632368

Jul 01, 2021 to Jun 30, 2022 • Filed on May 09, 2023

PO Box 922Mccook, NE 69001-0922

(308) 364-2591

Siviq Scores

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

Liabilities / Assets

98th percentile

1.84x

Higher debt load relative to assets than 98% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

97th percentile

3.66x

Higher debt load relative to revenue than 97% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

66th percentile

17%

Higher net margin than 66% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

54th percentile

3.9%

Faster asset growth than 54% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

57th percentile

14%

Faster revenue growth than 57% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$540,368

Up $20,522 (+3.9%) from 2021

Net Assets

Up

-$455,431

Up $45,491 (+9.1%) from 2021

Liabilities

Down

$995,799

Down $24,969 (-2.4%) from 2021

Revenue

Up

$272,282

Up $33,897 (+14%) from 2021

Expenses

Up

$226,791

Up $10,264 (+4.7%) from 2021

Net Income

Up

$45,491

Up $23,633 (+108%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500K-$1.0MAssets 2011: $835,966Liabilities 2011: $1,154,252Net Assets 2011: -$318,2862011Assets 2012: $812,748Liabilities 2012: $1,141,689Net Assets 2012: -$328,9412012Assets 2013: $782,060Liabilities 2013: $1,134,368Net Assets 2013: -$352,3082013Assets 2014: $729,722Liabilities 2014: $1,116,435Net Assets 2014: -$386,7132014Assets 2015: $662,661Liabilities 2015: $1,102,339Net Assets 2015: -$439,6782015Assets 2016: $602,472Liabilities 2016: $1,098,779Net Assets 2016: -$496,3072016Assets 2017: $541,489Liabilities 2017: $1,087,756Net Assets 2017: -$546,2672017Assets 2018: $527,927Liabilities 2018: $1,072,757Net Assets 2018: -$544,8302018Assets 2019: $509,102Liabilities 2019: $1,048,704Net Assets 2019: -$539,6022019Assets 2020: $507,189Liabilities 2020: $1,029,969Net Assets 2020: -$522,7802020Assets 2021: $519,846Liabilities 2021: $1,020,768Net Assets 2021: -$500,9222021Assets 2022: $540,368Liabilities 2022: $995,799Net Assets 2022: -$455,4312022Assets 2023: $569,576Liabilities 2023: $989,527Net Assets 2023: -$419,9512023Assets 2024: $578,391Liabilities 2024: $967,753Net Assets 2024: -$389,3622024

Highlighted filing

2022

Assets$540,368
Liabilities$995,799
Net Assets-$455,431

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $255,891Expenses 2011: $269,284Net Income 2011: -$13,3932011Revenue 2012: $258,598Expenses 2012: $269,253Net Income 2012: -$10,6552012Revenue 2013: $252,748Expenses 2013: $276,115Net Income 2013: -$23,3672013Revenue 2014: $242,685Expenses 2014: $277,090Net Income 2014: -$34,4052014Revenue 2015: $226,599Expenses 2015: $279,564Net Income 2015: -$52,9652015Revenue 2016: $220,450Expenses 2016: $277,079Net Income 2016: -$56,6292016Revenue 2017: $220,094Expenses 2017: $270,054Net Income 2017: -$49,9602017Revenue 2018: $244,938Expenses 2018: $243,501Net Income 2018: $1,4372018Revenue 2019: $246,647Expenses 2019: $241,419Net Income 2019: $5,2282019Revenue 2020: $236,795Expenses 2020: $219,973Net Income 2020: $16,8222020Revenue 2021: $238,385Expenses 2021: $216,527Net Income 2021: $21,8582021Revenue 2022: $272,282Expenses 2022: $226,791Net Income 2022: $45,4912022Revenue 2023: $271,531Expenses 2023: $236,051Net Income 2023: $35,4802023Revenue 2024: $270,680Expenses 2024: $240,091Net Income 2024: $30,5892024

Highlighted filing

2022

Revenue$272,282
Expenses$226,791
Net Income$45,491
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 9, 2023
Return Version
2021v4.0
Gross Receipts
$272,282
Mission and Program Overview

Mission

Provide housing for developmentally disabled individuals

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$278,735$289,552▲ $10,817
Land, Buildings, and Equipment, Net$176,653$182,489▲ $5,836
Cash and Non-Interest-Bearing Accounts$9,641$17,614▲ $7,973
Prepaid Expenses and Deferred Charges$5,769$5,856▲ $87
Accounts Receivable$2,316$187▼ $2,129
Total Assets$519,846$540,368▲ $20,522
Other Assets Total$46,732$44,670▼ $2,062
Liabilities
Mortgage Notes Payable Secured by Investment Property$989,183$969,073▼ $20,110
Accounts Payable and Accrued Expenses$21,712$17,356▼ $4,356
Other Liabilities$9,772$9,369▼ $403
Deferred Revenue$101$1▼ $100
Total Liabilities$1,020,768$995,799▼ $24,969
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-500,922$-455,431▲ $45,491
Total Net Assets Fund Balance$-500,922$-455,431▲ $45,491
Total Liabilities and Net Assets / Fund Balance$519,846$540,368▲ $20,522

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$64,496$1,649,325$1,713,821
Land$107,534-$107,534
Equipment$10,459$93,126$103,585
Other Assets Org$44,670--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Linda BenjaminPresident
Barbara GrahamDirector
Bill MarshallDirector
Vickie PrillmanDirector
Steve AndersonSec/treas
Steve RasmussenVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$272,074
Investment Income
$208
Other Revenue
$0
Change in Net Assets
$45,491

Audited Revenue Reconciliation

Revenue per Audited Statements
$272,282
Total Revenue per Audited Statements
$272,282
Total Revenue per Form 990
$272,282
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$217,748
Salaries, Compensation, and Employee Benefits$9,043
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$63,505--$63,505
Insurance$31,458--$31,458
Fees for Services Other$27,317--$27,317
Depreciation Depletion$19,484--$19,484
Other Salaries and Wages$8,400--$8,400
Fees for Services Management-$6,716-$6,716
Fees for Services Accounting$468$5,680-$6,148
Other Expenses$2,166--$2,166
All Other Expenses$2,151--$2,151
Office Expenses$1,104--$1,104
Payroll Taxes$643--$643
Total Functional Expenses$214,395$12,396$0$226,791

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$226,791
Total Expenses per Audited Statements$226,791
Total Expenses per Form 990$226,791
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
Other Liabilities$9,369
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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

The form 990 is reviewed by the managing agent and then forwarded to the president of the board of directors who reviews the tax return and then signs it.

Form 990, Page 6, Part VI, Line 19

West central, inc makes its documents available to the public upon request.

Filing and Contact Details

Filer

Filer Name
West Central Inc
EIN
47-0632368
Phone
3083642591
Address
PO BOX 922, MCCOOK, NE 69001-0922

Signing Officer

Name
Linda Benjamin
Title
President
Phone
3083642591
Signed
2023-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Linda Benjamin
Formed
1980
Legal Domicile
Ne
Voting Board Members
6
Independent Board Members
6
Employees
1

Preparer

Firm
Dana F Cole & Company Llp
Address
PO BOX 70, NORTH PLATTE, NE 69103
Preparer
Kerry Gustafsson
Phone
3085341860
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Maintenance contracts 27,317 0 0

Form 990, Page 12, Part XII, Line 2C

This process has not changed from prior years

Financial Statement Notes

Schedule D, Page 3, Part X

The corporation is exempt from federal income tax under section 501(c)(3) of the internal revenue code. However, income from certain activities not directly related to the corporation's tax-exempt purpose is subject to taxation as unrelated business income. In addition, the corporation qualifies for the charitable contribution deduction under section 170(b) (1)(a) and has been classified as an organization other than a private foundation under section 509(a)(2). The corporation has adopted the provisions of fasb asc 740-10, accounting for uncertain tax positions. The corporation continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law, and new authoritative rulings. The corporation believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that would be material to the financial statements.

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IRS990ScheduleD/EquipmentGrp/DepreciationAmt093126
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEBT ISSUANCE COSTS
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER LIABILITIES
IRS990ScheduleD/RevenueSubtotalAmt0272282
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE CORPORATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN ADDITION, THE CORPORATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B) (1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THE CORPORATION HAS ADOPTED THE PROVISIONS OF FASB ASC 740-10, ACCOUNTING FOR UNCERTAIN TAX POSITIONS. THE CORPORATION CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS. THE CORPORATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT WOULD BE MATERIAL TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0182489
IRS990ScheduleD/TotalBookValueOtherAssetsAmt044670
IRS990ScheduleD/TotalExpensesPerForm990Amt0226791
IRS990ScheduleD/TotalLiabilityAmt09369
IRS990ScheduleD/TotalRevenuePerForm990Amt0272282
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0272282
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE MANAGING AGENT AND THEN FORWARDED TO THE PRESIDENT OF THE BOARD OF DIRECTORS WHO REVIEWS THE TAX RETURN AND THEN SIGNS IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WEST CENTRAL, INC MAKES ITS DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MAINTENANCE CONTRACTS 27,317 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 12, PART XII, LINE 2C
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IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0WEST CENTRAL II INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0470784958
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDE HO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt011
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 922
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MCCOOK
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IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt01200
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0PAYROLL EXPENSE IN FINANC
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IRS990ScheduleR/TransferToOtherOrgInd0false
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IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt01
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IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt0995799
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IRS990/TotalLiabilitiesGrp/EOYAmt0995799
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-455431
IRS990/TotalProgramServiceExpensesAmt0214395
IRS990/TotalProgramServiceRevenueAmt0272074
IRS990/TotalRevenueGrp/ExclusionAmt0208
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0272074
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0272282
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0519846
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0540368
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.58$0.97$0.39$0.27$0.24$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.57$0.99$0.42$0.27$0.24$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.54$1.00$0.46$0.27$0.23$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.52$1.02$0.50$0.24$0.22$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.51$1.03$0.52$0.24$0.22$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.51$1.05$0.54$0.25$0.24$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.53$1.07$0.54$0.24$0.24$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.54$1.09$0.55$0.22$0.27$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.60$1.10$0.50$0.22$0.28$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.66$1.10$0.44$0.23$0.28$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.73$1.12$0.39$0.24$0.28$0.03
2013Summary only. Only limited summary data is available for this year.$0.78$1.13$0.35$0.25$0.28$0.02
2012Summary only. Only limited summary data is available for this year.$0.81$1.14$0.33$0.26$0.27$0.01
2011Summary only. Only limited summary data is available for this year.$0.84$1.15$0.32$0.26$0.27$0.01