Civic Intelligence

Ktb Financial Services Inc.

990EZ • Fiscal year 2020 • EIN 47-1010672

Jan 01, 2020 to Dec 31, 2020 • Filed on Feb 26, 2021

1301 West Washington StreetBloomington, IL 61701

(309) 200-8664

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 2020

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2020

Net Margin

59th percentile

11%

Higher net margin than 59% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

90th percentile

$41,500

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 34.9% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

71st percentile

27%

Faster asset growth than 71% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

79th percentile

21%

Faster revenue growth than 79% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$62,002

Up $12,994 (+27%) from 2019

Net Assets

Up

$62,002

Up $12,994 (+27%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$119,072

Up $20,604 (+21%) from 2019

Expenses

Up

$106,078

Up $20,058 (+23%) from 2019

Net Income

Up

$12,994

Up $546 (+4.4%) from 2019

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2014: $8,684Liabilities 2014: $1,016Net Assets 2014: $7,6682014Assets 2015: $17,227Net Assets 2015: $17,2272015Assets 2016: $19,512Net Assets 2016: $19,5122016Assets 2017: $23,149Net Assets 2017: $23,1492017Assets 2018: $36,560Net Assets 2018: $36,5602018Assets 2019: $49,008Net Assets 2019: $49,0082019Assets 2020: $62,002Net Assets 2020: $62,0022020Assets 2021: $89,865Net Assets 2021: $89,8652021Assets 2022: $102,006Net Assets 2022: $102,0062022Assets 2023: $139,862Net Assets 2023: $139,8622023Assets 2024: $154,278Net Assets 2024: $154,2782024

Highlighted filing

2020

Assets$62,002
Liabilities-
Net Assets$62,002

Operations Trend

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

$200K$150K$100K$50K$0Revenue 2014: $20,366Expenses 2014: $12,698Net Income 2014: $7,6682014Revenue 2015: $38,141Expenses 2015: $28,582Net Income 2015: $9,5592015Revenue 2016: $48,024Expenses 2016: $45,739Net Income 2016: $2,2852016Revenue 2017: $62,015Expenses 2017: $58,378Net Income 2017: $3,6372017Revenue 2018: $90,823Expenses 2018: $77,412Net Income 2018: $13,4112018Revenue 2019: $98,468Expenses 2019: $86,020Net Income 2019: $12,4482019Revenue 2020: $119,072Expenses 2020: $106,078Net Income 2020: $12,9942020Revenue 2021: $118,115Expenses 2021: $90,252Net Income 2021: $27,8632021Revenue 2022: $150,999Expenses 2022: $138,858Net Income 2022: $12,1412022Revenue 2023: $158,074Expenses 2023: $120,218Net Income 2023: $37,8562023Revenue 2024: $140,640Expenses 2024: $126,224Net Income 2024: $14,4162024

Highlighted filing

2020

Revenue$119,072
Expenses$106,078
Net Income$12,994
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Feb 26, 2021
Return Version
2020v4.0
Gross Receipts
$119,072
Mission and Program Overview

Mission

The purpose is to serve as a Representative Payee to assist individuals with severe and persistent mental illness, with persistent substance abuse, who are intellectually challenged, or have physical disabilities that make it impossible for them to properly handle their financial affairs. All activities focused on making sure basic needs are met for a vulnerable population. All participants receive one form of Social Security, including Supplemental Security Income (SSI), disability (SSDI), or Social Security retirement.

Program Services

DescriptionGrantsExpenses
During the year, KTB Financial Services, Inc. has provided Representative Payee services to more than 100 individuals in accordance with its purpose and the rules of the Social Security Administration.$84,635-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kim CrutcherExecutive DirectorFT$41,500-$41,500
Sheila WinkleMember-$0--
Jeremy StudebakerTreasurer-$0--
Hannah EisnerSecretary-$0--
George BoyleVice President-$0--
Jennifer RobertsPresident-$0--
Filing and Contact Details

Filer

Filer Name
KTB Financial Services Inc
EIN
47-1010672
Phone
3092008664
Address
1301 West Washington Street, Bloomington, IL 61701

Signing Officer

Name
Jeremy Studebaker
Title
Treasurer
Signed
2021-02-26
Discuss with paid preparer
Yes

Preparer

Firm
Insight CPAs & Financial LLC
Address
2712 McGraw Drive, Bloomington, IL 61704
Preparer
Nicole Allen CPA
Phone
3096631353
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $1594

Other Expenses.1003

Information Technology $5053

Other Expenses.1009

Depreciation $1129

Other Expenses.1012

Insurance $5986

Other Expenses.3

Client reimbursements $797

Other Expenses.4

Licenses & fees $25

Other Expenses.5

Bank service charge $8

Other Assets.1002

Furniture and Fixtures - Beginning $1621 Furniture and Fixtures - Ending $972

Other Assets.1003

Machinery and Equipment - Beginning $410 Machinery and Equipment - Ending $797

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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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IRS990EZ/PrintingPublicationsPostageAmt06217
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $1594
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Information Technology $5053
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ReturnHeader/PreparerPersonGrp/PhoneNum03096631353
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ReturnHeader/ReturnTs02021-02-26T17:27:52-08:00
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ReturnHeader/TaxPeriodBeginDt02020-01-01
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