Civic Intelligence

Woodford Forward Inc

EIN 47-1724575 • 501(c)4 • Versailles, KY

Profile

Woodford forward, inc. Is a coalition of citizens, business owners, and farm owners that advocate for innovative policies that promote the highest and best use of urban land and the agricultural use of productive farmland throughout woodford county, kentucky.vision: by working with government officials and the community, woodford forward provides land use advocacy for innovative development and redevelopment of our urban areas; adequate infrastructure for citizens and businesses; and the agricultural use of productive farmlands throughout woodford county. Through these efforts, woodford forward will promote the link between quality of life and economic development.values:* innovative development and redevelopment of urban land* adequate infrastructure* productive farmland conservation

110 Morgan Street Unit BVersailles, KY 40383

www.woodfordforward.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

98th percentile

3.51x

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

501(c)4 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

90th percentile

0.43x

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

501(c)4 • <$500k nonprofits • Source year 2020

Net Margin

9th percentile

-80%

Higher net margin than 9% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2020

Top Officer Pay

97th percentile

$21,250

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 153.4% of source-year revenue.

501(c)4 • <$500k nonprofits • Source year 2020

Asset Growth

10th percentile

-75%

Faster asset growth than 10% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

11th percentile

-65%

Faster revenue growth than 11% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$1,709

Down $5,045 (-75%) from 2019

Liabilities

Up

$6,000

Up $6,000 from 2019

Net Assets

Down

-$4,291

Down $11,045 (-164%) from 2019

Operations
Liabilities / Revenue90th percentileNet Margin9th percentile

Revenue

Down

$13,850

Down $25,887 (-65%) from 2019

Expenses

Down

$24,895

Down $16,517 (-40%) from 2019

Net Income

Down

-$11,045

Down $9,370 (-559%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40K$20K$0-$20KAssets 2015: $10,576Liabilities 2015: $02015Assets 2016: $33,579Liabilities 2016: $0Net Assets 2016: $33,5792016Assets 2017: $34,946Liabilities 2017: $0Net Assets 2017: $34,9462017Assets 2018: $37,174Liabilities 2018: $0Net Assets 2018: $37,1742018Assets 2019: $6,754Liabilities 2019: $0Net Assets 2019: $6,7542019Assets 2020: $1,709Liabilities 2020: $6,000Net Assets 2020: -$4,2912020

Highlighted filing

2020

Assets$1,709
Liabilities$6,000
Net Assets-$4,291
Open 2020 Filing

Operations Trend

Revenue Growth11th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2015: $49,957Expenses 2015: $39,381Net Income 2015: $10,5762015Revenue 2016: $73,340Expenses 2016: $50,337Net Income 2016: $23,0032016Revenue 2017: $48,296Expenses 2017: $46,929Net Income 2017: $1,3672017Revenue 2018: $55,945Expenses 2018: $53,717Net Income 2018: $2,2282018Revenue 2019: $39,737Expenses 2019: $41,412Net Income 2019: -$1,6752019Revenue 2020: $13,850Expenses 2020: $24,895Net Income 2020: -$11,0452020

Highlighted filing

2020

Revenue$13,850
Expenses$24,895
Net Income-$11,045
Open 2020 Filing

Filings

Most recent year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,709
Liabilities
$6,000
Net assets
-$4,291
Revenue
$13,850
Expenses
$24,895
Net income
-$11,045
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$1.71$6.00$4.29$13.9$24.9$11.0
2019Detailed filing. Detailed filing data is available for this year.$6.75$0.00$6.75$39.7$41.4$1.68
2018Detailed filing. Detailed filing data is available for this year.$37.2$0.00$37.2$55.9$53.7$2.23
2017Detailed filing. Detailed filing data is available for this year.$34.9$0.00$34.9$48.3$46.9$1.37
2016Detailed filing. Detailed filing data is available for this year.$33.6$0.00$33.6$73.3$50.3$23.0
2015Summary only. Only limited summary data is available for this year.$10.6$0.00$50.0$39.4$10.6
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jun 1, 2019 to May 31, 2020
Signed
Sep 1, 2020
Return Version
2019v5.1
Gross Receipts
$13,850
Mission and Program Overview

Mission

Woodford forward, inc. Is a coalition of citizens, business owners, and farm owners that advocate for innovative policies that promote the highest and best use of urban land and the agricultural use of productive farmland throughout woodford county, kentucky.vision: by working with government officials and the community, woodford forward provides land use advocacy for innovative development and redevelopment of our urban areas; adequate infrastructure for citizens and businesses; and the agricultural use of productive farmlands throughout woodford county. Through these efforts, woodford forward will promote the link between quality of life and economic development.values:* innovative development and redevelopment of urban land* adequate infrastructure* productive farmland conservation

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION IS DEDICATED TO WORKING WITH LOCAL CITY AND COUNTY STAKEHOLDERS TO ADVOCATE FOR ECONOMIC DEVELOPMENT THAT PRESERVES COUNTY AND CITY HISTORIC RESOURCES, SUCH AS DESIGNING GUIDELINES IN THE COMMERCIAL ZONES THROUGHOUT THE COUNTY, WORKING TO MERGE CITY/COUNTY GOVERNMENTS, URBAN SERVICE BOUNDARIES FOR MIDWAY AND VERSAILLES, HELPING MIDWAY AND VERSAILLES BECOME "CERTIFIED TRAIL TOWNS", SUPPORTING THE BLUEGRASS BIKE HIKE HORSEBACK ALLIANCE, ENCOURAGING HOTELS TO LOCATE IN THE COUNTY, WORKING ON THE DOWNTOWN VERSAILLES PAVILION PROJECT AND A DOWNTOWN VERSAILLES TAX INCREMENT FINANCING DISTRICT, AND WORKING WITH THE UNIVERSITY OF KENTUCKY COLLEGE OF AGRICULTURE FOOD AND ENVIRONMENT ON A COUNTY WIDE AGRICULTURE AND EQUINE INDUSTRIES ECONOMIC IMPACT STUDY. THE ORGANIZATION COMPLETED A COUNTYWIDE SURVEY THAT VALIDATED THE NEED FOR THE ORGANIZATION AS 74% OF THE RESPONDENTS AGREE WITH THE MISSION OF THE ORGANIZATION.$0$19,916
THE ORGANIZATION IS DEDICATED TO WORKING WITH STATE REPRESENTATIVES ON ISSUES SUCH AS PROPOSED NATURAL GAS LIQUIDS PIPELINE, CONSTRUCTION OF THE NORTHWEST CONNECTOR AROUND VERSAILLES, COUNTY PURCHASES OF DEVELOPMENT RIGHTS BY THE WOODFORD COUNTY RURAL LAND MANAGEMENT BOARD, AND TAX INCREMENT FINANCING PROGRAMS TO ENCOURAGE BUSINESSES TO LOCATE IN THE COUNTY.$0$4,979
Compensation and Service Providers
Top Officer Pay97th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ACE HEINLECEOPT$21,250-$21,250
BENNY WILLIAMSChair-$0--
KYLE FANNINDirector-$0--
MEAGAN NICHOLSONSecretary-$0--
TOM BIEDERMANNDirector-$0--
MICHAEL DUCKWORTHDirector-$0--
MIKE HALLDirector-$0--
CLARK FRYETreasurer-$0--
JAMES HICKSDirector-$0--
LARRY JOHNSONDirector-$0--
OUITA MICHELDirector-$0--
NANCY COXDirector-$0--
Political and Lobbying Activity
In-house lobbying only
Yes
Filing and Contact Details

Filer

Filer Name
Woodford Forward Inc
EIN
47-1724575
Phone
8598464033
Address
110 MORGAN STREET UNIT B, VERSAILLES, KY 40383

Signing Officer

Name
Ace Heinle
Title
CEO
Phone
8598464033
Signed
2020-09-01
Discuss with paid preparer
Yes

Preparer

Firm
Dean Dorton Allen Ford Pllc
Address
250 W MAIN STR STE 1400, LEXINGTON, KY 40507
Preparer
Allison C Carter
Phone
8592552341
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: advertising. Amount: 499. Description: office expense. Amount: 40. Description: insurance. Amount: 802. Description: business registration fees. Amount: 30. Description: bank charges. Amount: 127. Description: travel . Amount: 454. Description: community outreach. Amount: 30. Total to form 990-ez, line 16: 1,982.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: due to woodford forward foundation. Beg. Of year amount: 0. End of year amount: 6,000.”

Raw XML Appendix177 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/PrimaryExemptPurposeTxt0WOODFORD FORWARD, INC. IS A COALITION OF CITIZENS, BUSINESS OWNERS, AND FARM OWNERS THAT ADVOCATE FOR INNOVATIVE POLICIES THAT PROMOTE THE HIGHEST AND BEST USE OF URBAN LAND AND THE AGRICULTURAL USE OF PRODUCTIVE FARMLAND THROUGHOUT WOODFORD COUNTY, KENTUCKY.VISION: BY WORKING WITH GOVERNMENT OFFICIALS AND THE COMMUNITY, WOODFORD FORWARD PROVIDES LAND USE ADVOCACY FOR INNOVATIVE DEVELOPMENT AND REDEVELOPMENT OF OUR URBAN AREAS; ADEQUATE INFRASTRUCTURE FOR CITIZENS AND BUSINESSES; AND THE AGRICULTURAL USE OF PRODUCTIVE FARMLANDS THROUGHOUT WOODFORD COUNTY. THROUGH THESE EFFORTS, WOODFORD FORWARD WILL PROMOTE THE LINK BETWEEN QUALITY OF LIFE AND ECONOMIC DEVELOPMENT.VALUES:* INNOVATIVE DEVELOPMENT AND REDEVELOPMENT OF URBAN LAND* ADEQUATE INFRASTRUCTURE* PRODUCTIVE FARMLAND CONSERVATION
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd040507
ReturnHeader/PreparerPersonGrp/PhoneNum08592552341
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALLISON C CARTER
ReturnHeader/ReturnTs02020-10-30T09:19:19-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-06-01
ReturnHeader/TaxPeriodEndDt02020-05-31
ReturnHeader/TaxYr02019

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