Civic Intelligence

Kentucky Classic Driving Inc.

990 • Fiscal year 2020 • EIN 47-4647632

Jan 01, 2020 to Dec 31, 2020 • Filed on May 08, 2021

PO Box 263Georgetown, KY 40324

(859) 559-8437

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

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

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

Asset Growth

40th percentile

-0.9%

Faster asset growth than 40% of similar nonprofits.

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

Revenue Growth

2nd percentile

-100%

Faster revenue growth than 2% of similar nonprofits.

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

Assets

Down

$95,833

Down $866 (-0.9%) from 2019

Net Assets

Down

$95,833

Down $866 (-0.9%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$0

Down $99,681 (-100%) from 2019

Expenses

Down

$866

Down $63,289 (-99%) from 2019

Net Income

Down

-$866

Down $36,392 (-102%) from 2019

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2015: $9,441Liabilities 2015: $0Net Assets 2015: $9,4412015Assets 2016: $12,693Liabilities 2016: $0Net Assets 2016: $12,6932016Assets 2017: $11,602Liabilities 2017: $0Net Assets 2017: $11,6022017Assets 2018: $61,173Liabilities 2018: $0Net Assets 2018: $61,1732018Assets 2019: $96,699Liabilities 2019: $0Net Assets 2019: $96,6992019Assets 2020: $95,833Liabilities 2020: $0Net Assets 2020: $95,8332020Assets 2021: $92,360Liabilities 2021: $0Net Assets 2021: $92,3602021Assets 2022: $91,853Liabilities 2022: $0Net Assets 2022: $91,8532022Assets 2023: $60,047Liabilities 2023: $0Net Assets 2023: $60,0472023Assets 2024: $35,021Liabilities 2024: $0Net Assets 2024: $35,0212024

Highlighted filing

2020

Assets$95,833
Liabilities$0
Net Assets$95,833

Operations Trend

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

$100K$50K$0-$50KRevenue 2015: $66,636Expenses 2015: $82,171Net Income 2015: -$15,5352015Revenue 2016: $79,605Expenses 2016: $76,353Net Income 2016: $3,2522016Revenue 2017: $92,833Expenses 2017: $93,924Net Income 2017: -$1,0912017Revenue 2018: $50,000Expenses 2018: $429Net Income 2018: $49,5712018Revenue 2019: $99,681Expenses 2019: $64,155Net Income 2019: $35,5262019Revenue 2020: $0Expenses 2020: $866Net Income 2020: -$8662020Revenue 2021: $36,653Expenses 2021: $40,126Net Income 2021: -$3,4732021Revenue 2022: $0Expenses 2022: $507Net Income 2022: -$5072022Revenue 2023: $16,604Expenses 2023: $48,410Net Income 2023: -$31,8062023Revenue 2024: $15,999Expenses 2024: $41,025Net Income 2024: -$25,0262024

Highlighted filing

2020

Revenue$0
Expenses$866
Net Income-$866
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 8, 2021
Return Version
2020v4.0
Gross Receipts
$0
Mission and Program Overview

Mission

To provide educational opportunities for the furtherance of the sport of combined driving by sponsoring combined driving event horse show(s), educational clinics and presentations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$96,699$95,833▼ $866
Total Assets$96,699$95,833▼ $866
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$96,699$95,833▼ $866
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$96,699$95,833▼ $866
Total Liabilities and Net Assets / Fund Balance$96,699$95,833▼ $866
Compensation and Service Providers

Board Members and Trustees

NameTitle
Misdee MillerPresident
James MillerSecretary
David HarrisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-866
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$866
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
Other Expenses$460$55-$515
Office Expenses-$189-$189
Advertising-$162-$162
Total Functional Expenses$460$406$0$866
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
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
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 A, Line 2

Misdee miller, president and james miller, secretary are married.

Form 990, Part VI, Section B, Line 11B

The corporation's treasurer prepares form 990 and distributes a copy to each member of the board of directors prior to the return being filed with the irs.

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

Each member of the board of directors was asked to disclose any possible conflicts of interest at the beginning of each meeting of the board.

Form 990, Part VI, Section B, Line 15

The corporation does not have any paid staff and the officers are not compensated.

Form 990, Part VI, Section C, Line 19

The corporation provides all governance documents upon request.

Filing and Contact Details

Filer

Filer Name
Kentucky Classic Driving Inc
EIN
47-4647632
Phone
8595598437
Address
PO BOX 263, GEORGETOWN, KY 40324

Signing Officer

Name
David Harris
Title
Treasurer
Phone
8595598437
Signed
2021-05-08

Organization Details

Principal Officer
David E Harris
Formed
2015
Legal Domicile
Ky
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
50
Raw XML Appendix314 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.

Path#Value
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IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE EDUCATIONAL OPPORTUNITIES FOR THE FURTHERANCE OF THE SPORT OF COMBINED DRIVING BY SPONSORING COMBINED DRIVING EVENT HORSE SHOW(S), EDUCATIONAL CLINICS AND PRESENTATIONS.
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IRS990/BooksInCareOfDetail/PhoneNum08595598437
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IRS990/BooksInCareOfDetail/USAddress/CityNm0GEORGETOWN
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISDEE MILLER, PRESIDENT AND JAMES MILLER, SECRETARY ARE MARRIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CORPORATION'S TREASURER PREPARES FORM 990 AND DISTRIBUTES A COPY TO EACH MEMBER OF THE BOARD OF DIRECTORS PRIOR TO THE RETURN BEING FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH MEMBER OF THE BOARD OF DIRECTORS WAS ASKED TO DISCLOSE ANY POSSIBLE CONFLICTS OF INTEREST AT THE BEGINNING OF EACH MEETING OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CORPORATION DOES NOT HAVE ANY PAID STAFF AND THE OFFICERS ARE NOT COMPENSATED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CORPORATION PROVIDES ALL GOVERNANCE DOCUMENTS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0David Harris
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum08595598437
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KENTUCKY CLASSIC DRIVING INC
ReturnHeader/Filer/BusinessNameControlTxt0KENT
ReturnHeader/Filer/EIN0474647632
ReturnHeader/Filer/PhoneNum08595598437
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ReturnHeader/Filer/USAddress/CityNm0GEORGETOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040324
ReturnHeader/ReturnTs02021-05-08T11:19:50-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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