Civic Intelligence

Harvey County Economic Development Council Inc

990 • Fiscal year 2016 • EIN 48-1027523

Jan 01, 2016 to Dec 31, 2016 • Filed on Jul 19, 2017

500 Main PlaceNewton, KS 67114

(316) 283-6033

Siviq Scores

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

Liabilities / Assets

64th percentile

0.01x

Higher debt load relative to assets than 64% of similar nonprofits.

2016 filings • 501(c)4 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

63rd percentile

0.01x

Higher debt load relative to revenue than 63% of similar nonprofits.

2016 filings • 501(c)4 • <$500k nonprofits • Source year 2016

Net Margin

74th percentile

16%

Higher net margin than 74% of similar nonprofits.

2016 filings • 501(c)4 • <$500k nonprofits • Source year 2016

Top Officer Pay

97th percentile

$73,919

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 15.5% of source-year revenue.

2016 filings • 501(c)4 • <$500k nonprofits • Source year 2016

Asset Growth

79th percentile

19%

Faster asset growth than 79% of similar nonprofits.

2016 filings • 501(c)4 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

49th percentile

-0.3%

Faster revenue growth than 49% of similar nonprofits.

2016 filings • 501(c)4 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$369,010

Up $58,489 (+19%) from 2015

Net Assets

Up

$365,229

Up $74,017 (+25%) from 2015

Liabilities

Down

$3,781

Down $15,528 (-80%) from 2015

Revenue

Down

$475,407

Down $1,545 (-0.3%) from 2015

Expenses

Up

$401,390

Up $27,919 (+7.5%) from 2015

Net Income

Down

$74,017

Down $29,464 (-28%) from 2015

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $71,038Liabilities 2011: $4,223Net Assets 2011: $66,8152011Assets 2012: $107,026Liabilities 2012: $17,153Net Assets 2012: $89,8732012Assets 2013: $146,460Liabilities 2013: $15,172Net Assets 2013: $131,2882013Assets 2014: $196,445Liabilities 2014: $8,714Net Assets 2014: $187,7312014Assets 2015: $310,521Liabilities 2015: $19,309Net Assets 2015: $291,2122015Assets 2016: $369,010Liabilities 2016: $3,781Net Assets 2016: $365,2292016Assets 2017: $479,383Liabilities 2017: $2,096Net Assets 2017: $477,2872017Assets 2018: $513,854Liabilities 2018: $2,646Net Assets 2018: $511,2082018Assets 2019: $549,186Liabilities 2019: $3,230Net Assets 2019: $545,9562019Assets 2020: $588,823Liabilities 2020: $3,049Net Assets 2020: $585,7742020Assets 2021: $636,963Liabilities 2021: $941Net Assets 2021: $636,0222021Assets 2022: $654,298Liabilities 2022: $5,618Net Assets 2022: $648,6802022Assets 2023: $665,888Liabilities 2023: $3,327Net Assets 2023: $662,5612023Assets 2024: $593,826Liabilities 2024: $4,046Net Assets 2024: $589,7802024

Highlighted filing

2016

Assets$369,010
Liabilities$3,781
Net Assets$365,229

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $300,489Expenses 2011: $305,948Net Income 2011: -$5,4592011Revenue 2012: $301,870Expenses 2012: $278,812Net Income 2012: $23,0582012Revenue 2013: $330,794Expenses 2013: $289,379Net Income 2013: $41,4152013Revenue 2014: $333,393Expenses 2014: $276,950Net Income 2014: $56,4432014Revenue 2015: $476,952Expenses 2015: $373,471Net Income 2015: $103,4812015Revenue 2016: $475,407Expenses 2016: $401,390Net Income 2016: $74,0172016Revenue 2017: $479,882Expenses 2017: $367,824Net Income 2017: $112,0582017Revenue 2018: $313,141Expenses 2018: $279,220Net Income 2018: $33,9212018Revenue 2019: $334,616Expenses 2019: $299,868Net Income 2019: $34,7482019Revenue 2020: $332,500Expenses 2020: $292,682Net Income 2020: $39,8182020Revenue 2021: $333,047Expenses 2021: $282,799Net Income 2021: $50,2482021Revenue 2022: $334,623Expenses 2022: $321,965Net Income 2022: $12,6582022Revenue 2023: $336,970Expenses 2023: $323,089Net Income 2023: $13,8812023Revenue 2024: $338,437Expenses 2024: $411,218Net Income 2024: -$72,7812024

Highlighted filing

2016

Revenue$475,407
Expenses$401,390
Net Income$74,017
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jul 19, 2017
Return Version
2016v3.0
Gross Receipts
$475,563
Mission and Program Overview

Mission

Promotion of economic development

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$261,395$287,923▲ $26,528
Prepaid Expenses and Deferred Charges$2,930$48,222▲ $45,292
Accounts Receivable$40,447$29,440▼ $11,007
Land, Buildings, and Equipment, Net$5,749$3,425▼ $2,324
Total Assets$310,521$369,010▲ $58,489
Liabilities
Accounts Payable and Accrued Expenses$19,309$3,781▼ $15,528
Total Liabilities$19,309$3,781▼ $15,528
Net Assets / Fund Balance
Unrestricted Net Assets$291,212$365,229▲ $74,017
Total Net Assets Fund Balance$291,212$365,229▲ $74,017
Total Liabilities and Net Assets / Fund Balance$310,521$369,010▲ $58,489

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,425$26,926-
Leasehold Improvements-$5,649-
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Ken KnepperBoard Member$69,050$4,869$73,919
Mickey Dean-$69,050$4,869$73,919
Rod NicholsonBoard Member$65,137$3,050$68,187

Board Members and Trustees

NameTitle
Ray PennerPast President
Ron LangPresident
Bill EwertBoard Member
Byron WartaBoard Member
Carl HarrisBoard Member
Chris ThrasherBoard Member
Jason JonesBoard Member
Jeremy AshbyBoard Member
Jim GoeringBoard Member
Josh DurnerBoard Member
Karl MatlockBoard Member
Kirby StuckyBoard Member
Larry WilliamsBoard Member
Marge RobersonBoard Member
Mindy BuddeBoard Member
Thom NooneBoard Member
Tony WheelerBoard Member
Mickey DeanExecutive Director
Elizabeth SheltonExexutive Director
Perry WhiteSec/treas
Revenue and Support

Revenue Composition

Contributions and Grants
$474,288
Program Service Revenue
$0
Investment Income
$427
Other Revenue
$692
Change in Net Assets
$74,017

Audited Revenue Reconciliation

Revenue per Audited Statements
$475,407
Total Revenue per Audited Statements
$475,407
Total Revenue per Form 990
$475,407
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$203,820
Other Expenses$197,570
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$134,188$0$0$134,188
Other Salaries and Wages$36,839$32,793$0$69,632
Other Expenses$34,200$0$0$34,200
Occupancy$14,819$14,816$0$29,635
Fees for Services Legal$0$25,993$0$25,993
All Other Expenses$0$11,083$0$11,083
Office Expenses$5,183$5,180$0$10,363
Fees for Services Accounting$0$5,321$0$5,321
Depreciation Depletion$1,084$1,084$0$2,168
Total Functional Expenses$292,996$108,394$0$401,390

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$401,390
Total Expenses per Audited Statements$401,390
Total Expenses per Form 990$401,390
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
Audit committee
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
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
Filing and Contact Details

Filer

Filer Name
Harvey County Economic Development Council Inc
EIN
48-1027523
Phone
3162836033
Address
500 MAIN PLACE, NEWTON, KS 67114

Signing Officer

Name
Ron Lang
Title
President
Phone
3162836033
Signed
2017-07-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ron Lang
Formed
1986
Legal Domicile
Ks
Voting Board Members
27
Independent Board Members
27
Employees
4
Volunteers
27

Preparer

Firm
Knudsen Monroe & Company LLC
Address
301 N MAIN SUITE 110, NEWTON, KS 67114-3459
Preparer
Daryl a Wedel
Phone
3162835366
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Form 990 is provided to board members present for review prior

Pt VI, Line 11B

To filing. Executive director is available at meeting to answer questions

Pt VI, Line 12C

The board of directors regularly reviews conflicts of interest.

Pt VI, Line 15A

The board of directors determines the salary of the executive director.

Pt VI, Line 15B

The executive director and board determine the salaries of other employees.

Pt VI, Line 19

This information is typically not available to the public.

Form 990EZ, Part II, Line 24

Accounts Receivable - Net

Form 990EZ, Part II, Line 24

Prepaids

Form 990EZ, Part II, Line 26

Accounts Payable & Accrued Expenses

Form 990, Part IX, Line 24E

Bad debts 11083. 0. 11083. 0.

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IRS990/MoreThan5000KToOrgInd0false
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IRS990/OfficeExpensesGrp/FundraisingAmt00
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IRS990/OfficeExpensesGrp/TotalAmt010363
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IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherExpensesGrp/Desc1MARKETING
IRS990/OtherExpensesGrp/Desc2MEMBERSHIP AND DUES
IRS990/OtherExpensesGrp/Desc3PARTNERSHIP CONTRACT
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IRS990/OtherExpensesGrp/FundraisingAmt20
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt156058
IRS990/OtherExpensesGrp/ProgramServicesAmt210625
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IRS990/OtherExpensesGrp/TotalAmt01500
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IRS990/OtherExpensesGrp/TotalAmt221249
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IRS990/PYRevenuesLessExpensesAmt0103481
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt026926
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IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt05649
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IRS990ScheduleD/TotalExpensesPerForm990Amt0401390
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt04869
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IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0PREVIOUS EXEC DIRECTOR RECEIVED 5 MONTHS SEVERANCE PAY.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 4a
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PROVIDED TO BOARD MEMBERS PRESENT FOR REVIEW PRIOR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO FILING. EXECUTIVE DIRECTOR IS AVAILABLE AT MEETING TO ANSWER QUESTIONS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS REGULARLY REVIEWS CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS DETERMINES THE SALARY OF THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE EXECUTIVE DIRECTOR AND BOARD DETERMINE THE SALARIES OF OTHER EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THIS INFORMATION IS TYPICALLY NOT AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Accounts Receivable - Net
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Prepaids
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Accounts Payable & Accrued Expenses
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9BAD DEBTS 11083. 0. 11083. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
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IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0369010
IRS990/TotalAssetsGrp/BOYAmt0310521
IRS990/TotalAssetsGrp/EOYAmt0369010

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.94$0.04$5.90$3.38$4.11$0.73
2023Detailed filing. Detailed filing data is available for this year.$6.66$0.03$6.63$3.37$3.23$0.14
2022Detailed filing. Detailed filing data is available for this year.$6.54$0.06$6.49$3.35$3.22$0.13
2021Detailed filing. Detailed filing data is available for this year.$6.37$0.01$6.36$3.33$2.83$0.50
2020Detailed filing. Detailed filing data is available for this year.$5.89$0.03$5.86$3.33$2.93$0.40
2019Detailed filing. Detailed filing data is available for this year.$5.49$0.03$5.46$3.35$3.00$0.35
2018Detailed filing. Detailed filing data is available for this year.$5.14$0.03$5.11$3.13$2.79$0.34
2017Detailed filing. Detailed filing data is available for this year.$4.79$0.02$4.77$4.80$3.68$1.12
2016Detailed filing. Detailed filing data is available for this year.$3.69$0.04$3.65$4.75$4.01$0.74
2015Detailed filing. Detailed filing data is available for this year.$3.11$0.19$2.91$4.77$3.73$1.03
2014Detailed filing. Detailed filing data is available for this year.$1.96$0.09$1.88$3.33$2.77$0.56
2013Detailed filing. Detailed filing data is available for this year.$1.46$0.15$1.31$3.31$2.89$0.41
2012Summary only. Only limited summary data is available for this year.$1.07$0.17$0.90$3.02$2.79$0.23
2011Summary only. Only limited summary data is available for this year.$0.71$0.04$0.67$3.00$3.06$0.05
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)4 • <$500k nonprofits