Civic Intelligence

Clay County Economic Development Group Inc

990EZ • Fiscal year 2022 • EIN 48-1096958

Jan 01, 2022 to Dec 31, 2022 • Filed on Sep 26, 2023

517 Court StreetClay Center, KS 67432

(785) 632-5974

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 2022

Liabilities / Revenue

45th percentile

0.00x

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

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Net Margin

2nd percentile

-341%

Higher net margin than 2% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

1st percentile

-100%

Faster asset growth than 1% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

6th percentile

-46%

Faster revenue growth than 6% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$0

Down $280,791 (-100%) from 2021

Net Assets

Down

$0

Down $280,791 (-100%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Down

$82,363

Down $69,258 (-46%) from 2021

Expenses

Up

$363,154

Up $240,481 (+196%) from 2021

Net Income

Down

-$280,791

Down $309,739 (-1070%) from 2021

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $90,594Liabilities 2011: $02011Assets 2012: $113,035Liabilities 2012: $02012Assets 2013: $139,678Liabilities 2013: $0Net Assets 2013: $139,6782013Assets 2014: $162,493Liabilities 2014: $0Net Assets 2014: $162,4932014Assets 2015: $180,840Liabilities 2015: $0Net Assets 2015: $180,8402015Assets 2016: $195,998Liabilities 2016: $0Net Assets 2016: $195,9982016Assets 2017: $218,217Liabilities 2017: $0Net Assets 2017: $218,2172017Assets 2018: $229,994Liabilities 2018: $0Net Assets 2018: $229,9942018Assets 2019: $246,640Liabilities 2019: $0Net Assets 2019: $246,6402019Assets 2020: $251,843Liabilities 2020: $0Net Assets 2020: $251,8432020Assets 2021: $280,791Liabilities 2021: $0Net Assets 2021: $280,7912021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2022

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$400K$200K$0-$200K-$400KRevenue 2011: $70,686Expenses 2011: $59,168Net Income 2011: $11,5182011Revenue 2012: $120,437Expenses 2012: $97,996Net Income 2012: $22,4412012Revenue 2013: $148,870Expenses 2013: $122,227Net Income 2013: $26,6432013Revenue 2014: $136,407Expenses 2014: $113,592Net Income 2014: $22,8152014Revenue 2015: $124,229Expenses 2015: $105,882Net Income 2015: $18,3472015Revenue 2016: $144,431Expenses 2016: $129,273Net Income 2016: $15,1582016Revenue 2017: $149,947Expenses 2017: $127,728Net Income 2017: $22,2192017Revenue 2018: $180,375Expenses 2018: $168,598Net Income 2018: $11,7772018Revenue 2019: $157,191Expenses 2019: $140,545Net Income 2019: $16,6462019Revenue 2020: $108,825Expenses 2020: $103,622Net Income 2020: $5,2032020Revenue 2021: $151,621Expenses 2021: $122,673Net Income 2021: $28,9482021Revenue 2022: $82,363Expenses 2022: $363,154Net Income 2022: -$280,7912022

Highlighted filing

2022

Revenue$82,363
Expenses$363,154
Net Income-$280,791
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 26, 2023
Return Version
2022v5.0
Gross Receipts
$179,027
Mission and Program Overview

Mission

Community economic development

Program Services

DescriptionGrantsExpenses
PROMOTED CLAY COUNTY AS AVAILABLE FOR RESIDENTIAL DEVELOPMENT TO INTERESTED DEVELOPERS$834$1,389
WORKED WITH POTENTIAL RETAIL SERVICES AND INDUSTRIAL BUSINESSES TO FIND SUITABLE REAL ESTATE IN CLAY COUNTY FOR BUSINESS DEVELOPMENT.$833$1,388
WORKED WITH CITY OF CLAY CENTER AND CLAY COUNTY TO IMPROVE INDUSTRIAL PARKS SO THEY ARE USEABLE FOR BUSINESS DEVELOPMENT.$833$1,388
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRAD FOWLESDirector-$0--
AUSTIN GILLARDDirector-$0--
MAURY CATLINDirector-$0--
STEVE MCMAHANVice-Chairman-$0--
BRANDON LEEDirector-$0--
BRYANT JOHNSONTreasurer-$0--
SCOTT LEITZELSecretary-$0--
KARLA SWEETDirector-$0--
JENNA PFIZENMAIERDirector-$0--
MONTE GREENChairman-$0--
THOMAS MULLIGANDirector-$0--
BRAD PYLEDirector-$0--
Filing and Contact Details

Filer

Filer Name
Clay County Economic Development Group
EIN
48-1096958
Phone
7856325974
Address
517 COURT STREET, CLAY CENTER, KS 67432

Signing Officer

Name
Natalie Muruato
Title
Executive Director
Phone
7856325974
Signed
2023-09-26
Discuss with paid preparer
Yes

Preparer

Firm
Woods & Durham Chtd
Address
619 LINCOLN AVE, CLAY CENTER, KS 67432
Preparer
Corrine E Urban
Phone
7856325657
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: interest. Amount: 418. Description: program revenue. Amount: 628. Total to form 990-ez, line 8: 1,046.

Form 990-ez, Part I, Line 10 - Payments to Affiliates

Affiliate name: clay county growth alliance, inc.. Affiliate address: 517 court street clay center, ks 67432. Purpose of payment: contribution to consolidated entity upon dissolution. Amount of payment: 346,649.

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

Description: professional services. Amount: 1,513. Description: program expenses. Amount: 4,165. Description: administative expense. Amount: 1,126. Description: dues & subscriptions. Amount: 274. Description: insurance. Amount: 1,000. Total to form 990-ez, line 16: 8,078.

Federal Election

Section 1.263(a)-1(f) de minimis safe harbor election for the year ending december 31, 2022 clay county economic development group, inc. Is making the de minimis safe harbor election under reg. Sec. 1.263(a)-1(f).

Federal Election

Section 1.263(a)-3(h) safe harbor election for small taxpayers for the year ending december 31, 2022 clay county economic development group, inc. Is making the safe harbor election under reg. Sec. 1.263(a)-3(h) for the following elegible building property(s). Description of eligible property(s): commercial real estate

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
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IRS990EZ/PrimaryExemptPurposeTxt0COMMUNITY ECONOMIC DEVELOPMENT
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0WORKED WITH POTENTIAL RETAIL SERVICES AND INDUSTRIAL BUSINESSES TO FIND SUITABLE REAL ESTATE IN CLAY COUNTY FOR BUSINESS DEVELOPMENT.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2PROMOTED CLAY COUNTY AS AVAILABLE FOR RESIDENTIAL DEVELOPMENT TO INTERESTED DEVELOPERS
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02022-12-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0874148101
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IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0PERSON(S) INVOLVED: MONTE GREENSCOTT LIETZELBRANDON LEEBRAD PYLEJENNA PFIZENMAIERBRAD FOWLESNATALIE MURATO
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt1EXPLANATION OF INVOLVEMENT: DIRECTORS AND EXECUTIVE DIRECTOR OF TRANSFEREE ORGANIZATION.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2E:
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc1PART I, LINE 2E:
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST. AMOUNT: 418. DESCRIPTION: PROGRAM REVENUE. AMOUNT: 628. TOTAL TO FORM 990-EZ, LINE 8: 1,046.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AFFILIATE NAME: CLAY COUNTY GROWTH ALLIANCE, INC.. AFFILIATE ADDRESS: 517 COURT STREET CLAY CENTER, KS 67432. PURPOSE OF PAYMENT: CONTRIBUTION TO CONSOLIDATED ENTITY UPON DISSOLUTION. AMOUNT OF PAYMENT: 346,649.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: PROFESSIONAL SERVICES. AMOUNT: 1,513. DESCRIPTION: PROGRAM EXPENSES. AMOUNT: 4,165. DESCRIPTION: ADMINISTATIVE EXPENSE. AMOUNT: 1,126. DESCRIPTION: DUES & SUBSCRIPTIONS. AMOUNT: 274. DESCRIPTION: INSURANCE. AMOUNT: 1,000. TOTAL TO FORM 990-EZ, LINE 16: 8,078.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTION FOR THE YEAR ENDING DECEMBER 31, 2022 CLAY COUNTY ECONOMIC DEVELOPMENT GROUP, INC. IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SECTION 1.263(A)-3(H) SAFE HARBOR ELECTION FOR SMALL TAXPAYERS FOR THE YEAR ENDING DECEMBER 31, 2022 CLAY COUNTY ECONOMIC DEVELOPMENT GROUP, INC. IS MAKING THE SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-3(H) FOR THE FOLLOWING ELEGIBLE BUILDING PROPERTY(S). DESCRIPTION OF ELIGIBLE PROPERTY(S): COMMERCIAL REAL ESTATE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - PAYMENTS TO AFFILIATES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FEDERAL ELECTION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FEDERAL ELECTION
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/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0NATALIE MURUATO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
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ReturnHeader/ReturnTs02023-10-02T09:52:09-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0NATALIE
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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