Civic Intelligence

Southwest Johnson County Economic Development Corporation

990 • Fiscal year 2015 • EIN 48-1131265

Jan 01, 2015 to Dec 31, 2015 • Filed on Mar 10, 2016

PO Box 456Gardner, KS 66030

(913) 764-6566

Siviq Scores

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

Liabilities / Assets

47th percentile

0.00x

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

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

47th percentile

0.00x

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

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Net Margin

20th percentile

-11%

Higher net margin than 20% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

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

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Asset Growth

2nd percentile

-74%

Faster asset growth than 2% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

72nd percentile

13%

Faster revenue growth than 72% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$11,009

Down $30,586 (-74%) from 2014

Net Assets

Down

$11,009

Down $30,586 (-74%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$277,261

Up $31,566 (+13%) from 2014

Expenses

Up

$307,847

Up $53,592 (+21%) from 2014

Net Income

Down

-$30,586

Down $22,026 (-257%) from 2014

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2010: $124,227Liabilities 2010: $0Net Assets 2010: $124,2272010Assets 2011: $78,665Liabilities 2011: $0Net Assets 2011: $78,6652011Assets 2012: $47,166Liabilities 2012: $0Net Assets 2012: $47,1662012Assets 2013: $50,155Liabilities 2013: $0Net Assets 2013: $50,1552013Assets 2014: $41,595Liabilities 2014: $0Net Assets 2014: $41,5952014Assets 2015: $11,009Liabilities 2015: $0Net Assets 2015: $11,0092015Assets 2016: $7,634Liabilities 2016: $0Net Assets 2016: $7,6342016Assets 2017: $11,780Liabilities 2017: $2,070Net Assets 2017: $9,7102017Assets 2018: $11,341Liabilities 2018: $19,257Net Assets 2018: -$7,9162018Assets 2019: $10,057Liabilities 2019: $19,033Net Assets 2019: -$8,9762019Assets 2020: $15,096Liabilities 2020: $14,534Net Assets 2020: $5622020Assets 2022: $21,305Liabilities 2022: $6,949Net Assets 2022: $14,3562022

Highlighted filing

2015

Assets$11,009
Liabilities$0
Net Assets$11,009

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2010: $219,9212010Expenses 2011: $276,8652011Expenses 2012: $224,7322012Revenue 2013: $230,130Expenses 2013: $233,249Net Income 2013: -$3,1192013Revenue 2014: $245,695Expenses 2014: $254,255Net Income 2014: -$8,5602014Revenue 2015: $277,261Expenses 2015: $307,847Net Income 2015: -$30,5862015Revenue 2016: $277,873Expenses 2016: $281,248Net Income 2016: -$3,3752016Revenue 2017: $269,398Expenses 2017: $267,322Net Income 2017: $2,0762017Revenue 2018: $269,763Expenses 2018: $287,389Net Income 2018: -$17,6262018Revenue 2019: $302,439Expenses 2019: $303,499Net Income 2019: -$1,0602019Revenue 2020: $337,138Expenses 2020: $327,600Net Income 2020: $9,5382020Revenue 2022: $334,636Expenses 2022: $350,056Net Income 2022: -$15,4202022

Highlighted filing

2015

Revenue$277,261
Expenses$307,847
Net Income-$30,586
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Mar 10, 2016
Return Version
2015v2.1
Gross Receipts
$277,261
Mission and Program Overview

Mission

Stimulate economic growth by demonstrating to new and existing companies the unique business advantage of a southwest johnson county location.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$35,488$11,009▼ $24,479
Savings and Temporary Cash Investments$6,107--
Total Assets$41,595$11,009▼ $30,586
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$35,488$11,009▼ $24,479
Temporarily Rstr Net Assets$6,107--
Total Net Assets Fund Balance$41,595$11,009▼ $30,586
Total Liabilities and Net Assets / Fund Balance$41,595$11,009▼ $30,586
Compensation and Service Providers

Board Members and Trustees

NameTitle
Greg MartinettePresident
Revenue and Support

Revenue Composition

Contributions and Grants
$277,208
Program Service Revenue
$0
Investment Income
$53
Other Revenue
$0
All Other Contributions
$35,526
Change in Net Assets
$-30,586
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$158,049
Other Expenses$136,234
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$141,325--$141,325
Advertising$68,246--$68,246
Benefits to Members$13,564--$13,564
Office Expenses$13,401--$13,401
Other Expenses$12,008--$12,008
Information Technology$11,855--$11,855
Payroll Taxes$9,224--$9,224
Other Employee Benefits$7,500--$7,500
Travel$6,033--$6,033
Fees for Services Accounting$5,169--$5,169
Fees for Services Other$4,000--$4,000
Insurance$2,503--$2,503
Total Functional Expenses$307,847$0$0$307,847
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
Yes
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

Section 1. Membership. The membership of this corporation shall be composed of two categories, to-wit: governmental and private sector. The founding governmental entities which hold a membership in this corporation shall be the city of Gardner, Kansas, and the Johnson County Airport Commission, an agency of Johnson County, Kansas, both of whom shall contribute annual dues to the corporation. The Gardner-Edgerton-Antioch Unified School District No. 231 shall also hold a membership in the Corporation, however it shall not be required to pay dues so long as it is restricted from doing so by law.The Individual Levels are as follows:Platinum LevelGold LevelSilver LevelBronze Level

Governing body decisions Part VI line 7B

Subject to limitations of the Articles of Incorporation, of the bylaws, and of the Kansas Corporation Code as to action which shall be authorized or approved by members, and subject to the duties of directors as prescribed by the bylaws; all corporate powers shall be exercised by or under of, and the business and affairs of the corporation shall be controlled by the board of directors.

Form 990 governing body review Part VI line 11

The board of directors shall appoint an executive committee to be composed of the chairman, vice-chairman, secretary/treasurer and the immediate past chairman of the corporation. The immediate past chairman, or in his absense, the chairman, shall chair said committee. The president shall be an ex-officio member of the committee. The duties of the committee shall include, but not be limited to: to oversee the operations of the corporation; to approve a plan of work for and oversee the work of the president, to oversee the current budget and approve a proposed budget for the upcoming year; to meet with prospective members of the corporation, to to meet with prospective economic investors when asked to do so by the president and to deal with the concerns of the membership.

Officer director etc mailing address Part VI line 9

The principal office for the transaction of the business of the corporation is hereby located at One New Century Parkway, New Century, Kansas and the official mailing address is PO Box 456, Gardner, KS 66030

Conflict of interest policy compliance Part VI line 12C

For any information pertaining to theis matter, the books are in care of Blanka Bellinger

CEO executive director top management comp Part VI line 15A

Except fror the president, who shall be an employee of the corporation, officers shall not recieve any compensation for serving as an officer of the corporation. Officers may be reimbursed for reasonable out-of-pocket expensesincurred in the performance of their duties as officers, such reimbursements be subject to the approval of a majority of the directors. Nothing herein contained shall be costrued to preclude any officer from serving the corporation in any other capacity as an agent, employee or otherwise, and receiving compensation therefor.

Other officer or key employee compensation Part VI line 15B

There are no other key employees that are compensated

Governing documents etc available to public Part VI line 19

All governing documents are released as inquired for and by the public. Certain yearly documents are made public on teh web site, others will be dispersed at the request of the public.

Filing and Contact Details

Filer

Filer Name
Southwest Johnson Co Economic Developement
EIN
48-1131265
Address
PO BOX 456, GARDNER, KS 66030

Signing Officer

Name
Greg Martinette
Title
Director
Phone
9137646566
Signed
2016-03-10
Discuss with paid preparer
Yes

Organization Details

Formed
2009
Legal Domicile
Ks
Voting Board Members
15
Independent Board Members
0
Employees
1

Preparer

Firm
All American Tax LLC
Address
1829 S RIDGEVIEW RD, Olathe, KS 66062
Preparer
R J Cumley Ea Ctc Rfc Atp
Phone
9137641520
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

CD VALUES

Raw XML Appendix264 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Section 1. Membership. The membership of this corporation shall be composed of two categories, to-wit: governmental and private sector. The founding governmental entities which hold a membership in this corporation shall be the city of Gardner, Kansas, and the Johnson County Airport Commission, an agency of Johnson County, Kansas, both of whom shall contribute annual dues to the corporation. The Gardner-Edgerton-Antioch Unified School District No. 231 shall also hold a membership in the Corporation, however it shall not be required to pay dues so long as it is restricted from doing so by law.The Individual Levels are as follows:Platinum LevelGold LevelSilver LevelBronze Level
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Subject to limitations of the Articles of Incorporation, of the bylaws, and of the Kansas Corporation Code as to action which shall be authorized or approved by members, and subject to the duties of directors as prescribed by the bylaws; all corporate powers shall be exercised by or under of, and the business and affairs of the corporation shall be controlled by the board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS SHALL APPOINT AN EXECUTIVE COMMITTEE TO BE COMPOSED OF THE CHAIRMAN, VICE-CHAIRMAN, SECRETARY/TREASURER AND THE IMMEDIATE PAST CHAIRMAN OF THE CORPORATION. THE IMMEDIATE PAST CHAIRMAN, OR IN HIS ABSENSE, THE CHAIRMAN, SHALL CHAIR SAID COMMITTEE. THE PRESIDENT SHALL BE AN EX-OFFICIO MEMBER OF THE COMMITTEE. THE DUTIES OF THE COMMITTEE SHALL INCLUDE, BUT NOT BE LIMITED TO: TO OVERSEE THE OPERATIONS OF THE CORPORATION; TO APPROVE A PLAN OF WORK FOR AND OVERSEE THE WORK OF THE PRESIDENT, TO OVERSEE THE CURRENT BUDGET AND APPROVE A PROPOSED BUDGET FOR THE UPCOMING YEAR; TO MEET WITH PROSPECTIVE MEMBERS OF THE CORPORATION, TO TO MEET WITH PROSPECTIVE ECONOMIC INVESTORS WHEN ASKED TO DO SO BY THE PRESIDENT AND TO DEAL WITH THE CONCERNS OF THE MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The principal office for the transaction of the business of the corporation is hereby located at One New Century Parkway, New Century, Kansas and the official mailing address is PO Box 456, Gardner, KS 66030
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4For any information pertaining to theis matter, the books are in care of Blanka Bellinger
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Except fror the president, who shall be an employee of the corporation, officers shall not recieve any compensation for serving as an officer of the corporation. Officers may be reimbursed for reasonable out-of-pocket expensesincurred in the performance of their duties as officers, such reimbursements be subject to the approval of a majority of the directors. Nothing herein contained shall be costrued to preclude any officer from serving the corporation in any other capacity as an agent, employee or otherwise, and receiving compensation therefor.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6There are no other key employees that are compensated
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7All governing documents are released as inquired for and by the public. Certain yearly documents are made public on teh web site, others will be dispersed at the request of the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8CD VALUES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Officer director etc mailing address Part VI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Explanation of other changes in net assets or fund balances Part XI line 9
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ReturnHeader/BuildTS02016-09-27 15:27:22Z
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461835335
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ALL AMERICAN TAX LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01829 S RIDGEVIEW RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Olathe
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd066062
ReturnHeader/PreparerPersonGrp/PhoneNum09137641520
ReturnHeader/PreparerPersonGrp/PreparationDt02016-03-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0R J CUMLEY EA CTC RFC ATP
ReturnHeader/ReturnTs02016-03-10T12:56:54-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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