Civic Intelligence

Mineral County Industrial Dev Corp

990 • Fiscal year 2014 • EIN 55-6024661

Jun 01, 2013 to May 31, 2014 • Filed on Jun 30, 2014

Organization Profile
Rr 5 Box 14626726

(304) 788-0318

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

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

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

19th percentile

0.00x

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

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Net Margin

1st percentile

-96%

Higher net margin than 1% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Asset Growth

37th percentile

-0.2%

Faster asset growth than 37% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

12th percentile

-12%

Faster revenue growth than 12% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets19th percentile

Assets

Down

$809,524

Down $1,378 (-0.2%) from 2013

Net Assets

Down

$809,524

Down $1,378 (-0.2%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue And Expenses
Liabilities / Revenue19th percentileNet Margin1st percentile

Revenue

Down

$1,430

Down $191 (-12%) from 2013

Expenses

Down

$2,808

Down $1,966 (-41%) from 2013

Net Income

Up

-$1,378

Up $1,775 (+56%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth37th percentile

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

$1.0M$500K$0Assets 2012: $814,055Liabilities 2012: $0Net Assets 2012: $814,0552012Assets 2013: $810,902Liabilities 2013: $0Net Assets 2013: $810,9022013Assets 2014: $809,524Liabilities 2014: $0Net Assets 2014: $809,5242014Assets 2015: $0Liabilities 2015: $0Net Assets 2015: $02015

Highlighted filing

2014

Assets$809,524
Liabilities$0
Net Assets$809,524
Open 2014 Filing

Operations Trend

Revenue Growth12th percentile

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

$10K$5.0K$0-$5.0KRevenue 2012: $1,806Expenses 2012: $5,478Net Income 2012: -$3,6722012Revenue 2013: $1,621Expenses 2013: $4,774Net Income 2013: -$3,1532013Revenue 2014: $1,430Expenses 2014: $2,808Net Income 2014: -$1,3782014Revenue 2015: $1,321Expenses 2015: $1,116Net Income 2015: $2052015

Highlighted filing

2014

Revenue$1,430
Expenses$2,808
Net Income-$1,378
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2013 to May 31, 2014
Signed
Jun 30, 2014
Return Version
2013v3.1
Gross Receipts
$1,430
Mission and Program Overview

Mission

Promote economic development

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$643,106$643,106→ $0
Other Notes and Loans Receivable, Net$87,497$83,932▼ $3,565
Savings and Temporary Cash Investments$80,299$82,486▲ $2,187
Total Assets$810,902$809,524▼ $1,378
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$810,902$809,524▼ $1,378
Total Net Assets Fund Balance$810,902$809,524▼ $1,378
Total Liabilities and Net Assets / Fund Balance$810,902$809,524▼ $1,378

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$565,165--
Compensation and Service Providers
Top Officer Pay37th percentile

Board Members and Trustees

NameTitle
Jack BarrPresident
Douglas HainesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$1,430
Other Revenue
$0
Change in Net Assets
$-1,378
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,808
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-$1,600-$1,600
Fees for Services Accounting-$625-$625
Office Expenses-$33-$33
Total Functional Expenses$0$2,808$0$2,808
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
In-house lobbying only
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

“The form 990 is signed and submitted without review by the full board of directors.”

Governing documents etc available to public Part VI line 19

“Documents are made available upon request.”

Filing and Contact Details

Filer

EIN
55-6024661

Signing Officer

Name
Jack Barr
Title
President
Phone
3047880318
Signed
2014-06-30
Discuss with paid preparer
Yes

Organization Details

Formed
1964
Legal Domicile
Wv
Voting Board Members
2
Independent Board Members
2
Employees
0
Volunteers
2

Preparer

Preparer
Timothy D Rollins
Phone
3047883345
Raw XML Appendix236 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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IRS990/ReconcilationRevenueExpnssAmt0-1378
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ReturnHeader/BuildTS02015-11-30 17:44:51Z
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$809,524
Liabilities
$0
Net assets
$809,524
Revenue
$1,430
Expenses
$2,808
Net income
-$1,378
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.01$0.01$0.00
2014Detailed filing. Detailed filing data is available for this year.$8.10$0.00$8.10$0.01$0.03$0.01
2013Summary only. Only limited summary data is available for this year.$8.11$0.00$8.11$0.02$0.05$0.03
2012Summary only. Only limited summary data is available for this year.$8.14$0.00$8.14$0.02$0.05$0.04