Civic Intelligence

Western Economic Development Org

990EZ • Fiscal year 2014 • EIN 56-0953427

Jul 01, 2013 to Jun 30, 2014 • Filed on Oct 30, 2014

Organization Profilewesterneconomicdevelopment.org
144 Industrial Park DriveWaynesville, NC 28786

(828) 452-7585

Siviq Scores

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

Liabilities / Assets

84th percentile

0.28x

Higher debt load relative to assets than 84% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

71st percentile

0.03x

Higher debt load relative to revenue than 71% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

57th percentile

6.3%

Higher net margin than 57% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

94th percentile

171%

Faster asset growth than 94% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

55th percentile

5.0%

Faster revenue growth than 55% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets84th percentile

Assets

Up

$9,873

Up $6,225 (+171%) from 2013

Net Assets

$7,070

No earlier filing loaded for comparison.

Liabilities

Up

$2,803

Up $431 (+18%) from 2013

Revenue And Expenses
Liabilities / Revenue71st percentileNet Margin57th percentile

Revenue

Up

$92,084

Up $4,395 (+5.0%) from 2013

Expenses

Down

$86,290

Down $1,399 (-1.6%) from 2013

Net Income

Up

$5,794

Up $5,794 from 2013

Historical Trend

Balance Sheet Trend

Asset Growth94th percentile

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

$10K$5.0K$0-$5.0KAssets 2011: $4,411Liabilities 2011: $3,4602011Assets 2012: $3,274Liabilities 2012: $2,3232012Assets 2013: $3,648Liabilities 2013: $2,3722013Assets 2014: $9,873Liabilities 2014: $2,803Net Assets 2014: $7,0702014Assets 2015: $3,319Liabilities 2015: $2,492Net Assets 2015: $8272015Assets 2016: $3,472Liabilities 2016: $2,490Net Assets 2016: $9822016Assets 2017: $3,868Liabilities 2017: $7,542Net Assets 2017: -$3,6742017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2014

Assets$9,873
Liabilities$2,803
Net Assets$7,070
Open 2014 Filing

Operations Trend

Revenue Growth55th percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $87,578Expenses 2011: $85,578Net Income 2011: $2,0002011Revenue 2012: $87,689Expenses 2012: $87,689Net Income 2012: $02012Revenue 2013: $87,689Expenses 2013: $87,689Net Income 2013: $02013Revenue 2014: $92,084Expenses 2014: $86,290Net Income 2014: $5,7942014Revenue 2015: $101,066Expenses 2015: $107,309Net Income 2015: -$6,2432015Revenue 2016: $108,895Expenses 2016: $111,455Net Income 2016: -$2,5602016Revenue 2017: $97,138Expenses 2017: $101,794Net Income 2017: -$4,6562017Revenue 2018: $142,584Expenses 2018: $134,413Net Income 2018: $8,1712018

Highlighted filing

2014

Revenue$92,084
Expenses$86,290
Net Income$5,794
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Oct 30, 2014
Return Version
2013v3.1
Gross Receipts
$92,084
Mission and Program Overview

Mission

Economic growth and development

Program Services

DescriptionGrantsExpenses
Provided financial support planning and coordination to First Step Farm a substance abuse facility that provides a work therapy program-$87,689
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lynn EnglishMonitor-$0--
Sharon Henson LaneyVich Chairman-$0--
Rebecca Carson MosesSecretary-$0--
Dr Roger HiggsChairman-$0--
Filing and Contact Details

Filer

EIN
56-0953427

Signing Officer

Name
Sharon Henson Laney
Title
Treasurer
Phone
8284527585
Signed
2014-10-30
Discuss with paid preparer
No

Preparer

Preparer
Sheila Gahagan CPA
Phone
8286271040
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description AmountMiscellaneous Revenue 4,395”

Description of other expenses Part I line 16

“Description AmountTravel 9,414Office Supplies 1,296Dues 2,825Insurance 1,220Marketing 8,795Other 1,250”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearAccrued Liabilities 2,372 2,803”

Raw XML Appendix143 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Mary Ann Morgan
IRS990EZ/BooksInCareOfDetail/PhoneNum08284527585
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine10144 Industrial Park Drive
IRS990EZ/BooksInCareOfDetail/USAddress/City0Waynesville
IRS990EZ/BooksInCareOfDetail/USAddress/State0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode028786
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt03648
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt09873
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt087689
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt05794
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01720
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt03648
IRS990EZ/Form990TotalAssetsGrp/EOYAmt09873
IRS990EZ/GrossReceiptsAmt092084
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01276
IRS990EZ/NetAssetsOrFundBalancesEOYAmt07070
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01276
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt07070
IRS990EZ/OccupancyRentUtltsAndMaintAmt017068
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Lynn English
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Sharon Henson Laney
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Rebecca Carson Moses
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Dr Roger Higgs
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Monitor
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vich Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Chairman
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt024800
IRS990EZ/OtherRevenueTotalAmt04395
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Economic growth and development
IRS990EZ/PrintingPublicationsPostageAmt0383
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Provided financial support planning and coordination to First Step Farm a substance abuse facility that provides a work therapy program
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt087689
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt042319
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02372
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02803
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt086290
IRS990EZ/TotalProgramServiceExpensesAmt087689
IRS990EZ/TotalRevenueAmt092084
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0westerneconomicdevelopment.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt087689
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt087689
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt087689
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt087578
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt087663
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0438308
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt04395
IRS990ScheduleA/OtherIncome170Grp/TotalAmt04395
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99010
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0438308
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt087689
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt087689
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt087689
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt087578
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt087663
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0438308
IRS990ScheduleA/TotalSupportAmt0442703
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountMiscellaneous Revenue 4,395
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountTravel 9,414Office Supplies 1,296Dues 2,825Insurance 1,220Marketing 8,795Other 1,250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearAccrued Liabilities 2,372 2,803
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Sharon Henson Laney
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum08284527585
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-10-30
ReturnHeader/Filer/BusinessName/BusinessNameLine10Western Economic Development Org
ReturnHeader/Filer/BusinessNameControlTxt0WEST
ReturnHeader/Filer/EIN0560953427
ReturnHeader/Filer/USAddress/AddressLine10144 Industrial Park Drive
ReturnHeader/Filer/USAddress/City0Waynesville
ReturnHeader/Filer/USAddress/State0NC
ReturnHeader/Filer/USAddress/ZIPCode028786
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0800695970
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10Gahagan Black and Associates PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10143 Main St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0Clyde
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode028721
ReturnHeader/PreparerPersonGrp/PhoneNum08286271040
ReturnHeader/PreparerPersonGrp/PreparationDt02014-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Sheila Gahagan CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02014-11-13T09:59:19-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$9,873
Liabilities
$2,803
Net assets
$7,070
Revenue
$92,084
Expenses
$86,290
Net income
$5,794
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$1.43$1.34$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.04$0.08$0.04$0.97$1.02$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.03$0.02$0.01$1.09$1.11$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.03$0.02$0.01$1.01$1.07$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.10$0.03$0.07$0.92$0.86$0.06
2013Summary only. Only limited summary data is available for this year.$0.04$0.02$0.88$0.88$0.00
2012Summary only. Only limited summary data is available for this year.$0.03$0.02$0.88$0.88$0.00
2011Summary only. Only limited summary data is available for this year.$0.04$0.03$0.88$0.86$0.02