Civic Intelligence

Western Economic Development Org

990EZ • Fiscal year 2015 • EIN 56-0953427

Jul 01, 2014 to Jun 30, 2015 • Filed on Aug 08, 2015

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

92nd percentile

0.75x

Higher debt load relative to assets than 92% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

70th percentile

0.02x

Higher debt load relative to revenue than 70% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

28th percentile

-6.2%

Higher net margin than 28% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

6th percentile

-66%

Faster asset growth than 6% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

63rd percentile

9.8%

Faster revenue growth than 63% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Down

$3,319

Down $6,554 (-66%) from 2014

Net Assets

Down

$827

Down $6,243 (-88%) from 2014

Liabilities

Down

$2,492

Down $311 (-11%) from 2014

Revenue And Expenses
Liabilities / Revenue70th percentileNet Margin28th percentile

Revenue

Up

$101,066

Up $8,982 (+9.8%) from 2014

Expenses

Up

$107,309

Up $21,019 (+24%) from 2014

Net Income

Down

-$6,243

Down $12,037 (-208%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth6th 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

2015

Assets$3,319
Liabilities$2,492
Net Assets$827
Open 2015 Filing

Operations Trend

Revenue Growth63rd 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

2015

Revenue$101,066
Expenses$107,309
Net Income-$6,243
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Aug 8, 2015
Return Version
2014v5.0
Gross Receipts
$101,066
Mission and Program Overview

Mission

Economic growth and development

Program Services

DescriptionGrantsExpenses
Provide educational assistance program that will assist low income individuals to complete techincal certificates state certifications or GEDs through local community colleges$101,066$107,181
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

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

Filer

Filer Name
Western Economic Development Org
EIN
56-0953427
Address
144 Industrial Park Drive, Waynesville, NC 28786

Signing Officer

Name
Sharon Henson Laney
Title
Treasurer
Phone
8284527585
Signed
2015-08-08
Discuss with paid preparer
No

Preparer

Firm
Gahagan Black & Associates PLLC
Address
143 Main St, Clyde, NC 28721
Preparer
Robin Greene Black
Phone
8286271040
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountTravel Staff and Board 9,580Office Supplies 4,380Dues 2,503Insurance 1,493Marketing 948Other 2,353Program Services Vocational 34,730Program Services GED 323”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearAccrued Liabilities 2,803 2,492”

Raw XML Appendix138 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/AddressLine1Txt0144 Industrial Park Dr
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Waynesville
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028786
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt09873
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01887
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-6243
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02033
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt09873
IRS990EZ/Form990TotalAssetsGrp/EOYAmt03319
IRS990EZ/GrossReceiptsAmt0101066
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt01432
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt07070
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0827
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt07070
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0827
IRS990EZ/OccupancyRentUtltsAndMaintAmt09226
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 and Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Chairman
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt056310
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Economic growth and development
IRS990EZ/PrintingPublicationsPostageAmt0134
IRS990EZ/ProgramServiceRevenueAmt0101066
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Provide educational assistance program that will assist low income individuals to complete techincal certificates state certifications or GEDs through local community colleges
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0101066
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0107181
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt039606
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02803
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02492
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0107309
IRS990EZ/TotalProgramServiceExpensesAmt0107181
IRS990EZ/TotalRevenueAmt0101066
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0westerneconomicdevelopment.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0101066
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt087689
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt087689
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt087689
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt087578
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0451711
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt04395
IRS990ScheduleA/OtherIncome170Grp/TotalAmt04395
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99040
IRS990ScheduleA/PublicSupportPY170Pct00.99000
IRS990ScheduleA/PublicSupportTotal170Amt0451711
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0101066
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt087689
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt087689
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt087689
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt087578
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0451711
IRS990ScheduleA/TotalSupportAmt0456106
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountTravel Staff and Board 9,580Office Supplies 4,380Dues 2,503Insurance 1,493Marketing 948Other 2,353Program Services Vocational 34,730Program Services GED 323
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearAccrued Liabilities 2,803 2,492
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of total liabilities Part II line 26
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Sharon Henson Laney
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum08284527585
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-08-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Western Economic Development Org
ReturnHeader/Filer/BusinessNameControlTxt0WEST
ReturnHeader/Filer/EIN0560953427
ReturnHeader/Filer/USAddress/AddressLine1Txt0144 Industrial Park Drive
ReturnHeader/Filer/USAddress/CityNm0Waynesville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028786
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0800695970
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Gahagan Black & Associates PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0143 Main St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Clyde
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028721
ReturnHeader/PreparerPersonGrp/PhoneNum08286271040
ReturnHeader/PreparerPersonGrp/PreparationDt02015-08-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Robin Greene Black
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02015-08-11T08:29:33-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,319
Liabilities
$2,492
Net assets
$827
Revenue
$101,066
Expenses
$107,309
Net income
-$6,243
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