Civic Intelligence

Western Economic Development Org

990EZ • Fiscal year 2016 • EIN 56-0953427

Jul 01, 2015 to Jun 30, 2016 • Filed on Aug 04, 2016

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

0.72x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

69th percentile

0.02x

Higher debt load relative to revenue than 69% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

35th percentile

-2.4%

Higher net margin than 35% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

55th percentile

4.6%

Faster asset growth than 55% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

61st percentile

7.7%

Faster revenue growth than 61% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$3,472

Up $153 (+4.6%) from 2015

Net Assets

Up

$982

Up $155 (+19%) from 2015

Liabilities

Down

$2,490

Down $2 (-0.1%) from 2015

Revenue

Up

$108,895

Up $7,829 (+7.7%) from 2015

Expenses

Up

$111,455

Up $4,146 (+3.9%) from 2015

Net Income

Up

-$2,560

Up $3,683 (+59%) from 2015

Historical Trend

Balance Sheet Trend

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

2016

Assets$3,472
Liabilities$2,490
Net Assets$982

Operations Trend

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

2016

Revenue$108,895
Expenses$111,455
Net Income-$2,560
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Aug 4, 2016
Return Version
2015v2.1
Gross Receipts
$108,895
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$108,895-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lynn EnglishMonitor-$0--
Sharon Henson LaneyVice Chairman And Treasurer-$0--
Rebecca Carson MosesSecretary-$0--
Roger HiggsChairman-$0--
Jimmy RogersBoard Member-$0--
Sara LanningBoard Member-$0--
Tim McCraryBoard Member-$0--
Ed PeavlerBoard Member-$0--
Claudette BurstonBoard Member-$0--
Spears AlexanderBoard Member-$0--
Patricia SmithBoard Member-$0--
Patti TiberiBoard Member-$0--
Duska RobertsBoard Member-$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
2016-08-04
Discuss with paid preparer
No

Preparer

Firm
Robin G Black CPA
Address
165 Park St, Canton, NC 28716
Preparer
Robin G Black
Phone
8284920599
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description AmountTravel Staff and Board 9,771Office Supplies 2,530Dues 4,984Insurance 1,778Utilities 3,744Other 2,384Program Services Vocational 32,154Program Services GED 276

Description of other assets Part II line 24

Category Beginning of Year End of YearPrepaid Expenses 1,866 0

Description of total liabilities Part II line 26

Category Beginning of Year End of YearAccrued Liabilities 2,492 2,490

Raw XML Appendix194 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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IRS990EZ/OrganizationHadUBIInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountTravel Staff and Board 9,771Office Supplies 2,530Dues 4,984Insurance 1,778Utilities 3,744Other 2,384Program Services Vocational 32,154Program Services GED 276
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearPrepaid Expenses 1,866 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearAccrued Liabilities 2,492 2,490
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Sharon Henson Laney
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum08284527585
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-08-04
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/PreparerFirmEIN0463018840
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Robin G Black CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0165 Park St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Canton
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028716
ReturnHeader/PreparerPersonGrp/PhoneNum08284920599
ReturnHeader/PreparerPersonGrp/PreparationDt02016-08-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Robin G Black
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-08-04T11:59:19-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

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Filings