Civic Intelligence

Economic Development Partnership

990 • Fiscal year 2012 • EIN 57-0787606

Jul 01, 2011 to Jun 30, 2012 • Filed on Feb 05, 2013

PO Box 170829802
Siviq Scores

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

Liabilities / Assets

18th percentile

0.02x

Higher debt load relative to assets than 18% of similar nonprofits.

2012 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

82nd percentile

17%

Faster asset growth than 82% of similar nonprofits.

2012 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$3,757,930

Up $539,131 (+17%) from 2011

Net Assets

Up

$3,690,994

Up $520,857 (+16%) from 2011

Liabilities

Up

$66,936

Up $18,274 (+38%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$1,431,077

Down $397,960 (-22%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $3,218,799Liabilities 2011: $48,662Net Assets 2011: $3,170,1372011Assets 2012: $3,757,930Liabilities 2012: $66,936Net Assets 2012: $3,690,9942012Assets 2013: $4,510,130Liabilities 2013: $115,271Net Assets 2013: $4,394,8592013Assets 2014: $5,277,053Liabilities 2014: $122,653Net Assets 2014: $5,154,4002014Assets 2015: $9,467,051Liabilities 2015: $4,042,079Net Assets 2015: $5,424,9722015Assets 2016: $9,843,804Liabilities 2016: $4,102,958Net Assets 2016: $5,740,8462016Assets 2017: $9,921,833Liabilities 2017: $3,659,139Net Assets 2017: $6,262,6942017Assets 2018: $9,853,722Liabilities 2018: $3,673,992Net Assets 2018: $6,179,7302018Assets 2019: $9,321,972Liabilities 2019: $2,920,773Net Assets 2019: $6,401,1992019Assets 2020: $9,501,816Liabilities 2020: $2,636,140Net Assets 2020: $6,865,6762020Assets 2021: $5,344,631Liabilities 2021: $114,162Net Assets 2021: $5,230,4692021Assets 2022: $6,749,200Liabilities 2022: $101,375Net Assets 2022: $6,647,8252022Assets 2023: $8,860,760Liabilities 2023: $118,081Net Assets 2023: $8,742,6792023Assets 2024: $9,526,213Liabilities 2024: $118,081Net Assets 2024: $9,408,1322024

Highlighted filing

2012

Assets$3,757,930
Liabilities$66,936
Net Assets$3,690,994

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2011: $2,637,371Expenses 2011: $1,829,037Net Income 2011: $808,3342011Expenses 2012: $1,431,0772012Expenses 2013: $4,438,8342013Revenue 2014: $2,836,644Expenses 2014: $2,077,149Net Income 2014: $759,4952014Revenue 2015: $2,149,116Expenses 2015: $1,878,544Net Income 2015: $270,5722015Revenue 2016: $2,106,573Expenses 2016: $1,886,902Net Income 2016: $219,6712016Revenue 2017: $2,575,877Expenses 2017: $2,054,029Net Income 2017: $521,8482017Revenue 2018: $2,293,132Expenses 2018: $2,376,096Net Income 2018: -$82,9642018Revenue 2019: $2,432,576Expenses 2019: $1,821,107Net Income 2019: $611,4692019Revenue 2020: $2,594,492Expenses 2020: $2,020,015Net Income 2020: $574,4772020Revenue 2021: $2,441,747Expenses 2021: $4,679,575Net Income 2021: -$2,237,8282021Revenue 2022: $4,891,813Expenses 2022: $3,474,457Net Income 2022: $1,417,3562022Revenue 2023: $3,403,695Expenses 2023: $2,316,341Net Income 2023: $1,087,3542023Revenue 2024: $4,910,162Expenses 2024: $4,244,709Net Income 2024: $665,4532024

Highlighted filing

2012

Revenue-
Expenses$1,431,077
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Feb 5, 2013
Return Version
2011v1.2
Gross Receipts
$1,952,175
Mission and Program Overview

Mission

The Economic Development Partnership of Aiken, Edgefield, and Saluda Counties, Inc., d/b/a The Economic Development Partnership (EDP), is a tax-exempt 501(c)(6) organization promoting economic development in the South Carolina counties of Aiken, Edgefield, and Saluda. The Partnership was formed and began operations in 1984.

Filing and Contact Details

Filer

EIN
57-0787606
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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation2THE PARTNERSHIP ADOPTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE STANDARD DID NOT HAVE ANY EFFECT ON THE PARTNERSHIP'S FINANCIAL POSITION OR RESULTS OF OPERATIONS OR CASH FLOWS.
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IRS990ScheduleD/RevenueSubtotal01952175
IRS990ScheduleD/TotalExpenses01431077
IRS990ScheduleD/TotalExpensesPerForm99001431077
IRS990ScheduleD/TotalOfAmounts016587
IRS990ScheduleD/TotalOfBookValueLandBuildings013415
IRS990ScheduleD/TotalRevenue01951934
IRS990ScheduleD/TotalRevenuePerForm99001951934
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt01438818
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt01959675
IRS990/ScheduleJRequired00
IRS990ScheduleO/GeneralExplanation/Explanation0THE ORGANIZATION REPORTS DECISIONS MADE BY AUTHORIZED COMMITTEES TO THE FULL BOARD AT THE NEXT AVAILABLE BOARD MEETING. DECISIONS MADE BY AUTHORIZED COMMITTEES ARE DOCUMENTED IN THE BOARD MINUTES AT THIS TIME. THE ORGANIZATION DOES NOT BELIEVE IT IS BENEFICIAL TO MAINTAIN SEPARATE DOCUMENTATION OF THE AUTHORIZED COMMITTEES' MEETINGS.
IRS990ScheduleO/GeneralExplanation/Explanation1THE ORGANIZATION DOES NOT CURRENTLY BELIEVE IT IS BENEFICIAL TO PROVIDE THE FORM 990 TO THE ORGANIZATION'S BOARD PRIOR TO FILING THE RETURN WITH THE INTERNAL REVENUE SERVICE. THE EXECUTIVE DIRECTOR REVIEWS THE FORM 990 AS IT IS RECEIVED FROM THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM. ONCE THE FORM 990 PASSES THIS FIRST REVIEW, THE RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE. AFTER THE RETURN IS FILED, THE RETURN IS MADE AVAILABLE TO MEMBERS OF THE BOARD.
IRS990ScheduleO/GeneralExplanation/Explanation2FREQUENT VERBAL DISCUSSIONS WITH CHAIRMAN OF THE BOARD PERTAINING TO AREAS OF POSSIBLE CONFLICT
IRS990ScheduleO/GeneralExplanation/Explanation3THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S EXEUCTIVE DIRECTOR IS AS FOLLOWS: THE CHAIRMAN OF THE BOARD MAKES A RECOMMENDATION TO THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS GIVES FINAL APPROVAL. THE EXEUCTIVE DIRECTOR IS NOT AT THIS MEETING OR IN THIS DISCUSSION. THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S OFFICERS INCLUDES REGULAR AND FREQUENT BOARD MEETINGS TO DISCUSS POLICY AND PROCEDURES AND AN ANNUAL APPROVAL OF THE STAFF'S PROGRAM OF WORK.
IRS990ScheduleO/GeneralExplanation/Explanation4THE ORGANIZATION DOES NOT BELIEVE IT IS BENEFICIAL TO PROVIDE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATMEMENTS TO THE PUBLIC. THE ORGANIZATION BELIEVES IT IS SATISFACTORY TO MAKE THE FORM 990 AND FORM 1023 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation5THE ORGANIZATION USES A MODIFIED ACCRUAL METHOD OF ACCOUNTING.
IRS990ScheduleO/GeneralExplanation/Identifier0OTHER METHOD OF ACCOUNTING
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990 PART XI LINE 1
IRS990/ScheduleORequired01
IRS990/School00

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.53$0.12$9.41$4.91$4.24$0.67
2023Detailed filing. Detailed filing data is available for this year.$8.86$0.12$8.74$3.40$2.32$1.09
2022Detailed filing. Detailed filing data is available for this year.$6.75$0.10$6.65$4.89$3.47$1.42
2021Detailed filing. Detailed filing data is available for this year.$5.34$0.11$5.23$2.44$4.68$2.24
2020Detailed filing. Detailed filing data is available for this year.$9.50$2.64$6.87$2.59$2.02$0.57
2019Detailed filing. Detailed filing data is available for this year.$9.32$2.92$6.40$2.43$1.82$0.61
2018Detailed filing. Detailed filing data is available for this year.$9.85$3.67$6.18$2.29$2.38$0.08
2017Detailed filing. Detailed filing data is available for this year.$9.92$3.66$6.26$2.58$2.05$0.52
2016Detailed filing. Detailed filing data is available for this year.$9.84$4.10$5.74$2.11$1.89$0.22
2015Detailed filing. Detailed filing data is available for this year.$9.47$4.04$5.42$2.15$1.88$0.27
2014Detailed filing. Detailed filing data is available for this year.$5.28$0.12$5.15$2.84$2.08$0.76
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.51$0.12$4.39$4.44
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.76$0.07$3.69$1.43
2011Summary only. Only limited summary data is available for this year.$3.22$0.05$3.17$2.64$1.83$0.81