Civic Intelligence

Tunica County Economic Development Foundation Inc

990EZ • Fiscal year 2015 • EIN 57-1206280

Jan 01, 2015 to Dec 31, 2015 • Filed on May 26, 2016

PO Box 1888Tunica, MS 38676

(662) 363-2865

Siviq Scores

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

Liabilities / Assets

47th percentile

0.00x

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

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

47th percentile

0.00x

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

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Net Margin

92nd percentile

31%

Higher net margin than 92% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

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

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Asset Growth

99th percentile

398%

Faster asset growth than 99% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

91st percentile

42%

Faster revenue growth than 91% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$35,518

Up $28,381 (+398%) from 2014

Net Assets

Up

$35,518

Up $28,381 (+398%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$92,215

Up $27,200 (+42%) from 2014

Expenses

Down

$63,836

Down $25,411 (-28%) from 2014

Net Income

Up

$28,379

Up $52,611 (+217%) from 2014

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2010: $52,299Liabilities 2010: $0Net Assets 2010: $52,2992010Assets 2011: $23,538Liabilities 2011: $0Net Assets 2011: $23,5382011Assets 2012: $58,623Net Assets 2012: $58,6232012Assets 2013: $31,369Liabilities 2013: $0Net Assets 2013: $31,3692013Assets 2014: $7,137Liabilities 2014: $0Net Assets 2014: $7,1372014Assets 2015: $35,518Liabilities 2015: $0Net Assets 2015: $35,5182015Assets 2016: $23,611Liabilities 2016: $0Net Assets 2016: $23,6112016Assets 2017: $93,184Liabilities 2017: $0Net Assets 2017: $93,1842017Assets 2018: $3,153Liabilities 2018: $0Net Assets 2018: $3,1532018Assets 2019: $25,589Liabilities 2019: $0Net Assets 2019: $25,5892019Assets 2020: $26,074Liabilities 2020: $0Net Assets 2020: $26,0742020

Highlighted filing

2015

Assets$35,518
Liabilities$0
Net Assets$35,518

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $211,2512010Revenue 2011: $2,134,503Expenses 2011: $2,163,264Net Income 2011: -$28,7612011Revenue 2012: $100,059Expenses 2012: $64,974Net Income 2012: $35,0852012Revenue 2013: $202,055Expenses 2013: $229,309Net Income 2013: -$27,2542013Revenue 2014: $65,015Expenses 2014: $89,247Net Income 2014: -$24,2322014Revenue 2015: $92,215Expenses 2015: $63,836Net Income 2015: $28,3792015Revenue 2016: $221,867Expenses 2016: $233,774Net Income 2016: -$11,9072016Revenue 2017: $645,127Expenses 2017: $575,554Net Income 2017: $69,5732017Revenue 2018: $224,893Expenses 2018: $314,924Net Income 2018: -$90,0312018Revenue 2019: $167,127Expenses 2019: $144,691Net Income 2019: $22,4362019Revenue 2020: $16,000Expenses 2020: $15,515Net Income 2020: $4852020

Highlighted filing

2015

Revenue$92,215
Expenses$63,836
Net Income$28,379
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 26, 2016
Return Version
2015v2.1
Gross Receipts
$92,215
Mission and Program Overview

Mission

Expand and diversify the industrial and manufacturing market in tunica county.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION AGGRESSIVELY PROMOTES ECONOMIC DEVELOPMENT AND INDUSTRIAL RECRUITMENT, PRIMARILY IN THE MANUFACTURING INDUSTRY.-$41,723
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LYN ARNOLDPresident-$0--
WEBSTER FRANKLINVice Preside-$0--
ADRIAN MCKAYSecretary/Tr-$0--
Filing and Contact Details

Filer

Filer Name
Tunica Co Economic Dev Foundation
EIN
57-1206280
Phone
6623632865
Address
PO BOX 1888, TUNICA, MS 38676

Signing Officer

Name
Lyn Arnold
Title
President
Phone
6623632865
Signed
2016-05-26
Discuss with paid preparer
Yes

Preparer

Firm
Williams Pitts & Beard Pllc
Address
2042 MCINGVALE RD STE A, HERNANDO, MS 38632-8706
Preparer
Roxie F Norris
Phone
6624294436
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses 479 travel 3,033 conferences and conv. 9,771 sponsorship 3,000 other dues 2,818 10 point coalition 5,495 tunica co. Chamber 10,000 projects 1,025 other 350 equipment rental 770 administrative fees 10,000 total 46,741

Form 990-ez, Part III

Expand and diversify the industrial and manufacturing market in tunica county.

Raw XML Appendix101 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/BusinessName/BusinessNameLine1Txt0TUNICA COUNTY ECONOMIC
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine2Txt0DEVELOPMENT FOUNDATION INC
IRS990EZ/BooksInCareOfDetail/PhoneNum06623632865
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 1888
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0TUNICA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MS
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd038676
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt07139
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt035518
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt092204
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt028379
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt017095
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt07139
IRS990EZ/Form990TotalAssetsGrp/EOYAmt035518
IRS990EZ/GrossReceiptsAmt092215
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt011
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt07139
IRS990EZ/NetAssetsOrFundBalancesEOYAmt035518
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt07139
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt035518
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LYN ARNOLD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1WEBSTER FRANKLIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ADRIAN MCKAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY/TR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt046741
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0EXPAND AND DIVERSIFY THE INDUSTRIAL AND MANUFACTURING MARKET IN TUNICA COUNTY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION AGGRESSIVELY PROMOTES ECONOMIC DEVELOPMENT AND INDUSTRIAL RECRUITMENT, PRIMARILY IN THE MANUFACTURING INDUSTRY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt041723
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt063836
IRS990EZ/TotalProgramServiceExpensesAmt041723
IRS990EZ/TotalRevenueAmt092215
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.TUNICACHAMBER.COM
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES 479 TRAVEL 3,033 CONFERENCES AND CONV. 9,771 SPONSORSHIP 3,000 OTHER DUES 2,818 10 POINT COALITION 5,495 TUNICA CO. CHAMBER 10,000 PROJECTS 1,025 OTHER 350 EQUIPMENT RENTAL 770 ADMINISTRATIVE FEES 10,000 TOTAL 46,741
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPAND AND DIVERSIFY THE INDUSTRIAL AND MANUFACTURING MARKET IN TUNICA COUNTY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LYN ARNOLD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06623632865
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TUNICA CO ECONOMIC DEV FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0TUNI
ReturnHeader/Filer/EIN0571206280
ReturnHeader/Filer/PhoneNum06623632865
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1888
ReturnHeader/Filer/USAddress/CityNm0TUNICA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd038676
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0640933806
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WILLIAMS PITTS & BEARD PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02042 MCINGVALE RD STE A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HERNANDO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0386328706
ReturnHeader/PreparerPersonGrp/PhoneNum06624294436
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROXIE F NORRIS
ReturnHeader/ReturnTs02016-05-27T16:28:49-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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