Civic Intelligence

Worth Co-Sylvester Chamber of Commerce

990 • Fiscal year 2019 • EIN 58-1458098

Jan 01, 2019 to Dec 31, 2019 • Filed on Jan 21, 2020

PO Box 768Sylvester, GA 31791

(229) 776-7718

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.00x

Higher debt load relative to assets than 52% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

55th percentile

0.01x

Higher debt load relative to revenue than 55% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Net Margin

68th percentile

10%

Higher net margin than 68% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Top Officer Pay

71st percentile

$1,600

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Asset Growth

55th percentile

5.4%

Faster asset growth than 55% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

57th percentile

4.0%

Faster revenue growth than 57% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$188,859

Up $9,740 (+5.4%) from 2018

Net Assets

Up

$187,929

Up $10,078 (+5.7%) from 2018

Liabilities

Down

$930

Down $338 (-27%) from 2018

Revenue

Up

$113,308

Up $4,308 (+4.0%) from 2018

Expenses

Up

$101,752

Up $4,025 (+4.1%) from 2018

Net Income

Up

$11,556

Up $283 (+2.5%) from 2018

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $101,345Liabilities 2011: $2,796Net Assets 2011: $98,5492011Assets 2012: $112,218Liabilities 2012: $723Net Assets 2012: $111,4952012Assets 2013: $124,503Liabilities 2013: $593Net Assets 2013: $123,9102013Assets 2014: $138,583Liabilities 2014: $767Net Assets 2014: $137,8162014Assets 2015: $143,586Liabilities 2015: $7Net Assets 2015: $143,5792015Assets 2016: $153,062Liabilities 2016: $1,246Net Assets 2016: $151,8162016Assets 2017: $166,417Liabilities 2017: $197Net Assets 2017: $166,2202017Assets 2018: $179,119Liabilities 2018: $1,268Net Assets 2018: $177,8512018Assets 2019: $188,859Liabilities 2019: $930Net Assets 2019: $187,9292019Assets 2020: $203,329Liabilities 2020: $10,604Net Assets 2020: $192,7252020Assets 2021: $204,556Liabilities 2021: $11,762Net Assets 2021: $192,7942021Assets 2022: $211,109Liabilities 2022: $12,062Net Assets 2022: $199,0472022Assets 2023: $192,756Liabilities 2023: $10,263Net Assets 2023: $182,4932023Assets 2024: $169,160Liabilities 2024: $12,580Net Assets 2024: $156,5802024

Highlighted filing

2019

Assets$188,859
Liabilities$930
Net Assets$187,929

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2011: $111,704Expenses 2011: $111,429Net Income 2011: $2752011Expenses 2012: $70,4602012Revenue 2013: $89,180Expenses 2013: $76,965Net Income 2013: $12,2152013Revenue 2014: $85,814Expenses 2014: $71,908Net Income 2014: $13,9062014Revenue 2015: $85,682Expenses 2015: $81,227Net Income 2015: $4,4552015Revenue 2016: $100,663Expenses 2016: $92,236Net Income 2016: $8,4272016Revenue 2017: $116,592Expenses 2017: $101,604Net Income 2017: $14,9882017Revenue 2018: $109,000Expenses 2018: $97,727Net Income 2018: $11,2732018Revenue 2019: $113,308Expenses 2019: $101,752Net Income 2019: $11,5562019Revenue 2020: $101,264Expenses 2020: $94,741Net Income 2020: $6,5232020Revenue 2021: $110,695Expenses 2021: $111,962Net Income 2021: -$1,2672021Revenue 2022: $125,241Expenses 2022: $122,920Net Income 2022: $2,3212022Revenue 2023: $123,419Expenses 2023: $128,077Net Income 2023: -$4,6582023Revenue 2024: $143,404Expenses 2024: $168,098Net Income 2024: -$24,6942024

Highlighted filing

2019

Revenue$113,308
Expenses$101,752
Net Income$11,556
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jan 21, 2020
Return Version
2019v5.0
Gross Receipts
$138,542
Mission and Program Overview

Mission

The chamber provides activities for members and the general public to advertise local businesses and educate the public on activities and services provided by business members. The chamber of commerce provides services to local businesses and local governments for business development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$177,851$187,929▲ $10,078
Cash and Non-Interest-Bearing Accounts$79,536$84,272▲ $4,736
Land, Buildings, and Equipment, Net$74,269$72,938▼ $1,331
Savings and Temporary Cash Investments$25,331$30,386▲ $5,055
Accounts Receivable$-117--
Total Assets$179,119$188,859▲ $9,740
Other Assets Total$100$1,263▲ $1,163
Liabilities
Other Liabilities$1,268$930▼ $338
Total Liabilities$1,268$930▼ $338
Net Assets / Fund Balance
Total Net Assets Fund Balance$177,851$187,929▲ $10,078
Total Liabilities and Net Assets / Fund Balance$179,119$188,859▲ $9,740

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$32,938$45,591$78,529
Land$40,000-$40,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Karen RackleyPresidentFT$1,600$1,600

Board Members and Trustees

NameTitle
Gina ConnellChairman
Tony BellPast Chairma
Jay CroweVice Chairma
Becky GeerBoard Member
Camille TaylorBoard Member
Chris ShippBoard Member
Jean BrooksBoard Member
John McphaulBoard Member
Johnny BryanBoard Member
Lisa DylinskiBoard Member
Shelly McphaulBoard Member
Sherry CurryBoard Member
Virginia AcordBoard Member
Sarah MccrarySecretary
Debbie BridgesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5,110
Program Service Revenue
$110,547
Investment Income
$125
Other Revenue
$-2,474
Change in Net Assets
$11,556
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$65,695
Salaries, Compensation, and Employee Benefits$36,057
Total Fundraising Expense$946
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$27,596$3,101$311$31,008
Other Salaries and Wages$26,990$3,033$303$30,326
Advertising$8,196$921$92$9,209
Payroll Taxes$5,100$574$57$5,731
Insurance$3,628$408$41$4,077
Occupancy$2,020$170$17$2,207
Depreciation Depletion$1,203$116$12$1,331
All Other Expenses$1,063$138$14$1,215
Other Expenses$807$91$9$907
Fees for Services Accounting$707$80$8$795
Total Functional Expenses$91,357$9,449$946$101,752
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$25,234
Fundraising Gross Income$22,745
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Farmers Appreci$12,210$12,210-$12,210
Annual Dinner R$10,535$10,535-$10,535
Total Events$27,855$22,745$25,234$-2,489
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Fica$360
Suta$273
Federal Withholding Payable$118
Fica Hi$84
Ga Withholding Payable$63
Futa$29
Direct Deposit Liabilities$3
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The chamber's form 990 is presented to the board of directors at a monthly meeting in which the form is reviewed and approved by the board prior to filing the return.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Worth Co-sylvester Chamber of
EIN
58-1458098
Phone
2297767718
Address
PO BOX 768, SYLVESTER, GA 31791

Signing Officer

Name
Karen Rackley
Title
President
Phone
2297767718
Signed
2020-01-21

Organization Details

Principal Officer
Karen Rackley
Formed
1983
Legal Domicile
Ga
Voting Board Members
14
Independent Board Members
14
Employees
6
Volunteers
42

Preparer

Firm
Hudson & Nesmith Cpas & Advisors
Address
111 N MAIN STREET, SYLVESTER, GA 31791
Preparer
Ronald D Hudson
Phone
2297763311
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The chamber provides activities for members and the general public to advertise local businesses and educate the public on activities and services provided by business members. The chamber of commerce provides services to local businesses and local governments for business development.

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IRS990/OtherExpensesGrp/ProgramServicesAmt23195
IRS990/OtherExpensesGrp/ProgramServicesAmt3807
IRS990/OtherExpensesGrp/TotalAmt06777
IRS990/OtherExpensesGrp/TotalAmt14579
IRS990/OtherExpensesGrp/TotalAmt23590
IRS990/OtherExpensesGrp/TotalAmt3907
IRS990/OtherLiabilitiesGrp/BOYAmt01268
IRS990/OtherLiabilitiesGrp/EOYAmt0930
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0303
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt03033
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt026990
IRS990/OtherSalariesAndWagesGrp/TotalAmt030326
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt057
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0574
IRS990/PayrollTaxesGrp/ProgramServicesAmt05100
IRS990/PayrollTaxesGrp/TotalAmt05731
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0KAREN RACKLEY
IRS990/PriorPeriodAdjustmentsAmt0-1478
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP
IRS990/ProgramServiceRevenueGrp/Desc1CITY OF SYLVESTER
IRS990/ProgramServiceRevenueGrp/Desc2SYLVESTER HOTEL/MOTEL TAX
IRS990/ProgramServiceRevenueGrp/Desc3CHAMBER ANNEX RENTAL
IRS990/ProgramServiceRevenueGrp/Desc4ADMIN INCOME
IRS990/ProgramServiceRevenueGrp/ExclusionAmt051750
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt020000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt113282
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt26500
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt35765
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt051750
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt120000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt213282
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt36500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt45765
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02615
IRS990/PYInvestmentIncomeAmt0129
IRS990/PYOtherExpensesAmt063459
IRS990/PYOtherRevenueAmt0-1626
IRS990/PYProgramServiceRevenueAmt0107882
IRS990/PYRevenuesLessExpensesAmt011273
IRS990/PYSalariesCompEmpBnftPaidAmt034268
IRS990/PYTotalExpensesAmt097727
IRS990/PYTotalRevenueAmt0109000
IRS990/ReconcilationRevenueExpnssAmt011556
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0177851
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0187929
IRS990/SavingsAndTempCashInvstGrp/BOYAmt025331
IRS990/SavingsAndTempCashInvstGrp/EOYAmt030386
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleD/LandGrp/BookValueAmt040000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt040000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt032938
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt045591
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt078529
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0360
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1273
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2118
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt384
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt463
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt529
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt63
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FICA
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SUTA
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2FEDERAL WITHHOLDING PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3FICA HI
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4GA WITHHOLDING PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5FUTA
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6DIRECT DEPOSIT LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt072938
IRS990ScheduleD/TotalLiabilityAmt0930
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt05110
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt05110
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt025234
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FARMERS APPRECI
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0ANNUAL DINNER R
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt011135
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt010536
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt021671
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt012210
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt010535
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt05110
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt027855
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt012210
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt010535
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt022745
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-2489
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt03563
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt03563
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CHAMBER PROVIDES ACTIVITIES FOR MEMBERS AND THE GENERAL PUBLIC TO ADVERTISE LOCAL BUSINESSES AND EDUCATE THE PUBLIC ON ACTIVITIES AND SERVICES PROVIDED BY BUSINESS MEMBERS. THE CHAMBER OF COMMERCE PROVIDES SERVICES TO LOCAL BUSINESSES AND LOCAL GOVERNMENTS FOR BUSINESS DEVELOPMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CHAMBER'S FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS AT A MONTHLY MEETING IN WHICH THE FORM IS REVIEWED AND APPROVED BY THE BOARD PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0179119
IRS990/TotalAssetsEOYAmt0188859
IRS990/TotalAssetsGrp/BOYAmt0179119
IRS990/TotalAssetsGrp/EOYAmt0188859
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt05110
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0946
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09449
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt091357
IRS990/TotalFunctionalExpensesGrp/TotalAmt0101752
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01268
IRS990/TotalLiabilitiesEOYAmt0930
IRS990/TotalLiabilitiesGrp/BOYAmt01268
IRS990/TotalLiabilitiesGrp/EOYAmt0930
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0177851
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0187929
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt013250
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt013250
IRS990/TotalProgramServiceExpensesAmt091357
IRS990/TotalProgramServiceRevenueAmt0110547
IRS990/TotalReportableCompFromOrgAmt01600
IRS990/TotalRevenueGrp/ExclusionAmt049276
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt058922
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0113308
IRS990/TotalVolunteersCnt042

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.69$0.13$1.57$1.43$1.68$0.25
2023Detailed filing. Detailed filing data is available for this year.$1.93$0.10$1.82$1.23$1.28$0.05
2022Detailed filing. Detailed filing data is available for this year.$2.11$0.12$1.99$1.25$1.23$0.02
2021Detailed filing. Detailed filing data is available for this year.$2.05$0.12$1.93$1.11$1.12$0.01
2020Detailed filing. Detailed filing data is available for this year.$2.03$0.11$1.93$1.01$0.95$0.07
2019Detailed filing. Detailed filing data is available for this year.$1.89$0.01$1.88$1.13$1.02$0.12
2018Detailed filing. Detailed filing data is available for this year.$1.79$0.01$1.78$1.09$0.98$0.11
2017Detailed filing. Detailed filing data is available for this year.$1.66$0.00$1.66$1.17$1.02$0.15
2016Detailed filing. Detailed filing data is available for this year.$1.53$0.01$1.52$1.01$0.92$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.44$0.00$1.44$0.86$0.81$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.39$0.01$1.38$0.86$0.72$0.14
2013Detailed filing. Detailed filing data is available for this year.$1.25$0.01$1.24$0.89$0.77$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.01$1.11$0.70
2011Summary only. Only limited summary data is available for this year.$1.01$0.03$0.99$1.12$1.11$0.00