Amicalola Emc Trust Inc

990EZ • Fiscal year 2018 • EIN 58-6383300

Jan 01, 2018 to Dec 31, 2018 • Filed on Feb 15, 2019

Organization Profile SEE SCHEDULE O

544 Highway 515 SouthJasper, GA 30143

(706) 692-6471

Siviq Scores

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

No value available

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

Source year 2018

No value available

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

Source year 2018

-54%

Higher net margin than 8% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

-57%

Faster asset growth than 7% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

-35%

Faster revenue growth than 15% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet

Liabilities / AssetsScore unavailable

Assets

Down

$32,564

Down $43,138 (-57%) from 2017

Net Assets

Down

$32,564

Down $43,138 (-57%) from 2017

Liabilities

No earlier filing loaded for comparison.

Revenue And Expenses

Liabilities / RevenueScore unavailable Net Margin8th percentile

Revenue

Down

$79,689

Down $43,064 (-35%) from 2017

Expenses

$122,827

Up $22,967 (+23%) from 2017

Net Income

Down

-$43,138

Down $66,031 (-288%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

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

Highlighted filing

2018

Assets$32,564

Liabilities-

Net Assets$32,564

Open 2018 Filing

Operations Trend

Revenue Growth15th percentile

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

Highlighted filing

2018

Revenue$79,689

Expenses$122,827

Net Income-$43,138

Open 2018 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2018 to Dec 31, 2018
Signed: Feb 15, 2019
Return Version: 2018v3.1
Gross Receipts: $79,689

Mission and Program Overview

Mission

CHARITABLE DISBURSEMENTS

Program Services

Description	Grants	Expenses
THE PURPOSE OF THE TRUST IS TO ACCUMULATE AND DISBURSE FUNDS FOR CHARITABLE PURPOSES IN THE SERVICE AREA OF AMICALOLA EMC.	$122,827	$122,827

Compensation and Service Providers

Top Officer Pay76th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
DON QUINTON	Chairman	-	$0	-	-
DOUG CALDWELL	Vice Chairma	-	$0	-	-
EDGAR LAND	Treasurer	-	$0	-	-
LANIER SWAFFORD	Secretary	-	$0	-	-
TOMMY ALLISON	Director	-	$0	-	-
STEVE GARRISON JR	Director	-	$0	-	-
LEE LOWMAN	Director	-	$0	-	-
TIM INGRAM	Director	-	$0	-	-
JOANN VICK	Director	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Amicalola Emc Trust Inc
EIN: 58-6383300
Phone: 7066926471
Address: 544 HIGHWAY 515 SOUTH, JASPER, GA 30143

Signing Officer

Name: Todd Payne
Title: CEO - Amicalola Emc
Phone: 7066926471
Signed: 2019-02-15
Discuss with paid preparer: Yes

Preparer

Firm: Mcnair Mclemore Middlebrooks & Co LLC
Address: POST OFFICE BOX ONE, MACON, GA 31202-0001
Preparer: William R Rountree
Phone: 4787466277

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

“Cash contribution: 38,664”

Form 990-ez, Part I, Line 10

“Name: gilmer county fire stations aux address: 437 howard simmons rd ellijay, ga 30536 cash contribution: 16,000 name: big canoe fire station address: 43 wolf scratch street jasper, ga 30143 cash contribution: 6,000”

Form 990-ez, Part II, Line 24

“Accounts receivable 6,058 6,556 total 6,058 6,556”

Form 990-ez, Part III

“The foundation receives in-kind donations of labor and related expenses from amicalola electric membership corporation, an affiliate of the foundation. Donations in-kind totaled 3,971 and 6,128 for the years ended december 31, 2018 and 2017, respectively. Based on the form's instructions, these donations are not included in income or expenses for the purposes of form 990-ez.”

Form 990-ez, Part V

“(a) the organization did not receive any funds, directly or indirectly, to pay premiums on a personal benefit contract. (b) the organization did not pay premiums, directly or indirectly, on a personal benefit contract.”

Raw XML Appendix168 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/ActivitiesNotPreviouslyRptInd	0	false
IRS990EZ/BooksInCareOfDetail/PersonNm	0	PENELOPE MARSHALL AMICALOLA EMC
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	7062535200
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	544 HIGHWAY 515 SOUTH
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	JASPER
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	GA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	30143
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	69644
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	26008
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	79417
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	-43138
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	75702
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	32564
IRS990EZ/GrantsAndSimilarAmountsPaidAmt	0	122827
IRS990EZ/GrossReceiptsAmt	0	79689
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InfoInScheduleOPartVInd	0	X
IRS990EZ/InvestmentIncomeAmt	0	272
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingAccrualInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	75702
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	32564
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	75702
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	32564
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	3	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	4	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	5	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	6	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	7	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	8	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	5	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	6	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	7	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	8	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	DON QUINTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	DOUG CALDWELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	EDGAR LAND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	LANIER SWAFFORD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	4	TOMMY ALLISON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	5	STEVE GARRISON JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	6	LEE LOWMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	7	TIM INGRAM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	8	JOANN VICK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	VICE CHAIRMA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	4	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	5	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	6	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	7	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	8	DIRECTOR
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	6058
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	6556
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	CHARITABLE DISBURSEMENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	THE PURPOSE OF THE TRUST IS TO ACCUMULATE AND DISBURSE FUNDS FOR CHARITABLE PURPOSES IN THE SERVICE AREA OF AMICALOLA EMC.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	122827
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	122827
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	GA
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	122827
IRS990EZ/TotalProgramServiceExpensesAmt	0	122827
IRS990EZ/TotalRevenueAmt	0	79689
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	SEE SCHEDULE O
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt	0	OTHER INCOME 0
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc	0	PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	79417
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt	0	122569
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt	0	84544
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt	0	121288
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt	0	111675
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	519493
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt	0	272
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt	0	184
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt	0	293
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt	0	248
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt	0	189
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt	0	1186
IRS990ScheduleA/PublicOrganization170Ind	0	X
IRS990ScheduleA/PublicSupportCY170Pct	0	0.99770
IRS990ScheduleA/PublicSupportPY170Pct	0	0.99790
IRS990ScheduleA/PublicSupportTotal170Amt	0	519493
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind	0	X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt	0	79417
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt	0	122569
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt	0	84544
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt	0	121288
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt	0	111675
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt	0	519493
IRS990ScheduleA/TotalSupportAmt	0	520679
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	CASH CONTRIBUTION: 38,664
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	NAME: GILMER COUNTY FIRE STATIONS AUX ADDRESS: 437 HOWARD SIMMONS RD ELLIJAY, GA 30536 CASH CONTRIBUTION: 16,000 NAME: BIG CANOE FIRE STATION ADDRESS: 43 WOLF SCRATCH STREET JASPER, GA 30143 CASH CONTRIBUTION: 6,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	ACCOUNTS RECEIVABLE 6,058 6,556 TOTAL 6,058 6,556
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	THE FOUNDATION RECEIVES IN-KIND DONATIONS OF LABOR AND RELATED EXPENSES FROM AMICALOLA ELECTRIC MEMBERSHIP CORPORATION, AN AFFILIATE OF THE FOUNDATION. DONATIONS IN-KIND TOTALED 3,971 AND 6,128 FOR THE YEARS ENDED DECEMBER 31, 2018 AND 2017, RESPECTIVELY. BASED ON THE FORM'S INSTRUCTIONS, THESE DONATIONS ARE NOT INCLUDED IN INCOME OR EXPENSES FOR THE PURPOSES OF FORM 990-EZ.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	(A) THE ORGANIZATION DID NOT RECEIVE ANY FUNDS, DIRECTLY OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT. (B) THE ORGANIZATION DID NOT PAY PREMIUMS, DIRECTLY OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	4	FORM 990-EZ, PART V
ReturnHeader/BuildTS	0	2019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	TODD PAYNE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	CEO - AMICALOLA EMC
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	7066926471
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2019-02-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	AMICALOLA EMC TRUST INC
ReturnHeader/Filer/BusinessNameControlTxt	0	AMIC
ReturnHeader/Filer/EIN	0	586383300
ReturnHeader/Filer/PhoneNum	0	7066926471
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	544 HIGHWAY 515 SOUTH
ReturnHeader/Filer/USAddress/CityNm	0	JASPER
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	GA
ReturnHeader/Filer/USAddress/ZIPCd	0	30143
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId	0	BE799C77261EE06AB1BFE677EC220712838153C6
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	4EEB5663787DC7A49F7F2E41E5A93EE45250D55C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	98.175.202.218
ReturnHeader/FilingSecurityInformation/IPDt	0	2019-03-20
ReturnHeader/FilingSecurityInformation/IPTimezoneCd	0	CD
ReturnHeader/FilingSecurityInformation/IPTm	0	09:55:40
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	581094351
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	POST OFFICE BOX ONE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	MACON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	312020001
ReturnHeader/PreparerPersonGrp/PhoneNum	0	4787466277
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2019-03-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	WILLIAM R ROUNTREE
ReturnHeader/ReturnTs	0	2019-03-20T09:55:40-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2018-01-01
ReturnHeader/TaxPeriodEndDt	0	2018-12-31
ReturnHeader/TaxYr	0	2018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $32,564
Liabilities: -
Net assets: $32,564
Revenue: $79,689
Expenses: $122,827
Net income: -$43,138

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2023Summary only. Only limited summary data is available for this year.	$0.54	$0.00		$0.90	$0.99	$0.10
2022Summary only. Only limited summary data is available for this year.	$0.64	$0.00		$0.89	$0.99	$0.10
2021Detailed filing. Detailed filing data is available for this year.	$0.74		$0.74	$0.88	$0.71	$0.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.57		$0.57	$0.95	$0.66	$0.29
2019Detailed filing. Detailed filing data is available for this year.	$0.28		$0.28	$0.77	$0.82	$0.05
2018Detailed filing. Detailed filing data is available for this year.	$0.33		$0.33	$0.80	$1.23	$0.43
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.76		$0.76	$1.23	$1.00	$0.23
2016Summary only. Only limited summary data is available for this year.	$0.53	$0.00		$0.85	$1.21	$0.36
2015Summary only. Only limited summary data is available for this year.	$0.89	$0.00		$1.22	$1.17	$0.04
2014Summary only. Only limited summary data is available for this year.	$0.85	$0.00		$1.12	$1.16	$0.05
2013Summary only. Only limited summary data is available for this year.	$0.90	$0.00		$1.14	$1.22	$0.08
2012Summary only. Only limited summary data is available for this year.	$0.98	$0.00		$1.71	$1.23	$0.48
2011Summary only. Only limited summary data is available for this year.	$0.49	$0.00		$1.32	$1.19	$0.13