Civic Intelligence

Logan County Chamber of Commerce

990EZ • Fiscal year 2018 • EIN 61-0327621

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 30, 2019

116 South Main StreetRussellville, KY 42276

(270) 726-2206

Siviq Scores

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

Liabilities / Assets

70th percentile

0.06x

Higher debt load relative to assets than 70% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

75th percentile

0.07x

Higher debt load relative to revenue than 75% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Net Margin

65th percentile

8.6%

Higher net margin than 65% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Asset Growth

66th percentile

10%

Faster asset growth than 66% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

43rd percentile

-2.1%

Faster revenue growth than 43% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$128,917

Up $12,067 (+10%) from 2017

Net Assets

Up

$120,628

Up $10,191 (+9.2%) from 2017

Liabilities

Up

$8,289

Up $1,876 (+29%) from 2017

Revenue

Down

$118,853

Down $2,496 (-2.1%) from 2017

Expenses

Down

$108,662

Down $10,939 (-9.1%) from 2017

Net Income

Up

$10,191

Up $8,443 (+483%) from 2017

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2010: $141,835Liabilities 2010: $5,453Net Assets 2010: $136,3822010Assets 2011: $151,822Liabilities 2011: $10,557Net Assets 2011: $141,2652011Assets 2012: $148,001Liabilities 2012: $3,711Net Assets 2012: $144,2902012Assets 2013: $160,415Liabilities 2013: $14,272Net Assets 2013: $146,1432013Assets 2014: $157,870Liabilities 2014: $8,809Net Assets 2014: $149,0612014Assets 2015: $155,304Liabilities 2015: $15,535Net Assets 2015: $139,7692015Assets 2016: $119,828Liabilities 2016: $11,139Net Assets 2016: $108,6892016Assets 2017: $116,850Liabilities 2017: $6,413Net Assets 2017: $110,4372017Assets 2018: $128,917Liabilities 2018: $8,289Net Assets 2018: $120,6282018Assets 2019: $122,896Liabilities 2019: $8,172Net Assets 2019: $114,7242019Assets 2020: $114,031Liabilities 2020: $10,350Net Assets 2020: $103,6812020Assets 2021: $112,026Liabilities 2021: $6,983Net Assets 2021: $105,0432021Assets 2022: $111,226Liabilities 2022: $11,569Net Assets 2022: $99,6572022Assets 2023: $86,054Liabilities 2023: $25,456Net Assets 2023: $60,5982023Assets 2024: $96,910Liabilities 2024: $25,178Net Assets 2024: $71,7322024

Highlighted filing

2018

Assets$128,917
Liabilities$8,289
Net Assets$120,628

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2010: $86,5962010Expenses 2011: $84,6652011Expenses 2012: $76,6642012Revenue 2013: $94,483Expenses 2013: $92,630Net Income 2013: $1,8532013Revenue 2014: $97,278Expenses 2014: $94,360Net Income 2014: $2,9182014Revenue 2015: $95,564Expenses 2015: $104,856Net Income 2015: -$9,2922015Revenue 2016: $92,324Expenses 2016: $126,472Net Income 2016: -$34,1482016Revenue 2017: $121,349Expenses 2017: $119,601Net Income 2017: $1,7482017Revenue 2018: $118,853Expenses 2018: $108,662Net Income 2018: $10,1912018Revenue 2019: $133,821Expenses 2019: $139,725Net Income 2019: -$5,9042019Revenue 2020: $87,947Expenses 2020: $96,162Net Income 2020: -$8,2152020Revenue 2021: $100,112Expenses 2021: $113,294Net Income 2021: -$13,1822021Revenue 2022: $170,081Expenses 2022: $175,117Net Income 2022: -$5,0362022Revenue 2023: $190,058Expenses 2023: $228,564Net Income 2023: -$38,5062023Revenue 2024: $178,406Expenses 2024: $167,272Net Income 2024: $11,1342024

Highlighted filing

2018

Revenue$118,853
Expenses$108,662
Net Income$10,191
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 30, 2019
Return Version
2018v3.1
Gross Receipts
$165,768
Mission and Program Overview

Mission

The chamber's mission is to create, promote, encourage, develop, and maintain a positive business/ economic climate and quality of life that perpetuates an improving community serving the kentucky cities of adairville, auburn, lewisburg, russellville, and logan county.

The chamber's mission is to promote and develop strong businesses and foster a more vibrant economy through leadership, education, government affairs, and community development resulting in a better quality of life for all logan countians.

Program Services

DescriptionGrantsExpenses
AREA DEVELOPMENT, TOURISM DEVELOPMENT, AND OTHER ROUTINE FUNCTIONS OF CHAMBER OF COMMERCE.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MANDY HENLEYPresident-$0--
ETHAN HOLLOWAYVice Preside-$0--
GARY GROHOVSKYTreasurer-$0--
SHANE HAYESExecutive VP-$0--
THAD WELLSExecutive VP-$0--
KING SIMPSONPast Preside-$0--
KIM REEVESBoard Member-$0--
DEE DEE BROWNBoard Member-$0--
LEANN MARTINBoard Member-$0--
PAUL MULLINSBoard Member-$0--
BART FLENERBoard Member-$0--
KATHY EDMONDSBoard Member-$0--
JOE W HENDRICKS JRBoard Member-$0--
KRISTEN HERNDONBoard Member-$0--
KYLE HINESBoard Member-$0--
TOM HARNEDBoard Member-$0--
MARIE GAMBLEBoard Member-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Tobacco Festiva$51,685$51,685$29,004$22,681
Annual Dinner$20,563$20,563$8,082$12,481
Total Events$88,334$88,334$46,915$41,419
Filing and Contact Details

Filer

Filer Name
Logan Co Chamber of Commerce
EIN
61-0327621
Phone
2707262206
Address
116 SOUTH MAIN STREET, RUSSELLVILLE, KY 42276

Signing Officer

Name
Karen Logan
Title
Executive Director
Phone
2707262206
Signed
2019-04-30
Discuss with paid preparer
Yes

Preparer

Firm
Scarbrough CPA Psc
Address
709 E 4TH ST, RUSSELLVILLE, KY 42276-1301
Preparer
Cathy Scarbrough CPA
Phone
2707259621
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses communication 3,147 office exp 5,057 equipment 742 postage 545 travel 1,847 board of directors 610 conference 761 meetings 63 business exp 2,270 ag breakfast 2,282 misc program services 737 bank charges 495 contract services 1,579 dues 1,841 misc 1,219 taxes 1,105 ambassadors 390 insurance 3,344 non-investment depreciation 1,017 total 29,051

Form 990-ez, Part II, Line 24

Accounts receivable 2,222 2,275 0 89,899 less accumulated depreciation 0 86,039 total 2,222 6,135

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 1,588 1,882 deferred revenue 2,575 4,157 2,250 2,250

Form 990-ez, Part III

The chamber's mission is to promote and develop strong businesses and foster a more vibrant economy through leadership, education, government affairs, and community development resulting in a better quality of life for all logan countians.

Raw XML Appendix186 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES COMMUNICATION 3,147 OFFICE EXP 5,057 EQUIPMENT 742 POSTAGE 545 TRAVEL 1,847 BOARD OF DIRECTORS 610 CONFERENCE 761 MEETINGS 63 BUSINESS EXP 2,270 AG BREAKFAST 2,282 MISC PROGRAM SERVICES 737 BANK CHARGES 495 CONTRACT SERVICES 1,579 DUES 1,841 MISC 1,219 TAXES 1,105 AMBASSADORS 390 INSURANCE 3,344 NON-INVESTMENT DEPRECIATION 1,017 TOTAL 29,051
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 2,222 2,275 0 89,899 LESS ACCUMULATED DEPRECIATION 0 86,039 TOTAL 2,222 6,135
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,588 1,882 DEFERRED REVENUE 2,575 4,157 2,250 2,250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CHAMBER'S MISSION IS TO PROMOTE AND DEVELOP STRONG BUSINESSES AND FOSTER A MORE VIBRANT ECONOMY THROUGH LEADERSHIP, EDUCATION, GOVERNMENT AFFAIRS, AND COMMUNITY DEVELOPMENT RESULTING IN A BETTER QUALITY OF LIFE FOR ALL LOGAN COUNTIANS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
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ReturnHeader/PreparerPersonGrp/PhoneNum02707259621
ReturnHeader/PreparerPersonGrp/PreparationDt02019-08-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CATHY SCARBROUGH CPA
ReturnHeader/ReturnTs02019-08-15T12:14:03-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.97$0.25$0.72$1.78$1.67$0.11
2023Detailed filing. Detailed filing data is available for this year.$0.86$0.25$0.61$1.90$2.29$0.39
2022Detailed filing. Detailed filing data is available for this year.$1.11$0.12$1.00$1.70$1.75$0.05
2021Detailed filing. Detailed filing data is available for this year.$1.12$0.07$1.05$1.00$1.13$0.13
2020Detailed filing. Detailed filing data is available for this year.$1.14$0.10$1.04$0.88$0.96$0.08
2019Detailed filing. Detailed filing data is available for this year.$1.23$0.08$1.15$1.34$1.40$0.06
2018Detailed filing. Detailed filing data is available for this year.$1.29$0.08$1.21$1.19$1.09$0.10
2017Detailed filing. Detailed filing data is available for this year.$1.17$0.06$1.10$1.21$1.20$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.20$0.11$1.09$0.92$1.26$0.34
2015Detailed filing. Detailed filing data is available for this year.$1.55$0.16$1.40$0.96$1.05$0.09
2014Detailed filing. Detailed filing data is available for this year.$1.58$0.09$1.49$0.97$0.94$0.03
2013Detailed filing. Detailed filing data is available for this year.$1.60$0.14$1.46$0.94$0.93$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$0.04$1.44$0.77
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.52$0.11$1.41$0.85
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.42$0.05$1.36$0.87
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)6 • <$500k nonprofits