Civic Intelligence

Kentucky Coal Association Inc

990 • Fiscal year 2013 • EIN 61-0591696

Jan 01, 2013 to Dec 31, 2013 • Filed on Aug 06, 2014

2800 Palumbo Drive 20040509

(859) 233-4743

Siviq Scores

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

Liabilities / Assets

91st percentile

0.72x

Higher debt load relative to assets than 91% of similar nonprofits.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

77th percentile

0.46x

Higher debt load relative to revenue than 77% of similar nonprofits.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2013

Net Margin

17th percentile

-5.5%

Higher net margin than 17% of similar nonprofits.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

76th percentile

$211,967

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 16.2% of source-year revenue.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2013

Asset Growth

14th percentile

-8.6%

Faster asset growth than 14% of similar nonprofits.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Down

$829,579

Down $78,468 (-8.6%) from 2012

Net Assets

Down

$232,345

Down $71,402 (-24%) from 2012

Liabilities

Down

$597,234

Down $7,066 (-1.2%) from 2012

Revenue

$1,307,324

No earlier filing loaded for comparison.

Expenses

Down

$1,378,726

Down $173,991 (-11%) from 2012

Net Income

-$71,402

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.

$1.0M$500K$0Assets 2010: $928,887Liabilities 2010: $683,137Net Assets 2010: $245,7502010Assets 2011: $889,252Liabilities 2011: $622,181Net Assets 2011: $267,0712011Assets 2012: $908,047Liabilities 2012: $604,300Net Assets 2012: $303,7472012Assets 2013: $829,579Liabilities 2013: $597,234Net Assets 2013: $232,3452013Assets 2014: $659,047Liabilities 2014: $540,971Net Assets 2014: $118,0762014Assets 2015: $475,720Liabilities 2015: $426,389Net Assets 2015: $49,3312015Assets 2016: $431,004Liabilities 2016: $349,119Net Assets 2016: $81,8852016Assets 2017: $670,375Liabilities 2017: $464,693Net Assets 2017: $205,6822017Assets 2018: $569,130Liabilities 2018: $254,446Net Assets 2018: $314,6842018Assets 2019: $244,955Liabilities 2019: $0Net Assets 2019: $244,9552019Assets 2020: $232,480Liabilities 2020: $0Net Assets 2020: $232,4802020Assets 2021: $241,119Liabilities 2021: $10Net Assets 2021: $241,1092021Assets 2022: $188,186Liabilities 2022: $0Net Assets 2022: $188,1862022Assets 2023: $159,089Liabilities 2023: $0Net Assets 2023: $159,0892023Assets 2024: $161,769Liabilities 2024: $2,721Net Assets 2024: $159,0482024

Highlighted filing

2013

Assets$829,579
Liabilities$597,234
Net Assets$232,345

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,129,1832010Expenses 2011: $1,161,3302011Expenses 2012: $1,552,7172012Revenue 2013: $1,307,324Expenses 2013: $1,378,726Net Income 2013: -$71,4022013Revenue 2014: $1,193,277Expenses 2014: $1,307,546Net Income 2014: -$114,2692014Revenue 2015: $1,625,911Expenses 2015: $1,694,656Net Income 2015: -$68,7452015Revenue 2016: $925,512Expenses 2016: $892,958Net Income 2016: $32,5542016Revenue 2017: $771,161Expenses 2017: $647,364Net Income 2017: $123,7972017Revenue 2018: $783,985Expenses 2018: $674,983Net Income 2018: $109,0022018Revenue 2019: $596,534Expenses 2019: $666,263Net Income 2019: -$69,7292019Revenue 2020: $422,593Expenses 2020: $435,068Net Income 2020: -$12,4752020Revenue 2021: $401,895Expenses 2021: $393,266Net Income 2021: $8,6292021Revenue 2022: $367,491Expenses 2022: $420,414Net Income 2022: -$52,9232022Revenue 2023: $367,231Expenses 2023: $396,328Net Income 2023: -$29,0972023Revenue 2024: $376,337Expenses 2024: $376,378Net Income 2024: -$412024

Highlighted filing

2013

Revenue$1,307,324
Expenses$1,378,726
Net Income-$71,402
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Aug 6, 2014
Return Version
2013v3.0
Gross Receipts
$1,307,324
Mission and Program Overview

Mission

Provide education to members and public regarding coal industry

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$564,420$532,797▼ $31,623
Savings and Temporary Cash Investments$255,339$186,327▼ $69,012
Land, Buildings, and Equipment, Net$88,288$67,010▼ $21,278
Investments Other Securities-$43,445-
Total Assets$908,047$829,579▼ $78,468
Liabilities
Other Liabilities$564,420$576,242▲ $11,822
Mortgage Notes Payable Secured by Investment Property$39,880$20,992▼ $18,888
Total Liabilities$604,300$597,234▼ $7,066
Net Assets / Fund Balance
Unrestricted Net Assets$340,705$142,073▼ $198,632
Temporarily Rstr Net Assets$-36,958$90,272▲ $127,230
Total Net Assets Fund Balance$303,747$232,345▼ $71,402
Total Liabilities and Net Assets / Fund Balance$908,047$829,579▼ $78,468

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$33,976$52,887-
Equipment$22,061$25,825-
Leasehold Improvements$10,973$1,181-
Other Securities$43,445--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
William BissettPresidentFT$154,147$57,820$211,967
David a MossVice PresidentFT$85,425$32,430$117,855
Lloyd CressSecretaryPT$77,500-$77,500

Highest Paid Contractors

ContractorServicesLocationCompensation
Img College LLCAdvertising-$109,875
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,292,849
Investment Income
$209
Other Revenue
$14,266
Change in Net Assets
$-71,402

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,307,324
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,307,324
Total Revenue per Form 990
$1,307,324
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$942,423
Salaries, Compensation, and Employee Benefits$436,303
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising---$273,614
Current Officers, Directors, Trustees, and Key Employees---$239,354
Travel---$114,580
Fees for Services Legal---$109,119
Fees for Services Other---$103,374
Pension Plan Contributions---$73,417
Occupancy---$64,440
Office Expenses---$56,069
Other Salaries and Wages---$54,314
Other Employee Benefits---$48,696
All Other Expenses---$36,768
Depreciation Depletion---$22,318
Payroll Taxes---$20,522
Fees for Services Lobbying---$13,223
Other Expenses---$11,450
Insurance---$9,551
Information Technology---$7,234
Fees for Services Accounting---$5,750
Interest---$1,661
Total Functional Expenses$0$0$0$1,378,726

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,378,726
Total Expenses per Audited Statements$1,378,726
Total Expenses per Form 990$1,378,726
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$25,912
Total Nondeductible Lobbying and Political Cost$25,912
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Compensation$576,242
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
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, Part VI, Section A, Line 1

Board members votes determined by amount of dues paid. Each company receives from 1 up to maximum of 5 votes based on amount of dues paid. One associate member is appointed to board per ten associate members of association and each associate board member receives one vote.

Form 990, Part VI, Section A, Line 2

There are company members that have several employees/officers of the company serving on the board of directors

Form 990, Part VI, Section A, Line 6

The association has member companies in the coal industry and associate members

Form 990, Part VI, Section A, Line 7A

Member companies appoint individuals to board as a representive of their company & elect board members from associate members

Form 990, Part VI, Section B, Line 11

The board delegates the executive committee to review and approve form 990. The executive committee reviewed form 990 with association accountants and approved for filing. Form 990 is emailed to all board members asking board to review and contact accountants/office with any questions or comments.

Form 990, Part VI, Section B, Line 15

Executive director compensation is recommended and approved by executive committee. Full budget and compensation approved by board on recommendation of executive committee. Executive committee consists of individuals from representative coal companies with knowledge of compensation in industry and coal associations. All other employees compensation approved by executive committee and board on adoption of budget.

Form 990, Part VI, Section C, Line 19

The association does not provide copies of financial statements/documents at this time

Filing and Contact Details

Filer

EIN
61-0591696
Phone
8592334743

Signing Officer

Name
Bill Bissett
Title
President
Phone
8592334743
Signed
2014-08-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bill Bissett
Formed
1973
Legal Domicile
Ky
Voting Board Members
38
Independent Board Members
38
Employees
4
Volunteers
0

Preparer

Preparer
Kring Ray Farley Riddle Psc
Phone
8592310541
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IRS990/Form990PartVIISectionAGrp/PersonNm1NICK CARTER
IRS990/Form990PartVIISectionAGrp/PersonNm2J STEVEN GARDNER
IRS990/Form990PartVIISectionAGrp/PersonNm3MARTIN CUNNINGHAM
IRS990/Form990PartVIISectionAGrp/PersonNm4DANNY MAGGARD
IRS990/Form990PartVIISectionAGrp/PersonNm5MARK HEATH
IRS990/Form990PartVIISectionAGrp/PersonNm6JOSH HOWARD
IRS990/Form990PartVIISectionAGrp/PersonNm7MIKE RICCI
IRS990/Form990PartVIISectionAGrp/PersonNm8ROBERT KRUTSINGER
IRS990/Form990PartVIISectionAGrp/PersonNm9G BRIAN WELLS
IRS990/Form990PartVIISectionAGrp/PersonNm10ROGER NICHOLSON
IRS990/Form990PartVIISectionAGrp/PersonNm11MELANIE KILPATRICK
IRS990/Form990PartVIISectionAGrp/PersonNm12DAVID RASNICK
IRS990/Form990PartVIISectionAGrp/PersonNm13KATHY WALKER
IRS990/Form990PartVIISectionAGrp/PersonNm14AEP KENTUCKY COAL LLC
IRS990/Form990PartVIISectionAGrp/PersonNm15ALLIANCE COAL LLC
IRS990/Form990PartVIISectionAGrp/PersonNm16ALPHA NATURAL RESOURCES LLC
IRS990/Form990PartVIISectionAGrp/PersonNm17ARCH COAL INC
IRS990/Form990PartVIISectionAGrp/PersonNm18ARMSTRONG COAL COMPANY INC
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IRS990/Form990PartVIISectionAGrp/PersonNm22HAZARD COAL CORPORATION
IRS990/Form990PartVIISectionAGrp/PersonNm23JAMES RIVER COAL COMPANY
IRS990/Form990PartVIISectionAGrp/PersonNm24JAMIESON CONSTRUCTION CO
IRS990/Form990PartVIISectionAGrp/PersonNm25BOWIE REFINED COAL
IRS990/Form990PartVIISectionAGrp/PersonNm26LOCUST GROVE INC
IRS990/Form990PartVIISectionAGrp/PersonNm27MURRAY ENERGY CORPORATION
IRS990/Form990PartVIISectionAGrp/PersonNm28NALLY HAMILTON ENTERPRISES
IRS990/Form990PartVIISectionAGrp/PersonNm29PATRIOT COAL CORPORATION
IRS990/Form990PartVIISectionAGrp/PersonNm30PEABODY ENERGY CORPORATION
IRS990/Form990PartVIISectionAGrp/PersonNm31NEW TRINITY COAL INC
IRS990/Form990PartVIISectionAGrp/PersonNm32OXFORD MINING CO-KY LLC
IRS990/Form990PartVIISectionAGrp/PersonNm33TECO COAL CORPORATION
IRS990/Form990PartVIISectionAGrp/PersonNm34US COAL CORPORATION
IRS990/Form990PartVIISectionAGrp/PersonNm35RHINO ENERGY LLC
IRS990/Form990PartVIISectionAGrp/PersonNm36WALTER ENERGY LLC
IRS990/Form990PartVIISectionAGrp/PersonNm37DAVID LAMB
IRS990/Form990PartVIISectionAGrp/PersonNm38WILLIAM BISSETT
IRS990/Form990PartVIISectionAGrp/PersonNm39DAVID A MOSS
IRS990/Form990PartVIISectionAGrp/PersonNm40LLOYD CRESS
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt400
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt23TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt24TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt25TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt26TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt27TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt28TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt29TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt30TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt31TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt32TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt33TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt34TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt35TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt36TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt37DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt38PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt39VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt40SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01973
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt038
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01307324
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt038
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt07234
IRS990/InsuranceGrp/TotalAmt09551
IRS990/InterestGrp/TotalAmt01661
IRS990/InvestmentIncomeGrp/ExclusionAmt0209
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0209
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt043445
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0564420
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0532797
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt079893
IRS990/LandBldgEquipBasisNetGrp/BOYAmt088288
IRS990/LandBldgEquipBasisNetGrp/EOYAmt067010
IRS990/LandBldgEquipCostOrOtherBssAmt0146903
IRS990/LegalDomicileStateCd0KY
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDE EDUCATION TO MEMBERS AND PUBLIC REGARDING COAL INDUSTRY
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$0.38$0.38$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$0.37$0.40$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$0.37$0.42$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.24$0.40$0.39$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$0.42$0.44$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.24$0.60$0.67$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.57$0.25$0.31$0.78$0.67$0.11
2017Detailed filing. Detailed filing data is available for this year.$0.67$0.46$0.21$0.77$0.65$0.12
2016Detailed filing. Detailed filing data is available for this year.$0.43$0.35$0.08$0.93$0.89$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.48$0.43$0.05$1.63$1.69$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.66$0.54$0.12$1.19$1.31$0.11
2013Detailed filing. Detailed filing data is available for this year.$0.83$0.60$0.23$1.31$1.38$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.60$0.30$1.55
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.62$0.27$1.16
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$0.68$0.25$1.13