Civic Intelligence

Mayfield Graves County Chamber of Commerce

990EZ • Fiscal year 2021 • EIN 61-0600511

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 09, 2022

201 East College StreetMayfield, KY 42066

(270) 247-6101

Siviq Scores

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

Liabilities / Assets

69th percentile

0.07x

Higher debt load relative to assets than 69% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

67th percentile

0.06x

Higher debt load relative to revenue than 67% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Net Margin

83rd percentile

34%

Higher net margin than 83% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Asset Growth

87th percentile

51%

Faster asset growth than 87% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

32nd percentile

-13%

Faster revenue growth than 32% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$99,358

Up $33,411 (+51%) from 2020

Net Assets

Up

$92,192

Up $38,654 (+72%) from 2020

Liabilities

Down

$7,166

Down $5,243 (-42%) from 2020

Revenue

Down

$114,555

Down $16,550 (-13%) from 2020

Expenses

Down

$75,899

Down $28,307 (-27%) from 2020

Net Income

Up

$38,656

Up $11,757 (+44%) from 2020

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2012: $63,335Liabilities 2012: $02012Assets 2013: $32,488Liabilities 2013: $7,6122013Assets 2014: $26,934Liabilities 2014: $9,690Net Assets 2014: $17,2442014Assets 2015: $28,808Liabilities 2015: $15,210Net Assets 2015: $13,5982015Assets 2016: $28,673Liabilities 2016: $8,5002016Assets 2017: $28,750Liabilities 2017: $9,120Net Assets 2017: $19,6302017Assets 2018: $34,365Liabilities 2018: $6,294Net Assets 2018: $28,0712018Assets 2019: $31,502Liabilities 2019: $4,865Net Assets 2019: $26,6372019Assets 2020: $65,947Liabilities 2020: $12,409Net Assets 2020: $53,5382020Assets 2021: $99,358Liabilities 2021: $7,166Net Assets 2021: $92,1922021Assets 2022: $62,626Liabilities 2022: $7,659Net Assets 2022: $54,9672022Assets 2023: $122,961Liabilities 2023: $7,526Net Assets 2023: $115,4352023Assets 2024: $182,167Liabilities 2024: $5,230Net Assets 2024: $176,9372024

Highlighted filing

2021

Assets$99,358
Liabilities$7,166
Net Assets$92,192

Operations Trend

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

$200K$100K$0-$100KRevenue 2012: $119,627Expenses 2012: $137,561Net Income 2012: -$17,9342012Revenue 2013: $101,042Expenses 2013: $99,429Net Income 2013: $1,6132013Revenue 2014: $100,402Expenses 2014: $108,034Net Income 2014: -$7,6322014Revenue 2015: $99,128Expenses 2015: $102,773Net Income 2015: -$3,6452015Revenue 2016: $102,380Expenses 2016: $95,805Net Income 2016: $6,5752016Revenue 2017: $103,625Expenses 2017: $104,168Net Income 2017: -$5432017Revenue 2018: $122,740Expenses 2018: $114,299Net Income 2018: $8,4412018Revenue 2019: $118,159Expenses 2019: $119,592Net Income 2019: -$1,4332019Revenue 2020: $131,105Expenses 2020: $104,206Net Income 2020: $26,8992020Revenue 2021: $114,555Expenses 2021: $75,899Net Income 2021: $38,6562021Revenue 2022: $91,498Expenses 2022: $128,722Net Income 2022: -$37,2242022Revenue 2023: $160,972Expenses 2023: $122,202Net Income 2023: $38,7702023Revenue 2024: $190,306Expenses 2024: $128,804Net Income 2024: $61,5022024

Highlighted filing

2021

Revenue$114,555
Expenses$75,899
Net Income$38,656
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 9, 2022
Return Version
2021v4.0
Gross Receipts
$147,287
Mission and Program Overview

Mission

Promote mayfield and graves county ky

Program Services

DescriptionGrantsExpenses
THE CHAMBER OF COMMERCE PROVIDES INFORMATION TO TOURISTS AND PROMOTES THE MAYFIELD GRAVES COUNTY AREA BUSINESSES BY OFFERING GIFT CERTIFICATES AND SPECIAL EVENTS.--
N/A--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DENISE THOMPSONPresident-$0--
ALLISON SLOANCoordinator-$0--
LAURA CLIFFORDChairman-$0--
STEPHEN POWELLVice-Chairma-$0--
MICHELLE ARNETTTreasurer-$0--
JENNIFER BECK-WALKERBoard Member-$0--
RYAN DRANEBoard Member-$0--
KATHY O'NANBoard Member-$0--
MATHEW MADDINGBoard Member-$0--
JOE HENDERSONBoard Member-$0--
RICKY BINKLEYBoard Member-$0--
JACOB WYATTBoard Member-$0--
JOEY REEDBoard Member-$0--
JESSE PERRYBoard Member-$0--
BRENT SHULTZBoard Member-$0--
KYLE SMITHBoard Member-$0--
PATRICK CONYEABoard Member-$0--
AMY FLINTBoard Membe-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Farm to Table$14,300$14,300$13,660$640
Misc Events$5,627$5,627$1,674$3,953
Total Events$26,017$26,017$19,154$6,863
Filing and Contact Details

Filer

Filer Name
Mayfield Graves County Chamber of
EIN
61-0600511
Phone
2702476101
Address
201 EAST COLLEGE STREET, MAYFIELD, KY 42066

Signing Officer

Name
Michelle Arnett
Title
Treasurer
Phone
2702476101
Signed
2022-11-09

Preparer

Firm
Cornman Bryan Watts & Elliott Cpas Pllc
Address
PO BOX 178, HICKORY, KY 42051
Preparer
John C Elliott CPA
Phone
2702474190
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 6,042 office 1,554 information technology 1,906 travel 558 conferences/meetings 156 insurance 4,511 ambassadors 197 bank charges 277 board expense 1,023 cornerstone partnership 574 dues & subscriptions 2,757 gift certificate exp 6,666 ribbon cuttings 443 adult leadership exp 1,436 misc expense 64 cell phone 800 depreciation 77 total 29,041

Form 990-ez, Part II, Line 24

77,571 0 less accumulated depreciation 77,495 0 due from gced 386 794 due from wkrecc 100 100 due from tourism 0 817 total 562 1,711

Form 990-ez, Part II, Line 26

Youth leadership liability 1,783 4,136 silent aution liability 20 1,175 payroll liabilities 3,039 1,855 irs - employee retention credit 7,567 0

Form 990-ez, Part III, Line 31

N/A

Raw XML Appendix190 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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IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine2Txt0CPAS PLLC
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IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 384
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MAYFIELD
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DENISE THOMPSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ALLISON SLOAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LAURA CLIFFORD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3STEPHEN POWELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MICHELLE ARNETT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JENNIFER BECK-WALKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6RYAN DRANE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7KATHY O'NAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8MATHEW MADDING
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm17AMY FLINT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE-CHAIRMA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
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IRS990EZ/PrimaryExemptPurposeTxt0PROMOTE MAYFIELD AND GRAVES COUNTY KY
IRS990EZ/PrintingPublicationsPostageAmt01474
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE CHAMBER OF COMMERCE PROVIDES INFORMATION TO TOURISTS AND PROMOTES THE MAYFIELD GRAVES COUNTY AREA BUSINESSES BY OFFERING GIFT CERTIFICATES AND SPECIAL EVENTS.
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IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt019154
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FARM TO TABLE
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0MISC EVENTS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt014300
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt05627
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt01674
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 6,042 OFFICE 1,554 INFORMATION TECHNOLOGY 1,906 TRAVEL 558 CONFERENCES/MEETINGS 156 INSURANCE 4,511 AMBASSADORS 197 BANK CHARGES 277 BOARD EXPENSE 1,023 CORNERSTONE PARTNERSHIP 574 DUES & SUBSCRIPTIONS 2,757 GIFT CERTIFICATE EXP 6,666 RIBBON CUTTINGS 443 ADULT LEADERSHIP EXP 1,436 MISC EXPENSE 64 CELL PHONE 800 DEPRECIATION 77 TOTAL 29,041
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt177,571 0 LESS ACCUMULATED DEPRECIATION 77,495 0 DUE FROM GCED 386 794 DUE FROM WKRECC 100 100 DUE FROM TOURISM 0 817 TOTAL 562 1,711
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2YOUTH LEADERSHIP LIABILITY 1,783 4,136 SILENT AUTION LIABILITY 20 1,175 PAYROLL LIABILITIES 3,039 1,855 IRS - EMPLOYEE RETENTION CREDIT 7,567 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3N/A
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, LINE 31
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHELLE ARNETT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02702476101
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MAYFIELD GRAVES COUNTY CHAMBER OF
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0COMMERCE
ReturnHeader/Filer/BusinessNameControlTxt0MAYF
ReturnHeader/Filer/EIN0610600511
ReturnHeader/Filer/PhoneNum02702476101
ReturnHeader/Filer/USAddress/AddressLine1Txt0201 EAST COLLEGE STREET
ReturnHeader/Filer/USAddress/CityNm0MAYFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd042066
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0460659133
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CORNMAN BRYAN WATTS & ELLIOTT CPAS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 178
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HICKORY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd042051
ReturnHeader/PreparerPersonGrp/PhoneNum02702474190
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN C ELLIOTT CPA
ReturnHeader/ReturnTs02022-11-10T15:59:56-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MICHELLE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ARNETT
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.82$0.05$1.77$1.90$1.29$0.62
2023Summary only. Only limited summary data is available for this year.$1.23$0.08$1.15$1.61$1.22$0.39
2022Detailed filing. Detailed filing data is available for this year.$0.63$0.08$0.55$0.91$1.29$0.37
2021Detailed filing. Detailed filing data is available for this year.$0.99$0.07$0.92$1.15$0.76$0.39
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.66$0.12$0.54$1.31$1.04$0.27
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.32$0.05$0.27$1.18$1.20$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.34$0.06$0.28$1.23$1.14$0.08
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.09$0.20$1.04$1.04$0.01
2016Summary only. Only limited summary data is available for this year.$0.29$0.09$1.02$0.96$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.29$0.15$0.14$0.99$1.03$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.27$0.10$0.17$1.00$1.08$0.08
2013Summary only. Only limited summary data is available for this year.$0.32$0.08$1.01$0.99$0.02
2012Summary only. Only limited summary data is available for this year.$0.63$0.00$1.20$1.38$0.18