Civic Intelligence

Fishhook International Inc.

990 • Fiscal year 2018 • EIN 61-0620425

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 30, 2018

201 E Main StWilmore, KY 40390

(859) 215-0178

Siviq Scores

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

Liabilities / Assets

76th percentile

0.40x

Higher debt load relative to assets than 76% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

50th percentile

0.09x

Higher debt load relative to revenue than 50% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

44th percentile

1.1%

Higher net margin than 44% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

43rd percentile

$46,500

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

35th percentile

-2.4%

Faster asset growth than 35% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

51st percentile

4.1%

Faster revenue growth than 51% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$245,146

Down $6,088 (-2.4%) from 2017

Net Assets

Up

$148,010

Up $11,065 (+8.1%) from 2017

Liabilities

Down

$97,136

Down $17,153 (-15%) from 2017

Revenue

Up

$1,025,105

Up $40,828 (+4.1%) from 2017

Expenses

Up

$1,014,040

Up $18,093 (+1.8%) from 2017

Net Income

Up

$11,065

Up $22,735 (+195%) from 2017

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $121,466Liabilities 2011: $15,731Net Assets 2011: $105,7352011Assets 2012: $73,390Liabilities 2012: $2,240Net Assets 2012: $71,1502012Assets 2013: $80,023Liabilities 2013: $18,365Net Assets 2013: $61,6582013Assets 2014: $500,257Liabilities 2014: $426,017Net Assets 2014: $74,2402014Assets 2015: $89,625Liabilities 2015: $16,950Net Assets 2015: $72,6752015Assets 2016: $247,593Liabilities 2016: $98,978Net Assets 2016: $148,6152016Assets 2017: $251,234Liabilities 2017: $114,289Net Assets 2017: $136,9452017Assets 2018: $245,146Liabilities 2018: $97,136Net Assets 2018: $148,0102018Assets 2019: $157,501Liabilities 2019: $9,448Net Assets 2019: $148,0532019Assets 2020: $301,712Liabilities 2020: $146,138Net Assets 2020: $155,5742020Assets 2021: $482,369Liabilities 2021: $330,932Net Assets 2021: $151,4372021Assets 2022: $189,869Liabilities 2022: $57,768Net Assets 2022: $132,1012022Assets 2024: $241,312Liabilities 2024: $75,180Net Assets 2024: $166,1322024

Highlighted filing

2018

Assets$245,146
Liabilities$97,136
Net Assets$148,010

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $595,697Expenses 2011: $581,125Net Income 2011: $14,5722011Expenses 2012: $531,5722012Revenue 2013: $778,528Expenses 2013: $793,135Net Income 2013: -$14,6072013Revenue 2014: $1,159,982Expenses 2014: $1,152,846Net Income 2014: $7,1362014Revenue 2015: $676,644Expenses 2015: $676,476Net Income 2015: $1682015Revenue 2016: $1,147,815Expenses 2016: $1,071,875Net Income 2016: $75,9402016Revenue 2017: $984,277Expenses 2017: $995,947Net Income 2017: -$11,6702017Revenue 2018: $1,025,105Expenses 2018: $1,014,040Net Income 2018: $11,0652018Revenue 2019: $781,803Expenses 2019: $781,760Net Income 2019: $432019Revenue 2020: $1,204,904Expenses 2020: $1,197,538Net Income 2020: $7,3662020Revenue 2021: $1,243,959Expenses 2021: $1,248,096Net Income 2021: -$4,1372021Revenue 2022: $1,123,160Expenses 2022: $1,142,496Net Income 2022: -$19,3362022Revenue 2024: $1,426,197Expenses 2024: $1,396,200Net Income 2024: $29,9972024

Highlighted filing

2018

Revenue$1,025,105
Expenses$1,014,040
Net Income$11,065
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 30, 2018
Return Version
2017v2.2
Gross Receipts
$1,025,105
Mission and Program Overview

Mission

The dissemination of the Gospel of Jesus

The dissemination of the gospel through retreats, prayer gatherings, and support of mission work.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$178,217$164,060▼ $14,157
Investments in Publicly Traded Securities$73,017$80,539▲ $7,522
Land, Buildings, and Equipment, Net-$547-
Total Assets$251,234$245,146▼ $6,088
Liabilities
Accounts Payable and Accrued Expenses$114,289$97,136▼ $17,153
Total Liabilities$114,289$97,136▼ $17,153
Net Assets / Fund Balance
Unrestricted Net Assets$134,233$144,299▲ $10,066
Temporarily Rstr Net Assets$2,712$3,711▲ $999
Total Net Assets Fund Balance$136,945$148,010▲ $11,065
Total Liabilities and Net Assets / Fund Balance$251,234$245,146▼ $6,088

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$547$156-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kim TurkingtonExecutive DirectorFT$46,500$46,500

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,017,536
Program Service Revenue
$0
Investment Income
$7,569
Other Revenue
$0
All Other Contributions
$1,017,536
Change in Net Assets
$11,065
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$917,122
Salaries, Compensation, and Employee Benefits$49,519
Other Expenses$47,399
Total Fundraising Expense$26,871
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$917,122--$917,122
Current Officers, Directors, Trustees, and Key Employees$23,000$6,900$16,100$46,000
Travel$26,786$0$0$26,786
Information Technology$4,188$291$679$5,158
Payroll Taxes$1,759$528$1,232$3,519
Insurance$0$895$2,088$2,983
Office Expenses$0$888$2,073$2,961
Other Expenses$0$634$1,479$2,113
Fees for Services Accounting$244$313$731$1,288
Advertising$0$0$772$772
Fees for Services Other$0$154$360$514
Depreciation Depletion$0$47$109$156
Conferences and Meetings$0$17$40$57
Total Functional Expenses$975,984$11,185$26,871$1,014,040
International Activity

International Summary

Offices
0
Employees
0
Spending
$26,786

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
South AsiaProgram ServicesTravel and Field Expenses00$26,786
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Fishhook International Inc
EIN
61-0620425
Phone
8592150178
Address
201 E Main St, Wilmore, KY 40390

Signing Officer

Name
Kim Turkington
Title
Executive Director
Phone
8592150178
Signed
2018-11-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kim Turkington
Formed
1955
Legal Domicile
Ky
Voting Board Members
18
Independent Board Members
17
Employees
1
Volunteers
4

Preparer

Firm
Cindy Atha CPA LLC
Address
217 SWALE CT, FRANKFORT, KY 40601
Preparer
Cindy Atha
Phone
5022370234
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

The Board of Directors contains eight married couples (each couple is identified as having the same last name on the list in Part VII, Section A). One of those couples consists of the President and the Executive Director.

Pt VI, Line 11B

The final financials statements were reviewed with the Treasurer, the President, and another board member (the Executive Director) prior to filing the 990. The 990 will be given to the Board at the next meeting after filing.

Pt VI, Line 12C

Any potential conflict of interests are brought to the attention of the Board for discussion prior to implementing.

Pt VI, Line 15A

The Executive Director is the only one compensated out of all the directors and officers. The salary was set based on comparable salaries for persons with similar positions for similar-sized ministries in the region.

Pt VI, Line 19

Governing documents are available upon request. If requested, they can be mailed or emailed to the recipient.

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IRS990/NetAssetsOrFundBalancesBOYAmt0136945
IRS990/NetAssetsOrFundBalancesEOYAmt0148010
IRS990/NondeductibleContributionsInd0true
IRS990/NondeductibleContriDisclInd0true
IRS990/OfficeExpensesGrp/FundraisingAmt02073
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0888
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt02961
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0Bank Fees
IRS990/OtherExpensesGrp/Desc1Dues and Subscriptions
IRS990/OtherExpensesGrp/Desc2Utilities
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt11208
IRS990/OtherExpensesGrp/FundraisingAmt21479
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1518
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2634
IRS990/OtherExpensesGrp/ProgramServicesAmt02885
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/TotalAmt02885
IRS990/OtherExpensesGrp/TotalAmt11726
IRS990/OtherExpensesGrp/TotalAmt22113
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01232
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0528
IRS990/PayrollTaxesGrp/ProgramServicesAmt01759
IRS990/PayrollTaxesGrp/TotalAmt03519
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0KIM TURKINGTON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0COMMUNITY DEVELOPMENT
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0216593
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0201414
IRS990/ProgSrvcAccomActy3Grp/Desc0CARING FOR WIDOWS AND ORPHANS
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0151782
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0136604
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0976743
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0886601
IRS990/PYInvestmentIncomeAmt07534
IRS990/PYOtherExpensesAmt060728
IRS990/PYRevenuesLessExpensesAmt0-11670
IRS990/PYSalariesCompEmpBnftPaidAmt048618
IRS990/PYTotalExpensesAmt0995947
IRS990/PYTotalRevenueAmt0984277
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt011065
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01017536
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0976743
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01145647
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0673295
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01156775
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04969996
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt07569
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt07534
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02169
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03349
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03207
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt023828
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.72790
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.99640
IRS990ScheduleA/PublicSupportTotal170Amt03635172
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt01334824
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01017536
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0976743
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01145647
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0673295
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01156775
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04969996
IRS990ScheduleA/TotalSupportAmt04993824
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0547
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0156
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0703
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0547
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt026786
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0South Asia
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Travel and Field Expenses
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Program Services
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0784683
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt1132439
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt0N/A
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt1N/A
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0Wire Transfers
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt1Wire Transfers
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0Missionairy
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1Missionairy
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0South Asia
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt1South Asia
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc1FMV
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt026786
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0The organization monitors funds granted by reviewing each recipient's audited financial statements annually, visiting each recepient periodically, and receiving updates annually with the description and costs of activities conducted along with future plans of activities to come
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1The organization uses the accrual method of accounting to account for expenditures on the organization's financial statements
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt2The organization uses the accrual method of accounting to account for cash grants and noncash assistance on the organization's financial statements
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 2
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt I Line 3 Col (F)
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt II, Line 1
IRS990ScheduleF/Total501c3OrgCnt02
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt026786
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Board of Directors contains eight married couples (each couple is identified as having the same last name on the list in Part VII, Section A). One of those couples consists of the President and the Executive Director.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The final financials statements were reviewed with the Treasurer, the President, and another board member (the Executive Director) prior to filing the 990. The 990 will be given to the Board at the next meeting after filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Any potential conflict of interests are brought to the attention of the Board for discussion prior to implementing.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.24$0.08$0.17$1.43$1.40$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.19$0.06$0.13$1.12$1.14$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.48$0.33$0.15$1.24$1.25$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.30$0.15$0.16$1.20$1.20$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.16$0.01$0.15$0.78$0.78$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.25$0.10$0.15$1.03$1.01$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.25$0.11$0.14$0.98$1.00$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.25$0.10$0.15$1.15$1.07$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.09$0.02$0.07$0.68$0.68$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.50$0.43$0.07$1.16$1.15$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.02$0.06$0.78$0.79$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.00$0.07$0.53
2011Summary only. Only limited summary data is available for this year.$0.12$0.02$0.11$0.60$0.58$0.01