Civic Intelligence

Muhlenberg County Opportunity Center Inc.

990 • Fiscal year 2020 • EIN 61-0665523

Jul 01, 2019 to Jun 30, 2020 • Filed on Apr 28, 2021

PO Box 99Powderly, KY 42367

(270) 338-5970

Siviq Scores

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

Liabilities / Assets

74th percentile

0.35x

Higher debt load relative to assets than 74% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.17x

Higher debt load relative to revenue than 55% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

24th percentile

-8.3%

Higher net margin than 24% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

49th percentile

$57,123

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

30th percentile

-0.5%

Faster asset growth than 30% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

47th percentile

-0.6%

Faster revenue growth than 47% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$524,497

Down $2,522 (-0.5%) from 2019

Net Assets

Down

$341,704

Down $91,397 (-21%) from 2019

Liabilities

Up

$182,793

Up $88,875 (+95%) from 2019

Revenue

Down

$1,099,407

Down $6,417 (-0.6%) from 2019

Expenses

Up

$1,190,804

Up $429,674 (+56%) from 2019

Net Income

Down

-$91,397

Down $436,091 (-127%) from 2019

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2012: $438,076Liabilities 2012: $45,477Net Assets 2012: $392,5992012Assets 2013: $384,600Liabilities 2013: $59,009Net Assets 2013: $325,5912013Assets 2014: $343,279Liabilities 2014: $77,767Net Assets 2014: $265,5122014Assets 2015: $258,558Liabilities 2015: $67,526Net Assets 2015: $191,0322015Assets 2016: $151,530Liabilities 2016: $64,402Net Assets 2016: $87,1282016Assets 2017: $147,590Liabilities 2017: $67,777Net Assets 2017: $79,8132017Assets 2018: $135,531Liabilities 2018: $42,062Net Assets 2018: $93,4692018Assets 2019: $527,019Liabilities 2019: $93,918Net Assets 2019: $433,1012019Assets 2020: $524,497Liabilities 2020: $182,793Net Assets 2020: $341,7042020Assets 2021: $357,810Liabilities 2021: $331,932Net Assets 2021: $25,8782021Assets 2022: $709,000Liabilities 2022: $9,694Net Assets 2022: $699,3062022Assets 2023: $707,524Liabilities 2023: $6,905Net Assets 2023: $700,6192023Assets 2024: $675,702Liabilities 2024: $55,073Net Assets 2024: $620,6292024

Highlighted filing

2020

Assets$524,497
Liabilities$182,793
Net Assets$341,704

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2012: $530,370Expenses 2012: $525,895Net Income 2012: $4,4752012Revenue 2013: $480,014Expenses 2013: $548,202Net Income 2013: -$68,1882013Revenue 2014: $481,138Expenses 2014: $542,513Net Income 2014: -$61,3752014Revenue 2015: $452,122Expenses 2015: $528,431Net Income 2015: -$76,3092015Revenue 2016: $365,479Expenses 2016: $469,311Net Income 2016: -$103,8322016Revenue 2017: $473,695Expenses 2017: $481,012Net Income 2017: -$7,3172017Revenue 2018: $481,521Expenses 2018: $473,802Net Income 2018: $7,7192018Revenue 2019: $1,105,824Expenses 2019: $761,130Net Income 2019: $344,6942019Revenue 2020: $1,099,407Expenses 2020: $1,190,804Net Income 2020: -$91,3972020Revenue 2021: $244,179Expenses 2021: $560,005Net Income 2021: -$315,8262021Revenue 2022: $1,749,884Expenses 2022: $1,076,456Net Income 2022: $673,4282022Revenue 2023: $1,399,181Expenses 2023: $1,397,868Net Income 2023: $1,3132023Revenue 2024: $1,400,802Expenses 2024: $1,480,792Net Income 2024: -$79,9902024

Highlighted filing

2020

Revenue$1,099,407
Expenses$1,190,804
Net Income-$91,397
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Apr 28, 2021
Return Version
2019v5.0
Gross Receipts
$1,099,407
Mission and Program Overview

Mission

To provide evaluation and training for adults who are mentally and physically challenged in the muhlenberg and hopkins county areas of kentucky.

To provide evaluation and training for adults that are mentally and physically challenged in the muhlenberg and hopkins county areas of kentucky.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$39,920$294,494▲ $254,574
Accounts Receivable$415,292$147,639▼ $267,653
Land, Buildings, and Equipment, Net$71,807$82,364▲ $10,557
Total Assets$527,019$524,497▼ $2,522
Liabilities
Other Liabilities$4,117$174,731▲ $170,614
Unsecured Notes Loans Payable$12,500--
Accounts Payable and Accrued Expenses$77,301$8,062▼ $69,239
Total Liabilities$93,918$182,793▲ $88,875
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$433,101$341,704▼ $91,397
Total Net Assets Fund Balance$433,101$341,704▼ $91,397
Total Liabilities and Net Assets / Fund Balance$527,019$524,497▼ $2,522

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$38,041$373,514$411,555
Equipment$42,823$114,234$157,057
Land$1,500-$1,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Gretchen DavisExecutive DiFT$57,123$57,123

Board Members and Trustees

NameTitle
Tim PogueChairman
Lisa PooleVice Chairpe
Billy SteeleDirector
Debbie PorterDirector
Peggy WilliamsDirector
Shawna MooreDirector
Tammy JoharDirector
Laura StilesSecretary &
Revenue and Support

Revenue Composition

Contributions and Grants
$79,067
Program Service Revenue
$1,020,340
Investment Income
$0
Other Revenue
$0
All Other Contributions
$61,951
Change in Net Assets
$-91,397
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$715,712
Other Expenses$475,092
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$571,480$24,910-$596,390
Payroll Taxes$51,386$11,309-$62,695
Current Officers, Directors, Trustees, and Key Employees-$56,627-$56,627
Insurance-$28,712-$28,712
Depreciation Depletion$18,030$1,107-$19,137
Office Expenses$2,513$9,835-$12,348
All Other Expenses$4,714$6,532-$11,246
Fees for Services Other$9,116$496-$9,612
Occupancy$4,679$2,942-$7,621
Fees for Services Accounting-$4,800-$4,800
Other Expenses$4,570$91-$4,661
Payments to Affiliates-$2,595-$2,595
Advertising-$399-$399
Total Functional Expenses$1,019,047$171,757$0$1,190,804
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Ppp Loan$166,000
Payroll Taxes Payable$8,711
Sales Tax Payable$20
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7B

All business matters undertaken by the center shall be approved at any meeting that a quorum is present. A quorum is a majority of the active or currently seated directors, vacancies are not counted.

Form 990, Page 6, Part VI, Line 11B

The executive committee reviewed the form 990 in detail. The entire board received a copy of the form 990 and the highlights of the form 990 were covered in a board meeting.

Form 990, Page 6, Part VI, Line 12C

Each employee is given a personnel policy manual when they are hired and are required to sign it.

Form 990, Page 6, Part VI, Line 15A

Compensation for executive director is established by the governing body.

Form 990, Page 6, Part VI, Line 19

The muhlenberg county opportunity center will make its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Muhlenberg County Opportunity
EIN
61-0665523
Phone
2703385970
Address
PO BOX 99, POWDERLY, KY 42367

Signing Officer

Name
Gretchen Davis
Title
Executive Director
Phone
2703385970
Signed
2021-04-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gretchen Davis
Formed
1966
Legal Domicile
Ky
Voting Board Members
10
Independent Board Members
10
Employees
96
Volunteers
1

Preparer

Firm
Berry Kington & Utley Psc
Address
2822 N MAIN ST, MADISONVILLE, KY 42431-9484
Preparer
Shellie K Utley CPA
Phone
2708213355
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Realized gain on securities carried at fmv 0

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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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IRS990/ReportOtherLiabilitiesInd0true
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IRS990/RevenueAmt018167
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt046612
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt086434
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt064029
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0320001
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0106
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0189
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0176
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0326
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0797
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0894207
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0868238
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0261188
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0214457
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt094754
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02332844
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0126133
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt0180146
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0188608
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt0252242
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0932601
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0106
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0189
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0176
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IRS990ScheduleA/InvestmentIncomePYPct00.00000
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0485193
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0489499
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0411025
IRS990ScheduleA/Total509Grp/TotalAmt03585446
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01099407
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0489675
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03586243
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IRS990ScheduleD/BuildingsGrp/BookValueAmt038041
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0373514
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0411555
IRS990ScheduleD/EquipmentGrp/BookValueAmt042823
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0114234
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0157057
IRS990ScheduleD/LandGrp/BookValueAmt01500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0166000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt18711
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt220
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PPP LOAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SALES TAX PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt082364
IRS990ScheduleD/TotalLiabilityAmt0174731
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL BUSINESS MATTERS UNDERTAKEN BY THE CENTER SHALL BE APPROVED AT ANY MEETING THAT A QUORUM IS PRESENT. A QUORUM IS A MAJORITY OF THE ACTIVE OR CURRENTLY SEATED DIRECTORS, VACANCIES ARE NOT COUNTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE COMMITTEE REVIEWED THE FORM 990 IN DETAIL. THE ENTIRE BOARD RECEIVED A COPY OF THE FORM 990 AND THE HIGHLIGHTS OF THE FORM 990 WERE COVERED IN A BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH EMPLOYEE IS GIVEN A PERSONNEL POLICY MANUAL WHEN THEY ARE HIRED AND ARE REQUIRED TO SIGN IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION FOR EXECUTIVE DIRECTOR IS ESTABLISHED BY THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE MUHLENBERG COUNTY OPPORTUNITY CENTER WILL MAKE ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5REALIZED GAIN ON SECURITIES CARRIED AT FMV 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01019047
IRS990/TotalFunctionalExpensesGrp/TotalAmt01190804
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt0182793
IRS990/TotalLiabilitiesGrp/BOYAmt093918
IRS990/TotalLiabilitiesGrp/EOYAmt0182793
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0433101
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0341704
IRS990/TotalProgramServiceExpensesAmt01019047
IRS990/TotalProgramServiceRevenueAmt01020340
IRS990/TotalReportableCompFromOrgAmt057123
IRS990/TotalRevenueGrp/ExclusionAmt0126133
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0894207
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01099407
IRS990/TotalVolunteersCnt01
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt012500
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt06029 ST RT 70 WEST
IRS990/USAddress/CityNm0BREMEN
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd042325
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IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GRETCHEN DAVIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02703385970
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-04-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MUHLENBERG COUNTY OPPORTUNITY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CENTER INC

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