Civic Intelligence

Muhlenberg County Opportunity Center Inc.

990 • Fiscal year 2022 • EIN 61-0665523

Jul 01, 2021 to Jun 30, 2022 • Filed on Feb 25, 2023

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

33rd percentile

0.01x

Higher debt load relative to assets than 33% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

23rd percentile

0.01x

Higher debt load relative to revenue than 23% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

84th percentile

38%

Higher net margin than 84% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

94th percentile

98%

Faster asset growth than 94% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

98th percentile

617%

Faster revenue growth than 98% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$709,000

Up $351,190 (+98%) from 2021

Net Assets

Up

$699,306

Up $673,428 (+2602%) from 2021

Liabilities

Down

$9,694

Down $322,238 (-97%) from 2021

Revenue

Up

$1,749,884

Up $1,505,705 (+617%) from 2021

Expenses

Up

$1,076,456

Up $516,451 (+92%) from 2021

Net Income

Up

$673,428

Up $989,254 (+313%) from 2021

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

2022

Assets$709,000
Liabilities$9,694
Net Assets$699,306

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

2022

Revenue$1,749,884
Expenses$1,076,456
Net Income$673,428
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Feb 25, 2023
Return Version
2021v4.0
Gross Receipts
$1,957,000
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$254,968$457,242▲ $202,274
Land, Buildings, and Equipment, Net$78,693$138,690▲ $59,997
Accounts Receivable$6,365$101,114▲ $94,749
Inventories for Sale or Use$17,784$11,954▼ $5,830
Total Assets$357,810$709,000▲ $351,190
Liabilities
Other Liabilities$331,334$8,393▼ $322,941
Accounts Payable and Accrued Expenses$598$1,301▲ $703
Total Liabilities$331,932$9,694▼ $322,238
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$25,878$699,306▲ $673,428
Total Net Assets Fund Balance$25,878$699,306▲ $673,428
Total Liabilities and Net Assets / Fund Balance$357,810$709,000▲ $351,190

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$60,011$405,597$465,608
Equipment$77,179$208,825$286,004
Land$1,500-$1,500
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tim PogueChairman
Peggy WilliamsVice Chairma
Cheri FogleDirector
Jason ByrdDirector
Kate MathisDirector
Kelly TeagueDirector
Lisa PooleDirector
Maria ZaragozaDirector
Tammy JoharDirector
Tom BardDirector
Vivian StobaughDirector
Laura StilesSecretary &
Revenue and Support

Revenue Composition

Contributions and Grants
$556,511
Program Service Revenue
$1,061,740
Investment Income
$1,450
Other Revenue
$130,183
All Other Contributions
$35,539
Change in Net Assets
$673,428
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$844,149
Other Expenses$232,307
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$473,910$293,485-$767,395
Payroll Taxes-$73,290-$73,290
Fees for Services Other$70,833--$70,833
Office Expenses$15,018$9,942-$24,960
All Other Expenses$8,866$15,886-$24,752
Depreciation Depletion$21,101$819-$21,920
Insurance-$20,382-$20,382
Other Expenses$8,699$3,828-$8,699
Occupancy$1,711$4,951-$6,662
Fees for Services Accounting-$5,615-$5,615
Information Technology-$3,831-$3,831
Other Employee Benefits-$3,464-$3,464
Advertising$356$1,073-$1,429
Conferences and Meetings$491--$491
Interest-$74-$74
Total Functional Expenses$609,883$466,573$0$1,076,456
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
Payroll Taxes Payable$7,070
Sales Tax Payable$1,323
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
Jason Byrd
Title
Director
Phone
2703385970
Signed
2023-02-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Byrd
Formed
1966
Legal Domicile
Ky
Voting Board Members
12
Independent Board Members
12
Employees
84
Volunteers
2

Preparer

Firm
Berry Kington & Utley Psc
Address
2822 N MAIN ST, MADISONVILLE, KY 42431-9484
Preparer
Shellie K Utley CPA
Phone
2708213355
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IRS990/PYProgramServiceRevenueAmt07152
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IRS990/PYSalariesCompEmpBnftPaidAmt0301057
IRS990/PYTotalExpensesAmt0560005
IRS990/PYTotalRevenueAmt0244179
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0673428
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01026507
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0162424
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt079067
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt046612
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt043859
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0888473
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0106
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0189
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0295
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01061740
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt07152
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0894207
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0868238
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0261188
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03092525
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0329249
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt098104
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt0126133
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0185472
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt0180146
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0919104
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0106
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0189
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0295
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IRS990ScheduleA/InvestmentIncomePYPct00.00000
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01100322
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0485193
IRS990ScheduleA/Total509Grp/TotalAmt04900102
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01947500
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04900397
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0405597
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0465608
IRS990ScheduleD/EquipmentGrp/BookValueAmt077179
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0208825
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0286004
IRS990ScheduleD/LandGrp/BookValueAmt01500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07070
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11323
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SALES TAX PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0138690
IRS990ScheduleD/TotalLiabilityAmt08393
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/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
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
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IRS990/TotalAssetsGrp/BOYAmt0357810
IRS990/TotalAssetsGrp/EOYAmt0709000
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IRS990/TotalContributionsAmt0556511
IRS990/TotalEmployeeCnt084
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0466573
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0609883
IRS990/TotalFunctionalExpensesGrp/TotalAmt01076456
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0331932
IRS990/TotalLiabilitiesEOYAmt09694
IRS990/TotalLiabilitiesGrp/BOYAmt0331932
IRS990/TotalLiabilitiesGrp/EOYAmt09694
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt025878
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0699306
IRS990/TotalProgramServiceExpensesAmt0609883
IRS990/TotalProgramServiceRevenueAmt01061740
IRS990/TotalRevenueGrp/ExclusionAmt0130183
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01063190
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01749884
IRS990/TotalVolunteersCnt02
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0709000
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0712 CENTER ST
IRS990/USAddress/CityNm0CENTRAL CITY
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd042330
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z

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