Civic Intelligence

Bardstown-Nelson County Chamber Of

EIN 61-0666210 • 501(c)6 • Bardstown, KY

Profile

To promote & serve area commerce

One Court SquareBardstown, KY 40004
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

71st percentile

0.07x

Higher debt load relative to assets than 71% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

70th percentile

0.04x

Higher debt load relative to revenue than 70% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

51st percentile

1.3%

Higher net margin than 51% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

63rd percentile

5.5%

Faster asset growth than 63% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

72nd percentile

15%

Faster revenue growth than 72% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$301,250

Up $15,712 (+5.5%) from 2023

Liabilities

Up

$20,149

Up $9,753 (+94%) from 2023

Net Assets

Up

$281,101

Up $5,959 (+2.2%) from 2023

Revenue

Up

$449,123

Up $59,132 (+15%) from 2023

Expenses

Up

$443,164

Up $34,647 (+8.5%) from 2023

Net Income

Up

$5,959

Up $24,485 (+132%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2011: $179,863Liabilities 2011: $1,615Net Assets 2011: $178,2482011Assets 2012: $172,444Liabilities 2012: $2,377Net Assets 2012: $170,0672012Assets 2013: $177,916Liabilities 2013: $1,666Net Assets 2013: $176,2502013Assets 2014: $174,904Liabilities 2014: $4,094Net Assets 2014: $170,8102014Assets 2015: $160,177Liabilities 2015: $5,160Net Assets 2015: $155,0172015Assets 2016: $150,779Liabilities 2016: $6,311Net Assets 2016: $144,4682016Assets 2017: $162,879Liabilities 2017: $3,611Net Assets 2017: $159,2682017Assets 2018: $179,588Liabilities 2018: $7,667Net Assets 2018: $171,9212018Assets 2019: $214,163Liabilities 2019: $3,870Net Assets 2019: $210,2932019Assets 2020: $237,149Liabilities 2020: $3,340Net Assets 2020: $233,8092020Assets 2021: $288,094Liabilities 2021: $3,898Net Assets 2021: $284,1962021Assets 2022: $296,784Liabilities 2022: $2,149Net Assets 2022: $294,6352022Assets 2023: $285,538Liabilities 2023: $10,396Net Assets 2023: $275,1422023Assets 2024: $301,250Liabilities 2024: $20,149Net Assets 2024: $281,1012024

Highlighted filing

2024

Assets$301,250
Liabilities$20,149
Net Assets$281,101

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $200,091Expenses 2011: $191,221Net Income 2011: $8,8702011Revenue 2012: $168,869Expenses 2012: $173,705Net Income 2012: -$4,8362012Revenue 2013: $201,710Expenses 2013: $195,527Net Income 2013: $6,1832013Revenue 2014: $205,325Expenses 2014: $210,765Net Income 2014: -$5,4402014Revenue 2015: $187,353Expenses 2015: $203,146Net Income 2015: -$15,7932015Revenue 2016: $199,240Expenses 2016: $209,789Net Income 2016: -$10,5492016Revenue 2017: $250,981Expenses 2017: $236,179Net Income 2017: $14,8022017Revenue 2018: $250,717Expenses 2018: $238,064Net Income 2018: $12,6532018Revenue 2019: $300,151Expenses 2019: $265,063Net Income 2019: $35,0882019Revenue 2020: $214,586Expenses 2020: $197,944Net Income 2020: $16,6422020Revenue 2021: $355,152Expenses 2021: $304,765Net Income 2021: $50,3872021Revenue 2022: $396,679Expenses 2022: $384,916Net Income 2022: $11,7632022Revenue 2023: $389,991Expenses 2023: $408,517Net Income 2023: -$18,5262023Revenue 2024: $449,123Expenses 2024: $443,164Net Income 2024: $5,9592024

Highlighted filing

2024

Revenue$449,123
Expenses$443,164
Net Income$5,959

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.01$0.20$2.81$4.49$4.43$0.06
2023Detailed filing. Detailed filing data is available for this year.$2.86$0.10$2.75$3.90$4.09$0.19
2022Detailed filing. Detailed filing data is available for this year.$2.97$0.02$2.95$3.97$3.85$0.12
2021Detailed filing. Detailed filing data is available for this year.$2.88$0.04$2.84$3.55$3.05$0.50
2020Detailed filing. Detailed filing data is available for this year.$2.37$0.03$2.34$2.15$1.98$0.17
2019Detailed filing. Detailed filing data is available for this year.$2.14$0.04$2.10$3.00$2.65$0.35
2018Detailed filing. Detailed filing data is available for this year.$1.80$0.08$1.72$2.51$2.38$0.13
2017Detailed filing. Detailed filing data is available for this year.$1.63$0.04$1.59$2.51$2.36$0.15
2016Detailed filing. Detailed filing data is available for this year.$1.51$0.06$1.44$1.99$2.10$0.11
2015Summary only. Only limited summary data is available for this year.$1.60$0.05$1.55$1.87$2.03$0.16
2014Summary only. Only limited summary data is available for this year.$1.75$0.04$1.71$2.05$2.11$0.05
2013Summary only. Only limited summary data is available for this year.$1.78$0.02$1.76$2.02$1.96$0.06
2012Summary only. Only limited summary data is available for this year.$1.72$0.02$1.70$1.69$1.74$0.05
2011Summary only. Only limited summary data is available for this year.$1.80$0.02$1.78$2.00$1.91$0.09
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 31, 2025
Return Version
2024v5.2
Gross Receipts
$449,123
Mission and Program Overview

Mission

To promote & serve area commerce

The mission of the bardstown-nelson county chamber of commerce is to make a positive impact on our community by connecting members to build strong businesses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$186,136$177,348▼ $8,788
Savings and Temporary Cash Investments$44,859$78,036▲ $33,177
Accounts Receivable$53,585$45,139▼ $8,446
Land, Buildings, and Equipment, Net$958$727▼ $231
Total Assets$285,538$301,250▲ $15,712
Liabilities
Accounts Payable and Accrued Expenses$10,396$20,149▲ $9,753
Total Liabilities$10,396$20,149▲ $9,753
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$275,142$281,101▲ $5,959
Total Net Assets Fund Balance$275,142$281,101▲ $5,959
Total Liabilities and Net Assets / Fund Balance$285,538$301,250▲ $15,712

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$727$35,586-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nathan Downs2024 Board Chair
Christine HovanBoard Member
Hannah MedleyBoard Member
Jeremy RiggsBoard Member
Jessica LeakeBoard Member
John HicksBoard Member
Josh BlackmonBoard Member
Kelly ScottBoard Member
Landon FosterBoard Member
Manoj PatelBoard Member
Nikki House-goffBoard Member
Rita KoontzBoard Member
Zachary SinclairBoard Member
Lisa ThomasExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$15,875
Program Service Revenue
$431,050
Investment Income
$2,198
Other Revenue
$0
All Other Contributions
$15,875
Change in Net Assets
$5,959
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$239,284
Salaries, Compensation, and Employee Benefits$203,880
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$176,757$27,237-$203,994
Other Salaries and Wages-$106,614-$106,614
Current Officers, Directors, Trustees, and Key Employees-$81,629-$81,629
Payroll Taxes-$14,637-$14,637
Office Expenses-$8,257-$8,257
Occupancy-$4,668-$4,668
Travel-$4,622-$4,622
Insurance-$4,468-$4,468
Pension Plan Contributions-$1,000-$1,000
Other Expenses-$599-$599
Depreciation Depletion-$231-$231
Fees for Services Legal-$180-$180
Total Functional Expenses$176,757$266,407$0$443,164
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

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

Governance Explanations

Committee meeting documentation Part VI line 8B

There is no committee that makes decisions for the governing body so there is no meeting documentation

Form 990 governing body review Part VI line 11

The governing body does review the form 990 once it is filed.

Conflict of interest policy compliance Part VI line 12C

Organization has implemented conflict of interest policies and regularly monitors all transactions with all members to ensure compliance.

CEO executive director top management comp Part VI line 15A

The salaries of all employees are reviewed and set by the board of directors

Other officer or key employee compensation Part VI line 15B

The salaries of all other employees is reviewed and determined by the board of directors.

Governing documents etc available to public Part VI line 19

All documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Bardstown-nelson County Chamber of
EIN
61-0666210
In Care Of
% LISA THOMAS
Phone
5023489545
Address
ONE COURT SQUARE, BARDSTOWN, KY 40004

Signing Officer

Name
Lisa Thomas
Title
Executive Director
Phone
5023489545
Signed
2025-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lisa Thomas
Formed
1923
Legal Domicile
Ky
Voting Board Members
13
Independent Board Members
13
Employees
4
Volunteers
55

Preparer

Firm
Walker McCubbins and Assoc Inc
Address
978 Chambers Blvd, Bardstown, KY 40004
Preparer
Lynn Mccubbins
Phone
5023485593
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Differences in prior yr balance and current year due to voided transactions and depr was adjusted to actual current year end balances.

List of other expenses Part IX line 24E

Program services direct expenses 176757

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IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE MISSION OF THE BARDSTOWN-NELSON COUNTY CHAMBER OF COMMERCE IS TO MAKE A POSITIVE IMPACT ON OUR COMMUNITY BY CONNECTING MEMBERS TO BUILD STRONG BUSINESSES.
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IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetAssetsOrFundBalancesEOYAmt0281101
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0true
IRS990/NondeductibleContriDisclInd0true
IRS990/OccupancyGrp/ManagementAndGeneralAmt04668
IRS990/OccupancyGrp/TotalAmt04668
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08257
IRS990/OfficeExpensesGrp/TotalAmt08257
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IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0TELEPHONE
IRS990/OtherExpensesGrp/Desc1CREDIT CARD FEES
IRS990/OtherExpensesGrp/Desc2DUES
IRS990/OtherExpensesGrp/Desc3POSTAGE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05258
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14689
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22318
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3599
IRS990/OtherExpensesGrp/TotalAmt05258
IRS990/OtherExpensesGrp/TotalAmt14689
IRS990/OtherExpensesGrp/TotalAmt22318
IRS990/OtherExpensesGrp/TotalAmt3599
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0106614
IRS990/OtherSalariesAndWagesGrp/TotalAmt0106614
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt014637
IRS990/PayrollTaxesGrp/TotalAmt014637
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01000
IRS990/PensionPlanContributionsGrp/TotalAmt01000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0LISA THOMAS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICES
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIP DUES
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1173457
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0257593
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1173457
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE IS NO COMMITTEE THAT MAKES DECISIONS FOR THE GOVERNING BODY SO THERE IS NO MEETING DOCUMENTATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING BODY DOES REVIEW THE FORM 990 ONCE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZATION HAS IMPLEMENTED CONFLICT OF INTEREST POLICIES AND REGULARLY MONITORS ALL TRANSACTIONS WITH ALL MEMBERS TO ENSURE COMPLIANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SALARIES OF ALL EMPLOYEES ARE REVIEWED AND SET BY THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE SALARIES OF ALL OTHER EMPLOYEES IS REVIEWED AND DETERMINED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DIFFERENCES IN PRIOR YR BALANCE AND CURRENT YEAR DUE TO VOIDED TRANSACTIONS AND DEPR WAS ADJUSTED TO ACTUAL CURRENT YEAR END BALANCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PROGRAM SERVICES DIRECT EXPENSES 176757
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Committee meeting documentation Part VI line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7List of other expenses Part IX line 24e
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0KY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
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IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/EOYAmt0301250
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0266407
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0176757
IRS990/TotalFunctionalExpensesGrp/TotalAmt0443164
IRS990/TotalGrossUBIAmt02198
IRS990/TotalLiabilitiesBOYAmt010396
IRS990/TotalLiabilitiesEOYAmt020149
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IRS990/TotalLiabilitiesGrp/EOYAmt020149
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0281101
IRS990/TotalOtherCompensationAmt00
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IRS990/TotalProgramServiceRevenueAmt0431050
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0431050
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0449123
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt02198
IRS990/TotalVolunteersCnt055
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0285538
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0301250
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ManagementAndGeneralAmt04622
IRS990/TravelGrp/TotalAmt04622
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0ONE COURT SQUARE
IRS990/USAddress/CityNm0BARDSTOWN
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd040004
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LISA THOMAS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05023489545
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-31
ReturnHeader/DisasterReliefTxt0DISASTER DECLARATION KY FLOODING FEBRUARY & APRIL 2025.
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BARDSTOWN-NELSON COUNTY CHAMBER OF
ReturnHeader/Filer/BusinessNameControlTxt0BARD
ReturnHeader/Filer/EIN0610666210
ReturnHeader/Filer/InCareOfNm0% LISA THOMAS
ReturnHeader/Filer/PhoneNum05023489545
ReturnHeader/Filer/USAddress/AddressLine1Txt0ONE COURT SQUARE
ReturnHeader/Filer/USAddress/CityNm0BARDSTOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040004
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0610981757
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Walker McCubbins and Assoc Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0978 Chambers Blvd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Bardstown

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