Civic Intelligence

Bardstown Historic Development Corporation

990 • Fiscal year 2022 • EIN 61-0843132

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 10, 2023

114 North Fifth StreetBardstown, KY 40004

(502) 348-2999

Siviq Scores

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

Liabilities / Assets

38th percentile

0.00x

Higher debt load relative to assets than 38% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

45th percentile

0.01x

Higher debt load relative to revenue than 45% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

87th percentile

45%

Higher net margin than 87% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

61st percentile

$31,223

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 13.1% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

67th percentile

12%

Faster asset growth than 67% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

12th percentile

-36%

Faster revenue growth than 12% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$969,233

Up $107,413 (+12%) from 2021

Net Assets

Up

$966,204

Up $106,427 (+12%) from 2021

Liabilities

Up

$3,029

Up $986 (+48%) from 2021

Revenue

Down

$238,313

Down $131,559 (-36%) from 2021

Expenses

Down

$131,886

Down $35,314 (-21%) from 2021

Net Income

Down

$106,427

Down $96,245 (-47%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $558,904Liabilities 2011: $84,877Net Assets 2011: $474,0272011Assets 2012: $555,300Liabilities 2012: $75,095Net Assets 2012: $480,2052012Assets 2013: $564,153Liabilities 2013: $66,055Net Assets 2013: $498,0982013Assets 2014: $548,680Liabilities 2014: $51,700Net Assets 2014: $496,9802014Assets 2015: $557,286Liabilities 2015: $46,471Net Assets 2015: $510,8152015Assets 2016: $547,134Liabilities 2016: $21,228Net Assets 2016: $525,9062016Assets 2017: $539,227Liabilities 2017: $1,731Net Assets 2017: $537,4962017Assets 2018: $555,432Liabilities 2018: $6,607Net Assets 2018: $548,8252018Assets 2019: $562,406Liabilities 2019: $6,854Net Assets 2019: $555,5522019Assets 2020: $658,803Liabilities 2020: $1,698Net Assets 2020: $657,1052020Assets 2021: $861,820Liabilities 2021: $2,043Net Assets 2021: $859,7772021Assets 2022: $969,233Liabilities 2022: $3,029Net Assets 2022: $966,2042022Assets 2023: $1,129,963Liabilities 2023: $1,714Net Assets 2023: $1,128,2492023Assets 2024: $1,211,403Liabilities 2024: $1,767Net Assets 2024: $1,209,6362024

Highlighted filing

2022

Assets$969,233
Liabilities$3,029
Net Assets$966,204

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $105,781Expenses 2011: $116,165Net Income 2011: -$10,3842011Revenue 2012: $117,284Expenses 2012: $111,106Net Income 2012: $6,1782012Revenue 2013: $140,773Expenses 2013: $122,880Net Income 2013: $17,8932013Revenue 2014: $129,181Expenses 2014: $130,299Net Income 2014: -$1,1182014Revenue 2015: $137,664Expenses 2015: $123,829Net Income 2015: $13,8352015Revenue 2016: $126,788Expenses 2016: $111,697Net Income 2016: $15,0912016Revenue 2017: $124,501Expenses 2017: $112,911Net Income 2017: $11,5902017Revenue 2018: $147,081Expenses 2018: $135,752Net Income 2018: $11,3292018Revenue 2019: $146,978Expenses 2019: $140,251Net Income 2019: $6,7272019Revenue 2020: $248,554Expenses 2020: $147,001Net Income 2020: $101,5532020Revenue 2021: $369,872Expenses 2021: $167,200Net Income 2021: $202,6722021Revenue 2022: $238,313Expenses 2022: $131,886Net Income 2022: $106,4272022Revenue 2023: $335,696Expenses 2023: $173,651Net Income 2023: $162,0452023Revenue 2024: $302,842Expenses 2024: $221,455Net Income 2024: $81,3872024

Highlighted filing

2022

Revenue$238,313
Expenses$131,886
Net Income$106,427
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 10, 2023
Return Version
2022v5.0
Gross Receipts
$386,193
Mission and Program Overview

Mission

To educate individuals on the history of bardstown, ky and to promote the preservation and restoration of historical buildings, and maintain the architectural significance of buildings in and around bardstown and nelson county, kentucky.

Educate individuals on the history of bardstown, ky

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$500,689$546,016▲ $45,327
Cash and Non-Interest-Bearing Accounts$341,302$403,665▲ $62,363
Savings and Temporary Cash Investments$15,885$15,888▲ $3
Inventories for Sale or Use$2,984$3,664▲ $680
Total Assets$861,820$969,233▲ $107,413
Other Assets Total$960$0▼ $960
Liabilities
Accounts Payable and Accrued Expenses$2,043$2,989▲ $946
Other Liabilities$0$40▲ $40
Total Liabilities$2,043$3,029▲ $986
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$729,045$797,590▲ $68,545
Net Assets With Donor Restrictions$130,732$168,614▲ $37,882
Total Net Assets Fund Balance$859,777$966,204▲ $106,427
Total Liabilities and Net Assets / Fund Balance$861,820$969,233▲ $107,413

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$362,349$640,048$1,002,397
Other Land Buildings$178,972$64,327$243,299
Equipment$4,695$19,146$23,841
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Linda MckloskeyPast SecretaryFT$31,223$31,223

Board Members and Trustees

NameTitle
Bill ConwayChairman
Paul MccoyVice-chair
David HallDirector
David HaydonDirector
Edgar AbellDirector
Jeanette CantrellDirector
Paula PaceDirector
Randy GetzDirector
Rev Terry BradshawDirector
Jack ReinSecretary
Francis X SmithTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$78,743
Program Service Revenue
$1,755
Investment Income
$167
Other Revenue
$157,648
All Other Contributions
$78,743
Change in Net Assets
$106,427
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$71,543
Other Expenses$60,343
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$31,223$3,469-$34,692
Other Salaries and Wages$31,649--$31,649
Occupancy$24,629$2,736-$27,365
Advertising$13,027--$13,027
Insurance$8,610$957-$9,567
Office Expenses$4,917$546-$5,463
Payroll Taxes$4,930$272-$5,202
Fees for Services Accounting$3,175--$3,175
Other Expenses$120--$120
All Other Expenses$31--$31
Total Functional Expenses$123,906$7,980$0$131,886
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$170,292
Gaming Direct Expenses$48,034
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
Security Deposits$40
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The board is provided a copy of form 990 & reviews before filing.

Form 990, Part VI, Section C, Line 19

The policies are maintained at the office and opened for public inspection.

Filing and Contact Details

Filer

Filer Name
Bardstown Historic Development
EIN
61-0843132
Phone
5023482999
Address
114 NORTH FIFTH STREET, BARDSTOWN, KY 40004

Signing Officer

Name
Bill Conway
Title
Chairman
Phone
5023482999
Signed
2023-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bill Conway
Formed
1973
Legal Domicile
Ky
Voting Board Members
11
Independent Board Members
11
Employees
6
Volunteers
0

Preparer

Firm
SMITH & COMPANY CPA'S PLLC
Address
207 NORTH THIRD STREET, BARDSTOWN, KY 40004
Preparer
James E Clarkcpa
Phone
5023487576
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Financial Statements and Reporting

The board is provided a copy of monthly financial statements and reviews them accordingly.

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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/OtherSalariesAndWagesGrp/TotalAmt031649
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0272
IRS990/PayrollTaxesGrp/ProgramServicesAmt04930
IRS990/PayrollTaxesGrp/TotalAmt05202
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0BILL CONWAY
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0238571
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0123
IRS990/PYOtherExpensesAmt0110056
IRS990/PYOtherRevenueAmt0131178
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0202672
IRS990/PYSalariesCompEmpBnftPaidAmt057144
IRS990/PYTotalExpensesAmt0167200
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0369872
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0106427
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt030216
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt037145
IRS990/SavingsAndTempCashInvstGrp/BOYAmt015885
IRS990/SavingsAndTempCashInvstGrp/EOYAmt015888
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt078743
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0238571
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt090789
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt085393
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt088764
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0582260
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0123
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt080
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt056
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt039
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0298
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt079146
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99950
IRS990ScheduleA/PublicSupportPY170Pct00.99940
IRS990ScheduleA/PublicSupportTotal170Amt0582260
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt078743
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0238571
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt090789
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt085393
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt088764
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0582260
IRS990ScheduleA/TotalSupportAmt0582558
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0362349
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0640048
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01002397
IRS990ScheduleD/EquipmentGrp/BookValueAmt04695
IRS990ScheduleD/EquipmentGrp/DepreciationAmt019146
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt023841
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0178972
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt064327
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0243299
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt040
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0546016
IRS990ScheduleD/TotalLiabilityAmt040
IRS990ScheduleG/CharitableDistributionRqrInd00
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd00
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt048034
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt0170292
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt0170292
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt0122258
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssOtherGamingAmt048034
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt048034
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd00
IRS990ScheduleG/GamingManagerIsDirectorOfcrInd0X
IRS990ScheduleG/GamingManagerPersonNm0LINDA MCCLOSKEY
IRS990ScheduleG/GamingWithNonmembersInd01
IRS990ScheduleG/IndividualWithBooksNm0LINDA MCCLOSKEY
IRS990ScheduleG/LicensedInd01
IRS990ScheduleG/LicenseSuspendedEtcInd00
IRS990ScheduleG/MemberOfOtherEntityInd00
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt0114 NORTH FIFTH STREET
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0BARDSTOWN
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0KY
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd040004
IRS990ScheduleG/StatesWhereGamingConductedCd0KY
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD IS PROVIDED A COPY OF FORM 990 & REVIEWS BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE POLICIES ARE MAINTAINED AT THE OFFICE AND OPENED FOR PUBLIC INSPECTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD IS PROVIDED A COPY OF MONTHLY FINANCIAL STATEMENTS AND REVIEWS THEM ACCORDINGLY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XII, FINANCIAL STATEMENTS AND REPORTING
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0861820
IRS990/TotalAssetsEOYAmt0969233
IRS990/TotalAssetsGrp/BOYAmt0861820
IRS990/TotalAssetsGrp/EOYAmt0969233
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt078743
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07980
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0123906
IRS990/TotalFunctionalExpensesGrp/TotalAmt0131886
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02043
IRS990/TotalLiabilitiesEOYAmt03029
IRS990/TotalLiabilitiesGrp/BOYAmt02043
IRS990/TotalLiabilitiesGrp/EOYAmt03029
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0859777
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0966204
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt01755
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt01755
IRS990/TotalProgramServiceExpensesAmt0123906
IRS990/TotalProgramServiceRevenueAmt01755
IRS990/TotalReportableCompFromOrgAmt031223
IRS990/TotalRevenueGrp/ExclusionAmt0122425

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$0.00$1.21$0.30$0.22$0.08
2023Detailed filing. Detailed filing data is available for this year.$1.13$0.00$1.13$0.34$0.17$0.16
2022Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$0.24$0.13$0.11
2021Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.86$0.37$0.17$0.20
2020Detailed filing. Detailed filing data is available for this year.$0.66$0.00$0.66$0.25$0.15$0.10
2019Detailed filing. Detailed filing data is available for this year.$0.56$0.01$0.56$0.15$0.14$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.56$0.01$0.55$0.15$0.14$0.01
2017Summary only. Only limited summary data is available for this year.$0.54$0.00$0.54$0.12$0.11$0.01
2016Summary only. Only limited summary data is available for this year.$0.55$0.02$0.53$0.13$0.11$0.02
2015Summary only. Only limited summary data is available for this year.$0.56$0.05$0.51$0.14$0.12$0.01
2014Summary only. Only limited summary data is available for this year.$0.55$0.05$0.50$0.13$0.13$0.00
2013Summary only. Only limited summary data is available for this year.$0.56$0.07$0.50$0.14$0.12$0.02
2012Summary only. Only limited summary data is available for this year.$0.56$0.08$0.48$0.12$0.11$0.01
2011Summary only. Only limited summary data is available for this year.$0.56$0.08$0.47$0.11$0.12$0.01