Civic Intelligence

Jesse Stuart Foundation Inc.

990 • Fiscal year 2014 • EIN 61-0959617

Jan 01, 2014 to Dec 31, 2014 • Filed on May 12, 2015

4440 13th StreetAshland, KY 41102

(606) 326-1667

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.01x

Higher debt load relative to assets than 22% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

24th percentile

0.02x

Higher debt load relative to revenue than 24% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

92nd percentile

54%

Higher net margin than 92% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

79th percentile

16%

Faster asset growth than 79% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

92nd percentile

77%

Faster revenue growth than 92% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$1,641,821

Up $231,967 (+16%) from 2013

Net Assets

Up

$1,631,103

Up $294,155 (+22%) from 2013

Liabilities

Down

$10,718

Down $62,188 (-85%) from 2013

Revenue

Up

$547,859

Up $237,937 (+77%) from 2013

Expenses

Down

$253,704

Down $73,214 (-22%) from 2013

Net Income

Up

$294,155

Up $311,151 (+1831%) from 2013

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,459,228Liabilities 2010: $18,481Net Assets 2010: $1,440,7472010Assets 2011: $1,452,585Liabilities 2011: $4,230Net Assets 2011: $1,448,3552011Assets 2012: $1,391,981Liabilities 2012: $38,037Net Assets 2012: $1,353,9442012Assets 2013: $1,409,854Liabilities 2013: $72,906Net Assets 2013: $1,336,9482013Assets 2014: $1,641,821Liabilities 2014: $10,718Net Assets 2014: $1,631,1032014Assets 2015: $1,664,474Liabilities 2015: $12,728Net Assets 2015: $1,651,7462015Assets 2016: $1,354,683Liabilities 2016: $12,511Net Assets 2016: $1,342,1722016Assets 2017: $1,248,343Liabilities 2017: $15,765Net Assets 2017: $1,232,5782017Assets 2018: $1,146,883Liabilities 2018: $22,514Net Assets 2018: $1,124,3692018Assets 2019: $1,002,084Liabilities 2019: $25,250Net Assets 2019: $976,8342019Assets 2020: $992,907Liabilities 2020: $34,907Net Assets 2020: $958,0002020Assets 2021: $1,120,905Liabilities 2021: $23,543Net Assets 2021: $1,097,3622021Assets 2022: $1,092,494Liabilities 2022: $23,007Net Assets 2022: $1,069,4872022Assets 2023: $1,041,608Liabilities 2023: $23,743Net Assets 2023: $1,017,8652023Assets 2024: $1,046,449Liabilities 2024: $23,614Net Assets 2024: $1,022,8352024

Highlighted filing

2014

Assets$1,641,821
Liabilities$10,718
Net Assets$1,631,103

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $263,0402010Expenses 2011: $243,3482011Expenses 2012: $312,9842012Revenue 2013: $309,922Expenses 2013: $326,918Net Income 2013: -$16,9962013Revenue 2014: $547,859Expenses 2014: $253,704Net Income 2014: $294,1552014Revenue 2015: $432,192Expenses 2015: $350,293Net Income 2015: $81,8992015Revenue 2016: $151,103Expenses 2016: $262,246Net Income 2016: -$111,1432016Revenue 2017: $135,107Expenses 2017: $241,625Net Income 2017: -$106,5182017Revenue 2018: $111,424Expenses 2018: $239,594Net Income 2018: -$128,1702018Revenue 2019: $69,917Expenses 2019: $217,452Net Income 2019: -$147,5352019Revenue 2020: $138,552Expenses 2020: $157,386Net Income 2020: -$18,8342020Revenue 2021: $332,172Expenses 2021: $199,401Net Income 2021: $132,7712021Revenue 2022: $146,123Expenses 2022: $173,998Net Income 2022: -$27,8752022Revenue 2023: $122,956Expenses 2023: $164,169Net Income 2023: -$41,2132023Revenue 2024: $177,582Expenses 2024: $162,208Net Income 2024: $15,3742024

Highlighted filing

2014

Revenue$547,859
Expenses$253,704
Net Income$294,155
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 12, 2015
Return Version
2014v5.0
Gross Receipts
$1,606,213
Mission and Program Overview

Mission

Preserving the human and literary legacy of jesse stuart and other kentucky and appalachian writers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,336,948$1,631,103▲ $294,155
Land, Buildings, and Equipment, Net$514,810$552,523▲ $37,713
Inventories for Sale or Use$443,078$497,000▲ $53,922
Investments Other Securities$313,209$402,351▲ $89,142
Cash and Non-Interest-Bearing Accounts$39,372$109,080▲ $69,708
Savings and Temporary Cash Investments$65,991$66,266▲ $275
Accounts Receivable$33,394$14,601▼ $18,793
Total Assets$1,409,854$1,641,821▲ $231,967
Liabilities
Accounts Payable and Accrued Expenses$72,906$10,718▼ $62,188
Total Liabilities$72,906$10,718▼ $62,188
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,336,948$1,631,103▲ $294,155
Total Liabilities and Net Assets / Fund Balance$1,409,854$1,641,821▲ $231,967

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$531,273$98,515$629,788
Land$21,250-$21,250
Other Securities$402,351--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Fritz Mildred Enyart ScarboroughChair
Don Ruby MillerVice Chair
Carl Buzzy LemingBoard Member
David PalmoreBoard Member
Howard HarrisonBoard Member
Jane StuartBoard Member
John McginnisBoard Member
Jonathan JeffreyBoard Member
Mark MaynardBoard Member
Nancy Jeff PrestonBoard Member
Paula KopaczBoard Member
Rebecca BaileyBoard Member
Ronald CarteeBoard Member
Sherry HorsleyBoard Member
Wayne AndrewsBoard Member
Wayne OnkstBoard Member
Dr Charlie SweetEmeritus Mem
Dr Hal BlytheEmeritus Mem
Dr John SpurlockEmeritus Mem
Dr Thayle AndersonEmeritus Mem
Judy ThomasEmeritus Mem
Gregory MongeGeneral Coun
Dr James M GiffordSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$426,239
Program Service Revenue
$0
Investment Income
$-73,498
Other Revenue
$195,118
All Other Contributions
$426,239
Change in Net Assets
$294,155
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$178,332
Salaries, Compensation, and Employee Benefits$75,372
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$26,529$27,612-$54,141
Occupancy$40,748--$40,748
Office Expenses$34,304--$34,304
Royalties$34,009--$34,009
Payroll Taxes$10,403$10,828-$21,231
Advertising$15,425--$15,425
Depreciation Depletion$11,370--$11,370
Fees for Service Investment Mgmnt Fees-$5,455-$5,455
Travel$2,420--$2,420
Fees for Services Accounting-$920-$920
Other Expenses$451--$451
Total Functional Expenses$208,889$44,815$0$253,704
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
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

No review was or will be conducted.

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

Each board member is expected to complete and sign a conflict of interest letter annually, at the fall meeting, in which he/she can declare no conflicts of interest or disclose potential conflicts of interest.

Form 990, Page 6, Part VI, Line 19

Board review and approval of all disclosures and internal documents.

Filing and Contact Details

Filer

Filer Name
Jesse Stuart Foundation Inc
EIN
61-0959617
Phone
6063261667
Address
4440 13TH STREET, ASHLAND, KY 41102

Signing Officer

Name
James E Gifford
Title
CEO
Phone
6063261667
Signed
2015-05-12

Organization Details

Formed
1979
Legal Domicile
Ky
Voting Board Members
22
Independent Board Members
22
Employees
4

Preparer

Firm
Kelley Galloway Smith Goolsby Psc
Address
1200 CORPORATE COURT PO BOX 990, ASHLAND, KY 41105-0990
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IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0482242
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IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PRESERVING THE HUMAN AND LITERARY LEGACY OF JESSE STUART AND OTHER KENTUCKY AND APPALACHIAN WRITERS.
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IRS990/MoreThan5000KToOrgInd0false
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt040748
IRS990/OccupancyGrp/TotalAmt040748
IRS990/OfficeExpensesGrp/ProgramServicesAmt034304
IRS990/OfficeExpensesGrp/TotalAmt034304
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0BOOK PRODUCTION
IRS990/OtherExpensesGrp/Desc1BANK CHARGES
IRS990/OtherExpensesGrp/Desc2DUES
IRS990/OtherExpensesGrp/ProgramServicesAmt030406
IRS990/OtherExpensesGrp/ProgramServicesAmt12824
IRS990/OtherExpensesGrp/ProgramServicesAmt2451
IRS990/OtherExpensesGrp/TotalAmt030406
IRS990/OtherExpensesGrp/TotalAmt12824
IRS990/OtherExpensesGrp/TotalAmt2451
IRS990/OtherRevenueMiscGrp/Desc0BUILDING LEASE
IRS990/OtherRevenueMiscGrp/Desc1PARKING LEASE
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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1395
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1395
IRS990/OtherRevenueTotalAmt01051
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt027612
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt026529
IRS990/OtherSalariesAndWagesGrp/TotalAmt054141
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010828
IRS990/PayrollTaxesGrp/ProgramServicesAmt010403
IRS990/PayrollTaxesGrp/TotalAmt021231
IRS990/PoliticalCampaignActyInd0false
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt096236
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt04074
IRS990/PYOtherExpensesAmt0224207
IRS990/PYOtherRevenueAmt0209612
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IRS990/PYTotalExpensesAmt0326918
IRS990/PYTotalRevenueAmt0309922
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IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/ProgramServicesAmt034009
IRS990/RoyaltiesGrp/TotalAmt034009
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01336948
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt096236
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt066965
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt094746
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt052873
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0737059
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt07731
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04074
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt013741
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt09406
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01167
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt036119
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0416711
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01051
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt039901
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01476
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt025819
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt012895
IRS990ScheduleA/OtherIncome170Grp/TotalAmt081142
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IRS990ScheduleA/PublicSupportPY170Pct00.70950
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IRS990ScheduleA/SubstantialContributorsTotAmt032914
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0426239
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt096236
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt052873
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0737059
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/LandGrp/BookValueAmt021250
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt021250
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0531273
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt098515
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0629788
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0402351
IRS990ScheduleD/OtherSecuritiesGrp/Desc0OTHER SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0552523
IRS990ScheduleD/TotalBookValueSecuritiesAmt0402351
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH BOARD MEMBER IS EXPECTED TO COMPLETE AND SIGN A CONFLICT OF INTEREST LETTER ANNUALLY, AT THE FALL MEETING, IN WHICH HE/SHE CAN DECLARE NO CONFLICTS OF INTEREST OR DISCLOSE POTENTIAL CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD REVIEW AND APPROVAL OF ALL DISCLOSURES AND INTERNAL DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01409854
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IRS990/TotalAssetsGrp/BOYAmt01409854
IRS990/TotalAssetsGrp/EOYAmt01641821
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0426239
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.05$0.02$1.02$0.18$0.16$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.04$0.02$1.02$0.12$0.16$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.09$0.02$1.07$0.15$0.17$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.12$0.02$1.10$0.33$0.20$0.13
2020Detailed filing. Detailed filing data is available for this year.$0.99$0.03$0.96$0.14$0.16$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.00$0.03$0.98$0.07$0.22$0.15
2018Detailed filing. Detailed filing data is available for this year.$1.15$0.02$1.12$0.11$0.24$0.13
2017Detailed filing. Detailed filing data is available for this year.$1.25$0.02$1.23$0.14$0.24$0.11
2016Detailed filing. Detailed filing data is available for this year.$1.35$0.01$1.34$0.15$0.26$0.11
2015Detailed filing. Detailed filing data is available for this year.$1.66$0.01$1.65$0.43$0.35$0.08
2014Detailed filing. Detailed filing data is available for this year.$1.64$0.01$1.63$0.55$0.25$0.29
2013Detailed filing. Detailed filing data is available for this year.$1.41$0.07$1.34$0.31$0.33$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.39$0.04$1.35$0.31
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.45$0.00$1.45$0.24
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.46$0.02$1.44$0.26