Civic Intelligence

Woodford County Chamber of Commerce

EIN 61-1033363 • 501(c)6 • Versailles, KY

Profile

To promote local business and tourism

126 S Main StVersailles, KY 40383

n/A

Siviq Scores

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

Liabilities / Assets

56th percentile

0.01x

Higher debt load relative to assets than 56% of similar nonprofits.

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

Liabilities / Revenue

58th percentile

0.01x

Higher debt load relative to revenue than 58% of similar nonprofits.

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

Net Margin

89th percentile

31%

Higher net margin than 89% of similar nonprofits.

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

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

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

Asset Growth

90th percentile

44%

Faster asset growth than 90% of similar nonprofits.

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

Revenue Growth

75th percentile

18%

Faster revenue growth than 75% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$419,046

Up $128,699 (+44%) from 2023

Liabilities

Up

$3,152

Up $6,338 (+199%) from 2023

Net Assets

Up

$415,894

Up $122,361 (+42%) from 2023

Operations
Liabilities / Revenue58th percentileNet Margin89th percentile

Revenue

Up

$395,271

Up $60,069 (+18%) from 2023

Expenses

Up

$272,910

Up $26,786 (+11%) from 2023

Net Income

Up

$122,361

Up $33,283 (+37%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth90th percentile

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

$600K$400K$200K$0-$200KAssets 2010: $56,025Liabilities 2010: $24,767Net Assets 2010: $31,2582010Assets 2011: $81,435Liabilities 2011: $29,009Net Assets 2011: $52,4262011Assets 2012: $46,449Liabilities 2012: $26,545Net Assets 2012: $19,9042012Assets 2013: $27,493Liabilities 2013: $14,827Net Assets 2013: $12,6662013Assets 2014: $32,674Liabilities 2014: $1,100Net Assets 2014: $31,5742014Assets 2015: $38,858Net Assets 2015: $38,8582015Assets 2016: $61,096Net Assets 2016: $61,0962016Assets 2017: $65,105Net Assets 2017: $65,1052017Assets 2018: $76,502Net Assets 2018: $33,8572018Assets 2019: $90,767Net Assets 2019: $90,7672019Assets 2020: $95,621Net Assets 2020: $95,6212020Assets 2021: $119,984Liabilities 2021: $0Net Assets 2021: $119,9842021Assets 2022: $199,263Liabilities 2022: $13,491Net Assets 2022: $185,7722022Assets 2023: $290,347Liabilities 2023: -$3,186Net Assets 2023: $293,5332023Assets 2024: $419,046Liabilities 2024: $3,152Net Assets 2024: $415,8942024

Highlighted filing

2024

Assets$419,046
Liabilities$3,152
Net Assets$415,894
Open 2024 Filing

Operations Trend

Revenue Growth75th percentile

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

$400K$200K$0-$200KRevenue 2010: $126,242Expenses 2010: $108,892Net Income 2010: $17,3502010Revenue 2011: $118,514Expenses 2011: $97,346Net Income 2011: $21,1682011Revenue 2012: $65,737Expenses 2012: $98,259Net Income 2012: -$32,5222012Revenue 2013: $92,652Expenses 2013: $74,851Net Income 2013: $17,8012013Revenue 2014: $122,841Expenses 2014: $103,933Net Income 2014: $18,9082014Revenue 2015: $96,268Expenses 2015: $88,984Net Income 2015: $7,2842015Revenue 2016: $112,452Expenses 2016: $90,214Net Income 2016: $22,2382016Revenue 2017: $103,182Expenses 2017: $99,173Net Income 2017: $4,0092017Revenue 2018: $121,183Expenses 2018: $152,431Net Income 2018: -$31,2482018Revenue 2019: $133,795Expenses 2019: $119,530Net Income 2019: $14,2652019Revenue 2020: $116,844Expenses 2020: $111,990Net Income 2020: $4,8542020Revenue 2021: $207,989Expenses 2021: $147,976Net Income 2021: $60,0132021Revenue 2022: $259,025Expenses 2022: $218,682Net Income 2022: $40,3432022Revenue 2023: $335,202Expenses 2023: $246,124Net Income 2023: $89,0782023Revenue 2024: $395,271Expenses 2024: $272,910Net Income 2024: $122,3612024

Highlighted filing

2024

Revenue$395,271
Expenses$272,910
Net Income$122,361
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$419,046
Liabilities
$3,152
Net assets
$415,894
Revenue
$395,271
Expenses
$272,910
Net income
$122,361
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.19$0.03$4.16$3.95$2.73$1.22
2023Detailed filing. Detailed filing data is available for this year.$2.90$0.03$2.94$3.35$2.46$0.89
2022Detailed filing. Detailed filing data is available for this year.$1.99$0.13$1.86$2.59$2.19$0.40
2021Detailed filing. Detailed filing data is available for this year.$1.20$0.00$1.20$2.08$1.48$0.60
2020Detailed filing. Detailed filing data is available for this year.$0.96$0.96$1.17$1.12$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.91$0.91$1.34$1.20$0.14
2018Detailed filing. Detailed filing data is available for this year.$0.77$0.34$1.21$1.52$0.31
2017Detailed filing. Detailed filing data is available for this year.$0.65$0.65$1.03$0.99$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.61$0.61$1.12$0.90$0.22
2015Detailed filing. Detailed filing data is available for this year.$0.39$0.39$0.96$0.89$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.33$0.01$0.32$1.23$1.04$0.19
2013Detailed filing. Detailed filing data is available for this year.$0.27$0.15$0.13$0.93$0.75$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.27$0.20$0.66$0.98$0.33
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.29$0.52$1.19$0.97$0.21
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.25$0.31$1.26$1.09$0.17
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 17, 2025
Return Version
2024v5.1
Gross Receipts
$395,271
Mission and Program Overview

Mission

To promote local business and tourism

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$290,347$421,052▲ $130,705
Rtn Earn Endowment Incm Other Fnds$293,533$415,894▲ $122,361
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Accounts Receivable-$-2,006-
Total Assets$290,347$419,046▲ $128,699
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$3,811$3,152▼ $659
Other Liabilities$-6,997--
Total Liabilities$-3,186$3,152▲ $6,338
Net Assets / Fund Balance
Total Net Assets Fund Balance$293,533$415,894▲ $122,361
Total Liabilities and Net Assets / Fund Balance$290,347$419,046▲ $128,699
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Austin WingateChairman
Emily DowneyPresident & CEO
Cassie BarnesDirector
Cassie PratherDirector
Christie EckerlineDirector
Elaine BaileyDirector
Jeri HartleyDirector
Laurie DoroughDirector
Megan FieldsDirector
Michael MoormanDirector
Thomas DavenportDirector
Tim CulverDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$389,161
Investment Income
$6,110
Other Revenue
$0
Change in Net Assets
$122,361
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$147,049
Other Expenses$125,861
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$147,049-$147,049
Advertising$24,952--$24,952
Occupancy-$19,461-$19,461
Office Expenses-$13,041-$13,041
Fees for Services Accounting-$7,495-$7,495
Other Expenses$3,845$7,087-$3,845
Insurance-$3,573-$3,573
All Other Expenses-$2,425-$2,425
Total Functional Expenses$60,721$212,189$0$272,910
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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

“No review was or will be conducted.”

Form 990, Part VI, Section C, Line 19

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Woodford County Chamber of Commerce
EIN
61-1033363
Phone
8598735122
Address
126 S MAIN ST, VERSAILLES, KY 40383

Signing Officer

Name
Emily Downey
Title
President & CEO
Signed
2025-05-17
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
12
Independent Board Members
0
Employees
0

Preparer

Firm
Deanna Ramsey CPA LLC
Address
P O BOX 1032, VERSAILLES, KY 40383
Preparer
Deanna Ramsey
Phone
8598730981
Raw XML Appendix377 raw XML fields

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/OtherExpensesGrp/Desc0ANNUAL EVENTS
IRS990/OtherExpensesGrp/Desc1OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc2ADMIN EXPENSES
IRS990/OtherExpensesGrp/Desc3OTHER EVENTS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012058
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17087
IRS990/OtherExpensesGrp/ProgramServicesAmt031924
IRS990/OtherExpensesGrp/ProgramServicesAmt13845
IRS990/OtherExpensesGrp/TotalAmt031924
IRS990/OtherExpensesGrp/TotalAmt112058
IRS990/OtherExpensesGrp/TotalAmt27087
IRS990/OtherExpensesGrp/TotalAmt33845
IRS990/OtherLiabilitiesGrp/BOYAmt0-6997
IRS990/OtherRevenueMiscGrp/Desc0BRONZE LEVEL PARTNERSHIP
IRS990/OtherRevenueMiscGrp/Desc1GOLD LEVEL PARTNERSHIP
IRS990/OtherRevenueMiscGrp/Desc2SILVER LEVEL PARTNERSHIP
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0147049
IRS990/OtherSalariesAndWagesGrp/TotalAmt0147049
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0DUES
IRS990/ProgramServiceRevenueGrp/Desc1EVENTS
IRS990/ProgramServiceRevenueGrp/Desc2MAGAZINE INCOME
IRS990/ProgramServiceRevenueGrp/Desc3OTHER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt097867
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1224640
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22490
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt364164
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt097867
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1224640
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22490
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt364164
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0121514
IRS990/PYProgramServiceRevenueAmt0335202
IRS990/PYRevenuesLessExpensesAmt089078
IRS990/PYSalariesCompEmpBnftPaidAmt0124610
IRS990/PYTotalExpensesAmt0246124
IRS990/PYTotalRevenueAmt0335202
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0122361
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0293533
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0415894
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0290347
IRS990/TotalAssetsEOYAmt0419046
IRS990/TotalAssetsGrp/BOYAmt0290347
IRS990/TotalAssetsGrp/EOYAmt0419046
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0212189
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt060721
IRS990/TotalFunctionalExpensesGrp/TotalAmt0272910
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0-3186
IRS990/TotalLiabilitiesEOYAmt03152
IRS990/TotalLiabilitiesGrp/BOYAmt0-3186
IRS990/TotalLiabilitiesGrp/EOYAmt03152
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0293533
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0415894
IRS990/TotalProgramServiceRevenueAmt0389161
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0395271
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0395271
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0290347
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0419046
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0126 S MAIN ST
IRS990/USAddress/CityNm0VERSAILLES
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd040383
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0EMILY DOWNEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WOODFORD COUNTY CHAMBER OF COMMERCE
ReturnHeader/Filer/BusinessNameControlTxt0WOOD
ReturnHeader/Filer/EIN0611033363
ReturnHeader/Filer/PhoneNum08598735122
ReturnHeader/Filer/USAddress/AddressLine1Txt0126 S MAIN ST
ReturnHeader/Filer/USAddress/CityNm0VERSAILLES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040383
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0342027658
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DEANNA RAMSEY CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0P O BOX 1032
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0VERSAILLES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd040383
ReturnHeader/PreparerPersonGrp/PhoneNum08598730981
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Deanna Ramsey
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-05-17T11:57:53-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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