Civic Intelligence

Rhoads Scholarship Trust Co Wealthsouth

990PF • Fiscal year 2021 • EIN 61-1089770

Jan 01, 2021 to Dec 31, 2021 • Filed on May 16, 2022

911 College Street Ste 100Bowling Green, KY 42101-2183

(270) 783-3073

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • <$500k nonprofits • Source year 2021

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • <$500k nonprofits • Source year 2021

Net Margin

89th percentile

59%

Higher net margin than 89% of similar nonprofits.

2021 filings • <$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$3,882

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 7.9% of source-year revenue.

2021 filings • <$500k nonprofits • Source year 2021

Asset Growth

62nd percentile

12%

Faster asset growth than 62% of similar nonprofits.

2021 filings • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

96th percentile

451%

Faster revenue growth than 96% of similar nonprofits.

2021 filings • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$272,862

Up $28,617 (+12%) from 2020

Net Assets

Up

$272,861

Up $28,616 (+12%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$49,284

Up $40,344 (+451%) from 2020

Expenses

Up

$20,395

Up $410 (+2.1%) from 2020

Net Income

Up

$28,889

Up $39,934 (+362%) from 2020

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $248,225Liabilities 2011: $02011Assets 2012: $247,183Liabilities 2012: $02012Assets 2013: $264,652Liabilities 2013: $02013Assets 2014: $287,927Liabilities 2014: $02014Assets 2015: $286,114Liabilities 2015: $02015Assets 2016: $276,306Liabilities 2016: $0Net Assets 2016: $276,3062016Assets 2017: $270,090Liabilities 2017: $0Net Assets 2017: $270,0902017Assets 2018: $262,291Liabilities 2018: $0Net Assets 2018: $262,2912018Assets 2019: $255,233Liabilities 2019: $0Net Assets 2019: $255,2332019Assets 2020: $244,245Liabilities 2020: $0Net Assets 2020: $244,2452020Assets 2021: $272,862Liabilities 2021: $0Net Assets 2021: $272,8612021Assets 2022: $267,449Liabilities 2022: $0Net Assets 2022: $267,4492022Assets 2023: $268,264Liabilities 2023: $0Net Assets 2023: $268,2642023Assets 2024: $279,093Liabilities 2024: $0Net Assets 2024: $279,0932024

Highlighted filing

2021

Assets$272,862
Liabilities$0
Net Assets$272,861

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2011: $16,218Expenses 2011: $16,141Net Income 2011: $772011Revenue 2012: $13,650Expenses 2012: $17,191Net Income 2012: -$3,5412012Revenue 2013: $34,046Expenses 2013: $18,309Net Income 2013: $15,7372013Revenue 2014: $40,929Expenses 2014: $17,936Net Income 2014: $22,9932014Revenue 2015: $16,433Expenses 2015: $18,913Net Income 2015: -$2,4802015Revenue 2016: $7,721Expenses 2016: $18,945Net Income 2016: -$11,2242016Revenue 2017: $12,242Expenses 2017: $19,209Net Income 2017: -$6,9672017Revenue 2018: $12,312Expenses 2018: $19,146Net Income 2018: -$6,8342018Revenue 2019: $8,185Expenses 2019: $18,164Net Income 2019: -$9,9792019Revenue 2020: $8,940Expenses 2020: $19,985Net Income 2020: -$11,0452020Revenue 2021: $49,284Expenses 2021: $20,395Net Income 2021: $28,8892021Revenue 2022: $16,109Expenses 2022: $21,551Net Income 2022: -$5,4422022Revenue 2023: $16,199Expenses 2023: $15,313Net Income 2023: $8862023Revenue 2024: $27,744Expenses 2024: $16,915Net Income 2024: $10,8292024

Highlighted filing

2021

Revenue$49,284
Expenses$20,395
Net Income$28,889
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 16, 2022
Return Version
2021v4.2
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
WEALTHSOUTHTrustee-$3,882-$3,882
Filing and Contact Details

Filer

Filer Name
Rhoads Scholarship Trust Co Wealthsouth
EIN
61-1089770
In Care Of
% WEALTHSOUTH
Phone
2707833073
Address
911 COLLEGE STREET STE 100, BOWLING GREEN, KY 42101-2183

Signing Officer

Name
Wealthsouth Trustee
Title
Trustee
Phone
2707833073
Signed
2022-05-16
Discuss with paid preparer
Yes

Preparer

Firm
Bkd Llp
Address
360 E 8TH AVE STE 201 PO BOX 1196, BOWLING GREEN, KY 42102-1196
Preparer
Jeff Smith
Phone
2707810111
Raw XML Appendix347 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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IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/FormAndInfoAndMaterialsTxt0APPLICATIONS ARE RECEIVED FROM THE GUIDANCE COUNSELOR OF THE HIGH SCHOOLS. RECIPIENTS ARE CHOSEN BY WEALTHSOUTH ON A STANDARD FORM THAT INCLUDES AN ESSAY SECTION, FINANCIAL INFORMATION, GRADES, AND ANY SPECIAL CIRCUMSTANCES. IT REQUESTS THAT THEY ATTACH A RESUME THAT OUTLINES THEIR SCHOOL AND ANY OUTSIDE ACTIVITIES. THEY ALSO ATTACH A TRANSCRIPT AND COPIES OF TAX RETURN INFORMATION.
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt3ANGELENA HENDERSON
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt4HEAVEN HENDERSON
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt5MALLORY HENDRICKS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt6JOCELYNN MAGAN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt7EDEN PENDLEY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt8EMILY SISK
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt9BECCA ZAMORA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt0I
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt1I
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt2I
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt3I
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt4I
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt5I
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt6I
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt7I
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt8I
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt9I
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt0NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt1NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt2NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt3NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt4NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt5NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt6NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt7NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt8NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt9NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt0320 SOUTH STANLEY ROAD
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt1223 KRONOS LOOP
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt21130 N BROAD STREET
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt3PO BOX 585
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt4435 SOUTH MULBERRY STREET
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt51105 N BROAD STREET
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt62301 ST RT 878
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt7140 OAK HIL ROAD
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt8820 TREY CT
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt9511 BROADWAY STREET
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm0BEAVER DAM
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm1CENTERTOWN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm2BEAVER DAM
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm3CENTERTOWN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm4BEAVER DAM
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm5BEAVER DAM
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm6OLATON
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm7BEAVER DAM
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm8BEAVER DAM
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm9CENTERTOWN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd0KY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd1KY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd2KY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd3KY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd4KY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd5KY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd6KY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd7KY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd8KY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd9KY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd042320
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd142328
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd242320
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd342328
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd442320
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd542320
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd642361
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd742320
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd842320
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd942328
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt015000
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt08922
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt07398
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt016957
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovAppCYAmt00
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt00
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt00
IRS990PF/UndistributedIncomeGrp/PriorYear1Yr02019
IRS990PF/UndistributedIncomeGrp/PriorYear2Yr02018
IRS990PF/UndistributedIncomeGrp/PriorYear3Yr02017
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt016320
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt00
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt08035
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt07398
OtherIncreasesSchedule/OtherIncreasesDetail/Amt0-273
OtherIncreasesSchedule/OtherIncreasesDetail/Desc0ADJUSTMENT TO COST BASIS
TaxesSchedule/TaxesDetail/Amt0105
TaxesSchedule/TaxesDetail/Amt188
TaxesSchedule/TaxesDetail/CategoryTxt0FOREIGN TAXES
TaxesSchedule/TaxesDetail/CategoryTxt1TAXES PAID WITH PY 990PF
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt0105
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WEALTHSOUTH TRUSTEE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum02707833073
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RHOADS SCHOLARSHIP TRUST CO WEALTHSOUTH
ReturnHeader/Filer/BusinessNameControlTxt0RHOA
ReturnHeader/Filer/EIN0611089770
ReturnHeader/Filer/InCareOfNm0% WEALTHSOUTH
ReturnHeader/Filer/PhoneNum02707833073
ReturnHeader/Filer/USAddress/AddressLine1Txt0911 COLLEGE STREET STE 100
ReturnHeader/Filer/USAddress/CityNm0BOWLING GREEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd0421012183
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BKD LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0360 E 8TH AVE STE 201 PO BOX 1196
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BOWLING GREEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0421021196
ReturnHeader/PreparerPersonGrp/PhoneNum02707810111
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFF SMITH
ReturnHeader/ReturnTs02022-05-09T08:55:26-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WEALTHSOUTH
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0TRUSTEE
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.79$0.00$2.79$0.28$0.17$0.11
2023Detailed filing. Detailed filing data is available for this year.$2.68$0.00$2.68$0.16$0.15$0.01
2022Detailed filing. Detailed filing data is available for this year.$2.67$0.00$2.67$0.16$0.22$0.05
2021Detailed filing. Detailed filing data is available for this year.$2.73$0.00$2.73$0.49$0.20$0.29
2020Detailed filing. Detailed filing data is available for this year.$2.44$0.00$2.44$0.09$0.20$0.11
2019Detailed filing. Detailed filing data is available for this year.$2.55$0.00$2.55$0.08$0.18$0.10
2018Detailed filing. Detailed filing data is available for this year.$2.62$0.00$2.62$0.12$0.19$0.07
2017Detailed filing. Detailed filing data is available for this year.$2.70$0.00$2.70$0.12$0.19$0.07
2016Detailed filing. Detailed filing data is available for this year.$2.76$0.00$2.76$0.08$0.19$0.11
2015Summary only. Only limited summary data is available for this year.$2.86$0.00$0.16$0.19$0.02
2014Summary only. Only limited summary data is available for this year.$2.88$0.00$0.41$0.18$0.23
2013Summary only. Only limited summary data is available for this year.$2.65$0.00$0.34$0.18$0.16
2012Summary only. Only limited summary data is available for this year.$2.47$0.00$0.14$0.17$0.04
2011Summary only. Only limited summary data is available for this year.$2.48$0.00$0.16$0.16$0.00