Civic Intelligence

Kentucky Industrial Development Council Inc.

990EZ • Fiscal year 2016 • EIN 61-1161213

Jan 01, 2016 to Dec 31, 2016 • Filed on Sep 14, 2017

Organization ProfileWWW.KAEDONLINE.ORG
101 Burch CourtFrankfort, KY 40601

(502) 227-9653

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2016

Net Margin

8th percentile

-48%

Higher net margin than 8% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

52nd percentile

2.8%

Faster asset growth than 52% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

5th percentile

-74%

Faster revenue growth than 5% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$130,053

Up $3,489 (+2.8%) from 2015

Net Assets

Up

$130,053

Up $3,489 (+2.8%) from 2015

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin8th percentile

Revenue

Down

$6,105

Down $17,611 (-74%) from 2015

Expenses

Up

$9,033

Up $6,681 (+284%) from 2015

Net Income

Down

-$2,928

Down $24,292 (-114%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth52nd percentile

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

$600K$400K$200K$0-$200KAssets 2011: $172,165Liabilities 2011: $02011Assets 2012: $4,283Liabilities 2012: $36,009Net Assets 2012: -$31,7262012Assets 2013: $90,213Net Assets 2013: $90,2132013Assets 2015: $126,564Net Assets 2015: $126,5642015Assets 2016: $130,053Net Assets 2016: $130,0532016Assets 2017: $193,883Liabilities 2017: $4,195Net Assets 2017: $189,6882017Assets 2018: $272,019Liabilities 2018: $0Net Assets 2018: $272,0192018Assets 2019: $183,607Liabilities 2019: $0Net Assets 2019: $183,6072019Assets 2020: $225,635Liabilities 2020: $30,100Net Assets 2020: $195,5352020Assets 2021: $262,533Liabilities 2021: $20,000Net Assets 2021: $242,5332021Assets 2022: $199,878Liabilities 2022: $2,735Net Assets 2022: $197,1432022Assets 2023: $389,574Liabilities 2023: $0Net Assets 2023: $389,5742023Assets 2024: $405,139Liabilities 2024: $24,028Net Assets 2024: $381,1112024

Highlighted filing

2016

Assets$130,053
Liabilities-
Net Assets$130,053
Open 2016 Filing

Operations Trend

Revenue Growth5th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $64,821Expenses 2011: $69,193Net Income 2011: -$4,3722011Revenue 2012: $72,470Expenses 2012: $122,098Net Income 2012: -$49,6282012Revenue 2013: $145,718Expenses 2013: $111,237Net Income 2013: $34,4812013Revenue 2015: $23,716Expenses 2015: $2,352Net Income 2015: $21,3642015Revenue 2016: $6,105Expenses 2016: $9,033Net Income 2016: -$2,9282016Revenue 2017: $110,577Expenses 2017: $64,423Net Income 2017: $46,1542017Revenue 2018: $169,521Expenses 2018: $70,105Net Income 2018: $99,4162018Revenue 2019: $111,857Expenses 2019: $220,440Net Income 2019: -$108,5832019Revenue 2020: $155,746Expenses 2020: $158,439Net Income 2020: -$2,6932020Revenue 2021: $158,553Expenses 2021: $116,775Net Income 2021: $41,7782021Revenue 2022: $151,955Expenses 2022: $157,540Net Income 2022: -$5,5852022Revenue 2023: $1,151,489Expenses 2023: $971,384Net Income 2023: $180,1052023Revenue 2024: $269,003Expenses 2024: $282,337Net Income 2024: -$13,3342024

Highlighted filing

2016

Revenue$6,105
Expenses$9,033
Net Income-$2,928
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Sep 14, 2017
Return Version
2016v3.0
Gross Receipts
$15,924
Mission and Program Overview

Mission

To provide professional development and educational opportunities to promote industrial and economic development in kentucky.

Program Services

DescriptionGrantsExpenses
THE FOUNDATION ISSUES AWARDS & SCHOLARSHIPS TO FURTHER PROMOTE INTEREST IN BUSINESS & ECONOMIC DEVELOPMENT.$6,259$6,259
HOLDING SEMINARS AND TRAINING PROGRAMS FOR CONTINUING INSTRUCTIONAL AND PROFESSIONAL DEVELOPMENT.-$1,809
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DEBORAH GRAYChairman-$0--
BOB HAMMONDDirector-$0--
SANDY ROMENESKOSecretary/Tr-$0--
JOHN COSBYDirector-$0--
DARYL SMITHDirector-$0--
HAL GOODEExecutive Di-$0--
Filing and Contact Details

Filer

Filer Name
Kentucky Industrial Development
EIN
61-1161213
Phone
5022279653
Address
101 BURCH COURT, FRANKFORT, KY 40601

Signing Officer

Name
Deborah Gray
Title
Chairman
Phone
5022279653
Signed
2017-09-14

Preparer

Firm
Amick & Company
Address
410 W CHESTNUT ST STE 237, LOUISVILLE, KY 40202-2323
Preparer
Albert H Klein Ii
Phone
5025835381
Supplemental Narrative

Additional Explanations

Form 990-ez, Page 1, Item C

“Ky assoc for economic development foundation”

Form 990-ez, Part I, Line 16

“Expenses office 15 total 15”

Form 990-ez, Part I, Line 20

“UNREALIZED GAINS 6,417”

Form 990-ez, Part II, Line 24

“Accounts receivable 0 1,360 total 0 1,360”

Form 990-ez, Part II, Line 26

“DUE TO RELATED PARTY 0 0”

Form 990-ez, Part III

“To provide professional development and educational opportunities to promote industrial and economic development in kentucky.”

Raw XML Appendix164 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0FOUNDATION
IRS990EZ/BooksInCareOfDetail/PhoneNum05022279653
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0101 BURCH COURT
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FRANKFORT
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd040601
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0126564
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0128693
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOrOtherBasisExpenseSaleAmt09819
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-2928
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02759
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0126564
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0130053
IRS990EZ/GainOrLossFromSaleOfAssetsAmt0754
IRS990EZ/GrantsAndSimilarAmountsPaidAmt06259
IRS990EZ/GrossReceiptsAmt015924
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt02148
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0126564
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0130053
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0126564
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0130053
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt04.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt54.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DEBORAH GRAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BOB HAMMOND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SANDY ROMENESKO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JOHN COSBY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DARYL SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5HAL GOODE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY/TR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5EXECUTIVE DI
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01360
IRS990EZ/OtherChangesInNetAssetsAmt06417
IRS990EZ/OtherExpensesTotalAmt015
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE PROFESSIONAL DEVELOPMENT AND EDUCATIONAL OPPORTUNITIES TO PROMOTE INDUSTRIAL AND ECONOMIC DEVELOPMENT IN KENTUCKY.
IRS990EZ/ProgramServiceRevenueAmt03203
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0HOLDING SEMINARS AND TRAINING PROGRAMS FOR CONTINUING INSTRUCTIONAL AND PROFESSIONAL DEVELOPMENT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THE FOUNDATION ISSUES AWARDS & SCHOLARSHIPS TO FURTHER PROMOTE INTEREST IN BUSINESS & ECONOMIC DEVELOPMENT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt06259
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt01809
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt16259
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SaleOfAssetsGrossAmt010573
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0KY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt09033
IRS990EZ/TotalProgramServiceExpensesAmt08068
IRS990EZ/TotalRevenueAmt06105
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.KAEDONLINE.ORG
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02878
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt05740
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt08618
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt05351
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt05497
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt08688
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0145718
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt072470
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0237724
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02878
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt05740
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt08618
IRS990ScheduleA/InvestmentIncomeCYPct00.03000
IRS990ScheduleA/InvestmentIncomePYPct00.04000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96500
IRS990ScheduleA/PublicSupportPY509Pct00.95900
IRS990ScheduleA/PublicSupportTotal509Amt0237724
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt05351
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt05497
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt08688
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0145718
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt072470
IRS990ScheduleA/Total509Grp/TotalAmt0237724
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt05351
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt08375
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt014428
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0145718
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt072470
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0246342
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KY ASSOC FOR ECONOMIC DEVELOPMENT FOUNDATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES OFFICE 15 TOTAL 15
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNREALIZED GAINS 6,417
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS RECEIVABLE 0 1,360 TOTAL 0 1,360
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DUE TO RELATED PARTY 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TO PROVIDE PROFESSIONAL DEVELOPMENT AND EDUCATIONAL OPPORTUNITIES TO PROMOTE INDUSTRIAL AND ECONOMIC DEVELOPMENT IN KENTUCKY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PAGE 1, ITEM C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DEBORAH GRAY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum05022279653
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-09-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KENTUCKY INDUSTRIAL DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0COUNCIL INC
ReturnHeader/Filer/BusinessNameControlTxt0KENT
ReturnHeader/Filer/EIN0611161213
ReturnHeader/Filer/PhoneNum05022279653
ReturnHeader/Filer/USAddress/AddressLine1Txt0101 BURCH COURT
ReturnHeader/Filer/USAddress/CityNm0FRANKFORT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040601
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0D5E8081BF9A2BAC7F2ADC5C6A6931EBB9426AE59
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0D5E8081BF9A2BAC7F2ADC5C6A6931EBB9426AE59
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0611222794
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0AMICK & COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0410 W CHESTNUT ST STE 237
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LOUISVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0402022323
ReturnHeader/PreparerPersonGrp/PhoneNum05025835381
ReturnHeader/PreparerPersonGrp/PreparationDt02017-09-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALBERT H KLEIN II
ReturnHeader/ReturnTs02017-09-15T13:55:50-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$130,053
Liabilities
-
Net assets
$130,053
Revenue
$6,105
Expenses
$9,033
Net income
-$2,928
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.41$0.02$0.38$0.27$0.28$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.39$0.00$0.39$1.15$0.97$0.18
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.20$0.00$0.20$0.15$0.16$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.26$0.02$0.24$0.16$0.12$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.23$0.03$0.20$0.16$0.16$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.11$0.22$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.27$0.00$0.27$0.17$0.07$0.10
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.19$0.00$0.19$0.11$0.06$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.13$0.13$0.01$0.01$0.00
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.13$0.13$0.02$0.00$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.09$0.09$0.15$0.11$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.04$0.03$0.07$0.12$0.05
2011Summary only. Only limited summary data is available for this year.$0.17$0.00$0.06$0.07$0.00