Civic Intelligence

Bluegrass Chapter of the Appraisal Institute

990 • Fiscal year 2018 • EIN 61-1220385

Jan 01, 2018 to Dec 31, 2018 • Filed on May 13, 2019

110 South Sherrin AvenueLouisville, KY 40207

(502) 727-9181

Siviq Scores

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

Liabilities / Assets

47th percentile

0.00x

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

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

47th percentile

0.00x

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

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Net Margin

50th percentile

2.4%

Higher net margin than 50% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Asset Growth

57th percentile

5.3%

Faster asset growth than 57% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

38th percentile

-4.3%

Faster revenue growth than 38% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$78,943

Up $3,986 (+5.3%) from 2017

Net Assets

Up

$78,943

Up $3,986 (+5.3%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Down

$179,083

Down $8,089 (-4.3%) from 2017

Expenses

Down

$174,774

Down $10,964 (-5.9%) from 2017

Net Income

Up

$4,309

Up $2,875 (+200%) from 2017

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $62,333Liabilities 2010: $0Net Assets 2010: $62,3332010Assets 2011: $57,722Liabilities 2011: $0Net Assets 2011: $57,7222011Assets 2012: $66,579Liabilities 2012: $0Net Assets 2012: $66,5792012Assets 2013: $84,123Liabilities 2013: $0Net Assets 2013: $84,1232013Assets 2014: $82,406Liabilities 2014: $0Net Assets 2014: $82,4062014Assets 2015: $85,102Liabilities 2015: $0Net Assets 2015: $85,1022015Assets 2016: $73,523Liabilities 2016: $0Net Assets 2016: $73,5232016Assets 2017: $74,957Liabilities 2017: $0Net Assets 2017: $74,9572017Assets 2018: $78,943Liabilities 2018: $0Net Assets 2018: $78,9432018Assets 2019: $77,034Liabilities 2019: $272Net Assets 2019: $76,7622019Assets 2020: $84,326Liabilities 2020: $14,7852020Assets 2021: $130,365Liabilities 2021: $34,486Net Assets 2021: $95,8792021Assets 2022: $158,656Liabilities 2022: $17,375Net Assets 2022: $141,2812022Assets 2023: $212,559Liabilities 2023: $18,530Net Assets 2023: $194,0292023Assets 2024: $235,578Liabilities 2024: $23,357Net Assets 2024: $212,2212024

Highlighted filing

2018

Assets$78,943
Liabilities$0
Net Assets$78,943

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2010: $333,2042010Expenses 2011: $267,1762011Expenses 2012: $278,5432012Revenue 2013: $265,437Expenses 2013: $247,893Net Income 2013: $17,5442013Revenue 2014: $247,434Expenses 2014: $249,151Net Income 2014: -$1,7172014Revenue 2015: $267,382Expenses 2015: $264,686Net Income 2015: $2,6962015Revenue 2016: $181,467Expenses 2016: $193,046Net Income 2016: -$11,5792016Revenue 2017: $187,172Expenses 2017: $185,738Net Income 2017: $1,4342017Revenue 2018: $179,083Expenses 2018: $174,774Net Income 2018: $4,3092018Revenue 2019: $167,161Expenses 2019: $169,342Net Income 2019: -$2,1812019Revenue 2020: $137,471Expenses 2020: $144,686Net Income 2020: -$7,2152020Revenue 2021: $180,370Expenses 2021: $154,360Net Income 2021: $26,0102021Revenue 2022: $232,044Expenses 2022: $185,390Net Income 2022: $46,6542022Revenue 2023: $194,583Expenses 2023: $142,520Net Income 2023: $52,0632023Revenue 2024: $165,969Expenses 2024: $147,945Net Income 2024: $18,0242024

Highlighted filing

2018

Revenue$179,083
Expenses$174,774
Net Income$4,309
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 13, 2019
Return Version
2018v3.1
Gross Receipts
$179,083
Mission and Program Overview

Mission

Continuing professional education

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$43,514$43,556▲ $42
Cash and Non-Interest-Bearing Accounts$31,443$35,387▲ $3,944
Total Assets$74,957$78,943▲ $3,986
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$74,957$78,943▲ $3,986
Total Net Assets Fund Balance$74,957$78,943▲ $3,986
Total Liabilities and Net Assets / Fund Balance$74,957$78,943▲ $3,986
Compensation and Service Providers

Board Members and Trustees

NameTitle
Glen D KatzPresident
Jacob Grabeel IiVice President
Stacey S NicholasVice President
Ashley GillenwaterDirector
Ben BollingerDirector
Greg BarrDirector
Jay O BristDirector
John BeeryDirector
Lisa KeatonDirector
Susan KatzExecutive Director
Paul HassonSecretary
Christopher J PhelpsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$22,658
Program Service Revenue
$153,721
Investment Income
$0
Other Revenue
$2,704
Change in Net Assets
$4,309
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$143,874
Salaries, Compensation, and Employee Benefits$30,900
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$130,773--$130,773
Current Officers, Directors, Trustees, and Key Employees-$30,900-$30,900
Fees for Services Accounting-$6,000-$6,000
Travel-$2,650-$2,650
Information Technology-$816-$816
Other Expenses-$641-$641
Office Expenses-$387-$387
Advertising-$300-$300
Total Functional Expenses$130,773$44,001$0$174,774
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
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

No stockholders dues paying members only

Member election for additional members Part VI line 7A

Officers and directors elected by general membership

Form 990 governing body review Part VI line 11

Multiple copies of form 990 presented to board prior to filing copies provided to board prior to filing

Conflict of interest policy compliance Part VI line 12C

Discussed at board meetings

Other officer or key employee compensation Part VI line 15B

Discussed at board meetings

Form 990 availability to public Part VI line 18

WEBSITE AND BY REQUEST

Governing documents etc available to public Part VI line 19

WEBSITE AND UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Appraisal Institute Bluegrass Chapt
EIN
61-1220385
Address
110 SOUTH SHERRIN AVENUE, Louisville, KY 40207

Signing Officer

Name
Glen D Katz
Title
President
Phone
5025434600
Signed
2019-05-13
Discuss with paid preparer
No

Organization Details

Principal Officer
Glen D Katz
Formed
1991
Legal Domicile
Ky
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
14

Preparer

Firm
Holbrook Tax Service LLC dba J Clay
Address
110 S Sherrin Avenue, Louisville, KY 40207
Preparer
Catherine Shearer EA
Phone
5028959834
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

Cost of sales expenses for educational programs in the amount of 122623

Part V response or note to any other line in Part V

N/A

Raw XML Appendix376 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/Form990PartVIISectionAGrp/TitleTxt0VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt9TREASURER
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO STOCKHOLDERS DUES PAYING MEMBERS ONLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS AND DIRECTORS ELECTED BY GENERAL MEMBERSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MULTIPLE COPIES OF FORM 990 PRESENTED TO BOARD PRIOR TO FILING COPIES PROVIDED TO BOARD PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DISCUSSED AT BOARD MEETINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DISCUSSED AT BOARD MEETINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5WEBSITE AND BY REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6WEBSITE AND UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7COST OF SALES EXPENSES FOR EDUCATIONAL PROGRAMS IN THE AMOUNT OF 122623
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8N/A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990 availability to public Part VI line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7List of other expenses Part IX line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Part V response or note to any other line in Part V
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0true
IRS990/SubjectToProxyTaxInd0true
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt074957
IRS990/TotalAssetsEOYAmt078943
IRS990/TotalAssetsGrp/BOYAmt074957
IRS990/TotalAssetsGrp/EOYAmt078943
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt022658
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt044001
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0130773
IRS990/TotalFunctionalExpensesGrp/TotalAmt0174774
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt074957
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt078943
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0130773
IRS990/TotalProgramServiceRevenueAmt0153721
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0156425
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0179083
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt014
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt074957
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt078943
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt02650
IRS990/TravelGrp/TotalAmt02650
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt074957
IRS990/UnrestrictedNetAssetsGrp/EOYAmt078943
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03815 STONYRUN CIRCLE
IRS990/USAddress/CityNm0Louisville
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd040220
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0bluegrasschapter-ai.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0GLEN D KATZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05025434600
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0APPRAISAL INSTITUTE BLUEGRASS CHAPT
ReturnHeader/Filer/BusinessNameControlTxt0APPR
ReturnHeader/Filer/EIN0611220385
ReturnHeader/Filer/USAddress/AddressLine1Txt0110 SOUTH SHERRIN AVENUE
ReturnHeader/Filer/USAddress/CityNm0Louisville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040207
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0538552D6DCD5275F896FE9CB67126F67A2BF0B60
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0538552D6DCD5275F896FE9CB67126F67A2BF0B60
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId06168352019133kne0u51
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02019-05-13
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0209.173.137.167
ReturnHeader/FilingSecurityInformation/IPDt02019-05-13
ReturnHeader/FilingSecurityInformation/IPTm016:11:29
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0813036645
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Holbrook Tax Service LLC dba J Clay
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0110 S Sherrin Avenue
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Louisville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd040207
ReturnHeader/PreparerPersonGrp/PhoneNum05028959834
ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Catherine Shearer EA
ReturnHeader/ReturnTs02019-05-13T16:10:36-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.36$0.23$2.12$1.66$1.48$0.18
2023Detailed filing. Detailed filing data is available for this year.$2.13$0.19$1.94$1.95$1.43$0.52
2022Detailed filing. Detailed filing data is available for this year.$1.59$0.17$1.41$2.32$1.85$0.47
2021Detailed filing. Detailed filing data is available for this year.$1.30$0.34$0.96$1.80$1.54$0.26
2020Summary only. Only limited summary data is available for this year.$0.84$0.15$1.37$1.45$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$1.67$1.69$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$1.79$1.75$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.75$0.00$0.75$1.87$1.86$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$1.81$1.93$0.12
2015Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$2.67$2.65$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$2.47$2.49$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.84$0.00$0.84$2.65$2.48$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.00$0.67$2.79
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.00$0.58$2.67
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.00$0.62$3.33
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)6 • <$500k nonprofits