Civic Intelligence

The Center for Rural

EIN 61-1291304 • 501(c)3 • Somerset, KY

Profile

To provide economic development to southeastern kentucky.

2292 S Highway 27 Ste 300Somerset, KY 42501

www.centertech.com

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.18x

Higher debt load relative to assets than 43% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Liabilities / Revenue

77th percentile

1.11x

Higher debt load relative to revenue than 77% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Net Margin

19th percentile

-6.7%

Higher net margin than 19% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Top Officer Pay

21st percentile

$204,083

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Asset Growth

76th percentile

14%

Faster asset growth than 76% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2024 to 2025

Revenue Growth

41st percentile

5.2%

Faster revenue growth than 41% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2024 to 2025

Assets

Up

$60,865,607

Up $7,737,179 (+15%) from 2023

Liabilities

Up

$10,948,868

Up $8,095,659 (+284%) from 2023

Net Assets

Down

$49,916,739

Down $358,480 (-0.7%) from 2023

Revenue

Up

$9,890,455

Up $1,633,242 (+20%) from 2023

Expenses

Up

$10,550,812

Up $1,548,202 (+17%) from 2023

Net Income

Up

-$660,357

Up $85,040 (+11%) from 2023

Trend Graphs

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2010: $22,894,491Liabilities 2010: $1,499,423Net Assets 2010: $21,395,0682010Assets 2011: $22,188,405Liabilities 2011: $1,321,126Net Assets 2011: $20,867,2792011Assets 2012: $21,715,265Liabilities 2012: $1,272,479Net Assets 2012: $20,442,7862012Assets 2013: $20,888,080Liabilities 2013: $1,151,950Net Assets 2013: $19,736,1302013Assets 2014: $19,703,432Liabilities 2014: $957,113Net Assets 2014: $18,746,3192014Assets 2015: $19,396,121Liabilities 2015: $1,487,456Net Assets 2015: $17,908,6652015Assets 2016: $18,484,873Liabilities 2016: $1,185,526Net Assets 2016: $17,299,3472016Assets 2017: $18,935,915Liabilities 2017: $2,047,524Net Assets 2017: $16,888,3912017Assets 2018: $19,126,467Liabilities 2018: $2,664,643Net Assets 2018: $16,461,8242018Assets 2019: $18,560,214Liabilities 2019: $2,466,624Net Assets 2019: $16,093,5902019Assets 2020: $48,106,212Liabilities 2020: $2,434,935Net Assets 2020: $45,671,2772020Assets 2021: $52,060,877Liabilities 2021: $1,819,511Net Assets 2021: $50,241,3662021Assets 2022: $52,726,644Liabilities 2022: $1,706,028Net Assets 2022: $51,020,6162022Assets 2023: $53,128,428Liabilities 2023: $2,853,209Net Assets 2023: $50,275,2192023Assets 2025: $60,865,607Liabilities 2025: $10,948,868Net Assets 2025: $49,916,7392025

Highlighted filing

2025

Assets$60,865,607
Liabilities$10,948,868
Net Assets$49,916,739

Operations Trend

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

$40M$30M$20M$10M$0-$10MRevenue 2010: $6,408,943Expenses 2010: $6,748,564Net Income 2010: -$339,6212010Expenses 2011: $7,125,2362011Expenses 2012: $7,050,3962012Revenue 2013: $5,651,161Expenses 2013: $6,357,822Net Income 2013: -$706,6612013Revenue 2014: $4,646,228Expenses 2014: $5,636,039Net Income 2014: -$989,8112014Revenue 2015: $5,587,593Expenses 2015: $6,425,249Net Income 2015: -$837,6562015Revenue 2016: $8,150,328Expenses 2016: $8,759,646Net Income 2016: -$609,3182016Revenue 2017: $7,140,896Expenses 2017: $7,629,799Net Income 2017: -$488,9032017Revenue 2018: $6,504,671Expenses 2018: $6,931,238Net Income 2018: -$426,5672018Revenue 2019: $6,866,554Expenses 2019: $7,234,788Net Income 2019: -$368,2342019Revenue 2020: $37,022,328Expenses 2020: $7,444,641Net Income 2020: $29,577,6872020Revenue 2021: $10,723,705Expenses 2021: $6,153,616Net Income 2021: $4,570,0892021Revenue 2022: $7,680,890Expenses 2022: $6,901,640Net Income 2022: $779,2502022Revenue 2023: $8,257,213Expenses 2023: $9,002,610Net Income 2023: -$745,3972023Revenue 2025: $9,890,455Expenses 2025: $10,550,812Net Income 2025: -$660,3572025

Highlighted filing

2025

Revenue$9,890,455
Expenses$10,550,812
Net Income-$660,357

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$60.9$10.9$49.9$9.89$10.6$0.66
2023Summary only. Only limited summary data is available for this year.$53.1$2.85$50.3$8.26$9.00$0.75
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$52.7$1.71$51.0$7.68$6.90$0.78
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$52.1$1.82$50.2$10.7$6.15$4.57
2020Summary only. Only limited summary data is available for this year.$48.1$2.43$45.7$37.0$7.44$29.6
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.6$2.47$16.1$6.87$7.23$0.37
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.1$2.66$16.5$6.50$6.93$0.43
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.9$2.05$16.9$7.14$7.63$0.49
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.5$1.19$17.3$8.15$8.76$0.61
2015Detailed filing. Detailed filing data is available for this year.$19.4$1.49$17.9$5.59$6.43$0.84
2014Detailed filing. Detailed filing data is available for this year.$19.7$0.96$18.7$4.65$5.64$0.99
2013Summary only. Only limited summary data is available for this year.$20.9$1.15$19.7$5.65$6.36$0.71
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.7$1.27$20.4$7.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.2$1.32$20.9$7.13
2010Summary only. Only limited summary data is available for this year.$22.9$1.50$21.4$6.41$6.75$0.34
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Dec 10, 2025
Return Version
2024v5.0
Gross Receipts
$9,890,455
Mission and Program Overview

Mission

To provide economic development to southeastern kentucky.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$46,657,620$45,627,161▼ $1,030,459
Savings and Temporary Cash Investments$4,696,498$13,461,058▲ $8,764,560
Pledges and Grants Receivable$1,174,791$932,121▼ $242,670
Investments Other Securities$624,111$591,611▼ $32,500
Accounts Receivable$221,391$183,671▼ $37,720
Prepaid Expenses and Deferred Charges$36,994$69,985▲ $32,991
Total Assets$53,411,405$60,865,607▲ $7,454,202
Liabilities
Grants Payable$70,113$8,218,433▲ $8,148,320
Deferred Revenue$1,278,719$1,277,385▼ $1,334
Mortgage Notes Payable Secured by Investment Property$1,320,101$1,272,817▼ $47,284
Other Liabilities$130,455$131,737▲ $1,282
Accounts Payable and Accrued Expenses$34,921$48,496▲ $13,575
Total Liabilities$2,834,309$10,948,868▲ $8,114,559
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$50,577,096$49,916,739▼ $660,357
Total Net Assets Fund Balance$50,577,096$49,916,739▼ $660,357
Total Liabilities and Net Assets / Fund Balance$53,411,405$60,865,607▲ $7,454,202

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$30,060,130$9,570,014$39,630,144
Buildings$12,194,111$4,554,166$16,748,277
Land$3,372,920-$3,372,920
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lonnie LawsonPres. CEOFT$174,353$29,730$204,083
Richard TaylorExecutive VPFT$155,000$41,085$196,085
Zachary AusmusBroadband MaFT$125,000$12,352$137,352

Board Members and Trustees

NameTitle
Mark HaneyChairman
Jerry a RickettVice Chair
Dr Allison CherryBoard Member
Dr Jay MorganBoard Member
Dr Laura StephensonBoard Member
Dr Reed AdkinsBoard Member
Jc EgnewBoard Member
Jean M DortonBoard Member
Tim RobinsonBoard Member
Sam BrownSecretary
Bob MitchellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$7,060,972
Program Service Revenue
$1,036,389
Investment Income
$87,212
Other Revenue
$1,705,882
All Other Contributions
$90,658
Change in Net Assets
$-660,357

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,890,455
Total Revenue per Audited Statements
$9,890,455
Total Revenue per Form 990
$9,890,455
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,880,859
Salaries, Compensation, and Employee Benefits$2,669,953
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$967,102$1,079,829-$2,046,931
Depreciation Depletion$1,675,774$181,497-$1,857,271
All Other Expenses$388,884$333,118-$722,002
Other Employee Benefits$203,799$168,323-$372,122
Other Expenses$127,271$64,712-$191,983
Payroll Taxes$66,862$75,701-$142,563
Insurance$20,136$107,209-$127,345
Travel$112,644$5,178-$117,822
Pension Plan Contributions$45,118$63,219-$108,337
Interest-$63,755-$63,755
Information Technology$34,484$23,854-$58,338
Occupancy$33,566$6,457-$40,023
Office Expenses$6,504$5,402-$11,906
Advertising$1,559--$1,559
Total Functional Expenses$8,118,155$2,432,657$0$10,550,812

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$10,550,812
Total Expenses per Audited Statements$10,550,812
Total Expenses per Form 990$10,550,812
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Related Liabilities$100,100
Accrued Expenses$21,500
Interest Payable$10,137
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
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

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

Management reviews 990 and approves the form 990. The organization's board reviews the form 990 subsequent to filing.

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

The center reviews the policy with employees and monitors contracts to ensure that the policy is being followed and upheld.

Form 990, Page 6, Part VI, Line 15A

Top mangement and officer salaries are approved by the board of directors.

Form 990, Page 6, Part VI, Line 15B

Top management and officer salaries are approved by the board of directors.

Form 990, Page 6, Part VI, Line 19

Governing documents available upon request.

Filing and Contact Details

Filer

Filer Name
The Center for Rural
EIN
61-1291304
Phone
6066776000
Address
2292 S HIGHWAY 27 STE 300, SOMERSET, KY 42501

Signing Officer

Name
Lonnie Lawson
Title
Pres. CEO
Phone
6066776000
Signed
2025-12-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lonnie Lawson
Formed
1995
Legal Domicile
Ky
Voting Board Members
11
Independent Board Members
11
Employees
42
Volunteers
10

Preparer

Firm
Evans Harville Atwell & Co Cpas Pllc
Address
PO BOX 1309, SOMERSET, KY 42502-1309
Preparer
Jon R Harville CPA
Phone
6066795090
Raw XML AppendixShowing 400 of 526 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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