Liabilities / Assets
74th percentile
Higher debt load relative to assets than 74% of similar nonprofits.
990 • Fiscal year 2015 • EIN 61-1326954
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
74th percentile
Higher debt load relative to assets than 74% of similar nonprofits.
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
18th percentile
Higher net margin than 18% of similar nonprofits.
Top Officer Pay
57th percentile
Higher top officer pay than 57% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
94th percentile
Faster asset growth than 94% of similar nonprofits.
Revenue Growth
42nd percentile
Faster revenue growth than 42% of similar nonprofits.
Assets
Up$1,109,212
Up $348,391 (+46%) from 2014
Net Assets
Down$759,212
Down $1,609 (-0.2%) from 2014
Liabilities
Up$350,000
Up $350,000 from 2014
Revenue
Up$16,563
Up $27 (+0.2%) from 2014
Expenses
Up$18,172
Up $3,572 (+24%) from 2014
Net Income
Down-$1,609
Down $3,545 (-183%) from 2014
The organizations primary mission is to perform industrial development that will improve the community.
Industrial development to improve community
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $597,919 | $955,129 | ▲ $357,210 |
| Rtn Earn Endowment Incm Other Fnds | $760,821 | $759,212 | ▼ $1,609 |
| Cash and Non-Interest-Bearing Accounts | $162,902 | $154,083 | ▼ $8,819 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $760,821 | $1,109,212 | ▲ $348,391 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | - | $350,000 | - |
| Total Liabilities | $0 | $350,000 | ▲ $350,000 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $760,821 | $759,212 | ▼ $1,609 |
| Total Liabilities and Net Assets / Fund Balance | $760,821 | $1,109,212 | ▲ $348,391 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Land | $926,543 | - | $926,543 |
| Buildings | $28,586 | $6,414 | $35,000 |
| Name | Title |
|---|---|
| Edward R Nairn | Chairman |
| Beau Spurlock | Director |
| Carmel Spears | Director |
| Estill L Carter | Director |
| Greg Wilson | Director |
| Henry O Hackworth | Director |
| John Willoughby | Director |
| Paul P Hughes | Director |
| Thomas Nairn | Director |
| Burl W Spurlock | Secretary |
| Line Item | Amount |
|---|---|
| Other Expenses | $18,172 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Legal | - | $1,764 | - | $1,764 |
| Interest | - | $1,637 | - | $1,637 |
| Fees for Services Accounting | - | $1,486 | - | $1,486 |
| Depreciation Depletion | - | $1,272 | - | $1,272 |
| Insurance | - | $955 | - | $955 |
| Other Expenses | - | $200 | - | $200 |
| Office Expenses | - | $149 | - | $149 |
| Advertising | - | $107 | - | $107 |
| Total Functional Expenses | $0 | $18,172 | $0 | $18,172 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| Beau Spurlock | DIRECTOR AND PARTIAL OWNER OF ORGANIZATION'S BANK | Only Normal Third-party Business Transactions Occur Between the Organization and Its Bank. These Are All Arms-length Transactions. | No | - |
| Burl W Spurlock | DIRECTOR AND PARTIAL OWNER OF ORGANIZATION'S BANK | Only Normal Third-party Business Transactions Occur Between the Organization and Its Bank. These Are All Arms-length Transactions. | No | - |
| Edward R Nairn | DIRECTOR OF ORGINATION'S BANK | Only Normal Third-party Business Transactions Occur Between the Organization and Its Bank. These Are All Arms-length Transactions. | No | - |
| Estill L Carter | DIRECTOR OF ORGINATION'S BANK | Only Normal Third-party Business Transactions Occur Between the Organization and Its Bank. These Are All Arms-length Transactions. | No | - |
| Greg Wilson | PRESIDENT, DIRECTOR AND PARTIAL OWNER OF ORGANIZATION'S BANK | Only Normal Third-party Business Transactions Occur Between the Organization and Its Bank.these Are All Arms-length Transactions. | No | - |
“Board members burl spurlock and beau spurlock are father and son, as are board members edward r. Nairn and thomas nairn. Greg wilson is the nephew of burl spurlock by marriage.”
“The tax return is prepared by a regional cpa firm on behalf of the board. Various board members review the return and any related schedules prior to its filing. Any inaccuracies found at that time are discussed with the cpa and corrections are made before the organization files the tax return.”
“No documents, policies, etc. Are regularly published. Upon request, the organization provides copies of its governing documents and policies as well as any financial statements that have been prepared.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | INDUSTRIAL DEVELOPMENT TO IMPROVE COMMUNITY |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 107 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 107 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | BURL SPURLOCK |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6068862321 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 311 N ARNOLD AVE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | PRESTONSBURG |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | KY |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 41653 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 1 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 162902 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 154083 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 67 |
| IRS990/CYOtherExpensesAmt | 0 | 18172 |
| IRS990/CYOtherRevenueAmt | 0 | 16496 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -1609 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 18172 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 16563 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 1272 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 1272 |
| IRS990/Desc | 0 | LAND DEVELOPMENT COSTS OF $358,482.41 WERE CAPITALIZED THIS YEAR TO IMPROVE THE INDUSTRIAL SITE |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 358482 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 1486 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 1486 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 1764 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 1764 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | EDWARD R NAIRN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | BURL W SPURLOCK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | PAUL P HUGHES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | HENRY O HACKWORTH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | CARMEL SPEARS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | THOMAS NAIRN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | BEAU SPURLOCK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | JOHN WILLOUGHBY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | ESTILL L CARTER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | GREG WILSON |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2004 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 10 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 16563 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 10 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 955 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 955 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 1637 |
| IRS990/InterestGrp/TotalAmt | 0 | 1637 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 67 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 67 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 6414 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 597919 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 955129 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 961543 |
| IRS990/LegalDomicileStateCd | 0 | KY |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE ORGANIZATION'S PRIMARY MISSION IS TO PERFORM INDUSTRIAL DEVELOPMENT THAT WILL IMPROVE THE COMMUNITY. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 350000 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 760821 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 759212 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 149 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 149 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowSFAS117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | TAXES AND LICENSES |
| IRS990/OtherExpensesGrp/Desc | 1 | MISCELLANEOUS EXPENSE O |
| IRS990/OtherExpensesGrp/Desc | 2 | CHARITABLE CONTRIBUTION |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 10034 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 568 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 200 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 10034 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 568 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 200 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | BURL W SPURLOCK |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 107 |
| IRS990/PYOtherExpensesAmt | 0 | 14600 |
| IRS990/PYOtherRevenueAmt | 0 | 16429 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 1936 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 14600 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 16536 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -1609 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/ExclusionAmt | 0 | 16496 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 16496 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 760821 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 759212 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 28586 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 6414 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 35000 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 926543 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 926543 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 955129 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 0 | BURL W SPURLOCK |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 1 | BEAU SPURLOCK |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 2 | EDWARD R NAIRN |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 3 | ESTILL L CARTER |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 4 | GREG WILSON |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 0 | DIRECTOR AND PARTIAL OWNER OF ORGANIZATION'S BANK |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 1 | DIRECTOR AND PARTIAL OWNER OF ORGANIZATION'S BANK |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 2 | DIRECTOR OF ORGINATION'S BANK |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 3 | DIRECTOR OF ORGINATION'S BANK |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 4 | PRESIDENT, DIRECTOR AND PARTIAL OWNER OF ORGANIZATION'S BANK |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 0 | 0 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 1 | 0 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 2 | 0 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 3 | 0 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 4 | 0 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 0 | ONLY NORMAL THIRD-PARTY BUSINESS TRANSACTIONS OCCUR BETWEEN THE ORGANIZATION AND ITS BANK. THESE ARE ALL ARMS-LENGTH TRANSACTIONS. |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 1 | ONLY NORMAL THIRD-PARTY BUSINESS TRANSACTIONS OCCUR BETWEEN THE ORGANIZATION AND ITS BANK. THESE ARE ALL ARMS-LENGTH TRANSACTIONS. |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 2 | ONLY NORMAL THIRD-PARTY BUSINESS TRANSACTIONS OCCUR BETWEEN THE ORGANIZATION AND ITS BANK. THESE ARE ALL ARMS-LENGTH TRANSACTIONS. |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 3 | ONLY NORMAL THIRD-PARTY BUSINESS TRANSACTIONS OCCUR BETWEEN THE ORGANIZATION AND ITS BANK. THESE ARE ALL ARMS-LENGTH TRANSACTIONS. |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 4 | ONLY NORMAL THIRD-PARTY BUSINESS TRANSACTIONS OCCUR BETWEEN THE ORGANIZATION AND ITS BANK.THESE ARE ALL ARMS-LENGTH TRANSACTIONS. |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | BOARD MEMBERS BURL SPURLOCK AND BEAU SPURLOCK ARE FATHER AND SON, AS ARE BOARD MEMBERS EDWARD R. NAIRN AND THOMAS NAIRN. GREG WILSON IS THE NEPHEW OF BURL SPURLOCK BY MARRIAGE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE TAX RETURN IS PREPARED BY A REGIONAL CPA FIRM ON BEHALF OF THE BOARD. VARIOUS BOARD MEMBERS REVIEW THE RETURN AND ANY RELATED SCHEDULES PRIOR TO ITS FILING. ANY INACCURACIES FOUND AT THAT TIME ARE DISCUSSED WITH THE CPA AND CORRECTIONS ARE MADE BEFORE THE ORGANIZATION FILES THE TAX RETURN. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | NO DOCUMENTS, POLICIES, ETC. ARE REGULARLY PUBLISHED. UPON REQUEST, THE ORGANIZATION PROVIDES COPIES OF ITS GOVERNING DOCUMENTS AND POLICIES AS WELL AS ANY FINANCIAL STATEMENTS THAT HAVE BEEN PREPARED. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 760821 |
| IRS990/TotalAssetsEOYAmt | 0 | 1109212 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 760821 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1109212 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 18172 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 18172 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 350000 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 350000 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 760821 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 759212 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 358482 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 16563 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 16563 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 760821 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 1109212 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 311 N ARNOLD AVENUE |
| IRS990/USAddress/CityNm | 0 | PRESTONSBURG |
| IRS990/USAddress/StateAbbreviationCd | 0 | KY |
| IRS990/USAddress/ZIPCd | 0 | 41653 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 10 |
| IRS990/VotingMembersIndependentCnt | 0 | 10 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2016-09-27 15:27:22Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | BURL W SPURLOCK |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | SECRETARY |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6068862321 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-06-30 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | PRESTONSBURG INDUSTRIAL CORPORATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | PRES |
| ReturnHeader/Filer/EIN | 0 | 611326954 |
| ReturnHeader/Filer/PhoneNum | 0 | 6068866946 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 311 N ARNOLD AVENUE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | PRESTONSBURG |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | KY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 416531281 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 611223180 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | GRIFFITH DELANEY HILLMAN & CO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO BOX 1360 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ASHLAND |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | KY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 411051360 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6063291656 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | TRACY NEAL HILLMAN |
| ReturnHeader/ReturnTs | 0 | 2016-07-08T12:25:46-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-12-31 |
| ReturnHeader/TaxYr | 0 | 2015 |
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Displayed year
2015 • Form 990Detailed filing. Detailed filing data is available for this year.