Liabilities / Assets
77th percentile
Higher debt load relative to assets than 77% of similar nonprofits.
990 • Fiscal year 2017 • EIN 61-1326954
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
77th percentile
Higher debt load relative to assets than 77% of similar nonprofits.
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
3rd percentile
Higher net margin than 3% of similar nonprofits.
Top Officer Pay
58th percentile
Higher top officer pay than 58% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
31st percentile
Faster asset growth than 31% of similar nonprofits.
Revenue Growth
53rd percentile
Faster revenue growth than 53% of similar nonprofits.
Assets
Down$1,074,020
Down $12,763 (-1.2%) from 2016
Net Assets
Down$724,020
Down $12,763 (-1.7%) from 2016
Liabilities
Flat$350,000
Flat from 2016
Revenue
Up$14,214
Up $492 (+3.6%) from 2016
Expenses
Down$26,977
Down $9,174 (-25%) from 2016
Net Income
Up-$12,763
Up $9,666 (+43%) from 2016
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 | $974,649 | $974,649 | → $0 |
| Rtn Earn Endowment Incm Other Fnds | $736,783 | $724,020 | ▼ $12,763 |
| Cash and Non-Interest-Bearing Accounts | $112,134 | $99,371 | ▼ $12,763 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $1,086,783 | $1,074,020 | ▼ $12,763 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $350,000 | $350,000 | → $0 |
| Total Liabilities | $350,000 | $350,000 | → $0 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $736,783 | $724,020 | ▼ $12,763 |
| Total Liabilities and Net Assets / Fund Balance | $1,086,783 | $1,074,020 | ▼ $12,763 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Land | $974,649 | - | $974,649 |
| Name | Title |
|---|---|
| Edward R Nairn | Chairman |
| Beau Spurlock | 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 | $26,977 |
| 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 |
|---|---|---|---|---|
| Interest | - | $14,370 | - | $14,370 |
| Fees for Services Accounting | - | $1,530 | - | $1,530 |
| Insurance | - | $797 | - | $797 |
| Office Expenses | - | $527 | - | $527 |
| Other Expenses | - | $150 | - | $150 |
| Advertising | - | $28 | - | $28 |
| Total Functional Expenses | $0 | $26,977 | $0 | $26,977 |
| 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 | 28 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 28 |
| 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 | 112134 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 99371 |
| 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 | 23 |
| IRS990/CYOtherExpensesAmt | 0 | 26977 |
| IRS990/CYOtherRevenueAmt | 0 | 14191 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -12763 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 26977 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 14214 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | LAND DEVELOPMENT COSTS OF $0.00 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/FamilyOrBusinessRlnInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 1530 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 1530 |
| 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/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/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/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 | THOMAS NAIRN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | BEAU SPURLOCK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | JOHN WILLOUGHBY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | ESTILL L CARTER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | 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/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/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/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 | 9 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 14214 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 9 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 797 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 797 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 14370 |
| IRS990/InterestGrp/TotalAmt | 0 | 14370 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 23 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 23 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 974649 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 974649 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 974649 |
| 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/BOYAmt | 0 | 350000 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 350000 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 736783 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 724020 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 527 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 527 |
| 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 | MAINTENANCE & REPAIRS |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 9000 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 575 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 150 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 9000 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 575 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 150 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900001 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MISCELLANEOUS INCOME |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 0 | 260 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 260 |
| IRS990/OtherRevenueTotalAmt | 0 | 260 |
| 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 | 17 |
| IRS990/PYOtherExpensesAmt | 0 | 36151 |
| IRS990/PYOtherRevenueAmt | 0 | 13705 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -22429 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 36151 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 13722 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -12763 |
| 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 | 13931 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 13931 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 736783 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 724020 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 974649 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 974649 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 974649 |
| 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 11B |
| 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 | 1086783 |
| IRS990/TotalAssetsEOYAmt | 0 | 1074020 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 1086783 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1074020 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 26977 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 26977 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 350000 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 350000 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 350000 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 350000 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 736783 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 724020 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 14214 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 14214 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 1086783 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 1074020 |
| 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 | 9 |
| IRS990/VotingMembersIndependentCnt | 0 | 9 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2018-06-14 16:35:46Z |
| 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 | 2018-05-08 |
| 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/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 708BC49876B4FD06720B8DFBDB0C745F44FE0250 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 7EE70EF23A54085A5756724A8C56349185D593F8 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 162.155.168.3 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2018-05-08 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | ED |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 16:38:24 |
| 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 | 2018-05-23T06:08:21-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2017-12-31 |
| ReturnHeader/TaxYr | 0 | 2017 |
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Displayed year
2017 • Form 990Detailed filing. Detailed filing data is available for this year.