Civic Intelligence

Downtown Morehead Inc

990EZ • Fiscal year 2021 • EIN 61-1353599

Jul 01, 2020 to Jun 30, 2021 • Filed on Oct 22, 2021

PO Box 946Morehead, KY 40351

(606) 784-4451

Siviq Scores

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

Liabilities / Assets

89th percentile

0.40x

Higher debt load relative to assets than 89% of similar nonprofits.

2021 filings • 501(c)4 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

92nd percentile

0.73x

Higher debt load relative to revenue than 92% of similar nonprofits.

2021 filings • 501(c)4 • <$500k nonprofits • Source year 2021

Net Margin

45th percentile

4.3%

Higher net margin than 45% of similar nonprofits.

2021 filings • 501(c)4 • <$500k nonprofits • Source year 2021

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

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

2021 filings • 501(c)4 • <$500k nonprofits • Source year 2021

Asset Growth

41st percentile

-0.4%

Faster asset growth than 41% of similar nonprofits.

2021 filings • 501(c)4 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

75th percentile

30%

Faster revenue growth than 75% of similar nonprofits.

2021 filings • 501(c)4 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$152,816

Down $629 (-0.4%) from 2020

Net Assets

Up

$90,992

Up $3,512 (+4.0%) from 2020

Liabilities

Down

$61,824

Down $4,141 (-6.3%) from 2020

Revenue

Up

$84,508

Up $19,323 (+30%) from 2020

Expenses

Up

$80,909

Up $13,609 (+20%) from 2020

Net Income

Up

$3,599

Up $5,714 (+270%) from 2020

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2011: $120,623Liabilities 2011: $82,2212011Assets 2012: $117,870Liabilities 2012: $78,6432012Assets 2013: $110,935Liabilities 2013: $74,5142013Assets 2014: $148,422Liabilities 2014: $0Net Assets 2014: $148,4222014Assets 2015: $137,193Liabilities 2015: $0Net Assets 2015: $137,1932015Assets 2016: $126,577Liabilities 2016: $0Net Assets 2016: $126,5772016Assets 2017: $153,762Liabilities 2017: $52,862Net Assets 2017: $100,9002017Assets 2018: $181,628Liabilities 2018: $72,172Net Assets 2018: $109,4562018Assets 2019: $183,253Liabilities 2019: $68,435Net Assets 2019: $114,8182019Assets 2020: $153,445Liabilities 2020: $65,965Net Assets 2020: $87,4802020Assets 2021: $152,816Liabilities 2021: $61,824Net Assets 2021: $90,9922021Assets 2022: $140,631Liabilities 2022: $57,836Net Assets 2022: $82,7952022Assets 2023: $132,115Liabilities 2023: $53,257Net Assets 2023: $78,8582023Assets 2024: $134,683Liabilities 2024: $49,315Net Assets 2024: $85,3682024Assets 2025: $131,588Liabilities 2025: $44,300Net Assets 2025: $87,2882025

Highlighted filing

2021

Assets$152,816
Liabilities$61,824
Net Assets$90,992

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $52,140Expenses 2011: $65,637Net Income 2011: -$13,4972011Revenue 2012: $70,757Expenses 2012: $69,932Net Income 2012: $8252012Revenue 2013: $39,451Expenses 2013: $42,257Net Income 2013: -$2,8062013Revenue 2014: $92,003Expenses 2014: $54,516Net Income 2014: $37,4872014Revenue 2015: $49,831Expenses 2015: $61,060Net Income 2015: -$11,2292015Revenue 2016: $66,706Expenses 2016: $77,322Net Income 2016: -$10,6162016Revenue 2017: $124,333Expenses 2017: $150,010Net Income 2017: -$25,6772017Revenue 2018: $97,293Expenses 2018: $88,737Net Income 2018: $8,5562018Revenue 2019: $112,174Expenses 2019: $106,812Net Income 2019: $5,3622019Revenue 2020: $65,185Expenses 2020: $67,300Net Income 2020: -$2,1152020Revenue 2021: $84,508Expenses 2021: $80,909Net Income 2021: $3,5992021Revenue 2022: $193,387Expenses 2022: $201,747Net Income 2022: -$8,3602022Revenue 2023: $213,684Expenses 2023: $217,454Net Income 2023: -$3,7702023Revenue 2024: $180,679Expenses 2024: $173,706Net Income 2024: $6,9732024Revenue 2025: $208,439Expenses 2025: $206,719Net Income 2025: $1,7202025

Highlighted filing

2021

Revenue$84,508
Expenses$80,909
Net Income$3,599
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Oct 22, 2021
Return Version
2020v4.0
Gross Receipts
$95,459
Mission and Program Overview

Mission

Promotion of downtown morehead ky

Program Services

DescriptionGrantsExpenses
HELP WITH THE PROMOTING, REVITALIZATION AND BEUTIFICATION OF DOWNTOWN MOREHEAD KY-$47,910
HELP WITH THE PROMOTING, REVITALIZATION AND BEUTIFICATION OF DOWNTOWN MOREHEAD KY-$32,999
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBIN MIRUSPresident-$0--
JIM TRENTSecretary-$0--
NICHOLAS HOLLANVice Preside-$0--
RODNEY FOUCHTreasurer-$0--
LAURA WHITE BROWNDirector-$0--
HARRY CLARKDirector-$0--
MARK MURPHYDirector-$0--
MELISA PLANKDirector-$0--
MONTI LLOYDDirector-$0--
SUSETTE REDWINEDirector-$0--
DAN MARKWELLDirector-$0--
CAM FLANDERSDirector-$0--
DOUG CASKEYDirector-$0--
JAY MORGANDirector-$0--
JASON SLONEDirector-$0--
Filing and Contact Details

Filer

Filer Name
Downtown Morehead Inc
EIN
61-1353599
Address
PO BOX 946, MOREHEAD, KY 40351

Signing Officer

Name
Robin Mirus
Title
President
Signed
2021-10-22
Discuss with paid preparer
Yes

Preparer

Firm
Donna Hendrix CPA Psc
Address
550 W 1ST ST PO BOX 449, MOREHEAD, KY 40351
Preparer
Sherman Sparks
Phone
6067844451
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses 1,407 150 dues and subscriptions 1,175 total 2,732

Form 990-ez, Part I, Line 20

Book / tax depreciation difference -87

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 350 0 building 0 85,692 less accumulated depreciation 0 2,142 building improvements 0 774 less accumulated depreciation 0 19 building improvements 0 4,502 less accumulated depreciation 0 113 sign 0 345 less accumulated depreciation 0 35 sign 0 4,950 less accumulated depreciation 0 495 building improvements 0 9,959 less accumulated depreciation 0 249 building improvements 0 2,520 less accumulated depreciation 0 63 total 350 105,626

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 1,500 1,501 unsecured notes and loans payable 64,465 60,323

Form 990-ez, Part III, Line 31

Help with the promoting, revitalization and beutification of downtown morehead ky

Raw XML Appendix181 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
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CompensationExplanation/CompensationExplanationGrp/PersonNm1JIM TRENT
CompensationExplanation/CompensationExplanationGrp/PersonNm2NICHOLAS HOLLAN
CompensationExplanation/CompensationExplanationGrp/PersonNm3RODNEY FOUCH
CompensationExplanation/CompensationExplanationGrp/PersonNm4LAURA WHITE BROWN
CompensationExplanation/CompensationExplanationGrp/PersonNm5HARRY CLARK
CompensationExplanation/CompensationExplanationGrp/PersonNm6MARK MURPHY
CompensationExplanation/CompensationExplanationGrp/PersonNm7MELISA PLANK
CompensationExplanation/CompensationExplanationGrp/PersonNm8MONTI LLOYD
CompensationExplanation/CompensationExplanationGrp/PersonNm9SUSETTE REDWINE
CompensationExplanation/CompensationExplanationGrp/PersonNm10DAN MARKWELL
CompensationExplanation/CompensationExplanationGrp/PersonNm11CAM FLANDERS
CompensationExplanation/CompensationExplanationGrp/PersonNm12DOUG CASKEY
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CompensationExplanation/CompensationExplanationGrp/PersonNm14JASON SLONE
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IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt120
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt130
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt140
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ROBIN MIRUS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JIM TRENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2NICHOLAS HOLLAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3RODNEY FOUCH
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm12DOUG CASKEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm13JAY MORGAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm14JASON SLONE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt12DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt13DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt14DIRECTOR
IRS990EZ/OperateHospitalInd0false
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IRS990EZ/PrimaryExemptPurposeTxt0PROMOTION OF DOWNTOWN MOREHEAD KY
IRS990EZ/PrintingPublicationsPostageAmt0551
IRS990EZ/ProgramServiceRevenueAmt043310
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1HELP WITH THE PROMOTING, REVITALIZATION AND BEUTIFICATION OF DOWNTOWN MOREHEAD KY
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt047910
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IRS990EZ/TotalRevenueAmt084508
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES 1,407 150 DUES AND SUBSCRIPTIONS 1,175 TOTAL 2,732
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOOK / TAX DEPRECIATION DIFFERENCE -87
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PREPAID EXPENSES AND DEFERRED CHARGES 350 0 BUILDING 0 85,692 LESS ACCUMULATED DEPRECIATION 0 2,142 BUILDING IMPROVEMENTS 0 774 LESS ACCUMULATED DEPRECIATION 0 19 BUILDING IMPROVEMENTS 0 4,502 LESS ACCUMULATED DEPRECIATION 0 113 SIGN 0 345 LESS ACCUMULATED DEPRECIATION 0 35 SIGN 0 4,950 LESS ACCUMULATED DEPRECIATION 0 495 BUILDING IMPROVEMENTS 0 9,959 LESS ACCUMULATED DEPRECIATION 0 249 BUILDING IMPROVEMENTS 0 2,520 LESS ACCUMULATED DEPRECIATION 0 63 TOTAL 350 105,626
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,500 1,501 UNSECURED NOTES AND LOANS PAYABLE 64,465 60,323
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4HELP WITH THE PROMOTING, REVITALIZATION AND BEUTIFICATION OF DOWNTOWN MOREHEAD KY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBIN MIRUS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DOWNTOWN MOREHEAD INC
ReturnHeader/Filer/BusinessNameControlTxt0DOWN
ReturnHeader/Filer/EIN0611353599
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 946
ReturnHeader/Filer/USAddress/CityNm0MOREHEAD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040351
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0205528401
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DONNA HENDRIX CPA PSC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0550 W 1ST ST PO BOX 449
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MOREHEAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd040351
ReturnHeader/PreparerPersonGrp/PhoneNum06067844451
ReturnHeader/PreparerPersonGrp/PreparationDt02021-10-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHERMAN SPARKS
ReturnHeader/ReturnTs02021-10-26T08:31:05-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ROBIN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MIRUS
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.32$0.44$0.87$2.08$2.07$0.02
2024Detailed filing. Detailed filing data is available for this year.$1.35$0.49$0.85$1.81$1.74$0.07
2023Detailed filing. Detailed filing data is available for this year.$1.32$0.53$0.79$2.14$2.17$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.41$0.58$0.83$1.93$2.02$0.08
2021Detailed filing. Detailed filing data is available for this year.$1.53$0.62$0.91$0.85$0.81$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.53$0.66$0.87$0.65$0.67$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.83$0.68$1.15$1.12$1.07$0.05
2018Detailed filing. Detailed filing data is available for this year.$1.82$0.72$1.09$0.97$0.89$0.09
2017Detailed filing. Detailed filing data is available for this year.$1.54$0.53$1.01$1.24$1.50$0.26
2016Detailed filing. Detailed filing data is available for this year.$1.27$0.00$1.27$0.67$0.77$0.11
2015Detailed filing. Detailed filing data is available for this year.$1.37$0.00$1.37$0.50$0.61$0.11
2014Detailed filing. Detailed filing data is available for this year.$1.48$0.00$1.48$0.92$0.55$0.37
2013Summary only. Only limited summary data is available for this year.$1.11$0.75$0.39$0.42$0.03
2012Summary only. Only limited summary data is available for this year.$1.18$0.79$0.71$0.70$0.01
2011Summary only. Only limited summary data is available for this year.$1.21$0.82$0.52$0.66$0.13
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)4 • <$500k nonprofits