Civic Intelligence

Shelby County Agricultural Development Foundation Inc

990 • Fiscal year 2016 • EIN 61-1390341

Jul 01, 2015 to Jun 30, 2016 • Filed on Sep 28, 2016

1117 Frankfort RoadShelbyville, KY 40065

(502) 633-4593

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.00x

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

2016 filings • 501(c)5 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

53rd percentile

0.00x

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

2016 filings • 501(c)5 • <$500k nonprofits • Source year 2016

Net Margin

30th percentile

-3.4%

Higher net margin than 30% of similar nonprofits.

2016 filings • 501(c)5 • <$500k nonprofits • Source year 2016

Top Officer Pay

46th percentile

$0

Higher top officer pay than 46% of similar nonprofits.

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

2016 filings • 501(c)5 • <$500k nonprofits • Source year 2016

Asset Growth

11th percentile

-19%

Faster asset growth than 11% of similar nonprofits.

2016 filings • 501(c)5 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

88th percentile

22%

Faster revenue growth than 88% of similar nonprofits.

2016 filings • 501(c)5 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$39,305

Down $9,261 (-19%) from 2015

Net Assets

Down

$39,305

Down $9,261 (-19%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$275,000

Up $50,000 (+22%) from 2015

Expenses

Up

$284,261

Up $64,405 (+29%) from 2015

Net Income

Down

-$9,261

Down $14,405 (-280%) from 2015

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2010: $4,046Net Assets 2010: $4,0462010Assets 2013: $166,857Liabilities 2013: $0Net Assets 2013: $166,8572013Assets 2014: $43,422Liabilities 2014: $0Net Assets 2014: $43,4222014Assets 2015: $48,566Liabilities 2015: $0Net Assets 2015: $48,5662015Assets 2016: $39,305Liabilities 2016: $0Net Assets 2016: $39,3052016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017Assets 2018: $3,961Liabilities 2018: $0Net Assets 2018: $3,9612018

Highlighted filing

2016

Assets$39,305
Liabilities$0
Net Assets$39,305

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $40,6922010Revenue 2013: $505,783Expenses 2013: $338,926Net Income 2013: $166,8572013Revenue 2014: $282,000Expenses 2014: $405,435Net Income 2014: -$123,4352014Revenue 2015: $225,000Expenses 2015: $219,856Net Income 2015: $5,1442015Revenue 2016: $275,000Expenses 2016: $284,261Net Income 2016: -$9,2612016Revenue 2017: $0Expenses 2017: $39,305Net Income 2017: -$39,3052017Revenue 2018: $0Expenses 2018: $0Net Income 2018: $02018

Highlighted filing

2016

Revenue$275,000
Expenses$284,261
Net Income-$9,261
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Sep 28, 2016
Return Version
2015v2.1
Gross Receipts
$275,000
Mission and Program Overview

Mission

Promoting agricultural diversification

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$48,566$39,305▼ $9,261
Rtn Earn Endowment Incm Other Fnds$48,566$39,305▼ $9,261
Total Assets$48,566$39,305▼ $9,261
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$48,566$39,305▼ $9,261
Total Liabilities and Net Assets / Fund Balance$48,566$39,305▼ $9,261
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mike EllisPresident
Jana ScottDirector
Jack TrumboVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$275,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-9,261
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$263,479
Other Expenses$20,782
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$263,479--$263,479
Other Expenses$7,432$11,408-$7,432
Fees for Services Accounting-$1,102-$1,102
Insurance-$840-$840
Total Functional Expenses$270,911$13,350$0$284,261
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

A copy of form 990 is provided to the organization for review before the form is filed.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Shelby County Agricultural
EIN
61-1390341
Phone
5026334593
Address
1117 FRANKFORT ROAD, SHELBYVILLE, KY 40065

Signing Officer

Name
Mike Ellis
Title
President
Phone
5026334593
Signed
2016-09-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Ellis
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
L BALLARD & COMPANY PSC CPA'S
Address
906 MAIN STREET, SHELBYVILLE, KY 40065-1313
Preparer
Phillip P Thurman CPA
Phone
5026331422
Raw XML Appendix243 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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IRS990/ActivitiesConductedPrtshpInd0false
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IRS990/BooksInCareOfDetail/PersonNm0JUDY WHITE
IRS990/BooksInCareOfDetail/PhoneNum05023218757
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01117 FRANKFORT ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0SHELBYVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd040065
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IRS990/CYOtherRevenueAmt00
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IRS990/CYRevenuesLessExpensesAmt0-9261
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IRS990/Form990PartVIISectionAGrp/OfficerInd1X
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GovernmentGrantsAmt0275000
IRS990/GrantAmt0263479
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0263479
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0263479
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0true
IRS990/GrossReceiptsAmt0275000
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0840
IRS990/InsuranceGrp/TotalAmt0840
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt087
IRS990/IRPDocumentW2GCnt00
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
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IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt048566
IRS990/NetAssetsOrFundBalancesEOYAmt039305
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0CONTRACT LABOR
IRS990/OtherExpensesGrp/Desc1REPAYMENTS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt011408
IRS990/OtherExpensesGrp/ProgramServicesAmt07432
IRS990/OtherExpensesGrp/TotalAmt011408
IRS990/OtherExpensesGrp/TotalAmt17432
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MIKE ELLIS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0225000
IRS990/PYGrantsAndSimilarPaidAmt0203301
IRS990/PYOtherExpensesAmt016555
IRS990/PYRevenuesLessExpensesAmt05144
IRS990/PYTotalExpensesAmt0219856
IRS990/PYTotalRevenueAmt0225000
IRS990/ReconcilationRevenueExpnssAmt0-9261
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0263479
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0GRANTS-AG DIVERSIFICATION
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt071
IRS990/ScheduleJRequiredInd0false
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IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/RelationshipWithOrgTxt0DIRECTOR
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0MIKE ELLIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05026334593
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-09-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SHELBY COUNTY AGRICULTURAL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DEVELOPMENT FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0SHEL
ReturnHeader/Filer/EIN0611390341
ReturnHeader/Filer/PhoneNum05026334593
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ReturnHeader/Filer/USAddress/CityNm0SHELBYVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040065
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0610963325
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0L BALLARD & COMPANY PSC CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0906 MAIN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SHELBYVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0400651313
ReturnHeader/PreparerPersonGrp/PhoneNum05026331422
ReturnHeader/PreparerPersonGrp/PreparationDt02016-09-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PHILLIP P THURMAN CPA
ReturnHeader/ReturnTs02016-10-20T15:51:12-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

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