Civic Intelligence

Greenup-Boyd Riverport Authority

EIN 61-1400471 • 501(c)3 • Greenup, KY

Profile

The purpose of the authority shall be to establish, maintain, operate, and expand necessary and proper riverport and river navigation facilities, and to acquire and develop property, or rights therein within the economic evirons, the home county, or any county adjacent thereto, of the riverport or proposed riverport to attract directly or indirectly river-oriented industry.

C/O Doug CollinsGreenup, KY 41144

n/A

Siviq Scores

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

Liabilities / Assets

90th percentile

0.82x

Higher debt load relative to assets than 90% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

97th percentile

9.22x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

83rd percentile

34%

Higher net margin than 83% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

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

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

38th percentile

0.4%

Faster asset growth than 38% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

77th percentile

31%

Faster revenue growth than 77% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$5,202,663

Down $118,538 (-2.2%) from 2022

Liabilities

Down

$4,439,132

Down $145,795 (-3.2%) from 2022

Net Assets

Up

$763,531

Up $27,257 (+3.7%) from 2022

Revenue

Down

$355,340

Down $90,824 (-20%) from 2022

Expenses

Up

$328,083

Up $51,827 (+19%) from 2022

Net Income

Down

$27,257

Down $142,651 (-84%) from 2022

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $1,813,084Liabilities 2010: $930,000Net Assets 2010: $883,0842010Assets 2011: $3,229,739Liabilities 2011: $2,372,031Net Assets 2011: $857,7082011Assets 2012: $3,827,421Liabilities 2012: $3,130,000Net Assets 2012: $697,4212012Assets 2013: $4,326,436Liabilities 2013: $3,414,000Net Assets 2013: $912,4362013Assets 2014: $5,425,575Liabilities 2014: $4,674,000Net Assets 2014: $751,5752014Assets 2015: $5,403,226Liabilities 2015: $4,678,455Net Assets 2015: $724,7712015Assets 2016: $5,761,041Liabilities 2016: $5,003,274Net Assets 2016: $757,7672016Assets 2017: $5,874,245Liabilities 2017: $4,926,907Net Assets 2017: $947,3382017Assets 2018: $5,764,712Liabilities 2018: $4,979,873Net Assets 2018: $784,8392018Assets 2019: $5,587,210Liabilities 2019: $4,832,145Net Assets 2019: $755,0652019Assets 2020: $5,383,837Liabilities 2020: $4,849,695Net Assets 2020: $534,1422020Assets 2021: $5,286,277Liabilities 2021: $4,719,911Net Assets 2021: $566,3662021Assets 2022: $5,321,201Liabilities 2022: $4,584,927Net Assets 2022: $736,2742022Assets 2023: $5,202,663Liabilities 2023: $4,439,132Net Assets 2023: $763,5312023

Highlighted filing

2023

Assets$5,202,663
Liabilities$4,439,132
Net Assets$763,531

Operations Trend

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

$600K$400K$200K$0-$200K-$400KExpenses 2010: $119,1122010Expenses 2011: $133,6702011Expenses 2012: $361,4552012Revenue 2013: $422,371Expenses 2013: $207,356Net Income 2013: $215,0152013Revenue 2014: $264,951Expenses 2014: $425,812Net Income 2014: -$160,8612014Revenue 2015: $424,777Expenses 2015: $451,581Net Income 2015: -$26,8042015Revenue 2016: $403,074Expenses 2016: $370,078Net Income 2016: $32,9962016Revenue 2017: $503,373Expenses 2017: $313,802Net Income 2017: $189,5712017Revenue 2018: $241,739Expenses 2018: $404,238Net Income 2018: -$162,4992018Revenue 2019: $294,429Expenses 2019: $324,203Net Income 2019: -$29,7742019Revenue 2020: $326,521Expenses 2020: $542,511Net Income 2020: -$215,9902020Revenue 2021: $314,362Expenses 2021: $282,136Net Income 2021: $32,2262021Revenue 2022: $446,164Expenses 2022: $276,256Net Income 2022: $169,9082022Revenue 2023: $355,340Expenses 2023: $328,083Net Income 2023: $27,2572023

Highlighted filing

2023

Revenue$355,340
Expenses$328,083
Net Income$27,257

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$5.20$4.44$0.76$0.36$0.33$0.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.32$4.58$0.74$0.45$0.28$0.17
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.29$4.72$0.57$0.31$0.28$0.03
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.38$4.85$0.53$0.33$0.54$0.22
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.59$4.83$0.76$0.29$0.32$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.76$4.98$0.78$0.24$0.40$0.16
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.87$4.93$0.95$0.50$0.31$0.19
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.76$5.00$0.76$0.40$0.37$0.03
2015Detailed filing. Detailed filing data is available for this year.$5.40$4.68$0.72$0.42$0.45$0.03
2014Detailed filing. Detailed filing data is available for this year.$5.43$4.67$0.75$0.26$0.43$0.16
2013Summary only. Only limited summary data is available for this year.$4.33$3.41$0.91$0.42$0.21$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.83$3.13$0.70$0.36
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.23$2.37$0.86$0.13
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.81$0.93$0.88$0.12
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2020 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 29, 2021
Return Version
2020v4.0
Gross Receipts
$326,521
Mission and Program Overview

Mission

The purpose of the authority shall be to establish, maintain, operate, and expand necessary and proper riverport and river navigation facilities, and to acquire and develop property, or rights therein within the economic evirons, the home county, or any county adjacent thereto, of the riverport or proposed riverport to attract directly or indirectly river-oriented industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,659,082$4,581,343▼ $77,739
Cash and Non-Interest-Bearing Accounts$419,671$345,113▼ $74,558
Savings and Temporary Cash Investments$63,143$64,419▲ $1,276
Total Assets$5,587,210$5,383,837▼ $203,373
Other Assets Total$445,314$392,962▼ $52,352
Liabilities
Other Liabilities$4,832,145$4,849,695▲ $17,550
Total Liabilities$4,832,145$4,849,695▲ $17,550
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$755,065$534,142▼ $220,923
Total Net Assets Fund Balance$755,065$534,142▼ $220,923
Total Liabilities and Net Assets / Fund Balance$5,587,210$5,383,837▼ $203,373

Asset Categories

AssetBook ValueDepreciationBasis
Land$3,061,781-$3,061,781
Other Land Buildings$876,950$858,776$1,735,726
Buildings$626,580$144,858$771,438
Leasehold Improvements$16,032$2,396$18,428
Other Assets Org$392,962--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert CarpenterJudge Execut
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$309,602
Investment Income
$16,919
Other Revenue
$0
Change in Net Assets
$-215,990
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$542,511
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$200,079--$200,079
Depreciation Depletion$139,452--$139,452
Fees for Services Legal$17,811--$17,811
Fees for Services Accounting$10,700--$10,700
Other Expenses$7,365--$7,365
All Other Expenses$3,048--$3,048
Total Functional Expenses$542,511$0$0$542,511
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
N/p-kpad 2020e$3,276,000
N/p-kpad 2018a$1,170,000
Loan-699 Riverside Blvd.$218,695
N/p-kpad 2015b$165,000
Startup Loan From Greenup County$10,000
Startup Loan From Boyd County$10,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
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

Copy on file at courthouse.

Form 990, Page 6, Part VI, Line 19

Made available upon request at the courthouse.

Filing and Contact Details

Filer

Filer Name
Greenup-boyd Riverport Authority
EIN
61-1400471
Phone
6064736440
Address
C/O DOUG COLLINS, GREENUP, KY 41144

Signing Officer

Name
Robert Carpenter
Title
Judge Executive
Phone
6064736440
Signed
2021-09-29

Organization Details

Principal Officer
Robert Carpenter
Formed
1990
Legal Domicile
Ky
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
The Fyffe Jones Group Ac
Address
2155 CARTER AVENUE, ASHLAND, KY 41101
Preparer
Terry R Fyffe
Phone
6063298604
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The purpose of the authority shall be to establish, maintain, operate, and expand necessary and proper riverport and river navigation facilities, and to acquire and develop property, or rights therein within the economic evirons, the home county, or any county adjacent thereto, of the riverport or proposed riverport to attract directly or indirectly river-oriented industry.

Form 990, Page 2, Part III, Line 4D

The purpose of the authority shall be to establish, maintain, operate, and expand necessary and proper riverport and river navigation facilities, and to acquire and develop property, or rights therein within the economic evirons, the home county, or any county adjacent thereto,of the riverport or proposed riverport to attract directly or indirectly river-oriented industry.

Form 990, Part XI, Line 9

Prior year changes -4,933

Raw XML Appendix298 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/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01990
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
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IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
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IRS990/GroupReturnForAffiliatesInd0false
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IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt01
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IRS990/LoanOutstandingInd0false
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IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
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IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/MoreThan5000KToIndividualsInd0false
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IRS990/NetAssetsOrFundBalancesBOYAmt0755065
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0BANK ESCROW FOR 2018A PAYMENTS
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0N/P-KPAD 2020E
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1N/P-KPAD 2018A
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3N/P-KPAD 2015B
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5STARTUP LOAN FROM BOYD COUNTY
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PURPOSE OF THE AUTHORITY SHALL BE TO ESTABLISH, MAINTAIN, OPERATE, AND EXPAND NECESSARY AND PROPER RIVERPORT AND RIVER NAVIGATION FACILITIES, AND TO ACQUIRE AND DEVELOP PROPERTY, OR RIGHTS THEREIN WITHIN THE ECONOMIC EVIRONS, THE HOME COUNTY, OR ANY COUNTY ADJACENT THERETO, OF THE RIVERPORT OR PROPOSED RIVERPORT TO ATTRACT DIRECTLY OR INDIRECTLY RIVER-ORIENTED INDUSTRY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PURPOSE OF THE AUTHORITY SHALL BE TO ESTABLISH, MAINTAIN, OPERATE, AND EXPAND NECESSARY AND PROPER RIVERPORT AND RIVER NAVIGATION FACILITIES, AND TO ACQUIRE AND DEVELOP PROPERTY, OR RIGHTS THEREIN WITHIN THE ECONOMIC EVIRONS, THE HOME COUNTY, OR ANY COUNTY ADJACENT THERETO,OF THE RIVERPORT OR PROPOSED RIVERPORT TO ATTRACT DIRECTLY OR INDIRECTLY RIVER-ORIENTED INDUSTRY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COPY ON FILE AT COURTHOUSE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MADE AVAILABLE UPON REQUEST AT THE COURTHOUSE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PRIOR YEAR CHANGES -4,933
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05587210
IRS990/TotalAssetsEOYAmt05383837
IRS990/TotalAssetsGrp/BOYAmt05587210
IRS990/TotalAssetsGrp/EOYAmt05383837
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0542511
IRS990/TotalFunctionalExpensesGrp/TotalAmt0542511
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04832145
IRS990/TotalLiabilitiesEOYAmt04849695
IRS990/TotalLiabilitiesGrp/BOYAmt04832145
IRS990/TotalLiabilitiesGrp/EOYAmt04849695
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0755065
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0534142
IRS990/TotalOtherProgSrvcExpenseAmt0139452
IRS990/TotalProgramServiceExpensesAmt0542511
IRS990/TotalProgramServiceRevenueAmt0309602
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0326521
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0326521
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05587210
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05383837
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0GREENUP COUNTY COURTHOUSE
IRS990/USAddress/CityNm0GREENUP
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd041144
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT CARPENTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0JUDGE EXECUTIVE
ReturnHeader/BusinessOfficerGrp/PhoneNum06064736440
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-09-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GREENUP-BOYD RIVERPORT AUTHORITY
ReturnHeader/Filer/BusinessNameControlTxt0GREE
ReturnHeader/Filer/EIN0611400471
ReturnHeader/Filer/PhoneNum06064736440
ReturnHeader/Filer/USAddress/AddressLine1Txt0C/O DOUG COLLINS
ReturnHeader/Filer/USAddress/CityNm0GREENUP
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd041144
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0550634778
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THE FYFFE JONES GROUP AC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02155 CARTER AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ASHLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd041101
ReturnHeader/PreparerPersonGrp/PhoneNum06063298604
ReturnHeader/PreparerPersonGrp/PreparationDt02021-10-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TERRY R FYFFE
ReturnHeader/ReturnTs02021-10-05T09:56:22-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ROBERT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CARPENTER
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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