Civic Intelligence

Tourism Development Foundation of Tunica

EIN 61-1476060 • 501(c)6 • Tunica Resorts, MS

Profile

Promotion of tourism and economic development

13625 Highway 61 NTunica Resorts, MS 38664

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

51st percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2021

Net Margin

8th percentile

-74%

Higher net margin than 8% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2021

Asset Growth

8th percentile

-100%

Faster asset growth than 8% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

85th percentile

35%

Faster revenue growth than 85% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $63,109 (-100%) from 2020

Liabilities

Down

$0

Down $5,056 (-100%) from 2020

Net Assets

Down

$0

Down $58,053 (-100%) from 2020

Operations
Liabilities / Revenue51st percentileNet Margin8th percentile

Revenue

Up

$78,199

Up $20,119 (+35%) from 2020

Expenses

Up

$136,252

Up $118,755 (+679%) from 2020

Net Income

Down

-$58,053

Down $98,636 (-243%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth8th percentile

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

$80K$60K$40K$20K$0Assets 2011: $39,249Liabilities 2011: $0Net Assets 2011: $39,2492011Assets 2012: $29,386Liabilities 2012: $0Net Assets 2012: $29,3862012Assets 2013: $25,089Liabilities 2013: $0Net Assets 2013: $25,0892013Assets 2014: $30,545Liabilities 2014: $0Net Assets 2014: $30,5452014Assets 2015: $27,040Liabilities 2015: $0Net Assets 2015: $27,0402015Assets 2016: $23,381Liabilities 2016: $0Net Assets 2016: $23,3812016Assets 2017: $19,300Liabilities 2017: $0Net Assets 2017: $19,3002017Assets 2018: $10,069Liabilities 2018: $0Net Assets 2018: $10,0692018Assets 2020: $63,109Liabilities 2020: $5,056Net Assets 2020: $58,0532020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities$0
Net Assets$0
Open 2021 Filing

Operations Trend

Revenue Growth85th percentile

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

$300K$200K$100K$0-$100KRevenue 2011: $60,464Expenses 2011: $42,323Net Income 2011: $18,1412011Revenue 2012: $238,182Expenses 2012: $248,045Net Income 2012: -$9,8632012Revenue 2013: $45,290Expenses 2013: $49,587Net Income 2013: -$4,2972013Revenue 2014: $37,170Expenses 2014: $31,714Net Income 2014: $5,4562014Revenue 2015: $40,706Expenses 2015: $44,211Net Income 2015: -$3,5052015Revenue 2016: $48,100Expenses 2016: $51,759Net Income 2016: -$3,6592016Revenue 2017: $40,962Expenses 2017: $45,043Net Income 2017: -$4,0812017Revenue 2018: $62,549Expenses 2018: $71,780Net Income 2018: -$9,2312018Revenue 2020: $58,080Expenses 2020: $17,497Net Income 2020: $40,5832020Revenue 2021: $78,199Expenses 2021: $136,252Net Income 2021: -$58,0532021

Highlighted filing

2021

Revenue$78,199
Expenses$136,252
Net Income-$58,053
Open 2021 Filing

Filings

Most recent year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$78,199
Expenses
$136,252
Net income
-$58,053
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.78$1.36$0.58
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$0.05$0.58$0.58$0.17$0.41
2018Summary only. Only limited summary data is available for this year.$0.10$0.00$0.10$0.63$0.72$0.09
2017Summary only. Only limited summary data is available for this year.$0.19$0.00$0.19$0.41$0.45$0.04
2016Summary only. Only limited summary data is available for this year.$0.23$0.00$0.23$0.48$0.52$0.04
2015Summary only. Only limited summary data is available for this year.$0.27$0.00$0.27$0.41$0.44$0.04
2014Summary only. Only limited summary data is available for this year.$0.31$0.00$0.31$0.37$0.32$0.05
2013Summary only. Only limited summary data is available for this year.$0.25$0.00$0.25$0.45$0.50$0.04
2012Summary only. Only limited summary data is available for this year.$0.29$0.00$0.29$2.38$2.48$0.10
2011Summary only. Only limited summary data is available for this year.$0.39$0.00$0.39$0.60$0.42$0.18
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Feb 9, 2022
Return Version
2020v4.2
Gross Receipts
$78,199
Mission and Program Overview

Mission

Promotion of tourism and economic development

Program Services

DescriptionGrantsExpenses
Publication of Visitor's Guide$0$0
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lyn ArnoldExecutive DirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Tourism Development Foundation of Tunica
EIN
61-1476060
Phone
6623633800
Address
13625 Highway 61 N, Tunica Resorts, MS 38664

Signing Officer

Name
Lyn Arnold
Title
Executive Director
Phone
6623633800
Signed
2022-02-09
Discuss with paid preparer
Yes

Preparer

Firm
McCUNE & BELL CPA's PLLC
Address
5050 Poplar Ave Ste 2030, Memphis, TN 38157
Preparer
JEFFREY S McCUNE CPA CGMA
Phone
9017551351
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8 - Other Revenue

“Description: Expense Reimbursements from Prior Years. Amount: 38,489.”

Form 990-EZ, Part I, Line 16 - Other Expenses

“Description: Bank Fees. Amount: 1,396. Description: Office Expenses. Amount: 174. Description: Miscellaneous . Amount: 4. Description: Conferences, Conventions, Meetings & Travel. Amount: 1,057. Total to Form 990-EZ, line 16: 2,631.”

Form 990-EZ, Part II, Line 24 - Other Assets

“Description: Receivables due from directors. Beg. of Year Amount: 58,398. End of Year Amount: 0.”

Form 990-EZ, Part II, Line 26 - Other Liabilities

“Description: Credit Card Payable. Beg. of Year Amount: 5,056. End of Year Amount: 0.”

Raw XML Appendix130 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Lyn Arnold
IRS990EZ/BooksInCareOfDetail/PhoneNum06623633800
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt013625 Highway 61 N
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Tunica Resorts
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MS
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd038664
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt04711
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt00
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-58053
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt04860
IRS990EZ/FinalReturnInd0X
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt063109
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt0128761
IRS990EZ/GrossReceiptsAmt078199
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt058053
IRS990EZ/NetAssetsOrFundBalancesEOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt058053
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Lyn Arnold
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Executive Director
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd01
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt058398
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt02631
IRS990EZ/OtherRevenueTotalAmt038489
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Promotion of tourism and economic development
IRS990EZ/ProgramServiceRevenueAmt039710
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Publication of Visitor's Guide
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MS
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt05056
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt0136252
IRS990EZ/TotalRevenueAmt078199
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd01
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0The only asset of the Foundation was the cash funds remaining in its operating bank account.
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0Tunica County Tourism CommissionConvention and Visitors Bureau
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02021-09-30
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt0128761
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0Governmental entity
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0Cash
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt013625 US Highway 61 North
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0Tunica Resorts
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0MS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd038664
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0The organization did not have any bond liabilities.
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt1The Board of Directors approved the termination of the entity effective September 30, 2021. The balance of any remaining funds was distributed to the Tunica County Tourism Commission/Convention and Visitors Bureau in accordance with the organization's articles of incorporation filed with the State of Mississippi on or about October 7, 2004. The Tunica County Tourism Commission is a political subdivison of Tunica County, Mississippi. The Tunica County Tourism Commission/Convention and Visitors Bureau will take over the responsibility of the publication of the Visitor's Guide, previously administered by the Tourisim Foundation of Tunica. Other than the cash that was transferred, the Foundation had no other assets.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 6c:
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 EZ, Schedule N, Line 1 (a)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: Expense Reimbursements from Prior Years. Amount: 38,489.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: Bank Fees. Amount: 1,396. Description: Office Expenses. Amount: 174. Description: Miscellaneous . Amount: 4. Description: Conferences, Conventions, Meetings & Travel. Amount: 1,057. Total to Form 990-EZ, line 16: 2,631.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: Receivables due from directors. Beg. of Year Amount: 58,398. End of Year Amount: 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: Credit Card Payable. Beg. of Year Amount: 5,056. End of Year Amount: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8 - Other Revenue
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 24 - Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 26 - Other Liabilities
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Lyn Arnold
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum06623633800
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-02-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Tourism Development Foundation of Tunica
ReturnHeader/Filer/BusinessNameControlTxt0TOUR
ReturnHeader/Filer/EIN0611476060
ReturnHeader/Filer/PhoneNum06623633800
ReturnHeader/Filer/USAddress/AddressLine1Txt013625 Highway 61 N
ReturnHeader/Filer/USAddress/CityNm0Tunica Resorts
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd038664
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0452960573
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0McCUNE & BELL CPA's PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05050 Poplar Ave Ste 2030
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Memphis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd038157
ReturnHeader/PreparerPersonGrp/PhoneNum09017551351
ReturnHeader/PreparerPersonGrp/PreparationDt02022-02-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY S McCUNE CPA CGMA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-02-09T15:50:55-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Lyn
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Arnold
ReturnHeader/TaxPeriodBeginDt02020-10-01
ReturnHeader/TaxPeriodEndDt02021-09-30
ReturnHeader/TaxYr02020

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