Civic Intelligence

Kentucky Mining Institute

990EZ • Fiscal year 2019 • EIN 61-6027554

Jan 01, 2019 to Dec 31, 2019 • Filed on Aug 03, 2020

1068 Taborlake DrLexington, KY 40502

(859) 494-1621

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

Higher debt load relative to assets than 49% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

49th percentile

0.00x

Higher debt load relative to revenue than 49% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Net Margin

24th percentile

-9.0%

Higher net margin than 24% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Top Officer Pay

71st percentile

$0

Higher top officer pay than 71% of similar nonprofits.

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

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Asset Growth

31st percentile

-6.9%

Faster asset growth than 31% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

75th percentile

15%

Faster revenue growth than 75% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$80,284

Down $5,988 (-6.9%) from 2018

Net Assets

Down

$80,178

Down $5,901 (-6.9%) from 2018

Liabilities

Down

$106

Down $87 (-45%) from 2018

Revenue

Up

$65,717

Up $8,651 (+15%) from 2018

Expenses

Up

$71,618

Up $35,223 (+97%) from 2018

Net Income

Down

-$5,901

Down $26,572 (-129%) from 2018

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $205,417Liabilities 2011: $112Net Assets 2011: $205,3052011Assets 2012: $193,808Liabilities 2012: $9Net Assets 2012: $193,7992012Assets 2013: $79,883Liabilities 2013: $27Net Assets 2013: $79,8562013Assets 2014: $78,879Liabilities 2014: $0Net Assets 2014: $78,8792014Assets 2015: $74,111Liabilities 2015: $13Net Assets 2015: $74,0982015Assets 2016: $73,222Liabilities 2016: $13Net Assets 2016: $73,2092016Assets 2017: $65,439Liabilities 2017: $31Net Assets 2017: $65,4082017Assets 2018: $86,272Liabilities 2018: $193Net Assets 2018: $86,0792018Assets 2019: $80,284Liabilities 2019: $106Net Assets 2019: $80,1782019Assets 2020: $42,484Liabilities 2020: $0Net Assets 2020: $42,4842020Assets 2023: $78,865Liabilities 2023: $0Net Assets 2023: $78,8652023Assets 2024: $86,674Net Assets 2024: $86,6742024

Highlighted filing

2019

Assets$80,284
Liabilities$106
Net Assets$80,178

Operations Trend

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

$300K$200K$100K$0-$100K-$200KRevenue 2011: $148,130Expenses 2011: $30,445Net Income 2011: $117,6852011Revenue 2012: $149,251Expenses 2012: $160,757Net Income 2012: -$11,5062012Revenue 2013: $148,270Expenses 2013: $262,213Net Income 2013: -$113,9432013Revenue 2014: $122,430Expenses 2014: $123,407Net Income 2014: -$9772014Revenue 2015: $96,173Expenses 2015: $100,954Net Income 2015: -$4,7812015Revenue 2016: $2,064Expenses 2016: $2,953Net Income 2016: -$8892016Revenue 2017: $31,056Expenses 2017: $38,857Net Income 2017: -$7,8012017Revenue 2018: $57,066Expenses 2018: $36,395Net Income 2018: $20,6712018Revenue 2019: $65,717Expenses 2019: $71,618Net Income 2019: -$5,9012019Revenue 2020: $2,186Expenses 2020: $39,880Net Income 2020: -$37,6942020Revenue 2023: $208,867Expenses 2023: $167,556Net Income 2023: $41,3112023Revenue 2024: $175,243Expenses 2024: $167,434Net Income 2024: $7,8092024

Highlighted filing

2019

Revenue$65,717
Expenses$71,618
Net Income-$5,901
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Aug 3, 2020
Return Version
2019v5.1
Gross Receipts
$69,968
Mission and Program Overview

Mission

Advancement of mining industry by promoting study of mining problems to promote education and safety in mining.

Program Services

DescriptionGrantsExpenses
PROMOTE MINE SAFETY & EDUCATION THROUGH MEETINGS/MINE SAFETY CONTESTS AND PUBLICATIONS.$0$66,821
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
FREDDIE LEWISPresident-$0--
CATHY FRAZIERSecretary-$0--
TED BECK IIIDirector-$0--
BUDDY HOWARDDirector-$0--
RONNIE BIGGERSTAFFDirector-$0--
PARIS CHARLESDirector-$0--
KEITH WHITEHOUSEDirector-$0--
MIKE HURLYDirector-$0--
KEITH MCCOYDirector-$0--
LEWIS MCCOYDirector-$0--
KEVIN VAUGHNDirector-$0--
PATRICK SCHOOLCRAFTDirector-$0--
Filing and Contact Details

Filer

Filer Name
Kentucky Mining Institute
EIN
61-6027554
Phone
8594941621
Address
1068 TABORLAKE DR, LEXINGTON, KY 40502

Signing Officer

Name
Cathy Frazier
Title
Secretary
Phone
8594941621
Signed
2020-08-03
Discuss with paid preparer
Yes

Preparer

Firm
Kring Ray Farley & Riddle Psc
Address
444 EAST MAIN STREET STE 203, LEXINGTON, KY 40507
Preparer
E Hunt Ray Iii
Phone
8592310541
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest. Amount: 4.

Form 990-ez, Part I, Line 7 - Sales of Inventory

Income: gross receipts: 1,777. Returns and allowances: 0. Less cost of goods sold: 4,251. Gross profit: -2,474. Cost of goods sold: inventory at beginning of year: 9,827. Merchandise purchased: 4,111. Cost of labor: 0. Materials and supplies: 0. Other costs: 0. Inventory at end of year: 9,687. Cost of goods sold: 4,251.

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

Description: sponsors. Amount: 10,054. Description: banquet. Amount: 2,146. Description: miscellaneous. Amount: 5,147. Total to form 990-ez, line 8: 17,347.

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

Description: office expense. Amount: 4,264. Description: contest/meeting expense. Amount: 66,264. Description: taxes & licenses. Amount: 359. Description: postage. Amount: 21. Description: bank charges. Amount: 53. Description: banquet expense. Amount: 557. Description: donations. Amount: 100. Total to form 990-ez, line 16: 71,618.

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

Description: inventory. Beg. Of year amount: 9,827. End of year amount: 9,687.

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

Description: sales tax payable. Beg. Of year amount: 193. End of year amount: 106.

Raw XML Appendix180 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0FREDDIE LEWIS
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
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IRS990EZ/OtherRevenueTotalAmt017347
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0ADVANCEMENT OF MINING INDUSTRY BY PROMOTING STUDY OF MINING PROBLEMS TO PROMOTE EDUCATION AND SAFETY IN MINING.
IRS990EZ/ProgramServiceRevenueAmt050840
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROMOTE MINE SAFETY & EDUCATION THROUGH MEETINGS/MINE SAFETY CONTESTS AND PUBLICATIONS.
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IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
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IRS990EZ/StatesWhereCopyOfReturnIsFldCd0KY
IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST. AMOUNT: 4.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INCOME: GROSS RECEIPTS: 1,777. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 4,251. GROSS PROFIT: -2,474. COST OF GOODS SOLD: INVENTORY AT BEGINNING OF YEAR: 9,827. MERCHANDISE PURCHASED: 4,111. COST OF LABOR: 0. MATERIALS AND SUPPLIES: 0. OTHER COSTS: 0. INVENTORY AT END OF YEAR: 9,687. COST OF GOODS SOLD: 4,251.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: SPONSORS. AMOUNT: 10,054. DESCRIPTION: BANQUET. AMOUNT: 2,146. DESCRIPTION: MISCELLANEOUS. AMOUNT: 5,147. TOTAL TO FORM 990-EZ, LINE 8: 17,347.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: OFFICE EXPENSE. AMOUNT: 4,264. DESCRIPTION: CONTEST/MEETING EXPENSE. AMOUNT: 66,264. DESCRIPTION: TAXES & LICENSES. AMOUNT: 359. DESCRIPTION: POSTAGE. AMOUNT: 21. DESCRIPTION: BANK CHARGES. AMOUNT: 53. DESCRIPTION: BANQUET EXPENSE. AMOUNT: 557. DESCRIPTION: DONATIONS. AMOUNT: 100. TOTAL TO FORM 990-EZ, LINE 16: 71,618.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: INVENTORY. BEG. OF YEAR AMOUNT: 9,827. END OF YEAR AMOUNT: 9,687.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION: SALES TAX PAYABLE. BEG. OF YEAR AMOUNT: 193. END OF YEAR AMOUNT: 106.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 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/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CATHY FRAZIER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum08594941621
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-08-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KENTUCKY MINING INSTITUTE
ReturnHeader/Filer/BusinessNameControlTxt0KENT
ReturnHeader/Filer/EIN0616027554
ReturnHeader/Filer/PhoneNum08594941621
ReturnHeader/Filer/USAddress/AddressLine1Txt01068 TABORLAKE DR
ReturnHeader/Filer/USAddress/CityNm0LEXINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040502
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0CFE1A01CF35213FB437E3E14D05E7CDEADB6D57D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0CFE1A01CF35213FB437E3E14D05E7CDEADB6D57D
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0162.221.217.9
ReturnHeader/FilingSecurityInformation/IPDt02020-08-03
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm017:42:38
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0611015031
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KRING RAY FARLEY & RIDDLE PSC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0444 EAST MAIN STREET STE 203
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LEXINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd040507
ReturnHeader/PreparerPersonGrp/PhoneNum08592310541
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0E HUNT RAY III
ReturnHeader/ReturnTs02020-10-30T09:42:37-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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Filings