Civic Intelligence

Anderson County Economic Development Association

990 • Fiscal year 2014 • EIN 62-0718526

Jul 01, 2013 to Jun 30, 2014 • Filed on Aug 06, 2014

245 North Main Street37716

(865) 457-1785

Siviq Scores

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

Liabilities / Assets

77th percentile

0.16x

Higher debt load relative to assets than 77% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

75th percentile

0.08x

Higher debt load relative to revenue than 75% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Net Margin

68th percentile

9.9%

Higher net margin than 68% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Top Officer Pay

68th percentile

$0

Higher top officer pay than 68% of similar nonprofits.

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

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Asset Growth

90th percentile

50%

Faster asset growth than 90% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

83rd percentile

25%

Faster revenue growth than 83% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$125,132

Up $41,632 (+50%) from 2013

Net Assets

$105,616

No earlier filing loaded for comparison.

Liabilities

Up

$19,516

Up $17,727 (+991%) from 2013

Revenue

Up

$240,580

Up $48,852 (+25%) from 2013

Expenses

Up

$216,675

Up $49,320 (+29%) from 2013

Net Income

Down

$23,905

Down $468 (-1.9%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $20,934Liabilities 2011: $140Net Assets 2011: $20,7942011Assets 2012: $59,311Liabilities 2012: $184Net Assets 2012: $59,1272012Assets 2013: $83,500Liabilities 2013: $1,7892013Assets 2014: $125,132Liabilities 2014: $19,516Net Assets 2014: $105,6162014Assets 2015: $1,227,806Liabilities 2015: $1,077,965Net Assets 2015: $149,8412015Assets 2016: $195,014Liabilities 2016: $12,265Net Assets 2016: $182,7492016Assets 2017: $229,425Liabilities 2017: $3,137Net Assets 2017: $226,2882017Assets 2018: $169,886Liabilities 2018: $2,375Net Assets 2018: $167,5112018Assets 2019: $175,271Liabilities 2019: $0Net Assets 2019: $175,2712019Assets 2020: $212,177Liabilities 2020: $0Net Assets 2020: $212,1772020Assets 2021: $239,254Liabilities 2021: $393Net Assets 2021: $238,8612021Assets 2023: $394,516Liabilities 2023: $5,663Net Assets 2023: $388,8532023Assets 2024: $495,855Liabilities 2024: $20,597Net Assets 2024: $475,2582024

Highlighted filing

2014

Assets$125,132
Liabilities$19,516
Net Assets$105,616

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $165,451Expenses 2011: $170,897Net Income 2011: -$5,4462011Revenue 2012: $183,200Expenses 2012: $144,867Net Income 2012: $38,3332012Revenue 2013: $191,728Expenses 2013: $167,355Net Income 2013: $24,3732013Revenue 2014: $240,580Expenses 2014: $216,675Net Income 2014: $23,9052014Revenue 2015: $5,192,790Expenses 2015: $5,160,561Net Income 2015: $32,2292015Revenue 2016: $712,076Expenses 2016: $702,626Net Income 2016: $9,4502016Revenue 2017: $505,696Expenses 2017: $485,130Net Income 2017: $20,5662017Revenue 2018: $218,759Expenses 2018: $199,051Net Income 2018: $19,7082018Revenue 2019: $223,502Expenses 2019: $215,742Net Income 2019: $7,7602019Revenue 2020: $239,731Expenses 2020: $202,825Net Income 2020: $36,9062020Revenue 2021: $190,313Expenses 2021: $163,629Net Income 2021: $26,6842021Revenue 2023: $4,813,342Expenses 2023: $4,697,295Net Income 2023: $116,0472023Revenue 2024: $716,691Expenses 2024: $630,286Net Income 2024: $86,4052024

Highlighted filing

2014

Revenue$240,580
Expenses$216,675
Net Income$23,905
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Aug 6, 2014
Return Version
2013v3.1
Gross Receipts
$240,580
Mission and Program Overview

Mission

Industrial development prospects

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$82,821$68,735▼ $14,086
Accounts Receivable$12$48,340▲ $48,328
Prepaid Expenses and Deferred Charges-$7,508-
Land, Buildings, and Equipment, Net$667$549▼ $118
Total Assets$83,500$125,132▲ $41,632
Liabilities
Accounts Payable and Accrued Expenses$1,789$19,516▲ $17,727
Total Liabilities$1,789$19,516▲ $17,727
Net Assets / Fund Balance
Unrestricted Net Assets$81,711$105,616▲ $23,905
Total Net Assets Fund Balance$81,711$105,616▲ $23,905
Total Liabilities and Net Assets / Fund Balance$83,500$125,132▲ $41,632

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$549$9,927$10,476
Compensation and Service Providers

Board Members and Trustees

NameTitle
Greg FayChairman
Tim ThompsonPresident
Jerry ShattuckVice Chairman
Allen TadlockBoard Member
Bear StephensonBoard Member
Bob JamisonBoard Member
Cathy BrownBoard Member
City Manager Mark WatsonBoard Member
City Manager Roger HouckBoard Member
City Manager Tim HesterBoard Member
City Manager Tina TreeceBoard Member
Dominic GiulianoBoard Member
George HortonBoard Member
Jack BlackBoard Member
Jackie NicholsBoard Member
Jerry WhiteBoard Member
Joe RaineyBoard Member
Karen CruthfieldBoard Member
Mayor Chris HeplerBoard Member
Mayor Chris MitchellBoard Member
Mayor Scott BurtonBoard Member
Mayor Terry FrankBoard Member
Mayor Tim SharpBoard Member
Mayor Tom BeehanBoard Member
Parker HardyBoard Member
Richard DawsonBoard Member
Rick ChinnBoard Member
Rick MeredithBoard Member
Robert BairdBoard Member
Terry CrazeBoard Member
Tim IsbelBoard Member
Von EvansBoard Member
Leonard AbbatielloTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$240,398
Program Service Revenue
$0
Investment Income
$35
Other Revenue
$147
Change in Net Assets
$23,905

Audited Revenue Reconciliation

Revenue per Audited Statements
$240,580
Total Revenue per Audited Statements
$240,580
Total Revenue per Form 990
$240,580
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$128,130
Other Expenses$88,545
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$93,150$10,350-$103,500
Fees for Services Other$57,704$2,020-$59,724
Pension Plan Contributions$13,620$1,513-$15,133
Payroll Taxes$7,198$799-$7,997
Occupancy$4,832$537-$5,369
Insurance$954$3,738-$4,692
Office Expenses$3,573$396-$3,969
Conferences and Meetings$2,421--$2,421
Other Employee Benefits$1,350$150-$1,500
Fees for Services Accounting-$1,400-$1,400
Travel$1,236--$1,236
Advertising$485--$485
Information Technology-$349-$349
Other Expenses$197--$197
Depreciation Depletion-$118-$118
Total Functional Expenses$195,305$21,370$0$216,675

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$216,675
Total Expenses per Audited Statements$216,675
Total Expenses per Form 990$216,675
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
In-house lobbying only
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
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 governing body review Part VI line 11

A copy of the 990 tax return was sent to the governing body for review before it was filed with the irs.

Conflict of interest policy compliance Part VI line 12C

Board oversees any conflict which may arise within organization.

CEO executive director top management comp Part VI line 15A

Organization used comparible date to determine compensation.

Other officer or key employee compensation Part VI line 15B

Organization used comparible date to determine compensation.

Governing documents etc available to public Part VI line 19

Any documentation is available to the general public upon request.

Filing and Contact Details

Filer

EIN
62-0718526

Signing Officer

Name
Tim Thompson
Title
President
Phone
8654571785
Signed
2014-08-06
Discuss with paid preparer
No

Organization Details

Principal Officer
Greg Fay
Formed
1964
Legal Domicile
Tn
Voting Board Members
0
Independent Board Members
0
Employees
1

Preparer

Preparer
Dale C Isabell CPA
Phone
8654572411
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

Other professional fees stem from an out of the ordinary expense that is not usual to the organization.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm12MAYOR TOM BEEHAN
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IRS990/Form990PartVIISectionAGrp/PersonNm14CITY MANAGER MARK WATSON
IRS990/Form990PartVIISectionAGrp/PersonNm15JACKIE NICHOLS
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IRS990/Form990PartVIISectionAGrp/PersonNm18DOMINIC GIULIANO
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IRS990/Form990PartVIISectionAGrp/PersonNm31LEONARD ABBATIELLO
IRS990/Form990PartVIISectionAGrp/PersonNm32TIM THOMPSON
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.50$0.02$0.48$0.72$0.63$0.09
2023Detailed filing. Detailed filing data is available for this year.$0.39$0.01$0.39$4.81$4.70$0.12
2021Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.24$0.19$0.16$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$0.24$0.20$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.22$0.22$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$0.22$0.20$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$0.51$0.49$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.20$0.01$0.18$0.71$0.70$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.23$1.08$0.15$5.19$5.16$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.13$0.02$0.11$0.24$0.22$0.02
2013Summary only. Only limited summary data is available for this year.$0.08$0.00$0.19$0.17$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.00$0.06$0.18$0.14$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.00$0.02$0.17$0.17$0.01