Civic Intelligence

Wiregrass Economic Development Corporation

990 • Fiscal year 2018 • EIN 63-1113305

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 28, 2019

Organization ProfileWWW.ECONOMIC-DEV.COM
PO Box 310130Enterprise, AL 36331

(334) 393-4769

Siviq Scores

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

Liabilities / Assets

36th percentile

0.02x

Higher debt load relative to assets than 36% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

41st percentile

0.03x

Higher debt load relative to revenue than 41% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Net Margin

95th percentile

35%

Higher net margin than 95% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

87th percentile

29%

Faster asset growth than 87% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

96th percentile

69%

Faster revenue growth than 96% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets36th percentile

Assets

Up

$802,821

Up $182,485 (+29%) from 2017

Net Assets

Up

$788,125

Up $177,050 (+29%) from 2017

Liabilities

Up

$14,696

Up $5,435 (+59%) from 2017

Revenue And Expenses
Liabilities / Revenue41st percentileNet Margin95th percentile

Revenue

Up

$505,041

Up $205,573 (+69%) from 2017

Expenses

Up

$327,991

Up $72,205 (+28%) from 2017

Net Income

Up

$177,050

Up $133,368 (+305%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth87th percentile

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

$1.5M$1.0M$500K$0Assets 2010: $431,801Liabilities 2010: $6,799Net Assets 2010: $425,0022010Assets 2011: $410,936Liabilities 2011: $7,422Net Assets 2011: $403,5142011Assets 2012: $416,403Liabilities 2012: $9,324Net Assets 2012: $407,0792012Assets 2013: $430,003Liabilities 2013: $42,943Net Assets 2013: $387,0602013Assets 2014: $457,183Liabilities 2014: $38,347Net Assets 2014: $418,8362014Assets 2015: $481,644Liabilities 2015: $34,348Net Assets 2015: $447,2962015Assets 2016: $578,098Liabilities 2016: $10,705Net Assets 2016: $567,3932016Assets 2017: $620,336Liabilities 2017: $9,261Net Assets 2017: $611,0752017Assets 2018: $802,821Liabilities 2018: $14,696Net Assets 2018: $788,1252018Assets 2019: $808,280Liabilities 2019: $39,715Net Assets 2019: $768,5652019Assets 2020: $894,163Liabilities 2020: $16,085Net Assets 2020: $878,0782020Assets 2021: $987,523Liabilities 2021: $13,625Net Assets 2021: $973,8982021Assets 2022: $1,008,357Liabilities 2022: $12,381Net Assets 2022: $995,9762022Assets 2023: $930,957Liabilities 2023: $13,737Net Assets 2023: $917,2202023Assets 2024: $955,124Liabilities 2024: $30,844Net Assets 2024: $924,2802024

Highlighted filing

2018

Assets$802,821
Liabilities$14,696
Net Assets$788,125
Open 2018 Filing

Operations Trend

Revenue Growth96th percentile

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

$600K$400K$200K$0-$200KRevenue 2010: $222,535Expenses 2010: $214,314Net Income 2010: $8,2212010Expenses 2011: $209,3272011Revenue 2012: $189,526Expenses 2012: $185,961Net Income 2012: $3,5652012Revenue 2013: $219,651Expenses 2013: $239,670Net Income 2013: -$20,0192013Revenue 2014: $285,508Expenses 2014: $248,102Net Income 2014: $37,4062014Revenue 2015: $248,663Expenses 2015: $220,203Net Income 2015: $28,4602015Revenue 2016: $325,664Expenses 2016: $205,567Net Income 2016: $120,0972016Revenue 2017: $299,468Expenses 2017: $255,786Net Income 2017: $43,6822017Revenue 2018: $505,041Expenses 2018: $327,991Net Income 2018: $177,0502018Revenue 2019: $557,581Expenses 2019: $537,353Net Income 2019: $20,2282019Revenue 2020: $512,644Expenses 2020: $403,131Net Income 2020: $109,5132020Revenue 2021: $479,607Expenses 2021: $383,787Net Income 2021: $95,8202021Revenue 2022: $445,491Expenses 2022: $423,414Net Income 2022: $22,0772022Revenue 2023: $377,146Expenses 2023: $455,903Net Income 2023: -$78,7572023Revenue 2024: $461,612Expenses 2024: $454,554Net Income 2024: $7,0582024

Highlighted filing

2018

Revenue$505,041
Expenses$327,991
Net Income$177,050
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 28, 2019
Return Version
2018v3.1
Gross Receipts
$505,041
Mission and Program Overview

Mission

To promote commercial and industrial growth and prosperity for the city of enterprise, coffee county and geneva county, alabama. The board will pursue a program which includes, but is not limited to: (1) establish and maintain a support and retention program for existing business and industry; (2) work to maintain a high per capita income and create jobs that pay above the average wage rates for southeast alabama; (3) recruit new manufacturing and service sector jobs for our market area; (4) work to increase retail sales within our trade area on an annual basis; and, all other areas deemed necessary to promote economic development in southeast alabama.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$375,599$570,084▲ $194,485
Pledges and Grants Receivable$233,148$219,073▼ $14,075
Land, Buildings, and Equipment, Net$11,435$9,340▼ $2,095
Prepaid Expenses and Deferred Charges$154$154→ $0
Total Assets$620,336$802,821▲ $182,485
Other Assets Total$0$4,170▲ $4,170
Liabilities
Accounts Payable and Accrued Expenses$9,261$14,696▲ $5,435
Total Liabilities$9,261$14,696▲ $5,435
Net Assets / Fund Balance
Unrestricted Net Assets$611,075$688,125▲ $77,050
Temporarily Rstr Net Assets$0$100,000▲ $100,000
Total Net Assets Fund Balance$611,075$788,125▲ $177,050
Total Liabilities and Net Assets / Fund Balance$620,336$802,821▲ $182,485

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$9,340$42,481$51,821
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Jonathan TullosExecutive DirectorFT$80,250$80,250

Board Members and Trustees

NameTitle
Jacob CowenChairman
David HayesPast Chairman
Trent DillardVice Chairman
Billy G CotterBoard Member
Chad RichburgBoard Member
Chris MccollumBoard Member
Chuck SeitzBoard Member
Frankie LindseyBoard Member
Jack E BrunsonBoard Member
Jeff SorrellsBoard Member
Jimmy JonesBoard Member
John L Mitchell JrBoard Member
Kelly JonesBoard Member
Les MorelandBoard Member
Matt RodgersBoard Member
Mickey MurdockBoard Member
O'NEAL BOSWELLBoard Member
Sandy HammerBoard Member
Scott DavidsonBoard Member
Suzanne WoodsBoard Member
Terry BarnesBoard Member
William CooperBoard Member
Philip WilkesSecretary
Steve MckinnonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$289,009
Program Service Revenue
$0
Investment Income
$1,032
Other Revenue
$215,000
All Other Contributions
$111,175
Change in Net Assets
$177,050
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$175,230
Salaries, Compensation, and Employee Benefits$152,761
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$60,188$20,063-$80,251
Other Salaries and Wages$34,253$11,418-$45,671
Advertising$37,073--$37,073
Travel$27,855$3,334-$31,189
Payroll Taxes$11,043$3,681-$14,724
Office Expenses$301$11,902-$12,203
Other Employee Benefits$9,086$3,029-$12,115
Occupancy-$9,945-$9,945
All Other Expenses-$5,096-$5,096
Other Expenses$4,347$8,250-$4,347
Fees for Services Other-$3,500-$3,500
Conferences and Meetings$2,354--$2,354
Depreciation Depletion-$2,095-$2,095
Total Functional Expenses$237,289$90,702$0$327,991
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
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
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, Part VI, Section B, Line 11B

“A copy of the form 990 is provided to the board of directors who reviews the return for completeness and accuracy. The board compares information reported on the return with the financial statements.”

Form 990, Part VI, Section C, Line 19

“Documents are provided upon request”

Filing and Contact Details

Filer

Filer Name
Wiregrass Economic Development
EIN
63-1113305
Phone
3343934769
Address
PO BOX 310130, ENTERPRISE, AL 36331

Signing Officer

Name
Jacob Cowen
Title
Chariman
Phone
3347703328
Signed
2019-10-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Hayes
Formed
1994
Legal Domicile
Al
Voting Board Members
24
Independent Board Members
24
Employees
2
Volunteers
24

Preparer

Firm
Carr Riggs & Ingram LLC
Address
1117 BOLL WEEVIL CIRCLE, ENTERPRISE, AL 36330
Preparer
Hilton Galloway
Phone
3343470088
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The organization is a nonprofit corporation that is exempt from income taxes under section 501(c)(6) of the internal revenue code and is classified as an other-than-private foundation. The organization adopted the provisions of fasb asc topic 740 income taxes, on january 1, 2010. This topic requires, among other things, the organization to assess uncertain tax positions and the likelihood that such positions will be upheld by applicable taxing authorities. For the purposes of taxation, the organization is considered an exempt entity and management has determined that the organization's tax status is not in jeopardy at december 31, 2018. As such, a provision for income taxes has not been provided. The organization believes that it has appropriate support for the income tax positions taken and to be taken on its tax returns and that its accruals for tax liabilities are adequate for all open tax years (after 2013 for federal and state) based on an assessment of many factors including experience and interpretations of tax laws applied to the facts of each matter. The organization has concluded that there are no significant uncertain tax positions requiring disclosure, and there are no material amounts of unrecognized tax benefits.”

Raw XML AppendixShowing 400 of 477 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.

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IRS990/ActivityOrMissionDesc0TO PROMOTE COMMERCIAL AND INDUSTRIAL GROWTH AND PROSPERITY FOR THE CITY OF ENTERPRISE, COFFEE COUNTY AND GENEVA COUNTY, ALABAMA. THE BOARD WILL PURSUE A PROGRAM WHICH INCLUDES, BUT IS NOT LIMITED TO: (1) ESTABLISH AND MAINTAIN A SUPPORT AND RETENTION PROGRAM FOR EXISTING BUSINESS AND INDUSTRY; (2) WORK TO MAINTAIN A HIGH PER CAPITA INCOME AND CREATE JOBS THAT PAY ABOVE THE AVERAGE WAGE RATES FOR SOUTHEAST ALABAMA; (3) RECRUIT NEW MANUFACTURING AND SERVICE SECTOR JOBS FOR OUR MARKET AREA; (4) WORK TO INCREASE RETAIL SALES WITHIN OUR TRADE AREA ON AN ANNUAL BASIS; AND, ALL OTHER AREAS DEEMED NECESSARY TO PROMOTE ECONOMIC DEVELOPMENT IN SOUTHEAST ALABAMA.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7PAST CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt20VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt22BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt23BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt24EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01994
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
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IRS990/GovernmentGrantsAmt0177834
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0505041
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
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IRS990/IndivRcvdGreaterThan100KCnt00
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IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipCostOrOtherBssAmt051821
IRS990/LegalDomicileStateCd0AL
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROMOTE COMMERCIAL AND INDUSTRIAL GROWTH AND PROSPERITY FOR THE CITY OF ENTERPRISE, COFFEE COUNTY AND GENEVA COUNTY, ALABAMA. THE BOARD WILL PURSUE A PROGRAM WHICH INCLUDES, BUT IS NOT LIMITED TO: (1) ESTABLISH AND MAINTAIN A SUPPORT AND RETENTION PROGRAM FOR EXISTING BUSINESS AND INDUSTRY; (2) WORK TO MAINTAIN A HIGH PER CAPITA INCOME AND CREATE JOBS THAT PAY ABOVE THE AVERAGE WAGE RATES FOR SOUTHEAST ALABAMA; (3) RECRUIT NEW MANUFACTURING AND SERVICE SECTOR JOBS FOR OUR MARKET AREA; (4) WORK TO INCREASE RETAIL SALES WITHIN OUR TRADE AREA ON AN ANNUAL BASIS; AND, ALL OTHER AREAS DEEMED NECESSARY TO PROMOTE ECONOMIC DEVELOPMENT IN SOUTHEAST ALABAMA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0611075
IRS990/NetAssetsOrFundBalancesEOYAmt0788125
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt09945
IRS990/OccupancyGrp/TotalAmt09945
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011902
IRS990/OfficeExpensesGrp/ProgramServicesAmt0301
IRS990/OfficeExpensesGrp/TotalAmt012203
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt04170
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03029
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt09086
IRS990/OtherEmployeeBenefitsGrp/TotalAmt012115
IRS990/OtherExpensesGrp/Desc0CONTRACTUAL
IRS990/OtherExpensesGrp/Desc1BICENTENNIAL EXPENSES
IRS990/OtherExpensesGrp/Desc2BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc3ENTERTAINMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08389
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt18250
IRS990/OtherExpensesGrp/ProgramServicesAmt041100
IRS990/OtherExpensesGrp/ProgramServicesAmt19689
IRS990/OtherExpensesGrp/ProgramServicesAmt24347
IRS990/OtherExpensesGrp/TotalAmt049489
IRS990/OtherExpensesGrp/TotalAmt19689
IRS990/OtherExpensesGrp/TotalAmt28250
IRS990/OtherExpensesGrp/TotalAmt34347
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0215000
IRS990/OtherRevenueTotalAmt0215000
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt011418
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt034253
IRS990/OtherSalariesAndWagesGrp/TotalAmt045671
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03681
IRS990/PayrollTaxesGrp/ProgramServicesAmt011043
IRS990/PayrollTaxesGrp/TotalAmt014724
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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0219073
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0154
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0154
IRS990/PrincipalOfficerNm0DAVID HAYES
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0BUSINESS RETENTION AND SUPPORT
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IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
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IRS990/PYGrantsAndSimilarPaidAmt00
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IRS990/PYOtherRevenueAmt027902
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt043682
IRS990/PYSalariesCompEmpBnftPaidAmt0127370
IRS990/PYTotalExpensesAmt0255786
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0299468
IRS990/ReconcilationRevenueExpnssAmt0177050
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
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IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
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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/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt09340
IRS990ScheduleD/EquipmentGrp/DepreciationAmt042481
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt051821
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A NONPROFIT CORPORATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED AS AN OTHER-THAN-PRIVATE FOUNDATION. THE ORGANIZATION ADOPTED THE PROVISIONS OF FASB ASC TOPIC 740 INCOME TAXES, ON JANUARY 1, 2010. THIS TOPIC REQUIRES, AMONG OTHER THINGS, THE ORGANIZATION TO ASSESS UNCERTAIN TAX POSITIONS AND THE LIKELIHOOD THAT SUCH POSITIONS WILL BE UPHELD BY APPLICABLE TAXING AUTHORITIES. FOR THE PURPOSES OF TAXATION, THE ORGANIZATION IS CONSIDERED AN EXEMPT ENTITY AND MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION'S TAX STATUS IS NOT IN JEOPARDY AT DECEMBER 31, 2018. AS SUCH, A PROVISION FOR INCOME TAXES HAS NOT BEEN PROVIDED. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR THE INCOME TAX POSITIONS TAKEN AND TO BE TAKEN ON ITS TAX RETURNS AND THAT ITS ACCRUALS FOR TAX LIABILITIES ARE ADEQUATE FOR ALL OPEN TAX YEARS (AFTER 2013 FOR FEDERAL AND STATE) BASED ON AN ASSESSMENT OF MANY FACTORS INCLUDING EXPERIENCE AND INTERPRETATIONS OF TAX LAWS APPLIED TO THE FACTS OF EACH MATTER. THE ORGANIZATION HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING DISCLOSURE, AND THERE ARE NO MATERIAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09340
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS WHO REVIEWS THE RETURN FOR COMPLETENESS AND ACCURACY. THE BOARD COMPARES INFORMATION REPORTED ON THE RETURN WITH THE FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS ARE PROVIDED UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0AL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0100000
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0620336
IRS990/TotalAssetsEOYAmt0802821
IRS990/TotalAssetsGrp/BOYAmt0620336
IRS990/TotalAssetsGrp/EOYAmt0802821

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$802,821
Liabilities
$14,696
Net assets
$788,125
Revenue
$505,041
Expenses
$327,991
Net income
$177,050
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.03$0.92$0.46$0.45$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.93$0.01$0.92$0.38$0.46$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.01$0.01$1.00$0.45$0.42$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.99$0.01$0.97$0.48$0.38$0.10
2020Detailed filing. Detailed filing data is available for this year.$0.89$0.02$0.88$0.51$0.40$0.11
2019Detailed filing. Detailed filing data is available for this year.$0.81$0.04$0.77$0.56$0.54$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.80$0.01$0.79$0.51$0.33$0.18
2017Detailed filing. Detailed filing data is available for this year.$0.62$0.01$0.61$0.30$0.26$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.58$0.01$0.57$0.33$0.21$0.12
2015Detailed filing. Detailed filing data is available for this year.$0.48$0.03$0.45$0.25$0.22$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.46$0.04$0.42$0.29$0.25$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.43$0.04$0.39$0.22$0.24$0.02
2012Summary only. Only limited summary data is available for this year.$0.42$0.01$0.41$0.19$0.19$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.01$0.40$0.21
2010Summary only. Only limited summary data is available for this year.$0.43$0.01$0.43$0.22$0.21$0.01