Civic Intelligence

Historic Desoto Foundation

990EZ • Fiscal year 2017 • EIN 64-0688913

Jan 01, 2017 to Dec 31, 2017 • Filed on Feb 08, 2019

PO Box 866Hernando, MS 38632

(901) 647-8714

Siviq Scores

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

Liabilities / Assets

65th percentile

0.02x

Higher debt load relative to assets than 65% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

77th percentile

0.05x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

68th percentile

13%

Higher net margin than 68% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

97th percentile

$77,209

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 52.3% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

54th percentile

4.7%

Faster asset growth than 54% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

75th percentile

23%

Faster revenue growth than 75% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$478,694

Up $21,701 (+4.7%) from 2016

Net Assets

Up

$471,049

Up $18,957 (+4.2%) from 2016

Liabilities

Up

$7,645

Up $2,744 (+56%) from 2016

Revenue

Up

$147,650

Up $28,015 (+23%) from 2016

Expenses

Up

$128,693

Up $8,073 (+6.7%) from 2016

Net Income

Up

$18,957

Up $19,942 (+2025%) from 2016

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $420,708Liabilities 2011: $3,1942011Assets 2012: $404,309Liabilities 2012: $02012Assets 2013: $401,248Liabilities 2013: $02013Assets 2014: $361,514Liabilities 2014: $02014Assets 2015: $370,882Net Assets 2015: $370,8822015Assets 2016: $456,993Liabilities 2016: $4,901Net Assets 2016: $452,0922016Assets 2017: $478,694Liabilities 2017: $7,645Net Assets 2017: $471,0492017Assets 2018: $492,442Liabilities 2018: $2,500Net Assets 2018: $489,9422018Assets 2019: $544,483Liabilities 2019: $3,590Net Assets 2019: $540,8932019Assets 2020: $537,676Liabilities 2020: $1,181Net Assets 2020: $536,4952020Assets 2021: $692,546Liabilities 2021: $25,166Net Assets 2021: $667,3802021Assets 2022: $684,626Liabilities 2022: $4,088Net Assets 2022: $680,5382022Assets 2023: $689,898Liabilities 2023: $4,108Net Assets 2023: $685,7902023Assets 2024: $712,505Liabilities 2024: $4,385Net Assets 2024: $708,1202024Assets 2025: $709,361Liabilities 2025: $4,588Net Assets 2025: $704,7732025

Highlighted filing

2017

Assets$478,694
Liabilities$7,645
Net Assets$471,049

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $101,197Expenses 2011: $112,271Net Income 2011: -$11,0742011Revenue 2012: $101,764Expenses 2012: $120,759Net Income 2012: -$18,9952012Revenue 2013: $117,815Expenses 2013: $120,876Net Income 2013: -$3,0612013Revenue 2014: $95,687Expenses 2014: $135,421Net Income 2014: -$39,7342014Revenue 2015: $138,435Expenses 2015: $129,067Net Income 2015: $9,3682015Revenue 2016: $119,635Expenses 2016: $120,620Net Income 2016: -$9852016Revenue 2017: $147,650Expenses 2017: $128,693Net Income 2017: $18,9572017Revenue 2018: $123,631Expenses 2018: $104,738Net Income 2018: $18,8932018Revenue 2019: $142,592Expenses 2019: $91,641Net Income 2019: $50,9512019Revenue 2020: $109,719Expenses 2020: $89,117Net Income 2020: $20,6022020Revenue 2021: $246,433Expenses 2021: $115,548Net Income 2021: $130,8852021Revenue 2022: $122,545Expenses 2022: $109,387Net Income 2022: $13,1582022Revenue 2023: $116,757Expenses 2023: $111,505Net Income 2023: $5,2522023Revenue 2024: $147,104Expenses 2024: $124,774Net Income 2024: $22,3302024Revenue 2025: $114,911Expenses 2025: $118,258Net Income 2025: -$3,3472025

Highlighted filing

2017

Revenue$147,650
Expenses$128,693
Net Income$18,957
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Feb 8, 2019
Return Version
2017v2.2
Gross Receipts
$147,650
Mission and Program Overview

Mission

To establish and maintain the desoto county museum.

To establish and maintain the desoto mus

Program Services

DescriptionGrantsExpenses
SHOWCASES ARTIFACTS AND EXHIBITS FEATURING THE HISTORY OF DESOTO COUNTY-$128,693
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRIAN HICKSExecutive DirectorFT$69,209$8,000$77,209
REBECCA THOMPSONPresident-$0--
BARRY BOUCHILLONVice President-$0--
HARVEY FERGUSONTreasurerPT$0--
LYNDA AUSTINSecretary-$0--
STEPHANIE STROHMDirector-$0--
KEITH HAWKINSDirector-$0--
WILLIAM BROWNDirector-$0--
JIM FLANAGANDirector-$0--
EDITH ROBINSONDirector-$0--
Filing and Contact Details

Filer

Filer Name
Historic Desoto Foundation
EIN
64-0688913
Address
PO BOX 866, HERNANDO, MS 38632

Signing Officer

Name
Harvey Ferguson
Title
Treasurer
Phone
9016478714
Signed
2019-02-08
Discuss with paid preparer
Yes

Preparer

Firm
William H Polk and Co Cpas
Address
105 PUBLIC SQUARE, BATESVILLE, MS 38606
Preparer
Amy Byars
Phone
6625638661
Supplemental Narrative

Additional Explanations

Amended return information

An amended return is filed to report accurate revenue and expenses.

Description of other revenue Part I line 8

Description amountmemorials 1,315church lease 24,000

Description of other expenses Part I line 16

Description amountpart time help 1,086dues and subscriptions 50bank charges 45outside contract services 960insurance 6,926maintenance 1,082telephone 663supplies 4,887charities registration 52direct deposit fee 58internet 1,201cna insurance 187depreciation expense 11,595payroll tax expense 6,314phone reimbursement 817travel reimbursement 2,900conference registration 545

Description of other assets Part II line 24

Category beginning of year end of yeardue from brian hicks 114,092 153,111

Description of total liabilities Part II line 26

Category beginning of year end of yearpayroll liabilities 4,901 5,145security deposit 0 2,500

Raw XML Appendix184 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9EXECUTIVE DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
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IRS990EZ/WebsiteAddressTxt0DESOTOMUSEUM.ORG
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AN AMENDED RETURN IS FILED TO REPORT ACCURATE REVENUE AND EXPENSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTMEMORIALS 1,315CHURCH LEASE 24,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION AMOUNTPART TIME HELP 1,086DUES AND SUBSCRIPTIONS 50BANK CHARGES 45OUTSIDE CONTRACT SERVICES 960INSURANCE 6,926MAINTENANCE 1,082TELEPHONE 663SUPPLIES 4,887CHARITIES REGISTRATION 52DIRECT DEPOSIT FEE 58INTERNET 1,201CNA INSURANCE 187DEPRECIATION EXPENSE 11,595PAYROLL TAX EXPENSE 6,314PHONE REIMBURSEMENT 817TRAVEL REIMBURSEMENT 2,900CONFERENCE REGISTRATION 545
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CATEGORY BEGINNING OF YEAR END OF YEARDUE FROM BRIAN HICKS 114,092 153,111
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CATEGORY BEGINNING OF YEAR END OF YEARPAYROLL LIABILITIES 4,901 5,145SECURITY DEPOSIT 0 2,500
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Amended return information
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Description of total liabilities Part II line 26
ReturnHeader/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/Filer/EIN0640688913
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ReturnHeader/FilingSecurityInformation/IPTm017:33:16
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ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.09$0.05$7.05$1.15$1.18$0.03
2024Detailed filing. Detailed filing data is available for this year.$7.13$0.04$7.08$1.47$1.25$0.22
2023Detailed filing. Detailed filing data is available for this year.$6.90$0.04$6.86$1.17$1.12$0.05
2022Detailed filing. Detailed filing data is available for this year.$6.85$0.04$6.81$1.23$1.09$0.13
2021Detailed filing. Detailed filing data is available for this year.$6.93$0.25$6.67$2.46$1.16$1.31
2020Detailed filing. Detailed filing data is available for this year.$5.38$0.01$5.36$1.10$0.89$0.21
2019Detailed filing. Detailed filing data is available for this year.$5.44$0.04$5.41$1.43$0.92$0.51
2018Detailed filing. Detailed filing data is available for this year.$4.92$0.03$4.90$1.24$1.05$0.19
2017Detailed filing. Detailed filing data is available for this year.$4.79$0.08$4.71$1.48$1.29$0.19
2016Detailed filing. Detailed filing data is available for this year.$4.57$0.05$4.52$1.20$1.21$0.01
2015Detailed filing. Detailed filing data is available for this year.$3.71$3.71$1.38$1.29$0.09
2014Summary only. Only limited summary data is available for this year.$3.62$0.00$0.96$1.35$0.40
2013Summary only. Only limited summary data is available for this year.$4.01$0.00$1.18$1.21$0.03
2012Summary only. Only limited summary data is available for this year.$4.04$0.00$1.02$1.21$0.19
2011Summary only. Only limited summary data is available for this year.$4.21$0.03$1.01$1.12$0.11