Civic Intelligence

El Dorado Chamber of Commerce

990 • Fiscal year 2014 • EIN 71-0029610

Apr 01, 2013 to Mar 31, 2014 • Filed on Nov 14, 2014

PO Box 1083671730

(870) 863-6113

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.66x

Higher debt load relative to assets than 93% of similar nonprofits.

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

Liabilities / Revenue

93rd percentile

0.43x

Higher debt load relative to revenue than 93% of similar nonprofits.

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

Net Margin

30th percentile

-4.2%

Higher net margin than 30% of similar nonprofits.

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

Top Officer Pay

91st percentile

$65,100

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 13.9% of source-year revenue.

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

Asset Growth

89th percentile

47%

Faster asset growth than 89% of similar nonprofits.

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

Revenue Growth

24th percentile

-12%

Faster revenue growth than 24% of similar nonprofits.

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

Assets

Up

$302,313

Up $97,313 (+47%) from 2013

Net Assets

Down

$103,159

Down $61,015 (-37%) from 2013

Liabilities

Up

$199,154

Up $158,328 (+388%) from 2013

Revenue

Down

$467,659

Down $60,838 (-12%) from 2013

Expenses

Down

$487,121

Down $49,146 (-9.2%) from 2013

Net Income

Down

-$19,462

Down $11,692 (-150%) from 2013

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $203,378Liabilities 2011: $22,359Net Assets 2011: $181,0192011Assets 2012: $241,786Liabilities 2012: $69,844Net Assets 2012: $171,9422012Assets 2013: $205,000Liabilities 2013: $40,826Net Assets 2013: $164,1742013Assets 2014: $302,313Liabilities 2014: $199,154Net Assets 2014: $103,1592014Assets 2015: $232,476Liabilities 2015: $162,237Net Assets 2015: $70,2392015Assets 2016: $223,803Liabilities 2016: $133,792Net Assets 2016: $90,0112016Assets 2017: $271,813Liabilities 2017: $132,153Net Assets 2017: $139,6602017Assets 2018: $226,450Liabilities 2018: $120,331Net Assets 2018: $106,1192018Assets 2019: $281,942Liabilities 2019: $144,357Net Assets 2019: $137,5852019Assets 2020: $298,547Liabilities 2020: $131,086Net Assets 2020: $167,4612020Assets 2021: $334,756Liabilities 2021: $128,920Net Assets 2021: $205,8362021Assets 2022: $416,679Liabilities 2022: $152,342Net Assets 2022: $264,3372022Assets 2023: $447,220Liabilities 2023: $165,643Net Assets 2023: $281,5772023Assets 2024: $426,381Liabilities 2024: $141,996Net Assets 2024: $284,3852024Assets 2025: $243,495Liabilities 2025: $133,134Net Assets 2025: $110,3612025

Highlighted filing

2014

Assets$302,313
Liabilities$199,154
Net Assets$103,159

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $448,2082011Revenue 2012: $527,770Expenses 2012: $536,847Net Income 2012: -$9,0772012Revenue 2013: $528,497Expenses 2013: $536,267Net Income 2013: -$7,7702013Revenue 2014: $467,659Expenses 2014: $487,121Net Income 2014: -$19,4622014Revenue 2015: $549,166Expenses 2015: $582,086Net Income 2015: -$32,9202015Revenue 2016: $505,204Expenses 2016: $485,432Net Income 2016: $19,7722016Revenue 2017: $370,994Expenses 2017: $321,345Net Income 2017: $49,6492017Revenue 2018: $359,559Expenses 2018: $393,100Net Income 2018: -$33,5412018Revenue 2019: $369,561Expenses 2019: $338,095Net Income 2019: $31,4662019Revenue 2020: $371,236Expenses 2020: $341,360Net Income 2020: $29,8762020Revenue 2021: $344,995Expenses 2021: $306,620Net Income 2021: $38,3752021Revenue 2022: $375,817Expenses 2022: $317,316Net Income 2022: $58,5012022Revenue 2023: $353,255Expenses 2023: $336,015Net Income 2023: $17,2402023Revenue 2024: $427,315Expenses 2024: $424,507Net Income 2024: $2,8082024Revenue 2025: $367,126Expenses 2025: $368,697Net Income 2025: -$1,5712025

Highlighted filing

2014

Revenue$467,659
Expenses$487,121
Net Income-$19,462
Jump To
Filing Snapshot
Filing Period
Apr 1, 2013 to Mar 31, 2014
Signed
Nov 14, 2014
Return Version
2013v3.0
Gross Receipts
$467,659
Mission and Program Overview

Mission

To promote community development through activities to benefit its membership and local community as well as provide economic development

COMMUNITY DEVELOPMENT

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$204,576$208,871▲ $4,295
Accounts Receivable-$92,742-
Prepaid Expenses and Deferred Charges-$700-
Land, Buildings, and Equipment, Net$424$0▼ $424
Total Assets$205,000$302,313▲ $97,313
Liabilities
Deferred Revenue-$124,519-
Other Liabilities$35,896$58,397▲ $22,501
Accounts Payable and Accrued Expenses$4,930$16,238▲ $11,308
Total Liabilities$40,826$199,154▲ $158,328
Net Assets / Fund Balance
Unrestricted Net Assets$164,174$103,159▼ $61,015
Total Net Assets Fund Balance$164,174$103,159▼ $61,015
Total Liabilities and Net Assets / Fund Balance$205,000$302,313▲ $97,313

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$85,625$85,625
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Henry FlorsheimPresident & CEOFT$62,067$3,033$65,100
Jeremy StrattonPresident & CEOFT$10,855$543$11,398

Board Members and Trustees

NameTitle
Robert WaggonerChair Elect
Jim TidwellChairman
Bill LutherImmediate Past Chair
Alan MeadowsBoard Member
Alexandra BellBoard Member
Alice MahonyBoard Member
Angela GatesBoard Member
Austin BarrowBoard Member
Barbara JonesBoard Member
Bruce ButterfieldBoard Member
Carl SivilsBoard Member
Charlie ClarkBoard Member
Chris LutmanBoard Member
Chris WebbBoard Member
Don HaleBoard Member
Edwin AldersonBoard Member
Felisha AaronBoard Member
Frank HashBoard Member
George GartenBoard Member
Greg WithrowBoard Member
Jamie McconathyBoard Member
Jay HelmBoard Member
Jay StaggsBoard Member
Jeff TeagueBoard Member
Jill TempleBoard Member
Jim MooreBoard Member
Jim TuckerBoard Member
John BaineBoard Member
John Thomas ShepherdBoard Member
Kelli HarrisonBoard Member
Kyle SwiftBoard Member
Mark GivensBoard Member
Mary HostetterBoard Member
Matthew ShepherdBoard Member
Mike LoftinBoard Member
Ray NolanBoard Member
Ray TraylorBoard Member
Robert ReynoldsBoard Member
Sam AllenBoard Member
Scott FifeBoard Member
Thomas BurgerBoard Member
Trey ClarkBoard Member
Woody SleimanBoard Member
Dan RobleeSecretary
Pam GriffinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$310,236
Program Service Revenue
$157,423
Investment Income
$0
Other Revenue
$0
All Other Contributions
$52,054
Change in Net Assets
$-19,462

Audited Revenue Reconciliation

Revenue per Audited Statements
$467,659
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$467,659
Total Revenue per Form 990
$467,659
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$303,229
Other Expenses$183,892
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$168,252
Current Officers, Directors, Trustees, and Key Employees---$72,922
All Other Expenses---$38,847
Other Employee Benefits---$31,744
Payroll Taxes---$21,575
Fees for Services Accounting---$16,852
Pension Plan Contributions---$8,736
Occupancy---$8,400
Other Expenses---$6,822
Information Technology---$6,241
Office Expenses---$3,003
Depreciation Depletion---$424
Total Functional Expenses$0$0$0$487,121

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$487,121
Total Expenses per Audited Statements$487,121
Total Expenses per Form 990$487,121
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advances$58,397
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
Yes
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 A, Line 6

The chamber of commerce does have members who pay annual dues.

Form 990, Part VI, Section B, Line 11

The form 990 was reviewed by its president/ceo and treasurer before filing with the irs. The full board of directors will review at its next meeting.

Form 990, Part VI, Section B, Line 15A

The board annually reviews the salary of the president/ceo and makes salary adjustments accordingly.

Form 990, Part VI, Section C, Line 19

The governing documents and all financial statements are available upon request by its members.

Filing and Contact Details

Filer

EIN
71-0029610
Phone
8708636113

Signing Officer

Name
Jeremy Stratton
Title
President & CEO
Phone
8708636113
Signed
2014-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeremy Stratton
Formed
1921
Legal Domicile
Ar
Voting Board Members
46
Independent Board Members
46
Employees
8
Volunteers
0

Preparer

Preparer
Stacy D Scroggins
Phone
8708626510
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 1

In prior years, the chamber followed the modified cash basis of accounting which is a comprehensive basis of accounting other than accounting principles generally accepted in the united states of america. Effective april 1, 2013, the chamber elected to change to generally accepted accounting principles. The chamber believes following the generally accepted accounting principles provides a more meaningful presentation of its financial position since the method more accurately reflects revenues and expenses in the financial statements. Unrestricted net assets at the beginning of the period have been restated at $122,621, a decrease of $41,553 due to the effect of retroactive application of the new accounting method.

Financial Statement Notes

PART X, LINE 2:

U.s. Gaap requires an entity to recognize a liability for taxes to the extent of any unrelated business income as defined by irs regulations. The chamber is liable for taxes to the extent of any unrelated business income as defined by irs regulations. Management believes that the chamber has not engaged in any unrelated business income activities as defined by irs regulations and is more likely than not that this position would be sustained upon examination. As such, there were no liabilities recorded for uncertain tax positions as of march 31, 2014.

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IRS990/Form990PartVIISectionAGrp/PersonNm9TREY CLARK
IRS990/Form990PartVIISectionAGrp/PersonNm10SCOTT FIFE
IRS990/Form990PartVIISectionAGrp/PersonNm11GEORGE GARTEN
IRS990/Form990PartVIISectionAGrp/PersonNm12ANGELA GATES
IRS990/Form990PartVIISectionAGrp/PersonNm13MARK GIVENS
IRS990/Form990PartVIISectionAGrp/PersonNm14PAM GRIFFIN
IRS990/Form990PartVIISectionAGrp/PersonNm15DON HALE
IRS990/Form990PartVIISectionAGrp/PersonNm16KELLI HARRISON
IRS990/Form990PartVIISectionAGrp/PersonNm17FRANK HASH
IRS990/Form990PartVIISectionAGrp/PersonNm18JAY HELM
IRS990/Form990PartVIISectionAGrp/PersonNm19MARY HOSTETTER
IRS990/Form990PartVIISectionAGrp/PersonNm20BARBARA JONES
IRS990/Form990PartVIISectionAGrp/PersonNm21CHARLIE CLARK
IRS990/Form990PartVIISectionAGrp/PersonNm22MIKE LOFTIN
IRS990/Form990PartVIISectionAGrp/PersonNm23CHRIS LUTMAN
IRS990/Form990PartVIISectionAGrp/PersonNm24ALICE MAHONY
IRS990/Form990PartVIISectionAGrp/PersonNm25JAMIE MCCONATHY
IRS990/Form990PartVIISectionAGrp/PersonNm26ALAN MEADOWS
IRS990/Form990PartVIISectionAGrp/PersonNm27JIM MOORE
IRS990/Form990PartVIISectionAGrp/PersonNm28RAY NOLAN
IRS990/Form990PartVIISectionAGrp/PersonNm29ROBERT REYNOLDS
IRS990/Form990PartVIISectionAGrp/PersonNm30DAN ROBLEE
IRS990/Form990PartVIISectionAGrp/PersonNm31JOHN THOMAS SHEPHERD
IRS990/Form990PartVIISectionAGrp/PersonNm32MATTHEW SHEPHERD
IRS990/Form990PartVIISectionAGrp/PersonNm33CARL SIVILS
IRS990/Form990PartVIISectionAGrp/PersonNm34WOODY SLEIMAN
IRS990/Form990PartVIISectionAGrp/PersonNm35JAY STAGGS
IRS990/Form990PartVIISectionAGrp/PersonNm36KYLE SWIFT
IRS990/Form990PartVIISectionAGrp/PersonNm37JEFF TEAGUE
IRS990/Form990PartVIISectionAGrp/PersonNm38JILL TEMPLE
IRS990/Form990PartVIISectionAGrp/PersonNm39JIM TIDWELL
IRS990/Form990PartVIISectionAGrp/PersonNm40RAY TRAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm41JIM TUCKER
IRS990/Form990PartVIISectionAGrp/PersonNm42ROBERT WAGGONER
IRS990/Form990PartVIISectionAGrp/PersonNm43CHRIS WEBB
IRS990/Form990PartVIISectionAGrp/PersonNm44GREG WITHROW
IRS990/Form990PartVIISectionAGrp/PersonNm45HENRY FLORSHEIM
IRS990/Form990PartVIISectionAGrp/PersonNm46JEREMY STRATTON
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt460
IRS990/Form990PartVIISectionAGrp/TitleTxt0IMMEDIATE PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt22BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt23BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt24BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt25BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt26BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt27BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt28BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt29BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt30SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt31BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt32BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt33BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt34BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt35BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt36BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt37BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt38BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt39CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt40BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt41BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt42CHAIR ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt43BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt44BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt45PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt46PRESIDENT & CEO
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01921
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.43$1.33$1.10$3.67$3.69$0.02
2024Detailed filing. Detailed filing data is available for this year.$4.26$1.42$2.84$4.27$4.25$0.03
2023Detailed filing. Detailed filing data is available for this year.$4.47$1.66$2.82$3.53$3.36$0.17
2022Detailed filing. Detailed filing data is available for this year.$4.17$1.52$2.64$3.76$3.17$0.59
2021Detailed filing. Detailed filing data is available for this year.$3.35$1.29$2.06$3.45$3.07$0.38
2020Detailed filing. Detailed filing data is available for this year.$2.99$1.31$1.67$3.71$3.41$0.30
2019Detailed filing. Detailed filing data is available for this year.$2.82$1.44$1.38$3.70$3.38$0.31
2018Detailed filing. Detailed filing data is available for this year.$2.26$1.20$1.06$3.60$3.93$0.34
2017Detailed filing. Detailed filing data is available for this year.$2.72$1.32$1.40$3.71$3.21$0.50
2016Detailed filing. Detailed filing data is available for this year.$2.24$1.34$0.90$5.05$4.85$0.20
2015Detailed filing. Detailed filing data is available for this year.$2.32$1.62$0.70$5.49$5.82$0.33
2014Detailed filing. Detailed filing data is available for this year.$3.02$1.99$1.03$4.68$4.87$0.19
2013Summary only. Only limited summary data is available for this year.$2.05$0.41$1.64$5.28$5.36$0.08
2012Summary only. Only limited summary data is available for this year.$2.42$0.70$1.72$5.28$5.37$0.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.03$0.22$1.81$4.48