Civic Intelligence

Greene County Industrial Training Council Inc.

990 • Fiscal year 2017 • EIN 71-0831345

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 01, 2018

Organization ProfileWWW.GREENECOUNTYITC.ORG
PO Box 1565Paragould, AR 72451

(870) 236-6903

Siviq Scores

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

Liabilities / Assets

86th percentile

0.30x

Higher debt load relative to assets than 86% of similar nonprofits.

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

Liabilities / Revenue

95th percentile

0.92x

Higher debt load relative to revenue than 95% of similar nonprofits.

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

Net Margin

17th percentile

-17%

Higher net margin than 17% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

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

Asset Growth

52nd percentile

3.4%

Faster asset growth than 52% of similar nonprofits.

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

Revenue Growth

12th percentile

-41%

Faster revenue growth than 12% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$458,299

Up $15,006 (+3.4%) from 2016

Net Assets

Down

$321,552

Down $4,065 (-1.2%) from 2016

Liabilities

Up

$136,747

Up $19,071 (+16%) from 2016

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin17th percentile

Revenue

Down

$148,035

Down $103,273 (-41%) from 2016

Expenses

Down

$173,901

Down $107,464 (-38%) from 2016

Net Income

Up

-$25,866

Up $4,191 (+14%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth52nd percentile

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

$600K$400K$200K$0Assets 2011: $549,487Liabilities 2011: $218,896Net Assets 2011: $330,5912011Assets 2012: $504,210Liabilities 2012: $169,788Net Assets 2012: $334,4222012Assets 2013: $489,502Liabilities 2013: $187,953Net Assets 2013: $301,5492013Assets 2014: $495,457Liabilities 2014: $149,139Net Assets 2014: $346,3182014Assets 2015: $514,090Liabilities 2015: $158,416Net Assets 2015: $355,6742015Assets 2016: $443,293Liabilities 2016: $117,676Net Assets 2016: $325,6172016Assets 2017: $458,299Liabilities 2017: $136,747Net Assets 2017: $321,5522017Assets 2018: $489,791Liabilities 2018: $157,465Net Assets 2018: $332,3262018Assets 2019: $451,563Liabilities 2019: $100,616Net Assets 2019: $350,9472019Assets 2020: $400,339Liabilities 2020: $54,980Net Assets 2020: $345,3592020Assets 2021: $437,026Liabilities 2021: $63,971Net Assets 2021: $373,0552021Assets 2022: $448,317Liabilities 2022: $49,601Net Assets 2022: $398,7162022Assets 2023: $410,421Liabilities 2023: $11,923Net Assets 2023: $398,4982023Assets 2024: $386,034Liabilities 2024: $1,605Net Assets 2024: $384,4292024Assets 2025: $352,218Liabilities 2025: $0Net Assets 2025: $352,2182025

Highlighted filing

2017

Assets$458,299
Liabilities$136,747
Net Assets$321,552
Open 2017 Filing

Operations Trend

Revenue Growth12th percentile

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

$400K$200K$0-$200KRevenue 2011: $335,764Expenses 2011: $376,934Net Income 2011: -$41,1702011Revenue 2012: $201,421Expenses 2012: $197,590Net Income 2012: $3,8312012Revenue 2013: $253,971Expenses 2013: $200,724Net Income 2013: $53,2472013Revenue 2014: $299,072Expenses 2014: $254,303Net Income 2014: $44,7692014Revenue 2015: $241,985Expenses 2015: $232,629Net Income 2015: $9,3562015Revenue 2016: $251,308Expenses 2016: $281,365Net Income 2016: -$30,0572016Revenue 2017: $148,035Expenses 2017: $173,901Net Income 2017: -$25,8662017Revenue 2018: $195,549Expenses 2018: $184,775Net Income 2018: $10,7742018Revenue 2019: $182,855Expenses 2019: $164,234Net Income 2019: $18,6212019Revenue 2020: $86,997Expenses 2020: $92,585Net Income 2020: -$5,5882020Revenue 2021: $182,858Expenses 2021: $155,162Net Income 2021: $27,6962021Revenue 2022: $168,194Expenses 2022: $142,533Net Income 2022: $25,6612022Revenue 2023: $131,527Expenses 2023: $131,745Net Income 2023: -$2182023Revenue 2024: $91,776Expenses 2024: $105,845Net Income 2024: -$14,0692024Revenue 2025: $50,620Expenses 2025: $82,831Net Income 2025: -$32,2112025

Highlighted filing

2017

Revenue$148,035
Expenses$173,901
Net Income-$25,866
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 1, 2018
Return Version
2017v2.3
Gross Receipts
$148,035
Mission and Program Overview

Mission

To enhance area economic development by meeting northeast arkansas' industrial and business education needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$389,379$363,901▼ $25,478
Cash and Non-Interest-Bearing Accounts$45,403$65,050▲ $19,647
Accounts Receivable$8,511$29,348▲ $20,837
Total Assets$443,293$458,299▲ $15,006
Liabilities
Mortgage Notes Payable Secured by Investment Property$117,676$101,213▼ $16,463
Deferred Revenue$0$17,800▲ $17,800
Accounts Payable and Accrued Expenses$0$17,734▲ $17,734
Total Liabilities$117,676$136,747▲ $19,071
Net Assets / Fund Balance
Unrestricted Net Assets$325,617$321,552▼ $4,065
Total Net Assets Fund Balance$325,617$321,552▼ $4,065
Total Liabilities and Net Assets / Fund Balance$443,293$458,299▲ $15,006

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$318,461$86,539$405,000
Land$45,000-$45,000
Equipment$440$8,616$9,056
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Terry ThomasPresident
Rhonda QuenzerVice President
Alan DeckerDirector
Dirk OwenDirector
Eric TurnerDirector
John ShatzerDirector
Ray StrickerDirector
Sue McgowenDirector
Valerie HolmanDirector
Terry ChambersSecretary
Misty CarrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$148,035
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-25,866

Audited Revenue Reconciliation

Revenue per Audited Statements
$148,035
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$148,035
Total Revenue per Form 990
$148,035
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$173,901
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$18,839$18,839-$37,678
Fees for Services Accounting-$11,080-$11,080
Depreciation Depletion-$10,575-$10,575
Insurance-$6,611-$6,611
Interest-$5,711-$5,711
Other Expenses$12,972$2,675-$2,675
Office Expenses-$2,270-$2,270
All Other Expenses-$2,028-$2,028
Travel-$1,651-$1,651
Advertising$1,398--$1,398
Occupancy-$480-$480
Total Functional Expenses$93,683$80,218$0$173,901

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$173,901
Total Expenses per Audited Statements$173,901
Total Expenses per Form 990$173,901
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
Lobbying activity
No
Subject to proxy tax
No
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
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 A, Line 8B

“The organization does not have a committee with authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, Line 11B

“Form 990 is reviewed by the organization's board of directors for approval before filing.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and financial statements available to the public for inspection at its board meetings that are open to the public. Documents can also be requested for viewing by the public.”

Filing and Contact Details

Filer

Filer Name
Greene County Industrial Training
EIN
71-0831345
Phone
8702366903
Address
PO BOX 1565, PARAGOULD, AR 72451

Signing Officer

Name
Terry Thomas
Title
President
Phone
8702366903
Signed
2018-08-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Terry Thomas
Formed
1999
Legal Domicile
Ar
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
11

Preparer

Firm
Jones and Company Ltd
Address
PO BOX 16307, JONESBORO, AR 72403
Preparer
Jeremy Watson
Phone
8709352871
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 8, PRIOR PERIOD ADJUSTMENTS:

“The organization switched tax preparers in 2017 which led to the discovery of reporting differences between the balances reported on the 2016 form 990 and the balances reported on the 2016 audited financial statements. The beginning balances on form 990, part x, reflect the ending balances reported on the 2016 form 990. A prior period adjustment is reflected on the 2017 form 990 to correct these differences that were discovered. The ending balances reported on the organization's 2017 form 990, part x, reconcile to the 2017 audited financial statements.”

FORM 990, HEADING, LN C:

“The organization switched tax preparers in 2017 and in doing so it was discovered that form 990 filed for prior years incorrectly reported the organization's name as "greene county industrial training center". This error was corrected on the organization's 2017 form 990 and the name reported now agrees with the irs's database.”

Raw XML AppendixShowing 400 of 425 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt017734
IRS990/AccountsReceivableGrp/BOYAmt08511
IRS990/AccountsReceivableGrp/EOYAmt029348
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO ENHANCE AREA ECONOMIC DEVELOPMENT BY MEETING NORTHEAST ARKANSAS' INDUSTRIAL AND BUSINESS EDUCATION NEEDS.
IRS990/AdvertisingGrp/ProgramServicesAmt01398
IRS990/AdvertisingGrp/TotalAmt01398
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt02028
IRS990/AllOtherExpensesGrp/TotalAmt02028
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MISTY CARR
IRS990/BooksInCareOfDetail/PhoneNum08702366903
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 1565
IRS990/BooksInCareOfDetail/USAddress/CityNm0PARAGOULD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AR
IRS990/BooksInCareOfDetail/USAddress/ZIPCd072451
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt045403
IRS990/CashNonInterestBearingGrp/EOYAmt065050
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0173901
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0148035
IRS990/CYRevenuesLessExpensesAmt0-25866
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0173901
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0148035
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt017800
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt010575
IRS990/DepreciationDepletionGrp/TotalAmt010575
IRS990/Desc0HIGH QUALITY, SKILL BUILDING TRAINING PROGRAMS ARE OFFERED TO CURRENT AND POTENTIAL MEMBERS OF THE WORKFORCE SERVING THE NORTHEAST ARKANSAS AREA.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt093683
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt011080
IRS990/FeesForServicesAccountingGrp/TotalAmt011080
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt018839
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt018839
IRS990/FeesForServicesManagementGrp/TotalAmt037678
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0TERRY THOMAS
IRS990/Form990PartVIISectionAGrp/PersonNm1RHONDA QUENZER
IRS990/Form990PartVIISectionAGrp/PersonNm2MISTY CARR
IRS990/Form990PartVIISectionAGrp/PersonNm3TERRY CHAMBERS
IRS990/Form990PartVIISectionAGrp/PersonNm4ALAN DECKER
IRS990/Form990PartVIISectionAGrp/PersonNm5DIRK OWEN
IRS990/Form990PartVIISectionAGrp/PersonNm6RAY STRICKER
IRS990/Form990PartVIISectionAGrp/PersonNm7SUE MCGOWEN
IRS990/Form990PartVIISectionAGrp/PersonNm8JOHN SHATZER
IRS990/Form990PartVIISectionAGrp/PersonNm9VALERIE HOLMAN
IRS990/Form990PartVIISectionAGrp/PersonNm10ERIC TURNER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0148035
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt06611
IRS990/InsuranceGrp/TotalAmt06611
IRS990/InterestGrp/ManagementAndGeneralAmt05711
IRS990/InterestGrp/TotalAmt05711
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt095155
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0389379
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0363901
IRS990/LandBldgEquipCostOrOtherBssAmt0459056
IRS990/LegalDomicileStateCd0AR
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ENHANCE AREA ECONOMIC DEVELOPMENT BY MEETING NORTHEAST ARKANSAS' INDUSTRIAL AND BUSINESS EDUCATION NEEDS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0117676
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0101213
IRS990/NetAssetsOrFundBalancesBOYAmt0325617
IRS990/NetAssetsOrFundBalancesEOYAmt0321552
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0480
IRS990/OccupancyGrp/TotalAmt0480
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02270
IRS990/OfficeExpensesGrp/TotalAmt02270
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0CONSORTIUM TRAINING
IRS990/OtherExpensesGrp/Desc1TAX PENALTIES
IRS990/OtherExpensesGrp/Desc2CATERING
IRS990/OtherExpensesGrp/Desc3DONATIONS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt018298
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12675
IRS990/OtherExpensesGrp/ProgramServicesAmt060474
IRS990/OtherExpensesGrp/ProgramServicesAmt112972
IRS990/OtherExpensesGrp/TotalAmt060474
IRS990/OtherExpensesGrp/TotalAmt118298
IRS990/OtherExpensesGrp/TotalAmt212972
IRS990/OtherExpensesGrp/TotalAmt32675
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0TERRY THOMAS
IRS990/PriorPeriodAdjustmentsAmt021801
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611430
IRS990/ProgramServiceRevenueGrp/BusinessCd1611430
IRS990/ProgramServiceRevenueGrp/BusinessCd2611430
IRS990/ProgramServiceRevenueGrp/Desc0MEETINGS & EVENTS
IRS990/ProgramServiceRevenueGrp/Desc1FACILITY RENTAL
IRS990/ProgramServiceRevenueGrp/Desc2MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt097560
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt132500
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt217975
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt097560
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt132500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt217975
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt044651
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0281365
IRS990/PYOtherRevenueAmt027500
IRS990/PYProgramServiceRevenueAmt0179157
IRS990/PYRevenuesLessExpensesAmt0-30057
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0281365
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0251308
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-25866
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0148035
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt044661
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt047072
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt060829
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt032057
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0184619
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0148035
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0206647
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0194913
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0238243
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0207357
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0995195
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt01179814
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0148035
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0251308
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0241985
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0299072
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0239414
IRS990ScheduleA/Total509Grp/TotalAmt01179814
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0148035
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0251308
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0241985
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0299072
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0239414
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01179814
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0318461
IRS990ScheduleD/BuildingsGrp/DepreciationAmt086539
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0405000
IRS990ScheduleD/EquipmentGrp/BookValueAmt0440
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08616
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt09056
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0173901
IRS990ScheduleD/LandGrp/BookValueAmt045000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt045000
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0148035
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0363901
IRS990ScheduleD/TotalExpensesPerForm990Amt0173901
IRS990ScheduleD/TotalRevenuePerForm990Amt0148035
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0148035
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0173901
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT HAVE A COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY THE ORGANIZATION'S BOARD OF DIRECTORS FOR APPROVAL BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC FOR INSPECTION AT ITS BOARD MEETINGS THAT ARE OPEN TO THE PUBLIC. DOCUMENTS CAN ALSO BE REQUESTED FOR VIEWING BY THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION SWITCHED TAX PREPARERS IN 2017 WHICH LED TO THE DISCOVERY OF REPORTING DIFFERENCES BETWEEN THE BALANCES REPORTED ON THE 2016 FORM 990 AND THE BALANCES REPORTED ON THE 2016 AUDITED FINANCIAL STATEMENTS. THE BEGINNING BALANCES ON FORM 990, PART X, REFLECT THE ENDING BALANCES REPORTED ON THE 2016 FORM 990. A PRIOR PERIOD ADJUSTMENT IS REFLECTED ON THE 2017 FORM 990 TO CORRECT THESE DIFFERENCES THAT WERE DISCOVERED. THE ENDING BALANCES REPORTED ON THE ORGANIZATION'S 2017 FORM 990, PART X, RECONCILE TO THE 2017 AUDITED FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION SWITCHED TAX PREPARERS IN 2017 AND IN DOING SO IT WAS DISCOVERED THAT FORM 990 FILED FOR PRIOR YEARS INCORRECTLY REPORTED THE ORGANIZATION'S NAME AS "GREENE COUNTY INDUSTRIAL TRAINING CENTER". THIS ERROR WAS CORRECTED ON THE ORGANIZATION'S 2017 FORM 990 AND THE NAME REPORTED NOW AGREES WITH THE IRS'S DATABASE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 8, PRIOR PERIOD ADJUSTMENTS:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, HEADING, LN C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0AR
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0443293
IRS990/TotalAssetsEOYAmt0458299
IRS990/TotalAssetsGrp/BOYAmt0443293
IRS990/TotalAssetsGrp/EOYAmt0458299
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt080218
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt093683
IRS990/TotalFunctionalExpensesGrp/TotalAmt0173901
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0117676
IRS990/TotalLiabilitiesEOYAmt0136747
IRS990/TotalLiabilitiesGrp/BOYAmt0117676
IRS990/TotalLiabilitiesGrp/EOYAmt0136747
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0325617
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0321552
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt093683
IRS990/TotalProgramServiceRevenueAmt0148035
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0148035
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0148035
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt011
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0443293
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0458299
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01651
IRS990/TravelGrp/TotalAmt01651
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0325617
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0321552
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1565
IRS990/USAddress/CityNm0PARAGOULD
IRS990/USAddress/StateAbbreviationCd0AR
IRS990/USAddress/ZIPCd072451
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.GREENECOUNTYITC.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TERRY THOMAS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08702366903
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-08-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GREENE COUNTY INDUSTRIAL TRAINING
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0COUNCIL INC
ReturnHeader/Filer/BusinessNameControlTxt0GREE
ReturnHeader/Filer/EIN0710831345
ReturnHeader/Filer/PhoneNum08702366903

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$458,299
Liabilities
$136,747
Net assets
$321,552
Revenue
$148,035
Expenses
$173,901
Net income
-$25,866
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.52$0.00$3.52$0.51$0.83$0.32
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.86$0.02$3.84$0.92$1.06$0.14
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.10$0.12$3.98$1.32$1.32$0.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.48$0.50$3.99$1.68$1.43$0.26
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.37$0.64$3.73$1.83$1.55$0.28
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.00$0.55$3.45$0.87$0.93$0.06
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.52$1.01$3.51$1.83$1.64$0.19
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.90$1.57$3.32$1.96$1.85$0.11
2017Detailed filing. Detailed filing data is available for this year.$4.58$1.37$3.22$1.48$1.74$0.26
2016Summary only. Only limited summary data is available for this year.$4.43$1.18$3.26$2.51$2.81$0.30
2015Summary only. Only limited summary data is available for this year.$5.14$1.58$3.56$2.42$2.33$0.09
2014Summary only. Only limited summary data is available for this year.$4.95$1.49$3.46$2.99$2.54$0.45
2013Summary only. Only limited summary data is available for this year.$4.90$1.88$3.02$2.54$2.01$0.53
2012Summary only. Only limited summary data is available for this year.$5.04$1.70$3.34$2.01$1.98$0.04
2011Summary only. Only limited summary data is available for this year.$5.49$2.19$3.31$3.36$3.77$0.41