Civic Intelligence

Kenedy Chamber of Commerce

990 • Fiscal year 2016 • EIN 74-0723350

Jul 01, 2015 to Jun 30, 2016 • Filed on Sep 16, 2016

PO Box 570Kenedy, TX 78119

(830) 583-3223

Siviq Scores

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

Liabilities / Assets

12th percentile

0.00x

Higher debt load relative to assets than 12% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

18th percentile

0.02x

Higher debt load relative to revenue than 18% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Net Margin

3rd percentile

-33%

Higher net margin than 3% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Asset Growth

26th percentile

-2.8%

Faster asset growth than 26% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

1st percentile

-62%

Faster revenue growth than 1% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$2,690,482

Down $78,384 (-2.8%) from 2015

Net Assets

Down

$2,686,361

Down $78,305 (-2.8%) from 2015

Liabilities

Down

$4,121

Down $79 (-1.9%) from 2015

Revenue

Down

$237,361

Down $390,908 (-62%) from 2015

Expenses

Down

$315,666

Down $483 (-0.2%) from 2015

Net Income

Down

-$78,305

Down $390,425 (-125%) from 2015

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $10,128Liabilities 2010: $02010Assets 2011: $345,913Liabilities 2011: $0Net Assets 2011: $345,9132011Assets 2012: $368,931Liabilities 2012: $02012Assets 2013: $1,044,885Liabilities 2013: $0Net Assets 2013: $1,044,8852013Assets 2014: $2,454,335Liabilities 2014: $1,789Net Assets 2014: $2,452,5462014Assets 2015: $2,768,866Liabilities 2015: $4,200Net Assets 2015: $2,764,6662015Assets 2016: $2,690,482Liabilities 2016: $4,121Net Assets 2016: $2,686,3612016Assets 2017: $2,834,870Liabilities 2017: $0Net Assets 2017: $2,834,8702017Assets 2018: $2,751,601Liabilities 2018: $2,507Net Assets 2018: $2,749,0942018Assets 2019: $2,694,549Liabilities 2019: $3,247Net Assets 2019: $2,691,3022019Assets 2020: $2,488,812Liabilities 2020: $2,604Net Assets 2020: $2,486,2082020Assets 2021: $2,575,739Liabilities 2021: $2,721Net Assets 2021: $2,573,0182021

Highlighted filing

2016

Assets$2,690,482
Liabilities$4,121
Net Assets$2,686,361

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2010: $26,671Expenses 2010: $29,935Net Income 2010: -$3,2642010Revenue 2011: $371,191Expenses 2011: $35,406Net Income 2011: $335,7852011Revenue 2012: $83,341Expenses 2012: $60,323Net Income 2012: $23,0182012Revenue 2013: $822,188Expenses 2013: $141,875Net Income 2013: $680,3132013Revenue 2014: $806,885Expenses 2014: $232,444Net Income 2014: $574,4412014Revenue 2015: $628,269Expenses 2015: $316,149Net Income 2015: $312,1202015Revenue 2016: $237,361Expenses 2016: $315,666Net Income 2016: -$78,3052016Revenue 2017: $342,141Expenses 2017: $419,385Net Income 2017: -$77,2442017Revenue 2018: $320,773Expenses 2018: $406,549Net Income 2018: -$85,7762018Revenue 2019: $206,961Expenses 2019: $333,812Net Income 2019: -$126,8512019Revenue 2020: $104,743Expenses 2020: $277,279Net Income 2020: -$172,5362020Revenue 2021: $151,593Expenses 2021: $147,975Net Income 2021: $3,6182021

Highlighted filing

2016

Revenue$237,361
Expenses$315,666
Net Income-$78,305
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Sep 16, 2016
Return Version
2015v2.0
Gross Receipts
$2,894,877
Mission and Program Overview

Mission

To promote economic and business development for kenedy and the surrounding region, and to act as a liaison for tourism and infromation flow.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$385,040$364,901▼ $20,139
Cash and Non-Interest-Bearing Accounts$421,852$361,323▼ $60,529
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$2,768,866$2,690,482▼ $78,384
Other Assets Total$1,961,974$1,964,258▲ $2,284
Liabilities
Accounts Payable and Accrued Expenses$4,200$4,121▼ $79
Total Liabilities$4,200$4,121▼ $79
Net Assets / Fund Balance
Unrestricted Net Assets$2,271,816$2,193,511▼ $78,305
Temporarily Rstr Net Assets$492,850$492,850→ $0
Total Net Assets Fund Balance$2,764,666$2,686,361▼ $78,305
Total Liabilities and Net Assets / Fund Balance$2,768,866$2,690,482▼ $78,384

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$300,339$29,231$329,570
Equipment$15,752$37,974$53,726
Land$38,160-$38,160
Other Land Buildings$10,050$18,983$29,033
Leasehold Improvements$600$233$833
Compensation and Service Providers

Board Members and Trustees

NameTitle
Marie CruzPresident
Christina BenavidesVice President
Dee HallmarkDirector
Joe SheeranDirector
Robert FletcherDirector
Todd EspinozaDirector
Walter ChanceDirector
Neva SchmidtSecretary
Ward ThomasTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$122,323
Program Service Revenue
$0
Investment Income
$7,405
Other Revenue
$107,633
All Other Contributions
$104,388
Change in Net Assets
$-78,305
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$197,887
Salaries, Compensation, and Employee Benefits$86,363
Grants and Similar Amounts Paid$31,416
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$78,559-$78,559
All Other Expenses$7,873$18,693-$26,566
Grants to Domestic Orgs$22,666--$22,666
Depreciation Depletion---$21,359
Advertising$10,645--$10,645
Occupancy-$9,155-$9,155
Grants to Domestic Individuals$8,750--$8,750
Payroll Taxes-$7,804-$7,804
Other Expenses$9,324$4,941-$4,941
Conferences and Meetings-$4,877-$4,877
Fees for Service Investment Mgmnt Fees-$4,722-$4,722
Office Expenses-$4,395-$4,395
Fees for Services Legal-$3,050-$3,050
Insurance-$2,320-$2,320
Fees for Services Accounting-$1,900-$1,900
Travel-$1,811-$1,811
Information Technology-$222-$222
Total Functional Expenses$151,858$142,449$0$315,666
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Various Community OrganizatioKenedy, TX--$22,166
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$52,997
Fundraising Direct Expenses$46,946
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Bluebonnet Days$31,995$31,995$8,949$23,046
Golf Tournament$10,424$10,424$5,054$5,370
Total Events$49,607$49,607$44,589$5,018
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
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, Line 11B: Form 990 Review Process

Form 990 is reviewed by one or more designated directors prioer to filing.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents and financial statements are available to members of the chamber upon request.

Filing and Contact Details

Filer

Filer Name
Kenedy Chamber of Commerce
EIN
74-0723350
Phone
8305833223
Address
PO BOX 570, KENEDY, TX 78119

Signing Officer

Name
Marie Cruz
Title
President
Signed
2016-09-16
Discuss with paid preparer
Yes

Organization Details

Formed
1921
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
2
Volunteers
75

Preparer

Firm
Amy Seal CPA
Address
202 N ESPLANADE ST, KARNES CITY, TX 78118
Preparer
Amy A Seal CPA
Phone
8302548021
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IRS990/OtherExpensesGrp/TotalAmt078507
IRS990/OtherExpensesGrp/TotalAmt114093
IRS990/OtherExpensesGrp/TotalAmt29324
IRS990/OtherExpensesGrp/TotalAmt34941
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt078559
IRS990/OtherSalariesAndWagesGrp/TotalAmt078559
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07804
IRS990/PayrollTaxesGrp/TotalAmt07804
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0264561
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt051204
IRS990/PYInvestmentIncomeAmt09852
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0216958
IRS990/PYOtherRevenueAmt0353856
IRS990/PYRevenuesLessExpensesAmt0312120
IRS990/PYSalariesCompEmpBnftPaidAmt047987
IRS990/PYTotalExpensesAmt0316149
IRS990/PYTotalRevenueAmt0628269
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-78305
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt046273
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt055309
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt055309
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/Form1120POLFiledInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0300339
IRS990ScheduleD/BuildingsGrp/DepreciationAmt029231
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0329570
IRS990ScheduleD/EquipmentGrp/BookValueAmt015752
IRS990ScheduleD/EquipmentGrp/DepreciationAmt037974
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt053726
IRS990ScheduleD/LandGrp/BookValueAmt038160
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt038160
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0600
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0233
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0833
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt010050
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt018983
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt029033
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0364901
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01964258
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt010498
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent2Amt0708
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt011206
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt044589
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BLUEBONNET DAYS
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt08635
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt02838
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt011473
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt031995
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt010424
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt07188
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt049607
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt031995
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt010424
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt07188
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt049607
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt05018
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt01381
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt01381
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt01287
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt015290
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt08949
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt05054
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt01670
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsOtherEventsAmt03569
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt05239
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt08750
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS & DONATIONS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt09
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/RecipientTable/CashGrantAmt022166
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0VARIOUS COMMUNITY ORGANIZATIO
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0MAIN STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0KENEDY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd078119
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0DECISIONS FOR SCHOLARSHIP RECIPIENTS ARE MADE AT BOARD MEETINGS. SCHOLARSHIP VALUE AMOUNTS ARE VOTED ON BY REPRESTENTED BOARD MEMBERS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY ONE OR MORE DESIGNATED DIRECTORS PRIOER TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO MEMBERS OF THE CHAMBER UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0492850
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0492850
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02768866
IRS990/TotalAssetsEOYAmt02690482
IRS990/TotalAssetsGrp/BOYAmt02768866
IRS990/TotalAssetsGrp/EOYAmt02690482
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0122323
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0142449
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0151858
IRS990/TotalFunctionalExpensesGrp/TotalAmt0315666
IRS990/TotalGrossUBIAmt055309
IRS990/TotalLiabilitiesBOYAmt04200
IRS990/TotalLiabilitiesEOYAmt04121

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