Civic Intelligence

Olney Chamber of Commerce

EIN 75-1437450 • 501(c)6 • Olney, TX

Profile

The Organization promotes business in Olney, TX, provides unity among area business leaders and provides tourist and general information to visitors and residents of Olney, Tx.

108 E Main StOlney, TX 76374

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

56th percentile

0.01x

Higher debt load relative to assets than 56% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

60th percentile

0.01x

Higher debt load relative to revenue than 60% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

20th percentile

-24%

Higher net margin than 20% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

80th percentile

$9,721

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 20.3% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

31st percentile

-15%

Faster asset growth than 31% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

12th percentile

-49%

Faster revenue growth than 12% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$62,292

Down $10,972 (-15%) from 2023

Liabilities

Up

$509

Up $467 (+1112%) from 2023

Net Assets

Down

$61,783

Down $11,439 (-16%) from 2023

Operations
Liabilities / Revenue60th percentileNet Margin20th percentile

Revenue

Down

$47,951

Down $45,458 (-49%) from 2023

Expenses

Down

$59,390

Down $18,227 (-23%) from 2023

Net Income

Down

-$11,439

Down $27,231 (-172%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth31st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80K$60K$40K$20K$0Assets 2010: $18,770Liabilities 2010: $02010Assets 2011: $33,095Liabilities 2011: $02011Assets 2012: $32,314Liabilities 2012: $02012Assets 2020: $60,455Liabilities 2020: $42Net Assets 2020: $60,4132020Assets 2021: $53,342Liabilities 2021: $960Net Assets 2021: $52,3822021Assets 2022: $58,632Liabilities 2022: $1,202Net Assets 2022: $57,4302022Assets 2023: $73,264Liabilities 2023: $42Net Assets 2023: $73,2222023Assets 2024: $62,292Liabilities 2024: $509Net Assets 2024: $61,7832024

Highlighted filing

2024

Assets$62,292
Liabilities$509
Net Assets$61,783
Open 2024 Filing

Operations Trend

Revenue Growth12th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2010: $45,148Expenses 2010: $42,729Net Income 2010: $2,4192010Revenue 2011: $56,065Expenses 2011: $41,740Net Income 2011: $14,3252011Revenue 2012: $49,133Expenses 2012: $49,914Net Income 2012: -$7812012Revenue 2020: $67,241Expenses 2020: $30,993Net Income 2020: $36,2482020Revenue 2021: $72,994Expenses 2021: $81,025Net Income 2021: -$8,0312021Revenue 2022: $99,328Expenses 2022: $94,279Net Income 2022: $5,0492022Revenue 2023: $93,409Expenses 2023: $77,617Net Income 2023: $15,7922023Revenue 2024: $47,951Expenses 2024: $59,390Net Income 2024: -$11,4392024

Highlighted filing

2024

Revenue$47,951
Expenses$59,390
Net Income-$11,439
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$62,292
Liabilities
$509
Net assets
$61,783
Revenue
$47,951
Expenses
$59,390
Net income
-$11,439
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$62.3$0.51$61.8$48.0$59.4$11.4
2023Detailed filing. Detailed filing data is available for this year.$73.3$0.04$73.2$93.4$77.6$15.8
2022Detailed filing. Detailed filing data is available for this year.$58.6$1.20$57.4$99.3$94.3$5.05
2021Detailed filing. Detailed filing data is available for this year.$53.3$0.96$52.4$73.0$81.0$8.03
2020Detailed filing. Detailed filing data is available for this year.$60.5$0.04$60.4$67.2$31.0$36.2
2012Summary only. Only limited summary data is available for this year.$32.3$0.00$49.1$49.9$0.78
2011Summary only. Only limited summary data is available for this year.$33.1$0.00$56.1$41.7$14.3
2010Summary only. Only limited summary data is available for this year.$18.8$0.00$45.1$42.7$2.42
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 28, 2025
Return Version
2024v5.1
Gross Receipts
$47,951
Mission and Program Overview

Mission

The Organization promotes business in Olney, TX, provides unity among area business leaders and provides tourist and general information to visitors and residents of Olney, Tx.

Program Services

DescriptionGrantsExpenses
Marquee-promotes community awareness, provides tourist and general information to visitors and residents of Olney, TX; approx. 3,500 benefited from service.--
Flags-promotes community patriotism and goodwill; approx. 200 serviced.--
Chamber Banquet-promotes community accomplishments, recognition and comradery; typically 170+ in attendance.--
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kimberly SmithExecutive DirectorFT$9,721-$9,721
Jonathan RogersPresident-$0--
Ronda BrettingSecretary-$0--
Dan BranumTreasurer-$0--
Tatum WileyVice President-$0--
Filing and Contact Details

Filer

Filer Name
Olney Chamber of Commerce
EIN
75-1437450
Phone
9405645445
Address
108 E Main St, Olney, TX 76374

Signing Officer

Name
Jonathan Rogers
Title
President
Signed
2025-04-28
Discuss with paid preparer
Yes

Preparer

Firm
Lukert Mayers Widner & Co Pc
Address
219 E MAIN ST, Olney, TX 76374
Preparer
Kathryn M Mayers
Phone
9405645643
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $1059”

Other Expenses.1002

“Office Expenses $2762”

Other Expenses.1005

“Travel $148”

Other Expenses.1007

“Conferences, Conventions, and Meetings $270”

Other Expenses.1009

“Depreciation $2420”

Other Expenses.1

“Special Events Expenses $31404”

Other Expenses.2

“Flag Program $1320”

Other Assets.1004

“Miscellaneous - Beginning $12097 Miscellaneous - Ending $9677”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $42 Accounts Payable and Accrued Expenses - Ending $509”

Raw XML Appendix132 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Kimberly Smith
IRS990EZ/BooksInCareOfDetail/PhoneNum09405645445
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0108 E Main St
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Olney
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd076374
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt061167
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt052615
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt043242
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-11439
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01900
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt073264
IRS990EZ/Form990TotalAssetsGrp/EOYAmt062292
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt047951
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt05
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt073222
IRS990EZ/NetAssetsOrFundBalancesEOYAmt061783
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt073222
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt061783
IRS990EZ/OccupancyRentUtltsAndMaintAmt07126
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt09721
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Kimberly Smith
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Jonathan Rogers
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Ronda Bretting
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Dan Branum
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Tatum Wiley
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Executive Dir.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Vice President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt012097
IRS990EZ/OtherAssetsTotalDetail/EOYAmt09677
IRS990EZ/OtherExpensesTotalAmt039383
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The Organization promotes business in Olney, TX, provides unity among area business leaders and provides tourist and general information to visitors and residents of Olney, Tx.
IRS990EZ/PrintingPublicationsPostageAmt0452
IRS990EZ/ProgramServiceRevenueAmt04704
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Marquee-promotes community awareness, provides tourist and general information to visitors and residents of Olney, TX; approx. 3,500 benefited from service.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Flags-promotes community patriotism and goodwill; approx. 200 serviced.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Chamber Banquet-promotes community accomplishments, recognition and comradery; typically 170+ in attendance.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt010529
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt042
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0509
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt059390
IRS990EZ/TotalRevenueAmt047951
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $1059
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $2762
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $148
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Conferences, Conventions, and Meetings $270
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Depreciation $2420
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Special Events Expenses $31404
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Flag Program $1320
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Miscellaneous - Beginning $12097 Miscellaneous - Ending $9677
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Accounts Payable and Accrued Expenses - Beginning $42 Accounts Payable and Accrued Expenses - Ending $509
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1007
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Assets.1004
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Total Liabilities.1001
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jonathan Rogers
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Olney Chamber of Commerce
ReturnHeader/Filer/BusinessNameControlTxt0OLNE
ReturnHeader/Filer/EIN0751437450
ReturnHeader/Filer/PhoneNum09405645445
ReturnHeader/Filer/USAddress/AddressLine1Txt0108 E Main St
ReturnHeader/Filer/USAddress/CityNm0Olney
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd076374
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0205297191
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LUKERT MAYERS WIDNER & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0219 E MAIN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Olney
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd076374
ReturnHeader/PreparerPersonGrp/PhoneNum09405645643
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kathryn M Mayers
ReturnHeader/ReturnTs02025-04-28T15:33:54-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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