Civic Intelligence

Libby Area Chamber of Commerce

990EZ • Fiscal year 2019 • EIN 81-0299519

Jan 01, 2019 to Dec 31, 2019 • Filed on Feb 04, 2020

905 West 9th StreetLibby, MT 59923

(406) 293-4167

Siviq Scores

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

Liabilities / Assets

68th percentile

0.05x

Higher debt load relative to assets than 68% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

71st percentile

0.05x

Higher debt load relative to revenue than 71% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Net Margin

62nd percentile

7.2%

Higher net margin than 62% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Top Officer Pay

71st percentile

$0

Higher top officer pay than 71% of similar nonprofits.

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

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Asset Growth

68th percentile

12%

Faster asset growth than 68% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

22nd percentile

-14%

Faster revenue growth than 22% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$68,946

Up $7,617 (+12%) from 2018

Net Assets

Up

$65,341

Up $5,644 (+9.5%) from 2018

Liabilities

Up

$3,605

Up $1,973 (+121%) from 2018

Revenue

Down

$78,910

Down $12,931 (-14%) from 2018

Expenses

Down

$73,266

Down $11,912 (-14%) from 2018

Net Income

Down

$5,644

Down $1,019 (-15%) from 2018

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2011: $92,027Liabilities 2011: $5,042Net Assets 2011: $86,9852011Assets 2012: $88,565Liabilities 2012: $5,9482012Assets 2013: $57,638Liabilities 2013: $6,4002013Assets 2014: $46,494Liabilities 2014: $1,3672014Assets 2015: $38,579Liabilities 2015: $1,605Net Assets 2015: $36,9742015Assets 2016: $43,449Liabilities 2016: $1,592Net Assets 2016: $41,8572016Assets 2017: $55,719Liabilities 2017: $2,685Net Assets 2017: $53,0342017Assets 2018: $61,329Liabilities 2018: $1,632Net Assets 2018: $59,6972018Assets 2019: $68,946Liabilities 2019: $3,605Net Assets 2019: $65,3412019Assets 2020: $88,872Liabilities 2020: $2,744Net Assets 2020: $86,1282020Assets 2021: $104,357Liabilities 2021: $3,117Net Assets 2021: $101,2402021Assets 2022: $91,485Liabilities 2022: $1,328Net Assets 2022: $90,1572022Assets 2023: $51,432Liabilities 2023: $941Net Assets 2023: $50,4912023Assets 2024: $132,607Liabilities 2024: $2,151Net Assets 2024: $130,4562024

Highlighted filing

2019

Assets$68,946
Liabilities$3,605
Net Assets$65,341

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $41,113Expenses 2011: $59,251Net Income 2011: -$18,1382011Revenue 2012: $48,849Expenses 2012: $53,217Net Income 2012: -$4,3682012Revenue 2013: $40,175Expenses 2013: $53,384Net Income 2013: -$13,2092013Revenue 2014: $30,709Expenses 2014: $36,701Net Income 2014: -$5,9922014Revenue 2015: $35,343Expenses 2015: $44,067Net Income 2015: -$8,7242015Revenue 2016: $55,052Expenses 2016: $51,192Net Income 2016: $3,8602016Revenue 2017: $175,794Expenses 2017: $170,650Net Income 2017: $5,1442017Revenue 2018: $91,841Expenses 2018: $85,178Net Income 2018: $6,6632018Revenue 2019: $78,910Expenses 2019: $73,266Net Income 2019: $5,6442019Revenue 2020: $138,635Expenses 2020: $117,848Net Income 2020: $20,7872020Revenue 2021: $138,918Expenses 2021: $123,806Net Income 2021: $15,1122021Revenue 2022: $161,952Expenses 2022: $173,035Net Income 2022: -$11,0832022Revenue 2023: $118,283Expenses 2023: $157,949Net Income 2023: -$39,6662023Revenue 2024: $207,599Expenses 2024: $127,634Net Income 2024: $79,9652024

Highlighted filing

2019

Revenue$78,910
Expenses$73,266
Net Income$5,644
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Feb 4, 2020
Return Version
2019v5.0
Gross Receipts
$86,938
Mission and Program Overview

Mission

Unite the efforts of the citizens of libby in promoting the civic, industrial, commercial, agricultural and general welfare of the city and the surrounding economic area.

Program Services

DescriptionGrantsExpenses
TO PROMOTE AND IMPROVE COMMERCE IN THE CITY OF LIBBY AND LINCOLN COUNTY.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KIM PECKBoard Member-$0--
LIZ WHALENPresident-$0--
BRUCE VINCENTSecretary-$0--
LEROY THOMBoard Member-$0--
JAMIE PAULSENBoard Member-$0--
ALYSSA RAMIREZTreasurer-$0--
AMBER PACHECO-HOLMVice Preside-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Banquet$23,327$23,327$1,373$21,954
Total Events$23,327$23,327$8,028$15,299
Filing and Contact Details

Filer

Filer Name
Libby Area Chamber of Commerce
EIN
81-0299519
Phone
4062934167
Address
905 WEST 9TH STREET, LIBBY, MT 59923

Signing Officer

Name
Alyssa Ramirez
Title
Treasurer
Phone
4062934167
Signed
2020-02-04
Discuss with paid preparer
Yes

Preparer

Firm
Melissa I Beck CPA Pc
Address
PO BOX 753, LIBBY, MT 59923
Preparer
Melissa I Beck
Phone
4062937442
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Luncheon income 2,014 miscellaneous income 851 total 2,865

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 4,007 office 1,128 conferences/meetings 927 insurance 1,304 credit card proc fees 44 dues and subscriptions 950 farmer's market expense 4,033 libby bucks expense 15,182 licenses 40 luncheon expense 1,830 miscellaneous 97 retail expense 594 non-investment depreciation 5,281 total 35,417

Form 990-ez, Part II, Line 24

Furniture and equipment 70,598 70,598 less accumulated depreciation 70,560 70,598 total 38 0

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 1,632 3,605

Form 990-ez, Part III

Unite the efforts of the citizens of libby in promoting the civic, industrial, commercial, agricultural and general welfare of the city and the surrounding economic area.

Raw XML Appendix151 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/PrimaryExemptPurposeTxt0UNITE THE EFFORTS OF THE CITIZENS OF LIBBY IN PROMOTING THE CIVIC, INDUSTRIAL, COMMERCIAL, AGRICULTURAL AND GENERAL WELFARE OF THE CITY AND THE SURROUNDING ECONOMIC AREA.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LUNCHEON INCOME 2,014 MISCELLANEOUS INCOME 851 TOTAL 2,865
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING AND PROMOTION 4,007 OFFICE 1,128 CONFERENCES/MEETINGS 927 INSURANCE 1,304 CREDIT CARD PROC FEES 44 DUES AND SUBSCRIPTIONS 950 FARMER'S MARKET EXPENSE 4,033 LIBBY BUCKS EXPENSE 15,182 LICENSES 40 LUNCHEON EXPENSE 1,830 MISCELLANEOUS 97 RETAIL EXPENSE 594 NON-INVESTMENT DEPRECIATION 5,281 TOTAL 35,417
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FURNITURE AND EQUIPMENT 70,598 70,598 LESS ACCUMULATED DEPRECIATION 70,560 70,598 TOTAL 38 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,632 3,605
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UNITE THE EFFORTS OF THE CITIZENS OF LIBBY IN PROMOTING THE CIVIC, INDUSTRIAL, COMMERCIAL, AGRICULTURAL AND GENERAL WELFARE OF THE CITY AND THE SURROUNDING ECONOMIC AREA.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.33$0.02$1.30$2.08$1.28$0.80
2023Detailed filing. Detailed filing data is available for this year.$0.51$0.01$0.50$1.18$1.58$0.40
2022Detailed filing. Detailed filing data is available for this year.$0.91$0.01$0.90$1.62$1.73$0.11
2021Detailed filing. Detailed filing data is available for this year.$1.04$0.03$1.01$1.39$1.24$0.15
2020Detailed filing. Detailed filing data is available for this year.$0.89$0.03$0.86$1.39$1.18$0.21
2019Detailed filing. Detailed filing data is available for this year.$0.69$0.04$0.65$0.79$0.73$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.61$0.02$0.60$0.92$0.85$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.56$0.03$0.53$1.76$1.71$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.43$0.02$0.42$0.55$0.51$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.39$0.02$0.37$0.35$0.44$0.09
2014Summary only. Only limited summary data is available for this year.$0.46$0.01$0.31$0.37$0.06
2013Summary only. Only limited summary data is available for this year.$0.58$0.06$0.40$0.53$0.13
2012Summary only. Only limited summary data is available for this year.$0.89$0.06$0.49$0.53$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.92$0.05$0.87$0.41$0.59$0.18