Civic Intelligence

Ashland Area Economic Development Fund Inc.

990EZ • Fiscal year 2020 • EIN 81-3511552

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 01, 2021

Organization ProfileN/A
206 Claremont Avenue 2nd FloorAshland, OH 44805

(419) 289-3200

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

90th percentile

56%

Higher net margin than 90% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

89th percentile

120%

Faster asset growth than 89% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

93rd percentile

90%

Faster revenue growth than 93% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$9,695

Up $5,297 (+120%) from 2019

Net Assets

Up

$9,695

Up $5,297 (+120%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin90th percentile

Revenue

Up

$9,488

Up $4,488 (+90%) from 2019

Expenses

Down

$4,191

Down $2,479 (-37%) from 2019

Net Income

Up

$5,297

Up $6,967 (+417%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth89th percentile

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

$30K$20K$10K$0Assets 2019: $4,398Liabilities 2019: $0Net Assets 2019: $4,3982019Assets 2020: $9,695Liabilities 2020: $0Net Assets 2020: $9,6952020Assets 2021: $5,682Liabilities 2021: $0Net Assets 2021: $5,6822021Assets 2022: $10,075Liabilities 2022: $0Net Assets 2022: $10,0752022Assets 2023: $5,143Liabilities 2023: $0Net Assets 2023: $5,1432023Assets 2024: $24,811Liabilities 2024: $0Net Assets 2024: $24,8112024

Highlighted filing

2020

Assets$9,695
Liabilities$0
Net Assets$9,695
Open 2020 Filing

Operations Trend

Revenue Growth93rd percentile

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

$40K$20K$0-$20KRevenue 2019: $5,000Expenses 2019: $6,670Net Income 2019: -$1,6702019Revenue 2020: $9,488Expenses 2020: $4,191Net Income 2020: $5,2972020Revenue 2021: $297Expenses 2021: $4,310Net Income 2021: -$4,0132021Revenue 2022: $10,000Expenses 2022: $5,607Net Income 2022: $4,3932022Revenue 2023: $5,001Expenses 2023: $9,933Net Income 2023: -$4,9322023Revenue 2024: $35,731Expenses 2024: $16,063Net Income 2024: $19,6682024

Highlighted filing

2020

Revenue$9,488
Expenses$4,191
Net Income$5,297
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 1, 2021
Return Version
2020v4.1
Gross Receipts
$9,488
Mission and Program Overview

Mission

To help facilitate the success of the community's existing businesses, attract viable companies to the community, and enhance the overall quality of life in the area.

Program Services

DescriptionGrantsExpenses
TO HELP FACILITATE THE SUCCESS OF THE COMMUNITY'S EXISTING BUSINESSES, ATTRACT VIABLE COMPANIES TO THE COMMUNITY, AND ENHANCE THE OVERALL QUALITY OF LIFE IN THE AREA.-$4,191
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
AARON PAULEYDirector-$0--
Governance and Compliance

Governance Explanations

Part VI Section C Line 19

“All such documents are available for public inspection upon request”

Filing and Contact Details

Filer

Filer Name
Ashland Area Economic Development Fund Inc
EIN
81-3511552
In Care Of
% AARON PAULEY
Phone
4192893200
Address
206 CLAREMONT AVENUE 2ND FLOOR, ASHLAND, OH 44805

Signing Officer

Name
Aaron Pauly
Title
Executive Director
Phone
4192893200
Signed
2021-11-01
Discuss with paid preparer
Yes

Preparer

Firm
Baker Bowman & Co
Address
1630 Eagle Way, Ashland, OH 44805-8924
Preparer
Timothy P Baker CPA
Phone
4192893210
Supplemental Narrative

Additional Explanations

Form 990EZ Part I Line 16

“Description:MARKETING Amount:4191”

Raw XML Appendix129 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/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0AARON PAULEY
IRS990EZ/BooksInCareOfDetail/PhoneNum04192893200
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0206 CLAREMONT AVENUE 2ND FLOOR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ASHLAND
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd044805
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt04398
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt09695
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt09488
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt05297
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt04398
IRS990EZ/Form990TotalAssetsGrp/EOYAmt09695
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt09488
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt04398
IRS990EZ/NetAssetsOrFundBalancesEOYAmt09695
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt04398
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt09695
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0AARON PAULEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt04191
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO HELP FACILITATE THE SUCCESS OF THE COMMUNITY'S EXISTING BUSINESSES, ATTRACT VIABLE COMPANIES TO THE COMMUNITY, AND ENHANCE THE OVERALL QUALITY OF LIFE IN THE AREA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO HELP FACILITATE THE SUCCESS OF THE COMMUNITY'S EXISTING BUSINESSES, ATTRACT VIABLE COMPANIES TO THE COMMUNITY, AND ENHANCE THE OVERALL QUALITY OF LIFE IN THE AREA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt04191
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt04191
IRS990EZ/TotalProgramServiceExpensesAmt04191
IRS990EZ/TotalRevenueAmt09488
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt09488
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt05000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0250
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt014738
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt014738
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt09488
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt05000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0250
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt014738
IRS990ScheduleA/TotalSupportAmt014738
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL SUCH DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description:MARKETING Amount:4191
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VI SECTION C LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990EZ PART I LINE 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0AARON PAULY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04192893200
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ASHLAND AREA ECONOMIC DEVELOPMENT FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0ASHL
ReturnHeader/Filer/EIN0813511552
ReturnHeader/Filer/InCareOfNm0% AARON PAULEY
ReturnHeader/Filer/PhoneNum04192893200
ReturnHeader/Filer/USAddress/AddressLine1Txt0206 CLAREMONT AVENUE 2ND FLOOR
ReturnHeader/Filer/USAddress/CityNm0ASHLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd044805
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Baker Bowman & Co
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01630 Eagle Way
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Ashland
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0448058924
ReturnHeader/PreparerPersonGrp/PhoneNum04192893210
ReturnHeader/PreparerPersonGrp/PreparationDt02021-07-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Timothy P Baker CPA
ReturnHeader/ReturnTs02021-11-03T06:36:24-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0AARON
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0PAULY
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,695
Liabilities
$0
Net assets
$9,695
Revenue
$9,488
Expenses
$4,191
Net income
$5,297
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.8$0.00$24.8$35.7$16.1$19.7
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.14$0.00$5.14$5.00$9.93$4.93
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.1$0.00$10.1$10.0$5.61$4.39
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.68$0.00$5.68$0.30$4.31$4.01
2020Detailed filing. Detailed filing data is available for this year.$9.70$0.00$9.70$9.49$4.19$5.30
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.40$0.00$4.40$5.00$6.67$1.67