Liabilities / Assets
61st percentile
Higher debt load relative to assets than 61% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.01x
Liabilities / Revenue
60th percentile
Higher debt load relative to revenue than 60% of similar nonprofits.
Net Margin
96th percentile
Higher net margin than 96% of similar nonprofits.
Top Officer Pay
80th percentile
Higher top officer pay than 80% of similar nonprofits.
Top officer pay equals 4.4% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$143,858
No earlier filing loaded for comparison.
Net Assets
$143,084
No earlier filing loaded for comparison.
Liabilities
$774
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$188,341
No earlier filing loaded for comparison.
Expenses
$46,503
No earlier filing loaded for comparison.
Net Income
$141,838
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2018 to Dec 31, 2018
- Signed
- Jun 6, 2019
- Return Version
- 2018v3.1
- Gross Receipts
- $188,341
Mission and Program Overview
Mission
We serve as a pilot to help develop educational programs for the Paducah Innovations Hub as well as Entreprenuerial Innovations in the region.
We serve as a pilot to help develop educational programs for the paducah innovation hub as well as entrepreneurial innovations in the region.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| EDUCATIONAL PROGRAMS THAT PROMOTE ENTREPRENEURSHIP AND COMMUNITY LEARNING DEVELOPED AND HOSTED BY SPROCKET. | $0 | $32,508 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MONICA BILAK | Board Chair | - | $8,332 | - | $8,332 |
| MICHAEL RAMAGE | Board Member | - | $0 | - | - |
| SUSAN BAIER | Board Member | - | $0 | - | - |
| JUSTIN HANCOCK | Board Member | - | $0 | - | - |
| PATRICK BRUMLEY | Board Member | - | $0 | - | - |
| JULIE TENNYSON | Board Member | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Sprocket Inc
- EIN
- 82-2967525
- Phone
- 2709085772
- Address
- 3121 BROADWAY, PADUCAH, KY 42001
Signing Officer
- Name
- Monica Bilak
- Title
- Director
- Phone
- 2709085772
- Signed
- 2019-06-06
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Williams Williams & Lentz Llp
- Address
- 601 JEFFERSON, PADUCAH, KY 42001-1003
- Preparer
- Benjamin D Teer
- Phone
- 2704433643
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8 - Other Revenue
“Description: miscellaneous products. Amount: 1,602. Description: donated equipment. Amount: 3,899. Total to form 990-ez, line 8: 5,501.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: sales and use tax. Amount: 375. Description: supplies. Amount: 4,641. Description: marketing. Amount: 400. Description: bank fees. Amount: 361. Description: food. Amount: 227. Description: travel. Amount: 423. Description: depreciation. Amount: 557. Total to form 990-ez, line 16: 6,984.”
Form 990-ez Part I Line 9 and 17
“The organization received donated supplies and small equipment totaling $16,425 that has been excluded from total revenues and total expenses.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: pledges receivable. Beg. Of year amount: 0. End of year amount: 70,000. Description: other depreciable assets. Beg. Of year amount: 0. End of year amount: 3,342.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: payroll liabilities. Beg. Of year amount: 0. End of year amount: 774.”
Raw XML Appendix163 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/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | ORGANIZATION |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2709085772 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3121 BROADWAY |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | PADUCAH |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | KY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 42001 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 1246 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 70516 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 170926 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 141838 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 14563 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 1246 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 143858 |
| IRS990EZ/GrossReceiptsAmt | 0 | 188341 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 1246 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 143084 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 1246 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 143084 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 6631 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 8332 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | MONICA BILAK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | MICHAEL RAMAGE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | SUSAN BAIER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | JUSTIN HANCOCK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | PATRICK BRUMLEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | JULIE TENNYSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | BOARD CHAIR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 73342 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 6984 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 5501 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | WE SERVE AS A PILOT TO HELP DEVELOP EDUCATIONAL PROGRAMS FOR THE PADUCAH INNOVATION HUB AS WELL AS ENTREPRENEURIAL INNOVATIONS IN THE REGION. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 170 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 11914 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | EDUCATIONAL PROGRAMS THAT PROMOTE ENTREPRENEURSHIP AND COMMUNITY LEARNING DEVELOPED AND HOSTED BY SPROCKET. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 32508 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 18155 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 774 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 46503 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 32508 |
| IRS990EZ/TotalRevenueAmt | 0 | 188341 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | SPROCKETPADUCAH.COM |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 174825 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 174825 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 13516 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 174825 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 174825 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 174825 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 174825 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: MISCELLANEOUS PRODUCTS. AMOUNT: 1,602. DESCRIPTION: DONATED EQUIPMENT. AMOUNT: 3,899. TOTAL TO FORM 990-EZ, LINE 8: 5,501. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: SALES AND USE TAX. AMOUNT: 375. DESCRIPTION: SUPPLIES. AMOUNT: 4,641. DESCRIPTION: MARKETING. AMOUNT: 400. DESCRIPTION: BANK FEES. AMOUNT: 361. DESCRIPTION: FOOD. AMOUNT: 227. DESCRIPTION: TRAVEL. AMOUNT: 423. DESCRIPTION: DEPRECIATION. AMOUNT: 557. TOTAL TO FORM 990-EZ, LINE 16: 6,984. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE ORGANIZATION RECEIVED DONATED SUPPLIES AND SMALL EQUIPMENT TOTALING $16,425 THAT HAS BEEN EXCLUDED FROM TOTAL REVENUES AND TOTAL EXPENSES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: PLEDGES RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 70,000. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 3,342. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DESCRIPTION: PAYROLL LIABILITIES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 774. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ PART I LINE 9 AND 17 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2019-02-21 02:37:17Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MONICA BILAK |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2709085772 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-06-06 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | SPROCKET INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SPRO |
| ReturnHeader/Filer/EIN | 0 | 822967525 |
| ReturnHeader/Filer/PhoneNum | 0 | 2709085772 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 3121 BROADWAY |
| ReturnHeader/Filer/USAddress/CityNm | 0 | PADUCAH |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | KY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 42001 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | EC01473E627305E208F987BA1EC18830EDB40EBF |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | EC01473E627305E208F987BA1EC18830EDB40EBF |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 40.136.32.158 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2019-06-06 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 09:41:28 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 610481842 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | WILLIAMS WILLIAMS & LENTZ LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 601 JEFFERSON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | PADUCAH |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | KY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 420011003 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2704433643 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2019-06-06 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | BENJAMIN D TEER |
| ReturnHeader/ReturnTs | 0 | 2019-06-07T10:35:15-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2018-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-12-31 |
| ReturnHeader/TaxYr | 0 | 2018 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $143,858
- Liabilities
- $774
- Net assets
- $143,084
- Revenue
- $188,341
- Expenses
- $46,503
- Net income
- $141,838