Civic Intelligence

Thermopolis Hot Springs Economic Development Company

EIN 83-0287383 • 501(c)6 • Thermopolis, WY

Revoked

Profile

ECONOMIC DEVELOPMENT

Revocation date: May 15, 2024

420 BroadwayThermopolis, WY 82443

n/A

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

51st percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2020

Net Margin

1st percentile

-3416%

Higher net margin than 1% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

47th percentile

-2.8%

Faster asset growth than 47% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$29,536

Down $854 (-2.8%) from 2019

Liabilities

Flat

$0

Flat from 2019

Net Assets

Down

$29,536

Down $854 (-2.8%) from 2019

Revenue

Down

$25

Down $8,338 (-100%) from 2019

Expenses

Down

$879

Down $34,489 (-98%) from 2019

Net Income

Up

-$854

Up $26,151 (+97%) from 2019

Trend Graphs

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $389,234Liabilities 2011: $261,292Net Assets 2011: $127,9422011Assets 2012: $389,234Liabilities 2012: $261,292Net Assets 2012: $127,9422012Assets 2013: $334,402Liabilities 2013: $265,280Net Assets 2013: $69,1222013Assets 2014: $304,783Liabilities 2014: $255,439Net Assets 2014: $49,3442014Assets 2015: $270,013Liabilities 2015: $255,439Net Assets 2015: $14,5742015Assets 2016: $140,684Liabilities 2016: $0Net Assets 2016: $140,6842016Assets 2017: $109,347Liabilities 2017: $0Net Assets 2017: $109,3472017Assets 2018: $57,395Liabilities 2018: $0Net Assets 2018: $57,3952018Assets 2019: $30,390Liabilities 2019: $0Net Assets 2019: $30,3902019Assets 2020: $29,536Liabilities 2020: $0Net Assets 2020: $29,5362020

Highlighted filing

2020

Assets$29,536
Liabilities$0
Net Assets$29,536

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $43,084Expenses 2011: $65,062Net Income 2011: -$21,9782011Revenue 2012: $43,084Expenses 2012: $65,062Net Income 2012: -$21,9782012Revenue 2013: $25,435Expenses 2013: $51,115Net Income 2013: -$25,6802013Revenue 2014: $26,584Expenses 2014: $46,363Net Income 2014: -$19,7792014Revenue 2015: $22,381Expenses 2015: $57,151Net Income 2015: -$34,7702015Revenue 2016: $190,864Expenses 2016: $64,754Net Income 2016: $126,1102016Revenue 2017: $3,702Expenses 2017: $35,039Net Income 2017: -$31,3372017Revenue 2018: $3,274Expenses 2018: $55,226Net Income 2018: -$51,9522018Revenue 2019: $8,363Expenses 2019: $35,368Net Income 2019: -$27,0052019Revenue 2020: $25Expenses 2020: $879Net Income 2020: -$8542020

Highlighted filing

2020

Revenue$25
Expenses$879
Net Income-$854

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 5, 2021
Return Version
2020v4.0
Gross Receipts
$25
Mission and Program Overview

Mission

ECONOMIC DEVELOPMENT

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$30,390$29,536▼ $854
Total Assets$30,390$29,536▼ $854
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$30,390$29,536▼ $854
Total Net Assets Fund Balance$30,390$29,536▼ $854
Total Liabilities and Net Assets / Fund Balance$30,390$29,536▼ $854

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$3,961$3,961
Compensation and Service Providers

Board Members and Trustees

NameTitle
Anthony BarnettPresident
Dusty LewisSecretary
Brad BasseTreasurer
Tobi JohansenVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$24
Other Revenue
$1
Change in Net Assets
$-854
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$879
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting---$830
Other Expenses---$31
Office Expenses---$18
Total Functional Expenses$0$0$0$879
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
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, Page 6, Part VI, Line 11B

The 990 return was available at a board meeting for all directors to review prior to filing

Form 990, Page 6, Part VI, Line 19

All public documents are made available upon request by walk-in basis, phone, or other methods of request

Filing and Contact Details

Filer

Filer Name
Thermopolis-hsc Economic Developmen
EIN
83-0287383
Phone
3078642348
Address
420 BROADWAY, THERMOPOLIS, WY 82443

Signing Officer

Name
Anthony Barnett
Title
President
Phone
3078643173
Signed
2021-04-05

Organization Details

Principal Officer
Anthony Barnett
Formed
2001
Legal Domicile
Wy
Voting Board Members
4
Independent Board Members
4
Employees
0

Preparer

Firm
Koerwitz Michel Wright & Assoc Pc
Address
PO BOX 1362, THERMOPOLIS, WY 82443
Preparer
Jacqueline M Michel
Phone
3078643173
Raw XML Appendix239 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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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
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IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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