Civic Intelligence

Spencer Community Economic Development Inc.

990EZ • Fiscal year 2020 • EIN 84-1853926

Jan 01, 2020 to Dec 31, 2020 • Filed on Feb 15, 2021

49225 903rd RoadSpencer, NE 68777

(402) 340-1705

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

9th percentile

-86%

Higher net margin than 9% 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

13th percentile

-34%

Faster asset growth than 13% of similar nonprofits.

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

Revenue Growth

13th percentile

-68%

Faster revenue growth than 13% of similar nonprofits.

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

Assets

Down

$4,861

Down $2,507 (-34%) from 2019

Net Assets

Down

$4,861

Down $2,507 (-34%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$2,915

Down $6,109 (-68%) from 2019

Expenses

Up

$5,422

Up $3,766 (+227%) from 2019

Net Income

Down

-$2,507

Down $9,875 (-134%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2019: $7,368Net Assets 2019: $7,3682019Assets 2020: $4,861Net Assets 2020: $4,8612020Assets 2021: $56,571Net Assets 2021: $56,5712021Assets 2022: $90,485Net Assets 2022: $90,4852022Assets 2023: $1,138,774Liabilities 2023: $0Net Assets 2023: $1,138,7742023Assets 2024: $1,152,886Liabilities 2024: $0Net Assets 2024: $1,152,8862024

Highlighted filing

2020

Assets$4,861
Liabilities-
Net Assets$4,861

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2019: $9,024Expenses 2019: $1,656Net Income 2019: $7,3682019Revenue 2020: $2,915Expenses 2020: $5,422Net Income 2020: -$2,5072020Revenue 2021: $61,310Expenses 2021: $9,600Net Income 2021: $51,7102021Revenue 2022: $56,900Expenses 2022: $22,986Net Income 2022: $33,9142022Revenue 2023: $1,073,586Expenses 2023: $25,297Net Income 2023: $1,048,2892023Revenue 2024: $26,798Expenses 2024: $12,686Net Income 2024: $14,1122024

Highlighted filing

2020

Revenue$2,915
Expenses$5,422
Net Income-$2,507
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Feb 15, 2021
Return Version
2020v4.0
Gross Receipts
$2,915
Mission and Program Overview

Mission

To promote economic development in Spencer, NE

Program Services

DescriptionGrantsExpenses
To promote economic development in Spencer, NE$3,854-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Molly SwansonDirector-$0--
Carol EilersPresident-$0--
Melanie BlackSecretary-$0--
Tracy BirmeierTreasurer-$0--
Breg FinneganDirector-$0--
Tracy GoeschDirector-$0--
Leslie NielsenDirector-$0--
Jamie HaunVice President-$0--
Filing and Contact Details

Filer

Filer Name
Spencer Community Economic
EIN
84-1853926
Phone
4023401705
Address
49225 903rd Road, Spencer, NE 68777

Signing Officer

Name
Carol Eilers
Title
President
Signed
2021-02-15
Discuss with paid preparer
Yes

Preparer

Firm
Kaups Financial Advisors Inc
Address
113 N Main St, Stuart, NE 68780
Preparer
Chaney Black CPA
Phone
4029243607
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $165

Other Expenses.1002

Office Expenses $11

Other Expenses.1

Fundraising Expenses $3678

Raw XML Appendix158 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/BooksInCareOfDetail/USAddress/CityNm0Spencer
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NE
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd068777
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Vice President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt03854
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To promote economic development in Spencer, NE
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt03854
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt09024
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IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $11
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
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ReturnHeader/Filer/EIN0841853926
ReturnHeader/Filer/PhoneNum04023401705
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0113 N Main St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Stuart
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd068780
ReturnHeader/PreparerPersonGrp/PhoneNum04029243607
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Chaney Black CPA
ReturnHeader/ReturnTs02021-02-15T09:21:18-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Carol
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Eilers
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • <$500k nonprofits