Civic Intelligence

Ray Association of Commerce

990EZ • Fiscal year 2022 • EIN 85-1883770

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 14, 2023

Organization ProfileN/A
PO Box 153Ray, ND 58849

(701) 568-3318

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 2022

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2022

Net Margin

92nd percentile

47%

Higher net margin than 92% of similar nonprofits.

2022 filings • NTEE S41 • <$500k nonprofits • Source year 2022

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

2022 filings • NTEE S41 • <$500k nonprofits • Source year 2022

Asset Growth

87th percentile

47%

Faster asset growth than 87% of similar nonprofits.

2022 filings • NTEE S41 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

14th percentile

-25%

Faster revenue growth than 14% of similar nonprofits.

2022 filings • NTEE S41 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$64,664

Up $20,564 (+47%) from 2021

Net Assets

Up

$64,664

Up $20,564 (+47%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin92nd percentile

Revenue

Down

$58,771

Down $19,645 (-25%) from 2021

Expenses

Down

$30,907

Down $37,660 (-55%) from 2021

Net Income

Up

$27,864

Up $18,015 (+183%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth87th percentile

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

$80K$60K$40K$20K$0Assets 2021: $44,100Net Assets 2021: $44,1002021Assets 2022: $64,664Net Assets 2022: $64,6642022Assets 2023: $43,838Liabilities 2023: $02023

Highlighted filing

2022

Assets$64,664
Liabilities-
Net Assets$64,664
Open 2022 Filing

Operations Trend

Revenue Growth14th percentile

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

$100K$50K$0-$50KRevenue 2021: $78,416Expenses 2021: $68,567Net Income 2021: $9,8492021Revenue 2022: $58,771Expenses 2022: $30,907Net Income 2022: $27,8642022Revenue 2023: $46,309Expenses 2023: $67,135Net Income 2023: -$20,8262023

Highlighted filing

2022

Revenue$58,771
Expenses$30,907
Net Income$27,864
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$58,771
Mission and Program Overview

Mission

To promote the city and businesses of ray.

Program Services

DescriptionGrantsExpenses
THE RAY CHAMBER PROVIDES NUMEROUS ACTIVITIES THROUGHTOUT THE YEAR FOR THE CITY OF RAY THAT INCLUDES TRIVIA NIGHT, WINE WALK, GRAIN PALACE DAYS COOK OFF, EASTER EGG HUNT, CHRISTMAS PARTY, HARVEST HOEDOWN, CHAMBER BINGO.-$30,907
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
AMANDA WEYRAUCHPresident-$0--
JESSICA ZIEBARTHVice-President-$0--
TARYN BERGSTROMSecretary-$0--
LISA OLSONTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Ray Assocation of Commerce
EIN
85-1883770
Phone
7015683318
Address
PO Box 153, RAY, ND 58849

Signing Officer

Name
Lisa Olson
Title
Treasurer
Phone
7015683318
Signed
2023-11-14
Discuss with paid preparer
Yes

Preparer

Firm
HAUGE KAVON and ASSOCIATES PC
Address
PO BOX 386, RAY, ND 58849-0386
Preparer
Howard Kavon CPA
Phone
7015683318
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

“Programs Costs 30,285”

Form 990-EZ, Part I, Line 16, Other Expenses

“Business Registration 15”

Form 990-EZ, Part I, Line 20, Net Assets

“Correct beginning balance on initially filed 2021 tax return. -7,300”

Raw XML Appendix143 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/ApplicationPendingInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0LISA OLSON
IRS990EZ/BooksInCareOfDetail/PhoneNum07016413001
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 153
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0RAY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ND
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0588490153
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt044100
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt064664
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt03446
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt027864
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0545
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt044100
IRS990EZ/Form990TotalAssetsGrp/EOYAmt064664
IRS990EZ/GrossReceiptsAmt058771
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt044100
IRS990EZ/NetAssetsOrFundBalancesEOYAmt064664
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt044100
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt064664
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0AMANDA WEYRAUCH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JESSICA ZIEBARTH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2TARYN BERGSTROM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LISA OLSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE-PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0-7300
IRS990EZ/OtherExpensesTotalAmt030300
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE THE CITY AND BUSINESSES OF RAY.
IRS990EZ/PrintingPublicationsPostageAmt062
IRS990EZ/ProgramServiceRevenueAmt055325
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE RAY CHAMBER PROVIDES NUMEROUS ACTIVITIES THROUGHTOUT THE YEAR FOR THE CITY OF RAY THAT INCLUDES TRIVIA NIGHT, WINE WALK, GRAIN PALACE DAYS COOK OFF, EASTER EGG HUNT, CHRISTMAS PARTY, HARVEST HOEDOWN, CHAMBER BINGO.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt030907
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt030907
IRS990EZ/TotalProgramServiceExpensesAmt030907
IRS990EZ/TotalRevenueAmt058771
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt058771
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt078416
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt017542
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt06495
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt08223
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0169447
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0169447
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt058771
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt078416
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt017542
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt06495
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt08223
IRS990ScheduleA/Total509Grp/TotalAmt0169447
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt058771
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt078416
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt017542
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt06495
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt08223
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0169447
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Programs Costs 30,285
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Business Registration 15
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Correct beginning balance on initially filed 2021 tax return. -7,300
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 20, Net Assets
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LISA OLSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum07015683318
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RAY ASSOCATION OF COMMERCE
ReturnHeader/Filer/BusinessNameControlTxt0RAYA
ReturnHeader/Filer/EIN0851883770
ReturnHeader/Filer/PhoneNum07015683318
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 153
ReturnHeader/Filer/USAddress/CityNm0RAY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ND
ReturnHeader/Filer/USAddress/ZIPCd058849
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0273090027
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HAUGE KAVON and ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 386
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0588490386
ReturnHeader/PreparerPersonGrp/PhoneNum07015683318
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HOWARD KAVON CPA
ReturnHeader/ReturnTs02023-11-14T12:41:52-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LISA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0OLSON
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$64,664
Liabilities
-
Net assets
$64,664
Revenue
$58,771
Expenses
$30,907
Net income
$27,864
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$43.8$0.00$46.3$67.1$20.8
2022Detailed filing. Detailed filing data is available for this year.$64.7$64.7$58.8$30.9$27.9
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$44.1$44.1$78.4$68.6$9.85
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • <$500k nonprofits