Civic Intelligence

Ray Assocation of Commerce

EIN 85-1883770 • 501(c)3 • Ray, ND

Profile

To promote the city and businesses of ray.

PO Box 153Ray, ND 58849

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2023

Net Margin

11th percentile

-45%

Higher net margin than 11% of similar nonprofits.

NTEE S41 • <$500k nonprofits • Source year 2023

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

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

NTEE S41 • <$500k nonprofits • Source year 2023

Asset Growth

15th percentile

-32%

Faster asset growth than 15% of similar nonprofits.

NTEE S41 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

23rd percentile

-21%

Faster revenue growth than 23% of similar nonprofits.

NTEE S41 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$43,838

Down $20,826 (-32%) from 2022

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

-

No earlier filing loaded for comparison.

Operations
Liabilities / RevenueScore unavailableNet Margin11th percentile

Revenue

Down

$46,309

Down $12,462 (-21%) from 2022

Expenses

Up

$67,135

Up $36,228 (+117%) from 2022

Net Income

Down

-$20,826

Down $48,690 (-175%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth15th percentile

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

$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

2023

Assets$43,838
Liabilities$0
Net Assets-
Open 2023 Filing

Operations Trend

Revenue Growth23rd percentile

Revenue, expenses, and net income by year, with the latest 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

2023

Revenue$46,309
Expenses$67,135
Net Income-$20,826
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZSummary only. Only limited summary data is available for this year.

Open filing
Assets
$43,838
Liabilities
$0
Net assets
-
Revenue
$46,309
Expenses
$67,135
Net income
-$20,826
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
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2022 below.

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 Pay83rd 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.

Peer Organizations

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