Civic Intelligence

Henderson Chamber of Commerce Foundation Inc.

990 • Fiscal year 2014 • EIN 88-0358312

Jul 01, 2013 to Jun 30, 2014 • Filed on Oct 01, 2014

590 S Boulder Highway89015-7512

(702) 992-7272

Siviq Scores

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

Liabilities / Assets

57th percentile

0.09x

Higher debt load relative to assets than 57% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

70th percentile

0.17x

Higher debt load relative to revenue than 70% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

43rd percentile

0.7%

Higher net margin than 43% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

92nd percentile

$127,375

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 48.0% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

41st percentile

-0.3%

Faster asset growth than 41% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$520,469

Down $1,316 (-0.3%) from 2013

Net Assets

Down

$476,062

Down $6,160 (-1.3%) from 2013

Liabilities

Up

$44,407

Up $4,844 (+12%) from 2013

Revenue

$265,438

No earlier filing loaded for comparison.

Expenses

Up

$263,570

Up $29,903 (+13%) from 2013

Net Income

$1,868

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $547,315Liabilities 2011: $11,918Net Assets 2011: $535,3972011Assets 2012: $528,506Liabilities 2012: $34,170Net Assets 2012: $494,3362012Assets 2013: $521,785Liabilities 2013: $39,563Net Assets 2013: $482,2222013Assets 2014: $520,469Liabilities 2014: $44,407Net Assets 2014: $476,0622014Assets 2015: $501,518Liabilities 2015: $49,905Net Assets 2015: $451,6132015Assets 2016: $512,526Liabilities 2016: $36,570Net Assets 2016: $475,9562016Assets 2017: $544,077Liabilities 2017: $44,946Net Assets 2017: $499,1312017Assets 2018: $572,040Liabilities 2018: $49,025Net Assets 2018: $523,0152018Assets 2019: $572,003Liabilities 2019: $49,359Net Assets 2019: $522,6442019Assets 2020: $497,651Liabilities 2020: $45,779Net Assets 2020: $451,8722020Assets 2021: $568,555Liabilities 2021: $71,658Net Assets 2021: $496,8972021Assets 2022: $544,478Liabilities 2022: $165,567Net Assets 2022: $378,9112022Assets 2023: $505,591Liabilities 2023: $132,733Net Assets 2023: $372,8582023Assets 2024: $467,826Liabilities 2024: $132,194Net Assets 2024: $335,6322024Assets 2025: $381,795Liabilities 2025: $98,158Net Assets 2025: $283,6372025

Highlighted filing

2014

Assets$520,469
Liabilities$44,407
Net Assets$476,062

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $214,4892011Expenses 2012: $224,0022012Expenses 2013: $233,6672013Revenue 2014: $265,438Expenses 2014: $263,570Net Income 2014: $1,8682014Revenue 2015: $277,497Expenses 2015: $305,874Net Income 2015: -$28,3772015Revenue 2016: $304,684Expenses 2016: $295,659Net Income 2016: $9,0252016Revenue 2017: $338,109Expenses 2017: $314,934Net Income 2017: $23,1752017Revenue 2018: $348,455Expenses 2018: $324,571Net Income 2018: $23,8842018Revenue 2019: $337,477Expenses 2019: $337,848Net Income 2019: -$3712019Revenue 2020: $245,107Expenses 2020: $315,879Net Income 2020: -$70,7722020Revenue 2021: $236,625Expenses 2021: $191,600Net Income 2021: $45,0252021Revenue 2022: $167,969Expenses 2022: $285,955Net Income 2022: -$117,9862022Revenue 2023: $405,476Expenses 2023: $411,529Net Income 2023: -$6,0532023Revenue 2024: $390,603Expenses 2024: $427,829Net Income 2024: -$37,2262024Revenue 2025: $482,859Expenses 2025: $534,854Net Income 2025: -$51,9952025

Highlighted filing

2014

Revenue$265,438
Expenses$263,570
Net Income$1,868
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Oct 1, 2014
Return Version
2013v4.0
Gross Receipts
$265,438
Mission and Program Overview

Mission

The henderson chamber of commerce foundation promotes and supports philanthropy, leadership development and educational programming through volunteerism and charitable giving.

Provide small business development assistance to strengthen and diversify the city of henderson's economy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$315,420$295,688▼ $19,732
Savings and Temporary Cash Investments$129,636$166,286▲ $36,650
Investments in Publicly Traded Securities$60,025$51,997▼ $8,028
Cash and Non-Interest-Bearing Accounts$11,712$5,542▼ $6,170
Prepaid Expenses and Deferred Charges$4,992$956▼ $4,036
Total Assets$521,785$520,469▼ $1,316
Liabilities
Other Liabilities$22,056$33,366▲ $11,310
Accounts Payable and Accrued Expenses$6,283$5,748▼ $535
Mortgage Notes Payable Secured by Investment Property$11,224$5,293▼ $5,931
Total Liabilities$39,563$44,407▲ $4,844
Net Assets / Fund Balance
Unrestricted Net Assets$482,222$476,062▼ $6,160
Total Net Assets Fund Balance$482,222$476,062▼ $6,160
Total Liabilities and Net Assets / Fund Balance$521,785$520,469▼ $1,316

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$288,085$121,262$409,347
Other Land Buildings$1,636$77,687$79,323
Equipment$5,967$19,234$25,201
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Scott MuelrathCEOPT$127,375$127,375

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$19,520
Program Service Revenue
$241,341
Investment Income
$167
Other Revenue
$4,410
All Other Contributions
$19,520
Change in Net Assets
$1,868
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$150,272
Salaries, Compensation, and Employee Benefits$113,298
Total Fundraising Expense$10,925
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$82,623$14,919$7,460$105,002
Occupancy$33,280$1,789$716$35,785
Depreciation Depletion$18,351$987$395$19,733
Office Expenses$6,665$1,204$602$8,471
Payroll Taxes$6,528$1,179$589$8,296
Insurance$6,669$359$143$7,171
Fees for Services Accounting$4,091$739$369$5,199
Fees for Services Other$3,883$701$351$4,935
Advertising-$3,258-$3,258
Fees for Services Management$2,016$364$182$2,562
Information Technology$854$154$77$1,085
Interest-$595-$595
Other Expenses$173$31$16$220
Total Functional Expenses$223,327$29,318$10,925$263,570
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Revenue$24,000
Rent Deposits$9,366
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
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 executive board is forwarded the draft of the form 990 and given a period of time to review the return before it is approved by the ceo and filed.

Form 990, Page 6, Part VI, Line 12C

Board members are given the conflict of interest policy annually at board meetings and asked to disclose and potential conflicts of interest.

Form 990, Page 6, Part VI, Line 15A

Compensation for comparable positions is used by the board of directors to determine the compensation for the ceo.

Form 990, Page 6, Part VI, Line 15B

Compensation for comparable positions is used by the board of directors to determine the compensation for other officers or key employees.

Form 990, Page 6, Part VI, Line 19

Governing documents are maintained at the henderson chamber of commerce, a related organization, and are made available to the public upon request.

Filing and Contact Details

Filer

EIN
88-0358312
Phone
7029927272

Signing Officer

Name
Scott Muelrath
Title
CEO & Executive Director
Phone
7029927272
Signed
2014-10-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Muelrath
Formed
1996
Legal Domicile
Nv
Voting Board Members
15
Independent Board Members
15
Employees
2
Volunteers
125

Preparer

Preparer
Katie Hampton
Phone
7022699992
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IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0PROGRAM SUPPLIES
IRS990/OtherExpensesGrp/Desc1TAXES AND LICENSES
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3EQUIPMENT RENTAL
IRS990/OtherExpensesGrp/FundraisingAmt025
IRS990/OtherExpensesGrp/FundraisingAmt116
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02976
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt163
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt231
IRS990/OtherExpensesGrp/ProgramServicesAmt056544
IRS990/OtherExpensesGrp/ProgramServicesAmt11172
IRS990/OtherExpensesGrp/ProgramServicesAmt2478
IRS990/OtherExpensesGrp/ProgramServicesAmt3173
IRS990/OtherExpensesGrp/TotalAmt059520
IRS990/OtherExpensesGrp/TotalAmt11260
IRS990/OtherExpensesGrp/TotalAmt2478
IRS990/OtherExpensesGrp/TotalAmt3220
IRS990/OtherLiabilitiesGrp/BOYAmt022056
IRS990/OtherLiabilitiesGrp/EOYAmt033366
IRS990/OtherRevenueMiscGrp/BusinessCd0812900
IRS990/OtherRevenueMiscGrp/Desc0OTHER
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt04410
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04410
IRS990/OtherRevenueTotalAmt04410
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt07460
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt014919
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt082623
IRS990/OtherSalariesAndWagesGrp/TotalAmt0105002
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0589
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01179
IRS990/PayrollTaxesGrp/ProgramServicesAmt06528
IRS990/PayrollTaxesGrp/TotalAmt08296
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04992
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0956
IRS990/PrincipalOfficerNm0SCOTT MUELRATH
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0541900
IRS990/ProgramServiceRevenueGrp/BusinessCd1531190
IRS990/ProgramServiceRevenueGrp/Desc0SEMINARS
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0152036
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt189305
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0152036
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt189305
IRS990/ProgSrvcAccomActy2Grp/Desc0LEADERSHIP HENDERSON IS A PROGRAM DEVOTED TO EDUCATING AND EMPOWERING CIVIC-MINDED PROFESSIONALS WITH THE GOAL OF BUILDING AND MAINTAINING A STRONG NETWORK OF EFFECTIVE COMMUNITY LEADERS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt083521
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0152036
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt020014
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0126
IRS990/PYOtherExpensesAmt0130106
IRS990/PYOtherRevenueAmt013864
IRS990/PYProgramServiceRevenueAmt0171810
IRS990/PYRevenuesLessExpensesAmt0-27853
IRS990/PYSalariesCompEmpBnftPaidAmt0103561
IRS990/PYTotalExpensesAmt0233667
IRS990/PYTotalRevenueAmt0205814
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt01868
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt089305
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0129636
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0166286
IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt0OTHER INCOME 0
IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc0PART II, LINE 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt019520
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt020014
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt022010
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt022830
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt020000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0104374
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0167
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0126
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0384
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0957
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01068
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02702
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0245751
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0185674
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0157234
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0165524
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0198088
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0952271
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0167
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0126
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0384
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0957
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01068
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02702
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99740
IRS990ScheduleA/PublicSupportPY509Pct00.93670
IRS990ScheduleA/PublicSupportTotal509Amt01056645
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0265271
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0205688
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0179244
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0188354
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0218088
IRS990ScheduleA/Total509Grp/TotalAmt01056645
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0265438
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0205814
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0179628
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0189311
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0219156
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01059347
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt05967
IRS990ScheduleD/EquipmentGrp/DepreciationAmt019234
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt025201
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0288085
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0121262
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0409347
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01636
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt077687
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt079323

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.82$0.98$2.84$4.83$5.35$0.52
2024Detailed filing. Detailed filing data is available for this year.$4.68$1.32$3.36$3.91$4.28$0.37
2023Detailed filing. Detailed filing data is available for this year.$5.06$1.33$3.73$4.05$4.12$0.06
2022Detailed filing. Detailed filing data is available for this year.$5.44$1.66$3.79$1.68$2.86$1.18
2021Detailed filing. Detailed filing data is available for this year.$5.69$0.72$4.97$2.37$1.92$0.45
2020Detailed filing. Detailed filing data is available for this year.$4.98$0.46$4.52$2.45$3.16$0.71
2019Detailed filing. Detailed filing data is available for this year.$5.72$0.49$5.23$3.37$3.38$0.00
2018Detailed filing. Detailed filing data is available for this year.$5.72$0.49$5.23$3.48$3.25$0.24
2017Detailed filing. Detailed filing data is available for this year.$5.44$0.45$4.99$3.38$3.15$0.23
2016Detailed filing. Detailed filing data is available for this year.$5.13$0.37$4.76$3.05$2.96$0.09
2015Detailed filing. Detailed filing data is available for this year.$5.02$0.50$4.52$2.77$3.06$0.28
2014Detailed filing. Detailed filing data is available for this year.$5.20$0.44$4.76$2.65$2.64$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.22$0.40$4.82$2.34
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.29$0.34$4.94$2.24
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.47$0.12$5.35$2.14