Civic Intelligence

Covington Chamber of Commerce Po Box 8041

990EZ • Fiscal year 2019 • EIN 91-1571550

Jan 01, 2019 to Dec 31, 2019 • Filed on Feb 21, 2020

PO Box 8041Maple Valley, WA 98038

(253) 639-0494

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.01x

Higher debt load relative to assets than 52% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

52nd percentile

0.00x

Higher debt load relative to revenue than 52% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Net Margin

86th percentile

23%

Higher net margin than 86% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Top Officer Pay

82nd percentile

$40,272

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 41.5% of source-year revenue.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Asset Growth

88th percentile

40%

Faster asset growth than 88% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

78th percentile

18%

Faster revenue growth than 78% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$77,709

Up $22,170 (+40%) from 2018

Net Assets

Up

$77,290

Up $22,607 (+41%) from 2018

Liabilities

Down

$419

Down $437 (-51%) from 2018

Revenue

Up

$96,926

Up $14,744 (+18%) from 2018

Expenses

Up

$74,405

Up $11,879 (+19%) from 2018

Net Income

Up

$22,521

Up $2,865 (+15%) from 2018

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2010: $29,055Liabilities 2010: $15,7322010Assets 2011: $55,749Liabilities 2011: $7,7902011Assets 2012: $65,248Liabilities 2012: $2,7142012Assets 2013: $75,360Liabilities 2013: $2,3802013Assets 2014: $10,609Liabilities 2014: $413Net Assets 2014: $10,1962014Assets 2015: $0Net Assets 2015: $15,3842015Assets 2016: $33,326Liabilities 2016: $1,187Net Assets 2016: $32,1392016Assets 2017: $38,138Liabilities 2017: $3,111Net Assets 2017: $35,0272017Assets 2018: $55,539Liabilities 2018: $856Net Assets 2018: $54,6832018Assets 2019: $77,709Liabilities 2019: $419Net Assets 2019: $77,2902019Assets 2020: $102,556Liabilities 2020: $573Net Assets 2020: $101,9832020Assets 2021: $120,532Liabilities 2021: $8,430Net Assets 2021: $112,1022021Assets 2022: $132,696Liabilities 2022: $5,188Net Assets 2022: $127,5082022Assets 2023: $107,115Liabilities 2023: $5,5372023

Highlighted filing

2019

Assets$77,709
Liabilities$419
Net Assets$77,290

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2010: $68,930Expenses 2010: $85,251Net Income 2010: -$16,3212010Revenue 2011: $84,031Expenses 2011: $49,395Net Income 2011: $34,6362011Revenue 2012: $90,547Expenses 2012: $75,972Net Income 2012: $14,5752012Revenue 2013: $79,126Expenses 2013: $68,680Net Income 2013: $10,4462013Revenue 2014: $65,464Expenses 2014: $107,919Net Income 2014: -$42,4552014Revenue 2015: $81,870Expenses 2015: $75,311Net Income 2015: $6,5592015Revenue 2016: $77,909Expenses 2016: $60,336Net Income 2016: $17,5732016Revenue 2017: $58,672Expenses 2017: $50,640Net Income 2017: $8,0322017Revenue 2018: $82,182Expenses 2018: $62,526Net Income 2018: $19,6562018Revenue 2019: $96,926Expenses 2019: $74,405Net Income 2019: $22,5212019Revenue 2020: $108,541Expenses 2020: $83,848Net Income 2020: $24,6932020Revenue 2021: $87,998Expenses 2021: $77,879Net Income 2021: $10,1192021Revenue 2022: $124,818Expenses 2022: $103,761Net Income 2022: $21,0572022Revenue 2023: $80,376Expenses 2023: $122,753Net Income 2023: -$42,3772023

Highlighted filing

2019

Revenue$96,926
Expenses$74,405
Net Income$22,521
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Feb 21, 2020
Return Version
2019v5.0
Gross Receipts
$96,926
Mission and Program Overview

Mission

To actively promote a strong local community through business advocacywhile enhancing the demand for business in covington and the south soundregion.

To actively promote a strong local community through business advocacy while enhancing the demand for business in covington and the south sound region.

Program Services

DescriptionGrantsExpenses
BUSINESS NETWORKING LUNCHES--
FUNDRAISING AUCTION--
SOCIAL EVENTS--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JENNIFER LIGGETTFoundation Mgr.FT$40,272-$40,272
CASS LANEYDirector-$0--
BRIDGET O'CONNORDirector-$0--
SCOTT BEUSCHChairman-$0--
JEFF WAGNERDirector-$0--
REGAN BOLLIEx Officio-$0--
SHERRY SEE-TOWERDirector-$0--
DAVE WILSONSecretary-$0--
TOM KEOWNTreasurer-$0--
ADAM TURLEYChairman-$0--
Filing and Contact Details

Filer

Filer Name
Covington Chamber of Commerce
EIN
91-1571550
Address
PO BOX 8041, MAPLE VALLEY, WA 98038

Signing Officer

Name
Jennifer Liggett
Title
Foundation Manager
Signed
2020-02-21
Discuss with paid preparer
Yes

Preparer

Firm
Schram and Associates Inc
Address
15215 SE 272nd STREET, COVINGTON, WA 98042
Preparer
Angela Bradish
Phone
2536390494
Supplemental Narrative

Additional Explanations

Other Expenses.1

PROGRAM EXPENSES $14641

Other Expenses.2

OVERHEAD $6941

Other Expenses.3

MERCHANT FEES $1483

Other Expenses.4

Administrative expense $1422

Other Expenses.5

Payroll processing fees $46

Other Assets.1005

Accounts Receivable - Beginning $15188 Accounts Receivable - Ending $19132

Other Assets.1

PERMIT DEPOS - Beginning $281 PERMIT DEPOS - Ending $281

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $250 Accounts Payable and Accrued Expenses - Ending $0

Total Liabilities.1

PAYROLL TAXES - Beginning $606 PAYROLL TAXES - Ending $419

990EZ Part I Line 16 Other Expenses

Program expenses 12562administrative expenses 2187overhead expenses 5306

Raw XML Appendix154 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/BenefitsPaidToOrForMembersAmt01678
IRS990EZ/BooksInCareOfDetail/PersonNm0SCHRAM ASSOCIATES
IRS990EZ/BooksInCareOfDetail/PhoneNum02536390494
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt015215 SE 272ND ST STE 204
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0COVINGTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd098042
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt040070
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt058296
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt022521
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03542
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt055539
IRS990EZ/Form990TotalAssetsGrp/EOYAmt077709
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt096926
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0104
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt056818
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt054683
IRS990EZ/NetAssetsOrFundBalancesEOYAmt077290
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt054683
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt077290
IRS990EZ/OccupancyRentUtltsAndMaintAmt0722
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt540.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt81.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt91.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt540272
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CASS LANEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BRIDGET O'CONNOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SCOTT BEUSCH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JEFF WAGNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4REGAN BOLLI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JENNIFER LIGGETT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6SHERRY SEE-TOWER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7DAVE WILSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8TOM KEOWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9ADAM TURLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Ex Officio
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Foundation Mgr.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Chairman
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt015469
IRS990EZ/OtherAssetsTotalDetail/EOYAmt019413
IRS990EZ/OtherChangesInNetAssetsAmt086
IRS990EZ/OtherExpensesTotalAmt024533
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO ACTIVELY PROMOTE A STRONG LOCAL COMMUNITY THROUGH BUSINESS ADVOCACY WHILE ENHANCING THE DEMAND FOR BUSINESS IN COVINGTON AND THE SOUTH SOUND REGION.
IRS990EZ/ProgramServiceRevenueAmt040004
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0BUSINESS NETWORKING LUNCHES
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1FUNDRAISING AUCTION
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2SOCIAL EVENTS
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt043930
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0856
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0419
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt074405
IRS990EZ/TotalRevenueAmt096926
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROGRAM EXPENSES $14641
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OVERHEAD $6941
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MERCHANT FEES $1483
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ADMINISTRATIVE EXPENSE $1422
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PAYROLL PROCESSING FEES $46
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Accounts Receivable - Beginning $15188 Accounts Receivable - Ending $19132
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PERMIT DEPOS - Beginning $281 PERMIT DEPOS - Ending $281
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Accounts Payable and Accrued Expenses - Beginning $250 Accounts Payable and Accrued Expenses - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8PAYROLL TAXES - Beginning $606 PAYROLL TAXES - Ending $419
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9PROGRAM EXPENSES 12562ADMINISTRATIVE EXPENSES 2187OVERHEAD EXPENSES 5306
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Assets.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Assets.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Total Liabilities.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Total Liabilities.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9990EZ PART I LINE 16 OTHER EXPENSES
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNIFER LIGGETT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Foundation Manager
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-02-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COVINGTON CHAMBER OF COMMERCE
ReturnHeader/Filer/BusinessNameControlTxt0COVI
ReturnHeader/Filer/EIN0911571550
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 8041
ReturnHeader/Filer/USAddress/CityNm0MAPLE VALLEY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098038
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0912167633
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCHRAM AND ASSOCIATES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt015215 SE 272nd STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COVINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098042
ReturnHeader/PreparerPersonGrp/PhoneNum02536390494
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Angela Bradish
ReturnHeader/ReturnTs02020-02-21T12:15:38-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$1.07$0.06$0.80$1.23$0.42
2022Detailed filing. Detailed filing data is available for this year.$1.33$0.05$1.28$1.25$1.04$0.21
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.21$0.08$1.12$0.88$0.78$0.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$0.01$1.02$1.09$0.84$0.25
2019Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.77$0.97$0.74$0.23
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$0.01$0.55$0.82$0.63$0.20
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.38$0.03$0.35$0.59$0.51$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.33$0.01$0.32$0.78$0.60$0.18
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.15$0.82$0.75$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.10$0.65$1.08$0.42
2013Summary only. Only limited summary data is available for this year.$0.75$0.02$0.79$0.69$0.10
2012Summary only. Only limited summary data is available for this year.$0.65$0.03$0.91$0.76$0.15
2011Summary only. Only limited summary data is available for this year.$0.56$0.08$0.84$0.49$0.35
2010Summary only. Only limited summary data is available for this year.$0.29$0.16$0.69$0.85$0.16
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)6 • <$500k nonprofits