Civic Intelligence

Lincoln County Economic Development Association

990EZ • Fiscal year 2016 • EIN 91-1811448

Oct 01, 2015 to Sep 30, 2016 • Filed on Feb 21, 2017

Organization ProfileN/A
PO Box 907Sioux Falls, SD 57101

(605) 934-1961

Siviq Scores

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

Liabilities / Assets

87th percentile

0.35x

Higher debt load relative to assets than 87% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

89th percentile

0.29x

Higher debt load relative to revenue than 89% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Net Margin

24th percentile

-8.3%

Higher net margin than 24% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

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

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Asset Growth

75th percentile

17%

Faster asset growth than 75% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

51st percentile

1.4%

Faster revenue growth than 51% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets87th percentile

Assets

Up

$67,474

Up $10,016 (+17%) from 2015

Net Assets

Down

$43,755

Down $6,911 (-14%) from 2015

Liabilities

Up

$23,719

Up $16,927 (+249%) from 2015

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin24th percentile

Revenue

Up

$83,156

Up $1,178 (+1.4%) from 2015

Expenses

Up

$90,067

Up $16,133 (+22%) from 2015

Net Income

Down

-$6,911

Down $14,955 (-186%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth75th percentile

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

$80K$60K$40K$20K$0Assets 2010: $16,379Net Assets 2010: $16,3792010Assets 2011: $28,957Liabilities 2011: $2,317Net Assets 2011: $26,6402011Assets 2012: $65,417Liabilities 2012: $37,131Net Assets 2012: $28,2862012Assets 2013: $48,177Liabilities 2013: $1,566Net Assets 2013: $46,6112013Assets 2014: $46,671Liabilities 2014: $4,049Net Assets 2014: $42,6222014Assets 2015: $57,458Liabilities 2015: $6,792Net Assets 2015: $50,6662015Assets 2016: $67,474Liabilities 2016: $23,719Net Assets 2016: $43,7552016Assets 2017: $71,371Liabilities 2017: $38,577Net Assets 2017: $32,7942017Assets 2018: $29,387Liabilities 2018: $9,762Net Assets 2018: $19,6252018Assets 2019: $22,818Liabilities 2019: $9,974Net Assets 2019: $12,8442019Assets 2020: $30,138Liabilities 2020: $13,230Net Assets 2020: $16,9082020Assets 2021: $0Net Assets 2021: $02021

Highlighted filing

2016

Assets$67,474
Liabilities$23,719
Net Assets$43,755
Open 2016 Filing

Operations Trend

Revenue Growth51st percentile

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

$150K$100K$50K$0-$50KRevenue 2010: $83,582Expenses 2010: $79,945Net Income 2010: $3,6372010Revenue 2011: $116,594Expenses 2011: $106,333Net Income 2011: $10,2612011Revenue 2012: $111,218Expenses 2012: $109,572Net Income 2012: $1,6462012Revenue 2013: $92,735Expenses 2013: $74,410Net Income 2013: $18,3252013Revenue 2014: $83,770Expenses 2014: $87,759Net Income 2014: -$3,9892014Revenue 2015: $81,978Expenses 2015: $73,934Net Income 2015: $8,0442015Revenue 2016: $83,156Expenses 2016: $90,067Net Income 2016: -$6,9112016Revenue 2017: $93,935Expenses 2017: $104,896Net Income 2017: -$10,9612017Revenue 2018: $88,498Expenses 2018: $101,667Net Income 2018: -$13,1692018Revenue 2019: $99,822Expenses 2019: $106,603Net Income 2019: -$6,7812019Revenue 2020: $97,829Expenses 2020: $93,765Net Income 2020: $4,0642020Revenue 2021: $131,002Expenses 2021: $147,910Net Income 2021: -$16,9082021

Highlighted filing

2016

Revenue$83,156
Expenses$90,067
Net Income-$6,911
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Feb 21, 2017
Return Version
2015v3.0
Gross Receipts
$90,620
Mission and Program Overview

Mission

ECONOMIC DEVELOPMENT

Program Services

DescriptionGrantsExpenses
FURTHERANCE OF ECONOMIC DEVELOPMENT OF LINCOLN COUNTY, SD (EXCLUSIVE OF SIOUX FALLS). THE PROMOTION AND ASSISTANCE OF GROWTH AND DEVELOPMENT OF LINCOLN COUNTY, SD.-$90,067
Compensation and Service Providers
Top Officer Pay69th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
NICK FOSHEIMExecutive DiPT$0--
ERIC PAULIPresident-$0--
ERIC SAUGSTADVice-Preside-$0--
TODD NELSONSec./Treas.-$0--
ANDREW PIETRUSBoard Member-$0--
AMANDA ANGLINBoard Member-$0--
BRAD HOWARDBoard Member-$0--
BOB LIERBoard Member-$0--
DALE LONGBoard Member-$0--
JENNI WHITEBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Lincoln County Economic Development
EIN
91-1811448
Address
PO BOX 907, SIOUX FALLS, SD 57101

Signing Officer

Name
Nick Fosheim
Title
Executive Director
Phone
6053398355
Signed
2017-02-21

Preparer

Firm
Woltman Group Pc
Address
7001 S LYNCREST PLACE, SIOUX FALLS, SD 57108-2599
Preparer
Shawn Q Blom
Phone
6053611200
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses expenses for future fund camp 1,055 contract fees to sfdf 88,791 miscellaneous 20 non-investment depreciation 201 total 90,067”

Form 990-ez, Part II, Line 24

“Equipment 596 1,503 less accumulated depreciation 547 747 due from mceda - future fund campaig 5,842 6,537 total 5,891 7,293”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 6,792 23,719”

Raw XML Appendix128 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/BooksInCareOfDetail/PersonNm0TODD NELSON
IRS990EZ/BooksInCareOfDetail/PhoneNum06059341961
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 105
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ALCESTER
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SD
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd057001
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt051567
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt060181
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-6911
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt057458
IRS990EZ/Form990TotalAssetsGrp/EOYAmt067474
IRS990EZ/FundraisingGrossIncomeAmt02900
IRS990EZ/GrossReceiptsAmt090620
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0120
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt087600
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt050666
IRS990EZ/NetAssetsOrFundBalancesEOYAmt043755
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt050666
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt043755
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
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/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0NICK FOSHEIM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ERIC PAULI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ERIC SAUGSTAD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3TODD NELSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ANDREW PIETRUS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5AMANDA ANGLIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6BRAD HOWARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7BOB LIER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8DALE LONG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9JENNI WHITE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE-PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SEC./TREAS.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt05891
IRS990EZ/OtherAssetsTotalDetail/EOYAmt07293
IRS990EZ/OtherExpensesTotalAmt090067
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0ECONOMIC DEVELOPMENT
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FURTHERANCE OF ECONOMIC DEVELOPMENT OF LINCOLN COUNTY, SD (EXCLUSIVE OF SIOUX FALLS). THE PROMOTION AND ASSISTANCE OF GROWTH AND DEVELOPMENT OF LINCOLN COUNTY, SD.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt090067
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt07464
IRS990EZ/SpecialEventsNetIncomeLossAmt0-4564
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt06792
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt023719
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt090067
IRS990EZ/TotalProgramServiceExpensesAmt090067
IRS990EZ/TotalRevenueAmt083156
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES EXPENSES FOR FUTURE FUND CAMP 1,055 CONTRACT FEES TO SFDF 88,791 MISCELLANEOUS 20 NON-INVESTMENT DEPRECIATION 201 TOTAL 90,067
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EQUIPMENT 596 1,503 LESS ACCUMULATED DEPRECIATION 547 747 DUE FROM MCEDA - FUTURE FUND CAMPAIG 5,842 6,537 TOTAL 5,891 7,293
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 6,792 23,719
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0NICK FOSHEIM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06053398355
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LINCOLN COUNTY ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0LINC
ReturnHeader/Filer/EIN0911811448
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 907
ReturnHeader/Filer/USAddress/CityNm0SIOUX FALLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SD
ReturnHeader/Filer/USAddress/ZIPCd057101
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0460398923
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WOLTMAN GROUP PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07001 S LYNCREST PLACE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SIOUX FALLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0571082599
ReturnHeader/PreparerPersonGrp/PhoneNum06053611200
ReturnHeader/PreparerPersonGrp/PreparationDt02017-02-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHAWN Q BLOM
ReturnHeader/ReturnTs02017-04-17T13:23:33+00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-10-01
ReturnHeader/TaxPeriodEndDt02016-09-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$67,474
Liabilities
$23,719
Net assets
$43,755
Revenue
$83,156
Expenses
$90,067
Net income
-$6,911
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$1.31$1.48$0.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.30$0.13$0.17$0.98$0.94$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.23$0.10$0.13$1.00$1.07$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.10$0.20$0.88$1.02$0.13
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.71$0.39$0.33$0.94$1.05$0.11
2016Detailed filing. Detailed filing data is available for this year.$0.67$0.24$0.44$0.83$0.90$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.57$0.07$0.51$0.82$0.74$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.47$0.04$0.43$0.84$0.88$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.02$0.47$0.93$0.74$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.65$0.37$0.28$1.11$1.10$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.02$0.27$1.17$1.06$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.16$0.84$0.80$0.04