Wilson County Civic League
Fiscal Year
Fiscal Year Start
01/01/2023
Fiscal Year End
12/31/2023
Projected Revenue
$134,714.00
Projected Expenses
$179,734.00
Organizational Budgets and Other Documents
| Budget | 2023 |
| Projected Budget | 2022 |
| ProjectedBudget | 2021 |
| Current Budget | 2021 |
| Current budget | 2020 |
| fireprevent | 2013 |
IRS Letter of Exemption
| wilson county civic league irs ltr |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $277,554.00 | $235,269.00 | $291,701.00 |
| Total Expenses | $243,073.00 | $190,400.00 | $173,346.00 |
| Revenue Less Expenses | $34,481.00 | $44,869.00 | $118,355.00 |
Revenue Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $29,218.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $10,400.00 | $10,632.00 | $36,661.00 |
| Contributions, Gifts, and Grants | $28,593.00 | $30,858.00 | $13,383.00 |
| Indirect Public Support | $9,262.00 | $0.00 | $0.00 |
| Earned Revenue | $220,193.00 | $183,391.00 | $18,841.00 |
| Investment Income, Net of Losses | $1,703.00 | $1,535.00 | $5,127.00 |
| Membership Dues | $102.00 | $120.00 | $195.00 |
| Special Events | $7,301.00 | $8,733.00 | $8,876.00 |
| Revenue In-Kind | $0.00 | $0.00 | $0.00 |
| Other | $0.00 | $0.00 | $10,000.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $182,305.00 | $142,799.00 | $140,662.00 |
| Administration Expense | $60,768.00 | $47,601.00 | $32,684.00 |
| Fundraising Expense | $0.00 | $0.00 | $0.00 |
| Total Revenue/Total Expenses | 114% | 124% | 168% |
| Program Expense/Total Expenses | 75% | 75% | 81% |
| Fundraising Expense/Contributed Revenue | 0% | 0% | 0% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Program Revenue $220,193.00 | Program Revenue $183,391.00 | Government - Unspecified $36,661.00 |
| Second Highest Funding Source & Dollar Amount | Contributions, Gifts, and Grants $28,593.00 | Contributions, Gifts, and Grants $30,858.00 | Foundation and Corporations $29,218.00 |
| Third Highest Funding Source & Dollar Amount | Government Grants $10,400.00 | Government Grants $10,632.00 | Earned Revenue $18,841.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $1,406,572.00 | $1,371,960.00 | $1,327,532.00 |
| Current Assets | $817,590.00 | $761,358.00 | $705,955.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Current Liabilities | $940.00 | $802.00 | $1,243.00 |
| Total Net Assets | $1,405,632.00 | $1,371,158.00 | $1,326,289.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
Yes
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2024
Solicitations Permit
Form 990s
Audit Documents
| wilson county civic league 2005 audit | 2005 |
CEO/Executive Director/Board Comments
| The WCCL has several financial challenges with recent occurrences. Many businesses have trimmed back on their charitable donations. We are still running a budget deficit on our offered programs. We are able to use excess funds from our rental program to balance our budgets. The funds are not reliable. We plan to find more grant funds and do more fundraising. |
Foundation Staff Comments
| Financial figures are taken from the 990. 990 was prepared by Terry Horne CPA, Inc. Comments provided by Hayley Sulfridge 9/27/23. |
