KNOTT COUNTY TOURISM COMMISSION INC Charity Report

Public IRS 990 nonprofit record

KNOTT COUNTY TOURISM COMMISSION INC

EIN 71-1042681 · Rural Economic Development (S32)

What they do

CONDUCTED TWO HORSE TRAIL RIDES (FALL & SPRING)AND AN ATV TRAIL RIDE, and VARIOUS OTHER COUNTY ACTIVITES. THE PURPOSE of WHICH is to PROMOTE TOURISM IN KNOTT COUNTY, KENTUCKY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $99.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders6 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

100.08%of revenue went to mission work99.3% of expenses · Program services

$92.68spent for every $100 of revenueRevenue covered expenses this year.

0.67%of revenue went to management and office costs0.7% of expenses

$2.08in assets for every $1 spent this yearSome assets cannot be spent right away.

7.2%of its money came from giftsOther money may come from services or investments.

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What will my money do? Ask exactly what your gift will pay for.
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Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$343,508

Mission workProgram services$343,774100.08% of revenue99.3% of expenses

ManagementOffice and general costs$2,3120.67% of revenue0.7% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$346,086100.75% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 99.3% mission · 0.7% management · 0.0% fundraisingTotal expenses: 100.75% of revenue

2022Expense mix: 98.6% mission · 0.0% management · 0.0% fundraisingTotal expenses: 56.22% of revenue

2020Expense mix: 99.6% mission · 0.0% management · 0.0% fundraisingTotal expenses: 85.69% of revenue

Money in and money out

Revenue$139,081

Expenses$128,898

Annual surplus $10,183 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$343,774 · 266.7% of expenses

This source amount exceeds total expenses; compare the filing details carefully.

Management and office costs$2,312 · 1.8% of expenses

See all reported dollar amounts

Revenue$139,081

Expenses$128,898

Assets$268,245

Income$139,081

Contributions$10,000

Mission work (program services)$343,774

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (6)

BOBBY THOMASMEMBER

DANNY LAFERTYVICE CHAIRMAN

JANIE SMITHMEMBER

KAREN JONES CODYSECRETARY

LAWTON NOBLEMEMBER

MICHAEL STRUGILLCHAIRMAN/TREASU

About this charity

Recognized since: January 2015
Location: PO BOX 505, HINDMAN, KY 41822
County: Knott
In care of: MICHAEL STRUGILL
Primary officer: MICHAEL STRUGILL, CHAIRMAN/TREASU

How to reach them

Phone(606) 785-5046

Filing and classification

Latest tax year: 2023
Tax period began: July 1, 2023
Return type: 990EZ
Tax preparer: DARRELL MADDEN CPA
NTEE classification: Rural Economic Development (S32)
IRS tax category: Rural Economic Development