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Boyle County Industrial Foundation Inc

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$59.2k (2023)

Expenses
$232k (2023)

Total Assets
$3.96M (2023)

Total Liabilities
$105k (2023)

Years with multiple filings
Source: Form 990 tax filings from 2012 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$59,188
Expenses
$231,825
Net Income
-$172,637
Net Assets
$3,854,768
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $56,254
95.0%
Bond Proceeds $0
Royalties $0
Rental Property Income -$5,514
Net Fundraising $0
Sales of Assets $3,398
5.7%
Net Inventory Sales $0
Other Revenue $5,050
8.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,959,893
Total Liabilities $105,125
Net Assets $3,854,768
Compensation
Key Employees and Officers Compensation Related Other
Alan Turbyfill (Chairman) $0 $0 $0
Greg Caudill (Director) $0 $0 $0
John Albright (Director) $0 $0 $0
Ernest Dunn (Director) $0 $0 $0
Steve Griffin (Director) $0 $0 $0
David Longenecker (Director) $0 $0 $0
Jennifer Gilbert Newby (Director) $0 $0 $0
Dan Mckay (Director) $0 $0 $0
Joey Harris (Director) $0 $0 $0
Cindy Ellsworth (Secretary) $0 $0 $0
Jerry Carter (Director) $0 $0 $0
Andrew Frauenhoffer (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$52,373
Expenses
$180,794
Net Income
-$128,421
Net Assets
$3,993,476
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $48,209
92.0%
Bond Proceeds $0
Royalties $0
Rental Property Income -$5,419
Net Fundraising $0
Sales of Assets $9,583
18.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,098,601
Total Liabilities $105,125
Net Assets $3,993,476
Compensation
Key Employees and Officers Compensation Related Other
Alan Turbyfill (Director) $0 $0 $0
Greg Caudill (Chairman) $0 $0 $0
John Albright (Director) $0 $0 $0
Ernest Dunn (Director) $0 $0 $0
Steve Griffin (Director) $0 $0 $0
David Longenecker (Director) $0 $0 $0
Jennifer Gilbert Newby (Director) $0 $0 $0
Dan Mckay (Director) $0 $0 $0
Joey Harris (Director) $0 $0 $0
Cindy Ellsworth (Secretary) $0 $0 $0
Jerry Carter (Director) $0 $0 $0
Andrew Frauenhoffer (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$169,239
Expenses
$162,401
Net Income
$6,838
Net Assets
$4,311,277
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $46,085
27.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $47,977
28.3%
Net Fundraising $0
Sales of Assets $75,177
44.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,416,402
Total Liabilities $105,125
Net Assets $4,311,277
Compensation
Key Employees and Officers Compensation Related Other
Alan Turbyfill (Director) $0 $0 $0
Greg Caudill (Chairman) $0 $0 $0
John Albright (Vice Chairman) $0 $0 $0
Bill Snapp (Director) $0 $0 $0
Steve Griffin (Director) $0 $0 $0
David Longenecker (Director) $0 $0 $0
Erin Tipton (Director) $0 $0 $0
Tammy Mcdonald (Director) $0 $0 $0
Joey Harris (Director) $0 $0 $0
Cindy Ellsworth (Secretary) $0 $0 $0
Jerry Carter (Director) $0 $0 $0
Andrew Frauenhoffer (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$198,719
Expenses
$145,280
Net Income
$53,439
Net Assets
$4,174,057
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $47,973
24.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $59,479
29.9%
Net Fundraising $0
Sales of Assets $20,394
10.3%
Net Inventory Sales $70,873
35.7%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,362,792
Total Liabilities $2,188,735
Net Assets $4,174,057
Compensation
Key Employees and Officers Compensation Related Other
Alan Turbyfill (Treasurer) $0 $0 $0
Greg Caudill (Chairman) $0 $0 $0
John Albright (Vice Chairman) $0 $0 $0
Bill Snapp (Director) $0 $0 $0
Steve Griffin (Director) $0 $0 $0
David Longenecker (Director) $0 $0 $0
Erin Tipton (Director) $0 $0 $0
Tammy Mcdonald (Director) $0 $0 $0
Jennifer G Newby (Director) $0 $0 $0
Cindy Ellsworth (Secretary) $0 $0 $0
Jerry Carter (Director) $0 $0 $0
Andrew Frauenhoffer (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$99,287
Expenses
$153,422
Net Income
-$54,135
Net Assets
$4,139,039
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $50,176
50.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $41,880
42.2%
Net Fundraising $0
Sales of Assets $7,231
7.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,411,820
Total Liabilities $2,272,781
Net Assets $4,139,039
Compensation
Key Employees and Officers Compensation Related Other
Walter Goggin (Treasurer) $0 $0 $0
Greg Caudill (Chairman) $0 $0 $0
Joey Harris (Vice Chairman) $0 $0 $0
Bill Snapp (Director) $0 $0 $0
John Roush (Director) $0 $0 $0
Carl Metz (Director) $0 $0 $0
Erin Tipton (Director) $0 $0 $0
Tammy Mcdonald (Director) $0 $0 $0
Jennifer G Newby (Director) $0 $0 $0
Cindy Ellsworth (Secretary) $0 $0 $0
Jerry Carter (Director) $0 $0 $0
Andrew Frauenhoffer (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$618,685
Expenses
$166,568
Net Income
$452,117
Net Assets
$4,138,156
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $36,041
5.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $49,326
8.0%
Net Fundraising $0
Sales of Assets $7,788
1.3%
Net Inventory Sales $525,530
84.9%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,491,005
Total Liabilities $2,352,849
Net Assets $4,138,156
Compensation
Key Employees and Officers Compensation Related Other
Alan Turbyfill (Treasurer) $0 $0 $0
John Albright (Chairman) $0 $0 $0
Walter Goggin (Vice Chairman) $0 $0 $0
Bob Rowland (Director) $0 $0 $0
John Roush (Director) $0 $0 $0
Carl Metz (Director) $0 $0 $0
Erin Tipton (Director) $0 $0 $0
Joey Harris (Director) $0 $0 $0
Jennifer G Newby (Director) $0 $0 $0
Cindy Ellsworth (Secretary) $0 $0 $0
Jerry Carter (Director) $0 $0 $0
Andrew Frauenhoffer (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$273,020
Expenses
$227,588
Net Income
$45,432
Net Assets
$3,716,271
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $32,757
12.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $60,829
22.3%
Net Fundraising $0
Sales of Assets $22,162
8.1%
Net Inventory Sales $127,494
46.7%
Other Revenue $29,778
10.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,074,897
Total Liabilities $2,358,626
Net Assets $3,716,271
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jody Lassiter (President) $0 $0 $0
Alan Turbyfill (Treasurer) $0 $0 $0
John Albright (Chairman) $0 $0 $0
Walter Goggin (Secretary) $0 $0 $0
Greg Caudill (Vice Chairman) $0 $0 $0
Jim Jacobus (Director) $0 $0 $0
Harold Mckinney (Director) $0 $0 $0
Bob Rowland (Director) $0 $0 $0
John Roush (Director) $0 $0 $0
Carl Metz (Director) $0 $0 $0
Paige D Stevens Sweeney (Director) $0 $0 $0
Erin Tipton (Director) $0 $0 $0
Joey Harris (Director) $0 $0 $0
Jennifer G Newby (Director) $0 $0 $0
Cindy Ellsworth (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$81,549
Expenses
$141,337
Net Income
-$59,788
Net Assets
$3,672,716
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $34,037
41.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $37,667
46.2%
Net Fundraising $0
Sales of Assets $9,845
12.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,103,924
Total Liabilities $2,431,208
Net Assets $3,672,716
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jody Lassiter (President) $0 $0 $0
Alan Turbyfill (Treasurer) $0 $0 $0
John Albright (Chairman) $0 $0 $0
Walter Goggin (Secretary) $0 $0 $0
Greg Caudill (Vice Chairman) $0 $0 $0
Jim Jacobus (Director) $0 $0 $0
Harold Mckinney (Director) $0 $0 $0
Bob Rowland (Director) $0 $0 $0
John Roush (Director) $0 $0 $0
Carl Metz (Director) $0 $0 $0
Paige D Stevens Sweeney (Director) $0 $0 $0
Erin Tipton (Director) $0 $0 $0
Joey Harris (Director) $0 $0 $0
Jennifer G Newby (Director) $0 $0 $0
Cindy Ellsworth (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$294,782
Expenses
$161,721
Net Income
$133,061
Net Assets
$3,711,299
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $33,419
11.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $36,346
12.3%
Net Fundraising $0
Sales of Assets -$3,785
Net Inventory Sales $228,802
77.6%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,162,857
Total Liabilities $2,451,558
Net Assets $3,711,299
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jody Lassiter (President) $0 $112,476 $0
Alan Turbyfill (Treasurer) $0 $0 $0
John Albright (Chairman) $0 $0 $0
Walter Goggin (Secretary) $0 $0 $0
Greg Caudill (Vice Chairman) $0 $0 $0
Jim Jacobus (Director) $0 $0 $0
Harold Mckinney (Director) $0 $0 $0
Bob Rowland (Director) $0 $0 $0
John Roush (Director) $0 $0 $0
Carl Metz (Director) $0 $0 $0
Paige D Stevens Sweeney (Director) $0 $0 $0
Erin Tipton (Director) $0 $0 $0
Joey Harris (Director) $0 $0 $0
Jennifer G Newby (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$73,004
Expenses
$114,337
Net Income
-$41,333
Net Assets
$3,582,081
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $27,822
38.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $40,685
55.7%
Net Fundraising $0
Sales of Assets $4,497
6.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,106,389
Total Liabilities $2,524,308
Net Assets $3,582,081

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,473
Expenses
$36,239
Net Income
-$16,766
Net Assets
$3,588,797
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $4,008
20.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $14,596
75.0%
Net Fundraising $0
Sales of Assets $869
4.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,175,430
Total Liabilities $2,586,633
Net Assets $3,588,797

Document Links

Fiscal Year Ending April
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$133,789
Expenses
$163,180
Net Income
-$29,391
Net Assets
$3,605,563
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $27,711
20.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $94,384
70.5%
Net Fundraising $0
Sales of Assets $11,694
8.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,206,981
Total Liabilities $2,601,418
Net Assets $3,605,563

Document Links

Fiscal Year Ending April
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$100,940
Expenses
$166,655
Net Income
-$65,715
Net Assets
$3,595,356
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $27,262
27.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $73,565
72.9%
Net Fundraising $0
Sales of Assets $113
0.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,335,513
Total Liabilities $2,740,157
Net Assets $3,595,356

Document Links

Fiscal Year Ending April
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending April
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending April
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending April
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending April
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending April
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending April
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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