Civic Intelligence

Washington County Riverboat Foundation Inc

990 • Fiscal year 2019 • EIN 20-1730015

Jan 01, 2019 to Dec 31, 2019 • Filed on Mar 27, 2020

205 West MainWashington, IA 52353

(319) 653-3588

Siviq Scores

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

Liabilities / Assets

55th percentile

0.09x

Higher debt load relative to assets than 55% of similar nonprofits.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

36th percentile

0.03x

Higher debt load relative to revenue than 36% of similar nonprofits.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2019

Net Margin

23rd percentile

-5.4%

Higher net margin than 23% of similar nonprofits.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

58th percentile

$0

Higher top officer pay than 58% of similar nonprofits.

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

2019 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2019

Asset Growth

8th percentile

-14%

Faster asset growth than 8% of similar nonprofits.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

66th percentile

8.0%

Faster revenue growth than 66% of similar nonprofits.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$1,075,040

Down $182,250 (-14%) from 2018

Net Assets

Down

$981,901

Down $192,568 (-16%) from 2018

Liabilities

Up

$93,139

Up $10,318 (+12%) from 2018

Revenue

Up

$3,552,393

Up $264,000 (+8.0%) from 2018

Expenses

Up

$3,744,961

Up $187,144 (+5.3%) from 2018

Net Income

Up

-$192,568

Up $76,856 (+29%) from 2018

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $986,522Liabilities 2010: $58,254Net Assets 2010: $928,2682010Assets 2011: $1,223,740Liabilities 2011: $56,198Net Assets 2011: $1,167,5422011Assets 2012: $1,537,785Liabilities 2012: $74,952Net Assets 2012: $1,462,8332012Assets 2013: $1,913,472Liabilities 2013: $152,517Net Assets 2013: $1,760,9552013Assets 2014: $1,228,767Liabilities 2014: $57,812Net Assets 2014: $1,170,9552014Assets 2015: $1,295,500Liabilities 2015: $56,824Net Assets 2015: $1,238,6762015Assets 2016: $1,320,211Liabilities 2016: $67,485Net Assets 2016: $1,252,7262016Assets 2017: $1,519,621Liabilities 2017: $75,728Net Assets 2017: $1,443,8932017Assets 2018: $1,257,290Liabilities 2018: $82,821Net Assets 2018: $1,174,4692018Assets 2019: $1,075,040Liabilities 2019: $93,139Net Assets 2019: $981,9012019Assets 2020: $1,579,056Liabilities 2020: $513,129Net Assets 2020: $1,065,9272020Assets 2021: $2,209,057Liabilities 2021: $127,221Net Assets 2021: $2,081,8362021Assets 2022: $4,408,667Liabilities 2022: $925Net Assets 2022: $4,407,7422022Assets 2023: $5,588,911Liabilities 2023: $1,365Net Assets 2023: $5,587,5462023Assets 2024: $4,014,705Liabilities 2024: $1,198Net Assets 2024: $4,013,5072024

Highlighted filing

2019

Assets$1,075,040
Liabilities$93,139
Net Assets$981,901

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $3,035,0852010Revenue 2011: $3,384,045Expenses 2011: $3,144,771Net Income 2011: $239,2742011Expenses 2012: $3,145,8992012Revenue 2013: $3,351,653Expenses 2013: $3,053,531Net Income 2013: $298,1222013Revenue 2014: $3,302,828Expenses 2014: $3,892,828Net Income 2014: -$590,0002014Revenue 2015: $3,184,134Expenses 2015: $3,116,413Net Income 2015: $67,7212015Revenue 2016: $3,232,921Expenses 2016: $3,218,871Net Income 2016: $14,0502016Revenue 2017: $3,320,808Expenses 2017: $3,129,641Net Income 2017: $191,1672017Revenue 2018: $3,288,393Expenses 2018: $3,557,817Net Income 2018: -$269,4242018Revenue 2019: $3,552,393Expenses 2019: $3,744,961Net Income 2019: -$192,5682019Revenue 2020: $3,113,363Expenses 2020: $3,029,337Net Income 2020: $84,0262020Revenue 2021: $4,844,569Expenses 2021: $3,828,660Net Income 2021: $1,015,9092021Revenue 2022: $5,022,916Expenses 2022: $2,372,024Net Income 2022: $2,650,8922022Revenue 2023: $5,172,098Expenses 2023: $4,049,675Net Income 2023: $1,122,4232023Revenue 2024: $5,106,067Expenses 2024: $6,750,783Net Income 2024: -$1,644,7162024

Highlighted filing

2019

Revenue$3,552,393
Expenses$3,744,961
Net Income-$192,568
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Mar 27, 2020
Return Version
2019v5.1
Gross Receipts
$3,552,393
Mission and Program Overview

Mission

License holder for the riverside casino and golf resort.

To distribute grants to area organizations and municipalities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$914,621$0▼ $914,621
Savings and Temporary Cash Investments$14,429$703,453▲ $689,024
Pledges and Grants Receivable$328,240$371,587▲ $43,347
Total Assets$1,257,290$1,075,040▼ $182,250
Liabilities
Grants Payable$81,708$92,545▲ $10,837
Accounts Payable and Accrued Expenses$1,113$594▼ $519
Total Liabilities$82,821$93,139▲ $10,318
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,174,469$981,901▼ $192,568
Total Net Assets Fund Balance$1,174,469$981,901▼ $192,568
Total Liabilities and Net Assets / Fund Balance$1,257,290$1,075,040▼ $182,250
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tom BastenPresident
Mike JorgensenVice President
Shawn EllingsonVice President
Brenda HeringtonDirector
Dave ErwinDirector
Jaden ProttsmanDirector
Jarrod LongbineDirector
Kathleen BrinningDirector
Mark WeidmanDirector
Michael VincentDirector
Pat FreemanDirector
Shelli CleverlyDirector
Stephanie SchlabaughDirector
Stephanie SextonDirector
David MitchellSecretary
Cathy RichTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,524,200
Program Service Revenue
$0
Investment Income
$8,714
Other Revenue
$19,479
All Other Contributions
$3,524,200
Change in Net Assets
$-192,568

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,552,393
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,552,393
Total Revenue per Form 990
$3,552,393
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,651,166
Other Expenses$58,286
Salaries, Compensation, and Employee Benefits$35,509
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$3,651,166--$3,651,166
Other Salaries and Wages-$32,515-$32,515
Office Expenses-$21,498-$21,498
Conferences and Meetings-$12,968-$12,968
Fees for Services Accounting-$11,229-$11,229
Occupancy-$6,840-$6,840
Fees for Services Legal-$3,350-$3,350
Payroll Taxes-$2,994-$2,994
Insurance-$1,751-$1,751
Advertising-$650-$650
Total Functional Expenses$3,651,166$93,795$0$3,744,961

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,744,961
Total Expenses per Audited Statements$3,744,961
Total Expenses per Form 990$3,744,961
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ymca of Washington County IowaWashington, IA501(c)(3)BUILDING PROJECT, KEWASH HALF MARATHON, WELLMAN CHILDREN'S THEATER CAMP$1,004,000
City of WashingtonWashington, IAGovernmentMunicipal Grant, New Fire Station, Technology for Library$596,247
City of KalonaKalona, IAGovernmentMunicipal Grant, Community Center Upgrades$186,657
Mid-prairie Community SchoolsWellman, IASchoolHigh School Library, Cnc, Entrance Sign, Band Uniforms, Healthy Snack Accessories$162,231
Wesley Retirement ServicesWashington, IA501(c)(3)Dementia and Health Center$150,000
City of WellmanWellman, IAGovernmentMunicipal Grant, Park Renovations, Senior Dining Refrigerator and Range, Picnic Tables$125,017
Washington Community SchoolsWashington, IASchoolLincoln School Window Replacement, Technology K-2, Kindness Closet$120,959
Highland Community School DistrictRiverside, IASchoolAg Education Greenhouse, Lifelong Fitness and Cpr, Elementary Security Upgrade, Elementary Marker Space, Robotics.$105,311
Ainsworth Volunteer Firefighters Association IncorporatedAinsworth, IA501(c)(3)New Fire Station$103,644
Washington County Conservation BoardAinsworth, IAGovernmentKewash Trail, Education Center Display$94,403
Washington County Hospital FoundationWashington, IA501(c)(3)Landscaping$76,426
City of RiversideRiverside, IAGovernmentMunicipal Grant$63,964
City of BrightonBrighton, IAGovernmentMunicipal Grant, Cemetery Headstone Replacement$57,026
Prospect Meadows IncMarion, IA501(c)(3)Miracle Field Playing Surface$56,491
Brighton ChamberBrighton, IA501(c)(3)Freedom Rock$55,268
Winfield Community Development GroupWinfield, IA501(c)(3)Community Pool$50,000
Columbus Roundy PtoColumbus Junction, IA501(c)(3)Playground Update$44,323
Main Street WashingtonWashington, IA501(c)(3)Washington Incentive Fund and Farmers Market$40,795
Keota Community SchoolsKeota, IASchoolComputer Lab Update$38,595
HacapHiawatha, IA501(c)(3)Old Main Housing Program$36,622
City of AinsworthAinsworth, IAGovernmentMunicipal Grant$36,564
WcdcWashington, IA501(c)(3)Lighten Up Tables and Chairs, Shelter$30,690
Lone Tree Community FoundationLone Tree, IA501(c)(3)Heat the Vets$20,000
City of West ChesterWest Chester, IAGovernmentMunicipal Grant, Storm Water Drainage$18,551
Wellman Volunteer Fire DeptWellman, IA501(c)(3)Disaster Preparedness$18,440
Shiloh ChurchKalona, IA501(c)(3)Playground$18,328
International Association of Lions ClubBrighton, IA501(c)(3)Pavillion Upgrade$17,423
City of CrawfordsvilleCrawfordsville, IAGovernmentMunicipal Grant$17,004
Kalona Historical SocietyKalona, IA501(c)(3)Preservation of Textile Equipment and Looms$13,387
Families Helping FamiliesCedar Rapids, IA501(c)(3)Shoe Voucher Program$12,000
Richmond AmvetsKalona, IA501(c)(3)Building Renovation$11,498
Riverside Area Community ClubRiverside, IA501(c)(3)Bleacher Repairs/demo Pit Lights$10,567
Give FoundationRiverside, IA501(c)(3)Annual Golf Tournament$10,000
International Association of Fire FightersOttumwa, IA501(c)(3)River Rescue Boat$10,000
Washington Area Soccer ProgramWashington, IA501(c)(3)Player Benches, Traveling Tournament Team Fees$10,000
City of South EnglishSouth English, IAGovernmentLucas Device$9,488
Richland Public LibraryRichland, IA501(c)(3)Windows and Doors$9,310
FilmsceneIowa City, IA501(c)(3)Saving Brinton$9,300
Childserve IncJohnston, IA501(c)(3)Therapy Equipment$7,814
City of HedrickHedrick, IAGovernmentLucas Device$7,813
City of KeotaKeota, IAGovernmentLucas Device$7,813
City of KeswickKeswick, IAGovernmentLucas Device$7,813
City of What CheerWhat Cheer, IAGovernmentLucas Device$7,813
Blair House Nonprofit CorpWashington, IA501(c)(3)2019 Surprise Grant$7,300
United Way of Johnson & Washington Counties IncCoralville, IA501(c)(3)Early Literacy Kit Project$6,384
Ainsworth Community TogetherAinsworth, IA501(c)(3)Roof and Skylight Repair$6,145
Sigourney Fire-rescueSigourney, IA501(c)(3)Air Bags$6,030
Friends of Lake DarlingBrighton, IA501(c)(3)Lodge Table Replacement, U of I Wildlife Camp$5,263
Hawkeye Area Council - Boy Scouts of AmericaCedar Rapids, IA501(c)(3)Scout Reach$5,000
Louisa County AmbulanceColumbus Junction, IA501(c)(3)Lca Lifepak 15$5,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 4

The organization amended their bylaws regarding the board of directors. The board of directors may now consist of regular members and ex officio/non-voting members. Ex officio/non-voting members shall consist of one member of the washington county board of supervisors and one member of the city council serving one of the following communities in washington county, iowa: washington, kalona, wellman, riverside, ainsworth, west chester, or coppock. The ex officio/non-voting members are to be selected by the foundation's board of directors when a vacancy is needed to be filled. The ex officio/non-voting board members shall serve terms on the board of directors of the same duration as the regular voting members of the board of directors.

Form 990, Part VI, Section B, Line 11B

The form 990 is prepared by an independent accounting firm. A copy of the 990 tax return is provided to the washington county riverboat foundation board of directors to review prior to filing the return.

Form 990, Part VI, Section B, Line 12C

The organization does have a written conflict of interest policy. It is enforced and each board member is required to sign off on the policy annually. If any director observes, learns of, or in good faith, believes it is possible that another affiliated individual has violated any provision of this conflict of interest policy, that director must immediately report the actual or suspected violation to the chair of the executive committee or to foundation staff. The executive committee has an obligation to investigate, address promptly, take appropriate action, and treat as confidential all reported violations. Records and minutes of board, board committee, and other foundation deliberations, decision, and votes will accurately record the existence of conflict situations, including any disclosure, recusal, and absence of the affiliated individual involved.

Form 990, Part VI, Section B, Line 15

No officer or board member receives compensation and therefore no formal policy to determine the amount of compensation exists.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Washington County Riverboat
EIN
20-1730015
Phone
3196533588
Address
205 WEST MAIN, WASHINGTON, IA 52353

Signing Officer

Name
Tom Basten
Title
President
Phone
3196533588
Signed
2020-03-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Basten
Formed
2004
Legal Domicile
Ia
Voting Board Members
14
Independent Board Members
14
Employees
2
Volunteers
17

Preparer

Firm
Cliftonlarsonallen Llp
Address
600 3RD AVE SE STE 300, CEDAR RAPIDS, IA 52401
Preparer
David Little
Phone
3193632697
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

No change in the oversight or selection process.

Financial Statement Notes

PART X, LINE 2:

The foundation is exempt from federal income taxes under section 501(c)(4) of the internal revenue code and a similar section of the iowa income tax law, which provides income tax exemption for corporations organized and operated exclusively for religious, charitable, or educational purposes. The internal revenue service has not classified the foundation as a private foundation. The foundation files information returns in the u.s. Federal jurisdiction. The foundation follows the accounting standard to evaluate uncertain tax positions and has determined that it was not required to record a liability related to uncertain tax positions.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd00
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
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IRS990/GrantsPayableGrp/BOYAmt081708
IRS990/GrantsPayableGrp/EOYAmt092545
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt03651166
IRS990/GrantsToDomesticOrgsGrp/TotalAmt03651166
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03552393
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01751
IRS990/InsuranceGrp/TotalAmt01751
IRS990/InvestmentIncomeGrp/ExclusionAmt08714
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt08714
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IRS990/IRPDocumentCnt02
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IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0WASHINGTON COUNTY RIVERBOAT FOUNDATION IS THE NON-PROFIT LICENSE HOLDER FOR THE RIVERSIDE CASINO AND GOLF RESORT. THE ORGANIZATION DISTRIBUTES DONATIONS FROM THE CASINO TO AREA ORGANIZATIONS AND MUNICIPALITIES IN THE FORM OF GRANTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt0981901
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01174469
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0981901
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt021498
IRS990/OfficeExpensesGrp/TotalAmt021498
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IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
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IRS990/OtherRevenueMiscGrp/Desc0REIMBURSEMENT
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IRS990/OtherRevenueTotalAmt019479
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt032515
IRS990/OtherSalariesAndWagesGrp/TotalAmt032515
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02994
IRS990/PayrollTaxesGrp/TotalAmt02994
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0328240
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0371587
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0TOM BASTEN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0MUNICIPAL FUND GRANTS
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0881051
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0881051
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03281014
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt03473049
IRS990/PYInvestmentIncomeAmt07379
IRS990/PYOtherExpensesAmt042645
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
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IRS990/PYSalariesCompEmpBnftPaidAmt042123
IRS990/PYTotalExpensesAmt03557817
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03288393
IRS990/ReconcilationRevenueExpnssAmt0-192568
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt014429
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0703453
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
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IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03552393
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE AND A SIMILAR SECTION OF THE IOWA INCOME TAX LAW, WHICH PROVIDES INCOME TAX EXEMPTION FOR CORPORATIONS ORGANIZED AND OPERATED EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, OR EDUCATIONAL PURPOSES. THE INTERNAL REVENUE SERVICE HAS NOT CLASSIFIED THE FOUNDATION AS A PRIVATE FOUNDATION. THE FOUNDATION FILES INFORMATION RETURNS IN THE U.S. FEDERAL JURISDICTION. THE FOUNDATION FOLLOWS THE ACCOUNTING STANDARD TO EVALUATE UNCERTAIN TAX POSITIONS AND HAS DETERMINED THAT IT WAS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt03744961
IRS990ScheduleD/TotalRevenuePerForm990Amt03552393
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03552393
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03744961
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt01004000
IRS990ScheduleI/RecipientTable/CashGrantAmt1596247
IRS990ScheduleI/RecipientTable/CashGrantAmt2186657
IRS990ScheduleI/RecipientTable/CashGrantAmt3162231
IRS990ScheduleI/RecipientTable/CashGrantAmt4150000
IRS990ScheduleI/RecipientTable/CashGrantAmt5125017
IRS990ScheduleI/RecipientTable/CashGrantAmt6120959
IRS990ScheduleI/RecipientTable/CashGrantAmt7105311
IRS990ScheduleI/RecipientTable/CashGrantAmt8103644
IRS990ScheduleI/RecipientTable/CashGrantAmt994403
IRS990ScheduleI/RecipientTable/CashGrantAmt1076426
IRS990ScheduleI/RecipientTable/CashGrantAmt1163964
IRS990ScheduleI/RecipientTable/CashGrantAmt1257026
IRS990ScheduleI/RecipientTable/CashGrantAmt1356491
IRS990ScheduleI/RecipientTable/CashGrantAmt1455268
IRS990ScheduleI/RecipientTable/CashGrantAmt1550000
IRS990ScheduleI/RecipientTable/CashGrantAmt1644323
IRS990ScheduleI/RecipientTable/CashGrantAmt1740795
IRS990ScheduleI/RecipientTable/CashGrantAmt1838595
IRS990ScheduleI/RecipientTable/CashGrantAmt1936622
IRS990ScheduleI/RecipientTable/CashGrantAmt2036564
IRS990ScheduleI/RecipientTable/CashGrantAmt2130690
IRS990ScheduleI/RecipientTable/CashGrantAmt2220000
IRS990ScheduleI/RecipientTable/CashGrantAmt2318551
IRS990ScheduleI/RecipientTable/CashGrantAmt2418440
IRS990ScheduleI/RecipientTable/CashGrantAmt2518328
IRS990ScheduleI/RecipientTable/CashGrantAmt2617423
IRS990ScheduleI/RecipientTable/CashGrantAmt2717004
IRS990ScheduleI/RecipientTable/CashGrantAmt2813387
IRS990ScheduleI/RecipientTable/CashGrantAmt2912000
IRS990ScheduleI/RecipientTable/CashGrantAmt3011498
IRS990ScheduleI/RecipientTable/CashGrantAmt3110567
IRS990ScheduleI/RecipientTable/CashGrantAmt3210000
IRS990ScheduleI/RecipientTable/CashGrantAmt3310000
IRS990ScheduleI/RecipientTable/CashGrantAmt3410000
IRS990ScheduleI/RecipientTable/CashGrantAmt359488
IRS990ScheduleI/RecipientTable/CashGrantAmt369310
IRS990ScheduleI/RecipientTable/CashGrantAmt379300
IRS990ScheduleI/RecipientTable/CashGrantAmt387814
IRS990ScheduleI/RecipientTable/CashGrantAmt397813
IRS990ScheduleI/RecipientTable/CashGrantAmt407813
IRS990ScheduleI/RecipientTable/CashGrantAmt417813
IRS990ScheduleI/RecipientTable/CashGrantAmt427813
IRS990ScheduleI/RecipientTable/CashGrantAmt437300
IRS990ScheduleI/RecipientTable/CashGrantAmt446384
IRS990ScheduleI/RecipientTable/CashGrantAmt456145
IRS990ScheduleI/RecipientTable/CashGrantAmt466030
IRS990ScheduleI/RecipientTable/CashGrantAmt475263
IRS990ScheduleI/RecipientTable/CashGrantAmt485000
IRS990ScheduleI/RecipientTable/CashGrantAmt495000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1GOVERNMENT
IRS990ScheduleI/RecipientTable/IRCSectionDesc2GOVERNMENT
IRS990ScheduleI/RecipientTable/IRCSectionDesc3SCHOOL
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc5GOVERNMENT
IRS990ScheduleI/RecipientTable/IRCSectionDesc6SCHOOL
IRS990ScheduleI/RecipientTable/IRCSectionDesc7SCHOOL
IRS990ScheduleI/RecipientTable/IRCSectionDesc8501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc9GOVERNMENT
IRS990ScheduleI/RecipientTable/IRCSectionDesc10501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc11GOVERNMENT
IRS990ScheduleI/RecipientTable/IRCSectionDesc12GOVERNMENT
IRS990ScheduleI/RecipientTable/IRCSectionDesc13501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc14501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc15501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc16501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc17501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc18SCHOOL
IRS990ScheduleI/RecipientTable/IRCSectionDesc19501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc20GOVERNMENT
IRS990ScheduleI/RecipientTable/IRCSectionDesc21501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc22501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc23GOVERNMENT
IRS990ScheduleI/RecipientTable/IRCSectionDesc24501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc25501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc26501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc27GOVERNMENT
IRS990ScheduleI/RecipientTable/IRCSectionDesc28501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc29501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc30501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc31501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc32501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc33501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc34501(C)(3)

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.01$0.00$4.01$5.11$6.75$1.64
2023Detailed filing. Detailed filing data is available for this year.$5.59$0.00$5.59$5.17$4.05$1.12
2022Detailed filing. Detailed filing data is available for this year.$4.41$0.00$4.41$5.02$2.37$2.65
2021Detailed filing. Detailed filing data is available for this year.$2.21$0.13$2.08$4.84$3.83$1.02
2020Detailed filing. Detailed filing data is available for this year.$1.58$0.51$1.07$3.11$3.03$0.08
2019Detailed filing. Detailed filing data is available for this year.$1.08$0.09$0.98$3.55$3.74$0.19
2018Detailed filing. Detailed filing data is available for this year.$1.26$0.08$1.17$3.29$3.56$0.27
2017Detailed filing. Detailed filing data is available for this year.$1.52$0.08$1.44$3.32$3.13$0.19
2016Detailed filing. Detailed filing data is available for this year.$1.32$0.07$1.25$3.23$3.22$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.30$0.06$1.24$3.18$3.12$0.07
2014Detailed filing. Detailed filing data is available for this year.$1.23$0.06$1.17$3.30$3.89$0.59
2013Detailed filing. Detailed filing data is available for this year.$1.91$0.15$1.76$3.35$3.05$0.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.54$0.07$1.46$3.15
2011Summary only. Only limited summary data is available for this year.$1.22$0.06$1.17$3.38$3.14$0.24
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.06$0.93$3.04