Civic Intelligence

Marshalltown Christian School

990 • Fiscal year 2016 • EIN 20-3857553

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 09, 2016

1408 S 7th Ave - PO Box 1514Marshalltown, IA 50158

(641) 753-8824

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.37x

Higher debt load relative to assets than 73% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

89th percentile

1.61x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

90th percentile

40%

Higher net margin than 90% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

95th percentile

83%

Faster asset growth than 95% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

13th percentile

-25%

Faster revenue growth than 13% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,855,574

Up $842,711 (+83%) from 2015

Net Assets

Up

$1,177,876

Up $169,226 (+17%) from 2015

Liabilities

Up

$677,698

Up $673,485 (+15986%) from 2015

Revenue

Down

$420,382

Down $137,194 (-25%) from 2015

Expenses

Up

$251,156

Up $67,431 (+37%) from 2015

Net Income

Down

$169,226

Down $204,625 (-55%) from 2015

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2012: $88,411Liabilities 2012: $4,013Net Assets 2012: $84,3982012Assets 2013: $419,418Liabilities 2013: $4,061Net Assets 2013: $415,3572013Assets 2014: $637,765Liabilities 2014: $2,966Net Assets 2014: $634,7992014Assets 2015: $1,012,863Liabilities 2015: $4,213Net Assets 2015: $1,008,6502015Assets 2016: $1,855,574Liabilities 2016: $677,698Net Assets 2016: $1,177,8762016Assets 2017: $1,890,287Liabilities 2017: $582,619Net Assets 2017: $1,307,6682017Assets 2018: $1,881,514Liabilities 2018: $492,737Net Assets 2018: $1,388,7772018Assets 2019: $1,871,165Liabilities 2019: $269,522Net Assets 2019: $1,601,6432019Assets 2020: $1,892,895Liabilities 2020: $109,143Net Assets 2020: $1,783,7522020Assets 2021: $1,855,754Liabilities 2021: $46,381Net Assets 2021: $1,809,3732021Assets 2022: $1,853,851Liabilities 2022: $14,557Net Assets 2022: $1,839,2942022Assets 2023: $1,868,250Liabilities 2023: $13,110Net Assets 2023: $1,855,1402023Assets 2024: $2,030,380Liabilities 2024: $13,170Net Assets 2024: $2,017,2102024

Highlighted filing

2016

Assets$1,855,574
Liabilities$677,698
Net Assets$1,177,876

Operations Trend

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

$800K$600K$400K$200K$0Expenses 2012: $184,7572012Revenue 2013: $503,976Expenses 2013: $173,017Net Income 2013: $330,9592013Revenue 2014: $396,332Expenses 2014: $176,890Net Income 2014: $219,4422014Revenue 2015: $557,576Expenses 2015: $183,725Net Income 2015: $373,8512015Revenue 2016: $420,382Expenses 2016: $251,156Net Income 2016: $169,2262016Revenue 2017: $444,902Expenses 2017: $315,110Net Income 2017: $129,7922017Revenue 2018: $402,603Expenses 2018: $323,494Net Income 2018: $79,1092018Revenue 2019: $569,778Expenses 2019: $356,912Net Income 2019: $212,8662019Revenue 2020: $517,132Expenses 2020: $335,023Net Income 2020: $182,1092020Revenue 2021: $358,475Expenses 2021: $332,854Net Income 2021: $25,6212021Revenue 2022: $397,836Expenses 2022: $367,915Net Income 2022: $29,9212022Revenue 2023: $426,172Expenses 2023: $410,326Net Income 2023: $15,8462023Revenue 2024: $750,914Expenses 2024: $588,844Net Income 2024: $162,0702024

Highlighted filing

2016

Revenue$420,382
Expenses$251,156
Net Income$169,226
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 9, 2016
Return Version
2015v2.1
Gross Receipts
$431,222
Mission and Program Overview

Mission

The organization operates a pre-kindergarten through 8th grade school in marshalltown, iowa for children in the marshalltown area. The school's mission is to educate children in an environment that is supportive of god's word and teaches children christian morals and values.

To glorify god by providing a christ-centered educational opportunity to children in the marshalltown area. To lead to a relationship with god, knowledge of the bible as the word of god, academic excellence, an atmosphere of christian love, development of christian character and service and leadership in the church and community. The school's purpose is to assist families in establishing quality, bible-centered education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$69,932$1,709,770▲ $1,639,838
Rtn Earn Endowment Incm Other Fnds$1,006,650$1,175,876▲ $169,226
Prepaid Expenses and Deferred Charges$868,027--
Savings and Temporary Cash Investments-$119,567-
Cash and Non-Interest-Bearing Accounts$72,950$25,797▼ $47,153
Pd in Cap Srpls Land Bldg Eqp Fund$2,000$2,000→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,012,863$1,855,574▲ $842,711
Other Assets Total$1,954$440▼ $1,514
Liabilities
Mortgage Notes Payable Secured by Investment Property-$673,500-
Other Liabilities$3,204$3,358▲ $154
Accounts Payable and Accrued Expenses$1,009$840▼ $169
Total Liabilities$4,213$677,698▲ $673,485
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,008,650$1,177,876▲ $169,226
Total Liabilities and Net Assets / Fund Balance$1,012,863$1,855,574▲ $842,711

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,635,279$19,447$1,654,726
Land$69,932-$69,932
Other Land Buildings$4,559$58$4,617
Compensation and Service Providers

Board Members and Trustees

NameTitle
Marilyn DownsPresident
Bethany WirinDirector
Holly BlayerDirector
Lisa BlevingsDirector
Sarah RodriquezDirector
Todd NortonDirector
Echo NueseSecretary
Penni ChadderdonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$230,906
Program Service Revenue
$181,504
Investment Income
$50
Other Revenue
$7,922
All Other Contributions
$230,906
Change in Net Assets
$169,226
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$158,120
Other Expenses$93,036
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$131,070$14,912-$145,982
Depreciation Depletion-$19,505-$19,505
Interest-$12,142-$12,142
Payroll Taxes$12,138--$12,138
Occupancy$2,500$8,599-$11,099
All Other Expenses$2,602$2,404-$5,006
Insurance-$3,373-$3,373
Office Expenses-$2,985-$2,985
Other Expenses$2,296$18,597-$2,296
Travel-$840-$840
Fees for Services Legal-$340-$340
Total Functional Expenses$167,459$83,697$0$251,156
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$18,712
Fundraising Direct Expenses$10,840
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Miscellaneous Fundraisers$18,712$18,712$10,840$7,872
Total Events$18,712$18,712$10,840$7,872
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$3,358
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
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 B, Line 11

The organization's 990 is reviewed by the organization's treasurer before filing.

Form 990, Part VI, Section C, Line 18

The organization's form 1023 and form 990's are available for public inspection upon request.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy and financial statements are available for public inspection upon request.

Filing and Contact Details

Filer

Filer Name
Marshalltown Christian School
EIN
20-3857553
Phone
6417538824
Address
1408 S 7TH AVE - PO BOX 1514, MARSHALLTOWN, IA 50158

Signing Officer

Name
Penni Chadderdon
Title
Treasurer
Phone
6417528231
Signed
2016-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Penni Chadderdon
Formed
2006
Legal Domicile
Ia
Voting Board Members
8
Independent Board Members
8
Employees
11
Volunteers
0

Preparer

Firm
Moore Mckibben Goodman Et Al Llp
Address
26 SOUTH FIRST AVENUE STE 302, MARSHALLTOWN, IA 50158
Preparer
Sean K Heitmann
Phone
6417524271
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0119567
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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/BuildingsGrp/BookValueAmt01635279
IRS990ScheduleD/BuildingsGrp/DepreciationAmt019447
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01654726
IRS990ScheduleD/LandGrp/BookValueAmt069932
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt069932
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt04559
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt058
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04617
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03358
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01709770
IRS990ScheduleD/TotalLiabilityAmt03358
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0NOTICE OF NON-DISCRIMINATORY POLICY PUBLISHED ANNUALLY IN THE MARSHALLTOWN TIMES-REPUBLICAN NEWSPAPER IN ACCORDANCE WITH REV PROC 75-50. NON-DISCRIMINATORY POLICY ALSO PUBLISHED ON ORGANIZATION'S WEBSITE
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt010840
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0MISCELLANEOUS FUNDRAISERS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt018712
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt018712
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt018712
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt018712
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt07872
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt010840
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt010840
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S 990 IS REVIEWED BY THE ORGANIZATION'S TREASURER BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S FORM 1023 AND FORM 990'S ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01012863
IRS990/TotalAssetsEOYAmt01855574
IRS990/TotalAssetsGrp/BOYAmt01012863
IRS990/TotalAssetsGrp/EOYAmt01855574
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0230906
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt083697
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0167459
IRS990/TotalFunctionalExpensesGrp/TotalAmt0251156
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04213
IRS990/TotalLiabilitiesEOYAmt0677698
IRS990/TotalLiabilitiesGrp/BOYAmt04213
IRS990/TotalLiabilitiesGrp/EOYAmt0677698
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01008650
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01177876
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0167459
IRS990/TotalProgramServiceRevenueAmt0181504
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt07922
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0181554
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0420382
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01012863
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01855574
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0840
IRS990/TravelGrp/TotalAmt0840
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02005 TIMBERLINE RD
IRS990/USAddress/CityNm0MARSHALLTOWN
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd050158
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.MARSHALLTOWNCHRISTIANSCHOOL.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PENNI CHADDERDON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06417528231
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MARSHALLTOWN CHRISTIAN SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0MARS
ReturnHeader/Filer/EIN0203857553
ReturnHeader/Filer/PhoneNum06417538824
ReturnHeader/Filer/USAddress/AddressLine1Txt01408 S 7TH AVE - PO BOX 1514
ReturnHeader/Filer/USAddress/CityNm0MARSHALLTOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050158
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421159914
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MOORE MCKIBBEN GOODMAN ET AL LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt026 SOUTH FIRST AVENUE STE 302
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MARSHALLTOWN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050158
ReturnHeader/PreparerPersonGrp/PhoneNum06417524271
ReturnHeader/PreparerPersonGrp/PreparationDt02016-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SEAN K HEITMANN

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Summary only. Only limited summary data is available for this year.$2.03$0.01$2.02$0.75$0.59$0.16
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.87$0.01$1.86$0.43$0.41$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.85$0.01$1.84$0.40$0.37$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.86$0.05$1.81$0.36$0.33$0.03
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.89$0.11$1.78$0.52$0.34$0.18
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.87$0.27$1.60$0.57$0.36$0.21
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.88$0.49$1.39$0.40$0.32$0.08
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.89$0.58$1.31$0.44$0.32$0.13
2016Detailed filing. Detailed filing data is available for this year.$1.86$0.68$1.18$0.42$0.25$0.17
2015Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$0.56$0.18$0.37
2014Detailed filing. Detailed filing data is available for this year.$0.64$0.00$0.63$0.40$0.18$0.22
2013Summary only. Only limited summary data is available for this year.$0.42$0.00$0.42$0.50$0.17$0.33
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.00$0.08$0.18