Civic Intelligence

Marshalltown Christian School

990 • Fiscal year 2018 • EIN 20-3857553

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 12, 2018

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

69th percentile

0.26x

Higher debt load relative to assets than 69% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

87th percentile

1.22x

Higher debt load relative to revenue than 87% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

77th percentile

20%

Higher net margin than 77% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

44th percentile

-0.5%

Faster asset growth than 44% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

22nd percentile

-9.5%

Faster revenue growth than 22% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$1,881,514

Down $8,773 (-0.5%) from 2017

Net Assets

Up

$1,388,777

Up $81,109 (+6.2%) from 2017

Liabilities

Down

$492,737

Down $89,882 (-15%) from 2017

Revenue

Down

$402,603

Down $42,299 (-9.5%) from 2017

Expenses

Up

$323,494

Up $8,384 (+2.7%) from 2017

Net Income

Down

$79,109

Down $50,683 (-39%) from 2017

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

2018

Assets$1,881,514
Liabilities$492,737
Net Assets$1,388,777

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

2018

Revenue$402,603
Expenses$323,494
Net Income$79,109
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 12, 2018
Return Version
2017v2.3
Gross Receipts
$411,470
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$1,834,671$1,795,281▼ $39,390
Rtn Earn Endowment Incm Other Fnds$1,305,668$1,384,777▲ $79,109
Cash and Non-Interest-Bearing Accounts$39,030$68,951▲ $29,921
Savings and Temporary Cash Investments$16,947$16,488▼ $459
Pd in Cap Srpls Land Bldg Eqp Fund$2,000$4,000▲ $2,000
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,890,287$1,881,514▼ $8,773
Other Assets Total$-361$794▲ $1,155
Liabilities
Mortgage Notes Payable Secured by Investment Property$578,350$489,482▼ $88,868
Other Liabilities$3,429$3,255▼ $174
Accounts Payable and Accrued Expenses$840--
Total Liabilities$582,619$492,737▼ $89,882
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,307,668$1,388,777▲ $81,109
Total Liabilities and Net Assets / Fund Balance$1,890,287$1,881,514▼ $8,773

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,709,606$109,757$1,819,363
Land$69,932-$69,932
Other Land Buildings$15,743$3,721$19,464
Compensation and Service Providers

Board Members and Trustees

NameTitle
Marilyn DownsPresident
Jodi NortonDirector
Matt JohnsonDirector
Michelle MccordDirector
Sarah RodriquezDirector
Shawna HerrmanDirector
Echo NueseSecretary
Penni ChadderdonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$171,718
Program Service Revenue
$221,349
Investment Income
$13
Other Revenue
$9,523
All Other Contributions
$171,718
Change in Net Assets
$79,109
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$202,827
Other Expenses$119,906
Grants and Similar Amounts Paid$761
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$136,229$51,102-$187,331
Depreciation Depletion-$49,620-$49,620
Interest-$24,732-$24,732
Payroll Taxes$11,263$4,233-$15,496
Occupancy-$13,250-$13,250
Information Technology-$5,706-$5,706
Other Expenses$5,988$2,086-$2,086
All Other Expenses$1,763$272-$2,035
Office Expenses-$1,274-$1,274
Grants to Domestic Individuals$761--$761
Advertising-$486-$486
Fees for Services Legal-$360-$360
Total Functional Expenses$165,622$157,872$0$323,494
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$18,390
Fundraising Direct Expenses$8,867
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Miscellaneous Fundraisers$18,390$18,390$8,867$9,523
Total Events$18,390$18,390$8,867$9,523
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$3,255
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 11B

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
2018-11-12
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
17
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
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Increase this year 2,000.

Raw XML AppendixShowing 400 of 405 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01305668
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01384777
IRS990/SavingsAndTempCashInvstGrp/BOYAmt016947
IRS990/SavingsAndTempCashInvstGrp/EOYAmt016488
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01709606
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0109757
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01819363
IRS990ScheduleD/LandGrp/BookValueAmt069932
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt069932
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt015743
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03721
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt019464
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03255
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01795281
IRS990ScheduleD/TotalLiabilityAmt03255
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/DirectExpenseSummaryEventsAmt08867
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0MISCELLANEOUS FUNDRAISERS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt018390
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt018390
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt018390
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt018390
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt09523
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt08867
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt08867
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/ExplanationTxt3INCREASE THIS YEAR 2,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01890287
IRS990/TotalAssetsEOYAmt01881514
IRS990/TotalAssetsGrp/BOYAmt01890287
IRS990/TotalAssetsGrp/EOYAmt01881514
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0171718
IRS990/TotalEmployeeCnt017
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0157872
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0165622
IRS990/TotalFunctionalExpensesGrp/TotalAmt0323494
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0582619
IRS990/TotalLiabilitiesEOYAmt0492737
IRS990/TotalLiabilitiesGrp/BOYAmt0582619
IRS990/TotalLiabilitiesGrp/EOYAmt0492737
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01307668
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01388777
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0165622
IRS990/TotalProgramServiceRevenueAmt0221349
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt09536
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0221349
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0402603
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01890287
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01881514
IRS990/TotReportableCompRltdOrgAmt00
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/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PENNI CHADDERDON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06417528231
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-12
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/FilingSecurityInformation/AtSubmissionCreationDeviceId0C1E7CBFC2CEF142EDD1F8BEF45A5926655439ED7
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0788463F6CE0C6322AD47C2552A5A98A0D9CC5D98
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0216.248.121.177
ReturnHeader/FilingSecurityInformation/IPDt02018-11-12
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm013:56:16
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/PreparationDt02018-11-12
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
2018Detailed filing. Detailed filing data is available for this year.$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