Civic Intelligence

Change Happens Foundation a Delaware Nonprofit Corporation

990PF • Fiscal year 2024 • EIN 20-5222620

Jan 01, 2024 to Dec 31, 2024 • Filed on Nov 05, 2025

PO Box 3681Urbandale, IA 50323

(515) 491-7111

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • $10M-$25M nonprofits • Source year 2024

Net Margin

74th percentile

25%

Higher net margin than 74% of similar nonprofits.

2024 filings • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

44th percentile

$133,131

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 10.6% of source-year revenue.

2024 filings • $10M-$25M nonprofits • Source year 2024

Asset Growth

62nd percentile

7.9%

Faster asset growth than 62% of similar nonprofits.

2024 filings • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

92nd percentile

174%

Faster revenue growth than 92% of similar nonprofits.

2024 filings • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$17,817,687

Up $1,310,062 (+7.9%) from 2023

Net Assets

Up

$17,817,687

Up $1,310,062 (+7.9%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue

Up

$1,254,141

Up $796,484 (+174%) from 2023

Expenses

Down

$935,883

Down $86,922 (-8.5%) from 2023

Net Income

Up

$318,258

Up $883,406 (+156%) from 2023

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $16,402,606Liabilities 2011: $02011Assets 2012: $15,738,885Liabilities 2012: $02012Assets 2013: $15,985,243Liabilities 2013: $02013Assets 2014: $15,310,327Liabilities 2014: $1,8232014Assets 2015: $14,167,660Liabilities 2015: $02015Assets 2016: $19,552,061Liabilities 2016: $0Net Assets 2016: $19,552,0612016Assets 2018: $17,810,313Liabilities 2018: $02018Assets 2019: $19,539,278Liabilities 2019: $02019Assets 2020: $18,728,184Liabilities 2020: $0Net Assets 2020: $18,728,1842020Assets 2021: $19,371,295Liabilities 2021: $0Net Assets 2021: $19,371,2952021Assets 2022: $15,588,730Liabilities 2022: $5,000Net Assets 2022: $15,583,7302022Assets 2023: $16,507,625Liabilities 2023: $0Net Assets 2023: $16,507,6252023Assets 2024: $17,817,687Liabilities 2024: $0Net Assets 2024: $17,817,6872024

Highlighted filing

2024

Assets$17,817,687
Liabilities$0
Net Assets$17,817,687

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2011: $976,869Expenses 2011: $1,749,014Net Income 2011: -$772,1452011Revenue 2012: $490,842Expenses 2012: $1,676,005Net Income 2012: -$1,185,1632012Revenue 2013: $1,140,043Expenses 2013: $1,820,198Net Income 2013: -$680,1552013Revenue 2014: $2,662,695Expenses 2014: $578,311Net Income 2014: $2,084,3842014Revenue 2015: $886,375Expenses 2015: $571,553Net Income 2015: $314,8222015Revenue 2016: -$27,586Expenses 2016: $1,084,319Net Income 2016: -$1,111,9052016Revenue 2018: $885,079Expenses 2018: $1,836,569Net Income 2018: -$951,4902018Revenue 2019: $1,335,854Expenses 2019: $1,695,079Net Income 2019: -$359,2252019Revenue 2020: $1,110,235Expenses 2020: $1,798,611Net Income 2020: -$688,3762020Revenue 2021: $868,377Expenses 2021: $1,822,157Net Income 2021: -$953,7802021Revenue 2022: $640,926Expenses 2022: $1,662,200Net Income 2022: -$1,021,2742022Revenue 2023: $457,657Expenses 2023: $1,022,805Net Income 2023: -$565,1482023Revenue 2024: $1,254,141Expenses 2024: $935,883Net Income 2024: $318,2582024

Highlighted filing

2024

Revenue$1,254,141
Expenses$935,883
Net Income$318,258
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 5, 2025
Return Version
2024v5.2
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SERGE TROXELBoard Director, Co-Exec Director, CSOPT$117,714$15,417$133,131
KRISTIN NONGBoard Director, Co-Exec Director, CFOPT$79,142$9,117$88,259
RICHARD WOOBoard Director-$25,000-$25,000
DOUGLAS TROXELBoard Member, President And CEO-$0--
DEBORAH TROXELBoard Member-$0--
MICHAEL TROXELBoard Director-$0--
Filing and Contact Details

Filer

Filer Name
Change Happens Foundation
EIN
20-5222620
Phone
5154917111
Address
PO BOX 3681, URBANDALE, IA 50323

Signing Officer

Name
Kristin D Nong
Title
Director
Phone
5154917111
Signed
2025-11-05
Discuss with paid preparer
Yes

Preparer

Firm
Baker Tilly Advisory Group Lp
Address
300 SANTANA ROW STE 300, SAN JOSE, CA 95128
Preparer
Pamela Alexanderson
Phone
4085587500
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$17.8$0.00$17.8$1.25$0.94$0.32
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.5$0.00$16.5$0.46$1.02$0.57
2022Detailed filing. Detailed filing data is available for this year.$15.6$0.01$15.6$0.64$1.66$1.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.4$0.00$19.4$0.87$1.82$0.95
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.7$0.00$18.7$1.11$1.80$0.69
2019Summary only. Only limited summary data is available for this year.$19.5$0.00$1.34$1.70$0.36
2018Summary only. Only limited summary data is available for this year.$17.8$0.00$0.89$1.84$0.95
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.6$0.00$19.6$0.03$1.08$1.11
2015Summary only. Only limited summary data is available for this year.$14.2$0.00$0.89$0.57$0.31
2014Summary only. Only limited summary data is available for this year.$15.3$0.00$2.66$0.58$2.08
2013Summary only. Only limited summary data is available for this year.$16.0$0.00$1.14$1.82$0.68
2012Summary only. Only limited summary data is available for this year.$15.7$0.00$0.49$1.68$1.19
2011Summary only. Only limited summary data is available for this year.$16.4$0.00$0.98$1.75$0.77