Civic Intelligence

Hughes Memorial Trust

990 • Fiscal year 2016 • EIN 20-6864365

Jan 01, 2016 to Dec 31, 2016 • Filed on May 25, 2017

1332 North FranklinManchester, IA 52057

(563) 927-6503

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

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

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

Liabilities / Revenue

14th percentile

0.00x

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

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

Net Margin

7th percentile

-46%

Higher net margin than 7% of similar nonprofits.

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

Top Officer Pay

37th percentile

$13,094

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 33.7% of source-year revenue.

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

Asset Growth

37th percentile

-1.7%

Faster asset growth than 37% of similar nonprofits.

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

Revenue Growth

28th percentile

-6.7%

Faster revenue growth than 28% of similar nonprofits.

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

Assets

Down

$1,053,966

Down $17,932 (-1.7%) from 2015

Net Assets

Down

$1,053,966

Down $17,932 (-1.7%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$38,866

Down $2,775 (-6.7%) from 2015

Expenses

Up

$56,798

Up $17,676 (+45%) from 2015

Net Income

Down

-$17,932

Down $20,451 (-812%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $1,031,495Liabilities 2011: $578Net Assets 2011: $1,030,9172011Assets 2012: $1,076,741Liabilities 2012: $0Net Assets 2012: $1,076,7412012Assets 2013: $1,077,313Liabilities 2013: $0Net Assets 2013: $1,077,3132013Assets 2014: $1,069,379Liabilities 2014: $0Net Assets 2014: $1,069,3792014Assets 2015: $1,071,898Liabilities 2015: $0Net Assets 2015: $1,071,8982015Assets 2016: $1,053,966Liabilities 2016: $0Net Assets 2016: $1,053,9662016Assets 2017: $1,039,457Liabilities 2017: $0Net Assets 2017: $1,039,4572017Assets 2018: $1,041,592Liabilities 2018: $0Net Assets 2018: $1,041,5922018Assets 2019: $1,036,395Liabilities 2019: $0Net Assets 2019: $1,036,3952019Assets 2020: $1,030,142Liabilities 2020: $0Net Assets 2020: $1,030,1422020Assets 2021: $1,084,208Liabilities 2021: $0Net Assets 2021: $1,084,2082021Assets 2022: $1,093,082Liabilities 2022: $0Net Assets 2022: $1,093,0822022Assets 2023: $1,069,189Liabilities 2023: $0Net Assets 2023: $1,069,1892023Assets 2024: $1,088,415Liabilities 2024: $0Net Assets 2024: $1,088,4152024

Highlighted filing

2016

Assets$1,053,966
Liabilities$0
Net Assets$1,053,966

Operations Trend

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

$100K$50K$0-$50KRevenue 2011: $17,153Expenses 2011: $35,642Net Income 2011: -$18,4892011Revenue 2012: $80,652Expenses 2012: $34,828Net Income 2012: $45,8242012Revenue 2013: $33,055Expenses 2013: $32,483Net Income 2013: $5722013Revenue 2014: $25,280Expenses 2014: $33,214Net Income 2014: -$7,9342014Revenue 2015: $41,641Expenses 2015: $39,122Net Income 2015: $2,5192015Revenue 2016: $38,866Expenses 2016: $56,798Net Income 2016: -$17,9322016Revenue 2017: $48,734Expenses 2017: $63,243Net Income 2017: -$14,5092017Revenue 2018: $41,196Expenses 2018: $39,061Net Income 2018: $2,1352018Revenue 2019: $35,091Expenses 2019: $40,288Net Income 2019: -$5,1972019Revenue 2020: $30,516Expenses 2020: $36,768Net Income 2020: -$6,2522020Revenue 2021: $98,682Expenses 2021: $44,615Net Income 2021: $54,0672021Revenue 2022: $64,830Expenses 2022: $53,656Net Income 2022: $11,1742022Revenue 2023: $39,308Expenses 2023: $63,199Net Income 2023: -$23,8912023Revenue 2024: $76,098Expenses 2024: $56,872Net Income 2024: $19,2262024

Highlighted filing

2016

Revenue$38,866
Expenses$56,798
Net Income-$17,932
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 25, 2017
Return Version
2016v3.0
Gross Receipts
$38,866
Mission and Program Overview

Mission

Museum; distressed farmer - rural community development conference center; other activities to promote and aid rural development

Museum and distressed farm conference center rural community awareness and promotion

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,071,898$1,053,966▼ $17,932
Land, Buildings, and Equipment, Net$458,698$509,827▲ $51,129
Investments in Publicly Traded Securities$544,949$508,483▼ $36,466
Cash and Non-Interest-Bearing Accounts$68,251$35,656▼ $32,595
Total Assets$1,071,898$1,053,966▼ $17,932
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,071,898$1,053,966▼ $17,932
Total Liabilities and Net Assets / Fund Balance$1,071,898$1,053,966▼ $17,932

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$297,140$3,038$300,178
Equipment$32,164$17,900$50,064
Land$171,182-$43,945
Other Land Buildings$9,341$2,676$12,017
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jeff OgdenVice PresidentPT$13,094$13,094
Diane OdgenPresidentPT$2,536$2,536
Revenue and Support

Revenue Composition

Contributions and Grants
$16,675
Program Service Revenue
$0
Investment Income
$22,191
Other Revenue
$0
All Other Contributions
$16,675
Change in Net Assets
$-17,932
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$34,957
Salaries, Compensation, and Employee Benefits$16,871
Grants and Similar Amounts Paid$4,970
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$18,303--$18,303
Current Officers, Directors, Trustees, and Key Employees-$16,871-$16,871
Depreciation Depletion$7,461--$7,461
Grants to Domestic Orgs$4,670--$4,670
Other Expenses$2,986--$2,986
Insurance$1,097$1,364-$2,461
Fees for Services Accounting-$705-$705
Office Expenses-$320-$320
Grants to Domestic Individuals$300--$300
Advertising$235--$235
Travel-$49-$49
Total Functional Expenses$37,489$19,309$0$56,798
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Line 2

President and vice president are married

Part VI Line 7A

Officers may choose to appoint more members to governing

Part VI Line 7A

BODY

Part VI Line 8A

Meetings can be documented contemporaneously

Part VI Line 11B

Completed 990 will is presented and reviewed at board

Part VI Line 11B

Meeting prior to due date of form

Part VI Line 18

Forms are available upon request

Part VI Line 19

AVAILABLE UPON REQUEST

Part VI

The trust's only trustees are husband and wife. They were

Part VI

The will establishing the trust only named three trustees

Part VI

There are no committees, since there are only two

Part VI

The organization's governing body consists of two people,

Part VI

The form 990 is available on the web. Other documents are

Filing and Contact Details

Filer

Filer Name
Hughes Memorial Trust
EIN
20-6864365
In Care Of
% DIANE OGDEN
Phone
5639276503
Address
1332 NORTH FRANKLIN, MANCHESTER, IA 52057

Signing Officer

Name
Diane Ogden
Title
President
Phone
5639276503
Signed
2017-05-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Diane Ogden
Legal Domicile
Ia
Voting Board Members
2
Independent Board Members
1
Employees
0

Preparer

Firm
Elkader Tax and Bookkeeping LLC
Address
124 A N MAIN STREET, PO BOX 359, ELKADER, IA 52043
Preparer
Kurt Dennler
Phone
5632452154
Supplemental Narrative

Additional Explanations

Line 2

Appointed trustees by the will of the decedent that originally

Line 2

ESTABLISHED THE TRUST.

LINE 7(A)

(the third trustee was the mother of the other trustees), one

LINE 7(A)

Of whom resigned when the attorney created the trust

LINE 7(A)

Document. He gave authority to the remaining trustees to

LINE 7(A)

Appoint additional trustees. To date, no additional

LINE 7(A)

Trustees have been appointed.

LINE 8(B)

TRUSTEES

Line 11

A husband and wife, both review the form 990 before filing

Line 11

It with the internal revenue service.

Line 19

AVAILABLE UPON REQUEST.

Raw XML Appendix356 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRESIDENT AND VICE PRESIDENT ARE MARRIED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS MAY CHOOSE TO APPOINT MORE MEMBERS TO GOVERNING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BODY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEETINGS CAN BE DOCUMENTED CONTEMPORANEOUSLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPLETED 990 WILL IS PRESENTED AND REVIEWED AT BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MEETING PRIOR TO DUE DATE OF FORM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FORMS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE TRUST'S ONLY TRUSTEES ARE HUSBAND AND WIFE. THEY WERE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9APPOINTED TRUSTEES BY THE WILL OF THE DECEDENT THAT ORIGINALLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10ESTABLISHED THE TRUST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11THE WILL ESTABLISHING THE TRUST ONLY NAMED THREE TRUSTEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12(THE THIRD TRUSTEE WAS THE MOTHER OF THE OTHER TRUSTEES), ONE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13OF WHOM RESIGNED WHEN THE ATTORNEY CREATED THE TRUST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14DOCUMENT. HE GAVE AUTHORITY TO THE REMAINING TRUSTEES TO
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15APPOINT ADDITIONAL TRUSTEES. TO DATE, NO ADDITIONAL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16TRUSTEES HAVE BEEN APPOINTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17THERE ARE NO COMMITTEES, SINCE THERE ARE ONLY TWO
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18TRUSTEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19THE ORGANIZATION'S GOVERNING BODY CONSISTS OF TWO PEOPLE,
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20A HUSBAND AND WIFE, BOTH REVIEW THE FORM 990 BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21IT WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22THE FORM 990 IS AVAILABLE ON THE WEB. OTHER DOCUMENTS ARE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt23AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part VI Line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part VI Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part VI Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part VI Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Part VI Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12LINE 7(a)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13LINE 7(a)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14LINE 7(a)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15LINE 7(a)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16LINE 7(a)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18LINE 8(b)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc22PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc23LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01071898
IRS990/TotalAssetsEOYAmt01053966
IRS990/TotalAssetsGrp/BOYAmt01071898
IRS990/TotalAssetsGrp/EOYAmt01053966
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt016675
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt019309
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt037489
IRS990/TotalFunctionalExpensesGrp/TotalAmt056798
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01071898
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01053966
IRS990/TotalProgramServiceExpensesAmt056798
IRS990/TotalReportableCompFromOrgAmt015630
IRS990/TotalRevenueGrp/ExclusionAmt022191
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt038866
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01071898
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01053966
IRS990/TravelGrp/ManagementAndGeneralAmt049
IRS990/TravelGrp/TotalAmt049
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01332 NORTH FRANKLIN
IRS990/USAddress/CityNm0MANCHESTER
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd052057
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt01
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DIANE OGDEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05639276503
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HUGHES MEMORIAL TRUST
ReturnHeader/Filer/BusinessNameControlTxt0HUGH
ReturnHeader/Filer/EIN0206864365
ReturnHeader/Filer/InCareOfNm0% DIANE OGDEN
ReturnHeader/Filer/PhoneNum05639276503
ReturnHeader/Filer/USAddress/AddressLine1Txt01332 NORTH FRANKLIN
ReturnHeader/Filer/USAddress/CityNm0MANCHESTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd052057
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0B57659760822E43A12BC1B215A35229D924A490E
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId006916EBCC2CE1CE43BFEC5D1E5D0873C3F66D89B
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId042468720171453361898
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02017-05-25
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt067.55.195.136
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0475192407
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ELKADER TAX AND BOOKKEEPING LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0124 A N MAIN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine2Txt0PO BOX 359
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ELKADER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd052043
ReturnHeader/PreparerPersonGrp/PhoneNum05632452154
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KURT DENNLER
ReturnHeader/ReturnTs02017-05-25T12:12:00-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.09$0.00$1.09$0.08$0.06$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.00$1.07$0.04$0.06$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.09$0.00$1.09$0.06$0.05$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.08$0.00$1.08$0.10$0.04$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$0.00$1.03$0.03$0.04$0.01
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.00$1.04$0.04$0.04$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.04$0.00$1.04$0.04$0.04$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.04$0.00$1.04$0.05$0.06$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$0.04$0.06$0.02
2015Summary only. Only limited summary data is available for this year.$1.07$0.00$1.07$0.04$0.04$0.00
2014Summary only. Only limited summary data is available for this year.$1.07$0.00$1.07$0.03$0.03$0.01
2013Summary only. Only limited summary data is available for this year.$1.08$0.00$1.08$0.03$0.03$0.00
2012Summary only. Only limited summary data is available for this year.$1.08$0.00$1.08$0.08$0.03$0.05
2011Summary only. Only limited summary data is available for this year.$1.03$0.00$1.03$0.02$0.04$0.02
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • $1M-$5M nonprofits