Civic Intelligence

Cedar Valley Irish Cultural Association Inc.

990 • Fiscal year 2023 • EIN 20-8384052

Jan 01, 2023 to Dec 31, 2023 • Filed on May 31, 2024

315 E 5th StreetWaterloo, IA 50703

(319) 234-9029

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.00x

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

32nd percentile

0.00x

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

36th percentile

-2.1%

Higher net margin than 36% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

24th percentile

-5.7%

Faster asset growth than 24% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

47th percentile

5.9%

Faster revenue growth than 47% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$344,984

Down $20,732 (-5.7%) from 2022

Net Assets

Down

$344,984

Down $20,732 (-5.7%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$696,279

Up $38,619 (+5.9%) from 2022

Expenses

Up

$710,822

Up $33,369 (+4.9%) from 2022

Net Income

Up

-$14,543

Up $5,250 (+27%) from 2022

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2008: $14,696Liabilities 2008: $02008Assets 2011: $22,513Liabilities 2011: $0Net Assets 2011: $22,5132011Assets 2012: $29,526Liabilities 2012: $0Net Assets 2012: $29,5262012Assets 2013: $107,446Liabilities 2013: $0Net Assets 2013: $107,4462013Assets 2014: $144,613Liabilities 2014: $0Net Assets 2014: $144,6132014Assets 2015: $203,218Liabilities 2015: $0Net Assets 2015: $203,2182015Assets 2016: $136,874Liabilities 2016: $0Net Assets 2016: $136,8742016Assets 2017: $157,411Liabilities 2017: $0Net Assets 2017: $157,4112017Assets 2018: $254,251Liabilities 2018: $0Net Assets 2018: $254,2512018Assets 2019: $225,347Liabilities 2019: $0Net Assets 2019: $225,3472019Assets 2020: $230,465Liabilities 2020: $0Net Assets 2020: $230,4652020Assets 2021: $373,974Liabilities 2021: $0Net Assets 2021: $373,9742021Assets 2022: $365,716Liabilities 2022: $0Net Assets 2022: $365,7162022Assets 2023: $344,984Liabilities 2023: $0Net Assets 2023: $344,9842023Assets 2024: $349,203Liabilities 2024: $3,497Net Assets 2024: $345,7062024

Highlighted filing

2023

Assets$344,984
Liabilities$0
Net Assets$344,984

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2008: $162,841Expenses 2008: $151,461Net Income 2008: $11,3802008Revenue 2011: $217,746Expenses 2011: $208,977Net Income 2011: $8,7692011Revenue 2012: $223,520Expenses 2012: $216,507Net Income 2012: $7,0132012Revenue 2013: $334,667Expenses 2013: $256,747Net Income 2013: $77,9202013Revenue 2014: $365,118Expenses 2014: $327,951Net Income 2014: $37,1672014Revenue 2015: $463,221Expenses 2015: $404,616Net Income 2015: $58,6052015Revenue 2016: $414,687Expenses 2016: $481,031Net Income 2016: -$66,3442016Revenue 2017: $507,453Expenses 2017: $486,916Net Income 2017: $20,5372017Revenue 2018: $650,505Expenses 2018: $553,665Net Income 2018: $96,8402018Revenue 2019: $678,736Expenses 2019: $707,640Net Income 2019: -$28,9042019Revenue 2020: $120,877Expenses 2020: $115,759Net Income 2020: $5,1182020Revenue 2021: $560,729Expenses 2021: $547,309Net Income 2021: $13,4202021Revenue 2022: $657,660Expenses 2022: $677,453Net Income 2022: -$19,7932022Revenue 2023: $696,279Expenses 2023: $710,822Net Income 2023: -$14,5432023Revenue 2024: $775,603Expenses 2024: $774,134Net Income 2024: $1,4692024

Highlighted filing

2023

Revenue$696,279
Expenses$710,822
Net Income-$14,543
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 31, 2024
Return Version
2023v5.0
Gross Receipts
$944,048
Mission and Program Overview

Mission

The cedar valley irish cultural association is an organization intended to foster and develop irish fellowship and outreach into the community with the irish cultural events and programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$302,743$291,320▼ $11,423
Investments in Publicly Traded Securities$42,852$36,662▼ $6,190
Cash and Non-Interest-Bearing Accounts$20,121$17,002▼ $3,119
Total Assets$365,716$344,984▼ $20,732
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$365,716$344,984▼ $20,732
Total Net Assets Fund Balance$365,716$344,984▼ $20,732
Total Liabilities and Net Assets / Fund Balance$365,716$344,984▼ $20,732
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rory Dolan SrPresident/di
Agnes KressDirector
Chad ShipmanDirector
Kristina MillerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$9,764
Program Service Revenue
$574,291
Investment Income
$3,813
Other Revenue
$108,411
All Other Contributions
$2,435
Change in Net Assets
$-14,543
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$691,770
Grants and Similar Amounts Paid$19,052
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$88,797--$88,797
Other Expenses$61,741--$61,741
Grants to Domestic Orgs$18,752--$18,752
All Other Expenses$17,786--$17,786
Insurance$7,828--$7,828
Occupancy$6,856--$6,856
Fees for Services Management$3,500--$3,500
Travel$2,176--$2,176
Fees for Services Accounting$2,031--$2,031
Fees for Services Other$1,404--$1,404
Grants to Domestic Individuals$300--$300
Total Functional Expenses$710,822$0$0$710,822
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
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
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, Page 6, Part VI, Line 11B

Tax return reviewed by management and provided to all officers

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Cedar Valley Irish Cultural
EIN
20-8384052
Phone
3192349029
Address
315 E 5TH STREET, WATERLOO, IA 50703

Signing Officer

Name
Rory Dolan Sr
Title
President/director
Phone
3192349029
Signed
2024-05-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rory Dolan Sr
Formed
2007
Legal Domicile
Ia
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
1,600

Preparer

Firm
Hogan - Hansen Pc
Address
3128 BROCKWAY ROAD, WATERLOO, IA 50701-5103
Preparer
Steven K Duggan CPA
Phone
3192335225
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0365716
IRS990/TotalAssetsEOYAmt0344984
IRS990/TotalAssetsGrp/BOYAmt0365716
IRS990/TotalAssetsGrp/EOYAmt0344984
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt09764
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0710822
IRS990/TotalFunctionalExpensesGrp/TotalAmt0710822
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0365716
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0344984
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt030749
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt030749
IRS990/TotalProgramServiceExpensesAmt0710822
IRS990/TotalProgramServiceRevenueAmt0574291
IRS990/TotalRevenueGrp/ExclusionAmt03813
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0682702
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0696279
IRS990/TotalVolunteersCnt01600
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0365716
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0344984
IRS990/TravelGrp/ProgramServicesAmt02176
IRS990/TravelGrp/TotalAmt02176
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0315 E 5TH STREET
IRS990/USAddress/CityNm0WATERLOO
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd050703
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.IOWAIRISHFEST.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RORY DOLAN SR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03192349029
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CEDAR VALLEY IRISH CULTURAL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0CEDA
ReturnHeader/Filer/EIN0208384052
ReturnHeader/Filer/PhoneNum03192349029
ReturnHeader/Filer/USAddress/AddressLine1Txt0315 E 5TH STREET
ReturnHeader/Filer/USAddress/CityNm0WATERLOO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050703
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0420991212
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HOGAN - HANSEN PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03128 BROCKWAY ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WATERLOO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0507015103
ReturnHeader/PreparerPersonGrp/PhoneNum03192335225
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN K DUGGAN CPA
ReturnHeader/ReturnTs02024-05-23T13:12:47-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RORY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DOLAN SR
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.49$0.03$3.46$7.76$7.74$0.01
2023Detailed filing. Detailed filing data is available for this year.$3.45$0.00$3.45$6.96$7.11$0.15
2022Detailed filing. Detailed filing data is available for this year.$3.66$0.00$3.66$6.58$6.77$0.20
2021Detailed filing. Detailed filing data is available for this year.$3.74$0.00$3.74$5.61$5.47$0.13
2020Detailed filing. Detailed filing data is available for this year.$2.30$0.00$2.30$1.21$1.16$0.05
2019Summary only. Only limited summary data is available for this year.$2.25$0.00$2.25$6.79$7.08$0.29
2018Summary only. Only limited summary data is available for this year.$2.54$0.00$2.54$6.51$5.54$0.97
2017Summary only. Only limited summary data is available for this year.$1.57$0.00$1.57$5.07$4.87$0.21
2016Summary only. Only limited summary data is available for this year.$1.37$0.00$1.37$4.15$4.81$0.66
2015Summary only. Only limited summary data is available for this year.$2.03$0.00$2.03$4.63$4.05$0.59
2014Summary only. Only limited summary data is available for this year.$1.45$0.00$1.45$3.65$3.28$0.37
2013Summary only. Only limited summary data is available for this year.$1.07$0.00$1.07$3.35$2.57$0.78
2012Summary only. Only limited summary data is available for this year.$0.30$0.00$0.30$2.24$2.17$0.07
2011Summary only. Only limited summary data is available for this year.$0.23$0.00$0.23$2.18$2.09$0.09
2008Summary only. Only limited summary data is available for this year.$0.15$0.00$1.63$1.51$0.11