Civic Intelligence

Iowa Speedway Foundation

EIN 20-8534658 • 501(c)3 • Cresco, IA

Profile

To exclusively promote and carry on any religious, charitable, or educational purpose and/or activity for which corporations may be organized under the provisions of section 501c(3)of the internal revenue code.

11969 Valley AveCresco, IA 52136

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2016

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2016

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

47th percentile

-4.1%

Faster asset growth than 47% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$11,611

Down $500 (-4.1%) from 2015

Liabilities

Flat

$0

Flat from 2015

Net Assets

Down

$11,611

Down $500 (-4.1%) from 2015

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2015

Expenses

Down

$500

Down $975 (-66%) from 2015

Net Income

Up

-$500

Up $975 (+66%) from 2015

Trend Graphs

Balance Sheet Trend

Asset Growth47th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2010: $65,122Liabilities 2010: $0Net Assets 2010: $65,1222010Assets 2011: $103,155Liabilities 2011: $0Net Assets 2011: $103,1552011Assets 2012: $127,731Liabilities 2012: $0Net Assets 2012: $127,7312012Assets 2013: $148,648Liabilities 2013: $02013Assets 2014: $13,586Liabilities 2014: $0Net Assets 2014: $13,5862014Assets 2015: $12,111Liabilities 2015: $0Net Assets 2015: $12,1112015Assets 2016: $11,611Liabilities 2016: $0Net Assets 2016: $11,6112016

Highlighted filing

2016

Assets$11,611
Liabilities$0
Net Assets$11,611
Open 2016 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100K-$200KRevenue 2010: $129,641Expenses 2010: $101,320Net Income 2010: $28,3212010Revenue 2011: $150,998Expenses 2011: $112,259Net Income 2011: $38,7392011Revenue 2012: $149,373Expenses 2012: $124,797Net Income 2012: $24,5762012Revenue 2013: $68,409Expenses 2013: $47,492Net Income 2013: $20,9172013Revenue 2014: $2,728Expenses 2014: $137,790Net Income 2014: -$135,0622014Revenue 2015: $0Expenses 2015: $1,475Net Income 2015: -$1,4752015Revenue 2016: $0Expenses 2016: $500Net Income 2016: -$5002016

Highlighted filing

2016

Revenue$0
Expenses$500
Net Income-$500
Open 2016 Filing

Filings

Most recent year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,611
Liabilities
$0
Net assets
$11,611
Revenue
$0
Expenses
$500
Net income
-$500
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.00$0.01$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.00$0.01$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$0.03$1.38$1.35
2013Summary only. Only limited summary data is available for this year.$1.49$0.00$0.68$0.47$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.28$0.00$1.28$1.49$1.25$0.25
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.03$0.00$1.03$1.51$1.12$0.39
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.65$0.00$0.65$1.30$1.01$0.28
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 8, 2017
Return Version
2016v3.0
Gross Receipts
$0
Mission and Program Overview

Mission

To exclusively promote and carry on any religious, charitable, or educational purpose and/or activity for which corporations may be organized under the provisions of section 501(c)(3)of the internal revenue code.

Program Services

DescriptionGrantsExpenses
PROVIDE DONATIONS TO LOCAL AND REGIONAL ORGANIZATIONS TO ASSIST EACH ORGANIZATION IN MEETING THEIR SPECIFIC NEEDS.$0$0
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
STANLEY CLEMENTSecretary-$0--
ERIC CLEMENTPresident-$0--
TYLER CLEMENTOfficer-$0--
LUKE CLEMENTOfficer-$0--
CONRAD CLEMENTOfficer-$0--
Filing and Contact Details

Filer

Filer Name
Clement Family Foundation
EIN
20-8534658
Phone
6417918000
Address
11969 VALLEY AVE, CRESCO, IA 52136

Signing Officer

Name
Eric Clement
Title
President
Phone
6417918000
Signed
2017-05-08
Discuss with paid preparer
Yes

Preparer

Firm
Rsm US Llp
Address
310 BROADWAY AVENUE S SUITE 300, ROCHESTER, MN 55904
Preparer
Ed Chestolowski
Phone
5072886476
Raw XML Appendix158 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/PersonNm0ERIC CLEMENT
IRS990EZ/BooksInCareOfDetail/PhoneNum06417918000
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt011969 VALLEY AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CRESCO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd052136
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt012111
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt011611
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-500
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0500
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt011611
IRS990EZ/GrossReceiptsAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt012111
IRS990EZ/NetAssetsOrFundBalancesEOYAmt011611
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt012111
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt011611
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0STANLEY CLEMENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ERIC CLEMENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2TYLER CLEMENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LUKE CLEMENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CONRAD CLEMENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4OFFICER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO EXCLUSIVELY PROMOTE AND CARRY ON ANY RELIGIOUS, CHARITABLE, OR EDUCATIONAL PURPOSE AND/OR ACTIVITY FOR WHICH CORPORATIONS MAY BE ORGANIZED UNDER THE PROVISIONS OF SECTION 501(C)(3)OF THE INTERNAL REVENUE CODE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE DONATIONS TO LOCAL AND REGIONAL ORGANIZATIONS TO ASSIST EACH ORGANIZATION IN MEETING THEIR SPECIFIC NEEDS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0500
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt014706
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt014706
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt03911
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt04009
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt07920
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0136568
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt0130658
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0267226
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt03911
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt04009
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt07920
IRS990ScheduleA/InvestmentIncomeCYPct00.02680
IRS990ScheduleA/InvestmentIncomePYPct00.01860
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt02728
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt02791
IRS990ScheduleA/OtherIncome509Grp/TotalAmt05519
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.95450
IRS990ScheduleA/PublicSupportPY509Pct00.96900
IRS990ScheduleA/PublicSupportTotal509Amt0281932
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0136568
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0145364
IRS990ScheduleA/Total509Grp/TotalAmt0281932
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02728
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0143270
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0149373
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0295371
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ERIC CLEMENT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06417918000
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CLEMENT FAMILY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0CLEM
ReturnHeader/Filer/EIN0208534658
ReturnHeader/Filer/PhoneNum06417918000
ReturnHeader/Filer/USAddress/AddressLine1Txt011969 VALLEY AVE
ReturnHeader/Filer/USAddress/CityNm0CRESCO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd052136
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0F0762F06199A07E132F7E632A817E1E2BB8FF392
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId008BD95975EB58B2C23AD885BD3BD1DECCAEA3190
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0108.171.131.186
ReturnHeader/FilingSecurityInformation/IPDt02017-05-08
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm009:32:50
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0420714325
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RSM US LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0310 BROADWAY AVENUE S SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ROCHESTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055904
ReturnHeader/PreparerPersonGrp/PhoneNum05072886476
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ED CHESTOLOWSKI
ReturnHeader/ReturnTs02017-05-10T13:06:35-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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