Civic Intelligence

Lenox Acres Inc

990EZ • Fiscal year 2021 • EIN 23-7222170

Jan 01, 2021 to Dec 31, 2021 • Filed on May 02, 2022

Organization ProfileN/A
302 First Street EastIndependence, IA 50644

(319) 334-7110

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.19x

Higher debt load relative to assets than 82% of similar nonprofits.

2021 filings • 501(c)4 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

89th percentile

0.52x

Higher debt load relative to revenue than 89% of similar nonprofits.

2021 filings • 501(c)4 • <$500k nonprofits • Source year 2021

Net Margin

69th percentile

21%

Higher net margin than 69% of similar nonprofits.

2021 filings • 501(c)4 • <$500k nonprofits • Source year 2021

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

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

2021 filings • 501(c)4 • <$500k nonprofits • Source year 2021

Asset Growth

52nd percentile

4.5%

Faster asset growth than 52% of similar nonprofits.

2021 filings • 501(c)4 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

57th percentile

3.4%

Faster revenue growth than 57% of similar nonprofits.

2021 filings • 501(c)4 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Up

$271,628

Up $11,697 (+4.5%) from 2020

Net Assets

Up

$220,050

Up $21,286 (+11%) from 2020

Liabilities

Down

$51,578

Down $9,589 (-16%) from 2020

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin69th percentile

Revenue

Up

$99,829

Up $3,307 (+3.4%) from 2020

Expenses

Down

$78,544

Down $10,727 (-12%) from 2020

Net Income

Up

$21,285

Up $14,034 (+194%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth52nd percentile

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

$300K$200K$100K$0Assets 2010: $156,852Liabilities 2010: $122,067Net Assets 2010: $34,7852010Assets 2011: $149,012Liabilities 2011: $114,161Net Assets 2011: $34,8512011Assets 2012: $154,537Liabilities 2012: $108,275Net Assets 2012: $46,2622012Assets 2013: $158,173Liabilities 2013: $101,939Net Assets 2013: $56,2342013Assets 2014: $162,164Liabilities 2014: $96,324Net Assets 2014: $65,8402014Assets 2015: $161,422Liabilities 2015: $88,876Net Assets 2015: $72,5462015Assets 2017: $203,221Liabilities 2017: $75,927Net Assets 2017: $127,2942017Assets 2018: $234,429Liabilities 2018: $69,156Net Assets 2018: $165,2732018Assets 2019: $261,368Liabilities 2019: $69,854Net Assets 2019: $191,5142019Assets 2020: $259,931Liabilities 2020: $61,167Net Assets 2020: $198,7642020Assets 2021: $271,628Liabilities 2021: $51,578Net Assets 2021: $220,0502021Assets 2022: $254,112Liabilities 2022: $45,668Net Assets 2022: $208,4442022Assets 2023: $235,029Liabilities 2023: $37,051Net Assets 2023: $197,9782023Assets 2024: $252,599Liabilities 2024: $31,689Net Assets 2024: $220,9102024

Highlighted filing

2021

Assets$271,628
Liabilities$51,578
Net Assets$220,050
Open 2021 Filing

Operations Trend

Revenue Growth57th percentile

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

$150K$100K$50K$0-$50KRevenue 2010: $74,604Expenses 2010: $62,942Net Income 2010: $11,6622010Revenue 2011: $70,814Expenses 2011: $70,748Net Income 2011: $662011Revenue 2012: $82,576Expenses 2012: $71,165Net Income 2012: $11,4112012Revenue 2013: $86,371Expenses 2013: $76,399Net Income 2013: $9,9722013Revenue 2014: $88,260Expenses 2014: $78,654Net Income 2014: $9,6062014Revenue 2015: $93,592Expenses 2015: $86,886Net Income 2015: $6,7062015Revenue 2017: $102,626Expenses 2017: $72,792Net Income 2017: $29,8342017Revenue 2018: $110,781Expenses 2018: $72,802Net Income 2018: $37,9792018Revenue 2019: $115,525Expenses 2019: $89,284Net Income 2019: $26,2412019Revenue 2020: $96,522Expenses 2020: $89,271Net Income 2020: $7,2512020Revenue 2021: $99,829Expenses 2021: $78,544Net Income 2021: $21,2852021Revenue 2022: $90,095Expenses 2022: $101,701Net Income 2022: -$11,6062022Revenue 2023: $88,654Expenses 2023: $99,120Net Income 2023: -$10,4662023Revenue 2024: $116,757Expenses 2024: $93,825Net Income 2024: $22,9322024

Highlighted filing

2021

Revenue$99,829
Expenses$78,544
Net Income$21,285
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 2, 2022
Return Version
2021v4.0
Gross Receipts
$99,829
Mission and Program Overview

Mission

Low-income rental housing

Low-income rental housing.

Program Services

DescriptionGrantsExpenses
LOW-INCOME RENTAL HOUSING.-$73,625
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ELMER FELDMANVice Preside-$0--
LARRY LAMONTSecretary-$0--
NATHAN FREEZEPresident-$0--
MIKE FELDMANDirector-$0--
DAVE KLARENTreasurer-$0--
ROBERT PORTERDirector-$0--
KYLE WILSONDirector-$0--
BILL DINGBAUMDirector-$0--
Filing and Contact Details

Filer

Filer Name
Lenox Acres Inc
EIN
23-7222170
Phone
3193347110
Address
302 FIRST STREET EAST, INDEPENDENCE, IA 50644

Signing Officer

Name
Brenda Nabholz
Title
Manager
Phone
3193347110
Signed
2022-05-02
Discuss with paid preparer
Yes

Preparer

Firm
Gosling & Company Pc
Address
217 N FRANKLIN ST, MANCHESTER, IA 52057-1538
Preparer
Ann O Manson
Phone
5639274810
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising 42 other administration 421 insurance 7,610 interest 642 depreciation 15,001 supplies 2,102 management fees 12,712 total 38,530”

Form 990-ez, Part II, Line 24

“Accounts receivable 1,098 1,197 total 1,098 1,197”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 5,197 4,126 unsecured notes and loans payable 47,723 40,293 security deposits liability 5,904 5,846 advanced payments from tenants 836 1,313 accrued real estate taxes 1,506 0”

Raw XML Appendix126 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0BRENDA NABHOLZ
IRS990EZ/BooksInCareOfDetail/PhoneNum03193347110
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0302 FIRST STREET EAST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0INDEPENDENCE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd050644
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0140870
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0152329
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt021285
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01320
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0259931
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0271628
IRS990EZ/GrossReceiptsAmt099829
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0266
IRS990EZ/LandAndBuildingsGrp/BOYAmt0117963
IRS990EZ/LandAndBuildingsGrp/EOYAmt0118102
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0198765
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0220050
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0198765
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0220050
IRS990EZ/OccupancyRentUtltsAndMaintAmt033214
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt70.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ELMER FELDMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LARRY LAMONT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2NATHAN FREEZE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MIKE FELDMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DAVE KLAREN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5ROBERT PORTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6KYLE WILSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7BILL DINGBAUM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01098
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01197
IRS990EZ/OtherExpensesTotalAmt038530
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0LOW-INCOME RENTAL HOUSING.
IRS990EZ/ProgramServiceRevenueAmt099563
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0LOW-INCOME RENTAL HOUSING.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt073625
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt05480
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt061166
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt051578
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt078544
IRS990EZ/TotalProgramServiceExpensesAmt073625
IRS990EZ/TotalRevenueAmt099829
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 42 OTHER ADMINISTRATION 421 INSURANCE 7,610 INTEREST 642 DEPRECIATION 15,001 SUPPLIES 2,102 MANAGEMENT FEES 12,712 TOTAL 38,530
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 1,098 1,197 TOTAL 1,098 1,197
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 5,197 4,126 UNSECURED NOTES AND LOANS PAYABLE 47,723 40,293 SECURITY DEPOSITS LIABILITY 5,904 5,846 ADVANCED PAYMENTS FROM TENANTS 836 1,313 ACCRUED REAL ESTATE TAXES 1,506 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BRENDA NABHOLZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum03193347110
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LENOX ACRES INC
ReturnHeader/Filer/BusinessNameControlTxt0LENO
ReturnHeader/Filer/EIN0237222170
ReturnHeader/Filer/PhoneNum03193347110
ReturnHeader/Filer/USAddress/AddressLine1Txt0302 FIRST STREET EAST
ReturnHeader/Filer/USAddress/CityNm0INDEPENDENCE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050644
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421277818
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GOSLING & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0217 N FRANKLIN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MANCHESTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0520571538
ReturnHeader/PreparerPersonGrp/PhoneNum05639274810
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANN O MANSON
ReturnHeader/ReturnTs02022-05-13T10:13:30-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BRENDA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0NABHOLZ
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$271,628
Liabilities
$51,578
Net assets
$220,050
Revenue
$99,829
Expenses
$78,544
Net income
$21,285
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.53$0.32$2.21$1.17$0.94$0.23
2023Detailed filing. Detailed filing data is available for this year.$2.35$0.37$1.98$0.89$0.99$0.10
2022Detailed filing. Detailed filing data is available for this year.$2.54$0.46$2.08$0.90$1.02$0.12
2021Detailed filing. Detailed filing data is available for this year.$2.72$0.52$2.20$1.00$0.79$0.21
2020Detailed filing. Detailed filing data is available for this year.$2.60$0.61$1.99$0.97$0.89$0.07
2019Detailed filing. Detailed filing data is available for this year.$2.61$0.70$1.92$1.16$0.89$0.26
2018Detailed filing. Detailed filing data is available for this year.$2.34$0.69$1.65$1.11$0.73$0.38
2017Detailed filing. Detailed filing data is available for this year.$2.03$0.76$1.27$1.03$0.73$0.30
2015Detailed filing. Detailed filing data is available for this year.$1.61$0.89$0.73$0.94$0.87$0.07
2014Detailed filing. Detailed filing data is available for this year.$1.62$0.96$0.66$0.88$0.79$0.10
2013Detailed filing. Detailed filing data is available for this year.$1.58$1.02$0.56$0.86$0.76$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.55$1.08$0.46$0.83$0.71$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.49$1.14$0.35$0.71$0.71$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.57$1.22$0.35$0.75$0.63$0.12