Civic Intelligence

Lazy Daz Property Owners Assoc

EIN 23-7441256 • 501(c)4 • Melrose, IA

Profile

The administration and enforcement of covenents for the ownership and maintenance of common property and facilities.

5224 4th StreetMelrose, IA 52569

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2021

Net Margin

48th percentile

0.7%

Higher net margin than 48% of similar nonprofits.

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

Top Officer Pay

91st percentile

$0

Higher top officer pay than 91% of similar nonprofits.

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

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

Asset Growth

54th percentile

0.4%

Faster asset growth than 54% of similar nonprofits.

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

Revenue Growth

76th percentile

19%

Faster revenue growth than 76% of similar nonprofits.

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

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$99,540

Up $9,466 (+11%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$99,540

Up $9,466 (+11%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin48th percentile

Revenue

Up

$48,682

Up $3,802 (+8.5%) from 2023

Expenses

Down

$39,216

Down $6,777 (-15%) from 2023

Net Income

Up

$9,466

Up $10,579 (+950%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth54th percentile

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

$100K$50K$0Assets 2016: $80,813Liabilities 2016: $4,858Net Assets 2016: $75,9552016Assets 2017: $95,425Liabilities 2017: $3,895Net Assets 2017: $91,5302017Assets 2018: $78,015Net Assets 2018: $78,0152018Assets 2019: $90,265Net Assets 2019: $90,2652019Assets 2020: $95,589Net Assets 2020: $95,5892020Assets 2021: $95,935Net Assets 2021: $95,9352021Assets 2022: $91,187Net Assets 2022: $91,1872022Assets 2023: $90,074Net Assets 2023: $90,0742023Assets 2024: $99,540Net Assets 2024: $99,5402024

Highlighted filing

2024

Assets$99,540
Liabilities-
Net Assets$99,540
Open 2024 Filing

Operations Trend

Revenue Growth76th percentile

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

$60K$40K$20K$0-$20KRevenue 2016: $45,464Expenses 2016: $37,852Net Income 2016: $7,6122016Revenue 2017: $41,256Expenses 2017: $25,681Net Income 2017: $15,5752017Revenue 2018: $34,041Expenses 2018: $47,556Net Income 2018: -$13,5152018Revenue 2019: $41,498Expenses 2019: $43,053Net Income 2019: -$1,5552019Revenue 2020: $42,308Expenses 2020: $36,984Net Income 2020: $5,3242020Revenue 2021: $50,442Expenses 2021: $50,096Net Income 2021: $3462021Revenue 2022: $42,568Expenses 2022: $47,316Net Income 2022: -$4,7482022Revenue 2023: $44,880Expenses 2023: $45,993Net Income 2023: -$1,1132023Revenue 2024: $48,682Expenses 2024: $39,216Net Income 2024: $9,4662024

Highlighted filing

2024

Revenue$48,682
Expenses$39,216
Net Income$9,466
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$99,540
Liabilities
-
Net assets
$99,540
Revenue
$48,682
Expenses
$39,216
Net income
$9,466
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$99.5$99.5$48.7$39.2$9.47
2023Detailed filing. Detailed filing data is available for this year.$90.1$90.1$44.9$46.0$1.11
2022Detailed filing. Detailed filing data is available for this year.$91.2$91.2$42.6$47.3$4.75
2021Detailed filing. Detailed filing data is available for this year.$95.9$95.9$50.4$50.1$0.35
2020Detailed filing. Detailed filing data is available for this year.$95.6$95.6$42.3$37.0$5.32
2019Detailed filing. Detailed filing data is available for this year.$90.3$90.3$41.5$43.1$1.56
2018Detailed filing. Detailed filing data is available for this year.$78.0$78.0$34.0$47.6$13.5
2017Detailed filing. Detailed filing data is available for this year.$95.4$3.90$91.5$41.3$25.7$15.6
2016Detailed filing. Detailed filing data is available for this year.$80.8$4.86$76.0$45.5$37.9$7.61
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 17, 2025
Return Version
2024v5.1
Gross Receipts
$48,682
Mission and Program Overview

Mission

The administration and enforcement of covenents for the ownership and maintenance of common property and facilities.

Program Services

DescriptionGrantsExpenses
N/A--
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRINKERPres /Chairman-$0--
RODNEY JORGENSONBoard Member-$0--
TODD PALMERBoard Member-$0--
CHARLES CLARKBoard Member-$0--
ROBERT D STONEBoard Member-$0--
MICHELLE CORBENSecretary/Treasurer-$0--
MICHAEL POLLARDBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Lazy Daz Property Owners Assoc
EIN
23-7441256
Phone
5159799067
Address
5224 4TH STREET, Melrose, IA 52569

Signing Officer

Name
Michelle Corben
Title
Secretary/Treasurer
Phone
5159799067
Signed
2025-04-17
Discuss with paid preparer
No

Preparer

Firm
H and R Block
Address
120 N 12TH ST, CENTERVILLE, IA 52544
Preparer
Cheryl Myers
Phone
8004725625
Supplemental Narrative

Additional Explanations

990-ez Part 1 Line 8

“Zoning-200 late charge-797 misc-770”

Raw XML Appendix112 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/PersonNm0PATRICIA BANKS
IRS990EZ/BooksInCareOfDetail/PhoneNum05159798423
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt05223 1ST STREET BOX 228
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Melrose
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd052569
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt059938
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt070076
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt09466
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt090074
IRS990EZ/Form990TotalAssetsGrp/EOYAmt099540
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt048682
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartIVInd0X
IRS990EZ/InvestmentIncomeAmt0807
IRS990EZ/LandAndBuildingsGrp/BOYAmt030136
IRS990EZ/LandAndBuildingsGrp/EOYAmt029464
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt046108
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt090074
IRS990EZ/NetAssetsOrFundBalancesEOYAmt099540
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt090074
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt099540
IRS990EZ/OccupancyRentUtltsAndMaintAmt034765
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt52.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BRINKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RODNEY JORGENSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2TODD PALMER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CHARLES CLARK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ROBERT D STONE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MICHELLE CORBEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6MICHAEL POLLARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRES /CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5SECRETARY/TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt04451
IRS990EZ/OtherRevenueTotalAmt01767
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE ADMINISTRATION AND ENFORCEMENT OF COVENENTS FOR THE OWNERSHIP AND MAINTENANCE OF COMMON PROPERTY AND FACILITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0N/A
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt039216
IRS990EZ/TotalRevenueAmt048682
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ZONING-200 LATE CHARGE-797 MISC-770
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0990-EZ PART 1 LINE 8
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHELLE CORBEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary/Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum05159799067
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAZY DAZ PROPERTY OWNERS ASSOC
ReturnHeader/Filer/BusinessNameControlTxt0LAZY
ReturnHeader/Filer/EIN0237441256
ReturnHeader/Filer/PhoneNum05159799067
ReturnHeader/Filer/USAddress/AddressLine1Txt05224 4TH STREET
ReturnHeader/Filer/USAddress/CityNm0Melrose
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd052569
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421459109
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0H AND R BLOCK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0120 N 12TH ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CENTERVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd052544
ReturnHeader/PreparerPersonGrp/PhoneNum08004725625
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Cheryl Myers
ReturnHeader/ReturnTs02025-04-17T20:43:04Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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