Civic Intelligence

Allamakee New Beginnings Inc.

990 • Fiscal year 2015 • EIN 26-2480557

Jan 01, 2015 to Dec 31, 2015 • Filed on Apr 26, 2016

124 East Elm StreetWest Union, IA 52175

(563) 422-6226

Siviq Scores

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

Liabilities / Assets

77th percentile

0.32x

Higher debt load relative to assets than 77% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

56th percentile

0.06x

Higher debt load relative to revenue than 56% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

34th percentile

-2.0%

Higher net margin than 34% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

62nd percentile

$42,377

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 5.8% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

77th percentile

18%

Faster asset growth than 77% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

90th percentile

62%

Faster revenue growth than 90% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$147,134

Up $22,784 (+18%) from 2014

Net Assets

Down

$99,688

Down $14,891 (-13%) from 2014

Liabilities

Up

$47,446

Up $37,675 (+386%) from 2014

Revenue

Up

$732,305

Up $281,429 (+62%) from 2014

Expenses

Up

$747,196

Up $394,411 (+112%) from 2014

Net Income

Down

-$14,891

Down $112,982 (-115%) from 2014

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2014: $124,350Liabilities 2014: $9,771Net Assets 2014: $114,5792014Assets 2015: $147,134Liabilities 2015: $47,446Net Assets 2015: $99,6882015Assets 2016: $212,094Liabilities 2016: $86,277Net Assets 2016: $125,8172016Assets 2017: $181,792Liabilities 2017: $95,563Net Assets 2017: $86,2292017Assets 2019: $8,418Liabilities 2019: $1,070Net Assets 2019: $7,3482019Assets 2021: $57,595Liabilities 2021: $1,002Net Assets 2021: $56,5932021Assets 2022: $135,902Liabilities 2022: $23,516Net Assets 2022: $112,3862022Assets 2024: $250,364Liabilities 2024: $20,138Net Assets 2024: $230,2262024

Highlighted filing

2015

Assets$147,134
Liabilities$47,446
Net Assets$99,688

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2014: $450,876Expenses 2014: $352,785Net Income 2014: $98,0912014Revenue 2015: $732,305Expenses 2015: $747,196Net Income 2015: -$14,8912015Revenue 2016: $887,688Expenses 2016: $861,559Net Income 2016: $26,1292016Revenue 2017: $951,813Expenses 2017: $991,401Net Income 2017: -$39,5882017Revenue 2019: $94,837Expenses 2019: $95,156Net Income 2019: -$3192019Revenue 2021: $217,271Expenses 2021: $210,112Net Income 2021: $7,1592021Revenue 2022: $617,981Expenses 2022: $562,188Net Income 2022: $55,7932022Revenue 2024: $1,400,510Expenses 2024: $1,354,118Net Income 2024: $46,3922024

Highlighted filing

2015

Revenue$732,305
Expenses$747,196
Net Income-$14,891
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Apr 26, 2016
Return Version
2015v2.1
Gross Receipts
$732,305
Mission and Program Overview

Mission

Allamakee new beginnings exists to seek and manage resources as a charitable organization to lessen the effects of poverty by investing in families and individuals through education and collaboration.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$69,767$54,503▼ $15,264
Land, Buildings, and Equipment, Net$26,518$52,194▲ $25,676
Accounts Receivable$25,327$39,903▲ $14,576
Inventories for Sale or Use$2,738$534▼ $2,204
Total Assets$124,350$147,134▲ $22,784
Liabilities
Accounts Payable and Accrued Expenses$9,771$43,909▲ $34,138
Other Liabilities-$3,537-
Total Liabilities$9,771$47,446▲ $37,675
Net Assets / Fund Balance
Unrestricted Net Assets$114,579$99,688▼ $14,891
Total Net Assets Fund Balance$114,579$99,688▼ $14,891
Total Liabilities and Net Assets / Fund Balance$124,350$147,134▲ $22,784

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$52,194$6,611$58,805
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Nicholas L MabePast Ex. DirectorFT$42,377$42,377

Board Members and Trustees

NameTitle
Gordon Murray JohnChair
Mike BollingerVice Chair
Ashley DressBoard Member
Tim JohnsonBoard Member
Tom WeighnerBoard Member
Georgia WindhorstExecutive Di
Betsy PeirceSecretary
Maren BeardTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$98,393
Program Service Revenue
$631,160
Investment Income
$0
Other Revenue
$2,752
All Other Contributions
$1,120
Change in Net Assets
$-14,891
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$650,803
Salaries, Compensation, and Employee Benefits$96,393
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$89,443--$89,443
Occupancy$13,316--$13,316
Payroll Taxes$6,950--$6,950
Depreciation Depletion$6,129--$6,129
Fees for Services Accounting-$5,289-$5,289
Insurance$2,330$1,383-$3,713
Office Expenses$2,382$853-$3,235
Other Expenses$2,651--$2,651
All Other Expenses$2,568--$2,568
Information Technology$1,165$1,165-$2,330
Advertising$621--$621
Travel$475--$475
Conferences and Meetings-$337-$337
Total Functional Expenses$738,169$9,027$0$747,196
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$3,537
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

Payroll and bookkeeping services contracted out.

Form 990, Page 6, Part VI, Line 11B

Return will be reviewed by board of directors and coordinator prior to filing with irs.

Form 990, Page 6, Part VI, Line 12C

Reviewed annually and as needed.

Form 990, Page 6, Part VI, Line 15A

Data compared with other employers from surrounding area.

Form 990, Page 6, Part VI, Line 15B

Data compared with other employers from surrounding area.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Allamakee New Beginnings
EIN
26-2480557
Address
124 EAST ELM STREET, WEST UNION, IA 52175
Doing Business As
Iowa Food Hub

Signing Officer

Name
Georgia Windhorst
Title
Executive Director
Signed
2016-04-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Georgia Windhorst
Formed
2008
Legal Domicile
Ia
Voting Board Members
7
Independent Board Members
7
Employees
5

Preparer

Firm
Hacker Nelson & Co Pc
Address
19 1ST AVE NW, WAUKON, IA 52172
Preparer
Neil W Schraeder
Phone
5635684567
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt052194
IRS990ScheduleD/TotalLiabilityAmt03537
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PAYROLL AND BOOKKEEPING SERVICES CONTRACTED OUT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1RETURN WILL BE REVIEWED BY BOARD OF DIRECTORS AND COORDINATOR PRIOR TO FILING WITH IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEWED ANNUALLY AND AS NEEDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DATA COMPARED WITH OTHER EMPLOYERS FROM SURROUNDING AREA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DATA COMPARED WITH OTHER EMPLOYERS FROM SURROUNDING AREA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0124350
IRS990/TotalAssetsEOYAmt0147134
IRS990/TotalAssetsGrp/BOYAmt0124350
IRS990/TotalAssetsGrp/EOYAmt0147134
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt098393
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09027
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0738169
IRS990/TotalFunctionalExpensesGrp/TotalAmt0747196
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt09771
IRS990/TotalLiabilitiesEOYAmt047446
IRS990/TotalLiabilitiesGrp/BOYAmt09771
IRS990/TotalLiabilitiesGrp/EOYAmt047446
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0114579
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt099688
IRS990/TotalProgramServiceExpensesAmt0738169
IRS990/TotalProgramServiceRevenueAmt0631160
IRS990/TotalReportableCompFromOrgAmt042377
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0633912
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0732305
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0124350
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0147134
IRS990/TravelGrp/ProgramServicesAmt0475
IRS990/TravelGrp/TotalAmt0475
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0114579
IRS990/UnrestrictedNetAssetsGrp/EOYAmt099688
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0124 EAST ELM STREET
IRS990/USAddress/CityNm0WEST UNION
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd052175
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.IOWAFOODHUB.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GEORGIA WINDHORST
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-04-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ALLAMAKEE NEW BEGINNINGS
ReturnHeader/Filer/BusinessNameControlTxt0ALLA
ReturnHeader/Filer/EIN0262480557
ReturnHeader/Filer/USAddress/AddressLine1Txt0124 EAST ELM STREET
ReturnHeader/Filer/USAddress/CityNm0WEST UNION
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd052175
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421040336
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HACKER NELSON & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt019 1ST AVE NW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WAUKON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd052172
ReturnHeader/PreparerPersonGrp/PhoneNum05635684567
ReturnHeader/PreparerPersonGrp/PreparationDt02016-04-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NEIL W SCHRAEDER
ReturnHeader/ReturnTs02016-05-13T09:08:45-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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