Civic Intelligence

Riverloop Association Inc.

990EZ • Fiscal year 2018 • EIN 26-4618040

Jul 01, 2017 to Jun 30, 2018 • Filed on May 08, 2018

225 Commercial StreetWaterloo, IA 50701

(319) 291-4490

Siviq Scores

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

Liabilities / Assets

78th percentile

0.12x

Higher debt load relative to assets than 78% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

87th percentile

0.20x

Higher debt load relative to revenue than 87% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

92nd percentile

50%

Higher net margin than 92% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

86th percentile

54%

Faster asset growth than 86% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

81st percentile

34%

Faster revenue growth than 81% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$152,519

Up $53,479 (+54%) from 2017

Net Assets

Up

$134,822

Up $44,577 (+49%) from 2017

Liabilities

Up

$17,697

Up $8,902 (+101%) from 2017

Revenue

Up

$89,129

Up $22,588 (+34%) from 2017

Expenses

Down

$44,552

Down $5,722 (-11%) from 2017

Net Income

Up

$44,577

Up $28,310 (+174%) from 2017

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2014: $39,192Liabilities 2014: $4,500Net Assets 2014: $34,6922014Assets 2015: $48,824Liabilities 2015: $3,443Net Assets 2015: $45,3812015Assets 2016: $80,333Liabilities 2016: $6,355Net Assets 2016: $73,9782016Assets 2017: $99,040Liabilities 2017: $8,795Net Assets 2017: $90,2452017Assets 2018: $152,519Liabilities 2018: $17,697Net Assets 2018: $134,8222018Assets 2019: $152,086Liabilities 2019: $13,742Net Assets 2019: $138,3442019Assets 2020: $154,188Liabilities 2020: $13,200Net Assets 2020: $140,9882020Assets 2021: $151,672Liabilities 2021: $13,846Net Assets 2021: $137,8262021Assets 2022: $185,666Liabilities 2022: $16,201Net Assets 2022: $169,4652022Assets 2023: $210,610Liabilities 2023: $19,521Net Assets 2023: $191,0892023Assets 2024: $212,981Liabilities 2024: $20,486Net Assets 2024: $192,4952024

Highlighted filing

2018

Assets$152,519
Liabilities$17,697
Net Assets$134,822

Operations Trend

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

$100K$50K$0-$50KRevenue 2014: $60,727Expenses 2014: $44,755Net Income 2014: $15,9722014Revenue 2015: $59,917Expenses 2015: $49,228Net Income 2015: $10,6892015Revenue 2016: $74,930Expenses 2016: $46,333Net Income 2016: $28,5972016Revenue 2017: $66,541Expenses 2017: $50,274Net Income 2017: $16,2672017Revenue 2018: $89,129Expenses 2018: $44,552Net Income 2018: $44,5772018Revenue 2019: $43,181Expenses 2019: $39,659Net Income 2019: $3,5222019Revenue 2020: $34,341Expenses 2020: $31,697Net Income 2020: $2,6442020Revenue 2021: $21,887Expenses 2021: $25,049Net Income 2021: -$3,1622021Revenue 2022: $88,585Expenses 2022: $56,946Net Income 2022: $31,6392022Revenue 2023: $89,792Expenses 2023: $68,168Net Income 2023: $21,6242023Revenue 2024: $81,705Expenses 2024: $80,299Net Income 2024: $1,4062024

Highlighted filing

2018

Revenue$89,129
Expenses$44,552
Net Income$44,577
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 8, 2018
Return Version
2017v2.3
Gross Receipts
$127,659
Mission and Program Overview

Mission

Promotion of the downtown expo grounds, economic development through recruitment of events to be held at that space, and guidance of the development and use of the expo property.

Program Services

DescriptionGrantsExpenses
PROMOTION OF THE DOWNTOWN RIVERLOOP AMPHITHEATER AND EXPO GROUNDS, ECONOMIC DEVELOPMENT THROUGH RECRUITMENT OF EVENTS TO BE HELD AT EACH SPACE, AND GUIDANCE OF THE DEVELOPMENT AND USE OF THE AMPHITHEATER AND EXPO PROPERTY.-$44,552
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KENT SHANKLEPresident-$0--
JIM WALSHSecretary-$0--
PAUL HUTINGDirector-$0--
TAVIS HALLTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Riverloop Association Inc
EIN
26-4618040
Phone
3192914490
Address
225 COMMERCIAL STREET, WATERLOO, IA 50701

Signing Officer

Name
Kent Shankle
Title
President
Phone
3192321156
Signed
2018-05-08
Discuss with paid preparer
Yes

Preparer

Firm
Hogan - Hansen Pc
Address
PO BOX 240, WATERLOO, IA 50704-0240
Preparer
Steven K Duggan CPA
Phone
3192335225
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Miscellaneous 4,364 total 4,364

Form 990-ez, Part I, Line 16

Expenses travel & education 347 insurance expense 5,091 equipment rental 2,235 telephone expense 620 pass-through expenses 1,904 entertainment fees 17,424 miscellaneous expense 761 small equipment 5,114 repairs and maintenance 107 total 33,603

Form 990-ez, Part II, Line 24

Accounts receivable 20,909 30,522 inventories for sale or use 3,879 1,282 prepaid expenses and deferred charges 9,535 18,392 total 34,323 50,196

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 647 4,961 sales tax payable 1,340 2,933 reimbursement 6,808 9,803

Form 990-ez, Part III

Promotion of the downtown expo grounds, economic development through recruitment of events to be held at that space, and guidance of the development and use of the expo property.

Raw XML Appendix175 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/PersonNm0KENT SHANKLE
IRS990EZ/BooksInCareOfDetail/PhoneNum03192914490
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0225 COMMERCIAL STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WATERLOO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd050701
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt064717
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IRS990EZ/CostOfGoodsSoldAmt038530
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IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt044577
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01695
IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt099040
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0152519
IRS990EZ/GrossProfitLossSlsOfInvntryAmt081464
IRS990EZ/GrossReceiptsAmt0127659
IRS990EZ/GrossSalesOfInventoryAmt0119994
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt049
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt090245
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0134822
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt090245
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0134822
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.50
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KENT SHANKLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JIM WALSH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PAUL HUTING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3TAVIS HALL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt034323
IRS990EZ/OtherAssetsTotalDetail/EOYAmt050196
IRS990EZ/OtherExpensesTotalAmt033603
IRS990EZ/OtherRevenueTotalAmt04364
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTION OF THE DOWNTOWN EXPO GROUNDS, ECONOMIC DEVELOPMENT THROUGH RECRUITMENT OF EVENTS TO BE HELD AT THAT SPACE, AND GUIDANCE OF THE DEVELOPMENT AND USE OF THE EXPO PROPERTY.
IRS990EZ/ProgramServiceRevenueAmt03250
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROMOTION OF THE DOWNTOWN RIVERLOOP AMPHITHEATER AND EXPO GROUNDS, ECONOMIC DEVELOPMENT THROUGH RECRUITMENT OF EVENTS TO BE HELD AT EACH SPACE, AND GUIDANCE OF THE DEVELOPMENT AND USE OF THE AMPHITHEATER AND EXPO PROPERTY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt044552
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt09254
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt08795
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt017697
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt044552
IRS990EZ/TotalProgramServiceExpensesAmt044552
IRS990EZ/TotalRevenueAmt089129
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt08212
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt017364
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt041186
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0119994
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt012
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0131
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISCELLANEOUS 4,364 TOTAL 4,364
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES TRAVEL & EDUCATION 347 INSURANCE EXPENSE 5,091 EQUIPMENT RENTAL 2,235 TELEPHONE EXPENSE 620 PASS-THROUGH EXPENSES 1,904 ENTERTAINMENT FEES 17,424 MISCELLANEOUS EXPENSE 761 SMALL EQUIPMENT 5,114 REPAIRS AND MAINTENANCE 107 TOTAL 33,603
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 20,909 30,522 INVENTORIES FOR SALE OR USE 3,879 1,282 PREPAID EXPENSES AND DEFERRED CHARGES 9,535 18,392 TOTAL 34,323 50,196
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 647 4,961 SALES TAX PAYABLE 1,340 2,933 REIMBURSEMENT 6,808 9,803
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROMOTION OF THE DOWNTOWN EXPO GROUNDS, ECONOMIC DEVELOPMENT THROUGH RECRUITMENT OF EVENTS TO BE HELD AT THAT SPACE, AND GUIDANCE OF THE DEVELOPMENT AND USE OF THE EXPO PROPERTY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KENT SHANKLE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03192321156
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RIVERLOOP ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0RIVE
ReturnHeader/Filer/EIN0264618040
ReturnHeader/Filer/PhoneNum03192914490
ReturnHeader/Filer/USAddress/AddressLine1Txt0225 COMMERCIAL STREET
ReturnHeader/Filer/USAddress/CityNm0WATERLOO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050701
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId04AD102E63844DC7A5114207E4030C1D15DA88942
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0341F338E9162737C10CC4A9FF4E331311980E15E
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt074.84.74.94
ReturnHeader/FilingSecurityInformation/IPDt02019-05-10
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm010:20:57
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0420991212
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HOGAN - HANSEN PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 240
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WATERLOO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0507040240
ReturnHeader/PreparerPersonGrp/PhoneNum03192335225
ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN K DUGGAN CPA
ReturnHeader/ReturnTs02019-05-10T10:20:57-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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