Civic Intelligence

Riverloop Association Inc.

990EZ • Fiscal year 2019 • EIN 26-4618040

Jul 01, 2018 to Jun 30, 2019 • Filed on Apr 20, 2020

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

77th percentile

0.09x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

90th percentile

0.32x

Higher debt load relative to revenue than 90% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

60th percentile

8.2%

Higher net margin than 60% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

44th percentile

-0.3%

Faster asset growth than 44% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

9th percentile

-52%

Faster revenue growth than 9% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$152,086

Down $433 (-0.3%) from 2018

Net Assets

Up

$138,344

Up $3,522 (+2.6%) from 2018

Liabilities

Down

$13,742

Down $3,955 (-22%) from 2018

Revenue

Down

$43,181

Down $45,948 (-52%) from 2018

Expenses

Down

$39,659

Down $4,893 (-11%) from 2018

Net Income

Down

$3,522

Down $41,055 (-92%) from 2018

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

2019

Assets$152,086
Liabilities$13,742
Net Assets$138,344

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

2019

Revenue$43,181
Expenses$39,659
Net Income$3,522
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Apr 20, 2020
Return Version
2018v3.2
Gross Receipts
$70,912
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.-$39,659
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KENT SHANKLEPresident-$0--
JIM WALSHSecretary-$0--
PAUL HUTINGDirector-$0--
TAVIS HALLTreasurer-$0--
JESSICA RUCKERDirector-$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
2020-04-20
Discuss with paid preparer
Yes

Preparer

Firm
Hogan - Hansen Pc
Address
3128 BROCKWAY ROAD, WATERLOO, IA 50701-5103
Preparer
Steven K Duggan CPA
Phone
3192335225
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Miscellaneous 1,518 total 1,518

Form 990-ez, Part I, Line 16

Expenses insurance expense 5,730 equipment rental 2,585 telephone expense 665 pass-through expenses 3,005 entertainment fees 16,064 miscellaneous expense 644 small equipment 3,163 dues & subscriptions 5 total 31,861

Form 990-ez, Part II, Line 24

Accounts receivable 30,522 21,698 inventories for sale or use 1,282 2,704 prepaid expenses and deferred charges 18,392 4,200 total 50,196 28,602

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 4,961 647 sales tax payable 2,933 1,150 reimbursement 9,803 11,945

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 Appendix178 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum03192914490
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WATERLOO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
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IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JESSICA RUCKER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
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IRS990EZ/OrganizationHadUBIInd0false
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt028602
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IRS990EZ/OtherRevenueTotalAmt01518
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/ProgramServiceRevenueAmt06000
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.
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IRS990EZ/ScheduleBNotRequiredInd0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISCELLANEOUS 1,518 TOTAL 1,518
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES INSURANCE EXPENSE 5,730 EQUIPMENT RENTAL 2,585 TELEPHONE EXPENSE 665 PASS-THROUGH EXPENSES 3,005 ENTERTAINMENT FEES 16,064 MISCELLANEOUS EXPENSE 644 SMALL EQUIPMENT 3,163 DUES & SUBSCRIPTIONS 5 TOTAL 31,861
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 30,522 21,698 INVENTORIES FOR SALE OR USE 1,282 2,704 PREPAID EXPENSES AND DEFERRED CHARGES 18,392 4,200 TOTAL 50,196 28,602
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 4,961 647 SALES TAX PAYABLE 2,933 1,150 REIMBURSEMENT 9,803 11,945
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/BuildTS02020-09-22 18:59:49Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KENT SHANKLE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03192321156
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-04-20
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
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt074.84.74.94
ReturnHeader/FilingSecurityInformation/IPDt02020-07-10
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm011:05:38
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0420991212
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HOGAN - HANSEN PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03128 BROCKWAY ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WATERLOO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0507015103
ReturnHeader/PreparerPersonGrp/PhoneNum03192335225
ReturnHeader/PreparerPersonGrp/PreparationDt02020-04-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN K DUGGAN CPA
ReturnHeader/ReturnTs02020-07-10T11:05:38-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

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