Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
26-4769618
EIN 26-4769618 • 501(c)4
Profile
Maharishi Vedic City Development Foundation is a nonprofit organization organized and operated exclusively for the promotion of the social welfare and the common good and general welfare of Maharishi Vedic City, Iowa, its residents, visitors, and the community it serves, within the meaning of section 501(c)(4) of the Internal Revenue Code of 1986, as amended (the "Code"). All references to sections of the Code include the corresponding provision of any subsequent federal tax law. More specifically, the purposes for which the Corporation is formed are as follows: 1) To develop Maharishi Vedic City, Iowa as an ideal city including creating housing for all income levels, particularly affordable housing, and facilities for education, business, tourism, community support, and other necessary functions all designed according to Natural Law, and to work with Maharishi Vedic City, its residents, the community, state and federal government bodies, and non-profit organizations to achieve this go
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
6.28x
Liabilities / Revenue
100th percentile
Higher debt load relative to revenue than 100% of similar nonprofits.
Net Margin
2nd percentile
Higher net margin than 2% of similar nonprofits.
Top Officer Pay
89th percentile
Higher top officer pay than 89% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$22,456
No earlier filing loaded for comparison.
Liabilities
$141,009
No earlier filing loaded for comparison.
Net Assets
-$118,553
No earlier filing loaded for comparison.
Revenue
$640
No earlier filing loaded for comparison.
Expenses
$10,268
No earlier filing loaded for comparison.
Net Income
-$9,628
No earlier filing loaded for comparison.
Trend Graphs
Filings
Most recent year
2013 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $22,456
- Liabilities
- $141,009
- Net assets
- -$118,553
- Revenue
- $640
- Expenses
- $10,268
- Net income
- -$9,628
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2013 to Dec 31, 2013
- Signed
- Nov 14, 2014
- Return Version
- 2013v3.1
- Gross Receipts
- $13,192
Mission and Program Overview
Mission
Maharishi Vedic City Development Foundation is a nonprofit organization organized and operated exclusively for the promotion of the social welfare and the common good and general welfare of Maharishi Vedic City, Iowa, its residents, visitors, and the community it serves, within the meaning of section 501(c)(4) of the Internal Revenue Code of 1986, as amended (the "Code"). All references to sections of the Code include the corresponding provision of any subsequent federal tax law. More specifically, the purposes for which the Corporation is formed are as follows: 1) To develop Maharishi Vedic City, Iowa as an ideal city including creating housing for all income levels, particularly affordable housing, and facilities for education, business, tourism, community support, and other necessary functions all designed according to Natural Law, and to work with Maharishi Vedic City, its residents, the community, state and federal government bodies, and non-profit organizations to achieve this go
Program Services
| Description | Grants | Expenses |
|---|---|---|
| COMPLETED CONSTRUCTION OF 3 AFFORDABLE TOWNHOUSE UNITS BUILT ACCORDING TO MAHARISHI STHAPATYA VEDA DESIGN, IN ADDITION TO 8 TOWNHOUSES AND ONE HOME PREVIOUSLY COMPLETED, ALL OF WHICH WERE FUNDED WITH THE ASSISTANCE OF LOANS FROM MAHARISHI VEDIC CITY. WORKED WITH THE CITY ON PLANNING OF ADDITIONAL AFFORDABLE HOUSING, COMMUNITY CENTER AND MASTER PLAN. HELD PUBLIC EDUCATIONAL MEETINGS AND TOURS. | $6,157 | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| ROBERT G WYNNE | President, Dire | - | $0 | - | - |
| ELOISE RAYMOND | Director | - | $0 | - | - |
| DR KENT BOYUM | Vice President | PT | $0 | - | - |
| DON HOELTING | Treas & Directo | - | $0 | - | - |
Filing and Contact Details
Filer
- EIN
- 26-4769618
- Phone
- 6414697000
Signing Officer
- Name
- Dr Robert G Wynne
- Title
- President
- Signed
- 2014-11-14
- Discuss with paid preparer
- Yes
Preparer
- Preparer
- Darcee M Ayers CPA
- Phone
- 6416722523
Supplemental Narrative
Additional Explanations
Other Expenses.1002
“Office Expenses $23”
Other Expenses.1008
“Interest $6131”
Other Expenses.1009
“Depreciation $873”
Other Expenses.1
“PROPERTY TAXES $26”
Other Expenses.2
“BANK FEES $15”
Other Assets.1003
“Machinery and Equipment - Beginning $2181 Machinery and Equipment - Ending $1308”
Other Assets.1010
“Inventories - Beginning $13332 Inventories - Ending $13332”
Total Liabilities.1
“CONSTRUCTION NOTES PAYABLE - Beginning $141009 CONSTRUCTION NOTES PAYABLE - Ending $141009”
Part II, Line 26 Construction Notes Payable
“Construction loan is a revolving line of credit from a bank to the local government, maharishi vedic city, which then loans funds as needed to the organization.”
Raw XML Appendix125 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | DON HOELTING |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6419195554 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 1750 MAHARISHI CENTER AVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/City | 0 | MAHARISHI VEDIC CITY |
| IRS990EZ/BooksInCareOfDetail/USAddress/State | 0 | IA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 52556 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 16571 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 7816 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 12552 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -9628 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 3200 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form720FiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 32084 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 22456 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 415 |
| IRS990EZ/GrossReceiptsAmt | 0 | 13192 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 12967 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/InvestmentIncomeAmt | 0 | 225 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -108925 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -118553 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -108925 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -118553 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 15.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | ROBERT G WYNNE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | ELOISE RAYMOND |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | DR KENT BOYUM |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | DON HOELTING |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President, DIRE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Vice President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Treas & Directo |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationFiled990TInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 15513 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 14640 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 7068 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Maharishi Vedic City Development Foundation is a nonprofit organization organized and operated exclusively for the promotion of the social welfare and the common good and general welfare of Maharishi Vedic City, Iowa, its residents, visitors, and the community it serves, within the meaning of section 501(c)(4) of the Internal Revenue Code of 1986, as amended (the "Code"). All references to sections of the Code include the corresponding provision of any subsequent federal tax law. More specifically, the purposes for which the Corporation is formed are as follows: 1) To develop Maharishi Vedic City, Iowa as an ideal city including creating housing for all income levels, particularly affordable housing, and facilities for education, business, tourism, community support, and other necessary functions all designed according to Natural Law, and to work with Maharishi Vedic City, its residents, the community, state and federal government bodies, and non-profit organizations to achieve this go |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | COMPLETED CONSTRUCTION OF 3 AFFORDABLE TOWNHOUSE UNITS BUILT ACCORDING TO MAHARISHI STHAPATYA VEDA DESIGN, IN ADDITION TO 8 TOWNHOUSES AND ONE HOME PREVIOUSLY COMPLETED, ALL OF WHICH WERE FUNDED WITH THE ASSISTANCE OF LOANS FROM MAHARISHI VEDIC CITY. WORKED WITH THE CITY ON PLANNING OF ADDITIONAL AFFORDABLE HOUSING, COMMUNITY CENTER AND MASTER PLAN. HELD PUBLIC EDUCATIONAL MEETINGS AND TOURS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 6157 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 141009 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 141009 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 10268 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 6157 |
| IRS990EZ/TotalRevenueAmt | 0 | 640 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Office Expenses $23 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Interest $6131 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Depreciation $873 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | PROPERTY TAXES $26 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | BANK FEES $15 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Machinery and Equipment - Beginning $2181 Machinery and Equipment - Ending $1308 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Inventories - Beginning $13332 Inventories - Ending $13332 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | CONSTRUCTION NOTES PAYABLE - Beginning $141009 CONSTRUCTION NOTES PAYABLE - Ending $141009 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | CONSTRUCTION LOAN IS A REVOLVING LINE OF CREDIT FROM A BANK TO THE LOCAL GOVERNMENT, MAHARISHI VEDIC CITY, WHICH THEN LOANS FUNDS AS NEEDED TO THE ORGANIZATION. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1008 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1009 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Assets.1003 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Assets.1010 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Total Liabilities.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | PART II, LINE 26 CONSTRUCTION NOTES PAYABLE |
| ReturnHeader/BuildTS | 0 | 2015-11-30 17:44:51Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DR ROBERT G WYNNE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2014-11-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | MAHARISHI VEDIC CITY DEVELOPMENT |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2 | 0 | FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MAHA |
| ReturnHeader/Filer/EIN | 0 | 264769618 |
| ReturnHeader/Filer/PhoneNum | 0 | 6414697000 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 1750 MAHARISHI CENTER AVENUE |
| ReturnHeader/Filer/USAddress/City | 0 | MAHARISHI VEDIC CITY |
| ReturnHeader/Filer/USAddress/State | 0 | IA |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 52556 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1 | 0 | TD&T CPAs and Advisors PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1 | 0 | 317 HIGH AVE E |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City | 0 | OSKALOOSA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State | 0 | IA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode | 0 | 525772823 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6416722523 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Darcee M Ayers CPA |
| ReturnHeader/ReturnTs | 0 | 2014-11-14T12:37:26-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2013-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2013-12-31 |
| ReturnHeader/TaxYr | 0 | 2013 |
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