Civic Intelligence

James Arthur Albert Foundation

990 • Fiscal year 2021 • EIN 27-0842495

Jan 01, 2021 to Dec 31, 2021 • Filed on May 05, 2022

4460 91st StreetUrbandale, IA 50322

(515) 991-0007

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

38th percentile

0.6%

Higher net margin than 38% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Assets

$55,841

No earlier filing loaded for comparison.

Net Assets

$55,841

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$251,037

No earlier filing loaded for comparison.

Expenses

$249,417

No earlier filing loaded for comparison.

Net Income

$1,620

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2021: $55,841Liabilities 2021: $0Net Assets 2021: $55,8412021Assets 2022: $19,224Liabilities 2022: $0Net Assets 2022: $19,2242022Assets 2023: $177,868Liabilities 2023: $0Net Assets 2023: $177,8682023Assets 2024: $41,331Liabilities 2024: $0Net Assets 2024: $41,3312024

Highlighted filing

2021

Assets$55,841
Liabilities$0
Net Assets$55,841

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2021: $251,037Expenses 2021: $249,417Net Income 2021: $1,6202021Revenue 2022: $297,171Expenses 2022: $333,788Net Income 2022: -$36,6172022Revenue 2023: $629,661Expenses 2023: $471,017Net Income 2023: $158,6442023Revenue 2024: $549,864Expenses 2024: $686,401Net Income 2024: -$136,5372024

Highlighted filing

2021

Revenue$251,037
Expenses$249,417
Net Income$1,620
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 5, 2022
Return Version
2021v4.1
Gross Receipts
$251,037
Mission and Program Overview

Mission

Improve Quality of life of children of Belize by distributing goods and services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$54,221$55,841▲ $1,620
Cap Stk Tr Prin Current Funds$54,221$55,841▲ $1,620
Total Assets$54,221$55,841▲ $1,620
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$54,221$55,841▲ $1,620
Total Liabilities and Net Assets / Fund Balance$54,221$55,841▲ $1,620
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$251,037
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$1,620
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$205,296
Other Expenses$34,171
Total Fundraising Expense$9,952
Salaries, Compensation, and Employee Benefits$9,950
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$205,296--$205,296
Other Salaries and Wages$0$9,950$0$9,950
All Other Expenses$0$470$9,202$9,672
Office Expenses$0$5,832$0$5,832
Other Expenses$0$2,236$0$2,236
Advertising$0$0$750$750
Fees for Services Accounting$0$372$0$372
Total Functional Expenses$205,296$34,169$9,952$249,417
International Activity

International Summary

Offices
1
Employees
4
Spending
$205,296

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central AmericaProgram services and grants to recipientsscholarships/supplies/internet ctr.14$205,296
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$251,037$251,037$5,568$245,469
Total Events$251,037$251,037$6,952$244,085
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
James Arthur Albert Foundation
EIN
27-0842495
Phone
5159910007
Address
4460 91ST STREET, URBANDALE, IA 50322

Signing Officer

Name
James A Albert
Title
Director
Phone
5159910007
Signed
2022-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James A Albert
Formed
2008
Legal Domicile
Ia
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
50

Preparer

Firm
Beatty and Miller Pc
Address
2700 Westown Pkwy Ste 310, West Des Moines, IA 50266
Preparer
James D Beatty
Phone
5152251100
Supplemental Narrative

Additional Explanations

Pt VI, Line 1A

The Board of Directors elects 4 officers who serve on the Executive Committee. Except for the power to amend the Articles of Incorporation and Bylaws, the Executive Committee shall have all the powers and authority of the Board in the intervals between meetings of the Board subject the direction and control of the Board.

Pt VI, Line 11B

Form 990 is sent to the Executive Committee and all Board members for review before filing. The organization's governing documents and conflict of interest policy contained therein are available on the Iowa Secretary of State website.

Pt III, Line 2

The organization constructed a Internet Center in San Lucas Village and purchased 20 Chrome Books and other equipment for the Internet Center.

Pt VI, Line 12C

The conflict of interest policy is monitored by discussing the policy at each Board meeting and requesting that any member advise the Board of any violations or possible violations of the policy by a member.

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IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt1internet center
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IRS990ScheduleF/ForeignIndividualsGrantsGrp/ValuationMethodUsedDesc1N/A
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt04
IRS990ScheduleF/SubtotalOfficesCnt01
IRS990ScheduleF/SubtotalSpentAmt0205296
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0The organization pays a stipend to a full-time Scholarship Administrator in Belize and a stipend to 3 Belize high school teachers who assist the Scholarship Administrator, to monitor the use of the organization's funds. The activities in Part I line 3, and Part III use the cash accounting method. The activities in Part III serve 203 high school students and 12 university students.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 2
IRS990ScheduleF/TotalEmployeeCnt04
IRS990ScheduleF/TotalOfficeCnt01
IRS990ScheduleF/TotalSpentAmt0205296
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt06952
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Auction
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt01172
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt01172
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0251037
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0251037
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0251037
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0251037
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0244085
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt05568
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt05568
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0212
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0212
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Board of Directors elects 4 officers who serve on the Executive Committee. Except for the power to amend the Articles of Incorporation and Bylaws, the Executive Committee shall have all the powers and authority of the Board in the intervals between meetings of the Board subject the direction and control of the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990 is sent to the Executive Committee and all Board members for review before filing. The organization's governing documents and conflict of interest policy contained therein are available on the Iowa Secretary of State website.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization constructed a Internet Center in San Lucas Village and purchased 20 Chrome Books and other equipment for the Internet Center.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The conflict of interest policy is monitored by discussing the policy at each Board meeting and requesting that any member advise the Board of any violations or possible violations of the policy by a member.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 1a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt III, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 12c
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0true
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt054221
IRS990/TotalAssetsEOYAmt055841
IRS990/TotalAssetsGrp/BOYAmt054221
IRS990/TotalAssetsGrp/EOYAmt055841
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0251037
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt09952
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt034169
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0205296
IRS990/TotalFunctionalExpensesGrp/TotalAmt0249417
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt054221
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt055841
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0205296
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0251037
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt054221
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt055841
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04460 91st Street
IRS990/USAddress/CityNm0Urbandale
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd050322
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0www.helpingbelizekids.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1

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