Civic Intelligence

Limitless Potential Inc.

990 • Fiscal year 2023 • EIN 27-2853497

Jan 01, 2023 to Dec 31, 2023 • Filed on May 08, 2024

Organization ProfileN/A
4770 Dewees CTCedar Rapids, IA 52411

(319) 239-4339

Siviq Scores

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

Liabilities / Assets

40th percentile

0.03x

Higher debt load relative to assets than 40% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

26th percentile

0.01x

Higher debt load relative to revenue than 26% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

62nd percentile

10%

Higher net margin than 62% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

85th percentile

$160,879

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 11.6% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

86th percentile

40%

Faster asset growth than 86% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

87th percentile

64%

Faster revenue growth than 87% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets40th percentile

Assets

Up

$449,051

Up $128,984 (+40%) from 2022

Net Assets

Up

$435,918

Up $142,696 (+49%) from 2022

Liabilities

Down

$13,133

Down $13,712 (-51%) from 2022

Revenue And Expenses
Liabilities / Revenue26th percentileNet Margin62nd percentile

Revenue

Up

$1,390,807

Up $541,784 (+64%) from 2022

Expenses

Up

$1,248,111

Up $203,911 (+20%) from 2022

Net Income

Up

$142,696

Up $337,873 (+173%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth86th percentile

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

$1.0M$500K$0-$500KAssets 2012: $15,126Liabilities 2012: $23,112Net Assets 2012: -$7,9862012Assets 2013: $18,974Liabilities 2013: $15,129Net Assets 2013: $3,8452013Assets 2014: -$5,121Liabilities 2014: $136,342Net Assets 2014: -$141,4632014Assets 2015: -$1,597Liabilities 2015: $156,673Net Assets 2015: -$158,2702015Assets 2016: $21,916Liabilities 2016: $145,723Net Assets 2016: -$123,8072016Assets 2017: $22,212Liabilities 2017: $119,622Net Assets 2017: -$97,4102017Assets 2019: $248,970Liabilities 2019: $8,412Net Assets 2019: $240,5582019Assets 2020: $605,281Liabilities 2020: $32,310Net Assets 2020: $572,9712020Assets 2021: $527,177Liabilities 2021: $38,778Net Assets 2021: $488,3992021Assets 2022: $320,067Liabilities 2022: $26,845Net Assets 2022: $293,2222022Assets 2023: $449,051Liabilities 2023: $13,133Net Assets 2023: $435,9182023Assets 2024: $665,594Liabilities 2024: $26,468Net Assets 2024: $639,1262024

Highlighted filing

2023

Assets$449,051
Liabilities$13,133
Net Assets$435,918
Open 2023 Filing

Operations Trend

Revenue Growth87th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2012: $711,2352012Revenue 2013: $926,118Expenses 2013: $914,287Net Income 2013: $11,8312013Revenue 2014: $844,856Expenses 2014: $990,164Net Income 2014: -$145,3082014Revenue 2015: $917,852Expenses 2015: $934,659Net Income 2015: -$16,8072015Revenue 2016: $1,294,367Expenses 2016: $1,259,904Net Income 2016: $34,4632016Revenue 2017: $990,030Expenses 2017: $963,633Net Income 2017: $26,3972017Revenue 2019: $1,351,961Expenses 2019: $1,157,045Net Income 2019: $194,9162019Revenue 2020: $1,512,040Expenses 2020: $1,179,627Net Income 2020: $332,4132020Revenue 2021: $1,048,833Expenses 2021: $1,133,405Net Income 2021: -$84,5722021Revenue 2022: $849,023Expenses 2022: $1,044,200Net Income 2022: -$195,1772022Revenue 2023: $1,390,807Expenses 2023: $1,248,111Net Income 2023: $142,6962023Revenue 2024: $1,536,526Expenses 2024: $1,423,560Net Income 2024: $112,9662024

Highlighted filing

2023

Revenue$1,390,807
Expenses$1,248,111
Net Income$142,696
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 8, 2024
Return Version
2023v5.1
Gross Receipts
$1,390,807
Mission and Program Overview

Mission

Providing supported community living services to children with disabilities and their families in the state of iowa

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$293,222$435,918▲ $142,696
Receivables From Officers Etc-$251,230-
Cash and Non-Interest-Bearing Accounts$207,625$121,379▼ $86,246
Land, Buildings, and Equipment, Net$112,442$76,442▼ $36,000
Total Assets$320,067$449,051▲ $128,984
Liabilities
Other Liabilities$26,845$13,133▼ $13,712
Total Liabilities$26,845$13,133▼ $13,712
Net Assets / Fund Balance
Total Net Assets Fund Balance$293,222$435,918▲ $142,696
Total Liabilities and Net Assets / Fund Balance$320,067$449,051▲ $128,984

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$76,442$58,400-
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Edward Mead--$141,455$21,224$162,679
Edward MeadDirector of OperationsFT$160,879-$160,879
Jeremy Gomez--$141,455$18,604$160,059
Jeremy GomezExecutive DirectorFT$158,259-$158,259
Revenue and Support

Revenue Composition

Contributions and Grants
$291,580
Program Service Revenue
$1,099,086
Investment Income
$141
Other Revenue
$0
All Other Contributions
$291,580
Change in Net Assets
$142,696
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$924,117
Other Expenses$323,994
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$462,354$0$0$462,354
Current Officers, Directors, Trustees, and Key Employees$319,138$0$0$319,138
Other Employee Benefits$64,637$0$0$64,637
Payroll Taxes$61,066$0$0$61,066
Office Expenses$58,471$0$0$58,471
Fees for Services Accounting$38,675$0$0$38,675
Depreciation Depletion$36,000$0$0$36,000
Occupancy$34,928$0$0$34,928
Insurance$26,227$0$0$26,227
All Other Expenses$18,070$0$0$18,070
Advertising$17,440$0$0$17,440
Pension Plan Contributions$16,922$0$0$16,922
Other Expenses$15,630$0$0$15,630
Fees for Services Management$7,736$0$0$7,736
Interest$624$0$0$624
Total Functional Expenses$1,248,111$0$0$1,248,111
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees-$251,230-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Chase Cc$7,254
Payroll Liabilities$5,755
Line of Credit$124
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Limitless Potential Inc
EIN
27-2853497
Phone
3192394339
Address
4770 DEWEES CT, CEDAR RAPIDS, IA 52411

Signing Officer

Name
Jeremy Gomez
Title
Director
Phone
3192394339
Signed
2024-05-08

Organization Details

Principal Officer
Jeremy Gomez
Formed
2010
Legal Domicile
Ia
Voting Board Members
6
Independent Board Members
6
Employees
33
Volunteers
50

Preparer

Firm
John Freeman CPA
Address
222 Edgewood Rd NW, CEDAR RAPIDS, IA 52405
Preparer
John Freeman
Phone
3193965660
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“REVIEW BY DIRECTORS”

Raw XML AppendixShowing 400 of 424 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDING SUPPORTED COMMUNITY LIVING SERVICES TO CHILDREN WITH DISABILITIES AND THEIR FAMILIES IN THE STATE OF IOWA
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt017440
IRS990/AdvertisingGrp/TotalAmt017440
IRS990/AllOtherContributionsAmt0291580
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/AllOtherExpensesGrp/ProgramServicesAmt018070
IRS990/AllOtherExpensesGrp/TotalAmt018070
IRS990/AuditCommitteeInd0false
IRS990/BooksInCareOfDetail/PersonNm0JEREMY GOMEZ
IRS990/BooksInCareOfDetail/PhoneNum03192394339
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05802 PRAIRIE GRASS LN NE
IRS990/BooksInCareOfDetail/USAddress/CityNm0CEDAR RAPIDS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd052411
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0207625
IRS990/CashNonInterestBearingGrp/EOYAmt0121379
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0319138
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0319138
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0291580
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0141
IRS990/CYOtherExpensesAmt0323994
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01099086
IRS990/CYRevenuesLessExpensesAmt0142696
IRS990/CYSalariesCompEmpBnftPaidAmt0924117
IRS990/CYTotalExpensesAmt01248111
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01390807
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt036000
IRS990/DepreciationDepletionGrp/TotalAmt036000
IRS990/Desc0PROVIDING SUPPORTED COMMUNITY LIVING SERVICES TO CHILDREN WITH DISABILITIES AND THEIR FAMILIES IN THE STATE OF IOWA.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt033
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01248111
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt038675
IRS990/FeesForServicesAccountingGrp/TotalAmt038675
IRS990/FeesForServicesLegalGrp/FundraisingAmt00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/FundraisingAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt07736
IRS990/FeesForServicesManagementGrp/TotalAmt07736
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt060.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt160.00
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/PersonNm0JEREMY GOMEZ
IRS990/Form990PartVIISectionAGrp/PersonNm1EDWARD MEAD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0158259
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1160879
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR OF OPERATIONS
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02010
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt0291512
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01390807
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt026227
IRS990/InsuranceGrp/TotalAmt026227
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt0624
IRS990/InterestGrp/TotalAmt0624
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0141
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt058400
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0112442
IRS990/LandBldgEquipBasisNetGrp/EOYAmt076442
IRS990/LandBldgEquipCostOrOtherBssAmt0134842
IRS990/LegalDomicileStateCd0IA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDING SUPPORTED COMMUNITY LIVING SERVICES TO CHILDREN WITH DISABILITIES AND THEIR FAMILIES IN THE STATE OF IOWA
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0293222
IRS990/NetAssetsOrFundBalancesEOYAmt0435918
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt034928
IRS990/OccupancyGrp/TotalAmt034928
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt058471
IRS990/OfficeExpensesGrp/TotalAmt058471
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt064637
IRS990/OtherEmployeeBenefitsGrp/TotalAmt064637
IRS990/OtherExpensesGrp/Desc0AUTO EXPENSE
IRS990/OtherExpensesGrp/Desc1CLIENT ASSISTANCE
IRS990/OtherExpensesGrp/Desc2MEDICAL SUPPLIES
IRS990/OtherExpensesGrp/Desc3MAINTENANCE
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt043448
IRS990/OtherExpensesGrp/ProgramServicesAmt125770
IRS990/OtherExpensesGrp/ProgramServicesAmt2975
IRS990/OtherExpensesGrp/ProgramServicesAmt315630
IRS990/OtherExpensesGrp/TotalAmt043448
IRS990/OtherExpensesGrp/TotalAmt125770
IRS990/OtherExpensesGrp/TotalAmt2975
IRS990/OtherExpensesGrp/TotalAmt315630
IRS990/OtherLiabilitiesGrp/BOYAmt026845
IRS990/OtherLiabilitiesGrp/EOYAmt013133
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0462354
IRS990/OtherSalariesAndWagesGrp/TotalAmt0462354
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt061066
IRS990/PayrollTaxesGrp/TotalAmt061066
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt016922
IRS990/PensionPlanContributionsGrp/TotalAmt016922
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JEREMY GOMEZ
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0143
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0232
IRS990/PYOtherExpensesAmt0231059
IRS990/PYProgramServiceRevenueAmt0848648
IRS990/PYRevenuesLessExpensesAmt0-195177
IRS990/PYSalariesCompEmpBnftPaidAmt0813141
IRS990/PYTotalExpensesAmt01044200
IRS990/PYTotalRevenueAmt0849023
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt0251230
IRS990/ReconcilationRevenueExpnssAmt0142696
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01099296
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0293222
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0435918
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0291580
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0143
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0823
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0853
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0906
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0294305
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0141
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0232
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0892
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0212
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt068
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01545
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01099087
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0848648
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01047119
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01510977
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01350987
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05856818
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0141
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0232
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0892
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0212
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt068
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01545
IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99970
IRS990ScheduleA/PublicSupportPY509Pct00.99980
IRS990ScheduleA/PublicSupportTotal509Amt06151123
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01390667
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0848791
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01047942
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01511830
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01351893
IRS990ScheduleA/Total509Grp/TotalAmt06151123
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06152668
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt076442
IRS990ScheduleD/EquipmentGrp/DepreciationAmt058400
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0134842
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05755
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1124
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt27254
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LINE OF CREDIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CHASE CC
IRS990ScheduleD/TotalBookValueLandBuildingsAmt076442
IRS990ScheduleD/TotalLiabilityAmt013133
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0141455
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1141455
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount016804
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount119424
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt01800
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt11800
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JEREMY GOMEZ
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1EDWARD MEAD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0160059
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1162679
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEW BY DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0320067
IRS990/TotalAssetsEOYAmt0449051
IRS990/TotalAssetsGrp/BOYAmt0320067
IRS990/TotalAssetsGrp/EOYAmt0449051
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt0291580
IRS990/TotalEmployeeCnt033
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01248111
IRS990/TotalFunctionalExpensesGrp/TotalAmt01248111
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt026845
IRS990/TotalLiabilitiesEOYAmt013133
IRS990/TotalLiabilitiesGrp/BOYAmt026845
IRS990/TotalLiabilitiesGrp/EOYAmt013133
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0293222
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0435918
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt01099086
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt01248111
IRS990/TotalProgramServiceRevenueAmt01099086
IRS990/TotalReportableCompFromOrgAmt0319138
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01099227
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01390807
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0320067
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0449051
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05802 PRAIRIE GRASS LN NE
IRS990/USAddress/CityNm0CEDAR RAPIDS
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd052411
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JEREMY GOMEZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03192394339
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LIMITLESS POTENTIAL INC

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$449,051
Liabilities
$13,133
Net assets
$435,918
Revenue
$1,390,807
Expenses
$1,248,111
Net income
$142,696
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.03$0.64$1.54$1.42$0.11
2023Detailed filing. Detailed filing data is available for this year.$0.45$0.01$0.44$1.39$1.25$0.14
2022Detailed filing. Detailed filing data is available for this year.$0.32$0.03$0.29$0.85$1.04$0.20
2021Detailed filing. Detailed filing data is available for this year.$0.53$0.04$0.49$1.05$1.13$0.08
2020Detailed filing. Detailed filing data is available for this year.$0.61$0.03$0.57$1.51$1.18$0.33
2019Detailed filing. Detailed filing data is available for this year.$0.25$0.01$0.24$1.35$1.16$0.19
2017Detailed filing. Detailed filing data is available for this year.$0.02$0.12$0.10$0.99$0.96$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.02$0.15$0.12$1.29$1.26$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.16$0.16$0.92$0.93$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.01$0.14$0.14$0.84$0.99$0.15
2013Detailed filing. Detailed filing data is available for this year.$0.02$0.02$0.00$0.93$0.91$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.02$0.01$0.71