Civic Intelligence

Iowa Agricultural Mitigation Inc

990 • Fiscal year 2017 • EIN 27-2940802

Jan 01, 2017 to Dec 31, 2017 • Filed on May 10, 2018

2335 230th StAmes, IA 50014

(515) 232-0048

Siviq Scores

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

Liabilities / Assets

97th percentile

0.59x

Higher debt load relative to assets than 97% of similar nonprofits.

2017 filings • 501(c)5 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

98th percentile

0.80x

Higher debt load relative to revenue than 98% of similar nonprofits.

2017 filings • 501(c)5 • <$500k nonprofits • Source year 2017

Net Margin

6th percentile

-28%

Higher net margin than 6% of similar nonprofits.

2017 filings • 501(c)5 • <$500k nonprofits • Source year 2017

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

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

2017 filings • 501(c)5 • <$500k nonprofits • Source year 2017

Asset Growth

95th percentile

62%

Faster asset growth than 95% of similar nonprofits.

2017 filings • 501(c)5 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2016 to 2017

Assets

Up

$250,697

Up $95,865 (+62%) from 2016

Net Assets

Down

$101,737

Down $53,095 (-34%) from 2016

Liabilities

$148,960

No earlier filing loaded for comparison.

Revenue

Up

$186,853

Up $263,145 (+345%) from 2016

Expenses

Up

$239,948

Up $159,980 (+200%) from 2016

Net Income

Up

-$53,095

Up $103,165 (+66%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $362,980Liabilities 2011: $295,668Net Assets 2011: $67,3122011Assets 2012: $336,243Liabilities 2012: $99,273Net Assets 2012: $236,9702012Assets 2013: $384,100Liabilities 2013: $40,490Net Assets 2013: $343,6102013Assets 2014: $420,599Liabilities 2014: $161,182Net Assets 2014: $259,4172014Assets 2015: $385,897Liabilities 2015: $74,805Net Assets 2015: $311,0922015Assets 2016: $154,832Net Assets 2016: $154,8322016Assets 2017: $250,697Liabilities 2017: $148,960Net Assets 2017: $101,7372017Assets 2018: $352,889Liabilities 2018: $119,147Net Assets 2018: $233,7422018Assets 2019: $925,614Liabilities 2019: $498,901Net Assets 2019: $426,7132019Assets 2020: $683,856Liabilities 2020: $344,804Net Assets 2020: $339,0522020Assets 2021: $722,344Liabilities 2021: $0Net Assets 2021: $722,3442021Assets 2022: $862,689Liabilities 2022: $1,600Net Assets 2022: $861,0892022Assets 2023: $546,951Liabilities 2023: $2,273Net Assets 2023: $544,6782023Assets 2024: $1,208,012Liabilities 2024: $327,912Net Assets 2024: $880,1002024Assets 2025: $1,712,468Liabilities 2025: $22,092Net Assets 2025: $1,690,3762025

Highlighted filing

2017

Assets$250,697
Liabilities$148,960
Net Assets$101,737

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $82,366Expenses 2011: $15,054Net Income 2011: $67,3122011Expenses 2012: $25,5112012Revenue 2013: $156,100Expenses 2013: $49,460Net Income 2013: $106,6402013Revenue 2014: -$36,064Expenses 2014: $48,129Net Income 2014: -$84,1932014Revenue 2015: $93,145Expenses 2015: $41,470Net Income 2015: $51,6752015Revenue 2016: -$76,292Expenses 2016: $79,968Net Income 2016: -$156,2602016Revenue 2017: $186,853Expenses 2017: $239,948Net Income 2017: -$53,0952017Revenue 2018: $412,981Expenses 2018: $280,976Net Income 2018: $132,0052018Revenue 2019: $754,486Expenses 2019: $390,461Net Income 2019: $364,0252019Revenue 2020: $176,845Expenses 2020: $264,506Net Income 2020: -$87,6612020Revenue 2021: $462,004Expenses 2021: $221,100Net Income 2021: $240,9042021Revenue 2022: $405,500Expenses 2022: $266,755Net Income 2022: $138,7452022Revenue 2023: $33,121Expenses 2023: $349,532Net Income 2023: -$316,4112023Revenue 2024: $3,297,055Expenses 2024: $2,961,633Net Income 2024: $335,4222024Revenue 2025: $1,405,681Expenses 2025: $595,405Net Income 2025: $810,2762025

Highlighted filing

2017

Revenue$186,853
Expenses$239,948
Net Income-$53,095
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 10, 2018
Return Version
2017v2.2
Gross Receipts
$347,365
Mission and Program Overview

Mission

The mission of the Iowa Agricultural Mitigation Bank is to provide wetland mitigation credits for impacts to farmed wetlands in north-central Iowa. The bank is intended to provide owners of farmed wetlands an alternative replacement option.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$36,832$85,321▲ $48,489
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$154,832$250,697▲ $95,865
Other Assets Total$118,000$165,376▲ $47,376
Liabilities
Accounts Payable and Accrued Expenses-$148,960-
Total Liabilities$0$148,960▲ $148,960
Net Assets / Fund Balance
Unrestricted Net Assets$154,832$101,737▼ $53,095
Total Net Assets Fund Balance$154,832$101,737▼ $53,095
Total Liabilities and Net Assets / Fund Balance$154,832$250,697▲ $95,865

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$127,376--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dan HeisselChairman
Warren JohnsonChairman
Duane SandDirector
Jim RichardsonDirector
John TorbertDirector
Paul BenekeDirector
Roger ZylstraDirector
Jim FrederickSecretary
Jan SherwoodTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$128,484
Program Service Revenue
$0
Investment Income
$1
Other Revenue
$58,368
All Other Contributions
$18,161
Change in Net Assets
$-53,095
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$194,453
Salaries, Compensation, and Employee Benefits$45,495
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management---$121,196
Other Salaries and Wages---$45,495
Insurance---$6,436
Travel---$4,606
Interest---$792
Fees for Services Accounting---$501
Fees for Services Other---$320
All Other Expenses---$177
Information Technology---$119
Other Expenses---$115
Office Expenses---$45
Total Functional Expenses$0$0$0$239,948
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
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
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

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Iowa Agricultural Mitigation Inc
EIN
27-2940802
Phone
5152320048
Address
2335 230TH ST, Ames, IA 50014

Signing Officer

Name
Jerry Tlach
Title
Treasurer
Signed
2018-05-10
Discuss with paid preparer
Yes

Organization Details

Formed
2010
Legal Domicile
Ia
Voting Board Members
9
Independent Board Members
9
Employees
0

Preparer

Firm
Weber Accounting Services LLC
Address
319 Lincoln Way Suite 3, Ames, IA 50010
Preparer
Amy Weber
Phone
5152922177
Supplemental Narrative

Financial Statement Notes

Part II, Line 9: Organization Reporting of conservation easements.

Conservation easements are held on the statement of financial position as inventory. When they are sold they are reported as revenue and cost of good sold on the statement of activities. Each easement is documented as to the number of credits sold and individual purchasing the easement.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/WrittenPolicyMonitoringInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0154832
IRS990/TotalAssetsEOYAmt0250697
IRS990/TotalAssetsGrp/BOYAmt0154832
IRS990/TotalAssetsGrp/EOYAmt0250697
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0128484
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0239948
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt0148960
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0148960
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0154832
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0101737
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt058369
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0186853
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0154832
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0250697
IRS990/TravelGrp/TotalAmt04606
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0154832
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0101737
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jerry Tlach
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Iowa Agricultural Mitigation Inc
ReturnHeader/Filer/BusinessNameControlTxt0IOWA
ReturnHeader/Filer/EIN0272940802
ReturnHeader/Filer/PhoneNum05152320048
ReturnHeader/Filer/USAddress/AddressLine1Txt02335 230TH ST
ReturnHeader/Filer/USAddress/CityNm0Ames
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050014
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0471170898
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Weber Accounting Services LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0319 Lincoln Way Suite 3
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Ames
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050010
ReturnHeader/PreparerPersonGrp/PhoneNum05152922177
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Amy Weber
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-05-10T04:43:37-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.71$0.02$1.69$1.41$0.60$0.81
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.21$0.33$0.88$3.30$2.96$0.34
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.55$0.00$0.54$0.03$0.35$0.32
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.86$0.00$0.86$0.41$0.27$0.14
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.00$0.72$0.46$0.22$0.24
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.68$0.34$0.34$0.18$0.26$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.93$0.50$0.43$0.75$0.39$0.36
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.35$0.12$0.23$0.41$0.28$0.13
2017Detailed filing. Detailed filing data is available for this year.$0.25$0.15$0.10$0.19$0.24$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.15$0.15$0.08$0.08$0.16
2015Detailed filing. Detailed filing data is available for this year.$0.39$0.07$0.31$0.09$0.04$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.42$0.16$0.26$0.04$0.05$0.08
2013Detailed filing. Detailed filing data is available for this year.$0.38$0.04$0.34$0.16$0.05$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.10$0.24$0.03
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.36$0.30$0.07$0.08$0.02$0.07
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)5 • <$500k nonprofits