Civic Intelligence

Marion Chamber Foundation

990EZ • Fiscal year 2021 • EIN 27-3113197

Sep 01, 2020 to Aug 31, 2021 • Filed on Jun 21, 2022

Organization ProfileWWW.MARIONCC.ORG/MARIONCHAMBERFOUNDATION
1070 7th AveMarion, IA 52302

(319) 743-4721

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

13th percentile

-40%

Higher net margin than 13% 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

9th percentile

-48%

Faster asset growth than 9% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

53rd percentile

8.0%

Faster revenue growth than 53% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$28,472

Down $26,057 (-48%) from 2020

Net Assets

Down

$28,472

Down $26,057 (-48%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin13th percentile

Revenue

Up

$65,725

Up $4,866 (+8.0%) from 2020

Expenses

Up

$91,782

Up $79,702 (+660%) from 2020

Net Income

Down

-$26,057

Down $74,836 (-153%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth9th percentile

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

$80K$60K$40K$20K$0Assets 2020: $54,529Liabilities 2020: $0Net Assets 2020: $54,5292020Assets 2021: $28,472Liabilities 2021: $0Net Assets 2021: $28,4722021Assets 2022: $46,546Liabilities 2022: $0Net Assets 2022: $46,5462022Assets 2023: $75,323Liabilities 2023: $5,614Net Assets 2023: $69,7092023Assets 2024: $49,351Liabilities 2024: $0Net Assets 2024: $49,3512024

Highlighted filing

2021

Assets$28,472
Liabilities$0
Net Assets$28,472
Open 2021 Filing

Operations Trend

Revenue Growth53rd percentile

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

$100K$50K$0-$50KRevenue 2020: $60,859Expenses 2020: $12,080Net Income 2020: $48,7792020Revenue 2021: $65,725Expenses 2021: $91,782Net Income 2021: -$26,0572021Revenue 2022: $80,656Expenses 2022: $62,582Net Income 2022: $18,0742022Revenue 2023: $40,643Expenses 2023: $17,480Net Income 2023: $23,1632023Revenue 2024: $29,939Expenses 2024: $50,297Net Income 2024: -$20,3582024

Highlighted filing

2021

Revenue$65,725
Expenses$91,782
Net Income-$26,057
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2020 to Aug 31, 2021
Signed
Jun 21, 2022
Return Version
2020v4.1
Gross Receipts
$65,725
Mission and Program Overview

Mission

Cultural and economic development

Program Services

DescriptionGrantsExpenses
IDENTIFYING COMMUNITY BETTERMENT PROJECTS AND WRITING GRANTS REQUESTED TO GATHER FINANCIAL SUPPORT FOR DRAFTING GRANT REQUESTS FOR MARIONS SIGNATURE CULTURAL ARTS FESTIVAL.-$91,728
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JILL ACKERMANPresident-$0--
Filing and Contact Details

Filer

Filer Name
Marion Chamber Foundation
EIN
27-3113197
Address
1070 7TH AVE, MARION, IA 52302

Signing Officer

Name
Jill Ackerman
Title
President
Phone
3197434721
Signed
2022-06-21
Discuss with paid preparer
Yes

Preparer

Firm
Lundahl Hatt & Austad Inc
Address
1090 7TH AVE Suite 102, Marion, IA 52302
Preparer
Cory Townsend
Phone
3193731591
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description amountemployee match 122”

List of grants and similar amounts paid Part I line 10

“Activity community betterment grantee various amount 27,906activity disaster recovery grantee various amount 63,821”

Description of other expenses Part I line 16

“Description amountoperations 27miscellaneous expense 28”

Description of other assets Part II line 24

“Category beginning of year end of yearaccounts receivable 0 1,000”

Raw XML Appendix135 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JILL ACKERMAN
IRS990EZ/BooksInCareOfDetail/PhoneNum03197434721
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01070 7TH AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MARION
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd052302
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt054529
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt027472
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt065603
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-26057
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt054529
IRS990EZ/Form990TotalAssetsGrp/EOYAmt028472
IRS990EZ/GrantsAndSimilarAmountsPaidAmt091727
IRS990EZ/GrossReceiptsAmt065725
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt054529
IRS990EZ/NetAssetsOrFundBalancesEOYAmt028472
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt054529
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt028472
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JILL ACKERMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01000
IRS990EZ/OtherExpensesTotalAmt055
IRS990EZ/OtherRevenueTotalAmt0122
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0CULTURAL AND ECONOMIC DEVELOPMENT
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0IDENTIFYING COMMUNITY BETTERMENT PROJECTS AND WRITING GRANTS REQUESTED TO GATHER FINANCIAL SUPPORT FOR DRAFTING GRANT REQUESTS FOR MARIONS SIGNATURE CULTURAL ARTS FESTIVAL.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt091728
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt091782
IRS990EZ/TotalProgramServiceExpensesAmt091728
IRS990EZ/TotalRevenueAmt065725
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.MARIONCC.ORG/MARIONCHAMBERFOUNDATION
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt065603
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt060859
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt037235
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt032545
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt046686
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0242928
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.81360
IRS990ScheduleA/PublicSupportPY170Pct00.97420
IRS990ScheduleA/PublicSupportTotal170Amt0197646
IRS990ScheduleA/SubstantialContributorsTotAmt045282
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt065603
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt060859
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt037235
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt032545
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt046686
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0242928
IRS990ScheduleA/TotalSupportAmt0242928
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTEMPLOYEE MATCH 122
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY COMMUNITY BETTERMENT GRANTEE VARIOUS AMOUNT 27,906ACTIVITY DISASTER RECOVERY GRANTEE VARIOUS AMOUNT 63,821
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION AMOUNTOPERATIONS 27MISCELLANEOUS EXPENSE 28
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CATEGORY BEGINNING OF YEAR END OF YEARACCOUNTS RECEIVABLE 0 1,000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of other assets Part II line 24
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JILL ACKERMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03197434721
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-06-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MARION CHAMBER FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0MARI
ReturnHeader/Filer/EIN0273113197
ReturnHeader/Filer/USAddress/AddressLine1Txt01070 7TH AVE
ReturnHeader/Filer/USAddress/CityNm0MARION
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd052302
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421414044
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LUNDAHL HATT & AUSTAD INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01090 7TH AVE Suite 102
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Marion
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd052302
ReturnHeader/PreparerPersonGrp/PhoneNum03193731591
ReturnHeader/PreparerPersonGrp/PreparationDt02022-07-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CORY TOWNSEND
ReturnHeader/ReturnTs02022-07-11T11:26:51-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JILL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ACKERMAN
ReturnHeader/TaxPeriodBeginDt02020-09-01
ReturnHeader/TaxPeriodEndDt02021-08-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$28,472
Liabilities
$0
Net assets
$28,472
Revenue
$65,725
Expenses
$91,782
Net income
-$26,057
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$49.4$0.00$49.4$29.9$50.3$20.4
2023Detailed filing. Detailed filing data is available for this year.$75.3$5.61$69.7$40.6$17.5$23.2
2022Detailed filing. Detailed filing data is available for this year.$46.5$0.00$46.5$80.7$62.6$18.1
2021Detailed filing. Detailed filing data is available for this year.$28.5$0.00$28.5$65.7$91.8$26.1
2020Detailed filing. Detailed filing data is available for this year.$54.5$0.00$54.5$60.9$12.1$48.8