Civic Intelligence

Iowa State Aberdeen Angus Association

990 • Fiscal year 2013 • EIN 42-0733448

Jan 01, 2013 to Dec 31, 2013 • Filed on Apr 30, 2014

1424 220th Street50835

(641) 785-2315

Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

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

2013 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

32nd percentile

0.00x

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

2013 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2013

Net Margin

36th percentile

0.0%

Higher net margin than 36% of similar nonprofits.

2013 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

44th percentile

$32,547

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

2013 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2013

Asset Growth

38th percentile

0.1%

Faster asset growth than 38% of similar nonprofits.

2013 filings • 501(c)5 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Revenue Growth

8th percentile

-16%

Faster revenue growth than 8% of similar nonprofits.

2013 filings • 501(c)5 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Assets

Up

$110,467

Up $69 (+0.1%) from 2012

Net Assets

Up

$110,467

Up $69 (+0.1%) from 2012

Liabilities

Flat

$0

Flat from 2012

Revenue

Down

$721,383

Down $141,921 (-16%) from 2012

Expenses

Down

$721,314

Down $131,353 (-15%) from 2012

Net Income

Down

$69

Down $10,568 (-99%) from 2012

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2010: $90,463Liabilities 2010: $0Net Assets 2010: $90,4632010Assets 2011: $99,158Liabilities 2011: $0Net Assets 2011: $99,1582011Assets 2012: $110,398Liabilities 2012: $0Net Assets 2012: $110,3982012Assets 2013: $110,467Liabilities 2013: $0Net Assets 2013: $110,4672013Assets 2014: $106,726Liabilities 2014: $0Net Assets 2014: $106,7262014Assets 2015: $163,269Liabilities 2015: $0Net Assets 2015: $163,2692015Assets 2016: $160,900Liabilities 2016: $0Net Assets 2016: $160,9002016Assets 2017: $100,427Liabilities 2017: $0Net Assets 2017: $100,4272017Assets 2018: $151,174Liabilities 2018: $0Net Assets 2018: $151,1742018Assets 2019: $150,482Liabilities 2019: $0Net Assets 2019: $150,4822019Assets 2020: $144,386Liabilities 2020: $0Net Assets 2020: $144,3862020Assets 2021: $140,586Liabilities 2021: $0Net Assets 2021: $140,5862021Assets 2022: $162,788Liabilities 2022: $0Net Assets 2022: $162,7882022Assets 2023: $168,796Liabilities 2023: $189Net Assets 2023: $168,6072023Assets 2024: $163,119Liabilities 2024: $0Net Assets 2024: $163,1192024

Highlighted filing

2013

Assets$110,467
Liabilities$0
Net Assets$110,467

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $516,5422010Expenses 2011: $667,2612011Revenue 2012: $863,304Expenses 2012: $852,667Net Income 2012: $10,6372012Revenue 2013: $721,383Expenses 2013: $721,314Net Income 2013: $692013Revenue 2014: $593,038Expenses 2014: $596,779Net Income 2014: -$3,7412014Revenue 2015: $818,378Expenses 2015: $761,836Net Income 2015: $56,5422015Revenue 2016: $624,432Expenses 2016: $626,801Net Income 2016: -$2,3692016Revenue 2017: $677,551Expenses 2017: $738,024Net Income 2017: -$60,4732017Revenue 2018: $518,834Expenses 2018: $528,087Net Income 2018: -$9,2532018Revenue 2019: $445,864Expenses 2019: $446,556Net Income 2019: -$6922019Revenue 2020: $433,874Expenses 2020: $439,970Net Income 2020: -$6,0962020Revenue 2021: $435,692Expenses 2021: $439,492Net Income 2021: -$3,8002021Revenue 2022: $496,828Expenses 2022: $474,426Net Income 2022: $22,4022022Revenue 2023: $416,147Expenses 2023: $410,328Net Income 2023: $5,8192023Revenue 2024: $462,779Expenses 2024: $468,267Net Income 2024: -$5,4882024

Highlighted filing

2013

Revenue$721,383
Expenses$721,314
Net Income$69
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Apr 30, 2014
Return Version
2013v3.1
Gross Receipts
$721,383
Mission and Program Overview

Mission

Promote and improve through education the Aberdeen Angus breed of cattle

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$78,251$77,804▼ $447
Savings and Temporary Cash Investments$32,147$32,663▲ $516
Total Assets$110,398$110,467▲ $69
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$110,398$110,467▲ $69
Total Net Assets Fund Balance$110,398$110,467▲ $69
Total Liabilities and Net Assets / Fund Balance$110,398$110,467▲ $69

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$6,418-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Holmes TriciaEx SecretaryPT$32,547$32,547
Holmes ColbyEx SecretaryPT$19,900$19,900

Board Members and Trustees

NameTitle
Purdum DannyPast President
Skarda RonPresident
Miller ChrisVice President
Becker JoeDirector
Beiber GeorgeDirector
Bradshaw DannyDirector
Brandt KirkDirector
Burns PatDirector
Driscoll ErleDirector
Greiman TedDirector
Jensen CodyDirector
Johnson EricDirector
Leaders StanDirector
Maas KevinDirector
Mohrfeld KevinDirector
Neumeyer ButchDirector
ONeill JimDirector
Paulsrud BobDirector
Schroeder DougDirector
Wells MikeDirector
Wiederstein EdDirector
Wood GregDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$9,985
Program Service Revenue
$710,792
Investment Income
$606
Other Revenue
$0
Change in Net Assets
$69
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$668,867
Salaries, Compensation, and Employee Benefits$52,447
Total Fundraising Expense$1,020
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$47,202$5,245-$52,447
Advertising$15,303-$1,020$16,323
Other Expenses$15,740$10,374-$15,740
Travel$5,145--$5,145
Information Technology$2,776$167-$2,943
Fees for Services Accounting$1,762$196-$1,958
All Other Expenses$352$599-$951
Office Expenses$421$47-$468
Insurance-$451-$451
Conferences and Meetings-$170-$170
Total Functional Expenses$703,045$17,249$1,020$721,314
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

Each member is a member of a regional group and the state association. Members elect delegates to serve as the governing body from their region and also at-large.

Member election for additional members Part VI line 7A

Members can nomiate a delegate from their region and at-large to represent them. The nominees are voted on by the region and state membership. These delegates make up the Board of Directors who have voting rights for association bi-law changes and approval of contracts issued.

Governing body decisions Part VI line 7B

All board minutes are published in the bi-monthly newsletter and each member has a right to question any proceedings of the meetings.

Form 990 governing body review Part VI line 11

No documents are available to the public except those published in the newspaper or directory.

CEO executive director top management comp Part VI line 15A

Compensation is approved by the Board of directors. Currently, only the Secretary / Treasurer is a compensated position and board members determine their compensation in a private meeting without the compensated officer present.

Other officer or key employee compensation Part VI line 15B

Once board has approved the compensation, a contract is drawn up outlining the commission base and any set fees the officer or employee will receive each year.

Governing documents etc available to public Part VI line 19

All changes to governing documents and policies are published in the newspaper and/or directories that are distrubted to members and general public. Financial statements are available at each meeting. A copy of the form 990 is reviewed by the president secretary and treasurer before the return is filed. Any member can request from the president secretary or treasurer to see a copy of any documents.

Filing and Contact Details

Filer

EIN
42-0733448

Signing Officer

Name
Skarda Ron
Title
President
Phone
6417852315
Signed
2014-04-30
Discuss with paid preparer
No

Organization Details

Principal Officer
Skarda Ron
Formed
1922
Legal Domicile
Ia
Voting Board Members
22
Independent Board Members
22
Employees
0
Volunteers
62

Preparer

Preparer
William Klein
Phone
5158324783
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Past President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director
IRS990/Form990PartVIISectionAGrp/TitleTxt21Director
IRS990/Form990PartVIISectionAGrp/TitleTxt22Ex Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt23Ex Secretary
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01922
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingAmt01340
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt022
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0721383
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt022
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0167
IRS990/InformationTechnologyGrp/ProgramServicesAmt02776
IRS990/InformationTechnologyGrp/TotalAmt02943
IRS990/InsuranceGrp/ManagementAndGeneralAmt0451
IRS990/InsuranceGrp/TotalAmt0451
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0606
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0606
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06418
IRS990/LandBldgEquipCostOrOtherBssAmt06418
IRS990/LegalDomicileStateCd0IA
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt08645
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Promote and improve through education the Aberdeen Angus breed of cattle
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0110398
IRS990/NetAssetsOrFundBalancesEOYAmt0110467
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0true
IRS990/NondeductibleContriDisclInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt047
IRS990/OfficeExpensesGrp/ProgramServicesAmt0421
IRS990/OfficeExpensesGrp/TotalAmt0468
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Beef Expo
IRS990/OtherExpensesGrp/Desc1Bull Test
IRS990/OtherExpensesGrp/Desc2Printing and postage
IRS990/OtherExpensesGrp/Desc3Direct Expense
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010374
IRS990/OtherExpensesGrp/ProgramServicesAmt0463444
IRS990/OtherExpensesGrp/ProgramServicesAmt1132110
IRS990/OtherExpensesGrp/ProgramServicesAmt218790
IRS990/OtherExpensesGrp/ProgramServicesAmt315740
IRS990/OtherExpensesGrp/TotalAmt0463444
IRS990/OtherExpensesGrp/TotalAmt1132110
IRS990/OtherExpensesGrp/TotalAmt229164
IRS990/OtherExpensesGrp/TotalAmt315740
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Skarda Ron
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0511140
IRS990/ProgramServiceRevenueGrp/BusinessCd1110000
IRS990/ProgramServiceRevenueGrp/BusinessCd2110000
IRS990/ProgramServiceRevenueGrp/BusinessCd3110000
IRS990/ProgramServiceRevenueGrp/Desc0Newspaper and Directory
IRS990/ProgramServiceRevenueGrp/Desc1Beef Expo
IRS990/ProgramServiceRevenueGrp/Desc2Bull Test
IRS990/ProgramServiceRevenueGrp/Desc3General Promotion
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt050942
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1147168
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2500150
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt312532
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt050942
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1147168
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2500150
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt312532
IRS990/ProgSrvcAccomActy2Grp/Desc0Bull Testing - Each March, the association holds a show to test members bulls for performance and genetics.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0143933
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0147168
IRS990/ProgSrvcAccomActy3Grp/Desc0General Promotion - Every weekend in June, the association holds Cattle Shows for junior members (teenagers) to show their cattle and help them go to the national cattle convention. They also provide one junior with a $500 scholarship toward the purchase of a heifer. A directory is printed each year with members names and contact information which is distributed to members and beef buyers. Approximately 6,000 directories are published. A newspaper is printed six times a year with information on the angus breed of cattle and member information about the association such as minutes of the last meeting and upcoming association events. These are distributed to members and buyers with approximately 4,500 copies printed. Members also attend trade shows and fairs to promote the angus breed of cattle.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt057936
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt073459
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt010760
IRS990/PYInvestmentIncomeAmt0785
IRS990/PYOtherExpensesAmt0797993
IRS990/PYProgramServiceRevenueAmt0851759
IRS990/PYRevenuesLessExpensesAmt010637
IRS990/PYSalariesCompEmpBnftPaidAmt054674
IRS990/PYTotalExpensesAmt0852667
IRS990/PYTotalRevenueAmt0863304
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt069
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0500150
IRS990/SavingsAndTempCashInvstGrp/BOYAmt032147
IRS990/SavingsAndTempCashInvstGrp/EOYAmt032663
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06418
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt06418
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Each member is a member of a regional group and the state association. Members elect delegates to serve as the governing body from their region and also at-large.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Members can nomiate a delegate from their region and at-large to represent them. The nominees are voted on by the region and state membership. These delegates make up the Board of Directors who have voting rights for association bi-law changes and approval of contracts issued.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All board minutes are published in the bi-monthly newsletter and each member has a right to question any proceedings of the meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3No documents are available to the public except those published in the newspaper or directory.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Compensation is approved by the Board of directors. Currently, only the Secretary / Treasurer is a compensated position and board members determine their compensation in a private meeting without the compensated officer present.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Once board has approved the compensation, a contract is drawn up outlining the commission base and any set fees the officer or employee will receive each year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6All changes to governing documents and policies are published in the newspaper and/or directories that are distrubted to members and general public. Financial statements are available at each meeting. A copy of the form 990 is reviewed by the president secretary and treasurer before the return is filed. Any member can request from the president secretary or treasurer to see a copy of any documents.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$0.00$1.63$4.63$4.68$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.69$0.00$1.69$4.16$4.10$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$0.00$1.63$4.97$4.74$0.22
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.41$0.00$1.41$4.36$4.39$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.44$0.00$1.44$4.34$4.40$0.06
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$0.00$1.50$4.46$4.47$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.51$0.00$1.51$5.19$5.28$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.00$0.00$1.00$6.78$7.38$0.60
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.61$0.00$1.61$6.24$6.27$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.63$0.00$1.63$8.18$7.62$0.57
2014Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$5.93$5.97$0.04
2013Detailed filing. Detailed filing data is available for this year.$1.10$0.00$1.10$7.21$7.21$0.00
2012Summary only. Only limited summary data is available for this year.$1.10$0.00$1.10$8.63$8.53$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.00$0.99$6.67
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$0.00$0.90$5.17