Civic Intelligence

Exceptional Persons Inc.

990 • Fiscal year 2025 • EIN 42-0794846

Jul 01, 2024 to Jun 30, 2025 • Filed on Dec 19, 2025

PO Box 4090Waterloo, IA 50704-4090

(319) 232-6671

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.12x

Higher debt load relative to assets than 42% of similar nonprofits.

2025 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2025

Liabilities / Revenue

28th percentile

0.10x

Higher debt load relative to revenue than 28% of similar nonprofits.

2025 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2025

Net Margin

65th percentile

12%

Higher net margin than 65% of similar nonprofits.

2025 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2025

Top Officer Pay

33rd percentile

$191,235

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2025 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2025

Asset Growth

83rd percentile

17%

Faster asset growth than 83% of similar nonprofits.

2025 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Revenue Growth

52nd percentile

7.6%

Faster revenue growth than 52% of similar nonprofits.

2025 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Assets

Up

$21,316,259

Up $3,034,417 (+17%) from 2024

Net Assets

Up

$18,742,479

Up $3,514,622 (+23%) from 2024

Liabilities

Down

$2,573,780

Down $480,205 (-16%) from 2024

Revenue

Up

$25,293,289

Up $1,775,809 (+7.6%) from 2024

Expenses

Down

$22,194,684

Down $489,209 (-2.2%) from 2024

Net Income

Up

$3,098,605

Up $2,265,018 (+272%) from 2024

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $9,051,818Liabilities 2011: $3,505,423Net Assets 2011: $5,546,3952011Assets 2012: $8,889,149Liabilities 2012: $3,242,227Net Assets 2012: $5,646,9222012Assets 2013: $8,871,246Liabilities 2013: $3,033,758Net Assets 2013: $5,837,4882013Assets 2014: $9,346,674Liabilities 2014: $2,954,034Net Assets 2014: $6,392,6402014Assets 2015: $9,453,070Liabilities 2015: $2,905,700Net Assets 2015: $6,547,3702015Assets 2016: $10,751,780Liabilities 2016: $3,530,723Net Assets 2016: $7,221,0572016Assets 2017: $10,198,893Liabilities 2017: $3,384,588Net Assets 2017: $6,814,3052017Assets 2018: $10,812,352Liabilities 2018: $3,682,978Net Assets 2018: $7,129,3742018Assets 2019: $11,099,618Liabilities 2019: $3,112,571Net Assets 2019: $7,987,0472019Assets 2020: $14,757,919Liabilities 2020: $6,482,118Net Assets 2020: $8,275,8012020Assets 2021: $15,805,622Liabilities 2021: $3,045,105Net Assets 2021: $12,760,5172021Assets 2022: $16,374,370Liabilities 2022: $3,378,663Net Assets 2022: $12,995,7072022Assets 2023: $17,197,441Liabilities 2023: $3,459,642Net Assets 2023: $13,737,7992023Assets 2024: $18,281,842Liabilities 2024: $3,053,985Net Assets 2024: $15,227,8572024Assets 2025: $21,316,259Liabilities 2025: $2,573,780Net Assets 2025: $18,742,4792025

Highlighted filing

2025

Assets$21,316,259
Liabilities$2,573,780
Net Assets$18,742,479

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2011: $18,621,9212011Expenses 2012: $18,651,4912012Expenses 2013: $19,603,8262013Revenue 2014: $20,947,612Expenses 2014: $20,559,464Net Income 2014: $388,1482014Revenue 2015: $21,310,027Expenses 2015: $20,948,066Net Income 2015: $361,9612015Revenue 2016: $21,562,715Expenses 2016: $20,912,586Net Income 2016: $650,1292016Revenue 2017: $19,662,771Expenses 2017: $19,720,916Net Income 2017: -$58,1452017Revenue 2018: $19,160,787Expenses 2018: $18,897,153Net Income 2018: $263,6342018Revenue 2019: $20,073,521Expenses 2019: $19,317,583Net Income 2019: $755,9382019Revenue 2020: $20,288,839Expenses 2020: $20,056,822Net Income 2020: $232,0172020Revenue 2021: $23,613,426Expenses 2021: $19,660,757Net Income 2021: $3,952,6692021Revenue 2022: $21,131,574Expenses 2022: $20,343,284Net Income 2022: $788,2902022Revenue 2023: $21,717,196Expenses 2023: $21,448,321Net Income 2023: $268,8752023Revenue 2024: $23,517,480Expenses 2024: $22,683,893Net Income 2024: $833,5872024Revenue 2025: $25,293,289Expenses 2025: $22,194,684Net Income 2025: $3,098,6052025

Highlighted filing

2025

Revenue$25,293,289
Expenses$22,194,684
Net Income$3,098,605
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Dec 19, 2025
Return Version
2024v5.0
Gross Receipts
$27,392,546
Mission and Program Overview

Mission

Exceptional persons, inc. (epi) is dedicated to connecting people, creating opportunities, and nurturing growth. Our mission comes to life through four core service areas: community living, children & family services, employment services, and property management. With a reach across 23 counties, epi is committed to building vibrant, inclusive communities where individuals with diabilities can thrive.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$8,704,540$11,570,250▲ $2,865,710
Savings and Temporary Cash Investments$3,384,743$3,867,245▲ $482,502
Land, Buildings, and Equipment, Net$3,214,174$3,660,846▲ $446,672
Accounts Receivable$1,436,534$1,398,565▼ $37,969
Pledges and Grants Receivable$1,039,658$378,857▼ $660,801
Prepaid Expenses and Deferred Charges$343,979$328,050▼ $15,929
Cash and Non-Interest-Bearing Accounts$133$100▼ $33
Total Assets$18,281,842$21,316,259▲ $3,034,417
Other Assets Total$158,081$112,346▼ $45,735
Liabilities
Accounts Payable and Accrued Expenses$1,515,329$1,344,485▼ $170,844
Escrow Account Liability$464,217$482,461▲ $18,244
Tax Exempt Bond Liabilities$554,394$390,637▼ $163,757
Deferred Revenue$520,045$356,197▼ $163,848
Total Liabilities$3,053,985$2,573,780▼ $480,205
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$15,166,392$18,687,279▲ $3,520,887
Net Assets With Donor Restrictions$61,465$55,200▼ $6,265
Total Net Assets Fund Balance$15,227,857$18,742,479▲ $3,514,622
Total Liabilities and Net Assets / Fund Balance$18,281,842$21,316,259▲ $3,034,417

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,581,983$3,909,965$6,491,948
Other Land Buildings$445,865$460,123$905,988
Land$606,452-$606,452
Equipment$26,546$463,777$490,323
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Katie SladeExecutive DiFT$158,227$33,008$191,235
Katie SladeExecutive Director-$158,227$33,008$191,235
Faliku KamaraEmployeeFT$101,927$18,952$120,879
Amy KolpekEmployeeFT$108,834$10,542$119,376
Bernadette KipperEmployeeFT$109,371$7,198$116,569
Sara DrishEmployeeFT$105,116$8,364$113,480
Maghan BowmanEmployeeFT$106,313$5,379$111,692
James PerryCFOFT$100,670$4,417$105,087

Board Members and Trustees

NameTitle
Jordan AlbornPresident
Brandon MarksDirector
Brittney WeberDirector
Dodie YoungDirector
Frank DarrahDirector
Frank EsserDirector
Iris VeringDirector
Jeff HalversonDirector
Jim NygrenDirector
Matthew GaryDirector
Steve LindamanPast Preside
Kim FettketherSecretary
Mike IsaacsonTreasurer
Gia ShannonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$6,649,389
Program Service Revenue
$18,003,208
Investment Income
$533,972
Other Revenue
$106,720
Change in Net Assets
$3,098,605

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Securities Publicly Traded1$2,106,939
Other Non Cash Contri Table1$65,270
Total Noncash Contributions2$2,172,209

Audited Revenue Reconciliation

Revenue per Audited Statements
$25,233,538
Revenue Not Reported on Financial Statements
$59,751
Revenue Not Reported on Form 990
$416,017
Total Revenue per Audited Statements
$25,649,555
Total Revenue per Form 990
$25,293,289
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$17,641,868
Other Expenses$4,552,816
Total Fundraising Expense$160,388
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$12,950,197$1,257,195$85,400$14,292,792
Other Employee Benefits$1,333,395$108,946$9,626$1,451,967
Fees for Services Other$1,298,660$88,477$4,174$1,391,311
Payroll Taxes$946,770$111,414$6,027$1,064,211
Pension Plan Contributions$539,842$56,569$8,554$604,965
Depreciation Depletion$360,269$46,707$366$407,342
Occupancy$315,219$17,077$666$332,962
Office Expenses$179,631$75,105$6,661$261,397
Current Officers, Directors, Trustees, and Key Employees-$227,933-$227,933
Insurance$109,098$47,481$4,452$161,031
Conferences and Meetings$103,776$35,637$90$139,503
Travel$128,105$2,101-$130,206
Fees for Services Accounting$2,998$63,395$10,030$76,423
Fees for Service Investment Mgmnt Fees-$59,751-$59,751
Advertising$43,398$1,487-$44,885
Fees for Services Legal$566$40,171$3,068$43,805
All Other Expenses$20,567$1,567$21,061$43,195
Other Expenses$21,823$4,761$208$26,584
Interest$19,245$4,712-$23,957
Total Functional Expenses$19,746,279$2,288,017$160,388$22,194,684

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$22,194,684
Expenses per Audited Statements$22,134,933
Total Expenses per Audited Statements$22,134,933
Expenses Not Reported on Financial Statements$59,751
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
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
ABlack Hawk County Ia2005-12-01$1,500,000Part i, line a(f) description of purpose: to purchase land, buildings, improvements and equipment fo

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A----

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The 990 and annual audit are presented to the finance committee and board of directors prior to submitting the form 990. The senior auditor makes the presentation reviewing both documents with officers and directors. Directors receive these materials a week prior to the meetings for their review.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy addresses the need to disclose any potential conflicts an officer, director, or any key employee may have. The conflict of interest form is completed and reviewed annually. Any conflict arising throughout the year is to be disclosed with completion of a new conflict of interest form at that time. The forms are reviewed and kept on file to assure the abstention from voting for any item relating to the conflict of an officer, director, or key employee.

Form 990, Page 6, Part VI, Line 15A

Wage survey data for all organizational positions is obtained annually during the budgeting process. The information is used to establish the overall pay plan for the next fiscal year as well as determining comparability of executive director and top management compensation. All information and the proposed pay plan are reviewed by human resources committee and finance committee for recommendation of approval to the full board of directors. Executive director and top management compensation are specifically listed for review and approval during this process.

Form 990, Page 6, Part VI, Line 19

Governing documents, conflict of interest policy and financial statements are available to the public upon request made to the agency. Requests are forwarded to the executive director and business director for prompt response.

Filing and Contact Details

Filer

Filer Name
Exceptional Persons Inc
EIN
42-0794846
Phone
3192326671
Address
PO BOX 4090, WATERLOO, IA 50704-4090

Signing Officer

Name
Katie Slade
Title
Executive Director
Phone
3192326671
Signed
2025-12-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Katie Slade
Formed
1957
Legal Domicile
Ia
Voting Board Members
14
Independent Board Members
14
Employees
390
Volunteers
39

Preparer

Firm
Hogan - Hansen Pc
Address
3128 BROCKWAY ROAD, WATERLOO, IA 50701-5103
Preparer
Steven K Duggan CPA
Phone
3192335225
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Exceptional persons, inc. (epi) is dedicated to connecting people, creating opportunities, and nurturing growth. Our mission comes to life through four core service areas: community living, children & family services, employment services, and property management. With a reach across 23 counties, epi is committed to building vibrant, inclusive communities where individuals with diabilities can thrive.

Form 990, Page 2, Part III, Line 4A

Community living - epi empowers people to live meaningful lives by promoting community engagement and ensuring that everyone feels valued and included in their communities. In 2025, we achieved a significant milestone: we helped a young man return to his home state of iowa, transitioning from an institutional setting into his own home. This was made possible through a combination of in-person and virtual direct support professionals (dsps). Since making this move, his quality of life has improved dramatically - incidents of elopement and emergency department visits have decreased, reflecting the positive impact of person-centered support and community integration. Currently, 100% of epi-owned homes utilize these innovative solutions, fostering independence and growth every day.

Form 990, Page 2, Part III, Line 4D

Property management - our property management ensures that individuals have safe, accessible housing where they can thrive. Epi currently provides housing for 252 individuals across 132 homes in the cedar valley. These homes offer more than just shelter; they provide a stable foundation for growth and community connection, helping individuals achieve their personal goals and live independently. Expenses 517,297 revenue 713,836 other programs expenses 345,955 revenue 335,080

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

Custodial accounts - fee for service (ffs) representative payee services will be provided with accountability to the individual, guardian, and social security administration through accessible procedures of accounting, managing and documenting fund disbursement within a system of internal control insuring appropriate use of funds in compliance with section 414- 54.5 of iowa state code and the social security regulations. Ffs payeeship services will coordinate with personal outcome planning to provide opportunities to individuals to develop new financial management skills encouraging independence and autonomy.

Schedule D, Page 3, Part X

Management annually makes an appropriate evaluation of any uncertain income tax positions based upon current statutes in completing these financial statements and the notes to the financial statements. As of june 30, 2025, management believes that there were no uncertain income tax positions for which a material change in the unrecognized effect would be reasonably possible within the next 12 months.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1EMPLOYEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2EMPLOYEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3EMPLOYEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4EMPLOYEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5EMPLOYEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt10SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt11PAST PRESIDE
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
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IRS990/FormationYr01957
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IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
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IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0EXCEPTIONAL PERSONS, INC. (EPI) IS DEDICATED TO CONNECTING PEOPLE, CREATING OPPORTUNITIES, AND NURTURING GROWTH. OUR MISSION COMES TO LIFE THROUGH FOUR CORE SERVICE AREAS: COMMUNITY LIVING, CHILDREN & FAMILY SERVICES, EMPLOYMENT SERVICES, AND PROPERTY MANAGEMENT. WITH A REACH ACROSS 23 COUNTIES, EPI IS COMMITTED TO BUILDING VIBRANT, INCLUSIVE COMMUNITIES WHERE INDIVIDUALS WITH DIABILITIES CAN THRIVE.
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IRS990/OtherExpensesGrp/TotalAmt1238647
IRS990/OtherExpensesGrp/TotalAmt2235981
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IRS990/OtherRevenueMiscGrp/Desc0ADMINISTRATIVE REIMBURSEMENTS
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IRS990/OtherWebsiteInd0X
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0111414
IRS990/PayrollTaxesGrp/ProgramServicesAmt0946770
IRS990/PayrollTaxesGrp/TotalAmt01064211
IRS990/PensionPlanContributionsGrp/FundraisingAmt08554
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt056569
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0539842
IRS990/PensionPlanContributionsGrp/TotalAmt0604965
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01039658
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0378857
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0343979

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.$21.3$2.57$18.7$25.3$22.2$3.10
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.3$3.05$15.2$23.5$22.7$0.83
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.2$3.46$13.7$21.7$21.4$0.27
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.4$3.38$13.0$21.1$20.3$0.79
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.8$3.05$12.8$23.6$19.7$3.95
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.8$6.48$8.28$20.3$20.1$0.23
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.1$3.11$7.99$20.1$19.3$0.76
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.8$3.68$7.13$19.2$18.9$0.26
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.2$3.38$6.81$19.7$19.7$0.06
2016Detailed filing. Detailed filing data is available for this year.$10.8$3.53$7.22$21.6$20.9$0.65
2015Detailed filing. Detailed filing data is available for this year.$9.45$2.91$6.55$21.3$20.9$0.36
2014Detailed filing. Detailed filing data is available for this year.$9.35$2.95$6.39$20.9$20.6$0.39
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.87$3.03$5.84$19.6
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.89$3.24$5.65$18.7
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.05$3.51$5.55$18.6
Peer Organizations

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