Civic Intelligence

Lakewood Utilities

990EZ • Fiscal year 2022 • EIN 42-0920429

Oct 01, 2021 to Sep 30, 2022 • Filed on Jan 15, 2022

2243 146th StFort Dodge, IA 50501

(515) 570-6635

Siviq Scores

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

Liabilities / Assets

95th percentile

0.95x

Higher debt load relative to assets than 95% of similar nonprofits.

2022 filings • 501(c)12 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

99th percentile

5.67x

Higher debt load relative to revenue than 99% of similar nonprofits.

2022 filings • 501(c)12 • <$500k nonprofits • Source year 2022

Net Margin

33rd percentile

-6.0%

Higher net margin than 33% of similar nonprofits.

2022 filings • 501(c)12 • <$500k nonprofits • Source year 2022

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.

2022 filings • 501(c)12 • <$500k nonprofits • Source year 2022

Asset Growth

37th percentile

-2.7%

Faster asset growth than 37% of similar nonprofits.

2022 filings • 501(c)12 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

39th percentile

-0.5%

Faster revenue growth than 39% of similar nonprofits.

2022 filings • 501(c)12 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$404,244

Down $11,027 (-2.7%) from 2021

Net Assets

Down

$21,495

Down $4,049 (-16%) from 2021

Liabilities

Down

$382,749

Down $6,978 (-1.8%) from 2021

Revenue

Down

$67,462

Down $370 (-0.5%) from 2021

Expenses

Down

$71,511

Down $40 (-0.1%) from 2021

Net Income

Down

-$4,049

Down $330 (-8.9%) from 2021

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2012: $174,661Liabilities 2012: $3942012Assets 2013: $162,917Liabilities 2013: $4202013Assets 2014: $133,550Liabilities 2014: $4602014Assets 2015: $357,990Liabilities 2015: $220,4912015Assets 2016: $519,153Liabilities 2016: $420,789Net Assets 2016: $98,3642016Assets 2017: $487,157Liabilities 2017: $416,830Net Assets 2017: $70,3272017Assets 2018: $458,964Liabilities 2018: $406,732Net Assets 2018: $52,2322018Assets 2019: $435,036Liabilities 2019: $401,231Net Assets 2019: $33,8052019Assets 2020: $424,908Liabilities 2020: $395,645Net Assets 2020: $29,2632020Assets 2021: $415,271Liabilities 2021: $389,727Net Assets 2021: $25,5442021Assets 2022: $404,244Liabilities 2022: $382,749Net Assets 2022: $21,4952022Assets 2023: $389,873Liabilities 2023: $376,402Net Assets 2023: $13,4712023Assets 2024: $349,818Liabilities 2024: $363,115Net Assets 2024: -$13,2972024Assets 2025: $404,912Liabilities 2025: $442,673Net Assets 2025: -$37,7612025

Highlighted filing

2022

Assets$404,244
Liabilities$382,749
Net Assets$21,495

Operations Trend

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

$100K$50K$0-$50KRevenue 2012: $30,270Expenses 2012: $23,836Net Income 2012: $6,4342012Revenue 2013: $30,683Expenses 2013: $42,453Net Income 2013: -$11,7702013Revenue 2014: $32,099Expenses 2014: $61,517Net Income 2014: -$29,4182014Revenue 2015: $42,460Expenses 2015: $38,051Net Income 2015: $4,4092015Revenue 2016: $48,792Expenses 2016: $87,927Net Income 2016: -$39,1352016Revenue 2017: $48,357Expenses 2017: $76,394Net Income 2017: -$28,0372017Revenue 2018: $48,600Expenses 2018: $70,998Net Income 2018: -$22,3982018Revenue 2019: $55,784Expenses 2019: $72,753Net Income 2019: -$16,9692019Revenue 2020: $67,952Expenses 2020: $70,030Net Income 2020: -$2,0782020Revenue 2021: $67,832Expenses 2021: $71,551Net Income 2021: -$3,7192021Revenue 2022: $67,462Expenses 2022: $71,511Net Income 2022: -$4,0492022Revenue 2023: $68,402Expenses 2023: $76,427Net Income 2023: -$8,0252023Revenue 2024: $68,419Expenses 2024: $95,188Net Income 2024: -$26,7692024Revenue 2025: $67,423Expenses 2025: $91,887Net Income 2025: -$24,4642025

Highlighted filing

2022

Revenue$67,462
Expenses$71,511
Net Income-$4,049
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Jan 15, 2022
Return Version
2021v4.0
Gross Receipts
$67,462
Mission and Program Overview

Mission

Lakewood utilities was designed to provide water services and road maintenance to the general public in the lakewood area of fort dodge, iowa.

Program Services

DescriptionGrantsExpenses
LAKEWOOD UTILITIES WAS DESIGNED TO PROVIDE WATER SERVICES AND ROAD MAINTENANCE TO THE GENERAL PUBLIC IN THE LAKEWOOD AREA OF FORT DODGE, IOWA.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LEONARD DARLINGBoard Member-$0--
TJ LYNNBoard Member-$0--
SHAUNNA ABRAMSSecretary-$0--
LORI EVANSTreasurerPT$0--
CHARLIE WALKERVice Preside-$0--
JEFF WOODPresident-$0--
Filing and Contact Details

Filer

Filer Name
Lakewood Utilities
EIN
42-0920429
Phone
5155706635
Address
2243 146TH ST, FORT DODGE, IA 50501

Signing Officer

Name
Lori Evans
Title
Treasurer
Phone
5159795408
Signed
2022-01-15
Discuss with paid preparer
Yes

Preparer

Firm
Bowser & Richman Llp CPA
Address
124 NORTH 9TH STREET, FORT DODGE, IA 50501-3911
Preparer
Jerry Richman CPA
Phone
5159558300
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses interest 13,992 insurance 1,072 mowing 655 repairs 1,420 snow removal 2,000 taxes 730 utilities 3,071 permits 28 supplies 1,492 water testing 8,037 office & meeting exp 284 donation 300 non-investment depreciation 37,700 total 70,781

Form 990-ez, Part II, Line 24

Equipment 0 563,570 less accumulated depreciation 0 359,043 equipment 0 15,460 less accumulated depreciation 0 129 total 0 219,858

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 893 71 grants payable 388,834 382,678

Form 990-ez, Part III

Lakewood utilities was designed to provide water services and road maintenance to the general public in the lakewood area of fort dodge, iowa.

Raw XML Appendix115 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/PersonNm0LORI EVANS
IRS990EZ/BooksInCareOfDetail/PhoneNum05155706635
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02243 146TH ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FORT DODGE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd050501
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0173173
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0184386
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-4049
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0730
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0415271
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0404244
IRS990EZ/GrossReceiptsAmt067462
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt049
IRS990EZ/LandAndBuildingsGrp/BOYAmt0242098
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt025544
IRS990EZ/NetAssetsOrFundBalancesEOYAmt021495
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt025544
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt021495
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LEONARD DARLING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TJ LYNN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SHAUNNA ABRAMS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LORI EVANS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CHARLIE WALKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JEFF WOOD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0219858
IRS990EZ/OtherExpensesTotalAmt070781
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0LAKEWOOD UTILITIES WAS DESIGNED TO PROVIDE WATER SERVICES AND ROAD MAINTENANCE TO THE GENERAL PUBLIC IN THE LAKEWOOD AREA OF FORT DODGE, IOWA.
IRS990EZ/ProgramServiceRevenueAmt067413
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0LAKEWOOD UTILITIES WAS DESIGNED TO PROVIDE WATER SERVICES AND ROAD MAINTENANCE TO THE GENERAL PUBLIC IN THE LAKEWOOD AREA OF FORT DODGE, IOWA.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0389727
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0382749
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt071511
IRS990EZ/TotalRevenueAmt067462
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationOtherDesc0UTLITIES
IRS990EZ/TypeOfOrganizationOtherInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES INTEREST 13,992 INSURANCE 1,072 MOWING 655 REPAIRS 1,420 SNOW REMOVAL 2,000 TAXES 730 UTILITIES 3,071 PERMITS 28 SUPPLIES 1,492 WATER TESTING 8,037 OFFICE & MEETING EXP 284 DONATION 300 NON-INVESTMENT DEPRECIATION 37,700 TOTAL 70,781
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EQUIPMENT 0 563,570 LESS ACCUMULATED DEPRECIATION 0 359,043 EQUIPMENT 0 15,460 LESS ACCUMULATED DEPRECIATION 0 129 TOTAL 0 219,858
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 893 71 GRANTS PAYABLE 388,834 382,678
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LAKEWOOD UTILITIES WAS DESIGNED TO PROVIDE WATER SERVICES AND ROAD MAINTENANCE TO THE GENERAL PUBLIC IN THE LAKEWOOD AREA OF FORT DODGE, IOWA.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02023-03-07 01:45:13Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LORI EVANS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05159795408
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-01-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAKEWOOD UTILITIES
ReturnHeader/Filer/BusinessNameControlTxt0LAKE
ReturnHeader/Filer/EIN0420920429
ReturnHeader/Filer/PhoneNum05155706635
ReturnHeader/Filer/USAddress/AddressLine1Txt02243 146TH ST
ReturnHeader/Filer/USAddress/CityNm0FORT DODGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050501
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0824682302
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BOWSER & RICHMAN LLP CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0124 NORTH 9TH STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FORT DODGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0505013911
ReturnHeader/PreparerPersonGrp/PhoneNum05159558300
ReturnHeader/PreparerPersonGrp/PreparationDt02023-01-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JERRY RICHMAN CPA
ReturnHeader/ReturnTs02023-01-13T11:04:26-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0PATTY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0THILGES
ReturnHeader/TaxPeriodBeginDt02021-10-01
ReturnHeader/TaxPeriodEndDt02022-09-30
ReturnHeader/TaxYr02021

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.$4.05$4.43$0.38$0.67$0.92$0.24
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.50$3.63$0.13$0.68$0.95$0.27
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.90$3.76$0.13$0.68$0.76$0.08
2022Detailed filing. Detailed filing data is available for this year.$4.04$3.83$0.21$0.67$0.72$0.04
2021Detailed filing. Detailed filing data is available for this year.$4.15$3.90$0.26$0.68$0.72$0.04
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.25$3.96$0.29$0.68$0.70$0.02
2019Summary only. Only limited summary data is available for this year.$4.35$4.01$0.34$0.56$0.73$0.17
2018Summary only. Only limited summary data is available for this year.$4.59$4.07$0.52$0.49$0.71$0.22
2017Summary only. Only limited summary data is available for this year.$4.87$4.17$0.70$0.48$0.76$0.28
2016Summary only. Only limited summary data is available for this year.$5.19$4.21$0.98$0.49$0.88$0.39
2015Summary only. Only limited summary data is available for this year.$3.58$2.20$0.42$0.38$0.04
2014Summary only. Only limited summary data is available for this year.$1.34$0.00$0.32$0.62$0.29
2013Summary only. Only limited summary data is available for this year.$1.63$0.00$0.31$0.42$0.12
2012Summary only. Only limited summary data is available for this year.$1.75$0.00$0.30$0.24$0.06