Civic Intelligence

Iowa Falls Housing Inc

EIN 42-1020558 • 501(c)4 • Algona, IA

Profile

To provide low rent housing in Iowa Falls, Iowa.

PO Box 476Algona, IA 50511
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

80th percentile

0.13x

Higher debt load relative to assets than 80% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

84th percentile

0.19x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2023

Net Margin

16th percentile

-36%

Higher net margin than 16% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2023

Top Officer Pay

91st percentile

$0

Higher top officer pay than 91% of similar nonprofits.

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

501(c)4 • <$500k nonprofits • Source year 2022

Asset Growth

25th percentile

-19%

Faster asset growth than 25% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

40th percentile

-5.8%

Faster revenue growth than 40% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets80th percentile

Assets

Down

$182,310

Down $13,075 (-6.7%) from 2023

Liabilities

Down

$23,786

Down $713 (-2.9%) from 2023

Net Assets

Down

$158,524

Down $12,362 (-7.2%) from 2023

Operations
Liabilities / Revenue84th percentileNet Margin16th percentile

Revenue

Up

$156,374

Up $28,801 (+23%) from 2023

Expenses

Down

$168,736

Down $4,167 (-2.4%) from 2023

Net Income

Up

-$12,362

Up $32,968 (+73%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth25th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2011: $203,344Liabilities 2011: $97,1522011Assets 2012: $222,879Liabilities 2012: $104,275Net Assets 2012: $118,6042012Assets 2013: $181,553Liabilities 2013: $91,4032013Assets 2014: $185,637Liabilities 2014: $75,9162014Assets 2015: $192,493Liabilities 2015: $61,4162015Assets 2016: $200,994Liabilities 2016: $46,8532016Assets 2017: $181,927Liabilities 2017: $34,6102017Assets 2018: $182,055Liabilities 2018: $26,4052018Assets 2019: $193,061Liabilities 2019: $23,1182019Assets 2020: $186,454Liabilities 2020: $24,134Net Assets 2020: $162,3202020Assets 2021: $243,245Liabilities 2021: $24,724Net Assets 2021: $218,5212021Assets 2022: $240,356Liabilities 2022: $24,140Net Assets 2022: $216,2162022Assets 2023: $195,385Liabilities 2023: $24,499Net Assets 2023: $170,8862023Assets 2024: $182,310Liabilities 2024: $23,786Net Assets 2024: $158,5242024

Highlighted filing

2024

Assets$182,310
Liabilities$23,786
Net Assets$158,524
Open 2024 Filing

Operations Trend

Revenue Growth40th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2011: $88,056Expenses 2011: $93,338Net Income 2011: -$5,2822011Revenue 2012: $105,968Expenses 2012: $93,556Net Income 2012: $12,4122012Revenue 2013: $112,917Expenses 2013: $83,666Net Income 2013: $29,2512013Revenue 2014: $114,123Expenses 2014: $94,552Net Income 2014: $19,5712014Revenue 2015: $117,910Expenses 2015: $96,554Net Income 2015: $21,3562015Revenue 2016: $116,479Expenses 2016: $93,415Net Income 2016: $23,0642016Revenue 2017: $117,799Expenses 2017: $124,623Net Income 2017: -$6,8242017Revenue 2018: $115,900Expenses 2018: $107,567Net Income 2018: $8,3332018Revenue 2019: $134,382Expenses 2019: $120,089Net Income 2019: $14,2932019Revenue 2020: $115,059Expenses 2020: $122,682Net Income 2020: -$7,6232020Revenue 2021: $177,859Expenses 2021: $121,658Net Income 2021: $56,2012021Revenue 2022: $135,395Expenses 2022: $137,700Net Income 2022: -$2,3052022Revenue 2023: $127,573Expenses 2023: $172,903Net Income 2023: -$45,3302023Revenue 2024: $156,374Expenses 2024: $168,736Net Income 2024: -$12,3622024

Highlighted filing

2024

Revenue$156,374
Expenses$168,736
Net Income-$12,362
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$182,310
Liabilities
$23,786
Net assets
$158,524
Revenue
$156,374
Expenses
$168,736
Net income
-$12,362
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.82$0.24$1.59$1.56$1.69$0.12
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.95$0.24$1.71$1.28$1.73$0.45
2022Detailed filing. Detailed filing data is available for this year.$2.40$0.24$2.16$1.35$1.38$0.02
2021Detailed filing. Detailed filing data is available for this year.$2.43$0.25$2.19$1.78$1.22$0.56
2020Detailed filing. Detailed filing data is available for this year.$1.86$0.24$1.62$1.15$1.23$0.08
2019Summary only. Only limited summary data is available for this year.$1.93$0.23$1.34$1.20$0.14
2018Summary only. Only limited summary data is available for this year.$1.82$0.26$1.16$1.08$0.08
2017Summary only. Only limited summary data is available for this year.$1.82$0.35$1.18$1.25$0.07
2016Summary only. Only limited summary data is available for this year.$2.01$0.47$1.16$0.93$0.23
2015Summary only. Only limited summary data is available for this year.$1.92$0.61$1.18$0.97$0.21
2014Summary only. Only limited summary data is available for this year.$1.86$0.76$1.14$0.95$0.20
2013Summary only. Only limited summary data is available for this year.$1.82$0.91$1.13$0.84$0.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.23$1.04$1.19$1.06$0.94$0.12
2011Summary only. Only limited summary data is available for this year.$2.03$0.97$0.88$0.93$0.05
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 19, 2023
Return Version
2022v5.0
Gross Receipts
$135,395
Mission and Program Overview

Mission

To provide low rent housing in Iowa Falls, Iowa.

Program Services

DescriptionGrantsExpenses
To provide low rent housing for the elderly, disabled, and families. Rent is based on 30% of the applicant's yearly income with the remainder subsidized by USDA/Rural Development. This organization made it possible for 23 families to find safe and affordable housing in Iowa Falls.$0$137,700
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Scott BahrPresident-$0--
Tim SmithVice President-$0--
Jane McClellanSecretary/Treasurer-$0--
Filing and Contact Details

Filer

Filer Name
Iowa Falls Housing Inc
EIN
42-1020558
Phone
5152952927
Address
PO Box 476, Algona, IA 50511

Signing Officer

Name
Scott Bahr
Title
Board President
Phone
6413734019
Signed
2023-06-19
Discuss with paid preparer
Yes

Preparer

Firm
Murphy Enterprises Inc
Address
Murphy Enterprises Inc, Algona, IA 50511
Preparer
William Murphy
Phone
5152952927
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

“Laundry $2127, Tenant Charges $75, and Insurance Claim $17391”

Form 990-EZ, Part I, Line 16

“Depreciation $24076 and Interest $894”

Form 990-EZ, Part II, Line 26

“Mortgage Balance $15972 and Security Deposits $8168”

Raw XML Appendix136 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Murphy Realty & Management Inc
IRS990EZ/BooksInCareOfDetail/PhoneNum05152952927
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0208 East State Street
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Algona
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd050511
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0112260
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt046224
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-2305
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt015210
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0243245
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0240356
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0135395
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt059
IRS990EZ/LandAndBuildingsGrp/BOYAmt0130985
IRS990EZ/LandAndBuildingsGrp/EOYAmt0194132
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0218521
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0216216
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0218521
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0216216
IRS990EZ/OccupancyRentUtltsAndMaintAmt097520
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Scott Bahr
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Tim Smith
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Jane McClellan
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary/Treasurer
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt024970
IRS990EZ/OtherRevenueTotalAmt019593
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To provide low rent housing in Iowa Falls, Iowa.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt0115743
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To provide low rent housing for the elderly, disabled, and families. Rent is based on 30% of the applicant's yearly income with the remainder subsidized by USDA/Rural Development. This organization made it possible for 23 families to find safe and affordable housing in Iowa Falls.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0137700
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt024724
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt024140
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0137700
IRS990EZ/TotalProgramServiceExpensesAmt0137700
IRS990EZ/TotalRevenueAmt0135395
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Laundry $2127, Tenant Charges $75, and Insurance Claim $17391
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation $24076 and Interest $894
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Mortgage Balance $15972 and Security Deposits $8168
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Scott Bahr
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Board President
ReturnHeader/BusinessOfficerGrp/PhoneNum06413734019
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-06-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IOWA FALLS HOUSING INC
ReturnHeader/Filer/BusinessNameControlTxt0IOWA
ReturnHeader/Filer/EIN0421020558
ReturnHeader/Filer/PhoneNum05152952927
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 476
ReturnHeader/Filer/USAddress/CityNm0Algona
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050511
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0270007462
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Murphy Enterprises Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0Murphy Enterprises Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Algona
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050511
ReturnHeader/PreparerPersonGrp/PhoneNum05152952927
ReturnHeader/PreparerPersonGrp/PreparationDt02023-06-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0William Murphy
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-06-19T17:08:09-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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