Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
Preston Manor Inc
EIN 42-1051839 • 501(c)4 • Mechanicsville, IA
Profile
The mission of Preston Manor, Inc is to provide quality, low cost housing for handicapped, disabled or elderly persons in the community
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
1.02x
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
66th percentile
Higher net margin than 66% of similar nonprofits.
Top Officer Pay
91st percentile
Higher top officer pay than 91% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
43rd percentile
Faster asset growth than 43% of similar nonprofits.
Revenue Growth
46th percentile
Faster revenue growth than 46% of similar nonprofits.
Balance Sheet
Assets
Down$294,356
Down $45,948 (-14%) from 2023
Liabilities
Down$316,179
Down $29,867 (-8.6%) from 2023
Net Assets
Down-$21,823
Down $16,081 (-280%) from 2023
Revenue
Up$98,158
Up $4,104 (+4.4%) from 2023
Expenses
Up$120,354
Up $36,664 (+44%) from 2023
Net Income
Down-$22,196
Down $32,560 (-314%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $294,356
- Liabilities
- $316,179
- Net assets
- -$21,823
- Revenue
- $98,158
- Expenses
- $120,354
- Net income
- -$22,196
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Feb 17, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $98,158
Mission and Program Overview
Mission
The mission of Preston Manor, Inc is to provide quality, low cost housing for handicapped, disabled or elderly persons in the community
Provide quality, low cost housing for handicapped, disabled or elderly persons in the community
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PROVIDES QUALITY, LOW COST HOUSING FOR HANDICAPPED, DISABLED OR ELDERLY PERSONS IN THE COMMUNITY. THE ORGANIZATION ACHIEVED A 96% OCCUPANCY RATE IN THE CURRENT YEAR. | - | $120,354 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MARK KILBURG | President | - | $0 | - | - |
| KEN ANDERSON | Vice Preside | - | $0 | - | - |
| ROGER KILBURG | Secretary/Tr | - | $0 | - | - |
| HELEN BADRICK | Director | - | $0 | - | - |
| DENNIS DRISCOLL | Director | - | $0 | - | - |
| MARY BETH HEISTER | Director | - | $0 | - | - |
| JACQUE SCHIPPER | Director | - | $0 | - | - |
| CONIE BORMAN | Director | - | $0 | - | - |
| STEVE RITENOUR RESIGNED 2024 | President | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Preston Manor Inc
- EIN
- 42-1051839
- Address
- 205 E 1ST ST, MECHANICSVILLE, IA 52306
Signing Officer
- Name
- Mark Kilburg
- Title
- President
- Signed
- 2025-02-17
Preparer
- Firm
- Forge Financial & Management Consulting
- Address
- 1245 JORDAN CREEK PKWY STE 100, WEST DES MOINES, IA 50266-2343
- Preparer
- Ross Vanlaar CPA
- Phone
- 5156203050
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses advertising 1,007 interest 18,680 property/liability ins 11,842 non-investment depreciation 14,419 total 45,948”
Form 990-ez, Part I, Line 20
“Net asset adj 6,115 net asset adj 0”
Form 990-ez, Part II, Line 24
“Furnishings 18,796 18,796 less accumulated depreciation 18,796 18,796 total 0 0”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 0 948 security deposit liability 26,121 3,600 deferred income 0 0 mortgage and other notes payable 319,925 311,631”
Form 990-ez, Part III
“Provide quality, low cost housing for handicapped, disabled or elderly persons in the community”
Raw XML Appendix129 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | RIGHTWAY MANAGEMENT SERVICES |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5634326160 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 205 E FIRST ST |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MECHANICSVILLE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 52306 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 83642 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 78232 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -22196 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 5650 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 340304 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 294356 |
| IRS990EZ/GrossReceiptsAmt | 0 | 98158 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 107 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 256662 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 216124 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -5742 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -21823 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -5742 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -21823 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 68756 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 8 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | MARK KILBURG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | KEN ANDERSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | ROGER KILBURG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | HELEN BADRICK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | DENNIS DRISCOLL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | MARY BETH HEISTER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | JACQUE SCHIPPER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | CONIE BORMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 8 | STEVE RITENOUR RESIGNED 2024 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY/TR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 8 | PRESIDENT |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 6115 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 45948 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | PROVIDE QUALITY, LOW COST HOUSING FOR HANDICAPPED, DISABLED OR ELDERLY PERSONS IN THE COMMUNITY |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 98051 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROVIDES QUALITY, LOW COST HOUSING FOR HANDICAPPED, DISABLED OR ELDERLY PERSONS IN THE COMMUNITY. THE ORGANIZATION ACHIEVED A 96% OCCUPANCY RATE IN THE CURRENT YEAR. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 120354 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 346046 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 316179 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 120354 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 120354 |
| IRS990EZ/TotalRevenueAmt | 0 | 98158 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISING 1,007 INTEREST 18,680 PROPERTY/LIABILITY INS 11,842 NON-INVESTMENT DEPRECIATION 14,419 TOTAL 45,948 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | NET ASSET ADJ 6,115 NET ASSET ADJ 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | FURNISHINGS 18,796 18,796 LESS ACCUMULATED DEPRECIATION 18,796 18,796 TOTAL 0 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 948 SECURITY DEPOSIT LIABILITY 26,121 3,600 DEFERRED INCOME 0 0 MORTGAGE AND OTHER NOTES PAYABLE 319,925 311,631 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | PROVIDE QUALITY, LOW COST HOUSING FOR HANDICAPPED, DISABLED OR ELDERLY PERSONS IN THE COMMUNITY |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MARK KILBURG |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-02-17 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | PRESTON MANOR INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | PRES |
| ReturnHeader/Filer/EIN | 0 | 421051839 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 205 E 1ST ST |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MECHANICSVILLE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 52306 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 882802798 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | FORGE FINANCIAL & MANAGEMENT CONSULTING |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1245 JORDAN CREEK PKWY STE 100 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | WEST DES MOINES |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 502662343 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5156203050 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-02-19 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ROSS VANLAAR CPA |
| ReturnHeader/ReturnTs | 0 | 2025-02-19T14:29:54-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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