Civic Intelligence

Cedar Falls Band Inc.

990 • Fiscal year 2017 • EIN 42-1075385

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 12, 2018

9716 University AvenueCedar Falls, IA 50613

(319) 277-3802

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

14th percentile

0.00x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

94th percentile

62%

Higher net margin than 94% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

36th percentile

$3,000

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

68th percentile

10%

Faster asset growth than 68% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

7th percentile

-35%

Faster revenue growth than 7% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,203,891

Up $111,145 (+10%) from 2016

Net Assets

Up

$1,203,891

Up $111,145 (+10%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$160,358

Down $86,667 (-35%) from 2016

Expenses

Down

$60,448

Down $15 (-0.0%) from 2016

Net Income

Down

$99,910

Down $86,652 (-46%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $797,204Liabilities 2011: $0Net Assets 2011: $797,2042011Assets 2012: $811,528Liabilities 2012: $0Net Assets 2012: $811,5282012Assets 2013: $837,925Liabilities 2013: $0Net Assets 2013: $837,9252013Assets 2014: $865,932Liabilities 2014: $0Net Assets 2014: $865,9322014Assets 2015: $906,184Liabilities 2015: $0Net Assets 2015: $906,1842015Assets 2016: $1,092,746Liabilities 2016: $0Net Assets 2016: $1,092,7462016Assets 2017: $1,203,891Liabilities 2017: $0Net Assets 2017: $1,203,8912017Assets 2018: $1,266,955Liabilities 2018: $0Net Assets 2018: $1,266,9552018Assets 2019: $1,053,355Liabilities 2019: $0Net Assets 2019: $1,053,3552019Assets 2020: $1,121,927Liabilities 2020: $0Net Assets 2020: $1,121,9272020Assets 2021: $1,196,071Liabilities 2021: $0Net Assets 2021: $1,196,0712021Assets 2022: $1,262,180Liabilities 2022: $0Net Assets 2022: $1,262,1802022Assets 2023: $1,303,179Liabilities 2023: $0Net Assets 2023: $1,303,1792023Assets 2024: $1,333,905Liabilities 2024: $0Net Assets 2024: $1,333,9052024

Highlighted filing

2017

Assets$1,203,891
Liabilities$0
Net Assets$1,203,891

Operations Trend

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

$400K$200K$0-$200K-$400KExpenses 2011: $65,9902011Expenses 2012: $54,0302012Revenue 2013: $83,616Expenses 2013: $57,219Net Income 2013: $26,3972013Revenue 2014: $88,783Expenses 2014: $60,776Net Income 2014: $28,0072014Revenue 2015: $106,997Expenses 2015: $66,745Net Income 2015: $40,2522015Revenue 2016: $247,025Expenses 2016: $60,463Net Income 2016: $186,5622016Revenue 2017: $160,358Expenses 2017: $60,448Net Income 2017: $99,9102017Revenue 2018: $132,199Expenses 2018: $70,057Net Income 2018: $62,1422018Revenue 2019: -$140,514Expenses 2019: $73,087Net Income 2019: -$213,6012019Revenue 2020: $92,904Expenses 2020: $24,332Net Income 2020: $68,5722020Revenue 2021: $145,434Expenses 2021: $71,290Net Income 2021: $74,1442021Revenue 2022: $128,484Expenses 2022: $62,375Net Income 2022: $66,1092022Revenue 2023: $112,200Expenses 2023: $71,201Net Income 2023: $40,9992023Revenue 2024: $123,132Expenses 2024: $92,406Net Income 2024: $30,7262024

Highlighted filing

2017

Revenue$160,358
Expenses$60,448
Net Income$99,910
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 12, 2018
Return Version
2017v2.3
Gross Receipts
$1,085,725
Mission and Program Overview

Mission

To perform free band music programs for the citizens of the cedar valley.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$619,899$634,032▲ $14,133
Pd in Cap Srpls Land Bldg Eqp Fund$546,440$557,674▲ $11,234
Rtn Earn Endowment Incm Other Fnds$392,086$491,997▲ $99,911
Investments in Publicly Traded Securities$415,986$489,072▲ $73,086
Cap Stk Tr Prin Current Funds$154,220$154,220→ $0
Savings and Temporary Cash Investments$56,861$80,787▲ $23,926
Total Assets$1,092,746$1,203,891▲ $111,145
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,092,746$1,203,891▲ $111,145
Total Liabilities and Net Assets / Fund Balance$1,092,746$1,203,891▲ $111,145

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$630,289$19,817$650,106
Equipment$2,306$16,380$18,686
Leasehold Improvements$1,437$9,306$10,743
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dennis DownsConductor-$3,000$3,000
Eunice BeckerSecretaryPT$950$950
Barry DvorakVice Preside-$780$780
Donald RasmussonTreasurer-$650$650
Mark WeltyBldg. Truste-$495$495
Lary AndersonTrustee-$430$430
Judy LarkinPresident-$270$270
Revenue and Support

Revenue Composition

Contributions and Grants
$90,256
Program Service Revenue
$0
Investment Income
$61,950
Other Revenue
$8,152
All Other Contributions
$72,525
Change in Net Assets
$99,910
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$53,073
Salaries, Compensation, and Employee Benefits$7,375
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$8,724--$8,724
Insurance$7,305--$7,305
Current Officers, Directors, Trustees, and Key Employees$6,575--$6,575
Other Expenses$3,409--$3,409
Office Expenses$2,144--$2,144
Fees for Services Accounting$1,200--$1,200
Depreciation Depletion$926--$926
Advertising$849--$849
Other Salaries and Wages$800--$800
Total Functional Expenses$60,448$0$0$60,448
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 8A

NO.

Form 990, Page 6, Part VI, Line 8B

NO.

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

Management will review the 990 prior to filing.

Form 990, Page 6, Part VI, Line 19

The documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Cedar Falls Band Inc
EIN
42-1075385
Address
9716 UNIVERSITY AVENUE, CEDAR FALLS, IA 50613

Signing Officer

Name
Donald Rasmusson
Title
Treasurer
Signed
2018-06-12

Organization Details

Principal Officer
Donald Rasmusson
Formed
1916
Legal Domicile
Ia
Voting Board Members
7
Independent Board Members
6
Employees
0

Preparer

Firm
Carney Alexander Marold & Co Llp
Address
PO BOX 1290, WATERLOO, IA 50704-1290
Preparer
Michael a Meinders
Phone
3192333318
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Tech 2,745 0 0 instrument/music 1,659 0 0 pre-show/post-show 1,310 0 0 reimbursements - dd 1,024 0 0 telephone/internet 722 0 0 move risers 530 0 0 bank charges 483 0 0 solo expense 120 0 0 dues 100 0 0 taxes 31 0 0 total 8,724 0 0

Form 990, Part XI, Line 9

Comprehensive income 11,235

Raw XML Appendix367 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.

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IRS990ScheduleD/BuildingsGrp/DepreciationAmt019817
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0650106
IRS990ScheduleD/EquipmentGrp/BookValueAmt02306
IRS990ScheduleD/EquipmentGrp/DepreciationAmt016380
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt018686
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01437
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt09306
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt010743
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0634032
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MANAGEMENT WILL REVIEW THE 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TECH 2,745 0 0 INSTRUMENT/MUSIC 1,659 0 0 PRE-SHOW/POST-SHOW 1,310 0 0 REIMBURSEMENTS - DD 1,024 0 0 TELEPHONE/INTERNET 722 0 0 MOVE RISERS 530 0 0 BANK CHARGES 483 0 0 SOLO EXPENSE 120 0 0 DUES 100 0 0 TAXES 31 0 0 TOTAL 8,724 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPREHENSIVE INCOME 11,235
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01092746
IRS990/TotalAssetsEOYAmt01203891
IRS990/TotalAssetsGrp/BOYAmt01092746
IRS990/TotalAssetsGrp/EOYAmt01203891
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt090256
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt060448
IRS990/TotalFunctionalExpensesGrp/TotalAmt060448
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01092746
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01203891
IRS990/TotalProgramServiceExpensesAmt060448
IRS990/TotalReportableCompFromOrgAmt06575
IRS990/TotalRevenueGrp/ExclusionAmt032150
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt037952
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0160358
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01092746
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01203891
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01204 WASHINGTON ST
IRS990/USAddress/CityNm0CEDAR FALLS
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd050613
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.CEDARNET.ORG/CFBAND
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DONALD RASMUSSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-06-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CEDAR FALLS BAND INC
ReturnHeader/Filer/BusinessNameControlTxt0CEDA
ReturnHeader/Filer/EIN0421075385
ReturnHeader/Filer/USAddress/AddressLine1Txt09716 UNIVERSITY AVENUE
ReturnHeader/Filer/USAddress/CityNm0CEDAR FALLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050613
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0C5BC1C014F48E3A570428369623F9CCB5A16BC11
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0EB1A6DB1AD0C2AEE6EFA22B7B2560394EB6B1599
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0108.178.239.186
ReturnHeader/FilingSecurityInformation/IPDt02018-06-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm015:24:30
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0420728423
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CARNEY ALEXANDER MAROLD & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1290
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WATERLOO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0507041290
ReturnHeader/PreparerPersonGrp/PhoneNum03192333318
ReturnHeader/PreparerPersonGrp/PreparationDt02018-06-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL A MEINDERS
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-06-15T15:24:30-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$0.12$0.09$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.30$0.00$1.30$0.11$0.07$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.26$0.00$1.26$0.13$0.06$0.07
2021Detailed filing. Detailed filing data is available for this year.$1.20$0.00$1.20$0.15$0.07$0.07
2020Detailed filing. Detailed filing data is available for this year.$1.12$0.00$1.12$0.09$0.02$0.07
2019Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$0.14$0.07$0.21
2018Detailed filing. Detailed filing data is available for this year.$1.27$0.00$1.27$0.13$0.07$0.06
2017Detailed filing. Detailed filing data is available for this year.$1.20$0.00$1.20$0.16$0.06$0.10
2016Detailed filing. Detailed filing data is available for this year.$1.09$0.00$1.09$0.25$0.06$0.19
2015Detailed filing. Detailed filing data is available for this year.$0.91$0.00$0.91$0.11$0.07$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.87$0.09$0.06$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.84$0.00$0.84$0.08$0.06$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.00$0.81$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.00$0.80$0.07