Civic Intelligence

Clear Lake Development Foundation

990EZ • Fiscal year 2023 • EIN 42-1082749

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 01, 2024

Organization ProfileN/A
205 Main AveClear Lake, IA 50428

(641) 357-2159

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

1st percentile

-1100%

Higher net margin than 1% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

42nd percentile

-2.5%

Faster asset growth than 42% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

96th percentile

257%

Faster revenue growth than 96% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Flat

$10,582

Flat from 2023

Net Assets

$10,582

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin1st percentile

Revenue

Flat

$25

Flat from 2023

Expenses

Flat

$300

Flat from 2023

Net Income

Flat

-$275

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth42nd percentile

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

$600K$400K$200K$0Assets 2010: $16,642Liabilities 2010: $0Net Assets 2010: $16,6422010Assets 2011: $18,152Liabilities 2011: $0Net Assets 2011: $18,1522011Assets 2012: $8,353Liabilities 2012: $0Net Assets 2012: $8,3532012Assets 2013: $58,366Liabilities 2013: $0Net Assets 2013: $58,3662013Assets 2014: $91,493Liabilities 2014: $0Net Assets 2014: $91,4932014Assets 2015: $73,077Liabilities 2015: $0Net Assets 2015: $73,0772015Assets 2016: $53,136Liabilities 2016: $0Net Assets 2016: $53,1362016Assets 2017: $17,217Liabilities 2017: $0Net Assets 2017: $17,2172017Assets 2018: $11,231Liabilities 2018: $0Net Assets 2018: $11,2312018Assets 2019: $11,244Liabilities 2019: $0Net Assets 2019: $11,2442019Assets 2020: $11,245Net Assets 2020: $11,2452020Assets 2021: $11,250Net Assets 2021: $11,2502021Assets 2022: $10,857Net Assets 2022: $10,8572022Assets 2023: $10,582Net Assets 2023: $10,5822023Assets 2023: $10,582Liabilities 2023: $02023Assets 2024: $592,733Liabilities 2024: $0Net Assets 2024: $592,7332024

Highlighted filing

2023

Assets$10,582
Liabilities-
Net Assets$10,582
Open 2023 Filing

Operations Trend

Revenue Growth96th percentile

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

$600K$400K$200K$0-$200KRevenue 2010: $4,911Expenses 2010: $4,900Net Income 2010: $112010Revenue 2011: $1,510Expenses 2011: $0Net Income 2011: $1,5102011Revenue 2012: $3Expenses 2012: $9,802Net Income 2012: -$9,7992012Revenue 2013: $59,813Expenses 2013: $9,800Net Income 2013: $50,0132013Revenue 2014: $77,127Expenses 2014: $44,000Net Income 2014: $33,1272014Revenue 2015: $1,584Expenses 2015: $20,000Net Income 2015: -$18,4162015Revenue 2016: $59Expenses 2016: $20,000Net Income 2016: -$19,9412016Revenue 2017: $2,554Expenses 2017: $38,473Net Income 2017: -$35,9192017Revenue 2018: $5,013Expenses 2018: $11,000Net Income 2018: -$5,9872018Revenue 2019: $3,013Expenses 2019: $3,000Net Income 2019: $132019Revenue 2020: $102020Revenue 2021: $52021Revenue 2022: $7Expenses 2022: $400Net Income 2022: -$3932022Revenue 2023: $25Expenses 2023: $300Net Income 2023: -$2752023Revenue 2023: $25Expenses 2023: $300Net Income 2023: -$2752023Revenue 2024: $582,892Expenses 2024: $741Net Income 2024: $582,1512024

Highlighted filing

2023

Revenue$25
Expenses$300
Net Income-$275
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 1, 2024
Return Version
2023v5.1
Gross Receipts
$25
Mission and Program Overview

Mission

To further the development of Clear Lake, IA and the surrounding area for its citizens.

Program Services

DescriptionGrantsExpenses
To further the development of Clear Lake, IA and the surrounding area for its citizens.-$300
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KENT THOEPresident-$0--
SARAH NIELSENVice President-$0--
KRYSTAL THOESecretary-$0--
MARK DODDTreasurer-$0--
CARRIE TYSDAHLDirector-$0--
ROBERT BARBERDirector-$0--
NATALIE PLAGGEDirector-$0--
Filing and Contact Details

Filer

Filer Name
Clear Lake Development Foundation
EIN
42-1082749
Phone
6413572159
Address
205 MAIN AVE, CLEAR LAKE, IA 50428

Signing Officer

Name
Kent Thoe
Title
President
Signed
2024-08-01
Discuss with paid preparer
Yes

Preparer

Firm
Potter & Brant Plc
Address
31 PLAZA DRIVE, CLEAR LAKE, IA 50428
Preparer
Samuel D Burleson CPA
Phone
6413575291
Raw XML Appendix154 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KENT THOE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MARK DODD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CARRIE TYSDAHL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5ROBERT BARBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6NATALIE PLAGGE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To further the development of Clear Lake, IA and the surrounding area for its citizens.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To further the development of Clear Lake, IA and the surrounding area for its citizens.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0300
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0300
IRS990EZ/TotalProgramServiceExpensesAmt0300
IRS990EZ/TotalRevenueAmt025
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt03008
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt05
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IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt060
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt025
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt07
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt05
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt013
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt060
IRS990ScheduleA/InvestmentIncomeCYPct00.01960
IRS990ScheduleA/InvestmentIncomePYPct00.00590
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98040
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03068
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KENT THOE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-08-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CLEAR LAKE DEVELOPMENT FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0CLEA
ReturnHeader/Filer/EIN0421082749
ReturnHeader/Filer/PhoneNum06413572159
ReturnHeader/Filer/USAddress/AddressLine1Txt0205 MAIN AVE
ReturnHeader/Filer/USAddress/CityNm0CLEAR LAKE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050428
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0202032164
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0POTTER & BRANT PLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt031 PLAZA DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CLEAR LAKE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050428
ReturnHeader/PreparerPersonGrp/PhoneNum06413575291
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Samuel D Burleson CPA
ReturnHeader/ReturnTs02024-08-01T10:01:16-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,582
Liabilities
-
Net assets
$10,582
Revenue
$25
Expenses
$300
Net income
-$275
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.93$0.00$5.93$5.83$0.01$5.82
2023Detailed filing. Detailed filing data is available for this year.$0.11$0.11$0.00$0.00$0.00
2023Summary only. Only limited summary data is available for this year.$0.11$0.00$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.11$0.11$0.00$0.00$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.11$0.11$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.11$0.11$0.00
2019Summary only. Only limited summary data is available for this year.$0.11$0.00$0.11$0.03$0.03$0.00
2018Summary only. Only limited summary data is available for this year.$0.11$0.00$0.11$0.05$0.11$0.06
2017Summary only. Only limited summary data is available for this year.$0.17$0.00$0.17$0.03$0.38$0.36
2016Summary only. Only limited summary data is available for this year.$0.53$0.00$0.53$0.00$0.20$0.20
2015Summary only. Only limited summary data is available for this year.$0.73$0.00$0.73$0.02$0.20$0.18
2014Summary only. Only limited summary data is available for this year.$0.91$0.00$0.91$0.77$0.44$0.33
2013Summary only. Only limited summary data is available for this year.$0.58$0.00$0.58$0.60$0.10$0.50
2012Summary only. Only limited summary data is available for this year.$0.08$0.00$0.08$0.00$0.10$0.10
2011Summary only. Only limited summary data is available for this year.$0.18$0.00$0.18$0.02$0.00$0.02
2010Summary only. Only limited summary data is available for this year.$0.17$0.00$0.17$0.05$0.05$0.00