Civic Intelligence

Friendly Valley Apts Inc

990EZ • Fiscal year 2021 • EIN 42-1089709

Jan 01, 2021 to Dec 31, 2021 • Filed on Apr 29, 2022

Organization Profile
PO Box 476Algona, IA 50511

(515) 295-2927

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.57x

Higher debt load relative to assets than 92% of similar nonprofits.

2021 filings • 501(c)4 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

95th percentile

1.13x

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

2021 filings • 501(c)4 • <$500k nonprofits • Source year 2021

Net Margin

40th percentile

1.5%

Higher net margin than 40% of similar nonprofits.

2021 filings • 501(c)4 • <$500k nonprofits • Source year 2021

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

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

2021 filings • 501(c)4 • <$500k nonprofits • Source year 2021

Asset Growth

32nd percentile

-4.6%

Faster asset growth than 32% of similar nonprofits.

2021 filings • 501(c)4 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

36th percentile

-17%

Faster revenue growth than 36% of similar nonprofits.

2021 filings • 501(c)4 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Down

$90,610

Down $4,397 (-4.6%) from 2020

Net Assets

Up

$38,990

Up $663 (+1.7%) from 2020

Liabilities

Down

$51,620

Down $5,060 (-8.9%) from 2020

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin40th percentile

Revenue

Down

$45,587

Down $9,060 (-17%) from 2020

Expenses

Down

$44,924

Down $9,908 (-18%) from 2020

Net Income

Up

$663

Up $848 (+458%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth32nd percentile

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

$150K$100K$50K$0Assets 2011: $103,379Liabilities 2011: $79,8542011Assets 2012: $94,574Liabilities 2012: $78,6362012Assets 2013: $87,156Liabilities 2013: $76,4822013Assets 2014: $84,339Liabilities 2014: $73,8722014Assets 2015: $86,795Liabilities 2015: $72,4662015Assets 2016: $94,053Liabilities 2016: $69,2602016Assets 2017: $103,140Liabilities 2017: $66,4672017Assets 2018: $106,402Liabilities 2018: $63,2942018Assets 2019: $98,697Liabilities 2019: $60,1852019Assets 2020: $95,007Liabilities 2020: $56,680Net Assets 2020: $38,3272020Assets 2021: $90,610Liabilities 2021: $51,620Net Assets 2021: $38,9902021Assets 2022: $86,423Liabilities 2022: $49,022Net Assets 2022: $37,4012022Assets 2023: $80,618Liabilities 2023: $45,011Net Assets 2023: $35,6072023Assets 2024: $77,279Liabilities 2024: $40,306Net Assets 2024: $36,9732024

Highlighted filing

2021

Assets$90,610
Liabilities$51,620
Net Assets$38,990
Open 2021 Filing

Operations Trend

Revenue Growth36th percentile

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

$60K$40K$20K$0-$20KRevenue 2011: $41,403Expenses 2011: $34,845Net Income 2011: $6,5582011Revenue 2012: $29,078Expenses 2012: $36,665Net Income 2012: -$7,5872012Revenue 2013: $42,933Expenses 2013: $48,197Net Income 2013: -$5,2642013Revenue 2014: $45,349Expenses 2014: $45,556Net Income 2014: -$2072014Revenue 2015: $45,754Expenses 2015: $41,892Net Income 2015: $3,8622015Revenue 2016: $48,275Expenses 2016: $37,811Net Income 2016: $10,4642016Revenue 2017: $51,864Expenses 2017: $39,984Net Income 2017: $11,8802017Revenue 2018: $50,000Expenses 2018: $43,565Net Income 2018: $6,4352018Revenue 2019: $46,439Expenses 2019: $51,035Net Income 2019: -$4,5962019Revenue 2020: $54,647Expenses 2020: $54,832Net Income 2020: -$1852020Revenue 2021: $45,587Expenses 2021: $44,924Net Income 2021: $6632021Revenue 2022: $45,834Expenses 2022: $47,423Net Income 2022: -$1,5892022Revenue 2023: $50,376Expenses 2023: $52,170Net Income 2023: -$1,7942023Revenue 2024: $55,857Expenses 2024: $54,491Net Income 2024: $1,3662024

Highlighted filing

2021

Revenue$45,587
Expenses$44,924
Net Income$663
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 29, 2022
Return Version
2021v4.0
Gross Receipts
$45,587
Mission and Program Overview

Mission

To provide low rent housing in Steamboat Rock, Iowa.

Program Services

DescriptionGrantsExpenses
To provide low rent housing for the elderly, disabled, and families in the Steamboat Rock community.$0$44,924
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dave MullPresident-$0--
Jim Van EschenVice President-$0--
Ed Bear JrSecretary/Treasurer-$0--
Filing and Contact Details

Filer

Filer Name
Friendly Valley Apts Inc
EIN
42-1089709
Phone
5152952927
Address
PO Box 476, Algona, IA 50511

Signing Officer

Name
Dave Mull
Title
Board President
Phone
2146931928
Signed
2022-04-29
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 $457 and Tenant Charges $560”

Form 990-EZ, Part I, Line 16

“Depreciation $10402 and Interest $1995”

Form 990-EZ, Part II, Line 26

“Mortgage Balance $48221 and Security Deposits $3399”

Raw XML Appendix135 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/BOYAmt029067
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt033685
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0663
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt04595
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt095007
IRS990EZ/Form990TotalAssetsGrp/EOYAmt090610
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt045587
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt065940
IRS990EZ/LandAndBuildingsGrp/EOYAmt056925
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt038327
IRS990EZ/NetAssetsOrFundBalancesEOYAmt038990
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt038327
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt038990
IRS990EZ/OccupancyRentUtltsAndMaintAmt027932
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/PersonNm0Dave Mull
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Jim Van Eschen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Ed Bear Jr
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/OtherExpensesTotalAmt012397
IRS990EZ/OtherRevenueTotalAmt01017
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To provide low rent housing in Steamboat Rock, Iowa.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt044570
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To provide low rent housing for the elderly, disabled, and families in the Steamboat Rock community.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt044924
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt056680
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt051620
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt044924
IRS990EZ/TotalProgramServiceExpensesAmt044924
IRS990EZ/TotalRevenueAmt045587
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Laundry $457 and Tenant Charges $560
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation $10402 and Interest $1995
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Mortgage Balance $48221 and Security Deposits $3399
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/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Dave Mull
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Board President
ReturnHeader/BusinessOfficerGrp/PhoneNum02146931928
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-04-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRIENDLY VALLEY APTS INC
ReturnHeader/Filer/BusinessNameControlTxt0FRIE
ReturnHeader/Filer/EIN0421089709
ReturnHeader/Filer/PhoneNum05152952927
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 476
ReturnHeader/Filer/USAddress/CityNm0Algona
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050511
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/PreparationDt02022-04-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0William Murphy
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-04-29T11:24:34-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$90,610
Liabilities
$51,620
Net assets
$38,990
Revenue
$45,587
Expenses
$44,924
Net income
$663
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.77$0.40$0.37$0.56$0.54$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.81$0.45$0.36$0.50$0.52$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.86$0.49$0.37$0.46$0.47$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.91$0.52$0.39$0.46$0.45$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.95$0.57$0.38$0.55$0.55$0.00
2019Summary only. Only limited summary data is available for this year.$0.99$0.60$0.46$0.51$0.05
2018Summary only. Only limited summary data is available for this year.$1.06$0.63$0.50$0.44$0.06
2017Summary only. Only limited summary data is available for this year.$1.03$0.66$0.52$0.40$0.12
2016Summary only. Only limited summary data is available for this year.$0.94$0.69$0.48$0.38$0.10
2015Summary only. Only limited summary data is available for this year.$0.87$0.72$0.46$0.42$0.04
2014Summary only. Only limited summary data is available for this year.$0.84$0.74$0.45$0.46$0.00
2013Summary only. Only limited summary data is available for this year.$0.87$0.76$0.43$0.48$0.05
2012Summary only. Only limited summary data is available for this year.$0.95$0.79$0.29$0.37$0.08
2011Summary only. Only limited summary data is available for this year.$1.03$0.80$0.41$0.35$0.07