Civic Intelligence

New Life Estates Ltd

990EZ • Fiscal year 2020 • EIN 42-1135285

Jan 01, 2020 to Dec 31, 2020 • Filed on Jul 08, 2021

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

90th percentile

0.45x

Higher debt load relative to assets than 90% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

94th percentile

1.17x

Higher debt load relative to revenue than 94% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

Net Margin

25th percentile

-16%

Higher net margin than 25% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

Asset Growth

30th percentile

-8.6%

Faster asset growth than 30% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

56th percentile

-9.0%

Faster revenue growth than 56% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$142,691

Down $13,347 (-8.6%) from 2019

Net Assets

$78,669

No earlier filing loaded for comparison.

Liabilities

Down

$64,022

Down $4,422 (-6.5%) from 2019

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin25th percentile

Revenue

Down

$54,516

Down $5,372 (-9.0%) from 2019

Expenses

Up

$63,441

Up $2,616 (+4.3%) from 2019

Net Income

Down

-$8,925

Down $7,988 (-853%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth30th percentile

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

$200K$150K$100K$50K$0Assets 2011: $154,557Liabilities 2011: $111,6452011Assets 2012: $163,304Liabilities 2012: $106,9822012Assets 2013: $168,315Liabilities 2013: $101,8272013Assets 2014: $173,055Liabilities 2014: $97,2592014Assets 2015: $174,383Liabilities 2015: $91,2652015Assets 2016: $177,513Liabilities 2016: $85,0792016Assets 2017: $177,901Liabilities 2017: $79,8642017Assets 2018: $162,481Liabilities 2018: $73,9502018Assets 2019: $156,038Liabilities 2019: $68,4442019Assets 2020: $142,691Liabilities 2020: $64,022Net Assets 2020: $78,6692020Assets 2021: $133,807Liabilities 2021: $58,717Net Assets 2021: $75,0902021Assets 2022: $130,278Liabilities 2022: $54,007Net Assets 2022: $76,2712022Assets 2023: $124,139Liabilities 2023: $46,6492023Assets 2024: $123,940Liabilities 2024: $40,978Net Assets 2024: $82,9622024

Highlighted filing

2020

Assets$142,691
Liabilities$64,022
Net Assets$78,669
Open 2020 Filing

Operations Trend

Revenue Growth56th percentile

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

$100K$50K$0-$50KRevenue 2011: $43,430Expenses 2011: $47,338Net Income 2011: -$3,9082011Revenue 2012: $56,446Expenses 2012: $43,036Net Income 2012: $13,4102012Revenue 2013: $53,378Expenses 2013: $43,212Net Income 2013: $10,1662013Revenue 2014: $53,665Expenses 2014: $44,357Net Income 2014: $9,3082014Revenue 2015: $60,989Expenses 2015: $53,667Net Income 2015: $7,3222015Revenue 2016: $55,403Expenses 2016: $46,087Net Income 2016: $9,3162016Revenue 2017: $55,241Expenses 2017: $49,638Net Income 2017: $5,6032017Revenue 2018: $53,087Expenses 2018: $62,593Net Income 2018: -$9,5062018Revenue 2019: $59,888Expenses 2019: $60,825Net Income 2019: -$9372019Revenue 2020: $54,516Expenses 2020: $63,441Net Income 2020: -$8,9252020Revenue 2021: $57,836Expenses 2021: $61,415Net Income 2021: -$3,5792021Revenue 2022: $70,769Expenses 2022: $69,588Net Income 2022: $1,1812022Revenue 2023: $81,678Expenses 2023: $80,459Net Income 2023: $1,2192023Revenue 2024: $80,582Expenses 2024: $75,110Net Income 2024: $5,4722024

Highlighted filing

2020

Revenue$54,516
Expenses$63,441
Net Income-$8,925
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 8, 2021
Return Version
2020v4.0
Gross Receipts
$54,516
Mission and Program Overview

Mission

To provide low rent housing in Forest City, 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 12 families to find safe and affordable housing in Forest City.$0$63,441
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steve BakkePresident-$0--
Kathy RohlfsenVice President-$0--
Darin TheelSecretary/Treasurer-$0--
Beth BilyeuDirector-$0--
Scott WilsonDirector-$0--
Barb SmithDirector-$0--
Filing and Contact Details

Filer

Filer Name
New Life Estates Ltd
EIN
42-1135285
Phone
5152952927
Address
PO Box 476, Algona, IA 50511

Signing Officer

Name
Steve Bakke
Title
President
Phone
6415852530
Signed
2021-07-08
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 $1246 and Tenant Charges $154”

Form 990-EZ, Part I, Line 16

“Depreciation $12658, Interest $3494, and Utility Allowance $4”

Form 990-EZ, Part II, Line 26

“Mortgage Balance $58299, Security Deposits $4082, and Deferred Principal & Interest $1641”

Raw XML Appendix153 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/BOYAmt030363
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt024027
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-8925
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt06402
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0156038
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0142691
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt054516
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt05
IRS990EZ/LandAndBuildingsGrp/BOYAmt0125675
IRS990EZ/LandAndBuildingsGrp/EOYAmt0118664
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt087594
IRS990EZ/NetAssetsOrFundBalancesEOYAmt078669
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt087594
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt078669
IRS990EZ/OccupancyRentUtltsAndMaintAmt036345
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Steve Bakke
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Kathy Rohlfsen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Darin Theel
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Beth Bilyeu
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Scott Wilson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Barb Smith
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary/Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt016156
IRS990EZ/OtherRevenueTotalAmt01400
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To provide low rent housing in Forest City, Iowa.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt053111
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 12 families to find safe and affordable housing in Forest City.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt063441
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt04538
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt068444
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt064022
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt063441
IRS990EZ/TotalProgramServiceExpensesAmt063441
IRS990EZ/TotalRevenueAmt054516
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Laundry $1246 and Tenant Charges $154
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation $12658, Interest $3494, and Utility Allowance $4
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Mortgage Balance $58299, Security Deposits $4082, and Deferred Principal & Interest $1641
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/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Steve Bakke
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum06415852530
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-07-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEW LIFE ESTATES LTD
ReturnHeader/Filer/BusinessNameControlTxt0NEWL
ReturnHeader/Filer/EIN0421135285
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/PreparationDt02021-07-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0William Murphy
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-07-08T08:23:04-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$142,691
Liabilities
$64,022
Net assets
$78,669
Revenue
$54,516
Expenses
$63,441
Net income
-$8,925
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.24$0.41$0.83$0.81$0.75$0.05
2023Summary only. Only limited summary data is available for this year.$1.24$0.47$0.82$0.80$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.30$0.54$0.76$0.71$0.70$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.59$0.75$0.58$0.61$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.43$0.64$0.79$0.55$0.63$0.09
2019Summary only. Only limited summary data is available for this year.$1.56$0.68$0.60$0.61$0.01
2018Summary only. Only limited summary data is available for this year.$1.62$0.74$0.53$0.63$0.10
2017Summary only. Only limited summary data is available for this year.$1.78$0.80$0.55$0.50$0.06
2016Summary only. Only limited summary data is available for this year.$1.78$0.85$0.55$0.46$0.09
2015Summary only. Only limited summary data is available for this year.$1.74$0.91$0.61$0.54$0.07
2014Summary only. Only limited summary data is available for this year.$1.73$0.97$0.54$0.44$0.09
2013Summary only. Only limited summary data is available for this year.$1.68$1.02$0.53$0.43$0.10
2012Summary only. Only limited summary data is available for this year.$1.63$1.07$0.56$0.43$0.13
2011Summary only. Only limited summary data is available for this year.$1.55$1.12$0.43$0.47$0.04