Civic Intelligence

Franklin County Development Association

990 • Fiscal year 2023 • EIN 42-1177043

Jul 01, 2022 to Jun 30, 2023 • Filed on Oct 30, 2023

Organization ProfileN/A
5 1st St SWHampton, IA 50441

(641) 456-5668

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.01x

Higher debt load relative to assets than 22% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

35th percentile

0.09x

Higher debt load relative to revenue than 35% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Net Margin

72nd percentile

13%

Higher net margin than 72% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

27th percentile

$0

Higher top officer pay than 27% of similar nonprofits.

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

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Asset Growth

3rd percentile

-33%

Faster asset growth than 3% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

83rd percentile

29%

Faster revenue growth than 83% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets22nd percentile

Assets

Down

$1,173,696

Down $577,465 (-33%) from 2022

Net Assets

Up

$1,159,316

Up $20,800 (+1.8%) from 2022

Liabilities

Down

$14,380

Down $598,265 (-98%) from 2022

Revenue And Expenses
Liabilities / Revenue35th percentileNet Margin72nd percentile

Revenue

Up

$165,437

Up $37,048 (+29%) from 2022

Expenses

Up

$144,637

Up $1,123 (+0.8%) from 2022

Net Income

Up

$20,800

Up $35,925 (+238%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2012: $1,357,238Liabilities 2012: $253,103Net Assets 2012: $1,104,1352012Assets 2013: $1,465,686Liabilities 2013: $197,698Net Assets 2013: $1,267,9882013Assets 2014: $1,773,787Liabilities 2014: $607,776Net Assets 2014: $1,166,0112014Assets 2015: $1,791,875Liabilities 2015: $612,320Net Assets 2015: $1,179,5552015Assets 2016: $1,777,099Liabilities 2016: $612,390Net Assets 2016: $1,164,7092016Assets 2017: $1,758,318Liabilities 2017: $612,359Net Assets 2017: $1,145,9592017Assets 2018: $1,784,030Liabilities 2018: $612,017Net Assets 2018: $1,172,0132018Assets 2019: $1,758,034Liabilities 2019: $611,525Net Assets 2019: $1,146,5092019Assets 2020: $1,766,875Liabilities 2020: $625,070Net Assets 2020: $1,141,8052020Assets 2021: $1,766,760Liabilities 2021: $613,118Net Assets 2021: $1,153,6422021Assets 2022: $1,751,161Liabilities 2022: $612,645Net Assets 2022: $1,138,5162022Assets 2023: $1,173,696Liabilities 2023: $14,380Net Assets 2023: $1,159,3162023Assets 2024: $1,172,298Liabilities 2024: $25,062Net Assets 2024: $1,147,2362024Assets 2025: $1,079,271Liabilities 2025: $20,864Net Assets 2025: $1,058,4072025

Highlighted filing

2023

Assets$1,173,696
Liabilities$14,380
Net Assets$1,159,316
Open 2023 Filing

Operations Trend

Revenue Growth83rd percentile

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

$400K$200K$0-$200K-$400KRevenue 2012: -$41,226Expenses 2012: $234,288Net Income 2012: -$275,5142012Revenue 2013: $381,104Expenses 2013: $217,251Net Income 2013: $163,8532013Revenue 2014: $177,222Expenses 2014: $279,198Net Income 2014: -$101,9762014Revenue 2015: $156,706Expenses 2015: $143,162Net Income 2015: $13,5442015Revenue 2016: $136,153Expenses 2016: $151,001Net Income 2016: -$14,8482016Revenue 2017: $136,714Expenses 2017: $155,464Net Income 2017: -$18,7502017Revenue 2018: $144,350Expenses 2018: $118,296Net Income 2018: $26,0542018Revenue 2019: $79,685Expenses 2019: $105,189Net Income 2019: -$25,5042019Revenue 2020: $114,658Expenses 2020: $111,962Net Income 2020: $2,6962020Revenue 2021: $101,067Expenses 2021: $89,230Net Income 2021: $11,8372021Revenue 2022: $128,389Expenses 2022: $143,514Net Income 2022: -$15,1252022Revenue 2023: $165,437Expenses 2023: $144,637Net Income 2023: $20,8002023Revenue 2024: $151,553Expenses 2024: $163,633Net Income 2024: -$12,0802024Revenue 2025: $169,032Expenses 2025: $259,785Net Income 2025: -$90,7532025

Highlighted filing

2023

Revenue$165,437
Expenses$144,637
Net Income$20,800
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Oct 30, 2023
Return Version
2022v5.0
Gross Receipts
$873,541
Mission and Program Overview

Mission

The association's mission is to attract business and industry to franklin county, iowa.

The association's goal is to attract business and industry to franklin, county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,138,516$1,159,316▲ $20,800
Savings and Temporary Cash Investments$327,506$505,637▲ $178,131
Cash and Non-Interest-Bearing Accounts$620,096$480,223▼ $139,873
Pledges and Grants Receivable-$100,000-
Land, Buildings, and Equipment, Net$753,133$44,810▼ $708,323
Other Notes and Loans Receivable, Net$50,426$43,026▼ $7,400
Total Assets$1,751,161$1,173,696▼ $577,465
Liabilities
Unsecured Notes Loans Payable$609,999--
Accounts Payable and Accrued Expenses$2,646$14,380▲ $11,734
Total Liabilities$612,645$14,380▼ $598,265
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,138,516$1,159,316▲ $20,800
Total Liabilities and Net Assets / Fund Balance$1,751,161$1,173,696▼ $577,465

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$44,810--
Compensation and Service Providers
Top Officer Pay27th percentile

Board Members and Trustees

NameTitle
Brian BureshPresident
Board Members Per AttachedDirector
Todd LettowTreasurer
Kevin WestabyVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$127,650
Program Service Revenue
$0
Investment Income
$38,715
Other Revenue
$-928
All Other Contributions
$19,350
Change in Net Assets
$20,800
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$118,513
Other Expenses$26,124
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$85,000
Payroll Taxes---$21,278
Other Employee Benefits---$9,685
Occupancy---$6,552
Fees for Services Other---$4,200
Fees for Services Accounting---$3,255
Office Expenses---$3,079
Pension Plan Contributions---$2,550
Travel---$1,383
Conferences and Meetings---$1,288
Fees for Services Legal---$1,081
Information Technology---$769
Other Expenses---$500
All Other Expenses---$358
Advertising---$278
Insurance---$-1,862
Total Functional Expenses$0$0$0$144,637
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
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
Yes
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 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 18

“The organization's governing documents, conflict of interest statements, and financial information is available for review by request from any officer, director, or member during normal business hours.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Franklin County Development Assn
EIN
42-1177043
Phone
6414565668
Address
5 1ST ST SW, HAMPTON, IA 50441

Signing Officer

Name
Brian Buresh
Title
President
Phone
6414565668
Signed
2023-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Buresh
Formed
1981
Legal Domicile
Ia
Voting Board Members
200
Independent Board Members
200
Employees
1

Preparer

Firm
Chad Harrison CPA Pllc
Address
4700 4TH ST SW STE A, MASON CITY, IA 50401
Preparer
Chad Harrison CPA
Phone
6412437400
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Attract business and industry to locate in franklin county, iowa.”

Raw XML Appendix299 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt02646
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt014380
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE ASSOCIATION'S GOAL IS TO ATTRACT BUSINESS AND INDUSTRY TO FRANKLIN, COUNTY.
IRS990/AdvertisingGrp/TotalAmt0278
IRS990/AllOtherContributionsAmt019350
IRS990/AllOtherExpensesGrp/TotalAmt0358
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0MARY AMSBAUGH
IRS990/BooksInCareOfDetail/PhoneNum06414565668
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05 - 1ST ST SW
IRS990/BooksInCareOfDetail/USAddress/CityNm0HAMPTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd050441
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0620096
IRS990/CashNonInterestBearingGrp/EOYAmt0480223
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt01288
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractTerminationInd0X
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0127650
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt038715
IRS990/CYOtherExpensesAmt026124
IRS990/CYOtherRevenueAmt0-928
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt020800
IRS990/CYSalariesCompEmpBnftPaidAmt0118513
IRS990/CYTotalExpensesAmt0144637
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0165437
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0ATTRACT BUSINESS AND INDUSTRY TO LOCATE IN FRANKLIN COUNTY, IA
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt03255
IRS990/FeesForServicesLegalGrp/TotalAmt01081
IRS990/FeesForServicesOtherGrp/TotalAmt04200
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0BOARD MEMBERS PER ATTACHED
IRS990/Form990PartVIISectionAGrp/PersonNm1BRIAN BURESH
IRS990/Form990PartVIISectionAGrp/PersonNm2TODD LETTOW
IRS990/Form990PartVIISectionAGrp/PersonNm3KEVIN WESTABY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDE
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01981
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt031829
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt0200
IRS990/GovernmentGrantsAmt090000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0739000
IRS990/GrossReceiptsAmt0873541
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt0200
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0769
IRS990/InsuranceGrp/TotalAmt0-1862
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt06886
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06886
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0753133
IRS990/LandBldgEquipBasisNetGrp/EOYAmt044810
IRS990/LandBldgEquipCostOrOtherBssAmt044810
IRS990/LegalDomicileStateCd0IA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0707171
IRS990/LessRentalExpensesGrp/RealAmt0933
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt018300
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE ASSOCIATION'S MISSION IS TO ATTRACT BUSINESS AND INDUSTRY TO FRANKLIN COUNTY, IOWA.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01138516
IRS990/NetAssetsOrFundBalancesEOYAmt01159316
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt031829
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt031829
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-933
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0-933
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt06552
IRS990/OfficeExpensesGrp/TotalAmt03079
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/TotalAmt09685
IRS990/OtherExpensesGrp/Desc0EDUCATION EXPENSES
IRS990/OtherExpensesGrp/Desc1DUES & SUBSRIPTIONS
IRS990/OtherExpensesGrp/Desc2BOARD MEETING EXPENSES
IRS990/OtherExpensesGrp/Desc3CONTRIBUTIOPNS
IRS990/OtherExpensesGrp/TotalAmt03568
IRS990/OtherExpensesGrp/TotalAmt11099
IRS990/OtherExpensesGrp/TotalAmt2576
IRS990/OtherExpensesGrp/TotalAmt3500
IRS990/OtherInd0X
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt05
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05
IRS990/OtherRevenueTotalAmt05
IRS990/OtherSalariesAndWagesGrp/TotalAmt085000
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt050426
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt043026
IRS990/PartialLiquidationInd0true
IRS990/PayrollTaxesGrp/TotalAmt021278
IRS990/PensionPlanContributionsGrp/TotalAmt02550
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0100000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0BRIAN BURESH
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActyOtherGrp/Desc0ATTRACT BUSINESS AND INDUSTRY TO LOCATE IN FRANKLIN COUNTY, IOWA.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0115800
IRS990/PYInvestmentIncomeAmt03066
IRS990/PYOtherExpensesAmt044125
IRS990/PYOtherRevenueAmt09523
IRS990/PYRevenuesLessExpensesAmt0-15125
IRS990/PYSalariesCompEmpBnftPaidAmt099389
IRS990/PYTotalExpensesAmt0143514
IRS990/PYTotalRevenueAmt0128389
IRS990/ReconcilationRevenueExpnssAmt020800
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-933
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01138516
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01159316
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0327506
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0505637
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt044810
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt044810
IRS990ScheduleD/TotalBookValueLandBuildingsAmt044810
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleN/DirectorOfSuccessor2Ind0false
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc01235 IMPERIAL DRIVE
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02022-08-05
IRS990ScheduleN/DispositionOfAssetsDetail/EIN0421177043
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt0739000
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt0990
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0MARKET
IRS990ScheduleN/DispositionOfAssetsDetail/PersonNm0FRANKLIN COUNTY DEVELOPMENT
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt05 1ST ST SW
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm0HAMPTON
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd0IA
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd050441
IRS990ScheduleN/EmployeeOfSuccessor2Ind0false
IRS990ScheduleN/OwnerOfSuccessor2Ind0false
IRS990ScheduleN/ReceiveCompensation2Ind0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ATTRACT BUSINESS AND INDUSTRY TO LOCATE IN FRANKLIN COUNTY, IOWA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST STATEMENTS, AND FINANCIAL INFORMATION IS AVAILABLE FOR REVIEW BY REQUEST FROM ANY OFFICER, DIRECTOR, OR MEMBER DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01751161
IRS990/TotalAssetsEOYAmt01173696
IRS990/TotalAssetsGrp/BOYAmt01751161
IRS990/TotalAssetsGrp/EOYAmt01173696
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0127650
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0144637
IRS990/TotalGrossUBIAmt0-933
IRS990/TotalLiabilitiesBOYAmt0612645
IRS990/TotalLiabilitiesEOYAmt014380
IRS990/TotalLiabilitiesGrp/BOYAmt0612645
IRS990/TotalLiabilitiesGrp/EOYAmt014380
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01138516
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01159316
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt038720
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0165437
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0-933
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01751161
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01173696
IRS990/TravelGrp/TotalAmt01383
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0609999
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05 1S ST SW
IRS990/USAddress/CityNm0HAMPTON
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd050441
IRS990/VotingMembersGoverningBodyCnt0200
IRS990/VotingMembersIndependentCnt0200
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BRIAN BURESH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06414565668
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRANKLIN COUNTY DEVELOPMENT ASSN
ReturnHeader/Filer/BusinessNameControlTxt0FRAN
ReturnHeader/Filer/EIN0421177043
ReturnHeader/Filer/PhoneNum06414565668
ReturnHeader/Filer/USAddress/AddressLine1Txt05 1ST ST SW
ReturnHeader/Filer/USAddress/CityNm0HAMPTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050441
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0814618897
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHAD HARRISON CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04700 4TH ST SW STE A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MASON CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050401
ReturnHeader/PreparerPersonGrp/PhoneNum06412437400
ReturnHeader/PreparerPersonGrp/PreparationDt02023-10-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHAD HARRISON CPA
ReturnHeader/ReturnTs02023-12-21T13:56:25-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BRIAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BURESH
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$1,173,696
Liabilities
$14,380
Net assets
$1,159,316
Revenue
$165,437
Expenses
$144,637
Net income
$20,800
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.08$0.02$1.06$0.17$0.26$0.09
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.17$0.03$1.15$0.15$0.16$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.17$0.01$1.16$0.17$0.14$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.75$0.61$1.14$0.13$0.14$0.02
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.77$0.61$1.15$0.10$0.09$0.01
2020Summary only. Only limited summary data is available for this year.$1.77$0.63$1.14$0.11$0.11$0.00
2019Summary only. Only limited summary data is available for this year.$1.76$0.61$1.15$0.08$0.11$0.03
2018Summary only. Only limited summary data is available for this year.$1.78$0.61$1.17$0.14$0.12$0.03
2017Summary only. Only limited summary data is available for this year.$1.76$0.61$1.15$0.14$0.16$0.02
2016Summary only. Only limited summary data is available for this year.$1.78$0.61$1.16$0.14$0.15$0.01
2015Summary only. Only limited summary data is available for this year.$1.79$0.61$1.18$0.16$0.14$0.01
2014Summary only. Only limited summary data is available for this year.$1.77$0.61$1.17$0.18$0.28$0.10
2013Summary only. Only limited summary data is available for this year.$1.47$0.20$1.27$0.38$0.22$0.16
2012Summary only. Only limited summary data is available for this year.$1.36$0.25$1.10$0.04$0.23$0.28