Civic Intelligence

Investor Protection Inc

990 • Fiscal year 2017 • EIN 42-1190366

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 24, 2018

2610 Park AvenueMuscatine, IA 52761

(563) 264-8080

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 2017

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2017

Net Margin

100th percentile

509%

Higher net margin than 100% of similar nonprofits.

2017 filings • 501(c)4 • <$500k nonprofits • Source year 2017

Top Officer Pay

100th percentile

$321,265

Higher top officer pay than 100% of similar nonprofits.

2017 filings • 501(c)4 • <$500k nonprofits • Source year 2017

Asset Growth

1st percentile

-100%

Faster asset growth than 1% of similar nonprofits.

2017 filings • 501(c)4 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2016 to 2017

Assets

Down

$0

Down $675,053 (-100%) from 2016

Net Assets

Down

$0

Down $675,053 (-100%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

-$103,128

Up $766,679 (+88%) from 2016

Expenses

Down

$422,273

Down $650,840 (-61%) from 2016

Net Income

Up

-$525,401

Up $1,417,519 (+73%) from 2016

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $4,076,902Liabilities 2010: $0Net Assets 2010: $4,076,9022010Assets 2011: $3,996,332Liabilities 2011: $0Net Assets 2011: $3,996,3322011Assets 2012: $2,826,647Liabilities 2012: $0Net Assets 2012: $2,826,6472012Assets 2013: $3,007,625Liabilities 2013: $0Net Assets 2013: $3,007,6252013Assets 2014: $3,052,074Liabilities 2014: $0Net Assets 2014: $3,052,0742014Assets 2015: $1,627,561Liabilities 2015: $0Net Assets 2015: $1,627,5612015Assets 2016: $675,053Liabilities 2016: $0Net Assets 2016: $675,0532016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017

Highlighted filing

2017

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2010: $332,964Expenses 2010: $70,040Net Income 2010: $262,9242010Revenue 2011: -$65,550Expenses 2011: $15,020Net Income 2011: -$80,5702011Revenue 2012: $119,138Expenses 2012: $65,120Net Income 2012: $54,0182012Revenue 2013: $257,708Expenses 2013: $60,000Net Income 2013: $197,7082013Revenue 2014: -$308,587Expenses 2014: $110,037Net Income 2014: -$418,6242014Revenue 2015: $118,168Expenses 2015: $1,242,040Net Income 2015: -$1,123,8722015Revenue 2016: -$869,807Expenses 2016: $1,073,113Net Income 2016: -$1,942,9202016Revenue 2017: -$103,128Expenses 2017: $422,273Net Income 2017: -$525,4012017

Highlighted filing

2017

Revenue-$103,128
Expenses$422,273
Net Income-$525,401
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 24, 2018
Return Version
2017v2.3
Gross Receipts
$326,872
Mission and Program Overview

Mission

Our mission and primary exempt purpose is to promote social welfare by supporting our organization's specific objectives, which includes support for the traditional christian faith, beliefs, values, and moral standards; protection for other interests of investors, pro-taxpayer and pro-investors action; support and incentives for private savings, including personal retirement, investment, and health savings accounts; and responsible restraints on the size, growth, and powers of all governments.

Our mission and primary exempt purpose is to promote social welfare by supporting our organizations' specific objectives, which includes support for the traditional christian faith, beliefs, values, and moral standards.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$479,784--
Other Notes and Loans Receivable, Net$100,000--
Accounts Receivable$77,391--
Cash and Non-Interest-Bearing Accounts$17,878--
Total Assets$675,053$0▼ $675,053
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$675,053--
Total Net Assets Fund Balance$675,053$0▼ $675,053
Total Liabilities and Net Assets / Fund Balance$675,053$0▼ $675,053
Compensation and Service Providers

Employees

NameTitleOtherTotal
Robert H SoltPresident/tr$321,265$321,265

Board Members and Trustees

NameTitle
Robert H SoltPresident/treasurer
Christopher S IngstadVP
Richard R PhillipsVP/secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$-103,128
Other Revenue
$0
Change in Net Assets
$-525,401
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$419,857
Other Expenses$2,416
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$419,857--$419,857
Fees for Services Accounting-$2,416-$2,416
Total Functional Expenses$419,857$2,416$0$422,273
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Iowans for Tax ReliefMuscatine, IA501 C4Transfer Dissolution$115,506
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
Yes
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 8B

Organization doesn't have any other committee with authroity to act on behalf of the governing body other than the governing body.

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

Directors review financial statements and this review includes the form 990 and any related questions or comments.

Form 990, Page 6, Part VI, Line 12C

Our conflict of interest policy requires officers and directors (and employees, if applicable) to make an annual disclosure of conflicts of interest. An annual disclosure request is sent to them. Designated officers retain these disclosures and review them at least annually. When the board of directors considers a transaction or proposed transaction, each director who has or may have a conflict of interest is required to disclose it promptly to the board if not already disclosed. The other directors then determine whether that director has a conflict of interest. A direcotr who has a conflict of interest does not vote on any board action regarding that transaction. Officers, directors, and employees (if applicable) are required to report, in most cases, deliver to our organization, any gift of more than 25 value from a company doing or seeking business with organization.

Form 990, Page 6, Part VI, Line 19

Our governing documents, conflict of interest policy and financial statements, conflict of interest policy and financial statements are not generally available to the public. We may make them avaiilable in specific situation when we believe this is consistent with our mission and in the best interest of our members.

Filing and Contact Details

Filer

Filer Name
Investor Protection Inc
EIN
42-1190366
Phone
5632648080
Address
2610 PARK AVENUE, MUSCATINE, IA 52761

Signing Officer

Name
Robert H Solt
Title
President/treasurer
Phone
5632883600
Signed
2018-04-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert H Solt
Formed
1982
Legal Domicile
Ia
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
3

Preparer

Firm
Td&t Cpas and Advisors Pc
Address
317 HIGH AVE E, OSKALOOSA, IA 52577-2823
Preparer
Darcee M Ayers CPA
Phone
6416722523
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Our mission and primary exempt purpose is to promote social welfare by supporting our organization's specific objectives, which includes support for the traditional christian faith, beliefs, values, and moral standards; protection for other interests of investors, pro-taxpayer and pro-investors action; support and incentives for private savings, including personal retirement, investment, and health savings accounts; and responsible restraints on the size, growth, and powers of all governments.

Form 990, Part XI, Line 9

Prior period adjustment 132

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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0WE REQUEST, RECEIVE, AND REVIEW VARIOUS REPORTS, FINANCIAL STATEMENTS, AND OTHER PUBLICATIONS FROM GRANTEES AND PROPOSED GRANTEES, USUALLY INCLUDING THEIR FORM 990. WE CHECK ON THEIR TAX-EXEMPT AND TAX-EXEMPT CLASSIFICATION.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OUR MISSION AND PRIMARY EXEMPT PURPOSE IS TO PROMOTE SOCIAL WELFARE BY SUPPORTING OUR ORGANIZATION'S SPECIFIC OBJECTIVES, WHICH INCLUDES SUPPORT FOR THE TRADITIONAL CHRISTIAN FAITH, BELIEFS, VALUES, AND MORAL STANDARDS; PROTECTION FOR OTHER INTERESTS OF INVESTORS, PRO-TAXPAYER AND PRO-INVESTORS ACTION; SUPPORT AND INCENTIVES FOR PRIVATE SAVINGS, INCLUDING PERSONAL RETIREMENT, INVESTMENT, AND HEALTH SAVINGS ACCOUNTS; AND RESPONSIBLE RESTRAINTS ON THE SIZE, GROWTH, AND POWERS OF ALL GOVERNMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION DOESN'T HAVE ANY OTHER COMMITTEE WITH AUTHROITY TO ACT ON BEHALF OF THE GOVERNING BODY OTHER THAN THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DIRECTORS REVIEW FINANCIAL STATEMENTS AND THIS REVIEW INCLUDES THE FORM 990 AND ANY RELATED QUESTIONS OR COMMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OUR CONFLICT OF INTEREST POLICY REQUIRES OFFICERS AND DIRECTORS (AND EMPLOYEES, IF APPLICABLE) TO MAKE AN ANNUAL DISCLOSURE OF CONFLICTS OF INTEREST. AN ANNUAL DISCLOSURE REQUEST IS SENT TO THEM. DESIGNATED OFFICERS RETAIN THESE DISCLOSURES AND REVIEW THEM AT LEAST ANNUALLY. WHEN THE BOARD OF DIRECTORS CONSIDERS A TRANSACTION OR PROPOSED TRANSACTION, EACH DIRECTOR WHO HAS OR MAY HAVE A CONFLICT OF INTEREST IS REQUIRED TO DISCLOSE IT PROMPTLY TO THE BOARD IF NOT ALREADY DISCLOSED. THE OTHER DIRECTORS THEN DETERMINE WHETHER THAT DIRECTOR HAS A CONFLICT OF INTEREST. A DIRECOTR WHO HAS A CONFLICT OF INTEREST DOES NOT VOTE ON ANY BOARD ACTION REGARDING THAT TRANSACTION. OFFICERS, DIRECTORS, AND EMPLOYEES (IF APPLICABLE) ARE REQUIRED TO REPORT, IN MOST CASES, DELIVER TO OUR ORGANIZATION, ANY GIFT OF MORE THAN 25 VALUE FROM A COMPANY DOING OR SEEKING BUSINESS WITH ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OUR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT GENERALLY AVAILABLE TO THE PUBLIC. WE MAY MAKE THEM AVAIILABLE IN SPECIFIC SITUATION WHEN WE BELIEVE THIS IS CONSISTENT WITH OUR MISSION AND IN THE BEST INTEREST OF OUR MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PRIOR PERIOD ADJUSTMENT 132
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2NATIONAL TAXPAYER UNION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3IOWANS FOR TAX RELIEF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4PUBLIC INTEREST INSTITUTE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt5NATIONAL TAXPAYER UNION FOUNDATION
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt5RESEARCH
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0-103128
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ReturnHeader/BuildTS02018-06-14 16:35:46Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02018-04-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INVESTOR PROTECTION INC
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