Civic Intelligence

Central School Preservation Inc

EIN 42-1221991 • Lake City, IA

211 S Center StLake City, IA 51449
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

44th percentile

0.00x

Higher debt load relative to assets than 44% of similar nonprofits.

$500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

54th percentile

0.01x

Higher debt load relative to revenue than 54% of similar nonprofits.

$500k-$1M nonprofits • Source year 2023

Net Margin

69th percentile

17%

Higher net margin than 69% of similar nonprofits.

$500k-$1M nonprofits • Source year 2023

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

$500k-$1M nonprofits • Source year 2020

Asset Growth

56th percentile

4.0%

Faster asset growth than 56% of similar nonprofits.

$500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

9th percentile

-39%

Faster revenue growth than 9% of similar nonprofits.

$500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$927,379

Up $19,145 (+2.1%) from 2023

Liabilities

Down

$440

Down $9 (-2.0%) from 2023

Net Assets

Up

$926,939

Up $19,154 (+2.1%) from 2023

Revenue

Up

$52,406

Up $8,316 (+19%) from 2023

Expenses

Down

$32,903

Down $3,621 (-9.9%) from 2023

Net Income

Up

$19,503

Up $11,937 (+158%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2011: $846,138Liabilities 2011: $0Net Assets 2011: $846,1382011Assets 2012: $846,592Liabilities 2012: $0Net Assets 2012: $846,5922012Assets 2013: $822,987Liabilities 2013: $0Net Assets 2013: $822,9872013Assets 2014: $823,386Liabilities 2014: $02014Assets 2015: $813,055Liabilities 2015: $380Net Assets 2015: $812,6752015Assets 2016: $836,191Liabilities 2016: $390Net Assets 2016: $835,8012016Assets 2017: $848,558Liabilities 2017: $397Net Assets 2017: $848,1612017Assets 2018: $823,961Liabilities 2018: $423Net Assets 2018: $823,5382018Assets 2019: $854,267Liabilities 2019: $482Net Assets 2019: $853,7852019Assets 2020: $885,662Liabilities 2020: $492Net Assets 2020: $885,1702020Assets 2021: $909,977Liabilities 2021: $471Net Assets 2021: $909,5062021Assets 2022: $873,403Liabilities 2022: $462Net Assets 2022: $872,9412022Assets 2023: $908,234Liabilities 2023: $449Net Assets 2023: $907,7852023Assets 2024: $927,379Liabilities 2024: $440Net Assets 2024: $926,9392024

Highlighted filing

2024

Assets$927,379
Liabilities$440
Net Assets$926,939

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2011: $37,222Expenses 2011: $23,974Net Income 2011: $13,2482011Revenue 2012: $39,708Expenses 2012: $29,074Net Income 2012: $10,6342012Revenue 2013: $26,621Expenses 2013: $23,192Net Income 2013: $3,4292013Revenue 2014: $33,197Expenses 2014: $29,725Net Income 2014: $3,4722014Revenue 2015: $28,519Expenses 2015: $25,293Net Income 2015: $3,2262015Revenue 2016: $54,269Expenses 2016: $42,070Net Income 2016: $12,1992016Revenue 2017: $31,358Expenses 2017: $37,490Net Income 2017: -$6,1322017Revenue 2018: $31,191Expenses 2018: $31,244Net Income 2018: -$532018Revenue 2019: $36,916Expenses 2019: $50,658Net Income 2019: -$13,7422019Revenue 2020: $42,009Expenses 2020: $29,660Net Income 2020: $12,3492020Revenue 2021: $43,109Expenses 2021: $31,024Net Income 2021: $12,0852021Revenue 2022: $71,880Expenses 2022: $35,049Net Income 2022: $36,8312022Revenue 2023: $44,090Expenses 2023: $36,524Net Income 2023: $7,5662023Revenue 2024: $52,406Expenses 2024: $32,903Net Income 2024: $19,5032024

Highlighted filing

2024

Revenue$52,406
Expenses$32,903
Net Income$19,503

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.27$0.00$9.27$0.52$0.33$0.20
2023Detailed filing. Detailed filing data is available for this year.$9.08$0.00$9.08$0.44$0.37$0.08
2022Detailed filing. Detailed filing data is available for this year.$8.73$0.00$8.73$0.72$0.35$0.37
2021Detailed filing. Detailed filing data is available for this year.$9.10$0.00$9.10$0.43$0.31$0.12
2020Detailed filing. Detailed filing data is available for this year.$8.86$0.00$8.85$0.42$0.30$0.12
2019Detailed filing. Detailed filing data is available for this year.$8.54$0.00$8.54$0.37$0.51$0.14
2018Detailed filing. Detailed filing data is available for this year.$8.24$0.00$8.24$0.31$0.31$0.00
2017Detailed filing. Detailed filing data is available for this year.$8.49$0.00$8.48$0.31$0.37$0.06
2016Detailed filing. Detailed filing data is available for this year.$8.36$0.00$8.36$0.54$0.42$0.12
2015Detailed filing. Detailed filing data is available for this year.$8.13$0.00$8.13$0.29$0.25$0.03
2014Summary only. Only limited summary data is available for this year.$8.23$0.00$0.33$0.30$0.03
2013Summary only. Only limited summary data is available for this year.$8.23$0.00$8.23$0.27$0.23$0.03
2012Summary only. Only limited summary data is available for this year.$8.47$0.00$8.47$0.40$0.29$0.11
2011Summary only. Only limited summary data is available for this year.$8.46$0.00$8.46$0.37$0.24$0.13
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DARCY MAULSBYPresident-$6,000-$6,000
DWIGHT MORENZVice Preside-$5,748-$5,748
TERRY WATTERSTreasurer-$0--
DWIGHT DIALDirector-$0--
JAN DOUGHERTYSecretary-$0--
MARY ANN DOUGLASDirector-$0--
TAMMI GREENDirector-$0--
Filing and Contact Details

Filer

Filer Name
Central School Preservation Inc
EIN
42-1221991
Phone
7124648639
Address
211 S CENTER ST, LAKE CITY, IA 51449

Signing Officer

Name
Terry Watters
Title
Treasurer
Phone
7124648639
Signed
2025-05-14
Discuss with paid preparer
Yes

Preparer

Firm
Olsen Muhlbauer & Co Llp
Address
PO BOX 545, CARROLL, IA 51401
Preparer
Tammy M Bruch
Phone
7127924314
Raw XML Appendix354 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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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd1IA
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd2IA
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd3IA
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd4IA
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd5IA
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd6IA
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd051449
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd151449
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd251449
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd351449
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd451449
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd551449
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd651449
IRS990PF/Organization501c3ExemptPFInd0X
IRS990PF/PFQualifyingDistributionsGrp/ExpensesAndContributionsAmt026874
IRS990PF/PFQualifyingDistributionsGrp/QualifyingDistributionsAmt026874
IRS990PF/StatementsRegardingActy4720Grp/BrrwOrLendDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd0false
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd0false
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd0false
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd0false
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd0false
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd0false
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd0false
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd0true
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd0true
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd0false
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd0false
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd0false
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd0true
IRS990PF/StatementsRegardingActyGrp/IndividualWithBooksNm0TERRY WATTERS
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd0false
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt0319 N MICHIGAN ST
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0LAKE CITY
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0IA
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd051449
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd0false
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd0false
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd0false
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0IA
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd0false
IRS990PF/StatementsRegardingActyGrp/PhoneNum07124648639
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd0false
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd0false
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd0false
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0WWW.HISTORICCENTRALSCHOOL.COM
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0DEVELOP, MAINTAIN, AND SHARE HISTORIC CENTRAL SCHOOL AS A CULTURAL & HERITAGE CENTER FOR THE LAKE CITY, IOWA, COMMUNITY.
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses1Amt026874
IRS990PF/SumOfProgramRelatedInvstGrp/Description1Txt0N/A
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt022231
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt022231
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt07632
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt01828
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt04579
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt06979
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt027307
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt027307
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt025661
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt04643
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt07632
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt01828
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt04579
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt06979
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt026874
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt04643
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt052968
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt048325
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1Txt0LANDUS
IRS990ScheduleB/ContributorInformationGrp/ContributorNum01
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt0220 SW 9TH ST SUITE 300
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm0DES MOINES
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd0IA
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd0503094320
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd0X
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt010000
IRS990ScheduleB/GeneralRuleInd0X
IRS990ScheduleB/Organization501c3ExemptPFInd0X
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt019228
LandEtcSchedule2/LandEtcGrp/BookValueAmt043795
LandEtcSchedule2/LandEtcGrp/BookValueAmt1420000
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt0BUILDING
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt063023
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt1420000
LandEtcSchedule2/LandEtcGrp/EOYFMVAmt063023
LandEtcSchedule2/LandEtcGrp/EOYFMVAmt1420000
OtherDecreasesSchedule/OtherDecreasesDetail/Amt019
OtherDecreasesSchedule/OtherDecreasesDetail/Amt1330
OtherDecreasesSchedule/OtherDecreasesDetail/Desc0PENALTIES
OtherDecreasesSchedule/OtherDecreasesDetail/Desc1UNREALIZED LOSS ON INVMTS
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1MISCELLANEOUS
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2WEBSITE & ADVERTISING
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt0933
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt0933
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/BOYBookValueAmt0449
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/Desc0PAYROLL TAX LIABILITIES
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/EOYBookValueAmt0440
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt015
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt0INVESTMENT ADVISORY FEES
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/NetInvestmentIncomeAmt015
TaxesSchedule/TaxesDetail/Amt0174
TaxesSchedule/TaxesDetail/Amt1458
TaxesSchedule/TaxesDetail/CategoryTxt0FOREIGN TAXES
TaxesSchedule/TaxesDetail/CategoryTxt1INCOME TAXES
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt0174
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TERRY WATTERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07124648639
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CENTRAL SCHOOL PRESERVATION INC
ReturnHeader/Filer/BusinessNameControlTxt0CENT
ReturnHeader/Filer/EIN0421221991
ReturnHeader/Filer/PhoneNum07124648639
ReturnHeader/Filer/USAddress/AddressLine1Txt0211 S CENTER ST
ReturnHeader/Filer/USAddress/CityNm0LAKE CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd051449
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0420950074
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0OLSEN MUHLBAUER & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 545
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CARROLL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd051401
ReturnHeader/PreparerPersonGrp/PhoneNum07127924314
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TAMMY M BRUCH
ReturnHeader/ReturnTs02025-05-15T09:50:53-04:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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