Civic Intelligence

Four Mounds Foundation

990 • Fiscal year 2022 • EIN 42-1265303

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 14, 2023

4900 Peru RoadDubuque, IA 52001

(563) 557-7292

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.44x

Higher debt load relative to assets than 82% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

70th percentile

0.25x

Higher debt load relative to revenue than 70% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

46th percentile

4.9%

Higher net margin than 46% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

50th percentile

$59,183

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 4.9% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

67th percentile

10%

Faster asset growth than 67% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

72nd percentile

28%

Faster revenue growth than 72% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$703,798

Up $66,372 (+10%) from 2021

Net Assets

Up

$397,177

Up $59,590 (+18%) from 2021

Liabilities

Up

$306,621

Up $6,782 (+2.3%) from 2021

Revenue

Up

$1,204,378

Up $263,696 (+28%) from 2021

Expenses

Up

$1,144,788

Up $257,271 (+29%) from 2021

Net Income

Up

$59,590

Up $6,425 (+12%) from 2021

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $438,764Liabilities 2011: $129,066Net Assets 2011: $309,6982011Assets 2012: $453,083Liabilities 2012: $134,152Net Assets 2012: $318,9312012Assets 2013: $407,390Liabilities 2013: $108,967Net Assets 2013: $298,4232013Assets 2014: $435,585Liabilities 2014: $85,637Net Assets 2014: $349,9482014Assets 2015: $426,796Liabilities 2015: $92,143Net Assets 2015: $334,6532015Assets 2016: $414,605Liabilities 2016: $73,232Net Assets 2016: $341,3732016Assets 2017: $503,670Liabilities 2017: $150,373Net Assets 2017: $353,2972017Assets 2018: $508,572Liabilities 2018: $114,942Net Assets 2018: $393,6302018Assets 2019: $583,442Liabilities 2019: $153,032Net Assets 2019: $430,4102019Assets 2020: $617,413Liabilities 2020: $332,991Net Assets 2020: $284,4222020Assets 2021: $637,426Liabilities 2021: $299,839Net Assets 2021: $337,5872021Assets 2022: $703,798Liabilities 2022: $306,621Net Assets 2022: $397,1772022Assets 2023: $689,533Liabilities 2023: $298,835Net Assets 2023: $390,6982023Assets 2024: $698,676Liabilities 2024: $269,243Net Assets 2024: $429,4332024

Highlighted filing

2022

Assets$703,798
Liabilities$306,621
Net Assets$397,177

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $586,216Expenses 2011: $570,299Net Income 2011: $15,9172011Expenses 2012: $488,2752012Revenue 2013: $434,129Expenses 2013: $454,637Net Income 2013: -$20,5082013Revenue 2014: $536,113Expenses 2014: $484,588Net Income 2014: $51,5252014Revenue 2015: $604,351Expenses 2015: $619,646Net Income 2015: -$15,2952015Revenue 2016: $555,446Expenses 2016: $548,726Net Income 2016: $6,7202016Revenue 2017: $586,618Expenses 2017: $574,694Net Income 2017: $11,9242017Revenue 2018: $693,677Expenses 2018: $653,344Net Income 2018: $40,3332018Revenue 2019: $694,716Expenses 2019: $657,936Net Income 2019: $36,7802019Revenue 2020: $683,933Expenses 2020: $829,921Net Income 2020: -$145,9882020Revenue 2021: $940,682Expenses 2021: $887,517Net Income 2021: $53,1652021Revenue 2022: $1,204,378Expenses 2022: $1,144,788Net Income 2022: $59,5902022Revenue 2023: $1,280,950Expenses 2023: $1,287,429Net Income 2023: -$6,4792023Revenue 2024: $1,297,988Expenses 2024: $1,259,253Net Income 2024: $38,7352024

Highlighted filing

2022

Revenue$1,204,378
Expenses$1,144,788
Net Income$59,590
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$1,204,781
Mission and Program Overview

Mission

To preserve the natural, architectural and historical resources of the four mounds estate, educate with hands-on opportunities for youth and community, and serve through leadership, stewardship, and innovative partnerships

Preserve, educate and serve

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$211,987$366,106▲ $154,119
Land, Buildings, and Equipment, Net$339,305$295,049▼ $44,256
Cash and Non-Interest-Bearing Accounts$86,134$42,643▼ $43,491
Total Assets$637,426$703,798▲ $66,372
Liabilities
Accounts Payable and Accrued Expenses$188,511$247,562▲ $59,051
Mortgage Notes Payable Secured by Investment Property$92,239$52,697▼ $39,542
Other Liabilities$19,089$6,362▼ $12,727
Total Liabilities$299,839$306,621▲ $6,782
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$337,587$397,177▲ $59,590
Total Net Assets Fund Balance$337,587$397,177▲ $59,590
Total Liabilities and Net Assets / Fund Balance$637,426$703,798▲ $66,372

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$68,168$478,730$546,898
Buildings$45,485$418,866$464,351
Leasehold Improvements$116,199$119,912$236,111
Other Land Buildings$28,197$37,829$66,026
Land$37,000-$37,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jill CourtneyExecutive DirectorFT$59,183$59,183

Board Members and Trustees

NameTitle
John N GronenPresident
Mary Mulgrew GronenVice Chair
Ben BartelsDirector
David ResnickDirector
Natalia BlaskovichDirector
Renee HesselmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$449,327
Program Service Revenue
$738,056
Investment Income
$1,057
Other Revenue
$15,938
All Other Contributions
$306,848
Change in Net Assets
$59,590
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$643,878
Salaries, Compensation, and Employee Benefits$500,910
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$365,872$37,591-$403,463
All Other Expenses$71,409$25,316-$96,725
Depreciation Depletion-$59,950-$59,950
Current Officers, Directors, Trustees, and Key Employees-$59,183-$59,183
Occupancy$41,633$16,917-$58,550
Insurance$30,831$24,636-$55,467
Fees for Services Other$13,757$40,354-$54,111
Other Expenses$40,353$2,159-$42,512
Payroll Taxes$26,637$6,937-$33,574
Information Technology$1,978$10,848-$12,826
Fees for Services Accounting-$11,323-$11,323
Office Expenses$1,070$8,447-$9,517
Interest$15$3,253-$3,268
Other Employee Benefits$2,549--$2,549
Pension Plan Contributions-$2,141-$2,141
Advertising$1,695$5-$1,700
Travel$-130--$-130
Total Functional Expenses$835,474$309,314$0$1,144,788
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Gift Certificates Sold$4,049
Iowa Dor Payable$2,163
Rent Deposit$150
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

John gronen and mary gronen are husband and wife.

Form 990, Part VI, Section B, Line 11B

The treasurer, executive director and board president review the completed return.

Form 990, Part VI, Section C, Line 19

The organization's documents and financial statements are made available upon request.

Filing and Contact Details

Filer

Filer Name
Four Mounds Foundation
EIN
42-1265303
Phone
5635577292
Address
4900 PERU ROAD, DUBUQUE, IA 52001

Signing Officer

Name
John Gronen
Title
President
Phone
5635577292
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Gronen
Formed
1985
Legal Domicile
Ia
Voting Board Members
6
Independent Board Members
6
Employees
32
Volunteers
145

Preparer

Firm
Honkamp Krueger & Co Pc
Address
2345 JOHN F KENNEDY ROAD, DUBUQUE, IA 52002
Preparer
Renee E Hesselman CPA
Phone
5635560123
Supplemental Narrative

Financial Statement Notes

PART II, LINE 9:

The easement is recorded as an asset. There are currently no revenues or expenses related to the easement.

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IRS990/ProgSrvcAccomActy3Grp/Desc0THE FOUNDATION PARTNERS ON COMMUNITY DEVELOPMENT THROUGH OUR HEART - HOUSING EDUCATION AND REHABILITATION TRAINING - PROGRAM. THIS PROGRAM IS FOR TROUBLED YOUTH WHO ARE MENTORED BY FACULTY TO LEARN JOB SKILLS. THIS PROGRAM SERVED APPROXIMATELY 35 HIGH SCHOOL STUDENTS THROUGH 2 LARGE RESTORATION PROJECTS AND MULTIPLE SMALL PROJECTS TO ASSIST ELDERLY WITH STAYING IN THE HOME SAFELY.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0499023
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0372052
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0228941
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0323
IRS990/PYOtherExpensesAmt0525404
IRS990/PYOtherRevenueAmt025442
IRS990/PYProgramServiceRevenueAmt0685976
IRS990/PYRevenuesLessExpensesAmt053165
IRS990/PYSalariesCompEmpBnftPaidAmt0362113
IRS990/PYTotalExpensesAmt0887517
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0940682
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt059590
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt014200
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0326092
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0211987
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0366106
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0449327
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0228941
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0391644
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0301506
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0203580
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01574998
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01057
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0323
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0521
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0375
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0394
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02670
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02628268
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01150
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt02131
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02659
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt013390
IRS990ScheduleA/OtherIncome170Grp/TotalAmt019330
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.76080
IRS990ScheduleA/PublicSupportPY170Pct00.84960
IRS990ScheduleA/PublicSupportTotal170Amt01214917
IRS990ScheduleA/SubstantialContributorsTotAmt0360081
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0449327
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0228941
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0391644
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0301506
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0203580
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01574998
IRS990ScheduleA/TotalSupportAmt01596998
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt045485
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0418866
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0464351
IRS990ScheduleD/EquipmentGrp/BookValueAmt068168
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0478730
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0546898
IRS990ScheduleD/ExpensesIncurredEnforcementAmt00
IRS990ScheduleD/HistoricLandAreaInd0X
IRS990ScheduleD/HistoricStrctrEasementsAftrCnt00
IRS990ScheduleD/HistoricStructureEasementsCnt00
IRS990ScheduleD/LandGrp/BookValueAmt037000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt037000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0116199
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0119912
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0236111
IRS990ScheduleD/ModifiedEasementsCnt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt028197
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt037829
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt066026
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0150
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14049
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22163
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RENT DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1GIFT CERTIFICATES SOLD
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2IOWA DOR PAYABLE
IRS990ScheduleD/PreservationOpenSpaceInd0X
IRS990ScheduleD/PreservationPublicUseInd0X
IRS990ScheduleD/ProtectionNaturalHabitatInd0X
IRS990ScheduleD/StaffHoursSpentEnforcementCnt010.00
IRS990ScheduleD/StatesEasementsHeldCnt01
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE EASEMENT IS RECORDED AS AN ASSET. THERE ARE CURRENTLY NO REVENUES OR EXPENSES RELATED TO THE EASEMENT.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART II, LINE 9:
IRS990ScheduleD/TotalAcreageCnt030.00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0295049
IRS990ScheduleD/TotalEasementsCnt01
IRS990ScheduleD/TotalLiabilityAmt06362
IRS990ScheduleD/WrittenPolicyMonitoringInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JOHN GRONEN AND MARY GRONEN ARE HUSBAND AND WIFE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TREASURER, EXECUTIVE DIRECTOR AND BOARD PRESIDENT REVIEW THE COMPLETED RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0637426
IRS990/TotalAssetsEOYAmt0703798
IRS990/TotalAssetsGrp/BOYAmt0637426
IRS990/TotalAssetsGrp/EOYAmt0703798
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0449327
IRS990/TotalEmployeeCnt032
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0309314
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0835474
IRS990/TotalFunctionalExpensesGrp/TotalAmt01144788
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0299839
IRS990/TotalLiabilitiesEOYAmt0306621
IRS990/TotalLiabilitiesGrp/BOYAmt0299839
IRS990/TotalLiabilitiesGrp/EOYAmt0306621
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0337587
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0397177

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.70$0.27$0.43$1.30$1.26$0.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.69$0.30$0.39$1.28$1.29$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.70$0.31$0.40$1.20$1.14$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.64$0.30$0.34$0.94$0.89$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.62$0.33$0.28$0.68$0.83$0.15
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$0.15$0.43$0.69$0.66$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.51$0.11$0.39$0.69$0.65$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$0.15$0.35$0.59$0.57$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.41$0.07$0.34$0.56$0.55$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.43$0.09$0.33$0.60$0.62$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.44$0.09$0.35$0.54$0.48$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.41$0.11$0.30$0.43$0.45$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.13$0.32$0.49
2011Summary only. Only limited summary data is available for this year.$0.44$0.13$0.31$0.59$0.57$0.02