Civic Intelligence

Sac Economic & Tourism Development Ltd.

990EZ • Fiscal year 2015 • EIN 42-1300712

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 03, 2015

209 W 2nd P O Box 327Wall Lake, IA 51466

(712) 664-2940

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 2015

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2015

Net Margin

84th percentile

30%

Higher net margin than 84% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

85th percentile

$27,343

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 23.7% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

89th percentile

82%

Faster asset growth than 89% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

68th percentile

15%

Faster revenue growth than 68% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$78,877

Up $35,512 (+82%) from 2014

Net Assets

Up

$78,877

Up $35,512 (+82%) from 2014

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$115,538

Up $14,950 (+15%) from 2014

Expenses

Up

$81,133

Up $19,260 (+31%) from 2014

Net Income

Down

$34,405

Down $4,310 (-11%) from 2014

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2012: $7,690Liabilities 2012: $02012Assets 2013: $4,650Liabilities 2013: $02013Assets 2014: $43,365Net Assets 2014: $43,3652014Assets 2015: $78,877Net Assets 2015: $78,8772015Assets 2016: $123,246Net Assets 2016: $123,2462016Assets 2017: $125,110Net Assets 2017: $125,1102017Assets 2018: $130,142Net Assets 2018: $130,1422018Assets 2019: $64,934Net Assets 2019: $64,9342019Assets 2020: $44,064Net Assets 2020: $44,0642020Assets 2021: $54,120Net Assets 2021: $54,1202021Assets 2022: $56,687Net Assets 2022: $56,6872022Assets 2023: $1,894,352Liabilities 2023: $1,765,300Net Assets 2023: $129,0522023Assets 2024: $1,893,529Liabilities 2024: $1,765,300Net Assets 2024: $128,2292024

Highlighted filing

2015

Assets$78,877
Liabilities-
Net Assets$78,877

Operations Trend

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

$200K$100K$0-$100KRevenue 2012: $97,319Expenses 2012: $104,573Net Income 2012: -$7,2542012Revenue 2013: $99,322Expenses 2013: $98,408Net Income 2013: $9142013Revenue 2014: $100,588Expenses 2014: $61,873Net Income 2014: $38,7152014Revenue 2015: $115,538Expenses 2015: $81,133Net Income 2015: $34,4052015Revenue 2016: $97,249Expenses 2016: $52,880Net Income 2016: $44,3692016Revenue 2017: $86,005Expenses 2017: $84,141Net Income 2017: $1,8642017Revenue 2018: $98,695Expenses 2018: $93,663Net Income 2018: $5,0322018Revenue 2019: $23,212Expenses 2019: $88,420Net Income 2019: -$65,2082019Revenue 2020: $91,501Expenses 2020: $112,371Net Income 2020: -$20,8702020Revenue 2021: $89,563Expenses 2021: $79,507Net Income 2021: $10,0562021Revenue 2022: $101,098Expenses 2022: $98,531Net Income 2022: $2,5672022Revenue 2023: $161,772Expenses 2023: $89,407Net Income 2023: $72,3652023Revenue 2024: $155,546Expenses 2024: $156,369Net Income 2024: -$8232024

Highlighted filing

2015

Revenue$115,538
Expenses$81,133
Net Income$34,405
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 3, 2015
Return Version
2014v6.0
Gross Receipts
$115,538
Mission and Program Overview

Mission

To serve both the private and public sector of economic development and tourism in sac county, iowa

Program Services

DescriptionGrantsExpenses
PROVIDED TECHNICAL & PLANNING ASSISTANCE TO 9 COMMUNITIES & VARIOUS AGENCIES & ORGANIZATIONS IN SAC COUNTY, IOWA POPULATION OF 10,350; PROMOTED NEW & EXISTING BUSINESSES; PROMOTED TOURISM ATTRACTIONS & EVENTS$2,110$81,133
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHLOE WALLACEExecutive DirectorFT$27,343-$27,343
DAWN POTTHOFFTreasurer-$0--
CHRIS MASONPresident-$0--
MARYLS KROESETreasurer-$0--
LARRY COONDirector-$0--
DEAN STOCKDirector-$0--
KAY MONTANODirector-$0--
KERRY REINHARTDirector-$0--
NANCY DEVRIESDirector-$0--
CINDY FINLEYDirector-$0--
Filing and Contact Details

Filer

Filer Name
Sac Economic & Tourism Development Ltd
EIN
42-1300712
Phone
7126642940
Address
209 W 2nd P O Box 327, Wall Lake, IA 51466

Signing Officer

Name
Dawn Potthoff
Title
Treasurer
Phone
7126642940
Signed
2015-11-03
Discuss with paid preparer
Yes

Preparer

Firm
John D Morrow CPA
Address
109 Main Street PO Box 400, Wall Lake, IA 51466-0400
Preparer
John D Morrow
Phone
7126642891
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

Dues/membership 5076. Seminars/training/meeting 4057. Advertising 7764. Insurance 863. Travel 4166. Communications 1258. Office expenses, software, copier contract 1260. Website 1610. Funding sac county hometown pride paid thru donations 20000.

Form 990EZ, Part I, Line 20

OFFICE EQUIPMENT 1107.

Form 990EZ, Part II, Line 24

Office equipment 1107. 1107.

Raw XML Appendix182 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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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WALL LAKE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LARRY COON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DEAN STOCK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5KAY MONTANO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6KERRY REINHART
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7NANCY DEVRIES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8CINDY FINLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9CHLOE WALLACE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9EXECUTIVE DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01107
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01107
IRS990EZ/OtherChangesInNetAssetsAmt01107
IRS990EZ/OtherExpensesTotalAmt046054
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO SERVE BOTH THE PRIVATE AND PUBLIC SECTOR OF ECONOMIC DEVELOPMENT AND TOURISM IN SAC COUNTY, IOWA
IRS990EZ/PrintingPublicationsPostageAmt0100
IRS990EZ/ProgramServiceRevenueAmt00
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt02110
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IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt034979
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt056
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0386
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0825
IRS990ScheduleA/InvestmentIncomeCYPct00
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IRS990ScheduleA/PublicSupportCY170Pct00.99840
IRS990ScheduleA/PublicSupportCY509Pct00
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IRS990ScheduleA/PublicSupportTotal170Amt0512772
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0115538
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt097999
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0512772
IRS990ScheduleA/TotalSupportAmt0513597
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DUES/MEMBERSHIP 5076. SEMINARS/TRAINING/MEETING 4057. ADVERTISING 7764. INSURANCE 863. TRAVEL 4166. COMMUNICATIONS 1258. OFFICE EXPENSES, SOFTWARE, COPIER CONTRACT 1260. WEBSITE 1610. FUNDING SAC COUNTY HOMETOWN PRIDE PAID THRU DONATIONS 20000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICE EQUIPMENT 1107.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICE EQUIPMENT 1107. 1107.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part II, Line 24
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAWN POTTHOFF
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07126642940
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Sac Economic & Tourism Development Ltd
ReturnHeader/Filer/BusinessNameControlTxt0SACE
ReturnHeader/Filer/EIN0421300712
ReturnHeader/Filer/PhoneNum07126642940
ReturnHeader/Filer/USAddress/AddressLine1Txt0209 W 2nd P O Box 327
ReturnHeader/Filer/USAddress/CityNm0Wall Lake
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd051466
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0John D Morrow CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0109 Main Street PO Box 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Wall Lake
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0514660400
ReturnHeader/PreparerPersonGrp/PhoneNum07126642891
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN D MORROW
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-02-15T15:05:54-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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Filings