Civic Intelligence

Community Main Street Inc.

990 • Fiscal year 2017 • EIN 42-1303027

Jul 01, 2016 to Jun 30, 2017 • Filed on Sep 07, 2017

206 MAIN STREET No BCedar Falls, IA 50613

(319) 277-0213

Siviq Scores

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

Liabilities / Assets

41st percentile

0.05x

Higher debt load relative to assets than 41% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

61st percentile

0.17x

Higher debt load relative to revenue than 61% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

63rd percentile

8.5%

Higher net margin than 63% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

44th percentile

$48,000

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 13.4% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

49th percentile

3.0%

Faster asset growth than 49% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

2nd percentile

-70%

Faster revenue growth than 2% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,272,306

Up $36,562 (+3.0%) from 2016

Net Assets

Up

$1,209,927

Up $30,660 (+2.6%) from 2016

Liabilities

Up

$62,379

Up $5,902 (+10%) from 2016

Revenue

Down

$359,197

Down $825,314 (-70%) from 2016

Expenses

Up

$328,537

Up $10,107 (+3.2%) from 2016

Net Income

Down

$30,660

Down $835,421 (-96%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $231,297Liabilities 2011: $23,976Net Assets 2011: $207,3212011Assets 2012: $278,685Liabilities 2012: $33,798Net Assets 2012: $244,8872012Assets 2013: $315,329Liabilities 2013: $39,889Net Assets 2013: $275,4402013Assets 2014: $345,484Liabilities 2014: $45,310Net Assets 2014: $300,1742014Assets 2015: $362,828Liabilities 2015: $49,642Net Assets 2015: $313,1862015Assets 2016: $1,235,744Liabilities 2016: $56,477Net Assets 2016: $1,179,2672016Assets 2017: $1,272,306Liabilities 2017: $62,379Net Assets 2017: $1,209,9272017Assets 2018: $1,242,413Liabilities 2018: $71,814Net Assets 2018: $1,170,5992018Assets 2019: $697,338Liabilities 2019: $267,192Net Assets 2019: $430,1462019Assets 2020: $768,428Liabilities 2020: $299,661Net Assets 2020: $468,7672020Assets 2021: $774,096Liabilities 2021: $108,571Net Assets 2021: $665,5252021Assets 2022: $979,748Liabilities 2022: $106,875Net Assets 2022: $872,8732022Assets 2023: $1,089,750Liabilities 2023: $109,352Net Assets 2023: $980,3982023Assets 2024: $1,202,839Liabilities 2024: $131,770Net Assets 2024: $1,071,0692024Assets 2025: $1,382,740Liabilities 2025: $161,827Net Assets 2025: $1,220,9132025

Highlighted filing

2017

Assets$1,272,306
Liabilities$62,379
Net Assets$1,209,927

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $154,0712011Expenses 2012: $163,7412012Revenue 2013: $249,774Expenses 2013: $219,221Net Income 2013: $30,5532013Revenue 2014: $255,996Expenses 2014: $231,262Net Income 2014: $24,7342014Revenue 2015: $188,391Expenses 2015: $175,379Net Income 2015: $13,0122015Revenue 2016: $1,184,511Expenses 2016: $318,430Net Income 2016: $866,0812016Revenue 2017: $359,197Expenses 2017: $328,537Net Income 2017: $30,6602017Revenue 2018: $516,292Expenses 2018: $555,620Net Income 2018: -$39,3282018Revenue 2019: $424,330Expenses 2019: $362,003Net Income 2019: $62,3272019Revenue 2020: $347,969Expenses 2020: $309,348Net Income 2020: $38,6212020Revenue 2021: $413,230Expenses 2021: $216,472Net Income 2021: $196,7582021Revenue 2022: $433,908Expenses 2022: $226,560Net Income 2022: $207,3482022Revenue 2023: $404,172Expenses 2023: $296,647Net Income 2023: $107,5252023Revenue 2024: $435,786Expenses 2024: $345,115Net Income 2024: $90,6712024Revenue 2025: $591,112Expenses 2025: $441,064Net Income 2025: $150,0482025

Highlighted filing

2017

Revenue$359,197
Expenses$328,537
Net Income$30,660
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Sep 7, 2017
Return Version
2016v3.0
Gross Receipts
$361,226
Mission and Program Overview

Mission

To foster economic vitality and to preserve and promote the historic image and character of downtown while improving the quality of life in cedar falls, iowa

Foster economic vitality, historic image and quality of life in cedar falls iowa

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$850,000$850,000→ $0
Savings and Temporary Cash Investments$292,106$286,011▼ $6,095
Cash and Non-Interest-Bearing Accounts$67,221$120,879▲ $53,658
Land, Buildings, and Equipment, Net$12,933$8,999▼ $3,934
Total Assets$1,235,744$1,272,306▲ $36,562
Other Assets Total$13,484$6,417▼ $7,067
Liabilities
Other Liabilities$56,477$62,379▲ $5,902
Total Liabilities$56,477$62,379▲ $5,902
Net Assets / Fund Balance
Unrestricted Net Assets$1,179,267$1,209,927▲ $30,660
Total Net Assets Fund Balance$1,179,267$1,209,927▲ $30,660
Total Liabilities and Net Assets / Fund Balance$1,235,744$1,272,306▲ $36,562

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,999$71,690$80,689
Investment Program Related Org$850,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Carol LillyExecutive DirectorFT$48,000$48,000
Kimberly BearEmployeeFT$30,258$30,258
Emily YaddofEmployeeFT$11,581$11,581
Ashley JohnsonEmployeeFT$9,750$9,750

Board Members and Trustees

NameTitle
Jess MarshPast President
Leaann SaulPresident
Ty KimblePresident-elect
Amy MohrDirector
Brandon GrayDirector
Clark RickardDirector
Dave DeaverDirector
Dawn WilsonDirector
Julie ShimekDirector
Matt DunningDirector
Pam TaylorDirector
Stephanie Houk SheetzDirector
Susan AbernathyDirector
Crystal FordSecretary
Dan LynchTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$196,622
Program Service Revenue
$155,808
Investment Income
$3,919
Other Revenue
$2,848
All Other Contributions
$12,097
Change in Net Assets
$30,660
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$212,597
Salaries, Compensation, and Employee Benefits$115,940
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$43,531$14,510-$58,041
Current Officers, Directors, Trustees, and Key Employees$45,600$2,400-$48,000
All Other Expenses$21,436$2,263-$23,699
Occupancy$6,354$6,354-$12,708
Other Expenses$8,886--$8,886
Payroll Taxes$7,212$900-$8,112
Office Expenses$3,860$3,860-$7,720
Travel$4,536--$4,536
Depreciation Depletion$4,351--$4,351
Fees for Services Accounting-$3,575-$3,575
Pension Plan Contributions$1,698$89-$1,787
Fees for Services Legal-$250-$250
Total Functional Expenses$294,336$34,201$0$328,537
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 Certificate Liability$59,251
Payroll Liabilities$3,128
Governance and Compliance

Governance Checklist

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

Governance Explanations

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

Form 990 was provided to the treasurer prior to filing.

Form 990, Part VI, Section C, line 19

All governing documents and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Community Main Street Inc
EIN
42-1303027
Phone
3192770213
Address
206 MAIN STREET No B, CEDAR FALLS, IA 50613

Signing Officer

Name
Leaann Saul
Title
President
Phone
3192770213
Signed
2017-09-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Leaann Saul
Formed
1988
Legal Domicile
Ia
Voting Board Members
19
Independent Board Members
15
Employees
5
Volunteers
60

Preparer

Firm
Bergankdv Ltd
Address
PO BOX 2100, WATERLOO, IA 50704-2100
Preparer
Chris Gehling CPA
Phone
3192346885
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IRS990/NetAssetsOrFundBalancesEOYAmt01209927
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0981
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0981
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt06354
IRS990/OccupancyGrp/ProgramServicesAmt06354
IRS990/OccupancyGrp/TotalAmt012708
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03860
IRS990/OfficeExpensesGrp/ProgramServicesAmt03860
IRS990/OfficeExpensesGrp/TotalAmt07720
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt013484
IRS990/OtherAssetsTotalGrp/EOYAmt06417
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PROMOTIONAL EVENTS
IRS990/OtherExpensesGrp/Desc1FLOWERS & LANDSCAPING
IRS990/OtherExpensesGrp/Desc2BRANDING
IRS990/OtherExpensesGrp/Desc3PROMOTIONAL COSTS
IRS990/OtherExpensesGrp/ProgramServicesAmt0126546
IRS990/OtherExpensesGrp/ProgramServicesAmt110326
IRS990/OtherExpensesGrp/ProgramServicesAmt210000
IRS990/OtherExpensesGrp/ProgramServicesAmt38886
IRS990/OtherExpensesGrp/TotalAmt0126546
IRS990/OtherExpensesGrp/TotalAmt110326
IRS990/OtherExpensesGrp/TotalAmt210000
IRS990/OtherExpensesGrp/TotalAmt38886
IRS990/OtherLiabilitiesGrp/BOYAmt056477
IRS990/OtherLiabilitiesGrp/EOYAmt062379
IRS990/OtherRevenueTotalAmt01867
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt014510
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt043531
IRS990/OtherSalariesAndWagesGrp/TotalAmt058041
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0900
IRS990/PayrollTaxesGrp/ProgramServicesAmt07212
IRS990/PayrollTaxesGrp/TotalAmt08112
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt089
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01698
IRS990/PensionPlanContributionsGrp/TotalAmt01787
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0LEAANN SAUL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0PROMOTIONAL EVENTS
IRS990/ProgramServiceRevenueGrp/Desc1FLOWER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0152663
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13145
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0152663
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13145
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0228139
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt055000
IRS990/PYInvestmentIncomeAmt0273
IRS990/PYOtherExpensesAmt0138370
IRS990/PYOtherRevenueAmt0950925
IRS990/PYProgramServiceRevenueAmt05174
IRS990/PYRevenuesLessExpensesAmt0866081
IRS990/PYSalariesCompEmpBnftPaidAmt0125060
IRS990/PYTotalExpensesAmt0318430
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01184511
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt030660
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt0981
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0157675
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0292106
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0286011
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt012097
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt06509
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt04560
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt07131
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt030812
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt061109
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03919
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0273
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0214
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0451
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0824
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt05681
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0155808
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01867
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0920000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt03166
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0925033
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.61200
IRS990ScheduleA/PublicSupportPY170Pct00.62580
IRS990ScheduleA/PublicSupportTotal170Amt01469019
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt0184525
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt0341573
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt0245005
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt0326903
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt0309904
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt01407910
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0196622
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0348082
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0249565
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0334034
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0340716
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01469019
IRS990ScheduleA/TotalSupportAmt02400320
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt0981
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt0-601
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt0207
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt0587
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt08999
IRS990ScheduleD/EquipmentGrp/DepreciationAmt071690
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt080689
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0850000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0INVESTMENT IN SSMU
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03128
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt159251
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1GIFT CERTIFICATE LIABILITY
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08999
IRS990ScheduleD/TotalBookValueProgramRltdAmt0850000
IRS990ScheduleD/TotalLiabilityAmt062379
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 WAS PROVIDED TO THE TREASURER PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.38$0.16$1.22$0.59$0.44$0.15
2024Detailed filing. Detailed filing data is available for this year.$1.20$0.13$1.07$0.44$0.35$0.09
2023Detailed filing. Detailed filing data is available for this year.$1.09$0.11$0.98$0.40$0.30$0.11
2022Detailed filing. Detailed filing data is available for this year.$0.98$0.11$0.87$0.43$0.23$0.21
2021Detailed filing. Detailed filing data is available for this year.$0.77$0.11$0.67$0.41$0.22$0.20
2020Detailed filing. Detailed filing data is available for this year.$0.77$0.30$0.47$0.35$0.31$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.70$0.27$0.43$0.42$0.36$0.06
2018Detailed filing. Detailed filing data is available for this year.$1.24$0.07$1.17$0.52$0.56$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.27$0.06$1.21$0.36$0.33$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.24$0.06$1.18$1.18$0.32$0.87
2015Detailed filing. Detailed filing data is available for this year.$0.36$0.05$0.31$0.19$0.18$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.35$0.05$0.30$0.26$0.23$0.02
2013Summary only. Only limited summary data is available for this year.$0.32$0.04$0.28$0.25$0.22$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.03$0.24$0.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.02$0.21$0.15