Civic Intelligence

Community Main Street Inc.

990 • Fiscal year 2020 • EIN 42-1303027

Jul 01, 2019 to Jun 30, 2020 • Filed on Aug 03, 2020

310 E 4th StreetCedar Falls, IA 50613

(319) 277-0213

Siviq Scores

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

Liabilities / Assets

80th percentile

0.39x

Higher debt load relative to assets than 80% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

88th percentile

0.86x

Higher debt load relative to revenue than 88% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

59th percentile

11%

Higher net margin than 59% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

69th percentile

$54,709

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 15.7% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

57th percentile

10%

Faster asset growth than 57% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

29th percentile

-18%

Faster revenue growth than 29% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$768,428

Up $71,090 (+10%) from 2019

Net Assets

Up

$468,767

Up $38,621 (+9.0%) from 2019

Liabilities

Up

$299,661

Up $32,469 (+12%) from 2019

Revenue

Down

$347,969

Down $76,361 (-18%) from 2019

Expenses

Down

$309,348

Down $52,655 (-15%) from 2019

Net Income

Down

$38,621

Down $23,706 (-38%) from 2019

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

2020

Assets$768,428
Liabilities$299,661
Net Assets$468,767

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

2020

Revenue$347,969
Expenses$309,348
Net Income$38,621
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Aug 3, 2020
Return Version
2019v5.1
Gross Receipts
$347,969
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
Land, Buildings, and Equipment, Net$480,908$462,976▼ $17,932
Cash and Non-Interest-Bearing Accounts$135,825$206,350▲ $70,525
Savings and Temporary Cash Investments$80,605$99,102▲ $18,497
Total Assets$697,338$768,428▲ $71,090
Liabilities
Mortgage Notes Payable Secured by Investment Property$196,090$191,547▼ $4,543
Other Liabilities$71,102$83,414▲ $12,312
Unsecured Notes Loans Payable-$24,700-
Total Liabilities$267,192$299,661▲ $32,469
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$430,146$468,767▲ $38,621
Total Net Assets Fund Balance$430,146$468,767▲ $38,621
Total Liabilities and Net Assets / Fund Balance$697,338$768,428▲ $71,090

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$407,087$22,057$429,144
Equipment$8,657$59,310$67,967
Land$47,232-$47,232
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Carol LillyExecutive DirectorFT$54,709$54,709
Kimberly BearEmployeeFT$38,382$38,382

Board Members and Trustees

NameTitle
Ty KimblePast President
Amy MohrPresident
Crystal FordPresident-elect
Audrey KittrellDirector
Brad StrouseDirector
Clark RickardDirector
Jess MarshDirector
Julie ShimekDirector
Mark ShowalterDirector
Matt DunningDirector
Natalie BrownDirector
Stephanie Houk SheetzDirector
Wynette FroehnerDirector
Lexie HeathSecretary
Dan LynchTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$252,315
Program Service Revenue
$85,925
Investment Income
$398
Other Revenue
$9,331
All Other Contributions
$54,335
Change in Net Assets
$38,621
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$180,699
Salaries, Compensation, and Employee Benefits$123,649
Grants and Similar Amounts Paid$5,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$55,019$2,896-$57,915
Other Salaries and Wages$38,929$12,976-$51,905
Occupancy$9,002$9,002-$18,004
Depreciation Depletion$11,412$6,520-$17,932
All Other Expenses$7,707$856-$8,563
Payroll Taxes$7,469$933-$8,402
Other Expenses$6,114$2,038-$8,152
Pension Plan Contributions$5,156$271-$5,427
Grants to Domestic Individuals$5,000--$5,000
Travel$3,111--$3,111
Fees for Services Accounting-$3,042-$3,042
Office Expenses$1,374$1,374-$2,748
Insurance$428$48-$476
Total Functional Expenses$269,392$39,956$0$309,348
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$81,321
Payroll Liabilities$2,093
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 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
310 E 4TH STREET, CEDAR FALLS, IA 50613

Signing Officer

Name
Amy Mohr
Title
President
Phone
3192770213
Signed
2020-08-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amy Mohr
Formed
1988
Legal Domicile
Ia
Voting Board Members
17
Independent Board Members
15
Employees
5
Volunteers
80

Preparer

Firm
Bergankdv Ltd
Address
PO BOX 2100, WATERLOO, IA 50704-2100
Preparer
Christopher J Gehling CPA
Phone
3192346885
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IRS990/OtherExpensesGrp/Desc0EVENT EXPENSE
IRS990/OtherExpensesGrp/Desc1STREETSCAPE EXPENSE
IRS990/OtherExpensesGrp/Desc2DOWNTOWN PROMOTION AND
IRS990/OtherExpensesGrp/Desc3DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02038
IRS990/OtherExpensesGrp/ProgramServicesAmt079215
IRS990/OtherExpensesGrp/ProgramServicesAmt123061
IRS990/OtherExpensesGrp/ProgramServicesAmt216395
IRS990/OtherExpensesGrp/ProgramServicesAmt36114
IRS990/OtherExpensesGrp/TotalAmt079215
IRS990/OtherExpensesGrp/TotalAmt123061
IRS990/OtherExpensesGrp/TotalAmt216395
IRS990/OtherExpensesGrp/TotalAmt38152
IRS990/OtherLiabilitiesGrp/BOYAmt071102
IRS990/OtherLiabilitiesGrp/EOYAmt083414
IRS990/OtherRevenueTotalAmt09331
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt012976
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt038929
IRS990/OtherSalariesAndWagesGrp/TotalAmt051905
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0933
IRS990/PayrollTaxesGrp/ProgramServicesAmt07469
IRS990/PayrollTaxesGrp/TotalAmt08402
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0271
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt05156
IRS990/PensionPlanContributionsGrp/TotalAmt05427
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0AMY MOHR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PROMOTIONAL EVENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt085925
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt085925
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0285988
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0338
IRS990/PYOtherExpensesAmt0233799
IRS990/PYOtherRevenueAmt07066
IRS990/PYProgramServiceRevenueAmt0130938
IRS990/PYRevenuesLessExpensesAmt062327
IRS990/PYSalariesCompEmpBnftPaidAmt0128204
IRS990/PYTotalExpensesAmt0362003
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0424330
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt038621
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt095256
IRS990/SavingsAndTempCashInvstGrp/BOYAmt080605
IRS990/SavingsAndTempCashInvstGrp/EOYAmt099102
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt054335
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt068308
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0259912
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt012097
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt06509
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0401161
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0398
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0338
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt010377
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03919
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0273
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt015305
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0285847
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt09331
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt07066
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt07545
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt01867
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0920000
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0945809
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.61350
IRS990ScheduleA/PublicSupportPY170Pct00.61460
IRS990ScheduleA/PublicSupportTotal170Amt01526338
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt0197980
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt0217680
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt0183419
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt0184525
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt0341573
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt01125177
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0252315
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0285988
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0443331
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0196622
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0348082
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01526338
IRS990ScheduleA/TotalSupportAmt02487832
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt0981
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt0-601
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt0380
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0407087
IRS990ScheduleD/BuildingsGrp/DepreciationAmt022057
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0429144
IRS990ScheduleD/EquipmentGrp/BookValueAmt08657
IRS990ScheduleD/EquipmentGrp/DepreciationAmt059310
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt067967
IRS990ScheduleD/LandGrp/BookValueAmt047232
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt047232
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt081321
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12093
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0GIFT CERTIFICATE LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0462976
IRS990ScheduleD/TotalLiabilityAmt083414
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/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0697338
IRS990/TotalAssetsEOYAmt0768428
IRS990/TotalAssetsGrp/BOYAmt0697338
IRS990/TotalAssetsGrp/EOYAmt0768428
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0252315
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt039956
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0269392
IRS990/TotalFunctionalExpensesGrp/TotalAmt0309348
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0267192
IRS990/TotalLiabilitiesEOYAmt0299661

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