Civic Intelligence

MID Prairie Community School District Foundation

990 • Fiscal year 2016 • EIN 42-1304224

Jan 01, 2016 to Dec 31, 2016 • Filed on Apr 10, 2017

PO Box 389Kalona, IA 52356

(319) 646-2850

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

46th percentile

1.0%

Higher net margin than 46% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

61st percentile

4.5%

Faster asset growth than 61% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

8th percentile

-39%

Faster revenue growth than 8% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,041,719

Up $45,199 (+4.5%) from 2015

Net Assets

Up

$1,041,719

Up $45,199 (+4.5%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$433,893

Down $277,756 (-39%) from 2015

Expenses

Up

$429,475

Up $325,443 (+313%) from 2015

Net Income

Down

$4,418

Down $603,199 (-99%) from 2015

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $302,507Net Assets 2011: $302,5072011Assets 2012: $311,211Liabilities 2012: $297Net Assets 2012: $310,9142012Assets 2013: $360,501Net Assets 2013: $360,5012013Assets 2014: $416,021Net Assets 2014: $416,0212014Assets 2015: $996,520Liabilities 2015: $0Net Assets 2015: $996,5202015Assets 2016: $1,041,719Liabilities 2016: $0Net Assets 2016: $1,041,7192016Assets 2017: $1,327,696Liabilities 2017: $0Net Assets 2017: $1,327,6962017Assets 2018: $1,584,365Liabilities 2018: $0Net Assets 2018: $1,584,3652018Assets 2019: $1,898,820Liabilities 2019: $0Net Assets 2019: $1,898,8202019Assets 2020: $2,032,342Liabilities 2020: $0Net Assets 2020: $2,032,3422020Assets 2021: $2,204,791Liabilities 2021: $0Net Assets 2021: $2,204,7912021Assets 2022: $2,179,861Liabilities 2022: $0Net Assets 2022: $2,179,8612022Assets 2023: $2,379,180Liabilities 2023: $0Net Assets 2023: $2,379,1802023Assets 2024: $2,537,808Liabilities 2024: $0Net Assets 2024: $2,537,8082024

Highlighted filing

2016

Assets$1,041,719
Liabilities$0
Net Assets$1,041,719

Operations Trend

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

$800K$600K$400K$200K$0Revenue 2011: $175,458Expenses 2011: $161,665Net Income 2011: $13,7932011Revenue 2012: $63,805Expenses 2012: $62,391Net Income 2012: $1,4142012Revenue 2013: $115,906Expenses 2013: $64,142Net Income 2013: $51,7642013Revenue 2014: $126,843Expenses 2014: $71,360Net Income 2014: $55,4832014Revenue 2015: $711,649Expenses 2015: $104,032Net Income 2015: $607,6172015Revenue 2016: $433,893Expenses 2016: $429,475Net Income 2016: $4,4182016Revenue 2017: $375,761Expenses 2017: $134,276Net Income 2017: $241,4852017Revenue 2018: $438,895Expenses 2018: $128,159Net Income 2018: $310,7362018Revenue 2019: $352,193Expenses 2019: $104,956Net Income 2019: $247,2372019Revenue 2020: $240,190Expenses 2020: $157,215Net Income 2020: $82,9752020Revenue 2021: $262,894Expenses 2021: $144,964Net Income 2021: $117,9302021Revenue 2022: $358,449Expenses 2022: $218,816Net Income 2022: $139,6332022Revenue 2023: $361,998Expenses 2023: $257,522Net Income 2023: $104,4762023Revenue 2024: $390,234Expenses 2024: $273,567Net Income 2024: $116,6672024

Highlighted filing

2016

Revenue$433,893
Expenses$429,475
Net Income$4,418
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Apr 10, 2017
Return Version
2016v3.0
Gross Receipts
$763,820
Mission and Program Overview

Mission

Benefits Mid-Prairie Community Schools, teachers, and students

The Foundations mission is to maintain and increase the educational excellence of the Mid-Prairie School District by soliciting funds and using such funds to facilitate projects and expenditures which will develop and extend the educational opportunities available to its students, staff, faculty and the residents of the geographical area which it serves. The Foundation extends the reach of the Mid-Prairie School District through various main avenues of support including: funding of scholarships, expenditures to further educational programs, teacher rewards and facilities expansion & renovation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$86,467$422,863▲ $336,396
Investments in Publicly Traded Securities$296,608$384,255▲ $87,647
Cash and Non-Interest-Bearing Accounts$613,445$234,601▼ $378,844
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$996,520$1,041,719▲ $45,199
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$697,277$647,364▼ $49,913
Permanently Rstr Net Assets$299,243$394,355▲ $95,112
Total Net Assets Fund Balance$996,520$1,041,719▲ $45,199
Total Liabilities and Net Assets / Fund Balance$996,520$1,041,719▲ $45,199
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jeremiah GingerichPresident
Mitchell BillupsVice President
Doug SlaubaughTrustee
Fisher ReedTrustee
Gerry BeelerTrustee
Junell DuwaTrustee
Kari HarlandTrustee
Kirk BaileyTrustee
Phyllis CasperTrustee
Terry MangoldTrustee
Georgia GentSecretary
Kent KarnesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$439,924
Program Service Revenue
$0
Investment Income
$-6,662
Other Revenue
$631
All Other Contributions
$381,877
Change in Net Assets
$4,418
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$336,994
Grants and Similar Amounts Paid$92,481
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$92,481--$92,481
Other Expenses$2,848--$2,848
Fees for Service Investment Mgmnt Fees-$1,312-$1,312
All Other Expenses$1,181--$1,181
Fees for Services Accounting-$1,113-$1,113
Insurance-$250-$250
Total Functional Expenses$426,800$2,675$0$429,475
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$614
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Feed the Kids Dinner$58,047---
Total Events$58,047---
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Board reviews 990 for errors prior to filing

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Mid Prairie Community School
EIN
42-1304224
Phone
3196462850
Address
PO BOX 389, KALONA, IA 52356

Signing Officer

Name
Kent Karnes
Title
Treasurer
Signed
2017-04-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeremiah Gingerich
Formed
1987
Legal Domicile
Ia
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
14

Preparer

Firm
LattaHarris LLP
Address
116 West Main, Washington, IA 52353
Preparer
Mitchell Billups
Phone
3196536684
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IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt040781
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0OUTDOOR BUILDING PROJECT EXP
IRS990/OtherExpensesGrp/Desc1FOOD - FEED THE KIDS
IRS990/OtherExpensesGrp/Desc2POST PROM & RENAISSANCE
IRS990/OtherExpensesGrp/Desc3TEACHERS PROMOTION
IRS990/OtherExpensesGrp/ProgramServicesAmt0304572
IRS990/OtherExpensesGrp/ProgramServicesAmt119089
IRS990/OtherExpensesGrp/ProgramServicesAmt26629
IRS990/OtherExpensesGrp/ProgramServicesAmt32848
IRS990/OtherExpensesGrp/TotalAmt0304572
IRS990/OtherExpensesGrp/TotalAmt119089
IRS990/OtherExpensesGrp/TotalAmt26629
IRS990/OtherExpensesGrp/TotalAmt32848
IRS990/OtherRevenueMiscGrp/Desc0REIMBURSEMENTS
IRS990/OtherRevenueMiscGrp/ExclusionAmt017
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt017
IRS990/OtherRevenueTotalAmt017
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0299243
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0394355
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0JEREMIAH GINGERICH
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0694103
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt082198
IRS990/PYInvestmentIncomeAmt013330
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt021834
IRS990/PYOtherRevenueAmt04216
IRS990/PYRevenuesLessExpensesAmt0607617
IRS990/PYTotalExpensesAmt0104032
IRS990/PYTotalRevenueAmt0711649
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt04418
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt086467
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0422863
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0439924
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0694103
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0109297
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0100566
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt053788
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01397678
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0-6031
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt017546
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt017583
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt015380
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt010098
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt054576
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt060
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt060
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0-6031
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt017546
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt017583
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt015380
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt010098
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt054576
IRS990ScheduleA/InvestmentIncomeCYPct00.03760
IRS990ScheduleA/InvestmentIncomePYPct00.06040
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96240
IRS990ScheduleA/PublicSupportPY509Pct00.93960
IRS990ScheduleA/PublicSupportTotal509Amt01397738
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0439924
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0694103
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0109297
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0100566
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt053848
IRS990ScheduleA/Total509Grp/TotalAmt01397738
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0433893
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0711649
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0126880
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0115946
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt063946
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01452314
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt058047
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt058047
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FEED THE KIDS DINNER
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt058047
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt058047
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt092481
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0COLLEGE SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt051
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD REVIEWS 990 FOR ERRORS PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.54$0.00$2.54$0.39$0.27$0.12
2023Detailed filing. Detailed filing data is available for this year.$2.38$0.00$2.38$0.36$0.26$0.10
2022Detailed filing. Detailed filing data is available for this year.$2.18$0.00$2.18$0.36$0.22$0.14
2021Detailed filing. Detailed filing data is available for this year.$2.20$0.00$2.20$0.26$0.14$0.12
2020Detailed filing. Detailed filing data is available for this year.$2.03$0.00$2.03$0.24$0.16$0.08
2019Detailed filing. Detailed filing data is available for this year.$1.90$0.00$1.90$0.35$0.10$0.25
2018Detailed filing. Detailed filing data is available for this year.$1.58$0.00$1.58$0.44$0.13$0.31
2017Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$0.38$0.13$0.24
2016Detailed filing. Detailed filing data is available for this year.$1.04$0.00$1.04$0.43$0.43$0.00
2015Detailed filing. Detailed filing data is available for this year.$1.00$0.00$1.00$0.71$0.10$0.61
2014Detailed filing. Detailed filing data is available for this year.$0.42$0.42$0.13$0.07$0.06
2013Detailed filing. Detailed filing data is available for this year.$0.36$0.36$0.12$0.06$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.00$0.31$0.06$0.06$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.30$0.18$0.16$0.01