Civic Intelligence

MID Prairie Community School District Foundation

990 • Fiscal year 2017 • EIN 42-1304224

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 02, 2018

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.

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

Liabilities / Revenue

14th percentile

0.00x

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

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

Net Margin

94th percentile

64%

Higher net margin than 94% of similar nonprofits.

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

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.

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

Asset Growth

85th percentile

27%

Faster asset growth than 85% of similar nonprofits.

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

Revenue Growth

17th percentile

-13%

Faster revenue growth than 17% of similar nonprofits.

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

Assets

Up

$1,327,696

Up $285,977 (+27%) from 2016

Net Assets

Up

$1,327,696

Up $285,977 (+27%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$375,761

Down $58,132 (-13%) from 2016

Expenses

Down

$134,276

Down $295,199 (-69%) from 2016

Net Income

Up

$241,485

Up $237,067 (+5366%) from 2016

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

2017

Assets$1,327,696
Liabilities$0
Net Assets$1,327,696

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

2017

Revenue$375,761
Expenses$134,276
Net Income$241,485
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 2, 2018
Return Version
2017v2.2
Gross Receipts
$414,439
Mission and Program Overview

Mission

The foundation's 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.

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
Cash and Non-Interest-Bearing Accounts$234,601$459,638▲ $225,037
Investments in Publicly Traded Securities$384,255$441,482▲ $57,227
Savings and Temporary Cash Investments$422,863$426,576▲ $3,713
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$1,041,719$1,327,696▲ $285,977
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$647,364$885,014▲ $237,650
Permanently Rstr Net Assets$394,355$442,682▲ $48,327
Total Net Assets Fund Balance$1,041,719$1,327,696▲ $285,977
Total Liabilities and Net Assets / Fund Balance$1,041,719$1,327,696▲ $285,977
Compensation and Service Providers

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$356,808
Program Service Revenue
$0
Investment Income
$18,953
Other Revenue
$0
All Other Contributions
$301,820
Change in Net Assets
$241,485
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$87,380
Other Expenses$45,838
Professional Fundraising Fees$1,058
Total Fundraising Expense$1,058
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$84,329--$84,329
Grants to Domestic Orgs$3,051--$3,051
All Other Expenses$1,484$666-$2,150
Fees for Service Investment Mgmnt Fees-$2,032-$2,032
Fees for Services Professional Fundraising--$1,058$1,058
Other Expenses$1,055--$1,055
Fees for Services Accounting-$695-$695
Insurance-$250-$250
Total Functional Expenses$129,575$3,643$1,058$134,276
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$1,058

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Feed the Kids Dinner$54,988---
Total Events$54,988---
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
2018-04-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeremiah Gingerich
Formed
1987
Legal Domicile
Ia
Voting Board Members
11
Independent Board Members
12
Employees
0
Volunteers
14

Preparer

Firm
AllenMitchell LLP
Address
109 E Main St, Washington, IA 52353
Preparer
Mitchell D Billups
Phone
3195918770
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0FOOD - FEED THE KIDS
IRS990/OtherExpensesGrp/Desc1POST PROM & RENAISSANCE
IRS990/OtherExpensesGrp/Desc2PROJECT EXPENSES
IRS990/OtherExpensesGrp/Desc3TEACHERS PROMOTION
IRS990/OtherExpensesGrp/ProgramServicesAmt026389
IRS990/OtherExpensesGrp/ProgramServicesAmt111947
IRS990/OtherExpensesGrp/ProgramServicesAmt21320
IRS990/OtherExpensesGrp/ProgramServicesAmt31055
IRS990/OtherExpensesGrp/TotalAmt026389
IRS990/OtherExpensesGrp/TotalAmt111947
IRS990/OtherExpensesGrp/TotalAmt21320
IRS990/OtherExpensesGrp/TotalAmt31055
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0394355
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0442682
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0JEREMIAH GINGERICH
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0439924
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt092481
IRS990/PYInvestmentIncomeAmt0-6662
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0336994
IRS990/PYOtherRevenueAmt0631
IRS990/PYRevenuesLessExpensesAmt04418
IRS990/PYTotalExpensesAmt0429475
IRS990/PYTotalRevenueAmt0433893
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0241485
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0422863
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0426576
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0356808
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0439924
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0694103
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0109297
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0100566
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01700698
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt012010
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0-6031
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt017546
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt017583
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt015380
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt056488
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt012010
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0-6031
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt017546
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt017583
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt015380
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt056488
IRS990ScheduleA/InvestmentIncomeCYPct00.03210
IRS990ScheduleA/InvestmentIncomePYPct00.03760
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96790
IRS990ScheduleA/PublicSupportPY509Pct00.96240
IRS990ScheduleA/PublicSupportTotal509Amt01700698
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0356808
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0439924
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0694103
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0109297
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0100566
IRS990ScheduleA/Total509Grp/TotalAmt01700698
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0368818
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0433893
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0711649
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0126880
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0115946
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01757186
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt054988
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt054988
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FEED THE KIDS DINNER
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt054988
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt054988
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt084329
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
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01041719
IRS990/TotalAssetsEOYAmt01327696
IRS990/TotalAssetsGrp/BOYAmt01041719
IRS990/TotalAssetsGrp/EOYAmt01327696
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0356808
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01058
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03643
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0129575
IRS990/TotalFunctionalExpensesGrp/TotalAmt0134276
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01041719

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