Civic Intelligence

Malone Creek Estates Inc

EIN 42-1310795 • 501(c)3 • Independence, IA

Profile

The organization operates an adult daycare facility licensed by the state of Iowa. All activities provide basic assistance to the mentally and physically disabled.

204 2nd Street SWIndependence, IA 50644

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

56th percentile

0.03x

Higher debt load relative to assets than 56% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.05x

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

63rd percentile

11%

Higher net margin than 63% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

94th percentile

$43,691

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 22.7% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

26th percentile

-5.8%

Faster asset growth than 26% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

72nd percentile

25%

Faster revenue growth than 72% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$337,860

Down $20,635 (-5.8%) from 2023

Liabilities

Down

$11,259

Down $41,103 (-78%) from 2023

Net Assets

Up

$326,601

Up $20,468 (+6.7%) from 2023

Revenue

Up

$239,401

Up $48,477 (+25%) from 2023

Expenses

Up

$212,189

Up $10,632 (+5.3%) from 2023

Net Income

Up

$27,212

Up $37,845 (+356%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2012: $414,449Liabilities 2012: $102,028Net Assets 2012: $312,4212012Assets 2013: $398,777Liabilities 2013: $91,433Net Assets 2013: $307,3442013Assets 2014: $433,412Liabilities 2014: $81,377Net Assets 2014: $352,0352014Assets 2015: $428,780Liabilities 2015: $78,724Net Assets 2015: $350,0562015Assets 2016: $446,508Liabilities 2016: $72,426Net Assets 2016: $374,0822016Assets 2017: $456,414Liabilities 2017: $60,533Net Assets 2017: $395,8812017Assets 2018: $450,957Liabilities 2018: $55,932Net Assets 2018: $395,0252018Assets 2019: $401,149Liabilities 2019: $54,238Net Assets 2019: $346,9112019Assets 2020: $403,565Liabilities 2020: $69,771Net Assets 2020: $333,7942020Assets 2021: $388,511Liabilities 2021: $68,509Net Assets 2021: $320,0022021Assets 2022: $367,090Liabilities 2022: $54,017Net Assets 2022: $313,0732022Assets 2023: $358,495Liabilities 2023: $52,362Net Assets 2023: $306,1332023Assets 2024: $337,860Liabilities 2024: $11,259Net Assets 2024: $326,6012024

Highlighted filing

2024

Assets$337,860
Liabilities$11,259
Net Assets$326,601

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2012: $222,922Expenses 2012: $251,620Net Income 2012: -$28,6982012Revenue 2013: $216,983Expenses 2013: $222,060Net Income 2013: -$5,0772013Revenue 2014: $257,367Expenses 2014: $212,676Net Income 2014: $44,6912014Revenue 2015: $222,662Expenses 2015: $224,641Net Income 2015: -$1,9792015Revenue 2016: $235,741Expenses 2016: $211,715Net Income 2016: $24,0262016Revenue 2017: $242,799Expenses 2017: $221,001Net Income 2017: $21,7982017Revenue 2018: $234,015Expenses 2018: $234,871Net Income 2018: -$8562018Revenue 2019: $177,128Expenses 2019: $225,242Net Income 2019: -$48,1142019Revenue 2020: $197,642Expenses 2020: $210,759Net Income 2020: -$13,1172020Revenue 2021: $187,763Expenses 2021: $201,555Net Income 2021: -$13,7922021Revenue 2022: $192,516Expenses 2022: $199,445Net Income 2022: -$6,9292022Revenue 2023: $190,924Expenses 2023: $201,557Net Income 2023: -$10,6332023Revenue 2024: $239,401Expenses 2024: $212,189Net Income 2024: $27,2122024

Highlighted filing

2024

Revenue$239,401
Expenses$212,189
Net Income$27,212

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$513,198
Mission and Program Overview

Mission

The organization operates an adult daycare facility licensed by the state of Iowa. All activities provide basic assistance to the mentally and physically disabled.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$292,426-
Land, Buildings, and Equipment, Net$267,371$0▼ $267,371
Accounts Receivable$41,676$25,063▼ $16,613
Investments in Publicly Traded Securities$18,329$14,404▼ $3,925
Cash and Non-Interest-Bearing Accounts$31,119$5,967▼ $25,152
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$358,495$337,860▼ $20,635
Other Assets Total-$0-
Liabilities
Other Liabilities$28,350--
Mortgage Notes Payable Secured by Investment Property$11,829--
Accounts Payable and Accrued Expenses$12,183$11,259▼ $924
Total Liabilities$52,362$11,259▼ $41,103
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$306,133$326,601▲ $20,468
Total Net Assets Fund Balance$306,133$326,601▲ $20,468
Total Liabilities and Net Assets / Fund Balance$358,495$337,860▼ $20,635

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$45,226$45,226
Other Land Buildings-$24,653$24,653
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jaci WeberExecutive DirectorFT$42,040$42,040

Board Members and Trustees

NameTitle
Brian WhitePresident
Victoria ReinkoesterVice President
Bonita DavisDirector
Katie ElliottDirector
Kurt HouseDirector
Scott DavisDirector
Kristi VandenburgSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$860
Program Service Revenue
$158,380
Investment Income
$51,811
Other Revenue
$28,350
All Other Contributions
$860
Change in Net Assets
$27,212
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$154,773
Other Expenses$57,416
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$96,647$5,087-$101,734
Current Officers, Directors, Trustees, and Key Employees$39,938$2,102-$42,040
Occupancy$7,000$10,500-$17,500
Payroll Taxes$10,449$550-$10,999
Insurance$4,342$4,342-$8,684
All Other Expenses$4,161$1,337-$5,498
Fees for Services Accounting-$4,350-$4,350
Other Expenses$1,619$1,619-$3,238
Advertising-$720-$720
Interest-$137-$137
Total Functional Expenses$165,442$46,747$0$212,189
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
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
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
Yes
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 A, Line 2

Scott Davis, a director is the son of Bonita Davis, also a director.

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

The governing body reviews the form 990 at its first regular meeting subsequent to its filing.

Form 990, Part VI, Section B, Line 15A

Salaries are reviewed with comparisons to other similar agencies and the range of salaries within the county.

Form 990, Part VI, Section C, Line 19

The organization retains a copy of the form 990 and makes it available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Malone Creek Estates Inc
EIN
42-1310795
Address
204 2ND STREET SW, INDEPENDENCE, IA 50644

Signing Officer

Name
Jaci Weber
Title
Executive Director
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian White
Formed
1986
Legal Domicile
Ia
Voting Board Members
7
Independent Board Members
0
Employees
9

Preparer

Firm
Potter & Brant Plc
Address
31 PLAZA DRIVE, CLEAR LAKE, IA 50428
Preparer
Kristan M Brant CPA
Phone
6413575291
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IRS990/ProgramServiceRevenueGrp/BusinessCd0624100
IRS990/ProgramServiceRevenueGrp/Desc0SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0158380
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0158380
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt012296
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03123
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt058313
IRS990/PYOtherRevenueAmt0-4417
IRS990/PYProgramServiceRevenueAmt0179922
IRS990/PYRevenuesLessExpensesAmt0-10633
IRS990/PYSalariesCompEmpBnftPaidAmt0143244
IRS990/PYTotalExpensesAmt0201557
IRS990/PYTotalRevenueAmt0190924
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt027212
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0292426
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0159241
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0187616
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0190214
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0162014
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0217511
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0916596
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0-3925
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03123
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02302
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02977
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04478
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt022772
IRS990ScheduleA/OtherIncome170Grp/TotalAmt022772
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97110
IRS990ScheduleA/PublicSupportPY170Pct00.96800
IRS990ScheduleA/PublicSupportTotal170Amt0916596
IRS990ScheduleA/SubstantialContributorsTotAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0159241
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0187616
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0190214
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0162014
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0217511
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0916596
IRS990ScheduleA/TotalSupportAmt0943846
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt045226
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt045226
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt024653
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt024653
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Scott Davis, a director is the son of Bonita Davis, also a director.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The governing body reviews the form 990 at its first regular meeting subsequent to its filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Salaries are reviewed with comparisons to other similar agencies and the range of salaries within the county.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization retains a copy of the form 990 and makes it available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0358495
IRS990/TotalAssetsEOYAmt0337860
IRS990/TotalAssetsGrp/BOYAmt0358495
IRS990/TotalAssetsGrp/EOYAmt0337860
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0860
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt046747
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0165442
IRS990/TotalFunctionalExpensesGrp/TotalAmt0212189
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt052362
IRS990/TotalLiabilitiesEOYAmt011259
IRS990/TotalLiabilitiesGrp/BOYAmt052362
IRS990/TotalLiabilitiesGrp/EOYAmt011259
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0306133
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0326601
IRS990/TotalProgramServiceExpensesAmt0165442
IRS990/TotalProgramServiceRevenueAmt0158380
IRS990/TotalReportableCompFromOrgAmt042040
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0238541
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0239401
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0358495
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0337860
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0204 2ND STREET SW
IRS990/USAddress/CityNm0INDEPENDENCE
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd050644
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JACI WEBER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MALONE CREEK ESTATES INC

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