Civic Intelligence

Historic Valley Junction Foundation

990 • Fiscal year 2021 • EIN 42-1338090

Jan 01, 2021 to Dec 31, 2021 • Filed on May 13, 2022

Organization ProfileWWW.VALLEYJUNCTION.COM
137 5th StreetWest Des Moines, IA 50265

(515) 222-3642

Siviq Scores

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

Liabilities / Assets

68th percentile

0.02x

Higher debt load relative to assets than 68% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

68th percentile

0.02x

Higher debt load relative to revenue than 68% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

65th percentile

20%

Higher net margin than 65% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

87th percentile

$27,462

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

73rd percentile

31%

Faster asset growth than 73% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

35th percentile

-14%

Faster revenue growth than 35% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets68th percentile

Assets

Up

$373,336

Up $89,046 (+31%) from 2020

Net Assets

Up

$365,476

Up $83,637 (+30%) from 2020

Liabilities

Up

$7,860

Up $5,409 (+221%) from 2020

Revenue And Expenses
Liabilities / Revenue68th percentileNet Margin65th percentile

Revenue

Down

$409,155

Down $67,807 (-14%) from 2020

Expenses

Down

$325,518

Down $41,883 (-11%) from 2020

Net Income

Down

$83,637

Down $25,924 (-24%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth73rd percentile

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

$400K$200K$0-$200KAssets 2011: $66,054Liabilities 2011: $7,391Net Assets 2011: $58,6632011Assets 2012: $41,401Liabilities 2012: $28,326Net Assets 2012: $13,0752012Assets 2013: $21,914Liabilities 2013: $28,747Net Assets 2013: -$6,8332013Assets 2014: $10,998Liabilities 2014: $25,466Net Assets 2014: -$14,4682014Assets 2015: $5,866Liabilities 2015: $24,915Net Assets 2015: -$19,0492015Assets 2016: $5,173Liabilities 2016: $5,140Net Assets 2016: $332016Assets 2017: $39,663Liabilities 2017: $6,257Net Assets 2017: $33,4062017Assets 2018: $285,942Liabilities 2018: $3,642Net Assets 2018: $282,3002018Assets 2019: $175,151Liabilities 2019: $2,873Net Assets 2019: $172,2782019Assets 2020: $284,290Liabilities 2020: $2,451Net Assets 2020: $281,8392020Assets 2021: $373,336Liabilities 2021: $7,860Net Assets 2021: $365,4762021Assets 2022: $398,381Liabilities 2022: $15,460Net Assets 2022: $382,9212022Assets 2023: $344,064Liabilities 2023: $17,367Net Assets 2023: $326,6972023Assets 2024: $364,117Liabilities 2024: $23,569Net Assets 2024: $340,5482024

Highlighted filing

2021

Assets$373,336
Liabilities$7,860
Net Assets$365,476
Open 2021 Filing

Operations Trend

Revenue Growth35th percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $557,9542011Revenue 2012: $1,077,445Expenses 2012: $1,123,033Net Income 2012: -$45,5882012Expenses 2013: $510,8132013Revenue 2014: $476,180Expenses 2014: $483,815Net Income 2014: -$7,6352014Revenue 2015: $514,012Expenses 2015: $517,236Net Income 2015: -$3,2242015Revenue 2016: $493,862Expenses 2016: $474,780Net Income 2016: $19,0822016Revenue 2017: $693,220Expenses 2017: $659,847Net Income 2017: $33,3732017Revenue 2018: $849,541Expenses 2018: $600,647Net Income 2018: $248,8942018Revenue 2019: $739,926Expenses 2019: $849,948Net Income 2019: -$110,0222019Revenue 2020: $476,962Expenses 2020: $367,401Net Income 2020: $109,5612020Revenue 2021: $409,155Expenses 2021: $325,518Net Income 2021: $83,6372021Revenue 2022: $466,216Expenses 2022: $448,771Net Income 2022: $17,4452022Revenue 2023: $502,155Expenses 2023: $558,379Net Income 2023: -$56,2242023Revenue 2024: $564,967Expenses 2024: $551,117Net Income 2024: $13,8502024

Highlighted filing

2021

Revenue$409,155
Expenses$325,518
Net Income$83,637
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 13, 2022
Return Version
2021v4.0
Gross Receipts
$409,155
Mission and Program Overview

Mission

To inspire and enhance the evolution of the original historic valley junction district by preserving and sharing the history, attracting and supporting small businesses, and engaging and connecting the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$106,059$185,642▲ $79,583
Savings and Temporary Cash Investments$176,947$177,118▲ $171
Land, Buildings, and Equipment, Net$1,284$10,576▲ $9,292
Total Assets$284,290$373,336▲ $89,046
Liabilities
Other Liabilities$2,451$7,860▲ $5,409
Total Liabilities$2,451$7,860▲ $5,409
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$281,839$365,476▲ $83,637
Total Net Assets Fund Balance$281,839$365,476▲ $83,637
Total Liabilities and Net Assets / Fund Balance$284,290$373,336▲ $89,046

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$10,576$8,540$19,116
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Steve FrevertExecutive DiFT$27,462$27,462

Board Members and Trustees

NameTitle
Meredith WellsPresident
Brian FoxBoard Direct
Cindy BoeyinkBoard Direct
Felicia CoeBoard Direct
Kevin TrevillyanBoard Direct
Mark GoodrichBoard Direct
Lynnae Marty HentzenSecretary
Jason KeigleyTreasurer
Ryan CooperVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$177,504
Program Service Revenue
$230,947
Investment Income
$704
Other Revenue
$0
All Other Contributions
$48,107
Change in Net Assets
$83,637
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$222,378
Salaries, Compensation, and Employee Benefits$103,140
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$29,650$66,160-$95,810
Insurance$7,534--$7,534
Payroll Taxes$2,268$5,062-$7,330
Fees for Services Accounting-$7,145-$7,145
Office Expenses-$4,675-$4,675
All Other Expenses$3,660--$3,660
Other Expenses$7,111$3,257-$3,257
Travel-$2,375-$2,375
Fees for Services Legal-$2,278-$2,278
Occupancy-$1,485-$1,485
Depreciation Depletion$875--$875
Fees for Services Other$248--$248
Total Functional Expenses$233,081$92,437$0$325,518
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 Cards$4,260
Payroll Liabilities$3,600
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
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, Page 6, Part VI, Line 7A

“The president and board of directors have the ability to appoint members of the governing body.”

Form 990, Page 6, Part VI, Line 11B

“The executive board reviews and approves a copy of the tax return before it is filed.”

Form 990, Page 6, Part VI, Line 12C

“Conflict of interests are disclosed annually.”

Form 990, Page 6, Part VI, Line 15B

“Executive director compensation is determined annually at a board of directors meeting.”

Form 990, Page 6, Part VI, Line 19

“Governing documents, policies and financial statements are available upon request. All other information is provided on the organization's website.”

Filing and Contact Details

Filer

Filer Name
Historic Valley Junction Foundation
EIN
42-1338090
Phone
5152223642
Address
137 5TH STREET, WEST DES MOINES, IA 50265

Signing Officer

Name
Meredith Wells
Title
President
Phone
5157209467
Signed
2022-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Meredith Wells
Formed
1987
Legal Domicile
Ia
Voting Board Members
8
Independent Board Members
8
Employees
6
Volunteers
175

Preparer

Firm
Thorntree CPA Services LLC
Address
5623 NW 86TH ST STE 400, JOHNSTON, IA 50131-2956
Preparer
Anne T Elliott CPA
Phone
5157276218
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“The organization hosts special events throughout the year to promote and revitalize the historic valley junction area of west des moines, iowa. Some of these events include music in the junction, farmers' market, jingle in the junction, july 3rd street party, cinco de mayo, antique jamboree and the art market.”

Raw XML Appendix400 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO INSPIRE AND ENHANCE THE EVOLUTION OF THE ORIGINAL HISTORIC VALLEY JUNCTION DISTRICT BY PRESERVING AND SHARING THE HISTORY, ATTRACTING AND SUPPORTING SMALL BUSINESSES, AND ENGAGING AND CONNECTING THE COMMUNITY.
IRS990/AllOtherContributionsAmt048107
IRS990/AllOtherExpensesGrp/ProgramServicesAmt03660
IRS990/AllOtherExpensesGrp/TotalAmt03660
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/PersonNm0HISTORIC VALLEY JUNCTION FOUNDATION
IRS990/BooksInCareOfDetail/PhoneNum05152223642
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0137 5TH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0WEST DES MOINES
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd050265
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0106059
IRS990/CashNonInterestBearingGrp/EOYAmt0185642
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0177504
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0704
IRS990/CYOtherExpensesAmt0222378
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0230947
IRS990/CYRevenuesLessExpensesAmt083637
IRS990/CYSalariesCompEmpBnftPaidAmt0103140
IRS990/CYTotalExpensesAmt0325518
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0409155
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0875
IRS990/DepreciationDepletionGrp/TotalAmt0875
IRS990/Desc0THE ORGANIZATION HOSTS SPECIAL EVENTS THROUGHOUT THE YEAR TO PROMOTE AND REVITALIZE THE HISTORIC VALLEY JUNCTION AREA OF WEST DES MOINES, IOWA. SOME OF THESE EVENTS INCLUDE MUSIC IN THE JUNCTION, FARMERS' MARKET, JINGLE IN THE JUNCTION, JULY 3RD STREET PARTY, CINCO DE MAYO, ANTIQUE JAMBOREE AND THE ART MARKET. MANY OF THESE VENUES PROVIDE FAMILY FRIENDLY ACTIVITIES TO ENHANCE COMMUNITY INVOLVMENT AND TO SHOWCASE THE HISTORIC ARCHITECTURE OF THE COMMUNITY. THE COVID-19 PANDEMIC IMPACTED THE ABILITY TO HOLD SOME EVENTS DURING 2021.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0228913
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07145
IRS990/FeesForServicesAccountingGrp/TotalAmt07145
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt02278
IRS990/FeesForServicesLegalGrp/TotalAmt02278
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0248
IRS990/FeesForServicesOtherGrp/TotalAmt0248
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt65.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt85.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt95.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0MEREDITH WELLS
IRS990/Form990PartVIISectionAGrp/PersonNm1LYNNAE MARTY HENTZEN
IRS990/Form990PartVIISectionAGrp/PersonNm2RYAN COOPER
IRS990/Form990PartVIISectionAGrp/PersonNm3JASON KEIGLEY
IRS990/Form990PartVIISectionAGrp/PersonNm4MARK GOODRICH
IRS990/Form990PartVIISectionAGrp/PersonNm5BRIAN FOX
IRS990/Form990PartVIISectionAGrp/PersonNm6KEVIN TREVILLYAN
IRS990/Form990PartVIISectionAGrp/PersonNm7STEVE FREVERT
IRS990/Form990PartVIISectionAGrp/PersonNm8FELICIA COE
IRS990/Form990PartVIISectionAGrp/PersonNm9CINDY BOEYINK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt727462
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD DIRECT
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD DIRECT
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD DIRECT
IRS990/Form990PartVIISectionAGrp/TitleTxt7EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD DIRECT
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD DIRECT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01987
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0500
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt0129397
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0500
IRS990/GrossReceiptsAmt0409155
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt08
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt07534
IRS990/InsuranceGrp/TotalAmt07534
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0204
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0204
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt018
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt08540
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01284
IRS990/LandBldgEquipBasisNetGrp/EOYAmt010576
IRS990/LandBldgEquipCostOrOtherBssAmt019116
IRS990/LegalDomicileStateCd0IA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO INSPIRE AND ENHANCE THE EVOLUTION OF THE ORIGINAL HISTORIC VALLEY JUNCTION DISTRICT BY PRESERVING AND SHARING THE HISTORY, ATTRACTING AND SUPPORTING SMALL BUSINESSES, AND ENGAGING AND CONNECTING THE COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0281839
IRS990/NetAssetsOrFundBalancesEOYAmt0365476
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0500
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0500
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0281839
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0365476
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt01485
IRS990/OccupancyGrp/TotalAmt01485
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04675
IRS990/OfficeExpensesGrp/TotalAmt04675
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0SPECIAL EVENT EXPENSES
IRS990/OtherExpensesGrp/Desc1COMMITTEE EXPENSES
IRS990/OtherExpensesGrp/Desc2LEASE EQUIPMENT
IRS990/OtherExpensesGrp/Desc3BANK FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03257
IRS990/OtherExpensesGrp/ProgramServicesAmt0166375
IRS990/OtherExpensesGrp/ProgramServicesAmt115360
IRS990/OtherExpensesGrp/ProgramServicesAmt27111
IRS990/OtherExpensesGrp/TotalAmt0166375
IRS990/OtherExpensesGrp/TotalAmt115360
IRS990/OtherExpensesGrp/TotalAmt27111
IRS990/OtherExpensesGrp/TotalAmt33257
IRS990/OtherLiabilitiesGrp/BOYAmt02451
IRS990/OtherLiabilitiesGrp/EOYAmt07860
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt066160
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt029650
IRS990/OtherSalariesAndWagesGrp/TotalAmt095810
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05062
IRS990/PayrollTaxesGrp/ProgramServicesAmt02268
IRS990/PayrollTaxesGrp/TotalAmt07330
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MEREDITH WELLS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0SPECIAL EVENTS
IRS990/ProgramServiceRevenueGrp/Desc1TRASH CO-OP
IRS990/ProgramServiceRevenueGrp/Desc2COMMITTEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc3MISCELLANEOUS INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0198391
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt125727
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt25200
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31629
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0198391
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt125727
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt25200
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31629
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE ORGANIZATION HOSTS SPECIAL EVENTS THROUGHOUT THE YEAR TO PROMOTE AND REVITALIZE THE HISTORIC VALLEY JUNCTION AREA OF WEST DES MOINES, IOWA. SOME OF THESE EVENTS INCLUDE MUSIC IN THE JUNCTION, FARMERS' MARKET, JINGLE IN THE JUNCTION, JULY 3RD STREET PARTY, CINCO DE MAYO, ANTIQUE JAMBOREE AND THE ART MARKET.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt04168
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0381911
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0169
IRS990/PYOtherExpensesAmt0250753
IRS990/PYProgramServiceRevenueAmt094882
IRS990/PYRevenuesLessExpensesAmt0109561
IRS990/PYSalariesCompEmpBnftPaidAmt0116648
IRS990/PYTotalExpensesAmt0367401
IRS990/PYTotalRevenueAmt0476962
IRS990/ReconcilationRevenueExpnssAmt083637
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0230947
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0176947
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0177118
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0177504
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0381911
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0466825
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0563998
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0381365
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01971603
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0204
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0169
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0583
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0185
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt031
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01172
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01196701
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99940
IRS990ScheduleA/PublicSupportPY170Pct00.99950
IRS990ScheduleA/PublicSupportTotal170Amt01971603
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0177504
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0381911
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0466825
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0563998
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0381365
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01971603
IRS990ScheduleA/TotalSupportAmt01972775
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt010576
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08540
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt019116
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04260
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13600
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0GIFT CARDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010576
IRS990ScheduleD/TotalLiabilityAmt07860
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HOSTS SPECIAL EVENTS THROUGHOUT THE YEAR TO PROMOTE AND REVITALIZE THE HISTORIC VALLEY JUNCTION AREA OF WEST DES MOINES, IOWA. SOME OF THESE EVENTS INCLUDE MUSIC IN THE JUNCTION, FARMERS' MARKET, JINGLE IN THE JUNCTION, JULY 3RD STREET PARTY, CINCO DE MAYO, ANTIQUE JAMBOREE AND THE ART MARKET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PRESIDENT AND BOARD OF DIRECTORS HAVE THE ABILITY TO APPOINT MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE BOARD REVIEWS AND APPROVES A COPY OF THE TAX RETURN BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONFLICT OF INTERESTS ARE DISCLOSED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EXECUTIVE DIRECTOR COMPENSATION IS DETERMINED ANNUALLY AT A BOARD OF DIRECTORS MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. ALL OTHER INFORMATION IS PROVIDED ON THE ORGANIZATION'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0284290
IRS990/TotalAssetsEOYAmt0373336
IRS990/TotalAssetsGrp/BOYAmt0284290
IRS990/TotalAssetsGrp/EOYAmt0373336
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0177504
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt092437
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0233081
IRS990/TotalFunctionalExpensesGrp/TotalAmt0325518
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02451
IRS990/TotalLiabilitiesEOYAmt07860
IRS990/TotalLiabilitiesGrp/BOYAmt02451
IRS990/TotalLiabilitiesGrp/EOYAmt07860
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0281839
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0365476
IRS990/TotalOtherProgSrvcExpenseAmt04168
IRS990/TotalProgramServiceExpensesAmt0233081
IRS990/TotalProgramServiceRevenueAmt0230947
IRS990/TotalReportableCompFromOrgAmt027462
IRS990/TotalRevenueGrp/ExclusionAmt0500
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0231151
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0409155
IRS990/TotalVolunteersCnt0175
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0284290
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0373336
IRS990/TravelGrp/ManagementAndGeneralAmt02375
IRS990/TravelGrp/TotalAmt02375
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0137 5TH ST
IRS990/USAddress/CityNm0WEST DES MOINES
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd050265
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.VALLEYJUNCTION.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MEREDITH WELLS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05157209467
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HISTORIC VALLEY JUNCTION FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0HIST
ReturnHeader/Filer/EIN0421338090
ReturnHeader/Filer/PhoneNum05152223642
ReturnHeader/Filer/USAddress/AddressLine1Txt0137 5TH STREET
ReturnHeader/Filer/USAddress/CityNm0WEST DES MOINES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050265
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0872222846
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THORNTREE CPA SERVICES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05623 NW 86TH ST STE 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0JOHNSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0501312956
ReturnHeader/PreparerPersonGrp/PhoneNum05157276218
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANNE T ELLIOTT CPA
ReturnHeader/ReturnTs02022-05-19T10:10:34-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MEREDITH
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WELLS
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$373,336
Liabilities
$7,860
Net assets
$365,476
Revenue
$409,155
Expenses
$325,518
Net income
$83,637
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.36$0.02$0.34$0.56$0.55$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.34$0.02$0.33$0.50$0.56$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.40$0.02$0.38$0.47$0.45$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.37$0.01$0.37$0.41$0.33$0.08
2020Detailed filing. Detailed filing data is available for this year.$0.28$0.00$0.28$0.48$0.37$0.11
2019Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.17$0.74$0.85$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.28$0.85$0.60$0.25
2017Detailed filing. Detailed filing data is available for this year.$0.04$0.01$0.03$0.69$0.66$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.00$0.49$0.47$0.02
2015Summary only. Only limited summary data is available for this year.$0.01$0.02$0.02$0.51$0.52$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.01$0.03$0.01$0.48$0.48$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.03$0.01$0.51
2012Summary only. Only limited summary data is available for this year.$0.04$0.03$0.01$1.08$1.12$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.01$0.06$0.56