Civic Intelligence

Lake Manawa Sailing Association

EIN 42-1343833 • 501(c)7 • Council Bluffs, IA

990-N Coverage

Profile

Recreation

812 Comanche StreetCouncil Bluffs, IA 51501

sailmanawa.com

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Higher debt load relative to assets than 59% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

61st percentile

0.00x

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

501(c)7 • <$500k nonprofits • Source year 2023

Net Margin

28th percentile

-6.3%

Higher net margin than 28% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

41st percentile

-2.4%

Faster asset growth than 41% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

11th percentile

-36%

Faster revenue growth than 11% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$242,923

Up $1,007 (+0.4%) from 2023

Liabilities

Down

$0

Down $395 (-100%) from 2023

Net Assets

Up

$242,923

Up $1,402 (+0.6%) from 2023

Operations
Liabilities / Revenue61st percentileNet Margin28th percentile

Revenue

Up

$96,309

Up $437 (+0.5%) from 2023

Expenses

Down

$101,010

Down $859 (-0.8%) from 2023

Net Income

Up

-$4,701

Up $1,296 (+22%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth41st percentile

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

$300K$200K$100K$0-$100KAssets 2017: $153,757Liabilities 2017: $02017Assets 2018: $150,701Liabilities 2018: $02018Assets 2019: $177,259Liabilities 2019: $18,8162019Assets 2020: $185,362Liabilities 2020: -$14,5972020Assets 2021: $188,769Liabilities 2021: $9,863Net Assets 2021: $178,9062021Assets 2022: $247,913Liabilities 2022: $5,129Net Assets 2022: $242,7842022Assets 2023: $241,916Liabilities 2023: $395Net Assets 2023: $241,5212023Assets 2024: $242,923Liabilities 2024: $0Net Assets 2024: $242,9232024

Highlighted filing

2024

Assets$242,923
Liabilities$0
Net Assets$242,923
Open 2024 Filing

Operations Trend

Revenue Growth11th percentile

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

$150K$100K$50K$0-$50KRevenue 2017: $54,408Expenses 2017: $48,597Net Income 2017: $5,8112017Revenue 2018: $64,536Expenses 2018: $85,933Net Income 2018: -$21,3972018Revenue 2019: $80,804Expenses 2019: $71,257Net Income 2019: $9,5472019Revenue 2020: $79,559Expenses 2020: $72,956Net Income 2020: $6,6032020Revenue 2021: $87,106Expenses 2021: $83,699Net Income 2021: $3,4072021Revenue 2022: $149,267Expenses 2022: $137,825Net Income 2022: $11,4422022Revenue 2023: $95,872Expenses 2023: $101,869Net Income 2023: -$5,9972023Revenue 2024: $96,309Expenses 2024: $101,010Net Income 2024: -$4,7012024

Highlighted filing

2024

Revenue$96,309
Expenses$101,010
Net Income-$4,701
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$242,923
Liabilities
$0
Net assets
$242,923
Revenue
$96,309
Expenses
$101,010
Net income
-$4,701
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.43$0.00$2.43$0.96$1.01$0.05
2023Detailed filing. Detailed filing data is available for this year.$2.42$0.00$2.42$0.96$1.02$0.06
2022Detailed filing. Detailed filing data is available for this year.$2.48$0.05$2.43$1.49$1.38$0.11
2021Detailed filing. Detailed filing data is available for this year.$1.89$0.10$1.79$0.87$0.84$0.03
2020Summary only. Only limited summary data is available for this year.$1.85$0.15$0.80$0.73$0.07
2019Summary only. Only limited summary data is available for this year.$1.77$0.19$0.81$0.71$0.10
2018Summary only. Only limited summary data is available for this year.$1.51$0.00$0.65$0.86$0.21
2017Summary only. Only limited summary data is available for this year.$1.54$0.00$0.54$0.49$0.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 4, 2025
Return Version
2024v5.0
Gross Receipts
$96,309
Mission and Program Overview

Mission

Recreation

Program Services

DescriptionGrantsExpenses
Sail boating recreational services, boat parking, sailboat races, sailing school, and use of docks--250 benefited Sailing Education 70 students Social functions: Gatherings, etc. Approximately 250 benefited--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Matt VolenecFacility ManagerPT$17,677-$17,677
Teresa SilencePresidentPT$0--
Chris PooreDirector-$0--
Phil LeeDirector-$0--
Pell DuvallDirector-$0--
Patrick LeahyDirector-$0--
Annette LeudtkeDirector-$0--
Mary DircksDirector-$0--
Paul BrasherDirector-$0--
Margaret ScofieldTreasurer-$0--
Mike ReckerDirector-$0--
Filing and Contact Details

Filer

Filer Name
Lake Manawa Sailing Association
EIN
42-1343833
Phone
7122563832
Address
812 Comanche Street, Council Bluffs, IA 51501

Signing Officer

Name
Margaret Scofield
Title
Treasurer
Phone
4024935994
Signed
2025-04-04
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Description;Amount^Club Boats;2404|Club Supplies;478|Dock Day;702|Donations to other Organizations;1000|Insurance and Bonds;17136|LMSA Luncheon;257|Office Expenses;803|Racing Support;2680|Sailing School;1901|Social Events;1903^Total;29264^”

Form 990-EZ, Part I, Line 20

“Description;Amount^2024 Payment for Kubota Tractor Purchase Contract;395|2024 Purchase of Skagg Lawn Mower;5708^Total;6103^”

Form 990-EZ, Part II, Line 24

“Description;EOY Amount^boats;92664|docks;56800|tractors;52570|Skagg lawn mower;5708|Miscellaneous;4617^Total;212359^”

Form 990-EZ, Part II, Line 26

“Description;EOY Amount^2024 Balance remaining on Kubotaa Tractor purchase;0^Total;0^”

Raw XML Appendix169 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
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IRS990EZ/BenefitsPaidToOrForMembersAmt00
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IRS990EZ/BooksInCareOfDetail/PhoneNum04024935994
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0812 Comanche Street
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Council Bluffs
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd051501
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt035265
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IRS990EZ/DirectIndirectPltclExpendAmt00
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IRS990EZ/ExcessOrDeficitForYearAmt0-4701
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IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt096309
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
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IRS990EZ/LandAndBuildingsGrp/BOYAmt00
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IRS990EZ/NetAssetsOrFundBalancesBOYAmt0241521
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IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0241521
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt915.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt100.5
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt917677
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Teresa Silence
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Chris Poore
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Phil Lee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Pell Duvall
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Patrick Leahy
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Annette Leudtke
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Mary Dircks
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Paul Brasher
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Margaret Scofield
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9Matt Volenec
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10Mike Recker
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Facility Manager
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10Director
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0206651
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0212359
IRS990EZ/OtherChangesInNetAssetsAmt06103
IRS990EZ/OtherExpensesTotalAmt029264
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Recreation
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt064080
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Sail boating recreational services, boat parking, sailboat races, sailing school, and use of docks--250 benefited Sailing Education 70 students Social functions: Gatherings, etc. Approximately 250 benefited
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SaleOfAssetsGrossAmt00
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IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt0101010
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt096309
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0sailmanawa.com
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^Club Boats;2404|Club Supplies;478|Dock Day;702|Donations to other Organizations;1000|Insurance and Bonds;17136|LMSA Luncheon;257|Office Expenses;803|Racing Support;2680|Sailing School;1901|Social Events;1903^Total;29264^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;Amount^2024 Payment for Kubota Tractor Purchase Contract;395|2024 Purchase of Skagg Lawn Mower;5708^Total;6103^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description;EOY Amount^boats;92664|docks;56800|tractors;52570|Skagg lawn mower;5708|Miscellaneous;4617^Total;212359^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description;EOY Amount^2024 Balance remaining on Kubotaa Tractor purchase;0^Total;0^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Margaret Scofield
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum04024935994
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAKE MANAWA SAILING ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0LAKE
ReturnHeader/Filer/EIN0421343833
ReturnHeader/Filer/PhoneNum07122563832
ReturnHeader/Filer/USAddress/AddressLine1Txt0812 Comanche Street
ReturnHeader/Filer/USAddress/CityNm0Council Bluffs
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd051501
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02025-04-05T00:14:44-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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No mirrored PDF or thumbnail assets are attached yet.