Civic Intelligence

Ames Education Foundation

990 • Fiscal year 2020 • EIN 42-1357966

Jul 01, 2019 to Jun 30, 2020 • Filed on Jan 18, 2021

PO Box 1125Ames, IA 50014

(515) 268-6630

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

77th percentile

25%

Higher net margin than 77% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

57th percentile

8.9%

Faster asset growth than 57% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

91st percentile

85%

Faster revenue growth than 91% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,246,403

Up $101,493 (+8.9%) from 2019

Net Assets

Up

$1,246,403

Up $101,493 (+8.9%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$412,742

Up $189,482 (+85%) from 2019

Expenses

Up

$311,249

Up $43,058 (+16%) from 2019

Net Income

Up

$101,493

Up $146,424 (+326%) from 2019

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,219,698Liabilities 2011: $0Net Assets 2011: $1,219,6982011Assets 2012: $1,215,329Liabilities 2012: $0Net Assets 2012: $1,215,3292012Assets 2013: $1,087,744Liabilities 2013: $0Net Assets 2013: $1,087,7442013Assets 2014: $1,100,808Liabilities 2014: $0Net Assets 2014: $1,100,8082014Assets 2015: $1,121,130Liabilities 2015: $0Net Assets 2015: $1,121,1302015Assets 2016: $1,200,840Liabilities 2016: $0Net Assets 2016: $1,200,8402016Assets 2017: $1,232,538Liabilities 2017: $0Net Assets 2017: $1,232,5382017Assets 2018: $1,189,841Liabilities 2018: $0Net Assets 2018: $1,189,8412018Assets 2019: $1,144,910Liabilities 2019: $0Net Assets 2019: $1,144,9102019Assets 2020: $1,246,403Liabilities 2020: $0Net Assets 2020: $1,246,4032020Assets 2021: $1,322,510Liabilities 2021: $0Net Assets 2021: $1,322,5102021Assets 2022: $1,386,724Liabilities 2022: $0Net Assets 2022: $1,386,7242022Assets 2023: $1,409,799Liabilities 2023: $0Net Assets 2023: $1,409,7992023Assets 2024: $1,685,949Liabilities 2024: $0Net Assets 2024: $1,685,9492024

Highlighted filing

2020

Assets$1,246,403
Liabilities$0
Net Assets$1,246,403

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $124,2892011Expenses 2012: $167,8342012Expenses 2013: $321,9952013Revenue 2014: $238,695Expenses 2014: $225,631Net Income 2014: $13,0642014Revenue 2015: $274,870Expenses 2015: $254,548Net Income 2015: $20,3222015Revenue 2016: $332,534Expenses 2016: $252,824Net Income 2016: $79,7102016Revenue 2017: $445,726Expenses 2017: $414,028Net Income 2017: $31,6982017Revenue 2018: $206,803Expenses 2018: $249,500Net Income 2018: -$42,6972018Revenue 2019: $223,260Expenses 2019: $268,191Net Income 2019: -$44,9312019Revenue 2020: $412,742Expenses 2020: $311,249Net Income 2020: $101,4932020Revenue 2021: $179,972Expenses 2021: $103,865Net Income 2021: $76,1072021Revenue 2022: $116,684Expenses 2022: $52,470Net Income 2022: $64,2142022Revenue 2023: $105,016Expenses 2023: $81,941Net Income 2023: $23,0752023Revenue 2024: $429,161Expenses 2024: $153,011Net Income 2024: $276,1502024

Highlighted filing

2020

Revenue$412,742
Expenses$311,249
Net Income$101,493
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jan 18, 2021
Return Version
2019v5.0
Gross Receipts
$478,127
Mission and Program Overview

Mission

To promote and further the educational process of the ames school district

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$956,752$986,257▲ $29,505
Savings and Temporary Cash Investments$188,158$260,144▲ $71,986
Cash and Non-Interest-Bearing Accounts-$2-
Total Assets$1,144,910$1,246,403▲ $101,493
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$866,991$950,538▲ $83,547
Net Assets Without Donor Restrictions$277,919$295,865▲ $17,946
Total Net Assets Fund Balance$1,144,910$1,246,403▲ $101,493
Total Liabilities and Net Assets / Fund Balance$1,144,910$1,246,403▲ $101,493

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$1,851$1,851

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$866,991$291,802▲ $32,902$230,136$950,538
2018$1,105,546$123,247▲ $48,032$371,831$866,991
2017$1,068,929$118,996▲ $37,926$78,592$1,105,546
2016$955,640$377,442▲ $50,470$230,974$1,068,929
2015$937,253$124,117▲ $55,872$90,284$955,640
Compensation and Service Providers

Board Members and Trustees

NameTitle
Steve RingleePresident
Amber CorrieriDirector
Janet RatheDirector
Kirk SchmaltzDirector
Kurt FriedrichDirector
Patty MeeseDirector
John LinchTreasurer/se
Jerry HatfieldVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$343,275
Program Service Revenue
$0
Investment Income
$45,410
Other Revenue
$24,057
All Other Contributions
$315,743
Change in Net Assets
$101,493
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$216,469
Other Expenses$63,696
Total Fundraising Expense$33,332
Salaries, Compensation, and Employee Benefits$31,084
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$207,469--$207,469
Other Salaries and Wages-$14,050$14,050$28,100
Office Expenses-$5,471$5,536$11,007
Information Technology-$9,348-$9,348
Grants to Domestic Individuals$9,000--$9,000
Fees for Services Other-$6,487-$6,487
Fees for Services Accounting-$5,865-$5,865
Advertising-$2,580$2,580$5,160
Payroll Taxes-$1,492$1,492$2,984
Other Expenses$1,368$1,631$3,295$1,368
Insurance-$785-$785
All Other Expenses$530--$530
Total Functional Expenses$227,018$50,899$33,332$311,249
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ames Community School DistrictAmes, IA--$207,469
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$24,057
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Taste of Educat$24,057$24,057-$24,057
Total Events$24,057$24,057-$24,057
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

Trustees elect new trustees each serving a typical 3 year term.

Form 990, Page 6, Part VI, Line 7B

Trustees vote on all significant decisions.

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

Treasurer and or board members review return before filing.

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

Conflict of interest statements maintained on all board members and updated annually.

Form 990, Page 6, Part VI, Line 19

Tax returns and documents are available upon request at the organization's location.

Filing and Contact Details

Filer

Filer Name
Ames Education Foundation
EIN
42-1357966
Phone
5152686630
Address
PO BOX 1125, AMES, IA 50014

Signing Officer

Name
John Linch
Title
Treasurer/secretary
Phone
5152686630
Signed
2021-01-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Linch
Formed
1989
Legal Domicile
Ia
Voting Board Members
8
Independent Board Members
8
Employees
1

Preparer

Firm
Hogan - Hansen Pc
Address
1601 GOLDEN ASPEN DRIVE SUITE 107, AMES, IA 50010-8024
Preparer
Nicholas H Aarsen CPA
Phone
5152320533
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

Endowed funds are set up for specific scholarships and school programs.

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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0394989
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0268173
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01267716
IRS990ScheduleA/TotalSupportAmt01415738
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IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt03000
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt032902
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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt037926
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt078592
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt038148
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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0377442
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01068929
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt045500
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt050470
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt027818
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0937253
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0124117
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt055872
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IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01851
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01851
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ENDOWED FUNDS ARE SET UP FOR SPECIFIC SCHOLARSHIPS AND SCHOOL PROGRAMS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS TO STUDENTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt06
IRS990ScheduleI/RecipientTable/CashGrantAmt0207469
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0AMES COMMUNITY SCHOOL DISTRICT
IRS990ScheduleI/RecipientTable/RecipientEIN0426039498
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0415 STANTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm0AMES
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd050014
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TRUSTEES ELECT NEW TRUSTEES EACH SERVING A TYPICAL 3 YEAR TERM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TRUSTEES VOTE ON ALL SIGNIFICANT DECISIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TREASURER AND OR BOARD MEMBERS REVIEW RETURN BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONFLICT OF INTEREST STATEMENTS MAINTAINED ON ALL BOARD MEMBERS AND UPDATED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TAX RETURNS AND DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S LOCATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7B
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
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IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/EOYAmt01246403
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0343275
IRS990/TotalEmployeeCnt01
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt050899
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0227018
IRS990/TotalFunctionalExpensesGrp/TotalAmt0311249
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01144910
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01246403
IRS990/TotalProgramServiceExpensesAmt0227018
IRS990/TotalRevenueGrp/ExclusionAmt024057
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt045410
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0412742
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01144910
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01246403
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1125
IRS990/USAddress/CityNm0AMES
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd050014
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.AMESEDUCATIONFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN LINCH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER/SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum05152686630

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.69$0.00$1.69$0.43$0.15$0.28
2023Detailed filing. Detailed filing data is available for this year.$1.41$0.00$1.41$0.11$0.08$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.39$0.00$1.39$0.12$0.05$0.06
2021Detailed filing. Detailed filing data is available for this year.$1.32$0.00$1.32$0.18$0.10$0.08
2020Detailed filing. Detailed filing data is available for this year.$1.25$0.00$1.25$0.41$0.31$0.10
2019Detailed filing. Detailed filing data is available for this year.$1.14$0.00$1.14$0.22$0.27$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.19$0.00$1.19$0.21$0.25$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.23$0.00$1.23$0.45$0.41$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.20$0.00$1.20$0.33$0.25$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.12$0.00$1.12$0.27$0.25$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.10$0.00$1.10$0.24$0.23$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.00$1.09$0.32
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$0.00$1.22$0.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$0.00$1.22$0.12