Civic Intelligence

The Iowa Hbpa Inc

EIN 42-1398246 • 501(c)6 • Altoona, IA

Profile

The association's mission is to promote the common interest of the thoroughbred horsemen of iowa.

1 Prairie Meadows DriveAltoona, IA 50009

n/A

Siviq Scores

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

Liabilities / Assets

35th percentile

0.01x

Higher debt load relative to assets than 35% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

34th percentile

0.01x

Higher debt load relative to revenue than 34% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Net Margin

86th percentile

23%

Higher net margin than 86% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

73rd percentile

$106,030

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 11.6% of source-year revenue.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Asset Growth

90th percentile

37%

Faster asset growth than 90% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

80th percentile

23%

Faster revenue growth than 80% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$808,398

Up $217,092 (+37%) from 2023

Liabilities

Up

$5,533

Up $4,531 (+452%) from 2023

Net Assets

Up

$802,865

Up $212,561 (+36%) from 2023

Revenue

Up

$915,008

Up $169,355 (+23%) from 2023

Expenses

Up

$702,447

Up $235,245 (+50%) from 2023

Net Income

Down

$212,561

Down $65,890 (-24%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $141,847Liabilities 2011: $2,171Net Assets 2011: $139,6762011Assets 2012: $162,513Liabilities 2012: $5,052Net Assets 2012: $157,4612012Assets 2013: $158,473Liabilities 2013: $6,135Net Assets 2013: $152,3382013Assets 2014: $164,256Liabilities 2014: $11,770Net Assets 2014: $152,4862014Assets 2015: $152,034Liabilities 2015: $6,556Net Assets 2015: $145,4782015Assets 2016: $117,438Liabilities 2016: $4,075Net Assets 2016: $113,3632016Assets 2017: $219,159Liabilities 2017: $9,589Net Assets 2017: $209,5702017Assets 2018: $269,913Liabilities 2018: $4,307Net Assets 2018: $265,6062018Assets 2019: $341,003Liabilities 2019: $5,575Net Assets 2019: $335,4282019Assets 2020: $312,923Liabilities 2020: $6,525Net Assets 2020: $306,3982020Assets 2021: $323,186Liabilities 2021: $990Net Assets 2021: $322,1962021Assets 2022: $312,657Liabilities 2022: $804Net Assets 2022: $311,8532022Assets 2023: $591,306Liabilities 2023: $1,002Net Assets 2023: $590,3042023Assets 2024: $808,398Liabilities 2024: $5,533Net Assets 2024: $802,8652024

Highlighted filing

2024

Assets$808,398
Liabilities$5,533
Net Assets$802,865

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $186,231Expenses 2011: $221,168Net Income 2011: -$34,9372011Revenue 2012: $315,923Expenses 2012: $298,138Net Income 2012: $17,7852012Revenue 2013: $315,017Expenses 2013: $315,219Net Income 2013: -$2022013Revenue 2014: $304,102Expenses 2014: $309,447Net Income 2014: -$5,3452014Revenue 2015: $312,858Expenses 2015: $320,977Net Income 2015: -$8,1192015Revenue 2016: $318,022Expenses 2016: $349,842Net Income 2016: -$31,8202016Revenue 2017: $389,889Expenses 2017: $294,920Net Income 2017: $94,9692017Revenue 2018: $440,771Expenses 2018: $383,526Net Income 2018: $57,2452018Revenue 2019: $455,943Expenses 2019: $387,724Net Income 2019: $68,2192019Revenue 2020: $429,691Expenses 2020: $457,696Net Income 2020: -$28,0052020Revenue 2021: $384,431Expenses 2021: $368,075Net Income 2021: $16,3562021Revenue 2022: $468,390Expenses 2022: $478,433Net Income 2022: -$10,0432022Revenue 2023: $745,653Expenses 2023: $467,202Net Income 2023: $278,4512023Revenue 2024: $915,008Expenses 2024: $702,447Net Income 2024: $212,5612024

Highlighted filing

2024

Revenue$915,008
Expenses$702,447
Net Income$212,561

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.08$0.06$8.03$9.15$7.02$2.13
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.91$0.01$5.90$7.46$4.67$2.78
2022Detailed filing. Detailed filing data is available for this year.$3.13$0.01$3.12$4.68$4.78$0.10
2021Detailed filing. Detailed filing data is available for this year.$3.23$0.01$3.22$3.84$3.68$0.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.13$0.07$3.06$4.30$4.58$0.28
2019Detailed filing. Detailed filing data is available for this year.$3.41$0.06$3.35$4.56$3.88$0.68
2018Detailed filing. Detailed filing data is available for this year.$2.70$0.04$2.66$4.41$3.84$0.57
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.19$0.10$2.10$3.90$2.95$0.95
2016Detailed filing. Detailed filing data is available for this year.$1.17$0.04$1.13$3.18$3.50$0.32
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.52$0.07$1.45$3.13$3.21$0.08
2014Detailed filing. Detailed filing data is available for this year.$1.64$0.12$1.52$3.04$3.09$0.05
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.58$0.06$1.52$3.15$3.15$0.00
2012Summary only. Only limited summary data is available for this year.$1.63$0.05$1.57$3.16$2.98$0.18
2011Summary only. Only limited summary data is available for this year.$1.42$0.02$1.40$1.86$2.21$0.35
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 29, 2025
Return Version
2024v5.0
Gross Receipts
$915,008
Mission and Program Overview

Mission

The association's mission is to promote the common interest of the thoroughbred horsemen of iowa.

The association was formed to promote the common interest of thoroughbred horsemen of iowa. Membership is open to any licensed owner or trainer of a thoroughbred race class.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$283,857$500,000▲ $216,143
Cash and Non-Interest-Bearing Accounts$173,382$289,718▲ $116,336
Other Notes and Loans Receivable, Net$130,000$15,455▼ $114,545
Land, Buildings, and Equipment, Net$2,787$1,945▼ $842
Prepaid Expenses and Deferred Charges$1,260$1,260→ $0
Accounts Receivable$20$20→ $0
Total Assets$591,306$808,398▲ $217,092
Liabilities
Accounts Payable and Accrued Expenses$1,002$5,533▲ $4,531
Total Liabilities$1,002$5,533▲ $4,531
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$590,304$802,865▲ $212,561
Total Net Assets Fund Balance$590,304$802,865▲ $212,561
Total Liabilities and Net Assets / Fund Balance$591,306$808,398▲ $217,092

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,945$24,571$26,516
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jonathan MossExecutive DiFT$106,030-$106,030
Michelle McshaneSecretary/trFT$53,173$6,738$59,911

Board Members and Trustees

NameTitle
David McshanePresident
Allen PoindexterDirector
Bonnie BirzerDirector
Brandi Jo FettDirector
Danny CaldwellDirector
Kelly Von HemelDirector
Kevin EikleberryDirector
Mike VanderpoolDirector
Tanner TracyDirector
Jeff Hartz1st Vice Pre
Joe Kelly2nd Vice Pre
Revenue and Support

Revenue Composition

Contributions and Grants
$881,703
Program Service Revenue
$0
Investment Income
$33,305
Other Revenue
$0
All Other Contributions
$881,703
Change in Net Assets
$212,561
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$451,035
Salaries, Compensation, and Employee Benefits$194,394
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$124,456$41,485-$165,941
Advertising$100,809--$100,809
Benefits to Members$57,018--$57,018
Fees for Services Legal-$54,229-$54,229
Fees for Services Lobbying$40,000--$40,000
Travel$25,266--$25,266
Other Expenses$18,450--$18,450
All Other Expenses$11,627$4,301-$15,928
Other Salaries and Wages$11,250$3,750-$15,000
Fees for Services Accounting-$13,790-$13,790
Payroll Taxes$13,453--$13,453
Office Expenses-$11,171-$11,171
Insurance-$6,862-$6,862
Conferences and Meetings$2,425--$2,425
Depreciation Depletion-$842-$842
Total Functional Expenses$566,017$136,430$0$702,447
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI

Section a, line 2 business is between owners/trainers. Not between an owner/trainer and the association.

Form 990, Page 6, Part VI, Line 2

Iowa hbpa & benevolent trust iowa hbpa & benevolent trust d.mcshane m. Mcshane father/daughter

Form 990, Page 6, Part VI, Line 6

Open to any licensed owner or trainer of a thoroughbred race horse, automatically becomes a member.

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

Ballots sent to membership nomination committee. Any member can have their name put on ballot.

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

30 days in advance before any change in by-laws or policy.

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

At a board of directors meeting a copy of form 990 is presented to each board member. They are instructed to review the form and contact the preparer of the return with any questions or concerns. A copy of form 990 with instructions is mailed to any board member not in attendance.

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

Prior to annual elections, written confirmations are required to ensure that there are no conflicts of interests currently or anticipated during the current year. In addition, any conflicts that arise during the year are also required to be disclosed.

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

For the tax year, compensation was paid to the executive director and secretary/treasurer. The annual compensation is reviewed by the board of directors.

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

Annual compensation is reviewed by the board of directors.

Form 990, Page 6, Part VI, Line 19

The governing documents, conflict of interest policy, and financial statements are made available for on-site review by members upon receipt of a written request.

Filing and Contact Details

Filer

Filer Name
The Iowa Hbpa Inc
EIN
42-1398246
Phone
5159674804
Address
1 PRAIRIE MEADOWS DRIVE, ALTOONA, IA 50009

Signing Officer

Name
Jonathan Moss
Title
Executive Director
Phone
5159674804
Signed
2025-08-29

Organization Details

Principal Officer
Jonathan Moss
Formed
1992
Legal Domicile
Ia
Voting Board Members
11
Independent Board Members
11
Employees
2
Volunteers
11

Preparer

Firm
Forge Financial & Management Consulting
Address
1245 JORDAN CREEK PKWY STE 100, WEST DES MOINES, IA 50266-2343
Preparer
Benjamin Winters CPA
Phone
5156203050
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

The entities are a non-profit corportation exempt from federal and state income taxes under section 501(c)(6) of the internal revenue code. The entities are subject to routine audits by taking jurisdictions; however, there are currently no audits for any tax periods in progress.

Raw XML Appendix388 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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IRS990/DeductibleNonCashContriInd0false
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IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0842
IRS990/DepreciationDepletionGrp/TotalAmt0842
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IRS990/EmployeeCnt02
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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt82ND VICE PRE
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IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
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IRS990/OtherExpensesGrp/Desc2BACKSIDE ENRICHMENT
IRS990/OtherExpensesGrp/Desc3DONATIONS
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENTITIES ARE A NON-PROFIT CORPORTATION EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. THE ENTITIES ARE SUBJECT TO ROUTINE AUDITS BY TAKING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01945
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SECTION A, LINE 2 BUSINESS IS BETWEEN OWNERS/TRAINERS. NOT BETWEEN AN OWNER/TRAINER AND THE ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IOWA HBPA & BENEVOLENT TRUST IOWA HBPA & BENEVOLENT TRUST D.MCSHANE M. MCSHANE FATHER/DAUGHTER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OPEN TO ANY LICENSED OWNER OR TRAINER OF A THOROUGHBRED RACE HORSE, AUTOMATICALLY BECOMES A MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BALLOTS SENT TO MEMBERSHIP NOMINATION COMMITTEE. ANY MEMBER CAN HAVE THEIR NAME PUT ON BALLOT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt430 DAYS IN ADVANCE BEFORE ANY CHANGE IN BY-LAWS OR POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AT A BOARD OF DIRECTORS MEETING A COPY OF FORM 990 IS PRESENTED TO EACH BOARD MEMBER. THEY ARE INSTRUCTED TO REVIEW THE FORM AND CONTACT THE PREPARER OF THE RETURN WITH ANY QUESTIONS OR CONCERNS. A COPY OF FORM 990 WITH INSTRUCTIONS IS MAILED TO ANY BOARD MEMBER NOT IN ATTENDANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PRIOR TO ANNUAL ELECTIONS, WRITTEN CONFIRMATIONS ARE REQUIRED TO ENSURE THAT THERE ARE NO CONFLICTS OF INTERESTS CURRENTLY OR ANTICIPATED DURING THE CURRENT YEAR. IN ADDITION, ANY CONFLICTS THAT ARISE DURING THE YEAR ARE ALSO REQUIRED TO BE DISCLOSED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7FOR THE TAX YEAR, COMPENSATION WAS PAID TO THE EXECUTIVE DIRECTOR AND SECRETARY/TREASURER. THE ANNUAL COMPENSATION IS REVIEWED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ANNUAL COMPENSATION IS REVIEWED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE FOR ON-SITE REVIEW BY MEMBERS UPON RECEIPT OF A WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0915008
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IRS990/TravelGrp/TotalAmt025266
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01 PRAIRIE MEADOWS DRIVE
IRS990/USAddress/CityNm0ALTOONA
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd050009
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0HTTPS://WWW.IOWAHBPA.ORG/
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JONATHAN MOSS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05159674804
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE IOWA HBPA INC
ReturnHeader/Filer/BusinessNameControlTxt0IOWA
ReturnHeader/Filer/EIN0421398246
ReturnHeader/Filer/PhoneNum05159674804
ReturnHeader/Filer/USAddress/AddressLine1Txt01 PRAIRIE MEADOWS DRIVE
ReturnHeader/Filer/USAddress/CityNm0ALTOONA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050009
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0882802798
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FORGE FINANCIAL & MANAGEMENT CONSULTING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01245 JORDAN CREEK PKWY STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WEST DES MOINES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0502662343
ReturnHeader/PreparerPersonGrp/PhoneNum05156203050
ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BENJAMIN WINTERS CPA
ReturnHeader/ReturnTs02025-09-02T12:01:22-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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