Civic Intelligence

Mustard Seed Inc

990EZ • Fiscal year 2021 • EIN 42-1407343

Jan 01, 2021 to Dec 31, 2021 • Filed on May 18, 2022

532 N Dodge StIowa City, IA 52245

(319) 337-6893

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.01x

Higher debt load relative to assets than 63% of similar nonprofits.

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

Liabilities / Revenue

72nd percentile

0.03x

Higher debt load relative to revenue than 72% 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

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

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

Asset Growth

49th percentile

5.0%

Faster asset growth than 49% of similar nonprofits.

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

Revenue Growth

82nd percentile

81%

Faster revenue growth than 82% of similar nonprofits.

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

Assets

Up

$231,452

Up $11,062 (+5.0%) from 2020

Net Assets

Up

$229,706

Up $10,473 (+4.8%) from 2020

Liabilities

Up

$1,746

Up $589 (+51%) from 2020

Revenue

Up

$51,396

Up $22,922 (+81%) from 2020

Expenses

Down

$40,923

Down $2,717 (-6.2%) from 2020

Net Income

Up

$10,473

Up $25,639 (+169%) from 2020

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $148,973Liabilities 2011: $3,221Net Assets 2011: $145,7522011Assets 2012: $166,381Liabilities 2012: $2,765Net Assets 2012: $163,6162012Assets 2013: $173,965Liabilities 2013: $2,301Net Assets 2013: $171,6642013Assets 2014: $186,534Liabilities 2014: $2,111Net Assets 2014: $184,4232014Assets 2015: $188,721Liabilities 2015: $2,259Net Assets 2015: $186,4622015Assets 2016: $189,976Liabilities 2016: $1,476Net Assets 2016: $188,5002016Assets 2017: $214,477Liabilities 2017: $2,130Net Assets 2017: $212,3472017Assets 2018: $218,507Liabilities 2018: $1,855Net Assets 2018: $216,6522018Assets 2019: $236,487Liabilities 2019: $2,088Net Assets 2019: $234,3992019Assets 2020: $220,390Liabilities 2020: $1,157Net Assets 2020: $219,2332020Assets 2021: $231,452Liabilities 2021: $1,746Net Assets 2021: $229,7062021Assets 2022: $238,021Liabilities 2022: $1,256Net Assets 2022: $236,7652022Assets 2023: $236,430Liabilities 2023: $1,536Net Assets 2023: $234,8942023Assets 2024: $252,526Liabilities 2024: $662Net Assets 2024: $251,8642024

Highlighted filing

2021

Assets$231,452
Liabilities$1,746
Net Assets$229,706

Operations Trend

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

$100K$50K$0-$50KRevenue 2011: $73,896Expenses 2011: $52,079Net Income 2011: $21,8172011Revenue 2012: $72,366Expenses 2012: $54,502Net Income 2012: $17,8642012Revenue 2013: $68,025Expenses 2013: $59,977Net Income 2013: $8,0482013Revenue 2014: $66,222Expenses 2014: $53,468Net Income 2014: $12,7542014Revenue 2015: $70,258Expenses 2015: $68,219Net Income 2015: $2,0392015Revenue 2016: $59,091Expenses 2016: $57,053Net Income 2016: $2,0382016Revenue 2017: $69,395Expenses 2017: $45,548Net Income 2017: $23,8472017Revenue 2018: $47,650Expenses 2018: $43,345Net Income 2018: $4,3052018Revenue 2019: $63,891Expenses 2019: $46,144Net Income 2019: $17,7472019Revenue 2020: $28,474Expenses 2020: $43,640Net Income 2020: -$15,1662020Revenue 2021: $51,396Expenses 2021: $40,923Net Income 2021: $10,4732021Revenue 2022: $50,759Expenses 2022: $43,700Net Income 2022: $7,0592022Revenue 2023: $50,202Expenses 2023: $52,073Net Income 2023: -$1,8712023Revenue 2024: $49,938Expenses 2024: $32,969Net Income 2024: $16,9692024

Highlighted filing

2021

Revenue$51,396
Expenses$40,923
Net Income$10,473
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 18, 2022
Return Version
2021v4.2
Gross Receipts
$97,642
Mission and Program Overview

Mission

To teach and strengthen the roman catholic faith

Program Services

DescriptionGrantsExpenses
TO TEACH AND STRENGTHEN THE ROMAN CATHOLIC FAITH$0$40,923
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
INGE OSSOININGPresidentPT$0--
KARL C OSSOINIGVice President-$0--
REV SCOTT LEMASTERDirector-$0--
ROY WILSONDirector-$0--
SCOTT SEELEDirector-$0--
Filing and Contact Details

Filer

Filer Name
Mustard Seed Inc
EIN
42-1407343
Phone
3193376893
Address
532 N DODGE ST, IOWA CITY, IA 52245

Signing Officer

Name
Inge Ossoinig
Title
President
Phone
3193376893
Signed
2022-05-18
Discuss with paid preparer
Yes

Preparer

Firm
Bergan Kdv Ltd
Address
PO BOX 2100, WATERLOO, IA 50704
Preparer
Brian Aronson CPA
Phone
3192346885
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 7 - Sales of Inventory

Income: gross receipts: 92,492. Returns and allowances: 0. Less cost of goods sold: 46,246. Gross profit: 46,246. Cost of goods sold: inventory at beginning of year: 115,261. Merchandise purchased: 43,480. Cost of labor: 0. Materials and supplies: 0. Other costs: 0. Inventory at end of year: 112,495. Cost of goods sold: 46,246. Total to form 990-ez, line 14: 28,222.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 9,159. Description: other expenses. Amount: 19,063.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: credit card fees. Amount: 1,799. Description: insurance. Amount: 2,344. Description: office supplies. Amount: 753. Description: refunds. Amount: 1,048. Description: supplies. Amount: 1,819. Description: bank service charges. Amount: 14. Description: computer expenses. Amount: 1,568. Description: miscellaneous. Amount: 847. Total to form 990-ez, line 16: 10,192.

Form 990-ez, Part II, Line 24 - Other Assets

Description: inventory. Beg. Of year amount: 115,261. End of year amount: 112,495. Description: other depreciable assets. Beg. Of year amount: 34,363. End of year amount: 28,041.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: sales tax payable. Beg. Of year amount: 1,157. End of year amount: 1,746.

Raw XML Appendix175 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.

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IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0INGE OSSOINING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KARL C OSSOINIG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2REV SCOTT LEMASTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ROY WILSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4SCOTT SEELE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0149624
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0140536
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt010192
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO TEACH AND STRENGTHEN THE ROMAN CATHOLIC FAITH
IRS990EZ/PrintingPublicationsPostageAmt0154
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INCOME: GROSS RECEIPTS: 92,492. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 46,246. GROSS PROFIT: 46,246. COST OF GOODS SOLD: INVENTORY AT BEGINNING OF YEAR: 115,261. MERCHANDISE PURCHASED: 43,480. COST OF LABOR: 0. MATERIALS AND SUPPLIES: 0. OTHER COSTS: 0. INVENTORY AT END OF YEAR: 112,495. COST OF GOODS SOLD: 46,246. TOTAL TO FORM 990-EZ, LINE 14: 28,222.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DEPRECIATION. AMOUNT: 9,159. DESCRIPTION: OTHER EXPENSES. AMOUNT: 19,063.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: CREDIT CARD FEES. AMOUNT: 1,799. DESCRIPTION: INSURANCE. AMOUNT: 2,344. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 753. DESCRIPTION: REFUNDS. AMOUNT: 1,048. DESCRIPTION: SUPPLIES. AMOUNT: 1,819. DESCRIPTION: BANK SERVICE CHARGES. AMOUNT: 14. DESCRIPTION: COMPUTER EXPENSES. AMOUNT: 1,568. DESCRIPTION: MISCELLANEOUS. AMOUNT: 847. TOTAL TO FORM 990-EZ, LINE 16: 10,192.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: INVENTORY. BEG. OF YEAR AMOUNT: 115,261. END OF YEAR AMOUNT: 112,495. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 34,363. END OF YEAR AMOUNT: 28,041.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: SALES TAX PAYABLE. BEG. OF YEAR AMOUNT: 1,157. END OF YEAR AMOUNT: 1,746.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0INGE OSSOINIG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03193376893
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MUSTARD SEED INC
ReturnHeader/Filer/BusinessNameControlTxt0MUST
ReturnHeader/Filer/EIN0421407343
ReturnHeader/Filer/PhoneNum03193376893
ReturnHeader/Filer/USAddress/AddressLine1Txt0532 N DODGE ST
ReturnHeader/Filer/USAddress/CityNm0IOWA CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd052245
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411431613
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BERGAN KDV LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 2100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WATERLOO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050704
ReturnHeader/PreparerPersonGrp/PhoneNum03192346885
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRIAN ARONSON CPA
ReturnHeader/ReturnTs02022-07-01T08:01:42-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0INGE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0OSSOINIG
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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.$2.53$0.01$2.52$0.50$0.33$0.17
2023Detailed filing. Detailed filing data is available for this year.$2.36$0.02$2.35$0.50$0.52$0.02
2022Detailed filing. Detailed filing data is available for this year.$2.38$0.01$2.37$0.51$0.44$0.07
2021Detailed filing. Detailed filing data is available for this year.$2.31$0.02$2.30$0.51$0.41$0.10
2020Detailed filing. Detailed filing data is available for this year.$2.20$0.01$2.19$0.28$0.44$0.15
2019Detailed filing. Detailed filing data is available for this year.$2.36$0.02$2.34$0.64$0.46$0.18
2018Detailed filing. Detailed filing data is available for this year.$2.19$0.02$2.17$0.48$0.43$0.04
2017Detailed filing. Detailed filing data is available for this year.$2.14$0.02$2.12$0.69$0.46$0.24
2016Detailed filing. Detailed filing data is available for this year.$1.90$0.01$1.89$0.59$0.57$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.89$0.02$1.86$0.70$0.68$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.87$0.02$1.84$0.66$0.53$0.13
2013Detailed filing. Detailed filing data is available for this year.$1.74$0.02$1.72$0.68$0.60$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.66$0.03$1.64$0.72$0.55$0.18
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.49$0.03$1.46$0.74$0.52$0.22