Civic Intelligence

Colfax-Mingo Educational Foundation Inc.

990EZ • Fiscal year 2018 • EIN 42-1421657

Jun 01, 2017 to May 31, 2018 • Filed on Apr 08, 2019

Organization ProfileN/A
PO Box 52Colfax, IA 50054

(515) 674-3508

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

Net Margin

94th percentile

64%

Higher net margin than 94% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

69th percentile

16%

Faster asset growth than 69% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

42nd percentile

-3.9%

Faster revenue growth than 42% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$344,340

Up $46,990 (+16%) from 2017

Net Assets

Up

$344,340

Up $46,990 (+16%) from 2017

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin94th percentile

Revenue

Down

$73,505

Down $2,944 (-3.9%) from 2017

Expenses

Down

$26,515

Down $37,381 (-59%) from 2017

Net Income

Up

$46,990

Up $34,437 (+274%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth69th percentile

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

$1.5M$1.0M$500K$0Assets 2017: $297,350Liabilities 2017: $0Net Assets 2017: $297,3502017Assets 2018: $344,340Net Assets 2018: $344,3402018Assets 2019: $385,331Net Assets 2019: $385,3312019Assets 2020: $415,949Net Assets 2020: $415,9492020Assets 2021: $724,769Liabilities 2021: $0Net Assets 2021: $724,7692021Assets 2022: $763,965Liabilities 2022: $0Net Assets 2022: $763,9652022Assets 2023: $773,322Liabilities 2023: $0Net Assets 2023: $773,3222023Assets 2024: $811,340Liabilities 2024: $0Net Assets 2024: $811,3402024Assets 2025: $1,205,886Liabilities 2025: $0Net Assets 2025: $1,205,8862025

Highlighted filing

2018

Assets$344,340
Liabilities-
Net Assets$344,340
Open 2018 Filing

Operations Trend

Revenue Growth42nd percentile

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

$600K$400K$200K$0Revenue 2017: $76,449Expenses 2017: $63,896Net Income 2017: $12,5532017Revenue 2018: $73,505Expenses 2018: $26,515Net Income 2018: $46,9902018Revenue 2019: $76,266Expenses 2019: $35,275Net Income 2019: $40,9912019Revenue 2020: $46,348Expenses 2020: $15,730Net Income 2020: $30,6182020Revenue 2021: $70,603Expenses 2021: $30,551Net Income 2021: $40,0522021Revenue 2022: $93,938Expenses 2022: $54,742Net Income 2022: $39,1962022Revenue 2023: $89,566Expenses 2023: $80,209Net Income 2023: $9,3572023Revenue 2024: $109,223Expenses 2024: $71,205Net Income 2024: $38,0182024Revenue 2025: $465,776Expenses 2025: $71,230Net Income 2025: $394,5462025

Highlighted filing

2018

Revenue$73,505
Expenses$26,515
Net Income$46,990
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2017 to May 31, 2018
Signed
Apr 8, 2019
Return Version
2017v2.2
Gross Receipts
$77,135
Mission and Program Overview

Mission

The colfax-mingo educational foundation was organized for the purpose of raising money through fund raising and donations that could be uilized within our school system for educational material for the students. The foundation provides educational items not provided by the school district's regular budget. We accept requests from all the teachers as a need arises. All of the students benefit from the colfax-mingo educational foundation. The foundation has also purchased property that is rented to the school district. This is property that houses the central office and bus barn facility.

Program Services

DescriptionGrantsExpenses
GRANTS AND SCHOLARSHIPS TO THE COLFAX MINGO SCHOOLS AND STUDENTS FOR EDUCATIONAL MATERIAL AND BUILDING IMPROVEMENTS$26,425$26,425
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KENT FESTVOGTreasurer-$0--
SHANNON MAHERPresident-$0--
JUDY SULLIVANVice President-$0--
JENNIFER SNYDERSecretary-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$10,331$10,331$1,383$8,948
Total Events$10,331$10,331$1,383$8,948
Filing and Contact Details

Filer

Filer Name
Colfax Mingo Educational Fdn
EIN
42-1421657
Phone
5156743508
Address
PO BOX 52, COLFAX, IA 50054

Signing Officer

Name
Kent Festvog
Title
Treasurer
Signed
2019-04-08
Discuss with paid preparer
Yes

Preparer

Firm
Tarbell & Co PLC
Address
2130 Grand Avenue, Des Moines, IA 50312-5302
Preparer
Kurt J Konek CPA
Phone
5152820200
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

“Class of Activity: DONATION FOR SCHOLARSHIP | Donee's Name: COLFAX MINGO SCHOOLS | Donee's Address: 204 N LEAGUE RD COLFAX IA 50054 | Relationship of Donee: NONE | Cash Amount Given: $26425”

Other Expenses.1

“PO BOX RENTAL $90”

Other Assets.1

“PUBLICLY TRADED SECURITIES - Beginning $56544 PUBLICLY TRADED SECURITIES - Ending $143983”

Raw XML Appendix142 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/BooksInCareOfDetail/PersonNm0KENT FESTVOG
IRS990EZ/BooksInCareOfDetail/PhoneNum05156743508
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0COLFAX
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd050054
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0240806
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0200357
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IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
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IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt046990
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0297350
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IRS990EZ/FundraisingGrossIncomeAmt024592
IRS990EZ/GrantsAndSimilarAmountsPaidAmt026425
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IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt012368
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0297350
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0344340
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0297350
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0344340
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KENT FESTVOG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SHANNON MAHER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JUDY SULLIVAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JENNIFER SNYDER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt056544
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0143983
IRS990EZ/OtherExpensesTotalAmt090
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE COLFAX-MINGO EDUCATIONAL FOUNDATION WAS ORGANIZED FOR THE PURPOSE OF RAISING MONEY THROUGH FUND RAISING AND DONATIONS THAT COULD BE UILIZED WITHIN OUR SCHOOL SYSTEM FOR EDUCATIONAL MATERIAL FOR THE STUDENTS. THE FOUNDATION PROVIDES EDUCATIONAL ITEMS NOT PROVIDED BY THE SCHOOL DISTRICT'S REGULAR BUDGET. WE ACCEPT REQUESTS FROM ALL THE TEACHERS AS A NEED ARISES. ALL OF THE STUDENTS BENEFIT FROM THE COLFAX-MINGO EDUCATIONAL FOUNDATION. THE FOUNDATION HAS ALSO PURCHASED PROPERTY THAT IS RENTED TO THE SCHOOL DISTRICT. THIS IS PROPERTY THAT HOUSES THE CENTRAL OFFICE AND BUS BARN FACILITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0GRANTS AND SCHOLARSHIPS TO THE COLFAX MINGO SCHOOLS AND STUDENTS FOR EDUCATIONAL MATERIAL AND BUILDING IMPROVEMENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt026425
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt026425
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt03630
IRS990EZ/SpecialEventsNetIncomeLossAmt020962
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt026515
IRS990EZ/TotalProgramServiceExpensesAmt026425
IRS990EZ/TotalRevenueAmt073505
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt040175
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt045557
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt085732
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt085732
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt040175
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt045557
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt085732
IRS990ScheduleA/TotalSupportAmt085732
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt01383
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt010331
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt010331
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt010331
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt010331
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt08948
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01383
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01383
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Class of Activity: DONATION FOR SCHOLARSHIP | Donee's Name: COLFAX MINGO SCHOOLS | Donee's Address: 204 N LEAGUE RD COLFAX IA 50054 | Relationship of Donee: NONE | Cash Amount Given: $26425
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PO BOX RENTAL $90
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PUBLICLY TRADED SECURITIES - Beginning $56544 PUBLICLY TRADED SECURITIES - Ending $143983
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Assets.1
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KENT FESTVOG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-04-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COLFAX MINGO EDUCATIONAL FDN
ReturnHeader/Filer/BusinessNameControlTxt0COLF
ReturnHeader/Filer/EIN0421421657
ReturnHeader/Filer/PhoneNum05156743508
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 52
ReturnHeader/Filer/USAddress/CityNm0COLFAX
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050054
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421443361
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Tarbell & Co PLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02130 Grand Avenue
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Des Moines
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0503125302
ReturnHeader/PreparerPersonGrp/PhoneNum05152820200
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kurt J Konek CPA
ReturnHeader/ReturnTs02019-04-12T08:11:25-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-06-01
ReturnHeader/TaxPeriodEndDt02018-05-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$344,340
Liabilities
-
Net assets
$344,340
Revenue
$73,505
Expenses
$26,515
Net income
$46,990
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$0.00$1.21$0.47$0.07$0.39
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.81$0.00$0.81$0.11$0.07$0.04
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.00$0.77$0.09$0.08$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.00$0.76$0.09$0.05$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.72$0.00$0.72$0.07$0.03$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.42$0.42$0.05$0.02$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.39$0.39$0.08$0.04$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.34$0.34$0.07$0.03$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.30$0.00$0.30$0.08$0.06$0.01
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)3 • <$500k nonprofits