Civic Intelligence

Colfax-Mingo Educational Foundation Inc.

990EZ • Fiscal year 2019 • EIN 42-1421657

Jun 01, 2018 to May 31, 2019 • Filed on Nov 06, 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 2019

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2019

Net Margin

92nd percentile

54%

Higher net margin than 92% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

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.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

64th percentile

12%

Faster asset growth than 64% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

54th percentile

3.8%

Faster revenue growth than 54% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$385,331

Up $40,991 (+12%) from 2018

Net Assets

Up

$385,331

Up $40,991 (+12%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin92nd percentile

Revenue

Up

$76,266

Up $2,761 (+3.8%) from 2018

Expenses

Up

$35,275

Up $8,760 (+33%) from 2018

Net Income

Down

$40,991

Down $5,999 (-13%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth64th 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

2019

Assets$385,331
Liabilities-
Net Assets$385,331
Open 2019 Filing

Operations Trend

Revenue Growth54th 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

2019

Revenue$76,266
Expenses$35,275
Net Income$40,991
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2018 to May 31, 2019
Signed
Nov 6, 2019
Return Version
2018v3.1
Gross Receipts
$80,853
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$35,213$35,213
Compensation and Service Providers
Top Officer Pay77th 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$9,621$9,621$3,614$6,007
Phone-athon$6,520$6,520$161$6,359
Total Events$16,141$16,141$3,775$12,366
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
2019-11-06
Discuss with paid preparer
Yes

Preparer

Firm
Tarbell & Co PLC
Address
2130 Grand Avenue, Des Moines, IA 50312-5302
Preparer
Tim Tarbell 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: $35213”

Other Expenses.1

“PO BOX RENTAL $62”

Other Assets.1

“- Beginning $143983 - Ending $153412”

Raw XML Appendix158 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/BooksInCareOfDetail/USAddress/CityNm0COLFAX
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IRS990EZ/InvestmentIncomeAmt012384
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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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/BOYAmt0143983
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0153412
IRS990EZ/OtherExpensesTotalAmt062
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/GrantsAndAllocationsAmt035213
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt035213
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt04587
IRS990EZ/SpecialEventsNetIncomeLossAmt019512
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt035275
IRS990EZ/TotalProgramServiceExpensesAmt035213
IRS990EZ/TotalRevenueAmt076266
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt043761
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt040175
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt045557
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0129493
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0129493
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt043761
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt040175
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt045557
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0129493
IRS990ScheduleA/TotalSupportAmt0129493
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt03775
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0PHONE-ATHON
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt09621
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt06520
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt09621
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IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt012366
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt03775
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt03614
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0161
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: $35213
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PO BOX RENTAL $62
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2- Beginning $143983 - Ending $153412
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Assets.1
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KENT FESTVOG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-06
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/PreparerPersonNm0Tim Tarbell CPA
ReturnHeader/ReturnTs02019-11-06T14:46:30-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-06-01
ReturnHeader/TaxPeriodEndDt02019-05-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$385,331
Liabilities
-
Net assets
$385,331
Revenue
$76,266
Expenses
$35,275
Net income
$40,991
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
2019Detailed filing. Detailed filing data is available for this year.$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