Civic Intelligence

Great Outdoors Foundation

990 • Fiscal year 2021 • EIN 42-1441098

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

501 SW 7th Street Suite GDes Moines, IA 50309-4537

(515) 452-0024

Siviq Scores

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

Liabilities / Assets

55th percentile

0.16x

Higher debt load relative to assets than 55% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

47th percentile

0.14x

Higher debt load relative to revenue than 47% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

2nd percentile

-143%

Higher net margin than 2% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

56th percentile

$131,369

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

1st percentile

-61%

Faster asset growth than 1% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

7th percentile

-37%

Faster revenue growth than 7% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Assets

Down

$7,550,006

Down $11,848,281 (-61%) from 2020

Net Assets

Down

$6,343,891

Down $12,430,219 (-66%) from 2020

Liabilities

Up

$1,206,115

Up $581,938 (+93%) from 2020

Revenue

Down

$8,727,220

Down $5,162,990 (-37%) from 2020

Expenses

Up

$21,196,390

Up $19,894,431 (+1528%) from 2020

Net Income

Down

-$12,469,170

Down $25,057,421 (-199%) from 2020

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $113,243Liabilities 2011: $5,000Net Assets 2011: $108,2432011Assets 2012: $107,332Net Assets 2012: $107,3322012Assets 2013: $123,319Liabilities 2013: $02013Assets 2014: $131,652Net Assets 2014: $131,6522014Assets 2015: $395,969Liabilities 2015: $0Net Assets 2015: $395,9692015Assets 2016: $209,177Liabilities 2016: $0Net Assets 2016: $209,1772016Assets 2017: $607,070Liabilities 2017: $4,443Net Assets 2017: $602,6272017Assets 2018: $186,350Liabilities 2018: $0Net Assets 2018: $186,3502018Assets 2019: $6,245,172Liabilities 2019: $77,270Net Assets 2019: $6,167,9022019Assets 2020: $19,398,287Liabilities 2020: $624,177Net Assets 2020: $18,774,1102020Assets 2021: $7,550,006Liabilities 2021: $1,206,115Net Assets 2021: $6,343,8912021Assets 2022: $10,848,088Liabilities 2022: $104,119Net Assets 2022: $10,743,9692022Assets 2023: $9,114,393Liabilities 2023: $381,607Net Assets 2023: $8,732,7862023Assets 2024: $12,139,303Liabilities 2024: $1,391,557Net Assets 2024: $10,747,7462024

Highlighted filing

2021

Assets$7,550,006
Liabilities$1,206,115
Net Assets$6,343,891

Operations Trend

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

$30M$20M$10M$0-$10M-$20MRevenue 2011: $103,651Expenses 2011: $112,117Net Income 2011: -$8,4662011Revenue 2012: $54,829Expenses 2012: $55,740Net Income 2012: -$9112012Revenue 2013: $80,034Expenses 2013: $64,047Net Income 2013: $15,9872013Revenue 2014: $156,639Expenses 2014: $148,306Net Income 2014: $8,3332014Revenue 2015: $302,948Expenses 2015: $38,631Net Income 2015: $264,3172015Revenue 2016: $981,394Expenses 2016: $1,168,186Net Income 2016: -$186,7922016Revenue 2017: $620,507Expenses 2017: $227,057Net Income 2017: $393,4502017Revenue 2018: $406,734Expenses 2018: $823,011Net Income 2018: -$416,2772018Revenue 2019: $6,791,566Expenses 2019: $823,854Net Income 2019: $5,967,7122019Revenue 2020: $13,890,210Expenses 2020: $1,301,959Net Income 2020: $12,588,2512020Revenue 2021: $8,727,220Expenses 2021: $21,196,390Net Income 2021: -$12,469,1702021Revenue 2022: $6,143,157Expenses 2022: $1,728,112Net Income 2022: $4,415,0452022Revenue 2023: $3,223,648Expenses 2023: $5,189,586Net Income 2023: -$1,965,9382023Revenue 2024: $5,193,832Expenses 2024: $3,278,020Net Income 2024: $1,915,8122024

Highlighted filing

2021

Revenue$8,727,220
Expenses$21,196,390
Net Income-$12,469,170
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.2
Gross Receipts
$8,768,342
Mission and Program Overview

Mission

We provide leadership, foster partnerships, increase awareness, and raise funds - serving as a catalyst to power passion and support for regional projects that expand and restore natural spaces, enhance outdoor recreation and learning opportunities, and promote conservation. We connect people of all ages and backgrounds to nature by collaborating with other organizations who share a common vision of healthy environments that provide a variety of outdoor recreation and education opportunities. Driven by our clear purpose, we challenge ourselves to seek and take on partner projects offering exceptional and long-term impact requiring a regional approach and creative funding.

To support conservation efforts in central iowa.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$12,916,917$4,672,000▼ $8,244,917
Land, Buildings, and Equipment, Net$3,013,487$0▼ $3,013,487
Cash and Non-Interest-Bearing Accounts$3,212,096$2,759,301▼ $452,795
Savings and Temporary Cash Investments$209,173$86,883▼ $122,290
Accounts Receivable$30,500$15,432▼ $15,068
Investments in Publicly Traded Securities$13,879$14,967▲ $1,088
Prepaid Expenses and Deferred Charges$2,235$1,423▼ $812
Total Assets$19,398,287$7,550,006▼ $11,848,281
Liabilities
Other Liabilities$0$992,774▲ $992,774
Accounts Payable and Accrued Expenses$585,277$198,184▼ $387,093
Unsecured Notes Loans Payable$38,900$0▼ $38,900
Deferred Revenue-$15,157-
Total Liabilities$624,177$1,206,115▲ $581,938
Net Assets / Fund Balance
Net Assets With Donor Restrictions$13,782,301$5,996,919▼ $7,785,382
Net Assets Without Donor Restrictions$4,991,809$346,972▼ $4,644,837
Total Net Assets Fund Balance$18,774,110$6,343,891▼ $12,430,219
Total Liabilities and Net Assets / Fund Balance$19,398,287$7,550,006▼ $11,848,281

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$13,879-▲ $2,032-$14,967
2020$13,424-▲ $1,376-$13,879
2019$12,067-▲ $2,210-$13,424
2018$13,992-▼ $975$700$12,067
2017$12,798-▲ $2,084$640$13,992
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Hannah InmanChief Executive OfficerFT$106,846$24,523$131,369

Board Members and Trustees

NameTitle
Cory SharpChair
Tom NewtonDevelopment Chairperson
Tara Deering-hansonMarketing Chairperson
Pat BoddyPast Chair
Joey Taylor MoonVice Chair
Matthew MarckmannVice President
Chris MccarthyDirector
Kurt MummDirector
Rachel WoodhouseDirector
Chris CostaTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Snyder & Associates INCProfessional Engineering ServicesPO BOX 1159, Ankeny, IA 50023$112,500
Williams & Jensen PllcLegal Services1201 PENNSYLVANIA AVE NW SUITE 80, Washington Dc, DC 20004$111,539
Revenue and Support

Revenue Composition

Contributions and Grants
$8,521,154
Program Service Revenue
$217,523
Investment Income
$3,210
Other Revenue
$-14,667
All Other Contributions
$8,382,474
Change in Net Assets
$-12,469,170

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,727,220
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$53,468
Total Revenue per Audited Statements
$8,780,688
Total Revenue per Form 990
$8,727,220
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$19,995,412
Other Expenses$775,923
Salaries, Compensation, and Employee Benefits$425,055
Total Fundraising Expense$203,122
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$19,995,412--$19,995,412
Other Salaries and Wages$62,095$62,095$124,191$248,381
Fees for Services Other$60,360$157,813-$218,173
Fees for Services Lobbying$168,750--$168,750
Advertising$127,534$7,115$7,435$142,084
Current Officers, Directors, Trustees, and Key Employees$32,842$32,842$65,685$131,369
Fees for Services Legal$50,431$5,603-$56,034
Fees for Services Management$47,765$250-$48,015
Fees for Services Accounting$19,743$24,783-$44,526
Payroll Taxes-$31,166-$31,166
All Other Expenses$4,155$24,060-$28,215
Pension Plan Contributions-$14,139-$14,139
Information Technology$2,373$10,225-$12,598
Insurance-$12,542-$12,542
Conferences and Meetings$5,313$4,042$1,715$11,070
Office Expenses$53$8,735$1,204$9,992
Travel$416$3,143-$3,559
Other Expenses$7,930$2,139$2,892$2,139
Occupancy-$1,080-$1,080
Fees for Service Investment Mgmnt Fees-$81-$81
Total Functional Expenses$20,585,172$408,096$203,122$21,196,390

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$21,248,942
Expenses per Audited Statements$21,196,390
Total Expenses per Form 990$21,196,390
Expenses Not Reported on Form 990$52,552
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Iowa Confluence Water Trails (icon)Des Moines, IA-Grant Distribution$19,571,767
Polk County ConservationGranger, IA-Jester Park Nature Center & Easter Lake North Shore Development$166,826
City of JohnstonJohnston, IA-Grant Distribution$100,000
Clive Community FoundationClive, IA-Clive Greenbelt Reinvestment Fund$29,200
Iowa Wildlife FederationDes Moines, IA-Grant Distribution$26,925
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$40,552
Fundraising Gross Income$25,885
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Dinner$33,684$15,535$24,647$-9,112
Golf Outing$11,000$10,350$491$9,859
Total Events$44,684$25,885$40,552$-14,667
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Icon$992,774
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The 990 is prepared independently. It is then submitted to the finance committee for approval, and reviewed and voted on by the board of directors.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy is distributed once a year at the march meeting, collected and filed at gof offices.

Form 990, Part VI, Section B, Line 15A

Through our employment organization, the board conducted a salary review as well as developed matrix for ceo.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Great Outdoors Foundation
EIN
42-1441098
Phone
5154520024
Address
501 SW 7TH STREET SUITE G, DES MOINES, IA 50309-4537

Signing Officer

Name
Hannah Inman
Title
Chief Executive Officer
Phone
5154520024
Signed
2022-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hannah Inman
Formed
2013
Legal Domicile
Ia
Voting Board Members
10
Independent Board Members
10
Employees
6
Volunteers
22

Preparer

Firm
Rsm US Llp
Address
400 LOCUST STREET SUITE 640, DES MOINES, IA 50309-2354
Preparer
Kathy Fairchild
Phone
5155586600
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

At the discretion of the board of directors.

PART X, LINE 2:

The foundation is exempt from federal and state income taxes under section 501(c)(3) of the internal revenue code and generally is not subject to income taxes. Accordingly, no provision for federal or state taxes has been made. However, any unrelated business income may be subject to taxation. The foundation is not required to file an annual return for organizations exempt from income tax.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses net with fundraising income on 990

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses net with fundraising income on 990

Raw XML AppendixShowing 400 of 638 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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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6MARKETING CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt7DEVELOPMENT CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
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IRS990/MissionDesc0WE PROVIDE LEADERSHIP, FOSTER PARTNERSHIPS, INCREASE AWARENESS, AND RAISE FUNDS - SERVING AS A CATALYST TO POWER PASSION AND SUPPORT FOR REGIONAL PROJECTS THAT EXPAND AND RESTORE NATURAL SPACES, ENHANCE OUTDOOR RECREATION AND LEARNING OPPORTUNITIES, AND PROMOTE CONSERVATION. WE CONNECT PEOPLE OF ALL AGES AND BACKGROUNDS TO NATURE BY COLLABORATING WITH OTHER ORGANIZATIONS WHO SHARE A COMMON VISION OF HEALTHY ENVIRONMENTS THAT PROVIDE A VARIETY OF OUTDOOR RECREATION AND EDUCATION OPPORTUNITIES. DRIVEN BY OUR CLEAR PURPOSE, WE CHALLENGE OURSELVES TO SEEK AND TAKE ON PARTNER PROJECTS OFFERING EXCEPTIONAL AND LONG-TERM IMPACT REQUIRING A REGIONAL APPROACH AND CREATIVE FUNDING.
IRS990/MoreThan5000KToIndividualsInd00
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IRS990/NetUnrlzdGainsLossesInvstAmt0916
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IRS990/OfficeExpensesGrp/FundraisingAmt01204
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08735
IRS990/OfficeExpensesGrp/ProgramServicesAmt053
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IRS990/PoliticalCampaignActyInd00
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
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IRS990/RegularMonitoringEnfrcInd01
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IRS990ScheduleA/PublicSupportCY170Pct00.62830
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IRS990/ScheduleBRequiredInd01
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$12.1$1.39$10.7$5.19$3.28$1.92
2023Detailed filing. Detailed filing data is available for this year.$9.11$0.38$8.73$3.22$5.19$1.97
2022Detailed filing. Detailed filing data is available for this year.$10.8$0.10$10.7$6.14$1.73$4.42
2021Detailed filing. Detailed filing data is available for this year.$7.55$1.21$6.34$8.73$21.2$12.5
2020Detailed filing. Detailed filing data is available for this year.$19.4$0.62$18.8$13.9$1.30$12.6
2019Detailed filing. Detailed filing data is available for this year.$6.25$0.08$6.17$6.79$0.82$5.97
2018Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$0.41$0.82$0.42
2017Detailed filing. Detailed filing data is available for this year.$0.61$0.00$0.60$0.62$0.23$0.39
2016Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$0.98$1.17$0.19
2015Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$0.30$0.04$0.26
2014Detailed filing. Detailed filing data is available for this year.$0.13$0.13$0.16$0.15$0.01
2013Summary only. Only limited summary data is available for this year.$0.12$0.00$0.08$0.06$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.11$0.05$0.06$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.01$0.11$0.10$0.11$0.01