Civic Intelligence

Opportunity Living Foundation

990 • Fiscal year 2021 • EIN 42-1443317

Jul 01, 2020 to Jun 30, 2021 • Filed on Oct 27, 2021

1890 E Main StreetLake City, IA 51449

(712) 464-8961

Siviq Scores

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

Liabilities / Assets

30th percentile

0.01x

Higher debt load relative to assets than 30% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

74th percentile

0.33x

Higher debt load relative to revenue than 74% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

11th percentile

-18%

Higher net margin than 11% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

81st percentile

$131,813

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 154.0% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

64th percentile

17%

Faster asset growth than 64% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

12th percentile

-23%

Faster revenue growth than 12% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$2,993,533

Up $437,288 (+17%) from 2020

Net Assets

Up

$2,965,379

Up $418,339 (+16%) from 2020

Liabilities

Up

$28,154

Up $18,949 (+206%) from 2020

Revenue

Down

$85,595

Down $25,887 (-23%) from 2020

Expenses

Down

$100,703

Down $180 (-0.2%) from 2020

Net Income

Down

-$15,108

Down $25,707 (-243%) from 2020

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,617,023Liabilities 2011: $1,000Net Assets 2011: $1,616,0232011Assets 2012: $1,652,539Liabilities 2012: $1,000Net Assets 2012: $1,651,5392012Assets 2013: $1,880,333Liabilities 2013: $5,871Net Assets 2013: $1,874,4622013Assets 2014: $2,195,491Liabilities 2014: $1,000Net Assets 2014: $2,194,4912014Assets 2015: $2,282,974Liabilities 2015: $900Net Assets 2015: $2,282,0742015Assets 2016: $2,292,727Liabilities 2016: $994Net Assets 2016: $2,291,7332016Assets 2017: $2,531,027Liabilities 2017: $5,063Net Assets 2017: $2,525,9642017Assets 2018: $2,688,412Liabilities 2018: $9,000Net Assets 2018: $2,679,4122018Assets 2019: $2,631,723Liabilities 2019: $6,744Net Assets 2019: $2,624,9792019Assets 2020: $2,556,245Liabilities 2020: $9,205Net Assets 2020: $2,547,0402020Assets 2021: $2,993,533Liabilities 2021: $28,154Net Assets 2021: $2,965,3792021Assets 2022: $2,502,964Liabilities 2022: $7,248Net Assets 2022: $2,495,7162022Assets 2023: $2,658,688Liabilities 2023: $11,384Net Assets 2023: $2,647,3042023Assets 2024: $2,786,597Liabilities 2024: $7,662Net Assets 2024: $2,778,9352024Assets 2025: $2,981,323Liabilities 2025: $8,017Net Assets 2025: $2,973,3062025

Highlighted filing

2021

Assets$2,993,533
Liabilities$28,154
Net Assets$2,965,379

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $47,603Expenses 2011: $714Net Income 2011: $46,8892011Revenue 2012: $62,386Expenses 2012: $676Net Income 2012: $61,7102012Revenue 2013: $85,818Expenses 2013: $672Net Income 2013: $85,1462013Revenue 2014: $183,378Expenses 2014: $694Net Income 2014: $182,6842014Revenue 2015: $178,685Expenses 2015: $541Net Income 2015: $178,1442015Revenue 2016: $141,512Expenses 2016: $568Net Income 2016: $140,9442016Revenue 2017: $87,376Expenses 2017: $523Net Income 2017: $86,8532017Revenue 2018: $201,137Expenses 2018: $685Net Income 2018: $200,4522018Revenue 2019: $95,955Expenses 2019: $100,962Net Income 2019: -$5,0072019Revenue 2020: $111,482Expenses 2020: $100,883Net Income 2020: $10,5992020Revenue 2021: $85,595Expenses 2021: $100,703Net Income 2021: -$15,1082021Revenue 2022: $210,513Expenses 2022: $100,883Net Income 2022: $109,6302022Revenue 2023: $112,740Expenses 2023: $125,104Net Income 2023: -$12,3642023Revenue 2024: $216,595Expenses 2024: $175,703Net Income 2024: $40,8922024Revenue 2025: $181,974Expenses 2025: $100,703Net Income 2025: $81,2712025

Highlighted filing

2021

Revenue$85,595
Expenses$100,703
Net Income-$15,108
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Oct 27, 2021
Return Version
2020v4.0
Gross Receipts
$152,719
Mission and Program Overview

Mission

To receive and maintain a fund of real and/or personal property to further the mission of Opportunity Living

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$1,267,303$2,244,756▲ $977,453
Cash and Non-Interest-Bearing Accounts$796,878$347,064▼ $449,814
Other Notes and Loans Receivable, Net$310,626$217,212▼ $93,414
Land, Buildings, and Equipment, Net$179,146$181,708▲ $2,562
Prepaid Expenses and Deferred Charges$1,461$2,092▲ $631
Accounts Receivable$23$0▼ $23
Savings and Temporary Cash Investments$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$2,556,245$2,993,533▲ $437,288
Other Assets Total$808$701▼ $107
Liabilities
Accounts Payable and Accrued Expenses$9,205$28,154▲ $18,949
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$9,205$28,154▲ $18,949
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,519,212$2,936,836▲ $417,624
Net Assets With Donor Restrictions$27,828$28,543▲ $715
Total Net Assets Fund Balance$2,547,040$2,965,379▲ $418,339
Total Liabilities and Net Assets / Fund Balance$2,556,245$2,993,533▲ $437,288

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$130,644$127,654$258,298
Land$51,064-$51,064
Equipment$0$5,000$5,000
Other Land Buildings$0$0$0
Leasehold Improvements$0$0$0
Other Securities$2,137,306--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$27,828$715→ $0$0$28,543
2019$26,808$1,020→ $0$0$27,828
2018$26,268$540→ $0$0$26,808
2017$25,099$1,169→ $0$0$26,268
2016$24,104$995→ $0$0$25,099
Compensation and Service Providers

Employees

NameTitleOtherTotal
Shannon MahannahChief Executive Officer$131,813$131,813
Jill WestcottChief Financial Officer$102,922$102,922

Board Members and Trustees

NameTitle
Linda NoltePresident
Steve LaneVice President
Ann HicksBoard Member
Connie BellcockBoard Member
Craig RockBoard Member
Julie ClaytonBoard Member
Cheryl WuebkerSecretary
Amanda MillerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,100
Program Service Revenue
$0
Investment Income
$83,318
Other Revenue
$-823
All Other Contributions
$3,100
Change in Net Assets
$-15,108
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$100,703
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$0$703$0$703
Total Functional Expenses$0$100,703$0$100,703
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

Members of the governing body are appointed by Opportunity Living, a related organization

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

Board members receive a copy of the Form 990 for review prior to filing

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

Board members are questioned annually concerning any conflicts of interest. They are also required to notify the Foundation of any changes that occur during the year.

Form 990, Part VI, Section B, Line 15

Compensation is determined by the related organization, Opportunity Living

Form 990, Part VI, Section C, Line 19

Governing documents, conflicts of interest policy and financial statements are not made available to public. The Form 990 and related documents are made available for public inspection.

Filing and Contact Details

Filer

Filer Name
Opportunity Living Foundation
EIN
42-1443317
Phone
7124648961
Address
1890 E Main Street, Lake City, IA 51449

Signing Officer

Name
Jill Westcott
Title
CFO
Phone
7124648961
Signed
2021-10-27

Organization Details

Principal Officer
Shannon Mahannah
Formed
1995
Legal Domicile
Ia
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8
Supplemental Narrative

Financial Statement Notes

Schedule D, Part V, Line 4

To provide a permanent endowment to memorialize loved ones

Raw XML AppendixShowing 400 of 658 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
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IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt00
IRS990/InformationTechnologyGrp/ProgramServicesAmt00
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt025887
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt057747
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt083634
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01267303
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt02244756
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0132654
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0179146
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0181708
IRS990/LandBldgEquipCostOrOtherBssAmt0314362
IRS990/LegalDomicileStateCd0IA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt025316
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt041808
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt00
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0To receive and maintain a fund of real and/or personal property to further the mission of Opportunity Living
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt02547040
IRS990/NetAssetsOrFundBalancesEOYAmt02965379
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-316
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-316
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-1973
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-1973
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0433447
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02519212
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02936836
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0808
IRS990/OtherAssetsTotalGrp/EOYAmt0701
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Gift to related organization
IRS990/OtherExpensesGrp/Desc1Life insurance premiums
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0100000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1703
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/TotalAmt0100000
IRS990/OtherExpensesGrp/TotalAmt1703
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0812300
IRS990/OtherRevenueMiscGrp/Desc0Laundry income
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01150
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01150
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt01150
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0310626
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0217212
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01461
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02092
IRS990/PrincipalOfficerNm0Shannon Mahannah
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt06482
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0100851
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0100883
IRS990/PYOtherRevenueAmt04149
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt010599
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0100883
IRS990/PYTotalProfFndrsngExpnsAmt00

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.98$0.01$2.97$0.18$0.10$0.08
2024Summary only. Only limited summary data is available for this year.$2.79$0.01$2.78$0.22$0.18$0.04
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.66$0.01$2.65$0.11$0.13$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.50$0.01$2.50$0.21$0.10$0.11
2021Detailed filing. Detailed filing data is available for this year.$2.99$0.03$2.97$0.09$0.10$0.02
2020Summary only. Only limited summary data is available for this year.$2.56$0.01$2.55$0.11$0.10$0.01
2019Summary only. Only limited summary data is available for this year.$2.63$0.01$2.62$0.10$0.10$0.01
2018Summary only. Only limited summary data is available for this year.$2.69$0.01$2.68$0.20$0.00$0.20
2017Summary only. Only limited summary data is available for this year.$2.53$0.01$2.53$0.09$0.00$0.09
2016Summary only. Only limited summary data is available for this year.$2.29$0.00$2.29$0.14$0.00$0.14
2015Summary only. Only limited summary data is available for this year.$2.28$0.00$2.28$0.18$0.00$0.18
2014Summary only. Only limited summary data is available for this year.$2.20$0.00$2.19$0.18$0.00$0.18
2013Summary only. Only limited summary data is available for this year.$1.88$0.01$1.87$0.09$0.00$0.09
2012Summary only. Only limited summary data is available for this year.$1.65$0.00$1.65$0.06$0.00$0.06
2011Summary only. Only limited summary data is available for this year.$1.62$0.00$1.62$0.05$0.00$0.05