Civic Intelligence

Ahead Inc.

990 • Fiscal year 2015 • EIN 42-1446447

Jul 01, 2014 to Jun 30, 2015 • Filed on Dec 21, 2015

PO Box 1110Ottumwa, IA 52501

(641) 684-6551

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.01x

Higher debt load relative to assets than 33% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

34th percentile

0.01x

Higher debt load relative to revenue than 34% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

97th percentile

82%

Higher net margin than 97% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

93rd percentile

93%

Faster asset growth than 93% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

96th percentile

173%

Faster revenue growth than 96% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$888,364

Up $428,588 (+93%) from 2014

Net Assets

Up

$883,904

Up $437,425 (+98%) from 2014

Liabilities

Down

$4,460

Down $8,837 (-66%) from 2014

Revenue

Up

$535,639

Up $339,671 (+173%) from 2014

Expenses

Down

$98,214

Down $14,716 (-13%) from 2014

Net Income

Up

$437,425

Up $354,387 (+427%) from 2014

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $531,451Liabilities 2011: $7,586Net Assets 2011: $523,8652011Assets 2012: $465,543Liabilities 2012: $7,567Net Assets 2012: $457,9762012Assets 2013: $372,356Liabilities 2013: $8,915Net Assets 2013: $363,4412013Assets 2014: $459,776Liabilities 2014: $13,297Net Assets 2014: $446,4792014Assets 2015: $888,364Liabilities 2015: $4,460Net Assets 2015: $883,9042015Assets 2016: $1,136,769Liabilities 2016: $8,892Net Assets 2016: $1,127,8772016Assets 2017: $1,385,619Liabilities 2017: $3,799Net Assets 2017: $1,381,8202017Assets 2018: $1,555,845Liabilities 2018: $0Net Assets 2018: $1,555,8452018Assets 2019: $1,780,253Liabilities 2019: $262Net Assets 2019: $1,779,9912019Assets 2020: $1,963,443Liabilities 2020: $8,928Net Assets 2020: $1,954,5152020Assets 2021: $2,277,509Liabilities 2021: $9,612Net Assets 2021: $2,267,8972021Assets 2022: $2,677,605Liabilities 2022: $11,149Net Assets 2022: $2,666,4562022Assets 2023: $3,020,860Liabilities 2023: $11,518Net Assets 2023: $3,009,3422023Assets 2024: $3,510,755Liabilities 2024: $21,379Net Assets 2024: $3,489,3762024Assets 2025: $3,819,414Liabilities 2025: $26,955Net Assets 2025: $3,792,4592025

Highlighted filing

2015

Assets$888,364
Liabilities$4,460
Net Assets$883,904

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $323,424Expenses 2011: $35,488Net Income 2011: $287,9362011Revenue 2012: $5,041Expenses 2012: $70,930Net Income 2012: -$65,8892012Expenses 2013: $97,4922013Revenue 2014: $195,968Expenses 2014: $112,930Net Income 2014: $83,0382014Revenue 2015: $535,639Expenses 2015: $98,214Net Income 2015: $437,4252015Revenue 2016: $297,416Expenses 2016: $53,443Net Income 2016: $243,9732016Revenue 2017: $312,509Expenses 2017: $58,566Net Income 2017: $253,9432017Revenue 2018: $216,634Expenses 2018: $42,609Net Income 2018: $174,0252018Revenue 2019: $285,915Expenses 2019: $61,769Net Income 2019: $224,1462019Revenue 2020: $268,871Expenses 2020: $94,347Net Income 2020: $174,5242020Revenue 2021: $384,583Expenses 2021: $71,201Net Income 2021: $313,3822021Revenue 2022: $466,531Expenses 2022: $67,972Net Income 2022: $398,5592022Revenue 2023: $526,470Expenses 2023: $183,584Net Income 2023: $342,8862023Revenue 2024: $587,107Expenses 2024: $107,073Net Income 2024: $480,0342024Revenue 2025: $395,604Expenses 2025: $92,521Net Income 2025: $303,0832025

Highlighted filing

2015

Revenue$535,639
Expenses$98,214
Net Income$437,425
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Dec 21, 2015
Return Version
2014v5.0
Gross Receipts
$535,639
Mission and Program Overview

Mission

To help first time homebuyers through low interest loans. The loans can be up to $10,000, payable over a maximum of 10 years, at a 3% interest rate, with an equal monthly payment amount from the borrower. In addition, from the regional housing trust fund monies received, our mission is to provide housing rehabilitation assistance to qualified homeowners, and to provide tenant rental and utility assistance to qualified individuals. In addition, a revolving loan fund has been established in relation to this program for owner and rental rehabilitation loans.

To help first time home buyers through low interest loans. The loans can be up to 5,000, payable over a maximum of 5 years, at a 3% interest rate, with an equal monthly payment amount from the borrower. In addition, from the regional housing trust fund monies received, our mission is to provide housing rehabilitation assistance to qualified homeowners, and to provide tenant rental and utility assistance to qualified individuals. In addition, a revolving loan fund has been established in relation to this program for owner and rental rehbilitation loans.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$308,175$756,966▲ $448,791
Savings and Temporary Cash Investments$69,869$51,917▼ $17,952
Cash and Non-Interest-Bearing Accounts$62,358$46,198▼ $16,160
Total Assets$459,776$888,364▲ $428,588
Other Assets Total$19,374$33,283▲ $13,909
Liabilities
Accounts Payable and Accrued Expenses$13,297$4,460▼ $8,837
Total Liabilities$13,297$4,460▼ $8,837
Net Assets / Fund Balance
Unrestricted Net Assets$332,939$774,540▲ $441,601
Temporarily Rstr Net Assets$113,540$109,364▼ $4,176
Total Net Assets Fund Balance$446,479$883,904▲ $437,425
Total Liabilities and Net Assets / Fund Balance$459,776$888,364▲ $428,588

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$756,966--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dan StrodaChairman
Dan TometichVice - Chair
John HelgersonDirector
Ned VannostrandDirector
Chris BowersSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$528,368
Program Service Revenue
$7,165
Investment Income
$106
Other Revenue
$0
All Other Contributions
$15,814
Change in Net Assets
$437,425

Audited Revenue Reconciliation

Revenue per Audited Statements
$535,639
Total Revenue per Audited Statements
$535,639
Total Revenue per Form 990
$535,639
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$63,817
Grants and Similar Amounts Paid$34,397
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$34,397--$34,397
Other Expenses$4,000$35,483-$4,000
Fees for Services Accounting-$3,845-$3,845
All Other Expenses$1,883--$1,883
Fees for Services Legal-$38-$38
Total Functional Expenses$58,848$39,366$0$98,214

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$98,214
Total Expenses per Audited Statements$98,214
Total Expenses per Form 990$98,214
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Jefferson County IowaFairfield, IAGovHousing Trust$13,557
Love IncOskaloosa, IA501c3Housing Trust$8,847
Wapello County IowaOttumwa, IAGovHousing Trust$7,461
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
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 family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
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, Page 6, Part VI, Line 11B

Reviewed by secretary/treasurer, who discusses it with the other board members prior to approval.

Form 990, Page 6, Part VI, Line 12C

Members monitor one another to ensure that no perceived or actual conflict of interest exists.

Form 990, Page 6, Part VI, Line 19

Available to the public upon request, during normal business hours.

Filing and Contact Details

Filer

Filer Name
Ahead Inc
EIN
42-1446447
Phone
6416846551
Address
PO BOX 1110, OTTUMWA, IA 52501

Signing Officer

Name
Chris Bowers
Title
Secretary/treasurer
Phone
6416846551
Signed
2015-12-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Bowers
Formed
1995
Legal Domicile
Ia
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Faller Kincheloe and Co Plc
Address
2721 SW 30TH ST, DES MOINES, IA 50321-1409
Preparer
Alan Kincheloe
Phone
5153625672
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To help first time home buyers through low interest loans. The loans can be up to 5,000, payable over a maximum of 5 years, at a 3% interest rate, with an equal monthly payment amount from the borrower. In addition, from the regional housing trust fund monies received, our mission is to provide housing rehabilitation assistance to qualified homeowners, and to provide tenant rental and utility assistance to qualified individuals. In addition, a revolving loan fund has been established in relation to this program for owner and rental rehbilitation loans.

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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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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt023500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt012202
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0320569
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01075737
IRS990ScheduleA/TotalSupportAmt01090733
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/ExpensesSubtotalAmt098214
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0756966
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0LOANS RECEIVABLE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/RevenueSubtotalAmt0535639
IRS990ScheduleD/TotalBookValueProgramRltdAmt0756966
IRS990ScheduleD/TotalExpensesPerForm990Amt098214
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IRS990ScheduleI/RecipientTable/CashGrantAmt28847
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOV
IRS990ScheduleI/RecipientTable/IRCSectionDesc1GOV
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501C3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0HOUSING TRUST
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1HOUSING TRUST
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2HOUSING TRUST
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0JEFFERSON COUNTY IOWA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1WAPELLO COUNTY IOWA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2LOVE INC
IRS990ScheduleI/RecipientTable/RecipientEIN0426004656
IRS990ScheduleI/RecipientTable/RecipientEIN1426005095
IRS990ScheduleI/RecipientTable/RecipientEIN2421467762
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt051 EAST BRIGGS
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1101 W 4TH STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2500 HIGH AVE WEST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0FAIRFIELD
IRS990ScheduleI/RecipientTable/USAddress/CityNm1OTTUMWA
IRS990ScheduleI/RecipientTable/USAddress/CityNm2OSKALOOSA
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ELIGIBLE INDIVIDUALS ARE PRE-DEFINED BY THE APPLICATION SUBMITTED TO THE STATE FOR FUNDING. AN ELIGIBLE INDIVIDUAL HAS TO APPLY FOR THE FUNDS FROM THE COUNTY GENERAL RELIEF DIRECTORS. IF THE INDIVIDUAL IS ELIGIBLE BASED ON THE CRITERIA ESTABLISHED BY THE ORGANIZATION, THE ORGANIZATION REIMBURSES THE COUNTY FOR THIS COST. THE COUNTIES HAVE TO PROVIDE DOCUMENTATION TO THE ORGANIZATION TO SHOW THAT THE RECIPIENTS ARE ELIGIBLE FOR THIS ASSISTANCE.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO HELP FIRST TIME HOME BUYERS THROUGH LOW INTEREST LOANS. THE LOANS CAN BE UP TO 5,000, PAYABLE OVER A MAXIMUM OF 5 YEARS, AT A 3% INTEREST RATE, WITH AN EQUAL MONTHLY PAYMENT AMOUNT FROM THE BORROWER. IN ADDITION, FROM THE REGIONAL HOUSING TRUST FUND MONIES RECEIVED, OUR MISSION IS TO PROVIDE HOUSING REHABILITATION ASSISTANCE TO QUALIFIED HOMEOWNERS, AND TO PROVIDE TENANT RENTAL AND UTILITY ASSISTANCE TO QUALIFIED INDIVIDUALS. IN ADDITION, A REVOLVING LOAN FUND HAS BEEN ESTABLISHED IN RELATION TO THIS PROGRAM FOR OWNER AND RENTAL REHBILITATION LOANS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEWED BY SECRETARY/TREASURER, WHO DISCUSSES IT WITH THE OTHER BOARD MEMBERS PRIOR TO APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS MONITOR ONE ANOTHER TO ENSURE THAT NO PERCEIVED OR ACTUAL CONFLICT OF INTEREST EXISTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE TO THE PUBLIC UPON REQUEST, DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TaxablePartyNotificationInd0false
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IRS990/TotalFunctionalExpensesGrp/TotalAmt098214
IRS990/TotalGrossUBIAmt00
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IRS990/TotalProgramServiceExpensesAmt058848
IRS990/TotalProgramServiceRevenueAmt07165
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IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0332939
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0774540
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1110
IRS990/USAddress/CityNm0OTTUMWA
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IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRIS BOWERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06416846551
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-12-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AHEAD INC
ReturnHeader/Filer/BusinessNameControlTxt0AHEA
ReturnHeader/Filer/EIN0421446447
ReturnHeader/Filer/PhoneNum06416846551
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1110
ReturnHeader/Filer/USAddress/CityNm0OTTUMWA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd052501
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0261600907
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FALLER KINCHELOE AND CO PLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02721 SW 30TH ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DES MOINES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0503211409
ReturnHeader/PreparerPersonGrp/PhoneNum05153625672
ReturnHeader/PreparerPersonGrp/PreparationDt02015-12-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALAN KINCHELOE
ReturnHeader/ReturnTs02015-12-23T11:53:55-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.82$0.03$3.79$0.40$0.09$0.30
2024Detailed filing. Detailed filing data is available for this year.$3.51$0.02$3.49$0.59$0.11$0.48
2023Detailed filing. Detailed filing data is available for this year.$3.02$0.01$3.01$0.53$0.18$0.34
2022Detailed filing. Detailed filing data is available for this year.$2.68$0.01$2.67$0.47$0.07$0.40
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.28$0.01$2.27$0.38$0.07$0.31
2020Detailed filing. Detailed filing data is available for this year.$1.96$0.01$1.95$0.27$0.09$0.17
2019Detailed filing. Detailed filing data is available for this year.$1.78$0.00$1.78$0.29$0.06$0.22
2018Detailed filing. Detailed filing data is available for this year.$1.56$0.00$1.56$0.22$0.04$0.17
2017Summary only. Only limited summary data is available for this year.$1.39$0.00$1.38$0.31$0.06$0.25
2016Detailed filing. Detailed filing data is available for this year.$1.14$0.01$1.13$0.30$0.05$0.24
2015Detailed filing. Detailed filing data is available for this year.$0.89$0.00$0.88$0.54$0.10$0.44
2014Detailed filing. Detailed filing data is available for this year.$0.46$0.01$0.45$0.20$0.11$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.01$0.36$0.10
2012Summary only. Only limited summary data is available for this year.$0.47$0.01$0.46$0.01$0.07$0.07
2011Summary only. Only limited summary data is available for this year.$0.53$0.01$0.52$0.32$0.04$0.29