Civic Intelligence

Entrepreneurial Development Center Inc

990 • Fiscal year 2012 • EIN 42-1447565

Jan 01, 2012 to Dec 31, 2012 • Filed on Nov 14, 2013

230 SECOND STREET SE No 21252401
Siviq Scores

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

Liabilities / Assets

31st percentile

0.02x

Higher debt load relative to assets than 31% of similar nonprofits.

2012 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

12th percentile

-15%

Faster asset growth than 12% of similar nonprofits.

2012 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$675,285

Down $122,313 (-15%) from 2011

Net Assets

Down

$664,129

Down $125,580 (-16%) from 2011

Liabilities

Up

$11,156

Up $3,267 (+41%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$887,349

Up $63,232 (+7.7%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $697,390Liabilities 2010: $10,571Net Assets 2010: $686,8192010Assets 2011: $797,598Liabilities 2011: $7,889Net Assets 2011: $789,7092011Assets 2012: $675,285Liabilities 2012: $11,156Net Assets 2012: $664,1292012Assets 2013: $540,115Liabilities 2013: $11,834Net Assets 2013: $528,2812013Assets 2014: $338,367Liabilities 2014: $9,486Net Assets 2014: $328,8812014Assets 2015: $220,581Liabilities 2015: $8,671Net Assets 2015: $211,9102015Assets 2016: $265,363Liabilities 2016: $9,728Net Assets 2016: $255,6352016Assets 2017: $424,965Liabilities 2017: $18,270Net Assets 2017: $406,6952017Assets 2018: $514,649Liabilities 2018: $18,760Net Assets 2018: $495,8892018Assets 2019: $559,763Liabilities 2019: $25,375Net Assets 2019: $534,3882019Assets 2020: $676,242Liabilities 2020: $124,929Net Assets 2020: $551,3132020Assets 2021: $775,334Liabilities 2021: $215,666Net Assets 2021: $559,6682021Assets 2022: $895,558Liabilities 2022: $195,317Net Assets 2022: $700,2412022Assets 2023: $805,938Liabilities 2023: $156,116Net Assets 2023: $649,8222023Assets 2024: $840,402Liabilities 2024: $209,290Net Assets 2024: $631,1122024

Highlighted filing

2012

Assets$675,285
Liabilities$11,156
Net Assets$664,129

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $835,8102010Revenue 2011: $927,007Expenses 2011: $824,117Net Income 2011: $102,8902011Expenses 2012: $887,3492012Revenue 2013: $802,284Expenses 2013: $938,132Net Income 2013: -$135,8482013Revenue 2014: $778,456Expenses 2014: $977,856Net Income 2014: -$199,4002014Revenue 2015: $830,881Expenses 2015: $947,850Net Income 2015: -$116,9692015Revenue 2016: $886,132Expenses 2016: $847,281Net Income 2016: $38,8512016Revenue 2017: $938,836Expenses 2017: $858,779Net Income 2017: $80,0572017Revenue 2018: $979,679Expenses 2018: $890,485Net Income 2018: $89,1942018Revenue 2019: $1,044,696Expenses 2019: $1,006,197Net Income 2019: $38,4992019Revenue 2020: $1,059,705Expenses 2020: $1,042,780Net Income 2020: $16,9252020Revenue 2021: $1,030,832Expenses 2021: $1,022,477Net Income 2021: $8,3552021Revenue 2022: $991,681Expenses 2022: $851,108Net Income 2022: $140,5732022Revenue 2023: $854,202Expenses 2023: $904,621Net Income 2023: -$50,4192023Revenue 2024: $990,261Expenses 2024: $1,008,971Net Income 2024: -$18,7102024

Highlighted filing

2012

Revenue-
Expenses$887,349
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Nov 14, 2013
Return Version
2012v2.1
Gross Receipts
$761,769
Mission and Program Overview

Mission

To provide economic growth in the cedar rapids/iowa city corridor and throughout the state of iowa through the expansion of entrepreneurial enterprise.

Major Activities

Activity 2
Networking and educational services:events and services are designed to expand entrepreneurs per resource pools and entrepreneurial knowledge through meetings, newsletters, seminars and guidance. 90 entrepreneurs were assisted during the year ended december 31, 2012.
Filing and Contact Details

Filer

EIN
42-1447565
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IRS990ScheduleL/Form990ScheduleLPartIV/DescriptionOfTransaction0THE ORGANIZATION ADVANCED FUNDS TO THE IOWA SEED FUND II FOR START-UP COSTS IN 2011. THESE FUNDS WERE PAID BACK TO THE ORGANIZATION IN 2012.
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IRS990ScheduleL/Form990ScheduleLPartIV/Relationship0AN ENTITY MANAGED BY THE ORGANIZATION'S CEO
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IRS990ScheduleO/GeneralExplanation/Explanation0THE FORM 990 IS REVIEWED BY THE CEO AND FINANCE COMMITTEE PRIOR TO FILING. A COPY OF THE FINAL VERSION OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/GeneralExplanation/Explanation1THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY. EACH BOARD MEMBER IS REQUIRED TO COMPLETE A FORM ANNUALLY DISCLOSING ANY CONFLICT OF INTEREST THEY MAY HAVE. COMPLIANCE WITH THE POLICY IS REVIEWED ANNUALLY BY OUTSIDE COUNCIL. ANY CONFLICTS ARE ALSO ADDRESSED AT EACH BOARD AND COMMITTEE MEETING.
IRS990ScheduleO/GeneralExplanation/Explanation2AN ANNUAL COMPENSATION PLAN FOR THE ORGANIZATION'S CEO IS DRAWN UP BY THE CEO AND PRESENTED TO THE BOARD FOR APPROVAL EACH YEAR DURING THE 4TH QUARTER MEETING. THE PROPOSED COMPENSATION IS DERIVED USING SALARIES OF CEO'S AND EXECUTIVE DIRECTORS OF SIMILAR ORGANIZATIONS. IF THE BOARD FEELS ANY CHANGES SHOULD BE MADE, THE ORIGINAL PLAN IS AMENDED AND THE FINAL PLAN IS VOTED ON BY ALL VOTING MEMBERS OF THE BOARD.
IRS990ScheduleO/GeneralExplanation/Explanation3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
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IRS990ScheduleO/GeneralExplanation/ReturnReference1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/GeneralExplanation/ReturnReference2Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/GeneralExplanation/ReturnReference3Form 990, Part VI, Section C, line 19
IRS990/ScheduleORequired01
IRS990/School00
IRS990/SignificantChange00
IRS990/SignificantNewProgramServices00
IRS990/StateLegalDomicile0IA
IRS990/SubjectToProxyTax01
IRS990/TaxablePartyNotification00
IRS990/TaxExemptBonds00
IRS990/Terminated00
IRS990/TermOrPermanentEndowments00
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine10230 SECOND STREET SE SUITE 212
IRS990/TheBooksAreInCareOf/AddressUS/City0CEDAR RAPIDS
IRS990/TheBooksAreInCareOf/AddressUS/State0IA
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode052401
IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine10CURTIS NELSON
IRS990/TheBooksAreInCareOf/TelephoneNumber03193694955
IRS990/TotalAssets/BOY0797598
IRS990/TotalAssetsBOY0797598
IRS990/TotalAssets/EOY0675285
IRS990/TotalAssetsEOY0675285
IRS990/TotalCompGT150K01
IRS990/TotalContributions0467071
IRS990/TotalExpensesCurrentYear0887349
IRS990/TotalExpensesPriorYear0824117
IRS990/TotalFunctionalExpenses/Total0887349
IRS990/TotalFundrsngExpCurrentYear00
IRS990/TotalGrossUBI00
IRS990/TotalLiabilities/BOY07889
IRS990/TotalLiabilitiesBOY07889
IRS990/TotalLiabilities/EOY011156
IRS990/TotalLiabilitiesEOY011156
IRS990/TotalLiabNetAssetsFundBalances/BOY0797598
IRS990/TotalLiabNetAssetsFundBalances/EOY0675285
IRS990/TotalNbrEmployees06
IRS990/TotalNbrVolunteers015
IRS990/TotalNetAssetsFundBalances/BOY0789709
IRS990/TotalNetAssetsFundBalances/EOY0664129
IRS990/TotalOtherCompensation021983
IRS990/TotalOtherRevenue0125
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProfFundrsngExpPriorYear00
IRS990/TotalProgramServiceRevenue0293512
IRS990/TotalReportableCompFrmRltdOrgs00
IRS990/TotalReportableCompFromOrg0252731
IRS990/TotalRevenueCurrentYear0761769
IRS990/TotalRevenue/ExclusionAmount01061
IRS990/TotalRevenuePriorYear0927007
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome0293637
IRS990/TotalRevenue/TotalRevenueColumn0761769
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IRS990/Travel/Total010116
IRS990/TypeOfOrganizationCorporation0X
IRS990/UnrelatedBusinessIncome00
IRS990/UnrestrictedNetAssets/BOY0789709

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.84$0.21$0.63$0.99$1.01$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.81$0.16$0.65$0.85$0.90$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.90$0.20$0.70$0.99$0.85$0.14
2021Detailed filing. Detailed filing data is available for this year.$0.78$0.22$0.56$1.03$1.02$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.68$0.12$0.55$1.06$1.04$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.56$0.03$0.53$1.04$1.01$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.51$0.02$0.50$0.98$0.89$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.42$0.02$0.41$0.94$0.86$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.27$0.01$0.26$0.89$0.85$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.22$0.01$0.21$0.83$0.95$0.12
2014Detailed filing. Detailed filing data is available for this year.$0.34$0.01$0.33$0.78$0.98$0.20
2013Detailed filing. Detailed filing data is available for this year.$0.54$0.01$0.53$0.80$0.94$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.01$0.66$0.89
2011Summary only. Only limited summary data is available for this year.$0.80$0.01$0.79$0.93$0.82$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.01$0.69$0.84