Civic Intelligence

Titonka Area Economic Development Corporation

990EZ • Fiscal year 2015 • EIN 42-1480716

Jul 01, 2014 to Jun 30, 2015 • Filed on Oct 19, 2015

173 Main Street N Box 309Titonka, IA 50480-0365

(641) 928-2142

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

Higher debt load relative to assets than 49% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.01x

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

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Net Margin

9th percentile

-28%

Higher net margin than 9% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

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

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Asset Growth

30th percentile

-6.8%

Faster asset growth than 30% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

14th percentile

-24%

Faster revenue growth than 14% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Flat

$173,655

Flat from 2015

Net Assets

$173,237

No earlier filing loaded for comparison.

Liabilities

Flat

$418

Flat from 2015

Revenue

Flat

$44,608

Flat from 2015

Expenses

Flat

$57,253

Flat from 2015

Net Income

Flat

-$12,645

Flat from 2015

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $210,563Liabilities 2011: $5462011Assets 2012: $201,581Liabilities 2012: $4512012Assets 2013: $193,436Liabilities 2013: $426Net Assets 2013: $193,0102013Assets 2014: $186,275Liabilities 2014: $393Net Assets 2014: $185,8822014Assets 2015: $173,655Liabilities 2015: $418Net Assets 2015: $173,2372015Assets 2015: $173,655Liabilities 2015: $4182015

Highlighted filing

2015

Assets$173,655
Liabilities$418
Net Assets$173,237

Operations Trend

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

$100K$50K$0-$50KRevenue 2011: $61,312Expenses 2011: $71,087Net Income 2011: -$9,7752011Revenue 2012: $62,366Expenses 2012: $71,255Net Income 2012: -$8,8892012Expenses 2013: $66,2572013Revenue 2014: $58,347Expenses 2014: $65,475Net Income 2014: -$7,1282014Revenue 2015: $44,608Expenses 2015: $57,253Net Income 2015: -$12,6452015Revenue 2015: $44,608Expenses 2015: $57,253Net Income 2015: -$12,6452015

Highlighted filing

2015

Revenue$44,608
Expenses$57,253
Net Income-$12,645
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Oct 19, 2015
Return Version
2014v5.0
Gross Receipts
$44,608
Mission and Program Overview

Mission

1. Own and operate the titonka topic (newspaper publisher) 2. Maintain and administer the revolving loan fund. 3. Maintain and administer the titonka website.

Program Services

DescriptionGrantsExpenses
1. OWN AND OPERATE THE TITONKA TOPIC (NEWSPAPER PUBLISHER) 2. MAINTAIN AND ADMINISTER THE REVOLVING LOAN FUND. 3. MAINTAIN AND ADMINISTER THE TITONKA WEBSITE.--
1. OWN AND OPERATE THE TITONKA TOPIC (NEWSPAPER PUBLISHER) 2. MAINTAIN AND ADMINISTER THE REVOLVING LOAN FUND. 3. MAINTAIN AND ADMINISTER THE TITONKA WEBSITE.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TODD SCHWARTZPresident-$0--
JAMES MAYLANDVice Preside-$0--
VICKY NELSONSecretary-$0--
CRAIG HEYERTreasurer-$0--
GAIL HAMILTONDirector-$0--
MIKE HEYERDirector-$0--
RANDY TJADENDirector-$0--
JOHN HAMILTONDirector-$0--
KENNETH SPEARDirector-$0--
Filing and Contact Details

Filer

Filer Name
Titonka Area Economic Development
EIN
42-1480716
Phone
6419282142
Address
173 MAIN STREET N BOX 309, TITONKA, IA 50480-0365

Signing Officer

Name
Todd Schwartz
Title
President
Phone
6419282142
Signed
2015-10-19
Discuss with paid preparer
Yes

Preparer

Firm
Dk Arndt Pc
Address
116 EAST I STREET, FOREST CITY, IA 50436-1760
Preparer
Gustave R Byom CPA
Phone
6415854631
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Titonka topic 44,498 total 44,498

Form 990-ez, Part I, Line 16

Titonka topic advertising and promotion 25 office 601 insurance 2,504 dues and subs 93 postage 4,168 expenses marketing 1,400 non-investment depreciation 820 total 9,611

Form 990-ez, Part II, Line 24

Accounts receivable 4,302 4,167 35,568 35,568 less accumulated depreciation 30,490 31,310 titonka topic 33,875 33,875 total 43,255 42,300

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 393 418

Form 990-ez, Part III

1. Own and operate the titonka topic (newspaper publisher) 2. Maintain and administer the revolving loan fund. 3. Maintain and administer the titonka website.

Form 990-ez, Part III, Line 31

1. Own and operate the titonka topic (newspaper publisher) 2. Maintain and administer the revolving loan fund. 3. Maintain and administer the titonka website.

Raw XML Appendix135 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/MethodOfAccountingAccrualInd0X
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IRS990EZ/NetAssetsOrFundBalancesEOYAmt0173237
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OperateHospitalInd0false
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IRS990EZ/PrimaryExemptPurposeTxt01. OWN AND OPERATE THE TITONKA TOPIC (NEWSPAPER PUBLISHER) 2. MAINTAIN AND ADMINISTER THE REVOLVING LOAN FUND. 3. MAINTAIN AND ADMINISTER THE TITONKA WEBSITE.
IRS990EZ/PrintingPublicationsPostageAmt021654
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IRS990EZ/TotalRevenueAmt044608
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TITONKA TOPIC 44,498 TOTAL 44,498
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TITONKA TOPIC ADVERTISING AND PROMOTION 25 OFFICE 601 INSURANCE 2,504 DUES AND SUBS 93 POSTAGE 4,168 EXPENSES MARKETING 1,400 NON-INVESTMENT DEPRECIATION 820 TOTAL 9,611
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 4,302 4,167 35,568 35,568 LESS ACCUMULATED DEPRECIATION 30,490 31,310 TITONKA TOPIC 33,875 33,875 TOTAL 43,255 42,300
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 393 418
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt41. OWN AND OPERATE THE TITONKA TOPIC (NEWSPAPER PUBLISHER) 2. MAINTAIN AND ADMINISTER THE REVOLVING LOAN FUND. 3. MAINTAIN AND ADMINISTER THE TITONKA WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt51. OWN AND OPERATE THE TITONKA TOPIC (NEWSPAPER PUBLISHER) 2. MAINTAIN AND ADMINISTER THE REVOLVING LOAN FUND. 3. MAINTAIN AND ADMINISTER THE TITONKA WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06419282142
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-10-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TITONKA AREA ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessNameControlTxt0TITO
ReturnHeader/Filer/EIN0421480716
ReturnHeader/Filer/PhoneNum06419282142
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0116 EAST I STREET
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0504361760
ReturnHeader/PreparerPersonGrp/PhoneNum06415854631
ReturnHeader/PreparerPersonGrp/PreparationDt02015-10-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GUSTAVE R BYOM CPA
ReturnHeader/ReturnTs02015-10-19T16:54:10-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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Filings