Civic Intelligence

Iowa Falls Community Investment Cor

EIN 42-1485532 • 501(c)6 • Iowa Falls, IA

Profile

Corporation supports economic development for the iowa falls community.

616 Washington AveIowa Falls, IA 50126
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

84th percentile

0.27x

Higher debt load relative to assets than 84% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

100th percentile

25.03x

Higher debt load relative to revenue than 100% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2014

Net Margin

8th percentile

-75%

Higher net margin than 8% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2014

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2014

Asset Growth

51st percentile

-0.8%

Faster asset growth than 51% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

4th percentile

-97%

Faster revenue growth than 4% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets84th percentile

Assets

Down

$285,721

Down $2,333 (-0.8%) from 2013

Liabilities

Flat

$77,419

Flat from 2013

Net Assets

Down

$208,302

Down $2,333 (-1.1%) from 2013

Operations
Liabilities / Revenue100th percentileNet Margin8th percentile

Revenue

Down

$3,093

Down $112,864 (-97%) from 2013

Expenses

Down

$5,426

Down $262 (-4.6%) from 2013

Net Income

Down

-$2,333

Down $112,602 (-102%) from 2013

Trend Graphs

Balance Sheet Trend

Asset Growth51st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2013: $288,054Liabilities 2013: $77,419Net Assets 2013: $210,6352013Assets 2014: $285,721Liabilities 2014: $77,419Net Assets 2014: $208,3022014

Highlighted filing

2014

Assets$285,721
Liabilities$77,419
Net Assets$208,302
Open 2014 Filing

Operations Trend

Revenue Growth4th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2013: $115,957Expenses 2013: $5,688Net Income 2013: $110,2692013Revenue 2014: $3,093Expenses 2014: $5,426Net Income 2014: -$2,3332014

Highlighted filing

2014

Revenue$3,093
Expenses$5,426
Net Income-$2,333
Open 2014 Filing

Filings

Most recent year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$285,721
Liabilities
$77,419
Net assets
$208,302
Revenue
$3,093
Expenses
$5,426
Net income
-$2,333
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2014Detailed filing. Detailed filing data is available for this year.$2.86$0.77$2.08$0.03$0.05$0.02
2013Detailed filing. Detailed filing data is available for this year.$2.88$0.77$2.11$1.16$0.06$1.10
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 13, 2015
Return Version
2014v5.0
Gross Receipts
$3,093
Mission and Program Overview

Mission

Corporation supports economic development for the iowa falls community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$253,472$273,472▲ $20,000
Cap Stk Tr Prin Current Funds$186,718$186,718→ $0
Rtn Earn Endowment Incm Other Fnds$23,917$21,584▼ $2,333
Cash and Non-Interest-Bearing Accounts$34,582$12,249▼ $22,333
Total Assets$288,054$285,721▼ $2,333
Liabilities
Other Liabilities$77,419$77,419→ $0
Total Liabilities$77,419$77,419→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$210,635$208,302▼ $2,333
Total Liabilities and Net Assets / Fund Balance$288,054$285,721▼ $2,333

Asset Categories

AssetBook ValueDepreciationBasis
Land$273,472-$273,472
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Dan StockdalePresident
Bob WelchDirector
Dale HowardDirector
Larry JohnsonSecretary
Mark NollTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,000
Program Service Revenue
$0
Investment Income
$93
Other Revenue
$0
All Other Contributions
$3,000
Change in Net Assets
$-2,333
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,426
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
Interest-$3,033-$3,033
Fees for Services Other-$2,168-$2,168
Insurance-$225-$225
Total Functional Expenses$0$5,426$0$5,426
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$77,419
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Iowa Falls Community Investment Cor
EIN
42-1485532
Phone
6416482544
Address
616 WASHINGTON AVE, IOWA FALLS, IA 50126

Signing Officer

Name
Mark Noll
Title
Treasurer
Phone
6416482544
Signed
2015-05-13

Organization Details

Principal Officer
Mark Noll
Formed
1999
Legal Domicile
Ia
Voting Board Members
9
Independent Board Members
9
Employees
0

Preparer

Firm
Nissly & Nissly
Address
511 WASHINGTON AVE, IOWA FALLS, IA 50126
Preparer
Roger V Nissly
Phone
6416484285
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Property tax 0 2,018 0 miscellaneous 0 150 0”

Raw XML Appendix239 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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ReturnHeader/BuildTS02016-03-07 17:11:31Z
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