Civic Intelligence

Polk County Rural Water Dist No 1

990 • Fiscal year 2014 • EIN 42-6076458

Jan 01, 2014 to Dec 31, 2014 • Filed on Mar 03, 2015

Organization ProfileN/A
452 NW 70th PlaceAnkeny, IA 50023

(515) 289-1877

Siviq Scores

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

Liabilities / Assets

2nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

3rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2014

Net Margin

99th percentile

84%

Higher net margin than 99% of similar nonprofits.

2014 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

59th percentile

$0

Higher top officer pay than 59% of similar nonprofits.

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

2014 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2014

Asset Growth

57th percentile

0.7%

Faster asset growth than 57% of similar nonprofits.

2014 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2012 to 2014

Revenue Growth

76th percentile

8.9%

Faster revenue growth than 76% of similar nonprofits.

2014 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2011 to 2014

Balance Sheet
Liabilities / Assets2nd percentile

Assets

Up

$1,051,241

Up $13,908 (+1.3%) from 2012

Net Assets

Up

$1,051,241

Up $19,351 (+1.9%) from 2012

Liabilities

Down

$0

Down $5,443 (-100%) from 2012

Revenue And Expenses
Liabilities / Revenue3rd percentileNet Margin99th percentile

Revenue

$123,338

No earlier filing loaded for comparison.

Expenses

Down

$19,703

Down $84,193 (-81%) from 2012

Net Income

$103,635

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth57th percentile

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

$1.5M$1.0M$500K$0Assets 2011: $1,051,195Liabilities 2011: $6,635Net Assets 2011: $1,044,5602011Assets 2012: $1,037,333Liabilities 2012: $5,443Net Assets 2012: $1,031,8902012Assets 2014: $1,051,241Liabilities 2014: $0Net Assets 2014: $1,051,2412014

Highlighted filing

2014

Assets$1,051,241
Liabilities$0
Net Assets$1,051,241
Open 2014 Filing

Operations Trend

Revenue Growth76th percentile

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

$150K$100K$50K$0Revenue 2011: $95,460Expenses 2011: $90,503Net Income 2011: $4,9572011Expenses 2012: $103,8962012Revenue 2014: $123,338Expenses 2014: $19,703Net Income 2014: $103,6352014

Highlighted filing

2014

Revenue$123,338
Expenses$19,703
Net Income$103,635
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Mar 3, 2015
Return Version
2014v5.0
Gross Receipts
$326,179
Mission and Program Overview

Mission

Provide water service to residents in district's service area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$227,809$507,019▲ $279,210
Land, Buildings, and Equipment, Net$672,949$503,817▼ $169,132
Cash and Non-Interest-Bearing Accounts$46,848$40,405▼ $6,443
Total Assets$947,606$1,051,241▲ $103,635
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$947,606$1,051,241▲ $103,635
Total Net Assets Fund Balance$947,606$1,051,241▲ $103,635
Total Liabilities and Net Assets / Fund Balance$947,606$1,051,241▲ $103,635

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$503,817$343,979$847,796
Compensation and Service Providers
Top Officer Pay59th percentile

Board Members and Trustees

NameTitle
Francis E SchlueterChair
Duane ToppinVice-chairma
Clate VanderpoolDirector
Donald MinksDirector
Steve GrahamDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$123,338
Other Revenue
$0
Change in Net Assets
$103,635
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$19,703
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
Depreciation Depletion$17,502--$17,502
Insurance$1,236--$1,236
Conferences and Meetings-$965-$965
Total Functional Expenses$18,738$965$0$19,703
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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

“Chairman reviews return prior to authorizing electronic filing.”

Form 990, Page 6, Part VI, Line 19

“UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Polk County Rural Water District No
EIN
42-6076458
Phone
5152891877
Address
452 NW 70TH PLACE, ANKENY, IA 50023

Signing Officer

Name
Francis Schlueter
Title
Chairman
Phone
5152891877
Signed
2015-03-03

Organization Details

Principal Officer
Francis E Schleuter
Formed
1948
Legal Domicile
Ia
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Schuring Uitermarkt Sims Mccleishvermeer
Address
916 W 16TH ST, PELLA, IA 50219-7918
Preparer
Stanley E Siebke
Phone
6416284521
Raw XML Appendix235 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/TitleTxt1VICE-CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01948
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IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
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IRS990/NoListedPersonsCompensatedInd0X
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IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
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IRS990/OtherSourcesGrossIncomeAmt0326179
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IRS990/PoliticalCampaignActyInd0false
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IRS990/ReconcilationRevenueExpnssAmt0103635
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ReturnHeader/BuildTS02016-04-25 22:37:26Z
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ReturnHeader/Filer/BusinessNameControlTxt0POLK
ReturnHeader/Filer/EIN0426076458
ReturnHeader/Filer/PhoneNum05152891877
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STANLEY E SIEBKE
ReturnHeader/ReturnTs02015-03-05T17:27:42-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$1,051,241
Liabilities
$0
Net assets
$1,051,241
Revenue
$123,338
Expenses
$19,703
Net income
$103,635
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2014Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$0.12$0.02$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.01$1.03$0.10
2011Summary only. Only limited summary data is available for this year.$1.05$0.01$1.04$0.10$0.09$0.00
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)12 • $1M-$5M nonprofits