Civic Intelligence

Dora L Mahanay Educational Trust

990PF • Fiscal year 2020 • EIN 42-6091712

Jan 01, 2020 to Dec 31, 2020 • Filed on May 13, 2021

PO Box 351Jefferson, IA 50129

(515) 386-2131

Siviq Scores

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

Liabilities / Assets

39th percentile

0.00x

Higher debt load relative to assets than 39% of similar nonprofits.

2020 filings • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

38th percentile

0.00x

Higher debt load relative to revenue than 38% of similar nonprofits.

2020 filings • $500k-$1M nonprofits • Source year 2020

Net Margin

64th percentile

15%

Higher net margin than 64% of similar nonprofits.

2020 filings • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

62nd percentile

$9,189

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 6.9% of source-year revenue.

2020 filings • $500k-$1M nonprofits • Source year 2020

Asset Growth

37th percentile

-0.3%

Faster asset growth than 37% of similar nonprofits.

2020 filings • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

65th percentile

7.2%

Faster revenue growth than 65% of similar nonprofits.

2020 filings • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Down

$796,826

Down $2,677 (-0.3%) from 2019

Net Assets

Down

$796,825

Down $2,677 (-0.3%) from 2019

Liabilities

Flat

$1

Flat from 2019

Revenue

Up

$133,273

Up $8,972 (+7.2%) from 2019

Expenses

Up

$113,591

Up $7,564 (+7.1%) from 2019

Net Income

Up

$19,682

Up $1,408 (+7.7%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $860,595Liabilities 2011: $0Net Assets 2011: $860,5952011Assets 2012: $857,597Liabilities 2012: $0Net Assets 2012: $857,5972012Assets 2013: $855,811Liabilities 2013: $0Net Assets 2013: $855,8112013Assets 2014: $851,449Liabilities 2014: $0Net Assets 2014: $851,4492014Assets 2015: $847,898Liabilities 2015: $0Net Assets 2015: $847,8982015Assets 2016: $843,989Liabilities 2016: $0Net Assets 2016: $843,9892016Assets 2017: $829,027Liabilities 2017: $0Net Assets 2017: $829,0272017Assets 2018: $807,102Liabilities 2018: $3Net Assets 2018: $807,0992018Assets 2019: $799,503Liabilities 2019: $1Net Assets 2019: $799,5022019Assets 2020: $796,826Liabilities 2020: $1Net Assets 2020: $796,8252020Assets 2021: $793,175Liabilities 2021: $0Net Assets 2021: $793,1752021Assets 2022: $790,222Liabilities 2022: $0Net Assets 2022: $790,2222022Assets 2023: $788,544Liabilities 2023: $0Net Assets 2023: $788,5442023Assets 2024: $789,029Liabilities 2024: $0Net Assets 2024: $789,0292024

Highlighted filing

2020

Assets$796,826
Liabilities$1
Net Assets$796,825

Operations Trend

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

$200K$100K$0-$100KExpenses 2011: $110,3552011Expenses 2012: $100,3922012Revenue 2013: $139,182Expenses 2013: $107,665Net Income 2013: $31,5172013Revenue 2014: $128,362Expenses 2014: $105,933Net Income 2014: $22,4292014Revenue 2015: $114,222Expenses 2015: $139,548Net Income 2015: -$25,3262015Revenue 2016: $99,484Expenses 2016: $148,382Net Income 2016: -$48,8982016Revenue 2017: $115,758Expenses 2017: $167,509Net Income 2017: -$51,7512017Revenue 2018: $131,444Expenses 2018: $79,322Net Income 2018: $52,1222018Revenue 2019: $124,301Expenses 2019: $106,027Net Income 2019: $18,2742019Revenue 2020: $133,273Expenses 2020: $113,591Net Income 2020: $19,6822020Revenue 2021: $137,869Expenses 2021: $134,477Net Income 2021: $3,3922021Revenue 2022: $12,448Expenses 2022: $15,401Net Income 2022: -$2,9532022Revenue 2023: $17,639Expenses 2023: $18,824Net Income 2023: -$1,1852023Revenue 2024: $20,807Expenses 2024: $19,862Net Income 2024: $9452024

Highlighted filing

2020

Revenue$133,273
Expenses$113,591
Net Income$19,682
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 13, 2021
Return Version
2020v4.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Home State BankTrustee-$9,189-$9,189
Kathy MorainTrustee-$2,200-$2,200
Cindi DaubendiekTrusteePT$2,200-$2,200
Filing and Contact Details

Filer

Filer Name
Dora Mahanay Educational Trust
EIN
42-6091712
Phone
5153862131
Address
PO Box 351, Jefferson, IA 50129

Signing Officer

Name
Kathy Morain
Title
Chairman
Signed
2021-05-13
Discuss with paid preparer
Yes

Preparer

Firm
Hoyt Law Firm PC
Address
101 N Grimmell Rd, Jefferson, IA 50129
Preparer
David F Morain
Phone
5153865428
Raw XML Appendix305 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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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0Kathy Morain
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm1Home State Bank
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm2Cindi Daubendiek
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt0Trustee
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt0105 S Maple
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt1115 W State St
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt2604 S Walnut
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IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt0Nominal interest received from bank deposits assists in defraying organizational overhead, allowing the organization to keep more capital available for low-interest loans to students.
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt1Nominal interest/dividend income received from investments assists in defraying organizational overhead, allowing the organization to keep more capital available for low-interest loans to students.
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt2This amount represents total repayments of student loans, including both interest and principal. Also includes real estate tax refunds received.
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IRS990PF/StatementsRegardingActyGrp/PersonsWithBooksName/BusinessNameLine1Txt0Danille Curtis
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IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0Educational Trust provides low-intrest educational loans for students seeking a secondary education. Expenses incurred are for organizational overhead.
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IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPersonNm0Dora Mahanay Educational Trust
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IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RestrictionsOnAwardsTxt0No awards/grants, only loan funds.
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/SubmissionDeadlinesTxt0No specific deadlines but limited by available funds each yr
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IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt04400
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt04400
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LegalFeesSchedule/LegalFeesGrp/AdjustedNetIncomeAmt02762
LegalFeesSchedule/LegalFeesGrp/CategoryTxt0Hoyt & Morain Law Firm
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LegalFeesSchedule/LegalFeesGrp/LegalFeesAmt02762
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OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt11021
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt2360
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OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc3Surety Bond Premium
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OtherIncreasesSchedule/OtherIncreasesDetail/Amt195750
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OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt1Tax Prep
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OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/NetInvestmentIncomeAmt04
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/NetInvestmentIncomeAmt175
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Kathy Morain
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Dora Mahanay Educational Trust
ReturnHeader/Filer/BusinessNameControlTxt0DORA
ReturnHeader/Filer/EIN0426091712
ReturnHeader/Filer/PhoneNum05153862131
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 351
ReturnHeader/Filer/USAddress/CityNm0Jefferson
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050129
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Jefferson
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ReturnHeader/PreparerPersonGrp/PhoneNum05153865428
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0David F Morain
ReturnHeader/ReturnTs02021-05-13T11:09:54-07:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Kathy
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ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.89$0.00$7.89$0.21$0.20$0.01
2023Detailed filing. Detailed filing data is available for this year.$7.89$0.00$7.89$0.18$0.19$0.01
2022Detailed filing. Detailed filing data is available for this year.$7.90$0.00$7.90$0.12$0.15$0.03
2021Detailed filing. Detailed filing data is available for this year.$7.93$0.00$7.93$1.38$1.34$0.03
2020Detailed filing. Detailed filing data is available for this year.$7.97$0.00$7.97$1.33$1.14$0.20
2019Detailed filing. Detailed filing data is available for this year.$8.00$0.00$8.00$1.24$1.06$0.18
2018Detailed filing. Detailed filing data is available for this year.$8.07$0.00$8.07$1.31$0.79$0.52
2017Detailed filing. Detailed filing data is available for this year.$8.29$0.00$8.29$1.16$1.68$0.52
2016Detailed filing. Detailed filing data is available for this year.$8.44$0.00$8.44$0.99$1.48$0.49
2015Detailed filing. Detailed filing data is available for this year.$8.48$0.00$8.48$1.14$1.40$0.25
2014Detailed filing. Detailed filing data is available for this year.$8.51$0.00$8.51$1.28$1.06$0.22
2013Detailed filing. Detailed filing data is available for this year.$8.56$0.00$8.56$1.39$1.08$0.32
2012Detailed filing. Detailed filing data is available for this year.$8.58$0.00$8.58$1.00
2011Detailed filing. Detailed filing data is available for this year.$8.61$0.00$8.61$1.10