Civic Intelligence

The Industrial Development Authority

990 • Fiscal year 2020 • EIN 43-1678434

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 10, 2021

Organization ProfileN/A
601 S Grand AveHouston, MO 65483

(417) 967-3348

Siviq Scores

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

Liabilities / Assets

68th percentile

0.19x

Higher debt load relative to assets than 68% of similar nonprofits.

2020 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

93rd percentile

3.01x

Higher debt load relative to revenue than 93% of similar nonprofits.

2020 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2020

Net Margin

19th percentile

-9.9%

Higher net margin than 19% of similar nonprofits.

2020 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

61st percentile

$0

Higher top officer pay than 61% of similar nonprofits.

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

2020 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2020

Asset Growth

13th percentile

-7.0%

Faster asset growth than 13% of similar nonprofits.

2020 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

12th percentile

-35%

Faster revenue growth than 12% of similar nonprofits.

2020 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets68th percentile

Assets

Flat

$3,547,736

Flat from 2020

Net Assets

Flat

$2,873,043

Flat from 2020

Liabilities

Flat

$674,693

Flat from 2020

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin19th percentile

Revenue

Flat

$224,228

Flat from 2020

Expenses

Flat

$246,363

Flat from 2020

Net Income

Flat

-$22,135

Flat from 2020

Historical Trend

Balance Sheet Trend

Asset Growth13th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $3,901,962Liabilities 2011: $718,101Net Assets 2011: $3,183,8612011Assets 2013: $3,361,528Liabilities 2013: $343,471Net Assets 2013: $3,018,0572013Assets 2015: $3,235,749Liabilities 2015: $260,488Net Assets 2015: $2,975,2612015Assets 2016: $3,127,361Liabilities 2016: $129,572Net Assets 2016: $2,997,7892016Assets 2017: $3,119,866Liabilities 2017: $113,708Net Assets 2017: $3,006,1582017Assets 2018: $3,015,256Liabilities 2018: $0Net Assets 2018: $3,015,2562018Assets 2019: $3,816,685Liabilities 2019: $758,222Net Assets 2019: $3,058,4632019Assets 2020: $3,547,736Liabilities 2020: $674,693Net Assets 2020: $2,873,0432020Assets 2020: $3,547,736Liabilities 2020: $674,693Net Assets 2020: $2,873,0432020Assets 2021: $2,652,158Liabilities 2021: $0Net Assets 2021: $2,652,1582021Assets 2022: $2,658,695Liabilities 2022: $0Net Assets 2022: $2,658,6952022Assets 2024: $2,845,049Liabilities 2024: $0Net Assets 2024: $2,845,0492024

Highlighted filing

2020

Assets$3,547,736
Liabilities$674,693
Net Assets$2,873,043
Open 2020 Filing

Operations Trend

Revenue Growth12th percentile

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

$400K$200K$0-$200K-$400KRevenue 2011: $118,733Expenses 2011: $106,199Net Income 2011: $12,5342011Revenue 2013: $68,631Expenses 2013: $122,471Net Income 2013: -$53,8402013Revenue 2015: $48,500Expenses 2015: $5,504Net Income 2015: $42,9962015Revenue 2016: $41,000Expenses 2016: $18,472Net Income 2016: $22,5282016Revenue 2017: $33,000Expenses 2017: $24,631Net Income 2017: $8,3692017Revenue 2018: $36,296Expenses 2018: $27,198Net Income 2018: $9,0982018Revenue 2019: $345,713Expenses 2019: $182,136Net Income 2019: $163,5772019Revenue 2020: $224,228Expenses 2020: $246,363Net Income 2020: -$22,1352020Revenue 2020: $224,228Expenses 2020: $246,363Net Income 2020: -$22,1352020Revenue 2021: $166,743Expenses 2021: $385,746Net Income 2021: -$219,0032021Revenue 2022: $86,079Expenses 2022: $88,964Net Income 2022: -$2,8852022Revenue 2024: $137,897Expenses 2024: $97,569Net Income 2024: $40,3282024

Highlighted filing

2020

Revenue$224,228
Expenses$246,363
Net Income-$22,135
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 10, 2021
Return Version
2020v4.1
Gross Receipts
$224,228
Mission and Program Overview

Mission

To promote industrial development by providing industrial buildings to provide jobs in the houston, mo area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$3,058,463$2,873,043▼ $185,420
Land, Buildings, and Equipment, Net$3,066,579$2,798,185▼ $268,394
Cash and Non-Interest-Bearing Accounts$234,013$249,099▲ $15,086
Total Assets$3,816,685$3,547,736▼ $268,949
Other Assets Total$516,093$500,452▼ $15,641
Liabilities
Mortgage Notes Payable Secured by Investment Property$758,222$674,693▼ $83,529
Total Liabilities$758,222$674,693▼ $83,529
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,058,463$2,873,043▼ $185,420
Total Liabilities and Net Assets / Fund Balance$3,816,685$3,547,736▼ $268,949

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,542,831$1,458,910-
Land$255,354--
Other Assets Org$500,452--
Compensation and Service Providers
Top Officer Pay61st percentile

Board Members and Trustees

NameTitle
Justin ShelbyPresident
Chris StricklandDirector
Eric WellsDirector
Tom DunnSecretary
Brad ReesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$29,531
Program Service Revenue
$193,996
Investment Income
$0
Other Revenue
$701
Change in Net Assets
$-22,135
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$245,363
Grants and Similar Amounts Paid$1,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$102,608--$102,608
Other Expenses$53,312--$53,312
Interest$36,471--$36,471
Fees for Services Other$16,539--$16,539
Occupancy$7,898--$7,898
Insurance$1,878--$1,878
Grants to Domestic Orgs$1,000--$1,000
Fees for Services Accounting$825--$825
Conferences and Meetings-$293-$293
Fees for Services Legal$202--$202
Advertising-$70-$70
Total Functional Expenses$246,000$363$0$246,363
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
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes

Governance Explanations

Management duties delegation Part VI line 3

“The Authority utilized the service of the Economic Development Director employed by the City of Houston to make business contracts.”

Form 990 governing body review Part VI line 11

“The 990 is reviewed by members of the board before it is filed.”

Conflict of interest policy compliance Part VI line 12C

“The Industrial Development Authority is a component unit of City of Houston with its own governing body. The IDAs governing body reviews all contracts and then submits them to the governing body of the City of Houston to be approved.”

Governing documents etc available to public Part VI line 19

“A notice is posted at City Hall that documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
The Industrial Development Authority
EIN
43-1678434
Address
601 S GRAND AVE, HOUSTON, MO 65483
Doing Business As
Of the City of Houston Missour

Signing Officer

Name
Brad Rees
Title
Treasurer
Phone
4179673348
Signed
2021-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Justin Shelby
Formed
1980
Legal Domicile
Mo
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Kessler Accounting
Address
1495 S Sam Houston Blvd, Houston, MO 65483
Preparer
Erica Kessler
Phone
4179671040
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

“To correct for book to tax differences”

List of other fees for services expenses Part IX line 11G

“Professional Fees for $16,539”

Raw XML Appendix320 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Industrial Development Authority is a component unit of City of Houston with its own governing body. The IDAs governing body reviews all contracts and then submits them to the governing body of the City of Houston to be approved.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Professional Fees for $16,539
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5List of other fees for services expenses Part IX line 11g
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ReturnHeader/TaxYr02020

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,547,736
Liabilities
$674,693
Net assets
$2,873,043
Revenue
$224,228
Expenses
$246,363
Net income
-$22,135
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.85$0.00$2.85$0.14$0.10$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.66$0.00$2.66$0.09$0.09$0.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.65$0.00$2.65$0.17$0.39$0.22
2020Detailed filing. Detailed filing data is available for this year.$3.55$0.67$2.87$0.22$0.25$0.02
2020Summary only. Only limited summary data is available for this year.$3.55$0.67$2.87$0.22$0.25$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.82$0.76$3.06$0.35$0.18$0.16
2018Summary only. Only limited summary data is available for this year.$3.02$0.00$3.02$0.04$0.03$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.12$0.11$3.01$0.03$0.02$0.01
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.13$0.13$3.00$0.04$0.02$0.02
2015Summary only. Only limited summary data is available for this year.$3.24$0.26$2.98$0.05$0.01$0.04
2013Summary only. Only limited summary data is available for this year.$3.36$0.34$3.02$0.07$0.12$0.05
2011Summary only. Only limited summary data is available for this year.$3.90$0.72$3.18$0.12$0.11$0.01