Civic Intelligence

Underwood Area Economic Development Corporation

990EZ • Fiscal year 2018 • EIN 45-0421611

Jan 01, 2018 to Dec 31, 2018 • Filed on May 05, 2020

Organization ProfileN/A
PO Box 368Underwood, ND 58576

(701) 442-5481

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.00x

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

2018 filings • NTEE S20 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

50th percentile

0.00x

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

2018 filings • NTEE S20 • <$500k nonprofits • Source year 2018

Net Margin

30th percentile

-2.5%

Higher net margin than 30% of similar nonprofits.

2018 filings • NTEE S20 • <$500k nonprofits • Source year 2018

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2018 filings • NTEE S20 • <$500k nonprofits • Source year 2018

Asset Growth

24th percentile

-7.6%

Faster asset growth than 24% of similar nonprofits.

2018 filings • NTEE S20 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

25th percentile

-18%

Faster revenue growth than 25% of similar nonprofits.

2018 filings • NTEE S20 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets52nd percentile

Assets

Down

$22,397

Down $1,833 (-7.6%) from 2017

Net Assets

Down

$22,397

Down $1,833 (-7.6%) from 2017

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue50th percentileNet Margin30th percentile

Revenue

Down

$47,843

Down $10,176 (-18%) from 2017

Expenses

Down

$49,058

Down $28,086 (-36%) from 2017

Net Income

Up

-$1,215

Up $17,910 (+94%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth24th percentile

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

$80K$60K$40K$20K$0Assets 2011: $78,565Liabilities 2011: $02011Assets 2012: $66,740Liabilities 2012: $02012Assets 2013: $74,922Liabilities 2013: $02013Assets 2014: $70,587Net Assets 2014: $70,5872014Assets 2015: $72,956Net Assets 2015: $72,9562015Assets 2016: $43,355Net Assets 2016: $43,3552016Assets 2017: $24,230Net Assets 2017: $24,2302017Assets 2018: $22,397Liabilities 2018: $0Net Assets 2018: $22,3972018Assets 2019: $19,530Liabilities 2019: $0Net Assets 2019: $19,5302019Assets 2020: $27,249Liabilities 2020: $0Net Assets 2020: $27,2492020Assets 2021: $27,068Liabilities 2021: $0Net Assets 2021: $27,0682021Assets 2022: $23,793Liabilities 2022: $0Net Assets 2022: $23,7932022Assets 2023: $22,448Liabilities 2023: $0Net Assets 2023: $22,4482023Assets 2024: $18,796Liabilities 2024: $0Net Assets 2024: $18,7962024Assets 2025: $12,232Liabilities 2025: $0Net Assets 2025: $12,2322025

Highlighted filing

2018

Assets$22,397
Liabilities$0
Net Assets$22,397
Open 2018 Filing

Operations Trend

Revenue Growth25th percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $115,748Expenses 2011: $101,289Net Income 2011: $14,4592011Revenue 2012: $108,881Expenses 2012: $120,706Net Income 2012: -$11,8252012Revenue 2013: $126,712Expenses 2013: $118,530Net Income 2013: $8,1822013Revenue 2014: $117,979Expenses 2014: $122,314Net Income 2014: -$4,3352014Revenue 2015: $73,239Expenses 2015: $70,870Net Income 2015: $2,3692015Revenue 2016: $39,306Expenses 2016: $68,907Net Income 2016: -$29,6012016Revenue 2017: $58,019Expenses 2017: $77,144Net Income 2017: -$19,1252017Revenue 2018: $47,843Expenses 2018: $49,058Net Income 2018: -$1,2152018Revenue 2019: $5,006Expenses 2019: $15,343Net Income 2019: -$10,3372019Revenue 2020: $11,000Expenses 2020: $3,281Net Income 2020: $7,7192020Revenue 2021: $3,106Expenses 2021: $3,287Net Income 2021: -$1812021Revenue 2022: $109Expenses 2022: $3,384Net Income 2022: -$3,2752022Revenue 2023: $352Expenses 2023: $1,697Net Income 2023: -$1,3452023Revenue 2024: $503Expenses 2024: $4,155Net Income 2024: -$3,6522024Revenue 2025: $97Expenses 2025: $6,661Net Income 2025: -$6,5642025

Highlighted filing

2018

Revenue$47,843
Expenses$49,058
Net Income-$1,215
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 5, 2020
Return Version
2018v3.1
Gross Receipts
$47,843
Mission and Program Overview

Mission

ECONOMIC DEVELOPMENT

Program Services

DescriptionGrantsExpenses
CITY OF UNDERWOOD$46,700$47,498
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CARY JOHNSONPresident-$0--
Filing and Contact Details

Filer

Filer Name
Underwood Area Economic Development Corporation
EIN
45-0421611
Address
PO BOX 368, UNDERWOOD, ND 58576

Signing Officer

Name
Cary Johnson
Title
President
Phone
7014425481
Signed
2020-05-05
Discuss with paid preparer
No

Preparer

Firm
Turtle Lake Tax Service
Address
PO Box 600, Turtle Lake, ND 58575
Preparer
Cathy
Phone
7014482249
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description amountgrant prog exp 1,123office exp 2,236misc exp 2,254property taxes 3,117insurance 1,065”

Description of other assets Part II line 24

“Category beginning of year end of yearfurniture and equipment 1,215 2,867”

Raw XML Appendix103 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0DIANE SCHELL
IRS990EZ/BooksInCareOfDetail/PhoneNum07014425481
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 103
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0UNDERWOOD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ND
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd058576
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt022397
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt019530
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt047600
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1215
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0890
IRS990EZ/FiledScheduleAInd0false
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt023612
IRS990EZ/Form990TotalAssetsGrp/EOYAmt022397
IRS990EZ/GrossReceiptsAmt047843
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0243
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt023612
IRS990EZ/NetAssetsOrFundBalancesEOYAmt022397
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt023612
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt022397
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CARY JOHNSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01215
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02867
IRS990EZ/OtherExpensesTotalAmt09795
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0ECONOMIC DEVELOPMENT
IRS990EZ/PrintingPublicationsPostageAmt02628
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CITY OF UNDERWOOD
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt046700
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt047498
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt035745
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt049058
IRS990EZ/TotalProgramServiceExpensesAmt047498
IRS990EZ/TotalRevenueAmt047843
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTGRANT PROG EXP 1,123OFFICE EXP 2,236MISC EXP 2,254PROPERTY TAXES 3,117INSURANCE 1,065
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CATEGORY BEGINNING OF YEAR END OF YEARFURNITURE AND EQUIPMENT 1,215 2,867
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0CARY JOHNSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07014425481
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0UNDERWOOD AREA ECONOMIC DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0UNDE
ReturnHeader/Filer/EIN0450421611
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 368
ReturnHeader/Filer/USAddress/CityNm0UNDERWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ND
ReturnHeader/Filer/USAddress/ZIPCd058576
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0A1572C801174AE949E95A141AF9F82DC4139EF0F
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0A1572C801174AE949E95A141AF9F82DC4139EF0F
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId04505542020126v1e4vzl
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02020-05-05
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt064.68.15.191
ReturnHeader/FilingSecurityInformation/IPDt02020-05-05
ReturnHeader/FilingSecurityInformation/IPTm016:22:40
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Turtle Lake Tax Service
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Turtle Lake
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd058575
ReturnHeader/PreparerPersonGrp/PhoneNum07014482249
ReturnHeader/PreparerPersonGrp/PreparationDt02020-05-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Cathy
ReturnHeader/ReturnTs02020-05-05T16:14:57-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,397
Liabilities
$0
Net assets
$22,397
Revenue
$47,843
Expenses
$49,058
Net income
-$1,215
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.00$0.07$0.07
2024Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$0.01$0.04$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$0.00$0.02$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.24$0.00$0.03$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$0.03$0.03$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$0.11$0.03$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.05$0.15$0.10
2018Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$0.48$0.49$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.24$0.24$0.58$0.77$0.19
2016Detailed filing. Detailed filing data is available for this year.$0.43$0.43$0.39$0.69$0.30
2015Detailed filing. Detailed filing data is available for this year.$0.73$0.73$0.73$0.71$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.71$0.71$1.18$1.22$0.04
2013Summary only. Only limited summary data is available for this year.$0.75$0.00$1.27$1.19$0.08
2012Summary only. Only limited summary data is available for this year.$0.67$0.00$1.09$1.21$0.12
2011Summary only. Only limited summary data is available for this year.$0.79$0.00$1.16$1.01$0.14