Civic Intelligence

Prospect Meadows Inc.

990 • Fiscal year 2022 • EIN 45-1186453

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 26, 2023

Organization ProfileN/A
1850 Prospect DriveMarion, IA 52302

(319) 213-1775

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.44x

Higher debt load relative to assets than 73% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

85th percentile

1.52x

Higher debt load relative to revenue than 85% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

84th percentile

38%

Higher net margin than 84% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

18th percentile

$75,000

Higher top officer pay than 18% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

53rd percentile

1.4%

Faster asset growth than 53% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

95th percentile

155%

Faster revenue growth than 95% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Up

$13,904,712

Up $191,803 (+1.4%) from 2021

Net Assets

Up

$7,746,352

Up $1,555,054 (+25%) from 2021

Liabilities

Down

$6,158,360

Down $1,363,251 (-18%) from 2021

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin84th percentile

Revenue

Up

$4,061,568

Up $2,468,062 (+155%) from 2021

Expenses

Up

$2,506,514

Up $50,575 (+2.1%) from 2021

Net Income

Up

$1,555,054

Up $2,417,487 (+280%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth53rd percentile

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

$20M$15M$10M$5.0M$0-$5.0MAssets 2012: -$1,732Liabilities 2012: $5,311Net Assets 2012: -$7,0432012Assets 2013: $23,769Liabilities 2013: $1,510Net Assets 2013: $22,2592013Assets 2014: $202,880Liabilities 2014: $1,651Net Assets 2014: $201,2292014Assets 2015: $460,971Liabilities 2015: $3,328Net Assets 2015: $457,6432015Assets 2016: $6,518,614Liabilities 2016: $4,734,865Net Assets 2016: $1,783,7492016Assets 2017: $6,465,329Liabilities 2017: $4,751,179Net Assets 2017: $1,714,1502017Assets 2018: $13,348,966Liabilities 2018: $5,914,454Net Assets 2018: $7,434,5122018Assets 2019: $15,705,280Liabilities 2019: $7,460,096Net Assets 2019: $8,245,1842019Assets 2020: $14,981,835Liabilities 2020: $7,928,104Net Assets 2020: $7,053,7312020Assets 2021: $13,712,909Liabilities 2021: $7,521,611Net Assets 2021: $6,191,2982021Assets 2022: $13,904,712Liabilities 2022: $6,158,360Net Assets 2022: $7,746,3522022Assets 2023: $12,597,677Liabilities 2023: $5,345,389Net Assets 2023: $7,252,2882023Assets 2024: $11,390,035Liabilities 2024: $5,065,972Net Assets 2024: $6,324,0632024

Highlighted filing

2022

Assets$13,904,712
Liabilities$6,158,360
Net Assets$7,746,352
Open 2022 Filing

Operations Trend

Revenue Growth95th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2012: $30,700Expenses 2012: $37,743Net Income 2012: -$7,0432012Revenue 2013: $252,612Expenses 2013: $223,310Net Income 2013: $29,3022013Revenue 2014: $341,783Expenses 2014: $162,813Net Income 2014: $178,9702014Revenue 2015: $375,417Expenses 2015: $119,003Net Income 2015: $256,4142015Revenue 2016: $1,451,602Expenses 2016: $163,971Net Income 2016: $1,287,6312016Revenue 2017: $141,688Expenses 2017: $211,287Net Income 2017: -$69,5992017Revenue 2018: $5,520,393Expenses 2018: $370,635Net Income 2018: $5,149,7582018Revenue 2019: $2,224,187Expenses 2019: $1,413,515Net Income 2019: $810,6722019Revenue 2020: $1,040,603Expenses 2020: $2,232,056Net Income 2020: -$1,191,4532020Revenue 2021: $1,593,506Expenses 2021: $2,455,939Net Income 2021: -$862,4332021Revenue 2022: $4,061,568Expenses 2022: $2,506,514Net Income 2022: $1,555,0542022Revenue 2023: $2,041,767Expenses 2023: $2,535,831Net Income 2023: -$494,0642023Revenue 2024: $1,777,816Expenses 2024: $2,635,439Net Income 2024: -$857,6232024

Highlighted filing

2022

Revenue$4,061,568
Expenses$2,506,514
Net Income$1,555,054
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 26, 2023
Return Version
2022v5.0
Gross Receipts
$4,061,568
Mission and Program Overview

Mission

Provide attractive, local, and professional outdoor baseball and softball facilities and programs through 17 fields on one campus. These facilities and programs will be of significant benefit to local youth and the local economy in its nationwide tourism appeal. Local programs and national tournaments will both allow young people the opportunity to develop their athletic and social skills in a fan friendly environment at prospect meadows.

To provide attractive, local and professional outdoor baseball and softball facilities and programs through 9 fields on one campus.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$13,239,026$12,436,597▼ $802,429
Cash and Non-Interest-Bearing Accounts$180,890$1,248,737▲ $1,067,847
Pledges and Grants Receivable$216,928$144,222▼ $72,706
Accounts Receivable$66,229$53,899▼ $12,330
Prepaid Expenses and Deferred Charges$5,731$18,449▲ $12,718
Inventories for Sale or Use$4,105$2,808▼ $1,297
Intangible Assets-$0-
Total Assets$13,712,909$13,904,712▲ $191,803
Liabilities
Mortgage Notes Payable Secured by Investment Property$7,288,851$6,059,963▼ $1,228,888
Accounts Payable and Accrued Expenses$22,289$54,134▲ $31,845
Deferred Revenue$13,850$25,882▲ $12,032
Other Liabilities$196,621$18,381▼ $178,240
Total Liabilities$7,521,611$6,158,360▼ $1,363,251
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,038,566$7,615,923▲ $1,577,357
Net Assets With Donor Restrictions$152,732$130,429▼ $22,303
Total Net Assets Fund Balance$6,191,298$7,746,352▲ $1,555,054
Total Liabilities and Net Assets / Fund Balance$13,712,909$13,904,712▲ $191,803

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,646,015$207,061-
Equipment$51,260$42,796-
Leasehold Improvements$10,739,322$2,942,888-
Compensation and Service Providers
Top Officer Pay18th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jack RoederPresidentFT$75,000$75,000

Board Members and Trustees

NameTitle
Tim StrellnerChairman
Troy McquillenVice Chairman
Angela JordanBoard Member
Charlie WeberBoard Member
Christine LandaBoard Member
Colette AtkinsBoard Member
Dan StrellnerBoard Member
Jim Van ScoyocBoard Member
Tom BrandtBoard Member
Rick FreeseSecretary
Steve HammesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,964,568
Program Service Revenue
$1,091,240
Investment Income
$0
Other Revenue
$5,760
All Other Contributions
$302,168
Change in Net Assets
$1,555,054

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$31,155Fair Market Value (FMV)
Total Noncash Contributions1$31,155-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,061,568
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,061,568
Total Revenue per Form 990
$4,061,568
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,144,850
Salaries, Compensation, and Employee Benefits$361,664
Total Fundraising Expense$91,413
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$896,894$3,969-$900,863
Interest$440,174--$440,174
Other Salaries and Wages$195,220$39,862$23,234$258,316
All Other Expenses$104,165$5,318$33,026$142,509
Current Officers, Directors, Trustees, and Key Employees$22,500$26,250$26,250$75,000
Insurance$55,130$7,483$1,410$64,023
Other Expenses$52,079--$52,079
Fees for Services Management$18,443$18,443-$36,886
Fees for Services Accounting$33,732$1,451$1,088$36,271
Payroll Taxes$15,950$5,061$3,788$24,799
Office Expenses$8,247$3,279$2,454$13,980
Other Employee Benefits$3,168$218$163$3,549
Fees for Services Other$2,415--$2,415
Total Functional Expenses$2,303,767$111,334$91,413$2,506,514

Audited Expense Reconciliation

Line ItemAmount
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Expenses per Audited Statements$0
Total Expenses per Audited Statements$0
Total Expenses per Form 990$0
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Interest Payable$15,854
Credit Card Payable$2,489
Accrued Payroll$38
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
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
Yes
Other officer compensation reviewed
Yes
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, Part VI, Section A, Line 2

“Dan strellner and tim strellner are brothers.”

Form 990, Part VI, Section B, Line 11B

“The form 990 is reviewed by the board before the tax return is filed.”

Form 990, Part VI, Section B, Line 15

“All compensation packages are reviewed and approved by the board. Pay ranges are determined by consulting with local baseball and professional fundraising organizations.”

Form 990, Part VI, Section C, Line 18

“All tax returns and exemption applications are available for public inspections by contacting a current officer of the organization.”

Form 990, Part VI, Section C, Line 19

“All governing documents, financial statements and policies are available for public inspection by contacting one of the officer's of the organization.”

Filing and Contact Details

Filer

Filer Name
Prospect Meadows Inc
EIN
45-1186453
Phone
3192131775
Address
1850 PROSPECT DRIVE, MARION, IA 52302

Signing Officer

Name
Steve Hammes
Title
Treasurer
Phone
3193609166
Signed
2023-04-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Hammes
Formed
2011
Legal Domicile
Ia
Voting Board Members
11
Independent Board Members
11
Employees
44
Volunteers
0

Preparer

Firm
The Brems Group Llp
Address
PO BOX 1386, CEDAR RAPIDS, IA 52406-1386
Preparer
Brian Coller
Phone
3193640101
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The organization accounts for uncertain tax positions in accordance with fasb interpretation no. 48, "accounting for uncertainty in income taxes - an interpretation of fasb statement no. 109" ("fin 48") which was issued in july 2006 and is applicable for a non-public company. Fin 48 prescribes a recognition and measurement of a tax position taken or expected to be taken in a tax return and also provides guidance on various related matters such as de-recognized tax benefits in income tax expense. There is no impact to the financial statementsas a result of this interpretation. The organization's income tax returns are subject to examination by the internal revenue service and the iowa department of revenue. The organization's federal and iowa tax returns remain open three-years from the date of filing. Tax returns prior to 2019 are no longer open for audit.”

Raw XML AppendixShowing 400 of 501 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/Desc0THE ORGANIZATION WAS FORMED IN THE STATE OF IOWA IN 2011, AS A NONPROFIT CORPORATION, TO RAISE CAPITAL AND CONSTRUCT A PROFESSIONAL OUTDOOR BASEBALL/SOFTBALL COMPLEX ON LAND LEASED FROM LINN COUNTY, IOWA. THIS FACILITY ALLOWS YOUNG PEOPLE IN THE AREA AND THROUGHOUT THE UNITED STATES TO DEVELOP ATHLETIC AND SOCIAL SKILLS IN A FAN FRIENDLY ENVIRONMENT. IT ALSO PROVIDES AN AVENUE FOR PLAYERS TO BE SHOWCASED AND RECRUITED BY COLLEGES AND PROFESSIONAL TEAMS. ONE FIELD IS A MIRACLE FIELD FOR DISABLED YOUTH. THE ORGANIZATION WILL ALSO HAVE AN AT-RISK PROGRAM FOR LOCAL YOUTHS. CONSTRUCTION HAS BEEN COMPLETED AND THE ORGANIZATION BEGAN OPERATIONS IN MAY 2019. THE ORGANIZATION IS FUNDED THROUGH DONATIONS, HOSTING BASEBALL AND SOFTBALL EVENTS, LEASING OUT THE COMPLEX, ADVERTISING, CONCESSIONS AND SOUVENIR SALES.
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IRS990/IndependentAuditFinclStmtInd01
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IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
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IRS990/InsuranceGrp/ManagementAndGeneralAmt07483
IRS990/InsuranceGrp/ProgramServicesAmt055130
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IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDE ATTRACTIVE, LOCAL, AND PROFESSIONAL OUTDOOR BASEBALL AND SOFTBALL FACILITIES AND PROGRAMS THROUGH 9 FIELDS ON ONE CAMPUS. THESE FACILITIES AND PROGRAMS WILL BE OF SIGNIFICANT BENEFIT TO LOCAL YOUTH AND THE LOCAL ECONOMY IN ITS NATIONWIDE TOURISM APPEAL. LOCAL PROGRAMS AND NATIONAL TOURNAMENTS WILL BOTH ALLOW YOUNG PEOPLE THE OPPORTUNITY TO DEVELOP THEIR ATHLETIC AND SOCIAL SKILLS IN A FAN FRIENDLY ENVIRONMENT AT PROSPECT MEADOWS.
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IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt07746352
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IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt05760
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt07615923
IRS990/NoncashContributionsAmt031155
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt02454
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03279
IRS990/OfficeExpensesGrp/ProgramServicesAmt08247
IRS990/OfficeExpensesGrp/TotalAmt013980
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0163
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0218
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt03168
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03549
IRS990/OtherExpensesGrp/Desc0OUTSOURCED CONCESSION E
IRS990/OtherExpensesGrp/Desc1STADIUM MAINTENANCE
IRS990/OtherExpensesGrp/Desc2GAS & ELECTRIC
IRS990/OtherExpensesGrp/Desc3WATER & WASTE REMOVAL
IRS990/OtherExpensesGrp/ProgramServicesAmt0254320
IRS990/OtherExpensesGrp/ProgramServicesAmt1140494
IRS990/OtherExpensesGrp/ProgramServicesAmt260836
IRS990/OtherExpensesGrp/ProgramServicesAmt352079
IRS990/OtherExpensesGrp/TotalAmt0254320
IRS990/OtherExpensesGrp/TotalAmt1140494
IRS990/OtherExpensesGrp/TotalAmt260836
IRS990/OtherExpensesGrp/TotalAmt352079
IRS990/OtherLiabilitiesGrp/BOYAmt0196621
IRS990/OtherLiabilitiesGrp/EOYAmt018381
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt023234
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt039862
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0195220
IRS990/OtherSalariesAndWagesGrp/TotalAmt0258316
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt03788
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05061
IRS990/PayrollTaxesGrp/ProgramServicesAmt015950
IRS990/PayrollTaxesGrp/TotalAmt024799
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0216928
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0144222
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05731
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt018449
IRS990/PrincipalOfficerNm0STEVE HAMMES
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711300
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01091240
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01091240
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0557742
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt02119071
IRS990/PYOtherRevenueAmt05760
IRS990/PYProgramServiceRevenueAmt01030004
IRS990/PYRevenuesLessExpensesAmt0-862433
IRS990/PYSalariesCompEmpBnftPaidAmt0336868
IRS990/PYTotalExpensesAmt02455939
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01593506
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01555054
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt05760
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01097000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02964568
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0557742
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0917412
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt02218427
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt05514886
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt012173035
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt05760
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt05760
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt05760
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt05760
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt05507
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt028547
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01091240
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01030004
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0117430
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02238674
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt05760
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt05760
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt05760
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt05760
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt05507
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt028547
IRS990ScheduleA/InvestmentIncomeCYPct00.00200
IRS990ScheduleA/InvestmentIncomePYPct00.00340
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99800
IRS990ScheduleA/PublicSupportPY509Pct00.99660
IRS990ScheduleA/PublicSupportTotal509Amt014411709
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt04055808
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01587746
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01034842
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02218427
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt05514886
IRS990ScheduleA/Total509Grp/TotalAmt014411709
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt04061568
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01593506
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01040602
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02224187
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt05520393
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt014440256
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01646015
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0207061
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01853076
IRS990ScheduleD/EquipmentGrp/BookValueAmt051260
IRS990ScheduleD/EquipmentGrp/DepreciationAmt042796
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt094056
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt00
IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02942888
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt013682210
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015854
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt138
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22489
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED PAYROLL
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CREDIT CARD PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04061568
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ACCOUNTS FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH FASB INTERPRETATION NO. 48, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES - AN INTERPRETATION OF FASB STATEMENT NO. 109" ("FIN 48") WHICH WAS ISSUED IN JULY 2006 AND IS APPLICABLE FOR A NON-PUBLIC COMPANY. FIN 48 PRESCRIBES A RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AND ALSO PROVIDES GUIDANCE ON VARIOUS RELATED MATTERS SUCH AS DE-RECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE. THERE IS NO IMPACT TO THE FINANCIAL STATEMENTSAS A RESULT OF THIS INTERPRETATION. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND THE IOWA DEPARTMENT OF REVENUE. THE ORGANIZATION'S FEDERAL AND IOWA TAX RETURNS REMAIN OPEN THREE-YEARS FROM THE DATE OF FILING. TAX RETURNS PRIOR TO 2019 ARE NO LONGER OPEN FOR AUDIT.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt012436597
IRS990ScheduleD/TotalExpensesPerForm990Amt00
IRS990ScheduleD/TotalLiabilityAmt018381
IRS990ScheduleD/TotalRevenuePerForm990Amt04061568
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04061568
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0LAND USE
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,904,712
Liabilities
$6,158,360
Net assets
$7,746,352
Revenue
$4,061,568
Expenses
$2,506,514
Net income
$1,555,054
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$11.4$5.07$6.32$1.78$2.64$0.86
2023Detailed filing. Detailed filing data is available for this year.$12.6$5.35$7.25$2.04$2.54$0.49
2022Detailed filing. Detailed filing data is available for this year.$13.9$6.16$7.75$4.06$2.51$1.56
2021Detailed filing. Detailed filing data is available for this year.$13.7$7.52$6.19$1.59$2.46$0.86
2020Detailed filing. Detailed filing data is available for this year.$15.0$7.93$7.05$1.04$2.23$1.19
2019Summary only. Only limited summary data is available for this year.$15.7$7.46$8.25$2.22$1.41$0.81
2018Summary only. Only limited summary data is available for this year.$13.3$5.91$7.43$5.52$0.37$5.15
2017Detailed filing. Detailed filing data is available for this year.$6.47$4.75$1.71$0.14$0.21$0.07
2016Summary only. Only limited summary data is available for this year.$6.52$4.73$1.78$1.45$0.16$1.29
2015Summary only. Only limited summary data is available for this year.$0.46$0.00$0.46$0.38$0.12$0.26
2014Summary only. Only limited summary data is available for this year.$0.20$0.00$0.20$0.34$0.16$0.18
2013Summary only. Only limited summary data is available for this year.$0.02$0.00$0.02$0.25$0.22$0.03
2012Summary only. Only limited summary data is available for this year.$0.00$0.01$0.01$0.03$0.04$0.01