Civic Intelligence

Prospect Meadows Inc.

990 • Fiscal year 2023 • EIN 45-1186453

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 14, 2024

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

71st percentile

0.42x

Higher debt load relative to assets than 71% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

90th percentile

2.62x

Higher debt load relative to revenue than 90% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

11th percentile

-24%

Higher net margin than 11% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

18th percentile

$79,500

Higher top officer pay than 18% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

9th percentile

-9.4%

Faster asset growth than 9% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

6th percentile

-50%

Faster revenue growth than 6% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets71st percentile

Assets

Down

$12,597,677

Down $1,307,035 (-9.4%) from 2022

Net Assets

Down

$7,252,288

Down $494,064 (-6.4%) from 2022

Liabilities

Down

$5,345,389

Down $812,971 (-13%) from 2022

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin11th percentile

Revenue

Down

$2,041,767

Down $2,019,801 (-50%) from 2022

Expenses

Up

$2,535,831

Up $29,317 (+1.2%) from 2022

Net Income

Down

-$494,064

Down $2,049,118 (-132%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth9th 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

2023

Assets$12,597,677
Liabilities$5,345,389
Net Assets$7,252,288
Open 2023 Filing

Operations Trend

Revenue Growth6th 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

2023

Revenue$2,041,767
Expenses$2,535,831
Net Income-$494,064
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 14, 2024
Return Version
2023v5.1
Gross Receipts
$2,041,767
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$12,436,597$11,599,396▼ $837,201
Cash and Non-Interest-Bearing Accounts$1,248,737$746,987▼ $501,750
Pledges and Grants Receivable$144,222$163,242▲ $19,020
Accounts Receivable$53,899$56,186▲ $2,287
Prepaid Expenses and Deferred Charges$18,449$26,768▲ $8,319
Inventories for Sale or Use$2,808$5,098▲ $2,290
Intangible Assets-$0-
Total Assets$13,904,712$12,597,677▼ $1,307,035
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,059,963$5,288,291▼ $771,672
Accounts Payable and Accrued Expenses$54,134$41,683▼ $12,451
Other Liabilities$18,381$10,665▼ $7,716
Deferred Revenue$25,882$4,750▼ $21,132
Total Liabilities$6,158,360$5,345,389▼ $812,971
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,615,923$7,144,162▼ $471,761
Net Assets With Donor Restrictions$130,429$108,126▼ $22,303
Total Net Assets Fund Balance$7,746,352$7,252,288▼ $494,064
Total Liabilities and Net Assets / Fund Balance$13,904,712$12,597,677▼ $1,307,035

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$9,999,548$3,840,353$13,839,901
Buildings$1,599,848$267,260$1,867,108
Compensation and Service Providers
Top Officer Pay18th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jack RoederPresidentFT$79,500$79,500

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$889,649
Program Service Revenue
$1,144,707
Investment Income
$921
Other Revenue
$6,490
All Other Contributions
$381,482
Change in Net Assets
$-494,064

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
$2,041,767
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,041,767
Total Revenue per Form 990
$2,041,767
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,122,010
Salaries, Compensation, and Employee Benefits$413,821
Total Fundraising Expense$172,841
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$910,899$3,969-$914,868
Interest$403,556--$403,556
Other Salaries and Wages$180,884$27,466$95,200$303,550
All Other Expenses$144,215$4,074$41,594$189,883
Current Officers, Directors, Trustees, and Key Employees$39,750$23,850$15,900$79,500
Insurance$55,140$6,673$1,810$63,623
Other Expenses$57,756--$57,756
Fees for Services Accounting$33,070$8,744$1,106$42,920
Payroll Taxes$16,410$4,010$8,681$29,101
Office Expenses$7,876$5,029$7,974$20,879
Fees for Services Other$6,317$1,773-$8,090
Other Employee Benefits$828$266$576$1,670
Total Functional Expenses$2,277,136$85,854$172,841$2,535,831

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,535,831
Total Expenses per Audited Statements$2,535,831
Total Expenses per Form 990$2,535,831
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$730
Fundraising Direct Expenses$0
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$8,953
Credit Card Payable$1,712
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
Charles Weber
Title
Treasurer
Phone
3197751087
Signed
2024-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles Weber
Formed
2011
Legal Domicile
Ia
Voting Board Members
12
Independent Board Members
12
Employees
40
Volunteers
20

Preparer

Firm
Honkamp Krueger & Co Pc
Address
550 2ND ST SE UNIT 401, CEDAR RAPIDS, IA 52401
Preparer
Brian M Coller CPA
Phone
3195530015
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 502 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt054134
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt041683
IRS990/AccountsReceivableGrp/BOYAmt053899
IRS990/AccountsReceivableGrp/EOYAmt056186
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE ATTRACTIVE, LOCAL AND PROFESSIONAL OUTDOOR BASEBALL AND SOFTBALL FACILITIES AND PROGRAMS THROUGH 9 FIELDS ON ONE CAMPUS.
IRS990/AllOtherContributionsAmt0381482
IRS990/AllOtherExpensesGrp/FundraisingAmt041594
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt04074
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0144215
IRS990/AllOtherExpensesGrp/TotalAmt0189883
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JACK ROEDER
IRS990/BooksInCareOfDetail/PhoneNum03192131775
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01850 PROSPECT DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0MARION
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd052302
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01248737
IRS990/CashNonInterestBearingGrp/EOYAmt0746987
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt015900
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt023850
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt039750
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt079500
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0889649
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0921
IRS990/CYOtherExpensesAmt02122010
IRS990/CYOtherRevenueAmt06490
IRS990/CYProgramServiceRevenueAmt01144707
IRS990/CYRevenuesLessExpensesAmt0-494064
IRS990/CYSalariesCompEmpBnftPaidAmt0413821
IRS990/CYTotalExpensesAmt02535831
IRS990/CYTotalFundraisingExpenseAmt0172841
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02041767
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DeferredRevenueGrp/BOYAmt025882
IRS990/DeferredRevenueGrp/EOYAmt04750
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt03969
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0910899
IRS990/DepreciationDepletionGrp/TotalAmt0914868
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.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0130429
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0108126
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt040
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt02277136
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/FundraisingAmt01106
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08744
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt033070
IRS990/FeesForServicesAccountingGrp/TotalAmt042920
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt01773
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt06317
IRS990/FeesForServicesOtherGrp/TotalAmt08090
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/PersonNm0TOM BRANDT
IRS990/Form990PartVIISectionAGrp/PersonNm1RICK FREESE
IRS990/Form990PartVIISectionAGrp/PersonNm2DAN STRELLNER
IRS990/Form990PartVIISectionAGrp/PersonNm3TIM STRELLNER
IRS990/Form990PartVIISectionAGrp/PersonNm4TROY MCQUILLEN
IRS990/Form990PartVIISectionAGrp/PersonNm5JIM VAN SCOYOC
IRS990/Form990PartVIISectionAGrp/PersonNm6COLETTE ATKINS
IRS990/Form990PartVIISectionAGrp/PersonNm7STEVE HAMMES
IRS990/Form990PartVIISectionAGrp/PersonNm8CHARLIE WEBER
IRS990/Form990PartVIISectionAGrp/PersonNm9CHRISTINE LANDA
IRS990/Form990PartVIISectionAGrp/PersonNm10VICKI HANNA
IRS990/Form990PartVIISectionAGrp/PersonNm11KRISTIN PARROTT
IRS990/Form990PartVIISectionAGrp/PersonNm12JACK ROEDER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1279500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02011
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt0730
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GovernmentGrantsAmt0508167
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02041767
IRS990/GrossRentsGrp/RealAmt05760
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt0921
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt0921
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt01810
IRS990/InsuranceGrp/ManagementAndGeneralAmt06673
IRS990/InsuranceGrp/ProgramServicesAmt055140
IRS990/InsuranceGrp/TotalAmt063623
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt0403556
IRS990/InterestGrp/TotalAmt0403556
IRS990/InventoriesForSaleOrUseGrp/BOYAmt02808
IRS990/InventoriesForSaleOrUseGrp/EOYAmt05098
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04107613
IRS990/LandBldgEquipBasisNetGrp/BOYAmt012436597
IRS990/LandBldgEquipBasisNetGrp/EOYAmt011599396
IRS990/LandBldgEquipCostOrOtherBssAmt015707009
IRS990/LegalDomicileStateCd0IA
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt06059963
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05288291
IRS990/NetAssetsOrFundBalancesBOYAmt07746352
IRS990/NetAssetsOrFundBalancesEOYAmt07252288
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0730
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0730
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt05760
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt05760
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt07615923
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt07144162
IRS990/NoncashContributionsAmt031155
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt07974
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05029
IRS990/OfficeExpensesGrp/ProgramServicesAmt07876
IRS990/OfficeExpensesGrp/TotalAmt020879
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0576
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0266
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0828
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01670
IRS990/OtherExpensesGrp/Desc0OUTSOURCED CONCESSION E
IRS990/OtherExpensesGrp/Desc1STADIUM MAINTENANCE
IRS990/OtherExpensesGrp/Desc2FACILITY EXPENSES
IRS990/OtherExpensesGrp/Desc3WATER & WASTE REMOVAL
IRS990/OtherExpensesGrp/ProgramServicesAmt0264134
IRS990/OtherExpensesGrp/ProgramServicesAmt189135
IRS990/OtherExpensesGrp/ProgramServicesAmt267166
IRS990/OtherExpensesGrp/ProgramServicesAmt357756
IRS990/OtherExpensesGrp/TotalAmt0264134
IRS990/OtherExpensesGrp/TotalAmt189135
IRS990/OtherExpensesGrp/TotalAmt267166
IRS990/OtherExpensesGrp/TotalAmt357756
IRS990/OtherLiabilitiesGrp/BOYAmt018381
IRS990/OtherLiabilitiesGrp/EOYAmt010665
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt095200
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt027466
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0180884
IRS990/OtherSalariesAndWagesGrp/TotalAmt0303550
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt08681
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04010
IRS990/PayrollTaxesGrp/ProgramServicesAmt016410
IRS990/PayrollTaxesGrp/TotalAmt029101
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0144222
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0163242
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt018449
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt026768
IRS990/PrincipalOfficerNm0CHARLES WEBER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711300
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01144707
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01144707
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02964568
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt02144850
IRS990/PYOtherRevenueAmt05760
IRS990/PYProgramServiceRevenueAmt01091240
IRS990/PYRevenuesLessExpensesAmt01555054
IRS990/PYSalariesCompEmpBnftPaidAmt0361664
IRS990/PYTotalExpensesAmt02506514
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04061568
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-494064
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt05760
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01144707
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0890379
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt02964568
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0557742
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0917412
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt02218427
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt07548528
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt06681
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt05760
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt05760
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt05760
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt05760
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt029721
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01144707
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01091240
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01030004
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0117430
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03383381
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt06681
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt05760
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt05760
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt05760
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt05760
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt029721
IRS990ScheduleA/InvestmentIncomeCYPct00.00270
IRS990ScheduleA/InvestmentIncomePYPct00.00200
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99730
IRS990ScheduleA/PublicSupportPY509Pct00.99800
IRS990ScheduleA/PublicSupportTotal509Amt010931909
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02035086
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt04055808
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01587746
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01034842
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02218427
IRS990ScheduleA/Total509Grp/TotalAmt010931909
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02041767
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt04061568
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01593506
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01040602
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02224187
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt010961630
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/BookValueAmt01599848
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0267260
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01867108
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02535831
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt09999548
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03840353
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt013839901
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08953
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11712
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CREDIT CARD PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02041767
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/TotalBookValueLandBuildingsAmt011599396
IRS990ScheduleD/TotalExpensesPerForm990Amt02535831
IRS990ScheduleD/TotalLiabilityAmt010665
IRS990ScheduleD/TotalRevenuePerForm990Amt02041767
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02041767

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,597,677
Liabilities
$5,345,389
Net assets
$7,252,288
Revenue
$2,041,767
Expenses
$2,535,831
Net income
-$494,064
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