Civic Intelligence

Main Street Ottumwa

990 • Fiscal year 2021 • EIN 46-2763878

Jul 01, 2020 to Jun 30, 2021 • Filed on Oct 13, 2021

217 E Main StreetOttumwa, IA 52501

(641) 799-3464

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.73x

Higher debt load relative to assets than 92% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

92nd percentile

0.63x

Higher debt load relative to revenue than 92% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

28th percentile

-5.5%

Higher net margin than 28% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

91st percentile

$43,269

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 23.2% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

75th percentile

35%

Faster asset growth than 75% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

31st percentile

-19%

Faster revenue growth than 31% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$159,841

Up $41,066 (+35%) from 2020

Net Assets

Down

$42,526

Down $9,051 (-18%) from 2020

Liabilities

Up

$117,315

Up $50,117 (+75%) from 2020

Revenue

Down

$186,243

Down $45,075 (-19%) from 2020

Expenses

Up

$196,509

Up $23,748 (+14%) from 2020

Net Income

Down

-$10,266

Down $68,823 (-118%) from 2020

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100K-$200KAssets 2015: $33,901Liabilities 2015: $36,861Net Assets 2015: -$2,9602015Assets 2016: $88,232Liabilities 2016: $204,517Net Assets 2016: -$116,2852016Assets 2017: $55,010Liabilities 2017: $1,937Net Assets 2017: $53,0732017Assets 2018: $142,468Liabilities 2018: $102,647Net Assets 2018: $39,8212018Assets 2019: $74,134Liabilities 2019: $81,090Net Assets 2019: -$6,9562019Assets 2020: $118,775Liabilities 2020: $67,198Net Assets 2020: $51,5772020Assets 2021: $159,841Liabilities 2021: $117,315Net Assets 2021: $42,5262021Assets 2022: $172,354Liabilities 2022: $92,291Net Assets 2022: $80,0632022Assets 2023: $223,089Liabilities 2023: $85,603Net Assets 2023: $137,4862023Assets 2024: $174,830Liabilities 2024: $72,447Net Assets 2024: $102,3832024Assets 2025: $221,322Liabilities 2025: $75,574Net Assets 2025: $145,7482025

Highlighted filing

2021

Assets$159,841
Liabilities$117,315
Net Assets$42,526

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2015: $319,085Expenses 2015: $341,051Net Income 2015: -$21,9662015Revenue 2016: $4,168,489Expenses 2016: $4,281,814Net Income 2016: -$113,3252016Revenue 2017: $3,651,140Expenses 2017: $3,482,001Net Income 2017: $169,1392017Revenue 2018: $798,742Expenses 2018: $814,577Net Income 2018: -$15,8352018Revenue 2019: $111,033Expenses 2019: $158,151Net Income 2019: -$47,1182019Revenue 2020: $231,318Expenses 2020: $172,761Net Income 2020: $58,5572020Revenue 2021: $186,243Expenses 2021: $196,509Net Income 2021: -$10,2662021Revenue 2022: $301,866Expenses 2022: $264,329Net Income 2022: $37,5372022Revenue 2023: $292,779Expenses 2023: $229,665Net Income 2023: $63,1142023Revenue 2024: $164,443Expenses 2024: $209,634Net Income 2024: -$45,1912024Revenue 2025: $254,654Expenses 2025: $229,223Net Income 2025: $25,4312025

Highlighted filing

2021

Revenue$186,243
Expenses$196,509
Net Income-$10,266
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Oct 13, 2021
Return Version
2020v4.0
Gross Receipts
$205,345
Mission and Program Overview

Mission

The mission of the main street ottumwa program is to improve the social and economic well-being of our district by capitalizing on the unique identity, assets and character of our downtown area using the comprehensive main street four point approach.

To improve the social and economic well-being of our district by capitalizing on the unique identity, assets and character of the downtown ottumwa area using the comrehensive main street four point approach.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$90,097$119,356▲ $29,259
Land, Buildings, and Equipment, Net$22,057$14,527▼ $7,530
Savings and Temporary Cash Investments$12,064$13,422▲ $1,358
Accounts Receivable$2,814$10,560▲ $7,746
Prepaid Expenses and Deferred Charges$2,525$1,976▼ $549
Inventories for Sale or Use$708--
Total Assets$130,265$159,841▲ $29,576
Liabilities
Unsecured Notes Loans Payable$65,378$104,078▲ $38,700
Accounts Payable and Accrued Expenses$1,820$13,237▲ $11,417
Total Liabilities$67,198$117,315▲ $50,117
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$63,067$42,526▼ $20,541
Total Net Assets Fund Balance$63,067$42,526▼ $20,541
Total Liabilities and Net Assets / Fund Balance$130,265$159,841▲ $29,576

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$14,527$38,771$53,298
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Fred ZesigerExecutive DiFT$43,269$43,269

Board Members and Trustees

NameTitle
Tricia SmithPresident
Aj GevockDirector
Blaire SiemsDirector
Connie FergusonDirector
Jake MccoyDirector
Tony FlodenDirector
Brad GrefeSecretary
Holly BergTreasurer
Claudia GatesVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$146,927
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$39,316
All Other Contributions
$82,789
Change in Net Assets
$-10,266
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$196,509
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates$26,097$31,897-$57,994
Fees for Services Management$9,328$11,401-$20,729
Fees for Services Accounting$3,701$4,524-$8,225
Depreciation Depletion$7,530--$7,530
Insurance$1,744$1,316-$3,060
Interest-$2,221-$2,221
All Other Expenses$463$566-$1,029
Other Expenses$968$688-$968
Office Expenses$207$254-$461
Conferences and Meetings$49$60-$109
Total Functional Expenses$143,582$52,927$0$196,509
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$50,984
Fundraising Direct Expenses$19,102
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Lights of Love$15,110$15,110$3,232$11,878
Queen of Green$5,780$5,780$2,375$3,405
Total Events$20,890$20,890$5,607$15,283
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
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
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

A copy of the 990 is given to th board of directors to review and approve before it is submitted to the irs.

Form 990, Page 6, Part VI, Line 19

Documents are available at main location during regular business hours upon request.

Filing and Contact Details

Filer

Filer Name
Main Street Ottumwa
EIN
46-2763878
Phone
6417993464
Address
217 E MAIN STREET, OTTUMWA, IA 52501

Signing Officer

Name
Fred Zesiger
Title
Executive Director
Phone
6417993464
Signed
2021-10-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Fred Zesiger
Formed
2006
Legal Domicile
Ia
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
118

Preparer

Firm
Bradley T Barnes CPA Pc
Address
110 E 3RD STREET, OTTUMWA, IA 52501
Preparer
Bradley T Barnes
Phone
6416823440
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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/ExplanationTxt0A COPY OF THE 990 IS GIVEN TO TH BOARD OF DIRECTORS TO REVIEW AND APPROVE BEFORE IT IS SUBMITTED TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS ARE AVAILABLE AT MAIN LOCATION DURING REGULAR BUSINESS HOURS UPON REQUEST.
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0FRED ZESIGER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06417993464
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MAIN STREET OTTUMWA
ReturnHeader/Filer/BusinessNameControlTxt0MAIN
ReturnHeader/Filer/EIN0462763878
ReturnHeader/Filer/PhoneNum06417993464
ReturnHeader/Filer/USAddress/AddressLine1Txt0217 E MAIN STREET
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRADLEY T BARNES CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0110 E 3RD STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OTTUMWA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd052501
ReturnHeader/PreparerPersonGrp/PhoneNum06416823440
ReturnHeader/PreparerPersonGrp/PreparationDt02021-10-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRADLEY T BARNES
ReturnHeader/ReturnTs02021-10-26T14:04:03-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0FRED
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ZESIGER
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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