Civic Intelligence

Lake Cooper Foundation

990EZ • Fiscal year 2018 • EIN 46-5696486

Jan 01, 2018 to Dec 31, 2018 • Filed on Feb 28, 2019

Organization Profile
728 Franklin StKeokuk, IA 52632

(319) 520-5209

Siviq Scores

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

Liabilities / Assets

86th percentile

0.29x

Higher debt load relative to assets than 86% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

89th percentile

0.25x

Higher debt load relative to revenue than 89% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

80th percentile

25%

Higher net margin than 80% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Balance Sheet
Liabilities / Assets86th percentile

Assets

$66,195

No earlier filing loaded for comparison.

Net Assets

$46,755

No earlier filing loaded for comparison.

Liabilities

$19,440

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin80th percentile

Revenue

$78,878

No earlier filing loaded for comparison.

Expenses

$59,240

No earlier filing loaded for comparison.

Net Income

$19,638

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$100K$50K$0Assets 2018: $66,195Liabilities 2018: $19,440Net Assets 2018: $46,7552018Assets 2019: $67,376Liabilities 2019: $17,183Net Assets 2019: $50,1932019Assets 2020: $55,652Liabilities 2020: $14,783Net Assets 2020: $40,8692020Assets 2021: $66,231Liabilities 2021: $9,628Net Assets 2021: $56,6032021Assets 2022: $72,181Liabilities 2022: $6,853Net Assets 2022: $65,3282022Assets 2023: $77,705Liabilities 2023: $3,937Net Assets 2023: $73,7682023Assets 2024: $86,925Liabilities 2024: $872Net Assets 2024: $86,0532024

Highlighted filing

2018

Assets$66,195
Liabilities$19,440
Net Assets$46,755
Open 2018 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$100K$50K$0-$50KRevenue 2018: $78,878Expenses 2018: $59,240Net Income 2018: $19,6382018Revenue 2019: $69,703Expenses 2019: $66,074Net Income 2019: $3,6292019Revenue 2020: $29,399Expenses 2020: $38,606Net Income 2020: -$9,2072020Revenue 2021: $72,819Expenses 2021: $59,601Net Income 2021: $13,2182021Revenue 2022: $96,541Expenses 2022: $74,816Net Income 2022: $21,7252022Revenue 2023: $79,270Expenses 2023: $70,830Net Income 2023: $8,4402023Revenue 2024: $74,019Expenses 2024: $61,733Net Income 2024: $12,2862024

Highlighted filing

2018

Revenue$78,878
Expenses$59,240
Net Income$19,638
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Feb 28, 2019
Return Version
2018v3.1
Gross Receipts
$78,878
Mission and Program Overview

Mission

Bring back historical events

Program Services

DescriptionGrantsExpenses
BIG DAM STREET FESTIVAL-$32,077
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DOUG MATLICKDirector-$0--
THOMAS BELLDirector-$0--
ROBERT KORSCHGENPresident Treasurer Secretary-$0--
Filing and Contact Details

Filer

Filer Name
Lake Cooper Foundation
EIN
46-5696486
Address
728 FRANKLIN ST, KEOKUK, IA 52632

Signing Officer

Name
Robert Korschgen
Title
President Trea
Phone
3195205209
Signed
2019-02-28
Discuss with paid preparer
Yes

Preparer

Firm
Taxes Plus
Address
2406 Main St, Keokuk, IA 52632
Preparer
Haley Hageman
Phone
3195247278
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description amountbuilding rental 3,256craft & vendor shows 1,259”

Description of other expenses Part I line 16

“Description amountbig dam street festival 32,077haunted house 4,233river run 605craft & vendor shows 144christmas for kids 2,331misc 55interest expense 936family fun day 531”

Description of total liabilities Part II line 26

“Category beginning of year end of yearconnection bank loan 21,698 19,440”

Raw XML Appendix153 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/PersonNm0ROBERT KORSCHGEN
IRS990EZ/BooksInCareOfDetail/PhoneNum03195205209
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0728 FRANKLIN ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0KEOKUK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd052632
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt022815
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt040195
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt015357
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt019638
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt048815
IRS990EZ/Form990TotalAssetsGrp/EOYAmt066195
IRS990EZ/GrossReceiptsAmt078878
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt026000
IRS990EZ/LandAndBuildingsGrp/EOYAmt026000
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt027117
IRS990EZ/NetAssetsOrFundBalancesEOYAmt046755
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt027117
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt046755
IRS990EZ/OccupancyRentUtltsAndMaintAmt017671
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DOUG MATLICK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1THOMAS BELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ROBERT KORSCHGEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PRESIDENT TREASURER SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt040912
IRS990EZ/OtherRevenueTotalAmt04515
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0BRING BACK HISTORICAL EVENTS
IRS990EZ/PrintingPublicationsPostageAmt0657
IRS990EZ/ProgramServiceRevenueAmt059006
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0BIG DAM STREET FESTIVAL
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt032077
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt021698
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt019440
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt059240
IRS990EZ/TotalProgramServiceExpensesAmt032077
IRS990EZ/TotalRevenueAmt078878
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt015357
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt08954
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt05504
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt02199
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0466
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt032480
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt054342
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt035037
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt010942
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt011193
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt011206
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0122720
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt04515
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt05819
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt05978
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0553
IRS990ScheduleA/OtherIncome509Grp/TotalAmt016865
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0155200
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt069699
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt043991
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt016446
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt013392
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt011672
IRS990ScheduleA/Total509Grp/TotalAmt0155200
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt074214
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt049810
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt022424
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt013945
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt011672
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0172065
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTBUILDING RENTAL 3,256CRAFT & VENDOR SHOWS 1,259
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTBIG DAM STREET FESTIVAL 32,077HAUNTED HOUSE 4,233RIVER RUN 605CRAFT & VENDOR SHOWS 144CHRISTMAS FOR KIDS 2,331MISC 55INTEREST EXPENSE 936FAMILY FUN DAY 531
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEARCONNECTION BANK LOAN 21,698 19,440
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT KORSCHGEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT TREA
ReturnHeader/BusinessOfficerGrp/PhoneNum03195205209
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-02-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAKE COOPER FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0LAKE
ReturnHeader/Filer/EIN0465696486
ReturnHeader/Filer/USAddress/AddressLine1Txt0728 FRANKLIN ST
ReturnHeader/Filer/USAddress/CityNm0KEOKUK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd052632
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DC0CBF13DF32D8D4A4FB17A8C2FB0410A34D1B9C
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0DC0CBF13DF32D8D4A4FB17A8C2FB0410A34D1B9C
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId042087020190745zhg0m2
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02019-03-15
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt097.127.201.82
ReturnHeader/FilingSecurityInformation/IPDt02019-03-15
ReturnHeader/FilingSecurityInformation/IPTm016:48:28
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421341788
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Taxes Plus
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02406 Main St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Keokuk
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd052632
ReturnHeader/PreparerPersonGrp/PhoneNum03195247278
ReturnHeader/PreparerPersonGrp/PreparationDt02019-03-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HALEY HAGEMAN
ReturnHeader/ReturnTs02019-03-15T16:44:48-04:00
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
$66,195
Liabilities
$19,440
Net assets
$46,755
Revenue
$78,878
Expenses
$59,240
Net income
$19,638
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$86.9$0.87$86.1$74.0$61.7$12.3
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$77.7$3.94$73.8$79.3$70.8$8.44
2022Detailed filing. Detailed filing data is available for this year.$72.2$6.85$65.3$96.5$74.8$21.7
2021Detailed filing. Detailed filing data is available for this year.$66.2$9.63$56.6$72.8$59.6$13.2
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$55.7$14.8$40.9$29.4$38.6$9.21
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$67.4$17.2$50.2$69.7$66.1$3.63
2018Detailed filing. Detailed filing data is available for this year.$66.2$19.4$46.8$78.9$59.2$19.6