Civic Intelligence

Lake Cooper Foundation

990EZ • Fiscal year 2019 • EIN 46-5696486

Jan 01, 2019 to Dec 31, 2019 • Filed on Jan 30, 2020

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

85th percentile

0.26x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

89th percentile

0.25x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

54th percentile

5.2%

Higher net margin than 54% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

49th percentile

1.8%

Faster asset growth than 49% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

32nd percentile

-12%

Faster revenue growth than 32% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets85th percentile

Assets

Up

$67,376

Up $1,181 (+1.8%) from 2018

Net Assets

Up

$50,193

Up $3,438 (+7.4%) from 2018

Liabilities

Down

$17,183

Down $2,257 (-12%) from 2018

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin54th percentile

Revenue

Down

$69,703

Down $9,175 (-12%) from 2018

Expenses

Up

$66,074

Up $6,834 (+12%) from 2018

Net Income

Down

$3,629

Down $16,009 (-82%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

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

2019

Assets$67,376
Liabilities$17,183
Net Assets$50,193
Open 2019 Filing

Operations Trend

Revenue Growth32nd percentile

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

2019

Revenue$69,703
Expenses$66,074
Net Income$3,629
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jan 30, 2020
Return Version
2019v5.0
Gross Receipts
$69,703
Mission and Program Overview

Mission

Bring back historical events

Program Services

DescriptionGrantsExpenses
BIG DAM STREET FESTIVAL-$41,784
Compensation and Service Providers
Top Officer Pay77th 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
2020-01-30
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 5,590craft & vendor shows 510”

Description of other expenses Part I line 16

“Description amountbig dam street festival 41,784haunted house 3,118river run 102craft & vendor shows 170christmas for kids 1,058misc 352interest expense 793family fun day 927”

Other changes in net assets or fund balances Part I line 20

“Description amountprior year adjustment (191)”

Description of total liabilities Part II line 26

“Category beginning of year end of yearconnection bank loan 19,440 17,183”

Raw XML Appendix169 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/BOYAmt040195
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt041376
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt03825
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt03629
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt066195
IRS990EZ/Form990TotalAssetsGrp/EOYAmt067376
IRS990EZ/GrossReceiptsAmt069703
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt026000
IRS990EZ/LandAndBuildingsGrp/EOYAmt026000
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt046755
IRS990EZ/NetAssetsOrFundBalancesEOYAmt050193
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt046755
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt050193
IRS990EZ/OccupancyRentUtltsAndMaintAmt015747
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/OtherChangesInNetAssetsAmt0-191
IRS990EZ/OtherExpensesTotalAmt048304
IRS990EZ/OtherRevenueTotalAmt06100
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0BRING BACK HISTORICAL EVENTS
IRS990EZ/PrintingPublicationsPostageAmt02023
IRS990EZ/ProgramServiceRevenueAmt059778
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0BIG DAM STREET FESTIVAL
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt041784
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt019440
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt017183
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt066074
IRS990EZ/TotalProgramServiceExpensesAmt041784
IRS990EZ/TotalRevenueAmt069703
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt03825
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt015357
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt08954
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt05504
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt02199
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt035839
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt059778
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt054342
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt035037
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt010942
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt011193
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0171292
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt06100
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt04515
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt05819
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt05978
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0553
IRS990ScheduleA/OtherIncome509Grp/TotalAmt022965
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.90020
IRS990ScheduleA/PublicSupportPY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0207131
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt063603
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt069699
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt043991
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt016446
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt013392
IRS990ScheduleA/Total509Grp/TotalAmt0207131
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt069703
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt074214
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt049810
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt022424
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt013945
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0230096
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTBUILDING RENTAL 5,590CRAFT & VENDOR SHOWS 510
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTBIG DAM STREET FESTIVAL 41,784HAUNTED HOUSE 3,118RIVER RUN 102CRAFT & VENDOR SHOWS 170CHRISTMAS FOR KIDS 1,058MISC 352INTEREST EXPENSE 793FAMILY FUN DAY 927
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION AMOUNTPRIOR YEAR ADJUSTMENT (191)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CATEGORY BEGINNING OF YEAR END OF YEARCONNECTION BANK LOAN 19,440 17,183
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other changes in net assets or fund balances Part I line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT KORSCHGEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT TREA
ReturnHeader/BusinessOfficerGrp/PhoneNum03195205209
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-01-30
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/AtSubmissionCreationDeviceId0DFF5B8910BD1CE99918DCBCCCF0782E8872008B0
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0DFF5B8910BD1CE99918DCBCCCF0782E8872008B0
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId04208702020037rg2ywek
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02020-02-06
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0174.22.121.156
ReturnHeader/FilingSecurityInformation/IPDt02020-02-06
ReturnHeader/FilingSecurityInformation/IPTm009:23:21
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/PreparationDt02020-02-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HALEY HAGEMAN
ReturnHeader/ReturnTs02020-02-06T09:04:43-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$67,376
Liabilities
$17,183
Net assets
$50,193
Revenue
$69,703
Expenses
$66,074
Net income
$3,629
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
2019Detailed filing. Detailed filing data is available for this year.$67.4$17.2$50.2$69.7$66.1$3.63
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$66.2$19.4$46.8$78.9$59.2$19.6