Civic Intelligence

Lynnville-Sully Community School Veba Trust

EIN 47-2316430 • 501(c)9 • Sully, IA

Profile

Voluntary employees beneficiary association. The trust was formed for the sole purpose of funding retiree health care benefits to eligible plan participants.

12476 Highway F62 EastSully, IA 50251

www.lshawks.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

67th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)9 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

80th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)9 • <$500k nonprofits • Source year 2024

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

501(c)9 • <$500k nonprofits • Source year 2024

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

501(c)9 • <$500k nonprofits • Source year 2022

Asset Growth

100th percentile

76800%

Faster asset growth than 100% of similar nonprofits.

501(c)9 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets67th percentile

Assets

Up

$769

Up $768 (+76800%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

-

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue80th percentileNet Margin99th percentile

Revenue

Up

$769

Up $777 (+9713%) from 2023

Expenses

Down

$0

Down $6,746 (-100%) from 2023

Net Income

Up

$769

Up $7,523 (+111%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth100th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0Assets 2014: $53,382Liabilities 2014: $0Net Assets 2014: $53,3822014Assets 2015: $54,584Liabilities 2015: $0Net Assets 2015: $54,5842015Assets 2016: $55,610Liabilities 2016: $0Net Assets 2016: $55,6102016Assets 2017: $56,540Liabilities 2017: $0Net Assets 2017: $56,5402017Assets 2018: $49,309Liabilities 2018: $0Net Assets 2018: $49,3092018Assets 2019: $37,568Liabilities 2019: $0Net Assets 2019: $37,5682019Assets 2020: $26,247Liabilities 2020: $0Net Assets 2020: $26,2472020Assets 2021: $15,606Net Assets 2021: $15,6062021Assets 2022: $6,753Net Assets 2022: $6,7532022Assets 2023: $1Liabilities 2023: $02023Assets 2024: $769Liabilities 2024: $02024

Highlighted filing

2024

Assets$769
Liabilities$0
Net Assets-
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20K$10K$0-$10K-$20KRevenue 2014: $5,612Expenses 2014: $0Net Income 2014: $5,6122014Revenue 2015: $1,202Expenses 2015: $0Net Income 2015: $1,2022015Revenue 2016: $1,013Expenses 2016: $0Net Income 2016: $1,0132016Revenue 2017: $919Expenses 2017: $0Net Income 2017: $9192017Revenue 2018: $712Expenses 2018: $7,953Net Income 2018: -$7,2412018Revenue 2019: $618Expenses 2019: $12,359Net Income 2019: -$11,7412019Revenue 2020: $442Expenses 2020: $11,763Net Income 2020: -$11,3212020Revenue 2021: $176Expenses 2021: $10,817Net Income 2021: -$10,6412021Revenue 2022: $73Expenses 2022: $8,926Net Income 2022: -$8,8532022Revenue 2023: -$8Expenses 2023: $6,746Net Income 2023: -$6,7542023Revenue 2024: $769Expenses 2024: $0Net Income 2024: $7692024

Highlighted filing

2024

Revenue$769
Expenses$0
Net Income$769
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZSummary only. Only limited summary data is available for this year.

Open filing
Assets
$769
Liabilities
$0
Net assets
-
Revenue
$769
Expenses
$0
Net income
$769
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Summary only. Only limited summary data is available for this year.$0.77$0.00$0.77$0.00$0.77
2023Summary only. Only limited summary data is available for this year.$0.00$0.00$0.01$6.75$6.75
2022Detailed filing. Detailed filing data is available for this year.$6.75$6.75$0.07$8.93$8.85
2021Detailed filing. Detailed filing data is available for this year.$15.6$15.6$0.18$10.8$10.6
2020Summary only. Only limited summary data is available for this year.$26.2$0.00$26.2$0.44$11.8$11.3
2019Summary only. Only limited summary data is available for this year.$37.6$0.00$37.6$0.62$12.4$11.7
2018Summary only. Only limited summary data is available for this year.$49.3$0.00$49.3$0.71$7.95$7.24
2017Summary only. Only limited summary data is available for this year.$56.5$0.00$56.5$0.92$0.00$0.92
2016Summary only. Only limited summary data is available for this year.$55.6$0.00$55.6$1.01$0.00$1.01
2015Summary only. Only limited summary data is available for this year.$54.6$0.00$54.6$1.20$0.00$1.20
2014Summary only. Only limited summary data is available for this year.$53.4$0.00$53.4$5.61$0.00$5.61
Latest Detailed Filing

The latest 2024 filing currently has summary financial data only. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Nov 1, 2021
Return Version
2021v4.2
Gross Receipts
$73
Mission and Program Overview

Mission

Voluntary employees beneficiary association. The trust was formed for the sole purpose of funding retiree health care benefits to eligible plan participants.

Program Services

DescriptionGrantsExpenses
TOTAL EXPENSE IS COMPRISED OF HEALTH CARE BENEFITS PAID TO ELIGIBLE PARTICIPANTS. TOTAL REVENUE REPRESENTS THE ORGANIZATION S PROGRAM-RELATED CONTRIBUTIONS TO THE VEBA TRUST FOR THE PURPOSE OF FUNDING RETIREE HEALTH CARE BENEFITS TO ELIGIBLE PARTICIPANTS.-$8,926
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MATT DUNSBERGENSuperintendent-$0--
KARLA DECOOKBusiness Manager-$0--
Filing and Contact Details

Filer

Filer Name
Lynnville-sully Community School Veba Trust
EIN
47-2316430
Phone
6415944445
Address
12476 HIGHWAY F62 EAST, SULLY, IA 50251

Signing Officer

Name
Matt Dunsbergen
Title
Superintendent
Phone
6415944445
Signed
2021-11-01
Discuss with paid preparer
Yes

Preparer

Firm
Midamerica Admin & Ret Solutions
Address
2855 INTERSTATE DRIVE 115, SUITE 115, LAKELAND, FL 33805
Preparer
David Schuler
Phone
8136676077
Raw XML Appendix89 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
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IRS990EZ/BenefitsPaidToOrForMembersAmt08926
IRS990EZ/BooksInCareOfDetail/PersonNm0MIDAMERICA ADMIN RETIREMENT SOLUTIO
IRS990EZ/BooksInCareOfDetail/PhoneNum08636884500
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02855 INTERSTATE DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt0SUITE 115
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LAKELAND
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd033805
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt015606
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt06753
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-8853
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt06753
IRS990EZ/GrossReceiptsAmt073
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InvestmentIncomeAmt073
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt015606
IRS990EZ/NetAssetsOrFundBalancesEOYAmt06753
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt015606
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt06753
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MATT DUNSBERGEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KARLA DECOOK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0SUPERINTENDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BUSINESS MANAGER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0VOLUNTARY EMPLOYEES BENEFICIARY ASSOCIATION. THE TRUST WAS FORMED FOR THE SOLE PURPOSE OF FUNDING RETIREE HEALTH CARE BENEFITS TO ELIGIBLE PLAN PARTICIPANTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TOTAL EXPENSE IS COMPRISED OF HEALTH CARE BENEFITS PAID TO ELIGIBLE PARTICIPANTS. TOTAL REVENUE REPRESENTS THE ORGANIZATION S PROGRAM-RELATED CONTRIBUTIONS TO THE VEBA TRUST FOR THE PURPOSE OF FUNDING RETIREE HEALTH CARE BENEFITS TO ELIGIBLE PARTICIPANTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt08926
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt08926
IRS990EZ/TotalProgramServiceExpensesAmt08926
IRS990EZ/TotalRevenueAmt073
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/WebsiteAddressTxt0www.lshawks.org
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MATT DUNSBERGEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Superintendent
ReturnHeader/BusinessOfficerGrp/PhoneNum06415944445
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LYNNVILLE-SULLY COMMUNITY SCHOOL VEBA TRUST
ReturnHeader/Filer/BusinessNameControlTxt0LYNN
ReturnHeader/Filer/EIN0472316430
ReturnHeader/Filer/PhoneNum06415944445
ReturnHeader/Filer/USAddress/AddressLine1Txt012476 HIGHWAY F62 EAST
ReturnHeader/Filer/USAddress/CityNm0SULLY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050251
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0593526224
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MIDAMERICA ADMIN & RET SOLUTIONS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02855 INTERSTATE DRIVE 115
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine2Txt0SUITE 115
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAKELAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033805
ReturnHeader/PreparerPersonGrp/PhoneNum08136676077
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID SCHULER
ReturnHeader/ReturnTs02023-05-15T09:10:51-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MATT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DUNSBERGEN
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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