Civic Intelligence

Simple Life Inc.

990 • Fiscal year 2015 • EIN 47-3280791

Jan 01, 2015 to Dec 31, 2015 • Filed on Apr 09, 2016

16861 Marble AveLe Mars, IA 51031

(712) 574-8367

Siviq Scores

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

Liabilities / Assets

97th percentile

2.06x

Higher debt load relative to assets than 97% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

99th percentile

7.04x

Higher debt load relative to revenue than 99% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

2nd percentile

-362%

Higher net margin than 2% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

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.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

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

Source year 2015

Revenue Growth

Score unavailable

No value available

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

Source year 2015

Assets

$35,227

No earlier filing loaded for comparison.

Net Assets

-$37,207

No earlier filing loaded for comparison.

Liabilities

$72,434

No earlier filing loaded for comparison.

Revenue

$10,292

No earlier filing loaded for comparison.

Expenses

$47,499

No earlier filing loaded for comparison.

Net Income

-$37,207

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2015: $35,227Liabilities 2015: $72,434Net Assets 2015: -$37,2072015Assets 2016: $71,695Liabilities 2016: $104,602Net Assets 2016: -$32,9072016Assets 2017: $80,561Liabilities 2017: $59,614Net Assets 2017: $20,9472017Assets 2018: $65,274Liabilities 2018: $3,165Net Assets 2018: $62,1092018Assets 2019: $434,655Liabilities 2019: $273,988Net Assets 2019: $160,6672019Assets 2020: $488,838Liabilities 2020: $308,160Net Assets 2020: $180,6782020Assets 2021: $473,944Liabilities 2021: $263,747Net Assets 2021: $210,1972021Assets 2022: $472,722Liabilities 2022: $267,693Net Assets 2022: $205,0292022Assets 2023: $536,072Liabilities 2023: $307,517Net Assets 2023: $228,5552023Assets 2024: $458,057Liabilities 2024: $297,278Net Assets 2024: $160,7792024

Highlighted filing

2015

Assets$35,227
Liabilities$72,434
Net Assets-$37,207

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2015: $10,292Expenses 2015: $47,499Net Income 2015: -$37,2072015Revenue 2016: $123,985Expenses 2016: $119,685Net Income 2016: $4,3002016Revenue 2017: $342,099Expenses 2017: $288,245Net Income 2017: $53,8542017Revenue 2018: $480,142Expenses 2018: $438,980Net Income 2018: $41,1622018Revenue 2019: $709,307Expenses 2019: $780,217Net Income 2019: -$70,9102019Revenue 2020: $797,484Expenses 2020: $738,244Net Income 2020: $59,2402020Revenue 2021: $830,474Expenses 2021: $800,955Net Income 2021: $29,5192021Revenue 2022: $852,682Expenses 2022: $857,850Net Income 2022: -$5,1682022Revenue 2023: $1,057,828Expenses 2023: $1,034,302Net Income 2023: $23,5262023Revenue 2024: $1,023,061Expenses 2024: $1,090,837Net Income 2024: -$67,7762024

Highlighted filing

2015

Revenue$10,292
Expenses$47,499
Net Income-$37,207
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Apr 9, 2016
Return Version
2015v2.1
Gross Receipts
$10,292
Mission and Program Overview

Mission

Training and education for developmentally disadvantaged individuals

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net-$33,888-
Cash and Non-Interest-Bearing Accounts-$1,339-
Total Assets$0$35,227▲ $35,227
Liabilities
Other Liabilities-$71,492-
Accounts Payable and Accrued Expenses-$942-
Total Liabilities$0$72,434▲ $72,434
Net Assets / Fund Balance
Unrestricted Net Assets-$-37,207-
Total Net Assets Fund Balance$0$-37,207▼ $37,207
Total Liabilities and Net Assets / Fund Balance$0$35,227▲ $35,227
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sheri PorterPreseident
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$10,292
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-37,207
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$38,513
Salaries, Compensation, and Employee Benefits$8,986
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$15,523--$15,523
Insurance$9,390--$9,390
Other Salaries and Wages$8,214--$8,214
Fees for Services Legal$4,510--$4,510
Office Expenses$2,911--$2,911
Interest$1,441--$1,441
Travel$1,106--$1,106
Information Technology$1,057--$1,057
Fees for Services Management$1,050--$1,050
Fees for Services Other$924--$924
Payroll Taxes$772--$772
Payment Travel Entrtnmnt Publicly Ofcl$312--$312
Advertising$289--$289
Total Functional Expenses$47,499$0$0$47,499
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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
Mike Porter$40,771
Capital One$30,721
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Simple Life Inc
EIN
47-3280791
Address
16861 MARBLE AVE, LE MARS, IA 51031

Signing Officer

Name
Sheri Porter
Title
Preseident
Phone
7125748367
Signed
2016-04-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sheri Porter
Voting Board Members
1
Independent Board Members
1
Employees
1

Preparer

Firm
Kroese & Kroese CPA Pc
Address
31 2ND AVENUE NW, LE MARS, IA 51031
Preparer
Rex E Knapp CPA
Phone
7125465131
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Training and education for developmentally disadvantaged individuals

Raw XML Appendix234 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.

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ReturnHeader/TaxYr02015

Document Assets

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Filings