Civic Intelligence

Ithaka Land Inc.

990 • Fiscal year 2016 • EIN 74-2186914

Jan 01, 2016 to Dec 31, 2016 • Filed on Apr 28, 2017

Organization Profilewww.ithakaland.org
321 Mesa RoadColorado Springs, CO 80905-1019

(719) 578-1629

Siviq Scores

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

Liabilities / Assets

69th percentile

0.30x

Higher debt load relative to assets than 69% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

90th percentile

2.04x

Higher debt load relative to revenue than 90% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

74th percentile

14%

Higher net margin than 74% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

40th percentile

$32,583

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 7.8% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

53rd percentile

2.1%

Faster asset growth than 53% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

88th percentile

48%

Faster revenue growth than 88% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets69th percentile

Assets

Up

$2,888,944

Up $58,947 (+2.1%) from 2015

Net Assets

Up

$2,035,164

Up $60,040 (+3.0%) from 2015

Liabilities

Down

$853,780

Down $1,093 (-0.1%) from 2015

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin74th percentile

Revenue

Up

$419,444

Up $136,227 (+48%) from 2015

Expenses

Down

$359,404

Down $4,933 (-1.4%) from 2015

Net Income

Up

$60,040

Up $141,160 (+174%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth53rd percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $2,992,082Liabilities 2010: $938,307Net Assets 2010: $2,053,7752010Assets 2011: $2,981,181Liabilities 2011: $918,088Net Assets 2011: $2,063,0932011Assets 2012: $2,973,667Liabilities 2012: $898,010Net Assets 2012: $2,075,6572012Assets 2013: $2,942,234Liabilities 2013: $878,477Net Assets 2013: $2,063,7572013Assets 2014: $2,916,339Liabilities 2014: $860,095Net Assets 2014: $2,056,2442014Assets 2015: $2,829,997Liabilities 2015: $854,873Net Assets 2015: $1,975,1242015Assets 2016: $2,888,944Liabilities 2016: $853,780Net Assets 2016: $2,035,1642016Assets 2017: $2,951,056Liabilities 2017: $856,388Net Assets 2017: $2,094,6682017Assets 2018: $2,755,585Liabilities 2018: $857,984Net Assets 2018: $1,897,6012018Assets 2019: $2,792,197Liabilities 2019: $712,418Net Assets 2019: $2,079,7792019Assets 2020: $4,253,719Liabilities 2020: $1,469,020Net Assets 2020: $2,784,6992020Assets 2021: $4,183,051Liabilities 2021: $790,272Net Assets 2021: $3,392,7792021Assets 2022: $3,695,218Liabilities 2022: $439,826Net Assets 2022: $3,255,3922022Assets 2023: $3,583,947Liabilities 2023: $443,506Net Assets 2023: $3,140,4412023Assets 2024: $3,409,722Liabilities 2024: $439,502Net Assets 2024: $2,970,2202024

Highlighted filing

2016

Assets$2,888,944
Liabilities$853,780
Net Assets$2,035,164
Open 2016 Filing

Operations Trend

Revenue Growth88th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $353,4032010Expenses 2011: $358,7642011Expenses 2012: $362,3782012Revenue 2013: $360,854Expenses 2013: $372,754Net Income 2013: -$11,9002013Revenue 2014: $370,750Expenses 2014: $378,263Net Income 2014: -$7,5132014Revenue 2015: $283,217Expenses 2015: $364,337Net Income 2015: -$81,1202015Revenue 2016: $419,444Expenses 2016: $359,404Net Income 2016: $60,0402016Revenue 2017: $452,037Expenses 2017: $392,533Net Income 2017: $59,5042017Revenue 2018: $269,690Expenses 2018: $466,757Net Income 2018: -$197,0672018Revenue 2019: $722,661Expenses 2019: $540,483Net Income 2019: $182,1782019Revenue 2020: $1,631,330Expenses 2020: $654,172Net Income 2020: $977,1582020Revenue 2021: $1,333,962Expenses 2021: $721,855Net Income 2021: $612,1072021Revenue 2022: $656,977Expenses 2022: $794,364Net Income 2022: -$137,3872022Revenue 2023: $687,273Expenses 2023: $802,224Net Income 2023: -$114,9512023Revenue 2024: $585,758Expenses 2024: $755,979Net Income 2024: -$170,2212024

Highlighted filing

2016

Revenue$419,444
Expenses$359,404
Net Income$60,040
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Apr 28, 2017
Return Version
2016v3.0
Gross Receipts
$419,444
Mission and Program Overview

Mission

Affordable housing and related living expenses for indigents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,778,180$1,745,324▼ $32,856
Investments in Publicly Traded Securities$979,672$1,047,940▲ $68,268
Savings and Temporary Cash Investments$56,644$57,966▲ $1,322
Cash and Non-Interest-Bearing Accounts$13,416$32,220▲ $18,804
Accounts Receivable$2,085$5,494▲ $3,409
Total Assets$2,829,997$2,888,944▲ $58,947
Liabilities
Mortgage Notes Payable Secured by Investment Property$413,238$413,238→ $0
Other Liabilities$409,063$405,182▼ $3,881
Accounts Payable and Accrued Expenses$26,220$29,584▲ $3,364
Deferred Revenue$6,352$5,776▼ $576
Total Liabilities$854,873$853,780▼ $1,093
Net Assets / Fund Balance
Unrestricted Net Assets$995,452$987,224▼ $8,228
Permanently Rstr Net Assets$848,585$848,585→ $0
Temporarily Rstr Net Assets$131,087$199,355▲ $68,268
Total Net Assets Fund Balance$1,975,124$2,035,164▲ $60,040
Total Liabilities and Net Assets / Fund Balance$2,829,997$2,888,944▲ $58,947

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,604,629$1,322,562$2,927,191
Land$128,400-$128,400
Other Land Buildings$12,295$1,117$13,412

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$979,672-▲ $102,946$34,678$1,047,940
2015$1,037,321-▼ $30,660$26,989$979,672
2014$997,294-▲ $63,567$23,540$1,037,321
2013$961,072-▲ $56,876$20,654$997,294
2012$940,851-▲ $48,738$28,517$961,072
Compensation and Service Providers
Top Officer Pay40th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Sheldon E KingExecutive DirectorFT$32,583$32,583

Board Members and Trustees

NameTitle
Donna JohnsonPresident
Peter Sprunger-FroeseDirector
Kevin CoughlinSecretary
Corey AlmondTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$36,783
Program Service Revenue
$275,505
Investment Income
$103,495
Other Revenue
$3,661
All Other Contributions
$32,533
Change in Net Assets
$60,040

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$23,803Average interest rat
Real Estate Residential2$4,250Purchase/Appraisal Value
Total Noncash Contributions3$28,053-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$288,982
Salaries, Compensation, and Employee Benefits$70,422
Total Fundraising Expense$2,130
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$80,057--$80,057
Other Salaries and Wages$37,839--$37,839
Current Officers, Directors, Trustees, and Key Employees$20,569$9,894$2,120$32,583
Interest$23,834--$23,834
Insurance$19,686--$19,686
Other Expenses$19,360--$19,360
Fees for Service Investment Mgmnt Fees$6,653--$6,653
Fees for Services Accounting-$5,550-$5,550
Office Expenses$3,597$374-$3,971
Fees for Services Other$3,738--$3,738
Travel$3,324--$3,324
All Other Expenses$2,443$611$10$3,064
Total Functional Expenses$340,845$16,429$2,130$359,404
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
Conditional Grants$393,527
Security Deposits$10,320
Prepaid Rent$1,335
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

“The Form 990 is presented to the board of directors and accepted after the form is filed. The board has authorized the Executive Director to review and approve the form before it is filed.”

Form 990, Part VI, Section B, line 12C

“Each director and employee understands the conflict of interest policy and is required to report any conflicts to the board.”

Form 990, Part VI, Section B, line 15

“The board reviews and approves salaries annually.”

Form 990, Part VI, Section C, line 19

“The organization's website contains financial information and a link to the 990. Any other documentation is provided upon request.”

Filing and Contact Details

Filer

Filer Name
Ithaka Land Inc
EIN
74-2186914
Phone
7195781629
Address
321 Mesa Road, Colorado Springs, CO 80905-1019

Signing Officer

Name
Sheldon E King
Title
Executive Director
Phone
7195781629
Signed
2017-04-28
Discuss with paid preparer
No

Organization Details

Principal Officer
Donna Johnson
Formed
1981
Legal Domicile
Co
Voting Board Members
5
Independent Board Members
5
Employees
4
Volunteers
17

Preparer

Firm
Hoelting & Company Inc
Address
31 E Platte Ave Ste 300, Colorado Springs, CO 80903
Preparer
Thomas G Sistare
Phone
7196301091
Supplemental Narrative

Financial Statement Notes

Part V, Line 4:

“Endowment earnings are to be used for rent supplements and financial support to indigent persons of the Pikes Peak Region and to purchase affordable housing for the indigent population of the Pikes Peak Region.”

Raw XML AppendixShowing 400 of 423 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
IRS990/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt026220
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt029584
IRS990/AccountsReceivableGrp/BOYAmt02085
IRS990/AccountsReceivableGrp/EOYAmt05494
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Affordable housing and related living expenses for indigents.
IRS990/AllOtherContributionsAmt032533
IRS990/AllOtherExpensesGrp/FundraisingAmt010
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0611
IRS990/AllOtherExpensesGrp/ProgramServicesAmt02443
IRS990/AllOtherExpensesGrp/TotalAmt03064
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Sheldon E King
IRS990/BooksInCareOfDetail/PhoneNum07195781629
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0321 Mesa Road
IRS990/BooksInCareOfDetail/USAddress/CityNm0Colorado Springs
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990/BooksInCareOfDetail/USAddress/ZIPCd080905
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt013416
IRS990/CashNonInterestBearingGrp/EOYAmt032220
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt02120
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt09894
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt020569
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt032583
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt036783
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0103495
IRS990/CYOtherExpensesAmt0288982
IRS990/CYOtherRevenueAmt03661
IRS990/CYProgramServiceRevenueAmt0275505
IRS990/CYRevenuesLessExpensesAmt060040
IRS990/CYSalariesCompEmpBnftPaidAmt070422
IRS990/CYTotalExpensesAmt0359404
IRS990/CYTotalFundraisingExpenseAmt02130
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0419444
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DeferredRevenueGrp/BOYAmt06352
IRS990/DeferredRevenueGrp/EOYAmt05776
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt080057
IRS990/DepreciationDepletionGrp/TotalAmt080057
IRS990/Desc0Property is held in perpetuity for the benefit of people with limited incomes, and to promote the value of living in an inclusive neighborhood. Ithaka's goal is to provide permanent affordable rental units targeting individuals who earn less than 30% of the area median income. In addition to permanent affordable housing, Ithaka operates two hospitality houses with twenty-three beds for no or low income people in transition. These houses take in people who are often not eligible for other housing programs - applicants need not have any income for acceptance. Vacancies are promptly filled from a waiting list for both our permanent housing and our transitional housing. Ithaka retains twenty-one properties with 28 buildings (45 units). In 2016 the Land Trust housed 154 people. Rents range from $217 per month for efficiencies to $460 for our larger homes.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0340845
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt05550
IRS990/FeesForServicesAccountingGrp/TotalAmt05550
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt03738
IRS990/FeesForServicesOtherGrp/TotalAmt03738
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt06653
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt06653
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt450.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0Donna Johnson
IRS990/Form990PartVIISectionAGrp/PersonNm1Kevin Coughlin
IRS990/Form990PartVIISectionAGrp/PersonNm2Peter Sprunger-Froese
IRS990/Form990PartVIISectionAGrp/PersonNm3Corey Almond
IRS990/Form990PartVIISectionAGrp/PersonNm4Sheldon E King
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt432583
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Executive Director
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01981
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt04250
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0419444
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt019686
IRS990/InsuranceGrp/TotalAmt019686
IRS990/InterestGrp/ProgramServicesAmt023834
IRS990/InterestGrp/TotalAmt023834
IRS990/InvestmentIncomeGrp/ExclusionAmt0103495
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0103495
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0979672
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01047940
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01323679
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01778180
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01745324
IRS990/LandBldgEquipCostOrOtherBssAmt03069003
IRS990/LegalDomicileStateCd0CO
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Affordable housing and related living expenses for indigents.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0413238
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0413238
IRS990/NetAssetsOrFundBalancesBOYAmt01975124
IRS990/NetAssetsOrFundBalancesEOYAmt02035164
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt028053
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0374
IRS990/OfficeExpensesGrp/ProgramServicesAmt03597
IRS990/OfficeExpensesGrp/TotalAmt03971
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Utilities
IRS990/OtherExpensesGrp/Desc1Repairs and Maintenance
IRS990/OtherExpensesGrp/Desc2Client Support
IRS990/OtherExpensesGrp/Desc3Real Estate Taxes
IRS990/OtherExpensesGrp/ProgramServicesAmt067183
IRS990/OtherExpensesGrp/ProgramServicesAmt131512
IRS990/OtherExpensesGrp/ProgramServicesAmt221050
IRS990/OtherExpensesGrp/ProgramServicesAmt319360
IRS990/OtherExpensesGrp/TotalAmt067183
IRS990/OtherExpensesGrp/TotalAmt131512
IRS990/OtherExpensesGrp/TotalAmt221050
IRS990/OtherExpensesGrp/TotalAmt319360
IRS990/OtherLiabilitiesGrp/BOYAmt0409063
IRS990/OtherLiabilitiesGrp/EOYAmt0405182
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt037839
IRS990/OtherSalariesAndWagesGrp/TotalAmt037839
IRS990/PartialLiquidationInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0848585
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0848585
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Donna Johnson
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0Affordable Housing
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0275505
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0275505
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt038074
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-30610
IRS990/PYOtherExpensesAmt0291728
IRS990/PYOtherRevenueAmt05297
IRS990/PYProgramServiceRevenueAmt0270456
IRS990/PYRevenuesLessExpensesAmt0-81120
IRS990/PYSalariesCompEmpBnftPaidAmt072609
IRS990/PYTotalExpensesAmt0364337
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0283217
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt060040
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0275505
IRS990/RoyaltiesRevenueGrp/ExclusionAmt03661
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt03661
IRS990/SavingsAndTempCashInvstGrp/BOYAmt056644
IRS990/SavingsAndTempCashInvstGrp/EOYAmt057966
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt036783
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt038074
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt038759
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt039498
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt067574
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0220688
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0107156
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0-25313
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt073699
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt070030
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt060347
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0285919
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.43560
IRS990ScheduleA/PublicSupportPY170Pct00.55780
IRS990ScheduleA/PublicSupportTotal170Amt0220688
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt036783
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt038074
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt038759
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt039498
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt067574
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0220688
IRS990ScheduleA/TotalSupportAmt0506607
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01604629
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01322562
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02927191
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0979672
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01047940
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0102946
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt034678
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01037321
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0979672
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-30660
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt026989
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0997294
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01037321
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt063567
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt023540
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0961072
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0997294
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt056876
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt020654
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0940851
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0961072
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt048738
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt028517
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/LandGrp/BookValueAmt0128400
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0128400
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt012295
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01117
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt013412
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0393527
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt110320
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21335
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Conditional Grants
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Security Deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Prepaid Rent
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Endowment earnings are to be used for rent supplements and financial support to indigent persons of the Pikes Peak Region and to purchase affordable housing for the indigent population of the Pikes Peak Region.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01745324
IRS990ScheduleD/TotalLiabilityAmt0405182
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0Non-interest loan
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0Average interest rat
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt023803
IRS990ScheduleM/RealEstateResidentialGrp/ContributionCnt02
IRS990ScheduleM/RealEstateResidentialGrp/MethodOfDeterminingRevenuesTxt0Purchase/Appraisal Value
IRS990ScheduleM/RealEstateResidentialGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateResidentialGrp/NoncashContributionsRptF990Amt04250
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd01
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is presented to the board of directors and accepted after the form is filed. The board has authorized the Executive Director to review and approve the form before it is filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Each director and employee understands the conflict of interest policy and is required to report any conflicts to the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The board reviews and approves salaries annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization's website contains financial information and a link to the 990. Any other documentation is provided upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0131087
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0199355
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02829997
IRS990/TotalAssetsEOYAmt02888944
IRS990/TotalAssetsGrp/BOYAmt02829997
IRS990/TotalAssetsGrp/EOYAmt02888944
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt036783
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt02130
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt016429
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0340845
IRS990/TotalFunctionalExpensesGrp/TotalAmt0359404
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0854873
IRS990/TotalLiabilitiesEOYAmt0853780
IRS990/TotalLiabilitiesGrp/BOYAmt0854873
IRS990/TotalLiabilitiesGrp/EOYAmt0853780
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01975124
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02035164
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0340845
IRS990/TotalProgramServiceRevenueAmt0275505
IRS990/TotalReportableCompFromOrgAmt032583
IRS990/TotalRevenueGrp/ExclusionAmt0107156
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0275505
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0419444
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt017
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02829997
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02888944
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt03324
IRS990/TravelGrp/TotalAmt03324
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0995452
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0987224
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0321 Mesa Road
IRS990/USAddress/CityNm0Colorado Springs
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd0809051019
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0www.ithakaland.org
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd00
ReturnHeader/BusinessOfficerGrp/PersonNm0Sheldon E King
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum07195781629
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-04-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Ithaka Land Inc
ReturnHeader/Filer/BusinessNameControlTxt0ITHA
ReturnHeader/Filer/EIN0742186914
ReturnHeader/Filer/PhoneNum07195781629
ReturnHeader/Filer/USAddress/AddressLine1Txt0321 Mesa Road

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,888,944
Liabilities
$853,780
Net assets
$2,035,164
Revenue
$419,444
Expenses
$359,404
Net income
$60,040
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.41$0.44$2.97$0.59$0.76$0.17
2023Summary only. Only limited summary data is available for this year.$3.58$0.44$3.14$0.69$0.80$0.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.70$0.44$3.26$0.66$0.79$0.14
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.18$0.79$3.39$1.33$0.72$0.61
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.25$1.47$2.78$1.63$0.65$0.98
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.79$0.71$2.08$0.72$0.54$0.18
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.76$0.86$1.90$0.27$0.47$0.20
2017Summary only. Only limited summary data is available for this year.$2.95$0.86$2.09$0.45$0.39$0.06
2016Detailed filing. Detailed filing data is available for this year.$2.89$0.85$2.04$0.42$0.36$0.06
2015Detailed filing. Detailed filing data is available for this year.$2.83$0.85$1.98$0.28$0.36$0.08
2014Detailed filing. Detailed filing data is available for this year.$2.92$0.86$2.06$0.37$0.38$0.01
2013Detailed filing. Detailed filing data is available for this year.$2.94$0.88$2.06$0.36$0.37$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.97$0.90$2.08$0.36
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.98$0.92$2.06$0.36
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.99$0.94$2.05$0.35