Civic Intelligence

Schmuecker Renewable Energy Systems Inc

EIN 81-4827831 • 501(c)3 • Blairstown, IA

Profile

The corporation is organized to update and maintain a solar-hydrogen system aimed at developing energy alternatives to fossil fuels used in farming operations.

2137 74th StBlairstown, IA 52209

www.solarhydrogensystem.com

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

21st percentile

-25%

Higher net margin than 21% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

96th percentile

256%

Faster revenue growth than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$0

Down $36,333 (-100%) from 2020

Liabilities

Flat

$0

Flat from 2020

Net Assets

Down

$0

Down $36,333 (-100%) from 2020

Revenue

Up

$130,532

Up $93,875 (+256%) from 2020

Expenses

Up

$163,115

Up $151,248 (+1275%) from 2020

Net Income

Down

-$32,583

Down $57,373 (-231%) from 2020

Trend Graphs

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2017: $11,060Liabilities 2017: $0Net Assets 2017: $11,0602017Assets 2018: $10,700Liabilities 2018: $0Net Assets 2018: $10,7002018Assets 2019: $11,543Liabilities 2019: $0Net Assets 2019: $11,5432019Assets 2020: $36,333Liabilities 2020: $0Net Assets 2020: $36,3332020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2017: $122,873Expenses 2017: $111,813Net Income 2017: $11,0602017Revenue 2018: $153,629Expenses 2018: $153,989Net Income 2018: -$3602018Revenue 2019: $120,449Expenses 2019: $119,606Net Income 2019: $8432019Revenue 2020: $36,657Expenses 2020: $11,867Net Income 2020: $24,7902020Revenue 2021: $130,532Expenses 2021: $163,115Net Income 2021: -$32,5832021

Highlighted filing

2021

Revenue$130,532
Expenses$163,115
Net Income-$32,583

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 17, 2021
Signed
Nov 2, 2022
Return Version
2021v4.2
Gross Receipts
$131,382
Mission and Program Overview

Mission

The corporation is organized to update and maintain a solar-hydrogen system aimed at developing energy alternatives to fossil fuels used in farming operations.

Program Services

DescriptionGrantsExpenses
MAINTENANCE, DEVELOPMENT, AND DISPLAY OF A SOLAR-HYDROGENSYSTEM THAT GENERATES HYDROGEN AND AMMONIA TO FUEL A FARMTRACTOR AND FOR USE AS A CORN FERTILIZER.$4,223$153,139
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TIM ARNOLDDirector-$0--
WILLIAM AYRESDirector-$0--
THOMAS R HURDDirector-$0--
DAVID MORTONDirector-$0--
NORM OLSONDirector-$0--
JAY SCHMUECKERPresident/Treasurer-$0--
DAVID L TOYNEVice President-$0--
JAYNE SPRAFKESecretary-$0--
Filing and Contact Details

Filer

Filer Name
Schmuecker Renewable Energy Systems Inc
EIN
81-4827831
Phone
8185233145
Address
2137 74TH ST, BLAIRSTOWN, IA 52209

Signing Officer

Name
Jay Schmuecker
Title
President
Phone
8185233145
Signed
2022-11-02
Discuss with paid preparer
Yes

Preparer

Firm
Rsm US Llp
Address
201 FIRST ST SE STE 800, CEDAR RAPIDS, IA 52401-1512
Preparer
Shawna Huls
Phone
3192985333
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: ia renewable energy association. Grantee address: 120 boyson rd hiawatha, ia 52233. Amount given: 2,111. Total to form 990-ez, line 14: 6,438.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: frc team 980. Grantee address: 14101 claywood ave sylmar, ca 91342. Amount given: 2,112. Total included on form 990-ez, line 10: 4,223.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 1,700. Description: other expenses. Amount: 4,738.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: membership dues. Amount: 100. Description: equipment expenses. Amount: 15,303. Total to form 990-ez, line 16: 15,403.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: prior period adjustment. Amount: -3,750.

Form 990-ez, Part II, Line 24 - Other Assets

Description: other depreciable assets. Beg. Of year amount: 2,550. End of year amount: 0.

Raw XML Appendix228 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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IRS990EZ/PrimaryExemptPurposeTxt0THE CORPORATION IS ORGANIZED TO UPDATE AND MAINTAIN A SOLAR-HYDROGEN SYSTEM AIMED AT DEVELOPING ENERGY ALTERNATIVES TO FOSSIL FUELS USED IN FARMING OPERATIONS.
IRS990EZ/PrintingPublicationsPostageAmt073
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IRS990EZ/WebsiteAddressTxt0WWW.SOLARHYDROGENSYSTEM.COM
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE INITIAL RETURN FOR SCHMUECKER RENEWABLE ENERGY SYSTEM INC. IS FOR THE SHORT PERIOD 01/03/2017 TO 12/31/2017
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt091666
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt036657
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0120449
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0153629
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleN/AttorneyGeneralNotifiedInd01
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0IA RENEWABLE ENERGY ASS'N
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt1FRC TEAM 980
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02021-12-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt12021-12-31
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN1263227751
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt12112
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0CASH - ACTUAL VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt1CASH - ACTUAL VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0120 E BOYSON RD
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt114101 CLAYWOOD AVE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0HIAWATHA
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IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0AS PART OF THE PLAN OF LIQUIDATION, SCHMUECKER RENEWABLE ENERGY SYSTEMS INC SOLD THE CORPORATION'S TECHNOLOGY AND WORKS TO SCHMUECKER RENEWABLE ENERGY SYSTEM CO, LLC. APPRAISALS WERE PERFORMED TO DETERMINE THE APPROPRIATE FMV.THE SALE OF ASSETS WAS PROPERLY INCLUDED AS A SALE OF ASSETS ON PAGE 1 OF THE 990-EZ, LINE 5A AND NOT INCLUDED ON SCH. N DUE TO THE TRANSACTION OCCURING PRIOR TO DISSOLUTION. THE AMOUNT DISTRIBUTED OUT PURSUANT TO LIQUIDATION/DISSOLUTION WAS CASH ON HAND AFTER CURRENT YEAR ACTIVITY AND WAS DISTRIBUTED APPROPRIATELY TO 501(C)(3) ORGANIZATIONS.SEE ATTACHED RESOLUTIONS OF THE BOARD OF DIRECTORS AND TECHNOLOGY AND COPYWRIGHT ASSIGNMENT FOR FURTHER DETAILS.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE N, ADDITIONAL EXPLANATION OF LIQUIDATION/DISSOLUTION:
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: . GRANTEE NAME: IA RENEWABLE ENERGY ASSOCIATION. GRANTEE ADDRESS: 120 BOYSON RD HIAWATHA, IA 52233. AMOUNT GIVEN: 2,111. TOTAL TO FORM 990-EZ, LINE 14: 6,438.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: . GRANTEE NAME: FRC TEAM 980. GRANTEE ADDRESS: 14101 CLAYWOOD AVE SYLMAR, CA 91342. AMOUNT GIVEN: 2,112. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 4,223.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DEPRECIATION. AMOUNT: 1,700. DESCRIPTION: OTHER EXPENSES. AMOUNT: 4,738.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: MEMBERSHIP DUES. AMOUNT: 100. DESCRIPTION: EQUIPMENT EXPENSES. AMOUNT: 15,303. TOTAL TO FORM 990-EZ, LINE 16: 15,403.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: PRIOR PERIOD ADJUSTMENT. AMOUNT: -3,750.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 2,550. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/Filer/EIN0814827831
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ReturnHeader/Filer/USAddress/ZIPCd052209
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0420714325
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RSM US LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0201 FIRST ST SE STE 800
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CEDAR RAPIDS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0524011512
ReturnHeader/PreparerPersonGrp/PhoneNum03192985333
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHAWNA HULS
ReturnHeader/ReturnTs02022-11-08T16:42:25-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JAY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SCHMUECKER
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-17
ReturnHeader/TaxYr02021

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Peer Organizations

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