Civic Intelligence

Iowa First Fund

990EZ • Fiscal year 2019 • EIN 84-2210613

Jan 01, 2019 to Dec 31, 2019 • Filed on May 19, 2020

521 E Locust StreetDes Moines, IA 50309

(515) 284-5001

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

99th percentile

97%

Higher net margin than 99% of similar nonprofits.

2019 filings • 501(c)4 • <$500k nonprofits • Source year 2019

Top Officer Pay

90th percentile

$5,000

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2019 filings • 501(c)4 • <$500k nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

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

Source year 2019

Revenue Growth

Score unavailable

No value available

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

Source year 2019

Assets

$181,302

No earlier filing loaded for comparison.

Net Assets

$181,302

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

$187,000

No earlier filing loaded for comparison.

Expenses

$5,698

No earlier filing loaded for comparison.

Net Income

$181,302

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.

$1.0M$500K$0Assets 2019: $181,302Net Assets 2019: $181,3022019Assets 2021: $262,916Liabilities 2021: $0Net Assets 2021: $262,9162021Assets 2022: $648,565Liabilities 2022: $0Net Assets 2022: $648,5652022Assets 2023: $891,835Liabilities 2023: $0Net Assets 2023: $891,8352023Assets 2024: $993,560Liabilities 2024: $0Net Assets 2024: $993,5602024

Highlighted filing

2019

Assets$181,302
Liabilities-
Net Assets$181,302

Operations Trend

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

$800K$600K$400K$200K$0Revenue 2019: $187,000Expenses 2019: $5,698Net Income 2019: $181,3022019Revenue 2021: $231,175Expenses 2021: $53,740Net Income 2021: $177,4352021Revenue 2022: $722,050Expenses 2022: $336,400Net Income 2022: $385,6502022Revenue 2023: $364,750Expenses 2023: $121,480Net Income 2023: $243,2702023Revenue 2024: $639,100Expenses 2024: $537,375Net Income 2024: $101,7252024

Highlighted filing

2019

Revenue$187,000
Expenses$5,698
Net Income$181,302
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 19, 2020
Return Version
2019v5.1
Gross Receipts
$187,000
Mission and Program Overview

Mission

See attached Iowa First Fund Exempt Purpose

Program Services

DescriptionGrantsExpenses
Iowa First Fund was organized during 2019 and began the process of raising funds to accomplish its purposes of educating and informingIowa voters about limited government and expanding economic opportunity.$0$5,698
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
WILLIAM R GUSTOFFPresident And Treasurer-$5,000-$5,000
GEOFF JENSENSecretary-$0--
Political and Lobbying Activity
In-house lobbying only
Yes
Filing and Contact Details

Filer

Filer Name
Iowa First Fund
EIN
84-2210613
Phone
5152845001
Address
521 E LOCUST STREET, DES MOINES, IA 50309

Signing Officer

Name
William R Gustoff
Title
President
Phone
5152845001
Signed
2020-05-19
Discuss with paid preparer
Yes

Preparer

Firm
Delmar R Mohler CPA
Address
2455 Scenic Valley Dr, West Des Moines, IA 50265-7707
Preparer
Delmar R Mohler CPA
Phone
5152827250
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

Filing fees 650.

Form 990EZ, Part I, Line 16

Bank charges 32.

Form 990EZ, Part I, Line 16

Supplies 16.

Raw XML Appendix123 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/PersonNm0WILLIAM R GUSTOFF
IRS990EZ/BooksInCareOfDetail/PhoneNum05152845001
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0521 EAST LOCUST STREET SUITE 302
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0DES MOINES
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd050309
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0181302
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0187000
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0181302
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt05000
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0181302
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0187000
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0181302
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0181302
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt05000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0WILLIAM R GUSTOFF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1GEOFF JENSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT AND TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0698
IRS990EZ/PrimaryExemptPurposeTxt0See attached Iowa First Fund Exempt Purpose
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Iowa First Fund was organized during 2019 and began the process of raising funds to accomplish its purposes of educating and informingIowa voters about limited government and expanding economic opportunity.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt05698
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0true
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt05698
IRS990EZ/TotalProgramServiceExpensesAmt05698
IRS990EZ/TotalRevenueAmt0187000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
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
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Filing fees 650.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Bank charges 32.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Supplies 16.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM R GUSTOFF
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05152845001
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-05-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IOWA FIRST FUND
ReturnHeader/Filer/BusinessNameControlTxt0IOWA
ReturnHeader/Filer/EIN0842210613
ReturnHeader/Filer/PhoneNum05152845001
ReturnHeader/Filer/USAddress/AddressLine1Txt0521 E LOCUST STREET
ReturnHeader/Filer/USAddress/CityNm0DES MOINES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050309
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0419EB8BC45E2C69D247502A5F6C5ABFD714A8A62
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0419EB8BC45E2C69D247502A5F6C5ABFD714A8A62
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0173.23.146.80
ReturnHeader/FilingSecurityInformation/IPDt02020-05-19
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm014:28:52
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Delmar R Mohler CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02455 Scenic Valley Dr
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0West Des Moines
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0502657707
ReturnHeader/PreparerPersonGrp/PhoneNum05152827250
ReturnHeader/PreparerPersonGrp/PreparationDt02020-05-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Delmar R Mohler CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-05-19T14:29:18-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings