Civic Intelligence

Friends of the Iron Mountain Dda

EIN 84-3301603 • 501(c)3 • Iron Mountain, MI

Profile

To support the services and programs of the Iron Mountain Downtown Development Authority within the established DDA district, in order to promote the revitalization of Downtown Iron Mountain.

501 S Stephenson AveIron Mountain, MI 49801
Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

79th percentile

26%

Higher net margin than 79% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

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 2020

Asset Growth

Score unavailable

No value available

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

Source year 2020

Revenue Growth

Score unavailable

No value available

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

Source year 2020

Balance Sheet
Liabilities / Assets60th percentile

Assets

$4,350

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$4,350

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue62nd percentileNet Margin79th percentile

Revenue

$16,732

No earlier filing loaded for comparison.

Expenses

$12,382

No earlier filing loaded for comparison.

Net Income

$4,350

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$6.0K$4.0K$2.0K$0Assets 2020: $4,350Liabilities 2020: $0Net Assets 2020: $4,3502020

Highlighted filing

2020

Assets$4,350
Liabilities$0
Net Assets$4,350
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$20K$15K$10K$5.0K$0Revenue 2020: $16,732Expenses 2020: $12,382Net Income 2020: $4,3502020

Highlighted filing

2020

Revenue$16,732
Expenses$12,382
Net Income$4,350
Open 2020 Filing

Filings

Most recent year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,350
Liabilities
$0
Net assets
$4,350
Revenue
$16,732
Expenses
$12,382
Net income
$4,350
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$4.35$0.00$4.35$16.7$12.4$4.35
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 22, 2021
Return Version
2020v4.0
Gross Receipts
$16,732
Mission and Program Overview

Mission

To support the services and programs of the Iron Mountain Downtown Development Authority within the established DDA district, in order to promote the revitalization of Downtown Iron Mountain.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$4,350-
Rtn Earn Endowment Incm Other Fnds-$4,350-
Total Assets$0$4,350▲ $4,350
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$4,350▲ $4,350
Total Liabilities and Net Assets / Fund Balance$0$4,350▲ $4,350
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Megan BlomquistPresident
Lisa VillringerVice President
Holly DegrootDirector
Mark KlossnerDirector
Elsa PontbriandSecretary
Amber PippTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$16,732
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$12,932
Change in Net Assets
$4,350
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$8,036
Other Expenses$4,346
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$8,036--$8,036
Other Expenses$3,907--$3,907
Advertising$399--$399
Total Functional Expenses$12,382$0$0$12,382
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
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 governing body review Part VI line 11

“The board reviewed and approved the 990 prior to submitting”

Governing documents etc available to public Part VI line 19

“Information is available to the public upon written request”

Filing and Contact Details

Filer

Filer Name
Friends of the Iron Mountain DDA
EIN
84-3301603
Address
501 S Stephenson Ave, Iron Mountain, MI 49801

Signing Officer

Name
Amber Pipp
Title
Treasurer
Phone
9067748534
Signed
2021-03-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Megan Blomquist
Formed
2019
Legal Domicile
Mi
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
15

Preparer

Firm
Joseph Nurmi CPA PLLC
Address
427 S Stephenson Ave Ste 218, Iron Mountain, MI 49801
Preparer
Joseph Nurmi
Phone
9066291123
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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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