Civic Intelligence

Norwalk Hometown Pride Inc.

EIN 84-3794467 • 501(c)3 • Norwalk, IA

Pub. 78 Eligible990-N Coverage

Profile

Community Betterment

PO Box 297Norwalk, IA 50211

http//norwalkhometownpride.com

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 2022

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

80th percentile

28%

Higher net margin than 80% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

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 2022

Asset Growth

86th percentile

50%

Faster asset growth than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

93rd percentile

130%

Faster revenue growth than 93% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$41,948

Up $13,949 (+50%) from 2021

Liabilities

Flat

$0

Flat from 2021

Net Assets

Down

$41,948

Down $2,121 (-4.8%) from 2021

Operations
Liabilities / Revenue62nd percentileNet Margin80th percentile

Revenue

Up

$50,320

Up $28,413 (+130%) from 2021

Expenses

Up

$36,201

Up $36,201 from 2021

Net Income

Down

$14,119

Down $7,788 (-36%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth86th percentile

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

$60K$40K$20K$0Assets 2021: $27,999Liabilities 2021: $0Net Assets 2021: $44,0692021Assets 2022: $41,948Liabilities 2022: $0Net Assets 2022: $41,9482022

Highlighted filing

2022

Assets$41,948
Liabilities$0
Net Assets$41,948
Open 2022 Filing

Operations Trend

Revenue Growth93rd percentile

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

$60K$40K$20K$0Revenue 2021: $21,907Expenses 2021: $0Net Income 2021: $21,9072021Revenue 2022: $50,320Expenses 2022: $36,201Net Income 2022: $14,1192022

Highlighted filing

2022

Revenue$50,320
Expenses$36,201
Net Income$14,119
Open 2022 Filing

Filings

Most recent year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$41,948
Liabilities
$0
Net assets
$41,948
Revenue
$50,320
Expenses
$36,201
Net income
$14,119
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$41.9$0.00$41.9$50.3$36.2$14.1
2021Detailed filing. Detailed filing data is available for this year.$28.0$0.00$44.1$21.9$0.00$21.9
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Jun 13, 2023
Return Version
2022v5.0
Gross Receipts
$50,320
Mission and Program Overview

Mission

Community Betterment

Identify accomplish and promote community projects for Norwalk Iowa

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$27,999$41,948▲ $13,949
Rtn Earn Endowment Incm Other Fnds$27,999$41,948▲ $13,949
Total Assets$27,999$41,948▲ $13,949
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$27,999$41,948▲ $13,949
Total Net Assets Fund Balance$27,999$41,948▲ $13,949
Total Liabilities and Net Assets / Fund Balance$27,999$41,948▲ $13,949
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Deanna SchulzChair
Chad SmithCo Vice Chair
Michael FossCo Vice Chair
Judy CorcoranSecretary
Michelle LippertTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$50,320
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$2,574
Change in Net Assets
$14,119
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$36,201
Total Fundraising Expense$862
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$31,829$3,510$862$36,201
Total Functional Expenses$31,829$3,510$862$36,201
International Activity

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
Fundraising, Events, and Gaming
Fundraising activities
Yes
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
Yes
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

Part VI Line 11B

“Validation to Corporate Quickbooks Software”

Part VI Line 19

“By request”

Filing and Contact Details

Filer

Filer Name
Norwalk Hometown Pride Inc
EIN
84-3794467
In Care Of
% Michelle Lippert
Phone
5159916214
Address
PO Box 297, Norwalk, IA 50211

Signing Officer

Name
Michelle Lippert
Title
Treasurer
Phone
5159916214
Signed
2023-06-13

Organization Details

Formed
2019
Legal Domicile
Ia
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
15
Raw XML Appendix279 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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IRS990/Form990PartVIISectionAGrp/TitleTxt1Co Vice Chair
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ReturnHeader/Filer/EIN0843794467
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ReturnHeader/Filer/PhoneNum05159916214
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-09-30
ReturnHeader/TaxYr02022

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