Civic Intelligence

Dalla Terra Ranch Foundation

990 • Fiscal year 2023 • EIN 87-3294188

Jan 01, 2023 to Dec 31, 2023 • Filed on May 14, 2024

PO Box 116Earlham, IA 50072-0116

(507) 828-4681

Siviq Scores

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

Liabilities / Assets

20th percentile

0.00x

Higher debt load relative to assets than 20% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

21st percentile

0.00x

Higher debt load relative to revenue than 21% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

73rd percentile

19%

Higher net margin than 73% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

33rd percentile

-0.8%

Faster asset growth than 33% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

90th percentile

90%

Faster revenue growth than 90% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$2,467,853

Down $19,317 (-0.8%) from 2022

Net Assets

Up

$2,466,417

Up $56,247 (+2.3%) from 2022

Liabilities

Down

$1,436

Down $75,564 (-98%) from 2022

Revenue

Up

$521,215

Up $246,567 (+90%) from 2022

Expenses

Up

$422,030

Up $284,153 (+206%) from 2022

Net Income

Down

$99,185

Down $37,586 (-27%) from 2022

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2022: $2,487,170Liabilities 2022: $77,000Net Assets 2022: $2,410,1702022Assets 2023: $2,467,853Liabilities 2023: $1,436Net Assets 2023: $2,466,4172023Assets 2024: $2,406,064Liabilities 2024: $15,264Net Assets 2024: $2,390,8002024

Highlighted filing

2023

Assets$2,467,853
Liabilities$1,436
Net Assets$2,466,417

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2022: $274,648Expenses 2022: $137,877Net Income 2022: $136,7712022Revenue 2023: $521,215Expenses 2023: $422,030Net Income 2023: $99,1852023Revenue 2024: $609,498Expenses 2024: $676,784Net Income 2024: -$67,2862024

Highlighted filing

2023

Revenue$521,215
Expenses$422,030
Net Income$99,185
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 14, 2024
Return Version
2023v5.0
Gross Receipts
$521,215
Mission and Program Overview

Mission

To serve historically under-served iowans wanting to build farm businesses by providing access to land for specialty crop production and new farm business development capacity building resources.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$2,367,232$2,466,417▲ $99,185
Land, Buildings, and Equipment, Net$2,090,681$2,092,391▲ $1,710
Cash and Non-Interest-Bearing Accounts$295,112$240,467▼ $54,645
Accounts Receivable$58,439$134,995▲ $76,556
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,444,232$2,467,853▲ $23,621
Liabilities
Other Liabilities$77,000$0▼ $77,000
Accounts Payable and Accrued Expenses-$1,436-
Total Liabilities$77,000$1,436▼ $75,564
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,367,232$2,466,417▲ $99,185
Total Liabilities and Net Assets / Fund Balance$2,444,232$2,467,853▲ $23,621

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,070,000-$1,070,000
Buildings$972,186$78,248$1,050,434
Equipment$50,205$26,307$76,512
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sharon KrauseBoard Member-chair
Neil HamiltonBoard Member-vice Chair
Jim MillerBoard Member
Mak SuceskaBoard Member
Pat BoddyBoard Member
Peg Armstrong GustafsonBoard Member
Teree Caldwell-johnsonBoard Member
Jennie SmithBoard Member-secretary/tre
Revenue and Support

Revenue Composition

Contributions and Grants
$459,872
Program Service Revenue
$61,343
Investment Income
$0
Other Revenue
$0
All Other Contributions
$452,736
Change in Net Assets
$99,185
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$253,138
Salaries, Compensation, and Employee Benefits$168,892
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$156,890--$156,890
Depreciation Depletion$69,113--$69,113
Fees for Services Other$42,109--$42,109
Payroll Taxes$12,002--$12,002
Insurance$10,487--$10,487
Conferences and Meetings$8,640--$8,640
Occupancy$8,351--$8,351
Other Expenses$8,115--$8,115
Office Expenses$7,635--$7,635
Fees for Services Accounting$5,457--$5,457
Travel$4,523--$4,523
All Other Expenses$290--$290
Advertising$120--$120
Total Functional Expenses$422,030$0$0$422,030
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
Annual disclosure for covered persons
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
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

Officers/board members will review the 990 prior to signing and filing.

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

Board members sign an annual statement agreeing to abide by the conflict of interest section within the organization's by-laws.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Dalla Terra Ranch Foundation
EIN
87-3294188
Phone
5078284681
Address
PO BOX 116, EARLHAM, IA 50072-0116
Doing Business As
In Harmony Farm

Signing Officer

Name
Sharon Krause
Title
President
Phone
5078284681
Signed
2024-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sharon Krause
Formed
2021
Legal Domicile
Ia
Voting Board Members
6
Independent Board Members
6
Employees
5
Volunteers
0

Preparer

Firm
Flynn Sweeney LLC
Address
PO BOX 12177, DES MOINES, IA 50312
Phone
5159744257
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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OFFICERS/BOARD MEMBERS WILL REVIEW THE 990 PRIOR TO SIGNING AND FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS SIGN AN ANNUAL STATEMENT AGREEING TO ABIDE BY THE CONFLICT OF INTEREST SECTION WITHIN THE ORGANIZATION'S BY-LAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC 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 C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
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IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0422030
IRS990/TotalProgramServiceRevenueAmt061343
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt061343
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0521215
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
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IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.INHARMONYFARM.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SHARON KRAUSE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05078284681
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DALLA TERRA RANCH FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0DALL
ReturnHeader/Filer/EIN0873294188
ReturnHeader/Filer/PhoneNum05078284681
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 116
ReturnHeader/Filer/USAddress/CityNm0EARLHAM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271707151
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FLYNN SWEENEY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 12177
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DES MOINES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050312
ReturnHeader/PreparerPersonGrp/PhoneNum05159744257
ReturnHeader/ReturnTs02024-05-14T11:48:50-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SHARON
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KRAUSE
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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