Civic Intelligence

Brotherhood Financial Aid Inc

EIN 93-4341531 • 501(c)3 • Bloomfield, IA

Profile

To provide financial assistance to members of the old order amish community and donate to programs within the old order amish community.

19583 Harvest AveBloomfield, IA 52537
Siviq Scores

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

Liabilities / Assets

93rd percentile

0.99x

Higher debt load relative to assets than 93% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

18.23x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

70th percentile

16%

Higher net margin than 70% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

15th percentile

$0

Higher top officer pay than 15% of similar nonprofits.

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

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

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

Source year 2024

Revenue Growth

Score unavailable

No value available

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

Source year 2024

Balance Sheet
Liabilities / Assets93rd percentile

Assets

$21,729,984

No earlier filing loaded for comparison.

Liabilities

$21,540,237

No earlier filing loaded for comparison.

Net Assets

$189,747

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue98th percentileNet Margin70th percentile

Revenue

$1,181,361

No earlier filing loaded for comparison.

Expenses

$991,614

No earlier filing loaded for comparison.

Net Income

$189,747

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.

$30M$20M$10M$0Assets 2024: $21,729,984Liabilities 2024: $21,540,237Net Assets 2024: $189,7472024

Highlighted filing

2024

Assets$21,729,984
Liabilities$21,540,237
Net Assets$189,747
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.5M$1.0M$500K$0Revenue 2024: $1,181,361Expenses 2024: $991,614Net Income 2024: $189,7472024

Highlighted filing

2024

Revenue$1,181,361
Expenses$991,614
Net Income$189,747
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$21,729,984
Liabilities
$21,540,237
Net assets
$189,747
Revenue
$1,181,361
Expenses
$991,614
Net income
$189,747
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$21.7$21.5$0.19$1.18$0.99$0.19
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 16, 2025
Return Version
2024v5.0
Gross Receipts
$1,181,361
Mission and Program Overview

Mission

To provide financial assistance to members of the old order amish community and donate to programs within the old order amish community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net-$19,179,761-
Cash and Non-Interest-Bearing Accounts-$2,491,515-
Accounts Receivable-$58,708-
Total Assets$0$21,729,984▲ $21,729,984
Liabilities
Other Liabilities-$21,540,237-
Total Liabilities$0$21,540,237▲ $21,540,237
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$189,747-
Total Net Assets Fund Balance$0$189,747▲ $189,747
Total Liabilities and Net Assets / Fund Balance$0$21,729,984▲ $21,729,984
Compensation and Service Providers
Top Officer Pay15th percentile

Board Members and Trustees

NameTitle
Ervin SchrockDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$135,769
Program Service Revenue
$0
Investment Income
$1,045,592
Other Revenue
$0
All Other Contributions
$135,769
Change in Net Assets
$189,747
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$958,014
Salaries, Compensation, and Employee Benefits$33,600
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$945,392--$945,392
Other Salaries and Wages$33,600--$33,600
Office Expenses$5,977--$5,977
Travel$3,395--$3,395
Fees for Services Accounting$3,173--$3,173
Advertising$77--$77
Total Functional Expenses$991,614$0$0$991,614
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Investor Accounts$21,540,237
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, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Brotherhood Financial Aid Inc
EIN
93-4341531
Phone
6416641219
Address
19583 HARVEST AVE, BLOOMFIELD, IA 52537

Signing Officer

Name
Ervin Schrock
Title
Director
Phone
6416641219
Signed
2025-06-16

Organization Details

Principal Officer
Ervin Schrock
Formed
2024
Legal Domicile
Ia
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Davis & Lewis Plc
Address
PO BOX 369, OTTUMWA, IA 52501-0369
Preparer
Kyle R Merry
Phone
6416828117
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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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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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