Decatur County Development Corporation

Leon, IA · Public charity (501(c)(3)) · Since 2004 · Community Development

✓ Tax-deductible Latest data FY2025
Revenue
$153K
▲ +41% vs prior year
Spent
$151K
To programs
88%
Net assets
$313K
By yearFY2020–FY2025
Revenue
$153K
FY2025▲ +41%
Revenue by fiscal year
FY2020$123K
FY2021$163K
FY2022$101K
FY2023$89K
FY2024$109K
FY2025$153K
Expenses
$151K
FY2025▲ +65%
Expenses by fiscal year
FY2020$102K
FY2021$94K
FY2022$67K
FY2023$110K
FY2024$92K
FY2025$151K
Net assets
$313K
FY2025▲ +0.6%
Net assets by fiscal year
FY2020$208K
FY2021$278K
FY2022$310K
FY2023$278K
FY2024$311K
FY2025$313K

Form 990 for the fiscal year ending December 2025 (IRS tax year 2025).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Foundation funders?
1 funder — Lamoni Development Corporation
$8K in the latest grant year.
Spent on programs?
88% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
↑ +41% vs prior year
Legal name (IRS)Hdr · item CDecatur County Development Corporation
EINHdr · item D73-1665057
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFApr 2004
Year of formationHdr · item L2004
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CLeon, IA
NTEE classificationIRS BMFCommunity Development (S20)
WebsiteHdr · item Jwww.dcdciowa.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.12
Program services88%$133K
Management & general12%$19K
Total functional expensesLn 25$151K

Financial health

Program efficiency
88%
of spending reaches programs▲ +31% vs prior filing year
Operating runway
15.8mo
months of highly liquid reserves at operating expense rate▼ -44% vs prior filing year
Surplus margin
+1%
revenue over expenses, this year▼ -93% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$347K
FY2025▼ -0.8%
Total assets by fiscal year
FY2020$455K
FY2021$534K
FY2022$384K
FY2023$338K
FY2024$350K
FY2025$347K
Total liabilities
$34K
FY2025▼ -12%
Total liabilities by fiscal year
FY2020$247K
FY2021$256K
FY2022$74K
FY2023$60K
FY2024$39K
FY2025$34K
Revenue less expensesPt I · Ln 19$2K
Total assetsPt X · Ln 16$347K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 323
Independent voting membersPt I · Ln 423

Balance Sheet

Part X · end of year
CashLn 1$182K
Total assetsLn 16$347K
Total liabilitiesLn 26$34K
Total net assetsLn 32$313K
Months of cash on handcomputed14.5

Statement of Revenue

Part VIII
Contributions & grants$126K · 82%
Other revenue$20K · 13%
Investment income$5K · 3%
Program service revenue$2K · 1%
Contributions & grants82%$126K
Other revenue13%$20K
Investment income3%$5K
Program service revenue1%$2K
— government grantsLn 1e$27K
Total revenueLn 12$153K

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $200K · Operating expenses/yr $151K
15.8 months
Where the money goes
Program services
Program services $133K · Total expenses $151K
88%
Management & General
Management & general $19K · Total expenses $151K
12%
Fundraising
Fundraising $0 · Total expenses $151K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $3K · Solicited contributions (3-yr avg) $71K
$0.04 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $126K · Total revenue $153K
82%
Government reliance
Government grants $27K · Total revenue $153K
17%
Earned-income share
Program service revenue $2K · Total revenue $153K
1%
Investment reliance
Investment income $5K · Total revenue $153K
+3%
Program self-sufficiency
Program service revenue $2K · Total expenses $151K
1%
Growth & trend
Revenue growth (YoY)
This year $153K · Prior year $109K
+41%
Revenue CAGR
FY2020 $123K · FY2025 $153K
+5%
Net-asset trend (YoY)
End of year $313K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $153K · Expenses $151K
+1%
Liabilities-to-Assets
Total liabilities — · Total assets $347K
—
Net-asset ratio
Net assets $313K · Total assets $347K
90%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $17K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $347K
5%
People & payroll
Highest Reported Total Compensation
Individual Cierra Fountain · Reported title Executive Director · Highest reported compensation $54K · Total expenses $151K
35%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $61K · Total expenses $151K
40%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 88%——
Overhead ratio 12%——
Revenue growth 41%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$53,600Pt VII · Sec A
Controller
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Executive Committee At-Large 1
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Cierra Fountain’s $54K as Executive Director is at the 32nd percentile of top reported officer pay among 1709 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2022FY2021FY2020
Cierra Fountain$53,600$45,824$20,600——
Emily Munter——$11,878$38,700$16,125
Shannon Erb————$22,280

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a23
Independent voting membersPt VI · Ln 1b23
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Mission and programs

Promotes economic growth through business support and job creation initiatives.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service account for $133K of program spending, described in the organization's own filed words · FY2025.
01

Attended business development sessions gathering leads toward new businesses for the community. Worked with potential businesses to obtain business plans, financing, property and/or business assets. Financing includes Revolving Loan Funds provided by the company.

$133Kprogram expense

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Funders

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$8K
Grants paid · 15 grants · $182K · 2020–2025
Decatur County HospitalIA · FY2025$10,003
Roccs Youth Pod of Dekko FoundatiFY2025$9,650
Leons New Horizons INCIA · FY2025$3,750
City of LamoniFY2025$1,828
Leons New Horizons INCIA · FY2024$6,250
City of LeonFY2024$5,000
Leons New Horizons INCIA · FY2023$10,000
Leons New Horizons INCIA · FY2022$10,000
Lamoni Fair and Horse ShowFY2021$17,337
Leons New Horizons INC - Meal SiteFY2021$12,500
Decatur County Fair BoardFY2020$23,802
Lamoni Fair and Horse ShowFY2020$12,341
Savana Hills Learning CenterFY2020$5,000

Filing history

YearRevenueExpensesChangeFiling
FY2025 Latest Viewing $153K$151K+41% 990 PDF
FY2024 $109K$92K+23% 990 PDF
FY2023 $89K$110K-12% 990 PDF
FY2022 $101K$67K-38% 990 PDF
FY2021 $163K$94K+33% 990 PDF
FY2020 $123K$102K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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