2024-12-09T11:55:15-05:00 2023-12-31 822148135 FORT & SCHLEGEL CPA PC PO BOX 420 EMMETSBURG IA 505361509 990EZ 2023-01-01 463936315 FIVE ISLAND TRAIL CORPORATION FIVE 7128523433 2216 MAIN STREET EMMETSBURG IA 50536 STEVE HOYMAN PRESIDENT 2024-12-09 true true EDWIN J BURDORF P00109541 7128524464 2024-12-09 2023 2024-10-15 13:58:12Z X X N/A X X 156995 X 156995 156995 144924 440 145364 11631 115795 -9310 118116 115795 118116 115795 118116 115795 118116 X TO PROVIDE AND CONSTRUCT A TRAIL AROUND THE FIVE ISLAND LAKE AREA IN EMMETSBURG, IOWA. CONSTRUCTION OF BIKE AND WALKING TRAIL 143884 CONSTRUCTING THE TRAIL AROUND THE FIVE ISLAND LAKE. 1010 144894 STEVE HOYMAN PRESIDENT 000.00 0 DIANE WEILAND TREASURER 000.00 0 JEFF STILLMAN DIRECTOR 000.00 0 BRUCE NELSON DIRECTOR 000.00 0 KATHY MEHAN DIRECTOR 000.00 0 JANE HOYMAN SECRETARY 000.00 0 SUE YOUNG DIRECTOR 000.00 0 false false false false false false false false false IA DIANE WEILAND 46630 COUNTRY LANE EMMETSBURG IA 50536 6417457322 false false false false false false false false false false false NONE NONE true X 114621 79408 29422 82566 156995 463012 114621 79408 29422 82566 156995 463012 463012 114621 79408 29422 82566 156995 463012 1.00000 1.00000 0.00000 0.00000 X FORM 990-EZ, PART I, LINE 16 EXPENSES ADVERTISING 196 OFFICE EXPENSE 244 TOTAL 440 FORM 990-EZ, PART I, LINE 20 PRIOR YEARS ADJUSTMENT -9,310 THERE WAS 840 MORE INCOME THAT DID NOT GET ENTERED ON THE BOOKS AND AN EXPESE OF 149 THAT WAS NOT RECORDED ON THE BOOKS. OR A NET INCREASED ADJUSTMENT TO THE BANK ACCOUNT OF 690.00. THE ORGANIZATION GIFTED 10,000 TO A COMMUNITY FOUNDATION THAT WAS NOT RECORDED AS A DONATION, BUT WAS RECORDED AS AN INVESTMENT. UNDER THE AGENCY AGREEMENT ALL ASSETS DONATED TO THE COMMUNITY FOUNDATIONS ARE UNDER THE OWNERSHIP OF THE COMMUNITY FOUNDATION. THE FOUNDATION IS RESPONSIBLE FOR ACCOUNTING FOR THE ASSETS ON ITS 990. THEREFORE THE INVESTMENT OF 10,000 WAS REMOVED FROM INVESTMENTS. FORM 990-EZ, PART III TO PROVIDE AND CONSTRUCT A TRAIL AROUND THE FIVE ISLAND LAKE AREA IN EMMETSBURG, IOWA. FORM 990-EZ, PART III, LINE 31 CONSTRUCTING THE TRAIL AROUND THE FIVE ISLAND LAKE.