2026-06-12T15:03:59-05:00 2025-12-31 410746749 CLIFTONLARSONALLEN LLP 600 3RD AVENUE SE SUITE 300 CEDAR RAPIDS IA 52401 990 2025-01-01 260467321 MATTHEW 25 MATT 3193622214 201 3RD AVE SW CEDAR RAPIDS IA 52404 COURTNEY BALL EXECUTIVE DIRECTOR 3193622214 2026-06-11 1 DAVID LITTLE P01480921 3193632697 2026-06-11 2025 2025-03-06 01:10:19Z COURTNEY BALL 201 3RD AVE SW CEDAR RAPIDS IA 52404 3907407 0 X WWW.MATTHEW-25.ORG X 2007 IA MATTHEW 25 IMPROVES THE HEALTH OF PEOPLE AND NEIGHBORHOODS BY INVESTING IN QUALITY AFFORDABLE HOUSING, HEALTHY FOOD, EDUCATIONAL OPPORTUNITIES, AND COMMUNITY BUILDING. 13 13 65 699 0 0 1588357 2135590 463250 514380 18859 1198561 0 0 2070466 3848531 43320 7247 0 0 1370602 1528133 0 0 149952 992029 1185916 2405951 2721296 -335485 1127235 5474687 6545344 1638314 1578054 3836373 4967290 VISION- MATTHEW 25 ENVISIONS THRIVING, CONNECTED COMMUNITIES WITH SHARING ECONOMIES, WHERE PEOPLE ARE VALUED, TALENTS ARE MULTIPLIED, AND NEIGHBORS LIVE HEALTHY, NOURISHED LIVES FULL OF OPPORTUNITY. 0 0 1181283 7247 CULTIVATE HOPE EXPANDS HEALTHY FOOD CULTURE FOR ALL THROUGH HANDS-ON GROWING, SHARING AND LEARNING ACTIVITIES. THE PROGRAM'S GOALS ARE TO GROW HEALTHY FOOD, RESOURCES AND COMMUNITY SPIRIT, AND TO LEARN ABOUT LOCAL FOODS, FOOD PRODUCTION AND HEALTHY BEHAVIORS. 731946 NEIGHBORHOOD BUILDING REVITALIZES COMMUNITIES BY ENCOURAGING NEIGHBORS TO DREAM OF POSSIBILITIES, ORGANIZING SUSTAINABLE REINVESTMENT AND SOUND PUBLIC POLICY IN TARGETED NEIGHBORHOODS AND PROVIDING A SHARED NETWORK OF TOOLS AND RESOURCES. 88788 0 COMMUNITY BUILDING CONNECTS NEIGHBORS AND COMMUNITY MEMBERS IN ORDER TO INCREASE SOCIAL COHESION, HAPPINESS AND PUBLIC SAFETY IN NEIGHBORHOODS. 2002017 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 11 0 65 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IL MI MN WI FL X COURTNEY BALL 3193622214 201 3RD AVE SW CEDAR RAPIDS IA 52404 ANDERSON RYAN PRESIDENT 3.00 X X 0 0 0 RYAN JAKE VICE PRESIDENT/TREASURER 1.00 X X 0 0 0 WESTPHAL ROBYNN SECRETARY 1.00 X X 0 0 0 ABRAM-BRYANT KIMBERLY DIRECTOR 1.00 X 0 0 0 BRENNEMAN JEAN DIRECTOR 1.00 X 0 0 0 HILL NANCY DIRECTOR 1.00 X 0 0 0 JANDIK CODY DIRECTOR 1.00 X 0 0 0 KUYKENDALL LAURA DIRECTOR 1.00 X 0 0 0 MCGOVERN OLIVIA DIRECTOR 1.00 X 0 0 0 MILLER JASON DIRECTOR 1.00 X 0 0 0 NORDBY GRANT DIRECTOR 1.00 X 0 0 0 RATHJE ROBERT DIRECTOR 1.00 X 0 0 0 SCHULTES JUSTIN DIRECTOR 1.00 X 0 0 0 BALL COURTNEY EXECUTIVE DIRECTOR 40.00 X 48911 0 1426 GRAHAM-TAYLOR EMMA DIRECTOR OF OPERATIONS (LEFT IN 2025) 40.00 X 35074 0 1229 TWEDT-BALL CLINT EXECUTIVE DIRECTOR (LEFT IN 2025) 3.00 X 60916 0 7552 LEE JULIANNA SR. DIRECTOR OF OPERATIONS 3.00 X 49113 0 6085 194014 0 16292 0 0 0 0 0 95000 520752 1519838 61266 2135590 PROGRAM SERVICE REVENUE 561700 514380 514380 514380 12166 12166 1245271 58876 1186395 1186395 1186395 3848531 514380 0 1198561 7247 7247 211115 172574 24088 14453 1196420 997830 112278 86312 5763 4041 619 1103 46847 36007 5691 5149 67988 51671 8838 7479 1399 1399 37751 37751 47163 21416 23144 2603 5431 2329 937 2165 276213 236368 21244 18601 146715 102375 44340 11316 10473 669 174 12286 6748 3171 2367 78918 59409 19509 333380 139578 193802 100952 64837 36115 MEMBERSHIP & DUES 44365 8305 29254 6806 EQUIPMENT RENT & MAINT 37664 31153 6372 139 52363 49656 106 2601 2721296 2002017 569327 149952 469565 413174 205915 768064 252246 229566 14002 26800 43888 58831 6922514 1980613 4416048 4941901 73023 107008 5474687 6545344 189827 181743 1448487 1396311 1638314 1578054 X 3593277 4818242 243096 149048 3836373 4967290 5474687 6545344 X 1127235 3682 X X 0 1 X 1 0 X 3418473 2389368 1778961 1650161 2135590 11372553 3418473 2389368 1778961 1650161 2135590 11372553 210447 11162106 5880 5237 19193 17359 12166 59835 45266 45266 11477654 2248679 0.97250 0.97080 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2021 AMOUNT: $ 45,266. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 179160 190765 369925 3143874 2015520 1538187 3621207 403012 224374 178638 500387 218052 282335 489796 489796 4941901 X 4230449 9223 8249 17472 4212977 -364446 -364446 3848531 3099532 9223 369013 378236 2721296 0 2721296 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND A SIMILAR SECTION OF THE IOWA INCOME TAX LAW, WHICH PROVIDES INCOME TAX EXEMPTION FOR CORPORATIONS ORGANIZED AND OPERATED EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, OR EDUCATIONAL PURPOSES. THE INTERNAL REVENUE SERVICE HAS NOT CLASSIFIED THE ORGANIZATION AS A PRIVATE FOUNDATION. THE ORGANIZATION FILES INFORMATION RETURNS IN THE U.S. FEDERAL JURISDICTION. THE ORGANIZATION FOLLOWS THE STANDARD FOR EVALUATING UNCERTAIN TAX POSITIONS AND HAS DETERMINED THAT IT WAS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN BENEFICIAL INTEREST IN ASSETS HELD BY COMMUNITY FOUNDATION 1,418. IMPUTED INTEREST 6,831. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -364,446. PART XII, LINE 2D - OTHER ADJUSTMENTS: DEPRECIATION ON CAPITALIZED DONATED SERVICES 4,567. COST OF GOODS SOLD 364,446. 1 HOME REPAIR AND MAINTENANCE ASSISTANCE TO HOME OWNERS DURING TRANSFORM WEEKS 39 7247 PART I, LINE 2: TRANSFORM IS A PROGRAM OF MATTHEW 25, WORKING TO REVITALIZE TARGET NEIGHBORHOODS. HOMEOWNERS WHO APPLY AND MEET THE PROGRAM GUIDELINES ARE ASSISTED WITH HOUSING REHABILITATION THROUGH A COMBINATION OF VOLUNTEER AND CONTRACTOR WORK. JONATHON BALL FAMILY RELATIONSHIP WITH AN OFFICER 25875 COMPENSATION AS EMPLOYEE OF THE ORGANIZATION 0 ANYSSA BALL FAMILY RELATIONSHIP WITH AN OFFICER 38606 COMPENSATION 0 X 1 20000 FAIR MARKET VALUE X SUPPLIES 10 41266 FMV 0 0 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTORS IS THE NUMBER OF EACH INDIVIDUAL CONTRIBUTION OF A CERTAIN TYPE. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF DIRECTORS MAY, BY A MAJORITY VOTE OF ITS MEMBERS, DESIGNATE AN EXECUTIVE COMMITTEE CONSISTING OF FOUR (4) DIRECTORS AND MAY DELEGATE TO SUCH COMMITTEES THE POWERS AND AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE CORPORATION, TO THE EXTENT PERMITTED, AND EXCEPT AS MAY OTHERWISE BE PROVIDED, BY PROVISIONS OF LAW. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. COPIES OF THE COMPLETED DRAFT FORM 990 (INCLUDING REQUIRED SCHEDULES) WILL BE DISTRIBUTED TO THE ADMINISTRATIVE/FINANCE COMMITTEE FOR REVIEW AND APPROVAL. ANY QUESTIONS OR CONCERNS WILL BE NOTED AND ADDRESSED, WITH ANY NECESSARY CHANGES BEING INCORPORATED IN THE FORM 990 AS APPROPRIATE. THE UPDATED DRAFT OF THE FORM 990 (INCLUDING REQUIRED SCHEDULES) WILL BE DISTRIBUTED TO EVERY VOTING MEMBER OF THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER, COMMITTEE MEMBER, AND EMPLOYEE SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS MATTHEW 25 IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. MATTHEW 25 ALSO CONDUCTS PERIODIC REVIEWS TO ENSURE COMPLIANCE. ANY CONFLICTS THAT EXIST WILL BE NOTED IN THE MINUTES. IF A CONFLICT DOES ARISE AND IT IS APPROPRIATE A COMMITTEE OF DISINTERESTED PERSONS MAY BE ESTABLISHED TO INVESTIGATE ALTERNATIVES. IF A MORE ADVANTAGEOUS TRANSACTION THAT DOES NOT CAUSE A CONFLICT OF INTEREST CAN BE LOCATED THROUGH REASONABLE EFFORTS IT WILL BE PURSUED AS A VIABLE OPTION. THE CONFLICTED PARTY WILL NOT VOTE ON THE CONFLICTED TRANSACTION AND WILL LEAVE THE MEETING DURING ANY DISCUSSION ON THE TOPIC. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION OF THE EXECUTIVE DIRECTOR SHALL BE PERIODICALLY REVIEWED BY THE EXECUTIVE COMMITTEE TO DETERMINE WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARM'S LENGTH BARGAINING. SALARY RECOMMENDATIONS ARE TAKEN TO THE BOARD FOR APPROVAL. THE REVIEW PROCESS WAS LAST COMPLETED IN 2025. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: DEPRECIATION ON CAPITALIZED DONATED SERVICES -4,567. CHANGE IN BENEFICIAL INTEREST IN ASSETS HELD BY COMMUNITY FOUNDATION 1,418. IMPUTED INTEREST 6,831. FORM 990, PART XII, LINE 2C: THERE WERE NO CHANGES TO THE PROCEDURES USED BY THE AUDIT OVERSIGHT COMMITTEE.