Civic Intelligence

Worthington Okabena Windsurfers Inc

990EZ • Fiscal year 2016 • EIN 01-0747599

Jan 01, 2016 to Dec 31, 2016 • Filed on May 22, 2017

1121 3rd AveWorthington, MN 56187

(507) 372-2919

Siviq Scores

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

Liabilities / Assets

70th percentile

0.06x

Higher debt load relative to assets than 70% of similar nonprofits.

2016 filings • 501(c)7 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

60th percentile

0.01x

Higher debt load relative to revenue than 60% of similar nonprofits.

2016 filings • 501(c)7 • <$500k nonprofits • Source year 2016

Net Margin

76th percentile

15%

Higher net margin than 76% of similar nonprofits.

2016 filings • 501(c)7 • <$500k nonprofits • Source year 2016

Top Officer Pay

92nd percentile

$0

Higher top officer pay than 92% of similar nonprofits.

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

2016 filings • 501(c)7 • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

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

Source year 2016

Revenue Growth

Score unavailable

No value available

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

Source year 2016

Assets

Up

$10,846

Up $1,401 (+15%) from 2011

Net Assets

Up

$10,246

Up $801 (+8.5%) from 2011

Liabilities

$600

No earlier filing loaded for comparison.

Revenue

Up

$69,059

Up $33,980 (+97%) from 2011

Expenses

Up

$58,954

Up $23,671 (+67%) from 2011

Net Income

Up

$10,105

Up $10,309 (+5053%) from 2011

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2010: $9,649Net Assets 2010: $9,6492010Assets 2011: $9,445Net Assets 2011: $9,4452011Assets 2016: $10,846Liabilities 2016: $600Net Assets 2016: $10,2462016Assets 2017: $22,063Liabilities 2017: $1,860Net Assets 2017: $20,2032017Assets 2018: $30,301Liabilities 2018: $0Net Assets 2018: $30,3012018Assets 2019: $11,756Liabilities 2019: $0Net Assets 2019: $11,7562019Assets 2020: $29,721Liabilities 2020: $0Net Assets 2020: $29,7212020Assets 2021: $27,305Liabilities 2021: $0Net Assets 2021: $27,3052021Assets 2022: $49,067Liabilities 2022: $0Net Assets 2022: $49,0672022Assets 2023: $54,178Liabilities 2023: $0Net Assets 2023: $54,1782023Assets 2024: $49,555Net Assets 2024: $49,5552024

Highlighted filing

2016

Assets$10,846
Liabilities$600
Net Assets$10,246

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2010: $35,571Expenses 2010: $40,491Net Income 2010: -$4,9202010Revenue 2011: $35,079Expenses 2011: $35,283Net Income 2011: -$2042011Revenue 2016: $69,059Expenses 2016: $58,954Net Income 2016: $10,1052016Revenue 2017: $83,326Expenses 2017: $73,369Net Income 2017: $9,9572017Revenue 2018: $93,571Expenses 2018: $83,473Net Income 2018: $10,0982018Revenue 2019: $93,027Expenses 2019: $111,572Net Income 2019: -$18,5452019Revenue 2020: $25,033Expenses 2020: $7,068Net Income 2020: $17,9652020Revenue 2021: $94,262Expenses 2021: $96,678Net Income 2021: -$2,4162021Revenue 2022: $138,904Expenses 2022: $117,142Net Income 2022: $21,7622022Revenue 2023: $126,695Expenses 2023: $121,584Net Income 2023: $5,1112023Revenue 2024: $127,307Expenses 2024: $131,930Net Income 2024: -$4,6232024

Highlighted filing

2016

Revenue$69,059
Expenses$58,954
Net Income$10,105
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 22, 2017
Return Version
2016v3.0
Gross Receipts
$69,059
Mission and Program Overview

Mission

The annual windsurfing regatta and unvarnished music festival hosted in worthington, mn during june includes main events each day. The events include the regatta, beginning windsurfing instruction, advanced clinics, surf activities, and many others. Five to six city blocks are set aside for access to lake okabena. The center of activity is located at sailboard beach and the sound stage that is set up in that area. Late afternoon and evening events include live music performances and jam sessions.

Program Services

DescriptionGrantsExpenses
WINDSURFING RACES/COMPETITIONS/LESSONS ARE HELD IN CONJUNCTION WITH AN UNVARNISHED MUSIC FESTIVAL IN WORTHINGTON, MINNESOTA. A FESTIVAL ATMOSPHERE ALLOWS THE GENERAL PUBLIC TO VIEW AND PARTICIPATE IN THE ACTIVITIES.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KEN MOSERPresident-$0--
JOSH MILLERDirector-$0--
JONI HARMSVice Preside-$0--
KEVIN DONOVANDirector-$0--
DAMIAN MCGRANEDirector-$0--
MARC GUSTAFSONDirector-$0--
AMY CARLBERGDirector-$0--
YOLI SALASTreasurer-$0--
MARK LUDESDirector-$0--
SCOTT KRAFTPast Preside-$0--
ADAM LINDSEYDirector-$0--
BARRY ROBERTSDirector-$0--
HECTOR AVILADirector-$0--
TINA KRAFTDirector-$0--
LISA MILBRANDTDirector-$0--
Filing and Contact Details

Filer

Filer Name
Worthington Okabena
EIN
01-0747599
Phone
5073722919
Address
1121 3RD AVE, WORTHINGTON, MN 56187

Signing Officer

Name
Josh Miller
Title
Director
Phone
5073722919
Signed
2017-05-22
Discuss with paid preparer
Yes

Preparer

Firm
Drealan Kvilhaug Hoefker & Co Pa
Address
909 FOURTH AVENUE SUITE A, WORTHINGTON, MN 56187-2326
Preparer
Ellen K Hoefker Mbacpa
Phone
5073764151
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 8,026 office 350 postage 260 website expense 288 insurance 3,392 fundraising 11,077 event expenses 2,872 music festival expenses 25,170 race/competition/regatta 4,295 participant meals 1,004 total 56,734

Form 990-ez, Part II, Line 26

DEFERRED REVENUE 0 600

Form 990-ez, Part III

The annual windsurfing regatta and unvarnished music festival hosted in worthington, mn during june includes main events each day. The events include the regatta, beginning windsurfing instruction, advanced clinics, surf activities, and many others. Five to six city blocks are set aside for access to lake okabena. The center of activity is located at sailboard beach and the sound stage that is set up in that area. Late afternoon and evening events include live music performances and jam sessions.

Form 990-ez, Part III, Line 28

Windsurfing races/competitions/lessons are held in conjunction with an unvarnished music festival in worthington, minnesota. A festival atmosphere allows the general public to view and participate in the activities.

Raw XML Appendix150 raw XML fields

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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IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3KEVIN DONOVAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DAMIAN MCGRANE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm14LISA MILBRANDT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt12DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt13DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt14DIRECTOR
IRS990EZ/OperateHospitalInd0false
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IRS990EZ/PrimaryExemptPurposeTxt0THE ANNUAL WINDSURFING REGATTA AND UNVARNISHED MUSIC FESTIVAL HOSTED IN WORTHINGTON, MN DURING JUNE INCLUDES MAIN EVENTS EACH DAY. THE EVENTS INCLUDE THE REGATTA, BEGINNING WINDSURFING INSTRUCTION, ADVANCED CLINICS, SURF ACTIVITIES, AND MANY OTHERS. FIVE TO SIX CITY BLOCKS ARE SET ASIDE FOR ACCESS TO LAKE OKABENA. THE CENTER OF ACTIVITY IS LOCATED AT SAILBOARD BEACH AND THE SOUND STAGE THAT IS SET UP IN THAT AREA. LATE AFTERNOON AND EVENING EVENTS INCLUDE LIVE MUSIC PERFORMANCES AND JAM SESSIONS.
IRS990EZ/ProgramServiceRevenueAmt068951
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0WINDSURFING RACES/COMPETITIONS/LESSONS ARE HELD IN CONJUNCTION WITH AN UNVARNISHED MUSIC FESTIVAL IN WORTHINGTON, MINNESOTA. A FESTIVAL ATMOSPHERE ALLOWS THE GENERAL PUBLIC TO VIEW AND PARTICIPATE IN THE ACTIVITIES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 8,026 OFFICE 350 POSTAGE 260 WEBSITE EXPENSE 288 INSURANCE 3,392 FUNDRAISING 11,077 EVENT EXPENSES 2,872 MUSIC FESTIVAL EXPENSES 25,170 RACE/COMPETITION/REGATTA 4,295 PARTICIPANT MEALS 1,004 TOTAL 56,734
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DEFERRED REVENUE 0 600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ANNUAL WINDSURFING REGATTA AND UNVARNISHED MUSIC FESTIVAL HOSTED IN WORTHINGTON, MN DURING JUNE INCLUDES MAIN EVENTS EACH DAY. THE EVENTS INCLUDE THE REGATTA, BEGINNING WINDSURFING INSTRUCTION, ADVANCED CLINICS, SURF ACTIVITIES, AND MANY OTHERS. FIVE TO SIX CITY BLOCKS ARE SET ASIDE FOR ACCESS TO LAKE OKABENA. THE CENTER OF ACTIVITY IS LOCATED AT SAILBOARD BEACH AND THE SOUND STAGE THAT IS SET UP IN THAT AREA. LATE AFTERNOON AND EVENING EVENTS INCLUDE LIVE MUSIC PERFORMANCES AND JAM SESSIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WINDSURFING RACES/COMPETITIONS/LESSONS ARE HELD IN CONJUNCTION WITH AN UNVARNISHED MUSIC FESTIVAL IN WORTHINGTON, MINNESOTA. A FESTIVAL ATMOSPHERE ALLOWS THE GENERAL PUBLIC TO VIEW AND PARTICIPATE IN THE ACTIVITIES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/PhoneNum05073722919
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WORTHINGTON OKABENA
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0WINDSURFERS INC
ReturnHeader/Filer/BusinessNameControlTxt0WORT
ReturnHeader/Filer/EIN0010747599
ReturnHeader/Filer/PhoneNum05073722919
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411735717
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DREALAN KVILHAUG HOEFKER & CO PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0909 FOURTH AVENUE SUITE A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WORTHINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0561872326
ReturnHeader/PreparerPersonGrp/PhoneNum05073764151
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ELLEN K HOEFKER MBACPA
ReturnHeader/ReturnTs02017-05-30T11:21:34-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)4 • <$500k nonprofits