Civic Intelligence

Worthington Okabena Windsurfers Inc

990EZ • Fiscal year 2017 • EIN 01-0747599

Jan 01, 2017 to Dec 31, 2017 • Filed on May 02, 2018

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

74th percentile

0.08x

Higher debt load relative to assets than 74% of similar nonprofits.

2017 filings • 501(c)7 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

66th percentile

0.02x

Higher debt load relative to revenue than 66% of similar nonprofits.

2017 filings • 501(c)7 • <$500k nonprofits • Source year 2017

Net Margin

72nd percentile

12%

Higher net margin than 72% of similar nonprofits.

2017 filings • 501(c)7 • <$500k nonprofits • Source year 2017

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

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

2017 filings • 501(c)7 • <$500k nonprofits • Source year 2017

Asset Growth

95th percentile

103%

Faster asset growth than 95% of similar nonprofits.

2017 filings • 501(c)7 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

82nd percentile

21%

Faster revenue growth than 82% of similar nonprofits.

2017 filings • 501(c)7 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$22,063

Up $11,217 (+103%) from 2016

Net Assets

Up

$20,203

Up $9,957 (+97%) from 2016

Liabilities

Up

$1,860

Up $1,260 (+210%) from 2016

Revenue

Up

$83,326

Up $14,267 (+21%) from 2016

Expenses

Up

$73,369

Up $14,415 (+24%) from 2016

Net Income

Down

$9,957

Down $148 (-1.5%) from 2016

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

2017

Assets$22,063
Liabilities$1,860
Net Assets$20,203

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

2017

Revenue$83,326
Expenses$73,369
Net Income$9,957
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 2, 2018
Return Version
2017v2.3
Gross Receipts
$83,326
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
JOSH MILLERPresident-$0--
JONI HARMSVice Preside-$0--
MARC GUSTAFSONSecretary-$0--
YOLI SALASTreasurer-$0--
SCOTT KRAFTDirector-$0--
ADAM LINDSEYDirector-$0--
BARRY ROBERTSDirector-$0--
HECTOR AVILADirector-$0--
TINA KRAFTDirector-$0--
LISA MILBRANDTDirector-$0--
AMY CARLBERGDirector-$0--
MATT KENNEDYDirector-$0--
TANYA WAGNERDirector-$0--
AMANDA WALLJASPER-TATEDirector-$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
President
Phone
5073722919
Signed
2018-05-02
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 9,818 office 878 postage 400 website expense 1,420 insurance 4,863 fundraising 13,363 event expenses 3,213 music festival expenses 30,953 race/competition/regatta 4,561 participant meals 1,107 annual meting 433 total 71,009

Form 990-ez, Part II, Line 26

Deferred revenue 600 1,860

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 Appendix153 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/CityNm0WORTHINGTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOSH MILLER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3YOLI SALAS
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm12TANYA WAGNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm13AMANDA WALLJASPER-TATE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt12DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt13DIRECTOR
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/ProgramServiceRevenueAmt083075
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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IRS990EZ/WebsiteAddressTxt0WWW.WORTHINGTONWINDSURFING.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 9,818 OFFICE 878 POSTAGE 400 WEBSITE EXPENSE 1,420 INSURANCE 4,863 FUNDRAISING 13,363 EVENT EXPENSES 3,213 MUSIC FESTIVAL EXPENSES 30,953 RACE/COMPETITION/REGATTA 4,561 PARTICIPANT MEALS 1,107 ANNUAL METING 433 TOTAL 71,009
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DEFERRED REVENUE 600 1,860
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/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSH MILLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05073722919
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WORTHINGTON OKABENA
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0WINDSURFERS INC
ReturnHeader/Filer/BusinessNameControlTxt0WORT
ReturnHeader/Filer/EIN0010747599
ReturnHeader/Filer/PhoneNum05073722919
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ReturnHeader/FilingSecurityInformation/IPDt02018-05-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm011:28:56
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/PreparationDt02018-05-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ELLEN K HOEFKER MBACPA
ReturnHeader/ReturnTs02018-05-15T11:28:56-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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Filings