Civic Intelligence

Forestview Townoffice Park Association

990EZ • Fiscal year 2014 • EIN 02-0645210

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 10, 2014

7225 Forestview Lane NorthMaple Grove, MN 55369

(763) 201-1040

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2014

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2014

Net Margin

93rd percentile

34%

Higher net margin than 93% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Top Officer Pay

68th percentile

$0

Higher top officer pay than 68% of similar nonprofits.

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

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Asset Growth

73rd percentile

17%

Faster asset growth than 73% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

39th percentile

-2.8%

Faster revenue growth than 39% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$143,263

Up $20,524 (+17%) from 2013

Net Assets

Up

$143,263

Up $21,056 (+17%) from 2013

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$61,801

Down $1,755 (-2.8%) from 2013

Expenses

Down

$40,745

Down $3,005 (-6.9%) from 2013

Net Income

Up

$21,056

Up $1,250 (+6.3%) from 2013

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $47,747Net Assets 2010: $47,7472010Assets 2011: $74,104Net Assets 2011: $74,1042011Assets 2012: $102,520Liabilities 2012: $119Net Assets 2012: $102,4012012Assets 2013: $122,739Liabilities 2013: $532Net Assets 2013: $122,2072013Assets 2014: $143,263Net Assets 2014: $143,2632014Assets 2015: $147,864Net Assets 2015: $147,8642015Assets 2016: $173,994Net Assets 2016: $173,9942016Assets 2017: $185,729Net Assets 2017: $185,7292017Assets 2019: $242,628Liabilities 2019: $1,585Net Assets 2019: $241,0432019Assets 2020: $265,036Liabilities 2020: $18,257Net Assets 2020: $246,7792020Assets 2021: $205,223Liabilities 2021: $522Net Assets 2021: $204,7012021Assets 2022: $281,749Net Assets 2022: $281,7492022Assets 2023: $299,623Liabilities 2023: $8,285Net Assets 2023: $291,3382023Assets 2024: $280,996Liabilities 2024: $4,300Net Assets 2024: $276,6962024Assets 2025: $317,896Liabilities 2025: $8,484Net Assets 2025: $309,4122025

Highlighted filing

2014

Assets$143,263
Liabilities-
Net Assets$143,263

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2010: $49,707Expenses 2010: $37,510Net Income 2010: $12,1972010Revenue 2011: $61,177Expenses 2011: $34,819Net Income 2011: $26,3582011Revenue 2012: $61,585Expenses 2012: $33,288Net Income 2012: $28,2972012Revenue 2013: $63,556Expenses 2013: $43,750Net Income 2013: $19,8062013Revenue 2014: $61,801Expenses 2014: $40,745Net Income 2014: $21,0562014Revenue 2015: $59,214Expenses 2015: $54,613Net Income 2015: $4,6012015Revenue 2016: $64,550Expenses 2016: $38,420Net Income 2016: $26,1302016Revenue 2017: $64,590Expenses 2017: $52,855Net Income 2017: $11,7352017Revenue 2019: $72,617Expenses 2019: $43,623Net Income 2019: $28,9942019Revenue 2020: $74,754Expenses 2020: $69,018Net Income 2020: $5,7362020Revenue 2021: $85,585Expenses 2021: $127,663Net Income 2021: -$42,0782021Revenue 2022: $128,212Expenses 2022: $51,164Net Income 2022: $77,0482022Revenue 2023: $87,967Expenses 2023: $60,393Net Income 2023: $27,5742023Revenue 2024: $90,263Expenses 2024: $111,950Net Income 2024: -$21,6872024Revenue 2025: $89,829Expenses 2025: $76,515Net Income 2025: $13,3142025

Highlighted filing

2014

Revenue$61,801
Expenses$40,745
Net Income$21,056
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 10, 2014
Return Version
2013v3.1
Gross Receipts
$61,801
Mission and Program Overview

Mission

The specific purpose of this corporation is to be the statutory legal entity for the association of members of the planned community named forestview townoffice park, located in hennepin county, minnesota.

Program Services

DescriptionGrantsExpenses
MAINTAINED EXTERIOR OF MEMBERS' OFFICE BUILDINGS, MAINTAINED COMMON AREA OF ASSOCIATION AND PROVIDED FOR SNOW REMOVAL AND LAWN CARE SERVICES.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DR PETER SOMERSPresident-$0--
LAWRENCE H ESPELANDBoard Member-$0--
ROYCE KYRIAKIDESBoard Member-$0--
Filing and Contact Details

Filer

EIN
02-0645210
Phone
7632011040

Signing Officer

Name
Dr Peter Somers
Title
President
Phone
7632011040
Signed
2014-11-10
Discuss with paid preparer
Yes

Preparer

Preparer
Lawrence H Espeland CPA
Phone
7632011040
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office 141 insurance 5,618 utilities 23,769 repairs 5,717 total 35,245

Form 990-ez, Part II, Line 24

Accounts receivable 0 2,282 capital reserve fund 108,106 129,305 total 108,106 131,587

Form 990-ez, Part II, Line 26

DEFERRED REVENUE 532 0

Form 990-ez, Part III

The specific purpose of this corporation is to be the statutory legal entity for the association of members of the planned community named forestview townoffice park, located in hennepin county, minnesota.

Raw XML Appendix104 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.

Path#Value
CompensationExplanation/CompensationExplanationGrp/PersonNm0DR PETER SOMERS
CompensationExplanation/CompensationExplanationGrp/PersonNm1LAWRENCE H ESPELAND
CompensationExplanation/CompensationExplanationGrp/PersonNm2ROYCE KYRIAKIDES
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine10ESPELAND & ASSOCIATES CPAS LTD
IRS990EZ/BooksInCareOfDetail/PhoneNum07632011040
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine107201 FORESTVIEW LANE NORTH
IRS990EZ/BooksInCareOfDetail/USAddress/City0MAPLE GROVE
IRS990EZ/BooksInCareOfDetail/USAddress/State0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode055369
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt014633
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt011676
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt021056
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt05500
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0122739
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0143263
IRS990EZ/GainOrLossFromSaleOfAssetsAmt0562
IRS990EZ/GrossReceiptsAmt061801
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt01438
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt059801
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0122207
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0143263
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0122207
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0143263
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DR PETER SOMERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LAWRENCE H ESPELAND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ROYCE KYRIAKIDES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0108106
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0131587
IRS990EZ/OtherExpensesTotalAmt035245
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE SPECIFIC PURPOSE OF THIS CORPORATION IS TO BE THE STATUTORY LEGAL ENTITY FOR THE ASSOCIATION OF MEMBERS OF THE PLANNED COMMUNITY NAMED FORESTVIEW TOWNOFFICE PARK, LOCATED IN HENNEPIN COUNTY, MINNESOTA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0MAINTAINED EXTERIOR OF MEMBERS' OFFICE BUILDINGS, MAINTAINED COMMON AREA OF ASSOCIATION AND PROVIDED FOR SNOW REMOVAL AND LAWN CARE SERVICES.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SaleOfAssetsGrossAmt0562
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0532
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt040745
IRS990EZ/TotalRevenueAmt061801
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE 141 INSURANCE 5,618 UTILITIES 23,769 REPAIRS 5,717 TOTAL 35,245
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 0 2,282 CAPITAL RESERVE FUND 108,106 129,305 TOTAL 108,106 131,587
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DEFERRED REVENUE 532 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SPECIFIC PURPOSE OF THIS CORPORATION IS TO BE THE STATUTORY LEGAL ENTITY FOR THE ASSOCIATION OF MEMBERS OF THE PLANNED COMMUNITY NAMED FORESTVIEW TOWNOFFICE PARK, LOCATED IN HENNEPIN COUNTY, MINNESOTA.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DR PETER SOMERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07632011040
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine10FORESTVIEW TOWNOFFICE PARK ASSOC
ReturnHeader/Filer/BusinessNameControlTxt0FORE
ReturnHeader/Filer/EIN0020645210
ReturnHeader/Filer/PhoneNum07632011040
ReturnHeader/Filer/USAddress/AddressLine107225 FORESTVIEW LANE NORTH
ReturnHeader/Filer/USAddress/City0MAPLE GROVE
ReturnHeader/Filer/USAddress/State0MN
ReturnHeader/Filer/USAddress/ZIPCode055369
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411641772
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10ESPELAND & ASSOCIATES CPAS LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine107201 FORESTVIEW LANE NORTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0MAPLE GROVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode055369
ReturnHeader/PreparerPersonGrp/PhoneNum07632011040
ReturnHeader/PreparerPersonGrp/PreparationDt02014-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAWRENCE H ESPELAND CPA
ReturnHeader/ReturnTs02014-11-11T11:47:29-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.18$0.08$3.09$0.90$0.77$0.13
2024Detailed filing. Detailed filing data is available for this year.$2.81$0.04$2.77$0.90$1.12$0.22
2023Detailed filing. Detailed filing data is available for this year.$3.00$0.08$2.91$0.88$0.60$0.28
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.82$2.82$1.28$0.51$0.77
2021Detailed filing. Detailed filing data is available for this year.$2.05$0.01$2.05$0.86$1.28$0.42
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.65$0.18$2.47$0.75$0.69$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.43$0.02$2.41$0.73$0.44$0.29
2017Detailed filing. Detailed filing data is available for this year.$1.86$1.86$0.65$0.53$0.12
2016Detailed filing. Detailed filing data is available for this year.$1.74$1.74$0.65$0.38$0.26
2015Detailed filing. Detailed filing data is available for this year.$1.48$1.48$0.59$0.55$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.43$1.43$0.62$0.41$0.21
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.01$1.22$0.64$0.44$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.03$0.00$1.02$0.62$0.33$0.28
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.74$0.61$0.35$0.26
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.48$0.50$0.38$0.12