Forestview Townoffice Park Association

990EZ • Fiscal year 2013 • EIN 02-0645210

Jul 01, 2012 to Jun 30, 2013 • Filed on Jan 10, 2014

Organization Profile N/A

7225 Forestview Lane NorthMaple Grove, MN 55369

Siviq Scores

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

0.00x

Higher debt load relative to assets than 51% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

0.01x

Higher debt load relative to revenue than 55% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

31%

Higher net margin than 92% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

No value available

This filing does not contain officer compensation rows.

Source year 2013

20%

Faster asset growth than 75% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Annualized from 2012 to 2013

3.2%

Faster revenue growth than 54% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Annualized from 2012 to 2013

Balance Sheet

Liabilities / Assets51st percentile

Assets

$122,739

Up $20,219 (+20%) from 2012

Net Assets

$122,207

Up $19,806 (+19%) from 2012

Liabilities

$532

Up $413 (+347%) from 2012

Revenue And Expenses

Liabilities / Revenue55th percentile Net Margin92nd percentile

Revenue

$63,556

Up $1,971 (+3.2%) from 2012

Expenses

$43,750

Up $10,462 (+31%) from 2012

Net Income

Down

$19,806

Down $8,491 (-30%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth75th percentile

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

Highlighted filing

2013

Assets$122,739

Liabilities$532

Net Assets$122,207

Open 2013 Filing

Operations Trend

Revenue Growth54th percentile

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

Highlighted filing

2013

Revenue$63,556

Expenses$43,750

Net Income$19,806

Open 2013 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2012 to Jun 30, 2013
Signed: Jan 10, 2014
Return Version: 2012v2.3

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.

Filing and Contact Details

Filer

EIN: 02-0645210

Raw XML Appendix102 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/Compensation/PersonName	0	DR PETER SOMERS
CompensationExplanation/Compensation/PersonName	1	LAWRENCE H ESPELAND
IRS990EZ/ActivitiesNotPreviouslyRpt	0	false
IRS990EZ/CashSavingsAndInvestments/BOY	0	27813
IRS990EZ/CashSavingsAndInvestments/EOY	0	14633
IRS990EZ/DidOrgFileForm1120POLThisYear	0	false
IRS990EZ/DoesOrgHaveHospital	0	false
IRS990EZ/EngagePoliticalCmpgnActivities	0	false
IRS990EZ/ExcessOrDeficitForYear	0	19806
IRS990EZ/FeesAndOthPymtToIndContractors	0	5500
IRS990EZ/ForeignFinancialAccount	0	false
IRS990EZ/ForeignOffice	0	false
IRS990EZ/GainOrLossFromSaleOfAssets	0	1793
IRS990EZ/GrossAmountFromSaleOfAssets	0	1793
IRS990EZ/GrossReceipts	0	63556
IRS990EZ/InfoInScheduleOPartI	0	X
IRS990EZ/InfoInScheduleOPartII	0	X
IRS990EZ/InfoInScheduleOPartIII	0	X
IRS990EZ/InvestmentIncome	0	2051
IRS990EZ/MadeChangesToOrgnzngEtcDoc	0	false
IRS990EZ/MadeLoansToFromOfficers	0	false
IRS990EZ/MaintainAnyDonorAdvisedFunds	0	false
IRS990EZ/MembershipDues	0	59712
IRS990EZ/MethodOfAccountingAccrual	0	X
IRS990EZ/NetAssetsOrFundBalances/BOY	0	102401
IRS990EZ/NetAssetsOrFundBalancesBOY	0	102401
IRS990EZ/NetAssetsOrFundBalances/EOY	0	122207
IRS990EZ/NetAssetsOrFundBalancesEOY	0	122207
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	0	2.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	1	2.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	0	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	1	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	0	DR PETER SOMERS
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	1	LAWRENCE H ESPELAND
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	1	BOARD MEMBER
IRS990EZ/Organization501c	0	X
IRS990EZ/OrganizationDissolvedEtc	0	false
IRS990EZ/OrganizationHadUBI	0	false
IRS990EZ/OtherAssetsTotal/BOY	0	74707
IRS990EZ/OtherAssetsTotal/EOY	0	108106
IRS990EZ/OtherExpensesTotal	0	38250
IRS990EZ/PrimaryExemptPurpose	0	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.
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom	0	MAINTAINED EXTERIOR OF MEMBERS' OFFICE BUILDINGS, MAINTAINED COMMON AREA OF ASSOCIATION AND PROVIDED FOR SNOW REMOVAL AND LAWN CARE SERVICES.
IRS990EZ/ProhibitedTaxShelterTrans	0	false
IRS990EZ/RelatedOrgControlledEntity	0	false
IRS990EZ/ScheduleBNotRequired	0	X
IRS990EZ/SubjectToProxyTax	0	false
IRS990EZ/SumOfTotalLiabilities/BOY	0	119
IRS990EZ/SumOfTotalLiabilities/EOY	0	532
IRS990EZ/TanningServicesProvided	0	false
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine1	0	7201 FORESTVIEW LANE NORTH
IRS990EZ/TheBooksAreInCareOf/AddressUS/City	0	MAPLE GROVE
IRS990EZ/TheBooksAreInCareOf/AddressUS/State	0	MN
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode	0	55369
IRS990EZ/TheBooksAreInCareOf/NameBusiness/BusinessNameLine1	0	ESPELAND & ASSOCIATES CPAS LTD
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber	0	7632011040
IRS990EZ/TotalAssets/BOY	0	102520
IRS990EZ/TotalAssets/EOY	0	122739
IRS990EZ/TotalExpenses	0	43750
IRS990EZ/TotalRevenue	0	63556
IRS990EZ/TransactionWithControlEntity	0	false
IRS990EZ/WebSite	0	N/A
IRS990ScheduleO/GeneralExplanation/Explanation	0	EXPENSES BAD DEBT 9,529 INSURANCE 5,695 UTILITIES 23,026 TOTAL 38,250
IRS990ScheduleO/GeneralExplanation/Explanation	1	ACCOUNTS RECEIVABLE 9,619 0 CAPITAL RESERVE FUND 65,088 108,106 TOTAL 74,707 108,106
IRS990ScheduleO/GeneralExplanation/Explanation	2	ACCOUNTS PAYABLE AND ACCRUED EXPENSES 119 0 DEFERRED REVENUE 0 532
IRS990ScheduleO/GeneralExplanation/Explanation	3	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.
IRS990ScheduleO/GeneralExplanation/Identifier	0	OTHER EXPENSES
IRS990ScheduleO/GeneralExplanation/Identifier	1	OTHER ASSETS
IRS990ScheduleO/GeneralExplanation/Identifier	2	OTHER LIABILITIES
IRS990ScheduleO/GeneralExplanation/Identifier	3	PRIMARY EXEMPT PURPOSE
IRS990ScheduleO/GeneralExplanation/ReturnReference	0	FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/GeneralExplanation/ReturnReference	1	FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/GeneralExplanation/ReturnReference	2	FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/GeneralExplanation/ReturnReference	3	FORM 990-EZ, PART III
ReturnHeader/BuildTS	0	2015-11-30 17:44:51Z
ReturnHeader/Filer/EIN	0	020645210
ReturnHeader/Filer/Name/BusinessNameLine1	0	FORESTVIEW TOWNOFFICE PARK ASSOC
ReturnHeader/Filer/NameControl	0	FORE
ReturnHeader/Filer/Phone	0	7632011040
ReturnHeader/Filer/USAddress/AddressLine1	0	7225 FORESTVIEW LANE NORTH
ReturnHeader/Filer/USAddress/City	0	MAPLE GROVE
ReturnHeader/Filer/USAddress/State	0	MN
ReturnHeader/Filer/USAddress/ZIPCode	0	55369
ReturnHeader/Officer/AuthorizeThirdParty	0	true
ReturnHeader/Officer/DateSigned	0	2014-01-10
ReturnHeader/Officer/Name	0	DR PETER SOMERS
ReturnHeader/Officer/Phone	0	7632011040
ReturnHeader/Officer/Title	0	PRESIDENT
ReturnHeader/Preparer/DatePrepared	0	2014-01-10
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1	0	ESPELAND & ASSOCIATES CPAS LTD
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1	0	7201 FORESTVIEW LANE NORTH
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City	0	MAPLE GROVE
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State	0	MN
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode	0	55369
ReturnHeader/Preparer/Name	0	LAWRENCE H ESPELAND CPA
ReturnHeader/Preparer/Phone	0	7632011040
ReturnHeader/ReturnType	0	990EZ
ReturnHeader/TaxPeriodBeginDate	0	2012-07-01
ReturnHeader/TaxPeriodEndDate	0	2013-06-30
ReturnHeader/TaxYear	0	2012
ReturnHeader/Timestamp	0	2014-01-10T15:32:43-06:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing

Assets: $122,739
Liabilities: $532
Net assets: $122,207
Revenue: $63,556
Expenses: $43,750
Net income: $19,806

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net 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