Forestview Townoffice Park Association

990EZ • Fiscal year 2015 • EIN 02-0645210

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 15, 2016

Organization Profile N/A

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.

No value available

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

Source year 2015

No value available

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

Source year 2015

7.8%

Higher net margin than 63% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Higher top officer pay than 69% of similar nonprofits.

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

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

3.2%

Faster asset growth than 52% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

-4.2%

Faster revenue growth than 38% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet

Liabilities / AssetsScore unavailable

Assets

$147,864

Up $4,601 (+3.2%) from 2014

Net Assets

$147,864

Up $4,601 (+3.2%) from 2014

Liabilities

No earlier filing loaded for comparison.

Revenue And Expenses

Liabilities / RevenueScore unavailable Net Margin63rd percentile

Revenue

Down

$59,214

Down $2,587 (-4.2%) from 2014

Expenses

$54,613

Up $13,868 (+34%) from 2014

Net Income

Down

$4,601

Down $16,455 (-78%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth52nd percentile

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

Highlighted filing

2015

Assets$147,864

Liabilities-

Net Assets$147,864

Open 2015 Filing

Operations Trend

Revenue Growth38th percentile

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

Highlighted filing

2015

Revenue$59,214

Expenses$54,613

Net Income$4,601

Open 2015 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2014 to Jun 30, 2015
Signed: Jan 15, 2016
Return Version: 2014v6.0
Gross Receipts: $184,179

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

Description	Grants	Expenses
MAINTAINED EXTERIOR OF MEMBERS' OFFICE BUILDINGS, MAINTAINED COMMON AREA OF ASSOCIATION AND PROVIDED FOR SNOW REMOVAL AND LAWN CARE SERVICES.	-	-

Compensation and Service Providers

Top Officer Pay69th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
DR PETER SOMERS	President	-	$0	-	-
LAWRENCE H ESPELAND	Board Member	-	$0	-	-
ROYCE KYRIAKIDES	Board Member	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Forestview Townoffice Park Assoc
EIN: 02-0645210
Phone: 7632011040
Address: 7225 FORESTVIEW LANE NORTH, MAPLE GROVE, MN 55369

Signing Officer

Name: Dr Peter Somers
Title: President
Phone: 7632011040
Signed: 2016-01-15
Discuss with paid preparer: Yes

Preparer

Firm: Espeland & Associates Cpas Ltd
Address: 7201 FORESTVIEW LANE NORTH, MAPLE GROVE, MN 55369
Preparer: Lawrence H Espeland CPA
Phone: 7632011040

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses office 58 insurance 5,737 utilities 22,650 repairs 21,323 total 49,768”

Form 990-ez, Part II, Line 24

“Accounts receivable 2,282 5,928 capital reserve fund 129,305 121,015 total 131,587 126,943”

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 Appendix99 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
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt	0	ESPELAND & ASSOCIATES CPAS LTD
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	7632011040
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	7201 FORESTVIEW LANE NORTH
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	MAPLE GROVE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	55369
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	11676
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	20921
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/CostOrOtherBasisExpenseSaleAmt	0	124965
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	4601
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	4845
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	143263
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	147864
IRS990EZ/GainOrLossFromSaleOfAssetsAmt	0	-3450
IRS990EZ/GrossReceiptsAmt	0	184179
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InvestmentIncomeAmt	0	2652
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MembershipDuesAmt	0	60012
IRS990EZ/MethodOfAccountingAccrualInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	143263
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	147864
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	143263
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	147864
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	DR PETER SOMERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	LAWRENCE H ESPELAND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	ROYCE KYRIAKIDES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	BOARD MEMBER
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501cInd	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	131587
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	126943
IRS990EZ/OtherExpensesTotalAmt	0	49768
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	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/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	MAINTAINED EXTERIOR OF MEMBERS' OFFICE BUILDINGS, MAINTAINED COMMON AREA OF ASSOCIATION AND PROVIDED FOR SNOW REMOVAL AND LAWN CARE SERVICES.
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/SaleOfAssetsGrossAmt	0	121515
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	54613
IRS990EZ/TotalRevenueAmt	0	59214
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	EXPENSES OFFICE 58 INSURANCE 5,737 UTILITIES 22,650 REPAIRS 21,323 TOTAL 49,768
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	ACCOUNTS RECEIVABLE 2,282 5,928 CAPITAL RESERVE FUND 129,305 121,015 TOTAL 131,587 126,943
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	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/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART III
ReturnHeader/BuildTS	0	2016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	DR PETER SOMERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	7632011040
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2016-01-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	FORESTVIEW TOWNOFFICE PARK ASSOC
ReturnHeader/Filer/BusinessNameControlTxt	0	FORE
ReturnHeader/Filer/EIN	0	020645210
ReturnHeader/Filer/PhoneNum	0	7632011040
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	7225 FORESTVIEW LANE NORTH
ReturnHeader/Filer/USAddress/CityNm	0	MAPLE GROVE
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	MN
ReturnHeader/Filer/USAddress/ZIPCd	0	55369
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	411641772
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	ESPELAND & ASSOCIATES CPAS LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	7201 FORESTVIEW LANE NORTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	MAPLE GROVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	55369
ReturnHeader/PreparerPersonGrp/PhoneNum	0	7632011040
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2016-01-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	LAWRENCE H ESPELAND CPA
ReturnHeader/ReturnTs	0	2016-01-19T10:44:37-06:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2014-07-01
ReturnHeader/TaxPeriodEndDt	0	2015-06-30
ReturnHeader/TaxYr	0	2014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $147,864
Liabilities: -
Net assets: $147,864
Revenue: $59,214
Expenses: $54,613
Net income: $4,601

	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