Forestview Townoffice Park Association

990EZ • Fiscal year 2016 • EIN 02-0645210

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 14, 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 2016

No value available

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

Source year 2016

40%

Higher net margin than 95% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Higher top officer pay than 69% of similar nonprofits.

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

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

18%

Faster asset growth than 75% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

9.0%

Faster revenue growth than 67% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet

Liabilities / AssetsScore unavailable

Assets

$173,994

Up $26,130 (+18%) from 2015

Net Assets

$173,994

Up $26,130 (+18%) from 2015

Liabilities

No earlier filing loaded for comparison.

Revenue And Expenses

Liabilities / RevenueScore unavailable Net Margin95th percentile

Revenue

$64,550

Up $5,336 (+9.0%) from 2015

Expenses

Down

$38,420

Down $16,193 (-30%) from 2015

Net Income

$26,130

Up $21,529 (+468%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth75th percentile

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

Highlighted filing

2016

Assets$173,994

Liabilities-

Net Assets$173,994

Open 2016 Filing

Operations Trend

Revenue Growth67th percentile

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

Highlighted filing

2016

Revenue$64,550

Expenses$38,420

Net Income$26,130

Open 2016 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2015 to Jun 30, 2016
Signed: Nov 14, 2016
Return Version: 2015v2.1
Gross Receipts: $64,550

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: 2016-11-14
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 90 insurance 6,440 utilities 24,441 repairs 1,065 total 32,036”

Form 990-ez, Part II, Line 24

“Accounts receivable 5,928 9,649 capital reserve fund 121,015 124,318 total 126,943 133,967”

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 Appendix96 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	20921
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	40027
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	26130
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	6384
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	147864
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	173994
IRS990EZ/GrossReceiptsAmt	0	64550
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InvestmentIncomeAmt	0	4538
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MembershipDuesAmt	0	60012
IRS990EZ/MethodOfAccountingAccrualInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	147864
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	173994
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	147864
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	173994
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	126943
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	133967
IRS990EZ/OtherExpensesTotalAmt	0	32036
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/ScheduleBNotRequiredInd	0	X
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	38420
IRS990EZ/TotalRevenueAmt	0	64550
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	EXPENSES OFFICE 90 INSURANCE 6,440 UTILITIES 24,441 REPAIRS 1,065 TOTAL 32,036
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	ACCOUNTS RECEIVABLE 5,928 9,649 CAPITAL RESERVE FUND 121,015 124,318 TOTAL 126,943 133,967
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	2017-02-10 21:41:12Z
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	2016-11-14
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	2016-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	LAWRENCE H ESPELAND CPA
ReturnHeader/ReturnTs	0	2016-11-14T14:24:40-06:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2015-07-01
ReturnHeader/TaxPeriodEndDt	0	2016-06-30
ReturnHeader/TaxYr	0	2015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $173,994
Liabilities: -
Net assets: $173,994
Revenue: $64,550
Expenses: $38,420
Net income: $26,130

	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