Civic Intelligence

Forestview Townoffice Park Association

990EZ • Fiscal year 2020 • EIN 02-0645210

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 18, 2020

Organization ProfileN/A
7231 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

68th percentile

0.07x

Higher debt load relative to assets than 68% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

82nd percentile

0.24x

Higher debt load relative to revenue than 82% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Net Margin

58th percentile

7.7%

Higher net margin than 58% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

61st percentile

9.2%

Faster asset growth than 61% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

80th percentile

2.9%

Faster revenue growth than 80% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets68th percentile

Assets

Up

$265,036

Up $22,408 (+9.2%) from 2019

Net Assets

Up

$246,779

Up $5,736 (+2.4%) from 2019

Liabilities

Up

$18,257

Up $16,672 (+1052%) from 2019

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin58th percentile

Revenue

Up

$74,754

Up $2,137 (+2.9%) from 2019

Expenses

Up

$69,018

Up $25,395 (+58%) from 2019

Net Income

Down

$5,736

Down $23,258 (-80%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth61st percentile

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

2020

Assets$265,036
Liabilities$18,257
Net Assets$246,779
Open 2020 Filing

Operations Trend

Revenue Growth80th percentile

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

2020

Revenue$74,754
Expenses$69,018
Net Income$5,736
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 18, 2020
Return Version
2019v5.0
Gross Receipts
$74,754
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
Top Officer Pay70th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
TAYLOR RIPKABoard Member-$0--
LAWRENCE H ESPELANDBoard Member-$0--
ROYCE KYRIAKIDESPresident-$0--
PAUL BROMANBoard Member-$0--
DEREK MCCOYBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Forestview Townoffice Park Assoc
EIN
02-0645210
Phone
7632011040
Address
7231 FORESTVIEW LANE NORTH, MAPLE GROVE, MN 55369

Signing Officer

Name
Royce Kyriakides
Title
President
Phone
7632011040
Signed
2020-11-18
Discuss with paid preparer
Yes

Preparer

Firm
Espeland CPA 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 insurance 6,434 utilities 34,969 repairs 18,139 total 59,542”

Form 990-ez, Part II, Line 24

“Prepaid expenses and deferred charges 0 2,262 capital reserve fund 204,329 235,660 total 204,329 237,922”

Form 990-ez, Part II, Line 26

“Deferred revenue 0 15,713 customer deposits 1,585 2,544”

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 Appendix116 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ESPELAND CPA LTD
IRS990EZ/BooksInCareOfDetail/PhoneNum07632011040
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt07201 FORESTVIEW LANE NORTH
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MAPLE GROVE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055369
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt038299
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt027114
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt05736
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt09476
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0242628
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0265036
IRS990EZ/GrossReceiptsAmt074754
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt09324
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt065430
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0241043
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0246779
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0241043
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0246779
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0TAYLOR RIPKA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LAWRENCE H ESPELAND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ROYCE KYRIAKIDES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3PAUL BROMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DEREK MCCOY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0204329
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0237922
IRS990EZ/OtherExpensesTotalAmt059542
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/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01585
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt018257
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt069018
IRS990EZ/TotalRevenueAmt074754
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES INSURANCE 6,434 UTILITIES 34,969 REPAIRS 18,139 TOTAL 59,542
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PREPAID EXPENSES AND DEFERRED CHARGES 0 2,262 CAPITAL RESERVE FUND 204,329 235,660 TOTAL 204,329 237,922
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DEFERRED REVENUE 0 15,713 CUSTOMER DEPOSITS 1,585 2,544
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/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROYCE KYRIAKIDES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07632011040
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FORESTVIEW TOWNOFFICE PARK ASSOC
ReturnHeader/Filer/BusinessNameControlTxt0FORE
ReturnHeader/Filer/EIN0020645210
ReturnHeader/Filer/PhoneNum07632011040
ReturnHeader/Filer/USAddress/AddressLine1Txt07231 FORESTVIEW LANE NORTH
ReturnHeader/Filer/USAddress/CityNm0MAPLE GROVE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055369
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId06035F7EC1AEADC15E92AE5E6F545ED1F23892AA4
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06035F7EC1AEADC15E92AE5E6F545ED1F23892AA4
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0174.53.176.43
ReturnHeader/FilingSecurityInformation/IPDt02020-11-20
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm012:03:23
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411641772
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ESPELAND CPA LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07201 FORESTVIEW LANE NORTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MAPLE GROVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055369
ReturnHeader/PreparerPersonGrp/PhoneNum07632011040
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAWRENCE H ESPELAND CPA
ReturnHeader/ReturnTs02020-11-20T12:03:23-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$265,036
Liabilities
$18,257
Net assets
$246,779
Revenue
$74,754
Expenses
$69,018
Net income
$5,736
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
2020Detailed filing. Detailed filing data is available for this year.$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