Liabilities / Assets
47th percentile
Higher debt load relative to assets than 47% of similar nonprofits.
Forestview Townoffice Park Association
990EZ • Fiscal year 2021 • EIN 02-0645210
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
50th percentile
Higher debt load relative to revenue than 50% of similar nonprofits.
Net Margin
9th percentile
Higher net margin than 9% of similar nonprofits.
Top Officer Pay
72nd percentile
Higher top officer pay than 72% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
12th percentile
Faster asset growth than 12% of similar nonprofits.
Revenue Growth
62nd percentile
Faster revenue growth than 62% of similar nonprofits.
Balance Sheet
Assets
Down$205,223
Down $59,813 (-23%) from 2020
Net Assets
Down$204,701
Down $42,078 (-17%) from 2020
Liabilities
Down$522
Down $17,735 (-97%) from 2020
Revenue And Expenses
Revenue
Up$85,585
Up $10,831 (+14%) from 2020
Expenses
Up$127,663
Up $58,645 (+85%) from 2020
Net Income
Down-$42,078
Down $47,814 (-834%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2020 to Jun 30, 2021
- Signed
- Jan 14, 2022
- Return Version
- 2020v4.0
- Gross Receipts
- $85,585
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
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| TAYLOR RIPKA | Board Member | - | $0 | - | - |
| LAWRENCE H ESPELAND | Treasurer | - | $0 | - | - |
| ERIC AGRIMSON | Board Member | - | $0 | - | - |
| PAUL BROMAN | Board Member | - | $0 | - | - |
| DEREK MCCOY | President | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Forestview Townoffice Park Assoc
- EIN
- 02-0645210
- Phone
- 7632011040
- Address
- 7206 FORESTVIEW LANE NORTH, MAPLE GROVE, MN 55369
Signing Officer
- Name
- Derek Mccoy
- Title
- President
- Phone
- 7632011040
- Signed
- 2022-01-14
- Discuss with paid preparer
- Yes
Preparer
- Firm
- North Point Accounting & Tax Services
- 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 7,016 merchant card fees 196 office supplies 92 repairs 27,140 special assessments 35,870 storm damage-deductible 20,000 utilities 28,103 total 118,417”
Form 990-ez, Part II, Line 24
“Accounts receivable 0 6,196 prepaid expenses and deferred charges 2,262 0 capital reserve fund 235,660 178,778 total 237,922 184,974”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 0 522 deferred revenue 15,713 0 customer deposits 2,544 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 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 |
|---|---|---|
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 0 | TAYLOR RIPKA |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 1 | LAWRENCE H ESPELAND |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 2 | ERIC AGRIMSON |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 3 | PAUL BROMAN |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 4 | DEREK MCCOY |
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/AddressChangeInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | LAWRENCE H ESPELAND |
| 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 | 27114 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 20249 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -42078 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 9246 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 265036 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 205223 |
| IRS990EZ/GrossReceiptsAmt | 0 | 85585 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 19355 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 66230 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 246779 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 204701 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 246779 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 204701 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | TAYLOR RIPKA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | LAWRENCE H ESPELAND |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | ERIC AGRIMSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | PAUL BROMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | DEREK MCCOY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | PRESIDENT |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 237922 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 184974 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 118417 |
| 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/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 18257 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 522 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 127663 |
| IRS990EZ/TotalRevenueAmt | 0 | 85585 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES INSURANCE 7,016 MERCHANT CARD FEES 196 OFFICE SUPPLIES 92 REPAIRS 27,140 SPECIAL ASSESSMENTS 35,870 STORM DAMAGE-DEDUCTIBLE 20,000 UTILITIES 28,103 TOTAL 118,417 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS RECEIVABLE 0 6,196 PREPAID EXPENSES AND DEFERRED CHARGES 2,262 0 CAPITAL RESERVE FUND 235,660 178,778 TOTAL 237,922 184,974 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 522 DEFERRED REVENUE 15,713 0 CUSTOMER DEPOSITS 2,544 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 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/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 II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2022-05-20 13:21:51Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DEREK MCCOY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7632011040 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-01-14 |
| 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 | 7206 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 | NORTH POINT ACCOUNTING & TAX SERVICES |
| 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 | 2022-01-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | LAWRENCE H ESPELAND CPA |
| ReturnHeader/ReturnTs | 0 | 2022-01-21T14:32:55-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | DEREK |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | MCCOY |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-06-30 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $205,223
- Liabilities
- $522
- Net assets
- $204,701
- Revenue
- $85,585
- Expenses
- $127,663
- Net income
- -$42,078
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