Civic Intelligence

John T Petters Foundation

990 • Fiscal year 2012 • EIN 20-0881450

Jan 01, 2012 to Dec 31, 2012 • Filed on Oct 28, 2013

CO Jasper Reid 2400 W County Rd D55112
Siviq Scores

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

Liabilities / Assets

23rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2012 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

1st percentile

-69%

Faster asset growth than 1% of similar nonprofits.

2012 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$610,906

Down $1,361,184 (-69%) from 2011

Net Assets

Down

$610,906

Down $98,662 (-14%) from 2011

Liabilities

Down

$0

Down $1,262,522 (-100%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$187,705

Down $88,288 (-32%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $2,217,201Liabilities 2010: $25,445Net Assets 2010: $2,191,7562010Assets 2011: $1,972,090Liabilities 2011: $1,262,522Net Assets 2011: $709,5682011Assets 2012: $610,906Liabilities 2012: $0Net Assets 2012: $610,9062012Assets 2013: $0Liabilities 2013: $0Net Assets 2013: $02013

Highlighted filing

2012

Assets$610,906
Liabilities$0
Net Assets$610,906

Operations Trend

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

$1.0M$500K$0-$500K-$1.0MExpenses 2010: $279,0932010Expenses 2011: $275,9932011Expenses 2012: $187,7052012Revenue 2013: $0Expenses 2013: $610,906Net Income 2013: -$610,9062013

Highlighted filing

2012

Revenue-
Expenses$187,705
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Oct 28, 2013
Return Version
2012v2.1
Gross Receipts
$89,043
Mission and Program Overview

Mission

In honor of john t. Petters, we develop global competence in talented students.see sched 0, line 07 for detailed description.

Filing and Contact Details

Filer

EIN
20-0881450
Raw XML Appendix321 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
IRS990/AccountantCompileOrReview0false
IRS990/AccountsPayableAccruedExpenses/BOY022
IRS990/ActivitiesConductedPartnership0false
IRS990/ActivityOrMissionDescription0IN HONOR OF JOHN T. PETTERS, WE DEVELOP GLOBAL COMPETENCE IN TALENTED STUDENTS. SEE SCHED 0, LINE 07 FOR DETAILED DESCRIPTION.
IRS990/AllOtherExpenses/ManagementAndGeneral03017
IRS990/AllOtherExpenses/ProgramServices015841
IRS990/AllOtherExpenses/Total018858
IRS990/BenefitsPaidToMembersCY00
IRS990/BsnssRltnshpThruFamilyMember0false
IRS990/BsnssRltnshpWithOrganization0false
IRS990/CashNonInterestBearing/BOY05763
IRS990/CashNonInterestBearing/EOY0610906
IRS990/ChangesToOrganizingDocs0false
IRS990/CollectionsOfArt0false
IRS990/CompCurrentOfficersDirectors/ManagementAndGeneral020365
IRS990/CompCurrentOfficersDirectors/ProgramServices0106916
IRS990/CompCurrentOfficersDirectors/Total0127281
IRS990/CompensationFromOtherSources0false
IRS990/CompensationProcessCEO0false
IRS990/CompensationProcessOther0false
IRS990/ComplianceWithBackupWitholding0true
IRS990/ConflictOfInterestPolicy0false
IRS990/ConservationEasements0false
IRS990/ConsolidatedAuditFinancialStmt0false
IRS990/ContributionsGrantsCurrentYear00
IRS990/CreditCounseling0false
IRS990/DecisionsSubjectToApproval0false
IRS990/DeductibleContributionsOfArt0false
IRS990/DeductibleNonCashContributions0false
IRS990/DelegationOfManagementDuties0false
IRS990/DescribedIn501C30true
IRS990/Description0PROVIDED FUNDING FOR SCHOLARSHIP PROGRAMS THAT SUPPORT DESERVING STUDENTS WHO ARE ATTENDING ACCREDITED POSTSECONDARY INSTITUTIONS OF THEIR CHOICE.
IRS990/DisregardedEntity0false
IRS990/DocumentRetentionPolicy0false
IRS990/DonorAdvisedFunds0false
IRS990/DoNotFollowSFAS1170X
IRS990/ElectionOfBoardMembers0false
IRS990/EmploymentTaxReturnsFiled0true
IRS990/ExcessBenefitTransaction0false
IRS990/Expense0157670
IRS990/FamilyOrBusinessRelationship0true
IRS990/FederalGrantAuditRequired0false
IRS990/FeesForServicesOther/ManagementAndGeneral03859
IRS990/FeesForServicesOther/ProgramServices020262
IRS990/FeesForServicesOther/Total024121
IRS990/ForeignActivities0false
IRS990/ForeignFinancialAccount0false
IRS990/ForeignOffice0false
IRS990/Form1098CFiled0false
IRS990/Form8282PropertyDisposedOf0false
IRS990/Form8899Filed0false
IRS990/Form990PartVIISectionA/AverageHoursPerWeek02.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek12.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek22.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek32.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek440.00
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector0X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector1X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector2X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector3X
IRS990/Form990PartVIISectionA/NamePerson0JAMIE HAGAN
IRS990/Form990PartVIISectionA/NamePerson1JENNIFER VON RUDEN
IRS990/Form990PartVIISectionA/NamePerson2JOHN HAGAN
IRS990/Form990PartVIISectionA/NamePerson3PATTY HAMM
IRS990/Form990PartVIISectionA/NamePerson4ROBERT D LAWSON
IRS990/Form990PartVIISectionA/Officer0X
IRS990/Form990PartVIISectionA/Officer1X
IRS990/Form990PartVIISectionA/Officer2X
IRS990/Form990PartVIISectionA/Officer3X
IRS990/Form990PartVIISectionA/OtherCompensation00
IRS990/Form990PartVIISectionA/OtherCompensation10
IRS990/Form990PartVIISectionA/OtherCompensation20
IRS990/Form990PartVIISectionA/OtherCompensation30
IRS990/Form990PartVIISectionA/OtherCompensation40
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization00
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization10
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization20
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization30
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization4127281
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs00
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs10
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs20
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs30
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs40
IRS990/Form990PartVIISectionA/Title0BOARD MEMBER
IRS990/Form990PartVIISectionA/Title1CHAIR
IRS990/Form990PartVIISectionA/Title2TREASURER
IRS990/Form990PartVIISectionA/Title3SECRETARY
IRS990/Form990PartVIISectionA/Title4EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGoverningBody0true
IRS990/FormersListed0false
IRS990/FSAudited0false
IRS990/FundraisingActivities0false
IRS990/FundsToPayPremiums0false
IRS990/Gaming0false
IRS990/GrantsAndSimilarAmntsCY00
IRS990/GrantsAndSimilarAmntsPriorYear040000
IRS990/GrantsToIndividuals0false
IRS990/GrantsToOrganizations0false
IRS990/GrantToRelatedPerson0false
IRS990/GrossReceipts089043
IRS990/GroupReturnForAffiliates0false
IRS990/Hospital0false
IRS990/IndependentAuditFinancialStmt0false
IRS990/IndoorTanningServices0false
IRS990/InfoInScheduleOPartIX0X
IRS990/InfoInScheduleOPartVI0X
IRS990/Insurance/ManagementAndGeneral0516
IRS990/Insurance/ProgramServices02701
IRS990/Insurance/Total03217
IRS990/InvestmentIncomeCurrentYear089043
IRS990/InvestmentIncome/ExclusionAmount089043
IRS990/InvestmentIncomePriorYear030860
IRS990/InvestmentIncome/TotalRevenueColumn089043
IRS990/InvestmentInJointVenture0false
IRS990/InvestmentsPubTradedSecurities/BOY01444639
IRS990/LandBldgEquipmentAccumDeprec025847
IRS990/LandBuildingsEquipmentBasis025847
IRS990/LoanToOfficerOrDQP0false
IRS990/LobbyingActivities0false
IRS990/LocalChapters0false
IRS990/MaterialDiversionOrMisuse0false
IRS990/MembersOrStockholders0false
IRS990/MethodOfAccountingAccrual0X
IRS990/MinutesOfCommittees0true
IRS990/MinutesOfGoverningBody0true
IRS990/MissionDescription0IN HONOR OF JOHN T. PETTERS, WE DEVELOP GLOBAL COMPETENCE IN TALENTED STUDENTS. SEE SCHED 0, LINE 07 FOR DETAILED DESCRIPTION.
IRS990/MoreThan5000KToIndividuals0false
IRS990/MoreThan5000KToOrganizations0false
IRS990/NameOfPrincipalOfficerPerson0ROBERT D LAWSON
IRS990/NbrIndependentVotingMembers00
IRS990/NbrVotingGoverningBodyMembers04
IRS990/NbrVotingMembersGoverningBody04
IRS990/NetAssetsOrFundBalancesBOY0709568
IRS990/NetAssetsOrFundBalancesEOY0610906
IRS990/NetUnrelatedBusinessTxblIncome00
IRS990/NonDeductibleContributions0false
IRS990/NumberFormsTransmittedWith109607
IRS990/NumberIndependentVotingMembers00
IRS990/NumberIndividualsGT100K01
IRS990/NumberOfEmployees01
IRS990/NumberW2GIncluded00
IRS990/OfficeExpenses/ManagementAndGeneral010
IRS990/OfficeExpenses/ProgramServices053
IRS990/OfficeExpenses/Total063
IRS990/OfficerEntityWithBsnssRltnshp0false
IRS990/OfficerMailingAddress0false
IRS990/Organization501c30X
IRS990/OtherExpensePriorYear0127583
IRS990/OtherExpensesCurrentYear047702
IRS990/OtherExpenses/Description0BANK FEES
IRS990/OtherExpenses/Description1INTERNET
IRS990/OtherExpenses/ManagementAndGeneral021
IRS990/OtherExpenses/ManagementAndGeneral1115
IRS990/OtherExpenses/ProgramServices0112
IRS990/OtherExpenses/ProgramServices1604
IRS990/OtherExpenses/Total0133
IRS990/OtherExpenses/Total1719
IRS990/OtherLiabilities/BOY01262500
IRS990/OtherRevenueCurrentYear00
IRS990/PartialLiquidation0false
IRS990/PayrollTaxes/ManagementAndGeneral01426
IRS990/PayrollTaxes/ProgramServices07478
IRS990/PayrollTaxes/Total08904
IRS990/PensionPlanContributions/ManagementAndGeneral0611
IRS990/PensionPlanContributions/ProgramServices03207
IRS990/PensionPlanContributions/Total03818
IRS990/PoliticalActivities0false
IRS990/PremiumsPaid0false
IRS990/PriorExcessBenefitTransaction0false
IRS990/ProfessionalFundraising0false
IRS990/ProgramServiceRevenueCY00
IRS990/ProhibitedTaxShelterTrans0false
IRS990/QuidProQuoContributions0false
IRS990/ReconcilationOtherChanges00
IRS990/ReconcilationRevenueExpenses0-98662
IRS990/RelatedEntity0false
IRS990/RelatedOrgControlledEntity0false
IRS990/ReportFin48Footnote0false
IRS990/ReportInvestOthSecurities0false
IRS990/ReportLandBldgEquip0true
IRS990/ReportOtherAssets0false
IRS990/ReportOtherLiabilities0false
IRS990/ReportProgRelInvest0false
IRS990/RetainedEarningsEndowmentEtc/BOY0709568
IRS990/RetainedEarningsEndowmentEtc/EOY0610906
IRS990/RevenuesLessExpensesCY0-98662
IRS990/RevenuesLessExpensesPriorYear0-245133
IRS990/SalariesEtcCurrentYear0140003
IRS990/SalariesEtcPriorYear0108410
IRS990/SavingsAndTempCashInvestments/BOY0521688
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus4Years0988008
IRS990ScheduleA/GiftsGrantsContribReceived170/Total0988008
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYear0156
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus1Year030860
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus2Years027027
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus3Years027323
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus4Years038811
IRS990ScheduleA/GrossInvestmentIncome170/Total0124177
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus4Years0211605
IRS990ScheduleA/OtherIncome170/Total0211605
IRS990ScheduleA/PubliclySupportedOrg170b1Avi0X
IRS990ScheduleA/PublicSupportPertcentage17000.74630
IRS990ScheduleA/PublicSupportPertcentPriorYear00.77030
IRS990ScheduleA/PublicSupportTotal1700988008
IRS990ScheduleA/ThirtyThreePercntTestsCY1700X
IRS990ScheduleA/Total170/CurrentTaxYearMinus4Years0988008
IRS990ScheduleA/Total170/Total0988008
IRS990ScheduleA/TotalSupport01323790
IRS990/ScheduleBRequired0false
IRS990ScheduleD/Equipment/Depreciation025847
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis025847
IRS990/ScheduleJRequired0false
IRS990ScheduleO/GeneralExplanation/Explanation0JENNIFER VON RUDEN IS THE DAUGHTER OF JAMIE HAGAN AND THE GRANDDAUGHTER OF JOHN HAGAN. JOHN HAGAN IS THE GRANDFATHER OF JENNIFER VON RUDEN AND THE FATHER OF JAMIE HAGAN. JAMIE HAGAN IS THE MOTHER OF JENNIFER VON RUDEN AND THE DAUGHTER OF JOHN HAGAN.
IRS990ScheduleO/GeneralExplanation/Explanation1THE 990 IS REVIEWED BY THE PRESIDENT AND TREASURER.
IRS990ScheduleO/GeneralExplanation/Explanation2THE GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation3ESTABLISHED RESERVE FOR SETTLEMENT AND LIABILITIES WERE PAID DOWN
IRS990ScheduleO/GeneralExplanation/Explanation4SEE LIST OF EXPENSES
IRS990ScheduleO/GeneralExplanation/Explanation5SEE LIST OF OTHER EXPENSES ATTACHED
IRS990ScheduleO/GeneralExplanation/Explanation6FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATIONS MISSION: THE JOHN T. PETTERS FOUNDATION EXISTS TO EXECUTE THE VISION AND PASSION OF JOHN T. PETTERS IN SUPPORTING GLOBAL STUDY EXPERIENCES OF COLLEGE STUDENTS. JOHN9S VISION ILLUMINATES AND GUIDES OUR PURPOSE. JOHN POSSESSED INCREDIBLE PASSION, INTEGRITY, CARING AND CONCERN TO INCREASE THE DIVERSITY OF STUDENTS STUDYING ABROAD, REGARDLESS OF THEIR ABILITY TO PAY. THE RESOURCES OF THE JOHN T. PETTERS FOUNDATION WILL BE USED TO FURTHER JOHN9S VISION OF ENRICHING GLOBAL KNOWLEDGE AMONG STUDENTS AND, ACCORDINGLY, OUR FUTURE WORKFORCE. FOOTNOTE: THE FOUNDATION HAS SETTLED ALL CLAIMS ARISING OUT OF THE PETTERS GROUP BANKRUPTCY AND THESE ARE REFLECTED IN THE 2011 AND 2012 FINANCIAL INFORMATION.
IRS990ScheduleO/GeneralExplanation/Identifier0O01
IRS990ScheduleO/GeneralExplanation/Identifier1O02
IRS990ScheduleO/GeneralExplanation/Identifier2O03
IRS990ScheduleO/GeneralExplanation/Identifier3O04
IRS990ScheduleO/GeneralExplanation/Identifier4O05
IRS990ScheduleO/GeneralExplanation/Identifier5O06
IRS990ScheduleO/GeneralExplanation/Identifier6O07
IRS990ScheduleO/GeneralExplanation/ReturnReference0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/GeneralExplanation/ReturnReference1Form 990 governing body review Part VI line 11
IRS990ScheduleO/GeneralExplanation/ReturnReference2Governing documents etc available to public Part VI line 19
IRS990ScheduleO/GeneralExplanation/ReturnReference3Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/GeneralExplanation/ReturnReference4List of other fees for services expenses Part IX line 11g
IRS990ScheduleO/GeneralExplanation/ReturnReference5List of other expenses Part IX line 24e
IRS990ScheduleO/GeneralExplanation/ReturnReference6General explanation attachment
IRS990/ScheduleORequired0true
IRS990/School0false
IRS990/SignificantChange0false
IRS990/SignificantNewProgramServices0false
IRS990/StateLegalDomicile0MN
IRS990/StatesWhereCopyOfReturnIsFiled0MN
IRS990/TaxablePartyNotification0false
IRS990/TaxExemptBonds0false
IRS990/Terminated0false
IRS990/TermOrPermanentEndowments0false
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine10CO JASPER REID 2400 W COUNTY RD D
IRS990/TheBooksAreInCareOf/AddressUS/City0ROSEVILLE
IRS990/TheBooksAreInCareOf/AddressUS/State0MN
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode055112
IRS990/TheBooksAreInCareOf/NamePerson0ROBERT D LAWSON
IRS990/TheBooksAreInCareOf/TelephoneNumber06516359776
IRS990/TotalAssets/BOY01972090
IRS990/TotalAssetsBOY01972090
IRS990/TotalAssets/EOY0610906
IRS990/TotalAssetsEOY0610906
IRS990/TotalCompGT150K0false
IRS990/TotalExpensesCurrentYear0187705
IRS990/TotalExpensesPriorYear0275993
IRS990/TotalFunctionalExpenses/Fundraising00
IRS990/TotalFunctionalExpenses/ManagementAndGeneral030035
IRS990/TotalFunctionalExpenses/ProgramServices0157670
IRS990/TotalFunctionalExpenses/Total0187705
IRS990/TotalFundrsngExpCurrentYear00
IRS990/TotalGrossUBI00
IRS990/TotalLiabilities/BOY01262522
IRS990/TotalLiabilitiesBOY01262522
IRS990/TotalLiabilities/EOY00
IRS990/TotalLiabilitiesEOY00
IRS990/TotalLiabNetAssetsFundBalances/BOY01972090
IRS990/TotalLiabNetAssetsFundBalances/EOY0610906
IRS990/TotalNbrEmployees01
IRS990/TotalNetAssetsFundBalances/BOY0709568
IRS990/TotalNetAssetsFundBalances/EOY0610906
IRS990/TotalOtherCompensation00
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProgramServiceExpense0157670
IRS990/TotalReportableCompFrmRltdOrgs00
IRS990/TotalReportableCompFromOrg0127281
IRS990/TotalRevenueCurrentYear089043
IRS990/TotalRevenue/ExclusionAmount089043
IRS990/TotalRevenuePriorYear030860
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome00
IRS990/TotalRevenue/TotalRevenueColumn089043
IRS990/TotalRevenue/UnrelatedBusinessRevenue00
IRS990/TransactionRelatedEntity0false
IRS990/TransfersToExemptNonChrtblOrg0false
IRS990/Travel/ManagementAndGeneral095
IRS990/Travel/ProgramServices0496
IRS990/Travel/Total0591
IRS990/TypeOfOrganizationCorporation0X
IRS990/UnrelatedBusinessIncome0false
IRS990/UponRequest0X
IRS990/WebSite0WWW.JOHNTPETTERSFOUNDATION.ORG
IRS990/WhistleblowerPolicy0false
IRS990/YearFormation02004
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0200881450
ReturnHeader/Filer/Name/BusinessNameLine10JOHN T PETTERS FOUNDATION
ReturnHeader/Filer/NameControl0JOHN
ReturnHeader/Filer/USAddress/AddressLine10CO JASPER REID 2400 W COUNTY RD D
ReturnHeader/Filer/USAddress/City0ROSEVILLE
ReturnHeader/Filer/USAddress/State0MN
ReturnHeader/Filer/USAddress/ZIPCode055112
ReturnHeader/Officer/AuthorizeThirdParty0true
ReturnHeader/Officer/DateSigned02013-10-28
ReturnHeader/Officer/Name0ROBERT D LAWSON
ReturnHeader/Officer/Phone06516359776
ReturnHeader/Officer/Title0EXECUTIVE DIREC
ReturnHeader/Preparer/DatePrepared02013-11-12
ReturnHeader/PreparerFirm/EIN0262065053
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10Jasper Reid CPAs
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine102400 W County Road D
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0Roseville
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0MN
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode055112
ReturnHeader/Preparer/Name0Scott Reid
ReturnHeader/Preparer/Phone06516359776
ReturnHeader/ReturnType0990
ReturnHeader/TaxPeriodBeginDate02012-01-01
ReturnHeader/TaxPeriodEndDate02012-12-31
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02013-11-12T16:30:20-06:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings