Civic Intelligence

Breakwater Health Network

990 • Fiscal year 2015 • EIN 20-1686489

May 01, 2014 to Apr 30, 2015 • Filed on Jan 12, 2016

404 West Superior StreetDuluth, MN 55802

(218) 722-1186

Siviq Scores

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

Liabilities / Assets

47th percentile

0.08x

Higher debt load relative to assets than 47% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

31st percentile

0.04x

Higher debt load relative to revenue than 31% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

34th percentile

-1.8%

Higher net margin than 34% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

54th percentile

$71,300

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

8th percentile

-16%

Faster asset growth than 8% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

61st percentile

8.1%

Faster revenue growth than 61% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$469,460

Down $90,253 (-16%) from 2014

Net Assets

Down

$429,905

Down $18,819 (-4.2%) from 2014

Liabilities

Down

$39,555

Down $71,434 (-64%) from 2014

Revenue

Up

$1,072,041

Up $80,477 (+8.1%) from 2014

Expenses

Down

$1,090,860

Down $90,751 (-7.7%) from 2014

Net Income

Up

-$18,819

Up $171,228 (+90%) from 2014

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2013: $690,411Liabilities 2013: $51,640Net Assets 2013: $638,7712013Assets 2014: $559,713Liabilities 2014: $110,989Net Assets 2014: $448,7242014Assets 2015: $469,460Liabilities 2015: $39,555Net Assets 2015: $429,9052015Assets 2016: $448,577Liabilities 2016: $48,105Net Assets 2016: $400,4722016Assets 2017: $488,956Liabilities 2017: $34,106Net Assets 2017: $454,8502017Assets 2018: $561,346Liabilities 2018: $28,982Net Assets 2018: $532,3642018Assets 2019: $729,867Liabilities 2019: $40,943Net Assets 2019: $688,9242019Assets 2020: $657,392Liabilities 2020: $95,402Net Assets 2020: $561,9902020Assets 2021: $641,390Liabilities 2021: $82,016Net Assets 2021: $559,3742021Assets 2022: $640,816Liabilities 2022: $115,073Net Assets 2022: $525,7432022Assets 2023: $659,971Liabilities 2023: $41,587Net Assets 2023: $618,3842023Assets 2024: $552,447Liabilities 2024: $131,829Net Assets 2024: $420,6182024Assets 2025: $415,753Liabilities 2025: $144,054Net Assets 2025: $271,6992025

Highlighted filing

2015

Assets$469,460
Liabilities$39,555
Net Assets$429,905

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $1,503,804Expenses 2013: $1,383,744Net Income 2013: $120,0602013Revenue 2014: $991,564Expenses 2014: $1,181,611Net Income 2014: -$190,0472014Revenue 2015: $1,072,041Expenses 2015: $1,090,860Net Income 2015: -$18,8192015Revenue 2016: $949,819Expenses 2016: $979,252Net Income 2016: -$29,4332016Revenue 2017: $993,765Expenses 2017: $939,387Net Income 2017: $54,3782017Revenue 2018: $943,022Expenses 2018: $865,508Net Income 2018: $77,5142018Revenue 2019: $1,089,813Expenses 2019: $933,253Net Income 2019: $156,5602019Revenue 2020: $1,269,610Expenses 2020: $1,396,544Net Income 2020: -$126,9342020Revenue 2021: $1,269,737Expenses 2021: $1,272,353Net Income 2021: -$2,6162021Revenue 2022: $1,971,597Expenses 2022: $2,005,228Net Income 2022: -$33,6312022Revenue 2023: $694,359Expenses 2023: $601,718Net Income 2023: $92,6412023Revenue 2024: $420,750Expenses 2024: $630,881Net Income 2024: -$210,1312024Revenue 2025: $527,131Expenses 2025: $676,050Net Income 2025: -$148,9192025

Highlighted filing

2015

Revenue$1,072,041
Expenses$1,090,860
Net Income-$18,819
Jump To
Filing Snapshot
Filing Period
May 1, 2014 to Apr 30, 2015
Signed
Jan 12, 2016
Return Version
2014v6.0
Gross Receipts
$1,072,041
Mission and Program Overview

Mission

The Mission of Breakwater Health Network is to support its members by developing and sustaining systems that foster clinical excellence and healthy communities.

The mission of the Network is to support members through improved Health Information Technology (HIT) systems to provide comprehensive, primary medical and dental services for low-income families, uninsured, underinsured, migrant and seasonal farm workers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$240,390$170,879▼ $69,511
Pledges and Grants Receivable$23,341$108,643▲ $85,302
Land, Buildings, and Equipment, Net$187,110$105,075▼ $82,035
Prepaid Expenses and Deferred Charges$45,434$65,521▲ $20,087
Cash and Non-Interest-Bearing Accounts$62,938$19,342▼ $43,596
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$559,713$469,460▼ $90,253
Other Assets Total$500$0▼ $500
Liabilities
Accounts Payable and Accrued Expenses$102,489$33,888▼ $68,601
Deferred Revenue$8,500$5,667▼ $2,833
Total Liabilities$110,989$39,555▼ $71,434
Net Assets / Fund Balance
Unrestricted Net Assets$448,724$429,905▼ $18,819
Total Net Assets Fund Balance$448,724$429,905▼ $18,819
Total Liabilities and Net Assets / Fund Balance$559,713$469,460▼ $90,253

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$19,265$439,248$458,513
Other Land Buildings$85,810$199,908$285,718
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Cindy ThornbergFmr Exec DirectorPT$71,300$71,300
Lisa EdstromFmr Exec DirectorPT$14,559$14,559

Board Members and Trustees

NameTitle
Rita PlourdePresident
Mavis BrehmVice President
Kristi HalvarsonDirector
Susan BauerDirector
Sally TrnkaExecutive Dr
Michael HolmesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$248,597
Program Service Revenue
$823,431
Investment Income
$13
Other Revenue
$0
Change in Net Assets
$-18,819

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,072,041
Total Revenue per Audited Statements
$1,072,041
Total Revenue per Form 990
$1,072,041
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$943,648
Salaries, Compensation, and Employee Benefits$147,212
Total Fundraising Expense$2,500
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Information Technology$603,477--$603,477
Fees for Services Other$186,305$7,066$2,500$195,871
Current Officers, Directors, Trustees, and Key Employees$77,325$25,775-$103,100
Depreciation Depletion$82,036--$82,036
Other Salaries and Wages$19,969$19,969-$39,938
Office Expenses$8,820$17,392-$26,212
Fees for Services Accounting-$22,888-$22,888
Travel$9,655$2,414-$12,069
Payroll Taxes$2,087$2,087-$4,174
Other Expenses$1,095--$1,095
Total Functional Expenses$990,769$97,591$2,500$1,090,860

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,090,860
Total Expenses per Audited Statements$1,090,860
Total Expenses per Form 990$1,090,860
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

Members are clinics participating in the technology systems.

Form 990, Part VI, Line 11B: Form 990 Review Process

990 is reviewed by the project manager prior to filing. board is provided with completed copy.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Compliance is monitored quarterly. Conflicts are dealt with as they occur.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Board of directors approves executive director's contract.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Documents are made publically available upon request.

Filing and Contact Details

Filer

Filer Name
Northern Minnesota Network Inc
EIN
20-1686489
Phone
2187221186
Address
404 WEST SUPERIOR STREET, DULUTH, MN 55802

Signing Officer

Name
Sally Trnka
Title
Executive Dr
Signed
2016-01-12
Discuss with paid preparer
Yes

Organization Details

Formed
2004
Legal Domicile
Mn
Voting Board Members
5
Independent Board Members
5
Employees
1
Volunteers
14

Preparer

Firm
Walker Giroux & Hahne Ltd
Address
225 1st Street N Suite 2400, Virginia, MN 55792
Preparer
William Paulson
Phone
2187494880
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02087
IRS990/PayrollTaxesGrp/ProgramServicesAmt02087
IRS990/PayrollTaxesGrp/TotalAmt04174
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt023341
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0108643
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt045434
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt065521
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0MEMBER SERVICE FEES
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0738430
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt185001
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0738430
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt185001
IRS990/ProgSrvcAccomActy2Grp/Desc0Developing a shared health information technology (HIT) infrastructure with technical and application resources to integrate medical records expertise to enable data-driven health care treatment plans to improve patient care in the safety net community health care system.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0106044
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0186908
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0791
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01090368
IRS990/PYOtherRevenueAmt028
IRS990/PYProgramServiceRevenueAmt0803837
IRS990/PYRevenuesLessExpensesAmt0-190047
IRS990/PYSalariesCompEmpBnftPaidAmt091243
IRS990/PYTotalExpensesAmt01181611
IRS990/PYTotalRevenueAmt0991564
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IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-18819
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0333598
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0271908
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0658964
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01125383
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0935868
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03325721
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt013
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt091
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0285
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0273
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0111
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0773
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02591492
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99980
IRS990ScheduleA/PublicSupportPY170Pct00.99980
IRS990ScheduleA/PublicSupportTotal170Amt03325721
IRS990ScheduleA/SubstantialContributorsTotAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0333598
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0271908
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01125383
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0935868
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03325721
IRS990ScheduleA/TotalSupportAmt03326494
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt019265
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0439248
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0458513
IRS990ScheduleD/ExpensesSubtotalAmt01090860
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt085810
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0199908
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0285718
IRS990ScheduleD/RevenueSubtotalAmt01072041
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0105075
IRS990ScheduleD/TotalExpensesPerForm990Amt01090860
IRS990ScheduleD/TotalRevenuePerForm990Amt01072041
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01072041
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01090860
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Members are clinics participating in the technology systems.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1990 is reviewed by the project manager prior to filing. board is provided with completed copy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Compliance is monitored quarterly. Conflicts are dealt with as they occur.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Board of directors approves executive director's contract.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE MADE PUBLICALLY AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0559713
IRS990/TotalAssetsEOYAmt0469460
IRS990/TotalAssetsGrp/BOYAmt0559713
IRS990/TotalAssetsGrp/EOYAmt0469460
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0248597
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt02500
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt097591
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0990769
IRS990/TotalFunctionalExpensesGrp/TotalAmt01090860
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0110989
IRS990/TotalLiabilitiesEOYAmt039555
IRS990/TotalLiabilitiesGrp/BOYAmt0110989
IRS990/TotalLiabilitiesGrp/EOYAmt039555
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0448724
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0429905
IRS990/TotalProgramServiceExpensesAmt0990769
IRS990/TotalProgramServiceRevenueAmt0823431
IRS990/TotalReportableCompFromOrgAmt085859
IRS990/TotalRevenueGrp/ExclusionAmt013
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0823431
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01072041
IRS990/TotalVolunteersCnt014
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0559713
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0469460
IRS990/TransactionWithControlEntInd0false

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