Civic Intelligence

Minnesota Computers for Schools

990 • Fiscal year 2022 • EIN 20-1776702

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 06, 2023

504 Malcolm Ave SE Ste 100Minneapolis, MN 55414

(612) 383-2400

Siviq Scores

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

Liabilities / Assets

95th percentile

1.13x

Higher debt load relative to assets than 95% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

78th percentile

0.42x

Higher debt load relative to revenue than 78% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

20th percentile

-12%

Higher net margin than 20% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

74th percentile

$112,016

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 6.1% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

70th percentile

13%

Faster asset growth than 70% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

44th percentile

1.9%

Faster revenue growth than 44% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$682,761

Up $76,554 (+13%) from 2021

Net Assets

Down

-$89,878

Down $214,315 (-172%) from 2021

Liabilities

Up

$772,639

Up $290,869 (+60%) from 2021

Revenue

Up

$1,846,874

Up $34,489 (+1.9%) from 2021

Expenses

Up

$2,061,189

Up $392,764 (+24%) from 2021

Net Income

Down

-$214,315

Down $358,275 (-249%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2010: $356,558Liabilities 2010: $72,296Net Assets 2010: $284,2622010Assets 2011: $553,106Liabilities 2011: $89,100Net Assets 2011: $464,0062011Assets 2012: $715,656Liabilities 2012: $74,240Net Assets 2012: $641,4162012Assets 2013: $632,830Liabilities 2013: $79,834Net Assets 2013: $552,9962013Assets 2014: $744,617Liabilities 2014: $84,185Net Assets 2014: $660,4322014Assets 2015: $729,889Liabilities 2015: $93,001Net Assets 2015: $636,8882015Assets 2016: $573,988Liabilities 2016: $244,029Net Assets 2016: $329,9592016Assets 2017: $520,575Liabilities 2017: $354,671Net Assets 2017: $165,9042017Assets 2018: $618,940Liabilities 2018: $472,496Net Assets 2018: $146,4442018Assets 2019: $178,186Liabilities 2019: $241,993Net Assets 2019: -$63,8072019Assets 2020: $445,746Liabilities 2020: $465,269Net Assets 2020: -$19,5232020Assets 2021: $606,207Liabilities 2021: $481,770Net Assets 2021: $124,4372021Assets 2022: $682,761Liabilities 2022: $772,639Net Assets 2022: -$89,8782022Assets 2023: $970,691Liabilities 2023: $1,418,048Net Assets 2023: -$447,3572023Assets 2024: $934,584Liabilities 2024: $1,398,308Net Assets 2024: -$463,7242024

Highlighted filing

2022

Assets$682,761
Liabilities$772,639
Net Assets-$89,878

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $838,2292010Expenses 2011: $887,8762011Expenses 2012: $1,062,1692012Revenue 2013: $1,095,431Expenses 2013: $1,183,851Net Income 2013: -$88,4202013Revenue 2014: $1,358,528Expenses 2014: $1,251,092Net Income 2014: $107,4362014Revenue 2015: $1,297,388Expenses 2015: $1,320,932Net Income 2015: -$23,5442015Revenue 2016: $1,000,619Expenses 2016: $1,307,548Net Income 2016: -$306,9292016Revenue 2017: $1,318,063Expenses 2017: $1,482,118Net Income 2017: -$164,0552017Revenue 2018: $1,535,067Expenses 2018: $1,554,527Net Income 2018: -$19,4602018Revenue 2019: $1,272,869Expenses 2019: $1,483,120Net Income 2019: -$210,2512019Revenue 2020: $1,467,048Expenses 2020: $1,422,764Net Income 2020: $44,2842020Revenue 2021: $1,812,385Expenses 2021: $1,668,425Net Income 2021: $143,9602021Revenue 2022: $1,846,874Expenses 2022: $2,061,189Net Income 2022: -$214,3152022Revenue 2023: $1,632,844Expenses 2023: $1,990,323Net Income 2023: -$357,4792023Revenue 2024: $1,904,084Expenses 2024: $1,920,451Net Income 2024: -$16,3672024

Highlighted filing

2022

Revenue$1,846,874
Expenses$2,061,189
Net Income-$214,315
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 6, 2023
Return Version
2022v5.0
Gross Receipts
$1,876,714
Mission and Program Overview

Mission

Minnesota tech for success creates digital equity for students by partnering with schools and educational organizations to provide technology access, engaging stem programming, and it workforce development in underserved communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$180,661$131,394▼ $49,267
Pledges and Grants Receivable$42,665$128,682▲ $86,017
Cash and Non-Interest-Bearing Accounts$269,994$118,861▼ $151,133
Prepaid Expenses and Deferred Charges$49,773$49,406▼ $367
Accounts Receivable$62,694$22,097▼ $40,597
Inventories for Sale or Use-$9,327-
Savings and Temporary Cash Investments$420$301▼ $119
Total Assets$606,207$682,761▲ $76,554
Other Assets Total-$222,693-
Liabilities
Unsecured Notes Loans Payable$400,400$394,064▼ $6,336
Other Liabilities-$223,069-
Accounts Payable and Accrued Expenses$81,370$155,506▲ $74,136
Total Liabilities$481,770$772,639▲ $290,869
Net Assets / Fund Balance
Net Assets With Donor Restrictions$154,074$198,239▲ $44,165
Net Assets Without Donor Restrictions$-29,637$-288,117▼ $258,480
Total Net Assets Fund Balance$124,437$-89,878▼ $214,315
Total Liabilities and Net Assets / Fund Balance$606,207$682,761▲ $76,554

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$83,011$120,502$203,513
Equipment$48,383$60,708$109,091
Leasehold Improvements-$5,700$5,700
Other Assets Org$222,693--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tamara GillardExecutive DiFT$108,140$3,876$112,016
John PepperFinance DireFT$73,489$9,657$83,146

Board Members and Trustees

NameTitle
Eric HenlyBoard Chair
Bill RichardVice Chair
Bill TatumBoard Member
Bryan HennemanBoard Member
Christine JacksonBoard Member
Clive RugaraBoard Member
Kade MeddBoard Member
Katie BerggrenBoard Member
Ken BaxterBoard Member
Marcie KoetkeBoard Member
Nohal MechelkeBoard Member
Peter StieglerBoard Member
Deb McgaheySecretary
John GardnerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$741,113
Program Service Revenue
$0
Investment Income
$76
Other Revenue
$1,105,685
All Other Contributions
$406,263
Change in Net Assets
$-214,315

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,846,874
Revenue Not Reported on Form 990
$29,840
Total Revenue per Audited Statements
$1,876,714
Total Revenue per Form 990
$1,846,874
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,212,830
Other Expenses$765,686
Total Fundraising Expense$223,676
Professional Fundraising Fees$82,673
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$723,277$76,270$51,788$851,335
Occupancy$200,844$45,774$16,049$262,667
Fees for Services Other$184,316$16,888$675$201,879
Current Officers, Directors, Trustees, and Key Employees$162,432$20,513$12,217$195,162
Payroll Taxes$65,344$15,271$5,732$86,347
Fees for Services Professional Fundraising--$82,673$82,673
Other Employee Benefits$59,491$15,303$5,192$79,986
Depreciation Depletion$50,048-$9,352$59,400
Information Technology$47,215$620$407$48,242
Office Expenses$15,619$3,725$101$19,445
Insurance$18,185$740$297$19,222
Other Expenses$11,800$1,752$1,964$15,516
Fees for Services Accounting$13,500$1,300-$14,800
Travel$12,850$1,176$743$14,769
Advertising$3,289-$9,885$13,174
Fees for Services Legal-$5,388-$5,388
All Other Expenses$5,102--$5,102
Total Functional Expenses$1,613,759$223,754$223,676$2,061,189

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,091,029
Expenses per Audited Statements$2,061,189
Total Expenses per Form 990$2,061,189
Expenses Not Reported on Form 990$29,840
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$82,673
Fundraising Direct Expenses$29,840
Fundraising Gross Income$22,137

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Event$22,137$22,137$20,722$1,415
Total Events$22,137$22,137$29,840$-7,703
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liabilities$223,069
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
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, Page 6, Part VI, Line 1A

The executive committee has the authority to act on behalf of the governing body. The committee consists of the chair of the board, vice chair of the board, secretary, and treasurer.

Form 990, Page 6, Part VI, Line 11B

Review by the executive team and board.

Form 990, Page 6, Part VI, Line 12C

The mcfs board reviews for activity on an annual basis with the executive director. The policy provides for enforcement of compliance issue procedures if they should arise. There have been no conflict of interest activities.

Form 990, Page 6, Part VI, Line 15A

The mcfs board conducts an annual performance review of the executive director. Compensation has been based on similar positions and experience of a non-profit executive director in the metro area. This process last occured in march 2023.

Form 990, Page 6, Part VI, Line 15B

Yes. The mcfs board conducts an annual performance review of the finance director. Compensation has been based on similar positions and experience of a non-profit finance director in the metro area. This process last occured in march 2023.

Form 990, Page 6, Part VI, Line 19

The organization does not make its governing documents including the conflict of interest policy available to the public. The financial statements are available upon request and are also reflected in the form 990 and are available through the office of the attorney general of minnesota.

Filing and Contact Details

Filer

Filer Name
Minnesota Computers for Schools
EIN
20-1776702
Phone
6123832400
Address
504 MALCOLM AVE SE STE 100, MINNEAPOLIS, MN 55414
Doing Business As
Minnesota Tech for Success

Signing Officer

Name
Tamara Gillard
Title
Executive Director
Phone
6517792816
Signed
2023-11-06

Organization Details

Principal Officer
Tamara Gillard
Formed
2004
Legal Domicile
Mn
Voting Board Members
13
Independent Board Members
13
Employees
32
Volunteers
19

Preparer

Firm
Boyum & Barenscheer Pllp
Address
3050 METRO DR STE 200, MINNEAPOLIS, MN 55425-1547
Preparer
Anna Lovegren
Phone
9528544244
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Minnesota tech for success creates digital equity for students by partnering with schools and educational organizations to provide technology access, engaging stem programming, and it workforce development in underserved communities.

Form 990, Part XI, Line 9

Event expenses 29,840 event expenses -29,840

Financial Statement Notes

Schedule D, Page 3, Part X

The organizations filings with the internal revenue service are subject to audit. The information returns for the past three years are open to examination. Management has evaluated its tax positions and has concluded that they do not result in anything that would require either recording or disclosure in the financial statements based on the criteria set forth in asc 740.

Schedule D, Page 4, Part XI, Line 2D

EVENT EXPENSES 29,840

Schedule D, Page 4, Part XII, Line 2D

EVENT EXPENSES 29,840

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$1.40$0.46$1.90$1.92$0.02
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$1.42$0.45$1.63$1.99$0.36
2022Detailed filing. Detailed filing data is available for this year.$0.68$0.77$0.09$1.85$2.06$0.21
2021Summary only. Only limited summary data is available for this year.$0.61$0.48$0.12$1.81$1.67$0.14
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.47$0.02$1.47$1.42$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.18$0.24$0.06$1.27$1.48$0.21
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.47$0.15$1.54$1.55$0.02
2017Summary only. Only limited summary data is available for this year.$0.52$0.35$0.17$1.32$1.48$0.16
2016Summary only. Only limited summary data is available for this year.$0.57$0.24$0.33$1.00$1.31$0.31
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.73$0.09$0.64$1.30$1.32$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.74$0.08$0.66$1.36$1.25$0.11
2013Detailed filing. Detailed filing data is available for this year.$0.63$0.08$0.55$1.10$1.18$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.07$0.64$1.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.09$0.46$0.89
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.07$0.28$0.84