Civic Intelligence

Prepare Ministries

990 • Fiscal year 2021 • EIN 20-1905688

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 11, 2022

Organization Profilewww.prepareministries.com
12901 Roberts DriveEden Prairie, MN 55346

(507) 202-1280

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.03x

Higher debt load relative to assets than 52% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

64th percentile

0.10x

Higher debt load relative to revenue than 64% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

86th percentile

49%

Higher net margin than 86% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

63rd percentile

$39,600

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 16.4% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

65th percentile

20%

Faster asset growth than 65% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

27th percentile

-5.5%

Faster revenue growth than 27% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets52nd percentile

Assets

Up

$740,510

Up $121,757 (+20%) from 2020

Net Assets

Up

$717,601

Up $117,474 (+20%) from 2020

Liabilities

Up

$22,909

Up $4,283 (+23%) from 2020

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin86th percentile

Revenue

Down

$241,027

Down $14,099 (-5.5%) from 2020

Expenses

Up

$123,553

Up $3,115 (+2.6%) from 2020

Net Income

Down

$117,474

Down $17,214 (-13%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth65th percentile

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

$1.5M$1.0M$500K$0Assets 2011: $111,387Liabilities 2011: $16,818Net Assets 2011: $94,5692011Assets 2012: $98,534Liabilities 2012: $21,454Net Assets 2012: $77,0802012Assets 2013: $127,302Liabilities 2013: $24,773Net Assets 2013: $102,5292013Assets 2014: $153,577Liabilities 2014: $22,504Net Assets 2014: $131,0732014Assets 2015: $236,259Liabilities 2015: $27,586Net Assets 2015: $208,6732015Assets 2016: $301,992Liabilities 2016: $24,519Net Assets 2016: $277,4732016Assets 2017: $354,097Liabilities 2017: $26,010Net Assets 2017: $328,0872017Assets 2018: $417,221Liabilities 2018: $19,492Net Assets 2018: $397,7292018Assets 2019: $0Net Assets 2019: $02019Assets 2020: $618,753Liabilities 2020: $18,626Net Assets 2020: $600,1272020Assets 2021: $740,510Liabilities 2021: $22,909Net Assets 2021: $717,6012021Assets 2022: $805,148Liabilities 2022: $24,848Net Assets 2022: $780,3002022Assets 2023: $904,593Liabilities 2023: $36,577Net Assets 2023: $868,0162023Assets 2024: $1,034,650Liabilities 2024: $46,304Net Assets 2024: $988,3462024

Highlighted filing

2021

Assets$740,510
Liabilities$22,909
Net Assets$717,601
Open 2021 Filing

Operations Trend

Revenue Growth27th percentile

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

$300K$200K$100K$0Expenses 2011: $208,5562011Expenses 2012: $156,5202012Revenue 2013: $185,474Expenses 2013: $160,025Net Income 2013: $25,4492013Revenue 2014: $199,373Expenses 2014: $170,829Net Income 2014: $28,5442014Revenue 2015: $259,590Expenses 2015: $181,990Net Income 2015: $77,6002015Revenue 2016: $210,273Expenses 2016: $141,473Net Income 2016: $68,8002016Revenue 2017: $211,430Expenses 2017: $160,816Net Income 2017: $50,6142017Revenue 2018: $205,475Expenses 2018: $135,833Net Income 2018: $69,6422018Revenue 2019: $02019Revenue 2020: $255,126Expenses 2020: $120,438Net Income 2020: $134,6882020Revenue 2021: $241,027Expenses 2021: $123,553Net Income 2021: $117,4742021Revenue 2022: $200,297Expenses 2022: $137,598Net Income 2022: $62,6992022Revenue 2023: $232,466Expenses 2023: $144,750Net Income 2023: $87,7162023Revenue 2024: $272,659Expenses 2024: $152,329Net Income 2024: $120,3302024

Highlighted filing

2021

Revenue$241,027
Expenses$123,553
Net Income$117,474
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 11, 2022
Return Version
2021v4.0
Gross Receipts
$241,027
Mission and Program Overview

Mission

Multi-denominational campus ministry organized to strengthen the spiritual lives of college students. Prepare operates primarily through regular large-group meetings, one-to-one and small group mentoring, and local and global missions outreach.

Multi-denominational campus ministry organized to strengthen the spiritual lives of college students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$429,670$549,638▲ $119,968
Savings and Temporary Cash Investments$183,172$185,465▲ $2,293
Investments in Publicly Traded Securities$4,047$3,543▼ $504
Inventories for Sale or Use$1,864$1,864→ $0
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$618,753$740,510▲ $121,757
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$18,626$22,909▲ $4,283
Total Liabilities$18,626$22,909▲ $4,283
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$587,056$702,962▲ $115,906
Net Assets With Donor Restrictions$13,071$14,639▲ $1,568
Total Net Assets Fund Balance$600,127$717,601▲ $117,474
Total Liabilities and Net Assets / Fund Balance$618,753$740,510▲ $121,757

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$5,600$5,600
Other Land Buildings-$1,240$1,240
Compensation and Service Providers
Top Officer Pay63rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Gary GilbertsonExecutive DirectorFT$39,600$39,600

Board Members and Trustees

NameTitle
Adam JohnsonChair/Treasurer
Dennis LundquistDirector
Karen OglesbyDirector
Kathleen LundquistDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$240,281
Program Service Revenue
$344
Investment Income
$402
Other Revenue
$0
All Other Contributions
$240,281
Change in Net Assets
$117,474
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$69,708
Salaries, Compensation, and Employee Benefits$50,745
Grants and Similar Amounts Paid$3,100
Total Fundraising Expense$170
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$29,700$9,900-$39,600
Other Salaries and Wages$7,125$2,375-$9,500
Travel$7,400$740$83$8,223
Occupancy$4,026--$4,026
Fees for Services Other$2,614$870-$3,484
Grants to Domestic Orgs$3,100--$3,100
All Other Expenses$1,428$353$87$1,868
Payroll Taxes$1,234$411-$1,645
Other Expenses$586$586-$1,172
Information Technology$513$513-$1,026
Conferences and Meetings$666--$666
Insurance-$444-$444
Office Expenses$42$41-$83
Total Functional Expenses$96,073$27,310$170$123,553
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
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

“Dennis Lundquist and Kathleen Lundquist are married.”

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

“The board of directors reviews and approves the form 990 at the appropriate board meeting.”

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

“Governing documents, policies and bylaws, financial statements, and tax forms are available for public inspection upon request.”

Filing and Contact Details

Filer

Filer Name
Prepare Ministries
EIN
20-1905688
Phone
5072021280
Address
12901 Roberts Drive, Eden Prairie, MN 55346

Signing Officer

Name
Adam Johnson
Title
Treasurer
Signed
2022-11-11

Organization Details

Principal Officer
Gary Gilbertson
Formed
2004
Legal Domicile
Mn
Voting Board Members
5
Independent Board Members
5
Employees
2
Volunteers
50
Raw XML AppendixShowing 400 of 425 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt018626
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt022909
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0MULTI-DENOMINATIONAL CAMPUS MINISTRY ORGANIZED TO STRENGTHEN THE SPIRITUAL LIVES OF COLLEGE STUDENTS.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt0240281
IRS990/AllOtherExpensesGrp/FundraisingAmt087
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0353
IRS990/AllOtherExpensesGrp/ProgramServicesAmt01428
IRS990/AllOtherExpensesGrp/TotalAmt01868
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Adam Johnson
IRS990/BooksInCareOfDetail/PhoneNum06517640162
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt012901 Roberts Drive
IRS990/BooksInCareOfDetail/USAddress/CityNm0Eden Prairie
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055346
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0429670
IRS990/CashNonInterestBearingGrp/EOYAmt0549638
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt09900
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt029700
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt039600
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0666
IRS990/ConferencesMeetingsGrp/TotalAmt0666
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0240281
IRS990/CYGrantsAndSimilarPaidAmt03100
IRS990/CYInvestmentIncomeAmt0402
IRS990/CYOtherExpensesAmt069708
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0344
IRS990/CYRevenuesLessExpensesAmt0117474
IRS990/CYSalariesCompEmpBnftPaidAmt050745
IRS990/CYTotalExpensesAmt0123553
IRS990/CYTotalFundraisingExpenseAmt0170
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0241027
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0Prepare held several conferences and events including the annual banquet, summer camel camp, regional retreats, fall conference, international mission trips, and more. In total, approximately 300 students attended.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt013071
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt014639
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt057645
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0870
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt02614
IRS990/FeesForServicesOtherGrp/TotalAmt03484
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt050.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0Gary Gilbertson
IRS990/Form990PartVIISectionAGrp/PersonNm1Adam Johnson
IRS990/Form990PartVIISectionAGrp/PersonNm2Dennis Lundquist
IRS990/Form990PartVIISectionAGrp/PersonNm3Kathleen Lundquist
IRS990/Form990PartVIISectionAGrp/PersonNm4Karen Oglesby
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt039600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt1Chair/Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt03100
IRS990/GrantsToDomesticOrgsGrp/TotalAmt03100
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0241027
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0513
IRS990/InformationTechnologyGrp/ProgramServicesAmt0513
IRS990/InformationTechnologyGrp/TotalAmt01026
IRS990/InsuranceGrp/ManagementAndGeneralAmt0444
IRS990/InsuranceGrp/TotalAmt0444
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt01864
IRS990/InventoriesForSaleOrUseGrp/EOYAmt01864
IRS990/InvestmentIncomeGrp/ExclusionAmt0402
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0402
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt04047
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03543
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06840
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt06840
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0MULTI-DENOMINATIONAL CAMPUS MINISTRY ORGANIZED TO STRENGTHEN THE SPIRITUAL LIVES OF COLLEGE STUDENTS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0600127
IRS990/NetAssetsOrFundBalancesEOYAmt0717601
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0587056
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0702962
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt04026
IRS990/OccupancyGrp/TotalAmt04026
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt041
IRS990/OfficeExpensesGrp/ProgramServicesAmt042
IRS990/OfficeExpensesGrp/TotalAmt083
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Contract Labor
IRS990/OtherExpensesGrp/Desc1Meals and Entertainment
IRS990/OtherExpensesGrp/Desc2Food and Beverage
IRS990/OtherExpensesGrp/Desc3Printing and Publications
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010961
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1116
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2586
IRS990/OtherExpensesGrp/ProgramServicesAmt032884
IRS990/OtherExpensesGrp/ProgramServicesAmt12554
IRS990/OtherExpensesGrp/ProgramServicesAmt22201
IRS990/OtherExpensesGrp/ProgramServicesAmt3586
IRS990/OtherExpensesGrp/TotalAmt043845
IRS990/OtherExpensesGrp/TotalAmt12554
IRS990/OtherExpensesGrp/TotalAmt22317
IRS990/OtherExpensesGrp/TotalAmt31172
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt02375
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt07125
IRS990/OtherSalariesAndWagesGrp/TotalAmt09500
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0411
IRS990/PayrollTaxesGrp/ProgramServicesAmt01234
IRS990/PayrollTaxesGrp/TotalAmt01645
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Gary Gilbertson
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0Event Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0344
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0344
IRS990/ProgSrvcAccomActy2Grp/Desc0Prepare held regular weekly meetings at five college campuses in the regions of Minnesota and Iowa. Additionaly, Prepare facilitated small groups and mentoring relationships outside of regular meetings. In total, approximately 300 students were benefitted.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt038428
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0253391
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt07500
IRS990/PYInvestmentIncomeAmt0825
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt070805
IRS990/PYProgramServiceRevenueAmt0910
IRS990/PYRevenuesLessExpensesAmt0134688
IRS990/PYSalariesCompEmpBnftPaidAmt042133
IRS990/PYTotalExpensesAmt0120438
IRS990/PYTotalRevenueAmt0255126
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0117474
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0344
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0183172
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0185465
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0240281
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0253391
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0209227
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0200547
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0209459
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01112905
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0403
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0825
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01544
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0911
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0489
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04172
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0344
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0910
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt04284
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt04018
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01483
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt011039
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0403
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0825
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01544
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0911
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0489
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04172
IRS990ScheduleA/InvestmentIncomeCYPct00.00370
IRS990ScheduleA/InvestmentIncomePYPct00.00360
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99630
IRS990ScheduleA/PublicSupportPY509Pct00.99640
IRS990ScheduleA/PublicSupportTotal509Amt01123944
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0240625
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0254301
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0213511
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0204565
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0210942
IRS990ScheduleA/Total509Grp/TotalAmt01123944
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0241028
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0255126
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0215055
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0205476
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0211431
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01128116
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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/DepreciationAmt05600
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05600
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01240
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01240
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Dennis Lundquist and Kathleen Lundquist are married.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The board of directors reviews and approves the form 990 at the appropriate board meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Governing documents, policies and bylaws, financial statements, and tax forms are available for public inspection upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0618753
IRS990/TotalAssetsEOYAmt0740510
IRS990/TotalAssetsGrp/BOYAmt0618753
IRS990/TotalAssetsGrp/EOYAmt0740510
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0240281
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0170
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt027310
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt096073
IRS990/TotalFunctionalExpensesGrp/TotalAmt0123553
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt018626
IRS990/TotalLiabilitiesEOYAmt022909
IRS990/TotalLiabilitiesGrp/BOYAmt018626
IRS990/TotalLiabilitiesGrp/EOYAmt022909
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0600127
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0717601
IRS990/TotalProgramServiceExpensesAmt096073
IRS990/TotalProgramServiceRevenueAmt0344
IRS990/TotalReportableCompFromOrgAmt039600
IRS990/TotalRevenueGrp/ExclusionAmt0402
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0344
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0241027
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0618753
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0740510
IRS990/TravelGrp/FundraisingAmt083
IRS990/TravelGrp/ManagementAndGeneralAmt0740
IRS990/TravelGrp/ProgramServicesAmt07400
IRS990/TravelGrp/TotalAmt08223
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt012901 Roberts Drive
IRS990/USAddress/CityNm0Eden Prairie
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055346
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$740,510
Liabilities
$22,909
Net assets
$717,601
Revenue
$241,027
Expenses
$123,553
Net income
$117,474
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$0.05$0.99$0.27$0.15$0.12
2023Summary only. Only limited summary data is available for this year.$0.90$0.04$0.87$0.23$0.14$0.09
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.02$0.78$0.20$0.14$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.74$0.02$0.72$0.24$0.12$0.12
2020Summary only. Only limited summary data is available for this year.$0.62$0.02$0.60$0.26$0.12$0.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.42$0.02$0.40$0.21$0.14$0.07
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.03$0.33$0.21$0.16$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.30$0.02$0.28$0.21$0.14$0.07
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.24$0.03$0.21$0.26$0.18$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.15$0.02$0.13$0.20$0.17$0.03
2013Summary only. Only limited summary data is available for this year.$0.13$0.02$0.10$0.19$0.16$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.10$0.02$0.08$0.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.02$0.09$0.21