Civic Intelligence

Gopher 50 Charitable Foundation In

990EZ • Fiscal year 2018 • EIN 20-2597898

Jan 01, 2018 to Dec 31, 2018 • Filed on May 10, 2019

Organization ProfileN/A
PO Box 1081Grand Meadow, MN 55936

(507) 754-6107

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2018

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2018

Net Margin

95th percentile

68%

Higher net margin than 95% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

81st percentile

38%

Faster asset growth than 81% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

62nd percentile

9.3%

Faster revenue growth than 62% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$7,330

Up $2,022 (+38%) from 2017

Net Assets

Up

$7,330

Up $2,022 (+38%) from 2017

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin95th percentile

Revenue

Up

$2,953

Up $252 (+9.3%) from 2017

Expenses

Down

$931

Down $3,700 (-80%) from 2017

Net Income

Up

$2,022

Up $3,952 (+205%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth81st percentile

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

$80K$60K$40K$20K$0Assets 2011: $17,163Liabilities 2011: $02011Assets 2012: $22,320Liabilities 2012: $02012Assets 2013: $6,314Net Assets 2013: $6,3142013Assets 2014: $1,621Net Assets 2014: $1,6212014Assets 2015: $3,401Net Assets 2015: $3,4012015Assets 2017: $5,308Net Assets 2017: $5,3082017Assets 2018: $7,330Net Assets 2018: $7,3302018Assets 2019: $8,480Net Assets 2019: $8,4802019Assets 2020: $8,480Net Assets 2020: $8,4802020Assets 2021: $56,231Net Assets 2021: $56,2312021Assets 2022: $27,844Liabilities 2022: $0Net Assets 2022: $27,8442022Assets 2023: $74,520Liabilities 2023: $0Net Assets 2023: $74,5202023Assets 2024: $60,261Liabilities 2024: $0Net Assets 2024: $60,2612024

Highlighted filing

2018

Assets$7,330
Liabilities-
Net Assets$7,330
Open 2018 Filing

Operations Trend

Revenue Growth62nd percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $65,667Expenses 2011: $59,323Net Income 2011: $6,3442011Revenue 2012: $79,875Expenses 2012: $74,718Net Income 2012: $5,1572012Revenue 2013: $70,697Expenses 2013: $86,705Net Income 2013: -$16,0082013Revenue 2014: $1,782Expenses 2014: $6,475Net Income 2014: -$4,6932014Revenue 2015: $9,329Expenses 2015: $7,549Net Income 2015: $1,7802015Revenue 2017: $2,701Expenses 2017: $4,631Net Income 2017: -$1,9302017Revenue 2018: $2,953Expenses 2018: $931Net Income 2018: $2,0222018Revenue 2019: $112,874Expenses 2019: $111,724Net Income 2019: $1,1502019Revenue 2020: $02020Revenue 2021: $50,135Expenses 2021: $2,384Net Income 2021: $47,7512021Revenue 2022: -$14,042Expenses 2022: $14,345Net Income 2022: -$28,3872022Revenue 2023: $61,299Expenses 2023: $14,623Net Income 2023: $46,6762023Revenue 2024: -$7,378Expenses 2024: $9,522Net Income 2024: -$16,9002024

Highlighted filing

2018

Revenue$2,953
Expenses$931
Net Income$2,022
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 10, 2019
Return Version
2018v3.1
Gross Receipts
$141,059
Mission and Program Overview

Mission

The organization holds a racing event open to the public. The proceeds benefit local non-profit organizations in the local community. Provides fundraising activities for local charities.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION HOLDS A RACING EVENT THAT PROVIDES FUNDRAISING FOR LOCAL CHARITIES.-$931
THE ORGANIZATION HOLDS A ONCE A YEAR RACING EVENT OPEN TO THE PUBLIC. THE PROCEEDES BENEFIT LOCAL NON-PROFIT ORGANIZATIONS IN THE NEAR COMMUNITIES AS WELL AS FUNDRAISING ACTIVITIES FOR LOCAL SCHOOLS AND CHARITIES.--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JERRY INGVALSONCEO-$0--
CHAD EISCHENSPresident-$0--
RON NELSONVice-Preside-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Sponsorships &$57,638$57,638$19,031$38,607
Total Events$57,638$57,638$19,031$38,607
Filing and Contact Details

Filer

Filer Name
Gopher 50 Charitable Foundation in
EIN
20-2597898
Phone
5077546107
Address
PO BOX 1081, GRAND MEADOW, MN 55936

Signing Officer

Name
Jerry Ingvalson
Title
CEO
Phone
5074562516
Signed
2019-05-10
Discuss with paid preparer
Yes

Preparer

Firm
Rj Werner Associates Llp
Address
PO BOX 520, GRAND MEADOW, MN 55936-0520
Preparer
R J Werner
Phone
5077545010
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising and promotion 527 office 50 travel 54 insurance 100 total 731”

Form 990-ez, Part II, Line 24

“Accounts receivable 690 0 total 690 0”

Form 990-ez, Part III

“The organization holds a racing event open to the public. The proceeds benefit local non-profit organizations in the local community. Provides fundraising activities for local charities.”

Form 990-ez, Part III, Line 31

“The organization holds a racing event that provides fundraising for local charities.”

Raw XML Appendix165 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0RANDY QUEENSLAND
IRS990EZ/BooksInCareOfDetail/PhoneNum05077545815
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0201 MAIN STREET SOUTH
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt0201 MAIN ST SO
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GRAND MEADOW
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055936
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt04618
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt07330
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt02022
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt05308
IRS990EZ/Form990TotalAssetsGrp/EOYAmt07330
IRS990EZ/FundraisingGrossIncomeAmt057638
IRS990EZ/GamingGrossIncomeAmt083421
IRS990EZ/GrossReceiptsAmt0141059
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt05308
IRS990EZ/NetAssetsOrFundBalancesEOYAmt07330
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt05308
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt07330
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JERRY INGVALSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CHAD EISCHENS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2RON NELSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE-PRESIDE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0690
IRS990EZ/OtherExpensesTotalAmt0731
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATION HOLDS A RACING EVENT OPEN TO THE PUBLIC. THE PROCEEDS BENEFIT LOCAL NON-PROFIT ORGANIZATIONS IN THE LOCAL COMMUNITY. PROVIDES FUNDRAISING ACTIVITIES FOR LOCAL CHARITIES.
IRS990EZ/PrintingPublicationsPostageAmt0200
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION HOLDS A ONCE A YEAR RACING EVENT OPEN TO THE PUBLIC. THE PROCEEDES BENEFIT LOCAL NON-PROFIT ORGANIZATIONS IN THE NEAR COMMUNITIES AS WELL AS FUNDRAISING ACTIVITIES FOR LOCAL SCHOOLS AND CHARITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THE ORGANIZATION HOLDS A RACING EVENT THAT PROVIDES FUNDRAISING FOR LOCAL CHARITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0931
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt0138106
IRS990EZ/SpecialEventsNetIncomeLossAmt02953
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0931
IRS990EZ/TotalProgramServiceExpensesAmt0931
IRS990EZ/TotalRevenueAmt02953
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt035400
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt027775
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt063175
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0268877
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct00.97310
IRS990ScheduleA/PublicSupportTotal170Amt063175
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt035400
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt027775
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt063175
IRS990ScheduleA/TotalSupportAmt063175
IRS990ScheduleG/CharitableDistributionRqrInd0false
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt019031
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SPONSORSHIPS &
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt057638
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt057638
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt057638
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt057638
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt038607
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt019031
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt019031
IRS990ScheduleG/GamingInformationGrp/CashPrizesOtherGamingAmt071100
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt071100
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt0119075
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt083421
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt083421
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt0-35654
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssOtherGamingAmt047975
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt047975
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd0false
IRS990ScheduleG/GamingWithNonmembersInd0false
IRS990ScheduleG/IndividualWithBooksNm0RANDY QUEENSLAND
IRS990ScheduleG/LicensedInd0true
IRS990ScheduleG/LicensedStatesCd0MN
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt0201 MAIN STREET SOUTH
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine2Txt0201 MAIN ST SO
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0GRAND MEADOW
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0MN
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd055936
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 527 OFFICE 50 TRAVEL 54 INSURANCE 100 TOTAL 731
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 690 0 TOTAL 690 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HOLDS A RACING EVENT OPEN TO THE PUBLIC. THE PROCEEDS BENEFIT LOCAL NON-PROFIT ORGANIZATIONS IN THE LOCAL COMMUNITY. PROVIDES FUNDRAISING ACTIVITIES FOR LOCAL CHARITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HOLDS A RACING EVENT THAT PROVIDES FUNDRAISING FOR LOCAL CHARITIES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JERRY INGVALSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum05074562516
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GOPHER 50 CHARITABLE FOUNDATION IN
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0JERRY INGVALSON
ReturnHeader/Filer/BusinessNameControlTxt0GOPH
ReturnHeader/Filer/EIN0202597898
ReturnHeader/Filer/PhoneNum05077546107
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1081
ReturnHeader/Filer/USAddress/CityNm0GRAND MEADOW
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055936
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId09E4FCB0B8375A1104F21D4980DA1AA2A93E7879B
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0AA2AD88F5E93CE9E7D81CA6B30352AC9B65099E3
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0184.105.27.140
ReturnHeader/FilingSecurityInformation/IPDt02019-05-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm012:53:36
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0465172574
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RJ WERNER ASSOCIATES LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 520
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GRAND MEADOW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0559360520
ReturnHeader/PreparerPersonGrp/PhoneNum05077545010
ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0R J WERNER
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02019-05-15T12:53:36-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,330
Liabilities
-
Net assets
$7,330
Revenue
$2,953
Expenses
$931
Net income
$2,022
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.60$0.00$0.60$0.07$0.10$0.17
2023Detailed filing. Detailed filing data is available for this year.$0.75$0.00$0.75$0.61$0.15$0.47
2022Detailed filing. Detailed filing data is available for this year.$0.28$0.00$0.28$0.14$0.14$0.28
2021Detailed filing. Detailed filing data is available for this year.$0.56$0.56$0.50$0.02$0.48
2020Detailed filing. Detailed filing data is available for this year.$0.08$0.08$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.08$0.08$1.13$1.12$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.07$0.07$0.03$0.01$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.05$0.05$0.03$0.05$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.03$0.03$0.09$0.08$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.02$0.02$0.02$0.06$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.06$0.06$0.71$0.87$0.16
2012Summary only. Only limited summary data is available for this year.$0.22$0.00$0.80$0.75$0.05
2011Summary only. Only limited summary data is available for this year.$0.17$0.00$0.66$0.59$0.06