Civic Intelligence

Gopher 50 Charitable Foundation In

990EZ • Fiscal year 2021 • EIN 20-2597898

Jan 01, 2021 to Dec 31, 2021 • Filed on Jul 26, 2022

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 2021

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2021

Net Margin

98th percentile

95%

Higher net margin than 98% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

98th percentile

563%

Faster asset growth than 98% of similar nonprofits.

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

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2020 to 2021

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$56,231

Up $47,751 (+563%) from 2020

Net Assets

Up

$56,231

Up $47,751 (+563%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin98th percentile

Revenue

Up

$50,135

Up $50,135 from 2020

Expenses

$2,384

No earlier filing loaded for comparison.

Net Income

$47,751

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth98th 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

2021

Assets$56,231
Liabilities-
Net Assets$56,231
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

2021

Revenue$50,135
Expenses$2,384
Net Income$47,751
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jul 26, 2022
Return Version
2021v4.0
Gross Receipts
$76,008
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.

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

Program Services

DescriptionGrantsExpenses
The Organization holds a once a year racing event open to the public. The proceeds benefit local non-profit organizations in the near communities as well as fundraising for local schools and charities. The 2021 race was rained out.$24,489-
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jerry IngvalsonCEOPT$0--
Chad EischensPresident-$0--
Ron NelsonVice President-$0--
Mike JonesDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gopher 50 Race$30,178$30,178$20,093$10,085
Total Events$30,178$30,178$20,093$10,085
Filing and Contact Details

Filer

Filer Name
Gopher 50 Charitable Foundation
EIN
20-2597898
Phone
5077546107
Address
PO Box 1081, Grand Meadow, MN 55936

Signing Officer

Name
Jerry Ingvalson
Title
CEO
Signed
2022-07-26
Discuss with paid preparer
Yes

Preparer

Firm
Johnson Doerhoefer & Miner PA
Address
314 East Main Street, Blooming Prairie, MN 55917
Preparer
Daniel Miner
Phone
5075837528
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $75”

Other Expenses.1002

“Office Expenses $1180”

Other Expenses.1

“Rescue Coverage $928”

Other Expenses.3

“Meals $90”

Raw XML Appendix180 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum05077545815
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Grand Meadow
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055936
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt08480
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IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/GrossSalesOfInventoryAmt02130
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt08480
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Jerry Ingvalson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Chad Eischens
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Ron Nelson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Mike Jones
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt02273
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 AND PROVIDES FUNDRAISING ACTIVITIES FOR LOCAL CHARITIES.
IRS990EZ/PrintingPublicationsPostageAmt0111
IRS990EZ/ProgramServiceRevenueAmt043700
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The Organization holds a once a year racing event open to the public. The proceeds benefit local non-profit organizations in the near communities as well as fundraising for local schools and charities. The 2021 race was rained out.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt024489
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt020093
IRS990EZ/SpecialEventsNetIncomeLossAmt010085
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt02384
IRS990EZ/TotalProgramServiceExpensesAmt024489
IRS990EZ/TotalRevenueAmt050135
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt076008
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0125205
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0141059
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0127818
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0470090
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.90490
IRS990ScheduleA/PublicSupportPY509Pct00.94140
IRS990ScheduleA/PublicSupportTotal509Amt0425390
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt029700
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt05000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt05000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt05000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt044700
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt029700
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt05000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt05000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt05000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt044700
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt076008
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0125205
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0141059
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0127818
IRS990ScheduleA/Total509Grp/TotalAmt0470090
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt076008
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0125205
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0141059
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0127818
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0470090
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
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt020093
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOPHER 50 RACE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt030178
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt030178
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt030178
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt030178
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt010085
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt020093
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt020093
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $75
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $1180
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Rescue Coverage $928
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Meals $90
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.3
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jerry Ingvalson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-07-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Gopher 50 Charitable Foundation
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CO Jerry 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/PreparerFirmGrp/PreparerFirmEIN0411885911
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Johnson Doerhoefer & Miner PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0314 East Main Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Blooming Prairie
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055917
ReturnHeader/PreparerPersonGrp/PhoneNum05075837528
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Daniel Miner
ReturnHeader/ReturnTs02022-07-26T07:40:27-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Jerry
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Ingvalson
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$56,231
Liabilities
-
Net assets
$56,231
Revenue
$50,135
Expenses
$2,384
Net income
$47,751
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