Civic Intelligence

Verus Community

990EZ • Fiscal year 2015 • EIN 20-2749746

Apr 01, 2014 to Mar 31, 2015 • Filed on Oct 19, 2015

6301 Bluff DriveBloomington, MN 55438

(612) 865-2633

Siviq Scores

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

Liabilities / Assets

94th percentile

0.94x

Higher debt load relative to assets than 94% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

98th percentile

3.41x

Higher debt load relative to revenue than 98% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

65th percentile

11%

Higher net margin than 65% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

44th percentile

-0.7%

Faster asset growth than 44% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

24th percentile

-20%

Faster revenue growth than 24% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$298,412

Down $2,026 (-0.7%) from 2014

Net Assets

$16,449

No earlier filing loaded for comparison.

Liabilities

Down

$281,963

Down $10,891 (-3.7%) from 2014

Revenue

Down

$82,570

Down $20,656 (-20%) from 2014

Expenses

Up

$73,705

Up $2,254 (+3.2%) from 2014

Net Income

Down

$8,865

Down $22,910 (-72%) from 2014

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2012: $284,784Liabilities 2012: $308,8722012Assets 2013: $283,605Liabilities 2013: $307,7962013Assets 2014: $300,438Liabilities 2014: $292,8542014Assets 2015: $298,412Liabilities 2015: $281,963Net Assets 2015: $16,4492015Assets 2016: $295,057Liabilities 2016: $248,074Net Assets 2016: $46,9832016Assets 2017: $284,466Liabilities 2017: $224,088Net Assets 2017: $60,3782017Assets 2018: $306,233Liabilities 2018: $217,020Net Assets 2018: $89,2132018Assets 2019: $314,749Liabilities 2019: $210,700Net Assets 2019: $104,0492019Assets 2020: $331,133Liabilities 2020: $202,955Net Assets 2020: $128,1782020Assets 2021: $324,815Liabilities 2021: $193,616Net Assets 2021: $131,1992021Assets 2022: $338,018Liabilities 2022: $191,703Net Assets 2022: $146,3152022Assets 2023: $420,789Liabilities 2023: $186,991Net Assets 2023: $233,7982023Assets 2024: $444,584Liabilities 2024: $191,415Net Assets 2024: $253,1692024Assets 2025: $478,740Liabilities 2025: $175,374Net Assets 2025: $303,3662025

Highlighted filing

2015

Assets$298,412
Liabilities$281,963
Net Assets$16,449

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2012: $94,350Expenses 2012: $89,205Net Income 2012: $5,1452012Revenue 2013: $87,798Expenses 2013: $87,901Net Income 2013: -$1032013Revenue 2014: $103,226Expenses 2014: $71,451Net Income 2014: $31,7752014Revenue 2015: $82,570Expenses 2015: $73,705Net Income 2015: $8,8652015Revenue 2016: $84,790Expenses 2016: $54,256Net Income 2016: $30,5342016Revenue 2017: $70,196Expenses 2017: $56,801Net Income 2017: $13,3952017Revenue 2018: $86,005Expenses 2018: $57,170Net Income 2018: $28,8352018Revenue 2019: $73,497Expenses 2019: $58,661Net Income 2019: $14,8362019Revenue 2020: $75,954Expenses 2020: $51,825Net Income 2020: $24,1292020Revenue 2021: $100,837Expenses 2021: $97,816Net Income 2021: $3,0212021Revenue 2022: $149,715Expenses 2022: $134,599Net Income 2022: $15,1162022Revenue 2023: $229,861Expenses 2023: $142,378Net Income 2023: $87,4832023Revenue 2024: $145,234Expenses 2024: $125,863Net Income 2024: $19,3712024Revenue 2025: $129,920Expenses 2025: $79,723Net Income 2025: $50,1972025

Highlighted filing

2015

Revenue$82,570
Expenses$73,705
Net Income$8,865
Jump To
Filing Snapshot
Filing Period
Apr 1, 2014 to Mar 31, 2015
Signed
Oct 19, 2015
Return Version
2014v5.0
Gross Receipts
$101,683
Mission and Program Overview

Mission

Verus Community is a faith based organization that comes alongside men in the recovery process and seeks to assist in their transformation into socially responsible men by providing housing, mentoring, employment, and service opportunities.

Program Services

DescriptionGrantsExpenses
HOUSING: The organization owns a six bedroom house in Golden Valley, MN. During the current year, the Organization provided transitional housing for seven men at said "Verus Community House" (formerly called Alpha House). All but one of the men who lived at Verus Community House during the year were graduates of the Salvation Army Adult Rehabilitation Center (ARC) in Minneapolis, MN. Up to five men at a time reside at Verus Community House. The onsite Resident Manager randomly tests the residents for drug and alcohol use and is also responsible for monitoring the activities of all residents. He works directly with the President of Verus Community for the purpose of directing the activities of the house and collecting monthly rent on the first of each month ($425 per month for each resident). The residents are also responsible for caring for the physical needs and upkeep of the the house and its property. Only one member of the Verus Community house relapsed in the 2014-2015 fiscal year.EMPLOYMENT:The Organization either assists members of Verus Community House in finding employment or actually employs them through an online book sales program that sells donated books, CDs and DVDs through Amazon. The Organization also assists Verus Community House residents in the preparation of job resumes and applications and has numerous connections with employers who are inclined to hire residents of the house who are recommended for employment.MENTORING AND TEACHING:Once each week the President and a consulting psychologist meet with the men at Verus Community House for a meal and openly discuss how the residents are doing with their recoveries. Each resident of Verus Community House is asked to meet regularly with a mentor/sponsor, attend Alcohol Anonymous meetings, and participate in a local church congregation.The Organization conducts a Tuesday evening class for all residents of the Salvation Army Adult Rehabilitation Center. In addition the president of Verus Community and members of Verus Community House regularly sponsor as well as provide mentoring for residents of the Salvation Army ARC.SERVING:The residents of Verus Community House are required to serve in various volunteer capacities. During the 2014-2015 fiscal year, the residents of Verus Community House engaged in the sponsoring and mentoring of men still in treatment for drug and alcohol addiction in the ARC. The men of the house periodically host afternoon/evening barbecue and fellowship events on the Verus Community House property for men in treatment at the ARC followed by an AA Big Book Meeting. On the first Monday of each month as well as throughout the month, the staff of Verus Community and the men of Verus Community House assist in the feeding of lower income people and the homeless in the North Minneapolis area through a partnership with an organization called Loaves And Fishes. The Verus Community House men also assist the staff in organizing and hosting the annual Verus Community Golf Challenge, the Organizations primary fund-raising event of the year. The staff and other Verus volunteers also routinely visit men in various prisons and jails, appear at court hearings, assist others with a variety of legal and financial issues, and provide transportation for some of the men who have no driver's license. The staff and men of Verus Community House assisted in constructing sidewalk seating, tables and flower pots for 'The Beat,' an emergent-style coffee shop/church in South Minneapolis. The resident manager of Verus Community House, a former graduate of the ARC, now serves in a full-time counseling capacity at the Salvation Army ARC.RECREATION:The staff and volunteers provide recreational activities for the residents of Verus Community House and participants of the ARC, including picnics, trips to the BWCA, fishing, golfing, bowling, attending sporting events, and more.$0$69,884
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kent R GarborgPresidentPT$0--
Dr John F SullivanVice President-$0--
Betty L GarborgTreasurer/SecretaryPT$0--
John BusackerBoard Member-$0--
Brian KamstraBoard Member-$0--
Paul BergBoard Member-$0--
Sue KrautkramerBoard Member-$0--
Doug KingsriterBoard Chair-$0--
Carl JohnsonBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Verus Community
EIN
20-2749746
Phone
6128652633
Address
6301 Bluff Drive, Bloomington, MN 55438

Signing Officer

Name
Kent Garborg
Title
President
Phone
6128652633
Signed
2015-10-19
Discuss with paid preparer
Yes

Preparer

Firm
Mark T Lindstrom CPA LLC
Address
5841 Cedar Lake Rd S Suite 111, Minneapolis, MN 55416
Preparer
Mark T Lindstrom CPA
Phone
9529941040
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 4 - Other Investment Income

Description: Interest Income. Amount: 7.

Form 990-EZ, Part I, Line 7 - Sales of Inventory

Income: Gross Receipts: 33,004. Returns and Allowances: 0. Less Cost of Goods Sold: 19,113. Gross Profit: 13,891. Cost of Goods Sold: Inventory at Beginning of Year: 0. Merchandise Purchased: 0. Cost of Labor: 0. Materials and Supplies: 0. Other Costs: 19,113. Inventory at End of Year: 0. Cost of Goods Sold: 19,113.

Form 990-EZ, Part I, Line 7B - Other Costs

Description: ACC Bold Exp. Amount: 19,101. Description: Vehicle. Amount: 12. Total included on Form 990-EZ, Part I, line 7b: 19,113.

Form 990-EZ, Part I, Line 14

Description: Depreciation/Amortization. Amount: 8,082. Description: Other Expenses. Amount: 230. Total to Form 990-EZ, line 14: 8,312.

Form 990-EZ, Part I, Line 16 - Other Expenses

Description: Verus House Expense. Amount: 15,808. Description: Bank Charges. Amount: 103. Description: Ministry Operating Expense. Amount: 1,897. Description: Project Expense. Amount: 139. Description: Miscellaneous Expense. Amount: 531. Description: Office Expenses. Amount: 426. Description: Travel and Meetings. Amount: 1,543. Description: Real Estate Taxes. Amount: 4,594. Description: Interest Expense. Amount: 10,780. Description: Website Fees. Amount: 1,130. Description: Payroll Taxes. Amount: 428. Description: Payroll Administration. Amount: 1,045. Description: Entertainment. Amount: 449. Description: Events. Amount: 3,374. Description: Counseling Fees. Amount: 17,000. Description: MN Annual Report Fee. Amount: 25. Total to Form 990-EZ, line 16: 59,272.

Form 990-EZ, Part II, Line 24 - Other Assets

Description: AR. Beg. of Year Amount: -127. End of Year Amount: 0. Description: Short-term Advance Receivable. Beg. of Year Amount: 80. End of Year Amount: 0. Description: Other Depreciable Assets. Beg. of Year Amount: 4,714. End of Year Amount: 3,807.

Form 990-EZ, Part II, Line 26 - Other Liabilities

Description: Mortgage Payable. Beg. of Year Amount: 288,380. End of Year Amount: 279,321. Description: Damagage Deposits. Beg. of Year Amount: 1,350. End of Year Amount: 1,350. Description: Credit Card Payable. Beg. of Year Amount: 3,095. End of Year Amount: 1,224. Description: Short-term Loan from Officer. Beg. of Year Amount: 29. End of Year Amount: 68.

Raw XML Appendix208 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.

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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0HOUSING: The organization owns a six bedroom house in Golden Valley, MN. During the current year, the Organization provided transitional housing for seven men at said "Verus Community House" (formerly called Alpha House). All but one of the men who lived at Verus Community House during the year were graduates of the Salvation Army Adult Rehabilitation Center (ARC) in Minneapolis, MN. Up to five men at a time reside at Verus Community House. The onsite Resident Manager randomly tests the residents for drug and alcohol use and is also responsible for monitoring the activities of all residents. He works directly with the President of Verus Community for the purpose of directing the activities of the house and collecting monthly rent on the first of each month ($425 per month for each resident). The residents are also responsible for caring for the physical needs and upkeep of the the house and its property. Only one member of the Verus Community house relapsed in the 2014-2015 fiscal year.EMPLOYMENT:The Organization either assists members of Verus Community House in finding employment or actually employs them through an online book sales program that sells donated books, CDs and DVDs through Amazon. The Organization also assists Verus Community House residents in the preparation of job resumes and applications and has numerous connections with employers who are inclined to hire residents of the house who are recommended for employment.MENTORING AND TEACHING:Once each week the President and a consulting psychologist meet with the men at Verus Community House for a meal and openly discuss how the residents are doing with their recoveries. Each resident of Verus Community House is asked to meet regularly with a mentor/sponsor, attend Alcohol Anonymous meetings, and participate in a local church congregation.The Organization conducts a Tuesday evening class for all residents of the Salvation Army Adult Rehabilitation Center. In addition the president of Verus Community and members of Verus Community House regularly sponsor as well as provide mentoring for residents of the Salvation Army ARC.SERVING:The residents of Verus Community House are required to serve in various volunteer capacities. During the 2014-2015 fiscal year, the residents of Verus Community House engaged in the sponsoring and mentoring of men still in treatment for drug and alcohol addiction in the ARC. The men of the house periodically host afternoon/evening barbecue and fellowship events on the Verus Community House property for men in treatment at the ARC followed by an AA Big Book Meeting. On the first Monday of each month as well as throughout the month, the staff of Verus Community and the men of Verus Community House assist in the feeding of lower income people and the homeless in the North Minneapolis area through a partnership with an organization called Loaves And Fishes. The Verus Community House men also assist the staff in organizing and hosting the annual Verus Community Golf Challenge, the Organizations primary fund-raising event of the year. The staff and other Verus volunteers also routinely visit men in various prisons and jails, appear at court hearings, assist others with a variety of legal and financial issues, and provide transportation for some of the men who have no driver's license. The staff and men of Verus Community House assisted in constructing sidewalk seating, tables and flower pots for 'The Beat,' an emergent-style coffee shop/church in South Minneapolis. The resident manager of Verus Community House, a former graduate of the ARC, now serves in a full-time counseling capacity at the Salvation Army ARC.RECREATION:The staff and volunteers provide recreational activities for the residents of Verus Community House and participants of the ARC, including picnics, trips to the BWCA, fishing, golfing, bowling, attending sporting events, and more.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: ACC Bold Exp. Amount: 19,101. Description: Vehicle. Amount: 12. Total included on Form 990-EZ, Part I, line 7b: 19,113.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: Depreciation/Amortization. Amount: 8,082. Description: Other Expenses. Amount: 230. Total to Form 990-EZ, line 14: 8,312.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description: Verus House Expense. Amount: 15,808. Description: Bank Charges. Amount: 103. Description: Ministry Operating Expense. Amount: 1,897. Description: Project Expense. Amount: 139. Description: Miscellaneous Expense. Amount: 531. Description: Office Expenses. Amount: 426. Description: Travel and Meetings. Amount: 1,543. Description: Real Estate Taxes. Amount: 4,594. Description: Interest Expense. Amount: 10,780. Description: Website Fees. Amount: 1,130. Description: Payroll Taxes. Amount: 428. Description: Payroll Administration. Amount: 1,045. Description: Entertainment. Amount: 449. Description: Events. Amount: 3,374. Description: Counseling Fees. Amount: 17,000. Description: MN Annual Report Fee. Amount: 25. Total to Form 990-EZ, line 16: 59,272.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Description: AR. Beg. of Year Amount: -127. End of Year Amount: 0. Description: Short-term Advance Receivable. Beg. of Year Amount: 80. End of Year Amount: 0. Description: Other Depreciable Assets. Beg. of Year Amount: 4,714. End of Year Amount: 3,807.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Description: Mortgage Payable. Beg. of Year Amount: 288,380. End of Year Amount: 279,321. Description: Damagage Deposits. Beg. of Year Amount: 1,350. End of Year Amount: 1,350. Description: Credit Card Payable. Beg. of Year Amount: 3,095. End of Year Amount: 1,224. Description: Short-term Loan from Officer. Beg. of Year Amount: 29. End of Year Amount: 68.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 4 - Other Investment Income
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 7 - Sales of Inventory
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 7b - Other Costs
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part II, Line 24 - Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part II, Line 26 - Other Liabilities
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Kent Garborg
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum06128652633
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-10-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Verus Community
ReturnHeader/Filer/BusinessNameControlTxt0VERU
ReturnHeader/Filer/EIN0202749746
ReturnHeader/Filer/PhoneNum06128652633
ReturnHeader/Filer/USAddress/AddressLine1Txt06301 Bluff Drive
ReturnHeader/Filer/USAddress/CityNm0Bloomington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055438
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0453749396
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Mark T Lindstrom CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05841 Cedar Lake Rd S Suite 111
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Minneapolis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055416
ReturnHeader/PreparerPersonGrp/PhoneNum09529941040
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Mark T Lindstrom CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02015-10-19T11:24:58-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-04-01
ReturnHeader/TaxPeriodEndDt02015-03-31
ReturnHeader/TaxYr02014

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.79$1.75$3.03$1.30$0.80$0.50
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.45$1.91$2.53$1.45$1.26$0.19
2023Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.21$1.87$2.34$2.30$1.42$0.87
2022Detailed filing. Detailed filing data is available for this year.$3.38$1.92$1.46$1.50$1.35$0.15
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.25$1.94$1.31$1.01$0.98$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.31$2.03$1.28$0.76$0.52$0.24
2019Detailed filing. Detailed filing data is available for this year.$3.15$2.11$1.04$0.73$0.59$0.15
2018Detailed filing. Detailed filing data is available for this year.$3.06$2.17$0.89$0.86$0.57$0.29
2017Detailed filing. Detailed filing data is available for this year.$2.84$2.24$0.60$0.70$0.57$0.13
2016Detailed filing. Detailed filing data is available for this year.$2.95$2.48$0.47$0.85$0.54$0.31
2015Detailed filing. Detailed filing data is available for this year.$2.98$2.82$0.16$0.83$0.74$0.09
2014Summary only. Only limited summary data is available for this year.$3.00$2.93$1.03$0.71$0.32
2013Summary only. Only limited summary data is available for this year.$2.84$3.08$0.88$0.88$0.00
2012Summary only. Only limited summary data is available for this year.$2.85$3.09$0.94$0.89$0.05