Civic Intelligence

Goodword Partnership

EIN 20-3545214 • 501(c)3 • Edina, MN

Profile

Goodword partnership exists to equip and stimulate the local church and evangelist worldwide in fulfilling their calling of inviting people of all ages and nationalities to a relationship with jesus christ through public proclamation of the gospel.

4619 Arden AveEdina, MN 55424

www.goodwordparternship.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

66th percentile

0.01x

Higher debt load relative to assets than 66% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

67th percentile

0.01x

Higher debt load relative to revenue than 67% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

31st percentile

-9.5%

Higher net margin than 31% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

38th percentile

-11%

Faster asset growth than 38% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

65th percentile

11%

Faster revenue growth than 65% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets66th percentile

Assets

Down

$364,536

Down $43,011 (-11%) from 2023

Liabilities

Down

$3,412

Down $45 (-1.3%) from 2023

Net Assets

Down

$361,124

Down $42,966 (-11%) from 2023

Operations
Liabilities / Revenue67th percentileNet Margin31st percentile

Revenue

Up

$454,100

Up $46,628 (+11%) from 2023

Expenses

Down

$497,067

Down $183,842 (-27%) from 2023

Net Income

Up

-$42,967

Up $230,470 (+84%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth38th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2010: $10,916Liabilities 2010: $0Net Assets 2010: $10,9162010Assets 2011: $55,397Liabilities 2011: $1,650Net Assets 2011: $53,7472011Assets 2012: $40,350Liabilities 2012: $6,549Net Assets 2012: $33,8012012Assets 2013: $133,364Liabilities 2013: $9,303Net Assets 2013: $124,0612013Assets 2014: $238,745Liabilities 2014: $10,350Net Assets 2014: $228,3952014Assets 2015: $263,787Liabilities 2015: $3,951Net Assets 2015: $259,8362015Assets 2016: $298,552Liabilities 2016: $5,150Net Assets 2016: $293,4022016Assets 2017: $242,337Liabilities 2017: $11,165Net Assets 2017: $231,1722017Assets 2018: $256,985Liabilities 2018: $14,211Net Assets 2018: $242,7742018Assets 2019: $198,870Liabilities 2019: $15,115Net Assets 2019: $183,7552019Assets 2020: $286,158Liabilities 2020: $29,615Net Assets 2020: $256,5432020Assets 2021: $304,682Liabilities 2021: $3,375Net Assets 2021: $301,3072021Assets 2022: $680,801Liabilities 2022: $3,275Net Assets 2022: $677,5262022Assets 2023: $407,547Liabilities 2023: $3,457Net Assets 2023: $404,0902023Assets 2024: $364,536Liabilities 2024: $3,412Net Assets 2024: $361,1242024

Highlighted filing

2024

Assets$364,536
Liabilities$3,412
Net Assets$361,124
Open 2024 Filing

Operations Trend

Revenue Growth65th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2010: $109,349Expenses 2010: $132,661Net Income 2010: -$23,3122010Revenue 2011: $219,224Expenses 2011: $176,393Net Income 2011: $42,8312011Revenue 2012: $246,360Expenses 2012: $266,306Net Income 2012: -$19,9462012Revenue 2013: $365,242Expenses 2013: $274,982Net Income 2013: $90,2602013Revenue 2014: $457,437Expenses 2014: $352,832Net Income 2014: $104,6052014Revenue 2015: $316,344Expenses 2015: $284,903Net Income 2015: $31,4412015Revenue 2016: $291,018Expenses 2016: $257,452Net Income 2016: $33,5662016Revenue 2017: $315,253Expenses 2017: $377,483Net Income 2017: -$62,2302017Revenue 2018: $295,673Expenses 2018: $284,071Net Income 2018: $11,6022018Revenue 2019: $300,804Expenses 2019: $359,824Net Income 2019: -$59,0202019Revenue 2020: $330,943Expenses 2020: $258,154Net Income 2020: $72,7892020Revenue 2021: $315,476Expenses 2021: $270,711Net Income 2021: $44,7652021Revenue 2022: $1,227,936Expenses 2022: $851,717Net Income 2022: $376,2192022Revenue 2023: $407,472Expenses 2023: $680,909Net Income 2023: -$273,4372023Revenue 2024: $454,100Expenses 2024: $497,067Net Income 2024: -$42,9672024

Highlighted filing

2024

Revenue$454,100
Expenses$497,067
Net Income-$42,967
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$364,536
Liabilities
$3,412
Net assets
$361,124
Revenue
$454,100
Expenses
$497,067
Net income
-$42,967
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.00$0.36$0.45$0.50$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.41$0.00$0.40$0.41$0.68$0.27
2022Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$1.23$0.85$0.38
2021Detailed filing. Detailed filing data is available for this year.$0.30$0.00$0.30$0.32$0.27$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.29$0.03$0.26$0.33$0.26$0.07
2019Summary only. Only limited summary data is available for this year.$0.20$0.02$0.18$0.30$0.36$0.06
2018Summary only. Only limited summary data is available for this year.$0.26$0.01$0.24$0.30$0.28$0.01
2017Summary only. Only limited summary data is available for this year.$0.24$0.01$0.23$0.32$0.38$0.06
2016Summary only. Only limited summary data is available for this year.$0.30$0.01$0.29$0.29$0.26$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$0.32$0.28$0.03
2014Summary only. Only limited summary data is available for this year.$0.24$0.01$0.23$0.46$0.35$0.10
2013Summary only. Only limited summary data is available for this year.$0.13$0.01$0.12$0.37$0.27$0.09
2012Summary only. Only limited summary data is available for this year.$0.04$0.01$0.03$0.25$0.27$0.02
2011Summary only. Only limited summary data is available for this year.$0.06$0.00$0.05$0.22$0.18$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.00$0.01$0.11$0.13$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 6, 2025
Return Version
2024v5.2
Gross Receipts
$454,100
Mission and Program Overview

Mission

Goodword partnership exists to equip and stimulate the local church and evangelist worldwide in fulfilling their calling of inviting people of all ages and nationalities to a relationship with jesus christ through public proclamation of the gospel.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$407,547$364,536▼ $43,011
Savings and Temporary Cash Investments-$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-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$407,547$364,536▼ $43,011
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$3,457$3,412▼ $45
Total Liabilities$3,457$3,412▼ $45
Net Assets / Fund Balance
Net Assets With Donor Restrictions$40,000$307,720▲ $267,720
Net Assets Without Donor Restrictions$364,090$53,404▼ $310,686
Total Net Assets Fund Balance$404,090$361,124▼ $42,966
Total Liabilities and Net Assets / Fund Balance$407,547$364,536▼ $43,011
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Rev Blair T CarlsonFounder & DirecFT$85,500$85,500
Royston KruseSecretaryFT$54,000$54,000

Board Members and Trustees

NameTitle
Larry BacklundBoard Member
Todd JohnsonBoard Member
Daniel FineTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$448,790
Program Service Revenue
$0
Investment Income
$5,310
Other Revenue
$0
All Other Contributions
$448,790
Change in Net Assets
$-42,967
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$329,271
Salaries, Compensation, and Employee Benefits$167,796
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$120,990$42,510-$163,500
Conferences and Meetings$30,000--$30,000
Fees for Services Other-$7,176-$7,176
Payroll Taxes$3,179$1,117-$4,296
All Other Expenses$2,035$1,717-$3,752
Other Expenses$2,216$1,404-$2,216
Occupancy$1,904--$1,904
Insurance$561$197-$758
Total Functional Expenses$442,946$54,121$0$497,067
International Activity

International Summary

Spending
$288,023

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Sub-saharan AfricaProgram Services990 Pt Iii Lines 4a-4c00$182,796
Russia & NeighborsProgram Services990 Pt Iii Lines 4a-4c00$86,199
East Asia & the PacificProgram Services990 Pt Iii Lines 4a-4c00$19,028
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
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
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, Part VI, Section B, Line 11B

“The completed 990 is provided to the board of directors for review. The board will either approve the 990 for filing or send back the 990 to the accountant for adjustments and changes.”

Form 990, Part VI, Section B, Line 12C

“At the annual meeting of the board all directors and officers are asked to disclose any conflict of interest and sign the organization's conflict of interest policy”

Form 990, Part VI, Section C, Line 19

“Governing documents, policies, and financial statements will be provided to anyone who requests them from the goodword partnership office”

Filing and Contact Details

Filer

Filer Name
Goodword Partnership
EIN
20-3545214
Phone
9529208341
Address
4619 ARDEN AVE, EDINA, MN 55424

Signing Officer

Name
Rev Blair T Carlson
Title
Founder & Direc
Signed
2025-11-06
Discuss with paid preparer
Yes

Organization Details

Formed
2005
Legal Domicile
Mn
Voting Board Members
5
Independent Board Members
3
Employees
2

Preparer

Firm
Haworth & Company Ltd
Address
1880 Livingston Avenue Suite 201, West Saint Paul, MN 55118
Preparer
Matthew Kissell CPA
Phone
6514519373
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“ROUNDING = $1”

Raw XML AppendixShowing 400 of 407 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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IRS990/ProgSrvcAccomActy3Grp/Desc0TRAINING IN CHURCH MOBILIZATION: TEACHING PASTORS ABROAD HOW TO MOBILIZE CONGREGATIONS IN WITNESSING AND FOLLOW UP WITH NEW BELIEVERS.
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IRS990ScheduleA/OtherIncome170Grp/TotalAmt03160
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IRS990ScheduleA/PublicSupportPY170Pct00.99760
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0RUSSIA & NEIGHBORS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1SUB-SAHARAN AFRICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2EAST ASIA & THE PACIFIC
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0990 PT III LINES 4A-4C
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1990 PT III LINES 4A-4C
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt2990 PT III LINES 4A-4C
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1PROGRAM SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2PROGRAM SERVICES
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IRS990ScheduleF/GrantRecordsMaintainedInd0true
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IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE COMPLETED 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW. THE BOARD WILL EITHER APPROVE THE 990 FOR FILING OR SEND BACK THE 990 TO THE ACCOUNTANT FOR ADJUSTMENTS AND CHANGES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AT THE ANNUAL MEETING OF THE BOARD ALL DIRECTORS AND OFFICERS ARE ASKED TO DISCLOSE ANY CONFLICT OF INTEREST AND SIGN THE ORGANIZATION'S CONFLICT OF INTEREST POLICY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS WILL BE PROVIDED TO ANYONE WHO REQUESTS THEM FROM THE GOODWORD PARTNERSHIP OFFICE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ROUNDING = $1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part XI, Line 9
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0497067
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0454100
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04619 ARDEN AVE
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IRS990/WebsiteAddressTxt0www.goodwordparternship.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0REV BLAIR T CARLSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0FOUNDER & DIREC
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GOODWORD PARTNERSHIP
ReturnHeader/Filer/BusinessNameControlTxt0GOOD
ReturnHeader/Filer/EIN0203545214
ReturnHeader/Filer/PhoneNum09529208341
ReturnHeader/Filer/USAddress/AddressLine1Txt04619 ARDEN AVE
ReturnHeader/Filer/USAddress/CityNm0EDINA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411651046
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Haworth & Company Ltd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01880 Livingston Avenue Suite 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0West Saint Paul
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055118

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