Civic Intelligence

Greater Mankato Diversity Council

990 • Fiscal year 2018 • EIN 20-4627525

Jul 01, 2017 to Jun 30, 2018 • Filed on Feb 12, 2019

PO Box 166Mankato, MN 56002

(507) 385-6652

Siviq Scores

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

Liabilities / Assets

91st percentile

0.57x

Higher debt load relative to assets than 91% of similar nonprofits.

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

Liabilities / Revenue

82nd percentile

0.09x

Higher debt load relative to revenue than 82% of similar nonprofits.

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

Net Margin

58th percentile

7.1%

Higher net margin than 58% of similar nonprofits.

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

Top Officer Pay

95th percentile

$60,700

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 27.4% of source-year revenue.

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

Asset Growth

89th percentile

79%

Faster asset growth than 89% of similar nonprofits.

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

Revenue Growth

80th percentile

33%

Faster revenue growth than 80% of similar nonprofits.

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

Assets

Up

$35,903

Up $15,888 (+79%) from 2017

Net Assets

Up

$15,560

Up $15,684 (+12648%) from 2017

Liabilities

Up

$20,343

Up $204 (+1.0%) from 2017

Revenue

Up

$221,393

Up $54,882 (+33%) from 2017

Expenses

Up

$205,709

Up $34,961 (+20%) from 2017

Net Income

Up

$15,684

Up $19,921 (+470%) from 2017

Historical Trend

Balance Sheet Trend

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

$100K$50K$0-$50KAssets 2010: $93,767Liabilities 2010: $99,193Net Assets 2010: -$5,4262010Assets 2011: $88,184Liabilities 2011: $90,908Net Assets 2011: -$2,7242011Assets 2012: $92,830Liabilities 2012: $92,023Net Assets 2012: $8072012Assets 2013: $86,582Liabilities 2013: $90,404Net Assets 2013: -$3,8222013Assets 2014: $7,442Liabilities 2014: $13,359Net Assets 2014: -$5,9172014Assets 2015: $3,547Liabilities 2015: $13,959Net Assets 2015: -$10,4122015Assets 2016: $8,195Liabilities 2016: $4,082Net Assets 2016: $4,1132016Assets 2017: $20,015Liabilities 2017: $20,139Net Assets 2017: -$1242017Assets 2018: $35,903Liabilities 2018: $20,343Net Assets 2018: $15,5602018Assets 2019: $25,096Liabilities 2019: $20,666Net Assets 2019: $4,4302019Assets 2020: $23,268Liabilities 2020: $9,513Net Assets 2020: $13,7552020Assets 2021: $71,050Liabilities 2021: $11,253Net Assets 2021: $59,7972021Assets 2022: $79,906Liabilities 2022: $12,162Net Assets 2022: $67,7442022Assets 2023: $49,092Liabilities 2023: $6,2602023Assets 2024: $19,706Liabilities 2024: $1,721Net Assets 2024: $17,9852024

Highlighted filing

2018

Assets$35,903
Liabilities$20,343
Net Assets$15,560

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2010: $183,1252010Expenses 2011: $174,0082011Expenses 2012: $178,1582012Expenses 2013: $202,7252013Revenue 2014: $208,489Expenses 2014: $210,584Net Income 2014: -$2,0952014Revenue 2015: $153,912Expenses 2015: $158,407Net Income 2015: -$4,4952015Revenue 2016: $161,294Expenses 2016: $146,769Net Income 2016: $14,5252016Revenue 2017: $166,511Expenses 2017: $170,748Net Income 2017: -$4,2372017Revenue 2018: $221,393Expenses 2018: $205,709Net Income 2018: $15,6842018Revenue 2019: $219,299Expenses 2019: $230,429Net Income 2019: -$11,1302019Revenue 2020: $204,531Expenses 2020: $195,206Net Income 2020: $9,3252020Revenue 2021: $268,497Expenses 2021: $222,455Net Income 2021: $46,0422021Revenue 2022: $181,577Expenses 2022: $173,630Net Income 2022: $7,9472022Revenue 2023: $141,028Expenses 2023: $165,940Net Income 2023: -$24,9122023Revenue 2024: $130,032Expenses 2024: $154,879Net Income 2024: -$24,8472024

Highlighted filing

2018

Revenue$221,393
Expenses$205,709
Net Income$15,684
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Feb 12, 2019
Return Version
2017v2.2
Gross Receipts
$221,393
Mission and Program Overview

Mission

Our mission is to provide diversity education as a catalyst for social and economic success. Gmdc strives to give people an understanding of diversity and build their cultural competence through promoting respect workshops, multi-cultural activities, and diversity events .

Our mission is to provide diversity education as a catalyst for social and economic success.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$14,037$25,047▲ $11,010
Cash and Non-Interest-Bearing Accounts$5,544$4,214▼ $1,330
Accounts Receivable-$4,000-
Land, Buildings, and Equipment, Net$434$2,641▲ $2,207
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$20,015$35,903▲ $15,888
Other Assets Total-$1-
Liabilities
Deferred Revenue$15,750$15,750→ $0
Other Liabilities-$3,643-
Accounts Payable and Accrued Expenses$4,389$950▼ $3,439
Total Liabilities$20,139$20,343▲ $204
Net Assets / Fund Balance
Unrestricted Net Assets$-124$15,560▲ $15,684
Total Net Assets Fund Balance$-124$15,560▲ $15,684
Total Liabilities and Net Assets / Fund Balance$20,015$35,903▲ $15,888

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,641$9,304$11,945
Other Land Buildings-$5,042$5,042
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Bukata HayesExecutive DirectorFT$60,700$60,700

Board Members and Trustees

NameTitle
Cindy MccabePast President
Thomas FlunkerPresident
Jeni KolstadVice President
Adam BemmelsDirector
Audra NissenDirector
Heather MuellerDirector
Jean HaarDirector
Karen ForemanDirector
Kelley HaederDirector
Kingsley IheasirimDirector
Mitzi KennedyDirector
Vance StuehrenbergDirector
Wayne TerryDirector
Guadalupe QuinteroTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$119,003
Program Service Revenue
$102,381
Investment Income
$9
Other Revenue
$0
All Other Contributions
$61,003
Change in Net Assets
$15,684
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$130,412
Other Expenses$75,297
Total Fundraising Expense$7,914
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$48,560$12,140-$60,700
Other Salaries and Wages$32,349$27,929-$60,278
Payroll Taxes$7,547$1,887-$9,434
Occupancy$5,450$3,635-$9,085
Advertising--$7,914$7,914
Fees for Services Accounting$2,334$1,556-$3,890
All Other Expenses$2,194$961-$3,155
Insurance$1,875$982-$2,857
Office Expenses$661$440-$1,101
Other Expenses$634$422-$1,056
Depreciation Depletion$339$226-$565
Travel$46$12-$58
Total Functional Expenses$146,729$51,066$7,914$205,709
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$3,643
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 family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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, Line 11B: Form 990 Review Process

Gmdc presents the form 990 tax return to the board of directors via electronic copy emailed prior to a monthly board meeting. Hard copies are brought to the board meeting. Board members are directed to review the 990 provided via email prior to the meeting. Board members are then given the opportunity to review the 990 again at the board meeting, ask any clarification of items on the return, and raise any questions or concerns regarding the copy provided. After review, the president of the board requests a motion to accept form 990 for filing and the board casts their vote. After form 990 has been accepted, the executive director informs the tax preparer to process it for electronic filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The conflict of interest policy is reveiwed by the board of directors each year. All board members are to report any conflicts of interest. Members self report if a conflict arises throughout the year. Any member is asked to recuse themselves from a board vote if a conflict is identified.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Executive director prepares and presents the executive committee with an annual budget. The committee reviews the annual budget. The committee proposes the staff compensation to be included in the annual budget. The annual budget, after committee approval is submitted to the board of directors for approval.

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

The greater mankato diversity council makes all documents and policies available to the public upon request via postal mail, electronic request (website or email), and/or in person. Some documents are available on our website.

Filing and Contact Details

Filer

Filer Name
Greater Mankato Diversity Council
EIN
20-4627525
Phone
5073856652
Address
PO BOX 166, MANKATO, MN 56002

Signing Officer

Name
Bukata Hayes
Title
Executive Director
Signed
2019-02-12
Discuss with paid preparer
Yes

Organization Details

Formed
2006
Legal Domicile
Mn
Voting Board Members
15
Independent Board Members
14
Employees
4
Volunteers
25

Preparer

Firm
James C Buseth PA
Address
120 N Augusta Ct Suite 105, Mankato, MN 56001
Preparer
Chad J Witte
Phone
5073853544
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

Other program services 4: other program servicesgmdc facilitates and partners with other community organizations with events in various communities to promote diversity and inclusion. Organized events include multi-year "write on race" to bring community members together to discuss diversity issues, annual mlk celebration, and "juneteenth" celebration to commemorate the end of slavery.

Diversity Council Events

Various diversity council events

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IRS990/Form990PartVIISectionAGrp/TitleTxt12Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt13Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt14Treasurer
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IRS990/MissionDesc0OUR MISSION IS TO PROVIDE DIVERSITY EDUCATION AS A CATALYST FOR SOCIAL AND ECONOMIC SUCCESS. GMDC STRIVES TO GIVE PEOPLE AN UNDERSTANDING OF DIVERSITY AND BUILD THEIR CULTURAL COMPETENCE THROUGH PROMOTING RESPECT WORKSHOPS, MULTI-CULTURAL ACTIVITIES, AND DIVERSITY EVENTS.
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherExpensesGrp/Desc2MEETING EXPENSE
IRS990/OtherExpensesGrp/Desc3TECHNOLOGY EXPENSE
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IRS990/OtherExpensesGrp/ProgramServicesAmt113175
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01887
IRS990/PayrollTaxesGrp/ProgramServicesAmt07547
IRS990/PayrollTaxesGrp/TotalAmt09434
IRS990/PensionPlanContributionsGrp/TotalAmt00
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IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
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IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/Desc0DIVERSITY TRAINING
IRS990/ProgramServiceRevenueGrp/Desc1OTHER SERVICES
IRS990/ProgramServiceRevenueGrp/Desc2PROMOTING RESPECT
IRS990/ProgramServiceRevenueGrp/Desc3STEM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt033499
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt17882
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt249000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt312000
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt17882
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt249000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt312000
IRS990/ProgSrvcAccomActy2Grp/Desc0DIVERSITY TRAININGGMDC PROVIDES DIVERSITY AWARENESS AND PREJUDICE REDUCTION TRAINING FOR STAFF OF AREA ORGANIZATIONS THROUGH ITS OWN DEVELOPED CURRICULUM. THE CURRICULUM IS A MULTI-FACETED, INTERCHANGEABLE DIVERSITY TRAINING MODULE THAT EFFECTIVELY ADDRESSES EACH INDIVIDUAL BUSINESS' DIVERSITY NEEDS. MUTUAL RESPECT AND CIVILITY IS AN INTEGRAL PART OF THE WORKPLACE. DIVERSITY TRAINING PROVIDED BY GMDC IS CUSTOMIZED TO THE NEEDS OF THE ORGANIZATION. INFORMATION IS GATHERED FOR ANY AREA OF CONCERN OR WHERE THE ORGANIZATION IS BEING DILIGENT TO PREVENT DISCRIMINATION AND HARASSMENT. THE ORGANIZATION'S STAFF IS INTERVIEWED TO CREATE A PLAN FOR THE TRAINING TO INCLUDE TESTED CURRICULUM ELEMENTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt042966
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt033499
IRS990/ProgSrvcAccomActy3Grp/Desc0OTHER PROGRAM SERVICESGMDC FACILITATES AND PARTNERS WITH OTHER COMMUNITY ORGANIZATIONS WITH EVENTS IN VARIOUS COMMUNITIES TO PROMOTE DIVERSITY AND INCLUSION. ORGANIZED EVENTS INCLUDE MULTI-YEAR "WRITE ON RACE" TO BRING COMMUNITY MEMBERS TOGETHER TO DISCUSS DIVERSITY ISSUES, ANNUAL MLK CELEBRATION, AND "JUNETEENTH" CELEBRATION TO COMMEMORATE THE END OF SLAVERY.
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IRS990/ProgSrvcAccomActy3Grp/RevenueAmt07882
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IRS990/PYContributionsGrantsAmt099951
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IRS990/PYInvestmentIncomeAmt03
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IRS990/PYOtherExpensesAmt062234
IRS990/PYProgramServiceRevenueAmt066557
IRS990/PYRevenuesLessExpensesAmt0-4237
IRS990/PYSalariesCompEmpBnftPaidAmt0108514
IRS990/PYTotalExpensesAmt0170748
IRS990/PYTotalRevenueAmt0166511
IRS990/QuidProQuoContributionsInd0false
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IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.20$0.02$0.18$1.30$1.55$0.25
2023Summary only. Only limited summary data is available for this year.$0.49$0.06$1.41$1.66$0.25
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.80$0.12$0.68$1.82$1.74$0.08
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.11$0.60$2.68$2.22$0.46
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.23$0.10$0.14$2.05$1.95$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.25$0.21$0.04$2.19$2.30$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.36$0.20$0.16$2.21$2.06$0.16
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$0.20$0.00$1.67$1.71$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.08$0.04$0.04$1.61$1.47$0.15
2015Summary only. Only limited summary data is available for this year.$0.04$0.14$0.10$1.54$1.58$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.07$0.13$0.06$2.08$2.11$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.90$0.04$2.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$0.92$0.01$1.78
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$0.91$0.03$1.74
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.99$0.05$1.83
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)3 • <$500k nonprofits