Civic Intelligence

Freeborn-Mower Operation Round-Up

990EZ • Fiscal year 2023 • EIN 20-8772314

Jan 01, 2023 to Dec 31, 2023 • Filed on Jun 27, 2024

Organization ProfileWWW.FMEC.COOP
3366 Bridge AvenueAlbert Lea, MN 56007

(507) 373-6421

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

18th percentile

-23%

Higher net margin than 18% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

5th percentile

-81%

Faster asset growth than 5% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

44th percentile

-0.2%

Faster revenue growth than 44% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$5,551

Down $23,799 (-81%) from 2022

Net Assets

Down

$5,551

Down $23,799 (-81%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin18th percentile

Revenue

Down

$102,013

Down $182 (-0.2%) from 2022

Expenses

Up

$125,812

Up $4,512 (+3.7%) from 2022

Net Income

Down

-$23,799

Down $4,694 (-25%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

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

$60K$40K$20K$0Assets 2016: $44,597Liabilities 2016: $02016Assets 2017: $18,149Liabilities 2017: $02017Assets 2018: $10,284Liabilities 2018: $02018Assets 2019: $5,593Liabilities 2019: $02019Assets 2020: $25,188Liabilities 2020: $02020Assets 2021: $48,455Liabilities 2021: $0Net Assets 2021: $48,4552021Assets 2022: $29,350Liabilities 2022: $0Net Assets 2022: $29,3502022Assets 2023: $5,551Liabilities 2023: $0Net Assets 2023: $5,5512023Assets 2024: $6,761Liabilities 2024: $0Net Assets 2024: $6,7612024

Highlighted filing

2023

Assets$5,551
Liabilities$0
Net Assets$5,551
Open 2023 Filing

Operations Trend

Revenue Growth44th percentile

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

$150K$100K$50K$0-$50KRevenue 2016: $107,811Expenses 2016: $74,249Net Income 2016: $33,5622016Revenue 2017: $102,518Expenses 2017: $128,967Net Income 2017: -$26,4492017Revenue 2018: $104,291Expenses 2018: $112,156Net Income 2018: -$7,8652018Revenue 2019: $101,746Expenses 2019: $106,437Net Income 2019: -$4,6912019Revenue 2020: $103,017Expenses 2020: $83,422Net Income 2020: $19,5952020Revenue 2021: $102,924Expenses 2021: $79,656Net Income 2021: $23,2682021Revenue 2022: $102,195Expenses 2022: $121,300Net Income 2022: -$19,1052022Revenue 2023: $102,013Expenses 2023: $125,812Net Income 2023: -$23,7992023Revenue 2024: $102,918Expenses 2024: $101,708Net Income 2024: $1,2102024

Highlighted filing

2023

Revenue$102,013
Expenses$125,812
Net Income-$23,799
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jun 27, 2024
Return Version
2023v5.1
Gross Receipts
$102,013
Mission and Program Overview

Mission

The organization receives funds from freeborn mower electric cooperative's members who "round up" their electric bils. The funds are distributed for charitable and educational purposes, primarily within the geographic area served by freeborn mower electric cooperative.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION COLLECTS AND DISBURSES FUNDS FOR CHARITABLE AND EDUCATIONAL PURPOSES.$125,812$125,812
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SANDY FORSTNER RETIRED JAN 2024Board Chair-$0--
DARRELL INGVALDSONVice Chair, Board Chair Jan 2024-$0--
BRENDA WICHMANSecretary-$0--
JONI OSMUNDSONTreasurer-$0--
RHONDA ALLISONDirector, Vice Chair January 2024-$0--
DAN BODENSTEINERTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Freeborn Mower Operation Round Up
EIN
20-8772314
Phone
5073736421
Address
3366 BRIDGE AVENUE, ALBERT LEA, MN 56007

Signing Officer

Name
Darrell Ingvaldson
Title
Chair
Phone
5073736421
Signed
2024-06-27
Raw XML Appendix142 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DAWN SCHROEDER
IRS990EZ/BooksInCareOfDetail/PhoneNum05073798841
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03366 BRIDGE AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ALBERT LEA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd056007
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt029350
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt05551
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt0102013
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-23799
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt029350
IRS990EZ/Form990TotalAssetsGrp/EOYAmt05551
IRS990EZ/GrantsAndSimilarAmountsPaidAmt0125812
IRS990EZ/GrossReceiptsAmt0102013
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt029350
IRS990EZ/NetAssetsOrFundBalancesEOYAmt05551
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt029350
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt05551
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SANDY FORSTNER RETIRED JAN 2024
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DARRELL INGVALDSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2BRENDA WICHMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JONI OSMUNDSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4RHONDA ALLISON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5DAN BODENSTEINER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIR, BOARD CHAIR JAN 2024
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR, VICE CHAIR JANUARY 2024
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TRUSTEE
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATION RECEIVES FUNDS FROM FREEBORN MOWER ELECTRIC COOPERATIVE'S MEMBERS WHO "ROUND UP" THEIR ELECTRIC BILS. THE FUNDS ARE DISTRIBUTED FOR CHARITABLE AND EDUCATIONAL PURPOSES, PRIMARILY WITHIN THE GEOGRAPHIC AREA SERVED BY FREEBORN MOWER ELECTRIC COOPERATIVE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION COLLECTS AND DISBURSES FUNDS FOR CHARITABLE AND EDUCATIONAL PURPOSES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0125812
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0125812
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0125812
IRS990EZ/TotalProgramServiceExpensesAmt0125812
IRS990EZ/TotalRevenueAmt0102013
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.FMEC.COOP
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0102013
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0102195
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0102924
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0103017
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0101746
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0511895
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0511895
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0102013
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0102195
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0102924
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0103017
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0101746
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0511895
IRS990ScheduleA/TotalSupportAmt0511895
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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DARRELL INGVALDSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum05073736421
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-06-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FREEBORN MOWER OPERATION ROUND UP
ReturnHeader/Filer/BusinessNameControlTxt0FREE
ReturnHeader/Filer/EIN0208772314
ReturnHeader/Filer/PhoneNum05073736421
ReturnHeader/Filer/USAddress/AddressLine1Txt03366 BRIDGE AVENUE
ReturnHeader/Filer/USAddress/CityNm0ALBERT LEA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056007
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02024-07-18T13:29:17-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DARRELL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0INGVALDSON
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,551
Liabilities
$0
Net assets
$5,551
Revenue
$102,013
Expenses
$125,812
Net income
-$23,799
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$1.03$1.02$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$1.02$1.26$0.24
2022Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$1.02$1.21$0.19
2021Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$1.03$0.80$0.23
2020Summary only. Only limited summary data is available for this year.$0.25$0.00$1.03$0.83$0.20
2019Summary only. Only limited summary data is available for this year.$0.06$0.00$1.02$1.06$0.05
2018Summary only. Only limited summary data is available for this year.$0.10$0.00$1.04$1.12$0.08
2017Summary only. Only limited summary data is available for this year.$0.18$0.00$1.03$1.29$0.26
2016Summary only. Only limited summary data is available for this year.$0.45$0.00$1.08$0.74$0.34