Civic Intelligence

Edina Abc Foundation

990 • Fiscal year 2023 • EIN 23-7151499

Jul 01, 2022 to Jun 30, 2023 • Filed on Dec 01, 2023

Organization ProfileEDINAABC.ORG
6754 Valley View RoadEdina, MN 55439-1761

(612) 965-0288

Siviq Scores

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

Liabilities / Assets

67th percentile

0.01x

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

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

Liabilities / Revenue

73rd percentile

0.02x

Higher debt load relative to revenue than 73% of similar nonprofits.

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

Net Margin

18th percentile

-24%

Higher net margin than 18% of similar nonprofits.

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

Top Officer Pay

86th percentile

$24,186

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 17.0% of source-year revenue.

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

Asset Growth

26th percentile

-17%

Faster asset growth than 26% of similar nonprofits.

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

Revenue Growth

83rd percentile

58%

Faster revenue growth than 83% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets67th percentile

Assets

Down

$288,970

Down $57,450 (-17%) from 2022

Net Assets

Down

$285,713

Down $33,740 (-11%) from 2022

Liabilities

Down

$3,257

Down $23,710 (-88%) from 2022

Revenue And Expenses
Liabilities / Revenue73rd percentileNet Margin18th percentile

Revenue

Up

$141,895

Up $52,329 (+58%) from 2022

Expenses

Up

$175,483

Up $35,417 (+25%) from 2022

Net Income

Up

-$33,588

Up $16,912 (+33%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

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

$600K$400K$200K$0Assets 2012: $269,269Liabilities 2012: $199,714Net Assets 2012: $69,5552012Assets 2013: $408,573Liabilities 2013: $183,818Net Assets 2013: $224,7552013Assets 2014: $243,390Liabilities 2014: $904Net Assets 2014: $242,4862014Assets 2015: $243,446Liabilities 2015: $2,287Net Assets 2015: $241,1592015Assets 2016: $289,394Liabilities 2016: $0Net Assets 2016: $289,3942016Assets 2017: $306,316Liabilities 2017: $5,286Net Assets 2017: $301,0302017Assets 2018: $370,992Liabilities 2018: $1,680Net Assets 2018: $369,3122018Assets 2019: $386,108Liabilities 2019: $3,448Net Assets 2019: $382,6602019Assets 2020: $356,335Liabilities 2020: $14,308Net Assets 2020: $342,0272020Assets 2021: $373,445Liabilities 2021: $3,473Net Assets 2021: $369,9722021Assets 2022: $346,420Liabilities 2022: $26,967Net Assets 2022: $319,4532022Assets 2023: $288,970Liabilities 2023: $3,257Net Assets 2023: $285,7132023

Highlighted filing

2023

Assets$288,970
Liabilities$3,257
Net Assets$285,713
Open 2023 Filing

Operations Trend

Revenue Growth83rd percentile

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

$200K$100K$0-$100KExpenses 2012: $163,8942012Expenses 2013: $128,4442013Revenue 2014: $150,029Expenses 2014: $132,298Net Income 2014: $17,7312014Revenue 2015: $126,502Expenses 2015: $127,829Net Income 2015: -$1,3272015Revenue 2016: $170,025Expenses 2016: $121,790Net Income 2016: $48,2352016Revenue 2017: $131,393Expenses 2017: $119,165Net Income 2017: $12,2282017Revenue 2018: $182,354Expenses 2018: $114,072Net Income 2018: $68,2822018Revenue 2019: $144,962Expenses 2019: $131,614Net Income 2019: $13,3482019Revenue 2020: $77,988Expenses 2020: $118,621Net Income 2020: -$40,6332020Revenue 2021: $142,324Expenses 2021: $114,379Net Income 2021: $27,9452021Revenue 2022: $89,566Expenses 2022: $140,066Net Income 2022: -$50,5002022Revenue 2023: $141,895Expenses 2023: $175,483Net Income 2023: -$33,5882023

Highlighted filing

2023

Revenue$141,895
Expenses$175,483
Net Income-$33,588
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Dec 1, 2023
Return Version
2022v5.0
Gross Receipts
$159,801
Mission and Program Overview

Mission

Providing strong educational opportunities to students of color. The abc goal is to increase the number of well-educated minority students and make it possible for deserving students to reach their full potential.

Edina abc is dedicated to providing strong educational opportunities to students of color. Their mission is to increase substanitally the number of well-educated young people of color who are capable of assuming positions of responsiblity and leadership in american society.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$189,070$178,226▼ $10,844
Cash and Non-Interest-Bearing Accounts$153,875$105,540▼ $48,335
Prepaid Expenses and Deferred Charges$2,467$3,463▲ $996
Savings and Temporary Cash Investments$1,008$1,741▲ $733
Total Assets$346,420$288,970▼ $57,450
Liabilities
Other Liabilities$1,951$2,424▲ $473
Accounts Payable and Accrued Expenses$25,016$833▼ $24,183
Total Liabilities$26,967$3,257▼ $23,710
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$319,453$285,713▼ $33,740
Total Net Assets Fund Balance$319,453$285,713▼ $33,740
Total Liabilities and Net Assets / Fund Balance$346,420$288,970▼ $57,450

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$135,721$170,227$305,948
Land$40,000-$40,000
Other Land Buildings$179$27,488$27,667
Equipment$2,326$11,934$14,260
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseTotal
James HolmesFormer Director-$24,186$24,186
Elizabeth KumagaiExecutive DirectorPT$17,727$17,727

Board Members and Trustees

NameTitle
Brandon Mccray-reevesPast President
Elizabeth NelsonPresident
Christine SmithPast Vice President
Ann HarensBoard Member
Bocar KaneBoard Member
Clover GrahamBoard Member
Daniel HuntBoard Member
Jeremiah Tom SteeleBoard Member
Jyotsna MaganiBoard Member
Morcine Scott-warrenBoard Member
Sarah KumagaiBoard Member
Francis DonnellyFormer Board Member
Greg WilsonFormer Board Member
Laura HortonPast Secretary
Anne HoltSecretary
Jacob Mccray-reevesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$112,489
Program Service Revenue
$0
Investment Income
$24
Other Revenue
$29,382
All Other Contributions
$85,309
Change in Net Assets
$-33,588
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$93,345
Salaries, Compensation, and Employee Benefits$82,138
Total Fundraising Expense$14,751
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$33,335$11,112$11,112$55,559
Other Salaries and Wages$20,000--$20,000
All Other Expenses$11,033$1,592$2,652$15,277
Depreciation Depletion$10,844--$10,844
Insurance$10,061--$10,061
Other Expenses$9,584--$9,584
Fees for Services Accounting-$7,356-$7,356
Payroll Taxes$4,605$987$987$6,579
Fees for Services Legal-$2,828-$2,828
Advertising$2,247--$2,247
Office Expenses-$344-$344
Total Functional Expenses$136,513$24,219$14,751$175,483
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$47,288
Fundraising Direct Expenses$17,906
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala/other$74,468$47,288$17,906$29,382
Total Events$74,468$47,288$17,906$29,382
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$2,424
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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, Section A, Line 2

“Brandon and jacob mccray-reeves are married. Elizabeth kumagai is the daughter of sarah kumagai.”

Form 990, Part VI, Section B, Line 11B

“President and treasurer review preliminary return. Return is also sent to all board members prior to filing.”

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

“Each year the board members complete and sign a new conflict of interest form.”

Form 990, Part VI, Section B, Line 15A

“Annual review of compensation package with finance committee. Compensation is based upon the prior compensation packagages and size of program. Amount is then approved by the board.”

Form 990, Part VI, Section C, Line 19

“A copy of the compilation report is available upon request at the foundation's office.”

Filing and Contact Details

Filer

Filer Name
The Edina Abc Foundation
EIN
23-7151499
Phone
6129650288
Address
6754 VALLEY VIEW ROAD, EDINA, MN 55439-1761

Signing Officer

Name
Elizabeth E Nelson
Title
President
Phone
6129650288
Signed
2023-12-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elizabeth E Nelson
Formed
1971
Legal Domicile
Mn
Voting Board Members
16
Independent Board Members
16
Employees
4
Volunteers
30

Preparer

Firm
Ellingson & Ellingson Ltd
Address
5101 VERNON AVE S SUITE 501, EDINA, MN 55436
Preparer
Jane E Ehresmann
Phone
9529290315
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Student services: program service expenses 4,324. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,324. Student allowances: program service expenses 3,765. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,765. Household supplies: program service expenses 1,875. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,875. Dues & subscriptions: program service expenses 76. Management and general expenses 78. Fundraising expenses 1,367. Total expenses 1,521. Holiday letter: program service expenses 0. Management and general expenses 0. Fundraising expenses 1,285. Total expenses 1,285. Bank charges: program service expenses 0. Management and general expenses 1,282. Fundraising expenses 0. Total expenses 1,282. Vehicle expense: program service expenses 993. Management and general expenses 0. Fundraising expenses 0. Total expenses 993. Miscellaneous office equipment: program service expenses 0. Management and general expenses 232. Fundraising expenses 0. Total expenses 232.”

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IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt010061
IRS990/InsuranceGrp/TotalAmt010061
IRS990/InvestmentIncomeGrp/ExclusionAmt024
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt024
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0209649
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0189070
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0178226
IRS990/LandBldgEquipCostOrOtherBssAmt0387875
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDING STRONG EDUCATIONAL OPPORTUNITIES TO STUDENTS OF COLOR. THE ABC GOAL IS TO INCREASE THE NUMBER OF WELL-EDUCATED MINORITY STUDENTS AND MAKE IT POSSIBLE FOR DESERVING STUDENTS TO REACH THEIR FULL POTENTIAL.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0319453
IRS990/NetAssetsOrFundBalancesEOYAmt0285713
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt029382
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt029382
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-152
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0319453
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0285713
IRS990/NoncashContributionsAmt0295
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0344
IRS990/OfficeExpensesGrp/TotalAmt0344
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0STUDENT GROCERIES
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc3STUDENT TRAVEL
IRS990/OtherExpensesGrp/ProgramServicesAmt014689
IRS990/OtherExpensesGrp/ProgramServicesAmt110415
IRS990/OtherExpensesGrp/ProgramServicesAmt29700
IRS990/OtherExpensesGrp/ProgramServicesAmt39584
IRS990/OtherExpensesGrp/TotalAmt014689
IRS990/OtherExpensesGrp/TotalAmt110415
IRS990/OtherExpensesGrp/TotalAmt29700
IRS990/OtherExpensesGrp/TotalAmt39584
IRS990/OtherLiabilitiesGrp/BOYAmt01951
IRS990/OtherLiabilitiesGrp/EOYAmt02424
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt020000
IRS990/OtherSalariesAndWagesGrp/TotalAmt020000
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0987
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0987
IRS990/PayrollTaxesGrp/ProgramServicesAmt04605
IRS990/PayrollTaxesGrp/TotalAmt06579
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02467
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03463
IRS990/PrincipalOfficerNm0ELIZABETH E NELSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt097966
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt05000
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt075863
IRS990/PYOtherRevenueAmt0-10002
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-50500
IRS990/PYSalariesCompEmpBnftPaidAmt057601
IRS990/PYTotalExpensesAmt0138464
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt087964
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-33588
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01008
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01741
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0FUNDRAISING INCOME - 2018 AMOUNT: $ 120,597. 2020 AMOUNT: $ 56,883. 2022 AMOUNT: $ 74,468. PPP LOAN FORGIVEN - 2020 AMOUNT: $ 12,183.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt085309
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt089566
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt087347
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt077988
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt063669
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0403879
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt074468
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt069066
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0120597
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0264131
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.60460
IRS990ScheduleA/PublicSupportPY170Pct00.57590
IRS990ScheduleA/PublicSupportTotal170Amt0403879
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt085309
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt089566
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt087347
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt077988
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt063669
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0403879
IRS990ScheduleA/TotalSupportAmt0668010
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0135721
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0170227
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0305948
IRS990ScheduleD/EquipmentGrp/BookValueAmt02326
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011934
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt014260
IRS990ScheduleD/LandGrp/BookValueAmt040000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt040000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0179
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt027488
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt027667
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02424
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0178226
IRS990ScheduleD/TotalLiabilityAmt02424
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt027180
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt027180
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt017906
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA/OTHER
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt074468
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt074468
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt047288
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt047288
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt029382
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt017906
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt017906
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BRANDON AND JACOB MCCRAY-REEVES ARE MARRIED. ELIZABETH KUMAGAI IS THE DAUGHTER OF SARAH KUMAGAI.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRESIDENT AND TREASURER REVIEW PRELIMINARY RETURN. RETURN IS ALSO SENT TO ALL BOARD MEMBERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH YEAR THE BOARD MEMBERS COMPLETE AND SIGN A NEW CONFLICT OF INTEREST FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUAL REVIEW OF COMPENSATION PACKAGE WITH FINANCE COMMITTEE. COMPENSATION IS BASED UPON THE PRIOR COMPENSATION PACKAGAGES AND SIZE OF PROGRAM. AMOUNT IS THEN APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A COPY OF THE COMPILATION REPORT IS AVAILABLE UPON REQUEST AT THE FOUNDATION'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5STUDENT SERVICES: PROGRAM SERVICE EXPENSES 4,324. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,324. STUDENT ALLOWANCES: PROGRAM SERVICE EXPENSES 3,765. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,765. HOUSEHOLD SUPPLIES: PROGRAM SERVICE EXPENSES 1,875. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,875. DUES & SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 76. MANAGEMENT AND GENERAL EXPENSES 78. FUNDRAISING EXPENSES 1,367. TOTAL EXPENSES 1,521. HOLIDAY LETTER: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 1,285. TOTAL EXPENSES 1,285. BANK CHARGES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,282. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,282. VEHICLE EXPENSE: PROGRAM SERVICE EXPENSES 993. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 993. MISCELLANEOUS OFFICE EQUIPMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 232. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 232.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$288,970
Liabilities
$3,257
Net assets
$285,713
Revenue
$141,895
Expenses
$175,483
Net income
-$33,588
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$2.89$0.03$2.86$1.42$1.75$0.34
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.46$0.27$3.19$0.90$1.40$0.51
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.73$0.03$3.70$1.42$1.14$0.28
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.56$0.14$3.42$0.78$1.19$0.41
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.86$0.03$3.83$1.45$1.32$0.13
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.71$0.02$3.69$1.82$1.14$0.68
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.06$0.05$3.01$1.31$1.19$0.12
2016Detailed filing. Detailed filing data is available for this year.$2.89$0.00$2.89$1.70$1.22$0.48
2015Detailed filing. Detailed filing data is available for this year.$2.43$0.02$2.41$1.27$1.28$0.01
2014Detailed filing. Detailed filing data is available for this year.$2.43$0.01$2.42$1.50$1.32$0.18
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.09$1.84$2.25$1.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.69$2.00$0.70$1.64