Civic Intelligence

Midwest Global Trade Association

EIN 26-0058606 • 501(c)6 • Bloomington, MN

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5123 W 98th St Ste 58Bloomington, MN 55437

www.mgta.org

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

50th percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2022

Net Margin

97th percentile

60%

Higher net margin than 97% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

93rd percentile

53%

Faster asset growth than 93% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

87th percentile

39%

Faster revenue growth than 87% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets49th percentile

Assets

Up

$56,848

Up $19,775 (+53%) from 2021

Liabilities

Down

$0

Down $463 (-100%) from 2021

Net Assets

Up

$56,848

Up $20,238 (+55%) from 2021

Operations
Liabilities / Revenue50th percentileNet Margin97th percentile

Revenue

Up

$32,983

Up $9,304 (+39%) from 2021

Expenses

Down

$13,208

Down $9,010 (-41%) from 2021

Net Income

Up

$19,775

Up $18,314 (+1254%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth93rd percentile

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

$100K$50K$0Assets 2011: $86,578Liabilities 2011: $4,685Net Assets 2011: $81,8932011Assets 2013: $77,458Liabilities 2013: $4,585Net Assets 2013: $72,8732013Assets 2015: $73,232Liabilities 2015: $1,792Net Assets 2015: $71,4402015Assets 2016: $71,051Liabilities 2016: $2,609Net Assets 2016: $68,4422016Assets 2017: $61,353Liabilities 2017: $7,968Net Assets 2017: $53,3852017Assets 2018: $68,056Liabilities 2018: $19,983Net Assets 2018: $48,0732018Assets 2019: $53,331Liabilities 2019: $8,340Net Assets 2019: $44,9912019Assets 2020: $36,170Liabilities 2020: $1,031Net Assets 2020: $35,1392020Assets 2021: $37,073Liabilities 2021: $463Net Assets 2021: $36,6102021Assets 2022: $56,848Liabilities 2022: $0Net Assets 2022: $56,8482022

Highlighted filing

2022

Assets$56,848
Liabilities$0
Net Assets$56,848
Open 2022 Filing

Operations Trend

Revenue Growth87th percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $99,939Expenses 2011: $102,872Net Income 2011: -$2,9332011Revenue 2013: $96,574Expenses 2013: $107,246Net Income 2013: -$10,6722013Revenue 2015: $96,940Expenses 2015: $97,976Net Income 2015: -$1,0362015Revenue 2016: $100,946Expenses 2016: $103,944Net Income 2016: -$2,9982016Revenue 2017: $83,215Expenses 2017: $98,272Net Income 2017: -$15,0572017Revenue 2018: $99,319Expenses 2018: $104,631Net Income 2018: -$5,3122018Revenue 2019: $121,895Expenses 2019: $124,863Net Income 2019: -$2,9682019Revenue 2020: $35,277Expenses 2020: $45,129Net Income 2020: -$9,8522020Revenue 2021: $23,679Expenses 2021: $22,218Net Income 2021: $1,4612021Revenue 2022: $32,983Expenses 2022: $13,208Net Income 2022: $19,7752022

Highlighted filing

2022

Revenue$32,983
Expenses$13,208
Net Income$19,775
Open 2022 Filing

Filings

Most recent year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$56,848
Liabilities
$0
Net assets
$56,848
Revenue
$32,983
Expenses
$13,208
Net income
$19,775
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.57$0.00$0.57$0.33$0.13$0.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.37$0.00$0.37$0.24$0.22$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.36$0.01$0.35$0.35$0.45$0.10
2019Detailed filing. Detailed filing data is available for this year.$0.53$0.08$0.45$1.22$1.25$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.68$0.20$0.48$0.99$1.05$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.08$0.53$0.83$0.98$0.15
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.71$0.03$0.68$1.01$1.04$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.73$0.02$0.71$0.97$0.98$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.77$0.05$0.73$0.97$1.07$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.05$0.82$1.00$1.03$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 11, 2023
Return Version
2022v5.0
Gross Receipts
$32,983
Mission and Program Overview

Mission

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
SEE SCHEDULE O--
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
AMANDA MCDONALDPresidentPT$0--
CHAD SMITHVice President-$0--
JOHN NOVAKTreasurer-$0--
ANIA ADAMSZYKSecretary-$0--
SUE SENGERDirector-$0--
KATHARINE MCINTOSHDirector-$0--
JEAN CARLSONDirector-$0--
Filing and Contact Details

Filer

Filer Name
Midwest Global Trade Association
EIN
26-0058606
Address
5123 W 98TH ST STE 58, BLOOMINGTON, MN 55437

Signing Officer

Name
John Novak
Title
Treasurer
Signed
2023-11-11
Supplemental Narrative

Additional Explanations

General explanation attachment

“Form 990-ez, part iii, section 1, line 1: to serve as a forum for education, networking & information for trade professionals in the midwest. Form 990-ez, part iii, line 28: provided international trade-related education programs, services and support for members and nonmembers. Also provided an annual convention, special informational meetings, networking events, and informative international trade newsletter for members.”

Description of other expenses Part I line 16

“Description amountcatering 2,239postage & delivery 50office supplies & signage 183meeting expense & volunteer recogni 200website 6,033bank & credit card fees 1,271insurance 1,938miscellaneous 74facility fees 598”

Description of other assets Part II line 24

“Category beginning of year end of yearaccounts receivable 300 12,760undeposited funds 2,145 145”

Raw XML Appendix127 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/ApplicationPendingInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0H WOOLEY ACCOUNTING AND TAX
IRS990EZ/BooksInCareOfDetail/PhoneNum09528311517
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt010108 IRWIN ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BLOOMINGTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055437
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt034628
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt043943
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt019775
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0500
IRS990EZ/FiledScheduleAInd0false
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt037073
IRS990EZ/Form990TotalAssetsGrp/EOYAmt056848
IRS990EZ/GrossReceiptsAmt032983
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt088
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt037073
IRS990EZ/NetAssetsOrFundBalancesEOYAmt056848
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt037073
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt056848
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt13.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt23.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt33.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt52.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt62.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0AMANDA MCDONALD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CHAD SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOHN NOVAK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ANIA ADAMSZYK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4SUE SENGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5KATHARINE MCINTOSH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JEAN CARLSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt02445
IRS990EZ/OtherAssetsTotalDetail/EOYAmt012905
IRS990EZ/OtherExpensesTotalAmt012586
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SEE SCHEDULE O
IRS990EZ/PrintingPublicationsPostageAmt0122
IRS990EZ/ProgramServiceRevenueAmt032895
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SEE SCHEDULE O
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt013208
IRS990EZ/TotalRevenueAmt032983
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.MGTA.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990-EZ, PART III, SECTION 1, LINE 1: TO SERVE AS A FORUM FOR EDUCATION, NETWORKING & INFORMATION FOR TRADE PROFESSIONALS IN THE MIDWEST. FORM 990-EZ, PART III, LINE 28: PROVIDED INTERNATIONAL TRADE-RELATED EDUCATION PROGRAMS, SERVICES AND SUPPORT FOR MEMBERS AND NONMEMBERS. ALSO PROVIDED AN ANNUAL CONVENTION, SPECIAL INFORMATIONAL MEETINGS, NETWORKING EVENTS, AND INFORMATIVE INTERNATIONAL TRADE NEWSLETTER FOR MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTCATERING 2,239POSTAGE & DELIVERY 50OFFICE SUPPLIES & SIGNAGE 183MEETING EXPENSE & VOLUNTEER RECOGNI 200WEBSITE 6,033BANK & CREDIT CARD FEES 1,271INSURANCE 1,938MISCELLANEOUS 74FACILITY FEES 598
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEARACCOUNTS RECEIVABLE 300 12,760UNDEPOSITED FUNDS 2,145 145
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN NOVAK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MIDWEST GLOBAL TRADE ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0MIDW
ReturnHeader/Filer/EIN0260058606
ReturnHeader/Filer/USAddress/AddressLine1Txt05123 W 98TH ST STE 58
ReturnHeader/Filer/USAddress/CityNm0BLOOMINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055437
ReturnHeader/ReturnTs02023-11-13T18:04:14-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOHN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0NOVAK
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)6 • <$500k nonprofits