Civic Intelligence

Greater Milan Initiative

990EZ • Fiscal year 2020 • EIN 26-0774267

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

PO Box 128Milan, MN 56262-0128

(320) 734-4128

Siviq Scores

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

Liabilities / Assets

84th percentile

0.31x

Higher debt load relative to assets than 84% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

94th percentile

0.88x

Higher debt load relative to revenue than 94% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

10th percentile

-72%

Higher net margin than 10% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

34th percentile

-4.6%

Faster asset growth than 34% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

23rd percentile

-48%

Faster revenue growth than 23% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$98,360

Down $4,737 (-4.6%) from 2019

Net Assets

Down

$67,518

Down $25,437 (-27%) from 2019

Liabilities

Up

$30,842

Up $20,700 (+204%) from 2019

Revenue

Down

$35,204

Down $32,800 (-48%) from 2019

Expenses

Up

$60,641

Up $17,367 (+40%) from 2019

Net Income

Down

-$25,437

Down $50,167 (-203%) from 2019

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2010: $57,256Liabilities 2010: $37,646Net Assets 2010: $19,6102010Assets 2011: $28,274Liabilities 2011: $14,862Net Assets 2011: $13,4122011Assets 2012: $29,647Liabilities 2012: $6,943Net Assets 2012: $22,7042012Assets 2013: $38,734Liabilities 2013: $4,089Net Assets 2013: $34,6452013Assets 2015: $68,357Liabilities 2015: $32,009Net Assets 2015: $36,3482015Assets 2016: $70,670Liabilities 2016: $27,054Net Assets 2016: $43,6162016Assets 2017: $72,480Liabilities 2017: $21,449Net Assets 2017: $51,0312017Assets 2018: $78,065Liabilities 2018: $15,858Net Assets 2018: $62,2072018Assets 2019: $103,097Liabilities 2019: $10,142Net Assets 2019: $92,9552019Assets 2020: $98,360Liabilities 2020: $30,842Net Assets 2020: $67,5182020Assets 2021: $98,622Liabilities 2021: $21,341Net Assets 2021: $77,2812021Assets 2022: $157,400Liabilities 2022: $49,688Net Assets 2022: $107,7122022Assets 2023: $148,392Liabilities 2023: $45,399Net Assets 2023: $102,9932023Assets 2024: $150,001Liabilities 2024: $41,671Net Assets 2024: $108,3302024

Highlighted filing

2020

Assets$98,360
Liabilities$30,842
Net Assets$67,518

Operations Trend

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

$200K$100K$0-$100KRevenue 2010: $185,303Expenses 2010: $185,646Net Income 2010: -$3432010Revenue 2011: $37,852Expenses 2011: $44,051Net Income 2011: -$6,1992011Revenue 2012: $59,929Expenses 2012: $50,636Net Income 2012: $9,2932012Revenue 2013: $61,349Expenses 2013: $49,408Net Income 2013: $11,9412013Revenue 2015: $65,393Expenses 2015: $63,954Net Income 2015: $1,4392015Revenue 2016: $59,228Expenses 2016: $51,960Net Income 2016: $7,2682016Revenue 2017: $57,515Expenses 2017: $50,100Net Income 2017: $7,4152017Revenue 2018: $69,682Expenses 2018: $58,506Net Income 2018: $11,1762018Revenue 2019: $68,004Expenses 2019: $43,274Net Income 2019: $24,7302019Revenue 2020: $35,204Expenses 2020: $60,641Net Income 2020: -$25,4372020Revenue 2021: $49,988Expenses 2021: $40,225Net Income 2021: $9,7632021Revenue 2022: $80,395Expenses 2022: $49,964Net Income 2022: $30,4312022Revenue 2023: $67,967Expenses 2023: $72,686Net Income 2023: -$4,7192023Revenue 2024: $66,486Expenses 2024: $61,149Net Income 2024: $5,3372024

Highlighted filing

2020

Revenue$35,204
Expenses$60,641
Net Income-$25,437
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.0
Gross Receipts
$35,204
Mission and Program Overview

Mission

The purpose of the greater milan initiative is to foster healthy and welcoming communities, to promote a just and sustainable economy, to protect and restore the natural landscapes, to support the arts in the greater milan community,and to suport a vital future for all generations of the greater milan community.

Program Services

DescriptionGrantsExpenses
TO FOSTER HEALTHY & WELCOMING COMMUNITIES, TO PROMOTE A JUST AND SUSTAINABLE ECONOMY, TO PROTECT AND RESTORE THE NATURAL LANDSCAPES AND TO SUPPORT A VITAL FUTURE FOR ALL GENERATIONS OF THE GREATER MILAN COMMUNITY.-$53,796
TO PROMOTE AND FOSTER HEALTHY AND WELCOMING COMMUNITIES. TO PROMOTE A JUST AND SUSTAINABLE ECONOMY, TO PROTECT AND RESTORE THE NATURAL LANDSCAPES AND TO SUPPORT A VITAL FUTURE FOR ALL GENERATIONS OF THE GREATER MILAN COMMUNITY.OPERATION OF A LOCAL BUILDING USED AS A FITNESS CENTER, COMMUNITY CENTER, THRIFT SHOP, SPACE FOR COMMUNITY EDUCATION CLASSES AND COMMUNITY EVENTS, WORKSHOPS, ART SCHOOL AND RENTAL OF SPACE TO THE COMMUNITY.-$6,845
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHELLE ASCHEMANChair Person-$0--
ANN THOMPSONSecretary-$0--
RICH ISDERTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Greater Milan Initiative
EIN
26-0774267
Phone
3207344128
Address
PO BOX 128, MILAN, MN 56262-0128

Signing Officer

Name
Rich Isder
Title
Treasurer
Phone
3207344128
Signed
2021-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Huston-vadnais LLC
Address
PO BOX 201, BENSON, MN 56215
Preparer
Lori Huston-vadnais
Phone
3208432590
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 135 office 271 interest 143 insurance 1,945 special events expense 354 fitness center expense 487 youth center 46 contract labor 4,080 non-investment depreciation 3,638 total 11,099

Form 990-ez, Part I, Line 20

ALUMNI ACCOUNT 0

Form 990-ez, Part II, Line 24

Accounts receivable 700 0 prepaid expenses and deferred charges 10,787 7,277 108,797 108,797 less accumulated depreciation 60,020 63,065 total 60,264 53,009

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 353 154 grants payable 0 5,532 mortgage payable 9,789 25,156

Form 990-ez, Part III

The purpose of the greater milan initiative is to foster healthy and welcoming communities, to promote a just and sustainable economy, to protect and restore the natural landscapes, to support the arts in the greater milan community,and to suport a vital future for all generations of the greater milan community.

Form 990-ez, Part III, Line 31

To promote and foster healthy and welcoming communities. To promote a just and sustainable economy, to protect and restore the natural landscapes and to support a vital future for all generations of the greater milan community.operation of a local building used as a fitness center, community center, thrift shop, space for community education classes and community events, workshops, art school and rental of space to the community.

Raw XML Appendix151 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0MICHELLE ASCHEMAN
CompensationExplanation/CompensationExplanationGrp/PersonNm1ANN THOMPSON
CompensationExplanation/CompensationExplanationGrp/PersonNm2RICH ISDER
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IRS990EZ/BooksInCareOfDetail/PersonNm0RICH ISDER
IRS990EZ/BooksInCareOfDetail/PhoneNum03207344128
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 128
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MILAN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd056262
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IRS990EZ/MembershipDuesAmt0845
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHELLE ASCHEMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ANN THOMPSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2RICH ISDER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR PERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt053009
IRS990EZ/OtherExpensesTotalAmt011099
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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSE OF THE GREATER MILAN INITIATIVE IS TO FOSTER HEALTHY AND WELCOMING COMMUNITIES, TO PROMOTE A JUST AND SUSTAINABLE ECONOMY, TO PROTECT AND RESTORE THE NATURAL LANDSCAPES, TO SUPPORT THE ARTS IN THE GREATER MILAN COMMUNITY,AND TO SUPORT A VITAL FUTURE FOR ALL GENERATIONS OF THE GREATER MILAN COMMUNITY.
IRS990EZ/PrintingPublicationsPostageAmt0274
IRS990EZ/ProgramServiceRevenueAmt024489
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO FOSTER HEALTHY & WELCOMING COMMUNITIES, TO PROMOTE A JUST AND SUSTAINABLE ECONOMY, TO PROTECT AND RESTORE THE NATURAL LANDSCAPES AND TO SUPPORT A VITAL FUTURE FOR ALL GENERATIONS OF THE GREATER MILAN COMMUNITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1TO PROMOTE AND FOSTER HEALTHY AND WELCOMING COMMUNITIES. TO PROMOTE A JUST AND SUSTAINABLE ECONOMY, TO PROTECT AND RESTORE THE NATURAL LANDSCAPES AND TO SUPPORT A VITAL FUTURE FOR ALL GENERATIONS OF THE GREATER MILAN COMMUNITY.OPERATION OF A LOCAL BUILDING USED AS A FITNESS CENTER, COMMUNITY CENTER, THRIFT SHOP, SPACE FOR COMMUNITY EDUCATION CLASSES AND COMMUNITY EVENTS, WORKSHOPS, ART SCHOOL AND RENTAL OF SPACE TO THE COMMUNITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt053796
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt16845
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MEMBERSHIP DUES & ASSESSEMENT 4,600
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt01825
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt09870
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt010245
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt055596
IRS990ScheduleA/TotalSupportAmt061041
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 135 OFFICE 271 INTEREST 143 INSURANCE 1,945 SPECIAL EVENTS EXPENSE 354 FITNESS CENTER EXPENSE 487 YOUTH CENTER 46 CONTRACT LABOR 4,080 NON-INVESTMENT DEPRECIATION 3,638 TOTAL 11,099
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALUMNI ACCOUNT 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 700 0 PREPAID EXPENSES AND DEFERRED CHARGES 10,787 7,277 108,797 108,797 LESS ACCUMULATED DEPRECIATION 60,020 63,065 TOTAL 60,264 53,009
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 353 154 GRANTS PAYABLE 0 5,532 MORTGAGE PAYABLE 9,789 25,156
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PURPOSE OF THE GREATER MILAN INITIATIVE IS TO FOSTER HEALTHY AND WELCOMING COMMUNITIES, TO PROMOTE A JUST AND SUSTAINABLE ECONOMY, TO PROTECT AND RESTORE THE NATURAL LANDSCAPES, TO SUPPORT THE ARTS IN THE GREATER MILAN COMMUNITY,AND TO SUPORT A VITAL FUTURE FOR ALL GENERATIONS OF THE GREATER MILAN COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TO PROMOTE AND FOSTER HEALTHY AND WELCOMING COMMUNITIES. TO PROMOTE A JUST AND SUSTAINABLE ECONOMY, TO PROTECT AND RESTORE THE NATURAL LANDSCAPES AND TO SUPPORT A VITAL FUTURE FOR ALL GENERATIONS OF THE GREATER MILAN COMMUNITY.OPERATION OF A LOCAL BUILDING USED AS A FITNESS CENTER, COMMUNITY CENTER, THRIFT SHOP, SPACE FOR COMMUNITY EDUCATION CLASSES AND COMMUNITY EVENTS, WORKSHOPS, ART SCHOOL AND RENTAL OF SPACE TO THE COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICH ISDER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03207344128
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GREATER MILAN INITIATIVE
ReturnHeader/Filer/BusinessNameControlTxt0GREA
ReturnHeader/Filer/EIN0260774267
ReturnHeader/Filer/PhoneNum03207344128
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 128
ReturnHeader/Filer/USAddress/CityNm0MILAN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd0562620128
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200286155
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HUSTON-VADNAIS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BENSON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd056215
ReturnHeader/PreparerPersonGrp/PhoneNum03208432590
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LORI HUSTON-VADNAIS
ReturnHeader/ReturnTs02021-11-15T13:42:44-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RICHARD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ISDER
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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.$1.50$0.42$1.08$0.66$0.61$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.48$0.45$1.03$0.68$0.73$0.05
2022Detailed filing. Detailed filing data is available for this year.$1.57$0.50$1.08$0.80$0.50$0.30
2021Detailed filing. Detailed filing data is available for this year.$0.99$0.21$0.77$0.50$0.40$0.10
2020Detailed filing. Detailed filing data is available for this year.$0.98$0.31$0.68$0.35$0.61$0.25
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$0.10$0.93$0.68$0.43$0.25
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.78$0.16$0.62$0.70$0.59$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.72$0.21$0.51$0.58$0.50$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.71$0.27$0.44$0.59$0.52$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.68$0.32$0.36$0.65$0.64$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.39$0.04$0.35$0.61$0.49$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.07$0.23$0.60$0.51$0.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.15$0.13$0.38$0.44$0.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.38$0.20$1.85$1.86$0.00